If you have such a big problem running bitcoin-qt, you should just use other wallets. Just upload your wallet.dat on https://blockchain.info/wallet/import-walletYou can continue to use blockchain.info, or you can send your bitcoin to a newly created Electrum or Multibit wallet. |
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I recently downloaded the Armory wallet and tried to send BTC from my bitcoin qt wallet. The Armory wallet continually crashes before it can complete set up. Now my btc are in limbo between my wallets. Is it possible to cancel the transaction and return them to my first wallet? Or, send them from the armory wallet without it competing a block index?
Is your tx confirmed? If yes, you may export the private keys in the armory wallet, and import it into other wallets. |
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Greetings 2all !
Today I requested BTC withdrawal from bter.com.
I did it before and always it took several minutes for the TX ID to show ip in the blockchain and up to 1-2 hours to gather confirmations.
Now after 5 hours TX ID is NOT in the blockchain although I see TX ID in withdrawal log on bter.com.
So, my questions are :
1) Have anyone experienced similar issues ? How they ended ?
2) How well bter.com respond to support emails ? Still no reply.
I haven't used bter myself, but from what I heard, the support is not very good.... |
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I have been purchasing small mining contract on Ebay and the yield per contract seems to be @$1.00 per hour at 180Ghz.
I use BTC Guild as a pool with a PPLNS setting with a Minimum Difficulty of 128Ghz.
Hashrate is in GH/s, and there is no unit for pool difficulty. Guess my question here is are there better settings/pools I can use. Also if I join up with a "team" will this increase or decrease the potential yield.
The "team" on btcguild will not affect your mining result at all, and it is solely for fun. You may try other pools that offer merged mining, such as Bitparking.  |
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Thanks for the explanation.. Sonny  Tank you for that important bit of info. I googled 'bitcoin 7 transactions limit' and there is plenty of opinion, discussion, and technical talk to go through.
You are welcome  |
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Regardless of whether mining is profitable or not is irrelevant...without it there would be no Bitcoin.
There is a world of difference between operating existing gear, and buying new hardware. For the existing gear, your capital is already spent. All you need to do is cover power, network and labor. Any earnings above this level recover some portion of the capital you investing into the hardware, so you run it until your power costs exceed income. Even if all you manage is to reduce the amount of your initial investment that is lost, a rational actor runs the gear. For a rational person to buy new equipment there needs to be an expectation that all of the required funds will be recovered, and a profit commensurate with the risk will be earned. With the current difficulty growth rate, and hardware costs, rational people are standing back. Well I guess its the end of Bitcoin then Are you unable to read? Existing miners will continue to operate their hardware and verify transactions regardless of difficulty. There is no 'end of bitcoin'. Just an end of the gold rush. Some are mining for profit. Some are mining for fun. Some are mining to support bitcoin solely. (core dev? someone enthusiastic in bitcoin? big whales?) |
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We don't really know how much hashrate are there mining bitcoin at this moment.
What we can do, is to check the number of blocks found in a certain period (say, 8 hours or 3 days) and estimate the network hashrate.
The shorter the period, the more the variance.
After all, block finding is a random process. We can have 6 blocks in 10 minutes, or no block in 2 hours, but the variance should cancel out (more or less) if we observe the situation over a longer period of time.
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Mining manufacturers are trying to sell you something so they make a profit and you are just collateral damage.
Agree. If you have faith in bitcoin, just buy bitcoin directly. |
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I'm sure you weren't. hey I point my 7970 at [Suspicious link removed], as I'm lazy about altcoins. wish you luck
Thanks for the advise about hashco, it's just what I was looking for! I was using middlecoin but I didn't like how I was forced to convert to BTC. Hashco also looks like an actual website as opposed to a notepad document  . I'll give hashco a try overnight and see how I do. However, I currently only have a BTC wallet and if I want to start banking altcoins I will need other wallets. Is there any programs out there that propagate all of your various alt/bitcoin wallets into one program or do I need to get one program for every altcoin I want to bank? Also, to machinationus, I actually don't pay my electricity bill. I live in an affordable living complex and electricity is paid for. I suppose I could potentially increase the rent for the whole complex if my GPU juiced it that bad, but electricity is definitely not a concern for me (lucky, I know  ) and my PSU is 80+ Bronze for what it's worth. you're wise enough to run every alt wallet in a virtual machine/sandbox... It will be a pain to do so. |
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I was about to purchase a KNC neptune until I ran over the math. https://www.kncminer.com/products/neptune-second-batchIf there not shipping till May - June why would anyone purchase these when the difficulty of bit coin will rise so high? When it would arrive you would only make 2 Bitcoins in your first month.. Less the one in the second then half again the next? With the price at over 12$k with VAT wouldn't you be losing a a lot of cash? http://bitcoinwisdom.com/bitcoin/calculator5-1 – 5-31 (136 days) 15042 M 2.094 2.052 25.14 6-1 – 6-30 (166 days) 33047 M 0.9941 0.9743 26.11 7-1 – 7-31 (197 days) 55850 M 0.4926 0.4827 26.6 8-1 – 8-31 (228 days) 122 G 0.1973 0.1933 26.79 9-1 – 9-30 (258 days) 207 G 0.05148 0.05045 26.84 Am I getting something wrong or have people over looked these facts? It makes sense to mine for the next three months, but after that, it doesn't make sense to mine with any amount of hashing speed because in May / June things fall off fast...from looking at the calculators at least. Are these calculators based on solo mining? Pool mining? Am I looking at this wrong? Some people expected the difficulty to go up 40% a month, some expected it to go up 100% a month. So, different person have a different expected revenue.... |
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Shipment begins in Q1/Q2 of 2014
I hope they can keep to the shipment schedule and start shipment in Mar... |
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CONFIRMED...lol But for real, did Mr lee just recommend that the US government start mining Coins to defend the network? Hello ! What is your source of information ? If your news are real, then the price of the BTC should rise above $1000 next week. Charles Lee the creator of LTC suggested it at this weeks senate meeting. As well as the chick in the third group of speakers on day 2. ITS CONFIRMED! Care to share any link? |
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You'd probably get fucked on ebay buying a spoon. It's not a new thing for miners +1
My OP was eluding to the ads appearing above our posts, on this site, acting like 1500 is a bargain price for a 180gh btc miner.
