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321  Bitcoin / Bitcoin Technical Support / Re: Mining hash rate distribution on: January 20, 2024, 03:46:45 PM
...

I'm not sure, but it looks to me like a self mining attack that allows the network to be attacked with only 1/3 of the hash power.
How is this an attack to the network?

I was referring to the fact that a mining pool like foundry is close to 33% or 1/3 of the total hash rate, which allows a selfish mining attack. Majority is not Enough: Bitcoin Mining is Vulnerable https://arxiv.org/abs/1311.0243.

Thanks for the explanation.

Keep in mind foundry is mostly for institutional investors. Who are not stupid, if it looks like foundry is going to do something that may hurt the price of BTC they are going to leave and go elsewhere. Or sue them for violating fiduciary trust. Or both. Due to the nature of investing in mining it's a long term ROI having your pool tank the value of BTC is going to make you react.

-Dave
322  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about filecoin? on: January 20, 2024, 03:28:07 PM
Usually stay out of the altcoin world but since the op was @_act_ figure it's worth a comment.
As others have mentioned there are a few other coins that do things similar to filecoin.
Non of them are doing that well and in the end many will probably not make it.

Drives are getting cheap. Bulk storage is cheap. BUT if you are hosting a node and loose a drive even at cheap prices buying a drive is, using back of the napkin numbers about a 41 month payback. Figuring a 10TB drive is about $200 and you are making about $5 a month with it. That is a tough sell.
On a personal basis I can get a smaller cheaper drive for my own use.

For people who want the distributed private secure cloud storage it becoming a tougher sell since places that are not secure and distributed and private are becoming dirt cheap.
For $100 a year (or less) you can get Microsoft 365 Family which gets you 6 copies of office for people to use and 6 TB of storage.

That is what coins like this are up against. No it's not private or anything else. But it's cheap.

-Dave
323  Bitcoin / Wallet software / Re: alternative to coinomi (android) on: January 19, 2024, 09:24:27 PM
ETH is now back working. Still no communication from the Coinomi devs.
If you have not bothered to get your ETH (and tokens out) now would be a good time to to it.

Might work for years, might not make it through the weekend.

-Dave
324  Bitcoin / Hardware wallets / Re: Keystone 3 HW coming soon! on: January 19, 2024, 04:11:45 PM
...Keystone added seed phrase generation to the wallet using dice....

That was the last firmware update.
They have a new one that just came out today

https://keyst.one/firmware <-- Don't trust links verify for yourself.

Fixed / tweaked a few other things too.

-Dave
325  Economy / Reputation / Re: An awoken problem on: January 18, 2024, 03:02:09 PM
You would *think* that now this has happened again that at the end of every payment period a check to see if there is enough on average to cover the next payment +/- a bit of BTC would be an obvious step.
Even if you are off people would still get paid most of what they were owed.

I can also see it being a PITA to deal with on the managers part and then getting lazy and messing it up and making it worse so there is that too.

-Dave
326  Bitcoin / Development & Technical Discussion / Re: decrypting wallet file (Bounty) on: January 17, 2024, 06:07:27 PM
And whatever you do, MAKE A BACKUP BEFORE WORKING ON IT.
Too many times people have made small issues larger ones when it all could have been avoided by having a 2nd or 3rd copy of the wallet and working with that.

-Dave
327  Economy / Reputation / Re: Farewell on: January 17, 2024, 03:44:49 PM
Dylan Thomas:

Quote
Do not go gentle into that good night,
Old age should burn and rave at close of day;
Rage, rage against the dying of the light.

Though wise men at their end know dark is right,
Because their words had forked no lightning they
Do not go gentle into that good night.

Good men, the last wave by, crying how bright
Their frail deeds might have danced in a green bay,
Rage, rage against the dying of the light.

Wild men who caught and sang the sun in flight,
And learn, too late, they grieved it on its way,
Do not go gentle into that good night.

