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April 16, 2021, 03:23:35 PM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
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261  Bitcoin / Bitcoin Discussion / Re: Bitcoin Losses on: April 07, 2015, 03:39:22 PM
Mostly losses from gambling. Haven't lost any in an exchange or hacking which is great.

Me too. And lost few BTCs with bad mining investments. Lesson learned, I only instamine now Smiley
262  Alternate cryptocurrencies / Mining (Altcoins) / Re: Did I just find a block?? on: April 07, 2015, 03:26:26 PM
Here is what my cgminer actually says when pool finds a new block:

20:35:54] Stratum from pool 0 detected new block

That means your pool is just working on another block.
263  Other / Beginners & Help / Re: Bitcoin and Cryptocurrency Technologies Online Course - Princeton University on: April 07, 2015, 03:16:52 PM
New lecture added to OP

Lecture 8 Alternative Mining Puzzles
https://www.youtube.com/watch?v=TipGy2bOVL4

Thank you for this, keep up the good work!
264  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CYP]Cypher[QUBIT][1MB][IEO STARTED +15 BTC RAISED - ESCROW][SITE][APRIL 7] on: April 07, 2015, 03:08:51 PM
Nearly 5 hours before launch and still no miners to rent.
265  Other / Beginners & Help / Re: Hello Is there any genuine Bitcoin Multiplier ? on: April 06, 2015, 10:20:56 PM
Hello

Is there any genuine Bit coin Multiplier ? Hi like to invest bitcoins in multipliers like 2x, 10x, or 100x ............can any one suggest.......?

Think about it: does people give away money for free? No. It's the same for Bitcoin. They are all scams, if they work at the beginning it's because they need people to join.
266  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CYP]Cypher[QUBIT][1MB][IEO STARTED +12 BTC RAISED - ESCROW][SITE][APRIL 7] on: April 06, 2015, 09:56:15 PM
1 day to release.
Can't wait....to rent a miner that no exist on miningrental.


You'll surely find some rigs there tomorrow, I'll put mine up too, at least some of them Smiley

So we can rent your rigs? Good to know, thank you Smiley
267  Bitcoin / Mining support / Re: Paperclips unsafe for PSU? on: April 05, 2015, 06:27:16 PM
In my opinion, it's better to use a small piece of isolated wire, better for your PSU and your safety.
268  Other / Beginners & Help / Re: how about removing ALL computers on: April 05, 2015, 06:24:13 PM
something bothered me,since ive started bitcoin

i think all the transactions are stored in computers,thats the core,right?if that's the core,what if we remove all the core's existence?does this mean all the bitcoins existed will be lost?
Bitcoins do not exist in the first place.

There is only a huge list of transactions. This implicitly defines a balance that we associate with an address. For easy of use, we say "there's 3 bitcoins on this address" but there are no bitcoins anywhere, not even virtually.

Furthermore, yes, if ALL copies of the blockchain data would be destroyed, then all bitcoins are effectively gone. Just like if ALL copies of your bank's account database are deleted, the euros or dollars are effectively gone.

Difference is, there are thousands and thousands active full nodes world wide, and probably many more full copies of the blockchain floating around. Nobody can delete them all. I personally have a backup of the blockchain data on an external USB drive which is never connected online. There are people printing the blockchain and storing it a vault. There might be freaks carving it in stone. Seriously, this data is so important and there are SO many copies, this will never be deleted. Maybe in 4.5 billion years when the sun burns up, but not in the foreseeable future, and definitely not as long as there is at least 1 person in the world who wishes to use Bitcoin.

+1

This is the reason why Bitcoin is "decentralized". It is so distributed that it's practically impossible to delete the blockchain.
269  Bitcoin / Mining speculation / Re: Is it possible??? on: April 05, 2015, 06:15:05 PM

Well that depends on a lot of factors.. Price for electricity, using the miners for heating if you live in a cold climate. If you are a believer in that the BTC price will increase in the future.

