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2941  Bitcoin / Meetups / Bitcoin Conference 2013? on: October 26, 2012, 08:30:44 PM
Just curious if there were any plans in the works for the next "official" Bitcoin Conference?
2942  Economy / Service Discussion / Re: is butterfly labs mining with those ASICs at the moment? on: October 26, 2012, 08:29:02 PM
Lets get back to the thread ignore the rest you guys are right.
BFL is not mining with ASIC's and never have to this point.
They have not got a test batch of ASIC'S So they are more then 1-2 months out from ever producing a working model for the customers. If they have no problems with the test batch.

These are all facts about the thread lets stay on topic here Cheesy

I got 27 LED's thank you they are hidden under my new seceret octolayer PCB built on tooth pick sticks and can reach 10 t/h easy
I like how you use that as an excuse to ignore my questions you cannot answer.  Wink
2943  Other / Off-topic / Re: Video Game System Advice--What do you recommend I try? on: October 26, 2012, 08:27:14 PM
Honestly crossfire can bring a lot of headaches when trying to game on it.  If you want something that "just works", pick the best processor, the best SINGLE card, and then upgrade only if and when you are dissatisfied with the performance.  There are very few games out that need more than a 6950 (which looks to be the best card in your bunch) even running at max visual settings.  Just my opinion.  Wink

Also, if we're plugging for Minecraft servers, play.minecraftcc.com is a good one.  Wink  Also accepts Bitcoins for donations!

Is setting up crossfire is much more complicated than doing SLI?
No, it's the compatibility headaches that you have to deal with afterward that suck.  Games not running right, running more slowly than on a single card, crashing, etc.

Since underminer already has experience in that realm, and doesn't mind fiddling, it's a moot point for this particular discussion anyway.
2944  Other / Off-topic / Re: Video Game System Advice--What do you recommend I try? on: October 26, 2012, 08:18:26 PM
Honestly crossfire can bring a lot of headaches when trying to game on it.  If you want something that "just works", pick the best processor, the best SINGLE card, and then upgrade only if and when you are dissatisfied with the performance.  There are very few games out that need more than a 6950 (which looks to be the best card in your bunch) even running at max visual settings.  Just my opinion.  Wink

Also, if we're plugging for Minecraft servers, play.minecraftcc.com is a good one.  Wink  Also accepts Bitcoins for donations!
2945  Other / Meta / Re: Suggestion to improve ignore feature on: October 26, 2012, 08:12:05 PM
I love the nested quoting myself.  I hate it when only the last quote is displayed, because I often find myself spending a lot of time trying to piece together a conversation, looking back in the thread for the previous related quotes.  Nested quoting ensures the discussion is easily visible and traceable, especially when there are multiple sub-conversations going on in the same thread.  And having to scroll a few extra mousewheel clicks doesn't bother me at all - it takes fractions of a second.
2946  Economy / Service Discussion / Re: is butterfly labs mining with those ASICs at the moment? on: October 26, 2012, 08:08:47 PM
Ok you think that way lol. Next time I need a loan from the community, I will tell them I am selling Pre-order bitcoins  and I will give them to you when I they are ready. When I collect all the pre-order money I am going to buy a giant amount of mining equipment, but I am not going to tell you that. When I do give you the coin, I will now have free mining equipment paid for by you. Thanks for the capital I needed to buy the equipment SUCKERS! But "shhh" I will not tell you that. Now pay you the coins I have mined from the equipment you bought for me with your pre-order money.


Anyone see that.......  

I have stated YOU WILL get you ASIC, It's just facked the way BFL goes about business. If you think they handle business in a proper manner you sir deserve a scammer tag.

Everything I have stated as a Fact can be backed up.... My opinion is that BFL took users funds and used it as a capital investment.
Or do you really think they are holding on to all those funds?
Look dude, I preordered knowing FULL WELL that BFL had nothing to show for it at the time.  It's a risk (albeit I think a slight one) that they don't deliver.  I was willing to take that risk.

So, what exactly is your problem with BFL conducting business this way?  They aren't lying about it, and everyone who pre-orders willingly accepts the risks that they don't deliver, and the length of time that could potentially go by before they receive the products they pre-ordered.

Is it any different from, say, a project on kickstarter?  Why?

Also, now you're going from saying "you will get 0% return" to "you will get you ASIC"?  Huh?  If I have my ASIC, and it works, then by definition, I will have a return greater than 0% from the moment I turn that miner on.  You must have your business terminology confused.
2947  Economy / Service Discussion / Re: is butterfly labs mining with those ASICs at the moment? on: October 26, 2012, 06:25:22 PM
Really they are paying you Interest on the pre-order money you sent them? If you get your product then your just getting what you paid for with no interest from the loan. Explain to me how I am a scammer please lol this has got to be good.
No, why would they send me interest on pre-order money I sent them?  Neither I nor they made any sort of agreement along those lines.  I've never heard of any company giving their customers interest on money sent in from a preorder.  And returns WILL be greater than 0%, unless they never send out a product.

