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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Which are the bright new altcoins of 2015? on: February 14, 2015, 05:25:58 AM
Vanillacoin (VNL)

Beta stage, the source code is not a clone and the developer is extremely talented and hard working.

http://vanillacoin.net
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Litecoin Cannot Be Bitcoin's Silver on: November 10, 2014, 06:45:06 AM
The only FUD litecoin knows originates from China. This is english FUD and not worth .001 LTC.  Cool
3  Other / Politics & Society / Re: Cop arrests random girl, takes her cell, steals nudes on: November 10, 2014, 06:37:50 AM
Lack of accountability is the issue. Police always fall back on trying to say their job is so dangerous, and civilians wouldn't understand, but this is just a guilt trip tactic to distract you from persisting with holding police accountable for their negligence or active criminal activity. They have it made right now. In some states you can't even sue the police! They have total immunity. In any line of work, no accountability means there will be problems. When peoples lives are on the line this lack of accountability is unacceptable. Furthermore this lack of accountability has been turned into a for profit industry as police run roughshod over the generally law abiding population to fatten their pension funds, or so they can drive dodge chargers with camouflage vinyls and American flags on it...  
I agree 100% with this. I think the police need to be held accountable for their actions and their decisions. I think they should be given the benefit of the doubt when they are forced to make split second decisions, however their decisions need to be documented as well as the information they used to make such decisions. The only way to really document this is for the police to wear body camera (see your previous post in this thread)

This is the truth, every major incident usually ends with paid leave and "we found no misconduct".

If police officers were held more accountable for their actions like the average civilian that they go after, then things amy be a bit different.

I punch someone I got to jail, they beat the shit out of a guy and get to go on vacation.
If a business comes under enough public scrutiny it must shut it's doors. A police station is a business not a public service and being owned by the government means they must do allot of damage control to stay out of the public eye so they can keep raping the citizens.
4  Other / Politics & Society / Re: It's Illegal to Feed the Homeless in Florida... WTF? on: November 10, 2014, 06:30:57 AM
It's illegal to run a lemonade stand or garage sale in some states in the USA without a permit (tax stamp) so why they going to let you feed the homeless and lose tax income?  Shocked
5  Economy / Economics / Re: 2014-03-02 MoneyNews - "Warning: Stocks Will Collapse by 50% in 2014" on: November 10, 2014, 06:27:19 AM
Don't believe the fearmongerning!

The stock market will not "collapse" 50% in 2014. Sure, they will go down some day, but it will not be in 2014! Typical play on emotions, stay away from those fraudsters!

The only way that would happen is if there was a new world war on the anniversary of the 1st world war.
100 years and what's changed is that a known enemy is now an unknown enemy.
As for the stock market, they need to specify what stocks he-he or they are just trolling, some parts will do well in a recession, others will crash hard or revalue.

(Link loads but can't see article oddly though)
The stock market is way overbought thus why metals are tanking. I'd expect the market to take a tumble next year when the market realizes this. You'll want to be holding metals you bought cheap when it begins.  Cool
6  Bitcoin / Mining support / Re: Rockminer T1 won't connect to other pools other than slush's on: November 10, 2014, 06:12:56 AM
The Rockminer T1's Controller only works with:
ghash
btcguild
and (possibly) f2 but I get lot's of rejections:

Code:
Worker	Currency	20-min Hashrate	Accepted	Rejected		Last Share	
DELETED BTC 0.0 Ghash/s 176 54 23.9% 2014-11-04 23:59
DELETED BTC 0.0 Ghash/s 139 39 25.8% 2014-11-04 23:59
DELETED BTC 0.0 Ghash/s 118 41 27.7% 2014-11-04 23:59
DELETED BTC 0.0 Ghash/s 130 60 33.2% 2014-11-04 23:59
DELETED BTC 0.0 Ghash/s 118 31 20.8% 2014-11-05 00:00
DELETED BTC 0.0 Ghash/s 145 52 30.0% 2014-11-05 00:00

