Just because the mining doesn't physically occur within China doesn't mean it wont remain controlled by the same Chinese actors. This comment is ignorant at best. As long as people keep using Chinese pools, they will keep the power. If you are a miner, you must not mine in:

• Btc.com Bitmain
• Antpool Bitmain
• F2pool
• Poolin
• Viabtc Bitmain?
• BTC.top Bitmain?
• dpool
• Huobi

Notably missing from the top used pools is Slushpool which is not Chinese, but represents 10% only.

The World's Most Miserable Economy Has Seven-Figure Inflation

Unfortunately a decade and a half of "socialism" got rid of most of the national production, 90%+ stopped, went broke or fled the country. Nobody wants to invest in a country where the gov can seize your assets on a whim, and the State itself doesn't produce anything but corruption.

Electricity failing due to neglect on the State electric company, was just the icing on the cake. In the same situation are all basic services, which where all nationalized during Chávez and inherited by Maduro the inept.

It is deeply ironic that a "socialist" gov gives gasoline away for free, but provides no healthcare, no education, not even personal security, nothing. But unlike in a free market economy, you can't find a private solution either...

If politicians were by law required to publish their bitcoin addresses, people would know exactly how much money they are moving. Simillar to declaring assets, but on a realtime basis. Same thing for organizations. Granted, i believe people should also have the right for private addresses, this is simillar to bank accounts, is it your personal account, or your organization account? Organization addresses should be public for everyone to see and audit. Transparency levels like never seen before. Of course blockchain technology could be used for voting, direct democracy, etc.

The economy needs to leans towards Austrian economics. This is because Austrians (Mises et al) had though of going back to gold as currency, in the idea that no government can artificially increase or decrease its value by making them artificially appear out of thin air. Bitcoin is, "digital gold", after all. With the current thinking, Chicago and sometimes Keynesian, things appear to "break" if suddenly people used deflationary money instead of inflationary. But that is only because the current economy was built upon non existent wealth, mainly fractional banking and debt, which is "fast" but also also quick to "pop", producing never ending bubbles and crashes. Austrians don't need bubbles, growth can occur slowly and safely by true accumulation of wealth, which only exists in a full reserve banking system. If you study some Austrian economics, you will see how something like Bitcoin suddenly makes sense and fits in a new world economy. Yes i know some austrians don't exactly like Bitcoin itself (they originally proposed actual gold, after all), but Mises didn't have internet back then. How are we going to buy things with physical ingots online? It ill go into a virtual assets transaction again, and there is simply nothing better than the Bitcoin technology and its blockchain for that.


The Mises Theory of Money, Bitcoin, and Saving the Economy Explained in 10 Minutes

This is a climbing hill battle for many in this forum who are already addicted to Chrome, but there is a solution to your die hard habits:

Ungoogled-chromium. First do understand Chrome in fact IS just Chromium with a few extras: (fonts, flash player, pdf reader, drm "widevine", etc).

Also understand that several browsers out there simply use Chromium and then modify it a little bit, such as Opera or Brave. Yes, they all share the same add ons. On most cases you can just type the url chrome://about to find out what Chromium version you are running.

Ungoogled chromium removes all google tie ins, including integration with the "play" store. You can still manually download the extensions and install them, so don't worry about that. Did you notice how Google banned all extensions that allowed downloading content from Youtube? thats just a tip of the iceberg reason of why you wouldn't want Google controlling your browser.

If you go the layman way of simply using Opera or Brave (or any Derivatives), beware that you are shifting your trust from Google, to yet another third party (which might also be colluding with Google anyway).

Now I'm not going to say Firefox is completely clean of annoyances, it isn't. This is why there are also privacy focused mods out there (thanks to being open source). Such example of would be Waterfox vs Firefox, try it and see the difference. Its always good to have a backup browser that uses an entirely different rendering engine, you never know when a page will break with one that works with the other, they still exist.

