MinermanNC
Legendary
Offline
Activity: 2198
Merit: 1000
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December 17, 2014, 03:28:16 AM |
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Still tinkering with west pools, apparently you can also mine to a p2pool. Just did the Pool verification test and it passed Nice because I run my own p2pools (nodes)... just none set up for pcoin lol this is going to get interesting (hash renting).... not sure if Ill break even on my 2th pcoin test though? Jury is still out.
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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December 17, 2014, 03:35:08 AM |
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Its the blind leading the blind over there in GAWsome veil.. Someone posted a question to Homero and here is is response.. @taylan said: @GAWCEO now Josh, I do completely agree that verifications are fine for PayCoin to USD, but I think that you should REAAAALYY rethink the PayCoin to BTC necessity. True, to have a fluid exchange between all currencies when necessary when spending is great, but I dont think any exchange requires verification for crypto-crypto exchanges. @GAWCEO: Please understand. This is not something to "rethink." It's not my opinion. We have asked the proper offices, and this is what they require. I do NOT want to upset the government. They like XPY right now Its amazing this guy even knows how to walk .. Icon https://hashtalk.org/topic/23950/paybase-kyc/23
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Paul Revere
Sr. Member
Offline
Activity: 406
Merit: 260
The Scamcoats are coming!
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December 17, 2014, 03:53:46 AM |
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All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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MinermanNC
Legendary
Offline
Activity: 2198
Merit: 1000
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December 17, 2014, 04:10:48 AM |
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Results of west hash test: (if anyone gives a shit lol) Spent .01190 on rental, 2 TH, top tier bid, ran for right at 1 hour. My net earnings after fees comes out to about 0.01093631 so, basically I lost a .001 btc in this little rental test. So I'm wondering if the same would hold true at 50 TH and so forth. Of course that's assuming pcoin doesn't rise. Final thoughts: Ill probably rent a higher hash limit for a 1 hour period and see if there is a break even of sorts , that locks in and profits after that? Also will test a rental scrypt hash and run on my p2pool node with no fee's conclusion: As with all multipools I have tried in the past, ya just really never make much money, and west hash is of sorts a multipool service. Next ill try renting my old gpu rigs there to west hash for scrypt-N- , see if any money can be made vs. the electric here of .113 kw
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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Jacques de Molay
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December 17, 2014, 04:13:08 AM |
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And why the hell is bad having paycoin to have our ID's for crypto-crypto / Crypto-XPY??
Why would you want to fork over ID's/personal info to a company that is not a registered MSB? Answering to your questions, since you all post here only what you want misleading others: "@GAWCEO said: One thing that may not be clear. You CAN move from XPY to BTC under a certain limit with no KYC" And i'm off to let trolls troll. cya., Bah you are a paid anti troll fud police from Homero Talk, your account here is asking for money for shit keys and the rest is spent in here trying to mislead everyone else with your cult of Gaw crap, then asking to rent out rigs on HT on your other account. Please far as I am concerned you have nothing important to say. But keep trying you are in a losing battle with your other operative of fail.
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altpooler
Full Member
Offline
Activity: 122
Merit: 100
Developer & Pool Operator | AltPooler.com
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December 17, 2014, 04:47:11 AM |
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Just wanted to announce a new Paycoin pool at: http://xpy.altpooler.com0.1 block finder bonus Stratum ports are listed on the left side of the pool, but here they are as well: 3600 - DIFF(4,096 to 65,536) 3601 - DIFF(1,024 to 16,384) 3602 - DIFF(2,048 to 32,768) 3603 - DIFF(8,192 to 131,072) 3604 - DIFF(64 to 1,024) Please spread some hash Cheers, altpooler
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GlobalBoost-Y (BSTY) Pool: http://bsty.altpooler.comGapcoin - The largest, decentralized prime gap search https://bitcointalk.org/index.php?topic=822498.0Beta launch of our new mining pool is currently scheduled for January 5, 2015. We will feature Unitus merged mining for the yescrypt algorithm upon launch. If you are a CPU miner and would like to help test our yescrypt merged mining implementation, please send me a PM for stratum connection details.
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T0urist
Member
Offline
Activity: 98
Merit: 10
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December 17, 2014, 05:01:49 AM |
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Well its hard for people to believe but josh has told his first truth. I do NOT want to upset the government.
However he is using that statement to push a delay in paybase and the plugin so.... not sure if it counts? I would advise all people not to enter into KYC with GAW. In australia there is a seperate site that validates your data drivers licence etc that is gov endorsed so end third parties just get a pass fail result... they dont get your actual details. I suspect josh will harvest this personal info and likely use it for baseless legal threats to scare you if question up. Knowledge is power and its not something you should give him. Transparency in gaw is low to not existant so his word on data privacy shouldnt be taken at face value. Its starting into full swing now and im wondering why authorities havent stepped in yet.... though consider this... maybe this KYC err CYK is a delay and pause on paybase because the authorities are involved... he wouldnt release cease statements from SEC etc so maybe its begun and hes shielding his supporters from the truth?
