Bitcoin: no angel investors, only Faustian bargains

The Something Awful Forums > Main > General Bullshit > Bitcoin: no angel investors, only Faustian bargains

Waffle House: Oct 27, 2004; You follow the path
fitting into an infinite pattern.

Yours to manipulate, to destroy and rebuild.

Now, in the quantum moment
before the closure
when all become one.

One moment left.
One point of space and time.

I know who you are.

You are Destiny.

PhazonLink posted:

the email using decimals and having the wrong place for the $ ; 20.000$ for $20K makes this seem like some so foreigner trying to scam some butts, even with something as notable as this can the US really do anything?

well if the frequency of cryptolockers and subsequent FBI field agent visits at my last IT job was any indication, I'd say they're fascinated but maybe not sure what to do about it

# ? Dec 14, 2018 03:22

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# ? Jun 4, 2024 02:09

Pham Nuwen: Oct 30, 2010

whoever bought me this avatar is awesome

# ? Dec 14, 2018 05:46

Papa Was A Video Toaster: Jan 9, 2011

Lolie posted:

I would have thought you lot would be celebrating a public demonstration of how useful a decentralized currency can be.

Great for buying drugs, ransom demands or whatever racket you want. Bitcoin rocks.

So cool.

# ? Dec 14, 2018 06:18

no go on Quiznos: May 16, 2007; Pork Pro

PhazonLink posted:

the email using decimals and having the wrong place for the $ ; 20.000$ for $20K makes this seem like some so foreigner trying to scam some butts, even with something as notable as this can the US really do anything?

Maybe they just want :20bux:

? Gotta start small.

# ? Dec 14, 2018 06:19

StandardVC10: Feb 6, 2007; This avatar now 50% more dark mode compliant

no go on Quiznos posted:

Maybe they just want ? Gotta start small.

"Our competitors would demand millions to not blow up a building! A bargain at twice the price!"

# ? Dec 14, 2018 07:06

Salt Fish: Sep 11, 2003; Cybernetic Crumb

That Razor mining thing is really insane.

# ? Dec 14, 2018 07:10

Mimesweeper: Mar 11, 2009; Smellrose

Salt Fish posted:

That Razor mining thing is really insane.

"We'll get our customers to burn out their hardware faster so they buy more AND earn a profit at the same time!"

Some jackass in an expensive suit got a hell of a bonus over this.

# ? Dec 14, 2018 08:00

McGiggins: Apr 4, 2014; by R. Guyovich; Lipstick Apathy

And I bet he got it using a chart that showed exponential growth pairing the increased income from the coins directly tied to the increase in sales over x quarters of graphics cards.

They absolutely know what they're doing here, and are thus completely due a full share of blame of all the bad associated with coin stuff.

# ? Dec 14, 2018 09:27

Mimesweeper: Mar 11, 2009; Smellrose

I'm sincerely glad I'm not the type of person who would screw over idiots to get rich but at the same time sometimes I wish I was the type of person who could screw over idiots to get rich.

It's a good thing the government will ~~catch onto all this bullshit and prosecute the fuckers involved~~ are busy fighting about bathrooms and pretending to do things and getting reelected.

Mimesweeper fucked around with this message at 10:01 on Dec 14, 2018

# ? Dec 14, 2018 09:58

McGiggins: Apr 4, 2014; by R. Guyovich; Lipstick Apathy

I wonder if the west actually can do anything about bitcoin.

England is turbo hosed (lol), Australia can't keep a leader in power for a single term without immediately supplanting them with someone else, France is also turbo hosed, and America is seemingly about to impeach a president.

Like, every ~major~ western nation is in actual shambles and no one seems to be really caring or noticing?

How is bitcoin going to have it's disastrous negative environmental effects properly investigated and dealt with at a regulatory level if the countries that need to take action are busy eating themselves for fun. Or am I overhyping how much self-eating those countries are doing?

# ? Dec 14, 2018 10:33

Lolie: Jun 4, 2010; AUSGBS Thread Mum

McGiggins posted:

Or am I overhyping how much self-eating those countries are doing?

Maybe. The reason why government departments in the UK and Australia have a head who is separate from the minister holding the portfolio is for stability, so changes of leader or changes of government shouldn't really affect the functioning of the various departments responsible for the environment. Some of those organisations aren't federal anyway - they're state or local government.

