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81  Economy / Trading Discussion / Re: Apparently PayPal can no longer be used to buy/sell Bitcoin mining hardware on: May 12, 2013, 12:44:06 AM
Can we please stop using PayPal?

I just hate reading stories of people getting their funds locked up. And when did they add that caveat to their TOS about mining hardware? I read their TOS a few months back and it said nothing of the sort.

Anyway lets move away from PayPal and their bs. We have perfectly good alternatives like BTC, LTC and different e-currencies.

We would be a) ebay is to good a source for everything as a reselling platform and paypal works for that as it's the same company, they don't care about alternatives

b) it is one of the easier shopping cart methods, most other systems didn't have backing and just weren't simple enough to set up maybe bitcoin will change this eventually, but getting coins is still hard at times.
82  Economy / Trading Discussion / Re: Apparently PayPal can no longer be used to buy/sell Bitcoin mining hardware on: May 11, 2013, 08:48:21 PM
I can see why there's a problem with bitcoin miners tbh, I think Butterfly labs excepting paypal has meant that a lot of money is riding on if they ever deliver, supposedly BFL have only been sending out a small number to keep paypal happy so it makes more sense that they don't want their claim system over run being somewhat dodgy transactions.

At the end of the day eventually we'll see thing like Paypal hopefully become a thing of the past, it's really a horrible company.
83  Economy / Currency exchange / Re: WTS: BTC for PayPal on: May 11, 2013, 07:56:54 PM
Looking for MTGox Rate + £2 - £5 for PayPal Fees and MTGox Fee's

Sorry, but that doesn't make a lot of sense, so your charging £7 over the MtGox value or -£3 on the MtGox value?
84  Bitcoin / Hardware / Re: Dreaming about open sourcing an ASIC chip on: May 11, 2013, 07:34:55 PM
On the other hand, if you look at things like the Raspberry Pie boards, they wanted to originally manufacture in the UK but couldn't because ultimately in VAT it cost more to import each component then have them sent to china and then imported as a whole, they some how got around this later on but I guess it was only due to price drops in demand that made it more feasible.



Nope it was assembly price/bulk assembly.

UK VAT is 20% whether it's individual pieces or the whole product. Think about it, the materials would be cheaper than the final product so the VAT on materials is LOWER than the VAT on the finished product. Doh.

Actually... because sadly I hate to lose I went and looked this up, a quote from the raspberry pi blog:

"I’d like to draw attention to one cost in particular that really created problems for us in Britain. Simply put, if we build the Raspberry Pi in Britain, we have to pay a lot more tax. If a British company imports components, it has to pay tax on those (and most components are not made in the UK). If, however, a completed device is made abroad and imported into the UK – with all of those components soldered onto it – it does not attract any import duty at all. This means that it’s really, really tax inefficient for an electronics company to do its manufacturing in Britain, and it’s one of the reasons that so much of our manufacturing goes overseas. Right now, the way things stand means that a company doing its manufacturing abroad, depriving the UK economy, gets a tax break. It’s an absolutely mad way for the Inland Revenue to be running things, and it’s an issue we’ve taken up with the Department for Business, Innovation and Skills.

So we have had to make the pragmatic decision and look to Taiwan and China for our manufacturing, at least for this first batch. We are still working hard on investigating UK possibilities; at the moment, we’re investigating an option which would mean that all the Model As (whose demand we expect to be much lower than that of the Model Bs) will be built in the UK, and at the moment that’s looking quite do-able, although it’s not as efficient economically as doing it in Asia. I’ll fill you in on how that goes later on."

Link here if you want to claim foul http://www.raspberrypi.org/archives/509

And before it, yes the reason I stated was slightly different to what it actually was but it was tax related any generally I was just making a point that the difficulty with ASCI chip production is making it efficient while competing with companies who can use proper factories and use investment money to make them in bulk.

Grin, received via pm:

Hi..we're IC designer team.
we've been already complete the ASIC miner chip.
But we havn't enough money to start it.
W just want to find somebody pledge us.
if you can.we are happy to open the source and be the cheapest chip supplier.
Because we want the bitcoin stronger too.
Very thanks

Looks legit!


