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181  Economy / Service Discussion / Re: Sonny Vleisides (Butterfly Labs CEO) 2014 Court Transcript [The TL/DR version] on: July 15, 2014, 08:50:42 PM
I have a solution but few will listen.

Few will pay for it. They have already paid and lost dearly.

You need a solution that doesn't involve asking people for money.

Lemmee see here................................

...a few grand properly spent saves millions?

Yep.

Not a good plan at all.

I'll rethink it but thank you for your input.

I did go read the your web page.  I think that the plan disturbs uninvolved people, and is partially untruthful;  this will sure spray you with backspatter, and ultimately harm the moral high ground position that they occupy.

However, the ultimate concept of causing a bolus of communications from the large number of customers involved intrigues me, and is an approach that I have envisioned many times in the past, but have never carried out.

What do you think of this course of action, where no one crosses over a line misrepresenting their identity or denying service to innocent bystanders:  each BFL customer, perhaps 20,000 or more, sends a small number of paper letters, for a total cost of under $5.

  • Directly to the court
  • To the attorney representing the plaintiff
  • To BFL itself.
  • Sonny's parole office
  • BFL's attorney

I think this could be one letter to BFL with CC to the other parties.

I further think the letter should be very polite.  It should mention facts and ask for an action.  Each letter should be written so that it reflects well on you under the most hostile reading environment, whether in court, on TV, or in the BFL boardroom.  There should be absolutely no threats, exaggerations, or excesses in the letter.  The letter should be minimal.  It is the 20,000 quantity all from upstanding victims that is the excess, but that excess does not reflect back on any of the customers.  Each piece of that mail is sent to people who are involved in this particular piece of business, are not innocent bystanders, and is a proper use of a paid government service, the USPS.

You want the court and probation people to think that you are squeaky clean, and never, ever to get the idea that any one of you is a problem of any kind.  While my background story here is not that important, I can say that I have been a victim/witness in a murder trial, and that I got much better service from the prosecutors that did the people who acted like they would bring guns into the courtroom and, although victims, become criminals themself.   Avoid any suggestion of vigilantism.

Specimen:

Code:
Dear BFL

I have an order for 3 @ Monarch bitcoin miners placed on Feb. 18, 2013 for $5,650.  Prompt delivery time was
a dominant portion of the value of this order, and the order is now unfit for the purposes for which we initiated
business with each other.

I have been harmed by this delay, and I am disturbed to read court documents, for example, that Sonny has
purchased a house with order payments before my order was fulfilled.

At this time, I require a prompt refund of my order.

Sincerely,

John Q Customer
182  Bitcoin / Bitcoin Technical Support / Re: How do I get the private key of my own address? on: July 10, 2014, 05:32:43 AM
For a wallet address, I can get its public key by using "validateaddress" command in the console, is there a command to get the private key? How can I get the private key for an address in my wallet? I know that the client program can sign the message by using the private key, but I don't know if there's a command line function for it. Thanks for the help.

[/quote

The list of all the API commands is helpful for questions like this.

You may want dumpprivkey
183  Other / Off-topic / Re: i lost $6767 via gambling in world cup. I need advice on how to quit gambling on: July 10, 2014, 05:30:15 AM
Once and for all. I realize that gambling mess up my life and my social life as well. I need to get out the game while I still can. Advice?

The Minnesota problem gambling hotline is 1-800-333-HOPE.

There may be a hotline in the jurisdiction where you live.

I suspect it will be easier if you have others to talk to who have been where you are.

184  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: July 08, 2014, 07:02:06 PM
From my mathematics training, I tend to speculate about changing rules, and what outcomes are likely.

This weekend, I wondered what would happen if the "recent backpay" was changed to "oldest backpay."

One effect is that the very old backpay would be paid out.  In the current system, there is some doubt whether it will ever be paid.
Another effect is that new miners would see a drop in their revenue, because initially they would not receive any backpay.
Possibly a blended system, 50% recent and 50% oldest would balance these two concerns.

I assume wizkid & Luke evaluated this question in the past.  I wonder what their reasoning was.

