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13761  Economy / Marketplace / Re: List of honest traders. on: January 30, 2014, 06:54:07 AM
+1 Judaz49
13762  Bitcoin / Pools / Re: [2500Th] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 # on: January 30, 2014, 06:52:38 AM
I just wanted to find out what happens to old addresses no longer used for mining? Do their balances get distributed to the pool after a certain amount of time?

I'm just asking because I was mining on 2 separate addresses and have moved to one address after finding out how to register different workers on tone account and have an outstanding balance on the old address.

I know from the support page that it's not possible to have shares moved from one account to another, but I would like to donate the balance to the site admin instead. Is it possible to sign a message with the address to allow the transfer of the shares to the site admin or the pool or will that happen automatically after a certain period of time?

Also you can check the info page for the old address. It should give you an estimate of when it will be paid based on being idle.
13763  Bitcoin / Bitcoin Discussion / Re: Hashers are not miners, and Bitcoin network doesn't need them. on: January 30, 2014, 06:45:13 AM
Except for first mover advantage Bitcoin is already worthless/obsolete.

Except for looks I'm about as hot as a Sports Illustrated cover model. Get it?

13764  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: January 30, 2014, 06:42:19 AM
Suggestion: Display a luck calculation for 24 hours, 7 days, 30 days.  We're spending a lot of our mining time now trying to get big (profitable) dogecoin blocks, which is great, but since we haven't hit any our luck is probably negative. Showing the luck will help reassure miners when rewards are low due to randomness.

EDIT: Also, can we add MEOW. Seems to be the hot coin now and a good fit for this pool. (Assuming coinedup is supported as an exchange.)

13765  Economy / Securities / Re: [NastyFans.org] NASTY MINING | NASTY POOL on: January 29, 2014, 11:18:32 PM
Do they have an order queue or something? Any way to find out when ours will ship?
13766  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: January 29, 2014, 11:16:16 PM
Suggestion show approximate BTC value on the blocks found.
13767  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: January 29, 2014, 06:32:42 AM
Mining. I was in the process of writing my own per-block reward switcher but at 1% I'll just use yours. Well done. I was wondering how many other people had noticed that opportunity.
13768  Other / CPU/GPU Bitcoin mining hardware / Re: ASICminer cubes and blades, obsolete? on: January 29, 2014, 06:13:30 AM
Most of the rigs hitting the street are already mining. (You think the manufacturers don't "test" them before they ship? ROFL.) There won't be any dramatic difficulty reset from any new miners shipping at this point. The jump from the first ASICs where we saw superexponential growth for a while was the only big jump that will ever happen, absent a massive move upward in price.

To answer the original question blades and cubes are not "obsolete" in the sense of no longer worth using. They make a lot more than their electricity cost, so at the right price they still have useful value. That will continue for a while (during which time they will continue to depreciate to scrap value, but nowhere near that now).

If you want the latest and greatest, they are far from that.

13769  Economy / Securities / Re: [NastyFans.org] NASTY MINING | NASTY POOL on: January 29, 2014, 06:06:37 AM
http://cointerra.com/pr-cointerra-begins-shipment-terraminer-iv-worlds-fastest-bitcoin-miner/
13770  Alternate cryptocurrencies / Altcoin Discussion / Re: Most Promising Altcoins for 2014 on: January 29, 2014, 05:09:57 AM
Will be interesting to see the value of DOGE in April, when all the coins will be mined (the coin is already 38% mined after only a few months...).

You have to ask yourself why, if the most successful and second most successful crypto coins both have long term mining schedules, almost every single altcoin has a very short mining schedule. I doubt it is because they are trying to be successful. To do that you take what already works and build on it.

13771  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANALYSIS] Altcoin Investing • Added [DOGE] • Very Bubble • Much Pop on: January 29, 2014, 04:47:27 AM
I think it is foolish to hold any of these coins beyond short term speculation.

Bitcoin and possibly Litecoin. The rest are on a short or long trip to zero.
13772  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MemoryCoin | CPU Mining | Pool Mining From GUI on: January 28, 2014, 03:46:36 AM
I take it this coin is being taken over by gpu mining aswell?

Not really, the best CPU miner is competitive with GPU mining. But none of them are very profitable since the price has dropped so much. If you want to mine (whether GPU or CPU) you better be doing it as a hobby or as some kind of botnet where you aren't paying for either the equipment or the electricity. I'd include in the general concept of "botnet" say running a miner on a bunch of computers where you work.



