PC

Yok_Mu_Beni_Siken

What kind of hardware is he using to brute force? If the estimated 241 years is in the ballpark and he's just using a single PC or something similar, getting some loans to buy specialized hardware would make a lot of sense. Though I assume he's already done that.

thcptn

And him being willing to click it. And doing it on a PC with his financial data or passwords. You can find I'm interested in video games but 90% of the time I just read the headline and comments like every other redditor. Do you have a single example of this happening on this sub ever? Why bother with this crap when you can cast a much broader net with traditional phishing scams or other tactics that are proven to work? This is the same sub where top posts are about people achieving less than 100k in Bitcoin. Seems like more of a fantasy than a reality. Time would be better focused on recognizing common scams rather than being paranoid someone is stalking redditors. If anything they should at least head to the personal finance sub that's full of people regularly posting about coming into a life changing inheritance lol.

darkjediii

About five weeks ago, I opened an old hard drive to clean out the junk and prepare it for resale. What I found was more than I bargained for. I soon believed that I had been hacked—my PC mirrored on a Russian website. I received odd prompts about Russian history, and I noticed traces from Japan, China, Singapore, and other countries, including an unreadable trust certificate. They have stolen all my information, including photos of my wife and children. We have contacted the FBI five times and have handed over 1,800 files to the sheriff. We’ve even reached out to the news, but no one believes us or they refuse to talk. I know about Bitcoin and have seen the developer’s page, which is different from the node. I’ve learned things I never wanted to know. Despite this, we still can’t get help, and people don’t believe us because the story sounds too wild. Five family members, plus friends and bosses, are involved with 120,000 files, yet everyone looks the other way. I can’t get help. Has anyone else experienced something like this? If it weren’t for my family, I might have checked myself into a psychiatric facility a long time ago due to the harassment. I’m keeping that hard drive in a safe place, not here. Any advice on who can help would be appreciated. I’m an American. These five weeks have been hellish. It’s enough to break any man, father, or husband. 😞

stits2

we don't care about the details, I'm just saying that there was his IP address, means of payment or even fingerprint of his PC

somefcknrando

Am willing to bet every credential stored on their PC was stolen, not just coinbase. Tell them to freeze their credit scores ASAP. This is a major problem with web browsers.

No-Setting9690

People learn the terms, this does not sound like a scam. Sounds more liek an infested PC or resuing credentials.

DivinityInsanity

Let's say there's one node for the entire BTC network. Just a high-end desktop PC. Could it run the BTC network, as far as calculations go?

Aussiehash

Key security point is that your 12-24 words mnemonic seed must never exist in digital form (not on your PC, mobile, tablet, email, password manager, cloud backup, no photos). Write it down on paper with a pencil, and never, ever type the seed words into your browser/computer/phone. Never, ever give your seed words to anybody on Reddit, telegram, etc. If you get a email saying click here to recover your mnemonic for a security update it is a scam, never ever enter your mnemonic into your computer/browser - only into the hardware wallet itself (and only then if your original hardware wallet is destroyed and you need to recover into another hardware wallet)

OMFGROFLMAO2

You're a dev, I'm a dev. Imagine this: you connect your wallet to eBay and you pay for an item, you get an NFT. Then you connect your wallet to the UPS site, it checks your NFT, you track your item automatically. It arrives, you sign the receipt, you get a second NFT, eBay reads it as delivered, and releases the money to the seller. Then you connect your wallet to Amazon, it reads you already bought a 3D printer on eBay, and offers you 5% discount on resins with a 10% discount so you don't buy them at eBay. You login to your PC, you automatically connect your wallet, it reads your Photoshop license, your Windows license, your Office license. You can use those programs. I see the future, it's a dystopic connection of everything.

RussChival

Solana MBA. Cost: $800, plus room, board and PC.

Alfador8

Something isn't adding up here. Seed phrases weren't a thing until 2013, well past the time you could mine with a PC.

RevJohnHancock

Oh wow. Here’s an example of me finally falling asleep and leaving Reddit open. Then, my cats will reign holy hell on my PC. They constantly activate magnifying glass, which is an utter pain in the ass, as well as voice guidance. In this case, I’m just gonna go ahead and assume they were jumping on the keyboard. I love your response! 😂

MrNoobs

Who said he didn't have a PC?

mrmishmashmix

Mining bitcoin without a PC? Someone here is very good at mental maths......

