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Other / Beginners & Help / Re: Transaction Fee
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on: July 24, 2011, 08:47:01 PM
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Call me silly but I wonder who it was that decided on the value of transaction fees. I tried to send some BT to someone else and the fee wanted was more than the transaction amount. Now I now that the theory is it is to stop DoS type attacks but I know that techies can spam the channels without using the BitCoin client so it seems to me it is just a way to force us to pay funds into the mining pools. Who will process the funds when the mining pools stop as the coins become prohibitive to mine? Not me I switch my cleint off now as I don't get any of the fees. It seemed reasonable to have a low fee to send your funds immediately but what about those that are happy to wait and want to spend as little as possible on admin costs aka bank charges. Finally, when everything settles down and BT comes to a value where 0.000001 is the cost of an item, say a UK penny, it is possible, then a 0.01 admin fee is going to be £100. A bit steep wouldn't you say? Why isn't it say 1% max of the value being sent. I would have posted this in the correct forum but I'm a newbie. Only another 4 and a half hours to go. You are silly The fee has been coming down in price ever since bitcoin was created. In another few years, the developers will have hard coded in a much lower recommended fee. Note however that no fees are forced upon any user.
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Other / Beginners & Help / Re: Help w/ Bitcoin + Tor
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on: July 24, 2011, 08:45:29 PM
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I'm trying to set up Bitcoin (standard client) with Tor. I know alot of people do it so I figured it would be easy, but something doesn't seem right. I've it it to use 127.0.0.1:9050, but it still has connections when Tor isn't running. Not very many connections, but surely there shouldn't be any. What's going on?
This question will be answered more quickly on a tor support forums.
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Bitcoin / Project Development / Re: Please help me solve the problem of trust
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on: July 23, 2011, 07:28:29 PM
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One problem with eBay is still hacked/sold/stolen accounts.
One time I "purchased" 100 nintendo DS consoles from a seller with 15,000+ 100% feedback .. was THIS CLOSE to sending them their payments... when I got an email from paypal/ebay security saying STOP, NO, DON'T!!! That account has been hacked!!!
So... you can never really trust anybody, when it comes to buying more than a chocolate bar that is.
If I want to sell you a house and royally fuck you in the process, I only need to "borrow" somebody's good name.
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Bitcoin / Project Development / Re: [20 BTC] Multithreaded Keep-alive Implementation in Bitcoind
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on: July 21, 2011, 11:02:25 PM
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Can somebody please spoon feed me the process as to how to patch the source code with JoelKatz' diff .txt file?
I know how to compile bitcoind, but am a noob when it comes to patching things :S
Go to the 'src' directory, and then: 1) If you don't have the diff already, use this command: wget http://davids.webmaster.com/~davids/bitcoin-4diff.txt2) To patch it: patch -p1 < bitcoin-4diff.txtIf you did it correctly, the output should be this: patching file init.cpp patching file main.cpp patching file net.cpp patching file net.h patching file rpc.cpp patching file util.cpp patching file util.hUpdate: Sorry about the typo in the URL. THANK YOU!P.S. My hand has been forced to make a donation! Just sent 1 to your payb.tc address. Thanks again.
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Bitcoin / Project Development / Website Developers, Stop Scaring Away Your Potential Customers (SSL!)
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on: July 20, 2011, 09:55:49 PM
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So I just clicked on this link: https://glbse.com/forum/viewtopic.php?f=15&t=24glbse.com has apparently been around for a few weeks/months now... Why am I being warned about their potentially untrusted internet connection? It costs literally $2 for a valid SSL certificate when you purchase a domain through namecheap (which is a very competitively priced domain name registrar). Check out the "PositiveSSL Addon" for only $1.99 or something like that and be done with these "untrusted connection" warnings. For proof, just click on the "bitcoin mining tutorial" link in my signature. Only cost me $2 for that https. I guess my question is why are so many of you forgoing it? It REALLY throws up a red flag to anybody potentially thinking of investing money... although you (the developers) might be oblivious to this if you simply press "add exception" and keep on trucking.
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Other / Politics & Society / Re: Is it wrong...
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on: July 20, 2011, 08:46:10 PM
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Atlas, You know as well as I do that your life is yours...
But there are better ways to deal with your problems than quitting.
Haters gonna hate. Fuck 'em.
It's not the haters. I just don't feel like playing anymore. I haven't felt like playing more and more often. It's getting hard. I think I can keep going. I can presume I will feel like living soon. I hope. Are you claiming you are going to kill yourself? If so, call the hospital or the police. P.S. I hope this doesn't have anything to do with your ex 22 yr old girlfriend I saw you posting about on reddit... chicks can really mess a guy up, trust me I know, but they are not worth that much.
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Other / Beginners & Help / Re: My Rig
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on: July 20, 2011, 08:43:56 PM
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I'm working on building a rig from scratch
here is what I think i want/need so far.... obviously missing parts (ive never built a computer but know computer baisics)
AMD Athlon II X4 3 GHz Processor $75
4x 5850
PSU 1000-1200 watts
some kind of open air case to put this shit in
Forget the case. It will only cost you extra money and prevent you from cooling as much as you need to. Also you could make do with a $20 1Ghz processor if you are only using it for mining. Go as large as you can afford with the PSU.
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Other / Beginners & Help / Re: First commercial ASIC miner specifications and pre-launch
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on: July 20, 2011, 08:42:51 PM
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Hi Everyone, Interesting thread. Without making a judgement on asicminer, I wanted to let you know about LargeCoin if you aren't already aware of it. This is a new company I have founded with some computer engineering colleagues (both of whom have worked previously with a major semiconductor firm with a combined 25 years of experience in ASICs). We are not asking for deposits and won't make claims about performance until the chips are baked and tested. However, if you want to sign up for a low volume announcement mailing list, feel free to fill in a form at the following URL: http://largecoin.comA few facts about LargeCoin: 1. The founding team have a computer engineering background, with relevant experience in ASIC design and marketing with one of the leading semiconductor companies. The CEO has run two technology companies previous to LargeCoin and has experience raising private equity financing. 2. Our web site is not yet up, so don't bother checking largecoin.com - it's just an Apache default page.
3. The company's R&D is happening in Canada and we will likely remain incorporated in Canada. When the web site is up, we'll provide incorporation details for you to scrutinize if you wish. 4. We're working hard to release a Bitcoin mining appliance as fast as we can. The appliance will be optimized for spatial density and of course the ASIC will provide power efficiency. We are not taking deposits for appliances at this time and don't plan to. We are privately funded and don't expect customers to take on risk. 5. As the computational power of the Bitcoin network increases, we feel it's more important to optimize for spatial density and power efficiency than it is to provide the lowest possible cost per GHash/s. This means our appliances may be more costly on a GHash/s basis than GPUs; however, when you account for power and rackspace they will be substantially less expensive. 6. There is no release date yet - sorry about that. If you sign up for our announcement list, we'll let you know as soon as we have a ship date. The only thing I wish for is to compress time so that we can get these things out to you all faster. But ASICs take time and there is a lot of uncertainty along the way that could stretch or compress our schedule. Why is there no actual name associated with your domain name registration? That is a sure way to get your domain name revoked.
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Other / Beginners & Help / Re: Problems With 6970
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on: July 20, 2011, 07:36:52 PM
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I assume you are running windows?
Please try to run linuxcoin - it is a linux operating system that is entirely built for bitcoin mining - it has all of the drivers and accepts up to 8 GPUs plugged into it by default.
Try that first if you are having problems with windows, or any other OS for that matter.
Good luck!
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