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261  Economy / Service Discussion / Re: Butterfly Labs on: April 26, 2013, 06:29:20 PM
Why would they consent to an audit in any case?

Some points:

1.) They already have your money, they don't need your trust or good will
2.) BitCoin is supposed to be all about independence and security and anonymity.  Why would they open up their books?
3.) The best case scenario for them allowing an audit, would be some people on a forum would trust them more.

They'll either deliver or they won't.
262  Bitcoin / Bitcoin Discussion / Re: Bitcoin Hack at 6:22pm EST on: April 26, 2013, 05:24:52 PM
For 0.78 BTC you just got a very inexpensive lesson in security.  Don't let those coins be spent for naught.
263  Bitcoin / Bitcoin Discussion / Re: Is MLM ideal for bitcoin? on: April 26, 2013, 03:08:38 PM
I'm a Level 3 Thetan, what's my payout percentage?
264  Bitcoin / Bitcoin Discussion / Re: Is MLM ideal for bitcoin? on: April 26, 2013, 02:49:32 PM
That's a string of nonsense. In essence there is no product.

265  Economy / Service Discussion / Re: Butterfly Labs on: April 26, 2013, 02:48:09 PM
Let's see... 1500 Gigahashes divided by 350 megahashes... You need 4286 of my 5870 graphics cards, drawing 300 watts each? That's 1,285,800 watts, or... ahem... 1.21 Gigawatts if you round properly Wink
I think mega comes before giga.   you are talking about the output of a nuclear reactor when you "round" like that.   you are not correct.
plus he was asking about what a minirig would require and the answer to that is about 9 kilowatts or more than a typical american house uses

You missed the entire point of this post, but that's OK.  I want you to experience this joy for yourself.  Go legally acquire a copy of Back to the Future and watch it.
266  Economy / Service Discussion / Re: Butterfly Labs on: April 26, 2013, 02:46:27 PM
Quote
yeah hes a fat bastard but he is the most mellow cat ever.  It makes me forget how aggravating people can be.  I think when this whole thing blows up, I shall refer to them as Larvae Labs since a beautiful butterfly emerging just isn't going to happen.

How do I make wagers against it happening?

I will not wager for something terrible to happen to a community I love. I truly hope I am wrong about BFL.

Good.  Please place a wager that they WILL deliver.  It ups the odds Smiley
267  Economy / Service Discussion / Re: Butterfly Labs on: April 26, 2013, 04:01:55 AM
yeah hes a fat bastard but he is the most mellow cat ever.  It makes me forget how aggravating people can be.  I think when this whole thing blows up, I shall refer to them as Larvae Labs since a beautiful butterfly emerging just isn't going to happen.

How do I make wagers against it happening?
268  Economy / Service Discussion / Re: Butterfly Labs on: April 26, 2013, 03:56:56 AM
Quote
Let's see... 1500 Gigahashes divided by 350 megahashes... You need 4286 of my 5870 graphics cards, drawing 300 watts each? That's 1,285,800 watts, or... ahem... 1.21 Gigawatts if you round properly

Thank you for introducing some much needed levity.

No problem.  I actually just took a great picture of a spare 5870 I have sitting in a box, which my massive Ragdoll cat is sharing, perched lightly on the video card:


http://www.flickr.com/photos/95319871@N08/8681701725/
269  Economy / Service Discussion / Re: Butterfly Labs on: April 26, 2013, 03:48:07 AM
Let's see... 1500 Gigahashes divided by 350 megahashes... You need 4286 of my 5870 graphics cards, drawing 300 watts each? That's 1,285,800 watts, or... ahem... 1.21 Gigawatts if you round properly Wink

270  Economy / Service Discussion / Re: Butterfly Labs on: April 26, 2013, 03:33:55 AM
Quote
My question addresses the fate of the later models. My suspicion is that due to unforeseen increased exhaust heat, they will have to look at newer cases/passive heat dissipation, hence further delaying the shipping of those models. The jalap was intended to be a "coffee warmer" size ASIC and it is now the same size of the Bitforce SC.

How many watts of power have to go through their rigs? Also have they done any reliability testing at all? These things will be on 24/7 any downtime is lost money.

