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No if you wanted to shake coins out to drop well under 6000 you would do 1 or 2 blocks a days.
The most likely case is this a some one with plenty of blocks under the block number of 10,000
They needed some money and cashed one out.
idiots selling based on 1 block under the 4000 mark are just that idiots selling.
Now show me a block a day in the low range dropping out and I would say someone is making a price shift move.
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Do you have free power?
Do you have 1 cent power?
Do you have 2 cent power?
Do you have 3 cent power?
Or is you power cost so high that no matter what you do you mine at a loss?
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Finally the bitcoin halving have already take place last week, the supply will cut in half...... we all know this piece of information
BUT
We already mined bitcoin in 85%(++) of its total supply, it makes me think that we are near to price stabilization when people will start to own it. The market cap of cryptocurrencies are less than 1% of the total fiat that we have, hence it can cover all of this however the essence of bitcoin as a investment form will fail if it happens to be less volatile than it is now and will bring the significance of bitcoin as a currency of the future.....
BUT
The logic behind the bitcoin as the future currency is rigged and makes no sense at all, this is also why gold, diamond, silver, etc. is incomparable to bitcoin because they all have a practical use that is hard to be replaced while on the other part, with bitcoin, its practical use is easy to replaced, in fact we already have better coins than it but we chose to live with its brand name.
Hope this thread will help to avoid new threads regarding 'bitcoin and gold'
Interesting viewpoint. Has some validity. What makes BTC valuable? one would argue the machines that mine it, but as you say Other coins can be substituted. BTC BCH BSV PeerCoin all use the sha-256 Algorithm . This is the Algorithm with the most gear backing it. But all of us could simply switch off BTC and mine BCH On May 31st. I think the idea of forking Algorithm's and allowing multiple coins to share a single Algorithm will prove to hurt all of crypto down the Road. |
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Phillip, are the Mac minis still available?
I sold 1 I think I have at least one left. I will get back to you in the morning. |
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This is not him because at that time there were already some people who mined bitcoin but not as much as it is like we have today. those BTC might be from the one who has mined it in the earlier that year. Satoshi won't give us some clue like that, that was too easy you know but that transaction is worth knowing whoever owns it just to remove doubt to the crypto community. I'm sure right not there lots or rumors about this blast from the past transactions and some people might silently tracking behind who owns that BTC.
When we are in Satoshi's shoes, I can't think of ways we can withdraw our bitcoins or somehow move it without being tracked, there's a possibility that it could be satoshi, or just an early miner. But if we are on the 10 year time frame holding that much bitcoins, it takes too much courage and discipline to continue holding it up to 10 years, so I guess, the person behind this activity does really have a good understanding and speculation of the market to hodl that long. It is block 3654. Made in Feb 2009. Block 3621 was cashed out in 2015. I think more then 300 or more blocks have been cashed from 1-4000 If some one was mining back in 2009 the first month no less , then having 100 blocks right now is not unlikely. So a cash-out once or twice a year would not be unusual. |
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Hello, I'm new to the forum, second post. I'm looking at developing some really low cost power running natural gas gen sets. Biggest obstacle is high speed internet service. Regular cable internet is not available. Is anyone using any kind of satellite or cell phone services to run a mining center? I will also looking at point to point radio. Looking for ideas. Was told by large mining company they tried sats, down time killed profits. Most of the oil and gas facilities where the cheap gas is, are very remote, little or no cell service. Help!
How much down time for satellites 🛰. How many miners? 1000 s19s or something bigger? |
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Okay 1 day into this jump. Latest Block: 631122 (13 minutes ago)
Current Pace: 79.8611% (115 / 144.00 expected, 29 behind)
Current Difficulty: 15138043247082.88XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty: between 12382640056415 and 14773682956890
Next Difficulty Change: between -18.2018% and -2.4069%
Previous Retarget: Yesterday at 9:32 PM
Next Retarget (earliest): June 3, 2020 at 6:56 AM (in 13d 9h 23m 27s)
Next Retarget (latest): June 6, 2020 at 10:16 AM (in 16d 12h 43m 49s)
Projected Epoch Length: between 14d 9h 23m 27s and 17d 12h 43m 49s
we are down 29 blocks. which means 290 after 10 days and 406 after 14 days so in theory on June 2 9:32 pm. 0%. Just finished 2016, but we will be at 1610 on June 2. Time will tell. |
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If you know the sensor is burned out and the board works on a down clock you can run the board safely.
But if it is running and the sensor dies while you are on full speed. yeah a meltdown.
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Not satoshi but I don't understand the market response to this, even if was Satoshi the address moved "only" 50 Bitcoin, which is not an amount to break the market or something like that, If Satoshi moves his coin I don't think he would don't dump it just like that he is smart.
there is no market response to this. it is more likely the small price drop is due to the difficulty dropping from 16.1 to 15.1. and looking like the difficulty is headed for a huge drop to 13.0. or less While difficulty may chase price most of the time. I have found occasionally price will drop and follow a difficulty drop right after 1/2 ing's occur. If lots of blocks from 1 to 5000 are cashed out in the following months I would say there is a concern. if not it is just a blip in the matrix. |
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watch the color order of the wires. black red yellow blue or black red blue yellow.
your replacement must match wire color order. , but they are switchable without cutting if they do not match.
