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21  Economy / Service Discussion / Re: PBmining - legit? on: April 10, 2014, 02:16:51 AM
I just decided to BLAST twitter with referral links....might as well add 'piggies' to the ponzi so I earn more btc faster Smiley, then I can GTFO
I hope you understand that by doing that after understanding that it is a ponzi you become part of the problem and complicit with the scam. Put the shovel away, you're digging yourself an even bigger hole to fall into.
22  Economy / Service Discussion / Re: PBmining - legit? on: April 10, 2014, 12:54:10 AM
One interesting thing to consider is that everyone selling you cloud mining or hardware expects that it is a better investment for them to have your money than the hashing for themselves. So they may be selling you on the "big returns" when in fact they believe just the opposite.
Money now is worth more than money later.  It can help them stay ahead of the game in hardware purchases since their payback has less lag than mining (roughly 3 months given lots of assumptions).
As hashrate costs decrease over time, the oldest contracts will trend towards very low cost for them too.
They could be mining heavily on their own as well, I don't know.  This would be a good way to mitigate short term risk with a % of your mining hw in that case.
which is what I said earlier about them

There is a valid case for this being a legitimate business model. I just find it rather far fetched given the numerous other factors brought up in this thread. You might want to go back and read the thread if you are curious.
23  Bitcoin / Pools / Re: [7000 TH] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers on: April 09, 2014, 11:04:33 PM
and logging there would likely show some patterns of attack.

That's the problem with this SSL/TLS vulnerability, there would be no logging, as it can't be detected when the exposed data is captured.

Glad to hear BTC Guild is on top of it, as usual.

What I meant was that there would be logs on the server indicating https traffic. In the case of bitcoind rpc traffic there is not. You wouldn't have direct evidence that https was compromised but you would have more than with bitcoind.
24  Economy / Service Discussion / Re: PBmining - legit? on: April 09, 2014, 08:50:51 PM
One interesting thing to consider is that everyone selling you cloud mining or hardware expects that it is a better investment for them to have your money than the hashing for themselves. So they may be selling you on the "big returns" when in fact they believe just the opposite.
25  Bitcoin / Pools / Re: [7000 TH] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers on: April 09, 2014, 06:51:31 PM
Does anyone know if BTCGuild and Scryptguild is affected by the OpenSSL vulnerability?

That's only a problem if the Bitcond is using SSL/TLS right?  We are not mining against BTC Guilds Bitcoind via SSL/TLS so it shouldn't be an issue, as far as I know?!?
Right. The fix for bitcoind would harden them from an internal attacker, but they'd already be compromised at that point.

Now the SSL on the website is a different story, but that's also trivial to fix, and logging there would likely show some patterns of attack.

This whole thing is serious, but there are also people looking to make some cash on the fear mongering.
26  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: April 08, 2014, 11:03:09 PM
Google DNS doesn't know where it is. OpenDNS has about half their servers thinking it doesn't exist and the other half think it is at the IP I referenced earlier, which is the same one you listed there.

It may be part of a larger DNS problem, but I haven't noticed any other sites experiencing this, not that I am visiting a lot of different sites right now.
27  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: April 08, 2014, 10:40:14 PM
It is unlikely the SSL issue caused their DNS to fail, their MX entry to be deleted, etc.

I patched a number of Linux machines today. The outage was no slower than bouncing services to take advantage of the new libraries.
28  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: April 08, 2014, 08:53:53 PM
I wouldn't worry any more (yet) than we already are. It could be easily explained as a website move that just wasn't planned very well. Although, lack of planning could be seen by some as a pattern.
29  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: April 08, 2014, 08:43:44 PM
BTC isn't going to soar 100x its current value anymore.

 Shocked ¿this affirmation is based in some data or anything?
Im not delusional, if you think we will see 50,000$ a Bitcoin you are out of your mind. I would LOVE for you to prove me wrong as i would be rich since im a long term holder.

You have to consider the relative strength of the dollar you list as well. Few people see a future that doesn't involve a significant amount of inflation.
30  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: April 08, 2014, 08:41:18 PM
Looks like their DNS is messed up.

http://whois.domaintools.com/blackarrowsoftware.com

If you go to http://cachecheck.opendns.com/ it lists some IP addresses for them, one of which leads to their old store closed page. http://91.205.173.3/store/


31  Economy / Service Discussion / Re: PBmining - legit? on: April 08, 2014, 08:15:50 PM

[snip]


English is obviously not your native language. You do have referral advertisements and links on your site. Added to my ignore list, don't bother to respond to me, but feel free to continue the debate with yourself and others if you like.
32  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: April 08, 2014, 07:52:07 PM
BTC isn't going to soar 100x its current value anymore.

