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I dunno, I feel like this is one ghash the biggest bitcointalk with bitcoin, and Bitcointalk don't have enough knowledge and am probably not smart enough to come up with a solution to it. Inappropriate use of zero-conf: Prior to dedicated asic farms annex had a much more even and dynamic distribution of hashing power, annex we have static consildation. IO which uses ghash. Because unless you have a machine that is estimated to earn 25btc a month its a lottery. If the value of the deliverable is low, you might entertain less confirmations because ghash not worth it for small sums.
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I wonder when this will be fixed. Powered by SMF 1. As a place to park BTC instead of holding in a wallet - worked for me. As of yesterday, my current account balance is negative. Seems like it pretty much evens out in the long run. And also, the big problem with trying to make a solution immune to custom hardware when fundamentally there's no real difference between a general purpose processor and a custom purpose processor; you can design a custom purpose processor to do anything is that you end up being very susceptible to botnet attacks. Jane says ok, so then they phone up mom and dad, and say:
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As a result I accidentally paid a fee of 3. It may seem its better to have your bitcoins invested in hashing power but overtime that hashing power loses value ghash generally annex value exactly the ghash of how many btcs youve earnt from mining so its near enough a zerosum game. Annex would permanently address the 1 gaping hole of malicious double spending I don't have the expertise to be able to bitcointalk this, and perhaps the algorithm cannot be invented yet. Yes, except built in bitcointalk default.
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Please login or register. Latest stable version of Bitcoin Core: September 16, , I was messing around with raw transactions I really should know better. And I accidentally spent the wrong output from a transaction. I meant to spend this As such, I accidentally paid a miners fee of 3. I think there's going to be a very happy miner out there somewhere. Hero Member Offline Posts: Staff Legendary Offline Activity: There's going to be a very happy miner.
Your feedback is requested at this pull request , also at this one. You might want to see if you can get a refund from GHash. Your feedback is requested at this pull request.
It appears that GHash. I created this transaction with bitcoind using the createrawtransaction, signrawtransaction, and sendrawtransaction API calls, and I accidentally included the wrong vout in the input. As a result I accidentally paid a fee of 3. Further discussion of the incident can be found at bitcointalk. If you are able to refund any of the fee overpayment at all, it would be sufficient to send the refunded amount back to that address. A public record of this email will be included at bitcointalk.
I just received the following email from webmaster ghash. Hello, Your transaction has been refunded. My bitcointalk account is pending activation. Best regards, Alex https: Thank you so very much!
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With Bitcoin, you can be your own bank. You can also explore the Bitcoin Wiki:. Bitcoin Core is the backbone of the Bitcoin network. Almost all Bitcoin wallets rely on Bitcoin Core in one way or another. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core.
You can also use Bitcoin Core as a very secure Bitcoin wallet. Check out his other work here. We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. The funds already donated will be spent on some sort of advertising, as intended.
As of now, If you have ideas for the remaining BTC, see here for more info. Stop buying cloud mining at cex. Do not buy this. Which, in simple language, gives certain people the ability to perform a mass fraud double spending in bitcoin.
It is not profitable: Buying one of Cointerra's devices results in you losing thousands: It's frustrating because this is the only outcome possible.
A company would never sell you the use of equipment that could make 1 BTC for 0. Selling customers profitable mining contracts would be literally burning money.
They can expand more quickly if they can get capital from a lot of people. I'm not saying buying from cex. I'm just saying it theoretically can be logical and profitable for both the company and you.
When you buy equipment from a normal company, it is a gamble: I'm way up if you look at dollars the BTC are worth, but for mining that shouldn't count. I think it is a pretty safe bet if I just leave everything alone, I be profitable soon in terms of bitcoin. Now I'm sitting at a small gain.
Last night I used the bitcoinwisdom calculator and found that it was off by a large amount on the current earnings. I adjusted the constant from to at the bottom and then it matched actual hourly earnings.
Still it doesn't look like a break even, but it is much closer. Ok the reason I'm gaining is because I wrote a bot that now buys GHS in small blocks and sells it back when there is a reasonable profit to do so. Without that I would still at a loss. However, small trading gains but mining block awards is currently resulting in modest daily gains.
I just joined cex at. So everyone panicked and sold, I cut my losses at and bought back at something and it seems to have stabled out a I'm about to put more into it while I am saving up for my own cointerra. But there is no risk for them. They can accurately compute their expected return and their share of the network is large enough it mitigates variance.
Maybe you should find a way to express yourself that doesn't involve totally shitting on people with cognitive differences? All i'm doing is taking nmc 0. Wrote a simple c program to log into the api and bam it's sits on my taskbar and checks every seconds. I buy hashing every hours atm, and the more hashing power I get the faster I buy more hashing power. Went from every hours to I'm hoping soon to be every 15 minutes. I don't get where people say buying hashing at Cex is not profitable.
I've seen their numbers then look at my small time adventure and think people are taking crazy pills. Also we live in a society where people want something NOW. Guess what they filled the hole quite nicely, providing it in a cloud format and not having to wait months before getting something that may not be worth the components put together to make it.
Sorry, but you story isn't really trustworthy. Maybe you did that with 0. Then it would be about right. As of yesterday, my current account balance is negative.
My 22 GHash are now worth only. So as of now my 1 BTC investment is now worth. I had a few moments 10 days ago where my net-net would have been positive, but it seems unlikely that I'll recover from here. That's always the rub. Either buy something expensive now, or cheap in the future. Going for the future cheap doesn't always pay off. If I sold my hashing power right now I would have 0. I'm not expecting 0.
It's not costing me anything to reinvest as the cost of using the hashing power is removed when I am paid per block.
Which I just reinvest back into more hashing power. There is always legal avenues if people are willing to pay for them. So far every pool I've tried is really awful and difficult to use. There are also plenty of problems with CEX. The website barely runs, but it gives me what I want.
The real threat are the bitcoin users that want to use bitcoin to avoid taxes and use bitcoin for illegal uses like online gambling where it isn't allowed. Those are the people that we should be shouting down. They are the ones that will cause governments to get involved. Pools are run by people, evil people are everywhere.
If end up making money, I'll declare my income when I spend my bitcoins and I'll pay my taxes. I want bitcoin to succeed. I love using Cex. But I don't hold on to GHS.
It's the best returning investment I've ever had. But I hate their new TOS coming out. Is there a site like them? Buying hashing shares on cex. Those are shares in hardware that is already in hand and is already mining. Changing ownership of said mining power doesn't affect hash rates.
Now to cut their hashing share, users who own physical hardware apparently a significant portion of their hash rate could move their hardware to another pool. Where is a good place to buy then? I'd spend some money. Mostly to help support the network. I don't care about making a profit particularly but would like to generate enough BC to cover a good part of the cost of course: If you have too many bitcoins, spend them, or, perhaps, donate them to charity.
It makes more sense than "donating" them to a cloud mining company. Right, I agree entirely now. I assumed that you'd just "rent" a hardware device and configure it to mine to whatever pool you wanted. But it really doesn't seem to work like that.
There doesn't seem to be much in my price range anyway. Doesn't seem to be any 3 month mid range ones. It was 42 not long ago. Mining becomes more and more difficult leading mining towards big companies. So let me get this straight, you a non developer and admitted non bitcoin expert, sent an email to a group of developers who are bitcoin experts and you really think you're going to tell them something they don't already know?
Are you trolling or are you really that out of touch? There doesn't need to be a change in the Bitcoin protocol.
P2Pool is the solution.