Search content
Sort by

Showing 20 of 41 results by Otaci
Post
Topic
Board Bitcoin Wiki
Re: Request edit privileges here
by
Otaci
on 23/09/2017, 15:11:17 UTC
Hi,

please can I have edit privileges? Username on the wiki: Otaci

Thanks,
Otaci
Post
Topic
Board Altcoin Discussion
Re: Suggestion For BCC Wallet?
by
Otaci
on 03/08/2017, 19:00:26 UTC
Yes, you can do that.
Post
Topic
Board Altcoin Discussion
Re: CLAIM BitcoinCash from private Electrum wallet ???
by
Otaci
on 02/08/2017, 22:53:30 UTC
I'm also keeping my coins in Electrum wallet but not yet claim my BCC. As per Electrum wallet site they are suggesting below 4 steps to follow to claim ( https://electrum.org/bcc2.txt).

These instructions work fine.
Post
Topic
Board Altcoin Discussion
Re: Electron Wallet help!
by
Otaci
on 02/08/2017, 22:49:11 UTC
I hope you got this sorted out jaysmokes
Post
Topic
Board Altcoin Discussion
Re: how to redeem Bitcoin Cash
by
Otaci
on 02/08/2017, 22:47:37 UTC
Post
Topic
Board Altcoin Discussion
Re: Suggestion For BCC Wallet?
by
Otaci
on 02/08/2017, 18:30:11 UTC
Please refer to this article to check that Electron Cash is on the correct chain: https://steemit.com/bitcoin/@electroncash/electron-cash-how-to-check-you-are-on-the-bitcoin-cash-chain
Post
Topic
Board Altcoin Discussion
Re: Do Not Use Electron Cash!
by
Otaci
on 02/08/2017, 16:51:07 UTC
If it appears that your coins are disappearing, or you have not received coins you were expecting, please check that you are synced with the BCH chain and not the BTC chain.

For full instructions, see here: https://steemit.com/bitcoin/@electroncash/electron-cash-how-to-check-you-are-on-the-bitcoin-cash-chain
Post
Topic
Board Altcoin Discussion
Re: Ripple Giveaway!
by
Otaci
on 23/09/2013, 21:41:54 UTC
rppEHi9PfGLQxdfiFAqMCixNy1d4ANDYqX
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
Otaci
on 23/09/2013, 13:57:27 UTC
Note that the shares on BTCT (specifically TAT.ASICMINER) are pass-throughs, not the direct shares. Wish I'd bought some though, trading in them has now been suspended.

EDIT: trading has been suspended because the issuer plans to transfer them to another exchange. Great news.
Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
Otaci
on 19/08/2013, 21:05:08 UTC


Network Hash Rate = 450 Th/s
Mine Hash Rate = 50 Th/s
50 * 100 / 450 = 11.11%

Blocks/Round = 2016
Bitcoin/Block = 25 BTC
Bitcoin/Round = 2016 * 25 = 50,400 BTC

50,400 * 11.11% = 5,599.44 BTC
5,599.44 BTC / 10,000,000 shares = 0.00055994 BTC per share per round.

So, even if Labcoin had 50 Th/s right now, divs (twice a week) from mining would be about 0.00013 BTC.
Or about 0.00028 per week. 80% of that is 0.000223976 per week, which is about 9% of share price of 0.00248 ... per week
Post
Topic
Board Service Discussion
Re: http://www.pyramining.com/ - Discussion thread (no advertising here)
by
Otaci
on 30/04/2013, 18:15:49 UTC
This investment does not seem like a good idea at the moment. I have hopes for his implementation of ASIC but I'm holding on investing any more until I see some progress in that area.

In other words: it may take a long time to get any return on any investment made now.
Post
Topic
Board Altcoin Discussion
Re: SmallChange [research-only] [Litecoin based] [15 seconds blocks] [scrypt]
by
Otaci
on 27/04/2013, 15:37:12 UTC
Ota's Experimental SmallChange Pool - http://sc.cascharia.com/

First of all, I want to thank the eight people who tried out this pool. I've learnt a lot from it and have some comments which I will pass on to the community in a following post. I'm sorry the pool failed to reward you with the coins which it should have done.

SmallChange is a research coin and my pool was experimental but I still feel guilty about the rewards. I do not intend to take the code of the pool web site any further so I am not inclined to spend a huge amount of effort in working out how many research coins I owe you. So I am taking a simple approach which will err on the side of generosity.

There were a total of 46,565 shares generated (the vast majority by myself). Some of these contributed to a block being produced for the pool, the majority didnt. The pool earned 552 coins. Thats 0.01185440 coins per share. Quadruple it, that's 0.04741760 coins per share.

For those accounts which have a payout address configured, I will transfer this amount to the address. For those accounts which dont, I have put the website back up and if you want them, register a payout address within the next week and I will transfer the coins.

I am ignoring all previous payouts.

Once again, thank you for trying the pool out.

