Bitcoin On Air: June 2017

Friday, 30 June 2017

The Bitcoin traveller just nailed it: not one line of code from nChain. "It's pretty clear now Craig Wright has done more lines of coke than lines of code since he joined #bitcoin" Just hot air, no code whatsoever, not even a suggestion, a proposel, anything.

https://twitter.com/FelixWeis/status/880917006559584257 via /r/Bitcoin http://bit.ly/2swWXBB

Do we have enough posts about FakeSatoshi yet? Why give this particular individual any of our time?

No text found via /r/Bitcoin http://bit.ly/2sbrhSZ

The thing I like about Satoshi is he came across as humble and wise; The thing I don't like about Craig Wright is he comes across as arrogant loudmouthed and he isn't Satoshi

Amirite? via /r/Bitcoin http://bit.ly/2srvOF7

The Segwit”2x” beta, review and thoughts by Luke Dashjr

http://bit.ly/2t1eRQH via /r/Bitcoin http://bit.ly/2swj6jI

Mining Benchmarks

Does anyone know a good source with GPU mining benchmarks? I can't find any good ones.

Submitted July 01, 2017 at 12:32PM by smallham1 http://bit.ly/2tuG66X

What GPU is best for mining right now?

I’m thinking about building a GPU rig but I can’t really find a solid answer on what graphic card is superior. 1070, 470, 480, 570, 580?

Edit: I don’t really care about the unavailability of the cards. Straight up stats.

Submitted July 01, 2017 at 12:59PM by Logeth16624 http://bit.ly/2sbO7tK

Japanese Exchanges Roll Out Insurance to Help Merchants Accept Bitcoin Instantly

http://bit.ly/2ttEYAf

Submitted June 30, 2017 at 09:37PM by miunin http://bit.ly/2uriQnq

I am mining in the desert using 100% solar and I am profitable

I have 7 greenhouses in theSouthwest desert. I have twenty-five S9 miners inside these greenhouses. They are all running 100% off grid with solar and battery power.

I posted my numbers for this mining operation in the desert a few hours ago but it was downvoted into obscurity. Here is the link if anyone is interested:

http://bit.ly/2ta6kJx

Anyhow, I kinda think that this sub is controlled by miners. I want to test this out to see if it might be true. Cuz...maybe I am just being weird and got it wrong. For the record, I am often wrong.

So here it goes...I have documented my mining operation over the last year here on Reddit. I detailed my idea from when it was just an idea all the way to today, where I have a fully functional and profitable bitcoin mining operation in the middle of the desert....not connected to the grid at all. I am about to go all-in and buy 1,000 miners for the September shipment of new S9's.

Here are the numbers for mining, for those of you who are interested. You will need 6 kw of solar panels. And you will need 15 deep cycle lead-acid batteries (24V/200 amp hours each). And a power control system. I buy the batteries from China for $180 each. I pay $0.45 per watt for solar panels. Total cost for the off grid solution for ONE miner is $6800. It costs so little because I found the suppliers on AliBaba and negotiated my pricing. I am happy to share the suppliers with anyone who is interested (no one will be interested).

Cost for one S9 is $1225 landed on your door in the US. Total cost for the off grid mining solution is $8,000. I make .007 btc per day from each miner. This is about $18 per day at the current price. I make about $300 profit on each miner by reselling it (used). I can buy and sell these miners EVERY time there is a production run from Bitmain. I get in early and secure my order. Then I slowly sell them until the next batch is close to shipping.

I am pretty sure that there are LOTS of miners doing this and they don't want anyone else doing it. They are afraid of flooding the resell market. And they are afraid of increasing demand for miners. And I am pretty sure those people are now running this sub. But again, maybe I am wrong. We'll see...

Basically, I feel that there is a real effort to dissuade people from mining so that miners can continue to do this.

I purchase in advance from Bitmain and secure the lower pricing. I buy 100 miners and I run 25 of them. I then begin to resell the remainder of my miners. There is such a long gap between shipments from Bitmain that the price just keeps going up and I profit on the resell of these machines. Meanwhile, I am using them to mine until they sell.

By reselling the miners I am making sure I am current with the fastest miners. I also profit from buying 100 miners early in the cycle to resell.

I have NO idea why this happens, but every time I post about mining and talk about how I have found what I believe to be an awesome idea for small to medium sized miners, I am down voted and called a liar and con man by a lot of people here.

So, I am testing my hypothesis. I think that one of three things will happen to this post: (1) it is down voted to obscurity (2) I am relentlessly called out for being a liar and con man (3) no one cares.

For the record, this should be a post that is read by many people here. I am not trying to say that it is the most amazing thing that someone will read here. But, this is exactly the type of post that should have people discussing in a bitcoin forum.

Anyhow, for those who are interested, this info is not a FAKE POSTING. The numbers are real. I am highly profitable. I wish others would do the exact same thing. I want everyone to be mining.

