NO! In Libertopia you can enslave them. In fact Libertopia only works with unlimited slavery.

Which is kind of cool: Freedom is slavery.

C

Son of a bitch, there they are. Want to sell one to me for hacking purposes :-)

C

Likewise, still hodling here for the most part. I did take $800 out from the Bitcoin ATM in Vegas; I just couldn't help it and was glad to support the blockchain.

C

Eclipsemc is still up and running. They've been quite fair overall, I've mined DGM with them for awhile and although it's maddening when it takes days to hit a block there are those 5 block days that send things all over. So it pretty much evens out. My son mines with PPS, and he's running at the expected 95% rate.

True about stale blocks, collisions are a loss. I've sometimes thought that a huge pool would have a very *slight* advantage in the first few seconds because they would be the only ones mining on a "new" block while the block propagates as solved to the other pools, but that's a small advantage and the only one I really could think of.

As for the shelved shares system, that sounds quite fair, nice way to do it. Granted when the payout halves they will lose value, but until then it's better than having them track the work one did at the time one did the work.

C

Sort of did that in my head yesterday, however it does have a bit of meaning: If the amount I simply will never get back in shelved shares exceeds 5% then it would have made more logical sense to mine straight pps at 5%.

Of course luck is simply that, luck. However given that bitcon is a true no house edge system then there must be 50% of the people as "winners" to offset the 50% as "losers".

Actually I never thought about this but: Do shelved shares "depreciate" in value as difficulty goes up, or are they paid at the value they had in terms of finding a solution when they were mined?

C

It's because I popped back in. Now let's see if I can pick up that 5% of shelved shares that's been sitting out there for a few months. Speaking of which, any way to figure out the bitcoin value of one's shelved shares?

C

Bitcoins are on sale this week. Cool!

C

Nice testing, they might have a thermal cutoff on the chip that cleared once it cooled down. Still, that's not too far from "chip explodes and peels back", such is life.

Are there any blown S3 types out there? I'd be interested in seeing if/how they can be repaired.

C

I ignore it.

That's a good solution for my kids.

Still, I think the best option is renegade hydro setup near an abandoned dam. Wonder how long a BFL single would run submerged in a stream.

C

Don't leave yet. Wait till people are wailing in despair, gnashing their teeth, weeping in chains.

Then wait a day then buy.

I'm reminded of "Prosperity is just around the Corner"
"Which corner"?

:-)
C

On a side note, just got back from Vegas. The economy is going to do *very* well, as I counted over 40 hookers waiting for my plane at McCarrin. Not to mention sitting next to one on the trip back (it's so weird how lying is as simple as breathing to them. Just weird.)

We're talking porn star quality here.

It does seem to be a bit of a random walk. Speaking of random, been in Vegas this week, lost a total of $400 at the craps tables playing dont come/don't pass. Technically that should be the best odds in Vegas (very close to 50%), so I keep wondering why I tend to lose on trips (no the game can't be rigged as craps is self-biased).

I keep telling myself it is nothing but pure odds, then the girl on the other end of the table rolls a string of 4/10 points and blows my odds into the water. It is nothing but pure odds.....

C

No, from what I understand, if you withhold the block you get nothing. You can't turn it in for anything, so it's a complete loss to do it. But I see that if someone else finds a block in the pool you still get a percentage of that, so in a way you are being a less than productive load on the pool.

Hm.

Sure, but you're not really impacting the pool at all. The other 1200Th of miners are getting exactly the same amount they would if you were not there, you don't contribute 200th you're basically clogging the stats. But you don't change the payouts by one satoshi, the only thing you're doing is making profits for the local electric utility.

Weird way to live, but whatever.

Dollar auction? Queen's race?

Very good observations BTW.

Well the next hooker to hit on me will get me to stop, say "Thank you. I do not wish to have sex with you, but if you would like to discuss Bitcoin transactions I have 5 minutes".

Now watch, the next person who is female and asks me how I am feeling is going to be a nun, who was seriously concerned about my well being or something in which case I will fall to the center of the earth :-)

Vegas is weird. It's hard to tell if anything is authentic.

C

Reading the comments I can see some people have zero idea what they are talking about, which is kind of funny. Hookers are people too, despite the various rap lyrics.

We'll see. I've floated the idea past a few cabbies, it does have some merit.

C

Ok, so I'm here in Vegas, I've been walking the strip going to and from hotels, and I've been "talked to" by at least two young women wearing the tight jeans, cute, young, etc. While sweet and kind of flattering, no.

However I realized something: I chatted up someone on the plane flight over here and explained Bitcoin to him, he got it. Why not chat up the prostitutes and get them to start using Bitcoin for their transactions?

I mean Defcon is this weekend and there will be thousands of young hackers with bitcoin wallets that need lightening. What better way to help the hacker community and promote Bitcoin acceptance by explaining it to hookers?

How best can we do this? I'll talk to them; I talk to anyone with no problem, and I'd like to help as always.

Thoughts?

C