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1  Bitcoin / Pools / Re: [~2700 GH/sec] BTC Guild - 0% Fees, Long polling, SSL, JSON API, and more on: July 08, 2011, 06:05:38 AM
I didn't see you list the "forgot password" function not working. Forgot my password and the link in the email 404's.

Edit:

It is working now
2  Bitcoin / Bitcoin Discussion / Re: Miners calling it quits? on: July 06, 2011, 04:13:35 AM
I just can't wait for fall/winter. My furnace never generated money for me before. I'll keep mining until my furnace is more profitable.

I'll likely have to keep a window open 24/7 just to keep the place liveable in the Winter. There'll be a 6 foot spot in the grass outside extending from the window which will be like an oasis in 6 foot of snow. Where the grass grows healthy and green and the wildlife comes to live in harmony, outside my window.
3  Bitcoin / Mining / Re: Risk reduction for your rigs against failure or fire etc. on: July 06, 2011, 04:00:33 AM
What sort of configuration do you have to run the machines from a 220v outlet (like what type of three pronged connector)? Are you outside of the US since you say it is 13 amps? The 220v you commonly see in the US is usually 30 amp and for a large appliance like an air conditioner, washer, or dryer.

For my rigs, I run them with air cooling and three of them with the open case in my sig. This prevents any overheating with the cards OC'd. For power consumption, I mapped out the circuits in my place (by flipping the switches in the breaker box) and keep each circuit I'm using for mining under 80% load. So if it is a 15 amp circuit, I keep rigs drawing 12 amps combined and below on it.

This is to prevent a fire that could occur by maxxxing out a circuit which can't handle the 24/7 stress causing wires to melt or catch fire from the heat.

I use a Kill-a-Watt meter to test how many amps the systems are drawing to get a good idea.

You might have to do something a bit different if you're in the UK or find a kill-a-watt that works there.

Also, if you can afford it, renters or homeowners insurance in case you really do burn the place down. Also you usually get covered for theft as well. Just make sure you have pictures of any machines serial numbers and what not.

One last thing I want to add. Your GPUs will throttle down once they hit a certain temperature to prevent damage, most of the time. If your cards are too close together inside your case, use a PCI extender to split them up a bit more.
4  Bitcoin / Bitcoin Discussion / Re: Cracked Passwords List Leaked, were you cracked? on: June 29, 2011, 01:24:02 AM
Anything under 20-30 characters is fair game. Use phrases with punctuation and special characters 20+ long or it will be cracked in this lifetime.
5  Bitcoin / Bitcoin Discussion / Re: my linux box was hacked today and almost 400 BTC were stolen! on: June 23, 2011, 03:28:16 PM
Yeah dude, locking your screen isn't going to help when all I need to do is code an app that greps for the wallet and then FTPs it to my server. You can code Bitcoin Malware in under 50 lines. Exploit via 0day, browser, java, bot, whatever.
6  Bitcoin / Bitcoin Discussion / Re: Who has the authority? on: June 21, 2011, 02:05:22 PM
While Mt. Gox couldn't probably just take the money, there is nothing preventing him doing a rollback for example, or canceling whatever order he wants, including ones before the hack. For example, if in your account lifetime you only sent 1000 USD to your account, then by trading bitcoins you grow your account to 10000 USD, he could just say that he owns you only the original 1000 USD you sent to him, that everything else was a game. You couldn't do nothing in that case.

Would the rollback not make Mt. Gox insolvent? There were withdrawals during the incident. Unless they are funding from their own pockets, not everyone would receive all of their BTC if everyone withdrew at the same time. Correct?
7  Bitcoin / Bitcoin Discussion / Re: Will Mt.Gox ever return? on: June 21, 2011, 01:58:37 PM
With the rollback and with successful withdrawals that occurred during this incident, would it not mean that Mt. Gox is simply making it's balance sheet solvent while their actual amount of funds are lacking? This would make them insolvent and they would not be able to honor all BTC withdrawals, unless they are funding from their own pockets.
8  Other / Archival / Re: MtGox: What happened / Why a rollback is the only right call here... on: June 21, 2011, 01:53:00 PM
That explains the question:
Was it a real trade? Where the trades real? Answer: no

What was it then?
Answer: A software exploit. This could have happened on many different levels. It could've been a SQL Database attack, it could've been an exploit in the website code itself, etc....

