On 2017-03-19 03:34, George from the tribe wrote:
On 03/19/2017 06:43 AM, Carlos E. R. wrote:
On 2017-03-18 23:35, Greg Freemyer wrote:
On Sat, Mar 18, 2017 at 5:41 PM, Carlos E. R. <> wrote:
On 2017-03-18 18:05, Doug wrote:
So, no openSUSE rpm? :-))
According to my research, it is very difficult to become profitable by mining these days. Apparently the amount you will pay in electric bills will not cover what you may get in return in bitcoins.
Yes, I heard that. My dumb idea was to use a computer that has to be up anyway, and run it at low power as not to heat it up. So it could that many months or years to mine one, just for the kicks of doing it.
There is a limit to the number of bitcoins available at 21 million. IIRC, the latest number of the total number of mined bitcoins is around 16 million. After all 16 million are found, there will be no more. This limit is expected to be reached within the next 10 years or so. That is one of the reasons people are turning to bitcoin as an alternative currency - governments cannot devalue them away in order to pay off their debts.
I have a problem understanding this. First you say that the limit is 21 million, then than the max is 16 and we are near that number already. What is it, 21 or 16?
However, my main question, and why I posted here and not in the off-topic list, had to do with the technical considerations of installing a secure bitcoin wallet in an encrypted directory on an opensuse machine.
There is an rpm in the repositories, in the update repository and in the OSS repository. There is the bitcoin source package, as well as bitcoin-qt5, bitcoin-test, bitcoin-utils, and bitcoind. I am pretty sure that these packages consist of the bitcoin client, which allow trading of bitcoin to and from other people into your own wallet, but I am not yet familiar with the process. I haven't looked into any of these, and I am wondering if someone has. If you want to email me privately also, feel free. Or if someone can show me how to contact the maintainer of these packages, I can do that.
I am also interested in knowing what those things are.
A google search for bitcoin wallets shows electrum as being a popular opensource wallet, but it is not in the repositories for opensuse. I was also wondering if/how anyone has set up a bitcoin wallet on an opensuse platform, and what the technical considerations are for doing that.
My next step is to install the packages and see what happens.
I assume the wallet doesn't need to be connected to internet unless you want to do a transaction. On 2017-03-19 13:43, Greg Freemyer wrote:
You left out:
... Interesting points, thanks. So a wallet also has some kind of cryptographic identity. Are they created out of the blue, then perhaps registered, or bought from someone else? -- Cheers / Saludos, Carlos E. R. (from 42.2 x86_64 "Malachite" (Minas Tirith))