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561  Other / Politics & Society / Re: Obamacare Site Hacked on: September 08, 2014, 08:13:13 AM
Did the hackers manage to find any misplaced emails?  I hear several agencies are having a real hard time retaining their data, maybe the hackers could help the government with backups  Roll Eyes
562  Other / Politics & Society / Re: Record: 92,269,000 Not in Workforce - USA on: September 08, 2014, 08:06:29 AM
From Skid Row to Wall Street handouts are available at every corner.  Why bother wasting time working?
https://www.youtube.com/watch?v=0OQjlzh279E
563  Other / Politics & Society / Re: The First Successful Demonstration Of Brain-To-Brain Communication In Humans on: September 08, 2014, 08:01:41 AM
For the first time ever, neuroscientists have demonstrated the viability of direct — and completely non-invasive — brain-to-brain communication in humans. Remarkably, the experiment allowed subjects to exchange mentally-conjured words despite being 5,000 miles apart.

It's the neuroscientific equivalent of instant messaging. Two human subjects, one in India and one in France, successfully transmitted the words "hola" and "ciao" in a computer-assisted brain-to-brain transmission using internet-linked electroencephalogram (EEG) and robot-assisted image-guided transcranial magnetic stimulation (TMS) technologies.

http://io9.com/technologically-assisted-telepathy-demonstrated-in-huma-1630047523

A penny for your thoughts. I loved one of the comments at the bottom "But don't be readin' my thoughts between 4 and 5. That's Willy's time!" I suppose this will add a new dimension to the term cyber sex Tongue

So we have an "Indian" talking in Spanish to a "Frenchman" talking in Italian.

Somehow I just got the picture of Dude Where's my Car in my head.
564  Other / Politics & Society / Re: NASA: Asteroid Will Pass 'Very Close' to Earth on Sunday on: September 08, 2014, 07:57:09 AM
This is not entirely uncommon. When NASA says that it will be "close" to earth, it will really not be that close (several hundred thousand miles+), nor will it pose any real threat to our planet. I would say that it is certainly interesting news, but nothing to worry about.

23,700 miles << 237,000 miles - 1 magnitude less.

That's like shaving by firing a 9mm against your face  Cheesy
565  Other / Politics & Society / Re: Please raise minimum wage to $15 click here for your support! on: September 08, 2014, 07:51:09 AM
LOL causing crash in economy, creating huge unemployment just to be able to say "We told you so!" is a bit extreme, and probably it will only have a very short-term educational effect.

Just one city that actually did it. We'll see the effects! Actually Seattle may be able to sustain it with the huge concentration of Amazon, Boeing, Microsoft, etc employees with lots of disposable income to spend on more expensive restaurant bills, more expensive groceries, etc.

2 of those are transplants. Boeing more or less moved all of Southern California aerospace (MD & Boeing) to Everett and thanks to the crazy labor contracts had to start looking elsewhere in the last 5 years.  It's only a matter of time before more of those companies set up satellites.  How much has MSFT moved out to Hyderabad.  Even Expedia is there in Seattle and they're moving 1/3 out of Seattle soon.
566  Other / Off-topic / Re: This is freaking AWESOME and talented! :) on: September 08, 2014, 07:39:44 AM
There is nothing cool in repeating and remix making.

The every Weird Al song is worthless. Every cover song ever done is worthless.
567  Other / Off-topic / Re: incredible accident! on: September 08, 2014, 06:53:02 AM
Incredible Propane Truck Accident

https://www.youtube.com/watch?v=w-EJ_Z4zHwg

Looks like your normal Angelino driver to me.
568  Other / Off-topic / Re: Write a letter to your 15 year old self in 10 words or less on: September 08, 2014, 06:45:13 AM
Forget BTC, buy MSFT and AAPL and Google when they were cheap.  The whole Bitcoin cap is under $10 billion - easy to have that in stocks  Wink
569  Bitcoin / Pools / Re: [13000 TH] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers on: September 08, 2014, 06:09:50 AM
This is actually what scares me right now, not knowing where diff will be come Jan 1st.

I'm not referring to raw network growth in this case, but specifically *where* it shows up.  I'm still expecting BTC Guild to shrink as a percentage of the network (same with Eligius, slush, BitMinter, etc.).  As posted earlier, "home mining" has become a very specific niche within the overall mining ecosystem.  By Jan 1st, I doubt most original pools combined will even be 15% of the network.  As it stands today, BTC Guild + Eligius + Slush + p2pool + BitMinter + Ozcoin + Eclipse combined are only ~16.5% of the entire network [based off the last 2016 blocks].
Good lord thats insane.

