Sorry if this was discussed, but in USA if you buy stolen property and you are caught with it you have to return it to the original owner at your loss.
Now, lets say someone did steal the Mt Gox. Bitcoins, and then you bought some of them unknowingly.
If they could trace back through the blockchain that those bitcoins were indeed stolen Mt. Gox. coins, wouldn't they be able to take them back from you?
I doubt that this would happen. The Bitcoins would not have the same address. They are not the same Bitcoins. Maybe Bitcoins obtained straight from a stolen source are one thing, but Bitcoins that have transferred MANY times with differing amounts over a year? What basis would that be? They do not do that with cash or currency. sure they do, the OP is correct if you are able to track, trace, or connect the dots then you are obligated to return the money. Jewish organizations are collecting gold, money, and many other valuable things that they were able to convince a judge, and or jury that was stolen from their people during their stay at auschwitz concentration camps. the blockchain provides a perfect vehicle for that connecting of the dots. Now let's look at it in a bit of a different way, if I sold my car to you and you gave me counterfeit money which I took to the bank, who subsequently confiscated said fakes funds. Do you think you are off the hook for my money? Of course not, regardless of the law, but in this case the law is on my side. You would also need to do some 'spaning to the coppers. The very definition of money laundering is taking ill gotten gains and introducing it into legal commerce. So if you purchased a btc for $40 when the going rate was $80 or $800 there is likely a good reason for it. The block chain might not be able to tell us the market rate for the coin at that time but you can put together perfect valuations for what the coin was worth at the time of the transfer simply be average all of the coins sold in that block or perhaps the chain of blocks for that hour surrounding that transaction. being uncooperative only serves to distance yourself from the good of the community, as the community matures it will tend to remember the bad guy with perfect recall Armis, in your example here, unfortunately how it really works is that YOU would be in JAIL, even though you TRULY would be the innocent party.....trust me on this one, I deal with this everyday of my life and know for a fact that you would be dealing with it first, long before the bad guy would have to. |
|
|
|
|
so far I would have to say it's a yes and no answer. In theory yes you have tainted goods, whether its currency or not does not matter, but no most of us would not have to give it back or have it confiscated because as time goes by and users move their btc around it will become harder and harder to track.
But if you have a wallet full of stolen/missing btc, and it is traced to you, then that would not be good......
the point.....use your btc more and more.......i know i felt stupid when Apple removed btc wallets from the APP store and I didn't have a wallet on my iphone when I could have had one....but alas there is a remedy for that and so now I have BTC (small amount in case of loss)
on my phone so I can eat.....now to find a restaurant that takes my BTC
|
|
|
|
|
ajet, nice pics of the dualminers on the hubs.....what OS are you using....I am having trouble with Win7, can't seem to get more than 25 or so going at a time....I know my power is good since I have used it to to run 49 antminers and on Win7 to boot....any help would be appreciated. thanks.
and keep us posted on the hub deal. thanks.
|
|
|
|
|
don't mean to be a party pooper, just want everyone to keep their eyes peeled, but last posts from the likes of Canaryinthemine and Silentsonicboom in regards to these hubs was that these were end of life from Asicminer.....now maybe they are making more, all I am saying is be careful, and escrow/Paypal where you can. Good luck.
|
|
|
|
I receive my machine work like a charm mine from 170gh to 220 gh easy to set if u go to youtube and find the avalon miner set up http://m.youtube.com/watch?v=If-padHumv4 for the internet setup . The seller the best . Is no scam . I got problem with the power supply i send email he answer sooooo fast he is going to refund the power supply . That is a seller . Cant wait for the TH machine . The shipping to fort lauderdale fl US 33334 take like 5 days business day . You have a picture you can post with your screen name...thanks. |
|
|
|
@mineryyyyy
Find a right //./COMxx name for LTC only is a pain, so that is why we developed a GUI for that. GUI uses a script to detect miners and ports, than use the right port automatically.
