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8321  Alternate cryptocurrencies / Mining (Altcoins) / Re: CgMiner Rejecting all, please help on: February 09, 2015, 02:56:11 AM
That intensity is pretty high.  This can cause memory to be overwritten and cause HW errors.
Start with something lower like even -I 10 and see what you get.  If it works, increase it while CGminer is running. Hit G for GPU and then C for changes settings and then I think there is an I for intensity and you can enter a higher value while it is running.

 Also, before you begin mining, delete any previous scrypt*.bin file in the cgminer directory.  It will create a new one based on your initial setting that way.
8322  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: February 08, 2015, 02:55:35 PM
Just wonderful Roll Eyes Invested in it for the first time last night 1.2BTC, went to bed, woke up to the e-mail announcement, now it's worth 1.08 and will probably keep dropping.
I can still hope that mining continues and we'll see a huge 20 day dividend payout in March and the price go back up.
But considering my luck so far with bitcoin mining operations and chinese businesses, it's perfectly reasonable for me to expect it is far more likely for their factories to be hit by meteors in the next week than for that to happen.

They are still mining; the Icelandic Farm staff are not on holiday Wink

 Stop spreading lies.  AMHash has neither an Icelandic Farm nor Icelandic Farm hash.
8323  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: February 08, 2015, 02:50:48 PM
All of us celebrate new year but first of all we finish our work even we do that in last day.
Some of us also must work even if is new year celebration because peoples need energy,water,gas and need some services to go on non stop.Chinese are hard working people and i dont think eveything is freezed there because the celebration.
I was once again around new year celebration in situation to meet queen Elsa and i hope dont meet her again.
I wait for a withdraw from 29.01 and i make ticket in 31.01 without any answer until now.

#1308   0.012700000   2015-01-29 01:56:16   Completed      0.000000000

I dont think this is a good sign.
Hope to be wrong and i am happy i sold all my amhash speed few days ago.
BR to all.


This is daftest post ever Huh

AMhash owns the Bitcoin Farms in Iceland; they build Bitcoin farms for big investors Shocked

The reason why all the staff are getting extra holidays is self-evident Lips sealed

If, you are unhappy sell your shares at Havelock Tongue

Then, you can buy them back at loss in March, but at a substantial premuim from me Cheesy

 What a load of shit.  You have no idea what you're talking about.
AMHash mining farms are located both in the north and south China.
8324  Economy / Services / Re: Can you hack our site? 1 BTC reward on: February 08, 2015, 03:17:30 AM
What would be the ramifications if one were to hack this site, send a list of the vulnerabilities to the OP only to find out later it was not in fact OPs site?  
8325  Other / Off-topic / Re: Roll up the rim to win is back! on: February 08, 2015, 01:05:36 AM
I'm two for six so far.  One coffee and one donut.
8326  Bitcoin / Mining speculation / Re: Need Help Making a Decision on: February 07, 2015, 08:32:11 PM
So I was thinking of Unobtainium? Is that a good one to start with?

Very rarely are any of the SHA alts more profitable than BTC to mine.

http://www.coinwarz.com/miningprofitability/sha-256

Currently, UNO returns 27% of regular BTC mining. Not worth it, to say the least. And if you're going to mine any of the other flaky shit coins like SaffronCoin, mine and sell-off as fast as you can before the coin flatlines.

don't let you tell bogus.
Uno is a good choice as it's on the up and btc on the down. In Uno you have less competition from other miners and those coins will be worth much more in the future. Mine the coin that's on the up, not the coin that's on the down. If you want mine and sell directly mine bitcoin or flaky shitcoins. If you want to mine and hold - mine Uno. Uno is top notch altcoin and will likely appreciate a lot this year.

UNO is a fine coin... one of the best alt coins, in my opinion. But anyone with a SHA ASIC miner would be a fool to mine a coin that returns only 27% of what they'd earn mining BTC.

 Yes; much better to sell the SHA miner for Uno directly, bypassing all the middlemen involved in the convoluted route from SHA miner to Uno coin that is fraught with fees and risk.
8327  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: February 07, 2015, 07:15:24 PM
Doubling the current difficult would require the additional usage of 26,9565 Bitman S5 ($413 plus PSU plus extras $600) units or their equivalent alternatives.

That's a major flaw in your argument. The next generation of 28nm ASICs from ASICMiner, BitFury and Sponddooies all promising less than 0.2 J/gh will be available soon. All those companies have 16nm plans (as does KNC which has apparently already taped out) for later this year as well. Those 16nm ASICs are expected to use around 0.05 J/Gh making them 10x more efficient than an S5.



