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8101  Bitcoin / Bitcoin Discussion / Re: Bitcoin & the Banks on: April 29, 2011, 12:33:26 PM

Not so much negative as willingly close-minded perhaps. If you are a product of the current dysfunctional, weak, financial system then anything new will be a threat I suppose.

I can't see it being anything less than a crap-fight for the ages ... choose your side wisely is my only advice to those who are part of the current failed financial order, who have been raping it off the top for way too long, I might add.

E.g, clamping down on Joe Couch playing poker in his pyjamas is not winning any friends in the hearts and minds battle.
8102  Bitcoin / Bitcoin Discussion / Re: Gavin will visit the CIA on: April 29, 2011, 11:39:46 AM
 
It may have been better to stall them ... "yeah, yeah we'd luv to come talk to your guys but the project is still beta and not ready for prime time yet ..." ... " don't call us we'll call you kind of thing.

Once you have engaged there is no going back to sleeper mode.

8103  Bitcoin / Mining / Mining difficulty to cross 1 million when? on: April 29, 2011, 10:11:14 AM
Now that difficulty is foregone conclusion to cross 100,000 (who woulda thunk?) please estimate when next ten-folding, i.e. order of magnitude increase, in network hash power and difficulty will occur?

(At current exponential growth rate it will be around 3 months time, Early August, 2011.)
8104  Bitcoin / Mining / Re: Trouble Overclocking 5850 to 900MHz shader on: April 29, 2011, 04:58:53 AM

X server is not so happy to share GPU resources as windows with OClocking tools enabled... i'm pretty sure it is the Xorg process that is hanging but if you could ssh or otherwise remotely login you may find the OS is still up ... at least I did ... othertimes it really is the OS (kernel) that has crashed.

It is a real mess in linux because the x server is taking care of hardware control of the GPU's that are acting as compute nodes in this application but it is a different philosophy than what the x server was built todo  (graphics display management) ...
8105  Bitcoin / Bitcoin Discussion / Re: Satoshi Disappear Day on: April 29, 2011, 04:49:07 AM

we could just celebrate bitcoin on the anniversary of the genesis block

.... in honour of satoshi and reminder not to fall for the banksters slimy lies again


I propose

January 3rd to be Genesis Block Celebration Day


https://en.bitcoin.it/wiki/Genesis_block
8106  Other / CPU/GPU Bitcoin mining hardware / Re: GUI mining - now with BFI_INT optimization on: April 29, 2011, 04:36:33 AM
For those running this GUI miner in Windows 7, will you tell me what your CPU usage is?

Windows 7 64 bit, Radeon 5850 - negligible CPU usage (an occasional 1%)

What CPU do you have?  I'm getting 100% CPU usage on an Athlon 64x2 4200+.  Any ideas on why I'd be getting 100% CPU usage?

Are you CPU mining as well? That would do it. I've got an Intel Core i5-750 2.66GHz.

Nope.  Just GPU mining.  Apparently this is a know problem, but nobody has a solution that they're publicly willing to share.

On linux, if you shutdown all graphical displays and stop moving things around on screen the cpu usages drops away to 2-3% ... you have to use a command-line tool to see this because any gui-based performance monitor will be using graphic resources by definition.

You might not realise how demanding the optimised OpenCL GPGPU mining s/ware is on the GPU ... they are built to scream and any othet interrupts to the GPU will affect performance ... you have to shut everything else down... and I mean everything, particularly anything with a gui or that has opened up a window ... to get the best performance, i.e., dedicated mining.

I understand that GPGPU mining s/ware is very demanding on GPUs, but I want to know why my CPU is being used 100%.  System monitor clearly reports that the miner instances are using the CPU to full capacity, but the CPU isn't engaged in mining; the GPUs are.

Yes, but the CPU has to talk to the GPU to pass work to it, mining or graphics ... if the GPU is tied up then the CPU just spends ages going ......

are you there yet?
are you there yet?
are you there yet?
are you there yet?
are you there yet?
are you there yet?
are you there yet?

I'm not sure that a gui-based miner is good for computation or just for user friendliness ... unless there is something clever going in there to stop the CPU pestering the GPU while it is mining
8107  Bitcoin / Mining / Re: 100 Ghash/sec rig .... ! on: April 29, 2011, 04:11:08 AM
Maybe we put up a bounty for the most outrageous rig-space pictures ...

