I've run into this with bitcoin a time or two also. I'd recommend restarting your wallet and resetting the stake setup. Let it reindex. Always worked for me in the past, and the few minutes interruption shouldn't really affect staking.

Mining was done this morning. Coin is pure POS now.

Read the OP. Nothing mined after block 14400.

Too bad he can't be traced... I'm pretty sure a lot of us would be willing to pay him a visit and give him a nice "cease and desist" order... Cuz it's real hard to operate a computer with crushed hands!

Agreed, on both fronts.

Frankly, if you guys can get to the shipping in hand model in short order, KnC isn't your competition, Bitmain is. If you can compete with Bitmain, the others become irrelevant, cuz you got better hardware. But so far, NOBODY has beat bitmain at delivering miners to customers in a timely fashion. That's your target, and negative ain't the way to do it. Just compete.

Hello Y'all.

I have two Technobit HEX16B boards. One of them sparked, shut down the PSU, and has quit. There are two tiny little components that I think are resistors in positions four and five from the left of the molex connector. Any of you nice folks know what they are, where I can get 'em, and how much of a bitch the repair will be? Nothing else appears to have burned on the board. The bitfury chips were barely warm when the incident occured.

This has already been noted a few times, but it bears repeating. You can export your private keys from the online wallet and import them into a client such as QT, Electrum, or Multibit and not have the problem anymore. There is really no reason not to have backups even if you do use the blockchain.info wallet. And mutliple "windows" to your account give you both a bit of redundancy and some peace of mind

13104000 based on the block rewards as per the first post.

edit: Not sure if any staked yet, earlier in the thread it looked like some had. But the above should be the minimum.

It is my understanding that assets (in this case bitcoin) are not taxable until CONVERTED to dollars by sale or other means. Also, you can claim self employment and depreciate the machines used to mine. Not full cost, but over time based on their useful lifetime. If you go that route, you WILL need a CPA to check your figures and sign off on them, for the inevitable audit.

Bitmain has been pretty open about having a farm. I don't have the address anymore, but they mine at Eligius and it has "sex" in the address. It's usually one of the top two or three on the pool.

I'm actually rather curious about what they're up to. They have hinted at releasing a second gen 28nm chip. Spondoolies is rather interesting as well, with a pre order period measured in weeks rather than months, and open accounting of their VC backing. I'm really hoping the whole "pre order" nonsense is coming to an end.

As for KNC going exclusively cloud, I think that's pretty much going to be the BTC mining paradigm from here on out. I don't particularly like that, but it is where trends are heading. And as you can see in my sig, I'm buying in at least partially. My piddling 80GH/s isn't cutting it on BTC anymore, though I'm not doing badly on alts.

I actually disagree with ConMan about the asics killing LTC/Scrypt. I think they'll give a boost to the coins with something to offer. I may be biased as I'm part of the team for Earthcoin, but I don't see this as a negative development, other than the pre order bullshit. Gridseeds, OTOH, those are cool. As the first generation of Scrypt ASIC's, they are not terrible at all. Not as fast as many had hoped, but the power consumption vs. a GPU is fantastic. And little machines like that, readily available, might just stop the huge centralization of hashpower that BTC is seeing right now. Gridseeds are likely to break below 200 a pop on the general market real soon, and I don't think they've stopped designing. Next gen ought to be interesting.

I do think the whole "coin of the day" thing is going to come to a crashing halt very soon, though. Things will have to get much more innovative, either in the mechanics or the marketing side, real soon. With 400+ coins out there, there has to be a pruning. Soon.

So the movie industry funded them? Funny, I thought it was the miners...

I could easily do the accounting. My real world jobs have mostly been restaurant management, so I'm good with money. It's the actual coding I can't do.

If there were a template out there for a BTC exchange, I'm sure I could modify it. There's a company that I added to the list of merchants a couple days ago that sells hosting for EAC, so it would be self sustaining if the volume were just fair.

Unless people keep dumping like fools, I've shot my wad. No BTC at the moment, and I ain't selling my stake. But if people remain stupid I'll buy some more in a few days.

I am assuming that the wallets will hash to keep the network going. Seems kind of weak, though. Of course, they could set it so difficulty jumps per block so high that a 51% attack is only possible for one block, but I'm not good enough at cryptography to know if that will work.

Interesting concept at the very least. Well worth a couple days mining, even if nothing comes of it. I like experiments

This is exactly what I think needs to be happening. EAC as the base to the pair on an exchange. If such an exchange exists, then it boosts popularity of the coin, as people trade AGAINST EAC rather than AGAINST BTC. I don't have the skills to do it either, unfortunately.

They just want to give me more. That's all. Keep it coming, ya fuckin' idiots!

See? I told you things were moving!

This is the Bitcoin gods telling you not to use an online wallet. I use and recommend Electrum. In the meantime, export your private keys and import them into a wallet such as Electrum or QT, and when it syncs, it should be there. If it's in the blockchain, it's there.

Set it up. Remember, guys, Earthcoin is not just the development team. We'll make sure it's secure, and we'll be involved in as many projects as we can reasonably handle. But seriously, if you have a pet project, there is no one on the team that will stand in your way!

Make stuff, organize charities, organize campaigns to get the coin in circulation outside the currency exchanges. Talk to your friends about it. Talk to your enemies about it.

I'm looking for a way to make a big splash on Earth Day. It's OUR DAY. We couldn't ask for a better opportunity. I will have a template up for download with Earthcoin logo business cards in the next few days. Pass 'em out! Get the word out that there's a new coin in town... and it's easy to use!

Hello again. My first couple posts weren't serious. I was just playing with you, and I mined this for a few hours for fun. Right now my miners are engaged for about 30 hours, but after that post? I think at least half my hashpower is going to FER for a while.

I can't really improve on what you're talking. Over at Earthcoin, we're also looking into the partial payment idea, and I believe it has merit. If we come across any takers, assuming the rest of the team is agreeable, I'll recommend they talk to you as well. I'd appreciate reciprocation. Customers are everywhere

One thing I would suggest is add the "getnetworkhashpersec" method to the wallet. It's a bit disconcerting to not know the total network. I'm not a real deep delver in code (yet!) so if there is another method that I'm unaware of, I'd appreciate knowing what it is

Best of luck, Lots of Latinum, and tell Morn to shut up!

Kevin

Not sure if that was aimed at me, but I'll answer, just in case.

If you're speaking of the multipool, the idea is to mine what's most profitable at a given moment, but change the focus from BTC to EAC. It would mine EAC when it was the most profitable.

For the rest:

Yes, I really believe this brand has a good shot. We got people that believe in it, a great name, and some great ideas. The downside risk is that most of those ideas take a bit of time, and this is a fast paced environment, so the risk of failure is high. That will only make victory the sweeter should we succeed.

I'm not a huge EAC holder. I have a bit over a million coins. I'm willing to give up close to half of what I have if somebody will make a USD to EAC exchange. I'm a believer in the brand, which I think is why I got recruited to the team

You've been in on it from the beginning too, but unlike me you had the opportunity to mine it. I can only mine SHA coins or CPU coins at the moment. Truth is I'm pretty damn broke. But this is something I believe in and want to make happen. I'm in for the long haul. I'm currently mining SHA coins, selling them for BTC, and trading that for Earthcoin. If I could exchange them for EAC directly, that would be fucking cool!