Do I get anything from joining?

If I join DullJack's pool I get 25% of the commision.

http://forum.bitcoin.org/index.php?topic=23663.msg333589#msg333589

The pool died after you announced removal of all rewards from people who joined after 28.6

That was the only reason why anyone joined in the first place.

Yes, even a sizable pool like Ars could collapse due to extremities in variance. There is a certain threshold of losses that the average miner is willing to absorb in the short term.
A 20+ million share round (-1250% pool luck at 1.6m difficulty) & ongoing would definitely make anyone with significant capacity move to another pool.

Unfortunately, at this difficulty, variance is already making small mining too volatile (20ghash and below) in pools and solo.

Hate to sound like a pessimist, but I don't think small startups like BTCpool24.com are ever going to find their first block despite already having over a million shares. Unless the few people left get phenomenally lucky.
Even if the block is found some day, the earnings per miner will be a minuscule portion of what they would have earned at a low variance pool like slush or deepbit.

Why would the hacker not divert the legit blocks being mined with 5000ghash/s to himself instead?
You have zero risk

(no initial purchase of 500BTC or need to fork the blockchain, people are still being shown they get paid so they continue mining, and you get about 6-10 solved blocks worth of BTC within 2 hours)

After the attack you have BTC from the 'normal' blockchain and you can launder them & sell for cash. Much less effort

Your original 500 BTC wont be much good after the price of bitcoin collapses
when the biggest pool is known to be used in a forging attack against the blockchain.

Which hacker with such skills will really ruin the entire economy for a few thousand bucks?

Cigarettes already cost 4.40€ per pack of 20 in many EU countries which is about $6.5.
So in that sense it's nothing shocking.

Then again, gas also costs about 1.5 to 1.7€ per litre, which is 6.8€ per gallon ($9.7).

Haven't followed american politics lately, but I'm pretty sure $10/gallon gas would start a violent revolution in the US.
In Europe it's the normal state of affairs.

Life aint cheap in Europe...

Bitcoins came out 2 years ago.
Paper money has been around for about 2,000 years since imperial China and gold even longer.

I think the currency is doing pretty well considering it's barely even began circulation and usage.

You can always reach appdata fast by going to start menu, then writing %appdata% in the field.
It will open the folder automatically.

He's right, they only come with older cards. I got a bunch with 5830's, but never with anything more recent than those.
Even then it's manufacturer specific. Diamond could give two, Club3d/sapphire one, and others either one or nothing.

Newer cards just have 2x6pin to 8-pin adapters.

You could see if Cablesaurus sells them, though.

Tell the admins to edit the front page then.

Heatgun says 78.2

1. Send contaminated coins with long history to online btc wallet service (OBWS).
2. Create a 1-time Mt. Gox wallet by logging in the deposit page
3. Use 1-time Mt. Gox wallet as the withdrawal address on OBWS
4. You have anonymous bitcoins in your Mt. Gox balance that appear to originate from OBWS with a completely random history.

Or if you want a 1-step program:

1. Mint your own, unused fresh coins by mining. No history, no way of knowing who 'created' them.

Why would you pay $20 a piece when they run for $15.2 at PayPal Bitmarket? To get "involved with the community"?

Tycho earns thousands of dollars per day legit by running the pool.

Why risk ruining a good business?
He's even proposed countermeasures & paid bounties for people to monitor him and nobody took up the challenge.

That's the most obvious solution. Looked into it the first time this occurred.

Of course, it just happens the 6990 is the only graphics card in existence with no aftermarket coolers available. Sure there's some ref. waterblocks, but no custom air coolers.


Well the 6990 is the first card with two separate heatsinks with vapor chambers beneath.
Here are the schematics

If you create a new encrypted wallet & address, I could send you 0.3btc. I have loads just sitting there.

Remember to reformat completely & preferably keep the wallet file safe in an external location like an encr. USB drive or CD.

That's a fine design. Looking forwards to seeing it in a tangible form
(like the resin bitcoins posted earlier)

I'm thinking 6990 fans will probably break prematurely due to mining, given that they pretty much have to be run at past 70% (or up to 100% in a home op). At 60% the temp skyrockets.

So far nothing though, but I wont be surprised when they slow down or stop spinning.

Just wrote that in the post you quoted. Maybe you should read.

Nobody said it's a ponzi. It's not.
As CNMOH pointed out it does have characteristics typical to a pyramid scheme though.


Triplemining is not tiered. Only the direct referrer gets anything.
Tier 2 and below refs don't earn you any income despite being in your downline. Are you sure you even understand how your own pool works?


I get about $140 per day mining currently at 15ghash, give or take because the price keeps swinging.
If you take a look at most small pool stats you'll notice my username in many of them. Giving everything a fair chance.

Nothing against this pool or it's owner. The discussion is about the idea behind triplemining being a pyramid (yes) or a ponzi (not).


Even if it's a pyramid at some level it doesn't mean the owner is doing anything wrong.
It's one business model among others. Nobody is forcing anyone to join. Some people like pyramids and some don't.


I hope everyone doesn't start stealing bandwidth and images from other people's photobucket accounts, or there wont be any free image sharing to begin with.
Though I'm sure a born parasite such as yourself doesn't find anything wrong in "piggybacking a little traffic from a fellow miner".

No, they aren't. You're right.
But certain countries have an unacceptable history of internet fraud (statistically).  So most online retailers block them from purchasing anything

(Romania, Nigeria, Pakistan, Zimbabwe, Ukraine, Bangladesh)

If any of these countries started using bitcoins for their online purchases, everyone would ship there. Since bitcoins can't be reversed in any possible way, the seller is 100% protected against fraud,
and scammers are unlikely to purchase anything because they realize they can't cheat the seller.