Questions & Answers

3 votes
2k views

Bitcoin has been around since 2009 during that time we have seen some major price changes in a very volatile market. No one can know the price of bitcoin in the future, but if you have to guess! How much do you think one bitcoin be worth on the 1st of January 2015?

2 votes
0 answers
1k views

I have been looking into building my own mining rig to mine myself some fresh Ethereum :)

I got two questions surrounding the matter:

What is the best over all GPU for mining Ethereum, the card with the most hashing power?

Which GPU is the most profitable in terms of power consumption, cost and hashrate?

Thanks!

1 vote
2k views

As I am trying to log in to my Blockchain.info web wallet i get the error code: 157 ‘Unknown error code’ from NDBCLUSTER’. I am able to login to my account by my current balance says 0 BTC and my transaction log is empty. Is Blockchain.info hacked? I am really worried that my bitcoins are lost!!

Can some one please shed some lite on this matter, help would be much appreciated!

  • Cryptorian asked 2 years ago
  • last active 2 years ago
1 vote
2k views

Hi!
Excellent page … congratulations!
Please … you can get good money from Free Bitcoibon (Taps)?
Estimate this value in dollar in 30days …

Thank you and success! Giovanni

1 vote
0 answers
1k views

Hi everybody!
Minors from the Bitcoin blockchain are rewarded with… Bitcoins.
Does someone know how are rewarded minors for non-monetary blockchain?
Thank you community ;)

1 vote
1k views

Hello miners,

Do you know what the best GPU for Monero mining is? If someone could point me to best GPU out on the market today I would be most grateful. necessarily not looking for the most Mh/s but rather bang for buck with a combination of electricity efficiency and hash power.

Due to the recent price hike, I am really keen to get started as soon as possible.

  • Xeptra asked 6 months ago
  • last active 6 months ago
1 vote
3k views

I have seen some coins using SHA256d algorithm latley, what is the big difference between SHA256d and the SHA256 that bitcoin uses?

  • Cryptorian asked 2 years ago
  • last active 2 years ago
0 votes
0 answers
779 views

Allthough Cricket is the Game required Skills and Talent. It doesn’t make more different in player’s performance. Grate example of sachin Tendulkar with 5/5 height known very highest player in cricket history. Here we see some tallest cricketer of cricket prediction.

  1. Mohammed Irfan:- Mohammed Ifran is paksitani cricketer, tallest cricketer in cricket history. He has a extaordnery hight 7’1” (216 cm).

  2. Joel Garner (West Indies):-Joel Garner Known as the “Big Bird” . Garner’s height is 6’8”(203cm).

  3. Bruce Reid:- Bruce Reid is Australian player. Bruce’s has 6’8”(203cm) height. He has been played 27 Test matches for Australia took 113 Test wickets at an average of 24.63 runs per wicket. He has played 61 one-day-internationals taking 63 ODI wickets.

  4. Peter George:- Peter George is Australian player with the height 6’8”(203 cm). he is A right-arm fast-medium bowler mostly played test cricket.

  5. Boyd Rankin:- He is a right-arm medium-fast bowler and played international cricket for both England National side and Ireland. He is also has amazing 6’8”(203cm) height.

  6. Chris Tremlett:- Chris played cricket for England cricket team. He is tall English fast bowler renowned for his first ball wicket in first class cricket against New Zealand in the year 2000. Chris height is 6’7”(201cm).

  7. Steven Finn:- Steven Finn is player of England Cricket team. He is a right-handed batsman and a right-arm fast-medium bowler. Steven with height of 6 feet and 7 inches he is the 2nd tallest cricket player in England .

  8. Curtly Ambrose:- Ambrose a player of west indies, The gentle giant standing at 6’7” was the spearhead of the West Indian bowling attack from the late eighties to the turn of the century.

  9. Sulieman Benn:- Sulieman Jamaal Benn very famous West Indian cricketer who plays international cricket for the West Indies and first-class cricket for Barbados. He has Height of 6’7” (201cm). he is also the Tallest Spin Bowler in history.

  10. Tom Moody:- Moody played for Australia with the height of 6’7”. Moody was only one of the two Australian cricketers along with Steve Waugh to have been a part of two World Cup winning squads, in 1987 and 1999. Tom Moody is also the Former Head coach of the Sri Lankan cricket team and Currently he was the coach for the IPL team Kings eleven Punjab.

0 votes
343 views

How do I get started?

0 votes
0 answers
2k views

I have always wondered if it is possible to mine more than one cryptocurrency simultaneously with one machine?

I would like to mine Vertcoin, Peercoin and Dogecoin at the same time.

