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Most Online Today: 4856. Most Online Ever: 4856 (Today at 08:23:06 PM)
I think the 2011 stood for almost 2 years.
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I had some ideas about a true CPU friendly- GPU hardened coin that would adjust as both hash rate and GPU technology evolved.
It involves using a radically different type of difficulty adjustment system that I do not believe has been seen before.
CPU friendly, so the large botnets can easily attack it, right? |
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The larger the prime gets, the greater distance you would have between blocks. This week, it might be an hour next week, a day or two. In a month you may not see a block for a month.
If you increase the payout accordingly it could still be worth it though, right? Huh? Each block in bitcoin and most alt chains that I am aware of, place transactions into a block. A block happens in BTC, every 10 minutes. In prime coin, blocks could be months apart... what do you do with all of the transactions? Another good point is who confirms them? Look at the GIMPS project http://www.mersenne.org/They are excited if they find one mersenne prime a year... and they have tons of people contributing power to the project. Although not as big as Bitcoin, it takes a long time. And then it takes a day or two to verify. SHA256 is different for proof of work. It is VERY hard for me to find the next block by myself. Without ASICs pretty much impossible. However, on a tiny little Intel Atom, I can verify every single block in the block chain, processing hundreds of blocks per minute. You can't do the same with very large prime numbers. |
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The larger the prime gets, the greater distance you would have between blocks. This week, it might be an hour next week, a day or two. In a month you may not see a block for a month.
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This is taking a little longer than I thought because people are emailing me about orders that were not added by dave to the original spread sheet.
Which is a reason you've ignored my requests for you to post the list publicly. Because not only are there some orders you didn't know about, there are many probably on your list that aren't complaining. So you don't need to pay them back unless they start fussing. Do the honest thing dishonestly. You'll get there I'm sure. |
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Price?
At the top, $9 USD Price (always current) |
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A new whale appears? 12zHnb8nBQL3bDcWt69MhnRrthZUGFpikf
For those too lazy to dig:
First Bet | Last Bet | bets | winnings | profit
---------------------+---------------------+---------------+---------------+--------------
2013-03-28 19:11:46 | 2013-03-29 11:20:48 | 2394.00000000 | 2757.05458660 | 363.05458660
Ahh the conspiracy theories now. Was the whale trying to make a profit for SD for the end of the month to bring shares up? Was the whale trying to score a couple of big wins to bring SD shares to their knees? Got to love the whales. Almost as much as mystery miners or the manipulator! |
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I would highly suggest that you keep the testnet setting in the config.py and configure your bitcoind to use testnet and mine a few blocks there to make sure your setup is working before you swap it over to the real network.
That's why testnet exists.
A very good suggestion. With the testnet difficulty and an avalon you can mine a hundred blocks in less than an hour. |
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Do a search on google for
transaction spam "proof of work" site:bitcointalk.org
That would probably be easier than the forums search feature. Some of the people involved with bitpay will have a discussion earlier than that thread in 2011, and it went easily back into 2010.
The resolution usually ends up being: There are better ways.
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Why only AT&T
Because that is the unlock server that I have access to and can get the iPhone's unlocked on. |
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do you think you can make a image of the install  or a vitrual m donation for the image will be made i second that. Yeah... I'll make you an image with no back doors or ways to steal all of your coins... Just use a pool if you can't follow his easy to use step by step instructions. the problem is, many of us don't use linux, ok? i'd trust Jeff to make an image. The problem if you don't know how to use linux and follow the basic steps that are already in this post, are... well, how would you then run the pool? Even just for yourself? At the very minimum, you would need to go in and delete the bitcoin wallet, because if Jeff made one obviously he wouldn't duplicate his own wallet into the image, it would be empty or a generic one. Are you comfortable doing that in linux? What about all of the SQL related stuff? Troubleshooting? It seems like to me, if you don't know linux, you shouldn't run this pool. If you have one avalon, join an existing pool. If you have 3 avalons, run each of them solo. There will be variation but with the extra power, on average you'll still be able to pull some blocks down and with less variance than a single machine. If you want to operate a public pool and do not know linux... then my arguments, well... just please don't. |
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reserved.
Halfway down page 66? |
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Holy crap... they have $1000 in coins, and they spend $300 to send $700... yikes.
Transactions larger than 100K are non-standard now, so I doubt the big transaction was ever broadcast. Almost certainly the transaction belonged to the miner, and they paid the fees to themself. Thanks, that's interesting to know. |
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Total Input 10.73468425 BTC
Total Output 7.23218425 BTC
Fees 3.5025 BTC
Estimated BTC Transacted 7.23218425 BTC Holy crap... they have $1000 in coins, and they spend $300 to send $700... yikes. |
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do you think you can make a image of the install or a vitrual m donation for the image will be made i second that. Yeah... I'll make you an image with no back doors or ways to steal all of your coins... Just use a pool if you can't follow his easy to use step by step instructions. |
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Just saw bits and pieces of a conversation josh was having on bfl forum about the problem they are having about power being too much and heat problems i guess.
Said they will be putting up a video of a working unit soon - implied tomorrow but didnt see the actual shout.
I saw a thing where josh said if they missing their power target they would donate 1000 BTC to charity.. I only say this because i run an animal rescue group and would love to be the recipient of this...
The statement about power being too much is vague. It's using too much power? Or they are giving it too much power? Sounds like it is using too much power and they can't get enough hashing based on the statement he posted: We've been tracking down a power issue these last few days and have it isolated to a few key systems. In the interest of time, we are planning on potentially scaling back units hashing speed as required to accommodate the extra power and shipping multiple units to those that want their units right now. If would would prefer to wait for a unit after we've made some changes to the systems that need a bit of tweaking, we will be happy to put your shipment on hold. It would be nice for him to spell check before announcements. It would also be nice to have some proof that these developments are truthful which still isn't clear. Too bad he doesn't have a smart phone to post a video. I don't know about you, but on the Samsung Note II, I click the camera. Switch it to video, click record. When I'm done, I click the share button and upload it to my youtube account. Outside of the actual video taking it takes a whole 30 extra seconds. Obviously since he didn't have time to spell check, he wouldn't have thirty seconds to upload a video of the vaporware. Better pretend things are working so that people stop asking for refunds. This thread is probably hurting their preorders. |
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I was trolling. As many know I always said this stock was priced too high and the only way to get a profit was to find a greater fool.
Sorry, didn't know |
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I remember when ~bitcoinnv mentioned BFL to some govt agency as an out-of-band sidenote to his ~pirateat40 scam investigation. Now that brought out the pitchforks. ~inaba himself went completely ape, but there was widespread scorn from all corners including, iirc, several persons who are linked to bitcointalk.org. To bad my tax dollars didn't go to work against BFL back at that time (around half a year ago I believe) since it would have saved a lot of noobs a lot of tears and saved Bitcoin itself yet another black eye. Yeah, he was the first reply in my thread and long before I was just asking for info about who had or hadn't. It's been mentioned in this thread, wondering why BFL has such a golden ticket to do whatever they want to on bitcointalk. Because they are paying lots in advertising fees? |
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Why is the price dropping so much? The dividend from the last two months decreased but not by that much
Because there will be no profits this month, which means no dividends. Price will probably fall below .003 where can we follow current monthly profit/loss? Dooglus usually does daily updates here: https://bitcointalk.org/index.php?topic=80312.1080Even though the month is flat, we're still above the statistically expected profit overall, so we might be in for a few more flat months. good time to sell stock? Good time to sell was when the price was double almost triple what it is now. Now you start to wonder when a good time to pick some more back up or is the bubble still popping? |
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