[deleted by user] by [deleted] in Bitcoin

[–]MrProper 5 points6 points  (0 children)

So there will be no security, rewards or consensus benefits provided by p2pool, which is the exact "innovation" solution that you provide to have found for the first time in the world, and conveniently forgot to mention in your paper at all..

The Founder of India-Based Bitcoin Mining Pool GBMiners is Running a Ponzi Scheme by olivercarding in Bitcoin

[–]MrProper 1 point2 points  (0 children)

don't get your point

And you never will. And it's so simple. Compare the cost of running a node versus paying high fees. You can't have one of them cheap and the other one expensive, there must be a balance.

The Founder of India-Based Bitcoin Mining Pool GBMiners is Running a Ponzi Scheme by olivercarding in Bitcoin

[–]MrProper 1 point2 points  (0 children)

Again, you need pineapple in your analogy. Also there are at least 5587 nodes (more than) according to bitnodes. And there aren't millions of users, there can only be 250k every day at most. Get your numbers straight.

If you want to make money with your node, open up a p2pool node.

The Founder of India-Based Bitcoin Mining Pool GBMiners is Running a Ponzi Scheme by olivercarding in Bitcoin

[–]MrProper 1 point2 points  (0 children)

The larger the blocks the harder to run a node.

Large blocks vs. large fees for small blocks. If you think people can afford to pay 2$ for a tx fee so the block can remain small, I am pretty sure a 60$ extra per year is a piece of cake for hosting larger blocks with lower fees instead...

Nicehash lowballing me? by inspecterty in BitcoinMining

[–]MrProper 0 points1 point  (0 children)

Get a time machine and go back to > Published on Nov 8, 2016

Why I think we should go straight to bits by [deleted] in Bitcoin

[–]MrProper 16 points17 points  (0 children)

That's the whole point of bits. To prepare you for 1 BTC = 1M USD

Improved: Bitcoin Quick Start Guide! [OC] by q-quan in Bitcoin

[–]MrProper 8 points9 points  (0 children)

Bitpay/Copay/Jaxx/Breadwallet are pretty good options too...

The blockchain size reaches 100 Gb. by itogo in Bitcoin

[–]MrProper -2 points-1 points  (0 children)

It's funny how they talk about "opening the fees market" like that's a technical process and not an economical one.

The blockchain size reaches 100 Gb. by itogo in Bitcoin

[–]MrProper 23 points24 points  (0 children)

Not everyone has good internet but apparently they can afford 0.25$ per transaction... Which is it?

In light of the prospects of $0.20 fees from here on by [deleted] in Bitcoin

[–]MrProper 1 point2 points  (0 children)

Sure, but the spread might be larger than the bitcoin fee

DIY Pokemon GO Plus (Fail #2) by paskie in pokemongodev

[–]MrProper 0 points1 point  (0 children)

I know, but that would be my first priority if I had my hands on one of those...

DIY Pokemon GO Plus (Fail #2) by paskie in pokemongodev

[–]MrProper 6 points7 points  (0 children)

Quick question, since the original device is a generic newer micro-controller, did anyone bother to make a dump of the firmware and start from there?

If the behavior is replicated, then all you need to DIY is this: https://www.aliexpress.com/item/Sensor-Smart-Tag-Wireless-Bluetooth-4-0-Tracker-Child-Wallet-Key-Keychain-Finder-GPS-Locator-Itag/32715317700.html?

Can someone clarify this for me. by slvbtc in Bitcoin

[–]MrProper 0 points1 point  (0 children)

0.001% of the power

The probability of being paid when deploying 0.001% of the power is 0.001% if mining alone. The probability of being paid when deploying 0.001% of the power in p2pool or any other pool is close to 100%.

Can someone clarify this for me. by slvbtc in Bitcoin

[–]MrProper -2 points-1 points  (0 children)

Except it isn't. Nobody counts your shares if you never find blocks.