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Showing 20 of 34 results by eb66
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Board Bitcoin Discussion
Re: 14 years activating 80,000 BTC?
by
eb66
on 19/07/2025, 17:44:15 UTC
Still no clear information about what this BTC movement is all about.

For all I know it could be an OTC deal and now changing hand or something else.

We'll let the expert blockchain tracker figure out the truth but hopefully it won't just get dumped to the market because it's not some measly amount.

I'll call it:

Saylor doing a private OTC buy.

Maybe we see this in an upcoming Microstrategy press release..
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Topic
Board Bitcoin Discussion
Re: keep Your Money in Bitcoin Not in Fiat. You Loss More In Fiat with Levies.
by
eb66
on 15/07/2025, 18:52:36 UTC
My banks charge zero monthly fees, zero deposit fees, and zero cash out fees too. They offer interest 1% APY.

Bitcoin, whenever I made transfer, I need to pay mining fees.

It's not about my intention to grow my money in banks, but I want to show if banks are better in terms of daily transactions.

Bitcoin won in the long run, but it's costly if I use for daily transactions.
How about cross border transaction? I mean wire transfer. Bitcoin is cheaper if it is wire transfer.

If you want to have cheaper fee, you can use bitcoin lightning network instead. Or you can go for the liquid network or the altcoin pegged with bitcoin price but which I can not recommend.

Yeah the wire transfer analogy makes more sense for on-chain bitcoin.

I use Lightning on Nostr pretty frequently and its awesome, you can send a few sats to people all over the world, and it works just fine 95%+ of the time.

IMO this is the killer use case for bitcoin, micropayments, tipping etc ... could call it "social sats".

Post
Topic
Board Gambling
Re: Player Interpretation of Provably Fair Systems
by
eb66
on 15/07/2025, 01:30:11 UTC
Curious to see what the average person thinks when they see a game uses provably fair algorithms.

I think the first line, "can't be rigged" is the customary definition, but 'provable' to me means there is an algorithm at the core of the game that can be verified, not trusted.

In mining, that means SHA-256 can verify the hash, and it can easily be seen that it is over the required difficulty number.

Aside from mining, I think Satoshi Dice was an early (maybe the first?) example of provable fairness in bitcoin gaming.
Post
Topic
Board Gambling discussion
Re: What’s your worst loss, and how did you cope afterward?
by
eb66
on 15/07/2025, 01:19:50 UTC
I'm just asking this question as I look back years ago when I was in the height of my gambling addiction. So perhaps I might also ask the community about it and see how it goes if we are the same or maybe those who might fall into addiction might have experience it already.

"What’s your worst loss, and how did you cope afterward? "

As for me, when I have one of those days that I have a big loss, it's more on a mental trauma to me. I can't function as normal, I went into depression mode, can't get out of my bed and go to work and will just call my boss that I'm sick. And this might take to 3 days or even a whole week. And of course, the physical effect as well, I can't eat and so I lose a lot of weight.

How about you guys? Did you experience this when you gamble a lot?

My daughter was recently scammed in a trade in an online game (Roblox), where the counterparty failed to deliver... and she was devastated. It was a teachable moment, but I fear its changed her outlook on humanity and trusting others. It was enjoyable to teach her the concept of a trustless escrow though.
Post
Topic
Board Gambling discussion
Re: What’s your worst loss, and how did you cope afterward?
by
eb66
on 07/07/2025, 16:50:34 UTC
I'm just asking this question as I look back years ago when I was in the height of my gambling addiction. So perhaps I might also ask the community about it and see how it goes if we are the same or maybe those who might fall into addiction might have experience it already.

"What’s your worst loss, and how did you cope afterward? "

As for me, when I have one of those days that I have a big loss, it's more on a mental trauma to me. I can't function as normal, I went into depression mode, can't get out of my bed and go to work and will just call my boss that I'm sick. And this might take to 3 days or even a whole week. And of course, the physical effect as well, I can't eat and so I lose a lot of weight.

How about you guys? Did you experience this when you gamble a lot?

Not directly gambling, but I took a chance on buying a S19 mining rig with a company in Texas (Bolt) and got rugged.

Did my research, and it still happened.

Not a new story, and trusting a miner hosting company often ends in tears.
Post
Topic
Board Pools
Re: [∞ YH] solo.ckpool.org 2% fee solo mining 299 blocks solved!
by
eb66
on 05/07/2025, 13:48:28 UTC
Someone's currently doing a blockparty and dumping 6EH on the pool.
Wow, i have never seen such a hashrate on a pool before.
I hope this will not cause problems with the pool's performance.
Unfortunately, the user with this hashrate made himself private and it is impossible to monitor his progress.
Not a problem at all, the pool hardware is barely above idle.