Compulsive liar = scammer in my book.  So, when all the garbage you keep spewing out as facts comes to light as being untrue, you become a scammer.
2948  Bitcoin / Hardware / Re: Parallella: A Supercomputer for Everyone (Ending Saturday Oct 27, 6:00pm EDT) on: October 26, 2012, 05:19:54 PM
It's pretty amazing how close they are to their goal though...
2949  Economy / Service Announcements / Re: [ANN] BTCJam - Peer to Peer Bitcoin Lending on: October 26, 2012, 05:14:45 PM
What happens when people start defaulting on these BTCJam loans?  I have seen quite a few on the site from known scammers on this site.  These loans will not be paid back.

Will a collection agency even accept a BTC debt for collections?  A collection agency will not bring a lawsuit for any amount under $5,000 US anyway so I don't understand how funds will be collected.

Will the owners of BTCJam call the police and tell them that someone stole your bitcoins?  What will the police do about it?  



About calling the police, etc, the collector agencies can and will pursue lower values when we have volume. Also, people will pay the lower values as their credit report will be hurt.

About the defaults:

I would also like to note that the service today is far from perfect, but we believe it represents a major improvement on the rater manual procedures used on this forum, good payers are building good reputation profiles already.

One good thing that is already happening is the scammers are being casted out too, we had two cases of scammers trying to get other accounts verified with no luck.

Takes time to build an ecosystem, but it is being built.

We have several good payers and the majority of loans are being paid on time, that being said we think perhaps we should add more moderation on users and listings instead of just let the "system" regulate itself.
Wait, I thought you said (yesterday) that you weren't reporting defaults to the credit agencies?
2950  Economy / Service Discussion / Re: is butterfly labs mining with those ASICs at the moment? on: October 26, 2012, 05:09:30 PM
I have said it read.....

The worst part all of you fail to see, is I gave BFL a chance to admit they were not even close to where they are supposed to be. You paid to expand a company and are going to get 0% return on it. You let your money in the form of pre-order so BFL could by all this crap and sell you your golden dreams. If you wanted to do that there is a guy on the forum who is doing that and will even pay you interest. This is all I have to say about this, If you want more info ask BFL, they are the ones who should be telling these things, its  shame it takes pressure from the GOV, to get any info out of them. What company does that?

You should post on topic its the rules these post are all about BFL having working ASICS the answer is NO and they never have.
If you want to attack me or ask me questions start a new thread or message me in private or even give me a email.
Have a great day! I know I will getting ready for this Hurricane lol
0% return on it?  Are you taking bets?  Or at the very least, are you willing to take the scammer tag once your "facts" turn out to be lies?
2951  Bitcoin / Bitcoin Discussion / Re: 90 minutes for 1 block... on: October 26, 2012, 04:49:26 PM
50mbps!?  What ISP are you using and how many arms and legs are they charging you for that!?

right now I pay ~$50 for 24mbps

if only i had FIOS in my location Sad
It's Comcast, and the charge is $115/month if I remember correctly.

In Munich I have 100mbps for some 40€/month Grin
Yeah yeah, you also have many more capita per sq mile to help pay for the infrastructure costs.  Wink
2952  Other / Politics & Society / Re: When the Fed buys mortgages from banks is it trickle down economics? on: October 26, 2012, 04:46:18 PM
The difference between the two is pretty simple.  With trickle down economics, you have people PRODUCING goods in exchange for the "free money" from the government.  With trickle up economics, you have people CONSUMING goods without correlating production.  It (partially) corresponds to the whole "give a man a fish" idea.  I realize that in the case of trickle down, not all the money makes it to the bottom, and probably very often only a very small portion of it does, but it does help people to be better tomorrow than they are today, vs just being passive consumers of government money.

My thought has always been, if people want to freeload off the government, at least make them work for it.  I don't care what it is, digging ditches, roadside cleanup, web programming, daycare, but make them do SOMETHING.  Call it a temporary government job.  It's month to month work, there's always a variety of jobs to do, regardless of the number of people "hired" to do those jobs, and the pay is minimal without benefits (a person could do better in the private industry).  Basically, it's a bottom of the barrel guaranteed job for when people don't have anything else.  But at least we'd be giving these people incentive to get off their butts.  No pay unless you work.  And, perhaps much more importantly, we'd be giving those people skills they can use later on in a "real" job, helping to increase our national productivity and decrease the burden on the national budget.
2953  Other / Beginners & Help / Re: hard-drive raid question on: October 26, 2012, 04:34:38 PM
RAID has to be about the most misunderstood computer technology invented.  It likely has resulted in more dataloss when used incorrectly by hobbyist then just about anything other than maybe viruses/malware.

