Why the denominator is 399,962 rather than 400,000?
When GLBSE went belly up, there were some unclaimed shares. If you look at the last dividend payment, there were only 399,962 shares paid out.
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BoardSecurities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
ning
on 03/05/2014, 02:25:31 UTC
@Jutarul, Thank you.
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BoardSecurities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
ning
on 17/04/2014, 08:27:06 UTC
The advantage of applying immersion cooling is mostly spatial [1]: it saves space by allowing a very high energy (hashing) density, and it loosens the constraints on where the miner rigs can be deployed. However, space doesn't seem to be a bottleneck as of now, but it might be in the (near) future. With immersion cooling the cost of the cooling fluids will become a nonnegligible (if not major) part of the whole operation, a consistent and calculated design of the PCB boards and the metal cooling tanks can minimize the consumption of cooling fluids and thus reduce costs. So, there's a lot of work to do other than manufacturing efficient hashing chips.
I have a homemade Erlang implementation for key generation, signing, and verifying. It's basically a set of functions without any inheritance. The thing is, for your case, it's written in Erlang.
I would still like to take a look at it if you have the source code available online.
The verifier is in the public domain (https://github.com/ningzhang/bitcoin-message-verifier). I haven't put up the source code for signing and key generation online, but I can send you a copy later today. Please PM me your email address if you want to take a look at it.
I have a homemade Erlang implementation for key generation, signing, and verifying. It's basically a set of functions without any inheritance. The thing is, for your case, it's written in Erlang.
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BoardSecurities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
I'm still kind of new to this Bitcoin business, so I have a question. Is a person able to buy Bitcoins from someone else, then turn around and sell them to yet another person?
Rather this is a very good time to buy. By coming september bitcoin will touch 1000 USD again
We never know for sure until the day comes. Market behavior is hardly predictable.
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BoardBitcoin Technical Support
Re: Specific Address Wallet?
by
ning
on 28/03/2014, 10:45:30 UTC
I think OP's requirement boils down to keeping one's private keys safe.
... ... were all stored offline and separately. ...
Things need to be used online can be exposed when being used online even if they are stored offline.
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BoardService Discussion
Re: every exchange will be hacked?
by
ning
on 28/03/2014, 10:25:41 UTC
There's a possible solution to this: pull all the funds off-line and ask customers to digitally sign all the actions (buy orders, sell orders, and order cancellations, etc.), and perform manual withdrawal.
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BoardOff-topic
Re: MS-DOS is open source now
by
ning
on 27/03/2014, 07:22:01 UTC
Thanks for sharing it. I didn't expect to come across this on a Bitcoin forum.
... What I really want is a permanent address where anyone can deposite to get the specified job done any number of times. ...
Using the message signing feature of Bitcoin-Qt can be a possible solution. It works like this:
1) A customer sends x coins from address AddrC to the merchant's address AddrM;
(Now the customer needs to prove that she did send the fund)
2) The merchant generates a unique token (can be a random string) and asks the customer to sign it with the private key to AddrC; 3) The customer signs the token and the merchant verifies it;
(Now the merchant knows who sent her the fund)
4) The merchant delivers her product or services.
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BoardSecurities
Re: Looking for investment of ~2500 BTC for music festival, return = ~150,000 BTC
by
ning
on 27/03/2014, 05:40:35 UTC
Earning Bitcoins in the future will likely to be hard, we have no idea what the exchange rate will be in five years.
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BoardEconomics
Re: The solution is obvious
by
ning
on 27/03/2014, 05:31:09 UTC
Bitcoin doesn't have to be breaking through in terms of dollar price in the first place, does it?
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BoardSecurities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
I was kinda hoping for some dust this week. Guess I am disappointed.
Look, rockxie was in a rush to get that IPO in. That means he really wanted to get that first batch of chips. With that first batch sold out, we're looking at around 4000 BTC or about 0.01/share in the coming weeks. Just gotta wait with baited breath...