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21  Economy / Service Discussion / BITCOIN SAVINGS & TRUST - Just when you thought Bitcoin was instant.... on: August 17, 2012, 12:08:04 AM
Let's be clear about 1 thing first of all:

I have been a strong Pirate Savings & Trust proponent for the last 210 Days.
As with many of you, I have put up with my fair share of FUD being spewed by the masses and added a rebuttal or 2 whenever I saw fit.
I have never invested much, as in, never more than I was willing to lose.... although I felt it was enough to warrant some sort of service.

I have successfully withdrawn a grand total of 2165 BTC over 4 separate transactions, each of those 4 requests being filled within minutes.
(1 of them being a 1900 BTC request)

Today, however....seems to be another story.

As of posting this, we are officially at the 3 hour mark for what is still, an absent withdrawal request of only 114 BTC.

I am not about to jump to any conclusions too quickly, but in my opinion, there are a few things that made First Pirate Savings & Trust great:
- Fast Support.
- Easy Access to Funds.
- Communication.

With the above in mind, BITCOIN SAVINGS & TRUST has much to live up to.

Too Big To Fail - Not just for the USD Markets anymore.

I can only imagine that this post will lead to the forceful closure of my BTCST Account....but I have paid higher prices in the past, for the opportunity to be honest.

With Love,
22  Alternate cryptocurrencies / Altcoin Discussion / Alt Coin Members - Please be careful - BitcoinEXpress = MicroCashMike on: August 02, 2012, 12:53:52 AM
BitcoinEXpress is BACK and has now disguised himself as MicroCashMike.

In his posts, you can clearly see him attacking and attempting to discredit Coblee and others.

I would hope that the Forum Admins get a handle on this before it's too late, as this is just getting too predictable at this point.;u=63280

Thanks to Facebook, Here's a fresh pic with updated 'Google' background, having retired the 'ComiCon' background pic.

First off let's clear up a thing or two;

1) My name is Michael Westin and I from in NYC originally, live in LA for the time being.
2) ........

23  Alternate cryptocurrencies / Altcoin Discussion / Open Challenge to BlowHardEXpress - 2500 BTC on: July 26, 2012, 11:09:12 PM
By my estimates, the BlowHardEXpress FORKED Blockchain has been running for 30+ hours, with enough hash power to bring the Litecoin Network to it's knees.

I will offer 2500 BTC for ACTUAL PROOF that it exists and meets EVERY SINGLE threat as set forth by DooshNoZZleXpress.

I want to offer a small token of my appreciation to IT for IT's hard work...I simply WANT PROOF and am willing to pay for the privilege.


Second fork has been running for 15 hours.
24  Alternate cryptocurrencies / Altcoin Discussion / Is Solidcoin 4 ready for the downfall of MicroCash ? on: July 09, 2012, 05:16:38 PM

Is Solidcoin 4 ready for the downfall of MicroCash ?

...just wondering, as I haven't been made aware of any new developments lately from that camp and the Solidcoin prices at the exchanges seem to be tanking, while the hash rates on the Litecoin Network seem to be rising, with Bitcoin's hash rate also rising....which in turn leads me to believe that some might be jumping ship.

Any new NEWS from over there ?
25  Economy / Computer hardware / FS: 5x 7970 Mining Setup on: June 27, 2012, 11:33:59 AM
For Sale: 5x 7970 Mining Setup

What's included:

- 5x 7970 Gigabyte Reference Video Cards.
- MSI 790FX-GD70 Motherboard w/AthlonII 215 CPU
- 5 PCIe Riser Cables
(system is up and running currently, I am keeping the SSD, Memory, Power Supply)

UNDERvolted and Overclocked, this setup does 3 GH without breaking a sweat and has the potential to hit well over that if power is not a concern.

I am simply running out of household circuits and this is the first of my (3) 5x7970 Rigs to go, as the other 2 are Xeon based and I will be selling them as CARDS ONLY.
This setup is nearly complete.

300 BTC Shipped to USA/Canada.

Lower LEFT corner....although this is a shot of the 15x 7970s that I am currently running.
26  Economy / Computer hardware / WTB: 25+ BFL Singles or 2+ Mini-Rigs on: June 24, 2012, 10:15:54 PM
I am looking for some BFL hardware to hold me over till my (4) SC Mini-Rigs get here.

Let me know what you have and what you are asking.

I will require shipping to Western Canada.

27  Bitcoin / Mining speculation / [ANNOUNCE] Bitcoin ASIC FPGA Time Machine on: June 24, 2012, 09:31:13 PM
I am proud to announce the latest development in the Bitcoin Mining Marketplace...

