Token Daily

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tropyc_crypto 2 hs ago

And this guy is prepping a multi-billion IPO ffs

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diamondcuts17765 redditor for 3 months 2 hs ago

"I pulled a sneaky on you" - Jihan Wu

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crypt0crook 4 hs ago

What are some results of this? My s9's keep saying incorrect firmware and it reverts back to whatever it was. Disappointing so far, I guess I have c5 boards? Idk. I'm trying it on older 14th/s s9s. I have some s9i's to try also but im pretty sure it said it wouldn't work for those at all currently.

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IGotThisYo 4 hs ago

I saw one guy reporting a 10-15% reduction in power consumption but I can’t verify that because I haven’t had a chance to update mine yet. He also mentioned that he flashed an S9i and the firmware is apparently working fine but again can’t verify that’s correct at this time. Edit: he also mentioned hash rate remains the same or even improved on some of the ones he flashed with the new firmware.

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crypt0crook 4 hs ago

10-15% reduction in power consumption? shiiiit. i'll take it lol just gotta figure out how to get it to work. thanks.

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MaxVernon 6 hs ago

For me, this firmware results in 100% rejected/discarded shares.

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IGotThisYo 5 hs ago

I haven’t tried it myself yet but I believe people were having trouble with pools like Slushpool. I’ve seen reports of it working on btc.com pool and I assume Antpool will probably work as well. Maybe try one of those to confirm if it is a pool issue.

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MaxVernon 5 hs ago

It certainly works with Bitmain's pools. Slushpool is working on a fix now.

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IGotThisYo 5 hs ago

Ok great that’s good to know. I prefer slushpool myself.

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MaxVernon 5 hs ago

Me toooooo

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bitspun 6 hs ago

The new firmware works great on my S9s connected to the btc.com pool. PDUs reporting power consumption drop of between 10-15%. Hashrate reported at the pool is equal or slightly higher on all updated workers.

Note I accidentally flashed an S9i as well and it appears to be working fine but it’s probably best to wait for the ‘official’ S9i and S9j LPM firmware next week.

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striderida1 3 hs ago

is there a way to verify it's installed" I see a check box in the configuration that says " Low Power Mode " and it's checked off, is that the AsicBoost setting" If it is then i am getting less than i should be it seems. My S9 13.5Th\\s model is only reporting 9Th\\s and also has a lot of discarded hashses? (Accepted 65 Discarded 238 after 8 minutes of running)

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bitspun 2 hs ago

“File System Version” will be set to 22 October under the system page after it has been installed. Interestingly enough, the default for me was for LPM to be enabled, which I understand to mean that overt ASICBoost is on.

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striderida1 2 hs ago

ok i figured that's what "AsicBoost" was..but i also heard it should not effect your hashing, but for me it clearly did.

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bitspun 2 hs ago

Check if your pool supports it...for example as if now Slushpool does not from what I understand. Btc.com does and Antpool from what I've heard. And yes...your hashing should not go down.

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striderida1 2 hs ago

Yeah I'm on BTC.com so it should br supported. Maybe it is just wonky on the 13.5th/s model. If I uncheck low power mode I get 13th/s. Funny thing is if I use Braiins-OS I get over 13.5th/s. I'm using 110v on it but I could still hash full power on Braiins-OS

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IGotThisYo 1 h ago

Yeah I just tried flashing the new firmware on my 13.5th/s and I’m now getting even less hash rate at only about 12.5 th/s.

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IGotThisYo 5 hs ago

10-15% is significant. That would be awesome.

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reddit4485 8 hs ago

BTW, this is also good for segwit! Covert ASICBoost does not support segwit but overt does. If you want to see overt Segwit adoption here's a website! https://asicboost.dance/

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BTCMONSTER 8 hs ago

someone is being sneaky around.

