Perhaps my sentence, with a Flesch-Kincaid grade level of 20.5, eluded your understanding. With the premise that the reader is also well informed (instead of talking down to them like they don't read news), and using this assumption of a shared cultural intelligence about the recent 7 billion population milestone declaration by United Nations demographers, my post above expects the audience know and recognize the recent news reference and to be able to extrapolate that I am asserting an expectation that only a small percentage of the population would actually have access to such a technology, were it created.

Get people to believe in your new movement and rally to your cause, then disappear with their money? Where have I seen this before?

Raising half a million is quite a feat, especially considering that any organizers are disparate, and the most official group is likely the one that got the best twitter name with a linked bank account set up first.

I have a feeling such technology would lead to nation-state warfare over control of the weapons of mass reproduction, IP lawsuits and corporate dominance, and 6.99 billion people without the means to produce the massive energy even one kilogram of matter contains still fighting over our planet's one-time gift of natural resources and dwindling remainders of land that aren't flooded or consumed by desertification. Mankind is what we is, but even less so.

Uh, Mr Potato Head! 50% More hash power than has ever existed on Bitcoin doesn't magically turn on at once within an hour.

You're only really at risk of being audited if you brag on a public forum where the IRS can subpoena your account info and IP address history.

BTW, if Madoff ponzi losers get to write off their losses, we should be able to also! This was allowed because it was considered theft - theft losses can be written off. You can perhaps write off the value of mybitcoin holdings in dollar, at the time they went poof, etc. if you want to be creative.

Hey, quit being so lucky, you're going to mess things up!

Last 10    151200-151207    31/10/2011 04:18    2'311'686.28    x1.92

Analysis:
It looks like big buy order took the price from 3.25 to 3.50 (but cleaned out the sell book in that range), then with the sell book empty up to 3.50, a rally to 3.80 from lower volume buys was much easier.


Here's a youtube vid of the mtgox hack/crash. It took 10 minutes+ to clear the order book, which was probably the hacker putting in just one or a few big sales.

Yep, stats look messed up, I'm still mining fine, but the pool reports a flat 3ghash/s total pool hashrate instead of the 60 or so it should show.

Edit: FYI, it seems the stats problem was due to Euro daylight savings time messing up calculations.

Here's the pident thread: https://bitcointalk.org/index.php?topic=32894.0

It looks like he stopped maintaining the site because a version change broke his software. The source code is available, but the main point of the site was to guess which pool found a block.

I don't know that I would be downloading Russian EXEs from newbie posters...

Here's the block explorer for testnet: http://blockexplorer.com/testnet

You can see that there were a whole bunch of blocks mined 10-27 within a few hours, and then no blocks for 24 hours. The testnet difficulty is 140 (compare with 1,400,000 of Bitcoin). Without money incentive to mine, transaction blocks come sporadically whenever someone is experimenting on testnet and decides to mine there for giggles.

40216    a6c0dc28ec...    2011-10-28 12:09:40    13    54634.2954906    3.511
40215    71f81d15f9...    2011-10-28 11:51:40    2    51.6590094    0.653
40214    1708a475ab...    2011-10-27 11:58:55    2    51    0.486
40213    187bf15214...    2011-10-27 11:48:49    2    51.3364906    0.699
40212    27792687ff...    2011-10-27 11:17:44    1    50    0.261
40211    831b0b8c55...    2011-10-27 11:13:30    2    2489.8895    1.237
40210    b387ec2abf...    2011-10-27 10:59:21    1    50    0.261
40209    10437580ba...    2011-10-27 10:58:31    1    50    0.261
40208    10f8b08f9d...    2011-10-27 10:56:55    1    50    0.261
40207    132d87c945...    2011-10-27 10:53:38    1    50    0.261
40206    877876aeb6...    2011-10-27 10:51:33    1    50    0.26
40205    107e704a48...    2011-10-27 10:50:29    7    2009.89    2.788
40204    2246624dbd...    2011-10-27 10:36:51    6    2025.2314906    2.811
40203    176f4b5291...    2011-10-27 10:31:17    4    104.999    1.033
40202    67b13d99b1...    2011-10-27 10:30:05    3    70    0.777
40201    1c393680de...    2011-10-27 10:29:23    9    2044.9975    2.655
40200    601dbbad0e...    2011-10-27 10:02:50    1    50    0.261
40199    12929c7e83...    2011-10-27 09:50:38    11    3529.8985    2.918
40198    119fda6e44...    2011-10-27 08:40:48    6    3029.9    1.915
40197    18db9fba3d...    2011-10-27 08:06:31    34    114190.55773022    9.666

On the regular bitcoin network, which has a consistent hash rate, a new transaction block is created about every 10 minutes, and you get the 6 block "confirmed" status in around an hour.

More information is needed: Are you trying to solo mine, or are you trying to connect to a pool? Have you looked at the configuration info web page for the pool? What kind of video card are you mining with? Guiminer doesn't work by itself; it has to connect to something.

