Cool I'll also make a bid here "I bid 0.02 BTC" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I use their wallet as well it tends to be reliable most of the time (Sometimes it has updates but that balance is more less secure its just a pain to use that said you do have the wallet dat from day one so can just use that lol)
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The prospects for the home miner is not good. Centralization is increasing along with the infrastructure requirement (case & point - SP50). I think we will see a rise in the private funding of mining cooperatives or mining royalty trusts. KNC I believe is no longer selling to the public and I think Bitfury followed the same path.
Thanks I was presuming the same, I was considering the natural consequences of listing Bitcoin miners to Stock exchanges to services such as cloud-mining and the sort as wizard said when net profit is $10,000 it makes me wonder how those shares will make any profit for shareholders. Although the market will adjust and people will place short positions if they really can't perform. It may be a pattern in the future that the new Home-Miner is a stock holder in a central miner but the evidence of that is not quite apparent yet. Before anyone gets too excited about a gross profit of $431,000 note that it is Gross Profit. Gross Profit ignores such things as salaries, wages, rent, interest, advertising and everything else involved in the overheads of running a business. From their prospectus the actual Net profit after tax for FY2015 was just AU$10,000. That said they did a good job in a market of declining profits to keep a net positive balance with 1.8% of the network at least according to the stats on their webpage. The prospects for the home miner is not good. Centralization is increasing along with the infrastructure requirement (case & point - SP50). I think we will see a rise in the private funding of mining cooperatives or mining royalty trusts. KNC I believe is no longer selling to the public and I think Bitfury followed the same path.
I think the year for home miner will have some, but lower and lower machines for just home on 110/120. A quick question there I know 220/240 is cheaper electricity but would that mean most North American users would need to use converters on 110/120 lines presuming home mining goes the route of building units that cannot transform electrictity voltages both ways?
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To my knowledge the main mining choices for home-users at present are Antminters. I was wondering what options may be coming out in the near-mid term future for home miners and which current generation miners would benefit the most from liquid cooling to increase their efficiencies using 3M's liquid cooling technology or similar tech. I'm mostly curious because of some Big IPO's like Bank to The Future funding government approved Bitcoin mines in Australia and whether home mining will be competitive up to the next Bitcoin halving. http://insidebitcoins.com/news/bnktothefuture-becomes-first-company-to-launch-bitcoin-mining-ipo-in-australia/35434In case people wanted more information excrypt below. Bitcoin Group Limited (ASX code BCG) has received Australian Securities and Investment Commission (ASIC) approval on 4 September for an AU$20 million public offer, with a proposed listing on the Australian Securities Exchange (ASX) scheduled for 11 November 2015. Registered on 4 September 2014, the company has turned a gross profit of AU$431,000 for FY2015 after establishing its first mining operation in January this year. The world’s first Bitcoin industry IPO offers retail and institutional investors a 60.7% share of Bitcoin Group’s profitable mining operation to create a truly public Bitcoin company. With 8.6% and 30.7% retained by the cofounders and existing shareholders, respectively. The proposed IPO is on track to be oversubscribed with Bitcoin Group having already reached its minimum capital raising target. Considering this demand, Bitcoin Group is limiting its ASX BookBuild to AU$2 million. Approximately 90% of proceeds raised from the IPO will go towards expanding Bitcoin mining’s operations and meeting the costs of its existing activities. The remaining 10% of capital will cover expenses associated with salaries, sales commissions, listing fees and marketing. http://www.bitcoingroup.com.au/bitcoin-mining-set-to-go-for-world-first-ipo/https://bnktothefuture.com/pitches/2421/_spv-to-invest-in-bitcoin-group-the-world-s-first-bitcoin-mining-ipo.html
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The service has not launched yet as far as I know.
This is something I would consider seeing as its tied in with CoinBase who, from the looks of things, has good security and who offers insurance on your bitcoin. Not sure I will dump everything I have there though but could be a nice add-on for some coins.
Wonder how they are going to generate the interest they plan on paying on the 'savings'. Guess the funds stored with them will be given out on loans and or investments. Will give it a go once it launches.
