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501  Bitcoin / Mining speculation / Re: here's just how screwed ASIC buyers are - READ THIS if you have a preorder on: October 12, 2012, 12:25:47 AM
yeah, .NET wouldn't be idea for the driver operations  Cheesy Although they obviously use DirectX lol.  But yeah, it's the freaking interface!  To just show a window on a screen to millions of customers, they picked the least likely to work method and then don't even include the framework installer itself in the driver or a downloader for it!  That's like a $100,000 company mistake not a $1 billion+ company mistake.
Cough. Oracle. Cough.

Nobody is immune from bad installer decisions, larger companies just have more inertia, and tend to get stuck longer.

C'mon haven't you people ever worked for a real company?

As a lead developer you provide a project plan to do the project right.

As a mid level manager you find ways to shave time and dollars off of the project plan.

Developers complain "but it will suck"

They give the installer task to the intern who is sucking the mid level managers cock. She can't code but she works late and produces poor quality rubber band and duct tape shit spaghetti code  quickly.

The boss's boss gives the boss a bonus for coming in under budget.

Neither the boss, nor the boss's boss will ever (EVER) actually look at the software.

The support team deals with the fallout and hates the developers for being so lazy.

It's how it works.. When you've been doing this for 22 years like I have you just roll with it. You don't get upset when projects you put your life and soul into get tossed in the trash because of the color of a button (but we can change that!) just so some manager can get credit for having produced a revolutionary new software product. You become jaded, you've already written everything ever so you become a cut and paste programmer while reading news on the web and running your bitcoin side business from your relatively high paid senior developer job.

All is right in the world...



Exactly, what manager is going to defend that feature azhead of their bonus? If you really want the feature to stay in, they have to really want it too.

Software never makes it to ideal, someone always releases it...
502  Economy / Service Discussion / Re: Have Questions about GBLSE Shutdown? Ask Matthewh3 (Unofficial Spokesperson) on: October 11, 2012, 09:46:34 PM
Has anyone heard anything about an exception process for these that cannot log in?

I have been unable to log in using my username or email, and the account reset link is returning an Internal Server Error message.

I've sent an email to support@glbse.com, but have not received a response yet.

Help!
503  Bitcoin / Legal / Re: So, stock exchange is not allowed in usa using bitcoins? on: October 11, 2012, 02:18:45 PM

P.S. Plus, my internet marketing copy skills must be rusty as you don't sound like you followed the link. Smiley

P.P.S. Lets blame that on the author quoted. Its his copy's link, afterall. Cheesy


Given the standard trust level he established I waited till I could get to get a secure VM running before following the link.

Very interesting, some listing are as low as 40k, some have I story and capital as well. Thanks for pointing it out. Not that I'm in position to take advantage of it, but others might be able to see a business plan that would work.

I'm glad I didn't have to buy Pizza in your neighborhood!
504  Economy / Securities / Re: GLBSE is offline We will update our users on Saturday. on: October 11, 2012, 08:32:15 AM
And if you cannot log in...

Nope, still screwed right now.

Password reset is nonfunctional and my credentials are not working.
505  Bitcoin / Legal / Re: So, stock exchange is not allowed in usa using bitcoins? on: October 11, 2012, 01:52:50 AM
Complying with the law is the best option, and I'd like to enhance your knowledge of this process. A clean, legal SEC-registered OTCBB shell company will run higher than most people's idea of pocket change. Please do your Due Diligence, YMMV. Also, you certainly must be registered with the SEC, unless you are classified under a Regulation D exemption.

A clean, legal SEC-registered OTCBB shell company for less than the price of a pizza! That is actually quite cool.

Diclaimer: Pizzas have depreciated drastically, I hear they are a lot less than ten grand now. Smiley

-MarkM- (Yes in bitcoin of course. This is a bitcoin forum, isn't it? Wink)


Wow, obtuse much? Wink

So you are thinking $120k range?

