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781  Local / العربية (Arabic) / Re: حظر الكويت للبيتكوين و العملات المشفرة on: July 24, 2023, 11:24:53 PM
أعتقد أنه من الواجب على الإمارات و البحرين تزويد الكويت بمدى أهمية دعم التشفير في أقرب وقت ممكن لتفادي التأخر

انت تطلب المستحيل اخي, المتعارف عليه في جميع دول العالم بخصوص انه بمجرد استحداث اي شي سواء كان عملة جديدة او نوع جريمة جديدة او اختراع جديد او تنازع جديد, هوا وبكل البساطة يكون من صميم اختصاص السلطة التشريعية المتمتلة في البرلمان او مجلس النواب او مجلس الشعب بغض النظر عن المسميات, الخطوة الطبيعية هنا هي ان يقوم مجلس النواب بدراسة الضاهرة الجديدة ومذا تاثيرها الايجابي او السلبي على المواطنين, ومن تم الاستماع لاراء الناخبين لكي يتحصل مجلس النواب على معلومة تفيد برغبة المواطنين في تقنين, السماح او حظر هدا الشي.

الخطوة التانية يأتي فها القضاء, والذي يكون منفصل ومستقل عن السلطة التشريعية والتنفيدية, فمثلا لو كان القضاء في الكويت عادل وغير مسيس, يمكن لاي شخص ان يتظلم لذا المحكمة الدستورية لالغاء تشريع البرلمان ان كان يتضارب مع الدستور , الدستور يتم صياغته بما يتماشى مع المصلحة العامة للمواطنين, فبعد مرحلة القضاء والتشريع يأتي دور السلطة التنفيدية المتمتلة في رئاسة الدولة او مجلس الوزراء لتنفيد تلك التشريعات.

لا حظ معي ان السلسلة في العالم الطبيعي كلاتي :

1- كتابة دستور يضمن حقوق المواطنين
2- الجهات التشريعية تسن التشريعات بناء على مصلحة المواطنين
3- في حال وجود تشريع منافي للدستور (مصلحة المواطنين) يتم الغائه من السلطة القضائية
4- السلطة التنفدية لا تمتلك الا التنفيد ولا يمكنها استحضار اي قوانين من نفسها.

بوجود هده الركائز تجد ان الدول تزدهر ومصلحة المواطن هي العليا, فلديه دستور يحميه عن طريق القضاء ضد السلطة التشريعية والتنفيدية, وكل شي يسري على مايرام.

في الدول القمعية المتخلفة, القضاء خارج نطاق التغطية ومليء بالفساد, نواب الشعب لايهمهم ماذا يريد الناخبون وتجد النواب والسلك القضائي يفعلون كل شي لارضاء الحكومة التنفدية لانها من يمتلك "المال", فياتي رئيس الووزراء او الرئيس لتمرير اي قانون يخدم مصلحته فيدهب للبرلمان ويعدهم بصرف سيارات جديدة او شقق جديدة, يقوم مجلس الشعب \ النواب بتشريع ماتتمناه السلطة التنفيدية, القضاء في سبات فهم ايضا يتحصلون على المال من الحكومة, وهنا يكون الامر الناهي هوا  السلطة التنفدية.

هدا هوا حال الدول العربية بمجملها, بوجود بعض الاستتنائات للدول التي يكون حكامها يريدون فعلا مصلحة المواطن والنهوض ببلادهم, فهنا تجد وبالرغم من فساد تلك الحكومات وثراء العائلة الحاكمة, الا انهم يسعون دائما لجعل بروتوكول الحكم المتمثل في السطلات القضائية والتشريعية والتنفيدية يخدمون المواطن على اكمل وجه.





 
782  Bitcoin / Mining speculation / Re: 2023 Diff thread now opened. on: July 23, 2023, 11:35:37 AM
~snip

I wanted to ask a few days ago but I'm buzy traveling around, do you have any additional or lets call it insider info on this kuwait ban that has made the news?You're far more familiar with the stuff there, would this ban even if enforced bring some serious change to the diff or we're talking about max 1-2% ?
Kuwait had some real cheap energy and since they did go an call out a ban I suppose there were a few there.

