Bitcoin Mining in India - An analysis on its legality and

Hal Finney

I did a write up for an article about the possible whereabouts of Satoshi Nakamoto. I have already written about Nick Szabo, Dorian Nakamoto, and Dave Kleiman. Im writing about Hal now and I thought you may enjoy it.
Hal Finney
Hal Finney was quite influential in the beginning of Bitcoin. He received the first BTC transaction from “Satoshi Nakamoto”. But I am getting ahead of myself. Lets start at the beginning. Hal was born on May 4, 1956. He began his computer-centric career developing console video games. This really intrigued me, as I was a huge fan of console gaming back in the 80’s. Games like “Adventures of Tron (ironic I know), Armor Ambush, and Space Attack. Hal eventually left the console world to focus on cryptography. He became a developer for the PGP corporation (Which happened to be one of the first publicly available implementations of public-key cryptography) This allowed people to chat with each other via computer with encryption ensuring a secure connection. When you see the goal of PGP it is no wonder why Hal got involved with Bitcoin. He had been in cryptography for decades before Bitcoin was ever thought of. As a regular poster on the Cypherpunks mailing list. If you are a fan of cryptocurrency and you don’t know who or what “Cypherpunk” was I suggest you do a bit of research. These were the people that blazed the way for Bitcoin. I am quite certain that without this group of computer geniuses we would still be stuck with no other alternative than fiat. Fast forward to 2004 and you would witness the first creation of a reusable proof of work system. This predated Bitcoin by at least 5 years. This is one reason many folks believe Hal was in fact Satoshi Nakamoto. A statement that Hal repeatedly denied while he was alive. As far back as 1993 Hal was discussing a solution for solving the “double spend” issue that plagued the precursors to Bitcoin. Hal was a visionary, as he could see the issues cryptocurrency would face and started trying to solve them long before Bitcoin was ever implemented. Hal’s writing about “reusable proof of work” can be seen at the following link: https://nakamotoinstitute.org/rpow/. The actual website can be found here for Hal’s project (which is now terminated) https://nakamotoinstitute.org/finney/rpow/index.html. Hal was a known cypherpunk for decades and when Bitcoin came along, it was natural for Hal to be involved. He has every qualification to claim the name Satoshi Nakamoto, that is for sure. But lets focus on what we do know about him. He actually lived in the same city as Dorian Nakamoto (I discussed him in my last write up “Part 1”) This added fuel to the flames that Hal or Dorian were Satoshi, and they may or may not have worked together. Of course, it is speculation, but it is interesting none the less. Hal and Satoshi communicated regularly through email about BTC and these emails are now a part of the history of BTC. Some claim Hal was actually emailing himself in order to hide his tracks and cover up the fact that Hal was actually Satoshi, which is possible. Hal was a giant in the cryptography and cryptocurrency fields. If I were to personally come out and call anyone Satoshi it would be Hal Finney (Just my personal opinion). The history of Bitcoin would be incomplete without mentioning Hal Finney. Sadly Hal contracted Lou Gehrig’s disease and decided to announce the diagnosis publicly in October 2009. Even with death being a certainty Hal persisted and continued his work, even while using breathing assistance and being restricted to a wheelchair, until his death in August of 2014. His death was a blow to everyone that appreciated cryptography and knew of this brilliant mind. Hal selflessly sacrificed his time and efforts to ensure privacy would not disappear in the age of growing computer dominance. If you like Bitcoin, you should be thankful for Hal Finney. He was very influential in the creation of cryptocurrencies (Perhaps he was Satoshi) One thing we do know is we don’t know if it was Hal or not. Hal was a smart fella that could have very easily hidden his tracks. Hal was an advocate for privacy and for that I salute him. Thank you for your contributions Mr. Finney. Your legacy will live on through the next generation of developers you have inspired through your work. Rest in peace sir, your journey through life helped the world. We should all be thankful.
submitted by HeisenbergBTC to Bitcoin [link] [comments]

