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Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool
BitDefender is reporting Sgminer.exe v5 that is being shared by nicehash as a Trojan. Some other anti-virus software are not detecting it yet.
https://www.westhash.com/software/sgminer-5.0-final-win32.zip
At first I thought it was faults positive, but after further research it defiantly has got a problem. It explains the strange mining results, missing hash and router log activity when using it.
Can someone please verify.
https://www.westhash.com/software/sgminer-5.0-badman74-mod-win32.zip
Isn't being reported as Trojan.
https://www.westhash.com/software/sgminer-5.0-final-win32.zip
At first I thought it was faults positive, but after further research it defiantly has got a problem. It explains the strange mining results, missing hash and router log activity when using it.
Can someone please verify.
https://www.westhash.com/software/sgminer-5.0-badman74-mod-win32.zip
Isn't being reported as Trojan.
Re: [9000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
Typically gold and bitcoins are not tied together.
http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zv
http://www.kitco.com/charts/historicalgold.html
I think it could be problematic to try to tie the gold and bitcoins together. Keep in mind the drop in bitcoin prices happened far before the PBoC announcement. News reports are tying to relate basic economic fundamentals to bitcoin pricing that just don't apply yet due to the nature of bitcoins. Although there is some impact it is not yet encompassing the full effects of the bitcoin phenomenon. Simple profit taking that has spiraled due to computerized trading and the lack of easy currency conversion options for the average Joe are more likely the answers to the current demise of the value of bitcoins.
I believe that when there is an easy, quick, main stream and highly accessible way to purchace bitcoins without a high conversion cost then the average Joe will start actively using bitcoins far beyond what we think is possible. Whoever makes it main stream for the public will win the battle and become ground zero for the bitcoin boom. Currently I have not found any site that does not have some frustration, anxiety or high cost involved in it.
SLUSH ROCKS! Thanks for the great pool!
http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zv
http://www.kitco.com/charts/historicalgold.html
I think it could be problematic to try to tie the gold and bitcoins together. Keep in mind the drop in bitcoin prices happened far before the PBoC announcement. News reports are tying to relate basic economic fundamentals to bitcoin pricing that just don't apply yet due to the nature of bitcoins. Although there is some impact it is not yet encompassing the full effects of the bitcoin phenomenon. Simple profit taking that has spiraled due to computerized trading and the lack of easy currency conversion options for the average Joe are more likely the answers to the current demise of the value of bitcoins.
I believe that when there is an easy, quick, main stream and highly accessible way to purchace bitcoins without a high conversion cost then the average Joe will start actively using bitcoins far beyond what we think is possible. Whoever makes it main stream for the public will win the battle and become ground zero for the bitcoin boom. Currently I have not found any site that does not have some frustration, anxiety or high cost involved in it.
SLUSH ROCKS! Thanks for the great pool!
Re: [9000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
Years ago I started when bitcoins were just a joke to everyone. I made thousands of them with GPU's. I didn't know what to do with them at the time. The price went up and then dropped. I lost faith and turned off my rigs except one miner that I had forgot about. 4 months later it was shut down. Forward 2+ years later, a coworker is telling me about bitcoins and how expensive they are. I did some goggling and found I was rather wealthy if my old wallet was still there. I booted my old computer that had the wallet on it and prayed for good luck. (never keep a wallet online) Keep in mind this system had been off for 2 years. After a day and 1/2 of updating the wallet the final number came in.
I have found that it has paid for more then a few things I have needed to get done around the house. My children look pretty good in their new clothes and college paid for. I don't pay for groceries out of my paycheck it is paid for by bitcoins...
All of these coins mined while it was NOT a good investment in electricity, hardware and time. Those early years I LOST many dollars to the electric company.
The end of bitcoin mining? HAHA, this is only the doorway to bigger things. If you are smart you will buy bitcoins anyway you can. Ride it down and buy it when it starts to go up. The fat pigs are doing you a favor with their panic selling.
I have found that it has paid for more then a few things I have needed to get done around the house. My children look pretty good in their new clothes and college paid for. I don't pay for groceries out of my paycheck it is paid for by bitcoins...
All of these coins mined while it was NOT a good investment in electricity, hardware and time. Those early years I LOST many dollars to the electric company.
The end of bitcoin mining? HAHA, this is only the doorway to bigger things. If you are smart you will buy bitcoins anyway you can. Ride it down and buy it when it starts to go up. The fat pigs are doing you a favor with their panic selling.
Re: [5000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
Am I calculating this right? 
That the early part are 2015 it will no longer be cost effective to run miners based on the increasing difficulty. In other words varying costs of electricity and hardware will mean by March , April of 2015 most mining operations will be running in the red even with payed off miners and low cost electricity based on the current floating value index of bitcoins?
From what I have read there isn't any new miners / hardware that is capable of being cost effective when calculated against the upcoming difficulty.
I wonder what will happen to the HUGE cloud mining companies?
The only way I see mining continuing is a revolution in hardware and low cost electricity or massive price shift in bitcoins.
So whats next?
That the early part are 2015 it will no longer be cost effective to run miners based on the increasing difficulty. In other words varying costs of electricity and hardware will mean by March , April of 2015 most mining operations will be running in the red even with payed off miners and low cost electricity based on the current floating value index of bitcoins?
From what I have read there isn't any new miners / hardware that is capable of being cost effective when calculated against the upcoming difficulty.
I wonder what will happen to the HUGE cloud mining companies?
The only way I see mining continuing is a revolution in hardware and low cost electricity or massive price shift in bitcoins.
So whats next?
Re: [5000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
F... Slush!!!
Cursing won't help...
I do not won't to stick around until I just pay the electric company. Now divided between Ghash, BTCGuild and Slush (just token mining).
But BTCGuild has pretty awful bad luck streaks also. Makes me wonder if there may be other stuff going on as well.
We are not in a business run by saints nor the altruistic.
Anybody that can throw in 2cents worth about P2Pool mining?
P2Pool serves up a block about ever 6 to 24 hours. Sometimes a day and a half. http://p2pool.info/
The software to setup is a bit buggy from my limited attempt. I thought it was a windows error so I set it up on Linux and got the same errors. It looks like it has potential but the proxy is just not ready for prime time from my experience.