The Bitcoin Mining Time Machine.

Loosely based off the 'Uncle Rico' unit, it will allow Miners to go back in time to January 2010 using their existing equipment to mine at that difficulty.

Pre-Orders are now being accepted. Delivery is expected to begin within 6 months.

**If you believe that this thread does not belong, please consider that I at least have a picture of my 'imaginary' product.
28  Economy / Computer hardware / WTT: Radeon 7970s for Radeon 5870s on: June 20, 2012, 10:26:38 AM
I am looking to get a hold of a few Radeon 5870s to fill up some slots I currently have empty.

I am looking to trade 1 of my Gigabyte Radeon 7970 Reference Cards for 3 of your Radeon 5870s (yes, 1:3 Ratio).

Why 1:3 ?
My 7970s are approx 2 months old, Your 5870s are most likely 2 years old.
My 7970s have near-full warranty still, your 5870s likely have none.
My 7970s have also been undervolted and kept UNDER 70c since day 1 of mining.....
(CGMiner reports stock voltage, but they currently run @ 1.03 V using AfterBurner for Voltage Control and Memory underclock)

Anyone interested can PM me or post here.

Shipping to Canada will be required.

If things don't pan out here, I can get pretty close to my goal on Ebay, but I figured I would try here first to save time.
I can get 2 brand new 5870s on Ebay (in Canada) right now for what I can sell my card for, so I figure asking for 3 used/well-mined cards is not out of the question.

29  Other / Off-topic / BFL Trade-Up Program - I have seen the light ! on: June 20, 2012, 01:56:04 AM
All sarcasm aside, BFL have made many current customer's dreams....a NIGHTMARE.

You can trade a regular Single in towards the purchase of an SC Single, but you can't trade in two regular singles to get an SC Single.  I know people would rather do that, but it's not a working business model.  


So, what this means is, all of you mini-rig owners and multiple mini-rig owners, be prepared to pay an additional $15,000 for each upgrade unless you want your 25 GH rig to become a door stop once ASICs fully penetrate the market and leave you in the dust.

I am now done. Argue, fight...fuck, I really don't care, because I LOST NOTHING....
(and am laughing , as you can't see my face, so you will have to take my word for it)


First off, I want to apologize to everyone who pointed out and said I was wrong, in regards to my previous SPECULATION(S)....
I HAVE SEEN THE LIGHT and it all makes sense now.

SO..Get your BFL Orders in SOON ! ....while there is still product to be shipped.
With BFL's 100% Trade-up Value Program, you have nothing to lose, but only gain.

For those wondering, "What will I be able to do with my current BFL hardware ?", here it is.... just a few examples:

- Trade 1 old BFL Single for 4 new Jalapenos ($600 vs $600, 850 MH vs. 9 10.5 GH !)
- Trade 2 old BFL Singles in for 1 new ASIC Single and pay only $100 difference ! ($1,200 vs. $1,300, 1.7 GH vs 40 GH !)
- Trade 11 old BFL Singles in for 5 new ASIC Singles + 1 Jalapeno AND Pay only $50 difference ($6,600 vs. $6,650, 9.4 GH vs. 203.5 GH !)
- Trade 50 Old BFL Singles for 1 new ASIC Mini-Rig ($30,000 vs $30,000, 43 GH vs. 1TH !)
- Trade 2 old BFL Mini Rigs for 1 new ASIC Mini-Rig ($30,000 vs $30,000, 50 GH vs. 1TH !)

...but what am I telling people something they can figure out for themselves. You all know what the deal is, right ?
The TRADE possibilities would be ENDLESS ! - With little or NO MONEY involved !
Show your support for the company that strives to support YOU ! YOU HAVE NOTHING TO LOSE.

I personally can't wait for this Trade-Up program to commense...
IT WILL BE LIKE Christmas when it does (and I mean the FEELING, NOT the time of year).


PS> I am not affiliated with Butterfly Labs in any way. I am just providing this info, because I CARE.

For anyone who missed the day's events, please understand that this post is 7,000% PURE SARCASM
...(yes, Seven Thousand Percent)
30  Other / Off-topic / Someone else can waste their own time getting to the bottom of this... on: June 19, 2012, 08:05:06 PM
Dear Butterfly Labs,

31  Other / Off-topic / BFL ASIC Announcement - Truth or Troll ? - The LONG CON just got longer on: June 18, 2012, 05:35:38 PM
It's become quite obvious that lately, BFL's 'Heat' has been taken away by Enterpoint, a REAL FPGA & ASIC Manufacturer.

