5 weeks to sync the bitcoin blockchain?
Just to be able to make a wallet and a transaction, I need 150GBs of blockchain?
Just to be able to make a wallet and a transaction, I need 150GBs of blockchain?
Cryptocurrency world - Selling hashpower, mining, and making money
- Thread starter DirectorGunner
- Start date
You don't need to sync to make wallets or transactions.
To make a wallet just use the Bitcoin Paper Wallet JavaScript app. It's super easy and you can import it into any other wallet software you want.
To buy and sell you can put a thin client on your phone. No sync needed. Just don't put the password in until you're ready to sell.
To make a wallet just use the Bitcoin Paper Wallet JavaScript app. It's super easy and you can import it into any other wallet software you want.
To buy and sell you can put a thin client on your phone. No sync needed. Just don't put the password in until you're ready to sell.
The main wallet is a pain in the bum for sure. It's soo slooo at the moment - I have no doubt it will get faster over the coming years.
If you want a main wallet to store crypto the fastest one is litecoin - very fast syncing compared to the others.
If you want a main wallet to store crypto the fastest one is litecoin - very fast syncing compared to the others.
https://www.reddit.com/r/NiceHash/comments/7i0s6o/official_press_release_statement_by_nicehash/
So it may turn out that all my nicehash wallet balance was stolen with everyone else's.
I hadn't withdrawn yet because I figured I'd wait till I hit a decent amount to withdraw.
fml.. this sucks.
62.6 Million stolen according to a reddit reply
DarthMatter
Space Marshal
All while this happens:
I only had about 0.4 mBTC (unpaid) in my wallet, so not a lot of money. But I'm kinda pissed since I now need to set something new up, where I don't know if the work my computer is doing is actually being registered/is transferred to a wallet or not. (And that what little BTC I had didn't get to ride the wave from $9000 to $16000)
zeddie
Space Marshal
yeahh... I was due for a deposit tomorrow, with already $160 CAD (at the time, probably over 200 now). I guess it's a good thing I have my wallet externally (valued at 550+ now, 450 last week)
I'm looking into mining Vertcoin directly (since Lyra2REv was the most profitable algorithm even with NiceHash) but it's a lot more complicated to get started.
I'm looking into mining Vertcoin directly (since Lyra2REv was the most profitable algorithm even with NiceHash) but it's a lot more complicated to get started.
Never ever ever leave your crypto in someone else's wallet/exchange/whatever.
A lesson you've now learned the hard way. :(
Welcome to the club. Last year I lost 40% of my holdings due to the Bitfinex hack because I forgot to transfer it out to my own wallet after trading - went on vacation, lost a ton of money.
Never ever ever leave your crypto in someone else's wallet/exchange/whatever.
A lesson you've now learned the hard way. :(
Welcome to the club. Last year I lost 40% of my holdings due to the Bitfinex hack because I forgot to transfer it out to my own wallet after trading - went on vacation, lost a ton of money.
Never ever ever leave your crypto in someone else's wallet/exchange/whatever.
DarthMatter
Space Marshal
I really don't like how Monero wallets can be randomly generated without much complicated securities...
in theory someone could try a billion generated monero accounts and eventually get access to at least one person's account I think.
I'm using Bitcoin armory, blockchain.info, and I'm trying to figure out Jaxx and Exodus...
I want to find a pool with daily direct payouts with good activity.
All the ones I've looked at for ETH, Monero, MinerX, etc have 0 activity shown on their website pages.
I've been not generating any crypto income... need to find something.
in theory someone could try a billion generated monero accounts and eventually get access to at least one person's account I think.
I'm using Bitcoin armory, blockchain.info, and I'm trying to figure out Jaxx and Exodus...
I want to find a pool with daily direct payouts with good activity.
All the ones I've looked at for ETH, Monero, MinerX, etc have 0 activity shown on their website pages.
I've been not generating any crypto income... need to find something.
zeddie
Space Marshal
I've been looking into how to get started with MiningPoolHub.
There's many different Pools available with many coin choices. In particular VertCoin. It also has AutoExchange and AutoSwitch which is helpful whenever other coins become more profitable.
ALL altcoins seem to be down 20-25% today, while BTC gone up another 20% If you want to start, now should be the time, as many are thinking they'll balance out very soon.
There's many different Pools available with many coin choices. In particular VertCoin. It also has AutoExchange and AutoSwitch which is helpful whenever other coins become more profitable.
ALL altcoins seem to be down 20-25% today, while BTC gone up another 20% If you want to start, now should be the time, as many are thinking they'll balance out very soon.
I was checking out miningpoolhub and their suggested mining software,
holycrap did you see the virus scan results from their suggested MultiPoolMiner program!
https://www.virustotal.com/#/file/eef73328a10793d483a2acf41cf34ae920fb730fc35f72d05caed86391144989/detection
That's waaaaay too many confirmations to be all false positives.
holycrap did you see the virus scan results from their suggested MultiPoolMiner program!
https://www.virustotal.com/#/file/eef73328a10793d483a2acf41cf34ae920fb730fc35f72d05caed86391144989/detection
That's waaaaay too many confirmations to be all false positives.
zeddie
Space Marshal
most mining software gets flagged by antivirus though... because what it does is basically using resources directly.
DarthMatter
Space Marshal
That's what I fear, not getting any income with no way of seeing what the problem is. With NiceHash I could easily see my unpaid balance and see it tick up. I generate currency so slowly that I would only get paid once every other week (if the pay-out is at 1mBTC like NiceHash). That is way to long to keep track of my GPU temp and worrying without knowing if I am actually getting anything from it.
I have a Claymore miner set up to Etherpool* with a "MyEtherWallet", but without some sort of "live feed" that I am generating something (and preferably being sent to the correct wallet) I'm too scared to let it run.
*Edited from Nanopool which I though I used due to me reading a thing wrong.
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I use Bitcoin Paper Wallet. I keep the paper in my fireproof safe.
I also keep a backup in an encrypted password manager.
When I'm ready to trade, I scan the password into my phone, transfer the entire balance out of the account and then never use the account again. Make a new one for each transaction.
If you want to use the CORE wallet you can choose where you install the block chain data it the first time you run it - for the sake of the lord install it on an SSD drive if you have one with the free space, I get 3% progress increase per hour which makes the wallet so much more usable.
If you don't mind, why do people make a new wallet for each transaction? What benefit is there to that?
I'm back in business baby!
This is 1 of my 3 workers, this is my streaming PC
And this is why you always precise benchmark your GPUs
For some reason equihash won't bench in this app... I think it's a bug.. but.. at potentially $6 a day per 1080ti... that's more than nicehash!
Figures crossed I start seeing deposits into my paper wallet at anywhere close to this rate.
This is 1 of my 3 workers, this is my streaming PC
And this is why you always precise benchmark your GPUs
For some reason equihash won't bench in this app... I think it's a bug.. but.. at potentially $6 a day per 1080ti... that's more than nicehash!
Figures crossed I start seeing deposits into my paper wallet at anywhere close to this rate.
What programs are these? I'm still so lost on how to properly mine. I have a couple new exchanges to try to buy into today.I'm back in business baby!
This is 1 of my 3 workers, this is my streaming PC
And this is why you always precise benchmark your GPUs
For some reason equihash won't bench in this app... I think it's a bug.. but.. at potentially $6 a day per 1080ti... that's more than nicehash!
Figures crossed I start seeing deposits into my paper wallet at anywhere close to this rate.