Firstly, Banx Shares are not a coin.  I think its a share issue based on various Bitcoin related businesses using the blockchain as a ledger. I guess this in itself leads to a question why it is on coinmarketcap at all.

From what I can tell, all investors receive their dividends on a monthly basis although there have been some customer service issues in recent times that are being addressed.

Mark Lyford, the CEO, seems to be extremely open about the business model and mechanisms behind it.

I think you're going to have to come up with more evidence to prove this is a scam.  

I don't own any Banx Shares but have been following the project since before it publicly launched.

Finally, every single person who works for Banx is public about their identity. Why have you created a new account to make a scam accusation?  Seems strange to me.  Why not use your main BCT identity?

It was a few months ago when I saw this information but a friend who is working on some investigative journalism about crypto betting and regulatory compliance discovered that Directbet had at least some servers hosted in a colo facility in the UK.  This might not be the case any more but I expect that any licensed bookmakers in the UK would be extremely hostile towards an unregulated company providing a service to the UK gambling market.  Perhaps the authorities in the UK have started to crack down on unregulated gambling sites.

The next few years are going to be very interesting for the crypto gambling industry. Directbet claim to be based in Costa Rica which has turned a blind eye to unregulated and unlicensed gambling for years but even Costa Rica is starting to turn the screw albeit very slowly.    

I guess there will always be regulatory and tax havens but I expect that the sands will be shifting quite rapidly in the near future.  After all, the online gambling industry in the UK alone is worth £6.2bn per year.  The big players in the industry will want to protect their assets.  

EDIT:  I can understand outrage about the recent reminders to betting companies about UK law but regulation of gambling is there for a reason.  Directbet have always been more than reasonable and professional when dealing with me despite being at times a very demanding customer but the bottom line is that they remain an unregulated, unaudited and unidentified entity.  Even if Directbet might be trusted, many other services might not be trustable.

At the end of the day, the bitcoin betting sites are unregulated and closed books.  The established betting companies probably don't like their ability to bypass the regulations they have to comply with.

Directbet was (probably partially) hosted on servers based in England until recently even though they claim they are based in Costa Rica.  That was asking for trouble imho.  Even Costa Rica is starting to slowly regulate gambling now.  There will always be safe havens though.

EDIT:  For clarity, the UK gambling commission makes it clear that online gaming sites hosted in the UK MUST have a full online gambling license.  Directbet had servers hosted in a datacentre in Maidenhead.

Did you manage to get all your text captions sorted Georgem?

I just hate the idea of inefficiency.  We use enough electricity as it is in crypto   Might as well get the most bang for our buck out of it.

1.66Mh/s average over 10 mins with stock bin.

2.95 Mh/s average over 10 mins with wolf0 bin.

Solo mining Dash.  Thats a huge difference.  60 degrees centigrade with fan at 75%

The question is...what would it take to optimise the Spreadcoin version of sgminer?  

Happy to give X11 a go with the optimized bins and let you know...I was under the impression that they are not freely available though.

Yes, spreadminer allows for gpu and mem clock oc.  My card is rated at 1050 for GPU clock and 1500 for memory clock.  I'm running quite a bit over that more by accident than design.  I was playing with settings and stumbled across values which are stable and the fan can handle.  

GPU is running at 1225 and memory at 1500...temp is a nice stable 64 degrees.    I have no idea what I'm doing so I wouldn't be surprised if my GPU pops at some point

I tried afterburner but it said it didn't support my GPU.

I'm Windows 8...sorry I can't help with your Fedora dilemma!

Reassuring to know that I'm doing alright for a R9 270. Cheers.

Is SpreadX11 inherently less efficient than X11?   I only ask for the simple reason that I'm sure that I could mine closer to 2Mh/s on Darkcoin with this GPU.

I'm chugging away at 1.3Mh/s with my AMD R9 270 and am hitting blocks with a nice dose of randomness.  I'm averaging about 8 blocks a day I think.

Lets not discuss how much power I must be using.  I'm overclocked just a tiny bit

Chaositec was simply pointing out that somebody has felt the need to create a new acccount to launch personal attacks against a number of devs on different projects, the only link between the targets is that they are either current or past contributors to the Darkcoin/Dash project.  It is simply a statement of fact that he felt is relevant. 

Cheers mate!

I needed some time to lick my wounds but I'm back and I'll read the last 100 pages or so

I assume that when you arrived you realised that you were looking at the wrong place on the map and that the Foundation address is actually the technology/business centre about 500m to the East?

Sounds like I missed a lot of fun in the few months I haven't kept up with this thread!

I don't know anything other than what is in the LIMX OP but that is a lot of hate for a fork of an open source project.  It doesn't portray you or Dash in a very positive light at all.

I also think that to post language like the following alongside the Dash logo is vile.

Top address with zero balance has simply split down into smaller wallets via Bittrex.  The block explorer doesn't handle exchange addresses very well. 

Hi Tante,

The old Spreadcoin master nodes went through two rounds of testing (completely different code to Darkcoin masternodes apparently) but testing stalled when the original lead dev left the project.  Testing on service nodes hasn't restarted yet.  They'll be on testnet for a good while before  being on main net.

I hit four blocks in the last 12 hours with my GPU.  It is quite hard to hit blocks unless you have a big farm.  Whilst OCminer, flare and others including myself have identified ways that pools can be run on Spreadcoin none are operational to my knowledge.  We just have some big GPU farms mining for some of the day although the overall network hashrate is only about 200-700Mhps at the moment.

You are having difficulty getting connections because only one of the hard coded full nodes in the original wallet are still operational.  This is part of the reason we are releasing a new wallet.  

Private financial transaction features are not on our roadmap, this isn't a private transaction project although that doesn't mean that an application or service that we host might not require the use of a privacy feature in the future.  Whether darksend would be of use given that the original lead dev pretty much totally re-wrote the masternode code remains to be seen in practice.  We'd hope that being a fork of the old DRK (pre core upgrade) that it wouldn't take too much work to share features.

I'll post a link to our latest update so you can see what our current targets are.

EDIT:  Here it is   https://docs.google.com/presentation/d/11hu8xM6sojS6ciqdXyFXE_ENK4TemnEr-uFucAOB3IY/edit#slide=id.p

Hope all is good with you.

Dan

Cheers for that.  I'll add it to the list of projects on my watch list.

Don't waste your time GeorgeM.  That's exactly the kind of reaction he wants to get.

I hope I'm wrong about who it is.