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3441  Bitcoin / Bitcoin Discussion / Re: Craig Wright recognised by US Govt as Satoshi, author of white paper on: May 21, 2019, 11:41:45 PM
implications for Bitcoin?

Hmmph, faketoshi is faketoshi. His little altcoin is going nowhere even after pulling this stunt, no one believes this fraud. So whats next, sending C&D letters to anyone daring to reproduce the white paper? Let him try, see where he gets when angering the Net...

This proves once again that copyright law in the US is a joke, but then that is the country with the eternal Mickey Mouse © where even silence got a ©.
3442  Bitcoin / Pools / Re: [30-400PH] KanoPool kano.is 0.9%fee 3.9of10BTC giveaway 🐈 US,NL,JP,NYA,OR,SG on: May 21, 2019, 06:17:45 PM
woohoo! block by Biffa! and I am still ramping down so at 31 TH/s so will get a small payout Smiley That's two in a row @Biffa

Way to go Biffa! This is our 1st of BLOCK TUESDAY! Cheesy

Nice fat one at 13.3 Cheesy

Yes the fees have been up lately after bitcoin rose to about 8k...


(Love is blue = 1 sat/B Smiley)
3443  Bitcoin / Mining support / Re: Custom Mining Proxy ? on: May 21, 2019, 05:54:00 PM
I don't bother with any of them, maybe the dns cache, maybe. Dhcp? LOL, the only good asic miner is one configured manually. Ntp i wouldn't even bother with either, and its common for that port to be closed in most LANs (and even ISPs) anyway. No, the major traffic is getting work and sending work from/to the pools, that is the whole point, the rest is meh. You could even use the pool ip instead of pool names fwiw, but you risk the small chance of the pool operator switching IPs (which does happen from time to time). Again, a dns cache would be more than sufficient. Just how much traffic do you think resolving all of three possible pool names would ever take anyway? Maybe a few more if you are into pool hopping (which no one should but whatever).

DNS is no issue, but set up a dns cache if you are so worried, you could even get fancy with dnscrypt-proxy, so that even your queries get some extra level of privacy (and it caches too).

Dhcp should not be used, you would be introducing an unnecessary point of failure.

Ntp is meh, never seen a pool mind the miner clock.
3444  Bitcoin / Mining support / Re: Custom Mining Proxy ? on: May 21, 2019, 03:16:42 PM
Why don't you just set up an internal DNS server? Or, maybe you could buy a domain and define a different subdomain for each pool.

You could do that with your own dns server (even a simple caching server would do), no need to purchase anything. But i don't think DNS traffic is the issue here, but the actual mining traffic.

With a mining proxy you could point all your asics to it, and the pool could see it as a single unit. And since you are pointing all your asics to the proxy, you only need to set the pool configuration in the proxy.

Too bad i can't find a list of recommended mining proxies, particularly free open source.
3445  Bitcoin / Bitcoin Discussion / Re: CBS '60 Minutes' 5/19/19 on Bitcoin. Will it cause FOMO or FUD? (Take the Poll!) on: May 20, 2019, 04:26:10 PM
Well, CBS on '60 Minutes' Tonite will have a segment on Bitcoin.
What do you think? Either before you watched or after you watched or just guessing. Take the Poll.
Will the result of this cause FOMO? (Balanced reporting IMHO on Bitcoin?)

or

Will it cause FUD? (Unbalanced reporting IMHO on Bitcoin?)
Take the Poll on here.
Chump or Champ, we are always the 'first' to know! Ack!

Here is the actual source:

Bitcoin's wild ride
Anderson Cooper reports on how bitcoin was started, where it may go and some of the people who have ridden the cryptocurrency roller coaster over the last 10 years


Watch it, its good. No wonder the price is rebounding up...



Laszlo (Pizza man) achieving world fame (again) by getting interviewed in CBS 60 minutes world famous show.

This was good coverage, it think it was quite accurate. Worth watching and sharing for those that still don't get it. Genesis mining got a little free advertising, but thankfully no one mentioned their core business (cloud mining).

Oh and my country got mentioned too, because, reasons...
3446  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not money on: May 20, 2019, 03:32:40 PM
Bitcoin is not money.

