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61  Bitcoin / Electrum / Re: Electrum 1.8.1 Stuck on Block 251526 on: August 11, 2013, 05:18:34 PM
As per the title, no matter what server I reconnect to, it will not go past block 251526

I have tried all the servers
Deleted the contents of /appdata/Roaming/Electrum
Recovered the wallet using my seed & resynced

All to no avail, It will not let me send my balance out of the wallet giving the error -22

Any help is appreciated.

It is not your wallet that is the problem; The problem is on the Electrum Server(s)... this will need to be fixed in order to make Electrum clients functional again.

The exception we are seeing server-side is:
Code:
[11/08/2013-12:06:38] hist [('0000000000000050efb2e0ea17635fa1c2bd8da1e7864ecc0695f2565643989e', 251526, 0)]
Exception in thread Thread-4:
Traceback (most recent call last):
  File "/usr/lib/python2.7/threading.py", line 551, in __bootstrap_inner
    self.run()
  File "/usr/lib/python2.7/threading.py", line 755, in run
    self.function(*self.args, **self.kwargs)
  File "/home/electrum/src/electrum-20130112/server/backends/bitcoind/blockchain_processor.py", line 67, in <lambda>
    threading.Timer(0, lambda: self.catch_up(sync=False)).start()
  File "/home/electrum/src/electrum-20130112/server/backends/bitcoind/blockchain_processor.py", line 675, in catch_up
    self.import_block(next_block, next_block_hash, self.height+1, sync)
  File "/home/electrum/src/electrum-20130112/server/backends/bitcoind/blockchain_processor.py", line 391, in import_block
    tx_hashes, txdict = self.deserialize_block(block)
  File "/home/electrum/src/electrum-20130112/server/backends/bitcoind/blockchain_processor.py", line 366, in deserialize_block
    tx = deserialize.parse_Transaction(vds, is_coinbase)
  File "/home/electrum/src/electrum-20130112/server/backends/bitcoind/deserialize.py", line 291, in parse_Transaction
    o = parse_TxOut(vds, i)
  File "/home/electrum/src/electrum-20130112/server/backends/bitcoind/deserialize.py", line 271, in parse_TxOut
    d['address'] = extract_public_key(scriptPubKey)
  File "/home/electrum/src/electrum-20130112/server/backends/bitcoind/deserialize.py", line 379, in extract_public_key
    decoded = [ x for x in script_GetOp(bytes) ]
  File "/home/electrum/src/electrum-20130112/server/backends/bitcoind/deserialize.py", line 335, in script_GetOp
    opcode |= ord(bytes[i])
IndexError: string index out of range

62  Bitcoin / Hardware / Re: HashFast launches sales of the Baby Jet on: August 09, 2013, 05:37:42 PM

Why are you spreading false rumors ?
They have the units in stock, just check their site. It does not mention pre-ordering anywhere.

....

So please stop with your preorder non-sense.

Yes, because a shipping date of October 20-30 means it MUST be in stock now (August 9th). /sarc

I'm afraid you are mistaking shopping cart boilerplate wording for literal truth. (hint: it's not; it's just boilerplate)

After all, when you're running a scam who has time to change such boilerplate phrases?... you need to collect the money like yesterday!  Grin Cheesy
63  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 09, 2013, 04:30:44 PM
I don't know, my calculations show it looking pretty good.

Anyone using a percentage past the first month isn't using logic.

We MIGHT see a max a 75M Difficulty increase every month (Obviously not the first couple months until BFL Bitfury and Avalon get their act together.)

I would disagree. Anyone NOT using a percentage increase for every month in their calculations is the one failing the logic test (at least for the next 6 months to one year).

This same trajectory happened during the previous GPU boom - of course it will eventually level off as before, but no one knows exactly where (that's speculation).

http://bitcoin.sipa.be/speed-ever.png
64  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 09, 2013, 04:26:01 PM
I don't know, my calculations show it looking pretty good.

Anyone using a percentage past the first month isn't using logic.

We MIGHT see a max a 75M Difficulty increase every month (Obviously not the first couple months until BFL Bitfury and Avalon get their act together.)

Interesting, how do you derive the 75M max increase per month?

