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Showing 20 of 3,103 results by Sitarow
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Sitarow
on 17/02/2021, 12:03:26 UTC
People still talking about Tulips.  Roll Eyes

They said similar stupid things about the Internet.

It will never change. Those that are outside looking in and deny the effects of FOMO
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Topic
(Unknown Title)
by
Sitarow
on 25/01/2020, 02:35:00 UTC
Monarch's in the wild.



Were you compensated with 3 for the price of 1?
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Topic
(Unknown Title)
by
Sitarow
on 25/01/2020, 02:28:00 UTC
Just wanted to share an image with a variety of ASIC hardware

"Test Site 5"


Nice setup. Do you have free power?  Wink

Sorry for the delayed response.

No free power here. Total power draw is 63amp at 120v
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Topic
(Unknown Title)
by
Sitarow
on 25/01/2020, 02:28:00 UTC
Shocked. Fun stuff. is all that stuff ac cooled or just natural air cooled? Also how about a brighter picture?

Ventilation fan is used to cool that location by venting heat out of the room and bring cooler filtered air in.
Post
Topic
(Unknown Title)
by
Sitarow
on 25/01/2020, 02:27:00 UTC
Just wanted to share an image with a variety of ASIC hardware

"Test Site 5"
Post
Topic
(Unknown Title)
by
Sitarow
on 25/01/2020, 02:21:00 UTC
His skills were only needed when he or someones life was on the line.

Twine has potential. Just wish I could text it back to trigger an output.
Post
Topic
(Unknown Title)
by
Sitarow
on 25/01/2020, 02:21:00 UTC
His skills were only needed when he or someones life was on the line.

Twine has potential. Just wish I could text it back to trigger an output.

enter an email address into txt recieptiant on phone. Dunno if it works for your network, but on mine the service provider forwards txts to emails (im talking on a dumbphone not fancy-pants idevices and whatnot)

Yes that works also.

Post
Topic
(Unknown Title)
by
Sitarow
on 25/01/2020, 02:21:00 UTC
One of my new rigs - 3x5830 + 3x5850 = 2.2GH/s
And no the Mobile Phone isn't a detonator Cheesy I'm using it to restart the PC if it crashes.

I'm interested in your method for this

Same here...  Wink

It looks like he's just using the phone as a hinge wired up to a momentary restart button wired up to the motherboard backwards.

He may be using the vibrator motor to trigger a relay that trips the power going to the psu?

I was thinking more along the lines that the wires are connected to a sensor in the crate and the phone monitors the state of it. If the state changes the phone dials or txts the owner. The owner then txts back and wires from the vibrator connected to the momentary power switch on motherboard trigger the switch.

Or instead of the phone actively monitoring the wires just short out speed-dial 1 or something.

Sounds plausible, however perhaps this is another option to consider.



http://www.kickstarter.com/projects/supermechanical/twine-listen-to-your-world-talk-to-the-internet?ref=category
Post
Topic
(Unknown Title)
by
Sitarow
on 25/01/2020, 02:21:00 UTC
One of my new rigs - 3x5830 + 3x5850 = 2.2GH/s
And no the Mobile Phone isn't a detonator Cheesy I'm using it to restart the PC if it crashes.

I'm interested in your method for this

Same here...  Wink

It looks like he's just using the phone as a hinge wired up to a momentary restart button wired up to the motherboard backwards.

He may be using the vibrator motor to trigger a relay that trips the power going to the psu?
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Sitarow
on 03/05/2018, 08:28:08 UTC
holy ETH pump batman
I think because Vitalik won some kind of award.
https://bitcointalk.org/index.php?topic=3452619.0

Or maybe the news of it being a non-complaint security must of got over turned.
Cause it rising over $60 out of nowwhere is not ethereum like. Shocked

Both Ethereum and Bcash are being pumped significantly.  There could still be an adverse ruling against ETH inspite of this pump and maybe even there could be an expectation that there would be an adverse ruling against Ethereum is part of the reason for the current pump?  Difficult to know for sure, except maybe to see what happens in a few weeks if an adverse decision were to come out. 

