Search content
Sort by
Showing 20 of 22 results by devt
"If you don't own the private keys to the wallet containing Bitcoins, you don't own Bitcoins."
Put your BTC in brain wallet. Tell IRS "I don't have the private keys to that address".Impossible for them to legally prove you are the owner of those BTC.
You pay no taxes.
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
I see there is a lot of estimated unexchanged balance since yesterday, about half of total. Is this another dead coin or maybe just unresponsive exchange api?
I don't see ops image, but I just want to say that if it ever comes to a situation, where a few people control most of the miners, people would notice that long before. And they would do something about it.
Who are mining currently, do it with the hope that the Altcoins are revalued in the future to obtain the ROI.
Nope, electricity does not cost the same everywhere. Also some people have a flat rate monthly electrical bill.And the problem with your idea is that you have to wait 1 year to get profit. The coin could die during this time, then you get nothing.
From what I understand, what is(was) hard to build is a cost-effective scrypt asic. GPUs are cheap because they are being built by the thousands already.
Creating a new chip means someone has to design it, test it and then produce it as cheap as possible. Otherwise you get too expensive units, which no one will buy.
Creating a new chip means someone has to design it, test it and then produce it as cheap as possible. Otherwise you get too expensive units, which no one will buy.
I think there's also one other factor that hasn't been mentioned yet. You also have to take into account the network hash rate of the coin, and how lucky/well the pool your in is doing in that coin. From my own experience in the last few months of mining, this varies greatly coin to coin, and even pool to pool in the same coin. The only real way to compare algo's IMO would be for two coins to have the same network hash rate divided exactly the same over the same pools. The coins would also have to have the same block payout and block target times too, or it wouldn't be a accurate comparison.
No, you can just compare the BTC that you would get when mining and trading that on an exchange.If someone knows what is more profitable, they probably wouldn't say it right?
Anyway IMO all these coins with different algorithms will be worth more once more (powerful) asics come.
Anyway IMO all these coins with different algorithms will be worth more once more (powerful) asics come.
Energy is there to be used. If you think that every bit helps, then stop driving a car, stop using a computer, use candles instead of light and so on. Because if you don't you are just a hypocritical hippie.
Reminds me of people who buy lots of RAM, then do everything to make sure the computer never uses more than 10% of it...
Reminds me of people who buy lots of RAM, then do everything to make sure the computer never uses more than 10% of it...
I see that there is a big unification towards the "millibit" terminology, but I think that is too confusing for the average person. In the united states, we have resisted switching to the Metric system because "it's just too damn confusing." (which is insane, because inches and feet are arbitrary. We should have switched to the metric system ages ago.)
Maybe the average person in US. But fortunately, everybody else uses the confusing metric system and since bitcoin is a global currency that just seems fair. Besides, you don't have prefixes in imperial system (at least afaik) and no one wants to own 50 foot bitcoins.Re: MtGox remedy worse than the disease says Kaspersky researcher
MtGox is allowing users to check their balance now.
Seriously is Mark really trying peoples patience?
Is the site legit? I don't want to give my password to any hackers.Seriously is Mark really trying peoples patience?
Re: Compare profitability - Waffle,Clever,Middlecoin,ScryptGuild,Vertco.in,GHash.IO
There's a big problem with small miners for ghash. They charge me 0.001btc to withdraw funds. Minimum 0.01 withdraw amount. So if you have like 1mhs and want to be paid every 2 days or so, thats about 10% fee on your total hashrate.
Fees that have different impact whether you're small or big could be a good thing to note
Why would you want to withdraw so many times and loose coins on transaction fees?Fees that have different impact whether you're small or big could be a good thing to note
Re: Apparently GHash is having a promo, doubling LTC profitability for one week.
I went to cex.io/r/0/Virosa/0/, registered, clicked the ltc tab, was easy to setup and i apparently already made a small fragment of a LTC.
I saw there was some flame about Ghash because they were going to get 51% of BTC miners. Are they trying to get monopoly on LTC by paying 200%?
So far it seem legit, you can easily withdraw LTC balance and the khash and payout seem to be instant/whenever requested.
Is this too good to be true?
Nope, newly registered users have to wait 48h to withdraw. It might not seem long, but it's just stupid.I saw there was some flame about Ghash because they were going to get 51% of BTC miners. Are they trying to get monopoly on LTC by paying 200%?
So far it seem legit, you can easily withdraw LTC balance and the khash and payout seem to be instant/whenever requested.
Is this too good to be true?
I have some questions about PoS. So if I understand it correctly, I will get 1% of any coins that stay in the wallet for 30 days or more, is this correct?
Does the wallet need to be running for 30 days for it to work?
Does the wallet need to be running for 30 days for it to work?
Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows
I just logged out and back in with no problems. Check if you have an overprotective browser plugin and maybe open an exception for the hashcows website?
Thanks, I could log in on another pc.Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows
@nearmiss
I can't login to hascows anymore, when I press login nothing happens. How can I fix this? Looking at it with firebug, seems like some javascript is missing.
I can't login to hascows anymore, when I press login nothing happens. How can I fix this? Looking at it with firebug, seems like some javascript is missing.