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1061  Other / Meta / Re: harizen - ban appeal on: October 05, 2023, 11:47:33 AM
So starting from the assumption that everything you have told us is true, there is a simple thing you should check first
- log in to all accounts created with the email address used for the forum!
- that doesn't trigger any red flags try to verify all accounts for which you have used the username/password combination

If you have discovered others have also been hacked or are blocked for logins or anything fishy then you might have a ton more problems than the bitcointalk account.

Once you zero in on this account only, then it's far easier, no malware will only target your Bitcointalk account, no hacker will be satisfied with this!
From mistakenly using a clone website to log via a phishing link to connecting by mistake to a compromised Wi-Fi while traveling, not that just because it happened now doesn't mean that the person got access yesterday, he might have had it for months and just waited for it or was unable to use it.

1062  Economy / Economics / Re: Marriage mean double your passive income, rental property mean double your passi on: October 05, 2023, 11:31:54 AM
"First rental property would fund your travel expense
Second rental fund your sport car
Third rental fund your private jet
Fourth rental fund your yacht
Fifth rental fund your private island
... and so on"


And in other news gold bars bearing apple trees are for sale at Walmart for 99 cents!
Let's assume everyone marries and gets five rental properties so we have 4 billion couples renting out 20 billion properties to 40  billion people..

I think somewhere in this there is a tiny mistake in the planning that just like the Death Star will bring everything down in a split second..
Oh yeah, here it is:

China's 1.4 billion population can't fill the country's millions of empty homes

Why having multple sugar daddy seem more appealing to me, one sugar daddy one passive income, two sugar daddy two passive income, 100 sugar daddy 100 passive income, simple maths!

But why stop there, 1 million sugar daddies, so she will have exactly 20 seconds in the year for each one of them (assuming we don't count sleep). Let's go to 1 trillion sugar daddies because there are one quadrillion rich old people in this world.
1063  Other / Beginners & Help / Re: NERDMINER: Bitcoin lottery miners on: October 04, 2023, 08:45:15 AM
~
Of course, all the other conditions, namely efficiency at the hash machine and price of production factors (electricity, miners), have to be accounted for to prospect a true economic return.

That's the thing I was trying to point out, maybe it got the wrong way and emphasis on a different thing but none of those devices will ever make sense economically matter how you pack them or to what other thing you glue them to, and people should really stop treating them as miners and look at the cost and revenue. Those are more like toys or collectibles or the stuff you buy out of curiosity, I don't think anyone plans to go into the printing business with a 30$ machine or bake goods for its bakery with a single microwave.

It's a fun thing, and it does its job but to be completely honest if it were about learning only I would advise everyone to simply buy an old miner that goes for the same price as those USB miners and explore that since for $40 you can still get a running S9.  You don't need to keep it running 24/7 if you're only learning, and you would deal with a real ASIC, not to mention all the experience gained when that 5yo miner starts to give errors, disconnect, reboot, and lose power all by himself Grin
Pretty much depends on what you want to do and what you want to learn from it.

My idea is ASIC Bitcoin mining farms can install those Nerdminer equipment and do mini solo mining to try their luck. I believe it does not cause any big cost on those big mining farms.
~
Analyzing cost and benefit, I see it is worthy for big ASIC mining farm operators to try with NerdMiner.

Did you actually read the thread?
Oh forget the thread, did you read the FIRST paragraph? The one with red letters?
1064  Bitcoin / Mining speculation / Re: 2023 Diff thread now opened. on: October 04, 2023, 07:26:21 AM
Oh, I just barely managed to keep my record intact, I need to leave common sense out of this next time, it's becoming dangerous  Grin
Congratulations phil, and now that the competition is over, between us two, those ~3-4 exa that went online in the last days, you turned on those miners just to win, right?  Grin

Quote
Latest Block:   810583  (2 minutes ago)
Current Pace:   108.2575%  (152 / 140.41 expected, 11.59 ahead)

Pace is pretty high for the first day, totally opposite from the last period when we started with -5% for nearly three, so normally, without taking luck and randomness into account this would mean mining gear build-up lately.
Wonder if Bitmain is "testing" their S21
1065  Bitcoin / Bitcoin Technical Support / Re: [Oct 2023] Fees are lower, use this opportunity to Consolidate your small inputs on: October 03, 2023, 07:10:47 AM
And I was surprised how quickly the fee increased again.

