20 Insane Bitcoin Mining Rigs

Crypto and Bitcoin Mining Rental Rigs and Cloud Mining, What's The Catch?

I am referring to sites like these:
The 3rd one is a Chinese website that boasts Electricity Bill 0.046 $/kwh. How do I get 0.046 $/kwh if electricity in my area is 0.18 $/kwh. Are they sending me a physical machine or leasing their 'profits'.
What's the catch? Why would they want to rent this to me when they can just plug it in and make the profit themselves?
Maybe they are doing this because the halving eroded their profits?
Is this a hedge in case Bitcoin falls? Or.
Are they making a profit difference on the spread of what the miner makes and what they charge me to rent, best case scenario leaser and purchaser both makes money?
How is this not a big thing yet and wide known and why doesn't everyone just dump their money into this if it seems like the websites are just saying and advertising it's free money as long as you have the capital to rent.
It sounds all too good to be true, please enlighten me.
submitted by kotachendoge to BitcoinMining [link] [comments]

ULPT: You can increase your margins mining crypto by hooking up your bitcoin mining rig at a rental where you have negotiated a rental rate with utilities included.

ULPT: You can increase your margins mining crypto by hooking up your bitcoin mining rig at a rental where you have negotiated a rental rate with utilities included. submitted by Readditor57 to CryptoCurrency [link] [comments]

ULPT: You can increase your margins mining crypto by hooking up your bitcoin mining rig at a rental where you have negotiated a rental rate with utilities included.

One of the primary costs, outside of the actual upfront cost of the equipment, is paying for the energy used to power the mining equipment. A way to lower your expenses and increase your margins is by finding a landlord that is willing to let you pay rent with utilities included. The landlord will end up bearing the cost of your power consumption. For more on Bitcoin Mining Rigs Click Here
submitted by Readditor57 to UnethicalLifeProTips [link] [comments]

(UPDATED) Faucets, Mining and Rig rental links List | Paste4BTC.com - Earn bitcoins by pasting!

submitted by Novablaze1981 to Bitcoin [link] [comments]

Foreman: manage your ASICs and FPGAs remotely!

Hello Reddit!
I'd like to welcome you all to try Foreman, our miner management platform.
Site: https://foreman.mn/
Demo: here
What we offer:
What we support: (user request driven - you ask, we add support)
ASICs and FPGAs:
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If you have any questions, don't hesitate to hop on our Discord.
BitcoinTalk: here
Medium: here
Twitter: here
Open-source: here
Happy Mining,
The Foreman Team
submitted by lambrosif to BitcoinMining [link] [comments]

morning joe

Stocks are set to end the week on a high note after four of the biggest tech stocks - Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Facebook (NASDAQ:FB) and Alphabet (GOOG, GOOGL) - reported quarterly results that beat high expectations. Apple easily exceeded estimates on the top and bottom lines, and announced a four-for-one stock split, sending shares past the $400 threshold in after-hours trading. Amazon's sales soared, and operating income nearly doubled compared with the big drop analysts had expected. Facebook posted 11% revenue growth and issued stronger-than-expected sales guidance for the current quarter. Results from Google's parent were a bit murkier, showing the company's first-ever year-over-year decline in advertising revenue, but sales from its cloud-computing segment came in well above expectations. Big Tech has been Wall Street's mainstay this year, and the latest quarterly results look to accelerate that trend. Amazon and Apple are up 65% and 31%, respectively, in 2020, while Facebook and Alphabet each have gained more than 14% over the period. With all four stocks moving higher in after-hours trading, the tech titans likely will add more than $200 billion to their combined market value.
U.S. economy shrank by a third in Q2
The Commerce Department said U.S. gross domestic product collapsed at a 32.9% annualized rate in the second quarter, the steepest decline since the government started keeping records in 1947, as COVID-19 crushed consumer and business spending. Meanwhile, in a sign of a faltering jobs market, the number of workers applying for initial unemployment benefits rose for the second straight week, to 1.43 million, after nearly four months of decreases following a late-March peak. The Q2 economic contraction came as states imposed lockdowns in March and April to contain the coronavirus and then lifted restrictions in May and June, allowing growth to resume. Economists expect the third quarter to show growth, but the summer rise in infections likely will temper gains.
Senate fails to advance jobless benefits extension
Meanwhile, no signs of progress are evident in talks between Republicans and Democrats over a new coronavirus relief bill. The U.S. Senate failed yesterday to advance an effort to extend a $200 per week supplement to unemployment insurance benefits. Senate Republicans and the White House had sought to cut the supplement from $600 through September, after which those collecting unemployment benefits would get 70% of their previous wages when combined with state benefits. While much of the focus has been on the expiration of the additional $600-per-week of unemployment benefits, an eviction moratorium is receiving increasing attention as well.
China factory activity expands for fifth straight month
China’s official manufacturing purchasing managers' index came in better than expected, rising to 51.1 in July from 50.9 in June for its highest reading since March. July marked the fifth consecutive month that the closely watched measure of China's factory activity topped the 50 mark that separates expansion from contraction. Combined with China's official non-manufacturing purchasing managers' index, which indicated a slight deceleration in the service sector, the data suggests China's factories have returned to pre-coronavirus levels but consumer demand remains much weaker, which means inventory is piling up.
Chinese-backed hackers reportedly targeted Moderna for vaccine data
China rejects charges that hackers linked to its government targeted Moderna (NASDAQ:MRNA) to steal data related to research on a coronavirus vaccine. Citing an unnamed U.S. security official, Reuters reported yesterday that Chinese hackers targeted the U.S. biotech firm earlier this year. Moderna said it had been in contact with the FBI and was made aware of the suspected "information reconnaissance activities" by a hacking group mentioned in last week's Justice Department indictment, where two Chinese nationals were accused of spying on the U.S., including three unnamed U.S.-based targets involved in medical research to fight COVID-19. The two other unnamed medical research companies mentioned in the Justice Department indictment are described as biotech companies based in California and Maryland - descriptions that could fit Gilead Sciences (NASDAQ:GILD) and Novavax (NASDAQ:NVAX). Go deeper: J&J (NYSE:JNJ) COVID-19 vaccine candidate shows positive effect in primate study.
Amazon's $10 billion Internet satellite plan wins FCC approval
While overshadowed by the company's earnings, Amazon.com's (AMZN) tech ambitions got a boost as the FCC approved its $10B plan to put thousands of satellites in the sky to provide high-speed Internet to unserved and underserved areas. The company's Project Kuiper - using 3,200 low Earth orbit satellites - would compete in that area with the Starlink project at SpaceX (SPACE).
Australia to force Google, Facebook to pay for news
Australia will become the first country in the world to force Facebook (FB) and Google (GOOG, GOOGL) to pay publishers for the news content featured on its sites. It will give the companies three months to negotiate fair pay with media businesses there, a move to ensure competition and consumer protection as well as a sustainable media landscape. Other companies are likely to be targeted for similar moves by Australia's government later.
U.K. fraud office charges Airbus subsidiary over Saudi deal
The U.K.'s major economic crimes investigator has charged Airbus' (OTCPK:EADSY) subsidiary GPT Special Project Management and three individuals in connection with a defense contract the country arranged with Saudi Arabia. Airbus says the Serious Fraud Office's investigation related to contractual arrangements that predated its acquisition of the subsidiary. The charges represent a step forward in one of the SFO's most politically sensitive probes, which has been viewed as a potential threat to the U.K.'s relationship with the Saudis. Go deeper: Airbus works to slow cash burn, puts brakes on production.
What else is happening...
Walmart (NYSE:WMT) memo points to cutting jobs in 'streamlining.'
Facebook (FB) finally securing rights to show music videos.
Twitter (NYSE:TWTR) account breach involved phone-based phishing attacks on employees.
Thursday's Key Earnings Apple (AAPL) +6.3% PM on strong earnings, stock split. Amazon (AMZN) +5.5% PM on strong Q2 earnings, Q3 guidance. Alphabet (NASDAQ:GOOG) flat PM after soft ad revenue. Facebook (FB) +5.9 PM on strong earnings, user growth. Ford Motor (NYSE:F) +2.5% PM despite seeing weak FY demand. Gilead Sciences (GILD) -3.6% PM as pandemic disrupts earnings. US Steel (NYSE:X) flat PM after Q2 loss, upbeat Q3 guidance. Electronic Arts (NASDAQ:EA) flat PM after Q2 beat, better-than-expected FY guidance. LTC Properties (NYSE:LTC) -3.2% AH as Q2 rental revenue takes a hit. Xilinx (NASDAQ:XLNX) -2.7% PM on in-line Q2, outlook. Stryker (NYSE:SYK) -2.8% AH despite Q2 beat. Vertex Pharmaceuticals (NASDAQ:VRTX) +1% AH on robust Q2 Trikafta sales. OPKO Health (NASDAQ:OPK) -6% PM after healthy Q2 earnings. Atlassian (NASDAQ:TEAM) -7% PM on FQ4 customer weakness, downside EPS forecast. Exact Sciences (NASDAQ:EXAS) -3% AH on pandemic disrupting Q2 revenue. Expedia (NASDAQ:EXPE) -6% PM after massive Q2 bookings dip. Seattle Genetics (NASDAQ:SGEN) -2% AH despite Q2 beat. Cabot Oil & Gas (NYSE:COG) flat PM after Q2 beat, unchanged guidance. XPO Logistics (NYSE:XPO) -4% AH on weak Q2 shipping metrics. Shake Shack (NYSE:SHAK) -4.8% AH on Q2 miss, pulled Q3 guidance.
Today's Markets In Asia, Japan -2.82%. Hong Kong -0.47%. China +0.71%. India -0.26%. In Europe, at midday, London -0.17%. Paris +0.01%. Frankfurt +0.27%. Futures at 6:20, Dow +0.13%. S&P +0.19%. Nasdaq +0.84%. Crude +0.45% to $40.05. Gold +1.48% to $1,995.90. Bitcoin +1.83% to $11,161. Ten-year Treasury Yield -1.3 bps to 0.53%
Today's Economic Calendar 8:30 Personal Income and Outlays 8:30 Employment Cost Index 9:45 Chicago PMI 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count 3:00 PM Farm Prices
submitted by upbstock to Optionmillionaires [link] [comments]

