Hello guys....before this i have post a thread which says that where suitable place and how to get large amount of miners....and i dont have large modal...should i request a loan??
It's very hard to understand your question to be honest... If you're asking if you should request a loan in order to buy miners, it's actually a very simple economic calculation: If the principal plus the intrest of the loan is smaller than the fiat equivalent of BTC (or altcoin) you'll mine in a timeframe you're confortable with, it might be a good idear to request a loan... If not, you shouldn't request one. It all stands or falls with following parameters: - how much income will your mining operation produce (mostly dependant on your power cost) - how much risk are you willing to take ( a longer ROI means bigger risks) - do you have collateral? You can live in a country where you only pay 0.001 cent/Kwu for power, if you don't have collateral, nobody is going to lend you sufficient funds to setup a decent mining operation. If you're going to go to the bank, the collateral might be physical. If you want a loan from this forum, you should read the "no collateral, no loan" guideline Vod once wrote...
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you can always try to run https://github.com/btcsuite/btcwalletIt needs https://github.com/btcsuite/btcdIt's a bit harder to setup than your usual wallet (it's basically an alternative full node, and a cli wallet written in GO that uses json-rpc to connect to this node), but i've tried it in the past, and found it was able to handle big workloads...
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Usefull stuff... I'll defenately follow your developments when i'm back at the office. I quickly browsed part of your code At first sight, i couldn't detect any backdoors, just some really clean implementation of the bitwasp librarys ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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As informed 13 days ago, due to Aug 1 hardfork, ChipMixer will be closed from July 31 till situation get stable.
ChipMixer is now temporary disabled till hard fork situation get stable. Any word on when things are going to be operational again? given the Forum headline: "News: ALL CLEAR: You can now use Bitcoin as you were previously." it would seem BTC is good to go. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Indeed.. I'm actually waiting to mix, and chipmixer seems like one of the best options since bitmixer dissapeared
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I have heard and also read in various threads that mining is too risky. The invested money can all be gone with a blink of eye. Actually i am not sure wither i should do it or not. If i invest, then is there any chance to loss all the money?
If i invest, then what should be the amount first?
And in which sites would be better to do mining?
You are talking about cloud mining... In this case, yes, 99% of the cloud mining companies are scams. The rest sell you all their risk for a small part of the profits... Actual mining is completely different: if you do all calculations and risk assesements beforehand, you're reasonably safe
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Oh thank you for your fast answer !
And, how long to find one ?
You know ? ^^
If you would know the share diff set by the pool, technically you should be able to calculate the average time between two shares (based on said share diff and your hashrate). Since the share diff is not shown on your screenshot, i can't help you with this average
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Hi, I'm a beginner with mining, i'm started to mine ETH ! Can you tell me if it's worked on not on this screen. I think , he didn't worked ! Thank's in advance http://hpics.li/ae08a1aIm not really an expert on altcoin mining, but everything on that screenshot looks fine to me... Everything is initialised, you're connected to the pool's statum proxy, you seem to be hashing, you just didnt find a share yet
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goedendag, de dag vòòr 1 augustus
is van een bitcoinadres af te lezen of het een adres is van bijvoorbeeld: a) een exchange b) blockchain.info c) litebit.eu d) monero.org (oke, geen bitcoin, maar de vraag blijft: of aan het bitcoinadres af te lezen is van wat het voor soort wallet is) e) bitcoin wallet f) cold storage, bijvoorbeeld op usb of op print
Je kan wel een aantal dingen afleiden: begint het adres met 1 (P2pkh) of met 3 (p2sh). Begint het adres met nog een andere letter/cyfer: geen btc adres. De kans is groot dat een adres dat met een 3 begint aan een of andere service toebehoort.
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to be honest man, if the bitcoin mining fever was not on, they would not sell it or even manufacture at all. nobody is gonna use the USB miner as people are using the GPU miners instead AFAIK. unless bitcoin is far higher in price which leads profit via USB mining (selling them for certain profit ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ), IMO your USB miners are dud. edit: don't worry, if you have low electricity bills, mining with them are profitable we're in the bitcoin mining subforum... I would probably agree with you if we talking about altcoin mining, but if you're talking about BTC mining, even an usb miner would beat GPU mining every day of the week. Eventough the list of non specialised hardware for BTC mining hasn't been updated for a while, i think it still makes sense to do the math If you look at https://en.bitcoin.it/wiki/Non-specialized_hardware_comparison#AMD_.28ATI.29A rig with 6 x AMD 6870 produces 2.5 Gh/s while consuming 1200 Watt. The price of one card is ~€200, the price for a PC, risers, PSU,... will likely be over €400. The sum of this rig would be €1600 ONE geccoscience compac runs at 8 Gh when underclocked, it consumes less than 6Watt. It costs €50 It can be controlled with a rPI, setting you back €50, using 3 Watt https://www.bitshopper.de/shop/sha-256-miner-en/gekkoscience-compac/?lang=enWhen we compare both, using FREE electricity: The GPU rig: https://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=2.5&p=1200&pc=0.0&pf=0&d=860221984436.22200000&r=12.50000000&er=2764.06270000&hc=1880at current diff, block reward and btc price, you'd ROI (pay back) your rig in: 930714 days (that's ~2500 years) The compaq: https://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=8&p=6&pc=0.00&pf=0.00&d=860221984436.22200000&r=12.50000000&er=2764.06270000&hc=100break even when everything stays status-quo: 15470 days (that's ~42 years) If you add a power price of 1 cent/Kwu, things get even worse for the GPU rig. So, to sum it up, if you GPU mine, you'll break even when all wars are over and the planet has been reduced to a barren wasteland, only in 100 generations will your investment in the rig be payed back (in case the diff doesn't rise, the price doesn't fall and the block reward would magically stay the same)/ If you mine with a recent usb miner, it depends on your age, but there's a decent chance the usbstick will have payed for itself by the time you kick the bucket ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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miners think they have the advantage by using other persons resources to mind for them. But actually i don't think they can earn a single penny. What can you say about it.? I'm missing your point here... Nobody is using anybody else's resources... The OP was asking why an ebay seller was selling an obsolete usb mining stick for so much money.
