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1061  Bitcoin / Pools / Re: Slush Pool: Why do I get no reward for short rounds?? on: June 14, 2011, 06:42:56 PM
It's normal, very short rounds (10 seconds - 2 minutes) are pure luck. If you are among the first to get shares you get paid a lot.
If you are among the last you get no reward.

I've had even 3 minute rounds where I recieved "none" (6.5ghash on slush total). The longer a round lasts the more chances you have to get paid.

In over 99% of cases you get paid for every round. Even at very high hashrate, the chance to find a block within a few seconds is far under 1%.
Those rounds are statistically abnormal, but by no means impossible (pure variance), just as a royal flush in a game of poker.
1062  Bitcoin / Development & Technical Discussion / Re: Why bitcoin cannot grow past 4 million users on: June 14, 2011, 05:07:23 PM
Not even in 2140?


Probably not, according to the UN there will be about 9 to 14 billion people alive by then, the vast majority living in poor countries. Population growth will be severely limited by resources in 2050-2080 as well so it wont grow exponentially.

http://www.un.org/esa/population/publications/longrange2/WorldPop2300final.pdf

Even in the extreme scenario (14-15 billion by 2140) that'd mean half of the world's population would have internet connection or use bitcoin.

Now the population is at about 6.9 billion, and the most popular web service has only 500m users (~7% of world population). That means 93% of people in the world have no idea what Facebook is or haven't used it.
1063  Bitcoin / Pools / Re: [Testing] Eclipse Mining Consortium: The Be Everything 0 Fee Pool on: June 14, 2011, 04:47:38 PM
I like your pool because it has all the features of deepbit (except PPS) with no fees.
Added a few miners today. If the server stays stable I'll move more from other pools to this.

Can't see any problems now besides relatively high variance, due to low hashrate.
1064  Bitcoin / Pools / Re: Next pool to hate... on: June 14, 2011, 04:39:46 PM


I'm surprised people are still sticking with deepbit when it has such a high fee. Is there something about it I'm missing?

Tell me of another pool with high hash rate (= low variance), pay-per-share, instant payout (no 120 blocks to confirm b.s.), long polling
 
I gladly pay 7% for that. In fact my earnings on DB are consistently higher than on slush despite the 5% difference in fees.

& I don't have to wait 16-24+ hours for "confirmed".
1065  Bitcoin / Pools / Re: [~3000 Gh/s Mining Pool] HTTPS,API, instant payouts,LP,+1% for NO INVALID BLOCKS on: June 14, 2011, 04:34:06 PM
What percentage of downtime are people averaging over the past few days on Deepbit?  How does it compare to other pools?  Deepbit is the only one I've ever used but really looking like I need to switch.

I spread out on 4 pools and all are affected by this shit.

Some lonely gentleman has decided to DoS pools, blockexplorer and even bitcoin.org.
1066  Bitcoin / Pools / Re: Deepbit Down? on: June 14, 2011, 04:28:32 PM
Goddamnit. Every pool is crapping out in the last 48 hours.
First slush, guild and now deepbit. Even the bitcoin.org forum slows down now and then.

Got to try new ones like Eligius and Eclipse for now.
1067  Bitcoin / Development & Technical Discussion / Re: Why bitcoin cannot grow past 4 million users on: June 14, 2011, 01:41:27 PM
That estimate is ridiculous. There will never be 7 billion people using any single internet service.

In fact only 2 billion people, or 28% of the world's population even has access to the internet (and only ~1.2 billion through home connections).

Facebook is the largest online community/service ever and it has about 500 million users. Paypal is the largest payment processor and it only has about 20-40 million active users.
1068  Economy / Economics / Re: Big investors are coming soon to buy Bitcoin.. on: June 14, 2011, 12:39:18 PM
Green dogs with rabies are invading Milwaukee any day now.

Just a heads up.
1069  Economy / Economics / Re: Whats the sense of ask-orders like this on: June 14, 2011, 11:20:48 AM
The price goes progressively up, displays as such on the charts & live feed, and you can buy from yourself to make the price appear to have risen quickly.
Since the transaction amounts are so small, the Gox fees don't effect you in anyway.

