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21  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN][LTC][Pool][PPLNS] - ltc.kattare.com - burnside's Litecoin Mining Pool on: June 11, 2013, 09:54:03 AM
Hey Burnside,
Id just like to thank you for the stratum support.  Been mining away for the last 48 hours with it and my stales are down from 20% to 0.1%.  Fantastic job man, hopefully this will encourage more miners back to the pool.
22  Other / Beginners & Help / Re: Listen to bitcoins! on: June 11, 2013, 09:52:49 AM
So pointless, yet so awesome.  Wish I had thought of it!
23  Other / Beginners & Help / Re: *UK Bitcoin swap meet* on: June 10, 2013, 08:38:38 PM
I don't think the Government can actually do anything about it. As far as I am aware we have free trade and for any item to be illegal to trade i.e. firearms, drugs, first they must be defined as illegal.

I am not aware of any UK rulings on Crypto currency defining it let alone making it illegal to trade? Please tell me if I have missed something, I know the scene is moving at a fast pace and I know they are concerned regarding money laundering and tax evasion.

I don't envisage armoured trucks full of cash in the field  Grin


The only thing I remember hearing so far that may be relevant is that any profits made from cryptocurrency related activities are liable for capital gains and income taxes etc. so watch out for the revenue turning up at your car boot sale  Grin
24  Other / Beginners & Help / Re: HUMONGOUS Lawsuit against Butterfly Labs is Back (I) on: June 10, 2013, 07:42:11 PM
Ive never actually dealt with BFL but what did it say in their terms and conditions of sale?  or whatever contract was made between the buyers and BFL?  Im sure some sort of breach of contract must have occurred somewhere. 

On the other hand, if you gave them your money and then never asked for it back do you really have much to complain about? It would be different if they had refused to give you a refund after they missed the expected shipping date, but by sitting waiting for them to ship and not demanding any money back you're basically saying that what they are doing is ok.
25  Other / Beginners & Help / Re: How about a dedicated Beggers forum? on: June 10, 2013, 10:24:23 AM
How about a dedicated "move out of your parents' house and get a job" forum?

Who needs a job when youv'e got bitcoins and your parents give you free electricity  Grin
26  Other / Beginners & Help / Re: The Official "First Word that Pops Into Your Head" Thread™ | Get Out of Jail! on: June 10, 2013, 10:12:16 AM
gun

3D-Printer
27  Other / Beginners & Help / Re: Your being spied on. on: June 10, 2013, 10:01:04 AM
Don't worry I've already got my tinfoil hat on.
28  Other / Beginners & Help / Re: GPU options: single 7950 or 2x7850 on: June 10, 2013, 09:57:35 AM
You've also gotta think ahead, if you decide in the future to expand your mining operation then having one slot already taken up instead of two will be a big bonus.  I personally found my 7950 (MSI Twin Frozr iii) easier to undervolt than my 7850 (Radeon) so I can drop the power consumption of that card even more.
29  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][Multi-Coin][Stratum] multipool.in - Always Mine the most profitable coin on: June 08, 2013, 11:08:25 AM
Hey,
So I just started mining with your pool last night on the multiport.  Everything seems to be going fine so far, I have seen the port jump coins several times without problem and I seem to be make a few coins.  I love the idea of always being able to mine the most valuable coin, but my question is how best to actually profit from it?

 Should I be withdrawing every few coins and exchanging them in order to take advantage of the better exchange rate; that seems like a rather time-intensive effort for the user to be constantly monitoring and exchanging.  Or do I hold my mined coins on the assumption that the price will fluctuate back up again in a day or two?  Is there a limit to how often I can withdraw coins from my pool account?

How do other miners in this pool operate to take advantage of its core benefit (aka automatic switching to profitable coins)?
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