Too many people have gotten their coins stolen from blockchain's wallet. You should just bite the bullet and set one up on your computer.
I have one, it's just that running the bitcoin-qt client takes forever to sync the blockchain, and its extremely inconvinient to use. |
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Recently, I have recieved the following email from blockchain.info.  Does this mean that someone tried to login, but they got the WRONG password? Or does that mean that someone tried to login and they got the RIGHT PASSWORD and then were denied by BlockChain.info because of suspicious activity? I know that google does this. Quite often when I login to my Gmail from a tor exit node, as well as inputs.io. But does Blockchain.info do this?It's a DEAD IMPORTANT detail that Blockchain.info doesn't make clear! Is my password compromised or not?! |
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As we all know, BitSpend was a company we all loved. A company that would take our bitcoins, and in return, order products of our choosing from any website and have it delivered to us. Allowing us to purchase our products online with ease and convenience. As they operated, they did this job incredibly well. I speak from first-hand experience, As I myself have ordered over a grand of products using BitSpend. 2 months ago, BitSpend employees suddenly reported that their primary bank account and the funds within have been seized. Shortly thereafter they updated us to only tell us that their personal accounts, too, have been seized. Reason why is currently unknown. Quite possibly, for "Unauthorized Money Transmission". Ever since, we have been left in nearly complete silence. Nobody has reported recieving any orders from BitSpend anymore, and nobody has reported receiving refunds anymore. Nobody has heard a word from BitSpend, in any way shape or form. Recently, The following has been posted on BitSpend's subreddit, including a quote from Private Messages exchanged between the OP and BitSpend owner, Justin Welchel. ""Hey Justin, If you don't share some information with us in the coming days, I will assume you have planned this as a scam all along. Whats the deal? Are you starting to process refunds or not?"
then he said
"Yes. Losing my house, my job,m my income, and almost my wife and kids all so I can now live in a shitty apartment trying to find a way to feed my kids, THATS a genius scam! I have not posted ANYTHING because I dont know when I will have it all. I have made financial plans with my wife to begin sending people back their money starting in November, but until I know for sure when that will be I wont begin giving dates.Look, I spen t 18 hours a day working on Bitspend, I gave up my job, my savings, everything... now I have nothing... so if you want to start throwing out a "scam" threat, it will be pointles"
another message
"I guess you have no other option then. I will in turn be left with no option but to begin proceedings for Bitspend to enter bankruptcy. I had hoped to avoid this and to be able to earn enough money personally to do the right thing and pay you guys back, even though as a company all I have to do is file bankruptcy... I wanted to get you guys refunds so I personally took TWO FREAKING JOBS so I can EARN MONEY TO PAY YOU BACK as I felt is was something good people do. If you feel you need to sue Bitspend, I cannot stop you. I will now be ceasing to use this account, as I feel that now that you have told me you are bringing legal action against my company, I will no longer have any direct contact with you." What do we make of this? Reddit URL: https://pay.reddit.com/r/BitSpend/comments/1mxks1/bitspend_website_gone/ |
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I found two blocks on my server since I started mining on it again. That's three blocks in the past 30 days. Sounds about right? But then I realize... that's only like... $15 nowadays. Primecoin profitability is down.  Edit: 16:07:58

getmininginfo
16:07:58

{
"blocks" : 176432,
"chainspermin" : 17,
"chainsperday" : 1.46708134,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 9.86501253,
"errors" : "",
"generate" : true,
"genproclimit" : 7,
"primespersec" : 2680,
"pooledtx" : 0,
"sieveextensions" : 9,
"sievepercentage" : 10,
"sievesize" : 1000000,
"testnet" : false
}
My chainsperday is 1.46. Does this serve as a kind of ACTUAL benchmark of performance with mining? |
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I am doubtful that the miner - even if real - is a big deal. The secret to high performance to threaten CPU and GPU mining I'd massive parallelization. Can this even be achieved on any FPGA that doesn't cost a royal fuckton?