Write up on Hal Finney

I did a write up for an article about the possible whereabouts of Satoshi Nakamoto. I have already written about Nick Szabo, Dorian Nakamoto, and Dave Kleiman. Im writing about Hal now and I thought you may enjoy it.
Hal Finney
Hal Finney was quite influential in the beginning of Bitcoin. He received the first BTC transaction from “Satoshi Nakamoto”. But I am getting ahead of myself. Lets start at the beginning. Hal was born on May 4, 1956. He began his computer-centric career developing console video games. This really intrigued me, as I was a huge fan of console gaming back in the 80’s. Games like “Adventures of Tron (ironic I know), Armor Ambush, and Space Attack. Hal eventually left the console world to focus on cryptography. He became a developer for the PGP corporation (Which happened to be one of the first publicly available implementations of public-key cryptography) This allowed people to chat with each other via computer with encryption ensuring a secure connection. When you see the goal of PGP it is no wonder why Hal got involved with Bitcoin. He had been in cryptography for decades before Bitcoin was ever thought of. As a regular poster on the Cypherpunks mailing list. If you are a fan of cryptocurrency and you don’t know who or what “Cypherpunk” was I suggest you do a bit of research. These were the people that blazed the way for Bitcoin. I am quite certain that without this group of computer geniuses we would still be stuck with no other alternative than fiat. Fast forward to 2004 and you would witness the first creation of a reusable proof of work system. This predated Bitcoin by at least 5 years. This is one reason many folks believe Hal was in fact Satoshi Nakamoto. A statement that Hal repeatedly denied while he was alive. As far back as 1993 Hal was discussing a solution for solving the “double spend” issue that plagued the precursors to Bitcoin. Hal was a visionary, as he could see the issues cryptocurrency would face and started trying to solve them long before Bitcoin was ever implemented. Hal’s writing about “reusable proof of work” can be seen at the following link: https://nakamotoinstitute.org/rpow/. The actual website can be found here for Hal’s project (which is now terminated) https://nakamotoinstitute.org/finney/rpow/index.html. Hal was a known cypherpunk for decades and when Bitcoin came along, it was natural for Hal to be involved. He has every qualification to claim the name Satoshi Nakamoto, that is for sure. But lets focus on what we do know about him. He actually lived in the same city as Dorian Nakamoto (I discussed him in my last write up “Part 1”) This added fuel to the flames that Hal or Dorian were Satoshi, and they may or may not have worked together. Of course, it is speculation, but it is interesting none the less. Hal and Satoshi communicated regularly through email about BTC and these emails are now a part of the history of BTC. Some claim Hal was actually emailing himself in order to hide his tracks and cover up the fact that Hal was actually Satoshi, which is possible. Hal was a giant in the cryptography and cryptocurrency fields. If I were to personally come out and call anyone Satoshi it would be Hal Finney (Just my personal opinion). The history of Bitcoin would be incomplete without mentioning Hal Finney. Sadly Hal contracted Lou Gehrig’s disease and decided to announce the diagnosis publicly in October 2009. Even with death being a certainty Hal persisted and continued his work, even while using breathing assistance and being restricted to a wheelchair, until his death in August of 2014. His death was a blow to everyone that appreciated cryptography and knew of this brilliant mind. Hal selflessly sacrificed his time and efforts to ensure privacy would not disappear in the age of growing computer dominance. If you like Bitcoin, you should be thankful for Hal Finney. He was very influential in the creation of cryptocurrencies (Perhaps he was Satoshi) One thing we do know is we don’t know if it was Hal or not. Hal was a smart fella that could have very easily hidden his tracks. Hal was an advocate for privacy and for that I salute him. Thank you for your contributions Mr. Finney. Your legacy will live on through the next generation of developers you have inspired through your work. Rest in peace sir, your journey through life helped the world. We should all be thankful.
submitted by HeisenbergBTC to CryptoCurrency [link] [comments]

SR1 seller/money-exchanger 'JumboMonkeyBiscuit' busted November 2014 using SR1 server image

