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61  Bitcoin / Mining / Re: Are ASICs an invitation to centralization of Bitcoin or not? on: July 17, 2013, 10:21:05 PM
It seems to me GPUs will effectively make AMD into a federal reserve cartel of Bitcoin.  There is only one fab for making these devices which makes the concept of one CPU one vote less practical.
62  Economy / Goods / [WTS] BFL chip codes on: July 10, 2013, 10:18:00 PM
88 chips codes (32 + 56 from separate accounts). PM offers. Or post pointers to reputable buyers who are interested.
63  Other / Archival / Re: btt on: July 04, 2013, 02:02:41 AM
So what is the next step for BM - are we waiting for ASICs of some description (sorry, tl;dr and trying to get up to speed).

Hi runam0k. We have our paid for 4 module batch 3 in the pipeline. I understand that batch 2 is approximately 90% shipped, so it shouldn't be too much longer. I've also been shopping around for an additional 2nd hand rig, but haven't had much luck finding another with a price tag that makes sense.

Cheers.

What about KNC Mercury? Too much risk?

Hi JimiQ84. Last I'd heard they were aiming for October delivery correct? The mercury is certainly attractively priced. I need to brush up on knc's progress.

Cheers.



This is the last I heard too for the Mercury. I have just starting looking at them a bit more seriously, myself. Mainly because the Mercury finally brings them down to a more acceptable risk for me. Everything seems in order (pending the email I sent to Kennemar & Cole) but based on everything I have read, I somehow doubt they will be able to deliver the claimed power efficiency with ORSoC. That said, everything I am making my judgements on is hearsay. There is potential for another BFL fiasco.

For the sake of diversification, what is your reasoning for not ordering a BFL and what would be your reasoning be for not ordering KNC, assuming you decide not to? The same goes for the Open source Avalon designs and the other manufacturers. Essentially, as a shareholder, I am interested in what you are actively looking at and what you are rejecting, considering and moving forward with. I was really glad to see your acquisition of Avalon miners followed by an appropriate increase in market share price and dividends. What I thought would turn into a stale investment after the bASIC fiasco has started to become a valuable asset.
64  Bitcoin / Hardware / Re: [VMC] Virtual Mining Corporation Discussion on: June 28, 2013, 12:13:37 AM

Just moving into our facility, PM me in a couple of weeks, everything should be set up by then.

Moved in yet? Did he ever PM you?
65  Bitcoin / Group buys / Re: [Group Buy] BFL ASICs, + Board Design Underway. on: June 26, 2013, 02:47:50 AM
I am interested. I have some chip credits I wish to potentially use. Avalon chips are already my self-assembly challenge and especially considering the BGA, I have no interest in assembling miners myself with their chips.
66  Bitcoin / Hardware / Re: [Annoucement] Avalon ASIC chip distribution through www.asic-chips.com on: June 23, 2013, 01:54:16 AM
Wait, you are offering $17.50/ chip if I buy 100 chips but Terrahash is offering $15.13/ chip including assembly and components? And this is their lowest end model. When are you going to lower your prices?
67  Alternate cryptocurrencies / Altcoin Discussion / Re: [GIVEAWAY] DividendRippler.com Beta Testing on: June 21, 2013, 12:30:43 AM
Well, assuming I've got everything set up properly:

rUwiQgNJ6jjP4pHNur7LitvzLxyck9Ux2b

So one month later... did this offer seriously expire 2-4 days before I posted? Or did I set it up wrong?
68  Bitcoin / Hardware / Re: Low Watt Miners GH/BTC, ROI [Updated June 19] on: June 19, 2013, 09:55:39 PM
the Terrahash "4.5GH/sec" will do 90000MH/s (aka 90GH/s)


...

wat
69  Bitcoin / Mining / Re: is ASICMiner an 51 % Threat ? on: June 15, 2013, 05:50:34 PM
What would they do with >50%? If anyone were to achieve >50%, I would hope for it to be ASICminer. Because I can't see any benefit for them to do anything malicious. So I wouldn't consider it a 51% "threat"

Don't get me wrong, having anyone at that point is a bit dangerous but it could be way worse.
70  Bitcoin / Hardware / Re: [Annoucement] Avalon ASIC chip distribution through www.asic-chips.com on: June 15, 2013, 01:27:31 AM
Watching this. Paying USD for these is my preference and there's where you can provide.
71  Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary on: June 13, 2013, 01:19:09 AM
On the K1 preliminary parts list, you list SL02-GS08, which is a 1.1A, 20V part but in the value section, you list it as 1A, 30V.
Was this a mistype or did you accidentally indicate the wrong part?
That's the right part. I just copied the current value inaccurately as it's just a guide in the parts list.
That part isn't strictly required and is there to improve efficiency (according to the datasheet, which I haven't tested yet).


