461
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Economy / Trading Discussion / Re: Funds “frozen” in TyGrr-Bot’s MtGox account.
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on: May 01, 2012, 03:49:10 AM
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As well as, if I read it right, the payouts were to two different non-contiguous continents also. You'd typically expect spouses to have their accounts within the same geographic region, so this would count as another red flag, begging to be verified.
-- Smoov
You forget the part where they asked Mt. Gox first before they did anything, Mt. Gox said it's OK, then after they made the transaction decided it was illegal and froze the account. WTF! Well, yes they did... and then when they were actually made, 2 different continents... When someone tells me something needs to be sent to their wife, I pretty much expect the same address unless told differently, and then, it is still typically in the same general area. But, if I'm sending something to someone's wife, and that her address ends up on the other side of the freakin' planet? Yeah, that's a serious WTF moment. I wouldn't tend to ask the husband "is she also in North America?" That would just be stupid. Sorry, but this situation, as described by the participants, would make me feel uncomfortable too, to the point of freezing everything, and wanting some verification/confirmation of who I'm dealing with. Cuz... if I allowed it to go through, and it turned out to be a scammer who hacked their accounts? That, is SOOO much worse. MtGox is handling it properly and professionally. It is Goat who is turning this into the major whiney bitch-fest it has become, which is additionally suspicious. -- Smoov
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463
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Economy / Trading Discussion / Re: Funds “frozen” in TyGrr-Bot’s MtGox account.
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on: May 01, 2012, 01:51:15 AM
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Doesn't sound like Goat is trying to steal his own money. Sounds like Mt Gox are selectively holding onto funds without good reason and then using AML legislation (in which jurisdiction, Japan?) as an excuse to take their client's money.
There's no other way to look at it... Its common practice for wives/spouses to have access to joint accounts / business accounts. Trying to quote AML laws when working across multiple jurisdictions is a legal nightmare at best and instead of looking after their customers, Mt Gox is swallowing the cash up and then blaming AML.
Here in Australia, husbands and wives generally use a family trust when they want to share assets etc
The only recourse I can see is to sue Mt Gox in Japan and do it soon before they close up shop and the directors jump ship with all our money.
You must admit though, since his wife didn't have the same last name, it wasn't known that she was indeed his wife. Additionally, most any financial institution would regard several sudden payouts to several accounts with some suspicion. As well as, if I read it right, the payouts were to two different non-contiguous continents also. You'd typically expect spouses to have their accounts within the same geographic region, so this would count as another red flag, begging to be verified. -- Smoov
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464
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Bitcoin / Pools / Re: [360GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
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on: April 28, 2012, 08:14:33 PM
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is it possible to show what version of p2pool the node is running, or is that not available? also... woohoo! lowest ping time on your list! 138ms! -- Smoov I'm starting to think those are ping times from the client to the p2pool nodes, not the node to the other nodes. Loading the page from the miner would be most accurate. Yes, it is always the ping from your current computer to the node. Everyone will get different numbers and if your node is on your machine or on the same network your ping will be very low. In effect it shows you the node that will be best for you and you alone to connect to. The version number isn't in the data below so I don't display it. http://p2pool.hopto.org:9332/local_statswell, I thought the page was showing the ping times from his location since it was his page I was looking at. Oh well. If it is possible to lift the version # of the p2pools in the list, might be good to have it there, if you wanna pick a pool that is current. -- Smoov
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465
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Economy / Securities / Re: Should I start Diablo Mining Company, a 1M BTC startup?
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on: April 28, 2012, 07:34:44 PM
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um... 50% goes to dividends? that seems pretty damned high...
hit a couple/few months of lousy returns and increased expenses (say, for hardware replacement, repairs to the green, etc) and you're in big trouble.
I'd suggest something more like, 10% of profit cash on hand, per period. it would scale over a longer period of time, keeping more of an emergency fund available. If you have a good run with low expenses and low costs, that 10% after about 10 or so months in that condition, would be the equivalent of paying out 100% of that period's profits to dividend, while still keeping the remaining 90% of the cash on hand for emergencies, and next period's dividend cut.
Also, don't make business/financial decisions based on the dividend. The business' sustainability and health comes first, and once it is going and profitable, then, and only then, address the dividend.
I've seen too many companies fail on the net, because they prioritized their dividend, instead of their company. After all. What good is focusing on a dividend when you don't have enough cash on hand left to conduct business?
-- Smoov
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468
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Bitcoin / Pools / Re: P2Pool Server List
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on: April 26, 2012, 09:44:36 PM
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yeah, but that's when the process happens without a hitch I'm thinking more for those unforseen problems with more downtime like when my cat steps on the power switch of my UPS on the computer p2pool is running on (which I'm starting to think he does intentionally) -- Smoov
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469
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Bitcoin / Pools / Re: P2Pool Server List
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on: April 26, 2012, 09:17:04 PM
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I had someone on mine for around a week or so. Trickle hashing most of the time, keeping me as a backup, tho he set me as his primary for a couple days. We had excellent latency, being on the same network, but variance was the main factor for going back to his other pool, I'm told. Am hoping the improvements in the graphs will help out, making it easier to see what the 'global' (for my p2pool) and per-miner payouts are. Otherwise, all people will see, are what my own miners are doing, and since I mine to a different address than the default bitcoind login, my payout always shows 0. It did seem to work well. -- Smoov edit: might be useful to set each other up as backup pools, so when we're updating our p2pool or whatever, are miners just switch over to someone else's p2pool for a while
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470
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Economy / Securities / Re: Should I start Diablo Mining Company, a 1M BTC startup?
