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621  Economy / Securities / Re: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales on: July 16, 2013, 05:19:29 AM
The only demonstrated efficiency for Bitfury is 1.2GH/sec @ .8W/GH.  There's still no working product available, so it's kind of moot.
622  Economy / Securities / Re: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales on: July 16, 2013, 04:56:26 AM
Gigavps does not have anywhere close to 30 rigs at this time.  I'm not sure why people think he's got tons of rigs right now. 

For 3 TH, that would run over 14 kW of power, not 3 kW
623  Economy / Securities / Re: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales on: July 16, 2013, 03:14:34 AM
The reality of the situation is that I'm probably not going to get all of my orders in the order I ordered them in (that's quite a sentence).  Due to the delay in our shipping and the huge backlog, I am going to have to take a back seat to other paying customers.  It's doubly frustrating for me, since I bought and paid for orders before my employment for BFL was even a consideration or in the works, so there's no technical ethical dilemma to resolve... however, lots of people are/would be upset if I took all of my orders on day one for fairly obvious reasons and cries of bias and unfair treatment would abound.  Rightly or wrongly (and it pisses me off, make no mistake), I am simply not going to be able to take all of my orders in the order I should, because I am employed by BFL.

This whole deal really stresses me out to be honest and every day I consider just selling the whole deal and not having to worry about it anymore.  I would potentially consider selling the whole BFLS part and parcel to a trusted buyer, but I'm not even sure how to value it properly for a sale and if there is even anyone out there that wants to run BFLS in the same manner.  I would really like to move on and not have to focus on this particular issue any longer, as I really don't have time for it currently. 

As far as power and space goes ... I can acquire enough for those things, but it is fairly costly, so I'm not sure how to convert the BFLS shares into the ASIC shares at a fair rate, since the current rate measured by the percentage held back for operating costs is likely to not be enough to cover expenses going forward.  While it will be fine up front, on the back end I would be taking a substantial loss I suspect, so converting now at one rate would not account for the rate later on. 

One thing I can do in that situation is take the hosting costs out from the top before paying out shares and once the hosting cost is satisfied each month, start paying out the shares as appropriate.  That'd kind of a headache though.
624  Economy / Securities / Re: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales on: July 15, 2013, 10:11:09 PM
Because I have no minirigs.  As soon as I get some, I will.
625  Bitcoin / Pools / Re: Bitcoin address as worker ID on: July 15, 2013, 08:03:10 PM
EMC also is able to use BTC Address as a user ID.
626  Economy / Scam Accusations / Re: BF Labs Inc.'s Bitcoin Development Fund (title has been edited by OP) on: July 15, 2013, 05:46:48 AM
Keep digging your hole Bruno.  You are a laughing stock at this point and I'm enjoying every minute of it.  I'm glad people are finally starting to see you for who you really are.  A thief and a liar.

PS - why would I bother to sue you?  You are a destitute low life... you can't get blood from a turnip.  Your entire world basically revolves around this forum and you have nothing valuable that I would want to take from you.  Your entire existence is so pathetic that there is nothing I could possibly do to you to make your life less meaningful.
627  Economy / Scam Accusations / Re: BF Labs Inc.'s Bitcoin Development Fund (title has been edited by OP) on: July 15, 2013, 05:37:49 AM
If Phinnaeus doesn't sue me or BFL, it is unequivocal proof that he is lying in every post he makes.  

However:

Quote
EDIT: Josh has shown proof that my original posts are not true. I did not lie, but I was mistaken. At this penning, Google has yet to index the page on BFL's donation site depicting the Bitcoin address in question.

You did lie.  You made a statement that you knew to be false:

Quote
As you can clearly see, $50 was move away from the original pool and was funneled to another account owned by Sonny Vleisides, a known thief.

This is a lie.  You had absolutely zero knowledge of who this account belonged to and you made a statement, knowing that you had zero knowledge, that it was in fact true. This is not the only statement that you made that was false, and you knew it was false when you made it.  You lied.  You are a liar.  We already knew that, though.  You are also a thief.  How much have you embezzled from Bitcoin100?  No one knows, because you did not make any of your transactions public, unlike BitcoinDF.

