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Per topic, why are people still using mtgox when there is no way to withdraw your money?
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I think the real reason big money people (those that have say, $100,000 or more to play with Bitcoin) aren't exploiting this ( because 10% in your timeframe is an EXCELLENT return) is the risk, risk, risk - of having that money move through so many unregulated and untrustworthy locations ( BTC-E for example, I love em' don't get me wrong, but lets face it for American's it's very abstract, and partly written in Russian  ) and than MtGox unknowns, cash transfer freezes, banking concerns, etc. It's all a risk/reward premium, and 10% is worth it to a lot of people so it must be 10% risky...Cheers for doing this though, excellent to see it in action. Once GOX bites the dust, I honestly believe the arbitrage will be left to sub-pennies very quickly as new exchanges come online that are more like "real-world" exchanges. PS. If I wasn't paranoid about hvaing MtGox freeze the account, or my US Bank Accounts frozen, or closed, I'd call up a personal friend and say: "Hey you want 10% every two weeks? Give me a $1,000,000 cash. I'll prove it to you and I'll throw in $100k myself!" but like I said, your bank account gets frozen there goes $1 million of my friends money, and $100k of my own...and if that's easy to get 10% than you gotta think about the realization that the operation is REALLY RISKY  Agree, especially now that Gox haven't processed USD withdrawals for 2 months. |
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Did you wire to OK Pay from your bank account or MtGox?
Because if it's from your bank account then the loop isn't closed. My bank charge $15 to receive a wire. Or maybe it's possible to do MtGox --> OK Pay --> BTC-E directly?
Great experiment. Thanks for sharing.
Ahh true. I wasn't really thinking about closing the loop. The initial payment was a $1000.00 bank wire to okpay from my US Citibank account at a cost of $30.00. You know I didn't think of this but now I have to get cash back to btc-e or out back out to my bank account for additional fees! UGH. But I'll probably just but more bitcoin. Assuming OKPAY did not charge you crazy fee. I once did a wire of $2000, on top of what my bank charges, OKPAY charges me around $200. Opened multiple support tickets, and they could not explain why the crazy high fees. |
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i am also not able to withdraw. mtgox -> one time tested -> never again i tried to do a little abitrage..  its not even worth if there is 50 USD difference between prices to other exchanges. My guess is that with the consistent >10$ difference everyone's trying some arbitrage at the moment, hence the exhaustion of the hot wallet! :O How is that? With Gox price higher, people would want BTC to be IN gox, so they can sell high. But what I don't get is, how are these people getting the USD out?! Since there is almost no way to withdraw USD from Gox. |
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My miner is working, but the pool website says I have not submitted shares in the past 2hrs.
Is this normal?
2/4 of my workers says no shares in the past 2hrs.
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Do not sell SATA to molex. B/c people are going to start connecting those Molex to PCI-E 6 pin. This is a perfect recipe for fire.
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finally 2 of mine got labelled "Completed" today. the countdown begins!
congrats!!! your order number and date? anyone got info about order #3xxx? Why do people keep asking about the order date? I thought batch 2 orders are ALL on the same date. |
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Of those that got the package, how big and heavy is it?
Can someone post the dimentions?
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Could people please include their order # and order date when reporting a delivered Avalon... It would be a great help to others.
the order date is all the same. These are batch 2. |
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I am building my first mining rig for bitcoins/litecions. I am using MSI 990XA-GD55 mothercard and I want to connect 6 radeons msi twin frozr 7950. I was advised by somebody that there is no need for powered risers, because the mobo has 2x8pin + ATX24 connections for power supply. Do you think it would burn mobo? please give a good explanation for your anwser  cheers The 2x8pin is for the CPU, not for the PCI-E. So your mobo is the same as any other, pulling all the PCI-E juice from ATX24. |
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that GPU have one center fan. There are many reviews out there saying that design is the worst ever. Good luck trying to cool it.
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Did You submit your support ticket to them?
I don't think you need to open a support ticket if your order shows up on the website. |
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GPU will be relevant for several years to come.
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If someone interested - 8x gpu hashing 4600 Kh/s in scrypt mining. Working with only 1 psu Lepa 1600w (drawing 1700w at wall). cgminer 3.2. drivers 13.1. core 835 @ mem 1375. 4 cores voltage lowered to 0.925 and 4 cores voltage defaul (not accesible at bios). Mobo gigabyte ga 990FXA, cpu sempron , 8 gb ramm. win 7 64 -bit.
What GPU? |
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Asrock H61DEL has got 1 PCIE x16 + 5 PCIE x1.
Installed Ubuntu 12.04, plugged in 6 x 6970 and 2x1000W PSU with 3 x 8(6+2) PCIE plugs in each PSU.
Day after mining LTC, Mobo died, and now refuses to start, not working, no matter what.
So here is the question:
Which Mobo can truly handle 24h 6 GPU load?
That's why you need to use powered risers! PM me if you need any. |
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The problem is: does the Windows operating system recognising 10, 16 or more GPU?
virtualization. |
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Well, that method did not damage the GPU, it just got modified. Either way, you would need to modify the GPU or the motherboard. Or just use riser. |
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Is it possible to run 8 GPUs (not cards but GPUs) on the same motherboard using Windows 7 Home 32bit Many of you missed the key point. Windows 7 home 32 bit. 32 bit windows is limited to 4GB addressable memory. 8 x 1GB GPU's want 8 GB addressable ram. Folding enthusiasts discovered long ago that 4 or more cards generally require a 64 bit os. ymmv of course. exactly |
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how much is 10% Discount?
You want a math lesson? LOL |
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I am actually looking for a cheap 5k BtU unit for cheap, so if anyone has suggestions what make/model and where to buy I would be happy.
The GE unit I mentioned gets 4-5 star reviews on walmart. It is good in my opinion. |
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