PC

crunchyeyeball

The UTXO input will just be one of the exchange's. The number they show as "yours" is just for the user interface. They won't actually hold separate UTXOs for each user. As for how this happened, there's not enough information here to make an educated guess: * How many people knew your friend held bitcoin? * Did your friend access the exchange through PC or phone, or both? * At the moment of the withdrawal, where was your friend, and did they have their phone with them?

Ruzhyo04

He doesn’t. GPUs haven’t mined Bitcoin since like 2015. And the last GPU miners all basically went extinct in 2022 when Ethereum upgraded to proof-of-stake. I wish there were something worthwhile to mine, it was great heating my house with my gaming PC in these cold winter months.

Educational-Form9390

ChatGPT, Grok, Claude all say the same thing. Had we connected and mined together Bitcoin was dead. It's not me saying so. Do you know the commands for setting up your PC to listen to a specific port? You have no clue and neither did we. We were not computer whizzes, we were low level soldiers from a support battalion, ammo guys, mechanics, supply, fuelers. Our success would have been Bitcoin's death. Luckily, I got 100 witnesses out there. I know this all sounds like complete made-up bullcrap but it is true and verifiable, if you find the members of Aco.

Educational-Form9390

There were no mining rigs then. Less than 35 people were mining non stop then, they mined on a simple PC. I thought millions of people were getting on Bitcoin. I had no idea this was a miniature project then. I was just desperate to mine. The fact that we failed is a miracle, and that saved Bitcoin.

BlownOutRectum

Put all that money into bitcoin. Itll pay its self back eventually, and when you're a millionaire you can just buy a new PC.

Educational-Form9390

We were going to get at a minimum 95% of the hashrate, and that was with only one PC per soldier.

Educational-Form9390

I've researched this very thoroughly. You are right in "more miners the better" but they cannot overwhelm the network. Anyone who controlled 51% of the hashrate had full control of Bitcoin and could do anything, to include burning coins, moving coins wherever, everything. That was Satoshi's biggest nightmare, for the network to become centralized. Bitcoin was dead had we done it. Had the network kept on going then the 100 of us would have eventually become the richest entity in history and by a lot, with possibly half of the total Bitcoin supply. And that is assuming we had just one PC per soldier.

Educational-Form9390

Because the full instructions on setting up the client properly were never posted ANYWHERE on the internet, not even at Bitcoin.org. The only place were those setup instructions were posted was on a very obscure and completely unknown cryptography mailing list, the one in which Satoshi published the white paper. While a few articles were published that Bitcoin was out they left out the setup instructions. I never mined because my PC was not 'listening' on Port 8333. To ensure a computer is listening requires opening up a terminal and typing some Linux-style commands. And that's what killed me and all of us. We were Aco 47th FSB, an Army unit based in Germany. I was in Iraq when Bitcoin came out though.

PlaneCat3427

So I'm guessing you did not use one of the known and safe crypto marketplaces to invest into this Defi project... 😩 Never had to make an external wallet/a software wallet on your own PC to be sent the other tokens? Is it a token that can be sold anywhere? That's a lot of money to lose.

JOATMON12

I was playing league on my PC and had totally given up on consoles in 2012, you and I lived very different lives lol.

EggMedical3514

I think it is very important just to learn how Bitcoin seeds and wallets work. Just go to Iancoleman.io/bip39/ and play around with it. Generate a 12 or 24 word seed phrase and look at the addresses that are derived. Then add a pass phrase and look how the addresses have changed.  Put the seed phrase into a sparrow wallet on your PC and see how the addresses it generates are the same as the derived addresses on the ian coleman website. Then repeat the process when an entirely different wallet on your PC. Blue, or electrum, etc. See how the addresses they generate are the same as the derived addresses on the ian coleman website. Then grab the "account extended public key" from the website and stick it into a sparrow wallet "watch-only" wallet on your PC and see how the addresses it generates are the same as the derived addresses on the website. Repeat the process with other wallets. ---- These little exercises will get you comfortable with seed phrases ad drive into you that Bitcoin and the blockchain are independent of the hardware or software that you are using. I wish someone had told me this stuff when I first started out. 

Reedey

It’s a mini PC. Cost about $300 to buy and that’s it.

