Topic: Whitelist Requests (Want out of here?) - page 297. (Read 474339 times)

New techcrunch article:

http://techcrunch.com/2011/06/18/bitcoin-crazy/

(wanted to post this on http://forum.bitcoin.org/index.php?topic=1958.0 but couldn't)

I would like to be whitelisted as I want to discuss in this topic:
http://forum.bitcoin.org/index.php?topic=9851.40

I tried to get the applicaiton running as a service (as others tried) and partly got this working...

best regards,
prep.

I would like to be whitelisted.  I'm interested in using the marketplace and mining sub forums. 

I'm new but I've already invested a significant amount of time reading about Bitcoin and now have a sizeable financial interest in it as well. I made a thread about a little tidbit of info (The Economist working on a print story) I got here: http://forum.bitcoin.org/index.php?topic=18987.0 but I'm guessing the Marketplace would be a better forum for it.

Hello alltogether,

as i have started mining bitcoins only one month ago this is my first time to show up on the forum.

Ich would like to follow/reply especially two topics:

- http://forum.bitcoin.org/index.php?topic=9047.240

The "Official Open Source FPGA Bitcoin Miner" thread  since i dug out my old spartan 3 board an want to contribute to the development of the fpga hardware.

and

- http://forum.bitcoin.org/index.php?topic=13275.msg182589#msg182589

The "[Mining Pool] New pool x8s.de " thread, because i switched from deepbit to this pool and want to give some suggestion
towards user interface an questions regarding calculations behind the graphs an statistics.

These are my intentions so far.

I would really appreciate it to be cleared to use this boards.

Best regards   

I would like to create awareness of an economic effect of BTC mining that will make mining most likely become an near 100% illigal activity in the near future (without governmental intervention). My main point is that mining will become unreasonably expensive for all full-cost paying legal miners (who have to pay for their power consumption).

Here is my bit of theory about BTC mining:

While thinking about rational behavior of BTC users and miners I thought about the fair price of a BTC and how it is tied to the cost of mining a BTC. I realized that the current situation in which it is possible for nearly all enthusiasts to run profitable mining rigs is (probably) a short term market abnormality which is inevitably doomed to disappear soon - completely independent of the BTC price level at the exchanges. I predict the price for mining per BTC (i.e. the costs for electricity (kW/h) that has to be afforded) will in the long-term be higher than the exchange market price that can be earned for selling it - thus for 'normal' people mining will become a money-losing endeuvor. Mining will inevitably become a parasitic (mostly illegal) activity.

The reason for this is quite simple: Whenever the market price for one BTC is higher than the mining cost it will motivate people to participate in mining thereby making the mining task more difficult for all miners. At first I thought this would allow profitable mining only up to the point where the running costs for mining stay below the market price. But then I realized that there are two completely different groups involved in mining: the full-cost paying 'legal' miners and on the other hand the 'illegal' parasitic miners who use secretly computers in public organizations (universities, youth centers etc.) or privat companies. The big difference between those two groups is that the latter does not have to pay for their power consumption what makes mining attractive for them even when the actual total costs for the organisation owning the machines would be prohibitive.

In the BTC mining business the costs for electric power will dominate everything. At first rational miners in regions with the highest energy prices will be squeezed out by miners in regions with lower costs. But finally as the parasite group keeps growing it will eventually make legal mining too expensive .. even for the lowest non-zero energy cost payers.

In the end all mining activity will be performed by illegal/parasitic miners. While the price for one BTC will be higher the price for mining a new one. It is a simple crowding-out effect that places in if the number of parasitic computing power keeps increasing - the parasites are the only ones who keep making profits even when their hosting organization has much higher than break-even expenses.

I wonder whether this has been discussed before and if it could become one of the major points of critique in the public debate (beside the money laundering thing of course). I currently do not see a way to get around this 'problem'. One of the good things about the parasitic BTC mining is that it probobly acts as a strong support for the BTC value - because everybody then knows that a for generating the BTC a substantial amount of money has been stolen/sucked out of some business entity.

I would like to discuss this with the readers of the 'Economics' forum board. Due to the high number of posts I am not 100% sure whether this topic has been addressed before - if it has, please let me know the thread uri.

Comments are welcome!
/blueling

PS: It would be nice if an admin could release me from the newbie-box.

I registered to this forum because I have a question about the Mt.Gox API, see http://forum.bitcoin.org/index.php?topic=18934.0

I would appreciate being upgraded :-)

Well I have 5 posts and >4 hours of time here. still not upgraded. I guess a moderator has to manually change it. Bummer. Guess I'll lurk some more

Hello,

I have some questions regarding GPU flags for a miner. Which I believe I cannot ask here?

I'm registered under this name for -otc with positive feedback. I'd like to post a bug report in a thread in the Project Development section, which is what brought me to this thread asking for upgrade to Jr Member status. Thanks!

Post 5 times in the newbie section and get 4 hours total time logged in.

Hello,

I have trouble when I log from my work place I get a message "you're banned from the forum.SPAM".
I have no such problems when I log at home.

What can be done?
I discovered btc last month and plan on participate more and more on this forum (especially the french section).

Thanks

Hi,

My friend introduced me to BitCoin, i spent a lot of time studying its technical and economical aspects, and also purchased a huge bunch of them during the May uphill movement.

During this whole time I have been a passive reader on the forums, I I would like to be able to post and be a part of the community to help with promoting the Bitcoin idea, to help answer the critics (which seem to be attacking harder in the recent couple of weeks), to help improving the acceptance of BTC by buyersand sellers and generally put myself out there for this important movement.

In short - please get me out of here! (-:

Thanks,

Noam.

Basically, I'm referring to this thread: http://forum.bitcoin.org/index.php?topic=9047.240

But since I'm no "established user", I have no way to ask there.

Does anyone know, how Megahashs/second are counted?

I had a very close look at his FPGA-Miner source-code and i couldn't figure out how he calculated this value.

Basically, for SHA256 64 rounds of the compression-function has to be calculated and even with loop unrolling depth of 6 or 8 it takes at least clock/depth clock cycles to complete one hash ...

Could someone please explain?

Alternatively, how do I become an "established user"?

All the best,
mnemonix

Hello,

I'd like to leave the noob title behind. I have a bunch of useful contributions:
http://forum.bitcoin.org/index.php?topic=18050.msg236923#msg236923
http://forum.bitcoin.org/index.php?topic=17240.msg226211
http://forum.bitcoin.org/index.php?topic=17225.msg226159
http://forum.bitcoin.org/index.php?topic=17549.msg226072#msg226072
http://forum.bitcoin.org/index.php?topic=17296.msg222214

Thank you.

I want out!! Well I could post what I want here but I haven't see it anything like it yet, but I want to make a bootable linux live image with the necessary tools/drivers to start mining as fast as possible. I know I would and I think everyone else find this to be handy as you could build a mining rig with no hard drive and just boot from a usb key and be mining in minutes. I'll host it on my personal server when I get it done and post a link.

I am concerned with the level of regulation and control being enforced in these forums... strange for a forum about something that is supposed to be free from regulation.

What ever happen to just typing in a captcha to prove were human?  This 4 hours feels like an eternity even though I lurk here all the time.

There is some concern I have involving the rapid level of incentivized block-generation and potential for the Bitcoin economy to overheat and subsequently fall below an exchange threshold that could send the system into a death spiral.

If possible, please allow white listing so that I may take part in economic discussions.

Thank you.

Hey, free bitcoins is free bitcoins:

http://payb.tc/ggg


you might get more responses if you give some information on your site though.