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1901  Economy / Service Announcements / Re: IntroVPN.com - $2.50/month | No logs | OpenVPN | 1Gbps DDOS Protected | Autobuy on: December 12, 2016, 04:05:57 PM
No mention of a kill switch in your client to close the internet connection in case the VPN drops, and they all do. Without a bulletproof kill switch a VPN is not worth trusting as your true IP will be exposed without your knowledge.
1902  Bitcoin / Bitcoin Discussion / Re: Bitcoin Security - My look at the KeepKey on: December 12, 2016, 03:58:04 PM
KeepKey forked Trezor source code and built a business off of SatoshiLabs original hard work. I think you should support and buy Trezor instead.
1903  Bitcoin / Electrum / Re: Where does the Portable version of the wallet file located? on: December 12, 2016, 02:45:00 AM
Many users prefer the portable version of Electrum because you can keep the exe and all data in a single folder on your desktop or an encrypted flash drive. The portable version does not write to \AppData\ like the other versions.
1904  Economy / Service Announcements / Re: [ANN] POW88 new mining farm lead mining new way! on: December 11, 2016, 07:46:30 PM
The hash exchange for BTC-A7 is live on pow88.com but you have to log in to your account to see it. The other exchange online is for ZCash.
1905  Economy / Service Announcements / Re: POW88 NEW MINING FARM LEAD MINING NEW WAY! on: December 08, 2016, 07:31:32 PM
Too bad the minimum is one full miner or 6 TH. Both ViaBTC and HaoBTC sell minimum 1 TH/s. Based on the published figures at the website daily reward per A7 TH/s is a bit less than ViaBTC (which uses S9 only) and close to HaoBTC (mix of S9 and S7.)

I'm not sure but i think yu can buy minimum 1 gh/s on the market (like hashnest). Also, during the discussion with OP on skype they mentioned S9, not sure about ETA tho.

Looks like POW88 does not have an exchange market open for the bitcoin miners yet, onlly ZCash. Probably need to sell bitcoin TH first to get liquidity before the exchange goes live.
1906  Economy / Service Announcements / Re: POW88 NEW MINING FARM LEAD MINING NEW WAY! on: December 08, 2016, 06:19:17 PM
Too bad the minimum is one full miner or 6 TH. Both ViaBTC and HaoBTC sell minimum 1 TH/s. Based on the published figures at the website daily reward per A7 TH/s is a bit less than ViaBTC (which uses S9 only) and close to HaoBTC (mix of S9 and S7.)
1907  Economy / Speculation / Re: Bitcoin prices could leap to $2000 in 2017? on: December 08, 2016, 04:29:45 PM
Bitcoin prices have a habit of following Fibonacci retracements and projections. Based on BTC-e weekly swing high and low if the ATH is taken out $1340 and $1660 are important levels to watch (you can be sure traders will)



For China watch 9900 and 12000 at OKCoin:

1908  Economy / Service Announcements / Re: HaoBTC Standard Hashrate Exchange (Hash-Ex) is launched! on: December 07, 2016, 09:34:31 PM
If the income doesn't decrease each new day, we can hit ROI in about 1 year. But as it's impossible to happen, I think it's just another cloud mining offer, as usual.

What is the difference between your service and Genesis Mining service? What is the advantage you have, they don't have?

Besides, let's say the difficulty doesn't change in 1 year, i.e. the income doesn't decrease in the next year, you don't just hit ROI in about 1 year, you double your invest: you get your bitcoins back, while you still get the hashrate, and since the difficulty doesn't change, your hashrate still worth the same.

Of course, the difficulty is tend to increase, but it's still highly possible for you to make money in this investment.

I understand, but the difficulty will surely increase, in my opinion it's a risk investment, because I could never get my investment back (same amount of Bitcoins), depending how the mining goes...

The possibility to make money profit is if BTC price increases considerably, so my investment will worth, in this case I can make superior profit if I just hold the coins too. Anyway, I wish good luck to all investors and good job for the company!

Thank you for your support!
When the price decreases, mining might be a better choice than just hold the coins cause the difficulty might stop growing.
Anyway, their are some customers who want to join the mining business, we are trying to satisfy them and make the whole market more interesting.

