Reddit Posts
Setting up a Node on a new N100 Mini PC, What do I need to Know?
Are these two segwit paper wallet generators safe?
Hardware + Electrum + Lightning = Cold signing wallet on PC + Hot LN wallet on Android
Crypto Mining May See A Resurgence Thanks to Home PC Mining Protocols
Transaction stuck on "Sending..." on Ledger Live
Subscription based security options to safeguard against hackers, identity thrives etc?
Help Needed!: What am I even looking for? (Inheritance)
Highscore BSC | 76k mcap | 4 months old token on BSC | very strong floor | strong community | prizes paid everyday
What do you think of my custody plan for my bitcoin?
Best method of long-term cold storage for life-changing amounts?
Journeying Back to the Golden Days of Bitcoin Mining 🕰️🚀
Managing crypto activities from Linux on a USB stick?
Is it unethical to mine shitcoins with NiceHash with my PC to stack more Bitcoin?
REKT Wallet is a tracker-free, standalone app fork of the original Avalanche wallet. Tracker-free, hosted on your own PC
People building just to get rich?
Easiest Way To Buy Shitcoins/MemeCoins/AltCoins?
EAFC24Token $EAFC24 | First ever #EAFC24 Bettting platform | Early Gem x1000 | Audited, Trusted Devs and Team
How to safely update a hardware wallet over USB on a Windows PC?
Steps to buy BTC for 2000$ a month. What apps do I need? (PC/Phone). What are the safest ones? How should I save BTC not to be stolen/lost? Etc..
🎰 BCH.GAMES: Play, Win, Earn Crypto - A Gaming Odyssey to Financial Freedom! 🚀💸
Vulcan Forged: Elysium, Vulcan Studios, MetaScapes and PYR Token Dominating the Ecosystem!
Found my wallet from mining back in 2016, how to safely cash out?
Found my wallet from mining back in 2016, how to cash out?
🎰 BCH.GAMES: Play, Win, and Earn Crypto - A Gaming Revolution! 🚀💰
Alvey - When someone tells you that even a small investment in this could change You Life With One Simple Purchase Would You?!
Alvey - If you’re looking for a trusted project, a real team and a REAL business plan. Give one minute of your time with this message!
Looking for a new wallet need your help.
If You Could Ask Satoshi Nakamoto Anything What Would It Be?
Why You Should Never Store a Cryptocurrency Seed Phrase In Plain Text
16yo brother came out having +4BTC he made in a shady way
Where can I find a tutorial to GPU solo mine bitcoin on my PC?
How do I let my family connect to my full node which I am running through a tor socks 5 proxy?
Is it worth it for an average person to set up a bitcoin node?
Exploring the Blockchain Card Games in the Web3 Gaming Space
I just been hacked through a phishing scam on kraken , lost all my moons .
Offline BTC Wallet, is this correct?
Stacking has crept up on me and now I need to upgrade my storage
How Many Missing Words Can Be Recovered Nowadays?
How I Secure My Seed Phrase - Critique Welcome
What's the name of the 8-bit game that paid out Bitcoin?
Receive wallet in Trezor Suite suddenly changed
Looking for the safest crypto exchange for my teenager to try his hand at trading
Help regarding my setup for privacy and safety of btc.
Evolving from nothing to a life necessity in just 30 years.
Browser/Mobile Wallets - Future Tool For Mass Crypto Rug?
RANT: You raspberry Pi resellers are FUCKING RETARDED. Trying to make a buck off selling "nodes" when a Bitcoin Node is Free to Run and Easy to Run on a PC. FUCK OFF
Mental exercise: „you found 100Bitcoins in your old PC“! What is your next move?
How can I buy PC games with bitcoin and what platforms can I buy in on?
Exactly 10 years ago, Bitcoin first appeared in Maximum PC Magazine
These are the least-known ways to earn free crypto
Three Ways to Help Practice Safe Hot Wallet.
Saved my seed phrase in USE.RUN Encrypted Notes when I was resetting my PC. I think I entered the password wrong. I can't get it back. Is there any way to recover this?
