|
Is it just me.. or did i just notice that this one pool alone has like 28-30% of ALL BTC hashrate...
that seems like a bit much IMO. Not that I am saying that the operator of the pool has anything but best intentions.. it just seems like it wouldn't take much to push it over 50% pretty easily if another couple bit ASIC users joined.
|
|
|
|
If the share's height >= current diff, then it would solve a new block if solo mining?
I use cgminer 2.7.5, since what version can we look at the highest share found?
New versions -> 2.8.7, 29th October 2012
The best share difficulty is now displayed in the status window at the top, and in the summary on exiting.
New versions: ->2.9.3, 11th November 2012
Solo mining will now show the best share diff as well, even if they're all below target.
What's wrong with just updating to the newest 2.10.5? I've set up my rig for 24/7 mining since months now, with automatic scripts. Why break things when they work perfectly? So this "best share" thing, if it's >= current diff it would theoretically discover a new block if solomining? thats the very deffinition of difficulty. The higher it is the harder it is to find a block. If you find a 2.5m diff share it'll solve a 2.4m diff block butnot a 2.6m block. |
|
|
|
|
clicking the messages button does nothing.. the hover over link is whatever the URL of the current page is with a "#" at the end.
|
|
|
|
|
rJuU7DSuf8b66UDdtesEJmSNxVcQnZT4Xj
|
|
|
|
I don't even understand the purpose of DDOSing a pool. Why not just solo mine until it comes back up? What effect is the DDOS supposed to have anyway?
If it was intended to damage NVC it certainly hasn't done that. In fact, I'd say it has helped the coin establish some legitimacy when it otherwise might not have, if it has done anything.
there is always that factor of "hmm, if someone is trying THAT hard to stop it then it really must be something decent" |
|
|
|
...
What happens when the credit card is genuinely used fraudulently. Ooops. An authorization is just that. It is a request for funds. A request which can after the fact be denied for a variety of reasons. Nothing is "confirmed" until the tx clears in 180 days.
^ I didn't know this, a bit worried now because I had plans to accept credit cards for a service of mine  BTCitcoin FTW well depending on how your service operates (online vs in person), not accepting credit cards can GREATLY decrease the amount of potential customers you get. Also VERY VERY few people use bitcoins, so unless your service somehow specifically targets that market it might not mean much to the average person. Overall quite a small % of payments are fraudulently charged back. The credit card did not get near 100% penetration in everyday commerce by being completely overwhelmed by fraud... |
|
|
|
|
st. barbaras... all this time i thought it was "big effing gun miner".....
|
|
|
|
Thanks guys, I am gonna miss this kind of tinkering with my rigs...unless....we can also overclock the crap out of ASICs!
worldcommunitygrid / folding at home / whatever coinlab comes up with |
|
|
|
|
620 khash on LTC
600 mhash on BTC
1150/600 @ 1.18v BTC
1050/1500 @ 1.08v LTC
I run 3 of these cards.. they are solid. just make sure you have good airflow if you are running them that hard...
|
|
|
|
|
reset my password and my account is now broken....
it recognizes the gauth for login but always says invalid code when trying to withdrawl.
trading doesnt work either.. it thinks a few seconds and then nothing.... login with a secondary account and oh what do you know.. works great.
no response from support either....
|
|
|
|
Well, TRC are not pumped: their price is about flat and around parity with NMC and LTC, while they are cooler.
Huh? LTC is worth at least 10x TRC. but if i can mine 10-11x the coins in a day... it all evens out |
|
|
|
Well, define currency? I hardly use paper "cash" nowadays, my ATM is my wallet. USD, EUR, CAD etc etc... 1 USD = 1 USD, doesnt matter if it is pennies, nickels, a dollar bill or a debit card swipe. That is why the method used to exchange USD is mostly irrelevant (except for security and convenience). |
|
|
|
|
It's backed by other people with FIAT currency willing to buy.
No different then anything else in life....
the value of the radeon cards you mine with is what someone is willing to pay for it. Sometimes it can be unreasonably low or high, depending on what the market is feeling or where you are on the supply/demand curve.
if people suddenly decided that gold was only worth $5/oz then thats what it would be worth, doesnt matter how shiny it is.
|
|
|
|
|
Good point. I didnt think of it that way.
|
|
|
|
|
I was thinking... Why is a block being found the ONLY way a transaction can be verified?
Why cant a message just be sent out to the nodes/clients with a simple query of "hey... so it is cool if address X sends Y BTC to address Z... would you approve that in a future block?"
Randomly pick a dozen or so nodes to send it to and if all responses come back affirmative at least then there is substantially greater evidence of the transaction being legit verses completely unsafe.
MAkes sense to me at least.. but i'm not to intimately familiar with the technical side of transaction verification.
Thanks!
|
|
|
|
|
well... duh?
Who would have thought it was a good idea to consider a transaction complete if a guy claims to have sent you funds but they haven't actually been verified as legit by ANYONE yet?
|
|
|
|
|
I would personally suggest trying to push for more "clean" and legal ideas (as in not gambling or other grey-market things).
Bitcoin needs more press and publicity for legit non-sketchy things. It doesnt really need any more of a reputation for being a drug and gambling currency if our end game is to get larger mainstream usage down the road.
Just my opinion though.....
That said... anything e-commerce related would be nice. Maybe if merchants would offer a discount on the BTC price that would help motivate people to go to the trouble of finding out what it is. A good example of this is Slysoft and their AnyDvd product. 10% off if bought with BTC.
I am not sure about how friendly the experience is for merchants that accept bitpay or any similar service, but getting to avoid the paypal/credit card fees, risk of chargebacks etc help to reduce the cost of conducting business.
Because honestly, at the end of the day BTC is just another currency no different than USD, EUR or AUR as it can easily be converted into good ol greenbacks if that is what a business must pay their bills in.
|
|
|
|
I was thinking of pooled mining obviously, and not expecting much from it. It was just to make some use of the cpu of my miners, given that the TRC difficulty is still so low. Well then, I'll try with just a 5750.
P.S. Hey rabbit: Thanks for the 5 TRC!
Even though i love trc, i would suggest putting your cpu under ltc mining, but you decide  CPU LTC mining is about 3-4x more profitable then sha-256 coins |
|
|
|
Curious, how does bitcoin not support micro transactions?
It's a point of debate, there are also proposed workarounds, check this thread out: http://bitcoin.stackexchange.com/questions/3689/will-transaction-fees-eventually-make-microtransactions-not-worthwhileOr if you prefer the Tl;DR: I doubt that micropayments will be possible and sustainable long-term through the Bitcoin network, so long as every node must learn about every transaction. There's just not enough bandwidth on a typical internet connection to receive 100 bytes each time anybody anywhere in the world buys a snack or a sword in a game or seeds for their farm. Micropayments are feasible now while there is unused capacity for free transactions, but as soon as Bitcoin's user base grows to fill that, the transaction fees needed to balance supply and demand of network resources will make micropayments from stand-alone clients infeasible, if for nothing else, the transaction fee will be too high.
Services like Mybitcoin.com are about the only way micropayments are going to be possible long term. Such services would aggregate them and complete micropayments "off the block chain", and standalone Bitcoin protocol would be left as the backbone for large transfers of money - and the digital equivalent of the "gold in the vault".
I agree with what Casascius said in the quote. First we would need a decent sized name.. trusted company to setup a system like that. There is still a bit of work to be done before bitcoin can truely become more mainstream for internet payments. That said.. once the infrastructure is in place and protocols setup, I think it would be a lot easier for companies wishing to get into the game to do so. |
|
|
|
|
Show Posts