Well, it could quite easily be a scam but if they want to give their design away for free then surely they'd do it already or at worse look for small investors for prototypes to then use for a kick starter scheme.
85  Economy / Currency exchange / Re: WTS: BTC for PayPal on: May 11, 2013, 07:03:41 PM
As discussed via PM - Escrow was refused as I have not used the service before, you could have suggested a provider that we could mutually agree upon.

I understand why people should be 'Alert' when completing trades like this, but you Sir have just made me out to be complete Scum which I do not accept!

Any trustworthiness you had would have just been thrown out of the window on any other trade.

What's your selling price?
86  Bitcoin / Hardware / Re: Dreaming about open sourcing an ASIC chip on: May 11, 2013, 12:14:05 PM
Grin, received via pm:

Hi..we're IC designer team.
we've been already complete the ASIC miner chip.
But we havn't enough money to start it.
W just want to find somebody pledge us.
if you can.we are happy to open the source and be the cheapest chip supplier.
Because we want the bitcoin stronger too.
Very thanks

Did they even state how much they are looking for?
87  Bitcoin / Hardware / Re: Dreaming about open sourcing an ASIC chip on: May 11, 2013, 11:44:16 AM
Actually, find a good designer in your own country and at the same time shop around in china for a chip factory with some basic specs of manufacturing requirements from the designer, then get the final design and pump out the prototypes. the problem with ASIC is that to get the best grade of power efficient to hash cracking ratio you need to use more and more complex techniques in that process which makes it harder to just 'do it yourself'. On the other hand, if you look at things like the Raspberry Pie boards, they wanted to originally manufacture in the UK but couldn't because ultimately in VAT it cost more to import each component then have them sent to china and then imported as a whole, they some how got around this later on but I guess it was only due to price drops in demand that made it more feasible.

So ultimately, you could come up with an 'open source' design but chances are the design wouldn't matter if it was open source as it's access to manufacturing and distribution is the difficult bit.
88  Other / Beginners & Help / Re: I just WON 51btc from satoshi dices BY ACCIDENT!!! on: May 10, 2013, 08:14:48 PM
Congrats, but I once played with 0.5 BTC (value was quite small still, like £15 at most), got some kind of beginners luck, doubled it, then stupidly kept going and lost my profit and my original 0.5, won't ideally ever touch it again except for small, 'scratch card' playing .e.g. like 0.01 on lowish odds
89  Bitcoin / Bitcoin Discussion / Re: Are these massive satoshi dice wins real? on: May 10, 2013, 07:38:43 PM
http://satoshidice.com/full.php?tx=d602ad09f967f11d50fcb2f98df8d001a812ce4965d6e69340f8961aeb32f27c
Bet less than 1, received nearly 2k back. Ie instant $2mill at today's prices.

Why not? it's gambling, if the odds are small the prizes are big, it's just the lowest odds on satoshi dice are incredibly thin, altho, i'd rather play it over the lottery personally, just if you use it don't go crazy, gambling never pays off well even if your 'winning'
90  Economy / Service Discussion / Re: What happened to blockchain? on: May 10, 2013, 03:05:19 PM
Blockchain is not allowing buying using Barclays Pingit or others anymore nor does it support buying using phone or sms.
Is it me or everyone has the same problem?

it's everyone, they tweeted about not being able to take UK payments that way now or something.
91  Bitcoin / Mining support / Re: Safe Temperature for a single 7850 to run 24/7 ? on: May 10, 2013, 06:57:53 AM
good advice; I turned the fan up to 100% and underclocked the memory as you suggested which gave me an increase of an average 5 Mh/s & the temp. dropped about 4C. thanks!!  Smiley


Your welcome, you'll pick these things up over time, I had never overclocked anything until doing mining and some people make it out to be some scary process but ultimately if your not messing around with voltage you should be able to push things further and further
92  Bitcoin / Mining support / Re: Safe Temperature for a single 7850 to run 24/7 ? on: May 09, 2013, 11:16:31 PM
Hey,

I'm not an expert here, but I run 2 6950 cards in my rig things I know:

You shouldn't ideally go over 80c, 85c from what I understand these should be your max temp ideally, you can go over but once they hit 90-100 they start to cook complete, personally I run mine around 69-73 but I run my machine with the fan on high for the sake of keeping the temps low at all times.