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.............................
You show little literacy about hardware development and failed to answer a technical question that would not release any vital information about the supposedly privately commissioned product.
Honestly I think you sound a lot like a scammer. Videos don't provide any real proof as they can easily be faked and your grammar and word usage sounds like you are 14 years old.
What do you say?
Not a scammer. This guy made his custom FPGA boards waay back, at the time we were mining with 2-3 GPU cards he had about 70GH or so in FPGA. He doesn't talk much about his work, actually I am surprised. As for the grammar and word usage, English is not his native language, so... Yeah. I stalked up a bit more and I find this to be correct. Great scott, though. He needs help with not looking like a scammer. he looks like a perfect setup of someone who doesnt know shit about hardware trying to make people think he has a product that can mine LTC at astronomical rates so that they preorder. Just being paranoid. That's all. Apologies. |
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I have a feature request.
I recently requested my account name be changed from "ReCat", to "RadimirBTC". I am happy with the change. However, outdated links like the one found in my signature cease to function. Can something be done so that old links will redirect, or that the new page can contain some text indicating that the account was previously known as "ReCat"?
Regards,
Re
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Being paranoid often pays off. First they laugh at you for being paranoid. But then they don't laugh. because they're dead, and you're not, because you were paranoid.  I can only agree on this.  Stop agreeing with someone who is trying to oppose you. XD Thats not how it works. |
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add the reason "it's a CPU coin".
It was a mixture of the fact that you had to look for new miner releases daily and had to tune arcane parameters all the time the fact that you are basically competing with botnets and cpu server farms which are still more numerous than GPU farms and you have the reason why a cpu coin will have difficulties maintaining value.
Also, for parameter tuning, instead of collecting parameters for different CPUs somewhere (as is the case for GPUs in litecoin/bitcoin wikis, but probably took some time until those were available as well), it was every greedy man for himself. Mining primecoin was a lot more work than any other recent coin, while you were competing with botnets.
all botnets do is dump immediately, the same as ASIC miners do for bitcoin since their chips are worth their price in metal otherwise.
The poll option "The fact that Mtmlr's GPU Miner does not work" implies this. Can you add :
"more sellers than buyers "
To the poll ?
That's what the question is about, though. Of course that is why it's gone down. But WHY are there more sellers than buyers? That is the question. |
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Well I'll be damned.
Weird stuff.
A google search query of the device ID's ("idVendor=0x1234" "idProduct=0x1010") yields many links to z.download.csdn.net where such information is referenced almost exactly, some kind of chinese internet forum. Apparently this has something to do with "STM32", which is a model of ARM Cortex MCUs. It seems to me the device id's referenced might be the ones of those devices.
Or maybe it's a generic idVendor and idProduct, but those were the only matches I could find.
Otherwise I could not find any correlation between what he posted and anything currently findable by google.
I have to say, it's a mystery. Maybe he does have an fpga miner, but it's single-threaded and does not resolve any of the scrypt fpga-mining issues that makes it so unprofitable so is more or less exactly worthless.
0x1234 was default in the usb stack I used. 0x1010 si for visual, I had many of this boards connected to a linux and I needed a way to quick recognize them in lsusb output. But all this effort and you didn't notice that it uses a derivation of BFL SC communication protocol.. Well, I have not used BFL devices. Either way, I'm not really jealous. If it's real, then fantastic, scrypt will have an even more secured future. Dedicated devices are fundamental for the long-term safety of a coin, I think. I just think it all sounds like a big setup for a big scam. Being paranoid often pays off. First they laugh at you for being paranoid. But then they don't laugh. because they're dead, and you're not, because you were paranoid. |
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Well I'll be damned.
Weird stuff.
