and what is the BIP32 Root Key and for what is this?
In addition to the above post It is a master private key that contains an unlimited number of private and public keys. This key shouldn't be shared with anyone or else they also have access to your wallet. It is likely the same as a backup seed phrase that contains all private and public keys so if someone has access to BIP32 Root Key then he can anytime import it to any wallet that supports the master private key and withdraw your funds.
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There is no perfect way to succeed in crypto but the first thing you should do is educate your self learn as much as you can about crypto, bitcoin history, trading, trends, etc... Crypto is too volatile so I'd like to suggest also learn risk management in trading you should learn when to buy and sell and the safest way to trade is always use stop-loss orders. And take note this does not get rich quick scheme so don't expect to get rich overnight. Trading requires long-term and patience. If you want a source to learn about trading then start reading this below. - https://github.com/SpiralDevelopment/Awesome-Crypto-Trading
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What exactly is the main purpose of why you created Bitdirect? To get access to 2-of-3 multi-sig wallets of the other signer? I don't think someone will need this we can honestly make our own 2of3 or 2of2 multi-sig wallet without the help of other websites. The risk of using your service is that we were just giving you access to our 2-of-3 multi-sig wallet and anytime you can extract private keys from your seeds or multi-sig master key and get the split funds. So why would I use your service? Weird I searched a bit about Bitdirect but it seems it's an altcoin called BITD and according to the thread, it is long gone(dead). Here's the source: https://bitcointalk.org/index.php?topic=1857875.0In July 2019 someone sold their domain bitdirect.io from this post: https://bitcointalk.org/index.php?topic=5162827.0So how can we trust a newbie and your service here?
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There seems to be an issue with your hashboard related to EEPROM, and the logs show an sn error. Probably because the EEPROM is different or corrupted or maybe you have a different hashboard or recently replaced it with a new one?
Can you try to test all hash boards one by one to find which hash board that causing this error?
And hope that you can edit your thread it looks messy you can use the insert code tag to put all your logs properly.
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The only way to get profits in mining is if you have a low or almost free electricity rate. That's the only way but since the Bitcoin price of Bitcoin is too volatile and the block halving is coming there is a big chance that the bitcoin price rises it can give more profit to those who mine at low-cost power. Another thing to ensure profit is to keep holding your mined coins and sell them at the right time.
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That's the only way to reduce trading fees only USDT that supports more pairs compared to BTC or ETH. I don't think there is another way to pay fewer fees but why not trade on other exchanges like Binance? Some pairs in Binance are free of charge to trade.
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my question is what type of nodes are honest nodes , how the nodes decide network to be honest and how would dishonest nodes can change the network or attack the network or hack the network
"Bitcoin nodes, which are computers that run the Bitcoin software, decide whether the network is honest by following the rules of the Bitcoin protocol. These rules are enforced by the consensus mechanism of the Bitcoin network, which is called proof-of-work." Read the source below. - https://en.bitcoin.it/wiki/Protocol_rulesThe ones that I know of dishonest behavior are the nodes who attempt to create invalid blocks or double-spending this is one of the rules that they shouldn't do or else their nodes will be punished.
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I don't think it's wise to buy all 30 ASIC units from Bitmain you can get cheaper from Canaan units if you are planning to lower the cost. And the main part of lowering the cost is the Electricity rate but I think you can only get cheap power in 3rd world country. Having a solar farm is I think another option to get free power but the problem is building a solar farm might cost more than buying ASIC units. Maybe you can build an on-grid solar panel to help reduce the power cost from your mining farm. Maintaining it should be an easy task just make sure you have some repairing tools like the test fixture, Multitester, and BGA soldering set then learn how to repair them here's the link below for a big list of ASIC repair guides. - https://www.zeusbtc.com/Support-Manuals.asp
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Yes, it is not owned by CZ but that wallet owns by Binance users who use their service. If your point is that this wallet that owns by Binance is hacked I don't think they are hacked according to what I heard before they gradually moved some funds to other wallets to ensure the security of their users' funds and to reduce the risk from hacks and security breaches. It is likely they are moving the funds from the hot wallet to the cold wallet and they periodically transfer funds back to the hot wallet when the funds are exhausted.
