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761
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Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 253 blocks solved!
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on: December 29, 2019, 12:32:13 PM
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@ philipma1957 Good luck to the "10 fools club for solo.ckpool"
@ MagicByt3 how about calling your club the "10 luckier fools club for solo.ckpool"  I'm actually in awe at how quickly the paid pool filled up seems we have some gamblers in the house. I think we could drop the fools from the name and go with, 10 hashate hero's still striving on for glory! sounds much more epic! End of the day we still got our hashrate after the rentals dry up and we don't have a time limit on our shot. While we slowly cruise on past with the windows down and the system up!  |
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762
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Bitcoin / Bitcoin Discussion / Re: Global Debt to be Worth $12 Million per Bitcoin by Year End
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on: December 29, 2019, 01:56:04 AM
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There is no relationship between Bitcoin and the value of the financial sector, economic output or worldwide debt. You can compare the value of Bitcoin to the value of anything, but that doesn't mean that they will some day be equal.
The most appropriate comparison is to something that Bitcoin can replace, such as base money, which is about $19 trillion. Only then can you get a realistic target.
Hmm. I would beg to differ on this thanks mostly in part to a very famous post by the late Mr Hal Finney, From the quote below it seems that it may have been a possibility that things like debt, wealth and other factors were indeed looked at at some time. While the debt clock continues tick closer to the western financial disaster on the horizon it seems the captain of the ship's heading for the rocks are doing what they always do... Nothing. No warning calls just debt based financial ruin lay's ahead.
As an amusing thought experiment, imagine that Bitcoin is successful and
becomes the dominant payment system in use throughout the world. Then the
total value of the currency should be equal to the total value of all
the wealth in the world. Current estimates of total worldwide household
wealth that I have found range from $100 trillion to $300 trillion. With
20 million coins, that gives each coin a value of about $10 million.
So the possibility of generating coins today with a few cents of compute
time may be quite a good bet, with a payoff of something like 100 million
to 1! Even if the odds of Bitcoin succeeding to this degree are slim,
are they really 100 million to one against? Something to think about...
Hal
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763
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Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 253 blocks solved!
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on: December 29, 2019, 01:20:31 AM
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I do not agree.
If 10 people joined up together on the main pool you still wouldn't get such a large share of the prize. as the rest of the pool takes a slice too.
Here if we team up some hashrate the payout would be much much better.
If that were not the case why would 10 people throw 0.125 btc at a "shot" at the block.
Why not just point hashrate at it?
Dear friend, ten member with 500GH? what that means? I would cooperate when this team be able to collect 20,000TH. I can provide 200TH. No it dose not say ten members with 500ghs. It says 10 members, with a minimum hashrate to join of 500ghs which would be around a S3 antminer. It just stops people with stick miners trying to join taking up a place. Here's an idea Magic, it would probably be better to start the pool 10 slots with a minimum 200Th so that way the odds increase with 1Ph instead of having slots used up by lets say 2-S3 500Gh 3-S4 2Th 2-S9 26Th 1@200Th 1@400Th 1@500Th Becuase i wouldnt want to bring my 400Th to this game. I like the idea chillfactr. But the idea was to try get some smaller miners together for the run we still need to be super super super lucky. It was more an idea for people like myself who have one or two machine still running working in a team rather than us all going at the glory alone like a lot of us have been doing. I value the input if we were to do something like about how would we work out the payment if we did crack a block? My thoughts were if we treat it like a team effort where everyone is rewarded the same it would stop someone jumping in with a rental and scooping the most reward if we try to keep it a fair system when everyone work is treated the same and everyone get's there cut from the outset there can be no arguments or disagreements come potential payday. This also required the user to agree to this when joining you know from the outset the reward would be split fair across all 10 users so you could choose to put in as little or as much as you see fit as per the potential reward, but moreover its about team spirit and the potential payout if we did break one. ** EDIT ** Update to Non-Paid Block hunt list 1. MagicByt3 | "hashrate7d": "4.05T" | Workers "Lucky777 | Lucky888"
2. jimjam123 | "hashrate7d": TBC | Workers "jimjam123"
3.
