When I receive bitcoin into this "offline" wallet doesn't it go "online" at that time?
That's exactly the point, the answer is a "No". Bitcoin address are just hashes of the public keys, when people send bitcoins to an address, they just persuade the network to change the amount of bitcoins recorded under that hash in the blockchain(the ledger), you can even "send" your bitcoins to a random string corresponding to an address which doesn't below to anyone, but it's pointless, as the point is the "ownership" of the address, which belongs to whoever has the private key, and it's as difficult(read: infeasibly difficult) to reverse a used public address to find its private key, as it's to reverse a unused one. Now the only thing you have to do to get people to "send" bitcoins to you, is to generate a public key for which you hold the private key. It's entirely doable if you somehow generate your private/public key on an offline device, which since its birth has never been connected to the internet, and publish the public key's hashed form(the address) on the internet, and keep the private key forever offline(like on a paper), that's about enough what you need to do to "receive" bitcoins. An address whose private key never goes on an online computer is considered an offline address, and an offline wallet is essentially just a collection of offline addresses. Here we have a problem, we can receive bitcoins now with our offline address, but how can we "send" them? Now you have to rely on the sneaker net to do that. Armory provide a functionality allowing to you to sign any transaction offline: you create a so called "watch only" address on an online Armory installation, and generate a unsigned transaction which doesn't really move your coins, then copy it through some movable storage to the offline computer where an Armory installation with your private key resides, sign it offline, and then move the signed transaction back and publish it, this way you can "send" bitcoins without your private key ever going online. Hope that I am clear. Thanks for the info. I'm understanding it more and more. I'm not just using it, I also want to understand how it works, that's why I'm spending the time on how it all works also. Thanks. |
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Is this being sold through Avalon's website? I'm guessing they sell you are the parts/pieces and what not then you just put it all together. Is there a URL where I can see to buy this?
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$ 2,795.00 for 6 GH FPGA? Hmmm  $ 7,000.00 for 250 GH ASIC(?) seems much better deal... That can't be correct. $3000 for 6GH? And it's not even an ASIC? I don't get it. you get $2000 discount for the jupiter when buying the mars. so the price is in reality $795. you just pay a bit for the jupiter in advance. it says up to $2000 so it can be less. You know what, all the talk about what companies will deliver and shit like that is nonsense now. I've never seen so much talk about shit that's supposed to happen or supposed to be made. In their newsletter it said that Jupiter would ship early Autumn, and that means in the bitcoin ASIC world late summer, next year. We would have to wait AT LEAST a solid half year for those Jupiters to be made/shipped. |
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Is there a said definition of what an offline wallet is? I'm still trying to understand it because anything that is in the blockchain is live no matter what, right? Right now I have one wallet. I have bitcoin in there, but I want to move those bitcoin into another more secure wallet within Armory. Would that be an "offline" wallet? When I receive bitcoin into this "offline" wallet doesn't it go "online" at that time? I guess I'm looking for a noob response on what an "offline" wallet is. I think I'm thinking too literal here and it is messing me up.
