Bitcoin Forum
May 04, 2024, 03:17:38 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Help comunity with computing power  (Read 155 times)
Eleking (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
June 05, 2018, 06:30:09 AM
 #1

Hello dear forum friends and foes!
I'm new here, i'm new in concurrency, but that doesn't mean I don't want to help improve things in this field. I have heard many, lets say rumors, that you can contribute to community by being wallet node or something like that. I can't explain it mo precisely, so could you please guide me with right keywords and assistance.
Saddest part is that I do not have SUPER computing power, just on HP laptop, but positive thing is that I have unlimited and, in my opinion, high speed internet.
1714835858
Hero Member
*
Offline Offline

Posts: 1714835858

View Profile Personal Message (Offline)

Ignore
1714835858
Reply with quote  #2

1714835858
Report to moderator
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714835858
Hero Member
*
Offline Offline

Posts: 1714835858

View Profile Personal Message (Offline)

Ignore
1714835858
Reply with quote  #2

1714835858
Report to moderator
1714835858
Hero Member
*
Offline Offline

Posts: 1714835858

View Profile Personal Message (Offline)

Ignore
1714835858
Reply with quote  #2

1714835858
Report to moderator
1714835858
Hero Member
*
Offline Offline

Posts: 1714835858

View Profile Personal Message (Offline)

Ignore
1714835858
Reply with quote  #2

1714835858
Report to moderator
jseverson
Hero Member
*****
Offline Offline

Activity: 1834
Merit: 759


View Profile
June 05, 2018, 02:07:06 PM
 #2

You must be talking about running a full node. Here is more information about the subject:

https://bitcoin.org/en/full-node

But yeah, generally, running a full node does contribute to the network. Bitcoin Core also happens to be one of the most secure desktop wallets available, and you get to broadcast your own transactions to boot. It has fairly low requirements apart from the hefty disk space required, so you should go for it if you could.

MintDiceSupport
Member
**
Offline Offline

Activity: 154
Merit: 11

MintDice Support


View Profile WWW
June 05, 2018, 06:57:00 PM
 #3

If you're going to run a full node, it is recommended to use an old laptop or a laptop solely used for this purpose so you can leverage its optimal storage power. That said, you don't need super computing power to contribute to the network! In addition to jseverson's resource, check out this step-by-step guide on how to set up your own node: https://99bitcoins.com/step-by-step-guide-firing-up-bitcoin-node/

cheers!

Mintdice.com
Eleking (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
June 05, 2018, 09:57:10 PM
 #4

Thank you for your time.
I have one more question, is there any cryptocurrency whichs effectiveness, speed, trust is somehow related to bandwidth speed?
jseverson
Hero Member
*****
Offline Offline

Activity: 1834
Merit: 759


View Profile
June 06, 2018, 11:29:50 AM
 #5

Thank you for your time.
I have one more question, is there any cryptocurrency whichs effectiveness, speed, trust is somehow related to bandwidth speed?

There are none that I know of. Cryptocurrency, at its core, is just money. There's no reason why it should be dependent on bandwidth speed. If nothing else, their clients should work perfectly under the slowest of conditions.

In the off chance that you're referring to mining, however, you might be able to find something.

AndyKete
Newbie
*
Offline Offline

Activity: 83
Merit: 0


View Profile
June 06, 2018, 11:54:06 AM
 #6

I would also be interested on this, if I can make some alt by lending band or hard drive it would be useful since I have excess of both.
FarrMan
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
June 06, 2018, 01:14:02 PM
 #7

There are coins what are mined with HDD.
Here is an post - https://bitcointalk.org/index.php?topic=1346886.0

If you want to learn more, search for these terms - Proof-of-space (PoSpace), also called proof-of-capacity (PoC). I didn't evaluate any of these but there is chia.net, SpaceMint, Burstcoin
guizi6
Newbie
*
Offline Offline

Activity: 82
Merit: 0


View Profile
June 06, 2018, 03:24:36 PM
 #8

Can I use a personal computer to mine now? There should be very little profit. Basically it is already the world of mining machines.
dothebeats
Legendary
*
Offline Offline

Activity: 3640
Merit: 1352


Cashback 15%


View Profile
June 06, 2018, 07:53:49 PM
 #9

Thank you for your time.
I have one more question, is there any cryptocurrency whichs effectiveness, speed, trust is somehow related to bandwidth speed?

There used to be a coin that can be obtained using your bandwidth, but because of the limited high-speed internet available all over the world, it didn't end up too well for the coin and the devs. Also, not all high-speed internet plans nowadays are unlimited (which is a shame), so there's that.

Can I use a personal computer to mine now? There should be very little profit. Basically it is already the world of mining machines.

On some low-difficulty altcoins which utilizes GPU power, yes you can, though there aren't that many coins that are virgins on GPU miners, so your chances of finding one is very slim. In order to get some kind of decent profit in mining, you must obtain at least two or three GPUs and mine whichever is profitable. It might not make you a lot of money but everyone has to start somewhere.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!