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P2pool shares aren't a blockchain. They don't invalidate each other. Until a real Bitcoin block is solved, all the shares accumulate and are valid.
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Even "shifting somewhat", it's several times more efficient. So provided it's even close to their claims, it's immense.
Why would you assume that? Their initial claims were wildly wrong. |
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Didn't you get the message? You need to go pick up your Singles at their offices.
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Bitcoind not up to date? What's the output from "bitcoind getinfo"?
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It seems that in this case the "investors" were guys like you and me who liked what they saw and jumped at a pre-order. These pre-orders provided the capital to get the prototype created and developed so that the *first* of many design revisions could begin.
Had that been their plan from the beginning, and had they been honest and up front about it, they would have had everyone here cheering them on. Yet they're doing the same thing over again with the "Rig Box". Accepting pre-orders based on specs that just aren't going to be close to any finished product once they actually start developing it. |
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Also gleaned from this Skype was that CH/RS was supposed to turn over all private keys to the Trusted Nodes, but has only done so with four of the ten. He maintains control and operation of six of them. In effect he has reniged and balked at going through with relinquishing control and there is some really ugly squabbling on inside SC.
At the risk of letting him in on something he might not already understand, there is no way to "turn over" a digital file. He can always maintain a copy of the private keys and you can never prove he didn't keep a copy. Then when the time is right, he can use his copy of the private keys to cash-out/destroy/etc. the chain. The SolidCoin 2 chain can never be trusted no matter who CH or RS is. SolidCoin 3 might be different, but only if they eliminate those enforcer nodes completely and stop arbitrarily changing the rules of the game. |
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97w is bullshit, though. You aren't mining at 550 MH/s at 97w on a 5970.
I've tested the wattages (via KillAWatt) for my undervolted 2x5970 rig with 0-4 GPUs mining. At my current settings, each GPU eats 55 watts and generates 530 MH/s. That's roughly 4.82 MH/W. I could probably increase the clock a little bit, and use a more efficient power supply to reach the quoted performance. A 7970 is significantly more efficient than a 5970. |
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It's guaranteed that when the exchange rate is high enough, he's going to cash out as many coins as possible. He'll justify it in his mind by saying he's worked thousands of hours for free, the chain owes him even more than that, because he's one of the valuable programmers in the world.
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seems the p2pool HASHRATE stop growing ?
what's wrong? full?
Anybody running an old version is going to have p2pool stop working. That's going to affect the hashrate until everyone upgrades. |
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Still if 700 MH/s is what is sustains and it pulls 80W at the wall we are looking at 8.75 MH/W.
Even 80 watts is optimistic: Consumes between 85 and 90w at full load.
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- Let miners voluntarily raise their share difficulty so P2Pool's required difficulty can drop, which will lower variance for small miners
Sounds great. How does this work? |
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The article was saying MS is working with Intel on Windows 9 with the goal of making it the first 128bit OS... and Windows 10 being the first 256bit OS... I'll see if I can dig up that article again.
I've built servers with up to 256 GB RAM. For the sake of estimates, let's say 1 TB RAM is about tops right now. That's 2^40. If we extrapolate with Moore's law, we'll max out 64-bits (2^64) in about 36 years. (Realistically it's going to be a lot longer than that) There's no way MS is going to support Win9 40 years from now. There's no 128-bit hardware in the works, so there's no point in designing 128-bit software for the foreseeable future. 256-bit computing will likely never happen. |
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LTC - 998kh/s // 920 watts: $4.354 (without energy-costs)
BTC - 1624mh/s // 950 watts: $4.874 (without energy-costs, but the more watt included, so: 1573 mh/s)
atm: btc-gpu-mining is 11.9 % more profitable then ltc-gpu-mining
I can't speak to LTC efficiency, but those BTC wattage figures are using a very inefficient Bitcoin GPU miner. A good GPU system can get about double that performance for the same wattage. |
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SolidCoin takes all consumer hardware that is viable so we can let the widest range of people mine it fairly.
$7 in electricity (not even counting the hardware depreciation costs) to generate a coin that's worth $.04. That sure is a very twisted meaning of "fair". I see coinotron is up to 28 miners. That's nearly 60 total miners in the world mining SolidCoin! |
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Sorry, it's hard to keep up with all the flip flopping. One minute they're unspendable... Actually it's 10 wallets, each with 1.2 million. And since the coins are unspendable...
The next minute they're spendable... We've already discussed this and I told you it was possible to make them spendable
Block reward changes randomly from 32 to 5 to .07. Etc. Is there any part of SolidCoin that isn't susceptible to your whims? |
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Just got a email from BFL, looks like I will see a rig box by the end of April and a couple more weeks from now for the singles!!
4-6 weeks for the singles? There's a shocker. |
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I don't think one of the trust accounts should be made spendable.
Notice the key word, "should". Which means he is admitting he can make them spendable any time he wants. |
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Here's some more reality for you.
btc-e:
SC:
Total BTC: 466.56257573
Total USD: 487.26945405
Total: 466.56257573×4.5+487.26945405
Total buy orders worth $2586.801044835
LTC:
Total BTC: 728.21831777
Total USD: 121.20775622
Total: 728.21831777*4.5+121.20775622
Total buy orders worth $3398.190186185
Congrats on dropping from 2nd to 3rd place.
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Evolution isn't being kind to SolidCoin.
Of the last 100 SC blocks, coinotron has solved all half of them. Coinotron has 26 miners. That means there's a grand total of 50 SolidCoin miners. RIP SolidCoin.
LOL, this comes from a kid taught intelligent design in school. syke should be the poster boy for the evolution movement, once they see what they've done to this poor child. I see you failed to address the issues I pointed out. Again. I'll take that as a confirmation that I'm right. |
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Then again, if Coinhunter knew what he was doing in the first place, sweeping changes would not have been necessary.
Why does bitcoin need multi-sign support? I guess Satoshi didn't know what he was doing. Things evolve, get used to it. Evolution isn't being kind to SolidCoin. Of the last 100 SC blocks, coinotron has solved all half of them. Coinotron has 26 miners. That means there's a grand total of 50 SolidCoin miners. RIP SolidCoin. |
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