Seems like the cost/benefit ratio should tip over that before too long, I wonder how much pent up demand will cause weirdness in the meantime.
506  Bitcoin / Legal / Re: So, stock exchange is not allowed in usa using bitcoins? on: October 11, 2012, 01:11:32 AM
If a few other firms open up they can cooperate on an OT trust web.
There is no trust when there is SEC. Why are you hiding your head in your ass?
WHAAAAT?

Congrats, you just got my first ignore for that gem.

I do not now, nor have I ever been demonstrably shown to have rectal-cranial inversion syndrome, and your personal, unwarranted attack is both nonsensical and uncouth.

The Securities and Exchange Comission is charged with ensuring trust among parties, it may not be perfect, but it allows me to trade real money with a lot of confidence that all my investments meet certain minimum standards.

The Madoff's of this world (who manage to work inside the lines) are a lot less numerous than the Pirates (who would be sunk in 10 seconds in a wall street brokerage.)

Enjoy your ignorance, I won't be sullying your fantasy world any longer.
507  Bitcoin / Legal / Re: So, stock exchange is not allowed in usa using bitcoins? on: October 10, 2012, 10:06:34 PM
The path looks to be something along the lines of:
You are quite right to be disappointed, markm. The future of OT and OT Server in particular doesn't look very rosy in light of what SEC have done to Nefario. The only solution to overcome this tyranny is decentralization as much as possible.

Swing and a miss.

MarkM has an application that will allow his customers to perform trades with the securities that are issued by the guys taking tests. If a few other firms open up they can cooperate on an OT trust web.

They just have to do it INSIDE the existing framework if they don't want to face potential Jail Time in addition to being shut down.

The trick in the real world is to find a grey area on the edge of existing regulations and get a bunch of folks to put a bunch of money behind it. This money translates into influence and gets regulations updated to affirm the grey area operation as legal. This is what happened with Kickstarter, and within the next decade we should see a few more steps forward, but no government in the first world is going to tolerate folks getting cheated in unregulated securities and losing value.

Think of government regulations as programs executed by people. If you refuse to leverage the right APIs you won't get the response you want. If you start behaving badly enough, you get labeled as a virus/convict and quarantined. just because is is white collar fraud instead of burglary makes it no less of a crime.

In the case of securities regulations they are there because of hundreds of years of clever assholes, you have a lot of learning to do if you want to surpass them.
508  Economy / Securities / Re: What is https://cryptostocks.com ? on: October 10, 2012, 08:57:31 PM

I think there needs to be an awareness of the legality of these things if we are to avoid another GLBSE implosion.

+1
509  Other / Off-topic / Re: Butterfly Labs invests heavily in high speed production equipment on: October 10, 2012, 07:25:59 PM
That thread answered my big question too, they will not be using the new gear for the first batch, it is for follow-on batches.

Quote
Ok, so we have the cats herded, the specs staked out, now we have to actually build these things. As many of you know, we've purchased SMT machines to allow us to manufacture our own boards - and I have mentioned this before, but many have not heard it - we will not be using the SMT equipment to process our first batch of boards; we will be using the same house that did the pick and place for our previous generation products, which means we're still at the mercy of someone else for our first batch shipments. There has been some delays at that stage, but we have the padding, so it's not been a critical issue. There has also been some delays at the foundry, but again, we have padding, so it's not been a critical issue. We are also paying for an expedited run at the foundry (which does not come cheap) to keep our timeline up. All these things have to work out perfectly and our timeline is still looking good. However, if something does not work out perfectly, our timeline is going to slip, plain and simple. We've used up most of our padding at this point and we are still ironing out a few little wrinkles here and there. This has been a long explanation for a simple answer: I would like to tell you we are still on time or pretty close to it, because we are. However, I would also like to tell you that we are going to slip a couple weeks or so if anything goes wrong, and given the complexity of the issues facing us, I would say it's almost inevitable something will crop up between now and the beginning of November that we are not expecting; What that is, I don't know yet, but I would rather error on the side of caution, say the timeline is going to slip a little bit and then surprise everyone with an early delivery than promise an early delivery and not meet that promise. So that's what I'm doing and there's your answer. When I have more information, I'll let people know as soon as I can.
510  Other / Off-topic / Re: Butterfly Labs is going to give lifetime warranty on: October 09, 2012, 01:47:18 PM
have you ever had memory fail? I thought I did once but it was incorrectly inserted, lol.

