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Author Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool  (Read 4343120 times)
00pmac00
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September 19, 2014, 06:39:36 PM
 #18521

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.  Grin
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Jcga
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September 19, 2014, 06:42:20 PM
 #18522

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.
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September 19, 2014, 06:44:18 PM
 #18523

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)
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September 19, 2014, 06:52:31 PM
 #18524

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?
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September 19, 2014, 06:55:29 PM
 #18525

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
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September 19, 2014, 07:22:43 PM
 #18526

@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

Listen: meat beat manifesto ~ Edge of no control (pt.1)
Read:"He who controls the past controls the future. He who controls the present controls the past." ~ George Orwell
Think: http://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
Jcga
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September 19, 2014, 08:24:23 PM
 #18527

@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 Smiley

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
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September 19, 2014, 09:30:32 PM
 #18528

omg invalid 22817

now what OMG OMG!
wasikidding
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September 19, 2014, 09:45:58 PM
 #18529

omg invalid 22817

now what OMG OMG!
lol how far back is that block 13 months? Tongue

BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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September 19, 2014, 09:49:13 PM
 #18530

22817   2014-09-19 18:06:18   7:23:52   41759514350   50368   0.00003063   321549   25.08092204   69 confirmations left
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September 19, 2014, 09:55:45 PM
 #18531

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
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September 19, 2014, 10:15:30 PM
 #18532

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 # Undecided

BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
Jcga
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September 19, 2014, 10:39:29 PM
 #18533

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
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September 19, 2014, 10:55:18 PM
 #18534

^ 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.

Listen: meat beat manifesto ~ Edge of no control (pt.1)
Read:"He who controls the past controls the future. He who controls the present controls the past." ~ George Orwell
Think: http://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
vipgelsi
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September 19, 2014, 10:58:49 PM
 #18535

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
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September 20, 2014, 05:54:40 AM
 #18536

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
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September 20, 2014, 07:07:55 AM
 #18537

Reward size is back and block solving duration is ok. Slush is the best! Smiley
armstrong4140
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September 20, 2014, 07:29:12 AM
 #18538

 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
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September 20, 2014, 07:35:31 AM
 #18539

What's your hashrate look like?

Listen: meat beat manifesto ~ Edge of no control (pt.1)
Read:"He who controls the past controls the future. He who controls the present controls the past." ~ George Orwell
Think: http://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
armstrong4140
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September 20, 2014, 07:44:20 AM
 #18540

 It's showing about a 30% drop in the reported hashrate. Maybe my internet connection? I'm in the states.
(tried a reboot on all machines) The estimated reward for the round has dropped about 33% as well.
EDIT: everything's back to normal. NVM
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