Submitted July 01, 2017 at 09:08AM by dan_from_san_diego http://bit.ly/2sqRscs

Craig Wright pro-bigblock talk is so bad it should convince you to UASF

https://youtu.be/YAcOnvOVquo?t=8660 via /r/Bitcoin http://bit.ly/2sqTPMm

I am mining in the desert using 100% solar and I am profitable

I have 7 greenhouses in theSouthwest desert. I have twenty-five S9 miners inside these greenhouses. They are all running 100% off grid with solar and battery power.I posted my numbers for this mining operation in the desert a few hours ago but it was downvoted into obscurity. Here is the link if anyone is interested:http://bit.ly/2swdtBS, I kinda think that this sub is controlled by miners. I want to test this out to see if it might be true. Cuz...maybe I am just being weird and got it wrong. For the record, I am often wrong.So here it goes...I have documented my mining operation over the last year here on Reddit. I detailed my idea from when it was just an idea all the way to today, where I have a fully functional and profitable bitcoin mining operation in the middle of the desert....not connected to the grid at all. I am about to go all-in and buy 1,000 miners for the September shipment of new S9's.Here are the numbers for mining, for those of you who are interested. You will need 6 kw of solar panels. And you will need 15 deep cycle lead-acid batteries (24V/200 amp hours each). And a power control system. I buy the batteries from China for $180 each. I pay $0.45 per watt for solar panels. Total cost for the off grid solution for ONE miner is $6800. It costs so little because I found the suppliers on AliBaba and negotiated my pricing. I am happy to share the suppliers with anyone who is interested (no one will be interested).Cost for one S9 is $1225 landed on your door in the US. Total cost for the off grid mining solution is $8,000. I make .007 btc per day from each miner. This is about $18 per day at the current price. I make about $300 profit on each miner by reselling it (used). I can buy and sell these miners EVERY time there is a production run from Bitmain. I get in early and secure my order. Then I slowly sell them until the next batch is close to shipping.I am pretty sure that there are LOTS of miners doing this and they don't want anyone else doing it. They are afraid of flooding the resell market. And they are afraid of increasing demand for miners. And I am pretty sure those people are now running this sub. But again, maybe I am wrong. We'll see...Basically, I feel that there is a real effort to dissuade people from mining so that miners can continue to do this.I purchase in advance from Bitmain and secure the lower pricing. I buy 100 miners and I run 25 of them. I then begin to resell the remainder of my miners. There is such a long gap between shipments from Bitmain that the price just keeps going up and I profit on the resell of these machines. Meanwhile, I am using them to mine until they sell.By reselling the miners I am making sure I am current with the fastest miners. I also profit from buying 100 miners early in the cycle to resell.I have NO idea why this happens, but every time I post about mining and talk about how I have found what I believe to be an awesome idea for small to medium sized miners, I am down voted and called a liar and con man by a lot of people here.So, I am testing my hypothesis. I think that one of three things will happen to this post: (1) it is down voted to obscurity (2) I am relentlessly called out for being a liar and con man (3) no one cares.For the record, this should be a post that is read by many people here. I am not trying to say that it is the most amazing thing that someone will read here. But, this is exactly the type of post that should have people discussing in a bitcoin forum.Anyhow, for those who are interested, this info is not a FAKE POSTING. The numbers are real. I am highly profitable. I wish others would do the exact same thing. I want everyone to be mining. via /r/Bitcoin http://bit.ly/2sqRscs

Is the 1050 Ti worth it atm?

Just wondering what everyone's thoughts are on this.

Submitted July 01, 2017 at 09:00AM by JesseSuave http://bit.ly/2taidiH

FakeSatoshi yells at the audience for not running $20,000 nodes, and EVERYONE APPLAUDS

https://www.youtube.com/watch?v=YAcOnvOVquo&t=9477 via /r/Bitcoin http://bit.ly/2tai7r6

Craig Wright and nChain

http://bit.ly/2ttFcrE

Submitted July 01, 2017 at 02:35AM by bigbombo http://bit.ly/2saKBzH

Looks like Segwit2x beta dropped. First impressions?

http://bit.ly/2ttygKV via /r/Bitcoin http://bit.ly/2saMSef

"Look, son!" (2027)

http://bit.ly/2svd5Un

Submitted July 01, 2017 at 02:31AM by TribalLoveAB http://bit.ly/2sZXxLV

More censorship by @rogerkver /Bitcoin.com/Bitcoin Unlimited. Youtube comments unanimously calling out the obvious BS deleted in bulk.

https://twitter.com/DanDarkPill/status/880770127507181575

Submitted June 30, 2017 at 11:08PM by foocoin http://bit.ly/2u7qBzn

Craig Wright and nChain

http://bit.ly/2ttFcrE via /r/Bitcoin http://bit.ly/2saKBzH

I want my...

http://bit.ly/2s8vUxe

Submitted June 30, 2017 at 02:05PM by dietrolldietroll http://bit.ly/2trEgnA

"Look, son!" (2027)

http://bit.ly/2svd5Un via /r/Bitcoin http://bit.ly/2sZXxLV

Craig Wright Threatens Bitcoin Community in Surprise Conference Speech

http://bit.ly/2sZsH63

Submitted June 30, 2017 at 11:19PM by Knickerbacher http://bit.ly/2sv5d5f

Bitcoin Mining Calculation

Hi there,

I'm trying to make a programme which, calculates mining profitability. Does anybody know the equation to calculate this? I'm looking for a calculation, not a calculator. Your help would be much appreciated.

Thanks!

