Like this game. Well presented, functional and good community.
All things that are important in a site like this.
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Not that it makes a lot of sense to clone the blockchain either unless Jihan is going to beat the competing blockchain(s) into oblivion, but creating a Bitcoin copycat from scratch is just stupid and meaningless. Who would be using this completely centralized coin?
His goal obviously would be to get other miners on board, so that the "Bitmaincoin" would not longer be centralized. In this case, Jihan/Bitmain of course at the start would have a high degree of control over the implementation as he would be the first mover and maintain the first code repository, but in theory it would continue to be an decentralized open source project and everyone could create an alternative implementation. If it was not planned this way, you're right that it wouldn't make sense for Bitmain to "fork away" But without users on board that would be an exercise in stupidity and futility So the only viable way for them to "fork off" is to take the Bitcoin blockchain (otherwise no one would seriously consider their Bitmaincoin as Bitcoin at all) with all the transactions and Bitcoin balances. But that would instantly mean a war, a devastating war of blockchains that would be rather interesting to watch (provided you don't have any bitcoins) but which would most certainly lead to Bitcoin total annihilation within a couple of weeks So with that in mind being there possibly could be issues down the line how many of you are taking steps to secure any investments held? I think if everyone thinks this is a possibility then not only would the price crumble but people could possibly lose everything. I think there is a large portions of users who are moving to alt coins in the run up to august. mostly by the fear of something horrible happening to bitcoin.
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No 2F.... really.... Why would you not protect your assets with as many layers of security that are available to you...
I think the outcome will be one of well sorry but it's your responsibility to ensure your account stays uncompromised.
Further to this your machine must be compromised some way for attackers to get access to the account in the first place.
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ASIC should never of been allowed to dominate the market like it did.
Bitcoin would of done just fine sticking with GPU miners. and it would of kept bitcoin in the hands of the many not the few who have a monopoly on asic.
ASIC resistant blocks is what we need. Give bitcoin back to the people.
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"bestshare": 480552599.9442363, "bestever": 480552599, Still only 300 Million off the difficulty level. But hey.. It's heading in the right direction!
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Yep.. Not looking good. Think we have seen not only a sustained correction period but its possibly been influenced a lot buy the markets this time. Everyone know's its a bubble and it will pop.. only delusional people think that sustained levels like that can be achieved think about the strain on money flow for exchanges. I would be happy to see the price settle back down now after the hype again more people would be willing to get into bitcoin if the price was say 500-1200 mark. when we see things like $3000 it prices the average person out the market. if we see a kickback to the sub $1500 range I think we will see great things.. Oh and that's only if this war over UASF, UAHF, BIP and Shitwit doesn't destroy what we all love so much.
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Ask yourself this.. Would you be more pissed if you lost your own money.. or someone else lost it for you..
Once you can answer that.. You will know what choice to make.
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Came home saw this on the miners screen FoundBlocks 1 - Got very excited!
Can't seem to see any payout though?
Also this is a old S3 which was even more of a surprise!
That shows a best share of less than 6.2 million; if you found a block, it wasn't a Bitcoin block (which has a diff of 711,697,198,173). An error in the Antminer firmware, maybe? Just a little off then the mark then lol. I was thinking that as there seems to be a lot of HW errors also. Dam... Was well excited when I saw that. I also flashed the firmware about a week ago it seems to be better since then. Ill keep her rolling
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Came home saw this on the miners screen FoundBlocks 1 - Got very excited!
Can't seem to see any payout though?
Also this is a old S3 which was even more of a surprise!
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Not everyone believes in global warming. However most people agree that significant environmental change has occurred across the globe.
What changes could we adopt to have some real impact on the environment.