13773  Alternate cryptocurrencies / Altcoin Discussion / Re: Most Promising Altcoins for 2014 on: January 28, 2014, 03:40:15 AM
None, with the possible exception of non-mined coins like Ripple and the colored coins (using that as a generic term).

I'm not one of these "all altcoins are pump-and-dump scams" guys but I do think that Bitcoin and possibly Litecoin will just win on the basis of network effects and first mover advantage. I don't see any of the altcoins having a compelling advantage that would allow it to overtake BTC. Confirmation time is not a compelling advantage because it just requires more confirms to get a safe and stable block chain. For that matter, the hash rates on these coins are so low that they don't secure their block chains well enough even with many confirms. So compared to BTC (and perhaps LTC) none of them are very secure, which gives them a compelling disadvantage. Not a good thing when you are trying to overtake an established leader.

I don't understand Ripple and colored coins well enough to comment on those, which is why I exclude them.

People will get bored with the altcoins as they each stumble and fall to (basically) zero, and that will be the end of that. As far as timing, I don't know. You can't underestimate the willingness of people to jump on the next DOGE. It will take a lot of coin flops before they stop.

13774  Bitcoin / Hardware / Re: [Setup & Troubleshoot] Bitmain AntMiner S1 180GH/S miner on: January 28, 2014, 02:55:31 AM
i will look for 5 ohm resistor 10 watt for 5 volt dummy load.

Just use a USB light or something.
13775  Bitcoin / Pools / Re: [2000Th] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 # on: January 28, 2014, 02:53:31 AM

"250.19174185 BTC are ahead in queue, putting this user's payout after a 10 block delay."

This has been happening a lot this week. Have the payout delays gone up since the trouble last weekend?


A big part of what is going on is there is one huge miner in the pool. When their payouts hit the queue, that can be multiple blocks, and if you're behind that, you will have to wait. For example, the most recent payout to the big miner is 118 BTC -- more than 4 blocks worth. I guess that must have been done manually to clear the queue since that's more than one block, although I don't quite understand how that works in the CPPSRB system. Their typical payments are around a full block, which means no one else gets paid (much) for that block, and the queue backs up a bit. On the other hand, when they don't have a payout in the front of the queue, their hash power will help find blocks faster and speed up everyone else's payments.

So with those huge payments going into the queue, things get more irregular, sometimes faster, sometimes slower.
13776  Bitcoin / Pools / Re: [2000Th] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 # on: January 28, 2014, 02:47:50 AM
basically, all I can seem to buy right now that will deliver in feb is maybe 100-200gh/s miners.... and the thing is, from what I have read, If I pre-order some 2th/s device from cointerra or where ever, I will pretty much have to wait till MAY or later, and everybody says by then the difficulty will be so high that 2th/s will be the equivalent of 200gh/s today.... is that correct?

Predicting the future difficulty is pure speculation.

13777  Economy / Securities / Re: [NastyFans.org] NASTY MINING | NASTY POOL on: January 27, 2014, 11:08:24 PM
Anybody know why our pool doesn't show up on this list?

http://p2pool-nodes.info/
13778  Economy / Securities / Re: [NastyFans.org] NASTY MINING | NASTY POOL on: January 27, 2014, 11:01:30 PM
I moved the funds that were sitting on our exchange to NASTY MINING's BTC holding address.  We'll have to keep a reserve in that account to pay for the remainder of our scrypt miner order (£3,815) when it comes due in a few months.  I also submitted v1.1 of the NastyFans iOS app to the App Store and paid off 20 BTC of our outstanding debt over the weekend.

Like
13779  Bitcoin / Bitcoin Discussion / Re: Hashers are not miners, and Bitcoin network doesn't need them. on: January 26, 2014, 07:55:28 PM
that why i have plan in my PC to alternate 1 hour for pool and 1 hour for solo mining ... to support transactions even if pool fail.

Not a bad idea but a better plan is to alternate between a large pool (for consistent regular payouts) and (your own node on) p2pool (to support decentralization).  P2pool will not pay out as consistently as the big pool but much more regularly than solo mining, with the same benefits of decentralization.
13780  Bitcoin / Pools / Re: [185 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool on: January 26, 2014, 07:52:41 PM
Local rate: 27.8GH/s (5.6% DOA) Expected time to share: 1.6 days

Anything up to 3-4 times the expected interval is pretty normal.

You will also get multiple shares in a day sometimes.

It averages out. 

This assumes of course that your miners are working correctly.
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