Points awarded on;
- total rig hash power
- inventive cabling
- airflow solutions
- integration of cutting-edge and obsolete hardware
- secondary uses, heating cooling, noise-generating neighbour scarer
- over-all aesthetic of the rig-space (factory, steampunk, dorm-room bitborg, basement warmer etc)
8108  Other / CPU/GPU Bitcoin mining hardware / Re: GUI mining - now with BFI_INT optimization on: April 29, 2011, 04:05:31 AM
For those running this GUI miner in Windows 7, will you tell me what your CPU usage is?

Windows 7 64 bit, Radeon 5850 - negligible CPU usage (an occasional 1%)

What CPU do you have?  I'm getting 100% CPU usage on an Athlon 64x2 4200+.  Any ideas on why I'd be getting 100% CPU usage?

Are you CPU mining as well? That would do it. I've got an Intel Core i5-750 2.66GHz.

Nope.  Just GPU mining.  Apparently this is a know problem, but nobody has a solution that they're publicly willing to share.

On linux, if you shutdown all graphical displays and stop moving things around on screen the cpu usages drops away to 2-3% ... you have to use a command-line tool to see this because any gui-based performance monitor will be using graphic resources by definition.

You might not realise how demanding the optimised OpenCL GPGPU mining s/ware is on the GPU ... they are built to scream and any othet interrupts to the GPU will affect performance ... you have to shut everything else down... and I mean everything, particularly anything with a gui or that has opened up a window ... to get the best performance, i.e., dedicated mining.
8109  Bitcoin / Mining / Re: 100 Ghash/sec rig .... ! on: April 29, 2011, 03:42:09 AM
8110  Bitcoin / Mining / 100 Ghash/sec rig .... ! on: April 29, 2011, 03:41:11 AM


caption: yep, we got 100 Ghash/s coming on-line!
8111  Bitcoin / Bitcoin Discussion / Re: Gavin will visit the CIA on: April 29, 2011, 03:24:04 AM
In the realm of details, however, that is not true.  The trip will be about $500 when all is said and done.

Surely it is not appropriate to discuss his salary details.

I imagine we'd need to compare with a regular software developer consultancy fee since that better reflects the true cost of time (in a salaried job benefits, vacations, lower taxes and so on play in). Let's say $100 per hour to be conservative. Then assume he prepares his material for a day, and stays the night, and travels back the next, losing 3 days in total. If he has anything less than $2400 left after paying for all expenses, he lost money compared to just staying at home.

It's all rather flimsy but my point was simply that it isn't much money.


.... especially in evaporating fiat currency ...
8112  Bitcoin / Bitcoin Discussion / Re: Gavin will visit the CIA on: April 29, 2011, 03:12:20 AM
Quote
I recognize the countercultural spirit of this group (though I find the anarchic extremeness of many of its members bizarre, difficult to read, and distortive of the discussion -- for example, Bitcoin almost certainly does not represent any sort of threat to the White House, the Internal Revenue Service, or other countries' analogues of those organization

.... that's fine if you think that, and it will be great if WH, IRS, CIA or any other gubmint drone in position to do something keeps seeing it like this for as long as possible .... because by the time they recognise the threat it will be too late .... 0.8 THash/s and counting, grow baby grow the drones are still asleep.
8113  Bitcoin / Pools / Re: BTCMine - mining pool (GPU/CPU miners friendly, LongPolling, JSON API) on: April 29, 2011, 02:54:11 AM

cool.
8114  Bitcoin / Bitcoin Discussion / Re: Bitcoin & the Banks on: April 29, 2011, 01:18:10 AM

http://www.youtube.com/watch?v=WZEJ4OJTgg8

we are botcoin .... you will be assimilated .... RESISTANCE IS FUTILE .... your life as it has been is OVER



hahahahahaha!
8115  Bitcoin / Pools / Re: [~210 Gh/s Mining Pool] INSTANT PAYOUT,+1% with LP! +0.8% for no failed blocks! on: April 29, 2011, 01:08:13 AM
REDACTED:

sorry about that, had my misconceptions cleared up ... we can check it on block explorer if needs be.

feck this luck sucks.
8116  Bitcoin / Pools / Re: BTCMine - mining pool (GPU/CPU miners friendly, LongPolling, JSON API) on: April 29, 2011, 12:58:52 AM

Hi dbitcoin,

I asked the guy from BitcoinWatch to put your pool hashrate on the pie chart with slushes and deepbit.net, he said he was going to ask you.

http://www.bitcoinwatch.com/

I would really like it up there so i can monitor relative size of all pools I use. (I notice he put luke-jr's pool up which is smaller than yours already)

Do you want it up there? Is the data available to him easily? Is there any reason it can't go up there?

