Missed us? Not a Bitcoin miner (yet), but the world most efficient X11 miner, by a considerable factor. Since the forum rules prohibit postings about Alts miners, the discussion will be here: https://bitcointalk.org/index.php?topic=5008806.new#newI hope the mods won't delete this post. Guy
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And we're back Spondoolies-Tech people reunited and formed Spondoolies Ltd. We developed the most efficient X11 miner in the world, by a considerable factor. https://www.spondoolies-tech.com/products/spx36The machine is real, the spec is verified. Delivery in October. Guy
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AdEx: A Decentralized Ad Exchange
Good luck to AdEx team. I know the team very well and I am very excited about this project. Guy
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Ah, well, thanks. Maybe, they should have asked more of your advice. It (bancor) is being criticized, justly or unjustly. Good luck with whatever you do these days.
Thanks
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resuscitating this thread for a sec. Guy was listed as a blockchain advisor for Bancor-they raised $159 mil in 2 hr, congrats! One controversy was that they had a hidden cap of 250 thou ethers, but summoned this cap by sending a tx which got stuck, so they overshot the mark quite a bit. While it is good for those extras who got in, but might be considered as an unnecessary dilution from a point if view of those who got in as intended (by 250 thou or about 2hr). I am curious, Guy, who came up with an idea to use just 100 Gwei price for that pivotal tx? It seems that it was almost designed to get stuck just a little . It wouldn't if Bancor would have given it more juice (200 or even 1000 Gwei-a 1000 would still cost less than $100 for that stopping tx. Mind you, i don't really care, but some people are talking harshly about this mishap. Comments? My involvement in Bancor was minimal and my appointment as an advisor was a surprise to me. I helped them a bit along the way, but I'm not really part of the team. Nothing was offered to me, I didn't ask anything and I'm not expecting anything. I am always helping when asked, it's a conscious decision I made awhile back. I know the team, they have many years experience in various startups and I'm sure they will deliver great product and great platform. I don't know the answer to the specific question, I think it was designed to allow more "democratic" and fairness for small participants vs other ICOs.
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I think all those attacks (ASICBoost, leaked chats, AntBleed) are harmful to Bitcoin and the ecosystem. They are not productive towards a peaceful resolution to the conflict. Guy
Also trying to change the rules of a system as a miner (aka no technical skills and pretending to control stuff when in fact you are just providing a service) for own well-being is bad for the ecosystem, but that is more subtle than the ones you have mentioned and they are easily ignored. I think this is an over simplified presentation of the current situation. Another simplified(!) presentation will be: Bitmain and other big blockers in the eco-system are opposing the consensus change that SegWit is bringing, without additional measures to ensure future growth of layer 1. Bitmain is being attacked into submission. We need to find a path forward. Those attacks don't help.
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Saw the AntBleed pseudo-drama and BitmainTech reply makes total sense to me: https://blog.bitmain.com/en/antminer-firmware-update-april-2017/We had reporting capabilities with myminer.io infrastructure as well. We didn't implement a kill switch. I believe their version. They started to develop it and didn't finish. They shouldn't have the left over code remaining in the git repo. On a side note, $0.5M worth of SP20s gear were stolen from us as well, so I understand the motivation. I think all those attacks (ASICBoost, leaked chats, AntBleed) are harmful to Bitcoin and the ecosystem. They are not productive towards a peaceful resolution to the conflict. Guy
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It's a scam and scam site
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PSA: We released the following miners only when we were operational: SP10, SP20, SP30, SP31 and SP35. If you see anything else offered online, it's a scam. We designed but never completed the SP50.
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I have been told that an attack has been found on Cuckoo hash recently (trading memory for more work). I didn't look into it.
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I feel like people have no concept of what segwit or asicboost actually is....they just see some reddit post demonizing it and fall in line when they really dont have a clue what it does or how it affects things. Everyone is so focused on calling bitmain the devil they dont care about the truth. Its like burning someone for being a witch back in the day...there was no basis in reality for any of the claims levied against people yet they still burned because the unintelligent masses would gather in mindless mobs and parrot what one or two loudmouths would say until everyone believed it to be true.
+1 Lulz, so since joining Bitmain, you've been dumbed down to a '+1' level poster who knows nothing about what his company is actually doing? Why not provide some information? Or you don't know what your company is doing so you shouldn't be posting at all? You should also update your sig, you don't work for spondoolies The original firmware of the early S9, before they were sold to the public, included a change to the stratum protocol to support the document I posted in the S9 thread. https://bitcointalk.org/index.php?topic=1493601.msg15634328#msg15634328The S9 didn't work on ckpool due to a stratum connection mode incompatibility. Yes pre-sale S9s were tested on ckpool. They 'modified' the stratum change so it works without failing to connect to ckpool. Of course as mentioned above, this is verified here also: https://blog.bitmain.com/en/regarding-recent-allegations-smear-campaigns/If they were using the 'Overt' method, you'd see it in the block headers. If they were using the 'Covert' method, it would mean a power saving, so not a direct hash rate increase of each miner, but an overall hash rate increase due to more available power. Most likely they are using the 'Covert' method. Their blog pretty much implies it by not denying it, and confirming it's in their miners, and saying they have paid for the rights for it in china. 1) I never joined BitmainTech 2) They are not using the covert method 3) Not interested in getting into an argument with you
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Thanks for that Guy. I wasn't convinced they were using it anyway but that adds much useful data. They are not. They didn't even know about the covert method Gmaxwell found out until he published. They did careful analysis afterwards of what needed, and got to the conclusion that they will need to tapeout custom 130nm and add it to the miner board to support this method. Which makes their violent reaction to a BIP proposal that makes asicboost not work somewhat baffling. I guess they were more objecting to the intent in the move's aggression rather than the actual BIP, but it made most of the community convinced they were using it covertly. so let me understand: asicboost essentially is an added logicgate at chiplevel that determines whether a specific nonce is worth hashing, and if not, the chip doesnt do any other work for that cycle (hence the savings). So its not any faster at mining, it just saves some power?? if thats the case, it actually serves to decentralize mining by making minimal savings for the big (cheap-power) miners but significant savings for smaller miners who have more expensive electricity. ie: someone paying $0.03/kwh saves maybe $5/month, while someone paying $0.10/kwh saves $15/month No, your description of AB is completely wrong. Please research online, there are enough resources these days.
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Thanks for that Guy. I wasn't convinced they were using it anyway but that adds much useful data. They are not. They didn't even know about the covert method Gmaxwell found out until he published. They did careful analysis afterwards of what needed, and got to the conclusion that they will need to tapeout custom 130nm and add it to the miner board to support this method. Which makes their violent reaction to a BIP proposal that makes asicboost not work somewhat baffling. I guess they were more objecting to the intent in the move's aggression rather than the actual BIP, but it made most of the community convinced they were using it covertly. Try to read the BIP proposal from their perspective. They distrust and dislike the author. He makes bogus inflated claims. The entire community believes they hold unfair advantage. I hardly blame them. Yes, their PR is awful.
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Thanks for that Guy. I wasn't convinced they were using it anyway but that adds much useful data. They are not. They didn't even know about the covert method Gmaxwell found out until he published. They did careful analysis afterwards of what needed, and got to the conclusion that they will need to tapeout custom 130nm and add it to the miner board to support this method.
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