i would run core to avoid any problem that may come with spv client, iike the one that already happened, i know that you need to download almost 50gb, but you need to do it one time only
then you cna simply backup the whole chain and you're done, in the case of a format
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just buy 1 antminers s5 then it's 1155 giga, i don't know how much you payed, but it should cost less for you
your chance at solo mining is still very slim, with almost 1 tera you have 1/400.000 of chance to hit the block
How much its coasts ...? And what about power consumption from where i an buy ..s5 Dont waste your money by buying costly hardware. Unless you can play in the petahash level, maintenance & electricty cost will eat up all. Better try cloud mining. You can pre-calculate your ROI time from cloud mining calculator (e.g. www.cloudmining.website/calculator.php) and invest accordingly. Errr. No, that's not how cloud mining works. The company mining ALWAYS make a profit or they don't mine at all. Most are ponzi schemes too. Don't be a shill mate. well i doubt hashnest is a ponzi, while there are 90%+ ponzi among cloud, there are still a few that aren't ponzi, and yes you can calculate your roi easily with cloud or home mining if you can reach roi it's pure profit out there, no matter if it is cloud or home mining
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Amazon, eBay, etc. But why would you want a miner? Just invest in cloud mining. Everything is taken care of.
if he have cheap electricity it's better to do it yourself, at least you are the responsible of everything, and anyway i would buy one on the marketplace, one used, instead of wasting time on amazon and ebey, where price are high as fuck A friend of mine bought two used S3 for $150 each some time ago. They both were out of order in two weeks or so. I think they furbished them up before selling because they were looking like almost new ones. ... I wouldn't recommend to buy used miners. well this was your fault, used should cost much less, actually the s3 should cost 100 even if it is new, but anyway this isn't an excuse to not spend less by bying an used one the only problem related could be malfunction
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trading it's a bit like poker, you need a bankroll and begin with something like 1/100 or 1/1000 of that bankroll, then you should study the trend of the market, and learn to read graphs
i guess that you can start as a low as 0.01, with a bankroll of 1 btc, i was doing this on 1broker
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there are only two possible ways, buying on any exchange or privately, i can't find other way sincerely
i like to buy on exchange because usually, buying privately cost you 5% more, and you need an escrow and other crap like that
You can also get arrested by the undercover agents if you buy them locally, person to person and you are doing this in the US. like burt right? well you can avoid that if you have a license i presume, but is one of those hassles that i was talking about at this point you can do it privately only with a real friend in real life, and maybe in his/your house
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if you want to avoid the fees simply don't put any amount, it will require a longer time but in the end it will be proceeded
and anyway you didn't put any restriction on time, so i must assume that you're willing to wait
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i wanted to become a trader.one of my friend nearly convinced me to quit my engineering and become a day trader.i opened a demo account at fxcm did very good there, then i started trading on secondstrade and i am in a debt.
giving up to job/school for trading is a pure gamble, you should nopt do it ever, it require to have a good experience before doing anything and i would suggest to start with a small amount to try how the thing work, don't bother in any other case
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currently not because it goes against what bitcoin it is, but i would try one if the damn fees were not so high, that it kill the whole point of using bitcoin
and anyway i would prefer to use visa, but i think there are none for now, right?
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if it is related to mining then it is because they have big place with cheap electricity, and since, again, they are too many, you see it more, versus other countries
i would imagine that if china were only 50-100M, they would not control 60% of the network
I don't think so. Chinese ppl will find a way to solve it! They have a strong desire to make profit! They have a strong mining, exchange and ASIC manufacturer industry! it's all about number, there are other good place in america where you can have 0.05 electricity, but despite this no one is going mining, because they can't build their asic like chinese can do
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I heard the network can handle about 3 transaction per second (7 transaction per second max in theory).
So 3 x 60 second x 60 minutes x 24 hours = 259200 transactions per day.
with a little increase in the queue, it can handle much more, but obviously there will be some delay i think i can deal with some delay if it mean not rushing on block increasing, and finding a better solution What is "increase in the queue" suppossed to mean? The question was, how many transaction the network can handle in 24 hours, I also think, it was meant as how many transactions are then in the blockchain, not in the mempool. that all the additional transaction will be proceeded eventually, but with a delay, this is what it mean, it's not like the current limit can't handle more, the problem is the delay nothing else
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yeah and that's why i'm not particularly good at it, some time you stay hours analyzing and then the trend shift completely, and fuck you anyway so i just follow my feel
i believe that who is earning the real money, are the same who lead the market, casual dude can not really earn anything no matter how good he is
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the title should be want to earn free satoshi, becuse i'm not aware of anyone eraning free bitcoin with faucets rotator
it's seen as a waste of time, but if you can't really find another way, then it is the best one i guess...
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if it is related to mining then it is because they have big place with cheap electricity, and since, again, they are too many, you see it more, versus other countries
i would imagine that if china were only 50-100M, they would not control 60% of the network
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I heard the network can handle about 3 transaction per second (7 transaction per second max in theory).
So 3 x 60 second x 60 minutes x 24 hours = 259200 transactions per day.
with a little increase in the queue, it can handle much more, but obviously there will be some delay i think i can deal with some delay if it mean not rushing on block increasing, and finding a better solution
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there are only two possible ways, buying on any exchange or privately, i can't find other way sincerely
i like to buy on exchange because usually, buying privately cost you 5% more, and you need an escrow and other crap like that
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300w per tera vs 250w per tera, draw your own conclusions
antminer s7 is better, but i would prefer to have a mini version of it
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Simple - do not cloud mine.
if you have not cheap electricity and you want to mine, you're kind forced to do it but the maintanance fee is a problem, i would do it if the roi is no longer than 6 months
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From what I hear, a respectable amount of power is measured in the Terahertz. I think that (depending on the price of your electricity) to really make a profit, you need at least two Terahertz of power at your disposal.
i think everyone can start with one single antminer s5, it give you your 0.01 a day or around that surely gh is not even worth with some altcoin anymore that is 1 cent or .01 BTC? 0.01 is 1/100 of btc which mean $2.4 per day
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i would not advice to exceed the maximum power of your cpu, actually i would stay below 700, it's not a good thing to reach the maximum output, your psu will be stressed all the time, and at the end it will be damaged
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Lending bitcoin would be passive way of getting our bitcoins to grow. Because in this way bitcoin makes bitcoins. So, the possibility of getting more bitcoin is higher than any other method.
Lending job is not very easy now days, there are may stammers are around so you can't believe any one so easily. They will prepare all those fake id's and accounts to get the loans. So one should be careful before lending without any collaterals. collateral is there for you, without collateral i would do any lending, but with a good collateral like their account, you are safe, you can always sell it to someone
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