Cheers,

moa.
8117  Bitcoin / Bitcoin Discussion / Re: Proposal for breaking "community advertising rules" deadlock on: April 29, 2011, 12:20:31 AM

How about we let the free market decide?

Links that get clicked on the most get elevated to a higher or somehow more prominent standing ... just like google does, eh [mike]?
(except we shouldn't be harvesting data on which links people are clicking, should we.)

We can put a disclaimer that providing details may be helpful to bitcoin-based businesses and leave it at that.
8118  Bitcoin / Bitcoin Discussion / Re: Bitcoin & the Banks on: April 29, 2011, 12:15:36 AM
(BTW this ignores the fact that banks have huge political influence and will support any political attempts to block the advance of bitcoin.)

I think there's a good chance (mmm... 65.3%) that within 4 years one or more of the largest 1,000 US banks will support currency exchange to/from bitcoin for their customers.

Why would bitcoin be a threat to banks?  They're really good at securely handling currency; that's a valuable service, whether the currency is dollars or euros or bitcoins.


Because every electronic transaction that occurs in Bitcoins means less revenue for them, as they are not in the middle.

They might indeed gain from more FX conversions, and I guess they could charge fees for that, but I bet they stand to loose more from lets say "intermediatary fees" than they would gain from additional forex transactions.

Isn't that the whole point of bitcoin? That it frees users from the high fees embedded in the banking system?

Btw don't Bitcoins securely handle themselves? So there is no need for 3rd party security? Or are you saying that banks might offer to protect users' wallets for them?

Gavin picked an interesting number in one of the top 1000 banks.  Now this is interesting from a couple of interpretations.  Does he mean *currently* 1,000 biggest banks?  Or does he mean a bitcoin bank will grow so big it will be in the top 1,000?  I'd assume he's talking about a company that currently is a top 1,000 bank.  But even then, the banking industry is interesting.  The big players have so much influence and power and a lot of the little guys- not so much.  So the little guys might be tempted to adopt Bitcoin because it gives them protection against the big guys.

A brick and mortar (or even online) bank that supports Bitcoins would be great for casual users, and a point of sale instant network would also be quite good.  Hell, if this really caught on, maybe banks would be the only ones that actually were running the software and we all just had interfaces to it and they still had some transaction fees, although much smaller.


This ignores the simple fact that the parties that bitcoin relies upon to succeed have the most to loose from bitcoin's success.

I'm not saying bitcoin isn't going to be more successful than it is.

But for businesses (online and offline) to take it seriously, it needs to be supported by mainstream banks not just by backroom dealers. And I can't really see that happening any time soon.

Am I just being too negative?

Not only are you being too negative, you don't seem to get it either ... perhaps some more time in the reading room before grandiose pontificating?

It will be in the economic interest for some banks to adopt bitcoin as just another currency they can act as an intermediary on (not enough people trust bitcoin to roll-their-own right now but if an early adopter trusted/regulated bank was offering bitcoin-based products they would be wildly successful for reasons too numerous to mention here) .... after the first one does it, it is all gravy from there on.
8119  Bitcoin / Bitcoin Discussion / Re: Gavin will visit the CIA on: April 28, 2011, 11:59:51 PM
I think they might be very much interested in the hashing power of the network.
Imagine if they could use the hashing power to help them with the "stuff they do"...  Grin

A Cray super computer or two would probably easily dwarf the entire network if applied [CPU may have to be modified for efficiency, but they have been doing that for nuclear explosion and weather simulation for decades.

This is not quite correct ... the last best Cray for integer work (spook crypto stuff) was produced circa 2005.

It is not a trivial difference between integer optimised hardware and floating point.

Most declassified supercomputers have moved away from integer machines in the last 5-10 years to concentrate on the bigger markets of floating point machines (scientific/engineering simulations).
8120  Bitcoin / Bitcoin Discussion / Re: Bitcoin thread on OCN, 27 pages in 12 hours on: April 28, 2011, 11:54:19 PM
Now up to 139 pages.

Though I see a lot of NVIDIA users dropping out.

Interesting, I wonder if bitcoin will force nvidia to put out a gpu that can do integer as well as ati/amd now?

If punter comes to buy gpu card and says "how is it for gaming?" ... gets the yada-yada-yada from sales guy and then he says "and how is it for bitcoin mining?"

... nvidia blank-stare Huh
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