[4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool

[kkurtmann]

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.

It doesn't matter if there are large mining farms or just one slow miner, the same amount of BTC is produced.

[00pmac00]

This feels a lot like 2008 I believe it was (I haven't worked since 2009 I believe it was, retired). There are tons of panicky uneducated (or not used to the fluctuations , maybe not so uneducated as that could be taken the wrong way) people trading this coin, and are jumping ship. The issue will no doubt sort itself out in the long run, we just have to have all the nervous nancys slough their earnings while the people in it for the long haul (and used to market corrections and fluctuations, bitcoin being somewhat more unstable than your typical currency), will likely start doing some bargain hunting very soon. I keep debating what the floor is, check all the trading sites and see what sort of sell sizes are being offered and when they start showing regular amounts being up for sale and all the huge amounts are all bought up, then I will jump in for some free long term profit (still speculation, but at least its a plan to it, not some random number I pull out of a hat), but I'm holding off till I start seeing it stabilise then I will snatch some up. and save it for a rainy day, or some online retailer that takes it when value has rebounded somewhat.
I remember all the bargain hunting the experienced traders were doing 2-3 days after the crash. It was glorious for some stocks that really took a beating. 

[Jcga]

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.

It doesn't matter if there are large mining farms or just one slow miner, the same amount of BTC is produced.

Yes you are right, same amount of Btc produced, but if some big actors in farming sell huge amounts of btc this affect the market, a lot more yjen individuals miners,
we spend, we hold, we buy other currencies... they sell for business reasons.

[00pmac00]

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.

It doesn't matter if there are large mining farms or just one slow miner, the same amount of BTC is produced.

I believe he is saying that some large farms are dumping their mined earnings selling off their BTC therefore, dropping the price as "supply" is more than the "demand", making some of them drop their prices further to cash in/get whatever they can before it drops too much ("too much" can only be determined by the individual/company selling off)

[Jcga]

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.

It doesn't matter if there are large mining farms or just one slow miner, the same amount of BTC is produced.

I believe he is saying that some large farms are dumping their mined earnings selling off their BTC therefore, dropping the price as "supply" is more than the "demand", making some of them drop their prices further to cash in/get whatever they can before it drops too much ("too much" can only be determined by the individual/company selling off)

Yes 00pmac00, large fams large electricity bills too.

Would you spend today 500.000€ in Btc?

[00pmac00]

Personally, no not yet ...I think you are asking if I would invest 500Euro on BTC at todays prices? So to that, no not yet, but thats just me

[Billbags]

@Jcga

You need to find Slush over where you are at in France and tell him to get us some blocks solving. Tell him 10 Blocks a day and we will all by 2 Trezor's from his store.

Yes they are my next door neighbors,
cool guyz, they gave me a Trezor Safe wallet and i can fill it with fresh btcs at their Pool, Slush i bet guys never heard about it which is fine lol

Billbags, I did not know there was a relation between Trezor and Slush's pool?
Those 2 cool guys on the video don't sound like they are from France at all.

http://vimeo.com/66263948

They are not originally from France, they just live and operate the pool there now. He is from I assumed CZ(Prague?), but I could be wrong. I'll look it up and get back to you. EDIT: I BELIEVE THIS TO BE CORRECT.

https://bitcointalk.org/index.php?topic=122438.0

[Jcga]

@Jcga

You need to find Slush over where you are at in France and tell him to get us some blocks solving. Tell him 10 Blocks a day and we will all by 2 Trezor's from his store.

Yes they are my next door neighbors,
cool guyz, they gave me a Trezor Safe wallet and i can fill it with fresh btcs at their Pool, Slush i bet guys never heard about it which is fine lol

Billbags, I did not know there was a relation between Trezor and Slush's pool?
Those 2 cool guys on the video don't sound like they are from France at all.

http://vimeo.com/66263948

They are not originally from France, they just live and operate the pool there now. He is from I assumed CZ(Prague?), but I could be wrong. I'll look it up and get back to you. EDIT: I BELIEVE THIS TO BE CORRECT.

https://bitcointalk.org/index.php?topic=122438.0

Great thx for this info Billbags

Have a look at the photo of the Trezor with this msg :  I <3 Prague
http://satoshilabs.com/trezor/

.cz = République tchèque
If you do a Whois on "mining.bitcoin.cz" you get a tchek Czech adress.
I wonder what "french" is Slush lol
Only the location of the server.

Do they give away few Trezor Safe Wallets to nice miner like me and BillBags...

[bspurloc]

omg invalid 22817

now what OMG OMG!

[wasikidding]

omg invalid 22817

now what OMG OMG!

lol how far back is that block 13 months?

[mr.methane]

22817   2014-09-19 18:06:18   7:23:52   41759514350   50368   0.00003063   321549   25.08092204   69 confirmations left

[mr.methane]

Block #321549
Summary
Number Of Transactions   580
Output Total   3,201.96096946 BTC
Estimated Transaction Volume   1,375.72097133 BTC
Transaction Fees   0.08092204 BTC
Height   321549 (Main Chain)
Timestamp   2014-09-19 18:05:50
Received Time   2014-09-19 18:05:50
Relayed By   Slush
Difficulty   29829733124.04
Bits   405068777
Size   271.4384765625 KB
Version   2
Nonce   1932418626
Block Reward   25 BTC

[wasikidding]

22817   2014-09-19 18:06:18   7:23:52   41759514350   50368   0.00003063   321549   25.08092204   69 confirmations left

yeah sorry thought he was ref. block # not slush #

[Jcga]

I've got this msg from Slush

"You have reached the maximum attempt to... your Ip can be blacklisted" when i want to have a look at statistics page, or refresh it.

What did i do wrong^^

[Billbags]

^ I'm not sure but I would log completely out of Slushs site for 15 minutes, unplug your modem, plug modem back in and then log back in and see what happens. Check your computer and make sure there isn't anything running in the background that you are not aware of. It sounds like an IP address conflict.

[vipgelsi]

I'm not sure but I would log completely out of Slushs site for an hour and then log back in and see what happens.

That should do the trick this happened to me before.

[bspurloc]

Block #321549
Summary
Number Of Transactions   580
Output Total   3,201.96096946 BTC
Estimated Transaction Volume   1,375.72097133 BTC
Transaction Fees   0.08092204 BTC
Height   321549 (Main Chain)
Timestamp   2014-09-19 18:05:50
Received Time   2014-09-19 18:05:50
Relayed By   Slush
Difficulty   29829733124.04
Bits   405068777
Size   271.4384765625 KB
Version   2
Nonce   1932418626
Block Reward   25 BTC

Very odd it was showing as orphaned when I checked it.
ALTHOUGH it was really showing as NOT FOUND in blockchain. maybe it was behind and finally caught up!

[TvaiX]

Reward size is back and block solving duration is ok. Slush is the best!

[armstrong4140]

 I've got seven antminers that have been running great for hours. Now suddenly LOTS of rejects? Any Ideas or anyone else seeing this?

[Billbags]

What's your hashrate look like?