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5721  Other / Beginners & Help / Re: What's the hardest thing to understand about Bitcoin for you? on: October 10, 2015, 04:46:14 AM
Mining is the hardest thing for me.i still don't understand it so i finally ignored.

Any certain part of mining?  There are lot's of us miners here on this board.

We might be able to help, chances are good Smiley
5722  Bitcoin / Mining speculation / Re: Diff thread Oct 1 to Oct 14 picks are Closed. 2x bonus! + a surprise? on: October 10, 2015, 03:56:33 AM


10/1/2015    153------------   + 9  about + 4 for this adjustment period.  
10/2/2015    130 ------------   -14                      so as of 11 pm we are about a - 10
10/3/2015    145 ------------ + 1         so we are near -9
10/4/2015    158 ------------  +14         +5
10/5/2015    151-------------  +7          +12 total
10/6/2015    146 ------------  +2           +14 total
10/7/2015    132 ------------ -12               +2 total
10/8/2015    137 ------------  -7                -5 total
10/9/2015    132 ------------ -12               -17

1205 made and we should be 1222  so we are  -1.39%


https://bitcoinwisdom.com/bitcoin/difficulty     (+0.55%)  this just a bit too high.

with 811 blocks left and the weekend coming up I see a possible neg adjustment.

I will happily take a negative.  It's been too long since that.    And very nice compared to 5's.

What I wonder is how many S7's are in the mail right now. Wish there was a good way to tell.
5723  Bitcoin / Hardware / Re: BM1384 Pod Miner plus trade-in/recycling - an interest and feasibility poll on: October 10, 2015, 02:32:12 AM
I'll have to take stock of what I already have, which right now is enough scrounge parts for 50 pods. What I don't have right now is money for non-scrounge parts for 50 boards, so if I do take preorders I'll certainly be open to people paying for pods. I'll also be open to people trading S5 boards, assuming interest in the first batch exceeds 50 pods.

anytime you want 50usd to 250usd in btc let me know. I will keep a coin on the side for sidehack.

I'm keeping a tad away for it aswell.  Sidehack has shown very qood quality on the compacs.  I have enoyed playing with them a lot.

This pod sounds like fun in a bigger miner even a pretty cool pod design with being able to add your own cooling allows for some personality to it.

And so far it seems like all good news.   And a lot of work going on.  Cant wait to play with one though.
5724  Bitcoin / Mining speculation / Re: Is it worth mining? on: October 10, 2015, 02:28:03 AM
Hey guys.

I am currently living in a place where I will get free power for the next 4 years. With the price of miners at the moment should I buy a miner and start mining? If so will it be profitable?

If so what type of miner should I buy?

Thanks

The miner you should buy is this one:

http://www.spondoolies-tech.com/products/sp50

110 TH/s ± 10% is a lot of mining power, it have nice potential.

We don't even know the price of that miner.  At first they will be looking for data centers wanting multiple.   They will find a market to. 

It will be a while till you can buy one I predict if you want just one.  Even then it's likely pricey for all it provides.
5725  Bitcoin / Pools / Re: Sidehack stick solo pool club on: October 10, 2015, 12:13:27 AM
i plan on buying one as soon as he reopens the sales.. maybe even 2.
i can move my s3 to kanos pool until i get it tho..


My biggest suggestion use this time to get a Y usb adapter.   The one that get's power from 2 usb ports.   If you go cheap it takes a week or two.  Mine was closer to two weeks.

So I would order on ebay now as they are super cheap with free shipping, just slow shipping.
5726  Bitcoin / Pools / Re: Sidehack stick solo pool club on: October 09, 2015, 11:43:44 PM
right now the only issue I see is one person has not purchased a stick  so when beta testing ends he would not get a share.

We  well I allowed him to mine  and anyone else  to mine during beta with any gear  and get a share. as long as there were active.

I believe  he is mining with an s-3 and that is all he has.

this is the miner.

http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.aarons6

So since we are coming up to the end of beta I wanted to check if aarons6  has added a stick and I missed it.





Next is  how to spilt a block after beta.

 I am thinking ½ based on equal spilt ½ based on shares earned in time frame.  Based on this idea  we could keep someone like aarons6 in the pool and he only gets coins from shares ½ not the stick ½ .


Size limits members in the club       maybe 30 or less.

Length of a run 1 month       the 11th of each month.


I think the above pushes sidehack product which I/we want to do.

We could also do  something for pods when and if they come out.

