Saturday, 30 November 2019

Daily Discussion, December 01, 2019


Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.We have a couple chat rooms now!GeneralPrice TalkPlease check the previous discussion thread for unanswered questions. via /r/Bitcoin http://bit.ly/2Y5ibIj

American Citizen Arrested for Educating North Korea on Blockchain and Crypto

http://bit.ly/33xOAZf

Submitted December 01, 2019 at 02:55PM by cryptosyringe http://bit.ly/2r52zbw

Bitcoin Fails to Break $7.8K and Now Risks Reversing to New Lows

http://bit.ly/35NBvwg

Submitted December 01, 2019 at 02:56PM by cryptosyringe http://bit.ly/2OD14ue

Saw the German flag on the front page and thought it would be the right time to share this


​http://bit.ly/2OCmqI5 0.25 Mark to 10,000,000,000 Mark over a time period of 3 years (1920-1923). Every time I walk past these pieces of paper I am reminded why I got into Bitcoin.All it takes is memorizing 12 words and I can crawl across any border on this planet carrying my entire net worth with me. Those signs at airports that read "Amounts above $X must be declared"? They feel like a surreal anachronism. via /r/Bitcoin http://bit.ly/35JV6gO

Elites Create Money From Thin Air While we Have to Work for Ours - Bitcoin Fixes This


http://bit.ly/2svUKvX via /r/Bitcoin http://bit.ly/35SfNqO

When you FOMO buy BTC at 20 k $ and panic sell at 3 k $

http://bit.ly/33Co6FT

Submitted December 01, 2019 at 03:21AM by Ksenofanex http://bit.ly/2szRCPX

You guys loved the last clip from the bitcoin mobile game I'm working on, so heres another. (Questions for the community in the comments)

http://bit.ly/33EERjz

Submitted December 01, 2019 at 05:40AM by Oxygenjacket http://bit.ly/37RHyBH

Does this mean he bought this without BTC? Or he bought this and NOW he has zero BTC?

http://bit.ly/2sA0xkp

Submitted November 30, 2019 at 01:39PM by Mjabearman http://bit.ly/35MBQPQ

The best use of $s


http://bit.ly/2RbW950 via /r/Bitcoin http://bit.ly/35Nt2Jp

What would you do today with free 20 kw/h electricity?

Greetings,

I'm in need of advice and any help would be much appreciated.

I've stumbled upon free electricity (college has renewable energy) and started research on crypto mining but since this territory is changing all the time I have trouble identifying the reliable source and I don't know anyone who is a miner.

What gear would you set up today with that available power and what would you mine if you have hands free to decide?

And yes, what online source do you use to make those decisions for the future?



Submitted November 30, 2019 at 06:48PM by Luk4_M http://bit.ly/37PnTT3

Jeffrey Epstein, Blackmail and a Lucrative ‘Hot List’


By Jessica Silver-Greenberg, Emily Steel, Jacob Bernstein and David Enrich via NYT Business Day https://nyti.ms/2P2REai

Bitcoin’s Initial Block Download Performance Tests

http://bit.ly/2DrKjMc

Submitted November 30, 2019 at 05:05AM by NimbleBodhi http://bit.ly/2L68SCI

Bitcoin Price Eyes $8,000 as Bloomberg Signals New Buying Trend

http://bit.ly/2rGS7XG

Submitted November 30, 2019 at 04:05PM by cryptosyringe http://bit.ly/2DxBYqd

Bitcoin Price Hits Tipping Point Above $7.6K — Pivotal Weekend Ahead

http://bit.ly/35Keb2z

Submitted November 30, 2019 at 04:05PM by cryptosyringe http://bit.ly/2r2l8Nw

Dwight Shrutte from The Office is asking for your Bitcoins

http://bit.ly/33uxTh7

Submitted November 30, 2019 at 06:17AM by qazwsx1112 http://bit.ly/2Y4G2aX

Ethereum developer arrested for traveling to North Korea, accused of assisting NK on how to evade sanctions via use of "blockchain technology" and "smart contracts".

http://bit.ly/2Ovzmzs

Submitted November 30, 2019 at 06:13AM by StopAndDecrypt http://bit.ly/2OTqaE6

Growing pains. There will never be 21 million active Bitcoins.

http://bit.ly/2Y1V3dS

Submitted November 30, 2019 at 06:41AM by ThrowAway34pl http://bit.ly/34AKK2H

How Well Do Americans Understand Money? 29% believe that the US dollar is backed by gold, 26% believe banks are required to keep 100% of the money deposited by customers, 54% of respondents believe that the Federal Reserve Banks are owned solely by the US government ....

http://bit.ly/2DtqTX8

Submitted November 30, 2019 at 07:39AM by bitsteiner http://bit.ly/2OYdcFe

nobody touch anything

http://bit.ly/2Ox6GpW

Submitted November 30, 2019 at 08:46AM by btcmiss http://bit.ly/35NRVVr

Friday, 29 November 2019

HEX Is The 1st High Interest Paying Blockchain & Is 100% Free For All BTC Holders! CLAIM YOUR FREE HEX AIRDROP IN 3 DAYS (BTC SNAPSHOT 12/2, CLAIM AVAILABLE 12/3). Hex Was Designed By Crypto Vet Richard Heart To 1000x WHILE Paying You Interest. Use The Link Inside & GET 10% MORE HEX When Claiming!



