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1241  Other / Beginners & Help / Re: Tips so you don't get your coins stolen. on: July 21, 2014, 06:19:06 AM
You can encrypt your wallet.

Encrypting the wallet is good - but only if you can remember the password.  The problem with this is that so many users come back 6 months later stating they forgot their password and need help brute forcing it.

Encryption via passphrase is also only safe if there are no keyloggers on the machine.  If you have a high entropy 40 symbol passphrase and the keylogger captured all that - as simple wallet.dat stealing trojan can take all your coins.

To be safe the keys need to be kept offline --> cold storage.
1242  Other / Beginners & Help / Re: Tips so you don't get your coins stolen. on: July 21, 2014, 06:15:55 AM
I would say that the best advice is to simply don't make it known that you have a lot of bitcoin personally.

You should also keep your bitcoin stored on a computer that you use only for bitcoin, and you send yourself an email whenever you need to send bitcoin to a specific address.

Not the best advice.  Most of the people losing coins of their own local machine lose them through malware/trojans.  They don't have to type a single thing on these forums but if they click and download too much stuff their coins are gone.

Email is horribly insecure.  And most people don't have the option to have a second machine.  For those that do you can make a cold wallet that will never see the light of day (no internet connection whatsoever) and you can send coins there and they can never be stolen short of somebody stealing your paper wallet at home.  Even that you can protect with an M of N wallet - the knowledge is there on these forums, you need to read.
1243  Other / Beginners & Help / Re: My wallet is stolen! (10 BTC) on: July 21, 2014, 06:02:14 AM
There's no need to be overlying complicated when making offline cold storage.  There are alternative clients like Electrum and Armory that make this simple and essentially foolproof.  Armory even has a step by step posting of what to do: https://bitcointalk.org/index.php?topic=152151.0

Now if you have 0.1 BTC it may not be worth the hassle, but if it's more than a month's salary and you don't need access to it regularly it makes sense to spend an hour or 2 and learn how to use 1 or 2 wallet alternatives.
1244  Other / Beginners & Help / Re: Someone sent me 0.0136 free? on: July 21, 2014, 05:55:49 AM
After a bit more investigation i looks like the payment was from freebitco.in, has anyone else been paid more than they won?
freebitco usually leave put their message/comment in their tx
maybe you can check your tx in blockchain, if there's some freebitco comment, it's from them Grin
Well it was from freebitco but i know i didnt win that much. Even if there was a mistake the cant take it back.. can they?

Barring a forked Bitcoin chain, payment made are irreversible once they have some confirms on them.  They could ask for the coin back, but for $10 I doubt it's worth the effort if it was a mistake.  Enjoy the money or give it to a BTC charity if you want to help out.
1245  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is My Rig good for Mining? on: July 21, 2014, 05:52:26 AM
The video card is utterly useless for any kind of mining, the GT 610 is slower than most on CPU video like the Intel HD4000.

You might be able to get a few hash out of the CPU for cryptonote, but a GPU would be about 100x as powerful - so not energy efficient.

Basically you should not mine with that setup. Spend the money buying coin, not buying new hardware.
1246  Other / Politics & Society / Re: Florida jury awards $23.6 billion to widow in smoking lawsuit on: July 21, 2014, 05:33:12 AM
The American justice system at its finest.  Those idiot jurors can't conceptualize how much 23 billion dollars is.  They basically gave a small county to the woman.

Here's miss, we now declare you Queen of Fantasy Land.
1247  Other / Off-topic / Re: Happy 45th Moon Landing Anniversary, Earthlings! on: July 21, 2014, 04:55:03 AM
Important Reminder:

Forty-five earth years ago, you filthy carbon-cyclers have set your clumsy locomotion appendages on the surface of your moon.  Where you weren't invited and certainly didn't belong.

Forty-two of your years ago, We [I, Am, Is] put a stop to that mischief--you oxygen-suckers haven't left your Earth's orbit since.

Stay "home" where you belong, Humans--in your basements.




Have they really been to the moon? :-)
Wasn't there something recently that the current moon photos made by moon rover show the color of moon ground to be different then the famous 1960s pictures?



Did you look at the video above?  I would like to see a skeptic explain the return signals.  Perhaps they thing some lunar rocks are reflective enough  Cheesy
1248  Other / Off-topic / Re: Do you think she is pretty? on: July 21, 2014, 04:46:30 AM
she isnt pretty. she is gorgeous and hot.
would do.

why ask ? you know she is.
who is it any way ? some one you are stalking on facebook?