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When I first started to use Armory I didn't understand it. I thought it was just another bitcoin client. Then after using it for a few weeks I realized how good of a client it really was and how it out performed any others that were available to use. So I continued to keep using it but it seems to just crash more and more. The stability problems really started bad when I upgraded to the latest version. I have to constantly uninstall it and then re-install it to get it to load properly and sync up with all the transactions. I'm almost use to doing that now I've done it so much. My girlfriend watches me use the program and sees me always uninstalling it and then re-installing it and thinks I'm crazy. I'm running Windows 8, 64bit. I run Armory of course in administrator mode and have tried pretty much all the compatibility modes there are. The one thing I have yet to really try is to whip up a VM with Windows XP and try that, but I can't see myself doing so much troubleshooting and testing for something that may never get fixed? If there is something else that anyone needs or wants please let me know. I can pretty much make the program crash on demand by just running it most of the time. Here are a couple of recent crashes from my event log. Does Armory have compatibility issues with Windows 8? Maybe I should try a VM and use Windows 7? So, if there is anything you want me to try/test please let me know. Also as of right now I'm unable to create a digital backup of the wallet. When I'm at the save prompt box I can hit the "save" button 100 times and nothing will happen. And usually at that point it will crash also. Right now I do have a paper backup which I have printed out and I have also saved it as a digital file on my computer to kind of mimic my digital backup. Can I just copy my .wallet file? Is that the same thing that the digital backup makes? Thanks   Here are a couple crashes out of my event log. Faulting application name: Armory.exe, version: 0.0.0.0, time stamp: 0x49180193 Faulting module name: MSVCR90.dll, version: 9.0.30729.6871, time stamp: 0x4fee6073 Exception code: 0x40000015 Fault offset: 0x0005beae Faulting process id: 0x1a28 Faulting application start time: 0x01ce456a0b6e77d2 Faulting application path: C:\Program Files (x86)\Armory\Armory Bitcoin Client\Armory.exe Faulting module path: C:\Windows\WinSxS\x86_microsoft.vc90.crt_1fc8b3b9a1e18e3b_9.0.30729.6871_none_50944e7cbcb706e5\MSVCR90.dll Report Id: bf2105b0-b15d-11e2-be9e-180373e36d96 Faulting package full name: Faulting package-relative application ID: Faulting application name: Armory.exe, version: 0.0.0.0, time stamp: 0x49180193 Faulting module name: QtGui4.dll, version: 4.8.0.0, time stamp: 0x4eed1c5c Exception code: 0xc0000005 Fault offset: 0x0016f6d0 Faulting process id: 0x1170 Faulting application start time: 0x01ce45634e409969 Faulting application path: C:\Program Files (x86)\Armory\Armory Bitcoin Client\Armory.exe Faulting module path: C:\Program Files (x86)\Armory\Armory Bitcoin Client\QtGui4.dll Report Id: 251f35d1-b15c-11e2-be9e-180373e36d96 Faulting package full name: Faulting package-relative application ID: |
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Only sine Jaleperno's have shipped right? No other model? When if ANY will the larger SC ship?
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I still recall Inaba throwing crap at Avalon customers for the size of our units. Except we got them early (enough) and they have been hashing for a little over a month. They are on spec, they work (99% of the time) and they did what was promised.
Now the story with BFL is entirely different....
Products disappeared overnight, and all prices for new customers doubled:
The Jalapeno disappeared and now has evolved into a two chip monster. Don't ask him about the number of chips shortages to come and how that will affect people down the line. The Mini-Rig also disappeared.
Now Inaba is virtually silent on the power and "being green" issue. He probably does not want to tell his customers that each BFL product is an electric hog compared to the original specs. What he was always adamant would never happen to his products. Their profitability over the long term is now closer to that of an Avalon (or much less) with two key differences.
A) The Avalons came out ~on time~ so each customer has plenty of Cash or Bitcoins. The BFL ASIC customers in contrast have lost all that time as "unrecoverable funds" from each delay after delay in the face of increasing difficulty. Their customers are late to the game.
B) The Avalons are actually upgradeable. The Avalons are 66~74GH/s while the BFL's are stuck in nuetral at 60GH/s....we hope....
BFL's 65nm chips perform nearly as bad as 110nm chips.
Inaba is also silent on the fact that their product has grown larger in it's footprint by the day. The compact nature and selling point is all but gone.
Inaba is silent on "competitive GigaHash performance" upgrades owed to their customers. (BFL hampsters are getting 60Gh/s units while Avalon customers got nearly 70GH/s+) Which means BFL customers now have the inferior product.
I could go on, but you'd pretty much get the idea...
