The Cryptocurrency Mining Thread: just flip your old cards on eBay

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > The Cryptocurrency Mining Thread: just flip your old cards on eBay

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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Fauxtool posted:

where do i get a personal wallet not part of an exchange or marketplace?

There are many Bitcoin wallets

https://bitcoin.org/en/choose-your-wallet

Try Electrum.

# ¿ Jun 22, 2017 05:57

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# ¿ Apr 26, 2024 22:43

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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MaxxBot posted:

I just bought Doom for $15 and the fee was $4 for that too so I guess maybe it's a fixed amount. I wonder why there's no fee when you buy gift cards from gyft.

Gyft/egifter are burning VC money. Steam is an actual money making business.

# ¿ Jun 23, 2017 00:03

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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PerrineClostermann posted:

Has anyone else noticed their mBTC/day going down, despite still processing the same number of sols/s and the like?

Yes, that's how a Red Queen's Race works.

# ¿ Jun 24, 2017 06:57

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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PerrineClostermann posted:

You mean enough mining power is coming online that it's forcing a 25% reduction in payout week over week?

Yes. That is exactly what is happening.

# ¿ Jun 24, 2017 07:13

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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redeyes posted:

Not sure if this is the right thread for this but LBRY https://lbry.io/ seems like a good decentralized media platform using blockchain tech. I can't imagine why it won't get super popular but that is why I am posting. Opinions?

Here was my encounter with lbry:
---
so i saw this press release/news story and the explanation of "what the gently caress is LBRY" at the end is...

quote:

The Perfect Content for LBRY
While other archive teams have also backed up these lectures using traditional methods, publishing them to LBRY offers greater openness, usability, and robustness.

LBRY is the first truly free and censorship-resistant way to exchange content. The LBRY protocol provides a completely decentralized network for discovering, distributing, and publishing all types of content and information, from books to movies.

When publishing the lectures to LBRY, the content metadata is written to a public blockchain, making it permanently public and robust to interference. Then, the content data itself is hosted via a peer-to-peer data network that offers economic incentives to ensure the data remains viable. This is superior to centralized or manual hosting, which is vulnerable to technical failure or other forms of attrition.

this sounds like a great way to end up accidentally involved in the distribution of child pornography.

quote:

How do I get LBRY credits?
Currently, there are five ways to obtain LBRY Credits, or LBC for short.

Beta testers get an LBC gift. Talk to us on Slack if you're interested.
Buy them: see Exchanges
Mine them: see Mining.
Host content: see Hosting for details. Note that hosting requires the LBRY app, which is currently open to beta testers only.
Publish content: when you publish your own content to the LBRY network, you can sell it for LBC at the price of your choice.

this is for commercial copyright infringement and distribution of child pornography.
edit: bonus fishmech

fishmech posted:

i like how they gloss over that it cant store anything more than the title, filesize, and upload date of a thing (because blockchain) so you still need to have a regular rear end server to host things. and also do all the search and recording functions faster than their dumb blockchain while you're at it

Gobbeldygook fucked around with this message at 17:38 on Jul 4, 2017

# ¿ Jul 4, 2017 17:05

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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Fauxtool posted:

Anyone have info on this new Russian beef coin? It's based on an actual commodity so it's already 1000x more reputable

https://cointelegraph.com/news/russia-gets-first-sanctioned-cryptocurrency-and-its-tracking-beef

This has all happened before and will all happen again. Remember URO coin, the coin backed by pissss?

https://news.bitcoin.com/urea-lly-fell-urocoin-dissapears-drain/

# ¿ Jul 6, 2017 17:26

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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TomR posted:

I have 0.00375043 BTC ≈ 12.11 CAD apparently but I don't know how to spend it on anything. I'm in Canada. Someone take my bitcoins and give me a cup of coffee or something pls.

You could spend those BTC on a DNM to buy a digital product like hacked porn site accounts, HBO logins, etc.

edit: "I like this dude. I had porn accounts that died and I was going to fap on some meth that night and dude made me new accounts almost immediately.

I like him so much that next time i'll just buy new accounts and give him the extra bitcoin."

Gobbeldygook fucked around with this message at 19:27 on Jul 8, 2017

# ¿ Jul 8, 2017 19:23

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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wolrah posted:

Though why you'd have long-term Bitcoin not in a private wallet I don't understand. It's so easy and then you don't have to worry about a high profile target exchange being hacked or shutting down or stealing everything.

If you do a lot with your Bitcoin I can see keeping some in an online wallet for convenience, but just leaving it all there has always seemed like a silly decision.

In addition to what QuarkJets said, bitcoins in private wallets could also be lost through user error. A hard drive fails or is stolen. Their wallet requires a password for security reasons and they don't use it for so long that they forget it. A bunch of people lost all their BTC because they downloaded a pirated version of Fallout 4 that contained a virus that stole their private keys.

# ¿ Aug 17, 2017 02:22

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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well why not posted:

is there a non-mining crypto thread anywhere on SA? for market chat etc

There's also a thread in GBS but the YOSPOS thread is superior.

# ¿ Sep 15, 2017 04:09

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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Fauxtool posted:

is there a single one that was open at the start that is still secure and unhacked?

