All those POS coins are doing pretty well. If we just stop adding new coins then the price most go out and you create a shortes of coins.
yes indeed to many coins being generated for the current demand. I think the supply should be halved asap. Would like to hear the opinion from the dev team about this (earthcoin account) What are the pros and cons I'm working on a writeup on that very subject. I will have it under the news thread before the week is out. There are a lot of things about the concept of this coin that seem to not be well iterated to the public. I'm trying to fix that. It will be a fairly long post. And yes, I'll post it under the earthcoin account. |
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Does anyone have a comprehensive excel file on how these 5 year contracts play out?  Not a real one. That would require predicting the future accurately. So far the very best prognosticators have been off significantly after about three months. The ASIC arms race is just out of the iron age and hitting the industrial revolution, so you pays your money and you takes your chance. Regardless of the vendor. |
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Are the devs still working in EAC?
Yes, we are. Not going as fast as any of us or you would like, but we are still on it. Pretty hard, actually. Give us a bit more time  |
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Dev team.. dev team.. there is no dev team this coin has much potential but with no devs arround it won't happen. Were are Wes and Norb?? haven't seen them arround sinds that chat session about the premine... they only responded because they were affraid for a witchhunt imo. Biomech great addition to earthcoin but he has nothing to speak about anymore I think. We were promised a weekly update on progress etc. Current dev team realy failed they have had there chance!! I mined and bought at 150 at 100 at 70 at 50 at 40 at 20 at 10. Since then no progress at all in the core developement. We have a great name great site earthcointalk earthazaar a android wallet but it all failes because of the current dev team! I realy hope that John the original founder of earthcoin reads this, please come back and help earthcoin back on track. Help us John you're our only hope! Sorry, Real Life has come down on me like a ton of boulders. I do try to post something every week.. But as for official updates the best I got right now is that we are working on an outreach to charities, a plan to implement the coin in developing nations as a payment platform and easy exchange, and that the programmers are very close to finishing a new wallet. They are also trying to get out an update of the current one compiled against a heartbleed safe version of openSSL, but might be ready to go with the new wallet @ around the same time. There are some other projects as well, but right now they are too tentative to be revealed. We always aim for the longer term, but right at this moment there is a lot of activity, but not a lot of progress. We does what we can... |
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What's wrong with the handle, if I may ask? I've used it for over 20 years.
Nothing, just my rambling  just a twisted way to point to the "bio" part of my argument, not really an actual connection  Ah. I ramble far too much to argue with that |
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Have wondered why a guy with the handle "Biomech" seems to have some insights??
Biomech has admitted elsewhere his profitability comes from referrals. It's obvious he's just pushing PB to increase his referral income. The rest of your post is entirely irrelevant to the issues at hand. Never said otherwise, nor implied it. The question at hand was whether or not PB is mining. Not whether or not I got lucky on referrals. If you believe the company is legit and you are NOT using that avenue of revenue gathering, then I would have to wonder why not. Unfortunately, the more I trumpet them the less referrals I seem to get |
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Guys, this is becoming tiresome  Nobody (almost  ) knows what PB is doing or using for power source, so all those models could simply be way off track. Some of you can't seem to even acknowledge the very wide electricity producing methods and choices out there, for gods sake! It doesn't take that much to power to keep a couple hundreds TH/s running - it's all to feasible with small scale solar or wind solutions, not to mention natural occurring geothermal advantages some locations have and ... to say the least, bio-gas! Either from pig shit or any other form of farm-related waste that can be treated and used to mass produce electricity. Have wondered why a guy with the handle "Biomech" seems to have some insights?? Any clues from the fact PB seems to be rather fond of pigs?? PB could actually be saving a lot of real dollars (Canadian) on waste treatment and disposal - and even making some extra money by undertaking it's neighborhoods waste in! And has they do, they get even more power capability, hence sustaining the growth and the business model. Making the investment in Bitcoin mining hardware and using dirt cheap power to run them might just well be another revenue stream (and maybe not even the most profitable one) Please don't troll about profitability any longer - you simply don't have the facts. If you don't believe it, don't use it. Plain and simple. But don't come around pretending to be a knight in a crusade against evil-doers, please. Nobody here is innocent and dumb enough for it. The discussion is healthy only as long as it remains relevant - some of it isn't, already. Cheers Hadn't thought of the pigshit angle Not my preferred method of power generation, but it would work... What's wrong with the handle, if I may ask? I've used it for over 20 years. |
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+100 The CGA team is not easy. They work hard. 【Couple of typos. Hard to type one handed while feeding the baby】This is the bright spot She's asleep beside me now here she was a scant few months ago |
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I agree with you that you can use this thread in any way which is related to the service. But it's also true that this specific topic of yours has been broadly discussed so many times. You can just go back and see what users were asking and what PBMining answered. They are not going to disclose their business plan or any other information on their operation. That's it. It's your choice to decide whether you want to trust them and invest some money or whether you don't trust them and don't invest money.