Breaking Bad Meets Crypto: The Silk Road Story (P1)
Breaking Bad Meets Crypto: The Silk Road Story (P1)
Is buying an average PC to mine Bitcoin a bit like buying a lottery ticket?
The Silk Road Story (Part 1): Breaking Bad Meets Monty Python
Host your own Payment System with your own Bitcoin & Lightning Node, you can even add your own Nostr Relay in PC or Mac for Free, see video.
I made a descriptive post of every item that you can purchase using candies from Coingecko so you do not have to look
Mentions
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My old PC HDD fried, so I lost all of the info on it. I'd have to do a deep dive on the deployer wallet and search for dnps initial payments he made to staff with clu before the launch and brush through them to see if any transactions look familiar to me. I think that's the only way I can find my old wallet id, but I'll never be able to log into it since the passphrase is long gone.
tldr; The battle royale game 'Off the Grid' has introduced player skins inspired by Donald Trump and Kamala Harris in its 'Save Democracy' content pack, released just before the U.S. presidential election. The pack includes comical voice lines, Epic weapons, and character emotes. Available to premium subscribers, the skins have sparked social media buzz, with some praising the marketing strategy. The game, developed by Gunzilla Games, is available on PlayStation 5, Xbox Series X, and PC, and plans to introduce NFT features in the future. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
If it went to a different address, it is a possibility that you got hacked with that software that infiltrates you PC's clipboard and replaces any address with the hacker's. Happened to me but detected it and didn't loose anything.
Hey hoping this is an alright place to ask. Someone wants to buy a PC from me off Facebook marketplace using USDT. Done crypto transactions before, but is there any advice to have many confirmations I should see or wait for before handing over the PC? I’ve tried googling but haven’t had much luck. Would have to turn a sale down because I can’t figure this out
Use a time machine and go back to 2010 if you want to mine Bitcoin using your PC.
Installing who knows what on your PC to sniff around behind process
you want to spend 20k to mine bitcoin with a PC????🙈🙈
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I got one and a PC will definitely come by and converse/listen
Try Bisq2 on PC, it's an easy to use p2p service, very intuitive. It's got ratings for all sellers and mediators incase anything goes wrong during a transaction. [https://bisq.network/downloads/#bisq2](https://bisq.network/downloads/#bisq2)
Download Electrum on your PC Scan for your connected hardware wallet Add the message (in my case the home loan provider asked me to enter a specific message to prove ownership of addresss Add your BTC address And hit verify. It will then sign the message. You provide this to whoever is asking it I followed [this Medium guide](https://medium.com/@martins87/how-to-sign-a-bitcoin-message-with-a-hardware-wallet-e41d85c95387#:~:text=Click on “Tools” and then,related to the signed message.) - took me less than 5 minutes as a complete noob.
Most people have their seed written in a piece of paper somewhere. Or just written in a file on their PC. A few have it stamped into metal plates on a safe. None of these are secure or durable from the perspective of data security. A few people take it a bit further, and have 16/24 words stored in 3 locations, so any 2 of the 3 will give the full seed. A little better, but still laughable in the data security world. --- But security/durability aside, the bigger concern is that most people are not tech savvy and don't really understand crypto, and are prone to making mistakes. I've seen endless posts of "I've never thought itd happen to me..." of people losing all they're crypto to scams/phishing/losing their seed. People also highly overestimate how smart they are, and think they will not be the idiot to make a mistake. --- A reputable exchange offers very good protections. 2FA. Timed account lock on setting changes. Whitelisted withdraw addresses. Etc. These features do a very good job at protecting people. A reputable exchange (in my eyes) has never had issues. The problem, I suppose, is that most people are unable to discern which exchanges are trustworthy. But just use Coinbase. --- My personal approach is having my encrypted keys stored online. Start with a freshly formatted raspberry pi. Never connect it to the internet. Generate seed on that. Put that seed into an encrypted archive (with a strong password i will never forget and don't have written anywhere). Copy that encrypted archive onto a flash drive and then store it everywhere and anywhere. It's in my email. On my PC. In my families email. On google drive. Etc. Encryption is secure. Digital files are more durable. I can also access it from anywhere in the world if i really need it. But I won't need it. I have the seed input onto multiple cold wallets, in different locations. So the likelihood I'll ever need to access my seed again is low. No one is ever accessing my seed, even if i send them the encrypted file.
