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601  Other / Off-topic / Re: ACTUAL Butterfly Labs PCB pics! on: October 21, 2012, 09:48:57 PM
I wonder what the ARM place holder is for ? how could an ARM chip benefit the board ?

Add a network jack and some ram and you'd be able to have a low power standalone miner --- maybe?
602  Other / Politics & Society / Re: Question for the "anarchists" in the crowd. on: October 21, 2012, 05:22:25 AM
Since it's anarchy, then someone could have just go ahead and killed her.

Exactly right. Without the rule of law the average citizen must resort to violence as the final arbitrator of all disputes


False. People can arbitrate without a government and/or violence.

Read it again I said 'final' meaning when all other arbitration fails.
603  Other / Politics & Society / Re: Will E-Voting Machines Owned by His Buddies Give Mitt Romney the White House? on: October 21, 2012, 05:05:30 AM
Only if enough dead democrats fail to vote.

 Grin
604  Other / Politics & Society / Re: Question for the "anarchists" in the crowd. on: October 21, 2012, 05:03:14 AM
Since it's anarchy, then someone could have just go ahead and killed her.

Exactly right. Without the rule of law the average citizen must resort to violence as the final arbitrator of all disputes.

605  Bitcoin / Mining software (miners) / Re: Decentralized mining protocol standard: getblocktemplate (ASIC ready!) on: October 21, 2012, 03:46:12 AM
Sigh - another nut-case.

Hate all you want, but it doesn't invalidate anything I've said. The fact remains that certain posters are more interested in trash talking rather than contributing, while others are overworking themselves to try and get this whole bitcoin thing working to the point where we can make it grow into it's potential.
606  Other / Off-topic / Re: The Bitcoin Board Game on: October 21, 2012, 03:35:49 AM
This is cool!

My favourite line in the rules: "One player is 'Satoshi'. He can only win if everybody wins."


I have a first suggestion:
How about playing the game counter-clockwise?




Yes it should be counterclockwise play...

Also - I sort of hate the game board. I get it, it's supposed to be printable. But wouldn't it be nicer as a pentagon or hexagon shaped board that more resembled an typical boardgame? Also I'd like to see some more outlandish events... and some additional players (lets leverage existing personallities and memes into the game) at least we should Put Gavin in it...


607  Other / Off-topic / Re: [FAIL CAPTAIN] Some Facts About Chaang Noi (Goat) ช้างน้อย on: October 21, 2012, 02:00:59 AM
The interesting thing about this post... is I like Goat - he's personable and fun to talk to...

smoothie... not so very much.
608  Other / Off-topic / Re: (with Poll) Who plans on joining the tables at Infiniti Poker? on: October 21, 2012, 01:56:30 AM
I tried out the one of the beta's - software we lackluster to say the least... plan on checking it out again sometime - maybe.
609  Bitcoin / Mining software (miners) / Re: Decentralized mining protocol standard: getblocktemplate (ASIC ready!) on: October 21, 2012, 01:30:01 AM
I do intend to improve BFGMiner's GBT implementation such that it transparently combines pooled and solo mining, at least.
That's cool, but solo mining should not be an option - it should be mandatory. Else the whole project is just another house of cards.
Unfortunately, simply making it mandatory isn't practical. The closest we could come is giving strong incentives for doing so. For example, I intend to set up Eligius in such a way that those who are solo mining in combination can profit more by claiming the fees from transactions they accept over the base set Eligius provides.

Your efforts are noble, but it might be better for you to start working on alt currency, the one with really strong foundation. Let retards like
those 2 above, who despise you, me and anyone else not fitting their utopian views, finish off Bitcoin. Don't waste your time here, seriously.

I really like your prev-post with the graph substrata - you basically said everything I was thinking but couldn't articulate. Thank you for that!

However, I respectfully disagree. We need to encourage people like Luke to stick around, add even more sanity to the development of the network and slowly marginalize those who don't think in the right direction. If you look at the network as a whole, that's already happening. 2 years ago I wasn't here and you'll see more actual computer scientists become involved in development as bitcoin grows.

@Luke - incentives are nice - but I'd settle for having it be the default option - If you don't have time/inclination to build a custom install script to set that all up (when/if it's supported) I'd be happy to create and submit it to you for approval / publication.
610  Bitcoin / Mining software (miners) / Re: Decentralized mining protocol standard: getblocktemplate (ASIC ready!) on: October 20, 2012, 09:24:32 PM
How about adding an extension to GBT that has some kind of mode that sends a "suggested merkle root" for pooled mining?

That's an idea... have to consult with Luke on that.

