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May 15, 2024, 12:11:28 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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401  Bitcoin / Bitcoin Technical Support / Re: Bitcoin (difficulty) on: June 23, 2014, 10:15:46 AM
You are all WRONG...King Satoshi can play a trump card of sparkling virtual unicorn cream across the entire blockchain thereby proving the lube for digits to freely explore the crypto-chain of unlimited BTC love
402  Economy / Scam Accusations / Re: I no longer work for Butterfly Labs (BFL) on: June 23, 2014, 10:13:17 AM
All this infighting will only lead to one thing, the collapse of the BTC core development and support group.

I hereby call for a CEASE FIRE before something really pisses someone off enough to let a virtual nuke go BOOM.
403  Other / Politics & Society / Re: Iraq Isis Crisis: Medieval Sharia Law Imposed on Millions in Nineveh Province on: June 23, 2014, 06:28:30 AM
Like democracy, social order cannot be imposed but must come the community itself. Anything else is just imposed until the occupier leaves...
404  Other / Off-topic / Re: Do you want superpowers? on: June 23, 2014, 06:00:25 AM
I want become Flash  Grin

Appearing at a public park after dark...?   Cheesy
405  Other / Politics & Society / Re: Ongoing Civil War in America on: June 23, 2014, 05:56:48 AM
BOOYAH..punch on in the US...to the victor goes financial enslavement to CHINA.

Fight....begin!
406  Bitcoin / Bitcoin Discussion / Re: Overstock CEO Calls Bitcoin Code "Slop" on: June 23, 2014, 03:44:58 AM
carrying the blockchain on a mobile phone is not what most people would consider as portable, just chewing up to much space. Is there anyway for 'average Joe' to carry a shortened block chain or transactions of the chain without the need to have a degree in computer science?
407  Bitcoin / Project Development / Re: Project Bitcoin Island - Bali - Indonesia on: June 23, 2014, 03:14:17 AM
Great idea...smashing travellers for six!
408  Bitcoin / Mining speculation / Re: Bitcoin Profitability? Am I wrong? on: June 23, 2014, 02:20:13 AM
THis is a reflection of the supply /demand of capatalism. We have an oversupply of willing miners, hence difficulty is now so high itis unprofitable. People are now subsidising the mining efforts out of their own 'cash' reserves.Once people decide to cut their losses by turning off miners, not just selling rigs to another miner, then the difficulty will drop and mining will becoe prrofitable again for some. Those with the lowest operating costs will remaining on and the operating cost curves will dictate whom switches back on next.

Hope you have your businesss plan ready...
all I can say is im thankful I live in Illinois my power is only .04 a kw so I will be on when most will have to switch off:D

In Australia, my power cost is AU$0.30 kWh. The only way for BTC mining to be viable was to not push hard into 3rd gen ASICs but to put my GPU / FPGA profits into a stand alone alternative power supply - a grid connect 1.5kW system but now making a dedicated 400W hybrid system just for BTC mining. Now my power is secured, I can mine up to ~400Wh all day with next to no ongoing costs (effectively free elec now for mining)

Without a plan, most miners will fail...
409  Bitcoin / Mining / Re: ASICS MANUFATURERS STARTING TO COMPETE WITH THEIR BUYERS on: June 23, 2014, 02:08:51 AM
It looks that the manufactures starting to compete with the people that buys their products, that's really awful.

