80% of the worlds population do not have anything to put in a bank account.
FTFY
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Let me worry about our magazine, why don't you worry about your e-zine?
Why don't you get off bitcointalk.org and finish the damn magazine already???It's been finished for a while now, they're just printing it.
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Temporary block. You are requesting too much getworks per submitted share. This can happen if you run a CPU miner or a botnet, or in certain cases with Phoenix miner. The ratio is dynamic to keep average pool effiency at a certain level, so you may try mining again later.
Is that a problem on my side, or the pool? Never had this problem before
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Considering that these magazines have a high likelihood of being seen and flipped through by the general public, I think it would be a huge help to the Bitcoin economy if EVERY magazine had a one page blurb/faq titled "What is bitcoin?" where the concept can be explained in laymen terms for anyone who's never heard of Bitcoin before.
This breakdown could be edited and revised from issue to issue to make it as simple and short as possible to get the general idea across.
In fact, I've been looking for a simple explanation of what Bitcoin is and how it works, to pass around to friends and family when they ask about it, but I've yet to see a short and simple explanation that covers all the essential bases.
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lol, Rage faces, good idea. But clearly this was the wrong place and the wrong time to ask for serious suggestions I was thinking more along the lines of contributors to computer technology that may not have gotten their due respect.
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I was playing around with the idea of printing some BTC currency for use amongst my circle of friends for paying each other back for random stuff as we do. (only a few hundred BTC worth, backed by my wallet, trusting that they don't counterfeit them) I'll be putting silly/irrelevant characters on mine from movies/cartoons/games, but that lead to an interesting discussion: Who's face would you like to see on official BTC currency?* *Barring any arguments as to the viability of a physical BTC currency EDIT: I missed this one:
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My miners have been going through very consistent "connection problems", simultaneously, every minute or so. Started at the beginning of the weekend. they were going steady for the month prior. Do I need to change my settings or something?
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Looking at bitcoinwatch.com there is a line that tells you how many bitcoins were sent in the last 24 hours. At the moment it is a whole 8% of the total bitcoins in existence.
This makes the bitcoin market appear to be very lively, if 8% of all bitcoins exchange hands on a daily basis.
However, as I understand it, when you send "n" amount of bitcoins from your wallet, all of your bitcoins "x" are sent from your wallet, of which "x-n" are sent to a new adders back you your wallet, and "n" bitcoins are sent to the address you specified. So is your wallet has 100 BTC, and you send 1 BTC, the network sees it as 100 BTC being sent. 99 BTC to you, 1 BTC to the recipient.
Is that how the stat works? Or does it not count the "x-n" BTC?
Also, lets say you send 1 BTC to one person, and 1 BTC to another person, does the stat count it as 100 BTC sent and then another 99 BTC sent, for a total of 199?
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I'm shocked it ever caught on at all
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Perhaps transactions below a certain value would be done with the lower value litecoins. Bitcoin may be reserved for higher value transactions.
There may come a day when bitcoins breach the $100 mark, and then something like a BigMac will cost B 0.05, which is kind of awkward. I'm sure there'll be a decimal shift or something to compensate, but I also think LTC will become the Silver to Bitoins Gold.
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Litecoin is sort of like Bitcoin Pennies, so maybe it needs to find a niche where it can be a subdivision of wealth to an extremely small degree.
If bitcoin succeeds in becoming "The original crypto-currency", then it will become more of a holding medium than a spendable currency, much like gold. LTC, being that block/transaction confirmations are 4x faster, and there are 4x more coins to go around, I think it will become what people eventually end up using for day to day transactions.
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Given the fast pace of the Crypto-Currency landscape, I can see most of the information in this first issue being completely outdated by the time it arrives. Haha. God I hope you're not serious. You're probably right, it's not coming is it?
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Who is doing this? Do they really think this has any lasting effect on anything, and don't they have any better causes to pursue than ddosing pools?
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I'm just thinking out loud here:
I have a stack of Radeon 6950 1GB cards here that'll be mining probably until the end of the year, when the block reward drops, and I'm probably gonna call it a day on these cards.
By that time they'll only be worth $100 each, if I'm lucky, so I want to know if there's any other interesting use for them besides mining and gaming.
First thing I'm going to do is Crossfire 4 of them just for the hell of it, but by then there will be single card solutions with similar performance that draw far less power, so from a practical standpoint they'll be useless on that front.
Anything in development for these cards? Rendering, ray-tracing, encoding...?
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Given the fast pace of the Crypto-Currency landscape, I can see most of the information in this first issue being completely outdated by the time it arrives.
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6950 with stock shaders clocked at 800/1350: 398kh/s 6950 with stock shaders clocked at 900/1350: 434kh/s
What are your litecoin.conf settings?
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Yup... Got a 6870 undervolted to 1000mV @ 850MHz and it's doing 280 kh/s and stays in the 60C's at only 50% fan speed.
What are your litecoin.conf settings?
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Looking at how unstable LTC is lately, I'm throwing in the towel on this one. I'm gonna try a few thing listed above, and then I'm out.
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LiteCoin was different in that it was said to only be efficiently mined on a CPU, so anyone with a CPU could mine them without competing with Radeon Farms. Now it's only saving grace it that the blocks are solved 4 times as frequently as Bitcoins, thus making confirmations for transactions faster.
If anything, Litecoin will become an exchange medium , as there are 4 times as many of them and they confirm faster, and bitcion will become the yardstick for all other crypto-currencies. They will be far too valuable and slow to spend in the future, providing it perseveres.
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