I have almost 90 GHS with them. Am I sure this is not a scam? No, I am not. But I am willing to take the risk.
Are other services more reliable? Not really. As long as you have your bitcoins in the cloud, no service is reliable. Take CEX as an example. They seem to be more reliable but what prohibits them to just unplug everything tomorrow and keep your bitcoins? Nothing. Do you personally know them? Do you know where to sue them in case they take your bitcoins? No...it's basically the same exact risk you have with PBMining.
I'm sorry but trawling through 960 responses for a very specific point seems rather over zealous. Unlike many others I do not have unlimited time to read through what is mostly of uninformative substance. Of course it's my choice - no one ever said it wasn't. Doesn't mean I am not allowed to ask for further information. Cex is irrelevant - I have not mentioned Cex once. I am evaluating PBmining based on its merits and solely on its merits and not in comparison to any other site. And just for the record - to refute your final statement there is more risk if it can't be proved that mining is occurring. Take this for what it's worth, because I gave my word to not reveal everything I've been told. But I am completely satisfied that they are indeed mining, and I've a good idea what their model is. I did NOT specifically verify the model I'm proposing here, but they did say I was on the right track. This addresses the electricity angle as well. I now personally know who the people behind PBmining are. I gave my word, so will not reveal that. They feel, and I agree, that due to the small size of their operation and the large probability of being attacked by hackers and other ne'er-do-wells that they have a large security risk by being public. They are indeed mining. It is my thought, again this part is unverified, that they are purchasing somewhere in the neighborhood of twice the hashpower that they sell. This gives them a good margin and a good profit above the costs of operation, thus the ability to sustain. The model being sell enough to keep ahead of the difficulty curve and purchase new and better hardware as necessary and possible. They are running a decent sized farm. If you do the math, even if they are only purchasing 125% of what they resell, they are able to keep ahead of the electricity/difficulty curve and continually expand. This also allows them to turn off or retarget obsolete hardware as it becomes unprofitable while still maintaining the contracts as stated. Of course, you have little better idea of who I am than you do of them, though my real identity is known to the forum. Nevertheless, I am certain they are the real deal, and I will continue to both buy from them and promote their service. Come to me my piggies!!! Edit: Due to the Chuck Norris comments earlier, thought I'd clarify. That is me in the avatar, though I cut off my hair and regrew it since then. It's not blonde without a bottle, so I look a bit different right now I don't see the resemblence, personally, but I sure won't be offended by the comparison! Chuck might, though. As long as it's not Mark K from Gox's new venture.. Good to know that the people behind PBM are known to at least some forum members. Cheers, D I wouldn't knowingly endorse somebody who needs to be publicly kneecapped |
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I don't wanna be part of a new elite replacing the old one. Fuck the yachts. If I become a Bitcoin Billionaire I'm going to open entrepreneurial academies and startup incubators in developing countries.
