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RZA Encryption posted:So if someone had warehouses of bitcoin miners, why wouldn't they just be trying 24/7 to guess the private key for satoshi's wallet? basically that's 2^256 keys. he may have 512-bit key, so 2^512 is limit. if he's dumb, he may have 128-bit - 2^128 for example, let's take gtx 980 (doesnt make great sense but w/e) card - something like 2^26 (roughly) keys/second 128-bit = 2^(128-26) seconds = 2^102 seconds = 2^77 years 256-bit = 2^(256-26) seconds = 2^230 seconds = 2^205 years 256-bit = 2^(512-26) seconds = 2^486 seconds = 2^463 years thats alot while this is time needed to checke every single possible thing, even like 10% of it is crazy long
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Jan 10, 2015 15:15
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DNova posted:2^26 (roughly) keys/second point is that miner will die before that happens either way it was also more like 2^(25,6), but i felt lazy
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Jan 10, 2015 15:19
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DNova posted:oh my bad I'm thinking base ten and you're writing base two e: for base 10 it's about 4.5*10^7 (423362566 k/s is what i've got, so i pluged it in to 2^x and then rounded x up to closest integer) cinci zoo sniper fucked around with this message at 15:23 on Jan 10, 2015 |
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Jan 10, 2015 15:20
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unpacked robinhood posted:so quantum computers can't really do jack poo poo because they require the same amount of energy just they do the things in "parallel" ?
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Jan 10, 2015 15:39
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rip buttcoin
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Jan 10, 2015 16:13
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omlette du fromage
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Jan 10, 2015 19:49
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what does that mean 
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Jan 10, 2015 20:24
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DNova posted:really
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Jan 10, 2015 20:31
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goddamnedtwisto posted:Bitcoin est de la merde , il ne se arrête pas l'emprisonnement Krinkle posted:Which asimov short story was that multivac story taken from? I gotta know what they asked the computer.
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Jan 10, 2015 21:02
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TVarmy posted:it's actually, "bitcoin is poo poo, it won't stop imprisonment." goddamnedtwisto posted:bitcoin is poo poo, it doesn't stop imprisonment fun fact, christianity-related caricature was banned from release several years ago for "insulting inner beliefs" or some wording like that
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Jan 10, 2015 22:47
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why not just metric prefixes, i.e. BTC, mBTC, μBTC, nBTC etc., instead of memorizing every cryptographer who knew how to write
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Jan 11, 2015 14:11
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Aleksei Vasiliev posted:the de facto denominations are
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Jan 11, 2015 15:08
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jre posted:lol , wonder what O'Reilly makes of him getting banned
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Jan 11, 2015 15:11
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Aleksei Vasiliev posted:he was shadowbanned, that's the only ban the admins hand out unless they really hate you
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Jan 11, 2015 15:22
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welp, my english is bad meanwhile r/bitcoin is going full  over the incident
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Jan 11, 2015 15:36
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Jan 11, 2015 17:15
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 i dont evenis that regular state of r/buttcoin ?
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Jan 11, 2015 17:55
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Boxturret posted:this is getting kind of confusing with buttcoin being used by both sides  to check. i meant r/bitcoin
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Jan 11, 2015 18:17
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faith in humanity restored  i wonder how much people do fall for scams on r/bitcoin
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Jan 11, 2015 20:54
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duTrieux. posted:is this a post about bitcoins or about that weird nap-based sleeping schedule
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Jan 12, 2015 22:58
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Silver Alicorn posted:he had no interest in women iirc
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Jan 13, 2015 01:13
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chestnut santabag posted:im the green area below 0
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Jan 13, 2015 11:09
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Wheany posted:...so what you're saying is sell your bitcoin now because the price is going to go down, then back at the price bottom somewhere 2016-ish? 