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on: April 26, 2012, 06:41:47 PM
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ok, I voted for it, but, a couple thoughts... have you done any research into what kind of breaks you can get putting up the turbine or solar or whichever way you end up going? With the big push of our gov't for green, it wouldn't suprise me if the incentives for that would be substantial. Also, it may be a better idea to just do an initial IPO for just the first round of costs you'd incur, and instead of holding onto the remaining BTC for so long, then do an SPO later on to bring in more funding later. Could be a gamble either way. Full IPO now, hold onto the excess, and BTC goes up, netting youmore buying power later... or, IPO and later SPO, only to find that the BTC price has gone down instead... Oh, and one more thing... have you put any thought into where you are going to be trading at yet? Got it down to a few choices? A big part of my decision to invest my meager amount of BTC would be based in a large part, of what exchange is involved too. Anyways, wish ya lukc, and if you do this, I'll toss in a few BTC out of my 12 total -- Smoov
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471
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Bitcoin / Pools / Re: [360GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
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on: April 25, 2012, 07:42:50 PM
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Please stop spreading FUD P2pool is open source and there is nothing suspect in the code. Do you know what variability and luck is? Nobody suggested anything suspect in it, just that something may still be wrong. I have to agree. I'm no statistician, and maybe it would be worth having someone better versed in statistical analysis to pipe in, but if that one line is indeed a projection of what should be expected, and the other line, what we're actually getting, with variance added, we should expect those lines to cross and re-cross in several different places and continue to do so in the future. The actual results line, when smoothed out, should be pretty close to the projections, but it is spending too much time below the projection, which would imply an issue somewhere with the actual results we're getting. One thing the graphs do not suggest, which is correct? Is the actual results line reflecting something wrong, and the projection is correct, or is the actual results line correct, and there is something wrong with the calculation for the projection? Is it possible to make similar graphs for other operating pools as well to compare against? Nobody is suggesting that there is something hinky going on with the code, but just by looking at the statistics, after this long a run so far, that as long as this pattern continues, there is the increasing likelihood, of something not operating quite right somewhere. It could just be the projection calculation too, who knows, but it begs looking into. -- Smoov
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472
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Bitcoin / Pools / Re: [360GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
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on: April 24, 2012, 07:40:54 AM
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um...
average out to 3.5 ... not 3
otherwise, correct
although, with dice, you're always there for each roll you make, so all of the luck is your own, good or bad... since the numbers in BTC continue to keep rolling whether you're playing or not, you could conceivably, consistently miss out on the good luck periods, and stay in on the bad luck periods. You'd never know when those periods come up tho, so that is another level of luck.
-- Smoov
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474
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Bitcoin / Pools / Re: [360GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
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on: April 16, 2012, 02:50:00 PM
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What bitcoin related files? Does your hd contract when you start bitcoin? I dont think mine does that.
well, one idea, is unless he's running with statically created swap space (which I do to avoid fragmentation), then his windows might be expanding and contracting his swap file on demand, which could be eating up some of that empty space. -- Smoov
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475
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Bitcoin / Pools / Re: [360GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
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on: April 16, 2012, 07:51:30 AM
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and you think it was the blockchain taking up the space?
-- Smoov
I'm not sure if you're being sarcastic... But my serious response is yes. I didn't change any programs but I stopped running bitcoin-qt (because I was keeping track of my payments). And now I coicidentally have an extra 15GB of space. And now bitcoin won't open back up on this computer because there is not enough space available in the C:\users\appdata\roaming\bitcoin folder for the blockchain data. admittedly, there was a little sarcasm there, but not much. it doesn't necessarily mean the blockchain is that big tho. there could be other temporary work files that get created while it is running, and you may have more than one copy of the blockchain while it runs so you always have a safe copy. unless you're checking filenames and their associated file sizes at the time the program is running, and again when it isn't running, you don't have enough info to know it is the blockchain. -- Smoov
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476
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Bitcoin / Pools / Re: [360GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
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on: April 16, 2012, 06:34:31 AM
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In my dedicated miner, I have 4 gb of ram, and an 80gb HDD. There were 15 gb free on my partiton and neither bitcoin-qt nor bitcoind would run. Bitcoind at least gave me an error so I could know what was up... The error read "not enough space." I believe that when you have bitcoind actively running, it consumes much more space than when just checking the folder size. I was running bitcoin-qt on my main rig (separate from my miner) and was filling my SSD. I stopped running and now have ~ 15gb free.
and you think it was the blockchain taking up the space? -- Smoov
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477
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Bitcoin / Pools / Re: P2Pool Server List
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on: April 16, 2012, 03:37:43 AM
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can anyone confirm the fee being paid?
have had several payouts now, I have a guest using my p2pool, plus me using a different address on my miners (as if I was also a guest), and haven't seen a satoshi yet.
-- Smoov
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478
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Bitcoin / Pools / Re: [360GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
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on: April 07, 2012, 06:01:58 PM
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Right but it's the internet where you always lose, so by posting, deathandtaxes automatically lost even if he is right.
Dear Panda Mouse if you aren't happy with reality send your whine to god. Meanwhile stop spreading FUD.
Hao? Last I checked, if you were right then... well... you're right. Ahhhhh, to be young and naive again... .. . -- Smoov
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480
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Bitcoin / Pools / Re: [360GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
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on: April 06, 2012, 08:11:39 AM
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Also, does anyone know if Guiminer works with P2Pool or not? GUI Miner works fine, although I have to keep resetting the port it is supposed to connect to. For some reason, it ignores the 9332 port that is saved in the settings, and changes it to 8332 every time I load it back up. Also, the accepted shares count in the summary tab will always show 0 outside of the perenthesis, like 0(47), but it still works. Use the v2012-02-19 version. -- Smoov
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