Yeah it's only going to get worse.  Take each of the top 4 major vendors and say they're all 15% each - they would have farms that compete will all the home users.  Bitfury, Antminer, AM, KNC, and maybe SP.  I'm sure some of them are throwing hash on DiscusFish.
570  Bitcoin / Mining speculation / Re: Knc miners worth it? on: September 08, 2014, 05:55:24 AM
Stay away from KNC. Get the SP31 or Bitmain S3

If the goal is to make profits I would skip mining and do what the rest of the world does everyday and start a business that accepts Bitcoin.  That pizza parlor made more BTC than most farms will ever make  Cheesy
571  Bitcoin / Mining speculation / Re: 14nm ASIC is coming! on: September 08, 2014, 05:50:42 AM
Who wants to go in with me and make a 7nm chip.  Aww crap, Dogie is already writing reviews on the 3.5nm stuff.

Seriously though BA can't afford to keep past commitments, they sure as hell won't be putting 14nm stuff out for customer use.
572  Other / Archival / Re: Hope for diff increases as bitcoincharts = .0007 percent jump predicted. on: September 08, 2014, 05:46:41 AM
Oddly I notice that Bitmain shipping is on hiatus and the large spikes during each difficulty are on a hiatus.  The numbers don't add up but the timeframes do  Huh
573  Other / Off-topic / Re: People with best and worst trusts on: September 07, 2014, 07:58:17 AM

Don't waste your time seeking worse trust than Trade Fortress. Dank has less than 10% of his negative trust.

TF only "lost" about 4k coins.  Compare that to the likes of BFL's Josh Zerlan:
https://bitcointalk.org/index.php?action=trust;u=8198

Yifu Gao from Avalon:
https://bitcointalk.org/index.php?action=profile;u=68196

If there was one that should be the bloodiest red of all it would be Pirate@40 - still the biggest con in the history of Bitcoin.
574  Bitcoin / Mining / Re: Bitcoin mining game apps for iPad on: September 07, 2014, 01:01:32 AM
You will earn essentially nothing.  If you want to play and make money go farm gold/items in some MMO and sell it for Bitcoin.  There are games that utilize Bitcoin as in-game currency but presently the demand is not there.
575  Other / Archival / Re: Hope for diff increases as bitcoincharts = .0007 percent jump predicted. on: September 06, 2014, 06:04:38 PM
I would stick with Bitcoinwisdom's 15% estimate.  If could just be good luck right now or it may very well be new power added to the network, but in the next 1400 blocks I'm sure some more Neptunes and SP stuff will come online to ensure the 15%.

AM stuff is still a mystery - guess that 150PH in chips hasn't been materialized into hardware.

well you never know but it has trended down a bit more on btc wisdom it is around 13.6 %

Well you can't forecast luck.  BTC Guild is now doing well and Ghash.io has been doing pretty badly.  The network hasn't found a block in 55 minutes - bad streaks throughout the day - but I'm not complaining  Tongue

Yeah 55 minutes for the entire network to find a block is pretty remarkable.  well whether we do 8% or 13% in 7 more days. Either one is far better then 20%.

Phillip, Dr.G....we should all put .01 btc in a pot and let the winner get it ?

  No that is gambling. This thread is speculation and is here to guide those looking to expand or shrink their mining activities.
Lets face it I am in the camp that   growth is shrinking towards  a 6-9%  range for the next 140 days.  Doc G is in the 12-18% camp.
Makes a big difference on how you play with BTC mining.  If you are in my camp and your power cost is under 10 cents a k-watt you can still buy gear. If you are in Doc G's camp buying gear is wrong even with cheaper power. His camp would say shrink your mining and use the money from selling it to buy coins.
      Lets face both of us are in the dark making educated guesses as to what to do.  For me dumping gear is a reality my 2 small cheap power deals are filled up and in house at 15 cents a k-watt  will stop working in a few months.  Even with 4-8% growth my in house mining ends in feb or march.

and btc wise = 13.58%

bitcoin charts = 5.87%  as of 1 pm eastern standard time.   and we are about 1000 block done and 1100 to go.

