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121  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: February 10, 2014, 10:50:53 PM
This thread... you guys are so masochistically obsessive.

Do really need to fill the internet with hot air, recycled over and over?

Say something new, do something new, or stop talking please.

Some of us are owed hundreds of thousands of dollars. Do you expect us to just sit there and wait for our coins to simply reappear magically?
122  Bitcoin / Bitcoin Discussion / Re: Miami arresting people for use of Bitcoin on: February 09, 2014, 10:28:16 PM
No, they arrested people for money laundering and finCEN violations.
123  Economy / Service Discussion / Re: Is blockchain.info a safe place to keep BTC? on: February 09, 2014, 07:40:11 PM
It's safe but make sure you enable two factor authentication!!
124  Bitcoin / Hardware / Re: HashFast BabyJet users thread on: February 07, 2014, 09:54:00 PM
mgio,

well that was my first thought so I looked at HW very early on, it doesn't seem excessively high:

Code:
A:8704 R:0 HW:17 WU:4175.2/m

after a couple mins @585mhz.

That looks very low. After a few minuntes my errors are up to the hundreds of thousands.
The WU number is low, though, which makes sense since that is directly proportional to your hashrate. Maybe you have some defective cores that aren't spewing out errors but just aren't working.
125  Bitcoin / Mining speculation / Re: low-power mining on: February 07, 2014, 08:20:25 PM
Mining is generally considered to be inherently power hungry but it need not be.
It’s a consequence of making the proof of work computationally intensive.
If computation is minimized in favor of random access to gigabytes of memory
(incurring long latencies), then mining will require large investments in RAM
but relatively little power.

Bitcoin mining is all computation and no memory.

Litecoin mining requires 128KB of memory per scrypt instance but only 1024
random accesses, with negligable latency.

Primecoin mining has a sieving and a modular exponentiation component, the latter of
which is pure computation, while the former requires a few megabytes of memory
(with non-random access).

Protoshares mining with Momentum requires 512MB but performs at least one complex SHA512
computation for each memory access, with a choice of algorithms some of which avoid random access.

The memory requirements above are not absolute but allow a trade-off between time and memory.

Guess which proof-of-work system achieves the following:

1) it performs only one very cheap hash computation for several random accesses to memory,

2) its memory requirement can be set arbitrarily and doesn't allow for any time-memory trade-off.

3) verification of the proof of work is instant

Runtime is completely dominated by memory latency. It promotes the use
of commodity general-purpose hardware over custom designed single-purpose hardware,
making mining more sustainable.


Fine, but you need to explain your last point. Why does it make mining more sustainable?
126  Bitcoin / Mining speculation / Re: Does ability to mine BTC change with BTC price? on: February 07, 2014, 08:17:14 PM
I have seen posts in June/July 2013 where bitcointalkers were arguing whether the rise in difficulty CAUSES rise in bitcoin prices; lots of people were saying "No." The prescient ones were claiming that there was a 6-month lag between the two, that the rise in difficulty would result in rise in price six months later. They are proven to be right in this case.

No, WRONG. They were not proven to be correct because they aren't correct!

Explain to me how difficulty effects price. You can't, because it doesn't at all!
127  Bitcoin / Mining speculation / Re: DIFF OVER 5BILLION???!!! on: February 07, 2014, 07:55:46 PM
ugh, so tired of this. Someone starts a new thread asking this EVERY 2 weeks or so when there is a difficulty change. These people should be banned.
128  Bitcoin / Hardware / Re: HashFast BabyJet users thread on: February 07, 2014, 05:16:51 PM

You either need to change clock speeds, either OC or underclock use in cgminer "--hfa-hash-clock 600", I see from ex that the die's like to run over the 70-80 C , from your post you have one core in in the 51 C/.82V which tells me that core that is not working also you can see that the V is  high as to the nominal output in V is .79..

--hfa-hash-clock <arg> Set hashfast clock speed (default: 550)

CurcO thanks for your answer.

I found that
-using HF image on RPI with cgminer 3.09 -> cgminer says 490ghps
-using cgminer 3.12 on windows -> cgminer says 250ghps
-pool says 250ghps

I tried over/underclocking it in the range from 500-600mhz, underclocking makes it slower, overclocking makes it faster (max average I saw was 300ghps - far away from the 400+ other are getting)

Could it be an issue with PSU / connectors?

What is your HW count (hardware errors, its on the top line of cgminer output)? You probably have the same problem I do. Which is, cgminer things its hashing fine but its really gettings tons of errors due to some defective cores. The reason why the temps are lower is probably because much of the chip isn't actually hashing due to errors. Also what is your WU rate?

