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1901  Bitcoin / Hardware wallets / Re: Keystone....Well I didn't want to post it but here it is. on: December 08, 2022, 10:41:18 PM
Now Keystone looks bad for something that could have been handled with a better glue and a security hologram that, to be blunt, didn't suck.
Like I said, Trezor is using heavy glue for their packaging and I personally don't like this and I don't think this makes hardware wallets safer in any way.
Imagine if smartphones you buy or anything else comes with boxes like this that need to be destroyed, for me that would be very annoying.
But you can make suggestion to Keystone developers to work on improving this for their new model, and I think new model is going to come out in 2023 Wink

Maybe someone could talk more about other hardware wallets, but I think that ledger, passport, coldcard and others also don't have super strong glue used with ''safu'' packaging.

Can't speak to the others but coldcards come in security bags that are destroyed when opened. They have been in use in various industries for years with no issues.
Still does not stop someone from printing their own bags.

All of the security devices I have used for things other then BTC have come in destroy to open packing. Not saying it can't be faked or duplicated. But, if you are going to make it destroy to open, at least make sure the glue makes you destroy it.

-Dave

1902  Bitcoin / Mining speculation / Re: 2022 Diff thread. on: December 08, 2022, 01:23:37 PM
From something I posted last week:

A small facility here on LI is shutting down due to lack of funds, even at $0.04 KWh rate, a massive tax relief package and other things their 250+ S19 and S19Pro were  / are all loosing money every day. After the cost of cooling, staff and everything else they need $21,500 to $22,000 BTC to sustain operations. When they started it was easy, all the loans are paid, the miners are paid off and so on. But now, each and every day they are loosing money. Unless something happens they are out end of 1st quarter 2023. As of now unless BTC hits $35,000 they are going to make more money selling the miners overseas then doing anything else. HOWEVER, since they are existing you can take over without going through any of the permitting and such been trying to sell for 90 days or so they started the process after labor day weekend. Zero, none, nada people are interested.

I think we are going to be seeing a lot of this next year. Well run mines that have held off as long as they can because they could, and at $5000 increase in BTC price could make them run at a small profit, but need a doubling of the current price to make it worth while to stay open. Better to load a container of miners on a ship and sell it in the middle east then keep running. They have power and cooling and data, there are other uses for the facility.

But, for the most part we don't hear about these places just a bunch of people who got together, got the money and started mining. Paid back all the money are are now sitting there coming up with a new plan. But, since there is no investor money to be lost, no loans not getting paid back, it's not news so we don't hear about it.

The only reason I know about it is though a friend who does IT work for them.

So I can see a lot of places like this shutting down and keeping the hashrate stable as the gear moves around the planet.

As for the Slush / V2 thing I don't think V2 is the issue. I have always said don't attribute malice what can be attributed to incompetence, but this time I am going for the opposite. But that is a long, paranoid, tinfoil hat rambling post for another day.

-Dave
1903  Economy / Service Discussion / Re: Apple blocks Coinbase wallet release on IOS on: December 08, 2022, 12:46:46 PM
Apple has blocked a lot of apps over the years because they didn't get a cut of the fees. Some apps actually work differently on IOS vs Android because of how they define a purchase. Even now you can't buy an ebook on the Kindle app on Android after being able to for years.

Since there was no way to generate apples cut of the sale easily and Coinbase probably did not want to put development into a free product it's easier just to not deal with it.

But, since it's about NFTs purchases which obviously don't involve BTC it's just less people getting scammed buying into a scam.

-Dave
1904  Bitcoin / Electrum / Re: delayed electrum transaction on: December 06, 2022, 05:41:12 PM
Well my stay in the forum has been quite a journey so far and i have learnt and gained more knowledge than i even expected. I wont believe if someone actually told me i would be having a wallet and not to talk of transacting with this wallet is just a great achievement for me . The encouragement i got from top forum members after my first purchase in bitcoin was really encouraging and i just believe that with what i have learnt and i know now, i feels this is the perfect time in the crypto space to buy bitcoin.

My reason for creating this thread is today is that today is going to be the first time for me to be transacting with my electrum wallet after i was encouraged by the forum top to move my coins from an exchange platform to a wallet with which I have full control(electrum) .

Now i donno know but i feel  its taking too long for a transaction i made to be confirmed please guys what do you think is the problem of this transaction


As of now your transaction is here:

https://mempool.space/tx/945e21d24a152b28602de318b2a05e754468c23b46f0db76a5ca148968ddaa4c

About 4 blocks from the tip, the fee is a bit low but not horrible, since its RBF you can always bump the fee a bit if you need it sooner or just wait and it should clear in a little while.

