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The question is about the three Rs finCen defined, Record, report and tRace
the question is not about technology used, it is about clean transaction. Currently , the LR violates the law as the owner attempt to mask everything while bitcoin is in grey area as all people can read transactions.
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If you like to make bitcoin as a reasonable way for users which do not have any credit cards, then better work with law even all people can read the source code.
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Better make clear for new comers as some people know how to abuse during old times byusing Fiat for this.
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1. Mitt deserves it  2. BTC is pretty much the new LR LR. This is not likely as all people can monitor while LR is not. |
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There's no noob.
If you like to say noob, then study economics, the you are able to find out
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I am wondering how hard is the 21M cap on bitcoin. Is it juts a define that easily could be changed? #define MAX_BITCOIN 21000000; in to #define MAX_BITCOIN 1000000000; recompile and now we have a 1 billion cap. I could of course look in the code, but I think there are people here who already know and it save me time.  In centralized system or simple programming, that is simple to do. But in the model of the discussion, The being has at least three methods to prevent the simple modification as if you mod the factor, then the code will need to re-calculate to follow, additionally, there are many copies to ensure the limit cannot be modified even the source code can be read. That is from DSP Concept. So it is impossible to modify the initial number once You have beamed this out decentralised. |
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The being requires guidances, They cannot control all, but the fiat used, to take crimials down.
Since information means money, better clarify
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Hey guys.
What's the best GPU I can find that fits in a single slot? It also has to be able to pull all it's power from the PCI-E slot, and ideally only take up only one slot in the case.
Recommendations are much appreciated.
AMD 7750 |
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There is no truly p2p exchange,only transmission.
Money is not truly P2P unless the world leaders agrees something like Euros (available for 18 countries).
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What the hell is a "System Administrator of a virtual currency"
Do they mean to say the developers?
"Those who are intermediaries
in the transfer of virtual currencies from one person to
another person, or to another location, are money transmitters that must register with FinCEN as
MSBs, unless an exception applies"
So that's exchanges.
Nothing about miners. Nothing about mining. Nothing about selling coins for USD$. Absolutely zero technical knowledge, merit, insight, or intelligence. Exchanges are regulated and fulfill the KYC/ etc laws.
Lots of Four Horsemen of the Infocalypse, though.
The method you mentioned is completely exposed. In other law. The being is neutral as the developer's target is not for money. For operators, the guideline is on bankers and sellers. |
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I was there when she gave the speech. Someone needs to get a transcript of the Q&A because in that she pretty explicitly said miners of bitcoins and creators of virtual currencies need to follow the FinCEN three Rs (registering, reporting and record keeping).
We need a HowTo document. How to? Use client used to note down how. This includes account and the bitcoin address used at least. We all dislike the infamous to crush the thing. |
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Mining is useless. Stick to fiat
Mining is used for controlling risk as everything has its risk. I accept the risk, Why there are three avatars following me? |
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I had read that AMD is planning to skip the 8xxx series naming for desktop cards (only use them for OEM chips in laptop graphics, etc) and would go directly to the 9xxx series for desktop graphics card products. The 9970 is supposed to have 4096 stream processors and I think should do 1.2 GH/s.
Then, it only provides the stable, but not for later stage. Additionally the new series. If there is no H265 hardware accelaration. Then. it is just a little improvement, not so insteresting as The people in the room know GPU is a form of ASIC,stable ones, New functions can be tested with FPGA. 4096 is currently not possible in 28nm, But AMD like to put more Cores in CU to make stronger, which is a dead loop. |
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I have two of these, they are great, too bad they are only pulling 0.01btc per day.
