I would also suggest to use another day. e.g. release date of first Bitcoin version or something like that because we dont know if that was the last post of satoshi.
Then I suggest June 7. Why the 7th of June? Google it to find the answer. Hint: It's computer related. ~Bruno~ The First Crusade: The Siege of Jerusalem begins? Mohandas Gandhi's first act of civil disobedience? Priscilla Presley opens Graceland to the public? Abu Musab al-Zarqawi, the leader of Al-Qaeda in Iraq, is killed in an airstrike by the United States Air Force? Oh, wait, you said computer related... Is it Sony introduces the Betamax videocassette recorder for sale to the public? I hope you don't think that's representative of Bitcoin  Or is it the sun blowing up last year and screwing up a bunch of satellites? |
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many financial firms handling forex and algo trading already buy locations as close as possible to major trunks just to gain a few ms in response time.
One Wilshire ftw. I think, well, if someone makes a simple guide for beginners ..with pictures.. . like this. I did it in Russian. https://bitcointalk.org/index.php?topic=62698.0Lol! imageban.ru is blocked in US government for "pornography"  |
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*POKES Phinnaeus, since that's the only way to get him to keep moving on this, it seems* |
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So, interestingly, while traditional pools have incentive to keep growing indefinitely, p2pool has an incentive to keep growing to a point? When a P2Pool split happens, I hope the division is even, or even automatic based on contributed hash rate, since just creating a new pool and asking people to voluntarily switch will not work (I would rather keep mining on an overloaded pool that one with very little hash rate and gigantic variance).
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okay, if there is not a btc address i can just send the btc to never mind:(
i am not going to run some command i do not understand.
thanks anyway.
Sure there is! To the address ... ... Thanks for contributing! Your calculations look a bit off. Address 14UEaiW2Rwqbv3iJAKVwjS6ZGZqaxp9c1Y should get at least twice, if not five times as much |
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I love how mac is sitting all alone and lonely in the corner, being ignored by everybody By the way, I had no idea there was a Litecoin P2Pool. Do you need a separate special P2Pool for that, or just point P2Pool to your Litecoin port? |
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I wonder what would happen to the world if borrowing currency became illegal. Not just no interest on loans, but no loans on currency to begin with.
That is, you only have what people give you, or you create yourself (through labor) -
Would it improve human relationships?
Doubt it. Instead of people saying "you owe me money for this loan," they would say "you owe me money for this job."People would still have issues to complain about. Would it destroy the idea of raising capital?
Investment capital is at most an unsecured loan (nothing is put up against the loan, like a car or a house, so if it fails, you get nothing). In this case it would depend on how broadly you define "loan." If unsecured loans with no guarantees of repayments are ok, venture capital will still be ok. However, since credit cards are also unsecured loans... Would it kill millions of people?
Only in so much as it will severely stifle and slow down economic and scientific development. People will keep dying because new medicines, and new technologies for water filtration, food, housing, and communication will take longer to get invented, built, and delivered. If I come up with a new water filtration system, and can sell it for a 20% profit, my options are: Take out a multi million dollar loan to set up a factory to produce them by the thousands, then pay off the loan over five to ten years, keep a few $100k profit for myself, and use that money on some other invention, OR Not having access to loans, make the filters in mygarage one at a time, save up the %20 profits for many years, and maybe afer many many years be able to afford a factory to make them, but by then either someone else will have invented a better filter, or the customer base would have died off due to bad water. Bottom line is, loans are a good thing. Irresponsible people who take out loans they can't afford, and who take on loans without even taking the time to understand finances, is the bad thing. |
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So, this: http://goo.gl/4XmYUThis is the formula to calculate monthly payments in a deflationary currency loan PMT = ((1-d)^t*P*(d+i))/((d-1)*(-1+(1+i)^(-n)*(1-d)^n)) d = deflation % n = number of pay periods t = period for which payment is calculated (t=1 at first payment, t=n for last payment) i = loan interest P = principal amount borrowed Using this formula, each successive payment will be less numerically, but the same in value, so a $600/month payment now will still be the equivalent of $600/month in a few years, making loan repayments easier to manage. At the same time, the lender gets the return on value from both, the deflation interest, and the loan interest. |
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There is a device like this being developed in a sort of hush hush manner by a group in University of Maryland, and they plan on selling it for about $5,000 per generator (last I heard, about a year or two ago). Not sure if that'll go anywhere though :/
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Emus For Bitcoins
Your eccentric, Libertarian uncle recently passed away and mentioned you in his will. You and your cousins (Contestants) are gathered together to hear the details. His emu farm was the only thing of value he left behind and your uncle made provisions to leave it to only one descendant. You must present a business plan to the executors of his estate (Judges) outlining how you would not only maintain but grow the business accepting only bitcoins as a means of payment, according to your late uncle’s wishes. Assuming that the farm is currently only breaking even but has a good line of credit at the local bank, has no assets to speak of (other than the physical property and the emus) but no significant debt either, convince the Judges that you have the best plan to honor your uncle’s memory.