Always been considered an issue that just lacked confirmation...
410  Bitcoin / Bitcoin Technical Support / Re: Bitcoin (difficulty) on: June 23, 2014, 01:58:51 AM
Satoshi can lower the difficulty whenever he wants Wink

You're going to confuse the newbies.
Heck he had me confused till you chimed in there mister Wink
How could he do so? He can't? 51% of the network would have to use new client with edited diff in order to make this possible, no?
No, Satshosi has the power of veto within the depth of the Bitcoin prototcol. It is a little known sub-routine hard coded into cryptographic layers themselves and is known as the 'Kobayashi Maru subroutine'. If the Satsh unlocks it or adjusts it, the difficulty can be overcome releasing all 21million BTC in a shower of electronic love.
411  Bitcoin / Mining speculation / Re: Bitcoin Profitability? Am I wrong? on: June 23, 2014, 12:52:39 AM
THis is a reflection of the supply /demand of capatalism. We have an oversupply of willing miners, hence difficulty is now so high itis unprofitable. People are now subsidising the mining efforts out of their own 'cash' reserves.Once people decide to cut their losses by turning off miners, not just selling rigs to another miner, then the difficulty will drop and mining will becoe prrofitable again for some. Those with the lowest operating costs will remaining on and the operating cost curves will dictate whom switches back on next.

Hope you have your businesss plan ready...
412  Economy / Digital goods / Re: Cyber crime & horror/thriller ebooks on: June 21, 2014, 11:19:18 PM
Received some orders....last bump
413  Economy / Digital goods / Re: Cyber crime & horror/thriller ebooks on: June 20, 2014, 10:47:16 PM
Saturday morning bump
414  Other / Politics & Society / Re: China's scary growth! on: June 20, 2014, 12:33:04 PM
The rapid growth in China’s defense budget is a natural outcome of its economic rise. It's not as scary as you all think. IHS Jane’s recently estimated that China will raise its military budget by nearly $10 billion this year (going from $139.2 billion to $148 billion). The news fits in well with catchy headlines about China’s growing military might, but as with all figures, the meaning can be distorted when taken out of context.

I read a while back that they had estimated China's defence budget will overtake the US within 20 years, still got a fair way to go, think they've only got one warship. Wont be long til Fox News starts screaming about the yellow peril  Grin

Chinese have a two huge fleets, not as many as the US's 5 however they are growing at an incredible rate and have so for the past 25 years. THey have just sent to sea their 1st aircraft carrier with two more in the pipeline. Capping it off,thye already have their 5th generation fighter entering low rate production whilst JSF continues to blow out.

Don't believe the US propoganda, the Chines and Russian 4th and 5th generation fighters are damn good and any technical deficency they do have is overcome in the additional numbers.
415  Other / Politics & Society / Re: China's scary growth! on: June 20, 2014, 12:29:55 PM
China owns huge amounts of US debt. Given US cannot pay of their own debt, it is only a matter of time before China cashes the checks and large chunks of US infrastructure is given to the CHinese as a debt swap agreement. Most likely the utilities, power and water, which the Chinese government will jack up the prices on and thereby ring the money owed out of the population.
416  Bitcoin / Bitcoin Technical Support / Re: How to upgrade ? on: June 20, 2014, 12:21:30 PM
Just download core 0.9.2 from the link below your user name.

1. Close down bitcoin core.

2. Extract and overwrite the bin/32 or bin/64 directory.

3. Restart bitcoin core.

Good idea to graba copy of 'wallet.dat' before undertaking this process. If upgrade fails, try again until works then paste over new wallet.dat with old wallet.dat.  Avoid losing your coind this way
417  Bitcoin / Bitcoin Discussion / Re: [POLL] How Many Bitcoins Do You Own? on: June 20, 2014, 12:18:42 PM
mined 77...spent 75
418  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn up to 2.4 BTC/Month by Posting on: June 20, 2014, 06:14:38 AM
How do we give STunna a Trust +1?
419  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: June 20, 2014, 06:01:17 AM
is anyone re-selling the smaller units, Prospero X-1?

I am interested in 1 ~ 2 units but the shop only sells in batches of 10  Sad
420  Alternate cryptocurrencies / Mining (Altcoins) / Re: Cuda Mining VS OpenCL Mining on Nvidia card on: June 20, 2014, 05:44:49 AM
You should probably check out x11 mining using ccminer.
can ccminer do CUDA mining in a win7 environment?
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