btw MtGox.com ‏@MtGox 4m
We are experiencing a stronger than usual DDoS. We are working in it.

this is one fucking huge ddos, i wonder what locations it is getting hit from?

this is all strange, because I am seeing current updating exchanges in the $67 dollar range on http://preev.com/

are there any, real, large value sales going on?

now down to $65.00

mtgox down again?

congrats on the new gig

cheers man!

mtgox is back up

So funny to see all those idiots buying the new Hype Bubble.

Can't wait to see the bubble crash in their faces.

Adult Webmasters should read "Economy for Dummies" to get some basic clue.

Nuts patrol should visit this thread and make new members, lots of candidates :)

Good call :upsidedow

What, they can't simply add an arboR networks 1000gp in front of their webservers/proxy?... :error
Shit any host worth its money rent these things out peanuts and you don't even have to host with them :2 cents:

Btw nixxen - congrats on the gig :thumbsup

Im up for that i have 1.6Mh today and another 2.2Mh by the end of next week 3.8MH total

If your seriously going to do it ill sign up

What bubble exactly, you imbecile?

Is this really all you idiots can come up with?

maybe you missed something? The part where a bitcoin is worth twice what it was a month ago.
Yeah, we're such idiots.

Fuck, you people are dumb.

Nice :thumbsup

Guys if you are going to do a skimming pool please please please let me help I have some useful knowledge and can handle lots of the tech stuff. we could tack on 100 Ghash in no time.

Very simple, all we need to do is assign ourselves more Ghash than we bring, because there is no one to one block award ratio. When we get awarded a block, we can distribute it according to whatever hash pool ratio we say, and as long as they are getting a return the folks won't mind.

No clue what you said but either way if the coin stays this low mining with a few gpu's won't be worth it.
It was worth it 2 days ago but now, no.

Are you suggesting we should scam people by not giving them a fair share? :helpme:error

what? dude 100 ghash would average 20k a month at these prices - do you understand we'd be aggregating processing power?

That is a service. Do you call bank spread not a fair share? It is simply expressed in terms of mhash contribution

Hmm...well talk to Nixxin i'd say..he be boss.

If it would be this easy wouldn't everyone be doing it?

You at $180 yet?

Nop, it was back at 140 before till they got ddos'd again. Sad to see that the only thing holding it down is not the coin itself but shitty servers and ddos kids.

Don't you agree?

:Oh crap

http://i.imgur.com/CruiHQb.png

Question, is MtGox that important that you're blaming the drops on them?

BTC-E has been up all the time this crash in price etc has been happening, as far as I can tell.

As I understood it, the higher the price the harder the mathematical pb to solve hence longer time. So whether btc is 1c or $1000 the relative work stays the same. Ie as price goes up, so does the number of cpu cycles required.
Well, that's the logical way anyway.

Yes, 80% of the coins pass through them. No need to explain it any further.

You might be right. Tbh the mining part is still quite unknown to me.

Hmm calculator says no.

Where 2 days ago i was looking potentially at 50 dollars revenue a day it now is 10 dollars. Unless i'm missing something.

Just as I typed that question, I went to btc-e to have a look and someone posted the excact same thing :1orglaugh

Oh well now I know :)

I think mining is where it is at, need to dig into this a bit more.

Right because it's already engaged in the mining. You can't switch the problem once the puter has started on it. But once it's finished the cycle and mined a coin, it will get a pb relative to what the value is at the time it starts. I guess. So best to start off a mining run just befor an explosion in value so when it completes a cycle the value is high.

No no, online calculator.

That's where the easy money is to be made. Launch an edu grid off-peak and it'll churn out a coin roughly every 6 hours

K, I'll look into this some more

I have no clue what you mean but i like it already :1orglaugh

And forward me your findings :winkwink:

If ddos kids can destroy it at will, it really has no future. They need to figure something out or it doesn't stand a chance of being legitimate and used on a larger scale.

Yes, that is correct.