Cryptocoin Mining?

[dajeepster]

Pretty sure the dwolla policy change is a direct result of this-
https://bitcointalk.org/index.php?topic=31753.0

"Dwolla has been scammed out of at least $37,000 by our records and we have prevented another $27,000. "

i guess after my last email, they decided to free up my funds.

Please type your reply at the top of the email...
Dwolla Support
AUG 03, 2011 | 04:38PM CDT
Scott,

Thank you for your e-mail.

This is done to better protect you, not be a deterrent. Unfortunately we know there are some problematic folks in the world who are attempting to do business as other people.

It's unfortunate but this is something we need to do to better protect you. Please let me know if you have any other questions at all!

Thank you for working with us to better serve you.

 

[gorobei]

i'm wondering if the selloff is in response to dwolla/tradehill cracking down on bank chargebacks and the scammers are selling their coins just in case the exchanges manage to track the ip addresses and ban offending accounts. if you have a bunch of illegally gained bitcoins and the exchanges are on to you then it may be harder to get the money out later.

either way this will certainly separate the longhaulers from the casual miners. at sub-10$ btc the margins become razor thin.

given the regular 1.1 difficulty increases, all miners may have to become speculators and hold onto their coins until a much later date like the early cpu miners did.

 

[Chiropteran]

It was clearly my fault. After I sold 43 bitcoins the market started to collapse

TBh I think it might well be due to the dwolla charge-backs. Not just the scammers selling, but people losing some faith in the system because if it gets harder to get money in how will newbies buy into it?

 

[Dark Shroud]

Right now is the best time for newbies to buy in while coins are cheap.

 

[Mir96TA]

Say fellows, who are using Radeon 5850 in Dual card system,
what are your GPU temps ?
Mine are getting 80c With 500Mhz Mem clock and 800 GPU clock with 80 % Fan

 

[OCGuy]

If it hits $8 I am throwing in another $1k. Unless I get some inside market data that leads be to believe the bottom is sub-$5....

 

[Suspicious-Teach8788]

i got in 9.5.... we're back at 10.7 now. i missed out on the 8.7 low.

 

[dajeepster]

Say fellows, who are using Radeon 5850 in Dual card system,
what are your GPU temps ?
Mine are getting 80c With 500Mhz Mem clock and 800 GPU clock with 80 % Fan

50C at 0% fan

 

[Mir96TA]

50C at 0% fan

huh
No
It is getting 82c with 80% of fan runing!
Mem Clock is 500 Mhz Core is 820 Mhz
I dunno but I think it is getting little tosty ?

 

[ghost recon88]

Anyone else transferred coins to Tradehill since last night and used the new permanent account address? I did and so far my coins have not shown up.

 

[RussianSensation]

I haven't been checking https://www.mybitcoin.com/ for a while but it seems the website is totally down? Is there a permanent problem there?

 

[hdfxst]

I haven't been checking https://www.mybitcoin.com/ for a while but it seems the website is totally down? Is there a permanent problem there?

https://bitcointalk.org/index.php?topic=32900.0 looks like if you used mybitcoin your screwed and one of the reasons why the bitcoin market crashed

 

[aka1nas]

I lost the 3.5 bitcoins I've mined so far due to that site. Lame.

 

[Vesku]

Never a good idea to put your wild west currency in "Slick Pete's Bank-n-Saloon".

 

[Axon]

Never a good idea to put your wild west currency in "Slick Pete's Bank-n-Saloon".

Seems legit

 

[hdfxst]

i set up an account with them but i never used it

 

[Janooo]

An interesting read...

http://vermorel.com/journal/2011/8/3/bitcoin-thoughts-on-a-nascent-currency-system.html

 

[RussianSensation]

https://bitcointalk.org/index.php?topic=32900.0 looks like if you used mybitcoin your screwed and one of the reasons why the bitcoin market crashed

So what's the best way to store bitcoins then? Store them on actual pooled clients until the day you decide to cash them out?

 

[hdfxst]

store them in your bitcoin wallet(on your hard drive) and transfer them to the exchange.you get a wallet and address when you run the bitcoin client http://www.bitcoin.org/ and use guiminer to connect to the pools http://bitcointalk.org/?topic=3878.0 your bitcoin address will change after every transaction but any one will work it's just a good idea to change your address on the pools after a couple transactions

 

[dajeepster]

huh
No
It is getting 82c with 80% of fan runing!
Mem Clock is 500 Mhz Core is 820 Mhz
I dunno but I think it is getting little tosty ?

mine are on water... i have three 5850 in a serial loop.. gpu clocked too 775, 875, 775 respectively... all mem clocked down to 500Mhz... the first and last card are reference, the second card is non-reference.

but on the other hand .. I have three 5830 in one machine that get 90C, 68C and 89C... and the odd thing is the one that is getting 68C is sufficating... on air fans 100%.. go figure :hmm:

 

[dpk33]

forgive me if this sounds noobish, but where can i cash in my bitcoins? and what possible items can i get in exchange for them?

 

[Zargon]

anyone set up usb stick linux mining?

 

[ensign_lee]

forgive me if this sounds noobish, but where can i cash in my bitcoins? and what possible items can i get in exchange for them?

tradehill and mtgox are the two biggest exchanges where ou can exchange btc into US $

 

[dpk33]

tradehill and mtgox are the two biggest exchanges where ou can exchange btc into US $

what kind of service do they use to deliver the USD? paypal?

 

[sm625]

So when you're using guiminer and it says under Accepted: "8563(167)" what does that mean and how far away is it from mining an actual bitcoin?