NoChip2618

Thank you so much all! Apparently didn't find mining too interesting back then after all(or I had a crap PC but seems like 0.02.... btc was still hanging out there. Now I can safely hodl for longer then I guess

NoChip2618

Imagine that, half wit when it comes to PC stuff...

JackAllTrades06

Of course you use a paraphrase for all wallet. That your key to prevent from unauthorised withdrawal from that PC or device since the paraphrase is required when you want to sent it out. But if you can restore the wallet anywhere, you need the seed first. Then any paraphrase can be set again. That is why for some wallet if it is only available on the desktop version, you need the wallet.dat as a backup. But if you can also sync your wallet to a phone, than the 12/24 seed words is also crucial to be protected.

AcademicActivity3

Bro this is just a copy of a PC desktop website template they got from GitHub. 0 dev skills required.

lasarus29

Ha, my Dad always says "why didn't you tell me about Bitcoin back then" (I was flat broke and probably would have struggled to get hold of any anyway/sold it too early) but I constantly remind him that back then I couldn't even convince him that I could build my own PC let alone convince him to buy magic Internet money.

brianddk

Get a hardware wallet, with the seed data safely secured at home. Anytime you cross a border, memorize the seed and wipe the hardware wallet. Restore it each time you settle in your new destination. Just ensure you don't do anything silly like typing seed data into your PC on the restoration.

SmoothGoing

Buy a hardware wallet. Follow instructions. If you want a PC hot wallet get one from electrum.org Phones have some options too, depends on the OS.

Halo22B

Don't use Core, it's not 2011 there are lots of better choices from a UX perspective. Try Sparrow or Electrum on PC. Blue Wallet on mobile

ActuatorBig1426

Thanks. Now this seems pretty "Trusted". For the most security, privacy, and verification...it seems like Bitcoin Core is the top recommendation. Anyone have experience with Bitcoin Core? Need a PC, its for "advanced" users...but bitcoin.org has it High Ranking

Vakua_Lupo

Download Blue Wallet onto your PC and transfer your Btc into it. Guard the Seed Phrase, and then collect the jackpot in ten years time!

malachimcdevitt

May I ask what normal precautions? Finally wanting to find the easiest and best apps for me. I don't have a PC yet so would all be from my phone.

SmartestScammer

Monero is probably the most decentralized PoW. 1 CPU = 1 Share, and since all the people using malware to mine crypto on hacked PCs choose Monero mining theres devices all over the world participating in mining 😅 Jokes aside, I wish more PoW coins used Monero's algorithm. Its nice being an average joe and knowing your participation in the network actually means something. Yeah you're technically making BTC more secure by running a mining node on a home PC, but let's be real, your computer isn't doing shit compared to the ASIC mining farms who dominate.

No-City94

That's the best price I can find in my area. Use the old PC or notebook is cheaper. But I want it to be small and not take too much power. So Pi is my choice.

kingofbagger

on ledger live it still isn't verified I used ledger live mobile on Android phone and didn't know there is NO RBF on mobile ledger live only on PC not mobile app

Similar_Scar7089

Good question. What if you encrypted your seed on a Tails booted offline PC and copied it to a online PC then uploaded it to a couple of online storage providers for redundancy. Then when you want it back download it and copy it to another Tails booted offline PC to decrypt it. Obviously this is stupid and a complete waist of time because you'd have to remember a complex encryption password anyway but it's probably safe to do.

CryGlass974

I see. Do you know how to sweep with Electrum cause phone app don't have any option for sweeping. I think PC only.

Wise-Application-144

Theory for ya - It's always seemed weird to me that the CIA was into Bitcoin so damn early, when every other institution in the world is still skeptical of it 15 years later. It's also seemed weird to me that Satoshi nailed a working version on his very first time, without needing to iron out kinks or major bugs. Say it was originally developed by the CIA (or another government agency). Perhaps to undermine other nations' currencies or to use as a weapon if the BRICS abandoned the petrodollar. Developed and perfected over years. But then they don't want to release it because they realise it could destroy US fiscal dominance. CIA decides not to release it, but then Satoshi, a CIA employee, codes it from memory on his home PC. Stays anonymous, releases it into the world. CIA catches wind of it in April 2011, arrests Satoshi and asks Gavin to come present on what he knows in order to gather intel. Satoshi is tried in secret, Guantanamo style. CIA can't stop Bitcoin, but they keep quiet about its origins.

fonaldduck099

Sorry I didn't read until later on you were installing on a Pi 5. I initially installed as a dual boot on my windows, later on a mini PC. Never had much luck with Raspberries.

