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I'm asking these questions because you seem certain that random nicehash users are going to be sued by somebody, presumably a government, for being money mules for some undefined entity. I'm just having a hard time understanding why you seem so certain of that. I'm not saying it's impossible, but I can't see the upside for any agency to actually try to prosecute a case like that.
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Sep 6, 2017 00:46
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Nicehash users aren't going to be sued. Hacked at some point, almost certainly, but not sued.
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Sep 6, 2017 02:26
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Peachfart posted:Nicehash users aren't going to be sued. Hacked at some point, almost certainly, but not sued. B-b-but that means I'll lose TENS AND TENS OF DOLLARS!!!!
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Sep 6, 2017 02:50
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Dr. Fishopolis posted:I know what a money mule is. I asked you when this has ever happened. How will they be sued? They aren't sharing any hollywood movies
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Sep 6, 2017 03:23
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Dr. Fishopolis posted:I'm asking these questions because you seem certain that random nicehash users are going to be sued by somebody, presumably a government, for being money mules for some undefined entity. No, I'm not saying that anything is certain. It's just an interesting possibility, especially in light of BTC-e getting fined heavily for being a huge money laundering front. It seems likely that at least some fraction of Nicehash users (meaning those who are paying for mining time, not the miners) are using Nicehash to convert illegally-obtained bitcoins for freshly mined altcoins. That would make the miner of those altcoins a money mule. And there's precedent for money mules being held liable for their involvement, even when their involvement has been unwitting. So a prosecutor could go after whichever miners produced the specific altcoins that were transferred to the former owner of those bitcoins. I think that actually happening is about as likely as the RIAA suing any specific individual during the Napster heyday (something that does eventually happen, just doesn't happen often) QuarkJets fucked around with this message at 05:13 on Sep 6, 2017 |
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Sep 6, 2017 05:11
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what if someone is renting your GPU cycles to generate hyper realistic renderings of a district attorney having sex with a goat what are the implications here
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Sep 6, 2017 06:12
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QuarkJets posted:It seems likely that at least some fraction of Nicehash users (meaning those who are paying for mining time, not the miners) are using Nicehash to convert illegally-obtained bitcoins for freshly mined altcoins. That would make the miner of those altcoins a money mule. No, it wouldn't. Amazon sells cloud storage, are they liable when people fill it with weird, illegal porn or stolen bitcoins or whatever? Are they liable if you rent server time from them to create a 500 foot raster of a bear molesting a child, that you then use as a stencil to deface your local library with?
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Sep 6, 2017 06:30
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Dr. Fishopolis posted:No, it wouldn't. Amazon sells cloud storage, are they liable when people fill it with weird, illegal porn or stolen bitcoins or whatever? Are they liable if you rent server time from them to create a 500 foot raster of a bear molesting a child, that you then use as a stencil to deface your local library with? Nicehash miners don't sell storage, they exchange money for other money* Money mules exchange illegally-sourced money for other money. If a Nicehash miner happens to receive illegally-sourced money and gives someone other money in exchange, how is that miner not a money mule? *Nicehash states that what you're actually selling is hashing power, but in a mining pool mining power is equivalent to simply generating currency. The more power you have, the more currency you create, and the more you get paid. For instance if you run broken mining software that generates valid hashes but never generates valid blocks then Nicehash will simply stop paying you (per the Nicehash FAQ)
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Sep 6, 2017 07:32
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what kind of dumbass is using nice hash to the loss of the two extra layers of middle men moochers just go mine the obscure internet pog protocols god drat you're on an internet forum figure this poo poo out
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Sep 6, 2017 08:08
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QuarkJets posted:Nicehash miners don't sell storage, they exchange money for other money* You'd think the broker (Nicehash) whos setting up the transactions in the first place would actually be the first target for prosecutors. Nicehash miners don't actually have any discretion over who is buying their mining power (outside of being able to decide what algo's they are running) but you could argue that Nicehash its self does. If they ever make the actual act of mining illegal, well, thats another story.
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Sep 6, 2017 09:30
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inkwell posted:You'd think the broker (Nicehash) whos setting up the transactions in the first place would actually be the first target for prosecutors. Nicehash miners don't actually have any discretion over who is buying their mining power (outside of being able to decide what algo's they are running) but you could argue that Nicehash its self does. If they ever make the actual act of mining illegal, well, thats another story. I guess it'd be up to the discretion of a prosecutor. From what I've read money mule busts often have people analagous to a broker (who act like a legitimate employer and "hired" the mules) and then everyone in the whole chain gets prosecuted
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Sep 6, 2017 14:05
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what if it turns out aliens are using signals broadcast by SETI as seed values for their own cryptocurrency? I think people should really be concerned about getting thrown in space jail for running SETI@Home.
