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281  Other / Politics & Society / Re: Why mining Coins or buying hardware from China is supporting murderers.. on: June 16, 2011, 12:27:23 PM
I apologise, it wasn't supposed to be a ninja edit, it was supposed to be a clarification.

I don't think the US government dropped nuclear weapons on Hiroshima or Nagasaki in the name of big companies. As much of an issue as the military industrial complex is, it is not the primary reason why governments kill. The ultimate reason why governments have gone to war over the centuries is to expand their own influence and ideals.

Also, even if you were correct, if you tell me to kill somebody and I do it, I'm not innocent. A corrupt government working in the interests of multinational corporations is still a corrupt government. Multinational corporations do not declare their own wars.

There is definitely a marriage of convenience between corrupt corporations and corrupt governments, and it's nothing new (see the East India Trading Company), but the government is a complicit and required part of this agreement.

Well that's the theory, at least.  What if there's no alternative?  How does the consumer stop corruption if there isn't a non-corrupt opinion to choose from?

Who do you buy your blood-free gasoline from?

This is an issue of misinformation. The unfortunate fact of the matter is that the general public either don't know or don't care enough to demand change. Somebody more cynical than myself might propose that this is not an accident, and that governments and corporations have tried to shut our eyes and stupidify us, successfully, I'll just say it's apathy.

I don't actually drive a car at the moment, so I don't buy it at all right now. Wink
282  Other / Politics & Society / Re: Ideas for a Bitcoin charity? on: June 16, 2011, 12:20:59 PM
Depends on the size, but something like providing Internet and/or computers to children in the third world would be a noble goal and could be funded through BTC donations.
283  Other / Politics & Society / Re: Why mining Coins or buying hardware from China is supporting murderers.. on: June 16, 2011, 12:19:32 PM
Well, I prefer to boycott the dollar than Bitcoin, but if anyone can make a list of blood-free (or best known blood-free) components we can use, I would probably tend towards using them. I will always support companies which provide good conditions for their workers through my power to do so on the market.

At the end of the day, one of the greatest weaknesses of the free market is said to be that it enables corruption, but one of its' greatest strengths is that we, the consumer, have the right and ability to end that corruption where we see it through peaceful and voluntary boycott.
284  Other / Politics & Society / Re: Why mining Coins or buying hardware from China is supporting murderers.. on: June 16, 2011, 12:07:15 PM
Whilst I completely agree that corporations (including but definitely not limited to Foxconn) do a lot wrong, surely if supporting murder is the ultimate measure of bad, then continuing to use the dollar/euro which has funded the murder of hundreds of thousands of Iraqi, Afghan and now Libyan civilians is a multitude of orders worse.

However you look at it, states have traditionally killed a lot more people than these big bad corporations. The alternative to Bitcoin/supporting murder in this instance is supporting mass murder.
285  Other / Obsolete (selling) / Re: Selling WoW account, 3 level 85s for 5 bitcoins on: June 16, 2011, 11:54:57 AM
Any gold on the account?
286  Other / Obsolete (selling) / Re: eve accounts pack. on: June 16, 2011, 11:33:25 AM
Yep, this is true. Selling characters for anything other than ISK is bannable, as is selling assets (they're not allowed to be listed in char sales, with the exception of supercaps as they're hard to sell).

The fact that you've posted these here with names in broad daylight makes it very risky for anyone to buy them.
287  Other / Obsolete (buying) / Re: Buying Mining Contracts on: June 16, 2011, 11:19:22 AM
See the link in my signature.

I don't usually do zero variance but if its a must have I could do for a fee.
288  Other / Obsolete (buying) / Re: Entertaining music piece. Can be digital or YouTube. 0.10 BTC on: June 16, 2011, 11:12:36 AM
The non-stop nyan cat? Shocked

http://www.nyan.cat
289  Bitcoin / Mining / Re: can a guru please look over my planned 3x 5770 setup please? on: June 16, 2011, 10:43:35 AM
First of all, the 5770 is a decent card on a budget, they run at about 100W each and as such this machine probably needs around 550W of continuous power. I would recommend making sure your PSU supplies continuous load 550W, not peak 550W.

You will need a pair of risers to put the 5770s in the PCI express x1 slots. These are commonly sold as PCI express x1 to x16 in line or flexible connectors. I believe cablesaurus is selling them in the marketplace right now.

AM3+ boards will cope with AM3 processors but I don't recommend the DDR2 RAM. Spend the extra 5 dollars and get a DDR3 stick. Consider a cheap HDD, flash memory has a tendency to die.
290  Other / CPU/GPU Bitcoin mining hardware / Re: SmartCoin - A simple, robust mining system for Linux. Any interest? on: June 16, 2011, 10:33:46 AM
Sounds really promising :p

Upping my pledge to 1.25 btc assuming built in support for Eligius US pool and Phoenix miner.
291  Bitcoin / Bitcoin Technical Support / Re: when using more than one GPU... on: June 16, 2011, 10:19:51 AM
Nearly always the one your monitor is plugged into will be device 0 (primary).