Odd_Monk_132

New software gets reviewed by groups of people. Generally people only make very small changes that are well looked at. You can be part of that process too and join the code review club. New code is also deployed on testnet to try out. Also most changes on the software don't touch consensus code. Some of the potential up-comming changes have been in limbo for 3 years because people are waiting to figure out if it's safe. Now here's the real kicker, people don't update all the time. The bitcoin consensus code is still compatible with the original Bitcoin client. If you sneaked in a change to consensus code to steal money then everyone who ran it would split on to a new network. So we're back to the Santa-clause style attack where you have to update everyone's PC at the same time.

Present_Bill5971

Ronin is my main average into now. It's onboarding game after game and Mavis Hub is a solid launcher. The potential is high as a game distibutor on PC and Android

Yodel_And_Hodl_Mode

Here's a great reason to run your own node: Every time you open your wallet app to check your balance, you're using somebody else's server. If you run a node, you can check your balances on your own copy of the blockchain. If this really a big deal? Sort of yes, sort of no. If you only own a few sats, don't worry about it. But if you own a whole coin, do you want anybody to realize the same IP keeps looking up the balance of the same address with that kind of balance? It's easy to run a node these days. Buy a cheap micro PC. Install Start9, which is free and open source. Once you have Start9 set up, you'll need to give it a few days to sync the blockchain. Then, do 3 one-click installs: Bitcoin Core. Electrs. Mempool. And then, finally, set up your Bitcoin wallet app to use your node instead of somebody else's. This is easy to do with BlueWallet, Sparrow, and Electrum, all of which I've tested and use.

PsyNo420

What up!! I started mining in the cents with some garbage made PC. Never would have thought it would become so mainstream. Life comes at you fast

Aussiehash

Don't do this. For those using a hardware wallet or seedsigner/etc, your mnemonic seed is hacker proof because it never exists in digital form outside of your hardware wallet. Don't type it into your PC, password manager, email or cloud

Epohax

Hi! I ended up running Bitcoin on my rack server I have at home that is running al my virtual servers in Hyper-V (so a Windows server) - mainly because that was the only server I had that 600GB free disk space at the moment. I tried running it on my own PC, and then point the Bitcoin data folder to my NAS, but the syncinc was horrendously slow. I only later learned that syncing the blockchain requires a large amount of IO on your hard disk, so doing that over the network is not advisable. I would even advise an SSD, otherwise it would be too slow. But yes - you can totally sync the blockchain on a raspberry pi with a usb hard disk attached to it - many people have! Or you can run it on your main computer as long as you have 600+GB of free storage!

SteveW928

Yes, that is pretty close. In fact each hash each chip does within an ASIC unit (usually 100s of chips) have such a chance. Hashrate is analogous to how many 'tickets' you have. Each hash would generate a 'difficulty' which even if very high, won't win if it isn't over the threshold. But, but the more hashes, the more chances you have of generating one that crosses that threshold. This is, of course, if you are solo-mining. If you are pool-mining, then it is still the same thing, except that having all the tickets, from all these chips and miners, makes it more likely one of the units in the pool finds a block. The 'gotcha' here, is that most pools have too high of minimum difficulty, that a PC won't generate enough of them to register as a 'worker' to the pool. That means you won't get anything, even though you're contributing, which would be the whole point of joining a shared pool. But, if you can make the code run on your PC, CPU or GPU, it will be mining Bitcoin. It might just take you - not hundreds, but hundreds of thousands - of years. The difference between CPU, GPU, and an ASIC is hard to grasp.

martyrobbinz88

Thanks! Trust me! I am, I actually spent for the first time ever this year, bought a full PC rig off newegg for pure BTC. Still blows my mind that I was able to do that without the govt getting involved trying to take a cut away from exchanging it first.

