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If you split across enough pools you can't ever have bad luck.
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OP is great guy  As is ehalvers. We worked out our deal very quickly. Prompt messaging and a pleasure to work with.
Even with some chance happenings we were able to work everything out.
I used cryptostocks.com holdings as collateral (you can transfer stocks from account to account)
Thanks again Smooth!
P.S. many stocks on there are fairly volatile to be careful!
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Don't do it yet. Earnings will drop more than electricity savings. But as these become marginal to run, underclocking will prolong their useful life.
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Hi All,
I am new to bitcoin and want to test it,unfortunately i have only $3.40 in skrill account ... if anyone can sell me or lend please let me know
Thanks
Go to the currency exchange section, you might find someone to trade your skrill for btc |
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Eclipse, DGM, nice, lousy luck this week but that's fine.
Eligius: Nice bunch, takes a day to pay out with .04 payout threshold and 300gh going to it.
P2Pool: No fees, you set up.
You can change the payout threshold of Eligius using the My Eligius page on their site (although most people who aren't tiny miners seem to set something close to one day). I haven't tried Eclipse. What do you think of Bitminter? 1% fee but they pay transaction fees and merge mine NMC, which Eclipse doesn't. Seems like that should come out about the same or maybe a little better. Also p2pool you don't need to set up if you use someone else's node, although there are certainly some disadvantages to that. There are lots of public nodes with 0% fee. Partial list here: http://p2pool-nodes.info/ |
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On the Ant Miner S1 (unless you modify the firmware), the multiple pool configs are just for backup. It will always use the first pool unless that pools is down, then the second, etc.
You should definitely have at least one backup pool config.
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I have no idea. Should I delete these messages?
"Stop digging" |
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That doesn't mean I carry tens of thousands of dollars in cash in my wallet or store it under my pillow.
BTC shares some characteristics with cash but it differs as well. You can make backup copies of encrypted wallets (private keys) such that physical access to the wallets does release the BTC. Likewise you can split the keys so that access to both are required. Using these properties to create a robust security scheme is a whole separate discussion, likely off topic for the eligius thread, wouldn't you agree? |
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Pretty much off topic anyway, right? Not borrowing or lending BTC. Seems this thread should just be closed.
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I see, that makes sense but as far as myself I don't have any Litecoins, so in order to have collateral I would probably have to go buy LTC with fiat right?
I'm flexible about collateral but it has to be something that can be easily transferred and (if necessary) liquidated. If you have something that meets those requirements then lets talk. |
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It has to be collateral that is readily transferrable either to the lender or to a trusted escrow (and then of course back to the borrower after the loan is repaid). Altcoins (especially LTC) is considered the best collateral but I'm quite flexible on a case by case basis.
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Loans outstanding none Loans repaid 1. Loan dated March 19, 2014. ehalvers 0.317 BTC due April 9, 2014 (repaid early at reduced rate of 0.308, March 20) 2. Loan dated March 22, 2014, CIMF 0.101 BTC due March 29, 2014 (repaid 3 days early) 3. Loan dated March 26, 2014 Raskolnikon 0.0648 BTC due April 15 (repaid 2 weeks early) 4. Loan dated March 23, 2014 ClutchThese seller financing AntMiner S1 balance 0.62823 due April 23, 2014 see post https://bitcointalk.org/index.php?topic=521862.msg5849367#msg5849367 (repaid April 3, 2014) 5, Loan dated April 1, 2014 tkeod seller financing AntMiner S1 balance 0.27468 due May 1, 2014 see post https://bitcointalk.org/index.php?topic=521862.msg6013938#msg60139386. Loan dated October 3, 2015. bitl0ck 0.5075 BTC due October 21, 2015 - due date changed to October 27, 2015, 0.50 repaid, and additional 0.5075 due, for a total of 0.515 now due - fully repaid 7. Loan dated October 27, 2015. Heutenamos 0.24 BTC due November 26, 2015 8. Loan dated January 15, 2016. Heutenamos 0.21 BTC due Feburary 19, 2016 (repaid January 23, 2016) Defaulted 1. Loan dated April 8, 2014 tkeod seller financing 2x AntMiner S1 1.87961 payment 0.4 btc/week (bal: 1.334872661) see post https://bitcointalk.org/index.php?topic=521862.msg6136509#msg6136509 See default |
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Collateralized loans only, unless you have insanely strong reputation (in which case I probably already know who you are so if I don't, don't bother).
I have 100+ BTC to lend. I can raise more if there is a strong proposal.
I have a long-term reputation on this forum and I can point to other trading reputation.
Minimum loan amount is 0.05 0.5.
PM or reply with loan requests meeting these criteria.
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However, I will note that Cryptsy has a nice auto-sell feature. As soon as coins are transferred into your Cryptsy deposit address, they are traded out for BTC, and the BTC is held.
They say not to mine directly to the exchange but given that eligius pays out NMC more or less manually this should be fine. EDIT: Not intended to suggest that Cryptsy is "safe." I have no idea. |
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What about those blocks marked as "Unknown" taking up 23% of the hashing power? Are they really unknown or is that a blockchain.info bug?
Probably very large miners solo mining or using a private pool. |
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Not sure what you mean by email alerts. I will PM you about the high speed relay.
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Ok, didn't realize you were speaking to nodes with limited resources. I happen to be one of the "guys with bigger connections"....100 Mbps with burstable to 1 Gbps in a data center. Daemons on a separate dedicated server than p2pool.
I recommend that you allow lots and lots of incoming connections to make up for the rest of us  Also, in your case (and possibly others, not sure) you should addnode your bitcoin to the high speed relay. Do you know how to do that? |
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Will this affect the lower chance of orphans blocks feature? I think the default when incoming connections is closed is to have 8 outgoing...so will going from 120 to 8 increase the chance of an orphan block? No (well maybe a tiny bit, but not significantly), because the block will be broadcast to bitcoin p2p by all of the p2pool nodes, not just yours. Also, keep in mind that you can't really send out to multiple connections "simultaneously" since you only have pipe. If anything more connections will make it take longer before anyone receives the whole block, since they'll be competing for your (small) bandwidth. Also, there is no way you can effectively maintain 120 connections on a low bandwidth connection. You better be reducing that a lot (as indicated on the tuning thread). Once you reduce it to a handful anyway you might as well go all the way to zero and not get hit with block chain downloads. I realize that all the other nodes broadcast as well but if they all start blocking incoming connections will we see in increase in orphans?
Not everyone is on a limited-bandwidth residential connection, or running on modest node hardware. Let the guys with bigger connections and nodes carry the load. I don't recommend this for everyone, just someone trying to run a p2pool node with very limited resources. Again, if you don't want to make compromises, you can't effectively run p2pool at all. It's questionable to even run a bitcoin node at all on a bandwidth-capped connection at this point. |
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