The senior old demented Biden actually hasn't said anything about anything, he has spokes-people who do his talking for him,

Trump was a twitter maniac

I don't think Biden has ever once in his entire political career said anything off the cuff.

Trump is/was serious there BTC isn't money

"Only gold is money, all else is credit" JP-Morgan.

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Why do BITCOIN fanatics hate people for telling the truth??

BITCOIN is NOT money, get over it.

Why is BITCOIN valued in US-DOLLARS? The very currency that Satoshi's minions claim to hate?

Anybody can run a full-node on a $10 rasberry clone, many do, with a full node, you can run your own electrum-server ( another 300GB), and thus you can sponsor your own private-wallets for real security to bypass the exchanges and internet blockchain spyware

Mining requires a bitmain S-19 (2500W), that cost about $5k, if you can find one, anything less is a waste of time, at 88THS, that fetch about $20/day, but cost almost that much for the electricity

For compare a RTX-3070 card GPU ETHereum using 100W, can make $5-10/day, but you can't find the cards ( shortage ), just like ASIC miners

Right now the full node is about 400GB, not a problem little sata drives are 1TB for $40

Probably the hardest problem, for full-node is yes, finding that 100% reliable cheap fiber-optic internet, while in ASIA that is a given for $10/mon, USA still seems to be in the COMCAST darkages, where metered lines north of $50/mon are common; Internet all across USA is still dark-ages, I'm sure Austin has fibre-optic to the door for cheap 24/7, but not boonesville, or most USA citys

I would say a 'mining btc is 100x' because of the power cost, and investment cost, all hw is made in china, and all mining is done in china, largely because the USA is still using 1900's technology, and ASIA just went online the last few years, so the infrastructure is new

The ASIC miners for bitcoin sound like a jet-engine when running, so if you don't have a factory, or a private place, its not that easy; 2500-watts at 220v is serious power usage, think a cascade of electric water-heaters.

On another option to run your own full node is $20/mon on a virtual server, buys all, and some like HORIZEN even pay you $40/mon to run the node, its your node, so you can do as you wish, too bad BTC doesn't pay you to run a full-node ?

A good question, is there any BTC clone that pay's you to run a full-node out there??

What's worse is every generation has its own SM_nn compute model, because 1st gen had 100's of cores, newer gen has +5,000 cores

It's difficult  to write device-drivers, best left to the manufacturer, as the firmware is always proprietary the public doesn't even know

It would be a nightmare to develop raw code for a specific card, especially given the fact that NVIDIA ( say cuda ), brings out a new gen every 1-2 years, so the developer would have to start over

The entire reason for librarys is to make it easy for developers, its hard enough to develop GPU code with librarys, very few people can do it,

All the above said, if the trend continues say RTX-3060 where NVIDIA said they would penalize mining, then their could be a move to write full software, but again like I said, somebody would have to steal the microcode source from NVIDIA to really understand how to optimize the instruction set. Or for that matter, you would want to develop your own micro-code on the board to specialize in mining, this is even a lower level than 'drivers'

These days these RTx-3090 boards are some of the most complex stuff on earth, way more complex than the CPU, I guess the same question could be asked "What does somebody just make a GPU for mining  in his garage", of course the answer is you would need $100B to make the chips

The worst thing about 'locking in' is it means you couldn't use new boards as they came available, you would be dependent on waiting for somebody on github, then on that level you could expect the developer to ask 50% of the profit, cuz why not there would be no competition. Now the dev feed for mining sw is 1%

It's mind boggling I could see some Bullshit scammer announcing a ETH raw-source miner for RTX-3060 cards, but what would be the life? When you upgrade the firmware the you would have a 'rock'

People have already found work-arounds to the RTX-3060 problem of Nvidia slowing down mining, so its not like their is an urgent problem.

This is all bound to happen, library's are controversial, the younger will think, why not just 'roll your own', not knowing how difficult long-term maintenance is, of course in the crypto world, nobody cares about long-term, they only care about get rich quick

Of course, the 'get rich quick people' don't care about taxes, that's an after thought they have to deal with, only old farts think about tax-planning.

Biden will do a lot of damage to BITCOIN, because these crashes will do a lot of damage to institutions. If BTC reverts to $10k like summer 2020, then $1T USD will have been wiped out, wiping out large institutions and wiping out their investors. There will be a huge demand on Biden to 'punish' the Greedy BTC gamblers.

Two weeks to date, with the -25% loss, aka $350B we haven't even begun to see the suicide reports, and carnage from margin-calls.

Bouncing back? Well that's the question, will the FED bail out Bitcoin? I think its possible, after all the FED-FIAT is free, $1T to save 'wall-street' is chump-change.


