Fees are automatically set by our core wallet provider which handles the fees and transactions.
Blockchain is full and we can't do anything about it.
Yeah yeah always blame the wallet provider, that's a good one. Meanwhile on the other thread djezo claims he's going to make an exchange lol |
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would guess they will push the tx through when they wake up to this error you don't dual mine? |
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Random ~related factoid: Gbminers (2% of the network) just mined a segwit block. https://blockchain.info/block/00000000000000000010dd7c2f8762277fe958ac983a4069d7e6767970c45515Now I'm aware they use ckpool and there's the possibility they simply upgraded to a more recent ckpool which enables segwit by default but they would have to be complicit in using a recent enough core bitcoind which is segwit capable, so I'm guessing it's a conscious choice and not by accident. However they're missing the default commitment suggesting it's not the latest ckpool. They consciously did remove their EC flags in their coinbase which pretty much confirms it. Perhaps this will be the ultimate answer... after all the shouting and threats and attacks, everyone will one by one simply enable segwit after all...? Aha. The fabled scammer nose entrepreneurial pivot. Come on Jihan - there are plenty of Lambos for the lads on this side too. Edit: hmm, maybe not. Apparently we are 'lazy', and should be assimilated: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-June/014574.html |
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I'm new to Nicehash and appreciate what Nicehash has done.
I'm investigating ways to improve my hashing. I'm using a GTX 1050 Ti 4GB. Can someone tell me what the "default" intensity is for each miner? (and as a bonus, any suggestions on how high I can push my intensity?) Also, I'm going to try overclocking a little, and my question is, if I overclock the GPOU, will I automatically get a higher hash rate or do I have to increase intensity to "take advantage" of the overclocking?
Thank you very much for assistance!
Bump on these questions please. Also, if I understand correctly, if the price of Bitcoin goes down, but other mined alt coin prices were to stay the same, we would get more Bitcoin per alt coin mined because you mine in the alt coin but get paid in Bitcoins? Thanks. depends on the btc to alt price, not the btc/usd price re intensity etc read these threads and maybe ask over there https://bitcointalk.org/index.php?topic=1877588.0 |
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Hi all, I hava a question, I see on internet, someone told Antminer L3+ is for Litcoin miner, but I see in https://www.nicehash.com/index.jsp?p=calc said that, Antminer L3+ can miner bitcoin. Could you tell me, what is true? if Antminer L3+ can miner bitcoin, could you show me more info? Thanks No it is a litecoin (scrypt) miner only. Nicehash converts the litecoin and pays you in bitcoin at prevailing rates less commission and fees. |
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As I've said multiple times before, no it is not remotely clear based on existing support. Everyone is reading too much reddit which is making things look simple through feedback loops of people convincing each other without looking at the big picture. Don't believe the "it doesn't matter how little support it has, it can't fail by design" bullshit. Sure a forked chain with no one supporting it that can't ever reconnect with the existing chain can't ever be killed off with UASF, but then it can also simply remain as a zombie chain forever with <1% hashrate. If it got support of say 25% of the hashrate it would be a far more meaningful alternative. If you think that changing PoW as a way of increasing its relevance is the solution, then I think you need to seriously take a long hard think about how we got to where we are in terms of current bitcoin acceptance, value, perceived stability and future prospects. If you're willing to sacrifice all that on some overarching principle, then you should also accept that bitcoin's relevance as by far the most relevant cryptocurrency will never again be achieved. Following Luke-jr standing alone of all people would be madness...
I agree. The only argument that the USAF can't fail by design is just that it's "failure" is to become an altcoin... but it's fairly dumb way to construct an altcoin. For 99% of developers if we wanted to construct an altcoin that isn't how we'd go about it, and for 99% of users if you want to use an altcoin there are already many choices. Thanks, you two. When uasf fails, poor old Luke-jr will get the blame yet again, but for me Barry's actions in all this have been reprehensible and very telling, and Jihan's unaccountable - i don't get his stance (is it Ver's influence?). fwiw many of the bitcoin twitterati and reddit influencers wear UASF hats less because they support it than to threaten it to frighten miners into signalling differently before August. which seems unlikely. so we get this: .. so I'm guessing they're [core devs] still hoping miners will buckle before November for the original segwit activation...?
Hmm, We need core to communicate with Jihan much more than they seem to do. Send a diplomatic mission over there to explain the facts of life and find a way for him to come out of this with a seeming win to show his fans and backers. He hasn't got that long after November until Intel and AMD wake up. That could be core's stick, and as for the carrot, well maybe leave Luke with him. |
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they've dealt with the db locks issue
the pogoplug experiment had nothing to do with scaling
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my questions on this matter remain: in the "no hard forks" vision, it seems "no soft forks" is also included since they don't like segwit, so I guess they will not let BIP148 happen
so this basically means no scaling ever. in practice this means that we'll have 1MB blocks basically forever, with no other forms of scaling. inevitably most people except rich people will find it economically viable to make transactions on the blockchain. eventually only a handful of billionaires would find it worth it.
can you explain how miners are going to find profit in a chain where barely no transactions happen?