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By the way, if you've all only been remotely watching the scaling debate from a distance, segwit2x appears to truly gaining enough traction to bring segwit activation to the fore. The pools that signed the agreement just started signalling for it and it is taking off faster than any other scaling signalling. See: https://coin.dance/blocksUnlike the original proposal, it includes BIP91 meaning it is compatible with core's segwit now. The rapid adoption of segwit2x, which with the addition of BIP91 means that miner activated segwit is now likely on the horizon at last, and since there is overwhelming support for it and the associated 2MB hardfork in the future, that may also follow. CK, From what you have seen over the years what do you think the activation of this would bring for the network? Some are saying that we could possibly see a revert to 2014 / ish year difficulty drop if bitmain follow through with there "intended" plans? What is you view on it and how do you see it being played out? Thanks What I see happening is BIP148 user activated soft fork will be a miserable failure but it won't matter. By that stage most pools will be signalling segwit thanks to segwit2x. Segwit will get activated and then fees will remain low, blockstream will not commandeer the blockchain, lightning network will not centralise transactions, nothing bad will happen and everyone will wonder what the fuck all the fuss was about. There will be no need for antpool with Jihan at the helm to create an aggressive hard fork against UASF; that was always a bullshit powerplay "I want my lollipop back" from Jihan as a counterthreat to UASF which hasn't got anywhere near enough traction to be relevant anyway. So nothing will happen to diff, there will be no fork, there will be no change of PoW. Forget the talk of diff drop to 2014 levels; that's off the cards entirely. The confidence that consensus will instil in the market will be reflected by yet more BTC value increases... till the next phase. The fun part is now that most of the pools are agreeing on what to signal next, transaction fees have suddenly plummeted due to total transactions plummeting - which means it's almost certain that someone amongst the pool groups was the architect behind the transaction flood which made it look like there was a transaction block space crisis. There's no economic reason for the total number of transactions to crash the way they have over the last week with BTC value being so strong right now. After that people will be left scratching their heads wondering if we even need a 2MB block size increase at this time, but because all the pools made such a fuss about it, we'll have our next debate, but the pools have already insisted they want a block size increase and signed the NYA. I'm not sure how core will respond at that stage because that will be the true test of whether the miners can effect a change in consensus - but despite all the anti-core rhetoric, core dev has always overwhelmingly said they would do a block size increase but with a much slower time frame than that proposed by segwit2x simply because the regression testing required to confirm a hard fork is safe is substantial. I predict we'll get a 2MB base blocksize increase as well, though how and when I can't tell at this stage. By the way, the current segwit2x "signalling" is just a show of support in their coinbase signature and doesn't change the way anything operates. However what it is saying is that they will be actively signalling from mid-July for segwit. Said like a true champ! Thanks.
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By the way, if you've all only been remotely watching the scaling debate from a distance, segwit2x appears to truly gaining enough traction to bring segwit activation to the fore. The pools that signed the agreement just started signalling for it and it is taking off faster than any other scaling signalling. See: https://coin.dance/blocksUnlike the original proposal, it includes BIP91 meaning it is compatible with core's segwit now. The rapid adoption of segwit2x, which with the addition of BIP91 means that miner activated segwit is now likely on the horizon at last, and since there is overwhelming support for it and the associated 2MB hardfork in the future, that may also follow. CK, From what you have seen over the years what do you think the activation of this would bring for the network? Some are saying that we could possibly see a revert to 2014 / ish year difficulty drop if bitmain follow through with there "intended" plans? What is you view on it and how do you see it being played out? Thanks
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Bitcoins just the replacement for liberty reserve.
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not showing as connected in netstat checked a few commands.
Whats the possibility of these miners being used as web servers with busy box on them? Also there seems to have been a issue there is a error on the control panel that is showing.
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Was having a poke around inside a older S3 model antminer.
I recently flashed the miner with the following file from the official site. the MD5 checksum was a match before flashing.
antMiner_S320141013.bin update cgminer to v4.6.1; update miner status page; MD5: 87707C617911E6ABF0870040F773354D
I am buying miners 2nd hand and starting to wonder if these could be possibly being used to host illegal jabber servers or IRC or even web services?
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lighting network is the only way bitcoin or any other blockchain system to become mainstream as an everyday payment system or everyday smart contract system. Is technical impossible right now a blockchain system to have Visa, Paypal onchain volume. To do this it needs 500mb-5gb blocks. this is ridiculous for everyone to say that bitcoin can upgrade to this level onchain. Miners must accept that the future is in sidechain payment or lighting network and for the first time to start to develop their own tech solutions around it to begin to get profit from them. Because until now every day they payed from the others work without to return anything back to the ecosystem. From my own reading's ect I think lightning network has some vast benefits to gain but it also has its down sides as mentioned about, Miners need to realise they don't own bitcoin this is the problem its now a power struggle between dev's and miners which to be honest has the potential to damage the system we all love so much. While the lightning network (in future ) could have fantastic implications for bitcoin I agree right now its just not technically possible. We need to get past this BIP / SegShit dare I say turning point for the network then look to some serious scalability for bitcoin. I also agree back to GPU mining! ASIC should never of taken over the world of mining in my eyes. It put bitcoin in the hands of the few while squeezing out the many.
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where is the OFFICIAL topic? more noobs shit storys i fear..
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another noob with funds for 150 s9's. Listen. You think your home electrics can handle the draw of 150 S9? 1323W x 150 = 198460W I highly highly doubt that 1. you will be buying 150 S9's and I seriously doubt that you will run them in your home.. My advice would be go and learn, Read, also why would you buy s9's after what bitmain have announced they might do after the 1st august! https://blog.bitmain.com/en/uahf-contingency-plan-uasf-bip148/
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