Not sure if anyone noticed... but according to blockchain.info, if GHash.io and BTC Guild joined forces, they could 52% (yes, I mean 52%) attack the network. Am I the only person who thinks this? So... what to do about it. Well, I was thinking about starting a new pool, one that would hopefully win back some percentages from the big players. Here is my summary of what the community wants: 1. 0% Fee 2. Merged Coin Mining 3. Great Stats 4. Simple to use interface 5. Fast Servers I thought I would post on BT to see if there is any interest in developing another pool. I'm a computer programmer and I'm going to get started on this but I'd like some help. Also, what features do YOU want to see in a pool? Two things spring to mind: 1 - If BTC Guild attack the network the miners can pull out and drop back to another pool. Pool's attacking the network are not really that much of a threat. 2 - How will you pay yourself for hosting a pool that is intended to become a major player? You are offering to host and code this pool for 0 income. Do you plan on advertisements? |
|
|
|
|
Any news on the CryptoTrade front?
|
|
|
|
 I "accused" someone else (well, in PM) to be VE  Really? Haha I can't imagine who... VE is certainly a unique character on these forums. |
|
|
|
my wallett is on my android
as for tfa in cryptsy, well i had it off
Ok, well from what I have heard these mobile and online wallets should only be used for spending coins. (A little amount that you intend to use throughout the week) Your main balance is meant to be stored on a secure computer using one of the desktop wallets. Also all online services that handle Bitcoin must be using two factor as standard. I have no Bitcoin on any site without two factor. I don't want to be mean but for everyone reading this, if you have bitcoin on a site without any two factor, consider them gone. My only suggestion is earn some fiat quick and buy yourself more bitcoin before they go to $10,000 a coin! Also you should move on, you can't accuse Cryptsy of incompetence because you did not have their two factor security enabled, and you certainly will never find the thief. Go buy some more bitcoin and learn from this incident. Good luck! |
|
|
|
they took them from cryptsy and my personal wallet
Ok, start offering us more real details; please answer the following: Where is your personal wallet located? On your desktop? What software are you using for your personal wallet? Now with Cryptsy, did you have two factor authentication enabled? If not you have no right to bitch, everyone everywhere shouts and shouts, use goddamn two factor authentication! Please provide answers to the above. |
|
|
|
|
How many shares does StuartUK have?
|
|
|
|
It's simple: he thinks ACtM is a red hot proposition. He isn't wrong, and you can't blame him for wanting in, but I don't want him in for cheap shares. He deserves to pay top dollar to get back into this company and we have to establish what a fair price is for him and the Trolls to pay.
Maths coming up tomorrow, see you guys later.
1 - If your maths works I will post in my knowledge thread, I was too busy to do my own. 2 - I think if Crumbs really wanted cheap shares he would have been buying before Bitfunder closed, the shareprice was <0.001 for a long time. I am not convinced he wants cheap shares. I think he is rich and just likes to gloat. Lot's of people get bored, this forum is entertainment for him. |
|
|
|
|
You might want to take commision, otherwise you're working for free holding peoples bitcoins.
|
|
|
|
I know this question will probably evoke immense laughter since I haven't been following this thread in a while, but I'll ask it anyway: Is there any word on when we can get our ActiveMining shares & dividends?
See my thread here: https://bitcointalk.org/index.php?topic=361930.0TL:DR; any time between now and a maximum of about 2 weeks and a bit weeks for trading and dividends to be paid. These are estimates and Ken could easily wait it out to January, so we can only hope it is soon. |
|
|
|
|
Anyways, I am falling asleep so night night everyone!
|
|
|
|
Does no one see how wrong it is to exploit people willing to do such a thing?
Or how right it is. Lets face the music, most of us put in more than we should have, I had been quite conservative building up my fortune until I went batshit mad and put everything into ActiveMining. |
|
|
|
|
Crumbs, attacking Ken's appearance is the most childish thing you have done on this thread.
Stick to a well formed argument please and stop the attacks on the way Ken looks.
|
|
|
|
Ken couldn't write script for sour apples. You will know that Ken is using his script to delete posts when none of the posts get deleted.
Really? I thought Ken was a competent programmer. Read much of his code recently? Ran any? Or... did someone tell you that Ken was a coder & you took it on trust? When i first saw his pics, i just assumed that he hired some old alcoholic to dress up in a Good Will suit & pose for the pics, so that no one with a real life -- with something to loose & a way to link back to Ken -- would have to do it. Imagine how i felt when I realized that *was* Ken (i still sort-a doubt it) Picture that man coding, or doing anything other than falling over. how many beers you think it took to get that guy in the suit crumbs ?
http://en.wikipedia.org/wiki/Ad_hominemCome on guys, you are better than this. |
|
|
|
VE: share reclamation website should be up in this week. I still don't understand why we needed the extra security as opposed to just having the shares assigned to the same e-mail address at c-t, but whatever.
what does the share reclamation site have to do with starting up crypto-trade though. Crypto-trade would be share reclamation. Well that is what I thought, simply send the shares based on email to the CT and they allocate to the user accounts with those email addresses. |
|
|
|
It's possible that he will never follow through with listing these shares on crypto-trade.