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Jacques de Molay
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December 17, 2014, 05:08:18 AM |
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Well its hard for people to believe but josh has told his first truth. I do NOT want to upset the government.
However he is using that statement to push a delay in paybase and the plugin so.... not sure if it counts? I would advise all people not to enter into KYC with GAW. In australia there is a seperate site that validates your data drivers licence etc that is gov endorsed so end third parties just get a pass fail result... they dont get your actual details. I suspect josh will harvest this personal info and likely use it for baseless legal threats to scare you if question up. Knowledge is power and its not something you should give him. Transparency in gaw is low to not existant so his word on data privacy shouldnt be taken at face value. Its starting into full swing now and im wondering why authorities havent stepped in yet.... though consider this... maybe this KYC err CYK is a delay and pause on paybase because the authorities are involved... he wouldnt release cease statements from SEC etc so maybe its begun and hes shielding his supporters from the truth? Spot on, the fact that gaw are not so transparent themselves rules me out giving any personal info. I haven't up to now (even got a new sim registered to a fake name) just to use 2fa. The problem is, he is scared of all the people that are going to cash out and gtfo out. He is putting up all these bullshit walls now and then even has the audacity to ridicule those people who are trading his coin for less than his magical 20 dollar price. I have never been in a company that changes its rules, policies and directions so quick and so fast than what gaw has done. Now he is pushing the sale of cash takers out to the end of January...keeping everything on a tight leash is Homero to benefit himself, not his customers. He should have ROI many times over with all the btc that had flowed into his company and his non payments the last 2 months with forcing everyone to mine HP. But he still wants more.
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Meanotor
Member
Offline
Activity: 64
Merit: 10
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December 17, 2014, 05:21:04 AM |
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T0ourist = tankjr on HT? i tried to warn people a long time ago, i did my best: https://bitcointalk.org/index.php?topic=786788.msg8918615#msg8918615if only ZenMiner would stop those MHs numbers from changing all the time, making me believe it is an actual miner. I'm so sick of this. PS: i got turned off by this scammer the minute he was first to announce partnership with Walmart and others, then people called Walmart and they got the shits with him and then he literally said he had to spend hours on the phone with each one of those major clients to calm them down because he broke the NDA. Come onnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn!!!!
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SwissCrypt
Newbie
Offline
Activity: 26
Merit: 0
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December 17, 2014, 05:21:27 AM |
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"Scattering marbles on train tracks doesn't really hurt the train, despite what your third grade friend told you"
For all you kiddies 😄
What you and the paid fudd team need to understand, this thread isn't about taking any action, we are discussing the legitimacy of GAW and hashlets and Homero. Only those over on HT are hell bent on destroying anyone who doesn't agree with them (they are now in this thread trying to do it but we are (not) stupid and can see right through their bullshit) So you corrected your lapsus? 😄
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suchmoon (OP)
Legendary
Offline
Activity: 3850
Merit: 9087
https://bpip.org
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December 17, 2014, 05:27:02 AM |
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Did you ever get a response on how this will work for non-US customers, what documents they would need to provide etc? It looks like a lot of people are being left out, first with that plugin thing, now KYC might add to this.
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ellave
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December 17, 2014, 05:27:33 AM |
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Well its hard for people to believe but josh has told his first truth. I do NOT want to upset the government.
However he is using that statement to push a delay in paybase and the plugin so.... not sure if it counts? I would advise all people not to enter into KYC with GAW. In australia there is a seperate site that validates your data drivers licence etc that is gov endorsed so end third parties just get a pass fail result... they dont get your actual details. I suspect josh will harvest this personal info and likely use it for baseless legal threats to scare you if question up. Knowledge is power and its not something you should give him. Transparency in gaw is low to not existant so his word on data privacy shouldnt be taken at face value. Its starting into full swing now and im wondering why authorities havent stepped in yet.... though consider this... maybe this KYC err CYK is a delay and pause on paybase because the authorities are involved... he wouldnt release cease statements from SEC etc so maybe its begun and hes shielding his supporters from the truth? Now he is pushing the sale of cash takers out to the end of January... whhhaaa...when did this nugget get announced?