In cgminer, my bj shows 400+ GH/s (at stock frequency) but only 230 GH/s in eligius. As of now, there is no way to fix this. Perhaps a firmware update might fix it. But if you manage to fix it, let me know.
129  Economy / Speculation / Re: what yall think about this sudden below 780 (it has been stable for a few weeks) on: February 06, 2014, 09:48:22 PM
Unless it's truly an anonymouscoin, who the fuck cares.

Big banks would trust a Googlecoin over Bitcoin.. Not saying it is going to happen, but just keep on eye out for it (meant for the noob OP).

But people won't. No one is going to trust a currency owned by a large, evil company over an open source one.
130  Bitcoin / Legal / Re: I probably need to sue Apple on: February 06, 2014, 05:05:19 PM
rico666: If you have the time and money, go ahead, and please make lots of media noise as well.

If you don't have a lot of time and money - simply forget all of it.

A solution could be to jail-break your device and install the software you want 'illegally'. If you cannot do that yourself, get someone to do it for you.

A better solution might be do abandon Apple HW completely and use something else. Perhaps even return it to where you purchased it?

Not allowing a user to run anything he wants on a device he has legally purchased for private use, is in my opinion a criminal act. As such, Apple is an illicit actor. Perhaps some complaints to consumer protection agencies could be in its place?

Actually there is nothing "illegal" about jailbreaking your device. Apple does not make it easy for you to run your own software on it and there is no law that says they have to.
131  Bitcoin / Hardware / Re: HashFast BabyJet users thread on: February 05, 2014, 06:33:43 AM
What is the status of your support ticket? I just checked the one I made yesterday where I asked if I could return or exchange my BJ underwarranty and I noticed it was marked as CLOSED with no response from HashFast at all.

I'm pretty angry about this. I don't understand how they could deny a warranty claim made just hours after I received the unit. Its still hashing now, btw, but averaging just around 220 GH/s :-/.
I made it a point to get in our the support queue now.  Send an email (do not call, this is not working well), and I'll see what I can do to make sure you get taken care of.

We also just hired new people specifically to deal with support, so please try again and be patient.  Most of the support queue is clogged full of things such as questions about shipments, MPP, etc.  Please title your request "BJ only doing 220 GH" and I see if I can dig it out.

-Phil

I just sent the email to support again with the subject. Thanks!
132  Bitcoin / Hardware / Re: HashFast BabyJet users thread on: February 05, 2014, 01:59:35 AM

It seems to me that I've received a broken bj.

Has anyone had any luck returning or exchanging them??


From Hashfast that just responded to my week old RMA request:

Thank you for your message.

We are currently receiving a very high volume of customer support cases, and as a result, we might be slower to respond than usual. However, we will get back to you as soon as we can.

You can check the status of your message at the following URL:

https://hashfast.fogbugz.com/default.asp?blah-blah-blah

You may want to save your case's tracking ticket: blah-blah-blah

Please reply to this message if there's anything else we can do for you.


--
HashFast Support
support@hashfast.com


Okay, HashFast is swapped. Canned replies, trouble tickets that go nowhere and all the while asking if there is anything more they can do for me.

I'll cut them a week or two break... (And KNCMiner was just like this in the beginning. But only a month late and their second batch Jupiters were under $5K and are now doing 670GH/s. People that ordered the second batch got their Jupiters under three weeks from the time of payments. As far as USD flow, Jupiters are pure profit miners now.)

What is the status of your support ticket? I just checked the one I made yesterday where I asked if I could return or exchange my BJ underwarranty and I noticed it was marked as CLOSED with no response from HashFast at all.

I'm pretty angry about this. I don't understand how they could deny a warranty claim made just hours after I received the unit. Its still hashing now, btw, but averaging just around 220 GH/s :-/.
133  Bitcoin / Legal / Re: I probably need to sue Apple on: February 04, 2014, 04:51:57 PM
Sorry, but you don't have a case. I wouldn't bother. It's going to cost you a lot of money and go nowhere and the most that you will ever be able to recover is the cost of your iPad, which is <$1000 even for the most expensive model. I don't see how you could claim any damages beyond that amount.

Apple never misled you. From when the first user-created app was released for the iPhone, Apple has ALWAYS has exercised 100% control as to what they offer in their app store. They never claimed otherwise. If you didn't realize this when you bought your iPad then you must live in a cave. Apple has never allowed bitcoin wallet apps on iPhone/iPad and won't anytime soon. And they never claimed they would.
134  Bitcoin / Hardware / Re: HashFast BabyJet users thread on: February 03, 2014, 09:02:40 PM
Underclock it until you get a hold of someone.