I don't think I've recommended RAID as an alternative to backups, just pointed out that other than RAID0, the array isn't subject to the loss of any single drive, which is still far more likely than a multiple drive failure.  Agreed, if you run RAID with a bad batch of drives and the whole batch goes bad, you might lose everything, but the same is true if you don't use RAID and you store your data on a single drive from a bad batch.  

The advice shouldn't so much be "don't use RAID", but rather, "don't assume RAID is a substitute for a backup", "use a RAID configuration that allows failure of two drives whenever possible", and "don't forget you need to monitor your array, and don't let a failed drive sit unreplaced for any longer than absolutely necessary".  

I think you misunderstood.  He said with raid you increase the chance of losing "everything".  That is true of all forms of RAID even RAID5.  The risk of losing something decreases but the risk of losing everything (broken array) increases.

If you have files on 5 drives it would take 5 failures to lose everything (although only 1 failure to lose something).
If you have files on RAID 5 (using 5 drives) it would take 2 failures to lose everything.  The risk of losing everything has increased.   One is trading availability for data security.  In the Enterprise world given the cost of downtime for mission critical applications that is a beneficial trade but it is still a tradeoff.

I didn't mean to imply you were advocating not backing up or anything else.  Just correcting your correction. Wink
Well, since we're arguing semantics, it is NOT true of all forms of RAID.

In RAID1, your risk of losing everything does not increase, and your risk of losing some things decreases (vs storing different files on each disk individually).
2954  Bitcoin / Bitcoin Discussion / Re: Real life bitcoin scenario for non-bitcoiners on: October 26, 2012, 03:58:47 PM
Let's face it - we're all geeky idealists here. We love the mathematical beauty of bitcoin and its concept of true financial freedom and we try to promote it that way. But masses don't really care about any currency's fundamentals, they just want to go to a store and buy things. Wheter it's for greenback, btc or some loyalty program points, they don't care. Majority of people will never understand bitcoin, or fiat; most of them don't even know what inflation is.

Why do I write all this? I found promoting bitcoin quite hard and I think it's because my explanation of it always starts from what I personaly like about it (no central banking, cryptography). Fail. The story must be told from listener's perspective. So what would impress these people? That they can go to a store and actually buy things with btc in a simple way, like with cash.

So I would like to create a real-life scenario, step by step, to make sure this is possible. It starts with customer entering a store and ends with him leaving with the stuff he bought. I want to only include technologies that already exist or are in a final stage of development, so this scenario would be feasible lets say bu teh end of mid 2013. We can then use this story when introducing bitcoin to non-geeky people.

I'm kicking off: It's June 2013, Adam enters a store, picks up some snacks and takes it to the counter. What happens next?
Definitely leave cryptography out of it.  For me, the three main selling points are:
- I can send any amount of money anywhere in the world absolutely free and it is confirmed in an hour.
- No government can print more Bitcoin.
- No company or bank controls Bitcoin.

Things like lack of government control sound great to libertarians, but not to every else.  Likewise, the cryptographic methodology and other geeky details are amazing to, well, geeks, but no one else understands or cares about it.  But I think the above 3 points, pretty much everyone can relate to as being a good thing.
2955  Economy / Goods / Re: [WTB] A successful recommendation for a media player that suits my needs (1 BTC) on: October 26, 2012, 03:47:16 PM
What about a PS3 or Xbox?  Those can both play Netflix/Hulu and both have file share play capabilities.
2956  Economy / Trading Discussion / Re: Crossing borders: with a lot of money? on: October 26, 2012, 03:44:55 PM
You can always send it out by mail..

That's actually seems good, I'll look it up if it has some regulations.
Why not Bitcoin?

I wouldn't trust any mail system to send more than a $20 bill properly.
2957  Bitcoin / Bitcoin Discussion / Re: 90 minutes for 1 block... on: October 26, 2012, 03:41:26 PM
Every single transaction that is included in a block is going to be stored on tens of thousands of computers forever;

… until pruning comes along and I'm very very sure it will. storing all the information about addresses with 0$atoshi in them is just waste of disk space.

… also "tens of thousands of computers forever" could be disputed. Bet in 5 years from now, full nodes will be down to less than 10k either because bitcoin became obsolete or too high traffic for most people.
I disagree.  Bitcoin blockchain growth will be linear while technological innovation and progress will be exponential.  At some point, the Bitcoin block chain will be no bigger deal than a simple word document.

