Jump to content

jhbchess

Lambo Owner
  • Posts

    1,330
  • Joined

  • Last visited

Posts posted by jhbchess

  1. I have sued some Chinese companies in US courts. The money part of the judgment is not usually collectible. But getting an injunction that bars their product from being sold, seizing domain names, etc has some value.

     

    If they are entirely located overseas and engaged in shady stuff they often do not appear. Expect the suit to still take 9-12 months.

  2. It would be nice to be the guy making all the picks and shovels needed for mining. Or maybe running a giant australian solar data center and leasing the space and electricity to miners.

     

    Seems like computer GPU is better for eth and some alt coins, while ASICs is primarily for bitcoin? As someone else put it:

     

    ASIC:

     

    Advantages

    Compact form factor.

    Gigantic hash power right out the box.

    Ese to use.

    No need for other components only PSU to run it.

     

    Disadvantages

    Very Noisy fans

    Hard to buy you need to preorder

    Hard to sell

    You can mine Lightcoin and Bitcoin.

     

    GPU:

     

    Advantages

    Can mine several coins at once.

    You can tune the video cards to consume less electricity.

    Supports many coins.

    Easy to buy.

    Easy to sell.

     

    Disadvantages

    Complicated to configure mining rig to start mining.

    To start mining you need a case,cpu,ssd, ram, motherboard, and psu.

     

    Another explanation here - https://www.trymining.com/pages/asic-vs-gpu

     

     

  3. What's the BEST way to cook a steak at home?

     

    For me, I reverse sear. Set over to 250 degrees Fahrenheit and insert a meat thermometer.

     

    Pull the steaks at 125 degrees and let rest for 10 minutes wrapped in foil.

     

    Then drop them into a sizzling hot cast iron skillet with a dash of olive oil in it. Sear for 1 minute per side.

     

    Sevre immediately.

     

  4. That is bold, I don't think I could do that.

    Do you know for sure that it is FDIC insured for up to 250k?

    Seems like a stretch? I do not believe for one moment that the Fed's would back it, while conveniently printing their own money.

     

    They assert that the fiat deposits are kept in custodial bank accounts.

     

    They also claim that 98% of digital currency is in offline storage so a cyber breach couldn’t wipe them / you out.

  5. Does anyone know of a quicker way to buy BTC/ETH with USD so I can exchange it on Binance?

     

    Pretty tired of coinbase, want me to wait 2 weeks. I don't use CC so my limit is too small, plus 4% fees. The real winners are the exhanges and hardware wallet makers, shit, they are taking people. Gdax?

     

    Make the picks, axes and tools for mining and let everybody else do the work.

  6. 2 projectors at 100k? Surely there must be something that will work for less?

     

    most home projectors can't generate that much brightness for a 200" screen. you need like 16 foot lamberts of brightness if your room is completely dark. if you have any ambient light then you may need more like 40 ftl.

     

    (Projector Lumens ÷ Screen Area) x Screen Gain = ftL

     

     

    edit - here's a calculator page that can help calculate recommended screen size, viewing distance/angle, and the projector lumens and foot lambert stuff.

     

    https://www.projectorscreen.com/projector-screen-calculators

     

     

  7. I got two Nano S delivered yesterday bought from the ledger website. Had to pay shipping from France but was still cheaper than what I could find on amazon. Will set it today - hopefully I can use it on both Mac and PC.

     

    The Nano S was pretty easy to set up. I tried a test transfer of BTC from a digital wallet to the nano and it's still "pending" - so I'm at the mercy of the processing speed of the digital wallet. Transfer started at 11:18 and finished at 11:46. The rub is that the transfer fee cost about $20 on $1500 of BTC. So, now I have to decide between keeping it in a digital wallet or digital vault for free vs transferring back and forth to a hardware device.

     

    My initial sense is that for a long hold on 1 BTC or more I'd keep it on the Nano S. But for fractional shares that I may be actively trading into other currency I'll probably keep it digital to avoid the fees. I don't like feeling as if the casino is charging me for cashing in my chips.

  8. Thinkimg about a ledger blue too, but not sure of the advantages

     

    I got two Nano S delivered yesterday bought from the ledger website. Had to pay shipping from France but was still cheaper than what I could find on amazon. Will set it today - hopefully I can use it on both Mac and PC.

  9. Do you think I shouldn't use coinbase?

     

    A friend of mine said that b/c Coinbase is most popular it seems to drive larger bid/ask spreads so you end up paying more. Here is some decent comparative analysis from coin central, but I like hearing the first hand stuff from Roman et al.

     

    https://coincentral.com/coinbase-vs-kraken/

    https://coincentral.com/coinbase-vs-bittrex/

    https://coincentral.com/coinbase-vs-gemini/

     

     

    I followed Roman's outline, did some purchases on Coinbase and I'm just sitting and waiting for it all to clear. I signed up on a couple of other places just because there seems to be some verification lag and Coinbase doesn't have a breadth of currencies I may dabble in later,

     

     

     

     

     

     

  10. Closed to new accounts......not sure why my account on Gatehub showed 20 XRP....enough to activate the account. It then suddenly went to just below to inactivate it.......very screwy.....I'm afraid to send any more to them....

     

    Kraken can do xrp. Gemini (the winklevoss twins’ site) might. I’m waiting for verification.

×
×
  • Create New...