If they do it will be some centralized garbage, like Petro which was an absolute failure. Their fiat is not in bad shape, so i see little use for this other than going backwards and ruin their own economy. Hopefully not, people are not going to waste their time with a State backed altcoin when they could just keep using the State backed fiat.

This is actually unrelated to mining, even if you criminalize other coins, mining itself doesn't touch your market, negatively anyway. If anything its positive as some foreign currency will be exchanged for local fiat to keep operations running.

Just because you mine a coin, doesn't mean you have to use it. But those concepts may be too hard to grasp for the average politician...

This is unenforceable, even if the world submitted (which i doubt). They might go against corporations, but they can't do nothing against p2p, decentralized, obfuscated network technologies...

Heh, its from France where that nonsensical left-right terminology came from. from that very French Revolution that beheaded the monarchy (literally).

I'm on Freelancer, Fiverr, and some others. I'm looking for sites that officially pay with bitcoin, as i don't want money trapped in PayPal anymore. Cryptogrind is the only one that let me open an account and will see how it goes.

My comment about getting lost was referring to both Reddit and Bitcointalk, the services area doesn't have specific sub forums for each skill, unlike the freelancer sites where you could find your niche and start from there as you say.

As for microtasks, i did work for Crowdflower / Figure Eight using its elite portal which was recently closed. It also used PayPal...

Some people can't manage their own money and do need a third party to secure it for them. Full reserve banking certainly has a place with crypto, but remember if you want them to keep 100% of your money, you have to be ready to pay a fee for the service. Alternative they could offer you accounts for lending, in which case you agree for them to use your money to lend it to others, during this time your money will be unavailable. This is more or less how full reserve banking works, and people need to adjust to that. But sure they do have a chance, especially if they also add other services such as exchange and/or payment processor for legacy fiat only businesses...

The State messing usually ends in detriment to the people. The less State, the better. They want "control" and we want "freedom".

What about Bisq? Isn't it technically owned by the people? I mean, anyone becomes part of it the moment you launch your client node, being p2p, decentralized and all...

I wish my little miner could find it, it would be hilarious...

Artificial Intelligence may eventually lead to a "singularity", but that is certainly unrelated to the Bitcoin project. Sure, maybe some AI project out there may benefit from the use of a blockchain, but that doesn't mean that Bitcoin lead to it. AI is a very deep subject that leads to the path of an artificial "sentient" life? Which is what "singularity" here probably means. When an artificial being asks "who i am, and why am i here?" etc. Again, a deep subject...

You shouldn't take it to the extremes. Linux is much more secure by default, but its not perfect. It also depends on distro, some are more security oriented than others. Windows on the other hand, can be made safer, with work, but the end result isn't perfect either, and is not as good as a truly secured linux or bsd. You just can't do anything about secret backdoors/bombs/bugs hidden in code you have no access to, that is a fundamental difference you have to always live with when using closed source proprietary software.

Of course there is a lot of money to be made in this sector, some people are fool enough to insist on using windows and beg professionals to make it safer. One of the things usually done is put a firewall (with a secure os) in the gateway to the wild savage internet and their little windows Lan to at least contain the brunt of the attacks. You can also spend a lot of effort and time trying to secure as best as you can windows, within the limitations no access to the code will never let you surmount.

The irony here is that a simple user isn't going to make it, that is why they hire you in the first place. If windows was "secure by default", you would have to do a different job. And these are the typical targets, remember? Laziness.

Easy to use, easy to crack, you could say.

Bureaucracy and corruption, socialist mentality at its best. I don't think this relates much to the pools, as the big ones have nodes all over the world anyway, and if Chinese miners move to Monogolia and Siberia, they'll make sure to host pool nodes over there as well.

Basically opposition to crypto means opposition to bring more wealth for your country. Politicians used to control the masses just can't get that and fear the freedom of people doing things that benefit themselves. By the time they figure out their mistake (probably when they see their neighbors prosper) it would be too late. But that is what happens when you let politicians take control of the economy instead of leaving it in the hands of the people. Ironic, socialism is.

Ckpool pays the most (0% fee), but its currently taking months to pay due to low hashrate. Remember on this pool you won't necessarily get paid when a block is found, and at the current hash rate its expected to find 1 block every two months on average, so for many this means at least a 4 month wait before seeing the first payment (or longer, depending on queue).

Kano pays on every block found, but takes 0.9% fee, should be finding 5~7 blocks per month. 5nd means slow ramp up/down times which are about a month long (currently).

Viabtc and the other Bitmain related pools have both pps and pplns modes, one taking much higher fees than the other 4% fee vs 2% fee. Given their 3 exa hashrate i fail to see how people bother to use their pps mode, but i guess some can't just manage themselves to save when lucky to pay from that when unlucky, which in such a high hashrate pool takes hours to average itself back into 100%, as opposed to days, months or years in small pools.