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Sep 6, 2017 18:26
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Dr. Fishopolis posted:what if it turns out aliens are using signals broadcast by SETI as seed values for their own cryptocurrency? I think people should really be concerned about getting thrown in space jail for running SETI@Home. SubG fucked around with this message at 21:14 on Sep 6, 2017 |
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Sep 6, 2017 21:08
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gently caress the police
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Sep 6, 2017 21:26
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Comfy Fleece Sweater posted:gently caress the police (space) police
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Sep 6, 2017 21:32
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Dr. Fishopolis posted:what if it turns out aliens are using signals broadcast by SETI as seed values for their own cryptocurrency? I think people should really be concerned about getting thrown in space jail for running SETI@Home. SETI doesn't broadcast.
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Sep 6, 2017 22:12
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Tamba posted:SETI doesn't broadcast. Heh... gottem
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Sep 6, 2017 22:35
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I've earned about 600-800 bucks thanks to these things, no ragrets Im worried about sending it to my bank account though, so I guess it's gift cards and steam games for me
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Sep 7, 2017 00:14
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Guys, Irma is gonna make landfall on my city in the next 24 hours. Looking for suggestions on ways to manually mine so I can maintain my lucrative $1.75/day passive income from mining, I'm really relying on it for rebuilding tia
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Sep 9, 2017 23:43
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have you tried selling drugs? I hear you can trade them for bitcoins
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Sep 9, 2017 23:44
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tehinternet posted:Guys, Irma is gonna make landfall on my city in the next 24 hours. Looking for suggestions on ways to manually mine so I can maintain my lucrative $1.75/day passive income from mining, I'm really relying on it for rebuilding tia Loot as many servers as possible from deserted tech business and try to keep them dry.
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Sep 10, 2017 00:08
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Fauxtool posted:have you tried selling drugs? I hear you can trade them for bitcoins I have some school aged children, I could use them as mules. This is the kind of forward thinking bitcoin was founded upon.
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Sep 10, 2017 00:46
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Fauxtool posted:have you tried selling drugs? I hear you can trade them for bitcoins That's not passive income !
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Sep 10, 2017 00:49
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For our hurricane friends https://youtu.be/y3dqhixzGVo
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Sep 10, 2017 00:57
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Comfy Fleece Sweater posted:That's not passive income ! yeah but neither is bitcoin for most people considering how much time is spent watching their rigs
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Sep 10, 2017 01:05
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tehinternet posted:I have some school aged children, I could use them as mules. This is the kind of forward thinking bitcoin was founded upon. lol that's probably the least awful thing bitcoiners would ever do with children
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Sep 10, 2017 01:10
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tehinternet posted:Guys, Irma is gonna make landfall on my city in the next 24 hours. Looking for suggestions on ways to manually mine so I can maintain my lucrative $1.75/day passive income from mining, I'm really relying on it for rebuilding tia https://www.youtube.com/watch?v=y3dqhixzGVo
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Sep 10, 2017 04:59
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Eesh nicehash mining about to crash through $2 a day on my 1080.
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Sep 11, 2017 03:31
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It's been a while but I'm just checking if most goons or people are still using the legacy miner or they've switched to the new one because it's good now.
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Sep 13, 2017 18:37
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Junior Jr. posted:It's been a while but I'm just checking if most goons or people are still using the legacy miner or they've switched to the new one because it's good now. I wish they'd move the settings over from the legacy one. Frankly its confusing how theyre handling it in general, but I do use the new one for simpler updating and the very friendly round buttons are soothing
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Sep 13, 2017 18:39
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It's over guys Party's over
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Sep 13, 2017 18:41
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It's over if you don't have 1070s you mean 
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Sep 13, 2017 18:47
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Goddamn it, the guys at the burrito stand are gonna miss me 😭 Marķa I think I had a shot with her
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Sep 13, 2017 19:10
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Aww I was gonna save up my buttcoins for steam games and booze, those are the only two things I care about in life. Looks like the dream is over now. 
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Sep 13, 2017 19:18
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did prices finally crash? Or too much to hope?
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Sep 13, 2017 19:24
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Watermelon Daiquiri posted:did prices finally crash? Or too much to hope? "Just" $3800. But the nicehash rates are abysmyl at the moment
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Sep 13, 2017 20:50
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God, I really hope it craters. This bubble is horrible.
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Sep 13, 2017 21:15
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still making a whole 2.75 a day, suck it poors
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Sep 13, 2017 23:13
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If this thread gets to 50 pages I don't know whether I'll be more disappointed in you guys for unironically keeping it going or myself for starting the loving thing
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Sep 13, 2017 23:42
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is it really worse than the GBS bitcoin thread where every 3rd post is "hurrr buttcoin is bad" without any actual contribution?
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Sep 13, 2017 23:47
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