Here's a fundamentals question.  My Eligius stats consistently report around 94.2% shares rewarded.  A friend of mine with similar hashing power sees 97 to 98%.  Whazzup with that?

Bummer.  That site looks mondo interesting!

Referring back to page one of this thread, is the wallet web site functional yet?  Pointing a browser to http://127.0.0.1:1666 or http://127.0.0.1:16666 does not bring up the website.  Port 16666 DOES go through many loops attempting to connect and then returns "connection reset."  My Windows Firewall is disabled BTW.

In other news...  

What the devil would make my SC interest payment go into a status of "conflicted, Generated but not accepted, mined?"  The details being "Generated coins must mature 510 blocks before they can be spent. When you generated this block, it was broadcast to the network to be added to the block chain. If it fails to get into the chain, its state will change to "not accepted" and it won't be spendable. This may occasionally happen if another node generates a block within a few seconds of yours."

Why would interest be subject to loss by mining standards?

It's going to settle at... um... 2BTC!  Believe that!  Promote it!  Cryptocurrency is, after all, about belief.   If those of us that HAVE SC refuse to sell it for less, guess what?  One of two things happens 1) Everybody ignores us  2) SC becomes worth 2BTC.

To prevent option 1, promote, promote, promote.  It's about marketing baby!

So, responses to four screen loads of posts:

1) I agree, Silkcoin is being "played with" by one or more whales
2) 3000 Satoshis is PEANUTS, hold your coins!  Much higher prices will come, if we don't wimp out and sell low.
3) The buying indicators certainly are showing demand brewing, regardless of the manipulation.
4) I bought 21,000SC between 877 and 1031 Satoshis.  It's now making 1.2SC in interest every day.
5) If you feel Bitcoin is the only safe haven, make your own wall and put in a limit sell order at 1BTC.

Let's keep the faith!

Dead chat tonight!  One would think it was a holiday weekend or something... wait... oh, it is.   

I just noticed Zeitcoin has gone up 100% on Mintpal.  It's now worth 2 Satoshi!  Bwahahahaha!

http://i1.ytimg.com/vi/3l_9yH4oEAY/0.jpg

That's too easy!  I'll leave this reward for someone else!

C'mon people!  Play along!

Sankyo very much Judge!

I just bought 24,100SC on Poloniex.  I swept up some BTC dust from selling a few DRK and MZC and went for it..

That lumbering camel makes me laugh!

SilkCoin:  Don't bust your hump for anything less!

I can't vote on Mintpal.  No trading history there yet.   

One DRK on its way to ya Judge.  I'm a man of my word.  That should net about 3400SC.

Is there a DRK/SC direct exchange somewhere?   

I've got some DRK or MZC for ya Judge, if'n you're interested.

Judge Crypto is most generous. 
Thank you!

claim: newcomer
claim: signature

Let's see if that works!

Those having a problem with the Windows wallet BTCtalkcoin-qt.exe crashing, I had that issue as well.  My solution as follows seemed to take care of it.

With the wallet program shut down, do the following:

In Windows File Explorer go to the address: C:\Users\\AppData\Roaming\BTCtalkcoin
(Replace in the address line above with your Windows username.)

Delete ALL files from the directory INCLUDING the database directory.

Create the BTCtalkcoin.conf in this directory as documented in this thread, containing the following lines:
server=1
listen=1
rpcuser=user
rpcpassword=pass
rpcport=50554
addnode=108.61.103.155

Restart BTCtalkcoin-qt.exe.

I'll keep the reply shorter this time.  You have a substantial misunderstanding of the system I am designing and using.

I am currently using this method of water cooling.  It works as designed.  NO airflow AT ALL is required.  NO garage modifications are required, short of adding some plumbing.  The heat is transferred to the water by waterblocks.  The heated water is then returned to the tank.  When the water in the tank is too hot to keep the miners at optimal temperature, the hot water is DISPOSED down a drain.  The heat leaves with the water.

The purpose of the thermal mass water tank is to recirculate the water until it reaches the temperature where disposal is warranted.  The disposed water is replaced by fresh cold water from the water main at a much slower rate due to recirculation of the tank of water.  This is not a closed system like a cars water cooling system which has to dispose of the heat to the air.

When I was running the miners with just fans, I just opened the bottom of the garage door to exchange air.  That worked fine, but I know worse is coming.  That was when I started designing this water cooling system.  The garage only heated up so severely when the garage was closed up AND the miners are running with fans only.  That is not the way I run the miners.  It was an experiment to see how fast the heat accumulated.

The 70F degree air outside right now is NOT the concern.  It is the 85+F temps that are coming that are the problem.  When starting with such temps no amount of air exchange between indoors and outdoors will cool the miners below the ambient temperature.  In fact, considering the 570+ watts of heat dissipation by the miners, the chips have little chance to get below 70C (158F).  As I noted above, I have observed significant performance degradation, malfunctions and even chip failures begin when the S1 web interface is reporting temps of 60C (140F) or higher.

