Most of the larger pools are not open source, some of the smaller ones are running open source but in the end, any of the pools can in theory cut and run with your BTC. It's not something you should wooory about so long as you stay with the known ones: https://explorer.btc.com/btc/insights-poolsAs for taking over your ASIC, that happens when YOU make a mistake and do not properly secure your miner. Or run sketchy aftermarket firmware. Stock, on a secure network with good passwords and you should be fine. -Dave
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OK, very cool, but definitely in the department of just because you can does not mean you should. If I had some free time I would linker with it. Could also see a modified version of something like this cable: https://uk.pi-supply.com/products/wd-pidrive-cable being useful to power the phone and drive. -Dave
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I wonder if it's got nothing to do with anything else other then they don't like crypto. Ignore the excuses they give, they are just that, excuses.
They don't like it, and have been looking around for a way to drop those projects without looking bad by saying, 'we don't like crypto, so we are not allowing you to host those projects'
And all of a sudden we have the people talking (incorrectly) about the power wast of crypto, and the people talking about the scams, and now they have a perfect excuse to those outside the crypto sphere to ban them from their platform. We know it's crap, but to the people that don't know it looks like they are doing a good thing. And they get what they want.
I still think any real project should always have a self hosted git with the 'name brand' git hosts as a redundancy.
-Dave
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I'm basically trying to figure out how to add redundant cooling and redundant (?smoke triggered?) power-shutdown to some small miners (200 Watt each).
The cooling of a miner like an S9 is already redundant because it uses two fans instead of one. I did some testing and in many cases the second Fan is not really possible but it is good for redundancy. Maybe you can set up your miners in an area where there is not so much flammable material, since only cutting the power may not be enough if the miner is already smoking/burning. In any case I never read about a burning miner before on this forum or anywhere else, so you should also not be to paranoid. too lazy to find em now but there are many, many threads with pics of burnt to a crisp mining farms and equipment here at bct. just start looking. big fires, little fires, and a ton of melted (but not actually on fire.. at that moment) plugs and power cables. But how many of those were due to heat vs bad electric setups. Too small a power cable, cheap PDUs or power strips, generic low cost power supplies that were a fire hazard running a PC at a few hundred watts never mind a 1200 watt miner. I'm sure there are some, but most I would think have nothing to do with miner heat. -Dave
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I reached out to BitcoinLixin here and twitter over a week ago. He has not been active on here for a while but is on twitter. https://bitcointalk.org/index.php?action=profile;u=3378495I was hoping for a response but as of now....nothing. Sealed Box: Opened with hot air gun showing no damage to the box / rip to open: Inside holograms: Removed with almost no damage, now that I know I could take it off without any damage. The stain was breakfast burrito grease on my fingers nothing else. The box was shrink-wrapped but as far as I can tell it's generic shrink wrap. Was waiting to test / setup the device till I heard back from them about this. I sent messages on Nov 18th and 19th, and have not heard. So for now I am just putting this out there. The device SEEMS secure, but if you can't be sure it's the device that is supposed to be in the box what's the point. -Dave
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IIRC that is a 32 vs 64 bit error. Are you running 64 bit Ubuntu? It's been a while but I was chasing something similar a while ago. Another possibility is a dependency like jackg said. Did you check chmod +x on the file?
