Bitcoin Forum
July 04, 2024, 05:49:14 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 [181] 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 »
3601  Economy / Economics / Re: Using bitpay creditcard for paying everything in BTC without fiat-money? on: April 28, 2019, 04:32:10 AM
I noticed that people often call any cards credit cards even when they actually mean debit cards. Anyway, it seems like a card costs only 10 dollars, and there one can convert Bitcoin into USD and use it anywhere where Visa is accepted. That sounds to good to be true, honestly. I feel like there should be a catch. Is it, say, only for online payments, and one actually cannot use it to pay in a random not bitcoin-friendly supermarket or cafe? Are there some high regular fees or terrible exchange rates? Is it working only for people living in the US, because it only converts the money into dollars and not into any kind of fiat? The website says it works in 240 countries, and that the fee is 1%.
Okay, I can see now that there are various kinds of fees, expecially for people outside US. But still, though, one can really just pay for goods in, say, Aldi, with this card, and perform virtually any online payments? Is there anything I am missing here?
Oh, and is the money fixed in fiat once you load it on the card or does one hold it in btc and a certain amount is converted into fiat when one is trying to pay? Basically, would a cardholder benefit/lose from bitcoin fluctuations, just like everyone else?

While its true VISA/MC have both credit and debit cards, it is also true you can use a credit card almost like a debit card.

Imagine you are issued a credit card with a (ridiculously low) 10$ limit, and you want to purchase something that costs 200$ What do you do? You pay it in advance, that is, pay your currently 0 debt credit card 200$, and then you can use it to buy the 200$ item.

A debit card is a bit different, since is tied to your bank account, it lets you spend whatever you have in there. It may have a transaction limit depending on bank and country being used.

Not sure what type Bitpay uses, but now you are paying: Bitcoin tx fee, Bitpay fee, visa/mc fee.
3602  Bitcoin / Pools / Re: [30-400PH] KanoPool kano.is 0.9%fee 3.9of10BTC giveaway 🐈 US,NL,JP,NYA,OR,SG on: April 27, 2019, 11:36:06 PM
I wonder what is behind this peculiar pattern in pool usage:

3603  Other / Off-topic / Re: What Is A MAC Address? on: April 27, 2019, 07:02:46 PM
IP address is something a user or administrator assigns.  A MAC address is something a hardware manufacturer assigns and is unchangeable by the user. 

But is quite easy to spoof by the OS, and seems to be the late fashion.
Also some hardware lets you change it in their firmware, or needs to set it at boot time from an external file (driver).

To answer the OP question: It is a 48 bit address that is supposed to be unique for each network device.
3604  Economy / Economics / Re: Bitcoin is urgent. Argentina is printing free money too on: April 27, 2019, 06:39:12 PM
It's sad what has happened to Argentina. At the start of the 20th century they used to be as wealthy as the Americans. In the last 100 years, the Americans got way richer and emerged as the main superpower while the Argentinians descended into one of the poorest places on earth. There are African and South-East Asian countries wealthier than Argentina now.

It's a massive warning about how things can deteriorate if you have bad government.

And Venezuela was the world's first oil producer in the 50ies, and remained one of the wealthiest countries of south America until the 80ies.

All it took was some politician to mess with the coin... If your government can dictate monetary policy, you are exposed to this.

Bitcoin separates coin from State, you want this, even if you think you don't because your fiat is looking great today...
3605  Bitcoin / Bitcoin Discussion / Re: bitcoin and online transctions on: April 27, 2019, 06:20:49 PM
despite over 2 decades of growth of internet, statistics show that only 10% of retail transactions were conducted online. payment channels such as lightning are a massive opportunity for online payments

This clearly needs citation. 10% according to who?

LN can help transactions from trusted recurring customers, but the most important obstacle is the shop itself accepting Bitcoin in the first place.
3606  Bitcoin / Mining software (miners) / Re: Braiins OS: open-source mining firmware [S9, T1]. New release includes AsicBoost on: April 27, 2019, 06:04:05 PM
It doesn't work that way, you just can't blindly input values others use and expect the same results.

Assuming you have a strong PSU (ie not the 1600w model, but the 1800w model or bigger), you:

Slowly rise the speed AND WAIT to see if your "Chip rate" and "Ideal rate" match, and don't see many errors. Your capture is already showing two things: 1st you are using 725mhz not 700mhz. 2nd your second and third chain (asic boards) are not making it, that is the moment you rise the voltage to them and try again. Ie. from 8.7 to 8.8. You might need to keep going up (individually), but if it does not work after going 9v or so then slow it back down to 700mhz until the rates match again.

