PC

MaximumStudent1839

Yeah, cheating is killing the player base on PC.

Skiracer87

Crypto is by far the number one way to make money. You just need to be smart about it and invest in projects that have a great deal of value but are simply undervalued. The Warren Buffet principle holds true in crypto as long as you know what to look for. Bitcoin is the leading proof of work layer 1. Will it stand the test of time? Maybe, but other proof of work layer 1 blockchains with superior tech will surely take a piece of its market share as crypto adoption grows. The key with crypto as with any industry is to envision where we’ll be in five years and work backwards. Yahoo was the leading search engine for years before Google came about. Things happen when you least expect them to. Apple computers used to be dismissed by the mainstream as a computer for artists. If you wanted to do something professional, the PC reigned supreme. Remember what is in today will be gone tomorrow. The static nature of the present moment is an illusion. The world is evolving quicker than we can even think. Crypto will replace fiat currency as we know it within ten years. The next few years are gonna be pretty wild.

Kelticwarrior00

I've lost everything. Repo are here as I type this taking my belongings. They said I'm out on the street. Shit he reaching to unplug the PC as I type thi

No-Coffee3807

Yes, it's my mishap for leaving my coins on Coinbase, I wasn't negligence. I followed protocol However, I do have 2FA, and google authenticator. In addition, I do not use PC/laptop to access my account. In fact, Coinabse stated they can see the hacker used a laptop, IP address, and the location of which the hacking took place, and since they were able to access my account they're not responsible.  Is there any reputable attorney that can help me litigate without charging 1/3 of my account???????

mcfool123

I mean you are the one leaving coin on an Exchange, negligence one. Two, you are saying that they can see everything about the breach. That means that the account was breached and used elsewhere, again this would be negligence on you for not securing the account enough. Now if you had 2FA configured and the "hacker" was able to access the account, this would be the closest that we can put negligence on CoinBase but even then it could be a breach on your PC/Phone and browser tokens were stolen which leads back to negligence on your part. You explain nothing about the level of your account security and just blame coinbase. To me it really sounds like you were at fault and the root issue is that you left your coins on somthing that you do not manage.

CletusVanDayum

The simple answer is that it's up to the validators. The long answer is that mining nodes invest considerable capital into hardware and electricity and that various mining pools know how much BTC they need to earn in order to break even. When a miner proposes a new block, it's the result of considerable computing power and it's not possible to shortcut generating a new block. Validators have it comparatively easy. An average PC can do it and can do it very fast. Once enough validating nodes accept the new block it becomes part of the blockchain and all the next blocks include a validation of previous blocks. If miners try to force a change to the rules (say, increasing the number of bitcoins to 50 million), validators can easily say "no" and reject the invalid blocks. And the miners who proposed the invalid blocks are going to start losing money, fast, unless they play by the established rules.

swiftpwns

Quantum computes are the 21st century version of flying cars. It won't happen. It wont be what you think it will be. It wont solve universes mysteries. It wont crack bitcoin. It wont replace your gaming PC. It might be used for better randomness generation, in 50 years.

JonBoy82

Isn’t it in early access? It’s ass on PC but Xbox has it as an early access title you can sign up to play. Optimized compared to PC but there’s nothing to grind since they give you all the kits right off the bat.

Illustrious-Ice6336

So you know your PC is old and bad yet you blame the product.

BTCMachineElf

You need 3 things; money, an exchange account, and a wallet. Since you already have some bitcoin, you must already have an exchange account. But guessing by your level of knowledge, you likely don't have a proper wallet. If you do need an exchange, and are located in the US, sign up for the Strike app. It's solid. Wallets should be; Open source bitcoin-centric (not shitcoin) mobile apps or hardware devices. Not PC apps, as PCs are not secure. Start with Green Wallet from Blockstream. You'll find it in the app store for your phone. Create a new wallet, and you'll be asked to write down 12 or 24 words. This is your private key, a very large number (in word form for your convenience) that is unique in the universe. Write it on paper, no photos, no digital copies. Hackers cannot steal what isn't digital. When you get to a few thousand $ worth, buy a hardware wallet. Jade from Blockstream or ColdCard from CoinKite are my recommendations. Then just buy what you can comfortably afford on the exchange, and withdraw it to your wallet in not-small chucks (if you're buying $20 at a time, wait until you have a couple hundred dollars or so before withdrawing.. this is to minimize loss via future transaction fees). Keep track of the price on a site like [bitbo.io](http://bitbo.io) Ask any questions you have in r/bitcoinbeginners And get ready to have your attitudes towards saving and your future shift dramatically. Bitcoin is hope.