Bruno, you are a liar and a thief.
628  Other / Off-topic / Re: BFL is selling their own 500 GH/s rig for 100k usd on ebay on: July 15, 2013, 12:11:11 AM
I love how Phinnaeus is so devoid of any actual dirt on BFL that he literally has to make things up in every thread.  The man has absolutely no integrity what so ever.  He steals from Bitcoin100 for his own pocket.  Lies about everything he touches.  He is the very definition of a pathological liar.  You can literally show him that he's incorrect and he'll still maintain that what he says is true. 

Bruno... you need meds or something man, you should seek help.
629  Economy / Scam Accusations / Re: BF Labs Inc. IS stealing from their Bitcoin Development Fund! on: July 14, 2013, 05:01:12 PM
Except, we did mention it.  It's listed on the BitcoinDF site. http://www.bitcoindf.org/project/wayside-waifs-19/

See if you can fail harder, Bruno, you lying piece of shit.  You are truly one of the most worthless human beings I have ever met, you barely qualify as human.  You are the most dishonest person on these forums and that's saying a lot.  Not a single honest thing comes out of your posts, ever.

Just more proof of what type of character you are - lying, irresponsible waste of humanity.   How much have you stolen from Bitcoin 100?  You are the entire reason people stay away from Bitcoin 100 and you are the reason we will never donate to it.  Not only have you stolen thousands of dollars from Bitcoin 100, you have also caused them to lose tens of thousands of dollars in donations.  There's only one thief here, and that's you.  Bitcoin DF is 100% open about it's transactions, I wonder why Bitcoin 100 wasn't open about their transactions with you in charge?  It would have made it impossible for you steal the funds, that's why!

630  Bitcoin / Hardware / Re: Announcement - ASIC mining processor by Butterfly Labs on: July 13, 2013, 08:44:11 PM
You guys try so hard and fail at every attempt.  Does it suck to be such failure, or is it just "normal" for you and you don't know any other method of operation?  Do you lurch from one failure to another, wondering why the world is out to get you?  I've always wondered what it's like to be bad at everything you do, unable to succeed at anything.  It's actually pretty funny, keep it up!
631  Bitcoin / Hardware / Re: Be aware of Butterfly Labs Miners on: July 12, 2013, 12:51:27 AM
However, the GPU days are coming to an end.  The ASIC days, on the other hand, are just getting started.

GPU days are long gone. You are an idiot posting otherwize.

The golden ASIC days are over too. Stop trying to scam people into keeping faith in getting any profit of their late delivered ASICs. There will be only tears and over due power bills.

Just one example:



Batch #1 Avalons made a killing. Batch #2 Avalons (you know, when you started shipping a few units / day) will brake even.

The only reason the graph is not slumping down completely is because Avalon users figured out how to get a 20% increase in GH/s due to overclocking (with an increase of power consumption of course). Can BFL users get an equivalen boost of their revenue with the current flaky equipment?

Anything after August will just evaporate in hyperdifficulty (I'm coining that term after hyperinflation)



Anybody receiving equipment in August or later is going to be completely out of any kind of profit

There is no 60% resell value for an ASIC (unlike GPUs) unless you can find a bigger idiot than you (which seems to be today's business plan for most delusional investors)

Stop blowing that good new trumpet. You know where you can shove it

Once again, replace ASIC with GPU.  Exact same post as in the past.  Same reasons it's complete junk.

Come up with some original material, please.
632  Bitcoin / Hardware / Re: Be aware of Butterfly Labs Miners on: July 11, 2013, 03:53:15 PM
What's funny about these posts is, you can replace "ASIC" with "GPU" and they are the exact same posts people were making when GPUs first started coming online.  They repeatedly swore that GPUs are unprofitable to mine with after the first month or two and no one should invest in new GPUS rigs.  Buying GPUs, according to them, would never make a return on your investment.  I bought 40. They paid for themselves several times over within a few months.  Two years later GPUs are still marginally profitable and anyone who invested in them made bank and many are still making profit.  However, the GPU days are coming to an end.  The ASIC days, on the other hand, are just getting started.
 

Just one example: https://bitcointalk.org/index.php?topic=52741.msg630015#msg630015

You can find plenty more if your dredge the Hardware forum Smiley
633  Other / Meta / Re: Can bitcointalk.org get 2 factor authentication? on: July 11, 2013, 05:43:35 AM
Except that Google Auth has nothing to do with Google's servers and you don't even need an internet connection to use it.
634  Economy / Auctions / Re: Advertise on this forum - Round 89 on: July 10, 2013, 06:02:29 PM
2 @ 6
635  Other / Archival / Re: Mining pools list on: July 10, 2013, 12:44:40 AM
The coinbase will typically have "mm" in the field, I think.  Are there other merged mining implementations that don't have mm?

