-

[grnbrg]

I've always wondered. do you have the signature in a notepad and just copy paste it in each time?

I type it, every time.  Started doing years ago in an RC forum that didn't do signatures.

My $.02.





grnbrg.

[1714193613]

1714193613

[1714193613]

1714193613

[1714193613]

1714193613

[1714193613]

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[1714193613]

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[grnbrg]

I'm all for spreading the hashrate as evenly as possible... and I'm also baffled that "withholding winning blocks" is even a thing. Is there a way to defend against that in code?

Directly, no. 

What the pool would have to do is send the suspected miner a work unit that is known to produce a block-winning hash and see if they report it.


grnbrg.

[LostDutchman]

I've always wondered. do you have the signature in a notepad and just copy paste it in each time?

I type it, every time.  Started doing years ago in an RC forum that didn't do signatures.

My $.02.





grnbrg.

grnbrg, you're stealing my stuff.

Stop it.

[grnbrg]

My $.02.

grnbrg, you're stealing my stuff.

Stop it.

grnbrg.

[LostDutchman]

My $.02.

grnbrg, you're stealing my stuff.

Stop it.

grnbrg.

Good one!

[bobfranklin]

@countduckula:  Brewer's yeast has a similar take on success.  Given a limitless amount of sugar, It eats it and multiplies as fast as it can...
...while shitting ethanol, which inevitably kills it, giving us delicious booze.
I hope the Bitcoin community is smarter than yeast.

As a brewer I will confirm. Also Booze as grnbrg said.

I would have hoped in the self governing world that is BTC it would have remained altruistic enough to stop this sort of thing happening but I can see the allure to "more coins same effort" which appears to the case.

In brewers terms "cut malts add sugars same ABV = Profit."

[mmmerlin]

^Nothing to worry about.  OTHERS will pull out of ghash.io while he profits.
http://en.wikipedia.org/wiki/Prisoner's_dilemma

^ Sadly not the case:
http://en.wikipedia.org/wiki/Tragedy_of_the_commons

[btcrealm]

......

and I'm also baffled that "withholding winning blocks" is even a thing. Is there a way to defend against that in code?

Yes, Eleuthria and WK/Luke-Jr have implemented checks that alert them when there is a suspicious miner.

But this is only detection, not prevention. So a game of cat and mouse will ensue, in which they create new users and try to get away with it for as long as they can.

Agreed, this isn't prevention.  Not sure how the system would send a suspicious miner a solvable block (unless already received and immediately sending to all suspect parties).

@countduckula:  Brewer's yeast has a similar take on success.  Given a limitless amount of sugar, It eats it and multiplies as fast as it can...
...while shitting ethanol, which inevitably kills it, giving us delicious booze.
I hope the Bitcoin community is smarter than yeast.

As a brewer I will confirm. Also Booze as grnbrg said.

I would have hoped in the self governing world that is BTC it would have remained altruistic enough to stop this sort of thing happening but I can see the allure to "more coins same effort" which appears to the case.

In brewers terms "cut malts add sugars same ABV = Profit."

When the reward becomes small enough I think a lot of the big "investors" will probably pull out.  We just have to survive that long, lol.
I will probably continue to mine forever as it is part of the distribution of the chain.

[btcrealm]

The idea behind the withholding of blocks is that if you have close to 50% of the market the chances are every 20 minutes you will have a solved block (yes there is variance but stay with me).  If you put hashing into other major pools, enough to make a difference, and can find enough blocks but withhold them then you can solve that "10 minute" block in under 20 minutes.  Giving you an overall ratio of more like 18 minutes for solves.

This does two things.  
  First that pool appears more "lucky" and is able to increase its ability to do this as people flock to the "lucky" pool.  
  Second this makes the overall difficulty appear lower as it is taking more than the 10 minutes to solve many of the blocks.  The network doesn't care about the hashing power, it auto adjusts based on the frequency of block solves.  This happens to be directly tied to the hashing power as long as everyone is being honest.

[goddardnet]

Dividends have been sent out.

Mined	Per Contract
5.79241206	0.00003284
Bonus	Bonus Per Contract
18.5	0.00016513

grnbrg.

Edit: Contracts, not bonds.

As BFL monarchs are due to be shipped soon(ish!) - relatively speaking and judging by the 'snippet' videos of BFL Monarchs running at box standard 600GH/s (0.002BTC per hour) these should produce 0.000006BTC per contract at current difficulty (someone check my math)?

Do we know how many Monarchs were ordered and plans to run either at 600GH/s or faster given the current problems with current draw and associated heat - warranty allegedly allows up to 1.2/1.4TH/s? - (Cue usual discussion BFL, delivery, promises, .....)

GoddardNet

BFL_Josh has indicated that their Cloud mining operation should be going live today/tomorrow???

"Right now, the plan is to allocate 600 GH/s to each user for each card ordered. If you ordered 1 card, you'll get 600 GH/s, if you ordered 2 cards, 1.2 TH/s, etc... "


Are we in the queue to start hashing once you have pointed at the right pool???

[btcrealm]

BFL_Josh has indicated that their Cloud mining operation should be going live today/tomorrow???

"Right now, the plan is to allocate 600 GH/s to each user for each card ordered. If you ordered 1 card, you'll get 600 GH/s, if you ordered 2 cards, 1.2 TH/s, etc... "


Are we in the queue to start hashing once you have pointed at the right pool???

I am an Aug 19 order holder, I can update when I receive an email about it.  It will all depend on when LRM got into the queue for them.  I am thinking we are early but I don't know LRM order dates.

[fractal02]

BFL_Josh has indicated that their Cloud mining operation should be going live today/tomorrow???

"Right now, the plan is to allocate 600 GH/s to each user for each card ordered. If you ordered 1 card, you'll get 600 GH/s, if you ordered 2 cards, 1.2 TH/s, etc... "


Are we in the queue to start hashing once you have pointed at the right pool???

I am an Aug 19 order holder, I can update when I receive an email about it.  It will all depend on when LRM got into the queue for them.  I am thinking we are early but I don't know LRM order dates.

Yep, if you can let us know, that would be cool  

[SimonBelmond]

Dividends have been sent out.

Mined	Per Contract
5.79241206	0.00003284
Bonus	Bonus Per Contract
18.5	0.00016513

grnbrg.

Edit: Contracts, not bonds.

As BFL monarchs are due to be shipped soon(ish!) - relatively speaking and judging by the 'snippet' videos of BFL Monarchs running at box standard 600GH/s (0.002BTC per hour) these should produce 0.000006BTC per contract at current difficulty (someone check my math)?

Do we know how many Monarchs were ordered and plans to run either at 600GH/s or faster given the current problems with current draw and associated heat - warranty allegedly allows up to 1.2/1.4TH/s? - (Cue usual discussion BFL, delivery, promises, .....)

GoddardNet

BFL_Josh has indicated that their Cloud mining operation should be going live today/tomorrow???

"Right now, the plan is to allocate 600 GH/s to each user for each card ordered. If you ordered 1 card, you'll get 600 GH/s, if you ordered 2 cards, 1.2 TH/s, etc... "


Are we in the queue to start hashing once you have pointed at the right pool???

Zarlan made a statment. It tells us one thing for sure: It is going to take at least another two weeks!

[grnbrg]

BFL_Josh has indicated that their Cloud mining operation should be going live today/tomorrow???

"Right now, the plan is to allocate 600 GH/s to each user for each card ordered. If you ordered 1 card, you'll get 600 GH/s, if you ordered 2 cards, 1.2 TH/s, etc... "


Are we in the queue to start hashing once you have pointed at the right pool???

Zach says he's been pestering BFL on this, but no substantial info yet.  Business as usual for BFL. :/

It is going to take at least another two weeks!

I was thinking it, but wasn't going to say it.  This time, anyway. 



grnbrg.

[Lab_Rat]

Dividends have been sent out.

Mined	Per Contract
5.79241206	0.00003284
Bonus	Bonus Per Contract
18.5	0.00016513

grnbrg.

Edit: Contracts, not bonds.

As BFL monarchs are due to be shipped soon(ish!) - relatively speaking and judging by the 'snippet' videos of BFL Monarchs running at box standard 600GH/s (0.002BTC per hour) these should produce 0.000006BTC per contract at current difficulty (someone check my math)?

Do we know how many Monarchs were ordered and plans to run either at 600GH/s or faster given the current problems with current draw and associated heat - warranty allegedly allows up to 1.2/1.4TH/s? - (Cue usual discussion BFL, delivery, promises, .....)

GoddardNet

BFL_Josh has indicated that their Cloud mining operation should be going live today/tomorrow???

