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1301  Bitcoin / Mining / Re: FPGA mining for fun and profit on: May 19, 2011, 10:57:48 PM
based on the huge difficulty jump today.... I think someone has succeeded in fpga/asic bitcoin flooding Sad

*bell ring*
We have a winner!

Two FPGA clusters went live.

I can't really describe the feeling of learning that the two initial units were for prototyping and there were RACKS of them to be used when idle.
Are you sure they are on?  I can't see a noticeable bump in total network power.  The increase is steady within normal variance.  Perhaps a lot of GPU miners shut down their systems at the exact same time?  Sure you didn't mix hash/s and Mhash/s?
1302  Bitcoin / Mining / Re: Why is our hashing power declining? on: May 12, 2011, 08:55:43 PM
Why a bit after the difficulty increase, is our hashing power declining, did a significant amount of miners stop?  if so, and you are one, why?
I know more than one who has stopped completely or reduced their activity due to heat.  Summer is coming. And I think the high difficulty make many CPU miners give up.  Too hot and enough fan noise for almost no coins.
1303  Other / Obsolete (selling) / Re: 5970, great condition on: May 12, 2011, 11:42:47 AM
50!

Perhaps you should try listing it on biddingpond or similar?
1304  Other / Off-topic / Re: EFF Open Wireless Movement on: May 04, 2011, 06:39:29 AM
My network is open, and I use one of the neighbours open networks when my own network is down.  I expect my neighbours to do the same.  Why not?  We couldn't do that if everyone encrypted their networks.  In practice I can in most cases, because people use stupid passwords or even WEP, but it would be more hassle to do so.

If some random passer by wants to use my network, that's OK as well.  Why not?  I'm not going to demand anything back.  Unused bandwidth isn't worth anything to me.

Your network isn't degraded with normal use, unless you still use a modem or something.  If someone abuses my wireless network, I can easily block that client out, but I never had to.  The sinner has always turned out to be in my own house, or someone attacking my network from the internet.  Since wireless bandwidth degrades with obstacles and distance from the router, it is unlikely that a neighbour would be able to saturate my internet line.
And what if they don't?  Or what if they decide to just not buy internet (I know plenty of people that did).
It's OK with me if they don't want to pay fo their own line and use mine, but I doubt it would be very practical for them.  The signal doesn't go that many houses away.  I guess two neighbours get an acceptable signal.  The others will struggle with weak signal, low bandwdth and many shadows.  (Partly based on the signal levels I see from them.)  The latter is OK as emergency comunications when your own line is down.  Not as a primary internet line.

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My connection will degrade if too many people try to connect to high bandwidth sites at the same time.  I have a download limit per month.  Why would I share that, just in the hopes I can get it from someone else?
So far I haven't seen my internet degraded due to other people using my line, but I can easily throw them off if they do.  And I don't think any broadbrand provider around here offer download limits.  I would certainly not buy it. :-)
1305  Other / Off-topic / Re: EFF Open Wireless Movement on: April 29, 2011, 08:55:24 PM
Let randoms use my internet and degrade my connection because maybe they will let me use theirs? LOL.
My network is open, and I use one of the neighbours open networks when my own network is down.  I expect my neighbours to do the same.  Why not?  We couldn't do that if everyone encrypted their networks.  In practice I can in most cases, because people use stupid passwords or even WEP, but it would be more hassle to do so.

If some random passer by wants to use my network, that's OK as well.  Why not?  I'm not going to demand anything back.  Unused bandwidth isn't worth anything to me.