Ota
Post
Topic
Board Altcoin Discussion
Re: SmallChange [research-only] [Litecoin based] [15 seconds blocks] [scrypt]
by
Otaci
on 26/04/2013, 19:31:14 UTC
Ota's Experimental SmallChange Pool - http://sc.cascharia.com/
I've taken it offline. It's not calculating rewards properly. I'm working on it.
Post
Topic
Board Altcoin Discussion
Re: SmallChange [research-only] [Litecoin based] [15 seconds blocks] [scrypt]
by
Otaci
on 25/04/2013, 22:20:23 UTC
Nice!
I've seen many pools with the same design, where are the sources from? I'd be curious to see how it works.

I shamelessly got the sources from http://fc.dontmine.me/. I've added links to the footer of the pages to the sources.

Quote
SmallChange Pool Based on smallchange, pushpoold and mmcfe modified by Greedi & g2x3k
Post
Topic
Board Altcoin Discussion
Re: SmallChange [research-only] [Litecoin based] [15 seconds blocks] [scrypt]
by
Otaci
on 25/04/2013, 21:54:02 UTC
OK, here it is. First, some disclaimers: I'm new to bitcoin et al. I have not run a pool before. I would not trust this pool with anything that is worth real money (e.g. BTC, LTC). I've been going through the web site code and it's horrific. I don't mean to offend the original author, but it just is. Lot's of respect to paul21 for running *.dontmine.me so well.

Ota's Experimental SmallChange Pool - http://sc.cascharia.com/

It's a pretty standard pool, shouldnt need much explanation. Please do give me feedback, I will act on it as fast as I can.

EDIT: Stats are not working, thats next on my list.
EDIT2: Stats fixed. Turned out to be a minor fix.
Post
Topic
Board Altcoin Discussion
Re: SmallChange [research-only] [Litecoin based] [15 seconds blocks] [scrypt]
by
Otaci
on 25/04/2013, 08:16:37 UTC
I'm almost there with a pool. The website just needs a lot of work (hard-coded 50 BTC rewards in the code, etc) and I have very little time atm.
Post
Topic
Board Altcoin Discussion
Re: SmallChange [research-only] [Litecoin based] [15 seconds blocks] [scrypt]
by
Otaci
on 24/04/2013, 17:52:53 UTC
dynamic difficulty retarget seems a given.  what about dynamic rewards?  it sounds like a terrible idea...  i believe liquidcoin made an attempt at it, but hear me out a sec.  dynamic rewards plus dynamic difficulty would allow you to tune for a specific number of coins a day, regardless of network has rate.  that seems like a reasonable way to control inflation. 
Interesting but isn't this duplication? Isn't the purpose of difficulty to control the speed at which reward coins are distributed? Or are there other advantages too?
Post
Topic
Board Altcoin Discussion
Re: SmallChange [research-only] [Litecoin based] [15 seconds blocks] [scrypt]
by
Otaci
on 24/04/2013, 11:10:10 UTC
Stat data for the last while