If you believe price will increase you better start buying BTC directly, home mining gets harder everyday
270  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CYP]Cypher[QUBIT][1MB][IEO STARTED 12+ BTC RAISED - ESCROW][SITE][APRIL 7] on: April 05, 2015, 06:10:51 PM
Hmm still don't know what to do here. Don't like the terms of escrow, direct payment to Dev, no buy wall, no protection for investors at all..
Placebo should run or atleast his conditions..

Maybe put in few shares but it would be just a big gamble.

Just mine it...

+1

Qubit algo is good
271  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CYP] Cypher [QUBIT][1MB BLOCK][IEO STARTED - ESCROW][SITE][LAUNCH APRIL 7] on: April 04, 2015, 07:30:07 PM
To Cypher developers: I would suggest adding a guide to Qubit mining, since it's a rare algorithm.

As already stated before, its all there, look at my GEOcoin pool ...

It wasn't for me but for newbies coming, also this way the ANN would be more complete Smiley
272  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CYP] Cypher [QUBIT][1MB BLOCK][IEO STARTED - ESCROW][SITE][LAUNCH APRIL 7] on: April 04, 2015, 05:25:35 PM
To Cypher developers: I would suggest adding a guide to Qubit mining, since it's a rare algorithm.
273  Bitcoin / Mining support / Re: help on: April 04, 2015, 02:26:40 PM
Waiting or...buy BTC directly Smiley
274  Bitcoin / Mining speculation / Re: Starting up & testing the waters .. UK on: April 04, 2015, 10:15:09 AM
Yeah but you have to consider:
1) miners price
2) if miners broke up before you make ROI

Cheapest miners = lowest hashrates = long time to ROI. My 2cents
275  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CYP] Cypher [QUBIT][1MB BLOCK][IEO STARTED - ESCROW][SITE][LAUNCH APRIL 7] on: April 03, 2015, 05:14:20 PM
The less miners ready at launch, the better for me! Wink
276  Other / Beginners & Help / Re: Are they awake in China? Tool for determining timezones in a country on: April 03, 2015, 05:09:41 PM
does it include the passage from summertime/daylight to normal time?

You mean daylight saving time? Wink
277  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CYP] Cypher [QUBIT][1MB BLOCK][IEO STARTED - ESCROW][SITE][LAUNCH APRIL 7] on: April 03, 2015, 05:03:39 PM
Also my 104 x R280X waiting for the launch and i like the QuBit algo )))

I see growing interest in this coin from miners, good to know Smiley
278  Economy / Micro Earnings / Re: where you get bitcoin every day? on: April 03, 2015, 04:56:55 PM
Hello everyone Smiley

I want to ask. where you can get a 0.01/day routinely? tell me whatever it is faucet or other.

if you get it but not of bitcoin? Can you tell me in PM please.

thanks everyone  Wink

If you start studying trading you can earn more tha 0.01 a day Smiley
279  Bitcoin / Mining speculation / Re: Methods of getting free electricity on: April 03, 2015, 04:52:02 PM
found this

"Interplanetary satellites that fly toward planets such as Jupiter and Saturn are so far away from the sun that they cannot use solar panels to generate electricity. These satellites use RTGs (radioisotope thermoelectric generators) to generate their power. An RTG uses radioactive material (like plutonium) to generate heat, and thermocouples convert the heat to electricity. RTGs have no moving parts, so they are reliable, and the radioactive material generates heat for many years."

but you need radioactive materials, maybe it can work in a small amount without being unsafe

there is a way to convert the heat from device that use electricity, to electricity again? i think it may be against the thermodynamic law

Plutonium? Is this back to the future? lol Cheesy
280  Bitcoin / Mining speculation / Re: Starting up & testing the waters .. UK on: April 03, 2015, 04:50:20 PM
Hi all, I'm looking to get in to this mining game ... This is where I'm coming from .. I have looked on eBay and seen a antminer s1 pritty cheap to start with and test the waters with ..

I have a place it can go with free electric for me to use. So I'm looking at getting a antminer s1 and joining a pool ..

now the next question pool's what would be the best to join thats not gonna scam you & pay you ..

Hope someone can help me here ..

Thanks for your time in looking

Sorry but mining is profitable today only with huge investments. You can buy some ASICs but ROI is hard to reach.
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