[WTS] MERCENARY - LTI w/SQ42 (Package/Account - 2012 Original Backer)

[WTS] MERCENARY - LTI w/SQ42 (Package/Account - 2012 Original Backer)
Looking to part with my Star Citizen account. I am an original backer and card holder (OG backers know what this is). I just never got into the game, so I am looking to sell my account at less than cost or best offer... I'm looking for $50-80... I really don't care, via PayPal and/or Bitcoin, and not hundreds like some sellers I've seen. Yikes! Remind me of Eve Online days, lol.
Original Backer Star Citizen Account
  • Aurora MR
  • Self-land Hangar
  • Star Citizen Digital Download
  • Squadron 42 Digital Download
  • Lifetime Insurance
Original and Veteran Backers Reward:
  • AMX-1 Repair Bot
  • Squadron 42 Mission Disk
  • Record Breaker Skin
Free Hangar Fees Reward:
  • Free Hangar Fees on starting Planet
Million Rewards from 2013 - 2019:
  • Digital 42-page Upgrade Handbook
  • Laser Pistol side arm
  • Mystery engine modifier
  • Fishtank Mark 1
  • Midas Fish
  • Jane’s Fighting Ships style manual
  • UEE Towel
  • Omni Role Combat Armor (ORC) mk9
  • Takuetsu Consolidated Outland Mustang
  • Mustang Box
  • Space Globe - Plentiful Salvage
  • Takuetsu Prestige Khartu-Al Model
  • Khartu-Al Prestige Box
  • Explorer-Class MobiGlas Rig
  • Hadesian Artifact
  • Engine Tuning Kit
  • Xi’An Space Plant
  • BB-12 Manned Maneuvering Unit
  • Preacher Armament Inquisition XXII Gatling
  • J-Span Cryo-Star Cooler
  • 2942 War Bond
  • Aeon Club T-shirt
  • Epoch Society T-Shirt
  • 200M Commemorative Coin
  • Drake Caterpillar Statue
Thanks for taking a look! Oh, and I was watching JRE so you'll hear the audio of that playing, lol.
(1) I am "selling" the right to be added as an "Authorized User" to my account, which is allowed as per RSI's 2016 Terms of Service.
(2) I will remain the original owner only in the event that official contact is required from the parent company (CIG).
(3) I understand that my personal information may be permanently retained in the address and billing sections.
I agree to the above clauses and will not attempt to access, recover or tamper with the said account unless it is requested by the Authorized User.
Please note, applying for a refund from CIG is encouraged over account sales. Consider exhausting this option in lieu of risking account termination. See here for help
submitted by iofox to Starcitizen_trades [link] [comments]

r/Ethereum - I wrote this to explain Ethereum in depth to newbies. Please check for accuracy!

Hello ethereum - I'm currently in Singapore exploring all of the cool blockchain tech that's going on here. I'm also writing a blog that aims to explain blockchain technology simply to anyone whose interested. www.cryptoambit.com
If you guys could spot check my Ethereum post for accuracy, I'd appreciate it. If you like it, would also appreciate some subscribers! Thanks
By now, most people know Ethereum as the second most valuable cryptocurrency, currently valued at over $60 billion dollars. Well, it turns out that Ethereum isn't actually a cryptocurrency - it's a software platform that let's programmers build applications on top of blockchain technology. Within the ethereum platform, is a cryptocurrency called ether that is used to power applications built on the Ethereum blockchain.
From Bitcoin to Ethereum
Bitcoin uses a global network of computers that maintain a shared ledger called a blockchain that keeps track of who owns bitcoin. Once blockchain technology was introduced to the world, people realized that blockchains could be used to keep track of anything of value. In 2013, a 19 year old named Vitalik Buterin introduced the Ethereum white paper, which proposed an open source platform that would let programmers build blockchain applications that could facilitate the exchange of money, content, property, shares or anything of value. Much like with Satoshi Nakamoto's paper, Buterin's was met with widespread excitement from software developers around the world who began building toward the vision Buterin laid out.
Much like Bitcoin, Ethereum isn't owned or controlled by any one person. Unlike Bitcoin, whose creator remains anonymous, Ethereum has a leader in Vitalik Buterin (pictured below). While Buterin doesn't control Ethereum in the way that a CEO does, his word carries tremendous weight in dictating the direction of the project - something that is considered a strength or a weakness, depending on who you ask.
Smart Contracts
The basic function that programs built on Ethereum perform are called smart contracts. Smart contracts are digital agreements that execute automatically based on real world data. An easy way to think of them is an "If-then statement." IF condition A exists, THEN perform function B.
Let's say for example Grandma wants to make sure she never forgets to give Little Billy birthday money each year. She could write a smart contract that says IF it's Little Billy's birthday, THEN pay him $10 from Grandma's account. Once this contract is broadcast to the Ethereum network, it will execute automatically each year on Little Billy's birthday.
Smart contracts have applications far beyond improving the reliability and efficiency of Grandmothers around the world. Another simple application of a smart contract is for rental payments: IF date = 1st of the month, THEN pay landlord rent amount. Processes that currently involve manual interactions between two parties can now be automated and the value can be moved in real time over the blockchain rather than settling days later as with traditional banking.
A Real World Example
Ethereum and smart contracts are a big deal because they have the ability to usher in what's been dubbed the "smart economy" - one in which slow manual processes prone to human error and deceit are replaced with automated processes that are completely transparent and trustworthy. A real world example that typifies the new "smart economy" is a project being run by a French insurance company called AXA.
AXA offers a flight insurance product that pays out a policy holder in the event that a flight is delayed by two hours or more. It currently has a product in trial that will pay out insurance claims using smart contracts and the Ethereum blockchain. The smart contract is simple: IF flight is over two hours late, THEN pay policyholder. The smart contract is connected to a database that monitors flight times. If the database shows that the flight is over two hours late, the smart contract is triggered and the policyholder is paid automatically over the blockchain.
Without the smart contract, the policyholder would have to file a claim and wait for the insurance company's claims department to process it, which could take anywhere from 1 to 2 weeks. With the smart contract, neither the insurance company nor the policyholder has to do anything. This also creates trust between the two parties because there are no grey areas - the customer can review the smart contract prior to purchasing the policy and feel comfortable that he will receive his claim in the event of a delay.
Ethereum vs Ether
As stated in the intro, Ethereum is a platform for building blockchain applications using smart contracts. What you may have just purchased on Coinbase is called Ether, which is the cryptocurrency that fuels the Ethereum network.
Ether functions more like a digital commodity than a digital currency. Just like you need gasoline to fuel your car, you need Ether to run applications on the Ethereum blockchain. In the Grandmother example cited above, Grandma would have to purchase small amounts of Ether to fuel her smart contract that pays Little Billy his birthday money.
The Ethereum blockchain functions in the same way as the Bitcoin blockchain: a network of computers run software that validates transactions through majority consensus. The people running these computers are called miners. Bitcoin miners are compensated for their resources by being paid in Bitcoin. Ethereum miners are compensated in Ether. On Little Billy's birthday, Grandma's ether transaction fee will go to whichever miner adds the block containing Grandma's transaction to the blockchain. That miner will also receive new Ether in the process.
The same supply/demand economics that apply to commodities like oil and gas also apply to Ether. Oil is valuable because it powers many of the things we use in our everyday life - it heats our homes and fuels our engines. The more people and enterprises that rely on Ethereum based applications, the higher the demand will be for Ether which will increase its value. As with all cryptocurrencies, there's plenty of speculation baked into the price - speculation that the demand for Ether will increase in the future. Since Ether is valuable, exchangeable and transferable, certain merchants are also starting to accept it as a currency.
dApps - Decentralized Apps
Applications that run smart contracts on the Ethereum blockchain are called "dApps," or decentralized apps. Just as any app developer can build apps on top of Apple's IOS operating system, developers can build on top of Ethereum's blockchain infrastructure. To the end user of a dApp, it might not look and feel any different than the apps you use today. It's the underlying blockchain infrastructure that make them different.
Since dApps function on top of the blockchain, they can be used to transfer value peer-to-peer. To return to our Grandmother example, there could be a dApp that Granny can download that lets her schedule Little Billy's birthday payments without having to code the smart contract herself. dApps are also completely open sourced so other people can access the code and build on top of them. Someone could take the code to the birthday payment dApp and add the ability for Grandma to add a note that says, "Happy Birthday Billy!" Running dApps on the blockchain also offers added security benefits. Since the transactions are distributed and encrypted across the Ethereum blockchain, there is no central place for a hacker to breach and gain access to all of the world's Grandmother to grandson birthday payment data.
At this point, I'm really beating the GrandmotheLittle Billy example to death because I think it represents a simple illustration for the kinds of applications that can be built on the Ethereum blockchain. In reality, the dApps that are being built are much more complex. Here are a few examples:
Ethereum Tokens
So now that you understand that Ethereum is a network for building decentralized applications that require a cryptocurrency called Ether to run, I'm going to introduce a confusing concept. Many dApps built on Ethereum have their own cryptocurrencies or "tokens." In order to interact with the dApps, customers need to purchase the dApp's native token.
Here's a helpful analogy I came across - when you go to a waterpark, you pay the admission fee and in return, you get a wristband. That wristband gives you the ability to ride the waterslides in the water park. With certain dApps, the token is the wristband, and a user must purchase it to interact with whatever the dApp offers.
Let's take a dApp called Golem as an example. Golem lets people rent out their excess computing power to people who need it - kind of like a computer AirBnb. To cite this article from Laura Shin, if I'm a computer graphics artist that wants to render some kind of computationally intense animation, I can purchase Golem tokens that let me tap into the Golem network to generate my animation. I then pay the people who are renting me their computers with the Golem tokens. The Golem token is a form of smart contract and this transaction is recorded on the Ethereum blockchain.
Since Golem tokens are also a cryptocurrency, they can be traded on the free market. If I'm a speculator who has no intention of using the Golem network to rent computing power, I can still buy the Golem token on an exchange in hopes that it appreciates in value. Like bitcoin, there is a fixed supply of Golem tokens so if the demand for the service increases, so will the value of the token. If I bought Golem at its original price of around 1 penny and held it to today, I would have made 35X my initial investment since Golem tokens currently trade around 35 cents a piece.
ICO stands for, "Initial Coin Offering" which is a fundraising mechanism for cryptocurrencies which has exploded in popularity this year - the majority of them are held on the Ethereum network. Similar to a kickstarter campaign, they allow entrepreneurs to raise money for projects by giving investors an early opportunity to purchase the cryptocurrency before the final product has been built. If the project is successful, the value of the cryptocurrency will rise in value and early investors can sell it on the open market for a profit.
ICOs have stirred up a lot of controversy because they represent a risky proposition with zero investor protection. Let's say I wanted to build a casino and to finance it, I gave investors the opportunity to buy chips that can be used at my roulette tables once the casino opened. If you bought $100K in roulette chips from me and I decide that I no longer want to build the casino, you're stuck holding worthless chips. If investors don't do their due diligence, they may end up buying tokens for a project whose creators never intended on building it in he first place - the creators walk away with the money and the investors have no way of recouping their funds.
On the other hand, early investors in projects that go on to be successful have the opportunity to make enormous returns. For example, people who invested $1,000 in the Golem ICO would be sitting on $35,000 at it's current price of $0.35 - if it ever goes to $10, they're all millionaires. Another positive aspect of ICOs is that they let anyone, rich or poor get involved in early stage investing. To invest in a company like Twitter or Facebook pre-IPO (initial public offering), you need to be an accredited investor - this basically means you're already a rich person. With ICOs, all you need is an internet connection and a little bit of money and you have the potential to become wealthy by investing in the right projects.
Far From Perfect
Ethereum has the potential to change the way humans transact with one another but it is still a very young technology and it hasn't been without its problems. While the blockchain architecture underlying the Ethereum network is secure, not all of the applications built on top of it are. Faulty code can and has made applications vulnerable to hacking and malfunctions. Here are two prime examples:
DAO Hack - DAO was a dApp built on Ethereum that enabled crowd based venture capital. DAO token holders were given the right to vote on projects they wanted to support - if projects went on to be successful, DAO token holders would receive financial rewards. The DAO ICO received $168 million in funding. The DAO software was hosted on the Ethereum blockchain and was publically visible by all. A hacker spotted a flaw in the DAO's code that enabled him to route $55M in ether held by the DAO into an account that he controlled. The Ethereum team had do do something called a hard fork (something I won't get into now) to reverse return the stolen funds. Parity Wallet Freeze - Parity is a wallet where people store Ether. A flaw in Parity's code let a user delete a specific line of code that was necessary for accessing funds in a Parity wallet. This led to $280 million dollars worth of ether being frozen - it hasn't been stolen but it can't be accessed either. Parity Technologies has proposed another hard fork to correct the issue - something that is sure to divide the Ethereum community and rattle user confidence.
Despite the world changing implications that Ethereum dApps and smart contracts have, the trouble is that any programmer can write them - if they aren't written properly, they can behave in unintended ways and be exploited like in the above listed examples. Ethereum is still a very young network and security issues with dApps and smart contracts will have to be sorted out if its to reach its true aspirations.
Leading The Decentralized Revolution
“Ethereum aims to take the promise of decentralization, openness and security that is at the core of blockchain technology and brings it to almost anything that can be computed.” - Vitalik Buterin
With dApps, smart contracts and blockchain technology, Ethereum is leading the decentralized revolution. Bitcoin is the world's first decentralized currency, that operates on a global network of computers outside of central intermediaries. Ethereum gives programmers a platform to develop a decentralized version of just about anything.
Decentralized networks like Ethereum have the power to remove the intermediaries that currently exist between producer and consumer. Let's take a company like Uber. Uber is a platform that brings people who need rides together with people who have cars. To facilitate this interaction, Uber collects 20% of every ride. With Ethereum and blockchain technology, there is nothing to prevent a bunch of software developers from writing a dApp that creates a decentralized Uber. Instead of 20% per ride, transaction fees are paid to the network and the driver takes home the lions share of the transaction. Tokens can be issued that represent ownership in the network. Coders who work on improving the network can get paid for their efforts in ownership tokens. Non-technical people can come up with marketing campaigns that spread awareness for the network and also get compensated in ownership tokens. As the decentralized Uber network grows and improves, the value of its ownership token increases, rewarding the people that built it. The result is whats referred to as a "Decentralized Autonomous Organization" and theres a strong possibility that DAOs replace a lot of the world's biggest corporations.
This may sound like a radical concept but blockchain technology enables these kinds of decentralized organizations to exist - Ethereum provides the tools for people to go out and build them.
submitted by CryptigoVespucci to ethereum [link] [comments]

