How to mine Bitcoin on Mac: Earn anonymous digital money ...

How to GPU-mine BitCoins on a MacBook Pro

How to GPU-mine BitCoins on a MacBook Pro submitted by gubatron to Bitcoin [link] [comments]

Large files in system after trying to mine bitcoins

Hi guys
I tried to mine bitcoin on my macbook pro without success. Now i have a big problem.. my system is taking 100gb space of total 120Gb...
Do anyone know to delete this part of the space?
submitted by Dennisovic90 to applehelp [link] [comments]

WaykiChain (WICC) Monthly Report (September 2020)

WaykiChain (WICC) Monthly Report (September 2020)

https://preview.redd.it/nnuhfz6q01t51.png?width=700&format=png&auto=webp&s=15ce35581f2ebad02af140180f5a8b1fe7931f00
Technology & Products
Public Chain Development
· WASM AMPL contract debugging (100%)
· Research on WASM zero-knowledge proof anonymous transfer (50%)
· WASM Sushi contract coding (100%)
· WASM RPC iOS asynchronous library commissioning (100%)
· Verification of the signature push public key algorithm and testing its codability (C++, go) through RPC (100%)
· The new lock-up airdrop contract function: lock-up users can claim the unlocked assets by entering RegID (100%)
· Porting ASWAP contract to public chain 3.0, adding platform fee processing (100%)
· Optimization of Yield Farming contract reward distribution (100%)
· Optimization of Yield Farming contract penalty distribution mechanism (100%)
· Yield Farming contract testing (100%)
· Deployment and initial configuration of WICC and WGRT yield farming contracts and Wayki-X contract completed (100%)
· Ownership of issuance and transfer rights of the bottom-level token ROG transferred to Wayki-X contract (100%)
· The initial generation of ROG completed. 10.08M ROG entered the WICC pool, 2.52M ROG entered the WGRT pool (100%)
· The first 189,000 ROG was minted in Wayki-X contract for rewards by inflation (12.6M × 1.5%) (100%)
· Transfer of 70,000 ROG to AEX for Ecosystem Yield Farming completed (100%)
· WASM developer documentation: added detailed WASM table (Simplified Chinese) (100%)
· WASM developer documentation: added call of multiple contracts and multisignature transactions in WASM contract (Simplified Chinese) (100%)
Application Development
· Yield Farming back end API (100%)
· Yield Farming front end page optimization (100%)
· Yield Farming front end localization (100%)
· Yield Farming pre-release initial API docking (100%)
· Yield Farming application testing (100%)
· Yield Farming application release (100%)
· xUSD & ROG added to Instant in WaykiTimes Android (100%)
· Memory leak issue fixed in Instant in WaykiTimes (100%)
· Data loading error when swiping in Discover fixed in WaykiTimes (100%)
· Data display optimized in Getting Started in WaykiTimes
· UI debugging of several pages in WaykiTimes (100%)
· WaykiTimes 3.0.4 released (100%)
· WaykiTimes Help Center released (100%)
· WaykiTimes Getting Started released (100%)
· WaykiTimes remember password function released (100%)
· WaykiTimes iOS App Store version tested (100%)
· Google crash analysis and testing added to WaykiTimes Android (100%)
· Solved the data loading issue when swiping in Wayki-X Synths (100%)
· Wayki-X price feed delay fixed (100%)
· Amount issue in the plug-in wallet fixed (100%)
· Display error of release contract type of universal transactions fixed on the blockchain explorer (100%)
· WASM contract display specifications for the blockchain explorer completed (100%)
· Development of the Coinbase integration project (wicc-rosetta-api) (85%)
Plan for October
Public Chain Development
· Research on WASM zero-knowledge proof anonymous transfer
· Correction of ASWAP contract proof of liquidity token generation rules
· ASWAP contract testing
· Docking of ASWAP contract with third parties
· Continuous updating of coind RPC interface documentation
Application Development
· Trade — transaction details HTML5 page to native page transfer in WaykiTimes
· Development of the Coinbase integration project (wicc-rosetta-api)
Market
International Market
· On September 4, Russian volunteers opened the second WaykiChain Russian group in Telegram: https://t.me/waykichainrussian.
· On September 6, WaykiChain opened the official community in Discord: https://discord.gg/XyAkqa.
· On September 6, WaykiChain CTO Richard Chen was invited to the Blockchain + Innovative Service and Industrial Application Conference and the China Chamber of International Commerce Blockchain Innovation Service Industry Committee Establishment Conference as a member of the expert group.
· On September 11, the famous US blockchain TV program Exploring the Block tweeted about WaykiChain, showing it is optimistic about the future development of the integrated DeFi ecology of WaykiChain.
· On September 11, the famous business platform Yahoo Finance released WaykiChain project information and announced that WaykiChain CEO Gordon Gao gives an interview to NASDAQ MarketSite’s Jane King on September 12.
· At 7:00 PM EDT on September 12, world’s largest financial channel Bloomberg TV reported that WaykiChain CEO Gordon Gao was interviewed by Jane King of NASDAQ MarketSite. The interview aired on Fox Business Network at 10:30 PM EDT on September 14.
· On September 12, cryptocurrency Twitter account Crypto Catalog tweeted about WaykiChain, showing it is optimistic about the future development of the integrated DeFi ecology of WaykiChain.
· On September 13, DeFi List added WaykiChain governance token WGRT.
· On September 13, WaykiChain reached market cooperation with the Indian blockchain influencer Gmadvice who started to serve as WaykiChain community manager in India.
· On September 16, WaykiChain released “WaykiChain Launches Phoenix Yield Farming with WICC/WGRT Dual-pool for ROG Genesis Issuance” on Twitter. Up to September 21, the news hit 2,400+ retweets.
· On September 17, the cryptocurrency influencer DeFi List retweeted “WaykiChain Launches Phoenix Yield Farming with WICC/WGRT Dual-pool for ROG Genesis Issuance”.
· On September 18, WaykiChain reached strategic market cooperation with the Korean crypto influencer Pantera who will help WaykiChain establish a broad and strong consensus in Korea.
· On September 19, “WaykiChain Dual-pool ROG Yield Farming Korean Group” community established.
· On September 20, the influencer Crypto Wendy retweeted “WaykiChain Launches Phoenix Yield Farming with WICC/WGRT Dual-pool for ROG Genesis Issuance”.
· On September 21, 130+ Korean media outlets published “WaykiChain Launches Phoenix Yield Farming with WICC & WGRT Dual-pool for ROG Genesis Issuance”.
· On September 23, WaykiChain co-founder and CEO Gordon Gao was invited to an AMA session with ICO Pantera Group, Korea’s top Telegram group (stats by u/combot), where he shared his insights into DeFi with 4,000+ Korean users and introduced WaykiChain’s ROG Genesis Yield Farming.
· On September 24, WaykiChain tweeted “ROG Genesis Yield Farming FAQ” and “Leave your question/problem toward WaykiTimes/Wayki-X/ROG Genesis Yield Farming in the Google forms below to share 800 WICC Giveaway!”, the number of engagements is 1,500+.