The summer  of 2020 said of BTC "Bitcoin is the New Cash", put your cash into BTC, and make more than 0.01% like the bank, or CD, or UST; That's the other thing too, in recent months UST is up, so lots of money moved out of BITCOIN, and back to UST

The entire thing is insane, to allow a speculative virtual asset with no backing, to become a 4th leg of the reserve-currency nation.

Simply put too much of the nations liquid-assets are tied up into a CHINESE (miners&hw) owned virtual-fraud, the COVID created the situation of easy cash that flooded the market, and obviously $1T flowed into BTC, but then it evaporated by 25%, who sold out at the top? What did they know? Like Archegos, its usually Goldman-Sacks and the big banks that control the FED, that save themselves first.

I could get them all day long up until NOV 2020, now I don't see any except 10x over-priced, or used cards. I think the last rtx-3070 (ASUS) I bought was $500, just 6 months ago, now unavail

Most of the stuff on aliBaba is fake, just to get service fee's they post cards, but when you talk to seller they'll tell you there are no cards, yet alibaba will take your money, hold the credit-card fee, and refund balance less 2% months later, just like normal, so this is the new scam. They're still making money, even when there is no product to sell or ship. U gotta loves the owners.

But on with reality anybody sourcing any cards? The Manufacturers said they would free up Apri 2021 but that has come&gone; now some are saying 6+ months, some are saying never

This is not unlike the shortage we had 3-4 years ago, it took awhile then the price's fell to earth I was paying $100 for gtx1060-6gb, now they're unavailable, except maybe ebay for $1,000, and even the worthless 3gb cards are asking $200 or more

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I personally don't want to buy anything less than 30xx in the future, so I'll just wait, just want to hear honest opinions on this subject.

There's lots of real bad clone cards out there, that die real quick, lots of used 20xx cards being dumped as well, but I never buy 'used cards', just like 'used cars'

Most of the ME-TOO Musk buy in was around $42k

Do you really think think the institutions are stupid?

If they buy in it will be the real low.

The real problem right now is the institutions that bought above $47k, and how they tell their investors about the losses, and how they keep their investors from pulling funds.

Remember that all institutional investing was either borrowed COVID money like Musk, or its OPM from hedge-funds and banks. These losses over the past 14 days amounted to $350B USD, so somebody is going to suicide. It's not even Monday AM yet in NYC, we don't know anything.

IMHO the USA GOV will BAIL OUT BITCOIN, too big to fail, it is.

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Define 'weak-hands', why has DOGE made $50k for guys who bought $1k a month ago? Why is it a month ago if you bought $1k in BTC, its now worth $750

Institutional investors is why BTC went from $47K to $63k, somebody sold to create this $350B loss.

The Archegos hedge-fund collapse a few months ago started this, 10's of billions of losses, biggest hedge-fund collapse since LTMC, it ripples through the system billions in margin-calls, first thing to be sold is GOLD, as it is the most liquid.

The entire reason $350B got parked in BTC is "BTC is the NEW CASH", recall DALIO said "CASH is Trash", USD in the bank is 0.01% ROI, so Institutions from summer of 2020 moved their cash (OPM) to BTC, ok all was good. Then Archegos hit, and the shit hit the fan.



I think the month delay of BTC fall from the GOLD fall is that its so damn hard to pull funds from the exchanges, as you all know Fee's went ASTRO during this time, the system isn't setup to liquidate 100's of Billions of USD in BTC, like it is GOLD. Perhaps the entire fee scam was a mirage too slow down the sale of BTC; Just like Archegos, we don't know if the smart money (GS) got out first, we don't know who is holding the bag?

We don't even know if MUSK sold out at $63k (1.5B), or has he ridden all the way down? We don't know anything.

Weak-Hands is like HODL; Weak-Hands is usually referred to the client, like GS calls them Muppets. The BTC selloff is not weak-hands, its the biggest institutions on earth dumping BTC.

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NO they don't have cheap energy anymore.

The real reason is that GIVEN they make all the HW, they got first access. Then when its USED & old they ship it to the west for resale.

Also China, had hydro dams coming online, cheap power in the forecast, now the rivers are running dry last 5 years, this year is terible; so they have moved to coal

Various regions in China are talking about raising rates from 0.02$ ( two cents kwh ) to 25 cents kwh, which is what most of ASIA pays, which is more than say PNW pays ( 0.15 )

Mining centralization? Well we shipped all the manufacturing jobs to China, we shipped all the contracts to make ASIC miners to China, they stole the designs, they built all the miners for themselves, and they took over MINING +67% long ago, today they control the blockchain.

WHAT ARE YOU GOING TO DO ABOUT IT? This is the question?