It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)

Semantics... We are using "real" money to purchase chains of numbers. Its Math! (Or is Art Math? Math is Art?)
3447  Bitcoin / Bitcoin Discussion / Re: What can we buy with one BTC? And is buying something with BTC worth it? on: May 20, 2019, 03:30:56 PM
I actually bought my last GPU last year (a GTX1060) with bitcoin. The platform we use doesn't even support bitcoin, but at the last moment i asked the seller if he would accept bitcoin and luckily he did. A regular bank wire transfer would take a couple of days for the seller to check and send you a message telling you that it was ok to pick up the item (or ship it), but thanks to that bitcoin transaction (which lasted a mere hour) i could pickup the item that very same day, which was actually my first time i completed a transaction on that site THAT quickly...

Of course that platform still doesn't support bitcoin, its supposed to use the country's fiat. But with our garbage fiat, everyone is simply hiding the "true" price in the comments or description, usually its in USD.

If only more people used OpenBazaar or such...
3448  Bitcoin / Hardware / Re: Whatsminer M20 is announced and available for pre-order on: May 20, 2019, 03:18:57 PM
And here are some pretty pics:

https://qiniu.microbt.com/uploading/13_dbe4abf9993eb524836302a7a537bc49.jpg
https://qiniu.microbt.com/uploading/13_0271d3bf5d23ddb6ffdcb02597dd737c.jpg
https://qiniu.microbt.com/uploading/13_dcb9e657ef1b7e715df21f6ca61ce570.jpg
https://qiniu.microbt.com/uploading/13_a6a5d659c5adc150875fc37a45c60a3b.jpg

At least now i know what the things are supposed to look like. The M21 is suspiciously looking like the M3, but that efficiency looks like the M10. i wonder why... 16nm chips? The M20 seems to match the 12nm efficiency rate.
3449  Other / Politics & Society / Re: NSA Recommends Dropping Phone Surveillance Program on: May 20, 2019, 02:38:08 PM
Ok my point of view on this topic is that I don't think the American public are the only ones suffering from this problem of privacy, I don't have concrete facts to back this up, but I strongly believe that if the USA as cautious as they are about issues regarding privacy can still be contending with the issue, how much more the other parts of the world I'm talking, developing countries. I think the primary focus should be the general safety of the human race or populace.

They are not cautious they have a law, where they can't spy on US citizens without a court order, but foreigners are free game... That's fine and dandy from the legal standpoint, but not from the IT point. You either record all and turn a blind eye or only record arbitrarily chosen suspects and hope you don't miss the dangerous from the vast majority unchecked.

But even if you record them all, finding the suspicious ones fast enough, sorting thru that massive amount of information, while avoiding false positives, well lets just say its challenging. This is in the realm of data mining and AI... And in case of phone calls there is also voice recognition.
3450  Other / Politics & Society / Re: Report From Venezuela: An Inside Look At A Country In Free Fall on: May 20, 2019, 02:19:40 PM
It seems like Petro was another way for Maduro's people to get more money and enrich corruption.
They used the blockchain technology wrongly and they disrespect the cryptocurrency industry. The sad thing is that people in Venezuela trusted this system but they ended up losing more money.

During their big NEM token sale they raised about $250,000 altogether if you add up the tokens moved from their main address and multiply it by $60, roughly the price of a barrel of oil at the time.

Of course, they ended up ditching the whole thing in favor of releasing their own super duper X11 Dash hybrid coin, which, by all estimates, probably never even existed and was just numbers on a database or spreadsheet. Only a handful of Venezuelans bought paper certificates representing Petro holdings, but yeah, they all got shafted.

Dash is considered centralized by some members of this forum, but I don't know the details surrounding its change from the Darkcoin era. Now take Dash, change its name into Petro, change it enough so that nobody else can participate (node, wallets, etc), put said nodes in a single data center, do not release wallets but force everyone to use the single online wallet in a single server (hosted in the same data center), pre-mine an abitrary number of coins, peg said coins to some other arbitrary value in the world's worst coin; back it all in promises and you get a close picture of what Petro is.

