Can someone please recommend an easy to "register" exchange site for LTC > BTC and LTC > $$$
btc-e.com for btc/ltc exchanges it takes very little time (you'll be trading within 1-2 hours tops, no personal identification required) I have not tried them yet for selling ltc for cash though.. I dont believe they have very 'american friendly' cash out options though, so selling for BTC and using the BTC > $$ option may be best (which I've used fastcash4bitcoins.com for that before, works great and is relatively fast with low fees).
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Looks like the pool keeps going down for a few minutes at a time..
anyone else having this issue?
Seems like its happening all this week. Becoming very annoying. even more annoying since I am unsure how to setup a backup pool in reaper (i use a 7950, so cgminer is not a viable option).
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LTC mining IS VERY RAM INTENSIVE. on BOTH the GPU and systemwide.
I am using 2x7950s and reaper alone is using 2.8gb while each card has 1350mb used.
Please keep this in mind before making the switch.
This is my config... i'm getting 620/khash per 7950 (1020/1575 overclock, runs at 77C on a gigabyte 3 fan card)
worksize 256 vectors 1 aggression 20 threads_per_gpu 1 sharethreads 28 lookup_gap 2 gpu_thread_concurrency 21712
plus it only uses 1350mb/card vs 1500mb/card to boot.
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Will the "pure pps" system pay for stales? (LTC)
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You need a unique reference to run a business, the customer needs that reference as well. The best they could do is obfuscate it (with double SHA2?) or something, but why would makers of web-store software even care about that in a general case? Outside this fishbowl community attempting to decode order numbers is generally a futile exercise, so why expend the effort on the feature?
Yes, you do. But the rowid of the database is not the way to do it. A better way is to choose an arbitrarily large number space, choose a number from it randomly and check for uniqueness. There are other methods too. At the least, they should not be easily guessable. Unfortunately in SOME form of the business system there will need to be an orderly ascending unique identifier for each transcation. Typically this is done at the invoice # level where each new invoice is +1 above the previous, regardless or how/what/why. This is needed for auditing purposes. That said.. for a sales order #, there is likely a lot more freedom with that, but i would imagine it would still need SOME kind of rhyme or reason vs just being totally random.
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No. I do not believe in LTC, as I believe any LTC mining just detracts from the strength and growth of the Bitcoin network. I don't buy any of this "Gold vs Silver" stuff - they're competitors, and I'd rather see one really good cryptocurrency, rather than 2 mediocre ones.
Me personally? I've already sold my GPUs and pre-ordered a bunch of ASICs.
I don't see them as competitors necessarily as the USD doesn't necessarily compete with the EUR. They just are different currencies serving a different purpose.
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Deff early adopter stage. Until cards are available to easily spend the currency and it is FAR easier to buy/trade it will remain a very niche product.
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2) Announce a new currency which will be backed with a basket of items such as Oil, Gold, Silver, Platinum, Lithium, etc...
You do know the entire point of backing a currency is that when currency is transferred from one country to another.. the actual physical good backing it is transferred as well? That is why a gold backed currency isn't even really possible or feasible for the US anymore. Back in the day the USD was pegged at say $35/oz. So if a company in say China had $3500 of our money, they could directly ask for 100oz of gold. And guess what.. there isn't infinate gold out there, eventually the US would 'run out' of money and our economy would shrink. Just saying...
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Seriously.. Why does THE important thing for bitcoin seem to be how many merchants take the currency? I mean.. good luck going anywhere with a bar of gold and buying services.
It would be like: "Hi there mister accountant! how many grams of gold will it cost me to get a tax return filed today? Do you have a scale on hand?"
Almost nobody takes gold as a payment method, yet it is 1600+/oz. Why must bitcoin be any different?
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I'm getting under 3% stales now.
I had a question about the automatic payouts. It says they "roll out every hour," and I assume that's based on the number I place in the box. I put in 10, and I have had over ten coins in the system for over six hours. (26 as of this post) I'm guessing they don't "roll out" every hour then?
d
When i mined on this pool the auto payouts would never work. on the other hand.. it does not appear that the 2% fee for manual payout is in effect currently. so i'd probably just use that for the time being.
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I think 2013 will be the year of Litecoin. One more big rise in value (3rd in it's first year) and it'll stick and start to see more action in the ecommerce world. Most likely this has started already with the network hash close to doubling since last month and the steady rise of value on the exchange (btc-e). The end of this month will tell the community alot... both miners and investors.
I cant imagine what the difficulty will go up to once ASIC's and block halfing DESTROY gpu mining on the BTC side.. that is quite a lot of GPU's that hte owners will be happy to earn some coins with. There are already quite a few coming over. I'm trying to snag as many coins as I can while the "getting is good".
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I own 0.0119% of the entire bitcoin currency. Shit yeah.
you are the .01%!
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men are... on average.. more technologically savvy.. bitcoin is currently an EXTREMELY technologically advanced system. Until the day comes that one can EASILY just use an online wallet and not even have to know or think about what an address, private key or any other of that non-user friendly garbage is.. bitcoin will remain a niche product geared towards those who can deal with its difficult usage
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Looks like the pool keeps going down for a few minutes at a time..
anyone else having this issue?
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I would say it is an issue of disclosure. If say you buy an ASIC being CLEARLY told before purchase that it would be used for 72 hours to main-net mine and the price you pay takes that into account that is 100% acceptable, as those are the conditions of the sale.
Other then that.. 100% wrong unless 95%+ of all BTC earned during testing was given to the buyer, in which case they are almost doing you a favor.
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We will most likely be using test-net in a box for testing as Jeff Garzik has recommended.
or if you secretly mined each one on the main line and had all the BTC earned sent to an address, printed a paper wallet of that address and included it with the order.. like "BAM! your order is tested to work and here is the BTC to prove it, enjoy!"
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To answer your original question: You probably should of deleted whatever binary the program created based on your settings. Since it was originally created for a differnent generation of card that mayyy have been causing your issues.
I've run cgminer on my 7950 before with 'non-normal' --shaders set and it wasn't an issue crashing wise. (just crappy hash rate lol)
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step 1: put in your BTC hash rate into this calculator: http://www.alloscomp.com/bitcoin/calculatorstep 2: put your LTC hash rate into this calculator: http://ltc.kattare.com/calc.phpstep 3: find out which one is paying more per day.. make sure to recheck whenever difficulty changes (which happens every 3-4 days with LTC, every 14 with BTC). currently litecoin is slightly more valuable AT CURRENT EXCHANGE RATES
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I have 8.1633 LTC stuck in the "unconfirmed" section. It has been like that for about 2-3 days now.
Any word on what the issue might be?
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I'm tell you guys, this stuff is going to be the end of bitcoin.
that is why people keep saying that ASIC's are a good thing for bitcoin in the end.. if each ASIC is worth the 10,000 CPU's then it'll be a lot easier to keep botnet network % down.
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