TrevBTC36

The only decentralization that exists is to hold it in your wallet, the rest is a design to extract wealth from retail by bots, algorithms, maker markets, they cannot be matched with a PC and a mouse and on top of that they sell you metrics that you pay for believing you are exclusive, a lie!! They have access to information at the speed of light and even more so now with the rise of AI, traders only sell courses because they are in extinction and we already saw what Binance did on October 10, buying cold wallet and goodbye for 5 years is the only option for the poor

fudelnotze

For beginners i often recommend the Exodus-Wallet for PC (Linux, Win, Mac). Because its really easy to understand an the Website have tons of really goid help. Its well explained and theres a lot to learn.

Archophob

if you don't want to trust a hardware wallet, you can build your own cold wallet just using an old PC (no longer connected to the internet) and open source software (i'd recommand electrum) [https://electrum.readthedocs.io/en/latest/coldstorage.html](https://electrum.readthedocs.io/en/latest/coldstorage.html) If you recently bought a new PC because your old one doesn't run windows 11, this is an easy way to keep full control of your coins without trusting any hardware provider. The advantage of hardware wallets is, they need much less electricity than your old all-purpose PC, and if the company that built them did everything right (of if you flash them with a customized firmware), then they are even less likely to get attacked than you no-longer-connected old PC. If you use your old PC, the lazy way is to install electrum for windows, and the safe way is to wipe the hard drive and install linux first.

Reedey

I have my own Umbrel mini PC.

Hanzieoo

This is a bit harder than you make out for someone that only has one Hardware wallet. Couple of options, send you funds to an exchange. Wipe/reset the seed in the hardware wallet and send it back when you have new 12/24 words Or set up a second hardware wallet with new seed words and send it to there. Or lastly make a new wallet on a new Android phone in a new install of Blue wallet, send it there. Then reset your hardware wallet, and send it back. This would be the last resort and also works with Sparrow or Electrum on PC running a Hot wallet. It has some security drawbacks but is the cheapest and most private. Could be made more secure if you are running the PC wallets on a Tails.

Forymanarysanar

Bold of you to assume that I could have bought anything in 2010 aside from cheap icecream once a week with some change that my cheapass parents were generous enough to give me. Although, I suppose even $1 in bitcoins bought in 2010 would be some good amount today. Then again: it's not like I had a PC or internet access at all. Truth is, if you have spare money to just invest left and right, you will be just fine, btc investments or not.

halfwheeled

Serious note about the iMac. I’d steal electricity to do it and i know IT guys that run miners on their networks. I’d be worried that work could see the extra unauthorised PC on their network. I’d fix that by not connecting to the work network but run the miner PC with GSM SIM card network adapter to the phone network (make it untraceable).

EcosystemBuilder

Find an old PC, stat!

MoistGameplays

Been trying to figure out how to mine throughout the years, but had a hard time getting things to work via PC, and with asic machines, they're so expensive :(

cluster4

I would run home, boot my PC, dial up to the internet, wait, navigate to altavista.com and investigate whether the word backup can be written as “back-up”

WickedDeity

Ummmm No kidding. Why would anyone want to sell Bitcoin for gift cards? Do you also think Microsoft will remove the malware on your PC for payment via gift cards? Gift cards are not a currency! I have an idea buy Bitcoin with cash and stop playing life on hard mode.

qwertydcf

Its the same as 2020 before the crazy bullrun. PC ram,ssd,soon gpu shortage AI will go much bigger, this right now is not even close to the bubble pop. Everything is gonna explode> Crypto> GPU prices > everyone is panic buying a PC and Hardware, this will make Stocks and Crypto go pump even more. hf everyone

qwertydcf

Its the same as 2020 before the crazy bullrun. PC ram,ssd,soon gpu shortage AI will go much bigger, this right now is not even close to the bubble pop. Everything is gonna explode> Crypto> GPU prices ye hf everyone

Neon-Fun

Look for a PC to run it, after checking for viruses.

Neurodos

I would feel great because all I really care about is upgrading my PC.

bullythebutcher

Put it in immediately and give my PC aids in hopes of becoming a billionaire.

BenchConstant9328

Luckily I saved an old PC in mint condition.

