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Bitcoin Utopia Fund Raiser
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Richard Haselgrove Send message Joined: 4 Jul 99 Posts: 14653 Credit: 200,643,578 RAC: 874 |
after the funding ends, Swedens astronomical society sends/transfers money to SETi@home... Assuming the Swedish society has the legal power to do that, in their governing instrument - see my comments in the 'challenges' news thread. You really do have to do your homework/research first, or you'll be ignored for asking the impossible. |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
Please klik start a new thread about Donating to astronomical society's please This thread is about Bitcoin only so please stay on subject . Thanks Mark and Grumpy swede and Richard for trying to keep the thread on subject . |
Bernie Vine Send message Joined: 26 May 99 Posts: 9954 Credit: 103,452,613 RAC: 328 |
As Glenn has asked please stay on topic. Any further posts on donations or tax deductions will be hidden. Thank you |
KLiK Send message Joined: 31 Mar 14 Posts: 1304 Credit: 22,994,597 RAC: 60 |
Please klik start a new thread about Donating to astronomical society's please of course, lets stay OT...so Bitcoin! there's also a question about Bitcoin data is "AV positive"...& who knows what r u crunching & what 4... ;) non-profit org. Play4Life in Zagreb, Croatia, EU |
Mark Stevenson Send message Joined: 8 Sep 11 Posts: 1736 Credit: 174,899,165 RAC: 91 |
Please klik start a new thread about Donating to astronomical society's please I think that was brought up when the bitcoin fundraser started and I don't think the people in charge of BOINC would allow their system to be used for "nefarious" reasons . That wasn't why I didn't join in with that fundraser , Glenn told me about it and I looked at their web page , I was going to join but 1 thing caught my attention BITCOIN UTOPIA take a 10 % cut of what you mine , . I aint going to crunch and someone else gets the bitcoins from me for doing nothing . You might only get a small amount but times that by the number of people doing it and it soon adds up . Theres the set up cost but that's soon coverd and running costs but there basicly making money for F/A and that aint for me |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
Klik you only crunch the block chains nothing else . I think you need to learn more about the whole bitcoin thing and how it works . All Bitcoin Utopia do is provide a means to do the blocks via the Seti client . I can not use the miner i bought which was the wrong type to use with BU and is a bit too fast for that anyway . However if you buy the right kind then you can use BU get the credits on your R.A.C as well as earn money for Seti . As Mark says they do take a 10% cut witch is spose to be for running the service . However if you do not wish to pay it and do understna how Bitcoin works you can use your miner and log onto a pool and earn money that way and then when you have a bit just make a straight donation to Seti But you will still have to pay something to the pool which is aprox 2-4% . Without a miner you can't mine Bitcoin with your computer and it be profitable anymore as the miners are way faster than any GPU or CPU can do . Your computer and GPU can mine but it's just not profitable to use them to mine SHA-256 cryto currency's You can use your computer if you wish to mine what is called scrypt cryto currency's and make money . But you do need to understand how and what programs you will need to do it. And that is why Bitcoin Utopia is good as you don't only mine SHA-256 but it will also send you scrypt crypto and you don't need to know anything else except that you log on to Bu and it will send you the software and units without you doing anything . If you have done it via B/U you can see that you actually mining and not doing something else but you will have to do it to understand . Now i hope i've answerd all your questions about it. |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
Klik just so you get a idea . If you use your computer and not a miner via B/U after 1 month you would have ernt maybe $0.50 . So in most country's you don't even need a reciept to claim 50 cents and why you won't get a cert from B/U Now you do get lots of credit . So if you wish to climb the leader boards at Bionic then B/U will do that for you . I have 13,000,000 credits from doing B/U after only afew weeks . i was getting aprox 250,000 -500,000 per day credit. Your computers Gpu will earn aproxx 200 shears per hour per GPU and 1 shear per CPU core per 15 mins the Antminer i have will average 8,000 per hour so unless you wish to buy a good miner your not going to make much with your computer via B/U but 1000 users will earn the same as my miner will so a single user won't earn much for seti but 1000 will for no extra outlay of cash . I hope that explains things for you Edit: You can check to see if your actually doing Cryto buy looking at the STRR file as you would any normal Seti units and it will tell you how many blocks you have found and what the hash rate was. |
KLiK Send message Joined: 31 Mar 14 Posts: 1304 Credit: 22,994,597 RAC: 60 |
I know enough about Bitcoin, not to mine them... why? 4 the same reasons why r some things encrypted with SHA-256...u could be "mining" a new location of your Australian military naval bases? A top secret document which is meant to stay secret - but u won't see it, the guys who pay u 4 "mining" will only get results! Next generation of airplane comunication frequencies & codes, or programs in the airplane... Nope, I'm not doing Bitcoin - until they disclose exaclty what r they "mining", what 4 & who has ordered those info... ;) non-profit org. Play4Life in Zagreb, Croatia, EU |
