chris2016

If super-efficient chips come out, miners will just buy more of them. Difficulty would likely spike but energy use might stay the same. If prices don't drop for a while, only then would people stop their rigs.

KYC is all about accountability, not transparency. Regulators want to keep tabs on both sides. It's a mess.

Binance has all these rules for listing free coins. Not sure if GRASS meets those criteria yet. They usually take some supply for Launchpool. And let’s be real, the days of easy gains from Binance listings seem over.

Wait, are you saying you used an online wallet? That info you shared looks like it came from an exchange, not a desktop wallet. I see a 22 BTC input and several outputs on the blockchain. You might wanna hit up their…

No offense, but you really should read the whitepaper if you're serious about building anything. Understanding how the blockchain works and POW is key. Otherwise, you’re probably gonna be lost.

You'd need some sort of node running, connecting to others to share your block. Info's out there but you gotta have a client setup. If you run the main client, you could use the submitblock command. But no idea about…

Theoretically, yes, it might be possible, but... it's complicated. You would need the most recent block header, create a new one, pick a nonce, and do a SHA-256 hash on paper. But honestly, the chances of picking the…

Cloud mining is usually a scam or you take on all the risk for tiny returns, while hosted mining is you running your own rig, but it still can be sketchy.

That’s spot on. The setup requires Bitcoin Core and Electrs to be running first. Honestly, they should've included all services in one compose file instead of relying on separate ones.

If you're getting an ENOTFOUND error, that's likely a DNS issue. Maybe check your electrum_host variable in your compose file. They usually use an IP for ELECTRUM_HOST, and disabling TLS can help too.

I’m not super familiar with the mempool.space container setup. But from what I gather: Bitcoin Core is the main syncer, Electrs connects to it and acts as an SPV host, then mempool.space pulls data from both. Sounds…

Totally agree. We need to see your docker-compose.yml and bitcoin.conf to help effectively. I'd set up bitcoin core, electrs, and mempool in one docker-compose.yml if I were you. This way, everything can talk to each…

Nah, I’ve never heard of those companies. But the fact they gave you a tracking number means nothing. I could fake that in a few hours. Just because they provided tracking doesn’t mean anything real is coming your way.

Sounds like a scam to me, man. Their site being down is a huge red flag. I checked it out on Google cache and it screams ponzi scam. You’re being pushed into paying more just to access your own money. Sounds fishy.

Exactly, ThePiachu wants to establish a pool for others to join in mining, not just for himself. Running a pool is different from just mining or making hardware.

Gotta give props to ThePiachu, but he's not exactly breaking new ground. The idea of outsourcing vanity address creation isn't new. I see this going open-source soon, so monetization could be tricky.

You're free to do what you want. If you find super cheap gear and expect a huge price jump while keeping difficulty low, go ahead. Personally, I wouldn’t take the risk unless I could pay back my investment in less than…

I totally get that. For me, mining is the only way to get BTC since banks won't lend for crypto. I'm thinking of taking a loan to buy mining rigs instead.

This forum doesn’t host images. You can upload your image to a site that allows hotlinking, like imgur, and post the link instead.

just throwing this out there, but wouldn’t this make everyone spend their unspent outputs at least once a year to dodge the fee? this could lead to a ton of transactions flooding the mempool, totally packed blocks, and…