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suchmoon (OP)
Legendary
Offline
Activity: 3850
Merit: 9087
https://bpip.org
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December 17, 2014, 05:29:05 AM |
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Results of west hash test: (if anyone gives a shit lol) Spent .01190 on rental, 2 TH, top tier bid, ran for right at 1 hour. My net earnings after fees comes out to about 0.01093631 so, basically I lost a .001 btc in this little rental test. So I'm wondering if the same would hold true at 50 TH and so forth. Of course that's assuming pcoin doesn't rise. Final thoughts: Ill probably rent a higher hash limit for a 1 hour period and see if there is a break even of sorts , that locks in and profits after that? Also will test a rental scrypt hash and run on my p2pool node with no fee's conclusion: As with all multipools I have tried in the past, ya just really never make much money, and west hash is of sorts a multipool service. Next ill try renting my old gpu rigs there to west hash for scrypt-N- , see if any money can be made vs. the electric here of .113 kw Don't bother with Scrypt-N, it's dead. Titans killed it, GPU can't compete with that. As for XPY, your test might have been too short. Variance is a bitch. You might want to do some math using average diff 200M and see at which price it makes sense to rent, and then try a longer period.
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suchmoon (OP)
Legendary
Offline
Activity: 3850
Merit: 9087
https://bpip.org
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December 17, 2014, 05:30:03 AM |
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Question: aren't the block rewards for XPY supposed to be changing depending on network demand? Seems like 49 XPY reward every time.
That part wasn't implemented. None of the more interesting features from the white paper made it into the code. Even Prime Controllers aren't there yet.
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mpmcsweeney
Member
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Activity: 79
Merit: 10
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December 17, 2014, 05:30:27 AM |
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https://hashtalk.org/topic/23948/kyc-regulations/39GAWCEO GAWCEO GAWCEO Admin Moderator Industry Innovator @Full-Metal-B*tch said: Question to all here: Anything over a certain amount of btc, or transferring a crypto to fiat requires KYC. It's the law, sorry you don't like it. I do not think it would make more sense to not do it, break the law, and have paycoin made into a poster child So...if you don't agree...you don't get your coins? Sure sounds like this was totally explained before...
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suchmoon (OP)
Legendary
Offline
Activity: 3850
Merit: 9087
https://bpip.org
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December 17, 2014, 05:32:39 AM |
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When people say they sell their hashprime or whatever for $10 are they able to withdraw $10 somehow or are they withdrawing $10 worth of btc? Same question for buying the previous nonsense?
if the payments and withdrawals were done with btc previously why is there a need for verification now that didn't exist last month?
It has been all BTC until now, ZenCloud never operated in USD, except hashlet pricing was shown in USD, but the actual transactions were always BTC. As for the verification, they are now saying withdrawals won't need verification, so I'm guessing if you don't verify you would be able to dump XPY for a lower price outside of GAW, but if you want the "floor" you would need to verify.
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Phildo
Legendary
Offline
Activity: 1526
Merit: 1000
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December 17, 2014, 05:41:50 AM |
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When people say they sell their hashprime or whatever for $10 are they able to withdraw $10 somehow or are they withdrawing $10 worth of btc? Same question for buying the previous nonsense?
if the payments and withdrawals were done with btc previously why is there a need for verification now that didn't exist last month?
It has been all BTC until now, ZenCloud never operated in USD, except hashlet pricing was shown in USD, but the actual transactions were always BTC. As for the verification, they are now saying withdrawals won't need verification, so I'm guessing if you don't verify you would be able to dump XPY for a lower price outside of GAW, but if you want the "floor" you would need to verify. Are people getting sick from the smell of bs over here yet? Why can't they pay 20 worth ofbtc for a coin? Why are people not freaking out over the fact that every time josh speaks it becomes harder to get cash (or anything ) out of there?
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suchmoon (OP)
Legendary
Offline
Activity: 3850
Merit: 9087
https://bpip.org
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December 17, 2014, 05:44:29 AM |
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When people say they sell their hashprime or whatever for $10 are they able to withdraw $10 somehow or are they withdrawing $10 worth of btc? Same question for buying the previous nonsense?
if the payments and withdrawals were done with btc previously why is there a need for verification now that didn't exist last month?
It has been all BTC until now, ZenCloud never operated in USD, except hashlet pricing was shown in USD, but the actual transactions were always BTC. As for the verification, they are now saying withdrawals won't need verification, so I'm guessing if you don't verify you would be able to dump XPY for a lower price outside of GAW, but if you want the "floor" you would need to verify. Are people getting sick from the smell of bs over here yet? Why can't they pay 20 worth ofbtc for a coin? Why are people not freaking out over the fact that every time josh speaks it becomes harder to get cash (or anything ) out of there? Some have been sick of it months ago, but some have their BS meters so badly decalibrated or broken that it won't hit them until it literally hits them. Some more popcorn drama developing here: https://bitcointalk.org/index.php?topic=268941.msg9863552#msg9863552
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kupan787
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December 17, 2014, 05:46:04 AM |
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It has been all BTC until now, ZenCloud never operated in USD, except hashlet pricing was shown in USD, but the actual transactions were always BTC.
I'm pretty sure I bought my Primes (back at $16) and Genesis (right before they gave everyone the 50% bonus) "miners" with my credit card from GAWminers.
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