Bitcoin Forum

It seems the BTC addresses are unending and you generate 200 addresses per year. Is there anyway to profit from that? Anything at all?

yes theres a way on profiting on bitcoin address.
buy modifying its prefixes and sale it the member who will request it.
theres a lot of services like that in the forum. and i think that is the only waf as far as i know to make profit in bitcoin address. :)

No, you don't earn for generating bitcoin addresses, that would be easy money right.
It could be that someone sends btc to your address by accident, but that doesn't happen alot, so basically the answer is no.

If you happen to get lucky and find a rare bitcoin address such as one that starts with a long word or a long number then you could potentially sell it. However this would be very hard as you would know the private key so would have access to the wallet. You would have to convince someone that you wouldn't steal their bitcoins. So overall, no you can't profit from it, you could however end up with a really rare Bitcoin address.

If you are looking for how to multiply your coins, generating bitcoin addresses won't be of help. But you are already on the right track, the money earned from campaigns can be invested in trading.

people would definitely NOT buying these things because you know the privkey been revealed to more than 1 persons so the money on the specific address could be stolen anytimes,people would prefer generating by themselves than buying,it's more secure

yes. some people are interested in a unique address. so it's possible if someone is interested in your address and want to buy it. you can sell it for high price. it's one of simply way to get bitcoin, so people generate their addresses or they just want to generate without earning profit.

i think OP is talking about Bitcoin Vanity Address generation but he doesn't know how to ask his question properly. i assume this since he said 200 addresses per year because there is no limit for creating bitcoin address and you can make hundreds of random (normally with a wallet) every hour until you get tired.

and if he means that, i have to say there is no much profit in doing that because of lack of trust and especially because there are others who are doing it with some reputation built up, but it is still not safe .

Well... He can use the split-key method, which is safe for both parties involved if i'm not mistaking. However, like you said: other, very trusted members (like Shorena) are already generating vanity addresses this way, and they ask a very minimal fee, so i don't think there is any profit to be made this way.

No they themselves can create it(an address with a similar prefix, as the combinations are in more than billions) for little to no effort.

Only way I know of making BTC from BTC addresses is by mining the Clams(an altcoin) on addresses used before CLAM was introduced, and then trading them for BTC

With vanity address generator you can make your own BTC address - and that's all. In Blockchain you can make also your private BTC address, which is not available to public.  ;)

i don't really think that you can earn from addresses, like someone said you could get money only if someone would send bitcoins to your wallet by mistake

You Don't Earn a Single Satoshi By Generating Addresses Because if it is Possible then Everyone Can Make Money the Easy way. At last My Answer is No you don't Earn any money with it....

when I needed confidentiality of any transaction that I did then I would generate my bitcoin address.
it will make me more secure confidentiality. I prefer my account secure.

Nothing. I generate a new address always with my coinbase account and have over 5 blockchain addresses and there is nothing you can really do with an address unless you hold coins in the account and you are reputed enough to get a buyer ready to buy your address even with/without coins and that could make you look shady as it's selling your identity. You can get an address that starts with your name and there are few who sell those addresses for $3 or less.

 I have seen that services in Digital Section before and I wonder how they come up with that "vanity" bitcoin address. As another has pointed out, how can you sell that address if you know the private keys or, how you can convince the buyer?

Yes, there is a way. You can create interesting Bitcoin address like this: 1111111111111111111114oLvT2 and sell it to people :)
Source : https://bitcointalk.org/index.php?topic=237143.20

And if you are thinking that you might suddenly get a bitcoin address with money inside while randomly generating Bitcoin addresses, then you'll probably be disappointed. Check this thread to read about collission :D https://bitcointalk.org/index.php?topic=104461.0

Impossible for me to generating until 200 address in a year, the generating address is same means with giving a freedom for someone to manage their money and it's can making someone interested in putting or keeping their money into the wallet.

BTC addresses only as a reservoir and facilities to conduct transactions and to get it we can do it quickly and easily. Of the features have many BTC addresses can give you an advantage for us, if we have online stores that accept payment using bTC. because that way we can give a sign to everyone who commits a transaction in our store

Taken from https://bitcointalk.org/index.php?topic=1475858.0:


Now you know :)

You can generate long Vanity Bitcoin addresses that often require some larger amount of computing power. I don't know how the application is now, or if an optimized way to generate them exists yet, but if you are aware of people who require auto generated vanity bitcoin addresses that are longer in length and if you have the computing power, you could ask them to pay for you to generate them.