Submitted July 01, 2017 at 01:56AM by mister_goodson http://bit.ly/2sv2Y1F

New Bitcoin ATM location in Punta Cana, Dominican Republic (Hotel Primaveral, USD, two-way)

http://bit.ly/2ssmUCe

Submitted June 30, 2017 at 02:19AM by BitRD http://bit.ly/2sX1jp9

Very nice to see that bitcoiners are not falling for the "cry wolf" FUD anymore...

So Jihan/Ver/Craig/D'Angelo scammers just orchestrated a FUD campaign to drop the price after possibly shorting Bitcoin. Luckily, bitcoiners are catching up to their tricks and when they cry wolf the effect is lesser and lesser, just like the old "China Bans Bitcoin Again!" trick vanished with time.Make them lose money, buy more right now.Edit for links:http://bit.ly/2sZNyG9 2: This also coincides with the release of Segwit2X Code:http://bit.ly/2suYIzj via /r/Bitcoin http://bit.ly/2sZMstY

Let's Talk Segwit2X with Jimmy Song and Eric Lombrozo (video)

https://www.youtube.com/watch?v=JTCB5bRGQj0

Submitted June 30, 2017 at 12:16PM by perspiration99 http://bit.ly/2tsSaVT

Roger Ver, Bitmain & Wright all cooperating together. These ARE bad actors. Do not trust them & call them out for what they really are.

https://twitter.com/theonevortex/status/880780986018963458

Submitted June 30, 2017 at 10:54PM by foocoin http://bit.ly/2u6KHK6

Valenok Becomes First Restaurant in Moscow to Accept Bitcoin

http://bit.ly/2tqRvEY

Submitted June 30, 2017 at 10:21AM by hanuuo http://bit.ly/2s8huxa

More censorship by @rogerkver /Bitcoin.com/Bitcoin Unlimited. Youtube comments unanimously calling out the obvious BS deleted in bulk.

https://twitter.com/DanDarkPill/status/880770127507181575 via /r/Bitcoin http://bit.ly/2u7qBzn

I'm looking at getting into bitcoin mining. Advice on low-cost hardware and starter tips / tricks would be great! I'm open to other crypto currencies -I do currently have a cloud mining contract but i think having my own hardware at it would be a lot more beneficial / better. Correct me if wrong...

No text found

Submitted July 01, 2017 at 12:50AM by johnwalkerjw http://bit.ly/2s9RFwG

Is the Antminer s1 still profitable?

The title says it. I have found an antminer s1 for $50 and was wondering if at this time of year it is profitable.

Submitted July 01, 2017 at 12:54AM by owendoesreddit http://bit.ly/2tsJAqI

Rodolfo Novak: Bitcoin BIP signalling is not an original feature it was introduced as courtesy to miners. #UASF is the original mechanism. We will use it.

https://twitter.com/nvk/status/880783042989740032

Submitted June 30, 2017 at 09:42PM by tiestosto http://bit.ly/2txQCe9

"We reject: kings, presidents and voting. We believe in: rough consensus and running code." -David Clark, IETF. For the bitcoin version: We reject mining cartels, chief scientists, and VC orchestrated voting. We believe in rough consensus and running code.

https://twitter.com/Excellion/status/880712344002854913

Submitted June 30, 2017 at 07:57PM by linktype http://bit.ly/2sph09V

Craig Wright Threatens Bitcoin Community in Surprise Conference Speech

http://bit.ly/2sZsH63 via /r/Bitcoin http://bit.ly/2sv5d5f

Coinmarketcap appears to be glitching (Bitcoin not crashing)

http://bit.ly/2clhLGr is currently reporting a price of $2067 USD, a drop of 18+% for bitcoin. This does not appear to be real:http://bit.ly/2ttWrZd shows no signs of a drop.The Markets tab in Coinmarketcap for bitcoin show no such drop in any of the markets.EDIT: They fixed it. Sort of. Now it lists the price as $2525.... but still says it is a 24hr drop of 19.18% :-D via /r/Bitcoin http://bit.ly/2urJ4WI

Eric Lombrozo‏: You can download binaries and source code for #UASF #BIP148 here: http://bit.ly/2ttVlwK

https://twitter.com/eric_lombrozo/status/880648352668438528 via /r/Bitcoin http://bit.ly/2ttWFj6

Craig Wright the scammer/fraudster and the sponsors [Bitmain, BTU altcoin, btc.com (under bitmain umbrella corp) and Roger Vermin bitcoin.com's] in a single pic

https://twitter.com/zeropassio/status/880754552462594048

Submitted June 30, 2017 at 08:29PM by linktype http://bit.ly/2ttk6ZV

Update (not for profit) : bitcoin moved!

Hello everyone!

2 years ago, you folks helped Family Enrichment and Counselling Services retrieve 1 full bitcoin in donations (19YHQ2c7YDGt6CMa9hcVAouahrjbFGBqT5) . This counselling service helps to subsidize services for those in need within the greater Fredericton region in New Brunswick, Canada. See this link for details.

I am writing to let you folks know that we have used the funds recently. The money has gone towards the further subsidization of the services, paying for counsellors and expenses. We recently lost some funding as a result of stricter budgets after conservative party budget changes from a few years ago, so this money really came in handy. In particular, our 5k grant typically received through United Way was not renewed this fiscal year.

I wanted to thank you folks once again for all that you have done for us.

