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2021  Bitcoin / Bitcoin Discussion / Re: Is it possible to generate existing BTC private & public key pair? on: November 28, 2015, 02:21:54 PM
the number of possibilities is TOO damn high !
2022  Bitcoin / Bitcoin Discussion / Re: Is it a waste of time mentioning Bitcoin to friends and family? on: November 27, 2015, 02:15:15 PM
I don't really bother anymore. The few people I mentioned it too looked at me like I had invested in a floppy disk manufacturer.

hahahahahah man I gave some dogecoin wallets to my brothers, they were never used....On the other hand, one of my friends work at Cisco, and he didnt really care for btc, didnt understand really, but now hes really interested in the blockchain and all that, so thats good.  it takes time.
2023  Other / Off-topic / Re: DO YOU HAVE 1 BITCOIN? on: November 27, 2015, 02:13:35 PM
I've been here for a little while, and only started the signature campaing recently...kinda sucks I didnt do it before !  Last week I got about 0.02 btc.  just by normal posting, i'm not really trying to get the max.  I mean, those btc accumulate !  To get your first btc, I cannot recommend enough the campaign.  Faucets dont give you enough, but hey thats where i started (and gpu mining on two 5870 i had).  Then you trade altcoins with that, just buy and sell quickly to make the spread for example - like buy at 10 satoshi and sell at 12 satoshi, that is a good return if you can.  if it goes down just sell right away, or your btc will evaporate Smiley

If btc price goes up it helps too.
2024  Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin? on: November 27, 2015, 02:09:15 PM
I have paypal, its linked to a savings account who's only purpose is to be linked to paypal.  that savings account is linked to a "real" account.  Its also linked to a credit card.


I do a little business with paypal, Its great honestly even if fees are a little high.  I'd do more business with bitcoin, but at the end of the day, if your supplier doesnt take bitcoin you need to sell the bitcoin and cash it in.  and you calculate the fees and all that, market spread, etc and the fees come out pretty similar to paypal, not to mention it takes a bit longer.

So yeah if paypal integrated the blockchain, that would be great.
2025  Other / Off-topic / Re: How would you guys react if you guys lost 10, 000 bitcoin? on: November 27, 2015, 02:06:35 PM


hahahhahahaha poor guy.  how many suicides linked to bitcoin loss I wonder?  That stuff can really mess with your head.  ด็้็้็้็้็้༼◉Д◉༽ด็้็้็้็้็้
2026  Bitcoin / Mining speculation / Re: What is a good setup with an investment of $5000 - cheap electricity- on: November 26, 2015, 10:47:38 PM
Thanks for your answer. But, Why can be lie?

You were given good advice.  What model miner and brand is it?  There have some "scam" miner companies that have high T miners.... they just never make them.  I just don't know of a machine that is 50T for 7k.... sounds to good to be true.  Also if your saying 50T for 2.2k watts that is not currently possible with any miner.

The reason on why can it be a lie is sadly some are willing to do anything for your money.  So I suggest telling us more about the miner.

Also with electricity price and I'm guessing vat I'm not sure you are in a location good for mining to be quite honest.  A hosting center might be much cheaper.

50T for 7k hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm


yup its a scam.  Unless its a pre-order, at which point you get the machine in 8 months, and then bitcoin has halved and the diff is way up and you got scammed too
2027  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: November 26, 2015, 12:50:53 AM
I don't care, just don't want to buy the 700M machine, so I am waiting for Batch 8...

