Search content
Sort by

Showing 20 of 96 results by scooter
Post
Topic
Board Computer hardware
Re: I will purchase used block erupters
by
scooter
on 24/11/2013, 19:00:09 UTC
I recently had a chargeback from a scammer on ebay.

It worked like this.

1: I got notice of the chargeback and the funds in my paypal account were put on hold
2: I uploaded the tracking information to paypal showing that I did indeed ship the item
3: 10 days later the money was returned to me and all was fine.

If that happens.. its just scammers using stolen credit cards and you are covered.

But... There is a different kind of scam which is much worse.
Scammer buys the item. Then opens a case with ebay saying the item is broken or not as described.
You are required to tell the buyer to send it back for a refund.
The buyer mails you back an empty box.
Ebay still forces you to refund the money.
Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: Neural Bitcoin miner?
by
scooter
on 24/11/2013, 06:48:09 UTC
I dunno.. this looks like a legit company.

Their primary business is winning the lottery.
But since the value of lottery pools on any given day is limited.. and the value of bitcoins is pretty much unlimited.. It just seemed like a better idea to make hardware that mines bitcoins rather than win the lottery.

Companies that can win the lottery don't need to run ads on their site. Nor do they need to sell anything, considering they can always just go and win the lottery...

Yeah but do you see the value of lotteries going higher than the value of bitcoins?
It doesn't make sense to use all that hashing power to win the lottery when you can get bitcoins.
Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: Neural Bitcoin miner?
by
scooter
on 21/11/2013, 23:18:03 UTC
I dunno.. this looks like a legit company.

Their primary business is winning the lottery.
But since the value of lottery pools on any given day is limited.. and the value of bitcoins is pretty much unlimited.. It just seemed like a better idea to make hardware that mines bitcoins rather than win the lottery.
Post
Topic
Board Pools
Re: [100 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested
by
scooter
on 29/10/2013, 18:15:10 UTC
hi,

where i can talk with a slush pool administrator ?

You must travel to their location and speak with them in person. But only after passing a background check and paying a fee of 142 BTC.
Post
Topic
Board Pools
Re: [100 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested
by
scooter
on 27/10/2013, 00:52:29 UTC
The luck in recent days pleases me.
Post
Topic
Board Bitcoin Discussion
Re: SilkRoad domain Seized?
by
scooter
on 02/10/2013, 22:41:42 UTC
Once he started doing interviews with Forbes and other media.. I knew it was only a matter of time before he got caught.
Not that the interviews had anything to do with him getting caught, just that it indicated he was the sort of person that was not smart enough to stay hidden.
Post
Topic
Board Pools
Re: [65000 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested
by
scooter
on 29/09/2013, 03:24:35 UTC
So, if killing a virgin cat actually helped you get more bitcoins. How many bitcoins would make it worth it to kill a virgin cat?
Post
Topic
Board Hardware
Re: Redhash by TAV. A new 105 Gh/s ASIC miner. IN STOCK NOW!
by
scooter
on 27/09/2013, 19:11:02 UTC
This is the way to sell a product.. make it first.. bring it to the market

Tru dat!
Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: Whats everyone doing with their GPU now?
by
scooter
on 26/09/2013, 19:17:18 UTC
Gaming.
It is fun.
Post
Topic
Board Mining
Re: Is This USB ASIC Miner Worth It?
by
scooter
on 26/09/2013, 08:46:24 UTC
So, what is the lifespan of USB Block Eruptors? When are they expected to fail, die, overheat or otherwise stop working?

What if you are going long on BTC and are hoping to mine as much as possible and sit on them for the value to build (hopefully all the while still slowly upgrading and adding more hardware)


In theory if you keep them cool they should last many years.
But I don't think anyone will know for sure until enough time goes by that people start to see them fail.

When bitcoins were at $15 a lot of people were saying GPU mining was dead because the cost of electricity made it unprofitable.
Then the value jumped and it was profitable again for a while...

Perhaps the same thing will happen again.
Sure, its easier to just buy coins and sit on them but its a lot less fun than tinkering with hardware.
Post
Topic
Board Pools
Re: [65000 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested
by
scooter
on 26/09/2013, 08:25:22 UTC
14 Hours and counting  Cry

Why is everyone counting? That only encourages the count to go higher!
Post
Topic
Board Hardware
Re: the how much btc/fiat have you lost mining thread! end of 2013 edition
by
scooter
on 20/09/2013, 03:36:24 UTC
I haven't lost anything yet. All my coins have remained secure in my wallet aside from the ones that I have spent on reasonably priced and promptly delivered goods and services from reliable businesses and individuals.
Post
Topic
Board Altcoin Discussion
Re: so whats happening with litecoin?
by
scooter
on 17/09/2013, 07:27:55 UTC
Maybe someone should make a new coin called OsmiumCoin. Osmium is super dense and thus would be more desirable than litecoin.
Post
Topic
Board Pools
Re: [65000 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested
by
scooter
on 15/09/2013, 22:49:46 UTC


