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3301  Bitcoin / Hardware / Re: What's stopping companies making an actual space heater bitcoin miner for home? on: May 31, 2022, 04:17:34 AM
Having modded tons of different loud miners into quiet miners that will heat a home no one will buy an expensive space heater miner when they can mod a miner.

Also pcs with two gpus can be quiet. they mine btc indirectly.

Yeah, absolutely right. Most experienced miners would be able to do this by tinkering with the devices themselves. There's no market for it really.

And having a custom built PC for heating/mining could be a great idea as you can also use it when not mining for many other purposes.

For example this enclosure for a PC would be actually perfect, and very similar to the space heater I had in mind:



3302  Bitcoin / Bitcoin Discussion / Strike and HRF posted three challenges with 1 BTC reward each on: May 31, 2022, 12:59:15 AM
Strike and the Human Rights Foundation specified three challenges to improve lightning wallets' usability and experience. Any individual or team that solves each one them gets one Bitcoin as a reward.

Here are the challenges:

Challenge 1: Tip Jar

1 BTC to a FOSS non-custodial wallet that integrates BOLT 12 functionality to their wallet so that any user can simply generate a QR code from their wallet that can be shared with the world as a receive address or Lightning tip jar. The QR can be pinned to a Twitter profile, printed out and displayed in a store, for example. Senders scanning the QR should be able to pay X amount and that amount should arrive in the user’s non-custodial wallet. The QR code should not reveal the public key or IP address of the user.

Challenge 2: Stabilized Lightning

1 BTC to a FOSS non-custodial wallet that enables their users to “peg” their Lightning balance to the US dollar. We have no requirement for exactly how to do this, but suspect it will have something to do with contracts for difference. We realize this is an ambitious goal, and that submissions may be prototypes. We will leave it up to the board of judges to determine what will qualify as success. Bonus points if the mechanism that the user interacts with to “peg” their Bitcoin to USD is a slick slider.

Challenge 3: E-Cash

1 BTC to a FOSS non-custodial wallet that gives their users the option to enter into a (likely) custodial arrangement where Bitcoin can be sent to other users of that wallet using Chaumian e-cash. The arrangement should be such that the wallet administrators cannot know the identity of their users, their balances, or transaction histories. One suspects this would be a federated system, but all submissions will be considered.

This seems like a very interesting opportunity for the talented people here in this forum.
3303  Economy / Collectibles / A new NFC card, the Swiss Key Card on: May 31, 2022, 12:32:09 AM
I just found something that might be of interest to some people here.

It's a new NFC card with some kind of microchip inside that holds a private key and a public key in the card itself.

Quote
The embedded chip creates and holds a unique and uncopyable private key within the card itself, making it one of the most secure ways to store crypto.

It's the Swiss Key Card: https://swisskey.io/products/btc-swiss-key-card



In theory they say that you have to use it with their (unpublished yet) app, but I reckon it could be usable as a generic NFC card for lightning payments with LNURL-withdraw for example.
3304  Bitcoin / Bitcoin Discussion / Re: what countries have the best / most privacy fiendly bitcoin laws? on: May 31, 2022, 12:17:00 AM
I would say Switzerland is one of the most privacy friendly countries out there.

You can buy Bitcoin in Switzerland at any train station, and also at many shops around the country.

Usually the maximum you can buy at a time is CHF 500.

Here's more information about it: https://www.sbb.ch/en/station-services/at-the-station/services-from-the-ticket-machine/bitcoin.html
3305  Bitcoin / Bitcoin Discussion / Re: Do you own 1 Bitcoin? (2022 edition) on: May 31, 2022, 12:09:43 AM
Doesn't have that kind of investment in my wallet. Someday i will have my own 1 BITCOIN. Bitcoin price is too expensive for now. As an ordinary worker will not have it unless i learn more about some business thing and trading as too.

One hundred million sats is quite a lot of money these days.

I think a reasonable goal for a lot of people in 2022 is to get to their first million of sats, and go from there.
3306  Bitcoin / Hardware / Silently cooling the Compac F miner, looking for the best fan configuration on: May 31, 2022, 12:01:46 AM
The Compac F comes with no fans, and you must provide some kind of cooling to prevent its melting.

So I first just connected this USB powered fan:



I pointed it into the heatsink of the miner. This seems to do the trick, the miner works fine over a long period of time, no melting, and the fan is not crazy loud. Normally that would be the end of the story, and most people are happy with that setup.

But, when things get quiet, the fan is noticeably loud in an annoying way as it's right next to me, and I would like to change that.

So I started to look around to see how I could cool them down with minimum noise.

I first saw these small fans that can be attached directly to the miner:


But the fan is rather loud, so that's a no go for me.

