Bitcoin Forum
December 09, 2016, 12:10:05 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 [377] 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 »
  Print  
Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 829283 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
aztecminer
Legendary
*
Offline Offline

Activity: 938



View Profile
July 25, 2014, 02:17:34 PM
 #7521

It's time to cheer up and keep mining. It's always the darkest just before the dawn. The pool has been doing fine lately(look at posts from 2011, they could barely keep the pool online) and I'm sure things will work out with this New York thing. This is a pool not a bank, so hopefully the final laws will be specifically for banks/exchanges.

Bolded the part that I hope is how the regulation ends up.  It's clear by the way its written that the target business types are services that convert fiat/virtual currency and places that are being advertised as a way to store and spend virtual currencies with a third party.  That's exactly the type of business the NYDFS was designed to regulate.

I know most believe I'm over-reacting, but those who have gotten to know me over the last few years have probably picked up on the fact that I'm extremely conservative when it comes to business and finances, a stark contrast to the general Bitcoin public.  Given the choice of closing the pool down gracefully with everybody getting what they're owed, or leaving it online and risking everything I've earned to date due to a clearly overreaching regulatory body, I will take the approach that doesn't involve risk.  Not to mention everything owed to users, which would be at risk as well.


here is what happened when new york started telling everyone that if they had more than a weeks worth of food and supplies they could be considered criminals .... the state of arizona passed a new law a few weeks later: http://www.wnd.com/2014/04/no-help-coming-state-prepping-citizens-for-emp-attack/  .. in other words in arizona if we have more than a weeks worth of food and supplies then we are a more responsible citizen to be prepared for an emp attack which would be a time that the arizona govt admits they wouldn't be able to help everyone. just because new york does something doesnt mean the rest of the country is going to follow them.. actually is the opposite, new york is example of everything that is done wrong.

Second Edition Volume One coming soon! Of the Andromeda Martian Catastrophe
1481242205
Hero Member
*
Offline Offline

Posts: 1481242205

View Profile Personal Message (Offline)

Ignore
1481242205
Reply with quote  #2

1481242205
Report to moderator
1481242205
Hero Member
*
Offline Offline

Posts: 1481242205

View Profile Personal Message (Offline)

Ignore
1481242205
Reply with quote  #2

1481242205
Report to moderator
1481242205
Hero Member
*
Offline Offline

Posts: 1481242205

View Profile Personal Message (Offline)

Ignore
1481242205
Reply with quote  #2

1481242205
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481242205
Hero Member
*
Offline Offline

Posts: 1481242205

View Profile Personal Message (Offline)

Ignore
1481242205
Reply with quote  #2

1481242205
Report to moderator
1481242205
Hero Member
*
Offline Offline

Posts: 1481242205

View Profile Personal Message (Offline)

Ignore
1481242205
Reply with quote  #2

1481242205
Report to moderator
faetos
Hero Member
*****
Offline Offline

Activity: 550

gotta let a coin be a coin


View Profile
July 26, 2014, 03:43:46 AM
 #7522

Quote from: Wikipedia
The Greek word ἐλευθερία (pronunciation: [elefθeˈria]), commonly transliterated in English as eleutheria or phonetically spelled eleftheria, is an ancient and modern Greek term for, and personification of, liberty. http://en.wikipedia.org/wiki/Eleutheria
I made this mistake with his name myself 2 years ago and I thought he might be Greek. Look harder at his handle, you'll see it isn't eleutheria.

Oddly enough, the Eleuthria / Eleutheria connection is something I was completely unaware of until a few years ago when somebody asked me about it in #btcguild.  I don't think ckolivas was the first to ask, but it's possible.  The Eleuthria name was something I made up in high school.  I learned C & C++ programming basics by working on MUDs in middle school and high school.  Eleuthria was a name I came up with for one of the games.  For a swords & sorcery fantasy title, generally more vowels = better, and that's where "Eleuthria" came from.  Pronunciation being 'Eee-loo-three-uh' or 'El-oo-three-uh' (it's shifted over the years).

It wasn't my primary handle on the internet though, I'm not quite sure why I used it for Bitcoin.  Had I known I would end up making BTC Guild, I probably would've picked one that wasn't feminine!
Amazing how our handles all get about. Mine came from a bunch of drunken band members saying "fetus" over and over (no idea why) and when I had to pick a handle I misspelled it in all my genius and ended up with faetos. Oh well. Smiley I really hope things work out ok for the guild. It'd be a shame to see an institution like this get shuttered due to poorly written NY laws. Here in Texas we could care less what they do much less what the federal govt does or says Smiley
Tripjammer
Sr. Member
****
Offline Offline

Activity: 366


View Profile
July 26, 2014, 04:16:54 AM
 #7523

Just move the pool out of New York...move it to Texas or Washington or Oregon. NY is just one state, they cant set the laws for crypto for the whole world. Only the people in NY will be screwed.