0 votes
0 answers
937 views

Cricket betting is very popular game over the world and known as gentelmen’s game. But if we looked in past we find many incidents when cricket lost its gentle image. some of these big controversy’s of the history of cricket are following.

  1. The Body-line series
    Cricket team history witness this biggest controversy in 1932-33 popularly known as “Body line series”. In this series a English bowlers advised a trick to prevent the Australian bat’s man from scoring freely. They stick to short pich delivery in the line of leg stump to target bat’s man’s body. There was no serius enjury occurred but it led to ruined two team’s relations. It also affected diplomatic relation of England and Australia countries.

  2. The Sydney Riot of 1879
    At 1879, the Sydney riot was a civil disorder that occurred during a cricket match. That disput happen between a touring English team captained by Lord Harris and a team from the New South Wales Cricket Association led by Dave Gregory. This controversy starts from umpire decision when a New South Wales batsman was declared out. The decision caused a anger among the spectators and an fury intruded into the ground and assaulted the fielding English players as well as the umpire. Later on it was believed that all it happn because gambling, who bat a large amount of money form the home side, because the English team was in strong position to win the match.

  3. The oval test fiasco
    This controversy occourd on 20th Aug 2006, on the 4th day of test match which was being played between England and Pakistan. This controversy initiate when umpire hair accused Pakistani team of ball tempring and awarded englind team 5 run as a penalty. After tea brack, Pakistani initiate protest and team refused to play match. Unpire declared England team winner of that match. This is the only forfeited match in cricket history.

  4. Terrorist attack on Sri lanka cricket team.
    This was happn on 3rd march, 2009 in Pakistan near gaddafi stadium Lahore. This day rememberd as black day of cricket history. 12 gunman attacked on the bus while sri lankan players going to stadium from hotel. 6 Sri Lankan player were injurd in that dedly attack.

  5. Riot at Eden Garden
    It was the semifinal match of world cup 1996. India lost 7 wicket in just 22 runs. This poor performance of india leads to crould wild. The angry spectators threw water bottles into the ground and set fire in the stands. Match refry posed the match for 15 min and later resume match under tight security but still spectator was in no mood to calm down and sri lanka won the match eventually.

  6. The Monkey-Gate controversy
    This big controversy arise when Indian team team went to Australia in 2008 in a test series.
    This controversy occurred between Indian player harbhajan sing and andrew simonds. Andrew simonds alleged that harbhajan made a racial commant on him by calling monkey. Harbhajan was banned for 3 test match as a penalty. This incident ruined Indian Australian relationship too.

  7. Spot Fixing Fiasco Involving Pakistani Players
    This is also known as darkest incident of cricket history. On 2010 spot fixing scandle occord Salman Butt, Mohammad Asif and Mohammad Amir were convicted of spot fixing in a Test match against England at Lords.

  8. Harbhajan – Sreesanth Slap-Gate incident
    In IPL 2008 this embarssed incidence happn when harbhajan singh slapped his team mate sreesanth. Sreesanth was seen crying in the field . harbhajan was banned for 11 IPL matches for this embarssing incident.

0 votes
0 answers
2k views

As I understand it, by running a full node like Bitcoin-QT or other software, I am helping confirm transactions and contributing to the Bitcoin network. As people send bitcoin over network small transaction fees are applied each time. Are these bitcoins distributed evenly between the people running the nodes, if so, how do I receive them?

0 votes
0 answers
53 views

I’m very aware that many people around the world are aware of what I’m writing here and it is nothing new for them. They decided to wait for the human conciseness to raise on a higher level and they let the time to kill the Capitalism.

Capitalism has a bug. It is called greed. The patch was provided by Satoshi in 2009 but the bug is still not fixed as of today.

Let me tell you my story. I have found out that I’m a storyteller during the years growing up in a very small beautiful village 100 km from the sea side.

All the pieces came together after intensive drinking sessions for like a month combined with not sleeping at all. After some time I was diagnosed as bipolar and most of the things were clearer to me.

I believe that Satoshi was very very aware of this and what his formula will do to the world. Therefore he decided to stay incognito.

Since the era of computers and internet, few very important moments happened:

Diffie Helman - formula which allows us to communicate securely in a crowded environment.

Open Source. The birth of Linux.

ToR - I think Snowden used it (or variation of it, possibly combined with something else, to achieve ultimate security and anonymity on Internet). I'll be very happy if he open the "code" for his shell script.
Blockchain - formula which solved the equation and allows the humanity to get rid of the global rigid stupid greedy LEGACY financial system.

