One sold to Syke (thanks), one still left. Price is 28 bitcoins.
Code redeemed. Thanks. |
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As it stands - with my visa credit card and/or bank checking account... if a hacker/virus happens to "steal my identity" and then make fraudulent charges towards my account... the bank will pay me back.
Actually, bitcoin pretty much solves this problem. The reason there's so much fraud is because there is no private key with credit cards, bank accounts, etc. Whenever you use your credit card, anyone can take that number and use it again as much as they want. With bitcoin, I can make a payment to anyone, and no one will ever be able to use that address to take anything from me. Here, I'll show you. Here's my bitcoin address 1H8KtBi9tFtD2vKhNaY9NV5Tbe4rLm4267. Now you post your credit card number and let's see what happens. |
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They are just targeting a different audience than bitcoin users.
By different you mean, willing to pay a 50% fee to participate in the pool. Stick with CoinCard. Their "little cut" is literally quite little. And that's a good thing. |
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The best price/power card will be probably 6970, because it has almost exactly the same power while being at least 40% cheaper (last time i checked).
However that does not necessarily apply to the best Watt to Mh/s ratio.
Are you comparing a 5970 to a 6970? Because the 5970 will absolutely crush the 6970. |
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Good deal, I'll take one. PM me an address.
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Consider a world where mining only pays out transaction fees. Almost all miners charge a transaction fee of t and all users pay a transaction fee of t on their transactions.
Stop right there. First, miners don't charge fees. They either include txs or they don't. One miner decides to increase his profits by charging a smaller transaction fee.
For this to even be possible, there would have to be so many txs that they don't all fit in a block. That would be thousands of txs every 10 minutes. That is in the very distant future. And again, miners don't charge fees. If there are so many txs that they don't all fit in a block, they'll just pick the txs with the largest fees. This "smaller transaction fee" situation makes no sense. |
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maybe he's buying coins daily from the market, no need for him to "truly mine" them.
He's selling "mining capacity", implying that they are new coins like BitcoinRigs and vladimir. If he's doing something else, I want to know. we should be glad that here's one more service-offer for bitcoins, instead of dollars, isn't that exactly what the bitcoin-economy needs?
A typical service converts bitcoins to something else, or something else to bitcoins. A service that converts bitcoins to bitcoins? That sounds like a laundering service. Is that what's being offered? and what's the point in converting dollars to bitcoins by leasing hardware and wait for months,
if you can buy them cheaper within a few days (if it takes that long to transfer your dollars to LR- , or MTG-dollars)?
Mined coins are anonymous and untraceable. Buying on the open market is risky and complicated. |
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- BitcoinRigs sells 1 Ghash/s/month for 610 BTC ($500/mo, current MtGox rate is 1 BTC = 0.82 USD)
- vladimir sells 1 Ghash/s/month for 755 BTC (1160 GBP for 3 months, 1 GBP = 1.6015 USD, 1 BTC = 0.82 USD)
Where are you seeing .82? I'm seeing .88 and up on MtGox. Are you guaranteeing truly minted coins, or are you just sending the same coins back to the buyer? And what is the point in converting Bitcoins into Bitcoins? I can see the point in leasing hardware to convert Dollars to Bitcoins. |
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Ok then. Thanks guys! That answers my question. I was wrong.
So a nonce can be basically anything then?
Like 0, or 0a9257n02370?
Right. It doesn't matter what your nonce is. You could start at 1 and increment by 3. You could start at 10000000 and decrement by 17. Every attempted nonce has the same chance of "cracking the block". |
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Also, I think it is a bad idea for most merchants to run a local bitcoind node. That implies they will need to know a good deal about P2P networking, in order to defend their installation against attacks. You have to track bitcoin software closely for security updates, that sort of thing. They're going to have to have bitcoind running somewhere if they want to use the coins they were sent. We should be directing most merchants to APIs such as mybitcoin.com's SCI or mtgox.com's merchant API.
And they can provide an order id (I think MBC does already?) through those Web APIs.
That just defeats the purpose of a peer-to-peer currency. Those merchants might as well just use any number of centrally controlled ecurrencies. |
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You all have cheap electricity!
$.40/kwh here in California.
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The only proper solution for this extremely significant airflow design is to change the lower forward intake fan to instead be an exhaust. You will then need to find another way to flow cold air intake into the case. Both to the intake of the GPU and the CPU... Doing this in many cases would not be a trivial task.
I would put intakes on the side of the case, with exhaust fans in front, back, and top. |
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Nope, mining isn't profitable anymore. You can all stop mining now.
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I have an Amazon Prime membership. An Amazon card would be really nice option.
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Why not boot it up with a live-cd, install openssh-server on it. Create an account and let me (or someone else) have a stab at it?
How does openssh-server work if you are behind a firewall? |
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The 6990 only has 3072 Stream processors compared to the 5970's 3200 stream processors. So, correct me if I'm wrong, but the 5970 is still king.
False. The 6970 has fewer SPs than the 5870 but still hashes faster. I'd expect the same from the 6990 What makes you think that? My 5870s pull about 340 mhps, and my 6970 pulls about 320 mhps. The difference is likely attributed to the slower drivers needed to support the 6xxx series. |
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FYI, a table with expectations of BTC generation for 1 Ghps, for bitcoin difficulty seen recently (daily average):
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76193 - 13.20 BTC
So for 1031£ you can get 1188 BTC worth about 622£. Wow. |
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I dont have any ATI hardware, so im not sure if the stock drivers are any good for gpu mining.
No they're not. This will not work with GPU mining. Look around for all the other threads on how to install the drivers/sdk for ATI hardware. |
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I'll stand up for wb3. His command of English is far too good to be Baron. As for Gox, I trust him enough to do an occasional buy/sell of some bitcoins, but I do not trust him enough to keep any funds in his control for more than a few minutes. Let me point to one big Eve scam (there's probably more) as an example. http://www.eveonline.com/ingameboard.asp?a=topic&threadID=381340Gox could one day close all accounts and there would be absolutely nothing any of you could do about it. |
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