Paypal is considering accepting Bitcoins to fund your account

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  • Dirty F
    Too lazy to set a custom title
    • Jul 2001
    • 59204
    #1

    Paypal is considering accepting Bitcoins to fund your account

    David Marcus, president of EBay Inc.'s PayPal:

    And I think here, for us at Paypal, it's just a question of whether Bitcoin will make its way to PayPal's funding instrument or not, and we're kind of thinking about it right now.

    http://www.bloomberg.com/video/paypa...jHAJGNB6w.html
    Tags: None
    • MikeRoth
      Confirmed User
      • Jan 2011
      • 361
      #2
      That's funny considering 1-2 years ago they used to freeze and suspend your account if they suspected you of buying/selling bitcoin with your paypal account. Enter Dwolla which probably only had a successful launch because of bitcoin.
      ICQ: 64995031

        Comment

        • anexsia
          Confirmed User
          • May 2010
          • 5735
          #3
          I just made even more money now that the latest Bitcoin price hit above $160.

          The haters here are missing out on easy money and having fun supporting the bitcoin movement.

            Comment

            • anexsia
              Confirmed User
              • May 2010
              • 5735
              #4
              double post...

                Comment

                • edgeprod
                  Permanently Gone
                  • Mar 2004
                  • 10019
                  #5
                  I finally got my Avalon ASIC, but it's cranking out less than 3 per day .. not what I was expecting at around 91 Gh/s. Any knowledge on how to crank this up, Franck?

                  95598900 khash/s last update only = < 3 bitcoins? Help!
                  Last edited by edgeprod; 04-24-2013, 07:04 AM. Reason: added the khash data

                    Comment

                    • Dirty F
                      Too lazy to set a custom title
                      • Jul 2001
                      • 59204
                      #6
                      Originally posted by edgeprod
                      I finally got my Avalon ASIC, but it's cranking out less than 3 per day .. not what I was expecting at around 91 Gh/s. Any knowledge on how to crank this up, Franck?
                      Nah, i know nothing about mining. Sorry.
                      Fucking nice you got one though. How long did you have to wait.
                      Still 3 coins a day is nice man. Would make me really happy.

                        Comment

                        • edgeprod
                          Permanently Gone
                          • Mar 2004
                          • 10019
                          #7
                          Originally posted by Dirty F
                          Nah, i know nothing about mining. Sorry.
                          Fucking nice you got one though. How long did you have to wait.
                          Still 3 coins a day is nice man. Would make me really happy.
                          Since rev 1, I've been promised one. This is a rev 3 box. I have a Butterfly on order, but I don't expect they'll ever ship anyone of value .. once they release, the opportunity cost will be 100x what I paid.

                          At 3 coins/day, it'll take over 20 days to pay back the price of this ASIC. Ridiculous. When I ordered it, the pitch was 20 coins/day .. which justified sending them coins on spec. I paid $20 for the coins at the time, but still .. it's the principle.

                            Comment

                            • TampaToker
                              Confirmed User
                              • May 2006
                              • 5828
                              #8
                              Originally posted by edgeprod
                              I finally got my Avalon ASIC, but it's cranking out less than 3 per day .. not what I was expecting at around 91 Gh/s. Any knowledge on how to crank this up, Franck?

                              95598900 khash/s last update only = < 3 bitcoins? Help!
                              Hey man i gotta run out for the day but i will hit you up tonight later tonight to see if i can help you. If you ever wanna sell it let me know i will drive down there with cash in hand
                              Icq 247-742-205

                                Comment

                                • MikeRoth
                                  Confirmed User
                                  • Jan 2011
                                  • 361
                                  #9
                                  Originally posted by edgeprod
                                  I finally got my Avalon ASIC, but it's cranking out less than 3 per day .. not what I was expecting at around 91 Gh/s. Any knowledge on how to crank this up, Franck?

                                  95598900 khash/s last update only = < 3 bitcoins? Help!
                                  Are you mining in a pool or solo? Does your hashrate actually show 91000Mhash/s ? According to calculations you should be doing 5BTC/24hours at current difficulty. The calculations have always been near accurate for me. If you're mining in a pool maybe there is a shitload of stales or connectivity issues with the pool.

                                  Also if you're mining in a small unlucky pool you would get a considerably less payout as they are crap at finding blocks.
                                  Last edited by MikeRoth; 04-24-2013, 07:28 AM.
                                  ICQ: 64995031

                                    Comment

                                    • edgeprod
                                      Permanently Gone
                                      • Mar 2004
                                      • 10019
                                      #10
                                      Originally posted by TampaToker
                                      Hey man i gotta run out for the day but i will hit you up tonight later tonight to see if i can help you. If you ever wanna sell it let me know i will drive down there with cash in hand
                                      I wouldn't be opposed to a partnership agreement if you can up the production.