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CosmicHemorroid 2 - 3 years account age. 150 - 300 comment karma. 8 hs ago

https://www.np.reddit.com/r/Bitcoin/comments/9qfic5/dear_miners_we_strongly_recommend_you_dont/?st=jnkj5mjj&sh=1f88f646

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striderida1 Positive | 11290 karma | Karma CC: 5657 MIOTA: 137 5 hs ago

I don't mind on slush pool, I merge mine Elastos and Bitcoin on BTC.com pool so I don't have an issue

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CosmicHemorroid 8 hs ago

https://www.reddit.com/r/Bitcoin/comments/9qfic5/dear_miners_we_strongly_recommend_you_dont/?st=jnkj5mjj&sh=1f88f646

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jonezypls 8 hs ago

I'm having trouble getting Slush Pool to work after flashing the new firmware. Reverting to the older version makes everything work again. Something I set up wrong or....?

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IGotThisYo 8 hs ago

Are you flashing on the S9 or S9i / S9j? Reading the post it looks like firmware for the S9i and S9j will be released next week.

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jonezypls 8 hs ago

Tried it with one S9 and one S9i.

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IGotThisYo 8 hs ago

Maybe try Antpool and see if it makes a difference.

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chriswheeler 9 hs ago

Bitmain confirmed the existence of the circuitry for ASICBoost on April 7th, 2017.

Our ASIC chips, like those of some other manufacturers, have a circuit design that supports ASICBOOST. However, the ASICBOOST method has not been used by us on the mainnet.

Source: https://blog.bitmain.com/en/regarding-recent-allegations-smear-campaigns/

They even linked the above post in today's firmware announcement that you linked to...

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chrisrico 3 hs ago

I believe Bitmain's response to the ASICBoost accusation about as much as I believe Saudi Arabia's response to to Kashoggi's disappearance.

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sQtWLgK 10 hs ago

This implies that all Bitmain patents are now open, right?

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CarpMackereles 4 hs ago

> This implies that all Bitmain patents are now open, right? No, it does not. I think you are trying to manipulate with your insinuations. The fact is that there is [prior art](https://en.wikipedia.org/wiki/Prior_art) covering what is now referred to as "AsicBoost". This should be the primary and expected reason why they would state that "there isn’t and may never be a patent right over AsicBoost" (note that it does not state *anything* like "there *is* a patent right, but it's open to us now").

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WikiTextBot 4 hs ago

**Prior art** Prior art (state of the art or background art), in most systems of patent law, is constituted by all information that has been made available to the public in any form before a given date that might be relevant to a patent's claims of originality. If an invention has been described in the prior art or would have been obvious over what has been described in the prior art, a patent on that invention is not valid. Information kept secret, for instance, as a trade secret, is not usually prior art, provided that employees and others with access to the information are under a non-disclosure obligation. With such an obligation, the information is typically not regarded as prior art. *** ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&message=Excludeme&subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/Bitcoin/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot) ^] ^Downvote ^to ^remove ^| ^v0.28

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Aruk19 8 hs ago

Yes! I cannot find them here : [https://blockchaindpl.org/users](https://blockchaindpl.org/users)

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Blazerfan503 10 hs ago

The only "controversial" part was them not releasing it.

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striderida1 Positive | 11290 karma | Karma CC: 5657 MIOTA: 137 9 hs ago

No it's actually the way it solves the blocks it goes against normal mining standards. Some say it's not safe to use but at this point it looks like everyone might be using it soon anyway.

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DesignerAccount 11 hs ago

And if you need anymore proof that Bitmain is effin their customers over, this should do it. The S9 had AB since it's launch, but you, as the customer, couldn't use it. They, in the other hand, do you think they used it???

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CatatonicMan 10 hs ago

It's *overt* ASICBoost, so in principle it should be obvious when they're using it.

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chrisrico 3 hs ago

There is also the longstanding suspicion (first voiced, I think, by [Greg Maxwell](https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-April/013996.html)) that Bitmain was making use of *covert* ASICBoost.