Opinions needed for the above.
Also for this run from oct 11 to nov 11   I will point this miner  24/7/30




I guess now would be a good time to pickup the ideas i threw out a while back.

I had suggested max 2 shares per person. 1 for stick, 1 for donation no matter what the donation is, that way everyone still get equal share but this will incite people to donate what they can.

I am not sure if you meant half the reward go equally between stick owners and the other half is hashrate dependent. If that is the case;

I would say if there is not a too big difference in minimum and maximum given your option would be good and more rewarding for people who throw in more hash, while still worthwhile for people that can only point a bit of hash at this. Since just actively pointing a stick means getting 1/60th of 25BTC+ if we have 30 participants.

Your way may motivate more hashrate to be thrown at this, so both way would get my +1.



Phil has a good system worked out he posted.  We should not stop support of sticks at 2.  This club is part to help sidehack and if you have  a ton of these sticks you get more of reward.  But phil doing 1/2 equal share is more then fair.

It also allows those with many more to get more of the other 1/2 so makes sense.  And goal is to be fun chances of hitting block are slim.
5727  Other / Beginners & Help / Re: Easy ways of turning bitcoins into money? on: October 09, 2015, 11:12:29 PM
I finally have about $560 dollars worth of bitcoin, and I want to transfer some money to my mom's paypal account to help her with her rent. How do I do that?

Also, is there a way to make extra bitcoin from just posting? I heard there was a site where I could just make bitcoins from posting.

Did you not pay attention in class? Bitcoin IS MONEY!

There's a lot of newbs on here that keep talking about Bitcoin like it's loyalty points or something. Bitcoin is currency...it's really that simple.

To the OP, how did you get your ~BTC2.3? And why in the world would you want to exchange it for fiat?!?!

A suprising amount think of it as digital item.  They think you can get tons of BTC for free.   People need to understand btc is digital money and has a fiat money value.

Best suggestion is don't use paypal or anything like it as high scam rate.  Get a good exchange and link it a checking account you have.  Then the exchange makes it very easy transfer money.
5728  Other / Beginners & Help / Re: How many bitcoins do you have to sell to make a living? on: October 09, 2015, 11:06:29 PM
I assume the OP is talking about selling via Localbitcoins or something like that. In that case your concerns will be spread and volume and the right place to buy them from at the right time.

There appear to be professional traders on there but you'd be working awful hard and dealing with a lot of flaky assholes. You'd need your bank accounts and local regulation in order too otherwise you'd be shut down rapidly. There's gotta be easier livings to be had out there but it's quite possible.

A lot of the exchanges if the suspect you selling on localbitcoins they will close your account.  So you really would need to find a way to get BTC regulary other then a echange. 

I'm speaking about US specifically.  As if you are selling BTC from say coinbase they will not like that.  It has to do with KYC they have to do a lot to keep legal.  I also suggest you look into laws a lot of times if you do localbitcoins in US it could be considered money laundering.
5729  Bitcoin / Mining support / Re: Minepeon Alternative ? on: October 09, 2015, 11:00:09 PM
Hello all I want to do is run my 2 rockminers and minepeon is becoming unstable.

I need an all one kind of thing like minepeon I'm very noob so a child needs to able to do it

hope you can help.
Use Minera, it's the best mining distribution for the moment. For rockminer support you should select mainline cgminer in the webui.

Use minera if you are looking for the best GUI right now on RPI.  It is the most GUI.

You actually can use the OS raspbian and do a lot if you don't mind doing it yourself and just use cgminer within it.   This is what I'm currently doing.
5730  Bitcoin / Hardware / Re: BM1384 Pod Miner plus trade-in/recycling - an interest and feasibility poll on: October 09, 2015, 10:53:50 PM
[...]

Right now I'm planning to have holes for LGA1150 coolers.

Way to go, this is the best plan imho.

works for me I have a few .

I'm going to have to go through my parts area.  I have a few but been so long I don't remember what they were all were deals at one time or another I bought incase I needed.

Hopefully I have a LGA1150 in there.  I guess not a huge deal if I don't.   Normally I don't pre-order.  But do you think you will do pre-orders on the pod?  I for one feel safe enough for you to pay in advance if it helps you through dev.
5731  Bitcoin / Hardware / Re: ANTMINER U3 Discussion and Support Thread on: October 09, 2015, 10:50:30 PM
31 hours, no errors, continue testing, made some adjustment to firmware, and porting antminer s5 interface to it, stay tuned Cheesy
https://i.imgur.com/SoZ04Em.png

You are running it at max freq/voltage, that's very brave of you, especially with the factory power brick.