██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
RISE
Billbags
Sr. Member
****
Offline Offline

Activity: 280

Brainwashed this way


View Profile
July 26, 2014, 04:47:37 AM
 #7524

He's already in another state. He's worried about other states including his following New York's actions. I think also New York could try to file on him for doing business with Miners from New York. He's seems to be a real good hearted guy and is worried about doing the right thing for people who mine on his pool and leave behind a good legacy of BTC Guild if he is forced to shut down.

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
MoreBloodWine
Hero Member
*****
Offline Offline

Activity: 924


I rule with an iron fist !


View Profile WWW
July 26, 2014, 06:03:26 AM
 #7525

I'm kinda curious if the hash were losing has to do with all this NYC talk here.

9.3x PH as of this post.

Want a chance at winning some BTC, LTC or another crypto currency ?
Then be sure to check out our Weekly Crypto Lotteries: Crypto Lottos

-ck
Moderator
Legendary
*
Offline Offline

Activity: 2002


Ruu \o/


View Profile WWW
July 26, 2014, 06:06:22 AM
 #7526

Quote from: Wikipedia
The Greek word ἐλευθερία (pronunciation: [elefθeˈria]), commonly transliterated in English as eleutheria or phonetically spelled eleftheria, is an ancient and modern Greek term for, and personification of, liberty. http://en.wikipedia.org/wiki/Eleutheria
I made this mistake with his name myself 2 years ago and I thought he might be Greek. Look harder at his handle, you'll see it isn't eleutheria.

Oddly enough, the Eleuthria / Eleutheria connection is something I was completely unaware of until a few years ago when somebody asked me about it in #btcguild.  I don't think ckolivas was the first to ask, but it's possible.  The Eleuthria name was something I made up in high school.  I learned C & C++ programming basics by working on MUDs in middle school and high school.  Eleuthria was a name I came up with for one of the games.  For a swords & sorcery fantasy title, generally more vowels = better, and that's where "Eleuthria" came from.  Pronunciation being 'Eee-loo-three-uh' or 'El-oo-three-uh' (it's shifted over the years).

It wasn't my primary handle on the internet though, I'm not quite sure why I used it for Bitcoin.  Had I known I would end up making BTC Guild, I probably would've picked one that wasn't feminine!
Amazing how our handles all get about. Mine came from a bunch of drunken band members saying "fetus" over and over (no idea why) and when I had to pick a handle I misspelled it in all my genius and ended up with faetos. Oh well. Smiley
Perhaps that helps explain why I used my real name on these forums rather than my regular IRC handle of "conman"... look around, there's enough competition for the real use of that title on bitcointalk...

Primary developer/maintainer for cgminer and ckpool/ckproxy.
Pooled mine at kano.is, solo mine at solo.ckpool.org
-ck
Sitarow
Legendary
*
Offline Offline

Activity: 1624



View Profile
July 26, 2014, 08:27:05 AM
 #7527

Quote from: Wikipedia
The Greek word ἐλευθερία (pronunciation: [elefθeˈria]), commonly transliterated in English as eleutheria or phonetically spelled eleftheria, is an ancient and modern Greek term for, and personification of, liberty. http://en.wikipedia.org/wiki/Eleutheria
I made this mistake with his name myself 2 years ago and I thought he might be Greek. Look harder at his handle, you'll see it isn't eleutheria.

Oddly enough, the Eleuthria / Eleutheria connection is something I was completely unaware of until a few years ago when somebody asked me about it in #btcguild.  I don't think ckolivas was the first to ask, but it's possible.  The Eleuthria name was something I made up in high school.  I learned C & C++ programming basics by working on MUDs in middle school and high school.  Eleuthria was a name I came up with for one of the games.  For a swords & sorcery fantasy title, generally more vowels = better, and that's where "Eleuthria" came from.  Pronunciation being 'Eee-loo-three-uh' or 'El-oo-three-uh' (it's shifted over the years).