Why take it so personal? Because Josh honored you by your not ordering at BFL?  Personal? I don't quite understand. ------------------------ Here is what happened shortly after I got my Avalon Hashing away at 67 to 74GH/s: I realized that I should order something with ALOT more hashing power. I was about to invest 30k into a BFL Minirig. Keep in mind, I paid actual Fiat for my Avalon. I didn't just do what alot of miners did (as in charge up their credit cards nor take out a loan). I paid money out from my own pocket and savings. It was my first mining rig. So it was a leap of faith to be honest. I looked over most products and decided on Avalon because it was one self contained unit. The BFL rig was a close second, but after witnessing Inaba/Josh and BFL Engineers queries, statements and attitude...they didn't look all that hot or right. This was back in October/September 2012. Speed forward to almost the end of March. I decided after seeing my first miner racking up Bitcoins and watching the wallet fill up (and to be honest the price of BitCoins skyrocket) I decided I should buy one of the MiniRigs @ 1.5TeraHashes/s. Problem. I had to clear the money through my family for such a large purchase. (I swear on Gods good name I am telling the Truth) They were fine with it, then I mentioned Inaba's name. DAMN... As soon as they heard that and they asked me if this was the notorious and infamous Inaba/Josh...they pulled the rug on that purchase. They asked me all the smart questions that everyone with common sense on this forum usually asks. Has this guy or his company shipped any units? My painful answer was a clear no. Then I was asked if this was the guy in the CES video. I said yes, it was. Then they asked me why in the world I would order from this guy. I really only had one defense to go by, because he has promised to ship Minirigs of 1.5 TeraHashes/s. I explained that this was a good chunk of processing power at any mining pool. (They more or less understood the idea.) The problem was, they didn't think Inaba would ship especially after several months. So they said "no way" not gonna happen. I couldn't get their approval. ------------------------ They instead asked me what was "Avalon" doing and if they couldn't buy "more modules" or more devices. I said they hadn't really mentioned much on the extra modules and at around that time the batches weren't open yet. No one was against buying more Avalons they just were rejecting the whole BFL idea. In hindsight, I guess I was impulsive on that idea. I am glad I listened....about within the span of 10 days later, the Minirigs disappeared from BFL's website, replaced with an "OutofStock" message. Inaba then came out and said there were serious power issues. The Minirigs were going to be broken into several pieces. People did the calculations and came to the conclusion that a Minirig would take 8 to 10 kilowatts of power. More than is probably safe to run in a standard residence. (Or risk getting a raided by the FBI or DEA for suspected pot growing from an abnormally high electric bill. It's an indicator they look for in case people don't know.) So, as far as I can see, BFL entire product line fell apart.... Right now it is pretty much impossible to buy a Minirig. It is also impossible to get anything above a Jalapeno in the short term. So like it or not, I guess I will be ordering from Avalon once again. I am not as biased against BFL as most people think. I would buy from them if they fired Inaba for omni-potent incompetence and if they actually shipped in volume....well....and if the product actually remains stable over a short term of being in customers hands....which I think won't be the case as they are practically dev units at this point. (In my opinion) ==================== So the short story is, in my eyes, as well as in the eyes of others....BFL fell apart, raised their prices, and will probably be impossible to buy their high end devices...let alone the lower end ones. This is the type of story where you have a rolling turd that just keeps getting bigger and bigger down hill. At each step BFL has always been one issue after another. To examine that for the last 9 months and not come to a conclusion that it is a bad buy in more ways than one.... It would be a great products to buy (well not really anymore) if it actually worked, and they actually delivered ...but it just doesn't materialize en masse.It sounds like we all paid a shit load of money to BFL a long time ago only to have a few developers, BFL employees, family members making really good money off our own money we sent them months ago. Our money basically made some working units to some "preferred" people. They apparently are picking and choosing who gets what. How nice. |
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This company obviously is months and months in releasing anything close to a prototype. From their latest news letter they need our money to fund their ASIC project. Since they don't have any money right now, nothing is happening or being done. They have been talking behind closed doors for many weeks now on how they can get A LOT of money from people without delivering anything for a long time. Basically a bunch of loans from everyone with no guarantee you'll even get paid back. So the best thing they could come up with is trying to lure us in by offering a cheap 6 GH toy for almost $3000 so they can use that money to start their ASIC project. If they could offer a 20 GH then it could possibly be a very enticing deal to try out.
In reality no one wants to dump $3000 into an idea anymore. BFL has already stung enough people and we are pretty much sick of giving our hard earned money to endless lies and failed deadlines. And yes, I bring BFL's failure right into this thread because it could very well turn into the same thing.
PLEASE people, if you are smart, not greedy, don't just give away your money to another product that doesn't even exist.
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Hashrate will hit 60 mil this summer, the fgpa miner might not get much btc
"might not" ? You mean NOT ANY. |
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$ 2,795.00 for 6 GH FPGA? Hmmm $ 7,000.00 for 250 GH ASIC(?) seems much better deal... That can't be correct. $3000 for 6GH? And it's not even an ASIC? I don't get it. |
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I can predict what will happen. They'll eventually start asking for money before they are made. That alone will deter lots of people.
