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1  Alternate cryptocurrencies / Altcoin Discussion / Re: PPcoin: Are there many people mining for PPC? on: October 14, 2012, 10:51:28 PM
WTG SRoulette! Smiley

Thank you for supporting PPC!

I really believe in this currency!


Cheers!
2  Alternate cryptocurrencies / Altcoin Discussion / Re: PPCoin: What does PPC mean? on: October 14, 2012, 10:47:08 PM
Oh my...
How does a simple question, followed by the only possible answer, can generate such discussion??

It was my fault... Sorry.

Some guys still don't accept the fact that PPCoin is currently growing...

"There were trolls... So many trolls..." Smiley
3  Other / Meta / Re: Is there a place on this forum for Bitcoin donation requests? on: October 11, 2012, 09:24:01 PM
Panhandling goes into Off-topic, other requests (for an organization for example) goes into Politics & Society.

Thanks MoonShadow!
Makes all sense!

For now I'm just trying to understand this community, and what is right and wrong around here.

I've seem so much complains and warnings about scammers, so I prefer to be sure.

Cheers!
4  Other / Meta / Is there a place on this forum for Bitcoin donation requests? on: October 11, 2012, 05:51:47 PM
Hi guys!

I was wondering if there is a place on this forum where we can post Bitcoin donation requests.

Not sure if that makes sense at all.
But the ways to get bitcoins that I know are mining, using free bitcoin sites, buying them, or receiving donations.

Cheers!
5  Alternate cryptocurrencies / Altcoin Discussion / Re: PPCoin: What does PPC mean? on: October 11, 2012, 05:33:16 PM
Please forgive me for the dumb question...
I just figured out what it means.

Quote
PPCoin: Peer-to-Peer Crypto-Currency with Proof-of-Stake

Just found that on the official site, in the papers.

Cheers!
6  Alternate cryptocurrencies / Altcoin Discussion / PPCoin: What does PPC mean? on: October 11, 2012, 05:24:17 PM
Hi guys,

I would like to know what does PPC or PPCoin mean.
Is there a definition?

I see a lot of people trolling about it, because of the way it sounds (pee pee), but what is the name based on?

Taking the example of BTC, means Bitcoin (Bit Coin);
And LTC, which means Litecoin (Lite Coin).

Both these currencies' names are formed by two words.

What about PPCoin? Is there a meaning for those two P's?


Cheers!
7  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin after bitcoin asics on: October 11, 2012, 05:14:20 PM
BTW, I agree too...

ASICs won't be only bad to Bitcoin, but also for other cryptocurrencies as well.
In fact, it can be even worse for currencies like LTC and PPC, as they are weaker than BTC.

But are those ASICs' price for real?
I mean, shouldn't it be higher? For example, Butterflylabs 1500 GH ASIC costs $30k. But we are still talking about 1.5 TH, which it's just crazy.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: PPcoin: Are there many people mining for PPC? on: October 11, 2012, 01:05:08 PM
@Liquid00,
Looks good. Thanks!

And WTG for your hash rate Cheesy

What is the current acceptance for this currency?
Are there any stores accepting PPC?

Cheers!
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency on: October 11, 2012, 11:01:24 AM
Please continue the good work Smiley

Cheers!
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Should SatoshiRoulette.com add PPC support on: October 11, 2012, 10:57:22 AM
It's a great idea.
Since PPC has a lower value that would allow users to make lower risk bets Smiley
11  Alternate cryptocurrencies / Altcoin Discussion / PPcoin: Are there many people mining for PPC? on: October 11, 2012, 10:02:31 AM
Hi guys!

I was wondering, are there many people actually mining por PPC?
Just checked http://coinotron.com and in their pool there are (in this moment) 9 people mining.

So far as I can see PPCoin is relatively recent. At least according to http://www.proofofstake.com/ I can only see information for a couple of months only.
For now mining for PPC is kind of easy. However, it's value is very low. For example, in this very moment, comparing to BTC it has a value of 0.000173.

I can see some improvements have been made, and there's a PPC wallet software very similar to BTC wallet, which is very easy to use, both for Windows and Linux.
Windows: http://www.ppcointalk.org/index.php?q=node/15
Linux: https://bitcointalk.org/index.php?topic=101820.260

Do you think that many people will start mining for PPC?

Cheers!
12  Other / Beginners & Help / Re: BFL Preorder Ship Date? on: October 10, 2012, 08:19:16 PM
I found this info in their site: http://www.butterflylabs.com/landing/landing-aw.php
Quote
The BitForce SC chip is now in final stage development. Initial product delivery is scheduled for November, 2012.

However, I'm curious about if they will start shipping in the expected date...
13  Economy / Service Announcements / Re: CoinAd - Free Coins every single day. on: October 10, 2012, 08:15:10 PM
Hi guys!

I'm getting a "504 Gateway Time-out" error. Can you access it?

Cheers!
14  Other / Beginners & Help / Re: Bitcoin home heater idea on: October 10, 2012, 08:11:01 PM
Success always comes from the craziest ideas! Smiley
15  Other / Beginners & Help / Re: Which one is better: Butterflylabs or BTCFGPA? Can we trust them? on: October 10, 2012, 07:58:20 PM
I agree with you guys.

