So funktioniert Bitcoin Mining mit dem Raspberry Pi

VeriCoin

The home for the most innovative cryptocurrency, VeriCoin and Verium VeriCoin: Proof-of-Stake-Time Protocol. PoST Verified. Verium: Proof-of-Work-Time Protocol. PoWT Verified. CPU Mine-able (GPU and ASIC Resistant)
[link]

AMA Questions

  1. Will Ghost coin be listed in stock market, like BTC/USD?
  2. Would it be possible to use the ghost e-sim with custom phones, for instance a Raspberry Pi phone? What would the minimum requirements be?
  3. Could you explain some more about the 'quantum threat'? How exactly cold-staking would work?
  4. About Telaghost, will it require a specific phone model to run?
  5. Could you please elaborate more on how the 'proof-of-stake' approach can help avoid common problems we see in Bitcoin mining, such as 'pooling farms, use of ASICs, centralization of mining power'?
  6. It's said in the Ghost Whitepaper that " Checkpointing is considered controversial in the cryptocurrency community, as it is a “centralized” solution". Could you explain how this solution works and what are the risks involved? Is it possible to do "checkpointing" without centralization?
  7. Is there any schedule for expanding the e-sim services to other countries?
submitted by am1lc4r to GhostPrivacyCoin [link] [comments]

Governments CAN kill Bitcoin- they just don't care (for now)

I understand that my opinion is probably an unpopular one, so I expect a ton of downvotes.
Let's imagine a perfect scenario- everyone knows for Bitcoin, volume is high, people are spending it and/ or stacking sats. Now, this is not a good thing for govs, reasons were mentioned thousands of times on the internet so I will not bother about mentioning all of that again. How to kill Bitcoin, you may ask? Declare it illegal, start the propaganda machine, prosecute people who are mining or using it, shut down mining farms under the accusation of supporting the system that is used by criminals- add a bit of human trafficking, drug dealing and money laundering to the headlines to make it look justifiable in the eyes of average Joe. After all of that, hashing power will probably go to 20% of what is now. Next step, seize the ASICS and conduct a 51% attack. Congrats, no more BTC. You may say that your rights are hurt, but CCP (Communist Party of China) doesn't give a fuck.
There is a cryptocurrency that could survive a "mass extinction" of that kind. It's called Idena and it's truly unstoppable. It's using a novel protocol called "Proof of Person". In order to mine it, you must prove (validate) that you are actually a human being, all without 3rd party or personally identifiable documents (aka KYC). How to prove that you're actually a human being? Currently, validation days happen a few times a month, and validations start at the same time all over the globe- New York is at 9:30AM, Berlin is at 3:30PM and Sydney is at 11:30PM. Validations involve solving a user-made flips- they are captchas that are impossible to solve by machines- because they involve abstract thinking and emotions, which only humans have. Incentive to make flips is simple- to validate on next validation day you must make 3 flips which will be randomly distributed to other users on the next validation day. Idena introduces sybil resistance by limiting the time of validations, you can validate yourself on one node, it's almost impossible for one person to have two nodes. All mining rewards are split equally to every miner, so there is no concentration of hashing power, mining farms are impossible and stopping/ censoring is impossible because Idena can work on any 64bit OS- Windows, Linux, MacOS and even Raspberry Pi- Computing power is irrelevant and it will be irrelevant forever! To stop Idena, governments must ban computers, from all people who are running this most decentralized and democratic currency on the globe! Sounds like an impossible task to me.
submitted by r3310 to CryptoCurrency [link] [comments]

03-07 23:04 - 'Governments CAN kill Bitcoin- they just don't care' (self.Bitcoin) by /u/r3310 removed from /r/Bitcoin within 17-27min