Ok-Palpitation-74

Put it into an air-gapped (non-networked) Windows 98 or Windows 2000 PC and make sure it doesn't have a file called "autoexec.bat", and if it did, I would rename it and have a look at its contents. If the file format was unreadable, I would take it to an older Linux (Red hat) PC and have a good look at its contents. Once I was certain of the correct file format and that it was a safe enough disc to put in a more modern machine, I would make a few mirrored copies of it onto both thumb drives , hard discs, and the cloud and would work on determining the best way to proceed (from a technical perspective) Being as old as it clearly is, the likelihood that the disc would even be readable and contained any useful data is pretty slim... But... If it was.... After that I'll be figuring out how and IF even it's still even relevant and usable data... I'm guessing that the disc's contents would still need to be decrypted or at the very least would likely need to be loaded into a development platform or version of the original software Mr. Sakamoto developed up to that point, even if it contained valuable or even usable keys or information. I'm guessing "Seed" could refer to the original "seed capital" Sakamoto needed to develop what we now refer to as the "Blockchain", so figuring out what exactly this disc contained would be the next critical cryptogram to solve. 😂

Avalanche325

That is a job for a thrift store PC.

NorthernH3misphere

I’d buy an old PC from a pawn shop for as cheap as possible and check it out.

riscten

There's no need for multiple devices, unless you mean a hardware wallet + a phone or PC for watch-only and generating transactions. You don't need multiple hardware wallets.  The rest fits on a few metal plates and a single page document that can be printed, kept on the cloud, emailed, given to an inheritance lawyer, etc.  I think you're seeing this as more overwhelming than it actually is. The only part that's missing right now is a reliable dead-man's switch that aligns with Bitcoin's tenets (non-custodial, trustless, etc), but if you trust your heirs not to rob you while you're alive, it's really just a matter of explaining how your multisig is set up, where the mnemonics are, and most importantly, what to do with the money. Your biggest fear shouldn't be that your beneficiaries won't know how to access the coins, it's that they might just get the coins and trade it all for fiat. By being a bit more involved, multisig improves the chances that whoever accesses your coins will learn more about Bitcoin, and might decide to keep stacking.

No_Investigator3369

It keeps working though And is even easier than the vanguard funds. Plus, I don't want to buy the vanguard funds and feel like I'm buying every product on the shelf from Acme Inc. And somehow working directly or indirectly for Acme inc. this feels more homegrown and like the early days of PC's.

Realistic_Fee_00001

Old truely offline PC/laptop.

crunchyeyeball

So around 2018 the most popular *hardware* wallets were likely *Trezor* or *Ledger*. I was using (& still use) the Trezor "Model T" from around then. Prior to getting the Trezor though, I was using (to my shame) a *web* hosted wallet called blockchain.info (now blockchain.com). It used to be the most popular wallet around, and still was when I first started with bitcoin. It's since become, to put it mildly, *less reliable*, and I'm glad I moved to a *proper* wallet before running into some of the issues others have since had. In any case, you may want to check for any emails from blockchain.info / blockchain.com. I have limited experience with *software* wallets, but I think *Electrum* or *Exodus* were popular back then (desktop PC), or possibly *Mycelium* or *Jaxx* (mobile phone). In terms of *exchanges* (presumably your cousin must have sold some bitcoin at some point for rent & groceries), I've been using Kraken since 2013, but I don't think it was ever the most popular - that would likely be Coinbase or Binance, with several others possible options. Lot's of people leave large amounts on the exchange itself, even though it's risky, and very much against the spirit of bitcoin. The link [here](https://coinmarketcap.com/rankings/exchanges/) shows the current exchanges by popularity, so there may be some names to search for in your cousin's emails or web history if you can access it.

karbonator

It is possible that if he was an OG Bitcoiner, some portion of it is in Bitcoin Core on his PC. The bulk of it is likely on a hardware wallet which depending on the model is maybe a little bigger than a flash drive, and should be locked away in a safe or something. Unfortunately for you, it'll be protected by a PIN or password. Hopefully his seed phrase is in that same safe - it'll be 12-24 words. Since this has been several years it's also possible he had it in a paper wallet. In this case it could be handwritten or printed, and there were a couple different formats people used but you'll know that's what it is by finding seemingly random strings of characters. You'll need to look at some examples online to figure out what format he used and what is the private key. Just a tip: if he was ever into 3D printing, it's a somewhat-common trick to embed your secrets in a print.

nomoney110

I'm picturing a $100 portfolio trader sitting in front of his PC, staring at the minute chart, hovering his mouse over the sell button at every little dip. Get out of here!

flying-fox200

An air-gapped Linux PC 😎 Only if you know what you're doing though... It gives you total control over every aspect of how you generate your addresses. It's also a pain for signing transactions, so will definitely reduce your temptation to sell!