Sure china had subsidized power, just like housing, just like Russia; Its all poltical north of the yellow-river, you have centralized heating, South you don't. So the miners moved all over the north, and took advantage of this cheap subsidized gov power, now its  game-over;

But the un-winding could take years, and then why should the chinese miners move to the west? They will just go to Mongolia, or Iran, lots of places; Hell USA has the most coal reserves on earth, in the long term picture using the current direction  as a vector, all mining could be done in the USA the entire atmosphere becomes black, but everybody is rich. Musk will be on Mars mining DOGE.

Something has to be done, to have a low-energy cpu based mining strategy, that is equitable to everyone, then fee's are low, and consensus is real, today nobody talks about CHINA controlling consensus its a taboo topic.

Sure +20 years ago China built the MEGA-DAMS, the water level fell, just like in the Western United States, the water problem in CHINA is now critical, that's why MINERS are moving to the COAL regions, but COAL brings massive pollution problems, the CHINESE GOV will not tolerate a few people getting rich, and destroying the health of the majority.

One man, one company owns all. ANT BITMAIN alibaba, taobao, its all Jack Ma, now under house arrest, and the CCP has seized all his assets, now CCP is the owner of you blockchain.

Well essentially investments approved by the GOV, have means of getting your money back. In the BTC world when the exchanges steals your money, you are SOL.

Older people tend to be wise about losses, and they can't get it back when lost, because their earning years are over.

Young people can afford to 'lose it all',

The investments are 'gov controlled', so much as they are 'regulated', e.g. there are rules, like telling people what is actually being done with their money, while its in the hands of the bank, or broker.

You bring up the most interesting question of all "Will the US-GOV bail out BTC"?? Yes they will, in past 14 days BTC fell 25%, that wiped out a lot of institutional funds; The blood on the streets hasn't even flow yet to the public eye.

In the past 50 years GOV has bailed out 1,000's of shitty company's, so yes GOV will bail out BTC, and why not? The money is FREE FIAT, FED can issue FRN to infinity.

Tulips for all forever. Rome ended this way, the money became worthless farmers quit sending wheat to the citys, there was no bread, and the city's failed, the GOV failed. It took 500 years for the Romans. The USA has been bankrupt since 1911 at the start of the FED.

What's BTC really worth when backed by FED, and measured in USD?? BTC can go to infinity, if its measured in USD.

Probably better to measure BTC in gold day-2-day to see if its really increasing in value.

Recent selloff of gold in the past few months is because gold is more liquid that BTC ( exchanges make exit hard ), the EXCHEGOS fund-failure caused billions in margin-calls, lots of gold had to be liquidated. BTC was next to selloff. People need to raise cash to cover.

With recent -25% drop in BTC, we don't know how many people were flying 4x, or 10x, we don't know how many 1,000's of people have been wiped out, nor how many companys??

Musk bought $1.5USD on borrowed money at $42k a few months ago, people like him aren't looking so bright now, they're going to sell or go bankrupt.

GOV created BTC so this argument is actually fallacious, you must know that SHA256, SECp256K1, and all BTC backbone is NSA created. The original btc white-paper came out of BIS-IMF in 1997, and not satoshi in 2009.

Its been said FED-BIS-IMF has only one reason for creating BTC, to keep stupid money from flowing into gold. World Government

If your a BTC hacker, then its essential to run your own full -tindex block-chain, so that nobody can see what your doing.

But really what we need is low-cost, low-energy miners, to widely disperse the 'consensus'; The current high-power usage of ASIC in China is what is causing fee's to skyrocket.

There must be diversification of 'mining', can't have it all in CHINA. Trouble is CHINA also makes all the Mining HW,

Even the better alt-coins have given up fighting the GPU wars, and have just let bitmain sell equi-miners, and eth-miners; There used to be a real drive to keep the MINING on the CPU, so that everybody could mine & host a node, but now while you point out there are 100k dispersed nodes worldwide, all mining is done is CHina, or the majority, and all user the Chinese HW, which all calls home to china;

Real problem for future of BTC, but given that CHINA owns alll the media conduits, and exchanges, and pools; Nobody can seriously do anything except remain silent.

I agree, if you just go to localbitcoins.com, you will find tons of people that will meet you in a public place and sell you BTC for cash.

What does that mean "Cant fund my account", certainly it means you can't fund your address, or does it mean you can't get past the KYC 'WALL'

Well if you have an 'account' and by that I assume btc valid-address, where you have the private key. I'm sure there are infinite people would be happy to transfer BTC to your account.

To connect just visit localbitcoins.com, and click on the links of sellers, not the site itself, once your in contact with a seller in your area, then feel each other out and decide how to progress.

On the other hand if you mean, you say 'opened' an account on coinbase, and can't fund, well that's a common problem for instance 'transferwise' will not fund crypto, and same for lots of banks.

People here have answered your question, I think your a bot, because context you use 'account' is not clear. You can't transfer BTC to your bank-account, you don't sound educated enough to have setup a wallet and create your own address, so what the hell are you even complaining about?