Electricity only accounts for 30% of the price of mining a Bitcoin in the USA  (10 cent a watt) Tongue

Electricity only accounts for 9% of the price of mining a Bitcoin in Iceland (3 cent a watt) Tongue

For a Bitcoin Farm in Iceland using mining equipment using 0.7Watts per 1GHs; new equipment producing at 0.2 per a watt represents a saving on electricity bills of only 6.48%.

Therefore, for the cost of Bitcoin Farm in Iceland, the electricity bill will come down to just 2.52%, but this is not really worth investing in tonnes of new mining equipment even if it is mining at 0.2Watts per 1GHs and these are insufficient savings to generate doubling of the Bitcoin network hashpower Cheesy

In the USA, even 22.5% reduction in the electricity bill, only makes it worth replacing ancient 1.2Watt and 1Watt mining units and maybe some of the 1Watt units Shocked

Earlier calculations showed these units are switched off automatically when BTC price is under $220 and difficulty is 44 billion. Therefore, it will be a straight swapover for miners and it guarantees a BTC price of between $200 to $250 all the way into the Block Halving in 2016.

However, the savings on each Bitcoin mined is insufficient to double network hashpower.

You see, at a sub-$230 price for Bitcoins such electricity savings are marginal factors on ROI. If, like last year Bitcoin price was between $300 to $500 per a Bitcoin, I would agree with you that the network difficulty would be guaranteed to double Wink

 

 Why don't you post this in the speculation (or /dev/null) thread where it (sort of) belongs?
8328  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: February 07, 2015, 06:52:40 PM
Doubling the current difficult would require the additional usage of 26,9565 Bitman S5 ($413 plus PSU plus extras $600) units or their equivalent alternatives.

That's a major flaw in your argument. The next generation of 28nm ASICs from ASICMiner, BitFury and Sponddooies all promising less than 0.2 J/gh will be available soon. All those companies have 16nm plans (as does KNC which has apparently already taped out) for later this year as well. Those 16nm ASICs are expected to use around 0.05 J/Gh making them 10x more efficient than an S5.



 What the hell though, if  thevictimofuktyranny says bitcoin diff stays below 50 billion for the rest of this year, who am I to argue?  I'm going to start loading up on AMHash shares and Asicminer Prisma 2.0s  //QED  LMFAO
8329  Other / Archival / LPS pawprint on: February 07, 2015, 04:57:38 PM
Of the scores of Littlest Pet Shop pets my daughter has, none have the paw print code necessary to scan so she can import them into the LPS online game.  We found one with a paw print on the foot but all attempts at scanning have proved fruitless.  Can somebody post an image of one of these codes so we can see what to look for please?


edit: My daughter set out a few to show what I'm talking about



No paw print codes.
8330  Economy / Speculation / Re: Spent over 1000USD on: February 06, 2015, 01:06:49 PM
Wow. Posting in epic thread.

The only thing lacking is a grilled cheese sandwich.



Surely we can all agree that grilled cheese sandwiches are both grilled and contain cheese?

 No, I have to take exception with this.  What people purport to be grilling is actually frying as the sandwich (containing non-grilled cheese I should add) is actually cooked on a flat griddle and not on a grill.  Also, any attempt to grill cheese for a sandwich would result in a gooey mess and more than likely a small fire.
8331  Bitcoin / Pools / Re: [16000 TH] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers on: February 05, 2015, 10:16:18 AM
Is this dropping in luck comes from more orphaned blocks?

 No.  Mining is probability based so its luck (also called variance).
It doesn't really have anything to do with orphaned blocks.
8332  Bitcoin / Pools / Re: [16000 TH] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers on: February 04, 2015, 07:28:50 PM
Everything is running normally, there are no issues with the servers.  People like to throw around withholding attack on every pool having bad luck (plenty of people were talking about the same thing on Eligius).  There is no large scale withholding attack, unless they are doing it in a way that involves a significant number of accounts.

All of the fastest users on the pool (who make up the majority of the pool hash rate) are well within expected block solving rates.  That doesn't mean there isn't withholding, or bugged hardware out there, but it means that the only accounts exhibiting enough hash rate to have a noticeable impact are definitely not withholding blocks.

 Thanks for the response.  I was hoping to get the assurance that you were aware of and watching for such things.
 
8333  Bitcoin / Pools / Re: [16000 TH] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers on: February 04, 2015, 01:59:10 AM
This is a rather long streak of poor luck: 65% over two weeks?!  Is this a block-withholding attack, are we being scammed (edit: I mean by a larger pool - I have the utmost trust and respect for eleuthria) or is this considered a normal distribution?  I was trying to weather the bad luck but I am running at a loss after electricity alone at these lower-than-normal rewards.  I'm going to have to move my miners.



