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Author Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool  (Read 4373770 times)
toptek
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September 18, 2014, 10:12:55 PM
Last edit: September 18, 2014, 10:36:58 PM by toptek
 #18481

You all keep saying people won't shutdown some miners or w.e.    nobof not that's why you FORCE THEN TO.     Mostly these btc exchanges.   Its called DDOS, which means distributed denial of service,   with the ability to shutdown. Pools or exchanges for a few hours or days.  

Price is just dropping,  and the only real way to fix this is for some of these exchanges or pools to go offline for ahwile.  

But everyone likes to say people wontbturb them off, no nobody will, that's why u take it offline by force.... Just until price goes up a bit.



Either way.   STOCK MARKET people that's what this is like.


But what about the the big data centers and MS etc they won't shut them down and most of them from what I've  seen can solo mine the crap out of it  with  NP .

wont that  still make it go up all most as fast ?. most of them have access to stuff we as  normal users will never have . I don't want any GOV stepping in tell us how we can do it and can't do .

Maybe some one should form some kind of group to gov it all with very few limits. there has to be control center or will have to be  sooner later or it will get out hand worse then any thing . or get  very chosic without a  set plan in site.

one example is the recent bitcoins hack and the owner of that pool sent out a very heart felt email saying how sorry he was and is making it up to any one in that block and looking for ways to fix it, i know i got that email I was in that pool and still am .

but i do not want  any GOV what so ever getting control over bit coins , bit coins were never ever meant to have that kind of control over it . and i love my country  very much .
  

 and yea slashes pool  atm it doing nicely but i have also noticed not many of the other bitcoins pool  are either when this pool is not  so i go and mine alt coins they usually have a nice trade up during that time .

cya



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September 18, 2014, 10:41:10 PM
 #18482

9 blocks yesterday

8 so far for today and there is 1h30 to go...

Love Slush

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wasikidding
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September 18, 2014, 10:51:34 PM
 #18483

9 blocks yesterday

8 so far for today and there is 1h30 to go...

Love Slush
Only wish 3 th/s of my equipment hadn't popped a breaker while I was at work today lost out on 2/3 my hash for 3.5 blocks  Cry

BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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September 18, 2014, 11:03:17 PM
 #18484

9 blocks yesterday

8 so far for today and there is 1h30 to go...

Love Slush
Only wish 3 th/s of my equipment hadn't popped a breaker while I was at work today lost out on 2/3 my hash for 3.5 blocks  Cry

"3 th/s of my equipment hadn't popped a breaker" I'm sorry for you Wasikidding Sad
What miner(s) you got?

You will recover, we are at Slush lol

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September 18, 2014, 11:11:44 PM
 #18485

9 blocks yesterday

8 so far for today and there is 1h30 to go...

Love Slush
Only wish 3 th/s of my equipment hadn't popped a breaker while I was at work today lost out on 2/3 my hash for 3.5 blocks  Cry

"3 th/s of my equipment hadn't popped a breaker" I'm sorry for you Wasikidding Sad
What miner(s) you got?

You will recover, we are at Slush lol
it was 3 s3's and a cointerra the latter being the culprit im sure at least I got some as 2 s3's on a different breaker were fine

BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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September 19, 2014, 01:50:52 AM
 #18486

9 blocks yesterday

8 so far for today and there is 1h30 to go...

Love Slush
Only wish 3 th/s of my equipment hadn't popped a breaker while I was at work today lost out on 2/3 my hash for 3.5 blocks  Cry

I had a popped breaker last week from a power surge and lost almost 7 blocks, made me wanna cry so i feel your pain.

JT
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September 19, 2014, 05:04:22 AM
 #18487

almost half the hashpower of BTCguild and one more block than them for the day. seems pretty lucky here today

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
cris12821
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September 19, 2014, 01:21:56 PM
 #18488

Wow.     Another $50 down in btc price over night.  It should stop making us suffer and drop to 300 and stay there it something.  Yup we me have to deal with a low btc/$ for a long time now SadSad

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September 19, 2014, 01:24:52 PM
 #18489

End of the Game, it seems like it.

There are btc big farms dropping huge amount of btc and only few people buy, so price go down.

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September 19, 2014, 01:28:37 PM
 #18490

So it seems like.  These very greedy farms.   Like 1-5 big farms that are greedy are ruining it for EVERYONE else.    Unless the price goes back up within a month or 2.   It starting to feel like its the end.

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MykelSilver
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September 19, 2014, 01:29:39 PM
 #18491

As long as the price keeps above one Satoshi I keep mining.
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September 19, 2014, 01:30:59 PM
 #18492

As long as the price keeps above 1 Satoshi I'll mining.

Betta buy Btc^^

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September 19, 2014, 01:36:20 PM
 #18493

As long as the price keeps above 1 Satoshi I'll mining.

