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7061  Other / Beginners & Help / Re: Bitcoin Pyramiding on: September 02, 2013, 04:23:36 AM
Pyramining is a pyramid scheme. I think.
Investing into mining companies like labcoin is better imo.
7062  Other / Beginners & Help / Re: legitimacy of Coinmine.pl ? Who runs this site? on: September 02, 2013, 04:23:14 AM
Contact the site's administrator or support. they will probably be able to help you if they are not scammers.
7063  Other / Beginners & Help / Re: Anyone know what happened to Steambits? on: September 02, 2013, 04:21:05 AM
Could have got a C&D from Steam. Reselling Steam game gifts is a ToS violation.
I assume you have an outstanding order?

Is it? I've never heard of this after several years of Steam trading. Can you link me to the portion of the ToS where it says this?
7064  Other / Beginners & Help / Re: Looking to sell some eve ISK to buy USB Block Erruptor on: September 02, 2013, 04:20:15 AM
You can also use the digital goods section to sell the eve isk for btc then buy a miner.
7065  Other / Beginners & Help / Re: I have a crappy mining rig, should I use it this winter? on: September 02, 2013, 04:18:52 AM
I stopped mining, and frankly kind of forgot about bitcoin for almost 2 years, but now that I'm done school I can afford to focus on it again.  My rig just has 2 5830's, so I'm not actually going to be mining much at all.  But my apartment is electrically heated anyways.  So what I'm trying to figure out is the wear and tear on my rig (which I do use as a general purpose PC) worth the very small amount I'll be mining, or should I just stick with 100% my actually electrical heating (my rig won't completely heat my place, but it will help)

Thanks for your thoughts.


computer heating is a lot nicer than the electric heaters as it heats more evenly Smiley

waste of electricity and good hardware.

he has all electric heating so it wont use any more electric and he doesn't have to set them at 100% even set at 50% mining altcoins would make a couple of USD a week

electric heating =/= electric heating + gpus running
7066  Other / Beginners & Help / Re: ASIC mining. What coins can be mined with this gear? on: September 02, 2013, 04:17:10 AM
http://feathercoin.com/ was launched last Friday (Aug 27th) which is also SHA-256.


trixter lists the following as SHA-256 coins in a thread on the BFL forums:
Bitcoin
PPCoin    
Namecoin    
Terracoin    
Devcoin    
Freicoin    
Ixcoin

Also i0coin, Zetacoin and Bytecoin use SHA-256.
(as new coins pop up all the time while others die, this list may be incomplete)

wasn't feathercoin (ftc) a litecoin clone?
7067  Other / Beginners & Help / Re: distributed mining strategy... on: September 02, 2013, 04:14:28 AM
Thanks for the tips guys Smiley

At what difficulty would you consider mining at 2TH/s individually, a bad idea?

For instance, if when I get my CoinTerra box the global hash rate is at 2PH/s...I would have approx 0.1% of the global hashing power, I would think at that rate, "going it alone" wouldn't be a bad idea.  But the difficulty won't stay put forever, and lets suppose it reaches 4PH/s a couple months later, at which wpint I would only control 0.05% of the global hashing power...is that still enough to be on my own?

At what point is mining within a pool advisable...or should I just plan to get into a pool immediately?  Undecided

Mining in a pool is advisable because you will always have steady payouts. If your hashrate is high enough to equal the larger pools (very unlikely), then you could solo-mine.

My advice for you is to join a reputable pool with good payouts and low fees.
7068  Other / Beginners & Help / Re: I have a crappy mining rig, should I use it this winter? on: September 02, 2013, 04:12:40 AM
I stopped mining, and frankly kind of forgot about bitcoin for almost 2 years, but now that I'm done school I can afford to focus on it again.  My rig just has 2 5830's, so I'm not actually going to be mining much at all.  But my apartment is electrically heated anyways.  So what I'm trying to figure out is the wear and tear on my rig (which I do use as a general purpose PC) worth the very small amount I'll be mining, or should I just stick with 100% my actually electrical heating (my rig won't completely heat my place, but it will help)

Thanks for your thoughts.