The ban will most likely be enforced, Kuwait is a small country and they have tight law enforcement, it would be close to impossible to keep any mining operation going, however, there is no clear numbers of hashrate in Kuwait, it is all but rumors, could be 1% or 5%, we can't  tell, according to the 2021 Cambridge study Kuwait had less than 1%, my guess it is higher now but not too high for the following reasons:

1- Cooling is difficult
2- No clear laws regarding mining and thus no serious large player would build large farms and risk all their money

So my guess is, there are many small farms that operate there ( below industrial threshold ) all combined won't be as large as a single U.S based mining farm.
783  Local / العربية (Arabic) / Re: حظر الكويت للبيتكوين و العملات المشفرة on: July 23, 2023, 01:26:45 AM
 نبارك لدولة الكويت على اخد خطوة رائعة في مسار العودة للجاهلية والاتجاه عكس التطور الرقمي الذي تسعى دول العالم المتقدم لامتلاكه, نهنيء الجهات التشريعية لدولة الكويت على هدا الانجاز الضخم المليء بالغباء والتخلف.

مشكلة الدول العربية ان الجهات التشريعة التي تضع التشريعات والقوانين يكون هدفها الاساسي حماية نفسها وحماية الحكومات التنفدية المتوالية على الحكم, ويكون معظم من يتاوجد في تلك الجهات التشريعية هم اناس اعمارهم تجاوزت ال 60 عام بعقول غير قابلة لفهم اي شي جديد, وحتى في الدول التي تتمتع بالقليل من الديموقراطية لانتخاب الجهات التشرعية تجد ان الناس ينتخبو اشخاص بعقول فارغة فقط لانهم من ابناء عمومتهم او لتحيز سياسي بين الاحزاب بدون مراعاة اي شي اخر.

تخيل ان اعضاء البرلمان في الكويت كانت اعمارهم مابين ال 25 و 35 مثلا, وكان انتخابهم مبني فقط على قدراتهم, هل كان التشريع سيأتي بهده الطريقة؟ بكل تأكيد لا, مما يعني للاسف ان 90% من الدول العربية سوف تعامل الكريبتو بمثل هده الطريقة حتى يفنا ذاك الجيل المتخلف عقليا وياتي جيل جديد يفهم هده التقنية جيدا ويسخر التشريعات والقوانين لفائدة المواطنين.
784  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alternative Mining Portal to NiceHash on: July 23, 2023, 12:55:16 AM
I realize that I am late in the game, but I think there must be something better than Nicehash?

Mining profits reach equilibrium very fast, it's the reason why there are not many arbitrage chances around mining if NH was paying much less than somewhere else, then someone would have rented that hashrate and pointed it to the place to make easy gains, in the past it was possible but now with all the tools and the auto-switching algorothims almost all places pay equally in the long run, the only difference would be the fees, there are some rare cases where mining x coin would yield more $ than mining y coin, but that doesn't last too long because auto-switching will take place soon and will make x coin less profitable, again, reaching equilibrium.
785  Bitcoin / Mining speculation / Re: 2023 Diff thread now opened. on: July 22, 2023, 09:26:31 PM
And now we're having back to earth re-entry! Pace is just crazy, again some large family shutting down voluntarily?

It's probably the heat waves and the overall profitability is pushing the lower-tier miners out of the game, with the current difficulty, even at 7 cents you are going to need S19 or the equivalent to make some profit, so all the 17 series are not making anything unless the power rate is way too cheap, in fact at 7 cents even the S19 make below a dollar a day, depending on what type of cooling and other expenses one might have those could be running at a loss already.
786  Bitcoin / Mining / Re: Bitcoin Mining Pool distribution monthly reports on: July 21, 2023, 10:04:26 AM
So I am now creating stupid fud, and that makes you what?

Yes, that is exactly what you are trying to do, not sure if you do it intentionally or due to lack of understanding of how btc mining work, i saw a few folks trying to "correct" you, Kano went as far as saying your whole analysis is pointless, I tried to be nice and tell you the same thing in a different way, but you keep on insisting on thinking that you know better than all of us here who have been mining btc long before you heard about this whole mess.

Clearly you have no deep understanding regarding the mining subject, common sense would be learning from people who do, but you seem so salty and do not want to listen to the points we lay before you.