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joinfish 11 hs ago

Bitcoin is an adversarial network.
This mofo is one of the main adversaries. He's not your friend, he's no one's friend.

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sudophant 7 hs ago

Your post reminded me of a History of Russian Rulers podcast, Russian history from way back in the day all the way through to now, when he got to Stalin's time he talks about Stalin's various *friends* over the course of his career, and where they ended up. Definitely got the impression that Stalin at a very fundamental level didn't really understand friendship.

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joinfish 5 hs ago

All right! One the same note: when the Wu-Ver relationship to goes sour - the fallout should be spectacular.

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uglymelt 11 hs ago

I thought about exactly the same as you op.

Braiins today revealed that they verified the existence of AsicBoost-functionality in Bitmain’s S9 ASICs. For unknown (but possibly patent-related) reasons, this feature is not made available to regular users, however. The Braiins team plans to unlock this feature with BraiinsOS, which would mean that Bitmain S9 owners will be able to increase the effectiveness of their machines by more than ten percent."

Bitmain would pretty fast lose dominance on their own firmware.

https://bitcoinmagazine.com/articles/braiins-os-open-source-alternative-bitcoin-mining-firmware/

https://braiins-os.org/

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zluckdog 10 hs ago

previously, bitmain had a secret backdoor built into their firmware

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Bitcoin_21 redditor for 3 months 8 hs ago

Jihad Wu is a fucking criminal

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CryptoNoob-17 redditor for 3 months 4 hs ago

Jihad Who? Is that Jihan Wu's cousin, maybe his Muslim brother from another mother.

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LilUkelele 3 hs ago

Maybe Luke Daesh jr.'s? That's the very religious, pope-hating, bearded one wearing a trophy or faux USAF hat or something.

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earringstud 12 hs ago

How long have you guys been running this on your machines? Now you decide to make it public?

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archetyp91 13 hs ago

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ABitcoinAllBot 13 hs ago

Here is the link to the original comment thread. Or you can comment here to start a discussion. Author: archetyp91

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deangeloyouknow Positive | CC: 97 karma 40 mins ago

Monero is awesome :)

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pr9i1 Karma CC: 10 1 h ago

Will electroneum get this upgrade too?

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dveguerialb56 1 h ago

I read this as "free falls" and had a minor panic attack

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danarm 3 hs ago

Yabba!!!

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ricci-flow Redditor for 21 days. 4 hs ago

Love it

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vaultsq 4 hs ago

a cryptographer at the Monero Research Lab that led the work on the bulletproofs implementation, writing that "it's gonna be great seeing the blockchain growth charts."

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SarangNoether MRL Researcher 3 hs ago

This guy

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fullmeasures 4 hs ago

Question: if the fees get so cheap and the chain gets to the point where the block reward gets very small, what enthuses miners to still mine the transactions? That's something that still has me confused when it comes to transaction fee and the mining network. Wouldn't you still want a decent fee to keep the mining profitable?

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toSaturnAndBeyond 3 hs ago

Monero reward per block will stay flat 0.6XMR forever once the first 18 million are mined (happening around 2022).

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fullmeasures 36 mins ago

Gotcha, thanks

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fat_stackz Redditor for 10 months. 5 hs ago

So Monero miners are fcked?

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AlgorithmicAmnesia Monero fan 1 h ago

Nope, the fees make up a small % of the total block rewards. This is possible because of Monero's tail emission (it also allows dynamic block-sizing). The Tail emission ensures that there's always incentive to keep mining (and therefore securing the network) unlike things like Bitcoin, where there's no longer incentive (or extremely small incentive, like $xxx every 10 min) to mine past a certain point, which then makes attacks on the network much cheaper. So it's either that or have huge fees.

