Your first option has the benefits of that if the pool ever went down you could easily switch to another public P2Pool node and keep your hashing score.  While the second option has the benefits of making it easier for smaller miners to use P2Pool.  Which could be a good selling point and this pool does have a lot of small miners.

To get round the latency problems you could possibly offer a few different servers in different geographic locations.  Like say one each in North America, Europe and possibly Asia.

I made a withdrawal from Cryptsy to - MRsZCp2E1VhyY7LZzUuhjhQKh2LmMjva8E - and it doesn't seemed to have worked - 710ad0794830f206d5212d5feedb14143bb632b56acc6fdeaba650457df9696b - any ideas anyone?

If you auto build it into the config how p2pool used to.  Plus built binaries with it already configured I think you'd be surprised by how many miners never actually bother to change it.

The Facebook MultiCoin Tipping app is voting to add new coins - https://www.facebook.com/groups/MultiCoinTipping/permalink/752043308192691 - You have to join the group first to vote, but it's an open group.

There's also the new 802.11ah: WiFi Standard for 900MHz coming out.


This may work better for WiFi mesh-networks.

Anoncoin - https://anoncoin.net - has been working on a zerocoin protocol implementation for some time now.  They already have I2p network support and are officially working with the I2p project on a C++ router implementation along with the Monero team - http://monero.cc -  While both those coins had 0% pre-mine.  There is already this project - http://zerocoin.org who have also as well as Anoncoin been working some time on a Zero Knowledge Proof protocol for some time.  I agree this project does look very dubious.

Yeah it looks like the full blockchain over HF is a no go'er.  We'd be best supporting the Bitcoins in Space project - https://bitcointalk.org/index.php?topic=334701.0 - Or in setting up a project to build a cheap WiFi mesh-networking router that can hold bitcoind.  As even the public PMR446 UHF band only permits 3.6kbit/s per channel.  Although possibly maybe we could use the unlicensed 900MHz 33cm UHF band for a custom mesh-network with better propagation than the 2.4GHz 802.11n.  There's off the shelf license free 802.11g 900MHz 33cm UHF equipment like this - http://www.alvarion.com/products/product-portfolio/breezeaccess/breezeaccess-900 - and this - http://www.xgtechnology.com/xMax-articles/xmax-system-overview.html - That we could attach a cheap lightweight nettop too to hold bitcoind.

I think it'd be worthwhile making the satellite ground station also being HF tranceiver nodes using Q15X25 modulation - https://en.wikipedia.org/wiki/Q15X25 - or similar.

So 6.67 minutes to download a 1MB block at 2.5kbps.  You'd need to operate on two channels so that you had a 2.5kbps receive and 2.5kbps transmit at the same time.

You'd need about 2kbps to download seven 1MB blocks an hour.  That's a lot of bandwidth 24/7/365 on a global HF network.  I think the Bitsat project and the use of UHF and SHF for a lot more relative bandwidth is the best solution for a global wireless network - https://bitcointalk.org/index.php?topic=334701.0

How many 6+2-Pin Connectors are needed per ~600GH/s device?

If they're aiming to go down the closed-source model like Vericoin are.  Then they're dead in the water open-source isn't just a buzzword and I think a lot of people underestimate what it inherently brings to security plus also to the wider developing cryptocoin space.  Also Vericoin are dead in the water for being PoS as PoS in it's current form is massively broken.  Anyway back on topic if they choose a decentralised mining algorithm like X11 or Cryptonight they it could gain a lot of supporters.  As every one who can mine can become a bagholder while nearly every bagholder is an evangelists for their coin.  Then another option would be to AuxPoW (merge-mine) with Litecoin or quite possibly with Darkcoin as the Scrypt hashrate follows Bitcoins in getting more centralised.  AuxPoW with Darkcoin might work quite well with XGC being all about pro-regulation with having either verified email addresses or verified phone numbers included in every transaction.  I think AuxPoW will keep a lot of the smaller altcoins from dying a complete death.  Using AuxPoW does not reduce a coins value lack of community and like of development does.  If they chose the Cryptonight hashing algorithm then they could AuxPoW with Monero.  Which again would work as good ying to their yang all being about privacy.  While Cryptonight is the most CPU biased hashing algorithm to date.  Although the main gripes then wouldnt be about hashing centralisation but about botnets.  Although I suppose to beat the botnet problem they could have a franchise of official pools which merged-mined with Monero where all pool members had to be verified.  As all transactions include either verified phone numbers or verified email addresses so they could exclude miners who didn't play ball.  While offering AuxPoW with the most profitable Cryptonight mined coin could make mining their coin a lot more profitable especially in the early days.  Plus the higher earnings that AuxPoW would bring would guarantee a much higher network hashrate so therefore a higher network hashrate which in turn means a more secure network.

I think the likes of HSBC hiring Bitcoin enthusiastic interns is from the quote going round "To not have a cryptocoin strategy in 2014 is like not having an internet strategy in the late 1990's."  They know its not going away any time soon now while the network effect implies Bitcoin and cryptocoin usage in general is only going to grow.  So if you can't beat them you may as well join them.  Once Bitcoin and cryptocoin networks in general become large and valuable enough expect every bank to be involved in some form.  Major retail banks literally have a license to 'print' new money in the form of new digital fiat credit balances from issuing loans.  So that's why they haven't all rushed in so far.  As bitcoin market capitalisation is still tiny compared to the amount of money they all 'print' each year.

Why isn't the donation addressees in the OP?

What's the bounty for this now?  Maybe we can promote it a bit more.  To get more donations and interest.

I just got an email reply off them    This is their website URL afaik - http://www.edentech.org.cn

While yes the offical Bitcoin repo is installed and I've apt-get update 

It doesn't matter now as I've gone with the launch pad.  I just wanted to try and go through the guide as basically your average *buntu novice with a fresh build of Xubuntu 14.04LTS (64) so that it can maybe be improved.  For other general non CLI wizard *buntu users until their's official Ubuntu binaries or an official Ubuntu repository.  Anyway there's a new 24/7/365 I2p node up now 

Also how do you go about helping with the RSM UFO generation if more help is needed?  As I have a spare core on my AMD A10-6700

Yeah, I haven't invested a single penny in this nor am I so far intending to yet either.  I just thought it made an interesting post and shows where markets are heading.  I've read HSBC has been hiring bitcoin enthusiastic interns and at least one other major bank is doing so too.  So maybe a 'real' bank will follow sooner or later with their own attempt at some form of decentralised cryptocoin?

Just searched a American English dictionary and 'firm' doesn't have the same meanings as it does in British English I think, the same as merchant bank doesn't so changed it again.  Maybe investment bank was a bad translation but I was trying to get across what a merchant bank can mean in the UK.  Without putting merchant bank as I new it had a different meaning in the US.