Naida_BR is not too far of, it all appears to be a State backed ICO scam operation. Good luck suing Maduro...
3451  Other / Politics & Society / Re: Report From Venezuela: An Inside Look At A Country In Free Fall on: May 20, 2019, 01:11:10 PM
I'm don't know much about economic concepts but I do agree with capitalist countries also being vulnerable to hyperinflation. Didn't Brazil had something similar. I remember reading somewhere that they had to introduce a "non-circulating" currency at the time and used that to price goods.. I believe this was when the BRL was introduced.

Yep. You could real more on wikipedia: https://en.wikipedia.org/wiki/Unidade_real_de_valor

Quote
The Daily Unidade Real de Valor, or URV (Portuguese, Real Value Unit), was a non-monetary reference currency (i.e., non-fiat) created in March 1994, as part of the Plano Real in Brazil. It was the most theoretically sophisticated piece of the Plano Real and was based on a previous academic work by Pérsio Arida and André Lara Resende, the "Larida Plan", published in 1984.

Its main purpose was to establish a parallel currency to the cruzeiro real, free from the effects of inertial inflation on the latter, which exceeded 1,200% per year prior to the implementation of the new currency, the real.

It was conceived as a temporary instrument to break up the "psychological inertia" that had ingrained in the Brazilian mindset and which caused prices to keep rising as a consequence of subjective estimation of inflation or preemptive adjustment without cost assessment. These phenomena are among the chief characteristics of hyperinflation, resulting from the erosion of confidence on the legal tender. The idea was to let the old currency (the cruzeiro real) fully absorb the effects of hyperinflation while having a new currency to be stable (in nominal terms) by adjusting its exchange rate against the old one.

The Brazilian had what many call the memory of inflation. It was necessary for the government to be able to demonstrate that it was possible to have a stable currency. Thus, the fear of prices always rise, become more associated with the old currency.

This "inflation memory" is living strong here, and i don't know if there is a chance to "cure it" short of switching to US dollars. But of course the main fueling for inflation remains unchanged. Fact is printing money makes inflation, and this is of course not limited to socialism, but socialism tends to make it worse, since they tie down the economy all over the place with fixed prices, wages, and interests rates. And of course, ownership of the "means of production" means state monopolies all over the place and few or zero chance of escaping the rules imposed by the state.

The way things are moving right know, we are bound to have a yearly inflation of 10 million %.

I have however seen cases where hyperinflation stopped almost immediately when taking appropriate economic measures. By dropping the exchange and price controls, countries like Germany and Perú quickly recovered. They also made new coins, perhaps to help aid with that "inflation memory".

Maduro foolishly made "a new coin" but nothing else, this new coin lost its entire value in less than 6 months. The new coin was meant to be 5 zeroes less the early coin, it was made in September, but a couple of months ago prices of everything were already 5 zeroes higher. Its only going to get worse.

And while that madness occurs, there is this:



30 years of taboo built the world's current most corrupt military caste. A country with people eating from garbage, but gives gasoline away for free.

There is no sense in keeping this gasoline free mentality unless it means losing military support. The military of course traffic (and or help traffic) this gasoline out of the country, where it becomes 40k USD.

People (especially foreigners) tend to blame it all in oil prices, but they fail to see 90% of the profits made by PDVSA are wasted in this idiocy. Venezuela's gasoline "subsidy" goes beyond any sanity anyone could possibly have.
3452  Bitcoin / Bitcoin Discussion / Re: Check if your exchange is fractional reserve day ? on: May 20, 2019, 12:37:03 PM
What if one day of the year, we got everyone to withdraw from the exchanges to see what exchanges are legit? and casinos.
I bet 80-90% of them would not have the btc to cover everyone.

That's what they do every 3rd of January, the birthday of Bitcoin:

Quote from: coindesk
Proof of Keys Explained: Bitcoin’s First Planned ‘Bank Run’ Is Today

“We’re going to withdraw all our bitcoin from any third party services just to prove that they’re there,” said Trace Mayer, Proof of Keys leader and bitcoin podcast host
3453  Bitcoin / Hardware / Re: Bitmain introduces the Antminer S17 Pro, Antminer S17, and the Antminer T17 on: May 20, 2019, 12:15:38 PM
holy hell... 2 hours ago bitmain was sold out on orders shipping in two days... now they are sold out on orders shipping in August?Huh what happened to June/July???

