Thank you all that replied. I will just use the AppImage because it seems it'll be the one with less issues to encounter. I got a question regarding verifying the download.

Besides
https://github.com/spesmilo/electrum/tree/master/pubkeys

Is there any other public place where I can download ThomasV and SomberNight Public keys to verify the files? When I did this last a few years ago, I went to some pgp.mit.edu website to get ThomasV key however that doesn't seem to work.

I just want another source where I can verify just in case the github is compromised.

I remember back in 2016, news came out that he sold “some” of his holdings when it was at like $20 which was the ATH at the time back then and the coin didn’t crash.

Developers are allowed to sell some of their coins to pay the bills and such. It’s understandable. However remember when Litecoin founder sold his coins at the top of 2018? It actually was the top of Litecoin. However whether it’s because he sold or because the crypto bear market has already begun is hard to say.

However I don’t think he would sell all his coins at once.

The most important date is Oct 18 which is the first ETF decision, if it is delayed or rejected there is another one that has a great chance of approval a few days later. Most likely if the first 2 ETFs are rejected then we might see a sell off before November starts. Which is a tricky way of trading since November’s are usually very bullish.

However right now they way the market is trading it seems that ETF has a great chance of being approved and then when it finally goes live in a month or so, that might be the “buy the rumor and sell the news” type of event just like when CME launched Bitcoin futures back in late 2017.

Didn’t realize this is a week old thread. Reading the title made it seem like Bollinger is short and targeting the $50K area but look at the chart you posted it was at around $47K. So his trade would of worked out but you would of missed out on tons of profit since it went up another 10%.

This is why I don’t pay attention to any of these analysis. That guy from Big Short told everyone when BTC was at $28K that it was going to break and go down and instead the complete opposite happened. People followed him and probably lost money going short or too profits too early. This is why you shouldn’t listen to any of these people.

Another reason why it’s pumping is because there is a very good chance that an ETF might be finally approved. This isn’t like 2017-2018 when every single ETF was denied. This is different because the ETF won’t be based on real bitcoins but Bitcoin futures. It will be pretty much just like the Crude Oil ETF which just follows the futures with its contango.

I think that there is some leaked news already since we had a crazy spike recently. Maybe somebody leaked the news to a few people. Also there seems to be a premium again on the CME futures which is usually very little. So somebody out there expects it to be approved.

Yeah the fees were pretty low last week but with BTC pumping this week on the ETF approval events the fees went back up again. I generally wait till Sunday to do any ETH transactions especially ETH token transfers because the fees are usually 50 Gwei. I think last week it was like 35 Gwei which is the lowest I’ve seen in a while.

Now we got SnoopDogg pumping NFTs and the craze is back up. I guess you can’t complain at least our mining revenues are higher this week. Either way, I predict that it will be a long time until we see Gwei in the 35 area.

Didn’t realize that they stopped ASIC sales. So if you are in North America how can you buy ASICS like an Antminer these days?

It seems that Bitmain temporarily stopped sales due to the China ban, according to the blog they were suppose to resume in Sept but didn’t.

So unless someone exports them somehow out of China seems you can’t buy them directly anymore.

The issue with some PSU that are usually <750 watt is that there might only be 2 PCIe connectors and if your GPUs require 2x each then it won’t work. I have no idea why some PSU companies do this. They make a large capacity PSU but don’t include enough connectors to even come close to max of the PSU.

I had PSU like this in the past and basically what I had to do was take the aux CPU connector and repin it to make another PCIe 8 pin plug and used some of the other unused molex wires to supply more power.

It’s not that simple. First of all can you even order one yet? It’s not on their website and last I heard they temporarily suspended some sales due to the China crackdown.

So today it might make $220 a day however by the time you get it, it might be down to like $150 a day. And then ETH can go down in value or the difficulty keeps spiking and it’ll be down to $100 a day and your ROI will be pretty much double.

No one can tell you if it’s a wise investment.

Seems like it’s a repeat of 2013, pretty much to the month. We started to rally at the beginning of the year and we topped at $64K in April, and then we bottomed in July and in October started to rally again. And if 2013 is repeated we would top somewhere in November.

It’s pretty scary how similar it’s becoming and it’s worrying me.

Because if we are all going to trade like it’s 2013, most likely the opposite will happen.

Yeah I also assumed it was that but it doesn't work even after that command.

The only thing I can think of is that maybe there is some typo that ThomasV posted on electrum.org and that's why its not working.

Can somebody confirm if


is the actual package name? Does the '-0' need to be there ?

So I am in the process of upgrading my Electrum version. Basically on Ubuntu 16.04 wouldn't work since it requires a higher version of Python3 that is not available on 16.04. So I downloaded the Ubuntu 20.x.xx version and not getting the python error but I am getting issues with libsecp256k1-0.