murkforgian

> if I mined on a PC it might take a hundred years for me to win No, if you mined on a single ASIC box, it might take a hundred years. A PC about ten million years --- See the hash rate: 650 Exahashes per second https://bitinfocharts.com/comparison/bitcoin-hashrate.html A typical new ASIC box hashes at 200 Terahashes per second. For a simple calculation, imagine every miner as one of these boxes. There are one million Terahashes in an Exahash 650E / 200T = 3.25 million There are about 50,000 blocks mined per year. If the 200T box is one in 3.25 million, it wins one block in 65 years Bitcoin mines about 1000 blocks per week. When the number of miners approached 1000, they realized it was inconvenient to be paid less frequently than once per week each. So they formed a mining pool or two. Whenever a member of the pool wins a block, the reward is paid to the pool. The pool then splits the money to its members (the miners) in proportion to their hash rates Not a lottery any more. Each pool is a large lottery syndicate. The miners are pool members, paid a steady income

chase32

Used to be part of my job to mine it. We had a grid scheduler that would try and route workloads to different compute resources depending on the best type and bitcoin was our cuda test resource, comprised of 5 gamer PC's attached to our network. Was custom code that would only run until it mined a single coin. They were worth so little that nobody even bothered to grab them off when we eventually shut down and decommissioned the hardware. There is probably a ton of coins out there that people just didn't value at the time and will never be recovered.

Icy9250

If you solo-mined on a PC, your odds are worse than a hundred years. Consider that just one modern ASIC today has more hash power than the entire Bitcoin network had combined up to 2013. There are tens of thousands of these ASICs out there.

malceum

Lots of bad answers here. If you mined on a "PC" you would have a very negative expected value. Bitcoin miners as a whole have a positive expected value because they use modern ASICs. Now, if you bought a modern ASIC and mined in an area with cheap power, you might have a positive expected value for a while. But your odds of winning would be too low to make mining worthwhile in a practical sense. You'd have to use a mining pool to mine any Bitcoin before your ASIC becomes unprofitable.

Vestrum_Nisi_729

Exactly! It's like having a single lottery ticket vs a whole pool of them. The more hashes you can generate, the higher your chances of solving the block and 'winning' the block reward. Your PC would need a crazy amount of luck to win against the big mining ops

zenethics

> if I mined on a PC it might take a hundred years for me to win With current difficulty, it might take like a hundred million years for a PC to solve a block.

Shyssiryxius

Hahaha, I have enough where I'll never be poor. Have realised it's enough to not trust others or hardware wallets with its security. It's really humbling to see how little Bitcoin core has changed. Yet everything else got so complicated. Bitcoin used to be this cool concept where I'd convert my seed phrase to a QR code and store under my bed. Address validation wasn't a thing and it's was easy to lose funds. It peaked around $120 bucks and everyone I talked to about it thought it was in a bubble! I remember this Russian exchange (btc-e) and chat box with a user 'fontas' who used to pump feathercoin like night and day. Didn't know it at the time big he must have been an OG whale. Can't say I didn't make a bit of money on those pumps... Wonder where he is now? Times changed and companies saw an opportunity to simplify custody and made it easier, but we seem to have come full circle and now 3rd party is risky again. Feels good to fire this up and dedicate a PC to protecting my generational wealth. Not only am I taking it all into my own hands but the memories from a decade ago it's made me remember from another life is really cool. Keep stacking mate, we can't rewind the clock and I made plenty of mistakes along the way. But it's the lessons we learn and people we meet that's important. God speed!

OGAcidCowboy

Back in 2010/2011’ish there really was next to no information online regarding Bitcoin. I could find brief articles about its existence and the shady nature of its use on the dark web. Bit of fear mongering, some very basic background regarding Bitcoin mining etc. Found no information about setting up a wallet (I actually ended up just getting my bitcoin deposited directly into my Silk Road account wallet… I realise this is a “no no” but I was getting frustrated about not finding help with how to set the infrastructure up and just wanted to “get in the game” asap… despite this being a “No no” it didn’t go wrong any of the many times I did a transaction this way, only time I lost any Bitcoin was in 2013/2014 when the FBI shut down Silk Road then Silk Road 2.0 whilst a had 1-2 Bitcoin sitting in my account…) The hurdle of having to get your head around the actuality of purchasing Bitcoin is what held me back from jumping on board until 2011. I was well aware of Bitcoin, Silk Road and the Dark Web prior to that point but everything I tried to get my head around Bitcoin my brain would scream at me to “back away from the PC…”

Mtownterror

The fact that part of his story involved someone with no crypto knowledge going through his PC history and apparently logging into a centralized exchange and seeing trade history should be all we need to read here

deviantgoober

I feel like a youngin watching old timers fall for the Nigerian prince and PC support scams over and over and over again like its Groundhog Day.