well if everybody waits there wont be a batch 9 lol.  I got a batch 8, i'll be honest.  i'd have gotten a batch 7, but i was a few coins short.  any case, I dont get the hate over the batch 8...there is a lot more to it than just a higher clock rate
edit: I would prefer a 7, but after my purchase i had 0.025btc left Tongue  im not rich like you guys
2028  Economy / Exchanges / Re: OKCoin locks U.S. customers futures trading accounts on: November 25, 2015, 03:11:06 PM
Exchanges should be regulated as normal exchanges.  especially futures.  there is a reason for it...whether you trade bitcoin, sheep or buckets of shit it doesnt matter.
2029  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS BETTER THAN WESTERN UNION ? on: November 24, 2015, 11:43:55 PM
local bitcoin has some absurd prices.  one should use another source to convert to local currency.  The real solution is in Western Union to actually use bitcoin.  They trade currencies in almost every country, handle almost every currency.  Bitcoin could provide WU huge cost reduction in internal transaction fees.
2030  Bitcoin / Bitcoin Discussion / Re: Why Gavin is so desperate about his fork? Is he hiding something? on: November 24, 2015, 11:41:31 PM
I feel a disturbance in the force.  The dark side lies waiting, inciting fear and confusion upon the masses.  Deception is their weapon.  Clouded, the truth is.
2031  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: November 24, 2015, 04:23:27 PM
Batch 8 ist mir nicht sympathisch... also halt bis nächstes Jahr warten, was scheisse ist..

why not, looks okay to me. 

sorry, don't know why I wrote German^^

Because it's less hashpower and more power consumption previous batches. I would like something like batch 5, kinda like that one.

hahahha i had to google translate that.  i understand people say its an overpriced already overclocked model, but people with batch 1-5, how high can you overclock it without too much hw ?    im only going to try that after 90 days though for warranty purposes
2032  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: November 24, 2015, 02:47:47 PM
Batch 8 ist mir nicht sympathisch... also halt bis nächstes Jahr warten, was scheisse ist..

why not, looks okay to me. 
2033  Bitcoin / Mining speculation / Re: My first miner! Where should I point it? on: November 24, 2015, 03:59:15 AM
Try solominging, that is a lottery but it has atleast some chance to get something big back. You earn less than in most of faucets.

i have a stick i point at solo ckpool when im on the computer.  best share so far :  about 50k

hahahahahahhahahahahhahahaha
whats the diff now, 72 billion oh i cry
2034  Alternate cryptocurrencies / Altcoin Discussion / Re: So I just read on BBC NEWS... on: November 23, 2015, 06:20:20 PM
This is epic! an alt coin on BBC with corporate funding!! This could do a lot to attract more people to alt coins.

exactly what i"m thinking !  and what will these people cash out their coins to ?  bitcoin probably !
2035  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: November 23, 2015, 02:47:21 PM
"For sure my wife would not let me keep the S7 with that annoying loud howling sound so I had to come up with a solution."

Unless you go watercooled the S7 is not a good idea for home miners, imo. Seriously, what are you guys thinking with your homemade tubes and extensions, they are a serious fire hazard. Let alone the noise pollution.

The extreme heat these monsters are releasing have marked a red line for me. The chance something is burning or melting, as demonstrated with pictures in other threads, is warning sign enough that home mining has reached a limit. And 1200 watt PSUs, do they even last for more than a year 24/7? They are also damn expensive.

Designwise, I don't like the entire single heatsinks on the back of the S7- many have reported them to be falling off. Back in the days of gpu mining you were better off with an AMD 5870 than 5970 too. It was just too much of a hassle to get them cooled and running smoothly. The 5970s often died prematurely, no wonder.

Until something has improved, the S5s are probably as high as I will go until the (final) end of home mining in August 2016.

I'm probably in the same boat. I find it hard to realize people are running these in a home. The noise alone would prohibit to run S7's in an apartment/condo at least in my state (NJ). I'd have my neighbors banging on the door at 10pm. Even after replacing my jet blasters (original S5 fans) with quieter fans I still hear that hummmmmmm throughout my house, regardless of which room I'm in. I do live in ranch style house, which is not a good scenario since internal walls do not have insulation. I did insulate with noise dampening insulation on the cheap. All my S5's are in one room with a single window air conditioner. Even when it is almost 50 degrees out (at night) and 60 degrees (in day) the S5 temps will increase to over 60-62, which I don't like to do. I do admit, if the jet blasters were installed I wouldn't need worry at all. I have to give congrats to the new guys who are running these S7's in their homes. I would imagine some really creative options with trying to suppress the noise. Eventually when temps go down to 40F and below consistently I won't need to bother with the temps at all until the spring, by which time home mining for me will be over. Kind of perfect timing really. I did always want to get some 4-5 inch air duct hose and expel all the heat right out the window, but could never figure out how to build it. Don't want to invest another $1 into that setup, so all choices of changing stuff around is not in the cards.

