Bitcoin transactions are currently cheaper than Ethereum transactions.

Average Ethereum Fee: $15.62
Average Bitcoin Fee: $13.57

Source: https://ycharts.com

A base-64 encoding with 50 lines of 70 characters sounds a lot like a PGP key.

I think the problem is probably related to connecting to peers in order to obtain the blocks. The rate should improve as you connect to more peers.

Investment house clients might switch if the mining fees that they are charged are too high.

The highest fees don't affect the rates that other users pay. A miner could pay themselves 1000 sats/byte or 1 million sats/byte, but it wouldn't affect how much others pay. Users are competing to pay the lowest fee possible, so it is the lowest fees that matter.


Every miner has their own copy of the mempool and is free to include or exclude any transactions that they choose in a block. Exchanges that also mine do exactly what you suggest. They prioritize their own transactions over others in order to save money on transaction fees. Or, they might pay miners to give their transactions priority.

In order to send and receive bitcoins, you need a wallet. You can choose one here: https://bitcoin.org/en/choose-your-wallet

Get a "receive address" from the wallet and withdraw your bitcoins to that address. Once you have the bitcoins in your wallet, you can send them whenever and where ever you want. Generally, if you want to send bitcoins, the receiver will give you an address (just like you did when you withdrew the bitcoins that you mined). You go to "Send" in your wallet and enter the address and amount.

This is a scam. Do not download anything or send any money.

If you don't want to see a certain thread, the only way to ignore it is to remove all of your posts in the thread.

I have a Raspibolt node running using TOR. Raspibolt has the following configuration for bitcoind. Compare to yours.


Also, why run both Bitcoin Core and Electrum on the RPi? I run Electrs on the RPi, which allows me to run electrum on any computer on my network.

TL;DR: Find the private key for any of these public keys and receive 3 BTC.

Here are my thoughts:

How?

Finding a private key given only a public key is practicably impossible. It is not worth even trying, even for $150,000.

Why?

Here is a wild guess: @criptonist has a master public key to a hierarchical wallet, and along with a child private key that you are asked to provide, she can compute the master private key and take BTC from addresses not listed. Since it costs nothing to have others search for the private key, @cryptonist has nothing to lose by asking.

If you can track down the company, you might be able to get your BTC through legal means.That's probably your best option, as bad as it is. Hash flare was a scam so your probability of success is very low.

Bitcoin mining, or more precisely proof-of-work, is specifically designed to consume energy. If you can develop a way to compute a SHA-256 hash without consuming energy, then you may become the richest person on the planet.

Because of the economics of mining, these are the only ways to lower the consumption of energy used in bitcoin mining:

• 1. Increase the per hash cost of mining, perhaps by
  
  • a. increasing the cost of energy, or by
  • b. other means such as taxes.
• 2. Reduce the value of the block reward, perhaps by
  
  • reducing the subsidy or the transaction fees, or by
  • reducing the value of a bitcoin.

Note that increasing the efficiency of mining, specifically hashes per joule, has no effect on the consumption, again because of the economics of mining.

I don't know why they call him a "renowned crypto trader" when he is clearly not that.

I disagree. The act of choosing an outcome can reduce its entropy to potentially 0. Take an extreme case: Generate random 6 character passwords until the results are "123456". In both theoretical and practical terms, that password has an entropy of 0. Nothing about it is random. You picked a password and then used a random process to generate the password that you picked. By choosing an outcome, you reduce the "entropy space" by removing the regions that you would reject.

I disagree.

If you look at https://www.hodlwave.com/, you will see that only 20% of bitcoins have not moved in more than 5 years (as of around the last halving). If OGs really weren't spending their coins, that number would be closer to 75%. That implies that OGs have been selling (or at least moving their coins around a lot).

If you have bitcoins that you acquired a long time ago for practically nothing, I see no good reason to hold on to them all even if you expect the price to increase from here. I mean, if your bitcoins are worth millions of dollars, it won't hurt you to sell a bunch. The benefits of maximizing your wealth are overrated. What good is money if you don't spend it?

What they don't tell you about NFTs...

• An NFT is a token that represents something else. Owning an NFT is not the same as owning the object that it represents.
• It is claimed that an NFT determines ownership, but what does ownership of data mean? If two people possess the same digital image, for example, how can one person own it and the other not own it, and what is the difference?
• What would happen if I mint an NFT representing another NFT. Would I own the represented NFT and therefore own the art that it represents?
• The owner of a work does not necessarily own the copyright for the work.
• The uniqueness of an NFT is complicated. An NFT is data. It can be copied just like any other data. Its uniqueness only exists in a certain context.
• Anybody can make an NFT for anything, so an NFT by itself has little meaning.
  

It was a very large transaction combining bitcoins from about 640 inputs. The sender could have saved a lot of money by waiting for fees to drop and paying 10 sats/vb rather than 100 sats/vb.

However, I notice that even when fees are low, there are still transactions paying fees of around 100 sats/vb. I bet those are exchanges that charge users a fee when withdrawing. They don't care what the fee is because the users pay it.

People with excess cash have more incentive to buy bonds, which means less incentive to buy bitcoins. I don't think the effect is substantial.

In theory, since the sequence is not completely random (you reordered the words and hand-picked one of them), you have lowered the entropy by some amount. That amount is difficult to compute. In the worst case, handpicking a word means that the word contributes nothing to the total entropy.

However, in practical terms, there is no difference unless the new sequence of words is designed to match a similar sequence of words that exists somewhere else.

When it climbs past $100k, who will be laughing at who?

When you run electrum, the wallet asks the server for information about all of the addresses in your wallet. The server then knows all about all of your transactions.


Plenty of information can be known about you without knowing your IP address. For example, they know where all your coins come from and where they go, so they can simply ask someone that you have transacted with who you are.

I run a bitcoin node and an electrum server on a Raspberry Pi, along with a Lightning node and other things (read this: https://stadicus.github.io/RaspiBolt/).