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What could be a reason for using a mixer if everything is legit? Just curious
The most obvious reason for me is because i don't want anybody to know how much BTC i own exactly. Most people keep their private keys on a desktop, a hardware wallet or a paper wallet, but they still keep everything in their home. If somebody would know you helt the private keys of addresses loaded with 100's of BTC in your home, they might get tempted to rob you...
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i think both these options above are correct: - because newbies are tricked into buying a "free money machine" - because they're a collectors item I just wanted to add i bought one to teach myself about mining, knowing perfectly well it would never ROI. A usb miner is/was the most price/efficient way to get your hands on a very little bit of hashrate, so you learn the ropes ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Maybe somebody on localbitcoins would be willing to sell you $100.000 worth of BTC... Altough with this sum, you should be carefull not to attract people that want to rob you, or want to sell you BTC that is directly linked to illegal actions...
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os2sam is right, but just to elaborate on this subject: A miner can chose up to 1Mb of transactions to fill up the block he's currently working on. This includes the coinbase transaction rewarding 12.5 BTC + sum of the fees of the picked transactions to the miner (the miner could potentially also use somebody else's address for the coinbase reward). After this, the miner calculates a merkle tree of all transactions in the block. He then generates a block header using the highest element of the tree, the previous block header and some other data and starts hashing this new header. If he finds a block header whose hash is better than the current diff, he can push his block to the network. If you solo mine with 5Gh, you can pick whatever transactions you'd like, but the odds of you finding a block header whose hash is under the current diff target is astronomically small. So the odds the block you were working on can be broadcasted (and accepted) by/to the other nodes of the network is astronomically small... As a matter of fact, at current diff: https://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=5&p=1&pc=0.10&pf=0.00&d=804525194568.13200000&r=12.50000000&er=2591.67940000&hc=0.00It will take you (ON AVERAGE ), 7998632 days to solo mine a block... So you'll have to wait an average of 7998632 days before your transaction gets included in your own (valid and broadcasted) block... Maybe you're better off paying a decent fee and broadcasting the transaction to the other nodes, so some other miners will also be tempted to put your transaction into the block they're working on ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Username: mocacinno Post Count: 1672 BTC Address: 1MocACiWLM8bYn8pCrYjy6uHq4U3CkxLaa
Accepted, send me a PM once you change your signature. Thank you very much ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I'll edit my signature right away and send you a PM!
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I have some ideeas about the password. I tried that python recovery program from github but i think is outdated bcos getting the message unknown wallet version. Other ways I do not know, i am not familiar with this bruteforce method.
Here's the one i used succesfully in the past: https://github.com/gurnec/btcrecoverThere's also a relatively trusted user that runs a wallet recovery service on this forum, i can't seem to remember his name atm dough...
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It seems I am cursed with the use of bitcoins, this year I had many noobs mistakes. I guess you learn the best from them, but sometimes taking a loss is hard. Ok, I have downloaded Electrum last year in October so I can have a look at the interface. Now, I only runned it and took a look at it but did not receive or sent any btc. Now yesterday, with all this hard fork news I wanted to get my bitcoin on my pc so I can get my private keys and etc. So I downloaded the Electrum wallet again, being not familiar with the method I did not knew I had to get a password setup or seed setup, whatever. So I just copied the receive address and sent, now I was looking a bit in the menu and i tought i should set a password my wallet, but when I try it's asking me already for a password. I did not set any password now, could it have to do with the first install of Electrum i did last year? I have found in Application Data files that belonged to the date of download last year of Electrum. I am doomed and cursed, there is 1.35 BTC in the wallet. If someone can help me I am willing to share 35% of value(well you can take all if you want, but i would really appreciate a fair help deal)
Please, someone help me as this bitcoin is ruining my life with all this techinal stuffs.
So, you're probably using last year's wallet... Are you sure you have no idear what the password back then might have been? If you have a vague idear about the passwords you usually use, there are ways to brute-fore the old wallet. This technique only works if you either chose a (very) weak password, or if you have a vague idear about the password that was used..
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There were more users I would have liked to accept, but the campaign is now full. I expect some people will be removed (there are some inactives) in the next payment round, so if you still want to join, wait for next week. If you weren't accepted, it probably isn't because your post quality was bad.
Sad to see i'm not in, i'll probably try to re-apply next week tough (unless you think my post quality isn't sufficient?)
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