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1141  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 21, 2016, 12:39:28 PM
Hello, I want to ask if someone could tell me what speed can earn this card:
http://www.newegg.com/Product/Product.aspx?Item=N82E16814131673

In your opinion is it suitable for digging ethers ?

Thanks in advance Grin

I haven't seen the hash rate yet, but the 380 is much slower than both the 380x and the 280x. One of the reasons is a lower mem bandwidth, that matters to eth mining.

Used 7970/280x/290/290x are much better and cheaper options. If you want water cooled you might want to look for a used 295x2, that's a beast.

Just buy ETH is probably the best answer to what's the best card for mining ETH. Can my new card help secure the Ethereum network and pay for itself in time to still be able to play new games and ROI at the same time is a better question?

That's a good point.

If you want a new gaming card you can just buy the one you want and justify it with getting a bit back by eth mining.
1142  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 12:32:44 PM

TIMBER!
1143  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 12:06:34 PM

MP is just way more relevant to bitcoin and its ecosystem that you and your classic wannabes will ever be.

And it is certain the reference bitcoin implementation they produced will not comprise any hard fork material besides the keccak algochange should the roundtable of powerrangers and their miners besties take a step further into highjacking bitcoin for their own interest.

What brand of stupid are these people?

"Some crypto enthusiasts have gotten the notion that they'll decruft the Satoshi codebase. This is where they polish the turd."

It reads as if they themselves are "decrufting" the Satoshi codebase. And that they themselves think it's shit.

I thought this site was a bad joke at first. It sort of still is, but a different flavour.
1144  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 08:49:18 AM
Shmadz, BJA: to comment on double spend risks. You both seem to have missed some details.

Yeah, but China has ~75% hashpower, not 50%.  winning three bets in a row with 75% odds is a 42% chance, a heluva lot higher than 6.25%

If you have 75% of the hashrate, your success rate with double-spends is 100%, since you are guaranteed to be building the longest chain. Sure, 25% of the blocks will not be built by you, but you have the power to discard those from the blockchain. I'd guess a double-spend in this kind of scenario would probably be best achieved by willingly orphaning the blocks containing the tx  you want to re-spend. So the situation, if you assume Chinese miners are all in collusion, is actually worse than BJA is saying.

OTOH, honest miners aren't the only protection against double spends. simple race attacks can be detected by any sufficiently connected node. That won't help against dishonest miners, but the kind of attack a majoroty miner could pull off seems pretty problematic in terms of financial gains. The attack would be detected too quickly for the miner to exchange their BTC for other assets and take delivery of said assets, so any profits would be counted in BTC. And what do yout think happens to the BTC price if a majority miner goes rogue?


Chinese miners are among the bitcoin businesses who have the most to fear from a 51% attack. All their income is denominated in BTC.

But if the chinese government turns hostile and starts telling them what to do it could turn ugly quick.

I am very curious if any of them have an official political minder from the party on their payroll. If so, then it could be very difficult to avoid taking part in an attack.

Hmmmm, there was a good interview with a guy who had been talking with Chinese miners, and mentioned that the Chinese miners are running into a diminishing returns problem where if they control too much of the market, when they add hash power they are competing against themselves.

David Johnston, it's in the first 15 minutes. https://letstalkbitcoin.com/blog/post/the-crypto-show-with-dapps-david-johnston-and-the-breaking-live-fbi-siege-in-burns-oregon

Sure, but they can't form a cartel, 'cause then someone else will just whoop their asses. In this way Bitcoin is pure, although brutal.
1145  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 07:51:40 AM
Shmadz, BJA: to comment on double spend risks. You both seem to have missed some details.

Yeah, but China has ~75% hashpower, not 50%.  winning three bets in a row with 75% odds is a 42% chance, a heluva lot higher than 6.25%

If you have 75% of the hashrate, your success rate with double-spends is 100%, since you are guaranteed to be building the longest chain. Sure, 25% of the blocks will not be built by you, but you have the power to discard those from the blockchain. I'd guess a double-spend in this kind of scenario would probably be best achieved by willingly orphaning the blocks containing the tx  you want to re-spend. So the situation, if you assume Chinese miners are all in collusion, is actually worse than BJA is saying.

