I have my key and word phrase, now what

HCP

legendary

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Quote from: round2 on August 05, 2021, 08:31:58 PM

After tearing apart half the house, I found an old tablet with a bookmark to Coinbase on it. I tried one of my classic old logins and it worked!

Did this Coinbase account also have the ETH that you believe you had? Huh

And does the 12 word recovery phrase that you have match the one to the Coinbase account? Huh

From memory, the Coinbase account (username/password etc) is custodial... whereas the Coinbase wallet is not... and would be recovered with a 12/24 word phrase etc.

Are you sure you have recovered everything?

Quote from: ABCbits on August 06, 2021, 06:15:45 AM

If you're talking about Bitcoin mining, you need serious planning (such as location, cooling and electricity cost) and decent capital (An ASIC cost thousand dollars, while PC with a GPU only cost hundred dollars).

Have you seen the cost of GPUs lately? Huh

Seriously tho... As the others mention, You need some heavy duty hardware (ASIC) for BTC mining. The only way to get Bitcoin with a GPU rig is to use a service like Nicehash which mines altcoin algorithms, but pays in BTC (after taking a slice of course Roll Eyes

)... or to mine altcoins directly with a pool and then exchange/sell for BTC.

BlackHatCoiner

legendary

Activity: 1512

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Farewell, Leo

Quote from: Pmalek on August 10, 2021, 07:23:59 AM

The OP played around with bitcoin in the past, quite possibly in the times where older versions of Bitcoin Core could also mine the coin over CPUs.

Yes, but he didn't use Bitcoin Core, because Bitcoin Core developers never decided to implement BIP39 on the official release of a Bitcoin client. OP probably used a non-custodial wallet and taking the fact that he doesn't remember it and that he used the word “company” makes me believe that it a closed-source one.

Quote from: Pmalek on August 10, 2021, 07:23:59 AM

According to the release notes for version 0.13.0, the internal mining functionality was removed in 2016.

Only setgenerate was removed. You can still mine with generatetoaddress using a CPU. It wouldn't make much sense for the official implementation of a Bitcoin client to not have a solo mining option even if few use it.

Pmalek

legendary

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Quote from: BlackHatCoiner on August 09, 2021, 12:23:41 PM

Your Bitcoin wallet doesn't mine. As said by its name, it is a wallet

The OP played around with bitcoin in the past, quite possibly in the times where older versions of Bitcoin Core could also mine the coin over CPUs. It was possible to use the software both for mining and storing bitcoin many years ago. According to the release notes for version 0.13.0, the internal mining functionality was removed in 2016.

BlackHatCoiner

legendary

Activity: 1512

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Farewell, Leo

Quote from: round2 on August 05, 2021, 08:31:58 PM

But if i want to play with mining, i need the bitcoin wallet to mine into, right?

Your Bitcoin wallet doesn't mine. As said by its name, it is a wallet; its only usage is for storing wealth, in this case your private keys. There are two kinds of wallets. The non-custodial ones where you keep your keys and are responsible for your funds' management and the ones in which someone else keeps your money for you. These kinds can be analyzed into some categories. An example of non-custodial wallet is Electrum that has been mentioned and a custodial wallet, Coinbase. In custodial wallets you don't know your private keys, this is essentially what it means if someone else keeps your money.

If you want to be familiar with mining you should firstly learn how it works and secondly ask your questions from those who know.

ABCbits

legendary

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Crypto Swap Exchange

Quote from: round2 on August 05, 2021, 08:31:58 PM

Thanks folks,

After tearing apart half the house, I found an old tablet with a bookmark to Coinbase on it. I tried one of my classic old logins and it worked! Amazing!! Last time I looked at that account there was like X in it. Imagine my surprise to see almost Y in it now. That is just a regular bitcoin account so I found out I still needed a wallet so I opened a bitcoin wallet too. I need to learn about what to do with these funds now. I think because the amounts are small relative to everything, im just going to leave everything as is.

The amount might be small to you, but big enough for scammer. I would suggest you not to mention how rich you are and beware with personal message (especially about investment, helping manage your Bitcoin or fake legal threat).

Quote from: round2 on August 05, 2021, 08:31:58 PM

But if i want to play with mining, i need the bitcoin wallet to mine into, right?

If you're talking about Bitcoin mining, you need serious planning (such as location, cooling and electricity cost) and decent capital (An ASIC cost thousand dollars, while PC with a GPU only cost hundred dollars).

