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I love it because I believe it truly has the power to bring equality to the world. Individuals who have been previously barred from participating in the world's economy can now start.
The implications of trustless distributed transactions are mind blowing and I believe we haven't yet scratched the surface.
The implications of trustless distributed transactions are mind blowing and I believe we haven't yet scratched the surface.
What gives me hope for bitcoin is that it opens up financial services to individuals from around the world that previously had no access. This, no doubt, will increase innovation and raise the standard of living for all.
Thanks everyone for your responses! I truly appreciate your time. The survey is still up if you're interested.
We've also added some more information about our service offering here.
Cheers!
We've also added some more information about our service offering here.
Cheers!
It is an interesting idea, I'm just not sure how it would be received by the employers point of view. Not that it would be a problem just might be something worth taking into consideration. I'm sure this type of thing has pop'd in your mind before but I figure it is worth mentioning.
Hi! Great question.We're trying to make this as seamless and easy as possible. So, for your employer it will function just like you are splitting your pay into two separate accounts. Your employer will put in after-tax dollars and you will get bitcoin. But your employer just sees it as another account.
I guess the question is, what is the point? We can already take any portion of our pay and purchase bitcoins with it, no need to set up direct deposit and all that.
Perhaps more importantly, bitcoin is simply too unstable for this at this time. Speculating in bitcoin is all well and good, but I don't know that too many people want to gamble say, their next mortage payment on it.
Perhaps more importantly, bitcoin is simply too unstable for this at this time. Speculating in bitcoin is all well and good, but I don't know that too many people want to gamble say, their next mortage payment on it.
The volatility of bitcoin is one of the reasons I wanted to be involved with a payroll-to-bitcoin service. By purchasing smaller amounts of bitcoin over time you lessen the risk of investing a large amount in a single investment at the wrong time.
The idea is that you would not take all of your pay in bitcoin, but only the portion you wanted to invest.
hope your fully regulated and your bank account is a business bank account with all the red tape covered. otherwise i would have to warn people not to link their direct deposits to this as they could be shut down anytime.
so please prove me wrong by revealing evidence of the government red tape.
i would dox you myself tom, but in a fair and ethical business, its best they do it themself, just to show some transparency and honour
no need to reply with negative comments. all that is needed is company registration details with your state and financial registration numbers and your golden
so please prove me wrong by revealing evidence of the government red tape.
i would dox you myself tom, but in a fair and ethical business, its best they do it themself, just to show some transparency and honour
no need to reply with negative comments. all that is needed is company registration details with your state and financial registration numbers and your golden
I have to agree that regulatory risk is often overlooked, and is ultimately as important as security when dealing with bitcoin. We currently are not offering any services, we're simply gathering information. However, the company, Paybits LLC, is a Nevada LLC (NV20131463848) and Paybits is registered as a MSB (Registration number 31000038663928).
Cheers!
Yeah that's pretty slick. Can you guys also create a bitcoin bill payment system?
Bill payment would be very cool, but initially we want to do one little thing (direct deposit to bitcoin) and make it really great!
Hello All!
Would you like to receive some or all of your pay in bitcoin??
I'm working with a company creating payroll-to-bitcoin service. Essentially, it takes your direct deposit, turns it into bitcoin, and then sends the bitcoin to an address you control.
We're trying to get some initial feedback and we've create a super short survey.
http://paybits.net
Cheers!
Would you like to receive some or all of your pay in bitcoin??
I'm working with a company creating payroll-to-bitcoin service. Essentially, it takes your direct deposit, turns it into bitcoin, and then sends the bitcoin to an address you control.
We're trying to get some initial feedback and we've create a super short survey.
http://paybits.net
Cheers!
Hello All!
I am selling a 2011 25 BTC Casascius Coin. The coin is fully funded with the hologram intact.
I would prefer an in-person exchange for btc. You deliver btc, I deliver the coin. I will fly to your location for this exchange.
All reasonable offers considered.
I am selling a 2011 25 BTC Casascius Coin. The coin is fully funded with the hologram intact.
I would prefer an in-person exchange for btc. You deliver btc, I deliver the coin. I will fly to your location for this exchange.
All reasonable offers considered.
Hey All!
Previously, I created a Mt Gox Chrome extension so I could see the latest price.... Well we all know how that turned out.
So I created a new extension based on the data from bitcoinaverage.com
Free for all!
https://chrome.google.com/webstore/detail/btc-price-ticker/nakkhdibeajbodmndmgcedkhhchopggn
Enjoy,
Optimator
Previously, I created a Mt Gox Chrome extension so I could see the latest price.... Well we all know how that turned out.
So I created a new extension based on the data from bitcoinaverage.com
Free for all!
https://chrome.google.com/webstore/detail/btc-price-ticker/nakkhdibeajbodmndmgcedkhhchopggn
Enjoy,
Optimator
Is in a Data Center?
There is any chance to leave it at Data Center? How much per month it may cost?
All the best!
TMC
There is any chance to leave it at Data Center? How much per month it may cost?
All the best!
TMC
YES! it's fully setup for vpn access and remote reboot of all miners.
Leaving it in the DC would be a possibility.... but I don't want (or can't be) "that guy" to go to the DC. And we'd still need to arrange shipping to somewhere when the contract is over in September.
OP - how long is the hosting paid for at the Datacenter? Would that be transferred?
I might be interested in working something out that includes hosting in the datacenter. The contract goes until about September.