---

Ok, back to the topic: Those tips are valid, but are not 100% safe. Many people don't bother blocking scripts, this is a big mistake. While i used to use NoScript in the past, i switched to uMatrix, which is made by the same author of uBlock origin (and both can be safely used together). This is a must, because you don't want random scripts executing when you browse the web. Only white-list trusted sites, and within those, only white-list the actual useful content (ie. not the trackers). This is because, not all exploits "require" for the user to actually click anything and many can be executed without user intervention. Sometimes exploiting browser vulnerabilities, sometimes OS vulnerabilities. So don't feel the least "safe" because you never see a pop up (but block them anyway, most browsers are doing that by default anyway).

Do not underestimate your OS. Microsoft IS jealous of Google, they openly switched to data mining with the release of windows 10. While Chrome can be considered a privacy nightmare, the same is true for windows 10 (in addition to a security nightmare). On a PC (doesn't matter if its an Apple) you should be running Linux or a BSD instead of windows or osx. With smartphones the situation is more grim, and would require their own thread, but you should quickly start dumping any Microsoft and Apple dependencies from your life as soon as possible.

Ask this question: Can you continue your life normally if suddenly company x disappears tomorrow? If you can't, you are in trouble. Break those chains before the chains break you first. It certainly doesn't help them switching to a subscription model. What good is a software that stops working the moment you stop paying or lose internet access? You are supposed to reduce your dependency, not increase it.

A paranoid person wouldn't even bother installing the OS, but keep a privacy oriented live linux iso around that can be used occasionally (such as for creating and managing cold wallets). Especially useful if you are using somebody else's computer.


Does this sound like too much of a bother? That is exactly what the wrongly called "hackers" truly exploit in the end: People's laziness.

I was also thinking this is a bit overkill for beginners. In fact multi-sig addresses is something most people can ignore completely and might never see for years.

In an ideal world everyone should be using bech32 addresses already, but then you will still have to warn people SegWit addresses might start with a 3 as well as a bc1 for "legacy" reasons.

And what about those legacy Litecoin addresses starting with 3?

From a newbie perspective this is a mess, the definite fix IS bc1 but old wallets can't work with them so "just in case" we still use those starting with 3... But we shouldn't.


True content for this thread would be something along these lines:

TL;DR: Addresses starting with 3 are (very likely) SegWit, but they could rarely be multi-sig and extremely rarely, legacy Litecoin addresses.
Those starting with bc1 are (definitely) Bitcoin SegWit and should be used in most situations unless an outdated wallet or site still won't recognize it as a valid Bitcoin address.

Caracazo

This stupid taboo caused the ruin of the country. Because of this, the military became more corrupt than ever, decades of corrupt to their root officials unwilling to move a finger against their accomplice De-facto gov. When socialists came they gave them even more means to make money, now they could traffic food and medicine besides gasoline and drugs, and lately precious minerals. The price of all this, is the misery of everybody else.

And it all started by giving the gasoline away for practically free. Socialists extended it to everything else, and everything else became scarce, expensive, and a source of illicit money, and a need to bribe to obtain it solidifying the culture of corruption. Some (old enough) Russians will probably recognize this pattern from the Soviet Union, i'm sure, and their former satellites.

"Caracazo" was over in less than a week, a month later everything was back to normal. The blackout of March alone was far more worse. And people started looting as well, but the socialists deployed their SA style armed irregulars and stopped people gunpoint (and killed some too), along with the armed forces of the military and police.

I also believe that without ending this horrendous subsidy this country will never recover, it is at the core root of the problem. The military will probably attempt to stage a coup because this is the same as taking the drugs from drug traffickers. I also believe all these decades of corruption has irreversibly damaged the military and the police, and should be completely disbanded, and the police redone again, the military is useless. among many other things that politicians don't dare or think to do, this country has no hope.

Hmm too bad you didn't ask in the Braiins OS thread. It is possible to install it to all of them using a python script of theirs. AND you can go the other way, overclocking, if you don't care about spending more per hash. 16T or so is possible using the 1600w PSUs or a bit more with the 1800w ones.

I suggest you officially post the bounty offer (Service demand?) in the Services area to get things moving...