BobJutsu

I’ve made millions. *If* by “made” you mean “would have made”. It makes me sick to think I spent hundreds of bitcoins on silkroad in 2011ish. I know for a fact that I have at least a couple random BTC in a wallet on an old PC that went to the recycler more than a decade ago.

hk175

Guys enough with all the DYOR crap. There's no such thing 😂 When I see these words I imagine someone burried in books and papers, with a PC, a laptop, a tab and his phone and everything that has a screen, analyzing charts and graphs. Studying "projects", reading whitepapers, researching the developers team, and stalking their socials. Digging through their past employers and history. A background check on each and every one of the projects members lol give me a break. THIS IS A GET RICH QUICK SCHEME

Blooberino

The article makes it seem like you need a persons physical devices to transfer crypto. Like, what, you seized his phone and PC and they dusted off their hands and said "case closed"?

penty

I didn't see it @ $5 either. My first buys were in the $100/BTC range when I could buy in a way that didn't seem quite a shady and PC mining wasn't useful anyone. (Of course like anyone I regret not being sooner, like why didn't I mine when I could my PC? Stupid me didn't want to run my 'gaming PC.. but a week would have gotten me 100+ coins. D'oh.) Bitcoin makes you feel like a rebel genius AND an idiot all at the same time!

liflafthethird

I bought a coldcard the other day because of the airgap feature and the duress pin. Gives me more peace of mind allthough I wouldn't worry that much about it. If you have an old computer, maybe install it with a linux distro and only use it for your bitbox02? Not airgapped but more secure than using your regular PC. Especially if you have illegal software on it.

MinimalGravitas

> Average "solo miners" certainly find a block less than every 5 months. How much do you need to spend to on average create your own Bitcoin block twice a year? > the beauty of PoW is that it doesn't matter how much coin you already have, you can't exert more control over the network Except that 'coin' is obviously exchangeable for ASICs, so you can abstract all of that away. The richer you are the more ASICs you can buy and so the more BTC you can mine, just like Proof of Stake where the richer you are the more ETH you can buy and so the more you can stake. And that's not even accounting for the fact that PoW mining benefits from economies of scale, so if you are wealthy enough move and buy land to to set up a facility somewhere with cheap power then you can earn much higher rate of returns than someone without the initial capital to do so. With PoS, everyone gets basically the same rate of return. > unless you're actually willing to do the work You realize that PoW doesn't involve much actual 'work' right? I used to mine back when GPUs were still viable, and it literally involved plugging them in and running a program... no more work than upgrading a PC. From a human perspective, PoW just requires money. > This is the difference between a plutocracy and a meritocracy... What 'meritocracy' are you referring to? Being rich enough to pay for a lot on an industrial estate, buy some hardware from China and then employ some engineer to plug it all in for you is not really a great measure of 'merit'...

crunchyeyeball

> I am using the header info for BTC block 277316. Where do I get the message length for this block? Is it the tx_count, size or weight? None of the above. The message length is just the number of *bits* (before appending the first "1" for the padding). SHA256 is an industry standard hashing algorithm. It doesn't care what data you're hashing - it might be a bitcoin block header, it might be a website password, it might be a random file on your PC. There's a good explanation here: https://medium.com/bootdotdev/how-sha-2-works-step-by-step-sha-256-90ecd4f09e4d mempool.space has a useful option to get the block header. e.g. to get the header of block 277316, go to the url: https://mempool.space/api/block/0000000000000001b6b9a13b095e96db41c4a928b97ef2d944a9b31b2cc7bdc4/header ...which gives (hex): 0200000069054f28 012b4474caa9e821 102655cc74037c41 5ad2bba702000000 000000002ecfc74c eb512c5055bcff7e 57735f7323c32f8b bb48f5e96307e526 8c001cc93a09be52 0ca3031988261c37 After hashing this with SHA256 *twice*, you should get (hex): c4bdc72c1bb3a944 d9f27eb928a9c441 db965e093ba1b9b6 0100000000000000 ...which can be confirmed here: https://emn178.github.io/online-tools/double_sha256.html ..and this is the correct hash (in reverse byte order because big/little endian is always a pain).