                                      Originally posted by MikeRoth
                                      Are you mining in a pool or solo? Does your hashrate actually show 91000Mhash/s ? According to calculations you should be doing 5BTC/24hours at current difficulty. The calculations have always been near accurate for me. If you're mining in a pool maybe there is a shitload of stales or connectivity issues with the pool.
                                      I am getting a lot of connectivity errors and junks/stales, which seems to be a function of the server I am connected to. I am in a pool, currently doing 20% of the work for 12% (functional work) of the pay. I switched it to an EU server and the errors stopped. I'm going to have to run it for a bit and see how it plays. If things don't improve, I'll switch pools/servers.

                                        Comment

                                        • TampaToker
                                          Confirmed User
                                          • May 2006
                                          • 5828
                                          #11
                                          Originally posted by edgeprod
                                          I wouldn't be opposed to a partnership agreement if you can up the production.
                                          Ok that's cool i can work with that i will hit you up later tonight when i get home.
                                          Icq 247-742-205

                                            Comment

                                            • MikeRoth
                                              Confirmed User
                                              • Jan 2011
                                              • 361
                                              #12
                                              Originally posted by edgeprod
                                              I am getting a lot of connectivity errors and junks/stales, which seems to be a function of the server I am connected to. I am in a pool, currently doing 20% of the work for 12% (functional work) of the pay. I switched it to an EU server and the errors stopped. I'm going to have to run it for a bit and see how it plays. If things don't improve, I'll switch pools/servers.
                                              Connectivity and stales will definitely drop your earnings considerably. When the pool I was mining with was having connectivity issues I was getting ~50% less payouts. I've found it's usually best to pick a large pool but not the largest. Something that does like 30-40% of the total hashrate. But you should see improvements if you got the errors to stop.
                                              ICQ: 64995031

                                                Comment

                                                • edgeprod
                                                  Permanently Gone
                                                  • Mar 2004
                                                  • 10019
                                                  #13
                                                  Originally posted by MikeRoth
                                                  Connectivity and stales will definitely drop your earnings considerably. When the pool I was mining with was having connectivity issues I was getting ~50% less payouts. I've found it's usually best to pick a large pool but not the largest. Something that does like 30-40% of the total hashrate. But you should see improvements if you got the errors to stop.
                                                  Definitely can't mine where the GPU mining was running. Totally different game now.

                                                    Comment

                                                    • SpicyM
                                                      Confirmed User
                                                      • Aug 2006
                                                      • 4577
                                                      #14
                                                      Paypal is a nightmare. The worst experience I have ever had with an online payment system. Their employees are acting like clueless retards. Not sure if they are Filipinos, but I believe they do not read the fucking emails and just copy + past their replies until you get angry , then they finally call in someone intelligent from their team to resolve your issue.

                                                      They keep blocking my account for bullshit reasons and do not fucking understand that I can't do any verification when I am blocked.

                                                      Not to mention their crazy fees for EU countries ..receive $600 and pay around $30 in fees.
                                                      no sig, sorry

                                                        Comment

                                                        • MikeRoth
                                                          Confirmed User
                                                          • Jan 2011
                                                          • 361
                                                          #15
                                                          Originally posted by SpicyM
                                                          Paypal is a nightmare. The worst experience I have ever had with an online payment system. Their employees are acting like clueless retards. Not sure if they are Filipinos, but I believe they do not read the fucking emails and just copy + past their replies until you get angry , then they finally call in someone intelligent from their team to resolve your issue.

                                                          They keep blocking my account for bullshit reasons and do not fucking understand that I can't do any verification when I am blocked.

                                                          Not to mention their crazy fees for EU countries ..receive $600 and pay around $30 in fees.
                                                          I'm not a huge fan of them either... I once ordered a dedicated server from a company which ripped me off. When I opened a case with PayPal they simply said that that company has had many similar complaints and there was nothing they could do about a refund for services not rendered. They would add my complaint to the list and closed the case. I had to go through my bank to do a chargeback which paypal usually bans you for.
                                                          ICQ: 64995031

                                                            Comment

                                                            • mayabong
                                                              Confirmed User
                                                              • Jan 2010
                                                              • 1952
                                                              #16
                                                              Originally posted by edgeprod
                                                              Since rev 1, I've been promised one. This is a rev 3 box. I have a Butterfly on order, but I don't expect they'll ever ship anyone of value .. once they release, the opportunity cost will be 100x what I paid.