Whether 100% oldest or 50% oldest, neither system works without including a fee. The reason is that as soon as a backlog develops, it is always more profitable to just move to another pool than to continue to mine there even if your shares are in the old backlog.

I never understood the pool-hopping business.  Would you (anyone) mind working up an example with a 10% oldest / 90% recent?  Perhaps use the actual Eligius block data for a new 1 THs miner starting at block 308,729?
185  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: July 08, 2014, 06:56:33 PM
ahh thanks! I thought I can split my power into 3 pools Cheesy...nevermind thank you!

which pool is the best at the moment? the one with the biggest hash rate or something different?

I am using ghash.io at the moment

You can split your power into multiple pools.  I ran an Avalon with 2 payout addresses on Eligius to simplify some accounting. 
You have to use load balancing.  There are also some commands to specify the % load each receives, but I never did grok how to do that.

186  Economy / Service Discussion / Re: Sonny Vleisides (Butterfly Labs CEO) 2014 Court Transcript [The TL/DR version] on: July 08, 2014, 06:40:32 PM
That people continue to send money to BFL is a failure of the Bitcoin community. We must strive as a community to prevent newbies from falling into BFL's trap. Whenever we see BFL mentioned, we must warn people to stay away. It is the only honorable action to take.

One way would be to put the summary of the court proceedings, above, on a Google doc and add keywords for BFL, Monarch, and so on.  Perhaps even make a web page with a Google adwords link.

187  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: July 08, 2014, 06:10:08 PM
Hi,
can you send screenshot of your settings for Eligius?



Hi!

I hope the previous image is sufficient, please let me know otherwise.

Thanks,
Vittorio


PS: How long does it normally take for stats to post for a new miner?
PS2: Wallet address for pastiness: 3HMiKMkBCBeEoP5ik4u3mBzckKfBYsru1B
Um... I thought all BTC addresses start with a 1... Why is yours starting with a 3...?

Edit: well I guess it is a valid address since I can find it in blockchain... Learn something new every day...

Those are multi-sig addresses.  I think they are a good idea for a payout address for a consortium.
At this point, I would add a 3rd address to a 1prefix, and I would run the miner as load balanced.  I would point it to the same address as the 2nd miner.  I don't recognize the 1st http address, so naturally I suspect it.

After it has run a while, I would check all payout addresses.  If the 1address shows statistics and the 3address does not I would send a message in to wizkid and Luke to see if that is intentional behavior.

188  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: July 08, 2014, 05:50:55 PM
From my mathematics training, I tend to speculate about changing rules, and what outcomes are likely.

This weekend, I wondered what would happen if the "recent backpay" was changed to "oldest backpay."

One effect is that the very old backpay would be paid out.  In the current system, there is some doubt whether it will ever be paid.
Another effect is that new miners would see a drop in their revenue, because initially they would not receive any backpay.
Possibly a blended system, 50% recent and 50% oldest would balance these two concerns.

I assume wizkid & Luke evaluated this question in the past.  I wonder what their reasoning was.
189  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BETA][EXCHANGE][REALTIME] CoinEX realtime exchange on: July 04, 2014, 08:26:49 PM
Just got an email back from DomainContext

Quote
Hello,

the coinex.pw domain was suspended by us.

--
Anna Knyazhenko
DomainContext (RU-CENTER Group) Support Team

Did anyone cache the IP address?


190.93.241.217 came up as one, but cloudflare doesnt allow direct IP access, so no more trading or even be able to grab the balances/history as record for those that didnt know about this in advance, should any moves be made in future with claims against it :\
Getting the domain suspended was completely pointless and now only further helps erundook and captainfuture get away with it.


I think that suspending the domain was a bad move.
190  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: July 04, 2014, 08:05:49 PM
I decided to leave this pool. I am really very worry about the "random" payout of this pool. It's slightly different than other pools.

This are my stats: http://eligius.st/~wizkid057/newstats/userstats.php/1KVYDjPFTDnBdzqKtsLhevVGLp8Baaognv


I'm always curious about how other people view things.

What is different between what you expect and how the pool actually works?
What kind of behavior do you want to see that you do not see?
Do you think it operates differently than it says it will?