The above quote is from page #3. I never noticed it before, "Bravo" to Timo Y.  I was looking for the post thanks When you are a Billionaire you can get the yatch and the entrepreneurial academie + a cool non profit so people like you and compliment you in dinners When we are bitcoin billionaires there won't be "non-profits". That spawn of fed-gov too shall pass. +21 million. |
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If we are the new wealthy elite, why don't "we" open up some BTC friendly banks?
Why we need middle-men? Exchanges are OK. But I am against the banks. If you want to store the coins, you have wallets. If you want to buy the stocks, then you have stock exchanges such as Cryptostocks. If you want to exchange the coins to fiat, then you have Bitcoin-exchanges such as Bitstamp and BTC-E. Then why we need the banks? Banks are not inherently evil. They just get that way when there is a centralized fiat currency that they either create, control, or are able to manipulate in a major way. The business of a legitimate bank is to get money loaned out on a risk appropriate basis, and make money for their depositors via interest. Doing this fosters development and adoption. There are a great many reasons why banking would be very good for bitcoin and other cryptos. So long as said banks are well capitalized, properly insured, and transparent in their business, they will be a positive force for bitcoin. If they are allowed to operate in the dark and without restriction like the modern "banks", then they will be a huge liability. To give a small illustration as to why a bank is good, think on this: You take a portion of your bitcoin out of your wallet, where it's safe but doing nothing, and invest it in a bank's Certificate of Deposit for a period of, let's say, six months at 10 percent per annum, compounded daily. You can't touch that money for six months or you lose the accrued interest. The bank, then, lends it out at 20 percent. They make a profit, and share half of it with you. At the end of the six months, you are about six percent richer (off the top of my head, I didn't actually calculate this), some slob with a business idea has put your coin to work in advancing bitcoin as a payment platform, thus raising the value of your coins, making you richer yet. This same bank has insurance on your deposits ( a service that also incurs fees, and thus interest for it's investors) doing much the same. This leads to a growing adoption and a growing value. It has been done, and it will be done with bitcoin. So long as it is not "overseen" by central authorities, but rather beholden to its depositors, it's a profitable and noble endeavor. Soon, and I can guarantee this is true, such an institution will exist. And it will drive bitcoin into the mainstream. |
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In 2016 we buy mansions next to each other
No way. I'll be as far from the madding crowd as I can get. I'm buyin' a freakin ISLAND! ...but I will be sure to invite you. You make me laugh |
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Is there any particular reason for the dip? According to fiatleak the Chinese are still buying like crazy.
Personally I think we will soon see the price moving up again, it seems to move in cycles of approximately seven months.
Not sure. I think a lot of it is the rumour, even now that it's largely dispelled, that China is going to ban BTC. Also, it's just short of tax day in the US, and that's always a downer in that market. Personally I hope it stays down for a few more weeks. Slows down the network growth a little bit, and besides, I have a new, better job. I can buy in if it stays low! Last time it went way down like this, the spike upward was pretty fantastic, so those of you HODLing, keep it up. You'll likely be rewarded. |
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Im a little bit desappointed of cga devs, its seem they have no plan to promote their coin, no investment in different sites to enter new markets and increase volume. :/
You mean we wont stoop to the level of other shitcoins to trick people into thinking our coin is the latest and greatest beyond what it truly is? We have put everything on the table. It is up to the community to support the coin, not the devs, we are here to make improvements to the coin. If you mean flaunting around spouting the same shit that comes out of every other scamcoin devs mouth then, no, I will not promise you a pink unicorn that you can use to do your taxes with in the name of science and puppies. There is a reason we do everything: " no plan to promote their coin"? Let me make this clear: This is not "my" coin or "the devs" coin, CGA belongs to who ever is holding CGA. We have been contacting blogs and wiggling into this ever expanding shit storm of altcoin propaganda trying to get CGA out there, but 2-4 guys can not do this alone. We need the community to do more then sit around and wait (I am not pointing a finger at anyone, but it would be nice if someone were to