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221  Economy / Service Discussion / The stolen Silk Road BTCs on: March 03, 2014, 03:26:14 AM
folks have already traced 50,000+ coins in wallets still tied directly to MtGox, likely still within their possession?

I do not know all the details, but I read somewhere that MtGox was holding a large amount of BTCs that belonged to the Silk Road. Someone, or a group of hackers, broke into MtGox systems and stole those BTCs (sounds to me like an inside job).

If this is not what happened, then I hereby start an un-substantiated rumor.
222  Economy / Service Discussion / Mt Gox, Civil Rehabilitation on: March 03, 2014, 03:19:20 AM
They filed bankruptcy, so there is zero chance they will send you money any time soon, sorry.

Aah... so tat's what
"APPLICATION FOR COMMENCEMENT OF A PROCEDURE OF CIVIL REHABILITATION"
means.
In the USA, there are 2 or 3 different kinds of commercial bankruptcies. Debtors may receive their monies in full (after the company re-structures itself, which can take years), or partially, or nothing at all (if all assets are liquidated, and some debtors are given priority over others).
Anyone knows how this works in Japan?
Anyways, an announcement will be made in few hours. So let's hope it will tell us what to expect.
I have my life savings (0.65 BTC + US$45 Cash) with MtGox Cry
223  Bitcoin / Hardware / Linux editors on: March 01, 2014, 05:12:06 PM
Not the command line.  From the WebUI.  Go to the system/software tab in the WebUI and install the packages from there. 

Aha.. did that and nano was not listed under "Installed Packages"
So, I entered "nano" in the box "Download and Install Package"

B I N G O ! !
And I verified it's available and working from the command line.

We are both geniuses!!  Wink Grin
224  Bitcoin / Hardware / Using an editor to edit the asic_freq file on: March 01, 2014, 04:43:17 PM
There are a few editors you can install if vi isn't your cup-o-tea.
Go to System/Software and look through the available packages.  
Nano is a popular one and may be more to your liking. That's what I've been using on my S1.

Thanks for the tip. I am much more comfortable with nano, use it all the time on my raspberry Pi's.
 cd /
cd System
I get -ash: cd: can't cd to System

Where's that directory located?

Otherwise, can I install nano? Is there an equivalent to apt-get install ?
Or, "what the heck, just learn to use vi and stop whining"... said I to me.
(New to Linux, just feeling my way around!)
225  Bitcoin / Hardware / Re: My Adventure Overclocking on: March 01, 2014, 04:30:18 PM
That's why I don't mess with multiple PSU's anymore...they may be a nominal solution however definitely not as trouble free as a single PSU.

Agreed! Not only trouble-free, but also less electricity cost!
I had two 400Watt PSU's lying around, so that was a faster cheaper solution than buying a new 600W PSU!
226  Bitcoin / Hardware / My Adventure Overclocking on: March 01, 2014, 03:51:41 PM
Some hair-pulling moments I thought I'd share Smiley
First, using vi editor to edit the asic_freq file is no fun. vi is really awkward. If you have never used it before, open a cheat sheet and familiarize yourself with it before trying to edit the configuration file.
http://www.lagmonster.org/docs/vi2.html

After changing the settings, one of the two blades seemed to go offline. I was hashing at half speed!
Panicking, I went back and restored the original settings in the asic_freq file.
Still hashing at half speed.
Long story short and after a lot of hair pulling and system reboots and powering off and then back on, I re-entered the overclocking settings and decided to try something weird.
I am using TWO PSUs because I did not want to splice and cut power cables and mess with the black and red connectors (so I am using only the two 6-pin PCI-e power connectors on the S1).
I switched PSUs! So the one connected to the non-responsive blade was now connected to the responsive one and vice versa.
Eureka!
Happily hashing at close to 200 GH/s!!
227  Bitcoin / Hardware / Re: [Setup & Troubleshoot] Bitmain AntMiner S1 180GH/S miner on: March 01, 2014, 02:16:20 AM
In the newer version 1.4 of the Antminer S1 180Ghz, it appearead new 6-pin white connector   between red/black power supply connector and SN label.
I would like to know what is its purpose. Is it standard 6-pin power supply PCI-E power connector? Can I use it for connecting to the power supply by usual 6-pin PCI-E cable?
Yes, makes life a lot easier Smiley