That's what happens when bitcoin price goes back up and the bunch that turned off their miners return AND upgrade their equipment...
3454  Bitcoin / Mining speculation / Re: Question about add socket in controlboard s9 on: May 19, 2019, 03:13:31 AM
I saw someone controlling 6 boards just fine, he can in fact solder the sockets and the boards will show. I'm not sure about the merits for doing this. In that case i saw, it had the asic boards submerged in a tank. The fans work too fwiw. That particular controller should in theory be able to handle 8 asic boards and 6 fans.

But these controllers are cheap, especially when obtained from used units with damaged asic boards. There is also the annoyance of getting the data cables long enough to accommodate all 8 asic boards.
3455  Bitcoin / Hardware / Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order on: May 19, 2019, 03:00:13 AM
stratum+tcp://sha256.na.mine.zpool.ca:3333

For your information, to use zpool you have to add the #xnsub option at the end (like nicehash):

stratum+tcp://sha256.mine.zpool.ca:3333#xnsub
stratum+tcp://sha256.na.mine.zpool.ca:3333#xnsub
stratum+tcp://sha256.eu.mine.zpool.ca:3333#xnsub


Otherwise you will get lower hash rates. Do not use this option with normal Bitcoin pools.
3456  Bitcoin / Bitcoin Discussion / Re: Upcoming 60 minutes segment on the Pizza guy on: May 19, 2019, 02:04:20 AM
Can't wait to see the interview. Would really love to no how the bargaining how the bargaining went down and what was the pizza guys idea about trading pizza for bitcoin. Definitely the pizza is the world most talked about and expensive pizza
Yes I agree with you even if it is just a short interview it will be interesting to see what he has to say. Because just as most people here who have heard this story when they began looking around the forums. It being a story about when bitcoin first started out exchanging it for items it means alot to some of the earlier members who were here to witness it.
I for one would like to see the guy who traded a fortune for a slice of pizza. Wink

"A horse, a horse, my kingdom for a horse" starts to sound reasonable now...

To see it in another perspective, each of those pizzas is about what the "hackers" stole from Binance. So you could argue they stole a pizza.

Also:

Longtime CBS News journalist Steve Kroft will be retiring from "60 Minutes" after this Sunday's broadcast. He's been at the program for 30 years, and has reported nearly 500 stories.
How nice to end with Pizza.
3457  Bitcoin / Bitcoin Discussion / Re: If you are regretting not encashing read this ' on: May 19, 2019, 01:51:58 AM
Hey everyone I know it's hard to actually just sit and wait for the price to go up and when you are at this phase , there is this very difficult decision to make and that is

* Either keep the Currency or encash *

Right now the price sipked suddenly that was a rare case scenario and something that gave us good signals after a pretty long time (2017 ) , unfortunately after the bull run continued for over a week , price suddenly declined.
It reached way closer to 6k $
But now again we are at 7k $ approx .

The reason of price decline is still unclear but it was hinted that in Germany some major people are against this Currency and actually wanted to ban it.
Since Germany is situated in Europe , many European countries might get influenced and think about adding to their decision.
But nothing was decided and Bitcoins somehow attained a stable state of 7k $

Now if you are feeling sad about not encashing there here are some points for you to feel good about :-

   Major companies are hinting a bull run in near future starting from 22 May

  The average price of Bitcoins is still higher than the past one therefore it's amazing how it has gained that much weight after all this , therefore a spike is inevitable.

  Major exchanges are predicting price as high as 20k $ or even higher , I don't believe in such weird had to achieve assumptions but all we can think of is , even if it does 50% of this , it's going to be fine.

Kudos to everyone who is still holding , trust me when it rises up you guys are going to be proud of the fact that you didn't encashed and stayed put.

This is how a trader should be * Patient * .

There is no need to rush things, 20k is too much too soon, if it comes it is bound to correct like it did in 2017. But yes, a time will come when 20k is correct, just not so quickly.

Talk about banning is stupid, the few countries that did have zero chance of actually preventing peers from transacting with it privately. They might persecute people if they don't take precautions, which is the sad part.

Traders not only need to be patient, they must diversify their portfolio, and never invest what they can't afford to lose. Not because they will lose it, but because it will let you thing things calmly and not rush and make mistakes on impulse, which is what makes people lose their money.

