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Wow. I, for one, am exited. Having stable, secure and trustworthy merchant services and payment processors is precondition #1 for wide-spread bitcoin adoption, and tradehill certainly seems more resolved to invest in this than most other large players.
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Wow, a twitter account with three tweets, all from the same day (coincidentally the same day that you posted the above), and a completely anonymous donation page? Nothing to be found by googling? And, funny enough, no bitcoin address to be found anywhere ;-) If that's a scam, it's not even a good one.... |
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GUIDELINES FOR ‘MOST POWERFUL DISTRIBUTED COMPUTING NETWORK’
1. For the purposes of this record, a distributed computing network consist of
clients and servers connected in such a way that any system can potentially
communicate with any other system. The mining nodes do this by uploading and downloading blocks to/from each other. Any transaction that one node receives will be communicated to every other node. Any node that finds a block meeting the proof of work conditions will have their block communicated to every other node. That's not even relevant. It says "[...] clients and servers [...] can potentially communicate with any other system.". "potentially" means - they don't have to, they just have to be interconnected. And, being connected to the internet, that's a given. |
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Slush makes 1500 BTC daily with a 2% fee, that's about $13,000 a month. That could buy some serious bandwidth
So Slush's pool is solving 1500 blocks daily? That's why difficulty keeps increasing every two days.... And I'm glad I'm part of it, i get about 0.02 BTC out of every block, giving me a profit of 1500*0.02=30BTC per day! Not. But you probably meant 1500 BTC per month, which would fit the rest of your message :-) |
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1.) Write check, give her check, she goes to her bank, deposit check, (trusts me), (2-3 days)
2.) Pay 20$ regardless of size to have money wired to her (close to instant)
3.) Get cash out and go and hand it to her. (Quick but inconvenient, she lives on the other side of town.)
4.) Pull out cash, drive to her bank, deposit money in her account. (same as 3, but less inconvenient, still a PITA)
5.) Money order, etc
6.) Have wells fargo 'Bill Pay' cut her a check and mail it automatically (takes 3-4 days, this last month I had it scheduled for the 25, which landed on a saturday, they said the check would arrive on the 5th! (plus then the time of the check clearing in her bank.)
Whoa, in which 3rd-world-country do you live? Seriously! Here (Switzerland) she would give me her account number, and I could send it to her via e-Banking. Or I could go to a bank and send it to her there. Paying by e-Banking is be free, paying at a bank would cost some cents. |
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So anyone can confirm Hyper V is faster mining then Linux?
Confirm it - no, not with certainty. However: I could reach comparable speeds on the same machine with linux, but only with very extreme values for -f (poclbm), which would make the UI completely unusable. Also, I have two jobs for each GPU, one primary with small -f and a secondary with larger -f, which works like a charm on windows (if primary pool goes down, secondary will take over). Under linux, this did not work well - both jobs would be executed at similar rates. On windows, everything is fine. BTW: I was able to fix the problem on the Hyper-V, where the second card was not detected - seems it depends which port you plug the dummy in! Also: LogMeIn is damn sweet! |
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Yeah, but a forgotten password is everybody's own fault, It really doesn't make any difference whose fault it is. If anything, having it be your fault makes it worse. [/quote] if you say so.... I would not think so. Of course not. Since they can't be expected to secure their machine, they shouldn't be holding BitCoin keys on it. The best way to use a credit card is not to become a bank or a merchant.
I was under the impression that BitCoin is meant for everybody, not only for banks... So there should be security enough for everybody to use it, otherwise it will fail. Propose a scheme. I don't know how to do it so that the upside exceeds the downside. If you do, please share.
As long as "oh noes you could install a keylogger specifically for bitcoin, which makes no encryption better than having encryption" is an argument, I won't bother, thank you ;-) |
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On the other hand, as a developer I can understand the other side of the "coin" as well. People become annoyed if the 1000th person creates an account on this forums and thinks he has a completely original idea by proposing wallet encryption, even though the developers are working hard on implementing it. Or makes yet another topic why bitcoin won't succeed. Or thinks its a CIA plot. And so on. If people haven't done their own research, a simple google query would do, then they can expect the replies to be a bit snarky.
