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7661  Bitcoin / Bitcoin Discussion / Re: Reuters column: Virtual Bitcoins are appealing but probably doomed on: May 29, 2011, 10:23:16 PM

Yeah, Reuters has missed every bubble from the 90's tech stocks, dot.com, housing, mortgage debt., CDO's, corporate debt, etc and yet they are genius enough to understand bitcoin AND call a bubble .... ha!
7662  Bitcoin / Bitcoin Discussion / Re: Bitcoin is men's toy on: May 29, 2011, 01:21:49 PM
The casual sexist jokes aren't exactly going to help the problem.

No, but laughter is good for your health .. it'll reduce your taxes if you live in country with national medical insurance scheme and other people laugh (whatever the joke).

Females will catch on to bitcoin after it becomes a reliable measure of male desirability .... in an average female population sense that is ... generally they follow the crowd, not lead and seek comfort and security in peer re-enforcement of their choices
7663  Bitcoin / Development & Technical Discussion / Re: First quantum computer sold on: May 29, 2011, 12:48:18 PM

US govt. shot itself in the foot with PGP crap-fight .... will probably do it again with bitcoin.

What's to say this "quantum computer" is anything other than just another govt. boondoggle for a connected contractor?
7664  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a PoS on: May 29, 2011, 11:59:16 AM
Quote
Personally I am far too intelligent for that to happen.

me too, but it is easier to play the dumb-ass, ask all kinds of noob questions, be the devil's advocates and catch the smart-asses out when the opportunity presents itself.  Wink

But putting up a title like "BitCoin is a PoS" for a topic thread in your first post is asking for permanent banishment surely .... not matter how syrupy the blather surrounding it ...?
7665  Bitcoin / Bitcoin Discussion / Re: Bitcoin's Global Reach surpassed large Swiss bank UBS' Global Reach on: May 29, 2011, 11:04:12 AM

Makes one wonder how long until the first private banks (swiss, hk, singaporean or otherwise) are offering bitcoin deposit accounts  ...
7666  Bitcoin / Bitcoin Discussion / Re: Overclockers Shutdown all Discussion of Bitcoin on: May 29, 2011, 10:52:51 AM
BitCoin is stealing there free-lunch fan base  .... and kicking sand in their face too.

it's more fun ripping the guts out of the machine and making money than having it all glitzy and spendy-looking  and sucking up money.

It's like 24-hour rally-car racing for money versus friday night rice-rockets for kicks
7667  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a PoS on: May 29, 2011, 10:49:05 AM

Hey, it's open source ... sounds to me like you have just found a huge market niche for yourself ... get out there and set-up the best damn way in the world to trade bucks for BitCoins! ... you'll probably get stinking rich and since

Quote
I am a person of higher-than-average intelligence

it'll be easy as pie for ya, I'm shure.
7668  Bitcoin / Mining / Re: Return of Mystery Miner? on: May 29, 2011, 10:24:52 AM
Good point.

Than I suppose from time to time when employers see electricity bills some rogue IT people get fired.

Ha! Could be ... there was some interview with IT guy at some school ... can't believe how cavalier he was about using school's power and hardware to belt out some BTC on CPU's ... yeah it is profitable on CPU's if you can steal the power and hardware, eh?
http://www.motherboard.tv/2011/5/27/a-bitcoin-lesson-from-a-system-administrator-who-s-growing-them-on-his-school-s-computers

Quote
But note how decline of hash power coincides with difficulty change. It was almost the same before the last time we had drop in difficulty.

yeah, it has the same feel as when last time difficulty dropped .... if it keeps going down I might schedule some maintenance down-time to get things back to scratch ...
7669  Bitcoin / Mining / Re: Return of Mystery Miner? on: May 29, 2011, 09:27:50 AM
By looking at sipa's charts I can say that if you disregard anything but the purple and red lines than there is no mystery. Sensitive hearts of some OCN script kiddies could not take difficulty change and their GPU's dropped off.


Valdimir;
I wouldn't be so sure about that because the portion of the power that has gone off-line was largely in the section "Other" on the bitcoinwatch page from what I noticed (icbw) .... I think the OCNers would have been in with deepbit or one of the other pools, can't imagine they are going solo or private pooling ... or?
7670  Bitcoin / Mining / Re: Return of Mystery Miner? on: May 29, 2011, 07:30:24 AM


looks like more than just averaging blip ...
http://bitcoin.sipa.be/
7671  Bitcoin / Mining / Re: Return of Mystery Miner? on: May 29, 2011, 07:07:52 AM

What the hell is going on with network hashrate?!

http://www.bitcoinwatch.com/

Climbed madly to peak at 4.4 Thash ... and now crashed down to 3.2 Thash ... outside statistical variability. Someone or something had a big push and now has backed off ... first attack? Someone trialling FPGAs?

Anyone got the skinny?

That I think is related to the flawed way in which the hash rate is calculated after a difficulty increase. In other words the problem is with bitcoinwatch.com


So just artifact of the averaging ... how boring.

Edit: Would be good if we got some kind of measure for how extreme the variance of the current block generation rate is ...
7672  Bitcoin / Mining / Return of Mystery Miner? on: May 29, 2011, 06:46:25 AM

What the hell is going on with network hashrate?!

http://www.bitcoinwatch.com/

Climbed madly to peak at 4.4 Thash ... and now crashed down to 3.2 Thash ... outside statistical variability. Someone or something had a big push and now has backed off ... first attack? Someone trialling FPGAs?

