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501  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) on: March 15, 2014, 04:33:10 PM
They say they are using a 14U rack... But those photos on page one look smaller than a normal 14u rack.

http://image.google.com/search?q=14u+rack
502  Bitcoin / Mining support / Re: BITMAIN Antminer support and OverClocking thread on: March 15, 2014, 04:18:06 PM
can someone tell me if this is normal.  ghash.io tells me i am running at 180ghs, but my hw errors are so high.

http://postimg.org/image/wj6f3r6o9/full
503  Economy / Service Announcements / Re: UK miners on: March 15, 2014, 03:51:24 PM
I would use it but hate dark forum skins

Agreed, dark forum themes are horrible!
504  Bitcoin / Bitcoin Discussion / Re: BTC vs. XBT on: March 13, 2014, 02:14:05 AM
So why XBT and not XBC?
505  Economy / Service Discussion / Re: Can we Sue MTGOX for the leaking our Private info ? on: March 13, 2014, 02:11:12 AM
I think it's impossible to sue a bankrupted company.
506  Bitcoin / Bitcoin Discussion / Re: Email from Overstock to over 41 million people! on: March 13, 2014, 02:08:46 AM
From 41 million emails I would think at least half a million people read it. Still, not bad at all..
507  Bitcoin / Bitcoin Discussion / Re: Seems kind of obvious, who stole the mt gox coins no? on: March 13, 2014, 01:59:34 AM
I doubt that amount of coins were ever stolen from mt.gox by a hacker.  Something else went on.

It would be more likely someone in mtgox has either let that info leak or leaked it themselves to add legitimacy to the claims of a hack.
508  Bitcoin / Bitcoin Discussion / Re: A public service announcement: spotting phishing emails on: March 13, 2014, 01:53:35 AM
I've stopped using my desktop PC as one for all practical purposes.

My desktop PC is now a virtualization host, and every task actually takes place in one of nine VMs.

One VM runs Thunderbird, and nothing else. It's firewalled such that it can't do anything at all except access one designated SMTP/IMAP server.

Wow. OTT much?
509  Economy / Lending / Re: 0.01 to 0.1 loan on: March 13, 2014, 01:50:43 AM
Sure. Let me know your btc address....

Anyone else want some while I have my wallet open?
510  Bitcoin / Bitcoin Discussion / Re: Rise and Rise of Bitcoin on: March 12, 2014, 04:03:40 PM
I see a whole sheet of private keys for casascius coins in that video. All fully readable!  Shocked
511  Economy / Service Announcements / Re: NEW AUCTION SITE! Distractedpuppy.com Try BETA FREE! on: March 11, 2014, 02:18:24 AM
You are already planning to charge a listing fee higher than eBay for a website with basically no other content and presumably very little traffic.

I have already seen a better branded bitcoin auction website fail to attract enough business to be viable, that was with free listing fee's.

Do you provide escrow service? If not are sellers with 0 feedback verified in any way?
512  Economy / Service Discussion / Re: Do anyone know where is freebitcoinz.com admin ? I have serious retard payment on: March 10, 2014, 11:03:16 PM
lol, retard payment. It's serious.
513  Economy / Service Discussion / Re: PBmining - legit? on: March 10, 2014, 11:49:44 AM
No need to be sorry. If it will be a loss than it's my very own fault due to being too naive and stupid.

I have invested 8.9 BTC of which I got back 0.6 so far (after 4.5 days).

...

iFlash



Ouch. looking back wouldn't you have rather sent the 8.9btc to satoshidice double or nothing bet... If so, you would either be standing here now with 17.8btc or nothing, I only point out because in my mind there is much less risk than investing in a new startup cloud mining company, not only that but the potential reward is much greater too!

Although I lost 2.4btc, I wasn't that hard done by because I started with a wallet with 0.5btc in it, used satoshi dice to gamble it up to 3btc, then spent 2.4btc on a fake mining contract. At that point i felt so good about my investment I just lost the other 0.6btc in a few bets at satoshidice without even caring, if i had held onto that I would have still broke even.
514  Bitcoin / Mining / Re: Greedy miners? on: March 10, 2014, 09:40:05 AM
I've been thinking about how pooled mining works, there are a couple of thing which have left me wondering how fair it all actually is.

1.  Is there anything preventing a (dishonest) expert coder from modifying his mining software, allowing it to only submit his work that doesn't discover a valid block for the pool, but when the time comes that he actually finds a valid block the modified software will disconnect from the mining pool and submit the block by himself, therefore he gets to keep the entire 25btc block....   It would seem like a pretty major flaw to pooled mining if this worked, so I'm sure there is something preventing it from happening, if so what is it?


2. Staying on the topic of greedy mining. I'm pretty sure I have read somewhere that it doesn't matter how many transactions miners include in each block, it shouldn't take any extra computational time to produce each hash, I don't understand that.   So again, if the same expert coder rewrote his mining software to only include 1 transaction in each block, am I correct in thinking this wouldn't provide any advantage over including the standard 100-1000 transactions in each block?



1.  This has been discussed many times and has been answered by experts on the subject, which I am not.  So try searching for it.

