What about transaction fees? Are they also awarded to the comp that solves the block? And how many btc are earned in transaction fees per block now?
If you are solo mining you keep the fees. If you are mining with a pool the fees can be either kept by the pool or shares (depending on each individual pool's policy). about 0.25BTC in fees run with each 25BTC block. Sometimes as high as 0.7BTC with lots of fees added to ensure transactions, sometimes low like 0.05. If you see a fee above 1BTC somebody probably made a mistake... |
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Are you talking about cex or what ? :O
Who? You were thinking Sex.io  |
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No it's not that rare.
Don't kick yourself - you wouldn't have gotten that block if you were solo mining since the work your miner would be doing would be different than that issued to the pool. You can think about all the what-ifs all you want, but then life would suck...
Can you explain what that means? Genuinely curious. Generally speaking when a miner is issued work by a pool, that work is based on the pool sending the work to a specific user. It's like there are 25 contracts out there and the pool sends out 25 contracts, and 1 user can do all 25 and return that work. The work issued to a miner can only be submitted by the miner to count for a solving block. You can't take it somewhere else and submit it (many people have thought of this idea and thought they were brilliant). So if you are solo mining you would be working on a different project so to speak. You can read all the technical stuff if you search the forums or read the white paper. Basically you can't turn in somebody else's homework. If you solo mine it would have been a different set of work and you probably would not have solved it. |
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Ooooh I'm not sure many of use want to associate BTC with the word Pirate ever again  Good luck on the endeavor, but a name change might help a lot. |
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Coinbase is probably the easiest way to buy BTC in the US. They're based in San Francisco and have an actual office unlike many other exchanges. You can usually get your account confirmed in under and hour if you're willing to share your bank account info. If you would like to remain relatively anonymous localbitcoins is probably your best bet for easy acquisition (but at a higher spot cost).
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Bitcoin faucets are for all intents and purposes dead right now. They give you the equivalent of a digital penny, but it costs a digital quarter to send the payment. It's just not worth the time.
Buy and sell your goods and services in the marketplace for BTC.
If you want freebies, go enter a bunch of online contests and if you win something sell it for BTC or convert the fiat to BTC
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It seems unreasonably hard to actually *get* bitcoin, especially so if you're from the US. All the exchanges appear to be outside the US and do not accept any normal form of payment (i.e. credit card or paypal). Now, I understand about paypal, given their propensity to allow chargebacks for basically no reason. However, credit card chargebacks are pretty uncommon. Compound that with the fact that most of these places are asking for scanned forms of ID, which is a little skeevy to be giving out to random websites, and then if you're lucky, you can also give them your bank account account number so they can withdraw funds in 4 business days. If you're unlucky, you have to do an international wire transfer, and most Americans have no clue how to do that (even people who are relatively technically savvy)... and again, sloooooow.
This has got to be a huge barrier to adoption of bitcoin and altcoins. If the bitcoin market spikes, it's not like Average Joe can just go to Amazon (or whatever) and buy him some bitcoin.
I am in this position right now. I have an account on Mt.Gox and working on making one on bitstamp.... but I can't actually buy anything until some human actually looks at the images I scanned and.... I guess determines I'm OK to give them money. This seems old, slow, and barbaric for something as progressive as bitcoin.
It seems like the single best thing that could be done to both drive adoption of bitcoin and drive the price up (due to increased demand) is to make it EASY to get bitcoins.
If some site came up with a credit card form and gave me a way to buy bitcoin RIGHT NOW... I'd happily pay a reasonable fee. Why hasn't this happened? Traffic would be through the roof. Slap a 10% fee over market price for bitcoins to cover credit card fees and rake in the dough.
Do you go to Amazon and buy Pesos or Yen? There are plenty of phone apps for wallet use. All you need to do is sell something locally like you would on craigslist and just accept BTC instead of cash. It might take a while waiting for a few confirms to go through. Sell your trade/services and you'll get BTC for them. |
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Pjk3BS8cyex25JJXNWhwWiaNkjyDUFTvtw
Thank you
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PWCSJAz9X9p2vYqasMYe9di8TgZUGnHeb6
Thank you
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That is the only way I will become a millionaire..... screw petty gains, $1000/BTC is nothing
And what is the point of being a millionaire if you can't even buy a load of bread with 1 million (pick your denomination). The better question is when can I buy a house or car on a regular basis with BTC. When it is widely accepted, your paltry 0.1 BTC will be more highly valued. Everyone is talking about 2013-USD, 2013-EURO and 2013-YEN. When we're talking about $1M we mean the purchasing power of $1M TODAY. People, please stop using that retarded argument. Thank you  You're expecting a 100K USD or Euro or Yen valuation of BTC in 2013? I apologize for my retardyness... |
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The 3.7 fork of CGMiner is the last one supporting GPUs, with 3.7.2 being the last released by ckolivas. Somebody else may pick up the project for future support. Here's the latest: http://ck.kolivas.org/apps/cgminer/3.7/ |
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That is the only way I will become a millionaire..... screw petty gains, $1000/BTC is nothing
And what is the point of being a millionaire if you can't even buy a load of bread with 1 million (pick your denomination). The better question is when can I buy a house or car on a regular basis with BTC. When it is widely accepted, your paltry 0.1 BTC will be more highly valued. |
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So unless you know the owner of the site do no keep you BTC online in somebody else's hands. Do not have a pool store them for you (like many people kept their earnings sitting at 50btc).
Always collect your coins (move them to an address you control) and put them in cold storage (at least until you learn how to secure from scams).
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As a miner from 2011 I will tell new users there's only 1 reason to mine: If the cost of obtaining the miner + electricity cost to run the miner for 1 year < the current price BTC * how many BTC can be mined by the device in 1 year Use a mining calculator site like thegenesisblock.com to figure out projected BTC income. Otherwise they is absolutely no point buying mining hardware. If you have free/cheap electricity you have a narrow chance of making a profit, otherwise you are better off just buying the BTC directly and paying more attention to it's implementation. |
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regarding login procedure: is 2FA or CAPTCHA a thought which is worth to think about for security reasons?
thank you!
Looks like someone's been sleeping in my bed....or tying to  Keep up the good work E! |
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This was my first pool ever to join last year and kept my coins on the server. 7btc gone. My biggest mistake was not to read about auto payouts..... live and learn I guess. If 50btc reads this, please send my bitcoins to my address.
1NpuXqbPJbrSMUxwWRiddu26VDAaF9VTgi
1) You're bitcointalk account is less than a month old 2) You expect the 50BTC admins will come in here a read your plea for help 3) You don't tell them what your user login is so they can't even identify you Are you expecting mercy coins? |
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Bit365, are you still running the sig promotion? I signed up over 3 days ago and haven't received the initial 0.01 payment (for users with more than 100 posts). I messaged you and have not heard anything back.
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I see my doppelganger has arrived |
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Of all the BTC transactions I've done, I must say my use of Bitpay has been the best. They don't make hardware, but they've been the best BTC related company I've seen.
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Build date 9-11.... no conspiracy theorists jumping on that one yet?  |
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