In case anyone's missed it my GME pools been up all this time and found plenty of blocks, its available here: http://ctompo.dyndns.org/gmemine/publicAlternatively you can sign up at http://ctompo.dyndns.org:8083/Tompool and have access to all my pools, plus the multipool. Please take note that auto payouts are disabled until GME is back on Cryptsy as I don't know what will happen if the coins are paid out to a disabled Cryptsy account. OK, nevermind... I just realized that we are at an hour per friggin block... so tired of the problems on this coin... The block explorer seems to suggest the average block time is around 20min. for the last dozen 10 blocks or so, it will get 10% faster every 12 blocks until back to normal.
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What do either of those have to do with KNC?
Like KNC they are ASIC manufactures that supply big farms, and contributed to an oversupply of BTC hashing power that's killing most miners ROI.
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Yet they are happy to support mega farms
Source? Um, the post I will commenting on above. Also I guess you haven't heard of things like ASICminer and 100TH
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regarding farms like https://www.cloudhashing.com/frequently-asked-questions "A1: (...) We are currently mining and by September 2013, will be operating at over 115 terahashes. This number will climb steeply to 300 terahashes by November 2013. " "A2: We expect mining for September contracts to start by 26th September 2013 (...)" beside that..the date might be a hint for us regarding day1..? edit: actually it's not a farm I guess, since they offer their hashrate to customers..mining as a service So how much is 300TH/s going to cost them to buy and run? I punched the figures into http://mining.thegenesisblock.com/ and it reckons the 300TH/s might make ROI in a couple of months, but it's a gamble because you don't know who else is coming online, the estimates are only at the known current growth rate. If it were me I would simply put the $millions into buying bitcoins, I don't see economies of scale. I think it's quite funny that KNCminer talk about the ethics of ROI and taking a break until March for the net hash etc. Yet they are happy to support mega farms that totally fly in the face of the distributed hash concept of Bitcoin. When the Hashfast, Cointerra, Avalon gen2, ASICminer gen2 all dump onto the market, 300TH/s will be a small player. BFL probably still have 300TH/s of back orders to fill as well on their current 65nm products. The ASIC vendors are releasing too many TH/s per day, that's going to kill their own market, as the net hash is growing way faster than moores law, meaning they will rapidly run out of efficiency gains from technological advances, and the farms will collapse under their running costs. ASIC hardware is a classic pump and dump, it's didn't need to be that way, the hardware vendors have made it so, they could have sustained a sensible rollout for years.
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Looks like there are several 100THs+ farms going online not far apart, killing each others ROI. Just look how much of the net hash ASICminers have now, it's dropped right off. Each of their business plans doesn't know what new farms are doing online as competitors. I still feel the future of mining will be thousands of small backyard setups that need no aircon, datacenter rental, or staff wages. Bitcoin is designed to eat the margin of big players.
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I am testing http://tgc.sonicrules.org:3334 and the shares don't seem to be found very often by anyone there for such a low diff coin atm. Is the pool set up correctly? In bfgminer it's saying diff 15, where on other busier SHA256 pools like the ones for ZET it says diff 3, sometimes diff 1.
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The formatting of some text is a bit strange for me in firefox, it seems to wrap over itself.
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Have a full 10 chip prototype board hashing now finally, plus five more on another board. 23.3GH on ten chips, 12.7GH on the other five.
Whats the heat like?
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The OP says "160 million coins will be mined in around first year" we are already up to block 152,459 which is (80,640 * 1,000) + (71,819 * 500) = 116.74million does that sound right?
I don't understand why so many coins are mined in the first couple of months, what's the philosophy behind that?
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Some people are reporting their Cryptsy balances are screwed up, negative numbers etc.
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One thing that sucks about solar panels. Is if its a grid tide system like mine and most are. They do not work when the power go out. Its a safety future so you don't feed electricity back in to the lines and end up frying the guy working on them on the other end. But you can always do a battery backup. Witch in that case they would still work. But cost and maintenance of batteries Can be costly, So most people don't bother. Easier to just have a generator for a black out. You can buy hybrid inverters that will grid feed and charge batteries so you can continue to mine if the grid goes out. They obviously wont feed the grid from the batteries for safety.
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What address do I put into BOOTSTRAP_ADDRS= to join the other p2pool nodes, and what port number are they using?
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Any idea when an exchange will be available again?
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Gamecoin (GME) would be nice to see.
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julz tell us more about this promo: https://bitcointalk.org/index.php?topic=291112.0We are glad to announce that we decided to continue distributing more Block Erupter USBs as a limitation-free extension of the coupon plan in the last two months. Besides for mining alone, at the coupon price level they serve perfectly as gifts as well as mining introduction devices. Spec: Rated speed 336MHash/s. Powered by the USB port without any other power source. Electricity consumption as low as 2.5watts. Price from us: 50-1999: 0.12BTC each. 2000+: 0.10BTC each. Removed former 1:1 limitation on coupons. If you bought from the following resellers, please consult them with details accordingly. US: eleuthria, CanaryInTheMine, SilentSonicBoom Canada: teek EU, Switzerland and North Europe: yxt China, Taiwan, Hong Kong and Macau: rockxie Australia: asicminer@swishbits.com
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Any exchanges back online with GME yet?
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Jaycar have a powered 10 port hub, it's only 3A though, anyone know of something better without having to import?
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Are Avalon chips even available?
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