It can be a million other things besides the grease; it could be air flow. Being sandwitched sounds bad, but it could be better than a card thats inhaling hot air from your PSU. are the fan RPMs the same? One fan might be wearing out. Also no 2 chips are identical. Powerconsumption varries, and therefore temperatures. maybe the heatsink is not mounted as well. As for thermal paste; you want thick stuff for gpus. With cpus, ive never really noticed any real difference between one paste and the other, but for some reason, with GPUs I have. In my experience, thicker gunky stuff = better . I also found I had to use a lot more than with cpus for some reason
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DnT, he had me fooled too, but martychubbs is just trolling and crying as he sees the last prop pools slowly disappear.
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You were saying speculator ownership dwarfs the underlying economy. That's concentration of ownership, right? Depends on how you define concentration of ownership. The amount of speculators vs "traders" (trading goods and services for btc) or how btc's are divided among owners. In the first sense, yeah obviously, but I meant the second when I spoke of concentration of ownership and I thought you did too. There might be some people who own a large % of all btcs, but I dont see that as a problem or having a big effect either way. I thought you did, but perhaps I misunderstood you I don't think Bitcoin needs anything to change fundamentally. Ease of client use is a big thing, but it will come in time. Of course light clients like spinner are already idiot proof. I think it just needs time. We'll see. I remain optimistic.
I meant fundamentals as in bitcoin becoming more mainstream. I didnt mean technical improvements in the software.
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I think it does. When someone dumps Bitcoins the people buying prevent the dump from moving the price as much as it would have. That clearly adds stability.
When 99.9% of the value (/ownership) is speculators, people dump bitcoin because other speculators dump it and buy bitcoin because others are buying. Or because they expect others to dump/buy. I understand what you are saying about the disparity in ownership, and how an individual can move the market, but this will change with time. I've listed a few times what I feel are the required steps for a more stable exchange rate and a greater distribution of coins has always been one of them. I never even mentioned concentration of ownership. Speculators moving like a herd is not that different than concentrated ownership. A higher exchange rate is another. Remember the disparity in ownership of fiat is great as well, and one individual could move the price quite a lot simply by purchasing a large number of coins. They could do this with what they consider pocket change.
True, but were is the incentive to move the price only for moving it? And a higher exchange rate, aka as a new bubble -unless something more fundamental changes first- will also attract more speculators. Bitcoin could grown 10.000x and it would still represent next to nothing in the world economy. Anyway, this has been debated to death now I think. And AFACIT, the facts speak for themselves. Lets see if it changes over the next years, but Im not holding my breath.
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LOL for putting a fan under that PCB and one on top. Does this forum have a facepalm button ? Guess I was wrong thinking they wouldnt be that stupid. Then again, maybe they arent, and the underside is actually getting hot enough to warrant a fan?
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Is stability relevant if it isn't relevant to most people trading the respective commodity?
Id say it is if most people dont use it for anything other than speculation because of its instability. Nice catch 22.
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I see. It will obtain stability if it becomes large enough. The Forex is massive compared the the GDP of the most developed countries, and even with all that speculation the fiat currencies are relatively stable. Maybe, but its not unregulated, and you will probably hate me for saying this, but it does have central banks that ensure some stability. Moreover the volume on forex is perhaps much larger than the underlying economies, but that not what matters. Buying and selling the same dollar 1000x per day does not cause price swings. What matters is how much of the currency or commodity is owned by speculators, and in that sense, forex is minor compared to the underlying economies. In oil the % would be bigger, gold I would guess even bigger than that and bitcoin almost a theoretical maximum. See a pattern? Speculation adds stability. I can only imagine how volatile Bitcoin would be without it. No it doesnt. Speculation adds liquidity. Some speculation is good, and really needed, but when you get to the point where speculator ownership completely dwarfs the underlying economy, it doesnt do anything like stabilizing.
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So, where do you stand on the OP?
I tend to agree, but I see it as inevitable. Bitcoin being what it is, completely unregulated and its value for 99.9% determined by speculation, I cant see how it will ever obtain price stability. I dont like that, but I cant see a solution for it either, so if I were a speculator Id either sign up for his newsletter or start my own if I had enough funds to make sure my initial predictions came true.