Good luck.






At almost 1300 watts I think I'm done chasing the mining train. I may have mentioned it before, but most home outlets let you pull about 1200-1300 watts for the entire room (circuit). That means you're asking your ancient home wiring to pull 100% for 24/7 mining. Fires are a real possibility once you get in this range. Imagine all the 17 yr old kids that have a few BTC, order a S7, and plug it into their mom's basement unknowingly overloading the circuit like a Christmas tree with too many lights. Spark, spark, and two huge fans to kick the flame up. Now you're looking at a home burning down and possible lawsuits, though with BM being in China a successful suit is unlikely.

I'd never run something like these S7's in my home UNLESS proper wiring gauge and sufficient volts/amps. If you have a family and children at home I would be thinking about their safety before heating up electric lines in the walls and heating up that junction box. 1000+ watt heaters running 24/7 should take special consideration. Just be safe and good luck!!

 


I just put in a 20amp breaker in the breaker box, ran a 12-2 wire (all 120v) about 2 feet and I have a nice 20amp plug in the garage.  1600w power supply, (evga), warranty 10 years.  I wouldnt trust the bitmain psu, but hey the main reason i dont buy those server psu is the noise level.  I dont see what can go wrong with the setup.  even if the miner "burns", its on concrete floor, about 3-4 feet away from walls, ceiling is 8ft.  Home mining will never be over as long as we get -30 celcius in winter.  if you live where you need to cool your miners...well thats a different story.  For example in summer it does get very hot, so when it does I just shut it off.  Free heat.  Some btc.  Re-sell miner when the new ones come out, buy a new one.  ain't going to be rich but at least I wont be cold.
2036  Alternate cryptocurrencies / Altcoin Discussion / Re: So I just read on BBC NEWS... on: November 23, 2015, 02:40:14 PM
Quote
Bitwalking hasn't officially released the algorithm used to verify steps but says it uses the handsets' GPS position and wi-fi connections to calculate the distance travelled.

So you're letting some company track you all the time for pennies. I guess we're in a race to the bottom of the worth of privacy, with the dumbest of us out in front.


yeah thats a good point
2037  Other / Off-topic / Re: Do you like Hamburger? on: November 23, 2015, 02:38:40 PM
cheese, bacon, relish, ketchup, mustard, pickle, tomato, lettuce, mayo.  is it okay to eat a hamburger for breakfast ?  just kidding Smiley
2038  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: November 22, 2015, 05:07:00 PM

ANTMINER S7 BATCH 7 - Sold Out - are FOR SALE!!!!  

gone again

Seems like a few Batch 3 are available for 5.08 BTC. Someone must not have paid for their order.

https://www.bitmaintech.com/productDetail.htm?pid=000201509290954354994vrQh8di06E6

thats weird.  but just looking at the price, wouldnt a batch 8 be better ?

Maybe Batch 3 is on hand and ready to ship because they were available for the orders that weren't shipped? Batch 7 and 8 won't arrive for about 1 month or more. So a Batch 3 arriving by the end of next week should be a better.

ah yisssss that makes sense, thanks
2039  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: November 22, 2015, 02:59:36 AM

ANTMINER S7 BATCH 7 - Sold Out - are FOR SALE!!!!  

gone again

Seems like a few Batch 3 are available for 5.08 BTC. Someone must not have paid for their order.

https://www.bitmaintech.com/productDetail.htm?pid=000201509290954354994vrQh8di06E6

thats weird.  but just looking at the price, wouldnt a batch 8 be better ?
2040  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Moolah Scam on Mintpal - Reporting Missing Coins on: November 22, 2015, 02:56:50 AM
I have lost all hope of recovering my coins, although it was a relatively small amount.  I've learned since coinex not to keep coins in the exchange, but if you are trading shit happens i guess.


Also, when mintpal had the weird change I withdrew immediately what i could, but left a little for trading (my bad). 
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