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Showing 20 of 90 results by irrational
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Board Pools
Re: Lets Join Forces And combine our GH to make some Bitcoin
by
irrational
on 20/04/2014, 05:23:29 UTC
The more GH/s power you have during each shift the more shares you earn..  you get a bigger reward for each shift for more shares.

Misleading.

It's true that "The more GH/s power you have during each shift the more shares you earn", but pooled mining doesn't give any one miner more hashing power. All pooled mining is about is reducing individual variance, not increased earnings.

This has scam written all over it.
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Board Pools
Re: [185 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
by
irrational
on 16/04/2014, 01:32:59 UTC
A difficulty 1 share.

That target is 2^(256-32)-1, the maximum possible target for most hardware (H=0).

That message is printed when a miner returns work that doesn't match the target it was sent, meaning that there's a bug or other problem.

EDIT: That returned work has a hash that isn't low at all. What mining hardware are you using?

Thank you very much for that info. That was my fear.

As for hardware, I'm using Antminer U2s. But, I don't think the hardware is sat fault. If I point my Ants (via Bfgminer) directly at p2pool, it works. I don't get those messages, and the p2pool stats page displays a local hash rate.

This problem arises when I first point my miners to a proxy I'm writing, and then the proxy talks to p2pool. The stratum communication looks identical to me:

Message to p2pool:
Quote
{"params":["12uCQa1rEBxQutWUkXE2AA6LnhfrAPJpgF","226858380923200241282647501746235717849","08000000","534ddc22","b9609317"],"id":800,"method":"mining.submit"}

Response from p2pool:
Quote
{"id":800,"error":null,"result":true}

And then in p2pool's console output I see these:

Quote
2014-04-15 20:26:07.905276 Worker 12uCQa1rEBxQutWUkXE2AA6LnhfrAPJpgF submitted share with hash > target:
2014-04-15 20:26:07.905412     Hash:   ef95748110ef4e9612d216da2cb08d1de41e28b872d7761aaff7db538d1f084b
2014-04-15 20:26:07.905520     Target: ffffffffffffffffffffffffffffffffffffffffffffffffffffffff

I'm still trying to debug what I've done wrong, but I figured stopping in here and double checking my understanding of p2pool's message was a good start.

Still confused as to why I'm getting a "result: true", despite p2pool claiming the hash doesn't meet difficulty 1 though.
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Board Pools
Re: [185 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
by
irrational
on 16/04/2014, 01:14:19 UTC
In the p2pool log, I'm seeing a ton of these:

Quote
2014-04-14 21:10:16.531268 Worker 12uCQa1rEBxQutWUkXE2AA6LnhfrAPJpgF submitted share with hash > target:
2014-04-14 21:10:16.531393     Hash:   93b4405c1ef4a1104a9a26bf30cbce5034847d7a6d5cb6babc8792326ef6b0ce
2014-04-14 21:10:16.531472     Target: ffffffffffffffffffffffffffffffffffffffffffffffffffffffff

I've tried reading through p2pool's source, but Python isn't my thing and the code doesn't appear well structured IMHO. So, it was hard for me to tell if "target" referred to:

a) A Bitcoin block target - unlikely
b) A p2pool share - my first thought
or
c) A difficulty 1 (or x) share - my fear

Surely somebody knows which it's referring to?
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Board Pools
Re: [185 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
by
irrational
on 15/04/2014, 04:11:15 UTC
So, I'm in the process of writing on Stratum client, and I'm getting some odd results from p2pool.

In the p2pool log, I'm seeing a ton of these:

Quote
2014-04-14 21:10:16.531268 Worker 12uCQa1rEBxQutWUkXE2AA6LnhfrAPJpgF submitted share with hash > target:
2014-04-14 21:10:16.531393     Hash:   93b4405c1ef4a1104a9a26bf30cbce5034847d7a6d5cb6babc8792326ef6b0ce
2014-04-14 21:10:16.531472     Target: ffffffffffffffffffffffffffffffffffffffffffffffffffffffff

I've tried reading through p2pool's source, but Python isn't my thing and the code doesn't appear well structured IMHO. So, it was hard for me to tell if "target" referred to:

a) A Bitcoin block target - unlikely
b) A p2pool share - my first thought
or
c) A difficulty 1 (or x) share - my fear

