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1701  Economy / Service Discussion / Buying bitcoin alternatives... on: March 22, 2013, 02:32:35 AM
I signed up with Coinbase to buy some bitcoin and it is already day 4 and it is still in pending status. They are having problems. I can't afford to have such delays all the time and would like to know what other alternatives there are similar to coinbase? Obviously you can't outright purchase bitcoin with a credit card so that's why I added my bank account to coinbase to buy that way. Are there other places that allow you to add your bank account for funding to buy bitcoin right from the same place? I do like Coinbase because everything is right there and it is very easy and well priced but the delays are too much sometimes.



1702  Bitcoin / Armory / Armory requests go? on: March 21, 2013, 02:46:18 AM
Is there an Armory request thread?

Not having a viewable conversaion rate or balance on what I'm putting it against makes me have to do math when I don't need to be. Being that BTC against USD changes so quickly, it should be a priority to put at least an average value of what each BTC is worth. There is plenty of screen space to do this, is it something difficult to program in?

Thanks Armory

1703  Economy / Securities / Want to buy shares, where to start? on: March 21, 2013, 01:53:54 AM
I'm looking to buy some shares in maybe ASICminer. Is this still a profitable venture? I've never bought shares via/through bitcoin before so it is all new to me. I've purchased and sold shares of standard companies in the US but very low key and small return. Nothing big or risky. I have some money saved up, my BFL refund money which has tripled and of course some savings that I've held on to for a long time now. I won't blindly go into it without really knowing how it works, but what is a good place to start if I wanted to look into buying ASICminer shares? Would signing up with trading sites be advisable? I have signed up with a couple, but any that you guys prefer? I'm NOT looking to trade/buy/sell all day. I'd basically want buy some shares then long time after that...or until I want to sell. Thanks.

1704  Economy / Services / Re: Looking for people to store some of the forum's money on: March 21, 2013, 01:46:21 AM
I find this thread interesting. I have a small forum that I run and have asked for donations to pay for the hosting fees. Once I accumulated  enough for the year I asked to cease donations. Is this forum just stashing money away from donations to pay for hosting services of course and for what else? If you guys have so much bitcoin and you are looking to divide it up because you have so much you really don't need to continue to take donations anymore, do you? Unless you are personally profiting your pockets with the donations. And this site also had advertisements on top of that. Looks like this forum is a money making machine here.

1705  Economy / Services / Re: Looking for people to store some of the forum's money on: March 21, 2013, 01:36:05 AM
This is a good ol boys club, A bunch of insiders looking after themselves with donated money. Let me ask how people would react if the salvation army.
Started holding all the funds in the personal accounts of the board members?

Salvation Army is a charity. The money they receive is not their profits, and is not theirs to keep. This forum is a privately owned business of sorts. Whatever donations the owners of the forum get are their to keep and do whatever they want with, "gool ol boys" or not. You are also free to whine and not participate, or to join that club yourself.

How are potential trustees properly vetted? Not by word of mouth or how much assets they currently have, I hope not.
1706  Economy / Services / Re: Looking for people to store some of the forum's money on: March 21, 2013, 01:22:01 AM
$100,000 on forum software are you guys insane?

What an asinine waste of money.  Sure the forum needs better software, maybe a dedicated server, possibly better database backend etc.  Hopefully SOME of the funds will be used for that in an intelligent and planned fashion over the coming year (not yeah we are rich lets buy a bunch of random expensive crap).  Still you can't possible think this forum needs $100,000 in hardware and software upgrades.  So regardless there is some portion of those funds which the forum couldn't possibly use this year and probably would be based to store securely for the long run.  theymos said something about cold storage of ~2,000 BTC.  Not lock up every penny and never spend anything to improve anything. 

I mean how can that seem like a bad idea to you?

What the hell? This forum is NOT on a dedicated server?

1707  Other / Archival / Re: Pictures of your mining rigs! on: March 21, 2013, 12:47:38 AM
Why does everyone want to use Linux with their mining gear? These days a Windows 7 machine can run just as efficient and stable as any Linux distro out there and you have all you need. What's the reason for using Linux at all besides being old school and really just liking Linux?
Because it has always been trivial to script things with Unix: Linux geeks know how to configure their system to autostart everything at boot time. Windows users have to hack around.

Because you can't distribute a pre-configured Windows image for USB keys to others so that they can profit from your knowledge (both because creating a generic Windows LiveUSB is probably impossible and because Microsoft just doesn't want you to do that).

Because serious miners with multiple rigs and adding rigs regularly can simply copy an USB key content to another with minimal changes to get another fully configured system right away.

Because you don't have to pay for any license or make sure you don't infringe on anything.

Because you don't have to buy a PC if you don't use GPUs anymore: FPGA mining rigs can be run from smaller, less costly and less power hungry Linux-based home routers with 32MB.

Auto starting services/programs with Windows is horribly easy.

The only thing that I can see people going for Linux is because it is free. With today's OS you can pretty much do anything and everything you can as with Linux. Mostly everything today is cross platform. Don't get me wrong, I run several Linux boxes at home, even my Newznab server runs Linux and my web hosting VPS run CentOS and they are great for that. I was just curious as why mining people opted for Linux, that's all.