What information is this based on? The current "official" story is that read-only database access was obtained through a side channel.

No further information is needed to explain the observed sales. That is simply the effect of filling every single open buy order.

If this were true, as the OP is suggesting and claiming. Then performing the rollback would make the Mt. Gox balance sheet "solvent" but they would be insolvent.

OP, yes, this is all numbers like you say. Yet, if people do not come back to pay their "negative balance" then what you are suggesting would mean Mt. Gox is likely insolvent and cannot honor all withdrawals.

Edit:

Ah, looks like you want the topic closed. Makes sense.
9  Other / Archival / Re: MtGox: What happened / Why a rollback is the only right call here... on: June 21, 2011, 01:44:30 PM

So you're going to "rollback" those who have already withdrawn to their personal wallet then? Wink

Some people who withdrew to their wallets still have enough to cover their withdrawal in their account. For example, if I had 1000 bitcoins, made another 2000 bitcoins during the crash, then withdrew 500, after the rollback, I'll have 500 left. (The original 1000 - the 500 I've withdrawn).

Some peoples' accounts might be 'negative' because of withdrawals. Mt gox will have to cover these losses if the users don't return the funds. I'm sure it isn't that much.

I'm sorry but this is a laughable solution in my opinion. Mt. Gox needs to cut their losses and compensate this alleged owner of the original alleged user account that was allegedly compromised.

If you expect people to take Mt. Gox seriously when their account balances go negative, then you're just as crazy. Mt. Gox does not control the exchange rate and they will no longer be a central exchange. They cannot dictate market value of the BTC any longer.

If you withdraw more than you have, your balance goes negative. I doubt anyone with a negative balance will return it when they can just open a new account, but that is just how math works. I don't see what is laughable. If you had 1000, and withdrew 500, you have 500 left. This isn't a "solution" this is the way numbers work.

And how could they "cut their losses" by coming up with 400,000 bitcoins. I don't even think there are 400,000 available for purchase. The price would be more than they can afford. When you "cut your losses" you are supposed to lose less, not more.

lol... nvm
10  Other / Archival / Re: MtGox: What happened / Why a rollback is the only right call here... on: June 21, 2011, 01:37:27 PM

So you're going to "rollback" those who have already withdrawn to their personal wallet then? Wink

Some people who withdrew to their wallets still have enough to cover their withdrawal in their account. For example, if I had 1000 bitcoins, made another 2000 bitcoins during the crash, then withdrew 500, after the rollback, I'll have 500 left. (The original 1000 - the 500 I've withdrawn).

Some peoples' accounts might be 'negative' because of withdrawals. Mt gox will have to cover these losses if the users don't return the funds. I'm sure it isn't that much.

I'm sorry but this is a laughable solution in my opinion. Mt. Gox needs to cut their losses and compensate this alleged owner of the original alleged user account that was allegedly compromised.

If you expect people to take Mt. Gox seriously when their account balances go negative, then you're just as crazy. Mt. Gox does not control the exchange rate and they will no longer be a central exchange. They cannot dictate market value of the BTC any longer. What sort of accuracy can we expect from a rollback? I mean honestly.
11  Other / Archival / Re: MtGox: What happened / Why a rollback is the only right call here... on: June 21, 2011, 01:28:01 PM
"I did a great deal at $0.015 !! It's my right to keep them !!"
For all those who think they have done awesome deals between $ 0.01 and $10.00 and are now being ripped off by MtGox because of the rollback. Sorry folks, but you bought something that didn't exist. Nobody was truly selling bitcoins at $ 0.01
So you didn't buy bitcoins at $ 0.01
MtGox doesn't rip you off.

I hope this post helps.

So you're going to "rollback" those who have already withdrawn to their personal wallet then? Wink
12  Bitcoin / Bitcoin Discussion / Re: Mt.Gox and void trades: Force Majeure on: June 21, 2011, 01:19:16 PM
Lol, I haven't commented on this until now but this is laughable.