7950 does not do the right job. The being looks like cripped. I use to use 7970 standard(3GB) to do the thing as I think 7950 is for the dumb. I seldom know why. It may come from real charts, or coming from need external power or only 75W. I have some experience like that so in general for standard usage, 7750 is okay. For power needed, then 7970 as 7970 does the right thing. The being may become bad when The ASIC, high force rate introduced. In April, the power was weak then, But I sense if I don't make a grid for this, then Regardless I do, I will get nothing as GPU cannot stand Last. It may only stand for three days(sapphire power module failures?) The first run last for 14 days (power module problem) 24/7 with different work schdule to address accoustic problem as I don't have aqua to control but software (It is a small bash script to control the ASIC) control instead. while the second push(non human error), run little longer but then. I have two points (pyramining and hashrack) ready so I sell my 7970 away. Lastly, third point constructed too as cloudhashing like to make trust by providing 0.11 BTC giveaway for each user to ensure the host does the job instead of drain you for a year( BFL) who applied before the deadline. I have applied one, Let see when does the giveaway start as the cloudhashing says, in July. |
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From the outside, it's hard to tell if BFL is just a poorly managed company run by some marketing "visionaries" getting caught up in a get rich quick scheme, or simply just maximizing their own ROI before the Kansas State Attorney General gets involved. With the recent hard-line stance on refund refusal and the shipping slowing to a trickle, the latter might make sense - they would take the liquid assets out of the company after a initial shipping push (securing more pre-orders and upgrade funds) while not continuing to tie liquidity up on actual material orders like chips and PCB's. That's if they were planning on "taking the money and run" approach, which I'm sure BFL is not, because they seem like nice, honest folks.
Having Bitcoin involved is handy, with some creative book keeping, and actually making effort to develop and ship a hardware device to limit criminal liability. It's not illegal in the US to be inept, so if a business fails, and you were doing everything a legitimate business would do, you could conceivably get away with murder, and 'lost' everyone's money simply due to some bad circumstances with the BTC market, for instance.
The other alternative is of course, they are actually in the business of making miners. They're having a legitimate business delay that is tying up shipping. In that case, the short-term business outlook becomes more and more bleak as people start requesting refunds and doing charge backs. They could lose what customer good-will they were able to secure with expensive marketing campaigns, and facing the possibility of bringing a worthless product to market by the time the backlog could be fully shipped. The harm this would do to a legitimate business could be substantial, so managing public perception is important, in that case. Managing PR and putting things in a positive light would be critical to staying in business. A business in such a position might do everything they could to manage customer expectations and treat existing customers well, in that case. This is fairly obvious, because to stay in business they might need to rely on that good will, a la repeat customers and existing customers who would advocate for future product offerings. The best way I can offer to substantiate this case, is to look for evidence of BFL fostering their customer relationships.
Like I said, it can be hard to tell from an outsider's view what's going on.
It is not easy to state what wrong it is. The delay is very serious for packaging in ASIC as BFL has their own FPGA for studying. I used to trust when they firstly ship out the 5Ghash/s to follow, by putting in US$700.00 to test out. After 14 days, I think there is problem so I use the paypal policy to blow them out as A true company cannot do no bounds. While I notice that, I have my backup plan before the action as GPU cannot stand for last. For example,how signal become stable? In the ideal case, It requires infinity copies of the same signal( not only in DSP but bitcoin) with different locations (indices) to make stable. I use the concept to stable me by using Virtual mining like hashrack(put 0.25 BTC for it), cloudhashing(0.11 BTC giveaway) and pyramining(No easy to get in but I finally make it, putting 0.01 BTC to power that up...). After the grid forms(at least three points), GPU used is meaningless so I sell my GPU (AMD 7970)to others in a fair price (60% of the initial cost,approximately HKD 2,499) to get rid of bad suppliers. |
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Luckily, I am able to kill the parasite inside my 'body' within 45 day limit. I used to place my 10Ghash/s on April 2013 via paypal. Currently some people think the company is the parasite which must be controlled or be killed if getting worse.
I feel happy that I am able to kick the ass successfully at last...
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Quantum based, currently it does not fit the current style as the operational cost is too high because of Liquified gas needed while the current only need normal air to run. I notice that. The being is still not in practical use. Additionally, although the lab has solved some questions on human resources, Your being runs smoothly? I don't think so as early bird catches the worm. There are only two companies provide ASIC solution just in time while BFL is not. |
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Three? Well, If it is used, I shall consider HKD2,499 each in order to address the total operational cost As you have the profit to select stronger and nastier.
Have you read the coinotron chart before?
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