It wasn't my primary handle on the internet though, I'm not quite sure why I used it for Bitcoin.  Had I known I would end up making BTC Guild, I probably would've picked one that wasn't feminine!
Amazing how our handles all get about. Mine came from a bunch of drunken band members saying "fetus" over and over (no idea why) and when I had to pick a handle I misspelled it in all my genius and ended up with faetos. Oh well. Smiley
Perhaps that helps explain why I used my real name on these forums rather than my regular IRC handle of "conman"... look around, there's enough competition for the real use of that title on bitcointalk...

stevegee58
Hero Member
*****
Offline Offline

Activity: 783



View Profile
July 26, 2014, 10:35:18 AM
 #7528

Just move the pool out of New York...move it to Texas or Washington or Oregon. NY is just one state, they cant set the laws for crypto for the whole world. Only the people in NY will be screwed.

Already answered:
https://bitcointalk.org/index.php?topic=49417.msg7901141#msg7901141

You are in a maze of twisty little passages, all alike.
hurricandave
Legendary
*
Offline Offline

Activity: 868



View Profile
July 26, 2014, 11:21:15 AM
 #7529

When online sports betting was legalized, a system was put into place that restricted and denied service to certain states that already had laws against it. I doubt that is open source, but a look at how that was done and where the specific details of which/how IP servers to block could hold some merit. NYC has its BitCoin Center and if the people there don't want to find their business isolated from the rest of the country, they had better get to work stripping the teeth out of the proposal or kiss their millions goodbye.
mtnminer
Sr. Member
****
Offline Offline

Activity: 266


View Profile WWW
July 26, 2014, 02:27:26 PM
 #7530

Hello eleuthria, I appreciate you operating BTC Guild and it has been a great pool, that has always paid out well, just as it should.  You are honest and trusty worthy, which has been hard to find.

I as others posted here see the pool numbers declining, I assume this is from miners leaving in pool in anticipation of it shutting down.  I have looked and do not see another pool that I desire to or feel comfortable moving too!  So I have decided, as you and your pool have served me well for a long time now, I am going to ride this out with you. 

I hope you do not have to close the pool. If you do have to close, I trust as you said will give us a notice, that we must move within a certain amount of time.

Thank you
Mtnminer

New Bitcoin and Altcoin Gaming Site.
Blackjack and Wheelspin, more on the way
http://CryptoPit.com
jammers
Sr. Member
****
Offline Offline

Activity: 240

Is maith liom bitcoin


View Profile WWW
July 26, 2014, 06:20:45 PM
 #7531

Hi

I've tried a few of the pools and found btc guild to be great and with the best uptime. I'm also seeing the THs drop, but this has gone from 7000 when i started mining a couple of months ago, up to a peak of 12500 a little while ago and then back down to 9040 this evening, and the share on blockchain drop down to 5% today.

I'm also keen to find out what the plans are, as I'm only a hobby miner.

cheers

Jamie from Ireland

MoreBloodWine
Hero Member
*****
Offline Offline

Activity: 924


I rule with an iron fist !


View Profile WWW
July 27, 2014, 12:41:31 AM
 #7532

I know this fluctuates a lot but DAMN...

Nice drop from what it was last night.

Pool Speed 8,356 TH/s

Seems everyones taken to the hills with the NYC shit being tossed around lol

Want a chance at winning some BTC, LTC or another crypto currency ?
Then be sure to check out our Weekly Crypto Lotteries: Crypto Lottos

eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
July 27, 2014, 01:24:57 AM
 #7533

I know this fluctuates a lot but DAMN...

Nice drop from what it was last night.

Pool Speed 8,356 TH/s

Seems everyones taken to the hills with the NYC shit being tossed around lol

I'm thinking it's something else.  The NYC post was put on the website 6 days ago.  We didn't see any change in speed at all until yesterday.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
MoreBloodWine
Hero Member
*****
Offline Offline

Activity: 924


I rule with an iron fist !


View Profile WWW
July 27, 2014, 01:29:38 AM
 #7534

I know this fluctuates a lot but DAMN...

Nice drop from what it was last night.

Pool Speed 8,356 TH/s

Seems everyones taken to the hills with the NYC shit being tossed around lol

I'm thinking it's something else.  The NYC post was put on the website 6 days ago.  We didn't see any change in speed at all until yesterday.
Well yesterday I saw it at mid 9k's, just now it's back around 8.6k's

Still weird though with whats been "lost" the past two days... never seen movement like this before.