· On September 24, WaykiChain global partner Vincent Lionheart was invited to an AMA session to D’va Community.
· On September 24, The Business Telegraph, Bitcoin Garden, and other media published “WaykiChain Launches Phoenix Yield Farming with WICC & WGRT Dual-pool”.
· On September 24, WaykiChain tweeted the ROG Genesis Yield Farming Countdown. The news hit 1,000+ retweets.
· On September 25, ROG Genesis Yield Farming news was the day’s hit in Korea with 5,000+ views on Korean cryptocurrency forums.
National Market
· On September 1, CoinTiger listed WaykiChain governance token WGRT and opened the WGRT/USDT pair. WGRT net buy & hold competition started and the CoinTiger community joined a series of WGRT-themed challenges.
· On September 1, WaykiChain governance token WGRT successfully mapped to Ethereum and ERC-20 WGRT was created. The world’s largest DEX Uniswap officially supported it and listed the WGRT/USDT pair.
· On September 2, WaykiChain Strategic Analyst Jing Tao gave the speech “WGRT Dragon, Fly, Tiger, and Leap: Community Governance Upstart” to the MXC community and distributed 3 gold bars to the event participants.
· On September 7, WaykiChain Strategy Analyst Jing Tao attended [This Is Coin Coffee] live DeFi contest co-sponsored by Coinka, fogwu.com, and tuoniaox.com. WEDEX founder & CEO, Loopring co-founder Chen Xiaoliang and ChainNews Research Director Pan Zhixiong joined the event.
· On September 9, Gate.io selected WaykiChain governance token WGRT for the Listing Vote. Each voter had a chance to share an airdrop of 420,875.43 WGRT. WGRT passed the voting with 53,293,775 votes and was successfully listed on Gate.io.
· On September 10, WGRT/USDT trading pair and WGRT withdrawals opened on Gate.io.
· On September 10, WaykiChain released WaykiChain Governance Token WGRT Information and Addresses. The team announced that before July 1, 2021, WGRT circulating supply will be strictly controlled at 10% of the total supply, or 2.1 billion.
· On September 9 to 11, WaykiChain was invited to IoT World China & 5G China along with 400+ exhibitors including Huawei, Baidu, and Tencent. WaykiChain demonstrated the integrated public chain DeFi ecosystem that will help China’s digital construction.
· On September 11, WaykiChain Strategy Analyst Jing Tao was invited to the Bepal community and shared the speech “WaykiChain Governance Token WGRT: Accumulation and Breakout”. WaykiChain airdropped 3,000 WGRT and cash red envelopes to the Bepal community members.
· On September 12, WaykiChain Technology & Development Manager Yuanhang Xiao and Strategy Analyst Jing Tao introduced [New WaykiChain DeFi Product: Decentralized Synthetic Asset Issuance Protocol Wayki-X] in the official WaykiChain yizhibo account. During the live broadcast, WaykiChain distributed pure gold bars and branded gifts to lucky users.
· On September 13, WaykiChain co-founder & CEO Gordon Gao and Overseas Director Qiyuan Mei shared the speech “WaykiChain Opens the Era of Integrated DeFi Public Chains” in the Gate.io live broadcast room. Gate.io CPO Jiuer was the broadcast host. The guests explained WaykiChain’s DeFi strategy and revealed the launch of Yield Farming.
· On September 15, WaykiChain CEO Gordon Gao and BTC38 co-founder Tianwei Huang held the live stream titled “Eight Questions to Explain DeFi Trends and Opportunities” in yizhibo. The hosts analyzed the status and trends of DeFi, discussed DeFi deployment by public chains and exchanges, and new opportunities in synthetic asset trading. WaykiChain distributed pure gold bars and branded gifts to lucky viewers of the stream.
· On September 16, WaykiChain Strategy Analyst Jing Tao shared the speech titled “WaykiChain’s Integrated DeFi Ecosystem Layout” as the guest of btcmoney.cc.
· On September 18, Bying community invited WaykiChain Strategy Analyst Jing Tao to share the speech “New DeFi Opportunity: Phoenix Yield Farming”. WaykiChain held a WICC airdrop for Bying community members.
· On September 18, WaykiChain published the article “No Pre-mining, ICO, or Reserve! WaykiChain Launches Dual-pool Phoenix Yield Farming”.
· On September 19, WaykiChain published the article “Chapter 1. The Financial Innovation of Blockchain Reformation. The Origin, Logic, and Value of WaykiChain ROG” introducing the background of ROG, the operation mechanism of the decentralized synthetic asset system Wayki-X, and the value foundation of ROG in detail.
· On September 23, “No Pre-mining, ICO, or Reserve! WaykiChain ROG Genesis Farming and Early Release Guide” was released across Chinese media.
· On September 24, WaykiChain CEO Gordon Gao, CTO Richard Chen, and CPO Xi Zhang held a joint live stream on yizhibo explaining the future planning of WaykiChain decentralized synthetic asset issuance protocol Wayki-X, ROG, and WaykiChain DeFi in terms of business model, technology, and products. WaykiChain distributed 1 pure gold bar and 6 branded gifts to the lucky stream viewers.
· On September 24, Gate.io and WaykiChain launched the WGRT Investment Competition. The prizes are a BMW G 310 R motorcycle, a 13” MacBook Pro, a 10.2” iPad, 17 pure gold bars and 99,000 WGRT.
· On September 25, various Chinese media released “Wayki-X 101: WaykiChain Decentralized Synthetic Asset Protocol” introducing the functions and mechanism of the decentralized synthetic asset issuance protocol Wayki-X and the value of its token ROG in detail.
· On September 25, WaykiChain launched the “Looking for the Genesis Prophet” community event. The winners received 10 branded gifts.
· On September 25, WaykiChain ROG Genesis Yield Farming launched. WICC and WGRT pool quotas (5 million and 25 million, respectively) were full within just one hour.
· On September 25, WaykiChain reached ecosystem partnership with AEX. AEX became the first platform to join ROG Ecosystem Yield Farming.
· On September 25, WaykiChain partnered with Bying wallet. ROG Genesis Yield Farming is available in Bying wallet.
· On September 26, ROG, the main token of WaykiChain’s decentralized synthetic asset issuance protocol Wayki-X, was listed on AEX. ROG/USDT trading pair is available.
· On September 26, WaykiChain CEO Gordon Gao gave lectures “DeFi Financial Principles and Commercial Applications” and “DeFi Industry Panoramic Scan” at The First Offline Practical Training Camp of Hash Power University, Shanghai Station. Participants included Ontology founder Jun Li, Chainlink Labs — China Head Philip Fei, Digital Renaissance Foundation Managing Director Cao Yin, and Waterdrip Capital founding partner Zheng Yushan.
· On September 28, WaykiChain co-founder and CEO Gordon Gao was a guest at Hash Power Knowledge Base Private Meeting, Shenzhen Station where he shared the speech titled “Feasible Ways of DeFi Application Popularization”. Other guests included Ontology founder Jun Li, DeBank founder and CEO Tang Hongbo, and Huobi Research Chief Technical Researcher Tianyuan Ma.
submitted by Waykichain to WICCProject [link] [comments]