I am not going to engage in this topic again, I said what I have to say, btc mining is not centralized and there is nothing to worry about, let the readers decide who makes more sense.
787  Economy / Services / Re: "Hosting Hotel in Irkutsk: The Ideal Place for Placing ASIC Miners."0.065$/Kwh on: July 20, 2023, 11:35:45 AM

Yeah
electric heat
electric stove
electric clothes dryer
and ac

is a lot of power

my ac runs 24/7 for 3-4 months. It is like running 1 s19 about 2500 kwatts a day.

I have gas heat
I have gas stove
I have gas clothes dryer.   My gas bill for all that is 200 a month but if it was electric it would be 800 say 6000 kwatts a month

Ya gas is a lot cheaper, but not easy to connect everywhere, here we used to rely on gas for heat, some buildings had diesel generator to heat water for all the flats in the building and we paid a shared bill, we had those ceiling fans during the summer, basically our consumption of electricity was pretty close to nothing.

Fast forward with all the modern building, everything has become electric, ACs are everywhere used in both summer and winter, power consumption increased  by a few orders of magnitude, of course, all due to the fact that electcity is pretty cheap, and gas vs electric bill would be more like 200$ vs 250$ rather than 200$ vs 800$, so the are no incentives to use gas or diesel.

I have lived in places where the average power needed per house is below 1kw, it would be hard for people with that kind of consumption to understand that a similar house elsewhere does 10kw average.
788  Local / Off-Topic (Deutsch) / Re: Gewinnspiel: Nächstes Bitcoin (Zwischen-)Tief in 2023 ? on: July 20, 2023, 09:57:06 AM
Code:
Bitcointalk-Nutzername: mikeywith

Niedrigster Bitcoin-Preis bis 31. Dezember 2023 um 23.59.59 UTC: 24,000$


Turbartuluk, thank you again for doing another nice contest.
789  Bitcoin / Mining / Re: Bitcoin Mining Pool distribution monthly reports on: July 20, 2023, 09:47:44 AM
Than you should contact everyone who is following state of mining pools and tell them they are wasting time, because you know better and they are all irrelevant  Grin
I could say the similar thing for every other thing in the world that follow statistics, we don't really need it and we don't need to care about 51% attack.
This is not accurate science, but I could argue that one or two companies like BlackRock own everything in the world, and there is not real competition anywhere.

Alas, you have to learn to read things in thier context, i said

Quote
pool distribution is pretty irrelevant compared to gear ownership and the physical location of that hash power

Also, "everyone who is following pools' share hashrate" do it with a software that reads the blockchain and put it into a chart/table, that is fine, what is not, is people copying the already available charts and thinking they have spotted something that nobody else know about, and creating some stupid fud on how 51% attack is going to happen because a few pools have 51% of the total hashrate, those same people have no clue that this is no news and it has been the case for a decade.



Quote
It is not so hard to use VPN or Tor to hide real location, so you cant be sure what country is really mining.

This is not how mining works, and I am not going to explain why because then you will just get upset and take it personal again.
790  Economy / Services / Re: "Hosting Hotel in Irkutsk: The Ideal Place for Placing ASIC Miners."0.065$/Kwh on: July 19, 2023, 04:52:34 PM
The company still sees that your house consumes more electricity according to statistics than neighboring houses

No they won't, not in every place, i explained that in detail in the exact post you qouted, not sure how to explain it better but every place is different, what applies to your city/country does not have to apply everywhere.
791  Bitcoin / Mining / Re: Free electricity, just the equipment left. on: July 18, 2023, 03:12:23 AM
I understand that you want to solve the problem by installing new household transformers, but these transformers do not receive infinite electricity Smiley  High voltage cables are connected to other high voltage transformers that produce the required power limit, and when this limit is exceeded, new sources of electricity are required.