Just pointing that out..
He would have done it by now if he was actually going to. Crypto-trade is waiting on him.
We know it's all on Ken now, I made a mention of that in my thread too. Ken claims that the transfer is very time consuming and it sounds like he is building an automated system to handle the allocation of shares. |
|
|
|
Ken couldn't write script for sour apples. You will know that Ken is using his script to delete posts when none of the posts get deleted.
Really? I thought Ken was a competent programmer. |
|
|
|
I guess kSLAUGHTER is back at using his time to delete post instead of actually working. This was deleted within seconds. A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave. You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations. Yeah, that's totally deletable. Let's promote scammers. Yay. Fuck you bitcoin "securities", fuck you bitcointalk. Scammers, scammers everywhere.  Ken did say he wrote a program to delete your posts. I wonder if that was it? Can you test it out by making another post and see if it gets deleted in the same timespan? |
|
|
|
Can I ask something without being flamed on please? So Ken's big announcement is out, and his pump and dump is failing. He needs to sell another 3 Million shares at 0.0025 to raise the money he is going to gift to VMC, his privately held company, for chip NRE. But Bitcoiners aren't buying a $25 Million dollar valuation for a $300k company. So the party is over for Ken right? Wrong. Shortly he is going to hit all the bids on BTCT.co and Bitfunder so that he can give himself that million dollar gift. How do I know? Well if you read his contracts, you would know too. From the summary page on Bitfunder: Notes On The IPO:
As long as AMC does not sell it's shares below 0.0005 then they may do as they please with their shares. It is their company, their ownership, and their shares.
During the IPO, not all shares may be posted as an ASK.
So expect Ken to start hitting bids, and keep hitting them all the way down to 0.0005 if that's what he needs to do. Because who wouldn't when every dollar they raise goes to benefit their company rather than the company they are selling the shares in? Did this actually happen? Or did Ken sell all those IPO shares at 0.0025? |
|
|
|
Why would you think it gives leverage? Depending upon how many shares are involved Ukyo is likely to be very pleased with swapping worthless stock for 106 BTC.
Well yes it depends on how many shares he has and share prices both of which I have no idea. The crazy thing is that 106 Bitcoin is now such a large amount of money. Without knowing how many shares Ukyo had/has it's difficult to determine if this is a good deal. Does anyone know? I expect it to be 100,000 + |
|
|
|
The following conversation makes some good points about the power density of our 24TH/s miners: (Unless really good cooling is being used or something else (liquid submerged cooling?) we might not be able to build these 24TH miners to spec) Please remember we are in a knowledge vacuum when it comes to our chip details, as we have not been updated on changing spec. kleeck, did you calculations account for the expansion cases? They actually have 16 PCI-e slots (assuming a miner is only one slot), though they are 5U not 4U. But I think the requirements would still be lower.  No, I didn't take that into account. That would mean 34U could handle 24Th/s, excluding any heating concerns - so much less space would be needed.
A dose of reality is badly needed here.
At best easic might match KNC's 28nm W / Gh/s performance, which is on the order of 1.5 W/Gh/s. It's more likely this chip will perform worse than that, but let's give Ken the benefit of the doubt.
So 24 Th/s would consume 36 KW of power. High density racks only support 10-12 KW per unit, and that is with sophisticated water cooling radiators on the doors. 36 KW requires 165A of 220V. If you have any familiarity with the type of industrial rental spaces that Ken is pictured in, you would know that they typically have 100A of 220 available.
I sincerely feel bad for the folks that didn't bail on this disaster when I was sounding the alarm in June and July.
First off, the 24Th/s Platinum is rated at ~20,800 Watts or 20.8 KW. That's before the overclocking potential that Ken has stated the eASIC design will safely allow. The space you see Ken pictured in is the manufacturing center, NOT the data/mining center. You're right though, the space needed will probably be greater than 6 racks for DTS' scenario, which is why I plugged in the "excluding heating concerns". Thanks for the dose of reality.  Sure, go ahead and stick with imaginary numbers based on nothing rather than real world data. An easic is not going to get close to the power consumption numbers you are dreaming about.
The imaginary world must be a lot nicer. AMC has 4-5 Ph/s running since September in that world right? Wasn't that the projection? Is that epic spreadsheet where Ken plans to mine more than all the available bitcoin in a year still floating around?
Yes. The imaginary numbers given by eASIC. No need to get all worked up. This is all theorycrafting, anyways.
Cheers.
|
|
|
|
|
Show Posts