-Dave
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The issue is, at least in IMO SSD vs HDD is **WAY** too generic. It's like saying car. Did you get the cheapest thing that anybody puts out, a Honda Accord or a Mercedes S580? I think you're missing the point Saying an SSD is faster than HDD is like saying a car is faster than a bicycle. There are exceptions, but in general, it's correct. Saying you need HDD and not SSD is not correct. I had no problems doing IBD on a server with HDD and enough RAM, but I once tested and noticed a significant different in startup time between having chainstate on HDD vs having it on SSD. Hence my recommendation to, if at all possible, at least put chainstate on SSD. The rest doesn't matter much (unless you frequently load very old wallets). Spend more time in the field working on cheap systems and you will change your mind. In the general position that a real name brand SSD will always be faster then a real name brand HDD you are 100% correct. But, and this is probably more for the build a node for under $50 thread, since there is where people are trying to do something on the cheap, you would be amazed the number of off brand SSDs out there that are selling for 1/2 or less of what a real name one is selling for. They have NO CACHE, an outdated controller chip and the storage is a couple of generations out of date (and may have been used and repurposed from other drives). But its cheap, so people but it, and then wonder why the SSD they got did not improve system performance. I have a pile of almost new 2TB HDD I just pulled out of storage for recycling, BUT they are all dated 2010. Back then they were the fastest drives you could get in that size. Today the low end consumer ones are faster. Do you want an SSD with a controller from 7 years ago? They are out there being sold now for cheap. Much like we have been saying about the investment scams (FTX and such) in terms of money, hardware is the same way. If it's too good to be true it probably is. If you don't deal with a lot of end users trying to save money you may not see this, but I do on a somewhat regular basis. Even in higher end environments that should know better. -Dave
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Heat from the miners is usually the least of fire problems. The main issue is power supplies pushed to their limit and overheating / shorting, the electrical connectors pushed passed their limits and the back end circuits not being properly setup.
Miners for the most part will shut down if they get to hot. But the wall outlet that everything is plugged into will keep pumping power though even though it's burning hot to the touch.
-Dave
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The link is not working now, but it's not a surprise that a random email with a google docs link would be spreading something bad. Malware / deposit to withdraw scam / ponzi / whatever nothing good can happen when you click that link.
But, shasan, if you are going to post and discuss every scam & malware email you are going to be doing this as a full time job.
-Dave
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No, at the end of the day it's on their hardware. And they can grab anything coming in and out of it. Since at some point in time you would have to input the decryption key for the machine to boot and you would have to do that at the console or at least virtual console level, they could grab it from there.
What you MIGHT and that is a big might be able to do is within your VM setup an encrypted disk. And through some creative encrypted tunneling set the decryption key.
But, as Loyce pointed out they could probably force in something either by reading the RAM.
I guess the other option is to host in a data center / provider that allows you to bring in your own hardware.
-Dave
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a hard disk (should be HDD, not SSD) For the record: there's no reason not to use SSD (unless your budget doesn't allow it). Since I'm still low on SSD-storage, I have chainstate on SSD and the rest of the data on HDD. That's the best compromise for performance. The issue is, at least in IMO SSD vs HDD is **WAY** too generic. It's like saying car. Did you get the cheapest thing that anybody puts out, a Honda Accord or a Mercedes S580? There are SSDs out there that are utter crap and quality performance HDD that cost more then SSD and are faster. I have been saying in other posts about blockchain storage that I am sitting on a pile of fairly low hour, name brand HDD that I give away to people who need them since they are just not worth selling. I since they pass crystal disk info with no problems I would have no issues having someone store stuff on the, OTOH on some sites like Amazon and NewEgg you see SSD from brands that I have never heard of that are 1/3 the price of a name brand drive. Raise your hand if you want to help people diagnose issues with their node if they are running one of those. Makes you wonder how much time this forum has spent helping people with an SSD that was made so poorly with such low grade chips that it's amazing it works never-mind if it can keep up with IBD -Dave
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Looks interesting. Fidelity has log been one of the more conservative brokers out there in terms of what they offer. Looks like they are slowly starting to try to offer crypto services instead of just opening up the floodgates. Not sure if it's a better or worse way to do it.
Since a lot of the people using Fidelity are people who may or may not be familiar with crypto I can see them having different tiers of what is available, much like they do with some of their regular offerings. i.e. certain types of accounts can't margin trade while others can go to 90%
As with everything with big business, it's probably going to be a long slow process for it to be fully implemented.
