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Showing 7 of 7 results by BATTLEROYALXS
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Re: Will Quantum-Resistant Bitcoin Break Existing ASIC Miners?
by
BATTLEROYALXS
on 22/07/2025, 15:41:42 UTC
Quote
wouldn’t that make current ASIC miners obsolete, since they're all optimized for the current cryptographic assumptions?
No. If ECDSA will be fully broken, and SHA-256 will be still strong, then nothing will change from the miners' perspective. And if SHA-256 will be broken, then everything else will be broken too (including ECDSA), but in that case, re-hashing the whole chain will be needed. For SHA-256, there are no known shortcuts today, when it comes to post-quantum algorithms, which means, that mining is unaffected, as long as nobody invented any quantum attack on hash functions. Even MD5, which has trivial collisions, is still quantum-safe.

Also, even if no quantum-resistant addresses will be deployed, then still, OP_CHECKSIG alone can be used to require small DER signatures, which would make double-spending harder. For example: https://mempool.space/testnet4/tx/cc159432ffb7a166abeccc79800e9616a09ea9ac6937080c2ca37b38671970e5 (the private key is known, but because coins are protected by Proof of Work, they are still quantum-safe, even though I used OP_CHECKSIG).

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Would such an upgrade render all existing mining equipment useless unless hardware is redesigned for the new algorithm?
No. Even when you have Proof of Work inside Script, then still, applying double SHA-256 on around 200 byte message is not that much different, than applying it on 80 byte block headers. Also, hashed transaction size can be made smaller, to fit on exactly 80 bytes, if needed. Raw Script of "OP_SIZE <difficulty> OP_LESSTHAN OP_VERIFY <templatePubKey> OP_CHECKSIG" can be used now (even if it is non-standard), to hash exactly 80 byte data chunks in legacy transactions, or a new witness can be made, like "<newSegwitVersion> <difficulty>", which would require grinding any message with Merged Mining, meeting a given difficulty.

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How would manufacturers like Bitmain and the rest of the ecosystem adapt?
As long as SHA-256 is safe, no changes are needed. And as long as grinding nLockTime is similar to grinding nonces in block headers, there is not that much to change, so things can be tweaked quite easily. And if SHA-256 will be broken, then it will require re-hashing the whole chain, and re-signing every single message, which would be a huge earthquake everywhere, and in that case, Bitcoin will be the least important problem, if major network protocols, and half of the Internet will burn.

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What would be the timeline for this transition if it ever happens? 5 years? 10?
If you are worried about SHA-256, then you can observe total chainwork. As soon as it starts getting close to 2^128, then upgrading SHA-256 to something else will be needed, because then, the whole effort of Bitcoin network from N years would be sufficient, to produce a single SHA-256 collision (and still: having 2^128 chainwork could mean for example 64k blocks with 2^112 chainwork each, which still means, that it will be rather "one collision per year" than "one collision per 10 minutes", and we will still have plenty of time to react, if it will happen gradually).

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And finally, how would this affect small/retail miners who are still heavily investing in current-generation hardware?
In general, big miners push small ones away, and it is harder and harder to compete. As Satoshi said, there will be big server farms. And smaller ones will probably switch to something else, or will be focused on producing just enough Proof of Work, to protect single transactions from double-spending. Because in general, if you use "pay to Proof of Work" output types, then even if your private key is publicly known, you can safely run a second layer network on top of Bitcoin, because as long as double-spending your coins require re-mining them, and it takes more than 10 minutes, then you can adjust your difficulty, to finalize your transactions on-chain for example every three months (like proposed in sidechain BIPs), and then, no attacker will be strong enough, to compete with the whole, honest network, and produce a second double-spending version in 10 minutes.

Which means, that even if mining 80 bytes Bitcoin block headers will be too hard for smaller miners, then still, they can be used to protect second layers with their Proof of Work (which could be smaller than in Bitcoin, but still significant, and resistant to double-spend attempts from most attackers). Also, as long as mining template for "pay to Proof of Work" outputs will be unknown by the outside world, it is quite unlikely to see any double-spending attempts at all.

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Is this a real threat we’re underestimating, or just distant speculation?
Just observe total chainwork, and you will know, how close we are. Or put your coins on "pay to Proof of Work" outputs, if you want to be sure, and observe, how many of them will be stolen, and how much time it will take. It is possible to make a mainnet puzzle, similar to what I made in testnet4, or even launch some decentralized sidechains on top of mainnet, and by putting coins in, it can be measured, how much Proof of Work is needed to be safe. So far, nobody took even a single test coin out of my addresses, so I think attacks are quite unlikely, because for now, nobody is interested in stealing my coins (but of course, mainnet test would be more bulletproof, than my testnet4 examples; but I don't have around 2k mainnet BTCs to replicate it there).


Thanks a lot for your detailed response — very informative and helpful! I appreciate you taking the time to clarify all these points.
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Will Quantum-Resistant Bitcoin Break Existing ASIC Miners? What’s Next for Bitma
by
BATTLEROYALXS
on 18/07/2025, 12:22:33 UTC
⭐ Merited by stwenhao (1)
Hi everyone,

I've been researching quantum computing and its potential impact on Bitcoin, and a key concern came up:

If Bitcoin eventually upgrades to a quantum-resistant signature scheme (e.g., replacing ECDSA), wouldn’t that make current ASIC miners obsolete, since they're all optimized for the current cryptographic assumptions?

