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Author Topic: [CLOSED] Watch the thread for finaly payout info "Project #2"  (Read 47883 times)
Red Emerald
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January 28, 2012, 07:04:19 PM
 #101

As soon as you ask for a payout I get an email. If I am not sleeping it will normally be about 5 mins. If I am sleeping it could take 6 hours, maybe more.

Any idea when you will have this automated?  an automated once daily payout would be really spiffy Smiley

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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January 29, 2012, 05:56:40 AM
 #102

@Goat: Much love and all, but please update this thread's title. Everytime I see "Hasing power" I want to come in here and post "Wtf is HASING POWER?". lol
Edit, lol fixed. I fail at letters, I'm good at numbers:P
Took me a while too to realize what was wrong with this title... it's crazy how those things are true and can be verified on a daily basis:
- "Aoccdrnig to a rscheearch at an Elingsh uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoatnt tihng is taht frist and lsat ltteer is at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae we do not raed ervey lteter by itslef but the wrod as a wlohe."
- "What the eyes see, what the ears hear, is what is already in the mind"

-
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January 30, 2012, 03:33:27 AM
 #103

@Goat: Much love and all, but please update this thread's title. Everytime I see "Hasing power" I want to come in here and post "Wtf is HASING POWER?". lol
Edit, lol fixed. I fail at letters, I'm good at numbers:P
Took me a while too to realize what was wrong with this title... it's crazy how those things are true and can be verified on a daily basis:
- "Aoccdrnig to a rscheearch at an Elingsh uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoatnt tihng is taht frist and lsat ltteer is at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae we do not raed ervey lteter by itslef but the wrod as a wlohe."
- "What the eyes see, what the ears hear, is what is already in the mind"
It was pissing me off for the longest time, but I kept telling myself he would fix it.... one of these days... Grin

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January 30, 2012, 04:45:28 AM
 #104

I have a Radeon HD 4650 and consequently can only push around 27Mhash/s. I'm part of a mining pool and get payouts daily around 0.02BTC for my submitted work I was fortunate enough to solve a block as part of the pool effort. Should I stay with my current setup or move to solo mining and hope I have better luck of solving a block on my own.

Haha! I'm the only one to control Bitcoin address 1HjtErSHNEHtY347LouvsFq5KesHkEZLAV
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January 31, 2012, 11:58:20 AM
 #105

115% will be updated soon, so expect payments to be forced


This is a pleasant surprise.

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January 31, 2012, 12:23:47 PM
 #106

115% will be updated soon, so expect payments to be forced


This is a pleasant surprise.

done already, i need more hashing power clearly so please tell your friends. Smiley


I will tell them, thanks.. Otherwise, you can look forward to when I receive some extender cables in the next few days so I can add another ~460 Mhash your way Smiley

Get your BTC and LTC at www.betcoinpartners.com/c/2/374 with FREEROLLS + Daily & Weekly Bonuses + Satellites + ON DEMAND tournaments + Instant Deposit + Instant Withdrawals + RING games + GTD Tournament + On Demand Satellite, + LIVE DEALER CASINO + SPORTSBOOK + 100% WELCOME BONUS www.betcoinpartners.com/c/2/374  150 btc ($100,000) gtd monthly, 75 btc ($50,000) gtd weekly and 10 BIG daily gtd ranging 0.5 btc to up to 20 btc
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January 31, 2012, 02:02:01 PM
 #107

thank you very much for the 115% payout bump!

It is pitch black. You are likely to be eaten by a grue.

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February 01, 2012, 02:08:40 AM
 #108

So what should someone who's been mining for you do when after they use their mined coins to buy Alpaca Socks law enforcement shows up and tells them that their coins were the marked proceeds from a sting operation related to drugs, arms sales, child porn trade, or that they were bitcoins reported previously stolen and that they have a warrants to seize all their computers to look for evidence?

The word on IRC is that these private services which pay >100% PPS in BTC for mining are doing this because they're attempting to get rid of 'dirty' coins which could potentially be traced in exchange for freshly mined coins.  Certainly this is the only thing I've heard that makes any economic sense at all, but if it's true don't the miners have a right to know what role they're playing in this and what risk they're taking?

Have I got it wrong?  Can you help me understand what the business is here?
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February 01, 2012, 02:18:27 AM
 #109

What kind of hash rate are you looking for?

Losing hundreds of Bitcoins with the best scammers in the business - BFL, Avalon, KNC, HashFast.
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February 01, 2012, 04:09:36 AM
Last edit: February 01, 2012, 04:26:22 AM by gmaxwell
 #110

You want to know how my service works? Read the FAQ like everyone else or send me a PM. You do not like me reselling hashing power then don't send me hashing power. Free market deal with it.

Unfortunately I can't find any explanation of what this hashing power is used for which justifies paying greater than it's direct present value.

If you were operating a service which paid $1.15 for every $1 sold to it, which is what your service is precisely isomorphic to, the same concerns would be raised.

The accusations were already circulating before I brought up the question here. You should be happy to have the opportunity to answer them directly.