My first guess was B, as my transactions with P2Pool have looked like this:

Quote
{"params":["12uCQa1rEBxQutWUkXE2AA6LnhfrAPJpgF","142929675283333299491430029355155482840","39000000","534c9506","d9d444d8"],"id":43,"method":"mining.submit"}

And P2Pool's response:

Quote
{"id":43,"error":null,"result":true}

So, it appears to be giving me a thumbs up, and my miner is happily mining away. Unfortunately if I visit http://localhost:9332 in my browser, it reports my local rate as 0. Thusly why I'm starting to fear C  Sad

Any thoughts? I hope I made sense of that all.
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Board MultiBit
Re: Multibit turned out to be a scam
by
irrational
on 10/04/2014, 02:05:56 UTC

Don't be stupid and put lots of money you can't afford to lose into Bitcoin which is needed to support your family.

I agree to a point, but isn't Bitcoin supposed to be "over throwing fiat"? I mean, when I deposit cash in my bank I don't think about the what-ifs of if the bank went belly up. And, if Bitcoin is supposed to be better than this, then a simple wallet app losing his money is unacceptable. We should _at least_ have reliable wallets, and shouldn't have to second guess if the app itself is going to eat our coins.

That's my 2-cents from reading the article.
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Board Pools
Re: Stratum protocol discussion
by
irrational
on 10/04/2014, 01:39:38 UTC
Meanwhile we have the retard doing rubbish like this to try blocking the dissemination of information about Stratum:
https://en.bitcoin.it/w/index.php?title=Stratum&action=historysubmit&diff=46202&oldid=46194

I cannot rationalize those changes, short of malice.
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Topic
Board Bitcoin Discussion
Re: My daughter (7) learns about Bitcoin
by
irrational
on 06/04/2014, 20:41:31 UTC
http://bitcoinowl.com/sites/default/files/styles/500px_wide/public/field/image/phaedra-holding-bitcoin-paper-wallet.jpg?itok=q4HPBnvs

My second grader daughter Phaedra is learning about money at school and she got interested in that small black box that on daddy's table when I told her that it prints out wallets that can hold a new form of money: Bitcoin.

See here how she interpreted what Bitcoin is: http://bitcoinowl.com/bitcoin-explained-7-year-old

I tried telling my 6 year old about Bitcoins... but the moment he realized "mining" had nothing to do with Minecraft, I think I lost his interest  Smiley

Just sent a small tip.
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Topic
Board Bitcoin Discussion
Re: Are girls using Bitcoins?
by
irrational
on 05/04/2014, 18:45:59 UTC
Any girls in the house

or

is this a Man's world?

Girls... not sure. Women, yes.

potatoe potaatoe...

Let me guess... single?  Cheesy
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Topic
Board Bitcoin Discussion
Re: Are girls using Bitcoins?
by
irrational
on 05/04/2014, 18:29:45 UTC
Any girls in the house

or

is this a Man's world?

Girls... not sure. Women, yes.
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Topic
Board Pools
Re: Stratum protocol discussion
by
irrational
on 05/04/2014, 17:06:47 UTC
Did you miss this sticky post?

I DID!!!!

Thank you!

Since we're talking drafts, and implementation. Both that sticky, and I think Slush's website, mention HTTP Poll as an optional transport mechanism. Do any mining apps support HTTP Poll? Standard TCP sockets seems to be the prevailing implementation.
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Board Pools
Re: Stratum protocol discussion
by
irrational
on 05/04/2014, 11:38:54 UTC
Forum posts are not documentation.

As someone who's working on a Stratum implementation right now, I must say this is a VERY narrow view of reality.

I've been using the following resources to gain my knowledge of the protocol:
https://bitcointalk.org/index.php?topic=55842.0
https://bitcointalk.org/index.php?topic=108533.0
http://mining.bitcoin.cz/stratum-mining
https://www.btcguild.com/new_protocol.php

Notice how 50% of those links were forum posts   Cheesy

But, I'm guessing none of the discussion here counts as documentation either and can be entirely ignored  Wink
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Topic
Board Bitcoin Discussion
Re: Why satoshi doesn't come forward
by
irrational
on 05/04/2014, 00:39:49 UTC
If not a prank, his recent post on not being Dorian, clearly shows he stepped forward to defend a man that was in REAL danger of being killed for his supposed wealth/ worshiped to death by the bitcoin fanatics.