Maybe one day Microsoft will release a FREE OS to the world.
1708  Bitcoin / Hardware / Re: Avalon ASIC users thread on: March 21, 2013, 12:40:55 AM
Where are people seeing this $5000 price? I've checked their site out and don't see anything that says $5000. If anything all I get is a prompt asking me for a password.
1709  Bitcoin / Hardware / Re: Butterfly Labs ASIC Update? on: March 20, 2013, 04:33:39 AM
Well, they don't seem too responsive asking them direct...

Anyone receive their rigs?

Is it worth placing an order now with Bitcoins, getting charged for them now, not receiving the rig for who knows how long, in the meantime the price of Bitcoin soars, and we miss out on both our Bitcoin holding profit, and/or any potential mining profit...

Or...

Wait until they ship.  Then order.  Then receive them late in the game.  Difficulty goes up, just when we get our hands on them.

Or...

Can we place an order now, and NOT be charged for it until the order actually ships out?  And if so is Paypal the only way to do that?



BFL has taken the pre-order game to a whole new level. I've never seen so many people dump thousands of dollars into something that was just an idea that could so easily fail.  And here we are, months and months later at the same point as back then. I already got my refund back a little while ago and bought BTC right away. Since then it has risen to over 60 and I've made quite a bit of money already. I'm thinking of buying a couple Avalon's if I can and other things right now. If you order from BFL today you don't have to pay them anything, they just give you an order number...and if you don't pay you will lose your place in the queue if someone gets ahead of you. I'm far from being analytical or smart in the way the bitcoin economy works but in my opinion if you order from BFL now you will most likely have to wait maybe 6 months before receiving anything. By that time their first batch will have been out and delivered, Avalon's 2nd AND 3rd batch will be out hashing away too. So that $300/day money making machine is equal to a low powered video card at that time. Maybe you'll get $.50/day and that is being generous. Is it worth it? Not to make any money, but to fool around with it and do it strictly as a hobby.
1710  Other / Archival / Re: Pictures of your mining rigs! on: March 20, 2013, 04:26:02 AM
Why does everyone want to use Linux with their mining gear? These days a Windows 7 machine can run just as efficient and stable as any Linux distro out there and you have all you need. What's the reason for using Linux at all besides being old school and really just liking Linux?
1711  Bitcoin / Mining support / Re: 21.4Mhash/s ... is that decent? on: March 20, 2013, 04:20:15 AM
It is quite difficult to learn something by blindly reading a forum. Since you are unaware of what you are reading one post can point you into 30 different directions to learn more about the content in that post. Also when trying to figure something out or ask a question since you don't know it is hard to search the forum on something you don't know what to search for. That's why a lot of people just post the questions regardless if it has been out there or not. The forum has purge features and moderators to take care of spam, so let everyone post what they want, in the correct area if possible on this PUBLIC forum. If you don't like the forums "filling up" with nonsense then just skip over the thread. It's not like downloading on a 300 baud modem. Threads pop up almost instantly and isn't really wasting anyone's time.

1712  Bitcoin / Mining / Re: 15K USD FOR AN AVALON?! on: March 20, 2013, 04:11:32 AM
I think Ebay is one of those places that needs to get shut down. If you want to buy something from someone, post it on Craigslist and take a chance of getting killed when you meet up.

1713  Bitcoin / Hardware / Re: 16 Avalon photos on: March 20, 2013, 04:06:32 AM
I saw the first photo of the power plug. I get the end that plugs into the AVALON, but the other end that plugs into the wall is not what I use in my home - USA.

The attached picture is what I have at my home and that doesn't seem compatible with the power cord picture.

1714  Bitcoin / Armory / Re: Surprised... on: March 20, 2013, 03:24:26 AM
Sorry, I don't have a lot of time to respond to this right now, but I wanted to point you to the Make a paper backup! thread.  It is a little verbose, but so was your array of questions Smiley

Short answer:  if you never import keys, that paper backup is good forever.  Even if you use 13 trillion addresses, you'll still be protected with that backup (though the software might need to be adjusted to handle wallets with 13 trillion addresses...)

Distribute addresses like a maniac for 5 years.  HD dies, get 100% of your coins back with that paper backup.  The backup can be made at any time, but of course it is recommended to make it before you use the wallet so you are protected the whole time you are using the wallet.

Cold storage is for a wallet.  Put Armory on the offline computer, make a new wallet, export a watching-only copy of it, import that copy into the online computer.  Now you can watch your coins, distribute payment addresses, verify payments without any loss if your online computer is compromised.  And if you made a paper backup of that offline wallet, you are protected not only protected by the airgap, but you can recover from a hard-drive loss any time in the future.  Pretty sweet! 

EDIT: The last thing I didn't mention was that the paper backup is also useful to recover your wallet if you forget your passphrase.  Seriously, the paper backup is good for everything Smiley



Ok, very nice. I did make a paper backup and have locked a couple copies away in very secure places. One thing I would have liked to see is at least what 1BTC is worth somewhere on the GUI. Just for informative purposes. That is one feature that Multibit has that I do like.