There are possibly a few other pools that have hacked their end for the controller bug. I have not found anything that indicates any companies are fixing the controller bug.  Undecided
7  Bitcoin / Development & Technical Discussion / Re: Building on the Block Chain, Adding Data to Transactions (How-To) on: November 10, 2014, 06:08:32 AM
The data would eventually get pruned (because it has zero spends) and no longer exist. You'd have to create "another" coin to achieve what you want unless you use a side-chain which may have the same problem.
8  Bitcoin / Mining / Re: Fire hazard and bitcoin minig at home on: November 09, 2014, 09:53:01 PM
I think more than likely gear will smoke out as opposed to turning into a ball of fire. 
One of my gridseed units "smoked out" (see above post) but one of the g-blades actually caught on fire internally. Don't assume safety, be sure. Cool
9  Bitcoin / Mining / Re: Fire hazard and bitcoin minig at home on: November 09, 2014, 09:50:43 PM
Hi,
Yesterday my friend caled me and said that one of our mining equipment was on fire, while they sleep.
he woke up and then had to air out the apartment for 3 hours

Now when i think about it its crazy that people have high voltage equipment, that is getting realy hot, AT HOME?

From now i will have the equipment in a server room.


Are you guys think about the fire hazard with mining equipment?
Any potential hazard is the responsibility of the owner (you).

I have about 20,000 watts at my home and sleep safe every night. Each of the outlets is GFCI and 20 amps. I have fire suppression systems on the ceiling and walls that won't damage electronics. Everything is on racks on a concrete floor with 10,000 CFM of air constantly circulating. I use 18 AWG power cables to each PSU(850 to 1300 watts each). Everything runs cool from the breakers to the outlets to the PSU's.

If any of the units were to short then the expensive PSU's would be the first to trip, if that fails the GFCI would trip next, if that fails the breaker may trip so as a last resort the fire suppression system would kick in and gain control of the situation once the breaker finally trips or the problem is contained. Meanwhile I'm being texted to death from the Smoke Detection System attached to the 5,000 CFM outtake fan. Because of the amount of air volume there would be no smoke buildup to damage the remaining equipment.

I had some Gridseed (both G-blade and 5-chip) units that shorted but my first line of defense (expensive PSU's) saved the day. All of the gridseed (bad) went into the garbage and the rest of the Gridseed was sold as I've concluded they are poorly manufactured and at great risk of shorting. So it's up to you to make sure you don't put yourself or others lives in danger when mining. Cool



What I (solely) run now:
Rockminer T1's.
Bitmain AntMiner S3+'s.
Innosilicon A2 Terminator's.
Various GPU rigs.
10  Bitcoin / Bitcoin Discussion / Re: "Blockchain technology will pervade, but not bitcoin." on: November 08, 2014, 07:07:58 AM
I've heard that phrase thousands of times, and I've thought about it enough to be sure I don't agree.
Bitcoin is necessary for the blockchain to exist, without the incentive, there are no miners and there is no network to rely on.
If you assert that the blockchain will pervade, you necessarily imply bitcoin as a currency will too.

What do you think?
Block chain technology was invented and used as early as the 1970's in telephone systems. So your statement is invalid as it pertains to Bitcoin.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Moderation of (possible) FUD and insults on: November 08, 2014, 06:49:27 AM
After receiving a lot of PMs about this subject, seeing a lot of reports of this kind and after one of the global mods PMed me with suggestions regarding this topic, I thought that I should cover it:

Possible (or real, not for me to judge) FUD, accusations or statements are not moderated.

Moderators don't moderate for truth. However, trolling isn't allowed. If a user is habitually posting obviously false nonsense just to stir up trouble, then it's considered trolling, which is prohibited. However, such cases should be thoroughly documented in the report (There are tons of reports that just say "trolling", but moderators don't have time to look through each user's post).

Possible (since we don't have the time or resources to check) insults are also allowed as long as they contain any kind of constructive opinion, info or something else substantial and aren't off-topic. For example, posting something like "you are dumb" will be deleted as it contains no meaningful content. However, if the post is somehwere along the lines of "You are dumb. This is wrong because this website/thread/etc. has explained it's not right", it's in most cases accepted.

Possible scams aren't moderated either due to the fact that's it's extremely hard to make an unbiased decision on a limited amount of evidence and time. Moderators don't have time to be investigators.

Legal note: This is forum policy, not mine.


Trolling should be allowed because somebody is left judging if it is the "truth" or not. This obviously brings an abuse of power into the situation. Censorship leads nowhere.
12  Economy / Economics / Re: It won't be Bitcoin or any current altcoin on: November 08, 2014, 06:45:57 AM
I've turned permabear Grin. Bitcoin will be replaced by a POS-coin distributed by a government or a really large organisation, here is why:

All traditional currencies have something in common: they were initially created by an authority in which a lot of people put their faith in, an authority which they didn't mind would benefit from the inflation/creation of the currency. Sure, many of said currencies were officially backed by gold, but people accepted that the backing inevitably would get fractional.

