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Showing 20 of 35 results by ottokoester
Post
Topic
Board Mining
Re: Mining "without internet"
by
ottokoester
on 16/06/2022, 17:26:22 UTC
What you are describing as 'offline mining' is no better than putting a note in a bottle, tossing it in the ocean and waiting for someone to pick it up, read it and then replying with another note in a bottle.

At least with DBS links there is no blocking possible by a gov simply pulling the plug although latency will certainly be an issue.

I do understand that mining requires node to communicate.  I am talking about communication without internet, not "absence" of a communication link.  I used the word "offline" at the end referring specifically to internet being down, though I understand the confusion and edited that part.  What a goTenna can indeed be compared to "tossing [transactions] in the ocean", but that isn't the topic.

I doubt that governments can't shut that down DBS (Direct Broadcast Satellite).  That would mean that they also can't force BlockStream to stop feeding data to the satellite.  And being centralized, BlockStream itself can decide to stop broadcasting.  But as I said, it is indeed a very good tool that can provide for the inbound part of the communication.

I believe that the operator of a big mining farm would happily use communication channels with a few seconds latency over being completely disconnected and have their hardware sitting idle.

A miner (especially a solo miner) does NOT NEED low latency.  In fact, Bitcoin and Proof-of-Work are DESIGNED for high latency and low throughput.  Lower latency if is financially preferable for miners and reduce the likelihood of stale blocks, but is in no way a requirement for the network to be healthy and fully operational


Does anyone know if the BlockStream (or any) satellite can receive blocks or transactions? (other than the company itself, of course)

"but is in no way a requirement for the network to be healthy and fully operational" Yes it's required, because as you know... and said... you will be in a "blackhole" of stale blocks

Blockstream was not developed for Mining Purpose, it is core-lightning Network solution... since beginn when Adam tried to push the idea, many people was not accepting because most people that time was looking for mining solution... well Peter and some other crypto guys from many places, like from Japan, Holland and Australia, they've started to show how it was possible to run the "lightningnetwork/ppa" ... I remembered ho Pi was very nice for that and how we could register all transactions... but the main purpose was to open a registration channel or a second backup line that could work as a "Liquid" side channel to guarantee the stable life of the $BTC ... specifically when it was necessary to confirm the transactions reducing delays and stopping the unconfirmated transfer of bitcoins... with the first real Huge Pump around 2017-2018 the things started to gain more attention and many exchanges started to adopt the Lightning Network. This process (for me) saves the Life of $BTC, but this is another discussion about forks whatever... focus on your issue... what you are trying to follow... as a Miner is (almost) completely insane... also Adam offers this service as a real Business Class for mining, called as "Blockstream Mining" ... but I'm completely sure that it's just another way to use a "middle central idea" to produce pow coins, exactly, as is produced from Asia Miners like Antminer or from all chinese "controlled" companies like  Viabtc Technology Limited... well if you want to mine, there is no other better way like to be fast and to have power... it is that... you need to have a real fast stable connection, really connected many nodes, 100% accurated and of course with power... I'm meaning hashrate a real decent hashrate...  Undecided

Post
Topic
Board Trading Discussion
Re: Bottom For Bitcoin?
by
ottokoester
on 16/06/2022, 16:43:52 UTC
No one can perfectly predict the exact bottom for BTC but there could be very close predictions. Also knowing the best time to buy isn't certain .It could get to $15k though. In the end you'd be the one to decide on the risk to take

Some guys are talking about 5k --- and actually I think that its not impossible...
Post
Topic
Board Trading Discussion
Re: Bottom For Bitcoin?
by
ottokoester
on 16/06/2022, 16:42:23 UTC
What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

