Look down about a dozen posts: https://bitcointalk.org/index.php?topic=5380346.0

As others have said it's BTC only.
If you are a good enough programmer you could probably clone their github and make something that will work.
But, I don't think you will be able to load it since it checks for signature. I could be wrong on that, never tried to load anything but the official published builds.

-Dave

So if all of a sudden a new pool(s) appear(s) and they include TXs that nobody has seen in the mempool you don't think that is going to look a little odd?
1st time / block it happens there would be some discussion about it here and elsewhere.  If it keeps happening they people are going to look at the address where the block reward went and start looking where those TXs go. Possibly not even the government or for any malicious reasons. Just people trying to figure out what these odd blocks are doing.

The best way to hide is in plain site.

-Dave

There is always the 2 of 4 multisig approach.
You have two the person inheriting has one, and whoever is in charge of your estate has 1.
This way you can always have security to send (since you have 2 of the 4) and the other 2 people can work it out according to your will.
If you know you are dying and just didn't get hit by a bus then you can give the person your keys and it's done.
Just like going to the safe and giving them bags of cash.

-Dave

Since the same things keep coming up:

1) Yes you can force a RPi2 or 3 to run a node but it is going to be a slow miserable time and you will have lots of issues.

2) Yes you can download the entire blockchain and run a node on a 500GB drive. But you WILL run out of space and then probably have corruption and then have to buy a larger drive and start again. And you might not even be able to copy the data from the old drive if the corruption was bad enough.

3) Yes you can use older equipment to do it. You can even use 10 year old laptops with a 2nd gen core i5. But much older then that the pure performance issues are going to be a killer. And as time goes on it's only going to get worse.

4) You can even use an old 5400 RPM drive and store your OS and blockchain on it. But if for whatever reason you have to do a full re-scan of the blockchain I hope you have a couple of days to kill.

5) Yes you can do it with 2GB of RAM, but your IBD is going to take 2 days short of forever and general performance is going to be miserable.

n0nce made a nice post about doing a node for under $60. https://bitcointalk.org/index.php?topic=5364742
You can do it for a bit more, you can do it for a bit less.

Don't try to cut that price in 1/2 unless you are technically inclined and can work around the issues. Otherwise you are going to have a miserable time.

This is not to stop people from trying, far from it. This is a post letting you know that it WILL WORK. But the time and effort you are going to put into it, although probably a learning experience is going to be a lot more then having SLIGHTLY better equipment and doing it more efficiently.

-Dave

If you are ever going to need any old transaction data from before the data that you have not pruned it's going to be an issue.

I have been getting grumpy about this but will say it again, if you want to run a node for business and cost the storage difference of a pruned node vs a full node makes a difference they you should not be doing it that way. There are many ways to get the data using API calls to services. That one time you need something that is not on your node for some reason the entire process comes crashing down. Use the right tools for the job.

-Dave

So, I tried it and just didn't get a good "feeling" about it. Just seems sketchy.

Lets begin, go to make the card and you see this:



Click create card and you get this with a lower price for BTC:



Bounce out to preev and BTC is the higher price.



But on a purchase to test, what the heck it's not that bad. For bigger numbers it's going to be worse but it's a test.

Follow through get a BTC address and get a card with a name and a address going to someplace in Sheridan WY.
Looks like a small office building, google it and it looks like the mailing address of a law office that creates 1000s of small companies.
So probably legit. Check the filings with the Wyoming website and it does exist.

Then it gets funky

For those of you that don't know from the 1st 6 digits of a credit card you can identify the bank.
The card I got comes back with 485953 which according to here: https://www.bincodes.com/bin-checker/
comes back to a bank in Colombia.

Make of that what you will. It's a decent size bank with a good reputation.
The card did work when I used it about 10 minutes after getting it. So that part is legitimate.

No advice, just information what you do with it is up to you.

-Dave

Avatar:

Rank: Legendary
bech32 address: bc1q52ugy98rqktakfqn4d2gazylgd7ugv8as89q8v

-Dave

And don't forget all the other bank fees and issues.

With cash you not only have to worry about out and out theft but also counterfeit bills and honest mistakes of wrong change amounts given.
More and more banks are charging fees to smaller businesses for certain types of transactions. Night deposit? Fee every month. Want a standing order for your opening cash in the morning? Fee every month. And so on. Do you think your or your employees time to count out the cash is free?

CCs have their own issues.

