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Question: I would purchase mining time with...
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Author Topic: GPUMAX | The Bitcoin Mining Marketplace  (Read 200501 times)
Gladamas
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June 13, 2012, 04:36:56 AM
 #1941

So is there any reason for concern if I have a Bitcoin wallet on my desktop (which is mining)?

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June 13, 2012, 04:40:15 AM
 #1942

So is there any reason for concern if I have a Bitcoin wallet on my desktop (which is mining)?

No... we were talking about a hypothetical system where people sell generic GPU power.  That would be a security nightmare, but you're fine with mining software (as long as you don't download some shady guy's SuperSpeedHashAmplifier(TM) that is really a wallet stealing trojan).

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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Askit2
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June 13, 2012, 06:52:19 AM
 #1943

Not sure what happened to it but CPUshare used to do something like that. I say like because it was far before GPU programming was big time. I have no idea why it shut down but they had a secure system. Insert ISO imaged disk into drive boot from it and sell hardware. Encrypted traffic, they made the images etc. Downside was you had to run everything off a live CD and make a new one anytime you changed prices. Upside was linux live cd that just worked was pretty awesome. Not sure if something like that is an option but would sure solve a lot of issues if something like GPUsmax did the same.
EDIT: not wallet stealing trojan but since it was before bitcoin it wouldn't be.

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siggy
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June 13, 2012, 05:38:19 PM
 #1944

Has pirate made any progress on trying to get leased work for other applications beside bitcoin mining?

I really believe gpumax would take off if there was leased work for things like rendering, password cracking, scientific research, etc. it would also help people with large farms hedge if bitcoin ever had any issues.

I've long thought this is really where GPUMAX needs to go.. even made a post about it a couple months ago.. https://bitcointalk.org/index.php?topic=60511.msg717568#msg717568    there is demand out there for it  (www.hoopoe-cloud.com, amazon ec2 GPU clusters, etc..) ..  I also think there is already a secure method of implimenting a distributed GPU cloud -- I think it is http://boinc.berkeley.edu/ 

Currently Pirate gets ~10% margin on leased shares..  I'd wager that would be a pittance compared to what he could bring in re-leasing GPU time ..    just for comparison.. a 7970 at current BTC prices and difficulty will bring in (very roughly) about 10 cents per hour.  the on demand price for GPU's on an amazon ec2 cluster is 52 cents per hour per GPU ($2.10 per hour on a quadruple rig) ..

Heck, pirate could double his take to 20% margin, and we'd all still be maxing out the newegg credit lines trying to bring more power online. 

Just my 2 cents..

Sigg

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jjshabadoo
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June 13, 2012, 06:32:24 PM
 #1945

Exactly what Siggy said...hahaha

Seriously though, would be great to help GPU people to stay in the game, we could lease to other services and secure the network in downtime. Everyone wins.
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June 13, 2012, 08:40:58 PM
 #1946

Anyone having trouble getting to gpumax.com?

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TheHarbinger
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June 13, 2012, 08:41:29 PM
 #1947

People have all these ideas, but no follow through.  Pirate follows through, and is accused of Ponzi, drug dealing, money laundering, and financing North Korean nuclear ICBM development.

Hmm.

The North Koreans need all the help they can get.

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June 13, 2012, 09:34:22 PM
 #1948

Well I wish I knew how to create a GPU cloud and I would do it!

There are going to be a LOT of gpu miners who will be selling off unless something comes up that they can use their farms for. We could tap into a HUGE mass of GPU power by providing a way for them to make a reasonable profit above electricity and maintenance costs. The infrastructure and expertise are already in place.

I'm sure GPU miners would love a steadier income as opposed to the speculation involved in being a BTC miner, I know I would.

I like the concept of bitcoin and I love building rigs, but I really hate the constant speculation. If I knew I could slowly build up my GPU capacity over time and have a dependable revenue source I would keep on building.

I can't see how individual miners who deal with their own stuff couldn't be competitive with people like amazon who must have a pretty high overhead for their operations.
martychubbs
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June 14, 2012, 03:21:00 PM
 #1949

Anyone having trouble getting to gpumax.com?

Still having problems?
kliffen
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June 14, 2012, 03:22:35 PM
 #1950

My miners won't connect anymore, not sure what's going on
rjk
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June 14, 2012, 03:22:56 PM
 #1951

My miners won't connect anymore, not sure what's going on
+1

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June 14, 2012, 03:24:05 PM
 #1952

Update

We're doing some updates to the system but with the massive loads caused by deepbit being down it's slowing down the update process.

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June 14, 2012, 03:28:10 PM
 #1953


YES<  i just happen to notice that i was going solo on many of my miners...  woo hoo, hope I find a block!

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phantitox
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June 14, 2012, 04:10:22 PM
 #1954

My miners won't connect anymore, not sure what's going on

+1
Tittiez
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June 14, 2012, 04:13:11 PM
 #1955

Miners disconnected about an hour ago for me too.
nave
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June 14, 2012, 04:55:50 PM
 #1956

Miners disconnected about an hour ago for me too.

Same here.
BlackPrapor
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June 14, 2012, 05:04:02 PM
 #1957

long live GPUMAX....

There is no place like 127.0.0.1
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naima53
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June 14, 2012, 05:05:15 PM
 #1958

Miners disconnected about an hour ago for me too.

Same here.
Same here. what happened? it's time to clean the fans  Grin

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phr0stbyt3
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June 14, 2012, 05:06:50 PM
 #1959

Miners disconnected about an hour ago for me too.

Same here.

Ditto

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notme
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June 14, 2012, 05:13:02 PM
 #1960

hey guys, go back a page where pirate addressed this

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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