It's not just dumps of TX, we had two weird lock times yesterday:

Block 810326 was mined 1 hour and 9 minutes after the previous
https://mempool.space/block/00000000000000000001e6e02dcc15eaf643c126bc50d9f76320ebd9e8104c99
fees jumped from 7 to 40.

Previously block 810307 had a 50 minute delay:
https://mempool.space/block/000000000000000000027d7f4259586a846e9c0608901fff17ca036709d5efb4
fees jumped from 2 to 26

You can actually see them even in the 24-hour graph in the mempool buildup when there is a continuous climb with no drops


1066  Bitcoin / Bitcoin Discussion / Re: When are we going to see the mempool empty again and 1sat/b confirmations? on: October 03, 2023, 07:01:15 AM
And it's here:

The mempool having just leftovers

Only 21 blocks worth of tx left


The interesting thing, in the poll just one person out of 15 said 1 month which turned out to be true.

this means if you know maths(doubt you do)

Of course franky, of course, you see, the only problem is that you know the ancient math, that one where we only had numbers from 1 to 2  Wink
https://mempool.space/tx/9ed475ae427fdc2862ef2fc556d59130883aeb98902799c8bcddc10639de662e

Quote
Fee   2,552 sat $0.69
Fee rate   23.3 sat/vB   

Not my problem you're stuck in the past and you're using furlongs and pints while everyone has moved away.
1067  Other / Meta / Re: Come on, why remove a whole topic from politics board? on: October 02, 2023, 06:59:21 PM
I couldn't find it in ninja's site, it was removed so fast that ninja's site couldn't archive it.😂

Try harder
https://ninjastic.space/topic/5467560

And yeah, all these should go straight to the trashcan, they are one of the reasons P&C became a cesspool in the first place.
1068  Other / Archival / Re: [banned mixer] - Premium Bitcoin Mixer | Launched in 2018 🛡️ on: October 02, 2023, 11:50:47 AM
with this post i would like to introduce you the [banned mixer] x Icarus cards, which will be distributed to the users by MixTum through various raffles.
there are 20 cards in total (serials and their addresses can be found in the list below), each funded with 0.001BTC by [banned mixer].

Any updates on this?

And about, since I have a solid record of always picking the wrong numbers, estimators, everything, close to becoming a legend in the mining speculation board on my misses,  so I know my chances of winning the raffle are below zero  Grin is there any chance of making a batch for purchase?

A simple batch, no need for it to be funded so it doesn't imply any financial constraint on mixtum, and make it something like a pre-order?
If you find 10, 20 30 how much is required for guys willing to pay and put down the money you make if not, that's it,next?
Just a thought as I guess nobody will lose a thing and everyone gets something, Mixtum in advertising, you in making something to be remembered  Cheesy , and us getting some sort of not that limited but still limited shiny card.
1069  Bitcoin / Mining speculation / Re: Do you think that Bitcoin is more worth buying than the ASICs? on: October 02, 2023, 11:40:54 AM
Guys guys at the bottom of the images the footnotes say "methodology: Household electricity cost calculated using height Bitcoin mining models and globalpetrolprices.com data from December 2022" Further reading could go in here https://www.coingecko.com/research/publications/bitcoin-mining-cost

Yeah, and?  Grin
It doesn't change the fact that it's stupid just because it has a disclaimer they used data that is stupid when used so?!

Globalpetrolprices takes its data from the IEA
https://www.eia.gov/electricity/monthly/epm_table_grapher.php?t=table_5_06_a
so yeah, the data is good, that's how it is the USA has a 16c/kwh price.
So what?

