I don't understand how this problem can't be countered with a simple will. Unless you're implying people are stupid enough to have several thousands of dollars worth of wealth not plan to pass it to someone. The problem isn't technical, simply PEBCAK.
A piece of paper with the password to thousands, tens of thousands, hundreds of thousands of dollars? Sounds like a big risk to take, unless you are 100% trusting of whoever holds the will. Of course, any decent lawyer isn't going to risk his livelihood for anything under 6 figures, but when you get higher up there in net worth (which could happen unexpectedly if we continue to have such extreme rallies on value), the incentive to steal becomes that much greater. And many lawyers are sleezeballs to start with, so I wouldn't put it past one of them to steal from someone's will with a written password... |
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Give half the encryption password to your lawyer, give the other half to your most trusted relative. Problem solved. Or split it into fourths, and email yourself one fourth, and send one fourth in a self-addressed stamped envelope, along with the other two.
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Sounds suspiciously like a government.
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Just putting this out there as a public service announcement:
If you're going to install miners on a school network in Missouri, don't screw up the settings. Sending 101,000 work requests and only returning 91 is not the most efficient way to steal resources from systems funded taxpayers.
Lol, win. |
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It's not worth it. I've done the calculations many times, and every time, the 5850/5830 wins out on electrical usage and MHash/$ compared to the 6990.
My friend bought two 6990's, but only because he is one of the types to buy top-end stuff if he is going to buy anything at all. I make more MH/s than him and spent several hundred less.
totally agree, got a bud that picked up a 6990 when he got into mining, i chose 3 5870's for the same price.  Actually I think I might've paid less than his 6990 while getting more m/hash So 3 5870's consume <= power than a single 6990? Heh, I may have to change my plans for future rigs  for sure it consumes more power, but I also have 50% more hashing power, roughly. I'm getting 400m/hash with each 5870, can oc it some more to get a little more juice but eh. While the 6990 is 700-800mhash depending on clocks. 1.2ghash>800mhash One other thing; a 5870 costs ~ 400 each; and you get 400MH/s out of it. A 6990 costs ~750, but I easily get 830MH/s out of it. Just curious how this works out in the favor of the 5870? Definitely depends on purchase price. IMO, 5850's and 5870's are not worth the current purchase price. 5830's, for $109 each, are a steal. |
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It's not worth it. I've done the calculations many times, and every time, the 5850/5830 wins out on electrical usage and MHash/$ compared to the 6990.
My friend bought two 6990's, but only because he is one of the types to buy top-end stuff if he is going to buy anything at all. I make more MH/s than him and spent several hundred less.
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The only reason healthcare is so expensive in the US is because everyone's so dang sue-happy. If we didn't have absurd judgments awarding hundreds of millions for a mistake in the surgery room, healthcare costs would be much more reasonable.
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 this is amazing. I predict $14 sometime next week Try $14 tonight! At least, that's my prediction the way things are going right now... |
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Still having issues. This was 10 minutes ago. 2011-06-02 23:37:06: Listener for "Default": 02/06/2011 23:37:06, warning: job finished, miner is idle
2011-06-02 23:37:07: Listener for "Default": 02/06/2011 23:37:07, Problems communicating with bitcoin RPC
2011-06-02 23:37:13: Listener for "Default": 02/06/2011 23:37:13, Problems communicating with bitcoin RPC
2011-06-02 23:37:19: Listener for "Default": 02/06/2011 23:37:19, Problems communicating with bitcoin RPC
2011-06-02 23:37:25: Listener for "Default": 02/06/2011 23:37:25, Problems communicating with bitcoin RPC
2011-06-02 23:37:31: Listener for "Default": 02/06/2011 23:37:31, Problems communicating with bitcoin RPC
2011-06-02 23:37:37: Listener for "Default": 02/06/2011 23:37:37, Problems communicating with bitcoin RPC
2011-06-02 23:37:43: Listener for "Default": 02/06/2011 23:37:43, Problems communicating with bitcoin RPC
2011-06-02 23:37:53: Listener for "Default": 02/06/2011 23:37:53, Problems communicating with bitcoin RPC
2011-06-02 23:38:04: Listener for "Default": 02/06/2011 23:38:04, Problems communicating with bitcoin RPC
2011-06-02 23:38:13: Listener for "Default": 02/06/2011 23:38:13, Problems communicating with bitcoin RPC
2011-06-02 23:38:19: Listener for "Default": 02/06/2011 23:38:19, Problems communicating with bitcoin RPC
2011-06-02 23:38:31: Listener for "Default": 02/06/2011 23:38:31, warning: job finished, miner is idle
2011-06-02 23:38:31: Listener for "Default": 02/06/2011 23:38:31, Problems communicating with bitcoin RPC
2011-06-02 23:38:49: Listener for "Default": 02/06/2011 23:38:49, warning: job finished, miner is idle I hate it when it seems like the DDOS is following me... |
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For poclbm, it prints it out on a separate line just like a share acceptance.
FYI: I am now at 35 minutes without a single idle across 4.2 GH/sec worth of machines running, so it looks like the issue has finally settled after the tweaking took effect.