That is my main question as well, as far as I know the only way to make interest on Bitcoins is to invest them or the equivilent value, then to use the coins to provide loans denominated in Bitcoin as far as I am aware and act similar to a bank. (Could see it being a lending source for something like fund managers who want to trade on Gemini) That said it's still a while to go on this $400,000 will go a ways to launching it though and it's always good to see more venture capital put into Bitcoin.
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Congratulations to our 1,000,000th dice roller - 562607
Hehe it is me. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) I created a new account for it (to make tracking of my sports betting profit/loss on my main account easier) after reading the announcement post, deposited 0.01, waited for a while, started the bot when bet ID went over 999850 and boom I got the 1000000th bet in 10 seconds. Thanks a lot for the 1 btc. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Belated congrats on your prize as well. And smart strategy the bot was able to get it for you. Also congrats to Nitro for their 1000000th bet.
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I think stock exchange one can make money in the long run but in gambling most likely every one will lose money. What you guys think?
A stock exchange is a risk but unlike gambling there is a likelihood of guaranteed return if a stock has dividends, Blue-Chips tend to run for years without issues while volatile assets mean high returns and risks. So in the long run it would be far more likely to have a positive gain in stocks than one in gambling if invested properly.
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Looking at tradeblock and presuming 125 GH is overclocked and I converted joules correctly (0.16*125 = 20 Joules --> 0.0555 ish watt hours (I am pretty sure I botched that part, but watts aside it looks like no break-even according to tradeblock unless I really push that exchange rate up) Thanks that helped a lot not sure how to convert that into a Solo-Mine pot shot but if its neg here it really must be low ended odd wise. https://tradeblock.com/bitcoin/mining/a/VQ8brmvsJDddNR7YjcgEF5
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A tiny Regina bitcoin startup, Dominion Bitcoin Mining Co., says it has been “exonerated” after facing allegations from Saskatchewan’s securities regulator last year that it was soliciting investors without the proper paperwork. In a decision dated Oct. 22, a three-member panel of the province’s Financial and Consumer Affairs Authority (FCAA) ruled that no trading or other breaches of Saskatchewan’s Securities Act occurred. “It is the determination of the Panel that, notwithstanding the initially apparent validity of the allegations of the FCAA Staff, an offering of shares did not at material times exist, and the parties did not individually or collectively engage in any acts in furtherance of trading or in any breach of the provisions of the Act,” the decision reads. ... Jason Dearborn, a former Saskatchewan party MLA and a co-founder of the company, said he plans to sue the Saskatchewan regulator for libel for making the allegations. He also says he is pursuing other legal action for alleged violations of the Charter of Rights and Freedoms that he says took place during interviews with investigators. He also alleges his company’s website was accessible to investigators only because it had been hacked. “These guys are just absolutely ridiculous,” he said of Saskatchewan’s securities regulator. “ ... This is just a Mickey Mouse organization.” He said Dominion’s plans to mine bitcoins, and engage in bitcoin trading are still under development but that it would probably not do any business in Saskatchewan. However, he said the company has continued to mine bitcoin in the meantime. But Mr. Dearborn said Dominion had not sought out any external investors, and that it would operate in full compliance with securities laws. http://www.theglobeandmail.com/report-on-business/industry-news/the-law-page/regina-bitcoin-startup-exonerated/article26963085/
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London based BSAVE introduces a new platform that enables users to profit directly from their dormant bitcoins and offers a profitable saving solution that suits both short-term and long-term savers. BSAVE users begin to accrue competitive interest within the first minute of transferring Bitcoins to their BSAVE savings account. Daily interest is automatically credited to the users Coinbase wallet at the end of each 24H period. The full amount of Bitcoins is available if the user wishes to withdraw funds with no financial penalties. BSAVE offers a simple, secure and hassle free way of saving. BSAVE managed to secure a successful round of funding, raising over $400 000 in seed capital. BSAVE offers daily variable interest rate payments calculated using sophisticated mathematical algorithms reflecting both the size of the balance and the time spent in the saving account. BSave platform displays a prime widget showing at a glance the live projection of users’ daily return. The projection change in sync with the performance of the margin loan market, keeping you up to date and allowing users to make decisions based on relevant information. Read more: http://www.digitaljournal.com/pr/2713526#ixzz3peqTmqsdhttp://insidebitcoins.com/news/bsave-raises-400000-in-seed-capital/35467