It's a 75 % (PERCENT) increase, not 75M. That was the monthly implied increase based on the most recent difficulty adjustment. See the difficulty column for an absolute value of difficulty in each month.
65  Bitcoin / Hardware / Re: Don't Buy Any Miners and Asic Chips with No Guarantee of Delivery and Money Back on: August 09, 2013, 03:34:38 PM
Lots of people see "magic money making machine" and throw their wallets at them.

Yes. and these people deserve to lose every cent they invest.

The OP is correct, if there is no guarantee of delivery, or discount comparable to difficulty increase when the delivery is late, then there is no point in placing the (pre)order.

It is just throwing money away.
66  Bitcoin / Mining speculation / Re: Mining equipment return has gone negative for bitcoin investment on: August 09, 2013, 03:41:24 AM
The positive thing is, now the mining channel of investment in bitcoin basically fully closed, more capital will flow back into exchanges

I think you underestimate the number of fools out there who don't know basic math and are consequently ready to throw their money away on the nearly guaranteed loss of a mining rig preorder purchase.

Just check out the KNC, Cointerra and HashFast threads if you need any more confirmation of the unthinking hysteria.
67  Bitcoin / Hardware / Re: HashFast launches sales of the Baby Jet on: August 09, 2013, 01:09:52 AM
They are saying they'll refund if they're late.

However, only taking bitcoin - I think a lot of people's BTC might be tied up in KnC and mining shares, if not Avalon chip based pre-orders anyway.

They are offering a refund if late? I see someone posted this from their TOS:

https://bitcointalk.org/index.php?topic=262052.msg2895007#msg2895007

So you must submit a cancellation request and there is a right to cure for 30 days... a long time in the mining world. I will like to see a guaranteed shipping date; not an approximate date, and discounts based on number of days passed that shipping date.


68  Bitcoin / Hardware / Re: HashFast launches sales of the Baby Jet on: August 09, 2013, 01:01:47 AM
i truly don't think HashFast is into that game.  they want a long term business that is viable.  sure, they are going to try and sell as many chips as they can but i'm sure if they see that it's coming at the expense of destroying their own customers and business the free market will force them to scale back.

If they want to be a viable long term business, then why not commit to discounts/refunds if they are unable to deliver on time? No commitment of that sort tells me they are no better than BFL or Avalon. In the case of delays, they will make their customer suffer the loss in ROI.

The fact that they will take on NONE of that risk themselves tells me they are not to be trusted. But apparently the world is full of trusting fools eager to part with their money... permanently. ;-)
69  Bitcoin / Hardware / Re: HashFast launches sales of the Baby Jet on: August 09, 2013, 12:56:19 AM

I actually doubt the difficulty slope will continue on the same exponential.

I think that's a very naive assumption.

But feel free to throw your money at another ASIC manufacturer when the track record for the entire industry is months to years late on delivery. I for one am not interested unless there is a guaranteed refund or discount for late delivery to compensate for the loss in ROI.
70  Bitcoin / Hardware / Re: HashFast launches sales of the Baby Jet on: August 09, 2013, 12:47:08 AM
I don't see any refunds or discounts mentioned if you fail to make your shipping date (as every ASIC manufacturer before you has done).

Sorry, not interested.

I will ONLY consider placing pre-orders with companies that commit to discounts on late delivery. Anything else would be foolishly throwing money away.
71  Bitcoin / Mining speculation / Re: Increasing transaction fees for future mining on: August 07, 2013, 03:48:15 PM
No one knows.  They have not decided how to decide what the fees will be.  I suspect it will end up being about 1% at the end of the day.

Woa.... a 1% bounty on network transactions could turn out to be quite a bit of dough even with a modest 10% turnover of BTC circulation per week.  That comes out to 40+ BTC/block.


That's quite a stretch from where we currently are (about 30 BTC per day):

https://blockchain.info/charts/transaction-fees

There does seem to be at least some correlation between fee amounts and the exchange rate of BTC into government fiat. So if the exchange rate begins climbing again, perhaps we will see a comparable boost in transaction fees again.
72  Bitcoin / Mining speculation / Re: Question on theory ... on: August 06, 2013, 02:23:03 PM
this is a big problem, at the end the money maked with the first purchase, are needed for the next one and so on, in this way you will never make any profit(ora at very least a tiny one...)

