So I think I will move a worker over.
#namecoin on irc.freenode.net has an active community if you want to discuss namecoin things.
|
|
|
I cant find too much info on this but what are they exactly? Are they profitable to start minign and where do you exchange them? As difficulty goes up for bitcoin would it be more profitable to make namecoins?
You can exchange namecoins with sellers in forum threads around here, sellers on the dot-bit.org site, or the namecoin exchange. Whether it's profitable or not vs bitcoins depends on the difficulties of the two chains and the price you get for them. I'll leave that up to you to calculate. You can read more about what they are here.
|
|
|
Um, 0.008 is in bitcoins, that 3.80 is the value in bitcoins. So multiply that by the USD rate. I probably shouldn't mention that mining namecoins is good at the moment since it'll drive the price down, but the namecoin network does need more miners.
|
|
|
19 times less income mining those...
bitcoin difficulty = 567358.22457067 namecoin difficulty = 2815.22139486 ratio = 2815.22139486/567358.22457067 = 0.004961982 Current price 1 namecoin = 0.0067 BTC How is mining namecoins 19 times less income than mining bitcoins?
|
|
|
Wouldn't you just need to check at every block (= ~every 10 minutes) if a transaction was in it to an address that you own? Doesn't look that bad to me...
I don't think you can, with an unpatched bitcoind, get notified of a new block, or get a list of all transactions in a block. I'm just explaining why some sites have gone for the 'one shot' deposit option. It's easy to implement. There are other ways of doing it. For example every 10 minutes looking at 'listtransactions' for an address in the deposit list. For my site I'm still exploring the best ways of doing this. Lucky I don't have many users Yeah I plan to switch to UTC. I thought the server was UTC already but forgot I'd set it up with NZ time.
|
|
|
Namecoin/Bitcoin forex rates are basically the same as the difficulty difference, so you won't really profit much from switching to namecoins.
Lowest trades are about 0.006 bitcoins per namecoin. What does the difficulty suggest they should be trading at?
|
|
|
We brought you the Bitcoin Worldwide Exclusive: The new better MtGox: http://TradeHill.com Use Referral Code: TH-R141 for a 10% DISCOUNT FOR LIFE! Please don't advertise it as "The new better MtGox". That implies it's MtGox operating using new software or something. Maybe "The new better alternative to MtGox" or something.
|
|
|
I've been reading up on namecoin, and I figured I might move a couple of my workers over to it to diversify my mining production. Is anyone else considering/has already done this?
There are quite a few people on the namecoin network mining so I'm guessing that people are doing this. Current difficulty is 2815.22139486.
|
|
|
Exactly. I never understood that. And why having an expiration date for address? I mean, just have a deposit address per user is good. That's what they are doing on http://bitmarket.eu and it works well. Because without patching bitcoind it's a pain. You have to constantly poll the addresses to see if any deposits have gone in. Multiply this by 10,000 users and it's not scalable. So by giving a 'one shot' address you can scan only this address, and expire it after a couple of days.
|
|
|
Why does the Trade Hill FAQ mention BitcoinExchange Services (an exchange at bitcoinexchange.cc) as if it was them? Does BitcoinExchange do government fiat currency exchanges or money transmitting services?
No, we do not process any type of government backed fiat currency exchanges, nor do we provide money transmittal services. BitcoinExchange Services simply buys and sells digital commodities, and we use licensed and reputable currency exchangers and money transmittal services such as PayPal, Western Union, Moneygram, major banks and financial institutions, etc., to faciliate our transfers.
Did Trade Hill copy parts of their FAQ or are they the same?
|
|
|
I recently rewrote the pool software to handle more load. You can still withdraw from the old pool account and I'll automatically withdraw the remaining amounts next week to those that haven't withdrawn. The new pool is operating at the same URL and port. Withdrawals from the old pool are available at http://oldpool.bitparking.com/pool. If you have any questions let me know.
|
|
|
It's a great idea, but unfortunately it doesn't work when a .bit site uses vhosts. I don't know if this is used by a large % of the hosted domains, but at least for me it's 100%
The .bit sites need to add a vhost entry for theirsite.namecoin.us. Some of them have done this, but yes, it's a pain.
|
|
|
Just to make sure if I got it correctly: Difficulty in BTC and NMC is calculated exactly the same? This means I can easily calculate how many NMC I would mint instead of BTC and using the conversion rate, if it would pay off... Yes. So namecoin difficulty is currently 2815.22139486. Bitcoin is 434882.72174970. So based on diffculty 1 namecoin is worth 0.00647 bitcoins. Namecoins do have intrinsic value in that they can be used to purchase namecoin domains so that may affect the price somewhat. The high on the exchange is 0.009 and the low is 0.006 at the time of writing this.
|
|
|
Your site is good, but if your users can't log in it's useless. If OpenID isn't working for you, please just change to a simple username/password system.
The OpenID stuff is definitely a bit of a pain at the moment. I'm trying to track down the issues. Part of the motivation for writing the exchange was to stress test the implementation of the language/framework I used to build it. It's done a good job of that in parts. I've tweaked the OpenID a bit again and would be interested if anyone see's the 'Signature didn't match' again (may require deleting existing browser cookies for the exchange site).
|
|
|
Hi, I am looking for namecoins: how many do you propose for 20 BTC ? Thanks
There is an exchange operating at https://exchange.bitparking.com if you want to try buying there.
|
|
|
Extracting namecoins from bitcoin wallets and vice versa would not be for the faint of heart.
I've done this and recovered the coins. If you've sent namecoins to a bitcoin address you can fix it by having the owner of the bitcoin address doing this: 1. Stop bitcoind and namecoind 2. Backup the namecoin wallet.dat somewhere 3. Copy the bitcoin wallet.dat into the ~/.namecoin directory, overwiting the existing wallet.dat (make sure you did step 2) 4. start namecoind with: namecoind -rescan 5. Assuming you have the full namecoin blockchain you'll see the coins in the balance. You can then 'sendtoaddress' to a real namecoin address 6. stop namecoind 7. copy your namecoin wallet.dat backup back into ~/.namecoin 8. start namecoind with: namecoind -rescan If you've sent bitcoin addresses to a namecoin address follow the same steps, swapping namecoin and bitcoin around. Note that it's the recipient of the original send, the owner of the address, that must do these steps. It's probably even better to do all this in a virtual machine with clean wallets so you don't accidentally overwrite your own wallet.
|
|
|
I'm trying to figure this thing out. How do I get started. I downloaded the Windows namecoin client, installed it, and when I tried to run it, it nearly crashed my system.
See if this post helps. Also try dot-bit.org.
|
|
|
I tried to login with my myOpenId account " http://bitanarchy.myopenid.com". I had to turn on accepting third party cookies, to get around a cookie error. After that, I got this: Fatal error: /home/chris/src/ur/openid/src/ur/openidUser.ur:264:28-264:63: Username not found Can you try signing up again? The lack of accepting the cookie in the first place may have prevented it from going through. I don't see a record from that openid url.
|
|
|
How do you earn Namecoins, and how to do you register namecoin domains??
See this post on namecoins for details.
|
|
|
From what I hear, the whole system leaves a lot to be desired.
That's what I hear about bitcoin too. Funny how people resist new ideas.
|
|
|
|