Satoshi hasn't posted since 2010, so I'm not sure what you're rambling on about.

https://bitcointalk.org/index.php?action=profile;u=3;sa=showPosts
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Board Exchanges
Re: Bitstamp hacked - COINS STOLEN
by
irrational
on 04/04/2014, 08:41:35 UTC
just wait - in a few hours it is all anybody will be talking about.

and i want the price to go up...or if anything, stay the same....but i absolutely do NOT want it to keep going down.

Then how did you come by your knowledge? Seems fishy to have super secret knowledge nobody else has.

I, for one, have a hard time believing an account with a post count of 6 had such "inside information". But, feel free to actually /prove/ me wrong.
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Topic
Board Bitcoin Discussion
Re: I'll chime in finally with a doozie..
by
irrational
on 04/04/2014, 08:34:55 UTC
I am one of the top losers of coins on Gox. 

Proof please. Newb account claims to have one of the top amounts of coins on GOX.

 Roll Eyes

i can confirm it. before mtgox went out of business, i as well was one of the top account hodler and as such i know mr wolfofbitcoin very well.

This statement doesn't make sense. Was there a club for gox high rollers? Lol.

Either way, OP misses the point that Gox wad /his/ fault, in part for leaving a balance in such a shady company. I mean, DANG.... There is a reason the term Goxed was a thing BEFORE their last goxing.
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Board Exchanges
Re: Bitstamp hacked - COINS STOLEN
by
irrational
on 04/04/2014, 08:27:41 UTC
Do you have any links to support your claims? I'm not seeing anything on their website.
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Topic
Board Bitcoin Discussion
Re: Pre-Paid visa card to Bitcoin?
by
irrational
on 04/04/2014, 08:25:43 UTC
If it has a PIN you could always unload it to Bluebird and the purchase Bitcoin as normally.
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Topic
Board Bitcoin Discussion
Re: What percentage of your wealth is in Bitcoin?
by
irrational
on 04/04/2014, 03:48:19 UTC
0.16% of my total assets are Bitcoin, and happy with my level of diversification.
Post
Topic
Board Pools
Re: [185 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
by
irrational
on 04/04/2014, 02:12:16 UTC
I know its been a long wait, but now it should only take about one more day to get a block.  Just FYI.


My calculations agree, we've got about 1 day to go! Ask me again in 12 hours and I'll tell ya the same  Wink
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Topic
Board Bitcoin Discussion
Re: Bitcoin should BAN China
by
irrational
on 31/03/2014, 12:18:59 UTC
Guys we should form a movement and reverse the table on China. Lets form a group and BAN China from using bitcoin  Grin.
It will be hilarious, If we actually manage to create such a group it will be very good publicity for bitcoin.
I know bitcoin is decentralized but the the thought of sending a message to those A$$holes puts a smile on my face.

Dude, that's a pretty racist thing. You do realize that the actions of the Chinese government and a few Chinese individuals are not representative of 99% of the population?

It's like saying that Bitcoin should ban Americans because of the IRS and Wall Street.

The irony really is that it's cases like this when those countries need Bitcoin the most.
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Topic
Board Pools
Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread)
by
irrational
on 30/03/2014, 19:47:12 UTC
this pool doesn't seem to payout the way it explains itself..  been watching it like a hawk the past week and seems payouts has a mind of its own

a detail on the mechanics (not the theory) would be useful since it doesn't seem to behave in practice as it is intended... basically it seems all accumulated work gets held ransom regardless of current block luck cycles which in theory should be paying out portions past your pay threshold but in practice it just sits there and says you are going further and further behind as if all your current work is old work that has to wait for super luck to include you .. and that doesn't even seem to trigger it either

it is broken

That is how it's designed to operate. Each share will never receive 100% of it's value paid, so therefore each share will forever sit around in some partially unpaid state. It's a highly convoluted way of charging operating fees without using the word "fee".

Not that fees are bad, they're needed to cover all sorts of things - especially in (effectively) a PPS pool... just misleading the way it's currently advertised.