Results in


Yes I googled and can't find much info out there. Seems to be related to Lightning network which I am not planning on using. So if I can't locate this libsecp256k package, I can install an older version which doesn't require it however which version is that? Electrum versions older than 4.0 ?

There are 3 actually, the last one is margin trading. It might seem the same as futures however its slightly different than futures.

Basically on margin you got much less leverage, usually 10x instead of 125x. You also pay different fees and the bitcoin that you long, is actually bought on the real spot market. So you are not buying a derivative like you are on the futures platform.

With margin you pay a fixed rate depending if you long or short bitcoin. And on futures the rate is determined by the funding rate or the futures premium/discount. So they are more or less the same but with different rules.

Another way how you can make some money is if you hold some USD or USDT or any type of fiat currency. You can't do it now unfortunately however when the funding becomes positive again, what you can do is just sell the futures and buy the coin.

Usually BTC or ETH have a ~1% premium per 30 days on the futures. So if you buy the futures expiring in 12 months, it will have a ~12% premium. You buy on spot with your fiat, and that same amount you sell on the futures. Wait 12 months and you got your 12%.

There is a little risk because you need to keep on exchange but seems safer than some of these experimental methods other people are doing.

Here is my experience with those cheap PSUs that usually come in a generic silver aluminum looking box. They might say 450-550Watts or so, however you need to see how much current each rail can supply. Because back in the early 2000's, there wasn't as much need for +12V but there was more for the 3.3V or 5V (can't remember) and you will find that. Even though its 550Watts, the usuable +12V is only maybe 250 Watts or so.

Even if its higher, if you run it 24/7, I gaurantee you, you will kill that PSU. I learn't this the hard way back in 2014 when I started mining. I was cheap and instead of paying $75 for a quality PSU, I bought a few of these second hand for $5-10. They were all like 400-500 Watts. And if you run it more than 50% load, you will kill that PSU within a week or month.

I think they are more geared towards people who NEVER game on them and just use the desktop for minor browsing.

Yes that is another area to consider. I've used to frequent the Claymore ETH miner thread. And from time to time there was some individual who would question Claymore's displayed speed on his miner. They said that its not accurate, saying that it was off by like 1% or so.

Apparently they had a large farm and tested different software and found that Claymore's miner was the same speed or even slower than other miner software out at the time. It was never proven however and Claymore never admitted. We all just assumed it was variance.

Well it might of not topped out in February but he was pretty close. In February BTC peaked at $58K. So if you took all your profits then, you wouldn't really miss out on any major gains. It ended up peaking in middle of April at $64K. That is about ~10% difference, which is fairly low. So I would say it wasn't a bad time to get out. Its still early and who knows if it'll ever even go higher than $58K again.

Mining still however was profitable after this time mostly due to the fees associated with NFTs and DeFI. However if you were mining BTC it would be a different story. There is that time when the BTC difficulty dropped due to the China ban to your advantage however that was only if you had some BTC ASICs and not GPUs.

From what most people told me. In certain countries and cultures an iPhone is considered a status symbol. I think in USA, nobody really cares whether you have an iPhone or not. Most teenagers got the latest iPhone pretty much these days.

However in certain countries, having an iPhones means “you’ve made it”. Yes it sounds stupid but when I got an new iPhone I sold my old one to some guy that was bringing it overseas somewhere. I had a case I wanted to include with the phone and he didn’t want it? Why.

Because my case covered the iPhone logo on the back, saying that in his country you need to “show off the Apple logo”.

Crazy. Kind of like how someone drives an Escalade or Mercedes in USA.

You can’t simulate the earnings because you can’t predict the future price of the coin you are mining. And even if you say hedged your position by selling a futures contract, kind of like agriculture farmers do, you cannot calculate what the difficulty will be. Difficulty is what controls the supply of the coin, the more people that mine the higher the difficulty will be. If the difficulty doubles it means twice as many people are mining and your profits will be exactly half.

Once an ASIC becomes obsolete it’s basically a door stop. You can take some parts like fans and PSUs and reuse those and you can recycle the metal parts but that’s pretty much it. You cannot make it more efficient or mine some other coin.

Its not only that there are other factors as well. For example if you got a slow internet connection then instead of getting a block you might end up with a stale. Another reason is your GPUs might from time to time get hardware errors which are obviosuly never counted as actual shares.

There are also fees with your miner software. Most likely you are paying a 1% fee which you won't see on the pool. Then there is always the chance that your hashrate shown is not extirely accurate either. Depending on what miner you are using might be off by a fraction of a percent or so.

I  always take 90-95% of what those values are calculated as my actual earnings.