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August 07, 2025, 03:44:53 AM *
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1  Bitcoin / Mining / Re: Bitcoin GPU mining is back, indirectly. on: Today at 03:27:20 AM
Those are NOT by any stretch of the imagination "GPU's". They are ASIC-based miners in cases that for whatever reason use a GPU-style of footprint. Stupidest idea ever....
2  Bitcoin / Development & Technical Discussion / Re: Mathematicians and bitcoin on: August 06, 2025, 07:08:35 PM
Ever hear of something called a search engine? You'll find dozens of papers using it.
Just 1 is https://ems.press/content/serial-article-files/11512&ved=2ahUKEwicsoH_7_aOAxW_pIkEHVafIx0QFnoECBoQAQ&usg=AOvVaw3aXbBK4IjDTB68eXqUWAIB
3  Bitcoin / Mining / Re: How to start mining on: August 06, 2025, 03:17:49 PM
I haven seen a guy how was mining on old smartphones, any opinion on this? Is it worth it?
And what the date on that vid?
Even as a 'just because ya can' experiment that has not been possible for over 10 years.
4  Bitcoin / Mining support / Re: Noob wants to try mining. on: August 05, 2025, 08:35:45 PM
For your information. For the lectical energy i pay 0.28CHF /kwh (around 0.35USD) and get back for the overproduction 0.06CHF/kwh (0.08USD)

Wow, that's an outright scam. Cheesy.
<snip>
Not really.
Most grid-tie plans pay you what the Utility who is your direct power provider pays their bulk power providers. In most areas the initial gov subsidies or gov set min price they can pay you are either now gone or soon will be. Where I live the residential consumer rate is $0.17-0.22/KWh and they pay $0.025/KWh for any energy I provide them. The difference between consumer rate and a provider rate is that the consumer one includes all costs for the distribution infra, operating costs, gov tariffs, etc on top of what the Utility is paying for buying power from bulk providers or generating it themselves. With a grid-tie setup you are just 1 more 'bulk' power provider and are paid accordingly when you are supplying power.

A key point is that if I'm providing power to them that (should) mean that my solar/wind setup is providing ALL your power needs when it can. A huge saving for the consumer with any 'earnings' you get from selling excess power being gravy that helps pay for power when I can't generate it. The savings from not having to pay for all the power I consume is where the ROI comes from.

Another point is that in my area you are only allowed to provide up to 110% of the power you consumed the previous year. The Utilities can't be encouraging everyone to become a larger energy provider because The Grid is not setup to handle & control more than a fraction of the grids capacity coming from a myriad of small local providers who are supplying a highly variable amount of power to their local grid.
5  Bitcoin / Hardware / Re: New review coming up soon. It is a mystery for now. A beagle! on: August 05, 2025, 03:42:33 PM
I like that his one use low power  but i wonder how much profit does it bring daily/monthly
Does it makes noise ?
What type of coins dos it mine it looks small compare to other hardware of mining
Profit?
Go back to page 1 and read the freakin review.... All your questions are answered there!
6  Bitcoin / Bitcoin Discussion / Re: James Howell Ordeal On the 8,000 Lost BTC on: August 04, 2025, 10:50:00 PM
As I said in another thread about this: If against all odds the drive is physically recovered it is very unlikely the data on it can be recovered. Between the fact that trash in a landfill is heavily compacted which probably physically destroyed or at least damaged the drive coupled with the presence of corrosive fluids and gases there is near zero chance of successfully recovering the data even if the drive itself can be recovered.
7  Bitcoin / Development & Technical Discussion / Re: The Pi address and related txts on: August 04, 2025, 04:28:15 PM
While they both are based on completely random processes, they are very different in what is being detected or measured. The Geiger method relies on detecting the timing of particle emission from radioactive elements while the laser method is measuring differences in the phase of light waves being generated by a laser. Not sure how fast the Geiger method can generate random numbers but the laser method can generate them at several hundred MHz to over 1GHz.
8  Bitcoin / Press / Re: [2025-07-03] After 12 Years of Failed Attempts, the Man Who Lost His Hard Drive on: August 04, 2025, 01:42:00 AM
Yeah, he might have earned some since, but it does seem like an uphill battle to recover them even if the drive was found.  I suppose they could use some hardware to recover it but who knows.
Very unlikely the data can be recovered. Between the fact that trash in a landfill is heavily compacted which may have physically destroyed the drive and the presence of corrosive fluids and gases there is near zero chance of successfully recovering the data even if the drive itself can be recovered.
9  Bitcoin / Press / Re: [2025-07-25] Galaxy Digital Moves Bitcoin, Impacting Prices on: August 04, 2025, 01:14:26 AM
As the financier Nathan Rothschild said about 200 years ago around the turn of the 19th century, "When there is blood in the streets - BUY!"
More recently, Warren Buffet amended that to be, "When there is blood in the streets - even if it is your own - BUY!"

That is excellent advice for BTC as (so far at least) it has always recovered and more.
10  Bitcoin / Bitcoin Discussion / Re: Blockchain mistake? on: August 04, 2025, 01:06:16 AM
As others have said, back then there were no exchanges for transactions. They were negotiated between folks one tx at a time here in the Forum with the (tiny) value bouncing all over the place.
11  Bitcoin / Development & Technical Discussion / Re: The Pi address and related txts on: August 04, 2025, 12:54:22 AM
A much easier and far more compact route is to use the inherent quantum phase fluctuations present in beams from a laser diode operated just above its lasing threshold. QRNG (quantum random number generator) chips have already been made based on it.

ref
https://www.mdpi.com/2304-6732/11/5/468
https://opg.optica.org/ol/abstract.cfm?uri=ol-35-3-312
https://ieeexplore.ieee.org/document/10460108
12  Bitcoin / Pools / Re: new type of pool - solo group pool - Does this work ? on: August 02, 2025, 03:12:07 AM
In a true solo 'pool' it does not matter what size miners are.
The term 'solo pool' is a misnomer: it is NOT a pool in the usual sense. In a pool, the block rewards are distributed among all users. What -ck (and Kano) are running is NOT a pool, it is a service that just provides the well connected back end doing all of the work generation and block found flag distribution for solo miners using their services.

