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DrDork
Dec 29, 2003
commanding officer of the Army of Dorkness

ryan_woody posted:

How will that work if they're only paying out at 0.1 BTC?

The 0.1 BTC limit only applies to truly external wallets, like if you're trying to have them send it directly to a wallet held by BitGo or your own paper wallet or whatever.

They deposit to their internal (Nicehash) fake-wallet at 0.001 BTC. You can then move the BTC from the internal fake-wallet to Coinbase (and only Coinbase, since they've set up some sort of agreement) for free. From there you can do any number of things with it. If you're not expecting to mine ~$1600 worth of butts in a timely manner, this Nicehash internal -> Coinbase wallet move is the only way to actually get your funds out.

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Kazinsal
Dec 13, 2011


Seems that us Canadians get all kinds of shafted, as is usual. Coinbase to QuadrigaCX looks suboptimal. Is Coinbase to Gyft as much of a pain in the rear end?

To quote the title of the Canadian BFC megathread, paying more is our national pastime.

Risky Bisquick
Jan 18, 2008

PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.



Buglord
We can’t use gyft, we have coincards.ca

Bloody Antlers
Mar 27, 2010

by Jeffrey of YOSPOS
Once the NSA is done with their giant prime factorization experiment that we known as cryptocurrency, they'll have all they need to break tor and decrypt messages encrypted with PGP on the darknet.

TheFluff
Dec 13, 2006

FRIENDS, LISTEN TO ME
I AM A SEAGULL
OF WEALTH AND TASTE

Bloody Antlers posted:

Once the NSA is done with their giant prime factorization experiment that we known as cryptocurrency, they'll have all they need to break tor and decrypt messages encrypted with PGP on the darknet.

It kinda surprises me that (as far as I know) there isn't a cryptocurrency based on cracking password hashes yet.

Dr. Fishopolis
Aug 31, 2004

ROBOT

TheFluff posted:

With all these huge numbers getting thrown around claiming you earn vast sums of money from MPH, I had to go actually investigate the drat thing and the answer is that no, touching the poop is still a bad idea. Fine, they're probably legit, but you get paid in Litecoin or whatever other internet pog which is completely useless to me and cannot be turned into actual money in any reasonable way. I live in Sweden and have a bank account denoted in Swedish crowns. Coinbase proudly claims that it "is available in your country" and states that bank transfers to European bank accounts only take 1-2 business days. There's only this small problem that Q8ee posted about earlier: to let you withdraw, they first require that you deposit from the account you're withdrawing into, and they only support doing this in Euro. I'm not going to open a different loving bank account for this. Money laundering via Amazon gift cards is also out because Amazon doesn't even operate in Sweden and I'm not that interested in shopping from Germany, paying stupid amounts of money for shipping only to get my packages lost by DHL.

oh cry me a river, i pay $500 a month for healthcare and I'd still go bankrupt if I broke my arm.

Gobbeldygook
May 13, 2009
Hates Native American people and tries to justify their genocides.

Put this racist on ignore immediately!

TheFluff posted:

It kinda surprises me that (as far as I know) there isn't a cryptocurrency based on cracking password hashes yet.
There's a project where they're trying to brute force private keys.

https://lbc.cryptoguru.org/about

quote:

What is LBC?
The "Large Bitcoin Collider" (LBC - a homage to LHC) is a distributed effort to find at least one collision of private Bitcoin keys by creating addresses to private keys in a continuous 2160 range. These are checked against the list of known BTC addresses with funds on them. In the rare event of a collision, the funds on the address in question would become accessible to the collision finder.

ItBurns
Jul 24, 2007

Dr. Fishopolis posted:

oh cry me a river, i pay $500 a month for healthcare and I'd still go bankrupt if I broke my arm.

A small price to pay to not have to foot the bill for some poor schmuck who broke his arm.

Dr. Fishopolis
Aug 31, 2004

ROBOT

ItBurns posted:

A small price to pay to not have to foot the bill for some poor schmuck who broke his arm.

i already do that, that's how insurance works.

MaxxBot
Oct 6, 2003

you could have clapped

you should have clapped!!
In case you were wondering there are other totally worthless things people do with their spare computing power with even worse payouts. Some dude just discovered the largest known prime number, 2^77,232,917 − 1.

https://www.mersenne.org/primes/press/M77232917.html

wolrah
May 8, 2006
what?

MaxxBot posted:

In case you were wondering there are other totally worthless things people do with their spare computing power with even worse payouts. Some dude just discovered the largest known prime number, 2^77,232,917 − 1.

https://www.mersenne.org/primes/press/M77232917.html

Large prime numbers are useful in cryptography for reasons I don't entirely understand, to the point that there are cash prizes for finding them.

The guy who's computer first found that one will be getting $3000 from GIMPS and the first person or team to find a prime with over 100,000,000 digits gets $150,000 from the EFF (if this is found by the GIMPS project as the last few have been the actual individual participant gets $50,000).

cstine
Apr 15, 2004

What's in the box?!?

wolrah posted:

Large prime numbers are useful in cryptography for reasons I don't entirely understand, to the point that there are cash prizes for finding them.

