dear lord those are two 85 grand pizzas  we are nothing without our legends... |
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* sigh * well, no such thing as bad publicity... |
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The question then becomes for me, as a "new guy", do I spend the money buying coins, or buying the hardware... I have a decent PC rig already, minus the video card... was going to do dual 5870's or a single 5970.
I'd say go with the cheaper cards 5850 or 5870 and spend the rest buying bitcoins. But you'll probably be even better off spending all on coins. Expect difficulty to go way up due to the higher price. I think most of the miners who only started the last few months regret not having bought bitcoins with the money instead... You have to do the math yourself for your situation - if you do, consider difficulty increases of at least 30% every ~11 days and don't count on being able to sell your used mining gear in case Bitcoin crashes completely - you'd be one of very many trying to do so. Having said that, welcome to the community and I wish you the best of luck! Awesome, thanks for the input. Although looking at the next expected difficulty, I think BTC is a bit overvalued at the moment... looks like there's sort of a craze yesterday and today. I think it will settle in around $15 or so in the next couple of days, which is in line with the last 55% difficulty and the upcoming ~25% difficulty. I was thinking about the difficulty as far as buying cards, and yes, blocks will be harder to find, but I think the price will balance it out... not much difference finding 50 BTC @ $8 and "only" finding $25 @ $16. I think you have the right idea though... if I get the cards and the coins I'm covered both ways. I'm an IT guy and leave my computer on 24/7 anyhow, so it shouldn't be a huge difference for the video cards added in. The video card I have now is pumping out 28 Mh/s lol. So pretty much anything would be an improvement. As far as you guys with the post apocalyptic stuff, BTC is going to be useless if nobody has electricity or internet anymore, if you're hiding in your backyard bunkers  Food, medicine, and ammunition will be the currency, in that order. not the people on this forum - we're all traders and speculators. Food, medicine, and ammunition will be the currency, in that order. i think we'd all be going with chocolate, whiskey, toilet paper, tampons, perfume and coffee. i expect you're right about a correction though. i'm thinking $13-15 for a low, lasting a week or so. big deal. 20 is the new 10... |
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Satelits are to vulnerable to attacks. 3 kg of trash dispersed in satelit orbit are enough to bring him down.
i have maintained for thirty years - and still believe - that the first, private, space billionaire will be the person who figures out how to cost-effectively clear orbit of all the garbage and debris. |
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Thanks for getting back to me. I really appreciate it.
I overclocked my ATI video card a little. Worked great. MSI Afterburner works just fine in windows, allows me to pump it up a little.
However, when I boot the machine into Linux, AMDoverdrive opens and freezes there. I dont know what ATIconfig is. Is it in the linuxcoin distro, do you know.
Thanks again for your help.
aticonfig is the command-line utility that's installed when you install the Catalyst control center. type: aticonfig --help from any terminal. |
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nice.
what is this please: "hyip industry"?
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congratulations!
and all the best.
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[/quote]
Yes, he actually has :-)
As I am aware of the dangers of military service even in Switzerland (which hasn't been involved in a war for over 180 years - we went completely untouched through two world wars raging around us). I'm not being sent into a battlefield, we're a directional antenna company (telematics) so my personal risk assessment came up with; traffic accidents and heart failure due to high stress as most probable dangers. I am pretty young and in shape so don't consider heart failure very likely, nevertheless, traffic accidents can always happen.
I prepaid the service for one full year and left a note within my bank vault with instructions to access the backups. I'll also include a sheet with the contact details of every file owner (e-mail address and filename/directory). I have dome so already and my parents and my brother are also up to date.
As for every service, I'll already have prepared a last will which explains the existence of the bank vault and where to find the key. From there on, my brother will contact the people on the list and send the files back.
I am a little paranoid for a man of 29 years but I want my personal bitcoins to be inheritable and therefore set-up a this process in case anything should happen to me in the next 4 months. Of ocurse, for the long run, this would have to be professionalised but I consider this secure enough for this amount of time.
[/quote]
seems reasonable.
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Sure, of course I understand this. That's why I'd never accept an unencrypted wallet.dat. However, if someone sends me an encrypted walltet.dat where he chose a secure password there's no way in hell I'll ever be able to crack this thing with my current MacBook pro, ever! I advise anyone considering my offer to use a secure encryption algorithm such as AES/Serpent/Twofish or any other that offers at least 256bit encryption and a random generated password with at least 20 characters. A good online password generator for example is: http://strongpasswordgenerator.com/. Such passwords are very hard to retain in memory but pretty unbreakable in practice. Taking these necessary precautions, it's completely impossible for me to get to the original wallet.dat, I'm not the NSA ;-) So in practice, you don't have to trust me but your encryption software and the freely available open-source Truecrypt works like a charm :-) and yes, I just signed-up but did not post a lot as I was pretty busy the last days. I am looking forward to post more when I have time and also establish some community trust. I appreciate your comment and hope to have addresses your concerns? Why trust you and not simply trust gmail? good point. also... if gmail is sent to a battlefield, it can't be killed. has the OP given any thought to the difficulties of using an account that would not be kept up (i.e., paid for) in the event of his untimely demise? |
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Apple won't allow bitcoin apps until they can take 30% of the revenue transferred through such an app. The choice is easy.