Thanks. Just opened up the console in guiminer and am seeing a bunch of problems communicating and idle miner errors. Looking on the website, the last share submitted was 3 minutes ago. This was a recent development... |
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I do not have time to test this release myself, but does anyone else want to verify/refute his software as fulfilling the bounty? |
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Question: How do you know if you have idle errors?
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Thanks!  |
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Sure I would throw in a few bitcoin - if it's not hosted somewhere that will end up with an fbi badge on it.  Dwolla is ok but it's US only. Create a platform that anyone can use to host their own - like a franchise, with a shared order book and agents in different countries. This makes it modular and more decentralized. Mmmm, a franchise or licenseable system is an interesting idea as well. |
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errr its working again, but my miner is down 55 hash on speed.... maintenance done that? I havnt changed my miner one bit and it was running at 440 for a few days now
Miner speed is an estimate over 15 minutes, same as always. Since the pool was down, give it time to average out. It'll always have variance (a 420 MH/sec miner can easily swing between 320 and 520 for example). I really need to just remove the column since it's just a measure of your miner's luck. No, please don't remove it! If you must, rename it to Worker's Luck or something. |
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Then again i guess no pool is problem-less.
This is what I am beginning to find. BTCGuild is having issues right now as well. |
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I suppose the majority of the miners are smart enough to know whether a change would be good or bad for the network. I was just afraid of people accepting a change because "those people said it was a good idea and needed to be done ASAP." Hopefully, we can trust enough people that we wouldn't end up in a situation like that. You do make valid points about efficiency and getting an important update out quickly. Like, say, if quantum computing suddenly breaks SHA-256. |
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Exchange programmers are a dime a dozen.
Complete lack of mention of regulatory issues makes me think you have not thought this through at all.
There are certainly many details that I haven't mentioned, or considered yet. Right now, I am just gauging interest. I am not asking for anyone's bitcoins yet. I will provide details about my considerations regarding regulatory issues, and much more, when (and if) I open up the company to investors. There are multiple exchanges already coded. And there is definitely interest in new exchanges -- mtgox needs competition! I've been researching the regulations related to opening an exchange. Getting that right is the hard part. You don't want to end up like e-gold, who were well meaning yet naive about money transmitter laws. If you want investors to take you seriously as a leader, I'd look into this I completely agree, and thank you for the input. |
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Exchange programmers are a dime a dozen.
Complete lack of mention of regulatory issues makes me think you have not thought this through at all.
There are certainly many details that I haven't mentioned, or considered yet. Right now, I am just gauging interest. I am not asking for anyone's bitcoins yet. I will provide details about my considerations regarding regulatory issues, and much more, when (and if) I open up the company to investors. I have an interest.
Excellent! I was thinking about doing the same thing, but it sounds like a bit too much of a headache. I may be on for an investment though depending on the terms. I do have an idea for a service the exchange could offer that I haven't seen implemented yet. That would be investing banking with the ability to pay depositors interest for depositing bitcoins, and then loan these bitcoins out to speculators who hope to profit from a decline in the bitcoin exchange rate. I came up with some safeguards for it, but I just can't devote the time to the technical aspects of getting it working. It also works best as part of an existing BTC exchange. The details are here: http://forum.bitcoin.org/index.php?topic=11406.msg161711#msg161711The more types of real world financial transactions that can be fit within the bitcoin world the better the currency has of being successful. Interesting idea Adam, thanks for sharing. I am definitely all for including innovative ideas into this exchange, as it would help provide more of a competitive advantage. |
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So much more information is needed to determine if this is a feasible business plan/investment or not. For me to even consider investing I would need to know:
-More specifically who you are and what you have done (something like a formal resume)
-What would justify you retaining 60% of the company when nearly all the work is being contracted out, and 100% of expenses would be covered by investors
-What corporate/legal structure you plan on using (most importantly where you incorporate)
-Will you draw a salary now or ever
-Aside from lower fees, what competitive advantage do you have over other BTC exchanges
-What are you estimated startup costs
-Are you devoting 100% of your time towards starting this or will you continue to work at your current job
-How will you deal with multiple currencies
-Will you be integrating option trading
These are just off the top of my head... A major concern I would have as an investor is that you would be the sole majority shareholder. This would subjugate all other shareholders to your decisions, including future share dilutions. I think if you plan on raising a serious amount of capital for this venture you should plan on retaining something like 15-30%, thus allowing shareholders some say in the direction the company takes.
Good questions and thoughts. Again, this is just to gauge interest in such a project. It sounds like you may be interested, provided the company was set up in a satisfactory manner (i.e., with me not taking 60% stake in the company), and provided I supply acceptable answers to your questions. I will delve in to those questions in detail when I have had more time to flesh out exactly how I want to work everything. I could give answers now, but I would be concerned about the accuracy of some of the answers without having had sufficient time to write out all of the details myself. Summary: I will probably wait to answer your questions until I have the business plan ready and am ready to begin taking investments. This thread is just a gauge of interest. |
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