Anyone got the skinny?
7673  Other / CPU/GPU Bitcoin mining hardware / Re: Ubuntu Natty Narwhal 11.04 Mining Guide / HOWTO on: May 29, 2011, 04:30:47 AM
Really? I didn't mention solo. Anyways, I'm trying to do pool right now, hence the -server.
I think I got it...the only problem is is that poclmb won't see my other 2 video cards.

And is there any way to write a batch file type thing to run poclbm on all 4 cards instead of having to type it out on terminal?

No, you didn't mention solo ... BUT the only reason you'd need the bitcoin -server locally for a mining set-up is if you were solo mining ....

7674  Other / CPU/GPU Bitcoin mining hardware / Re: Ubuntu Natty Narwhal 11.04 Mining Guide / HOWTO on: May 29, 2011, 04:17:52 AM
Okay I finally got everything to work.

When I do ./poclmb.py -o btcguild.com -u (username_user) --pass=(password) -p 8332 -d 1, it gives me problem connecting with bitcoin error. It'll stay there for about a minute, then it'll start mining. But then 5 seconds after that, it'll say "verification failed, check hardware!"

Help!! So close!!

Okay in this thread you have originally asked questions relating to solo mining and then the command you put here is trying to connect to a pool.

Do you know which it is that you are trying to do, solo mining or pool mining?

If pool then you shouldn't be running bitcoin -server (it will conflict on 8332) and indeed, do not need to be running any instance of bitcoin whatsoever ....
7675  Other / CPU/GPU Bitcoin mining hardware / Re: Ubuntu Natty Narwhal 11.04 Mining Guide / HOWTO on: May 29, 2011, 01:44:47 AM
When running ./bitcoin -server, it tells me I need to create a .conf file with the rpc stuff, which I did.
I put it in home/nick/bitcoin/ is that correct or do I put it somewhere else?

AFAIK about your set-up, it should go in /home/nick/.bitcoin

with the block data and the wallet.dat
7676  Bitcoin / Mining / Re: gpu-watch: dynamic GPU temperature monitoring and fan control on: May 28, 2011, 11:34:47 PM

Nice idea.

Won't work on multi-gpu cards like 5970 or 6990 since they have two adapter per fan. Unless it was modified to address the fans at 0.0, 0.2 and 0.4, etc (for a bank of 3 5970s) and somehow average or take highest temp. from adapter pairs, [0.0 0.1] [0.2.0.3] [0.4 0.5] etc as inputs ....
7677  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [announce] Namecoin - a distributed naming system based on Bitcoin on: May 28, 2011, 12:34:43 PM
Registered my first domain, have to say I'm impressed how easy it is. Awesome work! (spreading the word around...)

Yes. It would be even easier if there was a slightly modified bitcoin client GUI, i.e. a basic namecoin client GUI with an extension to include the capability to handle the new name commands (minimal set);

Code:
name_firstupdate <name> <rand> [<tx>] <value>
name_list [<name>]
name_new <name>
name_scan [<start-name>] [<max-returned>]
name_update <name> <value> [<toaddress>]

and we could trade namecoins like bitcoins to boot.

I can begin a pool bounty in namecoin for this work if someone wants to name their price.
7678  Economy / Economics / Re: Nobel economist Krugman on bitcoin and crypto-currencies. on: May 27, 2011, 11:34:58 PM

I don't know ... could "hivemind" be seen as a compliment when leveled at a bunch of anarchists by a practitioner of groupthink and indulgent hive behaviour?
7679  Bitcoin / Bitcoin Discussion / Re: conjecture about proof-of-work and cryptocurrencies on: May 27, 2011, 11:29:37 PM
I'm not sure if this applies, but in nature, timestamping is distributed. That's how your heart works, for instance -- no one cell sets the pulse. Crickets do the same thing.

Nice observation, circadian rhythms, beat frequencies for clocks.

Thanks! I started reading Strogatz's book again. I wouldn't be surprised if his work on this stuff could be used in a really cool way:

http://epubs.siam.org/siap/resource/1/smjmap/v50/i6/p1645_s1?isAuthorized=no

Quote
The main result is that for almost all initial conditions, the population evolves to a state in which all the oscillators are firing synchronously. The relationship between the model and real communities of biological oscillators is discussed; examples include populations of synchronously flashing fireflies, crickets that chirp in unison, electrically synchronous pacemaker cells, and groups of women whose menstrual cycles become mutually synchronized.

Yeah, I think one of the craziest demonstrations from this was the experiments where the sleep-wake cycle was identified to result from two harmonic oscillators (24.XX hour core body temperature oscillation and another 24.XX oscillator that I can't remember ... melatonin level due to light exposure?) ... anyway they put these lab rat students into a confined room for several weeks and started twiddling temperature and light on-offs and tricked the subjects body's into a 48 hour sleep-wake cycle ... they would be awake for 24 hours and sleep for 24 hours ....
7680  Bitcoin / Bitcoin Discussion / Re: conjecture about proof-of-work and cryptocurrencies on: May 27, 2011, 11:05:40 PM
I'm not sure if this applies, but in nature, timestamping is distributed. That's how your heart works, for instance -- no one cell sets the pulse. Crickets do the same thing.

Nice observation, circadian rhythms, beat frequencies for clocks.
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