Received my S1 today, looked at the GRND and PWR connectors and the 6-pin ATX PCI-e connector and scratched my head.
ATX PSU I have has only one 6-pin power cable.
Ended-up using two PSU's !! Will be trying to overclock later, so the extra power may be helpful!
Maybe someone needs to update page 1 of the thread: if you use the 6-pin PCI-e connectore, then you do not need to use the red/black power connectors, to eliminate confusion of newbies like me Smiley
228  Bitcoin / Bitcoin Discussion / Re: Bitcoins, The Movie... on: February 27, 2014, 10:50:39 PM
It's not a conspiracy if we don't tell anyone... Right...
It'll be our secret  Wink
229  Bitcoin / Bitcoin Discussion / Re: Bitcoins, The Movie... The Chinese connection on: February 27, 2014, 02:40:26 AM
You know... lens-cap still on... Batteries died... Wrong format... Bad lighting... Dirty lens... Accidental deletion... Car-noises in the background... CUT, Take 69!
230  Bitcoin / Bitcoin Discussion / Bitcoins, The Movie... The Chinese connection on: February 26, 2014, 02:24:55 PM
bitcoin-loss related suicides due to theft

Don't forget a sequel filmed entirely in China. Wafer factory owners conspiring and getting filthy rich, factory workers stealing ASIC chips, female factory workers raped in their dormitories.

Keep the ideas coming...
Some Hollywood studio executive may stumble upon this thread., and see the potential.
I'd like a small role for myself in the MtGox sequel: a sex scene with Amy Adams who'll be playing a sophisticated British Con Artist.
231  Bitcoin / Bitcoin Discussion / Re: Bitcoins, The Movie... on: February 26, 2014, 02:58:02 AM
So... you want it to be a tragic comedy?

I see a tear jerker in the making...
In the MtGox sequel, let's make it about the rise and fall of the world's largest Bitcoin exchange and feature the life of this hapless British guy:
He has lost his life savings to Karpeles.

BTW... LOVE the proposed movie poster!!
232  Bitcoin / Bitcoin Discussion / Re: GOX ALIVE: Bitcoins, The Movie... on: February 26, 2014, 02:20:23 AM
Come, on... nothing... Not one comment?

Great minds think alike.
I thought it would be a great 2-hour TV documentary though, not a movie.
If a movie, then you'd need a series of movies. Make a movie based on the life of each major player:
The first movie is based on Satoshi Nakamoto. Imagine an actor portraying him that never shows his face.
The Sequel features the lives of some people who Bitcoins made millionnaires.
I'd like to see a movie made about the developer of the Avalon miner. He's a Chinese American who took what may be the first ASIC design to Shenzhen (The Silicon Valley of China) and ended-up being robbed of his invention.
A movie about MtGox... Sure lots of drama, hundreds of thousands of Bitcoins lost or stolen. Utter incompetence by Karpeles.
A movie about the Silk Road.... Aaaaah... now you're talking... drug, sex... how the creator of the Silk Road was tracked and busted by the FBI. That one should be a blockbuster. I'd like to see Leonardo di Caprio play the leading role.

Here's some material to use:
http://www.colbertnation.com/the-colbert-report-videos/425562/april-17-2013/bitcoin-plunge---adam-davidson
Gotta love this:
"I don't understand...  how did this un-regulated imaginary currency - invented by an anonymous hacker, and backed by the full faith and credit of youtube comments - ever go wrong?"

There's a lot more of course, I am only scratching the surface.

233  Bitcoin / Hardware / How do you say "lawsuit" in German? on: February 25, 2014, 03:00:57 AM

Again, I'll speak from my experience with BFL:
http://arstechnica.com/tech-policy/2014/02/new-lawsuit-against-bitcoin-miner-manufacturer-alleges-fraud-negligence/
234  Bitcoin / Hardware / Re: Honest Swiss people... on: February 25, 2014, 12:50:34 AM
Not that it has any meaning, but giorgio massa could be swiss citizen, who knows... I don't care. It has nothing to do with the swiss or switzerland.

Agreed.
I will speak from my experience with BFL.
Honest intentions, but late/delayed delivery of product makes the miner OOA (Obsolete on Arrival).
Now... was there an intention to scam the customers from the get go? Probably not.
Also, the demand is so strong, that these manufacturers are trying to shew more than they can swallow (greed on everyone's part).
235  Bitcoin / Hardware / Honest Swiss people... on: February 24, 2014, 10:48:45 PM
Sorry people for this swiss scam, its a fucking shame for the whole country! fucking scammer company!

But...
giorgiomassa sounds Italian?
236  Bitcoin / Hardware / Who says mining is not profitable? It is IF... on: February 24, 2014, 02:56:27 PM
They plan to make 47 miners and want to mine with them first and sell them and deliver them late.