A bought bitcoin is still a bought bitcoin, no matter what price you paid for it with another currency. You can only talk about "winning" or "losing" that other currency only when you exchange it back. The only difference is the higher you buy, the longer you will probably have to wait longer for selling it and earn a profit in that other currency. Which is why its nice to invest something you don't have to use right away, because you might be for a long wait if you bought high instead of low.
3458  Bitcoin / Bitcoin Discussion / Re: Help learning about bitcoin? on: May 19, 2019, 01:40:06 AM
Have you considered starting with the beginning?

Bitcoin: A Peer-to-Peer Electronic Cash System
by Satoshi Nakamoto

Then you can go on, and on and on...

Now I think this is the best book that bitcoin has, this book is the first book to read before reading other books.

But I suggest learning through this forum, because this forum has various discussions that you can look for along with the answers. There are various topics in this forum, adjust it yourself.

Well of course, this forum has Satoshi him/her self discussing things with others, this is the single most important place on the net to learn about bitcoin. But reading is required. If you want youtube lectures, the ones made by Andreas Antounopolos are good.
3459  Bitcoin / Bitcoin Discussion / Re: Upcoming 60 minutes segment on the Pizza guy on: May 18, 2019, 07:06:14 PM
https://www.cbsnews.com/news/meet-the-man-who-spent-millions-worth-of-bitcoin-on-pizza-60-minutes-2019-05-16/

It will be 10 years from now, on May 22 that the Legendary Laszlo Hanyecz purchased Pizza worth 10K Bitcoins way back in 2009.

Quote
"That's $800 million," Cooper says. "You spent about $800 million on pizza?"

Hanyecz replies, "Well, if you look at today's exchange rate."

This interview would be aired on Sunday, May 19 at 7:00 p.m. ET/PT on CBS.
Looking forward for that interview since this is the most popular and controversial  news in bitcoin history since no one will do the same in this age of years as bitcoin is now considered as the most precious thing on earth

Umm, did you people not notice this actually happened on this forum nine years ago? Here is the original post:


Quote from: laszlo
Pizza for bitcoins?

I'll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day.  I like having left over pizza to nibble on later.  You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I'm aiming for is getting food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a 'breakfast platter' at a hotel or something, they just bring you something to eat and you're happy!

I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc.. just standard stuff no weird fish topping or anything like that.  I also like regular cheese pizzas which may be cheaper to prepare or otherwise acquire.

If you're interested please let me know and we can work out a deal.

Thanks,
Laszlo

Besides, it was TWO pizzas. so halve those guesstimates Smiley

And here they are:


More context:

Laszlo Hanyecz (laszlo) made the first documented purchase of a good with bitcoin when he bought two Domino's pizzas from jercos for 10,000 BTC. laszlo had made contributions to Bitcoin's source code in the past.

He made history. At least that was better than putting your private keys or wallet.dat in a thumbdrive and then forgetting it, or leaving the wallet abandoned in a laptop discarded years ago...


The CBS guy needs a calculator. At $8k price, ₿10k is 80 million, not 800. When bitcoin peaked on December 2019, it would have been 190 million.

If bitcoin keeps going up (and it will) this joke will never end. What about that third guy that founded Apple Computers but left in the beginning because he didn't believe in personal computers much?

When this transaction occurred, the two pizzas were about $41 USD.
3460  Bitcoin / Mining software (miners) / Re: SSH Unlock for antminer s9 firmware, anyone interested? on: May 17, 2019, 11:46:53 PM
I thought someone already discovers to enabled SSH but looks like he's planning to sell this fake SSH unlock tool.

If you can provide an opensource code of the tool we can verify it if the tool has stuffing or backdoors.

Why not we can donate any amount if your tools are actually clean and working.
There are many miners out there that are eagerly waiting for a solution to enable SSH.

There is indeed real interest and people willing to pay for this. Since they made the mistake of remotely upgrading their S9s remotely and now found (the hard way) they can no longer SSH to them. And, well, not everyone can go physically do the SD card or serial port method...

If you are an Antminer owner, DO NOT upgrade to any firmware from 2019 or you will lose SSH access.

Logically to avoid scams, trojans or backdoors releasing the source code of the tool is the honest thing to do.

There is no need to doubt the person, code talks.
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