Hungry-Class9806

I am not really sure if motherboard or electronics manufacturers still use gold in their components (and I am very into PC gaming so it's something I feel comfortable talking about). Gold doesn't conduct electricity as well as copper and silver, it's more expensive and less malleable.

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dasmonty

PC could be compromised.

middlemangv

Well, maybe one day, when I buy some "strong" PC, with good specs. I'm really glad that crypto games are getting better and better. Until the game becomes fun without crypto, it doesn't matter that there is crypto involved.

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senlek

re:"Why does the pc software always want me to enter the passphrase on the PC?" I don't know about the new Safe 3/5 models; but the older Model One needed the passphrase to be entered on Trezor Suite; while the Model T had the choice of that or entering on the device itself. This latter option is more difficult; but also more secure. (keyloggers). I use long passphrases; I won't enter them on a computer. I now use Jade and BitBox 02 devices. I use them both on Sparrow Wallet which might provide an extra layer of security. The Jade took some getting used to. The lever arm seemed finicky; but once I got used to it, it provides a relatively quick means of entering long passphrases. The only faster method would be a full digital keypad. Coldcard Q has this; but I don't have one. Keystone also has one; but for some reason it requires double entry of passphrase each time; so that's too much for me. I don't use my Trezor Model T any more; any will likely not get another Trezor device. The default 20 word seed phrase SLIP39 feature is, AFAIK, only used by Trezor; so that's not something I'm comfortable with. I'm not expert, but ... re: 12 vs 24 word seed phrases, I use both. But (also AFAIK) the entropy of a passphrase is not affected by the choice of seed phrase. i.e. the same strong passphrase would have the same entropy on a 12 or 24 word seed phrase. So if only a small amount of BTC is kept on the standard wallet, and the majority on passphrase-protected wallet(s) then I'm good with that. For passphrase strength: https://www.youtube.com/watch?v=nhjq_1J0EbU

Amber_Sam

>Why can the pc software update the hw firmware without confirmation on the hw? This is a feature, not a bug. This way no bad actor, including the manufacturer, can't push an update without your permission. >Why does the pc software always want me to enter the passphrase on the PC? So not everything is entered just into the device itself, I guess. >Why does the pc software try to dissuade users from the "normal" 24 word seed? These are displayed as legacy option. Because adding a passphrase is safer, IMHO.

Accomplished_Swan628

On PC only the bitcoin payment option should up, I payed myself on mobile using apple pay. I scammed the scammer

Omg_Shut_the_fuck_up

Ofcourse there was newer tech. It was a college course. We were using piles of old PC parts to learn how to build and setup machines. Our tutor was a big fan of BTC and so we just had stacks of the things in class setup as mining rigs. I remember it being relatively successful as there were piles of them and they were running for a year solid basically. Before they ended up in landfill of course.

Archophob

get a wallet. Not your keys, not your coins. To explain a bit further: bitcoin is suposed to be a trustless system. You are in full control of BTC in your own wallet, if you want to spend it on something or donate to someone, you sign the transaction and it gets broadcasted into the network. As long as your BTC sit on the exchange where you bought it, you need to trust the company running that exchange, just as you trust your bank to keep care of your account. With cash, it's obvious: you have total control over the dollar bills in your wallet. You don't have total control over your bank account, escpacially in case your bank goes bankrupt. With bitcoin, it's exactly the same. The difference is, banks are more strictly regulated than crypto exchanges, so bank customers losing all access to their accounts is more rare than FTX or MtGox style events in the crypto space. The difference between hot wallets and cold wallets is, a hot wallet is what you carry on yourself all the time, and a cold wallet is what you store in the safe at home. Just as you can get mugged on the street while carrying some thousand bucks, you can get malware on the PC with your hot wallet. Thus, an exchange account on coinbase or kraken is where you buy, sell and speculate, a hot wallet on your PC is where you can have some cash for direct "buy for bitcoin" purchases, and a cold wallet is for store-of-value purposes.

wh977oqej9

Old offline PC with newest Linux + Sparrow wallet in cold mode. Linux and Sparrow installation checked for PGP signatures before.

