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It's all really going to depend on the price. This will determine WHO is mining not if we can still mine. Nothing more, nothing less.
If the price is high enough then big mining farms will continue to dominate. Make no mistake about it. If having 1 miner makes you $1 a day then having 1,000,000 miners will make you $1,000,000 a day so if you have the money you buy as many as you can.
If you cannot make money then the larger miners are going to go away and mining will come back to the home.
If I loose $1 a day but I enjoy mining bitcoin then guess what I am going to keep mining it with something sitting in the back room [So long as I can run it on 110v and it's quiet]
So, it's not "For how long can we actually mine ?" it's how long can big miners keep mining. For people mining as a hobby or for fun, making or loosing money is a secondary consideration.
Just my view.
-Dave
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Agreed, three years for the US Prosecutors to take action is a fine example of how slow & incompetent they are. Had they visited this thread three years ago they could have saved a lot of gullible people a lot of money.
Oh well. At least they got there in the end I suppose.
Kudos to tmfp yet again.
It's not that they are slow, it's that they want the win. A lot of the time with a lot of cases you never know the outcome you have lawyers arguing both sides. When the US attorneys show up with a big fraud case you know how it ends. They go in for the kill so it takes time. A lot of time. Kind of like with GAW, everyone knew it was coming but it took a long time to get there. Now we can debate if it was a long enough prison term, but the end was never in doubt. -Dave |
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Verifying the signature is another form of security to make sure the file you downloaded is the actual file it is supposed to be. If you go to the download page https://electrum.org/#download they have a link on how to do it: https://bitzuma.com/posts/how-to-verify-an-electrum-download-on-windows/Note that even now you are trusting me to send you to the correct website, you really should not do that and not click links but instead get there on your own. Also, please do a backup of your default_wallet file before doing anything (or whatever you originally named it) yeah you will probably be safe. But, probably is not as good as I have a backup in case anything goes wrong. -Dave |
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All you need to do is open the same wallet file and Electrum does the rest. The default wallet file is named default_wallet so if you did not choose another name when you set it the original version of Electrum up all you need to do is open that one. If you can't find it, then you can create a new wallet with your seed words (DO NOT NAME THE NEW ONE default_wallet) IF YOU NAME IT SOMETHING ELSE IT YOU CANNOT OVERWRITE THE ORIGINAL IF YOU NEED IT AGAIN FOR SOME REASON. Also make sure you only download it from https://electrum.org/ and check the signature of the file. -Dave |
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This is for the newer android version so I don't know about the ios version.
Under the advanced settings there is a way to show the derivation path. If you have the proper seed then you probably have to check that.
Also, see if you can sync using tor (once again it's the android version don't know about ios) The tor servers used to be different then the main ones, so that might still work.
-Dave
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I know it's been discussed before in the thread, but I just came back to my office from one of my clients that has an embedded device that was dead. It is nothing more then a Pi in a case in the back of their id scanner.
Cause of death...a power adapter that probably cost less the then the $0.25 I put in the parking meter in front of their office because it's raining and I didn't want to park in the free lot and walk.
Seriously, I put in a phone charger that I had in my trunk and they were back online. I cracked open the dead one and it was so poorly constructed I was surprised it ever worked.
-Dave
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I have no idea what I searched for that none of that came up. Doing it again a lot came up. Would love to know what I actually put in the search bar, that's the problem with duck duck go, no history. Will take a look after work to see if it helps. Thanks, Dave |
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The RPi has it's own hardware TRNG (True Random Number Generator). It outputs 1 million bits per second, so you don't need to spend a lot of time to get 1024 bits, or 512, or even just 256 bits. Then use that as seed to a faster PRNG or even SHA256 to generate private keys.
Since I'm stupid and can't find it. Can you point to any docs on how to use that instead of the CPU, which I assume it's doing now. As I said I my friend who does programming taking a look at it in a month or so, but if it's simple I should be able to do it. Thanks, Dave |
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Good points. I guess I didn't really look at the other side which really is that you are more likely to drop off for weeks / months on a car / bike / boat forum then you are here.
So here if something goes wrong you are going to notice. I probably will not even check the email that is associated with the bike account till the spring.
-Dave
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tbct_mt2 raised some good points.
May we know how is the unlocking process in that forum you mentioned?
You set it to x days y hours and after that it auto unlocks. Or you can preset a pin so you can unlock it early. It's an motorcycle forum and the issue had become that this time of year people would drop off for months. Then come back to discover their account had been compromised. So you can now lock it for the winter. I don't think we need anything as long as that here, but if I know I am not going to be around or posting for a week or two I can just lock it down and forget it. Even if someone grabs my laptop while traveling, no big deal they still can't get in. Yeah, I have my PW saved if firefox, bad I know but.... -Dave |
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Just saw this feature on another forum. Don't know if it can be done here or not, but it looked interesting.
You can set a lock on your account for "X" days and it cannot post / change password / or do most other features.
It's kind of like setting an away message on your office email.
This way if you know you are going to be offline and not logging in for a while it prevents some account compromises and such.
It also lets other users know that you are not ignoring them. That is probably less important here but possibly good to have.
Just thought I would put it out there for discussion.
-Dave
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Platinum? It's less expensive then gold but it does have a much higher melting point so the actual making of the spoon would be more difficult.
I have always thought it would be neat to have some stuff with "oddball" metals.
Zirconium is light so it would be weird to have a what looks like a standard thing but it is much lighter.
Tungsten would also be cool.
-Dave
Platinum I can do, zirconium I have no idea at the moment but I can look into it, and Tungsten isn't workable with heat. It has the the highest melting point of any metal (6200F / 3420C) and I believe rather than being melted to combine multiple bits of tungsten together, its sintered. The mention of the gold spoon was 99.95% a joke by the way. To save other people the googling time: sintered = produced by or subjected to sintering (the process of coalescing a powdered material into a solid or porous mass by means of heating without liquefaction). -Dave |
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Ugh I never imagined I'll never get more merit to give.
Gold would be a bit expensive, why you don't try some exotic metals that ain't as expensive.
Exotics are fun but hard to source and are often full of surprises. That said, if you have a suggestion I'm all ears and I'll at the very least look into it and give you a proper response as to why its a good or bad idea. I picked silver first because besides being my forte, its actually a suitable material for dining ware. Making this spoon out of gold is really a pipe dream, I mean I could do it, but it'd be something like 4 oz of pure gold or ~0.8 BTC just in metal. Not really that great of an idea. Platinum? It's less expensive then gold but it does have a much higher melting point so the actual making of the spoon would be more difficult. I have always thought it would be neat to have some stuff with "oddball" metals. Zirconium is light so it would be weird to have a what looks like a standard thing but it is much lighter. Tungsten would also be cool. -Dave |
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Twisting the knife a bit.
Look another empty block # 607,275 yes it was quick, but 14 seconds should have been enough time to get some work done. At least you would hope it would.
Might be time for them to retire the old 486 that they are running the pool on and get a nice new i7 or something.
That or I don't know, update the code.
The next block was 23 seconds after their block and had 185 transactions in it.
-Dave
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As near as I can tell the mempool was cleared with block 607,270
If your transaction still has not been confirmed there is another issue.
If it cleared good, if not as I said before post your TXID so we can take a look at it.
-Dave
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What is your txid? without that we cannot see what is happening.
There are some accelerator services some are free some are paid.
Also, as of now [4:05 PM EST] there are only about 6000 pending transactions.
So long as you are not at 1/sat byte it should clear soon.
-Dave
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