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May 03, 2024, 05:35:59 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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7881  Bitcoin / Mining / Re: 6990 + 5970 on: May 13, 2011, 12:47:05 AM

100 C is way too hot for those cores, you may have damaged them already. Crank the fans to keep temps. not much above 70 degrees C.
7882  Economy / Economics / Re: How can Bitcoin be used to promote ethnic diversity? on: May 13, 2011, 12:42:00 AM
if we want acceptance, we therefore want numbers.  massive numbers.  micropayments is not so much the issue -  what about microloans?
have you approached kiva (http://www.kiva.org/ )?
has anybody?

Neat idea!  All sorts of chicken-and-egg hurdles to overcome (what good is a bitcoin loan if there is nothing to spend the bitcoins on?), but microlending bitcoins would be great.  I'm spread a little thin at the moment, but if you think a conversation with kiva right now might be worthwhile then go for it.  You don't need anybody's permission or advice to become the Bitcoin-Kiva Liason Officer.



Just a word of warning here. Loaning in a deflationary money like bitcoin is hell for the borrowers, since they will probably exchange it into the local currency and then when they come to convert back to pay it off they will get hammered on any appreciation in bitcoin value.

For poor people to be loaning in bitcoins right now would be very, very tough to pay back later. It is like what happend to the Eastern Europeans who loaned "low interest" Swiss franc loans. They got killed when their local currency depreciated and they are suddenly saddled with huge loans they will never pay back.
7883  Bitcoin / Bitcoin Discussion / Re: Has anyone already payed Bitcoin-related taxes? on: May 12, 2011, 11:30:59 PM

Tax law is a hopelessly confusing morass already ... why would you want to introduce an unbelievably complicated technical notion like bitcoin into the mix ... do you like getting massive bills from your accountants and lawyers? Is anyone gonna pay you back when they dissolve into a puff of nothingness on some s/ware bug panic? Let the guy who's tapping you up for money figure it out at their expense.
7884  Economy / Marketplace / Re: Bitcoin is not used as money anymore on: May 12, 2011, 11:18:54 PM

Imagine you are living in country that is on the gold standard, like USA in 1800's and Switzerland until recently were for example, it is difficult to export anything because your prices relative to the fiat-based neighbours is going up everyday. However, your input costs (imports) are also decreasing at the same rate, so you need to be sharp about passing on decreased costs or else you become un-competitive with the fiat-cousins.

To foreigners visiting Bitcoinland everything seems so damned expensive, although the hookers are really, really attractive ... Also, when you travel outside Bitcoinland and go on a shopping spree in the fiat cousins bazaars your money goes a long way. The economic growth in your country may be steady, even appear slow, but the net wealth of the economy is appreciating mightily on the back of the monetary strength.

Welcome to Bitcoinland.

"Give me your tired, your poor,

Your huddled masses yearning to breathe free,

The wretched refuse of your teeming shore.

Send these, the homeless, tempest-tost to me,

I lift my lamp beside the golden door!"
7885  Bitcoin / Mining / Re: Stop building mining rigs people!!!!! on: May 12, 2011, 11:00:18 PM
yes, there is nothing quite like a good googling for the old girl ....
7886  Bitcoin / Bitcoin Discussion / Re: Invert btc in new rig or keep them? on: May 12, 2011, 10:50:08 PM
Actually they could be inverted, mathematically speaking ... 1/BTC

Just give all your bitcoins to me and you wont have to ask in a public forum how to manage your "wealth" .... you'll get as many opinions as there are .... well, you get the picture.
7887  Bitcoin / Bitcoin Discussion / Re: Has anyone already payed Bitcoin-related taxes? on: May 12, 2011, 10:46:40 PM

So I hope you'll raise the issue of your holdings of World of Warcraft gold, Linden dollars and the carrots in your vege garden while you are visiting you local friendly IRS pencil-neck to declare your stash of bitcoins..... sheesh.
7888  Bitcoin / Mining / Re: Stop building mining rigs people!!!!! on: May 12, 2011, 10:35:20 PM

they have to first make bitcoin miners look like criminals before they actually go after them or else they lose the public relations war with braindead mainstreamers ...

