I am a P2Pool node. If I was operating a large mining pool, I would have my node in a data-center (with faster Internets+CPU).

The OP was also asking about storing 1BTC. Fees are not needed to move it again after waiting 1 day.

That may be enough time to make the transaction high priority, depending on the amount.

- Bitcoin Wiki: Transaction fees

Cold wallets don't really need a fee. Old coins get priority when they move.

I currently have my miner set to 500kB blocks. I also told my miner to include up to 196kB of "high priority 0 fee transactions", which is basicly reasonable amount of Bitcoins that have not moved around in a few days.

My miner has two limitations that prevent full 1MB blocks:

• VDSL connection; only about 5Mbps up. This means that if I send a 1MB block to more than 1 node simultaneously, it will take over a second: possibly increasing the chance of an orphan.
• I have not upgraded the old CPU yet. Before I can start mining a new block, I have to verify the old one. This can take several seconds. On P2Pool, that means I am going to have a 10% stale rate or so (my mining blade is responsible for the bulk of my stale rate though).

One suggestion brought up in 2011 is "oros", derived from the Esperanto word for "golden".

This is essentially a re-hash of a discussion going back to 2011.

It was decided that trying to move the decimal place (while keeping the same name) would lead to nothing but confusion.

Using "bits" is actually worse than moving the decimal place for "Bitcoin" because it apparently now has 3 (rather than 2) common interpretations. We really need a new word.

Edit: OMG: A June 9, 2011 reference to 1µBTC being equal to 1 bit

Vanitygen: Vanity bitcoin address generator/miner [v0.22].

Note that address re-use has severe privacy implication.

I have been using single-use vanity addresses myself.

Edit: Real life example of somebody regretting vanity addresses.

I am actually with the Hard drive manufactures on this one. Many GNU/Linux distributions have converted to Binary prefixes, though I don't think Windows or BSD have. Mac OS X has converted to decimal prefixes for disk capacity.

Also, a byte is not always 8 bits. For example, the ASCII character set is 7 bit and may be transmitted over the wire as such (if you really want to; generally 8 bit bytes are used for modem use)

- Binary Information and Representation: Bits, Bytes, Nibbles, Octets and Characters

You appear to be mis-understanding the metric system (which, incidentally is what prompted that original reddit poster to propose "bit").

The way the metric system works, values are expressed in the following format:
<Conveniently sized number><Prefix (optional)><unit>

Using the same prefix or multiple prefixes is formally not allowed: since it would obviously lead to confusion. (sometimes is happens with really common prefixes though. The SI system formally defines its base-unit for mass as the kilogram)

In the kilogram example, the kilo (meaning x10³) is actually the prefix. The "gram" is actually the base-unit. Thus it does not make sense to say 1/1000th of a kilo.

Common prefixes:

• Mega M(x10⁶)
  
• kilo k(x10³)
  
• (none) (x10⁰)
  
• milli m(x10^-3)
  
• micro µ(x10^-6)
  

Since one µg is 1,000,000,000 times smaller than 1kg, I am not sure why you would expect dividing a kilo by 1000 would give you a microkilo. Maybe  millikilo.

Incidentally, the proposed "mike" short-hand for 100 satoshies does the same thing: (mostly) keep the prefix, but drop the unit (which is implied by context).

I actually put that address in a search engine and the 1Burtw... address came up... should have clued in.

Under a 66% attack divesting is impossible, so the first option is the only rational response.

I estimate it is a 25:1 long-shot, but this transaction happened at about the right time in the right amount to be the KNC donation. Disclaimer: I only looked at about 15 blocks on April 27th.

225 BTC payment -- or is it a 25BTC payment?

The price of BTC on April 27th appears to have been between $460 and $430 USD.

There were even similarly sized payments in the same block. This one stood out due to the nice round even numbers (and limited number of inputs/outputs).

If logical OR is assumed, even the people opposed will vote Yes!

I am seriously considering selling a portion. If popularity rather than correctness is what is important, then it would be silly not to invest in the Alt with the highest transaction volume.

Dogecoin does not have this problem because the unit in common usage (1 doge) is worth such a small amount of money (ignoring financial software integration concerns -- that would be an implementation detail: a correctness thing.)

(Bold mine)

With a 180 degree turn like that, I am wondering if I should just convert all my BTC to dogecoin (it is more popular after all).

It is not an all or nothing thing. Power storage can be used to even out the peaks and valleys of energy demand. If these thing are really going to eliminate coal plants as advertised, they need to store power, or power storage plants must be added to the grid.

These things are all supposed to be able to keep working with no external power. That means they have to store some energy for running the heater, mircocontroller, sensors and lights anyway. That means a battery. If the battery is to last any where near 20 years, it must not be charged faster than the 1 hour charge rate in full sun.  The numbers above suggest that the arbitrary battery I described would charge at a 2 hour rate in full sun.


Normally power storage must double generation cost because the power storage plant essentially represents doubled-up generation capacity.

The added cost of power storage in the tiles is essentially the battery. The grid interconnection will be the same with or without the battery. The logic behind these appears to be: we have so much land paved over that small losses (less than about 50%) don't really matter. I am not convinced adding a battery will double the cost of these tiles. Of course, no pricing has been released yet either (somebody said $16/square foot; assuming each panel is 1 square foot I guess $120 raises the cost about 8x).

Edit: DeathAndTaxes found Evidence these don't have batteries Thanks for that (post was deleted for some reason).

From the same page:

1 10amp-hour 1.2V cell can store 12Wh (I never said 600Wh). These were available grey-market from china at about $48 for 16 less than 10 years ago. The price may have risen a bit since then.  Edit: I edited my earlier post to make it more clear it is the individual cells that cost $3.

I did the math on your 185W figure (for raw solar collection) (times 4 hours) that works out to 740Wh: almost double the 480Wh figure I gave earlier. I was not assuming these devices are responsible for all energy production. They would probably compliment nuclear power nicely (which can't quickly change power output in response to conditions).

The guy is talking about producing 3 times the energy needs of the US with these things. Simply tieing into the grid will not work at that scale. Yes power storage is expensive. The batteries cells described cost about $3 each ($120 for a 40 cell battery). (Note: not sure they would have the advertized 20 year life though)

They would probably lose about half the stored power in conversion losses. Since these things have microcontrollers, they can store energy when the grid has excess supply, then sell back to the grid during high energy demand.

If the panels are expecting 4 hours of light per day, they *have to* store energy. NiMH battery patents should be expiring in about 2 years. The heated panels should keep the batteries above 0°C, preventing ice formation on the platinum catalyst. However, I have seen nothing on the solar road website about how the electrical interconnection actually works: not even the operating voltage is disclosed. D sized batteries can store about 10 Amp-Hours. At 48V (40 cells), that would work out to 480Wh (0.48kWh) of power storage per panel.

I am also not convinced that all surfaces will lend themselves to solar tiles. Parking garages would essentially have to be built with the required structural integrity out to conventional materials, with the tiles added on top. This will increase the thickness and cost. As was pointed out, it would be much easier to put the panels on the roof (of say the nearby mall) instead.

Edit: forgot to mention, I don't see how this energy trading with Bitcoin would work either. As far as I can tell, the road owner (whoever it is) would be selling the power. Bitcoin does not even have to enter into it.