8334  Other / Off-topic / Re: Who Will Win The SuperBowl? on: February 02, 2015, 03:27:43 AM
I had to work until 7 but I saw from the halftime show onward.  That was awesome!!  They took it right down to the wire.
Once the Steelers are out I don't usually care but damn that was a nice game to watch.
8335  Economy / Services / Re: [Paying] 0.02 For Each Idea on: February 01, 2015, 03:41:10 AM
Oh!!

 How about an article on "Comparisons of upcoming faucets" or "Why decentralized social networks aren't worth your time"?!

You can tip me here for those: 1BubbLingsoup9hqv7cjnnrWFt9GmEmCHS
8336  Bitcoin / Bitcoin Discussion / Re: Rare address hall of fame on: January 31, 2015, 03:15:17 AM
How about a 12 character two word address?  Is it hall of fame worthy?

1BubbLingsoup9hqv7cjnnrWFt9GmEmCHS

8337  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: January 30, 2015, 05:37:21 PM
TheRama, when you buy those cloud mining contracts or units or whatever else itīs called, you are in effect lending the operators money to upgrade their equipment or expand their current one or other things they need money for.

When you buy cloud mining contracts off a manufacturer, you're not lending them money, you are essentially buying miners and having them run them for you at a lower cost.


Thatīs your perception Mabsark and thatīs fine. I have a different view which suits my objectives.

No, that's a fact.  Changing views won't change the underlying reality. (i.e. things don't become real because you think of them).

Like I said a few times already (clearly necessary to repeat because of dubious reading comprehension of some) itīs my view. I donīt care if itīs a fact or not this view simply works for me and my decisions in this marketplace.

 When you convey potentially flawed information to others as factual you should expect protests.  I think you do expect that and that you can be a bit of a troll at times.
 

Where am I supposed to have stated that my opinion regarding this matter is factual ?

 Right here -

TheRama, when you buy those cloud mining contracts or units or whatever else itīs called, you are in effect lending the operators money to upgrade their equipment or expand their current one or other things they need money for.

So, itīs really just a question of ...

8338  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: January 30, 2015, 05:16:40 PM
TheRama, when you buy those cloud mining contracts or units or whatever else itīs called, you are in effect lending the operators money to upgrade their equipment or expand their current one or other things they need money for.

When you buy cloud mining contracts off a manufacturer, you're not lending them money, you are essentially buying miners and having them run them for you at a lower cost.


Thatīs your perception Mabsark and thatīs fine. I have a different view which suits my objectives.

No, that's a fact.  Changing views won't change the underlying reality. (i.e. things don't become real because you think of them).

Like I said a few times already (clearly necessary to repeat because of dubious reading comprehension of some) itīs my view. I donīt care if itīs a fact or not this view simply works for me and my decisions in this marketplace.

 When you convey potentially flawed information to others as factual you should expect protests.  I think you do expect that and that you can be a bit of a troll at times.
 
8339  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 30, 2015, 03:52:12 AM
I was looking at my AM spreadsheet tonight.
There are 2 shares of AM I bought for 4 BTC each.
And, 1 share for 4.2 BTC.

I died a little inside.


 Well if you pretend Bitcoin was only worth between $70 and $100 when you made the purchase it might be a little easier to take.  Also if you buy another 12.2 Bitcoin worth today at 0.1BTC per share, you can lower your average buy price to 0.1952 BTC and when the share value goes to 0.1952 BTC with a successful BE300 miner announcement you can sell and get all your bitcoins back. Wink
8340  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: January 30, 2015, 03:31:42 AM
Sorry if this is a super newbie question, but I am trying to understand what this is...

Please let me know if I got this right:

The bitcoin mining difficulty is constantly increasing as more people are competing to mine the same # of bitcoins and the number of "mine-able" bitcoins decrease.

AMHASH1 is a contract for the use of the current mining equipment on hand right now and AMHASH1 will never upgrade its equipment through their servicing fee.  This equipment will eventually be made obsolete because of the mining difficulty issue.  Once the equipment becomes too inefficient to produce a profit for the contract holders they will cease operation, the shares will no longer pay a dividend and will become worthless.

The primary variables that affect how long the cloudmining contract can continue and produce dividends is the price of BTC and  the rate of the increase of the mining difficulty.  Contract holders are just speculating that the contract will eventually at least pay dividends worth at least 100% of the price of the contract before AMHASH1 inevitably goes out of business.


Is this roughly how this works?

  The AMHash1 contract will expire based on predetermined variables that are clearly laid out in the first post of this thread.  How you come to the illogical conclusion that AMHash1 inevitably goes out of business and who are you going to believe if you get both answers to your question?
 
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