Thanks for the response.
1715  Bitcoin / Hardware / Re: You have BTC ready when Avalon 3 batch opens? on: March 20, 2013, 03:20:48 AM
BitPay is said to be the payment processor for batch 3.

Y'all might also think about creating BitPay accounts, and maybe funding them if that's an option, and learning how they work.

Account > guest checkout.

That's just the payment processor, right? I'm not sure how it happened when people bought their Avalon's but weren't you taken to a payment processor like Bitpay or given an address to send the funds to? Bitpay is for merchants and I don't think they want everyone trying to make merchant accounts (because that's all they have) just to make a payment.

1716  Bitcoin / Pools / Re: [2000 GH/s] BitMinter.com [ASIC support: var diff, Stratum, GBT, rollntime] on: March 20, 2013, 03:10:26 AM

 Well just dumped another $427.00 on another 7970.Since i don't see a way to buy an ASIC yet. So that's 3 7970's and 2 6970's so far. Hope i didnt make a mistake as i plan on buying 1 more 7970 also if this one pays for itself.

 Well wish me luck and love the pool its been very good to us lately.



What is the speed of a 7970? MH/S? 600-650, I found it.

1717  Bitcoin / Pools / Re: [2000 GH/s] BitMinter.com [ASIC support: var diff, Stratum, GBT, rollntime] on: March 20, 2013, 03:07:25 AM
If I get my Avalon miner, what CGminer parameters will I need to use when to start mining in this pool?

Connect it to stratum+tcp://mint.bitminter.com:3333 (Stratum) or http://mint.bitminter.com:8332 (GBT or getwork). As user name put your BitMinter user name, an underscore, then a worker name, e.g. DrHaribo_FastWorker. In case you have firewall issues, port 5050 (Stratum) and 80 (GBT/getwork) are also available.


Thanks very much. Just over the last few hours I've gotten very familiar with CGminer and some of it's command line switches. Thanks.
1718  Bitcoin / Armory / Surprised... on: March 19, 2013, 07:25:31 AM
I thought this was just another bitcoin client trying to wiggle its way through, and even as a novice/intermediate level user here with wallets/clients I have found this program to be very good. Before adding funds I'll always mess around with the client and see what does what. I see that I can create a paper backup from the wallet properties window, which is nice. I do have a question though, of course. When I clicked on "Receive coins" it keeps creating a new address. Is it always going to keep creating a new address when I want to receive coins? I did notice if I wanted to receive coins using an address that was already there I had to go into my wallet properties and select that address, then click on receive coins or right click and select receive coins. Is that the proper way to do it? Let's say I have 5 receive addresses in there. 2 have funds and 3 are empty. I can send funds to ANY of the addresses in my wallet, right? Is there a way to remove an address? Completely delete it, not just hide it. Is creating a new address everytime I select receive bitcoins a good thing to happen and is it a normal thing to do? I mean is it the norm to receive coins on a new address every time? So far, with my Multibit wallet I've been using the same address to receive my coins. I can almost remember the address by heart. Is that a bad practice to do? Is there a disadvantage to using the same address? Also, I did make a paper backup of my wallet am I now FULLY protected if I blow up my computer or my house goes up in flames? Can I retrieve my entire wallet, with ALL those receive addresses with just that paper backup I printed out? I did read something that said if I have multiple addresses and even if I did a paper back up I would still need to backup the keys. That confused me because I thought the paper backup of the wallet is for EVERYTHING, even including addresses that weren't even created yet. Which brings me to the next question. I make a paper backup of my wallet on Monday. Then I receive coins on Wednesday with a new address. Will that address be able to be restored with that paper backup I created on Monday?

Ok, sorry for string on with questions but from using and fooling around with this new client I worked up a little excitement and wanted to get all these questions out before I forgot. I'll be running into a lot of transactions soon with possibly a lot of coins so I want to be prepared for what is coming. And no, it has nothing to do with mining.

I'm also liking the cold storage feature here. I'm not sure I understand that %100 yet, but to me it seems like I can have like a savings account where I can't spend any money from but just keep an eye on it. AND still receive coins at that address. Is the cold storage feature for an entire wallet or just an address?

Ok, that's about enough for now. And I do want to say I was very skeptical before using the program but it does look like a winner in my book. I think once I get more used to it I'll switch everything over to this client and send all my current funds over to my armory wallet address.

Thanks
1719  Bitcoin / Pools / Re: [2000 GH/s] BitMinter.com [ASIC support: var diff, Stratum, GBT, rollntime] on: March 19, 2013, 03:12:33 AM
If I get my Avalon miner, what CGminer parameters will I need to use when to start mining in this pool?

1720  Bitcoin / Hardware / Re: Avalon ASIC users thread on: March 19, 2013, 03:07:06 AM
I'm in the US. Will one of these work on my 15-20amp circuit? I have all 110V lines of course, regular house. Do I need to install a 240 or something?

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