Vipu2

Yeah it works on PC/mac/windows/linux, probably not on mobile.

Bigt2025-Mansalive

Are you both talking about PC/Windows?

Bigt2025-Mansalive

I’m using an iPhone. Electrum is for PC, MacOS, and android according to their website.

Adius_Omega

I’d hold it on a hardware wallet off your personal computer all together. A wallet on your PC is only as secure as your PC is which is typically a good vector for attack in many ways.

AdFun4962

Yeah, but key for what? I think that it is a key feature for keeping the network active, adjusting according to the hash rate. Not to sustain the BTC value necessarily. If it would be very easy to mine BTC, it wouldn’t be so valuable. In the extreme case that for some reason every miner stops mining right now and a BTC block could be mined easily with a standard PC (a 2009 scenario) miners would immediately sell. However this scenario would attract immediately new miners and the cycle repeats. Ultimately we lived only in a scenario where BTC difficulty always has risen (apart from minor local drops). As long as this is satisfied, or at the very least as long as there is no strong drop in difficulty, the cost of new BTC might be kept high. It is very hard to predict if BTC will be sustainable. This question links to many scenarios, including a drastic reduction of the difficulty which might strongly affect the BTC price, but not its capability to be transacted

reputablepanda

Coldcard can easily be used without a PC. You can pair with Nunchuck on your phone.

stanley_fatmax

This sub shills hardware wallets - they can be useful, but also dangerous if not fully understood. Software wallets are a great option too. You own the keys, and can go as secure as you want, from a simple wallet running on your main PC to an offline device dedicated to running a wallet + encryption. Mathematically secure cloud backups are possible with software wallets, the lack of which is a real risk with hardware wallets.

toddgak

There is a PC game called ECO which is similar to Minecraft yet has deep economic simulation mechanics including currency. In a multiplayer game of about 30-50 people I was able to form government and establish a world currency (because it's SOOOo much more convenient then everyone using their own currency). I modeled it after a central bank and had controlled issuance given to the government so the government could buy resources it needed to expand. Before long the governmental palaces were immense and the stockpiles were overflowing before people realized they were effectively just working for the government. The guy making all the roads was grossly overpaid and it was at this point the economy started to collapse, so I passed a law to confiscate land titles of the abandoning players and started selling them to the rich players. It wasn't long after that the majority of the players quit the game because the wealth disparity was so great.

Ok-Grapefruit1284

Sorry, no. I don’t actually use a PC.

hypermodernvoid

Super late reply, but if I was them, and still had the hard drive, I'd absolutely be trying to do data recovery on it - it'd be beyond worth any trouble. I always have kept my old hard drives when buying a new laptop/PC. I replied to another comment above that I was lucky enough to have a coworker mention BTC back in early 2013 or so, because he was getting into mining. I was in my early 20s and only making $9.50/hour, so I could only part with $20. I was then lucky enough to totally forget about it, which is good, because otherwise I was riding the line often to overdrafting while trying to get through college, coming from a poor family, so sad as it is, there'd probably have been a point where I took it out to buy gas or whatever. At the end of 2017, my boss at a tech startup I'd began working for, mentioned BTC blowing up in price and suddenly I remembered that $20 I threw at it. It'd turned into $8k, lol. It's crazy to think if I'd had even $2k to throw in and not worry about, I'd have nearly made a million dollars.

analogOnly

Maybe contact them? I have it on my PC but haven't been using it. Bisq 2

Particular_Hawk_6660

Even with a top notch gaming PC you will not earn jack shit. It's more wear and tear on your equipment than it's worth. Try running node instead to support the network. No rewards but it is not hard on your PC either. You won't even notice it running.

