I read about it on Digg during 2013. Got interested, did a lot of Googling then, got involved and signed up on this forum too  |
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Well, I wouldn't say I'm in love with this chick, but I would sure as hell fuck her brains out!! |
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While the scheme is in its early days, Hull City Council are actively mining. Its GPU mining rig is based on two Sapphire R9 290X graphics cards, and the project’s technical expert, Craig Chamberlain, said that the machine is running at 1.6 MH/sec. HAHAHAHAHAHA! That mining rig can be more than enough if they're the only one mining Hullcoin. And they said they were going to expand their rig. |
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my friend suggest me to mining scrypt coin instead direct mining BTC
and then sell my coin to BTC
whiich scrypt coin is most profitable right now?
The profitability keeps changing every hour. Join a multipool that mines most profitable coin and converts them to BTC for you. There are lots of them, wafflepool, clevermining and middlecoin to name a few. (Google them) |
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An account with over 100 posts can earn that much or higher BTC in just a month by advert signature program.
I would sell you mine for 2 BTC (lol)
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It's summer and its 37*C  Do you guys burn in 37*c? Then how would you feel in a summer like ours where the temp goes to 45* C? |
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Nice site. I find some of those memes really funny. And especially that "What I Really Do" one!  |
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It's still a great time to buy HVC!!! I'm buying 100,000 HVC. You have to follow the twitter to get the info instantly. I'm a few days old already.
And who is providing this education on Twitter, exactly? |
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Call this a heads up, KNC just announced a motherfuckin' SERIOUS scrypt ASIC, see link in sig.
Y'all got about 6 months of GPU mining left. Make the most of it!
Wow, it looks really good, minimum 100 MH/s and shipment begins in Q2/Q3 of 2014  If these asics are shipped in Q2/Q3, those buying GPUs today will probably not be able to get ROI... KNC just upped the specs from 100 MH/s to 250 MH/s !! I wonder if small scrypt ASIC miners (Read: Gridseed) will have same fate as GPU miners. Probably worse, because GPU miners can always switch to GPU-only coins, which Gridseed miners won't be able to do. |
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How about a middle approach?
Calculate profitability vs BTC for both coins. At present VERT is more profitable. Now lets assume VERT mining gives you 0.2 BTC a month and Dark gives you 0.15 BTC a month.
So mine VERT, keep 0.15 BTC worth of VERT and sell 0.05 BTC worth of VERT for Dark.
Now you have both VERT and Dark. But you also did not lose those 0.05 worth of profitability (if you were to mine Dark).
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150% is a generous payback. But as someone said once, "Ponzi schemes work until they don't." Someone in the end HAS TO LOSE in order for others to win. That's how they work. In short, they're a kind of gambling, and I won't gamble with my BTC.
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I bought at higher prices than now so I am comfortable to wait and HODL until the prices go up again. If not, then it's OK. It's not like I spent all my life savings on it.
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Just participated and completed the survey. Thanks!
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I personally prefer DarkCoin due to its anonymous blockchain (yes, I have read about the anonymity method, discussed it and I believe in it, so I wouldn't debate it again here). And I live in warm climate, so it is a benefit that my GPUs run much cooler with X11 algo.
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A court in Fort Worth, Texas, has granted a temporary restraining order to freeze the bitcoin wallets of ASIC mining hardware manufacturer HashFast Technologies LLC and HashFast LLC, after a customer claimed it failed to deliver hardware on time or negotiate a refund.
The TRO was part of a wider lawsuit filed against HashFast on 27th March by Cypher Enterprises, who claim it ordered and paid HashFast for several items of bitcoin mining hardware in early October last year. The complaint says HashFast failed to meet its promised delivery date later that month, prompting Cypher Enterprises to cancel its orders.
Source: http://www.coindesk.com/court-grants-order-freeze-hashfasts-bitcoin-wallets/I guess someone had to do it! Suppliers like HashFast and BFL have to be sued over their negligence over their customers' pre-orders. |
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Forget about non-privacy, not-decentralized and all that typical crypto-currency stuff you have been talking about Bitcoin for a moment.
A government body officially accepting crypto-currency for a means of social/economical development is good for Bitcoin or the virtual currencies in whole.
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Its due to the IRS ruling.
We have to say no to regulation. Regulation is bad.
First let me make clear that the ruling/law it is illegal, retroactive laws are not legal.
The law is a burden on everyone that deals with bitcoins in the USA.