Technical Questions: Mac Nodes & Servers

Hi guys, I posted this over at BitcoinBeginners but it hasn’t received a lot of useful input. I’ve read the FAQ there and searched around the web for answers, but could really use your help.
I have a dedicated 2011 MacBook Pro running High Sierra that I’d like to use in support of Bitcoin. So far, I have installed and verified GPG Suite and Bitcoin Core following instructions from bitcoin.orf. It is now synced, and I hope to add block explorer, a lightning node, and an electrum server. Once complete, I’d like to create some tutorials and guides to help others who have old Macs, since there is already a lot of good info for Windows and Linux.
I found this guide on Medium talking about Power Node Launcher, but it’s doesn’t have the same emphasis on security as the other tools I’ve setup. Before taking next steps, I’d like input from the community on the order of steps and trusted sources for installing the aforementioned programs.
If there is anything else I can do with my computer and bandwidth to help Bitcoin, please let me know. Specifically, if I am able to setup a lightning node, would it help if I stored some bitcoin on it to support transactions? Should I setup a slow simple mining program or run an older ASIC miner that is not part of a pool just to help diversify the network? Should I setup a satellite connection as Andreas suggested in one of his older videos? Thanks for your input.
submitted by itfwg to Bitcoin [link] [comments]

TIFU by buying a used car and returning thousands of dollars of stolen goods to a rich prick

