If that is true then the "confirmed sources" that said BTC would no longer be welcomed in China are the colossal trolls of 2013.

Since your paying for all your services then getting your own internet is probably best.

One of my multiple sites run on a dedicated static IP 4G/LTE service. 40 280x GPU's on a stratum proxy, daily data usage is 70MB to 80MB.

And with custom GPU firmware 1.05v from 1.22v brings the power usage from 56A to 40A per leg on a 60Amp 120v Sub

Port 80 is a web port.

VPN does not constitute masking or assuming identity.

VPN enables you to privately use the school network.

Edit: Also unless you are hosting a mining node/pool you are not pulling more then 25MB a day mining.

Edit2: people use US bassed VPN's so they can watch US netflix as the selection is far better.

If you must then point to port 80 rather then the default port if your pool of choice supports that.

My question is, do they have that in a written policy? Is the motivation perhaps not permit mining because of the network load or is it power costs? Perhaps you can work something out.

Fun.

Hard to stop the fud

What would be great is to have the option of enabling a 2 step authentication for every transaction that happens on the wallet. So if someone manages to get a copy of your wallet/private key that every transaction associated with that wallet would render a one time use perhaps an sms text or a previously entered password that you would have to enter before the transaction is accepted.

Congrats!

SHHH... Don't Tell.

+1 Yes yes yes

For those who may not be aware.

As many have implied, Bitcoin economy has come under speculative pressure not only by new adopters of BTC but of Crypto coins in general.  The "alt-coin" mining landscape have opened up the opportunity for speculative miners have taken up the mine and dump for BTC and then sell for USD strategy. This applies to both SHA256 or Scrypt "alt-coins".

Bitcoin / litecoin have been under pressure in the sense that many speculators have been trading them for the "Flavor of the Day" "scam coins" that have been popping up in the wild.

The return for miners to Jump on this strategy of mining is high when you factor what it costs to get 1BTC using traditional ASIC hardware.

Please review this link below.

http://www.coinwarz.com/cryptocurrency/?sha256HashRate=4500000.00&sha256Power=8000.00&sha256PowerCost=0.1000&scryptHashRate=50000.00&scryptPower=12000.00&scryptPowerCost=0.1000&sha256Check=false&scryptCheck=true

It shows the type of return one could expect running a GPU operation at 50,000 KH/s and what you would get if you just mined and dumped every 24 hours.

With the advent of scrypt ASIC hardware seeming possible some time this year. I wonder how long this strategy will hold until 1 coin scrypt emerges winner.

Yes I may have let the cat out of the bag however I feel people should be informed as to what may be putting added pressure in keeping btc and its "network" at such an undervalued state.

Patience young space traveler. All in due time.

Hopefully the market will soon find its synergy and normalize with respects the ability to handle "new" forms of altcoins.

Bitcoin and with some respects Litecoin seem to have the best balance between transactions/subsidy reward/blockchain file size that has been keeping pace with technology development road map.

Many other altcoins fail to understand the importance of maintaining a close relationship to this rule.

That is why I feel that many "new" altcoins are unsustainable. However newbie's entering the marketscape do not understand this yet.

My only recommendation to them would be, if you enjoy mining, then enter the landscape 50/50 50% coin and 50% hardware. That way you can take advantage of the historical rule that Buying and holding bitcoin has been the best strategy to date.