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You can read about old miners like Antminer S9. It is generating 14 Th/s with 1372W power consumption.
The S9 is something that I considered. My thought was just to try running it with 1 board. Well the two are almost implied as if you're looking for 300W there is less heat to dissipate so less fan spins less noise, also since it's just 10 means less chips so much cheaper  But efficiency, you're not going to get it compared to the new generation, so ..really hard to come with something. Obviously, I don't just want to burn money, so efficiency does matter, but I'm really just HODLing. I've got to heat my house one way or another, I get to support the network, and maybe some day, my $50 month increase in the electric bill turns into something more. I have a whole bunch of mining stuff that I use to heat my house, but my basement is cold, and I think the wattage range of 300-600 will put me in the Goldilocks zone. The few things that I've been looking at: - The S9, likely only running 1 board (I think that's possible) It's very inexpensive, but ancient and inefficient. It would get the job done, but the fan noise is a downside. - Avalon Nano 3 (Thought about getting a few of these) Seems like they are quiet, and reasonably efficient. Downside of these, it doesn't seem like they quite exist yet, and the purchase process felt a little iffy https://shop.canaan.io/products/avalon-nano-3?VariantsId=10282- Apollo BTC Pretty similar to the Nano spec wise, but it's a little more expensive. Purchase process seems legit. https://shop.futurebit.io/products/pre-order-apollo-btc-a-bitcoin-asic-miner-and-desktop-class-computer-running-a-full-node-and-much-more-batch-1-ships-in-late-april-to-may |
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Trying to find some BTC miners that are reasonably low power.
Ideal range would be 300-600 watts. Something efficient and quiet. I need the lower wattage as we we limited in the US. Looking for something I cohk
I use Asics to heat my home in the winter, but I need a couple more to really provide complete coverage.
Trying to find something that is efficient, quiet, and not break the bank. Does anybody have any suggestions? Also, must run on 110V.
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Im also quite interested with this topic. Not yet trying out master node or running nodes but its one of my goal this year to be able to cope and learn to do that as they say that most of the privilege and potential incomes are come from testing and doing node runners. Like some tokens and coins of celestia and other major coins in the past. Maybe its out of my line too but I am willing to learn to OP.
Am I on right inquiry? Or same topic about nodes?
Maybe I will take some notes, and share my journey on the forum. For testing purposes, yes you can run and experience how it is to operate it but it's no longer an option to make money even staking isn't profitable or I would say not worth the risk we are putting in it. So just learn about the trading if you want to make some money or just with the holding alone so you could be making more money while doing nothing at all and the only job you have to do is to invest on the right projects.
you missed that boat and even then it was more lucrative just to buy and sell than try to mine those coins
Trading is exciting, but doesn't completely satisfy the inner nerd. Although, I have tinkered around with trading APIs, and that is a fun idea... Mining is fun though, and it keeps my house warm in the winter! Instead of going with masternodes, there goes the staking(PoS) from different projects and that's much better if you'd ask me if you want some passive income. And the gains won't that be much for the good ones but still a passive thing, right?
I realize I'm not going to make a fortune with this, but I just like to tinker. I just haven't really got into the proof of stake stuff much. I do hodl some, but I'm more hopelessly obsessed with mining and PoW coins. I've been reading about this for a few days now, and I'm in. I will document my journey though. Will post it in a different thread, but I'll link to it here. Thanks for your input, everyone. |
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Are masternodes even still a thing in 2024? The last time masternodes have been hot was in 2016-2017 with projects like Dash. The cryptocurrency industry has moved to staking now — which makes a bit more sense because it's pretty similar to dividends with stocks.
I'm generally late to the party. I'll probably get into staking in 2031  Experimenting with masternodes on a VM can be cool! The number depends on your machine's power, but you can usually run several. Returns vary, so check each coin's potential gains. It's a mix of tech fun and potential profits and worth a shot if you enjoy both  That's pretty much what I'm looking for. Really not concerned with the profits too much, as the machine is just sitting there most of the time anyways. But, yeah... just looking for something to nerd out on this weekend. If anyone else has any feedback on coins to avoid, I'd appreciate it. My first one will probably be something with a extremely low entry cost, just to dip my toes in the waters. |
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Reading a lot about masternodes of a bunch of different coins.
Interested in setting some up as a test on a VM.
- Anybody have much experience with them?
- How many do you think you can run on 1 machine.
- worth the trouble?
Seems like there is some decent info out there, but do you see some return on the work?
Thanks,
IdMineThat
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You try to act like hunters who have recently come to hunt and begin to divide the unkilled prey among themselves.
Fair. A kitten is still technically a hunter. I am sincerely just trying to learn. Bitcoin is not primarily protected by legal laws that will not help ordinary citizens. Bitcoin is protected by mathematical laws that are fairer.
That, is rather lovely. |
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If someone randomly selects the exact same private key with yours (which is immeasurably improbable to happen), then two people have custody of the coins, and either of them can spend them to themselves. No, there is no law that protects you from such scenario.
Thanks! I think that's kind of the beauty of the challenge really, even at 2 66, nobody has figured it out in years. I was just reading through the puzzle/challenge stuff, experimenting with some code, and naturally I tried hashing "password", which resulted in an address that did receive and send bitcoin. So, I started trying other random words, phrases, etc... I got a surprising amount of hits. I figure most of them are done comically, sarcastically, but I found it interesting, and wanted to see what the consensus was, or if there were any previous court rulings, or real world examples of this. |
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Random and clone were a poor choice of words. Let's say that someone hashed something, a book, a phrase, a word, etc... and used that hash as a private key to generate an address. You happen to generate the same private key, in the same manner. If there is a balance on that address, and you have the key, do you own it? The mantra, "Not your keys, not your coin" comes to mind. Hypothetically, if some was able to crack a BTC address with key, Do they own the coin?
