I currently mine for BTCGuild although as I scale out I will need to look in to either solo mining or mining for a pool with fewer/no fees. Need to cut out that 5% loss that I currently suffer with BTCGuild. Have you any suggestions?
EclipseMC is hop-proof and operates on purely optional fees. Inaba's a pretty decent fellow, too, and quickly solves problems. There's p2pool, but I haven't tested it enough to know how payout compares. Giving us your BTC Guild API key would allow us to be sure you're mining there at the speed you claim, making the loan seem pretty safe. AFAIK (and asked other lenders), there's no risk to you in sharing that outside of us being able to snoop. ETA: Damn. BW jumped on this first. p2pool is hop-proof and fee free as well, although it has higher variance compared to centralized pools. its advantage, of course is that it's decentralized. Loans acquired: 50 BTC from IBM. Acquired March 19th. 55 BTC to be paid by April 20th. Currently unpaid. Verified. seconded |
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why not buy through mtgox? don't they accept LR?
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well nevermind then, all i was doing was putting a loan reqest out there but it says alot when i offered to verify anything about me but instead of anyone trying to,you all just bitch and moan.
can't blame them: lot of scams recently; everyone's on their toes |
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Are you sure? All it takes is one or 2 good videos to get decent recognition. Also what is your intended use for this account, if you don't mind me asking?
probably: 1. make videos 2. beg for subscribers 3. get tons of subscribers 4. partnership 5.  6. profit! |
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i'd rather support the bitcoin market.
>new user >appears out of the blue from the newbie forum >apparently has stable job, but still wants a very high interest loan for his "mining rigs", which turned into BFL singles. >doing it to "support the bitcoin market" seems legit |
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my payback schedule is that i have a job and can payback in a month. i wanted to just get an order in as early as i could.
so is there a reason why you can't get a loan from your local bank/credit union/payday loan/credit card? the interest rates charged here are usually very high (5%-10%, 1 month, for a trusted member), so if you really do have collateral + stable job, you're better off with conventional lending places. even 30% APR credit cards have lower rates than what's offered here. |
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[...] honestly it was for two butterfly singles if you're curious.
Cost of two BFL singles: $1198.00Your request: $1425 also, you might want to know that BFL singles take a long time to arrive, so take that into consideration when it comes to your payback schedule. |
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As I understand it (and I probably understand poorly), the miners redo the transaction calculations only every few minutes. So, even if a miner is good intentioned and creating blocks with valid transactions, a transaction in the last part of the 10 minutes might be missed and will have to wait untill the next block. Assuming I have all that correct, could we not have a validation system where the node keeps track of the transactions and if a block is announced by a different node, it would check to see if transactions of a certain age are present and if not, reject the block? For instance, time 0 is solve time of last block and time 10 is solve time for current block. I keep track of transactions and if I see a new block at time 10 that doesn't include a transaction from time 5 (or before), I reject it. Is that doable or would we get into timestamp issues with not everybody agreeing on the time?
discussed a short while ago, i think it was shot down because it can easily cause forks. |
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and i've done nothing but say , i can provide all three with a car as security. not that i'm really want to deal with people calling me a scammer.
protip: helps if you can substantiate your claims.  |
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did the pool go down doesnt seem like im connected anymore
it's not just you! not working for me either |
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Like what Kluge said, you'll most definitely need to provide collateral and/or government identification and/or proof of income. if you can't provide any of those, you're just wasting everyone's time.
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BTW, those 2 addresses are in the same wallet set. Took a bit, but I linked em together.
the PMs were from the same user |
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i can come up with references, i work and can pay it back. i'm thinking of a mining rig
so it's essentially an investment opportunity with a newbie. very risky, no benefits over mining companies. and you still haven't explained why you want the loan |
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Any json-rpc frontend would start really quick, although you'll need bitcoind running to do anything useful. still better than a bored user staring at their browser though.
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ufasoft's miner does scrypt |
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...
I’ve never used p2pool so I had no idea it has a built in fee. Now, is that fee advertised somewhere or do you need to accidentally discover it in a setting and go out of your way to change it?
It's a very small fee by default (0.5%), and you can always set it to 0 with "--give-author 0" |
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I came to the conclusion that is was adversely affecting me when using p2pool - but that works slightly differently to most pools and is more latency sensitive.
But you're connecting to a local p2pool node, so there's essentially 0 ping. |
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