I've been told this is the block party responsible:
https://upendo.rigly.io/pages/dashboard

Just found this post -

This was my block party, and we're at it again today - starting with ~300 PH/s at 12p Eastern time

Join and help us get to EH/s range again

https://upendo.rigly.io
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Topic
Board Gambling discussion
Re: Gambling addiction is not spiritual.
by
eb66
on 04/07/2025, 21:58:32 UTC
The funny thing is that many gamblers blamed everything when they made mistakes. They always find an excuse for their wrongdoing, and the sad thing is, they even include religion. Addiction is not completely related to any belief but rather is a personal choice. Indeed, it was more than that but some kind of mental problem.
I think the saying is right: a gambler never makes mistakes once, but several times. That is why we become addicted due to our wrong approaches and behavior. Which is why we don't have a reason to blame others besides ourselves.

Okay but like almost everyone talking about this issue (gambling addiction) also promotes online gambling in their signatures Smiley

Moving on..

I think the spiritual, call it religious association with gambling as sinful behavior is from it (gambling) being seen as a personal vice: something that stems from personal choice but is reinforced through the Devil's hand in our world, as it were.  Compare it to other vices (drugs, smoking, too much drinking etc) and you'll find similar religious ties to sinful behavior.


Post
Topic
Board Altcoin Discussion
Re: Coins rising back from the dead?
by
eb66
on 03/07/2025, 22:02:42 UTC
Won't SOLANA be the perfect example for this? Solana lost most of its value years ago but now we see it being considered as one of the biggest cryptocurrencies last year extending to this year. It is possible yes but not all the time this happens. You will be lucky to have kept holding on to a coin that has long ago declined.

Have to agree re: Solana, since many other projects are building on top of it now.

In an adjacent category, Tether escaping from all FUD to be in the top 20 list of UST holders is ... impressive.
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Topic
Board Mining
Re: Where do large mining companies send old ASICs?
by
eb66
on 23/05/2025, 18:25:14 UTC
Large mining companies do not really dispose their old ASIC's rather they sell them through advertising on telegram channels and other platforms.

To this point, several miners I've talked with keep their old gear on hand, and then sell it during peak mining cycle.

For example, during the big hashprice jump after China went offline a few years back, many miners made a mint on selling old S9's.
Post
Topic
Board Bitcoin Discussion
Re: He saved himself, or BTC saved him??
by
eb66
on 23/05/2025, 17:16:29 UTC
Sometimes too, it might not be that the children doesn't want to take care of their parents but the question is, are they themselves financially stable enough to be able to extend a helping hand to their parents or anyone else? Maybe the son doesn't have enough to sustain himself before thinking of the dad or perhaps the wife have turned them against him. Parents have needs to also plan for their own future after retirement or in case of any bad situation, so that they will still have something to fall back at.



If you think that only when you are financially stable or rich, you will think about repaying your parents. I bet you will never repay your parents because you can't be sure when you will be rich and whether your parents will wait for you until then. To me, personal finances are not a reason or barrier that prevents us from showing filial piety to our parents. Because parents don't need you to give them a lot of money, what they need is for you to be there for them no matter what happens.

Through this story, we are reminded that we should always have a backup plan for ourselves instead of thinking that we can rely on our loved ones. But I will not lose faith or doubt my loved ones because of this story. The world will have this person and that person and the man in this story is just the unlucky one.

In my village and those 3 people are my close friends. Their father is sick and bedridden but his wife and 3 children have taken care of him for more than 15 years without a single complaint. They were willing to sacrifice their youth to take care of their sick father, which shows that not everyone is as cruel and heartless as the wife and children in OP's story.


So like - the debt to parents can never be repaid. Bitcoin doesn’t replace the human obligation to care for one another, especially for our parents. It's true that many in the world struggle just to support themselves. Yet I’ve seen people with very little still do everything they can to care for their parents —sometimes just with time, words, or just like being there. That’s more meaningful than money.
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Topic
Board Bitcoin Discussion
Re: Pizza day
by
eb66
on 23/05/2025, 01:15:13 UTC
Today is Pizza Day, and BTC made a new ATH. I wonder how he would be feeling right now for giving out 10,000 BTC for just two Pizzas. LOL, I wouldn't be able to leave with myself if I were the one, and to my greatest surprise, he says he doesn't regret it.

How would you feel if you were the one who gave out 10,000 BTC for 2 boxes of pizza?
Both of these are the best idea today and they are also related to each other which is why it is very happy to see them both and their meeting like this indicate luck and a big investment. If he remember that I made this mistake then he must still be feel wrong today because he made a very big mistake and if we look he did it in a good way at that time because he did not know that the price of BTC would go so high. That is because you did not make this mistake and if you had who know what you would have done.

