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When will BitSimple be open to the public?
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Absolutely. I didn't realize this restriction had been lifted, but I had been thinking the whitelisting was just a little bit too free lately.
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I KNEW I WAS RIGHT!
Yes that was the important part. Not the fact that none of Satoshi's accounts have been active for more than two years and there was a post by one of them in the last thirty minutes. Wow. Satoshi has not communicated since before I even heard of Bitcoin. Wow. Just wow. |
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http://en.wikipedia.org/wiki/Satoshi_NakamotoDorian S. NakamotoThough Nakamato's identity was a source of speculation since the launch of Bitcoin in 2008, an article in the news magazine Newsweek by Leah McGrath Goodman, published March 6, 2014, made the case that his true identity was Dorian Prentice Satoshi Nakamoto (born 1949), a Japanese American man living in California. It is true that Newsweek made that case. It is not necessarily given that the case is correct. Wikipedia is just factually reporting, here. |
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This is pathetic: It turned out that the issue was about not carrying over $10,000 if you are traveling internationally. ... As soon as the agents realized that Barker was not traveling internationally, the left. They don't even recognize their own self-imposed limits on their jurisdiction. The fact that they are official and wear hats and were appointed by those who won popularity contests does not make this invasion of privacy any less intrusive or any more beneficial. |
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Sorry, guys and gals, it is a requirement for all international travel. You have to declare the movement of $10K or more. We should be happy they are recognizing the bitcoin as a store of value. No, I'm not happy at any invasion of anybody's privacy. I don't need official recognition of value - I'm a grown up and can decide for myself what is valuable. The presumption that nobody should be able to move large amounts of value without government oversight is incredibly oppressive. That people don't see this is chilling. |
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Not sure if it was a network blip or what it was. It looks like everyone are connected again?
I am ... thanks, DrHaribo; you are the best! |
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And just as soon as I said it, I'm unable to connect again.
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Are we down? I can't connect, and pool hash power is dropping precipitously.
Website is up.
I contacted the anti ddos people. Let's see if they can figure it out. It looks like some users were unable to connect but are getting back a few at a time. Mine reconnected just now. Thanks, Doc! |
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Are we down? I can't connect, and pool hash power is dropping precipitously.
Website is up.
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Somebody needs to get Wil Wheaton interested.
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Now that's a great service - thanks!
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Can somebody explain for me (or link to an explanation) the reason for the extra long shift that ended at 2014-01-03 02:10? I understand some server moves have been going on ... were we down for awhile? My bfgminer crashed at that time and I only submitted minimal work for that shift before I realized and came back up.
Yes, the data center outage caused mining to stop for a while and that's the reason we took longer to finish one of the shifts. Try the latest version of bfgminer, hopefully the crashing when being disconnected is fixed. Thanks as always, Doc! I may try upgrading bfgminer ... this is actually the first crash I have ever seen. It's held solid through downtimes before, believe it or not. I was shocked. |
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Can somebody explain for me (or link to an explanation) the reason for the extra long shift that ended at 2014-01-03 02:10? I understand some server moves have been going on ... were we down for awhile? My bfgminer crashed at that time and I only submitted minimal work for that shift before I realized and came back up.
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some of our effort will be lost now. Not all lottery tickets are winners. Every share you submit is like a lottery ticket. It's as simple as that. We pooled our resources, bought several million lottery tickets, and none of them were winners. Our effort was lost. Bummer! But, on average, we'll keep winning a certain percentage of the time, so I'm going to keep buying tickets. No kidding? I don't want to win with every ticket. I'm not saying that. "PPLNS - Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries. " PPLNS - is protecting miners from "lottery ticket" effect. Because in the long run probability to "win" is as high as your hash-rate is compared to networks. All i want to say is it would be better to hold loyal miners and value their effort. The reward has to come out of blocks actually found. In the long run it wont matter for the stable miners, Exactly! and there would be less pool hoppers if they know that their effort wont get lost. But effort will always be lost when blocks are not found and there is no way to change that. |
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some of our effort will be lost now. Not all lottery tickets are winners. Every share you submit is like a lottery ticket. It's as simple as that. We pooled our resources, bought several million lottery tickets, and none of them were winners. Our effort was lost. Bummer! But, on average, we'll keep winning a certain percentage of the time, so I'm going to keep buying tickets. |
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You need to stop this before you lose even more people hashing on your network. I see the total has dropped a lot on your network, it's down to 418 now from 480 something. It's been more than 12 hours and I haven't seen a single payout, I am going to leave it until I return from work today and if its not producing anything I am drop you in a heartbeat.
Sorry but when you make these radical changes you have to understand it's not always for the best. People who make tried to make things better even though things are working just fine have lost their shirts.
I haven't made any change at all. It has always worked this way. It's not that it isn't producing anything. Please read the link I posted it explains how the payouts work. DrH, keep up the great work! |
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From site: "Your work is recorded in shifts. When we create a new block you get a share of the income proportional to how much of the work in the last 10 completed shifts is yours." Why is it good to have ~1h shifts? Average block finding rate should be ~4h Calculations: Diff*2^32/hashrate/time in seconds 1418481395*2^32/420000000000000/3600 = ~4(h) Now we are having ~20h run to get block and there has been way more than 10 shifts in it - some of our effort will be lost now. Maybe shifts should be 4h or smt like that?  Shifts were 40 minutes when I joined. You can view the complete shift history back to the beginning of bitminter. It's a constant amount of work, not a constant amount of time. And the fact of the matter is that when we work together for a long time without finding a block, none of us get rewarded. It's as simple as that, and no tweaks to the rules can change it. When we don't find a block, work is "lost," period. Work doesn't automatically have value. |
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I've restarted mining on Testnet with Bitcoin-qt and while the hash power of the network is around 80 Ghash, very few of my mined blocks get confirmed. So far none- and the vast majority get orphaned. I'm wondering if someone is just sitting around trying to mine them all perhaps? :-)
I never had this problem when I was mining testnet, but it's been awhile. It's not me!  |
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Why is the withdrawal fee for bitcoins so high?
Because Bitcoin value has skyrocketed since the last time they lower it.. |
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