Do you honestly think 30% of the hashrate that Foundry alone boasts about is running at 16 cents? When you find a nice pic online do you immediately take that conclusion for granted just because it states some source on Wikipedia as the basis or treat as if it's some holy grail of knowledge just because it was posted on a a website?

This is why people are angry here, because if we stop posting this stupid shit and get them views then they would also stop creating this stupid thing in the first place!

1070  Bitcoin / Bitcoin Discussion / Re: Waste to energy; one of the solutions to BTC mining and adoption. on: October 01, 2023, 04:39:15 PM
Ever considered venturing into waste business?
It is lucrative and a very creative endeavor for the people of Copahengen to have built a very large waste to energy conversion plant and infuse it with ski sports and any outdoor sport or for relaxation of people withing the vicinity

In theory, in reality, a money pit!
That thing has burned more money than waste, had to be bailed out 3 times already in a decade.

A Danish fiasco: the Copenhagen incineration plant
https://zerowasteeurope.eu/2019/11/copenhagen-incineration-plant/

With recycling taking more and more trash out of the dumps in economically feasible processes and Europe emphasizing more on recycling than just burning it for energy large plants make no sense anymore, and smaller ones make sense are not going to be running 24/7 but in snatches to provide energy during peak consumption times.




1071  Bitcoin / Bitcoin Discussion / Re: When are we going to see the mempool empty again and 1sat/b confirmations? on: October 01, 2023, 03:29:16 PM
As long as we keep trying to push for adoption, I honestly don't see this happening anytime soon as demand will keep tx fees high...

Look at the mempool prior to April this year!

How many TXs have been put off till 'later' since someone did not want to pay the ordinals tax?
Give it a while for people to find out that 2-3-4 sats will get you in the next block or so and pool will fill a bit.

I think the number is way smaller than we might have thought before, it would have been one thing if the fee would have hovered around 100sat/b but with it being for months in the 10-20sat/b and the biggest users (exchanges) already paying way above that I don't think there are that many users who have postponed their transactions and they have such a long batch of it to broadcast.
Assuming 20sat/b for a tx it was still under $1 so the most we can expect is consolidation.

One of the more popular BRC-20 tokens, SATS, was "minted out" on Sept 24th... all 21 quadrillion of them, lol.
~
Here's a tweet that just about sums it up & potentially explains the lull in Ordinals activity:


Interesting so the dump from 44k to 8k (with a ton of zeros before that I'm not going to count) happened roughly 24 hours after the mempool started its decline and in the same timeframe with the stop in minting them, so it might be possible that the hype and usage was already dead and the congestion was because of the project still going out of inertia and long-missing periods?
1072  Bitcoin / Bitcoin Discussion / Re: Do you think Satoshi got rid of his private keys? on: October 01, 2023, 02:37:45 PM
The reason why he mined and saved almost ~1mln.BTC is because at that moment almost no one knew about the existence of bitcoin and Satoshi was the only one who mined btc for a long time (at that period).

Complete misconception!
Hal mined block 78 for sure and a lot of others on top of that, there are other known cases as block 3654 which was used as a way to troll Craig Wright and many others from earlier days.

Satoshi wasn't the only miner and he kept mining way too long for just security reasons
https://news.bitcoin.com/strong-evidence-suggests-a-single-entity-mined-more-than-1-million-bitcoin/
1073  Bitcoin / Bitcoin Technical Support / Re: [Oct 2023] Fees are lower, use this opportunity to Consolidate your small inputs on: October 01, 2023, 02:08:43 PM
so I suppose that both booting out and new ones being allowed could be ongoingly happening for those lower mempool amounts, and node operators have their own rules in terms of which transactions they choose to recognize... Isn't that how it works?  Every node has its own mempool that it recognizes?

Yes, every node owner can decide what he wants.