Butterflylabs and BTCFGPA don't want to take advantage of their own hardware, because that could simply destroy Bitcoin.
They really want to allow it to continue, and feed up the competition, allowing everyone to buy their rigs and ASICs.
They build the resources that will raise the competition, and as long the competition exists Bitcoin will always survive.
And ASICs will continue to sell.

They have much more to win with a fair deal than with fraud. But this is just my opinion.
What do you think?
16  Other / Beginners & Help / Re: what do i do with my 0.01 btc? on: October 10, 2012, 07:46:20 PM

ive been visiting free btc sites, reading ads, watching videos

finally managed to scrape together a whopping 0.01 btc

what do i do with my accumulated btc to get to the next level

?

 Smiley

@Hydrogen,

Konichua and panda1 are right. If you mine for coins you will be able to collect more, and the best way to do this is registering in a mining pool.
There are several to choose from. You can start from here: https://en.bitcoin.it/wiki/Comparison_of_mining_pools

Not sure if you have a great computer or a great graphic card, but here's an estimated value...
Mining at a rate of 20 Mhash/s in about 24 hours you will be able to get around 0.01 BTC.

If you have a better graphic card you will be able to collect more!

I wish good luck, and good mining! Smiley
17  Other / Beginners & Help / Re: Which one is better: Butterflylabs or BTCFGPA? Can we trust them? on: October 10, 2012, 03:43:20 PM
@darwin yes I agree nobody should invest in 54 / 60 Ghash setups as if everyone had them the returns would be the same as with a previous level playing field. only the early adopters will be able to get their ROI, the late adopters won't and the more you convince not to join the band wagon the more btc's end up in you wallet. I the like ID created for talking town the new technology....
@gooffer,
Let's how it evolves, after these ASICs start to ship Smiley


like previous post, do your research , make your own decisions - in a lot of ways ASIC are a gamble - are you a gambling man?
i.e.: Block reward halves, difficulty skyrockets price of BTC does???
despite all the expert opinion no-one on this planet has been involved in a blockchain based cryptocurrency whose reward halves approximately every 4 years - it is all speculation and best guess on what will actually happen in the Bitcoin mining scene over the next 6 months Smiley
@Graet,
Got it now Smiley

Thank you for explaining your point of view.
Well, I'm not much a gambler... Everyone likes to play games, even betting games, but for now I need to be careful, and don't bet too high, or my investment would be in risk.

Anyway, I still prefer Buterflylabs' ASICs. They look powerful, and seems possible to build. Not sure about the prices. I guess the prices should be higher, comparing to the Mini Rig, which costs $15k and generates 25.5 GH.
Shouldn't 1500 GH be proportional? I mean, I still find $30,000 a very low price for such powerful machine.

Is it wonderland, or real life?
18  Other / Beginners & Help / Re: Which one is better: Butterflylabs or BTCFGPA? Can we trust them? on: October 10, 2012, 03:13:52 PM
gooffer,

buy a single BFL for 699... see if you get it... mine is getting about 826 M/hash.... then the upgrade to SC is only another $699 or there abouts and you pay half now and half later Smiley

That could be a great investment, but it's also risky.

I don't want to believe that BFL may be trying to set up a scam, and if they bring this huge GH/s concept up I guess they will lead the market in such technologies, leaving all others behind.
The difficulty would grow in a higher rate, and everyone mining with graphic cards would require some more powerful hardware.
That can be very bad for most miners, I guess, since their initial investment, buying graphic cards and good CPUs, would be affected for sure.
19  Other / Beginners & Help / Re: Which one is better: Butterflylabs or BTCFGPA? Can we trust them? on: October 10, 2012, 03:05:01 PM
Graet, what do you mean about gambling?
like previous post, do your research , make your own decisions - in a lot of ways ASIC are a gamble - are you a gambling man?

Is there any difference about the hash calculation between using graphic cards, or ASICs?
Or just because they didn't started shipping them?

This brings me a question... 1500 GH/s is really a lot. And investing $30k seems too risky.
20  Other / Beginners & Help / Which one is better: Butterflylabs or BTCFGPA? Can we trust them? on: October 10, 2012, 01:53:17 PM
Hi everyone!

I'm new to Bitcoin mining, and I was checking how can we mine faster.
Discovered two main mining rig/ASIC manufacturers: Butterflylabs and BTCFGPA.

Which one is better? I mean, are their hardware reliable? Can they fry with the processing temperature, or so?
And the most important question of all: Can we trust them?

I'm asking this because I just saw a post claiming that Butterflylabs new 1,500 GH/s ASICs are a scam: https://bitcointalk.org/index.php?topic=114329.0
Are they?

What about the 30 and 60 GH/s ASICs? Do you think these are a scam too?

BTCFGPA also have some 27 GH and 54 GH/s ASICs, but are they worth it?

Also, the prices seem too high for a piece of machinery, and the profits of mining are always so low.
With the difficulty increasing all the time will an investment like this ever pay off?

Cheers!
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