Full_Possibility7983

Depending on your hardware it might take from few hours (very fast machines) to a couple of weeks (Raspberry Pi, been there, done that). Most likely 2-3 days on an ordinary PC. Just be patient. Also, totally beyond the sterile arguments Core or not-Core, in order to do your part, remember that it is not enough to run your own node, you need to use it actively to take economic decisions, you need to connect your wallets to it, your LN node, or whatever you want to run on top of it. Not relying on third parties for knowing the status of the network is the real contribution you can give.

wh977oqej9

Yes, programing your own on the offline PC, running your own OS; then rolling a dice to obtain seed phrase :-))

EstimateIll4262

Have a Chase PC account. But never use it. The brokerage side is trash as well.

tallguyclark

It’s not on sale, but it’s only $99… OneKey Classic. It’s pretty nice for the price point. Works with PC and Mobile and is easy to use.

krasserfcker

They are for those, who think it is too complicated to buy BTC, hold in a wallet, etc. For you as a native, it might be easy, but there are people who took years to learn turning on their PC or use their smartphone. So this is a way to ramp-up people, who don't wanna learn that new 'stuff'.

Hanzieoo

Heaps of guides in here in the menu. https://armantheparman.com/ and it is a valid way to make keys. Been playing with some thing similar. But one mistake now or in the future can expose your keys. Just be measured and carefully. I have a mate into that sort of DIY key management as his only storage method. And one day he passes me a USB to use for a thing and use it in my dirty windows PC. It ended up being the one containing his keys he handed me accidentally and it was a huge OPSEC breach for him and a huge PITA for him to rebuild/resucure it. It was fine and there was no loss but something to think about. A Cold card or Trezor is a really solid choice.

Antique-Worth323

of course there’s a place for crypto, it’s the future. Im only saying the bullrun is over and we’re not going to see the blowoff tops like we used to. Hashrate is dependent upon the PC. TPS is what matters.

BaldBear_13

I am in the same boat as you, except that I did read the FAQs, and you are in for a ride. You need to work through "middlemen" (wallets and exchanges), or you have to dedicate a PC in your home to act as a full-blown node of bitcoin network. Some middlemen are scams, some are not secure enough to protect you from hackers, some might go out of business and you need BIC39 12-word phrase (or a string of 64 random characters) to "transfer your account" to another one. And if you lose the phrase or 64-character string, you'll never get your money. There is no number to call, and your SSN will not get you anywhere. But if you store that phrase or string in the cloud or on device with internet, they will get hacked and you will still lose your money. So you gotta store the 12-word phrase on a piece of paper, or a dedicated offline device, or have it engraved onto a metal plate.

DankShibe

I just bought some PC parts and a new phone with some sats and BNB a few weeks ago and that was it. But that wasn’t a big cash out.

WeWuzSatoshis

Buying a PC is dumb as fuck.

BaldBear_13

> Practice restoring from backup. Restoring the wallet from backup? that makes sense. Can I just install same software wallet on a different PC? Or it has to be a unique device?

IM-PT24

Nice. I have a old Windows mini PC where I will run Bitcoin Knot. Still thinking about using Windows or any type of Linux OS. I just have to get a 2TB HDD USB drive. After the first sync it should be fast enough. How much was the mini PC, BTW?

SpaceExploration770

Nice! I ordered my mini PC and will have my own soon too.

bongosformongos

And that kids, is why you don't buy a fucking glass table for your PC...

little_einschtein

I’m taking a piss at BTC hoarders. One guy bought at $124k and have been holding to date. U people need to learn how to TP or your losses Jesus Christ. Another guy burst his account and smashed his PC setup. Another guy took his life. So yeah for some it is over. Unironically. Yall are the exact reason why some people do NOT have a trading strategy. Chucking and praying is not a strategy ffs. Anyway take your upvote and have fun with your circle jerk. Same group of people who scoffed at the idea that BTC was gonna dip further than 100k.

