[CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers

[xstr8guy]

Geez, what's going on with the pool hashrate the past 24 hours? It's back down to 9990THs after being above 12,000 for a few days. You would think the hashrate would be going up with all of the new deliveries of SP30s and S3s.

[1714217993]

1714217993

[1714217993]

1714217993

[eleuthria]

Geez, what's going on with the pool hashrate the past 24 hours? It's back down to 9990THs after being above 12,000 for a few days. You would think the hashrate would be going up with all of the new deliveries of SP30s and S3s.

It's basically one group of accounts (same owner) coming and going.  Not sure why.  Same thing happened last week.

Anyway, the pools been doing good recently and was looking for any new info on the NY situation. I see it's been delayed for furthur discussion, I guess the Bitcoin Foundation along with others asked for more input to be made before final laws are made.

Very little news at this point.  My lawyer's advice right now is just be cautious and wait for finalized regulations before taking action.  They do agree that if NY *wanted to* they could likely target any pool in the United States because this new regulation is defining virtual currency business interactions with NY residents as a nexus creating activity.  If a nexus is established, they are able to prosecute/tax/regulate.  However, my lawyer believes it is a winnable case if it came to that due to lack of physicality and lack of marketing directed at NY residents.  There's also the intention of the regulations, which is money laundering and consumer protection.  In the case of BTC Guild, nobody is investing/depositing funds.  This is the "real" target of regulations - financial services where users are either being encouraged to invest or store funds with a third party.

The problem is that winning such a case wouldn't matter, since the cost of defending myself would probably exceed the value of the business.  For now, everything remains unchanged.  Lawyer is still trying to determine if having users agree to a set of conditions ("I am not a resident of NY", "I do not run equipment located in NY", "I am not accessing the site from NY") agreement would be sufficient protection.

[psahx]

Geez, what's going on with the pool hashrate the past 24 hours? It's back down to 9990THs after being above 12,000 for a few days. You would think the hashrate would be going up with all of the new deliveries of SP30s and S3s.

It's basically one group of accounts (same owner) coming and going.  Not sure why.  Same thing happened last week.

Keep them away from us, please! They are casting bad luck to our pool!!!

 

[os2sam]

Geez, what's going on with the pool hashrate the past 24 hours? It's back down to 9990THs after being above 12,000 for a few days. You would think the hashrate would be going up with all of the new deliveries of SP30s and S3s.

It's basically one group of accounts (same owner) coming and going.  Not sure why.  Same thing happened last week.

Keep them away from us, please! They are casting bad luck to our pool!!!

 

If your under the assumption that less hash rate equals better luck then give Deepbit a try.  You should be rolling in great luck there.

[psahx]

Geez, what's going on with the pool hashrate the past 24 hours? It's back down to 9990THs after being above 12,000 for a few days. You would think the hashrate would be going up with all of the new deliveries of SP30s and S3s.

It's basically one group of accounts (same owner) coming and going.  Not sure why.  Same thing happened last week.

Keep them away from us, please! They are casting bad luck to our pool!!!

 

If your under the assumption that less hash rate equals better luck then give Deepbit a try.  You should be rolling in great luck there.

Yeah, and the best luck I have seen ever, was solo mining with 1KH/s!!! That was awesome!

 

[os2sam]

Geez, what's going on with the pool hashrate the past 24 hours? It's back down to 9990THs after being above 12,000 for a few days. You would think the hashrate would be going up with all of the new deliveries of SP30s and S3s.

It's basically one group of accounts (same owner) coming and going.  Not sure why.  Same thing happened last week.

Keep them away from us, please! They are casting bad luck to our pool!!!

 

If your under the assumption that less hash rate equals better luck then give Deepbit a try.  You should be rolling in great luck there.

Yeah, and the best luck I have seen ever, was solo mining with 1KH/s!!! That was awesome!

 

500 Mhash for me, 3 blocks on two pools.  But that was a way different difficulty.

[psahx]

Geez, what's going on with the pool hashrate the past 24 hours? It's back down to 9990THs after being above 12,000 for a few days. You would think the hashrate would be going up with all of the new deliveries of SP30s and S3s.

It's basically one group of accounts (same owner) coming and going.  Not sure why.  Same thing happened last week.

Keep them away from us, please! They are casting bad luck to our pool!!!

 

If your under the assumption that less hash rate equals better luck then give Deepbit a try.  You should be rolling in great luck there.

Yeah, and the best luck I have seen ever, was solo mining with 1KH/s!!! That was awesome!