--hfa-hash-clock 530 (find a rate below 550 that doesnt produce hw errors)

I've tried underclock but I have yet to find a frequency that doesn't produce a ridiculous amount of hardware errors. I think I just have defective hardware.
135  Bitcoin / Legal / Re: Is mining legal in US on: February 03, 2014, 08:57:44 PM
Miners in the US don't require any sort of licence.

http://www.theverge.com/2014/1/31/5364406/bitcoin-miners-investors-not-regulated-fincen-ruling

You pay tax when you convert the mined bitcoins into dollars. If you convert your coins as soon as you mine them you pay income tax on the profits. If you keep the bitcoins for a while before converting them you pay capital gains taxes.

Not true. You need to pay tax at the time the coins are mined.

The IRS hasn't said anything definite but that is most likely the way that it will be treated.
136  Bitcoin / Hardware / Re: HashFast BabyJet users thread on: February 03, 2014, 08:35:15 PM
I have two BabyJets now. One works great. It's been running at 430 GH/s pretty consistently for over a week now (using the average stats from eligius).

The other one I just got today and is broken, right out of the box.

According to the cgminer its running at 380 GH/s but in reality (according to eligius) its running at about half that. The reason is the ridiculous error rate that I'm getting.

Here is the cgminer stats for the working bj:

 cgminer version 3.9.0 - Started: [2014-02-01 15:02:13]
--------------------------------------------------------------------------------
 (5s):452.8G (avg):461.7Gh/s | A:19290234  R:92767  HW:64312  WU:11909.7/m
 ST: 2  SS: 0  NB: 417  LW: 20691920  GF: 0  RF: 0
 Connected to stratum.mining.eligius.st diff 256 with stratum as user xxxx_BabyJet1
 Block: 1e5dc7ba...  Diff:2.19G  Started: [20:27:33]  Best share: 6.18M
--------------------------------------------------------------------------------
 [P]ool management Settings [D]isplay options [Q]uit
 HFA 2:  71C/.79V 79C/.79V 71C/.79V 70C/.78V 498.9G/458.7Gh/s | A: 4331326 R:20480 HW:14351 WU:11964.2/m
--------------------------------------------------------------------------------

As you can see, its been running for 2 days now at 460 GH/s (430GH/s in reality according to the pool). The HW errors are just 64,312 and aren't increasing.

Now, the broken babyjet (running stock, no overclocking or modifications):

--------------------------------------------------------------------------------
(5s):407.5G (avg):378.3Gh/s | A:54179 R:512 HW:611323 WU:6780.2/m
ST: 2 SS: 0 NB: 4 LW: 89015 GF: 0 RF: 0
Connected to stratum.mining.eligius.st diff 128 with stratum as user xxxx_BabyJet2
Block: 1391fb73... Diff:2.19G Started: [15:29:41] Best share: 47.1K
--------------------------------------------------------------------------------
[P]ool management Settings [D]isplay options [Q]uit
HFA 1: 75C/.79V 77C/.79V 68C/.79V 59C/.82V 393.2G/383.3Gh/s | A:33279 R:512 HW:369376 WU:6803.7/m
--------------------------------------------------------------------------------

Its only been running for half an hour or so and already the HW errors are 611,323. Ten times the amount of the first BJ!

The temperatures are the same for both bjs. In fact, the broken one seems a bit cooler.

It seems to me that I've received a broken bj.

Has anyone had any luck returning or exchanging them??
137  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 29, 2014, 08:51:12 PM
this^
even if hf ships 1600 ghs mpp at the end of Feb (lol) he will still only get ~6BTC per machine in 6 months, not even close to the 61BTC he could have bought for the usd cost of each machine. I'm no investment expert but a 90% loss is not a good investment no matter which way you try to paint it.
I feel sorry for those that don't understand this.   Sad

Not quite.

Not buying something is not the same as taking a loss.

That's like saying everybody who bought BTC last year April for $100 and sold it later at $1000 made a 90% loss because if they instead bought TSLA June calls at that time they would have gotten $10'000 instead.

Hindsight is 20/20. It wasn't foreseeable that the rise would happen at the time it did. If BTC instead fell from $100 to $50, the hardware (even though it's late) would have been the better investment. Just because there were better investments available in hindsight, doesn't mean your investment was a loss.