In my opinion thats the 4 formulas that humanity need to enter the Jacques Fresco Era. I hope he is fine and he can read or listen to this message. I contacted his best friend Roxanne over the phone in 2014 but she couldn’t understand me and proposed to me to start taking small baby steps and to move forward. She also explained to me that when the time will come, I will know. That’s one of the best advises that I got in my life from a person that I just called few minutes ago. Insane. Now since Mr President Trump got his hands on the keys for the nuclear bombs I’m fully confident that it is the right time. For some reason I was not 100% sure about Mr Obama as he was surrounded by stupid greedy idiots (Paulsen, Greenspan etc…)

I would like to start the humans with anomalies to start sharing the paranormal stuff as I have experienced something that I’m not sure we’ll be able to write shell script or I’m missing some very important detail.

I would like to understand if there are someone watching from far away and maybe they also wait for this moment to come.

Last thing… I had band named “Tool” playing on my headphones while I was writing this. I’m 1000% sure that they are aware. Lateralus helped me to try to get all the pieces together. I would like to personally thank to them for keeping me sane for the last 10-12 years. Pink Floyd is still my favorite band though. One more thing, I would like to hear the opinion of Mr. Slavoj Zizek as although I haven’t read all his stuff I’m big fan of his work.

Now I should stop writing. Time to act. I’m offline. The big party can start now. Goodbye.

0 votes
0 answers
2k views

If someone or a group of people with get 51% of the hashing power on the Bitcoin Network. What exactly could be done by these individuals? Could they for example create bitcoin out of thin air, create bitcoin transactions from other wallets, reverse transactions and so forth?

0 votes
0 answers
2k views

Hey guys!!

I was just wondering if it is worth buying a bitcoin USB miner such as the ASICMiner Block Erupter USB (330MH/s) Sapphire Miner now? Will it be profitable or am I just wasting my time and electricity? :)

0 votes
2k views
0 votes
1k views

seriously this is the Hashrate: 1100 Kh / s, will not they meant 1100 H / s.
I need help please there.

0 votes
0 answers
1k views

The javascript-based decentralized application platform Lisk made its entrance to the market as the token started to trade at exchanges like Poloniex today.

Out of pure curiosity, how many Lisk will ever be minted? The information could be extremely useful as Lisk tires to find its price during the first ours of trade.

https://cryptojunction.com/cryptocurrency/lisk/

  • Cheese asked 9 months ago
  • last active 9 months ago
0 votes
0 answers
2k views

Is it possible to mine Lisk (LSK) after the ICO, if so how would I go about doing it? By the looks of it, Lisk uses Deligated proof of stake as a hashing algorithm.. which would indicate that mining is not possible. On the other hand as it is proof of stake would allow for staking or minting in some form or another.

Could someone please shine some light on the subject?

Lisk is a blockchain application platform and cryptocurrency, which offers an all round solution for Node.js and JavaScript developers to deploy their own blockchain applications.

0 votes
0 answers
953 views

Bitcoin is mined on a distributed computer network of users running specialized software; the network solves certain mathematical proofs, and searches for a particular data sequence (“block”) that produces a particular pattern when the BTC algorithm is applied to it. A match produces a bitcoin. It’s complex and time- and energy-consuming.

Only 21 million bitcoins are ever to be mined (about 11 million are currently in circulation). The math problems the network computers solve get progressively more difficult to keep the mining operations and supply in check.

This network also validates all the transactions through cryptography.

How does Bitcoin work?

Internet users transfer digital assets (bits) to each other on a network. There is no online bank; rather, Bitcoin has been described as an Internet-wide distributed ledger. Users buy Bitcoin with cash or by selling a product or service for Bitcoin. Bitcoin wallets store and use this digital currency. Users may sell out of this virtual ledger by trading their Bitcoin to someone else who wants in. Anyone can do this, anywhere in the world.

There are smartphone apps for conducting mobile Bitcoin transactions and Bitcoin exchanges are populating the Internet.

How is Bitcoin valued?

Bitcoin is not held or controlled by a financial institution; it is completely decentralized. Unlike real-world money it cannot be devalued by governments or banks.

Instead, Bitcoin’s value lies simply in its acceptance between users as a form of payment and because its supply is finite. Its global currency values fluctuate according to supply and demand and market speculation; as more people create wallets and hold and spend bitcoins, and more businesses accept it, Bitcoin’s value will rise. Banks are now trying to value Bitcoin and some investment websites predict the price of a bitcoin will be several thousand dollars in 2014.

What are its benefits?

There are benefits to consumers and merchants that want to use this payment option.