at least retweet, share a facebook post, or make a reddit post.) " no investment in new markets"? If you mean new exchanges: We have been excepted on 2 new exchanges in the last 2 weeks (granted one of our devs had created one). We have been adding votes to cryptsy (tho we "devs" are not "hardcore miners" and CGA does not have a premine that we can pull from, we don't have much BTC to spare), I have put all the BTC that I had (which is not much but I gave it all) into crypsy votes (foolish maybe). We have been in contact with the Cryptsy admins for the last few days and they are looking into maybe (MAYBE) adding us even tho we are not on the top of the list (don't get your hopes up). If you mean things other than exchanges: Have you looked at 1BillionHex? I know I haven't said much about it, but we are going to play a major role in this game. I have been told that CGA will probably be used to actually purchase digital land within the game. The way BobNoble described it to me was that you could use CGA to "buy a moon". This game is going to be like nothing anyone has ever seen, it wont be like Flappy or Huntercoin, it will be much, much more. Not only will CGA get ridiculous amounts of exposure from this game, it will guarantee that CGA will not fall off the face of the earth (unlike so many shitcoins before us). We have been working around the clock non stop since CGA was released (partially from recovering from my early mistakes, but these things happen when you try something that no one has done before), working around work, school, and personal schedules, sacrificing our time and sanity to "pick up the slack" that IMO is what the community (that are making all the profit anyway) should be doing. I cannot say I am really part of this community, more of an interested observer. That being said, I have to speak up in support of the Devs of this coin. In the interest of disclosure, I am part of the dev team of a competitor. (Earthcoin). I know first hand how little things can cause well laid plans to go very badly wrong, and how easy it is to try to fix the problem before addressing it. This dev team has not made that mistake, and for that alone you should all thank them. We are still in damage control mode in my camp, and so far there aren't any fundamental flaws in our coin. All because the original core team were not public about some problems they were having. The silence got filled with enough noise to drown the truth. There was no ill intent, just poor communication. But it got out of hand. By contrast, every problem that CGA has had has been quickly, aggressively, and OPENLY dealt with by the development team. That they haven't gone in for slick marketing tricks is of no consequence. CGA is a successful coin on every exchange it's on, and it is tradeable in other ways. From where I sit, it has done well. I've followed this coin almost from it's beginning, because I like it's premise. I see it more as a novelty coin than a serious payment platform. But it is useful as the latter, and there is not a thing wrong with novelty! The Devs are a rough bunch when it comes to business, from the looks of things. Again, absolutely nothing wrong with that. A gruff, honest businessman will retire wealthy, whereas a slick, well packaged nuisance will fade into obscurity. I think they have done very well in getting the mechanics of a rather unique take on the crypto paradigm up and working. Given the number or hiccups, I think most devs would have thrown their hands in the air and walked away. Instead, they have perspired and persevered and have a pretty cool thing going. Don't knock it. Being a dev, even just the communictions officer, is NOT an easy task. Doing it without funding, for the love of it, as these guys have obviously done, is praiseworthy. May you enjoy great success, and the Cryptographic Anomaly be long used and remembered! EDIT: Couple of typos. Hard to type one handed while feeding the baby |
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I agree with you that you can use this thread in any way which is related to the service. But it's also true that this specific topic of yours has been broadly discussed so many times. You can just go back and see what users were asking and what PBMining answered. They are not going to disclose their business plan or any other information on their operation. That's it. It's your choice to decide whether you want to trust them and invest some money or whether you don't trust them and don't invest money.
I have almost 90 GHS with them. Am I sure this is not a scam? No, I am not. But I am willing to take the risk.
Are other services more reliable? Not really. As long as you have your bitcoins in the cloud, no service is reliable. Take CEX as an example. They seem to be more reliable but what prohibits them to just unplug everything tomorrow and keep your bitcoins? Nothing. Do you personally know them? Do you know where to sue them in case they take your bitcoins? No...it's basically the same exact risk you have with PBMining.