I'm no lawyer, but seems to me there ain't really any laws yet dealing with newfangled digital coins like cryptocurrencies specifically. But we can take a look at the legal framework around regular physical stuff people find and draw some parallels maybe. Way I understand it, whether you get to keep something you find depends on the details, like how and where did you find it, what is it exactly and whats legal in your jurisdiction. General rule of thumb is if whatever it was got abandoned - as in, the owner done gave up on getting it back and said sayonara - then finder's keepers. You find it, it's yours now. Few exceptions though. Say it's property whats been lost, just misplaced accidental-like and the owner still aims to come back for it. Or it's stolen goods that got taken without permission. Then finding it don't entitle you to squat. So in the case of cryptocurrencies it'd come down to the specifics I reckon. If theyre truly abandoned with no chance the owner tries tracking them down again, you could argue they're legally yours now. But if they're lost or stolen, probably not. Of course, that's just my casual understanding. Like I said, aint no lawyer here. Well said. I do feel like the lost property argument would be challenging to win on (also not a lawyer). If you didn't have the key, it would be really difficult to prove an address was "yours" |
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I've been reading a lot about the 1000 BTC bounty for cracking a range of private keys.
It made me think... Hypothetically, if some was able to crack a BTC address with key, Do they own the coin?
Been reading through the Bounty and had the good & evil pop up on my shoulder.
Beyond the ethical ramifications are there laws protecting you if someome randomly clones your private key?
How do you own a key?
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Just wanted to give your site a compliment.
Just started Litecoin mining recently. I've been testing on a variety litecoin/merged site, but I really like your layout. It's simple, but it's artfully beautiful. Everything on the page is relevant, no flashy bs. I really love it.
Thanks for your service!
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Hi,
I've been screwing around with a yiimp mining pool and was curious if anybody knew why the default yiimp settings for Minimum difficulty and Maximum difficulty were chosen? Is there any significance to these numbers?
#define YAAMP_MINDIFF 0x0000000080000000
#define YAAMP_MAXDIFF 0x4000000000000000
0x0000000080000000 = 2,147,483,648 = 231
0x4000000000000000 = 4,611,686,018,427,387,904 = 262
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Just wanted to say thank you for everybody's feed back on this. I ended up printing $20 BTC notes for Christmas presents. Half of the people gave me the oh, thanks. Half of the people were really exciited.
Anyways, thanks for your help! It was a fun learning project.
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I love the idea of spinning up a couple of cores and throwing them at a qt wallet. I feel like everyone probably has a couple cores they could spare, and the idea of everyone uniting behind something like that is appealing.
However, in some previous thread, one of the zen forum wizards brought up a really good point. CPU coins are easily susceptible to Bot Nets. They can easily mine, they can sell at any price, and easily devalue the market for the coin.
I read this question, and it stuck with me, trying to think of a solution. I don't really love any of these ideas, as they all have glaring flaws, but for the sake of discussion....
The first thing I thought of was some sort of captcha on the qt wallet. Obviously, it can be easily circumvented in a number of ways, but it would be enough of a pain in the butt to make it less appealing.
Was just curious if anyone else had any ideas or counter points. In a way to keep CPU Mining valuable to the people.
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I've been mining this for about a week, and I've been doing well with it. Being on the YesPower algo gave lots of options to mine it, but I like the simplicity & purpose of throwing a couple cores at it in the qt wallet. I also like the non-fluff/BS that I see on a lot of these coins.
Do you need any help with this project? I'm a total noob, but I'm trying to learn as much as I can. I feel like volunteering my time would be the best way to learn some more, and your project seems worthy.
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Any feedback on pwall.org as a paper wallet generator? Didn't really see a lot of negative, but still hesitant to trust.
Thanks.
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I think the very act of mining a coin is what creates it's value. The time, energy, and faith that people invest is what creates a long term value.
I think those phases and tenure of a coin are required to create something as beautiful as ETH and BTC are right now. These coins started as something practically worthless, but people didn't care. They weren't making fortunes at that point. They were just average people, but they endured. They invested their time and energy because it made sense to them... They had hope that some day it would mean something, and it paid off big time. Just because ETH is going PoS, that dream isn't going to die. People are just going to find something else to mine, and the cycle is going to repeat itself.
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First, thank you for your brains and info. I think this link is what I was really looking for. The math behind it is what really interests me. (Quite possible I completely failed at quoting you. Tried to be cool. (I'm probably not)) I was once like you, thinking it would be possible to generate the duplicate keys caused by someone else. Considering that you can hit the jackpot that has the lost bitcoins in store, but of course, it's all just a dream. Just like what the other member said, that number is so significant that there's no chance that you can recreate it.
If someone could have programmed that, you could bet your life savings that they have already done it, but no. It's just not plausible.
It's not that I want to generate duplicate keys, I mean that would be really cool, but it's really for my personal assurance and understanding how it works. I'm just getting into mining, and the entire process really interests me. Basically... My puny human brain can't possible fathom 2 256 or 115,792,089,237,316,195,423,570,985,008,687,907,853,269,984,665,640,564,039,457,584,007,913,129,639,935 and the security is derived by that number being so astronomically huge, that nobody can guess your number, unless it's a Douglas Adams book. ***bows in respect*** |
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I'm curious how the paper wallet generators such as bitaddress.org work. If they can generate offline, doesn't that mean that every possible public key and their corresponding private key already exist, and whoever is capable of programming something like this has all the private keys?
Thanks
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