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Topic: Need large amount of testnet bitcoin, can someone help me? (Read 863 times)

brand new
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I personally don't think it's that easy to scam somebody with tBTC...

You either have to guide them to a fake wallet that you've compiled yourself to make it look like the testnet is actually the main net, get them to download said wallet and use it. Sure, the reference (non-gui) wallet livgle is easyer to change, but i don't think you'll get any complete novice to run a cli wallet.
Or you have to get them to execute a cli command ometv including --testnet or get them to execute a startup script where you've hidden the --testnet parameter, then convince them everything is normal while the wallet's gui is filled with the word "testnet".
On top of that, if they want to confirm the transaction on any thirth party tracker, you'd have to convince them the fact the tracker clearly says "testnet" is normal for the main net.

I have seen 2 demo instances of clients that were on testnet that gave no indication of it.
Yes, it's probably easier to guide someone to a flake client that does something else or works another way, but yeah they are out there. Never saw someone scammed but lets face it, we are probably a small sample set.

I would also like to make the point that just about every person lately asking for testnet coins is a newbie. So it just looks really off. "Hi, I am new user, I need these to do some magical new project, gimme some"


BTW, mining tBTC, especially in vast quantities is NOT that easy as you'd think... The block reward is 0.39 tBTC/block and the diff (last time i checked) was >13M. Next to the high diff and the low block reward, you'd have to setup a full node and setup a pool, or at least find a way to solo mine using rented hashrate using your own node. It's just not that simple. You've quoted PART of my post calculating how much work goes into 1 tBTC, you just snipped the part where the actual calculations took place. Since then the diff has even gone up, so those calculations are an underestimation...

I never quoted the cost, you were a quoted as part of another quote.
But, yeah there is a cost involved both in time and effort, if you have a great new project show it to us or tell us about it. Don't just come in and ask.

If you or Coding Enthusiast or OmegaStarScream or others came in and asked it would probably be a different story.
But the OP came in and posted 1 thing in 2017 in Chinese and then came back 3 years later asking for 50 testnet coins to build a mixer and exchange.
There are plenty of crap alt-coins trading for fractions of a penny to test the exchange with. And you know what, you can also test the mixer with any alt that has a newer codebase.

Just my view. I do also see your points, I just have less trust of humanity.

As for the 1 vs .1 vs 10 vs .001 there might be a few instances that it does matter but I don't think they come up that often.

Keep safe out there.

-Dave



thanks you!
brand new
Activity: 0
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What would you need 50 testnet coins for, that 0.50 or 0.05, or 0.005 will not suffice? I don't have that much either, but you can always get from the many faucets a small amount. It's for testing, the amount should not matter. camgel omegle tv chatiw

But I'd like to also know if there are any other ways of acquiring such amount of testnet coins other than mining them.

This will obviously not involve deleting these pieces, so if you wish, I could return them to you or at a time of your choosing.
Thank you!
legendary
Activity: 3472
Merit: 10611
I learn something new every day... This was the first time i heared about the SigNet... It seems like a "better" testnet. I have no idear how i missed this info Smiley
https://en.bitcoin.it/wiki/Signet

Regtest is great for small scale tests, but the lack of a real "network" has stopped me from using it for large scale tests... It is, after all, a network in a single box...
Yeah, not that many seem to be aware of SigNet maybe because the addition to core is only a little over a year old. I myself wouldn't have known about it if I weren't looking at chainparams.cpp.
legendary
Activity: 3584
Merit: 5248
https://merel.mobi => buy facemasks with BTC/LTC
--snip--
You don't have to change Genesis block or change the code even. All you have to do is to change network by running bitcoin core in RegTest or the new SigNet network and mine there. In RegTest the difficulty will not change so it won't take hours to mine, you can mine hundreds of blocks in seconds.

I learn something new every day... This was the first time i heared about the SigNet... It seems like a "better" testnet. I have no idear how i missed this info Smiley
https://en.bitcoin.it/wiki/Signet

Regtest is great for small scale tests, but the lack of a real "network" has stopped me from using it for large scale tests... It is, after all, a network in a single box...
HCP
legendary
Activity: 2086
Merit: 4361
Whats the point? Could you not just change the Genesis Block, hardcode it into your bitcoin core and basically create your own blockchain?
Then mine for few hours... you will have your own block chain with hundreds of your own tBTC. For free.
Yeah, definitely be better off using RegTest... you don't need to change/recompile anything... it's basically an "instamine" and you can freely test whatever you want. Refer: https://developer.bitcoin.org/examples/testing.html#regtest-mode
legendary
Activity: 3472
Merit: 10611
Whats the point? Could you not just change the Genesis Block, hardcode it into your bitcoin core and basically create your own blockchain?