It was obvious that Mt. Gox was compromised at least a week before this event. There were people claiming that the USD in their accounts had been used to purchase BTC and then withdrawn on multiple forums, including Reddit. This was at least a full week before and leading up to this incident.

Mt. Gox needs to cut their losses and repay the original account owner. You cannot simply "Rollback" the exchange because people have already withdrawn BTC that was involved.

I mean seriously. I'm half expecting MTux to hop on a chopper to a remote island now.

So long and thanks for all the cash!

This Force Majeure is painfully laughable... I almost feel embarrassed.

I'm the biggest Bitcoin supporter I know, but I'm not going to defend the actions of a Bitcoin exchange like this. Tux needs to come out with an official statement soon. No more smoke and mirrors.
13  Bitcoin / Bitcoin Discussion / Re: Allinvain $500,000 theft & Black Friday related? CIA / Banker Attacks? on: June 18, 2011, 06:53:33 AM
We just have to start accepting bitcoins.

That is the truth. Just start accepting Bitcoin and we'll change the world.
14  Other / Obsolete (selling) / Re: Malwarebytes Keys 10 for sale, 0.1 bitcoin each. 3 KEYS LEFT on: June 18, 2011, 04:36:44 AM
This guy is legit. Keys work great.
15  Bitcoin / Bitcoin Discussion / Re: Does anyone else think it really hit the fan lately? on: June 17, 2011, 04:17:01 PM

Coincidence that the economy has grown 97%  to 98% in the last hundred years?

What are measuring to get those (obviously wrong) numbers?

Merely an exercise. Goldbuggers drop this 98 percent loss of dollar value thing a lot, I wanted to check it against the fact that the economy is obviously much larger than it was back in JP Morgan himselfs day. I myself disagree with gold-fetishism, so I don't accept their metalist incantations without examination.

That's true (that the economy has grown but I don't know by how much), yet, our grandparents could have potentially saw a loss of over 90% of all their savings if they stayed with FRN. Are you really that clever holding onto nothing but federal reserve notes? You can argue all you want about the economy expanding but I only see a fool saving these bank notes.
16  Bitcoin / Bitcoin Discussion / Re: goons are crashing the market again on: June 17, 2011, 03:52:14 PM
I sell my Bitcoins when they get down to $10-$13 because I might lose everything.

I buy Bitcoins when they are at $25, because then they are doing well.

Buy high, sell low.

Words of wisdom that everyone should follow.
17  Bitcoin / Bitcoin Discussion / Re: Dwolla taking forever for anyone else? on: June 17, 2011, 06:13:38 AM
Withdrawing from Mt. Gox in the morning, I have funds listed as available in the bank at the end of the next day.

I have Dwolla setup to automatically deposit as well. I have not had the issues that others have with Dwolla, and they even called me to see if there was anything else they could do for me. I have had a very good experience with them. Maybe there is a sort of trust built with certain accounts.
18  Bitcoin / Bitcoin Discussion / Re: Does anyone else think it really hit the fan lately? on: June 17, 2011, 06:08:53 AM
In the USA the dollar is a much more stable currency and it is far easily used in this country with much less exchange risk. The only thing bitcoin will be used for in the USA is the black market.

One thing about the FRN is that it has lost 97% to 98% of it's purchasing power since 1913. I have purchased soup, toothpaste, steam gifts, VPN tunnel service, VPS hosting and more with Bitcoin. Your argument about use only in the black market seems very invalid to me.
19  Bitcoin / Bitcoin Discussion / Re: Hacker got to my MTGOX account, he converted the USD I had...... on: June 17, 2011, 05:33:35 AM
I bet this is related to lulzsec's recent dump of 62,000 passwords. Password reuse anyone?

You could prolly ask joepie91 Wink
20  Bitcoin / Bitcoin Discussion / Re: Hacker got to my MTGOX account, he converted the USD I had...... on: June 17, 2011, 05:27:36 AM
So who's selling that mt. gox database? Share the wealth. Amirite?

I think it's fairly obvious at this point. Changing your password won't help if they are not hashing passwords either. This is speculation btw, but with so many account breaches...
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