Bitcoin cash hard forking, is that true?. It was originally from bitcoin bifurcation, although not quite understand the principle, but how can I bifurcation?
This hard fork is to do a change to the retarget algorithm. It is not a contentious hard fork. It is meant as a software upgrade and not to split off into two coins. If you are using a wallet, you must update your wallet. The old wallets won't recognize the new difficulty algorithm, so won't accept the new blocks as valid. Wallets that do not upgrade are likely to find themselves on a worthless chain. It probably will be a frozen chain, too, since I expect all of the pools and major miners will have updated their software.
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.1 bch for the first correct answer.
Which of the two choices below more aptly fits the definition of the word "Fiat"
1) Federal Reserve Notes?
2) United States Notes?
Federal Reserve notes. 1EtJhdT6UL1RE1CHnRM8fuECJ5kz6MWdf
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Thanks for the advise. I'll look into getting a better power supply. I already tried to set my memory to +600 and was having issues. currently, I am at +350 and will keep pushing it little by little to see how far that I can take it.
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Is there any danger in holding coins on a segwit address vs a legacy address in trezor? Say if segwit got back-peddled.
I don't think so. I can't see any scenario right now where SegWit would get deprecated, at least in the foreseeable future. As with any software, there is always the possibility of some vulnerability lurking about. I have heard that it may be possible to rollback the Segwit transactions and reward the attacker via a 51% attack. However, any coins you hold, segwit or not, are vulnerable to being lost in a 51% attack. So whatever. I really do not see any big player wanting to implement a 51% anyway since the market is not liquid enough to help them make a huge profit by shorting before the attack is implemented. I would think after a successful attack, BTC would be basically worthless anyway. So the attacker could not possibly profit from dumping any ill gotten gains. I doubt any big player would be willing to expend millions if not billions just to destroy BTC outright. If they wanted to do this to divert equity away from BTC to some other asset market, it's likely to not divert enough equity to their pet asset to make such an attack profitable.
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Meanwhile ... It seems to me that Slush Pool has ceased to announce S2X since block 493083 ... or I didn't get something ? https://coin.dance/blocksSlush Pool allows its miners to designate what signal they want when they happen to get the block. The vast majority of Slush blocks do not signal for NYA. https://blockchair.com/bitcoin/blocks?q=guessed_miner(SlushPool) Let's hope that this reflects the actual sentiment of independent miners. That may be a stretch though since Slush himself is not exactly thrilled with S2X, so his pool probably attracts a larger portion of miners with the same sentiment. Furthermore, I am sure the default setting is probably no NYA signal.
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Why would the miners lie about their intent to mine 2x?
The generals(pool operators) may all be signaling, but the mercenaries(independent miners) are free to switch to whatever side they care to. As demonstrated with BCH, many independent miners are going to switch to what is profitable. The independent miners are not serfs bound to their lords.... I thought that BCH was "jihan-coin" and it was controlled by the Chinese miners? Now suddenly miners are independent actors? So only BTC is "decentralized" despite the development being controlled by a corporation? There will be no profiting from "holding both coins" during the 2x fork, other than from shorts and longs on the price swings on BCH and 2x when 1x dies and Kore is finally fired. Nobody will "own both coins" for more than a week or two. Then it remains to be seen what happens with the BCH/2x price differential. WTF dude? My main complaint about BCH has always been about the effects the EDA had on the mining. I always thought the "vulture miners" were independent miners. I also think the magical mystery miners are farms controlled by Jihan. However, with the BCH hardfork coming up, my main objection to BCH may be eliminated. It appears that my objections to the EDA have been spot on since the BCH development team is in total agreement and fixing it.Also, I think some of my posts lately have been rather pro Bitcoin Cash. After all, I compared the upcoming segwit hardfork to the sinking of the Titanic and stated BCH could be compared to a life boat. So give this skeptic a little slack, Bro.
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Hey all, I have been searching for a program that will give me a calculation of a GPU hashing power and CPU hash power for altcoins.
I have some computers left over from a failed business and I want to use them for farming. These are the general specs
3.5 GHz Six Core AMD FX-6300 Processor 22.5" Samsung LED Monitor 8 GB DDR 3 RAM 128 GB SSD 1 TB Hard Drive 1 GB NVIDIA GeForce 210 GPU
thanks!
Wookie
Those GPUs are not going to make you a profit at all, unless you can get free electricity. Those GPUs only have 16 Cuda cores each. GTX 1070 has 1920 cores. Plus the speed is very much lower than the more up to date chips. I project your hashing power will be less than 1% of what the 1070 is getting. You'll be lucky to make 1 cent per unit per day with free electricity. The better news is you may be able to get 265h/s with cryptonight for the CPU. You may be able to score 50 cents a day per unit with free electricity.
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You know, with the S2X fork, just because the pool operators are signaling doesn't mean the independent miners are going to stick around and actually mine the S2X fork. The independent miners are not serfs. They are free to point their hash to any pool they like. You think many independent miners are going to stick to a pool mining S2X fork, if it's more profitable to mine on the original chain? Sure, I know Jihan and friends have huge farms. However, Jihan and friends are already devoting at least 500 PH to keep BCH above water. How much more do they have to devote to S2X? Ver and DCG better pump this S2X up if they expect this to succeed at all.