ONCE you get matching rates you should try reducing the voltages one step at a time until you see the rates mismatching again, then you know whats the lowest "safe" voltage at a given speed for that board.

Every Asic board (chain) behaves differently.

Also this is completely unrelated to fans, the more you overclock the more hot it becomes and they will tend to go 100% and stay there (as your capture is already showing). You might also want to know that PSUs going beyond 60%~80% their capacity are less efficient, so you are wasting more power for th when using smaller capacity PSUs. Oh and you don't want to overload your PSU...

You should always aim for the best efficiency not the max TH/s.
3607  Bitcoin / Mining software (miners) / Re: Braiins OS: open-source mining firmware [S9, T1]. New release includes AsicBoost on: April 27, 2019, 01:57:27 AM
Quote
[feature] temperature limits are now configurable via configuration file. The two new configuration options are: --fan-temp-hot and --fan-temp-dangerous. These options effectively override the temp limits in temp-def.h

This is in the git as a feature, I don't see it working. Trying to set dangerous to 100C.

Because as i said before, the documentation has an error:

This part of the documentation is in error, in case anyone needed to use those options they actually are:

fan-dangerous-temp and fan-hot-temp.

NOT fan-temp-hot and fan-temp-dangerous...

Ie: {(the_rest_of_the_options),"fan-hot-temp":"80","fan-dangerous-temp":"90"}
3608  Bitcoin / Hardware / Re: Bitmain introduces the Antminer S17 Pro, Antminer S17, and the Antminer T17 on: April 26, 2019, 08:06:28 PM
No switch. I plug into PDU that has switches and turn those on/off.

What happens if you plug them with the wires energized? When you plug the first and then the second.. I don't think this should be done, but given how some people operate their mines...

Next experiment; Would it turn on if you used two 120v from different phases (would it get the 208v from the two hots?). Theoretically speaking, of course, don't try this at home, in the name of science.
3609  Bitcoin / Mining software (miners) / Re: Braiins OS: open-source mining firmware [S9, T1]. New release includes AsicBoost on: April 26, 2019, 07:48:34 PM
Would these cgminer commands work on an S9 running Braiins OS?
How would I set them? edit a file with terminal?

--sched-start       Set a time of day in HH:MM to start mining (a once off without a stop time)
--sched-stop        Set a time of day in HH:MM to stop mining (will quit without a start time)

Probably /etc/cgminer.conf

{(the_rest_of_the_options),"sched-start":"07:00","sched-stop":"18:00"}

Don't forget to restart cgminer with /etc/init.d/cgminer reload
3610  Bitcoin / Pools / Re: [30-400PH] KanoPool kano.is 0.9%fee 3.9of10BTC giveaway 🐈 US,NL,JP,NYA,OR,SG on: April 26, 2019, 07:38:39 PM
Yeah, 504 hours no block.  That’s the record breaker for Kano since the beginning I think!
Good luck builds momentum in bad luck times, so all is good. The longer the bad luck, the higher the chance good luck will come...
3611  Bitcoin / Mining support / Re: Issues with S9 Miners, please help Im new on: April 26, 2019, 06:10:47 PM
I tried disabling LPM and ELPM and still very high discarded. About 2, I will try putting asic boards in a working miner and if they work, then problem must be controller board right?

Yes, but test them one by one in a working miner, ie, turn it on with only one board connected at a time. You can also try swapping data cables, and power cables from the PSU.

If they still don't work with a miner you know its good with its own asic boards, they are likely bad.
3612  Bitcoin / Mining support / Re: Issues with S9 Miners, please help Im new on: April 26, 2019, 05:29:46 PM
Hello miner friends, I have some issues and questions if you kind enough to help me.

1. It shows too many discarded in miner interface. Like when I have 3000 accepted, like 35.000 discarded. Its same for all devices I have. Is it bug in visual or what is it how to prevent?

2. One of my miner hash with 0 on all three boards. I checked kernel log and saw these in particular:
Total valid nonce number 0(shows like 2 3 times)
All chip cores opened FAIL
These logs points to my network or what?

I really could not find a Clear info for both of my concerns. I hope I can get some answer from some experienced miner fellas.

For number 1 try to disable LPM and ELPM. If this works, try a different pool.