Notice the dumping of EOS and DASH traded for ETH.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Sitarow
on 30/04/2018, 15:01:04 UTC
Bitcoin.com lawsuit reached 1000 participants, that within 1 week  Shocked

Scamming scumbag Roger Ver made a lot of victims.

Quote
“Like many others i lost money due to confusing Bitcoin Cash with the real Bitcoin … £14,500 to be exact. I’m not sure if your group will be successful but hopefully you’ll let me stick around to at least see Mr Ver given a bloody nose…”

Lawsuit details revealed soon.

http://bitcoincomlawsuit.info/

Could the missus of bitcoin.com and claim to be the "official" btc be considered misrepresentation and a form of bait and switch? How are they going to present this case?


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Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Sitarow
on 29/03/2018, 18:41:31 UTC
⭐ Merited by RayX12 (1)
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Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Sitarow
on 28/03/2018, 15:39:35 UTC
⭐ Merited by infofront (1)
Btw, I just wanted to take a second and set a few folks here straight.

You fkn big blocker trolls, BCash shills, and even some Bitcoin bulls who were whining all last year about too high transaction fees and how Bitcoin absolutely NEEDED > 1mb block size and like IMMEDIATELY.

With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Spent soooo much time arguing with you fuckheads last year, now you have fk all of an argument to stand on.

/rant

Good rant and on point.

Be aware of special interests groups that will use any means necessary for their own self interests with full disregard to the principle of what the project is about.

Let us be mind full of such individuals/groups and know that solutions that work take time to test and implement. If this did not work then another option would be explored.

BCH could be likened to a parallel attempt to accomplish a similar goal in good faith I might add.

However now that we have proof of a solid solution that works with out the need for drastic change, the alternative BCH/BCC/Bcash may now be on its way to obsolescence. (It is said that some proponents of that solution may have involuntarily worked to deceive the misinformed for personal gain).
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Sitarow
on 27/03/2018, 20:36:16 UTC
I wonder if this prize has been taken.

Its a dna coded message with the private key to the wallet with 1btc balance.

https://youtu.be/tBvd7OSDGgQ?t=916

BTC/USD Bitcoin then, March 10, 2015 = $242.54


Solved 2 months ago Smiley

https://www.google.it/amp/s/motherboard.vice.com/amp/en_us/article/7xe3dx/dna-storage-bitcoin-mystery-puzzle

Sweet Cheesy Just around the peek!

Best part!

Quote
Although Goldman’s contest is the first time that DNA has been used to store the private key to cryptocurrencies, his point was to draw attention to the amazing potential of DNA as a long term storage option. This new method of storing information is already being investigated by companies like Microsoft, which wants to add DNA data storage to its cloud, and as a potential solution to humanity’s mounting data problem.

Who knows, maybe DNA storage will be the popular new way to store the private keys to your cryptocurrency as well. But as Wuyts demonstrated, this DNA storage method is still notHuh impervious to hacks.

He still needed the decode document even after the fact.

Quote
In the case of the Bitcoin challenge, there were a total of nine files contained in the DNA fragments. The files were encrypted with a keystream, which is a random series of characters that is included with the actual plain text message to obfuscate its meaning. The keystream code had been provided by Goldman in a document explaining the competition.

Quote
After running the code, Wuyts was able to combine the DNA fragments in the correct order to form one long piece of DNA. After working out some technical kinks, Wuyts was able to convert the DNA sequence into plain text, revealing the private key and unlocking the bitcoin (as well as some artefacts, including a drawing of James Joyce and the logo for the European Bioinformatics Institute). He had cracked the puzzle just five days before it was set to expire.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Sitarow
on 27/03/2018, 19:10:52 UTC
I wonder if this prize has been taken.

Its a dna coded message with the private key to the wallet with 1btc balance.

https://youtu.be/tBvd7OSDGgQ?t=916

BTC/USD Bitcoin then, March 10, 2015 = $242.54
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Sitarow
on 25/03/2018, 13:49:27 UTC
In other news.
Toronto Stock Exchange Operator to Launch Cryptocurrency Brokerage Platform

A wholly-owned subsidiary of Canada-based stock exchange operator TMX Group has announced that it will launch a cryptocurrency brokerage platform.

