[UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.5

[FallingKnife]

True. I almost wonder if just buying the price upward with a couple hundred bucks would just be better off than messing with renting. I don't want to use BTC to rent right now, I'd rather use a Visa card. Looks like that still isn't an option.

I think buying/supporting and holding longterm is the better option than renting hash, when it comes to making it more resilient.
That's a topic for discussion of course but i don't see a lot of sense in renting hash opposed to lifting the price in the longterm.
Renting is just 'you mining it'. Higher price is 'everyone mining it'.
My 2 cents.


That being said, Uno is still one of only a hand full of merge mined coins and has a higher hash than 98% of these other altcoins.

edit: don't be discouraged from renting hash though, it's also a good thing to do. Not sure my conclusions are 100% correct. You got to weigh the options yourself. Likely depends on how you look at it.

Agreed.  Mining BTC is not profitable. Pretty much, any SHA256 coin is not profitable today.  But it will round out a crypto enthusiasts experience if they give it a try. And help the UNO network in the process.

Network hash is always ever an estimate. Its calculated based on the number of expected blocks at a certain difficulty, versus the actual number of blocks found.  Good luck can drop your network hash rate. Bad luck can raise it.   And anyway, we've doubled, back up to 80 THS as I write this.  That's still historically low, but lets just see where it goes. I think it will bounce back.  All it takes is someone to rent 1 PHS and point it at one of the merge pools, then zoom.

[natmccoy]

A couple of possible clarifications:

"BTC mining is not profitable" ... unless you have a large-scale operation?

"That's still historically low" ... not to be confused with 'a historic low'.

[FallingKnife]

Can I take back my profitability comment?  Coinwarz says btc is profitable at these prices and 10 cents/kwh, so depending on your inputs... I can't operate a mining rig here cheaper than I can rent one.

But the miners are just 11 days, 10 hours away from losing 1/2 of their income. That will be interesting to watch.

[FallingKnife]

I'm going to add 300 ths to mmpool for 6 hours today, and run the Uno difficulty up for a while.

[RDDRocket]

I'm curious to see you dump this 300 TH onto the network so I can see if that has some sort of effect on buying/selling pressure in relation to diff increasing and network interest. Also, you should get these blocks moving just a tiny bit faster.

Funny story. I'd been waiting on Bittrex to verify my account for 48-72 hours. I then realized I should email them, that it was going to fail. I knew that they could not verify my address through any form of public record, I'm "off the grid" currently. Once I emailed them and told them this, they IMMEDIATELY or somehow very coincidentally minutes later denied my basic account. I explained "I've moved from where you can publicly obtain record of my home address."
A minute later, I said fuck it. Gave them my old address. My account was verified instantaneously. Pretty telling, to me, on what they are using for KYC address verification methods.

[FallingKnife]

Ah, shit. Ok, I just figured out a big part of our low hash when I saw this on the mmpool thread.



So my 300 ths is not doing anything to help Uno. Maybe I'll switch the last few hours over to a different pool.

[RDDRocket]

Oh no! I hope you weren't paying to mine for the past 3-4 hours without accomplishing anything.

[FallingKnife]

Oh no! I hope you weren't paying to mine for the past 3-4 hours without accomplishing anything.

I was earning BTC, and Mmpool was paying out UNO and other coins anyway, while they're down. I wasn't helping Uno, but it wasn't a total waste.

I hope Mmpool gets everything back up. Uno is definitely missing their hash.

I've split the hash between multipool.us and zpool.ca right now.

[RDDRocket]

Almost up to 100 TH.   It takes a while for the network avg to rise up. I'm sure it's already over 200 but isn't responding to the estimate quite yet.

Nice to see. It's helping me move some coins around a bit faster.

EDIT: Well, it was about 92 TH and now dropping a bit.

[kritter]

Hi Guys,

I've had a few hundred UNO on an old computer that was broken. I finally found a person to get the machine running. Now that/while it's still running I'd like to move the UNO to a better wallet.

The wallet on the computer is version 0.9.something

I encrypted the wallet, but cannot find the paper with my passphrase.

any suggestions on how to reset the passphrase?

This is a great community.

Thank you.