I don't think most people consider it an original idea - they think it would make sense. And I've done the forum research, and have found posts about encrypting wallet.dat from last year! And posts arguing "encryption does not make it 100% safe either so why bother" from last year, too. I'm aware that no encryption scheme would make wallet.dat entirely safe, but it would stop many drive-by-attacks. Like having a lock on your bicycle will prevent the drunk from taking it to go home and then sinking it in a lake. |
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IMO, that's just inviting disaster. The client should only be running on machines that are inherently secure. Doing this will encourage people to run the client on insecure machines, which will compromise their wallets even if they are encrypted. Strong passwords will be forgotten, leading to lost BitCoins. Weak passwords will be brute forced, accomplishing nothing.
Yeah, but a forgotten password is everybody's own fault, while the average BTC user can't be expected to only keep his wallet on his walled-off linux machine with only carrier pigeon connectivity. Of course, most known cases of theft have been linked to gross negligence, but that's just how people work - you don't worry until it's too late. I, for one, would welcome wallet encryption, even if it's not 100% secure and perfect. I mean, what is 100% secure? |
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Another question: how did you solve the problem that you can't use secondary graphic cards? I tried the dummy plug trick, but this stripped down windows does not seem to use the second screen, and thus does not allow using the second card! I had now to boot up and manually start the miners with screen plugged into the corresponding card... At least I only have one rig ;-)
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Yup, check my signature.
This makes it all the more embarrassing for you. |
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This works GREAT!
Also very complete and simple instructions! Thanks a lot!
One detail where I stumbled:
bootsect /nt60 <UFD partition letter> /force /mbr -> must be run as Admin.
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Slush, a question concerning transaction fees:
Is the payout
(50 BTC - 1 BTC fee) * (score) / (total score)
or
(TransFees + 50 BTC - 1 BTC fee) * (score) / (total score)?
Some recent blocks had relatively large fees in it, and distributing them along with the 50BTC of the block would of course be highly appreciated :-)
Btw, the explanation on your site does not reflect the current scoring system.
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Anyway you are wrong and it seems you cant see it. I give up.
+1, Funny! It's actually very, very easy to get maths wrong on computers, that's why there's fields of study and university courses about it. If it was simple, this would not be needed. |
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Very good auction site, exactly what I was looking for!
I just sold something there, so it gets my stamp of approval :-)
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I really like your comics! Keep them coming :-)
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The linked to article is completely accurate. The opinions in the comments are mixed, but many make interesting observations that ring true, even if they are negative..
Maybe it is us here are are biased ones...
Yes, I admit, this is one of the more accurate summaries. It was just the title that set me off (I mean, the price did not just drop - someone bought out the whole Mt. Gox market, because he could, because he had illgotten coins at his disposal). |
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You can configure your bitcoin-client to run as server.
In the poclbm miner is even a function to directly start bitcoin.exe as server. Then, all your miners need to connect to this server.
This is of course for windows, but there are most probably some very simple command line arguments for command line programs, too.
Read the documentation for the bitcoin client!
But, as a last warning: If you do not have _massive_ calculation power, meaning multiple GH/s, you will have a hard time finding blocks and will be better off in a pool!
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Yes, I know you can join a mining pool, but then you get more often a payout, but if the payout is still not equal to 0.01 you're still not able to transfer it centrally to your "main wallet" ..
This means, you can have a full room of mining rigs, but even if they in total generate a BTC you will never be able to "assemble" it at your CENTRAL wallet?
GET THE IDEA?
Aaaah, now I know what you mean! Your original post was completely un-understandable :-) That's why you only have _one_ account in a mining pool, but several workers, so all of them will contribute to the same account. This works on all major and probably minor pools. But if you have workers that don't generate 0.01 in a reasonable time, maybe you should not use them.... |
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first thing I noticed was "the marketing department at NVidia" - so much for spot on :-) However I was also thinking that AMD is really profiting a lot off this... |
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