Audixieboy37

Patience! Like years https://youtube.com/shorts/rH-Vki-PC50?si=p-qhtQ48jjq2xdHJ

Brapplezz

I mined BTC with my shitty PC in 2011, which got stolen woo. If you were interested in Crypto then I'd hope you don't ramble about it everywhere. Though why so scared ?

Audixieboy37

Simple... dca and always buy. Turn up when down and lower amount when up! Went from peasant to kinda wealthy. https://youtube.com/shorts/rH-Vki-PC50?si=kdB5mHBzvA91ppUv

Audixieboy37

Yup, the newbs live in fear like I/we use to. 100% know this will be up. Most everything will be up. I know that. I just dont know when. why dca is the only option for me https://youtube.com/shorts/rH-Vki-PC50?si=l3oqbTJv6YWuww0V

Audixieboy37

Its a good start. No one jumps in 500 a month in anything starting out. 100 now is like somone doing 200 at highs! https://youtube.com/shorts/rH-Vki-PC50?si=KW70AzY_ByHmSRmU

Audixieboy37

https://youtube.com/shorts/rH-Vki-PC50?si=kT4fIBqG0xDrk7h6

Audixieboy37

Made this for anyone worried https://youtube.com/shorts/rH-Vki-PC50?si=vPw3qDxNEIblHOBE

Decent_Taro_2358

You find the hard drive, you plug it into a PC and find a wallet.dat file. You open it using Bitcoin Core. You send the 500 BTC to Coinbase and convert it to USD, then send it to your bank account. Enjoy your paper money fast enough before it is being diluted by governments printing trillions.

genius_retard

Neat, thanks. Can't seem to find it on the mobile page. Work on PC though.

Zarigis

Rabby for DeFi, mobile and PC. Cow swap for trades. Uniswap for providing liquidity.

pigeonwiggle

yeah, it's like when the power goes out while you're gaming, and the computer shuts down - you're out of your game. but when the power comes back on, you're not still in your game - you gotta reboot the PC, reload the game. reconnect to servers... it takes time. 2028 might be okay.

JumpProfessional3372

The news could be totally fake. But in 2011 a lot of people (at least people that just had 1 gaming PC) were mining in pools like Deepbits, Slush Pools, Btcmine, etc.

PoisonWaffle3

I got in at around $2 actually, but I was a broke college kid and didn't have any real money to invest in it. I just held on to some of what I mined on my gaming PC at the time. I mined on two mid range GPUs and a quad core CPU, ended up with about 5 BTC by the end of 2011. I've bought and sold over the years (selling at the peaks of cycles, buying back in at the bottom), and in general have done pretty dang well with it. The plan is to retire in about five years around age 40, and to travel the world with my wife to find a nice place to settle down. Probably somewhere with a beach and/or a view.

Technical-Wallaby

I set up a Knots node on a PC using UmbrelOS. I pointed four of my ASIC miners at a public pool instance on the node, and I noticed that none of them had a decent difficulty. Previously, on CKPool, one of them, a little Supra, had about 1.5 G of difficulty.

Beneficial_Poet_7983

OK, take the HDD out of the computer, get a cheap SATA/USB cable (from amazon or elsewhere) and then attach the drive to another computer. Then try to access the drive directly, this 'should' work. [https://www.amazon.co.uk/Wowfast-Adapter-Compatible-Windows-Support/dp/B0F53GS7H9/](https://www.amazon.co.uk/Wowfast-Adapter-Compatible-Windows-Support/dp/B0F53GS7H9/) You will likely need a powered one in its a 3.5" PC drive, as above. Best of luck.

Familyinalicante

You need Bitcoin core running in the background. Armory connects to it. If you have a valid key and armory connect to the core successfully you need to wait days for the core to sync Blockchain and then it needs to process data again to show you the exact amount of btc in your wallet, only after that. It can take a week or so on PC with HDD. Use SSD for this to cut the time considerably. Btc core needs to be propably an old version of 0.9 to 0.20 but armory developer claimed (10y ago...) armory should connect to any core version. Just saying that to let you know about this detail. Don't answer any DM.

