/mlpol/ - My Little Politics

>>92863
The value of Bitcoin remains unaffected though, interestingly.

>>92866
Non-NiceHash people don't care. NiceHash people are panicking but have no way to affect the market. People serious about cryptocurrency security don't let others run their wallet. There is also the slight possibility that the NiceHash people themselves ran off with the money.

>>92863
Yep. I made a post about it in the other crypto thread. My previous earnings were paid out to another wallet according to their payout schedule. Specifically they transferred funds to my wallet on the first Friday after my unpaid balance exceeded 1/100 btc.

I'm out my unpaid balance of ~$70 that would have been paid out in a few weeks.

Moral of the story is keep your funds in a wallet that you control.

>>92867
I am contemplating looking into setting up another miner in the interim. I still like the concept of my pc working towards its upgrades while I'm afk.

Nicehash was pretty much the lowest of the low hanging fruit for joining a mining pool. It going down essentially just removed a lot of competition for mining certain coins.

However I already have plans for my evenings until this upcoming weekend, so I might miss out on the opportunity to get a few days of mining with less competition.

Now, I am uneducated about bitcoin and block chain, but isn’t the argument that bitcoin can’t be controlled by (((them)))? But if we store the money in electrical/digital form, won’t the elites still control it by means of controlling our power supply and other similar methods? How can you trade without power? Maybe I’m not understanding the full extent of this or something.

This seems to be the bitcoin wallet those bitcoins went to according to leddit: https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

Slashdot calculates it at $62Million
https://it.slashdot.org/story/17/12/06/2153240/nicehash-hacked-62-million-of-bitcoin-may-be-stolen

>>92877
>>92863
This is one of the big downfalls of cryptocurrency. There have been several hacks and millions upon millions stolen with no mechanism to identify or stop those who stole it from using it freely (if they do it right, and I assume if you are able to hack the marketplace you know what you are doing).
Also on a sidenote, if quantum computing becomes a reality won't crypto currency loose all its value as it will become a trivial task to mine coins?
>there is much I don't know about crypto currency as I never bothered to actually look seriously into it. I was wrong in my initial assumptions of potential value, but so was the man who bought a pizza for 2000 bitcoins.

>>92883
Quantum computing is impossible. It's never going to be possible. I feel confident in saying that because computers cannot and will never achieve infinity.

>>92891
http://advances.sciencemag.org/content/3/2/e1601540.full
Infinity is not something reachable anon, it's not even a number.
Quantum computing will be something we will see whitin or lifetime thanks to the exponential growth of technology.
That is, if we don't blow ourselves up first.

>>92883
>This is one of the big downfalls of [cash]. There have been several [thefts] and millions upon millions stolen with no mechanism to identify or stop those who stole it from using it freely (if they do it right, and I assume if you are able to hack the marketplace you know what you are doing).

Confidence in cryptocurrencies was barely affected by this. The only thing learned is the number 1 rule of cryptocurrencies, control your own wallet, don't let others control it for you. This isn't a cryptocurrency problem this was a human problem.

>>92891
Enjoy: https://en.wikipedia.org/wiki/D-Wave_Systems

>D-Wave Systems, Inc. [1] is a quantum computing company, based in Burnaby, British Columbia, Canada. D-Wave is the first company in the world to sell quantum computers.[2]

>The D-Wave One was built on early prototypes such as D-Wave's Orion Quantum Computer. The prototype was a 16-qubit quantum annealing processor, demonstrated on February 13, 2007 at the Computer History Museum in Mountain View, California.[3] D-Wave demonstrated what they claimed to be a 28-qubit quantum annealing processor on November 12, 2007.[4] The chip was fabricated at the NASA Jet Propulsion Laboratory Microdevices Lab in Pasadena, California.[5]

>>92913
True enough.

>>92914
It's worse than your average smartphone but yeah it's a start I guess

>Google translate: The owner of the company [NiceHash] with a share capital of half a million euros is Bitorious (45%) based in Dornberk, its director is Marko Kobal, and 55% of the company is owned by H-Bit. The owner of H-Bit is Martin Škorjanc. An interesting fact is that Martin Škorjanc is the father of Matjaž Škorjanc, who was arrested by Slovenian criminals a year ago for online cyber crime with the help of the US FBI in Maribor.

https://www.zurnal24.si/slovenija/okradli-slovensko-podjetje-stranke-ostale-brez-56-milijonov-evrov-301488

>Matjaz Skorjanc, aka iserdo aka serdo, 28, of Maribor, Slovenia; Florencio Carro Ruiz, aka NeTK aka Netkairo, 36, of Vizcaya, Spain; and Mentor Leniqi, aka Iceman, 34, of Gurisnica, Slovenia, are each charged in a criminal complaint with racketeering conspiracy; conspiracy to commit wire fraud and bank fraud; conspiracy to commit computer fraud, access device fraud and extortion; and substantive computer fraud. Skorjanc also is accused of conspiring to organize the Darkode forum and of selling malware known as the ButterFly bot.

https://www.fbi.gov/contact-us/field-offices/pittsburgh/news/press-releases/major-computer-hacking-forum-dismantled

Is daddy into cyber crime as well?

>>92914
Huh. So… How does it work? How does it Quantum?