No. It is the fate of all things bitcoin to get hacked or "hacked".

# ¿ Oct 9, 2017 04:04

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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Numinous posted:

You guys know you can just run the bitcoin wallet application locally right? No need to go online with it. It's super easy to backup so your coins are un-hackable.

Just be prepared to be kicked in the dick for awhile while the blockchain downloads.

You don't need to download the blockchain to use a local wallet like Electrum.

Gobbeldygook fucked around with this message at 05:08 on Oct 9, 2017

# ¿ Oct 9, 2017 05:00

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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Numinous posted:

How do taxes factor in if you never cash out? With bitcoin prices rising I'm keeping my coins in my wallet for the forseeable future.

Why do you think the price of a Bitcoin is going up? Why do you think this will continue?

If you can't answer those questions, sell your loving bitcoins.

# ¿ Nov 21, 2017 05:09

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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The scorpion stung you personally and you idiots are giving him another ride across the river!

# ¿ Dec 21, 2017 19:51

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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cstine posted:

Also, anyone running back to Nicehash should read their payment schedule veeeery carefully: they're only paying out to external wallets at 0.1 BTC right now: https://www.nicehash.com/help/when-and-how-do-you-get-paid

In true bitcoin fashion, this is of course buried at the bottom and was 100% not mentioned at all anywhere in their re-launch messaging, because lol at setting the minimum payout to like $1500 (or $1200 or $1600 or...)

Hahahaha, they've definitely converted it to a Ponzi scheme. They have no money and are counting on most people not hitting the 0.1 btc payout for a few months. They'll probably pay out to a couple people to convince everyone they're legit but eventually they're running off with everyone's money.

# ¿ Dec 24, 2017 06:18

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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Craptacular! posted:

The only change is in the past 24 hours they�ve disabled these. The good news is they seem to realize that they need alternatives and say they�re working toward it.

I'm sure they will continue to "work on it" for the coming weeks. If you were them and planning to scam, what would you do differently from what they're doing?

# ¿ Dec 24, 2017 09:47

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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divabot posted:

I wrote a blog post on the return of this completely trustworthy and not at all dodgy service run by a convicted botnet operator that got "hacked" and lost everyone's money only the once, so you should definitely come back to it.

You forgot to mention that they're offering higher rates than the competition which is not at all suggestive of a plan to scam.

# ¿ Dec 25, 2017 01:36

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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Paul MaudDib posted:

Is there any point to cashing out in anything except BTC? Does the gift card company that people here are using actually accept, say, LTC or FTC? Pretty sure all of that runs though Bitpay and they only take BTC at the moment, right?

(Bitpay is supposedly working on it and will have altcoin support early next year though)

There are some ATM's which go Litecoin -> cash. Online exchanges will also go Litecoin -> USD.

# ¿ Dec 27, 2017 00:28

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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Q8ee posted:

could someone point me to the cryptocurrency general chat thread? or is this pretty much it? I've questions regarding cryptocurrency and I'm not sure where to ask it.

There's one thread in GBS and a thread about gambling in BFC and the good thread in YOSPOS.

# ¿ Jan 3, 2018 23:17

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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TheFluff posted:

It kinda surprises me that (as far as I know) there isn't a cryptocurrency based on cracking password hashes yet.

There's a project where they're trying to brute force private keys.

https://lbc.cryptoguru.org/about

quote:

What is LBC?
The "Large Bitcoin Collider" (LBC - a homage to LHC) is a distributed effort to find at least one collision of private Bitcoin keys by creating addresses to private keys in a continuous 2160 range. These are checked against the list of known BTC addresses with funds on them. In the rare event of a collision, the funds on the address in question would become accessible to the collision finder.

# ¿ Jan 6, 2018 03:37

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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Rexxed posted:

Hmm, yes, Siacoin, altcoin number 24074985672903768923476. Seems promising!

Sia is different from most altcoins because they're used by a real, working technology platform to safely store your child pornography. That doesn't mean it's good but it's not Dentacoin.

# ¿ Jan 19, 2018 03:52

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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Palladium posted:

So when is carboncreditcoin gonna launch?

Rule 34 applies to altcoins

https://www.carbonx.ca/

Also see
https://solarcoin.org/en/node/6
https://carboncoin.cc
https://bitcoinexchangeguide.com/veridium/

# ¿ Feb 2, 2018 06:31

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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Zero VGS posted:

I just got my first Nicehash payout... $15 of my pre-hack $100-ish. That's a pleasant burrito surprise.

They're actually paying back the money that was lost in the hack? :tviv:

# ¿ Feb 23, 2018 03:54

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# ¿ Apr 26, 2024 22:43

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

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Marzzle posted:

After asking around, I hear electrum is pretty decent for bitcoining without linking your literal bank account and phone numbers to every transaction. A lot of the cash>BC ATMs in the city I live in can do a transaction with just a QR code for your public key address so I am going to try to figure out that route and start socking away my bit pennies for retirement!

Is there some reason buying a $20 burner phone+$20-40 cell phone plan at Dollar General, Walgreens, etc isn't an option?

# ¿ Jun 13, 2018 01:26

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > The Cryptocurrency Mining Thread: just flip your old cards on eBay