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Showing 20 of 49 results by vaio127
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Board Beginners & Help
Re: Altcoins: PPC, TRC or FRC
by
vaio127
on 15/09/2013, 06:13:16 UTC
PPC can be somewhat annoying due to the large number of confirmations it takes, but I see it as being more beneficial than TRC and FRC due to the proof of stake implementation.
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Board Beginners & Help
Re: very newibe trying to minig - cgminer crashed
by
vaio127
on 15/09/2013, 04:32:30 UTC
"It crashed" could mean a million things.  Do you have more specific details?
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Board Beginners & Help
Re: Few Questions on Bitcoin
by
vaio127
on 13/09/2013, 00:27:16 UTC
The 'unique data' is the private key for the address.  When a client generates a new address, it first chooses a random 256-bit number (the private key), and then calculates the public key, which is the address that is used when sending or receiving funds.  Only the person who has the private key which corresponds to the address will be able to spend with it.

The Bitcoin-qt downloads the entire blockchain because it also acts as a node, passing information around and confirming transactions for the entire network.  Multibit doesn't do this and only processes information that is relevant to one of your addresses.
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Board Beginners & Help
Re: Few Questions on Bitcoin
by
vaio127
on 12/09/2013, 23:54:33 UTC
On first run, Multibit will generate a new address that is entirely localized on your computer.  If you decide not to have it encrypt your addresses, you'll still be the only one capable of using it, but there's a higher probability of it being stolen at some point.

Bitcoin-qt downloads the entire blockchain (currently about 9.5 gb) whereas Multibit does not.
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Board Archival
Re: Where can I buy bitcoins?
by
vaio127
on 12/09/2013, 18:40:58 UTC
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Topic
Board Beginners & Help
Re: Mining rig tax deduction
by
vaio127
on 12/09/2013, 18:17:17 UTC
Sounds like a decent idea, but I'm not sure an IRS agent would feel the same way if you happen to get audited.
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Topic
Board Beginners & Help
Re: Any reason why Bitcoin.org is not using SSL?
by
vaio127
on 12/09/2013, 18:00:10 UTC
No transactions take place and no accounts are created on that site, so perhaps they don't feel it's necessary to pay for an ssl certificate.
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Topic
Board Beginners & Help
Re: Introductions and n00b questions...
by
vaio127
on 12/09/2013, 17:54:35 UTC
While some would argue that Nvidia is by far the superior brand of gaming gpus, I've only owned AMD products and have been quite satisfied with both their gaming performance and their increased mining ability over Nvidia.

As for workers, it really is that simple.  Just use a different worker on the same account for each machine you're mining on, and they'll all go to the same wallet when you finish shares.
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Board Beginners & Help
Re: hardware help needed by newbie
by
vaio127
on 10/09/2013, 17:15:49 UTC
If you want to mine bitcoins, the only way to make it economical is to buy ASICs.  However, if you want to mine alt coins, a GPU rig is a good choice.

CPUs are not economical in the least anymore and will always fall short of the performance of ASICs or GPUs.
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Topic
Board Beginners & Help
Re: What is the best ASICs that are delivered today?
by
vaio127
on 10/09/2013, 17:13:39 UTC
You can search about "BFL". They make really good stuff.

Yea but good luck getting it from them this year.

You're better off buying an Asicminer blade or a KnC product.
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Board Beginners & Help
Re: How long does it take to confirm Your Balance
by
vaio127
on 09/09/2013, 02:59:31 UTC
I think it's until next block is found. 

ok so how long does it take to do a block from it's current hash rate? and how can I figure it out on my own.
It's really quite random and there's no way to know for sure.
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Board Beginners & Help
Re: How long does it take to confirm Your Balance
by
vaio127
on 09/09/2013, 00:38:05 UTC
It won't confirm until the next block is solved.
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Topic
Board Beginners & Help
Re: New guy
by
vaio127
on 08/09/2013, 21:39:48 UTC
Welcome aboard!
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Topic
Board Beginners & Help
Re: How to contact a member
by
vaio127
on 08/09/2013, 16:47:56 UTC
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Topic
Board Beginners & Help
Re: SHOW ME THE MATH (Why USB Miners are not profitable)
by
vaio127
on 07/09/2013, 05:40:58 UTC
The difficulty is WAY off on that calculator.

Try this one:
http://mining.thegenesisblock.com/
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Topic
Board Beginners & Help
Re: The profitability of USB miners
by
vaio127
on 07/09/2013, 01:27:14 UTC
At this point in the game, you're never going to make your money back if you pay for the electricity.
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Topic
Board Beginners & Help
Re: solo mining LTC
by
vaio127
on 06/09/2013, 22:23:40 UTC
Odds are you weren't able to find a block by yourself, and thus didn't get a payout.
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Board Beginners & Help
Re: Is FTC just a clone of LTC? If yes, why not just own LTC?
by
vaio127
on 05/09/2013, 04:15:24 UTC
All coins have the potential for checkpoints, it's been in the bitcoin source for ages.  So yes, it's essentially a LTC clone with 4 times as many coins.
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Topic
Board Beginners & Help
Re: Good API for accepting bitcoin payments?
by
vaio127
on 05/09/2013, 04:08:41 UTC
I've written backends using the BlockChain api and it's quite simple and has good documentation.
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Topic
Board Beginners & Help
Re: VPS POOL mining quark please help, i will donate you some quark
by
vaio127
on 05/09/2013, 02:59:13 UTC
Code:
sudo apt-get install autotools-dev automake

and then the
Code:
./autogen.sh
./configure
make