Your network isn't degraded with normal use, unless you still use a modem or something.  If someone abuses my wireless network, I can easily block that client out, but I never had to.  The sinner has always turned out to be in my own house, or someone attacking my network from the internet.  Since wireless bandwidth degrades with obstacles and distance from the router, it is unlikely that a neighbour would be able to saturate my internet line.
1306  Economy / Speculation / Re: Bitcoin Technical Analysis on: April 25, 2011, 05:52:36 PM
Bitcoin Techncial Update. Bull flag with most likely break out to the upside.
A dark ask at 1.6 (very low compared to the smallest visible ask when it showed up) kept the bulls back until the bears woke up.  The bears are not in control either.  My guess is there will still be cheap coins to buy at or below 1.6 until tomorrow when the Europeans are back from their Easter holidays and banks start processing transactions again.
1307  Bitcoin / Bitcoin Discussion / Re: concern for bitcoin and the environment on: April 25, 2011, 11:01:12 AM
My plan is to mine over winter and use the heat generated to heat my apartment.
Thus is a good idea.  You may get some inspiration from my miner.
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I was also thinking about adding in some solar panels.
I think ArtForz should follow up this idea.  His ASIC does 200 Mhash/s at only 8 watts, and can probably be variably clocked to follow the MPP of a small 10W solar panel.  It would take considerable time for an investment in his miner to pay for itself, if ever, but what the heck.  I run all my gadgets on solar power myself (anything which can be charged via USB), just for the fun of it.  I get about 1 kWh per year from my smallish flexible panel, and it will of course never pay back the cost of the equipment.  Sunlight is scarce and power is cheap where I live.
1308  Other / Off-topic / Re: GBP Parity on: April 23, 2011, 06:58:04 PM
If you get a lapse of nostalgia, you may still buy a 1 GBP gift certificate at 30 BTC from Bitcoin Pay Shop. :-)
1309  Economy / Marketplace / Re: Issue with coffee4bitcoin? on: April 15, 2011, 07:11:32 AM
I'm having a problem with coffee4bitcoin. [...]
Does anybody know if there's an issue?
I know there is an issue with the USPS.  Apparently rules have changed.  Shipping two pounds of coffee now costs USD 45 to many countries.  Same as for five pounds.  He is investigating other options.

I miss my coffee as well.   :-(
1310  Economy / Speculation / Re: Bitcoin Technical Analysis on: April 10, 2011, 08:55:22 PM
BTC/USD short term trend change: DOWN after reaching 0.8 and breaking below 0.75. 0.50, better 0.56 $ must hold to keep longterm rally.
I think it will stay sideways and keep around 0.70$. This is only based on opinion though  Undecided
I think it will climb again.  Slowly at first, then accelerating.  I don't know exactly when this begins, of course.  I base my expectation on two observations:

1. Interest is growing.  I have been selling BTC for NOK and EUR on #bitcoin-otc for a long time.  Primarily for selling bitcoins I mined myself for currencies useful to me.  My offer is by far the longest standing on the channel.  During the last weeks I have been selling more and more, and I get a new customer almost every day now.  Old customers come back to buy more.  I sell much more than I mine, and have to  buy BTC at mtgox to satisfy demand.  I do this at almost no profit (for NOK at least) to help spread Bitcoin by better availability, and it works!

2. A lot of people are waiting for an opportunity to buy at mtgox.  The sum of money in the visible bids on mtgox is as high now as before the jump above parity with USD.  You don't keep money at mtgox and active bids unless you have an intention to buy bitcoins.
1311  Economy / Trading Discussion / Re: Trading very small amount of money on: March 15, 2011, 11:04:14 AM
Sites like bitcoinmarket and mtgox has increased the minimum amount to be traded to 10 $ .

Where could I trade for smaller amounts with guaranteed third party ?
Bitcoin Central has 1 BTC order limit.
1312  Bitcoin / Bitcoin Discussion / Re: JAPAN TSUNAMI RELIEF, PLEASE READ on: March 14, 2011, 11:11:24 AM
If this happened to any other nation in the world, death tolls would have been measured in per cent of the population, and the country would be completely in ruins.  Completely and utterly destroyed for the foreseeable future.  Not only because of the quake and the tsunami, but because of all the effects.  Buildings, homes, schools and hospitals falling down on people or getting washed away with people inside, chemical plants blowing up, large spills of everything poisonous, infrastructure destroyed, meltdowns in every nuclear plant, etc.  Uninhabitable.