For number 2 you need to test the Asic boards one by one, perhaps try a different PSU, and a different controller. You could also try moving the asic board to your working miner to see if it works there.
3613  Bitcoin / Pools / Re: [30-400PH] KanoPool kano.is 0.9%fee 3.9of10BTC giveaway 🐈 US,NL,JP,NYA,OR,SG on: April 26, 2019, 03:46:00 PM
Just to confirm, Are native segwit bech32 addresses still invalid on KanoPool?
3614  Economy / Economics / Re: Bitcoin can be gainful for a deplored economy. on: April 26, 2019, 12:39:18 PM
Bitcoin definitely has a use as a store of value for people in countries like Venezuela, it might have additional practical applications for other countries, however, they would be somewhat more limited. Especially when the country doesn't have reliable internet access, or at least lacks an infrastructure network to maintain uninterrupted daily activities. If employers and their employees can come to an agreement on the type of pay they receive, Bitcoin might be substantially better than the fiat alternative, doubly so in inflation-prone nations.

That would be ideal, but doing that has to be under-wraps, as the only legal payment for employer and employee here is either the garbage fiat or the garbage centralized token and neither is wanted.

Next best is getting the garbage fiat and exchange it for bitcoin asap, and then when you need to buy things, change it to fiat for the smallest possible amount. Of course the major volume of transactions are not people using it to survive hyperinflation, but those trading who are mostly outside the country, as people within the country are too impoverished for this.

Of course this all breaks if internet or power fails, which is sadly becoming more and more frequent. March was a nightmare and things are looking very grim on a national scale.

With the economy destroyed as it is, no jobs within the country are worth getting at this point, but the de-facto gov wants to take a cut from any money coming from abroad people are struggling to obtain to survive. So naturally, ways for avoiding the State meddling are sought by the people.
3615  Bitcoin / Bitcoin Discussion / Re: (bitcoin/gold) Limited Supply Problem on: April 25, 2019, 07:15:12 PM
If there was ever a shift back to the gold standard it would result in a complete re-wiring of the system, per say. If I remember correctly it was Saddam who was thinking about breaking the petrodollar and getting his country back to a gold standard, which would completely break fiat economics. That part is kind of irrelevant, but worth noting for the context.

Countries that develop a gold (or alternatively-back currency) would likely be able to pay for their debts by having the currency valued insanely high, as a currency with a backing commodity is more valuable than fiat. It could also make the price of gold (in fiat) skyrocket to the point where it is valuable enough to pay debts. It's easier to default on the debt and then make the transition, though, so chances are no country would try to shuffle into a backed currency while they still have substantial debt.

The point of debt in the fiat system is to literally "create" money and enter an infinite cycle where everyone has to work to try and beat inflation, but absolutely never can. Backed currencies would force a country to not make full-moron expenditures on unnecessary programs. Meaning; it forces fiscal conservatism. Some people won't like that.

The only problem with "backing" is the trust in the backer. You can have a "gold standard", and assume everyone isn't going to change their banknotes for gold at the same time... Then you get a repeat of the fractional reserve system again. In fact, it could be that countries like the USA were so deep in that already that dropping it was the safest thing to do (before somehow all Americans decided to demand their gold).

While money backed with "something" sounds almost like its that something, it isn't. A gold dollar coin is not the same as a dollar that represents an amount of gold equal to the same gold dollar coin. Even if you have trust, its still a promise you have to fulfill, and humans being humans, or human institutions, or governments, politicians, whatever, could come the day they don't fulfill it and plummets the price, just like a bankrun. (Or the legislative declares that the gold standard is now void).

When the Austrians wanted gold as money, they meant actual gold coins or ingots, anything you could melt at anytime and you don't have to trust that "someone" will give it to you when you request it (the same promise a bank does to you when you make a deposit).

So even if you say, that money is backed with gold, I'm not going to trust it the same as if it was gold itself. So its rather pointless.
3616  Economy / Economics / Re: Money Is Political, Not Technical on: April 25, 2019, 04:11:43 PM
The point of Bitcoin is that is taken away from the hands of politicians and financial institutions so they can't destroy it anymore when they see fit, as it has always been done to the fiat.

Separating money from state, would be an apt description. Precisely because its political, we came with this technical solution, already knowing that it would be under attack by politicians who get in panic of a money they can no longer be "controlled". That is until the newer generations more open to crypto end replacing the old.
3617  Economy / Economics / Re: What currency shall human use when colonizing Mars on: April 25, 2019, 04:02:37 PM
It will be like Star Trek and there will be no currency, this is so far in the future though, we will have automation and resources we can't even dream of.

The Star Trek model is based on "infinite energy" by the matter/antimatter power generation that made the "replicators" possible. If this is ever attainable, it will be centuries away.

It is also hierarchy military based, so I'm not sure how well it could last. Certainly the part of being contacted by alien civilizations played a role there.

In reality i doubt we will ever be contacted for various reasons but if that ever occurred anything we say here changes.

