Also the clear demarcation of 'Mined'. I wonder if this will prove a problem with that obscure rule that mined bitcoins make one an international money transfer agent if one tries to use it for anything but barter.
I don't know that any nation has a rule like that... the closest I'm aware of would be FINCEN's guidance that created virtual currency has such regulatory properties - but miners just discover coins predetermined by the protocol, they don't create them. In any case, I doubt any legal institution cares about technicalities. 
Topic: [OLD] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 # - page 70. (Read 458370 times)
November 09, 2013, 05:39:12 PM
November 09, 2013, 05:34:05 PM
The payout went smoothly with the new block. I notice it seems less 'spendable', having 26 confirmations already but needing 94 more blocks, than BTC earned elsewhere. Also the clear demarcation of 'Mined'. I wonder if this will prove a problem with that obscure rule that mined bitcoins make one an international money transfer agent if one tries to use it for anything but barter. Bitcoins mined on another pool have not that demarcation.
But the question I wish to ask, is the minimum payout stat changeable on the configuration page? I have Bitcoin-QT on another machine than the one having the cookie storing the receive address. I generated the signed message which included in the encrypted string a lowering of the minimum payout trigger to 0.1000btc but it didn't take. After the initial payout since the signed message configuration change I expected the payout to be lowered but it was not. Is the minimum not changeable below what is dictated by the value equation used by Eligius staff?
A standard bitcoin transaction is spendable after only one confirmation, and fully confirmed after 6 confirmations. When a new block is mined, the coinbase transaction that gives the 25 BTC + transaction fees requires 120 confirmations before it is spendable.
Most pools send the output of the coinbase transaction to a pool-owned address, then pay you in a separate normal transaction. It will appear in your wallet as 'unconfirmed' until one more block is mined (the confirmation). Eligius (and also P2pool) pay miners directly from the coinbase transaction. That's why the transaction shows up a a 'mined' transaction which shows up as 'immature', and takes 120 confirmations to mature.
You can set you minimum payout to anything >= 0.01 BTC. If it didn't work, it probably means that the signature failed. It should tell you whether if it passed or failed a few lines up toward the top of the page.
November 09, 2013, 05:26:07 PM
Looks like stats may be hung up. We have solved a few blocks that may not be reported on stats.
November 09, 2013, 05:08:23 PM
I've switched to Eligius and have been stuck at 22 minutes left until payout since 3AM. Is there a problem? The page doesn't seem to be updating.
Very bad luck on solving the next block. Pool has been working on it for over 8 hours according to the stats.
Nothing seems wrong, just a usual bit of bad luck. Once we solve it things will get rolling again.
Yes, I saw luck was down in the teens but went back to bed for an hour, got up, made breakfast, looked again and luck was up above 300%, now 154%. My earnings have finally been moved to the payout queue and will be paid with the next block.
The payout went smoothly with the new block. I notice it seems less 'spendable', having 26 confirmations already but needing 94 more blocks, than BTC earned elsewhere. Also the clear demarcation of 'Mined'. I wonder if this will prove a problem with that obscure rule that mined bitcoins make one an international money transfer agent if one tries to use it for anything but barter. Bitcoins mined on another pool have not that demarcation.
But the question I wish to ask, is the minimum payout stat changeable on the configuration page? I have Bitcoin-QT on another machine than the one having the cookie storing the receive address. I generated the signed message which included in the encrypted string a lowering of the minimum payout trigger to 0.1000btc but it didn't take. After the initial payout since the signed message configuration change I expected the payout to be lowered but it was not. Is the minimum not changeable below what is dictated by the value equation used by Eligius staff?
November 09, 2013, 12:51:08 PM
What's so good about namecoin? I like what I understand about it, but that's not saying much.
Whether it's good or not is another matter, but it's not just a scam.Namecoin is applying Bitcoin concepts to a new area - it's not really a currency at all.
November 09, 2013, 11:26:49 AM
I got an idea for the graph dev's, it would be cool to see a projection of estimated earnings along side the hash rate graph
November 09, 2013, 09:54:50 AM
I've switched to Eligius and have been stuck at 22 minutes left until payout since 3AM. Is there a problem? The page doesn't seem to be updating.