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LSDmillionaire 5 hs ago

if someone can now build a darknet market dex with xmr than you guys could get a few more billions in market cap: )

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xwerter 5 hs ago

Big step for Monero

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ricardosnow 2 - 3 years account age. 25 - 75 comment karma. 5 hs ago

On IOTA you pay literally 0 fees

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SamsungGalaxyPlayer 28421 karma | Karma CC: 3278 XMR: 9323 5 hs ago

And you have (essentially) 0 privacy by comparison.

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chip77z 8 months old | Karma CC: 659 MIOTA: 2341 8 mins ago

Care to elaborate? I’m genuinely interested.

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Steven81 Karma CC: 337 BTC: 959 4 hs ago

And security is not really tested in those unminable/unstakeable coins. They are pretty much elaborate databases that you hope will work long term. IMO you don't build something like this without at least some proof that it can resist most types of attack. By doing away with PoS/PoW game theory you make it far cheaper to transact and use but also you prolly took away a crucial component, I.e. people acting out of self interest. It's basically why public services (in many countries) are never up to task, noone in particular cares about maintaining them.

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SilverHoard 22700 karma | Karma CC: 2417 XVG: 624 6 hs ago

And Binance withdrawal fees are still 0.04 XMR. Shame!

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[deleted] 5 hs ago

[removed]

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mrcavooter 17068 karma | Karma CC: 2098 4 hs ago

I've seen you post this multiple times. Stop spamming

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BTCMONSTER 6 hs ago

shouldn't be no fee applying for all coins. but great move!

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sexyama 6 hs ago

Amazing, Monero is the real deal. Congrats to the devs.

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Biyamin Karma CC: 18 7 hs ago

I am holding Monero and I believe Monero will be there on top in 5 years

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HereIsSomeoneElse Positive | 5 months old | Karma CC: 1139 4 hs ago

Marilyn?

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Biyamin Karma CC: 18 4 hs ago

Monero 😭

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tempMonero123 12621 karma | Karma CC: 2586 XMR: 1521 1 h ago

Marilyn Monero.

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nulsec123 7 months old | Karma CC: 257 BTC: 328 NANO: -64 7 hs ago

So what’s the point of NANO

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Confederate_Chad 7 hs ago

milking money from gullible people

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YummaySmoohie 8 hs ago

Or you can just use nano for 0 fees

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SpontaneousDream 3 hs ago

Lol Nano has been redundant for a while

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selsta 8 hs ago

and 0 privacy.

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YummaySmoohie 8 hs ago

Good point

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WoodenRoom 8 hs ago

Monero is a shitcoin make no mistake. First the software is very buggy and laggy. The leader is a 4chan troll that has been Repeatedly involved in insider trading and is said to hold 90 million dollar worth of monero. Despite that he let's the community pay for his trips to conferences and always uses top 5* hotels and sums up restaurant bills of to 4k dollars in a couple of day. He pays shit for his gf (air fares) from the community. I used to be one of the top developers of monero in late 2016 but quit after fights with the fat fuck fluffy. Monero has an infinite inflation. Fluffy was always keen and not shy to try to promote monero as a coin for criminal activities

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philkode 9 - 10 years account age. > 1000 comment karma. 7 hs ago

🤣

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InnovationV1 8 hs ago

We’ve been knowing this since the upgrade.

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Nileke 9 hs ago

Moon is very sure, fasten your seat belt

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Nileke 9 hs ago

Moon is very sure, fasten your belt

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SutekhThrowingSuckIt 9 hs ago

Is malfunctioning.

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Nileke 9 hs ago

I say moon

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Nileke 9 hs ago

Moon

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SutekhThrowingSuckIt 9 hs ago

This bot

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cryptomilbz Redditor for 12 months. 9 hs ago

Team XMR are doing a fantastic job.

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Enkiduthebeast Karma CC: 35 ETH: 357 2 hs ago

this is amazing Honestly!

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piceto 9 hs ago

Summary:

- Average monero fees fell from about $0.54 cents to roughly $0.021 cents, a 96 percent drop
- Reduction of the fees happened after "Bulletproof" hard-fork that was introduced to the network
- The upgrade was "definitely making the notion of micropayments more palatable again."