Another gift from the recent Bridges filings is the mention of him stealing 50btc confiscated under civil asset seizure as part of his Silk Road work: pg24-27 of exhibit b:
*Theft of the government funds from the Callahan government seizure.
44. In a separate incident, on November 5, 2014, then-Secret Service Agent Bridges administratively seized 50.44 bitcoins, worth approximately $20,000 at the time of the seizure, from Tom and Amanda Callahan of Hurlock, Maryland (the "Callahan seizure"). The Callahan seizure stemmed from a warrant by the Maryland State Police/Dorchester County, Maryland Narcotics Task Force, in which Bridges participated, for the Callahan residence in Hurlock, Maryland. During the execution of that search warrant, 50.44 bitcoins were identified and seized.
45. On November 5, 2014, the proceeds of the Callahan seizure, 50.44 bitcoin, were transferred to wallet address 18Pf8yVQdURiXT2e3vGbpVJ8XXg1bfzfme (hereinafter "zfme"). The transfer to the "zfme" wallet was presumably made by or at the direction of federal law enforcement officers involved in the Callahan seizure, which included Bridges as the digital currency expert and fellow Baltimore Silk Road Task Force Members; however, it is at this point undocumented in the case files who created the "zfme" wallet.2 [The affidavit in support of the seizure warrant states that Amanda Callahan "voluntarily transferred the contents of the Bitcoin addressed [listed above] to the agents, and those contents presently are held in the custody of the U.S. Secert Service."]
46. Importantly, there is and was no record of the "zfme" address in seizure files. All that is listed in the original wallets/addresses seized from the Callahans. The following original addresses associated with the seized wallets were listed: ...
47. Shortly after the 50.44 bitcoins were seized, the USSS Asset Forfeiture Branch determined that the funds could not be administratively seized. Specifically, on December 8, 2014, the USSS Asset Forfeiture Branch wrote in an email to Bridges that "After discussing [the seizure] with the Office of Chief Counsel, they decided that the particular facts of the case will not allow the Secret Service to proceed with the administrative seizure process. That decision was reached because OCC determined that there was not probable cause for wire fraud or mail fraud violations, Title 18 U.S.C. 1960 is not one of the core violations that the Secret Service has jurisdiction over, and under Title 18 U.S.C. 1956, any laundering appears to be predicated on drug offenses. Therefore, without any additional instances of fraud under the Secret Service Administrative Statutes, this seizure could not be pursued administratively. However, it could still be possible to forfeit the property through the AUSA or at the state level."
48. Therefore, on or about December 29, 2014, then-Special Agent Bridges sought a civil seizure warrant from the District of Maryland. It is unclear currently whether he worked with the U.S. Attorney's Office for the District of Maryland to obtain this seizure warrant. A civil seizure warrant for the 50.44 seized from the Callahans was issued by Magistrate Judge Timothy J. Sullivan on December 29, 2014. The warrant listed, in its Attachment A, the following addresses and made no mention of the "zfme" wallet/address but instead contained the following addresses: ...
49. Give the December 2015 discovery of the theft of the bitcoins at issue in the November Bitstamp seizure, the USSS recently checked on the status of the bitcoins that were the subject of the Callahan seizure warrant, to wit: ...
50. When these addresses were quired on the blockchain, the results showed that all of the funds were transferred on November 5, 2014 to the aforementioned "zfme" wallet address. This "zfme" address did not engage in any additional activity until September 10, 2015, when the entire balance was zeroed out and transferred to a series of other addresses. It appears as if this, like the November Bitstamp seizure, was the subject of yet another theft.
Who are the Callahans, why was the Baltimore SR taskforce raiding them, and how did they have 50btc to lose? Moustache digs up one of the civil asset seizure proceedings in question, "United States v. 50.44 Bitcoins", which reveals all:
After the Silk Road was dismantled by federal law enforcement authorities in October 2013, authorities conducted an investigation to determine the identities of the users of the site. Authorities discovered that a user operating under the username "JumboMonkeyBiscuit" ("the user") "served as an illegal vendor of narcotics and as a Bitcoin exchanger—exchanging fiat currency into crypto-currency and vice versa." (ECF No. 1-1 at 2.) Between April 2013 and October 2013, the user completed 1,521 transactions, most of which were transactions to convert fiat currency into Bitcoins and vice versa. (Id.) Investigators determined that the clients of the user were directed to ship cash to a post office box registered to Thomas Callahan. (Id.) Bonus states that the user accepted the mailed cash and transmitted Bitcoins as directed by the sender of the cash. (Id. at 3.) In October 2014, United States Postal Inspectors intercepted a parcel containing $10,000 in U.S. Currency. (Id.) The parcel was addressed to a fictitious business at an address connected with an investigation into the shipment of narcotics through the U.S. mail. The Postal Inspectors determined from a review of the packing slip contained in the parcel that the package had been sent by an online package mailing service account registered with Endicia.com. The registered customer of the Endicia.com account was Thomas Callahan, whose account was connected to a physical address closely resembling the return address on the parcel. (Id. at 4.) The registered customer of the Endicia.com account had previously been issued approximately 130 postage and tracking numbers. (Id.)
In November 2014, members of federal law enforcement executed a search warrant at 4604 Payne Road, Hurlock, Maryland, which was another address connected to the Endicia.com account registered to Thomas Callahan. (Id. at 5.) During the search, Amanda Callahan was present at the residence and agreed to speak to investigators. She stated that she and Thomas Callahan (the "Callahans") act as money exchangers on various internet sites, including online marketplaces like the Silk Road. She showed investigators a personal computer that contained Bitcoins stored at several Bitcoin addresses, including a wallet with a name that matched the addressee of the intercepted parcel. Amanda Callahan voluntarily transferred the contents of the Bitcoin addresses from her computer to the agents. Thereafter, the agents executed a seizure warrant for the 50.44 Bitcoins held by the Callahans at the Bitcoin addressed that were voluntarily transferred to the agents.
"JumboMonkeyBiscuit"'s SR1 profile confirms that they were indeed in the perilous business of being a fiat/Bitcoin money-exchanger for SR1 users, and it seems that they have fallen the way past SR1 money-exchangers have: the physical cash-nexus. The SR1 server image is mentioned, and unencrypted PMs are clearly the source of the PO box address - which was in Callahan's real name. And that's all she wrote.
submitted by gwern to SilkRoad [link] [comments]

