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Showing 20 of 944 results by dust
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Topic
(Unknown Title)
by
dust
on 25/01/2020, 02:20:00 UTC
I have added a new vent with a 80mm fan and dryer hose.
The total power consumption for the rigs in the room is 2200Watts.

http://imgur.com/4yWfR
All you need to do is stumble and you'll kill a huge amount of hardware  Cheesy

what a fucking mess
This is the kind of picture that everyone else on the internet makes fun of bitcoin miners with.
Post
Topic
Board Securities
Re: Looking for investment of ~2500 BTC for music festival, return = ~150,000 BTC
by
dust
on 29/03/2014, 18:41:58 UTC
Post
Topic
Board Securities
Re: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
by
dust
on 19/03/2014, 07:23:52 UTC
The SEC is investigating S.DICE.  Hilarious read: http://trilema.com/2014/interacting-with-fiat-institution-a-guide/
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Topic
Board Web Wallets
Re: Blockchain with 791,558.77 BTC. Possible from Mt Gox?
by
dust
on 27/02/2014, 18:34:53 UTC
I can't find proof at the moment, but I believe this was proven to be an address controlled by bitstamp.
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Board Exchanges
Re: www.BITSTAMP.net Bitcoin exchange site for USD/BTC
by
dust
on 20/02/2014, 21:07:19 UTC
And why the very small amount of 9 thousand dollar from an already indentified customer would give any red flags regarding illegal activity? BIG LOL.
To be honest, $9000 is a pretty shady number in the world of AML/KYC.  Sad, but true.
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Topic
Board Legal
Re: Mt.Gox Multi-plaintiff Suit
by
dust
on 20/02/2014, 18:54:21 UTC
I won't support any suit that seeks preferential treatment of USD holders over BTC holders.

a good point. can someone find a different lawyer who will be happy to pursue for BTC funds?


I totally get it and I will clarify with the lawyer tonight.  ...but from his perspective, BTC is property whereas fiat is fiat.  What BTC is worth will be an additional point of negotiation and litigation, whereas USD/EUR/JPY is very cut and dry, and I'd rather have this case settled quickly before anything else falls apart.  If you're still in BTC and you'd rather try to recoup the losses so far on Gox, then, yes maybe an alternative lawyer would be better.  

From *my* perspective, I've been in fiat for a couple months, so for me, this is a no brainer.  I just want my F*ing money.  Maybe this particular suit is best for those in cash.
I understand your point of view.  The reason I have BTC stuck in gox is because my USD was stuck there for months.  I bought BTC at a 33% discount after the initial announcements about withdrawal delays because I figured my money was stuck anyway.  It is just a shame that we will be fighting each other for a share of Mtgox's assets.
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Topic
Board Legal
Re: Mt.Gox Multi-plaintiff Suit
by
dust
on 20/02/2014, 18:44:13 UTC
I won't support any suit that seeks preferential treatment of USD holders over BTC holders.

a good point. can someone find a different lawyer who will be happy to pursue for BTC funds?
I'm researching it, but no promises.  I have no experience working with lawyers and no connections, just a lot of money on the line.  It looks like it will be a battle for BTC holders against not only against MtGox but against the OP's legal team as well.
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Topic
Board Legal
Re: Mt.Gox Multi-plaintiff Suit
by
dust
on 20/02/2014, 18:14:25 UTC
I won't support any suit that seeks preferential treatment of USD holders over BTC holders.
Post
Topic
Board Speculation
Re: Is there even 1 person on this site who thinks mtgox btc holders should sell?
by
dust
on 20/02/2014, 17:50:43 UTC
It's 2014, bitcoin has gone a long way towards being legally considered money.  I for one will fight in bankruptcy court to treat BTC and USD creditors equally.

It is ridiculous that people think USD they can't get out is 5x as valuable as BTC they can't get out.
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Board Exchanges
Re: www.BITSTAMP.net Bitcoin exchange site for USD/BTC
by
dust
on 20/02/2014, 17:30:20 UTC
I am also waiting 2+ days on a response after requesting a USD withdrawal and responding to the KYC questions (which they provided promptly after my initial withdrawal request).  This is my first time withdrawing from bitstamp so I don't know what to expect.