Quote from: nc50lc on August 05, 2021, 10:39:55 PM

Quote from: round2 on August 05, 2021, 08:31:58 PM

Thanks folks,
-snip-
But if i want to play with mining, i need the bitcoin wallet to mine into, right?

One of your Coinbase BTC deposit address is fine for most cases but a non-custodial wallet is a must.
I'd suggest Electrum (electrum.org) for Beginners/low spec PC and Bitcoin Core (bitcoin.org) for Advance users with huge internet bandwidth, DYOR.

I also suggest to move your Bitcoin to non-custodial wallet.

nc50lc

legendary

Activity: 2534

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Self-proclaimed Genius

Quote from: round2 on August 05, 2021, 08:31:58 PM

Thanks folks,
-snip-
But if i want to play with mining, i need the bitcoin wallet to mine into, right?

One of your Coinbase BTC deposit address is fine for most cases but a non-custodial wallet is a must.
I'd suggest Electrum (electrum.org) for Beginners/low spec PC and Bitcoin Core (bitcoin.org) for Advance users with huge internet bandwidth, DYOR.

One important note: you can only mine bitcoin with specialized mining devices such as "SHA256d ASIC" like some Antminer models,
you can't mine them through a browser with your GPU/CPU, anything that offers such service is most likely an altcoin miner paying very small amount of BTC or a just a malware.
There's a board for bitcoin mining where you can get more info: Bitcoin Forum > Bitcoin > Mining

round2

newbie

Activity: 2

Merit: 0

Thanks folks,

After tearing apart half the house, I found an old tablet with a bookmark to Coinbase on it. I tried one of my classic old logins and it worked! Amazing!! Last time I looked at that account there was like $190 - $200 in it. Imagine my surprise to see almost $1800 in it now. That is just a regular bitcoin account so I found out I still needed a wallet so I opened a bitcoin wallet too. I need to learn about what to do with these funds now. I think because the amounts are small relative to everything, im just going to leave everything as is. But if i want to play with mining, i need the bitcoin wallet to mine into, right?

hosseinimr93

legendary

Activity: 2380

Merit: 5213

Quote from: sheenshane on August 05, 2021, 06:29:49 PM

Try to watch this Youtube video about how Brute-force your online blockchain.info wallet with btcrecover,

OP has the seed phrase and there is no need to brute-force anything.
There are many multi-currency wallets supporting BIP39 seed phrases.
I think OP should be able to access both bitcoin and ethereum with importing the seed phrase in most of multi-currency wallets like trustwallet.

Since most of multi-currency wallets are close source and are not secure enough, I recommend OP to move his/her bitcoin using electrum before importing the seed into other wallets.

sheenshane

legendary

Activity: 2492

Merit: 1232

I suspected that OP used (Blockchain.com) web wallet since there's an Ethereum in it and a small amount of Bitcoin.
The comment above was right, that's the right path how to retrieve your crypto assets but that's only for Bitcoin recovery because Electrum doesn't support storing Ethereum coin, and now, how about your Ethereum?

Try to watch this Youtube video about how Brute-force your online blockchain.info wallet with btcrecover, this might not easy for you, for now, try to remember everything and also your email account that is possibly used for that wallet, it could be one your email accounts associated in your wallet.

hosseinimr93

legendary

Activity: 2380

Merit: 5213

For restoring your bitcoin, you can use electrum.

Download electrum from its official website, verify your download and create a new wallet.

Select "Standard wallet" and then "I already have a seed".
Enter your 12 words.
Click on "options" and check "BIP39 seed".
Assuming by "string" you mean "passphrase", you need to check "Extend this seed with custom words" as well.

Click on "Next" and after that enter your passphrase in the new window.
Click on "Next".
Now you need to choose the script type. Select "Legacy" if your addresses start with 1, "native segwit", if they start with bc1 and "p2sh-segwit", if they start with 3.
If you don't remember your address type, click on "Detect existing accounts", so electrum finds the derivation path.

round2

newbie

Activity: 2

Merit: 0

Hey all,

I set up a wallet some years ago on a machine I no longer have. Fortunetly I saved the 12 word phrase and string to the cloud so i do have that. Now what. How do I check and see where that wallet stands? I have no clue what company I set the wallet up with. I had very little in it at the time. mostly etherium but a small amount of a bitcoin.

Thanks

Topic: I have my key and word phrase, now what (Read 203 times)