All good memory makers give lifetime warranty.
Yes, I've lost about 1% of the RAM I buy for our data center, sometimes it just stops or starts corrupting data and has to be replaced. At home I've had a few sticks fail over the years, but the last one was 1st generation BGA PC150, so I've been luckier recently. 

FYI, if you have random crashes that don't trace back to drivers, try some different RAM, you might be surprised.
511  Other / Off-topic / Re: Already delays in BFL shipment plans? on: October 09, 2012, 01:29:09 PM
ASIC is also something different, than the FPGAs...

Another round.... soon we will see, who will really supply it.
Why are you digging up this drek?
512  Economy / Securities / Re: Is your last Withdraw address on GLBSE the correct one? on: October 08, 2012, 09:42:50 PM
I have not ever withdrawn, so Nefario would get to keep my BTC if using the withdraw address.

I'm in the same boat.  I've never withdrawn anything from GLBSE.  However, the address I used to fund my account would work.  I would hope he'd email account holders to establish what he should do for their accounts.  Every account has an email address associated with it.
Added an option for those that have never withdrawn and don't have an address set.

Sorry I missed that one, kinda obvious in retrospect. Please update your vote if this is a more accurate status.

Thanks All!
513  Economy / Securities / Is your last Withdraw address on GLBSE the correct one? on: October 08, 2012, 07:50:53 PM
I know my last withdrawal address was for a payment, but that account is square and closed, so I maynhave to convince someone to give me my own money back.  I'm worried that others are in the same or similar boat.

Quote
GLBSE has been closed

I'm sorry to inform all our users that GLBSE is no longer able to continue operating, and has now closed.

Q: What does this mean if I'm an issuer?

We will do everything in our power to make the process of moving off GLBSE as smooth as possible, we are currently working on a simple, safe, and easy to use method that will allow you to continue your relationship with your asset holders

Q:I'm a GLBSE user, what about my assets and my bitcoin?

You will be able to get back your bitcoin, and if you want to reveal your username, email, and a bitcoin address to accept payments with, you can continue your relationship with the issuer of any assets you hold.

We will begin retuning bitcoin once we have recieved all coins from the GLBSE treasurer that manages the GLBSE cash reserves. BitcoinGlobal (GLBSE's partent company) shareholders and board voted for them to be returned immediately, we are awaiting compliance with this order.

Update:we will begin processing account closures and returning bitcoin later today.

It is completely uncertain what mechanism is being used to issue refunds, so there may or may not be a risk associated with your last withdraw address. I'm simply trying to get some data together on the potential impact.

Please limit this thread to descriptions of how you will or will not be impacted by this setting. You can change your vote, if you do please update your existing post with the reasons.

Thanks Everyone!
514  Bitcoin / Mining speculation / Re: here's just how screwed ASIC buyers are - READ THIS if you have a preorder on: October 08, 2012, 04:46:45 PM
If you go through the order process and never fwd the bitcoins or payment the order number still goes up by 1.

Ohhhh, they should clean that up, lol.


The customer should never see the order# (or at least the row number in the database). They understood this even back before computers were in common use http://en.wikipedia.org/wiki/German_tank_problem

You need a unique reference to run a business, the customer needs that reference as well. The best they could do is obfuscate it (with double SHA2?) or something, but why would makers of web-store software even care about that in a general case? Outside this fishbowl community attempting to decode order numbers is generally a futile exercise, so why expend the effort on the feature?
515  Bitcoin / Mining speculation / Re: here's just how screwed ASIC buyers are - READ THIS if you have a preorder on: October 08, 2012, 04:32:13 PM
yeah, .NET wouldn't be idea for the driver operations  Cheesy Although they obviously use DirectX lol.  But yeah, it's the freaking interface!  To just show a window on a screen to millions of customers, they picked the least likely to work method and then don't even include the framework installer itself in the driver or a downloader for it!  That's like a $100,000 company mistake not a $1 billion+ company mistake.
Cough. Oracle. Cough.