51% attacks are morally justifiable

In this short post I want to set out my case for the moral justifiability of 51% attacks against proof of work cryptocurrencies. In the past, a 51% attack was a theoretical construct that most people didn´t seem to think would be practically achievable or lucrative. This has now changed, as hashpower can be rented on sites like Nicehash and Mining Rig Rentals for a few hours at a time. The attack delivers the attacker two prominent opportunities:
-You can orphan blocks of ¨legitimate¨ miners. This essentially means that whatever work was produced by legitimate miners during your attack became worthless. Mine a secret chain of two hours worth of blocks, release it and you orphaned 2 hours worth of blocks by your competitors. By the time most of the miners have noticed their blocks were orphaned in an attack, their nodes will have been automatically mining on your own chain for a while and it will be too late for them to do anything about it. The amount of money they lost would be equivalent to the amount you had to spend to produce your chain. Because mining is an industry with tight margins, the economic impact on these miners can be very big. The cost may be sufficient in case of a very long attack, to persuade them to quit their endeavor and get a real job.
-The more important opportunity is that you´re able to double spend your coins. This is potentially, incredibly lucrative. How lucrative it is tends to depend primarily on the inflation rate of a cryptocurrency. A low inflation rate means relatively little ¨work¨ is done to maintain the security of the system. A high inflation rate on the other hand, turns the cryptocurrency into a very poor long-term investment. As a consequence, most cryptocurrencies face declining inflation rates, that delay the problem of their ultimately unsustainability into the future. The bank of international settlements explains this issue here.
When it comes to the moral justification of a 51% attack, we first have to ask ourselves why proof of work is morally unjustifiable. There are two main reasons for this:
-Proof of work has an enormous environmental impact, that ensures future generations will have to deal with the dramatic consequences of climate change. There is no proper justification for this environmental impact, as it delivers no clear benefits over existing payment systems other than the ability to carry out morally unjustifiable actions like blackmail.
-Proof of work is fundamentally unsustainable, because of the economic burden it places on participants in cryptocurrency schemes. Cryptocurrencies can´t produce wealth out of thin air. The people who get rich from a cryptocurrency becomes rich, due to the fact that other people step in later. In this sense we´re dealing with a pyramid scheme, but the difference from regular pyramid schemes lies in the fact that huge sums of wealth are not merely redistributed, but destroyed, to sustain the scheme. The cost of the work to sustain the scheme is bigger than you might expect, because the reality is that relatively little money has entered bitcoin. JP Morgan claims that for the crypto assets at large, a fiat amplifier of 117.5 is present, as a purported $2 billion in net inflow pushed Bitcoin’s market capitalization from $15 billion to $250 billion. You have to consider that the Digiconomist estimates that $2.6 billion dollar leaves the Bitcoin scheme on an annual basis, in the form of mining costs to sustain Bitcoin. The vast majority of retail customers who entered this scheme ended up losing money from it. In some cases this lead to suicides.
The fact that proof of work is morally unjustifiable doesn´t directly lead to a moral justification for a 51% attack. After all a sane society would use government intervention to eliminate the decentralized ponzi schemes that are cryptocurrencies. There are a few things that need to be considered however:
-Governments have so far failed in their responsibility to address the cryptocurrency schemes. Instead you tend to see officials insist that proof of work might suck and most cryptocurrency is a scam, but ¨blockchain technology¨ will somehow change the world for the better. Most libertarians who saw these schemes emerge insisted that it´s stupid to participate in them because the government would eventually ban them and round up the people who participated in them. This didn´t happen because of the logistical difficulty of suppressing these schemes (anyone with an internet connection can set one up) as well as the fact that suppressing them would lend credence to the anti-government anarcho-capitalist ideology on which these schemes are based. Goverments might say ¨these schemes facilitate crime, ruin the environment and redistribute wealth from naive individuals to scammers¨, but anarcho-capitalists would insist that governments have grown so tyrannical that they want to ban you from exchanging numbers on computers.
-Because cryptocurrency is fundamentally an online social arrangement, governments have very limited influence over the phenomenon. Binance seeks to become a stateless organization, not subject to the jurisdiction of any particular government. Just as with regular money laundering and tax evasion that hides in small nations that can earn huge sums of money by facilitating these practises, governments are dependent on the actions of individuals to address these practices. Whistleblowers released the panama papers and the tax evasion by German individuals through Swiss bank accounts. Through such individuals, the phenomenon could be properly addressed. In a similar manner, cryptocurrency schemes will need to be addressed through the actions of individuals who recognize the damage these schemes cause to the fabric of society.
-The very nature of a 51% attack means that it primarily punishes those who set up and facilitate the cryptocurrency scheme in the first place. The miners who pollute our environment to satiate their own greed are bankrupted by the fact that their blocks are orphaned. The exchange operators are bankrupted due to double-spend attacks against the scams that they facilitate. When this happens, the cryptocurrency in question should lose value, which then destroys the incentive to devote huge sums of electricity to it.
Finally, there´s the question of whether 51% attacks are viable as a response to cryptocurrency. There´s the obvious problem you run into, that the biggest and oldest scams are the most difficult to shut down. In addition, cryptocurrencies that fell victim to an attack tend to move towards a checkpoint system. However, there are a few things that need to be considered here:
-51% attacks against small cryptocurrencies might not have a huge impact, but their benefit is nonetheless apparent. Most of the new scams don´t require participants to mine, instead the new schemes generally depend on ¨staking¨. If people had not engage in 51% attacks, the environmental impact would have been even bigger now.
-51% attacks against currencies that implement checkpointing are not impossible, if the checkpoints are decentrally produced. What happens in that case is a chain split, as long as the hostile chain is released at the right time. This would mean that different exchanges may get stuck on different forks, which would still allow people to double spend their cryptocurrency.
-There are other attacks that can be used against proof of work cryptocurrencies. The most important one is the block withholding attack. It´s possible for people who dislike a cryptocurrency to join a pool and to start mining. However, whenever the miner finds a valid solution that would produce a block, he fails to share the solution with the pool. This costs money for the pool operator, but it can be lucrative for the actor if he also operates a competing pool himself. In the best case it leads to miners moving to his pool, which then potentially allows him to execute a 51% attack against the cryptocurrency.
-It´s possible to put up a 51% attack bounty, allowing others to do the work for you. This works as following. You make transaction A : 100 bitcoin to exchange X, for a fee of 0.001 BTC. Once this transaction has been included in a block, you immediately broadcast a conflicting transaction with another node: You´ŕe sending those 100 bitcoin to your own wallet, but you´re also including a 50 bitcoin fee for the miners. The miners now have a strong incentive to disregard the valid chain and to start mining a new chain on an older block that can still include your conflicting transaction. Provided that pool operators are rational economic agents, they should grab the opportunity.
-Selfish mining in combination with a Sybil attack allows someone to eclipse the rest of the network, while controlling less than 51% of the hashrate. Your malicious nodes will simply refuse to propagante blocks of your competitors, thereby giving you more time to release your own block. Selfish mining will always be possible with 33% of the hashrate and as far as I can tell there are no pathways known currently to make the scheme impossible for people with 25% of the hashrate. This potentially makes a 51% attacks lucrative without having to carry out double-spend attacks against exchanges. Although double spending is a form of theft, it´s not clear to me whether a selfish mining attack would get you into legal trouble or not.


