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You could also just display them compounded, the silly small bids then just don't influence anything any more.
Currently 100 bids @ 1 BTC look different than 1 bid @ 1 BTC, even though for most people interested in the order book, the situation is the same.
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As long there is Gigamining and Bitbond don't worry.
They collected now in only 3 weeks more than 30000 BTC to run their miners.
Volume does not mean income... I could sell a single share at 1 BTC and then it gets traded a million times --> volume is 1m BTC, but I still only got this single coin. About the thread itself - just with the info he posted, as I said, it's not impossible to track his coins down at all for anyone. German speaker, miner at BTCguild (and no, I would NOT ban mining botnets by the way!) with a total of 10+ GH/s (possibly spread on several accounts), most likely has a higher-than-average stale rate, as he'd need to tunnel his getworks through his own proxy + TOR... do I need to go on? What I find a bit disturbing is that even though he acts like a "total pro", in the end 1-2 years of reading coding tutorials online don't magically transform you in the god of programming. Likely he introduced a few security holes in his botnet software too. |
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A few questions, because I also thought of this (and would love to see this happen):
Can sellers of hashing power also specify a rate per share relative to current difficulty? (Something like "Every share down to 105% PPS at current diff")?
Can smaller miners also use this service? Meaning, if I only own 1 GPU and have a few dozen MH/s, am I still able to use this?
Will there be (public) stats?
Can contract buyers supply their own getwork source or can the only choose from predefined pools?
I guess for some reson it might be important: TOR access?
In general it seems to me like the "pay per click" auctions for web ads on Facebook/Google, just with solutions to mining shares. What language do you develop this in, and will you release the code? I'd be very interested in helping out there, if it is in a language I regularly code in...
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Mining at BTCguild with ~ 10 GH/s since now about 2 months, continually growing - should be enough info to analyze BTCguild payouts (or ask eleutheria directly for logs, if he uses only 1 account, he's for sure in the top25, together with probably a few other botnets) and expose his adress(es), if he didn't use CoinControl. From there it's most likely off to MtGox or another exchange (they usually cooperate with law enforcement) or to a savings account that can be tracked.
Still an interesting read though!
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In the end you only charge half of the other mining operations around (typical price for 1 MH/s bonds = 30 bitcents), but considering the cap on payouts/dividends which is quite high I guess it levels out a bit...
Interesting idea for funding a mining operation though - I personally would love to see some hard facts + statistics backed by blockchain transactions, maybe like bitcoinpyramid.com.
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Oh, just admit it: You want to do some arb on the side on MPOE and screw Mr. Popescu out of some coin with his offer...  |
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You will, you'll also get your CSV export soon too.
Wheee!  Also thanks for not going the easy way and still renting your own servers. |
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It is weighted by deposit. I works exactly like this:
Every income generated by mining get split proportionally to the amount deposited. 30% of the income goes to sponsors. You get 15% of every direct referral income and 7,5% of 2nd and 3rd level referrals' income.
So let's say, there are 50 BTC deposited: A has 40 BTC, B deposited 9 BTC and C only 1 BTC (no sponsors etc. for simplicity) You mine 1 BTC. A gets 0.8 BTC B gets 0.18 BTC C gets 0.02 BTC (in reality each -30% usually, unless there is no sponsor in the upper levels with any deposit) ^^^ Is this correct? |
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As is standard for SEPA customers should expect a 1 to 5 working day delay from the time the withdrawal is initiated until seeing funds arrive in your personal bank account.
SEPA transactions have to be completed within 1 business day, so the holdup is purely on your end, correct? Also: SEPA transactions are NOT free ( http://en.wikipedia.org/wiki/Single_Euro_Payments_Area#Misconceptions) - most are for private bank accounts, business accounts on the other hand often cost flat fees of a few cents per booking. I haven't heard of a percentage fee on transfers though... |
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GLBSE is not publicly traded.
Interesting that I was able to sell a share for 10 BTC then. That's most likely one of the fake shares from GLBSE 1.0 then... You really think Nefario wouldn't even update his own asset page or put up a "contract" of 1 line with a spelling error? |
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Well, check the mining section for this...
In the end, nVidia cards just are not good enough on integer operations (compared to AMD ones), it doesn't really matter if the code is open source or not.
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My link: http://www.pyramining.com/referral/dcpnstxefPlease note (from the FAQ): Referral codes expire as soon as someone uses it to join. Every member will always have at least 5 valid referral codes. When someone joins through one of them, it will expire and a new referral link / code will be generated. |
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Maybe you also want to disclose the transaction or address where the 10 BTC went to? It might be helpful in finding out if the thief has emptied other wallets too...
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I'm still amazed of my prediction skills - http://www.betsofbitco.in/item?id=333 (Bitcoin difficulty will be above 1.75 million at block #182000) was opened a month(!) ago and it's still not 100% clear where to put your money to earn a sure win. It's likely to be true, but sipa's graphs currently point down a little bit... |
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TEEK.B
------------
The specific investments which the funds are used for will not be disclosed.
Could you at least please disclose if you deposit any money from this to pirateat40's "trust"? I'd like to have investments seperate from him, but it's hard to do if other funds secretly invest to him as well and then might have to claim bankruptcy if he defaults. |
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Übrigens ist Paypal auch nicht von gestern und größere Bitcoinhändler fallen dank Netzwerkanalyse + Analyse der Zahlungsströme schnell auf. Dazu musst du dann nicht mal selbst viel was machen oder im Betreff angeben... es reicht schon, wenn du auf einmal mit Accounts handelst, die wegen Bitcoin aufgefallen sind um dich ebenfalls verdächtig zu machen. Keine Ahnung wie da die internen Policies aussehen, aber ich nehme mal an, es wird dann wohl sehr viel einfacher sein, eine Chargeback-Beschwerde durchzubringen.
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Don't worry, there are still some bargains to be had right now on GLBSE... |
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Where did you come up with 23.5?
https://bitcointalk.org/index.php?topic=45438.msg820381#msg820381 - the latest MH/s number I could find in that thread of yours. Also your income in April (451.39 BTC) divided by 0.01901707 (the 100% PPS income of 1 MH/s) suggests you had on average 23.7 GH/s in April mining. This number can be a bit inflated by good luck or GPUMAX or deflated by bad luck, but with that mining power it should average out quite nicely over 30 days. With your March numbers (431.11 BTC, 0.02072455 for 1 MH/s) you had 20.8 GH/s online back then. |
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How is GLBSE more "illegal" than World of Warcraft's ingame auction house?
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