If your personal risk tolerance is such that you don't like to hold on to BTC, then the BabyJet might still possibly be kind'a profitable-ish, even if BTC stays the same value from now on. For that matter, you can probably just sell your BabyJet on eBay as soon as you receive it and make a USD profit. That is still not a loss.


Now starting off with 60 BTC and intending to make back BTC on the other hand, is a different story. But only if you had the stomach to watch it rise all the way from $100 to $1000 without selling it. Most people would have liquidated after it doubled. 24 hour markets unfortunately makes it very tempting to take profit.


PS: Your genesisblock calculation assumes the equivalent of 110'000 KNC Neptunes (or 600'000 KNC Jupiter class hardware etc.) shipping over the next 6 months. I find that to be unlikely.

No, you are wrong. If BTC fell from $100 to $50, buying BTC still would have been the better investment.

You would buy a BJ for 60 coins, and earn back, lets say, 10 coins. You spent ~$5750 and ended up with $500.

If you had bought BTC, you'd have 60 BTC, and at the end it would be worth $3000. Still the better investment.



138  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 29, 2014, 04:43:37 PM
Like many others, I got an e-mail from HashFast yesterday asking to confirm my shipping address "before we ship your order".

I wish I knew what order they were talking about. It could be:

- My batch 1 upgrade
- My batch 2 order
- The MPP for my batch 1 order
- Or maybe even a late e-mail that was meant to be sent before my batch 1 was shipped (it's already arrived).

It seems other people are likewise confused.
139  Bitcoin / Hardware / Re: HashFast BabyJet users thread on: January 28, 2014, 05:20:03 PM
The RPi is a toy and a piece of shit. Why anyone would run thousands of dollars worth of equipment off it is beyond me. Toss it and connect your devices to a real PC or laptop.
+1  Cool

This. I have 5 of them that I've been using to run my other miners (BFL and BitBurners) and they are notoriously unreliable. Every once in a while the SD cards will die necessitating a rebuild of the whole image. And the USB ports are the worst. Even with a powered hub they aren't able to drive my bitburners anymore and I ended up having to buy a tiny computer and putting Linux on it.

Wow all this hate for the RPi, not sure but they just work for me?  I use the MinePeon distro and get months of uptime no problem with my BFL & BitBurner Fury stacks.  Maybe I got lucky with good SD cards?  Maybe the MinePeon distro is configured to write less data to "disk" and extends the life?  I dunno.

But compared to spending $200-500 on a Mac Mini or using an old laptop and having to manage a huge spiderweb of USB hubs off the back and multiple cgminer configs I think I'll stick with my RPi's thank you very much (note I NEVER use usb hubs).  One dies?  I have a spare.  SD card were to die?  I have an image I can just reload on a new one and go.  And I get to build fun little cases for them out of the old box of legos I have laying around Wink

How do you drive a stack of 8 bitburner boards without a USB hub?? I've never gotten the CANBUS to work with more than 4 at a time and even then it is extremely unreliable. I have 16 bitburner boards and use 2 7-port hubs. I used various raspberry pis to drive them for a month or so, but with tons of USB errors and reduced performance. Its a known bug that the power supply circuitry on the raspberry pi is not enough to drive the USB ports up to spec, even when using powered hubs. It is so bad that people even have problems with certain brands of USB keyboards and mice.

I eventually got a $150 computer from Intel to run all 16 of my bitburners, http://www.amazon.com/gp/product/B00B7I8HZ4/ref=oh_details_o02_s00_i00?ie=UTF8&psc=1 and I'm MUCH happier now. I still use 3 other raspberry pis to run my BFLs and they are fairly reliable, although I've had to the replace the SD cards on two of them in the past 6 months they've been running. I really like the raspberry pi and I wish they worked better but they aren't quite reliable enough to control bitcoin miners.
140  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 27, 2014, 08:21:35 PM
It's good that batch 1 has been shipped and seems to be almost all shipped?

There are some HUGE important questions remaining though which HashFast hasn't gone anywhere near:


1) When will the upgrades for batch 1 ship? When will the November batch (batch 2) ship? How about the November upgrades?? There should be a reasonable estimate for these dates by now.

2) When will the MPP ship??? When will empty BJ cases be available for sale for the MPP boards?


I hope the MPP ships first. The first batch customers ordered the earliest, took the biggest risk, were charged the highest prices, and suffered the most from the rise in BTC relative to anyone else and they appear to be being screwed over more than the rest (i.e. why are Sierras shipping!!?? Those boards are first batch MPP boards!)
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