If you tried to setup an account on a USA based IRS controlled exchange, expect the process to take a long-long time. The IRS needs time & the FBI to do a colonoscopy on your life.

Historically to 2009 BTC was a nerd coin, then post 2014 became a scam-coin, then post 2020 became a mainstream 'Goldman Sacks' shit-coin

It's no joke that the robin-hood traders think that BTC is orchestrated, & pumped by old farts. Boring, and when things get boring, expect for a new kid on the block to rule the roost.

Given that the geriatrics controlling bitcon.org have slept with the IRS, FBI, and NSA; Given that post-millenials don't trust post COVID, they know that the agenda is euthanasia, I think that the smarter survivors will adopt a coin for long-term survival.

The old farts running BTC think that they're going to live forever on the blood of children, think MUSK&Thiel, google "parabiosis" don't have to make this stuff up, modern vampires.

Remember, the reason Thiel(palantir-cia) and Musk Paypal, are the leaders of BITCOIN in public is they're the poster boys for the new normal. Think "Matrix"

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Satoshi(NSA) specially chose weak parameters for Bitcoin, both SHA256&Secp256K1, have limited lifetimes before they can be broken by the general public, then BTC goes to zero.

The CHINESE cbdc will have explicit expiration dates, BTC its sort of hidden, even the NSA didn't know for sure when SHA256 & SECp25K1 would be broken by public.

BITCOIN allowed the GOV ( BIS-NSA-IMF) to normalize crypto-currency, now that its an accepted thing, GOV all over the world will release their own crypto's into the wild. Not unlike today where all gov's unleash their own FIAT to infinity.

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Well its back up to $52k, so somebody is buying.

Does anybody think the FED will bail out BTC? Now given that so many institutions are using BTC as 'cash savings account', and the past weeks loss of -25%, and now -20% at $52k

The pain is going to be felt Monday AM in NYC. Right now, its denial 'HOPE' that BTC goes back up, before the 'investors' are told of their losses, for right now, nobody knows really which large institutions are setting on the losses.

This  post isn't even about BTC price, its about why the BTC-ORG chose to get in bed with the US-GOV? Defying the very reason for BTC being born in the first place.

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at


Yet U respond to the almost all the bile on this forum. Faceplant.

R U so sure all the satoshi pristine public-key addresses are still fully funded?? Have you even bothered to do a block-chain scan in recent years??

I track old public-keys as a hobby, today some +70% have zero bal. R U human?

N, & N-1 are your solutions.

_

If it were pig latin, I would think they're talking about the trap-door function, but who is to really know? Hashes by definition are non-reversable one-way 'trapdoor' functions. SHA256(N) -> H, you can calculate H from N, you can only go forward. Impossible by definition to get N from H.

The goal of 'mining' is to be the first to find 'N' leading zeros in the target-hash, nothing about less than or equal

Or perhaps their talking about finding the target hash with more leading zeros than the accepted hash by consensus, this stuff was done years ago, study 'orphan blocks'

The best bet is to go to CHINA, join the CCP, and get on the team that decides what software all the miners are running, and then enter your consensus rules into the source and have it send all the blocks to your address. making money from btc in 2021

Yes, before 2014 btc was the province of  programmers, there was no hate.

As soon as the money grubbing traders and common criminals arrived post 2014 the 'hating' began, and HODL as well

Pre 2014 nobody talked about 'getting rich', we were going to become our own banker, we were going to put a stake in the heart of uncle-scam, and FED; Now today its 24/7 HODL/HATE, and Uncle-Scam has taken over BTC; Might I add BTC-CORE handed scam the keys to the door

Everytime the price goes down, people read the negative articles, everytime the price is up, nobody read the negative articles.

Hell the only time I post here is when the price is going down, funny how this works. I think people have their thinking caps on when the price is in a free-fall, otherwise, they' blinded by $$$

Another thing here is post 2016, the majority of the posts are 'sentiment bots', which are probably paid for by exchanges, as volatility is how they make $$$

Current estimate is $2 Billion/year of BTC is hacked, mostly from exchanges

Of course BTC just dropped apr17-27 from $63k to $47k, that wiped out $400B in capitalization

This is why stolen $2B is such a small drop in the bucket

But given $1T CAP, that 0.002% which is way less than what is stolen from VISA annually

You can write a book about the ways bitcoin ppl have been robbed, and its a boring subject; majority is stupid about exchanges, and stupid about 'free offers of BTC'

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The real problem is they trust the exchanges, where the addresses are issued by default, where the exchange holds the priv-key, where the exchange is easy to hack, and insiders are corrupted. Remember everybody/anybody inside of an exchange can find the super-used password's if they wish.

IMHO most of the $2B annual exchange hacking, is insider info passed outsiders for discrete payment. You really can't blame poor security, criminality of this magnitude is always an inside job.