1MB (max block size) * 6 * 24 * 365 = 53GB.  That's the maximum growth of the blockchain per year.  We already have 3 TB HDD's, so those'll last for 56 years.  And in 56 years, we should theoretically have 268 exabyte HDD's, which would last, for all intents and purposes with regards to Bitcoin, indefinitely.

And if you want to talk about bandwidth, it's the same story.  I now have 50mbps cable service available to my residence.  5 years ago, I only had 12mbps available.  10 years ago, I only had 768kbps dsl available.  So bandwidth is basically following Moore's law as well.  In 5 more years, I should have 300mbps service, etc, while the bandwidth requirements of Bitcoin will remain the same, at 53GB/year (or 13kbps).

50mbps!?  What ISP are you using and how many arms and legs are they charging you for that!?

right now I pay ~$50 for 24mbps

if only i had FIOS in my location Sad
It's Comcast, and the charge is $115/month if I remember correctly.
2958  Bitcoin / Bitcoin Discussion / Re: 90 minutes for 1 block... on: October 26, 2012, 03:17:47 PM
Every single transaction that is included in a block is going to be stored on tens of thousands of computers forever;

… until pruning comes along and I'm very very sure it will. storing all the information about addresses with 0$atoshi in them is just waste of disk space.

… also "tens of thousands of computers forever" could be disputed. Bet in 5 years from now, full nodes will be down to less than 10k either because bitcoin became obsolete or too high traffic for most people.
I disagree.  Bitcoin blockchain growth will be linear while technological innovation and progress will be exponential.  At some point, the Bitcoin block chain will be no bigger deal than a simple word document.

1MB (max block size) * 6 * 24 * 365 = 53GB.  That's the maximum growth of the blockchain per year.  We already have 3 TB HDD's, so those'll last for 56 years.  And in 56 years, we should theoretically have 268 exabyte HDD's, which would last, for all intents and purposes with regards to Bitcoin, indefinitely.

And if you want to talk about bandwidth, it's the same story.  I now have 50mbps cable service available to my residence.  5 years ago, I only had 12mbps available.  10 years ago, I only had 768kbps dsl available.  So bandwidth is basically following Moore's law as well.  In 5 more years, I should have 300mbps service, etc, while the bandwidth requirements of Bitcoin will remain the same, at 53GB/year (or 13kbps).
2959  Economy / Trading Discussion / Re: Paypal just bent me over on: October 26, 2012, 05:14:55 AM
Got my account closed to day, too. What a bunch of morons they are.

I've got like something left there and they say it will be available in 180 days. But I've read controversial posts. Some say they return, some say they don't. Any ideas?
What exactly did you do?
2960  Other / Beginners & Help / Re: ASIC Miners have screwed me over. on: October 26, 2012, 03:27:47 AM
I have difficulty believing that, since the Hash is a finite length and the solution is a finite length.
Then there are only a given number of additions that can be made to the base, before either a solution is found OR the block cannot be solved....

0000000134712207fb6b0a73e3f600cdaf7438c9a704b6311332cfb30000029300000000550e0d5 641a329d50ccfc3d0d409a6580fd2a326c6f6a07009d864f3a98c14b35089ff931a0575ef
0000000134712207fb6b0a73e3f600cdaf7438c9a704b6311332cfb30000029300000000550e0d5 641a329d50ccfc3d0d409a6580fd2a326c6f6a07009d864f3a98c14b35089ff931a0575ef:11bf5712
BTCGuild  accepted share 11bf5712 (difficulty 3.81158)


Since the "goal" is to get the top bytes of the hash equal to  00000000
The issue is that you do not know how many "corrections" have to be added before you get a solution.

as in:
hit <= '1' when outerhash(255 downto 224) = x"00000000"  else '0';

gives us a "correction" of  11bf5712, the minimum possible correction is '00000000' the max 'FFFFFFFF'

If the  "correction' had the possibility to be infinite, then your comparison to throwing a die, may be accurate, unless I'm missing something like the initial hash is unique for each  work search per user.

I.E the  goal is actually:
BASE_Hash + MYPERSONALKEY+correction

HC

You're missing that there may not be a "correction" that gives the hash you're looking for.  Each hash is completely random, and though there is a nonce included as part of the calculation, the entire range of nonces is calculated in a matter of seconds by the average hasher.  BFL's new SC Single, for example, will run through a typical nonce range in 70ms.

Technically, the entire network could hash for millions of years and never come across the right hash.  It would be extraordinarily unlikely, but there is no limited range to search, as you suggest.
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