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If they simply got lucky and hit a key via brute force with a large pc setup. It won't be happening anytime soon again.
Wat? If somebody brute forced this, then that means they can brute force an earlier block too. How can you guarantee it won't happen anytime soon again? This block (3654) is only 1 month old. I'd say this is either satoshi, or Craig is about to make a comeback. I generate 100 keys a month and test them for shits and giggles . The math says they won't ever find a block in over a billion x billion x billion years and then some. I know others fuck around with this and do a lot more then 100 keys a month. I would estimate that the odds that is was brute forced by standard methods are next to impossible. Now if some guy got clever and figured a better way to brute force an address he may not control the address he opens. and he opened an old one. It is far more likely this is someone that had direct contact to the first five miners of btc and they wanted some money. |
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scam they registered the site in 2020 according to whois.
yet they claim to be around since 2017.
they claim to have a 2000th machine that is 19 s19pros from bitmain
they claim it does 2000 watts.
they want 5400.
the s19 pro sells for 2300-2500 so if this can mine like 19 using way less power it is worth about 40000 or more.
No one sells a 40,000-50,000 item for 5400.
a certain scam.
Please disable the link so a moron does not buy it.
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Well while interesting it is not a big deal. Blocks in the 3621 to 3700 range like this one were moved in 2015.
By 2015 Satoshi was vanished so did he move block 3621 In 2015?
Maybe he did move it.
Maybe someone with a lot of hash power hit the key. I know hitting a key is hard. In theory 10,000 threadripper 3970x would need thousands of years to hit it.
Or has someone come up with a faster way to crack a key?
If they simply got lucky and hit a key via brute force with a large pc setup. It won't be happening anytime soon again.
If they have a better way to crack keys and can crack wallets quickly we will soon find out.
Most likely this is Satoshi or a relative of the early miners.
Seems to me If I could make blocks with ease Like was done back in 2009 I would have hid away a few dozen blocks on unknown pc's. Just so I could do this type of action today.
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Looked at multiple blocks from 3621 to 3700 we had action in 2015 which is supposed to be after satoshi vanished so this is not a big deal. Keeping looking for more block movement from blocks 1 to 5000 |
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The second is that Vod and TECSHARE will somehow still be feuding from beyond the grave--or if science has progressed to the point where your consciousness can be uploaded to the internet by 2140. Cryptohunter will probably have quadruple digit numbers of alt accounts by then, and he'll still be bitching about the unfairness of the DT system (or whatever else he can troll about in 120 years).
The current science is too far from storing human consciousness  So I think Vod and TECSHARE really don't have enough time to get it Speak a little to the idealism, they will still have a feud when they enter the afterlife (hell or heaven). CryptoHunter has a lot of alt accounts, but he's no longer there, someone will inherit it and continue here. Practically, all of our current users died before 2140. If anyone often watch science fiction movies, I only wish that humanity could achieve those technologies by 2140. However, first of all, my greatest desire is that the earth be completely clean. At that time, no environmental pollution. Humanity find new sources of energy better. As for the fate of this forum in 2040 maybe Theymos has a plan for it.
@ Theymos have you set up a successor for yourself?
If BTC exists, this forum exists By the way, how old are theymos? I'm quite curious about him I read a post from theymos saying he was 20 something in 2010 so he is 30 something in 2020. Normal luck means he has more then 40 years of life to go. |
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very early but a huge diff drop Latest Block: 631055 (7 minutes ago)
Current Pace: 73.7779% (48 / 65.06 expected, 17.06 behind)
Current Difficulty: 15138043247082.88XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty: between 11786283004138 and 14938161679131
Next Difficulty Change: between -22.1413% and -1.3204%
Previous Retarget: Yesterday at 9:32 PM
Next Retarget (earliest): June 3, 2020 at 3:09 AM (in 13d 18h 46m 32s)
Next Retarget (latest): June 7, 2020 at 8:58 PM (in 18d 12h 34m 39s)
Projected Epoch Length: between 14d 5h 37m 8s and 18d 23h 25m 15s
It could take 19 days to do a jump. price has yet to crack 10,000 it is at 9736. |
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Don’t know yet. That won't be decided till covid-19 is over and done with.
The owner of the warehouse complex had to rollback some rentals. There are six buildings and multiple tenants. Some are affected so we need to wait a bit.
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Life returns to normal eventually. And quicker than expected. This is not the first epidemic nor it will be last. We have seen 4-5 major epidemics in last 20 years. This time we have a more penetrated social media, hence more hype. Even in deadlier epidemic of 1919-20 was forgotten quickly.
Yeah, I feel it'll take an extended time for this epidemic to finish but people will return to their normal lives it'll not last forever There are many epidemics before but people don't remember the purpose when everything is in check. therein case, there's nothing to be disappointed with it'll end but it'll take a while Every 100 years there's a plague that spreads round the world. This is an epidemic of ignorance. Since people like to remain in ignorance, the epidemic will last a long time... maybe as long as the earth lasts.  Nah this one will last. with the second wave and a third wave until spring of 2021. UK plans on rolling lock down plans. 50 days shut 40 days open 50 days shut 40 days open. This is what most countries will do. It spreads out the death so we can bury them. It allows for masks gloves bleach And if lucky someone will find a good cocktail of drugs that lowers death a lot. So May of 2021 and it is over and out. |
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