I just received my trezor hardware wallet and I am trying to set a passphrase from the advanced tab but I don't see anywhere where I can set my own passphrase. I just have the option to enable passphrase encryption and it automatically sets a blank passphrase.
What I am doing wrong, how do I set my own passphrase?
You do not set the passphrase(s) from the advanced tab, you just enable them. Log out from your Trezor. Next time you connect to trezor.io you will be shown a window where you enter your desired passphrase twice, that will then open a new wallet with zero balance. If you already have funds on your Trezor just enter empty passphrase twice. https://blog.trezor.io/seed-pin-passphrase-e15d14a0b546#.u6djt7xz8If you forget your passphrase you lose any bitcoin in the passphrase protected account.
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HashFlare SHA-256 daily fees are even higher than Genesis Mining: - HashFlare $0.40/TH
- Genesis Mining $0.35/TH
- BW.com $0.26/TH
- Hashnest S9 $0.21/TH
- POW88 A7 $0.18/TH
- HaoBTC 150W HashEx $0.17/TH
- ViaBTC $0.16/TH
The lower the daily fees the higher your payout and the faster you ROI. Is this fee really something which ll make you buy or not buy hash? Cause I see no scenario where you can reach ROI with sha 256 even with $0.15. Hi crazyivan, Just showing what is out there. For bitcoin mining the key to ROI in a reasonable period of time is low fees. Right now for cloud mining no one has lower fees than ViaBTC cloud mining. For someone who just has to have a couple of TH ViaBTC is the best deal. They are transparent and pay out daily. Maybe your investment will ROI in about a year depending on bitcoin price. Now if you want to get serious about cutting fees to the bone you have to buy a miner and have it hosted in a colocation center. The best deal I know of is SinoHash. They will host an S9 for $42 a month including power. That means about 10% more bitcoin profit per day than ViaBTC. The problems with SinoHash are 1) they are very popular and have run out of space so are not accepting new miners until they expand 2) you have to buy an S9 and power supply and get it to them and 3) they have no insurance so if there is an accident you could lose your entire investment 4) Antminer S9s are the most efficient miner you can buy now but their reliability is spotty. If your miner loses a board and has to be repaired you will lose income until repaired, same if there is an accident at SinoHash. For some people taking 10% less income per day and having ViaBTC take care of maintenance is the better choice. If you want to point your miner at a specific pool you have to go with SinoHash.
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They keep abuse low by requiring that the original transaction was sent with minimum .0001 fee and there is a rate limiter per hour also. Great public service.
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I would like to buy hosted mining but only if the provider I choose is using Bitcoin Core 13.1 and signaling for SegWit. Where does HaoBTC stand on SegWit and if you are using 13.1 how can I verify? Thank you.
What we offer is STANDARD HASHRATE, which means it's abstract and theoretical, and have nothing to do with block version or SegWit. Answered my own query by searching. I assume your hosted mining contracts hash at your own HaoBTC pool. bitcoinity.org shows HaoBTC pool is not signaling for SegWit yet.
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Low fees will make transactions take quite a while to confirm especially when the mempool is very full like it has been these last few days. For transactions will low fees, I recommend trying the Via Transaction Accelerator at https://www.viabtc.com/tools/txaccelerator/ . This makes Via put a priority on your transaction and they should include it when they mine their next block. I've used it a few times and it definitely speeds up the confirmation for these low fee transactions. Yes very good tool. I just ran OPs still unconfirmed transaction through it and it was accepted. You do have to have sent the transaction originally with at least a .0001 fee or the accelerator will not take it.
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Sorry for your friend's loss. Glad you mentioned hardware wallets in the show. The loss could have been totally prevented if Ledger Nano S was used to store the bitcoin. There is also new malware going around that will steal from bitcoin wallets on your computer. You also mentioned paper wallets as an option and while free, paper wallets should best be used by bitcoin veterans who understand how improper use could cause loss of bitcoin or private key leaks. A $65 Ledger Nano S can protect your bitcoin from all attack vectors and give you peace of mind.
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I'm a bit of a noob with BTC, but when sending BTC from my Electrum wallet it almost always take a few minutes tops to be confirmed. But today I sent .5 BTC several hours ago and absolutely nothing seems to be happening. This despite paying what appears to be the highest transfer fee I have ever paid. Can anyone make an educated guess why this is happening? My wallet shows -.500261 unconfirmed.