StumbleMyMirth

You can mine on a home PC but you will not earn any bitcoin because it now requires expensive dedicated hardware (ASICs, and lots of them) to stand a chance in a highly competitive market. Can you enter a 100 meter sprint against an Olympic athlete? Sure, but you won’t win, you’re just too slow. It is not worth it for your PC. But if you really want understand the process, you can do it by hand with pencil and paper: https://youtu.be/y3dqhixzGVo?si=Yv3ZRAM2CX6TLwFM

warambitions

If on a single PC, then probably couldn't even tell. Minimal amount

BTCMachineElf

Absolutely not. If your PC is compromised, then when you log in to your PC with access to your google account, it can be read. If you have malware, it could be read as soon as you type it in, no matter where you store it. You should absolutely never type your seed into a computer ever. If you have your seed on google drive, it's time to make a new wallet. (well, maybe wait until fees are low)

cutsickass

I thought it was just her-PC.

womb0t

I mined on my gaming PC - 2080ti, before the halving.. I'd make about 1k aus every 4-6 months. I have 20 solar panels and my electricity bill went from 50-100$ Aus every month. Sooo half my profit adjust for electricity.... and I'd make nothing ish now. That's because the mining company's have warehouses full of miners, and a much higher chance of getting the blocks. So basically it's miner company vs miner company, unless you have a good mining set up and super cheap power somehow... you might get a lucky block Otherwise you are just collecting sats slowly like i was. I mined 2 years, didn't get a block with PC. And its twice as hard now.

neda6117

Quest 3 is great but only if you have good PC. I play simracing games with it and except that(and sometimes eleven table tennis) you dont really have that much good games that you will play everyday. But for simracing,oh yesss

cdog_IlIlIlIlIlIl

To keep your private key off your potentially insecure devices such as your PC. You still need to store the seed safely (offline)

Archophob

if your PC get's fried, dump the mainboard, but always keep the HDD. Dang, why did i stick to this rule but only bought BTC after the pandemic...

iiSquatS

I don’t understand your question. I was 13, my brother was 17, when he first bought it. That was 22 years ago. We heard about it (like most kids) playing online games on the PC. We didn’t know much about it at the time, we thought you bought $100 worth of bitcoin, then you get Bitcoin to use/spend on purchasing online games or online cosmetics. At the time that was our understanding of it.

keepYourMonkey

I was a tech nerd giving advice on techspot.com forums back around 2010 onwards, they had a section on there dedicated to Bitcoin and how to mine it on your home PC. The concept always interested me but sadly I never bothered to try. I often wonder how many potential millionaires were made from that nerdy forum section full of geeks sat at home in their bedrooms. Obviously still kick myself to this day, but nobody has a crystal ball and hindsight is a wonderful thing.

Divided_Pi

Read a wired article in 2010-2011 about a new coin being touted by the cyberpunks. Read up on it, set up a node on an old PC tried mining. The GPU was too old to mine even then. So just had the node set up for a few months in my room just tinkering. Was too broke to actually buy BTC because I was in college. Made sense to me, everything else was going digital, why not money? Been keeping tabs on it ever since. Used to be more evangelical about it, but now my interest ebbs and flows. Always happy to talk about from those interested, but a lot of people have already made up their mind one way or another

chloe_priceless

i would think more like 99% who where early didnt realize the potential of that and doesnt bother on the "money" kind of stuff. And at the beginning in 2009 there where only this network effect stuff and mostly nobody cared. CPU Mining was easy with a Laptop or PC but it wasnt usable during mining times. And you have to be on the right mindset to get a climps of that so early. I was 17 when i discoverd BTC (2009 - IT Nerd and had some IT Mailing lists) and until 25 i didnt bother to save money i lived from paycheck to paycheck. So thinking about Bitcoin or so didnt make much sense back in the days. There where more brain cells attached to buy makeup or cloth or drinking with friends and start your live after school and do your first Job and Training.

fverdeja

The first time I heard about Bitcoin was in 2011 when a Youtuber I followed mentioned it as "the deep web's money" (DrossRotzank, the first Latin American ever to live off of Youtube), my first thought was "Interesting" because it was Open Source money and I'm a huge FOSS advocate. The thing is, I started mining it but I could do nothing with it, Bitcoin-qt took like 3 days to sync with my 2MB internet connection (The whole chain's size was 3 GB at the time), there wasn't much info about it online, and most of it was in English, a language I didn't speak at the time, so after seeing how long it took to sync, that address were not human readable, the only way to back the coins up was by storing the wallet.dat file in another disk and that it made my PC go incredibly hot, I said "FUCK, THIS SHIT DOESN'T WORK". I re-discovered later and now I save in Bitcoin, run a node, and I'm a huge advocate for the changes that are coming to Bitcoin such as covenants, and things like BitVM, Drivechains and Lightning.

sgtslaughterTV

Your grandma can write down 12 words on a sheet of paper. To be real, the general idea is that if you keep your crypto in your own self-custodial wallet, either on your smartphone or your PC, then you throw the PC out, you can still recover your crypto. Generally speaking it's a vault where you can store your "digital gold" and "Digital stocks" and you can clone the key multiple times, but if you're on a boat and drop that key to the bottom of the mariana trench, it's gone forever - Unless you have that key backed up.