Submitted November 30, 2019 at 02:09PM by FrenchCanadian7657 http://bit.ly/2OVsv1r

Bitcoin Gets a Big Boost in Germany After Banks Allowed to Offer Cryptocurrencies

http://bit.ly/2Dwr444

Submitted November 30, 2019 at 02:16PM by Moustache_Group http://bit.ly/37R1oNx

Daily Discussion, November 30, 2019


Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.We have a couple chat rooms now!GeneralPrice TalkPlease check the previous discussion thread for unanswered questions. via /r/Bitcoin http://bit.ly/2DrueWX

Question by a newbie about power regulation on mining

Hi, I'm totally new to mining and I had a question. Does the software allow to regulate how intensely it's working? Or is it always automatically at maximum? Do I then have to use external methods to regulate power consumption?



Submitted November 30, 2019 at 12:56PM by Freschledditor http://bit.ly/2OyuFF1

Any online service to host miners?

Is there any online service where I can ship a miner to them or give them money to buy a miner and run it and I can pay them maintenance cost. Or any good cloud mining services for asic mining.



Submitted November 30, 2019 at 11:56AM by david55721 http://bit.ly/34zXdUm

How Well Do Americans Understand Money? 29% believe that the US dollar is backed by gold, 26% believe banks are required to keep 100% of the money deposited by customers, 54% of respondents believe that the Federal Reserve Banks are owned solely by the US government ....


http://bit.ly/2DtqTX8 via /r/Bitcoin http://bit.ly/2OYdcFe

nobody touch anything


http://bit.ly/2Ox6GpW via /r/Bitcoin http://bit.ly/35NRVVr

Coinbase patents platform to fight illegal bitcoin activity

http://bit.ly/2R3V5jC

Submitted November 30, 2019 at 01:12AM by Tennis3765 http://bit.ly/2OXGG5T

Bakkt CEO to Become a US Senator

http://bit.ly/2Ds8tWL

Submitted November 30, 2019 at 05:02AM by krudler420 http://bit.ly/2DwneIl

Dwight Shrutte from The Office is asking for your Bitcoins


http://bit.ly/33uxTh7 via /r/Bitcoin http://bit.ly/2Y4G2aX

Ethereum developer arrested for traveling to North Korea, accused of assisting NK on how to evade sanctions via use of "blockchain technology" and "smart contracts".


http://bit.ly/2Ovzmzs via /r/Bitcoin http://bit.ly/2OTqaE6

Hodl Hodl now allows to exchange BTC on-chain for Lightning BTC

http://bit.ly/2rD0zr0

Submitted November 29, 2019 at 11:19PM by artur97 http://bit.ly/34z7U9N

My nocoiner mum just tried to call me at work. Didn’t expect this.

http://bit.ly/2suV4v5

Submitted November 29, 2019 at 06:45PM by Devil_Hand http://bit.ly/2qYsWjn

New Law Proposed In Germany Would Legalize Banks Holding Bitcoin

http://bit.ly/34wPZR1

Submitted November 29, 2019 at 07:27PM by Danirose182 http://bit.ly/2L4VOgO

What will happen when Bitcoin mining rewards go away / Boing Boing

http://bit.ly/2rzp4FA

Submitted November 29, 2019 at 07:46PM by montanezjeffreys http://bit.ly/33sbotn

German banks to offer Bitcoin custody by 2020


https://yhoo.it/2L4LmG9 via /r/Bitcoin http://bit.ly/35QVw5j

My nocoiner mum just tried to call me at work. Didn’t expect this.


http://bit.ly/2suV4v5 via /r/Bitcoin http://bit.ly/2qYsWjn

Decided that I’m going to release my Bitcoin Bible Book I wrote as a 17 year old for free!

http://bit.ly/37NrtNB

Submitted November 29, 2019 at 02:00AM by OGKebabEater http://bit.ly/2OXjfd0

GERMAN BANKS COULD STORE BITCOIN AND PROVIDE CRYPTO SERVICES SOON

http://bit.ly/2OsvMpP

Submitted November 29, 2019 at 10:17AM by Sheezos http://bit.ly/2rE3OyE

When I googled "where to sell precious metals for bitcoin" Apparently, the gold bugs have been joking about us since 2013. 🤣


http://bit.ly/34xafly via /r/Bitcoin http://bit.ly/2DtJtyA

A while ago I saw that a user posted one of my mugs on r/bitcoin. The communities response was amazing and it had me smiling for the rest of the day. Long story short, I'm giving away some mugs to fellow hodlers for the holidays.

http://bit.ly/2DtOyGZ

Submitted November 29, 2019 at 02:19PM by dont_drink_the_milk http://bit.ly/2OtHjFw

