We (americans) are trained in metric.  Sheesh.  It's just not our primary system.

Perhaps if americans wanted to use something that was in international use and already denominated using a metric system, the pace of adoption would pick up.

Whereas nobody is going to take the phrase "hey can I get a couple of gavins" very seriously.

It is, perhaps, slightly better than calling them "bobs" or "daves".  Slightly.

I suspect in places where "gavin" is not a phonetic derivative of a common personal name, people might take it better.

If the creator of bitcoin had picked the pseudonym "John Smith" I doubt if we would have "smiths" today either. Although from the perspective of a russian or brazilian (any non english speaking) bitcoiner it may not be that different from "satoshis". Is Satoshi a real and/or common name in Japan?

Just my thoughts. Metric denominations of the bitcoin FTW.

Edit: for sub-denominations maybe just "bit" - still geeky and cute, easy to say:  decibit, centibit, millibit, etc...

It doesn't matter what miner you use. 

You still have to get your bitcoind/bitcoinQT set up to serve as a server (node) to solo mine.

It's just a couple of entries into a file that the program reads when it initializes, and then it's a server.

From that point you can mine solo with any getwork miner you like from your own node.

Every miner has to have a node.  If you use your own it's solo mining, if you use someone else's, it's a pool.

Does that make more sense?

There are a TON of tutorial threads for this I'm not going to re-write it.  Solo mining is the same process for every bitcoin-derived altcoin I've seen so you might as well sort it out.

A node keeps the block chain, and propagates new blocks.

Miners get their work from nodes.

A merchant wants to have a node, so that they can be responsible for making sure that their transactions are broadcast to miners.  But this does not mean that the miners will accept the transaction when it reaches the node they are mining from.  There are several reasons ranging from not enough fees to finding a valid block before re-writing the current work to include your transaction.

A merchant can also be a miner, and attempt to encode either all transactions or even just their own transactions into a block.

But there's no guarantee that they will find the next block, or even one any time soon.

So neither running a node, or mining yourself, becomes a guarantee against a double spend made on someone else's equipment (vending machine, online merchant, whatever).

It's not directly possible to directly affect the "speed of confirmation" for your own transactions except by adding masses of your own hashing power to the overall network (as a miner, not a node). And if you overdo that you'll just push difficulty up and start the cycle over.

You increase the "speed and security" of transaction when you run a node by ensuring that your transaction gets delivered and included in the workload of as many miners as quickly as possible.

As to whether or not a vendor, or third party can selectively decide what to add to a block, they sure can.  But it doesn't mean they can just add that block to the block chain.

hth

CbbnVbbyP7uhFUPLUQF1gs7YVcew4sbXEp

rLX8KWCYhMjwJBKbGPGDyGMpqnrFoCkx3v

bac51Yj1gniqFUfqWHhdr9kGU2pALTW6jm

BBQCoin - Tastes Great On Everything!

MMM BBq

bac51Yj1gniqFUfqWHhdr9kGU2pALTW6jm

Thanks!

Hey, nice!

I got a few donations when I woke up today, thanks you guys!

So far I'm at :

Estimated Per Payout
0.174838 FC

Account Balance
0.541821 FC

at the is-a-geek pool with ~7Kh/s for 10 hours


56FC in donations, though

That means, officially, my first 1+ crypto coins EVAR!!!

I'll always remember feathercoin fondly, if only for that. In the meantime it looks like people have hopped on most of the obvious things for setting up a little ecosystem (so to speak) for this. I've got some weak PHP skills and a shared server (or two ) available.  Any ideas for fun things to do?

Since I actually have some I would love to see this go somewhere even if I missed the real 'gold rush' ...

hmm the newest coin I've tried.

I've got about 5-6 Kh/s pointed at is-a-geek.com now so we''ll see what awaits me in the morning

If anyone is still tossing coins around you can hit me at 6gv79utq11Mn9HSHdFxVt6LcES4JNhSHfd

Maybe I will get my first whole crypto-coin, eh?

It won't take very long before your definition of "Active" runs afoul of someone else's definition of "Invested" and you're the thief when you "recover" them.

There's no way to contact the owner of the (seemingly) inactive wallet and ask.



Very against the whole principle of the thing, I think.

Way to beat a dead horse. Read before you post. Like the post where I explicitly stated that I know how to google a mining calculator?

http://lmgtfy.com/?q=forum+troll

Twerka (and vladimir apparently), there are other motivations besides financial.  For me this is educational, and interesting. As a hobbyist programmer I may end up writing some tools or useful (or maybe useless who knows) software for interacting with these cryptocurrencies.  In any case I'm advancing my understanding of the system by participating in it.

If I actually get to writing any software I'll probably end up spending that power to hash testnet anyways. I'm sure the fact that there's a testnet where people hash for NO MONEY AT ALL is something that confuses vladimir to no end.