Please read the whole thread so you understand the context.  She is a he!  Shocked

There, now that you lunch is all over your lap, here's a tissue.  Read before clicking in the future and beware of ladyboy threads  Cheesy
1249  Other / Meta / Re: Little help with an abusive member: Vod - Self Proclaimed forum admin on: July 21, 2014, 04:43:46 AM
evershawn, given the trust that Vod has garnered (I'm not referring to the trust system here) I doubt you'll find too many sympathizers here.  I would suggest advertising your plan somewhere else.  If you don't feel bitcointalk is welcoming you are free to post elsewhere as this site is not the only game in town.  Vod is fulfilling his role as community vigilante and to be honest he had helped thousands of people from getting scammed - at least that is my opinion.
1250  Other / Off-topic / Re: USPS 1-day Express, took 3 days! on: July 21, 2014, 04:38:23 AM
Mailing after the 4PM cutoff for Express counts as mailing the next day.  Unless there's a weekend involved or a holiday you're still entitled to a refund, but getting a refund from USPS is painful. Their website double charged my credit card once - took me 97 days to get back $5.90 - only because it's USPS did I pursue it out of spite.
1251  Other / Off-topic / Re: Shot fired in the White House: Missed! But close... for those wondering. on: July 21, 2014, 04:35:10 AM
A glorified nerf launcher is a science project?  Make a rail gun and coat the marshmellow with inductive metal and launch that - that would be a science project.
1252  Bitcoin / Pools / Re: *** GHash.IO mining pool official page *** on: July 21, 2014, 04:02:22 AM
I really don't understand why Ghash is ignoring these ideas that we came up with, and they could come up with easily. They say that they're doing everything they can, but that's just not true. They aren't even bothered to reply to us. What do they want to do? Create fear?
The way they make announcements to a wide audience without ever communicating directly with any of the users here on the forums reminds me of the smug behaviour of deepbit during its dying/quietly fading days but in an even worse manner showing what looks like a complete lack of respect to miners. Compare their communication to Eleuthria's of BTCGuild who has continually responded to almost every single comment no matter how mundane.

Users have more power than they think and the bitcoin mining community at large has held many groups to task over the last few years and it remains the responsibility of users to continue protecting other users and bitcoin. The reason ghash did not reach 51% was because of the many warnings posted here and elsewhere. While you're all complaining that a simple announcement by ghash to tell miners to direct their hashes elsewhere is nowhere near enough of a total solution to the possible destabilisation of the network by them receiving a majority of the hashrate, bear in mind the only reason they have made this announcement is because of continued pressure by the community and it should be seen as a major milestone, but I agree we must not become complacent by this one step alone.

I'm not quite sure if they really want to keep their hashrate below 50%. Of course they don't have that much of an incentive. Why would they? Some people claim that it hurts the stability/trust of the bitcoin network and thus affects the price. But I'm not entirely convinced. I buy the idea that the price tanked when they did cross the 51% a month ago, but I don't know if there really is any downward pressure right now due to their hashrate!

Dell and Newegg have accepted use of Bitcoin as payment.  The only other negative looming is the NY legislation and that is up in the air.  The worries of 51% have never really resolved because the issue has been sidelined.  As ckolivas notes we should not be complacent.
1253  Bitcoin / Mining speculation / Re: Is it better to... on: July 21, 2014, 02:59:34 AM
In the long term, it would be the same.

1TH/s for 24 hours = 24TH/s for 1 hour. No difference.

There is only no difference if there is not difficulty change in the coin being mined.  Consider than if somebody could mine with 1 Petahash for a day right now versus mining with ~ 3 TH for the next year, the 1PH today would make tons more.
1254  Bitcoin / Mining speculation / Re: Which pool will yield the most bitcoins? on: July 21, 2014, 02:50:40 AM
Ignore andylin, he spammed 15 posts before I assume being banned.

The best pool is the pool that makes you happiest.  If having peace of mind is important then mine on the most stable pools like BTC Guild or Bitminter.  If guaranteed income makes you happy look for a PPS pool if it exists to negate variance.  If you like gambling and the thrill of possibly making double earnings mine on a smaller pool.

