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1261  Bitcoin / Bitcoin Discussion / Re: We need save Ross Ulbritch now! on: May 08, 2021, 06:43:00 AM
You might change your mind about Ross, when you read the chatlogs from his computer. Esp. the parts where he ordered to kill various people and his reaction, when he knew about the deaths, which actually never took place, but he definitely THOUGHT he ordered to kill somebody.

I think that there is a strong possibility that one of those corrupt agents on the case framed him.
1262  Economy / Services / Re: I will Pay you for your help. TX STUCK FOR 23 DAYS AND COUNTING on: May 08, 2021, 06:37:09 AM
From what I can tell, the transaction was confirmed seven hours ago:
The OP got lucky considering the crazy fees we have seen for the next few months. A few days ago it was over 150 sat/vMB from jochen reading. Even a few hours ago it was over 80 sat/vMB. These days the miner's fees are very volatile. I think some online services has high fees set as default and they create all these high fees paying transactions.

Anyway, it was a good experience for OP maybe next time he will know which wallet will be best for him after reading above responses.
Custodial wallets, exchanges even gambling sites are the main reasons why the fees are highly volatile and insane when the required fee is very low so its like some kind of manipulation too. Every exchanges and sites should move to dynamic fee structure so they can avoid spiking the mempool fee with their high fee which is win-win for them as well as to the crypto community.

Someone paying an unnecessarily high fee doesn't affect the fee that you must pay. All that matters is whether they are paying a higher or lower fee than you. If a 10 sats/vbyte fee is necessary to make it into the next block, then it doesn't make a difference whether an exchange pays 100 sats/vbyte or 1 million sats/vbyte.
1263  Bitcoin / Mining / Re: How often does a solo miner solve a block on: May 08, 2021, 06:17:57 AM
I know its a long shot, but I was curious how often a solo miner solves a block?  Probably not a topic that would freely come up by the person solving it for anonymous purposes.

It depends on what you mean by a "solo" miner. Strictly speaking a solo miner is person or company that hasn't joined a pool.

For example, Bitfury is a solo miner. They have been doing large-scale mining since the beginning. They don't advertise in the blocks that they find, but I'm sure that they find a significant fraction.

In fact, the miners that find about 30% of the blocks are unknown. I'm sure that there are many solo miners in that group, though they are probably all large-scale operations.

Anyway the math is simple. During the current difficulty period, one S19 at 110 TH/s will find a block on average once every 2.06x1013 * 232 / 110x1012 = 8.04x108 seconds = 25 years. Note that this is the same whether you mine solo or in a pool. If you want to average 1 block a year, you will need 25 S19s.
1264  Economy / Services / Re: I will Pay you for your help. TX STUCK FOR 23 DAYS AND COUNTING on: May 06, 2021, 09:40:39 PM
If the bitcoins were sent to your wallet (not custodial, of course), then you can speed up the transaction by sending the unconfirmed bitcoins to yourself with a $400 fee. It is called CPFP.

If not, then don't give up hope. Fees will probably be dropping very low this weekend, and even a 2.2 s/b transaction may be confirmed.
1265  Other / Off-topic / Re: This generation is normalizing prostitution. on: May 06, 2021, 06:51:44 PM
... fortunately for her the dad caught her and beat the hell out of her. ...

And yet, you approve of that. I assume you also would be ok with throwing acid into her face, or raping her, or murdering her.
1266  Bitcoin / Bitcoin Discussion / Re: MARA Pool mined its first 'clean' block today on: May 06, 2021, 06:43:24 PM
Apparently they blacklisted the North Korean Hackers which is actually a + point for us , since at the end of the day making this network more safer is also a priority.

Blacklisting addresses does absolutely nothing to make the network more safer.

I do not think they will blindly black list a lot of people for sure.

I wouldn't be so sure about that. There are hundreds of people in the U.S. who are not allowed to fly for political reasons.

1. If a person did not do anything wrong I do not think that they should be even worried about these regulations.

1267  Bitcoin / Development & Technical Discussion / Re: Why is it necessary to mine the genesis block? on: May 06, 2021, 05:33:51 PM
With a new blockchain started in 2021, even if the genesis block is precomputed with a non-zero difficulty, it may still be feasible for someone with considerable mining power to just compute the first X blocks again and replace the block history...

Not quite. Mining the first 32000 blocks (difficulty 1) would take a little more than 1 second with a S19 pro; however, you still would need 51% to replace all of the blocks.
1268  Economy / Economics / Re: disruptive market idea on: May 05, 2021, 03:27:45 AM
...but has anyone ever thought of making an exchange/market that actually allows for change
where the lowest bottomline available order does not have to be zero...

It won't work. Suppose the minimum price is $1.00, but the most anyone will pay is $0.95. Trading stops. End. Of. Story.
1269  Bitcoin / Development & Technical Discussion / Re: Shouldn't DNS seeds avoid returning pruned nodes? on: May 02, 2021, 05:48:47 PM
By not requiring all nodes to maintain a full blockchain, this opens the potential that one day the full blockchain may be lost.

