 Show Posts
|
|
Pages: « 1 2 3 4 [5] 6 »
|
|
if you go to blockexplorer.com you can find out this for any solved block. Just click on its link on the left and the first transaction of the block will show the reward bitcoins (currently 50 bitcoins) and the total of all fees collected for that block. This can range from a few bitcents (often) to several bitcoins (rare). In general, the larger the block, the more the transaction fees it holds, but not always.
|
|
|
|
If you look through the official thread for this, about 3/4 of the way through there is a link for an already compiled version. This is the one I'm using right now on a core 2 duo Debian setup and getting 6MH/s from it on 2 threads. The only weirdness I've seen from it so far is that the time-stamp is 1 hour off. I'm guessing that whoever compiled it lives in Central time zone  |
|
|
|
|
What do you think of taking a bad password (that's easy to remember) and making good? For instance:
Bad password: riceball
Why it's bad: dictionary word, no numbers, no symbols, no capital letters, all lower case
Would probably fall to a dictionary attack on a standard home computer in two days or less.
Now lets transform it....
Add capital letters: Riceball
Add numbers: Ric38a11
Add symbols: Ric3!8411
Now it's no longer a standard dictionary word (but still is based on one) and you have increased the keyspace needed to brute force it from 26^8 to at least 70^9 (depending on what symbols are accepted by the system).
I still wouldn't secure money with this (MtGox, PayPal, your bank, etc) but I think it would be fine for something like these forums or Facebook and the like. Thoughts?
|
|
|
|
|
The Bitcoin app will automatically purge some of that when you close it. When I first installed it I let it run for almost 8 days without shutting it down. It grew to a bit over 1.8 GB in size for the whole .bitcoin directory and sub directories. After shutting it down and restarting it it's down to about 820 MB.
tl;dr once you download the full block chain shut it down for 5 min and then restart and it will purge out most of the crap
|
|
|
|
Why is it so hard to just point to the documentation on these hidden fees? It's because it doesn't exist. Or at least Google doesn't know about it, which is the same thing.  Google has this on the first page for "bitcoin transaction fees": https://en.bitcoin.it/wiki/Transaction_feeThe trouble with that wiki article is that in the third paragraph it states "Transaction fees are voluntary on the part of the person making the bitcoin transaction..." (emphasis added). This implies that if you set the transaction fee option to 0.00 BTC that there will be no fee incurred. What is being discussed here is an involuntary transaction fee that is being automatically added by the client even with the transaction fee option being set to 0.00 BTC. What is being asked is: How many confirmations are required to avoid this involuntary transaction fee? The wiki link above is silent on this issue. It's not an easy question. I'll try to break it down. When creating a transaction, it looks through your wallet and tries to select the coins that come closest to equal to your target value. The coins it selects are evaluated on their size (in BTC) and age. That whole amount is then divided by the total transaction size. A typical transaction is about 250 bytes. (One input transaction, two output transactions). So if your input transaction is worth 1 Bitcoin and has an age of 144 blocks (about a day), then they are allowed for free processing. If it is worth 0.5 Bitcoins, then two days, if .25, then 4 days, etc. If it's not eligible for free processing, the transaction fee is set to 0.01 BTC. If any of your outputs is less than 0.01 BTC, the transaction fee is also set to 0.01 BTC. If you have change due from your transaction that is less than 0.01, it will include it as a fee instead. So all in all, it depends on the coins you have in your wallet, which ones the algorithm selects, how big those coins are, how many confirmations they have, and the size of your outputs. Now as far as miners are concerned, they'll accept a 0.0005 fee rather than 0.01 fee for some reason, but they otherwise seem to use the same logic as to which blocks they will accept for free processing. However, if a block is submitted for acceptance, all this fee logic is not checked and it will accept any block so long as the inputs of the transaction are equal to or greater than the output. So if somebody were to program a rogue miner that accepted transactions no matter what, whenever it generated a block, it would be no problem for the network, but the default miners will not accept your transaction unless it has the correct fee attached. Hope that helps. Thanks, that's a bit clearer now. Perhaps someone should change the wiki to emphasize that setting the transaction fee to 0.00 BTC does not guarantee a 0.00 BTC transaction fee in all cases. On a tangent to this, is there a point where a transaction stops getting confirmations? I took a payment from mining a few days ago and it's at almost 650 confirmations. Does it ever just become 'confirmed' or does it continue to gather confirmations until spent? |
|
|
|
|
After looking over the list, and giving myself whiplash from all my head shaking, I've concluded that Ron White was right: You just can't fix stupid.
I think that this movie quote sums up everything nicely (in a sad sort of way):
(King Roland has given in to Dark Helmet's threats, and is telling him the combination to the "air shield")
Roland: One.
Dark Helmet: One.
Colonel Sandurz: One.
Roland: Two.
Dark Helmet: Two.
Colonel Sandurz: Two.
Roland: Three.
Dark Helmet: Three.
