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Topic: beginners be very carefull - page 4. (Read 9313 times)

sr. member
Activity: 574
Merit: 251
January 08, 2016, 03:56:06 PM
#73
I got one question when we are already talking about cloudmining. Wanted to invest myself into some cloudmining site , does it exist anyone thats worth geting a contract on?
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
January 08, 2016, 01:04:59 PM
#72
I'm going with one thought on my mind, "How to earn something without investing anything or very little", so I don't get into any situation like you did.
sr. member
Activity: 499
Merit: 304
January 07, 2016, 04:58:49 AM
#71
question 1:
so, taking online wallets in considering,
with my blockchain.info (hot) wallet,
and my identifier (circa 36 characters),
with my outstanding password and second password,
is that enough safe for an online wallet?

question 2:
the backup file is called: aes.json ?

question 3±
de paper wallet consists of only the private key?

legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
January 07, 2016, 12:39:05 AM
#70
Good thread you made. Hopefully newbies will not fall into cloud mining scam after reading this thread. Many Some newbies are lazy, I would suggest you to edit your post and add in a extra large (font) TLDR saying "Do not invest in Cloud Mining!".
full member
Activity: 238
Merit: 100
January 07, 2016, 12:16:57 AM
#69
some of cloud mining is a scam...its why i never use cloud mining...
in my opinion...maybe some of cloud mining site is a ponzi site
hero member
Activity: 588
Merit: 500
January 06, 2016, 08:21:16 PM
#68
Again, I have to say it, Cloud mining is not profitable and even if it is, they are keeping the profit for you will be lucky to see it on your end once they charge all the fees and things.  The ones that look real good are usually scams.  Cloud Mining is garbage. 
sr. member
Activity: 406
Merit: 250
January 06, 2016, 06:16:11 PM
#67
its better not to mine anything in my opinion
newbie
Activity: 9
Merit: 0
January 06, 2016, 04:23:57 PM
#66
that is why I have never invest in these mining sites
sr. member
Activity: 499
Merit: 304
January 06, 2016, 04:02:48 PM
#65
I just did it, but it was a big number

thanks for you lesson



AND NOW MY ULTIMATE QUESTION:
so, I will stay with my blockchain.info (hot) wallet, and my identifier (circa 36 characters), with my outstanding password and second password, is that enough safe for a online wallet?
legendary
Activity: 1806
Merit: 1164
January 06, 2016, 03:56:52 PM
#64
Hi Guys ,
 i just sign up with genesis mining  5 DAYS AGO  65 dollars for 2.5 hashrate x11  1 years contract
after 5 days i made my calculation and this is the conversation i had with genesis support today!
So just be carefull when you sign with genesis mining they will rip off your money!


#21538 Hashrate
D
Davide
reported a day ago
Hi, just i am wondering why i do earn so little! if i make this little coin i will never get my money back!
H
Helmut
said 4 hours ago
Hi Davide,

your payout seem to be ok.
you can get a rough estimate on www.coinwarz.com
insert there your x11 hashrate, scroll down to START or DASH coin -> there you will see the rough estimate from mining. due you are converting this in other cryptocurrencies, you have to make the conversion as well.

Best regards,
Helmut
Genesis Mining

Ticket: http://genesismining.freshdesk.com/helpdesk/tickets/21538




D
Davide
said 4 hours ago
Hi Helmut,

So i did pay 65 dollar 1 years contract to earn 2 or 3 dollar every month, do you think this is right for you?
this is my earning this 3 days please have a look...
x11 NMC balance of 0.1019889 successfully added to your account on 2015-12-23T12:00:00+00:00
x11 DRK balance of 0.01618999 successfully added to your account on 2015-12-23T12:00:00+00:00
x11 DOGE balance of 156.90991667 successfully added to your account on 2015-12-23T12:00:00+00:00
x11 NMC balance of 0.09533103 successfully added to your account on 2015-12-22T12:00:00+00:00
x11 DRK balance of 0.01419602 successfully added to your account on 2015-12-22T12:00:00+00:00
x11 DOGE balance of 145.43214024 successfully added to your account on 2015-12-22T12:00:00+00:00
x11 NMC balance of 0.10861577 successfully added to your account on 2015-12-21T12:00:00+00:00
x11 DRK balance of 0.01901324 successfully added to your account on 2015-12-21T12:00:00+00:00
x11 DOGE balance of 61.82204681 successfully added to your account on 2015-12-21T12:00:00+00:00
H
Helmut
said 4 hours ago
Hi Davide,
well, we do not make any calculations, we just provide hashpower.
and with 2.5mhs you will earn currently and this is close to your payouts you got first when you had your settings on BTC