I don't know anything special to do with a lot of BTC addresses.
But what I use is the Blockchain's API to generate different addresses that points to my main wallet.
That way I can give a unique address for each of my clients.
There is a lot of possible applications of this feature.

Actually you can, there is service called vanity pool where people pay for vanity addresses and anybody can find the address and get paid. It uses the split key method and thus is completly safe to use such vanity address. You can download and run oclvanitygen and start finding vanity addresses others request and get paid if you find the address.

Just for comparsion, your computer CPU can search through about million Bitcoin addresses per second, GPUs few millions Bitcoin addresses per second. But to find longer vanity address (6 and more characters), you need to check a lot of random Bitcoin addresses to find match to your defined starting vanity address, and it might take a lot of time (days, months)

Something that might be cool, is if someone could generate unique addresses somehow, and not know what the private key is... They press a button and it shows them the Bitcoin address and not the

private key. The private key will only be revealed to the person who buys the unique Bitcoin address. You pay the person who is generating these unique addresses, for their time. Something like this

needs human interaction to spot the unique addresses. { I am not talking about Vanity addresses } ... It would be better than solving Capthas every day on faucets and would provide genuine income

for people without jobs. { micro tasks }  ;D 

With a really rare bitcoin address you can be given a special space in bitcoin address hall of fame which lays somewhere in this forum. Maybe they will give you a reward for that, a beer or something.

I disagree. There are actually some people earning bitcoins from generating address. Just look at https://bitcoinvanitygen.com/ They do profit from generating addresses, by spending some hash power to generate a bitcoin address with preferred prefix although only at a certain condition.

You might not be able to generate revenue from your addresses but there are other things you can do with it, for example keeping a message in the blockchain.

For example, I can generate the following addresses and send fund from one to another to link them up:

1youxxxxxxxxxxxxxx
1lovexxxxxxxxxxxxx
1ixxxxxxxxxxxxxxxx

The last one will be where the fund is. If you track back the flow of bitcoin, you will get the message "i love you".... I guess this is might be meaningless to most but could be cool for some... Just be creative!

With the bitcoin address more things have changed in day to day transaction, as well due to the gradually increasing acceptance bitcoin addresses help in donations to illegal purchase.

Most likely if you 're lucky and find a bitcoin address measures such as the one that starts with the word length
or the number of time then you could potentially be sold . but it will be very difficult because you also learn personal key / password so that you
can access to the wallet . if you want to sell , you have to convince someone that you're not going to steal Bitcoins them .

Well if you own a company and hosts multiple wallets as one of your features in your site. For example a gambling site has multiple wallets for you to deposit your balance, if you lost on your game then they profit.

Wallet addresses cannot give you profit directly but it plays a significant role in profit making. Without it you cannot profit in the virtual world.

Whats the meaning to sell a bitcoin address when you are not safe to use a bought address because someone else can spend your money. The best way is to generate yourself the address and use only you.

That is a burn address, what would a person do with the address if they can't access any BTC in it?
When you're quoting a site that has already scammed many users, don't use "https://" if you wouldn't like to give it more traffic. If you didn't know about the scam incidents, just google it

That sure is a brun address(with hash all 0's) but what I actually meant was interesting address that has something unique like 1QBDLYTDFHHZAABYSKGKPWKLSXZWCCJQBX which has all caps or something similar.

No, someone cannot spend your money.
For instance, let's take an example of bitaddress.org, You can't actually generate the desired vanity address until you have both the partial-private keys. You merge them and then you get a new private key which carries the address of your choice. The third party never has access to your partial-private key, so he never has access to your vanity address private key.

There is no profit in making many or multiple bitcoin addresses.

But the special thing that the multiple wallets can do is it increases protection of my bitcoins from hacker. Multiple wallets means that I have multiple savings in different wallet so that if one is hacked their are others that I can use.

You can make your own addresses with btc generator that's the good point.
But if you have multiple address on one wallet , you can split your needs into different address , like one address for faucet . And the others for escrow / receiving payment.

This is before you own that address because until then nobody is using that address, but vanity address are only used to have a custom prefix <10 characters which is not hard for someone else to generate. I think that OP is talking about sharing the private key with someone else which is a worse idea.

That's not quite true. Only here in the service forum there is a post from someone selling vanity bitcion addresses and it seems she has buyer and lots of them. You can find her post here: https://bitcointalk.org/index.php?topic=1257817.0

Interesting...learn something new everyday

It takes cryptographic hashing power to create a bitcoin address. Not many people have this, but if you do, you can profit if this by making addresses for others. They're called "Vanity addresses".