Solo is, well, solo. One miner gets all of the reward + fees - service operator fee. A big miner may find more blocks but it makes no difference to other folks using the services that Kano and -ck provide. The odds of a user finding a block remains the same (strictly based on their hash rate) and their rewards remains the same..

Size of a miner only matters when the block reward is shared in a pool. In that case, yes big miners can take a large % of the rewards while others in the pool get far less. Regardless of how you finagle the payouts, if rewards are being shared then what you are running is a pool and is not solo mining. Period.
13  Bitcoin / Pools / Re: new type of pool - solo group pool - Does this work ? on: August 01, 2025, 06:40:14 PM
nothing new aside from the tokens part. Many years ago -ck and someone else both ran pretty much the same setup tho they didn't call it a 'solo' group pool. I forget what they called it but they did the same thing with payouts on a rotating sliding scale. So - what is the pool fee? How/when are tokens cashed out?

Is everyone paid (aside from folks on cool down) when a block is found? If that is the case I would hardly call it a 'solo' pool.

btw: Both those pools I mentioned are gone now due to lack of interest.
14  Bitcoin / Bitcoin Discussion / Re: ...and they closed my bank account... on: July 30, 2025, 12:57:12 PM
Gods forbid folks say WHAT bank or ccard company they have had these problems with. Then at least people can have an idea of which ones to avoid.

Personally I have had zero issues since I started in 2014. I know that here in the USA, early on Wells Fargo for a time did not like crypto users but they came around to our side several years ago.
15  Bitcoin / Bitcoin Discussion / Re: Steam Game Spread Malware That Target Crypto Wallet on: July 30, 2025, 12:30:31 AM
What is with all the talk about casino's?
Steam (owned by Valve), provides online games with no gambling - they are not a Casino.

The current game that was infected was not available to the general public - it was part of a select beta users group and gathered/sent feedback during game play which is why it was able to get infected. That said, yes Valve needs to make sure that all input from users of both beta and live games, is properly checked by AV software to prevent this from happening again.
16  Bitcoin / Mining / Re: The societal effects of industrial scale bitcoin mining on: July 28, 2025, 04:30:14 PM
Did anyone bother to read the introduction to that vid?
Quote
We went to a small Texas town where one Bitcoin mining facility uses as much power as the entire city of Austin.
Note 'WE' - as in they do not live there but rather go around looking for clickbait they can rant about.

btw: That is actually a story that came out last year and has already been discussed here (and rightfully shortly died after a few days), the vid seems to just be a new rehash of it.

Yes Mara should put in sound deflecting berms so the noise does not just go rolling over the plains to annoy folks.
As Phil said, Texas has the farms to act as massive base loads to balance their equally massive wind/solar power production. Remember, Texas is NOT well connected to the rest of the US grid and in most weather a huge part of their power production would go unused meaning no incentive to expand it. With the mining farms the excess power is used and when hot weather arrives the mines throttle back so power can be used elsewhere.

As for the OP saying
Quote
All at a time that the water supply is also scarce, and we all know industrial scale bitcoin mining needs tons of water for cooling.
No it doesn't. In the past most mining farms were air cooled. With the newest ones using water cooling, it is a closed loop with the water going from cooling towers > pumps > miners > back to cooling towers being endlessly recycled. Hydro cooling is also far far quieter because there is not literally 10's of thousands of small high speed fans screaming away cooling off the miners.
17  Bitcoin / Mining support / Re: [Bounty] GekkoScience Compac F miner stops hashing on: July 27, 2025, 03:50:12 PM
It's in my sig as   3NtFuzyWREGoDHWeMczeJzxFZpiLAFJXYr
Thanks
18  Bitcoin / Mining support / Re: [Bounty] GekkoScience Compac F miner stops hashing on: July 26, 2025, 09:23:56 PM
We should add that you do not need to use a heatsink mounted fan. Just need a little bit of air movement so a small (and cheap) USB powered personal fan works dandy.
19  Bitcoin / Mining support / Re: Noob wants to try mining. on: July 25, 2025, 08:25:56 PM
Start with the laptop - it is virtually impossible to mine with it. Even the most powerful PC and video cards are many orders of magnitude too slow. That said, loaded to use Linux it would make a dandy controller running cgminer letting you run any USB miner made by GekkoScience (Sidehack). Main thread is here. Sole remaining official cgminer repo ran by Kano who is one of the 2 original devs is in my sig
20  Bitcoin / Bitcoin Discussion / Re: Thoughts about Quantum Blockchain Technologies, QBT. on: July 20, 2025, 05:24:18 PM
Was surprised to see this topic pop up again. Ja, it seems that QBT is still trying to convince the world that They Are Onto Something and the world stubbornly keeps proving to them that they are just either:
 a. Idiots
 b. Scammers
 c. Dreamers with no idea how mining really works
 d. Just plain wrong
 e. All the above

More merit given given for ya keeping tabs on them.
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