-Dave
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The other option is to not use any wallet at all and just create the transaction offline, copy it to an online PC and broadcast it. There are enough services and places that you could do it fairly easily and remain anonymous. I don't know where you are but in most locations there is enough free Wi-Fi around that you can just connect, go to a site like https://live.blockcypher.com/btc/pushtx/ paste in your transaction and leave in under a minute. There are even some tor sites that have that ability. -Dave
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About a year ago, at $70k we had 22.6 trillion difficulty. Currently, at $16k, we have 36 trillion difficulty. Apparently, hash rate isn't mainly affected by the price. I think it's safe to assume the hash rate would have been much higher now if Bitcoin would have been at $100k now. The fact that it still went up is probably because new mining hardware got more powerful, but for sure miners have much less money to spend now. Makes you wonder how much gear is just sitting idle waiting for the price of BTC to go up or for enough for it to be worth it. And that if BTC does jump to $22000 or $25000 or something else how fast will we se a hashrate spike. No waiting on gear, no setup time, no configuration. Just however long it takes to drive to the datacenter and start powering up the miners and chillers. I know there are a lot of places sitting idle since it just does not pay to mine at the current prices, add $6000 to $9000, which is a lot of swing up from where it is but still possible in a short span of time. And all of a sudden there is going to be a bunch of us looking at the hashrate going where the hell did those miners come from? -Dave
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Which was why I said that all the NEW ones were committed to buying / using 100% renewable.
Define new, Digihost bought that gas plant at the end of the last year and it has barely come online for a few months after acquiring permits, TW Lake Mariner facility is not even completed and runs at 10% capacity. There have been no new applications that I have seen for months, probably due to the BTC price drop, but the last few that were proposed were either supposed to be 100% renewable or buying renewable.
A slight difference between applications and things that are currently running, and obviously, the ones running are the problem that caused this, not future plans. Common, let's not start this all bitcoin mining energy used is green and has zero impact drama, you know just as well as me that it's nowhere near the real truth. Miners weren't flocking to Montana to admire the view and they are not mining with hydropower because it's good for the planet, they mine like that because it's good for their pockets and they will do so with whatever it's cheaper. Let's ask every miner here if he's willing to pay 3 extra cents for green energy or just 3 cents for coal, we all know the outcome. I am not debating ANY of that. Just pointing out that it was at best political theater. The BTC price is down, no new permits have been applied for. Unless we enter a bull market in the next 2 years there will be no new permits, mostly because there is no reason for them. There is enough space and the old permitted places are still coming online and some are actively trying to sell off excess space. Pass some legislation to make yourself look good. A small facility here on LI is shutting down due to lack of funds, even at $0.04 KWh rate, a massive tax relief package and other things their 250+ S19 and S19Pro were / are all loosing money every day. After the cost of cooling, staff and everything else they need $21,500 to $22,000 BTC to sustain operations. When they started it was easy, all the loans are paid, the miners are paid off and so on. But now, each and every day they are loosing money. Unless something happens they are out end of 1st quarter 2023. As of now unless BTC hits $35,000 they are going to make more money selling the miners overseas then doing anything else. HOWEVER, since they are existing you can take over without going through any of the permitting and such been trying to sell for 90 days or so they started the process after labor day weekend. Zero, none, nada people are interested. Using cars again, since I did in my earlier post it's about as pointless as saying that since there is no tire technology that can handle it we are banning all cars capable of speeds in excess of 300MPH / 480 KPH on public roads. Wait, outside of the Koenigsegg Jesko Absolut there is no car that can do that kind of speed, and it's not legal in the US anyway. But you can still make yourself look good by banning those obviously dangerous 300MPH cars with tires that can't handle it..... -Dave
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How many serious CEXs are there that still have Faketoshi altcoin listed? As noted in BitMEX's tweet I linked to above, the biggest ones are Robinhood, Bittrex, Bitfinex, and KuCoin, although you can still see a full list on Greg's opening post on this thread or here: https://coinmarketcap.com/currencies/bitcoin-sv/markets/We know that for some of the famous CEX CEO logic is not the strongest virtue, but why do they still support such a project? The same reason they list and support any such shitcoin - as long as there are people willing to trade it, then centralized exchanges are willing to host that activity in order to cash in on the trading fees. Looking at https://coinmarketcap.com/currencies/bitcoin-sv/markets/ and sorting by volume % and then by name to check how many trading pairs they have it looks like 4 exchanges, MEXC, Upbit, Changelly PRO and IndoEx hold 50%+ of the volume. Some others, like CoinEx do not even hit 1/10 of 1% of the market. Still wonder how and why these smaller ones bother unless they are as discussed earlier just using API calls to someplace and do not even bother having their own synced wallet or anything else. -Dave
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The default answer is going to be no it cannot be traced. The real answer that people do not want to hear is 'it depends'. Just some random person on the internet probably could not find you. But a government trying to figure it out well within possibility. Remember, they have shown that they can with a little effort track down any person hosting an .onion site. You having a node online all the time that occasionally broadcasts transactions. Yes, they can find you.