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TheRealGaycob

The people I talk to on a day to day have a fucking scooby about how to use a PC to do their job trust them to buy a sketchy wallet or get scammed. This is why big investment money has had to come in and buy up fucking billions worth on BTC as of recent to keep the BTC ball rolling because the powers that be have realized that the average person ain't gonna just ape into Bitcoin given what's happened to it image wise. Too many people have been burned.

brando2131

Some milestones if you want to go further: - Run Bitcoin core (bitcoind) on the CLI instead of the GUI application. - Run Bitcoin on a dedicated (24/7) PC, you can managed it via SSH, which is why you'd want to try running it via CLI first. - Run an electrum server (like electrs or fulcrum), this allows you to connect many wallets like Electrum, Sparrow or Specter wallet on PC, or Android wallets like Bluewallet or Nunchuk when you're connected over WiFi from your phone.

coinfeeds-bot

tldr; Ubisoft announced the release of 'Champions Tactics: Grimoria Chronicles,' its first original blockchain game, set for October 23. The tactical PC role-playing game will launch on the Oasys Home Verse network, featuring 75,000 Champion NFTs for player-versus-player battles in a dark fantasy setting. The game includes a crafting system called The Forge. Ubisoft aims to integrate Web3 technology seamlessly, focusing on immersive gameplay. The development team includes veterans from major Ubisoft franchises. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

AverageBitcoiner

You are correct, the first pools didn't start until late 2010 maybe i got the date wrong. I took a Big L a few times on the Corn. I remember because I was deployed in a certain part of the world at that time. Within a 2 year window of 09-11. Also having a crappy Macbook and begging my roommate to let me use their PC to mine because they were only using it to play WoW. I have a few of those stories. Dont remember the specific pool but they had grown to the point where they didnt want to control to much of the Hash to influence the network. I gain nothing by saying how much I lost just fun to remember the times. I also fell asleep reading the Internet of Money on a Train in Paris when it came out. But if you want to Carmen San Diego my ass then so be it.

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Archophob

parents would cry "electricity costs!" just by seeing the LEDs on the PC shining, even after you turnt of the monitor. My mom is in her 80ies and to this day feels uncomfortable having the internet router running at night. Simply, because before VOIP, her telephone didn't need lights.

Shahzadquraishi

The cost of running the PC all day still counts as electricity cost... Not my fault if you don't understand that... Lol 😂. I agree it had no guaranteed value n therefore I didn't even want an extra $5 monthly increase in electric bill as a broke college student. Hopefully you made it big in Bitcoin!

root88

And if you are salaried that means 24/7. And even if not, if you sent an email about it during working hours, used a work PC to mine BTC, posted on a message base about it, they have a claim. They also have a million times the lawyer power over any employee.

Sweet-Summer-9772

if I'm in your position right now I will install all related software (OS, libraries, Bitcoin Core etc) with the same release of your wallet version (2011). I'll refactore related Bitcoin Core (version 0.3.24) codes to be vulnerable against padding oracle and timing attack. utilize existing OpenSSL exploit (that was released around 2011). when the build success activate the RPC (bind 0.0.0.0) in your bitcoin.conf file. prepase another laptop or PC, install it with BlackArch Linux. utilize this laptop to perform padding oracle & timing attack against the PC where your bitcoin node deployed. this approach required intermediate skill in the field of software engineering and pentesting. if you don't have any experience at all it will be take time to learn this approach. 

AstroRoverToday

Well said! The only example in the fiat world that comes close is the PC industry. They keep getting better and better for less and less each year. I guess this concept would be applied to every sector in a world where the money supply isn’t increasing.

yoobermcruber

And they could even use their seed phrase to restore their wallet using a software wallet on a smartphone or PC if they are 100% their smartphone or PC is not infected with a virus/malware.

Generic_Globe

You can change your PC setup and maybe car

Obvireal

I use a trezor hardware wallet and store my seed on titanium. You’ll need a PC

Lega17

id love to have his laptop or PC, lol

reversenotation

100% but also PC components have a finite life and wear from running full throttle 24\7 will shorten their lifespan, which again undermines the benefits over costs

Zopheus_

https://www.msn.com/en-us/money/technology/hbo-exposes-the-identity-of-bitcoin-creator-satoshi-nakamoto/ar-AA1rF7Ul?ocid=emmx-mmx-feeds&PC=EMMX01

Dettol-tasting-menu

Congrats! 0.1 is nothings to sneeze at. Hope you could HODL for real this time. And I hope your PC was great (it’d better be great!)