OTOH, honest miners aren't the only protection against double spends. simple race attacks can be detected by any sufficiently connected node. That won't help against dishonest miners, but the kind of attack a majoroty miner could pull off seems pretty problematic in terms of financial gains. The attack would be detected too quickly for the miner to exchange their BTC for other assets and take delivery of said assets, so any profits would be counted in BTC. And what do yout think happens to the BTC price if a majority miner goes rogue?


Chinese miners are among the bitcoin businesses who have the most to fear from a 51% attack. All their income is denominated in BTC.

But if the chinese government turns hostile and starts telling them what to do it could turn ugly quick.

I am very curious if any of them have an official political minder from the party on their payroll. If so, then it could be very difficult to avoid taking part in an attack.
1146  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 07:22:42 AM
make note of anyone loudly expressing frustration with this agreement and actively trying to stop it

its likely they are stupid.

FFS

We'll see. I have a feeling you'll be screaming from the rooftops in a few months.
1147  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 12:59:54 AM
^So much evil in the heart of one man. How? Cry

Fat people have enlarged hearts.

Interesting.
How do they have so much darkness in their souls tho?

Well, the idea that the fat person is fat because he/she is a fat lazy bastard is foreign to the fat person. So to make sense of the fact that he/she is in fact fat he/she starts blaming the world.

* I am not referring to the fat person as he/she of PC reasons. It's just very hard to tell sometimes.

I appreciate the fact you totally discount the possibility of genetic causes. Me too! I think it's important to instantly shift blame onto the individual. Shame is a godly virtue and a powerful motivator.

We are lutherans where I come from. We would feel lost without it.
1148  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 12:54:30 AM
^So much evil in the heart of one man. How? Cry

Fat people have enlarged hearts.

Interesting.
How do they have so much darkness in their souls tho?

Well, the idea that the fat person is fat because he/she is a fat lazy bastard is foreign to the fat person. So to make sense of the fact that he/she is in fact fat he/she starts blaming the world.

* I am not referring to the fat person as he/she of PC reasons. It's just very hard to tell sometimes.
1149  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 12:40:51 AM
^So much evil in the heart of one man. How? Cry

Fat people have enlarged hearts.
1150  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 12:38:00 AM
This hard-fork is expected to include features which are currently being discussed within technical communities, including an increase in the non-witness data to be around 2 MB, with the total size no more than 4 MB, and will only be adopted with broad support across the entire Bitcoin community.

    SegWit is expected to be released in April 2016.
    The code for the hard-fork will therefore be available by July 2016.
    If there is strong community support, the hard-fork activation will likely happen around July 2017.

So if someone started a purely classic/xt pool and got more than 5% hashing power...

Exactly. If someone ran a purely classic/xt pool and got more than 5% hashing power they should be able to single-handedly prevent any future hard fork of the bitcoin consensus protocol.

Why do you think there has been no changes to TCP/IP in the last 20 years? Why do you think IPV6 still has less than 1% implementation?

Changes to consensus protocol are not easy, nor should they be.

Nor am I.....

Muahahahahahaaaaa!!!!!!
1151  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 12:31:24 AM

You gotta trust somebody Sad
Right. with bitcoin I need to trust the integrity of the blockchain, that the record has not been tampered with. I can verify this myself, and I can cross-verify with several thousand other nodes across the network.

In a fiat transaction I need to trust the government and central bank, which do not have a great track record over the last hundred years. When was the last time the federal reserve was audited?

Again, you can verify your bitcoin on the blockchain all you want, but
Quote
... a transaction is not simply sending the money in one direction. A transaction is only complete when the stuff you paid for arrives at your door. Shit ain't trustless if you want to buy a car from me, you send me your trustless money, and I take your money & show you my middle finger. You get no car. What now?
Bitcoin is solving only one half of the trust equation, the half I never had trouble with in fiat. My bank never stole any of my money, and, what's more, my CC *lends me money at zero interest, to use, for free Shocked Does Bitcoin lend you money?
Oh, and my parents' money was also never stolen by their bank. We're a lucky bunch Smiley

As far as auditing federal reserve, I never even audited Bitcoin software, and shit's open source. And BTC goes missing all the time, think Gox. If my bank runs away with my money, gets haxxored, or loses $$$ due to malleability, my account is FDIC insured, so I'm good Smiley

Does FDIC have sufficient reserves to ensure everyone's money?