You can't require nodes to do anything, and as long as your node holds the full block chain, it will never be lost.
1270  Bitcoin / Bitcoin Discussion / Re: PoW and free energy on: May 02, 2021, 05:35:50 PM
I was wondering... When nuclear fusion becomes a thing in "the next 30 years", i.e., almost infinite and free energy production, what do you think will happen to proof of work? Will make the bitcoin consensus stronger or weaker?
If nuclear fusion is going to be centralized, as it seems for now (look at the ITER), then I think it can be a problem. Nation-state attacks could be feasible.

The overall cost of mining is determined by the value of the block reward (subsidy + fees). The cost of electricity does not affect the overall cost of mining. If electricity is cheap, then the overall mining capacity (and thus the difficulty) will increase until the overall cost of mining approaches the value of the block reward. If electricity is expensive, then the overall mining capacity (and thus the difficulty) will drop until the overall cost of mining approaches the value of the block reward.

The security of the network is determined by the overall cost of mining. It will not change due to changes in the price or availability of electricity because the overall cost of mining is not affected by the cost of the electricity, as I explained above.

Attacks on a nation's power supply will affect much more than just Bitcoin.
1271  Other / Off-topic / Re: Scientific proof that God exists? on: May 01, 2021, 10:04:07 PM
Science itself is proof of God.

Similarly, the fact that your name spelled backwards is firaogan proves that there is no god.
1272  Other / Beginners & Help / Re: Is there any site that show what % transaction is the current transactions fees? on: April 30, 2021, 10:52:27 PM
Here is a graph of the Bitcoin transaction fees relative to the amount being transacted (excluding change amounts) for the last year. Note that the rates are typically quite low -- generally between 0.05% and 0.15%.



I made the graph using transaction fee and estimated transaction volume data from blockchain.com.
1273  Bitcoin / Bitcoin Discussion / Re: Tech Giants Jack Dorsey and Elon Musk Say Bitcoin Incentivizes Renewable Energy on: April 30, 2021, 10:19:54 PM
If you don't want to sit through the video and listen to all of the commentary, you can read the article here: https://dailyhodl.com/2021/04/23/tech-giants-jack-dorsey-and-elon-musk-say-bitcoin-incentivizes-renewable-energy/
1274  Bitcoin / Development & Technical Discussion / Re: 10 minutes block interval and network modelling on: April 30, 2021, 07:44:53 PM
I seem to remember satoshi justifying the 10 minute interval as roughly the amount of time needed to ensure world-wide propagation of a block and reduce the occurrence of stale blocks.

Sorry, I don't have a source, maybe this: https://www.reddit.com/r/Bitcoin/comments/30lxo4/replace_by_fee_a_counter_argument_by_mike_hearn/cptwk21/

He just chose binary-based numbers and rounded them to some decimals.

That's just your speculation and I believe it is not correct.
1275  Other / Beginners & Help / Re: How to convert a Bitcoin code hash on: April 30, 2021, 07:33:52 PM
I have 1 BT generated in 2008 like a test as I was a developer at that time - it was generated on my local PC I've recovered right now, so I would like to know how I can convert it and add to a standard portfolio Smiley

There was no Bitcoin in 2008.
1276  Bitcoin / Electrum / Re: Electrum wallet fees on: April 28, 2021, 08:25:58 PM
Fees are high right now, but it is hard to say what is happening without more information.

My guess is that you have received your bitcoins in many small payments. For a very rough estimate of the fees, go to the Coins tab in Electrum (you may need to enable it) and count the number of rows. Each row costs about $10 to send right now.

You can potentially reduce your fees by temporarily freezing any row with a small value. You might want to prevent the wallet from using them because they can cost more to send than they are worth.

While you are at it, permanently freeze any row with a value of 0.00000547 BTC (547 satoshis). You never want to send those because they are tracking you (and because they cost more to send than they are worth).
1277  Alternate cryptocurrencies / Altcoin Discussion / Re: Serious Question: Bitcoin Monetary Policy vs Dogecoin Monetary Policy on: April 28, 2021, 05:24:40 PM
Eventually, 10000 coins per minute will be so small compared to the money supply, that it might as well be 0. So, it might take longer, but in the end it will be just as hard as Bitcoin
1278  Other / Off-topic / Re: Scientific proof that God exists? on: April 28, 2021, 05:18:37 PM
Even the demons know there is a God

What exactly is a demon? Is there a way to distinguish between a demon and a non-demon? Can you demonstrate that demons exist? Assuming that they exist, can they demonstrate how they know that there is a god?
1279  Bitcoin / Legal / Re: Earning bitcoin = wages/tips? on: April 28, 2021, 04:02:37 AM
Does earning bitcoin count as wages/tips?
Can one earn small amounts of bitcoin and still be qualified for unemployment? Does this depend on the country/state?
Some countries/states consider bitcoin an asset. Is earning an asset wages or tips?

In the U.S., unemployment insurance is a state program, and not a federal program, so the rules vary a lot by state.
1280  Other / Beginners & Help / Re: Bitcoin Full Node on Raspberry Pi 400 on: April 26, 2021, 07:28:30 PM
I recommend that anyone interested in this look up established RPi node projects such as RaspiBolt (https://stadicus.github.io/RaspiBolt/) and RaspiBlitz (https://github.com/rootzoll/raspiblitz).
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