Nobody is immune from bad installer decisions, larger companies just have more inertia, and tend to get stuck longer.
516  Other / Off-topic / Re: Butterfly Labs invests heavily in high speed production equipment on: October 08, 2012, 03:15:07 PM

Certainly nothing like the facilities pictured in the link in the OP, which claims "These units are currently being installed in our new facility."  Then a couple days later, when called out on the origin of the photos, states "they're in transit".

So when a company says "we are installing additional capacity to expand production" when should they make the announcement? After they make the decision? After they pay for the gear? After they receive it? After they verify function? After they run their first production units on it?

Generally when I hear that phrase from customers/suppliers/partners it is used immediately after the decision is made. The CEO gets on the earnings call and tells us how they are expanding, and THEN the company executes (or completes) the strategy of getting the gear onsite, up, running, and productive.

Both statements are true, one is just more precise than the other.
517  Other / Off-topic / Re: Butterfly Labs invests heavily in high speed production equipment on: October 08, 2012, 03:01:50 PM
I've been mining for 6 months with my gaming rig, as I don't have the capital to invest in a dedicated mining system. I slowly accrued fractions of a bitcoin mining a few hours a day with a 5670 before upgrading to a 6870. I've read through hundreds of pages on this forum about how the entire system works. I'm a college student studying electrical engineering, and I'm very good at electronics design and dabble in python coding. I read through the source for poclbm and figured that phoenix is more efficient and a better overall system. I have earned a couple of hundred dollars from mining, and if I'm going to put it into an ASIC, I'm going to be damn sure it's worth it. I'm a low risk trader. I'm not betting my hard earned money on anything less than 100%. I'm not a newbie, I just want a concrete answer.

Well, if you are looking for 100% you might want to look for another hobby. A major reason that BTC is exciting to many folks is that it is still in a state of growth, and everyone at this point can be considered an innovator or early adopter as far as the overall developing economy is concerned. (http://en.wikipedia.org/wiki/Technology_adoption_lifecycle) Because of this early stage, the rules, regulations, and limits of what you can do with BTC are very loose and ill-defined, which in turn leads to:

OPPORTUNITY!

100% certainty is going to exist only in mature, and often ossified, systems that are already "loaded" in favor of the incumbents in the market (see: Regulatory Capture) and the margins are thin.

BitCoin offers far lower certainty, but you have huge opportunities like a potential future with $100 or $1000 value, which helps make up for the chance that I might to lose the whole thing.

Something else you can see played out here is the "Hype Cycle" (http://en.wikipedia.org/wiki/Hype_cycle) with an overall BitCoin trough starting in preparation for the block reward halving, overlaid with an ASIC hype cycle that is in a trough before anything actually ships.

After 20 years in IT, I can tell you that BFL passes my BS test, but ordering today from them is more of a crapshoot because of shipping backlog than anything else.

To everyone who thinks that the only 2 options are "Legitimate or Scam" (I know, very small, very vocal %) you migh want to consider that you are spending so much time on the wring questions, that you will forget to ask the right ones. For instance, I have a big new concern after seeing this thread.

BFL: Are you using this equipment to manufacture preorders? When do you anticipate starting production using the new gear?

I ask this out of genuine business concern. If BFL is just getting their first pieces of high speed equipment, then there are 2 (likely) options:
  • They have already gotten the boards for the first few batches prefabbed, and this is for future runs/products
  • They have no boards yet, and need to start running this equipment ASAP

I'm hoping that it is the former, since I'm assuming that this stuff is a bit more than Plug-n-Pray to get up and running. They do mention an experienced team, but do they specialize in urgent turn-ups of this gear. Who knows, maybe these are they same guys that fed the machines at their previous home.