More summaries: piceto.com

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ministroni 7 hs ago

Is this supposed to be $0.54, or 0.54 cents? Maybe I'm wrong, but "$0.54 cents" seems like a confusing and invalid amount.

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BifocalComb 6 hs ago

Yea it's actually $0.0002 or 0.02¢ now and was $0.50 or 50¢

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ministroni 6 hs ago

That would be an insane drop, and you almost had me fooled. monero.how lists current fees around 2 cents, and I assume they used to be 50 cents. One article I saw said "0.019 cents", and also quoted a tweet that said "2 cents". That's a pretty serious discrepancy...

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BifocalComb 6 hs ago

Oh damn.. I haven't actually send any xmr in like 2 weeks. Yea looking at the charts it looks like average fee recently is about $0.02 which is 2 cents.

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ministroni 6 hs ago

Which is amazing! Last I remember looking it was like $1.50 or something. At 2 cents it's lower than LTC, for crisp steak!

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BifocalComb 5 hs ago

Yea and you can even use the half cent fee option and your TX will probably be included in the next block anyway, so it's pretty dang good.

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AlternativeWinter 4 hs ago

Cool. Be sure to add them to the Marco Coino directory.

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Buttoshi Redditor for less than 60 days 8 hs ago

Go ahead and try to send bitcoin cash to them.

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cryptoglia 8 hs ago

[Check this out.](https://www.reddit.com/r/btc/comments/9mzybo/bitcoin_cash_stickers_at_bettys_place/)

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zcc0nonA 5 hs ago

Do they have a payment QR code?

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Lumi_wallet 9 hs ago

Speaking of mass adoption... Do you think introducing crypto to the developing countries makes sense?

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SaltyPockets 13 hs ago

Ms Wambugu started trading in Bitcoin two years ago and and within a year she made enough money to buy the two-storey Nyeri hotel, which she converted to Betty's Place.

...

However, her payments in Bitcoin have been modest - about 30,000 Kenyan shillings (£230, $300) in sales from about 20 people.

To encourage more take up, she holds classes in how to trade in Bitcoin every Sunday at her restaurant.

So... she rode the insanity of the last couple of years for a profit, and is now encouraging people to chuck their money down the bit hole. Likely for a fee.

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michapman2 5 hs ago

Honestly I suspect that a lot of butters are like that. They got lucky by buying in when the price was rock bottom, were able to make a ton of money by selling when the price skyrocketed last year, and have now convinced themselves that this strategy can be replicated and taught to others. It’s the equivalent of a gambler with a system, or someone who wins the lottery their first time playing, and thinks that this qualifies them to train people on how to pick lotto tickets. The good part is that it sounds like she also owns and runs a legitimate, real life business as well. I just hope she doesn’t screw it up with this crypto nonsense.

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thehoesmaketheman 8 hs ago

I really want follow up stories on all these morons who started up 'crypto consulting' businesses in their own communities and roped in their neighbors and shit. There was an article about a dude in the Midwest who cashed out last November and bought a big truck and a big house and started being like a crypto financial advisor. He had a small room without like 15 farmer looking adults in there. I would love to have a hidden camera these past 10 months just watching each excruciating conversation during this downside.

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NonnoBomba 11 hs ago

That's the textbook definition of a True Captain of Industry.

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AppropriateLeg3 13 hs ago

Everyone can make money with Bitcoin, the others just need to know the strategies in investing on this kind of market.

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piceto redditor for 2 weeks 15 hs ago

Summary:

- Betty's Place specialises in "nyama choma", a lip-smacking goat meat barbeque
- She allows customers to pay in Bitcoin and Dash, which she started trading 2 years ago
- So far only 20 people have paid in BTC with a sum worth $300
- Whoever asks about crypto-currencies: 'How does it work? What is Bitcoin?' I train them,"
- Africa may once again bypass traditional banking much like it did with the fixed-line telephone.
More summaries: piceto.com

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cointastical 15 hs ago

And if you won't be making your way to Nyeri (Kenya) any time soon, you can prepare Nyama Choma ya Mbuzi (roast goat) yourself on an awesome grill, paid for with Bitcoin and shipped to anywhere in the world.

