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1  Other / CPU/GPU Bitcoin mining hardware / Re: Aliexpress - Deal or no Deal? on: January 29, 2014, 05:56:11 AM
Some of their stuff looks too good to be true. The rest is as overpriced as everywhere else.

Very few of the sellers have any feedback.

http://www.aliexpress.com/item/Perfect-200gh-s-bitcoin-miner/1606285868.html

What could go wrong if I ordered this?

I know there's a recent thread that turned out to be about aliexpress, but I'd like to invite more views, please.

Some on this forum go further than me and suggest there exists at least one proper seller on AliExpress.

Judging by the number of relatives and friends of friends that come to me with tales of woe about AliExpress I might suggest the forum posters are exaggerating the numbers somewhat.  Cheesy

If you want to get your money back it is at least 60 days and a scam seller is able to alter how much you can reclaim.  Hence the chances of getting all your money back are slim to non-existent.

(I stand to be corrected as to how one gets all ones money back.  I've not managed it yet when asked to help by numerous people.)
2  Economy / Economics / Re: Why do bank IT systems keep failing? on: January 28, 2014, 06:33:56 PM
Why do bank IT systems keep failing?

http://www.theguardian.com/money/2014/jan/27/bank-it-systems-keep-failing-lloyds-rbs-natwest

"Lloyds, RBS and NatWest customers have all been locked out of ATMs or unable to use their cards at check-outs. A lack of investment is only compounding the problem."


Because IT systems are programmed by people, and people make mistakes.

Halon said "Never attribute to malice that which is adequately explained by stupidity." But he's wrong when it comes to banking systems. I think when you say "mistakes" it should similarly be in quotation marks.  Nearly every one of these faults I've looked at were deliberately built in.  Sometimes you even read comments where the programmer is off with a stream of profanities about how they were told to do this that or t'other against their better judgement.  And they were right.  Grin
3  Economy / Economics / Re: What happens to mining if the price of Bitcoin tanks? on: January 28, 2014, 07:39:06 AM
Can the difficulty actually go down though?

Yes, and it has in the past a few times.
4  Economy / Economics / Re: Why do bank IT systems keep failing? on: January 28, 2014, 05:43:51 AM
Why do bank IT systems keep failing?

Generally bank systems are very poorly built in a rush with exceptions to architectural advice all over, this is piled on top of older systems equally bad going back to some systems so old they beg staff not to retire and scour ebay for parts.

Bank maintenance is outsourced to the lowest bidder or the ones with the most hair gel.  The outsourcers can then only make a profit if there are faults.  The result is pretty obvious: the systems develop faults. 

It's a lot like jenga: push a bit here, pull a bit there and over it goes and no one quite knows why Wink. (But the boss buys everyone beers and pizza when it happens 'cause it's just paid everyone's wages for the next few months  Cheesy )
5  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: January 28, 2014, 05:19:45 AM
I don't know if you've answered this zeroday, but seriously, what kind of business-person believes a word of what a lawyer or accountant says?

They're advisers and your gut instinct was towards something in the offing.  Who earned that money in the first place: certainly not those lawyers or accountants...

When peeps from these professions are 'certain' about anything it should ring alarm bells.

[edit] Forgot to mention, often-times lawyers and accountants are legally obligated to give you a certain answer even though they as a person know it is wrong.
6  Economy / Economics / Re: 85 people now own 50% of world's wealth on: January 27, 2014, 05:56:42 AM
ITT: More reporters and posters that don't understand the universality of the Pareto Principle.

https://en.wikipedia.org/wiki/Pareto_principle

I was just about to post the same thing, but thought to check someone hadn't achieved frost piss. ;-)

I think it need elucidating to some though: Pareto said something along the lines that 80% of his garden peas came from 20% of the pods.  Juran noticed 80% of the wealth was owned by 20% of the population.

Now, you can extend that: of that 20% likewise 20% of those people hold 80% of that wealth too, and similarly in that group too 20% holds 80% of the wealth.  Now you reach a limit as humans are countable.

i.e. it's a simple power law distribution applied to integers.

So, when you read 85 people own 50% of the world's wealth it is nothing more than fun with statistics time.
7  Other / CPU/GPU Bitcoin mining hardware / AntMiner S1 most efficient settings on: January 11, 2014, 07:27:01 AM
Seeing as the difficulty will sky-rocket soon, looking to put my AntMiner S1 s on the back-burner.
What are the most efficient settings for an AntMiner S1?
i.e. what values achieves the best MH/J?
8  Bitcoin / Mining support / Re: Bitmain AntMiner U1 Tips & Tricks on: January 05, 2014, 10:00:56 AM
Hi all; I've been following this thread for a few days, initially pointing my efforts to getting my U1's working under OSX.