You should actually be unclocking the memory, memory isn't used at all, I've not worked out the science of this but basically mine without the memory underclock wouldn't mine in a stable manner, and it's also the memory that adds a lot of heat, I underclock mine to 795Mhz.

My main thought is, 300Mh/s seems low for that card (you can guestimate what you should be doing from here https://en.bitcoin.it/wiki/Mining_hardware_comparison), maybe you should try a better miner like CGminer or look to use Linux rather than Windows if your in this for the real mining experience.
93  Bitcoin / Group buys / Re: [Group Buy - UK Trader] Block Erupter USB on: May 09, 2013, 08:42:29 AM
Is there much in the way of an estimated time scale for you receiving the parts and how long it'll take to ship all them out?

If the auction is successful, the order is fulfilled and the payment is made. A refund can be only requested before a tracking number is generated.

I assume that means you'll allow us to pull out and receive a full refund up until when the delivery is to be made?
94  Alternate cryptocurrencies / Altcoin Discussion / Re: Am I Doing It Right? on: May 08, 2013, 02:56:25 PM
yeah that looks more like what you should be getting
95  Bitcoin / Project Development / Re: [Bounty 100 BTC] - Require PHP 'Codeigniter' web developer on: May 08, 2013, 10:47:07 AM
Hi, I see that this is a month old, but I meet the requirements (bar experience with bitcoind's rpc interface but I've been look into it heavily atm) and would definitely be interested in discussing this project with you as I'm currently working on something which uses very similar architecture.

I'd need to know what scale or functionality your looking for to be able to discuss a bidding price though.
96  Alternate cryptocurrencies / Altcoin Discussion / Re: Am I Doing It Right? on: May 08, 2013, 08:01:12 AM
600 k/h each or 600 k/h total? those cards should each be sitting higher than 500.

https://en.bitcoin.it/wiki/Mining_hardware_comparison

is where the settings/speeds list is.

Yeah, you do realise the difference between Kh/s and Mh/s right?
97  Bitcoin / Mining software (miners) / Re: What miner to use for OSX - Mountain Lion on: May 08, 2013, 07:48:02 AM
I would suggest using low intensity when trying to mine on Macs, it's true that if the graphics card goes in one you've destroyed an expensive machine for the sake of hardly any coins which isn't clever, so think about that.

But I used DiabloMiner and honestly, it's not worth it, look into CGMiner, works so much better and more flexible in use of it, it requires learning to compile it unless you can find a premade binary for Mac, or for a small bitcoin donation I'll sort you out.

This is only if you have a Mac with a Radeon card though, if it's NVidia (all 2012 models are Nvidia), seriously don't bother you'll make nothing worth the wear you'll put on your graphics card.
98  Alternate cryptocurrencies / Altcoin Discussion / Re: Am I Doing It Right? on: May 07, 2013, 10:31:47 PM
That seems to be very low output, I've done 750Mh/s using dual 6950 graphic cards (overclocked to 905Mhz and memory underclock to 765Mhz), this had at it's best time netted me 1BTC a week. Your setup doesn't even seem to be utilizing the graphics cards correctly if that figure is to be believed, what version of the AMD graphic drivers are you using? My suggestion is you download GPU-Z and post a screen shot.

I personally wouldn't have recommended having that much RAM personally unless you had another use for the computer, same with the processor, there's little need for more than a dual core as you won't be using any of that CPU for mining.

My idea of building a rig is to spend more time on grabbing parts of Ebay or trying to find people looking to make quick money selling off bits of their gaming rigs so they can get the latest gear.

Also, in my opinion a Linux rig is a lot nicer to run, but each to their own.
99  Other / Beginners & Help / Re: Whats your setup? Hobbyist Miners on: May 05, 2013, 05:03:51 PM
Is there much to be made in other coin types, I find it hard enough to get bitcoin into GBP, surely other currencies require quite a bit of work to move them around to whatever you need?
100  Bitcoin / Group buys / Re: [Group Buy - UK Re-shipper] Block Erupter USB on: May 05, 2013, 11:27:23 AM
What kind or price are we talking per unit? Sorry if this seems a dumb thing to ask.

1.99BTC per unit + 0.01 FEE + SHIP fee

These only do 300MH/s right?
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