You should do the widescreen display in cgminer, [D] then , to show the HW error field.

It shows HW errors on the screenshot. 104 in almost two days.   Which is a very very small amount of accepted.

So it's looking like Smit did a amazing job on writing this pretty impressive.
5732  Bitcoin / Hardware / Re: A new poll for product warranties Bitmain on: October 09, 2015, 10:47:39 PM
Yeah increase the warranty so prices go even higher, great idea  Roll Eyes

It is true they will not eat the cost of it.  Anything extra will be paid for.   They are a buisness and they want to make max profit.

Just like idea of photo proof of bad parts.   If they did that BM will jack up price to cover it.  But I think it's safe to say they will make people send parts to them unless you buy part and are out of warranty.
5733  Bitcoin / Hardware / Re: Antminer S4 SD Card issues on: October 09, 2015, 10:45:36 PM
For some reason, my Antminer S4 card became corrupt. I went out and bought a new SD Card, but I am unsure of how to put the firmware on the card. Any help would be awesome thank you!

You will need a copy of the S4 image.  If you use a program like win32diskimager you can burn it to the new SD.

There should be a few images in S4 thread that are backup.  You need backup not firmware image.
5734  Bitcoin / Mining speculation / Re: Diff thread Oct 1 to Oct 14 picks are Closed. 2x bonus! + a surprise? on: October 09, 2015, 10:41:11 PM
The only thing I wonder is what is happening with this old gear? 

Old gear ends up piled in a corner somewhere waiting for the e-recyclers to come and haul it away!  Most of the time I don't think it's cost efficient for large operations to spend time setting up old gear, even if it is still viable to run (on paper).

yeah if the gear turned a profit  they don't need to sell it off.

big builder/miner has no need to sell gear that will hash against him if he is flush with profits.

My guess is 100ph of old gear that could mine sits and waits to be scrapped.


Interesting I guess I am thinking about getting every last penny out of old gear.   But you are likely right if paid for they really don't care what happens to old gear.

I guess I'm use to bitmain where they sell like S5's that were used.   Bitfurry does avoid general public at all costs it seems. Were still waiting for the lightbulb.
5735  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: October 09, 2015, 09:21:53 PM
I think they likely went into a frenzy of shipping.  I don't see them wanting to give compensation for it.   So likely they were more worried about getting it out then having tracking working on clicking.  They can fix tracking on monday, they cant fix it being late monday.

I am still interested to see come next week I suspect there are still some who don't get it.  I want to know what they consider fair compensation.  Will be an interesting week.

My orders haven't shipped (even tracking via reference doesn't find anything) so I think it's safe to say - considering that it's the 10th in China already and a Saturday too - that Bitmain failed to meet their own deadline.

A fair compensation would be a choice of

  • full refund
  • refund of a price difference between Batch 1 and Batch 3 (assuming the miners are 4.86 TH/s) and delivery before Batch 3
  • coupon for a value of twice the above price difference

I wouldn't hold my breath. Bitmain didn't respond to a couple of e-mails I sent. I can understand they're busy but it doesn't take that much effort to at least say "Hey we screwed up a little, compensation is coming next week, happy Columbus Day".

The bad thing is they did not decide on Friday what to do an send out emails.  I joked at one point announcing a crap compensation on friday then leave work for the weekend.

But it seems they really did put in a day's work and deiced not to respond till after weekend.  I was surprised by this.  I think if it was a great compensation they would want announce it to show customers they care.  So I think it's a bad sign they took weekend without even talking about compensation.
5736  Other / Beginners & Help / Re: How many bitcoins do you have to sell to make a living? on: October 09, 2015, 09:17:56 PM
Is it even possible to make a living by selling bitcoins?
yes it is possible if you can sell 20 bitcoins per month but the question is how you can get them?

why 20, 1 btc is 240, with 4 btc you can already have a decent life, if you can afford those every month

3 antminers s7 can do(almost) this if electricity is 0

The hard part is where are people getting these places with 0 electricity costs. I do not understand it as most landlords if it's included would not be happy if your bills had multi-hundred more then past tenets in electricity.