 

500 Mhash for me, 3 blocks on two pools.  But that was a way different difficulty.

Wish I was wise enough to keep my coins...

[os2sam]

Yeah, and the best luck I have seen ever, was solo mining with 1KH/s!!! That was awesome!

 

500 Mhash for me, 3 blocks on two pools.  But that was a way different difficulty.

Wish I was wise enough to keep my coins...

I'm still kicking myself for spending mine on a Jalapeno.

[eleuthria]

Wish I was wise enough to keep my coins...

A common sentiment among pretty much anybody who has been in BTC since 2010-2012.  I thought getting that couple hundred bucks from a BTC->PayPal site was awesome back in 2011.  $1 for a coin? You must be insane if you want to pay me that much, take them all!  I'll just make another 50-100 tomorrow.

[psahx]

Wish I was wise enough to keep my coins...

A common sentiment among pretty much anybody who has been in BTC since 2010-2012.  I thought getting that couple hundred bucks from a BTC->PayPal site was awesome back in 2011.  $1 for a coin? You must be insane if you want to pay me that much, take them all!  I'll just make another 50-100 tomorrow.

Somebody has to invent a Bitcoin Time Machine.

 

[MoreBloodWine]

Geez, what's going on with the pool hashrate the past 24 hours? It's back down to 9990THs after being above 12,000 for a few days. You would think the hashrate would be going up with all of the new deliveries of SP30s and S3s.

It's basically one group of accounts (same owner) coming and going.  Not sure why.  Same thing happened last week.

Anyway, the pools been doing good recently and was looking for any new info on the NY situation. I see it's been delayed for furthur discussion, I guess the Bitcoin Foundation along with others asked for more input to be made before final laws are made.

Very little news at this point.  My lawyer's advice right now is just be cautious and wait for finalized regulations before taking action.  They do agree that if NY *wanted to* they could likely target any pool in the United States because this new regulation is defining virtual currency business interactions with NY residents as a nexus creating activity.  If a nexus is established, they are able to prosecute/tax/regulate.  However, my lawyer believes it is a winnable case if it came to that due to lack of physicality and lack of marketing directed at NY residents.  There's also the intention of the regulations, which is money laundering and consumer protection.  In the case of BTC Guild, nobody is investing/depositing funds.  This is the "real" target of regulations - financial services where users are either being encouraged to invest or store funds with a third party.

The problem is that winning such a case wouldn't matter, since the cost of defending myself would probably exceed the value of the business.  For now, everything remains unchanged.  Lawyer is still trying to determine if having users agree to a set of conditions ("I am not a resident of NY", "I do not run equipment located in NY", "I am not accessing the site from NY") agreement would be sufficient protection.

Shit, I'll agree to new terms and fax a copy of my state issued ID showing I'm a PA resident. Everything I own is hosted 5 hs from me in Carlisle Pa.

[Bitsaurus]

Wish I was wise enough to keep my coins...

A common sentiment among pretty much anybody who has been in BTC since 2010-2012.  I thought getting that couple hundred bucks from a BTC->PayPal site was awesome back in 2011.  $1 for a coin? You must be insane if you want to pay me that much, take them all!  I'll just make another 50-100 tomorrow.

Yep.  A bird in the hand is better than 2 in the bush. Cash out now when the money is guaranteed and if I sense the price will rise I will just hoard the rest.

My problem was trusting BFL to ship a miner in October of 2012 which would have made me thousands of BTC.  So I paid for it with 210BTC.  The conman that is Josh Zerlan pushed it to July 2013 and my net return was less than 20 BTC 

But at least I found 3 blocks for BTC Guild 

[xstr8guy]

Wish I was wise enough to keep my coins...

A common sentiment among pretty much anybody who has been in BTC since 2010-2012.  I thought getting that couple hundred bucks from a BTC->PayPal site was awesome back in 2011.  $1 for a coin? You must be insane if you want to pay me that much, take them all!  I'll just make another 50-100 tomorrow.

Yep.  A bird in the hand is better than 2 in the bush. Cash out now when the money is guaranteed and if I sense the price will rise I will just hoard the rest.

My problem was trusting BFL to ship a miner in October of 2012 which would have made me thousands of BTC.  So I paid for it with 210BTC.  The conman that is Josh Zerlan pushed it to July 2013 and my net return was less than 20 BTC 

But at least I found 3 blocks for BTC Guild 

My advice (for what it's worth, lol)... never cash out more than 50% of your holdings, no matter what. If you think a massive fall is coming or if you think we've reached the top of a bubble, only dump half of your coin and keep the rest indefinitely.