4.
5.
6.
7.
8.
9.
10. 8 places left!  Looking at your team, how can you pay everyone a split? Someone is in with an S9 and someone with a S17 get paid the same? Me thinks, you should pay on what % has rate is provided. I was thinking of throwing my S17 Pro in with you guys, but 76 Th gets paid the same as someone with 15Th. No thanks. Like I said its more a team thing not looking for my balls are bigger than your balls here so I should get more pie than you. Its some forum fun with a potential payout I think a TEAM effort should be a fair split. as said already if your looking at it in the light of not everyone is equal then best mine on the main pool and share your reward depending on your hashrate. Another reason is I am not sure how we could work out the payments if we go by shares or hashrate it really is better just to say well 10 people split the reward even that's smells like team spirit to me Go on MadMartyK be a team player and join us! I am open to ideas though I just thought doing it this way would be simpler for those who mine alone or are small home miners still hanging in there for the miracle |
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765
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Economy / Computer hardware / Re: Encrypted Laptop, Encrypted Macbook
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on: December 29, 2019, 12:13:15 AM
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No one is going to buy a "Secure" laptop from someone on the internet.
Just because you have installed what you think is security software or encryption software you are very much mistaken.
I find it highly suspect that you would offer "Secure" USED laptops in a crypto community who know what else you have done to them.
My advice would be stay away from this listing the user has very limited trust and give no real explanation of "how" they secure the machine.
I would bet the first time you use them for any kind of crypto your keys will zip over the wire to the seller.
PROCEED WITH EXTREME CAUTION IF DEALING WITH THIS MEMBER!!!
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766
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Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 253 blocks solved!
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on: December 28, 2019, 09:55:53 PM
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I do not agree.
If 10 people joined up together on the main pool you still wouldn't get such a large share of the prize. as the rest of the pool takes a slice too.
Here if we team up some hashrate the payout would be much much better.
If that were not the case why would 10 people throw 0.125 btc at a "shot" at the block.
Why not just point hashrate at it?
Dear friend, ten member with 500GH? what that means? I would cooperate when this team be able to collect 20,000TH. I can provide 200TH. No it dose not say ten members with 500ghs. It says 10 members, with a minimum hashrate to join of 500ghs which would be around a S3 antminer. It just stops people with stick miners trying to join taking up a place. Here's an idea Magic, it would probably be better to start the pool 10 slots with a minimum 200Th so that way the odds increase with 1Ph instead of having slots used up by lets say 2-S3 500Gh 3-S4 2Th 2-S9 26Th 1@200Th 1@400Th 1@500Th Becuase i wouldnt want to bring my 400Th to this game. I like the idea chillfactr. But the idea was to try get some smaller miners together for the run we still need to be super super super lucky. It was more an idea for people like myself who have one or two machine still running working in a team rather than us all going at the glory alone like a lot of us have been doing. I value the input if we were to do something like about how would we work out the payment if we did crack a block? My thoughts were if we treat it like a team effort where everyone is rewarded the same it would stop someone jumping in with a rental and scooping the most reward if we try to keep it a fair system when everyone work is treated the same and everyone get's there cut from the outset there can be no arguments or disagreements come potential payday. This also required the user to agree to this when joining you know from the outset the reward would be split fair across all 10 users so you could choose to put in as little or as much as you see fit as per the potential reward, but moreover its about team spirit and the potential payout if we did break one. ** EDIT ** Update to Non-Paid Block hunt list 1. MagicByt3 | "hashrate7d": "4.05T" | Workers "Lucky777 | Lucky888"
2. jimjam123 | "hashrate7d": TBC | Workers "jimjam123"
3.
4.
5.
6.
7.
8.
9.
10. 8 places left! |
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767
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Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 253 blocks solved!
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on: December 28, 2019, 08:47:09 PM
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I do not agree.
If 10 people joined up together on the main pool you still wouldn't get such a large share of the prize. as the rest of the pool takes a slice too.