The dreaded 51% attack is a morally justifiable and potentially lucrative solution to the Nakamoto scheme.
submitted by milkversussoy to Buttcoin [link] [comments]

[EasyBTC] Web based mining control with profitability switching (2020 supported)

EasyBTC - program for automatic mining Main idea 1. Monitoring mining pools in real time. 2. Support most algorithms 3. Working with pools that have auto exchange for bitcoin 5. Monitoring the status of video cards. 6. Automatic switching of miners for profitability 7. Automatic switching of MSIAfterburner profiles. 8. Simple interface and setup. 9. Built-in benchmark algorithms.
Mining fee consists not only from electricity, but mostly from administrative tasks. You should monitor cryptocurrency prices, difficulty, exchange currencies. If you have several rigs with different series GPUs, it becomes hard work. Especially if your want to control rigs remotely.
EasyMiner try to cover all this questions. It would be useful as for newbie miners with couple GPUs, as experienced miners with multiple rigs. DOWNLOAD AND START
-Easy install. No need to find mining software, create wallets for each cryptocurrency, exchange cryptocurrency. You need just download and install app.
-Web basedcontrol center. You can control all your miners from one point.
-Auto switch miners. Mining Agent continuously checks exchange rates and difficulty of cryptocurrencies and switches to most profitable. For now, EasyMiner supports switching between Ethereum and ZCash. Tell me currencies you need. I will add them.
-Per GPU benchmarks and mining. If you have rig with different series of GPUs, Agent will load each GPU with most profitable algorithm.
-BTC payouts. All your mined coins will be exchanged to Bitcoin and transferred to your wallet.
-Detailed stats. You may see all your stats at Dashboard.
- Supports failover.
-Displays detailed mining information and hashrate for every card.
-Supports GPU selection, built-in GPU overclocking features and temperature management.
- Windows 10x64
- Nvidia GPUs 10xx series
- At least 4Gb RAM (Depends on miner)

NiceHash AhashPool ZergPool MultiPoolHub
MiningRigRentals ZPool BlazePool BlockMasters
I recommend nice and zerg, both basic and zpool in addition.
Coming Soon
- SMS alert
- Mobile app
submitted by TriangleGeorge to altcoins [link] [comments]


Hi welcome to the CoinMinerz.com Reddit post! Please find below information on our pool and its current offerings. We hope that you will join us and have a happy mining experience :) We are always looking to grow our mining community and welcome any feedback so we can improve our services for our miners. Happy to get coin addition requests and help out the wider crypto community where we can!
Multi Algo/Coin Pool – PROP Payment System – 1% Fee – No Registration – ASICBoost enabled on all SHA256 pools – Auto Hourly Payments over 0.1 - Friendly & Fast Support via email and Discord – Stratum & Website DOS Protection – Protected by Cloudflare – High difficulty Mining Rig Rentals & Nicehash friendly – Stats auto update across the site – Variable Difficulty Stratums – SSL – Dedicated Coin Pool Pages – Pool News & Updates page – Segregated stratum/web and payment services for each coin to minimize downtime – Payouts are in the currency being mined – Support legacy and new address types – Worker name support and dashboard for each wallet address to track workers.
Algorithms Supported:
SHA256 / Scrypt / X11 / Lyra2v3 / Equihash / ZHash / X16rv2

Coins Supported:
Auroracoin (AUR) – Scrypt (XX46)
Axe (AXE) – X11 (XX59)
Bitcoin (BTC) – SHA256 (XX33) – ASICBoost Enabled
BitcoinAtom (BCA) – SHA256 (XX54) – ASICBoost Enabled
BitcoinCash (BCA) – SHA256 (XX34) – ASICBoost Enabled
BitcoinGold (BTG) – Equihash 144,5/ZHASH (XX44)
BitcoinSV (BSV) – SHA256 (XX64) – ASICBoost Enabled
Cannabiscoin (CANN) – X11 (XX51)
Dash (DASH) – X11 (XX40)
Deutsche eMark (DEM) – SHA256 (XX39) – ASICBoost Enabled
Digibyte (DGB) – Scrypt (XX57)
Digibyte (DGB) –SHA256 (XX37) – ASICBoost Enabled
Dogecoin (DOGE) – Scrypt (XX63)
Einsteinium (EMC) – Scrypt (XX43)
EUNO – (EUNO) – X11 (XX58)
Flo – (FLO) – Scrypt (XX52)
GameCredits (GAME) – Scrypt (XX42)
Hanacoin (HANA) – Lyra2v3 (XX55)
Horizen (ZEN) – Equihash (XX60)
Litecoin (LTC) – Scrypt (XX35)
LitecoinCash (LCC) – SHA256 (XX49) – ASICBoost Enabled
LitecoinPlus (LCP) – Scrypt (XX38)
Mincoin (MNC) – Scrypt (XX53)
Peercoin (PEER) – SHA256 (XX36) – ASICBoost Enabled
Ravencoin (RVN) – X16rv2 (XX61)
Verge (XVG) – Scrypt (XX41)
Vertcoin (VTC) – Lyra2v3 (XX50)
ZCash (ZEC) – Equihash (XX56)

Stratum Addresses & Ports:
stratum+tcp://stratum.coinminerz.com:33XX – Normal mining rigs & GPU’s etc
stratum+tcp://stratum.coinminerz.com:35XX – Mining Rig Rentals / Nicehash etc

Example normal and cloud mining stratum connections for Litecoin:

Stratum Difficulties:
Scrypt 33XX Port Vardiff = 0.1 - 9999999 | Scrypt 35XX Port Vardiff = 500001 - 9999999
SHA256 33XX Port Vardiff = 0.1 - 9999999 | SHA256 35XX Port Vardiff = 500001 - 9999999
X11 33XX Port Vardiff = 0.1 - 9999999 | X11 35XX Port Vardiff = 32 - 9999999
Lyra2v3 33XX Port Vardiff = 0.1 - 9999999 | Lyra2v3 35XX Port Vardiff = 64 - 9999999
Equihash 33XX Port Vardiff = 0.01 - 9999999 | Equihash 35XX Port Vardiff = 65535 - 9999999
Zhash 33XX Port Vardiff = 0.01 - 9999999 | Zhash 35XX Port Vardiff = 1025 - 9999999
X16rv2 33XX Port Vardiff = 1 - 9999999 | X16rv2 35XX Port Vardiff = 9 - 9999999

Get started here:
https://coinminerz.com/go (Coins, Algos, Addresses, Ports and Difficulty)

Frequently asked questions:

Pool Terms and Conditions:

Mining Support Info:
[email protected]

Social Feeds:

Kind Regards,
submitted by coinminerzcom to u/coinminerzcom [link] [comments]

在人脸识别数据库之后,中国3.64 亿社交媒体监视数据库外泄,包括 QQ 微信 YY 苹果云上贵州服务器 淘宝旺旺 QQ群,这些账户还被关联到用户的真实身份。

在人脸识别数据库之后,安全研究人员 Victor Gevers 报告了一个外泄的社交媒体监视数据库,包括了 3.64 亿用户的资料和聊天记录,这些账户还被关联到用户的真实身份。这并不令人感到意外,中国的社交网络已经全面推行后台实名制,通常是关联手机号码,而手机号码已完成了实名制推广工作。这个数据库监视的平台包括了腾讯旗下的 QQ 和微信,这两个服务在中国都有数以亿计的用户。
Can anyone (from China) identify these Messaging services?

qg <-- QQ_group
qqmesg. <-- https://www.imqq.com/
wwmsg <--. WangwangAlibaban~Taobao
imsg – iMessage
qqmesg – Tencent QQ
wxmsg – Weixin, aka WeChat
yymsg – YY (China’s twitch)

In China, they have a surveillance program on social networks which looks like a jerry-rigged PRISM clone of the NSA.
So this social media surveillance program is retrieving (private) messages per province from 6 social platforms and extracts named, ID numbers, ID photos, GPS locations, network information, and all the conversations and file transfers get imported into a large online database.
Around 364 million online profiles and their chats & file transfers get processed daily. Then these accounts get linked to a real ID/person. The data is then distributed over police stations per city/province to separate operators databases with the same surveillance network name
With these "operator databases" the local law enforcement investigate 2600 to 2900 messages and profiles. The name new table per day to keep track of the progress. So they manually review the social media communication (public/private messages).
And the most remarkable part is that this network syncs all this data to open MongoDBs in 18 locations. "r_Capture_Time" : "2019-03-03 02:58:08.0", "r_QQMsg" : "2019-03-03 02:58:08 \"ζ°? 、XXX丶ζ说:!收【【【46--48道士号】】】卖的微信XXXXXXXXXXXぁ"
Victor,in China ISP use this software
Massive Database Leak Gives Us a Window into China’s Digital Surveillance State

