someone can pull off a miner for this? https://bitcointalk.org/index.php?topic=1796036.0 it has a decent daily emission, 30k satoshi for 7200 coin a day, that is more than 2 btc daily, only amd are mining it right now it's a modified equihash that need 8gb of ram to work, if a miner can see the light for nvidia, would be better |
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still no nvidia miners here?
No maybe to ask ocminer if he has? already did he can't, it's not so easy apparently |
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i think they should really make more dual mode asic, that can mine both sha and scrypt or whatever, in this way the miner have more option and it's not stuck with one
in the past there were this kind of asic, but they were very limited and not competitive, right now with antminer you can only mine bitcoin with profit, there are other sha 256 coins like terracoin but they have a lower profit
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yes you can by buying more asic miner to mine, if you mean overclocking, i think it was possible with previous batch, i don't know if it's still possible
but probably the reaosn why thjere ar emore batch it's because they found a way to make it more efficient and increase speed
and you don't mine with a computer here not even in the altsection actually or at least not with the definition of "computer" you have in mind, but with asic...
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actually the whole consensus thing it's not so different than the parliamentary in euro or some country
a bunch of guys decide for a new law for example, but they they need the consensu of another bunch of guys
would be better if the consensus in the parliamentary was based on a direct democracy, where the poeple decide and not a restrict elite of asshole
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what about the notorious case of mintcoin and mint exchange, where users were holding the majority of their coins in the exchange, who was then hacked and therefore there was the possibility to do an attack because the hacker had the majority of the coins under his control?
it's dangerous for pos to have all the coins in the same place, and with people rushing to sell them at certain price they end deposit a large amount on the exchange
What about it, it had nothing to do with N@S. PoS or PoW Coin gets hacked, odds are the thief will sell on another exchange and crash the market. Time Passes and the price recovers or the coin dies , no difference PoS or PoW. or are you afraid of 1 entity controlling network. Hate to break it to you , all PoW coins will become over 51% controlled by 1 entity. (Due to economic factors.) BTC with China having ~67% for over a year now. (already happened)  PoS Coins not as big a deal, because the ones that use coin age , PoS coins deactivate after staking for a prescribed amount of time, unlike ASICS where they maintain the exact same % of ASICS. So you can have 60% of the coins and someone else with a higher coin age per block can outstake you, PoS is in constant flux, not static like PoW.   it's not the same, pow coins can't be controlled by one entity because you know they can't mine with their coins on exchange like with pos coins, where the exchange who control more can also mint more with pow they are equally distributed among the exchange and mienrs that hold a good portion of the total coins with pos you have an exchange that keep minting and dumping or accumulating for an attack, because you know again those coins are free so he can attack the network without thinking it twice, unlike with pow where you are not mining for free and the consumption is a good deterrent that prevent this, so wasting energy it's actually a good thing in crypto contrary to the popular belief |
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i think they need to focus better on something that speed up the whole buying with bitcoin especially for expensive stuff
for the time being it's impossible to purchase things like a gpu, no buyers will ever come i tried many times
maybe they can add a sort of thing, like they did with some products on purse.io itself without going to amazon, but for other country and not only USA
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gold is one way to explain bitcoin the fuctionality is kinda the same, you mine you hold you gold/coins they acquire value based on demand and supply, they are limited etc...
for the blockchain itself, my best example, is a chain of safe box, where when you find the conbination to open one another one is ceated
all the safe box that are been generate previously are opened and you can see their transaction on the public ledger(the blockchain)
to have the amount of that safebox must own the correct key/private key in case of bitcoin
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Quite the April Fool's joke, I tell you. This goes to show how worthless of a political game signaling really is. Stick to the real thing!  i would not be surprised if antpool signaling for BU is a part fo the today april fool, even if it happened way before it, because i can't believe they are going with bu, when i remember clearly that in the past no pool was going to support block that were more than 2MB or that or must be some sort of buy cheap coin on the market, because mienrs are also traders, that can manipulate the market |
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i have both, and the new one don't have the possibility of controlling additional fan in windows(no at-tuning software), so you must go in the bios and set the % there, which is annoying because i'm controlling my rigs remotely and you can't access the bios remotely...
the old one is the best. i'll by more when they are available again
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I will not waste money to buy bitcoin now since bitcoin started to increase i you guys planing to buy bitcoin now think twice you will just gain approximately 100$ income or maybe less bitcoin right now is in $1033 per 1 bitcoin plus the fee of buying and if the bitcoin rise up to 1200 or more then your just made up 100 or less profit just buy when the price is low in atleast 900 dollars per coins. restore them in bitcoin wallet while waiting for price increase.
