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41  Bitcoin / Bitcoin Discussion / Re: It's time to fork Bitcoin on: November 16, 2013, 06:24:38 PM
Fork off. It's never going to happen.
42  Bitcoin / Bitcoin Discussion / Re: Bitcoin production by country on: November 14, 2013, 07:10:32 PM
I'm not sure the question makes sense.

If the mining goes through a mining pool, how can you determine the origins of all the miners connected to it? You'll just end up with one pool address.

BTC Guild has servers in US and Europe.

Even mining pool companies like cloudhashing have rigs set up in 4 or 5 locations around the world -- but they pool as one.
43  Bitcoin / Mining / Re: kncminer.com unbox and setup video on: November 14, 2013, 05:42:20 PM
Great pictures. I like it!.
What about noise? Is it acceptable?

It's really quiet. A pleasant surprise. I've seen videos of loud hooting Avalons and BFL trumpets, but the KNC stuff is pleasantly quiet. I put it in my study under the desk -- didn't have to hide it in a garage.
44  Economy / Service Announcements / Re: all4btc.com - buy all amazon products with bitcoins on: November 13, 2013, 03:21:19 PM
The site is down -- I hope you're not being DDOS'ed.

Does anyone know what's going on?
45  Bitcoin / Mining speculation / Re: Sell or Keep the Jalapeno Butterfly Asic on: November 11, 2013, 01:57:01 PM
Great job selling it!. Jan and Feb we are going to see 50% increases to hashing difficulty when the big boys 1200 GH/s and 2000 GH/s miners start getting plugged in.

Yeah that's IF they ship ontime, which no company has been able to reliably do.  KNC with the best credentials for creating FPGA/ASIC system on chip solutions still had setbacks for 7-10 days. 

Better than a setback of 7-10 months...

I'm happy with my business with KNC.
46  Bitcoin / Bitcoin Discussion / Re: BTC Amsterdam LIVE NOW on: November 11, 2013, 01:48:50 PM
Back in the UK,  thanks to all that tuned in to watch Smiley
If you have any questions about the event please PM me or otherwise post here Smiley

Ruthie, Chris -- do you attend the London bitcoin meetups?

Hey Smiley I think Chris does,  but I don't, I live in Oxford and with 2 kids to make arrangements for its not always easy :/  We will be attending the bitcoin expo at the end of Nov though and that's in London ,  will you be going to that?

Oh didn't know about that one. Do you have a link? I'm out of the country from the 27th...
47  Bitcoin / Bitcoin Discussion / Re: BTC Amsterdam LIVE NOW on: November 10, 2013, 08:27:29 PM
Back in the UK,  thanks to all that tuned in to watch Smiley
If you have any questions about the event please PM me or otherwise post here Smiley

Ruthie, Chris -- do you attend the London bitcoin meetups?
48  Bitcoin / Mining speculation / Re: Sell or Keep the Jalapeno Butterfly Asic on: November 10, 2013, 08:21:04 PM
Sell it if you can manage to!

49  Economy / Economics / Re: We might break $1000 before the end of year because of the number 8 on: November 10, 2013, 02:40:27 PM
8 isn't always good.

Nick Leeson, the rogue trader who destroyed Baring's bank -- also relied on the number 8.

The account number that he used was "88888".

You should be an authentic Chinese to get luck with 8's... Grin

Hehehe  Wink
50  Economy / Economics / Re: personal dilemma on: November 10, 2013, 01:57:06 PM
The price will continue to rise gradually over time -- don't be too impressed by short term swings up and down.

I would recommend having a stash of bitcoins that gradually increases (mining, mining contracts, low risk gambling sequences etc), and simply taking the cream off the top in small pieces -- but to keep a core stash, and keep growing it in different ways.

BTC investments need to be non-essential money to be tapped into for fun when you need or want something small. I would not use sell off the whole stash in one go.
51  Economy / Economics / Re: We might break $1000 before the end of year because of the number 8 on: November 10, 2013, 01:39:43 PM
8 isn't always good.

Nick Leeson, the rogue trader who destroyed Baring's bank -- also relied on the number 8.

The account number that he used was "88888".

52  Bitcoin / Mining speculation / Re: What to do with BFL order? Upgrade to hosted or keep jalapenos? on: November 09, 2013, 08:10:42 PM

2 mistakes.  1 you assume BFL will actually deliver by january/februrary, that's a brave assumption.



Yes, true.

Quote
Hash rate will continue to rise exponentially, but not as fast as in recent months.  The growth we're seeing is ASIC chips starting to catch up with mainstream chip technology.  Mainstream CPUs have been on the 22nm process since Q2 2012, Bitcoin ASICS aren't even there yet.