'''
I understand that my opinion is probably an unpopular one, so I expect a ton of downvotes.
Let's imagine a perfect scenario- everyone knows for Bitcoin, volume is high, people are spending it and/ or stacking sats. Now, this is not a good thing for govs, reasons were mentioned thousands of times on the internet so I will not bother about mentioning all of that again. How to kill Bitcoin, you may ask? Declare it illegal, start the propaganda machine, prosecute people who are mining or using it, shut down mining farms under the accusation of supporting the system that is used by criminals- add a bit of human trafficking, drug dealing and money laundering to the headlines to make it look justifiable in the eyes of average Joe. After all of that, hashing power will probably go to 20% of what is now. Next step, seize the ASICS and conduct a 51% attack. Congrats, no more BTC. You may say that your rights are hurt, but CCP (Communist Party of China) doesn't give a fuck.
There is a cryptocurrency that could survive a "mass extinction" of that kind. It's called [Idena]1 and it's truly unstoppable. It's using a novel protocol called "Proof of Person". In order to mine it, you must prove (validate) that you are actually a human being, all without 3rd party or personally identifiable documents (aka KYC). How to prove that you're actually a human being? Currently, validation days happen a few times a month, and validations start at the same time all over the globe- New York is at 9:30AM, Berlin is at 3:30PM and Sydney is at 11:30PM. Validations involve solving a user-made flips- flips are user made captchas that are impossible to solve by machines- because they involve abstract thinking and emotions, which only humans have. Incentive to make flips is simple- to validate on next validation day you must make 3 flips which will be randomly distributed to other users on the next validation day. Idena introduces sybil resistance by limiting the time of validations, you can validate yourself on one node, it's almost impossible for one person to have two nodes. All mining rewards are split equally to every miner, so there is no concentration of hashing power, mining farms are impossible and stopping/ censoring is impossible because Idena can work on any 64bit OS- Windows, Linux, MacOS and even Raspberry Pi- Computing power is irrelevant and it will be irrelevant forever! To stop Idena, governments must ban computers, from all people who are running this most decentralized and democratic currency on the globe! Sounds like an impossible task to me. Feel free to join Idena Telegram
'''
Governments CAN kill Bitcoin- they just don't care
Go1dfish undelete link
unreddit undelete link
Author: r3310
1: id**a.io/
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Is bitcoin mining dead?

Hey guys, so I recently just got into bitcoin mining and am mining from my pc at home on my nvidia gtx 1070. Yields about 2.77 dollars a day at 337 mhz by the looks of it, unless I'm reading the program wrong. I have seen that people see it's not worth mining anymore when in my head it sure as he'll is...if I use a raspberry pi with a 10 Port USB expander and I plug those USB block eruptors in running at about 8ghz each, which are at about 0.34 dollars a day maybe more.... that's about 6 dollars a day. That's about 42 dollars a week .. so on so forth...im from South Africa and the currency is 13.80 rand to 1 dollar so a month that's about 2300 rand a month. I could probably buy groceries for a month for my girlfriend and myself with That To give you perspective. Now if I have 4 of those farms it goes up quote a bit. I cant Imagine it using much more power than it currently is because my raspberry pi at the moment and my desktop computer are on 24/7.
Am I misunderstanding the concept or am I being too optimistic or why do people say that it's not worth it anymore?
Really appreciate the help guys...i actually haven't stopped thinking about this as a 3rd income.
submitted by djcurzed to BitcoinMining [link] [comments]

CPU mining costs

Hey guys, I need a little help,
So, I live at home with my parents. I mine on my i3 desktop and on two single board computers (raspberry and orange pi), so I don't think I'm using much more power than I otherwise would be since at least my pc would be on anyway and the sbc's don't take up much power. Still, my dad has been reading a lot about bitcoin mining and how expensive electricity can be. How can I explain to him that my low power setup barely costs him anything compared to ASIC miner farms in Russia?
Thanks:)
submitted by maiusmadness to cryptomining [link] [comments]

ELI5? Recently tried to familiarized myself with the basic ideas of bitcoin and to get my head around two theoretical problems.

Hey you guys,
as I already said in the title, there are two points concerning the overall design of the bitcoin system that I do not understand and hope to get explanations for from all you experts.
If this kind of post is not what this subreddit is concerned with, I apologize in advance.
My first question concerns the limited amount of possible bitcoins. It is inevitably that over time some people will lose their keys or abandon their wallet. If no new currency is introduced into the system, I understand that this will result in deflation, but wouldn't it also slowly dry out the currency (over very long time)? It this trend countered by any strategy in the system?
My second question concerns the security of sealing blocks. If the sealing process is designed to be an extremely costly process memorywise and hence is rewarded with currency for the miners to guarantee that some malicious attempt to undermine this process can not hold against the processing power, how can the system guarantee save verifications of transactions, one mining is not rewarded any more, i.e. wouldn't all the mining farms simply vanish, leaving only some do-gooders with their raspberry pi to counter manipulations?
I'd be really thankful if somebody could clear this up for me. Thanks in advance!
EDIT: Thanks everyone for your kind and accessive replies.
submitted by MBncsa to Bitcoin [link] [comments]