+1 i have a tremendous amount of respect and admiration for steve jobs - he's probably the finest marketer of the past 50 years, and a geek extraordinaire. he's changed the world. that said, i would never buy a mac product. there's too little freedom to them. i want no walled gardens - no matter how enticing or reliable they might be. my home is a linux shop. as are all my miners, servers, and etc. i like having to depend on my own ability and knowledge. and i see no reason to have to pay outrageous sums for somebody else's. |
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i think the pool owners have the best incentive of all to protect and decentralize their pools - their continued profits.
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Would it be possible create a constellation of satellites hosting webservers with some sort of wireless connection to the rest of the Internet, assembled and launched in international waters, so that you could host anything and be immune to any law enforcement entity (short of military action against the satellites)?
You'd save on cooling! umm... no. cooling is very expensive in the vacuum of orbit. no heat transfer to passing air - only (expensive - that is, when considering launch costs, heavy) radiative cooling works. and the radiative heating from the sun is quite high. |
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You are forgetting that for criminal prosecution the standard of proof is "beyond reasonable doubt" and all the evidence must be collected lawfully, while in civil cases the standard of proof is "on balance of probabilities".
A bold scammer, even if guilty as hell, could theoretically bring up a legal action in court and win, while getting away scoff free. Particularly, given that it might turn out that during collecting the evidence the vigilanties have committed a few offences/felonies themselves.
This is exactly why I made a few posts suggesting to pipe down on vigilantism.
actually vladimir, the expression is "scott free" - not 'scoff free', if you don't mind. it has an interesting history - especially given this forum and the context of Bitcoin - originally being (from the scandanavian) 'scot' (i.e., tax) free. imagine that. US-centric folks will tell you it had something to do with the Dred Scott matter (a series of legal decisions contributory to the US Civil War), but no, it didn't. http://www.phrases.org.uk/meanings/scot%20free.html |
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Android is "open" sure... to carriers. Carriers then close it up and assume control over it. How many Android users do you know that would like to get the latest version but can't because their carrier hasn't supplied an update? How many of them needed to root their phones to get them to do what they want? And how is that any different than iPhone jailbreaking? There is the exception of the Nexus One, but that's hardly a blip on the radar.
Don't get me wrong; I agree that Android is more suitable than an iDevice, but the difference isn't as big as most would like to believe.
Disclaimer: I own an iPhone 3GS, but I wouldn't have bought it if I couldn't jailbreak it. On its own it's way too limiting.
if you buy your phone direct (for example, from here: http://www.totobay.com/ ) those problems all go away. i use a tablet i bought from totobay, with a 3G dongle. |
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sex.
mutual lust is not forced. but i don't believe the data is at all supportive of the idea that 'reason' enters into it even a little. in fact, the most common conclusion by those who study love, sex, and lust professionally, is that it is its own particular form of insanity. chemically-induced, apparently.
and then the argument could be made that civilization exists for the protection and nurture of the offspring of that lust. but we'll save that for another day.
Unless you think that lust leads inevitably to sex. Erm... no. There are plenty of women I find attractive. Somehow I manage not to ravage them. Reason is a perfectly workable override for lust. RTFA. mutual lust... [and the conclusions which follow only from that] |
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26000 khash\s is slow isn't it? It's not even worth trying to make Bitcoins, correct?
at that hash rate, you will get (mining in a pool - solo is out of the question, obviously) one Bitcoin every 17 days. that's running 24/7; with your mining program set to max, so that your computer will be essentially unusable. if it's an old 'puter, and you have another, and you're not paying for electricity...? |
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you can - but you're better off keeping them separate.
your savings wallet should be far away, and on an encrypted partition.
if you keep the two together, they are each as vulnerable as the other. i don't mind having a 5-10 BTC wallet on my phone or on my day-to-day computer, exposed to the 'net. but my savings wallet? nope.
Understood. Then my real question would be: how do I create a new wallet to be used with the same client? Thanks for your time. nope - you want two wallets. that is, two separate clients. preferably running on two different machines. after you've got this down: https://en.bitcoin.it/wiki/Securing_your_wallet...go here, for the good stuff: http://forum.bitcoin.org/index.php?topic=5194.0 |
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you can - but you're better off keeping them separate.
your savings wallet should be far away, and on an encrypted partition.
if you keep the two together, they are each as vulnerable as the other. i don't mind having a 5-10 BTC wallet on my phone or on my day-to-day computer, exposed to the 'net. but my savings wallet? nope.
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no. see... that's not how it works.
you've already acknowledged that i am correct ("While I acknowledge this...").
me: "i'd like to buy that fine looking loaf of bread you have there, for my 0.3 Bitcoin."
you: "sure - here y'go."
me: "thank you very much."
you: "no - wait! you can't leave until you prove to me that i've made a good deal."
me: "sure i can."
*
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The reason I use Bitcoin is that I recently learned that murderers and thieves (hundreds or more!) use dollars. My conscience requires I stop using dollars and use only Bitcoin.
hmmm... i wonder if the Pastafarians take Bitcoin? that's what we need! a religion! think of all the legal advantages, yes? and it's easier to take one over than to create a new one... |
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