I have two things to add to this discussion. One of them is that online wallets also could take your BTC. At online wallets just like at exchanges, try to stick with the HQ ones. If you cannot know their developer team or get clear politics from them, you find a bad omen. Time is not always your reliable guard as some sites have been running scams for a long time and still getting new users. The other thing I want to add is the suggestion of doing proper security research if you want to use an offline wallet. I actually keep some exchanges more trusted than certain people's offline wallet.
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Will confirmation time get worse by time or will it be stabilized? I read about this "scalability" issue in BTC network, but could you please elaborate me if there is a connection between the two issues (confirmation time and scalability)?
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New altcoins often run with a countable amount of nodes. Is it possible to systematically map all nodes of a new altcoin like collecting their IPs?
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no, because the margins are already tight enough especially if its a new setup and you're still trying to reach ROI. when hardware is pushed, the best you can do is be reasonable with what you're expecting for output; and monitor all equipment.
mining equipment isn't life threatening if it fails, it doesnt need a disaster recovery plan.
What about the big mining rigs that generate alot of profit and could cause the loss of investors if being destroyed? I understand that your home mining rig does not need an IT DRP, but there are companies that run mining rigs as business. Critical processes often run from these rigs like cloud mining.
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Thank you for your answers!
I am looking for companies that actually are developing with blockchain technology in their business process. I want to meet companies that not only accept BTC as a form of payment for their service/product or give as salary to their employees. I hope that you see the difference between the two.
Nevertheless, I appreciate everyone's answers. Now, I am taking my time to do my research on the suggested ones.
I will re-open this thread when I finished with my research and I still need more suggestion. Thank you!
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Hey!
I will have to participate in a trainee program as part of my studies at Uni and I thought that maybe I could use my enthusiasm in blockchain technology to accomplish this program at a company that is somehow related to blockchain related development.
Do you know about any REGISTERED company that uses BTC somewhere in their business process?
I would be more than glad if you told a company that accepts employees at INTERNATIONAL level.
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Hey! A mining rig is a complex IT infrastructure where each resource runs important function. In this infrastructure, each resource failure results in direct damage to your profit. The more time the recovery takes, the more damage your profit suffers. So, do you have an IT SRP/DRP to recover your mining rig should a disaster happen to it?
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No, Russia has changed the law related BTC. They are now accepting BTC.
This decision proves that banning BTC in a country is not only not possible, but also not a smart decision because the countries that adapt BTC earlier will profit more in the future. BTC is a possibility. If you ban it, it still remains a possibility, you just lock yourself out from the game.
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An advantage of your business with BTC is that you can stay under the radar and start business in sensitive areas like healthcare. In healthcare, starting a new business is very difficult because there are many strict rules in this area that limitate the development of expermental, but good technologies.
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I do not see much of a difference, but I do not trust banks anyway therefore I prefer to keep all my money myself Keeping your money by yourself has a greater chance being stolen than inside a bank, even if you put it inside a safe/vault with experienced robbers it won't be any problem with them, also why not trust banks? They don't still hour money anyway they just decrease its value over time. In my experience, banks often set huge taxes on a wide range of things starting from "SMS fee" to the horrible fee of international bank transfer. In BTC, I know that I benefit from the fee that I pay because it will be used on executing the transaction and there are no additional fees.
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Although overclocking and making an ASIC operate at a higher frequency makes it run faster and produce more hashes per second, it also increases its power consumption to a point where it may not be ideal. I'd just prefer a well-researched and thought through ASIC that doesn't require insanely high clock rates to operate at its desired hashrate.
But it does not matter if you have access to free electricity, does it? I would like to get answer to the question more whether an overlocked ASIC has reduced lifetime due to running it at high freq.
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I do not own one of these, but I may get Unquid in the future since I believe that could be the only one to truely take off in popularity due to supporting a wide range of altcoins and therefore minimizing the risk.
hope you will find interesting on our service. please do not forget recommend for your friends Regard Where could I find an actual list of alt coins that you support? At the first place, I am looking for whether you support Burst, but I would like to know the other opportunities also.
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Looks nice, what kind of jewelery? a ring or a ring is too small? Well, hope she can use/hold the jewel for decades and pass it to your childrens in the future someone will enjoy the bitcoin I think that it could work with a ring. I imagined a ring with tanzanite gem in it and the wallet engraved into the inner side of the circle. If the wallet is cute, she will like it. It is not important what you have engraved on it - so far it's not a scary monster I agree. She may keep the "cuteness" factor of the wallet more attractive than whether it also would be a BTC wallet.
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Hello!
Do you know about any good shop that sells Steam games for altcoin?
I know that Steam adapted BTC and I can buy games on Steam for BTC, but I am looking for a place where I can buy games directly for the altcoin that I mined without having to exchange.
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Have you guys ever tried or considered doing a similar event any place in Europe? Amsterdam makes the most likely candidate I suppose... or even in South America?
Next decade I'll ask if there are plans for Asia =)
Amsterdam could be a good idea. From the Balkan, I could visit Amsterdam more easily than the one oversea. In Amsterdam, Cannabis is legal at nation level. I think, crypto and cannabis has a close relationship and a big common community.
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That is quite the opposite of my approach. I thank internet for saving me from becoming one of those "monkeys" and I thank BTC for being a great help in deals via the internet.
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I am thinking of buying an engraved wallet into jewellery for my GF. But I am not sure.
I think it's a little tacky but could be a cute little gift, with bitcoin still pretty unpopular I do not know if she would really appreciate it.
What do you think? She knows what BTC is and a BTC holder herself, but she does not talk about BTC much.
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I do not own one of these, but I may get Unquid in the future since I believe that could be the only one to truely take off in popularity due to supporting a wide range of altcoins and therefore minimizing the risk.
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I am not sure how it will change in the future, but I know the last few batches of BTC will be released over the next few years so we may see some strange changes in future graphs.
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I think ASIC since that is the only kind, which I and my friends have really used and we all had smooth experience with it.
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