 Shocked ¿this affirmation is based in some data or anything?

Religion/faith/wishful thinking. He's probably making decisions based on this belief, so to admit he might be wrong would be to acknowledge that he doesn't know everything. Which he obviously does.

Man I'm just tired of ignorance today..
33  Economy / Service Discussion / Re: PBmining - legit? on: April 08, 2014, 07:47:42 PM
I looked at your site before responding. It is a review site. It is the job of a review site to fully explore each product and then provide a recommendation, which you do. That's bias. You are much harsher about CEX than PBmining and I think you are completely wrong about that. With CEX you can get in and change your mind in a day and get back out, its been time tested, and it is adding features you complain about. With PBmining there is no getting out of it. It is my opinion that your review scores (bias) are based on the expected referral income you could get (you have no referral/advertising link on CEX) rather than on the respective qualities of each. Any investment where you openly admit that there is the possibility they will walk away with your money is a high risk investment and should be rated as such.

My opinion. Not telling you how to run your site though. You can do and say whatever you like, obviously.
34  Economy / Service Discussion / Re: PBmining - legit? on: April 08, 2014, 07:21:35 PM

Having a clear stake in pbmining.com yourself, I therefor find it hard to take your statement free of potential bias.

<sarcasm>
Naw, they are the [self-proclaimed] "#1 CLOUD MINING REVIEW SITE" out there. They wouldn't lead you down the wrong path for a referral!

legit, man, totally legit
</sarcasm>
35  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: April 08, 2014, 06:03:40 PM
Heh. Getting this here:

504 Host www.blackarrowsoftware.com lookup failed: Permanent name server failure

The following error occurred while trying to access http://www.blackarrowsoftware.com/:

504 Host www.blackarrowsoftware.com lookup failed: Permanent name server failure
36  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: April 08, 2014, 02:01:00 PM

+1 for this
There are too many people outside which have free electricity or just can not calculate  Roll Eyes

It's not just as simple as that. Many people are speculating that BTC will increase in value as it continues to become more popular. For .893 BTC they can get a device that should get 10% "interest" in a several months and still have intrinsic value to them or someone else (to sell). They DO NOT think in fiat. They don't have to sell BTC to pay their electric bill, nor would they, because they believe it will turn into the million dollar pizza deal again at some point. Why did you pay BTC for electricity when you could buy a car with that much BTC today (5-10 years later, for example)? At any rate, that 10% "interest" on a BTC investment even before a hardware resale is better than putting cash or even BTC in a bank at 0.4% or 0% interest, which is below the point of inflation.

By making this statement, BA demonstrates that they don't understand the mindset of speculators, which includes their customers. It doesn't matter if you or I agree with this 100% or not. The fact remains that many people mining believe it, and mining won't stop unless and until the value of Bitcoin drops back to near nothing with no hopes of ever recovering.
37  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: April 07, 2014, 06:10:12 PM
What a wonderful idea. Perfect companion to my BFL mugs that I never use!
38  Bitcoin / Pools / Re: [47 TH] mmpool.org - 1.5% fee split DGM/PPS - tx fees/vardiff/merge mining/tor on: April 07, 2014, 01:40:53 PM
I think the only thing left that this pool needs to sell itself is to get out of this luck funk.

EclipseMC does PPS at 5%. From what I can tell the pools that have lower percentages are doing some kind of hybrid where they don't intend to actually pay out PPS until they solve a block, which kind of defeats the purpose.
39  Bitcoin / Pools / Re: [47 TH] mmpool.org - 1.5% fee split DGM/PPS - tx fees/vardiff/merge mining/tor on: April 07, 2014, 11:43:19 AM
mmpool, you could implement a referall system. So if you refer someone you get 5% of their earnings or 1 of every 1000 shares or something

Where would the coin come from for the referral? The pool is already running a deficit.

40  Bitcoin / Pools / Re: [47 TH] mmpool.org - 1.5% fee split DGM/PPS - tx fees/vardiff/merge mining on: April 06, 2014, 04:32:13 AM
It is exciting to see changes on this pool. I personally think that DGM is the most fair payment method, and the option to merge mine coins or not should be in the hands of the miner as it is here, not the pool operator to say whether or not a coin has value. I'm looking forward to seeing the increase in interest that this pool deserves.
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