I do wonder how many people mining Bitcoin have had their homes raided because police suspected a grow op based on the electricity consumption.

# ? Dec 14, 2018 10:43

McGiggins: Apr 4, 2014; by R. Guyovich; Lipstick Apathy

See I had never considered that. How easy would it be to set up a bunch of pcs that have a theoretical equal power load to your grow op and just leave em idling.

Why no officer, I'm not mining weeds, I'm mining butts.

# ? Dec 14, 2018 10:53

Toys For Ass Bum: Feb 1, 2015

https://deadcoins.com/

What a magical loving site :allears:

# ? Dec 14, 2018 13:28

Risc1911: Mar 1, 2016

Update on the Razer Mining Scam. I finally got it running and mining on a VM with a 1080. NExt step is modifying the ethminer from it's github source (https://github.com/ethereum-mining/ethminer) to dump all the information i can into a text file. This should give us the user/pass and address the coins go to.

ethminer 0.17.0-alpha.1+commit.b5499c06.dirty
Build: windows/release
Found suitable OpenCL device [GeForce GTX 1080] with 8.000 GB of GPU memory
Using grid size: 8,192, block size: 128

The miner connects to a cloudflare server at 172.65.195.169

NetRange: 172.64.0.0 - 172.71.255.255
CIDR: 172.64.0.0/13
NetName: CLOUDFLARENET
NetHandle: NET-172-64-0-0-1
Parent: NET172 (NET-172-0-0-0-0)
NetType: Direct Assignment
OriginAS: AS13335
Organization: Cloudflare, Inc. (CLOUD14)
RegDate: 2015-02-25
Updated: 2017-02-17

Risc1911 fucked around with this message at 14:04 on Dec 14, 2018

# ? Dec 14, 2018 13:41

AEMINAL: May 22, 2015; barf barf i am a dog, barf on your carpet, barf

Risc1911 posted:

Update on the Razer Mining Scam. I finally got it running and mining on a VM with a 1080. NExt step is modifying the ethminer from it's github source (https://github.com/ethereum-mining/ethminer) to dump all the information i can into a text file. This should give us the user/pass and address the coins go to.

ethminer 0.17.0-alpha.1+commit.b5499c06.dirty
Build: windows/release
Found suitable OpenCL device [GeForce GTX 1080] with 8.000 GB of GPU memory
Using grid size: 8,192, block size: 128

The miner connects to a cloudflare server at 172.65.195.169

NetRange: 172.64.0.0 - 172.71.255.255
CIDR: 172.64.0.0/13
NetName: CLOUDFLARENET
NetHandle: NET-172-64-0-0-1
Parent: NET172 (NET-172-0-0-0-0)
NetType: Direct Assignment
OriginAS: AS13335
Organization: Cloudflare, Inc. (CLOUD14)
RegDate: 2015-02-25
Updated: 2017-02-17

Goonspeed

# ? Dec 14, 2018 17:24

Refried Noodle: Feb 23, 2012

This is my favorite Christmas gift.

# ? Dec 14, 2018 17:32

klafbang: Nov 18, 2009; Clapping Larry

Toys For rear end Bum posted:

https://deadcoins.com/

What a magical loving site

Coinmarketcap has twice as many scams :smuggo:

# ? Dec 14, 2018 17:45

spankmeister: Jun 15, 2008

Risc1911 posted:

Update on the Razer Mining Scam. I finally got it running and mining on a VM with a 1080. NExt step is modifying the ethminer from it's github source (https://github.com/ethereum-mining/ethminer) to dump all the information i can into a text file. This should give us the user/pass and address the coins go to.

ethminer 0.17.0-alpha.1+commit.b5499c06.dirty
Build: windows/release
Found suitable OpenCL device [GeForce GTX 1080] with 8.000 GB of GPU memory
Using grid size: 8,192, block size: 128

The miner connects to a cloudflare server at 172.65.195.169

NetRange: 172.64.0.0 - 172.71.255.255
CIDR: 172.64.0.0/13
NetName: CLOUDFLARENET
NetHandle: NET-172-64-0-0-1
Parent: NET172 (NET-172-0-0-0-0)
NetType: Direct Assignment
OriginAS: AS13335
Organization: Cloudflare, Inc. (CLOUD14)
RegDate: 2015-02-25
Updated: 2017-02-17