Best regards,
Helmut
Genesis Mining

Ticket: http://genesismining.freshdesk.com/helpdesk/tickets/21538




D
Davide
said 4 hours ago
  I did change  configuration to all my 2.5 MH to  Dash coin ,than i will earn 5.9 dash every month? is this correct?  sorry to bother you again!
H
Helmut
said an hour ago
Hi Davide,
no, when you check out the site a gave you, you will see that you need currently 5900 days to earn one BTC.
or will earn per day currently
0.00015638 BTC / day
then you need to backcalculate the BTC to the DASH exchange rate, currently 0.00574 BTC/DASH. then you get your DASH
I know this is complicated, but this in the nature of cryptocurrency.
We try to be transparent as much as possible to our customers.
Best regards,
Helmut
Genesis Mining

Ticket: http://genesismining.freshdesk.com/helpdesk/tickets/21538




D
Davide
said an hour ago
Ok than i m really stupid ....i have paid 65 dollars to make in one years 30 dollars or less, this  dasnt make any sens for me! this is not transparent ...in my house is called ripp off people around
H
Helmut
said 22 minutes ago
Hi Davide,

like I already told you, we do not make the calculations of ROI, we just provide hashpower.

Best regards,
Helmut
Genesis Mining

Ticket: http://genesismining.freshdesk.com/helpdesk/tickets/21538




D
Davide
said 10 minutes ago
Yes you make calculation for your profit! And this is called Ripp off!
And you will have on the major website ours nice conversation! so people should start to think about you!

I will start from bitcointalk!

Thanks




Merry Crysthmas to everyone!

Sorry for your loss. Consider how you would feel if you had invested several thousand dollars? Genesis Minining is legitimate, meaning they have the hashing power they claim to have, they just charge more than the competition and there is no out for you ... once you own Genesis Mining hash you cannot sell it. When halving comes next summer all the contracts currently being sold will have fees greater than revenue, will be underwater and cancelled. That is when the lawsuits will begin.

If you need to buy hosted mining buy from a company that has an exchange you can sell your hash on at any time if you change your mind. Hashnest is a good choice. You do need to be careful what contract you buy though. This close to the block halving I would only be buying S7 hashing power. The other options will likely be underwater and cancelled after the halving. Knowing Hashnest I also expect they will have a new option better than S7 come this summer.
staff
Activity: 3458
Merit: 6793
Just writing some code
January 06, 2016, 03:46:25 PM
#63
oke, thenks thanks.., so when i go into that wallet and choose IMPORT/EXPORT....

then I can see my private key?


And when i see my private key, that is the moment that I alone must see this?
in other words: dangerous, secret and so on?
Yes. It can be dangerous if there are Bitcoin's associated with that private key. Exposing your private key makes it possible for people to steal it which can lead to them stealing your Bitcoin. If you have no reason to look up your private key, then don't do it.
sr. member
Activity: 499
Merit: 304
January 06, 2016, 03:43:44 PM
#62
oke, thenks thanks.., so when i go into that wallet and choose IMPORT/EXPORT....

then I can see my private key?


And when i see my private key, that is the moment that I alone must see this?
in other words: dangerous, secret and so on?
staff
Activity: 3458
Merit: 6793
Just writing some code
January 06, 2016, 03:36:46 PM
#61
whow

here i got a code, that is called "identification"
and it has 8 characters and/or digits and then a division mark (like this: "-")
then 4 characters and/or digits and then a division mark (like this: "-")
then 4 characters and/or digits and then a division mark (like this: "-")
then 4 characters and/or digits and then a division mark (like this: "-")
then 12 characters and/or digits

is this the private key or public key?

by the way, I'm using the blockchain.info wallet, I think
Neither, that is the blockchain.info wallet identifier. You need to go into that wallet and go to the Import/Export tab to be able to see and export the private keys.
sr. member
Activity: 499
Merit: 304
January 06, 2016, 03:28:50 PM
#60
whow

here i got a code, that is called "identification"
and it has 8 characters and/or digits and then a division mark (like this: "-")
then 4 characters and/or digits and then a division mark (like this: "-")
then 4 characters and/or digits and then a division mark (like this: "-")
then 4 characters and/or digits and then a division mark (like this: "-")
then 12 characters and/or digits

is this the private key or public key?

by the way, I'm using the blockchain.info wallet, I think
legendary
Activity: 3528
Merit: 4945
January 06, 2016, 12:55:48 PM
#59
can you give me an example of the private key
can you give me an example of the public key

Sure.  What format do you want?