Earlier this month, security researcher Victor Gevers found and disclosed an exposed database live-tracking the locations of about 2.6 million residents of Xinjiang, China, offering a window into what a digital surveillance state looks like in the 21st century.
Xinjiang is China’s largest province, and home to China’s Uighurs, a Turkic minority group. Here, the Chinese government has implemented a testbed police state where an estimated 1 million individuals from these minority groups have been arbitrarily detained. Among the detainees are academics, writers, engineers, and relatives of Uighurs in exile. Many Uighurs abroad worry for their missing family members, who they haven’t heard from for several months and, in some cases, over a year.
Although relatively little news gets out of Xinjiang to the rest of the world, we’ve known for over a year that China has been testing facial-recognition tracking and alert systems across Xinjiang and mandating the collection of biometric data—including DNA samples, voice samples, fingerprints, and iris scans—from all residents between the ages of 12 and 65. Reports from the province in 2016 indicated that Xinjiang residents can be questioned over the use of mobile and Internet tools; just having WhatsApp or Skype installed on your phone is classified as “subversive behavior.” Since 2017, the authorities have instructed all Xinjiang mobile phone users to install a spyware app in order to “prevent [them] from accessing terrorist information.”
The prevailing evidence of mass detention centers and newly-erected surveillance systems shows that China has been pouring billions of dollars into physical and digital means of pervasive surveillance in Xinjiang and other regions. But it’s often unclear to what extent these projects operate as real, functional high-tech surveillance, and how much they are primarily intended as a sort of “security theater”: a public display of oppression and control to intimidate and silence dissent.
Now, this security leak shows just how extensively China is tracking its Xinjiang residents: how parts of that system work, and what parts don’t. It demonstrates that the surveillance is real, even as it raises questions about the competence of its operators.

A Brief Window into China’s Digital Police State

Earlier this month, Gevers discovered an insecure MongoDB database filled with records tracking the location and personal information of 2.6 million people located in the Xinjiang Uyghur Autonomous Region. The records include individuals’ national ID number, ethnicity, nationality, phone number, date of birth, home address, employer, and photos.
Over a period of 24 hours, 6.7 million individual GPS coordinates were streamed to and collected by the database, linking individuals to various public camera streams and identification checkpoints associated with location tags such as “hotel,” “mosque,” and “police station.” The GPS coordinates were all located within Xinjiang.
This database is owned by the company SenseNets, a private AI company advertising facial recognition and crowd analysis technologies.
A couple of days later, Gevers reported a second open database tracking the movement of millions of cars and pedestrians. Violations like jaywalking, speeding, and going through a red-light are detected, trigger the camera to take a photo, and ping a WeChat API, presumably to try and tie the event to an identity.

Database Exposed to Anyone with an Internet Connection for Half a Year

China may have a working surveillance program in Xinjiang, but it’s a shockingly insecure security state. Anyone with an Internet connection had access to this massive honeypot of information.
Gevers also found evidence that these servers were previously accessed by other known global entities such as a Bitcoin ransomware actor, who had left behind entries in the database. To top it off, this server was also vulnerable to several known exploits.
In addition to this particular surveillance database, a Chinese cybersecurity firm revealed that at least 468 MongoDB servers had been exposed to the public Internet after Gevers and other security researchers started reporting them. Among these instances: databases containing detailed information about remote access consoles owned by China General Nuclear Power Group, and GPS coordinates of bike rentals.

A Model Surveillance State for China

China, like many other state actors, may simply be willing to tolerate sloppy engineering if its private contractors can reasonably claim to be delivering the goods. Last year, the government spent an extra $3 billion on security-related constructionin Xinjiang, and the New York Times reported that China’s police planned to spend an additional $30 billion on surveillance in the future. Even poorly-executed surveillance is massively expensive, and Beijing is no doubt telling the people of Xinjiang that these investments are being made in the name of their own security. But the truth, revealed only through security failures and careful security research, tells a different story: China’s leaders seem to care little for the privacy, or the freedom, of millions of its citizens.
https://www.reddit.com/4832/comments/ax7e5s/%E9%BB%91%E5%AE%A2%E5%A4%A7%E6%8F%AD%E7%A7%98_%E6%8E%8C%E6%8F%A1%E4%B8%AD%E5%9B%BD%E7%9B%91%E8%A7%86%E7%BD%91%E6%B0%91%E9%93%81%E8%AF%81/ 2019年3月4日,中国线民翻墙转贴,但相关资讯很快遭封杀。(推特截图)

据网名Victor Gevers 的网络从业人士周一(4日)在推特透露,在中国电信骨干网的人脸识别数据库后,发现了18个分布式数据库,里面包含了微信、QQ、旺旺等6家社交网站的明文数据库,完整地记录了至少从2018年以来的这些用户的聊天记录。













RFA 黄小山 / 覃晓言 2019-03-04
submitted by bilibilixionggui to saraba1st [link] [comments]

A plea to help me bring justice in this damn world. Got scammed, need to track/identify Bitcoin address.

A plea to help me bring justice in this damn world. Got scammed, need to track/identify Bitcoin address.
Calling all superheroes on Reddit,
I just got scammed out of $1000 by an Airbnb rental, which turned out to be an elaborate scam. I made a huge mistake always trusting everyone too easily and I will learn from this. I know I would probably never see my money again and I have accepted that. Although I am going to be homeless, I don't care, I will find a way to survive. If I can get justice in this crazy world, I will be satisfied.
I am looking for anyone who might have the technical expertise or skill set to help me get to the bottom of this and in turn, help protect other people from getting scammed in the future as well. While we may not be able to identify the person, but I just want to get as much information as possible (i.e. name of the bitcoin exchange or company, tracking any other address(es) that the scammer might have used after this transaction, etc.) I am sick (and I am sure others are too) of scammers being able to just get away with everything. Again, I have accepted that I cannot get the money back and I know it is probably near impossible to track the identity of a Bitcoin address, but even if there is a 1% chance, I am sure that there are real superheroes in this damn world who have the means or know how to.
It's 2019. We're past the times where we don't have the technical capabilities and advanced technology to make a difference. Justice needs to be served and if the authorities cannot help, then it's up to us the people to expose them and help prevent future injustices.
Here is the Bitcoin address: 35vxzdpZT25cQtVeMTCxPQzXy1MSQyVNGX
So it was an elaborate scam. It worked like this:
  1. He suggested that since he worked on an oil rig and couldn't come back until March 15, we can use Airbnb or Homeshare as the third party platform to facilitate the payment of $1,000 security deposit.
  2. I Google'd him up, his name was David Brown (I know..lol) and oil rig and what I found was a David Brown who was an I.A.D.C. Certified Engineer, an independent contractor who worked inspecting oil rigs. I was hesitant, but thought it could be possible from my search. I even found a resume from 2012 (probably planted, I realize this after the fact) (https://www.ndt.org/resume.asp?ObjectID=28110). I also found a previous attendance list for an oil rig convention and found his name there as well.
  3. The email that he was using to talk with me was [[email protected]](mailto:[email protected]) (now defunct) and even had the confidentiality notice on the bottom which stated "This communication may contain material protected by the I.A.D.C. - International Association of Drilling Contractors. This communication and any documents or files transmitted with it are confidential and are intended solely for the use of the I.A.D.C. - International Association of Drilling Contractors and the individual or entity to which it is addressed. Any use, dissemination, forwarding, printing or copying of this communication is strictly prohibited."
  4. I received an email that looked exactly like Airbnb to have me go to fake Airbnb website (which actually looked legit) and you can actually click to the description of the host "David Brown" with ratings and everything. The reviews on the website for the rental property seemed legit. There were 11 reviews from saying "fast communication with host" "My uncle used to work as an oil rig, which was unconventional, but he was able to respond fast." I should have screenshotted them but unfortunately, I didn't and now the website is down obviously lol
  5. I clicked booked and received a confirmation email saying that I need to pay for the security deposit and there were various ways to pay. He emailed me saying that he chose the non-monetary Bitcoin way where I can send it via Bitcoin ATM with the QR code, which the instructions were on the itinerary. The bitcoin address was 35vxzdpZT25cQtVeMTCxPQzXy1MSQyVNGX
  6. After sending it, I received another confirmation from “Airbnb”, saying that my security deposit has been confirmed. Then he ghosted me and when I checked the link to the website again, there was an error. Attached are the screenshots of everything for your references.










submitted by roruang to Bitcoin [link] [comments]

09-27 18:33 - 'For the poor souls that still don't know yet... / \  / The cryptomarket has been capture by the FED undercover financial operations, BTC is the main tool used to cap this market. They will take every bit of confid...' by /u/HyperBrain removed from /r/Bitcoin within 107-117min

For the poor souls that still don't know yet...
The cryptomarket has been capture by the FED undercover financial operations, BTC is the main tool used to cap this market. They will take every bit of confidence of this market until enough participants leave and the whole thing crumbles. Gold and Silver are also capture for years, and they live in a range, it is used to fund the dark pools of the government operations by extracting endless wealth from unaware participants. They will release false news to fuel hope and let the the market walk a little just to take it down over and over. It is an old classic practice of our financial system. It is all manipulated. The fact that BTC has a potential or can be used here or there is irrelevant, the day BTC was open for the banks to play it, was the day BTC died. If you are trading this market most likely you will lose money, today less than 0.5% doesn't. Do no believe anything they may say about the reasons why the crypto market is tanking, the game is rigged! This take down is a deliberate action of powerful actors to destabilise this market. BTC failed to show its usefulness back in 2017/2018 and now it is too late.