Transaction ID= 0a546f6a539ce0a0c08b5c039648d4149d45903f15856004b55e19f9b377187f
https://btc.com/stats/unconfirmed-tx shows your transaction should confirm in about 12 hours. Network is backed up. For quicker confirmation you should have used twice the fee you chose. Electrum has settings tools > preferences > use dynamic fees you should see a fee slider when you create a send move it all the way to high. Most of the time you will find a fee of .0005 to be the norm now. Hope this helps, you just used too low a fee happens to everyone just give it some time and try my suggested settings in Electrum.
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Why was the Chinese volume fake? Could you explain?
This article might help. Remember the fake volume was for bitcoin, not monero
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hello.. can anyone recommend for me cloud mining trusted for 2017 thank you all
Hashnest is no longer as profitable as it once was, even for S9 hosted mining, and yes I have tried out a few providers to find the most profitable. Stay away from Genesis Mining or Hashflare they have the highest fees in the industry. The only providers worth your time are based in China. The most profitable cloud mining I have found is ViaBTC with HaoBTC in second place. If you can afford to buy an S9 you might want to wait until Eric at SinoHash has finished expansion and can take on more clients. You can have the S9 shipped to SinoHash and they will set it up to mine on the pool of your choice with monthly fee of $42. They can only get the fee that low because of inexpensive power in China, it would cost more than twice that in the US.
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Breadwallet rocks. I use it as my main wallet on my Nexus. I also have Mycelium for times I want to spend from my Trezor, but you cannot do that with the Mycelium version for iPhone. Another good wallet Android only though so far worth checking out is Samourai Wallet.
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Jaxx has been promising Monero integration for months will believe it if I see it. Trezor is busy with Trezor 2. Best chance for a hardware wallet this year is Ledger, Monero is already on their roadmap.
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You can't use the iOS version of Mycelium with hardware wallets sorry to say. ATM the most secure bitcoin wallet for iPhone is Breadwallet. Later in the year I think Ledger Blue hardware wallet will be approved to use with an iPhone app over bluetooth (speculation.)
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Coinbase has a multisig Vault option which gives you more control over your funds for advanced users. I appreciate the fact that they offer the option but many may find using a hardware wallet is preferable. Trezors and Ledger Nano S are easy to use and you maintain complete control over your private keys.
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I quit using Adsense in favor of advertising Ledger Nano S. Ad blockers like uBlock block Google ads, but not self hosted banners. All ads from bitcoin advertising networks will also be blocked. More and more users surf with ad blockers turned on if they can't see your banner they can't click through. Even banners on phones can now be blocked. I got so tired of seeing more ads than content I ditched Chrome in favor of AdBlock browser for Android.
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I made that chart to show how the hosted mining services compare in fees. The S9 miner is most power efficient but Hashnest is making a profit on the fees they charge you, which is more than the power used by the miner. You will make more mining profit using an Avalon miner at POW88 than an S9 at Hashnest.
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If you think this first edition will become collectible condition is everything so don't forget $0.50 for the protective holders
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But I want to know that is there any company or business which have adopted it for their business? Or there any service started with that currency or it is just used for trade and storing our money? I actually want to know about the secrete of its demand.
Well, consider that one darknet market, AlphaBay, allows sellers to accept payment in Bitcoin or Monero. Wired recently ran an article on Monero and their sources said about 2% of transactions on AlphaBay were paid in Monero. Now that may not seem significant but consider if sellers stopped taking bitcoin and only sold for Monero? Price would go through the roof as buyers had to change Bitcoin for Monero. Companies who specialize in tracing bitcoin transactions may soon make mixers ineffective. If that happens Monero or another coin with high anonymity will take the place of Bitcoin on the darknet markets. And Monero has a head start. The price of Monero increased so much during 2016 that advisors are recommending it along with Bitcoin now.
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Talk to Gemini about buying OTC. No way you can stay anonymous though. Also consider before hand how you will securely store your bitcoin, check out the hardware wallets from Ledger and Trezor.
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For those wanting to load some notes I think you could use white polymer sticky backed paper designed for inkjet printers. Here is a link to a product on Amazon and there are others. I would print the private key on the sticky white paper, place on note, cover with some non sticky white typing paper then affix tamper proof seal as shown at https://i.imgur.com/VmsJX20.jpg and then place sticky public QR. I look forward to trying it out. If you know of a particular brand of polymer paper for inkjet printers that works well for you please post.
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