Mark Stevenson Send message Joined: 8 Sep 11 Posts: 1736 Credit: 174,899,165 RAC: 91 |
I know enough about Bitcoin, not to mine them... Who knows you could be right but I very much doubt it some how and think that's a bit paranoid , are you in the "tim foil hat brigade" , you should check out a site called Above Top Secret you would fit right in there :-) |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
heheheheheheheh picks jaw off the floor . yep your right very paroniod and it shows he doesn't know what he's talking about . Mate you can encrypt a message in the block chain yes but not what your thinking mate . OMG that was a good one I guess you will have to right each and every pool service to find out what your mining , oh my i'm logged on to a site in China i must be helping them break the American codes ahhhhhhhh i better stop and turn it off before they come and arrest men as a traitor to my country . |
HAL9000 Send message Joined: 11 Sep 99 Posts: 6534 Credit: 196,805,888 RAC: 57 |
heheheheheheheh picks jaw off the floor . yep your right very paroniod and it shows he doesn't know what he's talking about . That is just silly. I think we would just shoot you with a drone these days. :P Cryptocurrency mining would actually be very hard to mock up in the way they mentioned. Given the open nature of the applications used. SETI@home classic workunits: 93,865 CPU time: 863,447 hours Join the [url=http://tinyurl.com/8y46zvu]BP6/VP6 User Group[ |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
That is just silly. I think we would just shoot you with a drone these days. :P hehehehehe I'm easy to find Hal9000 top floor mate so you can't miss |
Mark Stevenson Send message Joined: 8 Sep 11 Posts: 1736 Credit: 174,899,165 RAC: 91 |
That is just silly. I think we would just shoot you with a drone these days. :P Here you go type IP12 1PZ into google earth im the last house on the left down the bottom of a cul-de-sac , I aint worried we have the Apachies flying round here all the time from Rock Barraks that used to be called R.A.F Woodbridge , theres history if you know what I mean and int hard to find out with google |
FeK9 Send message Joined: 20 May 99 Posts: 40 Credit: 61,229,677 RAC: 26 |
That is just silly. I think we would just shoot you with a drone these days. :P Keep a watch out for 'SAL9000', she probable a Gem... :) Noli tangere circulos meos... |
Mark Stevenson Send message Joined: 8 Sep 11 Posts: 1736 Credit: 174,899,165 RAC: 91 |
That is just silly. I think we would just shoot you with a drone these days. :P SAL90000 that's 2010 and in Hall's "creator's" home int it (beardy nerdy bloke) |
HAL9000 Send message Joined: 11 Sep 99 Posts: 6534 Credit: 196,805,888 RAC: 57 |
That is just silly. I think we would just shoot you with a drone these days. :P Well SAL9000 has been known to be a bit less insane. SETI@home classic workunits: 93,865 CPU time: 863,447 hours Join the [url=http://tinyurl.com/8y46zvu]BP6/VP6 User Group[ |
petri33 Send message Joined: 6 Jun 02 Posts: 1668 Credit: 623,086,772 RAC: 156 |
I will not dedicate my programming efforts to any coin. I'll do it for the green men wearing their tin foil hats. I must have done something right but there is a thought of accuracy: Darling, I have added a million of different small numbers together in order. -- Oh Well, what did You get? But my Darling, I added them in a series of 16 pairs recursively. -- so What! Mathematics works anyway. But... To overcome Heisenbergs: "You can't always get what you want / but if you try sometimes you just might find / you get what you need." -- Rolling Stones |
Blurf Send message Joined: 2 Sep 06 Posts: 8962 Credit: 12,678,685 RAC: 0 |
They have to pay their costs....servers...bandwith... Heck part of what you give to Seti goes to pay their bandwith/server costs as well. Same thing to be honest. Nothing nefarious at all. |
HAL9000 Send message Joined: 11 Sep 99 Posts: 6534 Credit: 196,805,888 RAC: 57 |
Same with any donation really. Some NPOs burn through as much as 50% in "administrative/transportation costs". They lowered the percentage to 10%, from... 15%?, as more campaigns got going. In the future it might go down even less. Given the total amount of money raised so far. I would be surprised if percentage has paid more then a month or two for their running expenses. SETI@home classic workunits: 93,865 CPU time: 863,447 hours Join the [url=http://tinyurl.com/8y46zvu]BP6/VP6 User Group[ |
KLiK Send message Joined: 31 Mar 14 Posts: 1304 Credit: 22,994,597 RAC: 60 |
heheheheheheheh picks jaw off the floor . yep your right very paroniod and it shows he doesn't know what he's talking about . The whole story doesn't add up...to mine 4 cryptocurrency & exchange it 4 a real currency - right! that works only if someone puts money inside...of the BITCOIN would have inflation like a "real estate" in USA from 2000-2008... after all, Bitcoin is just another currency...so it has to have same "economic laws" as all other currencies...in otherwords: if u r only mining cryptocurrency & no money is comming in - the Bitcoin would be WORTHLESS! so someone is pouring in money & making orders to "mine something"...why is it so secret about what people r working on? ;)
so they need money to function...hm, how interesting! LoL :D everything is all about money...in SETi@home or Bitcoin... non-profit org. Play4Life in Zagreb, Croatia, EU |
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SETI@home and Astropulse are funded by grants from the National Science Foundation, NASA, and donations from SETI@home volunteers. AstroPulse is funded in part by the NSF through grant AST-0307956.