Unless something happens should clear overnight (US time)  no matter what as the mempool has been emptying every night for the last few days.

-Dave

1905  Economy / Service Discussion / Re: Reliable sites For Gift card to crypto exchange on: December 06, 2022, 05:35:32 PM
How much are you talking about?

You have Paxful and https://agoradesk.com and a few others but you are going to take a big percentage hit in GC value vs what you get at least in the beginning until you have a decent reputation.
For small amounts, it may be better to sell for fiat in some of the more popular gift card sites and convert to BTC
Or, you could always try to sell them here.


-Dave
1906  Economy / Service Discussion / Re: More platforms will bite the dust? on: December 05, 2022, 01:26:13 PM
The layoffs have been discussed in several other threads and probably have very little to do with how the platform is doing in general.
One of my replies from months ago about it:

There is a difference between 'financial problems' and "the market has changed we don't need you anymore and the even larger profits are down (or negative)" so it's time to reduce headcount. As I posted elsewhere many tech businesses don't do layoffs when they are doing well. It's the keep them around just in case we need them mentality. In this bear market, you can't just keep some people.

I know someone who was just let go from Gemini. As she put it: Now she gets to spend the summer living off her severance package while doing nothing. As opposed to getting her regular paycheck to do nothing. The project her group was working on ended sometime in late 2021 with the deployment in early 2022. For the last 3 months she joked that her job was head youtube video watcher. So them letting those people go was not a surprise to any of them. BUT had this been a bull market they probably would still be there waiting for the next project while watching videos.....

Laying people off may or may not be an indicator of financial issues. But, it's usually not a good one specifically in the tech and financial markets. And lets face it, exchanges are more or less in both of those. They keep people that may or may not be needed just in case, and they do massive hiring to get things done 'yesterday'.

-Dave
1907  Bitcoin / Wallet software / Re: Scanning QR Codes, do you find some wallets work better then others? on: December 04, 2022, 04:23:57 PM
That's very interesting. Completely clear screen protectors or with texture on them? And were they from glass (some thickness to it) or just thin plastic foil?
It's a fact that screen protectors affect the image quality of a smartphone screen, such as decreasing color accuracy and creating more fingerprints.

Clear, or if there was a tint it was so slight that I did not see / notice it. None with any kind of texture. But both the tempered glass and the older type plastic ones


Did you notice that some phones were faster to scan a specific 'target' device than others? And do phones outperform a PC webcam?
Because I'm pretty sure that smartphones have ASIC or FPGA (depending on manufacturer) technology in the SoC for image recognition; amongst it, QR code recognition specifically.

The newer iPhones worked best, the older which are only 2 or 3 gens out were uselessly bad. The androids were all average. Did not try with a webcam, just taking from a PC screen.

Scanning a QR code from a different phone isn't as common as scanning codes from other surfaces in order to make payments.
Except if you're using QR codes as a communication medium between online device and airgapped hardware wallet. Tongue

I think it really is for now such a niche things that until it starts to matter to the average user it really is going to just be what it is.
Might even start to change some marketing for places. i.e. our cameras are tweaked for qr scanning from other devices even though a screen protector.

-Dave
1908  Economy / Economics / Re: The U.S. Needs More Housing Than Almost Anyone Can Imagine on: December 04, 2022, 03:37:39 PM
Location...location...location.

That is the issue, there are a lot of places with a lot of available housing here in the US, to the point that the local governments are seizing empty properties though eminent domain and demolishing them. But, there is reason they are empty, usually due to the local economy imploding or just years of it slowly dwindling away. It's easy to point to a place like Detroit but there are plenty of small towns across the US that are just about empty. But, if you move there, there are no jobs, facilities are poor and so on.

You can put people there, and then what?

-Dave
1909  Bitcoin / Bitcoin Discussion / Re: People who don't use hardware wallets: Why not? on: December 04, 2022, 12:51:24 PM
2) hardware wallets are not cheap and they cost some hundred bucks. And low volume users cannot afford to buy these wallets.
As you can see it ranges from 150 to 300 dollars and that's the reason mostly people do not know about this.

Because hardware wallets is expensive to ordinary person so many decide to use wallet which they think safe because they don't also store huge balance on their wallets.

