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Stealing from corporate accounts is free money. It's one of the best underground businesses.
If you withdraw sums below ~$100k per company, your risk of getting caught is pretty much zero, because most countries in the world have next to no police officers working in digital forensics. The sum would also be too small for them to consider investing serious resources in finding you.
This is called the 'sweet spot', where it doesn't pay off to fund the working hours, expertise and resources needed to catch the offender.
If you stole $20M per company it would be a whole different story. $1B a year is still very low compared to overall credit fraud for example.
Funding digital forensics also carries a much higher risk than financing homicide investigations, traditional wire fraud or stock market scams.
Many types of online data theft can be masked perfectly if done with a program like Zeus by a non-amateur.
Since there is literally no way of ever knowing who ends up with the data, you are forced to either try following the money by mule withdraws in other countries (usually eastern Europe) or just give up.
Even then you only catch mules and not the thief himself.
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These dorks really do have *no* clue.
Nothing wrong with it. They are tightening up because of the recent fraud... What about the fact there are forums and onion sites where you can pay ~$20 to counterfeiters for an altered european/american ID scan or drivers license scan identical to a real one with a photo, full name, serial number etc.? If the counterfeit was created by the actual stolen template software & not photoshop, it's literally identical with a real ID card or driver's license. |
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People tend to buy (long term) deflationary commodities in times of crisis.
Just look at gold, it's as if it's price has no ceiling. The long and short term highs have constantly been broken for ages.
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I think your thread title is wrong, you pool has less than 18 GH/s, not 70 GH/s  It was 70gh but the pool keeps going down. This is bad for non-casuals because undetected downtime costs money. The server went down 4 times today.. I for one wont be mining again before promises of stability... 0% PPS is really alluring but not if it comes with constant server crashes Also stales are a bit higher than promised unfortunately. (Compared to deepbit 0.10-0.30%) |
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My hunch is that if you get paid and your client isn't up and running (and up-to-date) when the payment occurs, you get cast into the void of payments that take forever. Nah, when a payment is broadcast (either through sendmany or by a single client), all that matters is that other nodes relay the payment. The receiving client doesn't even have to be online; That's why offline wallets work. The only thing which isn't a constant is priority of the payment. The less tx fee (or none at all), the lower priority it gets in the list of transactions to be verified by miners. It's safe to say 'everyone' can afford an optional 0.005 fee to get their payment in a reasonable time. I'd pay it every time on deepbit. |
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I've bought hardware from Memorydealers a few times.
Nice to see the owner has some major balls & confidence in BTC.
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You mean what businesses did I manage before the school?
You were 21 when you arrived in South Korea. What possible business did you run before that & graduating? |
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You hit the nail on the head. For instance, I do not manage the Bitcoin Association of Italy alone. I work together with a local affiliate.
It's not mentioned anywhere on the internet except a single forum post made by you. Nor is any affiliate mentioned by name. There is a high likelihood you are undergoing a psychological phenomena called narcissistic mania or megalomania but you are not realizing it. I hope you eventually get help. |
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Of course, on a gut feeling basis only. (Which I would, though, bet my *life* on in this case)
You'd bet your life that I'm lying about something? What is it exactly so I can prove it and you can go ahead and relieve yourself of your mortal responsibilities. I can always try. I'm as paranoid as anyone. What happened to your aspirations in the field of professional acting, turning into bitcoin business instead? Also, don't you think it's a bit of a stretch to compare tutoring to actually running a school? You moved into SK in 2005. Relevant business experience besides the brief teaching? Is it not a bit of a falsification that you have 30 employees already? |
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You must be really bored. BillX and tasarz are doing valuable work which nobody else seems to care enough about (rather focusing on posting juvenile image macros). There are huge, gaping holes in your story as explained on page 2. Everything points towards one big constructed fake past by a skilled sociopath. Delusions of grandeur, excessive excuses, imaginary employees and organizations, attempts at manipulation, all the possible textbook classic signs are there. Maybe even all of it is a lie. Of course, on a gut feeling basis only. (Which I would, though, bet my *life* on in this case) For now I don't have the time or resources that the two gentlemen above do to prove anything on paper. Maybe, and most likely, they do. |
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The hash rate reported by your client is the only place that the actual hash rate is measured. Pools don't know and don't care about that, they care how many candidate blocks you return. In the (very) long run, the measured hash rate and the rate estimated by the pool based on your shares should be fairly close, but that isn't a constraint on any particular interval of time. The difference is commonly known as "luck" in the community.