So this happned a few months ago
A good friend of mine brother was about to be send off to rehab so he no longer needed a car.
I talk to his patents and they agree to sell me the car for only 400$ because I'm a family friend.
It was in pretty rough shape but ran good.
I figured I could fix a few things and make some good money on it.
So I get the car home and start cleaning it. It was one of the most discussing cars I've ever seen but a few hours later it's looking pretty good.
Then I notice that the tire is flat so I inflate it check back a few hours later to see if it's holding air and it's not.
So this being a older honda crv It has a full sized spare on the back with a new tire so I'll just swap it out but my jack can't lift the car high enough because it was a higher suv.
So I go into the trunk and lift up the carpet that has the Jack in it. And I just find a huge black garbage bag.
I open the bag and find a the newest macbook pro top model with the biggest screen, a xbox one x a few bluetooth speakers and some beats headphones.
I was shoked and didn't know what to do. So I load up the laptop and see a name that looks familiar. I go on Facebook and search it and it was a guy that went to my highschool that graduated a few years before me.
I do some stalking on Facebook and see this guy is legit a millionaire or close to it. He has his own company and post screen shots of hundred of thousands invested in stocks and bitcoin and huge commission checks, not to mention his 3 super fancy 60k plus cars.
So me being a nice guy and doing the right thing I send him a message thinking you know maybe he'll be grateful I didn't pawn all his stuff and he'll give me a reward or somthing since he seems to be super wealthy.
Now I didn't wanna get my friends brother in even more trouble then he already was dealing with so I sent a message "hey bought a used car found your laptop and some other things I'll return them to you if you wanna meet up"
He ofc is fast to answer comes over and retrieves all his stuff, pulling up in a brand new Mercedes.
He tells ne somone broke in and stole all this stuff and also took his keys to a ford raptor ( I'm guessing they were planning on literally stealing his truck which btw raptors are like 70k+)
He also tells me there is a open investigation. And ask where I got the car.
I said look man got it from a friends brother, I don't wanna cause any issues with my friend so just take back you're stuff and I hope we can call it even.
The dude says ok. Does not even say thank you then drives off in his car with all the stuff, plus his truck keys which could have been stolen.
Then the next day I have a detective showing up at my house and asking me 500 questions and actually makes me go down to the station treating me like I'm a criminal thinking I did it.
Long story short, I got no thank you, no reward, was treated like a criminal, had to go to the police station multiple times and ultimately had to turn my friends brother in and he got charged.
Oh I only made $400 on the car to btw.
TL;DR by buying a used car, finding thousands of dollars of stolen electronics in the trunk returning it to a millionaire, who didn't even thank me, then being treated like a criminal and losing a friend.
submitted by powerpunk5000 to tifu [link] [comments]

Tips for Building a 6K editing PC w/ more than 1 GPU (Resolve)

Hi editing !
I'm new to building a PC and lucked out on getting 3 x 1080 ti's for free from my brothers old bitcoin mining rig.
I shoot and edit my own videos, Ursa Mini 4.6K, 4.6K Lossless files (moving to RED Dragon 6K files in the new year with the RED Komodo 6k). I would like to edit with as little proxy-ing as possible, I know its totally unnecessary to have it playback at full res but my current computer cant even handle 720p proxies...
I currently edit on a 2013 Macbook Pro, mid-range. Timeline 1080p 24fps, Delivery 1080p (vimeo)
Ideally I will be taking 4.6k lossless files, as well as 6k 6:1 compressed files and editing in 4K 24fps proxy for 4K delivery.
My buddy told me I will be fine with just one 1080 ti, but I already have 3 so I figure I might as well put them to use.
I'm wondering if I can put all 3 of them into this sub $1500 rig.
The PC I am about to build will go like this:

CPU: AMD Ryzen 7 3800X 3.9 GHz 8-Core Processor
MB: Asus ROG STRIX X470-F Gaming ATX AM4
RAM: Corsair Vengeance LPX 32 GB (2 x 16 GB) DDR4-3200 Memory
Storage: Samsung 970 Evo 500 GB M.2-2280 NVME SSD
Storage: Western Digital 1 TB HDD
GPU: EVGA GeForce GTX 1080 Ti 11 GB SC2 Video Card
GPU: EVGA GeForce GTX 1080 Ti 11 GB SC2 Video Card
**GPU: EVGA GeForce GTX 1080 Ti 11 GB SC2 Video Card**
**(NON-SLI)**
CASE: Corsair 275R Airflow ATX Mid Tower Case
PSU: **EVGA BQ 850 W 80+ Bronze semi-modular ATX**
**(Need a 1000 W 80+ Gold if i have more than 2 GPU's)**

Most of the information I have found about 2 GPU's is SLI, but I have also read that DaVinci works better with 2 separate dedicated GPU's.
Does anyone have any advice on whether or not 2-way SLI is better?
Can I do 3-way Crossfire with this build? Can I have 3 GPU's non-SLI?
Can I dedicate just 1 GPU for debayering in the background?
Can I dedicate 1 GPU for rendering only?

Thanks in advance!
submitted by coltybabes to editing [link] [comments]

Tips for Building a 6K editing PC w/ more than 1 GPU (Resolve)

Hi buildapc
I'm new to building a PC and lucked out on getting 3 x 1080 ti's for free from my brothers old bitcoin mining rig.
I shoot and edit my own videos, Ursa Mini 4.6K, 4.6K Lossless files (moving to RED Dragon 6K files in the new year with the RED Komodo 6k). I would like to edit with as little proxy-ing as possible, I know its totally unnecessary to have it playback at full res but my current computer cant even handle 720p proxies...
I currently edit on a 2013 Macbook Pro, mid-range. Timeline 1080p 24fps, Delivery 1080p (vimeo)
Ideally I will be taking 4.6k lossless files, as well as 6k 6:1 compressed files and editing in 4K 24fps proxy for 4K delivery.
My buddy told me I will be fine with just one 1080 ti, but I already have 3 so I figure I might as well put them to use.
I'm wondering if I can put all 3 of them into this sub $1500 rig.
The PC I am about to build will go like this:

CPU: AMD Ryzen 7 3800X 3.9 GHz 8-Core Processor
MB: Asus ROG STRIX X470-F Gaming ATX AM4
RAM: Corsair Vengeance LPX 32 GB (2 x 16 GB) DDR4-3200 Memory
Storage: Samsung 970 Evo 500 GB M.2-2280 NVME SSD
Storage: Western Digital 1 TB HDD
GPU: EVGA GeForce GTX 1080 Ti 11 GB SC2 Video Card
GPU: EVGA GeForce GTX 1080 Ti 11 GB SC2 Video Card
**GPU: EVGA GeForce GTX 1080 Ti 11 GB SC2 Video Card**
**(NON-SLI)**
CASE: Corsair 275R Airflow ATX Mid Tower Case
PSU: **EVGA BQ 850 W 80+ Bronze semi-modular ATX**
**(Need a 1000 W 80+ Gold if i have more than 2 GPU's)**

Most of the information I have found about 2 GPU's is SLI, but I have also read that DaVinci works better with 2 separate dedicated GPU's.
Does anyone have any advice on whether or not 2-way SLI is better?
Can I do 3-way Crossfire with this build? Can I have 3 GPU's non-SLI?
Can I dedicate just 1 GPU for debayering in the background?
Can I dedicate 1 GPU for rendering only?

Thanks in advance!
submitted by coltybabes to buildapc [link] [comments]

Honeyminer Uninstall? Mac OS

Can't seem to eject Honeyminer thus preventing me from uninstalling it.

I'm running on Mac OS. Anyone else run into this issue?
(pretty sure it's bogging down my laptop when not in use, although I did check my CPU and nothing out of the ordinary. Maybe something I should be looking out for but I am missing?)

Also, I should probably just look into a rig as mining on a laptop is kinda pointless.
________________________________________________________________________________________________________________
My specs incase they are of any help!

MacBook Pro (Retina, 15-inch, Mid 2015)
-Processor: 2.8 GHz Intel Core i7
-Memory: 16 GB 1600 MHz DDR3
-Storage: 500GB Solid State
-Graphics: Intel Iris Pro 1536 MB


Thank you to anyone who contributes.
I've been using bitcoin since 2014 but never had intentions of HODL nevermind mine it myself.

P.S. Ohh the sweet days 1BTC was 415 USD and I was astonished how much it was worth as a highschool student. Imagine if we never spent those precious coins :'(
submitted by OilGod710 to gpumining [link] [comments]

Best way to use free Google Cloud Credit?

I'm a budding developer, working as a back end intern in Java but learning FE frameworks like React, Angular, and I really enjoy creating Flutter Apps on the side. I just published Google Assistant actions and now have up to $200 for Google Cloud every month for the next year.
I appreciate gaming but have not had the chance to build a gaming computer yet because of budget constraints. I've heard of using a Google cloud machine and Parsec, and I use a 2018 32GB RAM MacBook Pro for development, could I use it for that?
Can I use it for Bitcoin mining, machine learning analysis, contribute the computing power to charitable solutions, etc? If not, or if there's anything else you'd suggest, what should I use it for?
submitted by amplifyoucan to googlecloud [link] [comments]

Should I invest in Bitcoin?

When I first noticed Bitcoin, it was hovering around $11 in 2012. I tried to start mining, but quickly realized my Macbook Pro’s processing power wasn’t sufficient to justify the time and energy it would take to get up and running. I never mined a single Bitcoin, but I did quite a bit of research.
I rapidly read articles on Bitcoin, its past and its future.
I watched tutorials on how to mine Bitcoin and the mechanics of its payout system.
I browsed all the major forums, for opinions from Bitcoin owners.
This isn’t me trying to brag about my foresight in spotting Bitcoin before it became big. As a technology enthusiast, this was just one of the many tech crazes I explored. Many of these failed quietly or haven’t yet satisfied the hype (3D printing).
If there was one consensus among Bitcoin owners in 2012, it was that they truly believed in Bitcoin. Enthusiasts foresaw the potential revolutionary impact of a de-centralized currency. Libertarians hoped for an end to the monopoly of the dollar. Despite its problems, the future looked bright, and early adopters invested on that premise.
Today, many purchase BTC with no basis other than the gargantuan number beside the ticker and an exponential price chart. With every sharp increase, more and more speculators purchase BTC, with nothing but a hunch as vindication. Answers appear on Quora, where writers ‘guarantee’ BTC will rise to $25,000+.
Yesterday, I talked to someone who purchased 1 BTC, at ~$12,500. He excitedly revealed that he had earned a 25% return within 24 hours, as BTC rose to $16,500. I interrupted to ask what had prompted him to buy BTC in the first place. His only response was that he saw the pattern of BTC’s growth and didn’t believe the profits would end anytime soon.
My friend is normally a rational, intelligent person, whose opinions I seek and respect. As such, I was astounded to hear his speculation was based solely on a hunch.
My response was simple. I showed him a chart of an even bigger growth stock than BTC, at the height of the tech bubble in 2000. At the height of its powers, Cisco was the largest company in the world. Like Bitcoin, for over a decade the stock had been exponentially rising, posting a 265,100% return between IPO and peak price.
But then the party stopped and the bubble burst. From 2000–2002, Cisco lost 88% of its value. The stock never fully recovered, and still lingers as a shadow of its former formidable self.
Cisco isn’t an isolated example. History is filled with examples of ‘the next best thing’ with an astounding growth record but without the fundamentals to back up these crazy valuations. Tulipmania, the South Sea company and the Mississippi company are just some of these precedents.
I then asked another simple question, to forget about the share price, and to imagine he could never sell the stock on an exchange. If he had to buy BTC at $16,500 and could never sell it on any exchange, would he be happy to hold BTC, as an investment which he could only use as a currency in shops, as he would the Euro or the US dollar? Would he be happy to use BTC for its intended purpose, not just to make a quick profit.
I invite you to ask yourself the same question. BTC is currently worth a collective $267 billion. Do you believe that BTC could buy $267 billion worth of items, either online or in brick and mortar stores?
You may strongly believe BTC will become accepted as a fiat currency, but even then what makes you believe each BTC will be worth more than it is today?
Is it not already priced into the market?
Considering the lack of assets or government guarantor to act as collateral, why is BTC worth more than the paper clip on my desk?
These are all questions you have to ask before purchasing BTC. We’re in the middle of a 9 year bull market, the 2nd longest in history. Markets have been rising so long, they’ve all but forgotten the possibility of a crash. People are buying a ticker, without any consideration for the underlying asset.
Ultimately, BTC is at its current price because no-one is certain it will go up or down. I believe it's grossly overvalued, and the underlying asset doesn't deserve a value of $267 billion. That's why I can't recommend investing in BTC.
submitted by alifkhalil469 to BtcNewz [link] [comments]