Guys and girls, don't make me laugh with your comments about HW being too expensive, because that's simply not true. The Nano S Plus costs about $80, and the older Trezor model costs about the same. How much did you pay for your smartphones, TV, computers and other things you use every day?



Quote
People who don't use hardware wallets: Why not?

For all the reasons already mentioned, but does it matter at all? Most people do not even understand what Bitcoin is, and investing in something without knowing what exactly it is about is completely wrong. When you build a house, you won't move into it if it doesn't have a roof, if you buy a car, you'll probably first get a driver's license and so on. So the first place should be knowledge, then the application of that knowledge in order to ensure proper storage, and only then investment - unfortunately, many go in the reverse order.

The block stream wallet is less then that: https://store.blockstream.com/product/blockstream-jade-hardware-wallet/

I am going to go out and say most people don't use them because most people don't know.
I had a friend who was into BTC for a while. Bought and sold on Coinbase for a while and pulled out to a local electrum wallet. Did not know about hardware wallets till I dropped a coldcard on his desk and said 'use this'

Was partly my fault for not discussing it with him before, but it was just one of those things that although we did talk about crypto a lot the discussion of hardware wallets and security just never came up.

-Dave
1910  Economy / Reputation / Re: Kano and his dirty games on: December 04, 2022, 12:38:51 PM
Also, keep in mind Kano [and most or all pools] host their stratum servers and pool servers with other people. Any hosting provider can easily see where and what data is coming in if it's not encrypted and where it's going out to.

You can't hide baldness from your barber and you can't hide the fact that you are running a stratum or pool server on the server you are hosting with someone.

With that in mind, if you pay your barber full price to cut the 5 hairs on your head they don't care any more then most hosting providers care what you are doing on their servers so long as it's not against the law.

But it does cause a bit of a loss of privacy if you are not running your own IP space with your own BGP routers with your own bandwidth in your own racks with your own hardware for servers and so on. And yes I know that is $1000s and $1000s of dollars per month to do. Just making a point that it's not as private or anonymous as you think.

-Dave
1911  Bitcoin / Mining / Re: [Guide / review] solo-mining, Nicehash/MiningRigRentals, how to choose solo pool on: December 04, 2022, 12:26:58 PM
Thanks for sharing your point of view. That's why I said I personally don't like potential profit going to a "third" party first. I wouldn't want to watch my >6.25 BTC profit get transferred to you, and shortly after read the message here on the board or somewhere else on a newspaper that you had an accident and died or something else bad happened to you and thus I never get my money because it is parked on your bitcoin address.

100% this. It has always been the issue, not just with solo pools but any pool that is run by just 1 person.

CAN something horrible happen to all the operators working @ ViaBTC / prohashing / wherever. Yes, of course. But, it's a lot less likely then it happening to a pool with just one person running it.

On the flip side of that, if something does go wrong @ kano.is we all know who to blame, so there is that, there would be nothing we could do about it but we would know who to blame. The other side is also, if something does go wrong with other larger pools they MIGHT be able to send the BTC out of their own pockets. Antpool may suck for several reasons, but if they do loose your funds they can replace them out of pocket. Will they is a different story.

-Dave

1912  Economy / Reputation / Re: Cryptochanger.to Locked SCAM or what? on: December 04, 2022, 12:10:54 PM
It certainly does look and feel like a scam.
As we have all discussed if it looks and sounds too good to be true it probably is not.
Add in the hostility of the operators and it just screams fraud / scam.

Or it is legit and because of the no KYC it's going to get hit with some sort of AML violations.

-Dave
1913  Bitcoin / Wallet software / Re: Scanning QR Codes, do you find some wallets work better then others? on: December 03, 2022, 08:57:14 PM
<Snip>
I tried to Google the issue, but except a few similar questions where people have reported the same things as you (having issues to scan QR codes on devices that had screen protectors), I didn't come across a source with a reasonable explanation. Scanning a QR code from a different phone isn't as common as scanning codes from other surfaces in order to make payments. One could assume that the error correction features that QR codes have, would be enough to make the codes readable even under a screen protection, but obviously that's not the case.

You could try to contact some of the companies that produce screen protectors and ask them for more information and feedback about the problems.
It would be interesting to see if the codes are scannable if only part of the screen is covered with a screen protector (a third or half of it). No one would use a screen protector in that way, obviously, but it's also an experiment to see how good the QR code error correction capabilities are.

