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Comfy Fleece Sweater posted:Seems really dumb considering Vitalik keeps harping about how Eth is going to switch to Proof of Stake real soon now and miners have less than a year left and so on Vitalik can't actually deliver tho, they were supposed to do the PoS switchover like 18 months ago and his current timeline is 3-5 years (which is the "cold fusion in 10-20 years" of computer science). He's a dumb teenage kid who wrote a Bitcoin ripoff that used a different hash algorithm, not some computer supergenius.
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Feb 13, 2018 20:17
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Paul MaudDib posted:Vitalik can't actually deliver tho, they were supposed to do the PoS switchover like 18 months ago and his current timeline is 3-5 years (which is the "cold fusion in 10-20 years" of computer science). Ok, just change my comment to “Seems really dumb” in general, for anything related to cryptocurrency I regret the day I read Neal Stephenson and thought “oh cool”
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Feb 13, 2018 20:21
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I wonder if Bitmain is "burn-in testing" them right now, lol (they do that - lots of people find dust, worn-out fans, etc in their "new" miners)
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Feb 13, 2018 20:43
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Stop implying 
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Feb 13, 2018 20:47
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For the full Butterfly Labs experience, they need to delay sending them until they've increased the difficulty enough that their customers can never profit from them. 
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Feb 13, 2018 20:55
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Paul MaudDib posted:Vitalik can't actually deliver tho, they were supposed to do the PoS switchover like 18 months ago and his current timeline is 3-5 years (which is the "cold fusion in 10-20 years" of computer science). Bonus points, Proof of Stake in any form can't be more efficient than Proof of Work, simply because the effort spent to cheat the system will remain constant, as long as the money they can gain remains the same. Every single proposed PoS setup has the same underlying issue, people are willing to pay $1000 to earn $1100, so how do you decentralize an untrusted voting system that's robust against people colluding, cheating, or otherwise making GBS threads on the network for financial gain?
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Feb 13, 2018 21:16
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Comfy Fleece Sweater posted:Seems really dumb considering Vitalik keeps harping about how Eth is going to switch to Proof of Stake real soon now and miners have less than a year left and so on except when he admits three to five years
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Feb 13, 2018 23:37
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divabot posted:except when he admits three to five years Gotta keep the scam going
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Feb 14, 2018 01:47
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Paul MaudDib posted:I wonder if Bitmain is "burn-in testing" them right now, lol Worn out fans should only happen if they fit them with the cheapest fans they can find. Some of the nicer fans like Noctua supposedly have a 17 year MTBF. How are they wearing out fans with only a few weeks of "burn-in" ?
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Feb 14, 2018 20:58
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You make the incorrect assumption that they're not fitting them with random cheap-o fans. The build quality of a lot of ASICs is pretty questionable, really--sure, they spent some good money fabing that custom silicon, but then they jam it into a folded metal frame that wouldn't be out of place next to some early 90's computer cases.
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Feb 14, 2018 22:17
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Yeah, the cases some of these things are slapped in are basically Jim-Bob-Bought-A-Sheet-Metal-Folder quality. And then you get to buy and wire up a $500 1.5 kW ATX power supply to them and just leave it on the bench next to it because they don't come with a PSU or somewhere to mount one.
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Feb 14, 2018 22:49
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NihilismNow posted:Worn out fans should only happen if they fit them with the cheapest fans they can find. Yup
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Feb 14, 2018 22:55
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What I am really interested in rather than mining, is building a mining pool. So I started researching setting up an Ethereum pool with Open Ethereum Pool (https://github.com/sammy007/open-ethereum-pool). I learned that setting one up in a Digital Ocean might be problematic, due to DO's high iowait states, so im looking to set it up on a dedicated server, something along the lines of an Intel X5650 2.66Ghz - 12 Cores / 24 Threads with 32GB Ram, 1 240GB SSD and 2TB Sata drive should be enough to begin with. I have no idea how much bandwith the pool will consume or if its worth given the ratio of mining hashes per second... Does anyone here have experience running mining pools for bitcoin/ethereum, i'm not doing for the profit, I know the profitability of the mining pool will depend how many autists i can get mining in it, including myself.
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Feb 15, 2018 15:25
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Tempus Thales posted:What I am really interested in rather than mining, is building a mining pool. So I started researching setting up an Ethereum pool with Open Ethereum Pool (https://github.com/sammy007/open-ethereum-pool). You’re thinking big now I very briefly considered it but not worth the hassle imo. It goes beyond just touching the butts to becoming one with the poop. Also I figured you’d want to do it as anonymously as possible, check for security, and ugh. Definitely one of the best ways to profit off of crypto though, next to running an exchange or writing your miner software
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Feb 15, 2018 17:28
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https://twitter.com/edzitron/status/964241840923799552
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Feb 15, 2018 22:13
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Comfy Fleece Sweater posted:You’re thinking big now I'm not looking to flip 20,000 users on a first run if anything I will have it running for authenticated parties first before I open it to a worldwide public. There is going to be no interaction with the server for anything other than the miners talking to it, everything else going to build it via authenticating a bot on Discord that talks back to the server for pretty much everything... This is going to help with security and payouts since all that part will be done from the discord server via the bot... From there we will see, if it feels good I might push forward with it and start engaging different communities to get more traffic. I am just really curious how all of it works and if I can do what I have in mind... Do you think the hardware I am contemplating in using is enough to run up to how many connections?
