So is it true that even if a pool didn't have 51%, they could still double spend? How does that work?
I have understood it like that, if same pool gets 2 blocks in row it can double spend etc. So more % that pool has easier it is. I see, so it is a probability thing. So even with 20 or 30%, a pool could get lucky and get a few blocks in a row and do a double spend? Yep, but as they gain hashpower the chances of the spend working increase huge. Any large pool could potentially be a threat. This is why we need more people using P2Pool
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This has happened a couple of times now. They get close to/break 51%, people freak out and move their miners, go back to a decent portion of the network, repeat. People just need to switch pools for good
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You're not going to find any sig campaigns worth your time right out of the gate. Even a regular member can only get .0004 per post from PD right now. It's a whole different story once you've been around for a while, though
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It may work for a short while, but when you lose, you lose big. It's worth a shot for faucets and 'free' BTC, but certainly not to actually try to make some coins.
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They both keep mining until you sell them. However, after the first year you'll be looking at ever decreasing satoshis, so anything beyond that really is moot. It's like having one of those USB Block Eruptors today.
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Probably weak hands getting nervous as the big auction comes up. We'll go back up after it's all taken care of, as always
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Half a year is an eternity in BTC, wonder what took him so long to change his mind
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They're probably gonna get a decent little premium on the coins. We've been in a (small) uptrend the past few weeks and this is a chance to buy tons of coins without placing a whale order that would start a rally. I'd guess 5% or so, but we may never know by the looks of it
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Primedice and Just-dice are my favorites. If you like actual games instead of dice, Satoshibet is also a fun one with everything from Blackjack to video poker
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The only reason we would go down is newbies thinking there is a reason to panic. The coins will go from HODLer to HODLer and nothing will change. If they were going to sell immediately, they wouldn't go through all the trouble of buying from the feds. Probably gonna be a little bit of turbulence and then back to the uptrend
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no they currently dont charge a fee, only thing they charge is the price for their 5 year contracts. check out my sig if you want to test their service out ------------------->> \/ Has anyone calculated if this offer can get ROI in some time scale ? You might be able to, if the company is still around. We still haven't seen a single picture of their facility or any public pool stats..
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It's hard to beat Karpeles after he lost so much... especially how he's still on Twitter posting random shit just to piss people off
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They have always seemed sketchy to me. No pictures or public pool stats, just coins coming out of thin air.
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Got my payment
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Keep it around and undervolt it when it starts losing money. Soon you'll be able to upgrade it to an S3.
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Can't wait to get a pre-order on one of these. Loving the power efficiency and dual fans. Hopefully the pricing won't be too high so we'll actually have a shot at ROI..
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Bitcoin always seems to skyrocket after a bubble, so I wouldn't be surprised if we started to see another one soon.
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Pepperoni, bacon, and sausage. Ordered one tonight with BTC thanks to Gyft
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