It was very slushy still today and I really didn’t feel like walking to far but Dog-oh talked me into taking him down to the park. I spent the day just pacing around and cleaning to get the rest of the steps.
The weather looks like it will be better for the next few days but more snow is possibly in the forecast.
Crypto News
I heard today that Cryptopia has had the investigation finished and should be able to open up any time if they want. Nothing was really said about details of what happened, like how much was lost or recovered.
I don’t think anyone really expects them to open back up, at least I don’t anyway. Not that I’m complaining; it would be great if they opened up again.
For more details see: New Zealand Police Say Cryptopia Is Ready to Resume Trading, but Platform Remains Offline
I’m dusting off the old Antminers and seeing if I can get some code to compile so I can do some experimental stuff with them. I’d taken these off-line a long time ago but there are a few things now that seem promising to do with them.
I’ll bet these will make a nice conversation item at some future point. They do make for an interesting picture at least:
The Antminer – click for viewing full screen
The SEC seems to be wanting to crack down on decentralized exchanges. That doesn’t bode too well. If I were them I would take the opposite stance and encourage innovation. Decentralized Exchanges Under Fire: SEC Strikes Again
Nova Exchange doesn’t even want to deal with customers from the USA because of overly restrictive regulations. Oh come now what’s the worst that can happen? Wind up in Supermax with El Chapo the next cell over? ‘El Chapo’ likely to join some of nation’s most notorious criminals in Colorado's ‘Supermax’ Oh come now guys at Nova Exchange - have a little fortitude, tax laws aren’t that bad in the USA, lol. (Just kidding around as usual)
Opinion – Why harsh economic controls don’t work well
I think the SEC is overly concerned with regulatory action mostly to impose economic sanctions on countries. I personally don’t believe that economic sanctions on countries are a good idea.
Historically economic sanctions against Japan and reparations against Germany were some of the main causes for the conflict of World War 2.
Sanctions against countries tend to do more harm to the citizens at the lower end of economic spectrum and don’t harm the leaders or rich people of the country as much. Poor, desperate people are easier to control and more likely to go to war against people they feel have caused their problems, imho.
Heavy duty anti-money laundering laws for crypto won’t really stop large organized crime from using cash or other means to move their money. Outlawing cash (or crypto) is big civil liberties problem and could allow the government and banking industry complete control of the population.
Requiring personal identity in order to trade crypto puts individual investors at risk from potentially bad acting wealthy institutions. It is bad enough if these institutions give out your e-mail address, loss of delicate personal identification with your real address and picture, would be worse. Many of these centralized exchanges can’t even protect their own private keys, how do we know they can protect our identities? With crypto your the bank but you don’t necessarily have the means to protect that bank in the way a large rich institution would.
In any case, many of these issues would not be so serious if there were less of a rift between the wealth of the very rich and the extremely poor – that goes for people as well as countries.
Thanks for reading! I always value your support and comments. The pictures were taken by me with my Galaxy S9+. Text and graphics copyright 2/13/2019 lightsplasher & litesplasher.
Yes everything is puddles and mud here. Worst part is the snow melts but then refreezes when the sun goes down and things become super slick!
Hope your Valentines was good.
That very useful article and valuable. so great work. thanks for sharing.
@lightsplasher
have a nice day
Good post. I also think that cryptography will no longer work, and all this investigation is for consolation only.
Thanks for the info. I didn’t know that cryptomania is investigating and hoping for something else. Although it’s probably useless
Excellent review @lightsplasher and I think that the Cryptopia will now not be easy to regain the trust of people!
Oh yes @lightsplasher, interesting news and you are right, tight control over the crypto not lead to anything good!
It will be interesting to see crypto pia reopen their platform again for trading, it will help to build back investors confidence and the market will be positive again. And for the sec I do believe they are just fighting a lost cause because decentralize exchange is for the future because it makes our funds to be safe from hackers
Agreed. Also if hackers take from individuals it is really not such a nice thing to do (especially if it is from me. LOL, just kidding, it does bother me if they take from anyone.) Decentralized exchanges have a lot of good points to them and I think the governments will eventually think so.
great work.
i have to learn a lot from you @lightsplasher
great job, i like cryptocurency, good luck always at work.