Betta buy Btc^^



I agree to.   There's always going to be profit just may not be as good as youbthink.


The way insee it is, the more warehouse farms that cone online the more the price dropss, the more it drops (in my opinion) the more the warehouse farms become a waste.

U may have like5ph/s farns and all.  But what's treuly the point of insane speeds when the price is dead low.

Its a damn good think were onnslushs pool.   Were awesome.

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September 19, 2014, 01:38:50 PM
 #18494

As long as the price keeps above 1 Satoshi I'll mining.

Betta buy Btc^^

Of course. Below a certain price level I start also buying. No doubt.
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September 19, 2014, 01:56:41 PM
 #18495

The way I see it, I am buying cheap bitcoins from my electric company.

Glad to see I'm not the only one mining for that same reason. Smiley
TradersWay.JC
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September 19, 2014, 02:29:23 PM
 #18496

$400 now  Sad

Will keep mining until the very end! Maybe even buy some if it gets very low.... The most we can lose is what we invest but there is unlimited potential for reward  Grin

Trader's Way - Forex & Binary Options Trading, Accepts Bitcoin - US Traders Accepted Smiley
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September 19, 2014, 02:34:45 PM
 #18497

$400 now  Sad

Will keep mining until the very end! Maybe even buy some if it gets very low.... The most we can lose is what we invest but there is unlimited potential for reward  Grin

Lol CAD $ more Smiley.  But barely.     Yes there a great amount of potential.     Me personally,  I believe btc can still reach the 1000s     you can't predict the stock market prices,  thus u can't predict the btc prices,  most we can do,  is estimate what it will be at and for how long.

I think though if it is at this price right now so low,   I don't see it going back up big anytime soon.. Atkeast for a month or so.


Oh well. We will see how it goes until the end up sept.  I'm afraid to buy btc in case u buy now and it never goes back up( though im almost certain that it will...inbtine)


Good luck everybody.

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September 19, 2014, 02:55:05 PM
 #18498

Years ago I started when bitcoins were just a joke to everyone. I made thousands of them with GPU's. I didn't know what to do with them at the time. The price went up and then dropped. I lost faith and turned off my rigs except one miner that I had forgot about. 4 months later it was shut down.  Forward 2+ years later, a coworker is telling me about bitcoins and how expensive they are. I did some goggling and found I was rather wealthy if my old wallet was still there. I booted my old computer that had the wallet on it and prayed for good luck. (never keep a wallet online) Keep in mind this system had been off for 2 years. After a day and 1/2 of updating the wallet the final number came in.

I have found that it has paid for more then a few things I have needed to get done around the house. My children look pretty good in their new clothes and college paid for. I don't pay for groceries out of my paycheck it is paid for by bitcoins...

All of these coins mined while it was NOT a good investment in electricity, hardware and time. Those early years I LOST many dollars to the electric company.

The end of bitcoin mining? HAHA, this is only the doorway to bigger things. If you are smart you will buy bitcoins anyway you can. Ride it down and buy it when it starts to go up. The fat pigs are doing you a favor with their panic selling.
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September 19, 2014, 03:20:21 PM
Last edit: September 19, 2014, 05:07:21 PM by Billbags
 #18499

Looks like BTC price dropped further due to China shocking the market by announcing that the PBoC will make available a Short-term Lending Facility of 500bil Yuan to the nation’s top banks. Stocks and currencies adjusted to the “stealth QE” measure with strong rallies. This almost immediately brought the S&P up and lowered BTC and Gold prices down.

The BTC price along with gold had alread dropped at a low due to the Fed’s five-year QE program(printing money/unjustly lowering interest rates to raise Stocks and Dollar value), markets resumed their usual direction after the FOMC statement. A mediocre Fed statement saw the Bitcoin price drop and produced the start of the week low and then stall until the China situation brought it lower.

UK is staying quiet about any serious monetary adjustments, it seems like unemployment is down there so their outlook isn't bad at the moment although that could change at any minute.

EDIT: You know we can do these same things with Bitcoin. No one has yet, not to the extreme it could be. It's just game theory. I read a paper the other day that showed a strategy using $250 million USD worth of BTC and there could actually be a shift in financial power overnight once the strategic move was made. After that move would be made the price of one bitcoin was unbelievable. I'll try to find it and put a link to it here.

Update: Funny thing was that paper was in the same format as the original Bitcoin White paper and was signed SN. I don't think Satoshi wrote it, but its inspired by his work.

I found it: http://bitcoinunion.wordpress.com/2014/08/24/bitcoin-swift-and-the-brics/

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September 19, 2014, 03:51:13 PM
 #18500

Never lose faith, never surrender Mining till the end.  Just time to put more of my mining budget into Scrypt.   Wink

JT
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