As I mentioned in a previous post, it's better to recover some of your expenses than none of them, don't you think? I think so.  Why not hash to a live pool now and then while I'm learning?

I'm surprised that discussing it seems to generate animosity.

I have heard, but not confirmed, that if no block is solved for 15 minutes difficulty will drop.  I'm not honestly sure if that's bitcoin or another alt-chain.

Also I think that the reset is an average of the last 2k cycles or so.  You would probably have to convince a lot of miners to stop for a couple of days to see a significant difficulty reduction.

And in the end if you got it done, you would probably hurt yourself (unless you're an owner of a big ASIC) by making it easier for the 'big boys' to snap up the blocks for a couple of weeks.

Just some thoughts from another noob.

I'd also be interested in hearing from someone who really knows.

I see in the list that triplemining is actually PPLNS which I need to avoid as a slow hasher.  This is why I haven't gone to their site.

I went to deepbit site, it says that you can select PPS or Proportional so I'll be signing up and giving their PPS pool a try.

I avoided them because I didn't realize it was a choice and clearly I can't be mining for proportional payouts in a large pool 

================================================================================================

Wampa_Jabba I open chrome and type in "mining.bitcoin.cz" to get to slush's site.

Then I click on the "Statistics" link in the left column and see that table, under a chart of pool performance information.

It's possible that it's not rendering that column for you, since with a last share at 4 days ago, there would be no data?

I would suggest that you ask in the pool's forum thread maybe slush or someone can tell you.

wampa jabba are you logged in to the site?

I'm not trying to profit, thanks again for the honest numbers guys trying to help.

I'm going to be hashing for a while, I want to get paid for my hashing. This is perfectly reasonable economics.  If you have the option of recovering some of your expenses vs. the option of recovering none of your expenses which would you select?

Also once I hit payout somewhere i have a few satoshis to play with.

Please note in the image I posted that most of my shares are receiving ZERO VALUE at slush's pool.

Please note that I'm not accusing slush of any wrongdoing, his pool uses a proprietary scoring system that is, among other possible things, time based. He's very clear about this and I believe I have seen him post that his pool is not the best option for slow hashers.

Just trying to find a solid, long term PPS pool that welcomes (or tolerates) slow hashers and has a history of some reliability.

Thanks mccminer I'll give it a shot.

I'm also interested in hearing real experience from people who have put slow machines into P2Pool.

Thanks.  I see you're trying to be helpful, unlike Vladimir who's straight trolling.

=============================================================================================

Anybody with some on-topic feedback? I deleted the rest of this post because I don't want to play with trolls. I don't need to explain what I'm doing or justify it.

=============================================================================================

I'm looking for a live, honest, straight PPS pool that plans to stick around.

I haven't tried all of the pools in the list yet and would prefer a good recommendation than leaving a large trail of unclaimable satoshis against every pool i can find until I "settle in" somewhere.

Watch the values of those shares fall over time, too.

You revealed that you are CPU mining it seems it's easier to make fun of you than to offer any advice here.

As with my thread: https://bitcointalk.org/index.php?topic=181612.0

Maybe it's time for "screwyouweCPUmine.com" or something. I was just advised to mine to the pool at /dev/null 

Thanks a first couple posts in with "all or nothing" statements.

I am not concerned with how few shares I generate, I'm concerned about hashing away for hours, generating shares, and getting 0 payout.

Does anyone recommend a reliable pool for straight PPS and will eventually pay me for my shares?

EDIT: 3rd "fuggedaboudit" post while I typed this. What a bunch of sourpusses.

Hey I'm trying some mining, just with my desktops here.

I can get together about 3 Mh/s. 

Yes, I know it's a drop in the bucket, (I can hardly even mine litecoins) but i want to play.  I'm trying to find someplace where I can get paid for hashing/mining.

The last couple of nights I've mined Slush's pool, that's a HUGE mistake for such a low powered miner.  I can't take any more like this:



IS there a good pool with straight PPS no scoring or geometry or bullshit? It might take me a year to hit the BTC .01 minimum payout over there. I'm in the southwestern US.

I'm not looking to feel like a "power miner" with my hash rate but if I'm pooling I'd like to get a few satoshis here and there. I've been messing with bitcoin for a couple of weeks and it would be nice to see a transaction in my wallet.

Anyone have recent experience with low hash rates and P2Pool? I haven't got it running yet but I guess it should still be better than solo mining right?

I mined a few shares at p2pool.org before I found out the site was a fake/trap (it's not just a p2pool node it's a pool with fees) but I never got credited a single share there. Or even showed up on any other p2pool page's stats.  Even though others that appeared to be in the p2pool.org pool were.

Advice o gurus?

Thoughts from the rest of you?

Thanks...

At least they give us a place to spam at?

omgzors wtf rules??!

</gratuitous bitching noob post>