[FallingKnife]

https://bitcointalk.org/index.php?action=post;topic=527500.13060;num_replies=13077

These rental aren't hashing as advertised. I'm only getting about 100 ths out of the pair them. I've tried different pools.  Some rentals hash better than others. MRR will refund the difference if it doesn't hit the promised hash.  But difficulty has raised about 1.5 million since I began.

[FallingKnife]

Hi Guys,

I've had a few hundred UNO on an old computer that was broken. I finally found a person to get the machine running. Now that/while it's still running I'd like to move the UNO to a better wallet.

The wallet on the computer is version 0.9.something

I encrypted the wallet, but cannot find the paper with my passphrase.

any suggestions on how to reset the passphrase?

This is a great community.

Thank you.

Hi Kritter,
Welcome!

Keep looking for that passphrase. You're going to need it. There's no way in without it.

[RDDRocket]

Hi Guys,

I've had a few hundred UNO on an old computer that was broken. I finally found a person to get the machine running. Now that/while it's still running I'd like to move the UNO to a better wallet.

The wallet on the computer is version 0.9.something

I encrypted the wallet, but cannot find the paper with my passphrase.

any suggestions on how to reset the passphrase?

This is a great community.

Thank you.

The only way to reset that passphrase, is for you to remember it, enter it, and change it to something else. That's the deal with real cryptocurrencies such as Unobtanium and Bitcoin. It's all about the crypto. But once you forget it, those are gone. I'm sorry to hear that.

[kritter]

AAARRRRGGGHHHHHH!!!!!!!

Is there a way to determine how long the passphrase is?

[cryptapus]

AAARRRRGGGHHHHHH!!!!!!!

Is there a way to determine how long the passphrase is?

This is a service that might help:

https://bitcointalk.org/index.php?topic=240779.0

note: I do not vouch for Dave, but he seems to have a following... Sorry for your loss

[kritter]

Thank you, I will try this if all else fails.

Still hoping there is a way to determine the length of the passphrase, that would help tremendously in remembering what it is.

AAARRRRGGGHHHHHH!!!!!!!

Is there a way to determine how long the passphrase is?

This is a service that might help:

https://bitcointalk.org/index.php?topic=240779.0

note: I do not vouch for Dave, but he seems to have a following... Sorry for your loss

[BitcoinNational]

Without endorsing his service, I will accept as plausible the notion that you can extract just enough information out of a wallet file that would allow cracking the password but not accessing the funds.  The method of making sure only the correct portion of the wallet file gets extracted is the part that deserves good peer review, but I think the idea (possibility) itself is legit.

Basically a wallet is protected with a random number key, and then this random number key is encrypted in a special master password record that is encrypted with the password itself.  The random number key is generated when the wallet is created and isn't useful by itself for accessing coins without the actual encrypted Bitcoin private key records to go with it.  If you can rip that master record out of the wallet, you can crack at the password with no possibility of access to funds.

so the next trick is getting at that 'master record';
above my pay grade.

i would keep the files saved, just in case, likely solution would be to buy a password cracking program, that you tune to what you think your password might be, also in the future some simplified recovery might be possible (trust wise) granted a nonsecure password.  

currently SOoL
unless you've jotted down the privkey somewhere?

------------
http://www.miaminewtimes.com/news/cryptsy-founder-paul-vernon-disappeared-along-with-millions-of-his-customers-cash-8557571

But trying to get hold of the company's financials and other relevant paperwork has been tougher. "Typically in a financial institution, you have books and records about who your depositors are," Sallah says. "It was at least not that."

Sallah says he's now come to the same conclusion Silver has reached about Big Vern's story.

"You do the math," Sallah says. "If you think someone hacked in, why would he have written that kind of confessional letter, posted it, and moved to China?... If it's not corporate looting, it's at least extreme corporate malfeasance."

[FallingKnife]

That's a good article with some new information.

Yeah, I have hunch that Paul Vernon isn't planning to come back.  Bummer he won't get to see his 2 girls ever again. Maybe he doesn't care about that though. All he cares about is money.

[balu2]

300k LTC went missing with cryptsy. Maybe that's why it doesn't look so good?

[natmccoy]

It looks like average daily volume for June has been about $700, $21,000 for the month. ~5% of supply traded in a month seems pretty healthy to me.

Halving incoming!

https://twitter.com/natmcmolecule/status/748662642617815042