No, Ask him to public destroy them by sending to an impossible LTC address.

Ozcoin's ltc pool has big problems, it's unrealistically unlucky (last time I checked, it had a luck of 130%, meaning it spends 130% of the expected average block time to find a block). The pool operator's focus is on his BTC pool, the LTC pool is neglected I'm afraid. You'd do better to mine on a focused LTC pool such as wemineltc.com or give-me-ltc.com

Only if you see Bitcoin as a zero sum game like forex, which it is not. Bitcoin is more like a real world economy, when the economy expands/grows, everyone benefits.

Why would Litecoin holders thank him? if anything he kept Litecoin from taking over, when Bitcoin hardforked. If the Bitcoin hardfork fiasco lasted a lot longer, Litecoin would have a chance to become the dominant currency.

Yes, he could, but we don't know if a scrypt ASIC have any major advantage over GPU? what we do know is a scrypt ASIC must have tons of memory, just like a GPU, and also it would use much more power than SHAxxx, because you have to power all that memory.

You don't seem to understand, AMD's production capacity is pretty much static year over year. Unless the attacker signs contract with AMD to buy $100M worth of chips year after year, AMD isn't going to go through the costly ramp up production just for the attacker. Therefore, this person must compete with regular GPU supply/demand game. This is why in June 2011, AMD high end cards sold out everywhere for months, you think AMD/MSI/Gigabyte etc.. don't want to make money? They literally can't, since AMD doesn't have spare capacity to produce more gpu chips for MSI/Gigabyte to make graphic cards.

Now if the attacker is so well funded, that he can afford to sign multi-year contract to buy Billion dollar worth of AMD chips, then yeah he could possibly attack a scrypt network of 100GH. On the other hand, to attack a SHAxxx network, for example the current Bitcoin network with 100TH, only a less than $10M investment in ASIC is needed.

They would have a problem, as AMD GPU can not be just produced on demand. You can have $100M dollar at hand, and you would still be looking at a big red "SOLD OUT" message on newegg back in June 2011 when high end AMD GPU were sold out everywhere. The attacker would have to carefully and slowly accumulate GPU, without disturbing the market supply/demand, it'll take a long time. By the time the attacker has accumulated a high amount, the GPUs would have become obsolete because it's generations behind the current products.

No, ASIC is a vulnerability, addressed by the scrypt algorithm. GPU is a much better hardware of choice to be based on for decentralization. ASIC can be cheaply mass manufactured by a well funded attacker, while GPU can not, to get massive amount of GPU, you have to compete with the general gamer market, it is extremely difficult to obtain a meaningful amount of GPU to attack the network.

Yes ASIC can also be made for scrypt, but due to the memory intensive traits of the algorithm, the scrypt ASIC will be a lot more expensive than the SHAXXX version, and also power usage will also be higher. The advantage of ASIC over GPU will be a lot smaller in scrypt mining.

Sorry if this has been asked before, so if I have a standard PC PSU (for example from a GPU mining rig). I would be able to power these BE blades, without buying anything extra? is the "adapter" in the videos included in the package?

5@31

coinotron's 11% reject rate and high share difficulty was becoming very annoying for me, so I switched over to your pool. Wow day and night difference, reject rate less than 0.1%, I'm really impressed. Plus all the transparent stats and 0% mandatory fee. I might never go anywhere else  Keep up the good work.

I think at the rate AM is going, you'll be waiting for a long time for cheap shares. I'm not sure if AM will ever be cheap (0.65BTC or less) again, once they are fully deployed, they will likely to keep mining at 30%-40% of BTC network hash rate perpetually, with re-investing of earnings into more hardware. Certainly you will not see cheap shares for this year, since AM will be 50TH in 1-2 months, no other competitor can even come close.

Are you surprised when you try to sell a max worth 2-3 BTC item for 5 BTC?

No split gimmick. My line of thought is similar to warren buffet's $160,000/share BRKA, and also GOOG. High stock prices keeps the weak hands out. $170/share is no where near too high for "small investors".

I want one too, slaves OK!

TradeFortress I'm sorry if this has been asked before, but did you post your verified real world identity somewhere? I think for a service like this, we would need to know.

Go to BTC-E and get them easily. Why would you post here for a currency that can easily be bought on a popular exchange.

It was your own investment decision. If LTC had dropped in value, then your DICE and BBET shares would have risen in value. They dropped in value because LTC went up 1500% against BTC. (well DICE had also dropped in value in BTC too).

Anyway I think it's a bad idea to purchase any security denominated in BTC or USD, unless your intention was to sell your LTC. If you wanted to invest your LTC, I feel the only viable investment is LTC-GLOBAL itself, plus the LTC mining bonds

I suggest you don't try it, I burned my motherboard before on a gigabyte mobo, I didn't know the reason, now after research, I know it's because I put 4x gpu on it. Like the good poster said on top, you'll need powered molex to the pcie bus, to have 4x gpu, so unless your mobo provides this function, it can be burned if you try it.

I'm mining scrypt, I can stably mine at 620 mh with 3x, I overclocked only a tiny bit. core to 1060, mem clock to 1335. If I mine with 4x, doesn't matter if I overclock or not, it always reboots.