I like the way ViaBTC handles fees more so than HaoBTC. They are using only S9s that draw 100 W per TH/s and 100 W/TH/s is what they charge customers.They say their electric cost is $0.05 per kWh. The only other fee is a 6% management charge off the top of the pool mining yield. If you do the math the daily returns closely match the published fees subtracted from the daily pool mining yield per TH/s. The only fudge factor I see is if they are charging more for electric than they pay. Possible, who knows? Anyway seems fair.

HaoBTC is using a mix of different miners and the best performance they offer is 150 W/TH/s. That seems to be where they set the power consumption to give hash owners a fair mining reward per day. Not quite as transparent as ViaBTC as it appears they have to build in their profit margin into the power cost charged customers. No one expects either company to offer a service without a fair reward.

Both companies are giving customers a very fair deal compared to others like Genesis Mining who have much higher daily fees. My own experience is that HaoBTC is paying out a few cents per TH/s less per day than ViaBTC so far. That might change next week with pool luck. However HaoBTC has a big advantage of the internal exchange so you can sell your hash if you want. I wish consumers would do their research and avoid the companies that are charging high daily fees.
1909  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 07, 2016, 03:45:06 PM
Has anyone figured out how to store xmr yet?  I don't trust phone wallets or third party services because xmr will probably be $100 this time next year....  Cool

There is no hardware wallet in sight. Really for privacy your best choice is to run a node and use the official client from the command line with a strong password. Not as secure as a hardware wallet but what can you do. I do not care for paper wallets, you may differ.

If XMR can make it up to $100 next year, then we expect a hardware wallet soon. I wonder if we can shoot some requests to hardware wallet manufacturing companies like TREZOR to make one for XMR or for a combination of other crypto currencies. It would be awesome then!

Monero making it to $100 is nice to dream about. Trezor has already looked into it and says they do not have time to incorporate Monero as they are a small team working on getting the Trezor 2 out. Ledger is larger and have stated they have interest but do not have Monero on their roadmap yet.
1910  Other / Beginners & Help / Re: Newbie Ledger Wallet Questions on: December 07, 2016, 06:18:23 AM
My question is that say Ledger Wallet ceases to exist, their chrome app is pulled and their server is shutdown where would that leave you with the btc's stored on the device?

Thanks
IIRC Ledger is a BIP39 compatible wallet, so the recovery words that you write down will be able to be imported into any BIP39 compatible wallet. Then you can spend the Bitcoin from that imported wallet.

If the device is lost or locked after three invalid pin attempts it wipes its contents and requires recovery.

However the recovery or import into another wallet is still be reliant upon the chrome app.

Is this correct?

Three attempts and it is gone and will appear like a new Ledger.   You can recovery it from seed words if you do it on accident.  I HIGHLY recommend getting ledger starter if you get one, it's a 100 percent offline OS to make it secure on seed words.

Here is a hands on I did with one: https://bitcointalk.org/index.php?topic=1305888.0

Ledger Nano S is so much better in all respects that I am surprised the Nano still sells. No need for the Starter and recovery is 100% secure.
1911  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 07, 2016, 01:24:17 AM
Has anyone figured out how to store xmr yet?  I don't trust phone wallets or third party services because xmr will probably be $100 this time next year....  Cool

There is no hardware wallet in sight. Really for privacy your best choice is to run a node and use the official client from the command line with a strong password. Not as secure as a hardware wallet but what can you do. I do not care for paper wallets, you may differ.
1912  Economy / Service Announcements / Re: HaoBTC Standard Hashrate Exchange (Hash-Ex) is launched! on: December 06, 2016, 10:30:28 PM
The point is not just difficulty increasing , its about how much hashrates devaluates and how much you make meanwhile. If you make more Money with hashes during that time than the hashrates devaluation that means you are still in profit but if the hashrates devaluates faster than what you make than you are losing in your investment. So it is not about hashrate difficulty or anything , its about the difference between them.

But hashrates devaluation is a consequence of mining difficulty increasing, no?

If the mining difficulty increases fast, the hashrates devalues in the same proportion, so we make less income and probably, we don't hit ROI.