Easy. Paint the emus yellow, rename the place to Chocobo Farm, set up a bitcoin selling site that calls Bitcoin Gil, watch RPG nerds flock from all over the country, sell merchandise. |
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Fascinating, but what I have yet to hear in any of the chats or forums surrounding BTC mining at these profitable levels, is what does this stress do to hardware? Say you actually have ~260 video cards running full-tilt and cooled adequately. What's the rate of attrition, are you going to be replacing a card every week that fails? That's math that hasn't been taken in to account... 4 dead cards/month maybe and you're still way ahead but I never seem to see this addressed. Maybe it's not an issue?
Software monitors the temperatures and keeps the cards from overheating and dying. My two 5830s have been mining non-stop since May, without any issues whatsoever. As long as they don't go over 75C, they're fine, since it's not like there's anything physical to wear out on them. |
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why is the default location for blockchain data in %appdata%?
Because when you use default Windows backup programs, they back up the User directory, where all your documents, music, videos, and PROGRAM SETTINGS are stored  |
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It needs 2 hours to calculate...
Thanks  |
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Using newest p2pool and newest cgminer now. Noticed the change with cgminer reporting a lot more shares as being ACCEPTED, which I guess it to check to make sure it's working.
One quirk with p2pool though: the most hashing power I can get out of my cards is 530Mh/s. That's what cgminer is reporting as my average. P2Pool, however, is reporting
Recent: 0.66% >1092MH/s
Why is that? And is this a bug that may be distorting the total p2pool hashing power, if a lot of people are experiencing (reporting) it?
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Are you able to make BIP16 and BIP17 voting bitcoind binaries? For what platform? The one that people who only know enough about computers to be dangerous use: Windows. |
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I just found out my pool was pro BIP 16. I am not going to join Eligius because of the obvious reasons. It's not obvious, but your choice is your own. Maybe Eligius is anti-furry? Are you able to make BIP16 and BIP17 voting bitcoind binaries? |
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Watching
Regarding some questions I saw here:
cgminer > guiminer, even if guiminer is already set up, just for the automated overclocking options and temperature monitoring alone
Bitcoin-qt WILL crash if your wallet.dat is encrypted. Use bitcoind instead, or don't encrypt your wallet.dat (if you're using Windows, you can encrypt the wallet file manually by right-clicking on wallet.dat, going to properties, and checking encrypt there. Supposedly this will protect your wallet.dat contents from being stolen, but don't trust me on that)
P2Pool will not connect AT ALL unless your bitcoind is fully loaded AND has the whole blockchain downloaded.
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In a democracy, on most complex financial/economic/political/etc issues, ordinary voters "are not qualified" either. But they do vote, as they should; they vote representatives who are supposed to know these issues better.
LOL! As long as those representatives are not "East-coast Educated Elites™" and are good at "sitting down to have a beer with" Because economics and finances that involve complicated mumbo jumbo are just liberal lies in disguise, and not good, down-to-earth, Reagan-style, Amuhrican economics  |
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..."a major US-based white supremacist network"...
You have to laugh when something no-one has ever heard of is suddenly elevated into a "major...network"
My first thought was "is it peer-to-peer?" |
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...snip...
He was posting some stuff, mods didn't like it, so they put him on a temporary ban, he created alts to circumvent the ban, the mods really didn't like that, so they banned him harder, then he tried to bribe mods by offering them money to make them unban him, and the mods REALLY didn't like that and got him totally banned.
I have to ask since the threads he started were usually thought provoking and he at least debated in a civil manner. What on earth could he have posted that got him banned from this site? I honestly don't remember, but I think it was a minor infraction, like posting off topic in a wrong section, and that infraction escalated as he tried to avoid the ban. Yeah, I kinda miss him too, but on the other hand my productivity has gone back up since he left. |
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