I've ridden a few altcoin pump-and-dump roller coasters and made some good profits that way. And I still have enough coins left over if they should rise again. Although it's becoming less and less likely as time passes.

[MoreBloodWine]

Wish I was wise enough to keep my coins...

A common sentiment among pretty much anybody who has been in BTC since 2010-2012.  I thought getting that couple hundred bucks from a BTC->PayPal site was awesome back in 2011.  $1 for a coin? You must be insane if you want to pay me that much, take them all!  I'll just make another 50-100 tomorrow.

Yep.  A bird in the hand is better than 2 in the bush. Cash out now when the money is guaranteed and if I sense the price will rise I will just hoard the rest.

My problem was trusting BFL to ship a miner in October of 2012 which would have made me thousands of BTC.  So I paid for it with 210BTC.  The conman that is Josh Zerlan pushed it to July 2013 and my net return was less than 20 BTC 

But at least I found 3 blocks for BTC Guild 

I found more, I found 0, shit wait... I think I did that wrong but congrats ;-p

[RealMalatesta]

Geez, what's going on with the pool hashrate the past 24 hours? It's back down to 9990THs after being above 12,000 for a few days. You would think the hashrate would be going up with all of the new deliveries of SP30s and S3s.

It's basically one group of accounts (same owner) coming and going.  Not sure why.  Same thing happened last week.

Keep them away from us, please! They are casting bad luck to our pool!!!

 

If your under the assumption that less hash rate equals better luck then give Deepbit a try.  You should be rolling in great luck there.

Yeah, and the best luck I have seen ever, was solo mining with 1KH/s!!! That was awesome!

 

500 Mhash for me, 3 blocks on two pools.  But that was a way different difficulty.

Wish I was wise enough to keep my coins...

Sometimes, I think the same (and especially my wife keeps SAYING it....). On the other hand: If we were not spending Bitcoins, the whole idea of Bitcoin would crumble to dust.

[RealMalatesta]

Wish I was wise enough to keep my coins...

A common sentiment among pretty much anybody who has been in BTC since 2010-2012.  I thought getting that couple hundred bucks from a BTC->PayPal site was awesome back in 2011.  $1 for a coin? You must be insane if you want to pay me that much, take them all!  I'll just make another 50-100 tomorrow.

Somebody has to invent a Bitcoin Time Machine.

 

Hm, okay, I'll put it on kickstarter.... how much do you invest???

[psahx]

Wish I was wise enough to keep my coins...

A common sentiment among pretty much anybody who has been in BTC since 2010-2012.  I thought getting that couple hundred bucks from a BTC->PayPal site was awesome back in 2011.  $1 for a coin? You must be insane if you want to pay me that much, take them all!  I'll just make another 50-100 tomorrow.

Somebody has to invent a Bitcoin Time Machine.

 

Hm, okay, I'll put it on kickstarter.... how much do you invest???

I'll take the early bird bundle. Which comes with 1 port to 2009, DNA level immunization towards BFL, Hashfast, Cointerra, KNC, BA... (you name the rest) and DNS service to block the MTGox out of my internet!

 

[opentoe]

http://www.secureworks.com/cyber-threat-intelligence/threats/bgp-hijacking-for-cryptocurrency-profit/


This affect anyone here?

[DrHaribo]

http://www.secureworks.com/cyber-threat-intelligence/threats/bgp-hijacking-for-cryptocurrency-profit/


This affect anyone here?

Pretty sure it did. It affected a few users on most pools. You can see a list of pools they targeted at the bottom of the page (URL above).

[RealMalatesta]

Wish I was wise enough to keep my coins...

A common sentiment among pretty much anybody who has been in BTC since 2010-2012.  I thought getting that couple hundred bucks from a BTC->PayPal site was awesome back in 2011.  $1 for a coin? You must be insane if you want to pay me that much, take them all!  I'll just make another 50-100 tomorrow.

Somebody has to invent a Bitcoin Time Machine.

 

Hm, okay, I'll put it on kickstarter.... how much do you invest???

I'll take the early bird bundle. Which comes with 1 port to 2009, DNA level immunization towards BFL, Hashfast, Cointerra, KNC, BA... (you name the rest) and DNS service to block the MTGox out of my internet!

 

Sounds okay. Send me your Bitcoins