I'd also prefer if you stayed as Atlas, really. We have very different opinions, but you are very intelligent. Honestly, the thought that you were 17 never even crossed my mind, as even though you do have your immature moments, you sure know how to formulate your opinions in a concrete way. You're certainly very knowledgeable for your age, and I doubt most people see your age as a problem.
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While not the exact same, TripleMining has a system that is something like this. A jackpot is handed out every week. All active miners are basically given one "ticket". Everyone has the same chance to win, so the whole share thing is not there, and it's only once per week. (although it's going to be a big, big jackpot when the pool gets bigger)
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"What next Charlie? Gonna help London PD put up MORE CCTV cameras? DO commercials for the BBC telling people that they should get their flu shot. I want every penny back that I donated to you!!!!!!!!!!"
Just gotta love these paranoid conspiracy nuts.
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Keeping the bet a secret won't work with this system, as anyone can look up the payment address in Block Explorer.
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It's hard to say whether anarchism and communism are alike, because there are different flavors of both ideologies. For example, there is anarcho-capitalism, which doesn't really work too well with communist ideals.
However, excluding sub-ideologies like anarcho-capitalism, anarchism and communism are very much alike. I feel followers of both ideologies usually want to achieve the same goal, but for different reasons.
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All services and goods should be provided collectively.
That's the only way to have a truly classless society.
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If you don't know where this is from, you haven't lived.
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people are watching and examining deepbit like hawks, I doubt deepbit will do anything fraudulent. Plus why would any established pool destroy their own investment by destabilizing bitcoin network? the reward is tiny vs the potential loss. What we need to watch for is if any non-established source has control of hash power over 50%.
But what if someone hacks deepbit and gains control of the pool?
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Yeah, because that's not illegal in almost all decently internet connected countries of the world.
Where's a mod when you need one? If we're not supposed to discuss illegal activities then this one needs at least a warning if not an outright ban.
http://www.merriam-webster.com/dictionary/joke"something said or done to provoke laughter; especially : a brief oral narrative with a climactic humorous twist"
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Invite received. Thank you!
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I have been getting requests from people to ask me to set up a more score based system, against pool hopping.... Not sure what to do here ...
I'll step out of the shadows and reveal myself. Personally, I'm committed to Triple Mining. I think its a fun pool design, friendly members and has a great community feel. Assuming the pool doesn't go down, I don't want to mine anywhere else. That said, I don't want to have lower earnings because I'm not pool hopping on slower rounds like others are. It is my feeling that those who are committed to mining with Triple Mining should receive the highest payouts; but I honestly have no idea how this could be fairly achieved. Would a score based system or some other incentive to stick with Triple Mining make it more difficult to attract new people to the pool? I don't know. But honestly, I'd prefer to be part of a smaller dedicated group of miners rather than a bunch of pool hoppers. Am I alone in this? I agree, but the pool is growing quickly and soon this won't be a problem anymore.
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It's proportional. Seeing as we're having an unlucky round, rewards will only decrease as more hashing power is added to the pool. The pool has grown a lot during this round.
Err sure..however, for example, I have just swapped back over to bitcoins.lc after not mining there for some time to test my theory, and already my estimated earnings after just an hour of mining is 0.38693534 BTC / 24h. And their pool size is 664.68 Ghash/s. Something's not right here.. There's nothing wrong. Bitcoins.lc is a large pool, the pool does not grow enough in a single round for there to be much variance because their rounds are so short. This round has been going so long, and it had time to grow a lot during that round, meaning the block has to be distributed among more and more people. It's simply an unlucky round.
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Hmm, is this location dependant? I am in the UK, close to Belgium, and I haven't had a single disconnect since I joined near the inception.
I live in Sweden, and I've never had a disconnect either. I think we may be onto something.
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Why would you try to buy all the bitcoins from one person, when you can start a new chain?
You may not have the required knowledge.
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If one person owned them all. They would not be in circulation and they would be useless. Their real value is in the way that they can be used.
One person owning all the coins does not mean there is not any demand for them. One person may own them all, but everyone in the world could want some of those coins, meaning they are willing to buy them, giving them value. But if no one wanted them, then yes, they would be worthless.
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Why would they be worthless if one person owned all of them?
Sorry, I'm not big on economics.
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At the moment, no. http://tvori.info/bitcoin/charts/However, at the next difficulty reset (for Namecoin) it will be much more profitable, but only for a short while. Everyone will switch to Namecoin when they realize it's more profitable again, and since these people are likely to sell right away, price will go down, and difficulty will go way, way up. This is basically what happened before as well.
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This discussion are pretty much useless, because you always have to trust that the things you download isn't malicious. The only thing you can do to make sure it's safe is to check the code, or send a small donation to someone (like 0.000001BTC) after each update and confirm in the client that it goes to the address you specified and nothing else. This is exactly my point. Everything can be malicious, and you can even easily check beforehand whether it is malicious or not. Anything you download could steal your wallet or send all your bitcoins away, yet people are treating this specific browser extension like the plague.
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Whatever the motives are for the nay-sayers, be they genuinely concerned, or having some other reason, the proof of the pudding is in the eating. For me, much less stale shares, an admin who takes it upon himself to implement feedback suggestions and offer different angles (jackpots, pool challenges, rewards, etc) can all be judged by the miner for themselves. Reading about all of the supposed pros and cons of triplemining gave me a headache - and I would consider myself fairly savvy. For the newcomers, simply try it out for yourself and compare it to the other pools in terms of BTC earned, stale shares, community feel, and intuition.
I couldn't agree more.
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Hey guys anyone else notice anything odd with their earnings estimates? Current round has been going for 69 hours and my estimated reward is only 0.57215229 BTC even though Ive been mining pretty well constantly @ 630 MHash/s since the round started It's proportional. Seeing as we're having an unlucky round, rewards will only decrease as more hashing power is added to the pool. The pool has grown a lot during this round.
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