Besides, no insurance, no responsibility, nobody cares, perfect recipe for crime.

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This is a super waste of time. The best-of-the-best of anything on GITHUB is jean-luc 'Kangaroo', but even that you must be within the search range of 2^40, but then on that range of a real-space of 2^256, your not even in right galaxy 1/2^216

You get one-at-a-time search hashes in python, what are you doing 100 keys/sec??

You have to program in C/C++, you have to know how to program GPU's;

BTC key-space is 2^256, that is 10^77, that is the number of electrons in the known universe; One at a time you could not even be looking in the right galaxy for your lost electron.

The way its done is to parallel search of all keys at once, all 300M bitcoin addresses, that way on every search cycle your looking all at once in one nano-second is this priv-key, is this hash in the bloom-filter abstracting 300M keys, yes or no. If it is, then you print out that key, and you have found a private-key to a real bitcoin address.

Running on RTX-3070 cards, I'm seeing 2500M keys/sec, but because I'm comparing 300M on each cycle, its really 10 Trillion keys/sec, even then with the birthday problem 2^128, I figure the odd's of hitting a high-value address is 1,000 days, I run a mining rack of 4 RTX-3070's, and I'm doing over 10,000M cycles/sec ( times 300M ). WHen I say 1,000 days. Which is once every 3 years.

Just a few years ago with GTX-1070 cards I was doing 200M keys/sec, with 4gb bloom-filters( 100M) bitcoin addresses.

There are only about 10k high-value addresses on bitcoin

There were at one time 1,000's of public-keys with high-value, but post 2013-ish they hashed the public-key, so their no longer available, note "Kangaroo' only works if you have a public-key. Note that the only priv-keys ever found were toy problems where they gave you an priv-key that was close to the 2^40 range

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There are two ways you can hack, crack, or bust Bitcoin.

1.) Is by math, that means you know the public-key, you search for it; The fastest technique on earth to date is pollard-rho/lambda, aka now called kangaroo, but it only works on toy problems, the current is around 2^110

There are other ways to hack a public-key, such as endomorphisms, and pairing;  You can google these subjects; "ECDLP discrete log problem pariring/endomorphisms" read the papers.

I know this stuff is working, because two years ago here were 1,000's of BTC public-keys still with high-value ( pristine ), today there are less than 900, they get hacked about 10 / month; I spend about 1/2 my time on this activity so I'm up on what's being done

2.) The other way is hack is brute force, or just search the entire 2^256 space randomly; Which is what I'm talking about above with GPU test 10,000M priv-keys/sec, and look to see if the hashed address is in the 300M ( 64gb bloom ), if you get a hit, you still need to do a binary-search using 'xxd & sort -u', and binchk ( see original brainflayer for binchk ), that is 100% instant verification, the bloom-filter will always have some false positive, even 300M addresses in a 64gb bloom will find false postivies, the final binary-search lets you know that you a good key for sure.

( How to get going, I would use vanity-search as a basis hack it up and put the bloom-filters inside, and on the GPU, the older OPEN-CL vanity-flayer is even better as that model supports bloom-filters on the GPU; Note that the original brainflayer bloom-filter model was 10M address, and a 512MB bloom-filter, I use 300M addresses and 64GB bloom-filter; Note that shared-memory only support 4gb, so you must cascade the bloom's to reach 64gb; Once you understand and have a system working, then re-write and develop your own. )
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If you say I don't know C/C++, or I can't program a GPU, then you really shouldn't even be playing this game.

If you don't have $10's of 1,000's of dollars for AMD 64thread-ripper cpus, and dozens of 4TB ram-drives, you shouldn't be in this game, your cpus must have 128GB of ram, and of course these days the RTX graphics cards are unavailable for any price

My feeling is the next generation graphics, will find keys in 100 days, as I'm seeing this stuff get faster 10x every 1-2 years, but you need to stay on top of the latest gen

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Baby-step-giant-step is for toy problems, so people can learn about point-counting and simple elliptic-curve arithmetic

If you don't have the equivalent of a masters in math, then you will have a hard time exploring the type #1 hacking above, if you don't have lots of money, and cpu-gpu you'll have a hard time doing #2, and of course you must be able to do C/C++, and program gpus; the off the shelf stuff on GITHUB is 99% worthless; Like they say, if it worked they wouldn't be giving it away for free.

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Some say "how often do you find keys", I would say once in a while 0.001 here, 0.05 there, I just put the private key into an CSV file, and then run checks to see if the money is still there in all cases, 1-2 years its gone, I have no long term keys that still have money

On checking adresses you must host a Bitcoin-NODE, and electrum-wallet server, so you can do your own checking, you can't be contacting the internet; So that's more computers.