Well, with all my experience since 2013, I was knowing and prepared for 24k... but after these last days, I can surely say to yu that everything is possible... I mean everything... 18k - 5k  Undecided Undecided Undecided Sad Sad
Post
Topic
Board Altcoin Discussion
Re: >>> ATTENTION: Don't invest in DEVIANT COIN. Be careful!!! <<<
by
ottokoester
on 26/11/2018, 12:34:08 UTC
Thanks for the great information you have giving us,information like this will help us to become very wary about bad projects in the market and also assist us in knowing scammers in the cryptocurrency space

Hi,

100% against scammers!
Post
Topic
Board Altcoin Discussion
Re: >>> ATTENTION: Don't invest in DEVIANT COIN. Be careful!!! <<<
by
ottokoester
on 26/11/2018, 12:33:08 UTC
Thank you mate for the information provided. My friend is an investor and he just wanted to invest in this project. I told him about it. And now he will not invest. Thanks again for saving you from losing money.

Hi Andruha1993,

I'm just trying to do my best. You're welcome.
You can check the coins in trustful exchanges. If you are looking to invest in Masternodes, there is a lot of good options, you just need to take care about which exchange is operating with your desired coin. This is the most important thing to do, don't believe about information, how many coins you will receive, the idea of the project... and these things that are used... you need to check which exchange is operating the desired coin, how many exchanges listed by the coin are real trustful exchange (as example Poloniex and HitBTC are not trustful today) and the real VOLUME/PRICE ... in fact everything is connected by Volume and Price... example, masternodes.online will give you an information, price of coin... 0.00004000 Satoshis... ok... but this is not the real price... if you are looking to buy 5k (5 thousand coins) you need to see how many orders are opened, and the price of these orders... because it will never... never... never... the price that you got... the real price is how many coins you are buying at the orders lists... if the price is listed by 4000 Satoshis... you go to the exchange and probably the first order with a lot of 200 Coins is selling by 4100 Satoshis... than the second order 4120 Satoshis... than the third order 4400 Satoshis... than let's say that the last order you got 4450 Satoshis.... so for you 5000 coins to build you Masternode... will never be the price of 4000 Satoshis, informed by these websites... practically, you need to calculate too... the risk... if you need to sell the 5000 coins... after any problem... you will receive less that you are paying...

OK.... this is strange, but this is how it  works... definitely... and in my case, it was more bad than you can think... what ever... it does not matter... just in case to alert... I can not sell my coins... withdraw my coins... or anything... a kind of risk... that you will not have, if you choose a right exchange, an exchange that will not steal your coins, trustful and of course... dedicated with the compromisse with customers, investors and community.
Post
Topic
Board Altcoin Discussion
Re: Don't invest in DEVIANT COIN. Be careful!!!
by
ottokoester
on 26/11/2018, 12:13:44 UTC
Hi Tylev,

We need to write more about such scammers so that they do not steal money from investors and do not undermine the credibility of cryptocurrency. We can also create anti-advertising with such an ICO, although this may slightly change such a bad situation among ICO projects.


Yes, this is my aim. Unfortunately I was not seeing this as a good option, because this is very difficult.
First, we need to prove. We need to know what's happening and try to discover what it's the real propose in this kind of situation.

Yes! Advertising is the most important factor, that we need to be careful, because I got interest in this project with advertising used by Youtube, learning about the structure of the project and final decision was, when I see the coin listened by Cryptopia Exchange.

This a very important thing too:

This Exchange is worst than Poloniex! I thought with my short experience that Poloniex was a bad Exchange, but Cryptopia is worst than HitBTC and Poloniex, these guys are taking the money from the customers, they are freezing the wallet service and negotiating the coins in parallel modus in others exchanges with sub-accounts. It's disgusting.

Other factor, was the information published by Masternodes.online and Masternodes.pro - other thing very problematic today - because we think this is trustful and IT's NOT trustful!

The guys from Deviant Coin (DEV) are working together with these people from Cryptopia.

Using typically, advertising paid by bounties and bringing people to the exchange and than, they can take the money from the people.

