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821  Bitcoin / Mining / Re: IT Administrator Mining on: March 06, 2012, 03:31:08 PM
If the 92 in OP's name is his birth year, it explains a lot. Cool
822  Economy / Speculation / Re: The name's Trap! on: March 06, 2012, 01:14:08 AM
823  Other / Off-topic / Re: The AR-15 bitcoin project on: March 06, 2012, 12:59:15 AM
Guys, you're being trolled by anti-gun people.
824  Bitcoin / Pools / Re: [320GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool on: March 05, 2012, 11:29:28 PM
damn the day of blocks we got going on. Shocked
I ain't complainin'
825  Other / Off-topic / Re: The AR-15 bitcoin project on: March 05, 2012, 03:05:56 PM
You planning on taking receipt of that lower receiver directly without an FFL?
826  Bitcoin / Pools / Re: [320GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool on: March 05, 2012, 02:59:08 PM
So in other words little guys like me doing 200 MH/s should probably just stick with a traditional pool until these p2pool issues are settled.

Well p2pool may not grow any larger so it may not matter.  Still at 200 MH/s p2pool growing larger doesn't help your variance.  In the long run you expected return remains the same however in short run higher hashing power results in more variance.

If/when p2pool grows larger it becomes more of a concern.  If you want to use a conventional pool try p2pool hybrid pool (it provides a 1 difficulty shares as a front end to p2pool so you can still support p2pool indirectly).

I'm willing to "support" p2pool if it benefits me, but I really don't see any advantage for myself at this point.  There are 0% fee pools that give me a steady payout.  I'm agnostic on the arguments about whether p2pool is "better" than normal pools so I'll do whatever gets me the most BTC on average.

Security isn't an issue for me since if the pool's web site is hacked I'll only lose less than 1 day's worth of mined BTC.
827  Bitcoin / Pools / Re: [320GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool on: March 05, 2012, 02:22:57 PM
Anyone else notice the trend of rising hashing power and falling users?  The avg hashing power per user is rising.

Higher network hashing power = lower block variance.
Higher network hashing power = higher share variance.

The above combo is a win-win for large miners but a win-lose for smaller ones.  Taken to the extreme at 600 GH/s avg block time is roughly 3 hour (current difficulty).  However at 600 GH/s share difficulty is ~1400 and for a 500 MH/s miner that means a 3.3 hour share time.  Further increases in network hashing power mean increased not reduced effective variance.

Of course there are potential solutions I am just pontificating.  

So in other words little guys like me doing 200 MH/s should probably just stick with a traditional pool until these p2pool issues are settled.
828  Bitcoin / Pools / Re: [320GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool on: March 05, 2012, 01:14:52 AM
I think it is time for some lucky blocks! 

Beware The Gambler's Fallacy.  Cool
829  Bitcoin / Bitcoin Discussion / Re: Native Americans + Bitcoin on: March 04, 2012, 03:34:52 PM
Not sure they need it.  Last I checked they were bragging about beating Whitey at his own game by opening casinos on their reservations.
830  Economy / Marketplace / Re: The Armory - Weapon Marketplace on: March 03, 2012, 01:14:17 AM
And so the arguments go on and on with no resolution.

Here in the US, the land of free gun ownership, there are plenty of people who'd love to see the Second Amendment repealed.

And I know for a fact that in the UK there are plenty of folks who wish they had something like their own Second Amendment.
831  Bitcoin / Mining / Re: How much do you pay for power? on: March 01, 2012, 08:24:26 PM
Pic of my little farm is on my website below.

Still building the company up but plan to accept bitcoins in the UK and even got the accountant to give it a greenlight.

http://www.pyroissolar.co.uk/

Wow, who woulda thought!  I generally don't associate jolly ole' England with sunny days. Cheesy
832  Other / Beginners & Help / Re: Songs for the digital Klondike on: March 01, 2012, 02:17:03 PM
I'm a lumberjack and I'm OK
I sleep all night and I work all day!
833  Bitcoin / Mining / Re: How much do you pay for power? on: March 01, 2012, 11:29:44 AM
When I buy it £0.12 but when I make it I get £0.42 .

/Smug solar farmer mining away  Cheesy

Pics or it didn't happen.

Also, I pay $0.083/kwh in Maryland, USA
834  Bitcoin / Bitcoin Discussion / Re: Ron Paul is the Bitcoin candidate: not Barack Obama, not standard candidates. on: March 01, 2012, 12:03:03 AM
can we have a US forum to discuss stuff like this?
its kinda annoying having your local politics all over the forum again and again.


Don't worry we'll all get over it in about 8 months.
835  Bitcoin / Bitcoin Discussion / Re: Ron Paul is the Bitcoin candidate: not Barack Obama, not standard candidates. on: February 29, 2012, 09:59:28 PM
I acknolwledge that my voting for Ron Paul is a Quixotic gesture.
I simply cannot bring myself to vote for any other candidate and must vote my conscience, no matter what.
836  Bitcoin / Bitcoin Discussion / Re: Ron Paul is the Bitcoin candidate: not Barack Obama, not standard candidates. on: February 29, 2012, 09:35:36 PM
He won't win the Republican nomination and I'm not sure he'll run as an independent.

But I fully intend to write his old ass in on election day if I have to.
837  Bitcoin / Mining / Re: How much do you pay for power? on: February 29, 2012, 07:09:26 PM
Free power here Wink

Mom's basement?
838  Economy / Marketplace / Re: The Armory - Weapon Marketplace on: February 29, 2012, 06:22:25 PM
Every idiot can now get a gun via Armory, which is the topic of this thread.

Every idiot can and already does get guns completely off the books right now without The Armory.
They're called gangstas.
839  Other / Off-topic / Re: I JUST GOT BACK!!!!! on: February 29, 2012, 01:39:02 AM
Must be nice being outta mawm's basement huh. Cheesy
840  Bitcoin / Mining software (miners) / Re: p2pcoin - a self contained p2pool node - boots from CD, USB or network on: February 28, 2012, 07:43:29 PM
Everything including forum usernames has a combination of the words "bit", "coin", "pool", "BTC" etc in them.  What's to be confused about? Cheesy
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