I have GPU cards for years, been doing ML for years so I just redeployed stuff to bitcoin hacking, and of course you can mine, which is very profitable these days on ETH

Even little GTX-1060 cards, now 3gb is worthless on ETH, but I can use on algo #2 above and each card does 200M keys/sec ( * 300M); Just giving this so you can see difference,

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I have no doubt that the last of the last public-keys will be hacked, I think most promising is pairing, finding a 'smart attack' prime close to the BTC prime, but of order N==P, then you convert that Elliptic-Curve maps directly to the finite-field; Very difficult to find these magic primes ( but it can be done ), but even here with the last of the last 900 public-keys of high value, we're able to search 900 at once, as well on each cycle, toss in a full 300M bloom-compare, so you can do a twofer 1&2 above.

WRT to targeting specific BTC address, so the ant-pool addresses that hold 10's of 1,000's of BTC, I think this would be impossible; Quantum Computers don't exist they're fictional at this point in time.

Can the NSA crack BTC? Yes I think so, this is where endomorphisms come in there are 1,000's; There is a backdoor to SECP256k1, otherwise NSA wouldn't have made it public.

The problem is how much time can person spend on this stuff, each area is like its own research; If it were easy to hack then you would be solving the ECDLP problem, which is worthy of a fields medal in math, lots of brilliant people work on this stuff, its like the Fermats Last Theorem

...

For you guys that want to do this stuff, I suggest if you don't the resources, just team up, and each do what they can do, don't try to go it alone, and I have attempted here to explain the state of art, and how difficult it right now,

This said, finding good keys every 1,000 days, if you have a mining farm, you could be finding good keys everyday, which is why I think 'inflection' has already passed, that hacking is more profitable than mining.

Lastly, for those that say Hacking BTC is bad, Nietzche said "That which kills bitcoin, makes it stronger", had BITCOIN-org made btc stronger and private years ago none of this would be possible

BITCOIN is designed become worthless in time, just like CBDC in China. Solution, hack the BITCOIN source pull out SHA256, and SECp256k1, an use SHA512, and a 1024 bit elliptic-curve that is un-breakable for the next 20+ years.

This is a super waste of time. The best-of-the-best of anything on GITHUB is jean-luc 'Kangaroo', but even that you must be within the search range of 2^40, but then on that range of a real-space of 2^256, your not even in right galaxy 1/2^216

You get one-at-a-time search hashes in python, what are you doing 100 keys/sec??

You have to program in C/C++, you have to know how to program GPU's;

BTC key-space is 2^256, that is 10^77, that is the number of electrons in the known universe; One at a time you could not even be looking in the right galaxy for your lost electron.

The way its done is to parallel search of all keys at once, all 300M bitcoin addresses, that way on every search cycle your looking all at once in one nano-second is this priv-key, is this hash in the bloom-filter abstracting 300M keys, yes or no. If it is, then you print out that key, and you have found a private-key to a real bitcoin address.

Running on RTX-3070 cards, I'm seeing 2500M keys/sec, but because I'm comparing 300M on each cycle, its really 100B keys/sec, even then with the birthday problem 2^128, I figure the odd's of hitting a high-value address is 1,000 days, I run a mining rack of 4 RTX-3070's, and I'm doing over 10,000M cycles/sec ( times 300M ). WHen I say 1,000 days. Which is once every 3 years.

Just a few years ago with GTX-1070 cards I was doing 200M keys/sec, with 4gb bloom-filters( 100M) bitcoin addresses.

There are only about 10k high-value addresses on bitcoin

There were at one time 1,000's of public-keys with high-value, but post 2013-ish they hashed the public-key, so their no longer available, note "Kangaroo' only works if you have a public-key. Note that the only priv-keys ever found were toy problems where they gave you an priv-key that was close to the 2^40 range

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There are two ways you can hack, crack, or bust Bitcoin.

1.) Is by math, that means you know the public-key, you search for it; The fastest technique on earth to date is pollard-rho/lambda, aka now called kangaroo, but it only works on toy problems, the current is around 2^110

There are other ways to hack a public-key, such as endomorphisms, and pairing;  You can google these subjects; "ECDLP discrete log problem pariring/endomorphisms" read the papers.

I know this stuff is working, because two years ago here were 1,000's of BTC public-keys still with high-value ( pristine ), today there are less than 900, they get hacked about 10 / month; I spend about 1/2 my time on this activity so I'm up on what's being done

2.) The other way is hack is brute force, or just search the entire 2^256 space randomly; Which is what I'm talking about above with GPU test 10,000M priv-keys/sec, and look to see if the hashed address is in the 300M ( 64gb bloom ), if you get a hit, you still need to do a binary-search using 'xxd & sort -u', and binchk ( see original brainflayer for binchk ), that is 100% instant verification, the bloom-filter will always have some false positive, even 300M addresses in a 64gb bloom will find false postivies, the final binary-search lets you know that you a good key for sure.