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The price of bitcoin is too volatile and no one knows what will be the price of Bitcoin in the future but since Bitcoin supply is limited the price of Bitcoin still have a chance to increase in value. So it's not too late to buy bitcoin you can even play and make a profit from the ups and down you should learn how to trade. If you want to learn how to trade check this link below - https://github.com/SpiralDevelopment/Awesome-Crypto-Trading
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they told him he needs to invest a minimum amount before they allow withdrawals, so he put more in. Then they say he needs to add another large amount for taxes before he can withdraw.
That strategy is old same as other investment sites or fake exchanges but in the end, they always keep ask to deposit more without giving you a chance to withdraw your coins out from the site. Look at the domain extension never seen any exchange or investment sites that use the .top domain it's suspicious if you found one for me, it's totally a scam.
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Most of the sold wallet.dat files out there are most likely fake and never heard someone success to brute-force these wallets. So if you buy them you are just wasting your money and time trying to find the right password. There is a discussion about this fake wallet.dat here " Fake walle.dat can trick bitcoin core client?"
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That's an obvious way to promote her friend's accounts but the fact is it's also her account there are lots of them on telegram with the same strategy pretending as a newbie. They try to convince you and gives you suggestion or link and then they are going to force you to deposit.
Many newbies out there still fall into this kind of strategy. So always be aware and ask trusted people if they are legit or not or better discuss it here so that trusted people here will advise you what to do.
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What exactly are those many errors? Would you mind to share with us? Copy all logs and post it here don't forget to put them all inside "insert code tag" it's a # button while editing your post.
I don't think its due to mining pool since the two of them still running fine? Possible the issue of your 6 miner's is due to overheating.
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They can't get Bitcoin at an ATM but the real cash is inside that machine. So why would they be disappointed if they already get some cash?
Bitcoin ATM works: before you buy Bitcoin you need cash to deposit so it should have some cash unless all transactions made on that machine are via Debit/credit card.
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It's the same as what happened to me the only difference is that you are lucky that you still find the paper backup in the garbage compared to mine where they already burned my backup paper. That is why I decided to put all paper backups in a storage box that includes my important documents and I told them not to touch my storage box without my permission.
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Why would bitcoin be lost when you send BTC to the taproot address? It shouldn't be lost since both segwit and taproot are supported and fully compatible.
The only problem is that older wallets may not be compatible with taproot addresses or any exchanges. Only segwit and legacy addresses are the most commonly used.
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thanks for the reply, the 3rd hash board was the culprit. my only choice is to buy a testfixture.
Why would you buy a test fixture than buy one hash board? It's not worth it unless you have multiple units or planning to use it for future repairs. If you only have one unit then replacing the hashboard is the best choice.
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It's pretty normal to see Bitcoin price drop but why do you think Bitcoin is dead after FTX's bankruptcy?
Old users who know about Bitcoin's history see when the price of Bitcoin rise and drops or when it is a bear and bull market, If you look at the old chart and past event and compare them to what happened until now you should notice that it's a cycle.
Bitcoin only will die if there is no exchange or services that accept bitcoin as payment or if Bitcoin becomes easy to hack and program mess up due to developer's faults. However, while the risk of Bitcoin being hacked is relatively low there is a pretty low risk if someone is attempting to hack the wallet. Since Bitcoin is a decentralized and secure, peer-to-peer network no one can easily hack or make unauthorized changes to Bitcoin program.
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I just want to let you know that I don't promote anything I just suggesting removing the signature check by using vnish firmware and then flash it again to braiins OS. Since you said this miner with the latest firmware can't able to flash via SD card that is why I suggested Vnish to bypass the signature issue but I don't promote them and I want to be honest with you we're not friends and I don't think we're related either.
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