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Yes you can play while you mine.. even gpu intensive 3d games. Set lower intensity, agression or whatever term your mining software of choise uses. If you see a crash try even lower, and remove overclocking.
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A ruling by Estonian tax authorities TODAY, so a hot new info:
- Bitcoins are not subject to VAT in Estonia
As you combine this with the little-known secret:
- Estonian corporate tax is 0%, the lowest in EU
Now this is interesting, could you possibly link material to read up on the actual ruling ? |
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Just to point it out, BTC Guild is still in the 36-37% range out of the last 2016 blocks. Luck has been terrible the last week and a half, so it's probably a bit understated right now, but I continue to trust http://blockorigin.pfoe.be and use that for the 51% mitigation steps that kick in at 40%+. I understand and appreciate what you are doing, but you should not be the only one with a sense of responsibility here. Mining is not just making Internet Magic Money, you are the guardians of the blockchain, each and every one of you bares responsibility wether you like it or not. Start living up to the duty and bearing that responsibility. |
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How can a "51% attack" be possible when BTCGuild has ~ 42% of the hashrate atm? Have you been sniffing blockchain.info/pools sir?
Surely 42% cannot get 6 or more consecutive blocks? Surely 42% isnt risky ? Surely a ddos on another top pool or two would not push this past 51% Surely two pool ops could not work together on achieving the dominant part of the network ? Surey not... take a minute to think of what is at stake. Being past 30% is outright irresponsible in my book, this is just a dizaster wating to happen. |
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Hi
I dont like making this post, but it needs to be said. WTF are you miners doing giving one pool all this hashpower ? At current a 51% attack is possible, I respect eleuthria and can respect that you trust him. But this is just not acceptable, what if someone managed to compromise the pool server.. or held eleuthria at gunpoint. You are playing with the very existense of bitcoin. Disperse to other pools, immediately, please.
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Litecoin in my view is only a liability for bitminter. Also it's the botnet currency of choise : (
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Fight fire with fire? I don't think it will work the way is intended. Internet provides anonymity and the attackers could take advantage of the same bounties we make to protect against their DDoS attacks.
How about voluntarily deleting malware off zombie computers, installing firewalls and antivirus software ? [edit] or just fucking up the whole computer so bad that it's owner realises whats up. |
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It will be winter below the equator. Fricking hot for us above the equator.
Winter is good for the cards, bad for your wallet (as difficulty will go up if there are more people south of the "boarder" so to speak).
At this point with ASICs I don't think the season matters anymore, with just 1 Avalon doing the work of 95 7970s, well not for BTC anyways...
Yes, should the network suddenly slow down to 50% no one would panic, and no media outlets would have a field day declaring bitcoin "hacked". |
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Winter is coming. I suspect the bitcoin network is about to come under attack as the difficulty rises to an ATH. Miners please learn to solomine now, and set it or p2pool as a backup.
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People,
Does anybody know why we can not find any block for last 10 hours and 30 minutes ?
why our 0% fee pool earn 14% less bitcoins then even PPS 3% fee pool (i calcutated it for last week) ?
I cannot understand, and i dont like to lose money ! ))
Regards
Alexey
Variance. It happens and there is nothing you can do about it. |
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Fpga, most likeley four spartans per board and two boards stacked asfar as I can tell.
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Has anything fundamentally changed with Bitcoin in the past 72 hours? The last time I checked, MTGox was signing up 20,000+ people a day, and our biggest problem was that people can't get coins fast enough.
The infrastructure build around bitcoin has been tested and found lacking. Arguably this is a good thing, this is something that most certainly can be overcome with technical solutions. Hell I've allready lost count on how many new exchanges are being developed and how many new merchants started accepting bitcoin this week alone. These are great times we are living, alltough it may not seem like it if you cannot see beyond the current exchange rate. Which in itself is nice, what other investment has seen this much gains in just slightly one one quarter ? |
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Im not that keen on trowing a seemingly abritrary number out (price). But I wouls like to state that in my opinnion this would overnight give bitcoin legitimacy that a few ddos attacks, or fear uncertanity and disbelief spewed out by media could nolonger undermine.
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 What is this thing you hyoomans call 'job'? It basicly consist of driving to a place that mainly focuses on crushing every last ounce of your creativity, enthusiasm and spirit for five days a week, eight hours a day. Working the way "things have always been done" when you have hundreds or thousands of improvements to contribute, but are not able or allowed. The worst part is having to live in the matrix for said days and hours. |
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It means having: - A brainwallet - An outstanding bet on BetsOfBitcoin - A BFL order - ASICMINER.PT shares - Some lending on BTCjam - A modest GPU mining rig  Heres my approach: - A secure offline wallet. - An online wallet for spending - A small e-commerce related to and only accepting bitcoin. - Twelve spartan fpga's hashing away - A single gpu hashing - Coin and usd in exchanes - A dayjob I want to drop the last one tough. |
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I just got a withdraw out, btc, saw it instantly on my client.
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Bitcoin is far from being over.
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We are now exactly where we would have been if we had just continued the steadily rising exponential growth of January and February, before the March Madness.
If you got in two weeks ago, you are still up right now.
Nothing fundamental has gone wrong with bitcoin itself. This fallback was a combination of the price getting ahead of itself and gross negligence & unpreparedness on the part of certain exchanges.
People are preparing to set up more exchanges as we speak.
Even if there are more flash crashes this week shaking out weak hands, once the exchanges problem is dealt with there is nowhere to go but up.
+1 Every single word. The best thing that comes out of this is the bitcoin infrastructure growing to meet such challenges and demand as has been met recently. On a personal note the amounts of coin and fiat I hold have both grown during this time period, while I've been doing the service of providing my small portion to market stability. |
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I think this site needs a captcha to keep the op out.
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Mt.Gox_Alex thank you for the update, some news earlyer would of have been good too. Keep up the good work your doing, atleast a large portion of the more seasoned bitcoiners can fully understand the circumstances you are coping with at the moment and can clearly see you are handling things supprisingly well.
Couch critics, if Mt. Gox is doing such a bad job, please start competing with them.. the market should be wide open by your reasoning.
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