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Showing 20 of 23 results by LGT06
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Topic
Board Bitcoin Discussion
Re: SatoshiDice Sold for $12.4 Million
by
LGT06
on 18/07/2013, 12:55:41 UTC
Does the code really need to be open source if every transaction is verifiable?
Post
Topic
Board Services
Re: [EHR:475.5Gh/s] Hashrack.com|Hashpacks 0.5Gh as low as 0.25 BTC as fast as 50Gh
by
LGT06
on 17/07/2013, 18:24:37 UTC
4ef706c99a753e97b2039cbad8b278b9412221656c497b42c5e3eb1f3863e32d

3.1 BTC I would like to get back. Fat chance of ever seeing these guys again though.

I would happily keep my investment with them and wait until they get their hardware if they actually maintained a presence here on the forum and/or had a working contact form on their website.

It looks like they've cut and run, but if that isn't the case then they're being completely irresponsible, which is nearly as bad.
Post
Topic
Board Pools
Topic OP
Question About Pooled Mining
by
LGT06
on 12/07/2013, 17:00:04 UTC
I understand the general theory of pooling resources and splitting the rewards based on work contributed, and I've read the pooled mining wiki page at https://en.bitcoin.it/wiki/Pooled_mining, but I have one question about a technical detail of pooled mining.

When someone contributes a share, does that affect the work the rest of the pool does? Does the share just show that work was done therefore the user is entitled to some reward, or does the share show exactly what work was done so other miners in the pool avoid using the same nonce values that don't solve the block, for instance?

Does a miner who has contributed shares but not solved a block help the other miners in the pool to solve the block more quickly, or is that miner getting paid for doing work that hasn't actually contributed anything valuable?
Post
Topic
Board Hardware
Re: Slow USB Erupter
by
LGT06
on 10/07/2013, 14:38:35 UTC
I'm a bit surprised, but a fan seems to have done the trick.
Post
Topic
Board Hardware
Re: Slow USB Erupter
by
LGT06
on 09/07/2013, 15:18:36 UTC
I've tried re-seating it a few times now with no improvement.

I don't have a fan on them yet. The fan is certainly something I am going to try, but I don't have much hope since the one device is consistently slower than the other and they are both in the same location.
Post
Topic
Board Hardware
Topic OP
Slow USB Erupter
by
LGT06
on 09/07/2013, 14:13:40 UTC
I got two USB erupters the other day. One of them chugs along at 333.5 MH/s but the other only produces 321.5 MH/s. Is there anything I can do to fix the slower one? I know 10 MH/s isn't anything to lose sleep over, but if there is an easy fix that would be nice.
Post
Topic
Board Mining software (miners)
Re: How to Disable OCL 0
by
LGT06
on 08/07/2013, 19:58:54 UTC
Up to 3.1.1: -G
3.1.2 and newer: -S opencl:noauto

That did it. Not sure how I missed it in the readme when I searched for "disable". Thanks for the PEBKAC support.
Post
Topic
Board Mining software (miners)
How to Disable OCL 0
by
LGT06
on 08/07/2013, 19:39:04 UTC
I just got a couple USB Erupters and I am mining with them just fine. I would like to know if there is a command line argument I can use to disable my GPU from mining with BFGMiner.

using bfgminer -S all starts up both my USB Erupters and my GPU (shown as OCL 0). Then I have to go into GPU options and disable it.

How can I disable OCL 0 via command line when starting BFG Miner?
Post
Topic
Board Speculation
Re: [POLL] What will be the bottom?
by
LGT06
on 08/07/2013, 17:05:35 UTC
It seems 60 was the borrom after all... Smiley

Wait 2-3 days

Yeah, I don't think we've hit bottom yet either.
Post
Topic
Board Mining
Re: USD You Would pay for 1 GH/s Right Now
by
LGT06
on 05/07/2013, 14:34:31 UTC
Yeah, that was the intent of my question. If you could in theory buy some mining hardware today and have it delivered in one week or less, what would 1GH/s be worth right now.

It seems I wasn't too far off with my $100 figure, you would probably break even at the very least. $75 should ensure some profit.

Just goes to show I paid about 3x what I should have for a couple of USB Erputers. Oh well, live and learn. At least I didn't buy 10 or more.

Who knows, maybe difficulty won't keep skyrocketing if all the promised ASIC deliveries don't come to pass and/or the BTC price keeps dropping. BTC losing more value would obviously negatively impact ROI though. I tend to think people who do get ASIC devices will mine with them no matter what though, since they can't do anything else with them. So the difficulty skyrocketing is virtually guaranteed, only an impediment to ASIC devices being delivered can prevent it.
Post
Topic
Board Mining
Topic OP
USD You Would pay for 1 GH/s Right Now
by
LGT06
on 03/07/2013, 17:24:14 UTC
What price per GH/s is worth it to purchase right now?