TMX — best known as the operator of the Toronto Stock Exchange (TSX) — unveiled the plans on Thursday, stating that the platform would likely launch by mid-year and would allow clients to buy and sell Bitcoin and Ether, (no mention of other coins at this time) the two most liquid cryptocurrencies.

The venture will see TMX subsidiary Shorcan Digital Currency Network (DCN) partner with Paycase Financial, a decentralized financial services provider based out of Toronto. BMO Financial Group has agreed to provide Shorcan DCN with banking services.

Paycase CEO Joseph Weinberg said that the cryptocurrency brokerage’s launch represents the first “true institutionalization of cryptocurrencies as an asset class,” adding that it will help establish a bridge between mainstream finance and the burgeoning cryptoasset ecosystem.

https://www.ccn.com/toronto-stock-exchange-operator-to-launch-cryptocurrency-brokerage-platform/
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Sitarow
on 24/03/2018, 10:27:39 UTC
Pretty sure you could get 1k S9's from Bitmain at somewhat less than retail.

Honestly you would get a better deal from bitfury.

However pay attention to the return even with free power and hardware.

For some hardly worth getting out of bed.

Edit: if you do factor the overhead of real life operating costs minus hardware and power costs. You also have taxable gains and since you have no hardware and power costs you can't claim that to lower the tax burden.
Yes I like your tax points.

What's so weird is bitmain's gear has never been predicted to be profitable, by your or anyone's mining calculators. Yet maybe 6 out of 10 (of the proper ones) have been absolute beasts, printing money worse than the Fed, and resale values on ebay are wtf madly profitable anyway. In the end, I trusted them to price gear correctly more than my own calculations. But that era is over, with boards conking out more and more often, and altcoin asics ruling the roost.

There is larger more efficient hardware that is not practical for home grown operations that are more efficient j/gh than is listed in the chart.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Sitarow
on 24/03/2018, 09:59:03 UTC
Pretty sure you could get 1k S9's from Bitmain at somewhat less than retail.

Honestly you would get a better deal from bitfury.

However pay attention to the return even with free power and hardware.

For some hardly worth getting out of bed.

Edit: if you do factor the overhead of real life operating costs minus hardware and power costs. You also have taxable gains and since you have no hardware and power costs you can't claim those operating costs that normaly lower the tax burden.
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Merits 4 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Sitarow
on 24/03/2018, 09:27:17 UTC
⭐ Merited by suchmoon (4)
Bitcoin is dead (Spoiler: hashrate more than doubled in just three months. Wow.)

https://blockchain.info/charts/hash-rate?timespan=all

Does anyone know what electricity costs are at the moment for big minigpools ?

Sometime ago I read about 3000 USD per BTC

But when the hashrate doubled so must electricity costs ;-)

This figure is nonsense.

There is better investment oportunities than mining bitcoin at the present price never lower.

What you should be asking is why dispite that fact are there large mining investment still going strong.

Here is a small hint and it has very little to do with power costs. Legal tax avoidance by reinvesting into mining the portion that would have been paid in tax.
To produce one bitcoin a day using the latest hardware from Bitmain would take an investment of $2,366,417.19 USD or about 250 BTC to secure a quantity of 1,020 S9 13.5 TH ASIC mining units. That equals a total hash rate of 13,770TH or 13.77 PH.

As you can see if you factor in just hardware loan repayment and power costs never mind any other type of costs and you run at a loss at $9500.00 edit if your pa $0.10 per kwh and still have to pay back hardware costs never mind other overhead costs - There are far better investments you can do than invest 2.3 million USD instead of hardware.

At 0.03kwh there is profit at 9500 if you factor in power and hardware but even still that doesn't include any other overhead.

However those that do mine know that BTC at this price is a buy opportunity rather than investing in hardware.

Document: https://docs.google.com/spreadsheets/d/11QS1BBV11KNGTF8N_-fdfmjTZ3WzPQFbLfVrl5n6R8s/edit?usp=sharing




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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Sitarow
on 22/03/2018, 23:38:10 UTC
Bitcoin will drop back down to 2-3k

Yeah, halting every single mining operation in the whole white world, sure  Tongue
Why not? Whats stopping it? Weve seen it before. Actually mining is disrupting itself every day by releasing faster and faster ASICs.

Because buying btc outright vs buying back mining hardware would be a smart business move.