KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2438 blocks

[CryptoBuddha]

Either Bitfinex fucked up or someone in Bitfinex just made a lot of BTC.

Exactly. BTW they had some issues on Jul 26-27, and after the fix everyone should have made a withdrawal instead of depositing or trading on. Not to retype it here, this is my reply in the respective thread https://bitcointalk.org/index.php?topic=1573736.msg15799838#msg15799838

[VRobb]

Block! Cheers to pdmf03 for cracking the latest block. Block on!

[d57heinz]

@kano

Have a quick question. am following some of the news from bfx hack and ran across this address  in a chat log  https://blockchain.info/address/1BfxSuxJqXuizBbTcP238JZY9DT4eqvzJG

So it may have something to do with the hacker.. but what is most interesting to me is this address  https://blockchain.info/address/1BitcoinEaterAddressDontSendf59kuE

i know a bit about vanity address. i have one i made a long time ago with 1d57heinz(which took many days with a few gpu).. what is odd is how many characters they were able to find in a row.. This would have taken a huge super computer or a ton of gpu to find this address.. Or am i missing something here..

Next question is. If someone can find that many characters with a vanity gen then how safe are we?

Best Regards
d57heinz

[-ck]

So it may have something to do with the hacker.. but what is most interesting to me is this address  https://blockchain.info/address/1BitcoinEaterAddressDontSendf59kuE

i know a bit about vanity address. i have one i made a long time ago with 1d57heinz(which took many days with a few gpu).. what is odd is how many characters they were able to find in a row.. This would have taken a huge super computer or a ton of gpu to find this address.. Or am i missing something here..

Next question is. If someone can find that many characters with a vanity gen then how safe are we?

That address isn't owned by anyone. It's a valid address but that doesn't mean anyone actually has the private keys to it. You'll see that someone has been putting money into it but no one has ever taken money out of it. Anyone can make up an address name that sounds cool but that doesn't mean they actually have a wallet with private keys for that address.

[wmabern]

Looks like I did OK buying 1/2 coin last night @548. Hope the upward trend continues.

Three blocks today. We can do at least two more. Let's get going!! Blockssssssss! 

[flameruk]

Hi Folks.

So Ive been working away a couple of days and missed all the banter on here and wow, what a saga Bitfinex has ended up in.
Nice to see the pool is still rolling on and Im sure increased luck will hit.
Was hoping to see the difference the difficulty change (yesterday???) made but ive missed it all im afraid.
Ill start to check over some charts n stuff and see if I can work out for myself.

Just one thing that im sure all you fellow mining fans will already know, "Dont Keep Your BTC In An Exchange!"
If you are a newby, then Dont Keep Your BTC In An Exchange.

So, Im only home for a night, back to pipe fitting on the Power Station tomorrow and hopefully be back for the weekend.

Take Care, see you soon!

[wolfen]

message on finex blog probably a goof.

bitfinex We taken all your #Bitcoin, we’re keeping them all, we are Anonymous hacker group and RussianSpies, we strike again.
GuardiansOfPeace


http://blog.bitfinex.com/uncategorized/security-breach/

[813bits]

It looks like there are some 11.8 TH/s S9's @ bitmain warranty for $1849 with a floating BTC price.  I wish they had some 12.93's as I have space for 2 of them...

[Megaquake]

The idea of returning stolen funds is in fact circulating elsewhere, getting miners to reorg the theft? a fork? this is coming from a core developer of BTC could this be true? if so is lame

[traxor]

The idea of returning stolen funds is in fact circulating elsewhere, getting miners to reorg the theft? a fork? this is coming from a core developer of BTC could this be true? if so is lame

We talked about that last night (1 or 2 pages back).  It would require 51% approval of miners.  But it doesn't work philosophically.  The block chain must remain immutable.

[Megaquake]

Bitgo wallet or should I say one wallet multiple users, Bitfinex  fell for this crap and pulled the coins out of cold storage!

Responding to needs of Bitcoin businesses, BitGo created the first multi-user 2-of-3 multi-signature wallet. Adding multi-user capabilities allowed Bitcoin businesses to have what we’ve had in the banking world for years: joint accounts, multi-level transaction approvals, auditor account access, and more

[clgrissom3]

Block by omtest with his 18th for Kano! 

