- I have a report (no link, sorry) that NiceHash actually paid out to a home crypto miner! This was using the new Direct-to-Coinbase option, the miner then transferred it to GDAX (Coinbase’s trading platform) no problem. So that’s good! Though they’ve now added a fee to transfer to the NiceHash wallet. Just don’t have a NiceHash mining accident …
- Why smart contracts are idiotic garbage. In Russian, but the Google Translate version in English gets its point across well.
- The “Why you can’t cash out” series was quoted at length by Frank Chung of news.com.au (and reprinted in various Murdoch papers in Australia), talking about Australian bitcoiners having trouble with their banks. I must note that if “Bitcoin Babe” has actually been rejected by thirty different banks, the problem might not be with the banks.
- This Coinbase announcement about how and when they add new coins is actually about rumours that they were adding Ripple, sorry XRP.
- The whole world of computer security is on fire. As a sysadmin by day, I can assure you that YES, EVERYTHING IS HORRIFYINGLY BROKEN, and we’re panicking with excellent reason. (The official solution from CERT is “get a new computer that isn’t broken garbage.”) And stuff running on AWS and so forth — which is lots of stuff — is particularly affected. This doesn’t affect crypto directly, but it sure does tangentially:
Yes, I know of multiple cases where Bitcoin exchanges and similar businesses keep private keys in the cloud, or for other reasons, are as equally vulnerable as if they did that.
Yes, an Amazon hacker could take everything in some of these services.
Yes, this is irresponsible. https://t.co/uvQ4x8l681
— Peter Todd (@peterktodd) January 4, 2018
- Me on Bitcoin, 2011: “its main function is as a pump-and-dump scheme wherein early adopters — who have more bitcoins than anyone else ever will — hype it up so they can offload their bitcoins onto fools who think they’ll strike it rich as speculators.” Good thing it’s completely different now.
- It is difficult to get a man to understand something when his HODLing depends upon his not understanding it. I should know better by now.
"Eating a burger is now a way to mine for cryptocoins," he said, accidentally invoking the codephrase that ends our simulation
— Adam Foltzer (@acfoltzer) January 3, 2018
Unfortunately the horrible Charlie Brooker future we’re living in is Nathan Barley not Black Mirror
— pixelated boat (@pixelatedboat) January 2, 2018
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