Bitcoin is mostly issued by lucky early adopters / mining-speculators, which is exactly the kind of people that society would hate to see benefit from currency issuance.

The advantages of the incoming competition will end up making bitcoin worth nothing more than collector's stamps. The fact that the competition isn't visible or even existent yet, doesn't mean than it's not coming.

We will see the benefits of cryptocurrencies for humanity, but it won't be Bitcoin, or any of todays altcoins.

The question is when does the collapse of Bitcoin start. Could be 5 years or 5 weeks from now.
Gold, silver, copper, diamonds, emeralds, gems, rocks, pebbles and dust have never been created by an authority and are "decentralized". Bitcoin is a commodity not a currency because as you've already stated currencies are "issued". You should be worried about paper, stocks, fiat etc collapsing to zero but not commodities whatsoever.

What is "it" exactly?
13  Economy / Economics / Re: When will the USA pay their debts, if ever? on: November 08, 2014, 06:38:45 AM
When will the USA pay their debts, if ever?

http://www.usdebtclock.org/
You can't pay debt with debt because you are left with debt.  Huh
14  Bitcoin / Hardware / Re: ROCKMINER ASIC miner official thread on: November 06, 2014, 06:58:11 AM
Would it really be profitable to use the rockminer's T1? Consuming 1000 watts per unit, and add on that you need your own PSU, lets say with about $0.095 per kwh, It would consume $0.095 per hour, right? And makes about $0.21 (current market value) USD if turned from BTC.... I can make a $0.115 profit from using the miner. to find out days, let's multiply these factors by 24 (to find out 24 hours in a day)
$0.21*24 = $5.04 produced
$0.095*24 = $2.28 cost for power
and the total profit (produced - cost for power)
$0.115*24 = $2.765
Now the price of a rocketminer (going to use zoomhash for this if you would like to check) is about $350, plus a power supply unit, (http://www.newegg.com/Product/Product.aspx?Item=N82E16817182188) would be $130, plus or minus $15 depending on the unit. So,
350 + 130 = $480.
To figure out how many hours you'd have to mine let's divide the hourly profit from the total price of hardware.
$480 / $0.115 = 4173.91304 hours.
So, 4173.913 hours to make an ROI at current market price. to find days,
4173.913/24 = 173.913042 days, or 174 days to make your Return of investment (how much you paid to begin with)

... Is this even viable.. making $2.765 dollars a day per miner...?

Then the question arises.. If it's so profitable to mine, why don't companies that make the ASICS use it themselves?

Anyone willing to answer, share thoughts or comments is truly welcome because I was looking into purchasing 3 Rockminer T1's.. But after the math...

Also - what about heat? How much heat is produced per unit? Even with fans, heat has to go somewhere.. That somewhere being the room the miners are in. So about how much is produced if anyone has had or has one I'd appreciate it.

*NOTE: THIS IS NOT IN ANYWAY 100% ACCURATE, PRICE OF BTC CHANGES CONSTANTLY AND IS SOMETIMES NOT PREDICTABLE.
**NOTE: I used Coinwarz.com to find out this information at an OVERCLOCKED miner which has a hash of 900gh/s MAX.. but the hourly mined would be $0.19, and the profit would be about $0.95 (US AVERAGE FOR SOUTHEAST RESIDENCE) if you had it at the stable clock of 800gh/s.
***NOTE: Price of powering the units may change according to your location.

I have 10 of these units, so:

10,000 watts @ $0.10 kWh leaves you with roughly 0.06 to 0.08 BTC per day after paying electricity (real world earnings not based on statistics). Regarding heat you can calculate the BTU's off the watts. Personally I use an insulated two car garage with industrial window fans pulling some 10,000 CFM of air in/out.

That's ~2.2 BTC a month profit if the difficulty never changes. When mining Bitcoins you should expect roughly a 25% return on you initial investment. I guess the question should be, is ~25% "so profitable"? I'm cool with it. Cool



15  Bitcoin / Mining support / Re: Rockminer T1 won't connect to other pools other than slush's on: November 06, 2014, 06:35:21 AM
So I got  used Rockminer T1 off ebay and have been mining on slush's pool lately. Lately, though, the blocks have been 9-12 hours a day. I switched over my Ant miners to Discus pool (f2pool) and its working great. However, my rockminer t1 won't start mining. It shows on ftpool website its connecting, but the hash stays at 0. This also happens when I try to connect to btcguilds pool.