No, I do not want to solve any problem, Cheesy I am just stating an existing fact, those transformers were not hooked up randomly, when the electric company install those transformers they know for sure that even if they were to go full-load their infrastructure would hold up, the short version of this, is not every city is approaching it's full limit of power, many countries have a ton of "idle-power" sitting there doing nothing, you just need to create demand for it and off it goes.
792  Local / العربية (Arabic) / Re: أعطنا رأيك هل ما يحصل للآن هو موجة تصريفية on: July 18, 2023, 02:15:05 AM
أتفق معك في الجزء الأكبر من كلامك باستثناء نقطة واحدة بقيت غير واضحة و هي بشأن حجم البيوعات و مدى تأثيرها في حركة السوق. مبلغ في حجم 2 مليار دولار لو يتم طرحه كله في السوق للبيع بسعر تفاضلي فالأكيد أن هذا سيساهم في خفض السعر عموما. لا أعلم كيف تتم عمليات البيع التي تقوم بها الحكومة الأمريكية و لكني لا أذكر أن اي من التحاليل التي قرأتها يومها ترجع انخفاض سعر البيتكوين الى عملية بيع قامت بها الحكومة الأمريكية أو أي حكومة أخرى.

بكل تأكيد فأن بيع اي كمية من اي سلعة يؤثر على سعرها, ولكن لدينا في الجانب الاخر "الطلب", فمن المهم جدا فهم "الفوليوم" فمثلا اليوم كان فوليوم البتكوين 10 مليار دولار, يعني انه تم تبادل ماقيمته 10 مليار دولار من البتكوين في طلبات بيع وشراء, مما يعني ان مبلغ 2 مليار ليس بالرقم المأهول الذي يدعو للقلق حتى وان تم عرضه في نفس اليوم, في المقابل مثل هدا الرقم يمكن ان يفقد عملة اخرى نص قيمتها في يوم, الامر كله مرتبط بحجم سوق العملة وفوليوم التداول.
793  Local / العربية (Arabic) / Re: أعطنا رأيك هل ما يحصل للآن هو موجة تصريفية on: July 17, 2023, 04:22:25 AM
لكن راودتني الكثير من الشكوك في النقاط التي تكلمت عنها في موضوعي وأحببت عرضها ونقاشها معكم , وخاصة البيوع التي تقوم بها وزراة العدل الأمريكية

الولايات المتحدة صادرت مايقرب عن 259,112 بتكوين باعت معظمها مسبقا وكل ماتبقا لها  69,640 بتكوين فقط اي حوال 2 مليار دولار, حجم سوق البتكوين 590 مليار دولار, فوليوم التداول اليوم فقط على عملة البتكوين تجاوز 7 مليار دولار, يعني الخلاصة ان مبلغ 2 مليار من البتكوين ليس له تأثير قوي على السوق, يمكن ايضا مقارنت ذلك الرقم بما يتحصل عليه المعدنين خلال شهرين فقط, يعني ان الموضوع ليس مخيف باي شكل من الاشكال, مايخيف اكثر هوا صدور قوانين جديدة بخصوص البتكوين مثل منعها او معاملتها على انها عملة وليس سلعة وغيرها من الاشياء التي قد يكون لها تأثير سلبي عميق وطويل المدى على البتكوين, اما عمليات البيع سواء كنت من الحكومات او الشركات فلن يكون لها تأثير سلبي فهده العمليات هي جزء طبيعي من حركة السوق.
794  Economy / Services / Re: "Hosting Hotel in Irkutsk: The Ideal Place for Placing ASIC Miners."0.065$/Kwh on: July 17, 2023, 03:54:48 AM
If in your region each private house consumes 3000-5000 kilowatts an hour per month, then I would be mining without fear. In my region, a private house consumes 300-1000 kilowatts an hour per month, and when I transfer readings of 5000-10000 kilowatts an hour per month, controllers will become interested in me. Experts see the average electricity consumption in each home and easily find homes with increased energy consumption.

Ya, this is why I told you every place is different, where I live during summer and winter electricity is consumed like hell because we have no other means of cooling/heating when temps are 40c outside, you bet that every AC is going to be spinning 24/7 when winter comes, we rely on electricity only,  in fact, many people use the electric stove to cook (those consume no less than 2kw) so that 1000w that a whole house in your area use is not even enough for a single person here, probably the same for many other places.

And then you have different building sizes in the same area, you find a small house next to a 3-story building when the electric company supplies the small house they need to take into account that one day, the small house could turn into a 3-story building, and then what's even worse, a small house could have an AC in every room, uses an electrical stove to cook food and consuming more than another house that is twice the size.