[clgrissom3]

And another Block!  This one by ST40 with his 9th for Kano!  

Suddenly we have 5 blocks today with an hour to go!  

[Sierra8561]

Bitgo wallet or should I say one wallet multiple users, Bitfinex  fell for this crap and pulled the coins out of cold storage!

Responding to needs of Bitcoin businesses, BitGo created the first multi-user 2-of-3 multi-signature wallet. Adding multi-user capabilities allowed Bitcoin businesses to have what we’ve had in the banking world for years: joint accounts, multi-level transaction approvals, auditor account access, and more

I believe coinbase has insurance for a situation like this.

[kano]

That one was another small block with no free txns in it coz it was only a 13 second network block.

[clgrissom3]

Looks like I did OK buying 1/2 coin last night @548. Hope the upward trend continues.

Three blocks today. We can do at least two more. Let's get going!! Blockssssssss!  

I went in for 3 - 1/2 coins at that level.  I started to do more but I restrained myself  

I believe when the panic about Bitfinex settles down we will jump back up to the 650 range again and we all should make about 125% on this situation!

[clgrissom3]

That one was another small block with no free txns in it coz it was only a 13 second network block.

The blocks are hitting a bit faster since the diff dropped 

[wmabern]

Looks like I did OK buying 1/2 coin last night @548. Hope the upward trend continues.

Three blocks today. We can do at least two more. Let's get going!! Blockssssssss! 

I went in for 3 - 1/2 coins at that level.  I started to do more but I restrained myself 

I believe when the panic about Bitfinex settles down we will jump back up to the 650 range again and we all should make about 1.25% on this situation!

Good job. Wish I had a little more to spare. If it dips again to ~550, I'll try to pick up another 1/2.

Great to see block #5. Can we make it SIX?? 

[traxor]

Bitgo wallet or should I say one wallet multiple users, Bitfinex  fell for this crap and pulled the coins out of cold storage!

Responding to needs of Bitcoin businesses, BitGo created the first multi-user 2-of-3 multi-signature wallet. Adding multi-user capabilities allowed Bitcoin businesses to have what we’ve had in the banking world for years: joint accounts, multi-level transaction approvals, auditor account access, and more

I believe coinbase has insurance for a situation like this.

Coinbase is a different animal with different regs.  No margin, no shorting, etc.  Plus, Coinbase must abide with U.S. law.

I wouldn't trust their insurance to cover BTC loss, but I suspect that it would cover USD loss for a limited amount.

Latest update from Finex says that the customers that lost coin are screwed.   

And, presumably, they are going to TRY and continue operations.  I cannot IMAGINE ANYONE EVER trading there anymore -- but, this isn't the first time the Finex has totally screwed their customers.  Me included.  Where is the "bang my head against the wall" emoticon???

[wmabern]

Bitgo wallet or should I say one wallet multiple users, Bitfinex  fell for this crap and pulled the coins out of cold storage!

Responding to needs of Bitcoin businesses, BitGo created the first multi-user 2-of-3 multi-signature wallet. Adding multi-user capabilities allowed Bitcoin businesses to have what we’ve had in the banking world for years: joint accounts, multi-level transaction approvals, auditor account access, and more

I believe coinbase has insurance for a situation like this.

Coinbase is a different animal with different regs.  No margin, no shorting, etc.  Plus, Coinbase must abide with U.S. law.

I wouldn't trust their insurance to cover BTC loss, but I suspect that it would cover USD loss for a limited amount.

Latest update from Finex says that the customers that lost coin are screwed.  

And, presumably, they are going to TRY and continue operations.  I cannot IMAGINE ANYONE EVER trading there anymore -- but, this isn't the first time the Finex has totally screwed their customers.  Me included.  Where is the "bang my head against the wall" emoticon???

I pulled my coins out of Coinbase about 5 days ago after installing Bitcoin Core. Now my coins ( and keys) are in my sole possession and backed up to 3 different locations. I guess if my house burns down I'll grab the cat, my girl, and my USB flash drive. Probably not in that order. LOL
I also get to help the network by running a full node 24/7. I may have to shut it down once in a while but for the most it will stay running.
Edit: It would nice if I got tx fees!