I'm *guessing* it's 1/3 what n0nce talked about just taking pictures of screens does not always work perfectly, 1/3 screen protectors in general make it worse by adding a layer of distortion and 1/3 with phone makers trying to do all sorts of error correction and fancy tricks to make pictures look better is adding a bit of a difference to the picture coming into the app so it just sits there and goes 'duh'\

IMO this is going to get worse in the future as people are more likely to be sending funds using crypto apps on their phones to each other.

And, as lightning gets more use the amount of data in a QR is going to make it worse.



vs



-Dave
1914  Bitcoin / Wallet software / Re: Scanning QR Codes, do you find some wallets work better then others? on: December 03, 2022, 04:13:17 PM
<Snip>
I just tried scanning both codes from my Nokia 8 smartphone, which is already several years old. I made 8 scans altogether. 4 from my laptop screen and 4 from the connected external monitor. Both QR codes were scanned from both monitors using two different apps: Electrum and Google Authenticator. I know that Google Authy can't do anything with the codes, but that's not the point. I just wanted to test the scanning capabilities. I had no problems with any of the scans. I didn't even have to position the phone or keep the device steady. It had no problems capturing either code.   

Having been playing with this a bit more since @n0nce posted a week or so ago I think it's more phone to phone.

I can get just about anything scanned on the PC screen. But scanning on phones is an issue. BUT, it's not just mine (OnePlus Nord N10) but iPhones and other.

I don't think it's the camera either. EVERY one that did not have a screen protector on worked. ALL the ones that had issues had some form of screen protector.

From the $2.99 for a 5 pack from Amazon to the $24.99 each super name brand. If one of the phones could not scan another phone that screen had some form of protector on it.

It's more of a when I have a few minutes and not a real scientific experiment.

-Dave
1915  Bitcoin / Project Development / Re: [ANN] Smartino - Android Bitcoin Core Full Node on: December 03, 2022, 03:43:27 PM
I played with one of these things a year ago:
https://bitcointalk.org/index.php?topic=5357714
And although it will run a bunch of versions of Linux it came with Android. Makes you wonder how many project boards are out there that run Android that can be setup to run Bitcoin Core.

Not practical at all and I think we all know that, it's just more of a play with it thing.

-Dave
1916  Bitcoin / Hardware wallets / Re: Keystone....Well I didn't want to post it but here it is. on: December 03, 2022, 03:39:07 PM
I understand your concerns, but no matter the quality of the packages, most things can still be faked. Luckily you can always rely on software and/or hardware authentication to verify if you have received a genuine hardware wallet or not.

Web Authentication: A Counter to Supply Chain Attacks

The article explains that each Keystone comes with preinstalled public and private keys in the secure element chip that are only used for verifying whether or not the device is genuine. These are not the private keys that sign transactions during transactions of your coins. During the setup process of your HW, you will be asked to visit the official Keystone authentication website. It's connected to a server that also has a public and private keypair just like your wallet. A genuine Keystone HW knows the public key of the server, and the server knows the public keys of genuine hardware devices. Once you start the authentication, you need to scan a QR code on the website which is encrypted with your device's public key and signed with the private key from the Keystone server. During the verification process, your HW will check the signature to make sure it comes from the official authentication page. The hardware device will decrypt the scanned message with its own private key. The result should be an 8-digit code that needs to be entered on the website. If the verification succeeds, you are good to go. If not, there is an issue with your device.     

You have to look at it this way.

1) Still does not help when scammer orders a device and takes it out of the box and ships back a sealed device. Next person, rips open a security tab, takes off 2 security holograms opens the inside pack and gets....a deck of cards or something similar to keep the feel and weight the same. Yeah, that is going to be a PR nightmare.

2) Scammer builds a bunch of their own devices that don't require any of that. People who don't know turn it on go though the scammers setup and bad things happen.

Nothing is ever going to be perfect, and I really don't expect them to. Once again as I said above a few extra pennies for better heat resistant glue and another few extra pennies for better holograms would help a lot.

This is not going to fight supply chain issues. It from warehouse to customer issues.
As I said here in the US at least they sell through Amazon AND if you order from their site they SHIP though Amazon.
And we all know Amazon takes just about everything back and puts it back in the warehouse to be shipped out again.

-Dave
1917  Economy / Economics / Re: Somebody’s been on a gold-buying bender. It’s not clear who — or why. on: December 03, 2022, 03:11:58 PM
You have a point here. RAM is not even the best source of gold as motherboards have even more of it but the connectors are spread on a larger area so if you want something compact and uniform, memory sticks and CPUs are the best. A lot of gold also goes into audio cable connectors (jacks, RCA) and high end HDMI. It's used in TV sets, home cinema, mobile phones and more.