Grave men, near death, who see with blinding sight
Blind eyes could blaze like meteors and be gay,
Rage, rage against the dying of the light.

And you, my father, there on the sad height,
Curse, bless, me now with your fierce tears, I pray.
Do not go gentle into that good night.
Rage, rage against the dying of the light.

328  Economy / Economics / Re: Energy crisis? What energy crisis? Oil dips to 3 months low despite OPEC cuts! on: January 17, 2024, 12:49:47 PM
And in the next few years it looks like LNG is going to get even cheaper then it is now. And the prices now are at 2021 levels.

https://www.ft.com/content/86a30758-229d-46d6-97cc-85ae62a6c6d7

Energy prices are down except in certain regions that have their own supply / delivery issues but that has nothing to do with the big picture.

Gas / oil / CNG / all of it is back at what can be considered 'normal' pricing.

-Dave
329  Other / Off-topic / Re: btc-rpc-explorer on: January 15, 2024, 02:13:38 PM
Any reason you don't want to host it yourself?
The testnet blockchain is not that big, so it's not like you need the 1TB of storage and large amounts of bandwidth / CPU / RAM etc to host the mainnet explorer?

Any old PC should be able to do it.

-Dave
330  Economy / Reputation / Re: What privileges does LoyceV have? on: January 14, 2024, 02:31:25 PM
Those are peanutswar IP addresses, Loyce gave him the link which he clicked to see his own IPs, if you click on this link  https://bitcointalk.org/myips.php you will also see your IPs.
Okay. Got it

But I have a next question about LoyceV

User Loycev has many more privileges and rights than a regular user. However, Loysev is not an even a global moderator. This is a potential threat to the security of the forum
I see that you keep writing things that you know nothing (or very little) about
Then tell us everything we don’t know about him, then we won’t ask such questions

Provide a full list of extra priveleges and rights of LoyceV. His capabilities on the forum clearly exceed those of the average user.

The honest public should know everything

Why? What does it matter?
Unless they come forward and tell us what they did, we still don't know what mods / staff are doing in the background and who has access to what and who did what in general.

-Dave
331  Economy / Goods / Re: ~ Buying a TESLA CYBERTRUCK with BITCOIN ~ on: January 13, 2024, 10:33:22 PM
...Obviously it's the most incredible vehicle ever produced for civilian use....

That title still goes to the Toyota HiLUX

https://www.youtube.com/watch?v=xnWKz7Cthkk
https://www.youtube.com/watch?v=xTPnIpjodA8
https://www.youtube.com/watch?v=kFnVZXQD5_k

But there were a few CT around Vegas for CES. There were a couple you could drive and there were not a lot of takers from what I could see.

Not my thing, shrug, I have been driving and Ioniq5 for 6 months and think it's too big. More of a midsize sedan guy for a daily driver so I can't comment on the CT (and other large vehicle) appeal to others.

HOWEVER.....
There were a lot of EV charger manufacturers that had booths setup showing off their stuff. Some cool things coming on that horizon if it's not vaporware.
Once place had a hydrogen powered DCFC doing 350KW / 800V so you could have 100% off grid charging. Lets see if they get it into production.
The other interesting thing was micro DCFC stations. Low power put still more efficient then doing AC -> DC with the car. 3% loss vs 10%. The math was wonky on them however, would have to get the cost down to make it worth it.

-Dave

332  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Core finds no addresses to connect on: January 13, 2024, 02:23:35 PM
In addition to the PC itself did anything upsteam i.e. your internet connection / firewall there.
Have you rebooted that equipment.

Probably as o_e_l_e_o said something TOR related, but you never know if something past the PC itself could be causing issues.

-Dave
333  Economy / Economics / Re: Energy crisis? What energy crisis? Oil dips to 3 months low despite OPEC cuts! on: January 13, 2024, 02:04:56 PM
Can't speak to the rest of the world since I am to lazy to look, but gas here in the US is more or less at it's lowest prices in 3 years and 'big oil' is still having record prices so if really came to it prices could go lower but almighty profits would take a hit.