Very bad luck on solving the next block. Pool has been working on it for over 8 hours according to the stats.
Nothing seems wrong, just a usual bit of bad luck. Once we solve it things will get rolling again.
Yes, I saw luck was down in the teens but went back to bed for an hour, got up, made breakfast, looked again and luck was up above 300%, now 154%. My earnings have finally been moved to the payout queue and will be paid with the next block.
November 09, 2013, 08:04:36 AM
dat unluck
November 09, 2013, 08:00:53 AM
I've switched to Eligius and have been stuck at 22 minutes left until payout since 3AM. Is there a problem? The page doesn't seem to be updating.
Very bad luck on solving the next block. Pool has been working on it for over 8 hours according to the stats.
Nothing seems wrong, just a usual bit of bad luck. Once we solve it things will get rolling again.
November 09, 2013, 07:56:54 AM
I've switched to Eligius and have been stuck at 22 minutes left until payout since 3AM. Is there a problem? The page doesn't seem to be updating.
November 09, 2013, 05:11:29 AM
When there are other legitimate altcoins that support merged mining...
Freicoin has it on their todo list, but there isn't really anything else.
devcoin Freicoin has it on their todo list, but there isn't really anything else.
groupcoin
i0coin
ixcoin
namecoin
What's so good about namecoin? I like what I understand about it, but that's not saying much.
November 08, 2013, 07:03:53 PM
how i see luck if i have
November 08, 2013, 05:50:22 PM
When there are other legitimate altcoins that support merged mining...
Freicoin has it on their todo list, but there isn't really anything else.
devcoin Freicoin has it on their todo list, but there isn't really anything else.
groupcoin
i0coin
ixcoin
namecoin
Plus they aren't well maintained either and are a pain to keep in the merged mining setup because of various issues/crashes.
That said, namecoin only for now.
-wk
November 08, 2013, 05:08:48 PM
When there are other legitimate altcoins that support merged mining...
Freicoin has it on their todo list, but there isn't really anything else.
devcoin Freicoin has it on their todo list, but there isn't really anything else.
groupcoin
i0coin
ixcoin
namecoin
November 08, 2013, 04:49:36 PM
When there are other legitimate altcoins that support merged mining...
Freicoin has it on their todo list, but there isn't really anything else.
devcoin Freicoin has it on their todo list, but there isn't really anything else.
groupcoin
i0coin
ixcoin
namecoin
November 08, 2013, 04:25:28 PM
What about multi merging some more altcoins?
I se some feew others do it, would it be worth it to implement?
When there are other legitimate altcoins that support merged mining...I se some feew others do it, would it be worth it to implement?
Freicoin has it on their todo list, but there isn't really anything else.
November 08, 2013, 04:20:50 PM
What about multi merging some more altcoins?
I se some feew others do it, would it be worth it to implement?
I se some feew others do it, would it be worth it to implement?
November 08, 2013, 02:33:05 PM
Is the free transaction relay policy still active?
https://en.bitcoin.it/wiki/Free_transaction_relay_policy
173.242.112.53 doesn't reply to my pings...
Updated the IP on the page, sorry. https://en.bitcoin.it/wiki/Free_transaction_relay_policy
173.242.112.53 doesn't reply to my pings...
November 08, 2013, 01:48:37 PM
Is the free transaction relay policy still active?
https://en.bitcoin.it/wiki/Free_transaction_relay_policy
173.242.112.53 doesn't reply to my pings...
https://en.bitcoin.it/wiki/Free_transaction_relay_policy
173.242.112.53 doesn't reply to my pings...
The information is out of date. I will have to get around to updating it. For now just peer with wizkid057.com.
November 08, 2013, 01:47:50 PM
Is the free transaction relay policy still active?
https://en.bitcoin.it/wiki/Free_transaction_relay_policy
173.242.112.53 doesn't reply to my pings...
https://en.bitcoin.it/wiki/Free_transaction_relay_policy
173.242.112.53 doesn't reply to my pings...
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