So with all that in mind, adding a couple of miners will certainly go unnoticed as far as the electrical company is concerned, of course, this changes if the electric company uses some advanced tools to check for load type or harmonics created by PSUs, but just by looking at their amp/kw reading, they can't tell.
795  Bitcoin / Hardware / Re: BUYING ASIC DEVICES for Small Residential Farm on: July 17, 2023, 02:18:19 AM
300amps gets you about 66kw on 220v, so that's 18-20 of the latest couple of generations ASIC miners.

Keep in mind that buying used mining gear is very risky, they all come without a warranty, I suggest you buy a few new asics than buying a lot of used miners that will die soon, but if you insist I can offer you used gear without warranty, just a testing video to prove that you are receiving the same miners we are sending, and ones shipped we are no longer responsible if that works for you -- send me a list of the gears you are interested in and I will send you a quote.

If you want brand-new gears, you can check my topic in the hardware market section or ask me about any type of miner with your desired quantity and I will send you a qoute.

796  Bitcoin / Mining / Re: Solo Mining to my own node on: July 17, 2023, 12:44:49 AM
The reason for this is that mining directly to your own Bitcoin Core node is no longer supported due to certain technical limitations.

There are right about a dozen wrong statements in your comment, mining to your own node is still possible, using the word supported is rather wrong because that brings up a question; "supported by who"?

Mining to ones node will always be possible given how BTC works, it's just a question of feasibility and nothing more.


Quote
Since mining is highly competitive, the probability of an individual miner finding a block is quite low.

Every block found on the network is found by a single small miner, many people mined individually and managed to find blocks, some did that with USB sticks that don't mine faster than a few gigahashes per second, besides, we don't know OP' hashrate, he could be mining with 10EH worth of hashrate, so his chances of finding blocks mining to his node are a lot larger than the changes of couple mining pools combined.

The only drawback of mining to your own node would be the reliability aspect, mining isn't just about getting lucky and hitting a block, you need to stay constantly synced with other nodes, and you need to have a very fast connection to other nodes (especially the mining ones), block downloading, processing, and prorogation are very sensitive and there is zero room for error, it's plain stupid to risk losing blocks by mining to a node that runs on an old laptop sitting in the garage hooked up to your not so reliable 10mbps ADSL.
797  Economy / Lending / Re: 1BTC in Computational Power to 6BTC goal on: July 16, 2023, 12:10:53 PM
I found the 2 initials characters that will reduce dificulty to 256/64
This is utter bullshit.

Given that all those private keys were generated by the same person/people, there is a slight possibility that a pattern of some sort does exist tho that's pretty unlikely, given that someone has already managed to break #125 it means one of two things:

1- Somebody managed to find a pattern somewhere that reduces the search range by A LOT.
2- A large corporation invested some serious money in a few thousand GPUs and people like OP stand no chance of finding those keys first.

I think the second point makes more sense, having access to a truckload of GPUs and a better-modified code is probably what those folks are doing, it looks like the same person has solved both #120 and #125, so they are up for something, the "difficulty" of the puzzle has hit the ceiling now and the small guys have little to no chance in it IMO.

Also, I am not sure why OP wants to use an ASIC miner to brute force a private key, it makes no sense. Huh
798  Local / العربية (Arabic) / Re: أعطنا رأيك هل ما يحصل للآن هو موجة تصريفية on: July 16, 2023, 11:06:40 AM
من وجهة نظري من الجانب الفني للتحليل فأن العام الذي يسبق ال halving لايكون فيه سوق صاعد بشكل كبير بل يتحرك السوق بشكل افقي في نطاق ضيق حتى حدوث الهالفين, وبعدها يبدا الصعود ببطيء لفترة 3-4 اشهر من ثم يبدا الانطلاق نحو قمم جديدة في خلال اشهر.

ان كان التاريخ سيعيد نفسه فانا اتوقع ان يبدا الصعود الحقيقي للبتكوين في شهر ابريل العام القادم على اقل تقدير, والقمة الجديدة ستكون في الربع الاول من 2025.