This was the same question I was asking a UK based company called cloudhashing.com. They state they bought 6 minirigs and their business model is entirely dependent on whether BFL delivers. They also have a SLA between them and a mining farm within the same city as BFL are (I already expressed that this kind of centralisation is not good). I asked mainly questions to the PR guy of cloudhashing surrounding reliability and fault tolerance as being an area I am well aware of. So basically their answer was that they have no MTBF or MTTF values or documentation and they depend exclusively on BFL parts to service the rigs if there is a fault and to repair them within 24hrs.

This is stupid, and I hope it gets them goxxxed.  Why do people seem to think that if bitcoins are involved, they should throw common sense out the window?

"We're going to have a roller skating rink.  Our entire business is based on a delivery of skates, which we have entrusted to one company, who hasn't even sent us a sample yet".

Sounds retarded, doesn't it?
271  Other / Meta / Re: Attempted account hack? on: April 26, 2013, 03:12:32 AM
For the second time now, someone has tried to reset my password on my account.

This time, it came from IP address 63.118.235.5, which traces to the domain "mail.wholesystems.com".

Any idea if there is someone from that domain involved in BitCoin?

Admin, last time you moved this message elsewhere - I think if we can have some of the other threads I've seen in here, a discussion about someone potentially trying to compromise an account is worthy of a discussion.

I think that he only tried this on you. He may have actually thought that he owned your account. He was trying passwords on a similar-looking account.

OK.  I guess I'll just have to wait and see... it was just that this was the second time in about a month someone tried to "recover" my account.
272  Bitcoin / Bitcoin Discussion / Re: Democratic vote is held; Bitcoin limit is lifted to 900Million. How do you feel? on: April 25, 2013, 09:19:30 PM
What if we decided that every one dollar USD bill that we cut up into confetti is worth one dollar for each piece of confetti?
273  Bitcoin / Bitcoin Discussion / Re: PayPal Considers Bitcoin Transactions on: April 25, 2013, 09:18:06 PM
Getting PayPal involved - what could POSSIBLY go wrong?!?!?!
274  Economy / Service Discussion / Re: Butterfly Labs on: April 25, 2013, 09:17:38 PM
Look at it this way though, if they ARE truly going to put these products out, it's essentially going to be the end of mining for most of us.
275  Bitcoin / Bitcoin Discussion / Re: Is MLM ideal for bitcoin? on: April 25, 2013, 06:55:32 PM
MLM and Pyramid Schemes are fundamentally different from Ponzi Schemes in the following way:

Charles Ponzi occasionally paid out money to investors to keep the idea going that it wasn't a scam Smiley
276  Economy / Service Discussion / Re: Butterfly Labs on: April 25, 2013, 06:52:59 PM
I'm taking preorders for my Lunar Lander home assembly kits... ;-)
277  Bitcoin / Bitcoin Discussion / Re: Hey us bring Sugar Bush the Squirrel to the Bitcoin World on: April 25, 2013, 06:51:15 PM
I saw this on weird hobbies or something... forget the exact name.

She and her husband are absolutely bonkers lol.  The harmless kind of bonkers though.
278  Other / Meta / Re: Attempted account hack? on: April 25, 2013, 06:48:01 PM
Maybe we could require that someone has to request a password reset based on not only the username, but the email address associated with it as well?
279  Bitcoin / Bitcoin Discussion / Re: I'm back! on: April 25, 2013, 05:25:41 PM
Getting GOXXXED or Zhonged is what BitCoin is all about.  You bring in new people, get them interested, and then crush all of their hopes and dreams.

It's sort of like being a Jehovah's Witness - you have to recruit new members Smiley

I only partially blame the scammers.  I view BitCoin as gambling, even if others dont.  I took a gamble with about 50 BTC having someone develop a site for me a year and a half ago.  It was only a couple of hundred bucks then, and of course they worked on it for awhile, then just disappeared.  Now, it's worth a few thousand and I'm a little irritated, but oh well.  That's the risk you take.

I'm working on some solutions behind the scenes to increase trust and accountability in the community.  Stay tuned over the next few months Smiley
280  Economy / Economics / Re: btce and MtGox price differential on: April 25, 2013, 04:09:56 AM
Believe me, I hear ya.  Two days ago when I saw that 12% gap between BTC-e and Gox and decided to pull the trigger by funding BTC-e from Gox via OKpay.  Well, I'm STILL waiting for that withdrawal to occur...

GOXXXED!
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