If you suspect a problem with a pool, what you need to do is remove your personal luck from consideration. Stop a few miners, clear the stats for those workers on the pool, then start the miners again. If the shares reported by your client don't match the shared reported by the pool, then there is a problem with the pool.
I mined on deepbit for ~6 months. It usually varies by a max. of 500-800mhash (calc. based on submitted shares) though. Swings of 2gh or more are rare if not inexistent & suggest temporary server issue. But you're right, easiest way is to reset the counter & compare submitted shares by client to those accepted by DB. The hashate is just an estimate. |
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EDIT: is there a way to have Deepbit pay 0.01 BTC transaction fee when auto-payment triggers? I'm fine paying that especially if it helps alleviate this horrible lag spike in my daily quota / payment.
You want deepbit to reduce 0.01 BTC from your payment & use it as transaction fee to transfer bitcoins to your address? Doesn't sound bad. If there was a checkbox for this, I'd use it every time. Could be 0.005 or 0.01, either way the priority transactions would be a very nice feature. 1 pool I mine on (bitcoins.lc) uses a 0.01 fee automatically and their payments always arrive within an hour or so. |
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Im pretty sure we all know why it plumets...
No. People on IRC claim it's the CIA or 'Bernanke', and 'you're an idiot if you don't sell now'. After a while you just tune out & ignore them, lol |
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Why do people keep selling low?? At least don't buy back high.
Panic sells? I mean, it pretty much plummeted... It "plummeted" because all sell orders down to $8.7 were filled. It wasn't the hand of God, an omen or a supernatural anomaly. Nobody is forcing people to sell their coins at $8.7. |
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Can somebody suggest which 6950 would be best to buy? Do all of them unlock or are there certain ones that don't?
If you goto newegg and search '6950' it comes up with something like 23 results!!! All appear to be in stock. Prices ranging from $200 after MIR to $300. Only difference I can see is that some have varying OC settings from factory.
Only reference cards can be modded. NO NEW CARDS CAN BE MODDED. None. Don't believe what people will tell you. Only the first ones that came out that were reference cards had the dual bios and had the shaders that could be unlocked. This. Don't buy the new cards, especially 1GB, unless you want to mess around with a 'bubblegum hardmod' which might not even work. If you want a 6970 for the price of a 6950 through BIOS flashing, try finding one of the old reference models. |
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Same thing happening. My hashrate on DB is ~6 ghash (two 3gh clusters), give or take a few hundred based on stats but currently it's been showing 4300-4500 for quite some time. have you tried switching to another pool for a few hours to see if it's specific to DB or whether it's something wrong with your local stats? No, I diversify to other pools all the time so it's not that. Eligius and some smaller pools like btcpool24 are showing correct hashrates so I narrowed it down to some bug on deepbit. |
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I bought both of my 5830's at $99 a piece. I can get 305-307mh/s steady. That works to 3mh/1$ already.
True but you also need a system to run the card. I proposed cheap old computers from craigslist ($20-$30) with PCI-e slots as a solution, which would bring such a rig very close to the desired $3/MH ratio. The computer I linked doesn't run PCI-e but you get the point, this kind of stuff is really available out there for very cheap. Some people might even throw these away rather than sell them. At current prices of components, this isn't doable with any other card than a 5830 (if you're lucky enough to find one) Also not counting the insane deals Bitjet got above, they are very rare or one-of-a-kind. |
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There's nothing to be bullish or bearish about in the short term. The price is dropping on emotion and mining proceeds being sold.
Tbh, I'd lean towards bear until we get any positive new signals. BTC wallet services and a big exchange just went down, that's reason enough to be negative.
Maybe those coins are even being sold off right now.
Sure, I'd like the price to go up. If it's based on positive advances in the bitcoin world.
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As long as they pay the transaction fee (no 0% special period like weeks ago) I think they're just fine. It's human traders panicking. Mt. Gox even officially encourages the use of automated trading bots. https://mtgox.com/support/tradeAPIThat's it. Now write a bot! |
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