Other bitcoin-accepting merchants and crypto companies in Kenya:

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alexmma777 redditor for 3 months 16 hs ago

very nice! tasty roast meat and booty at night

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PatrickBitmain 17 hs ago

Stupid unquestioning article. This is how the BBC typically covers creepto.

Aside from not questioning how improbable and technically impossible this story is they have simply looked for someone ‘poor’ ‘ethnic’ and ‘female’ to divert from the typical narrative that bitcoin is massively controlled by white or Chinese rich males and their online stooges.

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mrmishmashmix 17 hs ago

Nice one Betty

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SnapshillBot Yesterday

Days since last Bitcoin-related hack and/or theft: [0]

Snapshots:

This Post - archive.org, megalodon.jp*, archive.is

^(I am a bot.) ^([Info](/r/SnapshillBot) ^/ ^[Contact](/message/compose?to=\/r\/SnapshillBot))

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ABitcoinAllBot Yesterday

Here is the link to the original comment thread. Or you can comment here to start a discussion. Author: EnvironmentalDirt1

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jontroop Karma CC: 313 12 hs ago

I think the point of this article is that central-bank issued cryptocurrencies are ineffective. If people have a choice between a free, open, permissionless system vs an opaque permissioned system where your assets can be controlled by a government, it is clear that they wouldn't choose the government coin -- unless forced.

Also, a lot of countries (not necessarily Japan) companies, and individuals cook the books, which is easiest when using cash. If every transaction were public, it would be much easier to expose shoddy accounting practice.

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FlyTheElephant Trader Yesterday

Did the bank of Japan just claim that their own currency is not an effective tool?

Or did the bank of Japan just claim that they don't understand how their own system works?

I am not sure which, but it must be one of the two.

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Teslainfiltrated Positive | Karma CC: 201 NANO: 652 Yesterday

Maybe it's consistent with the theory that they feel the Yen is ultimately doomed and are allowing their population to hedge with BTC

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HeadShot305 16585 karma | Karma CC: 974 Yesterday

Ironic considering the BoJ is the hallmark example when it comes to showing that it's the central bank which controls all points on the yield curve, and not the bond markets.

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tsevniotyprc Karma CC: 159 NEO: 496 Yesterday

The only ones losing when the Crypto becomes popular is the people who are rich with money and power. Illegal activity will almost be impossible with digital identity and a nice consensus mechanism.

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HelpNickTheBaller 1 month old | Karma CC: 67 Yesterday

Lol you want crypto to be tracked and everyone to have the identities tied to their crpyto? You are the anti crpyto anarchist.

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FlyTheElephant Trader 12 hs ago

Bitcoin is already like this.

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icyboy89 Karma CC: 1829 Yesterday

Criminals can use privacy coins for illegal stuff

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HelpNickTheBaller 1 month old | Karma CC: 67 Yesterday

Lol criminals use drugs, cash, diamonds, art, weapons, metals, oil and humans as goods and money, crypto is great but when u have to come back into fiat ur fucked. Unless you can get cold hard cash, cashing out a good amount of money will get u on a radar.

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Sulack Yesterday

Don't forget that the rich are also competent. Those who are rich through competency will remain rich when crypto is everywhere.

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SuperNewk Karma CC: 1427 XLM: 416 VTC: -11 Yesterday

this is really interesting. Getting rid of cash would = impossible for Illegal immigrants to live in Developed countries, drug dealers abolished, tax revenue would increase because you would have to use a tracked digital currency vs trying to live off the grid with cash.

I know they tried to outlaw the 100 dollar bill..younger generation would like a cashless society

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