Frogolocalypse

You one month ago: > > 30K loss funded by my great grandmother's inheritance. Picked one of the worst times to be a bitcoin bear. Been shorting since 38k. > Hahaha bro has literally the same trades as me, if I was on my PC I would share my screen. 20k gone since jan. You people just can't stop lying.

Frogolocalypse

> I’ve been shorting since 73k down to 61 and then again since 72k down to 60 and this bitch is going lower :)) Prove it CheapChemistry8358. Show the posts where you said "I'm starting to short now". EDIT: Hilarious; You one month ago: > > 30K loss funded by my great grandmother's inheritance. Picked one of the worst times to be a bitcoin bear. Been shorting since 38k. > Hahaha bro has literally the same trades as me, if I was on my PC I would share my screen. 20k gone since jan. You people just can't stop lying.

canadas

It will probably be a tough road, for an amount of money you don't seem to be sure of, maybe its $100, maybe its much more. If he was using exchanges that used strong Know Your Customer rules, and kept his BTC on them maybe you could prove death and gain access, but again probably a long road to travel. That assumes the exchange (which you don't know) even entertains such things. If it was all stored locally on a PC or otherwise and you have no idea of the password I'd assume pretty much impossible. Sorry for your loss, I hope things work out for your family

Ancient_Potential_96

Definitely PC answers. As a CEO of a publicly traded company, he has to be careful with his statements. His metaphors give you an insight into his true intentions (in a good way)

Late-Tower6217

Look for password managers like Bitwarden on his phone or PC

ClysmiC

Sorry for your family's loss. I would check (to the extent you are able) PC browsers, phone browsers and apps, and email. Look for names of popular exchanges like Coinbase, Kraken and Binance. Here are some more: https://coinmarketcap.com/rankings/exchanges/ I'd also check for popular phone apps that could be either exchanges or wallets: Strike, River, Muun, Blue Wallet, Green Wallet. Also look for signs that he had a hardware wallet. Maybe you could look for emails from one of these companies: Coinkite, Blockstream, Trezor, or Ledger. If you can find how his coins are custodied then we can probably help you further. Final word: be wary of scam emails. Lots of scammers will send emails posing as Coinbase support or whatever to try to get you to log into their phishing sites. Use common sense and don't click any email links.

Just1_More

PC answer. He's shorting the dollar and longing bitcoin. He's doing this in a very open way, explaining his strategy so many other companies could imitate Microstragety. Anytime you threaten the dollar, you put a target on your back. This is why he has always referred to bitcoin as a digital property.

LowestCommmonDenom

Same thing almost happened to me in 2018 when I first started in crypto. They hijacked my issue I sent to Coinbase and called me impersonating Coinbase. My job saved me. I worked for the Navy. And we can’t connect our laptops remotely. Had I been home, I would’ve given them access to my PC. It was regarding Coinbase needing to increase my withdrawal limits. I realized it was a scam when they asked the password for my yahoo email. I should’ve known better because Coinbase will never ask to connect to your computer. I didn’t lose anything but it was a close call. I have significantly educated myself on scams ever since. Phishing is a big thing. And scamming is a full time job.

ArnzenArms

Anything more than 2 of 3 is probably too much. This approach lets you actually lose one of your keys or have one get compromised and still be good. I would only do something like a 4 of 4 if it was a shared custody thing with people I don't trust and amounts I'm able to lose. Generate all the keys on hardware totally offline Export the xpubs from the hardware devices in an air-gapped fashion into Sparrow on PC to make the multisig wallet. Since you aren't using keys, it can be connected to the internet. You can use Blue Wallet to watch the multisig I think. I haven't tried it but I don't see why not. I suggest using Sparrow above because I know you can create the multisig with Sparrow using keys generated by most (all?) hardware. I don't know if Blue Wallet can easily import xpubs from just any hardware wallets.

