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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Fcx35x10
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December 01, 2012, 03:57:18 AM
Last edit: December 01, 2012, 05:17:14 AM by Fcx35x10 |
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meme.. they are everywhere  What is a meme?
for some reason i think he's lying |
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Bogart
Legendary
 Offline
Activity: 966
Merit: 1000
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December 01, 2012, 04:17:33 AM |
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meme.. they are everywhere I hate those guys. I usually leave them trapped in their box when I encounter one. |
"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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Jack1Rip1BurnIt
Sr. Member
Offline
Activity: 350
Merit: 250
Trust me, these default swaps will limit the risks
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December 01, 2012, 06:55:09 PM |
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meme.. they are everywhere What is a meme?
for some reason i think he's lying Nah, I wasn't lying when I was asking what it was. Shortly after my last post I Googled it and figured it out. |
Successful trades with bels, misterbigg, ChrisNelson, shackleford, geniusboy91, and Isokivi.
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ewibit
Legendary
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Activity: 2955
Merit: 1049
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December 01, 2012, 07:00:19 PM
Last edit: December 01, 2012, 07:57:08 PM by ewibit |
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I believe none of the ASIC producers will shipping before mid Jan... only IMHO  |
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creativex
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December 01, 2012, 07:36:27 PM |
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Well if that's the case(and it looks that way atm), then that's a win for customers of Avalon & bASIC, as well as investors of ASICMiner. ROI for the smaller ASIC vendors' customers would have been significantly lengthened if BFL had been able to get several TH of ASICs into miner's hands before the end of 2012.
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peasant
Sr. Member
Offline
Activity: 272
Merit: 250
Cryptopreneur
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December 02, 2012, 12:47:10 AM |
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Well someone is hashing, cus that hashrate is growing way too fast for no asics to be online. That's why i'm out. People are getting strung along while a few individuals are making mad coin. Don't know who it is but something is fishy. Lets see how things look in a few months.
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abeaulieu
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December 02, 2012, 01:51:34 AM |
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Well someone is hashing, cus that hashrate is growing way too fast for no asics to be online. That's why i'm out. People are getting strung along while a few individuals are making mad coin. Don't know who it is but something is fishy. Lets see how things look in a few months.
FPGAs are still coming online consistently and price per BTC has been going up in the recent past so people were not shutting down. Also, in my climate (US) things are getting cold, which means cooling mining machines are much easier and actually produce useful heat. If you still believe something is fishy it shouldn't too difficult to target where the increase in hashrate is. I think bitcoin mining is transparent enough that you should be able to detect an anomaly if it's there. |
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PuertoLibre
Legendary
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Activity: 1834
Merit: 1003
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December 02, 2012, 01:58:20 AM
Last edit: December 02, 2012, 02:12:35 AM by PuertoLibre |
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Well someone is hashing, cus that hashrate is growing way too fast for no asics to be online. That's why i'm out. People are getting strung along while a few individuals are making mad coin. Don't know who it is but something is fishy. Lets see how things look in a few months.
FPGAs are still coming online consistently and price per BTC has been going up in the recent past so people were not shutting down. Also, in my climate (US) things are getting cold, which means cooling mining machines are much easier and actually produce useful heat. If you still believe something is fishy it shouldn't too difficult to target where the increase in hashrate is. I think bitcoin mining is transparent enough that you should be able to detect an anomaly if it's there. Well, either BTC is increasing in value, or the Dollar is decreasing in value and is being inflated.  |
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crazyates
Legendary
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Activity: 952
Merit: 1000
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December 02, 2012, 04:16:19 AM |
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Well someone is hashing, cus that hashrate is growing way too fast for no asics to be online. That's why i'm out. People are getting strung along while a few individuals are making mad coin. Don't know who it is but something is fishy. Lets see how things look in a few months.
Dafuq? You've been "seeing" ASICs in the network growth rate for months now! How about pointing me to the charts where you see these ASICs? Well I got a chart of my own, so lets look:  Hmm, the 3day average was the same as it was a week ago. Weird. What's that? You think they've been online for a while? Lets look further:  Again, the network is still only <10% larger than it was 2 months ago. I see no proof of ASICs anywhere. |
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dserrano5
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Activity: 1974
Merit: 1029
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December 02, 2012, 08:40:03 AM |
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Moreover, if someone with an ASIC wanted to mine without revealing they're working with an ASIC, they would wait say 8 minutes since the last block was found. In many cases they would pocket the 25 BTC without increasing the overall hash rate that much.
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dust
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December 02, 2012, 08:47:52 AM |
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Moreover, if someone with an ASIC wanted to mine without revealing they're working with an ASIC, they would wait say 8 minutes since the last block was found. In many cases they would pocket the 25 BTC without increasing the overall hash rate that much.
This would not work. The "network hashrate" that is reported by various sites is just an estimate determined purely by the difficulty and the frequency of recent blocks. Selectively mining would still increase this estimate. |
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Unacceptable
Legendary
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Activity: 2212
Merit: 1001
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December 02, 2012, 10:41:35 AM |
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meme.. they are everywhere What is a meme?
for some reason i think he's lying Nah, I wasn't lying when I was asking what it was. Shortly after my last post I Googled it and figured it out.  |
"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole." -Raylan Givens Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan  |
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hausmarke
Newbie
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Activity: 55
Merit: 0
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December 02, 2012, 10:56:53 AM |
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DobZombie
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December 02, 2012, 01:28:30 PM |
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I SMELL COLLUSION
Sorry, had curry for tea.  |
Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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dserrano5
Legendary
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Activity: 1974
Merit: 1029
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December 02, 2012, 03:40:57 PM |
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Moreover, if someone with an ASIC wanted to mine without revealing they're working with an ASIC, they would wait say 8 minutes since the last block was found. In many cases they would pocket the 25 BTC without increasing the overall hash rate that much.
This would not work. The "network hashrate" that is reported by various sites is just an estimate determined purely by the difficulty and the frequency of recent blocks. Selectively mining would still increase this estimate. Of course the hash rate would increase, since there would no longer be >15 minutes blocks. But it would be a modest increasing and it could be sensibly attributed to variance. |
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fcmatt
Legendary
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Activity: 2072
Merit: 1001
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December 02, 2012, 05:51:05 PM |
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If someone is mining with asic would you not have to partly hand build things bringing one or two units online every few days?
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Unacceptable
Legendary
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Activity: 2212
Merit: 1001
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December 03, 2012, 04:17:26 AM |
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"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole." -Raylan Givens Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan |
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Frequency
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December 03, 2012, 08:03:03 AM |
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 Everyone who,s waiting for there device and don,t have a fpga/gpu farm@the moment is MISSING or missed a lot of BTC making due to the crapy forward pushing delays.. Will there be some compensation or will the companies just have the right to scream a lot of information and yet not deliver. I find it unbelieveble that 4 or 5 different companies who claim using there own specific fabricage hasn,t deliverd only 1 working chip thats for real.. blowing the competition away easely..but only words and disrespectfull trolling each other treads for months now gives me the thinking..could it be the worst thing that is about to happen in Bitcoin land so far  the hardware fraud I hope not but haven,t we had hoped things before that went terribly wrong Lets just wait another few weeks untill BFL will ship before Christmas, if not i will hoard as many gpu,s as i can... 
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COINDER
COINDER
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loshia
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Activity: 1610
Merit: 1000
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December 03, 2012, 08:30:53 AM |
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Lets just wait another few weeks untill BFL will ship before Christmas, if not i will hoard as many gpu,s as i can... Do you still believe in "Santa Claus"?  Who knows people say that miracles still happen by Christmas time.... |
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