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Ok, today I met orsoc CEO Johan personally and I can confirm 100% this is not a scam
He is interested in bitcoin and knows a lot about it. He acknowledged that they have been discussing this product offering with kncminer for weeks and there will be news published later this week
They will have a more concrete technical specification for the product soon
Yea but when will anything be released? 2 months? 5 months? 12 months? |
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I've had to to uninstall and then reinstall the armory 5 times in the past week. This is getting ridiculous. Is there a way I can go back to the old version or something? This is the error I always get.  |
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What was the link to that surge suppressor that was web enabled where you can power cycle it remotely?
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My Armory just stopped working. It crashes when trying to sync up. Before I start messing around with things, I would like which direction to go in? I do have bitcoin in my wallet. Please advise.
Faulting application name: Armory.exe, version: 0.0.0.0, time stamp: 0x49180193
Faulting module name: MSVCR90.dll, version: 9.0.30729.6871, time stamp: 0x4fee6073
Exception code: 0x40000015
Fault offset: 0x0005beae
Faulting process id: 0x1f84
Faulting application start time: 0x01ce3cad710e53a1
Faulting application path: C:\Program Files (x86)\Armory\Armory Bitcoin Client\Armory.exe
Faulting module path: C:\Windows\WinSxS\x86_microsoft.vc90.crt_1fc8b3b9a1e18e3b_9.0.30729.6871_none_50944e7cbcb706e5\MSVCR90.dll
Report Id: 0edbb14d-a8a1-11e2-be93-180373e36d96
Faulting package full name:
Faulting package-relative application ID:
Did you uninstall the previous version before installing the new one? At least, you can rerun the installer and choose "Repair Installation". Ok, my problem has been resolved per your instructions. I had to perform an uninstall first and not just a reinstall. I also like the way it loads the bitcoind daemon for me now. I don't have to run a separate program. Thanks. |
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Could somebody tell me how much bandwidth an Avalon consumes in KB/s? My connection is 800 KB/s down and 100 KB/s up, but is also needed for browsing, downloading etc.
Jesus, where do you live? In a third world country, like italy. I have the same connection (well, i have 3 of that connections, bounded togheter to have something somewhat usable). The stratum protocol should use something like 1Kbps or 1KBps, not sure. Italy? Then how does the Pope do his online banking? |
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So my Armory install is broke? I was the OP of the error that was coming up. I'm not really sure what I'm suppose to do. I didn't do any upgrades or make any changes. And I still have bitcoin in my Armory wallet. I don't know what you mean when you say run it with this argument or whatever. Can you be a bit more detailed?
Just uninstall your current Armory and install the new version, 0.88.1. That error you originally reported has been fixed. https://bitcoinarmory.com/get-armory/Then what happens with my wallet? The installation directory is completely separate from your home directory. All your wallets and settings will be untouched through a software upgrade. It's like that by design. The two never mix. Armory gets installed to: C:\Program Files (x86)\ArmoryArmory home directory: C:\Users\<username>\AppData\Roaming\ArmoryOk, understood. I'll give it a try. |
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So my Armory install is broke? I was the OP of the error that was coming up. I'm not really sure what I'm suppose to do. I didn't do any upgrades or make any changes. And I still have bitcoin in my Armory wallet. I don't know what you mean when you say run it with this argument or whatever. Can you be a bit more detailed?
Just uninstall your current Armory and install the new version, 0.88.1. That error you originally reported has been fixed. https://bitcoinarmory.com/get-armory/Then what happens with my wallet? |
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With out logging in how can i see if funds are ready?
Thanks
You mean with telepathy or ESP? i might need to be more clear. Fastcash4bitcoins often does not have funds ready so they can't buy BTC. I'd like to find this info without logging in. I know I was only joking. I don't think they have a public status page on available funds. That would be cool to have, something that auto refreshes too. |
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And I thought people are mad at BFL. Man, if I knew I could make a few hundred dollars a day and something to do with shipping was holding my money machine I'd be very pissed off. I've been following Avalon like a lot of other people and it is quite strange some batch 1 units still haven't been delivered.
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