Bitcoin server running on an N900
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If anyone is using Bitcoin, the distributed digital currency, you can now run the Bitcoin server on your N900, thanks to a port by user doublec at the Bitcoin forum.
You can read about it and download the executable from here: http://www.bitcoin.org/smf/index.php?topic=2125 This is the non-gui version of Bitcoin (the GUI version uses the wxWidgets library and will be harder to port). Here's how it looks: Attachment 16226 |
Re: Bitcoin server running on an N900
loving my N900 sooo much due to this very kind of thing...thanks for finding it!
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Re: Bitcoin server running on an N900
how much battery charge is lost by leaving this running in the background?
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Re: Bitcoin server running on an N900
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Power consumption is very heavy for the first six hours while Bitcoin is downloading the cryptographically-signed block chain. You absolutely can't do that bit on battery power, nor can you do coin generation on battery power. If you're just doing transactions, the data "chatter" is fairly light and I don't think it would be a battery life dealbreaker. |
Re: Bitcoin server running on an N900
The page is gone now, but seeing as there is an armel package of bitcoind in Debian, what would porting to fremantle or harmattan take?
Is there a guide on porting from Debian to Maemo? I know of optify, but didn't find much more. (Well, there's scratchbox) |
Re: Bitcoin server running on an N900
There is no point mining with a N900 even if you could time travel back to the early days and mine the easy hashes, now you wouldn't even mine one block as faster miners would claimjump your blocks every time until the heat death of the universe, your wasted batteries and CPU cycles would just add to the wasted enthropy.
Use this console app as designed for a portable bitcoin wallet, write a QT app if you want a nice GUI frontend. If you want to get fancy get a square brand credit card reader and utilize the magread app code to add ability to convert national currency to bitcoin so you can accept a credit card for a mobile point of sale. |
Re: Bitcoin server running on an N900
I don't think anyone is seriously considering to use their phones to mine for bitcoin.
But as a mobile payment tool, I'd love it. |
Re: Bitcoin server running on an N900
A silly calculation.
Based on http://blockexplorer.com/q/nethash - I make the difficulty at the time of release about 600, rising to 1200 a month later. http://www.alloscomp.com/bitcoin/calculator At current prices - if you had started bitcoind when the original release was posted in this thread on your n900, and then left it running for about 3 months, you would have around 3 bitcoins likely by now, worth about $3000. |
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Hey! Just running bitcoind can earn you bitcoins? Without mining? |
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Re: Bitcoin server running on an N900
The only way to realistically mine anymore is using video cards with special drivers working in a mining pool. From what I understand most mining anymore is done with supercomputing clusters on behalf of Wall Street hedge funds.
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Re: Bitcoin server running on an N900
Best quote from the bitcoin dev thread in 2010
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in 2013 100BTC =~$10,000US |
Re: Bitcoin server running on an N900
A bit off of the thread topic, but has anyone seen this?
https://bitpay.com/960000/donate a Bitpay appeal for donations to the Maemo community, is this legit? |
Re: Bitcoin server running on an N900
never seen it, and it's hard to tell how legit or not it may be..
BTW there's a Maemo eV general assembly coming up, so please please anyone who's a member or wants to be one needs to be there. |
Re: Bitcoin server running on an N900
Oops. https://talk.maemo.org/showthread.php?t=95856
The donation address is good! |
Re: Bitcoin server running on an N900
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The bitcoin handler Bitpay has terminated our account for not being used and we currently cannot receive bitcoin donatins. |
Re: Bitcoin server running on an N900
Why not just have the board make a new wallet and post the receive QR code?
I really hate the concept of storing crypto in an institutional wallet where they can abuse it in all ways that holding a real crypto wallet is immune from. It is the difference between holding cash or gold in a sketchy uninsured vault owned by some rando guy with a generally bad reputation who is always hounded by a corrupt asset seizing government vs your own hidden vault or buried treasure chest. I suppose the concern is anyone with the spend keys could empty the wallet vs a organizational bank account with two signers. I am sure there is any number of cool zero-trust ways to set up a split key layer cryptographic sum interface so any two or three fractional key holders from the collected Maemo officers could combine to send a 'spend' command to the blockchain for the main wallet. If not there has to be any number of maths PhD candidates who would love to hack that challenge for a published paper and it would be quite useful to any number of organizations who wish to dump banks.(yes there are various problems with each crypto currency as well as volatility vs fiat currency). |
Re: Bitcoin server running on an N900
As far as I understand the reason to choose an institutional provider was to enable immediately converting the bitcoin donations to euros and transferring then to our bank account, preserving the paper trail in doing that.
The board has no intention in hoarding assets as bitcoins so this was the simple solution. It just turned out not to be that good as it indeed left us in the mercy of the exchange ageny that could terminate our account just like that. |
Re: Bitcoin server running on an N900
Yea...
It is the musings of someone who wishes that we could live in a world without the suspicion and reality of fraud. The on/off ramps between crypto and cash are the arreas with the most friction. I hope the receiver wallet is not still active and funneling any Maemo donations into blockexplorer pockets though. |
Re: Bitcoin server running on an N900
I've been running a home-based bitcoin server on an N900 (Cortex-A9 ARM processor) for a few months now. So far, the experience has been pretty good. Lets We researched and tested each of the cryptocurrencies and here is our experience about the casino. The device is cheap ($80), small enough to fit in my pocket and has enough horsepower for my needs. With the price currently hovering at about $100 the device is actually becoming quite affordable for those who don't have a lot of money to throw away on hardware.
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Please report his post and I will delete mine once ArthurT41's is gone. |
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Re: Bitcoin server running on an N900
It should only need one more report to delete the post (linked below) for spam.
https://talk.maemo.org/showpost.php?...4&postcount=20 I will delete my posts once the spam is gone. |
Re: Bitcoin server running on an N900
reported (10 chars)
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