BFL is probably not capable of getting new money / to many refund requests and that is why they are launching this new product. To make sure all the late orders are still keeping their money at BFL instead of pulling it out.

At the other hand if this product is launched and shipping then the 65nm chips will be worthless very soon and this monarch will be the best even money offer that they can make.

Ok I have one question.

Is this VMC real? Is it safe to buy from them? Because their story seems to good to be true?
Has anyone ever seen their products in action? Do we know something more of this Ken guy? Have they delivered. Can they provide their asic miners within 6 months or do they still need to product them?

I think I know from where the problem comes. It is the difference in difficulty level per share that you can select yourself.

A share with a difficulty of 64 should be counted as 64 shares and at this moment it is probably counting for 1.

I think you are right about the fact that the number don't add up.

50 BTC discovered 699 blocks. So 699*25= 17475 BTC.
In total of those 699 blocks they had 5.897.971.136 shares submitted. I did this times the average pay out per share for that period.

5.897.971.136*0,00000160 = 9445BTC So doing 17475-9445 = 8030BTC in profit.

Ok my apologies for making this topic. It seems like the reported shares in the statistics of 50BTC are way to low. Compared to the calculations that are made somewhere ells.

Hi I did some research about 50BTC their PPS payout system and saw something strange. I don't know if this is fully correct but isn't it so that 50BTC is abnormally lucky?

You can download the excel file with my calculations here www.glamdring.se/users/d9a55d121fc1beb7dbbc8c38d70dcbbb/50BTC_Statistics.xlsx

Like the difficulty is 19.339.259 at the moment. Yet with the history of the last 700 blocks calculated it seems like they always have a cost of only 54,30%
Doesn't this mean that they get double the amount of blocks found than what it needs to be?

I used the statistics from block 242659 till 238963 (about 700 block found by 50BTC there)

So what is your opinion and isn't it so that this makes sure that they get huge profits because they have a PPS system?

Best regards,

Ludwig.

Thank you so much.

Now everything is working again and I'm mining 8% faster than with the older versions.

Greetings, thank you for your research to see how this can be helped.

I have the same problem, but I don't fully understand how I can solve this problem because I can't find that code to change it. Where is os located? How can I get it open, what program?

I would really appreciate your help. Cause I'm stuck with this problem.

Do I need to post my order here?

I also didn't receive an e-mail confirming my order, ever when I did pay with bitcoins in less than 5 min after placing it.

The paper is nicely written. I will keep this as a reminder for the potential of bitcoin.

Yea well this data damaged the community a lot cause money, value was stolen. Previous Lulz hacks didn't have this effect.

Well thank you for clearing that up yet, yes. If you don't know how things work youtube video's are the best way to go.
The newest generation of students are from the video age. We don't like to read, we want to watch. The image is stronger than the speaker, is stronger than the text.

Just is case you never had marketing.

No offence meant.

But most people don't know how computers work, they just want it to work.

Also an other question: When I go to my miners: what does informers mean and what does that forbidden sign mean?

Also suggestion: I would love to see how many shared I participated in a block. Not just the current one but all.

How come that this pool isn't listed at bitcoinwatch? Sometimes it is, but mostly it isn't :s

I want to know how big we are compared to others.

Like I just did today. Went to BTCMine.

I'm still trying to get all my money away from deepbit but it is having issues.

Is it normal that when I see a payment in my wallet that still needs confirmation but when I go to blockexplorer that it is not listed?
Is this the way it works or is there a big problem with deepbit?

Well it seems clear that a lot of computer power is entering the network and a lot of pools are having problems.

I can't post a example cause the server can't handle it. But when you see blue links and your exact account balance then it is completed.

edit http://blockexplorer.com/address/1BpLXED7QyZdKbdaVgCmb28C2eVksTnUzt

Deepbit is the best site there is and definitely when you are new. Deepbit is the only site that is easy enough to start with.
They explain what you need to do and a lot of youtube video's about setting up mining are using deepbit to register.

Go to my account and click on payments then click on the payment you just made. If it doesn't seem transacted then the network still need to calculate it.

Hi, I don't fully understand what you are trying to say here :s
Are you saying that bitcoin will at the end be backed by computer power? So people buy bitcoins, CPU/GPU power and then will use it to do intensive work for personnel use of someone ells?

I don't know if I should like what you said or not. But you said it very well, but I'm not philosophical enough to know if I fully understand.

Well it isn't going to be the entire network power, cause that will be to difficult to organise. However 30 PC helping someone rendering for bitcoins is  good enough, It definitely better then weating 3 weeks or to go to big company's who ask a lot of money to do it.

Edit: They also make the difficulty higher to make sure that It can still be bizy but now you can still mine. It is also for the end game of this network. We need more money for bitcoins comming in and money that want to use the networks power is good.

We might even start a company that renders files with bitcoin. Just to let the graphic art people also see some benefits in this.