coldstorage

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Sep 13, 2017
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  • Um, what "new IRS ruling for miners"? Link please... What you describe is how the IRS has always treated mining income. In short, nothing new here.

  • I got into Bitcoin mining back when rewards were sky-high and competition was chill. Fast forward to now, and it’s a totally different game. The difficulty has shot up, and making a profit is super tough. I still…

  • Good question. The current 'leader' is Terra Pool which has 1.82EH behind them per the website (if you dig deep enough). Their peak on testnet-3 was >300TH/s in the last 24 hrs so thank God more isn't coming from them.…

  • Yep. It also reinforces the point that the only reasons there are folks hitting the testnet so hard is because: A. They can B. They enjoy screwing with testnet and breaking what it is intended to be used for C. Sad to…

  • Folks, you DO realize that anyone with a SINGLE current high-end miner can easily do a Testnet 51% attack right? The Bitmain S21 XP hydro does 473TH/s.... Just checked and that greatly exceeds the current total pointed…

  • ^^ Exactly. By design testnet coins are worthless so who the fu** cares? The only folks affected are the idjits that think or insist they should have value. If some folks strive to burst their bubble - works for me!

  • Considering testnet coins are supposed to have ZERO value, a 51% attack is not only meaningless but also pointless. The tBTC coins are only needed to test code, once the testing is done no one should care about them and…

  • Billions of dollars that has the potential to change a country has been loss just because a few greedy bastards don't want to pay properly on how much they are really earning. Now with what theybare proposing I am…

  • By getting it from Kano's GIT, https://github.com/kanoi/cgminer then reading the extensive README and pointing it at a supported ASIC-based miner...

  • Nothing if you have one or a 555 timer/couple resistors & caps with knowledge to make one. For those who don't, this is plug-'n-play.

  • Only thing I would suggest adding is a strobe input via opto-isolator to turn off the fan simulation and force the miner(s) to shut down. The strobe would be fed from a flow switch somewhere in the system. That way if…

  • Folks, if you just take a little time to read pinned messages here you will save yourself from asking ridiculous questions like that... As a bonus you might even learn a bit more faster. Please ref…

  • Um - DOS is an operating system... Also DOS is tightly tied to x86 CPU's. Considering the devices you mentioned are using ARM CPU's, well...

  • Directly giving folks an Answer like that ^^ does not encourage them to learn and think for themselves.... I gave the 'why' and stand by my answer as OP knows how to do the math so let them do it themselves based on…

  • Only wattage is specified because by themselves the Amps pulled or voltage in are meaningless. Only using the 2 together giving you wattage matters. A miner ran with a high line voltage will pull less amps than a miner…

  • And statistically it is also literally possible for a child to be born with wings and can fly. Point is, to say the least both are extremely unlikely to happen.

  • Forget it, period. Ref https://bitcointalk.org/index.php?topic=2415854.0 mainly point-3 Even for learning purposes, using anything other than an ASIC-based miner is absolutely pointless because CPU's/GPU's process the…

  • My problem is with them saying it is solving a complex equation. Brute force is just gazillions of random guesses hoping that one of them is right. There are no math operations performed beyond taking a previous failed…

  • Too bad they used the wildly inaccurate line about mining "being the solving of complex mathematical equations"... For 1, even applying sha256 for actually creating a key or using it is NOT a complex math operation - it…

  • One can only hope that is the case. Inno may be a terrible company to work with but at least we know who/where they are and can contact them. Question is -- does the T2 use AB? If it does then per Little Dragon LLC's…