if its possible; then how do i do it?

How do i get the gpu to mine? it doesn't sound simple.
Any instructions? Or do someone has to write a code for this to work.

Honestly, I rather have the code lock down most of the 7.7 million fund for your laundry use than for only 4 million to be locked down and you have 3.7 million that you will give to faucet and developers at your discretion. But that's just me. I would suggest you to create a new poll and see what people think.

Take ? ^__^

What exactly do you mean, how much will it cost to run moneyz through my laundry ? Hm... you know, I hope to keep it below BTCL's 4.555% - much below, in fact.

But it's somewhat silly to make such inquiries before beta, don't you think?

Well, exchanges are known to do silly things (ref: that Polish dude who pwnt his own exchange), and a big-time attacker could run his own exchange (the loss is essentially passed to the users who bought "pwnage coins" in that scenario)

1) Laundry fund isn't 7.7 mil. Given that I have pledged 2 mils to the faucet(s) aka Late Adopters and that about ~1.5 mils are reserved for dev-endeavors, it's quite less than 7.7 mils.

2) In my humble opinion, loss of laundry will be catastrophic enough to doom the project irrespective of whether the funds are dumped or "merely" lost forever

3) In about 6 years, 7.7 mil superfund will be not that super, and its ability to ruin the market won't be so immense. That is even more true for a fund of ~4 mil that is actually intended for laundry per most recent agreement.


Well, like I said in the postscript (that I sadly added only moments before your response), I consider creation of "miners that do not accept laundry-killer tx" to be pretty imminent irrespective of what I, or for that matter the majority of miners, think (even if majority goes "duh", some miners will run such a thing)

I do also think that adding a Laundry-Watcher and Notification thingie to ABE would be verily nice and might get quite popular irrespective of how "laundry lockdown miner code" fares.

P.S.:
I'd like to use this opportunity to remind everyone that per current agreement, Laundry-fund isn't whole whoppin' 7.7 mils

You need to enlist this guy to do the research https://bitcointalk.org/index.php?action=profile;u=24792

@Yeah kinda been pre-occupied and I got a hella backlash from people saying NOT NO BUT HELL NO!!!

Also I have been working on some Intersango type exchanges for GG, TBX and now possibly add I0C and IXC since the unfortunate forking incident closed Bitparking. Hopefully have everything polished out in a couple of weeks.

and yes Bulanula, I 100% know without a doubt that if I open an exchange where GG,TBX,IXC and I0C can be traded for BTC, people will use it, BCX or not! (middle finger both hands bulanula  )

~BCX~

PS Before anyone says it, if you don't want to use an exchange because I run it, I don't give a shit, fuck you!

It does give you something of value, its called bitcoins, currently worth about 5 bucks each.

How much did he give you to be his mouthpiece?

I'm not exactly seeing what will be lifting BTC up to $10 again, let alone $50.

Um, you mean you just copypasted the binaries built on one linux block to another lin and it misbehaved ? Or is something more sinister afoot ?

Also, AFAIK the max coinage a chain can deal with is around 130 billions....

Good doggie, now run and sell some of the Tenebrix you've mined, because I hear there's some folks buying those thingies quite eagerly over there on btc-e.

Bulanula, are you on win or on Linux ? I'm about to pull an experimental Tenebrix Minerd optimization by ArtForz that is tailored to 64 bit linuxes (completely untested on win)
Can squeeze out up to 30% more.

The network doesn't record anything (for solo or pool).

Each hash is an equal chance.  Like buying a lottery ticket.


At current difficulty every hash as exactly the same chance of being the winner.

You have a 1 in 7,255,634,282,020,860 chance of finding a "winning" hash.  Period.
Every new hash is another chance.  If you have a 100MH/s miner then you get 100 million chances to "win" every second.


The losing tickets are worthless.  Now for pools to keep track of how many hashes miners are trying (to split reward when a block is found) the pool will have you return losing but still difficult to find tickets/hashes.  On average you have a hash good enough for the pool every 4,294,967,296 hashes.  So you turn those in an each one tells the pool that you have mined roughly 4,294,967,296 hashes.  It is simply a mechanism to keep people honest.  Pools call those 1 share.  1 share ~= 4,294,967,296 hashes. 

Otherwise I could write a miner that told a pool "Yup I just mine 11 quadrillion hashes. they were all bad. please pay me".

Three key things to remember:
1) Only the winning hash is worth anything
2) You don't work towards a winning hash.  You either win or you lose.  Then you try again.  If you mine 100 billion hashes and they all are losers then you are no "closer" to winning hash than on first hash.
3) Shares in a pool are worthless.  They are simply a mechanism to keep miner's honest.  The only share worth anything in a pool is the one that solves a block.

The best way to understand it is the lottery analogy.  Every hash is a new ticket.  It either wins or it doesn't.  You could (very unlikely) win 2x back to back.  You could also mine for the rest of your life and never win = find a hash which solves a block.

If you don't have 20GH/s then honestly you shouldn't be solo mining.

So, I remade with gcc-4.6.1 and there is no actual performance increase... not sure what is going on exactly.

edit: never mind, had to recompile with CFLAGS="-march=amdfam10 -O3" ./configure
and then with gcc-4.6.1

Now I'm at 3.40kh/s!!  thanks!!