Just finished " The Contortionists Handbook" by Craig Clevenger.

Really good read. FFO Chuck Palahniuk

Also check out "the fall of the Gas Lit Empire" series by Rod Duncan.  really lovely flowing style. Steampunk inspired.

A guy did me up proper on LBC, we made the trade, he was very pushy etc.  Turns out he was using "third party" bank accounts to pay me.  So I blocked him, and left feedback and also reported him to LBC.  He then threatened me. then a few days later I get a call from my bank saying that a fraudulent payment had been notified to them.  I sent the receipt details to the bank individual and they confirmed I can keep the money (legitimate payment) but because it was BTC I was trading in, they threatened to close my account.

I guess thats what the guy threatened me with.

My stupid fault, but I havent really lost any money as a result which I was lucky with to be honest. Still, what a pushy person he was.

Also UK based-  I have had a conversation with a member of staff at Nationwide Building Society (who went and checked their terms etc) and I was advised as long as the money in the accounts comes from legal sources, there is no restriction on receiving funds for the sale or using funds to buy Crypto Currencies at all.

I started trading BTC via LBC on Sunday.  Today I have been told by my Bank HSBC (UK), that in no uncertain terms they do not wish to be associated at all with bitcoin, even if this is the money related to the sale of it.   The fraud team advised the lady at my local branch, unless I ceased my "activities" they will forcibly close my account.

This after someone (nefariously in my opinion- i had released the BTC to them) reported a trade as fraud.

Crazy, knee jerk reaction is crazy.  My 24 years with them means absolutely jack.  In the process of moving to Fidor.

Of course, by its very nature; BTCJAM is global meaning that jurisdictional and legal difference between countries makes collection of debt incredibly difficult, not to mention costly.

As said before, BTCJAM is an awesome idea but unfortunately it is a scam magnet.

I have invested in some loans on this site.  Only 1 of these has paid in full or kept up to their payment schedule.  One of these had many repaid loans , so that is not garantee that the person is going to pay back.  When someone does default, you either take then to court yourself or lose your investment as far as I can see.

I also invest in a site called funding circle which, when someone defaults, has a part of their organisation which chases debt on the lenders behalf.  I have never had a problem with the latter.

I would love to invest in people via BTCJAM again, but as there is no comeback on people who do not pay....I can`t see its recommended.

Of course, if you do your due diligence, (as I clearly failed to do) then investing isn`t a good idea anywhere.

Li,

Any update on this?

Thanks

Pcfli,

Sorry to bother you, could you please confirm receipt of my PM?

Thanks

I would be interested in this option.  Can advise how we go about arranging.

Thanks,

Thank you for the information everyone.  At the moment I am using a +4096 difficulty on the end of my BTC address.  Is this a good idea or should I perhaps try the /1 as suggested?  Would there be a huge difference?

Not that I know of...

my payouts were a solid .03 to .086 per block,  now dropped to .006?  exactly same hashrate. Colour me confused....

Thank you!

With all this talk of high DOA rates etc, I've been trying to decide what is best for my mining equipment.   I have 3 S5's situated in a Chinese datacentre. I am in the UK.

These miners run through a Miningrigrental pool (main one in EU) which gives me immediate control over switching of nodes should I need to.  I'm currently on Coin Cadence, but I wondered how I can reduce my DOA?

Would it be best to:

1. Choose a node nearest the physical location of my equipment?  For example in China.

2. Choose a node nearest to the miningrigrental server? For example in Europe.

or

3. Choose or create a node nearest to my personal physical location?  For example in The UK .

Or something else?

Sorry for the long question.  I'm quite new to P2pool.

Thanks

Looks like the pool I mentioned above has dealt with the problem and is now showing more reasonable payouts...

Thanks for all the information.  Bitcoin is so fascinating. I wish I had more brain cells to comprehend it.

hey there folks,

I`ve just started using p2pool in the last few months, and I`m really wishing I had started earlier.  Anyways,  I`m currently using http://europe.p2pool.co:9332/static/, and looking at the stats for the various miners, some look way off what I am used to seeing for payouts including mine.  When I connect to a different node the `predicted payout` reduces to more in line with what I have come to expect each block.

I`m assuming that if I switch node, the payout should, initially at least, be the same?

Is this node maybe a little broken or just incredibly generous (not really possible???)?

Maybe i`m just not understanding P2pool well enough?

Thanks

Mining through p2pool via miningrigrentals. My hashrate varies quite a bit between 2.6 and 3.5th.  Have asked for adjustments via the mining monitor, no response as yet.

my three S5 miners have been quite erratic in terms of hashrate recently.


They average about 2.68th (but sometimes dip to 2.1) instead of around the 3.1 to 3.3 I would expect to see.

Is there any config that I can ask Pcfli to implement that might make them a little more stable on p2pool?

Ive set a static difficulty of 4096.

Thanks.

Is anyone else have trouble connecting their rigs to the pools?  I have mine pointed at EU and AP1 and both seem down at the moment.

My 3 miners down since 3.40am gmt (about 3 hours)  Chengdu.

Anyone else?