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641  Bitcoin / Bitcoin Discussion / Re: Not your key not your coin, your bitcoins on exchanges are not insured on: July 29, 2022, 10:14:14 PM
That also applies to most large investment banks and Financial services companies that hold funds for large investors... FDIC only insures individual accounts up to $250k. Consumer-oriented banks and Credit Unions are *not* required to be insured -- but of course for obvious reasons most do sign on to FDIC insurance. Even at current BTC value in USD it's not that hard to be HODLing coin worth more than that.

That said of course the Best Practice is to keep the majority of ones coins in a safe custodial cold wallet and only have 'playin' around money' on an non-custodial exchange.
642  Bitcoin / Mining software (miners) / Re: [Help needed] Sha256 opencl kernel needed on: July 29, 2022, 05:11:58 PM
Um, as BitMaxz already said - it is beyond useless to use a CPU or GPU to process Bitcoin hashes. Given the current difficulty and even going back to around late 2013t the time taken to process even a single hash cycle is many magnitudes too long.

Now sha256 altcoins - that is a different matter as there are several that have a low enough difficulty that they can still be mined with CPU/GPU's. If you intend pursuing this please move the discussion to the altcoin areas as it has nothing to do with Bitcoin...
643  Bitcoin / Hardware / Re: GekkoScience has a new stickminer that does 300+GH on: July 29, 2022, 12:23:02 PM
^^ Please learn how to use quotes correctly... You've been here long enough to know how to not make the entire post look like a quote. Roll Eyes
As for the CPU stuff... unless you are running dozens of sticks from 1 computer a RasPi does just fine.
644  Other / Off-topic / Re: Will banks inflate Bitcoin in the same way that they do fiat money? on: July 29, 2022, 02:47:15 AM
sigh,
Quote
One of Bitcoin's key advantages is that it is meant to be restricted to 21 million coins. As a result, it would be an excellent store of wealth and an inflation hedge.
But what stops banks from producing it out of thin air, just as they do with dollars and euros?
<snip>
So, if Bitcoin becomes the new money, individuals will soon "possess" billions of them collectively, right?
Is there something I'm missing?
Yes there is something you are missing - the slightest bit of knowledge of what BTC is and the rules behind it. BTC is 1 very specific crypto coin ran on just 1 blockchain network. It can only be produced 1 way and that is through mining it. Banks/governments/space aliens cannot change that fact and 'just produce it out of thin air'.

Now, can they come up with their own shitcoin? Sure. But it would not be Bitcoin. It would be just another crappy altcoin.
As for
Quote
individuals will soon "possess" billions of them collectively
Very few folks would have multiple Bitcoins but many *would* have the ability to spend fractions of one IF BTC ever reaches truly astronomical value per-coin.
645  Bitcoin / Bitcoin Discussion / Re: This Made Me Angry on: July 29, 2022, 02:20:22 AM
Quote
Regulation D is a federal law that keeps consumers from making more than six withdrawals or transfers per month from a savings account or money market account.
What country do you live in? I'm in the US and in the 50+ years that I've had bank accounts I have never - repeat NEVER EVER - ran into any restrictions in how often I access and use my savings accounts.

The Money Market ones, again, can't say I've ever had an issues with them BUT I can see and understand restrictions but that is due to what they are intended to be - a reserve and (very low yield) investment vehicle and not an account with frequent inputs/outputs. Banks expect to be able to use those funds to generate revenue through loans/investments/etc so yes it would make sense that they have gov backed rules to control that.

Then there is the issue of Debit cards which some folks love to use instead of carrying cash. When you use one that is a direct withdrawal from the acct it is tied to and that makes it very easy for folks using them to do more than 6 tx's in a single day...
646  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be transferred from hardware wallet to paper over radio? on: July 29, 2022, 01:35:09 AM
Back to the original title of this thread, "Can Bitcoin be transferred from hardware wallet to paper over radio?", then we need to clarify what a hardware wallet (or the wallet residing on the copy of Core you can run as a BTC node) is and does...

a. All a hardware or Core software wallet does is store your private keys along with public addresses derived from them and work with the accounting side of wallet software. BTC is NOT stored on the wallet. The coins themselves exist only in cyberspace waiting to be accessed through use of your keys.

b. It is not until you want to spend or receive BTC that the network itself comes into play.

c. The firmware in the hardware wallet along with software that comes with it should allow you to print out said keys or at a minimum display the keys so you can write them down - in other words you just moved, well to be more accurate copied, ownership of your BTC to paper.

d. Given 'b' and 'c' no network access is needed as you are not moving coins, just adding another location where the keys are stored.

Now, if the OP intended to ask, "can you use BTC by having a mesh packet radio network setup", of course the answer is yes. All it requires is the mesh network having an access point somewhere that is connected to a 'real' network so it can access the BTC Mainet and for the user to have a PC with wallet software tied to a transceiver that can access the packet radio network so your Tx's are eventually fed into the blockchain.
647  Bitcoin / Hardware / Re: Looking for 4 S17's to buy on: July 28, 2022, 10:55:08 PM
ebay.com
Be assured that anything you buy from ebay is likely to be WAY over priced and high risk of being scammed.
Plus, considering the S17's have been out of production for a couple years they certainly will NOT be new...
648  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be transferred from hardware wallet to paper over radio? on: July 28, 2022, 09:52:25 PM
Shouting?
Er, no. Just providing needed emphasis that the OP's scenario cannot happen. As others have already said, the continued operation of the BTC network would be the last thing people would be caring about.

As a very singular and isolated edge-case, sure, it's a valid speculative question but rates up there with "How many angels can sit on the head of a pin"...

As for
Quote
The United States has an internet kill-switch, and it can be pulled by any president. Russia has temporarily shut off their internet to the rest of the world, and China is making it increasingly harder to use VPNs and Bitcoin.
No the US (nor any other country) does not have code that can be sent out as a 'Kill switch'. Does the US and several other countries have the ability to screw with/attack the internet? Sure. Thing is the global networks are just too independent and self-healing for any attempts at 'killing the internet' to have long-term success. Yes the various countries that hold the major DNS servers and undersea intercontinental fiber trunks end-points can easily muck things up for a while if they want to and can certainly take down/control networks within their borders. As China found out when they tried having the GFW redirect certain address queries eventually ways are found to circumvent it.

The most prominent example of how the internet functions outside of ANY government control is the DarkNet/Web which is comprised of a gazillion independent servers that are directly accessed via their actual TCPIP addresses. Unless one takes down every single ISP along with every possible way they can communicate (fiber/radio/old-school copper/etc) with each other in every country on Earth the networks will survive. Won't be particularly fast or reliable though.
649  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be transferred from hardware wallet to paper over radio? on: July 28, 2022, 08:57:30 PM
Quote
Okay, if I’m understanding correctly, if the United States shut off the internet then we would need someone in Mexico or Canada to confirm all transactions over radio, which would probably be impossible.
Um, in what sort of reality does one live to think that the US or any modernized country would ever 'shut off the internet'? For virtually all countries these days ALL communications be it telephone, data exchange, video, etc. sooner or later runs through the internet so any country deciding to block the networks in said country is simply NOT EVER going to happen unless they want to commit economic suicide. As for any country being able to globally kill the internet, again that is simply NOT possible because by-design the networks WILL find other routes to re-establish the links needed to find each other.
650  Bitcoin / Bitcoin Discussion / Re: Most BTC you've spent on something? on: July 28, 2022, 05:23:35 PM
Aside from the 1st 3 miners I bought back in 2014 using fiat, my farm was expanded/upgraded to the latest/greatest ones as soon as they were released -- all paid for directly using BTC. Per my records to date that is over 95BTC... One of course has to remember that for a long time BTC was worth only a few hundreds of $ so a miner costing 2-3 BTC was not uncommon. Can't say I regret spending them as I still have a tidy amount tucked away but nowhere the total I've earned mining.
651  Bitcoin / Bitcoin Discussion / Re: Website browser with mining features on: July 27, 2022, 10:30:27 PM
<snip> Yes of course, i didn't post the link because i didn't know if i could, i mean dunno about the forum terms Smiley. This is the link : <link removed>
yep. along with another with the words cryoto and tab in the 'browser' name. Beware of anything even remotely sounding like them. Main thing is that too many folks forget is DYOR to understand what crypto mining is and not blindly adding a sparkly application with the allure of a 'Hot Thing' to their PC or other device. Kudos to you for asking before delving down the scamsite/idea wormhole.
652  Other / Off-topic / Re: Smoking on: July 27, 2022, 09:48:53 PM
Quote
It seems to me that two times a year is even a lot.
No, is part of the bi-annual physicals I've been getting as long as I can remember. Tar and the damage it can cause shows up on x-rays and the docs often comment on usually seeing more clouding from the non-smokers with it due to poor air quality, working in dusty areas, etc. As I said before, I'm a Lucky one with apparently excellent genetics that do an excellent job of cleanup. On both sides of the family going several generations back folks have generally lived for 95-100 years. btw: many were lifelong smokers... Just sayin' Cheesy

To be clear, I'm not saying that smoking is always harmless. For many folks it certainly can exacerbate pre or latent medical conditions while for others - zero to only very minor issues caused by it. A myriad of other things including ones general environment can also do it and smoking may/can amplify a persons sensitivity to those other factors. It is up to the individual to decide to roll the dice and smoke -- not others people/society.
653  Other / Off-topic / Re: Smoking on: July 27, 2022, 09:01:15 PM
I'm 66 and have smoked since I was 15. Still in perfect health with zero problems.
Ask your doctor to take a picture of your lungs.
That's done 2x a year and they look near perfect. Lung capacity test always amazes the docs as as it's consistently equal to most healthy non-smokers. Point here is, genetics are most important when it comes to health and how much damage that lifestyle inflicts. Some folks seem almost immune to many things while others are susceptible to almost anything for any reason.
654  Other / Off-topic / Re: Smoking on: July 27, 2022, 07:38:44 PM
I'm 66 and have smoked since I was 15. Still in perfect health with zero problems.

Smoking is a great distraction as a way to relieve stress and relax. While I would not suggest that anyone *starts* smoking it is certainly not a 'if you smoke you will die from it' thing. I also think that is not something that Karens and governments need to care about.
655  Bitcoin / Hardware / Re: How did this Hardware work in mining bitcoin? on: July 27, 2022, 02:32:19 PM
Quote
here are four USB miners that I know that mines Bitcoin the Block erupter, Newpac, Compac F, and Antminer U1 USB miner.
Ya left out 2 of Sidehacks other sticks: His original Compac and the TwoPac that used the S3 chips. The Compac had 1 chip and the TwoPac had <drum roll please> 2 chips. Wink
Und ja, that looks to be a Block Erupter from ASIC miner. I believe it used a chip from Bitfury.

Back in the day they were pretty good but these days even compared to an old Compac it is horribly inefficient. Current best stick made is Sidehack's Compac-F that does over 300GHs while pulling less than 15watts.
656  Bitcoin / Hardware / Re: GekkoScience has a new stickminer that does 300+GH on: July 27, 2022, 12:19:49 PM
Let's see, 15 watts max per stick x 5 sticks per hub x number of hubs, add in Terminus power + 20% reserve margin...
Yep, must be rocket science  Wink
657  Bitcoin / Hardware / Re: GekkoScience has a new stickminer that does 300+GH on: July 26, 2022, 03:10:05 PM
i think i saw somewhere (now i don't know if here in the forum or somewhere on twitter) that there is also a power consumption indicator/display for the own small gekko mining farms, which is connected via usb to the respective hubs. or am i wrong here? Roll Eyes
That would have to be a stand-alone device. AFAIK the hubs do not have any voltage/current monitor circuits that can provide the signals need to report power used and report it via USB.
658  Bitcoin / Mining support / Re: Need Help with diagnosing 3 S19's with possible PSU failure. on: July 25, 2022, 09:48:08 PM
PLEASE use the code tag on that text wall to knock it down to scrollable box ... The icon for it is  #
659  Bitcoin / Hardware / Re: GekkoScience has a new stickminer that does 300+GH on: July 22, 2022, 03:26:22 PM
No. Each worker (stick) is mostly independent of the others and are doing their own work at their own pace but acting together report results to the pool as a single user with multiple workers.

Ja, each hub must be plugged into it's own port on the PC. You never want to use just 1 port and daisy chain hubs one after the other.
660  Bitcoin / Mining / Re: S19 Power Requirements on: July 22, 2022, 03:15:50 PM
Quote
From what I've gathered here, PSUs wouldn't ride through any sort of transient voltage levels below their spec stated range, and would require additional equipment to handle the transient cycle-level dips of great magnitude.
Correct.
The PSU's used by Bitmain and Canaan do provide the hold-up time spec but as with just about any PSU it is a very short time of at most 2-3 cycles (at most a few 10's of ms) which is just barely enough time for say, a relay in a standby UPS or a switched voltage regulator to operate. I'd assume that other PSU's used by Innosilicon or MicroBT are similar.
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