Most miners have a facility to list devices if they're different.
292  Other / Obsolete (selling) / Re: Mom's Basement Mining Contracts - From $52 per week! on: June 16, 2011, 10:13:01 AM
Thanks for the PMs. As it says in the thread I have no issue accepting BTC but due to volatility we would have to agree a price when you order.
293  Other / Obsolete (selling) / Re: Two sapphire 5830s on: June 16, 2011, 12:55:12 AM
$300 US shipped to the EU?
294  Other / Obsolete (selling) / Re: Bitcoin jewelry of any type- sterling, gold, platinum, palladium on: June 15, 2011, 07:14:46 PM
What about a two knuckle ring like this:



A bit thicker (I'm male), sterling silver, with Bitcoin as the text and a bitcoin replacing the O.

What kind of price would that go for?
295  Other / Obsolete (selling) / Mom's Basement Mining Contracts - From $52 per week! on: June 15, 2011, 05:26:39 PM
Mom's Basement Mining Contracts

What is This?
I'm going to be selling mining contracts (not based in my mom's basement, sadly) on dedicated mining rigs. These rigs are built using high quality branded products, and will be GPU mining via the pool of your choice directly to your wallet (if you don't have any account details, I can set them up to mine for you on Eligius, my pool of choice, as it only needs your receiving ID).

The main reason I'm doing this is to fund an expansion in my own long-term mining capabilities, not to make a huge wad of profit from you. Because of this, I'm not going to be charging the high fees that are currently ongoing in the contracts market. This does not mean you will have to wait for your mining operation to come online, I have rigs already mining and assuming I have the capability online right now, they will be shifted to your account upon purchase of services to give you an instant startup. Obviously, if you order more than I have in place, I'll let you know what the delays should be.

A lot of mining contracts out there don't seem to be profitable, but these (the MH-800 and MH-1200) are going to kick that trend and offer decent outcomes for you even if you're just looking for pure $ profit (obviously, this depends on a decent GH/sec to dollar ratio).


Advantages of Contracts
Advantages over buying Bitcoin on the market are:

  • No risk of getting stolen bitcoins, all BTC are newly generated
  • No risk of getting your money stolen by a scammer
  • No commission fees, market depth issues or exchange delays
  • Output based purely on difficulty, not exchange rates

There are also advantages over buying your own mining rig, mostly boiling down to:
  • No chance of downtime issues or damaging your components
  • No need to deal with electricity costs, noise, heat etc. just pay $ and get Bitcoins
  • Don't need any technical knowledge to get the best out of it

Purchase Information
These contracts are going to run for a minimum of 13 weeks, but I'll allow you to extend your contract for an extra four weeks at the same price per week as the first 13 at any time before it expires. Payment will be in advance 100% (for 13 weeks) via bank transfer, Liberty Reserve or Bitcoin.

If you want to pay in Bitcoin, we will discuss the price at the time of purchase, but it will probably be done at or around Mt Gox last price.


Pricing & Profitability
$ Output is calculated at today's (15th June 2011) difficulty of 877,227 and today's Bitcoin price of ~$20. At this rate, you would get 0.00114 BTC per MH per day, or $0.0228 per MH per day. As difficulty and Bitcoin price are linked, the best we can do to calculate profitability is assume that a MH keeps around the same profitability (although the profitability of 1MH has definitely risen over the past month, which would work in your favour if it continues).


Contract TypeMH/secBTC/dayPrice (1wk)Price (13wk)$ Output (13wk)Exp. Profit (13wk)Available
MH-400 I3700.42$52$676$767.67$91.67Now
MH-800 I7400.84$84$1092$1535.35$443.351 Week
MH-1200 I11101.26$115$1495$2303.02$808.021 Week

Obviously, none of these profit margins are guaranteed, they are simply a model at today's value per MH which could rise, fall or stagnate. BTC/day is based on today's difficulty, and is subject to change during the contract period.

Price Comparison
I don't like comparing this service to Vladimir's or Bitcoin Rigs', because we are all serving different markets for different purposes. Having said that, I feel compelled to compare simple 1GH/sec prices across the market for an easy glance. Check out all of the services and see what you want. This table is correct TO THE BEST OF MY KNOWLEDGE. If you spot an error, let me know.


ServiceVladimirBitcoin Rigsalexdrans' 400alexdrans' 800MH-400 IMH-800 IMH-1200 I
Per 1GH/s/wk (US$)$158.41*$192.31$144*$135.50*$159.46$113.51$103.60
Min Size1GH/s1GH/s0.4GH/s0.8GH/s0.37GH/s0.74GH/s1.11GH/s
Min Length4 months3 months1 month1 month3 months3 months3 months
Zero VarianceYesYesNoNoNoNoNo

As you can see, I can offer some very flexible contracts in terms of GH/sec (three sizes to choose from) and also the lowest prices, alexdrans offers 1 month contracts, which seem to be attractive. Vladimir offers zero-variance and is a Limited company (I assume this means he can give you a VAT receipt if you're in the EU). We are all different services aimed at different customer bases.