I already have some big fans that move a lot of air very quietly, like the Noctua NF-A12x25 PWM:



You can manually set the speed for these fans with a controller, like this one(Noctua NA-FC1):



That way, I can lower their speed and they are basically silent, yet still move a lot of air. That's ideal for this, so I would want to use them.

What would be the best configuration to mount these fans to cool down the Compac F in the best way?

I usually see setups like this (I could mount the big fan on the USB hub and it would be moving air horizontally):



But looking around I've found this alternative setup:



It might work great with a single 120mm fan:



Would it be better to put the big fan on top like the previous photo(moving air towards the ceiling), or horizontally on the USB hub moving air either away or towards the miner?.

Also, is there any optimal distance between the fan and the miner?
3307  Economy / Gambling discussion / Re: 2022 FIFA World Cup in Qatar - UEFA Qualifiers on: May 30, 2022, 11:06:11 PM
~snip~
I'm also confident that Ukraine will qualify for the world cup.
As much as war mentally shakes players' heads, it also gives the strength to show the world what they are capable of.
I don't want to belittle the Scotland team, but I believe in Ukraine's classification with their victory over Wales in the sequence.

I'm personally not sure Ukraine players will be properly trained for the match. I mean, they haven't played any games at a competitive level for months now, so I'm sure they're not at 100%, plus their minds will probably be somewhere else.

On the other hand, you can see that most people around the world are supporting Ukraine, so it will be a weird atmosphere for Scotland, who is playing local. Usually the crowd would have cheered for Scotland but now I'm sure a lot of the stadium will be supporting Ukraine.

My guess is that it will be a bittersweet victory for Scotland, with the crowd hoping for a Ukrainian win.
3308  Bitcoin / Bitcoin Discussion / Re: How often do you transact in the real world with your bitcoin or digital money? on: May 30, 2022, 06:53:14 AM
I'm now waiting for my Bolt Card which should in theory allow me to do the same, paying with lightning by tapping with the card, and it would connect directly to my lightning node, and pay for the requested amount of Bitcoin.
According to some articles[1] on their website, they require KYC for your account to be setup before you can use the Boltcard for direct bitcoin payments via lightning network, which I believe contradicts bitcoin's initial use case. Or is it likely that I'm overthinking this?

[1] https://support.coincorner.com/hc/en-us/articles/360001559953-Verifying-my-account

As for the topic, I wouldn't call myself using bitcoin for payments as I need to constantly convert bitcoin into our local currency either by using Peer-to-Peer(P2P) with some of my crypto acquaintances.

In fact, I have yet to see a local establishment that states "bitcoin payment is accepted," which I believe is understandable considering how unpredictable Bitcoin's price is and how technicalities are prone to human error are required.

If you want to use the bolt card with CoinCorner, yes, of course you need KYC. But the card itself is simply an NFC card. You basically just write a LNURL-withdraw link into it, that's it.

You can setup the bolt card, or any NFC card, to work with your lightning node directly, as I mentioned in my previous post.

So, basically, if you want to use the exchange, you need KYC, but the card doesn't need to be used with the exchange.
3309  Bitcoin / Bitcoin Discussion / Re: Bitcoin Halving on: May 30, 2022, 03:57:56 AM
My understanding is that the rules on Bitcoin is cast in stone. The arithmetic which was translated into codes is beyond alteration. So I guess that is not mathematically possible.

However, the mathematical formula on Bitcoin halving indicates 210,000 blocks, and not 4 years, before the reward is divided into two. That is hard-coded. That's not gonna change. And since Bitcoin moves in blocks and not days and years, there's no definite time when the halving occurs.

There are theoretical scenarios in which a halving would take longer than 4 years though.

For example, the current difficulty is very high, and it gets adjusted every 2016 blocks. So, imagine that something huge happens and somehow all ASICs on earth are no longer working for whatever reason. If you only have more primitive miners, and a small amount of them, you still need to mine those 2016 blocks or whatever was left to actually re-calibrate the difficulty.

If that change in difficulty is massive, then it would take much longer than roughly 2 weeks to get to the difficulty re-calibration, potentially years. An event like that would delay the halving, so it would happen later than the expected 4 years.

Note that this is pretty much never going to happen, but it's technically possible.
3310  Bitcoin / Mining support / Re: bitcoin miner on: May 30, 2022, 03:27:35 AM
Guys, please, whoever has a Bitcoin mining device, can he explain the percentage of profit and some information that can help us and how much it costs, for example, and how much electricity it takes

It can vary a lot, from losing a lot of money, to earning some. Also it depends on many factors, like, what are you planning to do with the mined bitcoins, how much is your electricity, specific tax rebates you can get in your country, etc.

