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You should offer more of an incentive. Try 1 btc instead of 0.1btc since after all you will be making money off this.
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Start a fake company that is going to release an ASIC 'soon' and offer pre-orders though bitcoin.
Be sure to post non-relevant and photoshopped pictures of electronics, as well as bogus stat tables that don't make any sense to any sane electronics-savvy person to convince people.
Watch the preorders flow in.
You forgot to tell them to increase the advertised speeds of the asics by 50% when people start questioning your legitimacy |
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yes, a high enough number solves a block  but as far as payment from most pools currently they work on 1 share not the difficulty of the share So why am I making alot more coins with proportional? Is it because of luck that curently they are solving blocks quicker? OR is it that I am personally lucky by helping solve large chunks of the block ? |
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So the higher the number the better it is then? Im so confused lol. All I know is im making far more today with proportional than I am with PPS. More than triple.
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Clearly, judging by the shadows, these photos were taken on the moon...
llolol |
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Right now? It's just useless information that's kinda cool to see. Most pools are based off Diff 1 shares, so any share you see is adding toward your prop payout.
What do you mean its useless information if the higher the number the more I get paid? I got a 6500/1 share and was wondering how much that would add compared to getting a 2/1 share |
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1. Get money from preorders.
2. Build Asics with preordered money
3. Delay release month after month
4. Mine with preordered asics while delaying
5. Eventually give the asics to their customers.
6. Double/Triple/Quadruple (or more) your profit rather than just selling the asics right away
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When I use the new cgminer it tells me the difficulty of each share. How does this effect my payout when im using the proportional payout with my pool? I know the basics such as the more I contribute the more i get paid but im trying to figure out how th difference in numbers such as ie. Diff 3/1 or Diff 30/1 mean to my payout.
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They need another month to mine with your preordered asics. Then they'll ship them after they make huge amounts of coins. Sry guys  |
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Is there a cgminer for litecoin? And if so is it the best one for solo mining litecoin? Where can I get it? IVe been on the cgminer site but cant find a litecoin one
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I got a share that registered a diff of 7.58M  That was a block solve for mtred since current difficulty is just over 3 million. What does that mean? Does it mean you make more coins or something? |
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So then it would have to be regulated.
Huh? Were you thinking that the dollars in your wallet are in some way instrumental to tax collection? Because they aren't. You really need to re read my comments. Heh, I did. Maybe you should read them again. Then learn to read. And then go re re read them. You are saying the exact opposite of what I am saying so clearly you arent reading them. |
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So then it would have to be regulated.
Huh? Were you thinking that the dollars in your wallet are in some way instrumental to tax collection? Because they aren't. You really need to re read my comments. |
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Bitcoin is nothing but a fun currency or a way to purchase things illegally. Face it, even if it were to "take off" the govt would shut it down.
Which govt... ( there are more than one and they tend not to get along too well most times. ) And how do you turn off something that doesn't have an "off" switch? Bitcoin doesn't even require "the internet". First world govt's. You dont "turn it off" you make it illegal. It wont stop completely obviously but no real business will touch it ever if its illegal. Most people will also stop using bitcoin if it becomes illegal. Bitcoin does require the internet. How do you think coins originate? I always get a chuckle when I hear people talk about making bitcoin illegal. What part could they outlaw? ECDSA? IF bitcoin "took over" how do you think the govt would fund road repairs and every govt expenditure etc etc? I mean be realistic. You honestly think a deregulated currecny woudl be good in the long run??? I dont think the federal reserve is any good but you need regulation and law enforcement. Probably with taxes. So then it would have to be regulated. |
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Bitcoin is nothing but a fun currency or a way to purchase things illegally. Face it, even if it were to "take off" the govt would shut it down.
Which govt... ( there are more than one and they tend not to get along too well most times. ) And how do you turn off something that doesn't have an "off" switch? Bitcoin doesn't even require "the internet". First world govt's. You dont "turn it off" you make it illegal. It wont stop completely obviously but no real business will touch it ever if its illegal. Most people will also stop using bitcoin if it becomes illegal. Bitcoin does require the internet. How do you think coins originate? I always get a chuckle when I hear people talk about making bitcoin illegal. What part could they outlaw? ECDSA? IF bitcoin "took over" how do you think the govt would fund road repairs and every govt expenditure etc etc? I mean be realistic. You honestly think a deregulated currecny woudl be good in the long run??? I dont think the federal reserve is any good but you need regulation and law enforcement. |
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This just in. You'll only get some rain and some wind from this Category 1 hurricane. Unless you live in a straw house. What you do is take your bitcoin to yoru local grocery store and buy food and water.....oh wait
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Bitcoin is nothing but a fun currency or a way to purchase things illegally. Face it, even if it were to "take off" the govt would shut it down.
Which govt... ( there are more than one and they tend not to get along too well most times. ) And how do you turn off something that doesn't have an "off" switch? Bitcoin doesn't even require "the internet". First world govt's. You dont "turn it off" you make it illegal. It wont stop completely obviously but no real business will touch it ever if its illegal. Most people will also stop using bitcoin if it becomes illegal. Bitcoin does require the internet. How do you think coins originate? |
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Bitcoin is nothing but a fun currency or a way to purchase things illegally. Face it, even if it were to "take off" the govt would shut it down. The ones who disagree with me are just being naive.
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It from $5 to $10 a few weeks ago because someone thought halving production rate would halve bitcoin offer, but does it really?
According to any logic after halving the production rate the price should double after that (slowly/or not). Logic says the effect of a reduction of 25 BTC will be undetectable -- there is 10 million BTC in circulation. Also, don't forget that the actual amount of BTC is 21 million. Unmined BTC already exists, but it hasn't be put into circulation yet. BTC prices depend on supply and demand. If you assume that 10% of mined bitcoins are sold immediately on MtGox, then a drop of 25 BTC in the block reward will cause a 1% drop in the supply of BTC on MtGox. Again, logic says that the effect will be undetectable. Now, show me your logic. So you are making assumptions then calling it logic? |
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Bitcoin is international, so good luck for the governments or the banks to stop it.
They can always shut down the Internet. Google shut down in China for a few days last year lol. |
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