Edit 2/20: Support replied and says the withdraw request will proceed.  USD still shows in my account.
Edit 2/21: The wire appears to have been sent.
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Topic
Board Currency exchange
Re: MTGOX <-> BTC BID/ASK
by
dust
on 13/02/2014, 04:53:09 UTC
I'm interested in buying MTGOX BTC for BTC or wire transfer.
100 BTC or $50K USD minimum trade please.

email me at roger at Memorydealers.com

PGP key here:  http://pgp.mit.edu/pks/lookup?op=get&search=0x47BD9F0E11359BD8
I see you are putting your money where your mouth is with regards to MtGox's solvency.
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Board Service Discussion
Re: Could mtgox and other exchangers be a scam?
by
dust
on 30/11/2013, 00:43:03 UTC
A mtgox rep responds to similar concerns here: https://bitcointalk.org/index.php?topic=110356.msg1202974#msg1202974
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Board Altcoin Discussion
Re: [Guide and Giveaway] Mining Protoshares on Digital Ocean and Giveaway too!
by
dust
on 15/11/2013, 09:59:57 UTC
Already have a DO account.  Looking to try out protoshares.
PqxDNnNpjKSMBgLn7Csd36LdRzvsVxfLu6
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Board Service Discussion
Re: Coinbase - where are the deposits?
by
dust
on 06/11/2013, 18:17:21 UTC
I received 6 transfers from coinbase today, it appears things are back to normal.
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Topic
Board Service Discussion
Re: Coinbase - where are the deposits?
by
dust
on 06/11/2013, 11:07:37 UTC
Hey guys - sorry for the undue worries here.

In short, we had a syntax error in the ACH file we submitted to the bank last night.  By the time we corrected it, the "bank cutoff" for the day had already past, although we submitted it only half an hour or so later.  The net effect of this is what you're currently seeing - orders marked as "completed" because we have actually sent the instructions to the bank but they won't be processed until this evening when the bank does their daily processing.  One of the unfortunate downsides of working within the traditional financial system (and their very old codebase), and why I love Bitcoin.

Wanted to make sure you guys understood what was going on!
Olaf, this issue is bigger than just a 1-day glitch.

This sell and each sell from every day after it have not arrived in my account.  On the history page, the entire transaction is marked as complete, while in the details, the bank account portion is still marked as pending.  Additionally, a sell from Oct. 28 should have arrived last thursday or friday at the latest according to Coinbase's usual estimates.


I'm not sure if this is relevant, but I recently noticed the messaging in the Sell dialog change from something along the lines of "we will transfer $X,XXX to you bank account by XX/XX/XX" to "we will wire $X,XXX...".  Has coinbase switched from ACH to wires?  Customers won't be happy with the incoming wire fees if this is the case.

Quote
In my eyes this means I should be given the BTCUSD rate on the date of Completion....
I don't think coinbase will do this.
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Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
dust
on 05/11/2013, 19:10:03 UTC
Update: Waiting over 4 months for USD wire requested July 4 within the hour of the announcement that USD withdrawals had been resumed.
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Topic
Board Service Discussion
Re: Coinbase - where are the deposits?
by
dust
on 05/11/2013, 19:05:55 UTC
I am also experiencing this issue.  My mining business has been consistently selling some BTC on Coinbase every day, and the last USD deposit hit the bank account Oct. 30.  Transactions that have not arrived are marked as completed.

Tweeted to the founders: https://twitter.com/dustcoin/status/397801153150201856
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Topic
Board Services
Re: Gigamining / Teramining
by
dust
on 14/10/2013, 22:07:06 UTC
Good thing I remembered to check this thread today.  Claim submitted for my modest quantity of shares.  What is the estimated value of a share and previous dividends these days?
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Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
dust
on 09/10/2013, 22:20:45 UTC
I haven't been following this thread closely, so I apologize in advance it has been mentioned in recent pages.

Is there any indication that USD international wires (without the 5% fee) are being processed at all?  If so, what request date is the queue up to?
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Board Altcoin Discussion
Re: mcxNOW Fee shares : Cryptocurrency daily earnings
by
dust
on 02/10/2013, 05:28:26 UTC

By selling these shares, RS is hedging his bets that his exchange will not be around that long. If he trusted in his exchange, the wise move would be to keep all the shares.


That would defeat the purpose of having shares in the first place...
If RS thought his exchange would be around for many years to come, he would not be selling shares. He would be keeping them. That tells you how confident he is in his own exchange.

This reminds me of when ASICMiner sold their 10 first blades, and people went insane and started bidding over $8000 a unit. Why would they sell something that was basically printing them money? Because they knew that avalon chips were about to go on the market, and they had already developed their nextgen ASICs. It is unlikely that those who foolishly purchased one of their blades recooped even 20% of their initial investment.

In other words, the present value of these shares is far more than the shares themselves will ever generate. You are all getting fucked over. Mark my words.

While mcxFEE shares may very well be overpriced, you can't apply same reasoning to mining equipment and shares of an exchange.  Mining equipment is a depreciating asset, that will eventually have near zero value after it is not worth paying for electricity to run it.  Therefore, it is important to consider the total dividends that will be generated before the asset value reaches zero. Businesses, on the other hand, are generally not expected to decay to zero value.  In the case of a new and growing business such as mcxNOW, earnings are expected to increase over time, thus increasing the present value of the shares.