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30MH would be a good number to shoot for.
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It has nothing to do with the newly mined coins. Really annoying hearing people spout that nonsense.
Like, totally! I mean, how on earth could an increase of the monetary base by about 14% this year lead to a lower evaluation per unit if insufficient speculative or usage-driven capital enters the market to counter that inflation. What a preposterous throught. It didn't happen with the usd denominated bonds, so why should it, in bitcoin? Because USD is the world reserve currency, and USD bonds are in demand. |
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One should consider the invisible fiat not on the orderbooks, the USD in transit from banks to exchanges. The whales/penguins and fish who sold and waiting to buy back once the technicals align..What happens if Tim Draper's pal decide to put in $10m ?
So now we're banking on supposed invisible/non-existent support money, and what ifs about who is going to invest in the near future? Really? How about we look objectively at what's happened in the market over the last 10 months instead? How about we consider the mood of everyone that has tried to get involved in bitcoin since Jan 1st, and what they might have told their friends and family about their experience so far? It has nothing to do with the newly mined coins. Really annoying hearing people spout that nonsense.
Like, totally! I mean, how on earth could an increase of the monetary base by about 14% this year lead to a lower evaluation per unit if insufficient speculative or usage-driven capital enters the market to counter that inflation. What a preposterous throught. Stop wasting your time trying to think objectively and rationally, Oda. This sub forum doesn't have the ability or even common sense to debate with you.  The other thing I keep hearing is that "Bitcoin daily transactions are actually on the rise!" I guess no one would consider the fact that this is the acceleration of selling transactions as opposed to buy and hold? Some good points there. Increasing transactions and a growing user base are usually touted here as bullish fundamentals. There's a flip side to everything though. |
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I don't expect an attack on the private keys from BCX. Would be very surprising. Perhaps he has some other attack on wallets, but I don't have any idea what that would be, thus I doubt it.
As I said, the anonymity of some of the rings on the block chain appears to be broken (but my combinatorial algorithm is not yet tested nor fully characterized and vetted). There is nothing that can be done about that past history if I am correct. Whether BCX publishes that or not is irrelevant, because it can be calculated by anyone at any time in the future. Once we have the algorithm running, we can determine which rings are not anonymous. This applies to all CN coins. I have a mitigation algorithm for future rings which works when there is no Sybil attack on the transactions. When there is a Sybil attack on the transactions, I don't yet comprehend how bad the problem is or is not. I am discussing it now with smooth. I don't yet know the running time or performance characteristics of my algorithm, nor its statistical properties. But the former may be irrelevant, as we have to compete with the NSA. Thus I've proposed the algorithm has to be run decentralized in conjunction with the PoW, if the complexity turns out to be NP hard.
I don't know if BCX can or will mount a difference or Time Warp attack using his GPU farms. I am not knowledge about the sort of damage he could do with that. I understand from reading others that the community has raised the hashrate so much that he will say that community fixed the problem. Rpietila has clarified privately that his 4 - 8% probability estimate did not apply to my likelihood of finding an exploit. That was only his estimate of whether BCX would mount an attack. It was not even an estimate of whether BCX could mount an attack. Rpietila can define the random variable more explicitly if he doesn't want me to become confused as to his intent.
P.S. I never expected the devs or anyone to cowtail to me. My only issue is my time opportunity cost. I don't want to waste my time. Time is of the essence for me for next couple of months.
Thanks for the update. And that's a good point, that raising the hashrate actually is a type of fix. |
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Thanks. It looks like that's what I need!
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BeiberCoin - that way we can keep the BBR.
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Sorry I didn't explain my situation in more detail. I'm already GPU mining on a few machines with Claymore's software, and CPU mining with Wolf's miner.
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How do I get everything set up for solo mining? I have the daemon running already, block chain up to date, etc.
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It should be noted that this is just an idea that has been bounced around by members of the community.
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Talking about FUD and potential attacks here isn't going to do much good. I think iCEBREAKER is right about needing to get back to a somewhat normal state of affairs.