Stocks Slip on Trade Worries as Record High Stays Elusive


By Reuters via NYT Business Day https://nyti.ms/2Ou8BLO

Africa ‘Will Define’ the Future of Bitcoin - Twitter CEO Jack Dorsey

http://bit.ly/2R1otqY

Submitted November 29, 2019 at 04:47PM by cryptosyringe http://bit.ly/2q0REPI

New EU law: Banks allowed to hold and sell Bitcoin as of 2020

http://bit.ly/2sl3FjJ

Submitted November 29, 2019 at 04:53PM by cryptosyringe http://bit.ly/2OznnRH

Thursday, 28 November 2019

New Research Challenges Bitcoin Mining’s Impact on the Environment

This article comes from: https://dashnews.org/new-research-challenges-bitcoin-minings-impact-on-the-environment/

New research published in the The New Scientist challenges previous research by arguing that Bitcoin mining has a smaller carbon footprint than previously thought.

https://preview.redd.it/of9j1pv0nk141.png?width=881&format=png&auto=webp&s=6fbbba0851c117e0be78f3269b9f92b47599c1aa

The previous research accused Bitcoin mining of contributing as much as 63 megatonnes of CO2 per year, but Massimo Pizzol and Susanne Köhler at Denmark’s Aalborg University point out in their paper that the original research made too many assumptions about energy consumption. Pizzol and Köhler show that carbon emissions from electricity generation and mining fractions are not uniform across China, as the original findings argued. Instead, 12.3% of Bitcoin mining comes from Inner Mongolia, which relies on coal for energy production. This then translate to Mongolia contributing 26.2% to Bitcoin’s overall carbon footprint, which is then counterbalanced by mining contributions coming from Sichuan that is able to generate significant electrical supply via hydropower.

The authors also noted that while the carbon footprint of Bitcoin is on the rise, the statistics should be kept in perspective.“On the one hand, we have these alarmist voices saying we won’t hit the Paris agreement because of Bitcoin only. But on the other hand, there are a lot of voices from the Bitcoin community saying that most of the mining is done with green energy and that it’s not high impact.”

Proof-of-Stake provides potential alternative with tradeoffs

Processing transactions and validating the blockchain was originally only done via mining with computers solving complex algorithms, but proof-of-stake (POS) has since been developed as an alternative. POS leverages coins locked into a wallet (staked) by holders of the coin to validate other transactions on the network. This avoids the issue of consuming intense amounts of energy, but also raises additional concerns such as centralization and security risks.

POS coins tend to create most of their total coin supply at the creation of the coin, which means that it is often only early adopters that will have a large concentration of said coins, and thus, coins created for payouts to stakers will mostly go to early adopters. This means that there tends to remain a large centralization risk, as opposed to mining where, theoretically, anyone can buy a mining rig for a couple thousand USD and begin mining said cryptocurrency and get rewards for doing so. However, mining has also developed centralization risks due to the creation of large mining farms that make it very difficult for small players to see any significant returns.

The other risk of POS coins is a security concern since there have been attacks on proof-of-stake coins, including by “faking” staking data. Nevertheless, attack vulnerability isn’t exclusive to proof-of-stake coins since proof-of-work coins can also be attacked via various methods.

Dash provides a middle ground between the two

Dash secures its network via a mix between the two methods by using both proof-of-work through miners and proof-of-stake through masternodes that stake 1000 Dash. The network then pays both miners and masternodes 45% for doing work and the remaining 10% is allocated to the treasury each month. This helps ensure that the network can get the benefits of both methods to further secure the network without risking too much centralization as other coins have seen. As an example of its effectiveness, Dash was even ranked as the most decentralized coin earlier this year by Are We Decentralized Yet?

Dash then further enhances its security via ChainLocks that allows masternodes to lock-in the first seen transaction and this provides much more protections against 51% attacks than any other POW or POS coin. However, this has also prompted Dash Core Group to pose the question of reevaluating the block distribution split since miners might have become more redundant in the system.



Submitted November 29, 2019 at 02:43PM by Moustache_Group http://bit.ly/33rzc0h

A while ago I saw that a user posted one of my mugs on r/bitcoin. The communities response was amazing and it had me smiling for the rest of the day. Long story short, I'm giving away some mugs to fellow hodlers for the holidays.


http://bit.ly/2DtOyGZ via /r/Bitcoin http://bit.ly/2OtHjFw

Daily Discussion, November 29, 2019


Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.We have a couple chat rooms now!GeneralPrice TalkPlease check the previous discussion thread for unanswered questions. via /r/Bitcoin http://bit.ly/2st7DqH

Bitcoin is the largest peaceful protest in history.

http://bit.ly/2DciLuh

Submitted November 29, 2019 at 06:17AM by RhythmTrader http://bit.ly/2OtfZqU

Two of my favorite pieces of technology.

http://bit.ly/2QYRhjF

Submitted November 29, 2019 at 08:10AM by Bitcoin1776 http://bit.ly/2rBUsDc

GERMAN BANKS COULD STORE BITCOIN AND PROVIDE CRYPTO SERVICES SOON


http://bit.ly/2OsvMpP via /r/Bitcoin http://bit.ly/2rE3OyE

Bitcoin is the largest peaceful protest in history.


http://bit.ly/2DciLuh via /r/Bitcoin http://bit.ly/2OtfZqU

Two of my favorite pieces of technology.


http://bit.ly/2QYRhjF via /r/Bitcoin http://bit.ly/2rBUsDc

We are just in the beginning of next cycle!


http://bit.ly/2R2bVzq via /r/Bitcoin http://bit.ly/2DpAkqJ

We are just in the beginning of next cycle!

http://bit.ly/2R2bVzq

Submitted November 29, 2019 at 07:44AM by 8w2e5s6h8r6a5n9e0a3s http://bit.ly/2DpAkqJ

KYC measures in this space are extreme and beyond what’s required by law. Where does the line get drawn?

