What does BIN mean? Also where are you located and how much for shipping to Australia?
buy it now |
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i've been thinking of doing that with bitstamp and a local exchange but the way it looks is that, the market depth for the local exchange is very thin and the prices change rapidly away from the bid/ask price.
furthermore, the price difference is so low i need at least 100 bitcoins or cash equivalent on both exchanges to make it worthwhile.
of course there is a small issue with speed (speed of sending bitcoins between exchanges) can be solved by having bitcoins/cash on both exchanges at the same time.
the biggest problem is the lack of fast updates for the prices,market depth and a trading system. I am doing futures trading and shares trading now and for effective trading, i need the prices to be shown to be in a quick and straightforward manner that updates as the market moves, so that i can see what is the latest market price, bid/ask and market depth.
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basically i want to create a website or interface that retrieves API information from my miner pool like how much bitcoins i have now and the current value on bitstamp to tell me how much i have in cash.
also i want to look at the current prices of bitcoins at different sites to identify any arbitraging opportunities.
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i will continue to monitor the PPLNS over a 24hr period and hope i can get conclusive results in 12hrs time.
PPLNS is susceptible to variance. 24 hrs won't give you a good picture. You could end up with either a run of good luck or a run of bad luck. it seems i've got alot of stale rejects. not sure if it was after i switched to pplns |
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I am in the market for new pools for BTC, any suggestions? Also, are there any reputable pools for alt coins that aren't Coinotron? Seems like the only other one I remember closed down.
Also, I used to really like, and still do love, PPLNS when mining. But I haven't used PPLNS for BTC in months, and when looking at BTCGuild and considering their market share, it seems like a great situation. Why would you choose PPS with a higher fee when they have ~25% of the hash rate..? Or am I missing something?
Im using btcguild and pps scheme. It seems to say the fees are 7.5% ?? This is what's flooring me, a nearly 8% fee... Pretty sure I'll be directing all hash power to PPLNS shortly. That fee is unreal.. ok i did some "tests" on my own while the miner was still at the seller's place awaiting shipment. PPS fee is 7.5% PPLNS is 3% (btcguild) i was on the PPS system over a 24hr period (roughly) since I cant be sure over the exact time but given the small error margin it shouldn't be significant. then i changed to pplns over 12hrs because i wanted to see if there was any significant changes. PPS gave me 1.637 coins PPLNS (over a 12hr period and adjusted for 24hr period) is 1.405coins of course, the "testing" environment assumes no downtime in between, the fluctuation of hashing rate between both periods are similar (same total hashrate) and difficulty didnt change between them (i saw from http://bitcoindifficulty.com/ that it didnt change over the last 2 days). i know PPLNS' system works quite differently frm PPS so this might not be a fair comparison. i will continue to monitor the PPLNS over a 24hr period and hope i can get conclusive results in 12hrs time. |
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el_rlee
have u considered using fins inside the cooling loop and reducing the amount of g 1/4 openings?
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I am in the market for new pools for BTC, any suggestions? Also, are there any reputable pools for alt coins that aren't Coinotron? Seems like the only other one I remember closed down.
Also, I used to really like, and still do love, PPLNS when mining. But I haven't used PPLNS for BTC in months, and when looking at BTCGuild and considering their market share, it seems like a great situation. Why would you choose PPS with a higher fee when they have ~25% of the hash rate..? Or am I missing something?
Im using btcguild and pps scheme. It seems to say the fees are 7.5% ?? |
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i can do simplified chinese.
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done....
1GVKJQjT6Ykm6UhSbkBvpMkzmcMT3tYyuo
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is it ok to flip the fans at the front so that it exhausts air out instead of blowing air in and then adding intake fans at the back of the casing?
since the psu at the back of the casing is facing down and sucks air from within the case.
are there enough molex cables left in the miner to power these fans? (getting my avalon soon)
The avalon people have said no. They incorporate the air pressure from inside the case to keep the airflow high through the power supply. I would be concerned that temp1, temp2, and temp3 would also not have the expected pattern to present to the control software. is it possible then to flip the PSU upside down and cut a hole at the top for the psu to intake air? |
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is it ok to flip the fans at the front so that it exhausts air out instead of blowing air in and then adding intake fans at the back of the casing?
since the psu at the back of the casing is facing down and sucks air from within the case.
are there enough molex cables left in the miner to power these fans? (getting my avalon soon)
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just to be sure. the step by step part is this
1. send 1.5% fees to johnk's escrow wallet
2. verify on blockchain info
3. send the remainder to the escrow wallet
4. verify on blockchain info
5??
how do i GPG sign the agreements?
1. Send the fees to the 1NB... address as stated in the contract. 2. Verify on blockchain 3, Send the escrow amount to the escrow address in the contract 4. Verify on blockchain, and notify the seller/me via PM so that everyone's updated. 5. Wait for the goods to be shipped, and notify everyone when all is well to release the funds Check the links posted above, but GPG signing is not mandatory as I understand not everyone uses GPG. ok.. much appreciated. i will have to pay the transaction fees for transfer between wallets right? |
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just to be sure. the step by step part is this
1. send 1.5% fees to johnk's escrow wallet
2. verify on blockchain info
3. send the remainder to the escrow wallet
4. verify on blockchain info
5??
how do i GPG sign the agreements?
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it says there is a inward transaction fee of 0.1% and there is a 0.5% commission on trades and mentions that it charges a fee for every trade done.
what about partially filled trades?
if i place a bid for 100 bitcoins and it gets filled by 10 different trades of 10coins each, does it mean i pay 10 commissions instead of 1?
is it possible to buy 100 coins at 1 go instead?
since the current ask side is selling 1.5555 coins, and I want to buy 2.00 coins, what happens to the balance order of 0.4445 coins? does it become a bid order or buys from the next highest ask?
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Why not wire the $10k to bitstamp and buy there, better price for ya, and no delays on deposit (I made a deposit monday and it credited today).
yeah i am trying to get verified. they rejected my attempt because they couldnt find my name on my ID.  |
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bitstamp is a little odd.
bank details in slovenia but company based in UK.
no complaints about this place so far?
The risk should be quite manageable if you just buy/sell and leave nothing on the exchange after that. The risk is higher if you intend to use it as a day trading platform and keep sizeable sum of bitcoins/fiats on it. in that case, i think i will get my bitcoins half on bitstamp and half on mtgox trying to find more exchanges that are reliable |
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the only people who will recommend mtgox at this point are customers who hope that your incoming wire transfer will increase their cashflow and enable a few withdrawals.
the wiser decision would be to use bitstamp or a service like bitcoin brokers.
there aren't problems with purchasing of bitcoins right? |
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For European, Bitstamp is a no brainer. SEPA transfer allow you to move fund in and out of the exchange easily. For China/Hong Kong region -- BTCChina been around longest, but newer exchanges such as 796.com, www.btc-gbl.com are emerging.. all of them have about the same trade volume as bitstamp (roughly 8-10k trade per 24 hours) bitstamp is a little odd. bank details in slovenia but company based in UK. no complaints about this place so far? |
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there's been quite alot of talk on delays with withdrawals frm mtgox, btc-e...etc
so what other reliable bitcoin exchanges are there that have the liquidity to absorb 2-5bitcoins at a go? bitstamp? anymore?
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I'm going to transfer around 10k usd to get some bitcoins for buying thr miners and just want to know if there are issues with this exchange
Eg btc e stealing accounts etc or not being able to transfer money out to your local bank after selling bitcoins etc
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