You need to see the specifications of the device. Check out how much power it uses (Watts) and what's the hashing rate (TH/s). Then check how much your electricity costs to run that device, and you'll see exactly how much it will cost you to power it and you can get an online calculator to estimate how much bitcoin you'll get for that hashing rate.

There are so many factors that it's really impossible to answer your question.

I can guarantee one thing though, it will be hot and loud.
3311  Bitcoin / Mining speculation / Re: Blocks found by hardware - solo.ckpool on: May 30, 2022, 03:15:51 AM
It's well known now that a block was found recently by a member of this forum in solo.ckpool with a Compac F:



Of course the chances of getting a block get better the faster you hash, but it can be anyone really, even a tiny USB miner.

I like the concept of solo mining, it's more than just the money.
3312  Bitcoin / Bitcoin Discussion / Re: How often do you transact in the real world with your bitcoin or digital money? on: May 30, 2022, 02:59:35 AM
My every day transactions are done exclusively through credit card tapping. In extremely rare circumstances I would use cash.

I'm now waiting for my Bolt Card which should in theory allow me to do the same, paying with lightning by tapping with the card, and it would connect directly to my lightning node, and pay for the requested amount of Bitcoin.

Note that even though this card is advertized to be used with CoinCorner, you can set it up to work directly with your lightning node.

Of course most shops are still living with legacy merchant checkouts, but covid has accelerated a bit the usage of cashless checkouts, so I hope more stores start using BTCPayServer and similar checkouts, which works with the NFC card
3313  Bitcoin / Bitcoin Discussion / Re: Bitcoin Halving on: May 30, 2022, 02:04:45 AM
Has the next bitcoin halving have to be close to 4 yrs or it could skip 4 yr cycle to any other number. Is that mathematically possible  ?

Bitcoin tracks time in a different way than what we're used to. Instead of seconds, or years, etc, Bitcoin uses blocks. Time started in Genesis, when the first block was mined by Satoshi Nakamoto. Then, miners all around the world started trying to find the next block. Once one block is found, time increases in one unit. This is block-time.

You can see different events expressed in block-time here: https://timeinblocks.com

Each halving event is expressed in block-time, so every 210,000 blocks the new reward era starts, with half the rewards from the previous era.

Also worth noting, every 2016 blocks the difficulty is re-calibrated so that, on average, new blocks are found roughly every 10 minutes.

If you're interesting in reading more about Bitcoin and time, I recommend you to read this: Bitcoin is time: https://dergigi.com/2021/01/14/bitcoin-is-time
3314  Bitcoin / Hardware / What's stopping companies making an actual space heater bitcoin miner for home? on: May 30, 2022, 01:05:01 AM
Every time I read something about a bitcoin miner being a space heater it ends up being either a joke, or a vaporware.

Is there anything fundamentally wrong for making this?, I would be happy to buy one that looked good and wasn't very noisy.

For example, have a look at this great little space heater:



It looks good, produces nice heat, and it's not crazy loud or annoying at all. It has 2 modes, low(750W) and high(1500W). It's a great little machine.

Now, for home miners, look at something like the Apollo BTC:



It also looks good, produces nice heat, and it's not crazy loud or annoying at all. It has 3 modes, ranging from around 100W to 300W or so generating about 2-3TH/s. It's a great little machine.

Why hasn't anyone made a great looking space heater with something like that?

You could make basically something like the Vornado, but internally instead of just having a simple heating element, you would have something like 10 times what the Apollo has. There's enough room to do that.

It would run nice and quiet, produce enough heat, look great, consume about 1000W-2000W or so(configurable) and generate around 20TH/s. It would be a great little space heating machine that gives you a few sats while running it.

My only guess is that it would be too expensive, but I'm not sure about that really...
3315  Economy / Gambling discussion / Re: 2022 FIFA World Cup in Qatar - UEFA Qualifiers on: May 29, 2022, 01:59:08 PM
~snip~
I do agree that Scotland is a better team, but under these circumstances I feel that Ukraine player’s may play much better then they usually would, and therefore there’s a big possibility of them winning against Scotland. However if they fail to perform well then they can’t really be blamed, because these are extraordinary conditions and they may mentally be not prepared for this match, and thus I hope that their fans will support them irrespective of the result.

I reckon they are pretty much very similar in terms of skills, and the game can really go either way. It will be a very close match in my mind. Scotland does have the local advantage so that's something that might give them the edge. We'll have to see how Ukrainian players perform in the field, because it can go either way, they can be motivated to go and win at all costs, or they might have their minds in other, more important things.