All of the settings are correct, I've looked them over multiple times and even copied them from the ant miner to try. Anyone have any idea? I'd like to mine on F2pool instead of slushs.
The Controller has a bug. You can use it at ghash, btcguild and slush's pool.
16  Bitcoin / Pools / Re: [CLOSING] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers on: October 31, 2014, 09:57:28 PM
One of the greatest pools, hopefully it will be sold into the hands of someone as passionate about BTC Guild as you once were.
I too am hoping for this because I'm warm and comfy up in the guild. Cool
17  Bitcoin / Hardware / Re: Block Erupter Tube Sales Information Thread [Round4, Price at <1btc per TH/s] on: October 30, 2014, 03:49:50 AM
Check your cooling and power.  These tubes are VERY sensitive to this. in my opinion one fan is insufficient. Also try 260Mhz.  Can actually be faster that 270 if you have iffy

chips.

These tubes need a solid 225-250w of clean power per board to be trouble free.

You need 20% overhead per board or they will try to draw what isn't there and end up in a bad state. A 1200 watt power supply is barely enough but a good one (Thermaltake Gold 80+) works just dandy. Alternatively 2x of the Thermaltake 750 Bronze Smart paired up gives you more power per board at less cost and works great also.

Please see my other posts on how my 32 boards run over 100% @ 300 Mhz continuously despite ambient air temperature upwards of 40C.  Cool

18  Bitcoin / Hardware / Re: Block Erupter Tube Sales Information Thread [Round4, Price at <1btc per TH/s] on: October 30, 2014, 03:28:40 AM
Working the tube miner hard at 300MHz results are great, ambient at 16 and 1250w power and the powerdraw from the wall is 1000 W

Chip temps measured at 45C

How are you measuring temps?

I am measuring with a laser temperature meter, errormargin of +/- 0,05C.

Now do I dear go for 310 MHz? Can the power regulators, capacitors etc. take it?

Be careful these boards will burn up. Less then a month in and I have had 2 smoke caps (@ 270), hoping to here from CS on another RMA once the holiday is over. Contacted last week, nothing but crickets since...

I've run them in 85 to 101 F for months and not a single problem with any of my 32 boards @ 300 Mhz. They operate well over 100% but I have over 7000 CFM of air moving across them using an "open air room" design. Smiley

19  Bitcoin / Hardware / Re: Block Erupter Tube Sales Information Thread [Round4, Price at <1btc per TH/s] on: October 30, 2014, 03:00:39 AM
Looks like you have old firmware, type in:  192.168.1.223:8000/Flashmega to update it.  Current version is 1.41 or 1.53

Everything is good on my setup, I'm always scared to upgrade, what exactly has been improved going from 1.41 or 1.53.

Any efficiency or notable performance improvements?



I upgraded from 1.41 -> 1.53 and put the setting on smart (1)... A notbale loss off GH/S @300MHz. Did around 915GH/S before and after those changes went down to only 800GH/s @ 300MHz...

Can the firmware be rolled back and how?

Take it off smart mode and it will use the 1.41 firmware.

Smart mode dropped me down to about 92% from a constant ~105% @ 300 Mhz. Using the 1.41 firmware I can no longer use 300 Mhz or it will result in 100% hardware errors on at least one board however 290 Mhz now yields ~116% efficiency so less electricity and more GH/s. Cool

Stats:
Real performance:3111.11GHs, Expected performance:2672.64GHs, Utility:43461.37 Miner:116.41%

This is constant across all 32 of my boards running in a 50F-80F environment. Hope it helps.
20  Bitcoin / Mining / Re: Bitmain - Prices are Ridiculous on: October 21, 2014, 03:28:55 AM
No, it was free. Now it's 100 dollars USD. The price of the actual unit has not dropped significantly. The reason they are charging for shipping is to try to force you onto their cloud. When you checkout now you can choose shipped or umisoo, defaulting to umisoo. Don't buy their cloud. Don't centralize this mechanism. Cool

Actually, its because of bitcoin price dropped a lot and they can no longer cover their price with it..
The price tanked months before they started charging for shipping. It coincided with their rollout of cloud based services just some weeks ago. Cool
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