With this calculator http://www.alloscomp.com/bitcoin/calculator using a BTC price of 75 USD and current difficulty one GH/s will mine $53 in a month. How should one project out after that to account for the rise in difficulty? Just half the dollar amount to account for a doubling of diff every month?

$50 month 1, $25 month 2, $12 month 3, $6 month 4, $3 month 5, $1 month 6 ?

Is 1 GH/s only worth about 100 USD right now, or is my admittedly very crude estimation too pessimistic?
Post
Topic
Board Group buys
Re: [CLOSED] Group Buy #8 195+ ASICMiner Erupter USB 1.01618 ea. @ 10 units
by
LGT06
on 03/07/2013, 15:06:28 UTC
I didn't want to stir up an issue, I was just a bit confused. Thanks for the clarification.
Post
Topic
Board Group buys
Re: [CLOSED] Group Buy #8 195+ ASICMiner Erupter USB 1.01618 ea. @ 10 units
by
LGT06
on 02/07/2013, 13:25:05 UTC
some from the OP have shipped due to available supply from 7.

 Shocked Oooh, does this mean mine have shipped from you already, Canary? I'm first on the list, but it doesn't show as shipped in the OP.

Edit : I see the last folks on the list got theirs shipped first  Huh  Cry
Post
Topic
Board Services
Re: [EHR:475.5Gh/s] Hashrack.com|Hashpacks 0.5Gh as low as 0.25 BTC as fast as 50Gh
by
LGT06
on 28/06/2013, 13:01:24 UTC
There is something they need to fix in their web hosting setup.

hashrack.com and www.hashrack.com both resolve to the same IP, but only www.hashrack.com works in IE.

hashrack.com works fine Chrome, but IE doesn't like it.
Post
Topic
Board Group buys
Re: [OPEN] JIT Group Buy #7 1030+ ASICMiner Erupter USB 1.01618 ea. @ 10 units
by
LGT06
on 27/06/2013, 18:43:37 UTC
I missed out on this round. I want to get two and I have the BTC now. I'm also hoping to see the next round open tomorrow!
Post
Topic
Board Group buys
Re: [OPEN] JIT Group Buy #7 1030+ ASICMiner Erupter USB 1.01618 ea. @ 10 units
by
LGT06
on 27/06/2013, 17:24:42 UTC
Well, its over. Interested to see if I am confirmed in group 7 or if I'll be in group 8.

I'll be able to send and sign with my private key very soon, just waiting for the QT software to download the entire blockchain.

I could actually be mining with USB powered ASIC some time soon, that seems pretty cool to me.
Post
Topic
Board Services
Re: [EHR:401.5Gh/s] Hashrack.com|Hashpacks the easy way to mine bitcoins 0.5Gh-50Gh
by
LGT06
on 27/06/2013, 15:10:24 UTC
BFL
26 - 5Gh/s
14 - 25Gh/s

So you've pre-purchased 480 GH/s worth of hardware from BFL and you've sold 520 GH/s worth of hashpacks. What are you going to do to make up the difference? Place another pre-order with BFL and leave the newest hashpack purchasers likely waiting until 2014 before their virtual workers are running? Or is there other hardware you might use to supply the currently purchased hashpacks for a more timely delivery?
Post
Topic
Board Bitcoin Discussion
Re: POLL: Allow dust transactions in Bitcoin? (5430 satoshis or less)
by
LGT06
on 24/06/2013, 20:01:22 UTC
When BTC is trading at over $1000 all of that "dust" is going to be worth alot. If I can only use BTC to transfer large amounts of cash I would be using it much less than I am now.

When BTC is trading at over $1000, they'll change the rules regarding dust transactions so that it's value is sub-cent again.

Logic.

How are they going to adjust the dust amount on the fly when BTC are trading at $650 USD on week and $200 USD the next week? Maybe letting miners decide what to include in the block chain instead of hard coding it into the software perhaps? I thought the whole point of this system was to let the market determine what works and to avoid using some human decree as the law of the land.
Post
Topic
Board Beginners & Help
Re: Official Newbie BitInstant Support Thread (Active Customer Support)
by
LGT06
on 21/06/2013, 16:08:23 UTC
I PM'd you, URSAY. I have a cash payment that I made but I haven't received the bitcoin payment to my address yet. The details are in the PM.

Thanks.

Disregard that one, I have the bitcoins now. Thanks.
Post
Topic
Board Beginners & Help
Re: Official Newbie BitInstant Support Thread (Active Customer Support)
by
LGT06
on 21/06/2013, 15:40:23 UTC
I PM'd you, URSAY. I have a cash payment that I made but I haven't received the bitcoin payment to my address yet. The details are in the PM.

Thanks.