If I were in his place I would think every day about how to become rich now because why regret what has passed. Rather I should work hard from now on make myself strong and achieve success by earn BTC.

It's like from Fight Club:

The things you own, they end up owning you.

The man made his choice and entered history.
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Topic
Board Mining speculation
Re: Speculation on satoshi mining..
by
eb66
on 22/05/2025, 15:01:53 UTC
-SNIP-
Satoshi is most likely dead.

Or never existed in the first place.

Or we are all Satoshi.

Per the original post here, all of us can "be Satoshi" and mine to those addresses on CK Pool.

In fact, it would be the most egalitarian thing to do, as any coins mined would be effectively a donation to all of us
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Topic
Board Bitcoin Discussion
Re: Gemini has paid 100k in fees for a Pizza Day message
by
eb66
on 22/05/2025, 14:41:38 UTC
I don't understand how they can waste money like that. Wouldn't it have been the same if they get to pay $1K instead of $100K? I don't see the logic of it, unless they want to advertise with me and I can see that they have plenty of money but the advertising has been a bit expensive.

Although I see in the tweet they say they have “teamed up” with Gemini. I don't know, it still seems like too much money to me.

It's not waste.

It's marketing.

We and others are talking about it, increasing Gemini awareness in the world.
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Topic
Board Mining
Merits 2 from 2 users
Re: Bitcoin Mining Pool distribution
by
eb66
on 20/05/2025, 12:59:17 UTC
⭐ Merited by vapourminer (1) ,ABCbits (1)

There is one controversial Blockseer Bitcoin Mining Pool that is started to censor transactions from blacklisted wallets.
This pool also requires all miners to pass KYC procedure!
Blockseer is first North America bitcoin mining pool that will meet all US Government compliance.
They are located in San Francisco and have parent company DMG located in Canada.
This is alert for everyone, and we should not allow this to spill over on other pools.

Website and info:
https://dmgblockchain.com/
https://stockhouse.com/news/press-releases/2020/10/29/dmg-s-subsidiary-blockseer-launches-bitcoin-mining-pool-focused-on-good



One day, I feel this event will be seen as a canary in the coal mine.

Today most hashrate goes to Foundry or Antpool (or its vassal pools), backed by financial bindings to those pools in the form of loan covenants and other contract instruments. The common refrain of "The miner can just switch if there's a censorship attempt" no longer holds water, as who is the miner here? It isn't a cypherpunk with some rigs in their garage... Miners are business owners, with skin in the game and financial obligations, and they can't break contracts and stay in business.

Bitcoin has proven it is able to overcome real challenges when they become clear and present dangers - eg blocksize war - and so maybe it will require a direct threat and real censorship to lead to change in pool distribution.

When it does happen, we will look back and see the signs leading up to it.
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Topic
Board Mining
Re: Cloud Mining Scams Still Around?
by
eb66
on 19/05/2025, 21:06:00 UTC
Have you heard that Binance have cloud mining service? They are selling hash rate, and Binance is a trustworthy exchange.
There are two more Nicehash and Miningrigrentals are selling the same service and they are still around for years.
Well, I think there are many misunderstandings about the word cloud mining, because I feel that people also have the same experience as me when seeing cloud mining sites that are mostly scams. I think there needs to be a determination regarding the word, and regarding the cloud mining that you said on Binance or miningrigrental I think it's better to say it as "Miner Rental/ Miner Rental" or if we need still to use the word "Cloud Mining" then we should add the word "Real" and become "Real Cloud Mining". So the point is that Real Cloud Mining is Mining Rental that provides real hashrate with real hardware to use. And I got these words from miningrigrentals itself and they also emphasize the word "Real".

https://i.ibb.co.com/b5SgbswM/realllllll.png

Source : Miningrigrentals

To confirm, Mining Rig Rentals is legit -- have used them a ton while building a stratum proxy server.

One common thing with the cloud mining sites is their "profit calculator" makes no sense and does not clearly show the hashprice you are paying -- this is not like hashrate marketplaces, like NiceHash or MiningRigRentals or Rigly, where you see the hashprice posted front and center, and you can easily calculate what it is costing you to mine.

There's no free lunches...if someone is selling you their hashrate, why do this rather than mine for themselves?

Btw the same objections to cloud mining also apply to hosted mining. You may technically own the miner, but ask yourself ... what is the hosting companies incentive not to rug pull you once you've paid your $$$ ?

Post
Topic
Board Pools
Re: Braiins Solo 0.5% fee, no registration!
by
eb66
on 19/05/2025, 20:50:19 UTC
Introducing Braiins Solo!

Do you feel lucky? Roll the dice and join the bitcoin lottery mining 🍀

Check out the website for more information on how to use it.



I like it.