Then mine for few hours... you will have your own block chain with hundreds of your own tBTC. For free.
You don't have to change Genesis block or change the code even. All you have to do is to change network by running bitcoin core in RegTest or the new SigNet network and mine there. In RegTest the difficulty will not change so it won't take hours to mine, you can mine hundreds of blocks in seconds.
a.a
member
Activity: 126
Merit: 36
Whats the point? Could you not just change the Genesis Block, hardcode it into your bitcoin core and basically create your own blockchain?

Then mine for few hours... you will have your own block chain with hundreds of your own tBTC. For free.
newbie
Activity: 19
Merit: 0
Got them, thanks everyone!
newbie
Activity: 19
Merit: 0
Posted here already https://bitcointalksearch.org/topic/m.55175621

We are looking for 15-30 Testnet Bitcoin for a new application. Happy to make a donation!

Thanks!
legendary
Activity: 3500
Merit: 6320
Crypto Swap Exchange

I personally don't think it's that easy to scam somebody with tBTC...

You either have to guide them to a fake wallet that you've compiled yourself to make it look like the testnet is actually the main net, get them to download said wallet and use it. Sure, the reference (non-gui) wallet is easyer to change, but i don't think you'll get any complete novice to run a cli wallet.
Or you have to get them to execute a cli command including --testnet or get them to execute a startup script where you've hidden the --testnet parameter, then convince them everything is normal while the wallet's gui is filled with the word "testnet".
On top of that, if they want to confirm the transaction on any thirth party tracker, you'd have to convince them the fact the tracker clearly says "testnet" is normal for the main net.

I have seen 2 demo instances of clients that were on testnet that gave no indication of it.
Yes, it's probably easier to guide someone to a flake client that does something else or works another way, but yeah they are out there. Never saw someone scammed but lets face it, we are probably a small sample set.

I would also like to make the point that just about every person lately asking for testnet coins is a newbie. So it just looks really off. "Hi, I am new user, I need these to do some magical new project, gimme some"


BTW, mining tBTC, especially in vast quantities is NOT that easy as you'd think... The block reward is 0.39 tBTC/block and the diff (last time i checked) was >13M. Next to the high diff and the low block reward, you'd have to setup a full node and setup a pool, or at least find a way to solo mine using rented hashrate using your own node. It's just not that simple. You've quoted PART of my post calculating how much work goes into 1 tBTC, you just snipped the part where the actual calculations took place. Since then the diff has even gone up, so those calculations are an underestimation...

I never quoted the cost, you were a quoted as part of another quote.
But, yeah there is a cost involved both in time and effort, if you have a great new project show it to us or tell us about it. Don't just come in and ask.

If you or Coding Enthusiast or OmegaStarScream or others came in and asked it would probably be a different story.
But the OP came in and posted 1 thing in 2017 in Chinese and then came back 3 years later asking for 50 testnet coins to build a mixer and exchange.
There are plenty of crap alt-coins trading for fractions of a penny to test the exchange with. And you know what, you can also test the mixer with any alt that has a newer codebase.

Just my view. I do also see your points, I just have less trust of humanity.

As for the 1 vs .1 vs 10 vs .001 there might be a few instances that it does matter but I don't think they come up that often.

Keep safe out there.

-Dave


legendary
Activity: 3584
Merit: 5248
https://merel.mobi => buy facemasks with BTC/LTC


If this is not a sale, you should not be involving money in any way in any transaction involving tBTC.

It would probably also be a good idea to tell the people who are posting nonsense that they need xx tBTC instead of 0.00xx tBTC that faucets give out, that there is no reason to need a specific amount of tBTC. Frankly, if you are unable to adjust the code in your application you are testing to account for the difference between 50 tBTC and 0.0005 tBTC, then your application is not ready.

If i wouldn't request COLLATERAL, i wouldn't get anything back... Simple as that... If an established member would ask me to borrow some tBTC for tests, i'd give it to them without collateral, if it's somebody with a throwaway account, i request collateral because, eventough tBTC is WORTHLESS, it's still not FREE to mine tBTC... As a matter of fact, it's quite costly.

