Search content
Sort by

Showing 4 of 4 results by thecatinc
Post
Topic
Board Bitcoin Discussion
Topic OP
Remembering the earily days of mining...
by
thecatinc
on 26/07/2020, 07:22:59 UTC
Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin Become Negative in Value?
by
thecatinc
on 26/07/2020, 04:44:55 UTC
Bitcoin is certainly valuable but Bitcoin can never be negative because it isn't a stable currency the worth is low and high but if the worth goes up we will easily make a profit cryptocurrency is additionally referred to as digital currency alternative currency or virtual currency.

Correction: No currency would ever be negative - They can only equal to 0. The prices of oli was negative because they cannot find a place to store them.
Correction 2: A value of something is determined by the equilibrium.
Correction 3: Don't have the mindset of Bitcoin is a "get-rich-quick" thing. It is not. The value behind it is from the miners and the technology behind it.

PS: IF Bitcoin [or any other cryptocurrency] were to be in negative in value, simply, you just need to burn your private keys/seed (or send it to a burn address). (note: Most exchanges DO NOT Support trades in NEGATIVE terms so I suppose that this would be very unlikely to happen).
Post
Topic
Board Mining support
Topic OP
Using Google Cloud to Mine Vanity Address
by
thecatinc
on 08/06/2020, 04:06:12 UTC
Hey everyone,
Recently I have been Google clouds free trial to mine vanity address (Ether addresses using vanityeth because I cant figure out how to configure vanitygen into the VM).

I have a few question regarding this:
1. Is this against the google cloud tos? (I don't think it is but it's sort of like mining)
Google stated that "2.2 Customer may not use the Services to engage in mining cryptocurrency"

2. How can I keep the vanity app running even if I close the SSH terminal?

Note: I had been running a single 8v core VM with max cup utilization for 24 hours and I haven't got banned yet.
Post
Topic
Board Bitcoin Discussion
Re: New To Bitcoin/WikiLeak
by
thecatinc
on 01/06/2020, 08:22:08 UTC
If you don't want to spend any money on a hardware wallet the cheapest is to use electrum [1] or a paper wallet [2]
Note that I don't trust web wallet as you don't have the PK (private keys) to your funds - AND NEVER EVER SHARE YOU MNEMONIC OR PK TO ANYONE!