Kekkins

Vertcoin has already existed since 2014 which you can do mining with your PC using a stupid and simply software called One-ClickMiner while playing a game without fps drops...unfortunately no one remembers it but it still exists and it's still working...there is no need for these new gurus...they are reinventing what already exists...

pakovm

From my own experience the most important here is chainstate since that's the most computational KY expensive thing to calculate there, with a copy of the chainstate doing the IBD would take as long as your internet needs to instead of as long as your PC can calculate the UTXO set. Just info for those who want to have a full and a pruned node but don't want to go through the whole process two times ;)

ZealousidealLie9249

You just wasted 0,0000001 usd on Internet, electricity and wear & tear on your PC writing that comment. Could've gotten sats instead.

KioCosta

I didn't know it was much faster on a decent PC. I am using an external SSD on the Pi, I guess I will disconnect it from the Pi and use my desktop to download the blockchain. Once it is finished, I will let it run on the Pi. I guess this should speed things up then...

m2nato

I personally think in 2030-2040 BTC will be worth $1m, simply because crypto mining will become as popular as gaming, so trillions will go into the "crypto" industry. It will simply become spend $3-5k on a PC with multiple graphics cards, mine some meme coin or use it for AI, and HODL then 5 years later said coin will 10-100x, easy profit. People will always FOMO and start buying in cash, but the real winners are those who use hardware to mine the coins, the best part is people who are 16-30 now will in 20-10 years have a massive head start in trying to own a house and becoming actually wealthy

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Coinsworthy

Maybe don't build that $1000 PC then.

BTCMachineElf

Ugh. Bad advice. Do not use bare desktop wallets without a hardware device. If you have malware, you can lose your stack. Do not keep your private key on a computer. Yes, that is how core worked, and some people do this successfully, but there is obvious risk and one must take significant precaution that the OS remains sterile. If you're up to that task and willing to accept that risk, fine. But advising it to random people on the internet with unknown PC hygine? Please don't.

Archophob

you don't need a hardware wallet to have a cold wallet, some old PC disconnected from the internet also works. In that case, you have wallet software like e.g. electrum on both the disconnected (cold) and your connected (hot) PC, but only the software on the "cold" PC has your private key. You use the private key on the "cold" PC to generate a public key, export that one to a USB stick, walk over to the "hot" PC, import the key, and you can use the wallet software on the "hot" PC to generate addresses that can receive BTC. If you want to spend BTC, it gets a bit tricky: you use your "hot" PC to check your balance, create a transaction to the address you want to pay to, export the transaction to your USB, walk over to the "cold" PC, use that to sign the transaction using the private key, walk back to your "hot" PC, import the signed transaction, and broadcast it to the network. Hardware wallets avoid the walking back-and-forth by being a small computer that stores the private key and only connects to your "hot" PC when you need to spend BTC. In the early years, everyone just had a software wallet on the "hot" PC, but that one can be vulnerable to spyware.

blyatbob

Wouldn't you need a PC capable of basically simulating entire universes like ours in order to brute force wallets? At that point we won't care about BTC anymore as that will probably dismantle our entire reality...

nachtraum

Electrum is a hot wallet, if you don't use it in combination with a hardware wallet, because the private keys are stored on your PC which is connected to the internet.

jweymarn

Being a computer science student and talking about this new thing called Bitcoin with my mates. Even downloading Satoshis white paper but never reading it. At the time living in a student apartment where electricity was included in the rent. So knowing I could have mined like crazy with my mid tier gaming PC for free.

cmdmakara

Oh please do not make me think about it... 2007-2009 I was heavily involved in over- clocking PC , joined a team "Team OC UK" crunched data for SETI , our team was 2nd or 3rd on leaderboard in the world - happy days running my athlon chip 24/7 flat out week after week. Around same time haD first child . Focus was distracted. Crunching Pc blew up after running over voltage for a few years. Team members starting moving their machines to " mine" this new crypto thing. My attention was not on the game. I gave up crunching data and focus shifted to different things as a few of the team members put some if their processing power onto mining around 2010 . Why oh why didn't I delve into it. 😭.

