Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank. If you are new to Bitcoin, check out and. You can also explore the: • • • • • • • • • • • • Community guidelines • Do not use URL shortening services: always submit the real link.

• Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. • News articles that do not contain the word 'Bitcoin' are usually off-topic.

This subreddit is not about general financial news. • Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, is a good place to discuss all cryptocurrencies. • Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. • No referral links in submissions. • No compilations of free Bitcoin sites.

Oughly tested and built on the Bitcoin scripting system using OP1 to OP16 standard script op-codes. We present is a novel mechanism design that prevents mining incentive from degrading by tying in usage of services. Using torrent trackers and other P2P-style hosted data source is an area of future research as it will. Litecoin was originally created to complement Bitcoin with a specialized focus on concentrated mining pools and speeding up transaction timings. Unlike Bitcoin. SysCoin is another platform that is designed to provide users with the ability to create more blockchain apps, delivering a decentralized marketplace. This Pin was discovered by Steven DRIVER. Discover (and save) your own Pins on Pinterest. SysCoin 2.1 Block Explorer and Statistics. Access detailed information on SysCoin 2.1 (sys) transactions, blocks and addresses.

• Trades should usually not be advertised here. For example, submissions like 'Buying 100 BTC' or 'Selling my computer for bitcoins' do not belong here. Is primarily for news and discussion. • Please avoid repetition — is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted.

Aside from new merchant announcements, those interested in advertising to our audience should consider. • Do not post your Bitcoin address unless someone explicitly asks you to. • Be aware that Twitter, etc.

Is full of impersonation. Related communities Sorted roughly by decreasing popularity. • • • • • • [] • • (NSFW) • • • • • • Non-Bitcoin communities • • • • • • • Join us on IRC Other Bitcoin sites Download Bitcoin Core is the.

Almost all Bitcoin wallets rely on Bitcoin Core in one way or another. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. You can also use Bitcoin Core as a very secure Bitcoin wallet. • Latest stable version: [] • • You MUST before running it. Style sheet credits The CSS used by this subreddit is the Erdune Theme modified by and. Check out his other work.

Ad campaign: We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. The funds already donated will be spent on some sort of advertising, as intended. As of now, 7 BTC was spent out of 4. If you have ideas for the remaining BTC,. Before I tell you how I fucked up, let me just say I am very aware of just how many newbie mistakes I made and how stupid I was. By all means, please feel free to laugh at my disgusting choices.

The least my stupidity can do is serve as humor. Back in May/June, I bought around 600 Bitcoin at around 2700 USD.

I'll let you do the math on how much that cost me. But I believed in Bitcoin. The original plan was just to hold them forever. I was pretty convinced Bitcoin was going to go to $10K by 2018.

Had I just left the Bitcoins in my wallet and done nothing, I would be pretty happy right now at $4000 per coin. I decided to try my hand at trading altcoins. I started off with Siacoin (this was back when there was hype around Siacoin). Put in 10 bitcoins into Sia, at 450 satoshis. Next day, Siacoin went up to 600 satoshis. I was like 'Cool, this is easy, I just made a couple thousand dollars in a day.' Next day I put in 20 Bitcoins into Antshares (now re-branded as NEO).

Three days later, it went up as well. 'Cool, I just made 10 grand in three days! All I have to do is buy altcoins low and sell high. As long as I HODL and don't sell in panic and just wait it out until it rises, everything should be fine.' You can guess where this story is heading. There's no happy endings here.

Basically, over the course of June, I invested pretty much ALL of my Bitcoins into alts, thinking they were going to keep going up and up. It was pure greed. Of course I should've just kept it in Bitcoin. Of course I should've done my research on some of these altcoins. Of course I should've not bought it at the very fucking peak before all the altcoins crashed.

Curious to see how badly I fucked up? Here's a list = all the altcoins I bought, how much BTC I spent on them, and how much BTC they're worth now. Feel free to roast me, cause you could not get more stupid than this (especially putting that much money and faith into some of these altcoins). In other words, you: • Invested over 1.6 million dollars on Bitcoin • Started trading Altcoins for some quick profit • Were very happy with making 10k in a day • Started losing everything. There are two explanations here: Either you inherited a large sum of money and you aren't versed in dealing with it, so you invest poorly.

This is also why you were so happy with 10k gain even though you stood to loose a fuck ton more than that. Ps4 Komodo KMD Mining. Poor people think this way, not someone who can afford to invest 1.6 mil in a massively volatile market like BTC. Or, you are lying.

Torrent websites have become the most common way for users across the world to access pirated content in a peer to peer fashion. While the technology has boomed in the last few years, Governments across the world have attempted to shut down these websites for hosting copyright content. Maintaining servers and retaining databases of magnet links is not cheap and revenue from advertisement doesn’t seem to compensate for the operating costs of these services. Taking advantage of the crypto boom, to. Torrent websites have become the most common way for users across the world to access pirated content in a peer to peer fashion. While the technology has boomed in the last few years, Governments across the world have attempted to shut down these websites for hosting copyright content. Maintaining servers and retaining databases of magnet links is not cheap and revenue from advertisement doesn’t seem to compensate for the operating costs of these services.

Taking advantage of the boom, torrent websites seem to have taken up web mining as a possible source of revenue. The first to lead this movement is none other than The Pirate Bay; one of the oldest and most popular torrent websites. It is hosted by the Swedish internet provider PeRiQuito and provides access to torrents in a safe and user-friendly way. Recently, users of Pirate Bay reported noticeable changes in computer speed while visiting the site. According to these reports, there is a significant increase in processor usage when browsing certain pages of their website.

A Reddit user mentioned that all CPU threads increased over 80 percent; but only occurs when he carries out encoding activities. The Pirate Bay operators understood the cause of confusion and revealed that the core team has been investigating new sources of revenue through their website. The previous methods of generating income included anonymous donations and revenue derived from advertisements. According to the operators, these donations and advertisement revenues may not be enough to ensure the smooth operation of the website. They further assert that the purpose of conducting the experiment is to discover a possible and more efficient way of securing income.

The group suggests that if the tests yield positive results, the new method will become an effective tool that would greatly contribute to the general transformation of the website. In effect, the team embedded some code in the website that is responsible for the changes that users experienced. Experts revealed that the code was a miner that was tucked away in the site’s footer and was provided by Coinhive. A web miner typically mines small amounts of cryptocurrencies such as when users visit the website. These cryptocurrencies are typically CPU mineable and require far fewer resources to mine than. According to the official statement, the miner is hidden in the search results and category listings, not on the home page or individual torrent pages. It has also been restricted to run in only one tab, irrespective of the total number of tabs that are available.

Although the people who regularly visit the website are not comfortable with the idea, the moderators promised that the test would be conducted for a very short period of time. According to the Pirate Bay forum administrator, Sid, users are also reminded that the mining applet can be removed. He noted that this JavaScript mining can be blocked through browser settings or add-ons such as No Script. Social media users suggest that apart from No Script, add-ons such as Script Block or Script Safe can also disable the JavaScript in web browsers such as Chrome and Firefox. The team has allowed people to voice their opinion on the forum as to whether they should continue to use the advertisements or fully integrate the web miner into their website. A few CPU cycles is probably the trade-off one will have to make in the future for free content from websites like Pirate Bay.