Ok, make that 9 BTC

Thanks

Sigh, another thief? has this been verified? Still no response for the guy that sent him 1 BTC?

bump, bump

Sounds interesting... normally i shy away from pay pal... with the chargebacks and all. still looking for 6?

*bump* anyone else from the island?

And up goes the difficulty again... nearly doubled both times... hmm... I wonder if it'll jump in a week again, or if this jump took care of enough of that flood of extra capacity.

Dear ATI/AMD: we need another doubling in hashing power, please drop a die shrink of cayman before you go all 'tesla like' in your CTM endeavours. Thanks.

dsp

Good to hear It's just a shame i am a province away. But then again, for future it's good to have an idea of where some Canadian Traders are.

Hey all.. any status updates on the issues?

Hope its going better then it was.

Have 10 BTC to sell, going for a slight discount off the Tradehill / Mt Gox avg. PM me if interested.

Totally willing to do face to face if on the island, west coast Island that is. Not the rock.

Willing to sell smaller amounts as well, if you prefer.

Oh and cause i used to live in Winnipeg... Go Jets Go!  - Feels nice to be able to say that again.



***Edit*** - 13 BTC for sale currently... Personally i prefer to send a small amount (.01 BTC) first, to make sure I got your payment address correct - before sending the full order.
It sucks to have something go off wrong because of a botched cut and paste on either end.

Thanks all.

Same here... low quantities though.. i am in BC. e-interac is the way to go.. no fees, no worries on charge backs.. and we can keep it Canadian cause it's only offered through Canadian Banks.
PM me or Max.. if interested

Thanks.

Well... in a perfect world... you would see people with the lowest costs stay around, while those with higher costs per Mhash would leave... That being said, if people are in it for the money, and that is how they get their utility from mining, they would be more likely to drop out compared to those who do it for the... 'lulz' (too soon?)

But, if the transaction count increases as the creator intended, then there does come a point in time where a new block is worth more then 50 BTC, but in transaction fees as opposed to newly minted coins. However, BTCs need to actually be used as a currency for that to happen... Rather then just a weird freak commodity like most treat it now. But thats a whole other story.

When you tried your 3 x 5970... what sort of motherboard and powersupply were you using? let me look into it. Also, what symptoms when you went to boot with the 3 cards in?

But a 43% gain in hashing power versus what growth in difficulty? The way I see it without breaking out a calculator, is that the difficulty has increased by at least 43% if not more... Wasn't it like 5xxxxx vs now 8xxxxx? Which would be something akin to a 60% increase in difficulty (pulling it right out of my axx, as I don't know if 'difficulty' as reported is a linear progression or not - but the numbers seem to indicate it is)

So with a 60% increase in difficulty on a sufficiently large sample of blocks, the 43% increase in hashing power wouldn't cover the increase in difficulty fully. So that means blocks solved on average goes down per unit of time (averaged over a given amount of time that is sufficient to show a proper distribution) and our payouts based on a smaller proportion of shares and a smaller number of solved blocks faces a double whammy deflator.

If however difficulty growth = hashing growth, then we would solve the same number of blocks as a pool, and yet still receive smaller payouts unless our personal hashing increased to match the pool.

Sadly, with the amount of horsepower that came online after the BTC spike, and the media coverage... Expect that the next difficulty increase may be even higher then this one. The system is designed to balance the amount of blocks generated to a certain rate, accounting for increased processing power.... Which means conversely, that if a bunch of people decide instead that because BTCs have dropped, and Mt Gox had its blow up, etc that they will return their hardware to new egg, sell it off, etc... That it is possible (albeit unlikely) for difficulty to go down if there isn't sufficient hashing power to meet the desired rate of solved blocks.

However, the trend will be that difficulty increases every few weeks, and thus our shares will be more and more expensive in terms of heat / electricity / etc.

Aside from the odd connection issue:

Difficulty has doubled (almost i think) so any growth in the pool would have to take that into consideration... Further, as pool hashing increases in magnitude, unless your hashing personally has increased to match, you represent a smaller part of the solution then what you once did. This combined with the increased difficulty means that your contribution in shares is less as a proportion of the total shares req'd for solution; therefore lower payouts.

So long story short, if the pool doubles in power, and difficulty also doubles, then you will get less payout then what you did before on average. Welcome to the difficulty conundrum, and why so many are getting out of mining period. The difficulty is not likely to ever get easier from here till the end.

So how long was it down for? and do we stop work on the block we were on and move to a new one? or are we finishing the block that we were working on? or?

thanks

That's because the 3 x 5970 = 6 x gpu... Not sure if its possible to get working in Windows at all, possibly it may work in Linux... However, beyond my current skill set if indeed there are headaches with system resources involved.

Hmm.. perhaps then I will have to follow your lead and see what i can do for interac Money transfers... as they are so the way to go in canada. Dick all for fees, and very short turn around time.

Thanks.

Well, I am in Canada, so pretty far from bitcoins.lc geographically; and since I last restarted - 14147 shares accepted and 31 stale / rejected... that's 0.2%...

Not sure why some are having problems... i am just using Guiminer pulling 320-330MH/s on my 6950. I've never had an issue with stale/invalid shares.

So no shipping to Canada I take it? Customs issues I'd imagine?

Any Luck Max? I am looking to do same, gotta pay my hydro bill... lol. And interac money transfer is an awesome way to do it.  I need to sell 10 myself... not worth going through an exchange and then US banks.


(Currently In BC).

Anywho; good luck and hope you find a buyer!