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1  Bitcoin / Project Development / Re: I am going to build a true random number generator ... on: April 08, 2014, 07:10:11 AM
May I ask - what are you planning on using the RNG for? Because if it's for applications like generating passwords - it might not be that useful. If there are already quantumcomputers powerful enough to predict the movement of E.Coli..they will surely enough be powerful enough to just bruteforce the passwords.
2  Bitcoin / Bitcoin Discussion / Re: Instructions on how to build a qubitcoin miner (4346 PH/s on a Pentium 4 :o) on: April 01, 2014, 07:14:35 AM
Sound a lot like those cheats in the old pokemon games, should try it sometime. Thanks!
3  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: March 18, 2014, 11:35:11 AM
Could there be something wrong with the share counting? I'm only submitting 1 or 2 shares per minute with my 670kh, but the website reports a lot more.
Code:
ID	Ended	Shares (yours / total)	Blocks Found
14468 OPEN 12800 / 598881058 23
14467 2014-03-18 11:06:22 39936 / 753357798 4
14466 2014-03-18 10:54:01 27648 / 752247133 28
14465 2014-03-18 10:42:01 39936 / 773460473 0
14464 2014-03-18 10:29:32 39424 / 752870351 7
14463 2014-03-18 10:16:32 39936 / 758936519 10
14462 2014-03-18 10:02:52 43520 / 755157469 8
14461 2014-03-18 09:49:01 44544 / 754043309 13
14460 2014-03-18 09:35:06 56320 / 760331255 2
14459 2014-03-18 09:21:11 37888 / 755024321 10
4  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: March 14, 2014, 11:23:38 PM
just an idea: could you add Ghash to the graphs of what we are mining? if it's complicated - don't worry about it, but it'd be neat Smiley
5  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: March 14, 2014, 06:49:46 PM
The multiplier switch on Ghash just lowered to 25GH/s!
6  Bitcoin / Bitcoin Discussion / Re: Transaction reversability would be a good thing on: March 12, 2014, 02:32:36 PM
So you are saying we need reversability, to avoid hackers and man-in-the-middle attacks? Imo, the abuse of the reversability would be a lot worse. Instead take precautions so you don't get hacked or mitm'd.

If you want your transaction reversed, just ask the other person to send you the coins back!

/thread
7  Bitcoin / Bitcoin Discussion / Re: Bitcoin can replace the credit card today on: March 11, 2014, 03:36:09 PM
The blockchain is already 15 GiB. Bitcoin can't replace credit cards if we don't solve this problem.

Read Satoshi's original paper, chapter 7:

https://bitcoin.org/bitcoin.pdf

Explains how to prune the blockchain, to about 5MB/year. (removing transaction hashes, only keeping the merkle root hash in the end)
Now we just have to wait for devs to implement it!

Bandwidth is another thing.. Come-from-beyond has a good point, but if internet speeds keep rising, I personally think by the time BTC gets to 10000transactions/s this will be high enough.
A lot of home connections are already able to easily keep up with that speed.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: ~$10 USD worth of alt coin compensation for taking a brief survey. on: March 07, 2014, 11:12:03 AM
1) A lot of very small amounts from trying out various coins, and mining on multipools. I trade most coins instantly for BTC though.
2) In march 2012 I mined BTC/LTC for a few weeks, but was very busy with university so lost interest. Started again in december 2013.
3) Yes

4) I don't have enough time to actively do research, and invest/mine very new pump'n'dump coins. I benefit in small ways from them by mining in multipools that adopt these coins fairly early.
5) As I am interested in the internal workings of crypto-currencies in general, I like the quality-coins (B) more as they may have an impact on the future. I even spent some time thinking about how to improve them myself. I see mining more as a hobby instead of a way to make money. Being honest however, for mining I just pick the most profitable coin. Sadly, those are pump'n'dump coins (A) most of the time. I think this choice is based on me thinking that my puny hashrate won't make a difference.

6) Yes, definitely
7) For the motivations mentioned, I would even pay a higher price. After all, that's what life's about, no?