Intel is projecting 5nm technology in 2019, Bitcoin ASIC could well be caught up by then.

So we will still see exponential growth, but that growth curve will slow the closer the ASICs get to the limits of current microprocessor technology.

I think we'll continue to see large jumps here and there over the next year, but the growth curve will become a bit more predictable as the hardware manufacturers establish themselves and begin consistent product R&D and delivery cycles.

It's true -- With KNC and gambling I made ROI on all the mining investments, so I'm not relying on BFL -- it's an extra if any of it does anything.

Anyone know how much PH/s BFL is intending to add to the network with the Monarchs? What about Cointerra?

5nm ASICS will be quite something....
53  Bitcoin / Mining speculation / Re: What to do with BFL order? Upgrade to hosted or keep jalapenos? on: November 09, 2013, 12:07:22 PM
Upgrade it all to hosting.

You can get 5x the hashing power for the same money, and none of the electricity or hassle.

I was very happy when I saw the option to transfer my order of a 25 GH Little single to 125 GH hosting.

Yes, difficulty will be up more by january/february, but the growth will be linear from now on -- and it's not mathematically possible to be going up 40% exponentially forever. 

54  Local / Meetings (Nederlands) / Re: Bitcoin woensdag in Amsterdam - 6 november on: November 08, 2013, 02:16:08 PM
Dag allemaal -- erg leuke conferentie. Ik volg het online vanuit Londen, waar ik woon.

Kan iemand mij de naam en twitter vertellen van de belasting advocaat die nu spreekt?

Hg, Ben

EDIT: gevonden! Esteban van Goor.
55  Bitcoin / Bitcoin Discussion / Re: BTC Amsterdam LIVE NOW on: November 08, 2013, 02:05:40 PM
What's the name of this Dutch tax lawyer who's talking now?
56  Bitcoin / Bitcoin Discussion / Re: BTC Amsterdam LIVE NOW on: November 08, 2013, 12:19:51 PM
Thanks!
57  Bitcoin / Mining / Re: What kind of tools miners are using today to evaluate the value of mining device on: November 08, 2013, 11:46:48 AM
That's not a very good one -- for one I can't set an initial mining date in the past; it's mathematically impossible that difficulty continues to increase the way it does; and of course it does not take into account the (mostly unnknowable) course of the price of bitcoin.

The explosion in value in the last week has significantly brought down break even targets.

58  Economy / Scam Accusations / Re: is cloudhashing.com a scam?? on: November 05, 2013, 03:31:24 PM
Don't know what everyone's complaining about. It works fine.

You need to update the wallet address on pool.cloudhashing.com, which is a separate login from the main website.

I've had just over 2 BTC paid out so far for my 3 platinum contracts.


So, your saying that if I login to the pool.cloudhashing.com (which was my inital problem, I COULDN'T login to the pool site for first 4 days) and add my wallet address (some where like the "Profile Settings" tab in the top right after login??) did that 2 days ago; I will get paid?
Hasn't happened. Three support emails AND a refund request via Google wallet later, NO RESPONSE from anyone!!(as if there's a whole support team there to help anyway)
So, after 11 days.... I have nothing to show for my platinum contract except an account balance that's $495 lighter.
At least your's works though so all is well right?

Yes, all's well with me and all's well with the site. If it's not working for you, it's not evidence of a conspiracy against you, just that you don't understand how the website works.

I grant that the website is not perfect -- with the two separate logins for the main site and the pool -- but it does work.
Please take the following steps:

* Log into the main website, there you find a page with the status of your contracts.

* On that page, you will find a login and NEW PASSWORD for the separate login for pool.cloudhashing.com

* Login to pool.cloudhashing.com -- change the wallet address there, and password etc.


I know all this is difficult, but you can do it... go on. I believe in you.

59  Other / CPU/GPU Bitcoin mining hardware / Re: Some mystery rig in China on: November 04, 2013, 07:36:09 PM
That empty soda bottle adds about 650MH, Cardboard boxes maybe 300MH each? 350MH OCed?


Hahaha
60  Other / CPU/GPU Bitcoin mining hardware / Re: Some mystery rig in China on: November 04, 2013, 04:40:36 PM
I'm counting 13 racks, each with 2 boxes, each box with 12 blades. If those really are ASIC miner blades, and 10 GH per blade, then that would mean it's a rig with 3,120 GH/s ...

which is not THAT much anymore these days.

Tineye reverse image search didn't turn up anything.
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