can you explain how the network will have a healthy amount of nodes spread across the globe? (even tho thanks to the blocksize remaining small so people will still be able to run nodes, who is going to bother running a node for a network where you are irrelevant since only billionaires are allowed to use it? it would be safe to assume that, at that distant point in time, only billionaires that find utility in bitcoin are running nodes. anyone running a node then is basically a target because if you are bothering to run a node, at that point in time it means you are incredibly rich, whereas by allowing non-rich people to transact, the rich would be able to mask themselves in between a larger array of people)
can you explain (in detail) how this "billionaires only" blockchain model is sustainable in the long term?
can you explain how MP has more wealth than bitmain if the conspiracy of bitmain being backed by the potential trillions of dollars of the PBoC is real?
thebitcoin.foundation has its own team of developers and they can deal with scaling should it become an issue. they don't like all the stuff already added to versions 0.6 or so onwards (roughly), or the proposed stuff like segwit, and they don't use it. there's room in bitcoin like there's room in the world for more than a handful of 'billionaires'. we only accounted for a few million coins upthread. there'll be many people with 10,000 or 1,000 or 100. rich people can afford to run nodes. miners will be mining for healthy rewards for a long time to come. lots of dollars will help PBoC / ICBC naught if they want to buy a million bitcoins. look what just 25 billion did to the price last month. |
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Well, I assume you mean "Bitcoin nodes using the CLI client" with bitcoin ds. So, humm, well, there are about 7000 nodes at this moment. We must now calculate the proportion of the CLI clients among them. Maybe 10% (700). And now calculate the growth until the end of the year: about 900. (Sorry, could not resist  ) Not at all and thank you so much for reading the question and for replying. I'm not sure that is really what I mean, but still, yes, command-node count will probably go up like you suggest. btw I worry whether any of these node counters are to be believed |
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It's generally accepted that bitcoin brought back how we view trust and reputation, right to the core of importance when we interact.
Eg: 'Oh that Last of the V8s, he beats his wife, you know, but I did lend him 5 bits once and he paid it back as agreed. I might lend him 20 or so bits, but I don't want to take tea with him.'
That kind of thing matters now that money is real again. When your coin is gone, it's really gone.
So let's look at this from Mr.P's point of view inasmuch as we can. He made a ton of bitcoin, he published his accounts, he didn't rip people off.
No one else did. Not theymos, not knighmb, not pirate, not silbert, not Jihan Wu. Not satoshi or asciilifeform.
Maybe a very few made, or perhaps mined or scammed, a few hundreds of thousands, or just bought that much from eg the us marshalls. Maybe there is one other millionaire.
But, still from his point of view, he is beyond compare and worthy of the very utmost respect, trust and deference. He has saved bitcoin many times and warned against more scams than anyone ever imagined.
So why should he sign some thing we want him to? Does the Chinese govt reveal all their nukes or Putin his wealth? Mr.P actually signs things all day, every day and is outstandingly open.
What we now believe about him is irrelevant. The threat in the game of brinkmanship is enough for rational actors not to want to play.
tl;dr no hard forks
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I can say that i can earn up to 5-10 bitcoins by the end of this year if i can just continue what im earning monthly now,i can earn up to .9-1 bitcoin per month which is good enough to save that amount of bitcoins,if i can continue this then i can get more than 5
who are you and what have you done with @mustyoshi? how do you earn this money? |
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How many bitcoinds do you think there will be at the end of the year?
If you talk about my income, I think I can earn 2 bitcoin this year, although it's not much, but I think it is enough for me. wasn't talking about it no. clearly. what are you doing to earn that? |
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How many bitcoinds do you think there will be at the end of the year?
Even if there is a fork, I don't see the weaker alt surviving till the end of the year.  So I guess, there will be just one Bitcoin at the end of the year. And ~17 million bitcoins. damn, you win the prize for morphological correctness. yes that should be quite long enough to kill off the alt |
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bitcoin means the end of credit unless agreed peer to peer - no more banks
it is up to you how much coin you keep on your moneycard for your day to day expenses
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The world computer, 12 transactions a second and counting.
Dumbfounded.
We could take a leaf out of their book and dream a little more expansively. Use one of our 4 tx/sec for one continent to pay off their yearly wheat bill to another. We can put it all on a smart contract that we can fork off if too many people start to go hungry. Wonder if the bitcoin community would reach consensus on that. Maybe we bung both forks on a decentralized exchange and let the market decide? |
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The world computer, 12 transactions a second and counting.
Dumbfounded.
We could take a leaf out of their book and dream a little more expansively. Use one of our 4 tx/sec for one continent to pay off their yearly wheat bill to another. |
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Whistles in a low voice (X is the number of forks), based on the scheduled block generation rate of one block per 10 minutes.
[centerimg]http://www.mattwhitlock.com/Bitcoin%20Inflation.png[/img]
damn, you win the prize for technological correctness |
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Remember when Bitcoin Jesus sold explosives without a licence on the internet?
Which time?That shit is legal now in Singapore. |
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Nearly 18 million and the price continues to increase until 21 million bitcoins are found at least to actually go to a higher price 100x than the current price  Thread was designed to provoke thought and discussion. Answer is obvious to some, not others. You didn't read the title correctly. You didn't read the previous answer. Still you earned a bob or two so that's fine. |
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~ 17Mln
Hehe yes. No, not the coins. |
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