Firstly, I'll state that I'm running a VM of Win7 on OSX because I can't get the AntGen1/AnMiner repo to make on OSX. Therefore, I'm having some trouble with 2x U1 sticks under Win7.

What I'm experiencing on Win7, now that I have all drivers installed, is a rollercoaster ride of hashing.

Inserting the first U1, it hashes up to the desired speed (1.6GH/s+), and then stabilizes. Inserting the second U1, it too hashes up to the desired speed, and then stabilizes. It's stable for approximately 20 seconds. Then, the hashrate plummets slowly (down to >100MH/s) for each device. Wait another 20 seconds, and both will bounce back to the desired speed. Additionally, my HW error rate is around 7-10%, with the vast majority of the errors appears in the "plummet" phase.

I can't figure out what the heck is going on; if anyone has any advice I'd love to hear it.

Hi I'm running on OSX but my setup will be quite different as I've a couple of aftermarket USB 3.0 cards in it: an old one I can't remember the name of and a CalDigit.  I've tried running various miners off it.  Got a similar sounding USB polling weirdness messing with me.  To stamp on that I played with "USB Prober" in Developer/Applications/Utilities. (You need the developer tools installed)  I went to USB logger and hit start.  My USB polling problems went away.  I've not bothered digging further than that as the last few bitcoin-qt's were discouraging so've given up on the OSX version for now and went the VM route for that part.  USB logger also gives a nice log of what's plugging in and out.

I too am running my miners of an externally powered USB hub, but what I'm most curious about is how you built the AntGen1/AntMiner cgminer repo on OSX. I've been hit with a dozen errors that I simply can't troubleshoot because a dozen more open up after each one I squash.

Could you please provide some additional information on your cgminer make, setup, and run procedures for OSX? I would be very grateful.
I just followed instructions from Nate Woolls and both cgminer and bfgminer built fine for me: http://blog.nwoolls.com/2013/04/24/bitcoin-mining-on-mac-os-x-cgminer-bfgminer/
9  Bitcoin / Mining support / Re: Bitmain AntMiner U1 Tips & Tricks on: January 04, 2014, 08:44:58 AM
Hi all; I've been following this thread for a few days, initially pointing my efforts to getting my U1's working under OSX.

Firstly, I'll state that I'm running a VM of Win7 on OSX because I can't get the AntGen1/AnMiner repo to make on OSX. Therefore, I'm having some trouble with 2x U1 sticks under Win7.

What I'm experiencing on Win7, now that I have all drivers installed, is a rollercoaster ride of hashing.

Inserting the first U1, it hashes up to the desired speed (1.6GH/s+), and then stabilizes. Inserting the second U1, it too hashes up to the desired speed, and then stabilizes. It's stable for approximately 20 seconds. Then, the hashrate plummets slowly (down to >100MH/s) for each device. Wait another 20 seconds, and both will bounce back to the desired speed. Additionally, my HW error rate is around 7-10%, with the vast majority of the errors appears in the "plummet" phase.

I can't figure out what the heck is going on; if anyone has any advice I'd love to hear it.

Hi I'm running on OSX but my setup will be quite different as I've a couple of aftermarket USB 3.0 cards in it: an old one I can't remember the name of and a CalDigit.  I've tried running various miners off it.  Got a similar sounding USB polling weirdness messing with me.  To stamp on that I played with "USB Prober" in Developer/Applications/Utilities. (You need the developer tools installed)  I went to USB logger and hit start.  My USB polling problems went away.  I've not bothered digging further than that as the last few bitcoin-qt's were discouraging so've given up on the OSX version for now and went the VM route for that part.  USB logger also gives a nice log of what's plugging in and out.
10  Other / CPU/GPU Bitcoin mining hardware / Re: Black arrow prospero x-1??? on: January 02, 2014, 02:30:55 PM
You have an option to enter company name, but no field to capture VAT number.  At the end of checkout it applies VAT which is unnecessary for cross border B2B transactions.

I know.  I spent hours trying to get that to work properly, and it fails.  I have a solution coming, but if anyone wants a EU B2B transaction, I can do it manually.

Manually it is then (fnar fnar ;-)  I've been sorted via PM.
11  Other / CPU/GPU Bitcoin mining hardware / Re: Black arrow prospero x-1??? on: January 02, 2014, 09:13:27 AM
You have an option to enter company name, but no field to capture VAT number.  At the end of checkout it applies VAT which is unnecessary for cross border B2B transactions.
12  Bitcoin / Armory / Armory on Mac Pro with RAID card: experiences? on: December 31, 2013, 12:28:17 PM
As the last few versions of Bitcoin-qt have some interesting coding for database handling which does the nasty in conjunction with my RAID card I was wondering if anyone has tried Armory on a Mac Pro with a RAID card?

I ask as recovering the OS from a backup takes longer than just asking. ;-)
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