Japan is another story.  Japan is prepared.  If Japan asks for something, give them that.  The Japanese Red Cross would probably also be a good idea.  Otherwise, just sit and watch in awe how the Japanese handle this.
1313  Economy / Trading Discussion / Re: Bitcoin Trading Competition on: March 09, 2011, 01:07:16 PM
You have to do this live since the market is so small your orders have to take that into account.
Just deposit some small amount say 100 BTC in mtgox in a new account and take it from there.
It will be easy to verify that there were no additional deposits.
Without a few more rules, like maximum trades per day, it will be easy to cheat by trading with yourself.  Even automated trading between bots.
1314  Economy / Marketplace / Re: The "Why We Trust Mt. Gox" thread on: March 04, 2011, 12:03:26 PM
  If I stole $9,000 dollars from one bank, store, person, whatever and deposited the money into a bank account, the bank doesn't care or want to know where I got the money [...] Law Enforcement freezes accounts, not banks.  PayPal does it but report the activity to law enforcement and request details. It hurts their business too.
If you went into a bank and transferred USD 100 from an account to yours, signed with a false signature, and this was noticed by the bank after you left, your account would be locked at once.  No waiting for law enforcement to catch up.  Believe me.
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It looks like someone needs to open the Xchange in Switzerland or the Cayman Islands to avoid all the minutia.
Swiss banks locks accounts on suspicion.  High profile cases lately is Mubarak in Egypt and Gadaffi in Libya.
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Hell, illegal sites shy away from freezing money (i.e. all the gambling sites that cater to the U.S. are illegal but they don't ask where you got the money from, and they give it back pretty quickly) Why? Because it is good for business.
If I suspected MtGox of being illegal or endorsing illegal activities, I would keep far away from it!
1315  Economy / Exchanges / Re: [Baron] is a scammer on: March 02, 2011, 07:03:45 PM
What if I sold an item for bitcoin and then when i tried to cash it in I am told they were stolen 2 transactions ago?  I send out the item of value so I am out that item.  What happens then?  Are people going to be confiscating bitcoins based on the history?  
Keep a history of your transactions, and you'll be safe.  If you sold an item, you probably have a name and/or address of the buyer.  If you don't know who you got the coins from, or even how the coins came into your possession, and you are caught with stolen coins, then you are in trouble.  Just as with stolen goods in real life.  The larger the sum, the more important to keep account.

There should be a service to quickly check for stolen coins given an address.
1316  Economy / Exchanges / Re: mtgox.com has blocked my account with 45 000 USD in it! on: March 02, 2011, 06:38:54 PM
Mtgox has not said a word that really explains the problem for over one week, nor has MtGox explained WHY it has not said anything.
Yes he did.  He wrote that he was trying to get in touch with Baron, and while the investigation goes on the less details Baron knows the better.  Yet some people here keep nagging.  Please shut up and read his very concise posts which explain everything you and Baron need to know.  It is better that Baron doesn't know everything mtgox knows at this point, since Baron keeps changing his story.  Hold some facts until Baron's story has stabilized somewhat.
1317  Economy / Exchanges / Re: mtgox.com has blocked my account with 45 000 USD in it! on: March 02, 2011, 06:32:25 PM
A normal, non-scammer person would be outraged and would start posting like hell explaining wtf is going on, or even attacking my behaviour.
Really?  This is exactly what Baron is doing.
1318  Economy / Exchanges / Re: mtgox.com has blocked my account with 45 000 USD in it! on: March 02, 2011, 06:30:42 PM
Anyway, even if he is not a scammer, he behaves like one. And that certainly doesn't help his case.
Mtgox behaves exactly as I would have done in the same situation, and I am no scammer.
1319  Economy / Exchanges / Re: mtgox.com has blocked my account with 45 000 USD in it! on: March 02, 2011, 09:30:52 AM
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We are left having to assume that baron is in fact person B. baron’s account on mtgox holds less than the sum of theft by person B.
I'm pretty sure he means that he is retaking funds stolen from himself and from people who's funds he was holding. I guess it could be a tad more clear.
AFAIK mtgox hasn't taken anything.  He has locked an account and is waiting for the owner to identify himself.
1320  Economy / Exchanges / Re: mtgox.com has blocked my account with 45 000 USD in it! on: March 02, 2011, 09:26:09 AM
Still, what MTGOX did is far from lawful/good/just. You see, on mtgox.com page, there are no terms of service, no anti-scam policy, nothing. When users register, they do not agree to anything ! So mtgox had no damn right to do anythyng, *INCLUDING* any freezing funds !
Too bad, because in my country mtgox would have to go to prison for up to three years if he didn't lock the funds.  Aiding trade of stolen goods is illegal in most places.  In my country the law will not normally be included in the terms of service either.  It is obvious.
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Time to look for another exchange i guess ?
Good luck with that.  If the exchange declines to follow the law in the country where it is located, your money and coins may disappear very quickly when the owner goes to jail.
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