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Feb 15, 2018 22:28
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HERE WE GO Though I didn't receive charges thank god
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Feb 15, 2018 22:31
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Someone previously asked why you wouldn't give your primary banking info to exchanges. Namaste Risky Bisquick posted:Opening a new bank account is pretty painless. A couple clicks on your existing banks web portal to give you piece of mind that you aren't giving your actual banking info to exchanges.
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Feb 15, 2018 22:32
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Lmao this is why I created a separate bank account with a separate bank from my real money. Get hosed nerds!
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Feb 15, 2018 22:35
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Whoa thats mean  They totally have my primary bank information though I'd like to see them try to actually generate 50 ACH withdrawals. The way things are these days my bank would probably send seal team 6 and drag me out of work to discuss fraudulent charges
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Feb 15, 2018 22:38
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This never would have happened if they'd just been their own bank.
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Feb 15, 2018 23:01
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There is a cryptojacking campaign targeting WordPress sites: https://twitter.com/xbs/status/963796410100604929
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Feb 15, 2018 23:08
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lol crypto
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Feb 15, 2018 23:10
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Risky Bisquick posted:Someone previously asked why you wouldn't give your primary banking info to exchanges. Namaste Oddly enough, the people who gave their banking info weren't hit. The extra charges all went to people using credit or debit cards.
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Feb 15, 2018 23:34
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Yeah I don't see how they could just drain you account just based on its number, but on the other hand charging a shitload to you card is trivial. Still glad I gave them no real info at all. Hopefully NH->CB->Gyft still works, butts are up to 10k so I'll stick with it for a bit.
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Feb 15, 2018 23:51
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Isn't 2FA turned on with Coinbase by default? It is for me and I feel like it walked me through it right away. Edit: I didn't see any funny business and I only got like $100 in there, but I unlinked my bank anyway. Zero VGS fucked around with this message at 00:10 on Feb 16, 2018 |
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Feb 16, 2018 00:05
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Yeah I dont think that one is going to pan out lol. I mean something might have happened, but Coinbase isn't going to burn itself by charging some credit cards 50 times. The worst realistic scenario is someone hacked in and is creating false charges on top of legitimate ones
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Feb 16, 2018 03:08
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Rastor posted:There is a cryptojacking campaign targeting WordPress sites: more like fav initial coin offering
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Feb 16, 2018 03:33
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Gyft stopped accepting my coinbase to buy amazon gift cards (saying declined due to security reasons). Any other way to turn BTC into gift cards?
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Feb 16, 2018 20:24
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Sibling of TB posted:Gyft stopped accepting my coinbase to buy amazon gift cards (saying declined due to security reasons). Any other way to turn BTC into gift cards? I just tried and it let me go to the very end. I didn't actually hit purchase but it gave no indication that it wouldn't take Coinbase funds. When did it fail?
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Feb 16, 2018 20:28
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1gnoirents posted:I just tried and it let me go to the very end. I didn't actually hit purchase but it gave no indication that it wouldn't take Coinbase funds. When did it fail? After choose the method of payment (coinbase or bitpay), click go, it opens a new window which usually says that everything went alright but this time is saying "Sorry, your order has been declined for security purposes" and that an email has been sent explaining and that the funds will be refunded (they were never taken in the first place, so that's good I guess). And the email is a generic "your transaction has been denied, look at our FAQ". No big deal, just 30 free bucks. I'm hoping it's something to do with the coinbase hack or whatever and either it'll stop rejecting in a week or so or the low effort mining thing is all done.
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Feb 16, 2018 20:34
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That happens to me if I don't disable uBlock and Ghostery in my browser beforehand. Are you running an adblocker?
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Feb 16, 2018 20:41
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McPimpenheimer posted:That happens to me if I don't disable uBlock and Ghostery in my browser beforehand. Are you running an adblocker? Ah! There you go! Dumb of me, was doing it on a different computer than usual and forgot about all that. Thank you!
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Feb 16, 2018 20:56
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Oh gee I forgot to disable my privacy and security extensions, silly me forgot that I was dealing in cryptocurrencies
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Feb 16, 2018 20:59
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Please disable your extensions which block our bitcoin-mining javascript
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Feb 16, 2018 21:10
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Gyft also forces you to turn off 2FA on Coinbase lol. For that reason alone I never really used it as a matter of inconvenience
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Feb 16, 2018 21:12
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ETH DAG File is now over 3GB in size. May begin to see the 1060 3GB head back to MSRP levels if they aren't already.
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Feb 16, 2018 23:45
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Nicehash is making enough so that I'm no longer contemplating turning off my computer. To the moon!
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Feb 17, 2018 01:01
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1gnoirents posted:Gyft also forces you to turn off 2FA on Coinbase lol. For that reason alone I never really used it as a matter of inconvenience Jesus christ
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Feb 17, 2018 01:06
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1gnoirents posted:Gyft also forces you to turn off 2FA on Coinbase lol. For that reason alone I never really used it as a matter of inconvenience A small price to pay in order to strengthen the Ethereum Network 💪
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Feb 17, 2018 01:35
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