The amnesic Tor sessions would be better, so long as you do keep a note of what electrum nodes you connect to and verify that you don't keep using the same ones by some random chance.
-Dave
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Except for the ones that were obvious scams all the new mining setups coming into NY were 100% renewable.
Cough, cough...Greenidge DigiHost gas powerplant in Buffalo? TW's Lake Mariner hydro powerplant facility that somehow is just 91% renewable... Which was why I said that all the NEW ones were committed to buying / using 100% renewable. There have been no new applications that I have seen for months, probably due to the BTC price drop, but the last few that were proposed were either supposed to be 100% renewable or buying renewable. Or to put it another way, it's good PR for the government 'we are making NY green' while actually not doing much of anything. Kind of like after all the insurance companies were forcing all the safety improvements on cars, and the the government stepped in and made anti-lock brakes mandatory. After most car insurance companies were jacking up the rates of cars that did not have them into the stratosphere. -Dave
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I still think miner builder companies should improve hardware to consume less power. Something they are not doing yet, in my opinion.
It's been discussed before in other places on the forum but miners are building more efficient BUT more powerful miners. Every new generation of miners use less power to generate more hashes. BUT, they then cram in more chips to make each miner more powerful. Made up numbers but: If in the last generation you needed 100 chips at 10 watts each to generate X amount of hashes but in the newer generation you need 80 chips at 8 watts each to generate the same X amount of hashes you could in theory make a miner just as fast as the old one but that uses a lot less power because you would be using less chips that are more efficient. But what they do is make a miner that is much faster then the old generation by putting more of the more efficient using even more power but then now generate X+50% hashes. Great for big miners in big data centers where power and noise does not matter. And well, the small home / hobby miners are out of luck. To put it bluntly, for now, WE ARE NOT THEIR TARGET CUSTOMERS. There are obvious exceptions, there are people here who are running larger farms and such, but are the exception. Gone are the days of the R4 and things like it, for now anyway. -Dave
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None. Zero. Zip. Nada. Except for the ones that were obvious scams all the new mining setups coming into NY were 100% renewable. Also, in NY since power is more or less fungible, all you have to do is BUY from a green supplier not have green power coming in. It's also a ploy to get some money to redevelop a lot of old power plants that the miners wanted to take over and run. Putting aside everything else. You have a bunch of locations that could host mining now as-is BUT they are at the edge of being useful. A few more years and they will not be. But, if you leave them empty you can then gut and rebuild into something newer and better. It's get a little revenue today vs more revenue tomorrow. The other side of that is the 'bird in hand' argument. Will you find someone to redevelop? How long will that take? And so on. But since there were no pending permits anyway, BTC is hovering at $16k, and so on it's not a big deal. Also, and this is a personal big one, it's tough to fight the states like Texas where miners get paid more then they would make mining to shut down during hot days to conserve power. https://fortune.com/2022/07/12/texas-bitcoin-miners-paid-shut-down-power-grid-electricity-blackout-heat/ You can't fight it when the state government takes money out of its citizens pockets to give it to businesses. *This is not just a Texas thing, other states do it for other industries, but for here and now we are talking about mining. -Dave
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