What about if I live in cypress? Or Greece?

Cypress is in Texas, so he's good.
1152  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 12:29:17 AM
This hard-fork is expected to include features which are currently being discussed within technical communities, including an increase in the non-witness data to be around 2 MB, with the total size no more than 4 MB, and will only be adopted with broad support across the entire Bitcoin community.

    SegWit is expected to be released in April 2016.
    The code for the hard-fork will therefore be available by July 2016.
    If there is strong community support, the hard-fork activation will likely happen around July 2017.

So if someone started a purely classic/xt pool and got more than 5% hashing power...

I see an opportunity.

PiratePool
1153  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 21, 2016, 12:26:49 AM

Bid side on polo is looking very strong.

If this frecker starts moving it can move a lot.

Hold on to your hats boys and girls!

It did not work on last run, drop again. But maybe this time it will stick.

It may very well drop. If that massive arrangement of walls drop then....poof!!

As long as there is no confirmed direction anything can happen.

Before I saw the bid side I was pretty sure we were heading down to sub 0.005.

Anything inside the recent range (0.009-0.0115) is probably just noise.
1154  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 12:12:19 AM
^^Hero member woot. Congrats gifs incoming! Hold please...

Three cheers for Fatty!!!

Thx!



"Dididadadududadadididadadududada.....burrrggrrrrssss!!!!"

Only 1MB required? You a spy, Fatty? Shocked Roll Eyes Angry

I was young and foolish.
1155  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 12:08:46 AM
Heroic Fatman in motion:

So elegant, so powerful.

That's amazing! You can even see which fold I hid my dick in.
1156  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 12:06:20 AM


Get fat or go home. Congrats Chubs. You deserve this^

Doesn't really look like she needs me.

Nor will I need much once I get my Oculus.

VirtualRealPorn.com takes Bitcoin.
1157  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 12:03:51 AM
^^Hero member woot. Congrats gifs incoming! Hold please...

Three cheers for Fatty!!!



Thx!



"Dididadadududadadididadadududada.....burrrggrrrrssss!!!!"
1158  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2016, 11:53:52 PM
Ya. I can barely understand Bitcoin. Embarrassed

I think the clue is to write angrily as if you know something and be very upset when others disagree with you.

1159  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2016, 11:34:53 PM
...
Few people decide the future of 'Bitcoin'.... really decentralized , right ?

An unregulated currency money, created by & for people united by their unwavering faith in greed being a virtue?

What could possibly go wrong???

That's proof of stake, silly.

Proof of work is serious business, dontcha know?

There's a Russian book about NEP (1920s, after the revolution -- corrupt Soviet privatization program), and, just like today, there were shell corporations which served as facades for whatever_was_really_making_money. Anyhow, in this book they ran a firm called "Horns & Hooves," which had nothing to do with horns or hooves. In the back room, there were two barrels, a length of hose, and a hired boy. The boy's job was to put a full barrel up on the table, connect it with the length of a hose to the empty barrel below, and let the water gravity-siphon into the empty barrel. Once that was done, he simply moved the full barrel onto the table, the [now] empty one to the floor, and repeat the process ad infinitum.
Work.

If you are VButerin I will literally shit myself.
1160  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 20, 2016, 11:28:30 PM

Ok, according to this: http://ethereum.stackexchange.com/questions/874/what-is-the-set-number-of-ether-in-existence-during-pow-and-then-pos

it's Q4 2016.

Anyhew, a fresh video interview with Vlad Zamfir: https://www.youtube.com/watch?v=StMBdBfwn8c

Edit: This interview seems to suggest that you'll need much more than 1500 eth to mine PoS. He is suggesting as low as 100 validators.
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