Coinbase just applied for a patent on a KYC process that’s far more draconian than required. https://www.coindesk.com/coinbase-patents-automated-kyc-enforcement-tool

At what point do people stand for privacy anymore? These measures take control away from individuals and give them to financial establishments whose goals are self serving. Do people just simply not care about individual liberties anymore? If people do care, why are we collectively being so silent while this occurs?



Submitted November 29, 2019 at 05:14AM by Zinclepto http://bit.ly/2XUpse1

Survey: 17% of U.K Investors With Assets Above £10,000 Hold Cryptocurrency


http://bit.ly/2OUaPTI via /r/Bitcoin http://bit.ly/2XW8FHa

Bring On Black Friday!


http://bit.ly/2KZHQwH via /r/Bitcoin http://bit.ly/37KhOaz

Coldcard, Opendime, Blockclock and all products other Coinkite products for 20% OFF this week. 🔥

http://bit.ly/2XQLZbo

Submitted November 28, 2019 at 03:38AM by rnvk http://bit.ly/2KZrdRP

Bakkt Futures Set New Record, 3151 Bitcoin Worth $23M Traded


http://bit.ly/2R52kIp via /r/Bitcoin http://bit.ly/34uSdAa

Gold or bitcoins?


http://bit.ly/2OUObdN via /r/Bitcoin http://bit.ly/2XWFhR7

Trade volume on Bakkt is at new highs.


http://bit.ly/2XUqneb via /r/Bitcoin http://bit.ly/2OwgXml

#bitcoin


http://bit.ly/35CSgdm via /r/Bitcoin http://bit.ly/34t3zov

Tales from the Crypt: Bisq. A must listen to all noobs

http://bit.ly/2q3yoRO

Submitted November 28, 2019 at 02:14AM by Mr--Robot http://bit.ly/2OUWvKy

Institutional Investors Are Pouring Into Bitcoin Derivatives

http://bit.ly/2QYKPZX

Submitted November 28, 2019 at 04:22PM by cryptosyringe http://bit.ly/2shUTD4

Bitcoin Optech Newsletter #74

http://bit.ly/35BSRfx

Submitted November 27, 2019 at 09:05PM by chiefy81 http://bit.ly/2XOMfry

Wednesday, 27 November 2019

PlusToken Scam Selling Could Dump BTC Price For the Next Two Months

http://bit.ly/2XYlocv

Submitted November 28, 2019 at 02:57PM by cryptosyringe http://bit.ly/2qSf9ei

Bitcoin mining is sucking Georgia’s vitality grid dry — on the other hand it doesn’t subject

This article comes from https://nunewsindustry.com/bitcoin-mining-is-sucking-georgias-vitality-grid-dry-on-the-other-hand-it-doesnt-subject/3087/

Bitcoin BTC mining in the Eurasian country of Georgia is reportedly “sucking its power grid dry,” but it doesn’t matter because the country has reserves of hydroelectric power. According to BBC Sounds podcast, Business Daily, Georgia is now the world’s third largest miner of Bitcoin, behind China and Venezuela. However, it’s not good news for…

Bitcoin BTC mining within the Eurasian country of Georgia is reportedly “sucking its vitality grid dry,” on the other hand it doesn’t subject on narrative of the country has reserves of hydroelectric vitality.

In step with BBC Sounds podcast, Industry Day by day, Georgia is now the arena’s third finest miner of Bitcoin, within the relieve of China and Venezuela.

Nonetheless, it’s no longer moral news for some. David Chapashvili from Inexperienced Vitality, an environmental rigidity neighborhood, criticizes the put collectively for how worthy electricity it consumes.

Bitcoin mining is Gulping up electricity

Paperwork proven to Industry Day by day by the environmental neighborhood listing that one BitFury-owned Bitcoin mining farm is “guzzling” up 4 percent of the country’s electricity. That’s bigger than 389 million kilowatt hours in raw numbers.

However this is graceful one manufacturing facility. Chapashvili says the country in actuality has no figuring out of the total affect cryptocurrency mining is having on Georgia’s vitality consumption.

“There are moderately a number of micro-miners,” he said. “Even as you occur to request a moderately easy query to the ministry admire which sector is ingesting [energy] Georgia doesn’t possess this more or less prognosis.”

“Without a doubt, undoubtedly we don’t know what’s going on or what number of customers are [mining Bitcoin],” Chapashvili added.

The environmental rigidity neighborhood estimates that Bitcoin mining is the utilization of larger than 10 percent of the country’s vitality presents.

Nonetheless, representatives from BitFury mutter its vitality utilize isn’t worthy in case you compare it to the vitality required to mine pale precious steel mining.