My suggestion: quit running that card.
My question: how much more do you pay on energy compared to your BTC reward? Smiley

Nothing wrong with using a utility as a currency exchange.
The higher cost is just the premium the utility is charging you to convert one currency to another.
Post
Topic
Board Hardware
Re: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World
by
scooter
on 15/09/2013, 06:43:29 UTC
If I had the money I would buy some and quickly sell them for double on ebay.
It seemed to work well for people when the BE's came out.
Post
Topic
Board Bitcoin Discussion
Re: Realistically, how safe is a dedicated HD or SSD as cold storage?
by
scooter
on 11/08/2013, 09:33:53 UTC
Quote

I always use randomly generated passwords, of the type that alternates letters and numbers. Sometimes symbols.


Ya, I use keepassx to generate strong passwords for me.

The crappy thing is every website has different requirements on which symbols and length can be used.
Post
Topic
Board Bitcoin Discussion
Re: Realistically, how safe is a dedicated HD or SSD as cold storage?
by
scooter
on 11/08/2013, 06:23:06 UTC
I would avoid backing up encrypted bitcoins to cloud storage considering it has been revealed that if the NSA finds you have encrypted files they can keep them as long as they want because they assume you are hiding something from them.

They will crack your 30+ character password in, maybe 300 years. Probably a lot more. Or let's be optimistic and they get to crack it 10 times faster. 30 years. Or even 100 times faster. 3 years.

Let them keep encrypted files as long as they want. They will not have access to it in the time frame they need.

More than enough time for you to make a new wallet and transfer your coins to the new wallet.

That entirely depends on what passphrase is used.
A 30 character password composed of dictionary words with a few numbers can be quite weak.
Post
Topic
Board Off-topic
Re: Please help me and my friend
by
scooter
on 10/08/2013, 03:34:08 UTC
I would say for 10,000 bitcoins he should try to remember harder.

Perhaps you could try some "enhanced" interrogation techniques on him to help him remember?
Post
Topic
Board Bitcoin Discussion
Re: Old people, how did you protect purchases before widespread use of credit cards?
by
scooter
on 10/08/2013, 02:30:51 UTC
The problem is there is no way to build common sense into a product, service, or system.

This is why passwords are hacked so frequently. Despite all the education, people want something easy to remember. So, they choose something easy to crack.
The only way to solve the problem is to force people to choose stronger passwords, which inevitably fails.. or to completely re-think the way authentication is handled.. something a lot of people are working on.

I think it is a similar issue with bitcoin.
Despite all the info out there, people are still getting bitcoins stolen and people are still getting scammed.. sometimes even by companies or people who seemed to have an ok reputation.

Unless a technical solution is found that does not rely on trying to educate people, it will hinder widespread adoption of bitcoin.


common sense arrives when the majority know about something and know enough to make educated decisions.. computers in many of the 'silver surfer' (gran and grandpa generation) are still new.

many people will develop their own ways of making lengthy passwords.

even if it is using a parents maiden name, a date of birth and a selected word all in one. then to make it different by adding in a part of the website address or something about the website.

EG
obama8461Potusbitcointalk - used here
obama8461Potusbitcoininfosource - used here
obama8461Potusmtgox - used at mtgox
obama8461Potusmakemerich - used at mtgox

those are obviously 'unique' lengthy passwords. which even if you knew all 4 parts of the information (well the website is easy to guess Cheesy) the order they are in makes it harder to guess on websites that only allow 3 attempts. this should be the basics of password creation for everyone, even those with memory issues

The problem is those are not as secure as you might think.
Sure, the website may block a user after 3 attempts to login, but if the site is hacked and the database is downloaded the same GPU power that is used for bitcoing mining can be used on the password hashes.
Something that I think happened here at bitcointalk once long ago. But certainly happened to numerous other bitcoin related sites.
A really good article on the topic was posted at ARS Technica earlier this year. http://arstechnica.com/security/2013/05/how-crackers-make-minced-meat-out-of-your-passwords/

Post
Topic
Board Bitcoin Discussion
Re: Realistically, how safe is a dedicated HD or SSD as cold storage?
by
scooter
on 10/08/2013, 01:58:40 UTC
http://www.mdisc.com/  This promises 1000 years of stable storage.