I'm pretty much ready to sell at a loss and get whatever I have out of Mt Gox. Every sign points to their solvency being a major issue and I personally know of another exchange that went through a similar phase before declaring bankruptcy.

It's a shame, really - when they cancel the bank transfer they don't even offer to give you back the fees they charged you when you sold the BTC - an honest business would actually do that because you'll have to buy back BTC because of their incompetence.

I even asked them to just convert my Sterling to EUR because allegedly SEPA transfers would be faster - but they can't do that even at the market rate + a fee. Then for SEPA transfers too they say it would take at least 20 days for the payment to clear.

Every currency at Mt Gox obviously has a problem - which means the company is in trouble.

There are too many variables and too much uncertainty. A business that cannot commit cannot be trusted - it's just that simple.

And sad, of course.

I've seen several discussions here about confusion on how long it takes and how long it costs - and I've just made 2 transfers a few days apart, so I think I can explain this.

If you have intermediary banks, your charges will be higher and transfers will take longer. But if you bank with a UK bank that is big enough to have its own SWIFT code (or is a major bank in other words) like NatWest, Barclays, RBS, Halifax, etc. - read on.

The transfers were made using the INTERNATIONAL wire transfer service for verified users, the fee for which is JPY 2,000.

Transfers take 3 full working days. This means if you initiated the transfer at noon on Monday - do NOT expect the money before noon on Thursday. In both cases, my money came in less than 4 working days.

FEES - As I understand, there are 2 parts to this: 1 is the fee charged by MtGox, which is the JPY 2,000 (which comes to just under £13), and the other is the remittance fee charged by their bank, which the bank passes on to the receiving bank.

Irrespective of the amounts transferred (£1k and £400), the fees on both occasions came to approximately £26. £12 out of this was the remittance fee charge by the sending bank, the remaining to £12.96 and £12.84 coincide with the JPY to GBP conversation rate for MtGox's JPY 2000 fee.

Hope this helps someone!

LOL, that's a biased statement, clearly. I don't feel the need to make an argument for either. You should use whatever works for you - it's that simple.

And in terms of results, my hashrate average hashrate on windows is higher (by almost 30 Mash/s) than what I had on Ubuntu without overclocking in either case. That's not what most other people have seen, but that has been the case here.

Perhaps for others, yes. Windows licenses are not an issue for me, I have several.

Sure, but what may be the security concerns if you're mining in a pool?

We're in the process of completing a business plan for what will hopefully become the first Bitcoin Bank in Europe.

I also own and run a software company, and we're happy to accept payment for our work in BTC.

We're also looking to market our SaaS art collection management application to museums and other heritage organizations with BTC (haven't quite figured this one out, but we'll get there!).

Thanks!

Asif

http://vesica.eu
http://vesica.ws

Send me some sugar on 1F3XNcLj1H8QZ6iSnEwRqgAv6pdJ5Y7h3B

@Prommah, so you're saying no transaction actually took place at the BitCoin level, only in the MtGox DB?

Just so everyone knows.

When I unplug from 1 card into another, the first 1 keeps hashing and whilst the second does start up and get noisy upon running the miner, it doesn't hash.

So both need to be plugged in, I guess, simultaneously.

@Hands, thanks.

Now, do you know or does anyone else know of instructions to put together a dummy plug for a DVI connector because that's all 6990s have? Or do we use a DVI to VGA converter and 'dummy' the VGA end of the converter?

Thanks!

OK, so it seems that I need a dummy plug to be able to mine with my 2 6990s with Windows 7.

I have a monitor plugged in to one of the cards and that one is hashing away. The miner cannot detect / hash with the second one.

So here is my question. What happens if whilst the machine is mining I unplug the monitor from this one card and then plug it into the other one and then start those (or will my first one stop hashing the minute I unplug it)?

Second question: Eventually, there will be no monitors attached to the rig, I'll use logmein or vnc to get into it remotely. Does that mean I'll be needing 2 dummy plugs for both the cards?

Thanks for your help, folks!!