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If you say I don't know C/C++, or I can't program a GPU, then you really shouldn't even be playing this game.

If you don't have $10's of 1,000's of dollars for AMD 64thread-ripper cpus, and dozens of 4TB ram-drives, you shouldn't be in this game, your cpus must have 128GB of ram, and of course these days the RTX graphics cards are unavailable for any price

My feeling is the next generation graphics, will find keys in 100 days, as I'm seeing this stuff get faster 10x every 1-2 years, but you need to stay on top of the latest gen

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Baby-step-giant-step is for toy problems, so people can learn about point-counting and simple elliptic-curve arithmetic

If you don't have the equivalent of a masters in math, then you will have a hard time exploring the type #1 hacking above, if you don't have lots of money, and cpu-gpu you'll have a hard time doing #2, and of course you must be able to do C/C++, and program gpus; the off the shelf stuff on GITHUB is 99% worthless; Like they say, if it worked they wouldn't be giving it away for free.

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Some say "how often do you find keys", I would say once in a while 0.001 here, 0.05 there, I just put the private key into an CSV file, and then run checks to see if the money is still there in all cases, 1-2 years its gone, I have no long term keys that still have money

On checking adresses you must host a Bitcoin-NODE, and electrum-wallet server, so you can do your own checking, you can't be contacting the internet; So that's more computers.

I have GPU cards for years, been doing ML for years so I just redeployed stuff to bitcoin hacking, and of course you can mine, which is very profitable these days on ETH

Even little GTX-1060 cards, now 3gb is worthless on ETH, but I can use on algo #2 above and each card does 200M keys/sec ( * 300M); Just giving this so you can see difference,

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I have no doubt that the last of the last public-keys will be hacked, I think most promising is pairing, finding a 'smart attack' prime close to the BTC prime, but of order N==P, then you convert that Elliptic-Curve maps directly to the finite-field; Very difficult to find these magic primes ( but it can be done ), but even here with the last of the last 900 public-keys of high value, we're able to search 900 at once, as well on each cycle, toss in a full 300M bloom-compare, so you can do a twofer 1&2 above.

WRT to targeting specific BTC address, so the ant-pool addresses that hold 10's of 1,000's of BTC, I think this would be impossible; Quantum Computers don't exist they're fictional at this point in time.

Can the NSA crack BTC? Yes I think so, this is where endomorphisms come in there are 1,000's; There is a backdoor to SECP256k1, otherwise NSA wouldn't have made it public.

The problem is how much time can person spend on this stuff, each area is like its own research; If it were easy to hack then you would be solving the ECDLP problem, which is worthy of a fields medal in math, lots of brilliant people work on this stuff, its like the Fermats Last Theorem

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For you guys that want to do this stuff, I suggest if you don't the resources, just team up, and each do what they can do, don't try to go it alone, and I have attempted here to explain the state of art, and how difficult it right now,

This said, finding good keys every 1,000 days, if you have a mining farm, you could be finding good keys everyday, which is why I think 'inflection' has already passed, that hacking is more profitable than mining.

Lastly, for those that say Hacking BTC is bad, Nietzche said "That which kills bitcoin, makes it stronger", had BITCOIN-org made btc stronger and private years ago none of this would be possible

BITCOIN is designed become worthless in time, just like CBDC in China. Solution, hack the BITCOIN source pull out SHA256, and SECp256k1, an use SHA512, and a 1024 bit elliptic-curve that is un-breakable for the next 20+ years.

You know historically Opium is called black gold, because by weight its worth more than gold.

When Opium was transferred to buyer by wooden-chest, the seller wanted GOLD, which was universal 'money',

Hell even JP-Morgan ( the bankers banker ) once said "Gold is money, all else is credit"

Heroin is just refined Opium using a very simple process with commonly found house-hold materials.

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Miner's control the blockchain, they decide which transactions go into the blockchain.

Consensus rules is software, so long as 51% of the miners are running the same software, the consensus is fair and nobody can cheat ( double-spend )

Given that +67% of all mining is done in CHINA, and most are running the same BITMAIN hardware that calls home to a company that is now under CCP control.

Even most of the mining pools are in China, under ANT-Bitmain, alibaba, taobao-jack ma control, now CCP

It would a super simple matter for CCP to tell miners to all run a "CCP Approved Mining" software mining app, or even better when the BITMAIN ( or any china hw mining box ) calls home, to just have the approved transactions scraped.

People don't understand is that China is 'community rule' they do all do what GOV says for the good of community, and its a good system ( seen with my own eyes ), for they care about the people, unlike the USA where GOV doesn't give a shit about the public ( think how cops kill at random )

BITCOIN greedy people let it evolve this way, they let China take over mining ,and they let CCP take over BITCOIN; Here on this board of course its been denial for years, but everytime BTC price goes down, people open their eyes and ears for a short time.