Tebundo

Ledger gets a very bad rep but if your computer saavy and use it on a PC that isn't compromised then yes it's safe to use. But I do understand why people don't like Ledger. With that said most people like Trezor, Jade Wallet and/or ColdCard more than Ledger.

GoodmanSimon

Lol, I never held, that's the problem. I was mining for free from my work computer and I would sell it for 50p or something like that. To me it was free as I was using my work PC and my work electricity. If I bought something for $100 I would panic sell at $150 thinking there is no way it could get higher. Of course I did not know it would get to where it is now... I would have never sold if I knew... And the kicker is... I sold quite a few btc at a "loss" when it looked like it was going to zero. Yes, I lost money selling my btc at $5

GoodmanSimon

To be fair, I also mined, (with my PC), and bought Bitcoin years ago. I used some, I sold some, I lost some ... life happens I'm afraid. I strongly believe that I would have never kept my Bitcoins at $100 or even $1000, (I would have been a millionaire if I had). I bought a graphics card for 4BTC a while ago ... imagine if I had kept it. What I am trying to say it ... hindsight is always 20/20, but the truth is that, most of us sold/used/lost our coins along the way. Yes, most of us are a little wiser now ... but we had to learn the hard lessons and I don't really beat myself up too much for it.

sheilaspancreass

If you are truly concerned about compromise. I would use something like Sparrow wallet (on PC) or BlueWallet on mobile and use your seed phrase to open your ledger wallet in either of those. Then send your BTC to a new wallet of yours (you can create a new wallet in sparrow or bluewallet while you await the arrival of your new hardware wallet).

SmoothGoing

Is ledger live on the phone or PC? Is the gibberish next to bitcoin address or some other coin?

JamesScotlandBruce

I don't think green has a coin control option to allow you to easily check. Various other wallets do but think mostly PC wallets. Hopefully someone has a goodd suggestion. Id be interested too.

VainMango

I'm not a PRO, but for new people i think Binance/Bybit are pretty cool. You can download those on your phone or use it on your PC. You should always invest only what you can afford to lose and you won't miss for said period of time, and always try to do your own research! Welcome to bitcoin tho, i think you chose the right time :)

Ruzhyo04

The majority of validators are on residential ISPs. Hardware to stake is a cheap consumer PC. Bitcoin has centralized mining equipment manufacturing. One zero-day firmware vulnerability away from the entire network being brought down from a 51% attack. Cloud mining is purchasable. It costs significantly less to attack Bitcoin than Ethereum, and and only a hard fork to nuke the mining algorithm could save Bitcoin. While Ethereum can just slash the attacking stake to zero and continue on like nothing happened. Ethereum also has wide diversity in node client software with none having more than 33% share, so a software bug won’t bring down the whole network. 99.95% of Bitcoin nodes just run Bitcoin Core. That shit is scary.

BTCMachineElf

Your concerns are overblown. Addresses have built-in chechsums, so one character being off will not process. Malware wont doesnt "change as soon as you hit send," in the rare case your PC is infected, it will change when you paste it. If you have a hardware wallet, the target address will show on the LCD for confirmation (changing after this step is not possible). All financial tools, including legacy banking, are vulnerable to malware infected PCs and account phishing. A hardware wallet provides more protection than a banking app can offer. And in bitcoin, you can't just have your identity stolen and credit cards opened in your name.

riscten

"Mostly offline" doesn't cut it. If you cannot buy a hardware wallet, make your own, for instance DIY Jade or Seedsigner, or use an airgapped PC. I wouldn't even trust a phone that's never connected to Wifi or a mobile network.

Halo22B

TailsOS and electrum on a PC

inadyttap

Not financial advise but you should invest an amount where if lost it all you would be hurt! 

Pure-Contact7322

Someone inherited the uncle PC

xukin3

A bitcoiner might want a used PC to set up a full node for example, but you're right. I just wanted to sell without using fiat. I'm sure there must be some marketplace for that.

Euhn

Got in the game when it was at 5 cents. Made a mining rig and mined till the price was 50 cents. Sold it all and it covered the cost of the PC, plus a little extra. Used it for gaming and parts of it still live on today.