DrG was in the same camp as Phillip.  DrG once thought difficulty would not hit 1 Billion very quickly back when Bitcoin was sitting in $100s.  Now Bitcoin is sub $500 but difficulty is at 30 billion.  DrG think miners have lost their minds and have been overrun with greed and mining has been centralized with economies of scale.  DrG believes mining for profit is only for idiots like himself who have a little cheap power and even then realizes he may not ROI on his Bitmain S3s.  DrG has gone full pessimist on mining.... never go full pessimist  Undecided Cry
576  Bitcoin / Mining speculation / Re: BitCoin Mining ROI on: September 06, 2014, 05:55:58 PM
Basically you're asking for a miner crowd-funded ASIC development that runs as a non-profit.  Any profits would be divested back to miners who would be considered shareholders.

AsicMiner started off this way - not sure how they're really standing at present.

The community does have the resources but I don't know if we have the energy to fight the very monsters that we have created.
Such a project would run too slowly. To compete in ASIC mining, you now have to go from new design to huge mining farms in months. Any delay reduces ROI, and significant delay (months) makes it negative. So to compete, you have to throw money at the problem and go for time to market, even if it raises costs.

It's also late to be getting into this. By Q1 2015, all miners will probably be losing money due to huge overcapacity.

If "we're" going to be losing money we might as well fund our own non-profit company and sink the funds into that.  Given the comments I have seen in the mining forums and the background of several of the bitcointalk members I would say we have more qualified members than many of the ASIC manufacturers from the end of 2013.
577  Bitcoin / Mining speculation / Re: New miner. on: September 06, 2014, 05:53:03 PM
It is  $60 bucks... perhaps he/she just wants to mine for fun.

Have at it OP, gratz!!

Yes but for $60 why buy a 10GH/s designed in 2012 when you could get a Rockminer that does 35GH/s and clearly uses less energy for the same price.  And it doesn't have all the scammy goodness associated with it that BFL has.

There are several sub $100 options still available that are current.
578  Bitcoin / Mining / Re: Ready to mine, what do you think of my setup/safety? on: September 06, 2014, 05:47:58 PM
put a humidifier in the room. solves couple issues your carpet and the unit heat will contribute too , for the safety Smiley

While humidity will decrease the risk for static shock thanks to the carpet it will also decrease the lifespan of PCBs on any miner.

Carpet is not really an issue, I mined for years on carpet.

Bigger issues - pets and kids.  If you don't have those then you're OK with physical issues.

Water flying into the unit is the other big concern.  Don't keep it near an open window or near a bathroom where somebody would shake their hands to dry them off.

You don't have to cover the paperclip but if it freaks you out just put electrical tape over it.

@HiSoC8Y -  My wife chocked with a glass of mineral water and she spilled out of my GPU rig. I lost 3 of 4 R9 290 Sapphire because I didn't placed my rig in a proper location..
 

I would say it was the other woman syndrome Tongue  I have had my wife complain a few times that all I do is play with those miner things and she normally doesn't get jealous  Tongue  Women....  Huh
579  Economy / Service Discussion / Re: Advice for new users regarding CLOUD MINING on: September 06, 2014, 05:42:34 PM
Good point. No we do not have any protection or insurance against such loss. I do not think it would even be possible to obtain a policy for the miners hosted elswhere in China or even if so the premium would be massive. We would be not liable only in the situations as they stand in our T&C that is basically vis majeure and/or war, riots or Chinese government closing the data centres.

We will however think of a kind of assurance for our customers as this will be mutually beneficial. At this stage I cannot imagine what it could be. The things will be more clear once we move from beta and fiat purchases will be available, just a couple of weeks from now.

Anyway it is a very interesting discussion and I am thankful for all your comments. It seems inevitable that the cloud mining business will be maturing with time.

If you look back at the group buys from mid 2013 you will see a lot of "respected" senior and hero members who bought ASICs and offered to essentially do the early version of cloud mining.  People paid smaller amounts to have a piece of the mining pie.

What ended up happening is people who may have been well intentioned at first ended up becoming overloaded with work and the harassment from all the group buy customers.  For example some group buys bought 10 Avalons and had to divide the hashing over 50-100 people.  They had to send out weekly or biweekly payouts to these people.  Eventually the group buy owner would just stop communicating and leave.  So many people got burned that way.

Even I tried to set up a group buy since I have free electricity.  But being a physician and having been in business I know you can't just say "Hey I have a business".  You need to have contingencies like what happens if I die or what happens if somebody steals the miners.  Eventually Avalon ended up failing to deliver the Batch 3 and I closed my group buy and I returned all the coins.  I'm kind of glad now that it never materialized.
580  Other / Off-topic / Re: I think I just found a picture of someone here in bct. on: September 06, 2014, 06:50:35 AM
I wish I had that much hair!   Wink

Does that mean your boobs are even hairier?  Shocked
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