Submitted June 30, 2017 at 07:19PM by omnombitcoin http://bit.ly/2soEvQt

Roger Ver, Bitmain & Wright all cooperating together. These ARE bad actors. Do not trust them & call them out for what they really are.

https://twitter.com/theonevortex/status/880780986018963458 via /r/Bitcoin http://bit.ly/2u6KHK6

Japanese Exchanges Roll Out Insurance to Help Merchants Accept Bitcoin Instantly

http://bit.ly/2ttEYAf via /r/Bitcoin http://bit.ly/2uriQnq

Rodolfo Novak: Bitcoin BIP signalling is not an original feature it was introduced as courtesy to miners. #UASF is the original mechanism. We will use it.

https://twitter.com/nvk/status/880783042989740032 via /r/Bitcoin http://bit.ly/2txQCe9

Nasdaq vs AdEx: Decentralized Ad Exchanges Battle against Ad Fraud

http://bit.ly/2trsGJe

Submitted June 30, 2017 at 09:09PM by coincrypto http://bit.ly/2s94zLr

Very high network fees

Hey, I wanted to send 0,008 Bitcoins via coinbase but the fees are about 195€. What am I doing wrong?Sorry for the question, but I am new in the bitcoin business.Edit: I am sending to my Neteller account via bitpay.Edit 2: Buying stuff at steam works fine, but still struggeling with Neteller. via /r/Bitcoin http://bit.ly/2t8mq6h

"We reject: kings, presidents and voting. We believe in: rough consensus and running code." -David Clark, IETF. For the bitcoin version: We reject mining cartels, chief scientists, and VC orchestrated voting. We believe in rough consensus and running code.

https://twitter.com/Excellion/status/880712344002854913 via /r/Bitcoin http://bit.ly/2sph09V

The Tao of Bitcoin Development

http://bit.ly/2txeBua

Submitted June 29, 2017 at 11:39PM by maskedgenius http://bit.ly/2u6niIM

Craig Wright is a SCAMMER and HOAXER!

http://bit.ly/2soz2Jr

Submitted June 30, 2017 at 07:52PM by chek2fire http://bit.ly/2t8nXcD

Craig Wright the scammer/fraudster and the sponsors [Bitmain, BTU altcoin, btc.com (under bitmain umbrella corp) and Roger Vermin bitcoin.com's] in a single pic

https://twitter.com/zeropassio/status/880754552462594048 via /r/Bitcoin http://bit.ly/2ttk6ZV

Update (not for profit) : bitcoin moved!

Hello everyone!2 years ago, you folks helped Family Enrichment and Counselling Services retrieve 1 full bitcoin in donations (19YHQ2c7YDGt6CMa9hcVAouahrjbFGBqT5) . This counselling service helps to subsidize services for those in need within the greater Fredericton region in New Brunswick, Canada. See this link for details.I am writing to let you folks know that we have used the funds recently. The money has gone towards the further subsidization of the services, paying for counsellors and expenses. We recently lost some funding as a result of stricter budgets after conservative party budget changes from a few years ago, so this money really came in handy. In particular, our 5k grant typically received through United Way was not renewed this fiscal year.I wanted to thank you folks once again for all that you have done for us. via /r/Bitcoin http://bit.ly/2soEvQt

How do I pay ransomware if my wallet is being held ransom?

Hello. My computer just got ecrypted by a ransomware but the ransomware is asking for bitcoins. My bitcoins are on the computer!!! What do I do?Edit: I have no backups: Rip me right? via /r/Bitcoin http://bit.ly/2soStlh

Craig Wright is a SCAMMER and HOAXER!

http://bit.ly/2soz2Jr via /r/Bitcoin http://bit.ly/2t8nXcD

Bitcoin is here to stay: Watch The Future of Bitcoin 2017 livestream - CalvinAyre.com

http://bit.ly/2u6jl6L via /r/Bitcoin http://bit.ly/2tx3K3d

dedicated bitcoin miner or gpu?

im interested in buying a miner i was thinking the s9, or i could buy a gpu. If i used the s9 how long would it take for me to break even?

Submitted June 30, 2017 at 05:29PM by undelb http://bit.ly/2sovYNx

I want my...

http://bit.ly/2s8vUxe via /r/Bitcoin http://bit.ly/2trEgnA

Let's Talk Segwit2X with Jimmy Song and Eric Lombrozo (video)

https://www.youtube.com/watch?v=JTCB5bRGQj0 via /r/Bitcoin http://bit.ly/2tsSaVT

Having trouble trying to setup solo mine

I know this has probably been said before but I'm using nicehash and I'm having lots of trouble trying to set up solo mine I saw their site but it was vague.

Submitted June 30, 2017 at 03:41PM by awesomerrol http://bit.ly/2tqUhu0

1000 UASF nodes!

http://bit.ly/2ssxTfa

Submitted June 30, 2017 at 05:45AM by beantheredone http://bit.ly/2sWT7Fl

Thursday, 29 June 2017

Valenok Becomes First Restaurant in Moscow to Accept Bitcoin

http://bit.ly/2tqRvEY via /r/Bitcoin http://bit.ly/2s8huxa

I have a question for anyone in the Americas actually mining with S9's.

Hope this sub isn't completely dead.

I just ordered a couple of S9's and will be running them here in northern freedom land. Each will have its own dedicated breaker. My question is, will my 15A 120V breakers be able to handle them without tripping?