And you can change a lot on that, increase or decrease the maximum amount of transactions in your mempool by either playing with the standard maximum space allowed or the minimum fees that you will keep in the pool. But it only matters if you're a miner and not just a node since no matter how you want to trim your mempool it doesn't mean only those tx will get confirmed or in that order, neither does it mean that you dumping them means everyone is doing so.

Mining 2 sat/vbyte is still better than mining empty blocks.

Depends, if that block is mined right after you're done with the template and before you have received the previous block data to check the transactions most miners will broadcast that empty one and not wait to recreate the full block, sometimes an empty block right now it's better than a block full of tx two seconds later, after all, it's 170k versus the possibility of getting $175k.

https://mempool.space/block/0000000000000000000150da9b509c75e9c9706bb167d09765c41d88892e2c01
3 blocks in 1 minute

Of course, this will change radically with the block reward getting smaller and smaller.




 
1074  Bitcoin / Project Development / Re: Mixin Safe: A Convenient and Decentralized Multisig + MPC + Timelock solution on: October 01, 2023, 11:36:21 AM
That'll still be 10% of all user funds gone forever and really $20 million should not be the amount of bug bounty you give to someone. Even Theymos does not give out such huge amounts for bitcointalk security.

Think the other way around.
You don't spend 20 million, you get back 180 millions, even half of it and you're still from this moment gaining 100 million to your balances!

There is one thing I'm surprised about and it's indeed strange for me I'm the only one thinking this, but isn't it a bit weird that indeed they had this huge amount of funds around? For a service that really went big in the last years and was a bit unattractive to the masses for its complexity, I'm quite amazed of the amounts stolen. We have exchanges that didn't have that much on balances in their life so and it's a different type of business altogether.

Anyhow, reading this topic now, some of those quoted aged worse than bull milk!





1075  Economy / Trading Discussion / Re: Do we need to backup Screenshots balance on exchange? on: October 01, 2023, 11:18:18 AM
2. If you are forced to store your funds or crypto on an exchange, don't forget to take a screenshot of your balance and account. This SS is useful if at any time something bad happens so you already have proof that you have funds there. Usually SS balance is a requirement for claiming recovery money.

Where do people come up with these random ideas and think it actually is something that matters?

SS of your balance in court without anything backing it? Every judge will just order 100 copies of it and offer it as TP to the jury.
You will need to authenticate this before it is accepted as proof, how would do you it?

You have on any exchange the option of downloading a complete statement of your account, why bother with screenshots?
For example:
https://www.binance.com/en/support/faq/how-to-use-binance-account-statements-e12bc83ec9ba4e96a076d2b4a4419182

And if this post is useful for you, give me merit

&##&^&^ !
1076  Bitcoin / Development & Technical Discussion / Re: NFTs in the Bitcoin blockchain - Ordinal Theory on: October 01, 2023, 10:48:04 AM
Has something happened these days that led to this drop in BRC-20 tx?
I've noticed that too, as I've also created a related query dashboard Smiley

Yeah, the more time goes by the clearer it becomes this is an abrupt halt, even if it were a bubble going off or finally the hype dying it wouldn't have happened just like that.

So I'm currently quite clueless, but your suspicion about most of the Ordinals activity being maintained by a few centralized actors (regardless of their intentions) could be true actually.

To be honest I don't plan to dig deeper and waste time on something that I'm not sure I want to know or have knowledge of but my initial thought on this decline was to blame it on something like that
- a large ordinal minting service going either offline or having troubles
- as you said, this whole activity might be actually faked by some groups who as you said are in control and faking both auction and trading activity to trick buyers into it and those who have taken a break, are probably not worth it anymore.

More than thinking his tweets and position have started this slowdown in minting one might have to ask if he and his business friends were not actually responsible for the entire activity, so rather than him making others stop it was just him deciding to stop.
1077  Bitcoin / Mining speculation / Re: 2023 Diff thread now opened. on: October 01, 2023, 10:23:56 AM
Stompix has a world record of wrong difficulty adjustment predictions  Cheesy,

And for eons to come his achievements will be looked at in awe by mortals and gods alike, amazed by the inaccuracy and trembling in fear of his army of flying pigs that will spell the doom of Bitcoin mining when his numbers finally hit the mark!