The end game


It is most certain, that this market will never be higher than its ATH, in fact there are higher probabilities that BTC will half in price every 6 months from here. The end game for cryptos is zero, the technologies developed will be bought for pennies on the dollar by World tech giants and will be used in the everyday to control the populous, the government will develop the World cryptoGov currency when the dollar tanks and all the rest will fade away in history. If you didn't make the millions by now, quit before you lose your shirt. Invest in rental real state and yourself.
Context Link
Go1dfish undelete link
unreddit undelete link
Author: HyperBrain
submitted by removalbot to removalbot [link] [comments]

Swiss Alps Mining

Swiss Alps Mining & Energy Logo, Source: swissalpsmining.io
In the world of cryptocurrencies, money is not created, it is discovered and this process is known as mining. Mining started off simple, it could be done with the hardware of any computer equipment but with the passage of time the activity became profitable, leaving behind the inefficient equipment, evolving into RIG and ASIC mining farms.
Nowadays, mining farms are being built seeking the best hardware conditions with an efficient hashrate, the lowest possible electrical consumption, and favorable environmental conditions to reduce energy consumption with 'natural cooling', combining eco-friendly solutions.
Swiss Alps Energy AG (SAE) is Swiss Alps Mining & Energy operating business combining: unused buildings in the Swiss Alps, environmentally friendly mining and a sophisticated mining farm called ‘Modular Cube System’ (SAM Cubes) which evolved the ‘how-to’ of a mining farm’s development.
SAE will rent out entire cubes or individual mining capacities, guaranteeing highly energy efficient and cost competitive mining. SAE will allow the possibility to rent mining facilities and the power needed can be paid in SAM tokens, offered on SAE Initial Coin Offer (ICO). Customers may also purchase cubes for their own use obtaining the necessary power from SAE and operating the cube on SAE’s premises, or deploy the cube elsewhere.
Key factors of the SAE mining farms.
In order to be profitable, it is essential to be efficient in all the factors that influence the cryptocurrency mining. SAE has taken into account a solution for all relevant factors:
Infrastructure: they take on disused structures that cannot be inhabited, which avoids the high costs in commercial property rentals.
A recovered alpine house for mining, source: swissalpsmining.io
SAM Cube: mining is evolving in the creation of mining farms within adapted containers which facilitates the transport of mining farms to a new location. SAE developed its own mobile farm in prefabricated and fast-mountable SAM Cubes. The Cubes improve the transport and design of containers used for maritime transportation. They are self-contained and operate autonomously thus achieving a maximum efficient mining for maximum profit. SAM Cubes have two models available.
submitted by daupreapnemem1986 to Crypto_ICO_Investing [link] [comments]

Transcript of Open Developer Meeting In Discord - 5/10/2019

[Dev-Happy] Blondfrogs05/10/2019
Channel should be open now
you all rock!
just getting that out of the way :wink:
Cheers everyone.
Hi fabulous dev team!
No specific agenda today.
Has everyone seen Zelcore wallet, and Spend app?
Any major development status updates that haven't been listed in #news?
How was the meetup yesterday? I heard it would be recorded, it is uploaded anywhere yet?
And Trezor support on Mango Farm assets?
@Synicide Yes it was recorded. The Bitcoin meetup organizer has the video.
I talked about Ravencoin, but mostly about the stuff that was being built on/with/for Ravencoin.
There was about 70% overlap with folks who were at the Ravencoin meetup in March.
awesome, looking forward to watching it when it's available
I'll hit up James and see if he's posting the video.
S1LVA | GetRavencoin.org05/10/2019
@theDopeMedic I'd follow github if youre interested in development status
zelcore looks super slick. Been meaning to research its security more with the username/pw being stored on device
How is the progress on the restricted assets and testnet coming along? A secondary question would be about the approximate fork timeframe.
S1LVA | GetRavencoin.org05/10/2019
Has anyone heard from the community dev (BW) working on Dividends?
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Any word on BW and his progress w dividends?
@S1LVA | GetRavencoin.org LOL
@S1LVA | GetRavencoin.org Great question. I haven't heard.
last meeting BlondFrogs said he would try to connect with BW as he was sick with the flu at the time. Maybe he has an update
S1LVA | GetRavencoin.org05/10/2019
I've tried to get in contact, but with no success.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Got a funny feeling...
Last time we left off with someone mentioning a foundation and Tron saying let’s discuss that next time iirc
Has anyone taken a look at the merits for this proposal? Thoughts? https://medium.com/systems-nexus/modified-x16r-algorithm-proposal-for-constant-hash-rate-in-short-time-164711dd9044
Modified X16R algorithm proposal for constant hash rate in short time
Interpretation Lens V. a0.01
I did see it. Does anyone think this is a problem?
It looks interesting... but I'm not sure what it is trying to solve. Looking at netstats, our 1 hour average block time is perfectly 1 minute
S1LVA | GetRavencoin.org05/10/2019
Last I heard from him he expressed how important finishing the code was. I wouldnt jump to conclusions on his absence within the community.
x16r by nature will fluctuate, but DGW seems to be doing a good job keeping consistent block times
Because of relatively broad distribution across the algorithms, the block times are fairly consistent. It is possible, but very, very unlikely to get a sequence that takes up to 4x longer, but that's super rare, and only 4 minutes.
We did some timing analysis of the algorithms early on. A few are 1/2 as long as SHA-256 and some are up to 4x longer. But when you randomly select 16 it usually comes out about even.
1hr avg: 1.02min - 24hr avg: 1min
I think we should focus on building, and not trying to fix what isnt necessarily broken
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Is everyone ok with the frequency (every other week) of this discussion?
(Added thumbs down to measure)
@Jeroz Did you do thumbs-up and thumbs down?
S1LVA | GetRavencoin.org05/10/2019
Seems appropriate. Its not like the devs dont poke around here and chat anyways.
Anything critical that we should be aware of?
When I need a dev, I poke a dev. When that dev is unavailable. I poke another one :smiley:
BlondFrogs was testing some github code last month to create a dividends snapshot database of asset holders at a given blockheight. Is that planned for inclusion? That's the only thing needed for dividends.
I hope I didn’t offend any devs
With poking around
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Was thinking voting would be an excellent use case for restricted assets. Local communities, nations, etc... could kyc their residents
Is x16r will remain fpga mineable
@Jeroz We're hard to offend.
Is the general dev feeling that the next fork should and will include everything needed for the next 6-9 months (barring something completely unforeseen)?
I know :smile:
@radiodub Nearly impossible to stop FPGAs and still keep GPUs
About that: voting is another hard fork right? Not too soon?
FPGAs can be reprogrammed as fast. It is silicon (true ASIC) that we can obsolete with a tiny change.
@Jeroz Messaging, voting, Tags, Restricted Assets would require a hard fork (upgrade).
We could do them each individually, but folks get weary of upgrades, so current plan is to roll them together into one.
Good idea
Oh voting too?
People will like that
I thought that was coming later
Voting is the one that isn't being worked on now. Tags and Restricted assets have taken precedence.
I know. But you plan on waiting to fork until voting is also done?
That would have my preference tbh
But I can see an issue with too many things at the same time
If someone wants to step in, we've had one of our devs sidelined and he was working on BlockBook support so more light wallets can connect to Ravencoin. Mostly test cases needed at this point.
S1LVA | GetRavencoin.org05/10/2019
Thats a pretty large upgrade.. Bigger surface for unknowns
Rikki RATTOE Sr. SEC Impresantor05/10/2019
At what point would RVN community consider moving to ASICs because having a Bitcoin level of security would eventually be needed?
Never rikki
@S1LVA | GetRavencoin.org 100% Lots of testing on testnet and bounties.
[Dev-Happy] Blondfrogs05/10/2019
I am here :smiley:
@Rikki RATTOE Sr. SEC Impresantor There's nothing inherently wrong with ASICs but it tends to centralize to data centers and less opportunity for anyone to just run their gaming rig overnight and collect RVN.
Welcome Blondfrogs
Asics are too expensive. If we want normal people to mine, then we cant be an asic network
Rikki RATTOE Sr. SEC Impresantor05/10/2019
@Tron True but what happens when the chain needs a Bitcoin level of protection?
More GPUs, more FPGAs
Nvidia loves ravencoin :stuck_out_tongue:
ok, so we are pro FPGAs
𝕿𝖍𝖊 𝕯𝖔𝖓 𝕳𝖆𝖗𝖎𝖘𝖙𝖔 CEO ∞05/10/2019
Build it and they will come
It's all relative. It is cost to attack. If an ASIC isn't available for rent, then only option is rental of non-allocated GPUs
Rikki RATTOE Sr. SEC Impresantor05/10/2019
@Chill Eventually everyone will need FPGAs to be profitable on RVN, at that point I don't see why we just don't make the switch to ASICs
Also, as much as we don't focus on price, the price does matter because it determines the amount of electricity and hardware will be deployed to get the block reward. Price increase means more security, more mining means more security means higher price.
It's a circle.
someone tell that to the twitter handler
you guys adding seedphrase to desktop wallet?
[Dev-Happy] Blondfrogs05/10/2019
@HailKira We will, just is not a high priority right now.
Twitter handle wants rvn ded
Rikki RATTOE Sr. SEC Impresantor05/10/2019
I just don't see much difference between ASIC and FPGA and I'd rather have the added nethash an ASIC will provide once GPUs are virtually kicked off the network
I'm at 11 GB future proof
That also limits miners to big money, not gaming rigs.
@Rikki RATTOE Sr. SEC Impresantor you have to keep in mind the 'added nethash' is all relative
Rikki RATTOE Sr. SEC Impresantor05/10/2019
FPGAs will limit miners to big $$$ too IMO
@kryptoshi New algo x16r-12G requires 12GB :frowning:
Seal <:cricat:> Clubber05/10/2019
But sperating smaller gb cards would lead to less adoption if we ever become a mainstream coin.
Adpotion of mining that is
but we are a mainstream coin
Seal <:cricat:> Clubber05/10/2019
Mains stream as in what eth did
@Rikki RATTOE Sr. SEC Impresantor I agree. Not a perfect solution.
Is this a Dev meeting or Algo meeting :smiley:
Seal <:cricat:> Clubber05/10/2019
But if we ever go mem lane. We should aim for 6 or 8gb.
Open to other questions.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
@Tron Probably not the time and the place to have this discussion as we stand currently but IMO we're gonna have this conversation for real eventually
Seal <:cricat:> Clubber05/10/2019
Most cards have 6gb now.
Why 12 gb ? Such a massive jump
Seal <:cricat:> Clubber05/10/2019
Would also like to know
@kryptoshi I was joking. You said you had 11GB card.
Seal <:cricat:> Clubber05/10/2019
You got em good
I cant imaghine the face he had when he was 1gb short
Rikki RATTOE Sr. SEC Impresantor05/10/2019
That's what she said
need a 2080ti
Seal <:cricat:> Clubber05/10/2019
How much does the VII have?
[Dev-Happy] Blondfrogs05/10/2019
Any other questions you have for us?
@[Dev-Happy] Blondfrogs You were testing some github code last month to create a dividends snapshot database of asset holders at a given blockheight. Is that planned for inclusion? That's the only thing needed for dividends.
a dev might want to contact Crypto Chico for some 'splaining
[Dev-Happy] Blondfrogs05/10/2019
I still haven't contacted the developer that was working on dividends. Was pretty busy with some other stuff. I will contact him this next week, and see where we are at for that.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Chico doesn't do interviews, shame. Tron would be a much needed interview for his community
[Dev-Happy] Blondfrogs05/10/2019
As far as releasing dividends, I can be released at anytime the code is finished and doesn't require any voting or hardfork to occur
Android asset aware wallet?
Seal <:cricat:> Clubber05/10/2019
Is in beta right
Testing went well today on Android. Nearing release.
[Dev-Happy] Blondfrogs05/10/2019
as it is a mechanism that is wallet specific
no protocol level dividends you guys are saying?
[Dev-Happy] Blondfrogs05/10/2019
DM me if you want to test Android with Asset support. I'll send you the .APK.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
RVN gonna be on tZero wallet? :yum:
why not? what is the logic on non-protocol dividends
assets + protocol dividends is nirvana
[Dev-Happy] Blondfrogs05/10/2019
dividends is pretty much sending payments to addresses. Right now, you would have to do this manually. The dividends code, will allow this to be done quicker and easier.
No consensus changes are required.
New Android wallet is BIP44 and original Android wallet is BIP32/BIP39 so the words will not find the funds. You'll need to send them to another wallet, and then send them to new BIP44 derived address.
we already have payments to addresses
so dividends is not a feature so much as simple wallet script
@[Dev-Happy] Blondfrogs The dividend code changes look risky'er to me than messaging. Would you consider "tags" branch test-ready?
[Dev-Happy] Blondfrogs05/10/2019
Not yet @Hans_Schmidt
Dividends is easier then you would think if coded correctly. I still haven't seen the code from the community developer. Excited to view it though.
@[Dev-Happy] Blondfrogs Sorry- I meant restricted, not dividend
@Tron on the Android wallet, anyone successfully added their own node and got it to sync faster? Always have issues. I have a supped up node and cannot get it to work with the Android wallet...
[Dev-Happy] Blondfrogs05/10/2019
@Hans_Schmidt Oh, that makes more sense. Yes, they are very risky! That is why we are going to create a new bug bounty program for restricted assets testing.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Once the network does get flooded w FPGAs, should we even consider changing the algo a couple times a year? That would only give bitstream developers added time to hoard their creations for themselves
Kind of like they're already doing with their x16r bitstreams :yum:
Flooded... lol... like that hardware has mass production scale like gpus...come on dude
Bip44 wallet? :smiley:
Rikki RATTOE Sr. SEC Impresantor05/10/2019
@kryptoshi Eventually yes, where there's $$$ to be made, people make things happen
So can we trade from that in the new Binance Dex when RVN get listed?
@Rikki RATTOE Sr. SEC Impresantor Yes Soon TM lol. :soontm:
@kryptoshi There are some things we can do to speed it up. For a new wallet, it shouldn't need to sync. For recovered wallet, it needs to sync from beginning of BIP44 wallet support on iOS so words can be moved between the two.
Other options include grabbing the first derived address and looking it up on an explorer to see when it was first used and sync from there.
Another option is to add an optional number with the 12 words so it knows when to start syncing.
There isn't a good reason on an SPV wallet to sync before the seed was created.
Cool. Glad you are looking at speedup options.. :right_facing_fist: :left_facing_fist:
[Dev-Happy] Blondfrogs05/10/2019
@MrFanelli™ If the binance dex support RVN deposits. I am sure you would be able to send from it
Has binance reached out for any info or anything?
I seen that we ranked in some voting competition they had on twitter
for an ama
Rikki RATTOE Sr. SEC Impresantor05/10/2019
I believe we'll need to create a fund of approximately $300,000 in order to get a BNB-RVN asset created and listed on the Binance FDEX
[Dev-Happy] Blondfrogs05/10/2019
In order to work with binance we need Ravencoin integrated into Blockbook.
@MrFanelli™ I've reached back out to Binance on the AMA.
Awesome :smile:
@Tron you are a natural on the interviews... cool as a cucumber. :sunglasses:
Thanks @kryptoshi
[Dev-Happy] Blondfrogs05/10/2019
Cool. We are done for today.
Please don't ask us any more questions :smiley:
Thanks everyone!!!!
[Dev-Happy] Blondfrogs05/10/2019
Cya everyone!!
S1LVA | GetRavencoin.org05/10/2019
Cya happy feet, Thanks
Thanks Tron
Seal <:cricat:> Clubber05/10/2019
submitted by mrderrik to Ravencoin [link] [comments]