A real-world example, i really don't like art... I just don't get it... But, if my daughter makes a clay pot, colors it with those special ceramic (expensive) colors, then bakes it, it has a certain function for her (she decorates her room with them, for example).
The effective net worth of the artwork is $0, but that pot actually cost me $20 in raw materials. Eventough it's worth $0, my daughter still needs it to decorate her room, and if it's gone she'll need to make a new pot, worth $0 but costing $20 in raw materials.

If, one day, somebody bumps in to me in the street, i've never seen the guy, i don't know where he's from, but he asks for my daughter's pot and pinky promises to give it back... I'd request him to pay at least $20 in collateral. If he gives the pot back, he'll get his $20 back... If he runs, at least i have the cost of the raw material and my daughter can use the stranger's $20 to buy new clay, ceramic paint and power for my oven, so she can make a new pot (with an effective worth of $0, but costing $20 in raw materials) to decorate her room.

Same with these tBTC... They're worth $0, but i need to rent hashpower, setup a pool, do a lot of setup work and monitoring to mine them... So the cost to mine them is not $0, they're just worth $0, but their cost is a LOT higher...

As for your second remark... There are tons of things you'd need higher amounts of tBTC for. Sure, you can adjust your code to work with smaller amounts, but you shouldn't need to... Every adjustment you make results in a difference between your tests and your final production code. Also, as a simple example, i've written a mixer in the past, if you're going to create thousands and thousands of tumbling transaction to analyse the taint, you're not going to get very far with 0.0005 tBTC, especially since eacht transaction will cost you about 200 tSat in fees...






I make the assumption that anyone asking for large amounts of testnet coins is a scammer looking to rip someone off who does not understand the diffidence between mainnet and testnet. It's also a somewhat trivial programming change to mask the fact that the reference client is running on testenet. Probably other clients also can be changed somewhat easily not to show that it's on testnet.

But yeah for programming 10=1=.1=.01 should not matter how many coins you have.

And if you are any kind of non scammer you can just rent hashrate be it at nicehash / mining rig rentals / wherever and for a few bucks get them yourself.
If you have a real project it's just the cost of startup.

-Dave


I personally don't think it's that easy to scam somebody with tBTC...

You either have to guide them to a fake wallet that you've compiled yourself to make it look like the testnet is actually the main net, get them to download said wallet and use it. Sure, the reference (non-gui) wallet is easyer to change, but i don't think you'll get any complete novice to run a cli wallet.
Or you have to get them to execute a cli command including --testnet or get them to execute a startup script where you've hidden the --testnet parameter, then convince them everything is normal while the wallet's gui is filled with the word "testnet".
On top of that, if they want to confirm the transaction on any thirth party tracker, you'd have to convince them the fact the tracker clearly says "testnet" is normal for the main net.

I don't say this kind of scam is impossible, i'm just saying that (for a scammer with these kinds of convincing strategies) it would be easyer to let your victim download a completely 100% fake wallet that isn't even on the testnet, and just shows whatever balance you've hardcoded, or whatever balance it gets from your command an controll server... Or, for sheer simplicity, sell them BCH or BCG for the price of BTC. These strategies would be far easyer than procurring tBTC and scamming someone with it.
Case in point: i've seen dozens of people getting scammed with BCH, i've seen people getting scammed by double spending, i've seen people getting scammed with 100% fake wallets... But i've never met somebody that was scammed with tBTC, and i've been around for a while. Once again, it IS possible to scam with tBTC, but there are far easyer methods around (or so it seems).

Personally, i've met situation where i needed vast amounts of tBTC, and i believe other people can run into the same problems... I could turn a blind eye because somebody *might* try to scam (since it's not impossible), but i try to think that people might actually need tBTC for real life tests.

BTW, mining tBTC, especially in vast quantities is NOT that easy as you'd think... The block reward is 0.39 tBTC/block and the diff (last time i checked) was >13M. Next to the high diff and the low block reward, you'd have to setup a full node and setup a pool, or at least find a way to solo mine using rented hashrate using your own node. It's just not that simple. You've quoted PART of my post calculating how much work goes into 1 tBTC, you just snipped the part where the actual calculations took place. Since then the diff has even gone up, so those calculations are an underestimation...
legendary
Activity: 3500
Merit: 6320
Crypto Swap Exchange
I'm currently on vacation for the rest of this week. On Monday I'll try to come up with a reasonable collateral estimation to cover 50 tbtc.