A problem for who? It's just a market like any other; there will be winners and losers; right now the mining equipment manufacturers are big winners in terms of ROI and miners for the most part will be losers.

It is natural and normal that profit margins get squeezed to near zero over time and those who are unable to maintain a profit margin will be squeezed out of the market as they should be. Mining speculators should be knowledgeable about these risks and should be willing and able to accept them. If not, they should stay out of the market.
73  Bitcoin / Mining speculation / Re: Possibility for a different kind of mining? on: August 06, 2013, 02:08:43 PM
why not?

It's not impossible, just highly improbable.

You could potentially hash for millions of years just to find a single address/private key and by then you'll be long dead and so won't care. ;-)
74  Economy / Computer hardware / Re: Paying for hashing power in-hand. on: August 06, 2013, 12:08:55 PM
Dude...you and everyone else who has money in hand.  Want hashpower...wait in line like everyone else or pay 10X the reasonable price for gfx cards and mine alt coins or buy in to the asicminer overpriced hype.  Otherwise you aint gettin shiiiieeet.   Undecided

I am so glad that math-challenge fools are continuing to overpay for their mining rigs. I expect that over the next several months these same fools will be dumping a lot of bitcoins on the market in a futile attempt to reach ROI, pay off any loans they took out and cover their electrical costs.

That selling pressure will just make my purchases of coin that much more affordable. Thank you again, really! ;-)
75  Bitcoin / Mining speculation / Re: Mining Hashrate Profit Guidelines on: August 06, 2013, 11:56:29 AM
Losses adjusted for n months delay to start mining, per 1 GH
1 months .4   46% loss
2   .62   71% loss
3   .75   86% loss
4   .82   94% loss

I think this last bit is the most interesting/useful for would-be miners to understand. It is the reason people become absolutely livid with delays from BFL, Avalon and any other ASIC seller as delays rapidly destroy any potential for profit (other than profit for the mining equipment companies of course).  Roll Eyes

I imagine in the future that more savvy miners (unlike the current math-challenged crop) will demand a purchase contract with built-in discounts off the agreed purchase price to offset any delay (46% discount for 1 month delayed, 71% discount for 2 months delayed etc...).

I, for one, will never "pre-order" mining equipment without such a contract in place or without the funds being 100% in escrow to make a total refund possible if/when a shipping date slips.
76  Economy / Gambling / Re: Predictious.com | The Premier Bitcoin Prediction Market | Trade & Win Bitcoins! on: August 05, 2013, 12:45:16 PM
Uh... the event date for all of these bets seems wrong:

https://www.predictious.com/entertainment/breaking-bad-season-finale

The Breaking Bad Season 5 Finale is not August 10th. That is merely when the Season 5 (second half) starts.
77  Bitcoin / Hardware / Re: everyone get ready to sue Avalon! ($200 million possibly incoming) / rumors on: August 04, 2013, 10:49:02 PM
It's BS, just google: Avalon 200 million

And scroll past the FUD.

Nice... it's a different Avalon, aka Avalon Ventures:

http://www.xconomy.com/san-diego/2012/09/04/running-on-two-year-cycle-avalon-ventures-lands-200m-for-tenth-fund/
78  Bitcoin / Hardware / Re: everyone get ready to sue Avalon! ($200 million possibly incoming) / rumors on: August 04, 2013, 10:46:39 PM
$200 Million? LOL I guess money does change everything... or this is complete B.S.

https://www.youtube.com/watch?v=QITeC4Vri88
79  Bitcoin / Mining speculation / Re: Avalon batch 3 ROI on: August 02, 2013, 06:50:13 PM
I dont get how some people are having trouble running at 300mhz stable. I have all 7 of mine running at 350mhz, stable for more than 24 hours now.

There must be some issue with your machine. Inspect it closely, make sure everything is plugged in, etc.

Are you doing that with the default 850W PSUs?
80  Bitcoin / Pools / Re: [12000 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested on: August 01, 2013, 03:32:38 AM
Missing payments from block
#19386
#19385
#19384

After website went down, these 3 are not showing up as confirmed reward
and did not get payment for them...

Guys check yours!


I too am missing rewards (They show up in statistics) but are not reflected on the account rewards page.

Not cool. I've switched pools until I see this has been corrected.

I'm here to mine, not to double check someone elses buggy accounting software.
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