Hey everyone,
I'm sorry for the possibly elementary question... but scenario:
My BlackBerry Z10 had some bitcoin on it using the app "Bitcoin Wallet". I transferred the BTC from another phone, to the current Z10... but unfortunately the Z10 died. It wont boot.. I cant access the data..etc.. Is there a way retrieve my money through the block chain... or any other way?
On Another topic... I stopped mining BTC about two years ago and was part of the whole Flower Tech Scam... I've been out of the loop for quite some time...But i see the difficulty rates decreasing... Could mining for small individuals become feasible again?
Thank you for any help...!
Hi,
1. If you have a backup of the private key somewhere, you can retrieve it. Perhaps you have a backup of the phone and could restore it to a new phone? If it is a lot and worth it, you could probably extract the internal storage (16GB?) and get someone to pull the data from it. I don't think that would be inexpensive though, and that assumes Blackberry doesn't encrypt it. Ditto the SD card to see if it is stored there.
2. Second question, how did you transfer it to the new phone? Did you import the private key to the new phone or send to a new address? If you just transferred the private key, it could be (probably is) on your old phone and you could send to a new address from there. If you sent to a new address on the new phone, then this wouldn't work.
3. This is just my opinion, but as difficulty increases begin to level off and increase closer to the growth in mining (e.g. when ASICs have reached state of the art fabrication density) mining could become feasible for the individual again. E.g. when bitcoin went from CPU to GPU, once it leveled off, mining with GPUs was feasible even though CPU no longer was. I believe it will be again, but it won't be nearly as easy since the number of people involved has increase significantly.
:-)