But by mining you kind of buy insurance against a fall in bitcoin value, considering the (historically) strong correlation between price and difficulty (but of course: historic results...no guarantees....etc.)
it's essentially nothing more than a glorified ponzi scheme... Though I do hope it becomes much more than that, because the ideas behind it are revolutionary. I am confused by these two statements. You say it is a ponzi scheme but how is that revolutionary? |
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Sounds like your computer and/or mt gox account have been compromised.
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Hope everything works out well. We need an alternative(s) to Mt Gox.
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here's what it boils down to. either the bitcoin network is self regulating, it works, and theres no need for all the "ZOMG 50%" crap or the bitcoin network isnt self regulating, and no amount of "ZOMG 50%" crap is going to save it from collapsing.
Tycho has done nothing but make a great damn pool and people are going out of their way to punish him for it.
It is a pool that charges you for service while other pools don't. How is that a "great damn pool?" i'll pay for a pool that spends my money to stay stable in the face of the impending ramping up of DDos attacks against the network rather then be a part of a free pool that cant afford basic protection. obviously 50% of people agree with me  What makes you think other pools can't afford "basic protection?" By the way, what exactly is "basic protection?" |
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here's what it boils down to. either the bitcoin network is self regulating, it works, and theres no need for all the "ZOMG 50%" crap or the bitcoin network isnt self regulating, and no amount of "ZOMG 50%" crap is going to save it from collapsing.
Tycho has done nothing but make a great damn pool and people are going out of their way to punish him for it.
It is a pool that charges you for service while other pools don't. How is that a "great damn pool?" |
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How come the Labeltech thread was removed and not the other threads that are arguably much "worse"?
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Anyone with an abundance of coins will be smart enough not to post how many they have on a public forum for all the tax agencies in the world to read.
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Interesting...just checked up on my forwarded ports and I've had 8333 open this whole time.  |
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Do you have any baby tigers? I'd like a baby tiger.
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Someone probably tripped over their ethernet cables and disconnected their rigs.
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Do I need to forward specific ports other than 8332 in order to get > 8 connections on the bitcoin client? Also, does having more than 8 connections really matter?
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Be patient. Bank wires take days to go through sometimes. (assuming you withdrew via bank wire).
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So, no more 58xx..period? Or just from Fry's? What will this entail for the price of bitcoin? Will it affect the price due to the more costly 6xxx series cards only being available?
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I think the safest way is to go with 5970s (assuming you can find 3 of them). Since 5970s are dual gpu you can do 6 gpus that way (with linux), otherwise you will be hard pressed to get it working with 6 1-gpu cards.
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All I have to say is: we were all once noobs before.
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129 pages.
Just sayin.
I remember when this topic was a wee little one. |
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