End of thread derailment.

Yes, 70F outside is far from a crisis for the miners, it's just a harbinger of what is to come.  Perhaps you like your house at 85 to 95F; I, and especially my wife, do not.  We are Minnesotans.  We are used to temps of 10F outside, not 100F.

I keep my miners in the garage.  The garage doesn't have any windows.  I prefer not to advertise the fact that I have lots of nice electronics in there.  With the door closed and it's upwards of 70F outside, my miners (Ten S1s and six Cubes) bring the garage to 85F in under a half hour and the miners' temp sensors quickly head north of 75C.  The cubes drop 10GH apiece at the high clock rate.  They don't have temp gauges that I can see via the web interface.  When the Cubes go over whatever is their maximum temp, they drop down to the low clock rate.  The error rate of the S1s increases from under 100 per hour to several ten thousand per hour.  The number of invalid/discarded/rejected shares jumps from tens to tens of thousands.  Then the chips on all the miners randomly start getting flagged with X's a few at a time.  So no, the miners are not happy at 50C or higher ambient temps.  When it hits 80F and 90F outside, forget it, the garage turns into an oven.

Secondly, I doubt your miners are doing "just fine."  I'd be interested what temp the S1s are reporting on their miner status web page.  If the room is already 50+C, I'd bet they are running at 70 to 80+C.  At those temps you can look forward to cumulatively degrading hashing rates and/or chips failing.  Me, being an electrical design engineer, I want my miners to perform as best they can for as long as they can.  Right now, when they are operating below 50C, they get hashing rates around 220GH consistently, with no permanent X's on any chips.

Lastly, again, being an electronics design engineer, I tend to be a little anal about keeping my electronics running in the "low to mid" temp range stated on a devices data sheet, if I can, and stay far away from the "absolute maximum" temp range.

So, all those who like to bake their miners and shorten their useful life, you can line up with AbiTxGroup.

I'll keep it cool thank you.

Hey everybody!  Seems like things have settled down for the pool.

As irritating as all the little speed bumps of "Failsafe Mode", unreliable stats, DDOS attacks and the lack of NMC payouts have been; there is a much bigger bogeyman on the horizon... summer.  It is now hitting 70 degrees here in Minnesota.  70 in Minnesota!  That means, for most of the audience, unless you've made special arrangements (or you live someplace with almost free cooling and power, like Iceland), your profits from mining are, or will soon be, "tempered" by air conditioning costs.

I know, I will probably be pounced on by people saying "You posted that in the wrong forum topic", but I think this forum topic is read by enough people to at least get an indication of the level of interest in my idea.

Being an engineer, I decided I wasn't going to take summer's impact on my mining (and my wallet) "laying down."  So, I started thinking about ways to I dispose of the heat generated by my miners without dumping it into the air inside the house, or, more accurately, paying for more electricity to pump it into the air outside.

My friends are telling me things like "immerse your miners in oil" and crap like that, but, in the end, the heat still has to be sent outside of the house somehow.  The only solution I could devise is the same one the nuclear power generators use... heat up water and dump it outside.  Unfortunately, I do not have access to a river to use water from there, not to mention what the DNR would say, so tap water is what I will use.

I know, I know.  I can hear people gasping and saying something like "Waste water!  Isn't that, like, a Cardinal Sin or something!  In California that's a flogging offense!"  True, it is wasteful; but no more wasteful then the additional carbon footprint resulting from generating the electricity to do the mining and the extra electricity it takes to remove the resulting heat from the house (or data center, ahem Ghash).  Since I don't have the finances (or the land-use variance from the condo association) to create a deep-earth-based heat-pump cooling system, wasting tap water will have to do.  In Minnesota (sorry California), water is cheaper than electricity.  Also, I'm using a 340 gallon tank of water for thermal mass, but it wouldn't have to be that large.  So, the water wasted will be slowed to a trickle in and out of it to keep the water in the tank reasonably cool.

I've done considerable research, design and prototyping, and I've come up with a viable, cost effective water cooling solution.  I've found a source that manufactures waterblocks (that don't cost a right arm) sized to fit the Antminer S1 and ASICMiner Cube, since those are the miner models I own.  I couldn't sell the cubes now that summer is coming and the Bitcoin difficulty level is out near Pluto.  The waterblocks from that same source could also be tailored to fit the other larger miners as well.

If you've read this far you must find the idea intriguing or angering.

If you find it angering, please forget you read this.

Those of you that find it intriguing, I'm looking for some feedback.

I'm thinking of offering pre-designed complete water cooling products for the larger miner hardware.  Do you see a market?

I'll create a forum topic as appropriate as the implementation nears completion and I can offer some pictures.

Thoughts?  Feedback?  Interest?  Please PM me.