Swiss Alps Mining & Energy Gives The ‘Next Generation’ Of Crypto Mining Efficiency.

Key Factors of the SAE Mining Farms

In order to be profitable, it is essential to be efficient in all the factors that influence the cryptocurrency mining. SAE has taken into account a solution for all relevant factors:
submitted by daupreapnemem1986 to Crypto_ICO_Investing [link] [comments]

[CAN-ON][H]8.3gh Ethereum Mining Farm [W]Wire Transfer

[W] BITCOIN or ETHEREUM are also acceptable.

For immediate sale! My misfortune is your good luck. Due to a recent loss of our rental location, we have to move out! As a result, we are selling one of three mining farms that we have.
The farm is currently STILL running, and you can see the live status here: http://31244d.ethosdistro.com/?night=yes#
The farm runs on ETHOS, with 60 paid licenses for 60 rigs. There are a total of 351 Assorted cards, made up of GTX1070, 1060, RX570 and RX580 and 1 GTX1080ti
All the rigs are in an open air configuration, mounted on racks usually 5 on a rack, sometimes 6. There are also:
13 APC 7941 PDU's
11 Extra MSI Z270 Pro Motherboards
10 Core i3 CPU's
4 128gb SSD drives
10 DDR4 4gb ram sticks
Assorted cables
Lots of ethernet cables and gigabit ethernet switches
Synology RTAC2600 Router
Price is $150,000USD FIRM. PM me if you want the farm. We will pack it up and ship it anywhere in North America for $3500 USD FEDEX or UPS.
These rigs are custom modded to use the least amount of power, and produce the most amount of hashing.
This location also have a 5ton Air Conditioning unit, with air handler, which we can remove and ship, with an added cost of $5000 + $500 Ground Shipping UPS/Fedex. This unit is only 2 months old and cost us $8000.
submitted by bigdaddyjsb to MinerSwap [link] [comments]

A simple guide for the "non-advanced" miners.

Hello everyone!
Today I would like to talk about couple topics that are related with GPU mining. Even if you have been mining for over 6 months, you might still need to read this guide for better profit. However, you might be a new miner but know everything I will be talking here, so, it is not about for how long you have been mining, it is about how well you know the mining world.
First of all, decide what type of miner you are
What I mean by "decide" is, whether you are mining for making money, or supporting a project, or just as a hobby. If you are mining for supporting a project, or as hobby, then you can skip this guide because this guide is mostly for people who are willing to make money out of their GPU or GPUs. While people with 1-2 GPUs wouldn't worry that much about money, people like me, who have over 20 GPUs would be willing to make some profit because most probably that's the reason why they have that many GPUs.
If you are looking to make profit out of your GPUs, here are some points you should be considering before mining a crypto currency.
There are thousands of different crypto currencies that can only be mined by GPUs. And their prices/difficulties/mining rewards are different. So, your main purpose should be making the MOST bucks, with the same equipment. Think of it like this, you have 10.000 USD worth of mining equipment, and there are 5 coins you can mine. And if you mine the coin A, you will be making 100USD worth of coins daily. But on the other hand, there is a coin C, which you believe in the project, and you are willing to sell some of those mined C for expenses such as electricity, and keep the rest of the C, for future investments. But, you know that by mining coin C, you are making 90 USD worth of coins daily. But since you are thinking like "hey mate, I'm gonna hodl, so no big deal, they'll be more valuable later!", you might be feeling okay.
Instead of mining like this, you should be doing something else, for making more money, but you might say "Hey dude! I also wanna keep some of the coin C, how do I do that if I don't mine it?"
Well, the answer is clear. Mine the most profitable coin at the moment, coin A. If you are willing to sell all the mined coins, coin A is the best choice for you. But if you are willing to keep some amount of coin C, it is still better if you mine coin A. First, you mine 100 USD worth coin A, then you exchange your mined coin A for coin C on the market. You will lose some amount of your mined coins due to exchange/deposit/withdrawal fees on exchanges. But even then, after transferring all mined coins A to coin C, you will be holding coin C worth around 98.5 USD.
So, while mining coin C, you were making 90USD daily, but now you mined coin A, made some exchanges, and ended up with 98.5 USD worth coin C. At the and of the day, you have more coin C than you would have if you have mined coin C. Now you can sell some of those coins to cover expenses, and hodl the rest.
Allright, this is mostly know thing, and what most of the miners do. However, the key point I would like to mention is not exactly that. I just wanted to show that even if you want to hodl some of the coins, you can hodl more of it by mining more profitable one and exchanging. Since this is clear now, we can focus the main thing I wanted to say.
We know that there are thousands of different coins and many more coming to the market everyday. So, this is actually a big opportunity for the miners. Most of the miners are using websites such as coin market cap or what to mine but these websites are not showing the recent coins, or projects. So, according to the what to mine, I would be making 35USD daily with my mining rigs. However, thanks to my personal research, I am making around 60USD daily, which is almost the double of the amount that what to mine calculates.
How do I do that? Simple, by spending little time on the internet, and finding new coins. I am mining coins that are mostly not listed on websites such as coin market cap, or what to mine, or other big mining calculators. I choose smaller / recent projects, which just got listed on a small exchange, but has enough volume that I can exchange mined coins daily. Because these coins are not listed on the big mining related websites, chances are high that you would be making more money by mining them, instead of something big. But since they have a place to get exchanged, you are lucky and you can mine + exchange and make more money.
How do I find those coins? As I mentioned before, by research. Checking the different subreddits, joining different discord channels and making friends online. There were many times my friends sent me a message like "hey mate, I found a coin which is x2-x3 times more profitable than other known ones.". Or, I'm checking middle size mining pools, which frequently add new coins to their pools. They do the important work here, they find a new coin and make it available to mine, so all I have to do becomes check the coin info for exchanges -- do the mining profit calculations -- start mining. Also you can check "BitcoinTalk" for announcements. This is all depending on you, you can check other platforms that you know, and find the most profitable coin to mine.
Also it would be better if you have a good OS for mining, since it would take a bit long if you can't change your configurations easily. Of course all these things, research, calculations, configurations etc. would costing your valuable time, but hey, if you can make x2-x3, even x5 in some cases, and you have a decent hashpower, spending time for these things would not be a problem.
Before ending my words, I would like to say one last thing. Since "more miners, higher difficulty. Higher difficulty, fewer coins and fewer coins means less profit", you might not be able to find topics like *Hey dudes, mine coin A, profit is huge" on forums. So, you should be doing your own research instead of expecting such posts.
ONE LAST, and final, THING
If you have found a coin, that is really profitable, you can mine yourself + use mining rental services. Lets say there is a mineable coin, and you can mine 100 USD worth of it in one day with 1GH/s hashing power. Then you can check, for example nicehash for this algorithm. If people are renting 1GH/s hashpower for 80 USD, you can give 80USD, rent hashpower, mine 100USD worth of coins, sell them and make 20USD profit. Without even having the GPUs yourself, you can make money just by renting hashpower if you really have found a good coin to mine.
Consider all the things I've said, and spend some time for research, and you would be making more money than you did before :)
Have a good day everyone!
submitted by nithronium to gpumining [link] [comments]