0x07AD

No, the difficulty adjusts automatically and commodity PC hardware run by individuals was the way bitcoin mining started in 2009. The factors influencing the difficulty adjustment are part of the protocol which ensures the bitcoin network can create a new block approximately every 10 minutes.

you_cant_see_me2050

- There's no guaranteed money printing machine here, bud. The rewards for running a node can vary a bunch, depending on the crypto and the market. Do your research before diving in to see if it makes sense. - You can definitely run some nodes on a home server. Bitcoin, Ethereum, and Litecoin are some popular choices. Just make sure your server meets the requirements for the specific node you pick. -Running a node on a gaming PC might work, but it's not ideal. Gaming PCs aren't built to run constantly, and they can guzzle a lot of power. If you're serious about running a node, a dedicated server is the way to go. -There are a bunch of websites that list different nodes you can run like **Nodewatch**

meetpi314159

I asked a nice Indian IT guy to check on my bitcoin for me. I got lucky when he called me to warn me about errors on my PC which were about to get me banned from the internet. Glad I’m safe now. What a nice young man. 😊👍🏼

BitcoinAcc

Your impression is incorrect. For security, it only matters that the input happens directly on the device instead of on the connected PC (or phone), where it can be intercepted and/or manipulated by malware. It does however not matter if that input (on the device) happens with physical buttons, a touch screen, or whatnot.

Normal-Jelly607

1. People left their coins on their node which was usually their PC, internal hard drive 2. It would have been wise to move coins to cold storage once they were mined 3. Stealing keys has always been a thing

brianddk

A) No, most run nodes for privacy, not profit B) Most every node is designed to fit in a server C) Can run on gaming PC, but will lack the fault-tolerance of a server. D) CoinMarketCap.com I suppose. Each coin links to the source code / repo In general terms, you are rarely going to make enough running a node to pay for the price of electricity and hardware. But you can get some services for "free" if you run your own node. This is a boon for stuff like CoinJoin which is a costly business in BTC. Most profit comes in certain types of mining (still razor thin margins). And mining usually requires you run a node to serve blocks. But you don't make money from the node, but rather from the miners.

0x07AD

Individuals running comodity PC hardware would start mining bitcoin as it should have remained from the outset before the expensive ASICs arrived and corporations started mining.

neo101b

No idea, I just buy and forget. There were a few places I bought vaporizers from. I am looking to buy a new PC. I think Scan accepts crypto, so I will use that. I'm not sure what the laws are on using it to buy products in the UK.

WoveLeed

Mined some BTC in 2009 and thought it wasn't worth it to let my PC run all the time and lost the wallet lmao..

jpowell180

Just imagine if you would’ve heard about bitcoin in 2009 when it first came out, and decided, just on Lark, to do a little bitcoin mining with your desktop PC… Imagine if you would’ve kept that bitcoin, miner running in the background for about six or seven months, how many bitcoins do you think you could’ve had by then back in 2009?

Defiant-Dig2487

I've been around since 2010, mined BTC with my gaming PC back then. I'm not a millionaire cus I've kept taking gains. So instead of taking gains and re-investing them, I spent it on vacations, drugs, hookers and all the shit you shouldn't do. Shit happens, enjoy life.

Perryl-

Oh yeah, I have a very large collection of dead alts. So many ICOs. So many different coins to mine, stake, etc. there was a time when I would have 20 wallets open on my PC all staking. All are dead now. Every single one.

poyoso

You don’t receive airdrops to your PC. Do you know how blockchain works?

Quixote0630

Don't store your cold wallet secret key online, or on a PC or phone, not even in a service specifically for storing passwords securely. Sure the service provider likely won't be hacked, but this person only had to gain access to OP's Gmail to get into the password storage. Write it on a piece of paper, in a notepad or whatever, and look after that thing. If you do this and still get your coins stolen, at least you can narrow it down to the people with access to your house.

CoolGap2

I mostly watched from the sidelines and after Mt. Gox went down in 2014 and Bitcoin crashed I genuinely thought it was done for good. Also I was like 14 back then and didn't have money to invest. Just played with shady LTC miners on my old PC barely earning anything and ended up selling everything for a pittance.