But to answer in laymen's terms, no the block cannot be kept by the dishonest miner.

But yes they can stop a block solve from being submitted.  It's called a withholding attack.  This risk *ALONE* should be reason enough for pools to not offer PPS.
Sam

I did try searching for the answer to 1, i read the forum a lot also but just never came up with the answer to that question....  Specifically, what is there to stop the person announcing the block through their own node and withhold it from the the pool they were mining with.  In other words it would be solo mining but submitting all your failed work to a pool and receiving payout for it.
515  Economy / Service Discussion / Re: PBmining - legit? on: March 10, 2014, 09:33:44 AM
We will see.

I keep everybody posted on the development on a regular basis.

Best


iFlash

How much did u invest?

I'm sorry for your loss!
516  Bitcoin / Mining / Re: BitOfGlory.com - here's another one. on: March 10, 2014, 09:27:29 AM
We all know this guy mike is most likely fictional, just another tactic used by these scammers to dissuade people from investigating them further.

I got scammed out of 2.4btc by this bunch of scummy wankers. Lucky I only took the smaller package, around that time i was considering investing a lot more in cloud mining, this put me completely off it.

Not only did they rob me, also threatened me because they have my address (which doesn't intimidate me whatsoever, but I can see that's what they were aiming for), funny thing is they wouldn't get out alive if they came near my place, well certainly wouldn't be able to walk for a few months.

Funny thing is this scammer is probably really proud of himself... but all the effort he went to why the fuck didn't he just focus on making money legitimately. OK yes for the few weeks he operated he would have made 100% profit and plenty of sales,  but how long will that last until you need to start scamming again from scratch.. He mustn't realised that there is shit loads of money to be made legitimately on the internet (or else just doesn't have the brains to find these opportunities). I make a decent living working for myself on the net with VERY little effort, probably less effort daily than he put in to that live chat (and that's not to mention all the extra profit I made from sales paid in bitcoin, i have held most since they were <$10 each... so i really only got scammed $24, i know that's not true but i like to think that cuz makes me feel better about it)

Karma's a bitch, this scammer will eventually get what is coming to him.  
517  Economy / Service Discussion / Re: PBmining - legit? on: March 10, 2014, 08:52:15 AM
@Davida: I looked at the site Why on earth would bitofglory be a ponzi? Their prizes are ridiculously high! They do not need to run a ponzi scheme, they make more than enough money with selling what they are offering.


They have since adjusted their prices... I think I paid 2.4btc (2000usd) for 500gh/s.    Then never had any hashing power, just full of shit the whole time. They had a live chat linked with dynastack.com (sells cloud hosting, accepted visa etc, registered for 5 years), which to me gave it more reputation so I stupidly trusted them.

I think they had planned to run it as a ponzi, but it all collapsed in very quickly so they just cut and run.  Mainly because so many people realised that it was a scam so early on, see this bitofglory thread here.

Then some guy came along on that thread to tell us that he owned dynastack.com and his cousin used his website (dynastack.com) to scam everyone, also that dynastack.com was nothing to do with the scam. It's obviously just an attempt by the scammers to make everyone back off and give up looking for them, most people just think ok his cousin is already after him so if he can't find him, what hope I do have, but it's clear all the names used since the beginning are most probably fake.

I'll check back here in a few weeks, I would be very surprised if the mood of this thread hasn't changed dramatically by then.

I feel a duty to give out this warning for people on the fence and thinking about registering... THIS IS A SCAM. Until at least one person comes along with proof that some payouts come from freshly mined blocks I'm 99.9% sure this is scam.  I hope for the sake of people who have already invested that i'm wrong, but unfortunately it just smells SCAM to me.

If you interested in risking your bitcoin for profit... My suggestion, 1x 50/50 bet on satoshidice to either double your money or loss it all.  I think the double or nothing bet has a much better risk reward ratio than trusting your money with these brand new start up companies, even if there was a 50% chance of them being legit you wouldn't double your money and would also have to wait months for any kind of return, so yea a 50/50 bet is a much smarter investment.
518  Economy / Service Discussion / Re: PBmining - legit? on: March 09, 2014, 07:55:45 PM
To me, this just sounds like the bitofglory.com scam all over again. I got done out of 2.4btc last month, several other people lost a lot more!
519  Alternate cryptocurrencies / Mining (Altcoins) / Re: How many GPUs can I connect to this motherboard? on: March 09, 2014, 06:26:29 PM
check out ebay for cheap risers in eu....

here is an x1 adaptor for £6.99 (shipped from china i think)

http://www.ebay.co.uk/itm/PCI-E-Express-x1-to-x16-Adapter-Extender-Cable-Riser-Card-Mining-Cooling-bitcoin-/251466352585?pt=UK_Computing_Other_Computing_Networking&hash=item3a8c9007c9
520  Bitcoin / Mining support / Re: Bitmain S1's and my own private pool on: March 09, 2014, 06:03:31 PM
I don't really know but it should be easy for you to find the answer, it's already been discussed a lot here....  I know you have to run full bitcoin node on pc, and then basically point your mining hardware to your pc instead of the pool or something, don't quote me on that though.

Sure, why don't you just ask your friend if he is already set up?
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