                                                              At 3 coins/day, it'll take over 20 days to pay back the price of this ASIC. Ridiculous. When I ordered it, the pitch was 20 coins/day .. which justified sending them coins on spec. I paid $20 for the coins at the time, but still .. it's the principle.
                                                              You can't judge your future earnings from whatever the difficulty is today. When I get my BFL 60 ghs in June or July or August or September I'll probably be making a half a Bitcoin a day. Consider youself lucky. :p
                                                              Bitcoin Gambling Sites

                                                                Comment

                                                                • Dirty F
                                                                  Too lazy to set a custom title
                                                                  • Jul 2001
                                                                  • 59204
                                                                  #17
                                                                  Originally posted by SpicyM
                                                                  Paypal is a nightmare. The worst experience I have ever had with an online payment system. Their employees are acting like clueless retards. Not sure if they are Filipinos, but I believe they do not read the fucking emails and just copy + past their replies until you get angry , then they finally call in someone intelligent from their team to resolve your issue.

                                                                  They keep blocking my account for bullshit reasons and do not fucking understand that I can't do any verification when I am blocked.

                                                                  Not to mention their crazy fees for EU countries ..receive $600 and pay around $30 in fees.
                                                                  I agree. But that they are even considering adding Bitcoin is huge. I think todays price rise is because of this.

                                                                    Comment

                                                                    • NiXXiN
                                                                      Confirmed User
                                                                      • Apr 2012
                                                                      • 470
                                                                      #18
                                                                      Originally posted by edgeprod
                                                                      Since rev 1, I've been promised one. This is a rev 3 box. I have a Butterfly on order, but I don't expect they'll ever ship anyone of value .. once they release, the opportunity cost will be 100x what I paid.

                                                                      At 3 coins/day, it'll take over 20 days to pay back the price of this ASIC. Ridiculous. When I ordered it, the pitch was 20 coins/day .. which justified sending them coins on spec. I paid $20 for the coins at the time, but still .. it's the principle.
                                                                      hey man, i can help you mine with that rig with the right flag to get the max out of it. hit me up on skype (boydy369) or irc

                                                                      i take it you have got the necessary drivers @ https://github.com/BitSyncom
                                                                      Last edited by NiXXiN; 04-24-2013, 08:40 AM.
                                                                      _______________________________________________
                                                                      Onliance
                                                                      Resident Ginger | RBC Member | AppDev.
                                                                      Irc.Rizon.net #GFY

                                                                        Comment

                                                                        • edgeprod
                                                                          Permanently Gone
                                                                          • Mar 2004
                                                                          • 10019
                                                                          #19
                                                                          Originally posted by NiXXiN
                                                                          hey man, i can help you mine with that rig with the right flag to get the max out of it. hit me up on skype (boydy369) or irc

                                                                          i take it you have got the necessary drivers @ https://github.com/BitSyncom
                                                                          I'm getting the correct throughput now -- it was the server I was using.

                                                                            Comment

                                                                            • NiXXiN
                                                                              Confirmed User
                                                                              • Apr 2012
                                                                              • 470
                                                                              #20
                                                                              Originally posted by edgeprod
                                                                              I'm getting the correct throughput now -- it was the server I was using.
                                                                              Awesome, you using btcguild or another?
                                                                              _______________________________________________
                                                                              Onliance
                                                                              Resident Ginger | RBC Member | AppDev.
                                                                              Irc.Rizon.net #GFY

                                                                                Comment

                                                                                • edgeprod
                                                                                  Permanently Gone
                                                                                  • Mar 2004
                                                                                  • 10019
                                                                                  #21
                                                                                  Originally posted by NiXXiN
                                                                                  Awesome, you using btcguild or another?
                                                                                  I went to btcg for the ASIC, yeah. Was slushing previously with GPUs.

                                                                                    Comment

                                                                                    • NiXXiN
                                                                                      Confirmed User
                                                                                      • Apr 2012
                                                                                      • 470
                                                                                      #22
                                                                                      ahh, hey join the gfy team on btcguild? go into settings and select "Team GFY" from the list. it doesnt share your hashpower it will just show each other what we are mining at.
                                                                                      _______________________________________________
                                                                                      Onliance
                                                                                      Resident Ginger | RBC Member | AppDev.
                                                                                      Irc.Rizon.net #GFY

                                                                                        Comment

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