how's it gonna look if the goons are kicking in doors of geeks with gaming rigs on "COPS" shows .... those same geeks who bought us lovely toys like iPhone, Facebook, Twitter, email, internet porn ... notta good look ... they can't paint a 100,000 geeks as hackers.

it's much easier to kick in doors of some poor mexican immigrant worker's hovel in a huge over the top "drug raid" for half a bag of weed ... put it to loud thumping music, shakey, excitable, hand-held camera work and bright spotlights on scared "perp" shots and you got yourself a nice bad guy, good guy narrative and police state desensitisation all in a TV show ...

can't see it working with bitcoin mining rigs unless this society is even more far gone than my paranoid mind is imagining ... unlikely, but I've underestimated the depravity of the "state is god mentality" before
7889  Bitcoin / Project Development / Re: Pool worker status on: May 12, 2011, 09:53:57 PM

Any plans to do one for btcmine.com?
7890  Bitcoin / Bitcoin Discussion / Re: BitCoin and money laundering on: May 12, 2011, 07:56:23 AM
I was just thinking. Doesn't BitCoin allow money laundering?

Bitcoin is an open source software communication protocol.

Your statement is as ridiculous as saying

"Doesn't TCP/IP allow money laundering?"

because the electronic pipes and tubes of the interweb that carry "laundered money" are mostly likely carried inside TCP/IP envelopes, parcels and packets.

We could could go right down through the communication layers saying the same banal thing about every component of the stack ...

"Doesn't SSL allow money laundering?"

"Doesn't Ethernet allow money laundering?"

Doesn't, doesn't, doesn't does it? It is an empty non sequitur that demonstrates a complete lack of an ability at a logical train of thought, sometimes associated with the clinically insane. Seeing as you are probably a product of the modern nanny state you can be forgiven for demonstrating such tendencies but time is short for you to escape from your self-hewn straitjacket of morally corrupting, vacuous, illogical world-view construct.
7891  Other / Obsolete (selling) / Re: [FOR SALE] Crippled 5970 on: May 12, 2011, 05:52:32 AM
Depending on the amount of damage it might be possible to get it mining again.

Does it run fgl_glxgears on the damaged core?

If so then try this,

launch fgl_glxgears on that core, once it is running start the miner on that core, if it runs, then swiftly kill the gears process ... if it does get mining like this it may be prone to locking if it pauses too long between submitting shares (it drops back to idle and locks on relaunch) ... to prevent this run two instances of the miner on the same core and it will hardly ever find itself paused back to idle again ... unless you are unlucky (shares submitted from both process simultaneously or pool not responding)
7892  Bitcoin / Bitcoin Discussion / Re: Gavin will visit the CIA on: May 12, 2011, 05:38:42 AM
Bitcoin is not a secret nor a very complicated idea, they don't need to meet with anyone to learn everything about this technology in a day or two. They have their own specialists.

Therefore I can only speculate their intentions are not merely learning about "this new cool thing" but to learn about and meddle with people who are behind it. I find it disturbing. They want to get into personal contact, watch the community, learn about relations between developers, between major traders, their lives, perhaps even to "convince" Gavin somehow to work for them as informant. What's the better way to start it than get in touch with the current lead developer? They are not your friends.

I think you should just send them info - you can learn everything about Bitcoin on bitcoin.org.

Two angles to this:
i)
If this is the case, it will be a good test of how susceptible the protocol is to political coercion/meddling. Better we find out now than when there is some real money in play.
ii)
When you continually take lovers in a whorehouse expect to get the pox eventually.
7893  Economy / Marketplace / Re: T-shirt contest and future bitcoin retail site on: May 12, 2011, 02:09:49 AM

000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

                            Money doesn't grow on trees

                1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa







(Hint: these are bitcoin special numbers)
7894  Bitcoin / Mining / Re: Todays difficulty increase to 156000, where from here? on: May 12, 2011, 12:52:23 AM
A bit off-topic, sorry, but:

I had to add a note to myself: CLEAN YOUR RIG AFTER EACH DIFFICULTY CHANGE.