However it’s a more or less non-field.

Most of Georgia is in actuality powered by renewable vitality. In step with statistics from the Global Vitality Company (IEA), bigger than 80 percent of the country’s vitality comes from hydro vitality.

There’s additionally an vitality surplus within the country, so it’s some distance prone to be argued that it doesn’t in actuality subject hat Bitcoin mining makes utilize of so worthy of its vitality.

Georgia, Vitality, hydro

Credit: IEA

Electrical energy skills by source in Georgia from 1990 to 2017

What’s more, in response to government sustainable building neighborhood Make investments In Georgia, the country is easiest exploiting 25 percent of its ability in the case of renewable vitality manufacturing.

BitFury even says the presence of cryptocurrency miners within the country is in actuality using make stronger for renewable vitality.

Inserting mining centers next to hydroelectric vegetation to use the extra of renewable vitality in actuality puts the vitality to moral utilize. Within the intervening time, the country can develop the infrastructure required to profit from of it.

If the leisure, it’s a moral enlighten that Bitcoin miners are utilizing the green, hydroelectric vitality. It’s turning what might be in some other case unused, surplus vitality into a transferable store of value that might traipse spherical the arena.



Submitted November 28, 2019 at 02:47PM by Moustache_Group http://bit.ly/34nQZH3

Bitcoin isn't a substitute for a career that most people need to be able to stack sats in the first place, ffs.


https://twitter.com/nickszabo4/status/1199761322692493314?s=21 via /r/Bitcoin http://bit.ly/35JmpYu

Daily Discussion, November 28, 2019


Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.We have a couple chat rooms now!GeneralPrice TalkPlease check the previous discussion thread for unanswered questions. via /r/Bitcoin http://bit.ly/2OqsVhe

#Bitcoin is a Monetary Batman

http://bit.ly/2KZc4jA

Submitted November 27, 2019 at 05:46PM by eljaboom http://bit.ly/2ryQ1ta

Daily Discussion, November 27, 2019

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

We have a couple chat rooms now!

Please check the previous discussion thread for unanswered questions.



Submitted November 27, 2019 at 03:00PM by rBitcoinMod http://bit.ly/33ooJ5R

[Lightning Network] Tippin button to get Bitcoin tips on your own web/blog/whatever, through LN (UPDATE)

Hi all!

A few months back, I released this button as an option to receive Lightning Network tips on your Tippin account easily: You sign up at Tippin, you copy the button code & paste it on your web, and you are all set.

However, there were some bugs and incompatibilities that should be fixed with this update. Also, now there is a *Dark mode*, in case the pink button was a little too much for your web color scheme.

Here you have a short video showing the new design: https://twitter.com/tippin_me/status/1199798669211578368
(The updated code is live on Tippin.me)

Hope you enjoy it!

PS: As a bonus, know that if you have your own node linked to Tippin (A beta feature announced from time to time), you will be receiving those tips on your own node, by just placing this button whenever you want!



Submitted November 28, 2019 at 05:20AM by Eiprol http://bit.ly/2qHJEUl

in light of Upbit hack...

today, a major South Korean exchange Upbit was hacked and there's report that ~$50M worth of Ethereum is lost.

multiple studies show that a lot of people store their Bitcoin/crypto on the exchange, never bothering to secure it themselves.

this is wrong way to do Bitcoin. yes, i'm aware that it's been said numerous times before, but even if 10 people read it and do it properly, i'll take it as an achievement.

you shouldn't trust your exchange with more than you're changing for your monthly needs.

time to make your own wallet, maybe even invest into hardware wallet if you have more than you can afford to loose.

do your own security research and do it now. multiple articles on the net on how to secure coins properly. don't wait for "proof of keys" day, do it today. exchanges are not bank accounts and not there for you to store your wealth.

thanks.



Submitted November 27, 2019 at 06:21PM by btcluvr http://bit.ly/34qvGol

Someone is DDoS http://bit.ly/2j03jYy .... Holly fuck, someone must be pissed for me to fight the BitLicense. Can't be Anonymous so must be the corporate overload.


http://bit.ly/2skfF4Z via /r/Bitcoin http://bit.ly/2L0k3wE

Crypto community urges Jack Dorsey to memorialize Bitcoin pioneer Hal Finney’s Twitter account


http://bit.ly/2OpmNFY via /r/Bitcoin http://bit.ly/2sme52B

Crypto community urges Jack Dorsey to memorialize Bitcoin pioneer Hal Finney’s Twitter account

http://bit.ly/2OpmNFY

Submitted November 28, 2019 at 01:40AM by lo8 http://bit.ly/2sme52B

Retweet and @jack with hashtags to #memorialize #halfinney #runningbitcoin to save this account

https://twitter.com/halfin/status/1110302988

Submitted November 28, 2019 at 01:52AM by OttoMoneyWars2028 http://bit.ly/2QVh78k

Soon we will have Bisq on mobile!

https://twitter.com/pedromvpg/status/1197861351756124162

Submitted November 28, 2019 at 01:46AM by Mr--Robot http://bit.ly/33r7Wz4

Does anyone know where I could pick up one of these? Looking to get robbed.


http://bit.ly/33p0VyL via /r/Bitcoin http://bit.ly/2QWLPhe

Cgminer 3.7.2 Error

whenever I try to run it I get the error "Invalid config option --kernel: Cannot specify a kernel with scrypt". My current file looks like this: https://pastebin.com/PnQGzZg1. May someone please tell me how I can fix this error.