Someone who mined with them before told me no, but by my calculations it's a Yes.

I'll be running each one through an EVGA 1600W supply. Since the S9's only draw ~1400W, the PSU will only draw 1400 from the breaker. The breakers each provide 1440 watts:

(120v * 15A = 1800w)*.80% = 1440w

We use an 80% load rule here so that's what the breakers are set to unless you use some kind of 'continuous 'breakers or simply swap em out for higher amperage.

That's my only question for now, thanks in advance!

Submitted June 30, 2017 at 12:46PM by BluntTruthGentleman http://bit.ly/2upKsJp

David Malones New Improved Magic Money Tree Quiz - Results

http://bit.ly/2uqhqcW

Submitted June 30, 2017 at 12:48PM by tonefreqhz http://bit.ly/2tsbpPp

.64 BTC in Mountain View California

Thank you for traveling with me.

This last location is special. It represents our past and informs our future. Bitcoin will be as transformational, if not more, than the exhibits you will see.

We are on the cusp of a massive change, the knee of the curve, and Bitcoin's countdown to greatness has already begun.

The location is the computer history museum in Mountain view california. it will cost you money to get in. only go in if you are interested in the exhibits. it will probably be gone by the time you get there. set your expectations appropriately. take this as an opportunity to learn and think about how we will transform the world with bitcoin.

there will be few, if any, clues. the museum is small enough and you are smart enough to figure it out. i reserve the right to be capricious.

be good to each other and enjoy the museum. and the hunt. let us know when you find it. i might be inclined to reward a good picture of the winner (pm me the privkey and I will juice things up for a public reddit pic of the winner).

if you want an edge read all the associated comments and posts

Submitted June 30, 2017 at 03:03AM by thisisforyounow http://bit.ly/2sryaz1

Ransomware Victims Pay $9,000 in Bitcoin, Receive No Decryption Keys

http://bit.ly/2s7AbAR

Submitted June 30, 2017 at 05:39AM by mrholmes1991 http://bit.ly/2tqgZSN

Global Cyberattack Seems Intent on Havoc, Not Extortion

By THE ASSOCIATED PRESS via NYT World http://nyti.ms/2ts5wSr

Altcoin mining profitability in the last few days

What's up guys,

Any ideas on why mining revenue is reaching a 50% low compared to the last weeks?

For instance, a GTX 1070 that used to make around $5 per day is now making half of it.

Any thoughts are appreciated.

Submitted June 30, 2017 at 10:54AM by gutothomas_ http://bit.ly/2sne4uC

BLOCKFOLIO Crypto Portfolio App Is Snooping On Users

http://bit.ly/2tquNfO

Submitted June 30, 2017 at 02:02AM by FluxSeer http://bit.ly/2uoI4mu

Central banks raise alarm over new crash after steep rise in lending

http://bit.ly/2sUTUXq

Submitted June 29, 2017 at 09:00PM by StrictlyOffTheRecord http://bit.ly/2sqVuwy

Global Cyberattack Seems Intent on Havoc, Not Extortion

By THE ASSOCIATED PRESS via NYT World http://nyti.ms/2tvu65x

Ransomware Victims Pay $9,000 in Bitcoin, Receive No Decryption Keys

http://bit.ly/2s7AbAR via /r/Bitcoin http://bit.ly/2tqgZSN

Can I get anything to mine with for $500?

I’ve got $500 and I’m looking to see if I can get any decent miner, I know the do get very expensive. What would you guys buy if you had $500?

Submitted June 30, 2017 at 07:49AM by Logeth16624 http://bit.ly/2sWzblW

Mining with Antminer s7

Is mining with the s7 still profitable? If not what pieces of hardware should I use? (Trying to keep it on a budget so cheaper than 1000 is better) Thanks

Edit: what is the most profitable mining hardware right now?

Submitted June 30, 2017 at 07:56AM by Lucasrod12 http://bit.ly/2sscByp

1000 UASF nodes!

http://bit.ly/2ssxTfa via /r/Bitcoin http://bit.ly/2sWT7Fl

Bitcoin Blues

A couple of years later I hear about them again through word of mouth. I think it's because the price had just crashed. Down to £300 per Bitcoin from £600. I was pretty shocked that they were worth so much more than I remembered. I checked my wallet, I had £90 worth left over. This is where I made my second mistake. I thought, they can't possibly go any higher, so I figured I'd cash out and buy some more weed.

Fast forward three more years. I finished university, I have a full time job and I've quit smoking weed. I see a gif on this subreddit with a motorcycle driver just barely hanging on and finishing the race. I check the current going rate for 1 bitcoin. £2,000 each. I check my wallet. 0.0002 bitcoins remain from my old stoner days.

Fuck my life.

Anybody else come across bitcoins early on but didn't have the foresight to hold on to them?

Submitted June 30, 2017 at 12:14AM by MrDannyBlob http://bit.ly/2sWk8Jj

New Bitcoin ATM location in Punta Cana, Dominican Republic (Hotel Primaveral, USD, two-way)

http://bit.ly/2ssmUCe via /r/Bitcoin http://bit.ly/2sX1jp9

Best Miner hardware?

Hello,

I was wondering what is the difference between mining etherium, BTX and bitcoin?

And what exactly is the difference between mining hardware, and why wouldnt I be able to use any particular mining hardware to mine any other, for example, would antminer help me mine any other cryptocurrency other than bitcoin?