It's sound like crazy but it's exactly how it's working, I'm investing in these people, since they started.

At the start, I've invested about 8.4 BTC in this project, when it has started I made 2 Masternodes, in the queue List at Explorer, the first number 24 and the number 38, with all coins bought at Cryptopia Exchange. Excluding the huge losses that I have at Cryptopia too...  

They had many problems, but everybody has problems and we can not affirm things because the people has problems, how they've worked and explained to the community, brought me trust, but in fact, they are not just amateurs, as I supposed, they have inclusive a supposed hacking this year affected by vulnerability at the source code, treated by snapshot, but I've my doubts if this was just a classical movement when the people start to do some actions, like "Money laundering", because in Cryptocurrency, you have Cryptocurrency laundering too... than started to be a massive operator selling dreams and never using a real communication, the team is anonymous ATM and they are very selfish, what they use arguments like: we are building the future of cryptocurrency, a real decentralised coin, a hardware wallet... and bla-bla...but never got a real exchange... what it's the most important factor in cryptocurrency, cryptocurrency is more than an IT-Thing or a Technology, the name is saying what is... a currency... and a currency to reach good and established position needs VOLUME... in fact the never wanted that... and actually, I discovered with more things that I was thinking.

Today after all problems, I'm sure that I will not take my money back, but I still with all proof...
I've screenshot from everything.

I could tell more about this, publish everything now... but the most important thing, just don't invest in this coin... who invest in this coin, with Masternode, Staking or just operating by Exchange (all these things, I was doing) will loose money and the most important thing that I can do, it's to bring attention and tell my case, tell my history with all my evidences and help the people not to loose money like I lost.

This is very important for me, because my old and big friend told me, not to invest in this masternode... and I've not believed in my friend because he could not prove what he was saying, he was just using an argument that it was a feeling... anyway he was right... I've risked and now I'm paying, the small thing that I can do it's explain to the community, that it's very important to know very well, what kind of coin you are investing, specifically these days that we are having a crash, what it's clearly caused by these problems.

The future of cryptocurrency, it's directly connected to an important thing: TRUST!

I'm here to explain everything about. And of course to inform and to help the community.

I repeat again, if you want to invest in Masternode or POS, go to coins that are operating by real exchanges, exchanges that works offering to the customer a real support and has an important feedback. Bittrex, Bitfinex, Binance, Huobi, Kucoin are good example... Exchange who is working with pathetical coins is very suspicious... under valuable coins more suspicious... it's not difficult to find good POS Coins, maybe it's more expensive, but not so far what you will loose if somethings goes wrong like my situation.

Well, I'm here... I hope that I can be more helpful as I can, as possible...
Post
Topic
Board Altcoin Discussion
Re: Don't invest in DEVIANT COIN. Be careful!!!
by
ottokoester
on 26/11/2018, 04:36:42 UTC
They are not respecting the community and the rulers, that they created at many channels, like Telegram, Discord and others, they are not respecting and they try to make some illusion and and convince the people to calm down and stay giving money and time to them project, now, completely controversial, for what, it was propose.

There is a lot of good projects, that we can verify success, like THC, SMART, EXCL and many others, but this coin DEV is operating under very suspicious circumstances, what today, surely, I can prove.

Post
Topic
Board Altcoin Discussion
>>> ATTENTION: Don't invest in DEVIANT COIN. Be careful!!! <<<
by
ottokoester
on 26/11/2018, 04:27:12 UTC
Hi Guys,

Be careful with this coin.

DEV - Deviantcoin

After months of investment with this coin, I could see that this coin, has the worst team.
In fact, they don't care about the idea how cryptocurrency is working and actually they're working as a centralised company but using anonymity, to have a secure fact, when the bubble explode, they will take the whole money.

I know how can I explain with facts that I can prove, but the real problem, they prefer to protect a private exchange working together and against the real community, investors and the customers, who invested and paid directly to this project.

