Hm, after seeing this, is Vladimir the only serious miner here?
I wish we could post photos of our racks so you could see what a serious mining farm looks like, but they are in a secure, professional hosting facility that does not allow photography.
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(Unknown Title)
by
BitcoinRigs.com
on 25/01/2020, 02:16:00 UTC
First PR-2000 off the line. Generates over 2.0 GH/s using 3x 6990s at stock clocks.
gee could it be something to do with bitcoin being very difficult to prove ownership or transference to a third party? I think it is.
Yes, it's difficult, but blockexplorer.com is a life-saver. We have even won PayPal disputes for our Mining Rental Contracts, where there is no physical item shipped, in part because blockexplorer.com was able to identify the transfers.
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BoardBitcoin Discussion
Re: What's stopping companies from accepting credit card's for BTC?
That may be their opinion. But how many of them run an actual business? We do. And we win chargebacks. So from experience I can say that a signed proof of delivery goes a long way to fighting a chargeback.
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Re: What's stopping companies from accepting credit card's for BTC?
I thought the biggest problem was with stolen credit cards, not people performing chargebacks with their own cards.
It doesn't matter what communication happened between buyer and seller or what proof of delivery is provided if it wasn't the legitimate cardholder making the purchase.
With signed proof of delivery to the credit card billing address there is a good chance of successfully fighting a chargeback.
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BoardAltcoin Discussion
Re: [150 Gh/s] COINOTRON, all coins, worker AUTO - mining the most profitable coin
Coinhunter fixed this with his all new algorithm which doesn't care whether or not people agree to mine.
Wow, SolidCoins process themselves? No miners needed? Sign me up!
This "new algorithm" is nothing more than difficulty adjustments every 240 blocks instead of 2016 blocks. A good change for an infant currency with wild swings in hashing power. Insignificant for an established currency like Bitcoin.
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Re: Did I find SATOSHI NAKAMOTO?
by
BitcoinRigs.com
on 31/08/2011, 05:53:44 UTC
LOL. I think that due to the lengths he went to keep his identity hidden (TOR, anon email, etc), that he didn't use his real name. Of all the people in the world that might be Satoshi, someone actually named Satoshi wouldn't be him.
That will depend on your radiator, fans, and pump. 6 GPUs in a single loop is a lot of heat to dissipate. We use a big radiator with lots of fans and a high speed pump. The pump will move the water around the entire loop in about 3 seconds flat, so the temp increase from gpu to gpu is minimal.
Ok. Just made the conversion, 237 gal is 900 L. How much noise does the pump produce?
As soon as all the air gets out of the tubes, then the pump is nearly silent. It's probably about as loud as a modern laptop hard drive spinning.
Temps run about ambiant+40c, so typically 65c in our office.
ok. i was wondering how much influence the hot water from the first gpu has on the next up to the last one - like how many gpu's can I put in line in a water cooled system until I need to put a radiator in
That will depend on your radiator, fans, and pump. 6 GPUs in a single loop is a lot of heat to dissipate. We use a big radiator with lots of fans and a high speed pump. The pump will move the water around the entire loop in about 3 seconds flat, so the temp increase from gpu to gpu is minimal.
In short, vendors know they can trust credit cards. They do *not* know they can trust anonymous random joe customer who can so easily game bitcoin to their advantage.
Let me guess, you've never run a business before. Well I do. I trust bitcoins 1440 times more than I trust credit cards, even 0/unconfirmed transactions. Any credit card transaction can be easily reversed up to 60 days later. A bitcoin transfer is nearly impossible to revoke 1 hr after receiving it.
The solution is simple, and it's already in place with credit cards. Haven't you been asked to show ID when using a credit card? Solution: Accept 0/unconfirmed transactions with a valid ID.
This isn't just rhetoric, I'm backing my words up with a real commitment, with real money and products on the line. You can walk into my store and buy a top-of-the-line computer and I'll let you walk out the door with it after seeing a 0/unconfirmed transaction on my bitcoin node and showing a valid ID. A credit card transaction is far more risky to me.
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Re: The Horrors of Credit Card Processing
by
BitcoinRigs.com
on 14/08/2011, 03:08:22 UTC
Credit cards are the biggest fraud of the century.
Remember how the system we envision works though... the second you accept that transfer it's final. Until you accept he could change it. after you accept it's done and finalised.
Ok, so what you're saying is you are considering implementing what they call Authorize and Capture? If we can Auth when the order is placed, and then Capture when we ship and there's then no chargebacks after that, then we're golden! That's a very good layer to add to Bitcoins.
Beyond that, we'd like to be able to refund the customer (at our discretion of course), so add a way we can send the Bitcoins back to whomever sent it.
We're taking feedback to know if this is something people want, don't want, or opt in or out. It's NOT implemented now, because honestly we want your feedback (it's #7 on the list, and the only one not implemented yet waiting for your feedback).
Instead of taking feedback directly, I honestly want it discussed in open so we can hear all sides. Flexcoin is designed to fix all the bitcoin problems or perceived problems. Everything from easy ID's rather than long bitcoin addresses to instant (no next block wait) FREE transfers to a whole host of other issues.
As an online merchant, two things happen. A. We get paid, and B. We ship the product. Once we ship a product, we have virtually no way of getting it back. Chargebacks kill us because they are one-sided. Don't add them unless you can guarantee that we'll get back the product we already shipped.
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Re: TradeHill - Why we no longer accept Dwolla and an open letter to Ben Milne
I really, really hate CC companies, they are allowed to operate a ZERO risk business (and charge a % for it) while always pushing the liability on the merchant/payment-processor.
Not only do they push the liability onto the merchant, but they offer essentially ZERO security to help the merchant protect against fraud.