Submitted November 27, 2019 at 03:28PM by Poll_astre http://bit.ly/2ONqPXF

Bitcoin Versus Big Brother: Financial Rights Are Human Rights - Alex Gladstein, SlushHQ

http://bit.ly/35B9dFe

Submitted November 27, 2019 at 02:38AM by BashCo http://bit.ly/34mDuY1

Tuesday, 26 November 2019

My Kinda Dinner!


http://bit.ly/37I4V0L via /r/Bitcoin http://bit.ly/2OnS4Jc

Daily Discussion, November 27, 2019


Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.We have a couple chat rooms now!GeneralPrice TalkPlease check the previous discussion thread for unanswered questions. via /r/Bitcoin http://bit.ly/33ooJ5R

6 Most Weird Techniques Used For Bitcoin Mining So Far

This news comes from https://www.livebitcoinnews.com

Bitcoin continues hitting the news for a variety of reasons. It is the most popular cryptocurrency and with increasing acceptance across industries, more people want to enjoy a piece of the pie.By the end of 2018, the global value of Bitcoin reached 66 billion U.S. dollars.

One of the greatest offshoots of Bitcoin’s growth is Bitcoin mining. It is essential for the survival of the cryptocurrency as it deals with creating new bitcoins. It is one of the most popular activities with techies seeking to cash in on the Bitcoin craze. The idea of mining cryptocurrency might sound farfetched, but the investments going into this activity are enormous.

Success as a Bitcoin Miner

The hardware and software required for Bitcoin mining are expensive and this has seen investors injecting millions of dollars into their projects. Miners require specialized computers and software to get the job done. There’s also the high cost of electricity and bandwidth which makes it difficult for everyone to join the fray.

How does Bitcoin mining work? If you want to succeed in Bitcoin mining, you need dedicated processing power, a lot of energy supply, cutting-edge ASIC mining hardware, and a lot of time. In a slow global economy, Bitcoin mining remains a viable income-generating activity. You enjoy insulation from inflation and you don’t have to worry about capital controls.

As the interest around Bitcoin continues, it is interesting to note some of the most brazen techniques Bitcoin miners have tried so far.

1.Using the Apollo Guidance Computer (AGC)

The creation of the Apollo Guidance Computer (AGC) was solely to guide U.S rockets to the moon. It was one of the earliest computers made and it was huge and slow. With computing power in high demand for Bitcoin mining, a restoration team consisting of Ken Shirriff, Carl Claunch, Marc Verdiell and Mike Stewart tried reviving the AGCA for this task. The AGC team was however disappointed by the results. At a hash rate of 10.3 seconds per Bitcoin hash, the team discovered it would take billions of years to mine a Bitcoin block.

2.Mobile Data Mining With Waste Gas

The idea is to install Bitcoin data-mining centers at oil rigs which has a need to vent gas. The data center developers argue that this would generate more revenue than selling fuel. It is also an easier way to reduce carbon print. The Ohmm® mining data center is an alluring proposition and one most miners would pick up.

3.Nuclear Reactors

A report on Forbes says Bitcoin miners harnessing power in a nuclear reactor compromised one of these sensitive installations in Ukraine. Nuclear reactors produce excess energy due to their sheer size. Using this exceeds energy on a profitable venture such as mining bitcoins is a great idea but only with a clear framework.

4.Mosque Data Mining

Bitcoin miners will go to any lengths to find the energy to power their supercomputers. A mosque is an unlikely palace for such an activity but due to a government subsidy of free electricity, Iranian Bitcoin miners now work from these holy places. A government crackdown has not managed to kill the practice.

5.Cryptojackers

While most online hackers want to steal your identity or harm you, crypto-jackers are a different breed. These are hackers interested in the computing power of your network. These computer geeks are so suave that some even hacked the Tesla company cloud and tapped computing power for Bitcoin mining.

6.Leveraging Bitcoin Mining Byproducts

Bitcoin mining systems generate a lot of heat and creative miners now use this to do other things. Some innovative miners heat their homes using this byproduct while others use the same for rum making among other tasks.



Submitted November 27, 2019 at 02:33PM by Moustache_Group http://bit.ly/2XRIema

I made 1 million dollars in the last year trading crypto, this is how I made it...

I invested 1 Billion dollars



Submitted November 27, 2019 at 12:44PM by valentino99 http://bit.ly/2KZj7IR

Estimates for Cost of Production to Mine 1 Bitcoin?

Anybody have estimates for the current cost of production to mine one bitcoin based on hardware and electricity cost as changing variables?

An analyst has estimated that Hut8 is mining at a cost of $7.1 k based on their financial reports but I believe this would be close to the upper bound of estimates.

I believe miners with access to cheap electricity and latest-gen hardware are likely still mining at high margins.

This would explain why we are not observing a significant drop in hash rate estimates after the price drops last week.