I'm more surprised that I'm so close by but the actual reason is not my "accuracy" and more the fact that I've chosen something in the middle, now that I look back the thing does make a bit of sense after a high build-up one as large was nearly impossible, a crash would have happened only if something else would have triggered it like weather or political situation in a country so with those narrowing down it would have been around -2.5 /+2.5. Adding a bad start-up and, hmm...I guess it wasn't as bad though as I thought when I posted.

Pace in last days was 139, 146 and again 146 so, without screwing around with the other's luck I believe in a positive adjustment, were just 6 blocks of the pace, and luck can turn this around in a matter of hours not days.

Quote
Latest Block:   810144  (5 minutes ago)
Current Pace:   99.6112%  (1729 / 1735.75 expected, 6.75 behind)

Anyhow, funny map from CNBC (with foundry sources)
https://www.cnbc.com/2023/09/26/where-are-bitcoin-miners-in-2023-texas.html

It again shows how taking the energy flat rate into consideration makes no sense, New York is ranked at 22.37 ¢/kWh and still ranks the third state in the country by hash rate, normally at that price everyone would be bankrupt.
1078  Bitcoin / Bitcoin Discussion / Re: When are we going to see the mempool empty again and 1sat/b confirmations? on: September 30, 2023, 03:42:19 PM
And nobody said less than one month which might look like a winner right now
The mempool is drying up at an insane pace:



In just 6 days we went from 200vMB to barely 60vMB and the weekend is not finished so it might go till 30 or even less by Monday evening.
Same as fees from 10-20 on average now 3sat/vb are getting confirmed.

And now that the ordinals are gone, one could ask...where has the actual usage gone?
1079  Bitcoin / Bitcoin Discussion / Re: Do you think Satoshi got rid of his private keys? on: September 30, 2023, 12:56:11 PM
I want to draw attention to another point. Initially, Satoshi planned 21 million bitcoins. If he has obtained ~1 million, which lies unmovable in his wallet, then this figure of 1 million bitcoin undoubtedly falls out of the general circulation (those same 21 million bitcoin). This is a clear contradiction to the original idea. He chose the figure of 21 million, not 20, right. . If Satoshi could and wanted to make a donation to the BTC-community, he would have sold it cheaply in the early stages or distributed it to the rest of the bitcoin-network participants, rather than deliberately reducing, note, the number of coins by ~5 % (more precisely 4.76%).

If he had planned to release them back then it would have made no sense mining for so long and hoarding them in the first place, right?
Besides he viewed things differently and saw no need for redistribution:

Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone.

1080  Bitcoin / Bitcoin Discussion / Re: They will probably use Loaded's coins for something within the next 12 months on: September 30, 2023, 11:14:34 AM
They've gotten a bunch of coins with the whole Loaded incident. Whenever they get a big stack you just gotta ask yourself, how are they going to use it?

Drop your tinfoil heat and read the news:
https://www.docdroid.net/cAA99Gw/123-pdf#page=23

Quote
With respect to the 51,351.89785803 Bitcoin forfeited in the Ulbricht case before Judge
Schofield, the Government has begun liquidating (selling) it. On March 14, 2023, the Government
sold 9,861.1707894 BTC (of the 51,351.89785803 BTC) for a total of $215,738,154.98. After
$215,738.15 in transaction fees, the net proceeds to the Government were $215,522,416.83. Of
the Bitcoin forfeited in the Ulbricht case, there remains approximately 41,490.72 BTC, which the
The government understands is expected to be liquidated in four more batches over the course of this
calendar year.

Loaded coins are long gone, there have been two more auctions, and there are less than one-fifth of them left and Blackrock didn't buy any of those. Besides, if they wanted coins they could have gotten those already even without anyone noticing, they own shares along Fidelity in almost every single large mining farm.
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