⚒️ [HASHBOOK.NET POOL] ⭐ X11 ⭐ HashbookBOT for Nicehash ⭐ MOST PROFITABLE 💰

⚒️ [HASHBOOK.NET POOL] ⭐ X11 ⭐ HashbookBOT for Nicehash ⭐ MOST PROFITABLE 💰

We are team of programmers who decided to make mining pool and increase profitability of your miners by offering best prices for crypto coins and lowest possible fee. We are running a mining pool for cryptocurrencies on our own dedicated servers. Pool is based on yiimp solution and has been heavily modified to serve our goals.

- As part of promotion we offer 0% mining fee.
- Fee transaction fee for payouts.
- There is a 2.5% fee on autoexchange just to cover trasaction costs
.- You can set payouts in any coin that is listed including BTC and LTC.
- This promotion ends on 7th of January 2019.
You can read more here:

Big miners and mining farms can request private dedicated stratum server.

Discord: https://discord.gg/gUu4x9B
Tawk.to: on site chat for quick support

X11 Coins:
AdzCoin, Azart, Bolivar, Cannabis, DigitalCash, Euno, Fork, Futuro, Happy, KZCash, Marijuana, Monoeci, Paccoin, Pioneer, Pura, Ultra

-a x11 -o stratum+tcp://mine.hashbook.net:3533 -u [-p ]
can be one of any currency we support, or a BTC address.Required: Use -p c= to set your payout coin. Failure to do so may result in your payments being sent through the wrong coin.Optional: Use -p c=,d= to set your payout coin AND difficulty of shares.Example***:*** for BTC mining most profitable coin on X11 algorithm with payouts to BTC address and shares difficulty of 64:
-a x11 -o stratum+tcp://mine.hashbook.net:3533 -u 3QvGQog3uhgH29gkJpSvJTs4YeoRBRSVRj -p c=BTC,d=64

Antminer D3 settings:
URL: stratum+tcp://mine.hashbook.net:3533#xnsub
Password: c=,d=64
Nicehash and MiningRigRentals:
Stratum is Nicehash and MMR compatible. To avoid negative delta on Nicehash please use lowest difficulty allowed by nicehash. For X11 use difficulty 128.

HashbookBOT for Nicehash
DOWNLOAD: https://hashbook.net/assets/hashbot/HBbotNicehash_alpha1.zip
VirusTotal: https://www.virustotal.com/#/file/e6b2e6dec48806e2c2aa83b0b4828b20d0b1161116de4c788e0efec277e3d1a2/
Version: alpha 1
DM5 HashbookBOT.exe: a23f7109b092c83982c9a2c166980568
SHA-1 HashbookBOT.exe: 58188577edb6e1104ffc10b4464fa60decfea97c
What is HashbookBOT?
HashbookBOT is a Nicehash BOT who monitors pool profitability and coin profitability every 30 seconds. According to that results it changes speed limit on your nicehash orders. If BOT detects profitability is greater then order price on Nicehash, then BOT will set unlimited speed for that order. And if BOT detects profitability on pool is lower then pride of order on Nicehash, it will change speed limit to 0.01. Having multiple orders with different prices will result in constant hashrate and possible greater profit.

Is it hard to use?
No. You just have to add your Nicehash API. ID and KEY, add your wallet addreses (Options -> Wallets) and create orders within HashbookBOT under (Options -> Create orders).
How do I add my payout wallet?
Options -> WalletsSelect: Bitcoin, FuturoCoin or HappyCoin and enter your wallet addresses for each one.
How do I crate orders?
Options -> Create orders.
Step 1:
Coin to mine: Here you select profitability checking. There are 3 options.
- Mine most profitable coin (This option will check profitability of all coins on pool).
- FuturoCoin (This option will check profitability of FutoroCoin and your orders will open/close speed limit based on FuturoCoin profitability).
- HappyCoin (This option will check profitability of HappyCoin and your orders will open/close speed limit based on HappyCoin profitability).

Step 2:
Pool payout settings:Select payout currency. BTC, FTO or HPC. (Your have to add your wallet addresses before you continue in Options -> Wallets).

Step 3:
Placement: US or EU nicehash servers. In example: EU
Number of orders: How many orders you wish to open. In example: 3
Base price: starting price of order. In example: 0.014
Price increase: select price increse for each next order. In example: 0.002
Fill each order with: 0.010 BTC [Minimum by Nicehash]. In example: 0.010


Example: If you selected 3 number of orders first order will set price at base prace, next order will be increase by price increase value and third order will be increased by previes order price plus price increse.
Order 1: EU server with price: 0.014 and 0.010 to spend.
Order 2: EU server with price: 0.016 and 0.010 to spend.
Order 3: EU server with price: 0.018 and 0.010 to spend.

How do I start profitability cheking?
In main window select nicehash server where you just created your orders. EU or US. Then File -> Start.

Do I have to leave program running?

Before you quit program make sure you limit all orders with File -> Pause all orders to prevent any loss.
submitted by hashbook to u/hashbook [link] [comments]

Mining and taxes - warning and discussion

As the end of the year gets closer, I'm wondering how people are handling their taxes? This wiki covers some of the basics at a high level. I have started researching this to make sure my records are precise and understand what kind of headache this adds to the mining equation.
I had a brief chat with my tax advisor (who loves me because every year I seem to come up with new and novel things for him to make money researching) and his conclusion was that LTC or BTC received from pool mining is taxable as income at the time of receipt. You are receiving compensation in the form of coins for the use of your property (mining rigs) which is just really no different than an equipment rental business.
Unfortunately for many of us, it appears it should be based on the compensation you received at the time of service. So last week when if you earned 1 BTC you would be taxed on $1000 in income. Further, if you hold the BTC and then sold it at $2000 you would owe additional taxes on the gain from $1000 -> $2000. You probably can deduct reasonable expenses against the gain (server cost, power use).
His recommendation for pool mining is to record the amount of coins received on a weekly basis and the average USD/coin rate during that week to use that as a basis for calculating what you owe "to make it simpler than tracking every day." Unfortunately when you are mining many different coins this sounds like it can turn into a complicated venture. The biggest bad news is that you are taxed on this "income" as it happens, but if the value of the coin falls your tax burden stays the same.
For solo mining, you would be taxed on the USD value of the coin when you solve a block and get the coin, so it's much simpler to track.
It's much clearer if you just BUY coins as an investments. Then it's treated just like buying an investment. But $10k of BTC at $100, sell $100k of BTC at $1000 and you owe taxes on $90k of gain.
I'm wondering if anyone else has talked taxes and concurs with this assessment. Or if someone has an alternative theory. My tax guy, of course, aims to make sure I am compliant but it is such a new area there isn't a firm guideline for handling it yet to his knowledge. So some well written/explained documentation might change his opinions.
So how do you handle this?
submitted by caseigl to litecoinmining [link] [comments]

Rate these pools!

Hey guys,
I've tried a few different pools that I really like. I just learned about zpool and ckpool. I'm wondering how you would rank these pools in order of preference.
Here's mine (in order of preference):
  1. Prohashing (they just added sha-256)
  2. Slush Pool
  3. Bitcoin.com pool (auto-profit)
  4. The Blocks Factory (for Digibyte sha-256)
  5. Mining Rig Rentals
  6. Nice Hash
  7. CK Pool (just played around with)
  8. ZPool (just played around with)
  9. ViaBTC (just played around with)
How would you rate those, which would you add or subtract and why?
submitted by bluethundr0 to BitcoinMining [link] [comments]

They Pay My Rent - Mining Rigs Tour - YouTube Best Nicehash Alternative - Renting your Mining Rigs W/ Mining Rig Rentals - Tutorial How to rent a cryptocurrency mining rig from miningrigrentals.com in less than 10 minutes Mining Rig Rentals - Are They Worth It? MiningRigRentals - MRR - Getting started with renting a rig

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They Pay My Rent - Mining Rigs Tour - YouTube

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