Topic: Is Avalon mining with customer hardware? Answer is here. - page 5. (Read 44352 times)

These cretins are going to destroy this currency - I only hope they take themselves out with it.

Is there any logical explanation why would ASICMINER reduce it's hashing power so drastically?

So is basically every profiteering nutbag running the largest businesses in bitcoin. Do you think they're all interested in bitcoin to succeed for any reason other than to increase their own holdings off of suckers? Is there anyone left in this community who tough-loves bitcoin, enough to support it but also smack it silly when it needs it, or is it all corporate dick sucking cultist airheads and their MLM marketing meeting manager sociopaths who are too busy giving interviews, filing lawsuits against competitors, and begging the community to not let them fail because they're too big and important for the "cause"?

I am sorry but these guys are damaging bitcoin to satisfy their own personal greed.

Centralisation is ... single places mining large hash rates ...
Difficulty is an effect not a cause.

Twenty-something? I'm flattered, really. Not all software is tested like financial trading systems. From your statements about deployments you've maybe never used puppet or chef -- are you a Windows guy?

I've been on the receiving-end of plenty of unacceptable business practices, most of it extortion by estate agents. Inflation has annoyed me for years, watching the prices march up faster than wages were rising. Negative equity left one family member up the creek and that was upsetting at the time. Hearing about share prices for huge companies double and crash overnight, affecting millions of people's lives, always for the negative, makes me furious.

I'm happy to wait for my chips if there's a chance some of these things could be fixed in the long-term. You invested in four young guys doing something experimental and potentially world-changing. Also, CISCO have awful business practices. You have to pay a huge tithing every year to move up the greasy pole and miss it just one time because you're too busy to do the exam and you're right back down at the bottom. Ain't nobody got time for that!

Centralisation is ... single places mining large hash rates ...
Difficulty is an effect not a cause.

Meanwhile, many Avalon customers got their shipping notices ... and the bitcoin network dropped over the last couple of days ...

Meanwhile, many Avalon customers got their shipping notices ... and the bitcoin network dropped over the last couple of days ...

I don't know to be honest - but I do know the difficulty is causing the centralisation of the network and this is the issue.

I am also a software developer with over 15 years commercial experience in financial trading systems and I have never seen a QA test run made with different sets of data - ever.

You can not just test the firmware / software on one device - the entire point of the test is to ensure the software has been correctly deployed to each machine. When software is deployed to a cluster do you only test one node or do you test them all - how would you know all files copied correctly and the configuration is correct?

"Cisco would not have reason to do anything similar" - If Cisco has no reason to do it nor do Avalon, Cisco fully test each device before it leaves to the customer - how else do you gain a reputation as good as theirs? There is more documentation on any Cisco device than there will ever be on any Avalon device as Cisco have an entire department that is dedicated to this.

The burn in excuse is not going to cut it there are numerous ways this could be achieved without creating such an uproar on this forum - It was a very bad decision on their part.

"Reputation takes time" and a great way to get a bad reputation is using your customers equipment to make money.

If he does not need any more BTC why do all this damage by testing on the live network which would then add to the difficulty increase further reducing the amount of money his customers can make. Given there are only a set number of Bitcoins you can NEVER make up that loss.

Honestly it is so unprofessional the mind boggles. The lack of public relations inside Avalon is not encouraging in any shape or form.

I have a feeling you guys are on the younger side early 20's maybe hence the reason you are happy to turn a blind eye, I have been around the block a few times and can categorically tell you it is not acceptable.

I am not angry I am just highlighting unacceptable business practises.

HOw would you go about block halves? And getting to an end number?

You missed my point - I understand how the difficulty currently works - but if you swapped the 2 around instead of difficulty changing the reward does - end result same number of coins produced but you would still be able to mine solo.

The difficulty is causing the centralisation of the network nothing else.

That's what's currently happening. The difficulty is no about difficulty, it's a ratio of the hashrate and block discovery time (difficulty = hashrate/(2⁴⁸ - 65535)), it ensures you only get x number of coins every 10 mins, re-evaluated every 2016 blocks.

umm.. BFL rigs = network hashrate flux

WTF does the pool I'm at have to do with this ? Get a better calculator and stop trying to distract others from the matters at hand.

Regardless my 1.4 ghash earns, I was having a freaking blast, even during this dry spell, thanks to having the peace of mind knowing that ITS AN HONEST 10 DAYS PAY. I say 'was' because these revelations have made the plot to centralize Bitcoin and rip off the miners, BLATANTLEY CLEAR.

For you or ANYONE to justify any company's burnin policy, implies of a conflict of interest. THEY MINED BTC WITH THE MINER'S PRE PAID PROPERTY. THEY, WHO EVER THEY ARE MUST BE HELD TO ACCOUNT.

As a show of solidarity to all those who have be taken advantage of, I'll will be taking the rest of my 2.2 ghash offline, when the current round is completed.

WE ARE THE 75% !! Soon to be 99%. :/

It also indicates why the stepwise linearity of difficulty is a far less important metric when massive swings in network capacity can and do happen, and how the centralized operations can and will game that.

For example, right after a diff. reset, a big operator can bring a chunk of capacity online and jump BpH up to around 8 or more.  In fact,the marginal small unit isn't going to contribute in that enhanced bounty, only the centralized power is mathematically positioned to extract that "bonus."

Gaming abounds.  With regard to this network drop, though, something happened somewhere, I don't think there's any question, and that goes right to the point you made.
 

The reward should trade places with difficulty so only a set number of coins are produced in the given period.