"Right now, the plan is to allocate 600 GH/s to each user for each card ordered. If you ordered 1 card, you'll get 600 GH/s, if you ordered 2 cards, 1.2 TH/s, etc... "


Are we in the queue to start hashing once you have pointed at the right pool???

Zarlan made a statment. It tells us one thing for sure: It is going to take at least another two weeks!

This is probably more accurate than his statement.

I will let everyone know if I hear anything, but as far as I've heard we're close to the cutoff.  We can just hope it's on the right side of it.

[btcrealm]

Zarlan made a statment. It tells us one thing for sure: It is going to take at least another two weeks!

This is probably more accurate than his statement.

I will let everyone know if I hear anything, but as far as I've heard we're close to the cutoff.  We can just hope it's on the right side of it.

Yeah, that's what I've been wondering about.  I don't know how many first day orders there were but there's implications that there were quite a few.

I will assume as you are still waiting on orders from BFL that you took the Imp upgrade and the free Monarch at the end of the queue.  Don't need to know numbers just looking for confirmation on that fact.

Thanks
BTCRealm

BTW how are your injuries healing up?  Haven't heard an update on that.

[Lab_Rat]

Zarlan made a statment. It tells us one thing for sure: It is going to take at least another two weeks!

This is probably more accurate than his statement.

I will let everyone know if I hear anything, but as far as I've heard we're close to the cutoff.  We can just hope it's on the right side of it.

Yeah, that's what I've been wondering about.  I don't know how many first day orders there were but there's implications that there were quite a few.

I will assume as you are still waiting on orders from BFL that you took the Imp upgrade and the free Monarch at the end of the queue.  Don't need to know numbers just looking for confirmation on that fact.

Thanks
BTCRealm

BTW how are your injuries healing up?  Haven't heard an update on that.

I did take the upgrade a while back but I'm not sure it was the smartest idea.  With the circumstances at the time I should've known with BFL the offer was too good to be true and we'd be waiting plenty more months to actually receive it.

I have a side project I'm working on right now that would over double our weekly yield with minimal funds needing raised.  More details within 2 weeks TM... hahaha

Bruising is gone, but I keep re-injuring my thumb because I refuse to wear a splint.  It interferes with work.

[fractal02]

I did take the upgrade a while back but I'm not sure it was the smartest idea.  With the circumstances at the time I should've known with BFL the offer was too good to be true and we'd be waiting plenty more months to actually receive it.

I have a side project I'm working on right now that would over double our weekly yield with minimal funds needing raised.  More details within 2 weeks TM... hahaha

Bruising is gone, but I keep re-injuring my thumb because I refuse to wear a splint.  It interferes with work.

Great, can't wait to see the side project details.

Any news for the trading aspect?
Gnrbrg make a good work and help us but LRM in the futur, need fresh money for reinvestment(and we need to sell or buy more easily )

[daemonfox]

Zarlan made a statment. It tells us one thing for sure: It is going to take at least another two weeks!

This is probably more accurate than his statement.

I will let everyone know if I hear anything, but as far as I've heard we're close to the cutoff.  We can just hope it's on the right side of it.

Yeah, that's what I've been wondering about.  I don't know how many first day orders there were but there's implications that there were quite a few.

I will assume as you are still waiting on orders from BFL that you took the Imp upgrade and the free Monarch at the end of the queue.  Don't need to know numbers just looking for confirmation on that fact.

Thanks
BTCRealm

BTW how are your injuries healing up?  Haven't heard an update on that.

I did take the upgrade a while back but I'm not sure it was the smartest idea.  With the circumstances at the time I should've known with BFL the offer was too good to be true and we'd be waiting plenty more months to actually receive it.

I have a side project I'm working on right now that would over double our weekly yield with minimal funds needing raised.  More details within 2 weeks TM... hahaha

Bruising is gone, but I keep re-injuring my thumb because I refuse to wear a splint.  It interferes with work.

You need a real minion already...

[Lab_Rat]

Well... I know for a fact this week was lucky as we generated far more coins than my calculator shows we should have, but that doesn't explain last weeks weird luck for ghash and no one else...

Either way I think everyone will be much happier with this weeks payout.

Mined: BTC4.33859987
Per Contract: BTC0.00002460

Bonus: BTC20.32805946
Bonus Per Contract: BTC0.00018145

Total Per Contract: BTC0.00020605