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In GPU mining? No, not anymore. It's being overtaken by specialized hardware that is both fast and expensive. Bitcoin mining is now only available to the rich people.
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Haven't been keeping much up-to-date on Bitcoin and ASICs. What the hell happened with bASIC??
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Bitcoin price is not stable just yet. This sudden price increase is sure to crash soon. Those 5k bitcoins the guy wants might not be at all useful if/when the price crashes..
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While I do not know anything about it, I am sure that Apple/Google will find a way to make anything like that illegal.
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Why is Luke-jr not listed?
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If you download the entire blockchain it is possible to keep a copy of the balance of ALL addresses in a memcache deamon in ram. It allows you to check the balance of any address without using extra bandwidth.
I have seen setups like that to run through dictionaries looking for brain wallets.
It would take a long time to cache them all, I mean, you would need to calculate the balance of the address based on the previous transactions(if any). Then, you'd need to update it at least once per day, this cache list. |
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For an FPGA, the numbers are low, but I guess as more work is put into it, you may be able to get it done faster than say a GPU which can typically do 30 million/s or more.
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There's nothing magic about the number 6 - it is simply an arbitrary choice of 1 hour's worth of blocks.
If you only require 1 confirmation it's very easy to perform a Finney attack.
Theory. No proof. |
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What it does is allow you to create a message today that cannot be read until a date in the future.
And of course you will be alive and continue to run the website for the next say 50 years? |
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Look at the BD column.  |
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If so, where is the video on YouTube? Someone like that must definitely make a video on YT.
So, anybody actually have an ASIC with proof? It's like Santa Claus, you believe in him, while he doesn't exist...
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Actually, I am waiting for the crash(bubble to burst).
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OK, been a long time, sorry for the delay. I have not worked on the application for a very long time. Here are the sources https://mega.co.nz/#!SMlxlZDA!bqrtjn5ofRJ1Y16ePrLGvWFDolwuBm_iMTPB2lF81zc they depend on PCRE and OpenSSL(the SO bundled are OpenSSL 1.0.1c and pcre) Meanwhile, I'd like you all to know that this was my first Android application, and first involvement with Java. Most of the initial code I wrote on my phone. Overall, as a programmer, I am not very good, my understanding of Bitcoin is that of any new person who has never heard of it, but I still attempted this project. If you feel like the code is written horribly, which I am sure it is, feel free to fork it. And if you find ANY problems with the code which might make the application produce insecure keys, please do patch it, and I will update my post with the changed application. I was told that by default OpenSSL uses /dev/random for getting it's entropy, but I've heard in a lot of places that /dev/random might not exist under Android, so this should be looked into. If by chance it does produce insecure keys, do remember I've said it's in Alpha stage and you shouldn't really use the private keys produced. |
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BTCFPGA also claims to have a functioning chip at this time and Avalon must either have them or be very close if they expect to meet their countdown date.
I have a chip also. Called a gpu. Custom designed by my company. U might have heard of them. Ati. Yeaaa bitches and it is mining right now. Sounds like a gpu to me, not an ASIC. It is an ASIC, disassemble the ATOM Bios of AMD cards and the initialization function is ASIC_Init. |
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If is possible technical problem, what is this? I heard on Reddit and Facebook some worries about transfers/sec. Is it a real threat?
Thanks!
This questions is asked a million times per day, search the forums next time. |
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This was possible but now many miners require fees for transactions whose inputs are the output of another recent transaction. Essentially, if you don't let your coins sit for a day or two you will have to pay a fee. If you have to pay a fee, you can only "attack" for so long because every transaction costs you a penny or so. Additionally, the larger the transaction (in KB) the higher the fee that will be required.
Paying a fee is hard coded no matter if you have the oldest coins. |
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Mining with a CPU, really? You will never find a block, moreover NMC's value is so low. Basically, the difficulty is so high, thats why you are getting rejected shares.
Give up, you are wasting electricity.
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My 5850 is pretty much the same. High VRM temps, high AMPs whereas the 5870 is waaay below these temps/amps.
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Perhaps something to do with stake?
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It likely costs more money than any of us have. Also, it could very well be a scam of some sorts.
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