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Alternate cryptocurrencies / Mining (Altcoins) / Mining private coin with rented cloud rigs and possible mitigations
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on: February 25, 2018, 07:56:52 PM
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Let's say I start my own private coin, by cloning an existing coin and making necessary adjustments. Let's assume the net is up and running and I have a few working nodes. I'm using one of the vanilla algos, nothing fancy. Would it be theoretically possible to rent mining capacity on a cloud service for my new coin? Provided I setup my own pool.
I know cloud mining is in Marketplace, but it's just a theoretical exercise, I'm interested form a technical standpoint.
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126
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Local / Romānă (Romanian) / Re: V-ar interesa un topic de analiza grafica?
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on: February 19, 2018, 10:48:10 PM
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Din constatarile mele personale, analiza tehnica in lumea crypto merge cam asa: - Pe termen lung, numai chestiuni foarte generale precum suport si rezistenta si, uneori, suporturi oferite de mediile mobile exponentiale. Sunt urmarite mediile la 100 si 200. Ai zice ca zile, dar am vazut ca unii le urmaresc si la ora. - Pe termen scurt si foarte scurt, par sa mearga oarecum indicatorii de tip oscillator. RSI e relativ util daca vrei sa faci day trading. Am vazut ca tehnica preferata de multi este Elliott Wave. Sunt mult pe youtube si steemit care fac asta, nu cred ca noi am fi mai buni. De exemplu: https://steemit.com/@haejin. Cred ca acestuia ii ies maxim 50% din predictii. Daca vrei, mai am si alte linkuri pe youtube. Iata insa acest articol din 6 februarie, cand a fost minimul bitcoin: https://www.coindesk.com/bitcoins-price-nearly-unwound-futures-boost/The above chart (prices as per Bitstamp) shows:
BTC has retracted more than 61.8 percent of the rally from Oct. 2011 low of $2.22 to Dec. 2017 high of $19,666. Vrea el sa ne spuna ca a identificat un nivel Fibonacci. Pe bune? Un nivel cu referinta pe 6 ani? Crad ca a cautat mult si bine pana a gasit ceva care sa se potriveasca ci situatia.
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127
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Local / Romānă (Romanian) / Re: Informatii Libra Bank
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on: February 19, 2018, 03:46:18 PM
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Mi-am făcut cont īn cele din urmă. Am mers la bancă, mi-am făcut cont pe loc doar cu buletinul. Stiai ca puteai sa nici nu mergi, sa-ti faci cont aplicand doar online? salut, unde scrie ca libra bank accepta tranzactiile crypto? Nu scrie nicaieri public. Au trimis ei o informare catre clientii care faceau tranzactii cu crypto. Dar au avertizat totusi ca pot sa ceara documente doveditoare etc. Adica probabil ca daca faci schimburi cu persoane fizice, s-ar putea sa te ia in vizor.
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128
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Economy / Computer hardware / Re: [Batch 2 IN STOCK!] FutureBit Moonlander 2 Official Pre-order Thread
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on: February 16, 2018, 05:35:45 PM
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Cant really know ahead of time for issues like this, otherwise Im sure he would have made an announcement. I understand it's out of their hands and depend on an external service provider. I can resonate with the situation when the big supplyer screws the small shop operator. However, there was no announcement of a lead time, as they claim, and it was here the first time a saw there is a lead time. No point in claiming they have notified the customers, when they have not. They should explain clearly the situation and take responsability for what their responsability is: listing the item in stock when they knew there were supply chain problems.
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130
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Economy / Computer hardware / Re: [Batch 2 SOLD OUT] FutureBit Moonlander 2 Official Pre-order Thread
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on: February 15, 2018, 04:06:50 PM
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All orders currently are in stock units, we don't take payments for units not in stock unless it is explicitly stated by my distributors and myself that its for a pre-order. That may be so, however bitshopper seems to have a looooong processing time for items in stock. I ordered last week and the items are still processing. Ordered from eyeboot and they mailed the package within two days.
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131
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Local / Romānă (Romanian) / Re: V-ar interesa un topic de analiza grafica?
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on: February 14, 2018, 10:57:49 PM
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Analiza tehnica, nu grafica. E mai mult arta si magia de a observa tipare (patterns). Care se confirma sau nu. Dar e plin pe youtube si pe steemit de multi analisti tehnici fara audienta, poti sa te abonezi la canalele lor. Analizele se confirma uneori, pana cand nu se mai confirma. Nu s-a confirmat mai nimic la ultima scadere a bitcoin. Citeam pe coindesk o analiza "daca luam trendul de cand a inceput bitcoin rally in 2011, la 2 $, nivelul de 5800-6000 a confirmat suportul". Mda, ok.
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132
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Economy / Computer hardware / Re: [Batch 2 SOLD OUT] FutureBit Moonlander 2 Official Pre-order Thread
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on: February 12, 2018, 05:33:38 PM
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Bitshopper.de is out of stock from quite some time. Have they ordered any stock resupply from you? And what do they mean 1 Futurebit Moonlander 2 (Edition bitshopper.de) in Aluminium box What box? Yes they will have lots of stock available starting this week Still not in stock or they had little stock that ran out. Now in stock. WTH. Wow. Nice! Order is out. They are acting strange. Now it's out of stock again. Really hard to say if they are throttling orders or simply taking payment for products not really in stock. Thing is, my order is still processing. Will report back when it actually gets shipped, though it would have been enough time to be shipped by now. Is it possible to get this to mine other algorithms that aren't Scrypt? Such as Cryptonight. No. Asics are optimized for a specific algo. As to your example, Cryptonight is (ATM) Asic-resistant. This is usually achieved by requiring a lot of memory, which when implementing this on an ASIC, translates to needing lots of physical area on the chip.
ASIC implementations derive their power from having many physically parallel and pipelined threads on one chip, each requiring a certain piece of chip real estate. Now if your algorithm requires lots of real estate even for one step of the pipeline, there will not but much room to actually parallelize or pipeline the algorithm. Thereby you will lose the parallelizing advantage of an ASIC implementation. Source.
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134
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Local / Romānă (Romanian) / Re: Informatii Libra Bank
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on: February 08, 2018, 09:11:45 PM
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Libra Bank accepta in mod oficial tranzactii crypto de la 1 ianuarie. Anterior aveau retineri si au avertizat clientii sa nu mai faca viramente, dupa anul nou au revenit si au spus ca se poate. Dar oricum se putea si inainte, daca nu atrageai atentia cu sume mari.
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140
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Alternate cryptocurrencies / Altcoin Discussion / Re: UNITED BITCOIN
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on: January 30, 2018, 04:17:16 PM
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but not many exchanges are anonymous and they may well have signed up with garzik's company to keep track of questionable coins. exchanges these days are alot more scared of breaking an unknown law than annoying you. Fine than. I shapeshift to some untraceable coin and the analysis chain is still broken. All they might know is that at some point in the past the fake name and disposable anon sim I used has had some BCN or something of the sort. I believe this is too elaborate and of too little value. When the "tax" they request is hard cash in hand, much more palpable.
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