I must admit I've used this a few times to create a couple-dollar rallies. But not with a bot, just manually.
Mt. Gox allows unlimited transactions per day at any specified amount of BTC so that's what's making it possible.

There is no risk of failure either, because you buy the small bids yourself, driving the price up a bit every time.
1070  Other / Obsolete (selling) / Re: 10 x HD 6990 - available on: June 14, 2011, 11:17:32 AM
That's $1600 at Mt. Gox rate.

Hell, even if BTC cost 10 bucks each that would still be $800. New 6990 costs less than that in a store.
1071  Other / CPU/GPU Bitcoin mining hardware / Re: PCI-E x1 to PCI-E x16 Issue (0.2 BTC reward) on: June 14, 2011, 11:13:29 AM
that's interesting news mechanizm...do you know if there is any way around this? It's definetely not the cable because i plugged the x1 to x16 cable into a x16 slot and it posted fine. So maybe you are right, it may be some way the gigabyte motherboard is set up. I'll try the x1 in the asus motherboard to see if I get the same results.

I just don't understand why it would affect the other video cards from doing their job  Undecided

My asus p8p67 only boots multi-card setups if I go into BIOS and set pci-e mode to x1 so that every lane is running at that speed. Otherwise certain lanes are disabled while others run at x4, x8 or x16. Only x1 allows running all of them.
1072  Other / Obsolete (buying) / Re: Entertaining music piece. Can be digital or YouTube. 0.10 BTC on: June 14, 2011, 12:49:18 AM
Does this count?

12pvvkFTAHm5tVm4ZjB9GpF3d5ftnQd1ro

It's not quite what I was looking for, but I found it great. There is apparently an entire meme built around it. I sent you 0.05BTC.

http://tinyurl.com/3nlcn93

http://preview.tinyurl.com/3nlcn93


1E3TwJP4JqeyUYBY7pmkQGRbVmyMH2itTu

Have a classy evening.

It's not funny, although I do like jazz.
1073  Other / Obsolete (buying) / Entertaining music piece. Can be digital or YouTube. 0.10 BTC on: June 14, 2011, 12:28:27 AM
It has to be funny, so I can listen to it while watching Mt. Gox jump up and down during my trading hours.

Benny Hill theme doesn't count because I already discovered that one.

Not a troll thread, include your bitcoin address for payment. Thanks.
1074  Other / Obsolete (selling) / Re: 5970 for 20 btc on: June 14, 2011, 12:07:34 AM
Guy registered yesterday and has no refs.

Why send him (or that could be you) 20BTC blind?
1075  Bitcoin / Mining / Re: Woahhh on: June 13, 2011, 11:35:23 PM
wow. I didn't notice that.

Must absolutely be a bug, no way it dropped down to 200k by this attack.
In fact it should be 850k tomorrow.
1076  Bitcoin / Mining / Re: Everybody, launch your Bitcoin client! (node) on: June 13, 2011, 11:34:14 PM


I have a 4.05 BTC withdrawal in limbo from deepbit. It hasn't moved for hours.
1077  Bitcoin / Mining / Re: Woahhh on: June 13, 2011, 11:26:58 PM
Fuck everyone who DDoS'es pools. Really, your chances of finding blocks don't even go up unless the difficulty level drops down. It has zero effect.
Not to mention the sites will just keep coming up.

It doesn't do jack. Even the effect on BTC price is negligible at best. All you're doing is griefing miners.
I'd understand if there was some financial motive. But there isn't any.

These attacks are simply vandalism which makes it bizarre.
Or an attempt to make people switch pools
1078  Bitcoin / Mining / Re: Now Slush is down? on: June 13, 2011, 09:56:15 PM
Check statistics, more than 60% of miners left for other pools. I suspect much more long rounds now that capacity is down from 1500ghash/s to 500-650ghash.

Earnings have been down for a while and the DDoS earlier today just making it worse.
1079  Other / Obsolete (selling) / Re: selling xfx 6990 new in box. watch the youtube. on: June 13, 2011, 08:54:22 PM
If you take paypal I'm sure someone would be glad to offer $8,000 for it.
1080  Bitcoin / Bitcoin Discussion / Re: Wow! The Market could be at $33.50 by later today!! on: June 13, 2011, 08:48:13 PM
It could be 19.17 today. Bet on it.
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