As "force majeure" we can attend to the fact that Cryptopia is crashing with your coins, this guys are working side by side with Cryptopia and help them to steal the coins, profit of the exchange's customers. I can prove everything like many others, who suffered with a huge loss and of course with the lies that this team used, together with Cryptopia LTD (New Zealand), crashing the people.

If you want to invest in a Masternode, try to invest in Masternode with a good team, rule number one, you can discover this, if a real exchange, like Bittrex, accept this coin. Exchange like Cryptopia, you can just check at Twitter Comments to see what they are making with the people.

For more requires, information, this topic it's dedicate to this.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
ottokoester
on 07/11/2018, 22:14:16 UTC
very promising coins, in my opinion, the price reached $ 0.1. What are the prospects for this coin. Do you think if I buy it in the long run, it’s ok


Well, what do folk think? (I have no clue) Sad

Will, the previous NON-obelisk miners/GPU's etc that probably account for 90% of all the coined mined previous to 11/1/18 fork sell?

or even after obelisk kinda yanked the rug out from under...they will HODL?

What do folk that DON'T have an Obelisk miner doing? I realize the Bitmain A3 at 815gh and like 1375 watts is probably off the table for

any mining of any siacoin forked or not.....that boat has sailed..but again..probably 40-50% of Siacoin was mined by these folk....assuming

they were in HODL mode...I wonder what the selling ratio or HODL ratio will end up being in a couple months?

anyway, again, I know zip...just tossing it out there on this thread

brad



In fact, this situation is just showing to the community that there are no decentralization.

I can agree that Innosilicon and Bitmain are companies without respect for the IP and other Schemas created by international communities (who knows the case of Bitmine AG in Switzerland, knows very well that Innosillicon is like a cancer) but everybody knows that these companies sold out all machines and made already a huge profit, nothing will change or affect these companies, include that these are not just selling machine, but previously pre-mining in secret... the only answer, who is loosing with this decision? It's always the last user, normally people who invest a lot of money and they can not have a return of investment... and since the code is an open-source code and decentralised, the code needs to be exposed to the community, need to be developed and take the right decisions like a decentralised community who has previously already manifested about this.

And ... there is nothing regards like... to take a decision as a private company who is loosing money because the Chinese manufacturers are taking the market, in fact this decision, it's a complete evidence that SIA Coin is a Centralization and operated by a Private Corporation, and like every other ASIC Company is just thinking to make money soon as possible, so it's the game... I'm completely sure, that SIA Coin will be like Ripple or something very closed to centralization but more stupid, because there is no Maximum Supply, what improves the factor Inflation and against the natural propose of Cryptocurrency, the Deflation, by the statement of Bitcoin at the past in our "Cryptography Mailing List"...

"The main properties:
Double-spending is prevented with a peer-to-peer network.
No mint or other trusted parties.
Participants can be anonymous.
New coins are made from Hashcash style proof-of-work.
The proof-of-work for new coin generation also powers the
network to prevent double-spending
."

Where are going these people, well... everybody knows... to the famous crash, which only
Post
Topic
Board Service Discussion (Altcoins)
Re: Is Cryptopia Reputable and One of the Best?
by
ottokoester
on 23/10/2018, 11:12:38 UTC
Does Cryptopia have a KYC policy?

I would like to register on a crypto exchange and transfer some coins on it. Then I would like to make some trades.

At no point would I want to use the crypto exchange to convert coin for FIAT but I would like to keep them with a safe. Then at some point I will transfer the coins to my desktop.

I am looking for a crypto exchange that will not ask for my ID to transfer coins in or out.

I would appreciate advice please. I see on their website they purchased Nova Exchange so hopefully they will not do a Cryptsy.

Cryptopia has all policies, but it's a centralised exchange with manipulated orders!
Alls orders by all coins has Bots manipulating the price of the coin, they are very sophisticated algorithms with some instructions based on your actions, that they can change the prices immediately as you receive some deposit and start to trade in any coin...