نلاحظ في التشارت ان الخطوط الزرقاء هي تواريخ ال halving والخطوط الصفراء هي 9 اشهر قبل حدوث ال halving وهوا يمثل تاريخ اليوم, يوجد فرق بسيط بين انقسام 2020 و 2016 ولكن العامل المشترك بينهم ان الصعود الحقيقي لم يبدا فعليلا الا بعد الهالفينق ببضعة اشهر, ونلاحظا ايضا ان دورات الصعود تتقلص, ففي الدورة الاولى تحصلنا على 16 شهر من الصعود, بينما في الدورة الاخيرة تحصلنا فقط على 10 اشهر قبل الوصول الى القمة الاولى والبدء في التصحيح, مما يعني انه على الاغلب فأن دورة الصعود هده المرة ستكون اقصر من 10 اشهر.
799  Bitcoin / Mining / Re: Free electricity, just the equipment left. on: July 16, 2023, 04:39:49 AM
I wanted to say that this is a problem for all countries, because household power lines and transformers are not designed for mining. When problems arise, the workers of the power company will quickly find violations, otherwise they will have to modernize the power systems at their own expense.

This isn't a problem everywhere, electrical load is just electrical load, whether it is for mining or powering up a new AC / heater it makes little to no difference, I can personally fire up to 15-20kw of miners where I am staying right now and nothing will happen, many citizens oversize the power infrastructure to account for future expansions, families grow bigger, houses grow bigger, the number of houses increases, the demand for energy is increasing and many things that did not need electricity before -- need it today.

I understand that in many other places, adding 10-20% more load will break things, but that isn't because of mining, it's just because of poor planning by the electric company, long before mining (20 years ago or so) when using split AC become very popular in my city, many transformers started to break, main breakers had issues, wires were heating, and they had to change almost everything to account for those changes.

It makes a huge difference between an average house using 2 ceiling fans, a fridge, a few lights, and a TV (not even 1000w) and a house that uses 2 ACs, 2 water heaters, 2 washing machines, a vacuum cleaner, and what not, just the lifestyle of the people can increase consumption by 500% easily, so ya, old cities that still use the old infrastructure will break if every house added a single S9, whereby a modern city where they calculated the new average based on all the new (everything electric) and added a good 30-40% for future expansion won't have a problem if every house run a miner or two.

In my hometown, some remote houses have their own 100kva transformer just because they are a bit far from the nearest transformer, so instead of running expensive large wires at 240v, they just run the 11kv and drop a transformer a 100kva there, maybe a few years later someone else builds a new house around, so ya, many houses in many cities have access to a few tens of KWs which they could use without breaking a thing.

800  Bitcoin / Mining / Re: Bitcoin Mining Pool distribution monthly reports on: July 16, 2023, 02:02:33 AM
If you follow this topic from start you will see that situation changed a lot, and having more than 51% of hashrate was always problematic.

Before the China ban it was Bitmain with their pools (Antpool, BTC.com and Viabtc) arguably even Poolin which was founded by an ex-Bitmain employee before the 2020 lawsuit, and then, on the other side, you had F2pool, those pools combined always had well over 50% of the total hashrate, and don't be fooled by all the names, essentially, 2-4 Chinese men sitting in closed room had the final say on what to do with all that hashrate.


Fast forward, China banned mining, and U.S players started to get into the business, creating their own mining pools, and now it's no more 2-3 Chinese men, it's 1-2 Chinese and 1-2 Americas, still the same number of entities who control well over 50% of the total hashrate, and since BTC doesn't care about those folk's nationality or names, nothing has changed in terms of hashrate distribution.

 
I have been professionally mining BTC long before this topic took place, and I have been following hashrate distribution years before Foundry USA pool came into existence and the fact that 2-3 entities owning over 50% of the hashrate have been the case since at least 2016, it's a lot more than just looking at a pie chart and thinking you solved the puzzle, you need to understand how are all these pools are connected, then use that knowledge to compare hashrate distribution for the past decade, and you will come to the same conclusion.

Furthermore, pool distribution is pretty irrelevant compared to gear ownership and the physical location of that hash power, at least 80% of the hashrate comes from a single manufacturer, that's more to worry about than some random pool distribution which can change drastically over the course of a few hours, the physical location of the gears and the law which they operate under is also a serious matter.

I'd rather see 3 large pools each owning 33% but hashrate divided between 50 different countries where no country has over 10% of it, rather than seeing 100 pools, each with 1% hashrate but 70% of that hashrate located in the same countries with the same laws and regulation, even worse, that majority of that 70% is owned by a single entity.

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