Now under the law miners will have to track every time they get bitcoin and the corresponding market rate, the problem is that it creates a huge burden on miners trying to comply, not only a burden but the so called law it is impossible to comply with.
here is an example by the law is nonsense for a miner:
btc btc dollar value
time 1 receive 0.3 100
time 2 receive .4 200
time 3 .1 500
time 4 .4 400
so now you have 1.2 btc, in the wallet it is treated as 1.2 with inputs from many other smaller portions making the total 1.2
so lets say you spend 0.5 coins, now what is the dollar of the purchase of that .5 btc ? that is required by law.
in the wallet the protocol will make the payment and leave you with 0.7 btc but it will not determine the dollar value, in fact since most likely that 0.5 BTC will come a little from each each BTC transaction for practical purposes you can not tract the purchase value of that .5 btc unless you go to the blockchain and see how much of each bitcoin was taken from each transaction.
Now lets say you have 1000 transactions in your wallet, good luck tracking down the purchase value in dollars.
That is a huge burden, so I am certain that absolutely no one will be able to obey the rule of the so called law, it will creates a huge burden, smaller miners will ignore the law, and the large ones will be force to go to a bitcoin friendly country.
Vendors will have track purchases, and the current price of the dollar another burden.
buyers will not only lose their privacy, but will pay sales tax and property tax.
This last so called law is illegal, I personally hope that most bitcoiners challenge the law with the goal of making bitcoin free of illegal laws, and show politicians that bitcoiners stand together.
The good news is that the mining portion of the law is not enforceable, so if you agree and believe the law is legal then try to comply, and I say try because I do not think it is possible to comply.
I personally have no clue which was my first dollar purchase in 2013, or the last one, so why should we be expected with bitcoin to keep track of what we do not keep track with dollars.
Isn't ZGW (Zero Gain Wallet) a solution to this issue? ZGW is the first one and maybe there will be many more to come to overcome this 'calculation' issue. Let us not allow government to force such a mundane problem to the solution. |
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We've been the lowest fee profit-switching pool since our start, but we do have to raise the pool fee from 1%, to 2%.
In an effort to keep with the transparency that this pool has always tried to put forth, a full explanation of the reasoning/rationality follows.
Essentially, it is nearly impossible to run the pool the way I'd like it to be run at a 1% fee. Of that fee, a huge portion comes off the top immediately to exchange fees. Using cryptsy as the example because most of our exchanging happens there, we lose 0.3% immediately. We also lose a bit (depending on the coin) to transaction fees to get coins from our account, to the exchange, a bit more from the exchange to our bitcoin account, and a decently large chunk in bitcoin fees (this has gone down in 0.9, but its still a decent amount with our volume of low-priority coins) when we run payouts (and a lot more on sundays when we run 0.001 minimums).
After all of these fees, plus hosting costs (which have doubled due to the DDOS and constant attacks on our boxes), DDOS protection, server monitoring, etc, we're left with an extremely small amount for actually running the pool. At the end of the day, with me working on the pool for 40hrs/wk (a very conservative estimate), I'm looking at what amounts to a manager's job at walmart. Except the manager at walmart doesn't get woken up nightly due to server pages.
Essentially, for me to be able to justify the amount of work I put in on wafflepool, I need to raise the fees.
I've been wrestling with the decision for a few weeks now, and during the start of the DDOS/attacks was at the point of saying "fuck this, its just not worth the stress", but decided to fight through it and get 3hrs of sleep a night for the week. We're back, and today is our best profit day in a while (thank god for bad luck streaks...), but its at this point that I need to raise the fees to make it worth it to run in the future.
2% seems reasonable to me. It matches almost all of our competitors (who were smart enough to do it in the beginning), and isn't a huge change to the end user (1% to 2% isn't a major change in profitability). And allows me to sink more work into the pool without feeling screwed at the end of the day.
Again, sorry it has to happen, feel free to rant about how this is the end of WP/multipools/etc, it wasn't a decision made lightly.
PW, I admire the way you operate the pool and the way you communicate with everyone here. I have been with you in past and will continue with your pool even with raised fees. No issues there! |
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Let the price go below $10; I have a HUGE Buy order |
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AAP may give strong competition to BJP in many parts of India aah, cool Yes, I really believe so. Granted, Arvind K is not a 100% clean man, but who else is? And if you're willing to fight the pig, you're gonna be in mud! Some level of dirty politics is acceptable, otherwise you cannot make your way into the system where power is in your enemy's hands. The only question is how you keep yourself clean when YOU come into power. |
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