"Of the typical 3,000 metric tonnes of newly mined gold ore per year, some 300 tonnes of gold goes into producing high-end electronic devices (some may too come from another 1,000 tonnes annually recycled gold)."
https://sdbullion.com/blog/how-much-gold-is-in-a-computer-desktop-laptop

Although it's a bit distorted due to the other metals in them. You can at an e-waste recycling facility get about $20 / lb for ram but MOST of that value is gold.

https://cashforcomputerscrap.com/current-pricing

So depending on some things it's between 30 to 35 sticks of RAM

It's $4.70 / lb for add in cards after you remove the heatsinks and such.

Just think about the number of those type items being produced every minute of every day and the fact that you are not getting the gold value you are getting a lot less since these recycling places still have to do all the processing and still make a profit and so on.

Seeing 400 tons is not that big a deal anymore since it's been discussed in a few places that they have let their reserves drop since prices were so high and are now stocking up.

Separate note, I have been in IT for decades and 'the next big thing' that will reduce the amount of gold needed in electronics to almost zero has been coming soon since I started back in the 1980s. Still waiting.....

-Dave
1918  Bitcoin / Hardware wallets / Re: Keystone....Well I didn't want to post it but here it is. on: December 03, 2022, 12:55:26 PM
Is it easy to re-adhesive without showing any sign of reopening? The re-gluing should make it easier to detect that someone tried to open the box.

In general, I agree with you, it is a mistake that the sealing is so easy, and perhaps if the scammers take advantage of this trick, they may move to improve it a little.
Their prices are quite high, so there is nothing wrong with developing packaging.

With the outside box yes, it pressed back down and stuck to where you needed to rip it to open, if I added any other glue to it then it would have stuck even more.

One of the holograms I would give one a 60% that it went back with no problems or evidence that it was tampered with, the other once I knew what I was dealing with after the 1st one I would give myself a 95% in re-attaching with no evidence.
Both then opened with the void look like they were supposed to when pressed back on. Now that I know I am fairly confident I can do even better.

Nothing is going to be perfect, I agree with the fact that with the cost spending a bit more on better glue and holograms is worth it.

-Dave
1919  Bitcoin / Mining / Re: Using Old AntMiners in 2022 on: December 03, 2022, 02:06:58 AM
I dare say that in many situations, an aircon running on heating would be a better heater than an old miner, because of typical COP, eg. using 1000 watts to do the same amount of heating as a 3000w fan heater / oil heater / miner. Not to mention floor space usage / noise.
Eg. a miner that's 96 TH/s, 2400 watts, 1.5% pool fee, would lose about $3.14/day @ $0.15/kwh power cost, compared to a small aircon using say 800 watts to pump 2400 watts running 24/7 would cost about $2.88/day (of course if your aircon never stops running, it's undersized.)

Modest/excess wattage spent on lotto mining sounds good.

Depends on the use case. I am sitting in the back room of my condo with a 1 board S9 at the moment keeping the temp here above 72f [22c] BUT since I have 1 zone heat I get to keep the rest of the place at 66f [19c] I just have 1 zone heat / aircon for here so although a lot less efficient, it is cheaper to run.

In the bedroom I have a 2 board 400w give or take L3 running on a LTC / Doge lotto pool. So far got a few doge blocks over the last couple of winters. But when I am sleeping I am not heating the rest of the place.

I rotate through old miners depending on what is working and if I have sold any over time.

-Dave
1920  Bitcoin / Project Development / Re: [ANN] Smartino - Android Bitcoin Core Full Node on: December 03, 2022, 12:11:22 AM
It looks a bit like a phone booth, but it's a full node made with what I had at home: an old android smartphone and an old 3.5'' hdd
This is very interesting to see, it could be even better than using Rpi if everything works ok, and it is certainly better than to throw away your android phone in garbage.
I guess phone needs to be connected to power all the time, but I am wondering how is it handling hard drive space, can you also use 1TB micro SD card or faster SSD drive?
It's nice to see code released on github, but you should add license information if it's open source.

It should read anything that shows as an external drive with a supported file system.
Not all of the microSD to usb adapters are going to work with OTG cables.
And at a guess, the phone is going to be the slowest part and a faster drive is not going to do much to help.

-Dave
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