Cmcgregor0928

Me in 2012 after building a gaming PC I rarely used: I should set this up for mining Bitcoin Also me in 2012: man idk if I'll be able to afford the electric bill if this is running 24/7 Guess what, I didn't do it

gotamm

Well, offline mean it use the PC/smartphone to broadcast the transaction. It requires no extra time 😊

Shaffle

it just takes a while. be calm, walk away, and do something else. you're downloading from other peers on the network, there's no way it's going to saturate any of the bottlenecks in your network or your PC unless it's a raspberry pi (which takes 2 weeks, btw)

riscten

The fact that Electrum doesn't use BIP39 in 2024 is justification enough not to use it. Blockchain.com has been hacked in the past. Trust Wallet is decent. On desktop Sparrow is generally considered as being among the best. In any case, make sure these wallets are only meant for experimenting with small amounts you are willing to lose. For more serious amounts, you need to understand how to protect your seed and private keys from being exposed, for instance by using a hardware wallet or an airgapped PC.

Aussiehash

>I thought I lost everything :( >I called Tangem customer service and they were amazing. They walked me through everything.... >Also wanted to post this for all newbies out there embarking on their cold storage journeys! * Don't panic * Don't do anything stupid whilst you are panicking * Don't trust any random google adword link, it may be a fake impersonator scam website * Never, ever enter your mnemonic seed words into your phone, Browser, PC, Mac, cloud or password manager * Only restore your seed by entering the mnemonic words directly into your hardware wallet's screen and buttons. Never via your PC keyboard.

Aussiehash

For iOS / MacOS I like Strongbox For Android Keepass compatible apps use the same database format. Since this is /r/Bitcoin - your mnemonic seed words must never, ever exist in digital form outside of your hardware wallet. Never in your PC/Mac/browser/phone/cloud/password manager

ValentineNewman2022

1. Mini PC - $100 2. Bill validator - $250 3. Camera - $70 4. Touch screen - $100 5. Metal case - $200

Aussiehash

> I recently set up a cold wallet Assuming that you have written down your recovery words on the supplied paper recovery sheet, it is good practise to check thise recovery words. Some hardware wallets can display back the recovery words to you on screen, others have a recovery check app where you enter the words into your hardware wallet's screen/buttons to confirm your backup is correct. You must never, ever, under any circumstances enter your mnemonic words into your PC, Mac, browser, phone, cloud or password manager. If you have confirmed that the 12 words are correctly recorded, then you can reset your hardware wallet and initialize another mnemonic seed.

Archophob

start with a software wallet like electrum. If you got an old, unused PC without internet connection, you can turn that one into a cold storage device. [https://electrum.readthedocs.io/en/latest/coldstorage.html](https://electrum.readthedocs.io/en/latest/coldstorage.html) Just make sure your government's henchmen never get their hands on that PC.

naveenspark

Great question! People should care about Tari because our fiat money is broken. If you had $1,000 in 2020, you'd need $1800 in 2024 to have the same spending power. All one has to do is go to the grocery store and see how unaffordable everything has become. Bitcoin was born out of the 2018 financial crisis and at the beginning, anyone could participate. All you had to do was download free software from the internet, and you could mine Bitcoin on your PC. Today, that is no longer the case. You must buy someone else's Bitcoins or own expensive ASICs to participate. We hope Tari creates a Bitcoin-like opportunity for a far larger number of people in today's era. It's an opportunity for a fresh start and for people to participate in something that has the potential to become a new financial system. It's open source, default confidential, secure, high integrity, and ultra-accessible. That's why the public should care about Tari.

naveenspark

Thank you for your question. Today, Tari is on testnet, so all tokens mined using Tari Universe in the near term are strictly testnet tokens. Testnet tokens have no value. The Tari mainnet will launch in the future. At that point, you will be able to use Tari Universe to mine XTM tokens (L1 Tari tokens). We aim to make Tari Universe safe to use on any Mac or PC. Like any software product, there will be bugs and things to improve, so please let us know if you encounter any challenges. In terms of how we profit from Tari, the tokenomics are published here: [https://tari.substack.com/p/tari-tokenomics](https://tari.substack.com/p/tari-tokenomics) They provide a great overview of how the Tari token works and how the pie is divided. To specifically answer your question, a portion of the premine (4% of total supply) is reserved for Tari contributors.