Thanks

Submitted June 30, 2017 at 05:49AM by drodrii http://bit.ly/2troTuH

Think they bought it with Bitcoins?

http://bit.ly/2t4DESf

Submitted June 29, 2017 at 03:28PM by tampontowerviewer http://bit.ly/2skkMkW

Purchasing on @OpenBazaar 2.0 takes as little as 10s with the new internal wallet 😮😮

http://bit.ly/2ttXGZg

Submitted June 30, 2017 at 01:13AM by morebrownies http://bit.ly/2u3bKWH

.64 BTC in Mountain View California

Thank you for traveling with me.This last location is special. It represents our past and informs our future. Bitcoin will be as transformational, if not more, than the exhibits you will see.We are on the cusp of a massive change, the knee of the curve, and Bitcoin's countdown to greatness has already begun.The location is the computer history museum in Mountain view california. it will cost you money to get in. only go in if you are interested in the exhibits. it will probably be gone by the time you get there. set your expectations appropriately. take this as an opportunity to learn and think about how we will transform the world with bitcoin.there will be few, if any, clues. the museum is small enough and you are smart enough to figure it out. i reserve the right to be capricious.be good to each other and enjoy the museum. and the hunt. let us know when you find it. i might be inclined to reward a good picture of the winner (pm me the privkey and I will juice things up for a public reddit pic of the winner).if you want an edge read all the associated comments and posts via /r/Bitcoin http://bit.ly/2sryaz1

Bitcoin Blues

About five years ago I left home for university. I left my parents house and went to live in a big city in the north. I got there and didn't know anybody. In particular, I didn't know any weed dealers... I then discovered a nifty site on the deep web where you could buy drugs using a strange online-only currency called "Bitcoin". It took me a little while but I eventually figured out a way to get hold of them. Being in the UK it was apparently a bit more tricky than in the US. My first attempt involved buying the currency used in the game "Second Life", which I then converted into bitcoins. I bought 12 coins to buy £60 worth of weed. I spent them all. Over the next year I continued to buy weed with bitcoins. The price went up a bit, but obviously it didn't affect me as I always spent them immediately. After a while I found a proper dealer so I didn't need to use the site anymore. I forgot about bitcoins.A couple of years later I hear about them again through word of mouth. I think it's because the price had just crashed. Down to £300 per Bitcoin from £600. I was pretty shocked that they were worth so much more than I remembered. I checked my wallet, I had £90 worth left over. This is where I made my second mistake. I thought, they can't possibly go any higher, so I figured I'd cash out and buy some more weed.Fast forward three more years. I finished university, I have a full time job and I've quit smoking weed. I see a gif on this subreddit with a motorcycle driver just barely hanging on and finishing the race. I check the current going rate for 1 bitcoin. £2,000 each. I check my wallet. 0.0002 bitcoins remain from my old stoner days.Fuck my life.Anybody else come across bitcoins early on but didn't have the foresight to hold on to them? via /r/Bitcoin http://bit.ly/2sWk8Jj

Segwit Signalling at ~40% and rising

http://bit.ly/2sW93rz

Submitted June 30, 2017 at 12:48AM by walwallaby http://bit.ly/2sr0PEn

Possible to use Bitcoin Asics with Nicehash?

If you have a small asic miner for bitcoin can it be used with nicehash? I assume it wouldnt be mining bitcoin i would hope but do they have altcoins that it could be used with perhaps that would make it have some more life?

Submitted June 30, 2017 at 03:45AM by Tergi http://bit.ly/2s6wPht

Bitcoin Mining with Antminer S7

I just picked up 2 Antminer S7's for fun. Currently I am in Slush Pool. What are everyone's thoughts on Slush? I have heard good and bad things about both Antpool and Kano/CK. Any thoughts?

Submitted June 30, 2017 at 03:58AM by TheMonster0922 http://bit.ly/2sWALV7

Mining Rig Racks

I've just bought 20 ASIC machines and I'm trying to build a rack to mount all of them with ports for exhaust fans as well as central ac to blow through the case. Any building materials or tips to keep heat out of the case and reduce condensation from the cold and hot air mixing?

Feel free to post pics or your setups! :)

Submitted June 30, 2017 at 02:06AM by Orbitzz1 http://bit.ly/2slzB71

Should I still try mining

I've been looking in to gpu mining and bitcoins recently and it looks profitable but I hear gpu mining is not worth it anymore should I go for it

Submitted June 30, 2017 at 02:33AM by awesomerrol http://bit.ly/2sVYy7A

BLOCKFOLIO Crypto Portfolio App Is Snooping On Users

http://bit.ly/2tquNfO via /r/Bitcoin http://bit.ly/2uoI4mu

Purchasing on @OpenBazaar 2.0 takes as little as 10s with the new internal wallet 😮😮

http://bit.ly/2ttXGZg via /r/Bitcoin http://bit.ly/2u3bKWH

I got annoyed with people asking if they should sell their bitcoin the past few days so I made a website about it