Quick question. I just purchased and set up 13 miners (which all seem to play together nicely). I am running the software downloaded from your site. Everything seems to work fine and then all of a sudden the CGminer will reset. This wouldn't necessarily be a problem, but it doesn't always close out the old instance. What is causing this and what do I need to do to correct the problem? Thanks. hey, not sure if this will help, but trying running them from the ltc batch file provided in the dualminer bundle software, and of course modify the file accordingly. |
|
|
|
|
hey @el,
hope you don't mind, but I pumped scryptguild on some other threads, hope it helps.
|
|
|
|
I'm a Scrypt noob, so be nice! And this post probably belongs in the CGMiner thread. But I'm afraid I'll be shredded for my ignorance over there.  I've been mining BTC for over a year, first with GPUs and more seriously with ASICs over the past 9 months. So I have a handful of AMD 79xx's lying around collecting dust and thought I would try a bit of Scrypt mining as a lark. My problem... I'm a BFGMiner user (with my ASICs that require additional software to run). And for some reason when I try to mine Scrypt with BFG, the stats on the miner show around 600KHs for a 7970, which sounds ok. But the stats at the pool show something like 60KHs and less. I've tried a couple of other pools for comparison with similar results. So I guess my problem is with BFGMiner then, right. So why don't I use CG/SGMiner? Now here's the embarrassing part... when I unpack the compressed CGMiner file, there's no cgminer.exe in the folder! I've tried different versions, checked my AV quarantine, etc. I get no alerts that cgminer.exe is malicious when I download or unpack. But still no cgminer.exe to be found anywhere. Oddly, when I unzip BFGMiner, my AV software puts bfgminer.exe in quarantine but I just have to restore it and it works fine. What the hell am I doing wrong?! Where's my cgminer.exe? Edit... Windows 8. And no, I don't do Linux. hey there, if anything start with GUIMINER then work your way into cgminer.....much easier |
|
|
|
got mine today too...time to get these working.....will be pointing to new pool for scrypt..... https://www.scryptguild.com/index.phpps. this pool is ran by eleuthria, admin at btcguild.com pss thanks demonmaestro.... |
|
|
|
hey all.....new pool to mine on....mines dogecoin when its profitable, and others when they are more profitable too.... plus the server admin. knows what he is doing, btcguild.com is proof of that. https://www.scryptguild.com/index.php |
|
|
|
can I also use a USB Block Erupters?
or only GPU / CPU.
Scrypt only. That rules out USB block erupters. M BUT not Dualminer USBs....they can do both sha256 and scrypt mining... |
|
|
|
|
hey eleuthria. As always amazing work.
I have not moved my miners yet to scryptguild.....but I have been keeping an eye on scryptguild. I am getting ready to move to this pool real soon.
couple things....
I use coinwarz.com to check on profitabiltiy and so far have noticed them to be fairly accurate on the amounts estimated vs. real life output...for SHA256 it has been spot on but I only mine BTC.....and on scrypt, I have only mined LTC and DOGECOIN, tried casinocoin for a day but that was a disaster but it too was fairly accurate. My point is that the site might be a good indicator of coins to watch for mining/profit.
thanks for the great pool.....
|
|
|
|
vardiff, nice site, you need to promote more. |
|
|
|
|
hello demon, any word on tracking info. from dualminer? thx
ps. how goes it w/ cube sale?
|
|
|
|
|
Anyone else upgrade to new firmware on Oct. Jupiter? Any hashing success or failure?? I see one failure so far.....
|
|
|
|
We all know the feeling how it sucks to have your farm earning less than 1 BTC per month when it used to earn dozens.  hey threader, don't mean to be a party pooper,.....but.....uhhh......no. I still shoot for a dozen or so........ |
|
|
|
Is there any news on the new version of the mining software?
The current version seems to like to stop mining every day or two.
Other than that the miner works great. I am very happy with it.
Use the custom version of cgminer with cgwatcher. Haven't had any issues in days since I stopped using the GUI. can you help out with link to cgminer with cgwatcher.... Thx |
|
|
|
kano, recently eleuthria mentioned something about changes to guild server, might affect some miners and their displayed hash rate....check out his thread and recent posts.... ps. hope this helps |
|
|
|
It's true the Chinese are pretty much buying these units for about $170/unit... while the americans are paying $400-600/unit god damn
not this one... |
|
|
|
|
Show Posts