Colonel Sandurz: Three.
Roland: Four.
Dark Helmet: Four.
Colonel Sandurz: Four.
Roland: Five.
Dark Helmet: Five.
Colonel Sandurz: Five.
Dark Helmet: So the combination is... one, two, three, four, five? That's the stupidest combination I've ever heard in my life! The kind of thing an idiot would have on his luggage!
...
President Skroob: Did it work? Where's the king?
Dark Helmet: It worked, sir. We have the combination.
President Skroob: Great. Now we can take every last breath of fresh air from Planet Druidia. What's the combination?
Colonel Sandurz: 1-2-3-4-5
President Skroob: 1-2-3-4-5?
Colonel Sandurz: Yes!
President Skroob: That's amazing. I've got the same combination on my luggage.
|
|
|
|
Why is it so hard to just point to the documentation on these hidden fees? It's because it doesn't exist. Or at least Google doesn't know about it, which is the same thing. Google has this on the first page for "bitcoin transaction fees": https://en.bitcoin.it/wiki/Transaction_feeThe trouble with that wiki article is that in the third paragraph it states "Transaction fees are voluntary on the part of the person making the bitcoin transaction..." (emphasis added). This implies that if you set the transaction fee option to 0.00 BTC that there will be no fee incurred. What is being discussed here is an involuntary transaction fee that is being automatically added by the client even with the transaction fee option being set to 0.00 BTC. What is being asked is: How many confirmations are required to avoid this involuntary transaction fee? The wiki link above is silent on this issue. |
|
|
|
|
Rather than look at it as good or bad, look at it in how things have historically gained traction when they were new.
- When the 'old west' was opening up one of the big draws was the presence of saloons, cat houses, and gambling parlors.
- When magazine subscriptions were starting to take off publications like Playboy were there.
- The debate between Betamax and VHS was partly settled because of video porn.
- The beginnings of the internet itself, while largely created for scientific and governmental purposes, contained large amounts of porn, wares, and hacking (and still does).
Many people may have looked down their noses at such things, but you can't deny the momentum that they helped create. So I ask back, Bitcoin should be any different? We're seeing a few merchants dip a tentative toe into the market, but they are few. What are most of the postings here about? SilkRoad and other black market places and lottery (gambling) type places. Getting good traction in the illegal/illicit areas seems to be a harbinger of better things to come.
I may be totally wrong, but that's how I see it.
|
|
|
|
Newegg.com 1 buy hardware with bitcoins 2 mine bitcoins with new hardware 3 buy better hardware with mined bitcoins 4 go to step 2  On a slightly more serious note, it would be nice if places like donorschoose.org took bitcoins. |
|
|
|
As someone that's a tail-end boomer myself, I'd say that my parents are more likely to be run over by the Bitcoin train  Mom is proud of herself, she can now do 'the email thing' without help anymore. Dad, who is old, set in his ways, and knows EVERYTHING EVER has recently been broken of his habit of shutting the computer down by turning off the switch on the power strip  Personally, I think I'd have better luck teaching my cat to make me coffee in the morning. Bitcoins, like computers and other technology, just aren't for some people. I still hear dad complain from time to time about how he misses Windows 3.1  |
|
|
|
Mikan needs a new orange box to hide in <------- Mikan |
|
|
|
Corporate society takes care of everything. And all it asks of anyone, all it's ever asked of anyone ever, is not to interfere with management decisions. -- Bartholomew (Rollerball) BRB, gettin' my 'foil hat  |
|
|
|
|
Might be a bit of overkill, but this is what I did...
I have 2 computers that I have wallets on. The first one was installed with all the default settings and runs all the time. This is the one I use to receive all transactions (but using several receiving addresses). I intend for this to be a day-to-day wallet that never holds more than several Bitcoins at any one time.
On my other computer I have my main 'bank wallet'. I installed TrueCrypt and made a 5GB volume (AES encryption, SHA256 hash, 11 character alpha-numeric password). This encrypted volume has both the Bitcoin program installed on it as well as the wallet data. After the initial install and getting the full blockchain downloaded, there is no need to have this open unless I am sending or receiving coins from it. At most it shouldn't need to be open at any time longer than about 15 min; the time it takes to update the blockchain to what is current plus the block that holds your 'change' transaction, if any.
|
|
|
|
|
Seemed a bit biased on the interviewers part. Couldn't shake the feeling that they were pushing the analogy of:
SR sells drugs and guns; therefore SR is BAD.
SR is BAD and uses Bitcoins; therefore Bitcoins are BAD.
Honest journalism has really gone to shit.
|
|
|
|
|
Figuring that you'll get about 30MH/s from each card and a total of 60MH/s combined, you should get about .5 Bitcoins per week. Of course this depends on a variety of things like mining software used, mining pool being used, and luck. At worse you could run your setup for about 10 to 12 weeks, cash out, and use that money to get a better card to mine with.
|
|
|
|
A little something I tinkered together that I though might be useful.