timestamp (Central European Time),difficulty,networkhashps,blockcount
Code:
2013-04-22T20:20:10.287287,0.00358563,446273,8952
2013-04-22T20:24:02.725794,0.00358563,436780,8956
2013-04-22T20:30:01.859238,0.00358563,423760,8964
2013-04-22T21:00:01.929899,0.00358563,353620,8998
2013-04-22T21:30:02.363443,0.00358563,1690777,9139
2013-04-22T22:00:01.436636,0.00358563,2019693,9379
2013-04-22T22:30:01.794579,0.00358563,1375014,9571
2013-04-22T23:00:01.865779,0.00358563,827224,9669
2013-04-22T23:30:01.955984,0.00358563,769046,9760
2013-04-23T00:00:02.027385,0.00358563,603336,9821
2013-04-23T00:30:01.116974,0.00358563,579135,9890
2013-04-23T01:00:01.187934,0.00358563,611724,9962
2013-04-23T01:30:01.277549,0.00358563,607901,10031
2013-04-23T02:00:01.348973,0.00238493,349995,10084
2013-04-23T02:30:01.437857,0.00238493,378793,10158
2013-04-23T03:00:01.511540,0.00238493,463318,10239
2013-04-23T03:30:01.600787,0.00238493,492856,10322
2013-04-23T04:00:01.672620,0.00238493,376819,10371
2013-04-23T04:30:01.763360,0.00238493,376357,10447
2013-04-23T05:00:01.834324,0.00238493,426948,10522
2013-04-23T05:30:01.930203,0.00238493,432354,10602
2013-04-23T06:00:02.001589,0.00238493,478095,10685
2013-04-23T06:30:01.873047,0.00238493,727758,10811
2013-04-23T07:00:01.945017,0.00238493,629704,10924
2013-04-23T07:30:02.034515,0.00238493,489324,11004
2013-04-23T08:00:01.105271,0.00238493,408095,11071
2013-04-23T08:30:01.197656,0.00238493,427542,11150
2013-04-23T09:00:01.269012,0.00238493,473673,11235
2013-04-23T09:30:01.358329,0.00238493,488546,11318
2013-04-23T10:00:01.431617,0.00238493,546304,11417
2013-04-23T10:30:01.551037,0.00238493,460886,11493
2013-04-23T11:00:01.625378,0.00238493,505628,11579
2013-04-23T11:30:01.723748,0.00238493,467192,11654
2013-04-23T12:00:01.795047,0.00238493,467548,11736
2013-04-23T12:30:01.904825,0.00238493,394348,11802
2013-04-23T13:00:01.979512,0.00238493,452072,11885
2013-04-23T13:30:01.071837,0.00238493,425176,11955
2013-04-23T14:00:01.142614,0.00238493,442152,12042
2013-04-23T14:30:01.231736,0.00160842,309318,12119
2013-04-23T15:00:01.302790,0.00160842,411401,12224
2013-04-23T15:30:01.396977,0.00160842,370077,12319
2013-04-23T16:00:01.470698,0.00160842,404180,12426
2013-04-23T16:30:01.559716,0.00160842,427526,12541
2013-04-23T17:00:01.630961,0.00160842,385031,12639
2013-04-23T17:30:01.723401,0.00160842,393437,12742
2013-04-23T18:00:01.793916,0.00160842,401439,12850
2013-04-23T18:30:01.885580,0.00160842,403589,12957
2013-04-23T19:00:01.956461,0.00160842,397589,13062
2013-04-23T19:30:02.044965,0.00160842,1695241,13369
2013-04-23T20:00:01.115978,0.00160842,626112,13617
2013-04-23T20:30:01.204680,0.00160842,339603,13704
2013-04-23T21:00:01.284260,0.00160842,662119,13850
2013-04-23T21:30:01.389782,0.00160842,470472,13973
2013-04-23T22:00:01.460658,0.00160842,352904,14064
2013-04-23T22:30:01.552932,0.00172858,419644,14167
2013-04-23T23:00:01.623853,0.00172858,657979,14328
2013-04-23T23:30:01.713310,0.00172858,582290,14477
2013-04-24T00:00:01.784005,0.00172858,1538695,14776
2013-04-24T00:30:01.879285,0.00172858,1693734,15171
2013-04-24T01:00:01.953688,0.00172858,1554807,15564
2013-04-24T01:30:02.048584,0.00172858,616542,15768
2013-04-24T02:00:01.120638,0.00172858,770012,15948
2013-04-24T02:30:01.211224,0.00172858,631399,16097
2013-04-24T03:00:01.282491,0.00155466,416025,16207
2013-04-24T03:30:01.371976,0.00155466,968880,16432
2013-04-24T04:00:01.497975,0.00155466,2049269,16796
2013-04-24T04:30:01.587557,0.00155466,3761804,17652
2013-04-24T05:00:01.774160,0.00194696,5253695,18673
2013-04-24T05:30:01.863612,0.00194696,5145927,19842
2013-04-24T06:00:01.934426,0.00428524,8593763,20776
2013-04-24T06:30:02.023743,0.00428524,8593763,21630
2013-04-24T07:00:01.629016,0.01655359,13694467,22247
2013-04-24T07:30:01.718538,0.01655359,7285784,22496
2013-04-24T08:00:01.789313,0.01655359,8980687,22706
2013-04-24T08:30:01.880990,0.01655359,7777258,22905
2013-04-24T09:00:01.951783,0.01655359,9458595,23144
2013-04-24T09:30:02.041752,0.01655359,10341397,23400
2013-04-24T10:00:01.112909,0.01655359,11865998,23664
2013-04-24T10:30:01.208693,0.01655359,11623505,23937
2013-04-24T11:00:01.284000,0.06622092,37178649,24202
2013-04-24T11:30:01.377144,0.06622092,17082082,24302
2013-04-24T12:00:01.448927,0.06622092,19425156,24428
2013-04-24T12:30:01.537948,0.06622092,22468729,24573
2013-04-24T13:00:01.655400,0.06622092,21317926,24702
2013-04-24T13:05:01.792797,0.06622092,21976819,24725
2013-04-24T13:10:01.915288,0.06622092,22647644,24754
Post
Topic
Board Altcoin Discussion
Re: SmallChange [research-only] [Litecoin based] [15 seconds blocks] [scrypt]
by
Otaci
on 24/04/2013, 11:07:17 UTC
Is there another pool going right now?
Post
Topic
Board Altcoin Discussion
Re: SmallChange [research-only] [Litecoin based] [15 seconds blocks] [scrypt]
by
Otaci
on 24/04/2013, 11:05:37 UTC
Please include more detailed build instructions for Linux.

Ubuntu server 12.10 - extract from my sysprep script (run by admin)
Code:
# dependencies
sudo apt-get -y install build-essential libssl-dev libdb++-dev libboost-all-dev libminiupnpc-dev

# enable in firewall
if ! sudo ufw status | fgrep --silent 9030
then
  sudo ufw allow 9030
fi

Extract from installation script (run under user account which is going to run the daemon)
Code:
#!/bin/bash

# smallchange installation
# intended to be run as the user who will run the service

# get software
if [ ! -d ~/smallchange ]
then
  cd ~
  git clone https://github.com/bfroemel/smallchange.git
  cd smallchange/src
  make -f makefile.unix
fi