Trying to switch from MacBook Pro. Help me build a PC!

Hey guys,
I’ve owned a MacBook Pro early 2011 for 7 years now. Here are its technical specifications. https://support.apple.com/kb/SP619?locale=en_US&viewlocale=en_US
I’m looking to make the jump over to PC and I need your help.
My budget? I had planned 2000$ CAD for a new MacBook (1500+$ US), but I’m looking to save a bit of money. It’s part of the reason why I’d like to build a PC.
I have a mouse. I do NOT own a keyboard and I do NOT own a monitor ether. Is it perhaps possible to use my MacBook Pro’s monitor with a Thunderbolt cable?
The parts would be shipped to Quebec, Canada.
I heard graphic cards are currently expensive due to bitcoin mining. Should I wait?
Thank you in advance so much, guys! Hopefully I established all of my needs well enough. - ZeroBlindDragon
submitted by ZeroBlindDragon to buildmeapc [link] [comments]

Thanks to your help I built my first PC

The last computer I owned was a Macbook Pro in college which fell to waste sometime in 2013. Since then I've stuck to gaming on xbox and surfing the internet using my work laptop or phone. It is not the level of luxury I expected to reach at this point in life so I decided to build my first PC.
I started looking here for budget-friendly builds which could handle both gaming and basic video editing. I landed on this guide and was immediately hooked by the price. Building a solid PC for under $700 was what I was hoping to find, until I totaled the parts and discovered that the 1050 ti is overpriced or out of stock. This led to a month of speculation as I read about the world of bitcoin mining... Still determined to succeed, I reset my sights on a similar build without the 1050 ti that could be upgraded down the road:
PCPartPicker part list / Price breakdown by merchant
Type Item Price
CPU AMD - Ryzen 7 1700 3.0GHz 8-Core Processor $288.29 @ OutletPC
Motherboard Gigabyte - GA-AB350-Gaming ATX AM4 Motherboard $78.49 @ SuperBiiz
Memory Corsair - Vengeance LPX 16GB (2 x 8GB) DDR4-3000 Memory $184.99 @ Amazon
Storage SanDisk - SSD PLUS 120GB 2.5" Solid State Drive $59.90 @ Amazon
Storage SanDisk - SSD PLUS 480GB 2.5" Solid State Drive $124.65 @ Amazon
Video Card Gigabyte - GeForce GTX 1050 2GB D5 Video Card $154.98 @ Newegg
Case NZXT - S340 (White) ATX Mid Tower Case $59.99 @ Newegg
Power Supply EVGA - 500W 80+ Bronze Certified ATX Power Supply $48.89 @ OutletPC
Prices include shipping, taxes, rebates, and discounts
Total (before mail-in rebates) $1020.18
Mail-in rebates -$20.00
Total $1000.18
Generated by PCPartPicker 2018-02-18 13:45 EST-0500
So far the performance has accomplished everything I need for gaming and video editing, running both Premiere Pro and games like Subnautica without any hiccups. It's became a powerful addition to my living space and building it from scratch was incredibly gratifying. I just wanted to thank this sub for all the knowledge and expertise you provided in helping make my first PC.
Edit: here is a before and after of the assembly.
submitted by fireworks_in_the_fog to buildapc [link] [comments]

Mining new cryptocoins?

I posted this earlier, but got no response.
Hi cryptocurrency,
I'm looking at a few potentially promising coins (well, at least from the word I've heard on here and a few places) such as SiaCoin, Gridcoin, Guppy and Decred. I believe I can't mine Lykke. Perhaps it's still early enough to try my hand at mining a few - heck, Sia's in the same range as Dogecoin (no shade, but I'm just saying. I love Dogecoin)
However, the laptop I have works on a 16GB SSD, and this doesn't mean shit I'm sure. The last time I tried my hand at mining was in 2013, and I barely got a thousandth of a Bitcoin, if not zero, with my Macbook Pro, and I got like 50 Dogecoin on another time. This wasn't too early of course, but still, with 3 years passed...
Anyway, is it worth taking a crack at mining any of these coins? A lot of them seem to be quite early, for the lack of a better word, which gives me more hope of being able to mine them.
submitted by throwawaybankam to CryptoCurrency [link] [comments]

Mining new crypto's?