  1. Fast transactions – Bitcoin is transferred instantly over the Internet.

  2. No fees/low fees — Unlike credit cards, Bitcoin can be used for free or very low fees. Without the centralized institution as middle man, there are no authorizations (and fees) required. This improves profit margins sales.

  3. Eliminates fraud risk -Only the Bitcoin owner can send payment to the intended recipient, who is the only one who can receive it. The network knows the transfer has occurred and transactions are validated; they cannot be challenged or taken back. This is big for online merchants who are often subject to credit card processors’ assessments of whether or not a transaction is fraudulent, or businesses that pay the high price of credit card chargebacks.

  4. Data is secure — As we have seen with recent hacks on national retailers’ payment processing systems, the Internet is not always a secure place for private data. With Bitcoin, users do not give up private information.

a. They have two keys – a public key that serves as the bitcoin address and a private key with personal data.

b. Transactions are “signed” digitally by combining the public and private keys; a mathematical function is applied and a certificate is generated proving the user initiated the transaction. Digital signatures are unique to each transaction and cannot be re-used.

c. The merchant/recipient never sees your secret information (name, number, physical address) so it’s somewhat anonymous but it is traceable (to the bitcoin address on the public key).

  1. Convenient payment system — Merchants can use Bitcoin entirely as a payment system; they do not have to hold any Bitcoin currency since Bitcoin can be converted to dollars. Consumers or merchants can trade in and out of Bitcoin and other currencies at any time.

  2. International payments – Bitcoin is used around the world; e-commerce merchants and service providers can easily accept international payments, which open up new potential marketplaces for them.

  3. Easy to track — The network tracks and permanently logs every transaction in the Bitcoin block chain (the database). In the case of possible wrongdoing, it is easier for law enforcement officials to trace these transactions.

  4. Micropayments are possible – Bitcoins can be divided down to one one-hundred-millionth, so running small payments of a dollar or less becomes a free or near-free transaction. This could be a real boon for convenience stores, coffee shops, and subscription-based websites (videos, publications).

Still a little confused? Here are a few examples of transactions:

Bitcoin in the retail environment

At checkout, the payer uses a smartphone app to scan a QR code with all the transaction information needed to transfer the bitcoin to the retailer. Tapping the “Confirm” button completes the transaction. If the user doesn’t own any Bitcoin, the network converts dollars in his account into the digital currency.

The retailer can convert that Bitcoin into dollars if it wants to, there were no or very low processing fees (instead of 2 to 3 percent), no hackers can steal personal consumer information, and there is no risk of fraud. Very slick.

Bitcoins in hospitality

Hotels can accept Bitcoin for room and dining payments on the premises for guests who wish to pay by Bitcoin using their mobile wallets, or PC-to-website to pay for a reservation online. A third-party BTC merchant processor can assist in handling the transactions which it clears over the Bitcoin network. These processing clients are installed on tablets at the establishments’ front desk or in the restaurants for users with BTC smartphone apps. (These payment processors are also available for desktops, in retail POS systems, and integrated into foodservice POS systems.) No credit cards or money need to change hands.

These cashless transactions are fast and the processor can convert bitcoins into currency and make a daily direct deposit into the establishment’s bank account. It was announced in January 2014 that two Las Vegas hotel-casinos will accept Bitcoin payments at the front desk, in their restaurants, and in the gift shop.

It sounds good – so what’s the catch?

Business owners should consider issues of participation, security and cost.

• A relatively small number of ordinary consumers and merchants currently use or understand Bitcoin. However, adoption is increasing globally and tools and technologies are being developed to make participation easier.

• It’s the Internet, so hackers are threats to the exchanges. The Economist reported that a Bitcoin exchange was hacked in September 2013 and $250,000 in bitcoins was stolen from users’ online vaults. Bitcoins can be stolen like other currency, so vigilant network, server and database security is paramount.

• Users must carefully safeguard their bitcoin wallets which contain their private keys. Secure backups or printouts are crucial.

• Bitcoin is not regulated or insured by the US government so there is no insurance for your account if the exchange goes out of business or is robbed by hackers.

• Bitcoins are relatively expensive. Current rates and selling prices are available on the online exchanges.

The virtual currency is not yet universal but it is gaining market awareness and acceptance. A business may decide to try Bitcoin to save on credit card and bank fees, as a customer convenience, or to see if it helps or hinders sales and profitability.

Are you thinking about accepting Bitcoin? Do you already use it? Share your thoughts and experiences with us.

You can learn all about bitcoin mining, block chains (the database), miner pools, wallets, and transactions at https://bitcoin.org/en/ or http://www.coindesk.com as well as YouTube videos.

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