Look at most of EMC's blocks, they have merged mining data in the coinbase field for an idea of what it looks like.

https://blockchain.info/tx/99225fee4f3384c78fc6d64b4e14f88833a84866ab5ccce684dadb8236d685dc
636  Economy / Goods / Motorola Xoom 10" 32GB Tablet with 4G + Dock + Car Adapter on: July 08, 2013, 03:47:36 AM
I have a good condition Motorola Xoom 32GB 10" tablet with Verizon 4G + Dock + Car Adapter (and wall adapter of course) available...

Look for $250 in BTC shipped in the US OBO.



637  Bitcoin / Pools / Re: [9000 GH/s] EMC: 0 Fee/PPS/DGM/Dwolla/SMS/2FA/GBT/Stratum/Vardiff on: July 07, 2013, 07:54:35 PM
EMC scales your difficulty dynamically with your hashrate.  No need to set it manually, the pool takes care of everything.
638  Economy / Auctions / Re: Advertise on this forum - Round 88 on: July 07, 2013, 05:16:17 PM
7 @ 3.5
639  Bitcoin / Pools / Re: [2000 GH/s] EMC: 0 Fee/PPS/DGM/Dwolla/SMS/2FA/GBT/Stratum/Vardiff on: July 02, 2013, 07:44:56 PM
US1 seemed to be stuck... it's processing shares now and will process all the back shares.  Hashrates might look a bit goofy if you were on US1 for awhile.
640  Bitcoin / Bitcoin Discussion / Re: WARNING! Bitcoin will soon block small transaction outputs on: July 02, 2013, 05:11:57 AM
PPS in it's purest form requires the sending of small amounts.  Now, you can argue for various modifications to pure PPS to overcome this particular problem, but fundamentally it kills pure PPS pools.  It makes it impossible to get paid for 1 share (quite a bit more than 1 actually, but it's the same issue), so the pool is no longer PPS, but PPsS.

It is impossible to get paid for a difficulty 1 share but shares doesn't have to be difficulty 1.  Why couldn't one use a higher difficulty share?

Revenue per difficulty 1 share: 25 BTC / 21,335,329.114 * 1E8 = 117 S ea (at current difficulty)
Dust Threshold: 5430 S
Maximum # of independently payable shares per BTC of block reward: 1E8 / 5430 = 18,416

Min pure PPS share difficulty: (block difficulty) / (18,416 * current block subsidy)

Min pure PPS share difficulty (at current difficulty & 25 BTC block): ( 21,335,329.114) / (18,416 * 25 ) = 46 diff.
Value of difficulty 46 share = 25 * 46 / 21,335,329.114 * 1E8 = 5390 S ea
At difficulty 47 a 1 GH/s miner will find ~ 17 shares per hour (average time between share 201 seconds)

For simplicity I would round to nearest 10 difficulty and change every difficulty adjustment.  Too easy.  The last 8 difficulty periods would be
Code:
Period             Share diff    Value per share
------------------------------------------------
04/05/2013      20 diff    6516 S
04/17/2013      20 diff    5571 S
04/29/2013      30 diff    4962 S
05/12/2013      30 diff    4469 S
05/25/2013      30 diff    4114 S
06/05/2013      40 diff    3203 S
06/16/2013      50 diff    2585 S
06/29/2013      50 diff    2343 S

You could, but as I said, that is a different matter all together.  A fundamental building block of PPS is the difficulty 1 share, since it's the basis of everything else.  Whether or not it matters if you can pay a difficulty 1 share is another discussion, not really germane to this particular issue.

47 difficulty is way too high for some miners.  Take a Block Erupter for example, at 300 MH/s - it will never get paid in your scenario.  Whether mining is worth it at less than 47 difficulty is a different exercise, though.  As difficulty climbs, the situation worsens for the low hashrate miners.

PPS in it's purest form requires the sending of small amounts.  Now, you can argue for various modifications to pure PPS to overcome this particular problem, but fundamentally it kills pure PPS pools.  It makes it impossible to get paid for 1 share (quite a bit more than 1 actually, but it's the same issue), so the pool is no longer PPS, but PPsS.

Does your pool use 'pure PPS'?

It did, until now.
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