Today, my steady goody going mining machine crashed .. I analyzed an increased heat. I could not believe that in my clean (*grin*) living room there is soo much dust. All collected on the air fan filters (do you install them, right?).

Everything went fine again when I cleaned them up. The noise of box went down, too.

So, from now, each 2160 block I will clean them. I promise.

Hm, my miner is running outside on my balkony inside a wooden box (of course with air-in/outtakes). I had to take it out last week to flash the BIOS and checked the case and fans for dust => none. I also use no fan filters.

Pretty weird I don't have dust-related problems.. was expecting this. Maybe the outside air is actually less dusty than inside air.


Bingo, way less, depending on your area of course, e.g. fresh countryside air versus desert shanty. Inside most homes are dust pits, from human and animal dander decaying mostly.

An outside air intake with modest filtering is way better than having box under you desk ... in colder climes it's the best place for it.
7895  Bitcoin / Bitcoin Discussion / Re: What are you going to do, when (if) bitcoin hit $1000/BTC? on: May 11, 2011, 11:30:53 PM
We need a pass-phrase exchange to get on The Island:

1)
Query; "How goes the bitcoin mining?"
Answ: "Does it worth it?"

2)
Query; "Are you ever gonna spend those bitcoin on anything?"
Answ: "Hookers and blow"

3)
Query: "Nothing more valuable than bitcoin."
Answ: "Nothing except carrots"


Phrases can be, and should be, asked in random order, need to be letter perfect, and salted into a typically idle conservation one might have with a stranger at your average island heliport.
7896  Economy / Speculation / Re: Bitcoin price increases are just getting started on: May 11, 2011, 10:41:27 PM
I'd say that all these theories of underground exchanges which ignore KYC rules, move around billions of dollars in bitcoins are very interesting. Though idea that such exchanges would survive more than a few days or month before being taken down and operators imprisoned is rather far fetched.



We should engage in a predictions contract regarding this.  Smiley

Yeah, know a good market where I can find such a contract? Or derivative upon the derivative perhaps n^3?
7897  Bitcoin / Pools / Re: Cooperative mining (180Ghash/s) on: May 11, 2011, 10:33:18 PM
Okay thank you. I have go more into hash "calculation" later to understand the whole system Smiley

But is it correct that I get only BTC for Shares? So if I cannot find even shares in one round I get no reward?
That's true. But shares are pretty easy to find. Unless you're mining on a CPU or something, you'll very rarely go through an entire round without finding any share.

For participants which are very small in relation to the pool, the variance is caused by the variance in the number of shares they find.

For participants which are not too small in relation to the pool, the variance is caused by the variance in the number of blocks the pool finds.

So you are saying that participants that are very small in relation to the pool actually have a different variance than the pool itself?

I thought you posted some math somewhere that said the opposite to that?
7898  Economy / Speculation / Re: Bitcoin price increases are just getting started on: May 11, 2011, 09:59:41 PM

Or it could be a market along the lines of an insider information market ... like the CIA might be interested in trading secrets upon ... (really?, yep) or industrial espionage or really dirty political secrets are traded .. like a morph of wikileaks and bitcoin
7899  Bitcoin / Bitcoin Discussion / Re: live now - Gavin on twist on: May 11, 2011, 09:55:43 PM
It was a good interview. Calacinus is pretty switched on as far as media guys go (hadn't heard him before),  the "humble indy bundle" threw him for a wobbly  Cheesy

Would be interested to hear more from both Gavin and Genjix, different takes ... more interviews to come from I hope.
7900  Economy / Speculation / Re: Bitcoin price increases are just getting started on: May 11, 2011, 09:47:17 PM

Yeah its called BetFair

we just need a BetFair for bitcoin ... anybody can be the book and anybody can be the punter.
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