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Tangibles say a gun, are an force multiplier they make the weak strong. Intangibles like bitcoin are useless in the real world, unless you find a greater fool. A fool that buys your bullshit that your promoting.

The argument is always my virtual is stronger than your physical, sure that's a strong argument. Study philosophy, people used to murder each other over such abstract reasoning. Like "how many angels can dance on the tip of a needle".

Assets fall out of favor all the time. The reason GOLD is down right now is because its liquid, people need to cover their margin calls. The reason BTC is slow to collapse, is that its extremely hard to exit 'hotel california'.

I like the fact that you talk about 'shiny' as if it meant something, like the shiny bitcoin's we see all the time on websites, to suggest that bitcoin is a tangible like gold?

FIAT is backed by nothing, that is what begat bitcoin in 2009, it was a non-issue, everybody agreed the USD was shit.

If this is econ&finance 101, then your are a bot.

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Since a week ago BTC went down 25%, and has now stabilized at -21%.

COINBASE other than being a front for the IRS, is well diversified in all Crypto, so the reason for their loss is not BTC; They lost 17% post IPO, long before the BTC collapse started Apr17; the COINBASE loss during the BTC rut is much lower than the BTC loss.

For equal compare look at the BTC-ETF's which are all down 25%


Yes, two problems here COINBASE insiders cashed out of the ponzi early, and then the entire crypto space took a 20% hit on average.

The good news is REAL privacy oriented alt-coins ( think Monero family & zSnark ) are up, and un-harmed from the carnage.

There is no logic in buying 'COIN' unless you want to own an anchor at sea. There is no reason to own an ETF-BTC, unless you want to own fake paper, that will always diminish in time value.

The problem with COIN is that they're IRS, which means they're 100% KYC, but what is going down is KYC, and what is going up is non-KYC; So anybody tied to COIN, is going to be on the sinking ship.

Don't believe? Look for yourself, this week BTC is down 10%, and Monero is up 20%, on average all 'real privacy coins' across the cyrpto-alt space were running +25%/day, while BTC was being flushed down the toilet over the last two weeks.

It reached $63k a few days ago, mostly because of the COVID plan-demic.  Easy money, cheap loans, stimmy-checks to all breathing. Many reasons why excess fiat capital flowed to btc, mostly because the financial media was calling btc the 'new cash', with banks paying 0.01% interest, post summer 2000, $1T (trillion USD) was moved to BTC, and sure it rose 600%, and now its down 25% a loss of $350B in a week.

Yes, I agree exactly. Nobody can afford to kill  BTC, now that $1T that came in was mostly loans ( think Musk ), or OPM, the recent loss of $350B will send shock-waves through the financial USA system, so the FED will have no choice but to 'bail out' BTC, because its now too big to fail.

The problem with this is then BTC becomes just branch of US-FIAT Murder, Inc., exactly what "Satoshi" was against  in the first place, so now BTC is an enabler of the Fiat-to-Infinity USA Ponzi that is robbing the world of tangibles, but only leaving toilet-paper as collateral.

This is the death of Bitcoin. The fact that BITCOIN will now be TBTF, and bailed out by FED, means that BIS-FED must take over complete control of BTC, 100% KYC.

Now you see this as a good thing, that so long as the price is stable, or up - you get richer, that's all the majority care about; Biden can & will send the majority of you off to a new war to kill for bitcoin. You will buy into the new paradigm, cuz it makes you rich.

The fact that BITCOIN is no longer enabling freedom, the fact BITCOIN is now just another Wall-Street Shell-Game is what I mean that Bitcoin is Dead, as we knew it.

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The $1T that came into BITCOIN from Summer 2020 $10k to Spring 2021 $63k, that money didn't come from johhny-HODLR, and to suggest such is 100% bullshit.

The money came in from institutional investors, in search of a place to 'park' their cash, lieu of the bank or money-market. Given institutional investors could only get 0.01% for a bank deposit, and most conservative people were in 'cash' and out of the stock market, ton's of 'cash' got parked in BITCOIN

It was good while it lasted, now as of yesterday ASIAN time, the west has lost 25% of  their cash, that was invested in this ponzi. Head's will roll come monday at Wall-Street, people will suicide, the FED will step to and buy BTC-ETF's, anything that can get humpty-dumpty back up on the wall.

The important thing to realize is that if the FED doesn't step in and spend $500B to bring BTC back up to $65K and keep it there, then it will free-fall back to $10k and the US-Economy will be in a state of shock, as the losses will exceed the Bernie Madoff scandal, or LTCM


Talking of Johnny Hodl'er, he owns on average 0.05BTC, he's about as important to BTC as a flea on a beach.

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