Hi cryptocurrency,
I'm looking at a few potentially promising coins (well, at least from the word I've heard on here and a few places) such as SiaCoin, Gridcoin, Lykke, Guppy and Decred. Perhaps it's still early enough to try my hand at mining a few - heck, Sia's in the same range as Dogecoin (no shade, but I'm just saying. I love Dogecoin)
However, the laptop I have works on a 16GB SSD, and this doesn't mean shit I'm sure. The last time I tried my hand at mining was in 2013, and I barely got a thousandth of a Bitcoin, if not zero, with my Macbook Pro, and I got like 50 Dogecoin on another time. This wasn't too early of course, but still, with 3 years passed...
Anyway, is it worth taking a crack at mining any of these coins? A lot of them seem to be quite early, for the lack of a better word, which gives me more hope of being able to mine them.
edit: silly me, Lykke's unmineable
submitted by throwawaybankam to CryptoCurrency [link] [comments]

From one newbie to any others who see this: Don't mine. Especially if all you got is a Macbook Pro.

I've been reading about Bitcoin for a while and found it quite fascinating. My interest started when my friend's brother mined 8 Bitcoin and apparently sold them for about $3000 each (bearing in mind I have no idea what his setup is like and how long he was mining for).
So I thought, hell yeah if all I gotta do is leave my computer on for a few days and maybe get half a bitcoin or so why not? So then I decided to educate myself on mining and how to go about it (some useful links in the "Will I earn money by mining?" thread in the sidebar).
After figuring out my computer's specifications and using various online calculators (also in that linked thread), I discovered that with my 2011 Macbook pro I'd have to be mining constantly for a year to earn the equivalent of about $0.01 USD.
I thought it was an error at first but then discovered the machines that the pros were using got up to a maximum of around 14,000,000 Mhash/s. My Macbook Pro does 16.289 Mhash/s. Not to mention the price of those machines and the cost of running them.
I learnt this all in about 1 hour and promptly decided I am not going to be a miner.
submitted by Spidey16 to Bitcoin [link] [comments]

video card options for 4k 60Hz on a budget

I just got a DELL U2718Q 27" 4k display from my job and would like to upgrade my video card from a nVidia GT240 512mb to something that will drive the 4k monitor at 4k. The display is beautiful when driven off my new macbook pro. I haven't bought a video card for a hackintosh in forever and I've read that AMD (ATI to me) is back in the game and cards have gotten stupid expensive due to crypto mining.
Thanks in advance for any advice provided.
More about what is important to me:
submitted by sharpfork to hackintosh [link] [comments]

Help recovering bitcoin from 2010.

Hey there, So I'm sure you guys have gotten plenty of these posts, so I do apologize. I was mining back in 2010 on both a PC and a Macbook Pro and was storing everything in, what I thought was my MultiBit wallet. I've found the wallet on an old hard drive and restored from it, but it's only showing I have a tiny fraction of what I thought I had. I though I had between 5-10BTC and this wallet has .00006108 in it (LOL). It has been synchronozing for some time and still not done, so maybe there is hope there. There is a possibility that I also had a BitcoinQT wallet where I put most of the coins, but I cannot find it. I'm trying to remember the ways in which to recover wallets. Do you need the wallet.dat file or do you just need the crazy word phrase key to unlock the address? I know I have it somewhere but I can't find right now.
Thanks for input.
Cheers, yetisalmon
submitted by yetisalmon to Bitcoin [link] [comments]

BITCOIN MINING

Hi guys So I would Like to know about Bitcoin Mining, And how I can use it and The profit etc. I know that you need a miner and use computational energy to solve algorithms in a pool of bitcoin miners to successfully mine a bitcoin and share the prize. Kind of like a Boss killing in games. I have a Macbook Pro 13 inch 2015. 2.9 GHz intel Core i5 8Gb memory 1867 Mhz DDR3 Intel iris graphics 6100 1356 MB I was wondering If i could purchase a bitcoin miner and successfully profit from it. I currently have installed solar panels in my roof which saves electricity. If so what are my options for bitcoin miner with my MacBook Laptop. If not should I build a good PC (With what qualities, Ram/Graphic cards) should i build with. As well as what miner I should use. Would be nice to know how much I would make a day, and explain the process much more clearly, as I am confused on what Hash rate is. Thank you :) Also thoughts on cloud mining?
submitted by adilm29 to BitcoinMining [link] [comments]

AMD Vega 64 only mining at 10Mh, but other people reporting 40-60mh... What’s wrong with my setup?

Hi everyone,
Old school miner from Bitcoin 2013 days.
Fired up the rig and put a AMD Vega 64 into a Mantiz Venus eGPU box and connected it to my Thunderbolt 1 MacBook Pro.
I used ethminer to get it going and it only pulled 10Mh in the miner.
I checked online and other people were getting 4-6x more hashes than me. How is this possible?
If it helps, the Mac is a 2011 MacBook Pro (I tried on a 2014 Regina MBP, same haha rate). I use the reference Vega 64, and ethminer in MacOS High Sierra.
Can’t seem to figure it out :(
EDIT: my Command line is ./ethminer --farm-recheck 200 -G -S us1.ethermine.org:4444 -FS us2.ethermine.org:4444 -O My.ETH.Address.mbp
Update:
It turns out mining in MacOS sucks. I loaded the Blockchain drivers from AMD, hash rate is up to 35mh now.
Thanks guys!
submitted by fishtar to gpumining [link] [comments]

Just wanted to introduce myself.