Check the DNS requests it does to get that cloudflare ip and see to there's any info on the domain

# ? Dec 14, 2018 17:49

Slim Pickens: Jan 12, 2007; Grimey Drawer

Bitcoin finally dropped below $3200 :toot:

edit:

Slim Pickens fucked around with this message at 17:57 on Dec 14, 2018

# ? Dec 14, 2018 17:51

spankmeister: Jun 15, 2008

This is good for bitcoin

# ? Dec 14, 2018 17:54

McGiggins: Apr 4, 2014; by R. Guyovich; Lipstick Apathy

Now I want to play rollercoaster tycoon 2

# ? Dec 14, 2018 18:11

Liquid Communism: Mar 9, 2004; коммунизм хранится в яичках

Furia posted:

Hell of a loving take here my dude

I'd be lying if I said I haven't heard it. People are loving terrible, and need to get in the sea.

# ? Dec 14, 2018 19:08

Play: Apr 25, 2006; Strong stroll for a mangy stray

I just finished reading Red Moon by Kim Stanley Robinson, a good book slightly spoiled by the inclusion of blockchain nonsense, a subplot was this kind of socialist revolution putting all your money into a thing called carboncoin which represents carbon taken out of the environment and can only be used for subsistence goods, which caused the nationalization of the banks.

# ? Dec 14, 2018 19:16

Play: Apr 25, 2006; Strong stroll for a mangy stray

Also,

quote:

Rep. Davidson told NPR's Steve Inskeep that the donations could come from anyone and be gathered in a number of ways."You could do it with this sort of, like, crowdfunding site," Davidson explained. "Or you could do it with blockchain�you could have Wall Coins."

loving do it please

# ? Dec 14, 2018 19:17

Slim Pickens: Jan 12, 2007; Grimey Drawer

investing in ponzi schemes to own the libs

# ? Dec 14, 2018 19:29

McGiggins: Apr 4, 2014; by R. Guyovich; Lipstick Apathy

https://www.gizmodo.com.au/2018/12/razer-softminer-cryptocurrency-mine-for-us/ posted:

Per Motherboard, Razer has clarified that they don’t get any of the resulting cryptocurrencies—they go to GammaNow, a company that Razer is both a partner and investor in. Razer just picks up a fee on the deal:

Instead, according to the company, gamers running Razer’s mining software on their machines will be contributing to a platform called GammaNow that Razer is partnered with. GammaNow will manage the mined cryptocurrency—which includes ether, the native token of the Ethereum blockchain, as well as a rotating cast of other tokens—and in return give Razer a fee for convincing customers to contribute computing power. Users will receive loyalty points called Silver that can be redeemed for a discount on Razer products.
“The cryptocurrency that’s being mined through this program is not touching Razer’s hands nor the user’s hands,” said Razer spokesperson Kevin Allen in a phone call. “We get a fee from the third party for generating cryptocurrency.”

Holy poo poo, it's not even for them, they're whoring out their customers as a direct service.

# ? Dec 14, 2018 19:43

ilmucche: Mar 16, 2016; What did you say the strategy was?

Smart way to do it considering it gets them cash directly and they don't have to worry about the coins

# ? Dec 14, 2018 19:56

LGD: Sep 25, 2004

ilmucche posted:

Smart way to do it considering it gets them cash directly and they don't have to worry about the coins

yeah, they really couldn't have done it any better in terms of getting paid in a useful currency and avoiding any possibility of being the bagholder

# ? Dec 14, 2018 20:10

Zamujasa: Oct 27, 2010; Bread Liar

Figures that a gaming company knows how to game the system

# ? Dec 14, 2018 20:20

Refried Noodle: Feb 23, 2012

LGD posted:

yeah, they really couldn't have done it any better in terms of getting paid in a useful currency and avoiding any possibility of being the bagholder

It does say they invested though, that�s not the smartest move there.

# ? Dec 14, 2018 20:33

Gorak: Dec 25, 2004; "Oh my God, they revived Gorak! You bastards!"

I don't know if we've said this before: butt-coin

https://www.butt-coin.com/

"Is Bitcoin too volatile?