With US oil production and a few other non OPEC countries also at or close to all time highs it's interesting to watch people still predict doom and high prices.

Natural gas is the same, production is up and storage in most western countries is way up. And prices are down.

But, good news / boring things like that don't sell clicks on news sites.

-Dave
334  Bitcoin / Wallet software / Re: Funds vanished from Coinomi wallet on: January 12, 2024, 07:24:51 PM
FYI: https://bitcointalk.org/index.php?topic=5466245.0
More and more coins are going offline so although your funds should still be sitting in your addresses you should probably start moving your funds out just in case.
Do you really want to be sitting there having to deal with a bunch of different coins all at once when everything on the back end stops working.

Move what still works while you can, and then deal with exporting & importing the rest. Before you have to deal with doing them all at once.

-Dave
335  Economy / Exchanges / Re: SouthXchange closing you have less then 30 days to get your funds out. on: January 11, 2024, 02:33:35 PM
...I saw some pictures of people waiting in a long queue to get fuel, but I did not know that the economic situation was badly.

A bit OT but I don't think it's *that bad* but it is uncertain if I know (or believe) the economy is going to poorly I can plan for it. If I know (or believe) the economy is going to be great I can plan for that.
Everyone having no idea what is going to happen to the economy just makes it difficult to run any kind of business that would need you to plan for something.

-Dave
336  Economy / Exchanges / Re: SouthXchange closing you have less then 30 days to get your funds out. on: January 10, 2024, 11:40:31 PM
They're based out of S. Korea, right?...

No, Argentina.
https://bitcointalk.org/index.php?topic=962344.0
And
https://www.cryptowisser.com/exchange/southxchange/

Which was why I was thinking it was a combination of low volume and the current financial and political issues going on in the country just made it not worth staying open.

https://www.reuters.com/world/americas/argentina-monthly-inflation-seen-highest-since-1990-december-2024-01-09/
https://www.reuters.com/business/argentina-seeks-block-asset-seizure-help-satisfy-161-billion-judgment-2024-01-08/

And so on. As I said there are a lot of businesses going over the border to Brazil or Bolivia

The new president / government seems to be crypto friendly but with everything else happening there it might not matter.

-Dave
337  Economy / Reputation / Re: jvannameIsFraud is a harasser. on: January 10, 2024, 01:32:37 PM
It's not a big deal anyone can be a Ph.D.

While getting breakfast this morning I went out and got one:



Everyone here who is dealing with the OP should go out and get their own Ph.D. so we can talk to him on his own level.

https://thunderwoodcollege.com/degrees.php

Or something.

-Dave
338  Bitcoin / Bitcoin Technical Support / Re: Am I being scammed again? on: January 08, 2024, 06:22:26 PM
100% a scam. Do not send them any money. If you did, it's gone.

Unless the people that took your money are caught by law enforcement and dragged into court and fond guilty and forced to pay people back once sent your funds are gone.

-Dave
339  Bitcoin / Hardware / Re: Avalon Nano 3 [unofficial thread] on: January 08, 2024, 05:33:59 PM
The old antrouter and the heatbits were locked to certain pools. But hacking around that is (was) somewhat trivial.
It depends how much time & effort they put into locking it down and how much of a controller they have onboard.
If they took the cheapest - slowest - most basic SBC they could find to run it, then a fixed firmware setup that does not even have a GUI might be what you get.
OTOH, if they are using something that runs the full setup that they have on their regular miners then it's a different story.

Will have to wait and see.

-Dave
340  Bitcoin / Bitcoin Technical Support / Re: Mempool.space's node issues on: January 08, 2024, 05:30:50 PM
Considering the crazy usage their entire page / domain has to get with so many people hitting the page over and over and the fact that it's a free service with no ads it's kind of impressive how well it does hold up.
But, over the years it has 'burped' before usually it's back in a few minutes.

Would be interesting to know their usage stats and what they do have on the back end running everything.

-Dave
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