The problem is, Cryptopia is the unique Exchange who give opportunities to new alt coins, specifically and based in Masternodes Rewards, POS... however the take a huge commission of your aim, like to build a new Masternode for you profit... I could say that Cryptopia is an Exchange focused to promote coins for Masternodes, of course my opinion, based on my trade and my (miserable) miner life...

Anyway, they are not scammers. This is very important and positive thing in crypto life.
Post
Topic
Board Currency exchange
DEV Coin in Germany - Looking for buy (new - after swap) - Face2Face
by
ottokoester
on 29/06/2018, 09:48:29 UTC
Hey guys,

I want to build fast as possible, my third Masternode.
Who in Germany or Netherland is interested to sell DEV coins after swap ( I mean now), because the exchanges are not working and I want to build my third MN, currently I need 4000 maybe next days just 3500 DEV.

I want to pay with Bitcoin, DASH, Ethereum or SIA Coin.

Please contact me here or via PM. I will not accept escrow or any kind of trading that we can not meet, avoid scammers!

Thanks.

Sincerely,
Otto

 Wink
Post
Topic
Board Economics
Re: What is the true potential of Blockchain and decentralisation?
by
ottokoester
on 11/05/2018, 18:33:30 UTC
I think that today is the day, that the Bitcoin is completely stoled!
All coins going down, many rumours, governments, asic machines centralised in China and sold out with any discrepancies about the ecosystem... but the most evil movement, it was the IP of Bitcoin - Exchange... this is exactly what it does means: Backs to centralisation.
The Blockchain history is starting a new movement, where the bankers and the governments will take the control...

https://www.coindesk.com/the-winklevoss-brothers-have-won-a-crypto-etp-patent/

And...

https://blokt.com/news/jp-morgan-chase-files-patent-for-applying-blockchain-technology-in-financial-settlement-and-reconciliation

"JPMorgan Chase Files Patent for Applying Blockchain Technology in Financial Settlement and Reconciliation
JP Morgan Chase & Co will soon be using Blockchain technology to clear interbank financial transactions and settlements."

This is the reason why Mt. Gox moved 8200 BTC from their cold wallet today!

Let's see whats happening now...

I hope that some Hackers save the cryptocurrency.
Post
Topic
Board Mining (Altcoins)
Re: Antminer A3 - 2 dead hash boards
by
ottokoester
on 27/03/2018, 18:05:20 UTC
Hi,

I've just received two Antminers A3 and I got the same problem with one miner, one Hash Board is not working. The Hash Board is completely faulty or dead, "xxxx"  "3   60   600   0.00   407   23   24   xxxxxxxx xxxxxxxx xxxxxxxx xxxxxxxx xxxxxxxx xxxxxxxx xxxxxxxx xxxx"
What it is more impressive, it is the question about pool, yes, after a firmware reset, if I change the pool, it appears the board with 0 GHs, with the pool siamining is showing a dead board, with other pools the board is not loading.
Anyway, I tried everything, change the USB cables, test the PSU, test each Hashboard separately and just this board alone is not working.

I've just created a repair ticket, could someone actually tell me how many days comes a new Hashboard for A3? Or any help?

Thanks in advance!
Post
Topic
Board Computer hardware
Re: 8x Antminer S9 + PSU - New (Batch 11.01) - 4200 EURO - Only Local Visit (FRA-DE)
by
ottokoester
on 18/01/2018, 22:03:59 UTC
It clearly states "PAYMENT ONLY WIRE-TRANSFERS, BTC or BCH" it's obviously a scam and saying that he will provide plane tickets and accommodation is absolute bullshit no one will buy from him if he is only accepting wire transfer or crypto because they have no buyers protection.

