some miners have secondary and tertiary (and more) targets, so if primary pool, for example, goes down for a minute, miner would start mining on a backup target which could be you own bitcoind.
Those who hop proportional pools, may have a default pool which they mine with when there is no appropriate victim available. This would be overspill to a default pool than.
Topic: bitcoin vs solidcoin - page 6. (Read 19413 times)
What does "overspill" mean in this context?
And before it happens, no BitcoinPorn, I don't need a visual image.
And before it happens, no BitcoinPorn, I don't need a visual image.
Threat of force is often more effective than application of force. Someone with proven hashing power can simply ask for some money from shitcoin "early adopters" or else...
damn... I give someone ideas here....
damn... I give someone ideas here....
ixcoin is an easier target. They're trying like HELL to get their difficulty dropped, including patching the software to change adjustment algorithms.
Could have run local bitcoind and overspill to it. I recently solved a block on such "overspill" and than sold that block to a bitcoin numismatic for a premium.
Threat of force is often more effective than application of force. Someone with proven hashing power can simply ask for some money from shitcoin "early adopters" or else...
damn... I give someone ideas here....
damn... I give someone ideas here....
ixcoin is an easier target. They're trying like HELL to get their difficulty dropped, including patching the software to change adjustment algorithms.
Threat of force is often more effective than application of force. Someone with proven hashing power can simply ask for some money from shitcoin "early adopters" or else...
damn... I give someone ideas here....
damn... I give someone ideas here....
ixcoin is an easier target. They're trying like HELL to get their difficulty dropped, including patching the software to change adjustment algorithms.
Threat of force is often more effective than application of force. Someone with proven hashing power can simply ask for some money from shitcoin "early adopters" or else...
damn... I give someone ideas here....
damn... I give someone ideas here....
what about restarting the whole chain from the beginning or from a while ago and making it longer than the current one thus deleting all transactions that happened?
I probably can do this one alone.
Do it to ixcoin then, that's actually a blatant scam and -really- deserves it.
what about restarting the whole chain from the beginning or from a while ago and making it longer than the current one thus deleting all transactions that happened?
I probably can do this one alone.
As noted, I've done my research. Some of it, at least. What I found isn't promising. I'm willing to stake a bet between us. What is the currency exchange rate? Based on the rate today, in six months you buy me $50 worth of Bitcoins (on today's exchange rate) and I'll buy you $50 worth of Solidcoins (also in today's exchange rate). You can buy those coins at any point along those six months, if you don't aleady have them.
Do it do it do it!
I like SolidCoin, but that seems like a decent gamble and good fun.
So many ignorant comments in here... All I have to say is please you guys atleast do your research... you will be shooting yourself in 6 months when SC isn't dead and the price as quatrippled...
As noted, I've done my research. Some of it, at least. What I found isn't promising. I'm willing to stake a bet between us. What is the currency exchange rate? Based on the rate today, in six months you buy me $50 worth of Bitcoins (on today's exchange rate) and I'll buy you $50 worth of Solidcoins (also in today's exchange rate). You can buy those coins at any point along those six months, if you don't aleady have them.
So many ignorant comments in here... All I have to say is please you guys atleast do your research... you will be shooting yourself in 6 months when SC isn't dead and the price as quatrippled...
It already quatrippled... in the other direction 
So many ignorant comments in here... All I have to say is please you guys atleast do your research... you will be shooting yourself in 6 months when SC isn't dead and the price as quatrippled...
Solidcoin is now less profitable to mine than bitcoin.
wait for the diff drop, this is nothing new, it might have dropped further than it had before, plus on ruxum they are stil trading at 0.015 not really sure why but the last trade was a few minutes ago.
dont write sc's obituary yet.
You...pay...for porn?
...intriguing.
I said nothing of the kind, but obviously enough people do that for pay sites to stay in business. My point was just that it's a large industry where a significant subset of (potential) customers may be willing to put up with the shortcomings of *coin in the interest of privacy. The average schmo is not going to buy widgets with Bitcoin instead of Paypal just for the novelty of it, there has to be some payoff to offset the extra hassle....intriguing.
AFAIK porn sites bill anonymously. Like "Business Delivery Systems, Inc." on your statement and shit.
I can't imagine anyone being paranoid enough about surfing legal porn when there's already whitelabeled billing to justify all the stupid bullshit required to make payments with bitcoin...
You...pay...for porn?
...intriguing.
I said nothing of the kind, but obviously enough people do that for pay sites to stay in business. My point was just that it's a large industry where a significant subset of (potential) customers may be willing to put up with the shortcomings of *coin in the interest of privacy. The average schmo is not going to buy widgets with Bitcoin instead of Paypal just for the novelty of it, there has to be some payoff to offset the extra hassle. ...intriguing.
its a problem, when the only reason people use bitcoin, is to make money. bitcoin is a medium of exchange, not stocks.
Yeah, the design of Bitcoin makes it more suitable as a store of value than a medium of exchange because you are discouraged from spending it. This is the reason why it will never become a mainstream currency.
yeah... like gold
Solidcoin is now less profitable to mine than bitcoin.
i0coin toopumpers gonna dump
its a problem, when the only reason people use bitcoin, is to make money. bitcoin is a medium of exchange, not stocks.
Yeah, the design of Bitcoin makes it more suitable as a store of value than a medium of exchange because you are discouraged from spending it. This is the reason why it will never become a mainstream currency.
Solidcoin is now less profitable to mine than bitcoin.
Solidcoins have been there for about 10 days. In 10 days from now, the amount of solidcoins will have doubled.
In order to keep a constant price, the demand will need to be twice as high.
The demand for solidcoins comes from a fraction of Bitcoin users, that are convinced to buy solidcoins. We do not need to understand the exact causes that drive them to buy solidcoins ; it is sufficient to observe that in the absence of new compelling arguments, this fraction will probably remain constant.
The number of bitcoin users does not double in an interval of 10 days ; its growth is much slower. Therefore the demand for solicoins will not grow as fast as the supply. This leads to a predictable price decrease.
The above argument assumes that the value of solidcoins is linked to a real economy, and is not influenced by speculation.
However, since most of the value actually results from speculation, we can expect the price decrease to be strongly amplified.
In order to keep a constant price, the demand will need to be twice as high.
The demand for solidcoins comes from a fraction of Bitcoin users, that are convinced to buy solidcoins. We do not need to understand the exact causes that drive them to buy solidcoins ; it is sufficient to observe that in the absence of new compelling arguments, this fraction will probably remain constant.
The number of bitcoin users does not double in an interval of 10 days ; its growth is much slower. Therefore the demand for solicoins will not grow as fast as the supply. This leads to a predictable price decrease.
The above argument assumes that the value of solidcoins is linked to a real economy, and is not influenced by speculation.
However, since most of the value actually results from speculation, we can expect the price decrease to be strongly amplified.
read this if you have invested
Jump to: