Yea ... different blockchain... so i sent it to a wrong address,... so they are there but i can't get to them... hhhh nooob...
Basically unless the destination address for some reason does a reply attack, your coins are still on the MUSIC blockchain. They were never moved. Just download the main wallet, sync and send your coins that way. Just google "Ethereum Geth tutorials" and there are commands on how to write a command line script and you can send them that way. Currently its the only way with MUSIC as the GUI wallet is very buggy. Post here if you run into any issues or questions. |
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Next week should be an interesting week to see what happens with the network hashrate. Currently looking at: https://etherscan.io/chart/hashrateWe are at 160,000 GHS due to the recent bump in price. We are going to get the difficulty bomb removed so back at 14 second block times but we also get the issuance reduced to 2ETH. Depending what happens with the price, our profitability will most likely stay the same. At $200 ETH, I think the daily revenue will also be similiar since more GPUs will go back online. |
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Yes sites like PD and Stake have loads of BTC and don't need investments for their bankroll but it doesn't necessarily mean they won't offer it in the future.
A good example is Facebook. Facebook had massive money and they went public, why? To raise funds and invest those funds into other projects. And looking at the Facebook stock it was pretty succesful in doing so.
With Gambling sites its no different however at the moment its just not in their agenda most likely.
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Usually in a county with very high hyper-inflation like Venezuela it shouldn't be a surprise that people are buying Bitcoins and its getting massive volume. However keep in mind that people will pretty much buy anything there. Gold, US Currency, etc.
So I think the volume is good but it doesn't really help Bitcoin in the Macro-term because the volumes are tiny in proportion. However at least Bitcoin is doing what it should and basically providing freedom even in a country with such bad governments.
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ETH right now is at a very important area. Its either break or rejections and it will tell us the state of the ETH markets for the next few weeks/months.
This area was hit a few times back in 2018 on Sept 12th and Nov 14th and from the bottom it hit the area on Dec 24th and Jan 5th and was rejected.
So we will either get a hanging man/doji daily close and go back down or we will get a strong break and maybe hit $200 in the near term.
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The number you should be looking at is $4239 (Coinbase) or $4237 ( Bitstamp) because this is where we stalled last time we arrived from the yearly low of $3100. Some are thinking its an Adam and Even bottom however the day price reacts at $4200 is crucial for the near term of Bitcoins performance.
You shouldn't get too bullish however because this rally might be caused by ETH which is having a fork next week and usually these forks are "Buy the rumor...sell the news" and usually a dump starts shortly post-fork. But who knows maybe this time it will be different.
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Right now Crypto is way too popular for any type of profitable arbitrage opportunies. There are basically thousands of bots that monitor every single pair and every single price and they do arbitrage in seconds.
A few years back, sometime in 2014 or so it was different. If you had a lot of screen time and set alerts you could of easily arbiraged 2-3% here and there and net a good profit at the end of the week.
I remember I didn't even have to hedge, I would just buy on one exchange, withdraw it and it would usually arrive and confirm in a few minutes and would sell on the other exchange.
These days its impossible to find opportunies as such.
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I think we will EITHER go up from here to $4200, break it and head into the $4500-6000 area. Which means that we are at the bottom pivot right now.
Or we end up going lower and retesting the $3100 or 200WMA area.
Looking at the weekly chart shows that since Dec 2017, Bitcoin hasn't been able to close above a weekly candle pivot. So the $4200 is the real test.
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I agree with you!! so epic. Better specs than a camera imo
I like their update, it's so pro crypto but I'm not thinking of buying yet, this phone is very expensive and out of my budget now. This is certainly a big boost in the industry, samsung one of the biggest in the business are adopting crypto or helping to grow the adoption. Its a great update so far, so I wonder what would be the next step for Apple this year. I do love samsung before, and I know they are really making good phones and this current updat about cryptocurrency tells me something that soon the society will adopt cryptocurrency and those who do it early will enjoy later. What about the security, like if the software of the phone gets corrupt, then what will happen to the wallet as you should have some backup to load your old wallet. Its no different than if you've lost your phone or you dropped it into the ocean. You need to keep a copy of a backup somewhere. Most likely if you backup to a PC, the private keys will be encrypted so if your PC is compromised your keys will be safe. Until we get our hands on this phone, we won't know for sure how it will work. Maybe Samsung will provide Cloud backups also, hopefully encrypted and secure. |
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my rigs cost me about $12 per day in electricity
im mining about $18+ per day worth of crypto, which i will not mention
to me, i am still profitable which is why i still mine
i do not sell my crypto to pay for electricity, i do that out of my own pocket
i invest all my mining earnings into a coin that i believe will be worth something greater in the future (gambling)
you are not winning, your gpus are getting old and useless, at least you are being smart for not selling your coins but would have been lot easier just to buy the coins from your pocket and wait it to multiply. you trolls just dont get it. i am mining $18 worth at a cost of $12 how am i losing? 30 percent of any gains go to a IRS. Your time spent to maintain rigs has a cost The cost if the equipment to pay itself takes years. Saving up for new equipment every 2 years. That's how you can lose. All miners should be losing on paper taking Everything into account from a business operational farm perspective. Unless your a small timer and don't care for such things. what is a IRS? haha to be honest, i dont think i will be expanding my farm anymore when mining with my gear now truly costs more in electricity than earnings, then i will retire You must not be from the USA or watch any American movies. But IRS is the Internal Revenue Service and its basically the Tax Man you need to pay in April every year. Mining is considered income and not investment income so you are taxed just like working a regular job. 30% is standard rate if you are making a middle class income. In Spain there is still no regulation, but the electric cost is nonsense  I mine by hobby, by learning, by helping, ..., but I do not get benefit atm ... There doesn't need to be regulation for Cryptos for you to owe any mining profits on it. There are many ways of earning a living whether its mining or cutting hair. If you generate an income from it, you need to file your tax returns and you will be taxed as regular income. Many are confusing as mining being "tax-free" or being considered "a gift" and its not true. |
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Which block did you fork bitcoin from? Did you make a new Genesis block with Difficulty 1 or did you fork it from the current block height?
If its the latter then it will be next to impossible for you to find the next block, the difficulty afterwards would go down but its impossible for you to find enough blocks to cause the difficulty to adjust down.
If its block 0, then you can try and make a pool and just connect an ASIC to that pool using Getwork. From what I tried before, a regular old Antminer worked fine with Getwork.
There is also GPU software but you will need to dig for it since for the last 8 years nobody actually GPU mined BTC with a video card.
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I've done similiar coding before and tried to find some "holy grail" strategy using Microsoft Excel and had little luck.
Basically with a house edge even at 0.1% , you will always go bust when time -> infinity.
I tried to do strategies like "Only bet big after 15 losses in a row", or "Only bet big after 20 losses in a row" and the results were all the same. No actual edge was given.
Thanks for posting this. Gave you some merit for your hard work.
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Been a while since I've actually used Byteball. Just wondering if there are any use or markets yet for Blackbytes.
I remember there used to be a service which traded Blackbytes for regular GBytes at a 2% ratio or so. Wondering if that still exists.
I think I tried sending Blackbytes in the past but got some error, for some reason they can't be sent like regular Bytes and need to be sent a special way. Is there some tutorial which discusses on how to send these Blackbytes?
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I am pretty sure he is not using the Segwit addresses since they don't start with bc1. Addresses that start with 3 doesn't mean its automatically Segwit.
If someone posts a transaction then you can easily check by looking at the witness data.
To the admin, I am surprised as a Bitcoin site operator you never heard of the Lightning network. It was actually proposed years ago and only started to go live right after we got Segwit activation. Basically its a way to make many micro transactions off the chain instead of on the chain to save on transaction fees. Like a few posters back, even with fees this low on the bitcoin network currently they are still adding up and many will lose interest.
If you make it possible to make bets by the LN then people could easily make hundreds of bets and never have to worry about the fees.
I know what is LN. I mean that need learn how coding for it. In any case thanks! Currently and as far as I know there is no other bitcoin casino that uses the LN yet, so you would be the first and would get great publicity as a result. One of the reasons why no casino has yet chosen to use LN is because the BTC fees are relatively low right now, however since your bets are all based on the chain then it would benefit you the most. LN is still new to most people but the adoption rate is already pretty high. And I am pretty sure if BTC gets more mainstream again it will lead to large BTC fees and the LN will definately take off then. |
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I guess we need to wait until March 8th until it ships and some Crypto lover can actually try out the feature.
Right now we have no idea exactly how it works. People are arguing all over Reddit that its not a "wallet" and just something to "store private keys" which doesn't make much sense.
Because if you got a secure way of storing the keys, what happens when you actually want to spend them? You also need a secure way of inputting the seed, making a transaction and broadcasting it.
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my rigs cost me about $12 per day in electricity
im mining about $18+ per day worth of crypto, which i will not mention
to me, i am still profitable which is why i still mine
i do not sell my crypto to pay for electricity, i do that out of my own pocket
i invest all my mining earnings into a coin that i believe will be worth something greater in the future (gambling)
you are not winning, your gpus are getting old and useless, at least you are being smart for not selling your coins but would have been lot easier just to buy the coins from your pocket and wait it to multiply. you trolls just dont get it. i am mining $18 worth at a cost of $12 how am i losing? 30 percent of any gains go to a IRS. Your time spent to maintain rigs has a cost The cost if the equipment to pay itself takes years. Saving up for new equipment every 2 years. That's how you can lose. All miners should be losing on paper taking Everything into account from a business operational farm perspective. Unless your a small timer and don't care for such things. what is a IRS? haha to be honest, i dont think i will be expanding my farm anymore when mining with my gear now truly costs more in electricity than earnings, then i will retire You must not be from the USA or watch any American movies. But IRS is the Internal Revenue Service and its basically the Tax Man you need to pay in April every year. Mining is considered income and not investment income so you are taxed just like working a regular job. 30% is standard rate if you are making a middle class income. |
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I almost fell on my chair after looking at this one. 420 Ethereum for the first transaction fee. 210 Ethereum for the second transaction fee. Anyone who has an idea on what happened next to the guy who did these transactions? okay i tried looking into this actually it was mining pool which had an incorrect fees and bymistaken sent large fees. so the fees that gathered in the threshold was sent as a fee. This article explains some of the details, apparently there is another large transaction. https://www.newsbtc.com/2019/02/21/ethereum-wallet-fees-eth/However it looks like the block was mined by Sparkpool and not some anonymous miner, so it doesn't make sense why they would try and launder the funds. No idea why people are saying that the block was only broadcasted when a private miner found a share and sent it to the network. |
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On Bitmex and Coinbase it hasn't hit $4000 yet. The $4000 most people see is an average with various exchanges batched up. Some exchanges like Bitfinex are showing higher prices than others.
I don't think breaking $4000 is significant, what is more significant is the high of Dec 24th (christmas eve) breaking ( $4200) because it would be the first time since ATH that there is a weekly break.
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Anyone thinking of getting into crypto now will be MUCH better off buying the coins instead of purchasing mining equipment.
I do think a lot of people are using free electricity from rental agreements, schools, businesses that they have access to which has over saturated the mining game causing profits to shrink to nothing.
I agree. Last year I only mined 5 Ltc with L3+. I paid 2k for it on an early batch. Spent $800 on electric. And I had to pay IRS 30 percent of earned income. So after spending $2800 and only mining 5 Ltc thats like paying $560 per litecoin not including the 30 percent IRS cut. If I did include IRS cut that's about paying $800 per litecoin. So yes it's better to buy Ltc at all time high $400 than to buy mining gear. Mining is a suckers game. All luck and most will fail. Mining gear hardware sellers know this and it's a way to trap new freshbait moonboy crypto newbs. That's the reason I'm 90 percent coin investor and 10 percent miner. I am not trying to spread any fud trying to scare others off. Just letting people know the risk and mistakes I made so that way future investors that are wise will learn from the mistakes of others and not for themselves. I learned a lot from other people's mistakes in the last bull run and was able to avoid some disasters. In the past there was times when it was actually worth it buying mining rigs and its usually right before there is an explosion in price. The reason why you lost money on your ASIC is because you bought it at the wrong time. If you bought the very first LTC ASIC which was released in 2013 you would of made good money. Same with the people who got the pre-orders in for their KnCMiner Jupiters back in Oct/Nov 2013, they basically made like $50K and only cost $10K to buy. If you held till 2017 you would of made like $1,000,000 if you hodl'd all those coins which most did not. So there are times when they make sense however its all still considered a risk. |
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My advice would be to use the cheapest wired router you can find instead of using a wifi connection.
I've had nothing but issues with wifi connections on mining rigs. If you have 1 rig then it might be fine but if you got multiple rigs and they are close together they will get interference issues and cause drops in the connection. And if you are running Claymore software usually a dead internet connection sometimes can lead to a system locking up completely.
So if wires running around your place isn't an issue just use the standard CAT5 ethernet connection and call it a day.
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