Only places I have that did not measure were student housing.  And they were pretty expensive really.  Great housing but not cheap and not a lot of power to play around with.
5737  Other / Beginners & Help / Re: What's the hardest thing to understand about Bitcoin for you? on: October 09, 2015, 09:14:43 PM
The hardest part for me was actually kinda recent it was following the Malleability Attacks.  I find it odd someone who has spend a lot of time to craft this getting to know the inner workings would want to hurt bitcoin.   (http://cointelegraph.com/news/115374/the-ongoing-bitcoin-malleability-attack)

It makes me wonder if they are trying to get BTC at a lower price and quick profit.  Or if someone who just does it to get attention like DDOS attacks.

I hope we learn more about the person or persons doing it and their motive.
5738  Other / Beginners & Help / Re: good places to hide paper wallet ? on: October 09, 2015, 09:11:55 PM
I do not think you are understanding what i'm saying. I will clarify;

You can use a chip. Sure a rfid chip could work as part of a hardware wallet thing, not on its own because anyone can read the passive reading on the chip, for a spending wallet in your everyday usage OR you can seal in a sealed capsule, the size of a grain of rice, an encrypted hash, that no one knows whats on it. Not the doctor, not anyone.

Its totally hardcore, and i would not to it, but, unless you have made it known that you own millions of dollars in BTC' in which case it does not matter where you hide it, criminal could extort you, its just as secure as hiding it in your socks. Or more Wink

Yea but i mean doing the whole thing is so odd that it definitely raises suspicion what you want to hide in there.

People dont just put chips in their body for no reason, so if somebody does that that somebody surely hides something important there, so they will try to steal that.

Chips are not a real solution.  The problem is security look into RFID.  Some were considered secure look down the road 10 years you can get a cloner pretty cheap and copy some that once were considered secure.  So thinking your holdings is safe when it's sending out even a passive signal is not really good.   

Also you would beep with metal in every metal detector.  Imagine wanting to fly somewhere and they find metal in your arm injected.  You would have a horrible time traveling. 

A cold wallet such as paper will  remain king as long as it's done right.  Get a safty deposit box at bank (assuming you live in a country you can trust goverment, if your country has a horrible bond rating likely don't go for this option).   And like ive suggested before you can camo it where you don't have BTC on the paper wallet and likely no thief would even mess with it.
5739  Bitcoin / Hardware / Re: ANTMINER C1 Discussion and Support Thread on: October 09, 2015, 09:01:46 PM
We need another watercooled miner. The C1 is so quiet and stable. 69 days uptime and temperature super low.

I don't see them going into another watercooling machine.  I think they enjoy it being much simpler with air from fans.  That sucks for those fans of wattercooling.

But I predict mods of new gear is only water cooling we will see with BM gear.   And another part is it's easy to put in thier farms for burn in on fan unit's.  Water cooling is going to take them more time and have to worry about liquid.
5740  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: October 09, 2015, 08:56:14 PM
Still no word on my 4 units...

Ordered 8/30 @16:47, payment confirmed 9/1 @ 10:54.

Will be asking for a full refund and to send the power supplies back,
If I get refunded but hung with the power supplies I will call it a win.

:/

I ordered and paid on Sept. 2nd with BTC. My account on bitmaintech.com still shows the order as unshipped, but it is definitely shipped out. The only reason I know this, is that UPS called me to set up brokerage to import into Canada. They provided me with the tracking number at the same time. It's very possible that your order is already shipped also, especially since yours was paid a day before mine.

Update:

I was able to paste my order ID from Bitmain into the UPS track by reference interface and see that I have 4 units scheduled to arrive on Monday, currently sitting in Osaka.

I am somewhat lackluster about this, I hope that 4.86 miners are on the way, will give the benefit of the doubt until they show up on Monday.

Not particularly thrilled about having to manually dig for my status.  It sure would have been nice of them to send us shipment and tracking information.  Especially since my order has shown as 'shipped' since 09/02 when they sent the power supplies (another item they could spend some time or BTC to develop a software fix for (partial orders)).  Never have I dealt with a company on a >$5k USD transaction that has been so unresponsive, and Bitmain has been much better about this in the past, which is somewhat foreboding.

Will report back once the miners arrive and are setup.

Given that I ordered on Day1, don't have HW yet, suspect that it will under-perform, said HW is already selling for $1k less than I paid, and delivery is at the EXTREME outside of the window...

I am not as excited as I was on 'Day 1' :\


I think they likely went into a frenzy of shipping.  I don't see them wanting to give compensation for it.   So likely they were more worried about getting it out then having tracking working on clicking.  They can fix tracking on monday, they cant fix it being late monday.

I am still interested to see come next week I suspect there are still some who don't get it.  I want to know what they consider fair compensation.  Will be an interesting week.
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