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1  Bitcoin / Bitcoin Discussion / Re: A small weakness of bitcoins? on: June 06, 2011, 02:13:57 PM
Yes, hi. I'm new.

I just ordered some video cards to do some bitcoin mining, so I'm researching.

Hm. The block chain. Something that will grow into a gigantic distributed database?

http://en.wikipedia.org/wiki/Bitcoin#Block-chain_and_confirmations

2  Bitcoin / Pools / Re: BTC Guild - 0% Fees, Long polling, SSL, JSON API, and more [~550 gH/sec] on: June 06, 2011, 01:53:53 PM
Hey Eleuthria, I've got a general technical question.

Since you said bitcoind wasn't putting much of a load on the server, how come you don't run multiple bitcoinD, each mapped to a separate port?
3  Bitcoin / Bitcoin Discussion / Re: A small weakness of bitcoins? on: June 06, 2011, 01:42:17 PM
So, what if that older wallet had bitcoins you already spent? What is stopping you from going back to the older wallet and spending them again?
4  Bitcoin / Pools / Re: [Mining Pool] SIMPLECOIN.US (0% fee, Instant Pay, LP, JSON, Opensource!) on: June 06, 2011, 01:10:14 PM
Proportional, not score-based? Sigh, guess I'm stuck on Slush where people can't steal from me.

I should write a pool hopper and join the ranks of the thieves.

I don't understand. How would switching pools work in your favor?
5  Bitcoin / Mining / Re: Is it possible to use 4 X 6990's? on: June 06, 2011, 12:38:44 PM
I'm curious to see who else is planning on venting their mining rig to the outdoors.

According to the wiki page, that's a max of 375w per card. 1500w just to power the cards.

That's converting 1500w of electricity to heat, 24/7. It's like turning on a blow dryer and just letting it sit there.

Water cooling them will just move the heat from the cards to the radiator. (water pumps also require power and generate heat.)
6  Bitcoin / Pools / Re: BTC Guild - 0% Fees, Long polling, SSL, JSON API, and more [~550 gH/sec] on: June 06, 2011, 12:32:03 PM
This may be a dumb question, but on the Block Statistics page, it says that 550 Bitcoins "Need Confirmation"?

I'm not sure what's involved in confirming bitcoins, but doesn't that seem high?
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