JenOfTheJenJen

I also mined at least 0.01 BTC back then, I’d give anything to find that PC with the wallet on it! 😂

Aussiehash

It is unlikely that you mined 1/3 of a Bitcoin with a PC on 2014, ASICs were widespread by then from BFL to Sushi's Antmimers. Try Goatpig's fork of Armory

Beneficial_Poet_7983

What I should have said, is 'don't run SETI' Years ago when I had access to thousands of computers, I rolled out a new windows 95 build (yes that long ago), at the time SETI was a popular client to run on PC's. You know where this is going. Well, we put a hidden SETI client on the build, for lols. We did quite well burning through thousands of SETI units. It's a great pity that the Bitcoin mining client was not around at the time. ;-)

5pairs

Copper is very good for computers. I assume gold is the same story? What if a Nickel computer is created? Zinc even? I just learned what a rechargeable battery is. If PC’s are made to be solar charged and mobile (like living in a car but still able to game), would that make less “money” and more Bitcoin/Doge?

inadyttap

Took some profits from XMR and bought myself a gift. 

Illustrious_Ant_9242

As far as I remember, a high end dual GPU PC might have achieved that

HourAudience6760

> If I ever came across 12 random words or a long string of characters resembling a private key I'd run straight to my PC and see what it leads to lol Good luck explaining it to your tax authorities.

thisthatandtheother4

If gold has no value, how come it is needed in your PC for you to mine bitcoin? Gold is infinitely more valuable than bitcoin. No one needs bitcoin. There’s literally no real value… and look at how much energy it takes for one transaction… shitcoin!

ItchyK

It really doesn't matter to me, I'm a PC player, so I won't be able to play the game for a whole another year after whatever the new release date is. But yeah, this is the only game I'm even remotely interested in right now.

EggMedical3514

For mobile? for PC?

RetiredAvocado

Website is never a wallet. Get a well known wallet for your phone or PC. Learn how to back it up, how to restore it, how to use it, and how to stay secure. NEVER share the backup for any reason. Whatever you made on somewebsite.com can't be trusted.

RetiredAvocado

Won't trust a special purpose secure device but will trust the whole PC or phone OS and ALL the malware on it. K. The "precautions" and "safer alternative" is buy a Trezor and learn how to use it.

JohnnyStrides

I think it's dumb to keep your private keys / seed phrase all in one spot. If I ever came across 12 random words or a long string of character resembling a private key I'd run straight to my PC and see what it leads to lol. If they were split up I'd have to go on a treasure hunt to find the rest of them and that would probably make the entire thing not worth it. I can't think of anything more insecure than physically having them written down all in one place, even if it's somewhere "safe".

aardbeg

Keeping the keys to $345M on a PC with no backup? Nobody can be that stupid.

whathiron

Oh you can definitely do both man. I mean I will get myself good shit but still live like I’m homeless and keep stacking. I ain’t going out buying seventeen sports cars I have no place for people who flash wealth, especially from bitcoin. So I get quiet luxuries for myself like build a PC with the highest end components, personal things I enjoy. Bought a 21’ cruiser in the summer for use on the Great Lakes at our lake house but it’s not something I advertise or post pictures of, for example. Like I said, quiet luxuries. Still driving that boat in ripped PJs and grocery store sunnies, though.

Obvireal

For most cold storages, you must have a PC, some work with phones, some do transactions by themselves but those are expensive. YouTube will show you how this works. With the hardware device you can access the wallet and with the 24 words it generates you can also access the wallet. When you first set up a wallet, practice first. Do test transactions, test your written down seed phrase. Don’t store the seed phrase online or on your phone or in a computer file. Write the phrase on a piece of paper and then later on when you get more serious you should stamp it onto titanium. I also change my wallets every few years and keep decoy wallets for safety.

wh977oqej9

Yesterday. Cold wallet could be free of charge. You just need old phone or PC and some knowledge.

BankPsychological883

Mine is on a PC, and I just have a tab that's always open to it. Runs for weeks sometimes before having to refresh it.

CounterStrikeENJOY

That conviction is usually a barrier to the funds. For example being unable to access the wallet (prison etc) or thinking it was lost (PC in attic, forgot you bought any, thought you had none left) and so on

CrosstrekTrail

I don’t watch any BTC podcasts anymore But I remember the Start9 guy being on multiple podcasts to talk about all of its capabilities. The website (from what I remember) also touts the server capabilities as well. My point is that if someone wants a dedicated node, or wants a faster access cloud server, it might be better to consider something else. Would be cheaper to by a dedicated node. Or make one out of a Mini PC, Mac Mini, or build a custom device.

Ok_Option_3

I mean you have a chance using just your PC. A very very very very... tiny chance.