Cool I think alt coins have a positive influence on crypto-currency. A lot are copy/paste, but they raise questions and sometimes deal with problems. Eventually this will lead to improvements.
9) Yes, I think people that put a lot of effort in their job or elsewhere will eventually get noticed, and rewarded for it. Karma is a good way to motive yourself Smiley
10) Very sceptical about it. If what you say is honest and can be performed, it's a very nice dream/thought/idea. I think you have to provide some more info and certainty however to attract people in a forum filled with scammers.
9  Alternate cryptocurrencies / Mining (Altcoins) / Re: How are rejected shares related to mining intensity? on: March 04, 2014, 08:07:14 AM
It is possible the accepted rate is still higher even with a higher rejected rate because the gross rate is higher.

Thank you very much for the profound reply! I think I get it. What I don't get is, what the gross rate is all about. It't the first time I hear about it.
So your're saying I might be making more profit with more rejects/higher hashrate than by lowering intensity and reducing rejects.

Do all readers agree?  Wink

What matters is the amount of accepted shares. So although you might have more rejected shares with a higher intensity, the thing that matters - the accepted shares - is also higher.
Do a quick calculation to see your effective hashrate (in previous posts called 'gross rate' and choose what's best:

effective hashrate = raw hashrate x percentage of accepted shares

with:
raw hashrate = what miner reports
percentage of accepted shares = 100% - percentage of rejected shares
10  Bitcoin / Bitcoin Discussion / Re: What's the most stupid comment you've heard about bitcoin? on: February 28, 2014, 10:18:28 AM
my mom yesterday: my computer is slow, it's because of you mining bitcoins!
11  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: February 21, 2014, 03:38:03 PM
I don't know if this has anything to do with the pool or am I doing something wrong? started happening after the difficulty adjustment, hardly getting any shares through. "lost xx shares due to stratum disconnect on pool 0"

12  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: February 21, 2014, 01:03:00 PM


there seems to be a problem with worker difficulty. my difficulty shot up to 512, i'm only mining at 700kh/s and have d=64 set as password, does anyone have similar problems?

read this.

Good Morning poolwaffle - I sympathise with the problem & really admire the effort you are putting in to make the pool the best it can be.

Just to try thinking outside the box for a moment and to try to gain an advantage by acting slightly differently to other pools - could you preempt a coin becoming the most profitable by tracking the growth, or decline, in profitability rather than the absolute profitability. That way it MAY be possible to jump on a coin before it is the obvious choice (and most importantly the other pools) and jump off just before the profitability dies?

Just throwing my thoughts out there Smiley

More often than not, the change in profitability is due to difficulty fluctuations rather than price changes (probably about 95% of the profitability is difficulty-based).  Meaning that you really can't get a head-start on it, as if you think the difficulty is about to drop, it hasn't yet, and its still unprofitable.  Only after the drop (when everyone sees it at the same time) is it profitable.

One thing that may be changing here in a minute, is I'm going to try locking difficulty to 512.  I'm worried a bit of our orphan problem is bandwidth based (unable to broadcast new blocks fast enough).  And some of that bandwidth has to do with stratum.  Higher difficulty shares = fewer shares (overall worth the same amount) = lower bandwidth.

Going to set difficulty to hard-locked 512 (will ignore anything you personally set via the d=xxx method).  Will leave it for a few hours and see how it goes.

For those of you with smaller miners (100 KHs or less), you'll definitely see higher variance, but overall your profits should remain the same.



Can anyone explain variance?

It seems I missed that post. Explains it, thanks!

=> Variance is the difference in profits you earn over a set amount of time. For example, with low difficulty you steadily earn xx BTC/hour. With high variance you often earn a lot less or a lot more, but it still evens out in the end.
13  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: February 21, 2014, 12:53:54 PM
there seems to be a problem with worker difficulty. my difficulty shot up to 512, i'm only mining at 700kh/s and have d=64 set as password, does anyone have similar problems?
14  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN] cudaMiner - a new litecoin mining application [Windows/Linux] on: February 03, 2014, 10:11:42 PM
coming from previous version, my gtx 560 ti goes down from ~168kh to ~144kh using the same settings: -H 1 -i 0 -l F8x16 -C 1

autotune is even worse (i redownloaded the hotfix!), choosing F16x13 for ~130kh

anyone else here with gtx 560 ti?
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