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Interestingly, the downturn in BTC price hasn't affected MYR like it's affected most other altcoins.
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talking about how the devs are losing their motivation, that they dont feel like putting in the extra effort like they used to
PLEASE just give a detailed breakdown of [what] they need, LIKE A REGULAR COMPANY
Before we all started chasing BCX and TFM's shiny new objects, discussion was underway about reaching funding goals. Since we have some time to kill before the moment of truth, let's get back to that. A 1% devtax on mined blocks (excluding tx fees) would provide devs with motivation for putting in continuing/extra effort. In addition to previously listed items, we should consider keeping funds in reserve to pay for bug bounties and network defense (IE VPS rentals to host known good nodes while under attack). I proposed a "retroactive pre-mine" in the form of a Bootstrap Block containing 1% of all XMR, which is 184,000 coins. The 184k XMR/$300k it provides seems sufficient to fund the following to at least alpha testing: $100k - refactor codebase
$50k - security audits
$50k - integrate DB
$25k - complete I2P
$25k - Official Wallet
$15k - bug bounties
$15k - p2pool
$15k - trustless web wallet
$5k - network defense fundAre these numbers too high, low, or just about right? I'm not opposed to a plan like that, but I believe the emission rate should be slowed if we do that, both to combat inflation and keep the mining end date roughly the same, if not extended out even further. |
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The Monero guys are making it worse: https://bitcointalk.org/index.php?topic=789978.msg8910864#msg8910864We were supposed to be discussing it in private, then TacoTime starts talking tech in public, so I was compelled to reply in public. This forced BCX to push them faster to a fix. And now you've got fluffy committing another epic fail above. Maybe you're contributing to the effort to find Monero flaws. I'm not really in a position to know. As someone who's been observing all the FUD, etc. for the past few days though, I've observed you spending a lot of time on the forums creating drama. You've been alternating between threatening Monero and allegedly working on identifying problems. How can a team work with someone like that? |
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Moneroman88, while being an obvious and not particularly bright troll, ended up being one of the most effective trolls I've ever seen.
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By some estimates, BCX might be worth as much as $100,000,000+. He could get any amount of hash power he needs for a trivial (relative to him) amount. And, as Aminorex alluded to, he has a large network of other resources at his disposal.
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r9 270
13.12 = 370h/s
14.6 = 220h/s
?
Are you using the correctly corresponding driver and miner versions? |
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Thanks for Linux miner!
OS Ubuntu 14.04, catalyst 14.4, GPU Miner v7.0 Beta catalyst 14.6
Host 1: Sempron 140 2GB RAM, dual R9 290 @ 947MHz 1280h/s
Host 2: Xeon E5-2665 4GB RAM, dual R 290 @ 1040MHz, 1390h/s
Host 3: Celeron G1820 4GB RAM, quad 7970 @ 925 MHz, 1420h/s
Host 4: Dual Xeon E5-2665 16GB RAM, quad 7970 @ 925 MHz, 1420h/s
Flying good for the last 24 hours, no crashes.
I don't have any issues regarding virtual memory. Actually i don't have any virtual mem since Ubuntu is PXE booted into RAM (squashfs image) and uses approx 1.1 gigs, which leaves 900 megs free for the first machine.
Are hashrates normal for these cards?
The only thing that stops me from booting the entire farm with this miner is no way to monitor it. With c(s)gminer it's easy using the API and anubis. Any way to monitor Claymore's miner?
The 7970 speed is quite low. for 925MHz, should be around 460h/s. Yours is about 355h/s. Maybe your memory speed is lower than 1250MHz or they are not Hynix. I use Windows. My 7950s get awful rates as well. I'm thinking they probably have Elpida memory. |
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Thanks for deleting my posts. Just put all of my BBR up for sale.
Thanks for putting all your BBR up for sale. |
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Also, your revulsion of "Rune" due to your subjective association of it with D&D and neckbeards says more about you than it does about the name itself.
This is an association that will haunt the coin for the rest of it's life. I just don't think most people would associate runes with that stuff. All of us here are "in the know" about nerdy things. |
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