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Jan 13, 2015 12:44
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Overstock.com offers employees all-bitcoin paychecks By Ciara Linnane Published: Jan 9, 2015 2:03 p.m. ET Online retailer is a big believer in the digital currency AFP/Getty Images NEW YORK (MarketWatch) — Overstock.com Inc. demonstrated a surprisingly high level of commitment to digital currencies Friday with the news that it is planning to offer its employees the option of being paid in bitcoin. The discount online retailer made the announcement in a release about a new bitcoin ATM that it has installed at its corporate headquarters in Salt Lake City, Utah. “Moving cryptocurrencies out of the realm of geeks and into the realm of the rest of us requires making changes at all levels of the financial ecosystem,” Chief Executive Patrick Byrne said in the release. “An important part of this effort is making digital money ATMs accessible.” Overstock.com OSTK, +1.49% has been accepting bitcoin as payment since Jan of 2014. Customers have made $3 million worth of purchases with bitcoin since then. The company says an analysis of the first year of usage indicates that Utah has the second-highest adoption of the currency among U.S. states, after New Hampshire. Since its launch in 2009, bitcoin, an electronic currency that is traded by users who store it in digital wallets, has won fans and detractors, while bitcoin-focused companies have attracted large sums of investment dollars from venture-capital firms. The currency has been criticized for its volatility, climbing to a peak of $1,150-a-coin in December of 2013 to $284.76 in recent trading. A wide range of companies including Amazon.com Inc. AMZN, -1.86% Target Corp. TGT, +0.26% CVS Health Corp. CVS, -0.74% eBay/PayPal EBAY, -0.77% Tesla Motors Inc. TSLA, -2.15% Microsoft Corp. MSFT, -1.25% and Dell Inc. accept it as payment. Bitcoin’s price declined by about two-thirds in the past year, according to the CoinDesk Bitcoin Price Index, which factors in prices from several bitcoin exchanges. It was trading at about $930 in January 2014. The currency suffered a setback in 2013, when the Tokyo exchange Mt. Gox collapsed after hackers stole 800,000 bitcoins, which were valued at about $500 million at the time. Earlier this week, the Slovenia-based exchange Bitstamp said it was suspending its service temporarily, after losing about 19,000 of the coins in a breach. Overstock.com shares were slightly higher in early trade, but are down 20% in the past 12 months, while the S&P 500 has gained 12%. http://www.marketwatch.com/story/overstockcom-offers-employees-all-bitcoin-paychecks-2015-01-09
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Jan 13, 2015 13:35
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ahaha money doubling, jfc, that's eve online chat level scamming 
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Jan 13, 2015 14:03
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evilweasel posted:it was roger ver who can't get back into the us after abandoning his citizenship abandoning us citizenship
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Jan 13, 2015 18:39
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Boxturret posted:"In what country is there a place for people like me?"
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Jan 13, 2015 18:58
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Dren posted:i know a guy who got his citizenship recently i bet he would laugh his rear end off
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Jan 13, 2015 21:48
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JaysonAych posted:No Pain, No Gain. (self.Bitcoin)  , how about slamming your head in a door and then going to gym, mr. buttcoiner
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Jan 14, 2015 07:55
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Donetsk People's Republic
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Jan 14, 2015 08:14
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whoa
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Jan 14, 2015 08:24
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Wheany posted:like half the commenters on that video have pony or furry avatars
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Jan 14, 2015 10:50
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again or what, im confused to limit
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Jan 14, 2015 11:44
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Ploft-shell crab posted:Real talk here, is there a campaign against bitcoin suddenly? I know this may sound conspiracy theory esq... But the major robbery to destroy faith in the security of it, and then a major plunge in the price to make people think it's unstable. Maybe I'm being paranoid... But this is a lot to happen at once for never having anything like this before. A truly independent currency not tied to any country for control, it's like people are ditching the federal reserve and it's scared someone.
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Jan 14, 2015 18:28
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please go sub-$100
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Jan 14, 2015 20:25
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CapnAndy posted:If this goes sub-100, log scales are gonna be really goddamn funny triple sulk posted:That is a pepper grinder
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Jan 14, 2015 23:53
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like, say, bideo james
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Jan 15, 2015 03:37
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Greyhawk posted:reminder anders andropoolous will have an AMA in 40 minutes
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Jan 15, 2015 17:31
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i am trying to read funny court tweets, but i dont know what cronies dpr and dhs mean
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Jan 15, 2015 22:57
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Sham bam bamina! posted:dpr: dread pirate roberts  i know who are cronies (i tried to make pun), but i dont know who is dread pirate roberts, though i will probably google that fe: nevermind, i kbnow it now Powershift posted:DPR = dread pirate roberst, the guy behind silk road, the online drug marketplace
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Jan 15, 2015 23:04
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