Are you running this in a resedential building? I have the space, but can consumer outlets/breakers even power this much equipment in one place or did you have to hire an electrician.
No, this is a Tier 4 data center.
IANAE (I am not an electrician) but I'd guess running a residential 20 amp circuit at 80% capacity, you'd need 6 - 7 circuits to run the full stack, maybe 8 is you couldn't nail the 16amp 80% target equally among 7 circuits.
I'm using multiple PDUs like this:
What's the total wattage on this?
I have 44.2 amps on 205v and 16.8 amps on 110v - That should be about 10,909 watts measured at the wall. There's probably some extra wattage for hubs, firewalls, pdu, etc. so call it 10KW.
Did you mean 44 amps at 208/240 and 89 amps at 115/120?
I mean..
44 amps at 208V (44A x 208V = 9152W)
17 amps at 120V (17A x 120V = 2040W)
So, 11.1KW, minus 500W or so for other stuff.
What's the total wattage on this?
I have 44.2 amps on 205v and 16.8 amps on 110v - That should be about 10,909 watts measured at the wall. There's probably some extra wattage for hubs, firewalls, pdu, etc. so call it 10KW.
I'm selling it all
(4) Avalon Gen 1 Units @ 80 Gh/s each = 320 Gh/s
(1) Avalon Gen 2 @ 80 Gh/s = 80 Gh/s
(2) BFL SCs @ 60 Gh/s = 120 Gh/s
(9) BFL SCs @ 55 Gh/s = 495 Gh/s
(2) KNC Jupiters @ 550 Gh/s = 1100 Gh/s
(2) KNC Saturns @ 220 Gh/s = 440 Gh/s
(2) Redhash Avalon Clones @ 105 Gh/s = 210 Gh/s
(2) Bitfury @ 550 Gh/s = 1100 Gh/s
TOTAL: 3865 Gh/s of ASIC Mining HARDWARE!
NOTES
THE NO BS SUMMARY
You get 3865 Gh/s of working mining equipment with everything you need to make it work, except the OS for the 2 raspberry PIs (because I'm running modified OSs). It's available NOW. Shipping at your cost. Escrow preferred.
TERMS
RIG PORN
Not all the rigs, but you get the idea...
(4) Avalon Gen 1 Units @ 80 Gh/s each = 320 Gh/s
(1) Avalon Gen 2 @ 80 Gh/s = 80 Gh/s
(2) BFL SCs @ 60 Gh/s = 120 Gh/s
(9) BFL SCs @ 55 Gh/s = 495 Gh/s
(2) KNC Jupiters @ 550 Gh/s = 1100 Gh/s
(2) KNC Saturns @ 220 Gh/s = 440 Gh/s
(2) Redhash Avalon Clones @ 105 Gh/s = 210 Gh/s
(2) Bitfury @ 550 Gh/s = 1100 Gh/s
TOTAL: 3865 Gh/s of ASIC Mining HARDWARE!
NOTES
- The 55 Gh/s BFL units were intended as a replacement for a minirig. For whatever reason they were spec'd at 55 Gh/s
- The power supplies on the Avalons have been upgraded to Corsair 850
- Power supplies for bitfury are included - both are Corsair 850W
- Power supplies for all KNC Jupiters are included Corsair 850W
- Power supplies for all KNC Saturns are included (Not sure but I think they are the Avalon Power Supplies)
- 2 Raspberry Pi units with powered USB hubs are included (The OS is not)
- All units have been in a data center
THE NO BS SUMMARY
You get 3865 Gh/s of working mining equipment with everything you need to make it work, except the OS for the 2 raspberry PIs (because I'm running modified OSs). It's available NOW. Shipping at your cost. Escrow preferred.
TERMS
- 35 BTC for everything
- I prefer to sell everything as a single lot
- Price does not include shipping.
- PM me if you are interested in picking it up (located in Western US)
- Unless you are willing to send first, let's use escrow
RIG PORN
Not all the rigs, but you get the idea...
Re: Hoping someone can make a 100% pre-mined coin for my class
Well, if there's no value, you might just consider running testnet-in-a-box
http://sourceforge.net/projects/bitcoin/files/Bitcoin/testnet-in-a-box/
http://sourceforge.net/projects/bitcoin/files/Bitcoin/testnet-in-a-box/
I'm interested in tracking sent transactions, not received.
Just to be clear (Sorry if this is obvious...) a sent transaction uses both inputs and outputs to create the transaction. If you want to track the sent transaction you need to track the TxIns and TxOuts.
See - https://en.bitcoin.it/wiki/Transactions
Can someone clear something up for me.
Given that the txid is unreliable for tracking purposes, what is the best way to track the status of a transaction automatically?
Given that the txid is unreliable for tracking purposes, what is the best way to track the status of a transaction automatically?
The txid is only mutatable until it's included in a block. Then the Txid is immutable.
Therefore, I'd characterize the question as "How do you track a transaction from creation until inclusion in a block?"
The current solution I'm working through is
1. You track the inputs/outputs (or if you are manually creating a transaction then maybe the rawtransaction)
2. Optionally store the intermediate TxId
3. Wire up bitcoind using -blocknotify
4. Scan each incoming block for your inputs/outputs
5. If #4 finds a match then you assume the transaction is the same as the one you generated
6. Store the TxId from #5 replacing the TxId from #2 if necessary.
However, I'm uncertain if the match logic used in #4 is guaranteed to be unique.