I'm sorry but trawling through 960 responses for a very specific point seems rather over zealous. Unlike many others I do not have unlimited time to read through what is mostly of uninformative substance. Of course it's my choice - no one ever said it wasn't. Doesn't mean I am not allowed to ask for further information. Cex is irrelevant - I have not mentioned Cex once. I am evaluating PBmining based on its merits and solely on its merits and not in comparison to any other site. And just for the record - to refute your final statement there is more risk if it can't be proved that mining is occurring. Take this for what it's worth, because I gave my word to not reveal everything I've been told. But I am completely satisfied that they are indeed mining, and I've a good idea what their model is. I did NOT specifically verify the model I'm proposing here, but they did say I was on the right track. This addresses the electricity angle as well. I now personally know who the people behind PBmining are. I gave my word, so will not reveal that. They feel, and I agree, that due to the small size of their operation and the large probability of being attacked by hackers and other ne'er-do-wells that they have a large security risk by being public. They are indeed mining. It is my thought, again this part is unverified, that they are purchasing somewhere in the neighborhood of twice the hashpower that they sell. This gives them a good margin and a good profit above the costs of operation, thus the ability to sustain. The model being sell enough to keep ahead of the difficulty curve and purchase new and better hardware as necessary and possible. They are running a decent sized farm. If you do the math, even if they are only purchasing 125% of what they resell, they are able to keep ahead of the electricity/difficulty curve and continually expand. This also allows them to turn off or retarget obsolete hardware as it becomes unprofitable while still maintaining the contracts as stated. Of course, you have little better idea of who I am than you do of them, though my real identity is known to the forum. Nevertheless, I am certain they are the real deal, and I will continue to both buy from them and promote their service. Come to me my piggies!!! Edit: Due to the Chuck Norris comments earlier, thought I'd clarify. That is me in the avatar, though I cut off my hair and regrew it since then. It's not blonde without a bottle, so I look a bit different right now I don't see the resemblence, personally, but I sure won't be offended by the comparison! Chuck might, though. |
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This is pic of 1 of my boards that doesnt run. you can see the bent copper heat sinks and paste all over.  I don't understand the heat sink configuration here though? Why are the heat-sinks on the A1 chips so small? What is the bigger heat sink on the other side connected to? Because 30 % of the heat can be disposed from one side of the chip 70% from the other This seems to be done right CONGRATS. AMT This is useless of course as all my other posts right? CPU and GPUs have their heat sinks on the side of the chip and there is a conduction path from chip thermal paste to heat sink. I don't understand this kind of a configuration, there is no conduction path from the chip through the board to the massive heat sinks. yeah there is. bitfury chips are the same type of package. there are thermal vias going through the pcb that dissipate most of the heat out the back . |
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I got paid! Me too |
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Could anyone please tell me where are EAC devs ??
This coin had potential. I bought some back in december. Got burned badly.
Seems dev's fault. Definitely. So please someone tell me what is going on ?
see here for the backstory. I am now one of the devs. We are trying to get a whole bunch of stuff going on right now. We have not vanished into the ether, but there was a major shakeup. We have big plans, but they will take some time. Hang tight. In the meantime, there are some things everyone involved can do. Use Earthazaar, buy silver from ATXsilver, get merchants interested in the coin, and frankly, buy it while it's cheap. If half of what we're trying for works out, it won't be cheap for very long. |
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A new input box beside the slider will be installed very soon. I never liked that either. thanks. Biomech is gunna gloat and gloat it was his idea.  Thanks pbmining! And no, gloat is the wrong word. I'm going to rejoice! Me and that damn slider didn't get along. At all. hm i always klick slider key and use arrow keys then. but its better now. didn't work on this computer for some reason. Ah well. It's getting fixed |
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A new input box beside the slider will be installed very soon. I never liked that either. thanks. Biomech is gunna gloat and gloat it was his idea. Thanks pbmining! And no, gloat is the wrong word. I'm going to rejoice! Me and that damn slider didn't get along. At all. |
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