I also wanted to point out that if we (or someone anyway) doesn't build a scalable solution per pooled mining with an integrated node... then nobody will be able to include it in the POS machines that will eventually be developed, and missing the chance for millions of additional nodes seems sad to me.

611  Bitcoin / Mining / Re: Remote Mining rigs on: October 20, 2012, 08:54:22 PM
Not that I know of - but if you wanted to purchase mining hardware (only accepting asics at this point) - I charge 10% to run it for you.
Why would someone pay you to run their hardware? Especially ASICs, their power consumption is super low.
Some people like what bitcoin represents - are using it as an investment - but don't want to be bothered with the day to day of actually running the equipment.
612  Bitcoin / Mining software (miners) / Re: Decentralized mining protocol standard: getblocktemplate on: October 20, 2012, 06:08:37 AM
The problem with not receiving the transactions is that the miner program must have a full bitcoin connection to the network.

Suddenly mining includes bitcoin network transaction and block processing.

... and anyone with half an inkling of understanding of what that entails can see the issues of having to deal with all the complications that entails and then also the importance of the bitcoin network performance of the miner ... which before this point was zero.

Complication like "staying online" is complicated?

This is so much of a non-issue, it's just silly.

Miners SHOULD be running a node even if they aren't mining on it. Depending on the pool for information that can be pulled from bitcoind isn't smart. Having to trust the pool for transaction and block processing isn't smart either. Those add unneeded complexity to an already overcomplicated system.

In fact I think pools in general come at mining form the wrong direction. You don't need to develop a way to hand out work where you send it to the miner and they report back with the completed work - what you ought to be doing is making work assignment system where each miner generates, validates and submits the work for the pool - while transmitting just the nonce (or even better a nonce range completed) back to the pool.

Every miner would include a msg from them to the pool stating they mined the block. And now you've got decentralized and much lower bandwidth. And you aren't trusting the pool for what it may or may not be doing with your hash rate.

And this is just off the top of my head --- start thinking about 'how it should be' instead of 'how it is right now' --- and start developing in that direction also.


613  Bitcoin / Mining support / Re: Submerge your rigs in liquid on: October 20, 2012, 05:35:51 AM
That's why you cool the oil, there are many different ways you can do it, and off the top of my head..

Hook a heatsink to frigerator coils.
Hook a heatsink that's buried into the ground.
Hook a heatsink thats connected to a pool.


Where I live, you dig 2 feet down and you're at water. A free source of heat dispersion.

Anywhere on earth - at some distance underground you'll hit a stable region (usually around 6 to 10 feet) where you have a temp in the high 60s. No reason you couldn't passive cool an oil system by burying micro tubes. keep your pumps above ground. There are home heating/cooling systems using commercial heat exchange systems for houses... but I'm sure someone could come up with a DIY solution.
614  Bitcoin / Mining / Re: Remote Mining rigs on: October 20, 2012, 05:32:30 AM
I was wondering if there is anywhere that rents remote bitcoin miners, like a VPS or Dedi, but made for mining BTC.

Also, is there something Like Pyramining, but with a faster payoff?

btw, my pyramining ref links
http://pyramining.com/referral/374ysd8ak
http://pyramining.com/referral/dfg2pr9bt

Not that I know of - but if you wanted to purchase mining hardware (only accepting asics at this point) - I charge 10% to run it for you.

615  Bitcoin / Mining / Re: Investor looking for mining partner(s) on: October 20, 2012, 05:27:16 AM
I'd be willing to run it for you. My existing gpu/fpga farm is just over 25gh/s. I've already got about 250gh/s in BFL upgrades ordered. I'm making plans for drop between 20k and 50k on asic rigs once they've started shipping. You can have the same deal I'm doing for everyone parking hardware with me (mostly my extended family).

I'll run it for 10% of whatever it earns - I'd expect you'd want some sort of contract, which is what I'd advise as well. For your 10% you get me managing the mining side of it, handling pools (if needed) keeping everything running and routine cleaning & cooling of the equipment. I'll cover electric (only 11 cent per kwh here). But I'd insist on the right to close up shop and return your hardware if I feel it's unworkable (for whatever reason).





616  Economy / Economics / Re: Why do higher taxes on the rich historically correlate to higher economic growth on: October 20, 2012, 03:59:02 AM
The basic issues I have with taxation is that it isn't fairly done. The secondary issue I have that it put barriers to growth in the worst places.

Why is there any sort of payroll taxes that an employer pays - this builds a barrier to growth into every business. Why does the percentage of income we pay increase (percentage-wise) as we make more money - this puts a barrier against growth.