No, the inflation rate on their fiat would go on normally, because adopting bitcoin doesn't magically make the peso "strong". But of course listing things in bitcoin price will make it look that way if you ignore the peso price going up and the bitcoin price going down on the same item.

In a way, it would halt the inflation, because its like telling people to start using gold coins from now on. Argentina can have dual coins, like Peru with the USD, or get rid of the peso entirely but that would probably cause more confusion at first than simply letting both be used for a transitional period at least.

To adopt a "strong" currency (ie. like gold) adopting Austrian economics is a must. You have to get rid of debt asap and force banks to adopt 100% reserve system, and close the central bank because you won't need it anymore. If you only adopt the "strong" currency but keep the rest intact, you might be getting in a worse situation similar to what happened in the 2000ies, because that's was Chicago economics, the one socialists mistakenly call "neo-liberal", Ie. Friedman et al (Growth by debt, instead of growth by "true" accumulation).

First tell us which version you are running. If you are running a LTS version (which you should, as non LTS Ubuntu is beta quality at best) that is 16.04 or 18.04, there is a PPA provided by LukeJr.

Remove any bfgminer you might have installed using synaptic, then all you have to do is add this PPA and install the package. The instructions would be as follows (in a terminal):

sudo add-apt-repository ppa:luke-jr/bfgminer
sudo apt-get update
sudo apt-get install bfgminer

Then you can run bfgminer at any time from the terminal.

Its probably just more internal rhetoric as usual, possibly staged for the "masses" to be kept in check. This is a government whose primary principle is: military power first, and it also happens to be hereditary, not unlike the monarchies of the past.

"NK State media" is redundant. EVERYTHING in NK is State owned. Its a socialist state inspired by Stalin, of which Kim Il Sung (NK's founder) was a big admirer. things went bad when he died, with both China and Russia which were both pissed back then by the Stalinism of Kim.

So they poured everything into the military and had great famines socialism always produces (just like Mao). At the same time building things nobody wanted (such as that spaceship shaped hotel in Pyongyang) while the people remain in eternal poverty and suffering.


But oh, Imperialism™ bad, "communism" good, uh huh... See how well it worked in history: Socialism always does the same, coercion by the state. NK is a perfect example. The people there can only hope for a German style reunification, where the wealth of the south will revitalize the neglected and exploited north. But this can be traumatic at best. Decades of a socialism system does weird things to humans, not unlike what happened to the Soviet Union when it disbanded.

Perhaps, since Thailand is a Monarchy ruled by a military Junta. I'm not sure a house on a stick warrants such a high penalty, but they might see it as someone defying the "king's sovereignty" or such...

I told him an actual ship was better, it moves, can easily go into international waters... Oh well.

Seriously, nobody but you would spit such stupidity. Washington what, Maduro neglected our electric grid. Stop spreading lies about a country you have never even been to... Whats next, haarp produced the earthquake? Your kind seems to never learn, the more you speak these the more a fool you make of yourself.

Of course you don't care a cultural heritage burns, like Mao (and Maduro), you probably dance in happiness when these tragedies occur, what with "the symbols of exploitation", just hold your red book high marching proud, what could ever possibly go wrong when the "new man" comes?

More importantly the water stops, and it takes at least 4 days to recover the water to the city once power comes back...

Guess what the "socialist" gov did for Easter? "To reduce the electric rationing in the country side, the water system for the city won't be electrified during these holidays". Indeed yesterday the whole city went dry (again). We shall see if it takes another demonstration (with the usual deaths caused by the gov goons shooting at them) in front of the presidential palace to make them wake up...

In "socialism", only the vast majority of the people suffers, not the elite in power. Ironic, given their rhetoric, but that is always the result from an ideology based on coercion and "class struggle" rather than freedom and peaceful development.

Then you have an excellent opportunity to move all your savings before the true crisis hits. When its already late you won't be able to protect most of the value, but now before crisis hits you have the highest chance of keeping most of your savings value (or even increase it if the market favors you).

Don't wait until your economy crashes, it will be too late by then.