The very TLDR about that is that multiplying two prime numbers together to get a semi-prime number is very very easy; finding the two factors you used to create the number is very very not easy (yet). So the bigger the prime, the more secure the resulting semi-prime number.

Public keys are the result of the math, and private keys are the numbers used to do the math.

Edit: this is vastly vastly simplified over reality, but covers why primes matter.

Nitrousoxide
May 30, 2011

do not buy a oneplus phone



Burst has been going crazy the past few days.

It's actually has a 2 month ROI for some usb 8 TB harddrives at the moment if difficulty/rewards remain the same.

Also looking into it, one of their plans this year is to store the combined culture of the world using their proof of storage system and do their lookups based on that, so they'll be essentially backing up "important" data from around the world and distributing that info to keep it from being lost.

Nitrousoxide fucked around with this message at 22:19 on Jan 6, 2018

Fauxtool
Oct 21, 2008

by Jeffrey of YOSPOS
who determines whats important and how do you know its not just a private repository for anime, porn and memes?

Nitrousoxide
May 30, 2011

do not buy a oneplus phone



Fauxtool posted:

who determines whats important and how do you know its not just a private repository for anime, porn and memes?

Those sound like very important things to retain to me.

Fauxtool
Oct 21, 2008

by Jeffrey of YOSPOS
I have 16tb of storage and its not work related

PerrineClostermann
Dec 15, 2012

by FactsAreUseless

Nitrousoxide posted:

Those sound like very important things to retain to me.

Risky Bisquick
Jan 18, 2008

PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.



Buglord
Profits are up, I've started piecing together box #2.

Also I came home to my 1070 fan at 0rpm, and the gpu still hashing away perfectly fine at 71 degrees :laugh:

Fauxtool
Oct 21, 2008

by Jeffrey of YOSPOS

Risky Bisquick posted:

Profits are up, I've started piecing together box #2.

Also I came home to my 1070 fan at 0rpm, and the gpu still hashing away perfectly fine at 71 degrees :laugh:

what gpus are you going to use? 570s seem like the most available while staying under a 100 day roi.

are you flashing bios?

Scarecow
May 20, 2008

3200mhz RAM is literally the Devil. Literally.
Lipstick Apathy
Why is nicehash so high atm? A 1950x and 2 1080tis is getting me 30usd a day atm

TheFluff
Dec 13, 2006

FRIENDS, LISTEN TO ME
I AM A SEAGULL
OF WEALTH AND TASTE

Scarecow posted:

Why is nicehash so high atm? A 1950x and 2 1080tis is getting me 30usd a day atm

Some shitcoin called Digibyte exploded for whatever reason, as far as I can tell.

Comfy Fleece Sweater
Apr 2, 2013

You see, but you do not observe.

Scarecow posted:

Why is nicehash so high atm? A 1950x and 2 1080tis is getting me 30usd a day atm

Bitcoin on the way to 100k

Comfy Fleece Sweater
Apr 2, 2013

You see, but you do not observe.

TheFluff posted:

Some shitcoin called Digibyte exploded for whatever reason, as far as I can tell.

Everything is going up really

My SiaCoins (yes like the singer but about hard drive storage) are suddenly worth about 1,000 dollars, for 3 days of mining

Edit: Am I going to cash out? No because I’m an idiot, I’m going to diversify into other altcoins lol
But really it’s because there’s no exchange to sell them so they’re actually worth zero I guess

Risky Bisquick
Jan 18, 2008

PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.



Buglord

Fauxtool posted:

what gpus are you going to use? 570s seem like the most available while staying under a 100 day roi.

are you flashing bios?

Not sure on the cards yet, assembling the bare box and ordering my Chinese things from aliexpress.

TheFluff
Dec 13, 2006

FRIENDS, LISTEN TO ME
I AM A SEAGULL
OF WEALTH AND TASTE

Comfy Fleece Sweater posted:

Everything is going up really

My SiaCoins (yes like the singer but about hard drive storage) are suddenly worth about 1,000 dollars, for 3 days of mining

Edit: Am I going to cash out? No because I’m an idiot, I’m going to diversify into other altcoins lol
But really it’s because there’s no exchange to sell them so they’re actually worth zero I guess

How can they be worth $1000 if there's no exchange for them :psyduck:

craig588
Nov 19, 2005

by Nyc_Tattoo
Winminer is starting to have good payouts. Going to let it run until I get paid and report back. Not going back to Nicehash unless there's a dramatic change in...well basically everything about it. I don't care if it's 10% lower earnings if it can pay straight to Paypal and is over 4 dollars a day. But, right now, my projected earnings are at last years Nicehash levels, 10 dollars a day from a 1080 and a 980. Even with my 21 cents per KWH power costs that's worth it. It's actually even easier to setup that Nicehash.