Here if we team up some hashrate the payout would be much much better.
If that were not the case why would 10 people throw 0.125 btc at a "shot" at the block.
Why not just point hashrate at it?
Dear friend, ten member with 500GH? what that means? I would cooperate when this team be able to collect 20,000TH. I can provide 200TH. No it dose not say ten members with 500ghs. It says 10 members, with a minimum hashrate to join of 500ghs which would be around a S3 antminer. It just stops people with stick miners trying to join taking up a place. |
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768
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Other / Off-topic / Re: Why I Am Wearing The Foxpup's Merit Cycling Club Avatar
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on: December 28, 2019, 08:09:02 PM
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Annnnd the mystery is solved, Kind of. I was wondering why more and more members seems to have this foxy cycle avatar I actually thought it was cycling club but again didn't find much of it online. Thanks for the explanation on what it's actually for I hope the merit cheats get the ban hammer! Now to go scrape the onion peel |
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770
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Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 253 blocks solved!
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on: December 28, 2019, 07:34:35 PM
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I do not agree.
If 10 people joined up together on the main pool you still wouldn't get such a large share of the prize. as the rest of the pool takes a slice too.
Here if we team up some hashrate the payout would be much much better.
If that were not the case why would 10 people throw 0.125 btc at a "shot" at the block.
Why not just point hashrate at it?
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771
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Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 253 blocks solved!
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on: December 28, 2019, 06:59:56 PM
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I may do a "non-paid" group for members who just want to point some power together and don't want to gamble additional funds on it. CK NON-PAID BLOCK HUNT Taking names now and Hash rates. 1. MagicByt3 | "hashrate7d": "4.05T" | Workers "Lucky777 | Lucky888"
2. jimjam123 | "hashrate7d": TBC | Workers "jimjam123 | jimjam321"
3.
4.
5.
6.
7.
8.
9.
10. Members pool there hashrate to a single account in a race to find the magic hash! If successful the 12.5 + fees minus 1% for CK would be generated to : The minimum hashrate required to join will be 500GH - ie S3 miner and above only. 3JjsGHYQH8yVJA5G4mgPNHuoX4DHmU5fis If a block were to be found the reward would be shared out evenly between all members so out of 10 members each member would get around 1.25 BTC + fees, minus the pool fee for CK If your miner is OFFLINE for 7 days you will be removed from the hunt. When you join the hunt please post your info in this format 1. MagicByt3 | "hashrate7d": "4.05T" | Workers "Lucky777 | Lucky888" If you currently mine on the solo pool you can check your 7 days average hashrate in your account. Once we have the list rolling I will collect payout addresses for each user via the PM system. You can check the worker account at anytime by going here. http://solo.ckpool.org/users/3JjsGHYQH8yVJA5G4mgPNHuoX4DHmU5fis "shares": 20329757927,
"bestshare": 36824123071.19016, I have been a keen member of the community for a while now and would enjoy the management of a project like this So who's game? (Lets try beat the paid group and have some fun!) |
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772
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Bitcoin / Development & Technical Discussion / Re: Let's deploy free open-source crypto-exchange in 15 minutes
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on: December 28, 2019, 05:33:44 PM
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Anyone who truly wants to run an exchange shouldn't touch those open source 'exchanges' at all. Even if we assume that the author did not include an intentional vulnerability which wouldn't be found by a code review (which we shouldn't assume at all), how would you think you'd handle occurring issues ? Outdated software, new vulnerabilities, etc.. ? People who have the bankroll and want to run an exchange, get a customized software built for them for several 10k / 100k $. People who don't have any clue at all, use free open source software. Then they either get hacked or lose funds because of other unforeseen issues. Just look at the Issues on github. One person doesn't know how to add a new currency.. but obviously believes he is capable of running an exchange  Another person can't even get the software to run.. and even worse.. then another one suggests him to give the user running the service root permissions People using such open source software to get an exchange running are asking to lose money. Either by the developer through built in vulnerabilities or through other script kiddies. IOU 1+ merit for that post. I could not agree more |
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773
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Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 253 blocks solved!