A google search query of the device ID's ("idVendor=0x1234" "idProduct=0x1010") yields many links to z.download.csdn.net where such information is referenced almost exactly, some kind of chinese internet forum. Apparently this has something to do with "STM32", which is a model of ARM Cortex MCUs. It seems to me the device id's referenced might be the ones of those devices.
Or maybe it's a generic idVendor and idProduct, but those were the only matches I could find.
Otherwise I could not find any correlation between what he posted and anything currently findable by google.
I have to say, it's a mystery. Maybe he does have an fpga miner, but it's single-threaded and does not resolve any of the scrypt fpga-mining issues that makes it so unprofitable so is more or less exactly worthless.
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Nah r3wt that's not how I am. Nice that at least we've come to an agreement. Indeed, let's see what he says. |
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Anything with an FPGA is never a "basic design", FPGA's are always complicated. There exists no FPGA hardware that costs only $1 per unit. (FPGA is an expensive technology, which is why it is not suitable for any low-cost market segment, like consumer hardware.) You show little literacy about hardware development and failed to answer a technical question that would not release any vital information about the supposedly privately commissioned product.
Honestly I think you sound a lot like a scammer. Videos don't provide any real proof as they can easily be faked and your grammar and word usage sounds like you are 14 years old.
What do you say?
are you stupid? he's talking dollar khash ratio. he wasn't talking about a 1 dollar, complete unit. get off of your horse. I find it highly suspicious that someone with such a terrible trust rating is defending this guy. :/ its funny you should mention it as well. if you watched the video it becomes obvious in about 15 fucking seconds that this is real How can you know that test_miner.py isn't just a script full of echo commands with a time.sleep in between? Or hell, even a CPU miner, which is more or less correct as to what the speed you'd get would be. Just look at the text output when the script was given a ^C.  Suspicious. Post the source to test_miner.py, since all it is is a mining client and would not release any confidential information. If it shows legitimate USB or serial port interfacing code of some sort then I'll believe you. |
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Anything with an FPGA is never a "basic design", FPGA's are always complicated. There exists no FPGA hardware that costs only $1 per unit. (FPGA is an expensive technology, which is why it is not suitable for any low-cost market segment, like consumer hardware.) You show little literacy about hardware development and failed to answer a technical question that would not release any vital information about the supposedly privately commissioned product.
Honestly I think you sound a lot like a scammer. Videos don't provide any real proof as they can easily be faked and your grammar and word usage sounds like you are 14 years old.
What do you say?
are you stupid? he's talking dollar khash ratio. he wasn't talking about a 1 dollar, complete unit. get off of your horse. I find it highly suspicious that someone with such a terrible trust rating is defending this guy. :/ |
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Anything with an FPGA is never a "basic design", FPGA's are always complicated. There exists no FPGA hardware that costs only $1 per unit. (FPGA is an expensive technology, which is why it is not suitable for any low-cost market segment, like consumer hardware.) You show little literacy about hardware development and failed to answer a technical question that would not release any vital information about the supposedly privately commissioned product.
Honestly I think you sound a lot like a scammer. Videos don't provide any real proof as they can easily be faked and your grammar and word usage sounds like you are 14 years old.
What do you say?
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Will you be releasing the vhdl sources? Have you overcome the problem of mass parallelization that is required to get high performance? What is the model/make is your FPGA and how much did it cost?
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Hello, I find these things very interesting so I can not help but create a poll as my previous poll has had an acceptable success. Perhaps it may help shed some light as to why this is happening, or may otherwise yield at least somewhat interesting results. The poll will run for only 7 days, so that the data collected will represent only the present time, and so that it will not get messed up in the future if opinions change. ~Re |
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I do not quite understand why you are being so informal about something that would be so significant? Is this a joke or real?
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I'm surprised by how negative the poll results are. 40% Extremely Negative? I wonder if it'd be a good idea to create another poll asking if we think that the crash of Primecoin has any relevance to the GPU Miner. It could yield interesting results. Edit: Done. |
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