Ideally we need a flat tax on sales and/or a flat tax on income - junk the payroll taxes entirely - and a flat tax on profit via capital gains.  Get rid of property tax entirely as part of the bargain. Ideally each tax would have the same percentage rate for everyone.

At about 10% we'd see gains on the money that's actually collected while at the same same removing the dis-incentives to business. Then we'd see some massive wealth creating and gdp growth in this country.

617  Economy / Economics / Re: Defaltionary Spiral -- Is there a way to make this workout? (hoarding bitcoins) on: October 20, 2012, 03:33:16 AM

If BTC is the only currency, it will go into deflation spiral, but since there are other fiat currencies, it will just get hoarded without causing too much problem

If some very popular product (like Iphone) only sell to BTC owners and reject payment in USD, that will cause a mass adoption of BTC

This sort of scenario isn't in bitcoins best interest right now... simply because the network won't support the volume needed for that level of transactions. After ASIC release - a the expected development steps to up the transactions per second we should be in the ballpark of being able to handle visa's transaction volume. Then will be the time to push for mainstream adoption by some super-entity...

But there's no reason it has to be a super-entity. I could very well (and imho more likely) be the miners that push/force mainstream adoption. For example: I'm in the process of building some cottages in Northern California (expecting construction to finish summer 2013) that will give large discounts for paying rent in btc. I'm shooting for 15% discount for bitcoin payments. I think I can do that in this location.

Maybe someone else will offer discounts for their fast-food franchises, chain of nail salons and other small business with multiple locations. That alone could push mainstream adoption quite quickly. Imagine the word of mouth advertising, your existing customers would tell everyone "you can get huge discount by paying in bitcoins" and those businesses would grow.

Then (of course) you'd have other business owners asking you "How can you offer such a deep discount?" and you'd get to explain it to them... then we'd see some real growth as it filters out into daily markets as a result.

618  Bitcoin / Mining support / Re: Data limits becoming an issue......any thoughts? on: October 20, 2012, 02:58:43 AM
Having dealt with your situation while playing admin for a med sized business with mobile (back of semi truck) workshops... I feel your pain.

By far the best solution is to just get another 4g plan identical to the one you have now. If your device supports it you can swap sim card every 15 days and stop worrying about it. If not you'd have to just swap each device out every 15 days. Not the most elegant solution but it works - is easy to manage and won't cost you an arm and a leg.

619  Bitcoin / Mining support / Re: Well that blows on: October 20, 2012, 02:51:53 AM
i understand that meebs but if a mining evolution generates say 100k shares then each share is worth a certain amount of the 50 coins earned.   if the evolution generates 10M shares because it was a long ass mining effort to find it, then the shares are worth less, but you will have more of them.   your 'profit' from the coin find will be essentially the same but your shares will not be the same.  that 50 coins split between the shares, each share should be worth more coins per with a short find time.

Aaron

PPS pools function on probability (and depending on how low they set their fee, gambling).  They pay a rate of (1 / Network Difficulty) * 50 BTC * (1 - Pool Fee%).  So the rate you get paid per share on a PPS pool will only change roughly every 2 weeks, when the network difficulty adjusts.  That is why PPS pools charge fees, it is a gamble.  The lower the fee, the more the pool operator's are gambling that they won't hit a run of bad luck.  organofcorti (or was it Meni?) has a writeup about the odds of PPS pools going bankrupt based on fee/how much BTC they've set aside as a buffer.

Yes of course a pure pps pool is more attractive to some miners (lower fees are better) - but the pool takes that fee in exchange for that risk. If they weren't making money they'd shut the pool down. I like pps (especially merged mining pps pools) - since I'm too lazy to speculate with bitcoins and since I don't care about the merged coins I can just let them pile up.

But I actually mine at a pure pps (merged mining) & a pure proportional (load balanced) - with deepbit as a backup incase either of those go down. On a long enough timeline the pps pays the best.

People can talk about luck and mining anywhere, but the larger the pool the less variance over time (although at 1% of network hash rate you'd probably be better off solo mining).
620  Other / CPU/GPU Bitcoin mining hardware / Re: Butterfly Labs responsibility on: October 20, 2012, 02:26:58 AM
There is nothing that makes it their responsibility. It is probably in their best interest, just like any other business based on bitcoin. But it isn't their responsibility to make sure that your decision to buy mining equipment was a good one.


I agree - not their responsibility, but in their best interests. In the networks best interests as well.

Rather than lobbying, I suggest BFL branch out in their design - work with some developers to make a POS device that they can sell cheaply to B&M businesses to accept bitcoins. Heck if they put a jally in each one, they could *give* them away for free and get returns on the mining that the pos machine would do forever.

They've already got the hardware design skills, why not use them to further the adoption.



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