Private key in WIF:
5Kb8kLf9zgWQnogidDA76MzPL6TsZZY36hWXMssSzNydYXYB9KF

Private key in WIF for compressed key:
L53fCHmQhbNp1B4JipfBtfeHZH7cAibzG9oK19XfiFzxHgAkz6JK

Private key in hexadecimal:
E9873D79C6D87DC0FB6A5778633389F4453213303DA61F20BD67FC233AA33262

Private key in base64:
6Yc9ecbYfcD7ald4YzOJ9EUyEzA9ph8gvWf8IzqjMmI=

Public key in hexadecimal:
04 588D202AFCC1EE4AB5254C7847EC25B9A135BBDA0F2BC69EE1A714749FD77DC9 F88FF2A00D7E752D44CBE16E1EBCF0890B76EC7C78886109DEE76CCFC8445424

Compressed public key in hexadecimal:
02 588D202AFCC1EE4AB5254C7847EC25B9A135BBDA0F2BC69EE1A714749FD77DC9

sr. member
Activity: 499
Merit: 304
January 06, 2016, 12:47:44 PM
#58
allright, that is very technical

can you give me an example of the private key
can you give me an example of the public key
legendary
Activity: 3528
Merit: 4945
January 05, 2016, 10:42:54 AM
#57
hi guys, here peter from the netherlands

simple question, I hope:

in blockchain.info, wat is the PRIVATE key and wat is the PUBLIC key

in other words, how does private key and public key look like?

thanks in advance, have a healthy 2016

Generally with a blockchain.info wallet you won't see the public or private keys for your bitcoins unless you make special effort to find them.  If you create a backup of your wallet, they will be stored in that backup.

The private key is a number randomly chosen by the software between 1 and 115792089237316195423570985008687907852837564279074904382605163141518161494336
(when represented in base 10).

That number can be represented in any of various forms such as binary, hexadecimal, octal, decimal, base58, or Wallet Import Format (also known as base58check or WIF).  The most common format you'll probably find it in will be WIF (Wallet Import Format) which will start with either a "5", "K", or "L" and consist of an additional 50 (if it starts with a "5") or 51 (if it starts with a "K" or "L") letters and numbers.

The public key is the X and Y coordinates of a point on the secp256k1 curve.  As such it is 2 very large numbers.  It may also be represented in "compressed" form where the X value is given along with an indication of whether the Y value is odd or even.  From there the Y value can be computed when needed.

The public key can also be represented in any of various forms such as binary, hexadecimal, octal, decimal, or base58.  To most common form you are likely to see it in is hexadecimal (where upper or lower case don't matter and the only valid letters are A, B, C, D, E, and F) which will start with 04 (or 0x04) followed by 128 letters and numbers for uncompressed or either 02 or 03 (or 0x02 or 0x03) followed by 62 letters and numbers for compressed.
sr. member
Activity: 499
Merit: 304
January 05, 2016, 10:02:30 AM
#56
hi guys, here peter from the netherlands

simple question, I hope:

in blockchain.info, wat is the PRIVATE key and wat is the PUBLIC key

in other words, how does private key and public key look like?


thanks in advance, have a healthy 2016
legendary
Activity: 3248
Merit: 1072
January 04, 2016, 02:51:16 AM
#55
Is hashnest a good cloud mining site?

they are the best cloudmining site, they also have the last asic tech

too bad there is a minimum in purchasing their hashpower, you can not for example purchase less than one unit, otherwise one can try how fast the roi will actually come in

The ROI is to see otherwise because you can withdraw anytime.
you can win or lose because the Gh/s price is very volatile...

So far i'm not unlucky but if i trade bad...

i would not trade immediately, i would at least wait for half of my roi, then see if i can reach it in the other planned half, or the roi has extended due to difficulty

at that point i can decide to sell my hash
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
January 03, 2016, 10:45:04 AM
#54
Is hashnest a good cloud mining site?

they are the best cloudmining site, they also have the last asic tech

too bad there is a minimum in purchasing their hashpower, you can not for example purchase less than one unit, otherwise one can try how fast the roi will actually come in

The ROI is to see otherwise because you can withdraw anytime.
you can win or lose because the Gh/s price is very volatile...

So far i'm not unlucky but if i trade bad...
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