Sooo... I'm taking a raw stab at this... To be perfectly honest from the start: THIS IS NOT A SALE...
If this is not a sale, you should not be involving money in any way in any transaction involving tBTC.

It would probably also be a good idea to tell the people who are posting nonsense that they need xx tBTC instead of 0.00xx tBTC that faucets give out, that there is no reason to need a specific amount of tBTC. Frankly, if you are unable to adjust the code in your application you are testing to account for the difference between 50 tBTC and 0.0005 tBTC, then your application is not ready.

I make the assumption that anyone asking for large amounts of testnet coins is a scammer looking to rip someone off who does not understand the diffidence between mainnet and testnet. It's also a somewhat trivial programming change to mask the fact that the reference client is running on testenet. Probably other clients also can be changed somewhat easily not to show that it's on testnet.

But yeah for programming 10=1=.1=.01 should not matter how many coins you have.

And if you are any kind of non scammer you can just rent hashrate be it at nicehash / mining rig rentals / wherever and for a few bucks get them yourself.
If you have a real project it's just the cost of startup.

-Dave
copper member
Activity: 1666
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I'm currently on vacation for the rest of this week. On Monday I'll try to come up with a reasonable collateral estimation to cover 50 tbtc.

Sooo... I'm taking a raw stab at this... To be perfectly honest from the start: THIS IS NOT A SALE...
If this is not a sale, you should not be involving money in any way in any transaction involving tBTC.

It would probably also be a good idea to tell the people who are posting nonsense that they need xx tBTC instead of 0.00xx tBTC that faucets give out, that there is no reason to need a specific amount of tBTC. Frankly, if you are unable to adjust the code in your application you are testing to account for the difference between 50 tBTC and 0.0005 tBTC, then your application is not ready.
legendary
Activity: 2128
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There is trouble abrewing
I've researched a few of these Testnet bitcoin faucets... literally the best bitcoin Testnet faucet I found gives only 0.017 at a time... but I think it used to give 0.1 in the recent past... but that seems to be no more... if anyone knows a better one please share it. Thank you!!

you can contact mocacinno and see if he can help you with some larger amounts of TBTC. he also has a faucet you may visit: https://bitcointalksearch.org/topic/testnet-faucet-5223320

meanwhile there are 3 active faucets that i use whenever i want to test something and they are enough for me:
https://testnet-faucet.mempool.co/
https://bitcoinfaucet.uo1.net/
https://coinfaucet.eu/en/btc-testnet/
newbie
Activity: 4
Merit: 0
What would you need 50 testnet coins for, that 0.50 or 0.05,  xender discord omegle or 0.005 will not suffice? I don't have that much either, but you can always get from the many faucets a small amount. It's for testing, the amount should not matter.

But I'd like to also know if there are any other ways of acquiring such amount of testnet coins other than mining them.
It will obviously not be destroying those coins so if you would like I could return it to you or to a faucet of your choice.
legendary
Activity: 3584
Merit: 5248
https://merel.mobi => buy facemasks with BTC/LTC
I'm currently on vacation for the rest of this week. On Monday I'll try to come up with a reasonable collateral estimation to cover 50 tbtc.

Sooo... I'm taking a raw stab at this... To be perfectly honest from the start: THIS IS NOT A SALE... In the end, my estimation will include the price for renting premium hashrate, adjusted for bad luck, including fees, including rounding margins, some beer money for my time to setup tBTC mining... If you want to have tBTC to OWN, you'd better mine it yourself. As a matter of fact, i'd be happy to give you a cost estimation to help you setup a tBTC node, p2pool and teach you how to setup an ASIC in order to mine on the testnet p2pool node, i can basically guarantee that if you want to OWN a lot of tBTC it'll be cheaper (and more honest) to do it this way.
tBTC is completely worthless, and there is no need to hoard it, the dev's can decide to reset the testnet at any time!!!

The collateral will be high, but it's exactly this: collateral... If you give me the 50 tBTC back, you'll get your collateral back (minus the transaction fees!!!).... If you decide to run, i'll keep the collateral and use it to mine more tBTC to fund my faucet, and i'll end up with some pocketchange aswell.


So here we go... Cost estimation of what it'll cost me if you decide not to repay the loan and i want to get the 50 tBTC back so my faucet doesn't run dry.