BTC is not perfect, but you can work with one of many payment processors, who for the most part take a smaller fee then CC processors, and you don't have to worry about anything and your fiat is transferred to your account daily, or however often you want it to be.

-Dave

Ah, the good old days when you could mine and not worry that much about the noise.
Here are a couple that I remember from back in 2011.

BTCGuild was late 2011 so that was also a possibility: https://bitcointalk.org/index.php?topic=49417.0
Eligius was mid 2011: https://bitcointalk.org/index.php?topic=23768.0

There were a bunch more back then that had NMC. Many came and went quickly.

-Dave

As someone from New York I think all chain pizza is not real pizza you can get some pizza gift cards from Bitrefill tomorrow and get 50% sats back.
But then you have to eat something that is only vaguely pizza like. As opposed to real pizza.




For anyone from Chicago: https://www.youtube.com/watch?v=jCgYMFtxUUw

-Dave

BTC Price high 2017 $19000
BTC Price low 2018 $ $3500

So that was a much bigger BTC price pullback, at least as of now.
If you had other coins then I hate to say it but with a few exceptions then you were gambling anyway.
With everything else going on in the world at the moment and the spectacular implosion of Luna the current pullback is not that unexpected.

-Dave

Well according to the OP he has access to massive amounts of computing power:


So he found an old wallet while working on one of the bitcoin puzzles that are posted.
I think we are missing something.

-Dave

 

1) Humor: What the heck? Did auto-correct on my machine stop working when I posted this. Just saw the misspellings in the subject.....

2) Serious: Although I don't use exchanges often I feel 'safer' in a regulated exchange that is not a public company. They don't have to do some funky things to make the numbers for the quarter or year or whatever. It's just my feelings; has no real basis in fact. But I could see someone who works for Coinbase or similar doing something monumentally stupid if they were going to have 2 massive bad quarters back to back. Change this amount here, make theses reserves look like this and poof....no loss for this period. And then is snowballs and you never catch up. For those of you who were around at the time remember miniscribe https://www.youtube.com/watch?v=OWwzQyXAvXI

-Dave

Pulling something out of the air in terms of the recovery if you loose every device I can see them storing it in a way that they don't have access to but you do. Kind of the way the lastpass / and other password managers do it.

But it would still rely on the user knowing username & password & some other form of data. That would make it vulnerable to the $5 wrench attack. Unless there is another failsafe. Something like you need to wait "X" days before it's recovered. Still FAR from perfect or even a good idea.

-Dave

Technically they know where your hash comes from since the NH relays are well know. They don't know how you PAID for it.
However, since NH charges a 3% fee and most PPS pools are in that same 3% range you are taking a big cut off the top.
Probably no more then some of the other ways discussed here however.

-Dave

Nope you can't. You need a 4. You need at least 2GB Ram although that would make for a miserable experience. 4 or 8 is recommended. The 4 is also MUCH faster.
Take a look at where the 4 is terms of speed vs the 2.
Also the 2 only has USB2 to move and deal with the blockchain and other things you need USB3

If you could you somehow force it on and then possibly make it work it's going to be a disaster with many performance issues and things not working because they took too long.



-Dave

Would also like to add, don't mine just to mine. There does reach a point where the older miners are really just converting electricity to heat and noise and the hash they do make is so tiny that you are loosing several times your investment in electric vs. what you mine.

-Dave

Check though the threads here: https://bitcointalk.org/index.php?board=99.40
There were a bunch of discussions & possible solutions. You will may have to dig though a bunch of them to get one to work for you. No idea why, it should be a regular BIP 39 but there were a lot of people that it did not work for.

-Dave

Since the fees are low and you can get low value cards I can see them being good for the 1 and done kind of thing.
Need a card for $38.45 at a potentially sketchy website. Get one use it and move on. If CoinDebit  disappears 6 seconds after the merchant gets approval, not your problem.

The flip side of that is the bad part, you have no way of getting your money back if they don't ship / do whatever they say they were going to do if CoinDebit goes away your funds are lost.

Will probably try it sooner or later.

Good find.

-Dave

For now Umbrel is TOR only, will it still connect to a non TOR node even if it's local? I never tried.
Also, although it should not matter, changing the conf file for some of the preconfigured nodes may cause other issues. I know once you change any of the conf files in mynode it will not change them itself even if an update to bitcoind or other app requires it. It's the you touch it, it's yours theory.

-Dave