http://bit.ly/2sqsbKE

Submitted June 29, 2017 at 10:44PM by woobaloobadickduck http://bit.ly/2sVhbst

Segwit Signalling at ~40% and rising

http://bit.ly/2sW93rz via /r/Bitcoin http://bit.ly/2sr0PEn

This guy has a BTC wallet implanted in his hand

https://www.youtube.com/watch?v=SJgWqbZBn6I&feature=youtu.be&t=54s

Submitted June 29, 2017 at 08:20AM by RipDankMeme http://bit.ly/2u3juIp

Why Alibaba Could Embrace Bitcoin Ahead of Amazon, Google, Others

http://bit.ly/2soWv8u

Submitted June 29, 2017 at 11:23AM by 8btccom http://bit.ly/2sTGNWy

Top 20 Cryptocurrencies since 2015

http://bit.ly/2sr0tgU via /r/Bitcoin http://bit.ly/2sVzlKo

Central banks raise alarm over new crash after steep rise in lending

http://bit.ly/2sUTUXq via /r/Bitcoin http://bit.ly/2sqVuwy

I got annoyed with people asking if they should sell their bitcoin the past few days so I made a website about it

http://bit.ly/2sqsbKE via /r/Bitcoin http://bit.ly/2sVhbst

Which Pool and software is good ??

I have no idea google it as well but no luck .. just let me know which pool and software will be good for beginners

Submitted June 29, 2017 at 10:44PM by mwc87 http://bit.ly/2s5oFWQ

US Dollar tanks hard

http://bit.ly/2tt8BTc

Submitted June 29, 2017 at 07:49PM by star5cream http://bit.ly/2u2dfVb

Adding nLocktime-based replay protection for Mycelium and Electrum for BIP148 Preparation

A topic that often came up during discussion is the use of nLocktime as a replay protection. Basically it works on the principle that nLocktimed transaction can't be relayed and mined before time specified in nLocktime field of Bitcoin transaction. As deadline to BIP148 draws nearer I’ve made an attempt to create Electrum and Mycelium fork that supports nLocktimed transaction.What you need to do is specify the block number where you want the transaction to be mined in the field given in the user interface. Before that particular block the transaction will not be mined and before block number – 1 the transaction will not be relayed. Since the only way for the legacy chain to survive is to be longer than BIP148 chain we can make it such that the transaction can only be mined in the legacy chain by setting the nLocktime to be higher than legacy chain block but lower than BIP148 chain block in legacy chain, sending your bitcoin to a new address, make sure for it to be mined then send the transaction in BIP148 chain without locktime using the original Electrum/Mycelium to a different address.If you happen to have the transaction broadcasted but not yet mined there is no worry since nLocktimed transactions are marked as non-final and can be replaced by marking the transaction as final. In a way this works like opt-in RBF that’s why you need to make sure to click the RBF checkbox in Electrum. I’ve also included this feature in Electrum by going to replace tab, right click, and click on increase fee. The dialog box will now ask you for a new address. Doing the same thing with Mycelium is a little bit tricky because Mycelium still accepts your transaction even if the chain is nowhere near the block time. So I’ve created yet another fork where you can resend your transaction. However this version will not send your transaction because Mycelium back-end will reject it for double-spending so what you need to do is paste your automatically copied transaction into somewhere you can push your raw transaction. You also only can input your new address using Clipboard because the inability to double spend the transaction makes it more difficult for me to do testing in Mycelium.You can check the binaries in releases tab but please make sure you play around in testnet first before you try it in the mainnet. You can do this with –testnet switch in Electrum and running testnet apk instead of prodnet in Mycelium. Mycelium binaries doesn't support resend feature though. You can compile them yourselves with Android Studio if you are interested.The implication of this kind of replay protection should be pretty obvious. It is much easier to sell Bitcoin in legacy chain than in BIP148 chain. That means if legacy chain’s value is higher than BIP148 chain that would mean there is a higher downward pressure for the value to move to BIP148 chain. When BIP148 chain’s value is actually higher the legacy chain will be wiped out. At this stage running Core is more dangerous than running BIP148. via /r/Bitcoin http://bit.ly/2toA1c8

Nicolas Dorier: "Segwit improve privacy of Tumblebit compared as how it works now"

https://twitter.com/NicolasDorier/status/880252191612715008

Submitted June 29, 2017 at 05:56PM by a56fg4bjgm345 http://bit.ly/2skBi4y

Is the New Ransomware Demanding Bitcoin More Dangerous Than WannaCry?

http://bit.ly/2ttgAQ6

Submitted June 29, 2017 at 09:53PM by coincrypto http://bit.ly/2u2apiM

US Dollar tanks hard

http://bit.ly/2tt8BTc via /r/Bitcoin http://bit.ly/2u2dfVb

Hello everyone, I make disaster-resistant cryptocurrency cold storage wallets. Here is one that sat melting in acid for over a day

http://bit.ly/2trlYmy

Submitted June 29, 2017 at 07:54AM by ProfBitcoin http://bit.ly/2u0BlQ8

Same old, same story. This pattern will repeat all the way to $100,000 and beyond...

http://bit.ly/2tnZbHY

Submitted June 29, 2017 at 11:47AM by DafarheezyRises http://bit.ly/2s4PrhT

This car at my university

http://bit.ly/2u1kfBA

Submitted June 29, 2017 at 03:10PM by factoree http://bit.ly/2tsdfRe

Cyberattack May Not Have Been Meant to Get Money

By THE ASSOCIATED PRESS via NYT World http://nyti.ms/2tt2pKY

Think they bought it with Bitcoins?

http://bit.ly/2t4DESf via /r/Bitcoin http://bit.ly/2skkMkW

Nicolas Dorier: "Segwit improve privacy of Tumblebit compared as how it works now"

https://twitter.com/NicolasDorier/status/880252191612715008 via /r/Bitcoin http://bit.ly/2skBi4y

This car at my university

http://bit.ly/2u1kfBA via /r/Bitcoin http://bit.ly/2tsdfRe

Unbelievable! 20.000.000 Satoshis Daily!

http://bit.ly/2u1HP11

Submitted June 29, 2017 at 04:52PM by MrRoyal007 http://bit.ly/2tsjKUj

I've been running a Bitcoin full node since 19 May 2011, and I just started enforcing BIP148.