Thanks! I'm just putting together a preliminary parts list.
72  Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary on: June 13, 2013, 12:17:07 AM
On the K1 preliminary parts list, you list SL02-GS08, which is a 1.1A, 20V part but in the value section, you list it as 1A, 30V.
Was this a mistype or did you accidentally indicate the wrong part?
73  Bitcoin / Mining / Re: A case study in entry-level mining on: June 10, 2013, 11:12:31 PM
This will make an interesting read 5-10 years from now.
74  Alternate cryptocurrencies / Altcoin Discussion / Re: How much is my 40k Ripple worth? on: June 10, 2013, 11:09:27 PM
xrp are not suppose to be traded like another pump-dump alt coin.

it suppose to be used as the transaction fee's for the ripple developers.

so the true question and answer is
Q: How much is my 40k Ripple worth?
A: 40k transactions

at_least try learning what these services are intended to be used for

If you have to tell someone how they "should" think about how they use something because they are using it the "wrong" way, then the system is obviously flawed and badly designed for the intended purpose.
75  Bitcoin / Mining / Re: So long and thanks for all the fish on: June 10, 2013, 02:34:23 AM
I don't quite understand. You find mining doesn't work for you so you quit the Bitcoin scene altogether?
76  Bitcoin / Mining speculation / Re: 166667 avalon chips to absolutley dominate bitcoin network on: May 31, 2013, 04:39:03 AM
I know that  this won't happen 'couse doing this for an asic chips manufacturer is like blowing up the goldmine but think a bit.
If 1 avalon chip is 300 mhash and total network hashrate is 100000ghash for now they need just 170k chips running to absolutely dominate bitcoin network.
Considering 1 chip 0.085btc (and of course net cost is MUCH less) one asic manufacturer would need just ~1 million dollars and asic chip factory to do whatever they want with bitcoin.
I know that in practice that won't gonna happen(nobody wants to blow the goldmine right ?) but don't you think that even hypothetical opportunity of such an easy scam should lead us to conclusion that sha256 is not good enough to provide appropriate network decentralization.


You also misused the word "scam"
77  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTB] 1btc= 7000XRP Be payed the right price - Immediate payment on: May 23, 2013, 12:20:21 AM
I'm getting very annoyed by ppl pm me "hi, i wanna buy your xrp". Stop it.

Me too this should stop.  Cheesy

Says the guy who PMs me (and others "(Undisclosed recipients)") not 30 minutes earlier trying to get 9000XRP/BTC.
78  Bitcoin / Mining support / p2pool - getblock latency on: May 19, 2013, 05:39:42 AM
I have a problem with p2pool. It started a few days ago. I'm looking for some help.

Changes:
  • added p2pool and litecoin in addition (reverted this change)
  • rebooted the computer (didn't install windows updates

Specs:
  • 1.9 AMD dual core, 3GB ram, Vertex 3 SSD, windows 7, QT 8.1, p2pool 11.4

Problem:
  • restarted machine
  • ran p2pool litecoin and bitcoin
  • Getblock latency at 10-15 seconds and bitcoin-qt unresponsive. At this point, I stopped using the litecoin node and client
  • restarted computer
  • Now for the past hour, getblock latency has gone from <1s to 10s, increasing DOAs - after I finished this post, it is now at 12 seconds.
  • Everything is now as it used to be before but getblock latency is still massive and bitcoin-qt is slow to respond.
  • restarting p2pool does not reduce the latency but restarting bitcoin does - but then it creeps up for an hour or 2 to 10-15s
  • My CPU usage graph looks like a sine wave with an extended top . It is mostly bitcoin-qt with a bit of run_p2pool.exe
  • I've not had problems like this before with this exact setup.

trying a bitcoind rescan. not sure if it will help. - it didn't make a difference.

Reserved for answering questions asked by further posters:

Thanks in advance.
79  Other / CPU/GPU Bitcoin mining hardware / P2pool Node: dedicated setup - BTC, LTC etc. on: May 19, 2013, 05:16:44 AM
*I put this in hardware, but it also deals with software and mostly p2pool*

I've recently been working on a p2pool node. For the past 4-5 months, I've been running a node for myself which ended up being for myself and a friend. This might expand a bit more too.

The setup has been a dedicated older HP touchsmart tx2500 with a QL-60 at 1.9GHz, 3GB of ram and a 60GB vertex 2. I was hoping to reduce getblock latency with the SSD but it didn't help that much - still under a second though. Running windows 7 because I already had it on there. It is wired. My connection is a 30up/2down.

So recently I tried adding litecoin support. I successfully got the node set up and everything was running fine. Except for some reason the getblock latency for bitcoind shot up above 10 seconds and bitcoin-qt interface became unusable. So for now I've had to remove litecoin support.


Which brings me to the purpose of this thread, which is twofold.

1. I'm looking to set up a dedicated p2pool server that will start out supporting Bitcoin and Litecoin and perhaps add some alt-coins later. So I would like some suggestions from those of the community more familiar with p2pool.

What I am considering (please respond and comment):
  • I want this machine to be cost-effective. I'm looking to spend under $500 total for sure but lower is better.
  • AMD A4-5300 for $50. Enough cpu muscle?
  • I will be running Linux. Likely Fedora Core. Filesystem recommendations, anyone?
  • I intend to use a WD Black 1TB drive as a compromise between price, performance and capacity for the bitcoin blockchain over the next few years.
  • 8GB of ram
  • There are two possibilities. 1) Everything on the host. 2) Run each node inside a separate VM.  Suggestions?


2. Some questions for those more familiar with p2pool than myself:

  • Could the getblock latency I am getting be related to my CPU at all (1.9GHz AMD dual)? It starts out low, but often can hit as high as 5 seconds, normally. There are large spikes but not much constant cpu usage (graph ends up looking like a messy sine wave).
  • Does anyone else have any suggestions as to why my getblock latency is so high?


Additional information as requested by users in this thread:

Thanks in advance. If I add more questions, I will change them to a different colour so you know they are new.
80  Alternate cryptocurrencies / Altcoin Discussion / Re: NVC giveaway !!! Trade it, use it, enjoy it. Only 2nd after BTC by price on: May 19, 2013, 01:56:38 AM
Novacoins are indeed one of the few coins missing completely from my collection:
4E6pKnrSnVdX9hJMDrjbiMyfnEDP4TKDYK
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