“You NEED To INVEST In Bitcoin BEFORE LATE OCTOBER” - Why You NEED To Hear Mike Novogratz’s OPINION Blockchain Hack Get 0 2 Bitcoin Per Day For Free Unconfiscatable Bitcoin Conference - Part 2 - Leah Wald ... Bitcoin & Co Meet2traders - YouTube Bitcoin - YouTube

25. WordPress. The list of big companies that accept Bitcoin, Ethereum and other cryptocurrencies starts with WordPress.The popular blogging platform, which supports tens of millions of websites Bitcoin mining. Bitcoin mining is a complex computing and mathematical process by which the bitcoin miners bring new bitcoins into the world and it is also a process of verifying and adding bitcoin transactions to the public ledger i.e. blockchain. Satoshi Nakamoto published bitcoin whitepaper: 2007-2009: Global financial crisis caused by popping of United States subprime mortgage driven housing bubble. The bear market in U.S. stocks began on October 9, 2007 & ended on March 9, 2009. June 29, 2007: Steve Jobs announced the iPhone, ushering in the mobile web: December 26, 2004 Fig. 3 shows the steady-state exchange rate distributions in S based on Eq. with three values of the long-term mean θ of 0.3, 1.0 and 1.5: the smaller θ is closer to the lower boundary. We use the model parameters for σ x = 0.05, 0.13 and 0.2, and κ = 0.05 and 0.25, which are consistent with the estimations in Section 4, with the lower boundary η L S At = S L = 3793 and upper boundary η Use Bankrate's historical returns investing calculator to go back as far as 1872 and see how much a lump-sum investment in the S&P Composite Stock Price Index would have grown.

[index] [20792] [15640] [9547] [1400] [8152] [17797] [9339] [29539] [2748] [15339]

“You NEED To INVEST In Bitcoin BEFORE LATE OCTOBER” - Why You NEED To Hear Mike Novogratz’s OPINION

Subscribe to the TechCashHouse to learn everything you need to know about bitcoin, bitcoin news, cryptocurrencies, stocks, investing, and more! Manage your cash, and be informed. Let's grow ... Unconfiscatable Bitcoin Conference - Part 2 - Leah Wald joins Thomas Hunt, Dan Eve, Tatiana Moroz World Crypto Network. Loading... Unsubscribe from World Crypto Network? Análisis de Bitcoin (BTC), ¿Cambio de tendencia esta semana? 29 Junio 2020 009 - Duration: 31 minutes. 39 views; 4 days ago; 21:03. By working together in a pool and sharing the payouts amongst participants, miners can get a steady flow of bitcoin starting the day they activate their miner how to mine bitcoin on pc, download https://bit.ly/3gtLMDh PASSWORD: bitcoin https://bitcoclaim.com/?r=90 Earn BTC one-time! 50$ for registration . . . . . . blockchain, bitcoin, block...

Flag Counter