Couple follow up questions for the mining dashboard:

1- Possible to see full list of workers?
2- Can I view my worker history?

Thanks,
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Topic
Board Bitcoin Technical Support
Re: Need help plz
by
eb66
on 16/05/2025, 08:46:10 UTC
Hello guys , I mined bitcoin in 2009 or 2010 don’t remember when exactly and I forget about it . Now I am trying to find it in my old hard disk and I found gpg file but I can’t find the private rsa key to decrypt it . I analyzed the file and found the encrypted date is 6000 bits and I need a private rsa key with specific id key and my file is 165 MB , so my question is there any programs u tried can let me view the unencrypted part of the data or any tools u tried, and what is my options here .

Is the gpg file something you created?

I suggest looking for the original wallet file, or a backup of it, on that disk .. you'll have more luck with that than trying to open a gpg file without the private key.

Try reaching out to Dave at walletrecoveryservices.com - he has helped many people in this situation.
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Topic
Board Gambling discussion
Re: Who needs luck?
by
eb66
on 14/05/2025, 15:05:32 UTC
A lot of us say that if we want to win, we need luck. But is that really how it works?
I mean, luck isn’t something we can control or predict, it just comes when it wants, and sometimes, not at all.

So maybe it's time to stop relying on luck to win. Instead, focus on strategy, do your homework, and enjoy the game.
And if it’s a game where luck really decides everything (because of the house edge), then treat it for what it is, entertainment, not a money-making plan.
If you think luck is nothing and prediction is important for a gambler then why people loss after placing bet on the predicted team. I think prediction is a good thing which is very much essential for the users but it can't make the final result of the bet and that's why we can't say all the gambling sites/game is depends on prediction hence I think it fully depends on luck.

This thread on luck has made me remember the Monty Hall problem from statistics...

You’re on a game show (Let's make a deal, here in the USA). Three doors. Behind one is a car. Behind the others, a goat. You pick Door #1. The host, who knows what’s behind the doors, opens Door #3—and it's a goat.

And so you are asked: stick or switch?

Most people say it doesn’t matter. “Now it is 50/50”

But that’s wrong....

If you switch, your odds are 2/3. If you stay, just 1/3.

Why is this?

Because the host’s action isn’t random.
It reveals information. It’s not “luck” — it’s Bayesian probability in action.

This scenario is often cited as a case where “just trust luck” isn’t always rational. Real-world situations often feel random, but they’re shaped by hidden structures and decisions. Once you know that, you start to see that what we call “luck” is often just misunderstood information....
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Board Politics & Society
Re: Too many damaged people mentally + other ways
by
eb66
on 07/05/2025, 12:47:12 UTC
...
It willl be mature If we BAN wars globally that's the worse thing what damages people !!
Why there is no ban against wars Im surprised !

I think you are being kind of delusional there, to be honest. How is the world supposed to ban wars and aggressions between countries if there is no body which has jurisdiction on all countries around the world and could police them in an effective way?
If there have been something constant going on all along human history, it has been wars, and they are unlikely to stop happening, as long as there are rival republics which hold very important and deep problems between them...

Murder is illegal and technically banned in all civilized countries on this planet, and yet, you will continue to see people killing each other on the news. So what is even the point to suggest one could ban wars?
I don't get it.

There's the idea that bitcoin makes war (the forever wars kind) unaffordable.

While not a ban, which is perhaps a delusional daydream type of wishful appeal to authority, this idea is one of the things I find encouraging about bitcoin. As for violence on a smaller scale, I don't think we've yet seen how bitcoin can discourage that.. but I am optimistic.

Post
Topic
Board Politics & Society
Re: Too many damaged people mentally + other ways
by
eb66
on 06/05/2025, 13:11:57 UTC
It willl be mature If we BAN wars globally that's the worse thing what damages people !!
Why there is no ban against wars Im surprised !

Those that should make all these happen are the ones behind the occurrence of various wars we have around the world, so don't just expect it to end, but pray for peace, so that whenever anything related happened, you will not be affected, there is a lot going on which we don't know, but the world leaders are not all in same symphony, and this will be difficult for them to agree on anything and fight it together, as we can see from now on, everyone of them is trying to survive on his own and take more serious the aspect that concerns them than the general to handle.

Agree re: pray for peach. I do feel there is hope if we look at the history of nuclear weapons:

After WWII, it seemed likely nukes would be used again - the test bombs got bigger and bigger, "duck and cover" drills in the USA, etc - but we’ve avoided that not by luck, but through treaties and mutual restraint.

This is to say that even enemies have agreed not to destroy each other. That’s not peace, but it’s something. A full ban on war may be unrealistic, but the fact we haven’t wiped ourselves out shows some progress — and maybe a sign that humanity can grow.