191  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BETA][EXCHANGE][REALTIME] CoinEX realtime exchange on: July 04, 2014, 07:59:03 PM
Just got an email back from DomainContext

Quote
Hello,

the coinex.pw domain was suspended by us.

--
Anna Knyazhenko
DomainContext (RU-CENTER Group) Support Team

Did anyone cache the IP address?
192  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [MZC] MazaCoin *National Currency of the Traditional Lakota Nation* | NEW THREAD on: June 30, 2014, 03:24:22 AM
Does the new wallet have the current OpenSSL library?
193  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: June 30, 2014, 01:34:04 AM
Why is the Eligius payout queue so ridiculously obtuse? Other pools don't have this problem.

It is a feature, not a bug.  Eligius is the only pool where the coins will show up in your wallet as "mined" and not transferred in.  This means that Eligius never holds the funds in a centralized location that can be hacked (well, not "never", but it tries hard to avoid it).  Eligius is what it is.  It is the fairest pool around.  In order to do that, the creators had to get creative.  If you don't like it, mine somewhere else.


I don't. And I do.

I'm always curious.  What is it that you don't like about Eligius?

194  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: June 29, 2014, 10:40:58 PM
Why is the Eligius payout queue so ridiculously obtuse? Other pools don't have this problem.

He tried to run a pool with 0% fee, but also without going broke, and in a way that no one could steal funds from a central wallet.  He came up with something that does all that, and is unique.

Some of us don't think the queue is obtuse.  He pays from oldest to newest, to everyone who is over threshold, and on lucky rounds he pays out back pay.  The rules are very simple, and they work.

195  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: June 29, 2014, 10:36:11 PM

It's called The Tragedy of the Commons.  A seminal paper was written in Science in 1968 by Garrett Hardin.  It happens with fishing, timber, open range grazing, and now bitcoin mining.

You are a peer to all the other miners.  To everyone else, you are one of the greedy others who is stealing their profits.

I don't know of anyone who has purchased mining equipment after the Batch #2 Avalons who has achieved breakeven, even though everyone has made ROI, whatever their own ROI number is.


well you don't know me but my knc jup has ROI'd Smiley and that was bought 2nd hand for around 25.4btc Smiley and the 2nd jup. i bought a cpl months ago is about to ROI too...but my 3rd nov jup i lost track on when it'll ROI if it will...but i'll just keep a mining Smiley

It's great to hear that you have made breakeven.  I looked at some Avalon modules today, and they are selling for almost 2X the expected return.  I don't know a way to buy more mining hardware and make money today.  I turned my Avalons off the first week in June.

196  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: June 29, 2014, 07:47:18 PM
Oh, and Garrett Hardin was from Dallas, as am I.  This makes us saturated our entire life in Mercantile philosophy.

Oddly enough, I think the Tragedy of the Commons is the rebuttal that explains why Ayn Rand is wrong.  I bet Dr. Hardin would have agreed.


197  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: June 29, 2014, 07:36:59 PM


I really hope something bad happens to the greedy people  who are forcing  small scale users like me out Sad



Let me get this straight. You're adding mining capacity to your farm AND you're complaining because other "greedy people" are doing the same?!

Pot calling the kettle black, I guess.

I was referring to the people  with 100's of Th. +

Not the ones with a few.

It is those who are hurting  the difficulty - adding masses of machines.

In the long term, they do hurt the little people like me and others who make a little and are not greedy.

So it is not exactly  a Pot calling a Kettle , and yes I want to earn - as we all do.

Personally I have almost 1 ( 5 x S1 miners ) - and waiting for ROI still.

1BkQfrRarYhu8QdMTXUs748oYiSyTw24bv


This damned hangover is still hurting LOL , and I don't want sympathy as it
was self inflicted - suppose last night was a scream and makes it worth it Cheesy




It's called The Tragedy of the Commons.  A seminal paper was written in Science in 1968 by Garrett Hardin.  It happens with fishing, timber, open range grazing, and now bitcoin mining.

You are a peer to all the other miners.  To everyone else, you are one of the greedy others who is stealing their profits.

