Cgminer bitcoin talk podcasts
You can also use Bitcointalk Core as a very secure Bitcoin wallet. Last post by sirengutou in Re: If adopted it would triple forum current P2Pool hashrate. Last post petamine traderamizmiz in Re:. I don't really know what "Petamine" is, but is that what they're talking about doing? If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core.
They have a shareholder vote on switching to p2pool coming up this week. Every shareholder is also entitled to his or her share of net revenue from hashing power reinvestments. Votes will forum weighted based on the amount of units of each individual unit holder. Petamine bet petamine turns out bitcointalk favor of P2P so I would forum continue to look into them and look for more details of plans.
The bitcointalk is the peer connect directly on p2pool. New forum softwareBitcoin Wiki. Since P2Pool's sharechain isn't a financial consensus system forking is no huge deal in theory. Unlike traditional ponzi's, mining ponzi's dont risk a bank run. They pay out old customers via coinmixers from revenue that comes from recruiting new ones. This is the common definition of a ponzi scheme. No surprise, to keep the game going they usually heavily emphasize referrals and signature campaigns to make you do their dirty PR work.
Now why would you care if these companies are mining or not? All that matters is they pay out, right? If the company or more aptly: Early investors might, but only at the expense of later ones. If no mining is going on, then there is nothing to generate those profits. So dont be fooled by low prices or high payouts.
Ponzi miners will drop prices as low they need to keep the game going until one day they vanish. And dont think because its been running for 10 months, that it has to be legit either. You cant get your money out if you begin worrying, so they can run a fairly long time. Take PBmining, they have been around since the beginning of and havent failed to pay so far. Does that prove its not a ponzi? During that same month they paid around in dividends. To mine in a pool you have to work with a group of other miners on available blocks.
You can also try guilds like BTC Guild as well as a number of other options. Pools with fewer users could also have a slower discovery time but pools with many users usually result in smaller payments. However, as one pool owner, Slush, notes:. First, create a pool login. The workers are sub-accounts with their own passwords and are usually identified by [yourlogin]. I have three workers running, currently — one on my iMac and two on my old PC.
You must create workers to mine. Like any online club, you can dig deeply into the subculture surround bitcoin as you gain experience.
Also be sure to enter your wallet address into the pool information. This will ensure you get your bitcoins. There are a number of mining options for multiple platforms although OSX users may find themselves in a bit of a pickle. Miners, on the other hand, use these cycles to help handle peer-to-peer processes associated with bitcoins.
GUIMiner is the simplest solution for Windows users as it allows you to create miners using almost all standard graphics cards. You can download it here. Linux users can run miners like CGMiner. An excellent guide to installing a miner on Ubuntu is available here. Sadly, it uses deprecated calls to Bitcoin and is quite a bit slower.
Note the last two arguments are necessary for Mountain Lion. RPCMiner is far easier to run — you simply click an icon and enter some data — and both have very rudimentary, text-based interfaces.
Running Diablo on my iMac has not had much effect on application performance under OS X although it does slow down my Windows 8 machine considerably. Keep your mind on your money.
Bitcoins are baffling in that they are wildly simple to use and mine. Speculators, then, would probably be able to throw hundreds of machines at the problem and gather bitcoins like raindrops, right? As more bitcoins are found, they become more difficult to find.