the right time to buy is always when the other fear the market, and the right time to sell is when the opposite situation is true the value will likely not go below this threshold, the market is just reflecting the decision and the fud based on the whole thing about BU/segwit after all this is set you can rest assured that the old high value will be the new bottom, we have seen time so many times in bitcoin it's so predictable and not funny anymore... |
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i find it strange that they discovered only now a huge gold mine, i mean how can this thing go unnoticed..besides this can't lead to any revolution in bitcoin value
there are no data on how many from gold are investing in bitcoin, and i think they are not much, since gold owner like stability seeing how they are investing in gold, i doubt they would jump on bitcoin, with the recent drama about the fork
p.s. seems that this thing is still a drop in the water compare to the current gold reserve
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If you are looking for a short term plan investment then bitcoin is the way to go. But in the opposite if you are looking for a long term plan then gold is quite safe for this. Usually investing in gold is for long term of 10 years minimum. Also the ROI can be higher with bitcoin, considering the lengh of your plan. If i was going to choose, I would choose to mix both. Remember the golden rule, don't put all your eggs in the same shoes
bitcoin in all respect it's more mean for a long term investment not really short term, that belong to altcoin perhpas, it's very akin to gold they both shares the same property, but bitcoin carry more appetizing features actually the rule about not pulling all the eggs etc.. is not always true, if you see an investment that can give you the same probability of success as another one why not investing it all there? i see both gold and bitcoin very equal now, and it doesn't make sense to diversificate for the time being |
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depend on what you mean with cheap electricity, and unless you have 1 cent it's still better to choose the s9 if you can afford it, and since you didn't say anything about your budget maybe you can buy one
for just one you don't need an air cooling, it should remain fresh enough in the room it mine, the difficulty usually increase 10% average per month but it can go up to 20% or lower than 10% some times
and yes there were cases where the diff decreased, but it was momentary, due to the value maybe
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ok so if u didnt steel money... just invested it in bitcoin then traded for exmaple: monero or dash and sold it for a lot more is not considered money laundry? am i correct?
you can effectively make the first case proposed in this one you mentioned, i mean steal the money from a bank, buy bitcoin with those, convert them with a mixer to another altcoin, and leave all the trace back this is money laundering but none will ever know about it because there is no trace thanks to some anonymous coins, this is the big problem the government want to fight |
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Yeah, but encryption is there to get broken. What happens if (and when) it does?
encryption currently can not be broken, and you don't defend bitcoin as a whole, everyone defend himself/herself from the hacker, as a "pillar" of bitcoin, nodes are that after all the beauty fo this is that it's virtually indestructible, because unless you take down all the nodes, you can't take down bitcoin, and enw node can always emerge quickly |
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you can't force anyone to decide, just leave the case alone will solve itself eventually, miners currently have no real reason to have a better adoption for bitcoin because their profit is more than enough
that's why they don't care about the block limit and pretend that everything it's fine, and you can see that the majority are undecided as well, a better adoption i the future willforce a decision on the block debate....
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still no nvidia miners here?
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Ok as a btc hodler i read many topics about the fork
So i want to know is the hard fork gonne happen ore is bu dead meat?
So that we Dont need to worry about it
for now look like BU is doomed to fail, the manority of the vote are undecided and are not in either segwit or BU, likely we will remain with current situation for a long time you don't need to worry about this, at best BU will be an altcoin listed on exchange with a lower value than bitcoin, pretty much like eth and etc or zcash and zcash classic Even with 51% of total hash power of the network BU miners will have to produce blocks larger than 1MB and the majority of nodes will have to validate those blocks for up to 2 weeks I imagine to successfully perform a hard fork but they won't do it why? answer is really simple, exchanges won't trade and list that second coin even if it has the majority of hash power behind it unless they show BU the green light there will be no hard fork.
If they manage to reach 51% they will surely get a lot of donations and offers from wealthy investors that will allow them to persuade the owners of some exchanges to list their coin. This is how it works in capitalism, money can open every door it's just the matter of digits. That said I think they won't reach even 51% with their falling support. No fork this time folks no because that would kill bitcoin effectively, and destroy the business of those exchange, if bitcoin is at risk i'm sure the exchange won't fall for any corruption miners aren't stupid they won't do any 51% either, they know it can lead to nothing but less profit for them, because the value would suffer from this action |
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Anything sub $1,000 is an absolute bargain & if you can afford to, should absolutely be investing a couple of grand into bitcoin right now.
It's almost certain that good profits will be made buying at $1,000.
I do not think so. If the Core team does not allow a block size rise soon, the bitcoin price will drift lower in the short term. if this did not happen already with all the drama what make you think that will happen "soon"? bitcoin value is dependent on the amount the investors bought at certain level there is no way that those investors will start to dump their amount and lose their investment just because of some fud here and there these investors don't really care much about the technical aspects of bitcoin, they buy to sell later at higher value, they will not dump for any reason now |
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