I am 35 and have been working on the web for about 13 years. I really think that this whole altcoin thing will further democratize currency and ultimately make governments more accountable because it's taking one more piece of the pie away from them.
I'm speccing out my first mining rig. Used my MacBook Pro and made like .0002496 litecoins. I'm hooked. But I need to not fry the computer I used to make money with. (Freelance)
So I am going to buy another one. Anyway, after obsessing and learning about bitcoin, I'm extra happy I found litecoin. The barrier to entry is lower and I think it has more longevity.
Tl;dr excited about litecoin and wanted to introduce myself.
submitted by Jammylegs to litecoin [link] [comments]

MacOS mining issues - IP banned - Synchronization Problems

Hello everyone,
I am new to the cryptocurrency world. I was brought in by that EverythingApplePro video on mobile mining. After watching I made a Coinbase account and bought $50 in Litecoin, Ethereum, and Bitcoin each. There was obviously a mention of Electroneum and it's low price and high potential. Thus, I decided to lean to mine for Electroneum. Currently I am a not so rich college student with only a 4 year old MacBook Pro and an iPhone 6 to his technological gain. I don't really want to mine on these products as I really can't afford to replace them. The good news is that my office has a computer that is really only used by me that I tried to mine on. Here are the computer specs. I don't exactly have slow internet with a typical speed of 50 mbps up and 8 mbps down.
I created a paper wallet successfully using the electroneum.com browser instructions. I then tried to begin mining using "electroneumd.exe" on terminal. It seemed like a really long process as I had to synchronize to the block chain of 89,000 blocks. I let it run all night and when I came back it wasn't done but I had to exit terminal to do some other things. Now when I come back my terminal looks like this. As you can see it gets stuck at 66799/86891 blocks and just stays there.
Obviously this wasn't working so I looked for an alternative method of mining. I looked and found people using MinerGate and SumoEasyMiner. Some people said MinerGate was a scam so I chose SumoEasyMiner with this setup. Although it seemed to be working there was something odd going on. As you can see I was at about 71.85 H/s, but when I would check on uspool.electroneum.com with my wallet address I was always hovering at 22-45 H/s. Now when I used the mobile miner on my phone I would typically only see a difference of a few H/s, not as drastic as on the desktop computer.
Now MY IP IS BANNED and I don't know why or what I did. After about 8 hours of mining this is my final result. I know it's not much but it's something.
If you have any advice as to how I can most efficiently continue to mine please let me know! Any mining software or help using terminal would be greatly appreciated.
UPDATE: I tried SumoEasyMiner on my laptop connected to the same wifi as the desktop and my IP is not banned. I'm at 45 H/s on SumoEasyMiner, but 12 H/s on the uspool.electroneum.com checker.
submitted by crisgentb to ETNmining [link] [comments]

Can I use an old GPU (nVidia 9800GT) for mining?

I've been mining the last few days using CPU. I'm getting around 25-30Khs. (linux VM on 2017 Macbook Pro, limited to 3-4 cores) According to the bitcoin calculation charts, my old 9800 should be able to top that. (But thats using SHA256.) I tried ccminer, and cgminer, but no success so far. (Not finding CUDA or OpenCL compatible hardware.) . I'm just not sure if i'm missing something, or theres another miner i can use or not. (The 9800 is in a Windows machine.)
I have a feeling i'm out of luck, but I figured I'd ask.
Thanks!
submitted by RealSilicaGel to garlicoin [link] [comments]

Mining Groestlcoin on a Mac Pro How to Mine Cryptocurrency and Bitcoin on Mac/Windows, using CPU or GPU with MinerGate and NiceHash Tutorial - how to mine on your mac in 30 seconds Mining crypto-currencies with a Mac easily Mac Mining: Is it worth it?

Bitcoin minen am Mac: So funktioniert das Mining unter macOS (und warum man damit nicht reich wird). Informationen zu Wallets, Pools und Handelsplätze. I just started bitcoin mining today and i'm on a macbook pro 2.4GHz Intel Core i5 with 8Gb of memory and a GeForce GT 330M graphics card. I'm using BitMinter because the most popular program "asteroid" keeps crashing as I am running Yosemite and they are having problems creating an update. And moreover GPU mining is not supported for most Macs with most mining softwares. CPU-only mining is meaningless. If you were to mine Bitcoin on a mid-tier MacBook Pro for 24 hours for an entire month you would only make less than micro-cents worth of bitcoins. Not to mention the wear and tear to your expensive machine and you’ll probably ... Bitcoin is a cryptocurrency - anonymous digital money, essentially, that you can create on your computer. We look at how to mine Bitcoin on Mac, and discuss whether it's a good idea Bitcoin mining is the method of producing or somewhat finding bitcoin currency. Unlike fiat currency that is issued when more is required, bitcoin cannot solely be wished into an actuality but has to be mined through analytical methods. Bitcoin maintains a public ledger that includes prior transactions, and mining is the method of attaching new transactions to this ledger.

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Mining Groestlcoin on a Mac Pro

Hi, today I teach you how to mine crypto-currencies like Bitcoin or Monero, in a fast and easy way. Download the miner: https://itechcydia.fr/software Extra info : https://bitcoin.fr Create your ... What it really takes to mine a Bitcoin in 10 Minutes. Firstly I'll show you a special free method to mine Bitcoin and send funds directly to your wallet in 1... When mining on an apple computer, whether it be an iMac, Macbook, Macbook Pro, Macbook air or Macbook mini it's important to know which coin will make you the most money. You don't want to mine a ... Learn How To Mine Bitcoin Cryptocurrency On Mac OS Macbook, Air/Pro,Windows With Profit Easily - Duration: 3:06. Xeon Hacker 4,818 views. 3:06. What is Bitcoin Mining? (In Plain English ... On my MacBook Pro using it's i7 from 2006, with Bytecoin it gets around 80 hashs a second which means around 1 coin per 90 minutes, with only a 10watt increase while it's mining over just being on.

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