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Showing 10 of 10 results by DumbCrypt0
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Board Announcements (Altcoins)
Re: ★EquiTrader★EQT★🔹POW+POS🔹Monetizing Market Analysis On The Blockchain 📈
by
DumbCrypt0
on 04/07/2018, 02:20:59 UTC
Hi guys
If I install the wallet on another pc and use the backup.dat it should work, right?

Typically, yes. You may need to rename it "wallet.dat."
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Topic
Board Announcements (Altcoins)
Re: [ANN] BitcoinFast revival -
by
DumbCrypt0
on 03/07/2018, 23:54:24 UTC
When I read the name of the topic I thought wow, somebody again trying to bring this back to life, but that try is already a year ago.

Lol. Welcome back, then?
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Topic
Board Announcements (Altcoins)
Re: [ANN] BitcoinFast revival -
by
DumbCrypt0
on 03/07/2018, 23:18:14 UTC
The problem with this coin is that the inflation rate is ridiculous.  There have been 14,600,411 coins produced as of now, but the miners are blasting out approximately 15,000 new coins per day.  There is a long way and a lot of massive inflation between now and the max supply of 2,500,000,000 coins.  If there is still a dev anywhere, you should cut the max supply to 21,000,000 and stop it for good when it gets there.  There should be no more mining and no more staking once the supply reaches 21,000,000.  When the supply gets there, people should have to purchase them on the exchange if they want any.  The current price of 250 satoshis is disgustingly overvalued for a coin with billions of supply.  You need to stop it at 21,000,000 so it can be a relatively rare coin before it gets out of control.

15,000 coins a day does seem like a lot, but 2.5Bil/15,000=166,667ish days, or 456 years. Though I too would prefer to see a block halving, we technically won't see 550 million coins in circulation for another 100 years  Grin
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Topic
Board Announcements (Altcoins)
Re: [ANN] Snowblossom - new ASIC resist POW, quantum resistant, online now ❁
by
DumbCrypt0
on 08/06/2018, 01:17:24 UTC
I'm having a tough time understanding what the optimal hardware formula is for this project. Seems like RAM plays a big part, but I have a machine with half the RAM outhashing another machine. Is virtual memory applicable? I haven't won a single block and seem pretty confident that I won't at the rate of things... getting the snowfields isn't even an issue for me.

Insight appreciated!
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Topic
Board Announcements (Altcoins)
Re: [ANN] Snowblossom - new ASIC resist POW, quantum resistant, online now ❁
by
DumbCrypt0
on 06/06/2018, 00:30:47 UTC
Will I even be able to mine without all 11 snowfields? This is like 4TB of data (according to the file sizes in my torrent client)

You can mine with just field 3 right now, which is 8gb.  As the difficulty increases further fields will be activated.

At the point it gets to the larger fields, I expect that people won't mind buying some multiple TB SSDs to put them on as there will clearly be enough interest and probably enough value.


And these fields are added to the snow folder, yes? [EDIT] YES THEY ARE

Do I put the deck a/b files directly in the snow folder, or move the actual snowblossom.x folder into the snow folder? [EDIT] SECOND ONE-

When you move the torrented snowfields, it will go Snow>snowblossom.3>(the deck a/b and snowfield files)

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Topic
Board Announcements (Altcoins)
Re: [ANN] Snowblossom - new ASIC resist POW, quantum resistant, online now ❁
by
DumbCrypt0
on 05/06/2018, 22:11:11 UTC
Will I even be able to mine without all 11 snowfields? This is like 4TB of data (according to the file sizes in my torrent client)
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Topic
Board Mining (Altcoins)
Re: Dwarf FPGA – the anti-ASIC
by
DumbCrypt0
on 29/05/2018, 19:06:08 UTC
I ordered 4 requesting PayPal as payment.
I received an invoice/payment request to a Russian individual's name.
My payment options did NOT include PayPal credit 0% for 6 months on purchases over $500.
This to me was a red flag - seems to be a person-to-person request and not an online purchase - meaning no buyer protection.

I am not comfortable enough to move forward with payment.

I build a lot of analog equipment for fun, and I've often found perfectly reputable sellers that did not accept PP credit. Did it appear to be a paypal invoice? Are you able to view it in your paypal account?
Post
Topic
Board Mining (Altcoins)
Re: Dwarf FPGA – the anti-ASIC
by
DumbCrypt0
on 28/05/2018, 21:56:27 UTC
I don't know that I would trust paypal protection exactly.  I have used it with Ebay in the past, and while the results were in my favor, it was a general pain in the ass.  I do think they tend to err on the side of the customer though.  I had a buddy with a business selling telemarketing data and he had to stop using paypal due to the insane amount of chargebacks that were not found in his favor.  That said, just use a credit card.  If what you buy doesn't arrive or work, Visa and Mastercard are amazing when it comes to fraudulent transactions.

I agree with this. *However*

If you use the credit card as your payment option in PayPal, hypothetically (very hypothetically) you have two layers of buyer protection. I just got off the phone with PayPal- Buyer protections are the same regardless if you pay through the PayPal site or a PayPal invoice. Keep in mind that receiving an invoice directing you to send money to a PayPal email is NOT THE SAME as paying a PayPal invoice.

Post
Topic
Board Mining (Altcoins)
Re: Dwarf FPGA – the anti-ASIC
by
DumbCrypt0
on 28/05/2018, 21:46:54 UTC
It seems they are "emailing you" the paypal invoice AFTER the fact - this makes me worried as I'm not sure we'd be covered under paypal guarantee seeing that we didnt pay via paypal ON the website, instead, we're paying via email invoice later.

Looks Like as long as it's not a "frieinds/family" transfer, Invoices/money requests are *usually* covered. Some items (real estate, lemon vehicles) are not. This would go under 'item not described' if we just get sent a PCB that doesn't do anything. I'm going to actually call PayPal and discuss it further.  Wink
Post
Topic
Board Mining (Altcoins)
Re: Dwarf FPGA – the anti-ASIC
by
DumbCrypt0
on 28/05/2018, 21:09:41 UTC
I'm having a hard time making a judgement on this one. The numbers look plausible. The Monero logo being printed with the PCB trace would be an elaborate fake and would require some basic design ability to create. They definitely had *something* made in a PCB shop. It's usually hard to get low-quantity prototypes (though not so much anymore). I couldn't take a lot from the videos. Store doesn't have PayPal integrated- I just ran an order without logging into my PP to complete payment. Good story, but it fees 50/50 at this point.  Huh