TheFluff
Dec 13, 2006

FRIENDS, LISTEN TO ME
I AM A SEAGULL
OF WEALTH AND TASTE
Turned WinMiner on again and it's now claiming $6 per day mining HUSH on a GTX 1080 at 60% TDP (120W or so), plus another $1.75 from mining ETN on the CPU (another 55W - Cryptonight is apparently memory bound, so the CPU doesn't actually do that much work). This is pretty bananas.

e: $7/day now :pwn:
up uP UP!!!

TheFluff fucked around with this message at 00:45 on Jan 7, 2018

Nitrousoxide
May 30, 2011

do not buy a oneplus phone



TheFluff posted:

How can they be worth $1000 if there's no exchange for them :psyduck:

Bittrex is the main exchange for them.

Fauxtool
Oct 21, 2008

by Jeffrey of YOSPOS
is there a program that lets me over/underclock multiple cards differently? My goto MSI afterburner only seems to let me do one or set all similar cards with the same settings.

If I end up making a mixed gpu rig how do i set the various cards up?

nevermind i figured it out

Fauxtool fucked around with this message at 02:57 on Jan 7, 2018

Kazinsal
Dec 13, 2011


Comfy Fleece Sweater posted:

Everything is going up really

My SiaCoins (yes like the singer but about hard drive storage) are suddenly worth about 1,000 dollars, for 3 days of mining

Edit: Am I going to cash out? No because I’m an idiot, I’m going to diversify into other altcoins lol
But really it’s because there’s no exchange to sell them so they’re actually worth zero I guess

What the gently caress is a SiaCoin?

DrDork
Dec 29, 2003
commanding officer of the Army of Dorkness

Kazinsal posted:

What the gently caress is a SiaCoin?

It's like DogeCoin but even dumber.

Nitrousoxide
May 30, 2011

do not buy a oneplus phone



Kazinsal posted:

What the gently caress is a SiaCoin?

Distributed data storage.

There's basically two ways to spend/earn money on it. The first is the regular GPU mining. You can also rent your storage for SiaCoins at a market rate and the network distributes the data that people are paying to have uploaded to the cloud across all the people who are selling their storage.

You need to have at least 95% uptime though otherwise the network will never allocate your storage and award you coins for it.

cstine
Apr 15, 2004

What's in the box?!?

Nitrousoxide posted:

Distributed data storage.

There's basically two ways to spend/earn money on it. The first is the regular GPU mining. You can also rent your storage for SiaCoins at a market rate and the network distributes the data that people are paying to have uploaded to the cloud across all the people who are selling their storage.

You need to have at least 95% uptime though otherwise the network will never allocate your storage and award you coins for it.

So you're being paid to host someone's child porn collection?

Comfy Fleece Sweater
Apr 2, 2013

You see, but you do not observe.

Nitrousoxide posted:

Bittrex is the main exchange for them.

Sweet, thanks

Literally signing up for the exchange that got hacked like 3 months ago lol

it's Crypto

edit: Never mind, you can't sign up anymore

"Dear new users:

We have received an enormous number of new account registrations over the past few weeks. We are excited to have so many new users who want to join the Bittrex community. Unfortunately, we have to make a few upgrades to our support and backend systems to handle the increased traffic and load. As such, we have halted new user registrations for the time being. If you already have an account on Bittrex, you will not be affected by this change. Please continue to the log in as you normally do.

To our new users, we will keep you posted on when we open up registration. We apologize for the inconvenience!

The Bittrex Team"

Nitrousoxide
May 30, 2011

do not buy a oneplus phone



cstine posted:

So you're being paid to host someone's child porn collection?

Well, part of it. The data would be spread across multiple hosts and not all of it would (generally) be in one place. And it would be encrypted so to you it would look like random data.

But yeah there is the possibility of illegal content being uploaded to your hardware.

I'm not sure what the legal ramifications might be if someone hosted part of an encrypted child porn file. Presumably dropbox, and other cloud storage companies have had to deal with this so there may be some history on how it's handled.

Kazinsal
Dec 13, 2011


Dropbox et al have giant legal teams that get paid a lot of money to do a lot of work to get poo poo like that disappeared in the legal system.

Joe Crypto does not.

This is a thing, lol.

Numinous
May 20, 2001

College Slice
Welp, payoff on a mining rig just dropped below 4 months with the non-video card cost being recouped within the first month.

Riding the crypto currency rollercoaster and having a great time!

Also, burstcoin finally breached $.10 a coin! :getin:

Zero VGS
Aug 16, 2002
ASK ME ABOUT HOW HUMAN LIVES THAT MADE VIDEO GAME CONTROLLERS ARE WORTH MORE
Lipstick Apathy
I have got soooo much in my Amazon balance right now, lol

loving sucks that they started charging state sales tax for all 1st party stuff, though you can still find 3rd party sellers who don't collect it.

Harold Cooplowski
Sep 11, 2013
So is Cardano the next big thing or would it be dumb to sink an investment into it?

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craig588
Nov 19, 2005

by Nyc_Tattoo
Hush is like if Bitcoin is too legitimate for you, but they were paying me 12 dollars a day for it for a while today.

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