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on: December 28, 2019, 03:03:30 PM
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I really hope you guys break one I don't have funds to jump in on this one I think it might be a good idea in future if some of us are mining here all the time to join up I have had hashrate here for a number of years now without luck though I do only really leave 500gh here all the time and on-off with a V9 for a boost every so often.
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776
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Bitcoin / Bitcoin Discussion / Re: Annual Proof of Keys January 3rd
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on: December 26, 2019, 02:01:10 PM
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I think the idea is a good one anything that promotes the practice of hold your own keys is a worth while venture in my book, I do however have some concerns that users who may not understand how to use wallets may get into trouble either downloading the wrong wallet or even compromising there new wallet some how in the process.
I think if this was to go ahead it should focus on the education behind how to use and setup a wallet in a safe manner and how to back up that wallet to ensure coins remain safe.
As said already a lot of people are put off by installing there own wallet dew to may factors the easier we can make it for new users to understand how to do this and how to make secure backup's of funds is something I feel is more important at this time.
I love the concept but I feel users who feel un-easy about installing wallets could still run into trouble trying this out with no guide.
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778
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Alternate cryptocurrencies / Pools (Altcoins) / Re: SEGWIT LTC.TBDICE.ORG 0.5% fee SOLO MM LTC/DGE POOL 3K+ LTC/7K+ DGE blks solved
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on: December 25, 2019, 08:33:27 PM
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I can also vouch that CK has NOTHING to do with this pool,
I believe the pool forked his pool code and that is why his name is on the website for reference only.
CK has his own solo bitcoin pool and takes nothing to do with "shitcoin" pools.
The pool OP has been missing for sometime now I have given his account 2 red trust's now he also has a 2nd account on the forum which I don't think has been checked.
If you decided to use this pool you do so at the risk of running on a ship that has no captain at the helm, That being said if you use the correct addresses there seems to be no issue thought I would not trust a pool that has what appeared to be no-one in control over it.
Many members have attempted to contact this pool OP, me included with no luck so far as to say if you mine here you have no one to shout to if things go wrong.
MINE HERE AT YOUR OWN RISK - THERE IS NO POOL OP - HE IS MISSING IN ACTION FOR A LONG TIME
IF YOU MINE HERE TAKE CARE AND MAKE SURE YOU MINE TO A CORRECT ADDRESS THAT CAN ACCEPT PAYOUT
IF SOMETHING IS WRONG THERE IS NO ONE TO FIX THE ISSUE
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779
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Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 253 blocks solved!
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on: December 25, 2019, 08:26:13 PM
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You would still need some epic luck. I think right now if you really wanted to break a block you would need over 1 Exahash to have a really good shot. Just don't forget every hash has an equal chance of being a block so even with a large rental it's no guarantee you would find a one.. 1 Exahash
Chance per block: 1 in 88
Chance per day: 1 in 1
Time estimate: 15 hours Just don't throw money at a rental that you may need in future your basically gambling with any funds you throw at solo mining. |
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780
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Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 253 blocks solved!
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on: December 25, 2019, 07:50:28 PM
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I don't think anyone will jump in with you to be honest your a new account with limited history.
I know some here do group rentals every so often I think the coordinator was philipma1957 you could ask about but the risk is a user rent's or points hashing power to your account you find a block then don't pay the member this is why most people just go it alone or wait for a trusted member to organised a group mine for a shot at the glory.
Ya that’s scared shit I Honestly hate this world and how money corrupts sadly we need money to function but in this new blockchain world a scammer is only a click away and it would be hard for me to let my money go unless I new the people well so I totally understand me being new and lack of trust but you have to start somewhere You don't need to trust anyone if you rent on your own as if you find a block the reward of 12.5 BTC + Fees - 1% pool fee goes directly to your wallet so no need to put trust in anyone if you go it alone. Good luck if you go for it some of us have been trying for years! |
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