Well, I guess there is no point arguing with someone who questions the validity of local pick ups... *facepalm*


I sold the whole batch, easy like food.
Food for who suffers "Goldfiever" ... Food for good people interested to do good business.
And there is some people who is thinking, I'm scammer ... people who don't have money to visit me and check the miner personally, just like a REAL PERSON with REAL NAME. So ist das Leben...
Post
Topic
Board Computer hardware
Re: 60x Antminer S9 + PSU - New (Batch 11.01)
by
ottokoester
on 18/01/2018, 00:34:57 UTC
No Escrow? Obivously A Scam.

They offer (recommend) local pick up...

You wanna bring your escrow with you? lol

It clearly states "PAYMENT ONLY WIRE-TRANSFERS, BTC or BCH" it's obviously a scam and saying that he will provide plane tickets and accommodation is absolute bullshit no one will buy from him if he is only accepting wire transfer or crypto because they have no buyers protection.

You think that you can talk about me or everyone, just because you have a status as a "jr. member" but who are you to talk that it's a bullshit to offer for the clients a good service? You are a kind of person, who is always writing, writing and writing... but never close a container in China, if you have just one travel of experience that I have, you will have more respect, before to start a discussion in one place... we are selling machine and we are selling personally, you, miserable idiot, if you don't have a time to discuss and to do a real offer... go away, you don't have money or BTC to talk about this, you have never worked with containers or special shipment... and you don't have any idea what it does means RMB... people like you, it's just more one reason that I prefer to stay as a "newbie" and do not use the forum... so viele Idioten...
Post
Topic
Board Computer hardware
Re: 60x Antminer S9 + PSU - New (Batch 11.01)
by
ottokoester
on 17/01/2018, 15:28:22 UTC
At the very least you should provide photos of all 60 units with your username written beside it on a piece of paper and the date.

You can contact me per PM, do your offer and we can do a video conference.
You can see everything live.

I can provide photos and everything what you want, but just private contact, just real and professional offers.
We're not amateurs, we're not scammers.

And 10 Machines are already sold.

Sincerely,
Otto
Post
Topic
Board Computer hardware
Re: 60x Antminer S9 + PSU - New (Batch 11.01)
by
ottokoester
on 17/01/2018, 15:25:35 UTC
You can contact me per PM, do your offer and we can do a video conference.
You can see everything live.

I can provide photos and everything what you want, but just private contact, just real and professional offers.
We're not amateurs, we're not scammers.

And 10 Machines are already sold.

Sincerely,
Otto
Post
Topic
Board Computer hardware
2x Antminer S9 + PSU - New (Batch 11.01) - 4650 EURO - Only Local Visit (FRA-DE)
by
ottokoester
on 15/01/2018, 13:03:05 UTC
Howdy,

I'm selling 2 Antminers. (58 Machines are already sold)

The miners are in Germany, closed to Frankfurt.

Offers with low prices will not be answered, please do not insist, try to give your money for scammers, but there is no way for us to accept offers below 4650 Euro.

I can provide more details via e-mail, video conference and etc.
Just send me a private message with your offer.

Please, REAL OFFERS, I'm NOT INTERESTED TO CHANGE, PAYMENT ONLY (PERSONALLY) WITH CASH, BTC or BCH.
Test the Machine, pay and take with you immediately. No Shipment, please.
Do not insist, this is EYES TO EYES, you need to come at the place, see the miners, do the payment and take the miners with you.

Thanks!

Sincerely,
Otto
Post
Topic
Board Computer hardware
Re: Gauging US interest in s9 Jan 11-21 batch
by
ottokoester
on 14/01/2018, 09:40:08 UTC
If the miners are new and with PSU, 4000 USD is not bad!
I can pickup and pay locally, Cash, BTC, BCH, ETH or DASH.
Post
Topic
Board Computer hardware
Re: [WTS] 50 X Antminer s9 [Local pickup prefered]
by
ottokoester
on 14/01/2018, 09:35:07 UTC
100% Scam!
Please, don't lose your time, guys!!!