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Linking me to Child Porn, Arms and Drugs is a shame upon you. I challenge you to provide evidence to back your accusations! You can not so you are a fool and your reputation will reflect it. It is too bad for you that you are ignorant but that is not my problem.

I did not intend it as accusation, I thought I was adequately clear: I do not know, and I'm looking for answers.  I posed a hypothetical— If you are not in, in fact, engaging in a business which facilitates flimsy bitcoin laundering via mining then I am apologetic for implying otherwise.

Certainly you must agree that when someone sells mining or bitcoin for instant returns _in bitcoin_ of greater than 100% without cautiously evaluating the business they are getting involved with that there is a _risk_ that their funds could be used to launder for these sorts of activities and that the kind of caution I was encouraging is advisable. No?

I see that you did not, in fact, answer my questions:

Are you using this mining power to engage in bitcoin laundering?
If so, are you personally aware of the details of the transactions which you are laundering for? Can you certify that your service is not facilitating any unlawful or unethical activity?

Will your activity potentially bring unwanted attention by authorities to your mining employees?

I can find no answer to these questions in your documents. Nor does your your veiled contract offering fairly large sums to manufacturer fake "evidence" against me, inspire great confidence on my part.

I'll go hide the first paragraph of my message if it is a distraction which is preventing you from controlling your emotion long enough to give straight factual answers to these questions which I believe are of great interest to the community here.

Quote
I realize you are only making this personal attack because I did not support Luke Jr. in his attack of the alt chain but really grow up and be a man.

I have very little clue about you personally. Your response here and in other places I've seen you interact does not inspire me with any confidence about your character— but thats irrelevant.  You have previously ignored private message, so I haven't really had a chance to get to know you. I did not intend to attack your character here (you're doing a good enough job of that yourself), I only intended to ask some serious questions.  

If you look at my posts you can see that I'm not a great advocate of Luke's— and I don't harbor any ill will against you related to that.  I asked because I'm concerned about the health of the bitcoin community, the well-being of my fellow miners, and the reputation of Bitcoin itself.


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February 01, 2012, 04:17:35 AM
 #111

So what should someone who's been mining for you do when after they use their mined coins to buy Alpaca Socks law enforcement shows up and tells them that their coins were the marked proceeds from a sting operation related to drugs, arms sales, child porn trade, or that they were bitcoins reported previously stolen and that they have a warrants to seize all their computers to look for evidence?

The word on IRC is that these private services which pay >100% PPS in BTC for mining are doing this because they're attempting to get rid of 'dirty' coins which could potentially be traced in exchange for freshly mined coins.  Certainly this is the only thing I've heard that makes any economic sense at all, but if it's true don't the miners have a right to know what role they're playing in this and what risk they're taking?

Have I got it wrong?  Can you help me understand what the business is here?

[200 BTC bounty] for evidence of your accusations. https://bitcointalk.org/index.php?topic=62139.0

[200 BTC bounty] for evidence of G Maxwell's involvement in the child porn, illegal guns and drugs trade. https://bitcointalk.org/index.php?topic=62139.0

Linking gmaxwell to any such things is laughable - he is one of the most public faces in the entire community and a valued contributor to many projects. Your hasty response makes me wonder a few things as well.

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February 01, 2012, 04:29:13 AM
 #112

Oh the irony... the first bounty is used to imply there is no such evidence, and the second bounty to imply there is?

On another note, my bets are on "there was no such cited illegal activity before, but there will be soon now that it's been (effectively) suggested"

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February 01, 2012, 01:05:01 PM
 #113

You pay 115%, what can you make use of ?

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February 01, 2012, 03:19:08 PM
 #114

I'm not sure if it's your server or a connection problem on my end, but i sometimes get "Pool 0 not providing work fast enough". and i see my 5sec average hash rate drop to 1 MH/s. is anyone getting this?

It is pitch black. You are likely to be eaten by a grue.

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February 01, 2012, 03:48:07 PM
 #115

7970's need to drop in price before I look at them...

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February 01, 2012, 04:11:52 PM
 #116

7970's need to drop in price before I look at them...

I have 3x but i get massive fail from my own work and I do not know why lol! Wanted to know if anyone else had the same issue.
The best performance on them comes from DiabloMiner with no special arguments.

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February 02, 2012, 12:09:35 AM
 #117

how do you make money paying 115%??
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February 02, 2012, 12:38:02 AM
 #118

Hmmm. My first day here, but my rejects are upward of 15%. Does your pool not like certain miners?

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February 02, 2012, 12:52:46 AM
 #119

Hmmm. My first day here, but my rejects are upward of 15%. Does your pool not like certain miners?

That is not normal at all. We will look into it right now. If you ever see over 3% PM me ASAP. Thanks

PM me your software miner. Thanks

I just started today and in the mornings it was around 6%. Right now it came down to 3.5%, a little high but it most likely to some disconnects that I've seen in the logs.
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February 02, 2012, 04:35:45 AM
 #120

My interest is piqued at what you're doing with the hashing power.... but you obviously aren't going to let the cat out of the bag.

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