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@lightsplasher, Weather hold great influence on our mood sometimes for sure. Sometimes we want to see clear weather but unfortunately we can't. Enjoy your Actifit and Steem journey.
So much is going on in Crypto World.
Stay Blessed.
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I so hope the snow stays away for you (and me, too) 💖 I was pretty surprised how much housework can add up to actifitivity wise, especially with a fitbit 😍💪 its been my saving grace on some days as I try really hard not to miss a day with Actifit. I'm super happy to have earned my way up to my present rank of 48.5 🙏🙌 but I'm definitely a little too emotionally attached to actifit for sure 😂😂😂
That is a really interesting photo. Im not familiar with antminer and haven't done any coding ... That's all way over my head haha. I'm learning more about crypto though and loving it.. So who knows maybe one day I will break into more techy things like coding and such..probably not tho if I'm brutally honest with myself. Although there is genuine curiosity I don't think I can handle it. I enrolled in a MCSE course many years ago and literally dropped out by the end of the first class 😅😂😂 how sad is that? 😅😂 But I suppose anything is possible...I have grown and changed alot since then 💪💕
As for the tax codes..I'm hoping crypto causes such a massive disruption to the system that it can't help but dissolve 💪💪💪💖 That's what I'm aiming for and just trying to stay patient and trust in the process 😍
I hope your Thursday is flowing with much awesomeness BeautyFull 🙏
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Boy, I'm getting very emotionally attached to Actifit too. 😂😂😂
Lots of the software has been written so it is not that tough to get into things at some level, depending on what you want to do. You might find it pretty interesting to get into it more.
Well said on the tax codes. There are so many influences that point towards the present system dissolving and disrupting as is. There is no doubt in my mind that the present system is unsustainable and it is time to start planning and working towards solutions that can be of benefit to the entire world environment, people, plants, animals and minerals. (I know I risk sounding too woo woo or something, LOL) :D
Thanks for commenting.
I hope cryptopia doesn't open again... that shity exchange shouldn't have any place in this space, same goes for hitbtc, from what I read when the proof of keys happened they had some problems, cant' remember exactly what...the fees are really high too...
What are you thinking of doing with that antminer? I still live with my parents so I can't buy one and use it, my father would probably have an heart attack when the electric bill arrived...
Imo, with the state the US is, the amount of debt, the amount of loans, especially student loans, if the SEC tries to anything that results in sanctions against other countries it will only end up harming the US...
I believe US monetary policy does a lot of sanctions against countries right now. There are many on the, "do not do any business with list." The SEC policies help police this as far as I know.
I might use the Antminer to go after BitcoinLE. I'm not sure if it will work or not at this point but I need to compile a Linux version of the mining software and test it out. This is a very low energy requiring coin that uses SHA256d and there is not a lot of mining on it yet. Basically it only mines every so often when a metronome signals a new block is ready for mining. This saves a lot of energy on CPU and GPU mining but I'm not sure if ASIC's will save much power. CPU mining is all washed up at this point but GPU might be worth trying if I can get that working. Just one of these Antminers don't take much power though (much less than a CPU or GPU) and it might produce some coins if I can get it working.
If the hash rate goes up, I'll probably throw it back into retirement again, I hate to waste power when I don't need to.
I thought about buying a used antminer online... but don't know how bad they get with reuse tbh, need to search BitcoinLE, first time hearing about it, but that whole metronome signal sounds really good and power saving! Doesn't it have security issues?
I might try to mine with my MSI GTX970 OC... need to get a script running on my other pc...
I am not sure I would purchase any SHA-256 specific hardware at this point unless you like playing around with stuff. There seems to be many better opportunities out there now for making coins.
Any low hash rate PoW coin has security issues. Usually the hash rate goes up as the coin gets more valuable though.
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