Buying hosted mining really only makes sense if you expect bitcoin price to be $1000 within the next year. Otherwise you might with luck make back your investment in a year if price stays flat. The safer investment is just to buy and hold bitcoin. Which is still risky enough. At least Hash-Ex has an internal exchange where you can sell your hash if you like. They give newcomers a place where hashes can be bought and sold if you need to scratch that mining itch. Beats the crap out of outfits like Genesis Mining with exorbitant fees.
1913  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: December 06, 2016, 08:01:45 PM
Traders seem to respect the 200 SMA for Monero

1914  Economy / Web Wallets / Re: best online btc wallet on: December 06, 2016, 06:27:06 PM
To answer your question no online wallet is really secure so one is as bad as the other. Unless your bitcoin private keys are offline you will always be vulnerable to theft, if not from malware then from an exchange. You do not own the bitcoins unless you have possession of the private keys.

Desktop wallets even Core have the same vulnerability to malware. I think anyone with more than a few hundred dollars in bitcoin should be using a hardware wallet either Ledger Nano S or Trezor.
1915  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2016, 11:41:36 PM
http://foreignpolicy.com/2016/12/05/did-chinas-currency-just-drop-off-a-cliff/
1916  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 05, 2016, 06:46:23 PM
I want to ask information Monero ON WITH wallet Jaxx
Release Date wallet Jaxx how to review Monero ??

Jaxx is having a hard time integrating Monero harder than they thought no release date. You may have the official GUI first at this rate.
1917  Other / Beginners & Help / Re: what is the most recommanded wallet having fastest confirmation time? on: December 03, 2016, 08:46:23 PM
If you accidentally sent a transaction with too low a fee and it is unconfirmed you can use a free service to resubmit your transaction with priority in the next block. The original transaction must have been sent with at least a .0001 fee and not have any unconfirmed inputs - https://www.viabtc.com/tools/txaccelerator/
1918  Economy / Service Announcements / Re: Bitcoin Cloud Mining with HashFlare on: December 02, 2016, 05:59:03 PM
I can't find a cost per kWh on the website but daily fees per TH/s of SHA-256 are $0.40! This is even higher than Genesis Mining who charges $0.35. Both are crazy high. The legitimate Chinese pools like HaoBTC and ViaBTC sell hosted mining with daily fees per TH/s of $0.16 to $0.17. That is where you should be investing.
1919  Economy / Service Announcements / Re: my Annual Genesis Mining report on: December 02, 2016, 05:49:35 PM
Genesis Mining for SHA-256 charges $0.35 fees per TH per day. This means over half your mining income goes back to Genesis Mining for fees. If you want hosted bitcoin cloud mining with low fees of $0.16 to $0.17 choose ViaBTC or HaoBTC.
1920  Economy / Service Announcements / Re: [ANN] HaoBTC, mining dividend paid out hourly on: December 02, 2016, 05:45:50 PM
Kudos to HaoBTC for transparency on their HashEX hosted bitcoin mining. As an experiment I bought 1 TH/s hosted bitcoin mining both at HaoBTC and ViaBTC. ViaBTC charges 0.21 bitcoin per TH/s rather than 0.20 at HaoBTC but daily returns are very slightly higher at ViaBTC, on the order of .00005 per day, a few cents more in profit per day.
Have you calculated how much time/day it will take for you to get your initial investment back? I think it will be more than year if difficult doesn't get skyrocketed in next 12 month.


E.g., if Alice buys 1000T of 150W/T Hashrate on 23 Nov. 2016, then on 24 Nov. 2016 she would have 0.87665 BTC mined. After deduction of electricity cost, she will have 0.65722  BTC received.
If Bob buys 1000T of 150W/T Hashrate on 23 Nov. 2016, then on 24 Nov. 2016 he would have 0.87665 BTC mined. After deduction of electricity cost, he will have 0.43779 BTC received.

I think there is typo here, If bob buys 1000 t of 300W/T hashrate should be there in place of If Bob buys 1000T of 150W/T Hashrate

At least 300 days unless bitcoin price really takes off. Worth a flyer since only 0.20 bitcoin invested.
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