It will nevertheless be an interesting game to watch.
3316  Economy / Service Discussion / Re: free crypto with learn and earn on: May 29, 2022, 01:54:58 PM
I don't understand why you people think that you can merely gain crypto without doing anything. Even miners are doing hard work to get their coins.

It is probably remnants from the old days when some early adopters shared bitcoin for free to spread the word. It started with faucets and eventually evolved into various learn-to-earn crypto programs.



As I see it, the only thing you can do to get more crypto is to work for it. The reason the coin is worth anything is because of the work that was put into it.
Cryptocurrency works just like real-world fiat currency. You work for it, you buy it with your labor, you trade it for other goods and services, and so forth. You can only get more of it by earning more of it.


Well, free stuff like faucets has always been things with low value in the real world.

For example, when Bitcoin faucets were a thing, you couldn't really do much with Bitcoin in terms of buying things. Laszlo had to wait a few days to get his pizzas for 10k BTC... so giving away Bitcoin made sense.

It's the same these days. There are a few things that will give you a few sats for free. Which right now is almost nothing, just cents, but it allows you to play around with the lightning network for example.
3317  Bitcoin / Mining software (miners) / Re: Problem of using bfgminer with pool.btc.com on: May 29, 2022, 07:42:10 AM
Hi, I follow this tutorial for BTC mining https://www.youtube.com/watch?v=qZ2hGWpEx0o

I can see "Stratum from pool 0 detected new block" at the output but I don't see there is any credit on my dashboard at https://pool.btc.com/, how can I find out more information for debugging?

OK, I just watched the video you posted. You're wasting your time and electricity.

The video explains how to connect to a pool using the GPU from the Mac M1 to mine Bitcoin with a custom build of bfgminer for mac. This is useless in 2022 where pretty much all the mining in Bitcoin is done with ASICs.

Here's a screenshot of the video that shows the hashrate you get, which is about 100MH/s:



To put this into context, look at one of those tiny USB miner, the Compac F:



These tiny miners give you about 300GH/s. That's three thousand times higher hash rate than what you get from the M1.

You won't get any payouts in any pool using a Mac. You simply cannot mine Bitcoin without an ASIC in 2022.
3318  Other / Beginners & Help / Re: Mining Bots on: May 29, 2022, 04:32:35 AM
I have been trying to find a simple mining pool to join, that is FREE.  I have been through a site that I log in daily and click  a button to start mining every 10 mins.  Are there any others that you know out there??!!?

If you're looking for a Bitcoin mining pool with no fees, then the only one that I know of is SBI Crypto Pool, as you can see in this comparison

They seem to be a rather new pool and based on their website they're running a campaign now with no fees to bring more miners to their pool:

New Pool Campaign: 0% Pool Fees!

Now, if you mean some kind of free website that lets you mine for free with no required miner from you, then that's most probably a scam.
3319  Economy / Service Discussion / Re: free crypto with learn and earn on: May 29, 2022, 04:22:26 AM
Hi which platforms offer free cryptocurrencies for just completing short questionnaires like the earn and learn program offered by coinbase?

Binance I think it also offers it, but with binance you earn for sure the cryptocurrencies or you just enter a draw for answering the questions correctly?

And in the other platforms? can you win cryptocurrencies? or just answering correctly gives you the option to enter a draw?



If you download the Carrot App you will be able to get 5 sats for every article of the bitcoin magazine you read from their app: https://bitcoinmagazine.com/technical/sats-earning-platform-carrot-wants-to-reward-the-world-in-bitcoin

That's a great way to keep up with what's going on in the Bitcoin world, and also get a few sats for doing so.

There are also different tasks that you can complete from different companies, and once you complete them they give you a code that you can redeem in the Carrot App.

You can then redeem the sats you have in that wallet to your own wallet with lightning once you reach 500 sats.
3320  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- 2021/22 Final! on: May 29, 2022, 04:14:43 AM
I hope and I believe Liverpool will win over Real Madrid in the Final. It turned out that the results of the match at the Stade de France, Real Madrid added to the collection of the UEFA Champions League title.
Congratulations Real Madrid on the 2021/2022 UEFA Champions League title.

For me, Thibaut Courtois deserves the status as the best player in this match. Thibaut Courtois made nine saves in the 90 minutes of the final which left Mohamed Salah looking like he was frustrated trying to score.

Courtois indeed played an amazing game. It was a really fun one to watch, in the beginning I thought maybe Liverpool was going to score, but Courtois kept the net safe for the entire game. And then Real started to attack a bit more, and to be honest I think they deserved the goal that was called out as offside as it was kicked by a Liverpool player...

Congratulations to their 14th Champions League. That's an incredible record, and just like Bitcoin, there is no second best here Smiley
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