Miningrigrentals
This is the cheapest: https://www.miningrigrentals.com/rigs/151500/?currency=BTC
0.00001800 BTC/THASH/DAY * 17 Th = 0.000306 BTC/Day

The formula to estimate the daily income:
(((((Hashrate (hashes/sec) * average block reward * 600 * 65535) / 2^48) / Difficulty) * 6 * 24)

The variables
Hashrate = 17 Th = 17000000000000 Hashes/sec
average block reward = 0.39 tBTC
Difficulty = 10.5M = 10.500.000

The result
((((( 17000000000000  * 0.39  * 600 * 65535) / 2^48) / 10500000) * 6 * 24) = 12.7 tBTC/day
50 tBTC / 12.7 tBTC/day = 3.94 days =~ 4days

The time i'll need to mine 50 tBTC
getting the escrow to release the collateral: 30 minutes
Setting up p2pool on my testnet node: 1 hours
setting up miningrigrentals: 30 minutes
Total: 2 hours @ $25/hour @ 8641 $/BTC = 0.005781

The total costs
4 days of mining  @ 0.000306 BTC/day = 0.001224 BTC to rent the hashrate
I'll have to fund mininrigrentals with a tiny bit extra (10%), since it's not guaranteed that i'll get the cheapest miner: 0.0001224 BTC
Transaction cost (2 inputs, 2 outputs, 10 sat/byte: 0.0000374
Labour cost: 0.005781BTC

Grand total: 0.0071648... So 0.0072 BTC would be acceptable collateral for a 50 tBTC loan.



As said before, the terms are simple:
  • 1 month time to repay the 50 tBTC, after exactly 1 month i'll use the collateral to buy hashrate from miningrigrentals, so there'll be no way to get your funds back
  • i want 50 tBTC back, you can use the 6 free, working faucets to claim the fees you've spend while testing
  • i accept a couple altcoins or bitcoin as collateral, collateral can be helt by a trusted forum escrow if you want to
  • all fees are payed by you (escrow fees, transaction fees to move collateral,...)
legendary
Activity: 3472
Merit: 10611
Speaking of the testnet bitcoins, the wallet address posted by the OP start with "mk" not even 1. Does this mean there's a particular wallet which are use for the testnet bitcoin or every BTC wallet are good to go?

it is not "mk" it is "m" and it is the well known initial character of a testnet address equivalant to mainnet addresses that start with "1". https://en.bitcoin.it/wiki/List_of_address_prefixes
as for wallet, usually it is developers who need testnet coins to "test" their own system so most don't need a wallet and instead use their own code.

You'll need to simply run bitcoin core with testnet=1 (edit bitcoin.conf), and then it'll generate testnet adresses, (which have a different prefix.)

With electrum you also simply add --testnet as a parameter and it should start in testnet mode. (Newer versions of electrum automatically come with a shortcut for testnet, on windows at least.)

you can run core with -testnet argument through command line too.
and you can create the shortcut of both on your system by adding the argument at the end of the location of the executable. on windows right click on the shortcut and select properties. in shortcut tab there is a box called "target" which has the directory like c:\.... at the end of it you can add that argument:
Code:
"C:\Program Files (x86)\Electrum\electrum-3.3.6.exe" --testnet
[code]
[/code]
legendary
Activity: 1946
Merit: 1427
Speaking of the testnet bitcoins, the wallet address posted by the OP start with "mk" not even 1. Does this mean there's a particular wallet which are use for the testnet bitcoin or every BTC wallet are good to go?
You'll need to simply run bitcoin core with testnet=1 (edit bitcoin.conf), and then it'll generate testnet adresses, (which have a different prefix.)

With electrum you also simply add --testnet as a parameter and it should start in testnet mode. (Newer versions of electrum automatically come with a shortcut for testnet, on windows at least.)
hero member
Activity: 2268
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Vave.com - Crypto Casino
Speaking of the testnet bitcoins, the wallet address posted by the OP start with "mk" not even 1. Does this mean there's a particular wallet which are use for the testnet bitcoin or every BTC wallet are good to go?
legendary
Activity: 3584
Merit: 5248
https://merel.mobi => buy facemasks with BTC/LTC
I'm currently on vacation for the rest of this week. On Monday I'll try to come up with a reasonable collateral estimation to cover 50 tbtc.
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