This can be seen as of late in how BFL have resorted to public Trolling.

I personally believe that BFL's recent 'Press Release' was nothing more than FUD to scare the community away from competing FPGAs and boost their own sales with a combination of that same FUD and their 'Trade-Up' program.
No timeline, not even an update on their own site.

It was also demonstrated by another forum member that a Yahoo Press Release isn't THAT difficult to get up on the web, with little or NO facts backing it up.

What do you think ?

(ps. Yes, I am a TROLL for starting this


I can't wait for BFL to release all of their Rules and FINE PRINT, in regards to their 'Trade Up Program' when all is said and done.

Sure, you might be getting 100% of your Single or Mini-Rig's value credited towards ASIC hardware, but if for 1 second you believe that BFL won't be using this as a way to get MORE money out of you....then you have another thing coming.

What do I mean ?

Well, let's lay out the hardware first...

Current Gen:
- Bitforce Single, 840 MH/s @ 599 USD
- Bitforce Mini-Rig, 25 GH/s @ $15,000 USD

Next Gen:
- BitForce SC Jalapeno: a USB powered coffee warmer providing 3.5 GH/s, priced at under $149
- BitForce SC Single: a standalone unit providing roughly 40 GH/s, priced at $1,299
- BitForce SC Mini Rig: a case & rack mount server providing 1 TH/s, priced at $29,899

For those miners that might not want to make the jump into a $30,000 ASIC Mini-RIG, that are currently Bitforce Mini-Rig Owners...and simply want a small increase in performance....GOOD LUCK
Since reading the BFL Press Release, if you think it will be as easy as trading your current Bitforce Mini-Rig @ $15,000 straight across for, say, 11x SC ASIC Singles and a couple of Jalapenos to make up the difference in price, or that your current Bitforce Single will be able to be traded 'UP' to a small handful of ASIC Jalapenos straight across, or enough to make up your 'price credit'...... - THINK AGAIN.

Here's how I think the 'Last Nail in the Coffin' will play out...
The Jalapeno will be sold outright, new purchases ONLY.
The Bitforce Singles (current) will ONLY be accepted for 'Trade-Up' against the purchase of a $1300 SC Singles (they get another $700 out of you)....
The Mini Rigs will ONLY be accepted for 'Trade-Up' against the purchase of a $30,000 SC Mini-Rig (yes, they will get another $15,000 out of you).

..AND I believe this will ONLY be a 1:1 trade-up Ratio. So, no trading in 2x current Bitforce Mini-Rigs for a single ASIC Mini-Rig etc..... THEY WANT MORE OF YOUR MONEY and have put you in a LOSE/LOSE POSITION....

I wish everyone the best of luck with the 'Trade-Up' Program....YOU WILL NEED IT....ALONG WITH MUCH DEEPER POCKETS.

Looks like the 'Long Con' can play out a number of ways.....BFL just guaranteed themselves a steady income stream for the next 2+ years and no one can do anything about it. Either keep your current BFL hardware when it's slow and useless OR BE FORCED TO SPEND MORE (not given a choice) BEING FORCED to continue paying them...

Good Luck to everyone.
32  Bitcoin / Bitcoin Discussion / A Public Plea to Bitcoin Developers and Supporters alike on: June 18, 2012, 02:20:03 PM
In the aftermath of the recent Butterfly Labs announcement in regards to their 'Endgame' performing ASICs, I humbly ask all Bitcoin Developers and Supporters to take a step back and think about the future of Bitcoin.

In the first day, the Butterfly Labs ASIC announcement has literally KILLED the marketplace and future development of mining devices that have brought us to where we are today.

There has been a large enough shadow of uncertainty cast upon this community to cause more than a few SOLID and well known Securities on the GLBSE to literally CRASH in terms of price, leaving even those proponents of BFL in trouble, caused by none other than BFL.

Let me put this into terms that many of you can easily relate to...
Butterfly Labs wants to be Microsoft. By PREMATURELY releasing nothing more than FUD, they have taken away all incentive for anyone else to compete in the hardware market and would essentially be taking mining out of reach for every-day miners, using nothing more than their GPUs part time.

I think this KILLS THE TRUE SPIRIT OF BITCOIN and everything that it was intended to stand for.
I have a hard time believing that this is the type of growth (on any scale, or in any corner of the Bitcoin ecosystem) that Satoshi had in mind.

My PLEA is as follows...

Developers, please consider periodic DRAMATIC algorithm changes that would keep a single entity from being able to control any portion of the Bitcoin Ecosystem, whether it be hardware, software or anything that might force users out, while only allowing a chosen few to participate in mining.