* For Vladimir's and alexdrans' service, I have used the xe.com GBP to USD conversion rate of 1.62.

I have assumed Vladimir's month is 4.5 weeks or 31.5 days, and that Bitcoin Rigs' 3 months is 13 weeks.


FAQs
Admittedly some of these questions aren't really 'frequently asked', they're just ones which I think you might ask. If a question is frequently asked, or I just think it's a great question, I'll add it here.

Do you do shorter contracts/can I pay monthly or weekly?
Sorry, I'm not able to offer credit agreements. The only way you will be able to pay monthly or weekly is if you use a credit card to buy LR or Bitcoin and pay your credit card off monthly or weekly. I am also unable to offer shorter contracts, as the idea of these contracts is to forego the profitable short term mining to fund a long-term expansion in my mining capability.

What uptime do you guarantee?
I will guarantee zero downtime via the following mechanism:
- For each of the first 24 hours of downtime, I will add another hour to the end of your contract.
- For any hours beyond 24 of downtime, I will add two hours to the end of your contract instead.

Can I have shell access to my rented rig?
No. I can't offer uptime guarantees and shell access, and I can't risk one of the cards being overclocked to the wrong specifications. If you want me to run a specific miner or a specific set of options, or something other than Bitcoin (Namecoin, F@H, whatever), then I am willing to do so upon request (assuming it's not malware or illegal).

Can you offer zero-variance?
I could probably do this upon request for an extra fee of around 10%, but it's not a part of my mainstream plans.

Where is your flashy website?
I haven't made one yet, but it will come soon™.

What hardware equipment are you using?
My rigs run on AMD Sempron 140, AMD Sempron 145 and Intel Celeron E3400 processors, DDR2 & DDR3 RAM, 7200RPM SATA hard drives (USB flash drives fail often), XFX / Corsair Power Supply Units (650W/750W for MH-400 I and MH-800 I, 1000W for MH-1200 I) and XFX / Sapphire Radeon 5770, 5830, 5850, 5870, 5970 and 6970 GPUs. Most run open-case and no GPU cores run above 80C.

Can you guarantee hash rates?
Mostly your hash rates will be a little bit lower or higher than what has been specified (no more than 5% variance), but if I can only get 5830s due to the market, they could be a little lower. I will let you know before you pay if this is the case, and will discount your prices accordingly.

If you do get a very low hash rate (more than 5% below quoted, as there will always be variance) then you will be compensated in Bitcoins for the expected value. Please don't think this means that if you end up with 1102 on a 1110MH rig, that you're going to be compensated. Hash rate will be judged by the mining applications, not by any pool stats which are often inaccurate.

What software are you using?
My machines run regularly updated builds of Arch Linux, AMD Stream SDK 2.4, latest Catalyst drivers. I prefer the phoenix/phatk miner, but can use phoenix/poclbm or diablo if requested.

What customer support can you offer?
I can offer support via IRC (FreeNode), by e-mail or by UK SMS message. I'm working on a web-based interface to monitor downtime, but for now we can use the mining pools' stats pages to monitor that (I use eligius by default, which has no registration and just pays directly to your wallet).

Who are your customers?
My customers have a right to privacy, and I will not be sharing their identities. Should they wish to comment on the quality of the service, that's their right, but they have no requirement to do so.
296  Other / Obsolete (selling) / Re: Cinfu.com - Cheap Web Hosting and VPS Servers accepting Bitcoins on: June 15, 2011, 03:19:14 PM
Is discount applicable to multiple IP addresses?

Can you offer PLESK panel?
297  Economy / Marketplace / Re: Selling a good portion of my bitcoins. $17.75 a piece. Accepting paypal. on: June 15, 2011, 02:31:23 PM
I don't mind sending direct through Paypal, at least that way I can chargeback you if you don't send me any BTC. :/
298  Other / Obsolete (selling) / Re: So 5850s are out of stock where you are, huh? on: June 15, 2011, 01:05:38 AM
still selling them? updated prices?

About 11 BTC each would cover my costs at current rate, plus shipping.
299  Other / Obsolete (selling) / Re: Forget e-bay. Selling my Macbook pro 15.4 Inch" for 70 BTC (over 500 feedback) on: June 14, 2011, 07:52:06 PM
If this sells can you let me know? Considering selling my 17 inch MBP.
300  Other / Obsolete (selling) / Re: [UK] Hardware - 5870's, PSU, more. on: June 14, 2011, 03:20:12 PM
If you can confirm the cpu is am2 not am3 I can offer 2.2 btc (that's like £30) for the cpu (with heatsink/fan) and the ram shipped to me in the EU. Pm if this interests you.
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