computer heating is a lot nicer than the electric heaters as it heats more evenly Smiley

waste of electricity and good hardware.
7069  Other / Beginners & Help / Re: Mining Contract - Which to choose on: September 02, 2013, 04:08:43 AM
many "mining contracts" are either ponzis if they pay out or scams if they steal your money and run. beware.
7070  Other / Beginners & Help / Re: Did I miss the train or was it a smart move? on: September 02, 2013, 04:08:01 AM
ASICs are no longer the magical money printing machines they used to be. You made the right choice.
7071  Other / Beginners & Help / Re: Greetings: on: September 02, 2013, 04:07:29 AM
Beginner's Guide: https://bitcointalk.org/index.php?topic=9430.0
r/bitcoinbeginners: http://www.reddit.com/r/bitcoinbeginners
Bitcoin wiki: https://bitcoin.it/

Also feel free to ask any newbie questions you might have right here in the Newbies section.
7072  Other / Beginners & Help / Re: I'm new & have a few questions on: September 02, 2013, 04:05:24 AM
Don't put all of your eggs in one basket. If you're as smart as you claim to be, you should know that. Life is not a TV show. If you do something stupid, nobody is going to care.
7073  Other / Beginners & Help / Re: Newbie -- Should I mine Bitcoin or Litecoin? on: September 02, 2013, 04:04:20 AM
You cannot mine Litecoins with the block erupters. They, like other Bitcoin ASICs, can only mine BTC or other SHA256 coins. LTC is scrypt so it will not work.
7074  Other / Beginners & Help / Re: I have a crappy mining rig, should I use it this winter? on: September 02, 2013, 04:03:18 AM
Don't bother GPU mining BTC. Use coinchoose and see what coins are most profitable (if any).
7075  Other / Off-topic / Re: What video games do you play? on: September 02, 2013, 03:59:50 AM
I don't know if you know, but you can buy the humble bundle with Bitcoins!


Do it!


6 Games for 1 dollar or 0.007 BTC!

I got the latest one and it may just have a couple of decent titles in it. I'm too busy with college.

Thanks for the tip. I'm sure many Bitcoin users will benefit from buying the Humble Bundle.

@Lethn: sounds like pokemon Roll Eyes
7076  Other / Beginners & Help / Re: SHA256 Collision Attack on: September 01, 2013, 03:02:24 PM
I'm still attacking SHA-2 (256). Of course I know it's not going to work out, but it's a nice and learnful hobby.

Sometimes while hobbying, I run into stupid questions. Like this one:
Wikipedia claims that the best preimage attack on SHA-2 is actually reduced (41 rounds) in time 2^(253.5).
It seems trivial to have a full 2^256 attack (so where do I go wrong?) if SHA is really a bit pseudorandom. Input to SHA is 447 (free) bits; output is 256 (fixed) bits. I make some propagators to rule out trivially conflicting bit assignments. I make 191 non-locally-conflicting random bit-assignments (propagating after each assignment). I have 256 free bits left. Since there are 256 free bits and the output is also 256 bits, I expect to have 1.0 solution left. I search for it with brute-force.

good luck cracking sha 256. it probably won't ever work.
7077  Other / Beginners & Help / Re: Where to buy Cameras with BTC? on: September 01, 2013, 03:01:19 PM
bitmit (btc ebay), use escrow.
bitcoinstore is also reputable apparently.

I was looking at bitmit and heard some good things about it but they don't have what I'm looking for unfortunately. I'm checking out bitcoinstore at the moment, thanks for the suggestion!

Bitcoinstore is run by memorydealers (reputable store) so you should be safe. they also have a lot of good electronics.

you can also try the Goods section of forum marketplace, make a thread and see what offers you get.
7078  Other / Beginners & Help / Re: Why is anyone selling on MtGox? on: September 01, 2013, 03:00:00 PM
maybe because they believe they can transfer out, or they just want to trade for profit
7079  Other / Beginners & Help / Re: hello newbie here on: September 01, 2013, 02:59:16 PM
Hello newbie, welcome to bitcoin talk! nice to have ya here.
7080  Other / Beginners & Help / Re: BFG MINER!!! on: September 01, 2013, 02:58:51 PM
Ask the pool for support, maybe they changed something?
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