Use something that's dully open-source. I recommend Blockstream Jade. You don't have to use the app that the hardware wallet manufacturer offers. You can use any wallet app with your hardware wallet. Some good options are Sparrow (PC), BlueWallet (Phone).
I had the exact same issue with Bitcoin Core. I was trying to run a local node on my PC. The first 80% downloaded very quickly - 5-6% per hour. When it reached 80%, it slowed down to like 0.03% progress per hour. I tried starting over, but same issue the second time. I ended up just uninstalling that garbage. I am planning to set up a home server here soon, and will definitely be running something like Bitcoin Knots instead.
Someone visited their grandma, booted up an old PC and, Voila!
we have other definition. you can connect trezor to your PC (locally - over usb), that then talks to their node over internet. or you can make it talk to your own node on the PC (over usb), and even your entire PC can be offline. it can be even always-offline, except that you transport the fully signed now PSBT to internet-enabled computer (right?)
Multi billionaires find out their game is almost over, and all those "numbers in a PC" mean nothing. But..but..Look what they're offering you (shows you a lifetime of hard work for 0.00001% of what they spent on hats for their dog) https://youtu.be/_MolWhOGhRc?t=71
1 whole bitcoin, just throw it into your PC case and it should appear under disks. then right click on it and click on send
If you have the old wallet on your PC, the encryption key can be cracked
I knew a guy who solo mined a block way back. It was still 50 btc at the time for a block reward. He forgot about it, and when he upgraded his PC, he scrubbed and then threw away the hard drive.
Yeah no kidding, I know how it feels. I had about 27 or 28 BTC on a desktop computer from 10+ years ago when I was part of a mining pool. Sure wish I could get my hands on that PC today. Hindsight is ALWAYS 2020.
For me, the most secure way is using an engraved steel plate and a Raspberry Pi (or another PC without internet) plus Electrum. So this is the basic idea: 1. Take your offline PC, which will never connect to the internet (neither the light nor the darkness). 2. Install Electrum on it using a USB device. 3. Generate a seed. 4. Engrave the seed on the steel plate. 5. Generate the wallet on Electrum based on that seed. 6. Get your public keys or the addresses from this wallet and save them on the USB. 7. Import these public keys or addresses into a watch-only Electrum wallet on an online PC so you can monitor your coins. 8. Store the steel plate in a safe place. Optional: * Make the wallet multi-signature. * Encrypt the wallet with a password and store the password separately from your seed. I know this process is long and seems awful, but personally, I don't trust private companies to store my bitcoins, and software updates could be a problem in the future (this happened to me with the Ledger Nano).
PC Bank (loblaws) has a 4.5% savings on right now....
Yeah, cheating is killing the player base on PC.
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.
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
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???????
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.
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.
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.
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.
So you know your PC is old and bad yet you blame the product.
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.
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.
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
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"?
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!
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.
> 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'...
> 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).
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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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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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
>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.
On PC only the bitcoin payment option should up, I payed myself on mobile using apple pay. I scammed the scammer
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.
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.
Old offline PC with newest Linux + Sparrow wallet in cold mode. Linux and Sparrow installation checked for PGP signatures before.
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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.
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.
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.
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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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.
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!
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.
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.
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.
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.
You can change your PC setup and maybe car
I use a trezor hardware wallet and store my seed on titanium. You’ll need a PC
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
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
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!)
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...
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 ;)
You just wasted 0,0000001 usd on Internet, electricity and wear & tear on your PC writing that comment. Could've gotten sats instead.
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...
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
![gif](giphy|aCatQNctAK7PC1H4zh|downsized)
Maybe don't build that $1000 PC then.
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.
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.
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...
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.
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.
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. 😭.
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.
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
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.