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Weedmaps founder CEO Justin Hartfield does not think Bitcoin will help to grow the legal marijuana industry, a claim contrary to what many in the Bitcoin space claim. Weedmaps, the online legal marijuana community, allows users to review and discuss cannabis strains and local dispensaries. The website garners two million monthly visitors with annual revenue of approximately $18 million. Widely considered the industry leading website, Weedmaps founder CEO Justin Hartfield has a unique point of view on the industry. Hartfield recently told CCN that he does not believe Bitcoin will help the cannabis industry. “Here’s the thing - say you sell a bunch of weed, and your customers pay you in Bitcoin,” Hartfield told CCN. “How the heck are you gonna cash out millions of digital coins into tens of millions of United States Dollars? We need this multi-billion dollar industry out of the shadows and into the light and banking is the first crucial step to that maturation,” he adds. The comments contradict what many in the Bitcoin industry have publicly stated. For instance, Trees CEO Marshall Hayner recently told CCN that Bitcoin is exactly what the marijuana industry needs, though the industry might not be primed. “The industry is about $2.5 billion dollars, and there is not a single banking partner in sight,” Hayner said at Coin Congress 2015 in San Francisco. Hayner had big predictions for the marijuana industry. "Big tobacco is about $35 billion per year. It's looking like cannabis will be $10 billion by early next year," he said. Although Hayner expressed an overall opinion that the marijuana industry will need Bitcoin, he doesn't' believe the time is now. The Trees CEO said: “Bitcoin is just a technology, but in its early phase, it is still too nascent to ask for the cannabis industry to adopt.” https://www.cryptocoinsnews.com/weedmaps-bitcoin-marijuana/
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I'll give it a try this period then thanks for clarifying Signing Up:
a. User ID 10623 b. Bitcointalk.org EternalwingsofGod c. Bitcointalk.org Total Post Count 888 d. Bitcointalk.org Forum Rank Hero e. Bitcoin Address that you have used to sign up 12Ui3ssnJK71akxAgvVM3WtLa2EHidT3Xn
Bitcoin Discussion 164 Politics & Society 89 Economics 80 Speculation 78 Gambling 59 Securities 59 Services 52 Press 46 Mining speculation 42 Off-topic 39
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Thinking about it wanted to put some life into this thread - Was wondering if we could put user generated bets in this thread instead of a new gambling thread for bets as it seems like an appropriate use of the gambling section.
this was unnessesery Looking up your posts I would disagree mate and it's a fair question they wanted to know if they should just open up gambling threads or not. https://bitcointalk.org/index.php?action=profile;u=443438;sa=showPosts;start=40
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Middle of night bitwisdom, it shows it even lower. Could be a fluke though. Bitcoin Difficulty: 60,883,825,480 Estimated Next Difficulty: 61,612,457,552 (+1.20%) Adjust time: After 739 Blocks, About 5.1 days Hashrate(?): 449,228,961 GH/s Price over 279 we are close to 280.... don't know if it will happen or not. I suspect in 280's some walls of autosells we need to get down before it becomes stable: http://www.coindesk.com/price/It depends on whether the market wants to test the next area around $290 Given that it's been holding and slowly rising we might see that level shore up support for the $300 test, it doesn't seem to be affecting mining significantly though as difficulty is predicted at +2% and were still waiting on units to ship. Bitcoin Difficulty: 60,883,825,480 Estimated Next Difficulty: 62,106,690,263 (+2.01%) Adjust time: After 629 Blocks, About 4.3 days Hashrate(?): 449,130,984 GH/s
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a. User ID in www.cloudmining.website: 10043 b. Bitcointalk.org User Name: cryptopaths c. Bitcointalk.org Total Post Count: 634 d. Bitcointalk.org Forum Rank: Hero Member e. Bitcoin Address that you have used to sign up in www.cloudmining.website: 1Dwh2wvkWXMTtdCsd3kqu8wTfYkW3Ye8AU Current post count: 636 Participant did not reach the required amount of post to get paid for this campaign period. Campaign will continue as usual. New campaign period is October 19, 2015 to November 1, 2015. Campaign details is in the OP. Participants may apply below... I'm a bit interested in this campaign but wanted to check on something, so it is 50 posts bi-weekly and five new threads with 2 under mining. Also is there rollover or is it 50 posts consistently every two weeks. 4. You need to create at least 5 topic during the campaign period. 2 under Mining forum/sub-forum and 3 under 3 separate forum/sub-forum.