Want a chance at winning some BTC, LTC or another crypto currency ?
Then be sure to check out our Weekly Crypto Lotteries: Crypto Lottos

xstr8guy
Hero Member
*****
Offline Offline

Activity: 784


Glow Stick Dance!


View Profile
July 27, 2014, 02:30:51 AM
 #7535

Has anyone been keeping an eye on DiscusFish's hashrate? They sure are finding a lot of blocks. I wonder if miners aren't migrating there because they're using PPS.
MoreBloodWine
Hero Member
*****
Offline Offline

Activity: 924


I rule with an iron fist !


View Profile WWW
July 27, 2014, 02:31:44 AM
 #7536

Has anyone been keeping an eye on DiscusFish's hashrate? They sure are finding a lot of blocks. I wonder if miners aren't migrating there because they're using PPS.
Who knows...

Want a chance at winning some BTC, LTC or another crypto currency ?
Then be sure to check out our Weekly Crypto Lotteries: Crypto Lottos

eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
July 27, 2014, 02:35:25 AM
 #7537

Has anyone been keeping an eye on DiscusFish's hashrate? They sure are finding a lot of blocks. I wonder if miners aren't migrating there because they're using PPS.

They've been growing rapidly for months.  Basically they're the most usable pool in China due to how many Bitcoin sites are blocked by the firewall, and that's where the majority of ASICs are made as well (they're used by most the chinese manufacturers for "testing").  I know prior to their post of an English version they were (over the last 2016 blocks) a little over half the size of GHash.io, twice the size of BTC Guild.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
MoreBloodWine
Hero Member
*****
Offline Offline

Activity: 924


I rule with an iron fist !


View Profile WWW
July 27, 2014, 02:38:10 AM
 #7538

Hey Ele, no rush but I sent you a PM I was wondering i you could check out... Ty.

As for Discus, what's the closest they've ever gotten to 51% ?

Want a chance at winning some BTC, LTC or another crypto currency ?
Then be sure to check out our Weekly Crypto Lotteries: Crypto Lottos

jammers
Sr. Member
****
Offline Offline

Activity: 240

Is maith liom bitcoin


View Profile WWW
July 27, 2014, 11:50:55 PM
 #7539

well it's still averaging about ten blocks a day, today was looking pretty crap but we found three out of the last six blocks in a row, and hash rate is up to about 9200. I have an account on ghash.io and they were about 46ph a couple of days ago, but tonight they're down to 37ph, so it looks like a lot of people with their own hardware are shifting across to discus fish, but their own people are locked in with the hardware pointing at their pool. I found when I switched a few weeks ago to ghash for a weekend, that while there were four times as many blocks, I was getting only half of what I was seeing with BTC Guild for a smaller number of blocks.

I'd say a lot have seen the discus fish post from a few days ago, and the PPS definitely is attractive as I only had that for a few weeks when I started before BTC Guild stopped offering that, and dropped their pool fee to 2%. In a space where ROI drops every fortnight, I understand profit focused people jumping to pool giving the steady return while also hitting more blocks.

Did a quick check on blockchain and they've mining pool share has been

4 day ghash 31% - discus 20% - btc guild 7%
2 day ghash 30% - discus 22% - btc guild 6%
1 day ghash 26% - discus 23% - btc guild 7%

but ghash dropping 17% market share in less than 100 hours is probably a good thing for the ecosystem, especially when they got such a high % before.

What does the pool owner need things to be to be sustainable? is there a target market share you'd like to keep (ie 5% - 10%), or want to grow to (ie back up to 20%+) ? surely a bit of PR to the bitcoin media plugging the strengths of the pool might bring a lot of new miners in, and increase the block finding rate. There's a lot of pools now, and it's all about economics now Smiley

i see the law of diminishing returns when it comes to hardware, which is why I don't run my own, especially in a country where electricity is so expensive to begin with, and a hard lesson from litecoin mining which basically superheated my laptop case, through the hinge, and cooked 1/3 of my monitor. 2 ltc for €400 of damage = lesson learned ;p Love watching the bitcoin arms race though from the sidelines, reminds me of all the graphics cards trying to one up each other in the days of 3dfx and OpenGL Smiley

railzand
Sr. Member
****
Offline Offline

Activity: 462

Lux e tenebris


View Profile
July 29, 2014, 06:08:50 PM
 #7540




Yes ladies and gents, I found a block for us. Inordinately proud. Thanks to eleuthria, miaviator (hosting and hammering the S2), BITMAIN, satoshi and my mum.

Pages: « 1 ... 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 [377] 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!