Well, I am kinda slow... so it took me a while to figure-out the business model. If I was reading on this forum more often, I would have saved myself thousands of Dollars and figured this out earlier.

I previously said mining is not profitable.
Actually ... it is.
If you use other people's money, to develop the ASIC technology, and manufacture the units.
And then, let them "live" in your warehouse mining for you day and night.
When network difficulty is so high that they are nearly useless, let them "leave" the warehouse and ship them to the suckers who paid for them 6 - 8 months ago.
237  Bitcoin / Hardware / It's a f*ck*d-up business on: February 24, 2014, 05:46:48 AM
"We are all a world changing BTC comunity style" its f*** business...
Or Im totally wrong and to nice to bitmine.ch?

The only "PRE"-order I ever  placed was with BFL.
In April 2013, I paid for a 5 GH/s Jalapneo and I received it in November 2013. By the time I received it, the network difficulty had risen so high that it was basically costing me more in electricity to run that Jalapeno than it was generating in revenue.

That was my lesson. Never "PRE"-order.
Look now at what's happening...
The Chinese have beaten the Swiss to the market with the 1 TH/s clones. How many of those "clones" have so far been deployed worldwide; hashing away at a fast-ever-increasing network difficulty?
BFL customers are - once again - royally screwed: they will be receiving (in April or May if lucky), 300 and 600 GH/s Monarchs, when everyone else is using 1, 2 and 3 TH/s products.
Cointerra and KNC customers who paid through the nose for 2 and 3 TH/s units will be lucky to receive their product in March or April. They may make some money before network difficulty goes through the stratosphere. How long would a 2 TH/s unit have to be mining to generate enough BTC to cover its initial cost?

The way I see it, only those who sell their product on eBay as soon as they receive it, are making profit. Mining is not profitable.
The other day, I saw a guy sell on eBay an ANTMINER 180 GH/s S1 model for US$2000 when it cost him only 1.5 BTC to buy it from Bitmain in Guangdong, China.

And so, NO sawsawsaw, you are NOT wrong. if Bitmine.ch honors the terms of their contracts, then what more can we ask for?

Let's all assume the position and receive the royal treatment.
Only the big players  - and Mining Pool operators - are making the real money. Small 100 and 200 GH/s miners (like myself) can only dream of ever joining the big league one day.

238  Bitcoin / Hardware / Where can I buy Chinese clone and how much do they sell for? on: February 24, 2014, 01:49:47 AM
This is that new Chinese clone that uses the A1 chips.

克隆。我喜欢
239  Bitcoin / Hardware / Coincrafts have escaped PetaMine in Belgium and gone to South Carolina on: February 24, 2014, 01:37:38 AM
Bitmine:
Currently:             8 Coincraft Desks fully deployed
Next week:          62 Coincraft Desks
Week 10:              55 Coincraft Rigs
Week 11:              55 Coincraft Rigs
Week 12:              55 Coincraft Rigs
they received 8 desks fully deployed, and they are januar customers!!!
http://www.peta-mine.co/petamine-will-deploy-700-ths-or-8-68-ghs-per-share/

P L E A S E . . .
Help me understand.
This answer means that Bitmine has - so far - shipped ONLY 8 units of their product line to PetaMine?
No-One ELSE has received any units?

The reason I asked the question is that there's a guy who today listed on eBay a 1 TH/s CoinCraft rig as *IN HAND* and the unit now lives in his bedroom in South Carolina, quietly printing greenbacks for him:
http://www.ebay.com/itm/310880749188?ssPageName=STRK:MEBIDX:IT&_trksid=p3984.m1431.l2649

So...
Did his unit come from PetaMine, or BitMine? And how was it shipped from Switzerland - or Belgium - to USA?
240  Bitcoin / Hardware / The answer is NO on: February 23, 2014, 11:13:29 PM
The more you e-mail and call them, the more time they need to answer all of your requests.
So time gets lost where they could actually work on your orders and get them shipped.

This sounds to me like the same guy who answers emails and phone calls runs to the assembly line - between calls, or every 4 emails -  to solder a couple of chips to a board before going back to his desk. Are you taking employment applications? I'll work for BTC only and a loaf a bread at lunch - with some Swiss cheese - every day.

So, my question was: Has ANYONE received any product from Bitmine since September 2013? and so far, the answer seems to be NO. No-one has come forward to say, I have product here in the USA (or anywhere else) and it's printing money for me.
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