Since I'm not an employe, stockholder, or board member of BFL I really don't expect them to feel obligated to answer my questions, but if they do I will have a bit better information. Of course so will their competition, who may elect to change their own plans in response and remove the advantage BFL was trying to establish with the purchase of this equipment.

Trying to be a community member while also feeding your family (and employees families) with a for-profit enterprise is a difficult balancing act. The standards of this community around certain things is out of line with typical business expectations. 90% is information that I see shared under NDA in the IT world, but this forum is not exactly NDA...
518  Bitcoin / Hardware / Re: What ELSE could ASIC Mining devices be used for (Theoretical) on: October 08, 2012, 01:16:09 PM
Is there anything else out there that uses DBL SHA-256?
Just once more for good measure: NO

Not true, double sha-256 is actually used for many things. There is plenty of software/websites that use it to store passwords in databases, such as:

http://www.clipperz.com/security_privacy/crypto_algorithms
Wow, your website needs 60 Billion encryptions per second? Or even 4.5? You must be bigger than google.

The problem to most uses of double SHA-256 is the scale difference. Nobody is going to spend $1300 on some thing that they can do with a CPU without noticing the load.

The only workload being built today that can leverage the ASICs in the pipeline today is AltCoins. Some like PPCoin are even avoiding merged mining, which means that you should be able to follow an optimal difficulty path if you really want to have alternatives.
519  Bitcoin / Mining speculation / Re: here's just how screwed ASIC buyers are - READ THIS if you have a preorder on: October 08, 2012, 06:24:44 AM
I would think that the 5850 would not be a super desirable gaming card anymore, right? This means that instead of having a resale market based on BTC mining, it would have to compete with newer, cheaper, cooler cards in the gamer resale market.

I agree that the retail market is unlikely to really notice, unless you are a vendor focused on the BTC market. (although that ship sailed a while ago and I doubt that many think that GPU is going to have a revival or anything.)
Actually the 5850 is still better than the 7770, or about comparable to any other low-to-mid range card.

Good to know, thanks.

Still a bit of a beast for the average user, but it holds at least >$100 value for now.
520  Bitcoin / Mining speculation / Re: What are the chances Bfl. Basic. Avalon. Etc use the same gear? on: October 08, 2012, 04:31:03 AM
Unfortunately, there is basically one way to make an ASIC.  It needs x amount of transistors and registerable cache in a certain ratio to run bitcoin operations a certain way and certain power levels obtain certain acceptable or unacceptable heat dissipations.  If you add double the memory that you need to run bitcoin operations, that just means you wasted money in the design so they're all actually going to be structured extremely similarly.  They obviously didn't invent a new way to actually build the chips' internals themselves, that's up to the Asian factories, so they're all just reinventing the wheel exactly the same way separate from each other.

This isn't like making an airplane where one guy does 2 wings and a propeller and the other does a jet engine.  It's more like making ice cubes, lol.  You hold water in something and drop it below 32F or you don't end up with ice Tongue

What? 1 way to make ASIC? Have you SEEN how many bitstream variations have come out? Even at the most basic level you have the decision between laying down a sea of hashes or a few pipelines per chip. Then you look at the various processes available. Is this a FPGA hardcopy which only really has 1 customer mask added to a standard FPGA-like common set of base layers? Is it a full-custom ASIC laid down transistor by transistor by hand? By algo? By using an HDL? Now take a couple dozen possible optimizations for performance, effiency, OR die size, and you have a few thousand different combinations that could be produced today.

It Is a lot more like making an airplane than you seem to realize, or at least like producing an engine, be it finely tuned, or a big lumbering diesel.

There have been some really good technical mudslinging threads about what constitutes a true full custom ASIC, but there is no question that more than one solution is really being produced. The chances of them all coming out if the same factory in China is not even remotely likely.

OTOH, the chances that there will be at least 2 ASIC options that have the same chip are nearly 100%. I've seen at least one reference to a design being shared, but I'm mobile so I don't have a link handy.
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