I have contacted the internet.bs registrar (where the .net is registered), who said they will forward this information to their abuse department. It is possible that they will pull the domain ownership themselves instead of needing to get an ICANN dispute done, as the use of the domain has materially violated their own terms and agreements:

a. Revocation by us. We reserve the right to immediately suspend, cancel, transfer, modify, or terminate your Registration for any reason, including, without limitation, (i) your material breach of this Agreement; (ii) your use of any services, including, without limitation, the Domain registered to you, that is in contradiction of applicable laws or customarily acceptable usage policies of the Internet, including, without limitation, sending unsolicited commercial advertisements (including, without limitation, spamming) or sending threats, harassments, and obscenities; (iii) your use of your Domain in connection with unlawful or unethical activity; (iv) our receipt of an order from a court of competent jurisdiction or an arbitration award; or (iv) any other grounds for suspension, cancellation, transfer, modification, or termination that is determined by our sole discretion. You understand and agree that you will not receive any refund whatsoever for any such suspension, cancellation, transfer, modification, or termination of your Registration for any reason.

I would move the shelves of the rack together as close as they can go while still fitting the rigs in there, turn all the rigs 90 degrees, block off the long front and back of the racks with cardboard or such, and zip tie two or three big box fans to the side to blow air through the shelves and through the cards.

Slush didn't do this, everybody jumped on Namecoin mining the second the difficulty drop made it profitable, and mined 2000 blocks in three days instead of two weeks.

The correct answer is there is only one Bitcoin. It has been incredibly thought out and there is nothing to improve. All this other crap is crap.

Sounds like it's time to do an ICANN domain dispute or an ACPA expedited domain name dispute, they were hosting your copyrighted material, committing fraud, and now extortion.

In determining whether the domain name registrant has a bad faith intent to profit a court may consider many factors including nine that are outlined in the statute:

-whether the domain name contains the registrant’s legal or common name;
-the registrant’s prior use of the domain name in connection with the bona fide offering of goods or services;
-the registrant’s bona fide noncommercial or fair use of the mark in a site accessible by the domain name;
-the registrant’s intent to divert customers from the mark owner’s online location that could harm the goodwill represented by the mark, for commercial gain or with the intent to tarnish or disparage the mark;
-the registrant’s offer to transfer, sell, or otherwise assign the domain name to the mark owner or a third party for financial gain, without having used the mark in a legitimate site;
-the registrant’s providing misleading false contact information when applying for registration of the domain name;
-the registrant’s registration or acquisition of multiple domain names that are identical or confusingly similar to marks of others; and
the extent to which the mark in the domain is distinctive or famous.[11]

The scammers have now met every requirement. Plus you get to find out their registration info so fellow Russian bitcoiners can go kick them in the nuts.

Let's get this out of the way: Mining on this poster's 200khash/s CPU is pointless. A three year old Q6600/2.4Ghz CPU gets about 6Mhash/s. A year old $120 ATI 5830 video card gets 340Mhash/s. As much BTC as the OP would make mining in four years, I mine in one day on two newer ATI graphics cards. I have given away as much BTC as he would make in a month as "welcome newbie" gifts before.



"shares" are not used in solo mining.

First you must understand mining:

The goal of mining (which gets you a reward of 50 BTC) is to find a SHA256 hash of the current Bitcoin transaction block smaller than a minimum target (a target directly related to the difficulty). Normally a SHA256 hash is a very big number, but with random luck you may find a hash that is smaller than normal. Bitcoin's central challenge to miners is to find a hash value significantly smaller than average as the problem you must solve in order to generate a block, a task that is incredibly difficult and unlikely right now. To even have a 50% chance of finding a block solution, you would have to perform 6305947565173954 hashes at the current difficulty.  It would take the original poster with his slow CPU hashing about 999 years (I didn't just make that up, that is the actual time I calculated) to even get to the "50% likely" point of finding a block.

When you mine solo, the mining software you are using connects to your local copy of Bitcoin. The local copy of Bitcoin tells the mining software what data to cryptographically hash, and the current bitcoin difficulty. The mining software starts mining away, hashing and hashing, but doesn't send any data back unless it finds a hash that meets the full difficulty. Even with a high-end set up, it may take months or years to find a block. During that time, nothing is sent back from the mining software to bitcoin indicating how much it is hashing, it just keeps asking for more work when needed.

When pool mining, the pool needs to know how much work each miner is doing. There needs to be a clever un-hackable system that shows how much hashing the miners are doing, even if they aren't finding any full-difficulty blocks, so that when a block is found, miners can earn some bitcoins for just helping.

So here is what pools do: the pool software tells the miners that the current bitcoin difficulty is 1. A difficulty 1 block solve is nicknamed a "share".

What? But the current Bitcoin difficulty is 1,400,000 or so?

The pool therefore gets sent a whole bunch of hashes that aren't really Bitcoin block solves. One of them might be though. The pool then has to check each miner's submission that met the difficulty 1 challenge and see if any of them also meet the full Bitcoin difficulty, which would solve a block and earn the pool 50 BTC. However, having all these low-difficulty block solves submitted by miners gives an accurate and difficult to counterfeit account of how much work each miner is doing - and a way to dole out the rewards. Only pools use this concept of "shares" to measure work.

For a lame seven year old CPU, even difficulty 1 is hard.

Pool mining needs a way to track how much work people are doing. To do so, the pool requests that miners find a difficulty 1 hash of the current block. This low-difficulty submission is called a share. The pool then checks the difficulty 1 submission to see if it also meets the full difficulty problem. The full difficulty is ~1.5m, so it typically takes 1-2 million shares from miners before a block solve hash is submitted that is also a full difficulty solution.

When a full-difficulty solution is found and a block with 50BTC is generated, the amount of work done by miners and their reward is calculated from shares submitted.

The "accepted" message is likely that you submitted a share. A high-end GPU will find a share about every 10 seconds.