To reach that level, we would need to spend enormous amounts in research and resources. Not before we treat our solar system like our playground, so called "Level II" on the Kardashev scale.

For starters, the minuscule LHC is unsuitable. We need planet orbit sized particle accelerators... We are going to have Mars inhabited and probably terraformed already before we manage to build one of these, and its corresponding dyson ring or whatever is needed to power it.
3618  Bitcoin / Hardware / Re: Bitmain introduces the Antminer S17 Pro, Antminer S17, and the Antminer T17 on: April 25, 2019, 01:11:13 PM
Got my first S17 Pro (50TH model) up and running.  As smooth of a startup as typical with Antminers.  Just plugged in both power cords and viola.

I've only tried "normal" mode so far and I'm getting 51 TH on average and about 2050 Watts measured with my smart switch.  So right at 40 J/TH efficiency.  The noise seems similar to other antminers.  Not noticeably louder to me but then again I have 40 antminers running in my garage so I probably wouldn't notice.  And I haven't tried turbo mode.

Edit1: Turbo mode results: 57 TH, 2500 Watts - 43.8 J/TH.  Pretty impressive! And not really any louder that I can tell.

Edit2: Low power mode: 40 TH, 1540 Watts - 38.5 J/TH.

Below is a pic of it and the dashboard.  I'll be trying the other modes when I get a chance.

https://imgur.com/k6aMzDf
https://imgur.com/I2fRpwD

Keep it flat and you are going to hurt the upper Asic board. They have to stand for a reason: Heats goes up, and you want the boards to have the same relative dissipation, not the lower ones dissipating to the top ones. Other than that, nice results.

Also repeating the exact same pool url is pointless. If you want same pool failover, try the same pool different nodes. For slushpool you could use something like:

stratum+tcp://us-east.stratum.slushpool.com:3333
stratum+tcp://ca.stratum.slushpool.com:3333
stratum+tcp://stratum.slushpool.com:3333


This is just in case a node fails or something. If you only fill 1, that 1 is going to be endlessly retried anyway you don't have to repeat it twice or thrice.
3619  Bitcoin / Bitcoin Discussion / Re: (bitcoin/gold) Limited Supply Problem on: April 25, 2019, 11:45:07 AM
In a time/duration dispensing system, the bottom constantly gets reinforced and the tower at the top will not fall.

The trickle-up effect, ever watch a volcano create land? There is a reason that land does not fall back into the ocean, like Hawaii, it is only because the water level is rising does it appear to be falling, but if the water level never rises, the land does not sink.   

We need the gold to go to space anyways so we can`t use that and we need the power usage of the bitcoin network to be useful.

And in space we might find more gold that, if brought back to earth, will lower its value. So there is that.

You can see Bitcoin as 21,000,000 bitcoin units or 2,100,000,000,000,000 satoshi units, but its still a fixed amount by code that could only be changed by the vast majority of its owners, something that might probably never happen unless its value goes so high that even 1 satoshi becomes impractical to use.

In reality resources ON earth are limited, but in space you need to spend resources to find more resources. And yes, you could run out of resources before finding any if you mismanage their use. There are several resource games out there and you can see the same pattern repeat again and again.
3620  Other / Off-topic / Re: Can we ever have peace? on: April 25, 2019, 11:00:01 AM
Whenever I open any new's site I find it very difficult to  control myself because of the human inhuman to man.  I just read a story how a friend killed his childhood friend because of jealousy and it really break my heart.  We are having different news of killing and wars in almost all the countries of the world and it seems peace has been taking out of the earth!  Will this killing and wars continue,  how long will it last or has it becomes human nature too, Why can't we love one another and when will the original love return on earth?
It seems we are going  to have Peace in future as many of us having believe in different religions but this question keep ringing in my heart "should we wait for one God to give us peace which is possible for human being to live in peace".

Fundamentally it is the human who decides to do bad things. Evil disappears the moment we decide to, Ie. not kill others, regardless of circumstances. You may get the temptation, but your discipline can stop it, as it can stop people from stealing, or littering. From small to grave, we have the power to choose not to do bad, and the moment we realize this, world peace is at hand.

Sadly some people are easy to succumb, and they force us to have rules and rule enforcing, a justice system, etc. Which is to some extent a form of deterrent to keep us from falling to what some call "basic" (animal) instincts.

The human is a creature that reached a civilized state, but still carries this violent baggage from the past. It might have been important when we were living in the wild but in the modern world it gets in the way, thus the need to self improvement, via religion, sports or something else.

In the end its still our choice, but a minority still refuses to behave and they cannot be allowed to ruin everybody else's life.
Pages: « 1 ... 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 [181] 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!