But of course everyone is free to choose and pick their favorite pool. Do remember that favoring the larger pools not only make you earn less, you also weaken the Bitcoin network itself.

If all pools magically had the same hash rate, say, 100PH, i would pick CK's. Kano is next best currently, but the lower its hashrate the less attractive it becomes.

When you talk about currency, you don't use the cap. This is because you want to keep separate the bolivar (currency) with the Bolivar family.

You should check this page to know the direct value of the current iteration of bolivar (which is the 3rd, after losing 8 zeroes in the past decade): https://www.bitcoinvenezuela.com/

In there you can see that currently 1 bolivar means 4 satoshis. By next month this will probably be 2 satoshis or 1. The largest Venezuelan bank note is 500, just 1841 satoshis. Venezuelan banks often limit the amount of cash you may withdraw per day, last i tried it was 6000, so 22091 satoshis.

= 1841 satoshis.
It will only get worse, inflation only speeds faster and faster every day.

In a few weeks we will have a 1 bolivar = 1 satoshi parity, it will be very short lived thought.

There is also MicroBT, and we have yet to see how much tweaking can the newer Canaan units take by downclocking. Price has always been a weakness for Canaan, but at least they are trying... I though Canaan was readying 7nm parts but their latest "A10" is still 16nm, hope is if they are brewing something new at 12nm or less like MicroBT is.

Can't you instead sell electricity to the grid? The higher price electricity is, the more interesting it becomes for renewable generation that you could sell them, and it could be combined with mining. In the future, even 3¢ will be to high, so you might as well be planning ahead, instead of making "large" mines, make them small but combined with renewable energy, those will last longer, you will see. Make it too big grid only, and it will have to close.

Venezuela is about corruption. Have the right ties and they'll let you install in a place. The de-facto gov was last year seeking foreign investors for crypto mining, but of course the risks are too high. Sure the electricity is free, but unreliable. And you can also be targeted by crime for "looking wealthy" (and by local definition most foreigners automatically are). Also you'll probably want to protect the place with armed guards...

If a new gov comes things might get better, but i don't expect this new gov would keep the electricity (and gasoline) eternally free. Venezuela has the 3rd largest hydro-power generation in the continent, so the potential is there especially close to the dams. We used to export electricity to Colombia and Brazil a couple of decades ago... Don't judge the country for the current tragedy brought by socialism.

Especially if you are physically next to it or close... Yeah i read those papers before, they are interesting and good idea for a James Bond like movie, not impossible but not trivial either, and very unlikely to succeed in facilities with an adequate security protocol.

In the past it was also possible to recreate what CRTs displayed by passive listening alone, that gap is now closed. Some of the tricks need mechanical moving magnetic media, and those also seem to be on the way out. Nothing is 100% secure, but its about reducing the risks.

There used to be some joke about an air gapped computer, inside a room with armed guards outside. Yeah if you are next to it protection gets trickier... Computer forensics is also an interesting career.

That's only true if you publicly redistribute your modification. You can use GPL code internally within a company with proprietary modifications with no need to publish anything. MIT license is basically "new" (current) BSD license where you have no such obligation.

No i don't agree, Bitcoin in its entirety is technology, and it does seem to be between that 3rd and 4th step. Perhaps you are confusing Bitcoin with bitcoin, did you read the thread about what the difference in cap means? No cap bitcoin means coin alone, Bitcoin is all involved: Network, nodes, protocol, wallet and yes, blockchain. We are talking about Bitcoin and not the blockchain, if he wanted to talk about the blockchain the poll would have been about that instead.

If i were to guess where blockchain alone is, the 2nd step seems more fitting.

Since they are making a "home miner" are they making it quiet too? 19T @ 800W is still better than the R4's 8.5T @ 845W. Sell them under 800$ ftw

Hmm rather than a step up transformer it would make more sense to use a couple of "110v" PSUs (on separate circuits). The asics actually just want either 12v or 20v DC.

Or a much simpler method is get an used miner with one or two damaged boards, take them out and use the working remaining with a "110v" PSU. The R4 was more or less like an S9 with 2 instead of three boards. An M10 with 2 boards or an M20 with a single board how much power would it need in "low power" mode? Possibly low enough for the biggest "110v" psu to handle.

Of course I'd like a newer R4, mine is ironically plugged to 208v from two "110v" phases. I also had hopes for Canaan Creative with their "mining" TVs and Routers.

People should not pay attention to McAfee, he is probably just wanting to increase his views or likes on his social media by making outrageous claims that never come to fruition. There is no need to get angry either, just, ignore him.