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Just posters who spreads disinformation when another hoppable pool looks like it is going to disappear. Not the first to employ this troll technique or the first to get ignored by me.
Point taken and ignore list expanded. BTW, saw your sig. I'm looking for a 0 fee PPLNS merged mining pool, where are you? The one in my sig fits the bill.
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Insider trading for stocks is a crime. Do you think it ought no to be?
Bitcoin is not a stock. Should Gavin be allowed to trade Bitcoins? Edit: I picked the most "insider" person I could think of. If Gavin's actions or knowledge would have a significant impact on bitcoin's future exchange rate, then we have a far bigger problem then him doing insider trading. So yes, its absolutely fine if Gavin trades, he wouldnt or at least shouldnt have any private knowledge that will affect exchange rates.
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Insider trading for stocks is a crime. Do you think it ought no to be?
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Read enough of his posts, especially the btc guild thread and that "btc guild is stealing from its users" thread a couple of months back. Enough said.
Maybe you're right, but there seem to be plenty of posters in this thread that still dont get it, so it doesnt hurt to defuse his nonsense just in case someone actually believes it.
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Look Marty, maybe you have tried and failed to hop and therefore you think it cant be done. In that case, I dont know who is the bigger idiot, the 24/7 miners getting raped on a prop pool or you.
Marty is a poolhopping troll who's mad that he can hop one less pool after this, so could you please consider not feeding him/it? Pretty please? I dont think so, I think he is truly as clueless as he appears. He is offering his hashrate to Clipse for 100% PPS. Enough said.
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Look Marty, maybe you have tried and failed to hop and therefore you think it cant be done. In that case, I dont know who is the bigger idiot, the 24/7 miners getting raped on a prop pool or you. The tools are all out there, opensource and all, its no secret, its all on this forum and github, and while I havent tried it myself, it looks like anyone with half a brain should be able to get it to work. This was news back in February 2011 before people mined on GPUs. Welcome to 2012. You must be one of the last men standing who thinks hopping prop pools doesnt work. Anyone else thinking it doesnt work, and is mining 24/7 on bitlc, calculate your revenue and you will see you are only earning ~80% of expected revenue. Its not bad luck of the pool, block average is spot on. Marty, why dont you mine 24/7 on Bitlc or bitclockers and prove me wrong?
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Wow, that must be much easier to just look at that page. It is totally accurate and in real-time. What makes you think it isnt? OK, so it must be really easy to hop for you, give it a try. If goat can, I think just about anyone can. Well maybe anyone except you? And again, what will you do after 47% (?), if you turn off your miners you WILL have less than 100% payout over just a few blocks... WTF? You cant be that stupid. You mine on a PPS or pplns pool of course and get 100% like anyone else mining there until you can hop again!
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P4, hate to say it but you don't have a clear understanding of hopping, either. Where does a hopper go if they can't mine a prop pool from start to 43.5% (47%?)? Is that a question? Well doh, you go to any PPS or hop proof pool and make 100% PPS like anyone else mining there, until you get another opportunity to hop prop pools. Doh. The theoretical best you can do is 128%, If you only hope ONE pool.
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See, A1 and BC show an accurate share count for each round. Deepbit and Bitlc hide or randomly delay share counts so you have to guess where the hop point is and even worse when it starts... You need magic sauce that I don't see everyone agreeing on what it is exactly. Magic sauce? Here, have some: http://blockchain.info/
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IMO its pretty akin to insider trading.
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Only if intermittent miners are intermittently mining late randomly in relation to the round. If they intermittently mine early, they are golden Ha I know you are joking, but some people in this thread may not understand the humor, so I corrected it.
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just did a Google and forum search for "far enough" with or without PPLNS and did find anything, you are coining this "far enough". it was a joke. You said "AFAIK".. As Far As I Know. Thats why I said you didnt know "far enough" BTW, mining prop the same way will do the same thing? Mining 24/7 on PPLNS is better than prop, but that is not what I said. Occasional mining on PPLNS and Prop are the same so bitlc should stay the same unless it want to be a much smaller inflexible pool than it is now.
They are only "the same" (as in, same average reward) if no one hops the prop pool. Since bitlc is being hopped extensively, both 24/7 and intermittent miners are losing 20% compared to hop proof payout schemes.
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