Topic: MyBitcoin.com - hosting provider: leaseweb.com (Read 14674 times)

6990 - Go big or go home.

People will reply to my comment and complain about how expensive they are. Yes, they cost more up front initially. However, if you go with cheaper and less powerful cards then you'll need more of them, and will therefore need more motherboards, hard drives, RAM, CPU's, PSU's, and more. Not to mention, the hassle of administrating 100+ machines vs. 50 machines.

Yeah it really is.. comes down to money .. you have it, they want it.

100 gpus @ us$150 = us$15 000

Contact jetway, had really good dealings with them in the past.

 Jetway Information Co., Ltd.
 Address: Ltd.9F., No.207, Sec. 3, Beixin Rd., Xindian City, Taipei
 Tel: 886-2-89132711
 Fax: 886-2-89132722
 Web: www.jetway.com.tw
Info: [email protected]
 Support:[email protected]

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BTW: price per mhs .. 5770 cant be beaten, also it is the most efficient in mhs per watt

Contact one for the manufactures in korea or taiwan and have a batch of 100+ made for you.

You can even get them to stick 2x 6870's per a pcb. which would work out the same cost as a 5850 and return more mhs.

I love this guy
I mean not literary   

Not a bad idea,  I wanted to register flexcoin there but it won't let me create an account    literally clicking on the buttons wouldn't open any forms.

@ Matthew N. Wright : open your own thread if u want to advertise your company/service.

instead of wasting your time becoming a member of uabb.. rather opt for a truebusiness ID from geotrust or one of the many extended validation ssl providers, they will audit your information and make sure you are who you say you are.

This is about mybitcoin.com being offline, not about your own service.

I'm creating a business account on your page now.

Edit nvm your links seem broken

And I think folks from now on shouldnt trust anyone who isn't public/active in the community.  Because most serious businesses absolutely are.

Well this is embarrassing for me.
After taking you to task on this issue - I realize I'm guilty of attempting to do business with a bitcoin site that gives no more than a support email address.  Bitbills.com

Normally - for my non-bitcoin purchases - I've been pretty careful about checking out who I'm doing business with. I think the fact that I saw one of the bitbills guys appear on Bruce Wagner's bitcoin show, made me let my guard down!

However I'm hopeful that bitbills will do the right thing by anyone caught up by the problem that they were using mybitcoin as a payment processor.
They have a great product and a good reputation that is no doubt worth protecting.

They really should provide more info about their operation though. For bitbills to ever be accepted by the general public, they'll need to have some idea of who the issuing company actually is!

I just find out about MB down!!! What happen if some BTC got send to my account when the site is down? they got lost? they may could be sucked in and bye bye new digital coin?

I see so many good people in this new event of BTC but there is always that ass have to ruin the party!!!

In the spirit of trust and transparency, it would benefit the community if we had some of this information from you as well.

The domain names uabb.org and uabci.org have been registered anonymously. And the email [email protected], which is associated with baok.or.kr, has bounced back as undeliverable.

I love this idea and it could really benefit the community, but with everything that's been happening lately we need more. Are we supposed to trust one anonymous person on the internet because another anonymous person says they are legit?

For trust, we need total transparency in the organization that is handing out these accredations.

EDIT: don't take this post the wrong way. It's not meant to be accusatory. These are valid concerns!

(EDIT: as you said above offering escrow as an option sounds the best way..  even 'requiring businesses to offer it as an option' could be a problem)


That seems like a non-starter to me.
Routing all payments via a central system is technically fragile, politically risky, innovation unfriendly and impractical to set up for all the various foreign currencies & payment systems out there.

Perhaps you meant only for Bitcoin transactions..  but I suspect it will be the minority of enterprises that are truly 'pure Bitcoin'.

For the sort of business I have in mind - the escrow would be complex - sometimes requiring only part payment back to the client.
Escrow services based on a written escrow agreement where the UABB can easily determine fulfillment of conditions are one thing..
but are you really going to intermediate in all that in a high-volume transaction environment?

Requiring businesses to give their customers an *option* to route payments via the escrow may be nice for specific types of transaction.

Escrow only caters for a subset of the possible services for which someone might 'hand over' bitcoins in expectation of a set of services.
The point at which actual 'payment' occurs and value changes hands is service specific.  


How you can require 'at no additional cost' I don't know. Even with pure Bitcoin transactions there will ultimately be fees.
Maybe all you meant is that when the business and customer do both choose to use your escrow - the business doesn't charge an additional fee above what the network charges?
If so.. sorry for my rambling above, but it wasn't clear


P.S nice to see the 'about us' improvements on the UABB site.

I think you should kill the escrow.  Everything else is fine.  Businesses and consumers should connect directly, that's the whole point of bitcoins.

My guess is that it's not as painful as you might think.

1.  verify business has all proper operating licenses
2.  verify owners have no criminal record

here in the US there are background searches you can do for a small fee.  it is very common.

Matt, let us know when your UABB is up and running.  We'd like to get listed.

The figure mentioned on NPR is 25K (Which Bruce claims isn't his..)

It's very unfortunate that mybitcoin has been mentioned as a way for beginners to use bitcoin on some major news networks.
NPR & CNN at least.

"wtf" indeed.  One thing after another is making the situation a lot more stressful.  Anyways, I hope the Korean exchange is going well, Matthew N.W.

Dude, not so ignorant if you actually do some homework and have a listen to NPR's podcast.

http://www.npr.org/blogs/money/2011/07/13/137795648/the-tuesday-podcast-bitcoin

rightfully so.  One of Bruce's accounts has about 250K bitcoins!!!  Bruce, could you contact MyBitcoin to see if they would appear on your show?  This would add a new layer of legitimacy into the company... or else, we will be moving all our funds somewhere else. 

Hows this for a standard.
The *first* thing you should do - is have a proper 'about us' page which actually contains contact details.
Not just a contact form - phone numbers and a physical address.

UABB has no such info.
Put that up *FIRST* - then give us your spiel.

http://uabb.org/about.php -  is empty as at 2011-08-01

Seriously. You should be educating consumers to look for this information first - so you need to have it yourself.
Who started it, and who administers it is important information.

I see also " Our professional escrow services stop fraud before it starts."

Oh.. so UBB itself has *business* operations?
A faceless business without contact details - dishing out 'ratings' for other businesses.. some of whom might compete???
 FFS.  

Ok - so I have a feeling that you're actually acting in good faith - and this is just an oversight.
My point is - this is just the sort of 'oversight' that should raise red flags for consumers and that UBB should use to give a *lower* rating on!
Don't give me  "oh.. we're getting round to that" .. that just legitimizes this excuse for other operators who might actually be shady.

RULE *1*: Site goes live - must have contact details, preferably including registered business/association number in some jurisdiction.

Given the shenanigans going on in the bitcoin world... do I really ask too much??


(EDIT: btw - obviously I have no idea who the 'you' is in this case! For all I know Matthew - you're just mentioning a site you found, though you do seem to be rocking a signature-pimp-logo for them)

If it were an honest service.. there would be a notice or something..

closing down.. and keep quiet is no way to run a company.

problem with bitcoin is the majority of the services have no standards or any kind of proper business knowledge. Honest opinion its very mickey mouse.