Just be smart and learn to use cold wallets, nothing online or plugged is safe enough. But nobody can touch your cold wallets when done correctly. (using the linux live iso method, for example).

At some point you should be seriously scheduling this. I got an independent report from a miner that reached 78t/w on S9s using BraiinsOS. You have a serious profit incentive to do so... And the longer you take, the more you lose.

It is smart not to jump when anything "new" comes, especially if you are committed to so many units. You should have waited patiently for reports from others. When i first heard that S15s did this, i got the feeling they might be tempted to "port back" the same garbage to their older units, and indeed they have...

So with 100 S9s how much do you think 78t/w would consume? Why, 1.3PH @ 1014KW of course. I bet you currently are using around 1170KW, does saving 156KW sound good enough for you?

Besides if you go BraiinsOS you can downclock and aim to 10T per unit at 800ish W and much lower temperatures, not as nice as 78t/w but a decent 80t/w. How much are you consuming with this 2019 firmware right now?

Ok, you can always wait if someone can break it via software alone, or perhaps give them financial incentive to do so (post a bounty in services?)

Seems they won't be really doing it, they just want to "tax" some more money from it. But if they "do" it, its wealth that is simply moving elsewhere, such as Mongolia or Siberia. In short, their loss.

Pollution? Ridiculous. Bitcoin has little or nothing to do with pollution. China's weather is a bad combination of desert sand-dust and more traditional industries, especially given their massive use of coal, which is a reason they built that three gorge dam in the first place...

Besides bitcoin is self regulating itself in that regard, unlike what the PoS fanboys want to make people believe, mining will become unprofitable AT ANY PRICE if you don't produce your own "free" energy from renewables, so this will cure itself by simple market forces. Yes bitcoin price is climbing, but mining costs will rise faster than the bitcoin price, provoking a slow but steady reduction in mining (which is what you see every-time miners complain and quit, a design working as intended).

The last miners will be those with renewable energy, mark my words. The current generation of grid only mining will shrink and disappear, its only a matter of time. You may debate how long this will take, same as debating bitcoin price going up, but not the trend in the long term. We know it because of the code, which cannot be changed unless the vast majority agrees.

Good for them. I remember when we had such a little inflation, things were so good but we didn't know it...

Like us, they are probably simply seeking refuge for their savings.

The best thing their central bank should do is: Nothing, leave the coin free, and never ever "print" more, like we did. While last year they reached 55%, what do you think us did closing above one MILLION percent? Estimates indicate this year (should the de-facto gov remain in power) inflation will reach 10 MILLION percent.

Even with our soaring inflation (and with various media stating things like in this article) people here are yet to use openly use bitcoin for direct transactions. Everything is come and go from fiat. So the exchanges are the ones benefiting the most, unfortunately.

Argentinians fear the word "corralito". We have been put under that for more than 4 years now... Currently you are only allowed to withdraw barely the equivalent to 1 USD per day from a bank. They keep bashing Macri, only because they don't have Maduro; but they should remember their own history.

If Argentina sticks to free market economy, and doesn't go the way of protectionism or socialism, and instead pick classic liberalism or even better adopt Austrian economics, the country will recover, and i wouldn't worry the least. But if resulting from this, a socialist has a chance to return to power, then run for the hills (the neighbor countries).

Brave is Chromium with a slightly different look and a couple of bundled extensions. If Brave is not good enough for you, then Chrome isn't either because they are 99% the same thing. You could say the same thing about Opera and all the other Chromium based browsers out there.

See for yourself, try this url on both browsers: chrome://version/

And the price is?

Oh i don't think you understand how the fuel business work, and its not about Cuba, that was on a different level. Gasoline trafficking lets them transform 100USD into 40000USD by crossing the border, that's only 1 cistern truck. This has been going on for decades, getting more lucrative by the minute (they LOVE hyperinflation).

Because of the ridiculous subsidy, gasoline is essentially free. A decade ago it was estimated 2/3rds of gasoline production was smuggled out of the country. That was when we still actually produced our own gasoline... Instead of importing now that we let our State owned refineries rot.