That leads me to a few big questions:

Would such an upgrade render all existing mining equipment useless unless hardware is redesigned for the new algorithm?

How would manufacturers like Bitmain and the rest of the ecosystem adapt?

What would be the timeline for this transition if it ever happens? 5 years? 10?

And finally, how would this affect small/retail miners who are still heavily investing in current-generation hardware?

Is this a real threat we’re underestimating, or just distant speculation?

Thanks for your thoughts!

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Re: 🇪🇺 HappyMining.eu – Mining Hardware & Hosting in Europe – Fast Delivery, Local
by
BATTLEROYALXS
on 15/07/2025, 15:22:53 UTC
That's true, however, ~95% of them are from people who only made 1 review, and that for your site. It's a bit strange and awkward, right? Plus, why do you have to open a new website when you can easily add English as a different language?
I looked through and I couldn't help but laugh.They forgot that the positive reviews are all in the same handwriting as well  Grin

Meanwhile, the negative reviews are in different handwritings. Looks like the fake reviewer never got any briefing

I think trustpilot is enough for proof of our trusty. With 400 reviews and 4.8 average notation on 5.
No shit  Shocked Shocked Shocked

Include your “.eu” domain link to the main French website, and we see. That could be one way of showing you are the same.

Done. you can see it in the footer of the two domains.
Best regards
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Re: 🇪🇺 HappyMining.eu – Mining Hardware & Hosting in Europe – Fast Delivery, Local
by
BATTLEROYALXS
on 10/07/2025, 10:19:03 UTC
Hello,
Because we have a SEO already done for the https://happymining.fr and want to be indexed on the https://happymining.eu for the english version, this is a marketing choice.

Trustpilot is well known for their trust ability and banning false reviews. It's an automated mail sent by our market platform after an order.

For the "Official reseller" yes we are trusted by the companies of the equipment we sell. No one as licenses for BITMAIN, official mean we have an account at BITMAIN and other brand like iceriver and we communicate with them in case of support needed directly Smiley with our partners we already bought big batches with BITMAIN (more than 4000 miners) for mining operation set up so we are in contact with them too if needed.

I'm sorry to say it, but if you want here someone to believe your words, you have to show some proof. Like the contract that you say that you signed with them, or the paperwork of this massive order of yours, or even pics of them on arrival or in storage. Just because you say it's like that, doesn't mean that it is.

I think trustpilot is enough for proof of our trusty. With 400 reviews and 4.8 average notation on 5.
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Re: 🇪🇺 HappyMining.eu – Mining Hardware & Hosting in Europe – Fast Delivery, Local
by
BATTLEROYALXS
on 09/07/2025, 10:10:14 UTC
Because we just openned the website for the european market, the France website is .fr in french version and .eu for the english version Smiley And I don't want to seem rude, but we have more than 400 reviews on trustpilots for the french domain name https://www.trustpilot.com/review/happymining.fr

That's true, however, ~95% of them are from people who only made 1 review, and that for your site. It's a bit strange and awkward, right? Plus, why do you have to open a new website when you can easily add English as a different language?
Btw, you state that you are an official reseller of... all the mining brands. Roll Eyes However, I can't find a single license on your site about it or in any of the official pages of those brands. Can you elaborate a bit?

Hello,
Because we have a SEO already done for the .fr and want to be indexed on the .eu for the english version, this is a marketing choice.

Trustpilot is well known for their trust ability and banning false reviews. It's an automated mail sent by our market platform after an order.

For the "Official reseller" yes we are trusted by the companies of the equipment we sell. No one as licenses for BITMAIN, official mean we have an account at BITMAIN and other brand like iceriver and we communicate with them in case of support needed directly Smiley with our partners we already bought big batches with BITMAIN (more than 4000 miners) for mining operation set up so we are in contact with them too if needed.
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Re: 🇪🇺 HappyMining.eu – Mining Hardware & Hosting in Europe – Fast Delivery, Local
by
BATTLEROYALXS
on 07/07/2025, 14:30:36 UTC
Why do I have a feeling that this is just a scam?

The website appears to be a copycat of another website which also seems to be shady
Code:
Domain name: happymining.eu
Status: Registered
Registered: 20 May 2025
Registrar: IONOS SE

Code:
Domain: happymining.fr
Registered On: 2021-08-28
Expires On: 2025-08-28
Updated On: 2025-04-07


Because we just openned the website for the european market, the France website is .fr in french version and .eu for the english version Smiley
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Topic OP
🇪🇺 HappyMining.eu – Mining Hardware & Hosting in Europe – Fast Delivery, Local
by
BATTLEROYALXS
on 27/06/2025, 09:51:01 UTC
Hello everyone!

We’re HappyMining.eu – your European partner for serious Bitcoin mining.

✅ Based in the EU – fast, no-hassle shipping within Europe
✅ Official reseller of top brands (Bitmain, Whatsminer, Canaan, etc.)
✅ Transparent pricing – no surprise customs fees for EU customers
✅ Hosting options available (ask for details)
✅ Local support in English and French

Whether you’re looking for a single machine or building a farm, we aim to make mining easy and cost-effective in Europe.

Current Stock Highlights:

Bitmain Antminer S21

Whatsminer M60 Series

Canaan Avalon A1566

Power supplies and spare parts

We also buy used hardware and can help refurbish older units.

🌍 Shipments from Europe, for Europe.
💬 Need help sizing your farm or selecting the best model for your electricity price? Just ask!

🟢 Visit us: https://happymining.eu