Je ne suis pas Satochi.

Is there a way to persist the cgminer config after setting load balancing through SSH?

Not at the moment. But it is really very simple. I just placed and secured the 2 exhaust fans over the top wire shelf and built the shroud around the fans. There is a window behind the shelves which I boarded up, painted nicely on the outside, into which I installed 2 vents which are ducted to the fans.

Homemade tin foil shroud with 2 x 250 CFM extractors from Home Depot (piped out a basement side window). Just enough to extract heat from 2 x S7s and 2 x Neptune cubes exhausting upwards.

I would consider it if at MINIMUM the following are in place:
- Some kind of insurance similar to the FDIC insurance that protect depositors at US banks,
- A guarantee that the CEO goes to prison if depositors' coins are lost, regardless of whether the loss was due to bad business decisions, unintentional negligence or criminal intent.

The hospitality industry. Don't want to say too much more about this at this time though.

I didn't know Star Xu was American.

Yes, even the Yuan in China and the Yuan in HK are priced differently. There are a lot of painfully boring studies such as http://www.bis.org/publ/work492.pdf that try to explain the CNY-CNH vairance. The Yuan in Hong Kong (CNH) is not 100% fungible with the actual CNY.

Note that CNH is not even an official ISO 4217 currency code but many trade settlement systems have the code programmed because they need to account fo the difference with the CNY.

I wish those crap machines that take 5 seconds or longer to verify and relay a block would just go away. They are just slowing down block propagation. I hope your machine is not one of these.

How many seconds does your Atom CPU pin at 100% everytime a new block is found and passes through your node?

Of course they technically cannot. They asked the Thai police to arrest him and then they'd need to extradite him back. Depending on the country, the alleged crime and any extradition treaties in place, this is not always possible. For lesser crimes it may be possible for the person to live in the open in many countries and the FBI can't even touch them.

It was not about anonymity but a matter of convenience. It used to be common to have the localbitoins buyer physically deposit money into your bank account using a deposit slip and writing your name/account number on it. He would then post a picture of the slip into the localbitcoins transaction chat (you could also verify the deposit online), and you would release the coins from escrow to him. The buyer did not have to be near you - they just needed to be near a branch of your bank.

Now with banks asking for ID it follows that they will not let a third party deposit cash into your account. Meaning that non-face to face cash transactions are no longer possible for those banks.

Half of zero doesn't save him anything.

The closest thing to earning interest would be depositing coins into Bitfinex and lending them out for swaps. However, you need to be actively managing the swaps because the interest rate changes. As borrowers return your coins they become available again but you'd need to adjust your rate to remain competitive or else nobody will borrow from you (or you are lending them out too cheap). Many people wrote bots to do this.

I have had a PayPal payment reversed after 3 weeks when I sold a CPU to a scumbag on eBay who said that it wasn't working. PayPal transactions take 180 days to confirm before the money is truly yours.

This is a common strategy in momentum stock trading. You buy a stock that breaks past its all time high and sell it when it stops making gains. Then you look for another stock to make the same pattern and buy that. The idea is that your capital is only tied up in stocks that are moving and you ignore those that are languishing and going nowhere.

However, if you are only focused on Bitcoin then this strategy does not make sense.

What will happen? Here is what I think: SOME marginally profitable miners will shut down and you will see a small but noticeable drop in hash rate.

Nothing immediate will happen to the price because the event has already been priced in.

The concept of a p2p central bank is vague to me. Maybe if the OP would lay out more specific details on how all this would work people could give better comments.

For example, how do I become part of the central bank and how can I effect its decisions?

This can be planned in advance giving enough time for ASIC manufacturers to release updated hardware. ASIC hardware becomes obsolete fairly quickly anyway.

Apply some basic math. We are at block 386,654 so we are 33,346 blocks away from halving. That is more like 7.7 months away, not 2-5. Even with the skew caused by a rising hashrate I doubt we will ever reach it in 2 months.

This would require a hard fork. Also if 1 satoshi would be worth something significant we might also consider changing mining schedule to go beyond 2140 - that is make the block reward keep halving into fractional satoshis. This would effect how the last few satoshis are mined, but would have no significant impact on the ~21 million total BTC.