I've run a lot of versions of Bitcoin Core on my full node over the years, and I'm proud to now be enforcing BIP148. Let's end this stalemate and send Jihan a message that we will take his bullying no more.

0.3.21 – 19 May 2011
0.3.22_rc5 – 27 May 2011
0.3.22 – 8 June 2011
0.3.23 – 28 June 2011
0.3.24 – 22 July 2011
0.4.0_rc1 – 6 September 2011
0.4.0_rc2 – 12 September 2011
0.4.0 – 26 September 2011
0.4.1_rc2 – 11 November 2011
0.4.1 – 2 December 2011
0.4.2 – 16 December 2011
0.5.1 – 3 January 2012
0.5.2_rc1 – 8 January 2012
0.5.2 – 12 January 2012
0.5.3_rc3 – 9 March 2012
0.5.3 – 17 March 2012
0.6.0_rc4 – 24 March 2012
0.6.0_rc5 – 30 March 2012
0.6.0 – 5 April 2012
0.6.2 – 9 May 2012
0.6.3_rc1 – 25 June 2012
0.6.3 – 29 June 2012
0.7.0_rc1 – 5 September 2012
0.7.0_rc2 – 12 September 2012
0.7.0 – 29 September 2012
0.7.1 – 1 November 2012
0.7.2 – 11 January 2013
0.8.0 – 5 March 2013
0.8.1 – 29 March 2013
0.8.2 – 5 June 2013
0.8.3 – 17 July 2013
0.8.4 – 11 September 2013
0.8.5 – 13 September 2013
0.8.6 – 8 January 2014
0.9.0 – 24 March 2014
0.9.2 – 17 June 2014
0.9.2.1 – 30 June 2014
0.9.3 – 4 October 2014
0.9.4 – 14 January 2015
0.9.5 – 30 May 2015
0.10.2 – 30 June 2015
0.10.4 – 14 December 2015
0.12.0 – 16 May 2016
0.12.1 – 14 June 2016
0.14.2/UASF-Segwit:0.3 – 28 June 2017

Submitted June 29, 2017 at 07:14AM by whitslack http://bit.ly/2sSTOiR

Same old, same story. This pattern will repeat all the way to $100,000 and beyond...

http://bit.ly/2tnZbHY via /r/Bitcoin http://bit.ly/2s4PrhT

Are USB miners worth it?

I don't want to spend too much on mining and am looking to buy a USB miner. Put links to miners if you recommend any. thanks. I understand that you might have to invest in like an ant miner or something. But again I am just asking if USB miners are worth the 💰.

Submitted June 29, 2017 at 03:56PM by joshkmartinez http://bit.ly/2sp0zWs

Looking to buy a asic miner, some questions

So I recently got into crypto currencies and would like to contribute and get more involved with everything.

I am thinking of getting a cheap asicminer like the Antminer S5. My company has already a bunch of servers standing around and has because of that a cheaper agreement with the power companies here. I am thinking of just leaving the thing under my table, use it for learning more about bitcoins and forget it the other days.

So my questions:

Solo vs Pool. The way I see it is that one miner alone will not give me a lot of power, but the chance of getting lucky and occasionally hitting a hash through pure luck seems to be a possibility? Given the setup, what would be a average payout if joining a pool?
I am not that familiar with the differences in coins, but can the antminers be setup to mine other coins easily? For example if I want to point it towards etherum. How feasable is it to automatically split mining time on each coin?
Are these usually just linux boxes that allow me to setup my own software?

I read on some reports that the s5 is way too loud and inefficient for mining. Can you recommend something else that would be better for a beginner and potentially more silent?

/ EDIT: looks like I just answered a question of mine: The antminers can only mine SHA-256 based coins, so Etherum would be out. Are there any alternatives that could?

Submitted June 29, 2017 at 02:44PM by ThaiEveryday http://bit.ly/2ul3z7G

Wednesday, 28 June 2017

Uber and Lyft should allow drivers to accept bitcoin

I think both companies would benefit greatly if they allowed drivers to accept bitcoin payments for a number of reasons. First, a lot of the drivers that I have rode with, especially in larger cities, are foreign and in talking to them, a lot send money back home. If bitcoin were accepted, this money would be safer and easier to send. Second, it would be a great PR move for both companies as they both promote themselves as technology companies. Lastly, it would allow for more privacy and security with payments. Many credit/debit card users are uneasy about keeping their card information on a third party application or a mobile device.

Any thoughts?

Submitted June 29, 2017 at 04:58AM by obxnc http://bit.ly/2uk1gle