UnluckyAd8985

Thank you for the reply. And you have considered how much more capable modern GPUs are? I don't know enough about them, I could look up specs, but public specs wouldn't tell me raw hashing power, I'd probably have to know some physics and mathematics to get a probable answer. Then getting public estimates of the number of GPU's might be tough, too. I suppose you could go into some of NVIDIA public disclosures of earnings and deduct a decent guess. But again, a bit above my pay grade. I agree with you that a short lived 51 percent attack would not be a terminal problem. However, a constant dominant presence, a hasher that could do what bitcoin farms have done to your own PC's CPU, would clearly centralize the protocol, and take away two of its most cherished qualities, decentralization, and uh, oh what's the other one--censorship resistance, that's it. And with censorship resistance gone, then I suppose pseudo-anonymity . Well, %uck it, is was psuedo from the beginning. Everyone knew better...Cheers again.

Motor_Taro6692

I dumped a PC once, because i did some bad shit. 800btc inclusive, was arround 360€, at that time. Let that sink..

Indi_Cat123

Why the fuck would you use a hot wallet (PC/Phone app) instead of getting a cold wallet. You're gambling with your fucking keys when ever there's an internet connection on said device. Also you don't have to use your keys at all, if ever, unless you're recovering your crypto after losing/breaking say a cold wallet USB.

NerdQMin

I am always for cold wallets. No connection to the PC (no susceptibility to Trojans), no connection to the Internet. This is the safest place to store your coins. Hardware wallets require a USB connection and are very secure. Cold wallets are the safest option. But it also costs a little more.

tmcnix

Limited my node and Silk Road user quantities to the US cause I’d only be thrifting in the US. Totally agree they could be using a 2008 computer… typical computer lifespans are 3-5 years so expand the range to be 2005-2013 computers. No the denominator is 180,000,000… so one in 15,000 instead of 1 in 5000… still not awful. I wonder if you could create “behavioral profile” for the most probable make, model, and years of computer for a Silk Road purchaser. Do individual with greater risk tolerance and criminal proclivities have a bias to PC over Mac and they like the color black. How could we narrow down the search pool?

Raccoon_Expert_69

I know that the bystanders are sitting around dunking on age so let me tell you I’ve been in Crypto for 13 years. This sub Reddit is a very pro hardware wallet area. I’m very much against them because they have a proven track record of being a single point of failure. Using a back up seed phrase on a secure physical object, like paper or metal is the safest way. Let me share some of the issues I’ve come across regarding people and their hardware wallets: 1. Someone had infected malware on their PC that intercepted the handshake on connection of hardware wallet. 2. Someone’s button stopped working, and when they opened it up to repair it, they shorted out the memory chip and lost everything. 3. Someone got their hardware wallet and password/phrase stolen while on vacation. 4. Someone got caught in the rain and the device shorted out. In these instances, it was all based around the physicality of the device. Remember, you are choosing to store all of your savings on some thing that can be broken in many different ways and even physically stolen. Then there are the external forces around owning and using hardware wallets that I am just not down with: 1. User data has been compromised multiple times by a hack on one of the top hardware wallet makers. They got names and email addresses and any information that they user had on the site. There was then a coordinated campaign to phish these people. Scores of people fell for it and ended up losing everything on their hardware, wallets and web wallets. 2. If you don’t buy directly from the manufacturer than you are risking purchasing a compromised device with a hidden back door, that can be triggered at any time. There are even websites set up to look like the authentic ones in hopes that you will buy one of their compromised devices. There are many stories of someone purchasing a trezor off of Amazon or eBay only to find that it had been tampered with. Anyways, it’s your life do what you want

daedelus82

If it breaks? You should have backed up your seed phrase somewhere securely, which you can load onto a new ledger/trezor, or even a software wallet in an emergency. A hardware wallet helps keep your seed phrase safe, it also helps to keep your seed phrase and funds safe should your PC be compromised. I suggest you find some YouTube videos about what a hardware wallet is and how it works, and don’t trust this “friend”.

zenecence

How would you print it? If it goes through a internet connected PC then "they" will see it... Or are "they" in your head ..? I am confused.

Aussiehash

If using a hardware wallet, your mnemonic seed must never exist in digital form outside of your hardware wallet, which means you can't enter in into your PC to print