I don't know of anyone who has purchased mining equipment after the Batch #2 Avalons who has achieved breakeven, even though everyone has made ROI, whatever their own ROI number is.
198  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: June 29, 2014, 06:49:53 PM
Is there some payout system with Eligius? Do they pay out once in 24 hours, or how do they handle this. Before i had to write a ticket to get 2.4 BTC, and now they are again cumulated 2.8 BTC. I am doing something wrong?

Usually, your miner has a BTC address for the account name.  The shares are credited to this account, and you can view them on the web.  They pay out at a default threshold.  It is all automatic, and the default are reasonable.  The threshold is something like 0.04 BTC at the moment.

If you publish your payout address, anyone can look at the statistics and see if anything seems odd.



Yes i know this, my threshold is set on 0.04 but unlike other pools, this one again don't pay out. My question was if some one does know in which intervals the threshold is being paid out. Every 24 hours, every 2 days or every 3 days. Any one got any ideea?

Actually, it does pay out.  It pays all 25 BTC to miners every block that the pool finds.  What is hard to predict is who it pays.

For example, if a block is orphaned, suddenly those people were not actually paid, so they go back into the queue.  Since they were at the top of the queue before, they are at the top of the queue again, and everybody else is farther down.

Someone with a small mining rig, such as a Batch #2 Avalon  Grin, might earn enough to cross their pay threshold but be 7 days since they were last paid.  The queue is paid out by oldest first, so they might jump to the top of the queue suddenly, and push a large mining rig into a later block.

199  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: June 29, 2014, 03:19:09 PM
Is there some payout system with Eligius? Do they pay out once in 24 hours, or how do they handle this. Before i had to write a ticket to get 2.4 BTC, and now they are again cumulated 2.8 BTC. I am doing something wrong?

Usually, your miner has a BTC address for the account name.  The shares are credited to this account, and you can view them on the web.  They pay out at a default threshold.  It is all automatic, and the default are reasonable.  The threshold is something like 0.04 BTC at the moment.

If you publish your payout address, anyone can look at the statistics and see if anything seems odd.

200  Economy / Computer hardware / Re: Avalon ASIC Batch #2 Income Sharing; arrived and hashing on: June 27, 2014, 11:16:24 PM
I have very mixed feelings about bitcoin at this time. 

During the bubble in Feb. through March 2013 Avalons were being offered for $30,000 on eBay.  It gave me a flush of hope at a very difficult time, and something new to talk about with my wife the last year that she was alive.  It was very difficult for her to form new memories, so every day we had a discussion of "what is bitcoin" and "what is that thing making all that noise." 

At the time, I felt fortunate that I was able to make a bid on a batch #2 machine, and I felt that I was doing a good thing to run the auction and allow others to participate.

The community realization that Avalon would not make their shipping targets ran in parallel my wife's decline.  As she sank into her dementia she increasingly trusted me to take care of her, and to run our household affairs.  This was a major turnaround from most of our marriage, when she was the smarter, stronger, and more organized person.  The more that she needed and trusted me, the more it was apparent that I could not have a professional job and also take care of her, and that the initial euphoria about the Avalon would remain unfulfilled.

Each night she would ask questions, a review of things she knew, as she worked with all her will to hold her mind together.  As the Avalon moved into the region of only paying for electricity, she sometimes asked questions that were deeply disturbing, such as "who are you" and "how many kids do I have."

I tried to build on this consortium experience and my sense that many of you respect me to form a bidders' group for the US Marshals Service auction, which happens to have ended today.  In a time when there is not very much good news from mining, it looked like a very safe effort to raise $200,000 or more, wire it to the Marshals, and bid perhaps $200 to $300 / BTC depending on the amount of money raised. 

It now appears that there are no new consortiums working in bitcoin.  The suits and the money have moved in.  I am crowded out.  I feel like "Harmonica" at the end of Serge Leone's "Once upon a time in the West" and it is time to move on.  This week, even Tuco is dead.

I am very thankful that my group have been publicly supportive of my administration.  You guys are the best in bitcoin land.  I wish there were more of us.


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