$200, $2,000, $20,000, back to $10,000, up to $12,000, back to $9,000! Who has the stomach for that? With BUTT-Coin, there are no fluctuating, plunging prices. BUTT-Coin is $2 per coin today, tomorrow, and forever! Now that's a price you can depends on! Imagine the look on your arrogant friend's face who bought Bitcoin at "only $2,000" and you tell him you paid...yup...TWO DOLLARS for genuine BUTT-Coin. Boy is he going to feel like a donkey, and not only that, you can buy more Butt-Coin any time at the SAME PRICE! "

Hopefully soon butt-coin will be worth more.

# ? Dec 14, 2018 20:43

Powershift: Nov 23, 2009

Slim Pickens posted:

Bitcoin finally dropped below $3200

edit:

Yeah, but there's a hard resistance floor at 3100 so it will never go lower, buy in the dip.

# ? Dec 14, 2018 21:44

Mammon Loves You: Feb 13, 2011

I cut the head off a chicken and it told me bitcoin charts were due for an inverse bart simpson

# ? Dec 14, 2018 22:13

klafbang: Nov 18, 2009; Clapping Larry

Hurra, Tether is now the 4th most "valuable" bitcoin and all bitcoins combined are very close to breaking $100B in "market cap" according to Coinmarketcap.

Simultaneously, the two bcashes are both storming forward trying to get the highest number of the ranking, both breaking the $80 floor and one being below Litecoin.

# ? Dec 14, 2018 22:17

Risc1911: Mar 1, 2016

McGiggins posted:

Holy poo poo, it's not even for them, they're whoring out their customers as a direct service.

I have only skimmed over the EULA but i did not see a mention of that company.

This might be illegal under the GDPR. I need to look this up. Sending Razer a GDPR request now to disclose who they send my data too.

https://medium.com/gamma-now/gamma-razer-partnership-b20a292b6158

# ? Dec 14, 2018 22:59

Redrum and Coke: Feb 25, 2006; wAstIng 10 bUcks ON an aVaTar iS StUpid

Risc1911 posted:

I have only skimmed over the EULA but i did not see a mention of that company.

This might be illegal under the GDPR. I need to look this up. Sending Razer a GDPR request now to disclose who they send my data too.

https://medium.com/gamma-now/gamma-razer-partnership-b20a292b6158

You're doing God's work.

# ? Dec 15, 2018 00:34

let it mellow: Jun 1, 2000; Dinosaur Gum

McGiggins posted:

Holy poo poo, it's not even for them, they're whoring out their customers as a direct service.

No, they�re and partner and investor. This is a company they spun up to distance themselves from it but will not ever exist without Razer. It fails? Oh well, that was part of the investment budget, of which we expect only about a 10% hit rate anyway. It succeeds? Then they sell it for a large return on their seed money.

# ? Dec 15, 2018 00:50

Lolie: Jun 4, 2010; AUSGBS Thread Mum

3190

# ? Dec 15, 2018 00:51

fins: May 31, 2011; Floss Finder

code:

Non-authoritative answer:
daggerhashimoto.eu.nicehash.com	canonical name = c52a1e136d6a4e4b8494a3c135402072.pacloudflare.com.
Name:	c52a1e136d6a4e4b8494a3c135402072.pacloudflare.com
Address: 172.65.195.169

https://www.nicehash.com/help/ethereum-mining

quote:

...
Example: Mining with 2x AMD 280X GPUs on EU location

ethminer -SP 2 -G -S daggerhashimoto.eu.nicehash.com:3353 -O 1DQ4bZpFTDiSNk2CWLEFWK9K96rBFP2Hv.amdrig
...

Looks like nicehash to me!

e:
https://mobile.twitter.com/xkeepah/status/1072962510574116864

fins fucked around with this message at 01:13 on Dec 15, 2018

# ? Dec 15, 2018 01:10

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# ? Jun 4, 2024 02:09

wet_goods: Jun 21, 2004; I'M BAAD!

fins posted:

code:
Non-authoritative answer:
daggerhashimoto.eu.nicehash.com	canonical name = c52a1e136d6a4e4b8494a3c135402072.pacloudflare.com.
Name:	c52a1e136d6a4e4b8494a3c135402072.pacloudflare.com
Address: 172.65.195.169
https://www.nicehash.com/help/ethereum-mining

Looks like nicehash to me!

e:
https://mobile.twitter.com/xkeepah/status/1072962510574116864

Butts are a blight

# ? Dec 15, 2018 01:43

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