If Ghash.io wasn't trying to take over the network they would be an option, but in their current state they need to be avoided at all cost.
1255  Bitcoin / Mining speculation / Re: Investing in cloud? Worth it? Which site to pick? on: July 21, 2014, 02:37:35 AM
Cloud mining only generates profits for the company and not for the customers. The company then takes those profits and builds their own mining farm to earn more coins and when those hashes start to stray from pure profit they offer them as additional power on their cloud contracts.  The only person who wins in all of this is the company selling he hashes.
1256  Bitcoin / Mining / Re: What is average cost of electricity for miners? on: July 21, 2014, 02:27:23 AM
Mine is tiered in southern california...

0 - 376kwh = $0.15
377 - 488 = $0.16
489 - 751 = $0.31
751+ = $0.34



751 kWh/mo is about 1.04 kW average utilization, which is a low threshold. This means you would essentially be paying $0.34/kWh for any miners you add, correct?

Yes it's tiered pricing and depending on how you live mining may use only top tier electricity rate.  I live in Southern California and as I posted in another thread my entire family lives very miserly (aka cheap).  We try to keep the total KWH per month under 350 because I hit $0.31 at that point and $0.35 soon after.  I only ran miners to test them before deploying them elsewhere.
1257  Bitcoin / Mining / Re: What is ASIC miners on: July 21, 2014, 02:18:32 AM
The English and non-technical version: ASICs in this context are CPUs designed solely for the purpose of mining SHA-256 cyrptos - the most popular one being Bitcoin.  Since the chip can only mine and do nothing else (doesn't produce video or audio output, doesn't have extra L2 cache, etc) it is 100x faster than a GPU - just like how a shovel is designed to move dirt while a mop is not.
Thank you, that's what I thought. so there are (or could be in a future) a coins which gives advatages to gpu's but asic's are useless for them. Am i right?

So you are asking about alt coins.  You need to post in the Alt coin forum.

But as it is right now there are very few ASIC's developed for non sha256 alt coins.  So those coins may be for GPU or even CPU's only until someone develops ASIC's for them.

But again the folks in the alt coin section would be more knowledgeable about that.

no, it's not about altcoins. I'm interested in difference between ASIC and GPU, this question simply followed.


Well the ASIC only has advantage if it's doing the specific task it was designed to do.  It has an advantage over a GPU or CPU as long as the coin is SHA-256.  Other coins like Litecoin have their own ASICs made for their protocol (scrypt).

So yes any new coins that come out that use an algorithm for which there is no ASIC (like cryptonote based coins) will have an advantage on GPU since the Bitcoin ASICs can't even attempt to mine those coins.  If a coin/algorithm becomes popular somebody will make an ASIC to mine it for profit.
1258  Other / Beginners & Help / Re: Just received a lot of core I7 computers, what to do next ?? on: July 20, 2014, 11:04:13 AM
Hi,

 I'm in a summer install of about 400 new core i7 computers in my campus. I had time and tried x11 cpu mining on multipool thru a mining proxy  , on about 150 computers, and go up to 30/40 MHash. (and i don't seen that the aes option is default disable in the bios  Sad )

 Now need some advice with such a red, what's the better ? continue use a multipool , build a P2P Pool, solo mining ?? Going on x13/x15 other news cpu coin ?

 
Thx for any advices!

 

Don't do it, you would get sues for using campus's resources.

I should compile a list of all the people who have come on bitcointalk and asked these stupid questions and ended up losing their job or worse.  Unless you receive explicit permission stating you can mine you're pretty much committing theft of resources - not only will they kick you out of school, they can charge you for incidental expenses.

Greed makes people stupid.
1259  Other / Off-topic / Re: do you enjoy eating sandwiches with potato chips in them? on: July 20, 2014, 10:56:48 AM
I prefer to have potato chips on the side with my sandwiches.

I think it would be gross if my sandwich would be crunchy from chips.

Actually it brings new texture to the food and as long as the flavors don't clash for your personal taste it would be quite good. Damn, now I'm hungry thinking about a ham & cheddar with some Lays on it.
1260  Bitcoin / Mining speculation / Re: Question about mining and profitability? on: July 20, 2014, 09:31:23 AM
The next difficulty jump is going to be over 10% at least.  We caught a breather with the 3% jump last time but we may not see that again for a couple months.

To guarantee ROI you need closer to 0.02 like WA state.  It's possible with 0.07 but you're slicing it thin.
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