If the above is not considered, then Bitcoin might as well be renamed Butterfly Labs Coin in the near future, if their ASICs truly do come to life.

I am a small time miner. I only maintain approx 11 GH/s.
I am NOT a hardware or software developer. I have NO 'iron in the fire' (so to speak) but I can clearly see a possible path that will surely be forced to travel for everyone, in time, if this is not addressed.

Windows and Linux..... Just remember that.

1)    BitForce SC Jalapeno: a USB powered coffee warmer providing 3.5 GH/s, priced at under $149
2)    BitForce SC Single: a standalone unit providing roughly 40 GH/s, priced at $1,299
3)    BitForce SC Mini Rig: a case & rack mount server providing 1 TH/s, priced at $29,899
$150 for 3.5 GH/s ? .......this will surely be the downfall of Bitcoin as we know it.

Love me or hate me,
33  Economy / Goods / FS: deathbylollipop Web Project on: June 18, 2012, 01:34:52 AM
It's come time to part with my 'baby'...

This project has become very near and dear to my heart, but as with everything, I think it's time to hand the reigns over to someone else.

Feel free to post comments or make offers here.

Thanks for looking,
34  Other / Meta / MOD Enforced Marketplace Rules on: June 15, 2012, 11:05:16 PM
As with every other forum on the planet that has a marketplace, we need to adopt a few simple 'Marketplace New Thread Creation' stipulations/conditions that when/if not met, result in a Deleted Thread.

...Rule #1 being:


35  Other / Off-topic / PirateFly Labs or Butter@40 - You be the judge on: June 15, 2012, 10:05:01 PM
So, 'doing the rounds' as I tend to do monthly, I decided to get back in touch with Butterfly Labs in regards to possibly ordering 10 Singles.
To my HORROR (and dismay) I was quoted a 'fair' shipping estimate of 10 weeks from time of Payment receipt.


Short of sending them a reply to the email that I received (that I pray could explode hot-acid onto the face of the person reading it) I decided to 'run a few numbers'.....

Let's call BTC a $6 shoe-in currently, or better yet, let's call a BFL Single a 100 BTC proposition.

They want 1,000 of my BTC for 10 weeks, even THEN with no promise of delivery ?
We all know that if BFL quotes 10, then it must be more like 14-16 weeks realistically.

So, let's call it 10. 10 Weeks, with me starving my BTCST Account of 1,000 BTC.
During those 10 weeks, that 1,000 BTC stands to generate 56 BTC (on the first week) per week+ at medium interest (5.6%.....and of course, I would simply let it compound).

So, Week#1 of my 1,000 BTC generating 56 BTC profit, leads all the way up to week#10, at which time the initial 1,000 BTC would be worth just shy of 1,750 BTC.

With THAT in mind, I have to ask....

Does ButterFly Labs have a Pirate Savings Account that they leverage as part of their Business Profit Model ?
(along with mining for 10 weeks with the proposed 10 Singles, generating an additional 35-odd BTC per week on 8,500MH/s, while the 10 units are being 'tested')

So, to summarize:

- 10 BFL Singles @ 1,000 BTC
- 10 Week Pirate Savings Investment @ 5.6% Weekly = 1,750 BTC
- Additional 350 BTC Mined while units are 'burned-in' (8,500 MH/s 10 Week PPS estimate)
2,100 BTC / 10 = 210 BTC Per Unit, Delivered.
36  Other / CPU/GPU Bitcoin mining hardware / 7970 GPU/MEM Combinations on: June 14, 2012, 07:48:11 AM
Well, it's all about trial and error....and each time, I either get closer to that magical combination, or further away.

I am now trying 990/180 on my 7970s (Win7 x64, CGMiner 2.4.2). Please share your results.

@ 990 Mhz GPU, 180 Mhz Memory, 1030 mV
AthlonII 215 DC (60W), MSI 790FX-GD70, 4GB DDR3, SSD HDD, 5x 7970 Reference = 860W Total System Power (at the plug), 2895 MH/s (#3 in pic)

Xeon e5506 QC (80W), Gigabyte X58A-UD3R, 4GB DDR3, SATA HDD, 5x 7970 Reference = 885W Total System Power (at the plug) 2910 MH/s (#1&2 in pic)

37  Economy / Lending / FUNDED: 600 BTC Loan on: June 12, 2012, 10:55:17 PM
Please see my Forum Credit History here, for anyone not familiar with it:

I am looking for a 600 BTC Loan that fits the following 'specs' and offer(s):
- Lending term of up to 6 months.
- Daily/Weekly payments allowable, but for simplicity, interest calculated only once per month (in favor of Lender and less paperwork.)
- Minimum Payment guarantee to borrower of 10% of Current/Relevant Principal + 100% of Monthly Interest, every month.
- Option to Repay Early once my mining proceeds increase.
- Single Lending 'Entity/Group' or Single Lender (single repayment destination)
- Fair MPR% based on my previous credit performance and investment in BTC and the community as a whole.