nodymofo

My father lol I live in a 3th world country and it's a very small one. We had this organization that gave our country some PC (2008-2009) . At that time my dad was working as a translator for the organization and they gave him a PC when he opened his first email address and Facebook. He opened an email for me as well so I could have it in the future (at that time I was 11y). I still have the email when Facebook and Yahoo gave him around 30BTC for opening account and being active. No idea on what address or wallet but I know there are 30BTC lost because of him

MiguelLancaster

if you're scraping pennies for a Bitaxe or other miner, don't bother -- just spend that money on bitcoin directly even if you bought a powerful ASIC for thousands of dollars, you'd be hard pressed to actually end up with more coin from mining than had you just spent it on bitcoin (factoring in electricity costs) you can run a node on anything, if you want to spend less in the longrun I'd suggest starting with a small form factor PC off ebay -- something like a ThinkDesk G3 800 Mini can be found on ebay for $50-80 cheaper and more powerful than a Pi and in case you don't already know, you won't earn anything at all from running a node - they are purely for privacy / altruistic purposes

CipherX0010

Mining bitcoin in 2024 UNLESS you have free electricity and a 5k plus dollar miner is pretty pointless for the average person, Buying and holding is much easier and way better because these "free miners" are all scams, if you're mining with GPUs unless you have like 12 4090s then you arent getting very, Bitcoin needs expensive ASIIC miners to be able to mine and they are expensive as hell on electricity Free miners are not only a scam but if you really are GPU mining then you're going to destroy your PC fast, also if you're talking about "cloud mining" that's the biggest acam in the book

nachtraum

All you need to do is store the seed phrase securely and confidently. Don't store it online or on a PC, but for example engraved on a metal plate. If for some reason this wouldn't work out for you, then maybe storing your funds on a reliable exchange. If you use your own wallet and you are traveling a lot, you can additionally memorize the seed phrase. Remembering 12 words isn't that difficult, and with the seed phrase in your memory you can access your funds anywhere, whatever happens.

guiltlesshonesty_84

Be careful about online services might be scams. get a tech savvy friend to check it out first physical access to the PC is safer.

fallingveil

Strongly recommend against using a software-based wallet for your savings. A PC is fine to use as a general node but it's far too fallible to use as a place to secure your savings. Get a dedicated solid state wallet. You can plug it into your PC via USB and unlock it only when you need to do transfers, and leave it in a safe or other secure location when not in use.

RetroGameMaker

You can't mine any bitcoin on PC. You need to buy a Bitcoin ASIC mining machine. Check out /r/bitcoinmining

bieker

I built a BTC purchasing kiosk once as a hobby project. I bought a cash accepting box, similar to what is in a vending machine, and a thermal printer, and a webcam. The cash reading machine had a serial port, as did the printer, the camera was USB, i hooked them to a PC. The software would count the bills, and when you were ready it would use the bitstamp api to get a quote for how much BTC you would get, when you accepted it would generate an address, make the purchase on bitstamp and make a transaction to the generated address. then it would print out a paper wallet. The camera was for both KYC, and for the user to provide their own destination address via QR code, in my country transactions over a certain size would require ID. There are a lot of gotchas in this system. There was no way to return the cash to the user if they cancelled the transaction (you would want to use a more sophisticated cash box that can 'escrow' the cash and return it if needed). It required a 'hot wallet' to be used because you can't transfer BTC out of the exchanges 'instantly' so it would require me to maintain enough balance in the bitstamp account and in the hot wallet to handle a days worth of large transactions. It worked fine as a prototype but i never took it any further.

Initial-Bat-3939

Do you know what PC stands for?

Massive-small-thing

Miners are called ASIC's coz they do one thing well. PC's are more general.

Massive-small-thing

Depends on the gpu/cpu. There's plenty of vids where people have changed their PC to do it

hentaimech

I meant leaving the PC as a lottery miner, with free energy at disposal.

Massive-small-thing

Used to be able to mine on a PC when a much lower hashrate was needed. I don't think it's possible to do it now, at least you wouldn't make a profit after factoring in the energy used by the PC. These things are pretty cheap and you can get hold of a suitable cheap solar panel ( or free energy ) that your best best imo

Tasty_Action5073

Dell Optiplex 7xxx is a very common mini PC for business. So you find plenty of them refurbished. I bought one, swapped the SSD and it running great!