If your paypal is connected to your credit card (checking account one you mentioned) then you should be able to do this quickly in a few hours. I used this service and got my coins in 30 mins or less.
Coinpal doesn't appear to accept this method of payment. Unless you're saying that Paypal should get the money quickly? Yes, when you send a payment to coinpal using credit card, paypal takes from your credit card and sends to coinpal basically instantly. If you do an e-check debit to your checking account there is a 3 day delay. All of this assumes you have a standard verified account with paypal. If you have a checking account connected to it you probably do. Again, you want to pay by credit card through paypal if you want this to be fast.
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For me it is 10%. I would need at least 10% of the money to take the offer. I would offer a 50/50 split myself if I had done absolutely nothing and the money was free and clear.
If I offered you 1% of $100 million, you'd decline? No, for $5000 I would decline 1%. It is irrational but I would do it. For $100 million I would take 1%.
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Anything faster than this? This should still take a week, unless I'm missing something.
If your paypal is connected to your credit card (checking account one you mentioned) then you should be able to do this quickly in a few hours. I used this service and got my coins in 30 mins or less.
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If you are running multiple cards in a Windows box without monitors you might find a dummy plug convenient. You can do this with three: http://www.xtremesystems.org/forums/showthread.php?t=200444Or this with one if you want to it quick and dirty. http://blog.zorinaq.com/?e=11For 1 BTC I will ship three resistors in a standard first class mail envelope for US customers. Email me for a bitcoin address to send to, do not use my signature or I will not be able to sort em out. For each additional resistor over three add 20 bitcents. I am just sending resistors, it is up for you to put them into a connector if needed. If you need a DVI to VGA plug I can sell that for 2BTC along with a resistor order but I think most of us got em for free with our video cards.
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Thanks guys. Finally some constructive feedback. It would seem people are more interested in cheap mining systems then well made mining systems... I will adapt accordingly.
can the SSD. I use laptop sata hard drives in some of my dedicated mining rigs. I pull the DVD drive out or at least the power plug when done loading. Using 1gb ram, 1 slowish laptop hard drive, and a single core CPU with a dual x16 slot MB and dual video cards is a dedicated mining rig, where the job of hashes is king and one does not care about user level system response. You do not do anything bad that would actually slow down the hash rate, but you do nothing more then required IF it takes more power OR adds more cost. If I was using it as a desktop on the side the machine would be different but then it would not be a dedicated mining rig.
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For me it is 10%. I would need at least 10% of the money to take the offer. I would offer a 50/50 split myself if I had done absolutely nothing and the money was free and clear.
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Is this a first for BTCMine.com? Two blocks in a row! 45 119506 04/22/2011 01:24:57 00:05:08 828 00:05:12 828 44 119505 04/22/2011 01:21:05 00:03:48 624 02:43:12 25876
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It is confirmed at 120 blocks, at 6 blocks per hour that is 20 hours. You can go to bitcoincharts.com and see the current blocks per hour and find a very close estimate of when the payout happens. BTCmine.com pays out pretty quickly in the bitcoin world, it takes about 15 mins after the block is really confirmed for the payment to start showing in YOUR bitcoin wallet. For the next block just about 8 hours 45 mins from now.
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So far my has power is 633 Mhash/s (radeon 5970) but soon I'm going to add two 5870s so that should bump it up quite a bit..dunno maybe in the 1.3 gigahash range?
Yes. A 5970 is basically two 5870's in one card.
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It is possible that flaws could be exploited to alter or crack a single BLOCK. This would take a huge amount of resources and the result would be maybe changing the ownership of 50btc. If you had that power, there would be many other better places to use it.
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1.7g from a crazy assortment of 5830's, 50's, 70's and one 6950 coming this week. I may sell off some of the 5830's to replace them with 5870's if I can find them at a good price.
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New mining operations are already barely profitable. Unless you have free electricity.
You could get more BTCs buying them on the exchange than creating a rig and running it for the same cost. But you couldn't resell the hardware when you are done, but even then I think you come ahead just buying the coins.
Woohoo! The free market has done it again! What people don't seem to realize is that price drives difficulty, not the other way around. When the block reward halves, difficulty will halve as well . If the difficulty is too high (mining makes a loss), people will stop mining. If difficulty is too low (mining makes a profit), people will start mining. And the free market seems to be working well here. Difficulty increase has slowed but is at a pretty high level. I think it will slowly increase now as miners start in areas with cheaper electricity and force those out in areas of expensive electricity.
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Was mining for 2 days... Lucky? yes, VERY lucky.
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The problem with the law as it was before Obama thankfully repealed it was if I bought (as a small biz) a $700 computer from newegg I would need neweggs taxpayer ID and file a 1099 for them.
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Generica company buys a few pills, reverse engineer them, builds a similar factory for 100 million, and goes to market with the same product, at 1/10th the price, 6 months later. In that time I've managed to make a 100 million dollar profit then I must slash my prices to sell anything at all, my investors won't get their money back for a very long time, if ever.
How can I convince my investors to invest in my new idea to cure Alzheimers? Why should they not wait and invest in Generica company instead.
So companies are not smart enough to differentiate themselves from the generic and still make a lot of money? After all clorox sells bleach at 2x the cost of others and people buy it. First to market is worth a lot, and you can build an advertising campaign around it. You can also have contracts with generic manufacturers to have them make the product under a contract where they get the REAL recipe and pay a fee. I am not sure things would be much better with ZERO IP laws, but right now they are pretty screwed up. IP laws allow big pharma to charge US citizens 5x or more what others pay for the same thing. Something needs to be fixed. Certainly copyright and patent should not be longer then 3 years, that would fix many problems.
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6950 level cards will drop to around $100.
That's fairly unlikely. 5850 came out 1.5 years ago. Except for the somewhat peculiar Sapphire 5850 Xtreme, the price never fell much below $200. Maybe this should be put into the betting pool. Something like.. major online shop like newegg or tigerdirect to have a card readily available (not just a fluke sale) that can hash at 240mh/s for $100 by 10/1/2012 When I say 6950 level I mean a card that can hash at a similar level, I do not mean the exact card. They may come out with a new line lets say the 7000 series with a model that fits in at that hashing performance. I do think in 1.5 years it could happen.
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I've been away for a little, so what caused the spike in the first place?
I only have 6 BTC at the moment, but once it starts trending down I'll sell and keep some in a MTGOX account to buy more at a low price.
There was a spike in Feb from Slashdot and now I think the spike is from a Time magazine internet story.
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Tell me before you abandon IP-law so that I can withdraw all money from medical research. Copying a drug is dead simple but finding a drug that is actually effective takes years of research by highly skilled professionals, not to mention expensive testing and clinical trials.
Now there is a good one. So why is a drug 'recipe' copyright but a food recipe not copyright? Both the fashion industry and the food industry are areas of very little copy-right and both seem to flourish without those artificial controls.
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Suppose I have a couple of hundred Euros to spend, and I want to learn about FPGAs in general (Bitcoin is just a nice excuse). Where should I begin? I have a range of experience in electronics and programming, and I use Linux, which may limit the choice of hardware/software somewhat.
I think this is a dead end. Yes, FPGA's are more power efficient but for bitcoin mining you need BOTH power efficiency and cost efficiency. If you need to pay 10x per mega hash per second the guy with the GPU is going to have a payback way before you are. GPU's are also a moving target as well, the price of 6990 will decline and within a year or so a new faster card will take it's place. 6950 level cards will drop to around $100.
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