Please PM or post here with Interest Rate Offer(s) based on the above offer/info.

The reason that I am seeking this loan is to help secure a better position for myself, anticipating the upcoming Mining Reward Halving in 7-odd months, so that I am able to stay 'relevant' and still a viable producer of BTC by way of mining.

I am currently running approx 10GH/s at my farm here at home, which at THAT speed is slightly lowered (approx -1.0+Gh/s) to help with heat over the course of the summer months.

I just don't want to wait till the last minute to get all of my ducks in a row, as we all know about the reward changes.
Again, in the end....I just want to 'maintain' the best I can and stay as relevant/profitable as I can.

I may very well be one of the most ignored users on the forum, thanks to my 'abrasive' posts and views at times, but one thing I am also is, HONEST.
I hope that my track record in regards to financial matters speaks for itself and continues to do so.

With my 1-Year Forum Anniversary just around the corner (July 18, 2011 join date), I would hope that potential Lenders also take that into consideration to further show my will to stick around and stay LONG BTC Wink

thanks to all who take the time to read this and/or post/PM an offer to fill my request,
38  Other / Off-topic / FPGA Shipping on: June 09, 2012, 07:35:46 PM
Hypothetically, let's say I am currently in the market for 8-10 FPGAs right now and want them in 2 weeks MAX, in my hands in Canada....

What are my options ? ....short of paying a premium for used items... ?
39  Economy / Computer hardware / FS: LGA1366 (i7) Intel Xeon CPUs on: June 08, 2012, 09:58:43 PM
These Engineering Sample (ES) Xeon CPUs have all worked flawlessly in every X58 motherboard I have tried as well as all 5500/5520 Server Boards.

I have not put these into a board that they have failed in....
(Misc. Asus, Gigabyte, SuperMicro, eVGA - X58 Single CPU and 55xx Dual-CPU Server/Workstation Boards)

Although some configs lack reporting of Model# in Windows System Info, CPU-Z and/or CoreTemp ALWAYS recognize the CPUs.
All function 100% with Speedstep/Voltage/Multiplier Controls/Dynamic Underclocking/Power Savings etc.

I make no guarantee for their overclocking abilities (as I never overclocked any of them), as my main concern when using them was proper Power Savings and Dynamic Underclocking (SpeedStep) functionality for my miners.

All CPUs are Dual-QPI, so are Dual-CPU or Single-CPU Capable.
These will be available in SINGLES or MATCHED PAIRS as noted.
There are also 2 OEM E5504's (HP Server Pulls) available that are NOT Engineering Samples.

- Xeon E5502 ES, Dual Core, 1.86Ghz, NO Hyperthreading (2 threads/CPU), 80W (6 available, can be sold in singles or matched pairs)
$65/each - $120/pair shipped (USA/Canada)

- Xeon E5504 OEM, Quad Core, 2.00Ghz, NO Hyperthreading (4 threads/CPU), 80W (2 available, sold as a matched pair)
$300/pair shipped (USA/Canada)

- Xeon E5506 ES, Quad Core, 2.13Ghz, NO Hyperthreading (4 threads/CPU), 80W (3 available, sold as 1x single and 1x matched pair)
$140/each shipped (USA/Canada)

- Xeon E5507 ES, Quad Core, 2.26Ghz, NO Hyperthreading (4 threads/CPU), 80W (2 available, sold as a matched pair)
$340/pair shipped (USA/Canada)

- Xeon X5550 ES, Quad Core, 2.66Ghz, Hyperthreading (8 threads/CPU), 95W (2 available, sold as a matched pair)
$600/pair shipped (USA/Canada)


All offers are welcome. Priority given for PAIRS.
Shipping Canada Post from Calgary, AB, Canada.

thanks in advance,
40  Economy / Computer hardware / WTB: 3+ MATCHING Small Raptors, VelociRaptors or SSDs on: June 08, 2012, 09:20:47 PM
I am looking for 3 or more small matching WD Raptors, WD VelociRaptors or (any brand) SSDs for a dedicated RAID5 array for a new Virtual Environment that I am setting up for all my Bitcoin Financial workings.

Let me know what you have, what you want for them and if you can ship to Canada (Calgary,AB)

thanks in advance,
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