300 would be more like it. Otherwise save your money and buy the 3th machines or faster ones as they become available.
Those buying mining hardware from eBay doesn't really know much about the situation. They probably don't even understand how difficulty adjustment works. |
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you paid $35/Ghash??  Lol. Because I know something you don't know. Some sort of return policy trick?  Let's just say that I wouldn't have purchased it if I wasn't absolutely sure it would turn a profit (pending killer asteroids or something similar). It seems like you are pretty confident to get a profit from the deal |
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 OP waiting for his $50 bitcoins... If you consider power usage a risk, sell coins ASAP to cover power usage and bank the rest. Simple. I'll put it this way, I have a buddy who had expensive power during the GPU mining rush in 2011. (built over a dozen multi-gpu rigs) He did the math the other day and figured out he paid out BTC during that time that would be worth more than half a million USD today! So in that sense power is nominal. I have cheap power and generally burn ~6KW mining which results in a couple hundred bucks a month of power costs. It just comes down to how large can you scale it? If your profit comes from the expected uprising bitcoin price, I guess it will be better to simply buy bitcoin directly. If your friend didn't buy those gpus, and used part of his money to buy bitcoin in 2011, he would be a millionaire now |
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Actually, price is holding up pretty good considering everything. Not so long ago, things like Chinese pressure on exchanges, Russian statement and especially arresting one of the most prominent names in bitcoin community would produce a lot more unrest.
i dont see how one arrest would cause bitcoin to plummet though.... I don't understand but we did have a few panic sell in the past. |
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It is OK to purchase GH/s from CEX.io !!! Why ? For training You will learn how real mining for Satoshi is without spending thousands of dollars and waiting on pre-orders. You can have your GH/s instant and you can sell them back too. You can exchange your BTC and NMC right there. You can exercise simple but essential operations like withdraw / add funds / TFA security etc. In the end you will find the answer if mining / trading are really for you. It is OK to purchase lottery tickets!!! Why ? For training You will learn how statistical probability works without spending nights actually reading up on math. You can have your ticket instant and you can sell them to your friends at premium if they have repeating digits. You can exercise simple but essential operations like paying cashier/scratching card/driving to store/physical security(of ticket) etc. In the end you will find the answer if continuing to play lottery is really for you. Literally lol |
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Im a noob but i understand the system. Should i buy tt. Will ot make a profit within a month.
Regardless of all the FUD being generated about BFL you will eventually get something that resembles what you ordered a lot later than you thought you would get it. If you want to mine then don't let anyone stop you. Its a free world and you can do what you want. Besides, Bitcoin needs as many miners as it can get its hands on right now. With that being said, do not waste your time with pre-orders until you have some experience. There is plenty of decent hardware "in hand" out there available for purchase at a decent price. FUD? lol . FYR: https://forums.butterflylabs.com/blogs/bfl_jody/314-friday-august-30-2013-shipping-update-posted-saturday.htmlFriday, August 30, 2013 Shipping Update
Jalapenos: Feb 12-14, 2013
Little Singles: Nov. 5, 2012
Singles: July 23, 2012 pay date
MiniRigs: for June 27 (2nd 500gh/s unit) and July 28 for 1st 500 gh/s
After sending your bitcoin in June 2012 for MiniRigs, you can finally get the products in Aug 30, 2013 lol. |
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Holy crap, how is that even possible now a days?
It is possible because it is a pool, not an individual solo mining. |
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Yeah, wait until their new TOS comes into effect. I predict a bloodbath will ensue, due to the restrictive nature of the new terms, such as having to provide id's.
It would be interesting to see how the new ToS affect the hashrate price. |
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