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Just wondering, is it possible to mine Cryptonight with my EVGA gtx 1070 and lessen the lag? I cranked this up and my computer became unusable. So far, my google searches have come up with "Mine Equihash algo" if you still want to enjoy your computer. Sorry for the newb question, but I just got this computer the other day. My last computer only had an AMD 7570, so I didn't GPU mine much at all. This is going to be quite the leaning curve. Edit:Ok, I figured out how to set the intensity, down to B=10. Still lags, but more tolerable. I tried to lower the tpb to 16, but was getting errors of share difficulty too low. However, not sure this is even worth mining at B=10. Any suggestions?
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I'm interesting to this project and i want to be a part of it. From which point i can start? I hope to answer me soon... Thanks!
Did you have Bitcoin on August 1st? If so, you already have Bitcoin Cash. If no Bitcoin, then you either have to buy it on the exchanges or mine it. Bitcoin Cash is being traded on almost every exchange out there.
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touché So, you are saying that you did not sell too many, this time? I ran out of BTC on GDAX 2 days ago at 7147. It would be nice to buy back .01 BTC for 68XX. However, the majority of my holdings are parked in my Trezor. So the benefit of being able to buy back less than 1% of my portfolio for a few bucks cheaper would pale in comparison to the larger loss in value to my overall portfolio. Besides, I just got a new computer with a GTX 1070. I'll be able to increase my portfolio little by little mining shitcoins. Maybe mine BTG, when it gets released. I was thinking of moving a little bit more BTC to Gdax, but I'm too busy playing with my new computer to be bothered making micro trades on Gdax.
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Come on BEARS!! Short this shit to the ground! We need more short squeezes! Sorry about your loss, bones261. You sold too many, again... Maybe sooner or later, you are going to learn the value of HODL!!!!!!!!You should always read the fine print. [size=2pt]We need more short squeezes![/size]
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good lord! with btc at this price? sell a couple of millibits..you can afford it!
i ...only have some dust. 0.00005242 on my local wallet and about the same on stamp. oh sorry mate... I saw legendary and assumed... And I thought that I was the legendary minnow.
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Come on BEARS!! Short this shit to the ground! We need more short squeezes!
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The Titanic was the biggest 'User' ship these days and could rather apply for legacy bitcoin. Naysayers did not want to fork to a saver track and just collided with some ice berg. If you pay attention to the video - the ship FORKED in two pieces, and BOTH parts sank... If real Bitcoin sinks, so will BCash... hmmmmmm Thats actually quite accurate. Luckily BTC wont sink. Yes, the two pieces of the ship are the segwit x1 chain and the segwit x2 chain. BCH is a lifeboat. This upcoming segwit chain hardfork will truly test if BTC is unsinkable or not.(I hope BTC is indeed anifragile.) The iceberg is refusal by both sides to implement strong replay protection.
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Why would the miners lie about their intent to mine 2x?
The generals(pool operators) may all be signaling, but the mercenaries(independent miners) are free to switch to whatever side they care to. As demonstrated with BCH, many independent miners are going to switch to what is profitable. The independent miners are not serfs bound to their lords....
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OK, this is the gpu that I received. https://www.techpowerup.com/gpudb/b3999/evga-gtx-1070I'm trying to tinker with MSI Afterburner. Unfortunately, My card is now running on 80 C with fan at 60%. The whine is starting to bother me.. I am getting only 410 sol/s with Equihash using Excavator 1.3.5a. Here are my other settings. Power:80 Core:100 Memory:175 I have tried to set the memory high, but notice that the GPU crashes if I push it too far. Perhaps I am not built for mining. The whine from the fan is like scratching on a blackboard to me...Will I get used to it?
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TORQUE!!!
<bro fist> Sorry, was away for awhile tending to some things. Btw this is unrelated to my going dark, but for years I had heard the rumors of certain Legendary users being approached by other anonymous users with offers to sell their accounts to them. And even rumors that some had taken them up on it. Well... it's now happened to me too. "Name your price", he said. I find it all amusing. Just know that I am a person of integrity and would never do something like that, no matter what the offer was. Anyone who wants to buy your account intends to impersonate you and do bad things with it. No thanks. How much do accounts like ours go for, anyway? Surely he has a max price in mind. You can go here to find out how much your account is worth. https://www.bctalkaccountpricer.info/Just checked mine. Mine is worth 0.19880000 BTC. NOT FOR SALE! @Torque They probably want your legendary account to either scam people, launch a shitcoin, or get paid a premium with signature campaigns.
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Bitcoin Cash is gaining some traction these days. Anyone knows the reasons for that or has some advice? If there is a successful fork of Bitcoin its probably Bitcoin Cash.
because of the big backers like roger getting serious about it now? look here https://www.bitcoin.com/info/bitcoin-cash-is-bitcoinafter 2x fork this will get even more serious. Nice read but I don't think Bitcoin Cash will ever come close to Bitcoin. I might be mistaken about that but I think Bitcoin will always remain the biggest ship in the ocean. It is not as fast and not as versatile, but it will remain the biggest Just remember, the Titanic was one of the biggest ships in the ocean at the time too.
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