Sooooo... they've made the news announcement over a week ago, but it still seems as though they are not accepting bitcoins as payment?
In their main "buy/sell" linden dollars box... there is no option to select bitcoins.
they are not accepting bitcoin as payment, if you want to buy L$ from the "Currency Shop", that seems to be true, but they do allow funding of your trading account with bitcoins, so you can trade BTC/SLL with other users. works ok so far, only thing that bothers me is the 0.1BTC withdraw-fee, as if they don't make enough from trading-fees already. besides that, there's also problems funding your trading account with L$ way too often (and this really sucks), caused by the shitty LindenLabs Risk-API, if you want to move bigger amounts on a regular basis between SecondLife and VirWox, you better give them both all your banking-details, or you will end up with rejected payments from those VirWox terminals.
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A friendly person was kind enough to abuse-report bitcoin-related co.cc-domains (for whatever reason), resulting in some of my sites being unavailable. One of them is the randomizer, another one is BitLex. The latter is already taken care of, by grabbing .org, the randomizer is available at http://fxnet.bitlex.org for as long as it takes to find a nice name for it. I'm really sorry about that, but it seems someone doesn't like what we do (first ddos'ing MtGox, no they're after small sites like mine). Tell everyone to update their ref-links.
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there is no progress to get lost. you can only try one hash at a time and it's either a winner or not, makes no sense to save it.
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How many M/s can be achieved on the Radeon HD5850?
depends on gpuclock/bios and miner-settings, ~295Mhash/s @775MHz ~345Mhash/s @900MHz
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if an operator wants to cheat, he can easily cheat. doesnt matter if it's a lottery-script, or a bubble-script, or my randomizer-script, even a mining-pool, could all be cheating, i don't get it.
why not move this "be careful who and where to send your coins to" discussion to a new thread, if you want to warn people?
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how would people know, if a lottery is using this script, or any other? people should be careful about where to send their coins, or give their money each and every time they do, no matter what for.
doesnt have anything todo with this script.
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What's your aggression set at?
aggression is set to 8, didn't stop since, i'll try to set it lower or set the -q if it does again.
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just had a downtime of a few minutes earlier, sorry about that. should be back up and running now.
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that's true i guess, but people would notice sooner or later if no *real player* wins and start complaining.
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yeah, i also thought about that, have to add some stats/overview of entered addresses and maybe last winners or such, should be no big deal.
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if anyone want's to see this in action, i'v set up a test-lottery on http://fxnet.co.cc/lotterydidnt change much, except for some of the text. i had some troubles to get it to work on my main-server due to the lack of mysql i, so (for testing) it's set up on a different server. seems to work alright so far.
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i get this message everytime i start phoenix on ubuntu: /home/noodles/phoenix-1.2/KernelInterface.py:139: DeprecationWarning: struct integer overflow masking is deprecated hashInput = pack('>76sI', staticData, nonce) /home/noodles/phoenix-1.2/KernelInterface.py:148: DeprecationWarning: struct integer overflow masking is deprecated formattedResult = pack('<76sI', range.unit.data[:76], nonce) it just spits out that warning and starts to work anyway, but from time to time, a miner just stops after work queue is empty, like it did about 1hour ago: [27/04/2011 00:20:39] Result: 83228c5b accepted [27/04/2011 00:20:39] Warning: work queue empty, miner is idle and i have to restart it (and again get the warning shown above)
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and besides all that, someday-nonexistant-rewards and however-low-fees, everyone who's holding some savings in BTC will have an incentive to keep mining, or pay others todo so, because if noone's mining, all those savings would be worthless.
so, to answer your inital question: never!
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hm the wiki says mtgox accepts EUR payments, is that true ?
EUR funding of MtGox by SEPA direct deposit works flawlessly. +1 for MtGox/MagicalTux
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just did a quick test on XP Cat10.12/SDK2.2
HD5570 @750MHz poclbm -f 5 -w 128 -v gives ~72Mhash/s phoenix VECTORS AGGRESSION=10 ~68.5Mhash/s
HD5850 @775MHz poclbm -f 40 -w 128 -v gives ~262Mhash/s phoenix VECTORS AGGRESSION=10 ~257.5Mhash/s
not really faster it seems, setting Aggro higher on either card just makes the system unusable, but doesn't improve speed much.
phoenix1.1 test using WORKSIZE=128 and BF_INT HD5570 ~76Mhash/s HD5850 ~286Mhash/s which is a nice improvement on that 5850, however, the downside is a real bad ratio of 'Rejected' hashes, >2% on the 5850 and 10% on the 5570. another quick test on a different system/card (5850@900MHz) didn't improve speed at all (~313Mhash/s on both, poclbm and phoenix), which also seems kinda strange.
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the problem with your Aztec gold analogy is, that in the bitcoin-network we need a quick and easy way to verify that you indeed mined real *gold* and not just some shiny rocks. it doesnt matter for us, if you find valuable sources of water or other useful stuff, important for us is, that the *gold* is valid.
how are you gonna achieve that with useful work? if you can't come up with a new design (and so far noone could), the community doesn't have a choice.
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just did a quick test on XP Cat10.12/SDK2.2
HD5570 @750MHz poclbm -f 5 -w 128 -v gives ~72Mhash/s phoenix VECTORS AGGRESSION=10 ~68.5Mhash/s
HD5850 @775MHz poclbm -f 40 -w 128 -v gives ~262Mhash/s phoenix VECTORS AGGRESSION=10 ~257.5Mhash/s
not really faster it seems, setting Aggro higher on either card just makes the system unusable, but doesn't improve speed much.
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...what counts as "proof of work" for Bitcoin could theoretically be something more productive...
yes, you're right, theoretically it could be something more productive Do you have an improved, better way, to accomplish the same tasks ? ;-)
I'm sure if you have a better design, people would flock to it! I await your offering.
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difficulty is NOT raising to keep the network going, difficulty is raising, because more and more people start mining.
it's NOT necessary to issue more coins, it happens, because more and more people want to GET those coins.
the system would also work if only 1 computer would generate all coins/blocks, but it would be a weak system, that could easily be shut down, or attacked.
to make it strong and secure, it's a good thing to have thousands and millions of computers running, instead of just 1, so it's a good thing that difficulty is raising, because it makes it harder and harder for the fiend.
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and about inefficiency and wasted energy: what amount of energy is wasted to produce the so called 'real money' ? what amount of energy is wasted by all those security- and computer-systems that watch over the so called 'real money' and keep track of and allow transactions? what amount of energy is wasted producing and driving around thousands of big armored trucks with armed guards to transport that so called 'real money' from Alice to Bob? nothing real is produced by that huge amount of energy. besides that you even pay your bank and government to waste it, how silly is that? the small amount of energy needed to keep the bitcoin-network going doesnt even get close to a fraction of that.
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