Big news update for pimp

Hello PiMPs!
dbct here with the biggest news of the year!
Imgur
So far itś a wild ride so where to begin, let's begin by this pimp is staying very up to date on the miner programs so you can just type "pimpup" and it will download the latest pimp and minerfarm software instantly. you can then pick any of the miners to update in place. it's that easy! (or look below and for info on what we have have put in the new fresh RC11 release).
Part of the pimp family called miner.farm. This is a secure web-app that lets you control the miner in many ways (start/stop and switching to name just a couple) Also, our new pimp versions come with the free edition of miner.farm. this lets you see the miner on the PiMP Farm page for all the pimps to use.
We are working on miner.farm every day to put in the features that you ask us for. We also decreased all of the subscription prices to make it easy for all pimps to control their rigs like the pros do and we are working hard to give you the best mobile view so you can manage your rigs where you want when ever you want.
Next to this we have a lot of great things lined up:
We want to make it more accessible for miners,PiMPing out more platforms like CentOS, Android and Windows We have lots of bugfixes and improvements in the back end that most pimps will never notice, but it makes your tools work better!
The most important for YOU (the miner): we want to give you the best support and the most easy mining experience so we will continue to build more and more guides, videos, and tips as well as updating your Users Guides and You can ask your own questions in the PIMPs Corner! https://getpimp.org/pimps-corner
We want the miners voice to be pimps voice so this is why we try and be very active in our live chat irc for all your questions , tips , jams or just a chat you are always welcome.
BUT THIS IS NOT ALL !!!
The getpimp.org website got some love too!
undergone changes to make things easier for people to navigate pimp the world project is a fact now!!!!! hashrates can be added and the display is cleaned up
PiMP 1.9 & 2.0 versions just got:
Fresh new release RC11 with all the fixes, updates and new miners included. fixes include more stability for more uptime improved gpu data gather a quicker reboot to deal with stuck GPUs “pimp --stop all” command, a feature requested by the pimps the newest miners available ASAP to you added the best pascal miner we could find!!!!
Miner.Farm (managing, monitoring and alerting tool)
We also lowered the prices on miner.farm to make everything more accessible for every miner.
Including:
stability service fixes. many cosmetic tune ups. bug fixes. reboot miner from website is now also possible. switching profiles from website is also possible. and big farm solutions and collapsible views Bitcoin and PayPal payment option and we even got the agent working on the popular raspberry Pi!
We are very proud to say that we make the PiMP dev/testing/support teams available to our fellow mining developers for collaboration. This is a win-win for the pimps and for all of the miners. As pimp family grows bigger we are looking for more team members, please visit https://getpimp.org/help/about to see if you are needed!
Sincerely, PiMP Family
submitted by dbct to getpimp [link] [comments]

New to NavCoin? Read here!

Welcome to the NavCoin subreddit!

What is NavCoin?
NavCoin is a cryptocurrency based off Bitcoin. While it offers all the benefits of Bitcoin, it also has added benefits such as faster and cheaper transactions, the ability to earn 5% on your NAV and optional private payments.
A key difference is that NavCoin uses the Proof of Stake algorithm to secure the network (as opposed to Proof of Work that Bitcoin and others use). The benefit of using Proof of Stake is that it's much more lightweight and you don't need huge servers or farms to mine NavCoin. All you need is to install a Core Wallet, turn on staking mode and you will earn 5% on the amount in your wallet.
What sets us apart?
How do I buy NavCoin?
The cheapest way to get NAV is through an exchange.
  1. Buy Bitcoin or Ethereum - for example using LocalBitcoins
  2. Join an exchange such as Poloniex, Bittrex or Binance and transfer your Bitcoins to your account. Some exchanges require verification for trading or withdrawing.
  3. Once there find a NavCoin trading pair (such as BTC-NAV or ETH-NAV) and make a transaction. You set the price you want to pay and how much you want and wait until someone matches that offer.
  4. You now have your NAV! The next step is to send this to your wallet and start staking. Tutorials for setting up a wallet are available here.
Where can I get more information about the project?
How can I reach the team?
If you want to get involved in the community, have development or marketing ideas or need technical assistance it is best to join our Discord-Server.
For other inquiries you can send a mail to [email protected].
How can I involved in the community?
We highly recommend joining our Discord-server to connect with the team and community. Other social media sites you can check out are:
How can I help?
We are always looking for people with skills in development and marketing so please get in contact with the team if you are interested!
submitted by IfaqYurmama to sandkasten4 [link] [comments]