With miners still profitable, it is unlikely many are turning off their equipment.

However, if prices drop another 20-60%, we may see a drastically different story where hash rate comes offline and we observe a number of consecutive difficulty decreases.



Submitted November 27, 2019 at 01:59PM by johnleequigley1 http://bit.ly/2QRoVrH

Bitcoin ATM Firm Partners With Largest Shopping Mall Operator in US

http://bit.ly/2OLtaT3

Submitted November 27, 2019 at 01:35PM by cryptosyringe http://bit.ly/33jdw6w

If You Bought Bitcoin Each Week in 2019, You’d Be up 49%

http://bit.ly/35EXq8V

Submitted November 27, 2019 at 01:36PM by cryptosyringe http://bit.ly/2XRD7lY

I made 1 million dollars in the last year trading crypto, this is how I made it...


I invested 1 Billion dollars via /r/Bitcoin http://bit.ly/2KZj7IR

Last week was an impressive week for HK and SG fintech industry! Did anyone manage to attend the event? It was nice to see HK as an international financial city has finally released the regulatory mainframe for crypto& blockchain industry. Definitely a big step to stay competitive on the market.

http://bit.ly/2OmhZjn

Submitted November 27, 2019 at 11:14AM by emanchan1026 http://bit.ly/2Om4fGC

...

http://bit.ly/2Dl0ieV

Submitted November 27, 2019 at 08:32AM by _pope1 http://bit.ly/2pY88rW

All these ‘Investors’ made money on Bitcoin


http://bit.ly/34qK67R via /r/Bitcoin http://bit.ly/2OMKRkX

Trezor now running a 30% off Black Friday sale. Code, "TRZ30"


http://bit.ly/35BAqYd via /r/Bitcoin http://bit.ly/35Dsfe0

...


http://bit.ly/2Dl0ieV via /r/Bitcoin http://bit.ly/2pY88rW

Sound and unbiased reporting as always!

http://bit.ly/2qO3kWu

Submitted November 27, 2019 at 05:12AM by tobypettit517 http://bit.ly/2Dm8jAp

Peter Schiff thinks Bitcoiners want/need to sell BTC for USD to lock in “profits”. That’s what he doesn’t get. Most Bitcoiners never want to sell their BTC back for USD. I guess goldbugs plan on cashing out for dollars one day?

What’s the point of hedging against monetary collapse if your end game is to sell back into the currency (USD) that is collapsing??



Submitted November 27, 2019 at 05:52AM by the420chronicler http://bit.ly/2XU03Rt

have a GPU mining setup with 2 1070's and one motherboard. I want to mine! Whats the easiest setup ?

I want something where we can join a pool and all try to gain a btc. did this around year 2010 but forgot my key or never got around to doing it. I don't care if it is not sustainable, just want to see how to setup a system. I am comfortable with Linux and want to mine bitcoin or btc



Submitted November 27, 2019 at 08:42AM by rickspick http://bit.ly/34qnjsK

Is Walmart the most important company in crypto right now?


http://bit.ly/37HO124 via /r/Bitcoin http://bit.ly/2siEu1f

Pay with Bitcoin. Fold App Emerges From Beta, Adds Delta, Domino’s and Others for Sats-Back Rewards. “We are not only bringing bitcoin to payments and rewards, but also the values the underpin Bitcoin as well; creating a better way to pay: one that keeps your data safe and your sats stacked”

http://bit.ly/2Lb1qGz

Submitted November 26, 2019 at 09:53PM by elizapetrovska http://bit.ly/2R3vsjh

Sound and unbiased reporting as always!


http://bit.ly/2qO3kWu via /r/Bitcoin http://bit.ly/2Dm8jAp

Peter Schiff thinks Bitcoiners want/need to sell BTC for USD to lock in “profits”. That’s what he doesn’t get. Most Bitcoiners never want to sell their BTC back for USD. I guess goldbugs plan on cashing out for dollars one day?


What’s the point of hedging against monetary collapse if your end game is to sell back into the currency (USD) that is collapsing?? via /r/Bitcoin http://bit.ly/2XU03Rt

Anyone know what's planned for the 0.20 release of bitcoin in 6 months time?


No text found via /r/Bitcoin http://bit.ly/2pW84Je

Hodl Hodl now partners with Bitcoin Du Liban to provide tools for exploring Bitcoin and buying and selling it on the local market


http://bit.ly/34opyg7 via /r/Bitcoin http://bit.ly/2XOYqon

I'm getting rekt both ways simultaneously.