Bitcoin Value Chart
Value 5 BTC 1 BTC .75 BTC .50 BTC .25 BTC .10 BTC .05 BTC .01 BTC
$35.00 $175.00 $35.00 $26.25 $17.50 $8.75 $3.50 $1.75 $0.35
$34.00 $170.00 $34.00 $25.50 $17.00 $8.50 $3.40 $1.70 $0.34
$33.00 $165.00 $33.00 $24.75 $16.50 $8.25 $3.30 $1.65 $0.33
$32.00 $160.00 $32.00 $24.00 $16.00 $8.00 $3.20 $1.60 $0.32
$31.00 $155.00 $31.00 $23.25 $15.50 $7.75 $3.10 $1.55 $0.31
$30.00 $150.00 $30.00 $22.50 $15.00 $7.50 $3.00 $1.50 $0.30
$29.00 $145.00 $29.00 $21.75 $14.50 $7.25 $2.90 $1.45 $0.29
$28.00 $140.00 $28.00 $21.00 $14.00 $7.00 $2.80 $1.40 $0.28
$27.00 $135.00 $27.00 $20.25 $13.50 $6.75 $2.70 $1.35 $0.27
$26.00 $130.00 $26.00 $19.50 $13.00 $6.50 $2.60 $1.30 $0.26
$25.00 $125.00 $25.00 $18.75 $12.50 $6.25 $2.50 $1.25 $0.25
$24.00 $120.00 $24.00 $18.00 $12.00 $6.00 $2.40 $1.20 $0.24
$23.00 $115.00 $23.00 $17.25 $11.50 $5.75 $2.30 $1.15 $0.23
$22.00 $110.00 $22.00 $16.50 $11.00 $5.50 $2.20 $1.10 $0.22
$21.00 $105.00 $21.00 $15.75 $10.50 $5.25 $2.10 $1.05 $0.21
$20.00 $100.00 $20.00 $15.00 $10.00 $5.00 $2.00 $1.00 $0.20
$19.00 $95.00 $19.00 $14.25 $9.50 $4.75 $1.90 $0.95 $0.19
$18.00 $90.00 $18.00 $13.50 $9.00 $4.50 $1.80 $0.90 $0.18
$17.00 $85.00 $17.00 $12.75 $8.50 $4.25 $1.70 $0.85 $0.17
$16.00 $80.00 $16.00 $12.00 $8.00 $4.00 $1.60 $0.80 $0.16
$15.00 $75.00 $15.00 $11.25 $7.50 $3.75 $1.50 $0.75 $0.15
$14.00 $70.00 $14.00 $10.50 $7.00 $3.50 $1.40 $0.70 $0.14
$13.00 $65.00 $13.00 $9.75 $6.50 $3.25 $1.30 $0.65 $0.13
$12.00 $60.00 $12.00 $9.00 $6.00 $3.00 $1.20 $0.60 $0.12
$11.00 $55.00 $11.00 $8.25 $5.50 $2.75 $1.10 $0.55 $0.11
$10.00 $50.00 $10.00 $7.50 $5.00 $2.50 $1.00 $0.50 $0.10
$9.00 $45.00 $9.00 $6.75 $4.50 $2.25 $0.90 $0.45 $0.09
$8.00 $40.00 $8.00 $6.00 $4.00 $2.00 $0.80 $0.40 $0.08
$7.00 $35.00 $7.00 $5.25 $3.50 $1.75 $0.70 $0.35 $0.07
$6.00 $30.00 $6.00 $4.50 $3.00 $1.50 $0.60 $0.30 $0.06
$5.00 $25.00 $5.00 $3.75 $2.50 $1.25 $0.50 $0.25 $0.05
$4.00 $20.00 $4.00 $3.00 $2.00 $1.00 $0.40 $0.20 $0.04
$3.00 $15.00 $3.00 $2.25 $1.50 $0.75 $0.30 $0.15 $0.03
$2.00 $10.00 $2.00 $1.50 $1.00 $0.50 $0.20 $0.10 $0.02
$1.00 $5.00 $1.00 $0.75 $0.50 $0.25 $0.10 $0.05 $0.01
|
|
|
|
On the matter, wouldn't it be fairly easy to sneak malware onto any of the various parts of mining. The miner, the kernel, these are all exes that could be potentially tampered with.
Definately very easy, so only download from trusted sites / users. Which are those? I don't know, just got here If in doubt go to the 'mining software' sub-board of the 'mining' topic. In one of the stickies you will find a list of clients and their links for download. Download from those rather than from some random Google search. Lots of good info in there too on client recent changes, upcoming changes, and how to run/use. Good Luck. |
|
|
|
lol I love the name, but what's a bitnick?
It's a Bitcoin that wears beat up jeans and a t-shirt and hangs out on the corner. It tends to smell a bit funny too |
|
|
|
|
Why not just run WinRAR using WINE?
|
|
|
|
|