How to make a Raspberry Pi Bitcoin Mining Rig Setting up a Raspberry Pi3 for Crypto-mining (Verium ... How to make a Raspberry Pi Bitcoin Mining Rig - YouTube Raspberry Pi 4 Bitcoin Mining For 24 Hours! - YouTube Working USB Bitcoin Farm with Raspberry Pi running Minera ...

Setup with the USB bitcoin miner to the USB powered hub with fan. USB hub must be at lest 1.5 - 2.0 amps. Also the Rpi heatsink and fan. You need this heatsink and cooling fan if you are overclocking the Rpi for maximum mining capability and planning to keep the raspberry pi up 24/7 without burning the core processor. Bitcoin Mining mit dem Raspberry Pi zahlt sich nicht mehr aus. Die Entwicklungsgeschichte fand damals nicht ihr Ende. Immer weiter ging es mit den Optimierungen, der Steigerung der Hashrate bei gleichzeitiger Senkung des Stromverbrauchs voran. Die Gesamthashleistung des Bitcoinnetzwerkes kratzt gerade an den 80 Exahashes und stellt neue Rekorde auf. Heutzutage lohnt sich das Minen von Bitcoins ... How to make a Raspberry Pi Bitcoin Mining Rig. Granville Mccallister. Follow. 5 years ago 36 views. How to make a Raspberry Pi Bitcoin Mining Rig. Report. Browse more videos. Playing next. 2:48. Raspberry Pi Mini Bitcoin ASIC Mining Rig. Bitcoin Mine ... Start mining Bitcoin Cash or Bitcoin today! Supercharge your mining potential. Mine Bitcoin easily on the cloud without having to buy hardware, or plug your own hardware into the world’s highest paying mining pool. Sign up now Log in. Mine Bitcoin. We offer BTC and BCH mining. You can also choose to automatically mine the most profitable coin. Cloud Mining. Start mining immediately with our ... Bitcoin Mining mit dem Pi. X0lfm4n; 19. Februar 2018; Erledigt; X0lfm4n. Anfänger. Beiträge 1. 19. Februar 2018 #1; Guten Tag zusammen, ich habe mich mal etwas in das Thema Bitcoin Farming eingelesen und bin dabei darauf gestoßen das das ganze wohl auch mit dem Pi geht. Da ich noch keinen besitze wollte ich hier mal Nachfragen was für einen ich dafür bräuchte inkl. ggf. Zubehör? Ich ...

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How to make a Raspberry Pi Bitcoin Mining Rig

Buy Raspberry Pi 4 Model B 4GB: https://amzn.to/2tlBfGW How to Setup a Raspberry Pi 4 Bitcoin Mining Rig w/ Bitmain AntMiner U3: https://youtu.be/dPWTSytzN7g... post with commands in written form: https://3dpeg.net/archives/69 Timestamps: 00:00 - Intro 01:00 - Setting up a wallet 05:15 - Joining a mining-pool 08:03 -... Complete end product of this video series- A Raspberry Pi imaged with Minera, running GekkoScience Compac and 2Pac USB sticks. How to make a Raspberry Pi Bitcoin Mining Rig. How to make a Raspberry Pi Bitcoin Mining Rig. Skip navigation Sign in. Search. Loading... We’ll stop supporting this browser soon. For the best ... Learn how to make a Raspberry Pi Bitcoin Mining Rig. Hardware: 330Mh/z GPU - http://goo.gl/QlGVM7 Powered USB Hub - http://goo.gl/nvPzEy Raspberry Pi - http:...

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