I have 2 trading accounts one is always long the other is always short. They are now both 30% in the red. I didnt even know that was possible. FML



Submitted November 26, 2019 at 01:10AM by omnifecint http://bit.ly/35GYhpL

The only chart I care about

http://bit.ly/2KTRPDw

Submitted November 26, 2019 at 08:16AM by zenethics http://bit.ly/2KTD0kA

2019 Xmas will be for strong hands that accumulate. Enjoy the discount!

http://bit.ly/2OloVyq

Submitted November 26, 2019 at 07:33AM by Henrythe1st http://bit.ly/2Oiy8aE

ZXMiner ZX 1 – A Fake Nervos (CKB) ASIC Miner for Eaglesong?

http://bit.ly/2On4Nfk

Submitted November 26, 2019 at 07:32PM by raaner12 http://bit.ly/34onB3h

SCAM - Bitcoin Miner ‪GroupFabric Inc



Submitted November 26, 2019 at 05:26PM by Haze_TM http://bit.ly/2XO6g1f

Everything You Need To Know About Bitcoin Mining

http://bit.ly/2QUYd1h

Submitted November 26, 2019 at 05:00PM by newsbtclbn http://bit.ly/2siDH0p

Poland Repatriates 100 Tons of Gold From Bank of England Storage. Nothing unusual, right?


https://bloom.bg/2pSDkJ9 via /r/Bitcoin http://bit.ly/2DjAcZH

I want to get into bitcoin after watching for awhile


I have looked at bitcoin but never really thought about buying into it, I have used it a lot to buy stuff and to take payments but I never used it to invest.​I have about $2000 in savings, Once it dips more if it does im looking invest at least $1k. my money is just sitting in my savings doing nothing. maybe invest 1k now and then over the next few months put some money in every month so its not all in at the same price. Is this a good move?I heard china is getting bitcoin in 2020. will that make the price go up a ton if they all buy it? My buddy was talking about it. via /r/Bitcoin http://bit.ly/2OlpBnt

Aluminum Plant Gone Bitcoin Mining Center: Bitriver Deemed the Largest Data Center in Russia

This news comes from https://bitcoinexchangeguide.com/

City of Bratsk in Russia is home to one of the biggest bitcoin mining facilities in the world and has attracted clients globally as Bitriver turns water into electricity to mine cryptos.

Opened a year ago, Bitriver is recognized as one of the largest Bitcoin mining facilities in Russia. As per news outlet, Bloomberg, the data center has garnered the attention of many countries to date, including the likes of the U.S., Japan, and China among others.

Once an aluminum plant in Bratsk, Oleg Deripaska and team decided the location was ideal for bitcoin mining some five years ago. Why? The first argument made is the existence of a hydropower plant nearby and the second simply rests in the Siberian weather. This region is specifically known for its long and cold winters and preferred low temperatures for such activities.

Upon making the decision, the implementation came to life with local energy firm, En+ having partnered with them. Given that the latter focuses on the aforementioned hydroelectric power, it naturally made sense to come together to sell its services.

That said, Bitriver isn’t in the business of bitcoin mining, but instead offers technical services, cheap electricity, and equipment to those who are in the business. As per the report, En+ equips Bitriver with up to 100 megawatts yearly so that the latter can diversify its clientele.

Bitriver Only Makes up a Fraction of All Power Consumed

As per Bitcoinist, Bitriver is still small despite being a big shot in Russia. This is stated when comparing Bitriver’s 100 megawatts of power per year to the entirety of the Bitcoin network’s 73 terawatts annually. En+ supposedly produces 22.5 TW/h, however, it isn’t all consumed for bitcoin (but instead for other industrial purposes).

This could potentially change as we watch the crypto market unfold some more. Russia is allegedly on the list of top ten countries with the most bitcoin mining nodes in the world (243 nodes to date), which goes to show how far we’ve come since Bitcoin’s existence.

While mining has witnessed a downfall since the earlier times, not to mention the recent drop in Bitcoin’s price, miners are anticipating big things for the soon-approaching halving event and thus are continuing their activities at full force. Coin Telegraph referenced Alistair Milne, who expounded on the increase in network hash rate and mentioned:“They are acutely aware of the upcoming halving and are apparently unphased by the recent dip.”



Submitted November 26, 2019 at 02:32PM by Moustache_Group http://bit.ly/35yMyct

Monday, 25 November 2019

Daily Discussion, November 26, 2019


Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.We have a couple chat rooms now!GeneralPrice TalkPlease check the previous discussion thread for unanswered questions. via /r/Bitcoin http://bit.ly/33mgnM6

Asian Stocks Cheer Warming Trade Talks, Alibaba's Strong Hong Kong Debut


By Reuters via NYT Business Day https://nyti.ms/2Olfak0

I am really frustrated that i can't buy bitcoin.

In india, bitcoin is illegal. i have been wanting to buy bitcoin for good 2 weeks but its just not happening for me. my sister is a country where its legal has refused to buy it for me. she thinks i am investing in a get rich quick scheme. I know she is trying to protect me as her little brother(12 year age difference) but i have made my mind to buy some but i Cant :((
at the minimum i want to buy 2/max 4.



Submitted November 26, 2019 at 12:40AM by lolnotthatguy http://bit.ly/35xE9pN

The only chart I care about


http://bit.ly/2KTRPDw via /r/Bitcoin http://bit.ly/2KTD0kA

Fold App Emerges From Beta, Adds Delta, Domino’s and Others for Sats-Back Rewards


http://bit.ly/2sfRd4N via /r/Bitcoin http://bit.ly/2Ddwv7U

Bitcoin Rebounds From FUD | New Core Release | Fold App Live


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

I'd prefer a Bull


http://bit.ly/2XNPorA via /r/Bitcoin http://bit.ly/37zmJuJ