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The output transaction has nothing to do with better's input transactions.
Thanks I'm satisfied it was resolved just wanted to make sure I wasn't off on it since it had some bonus that didn't send to my address It's small anyways so not a big deal as long as it's working Thanks
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That is strange if you look at the screenshot I posted it skipped bet 7664 in bet lookup which is what must have messed me up so thanks for clarifying that. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs14.postimg.org%2Fvup0b5eep%2FRecent_Bet_Lookup.png&t=663&c=8y3bNQoj-4qJrw) That said I looked at it on the webpage and now can see a confirmed address under https://blockchain.info/tx/16d66a2087ef62bf515d48543f7564096f0f1b14e93d21c7655916b8c86903d2/However the matching TX ID IS INCORRECT The child output of my transaction was sent to 1Q and 1G which are addresses I do not control with 1Q belonging to the other bettor on the site and 1G being an unknown relation https://blockchain.info/tree/106521051![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs27.postimg.org%2Fyh234ljtr%2FTree.jpg&t=663&c=5AEI2oqFFKU1lw) The link you posted has no child transactions that relate to my input and both change addresses are originated from the bronze sending address and not the platinum line. https://blockchain.info/tree/107136830Which is why I'm still in a state of confustion over the matching ID on the page. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs21.postimg.org%2F5gr06sncj%2FMissing_Child.jpg&t=663&c=JrYNnlz3jn99hA) That said it seems that the inital bet was a loss at 0x multiplier so I guess I'm looking at change from the bonus and the corresponding address Thanks for keeping up with it so far though it seems to be an interesting chain.
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This one was neat, its almost at 0
Bitcoin Difficulty: 60,883,825,480 Estimated Next Difficulty: 60,879,046,945 (-0.01%) Adjust time: After 1485 Blocks, About 10.2 days Hashrate(?): 438,044,039 GH/s Block Generation Time(?): 1 block: 9.9 minutes
3 blocks: 29.6 minutes
6 blocks: 59.3 minutes Updated:
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The daemon played your bet randomly with other pending bets. And there is no option o our website where you can input your address to display all your bets. If you check the provably fair part you will see your bet is played and you can verify it easily with respect to the txid and server seed.
You can verify your bet here:
(Incorrect Address)
I looked on that page and my betting address is 12Ui3ssnJK71akxAgvVM3WtLa2EHidT3Xn not the one posted in the link above I highlighted that area because my bet is missing It is not 1JsCY which is what is posted in the image. Can you provide a screenshot where 12Ui3ssnJK71akxAgvVM3WtLa2EHidT3Xn played a bet of 0.0061 BTC Can you please post your TXID instead of address so the bet can be investigated further. If its not played you will be refunded. That I can do https://blockchain.info/tx/16d66a2087ef62bf515d48543f7564096f0f1b14e93d21c7655916b8c86903d2The daemon played your bet randomly with other pending bets. And there is no option o our website where you can input your address to display all your bets. If you check the provably fair part you will see your bet is played and you can verify it easily with respect to the txid and server seed.
You can verify your bet here:
(Incorrect Address)
I looked on that page and my betting address is 12Ui3ssnJK71akxAgvVM3WtLa2EHidT3Xn not the one posted in the link above I highlighted that area because my bet is missing It is not 1JsCY which is what is posted in the image. Can you provide a screenshot where 12Ui3ssnJK71akxAgvVM3WtLa2EHidT3Xn played a bet of 0.0061 BTC So did you bet and you received nothing in return? Or did you loose the wager? Sorry if this was explained I may have missed it. Just trying to get an idea if it is safe to play or not reading back through most of the pages seems to be there is alot of issues placing bets. No prob, the bet did not play when the Daemon was restarted could not verify or locate the wager on the site. Bets after my bet did play however it seemed to miss mine.
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