I liked to share this idea na kung Bakit hindi na nga profitable ang mining sa Pilipinas? Marami kasi akong nakikita na tao na nagtatanong regarding sa bitcoin mining, not only in this section kundi sa buong site, gusto malaman if may good cause pa nga ba ang Bitcoin Mining. First of all, let's talk about in other countries, specifically China, as an introduction to this discussion. I saw a thread that talks about the Banning of mining in China, which is nakakabahala din dahil most of the bitcoin miners today ay galing sa kanila.

So una kong naisip, Ano nga ba ang mangyayari kapag nawala na ang Bitcoin Mining sa China?

I think 70% pataas ang nagmamay-ari ng bitcoin mining pool sa buong mundo, kaya ibig sabihin malaki ang epekto nito kapag ang China mismo ay na-ban na ang cryptocurrency sa kanilang bansa. Kaya tinuturing ang China as one of the important region sa ating community, dahil sa gawa ng ambag nila sa bitcoin. Isa sa mga pinakalamalking company na gumagawa ng hardwares for bitcoin mining ay ang Bitmain na nasa Beijing, China.

Halos karamihan sa mga ASICs mining rigs na ginagamit ngayon for bitcoin mining ay galing Bitmain at sila ang no. 1 na nagpapadala ng ASICs sa iba't ibang bansa.


So bakit nga ba lagi nalang China ang binabanggit ko? At bakit sila ang bida dito? (Kalma lang, dadating rin tayo sa Philippines)

IMO, Ang China pagdating sa mga electronics hardware, kaya nilang mag-produce ng maraming hardware na low cost lang which is alam naman natin dahil halos lahat ng electronic devices na makikita natin ngayon sa paligid natin are Made of China. I'll indicate some proofs na karamihan sa electronics company ay nagpapagawa sa China.

• Google Is Moving More Hardware Production Out of China
• Server hardware makers shift production out of China
• HP, Dell, Microsoft, and Amazon look to move some hardware production out of China

Kahit na puro negative news ito for China's hardware companies, it is still a proof na halos lahat ng company ay nagpapagawa ng hardware sa kanila pero ngayon, hindi na. If curious kayo bakit hindi na nagpapagawa ang karamihan ng electronics company sa China dahil ito sa trade war sa US.

Isa pang dahilan kung bakit Okay magkaroon ng mining business sa China ay sa kadahilanan na ang source of energy nila ay hydroelectricty which is more cheaper at ang klima sa kanilang lugar ay fit para magtayo ng mining business. We all know that hardwares are prone to overheating kapag 24 hours naka-open, so kung dito ka mag-mimina, you need cooling apparatus para lang ma-maintain yung efficiency ng hardware mo.

Sunod na pumasok sa isip ko kung, Okay pa ba ang Bitcoin Mining?

Actually oo, pero sobrang daming naco-consider ngayon kung okay pa ba ang Bitcoin Mining. Isa sa kadahilanan kung bakit ayaw na ng China sa mga mining business at gusto na nila ito i-ban ay ang malaking energy consumption. Syempre as a business minded person, as long as may opportunity na makakakuha ka ng profit, sasamantalahin mo yung murang electricity bill.

Isa rin sa mga problema na hinaharap ng China ngayon ay pagdami ng kanilang e-waste. Sa pagkakaalam ko sa isang statistics, sila ang nangunguna na may pinakamaraming e-waste sa buong mundo.

• China: The electronic wastebasket of the world

Ano nga ba ang E-waste? Obviously this is a kind of waste na mga electronics devices na hindi na ginagamit, specifically mga PCB, electronic components at iba pang mga parts na ginagamit sa electronics.

So back to the topic, ang mga mining rigs, hindi na yan pwede mabenta as second hand lalo na't ginamit na ito for mining. I remember those days na pwede pang gumamit ng GPUs sa bitcoin mining, hindi kami nabili ng mga second hand na ginamit na for bitcoin mining kasi na-reach na yung pinaka-peak ng GPU na yun yung capacity niya dahil gamit na gamit na. Most likely may mga parts don na malapit na masunog or kapag ginamit na siya, mababa ang FPS or frame per second kapag naglalaro, naghahang.

Imagine, 24/7 ginagamit yung GPU, sa tingin mo masusulit mo pa yun kapag binili mo ng second-hand? Syempre hindi. Kaya karamihan sa mga GPU na ginagamit sa mining rigs ay rekta tapon na which is considered as e-waste na. Ang pagdami ng e-waste ay may malaking epekto sa ating kapaligiran.

So nalaman mo na ba ang sagot sa katanungan na Bakit hindi na profitable ang Bitcoin Mining sa Pilipinas?
(Kung binasa mo yung buong thread, feel ko alam mo na agad ang sagot.)

• Una, ang electricity bill natin ay mahal especially sa Metro Manila, kaya instead of making a profit baka malugi ka lang dahil sa babayaran mong electricity bill. Take note that mining consumes a lot of energy.
• Pangalawa, Unlike China, our climate is not good for Mining Business. Most likely, bibili ka pa ng maraming aircoin to be the cooling apparatus for the hardwares na umiinit dahil 24/7 nakabukas. At yung aircoin na yon ay magca-cause din ng malaking energy consumption at dagdag ito sa babayaran mo.
• Last, Expensive Mining rigs, malaking investment at hindi 100% ay magkakaroon ka ng profit, in the end baka malugi ka pa. Also, wala namang available na ASICs dito so basically sa ibang bansa ka pa oorder, which costs shipping fee.

IMO, Bitcoin mining ay hindi para sa Pilipinas, kung ang ibang bansa ay nagkakaroon ng struggle sa ganitong business, ano pa sa atin. I'm not saying na hindi natin kaya, nagawa na natin ito so ibig sabihin kaya, sadyang unti or walang profit sa ganitong business. Maybe balang araw if nag-improve ang ating bansa, pwede nating ma-implement yung ganitong business sa Pilipinas at marami sa atin ang magbebenefit dahil malaki na yung percentage na ambag natin sa Bitcoin community.

Kung 75% sa China, maybe someday we can own at least 25%. Gusto ko rin magkaroon ng marami pang semiconductor company dito sa Pilipinas that leads to industry na kaya na rin gumawa ng hardwares. Sa panahon na yon, di na tayo aasa sa electronic devices ng ibang bansa kasi kaya na nating mag-produce ng sariling atin. So hindi lang sa bitcoin mining ang ambag natin kundi kaya na nating gumawa ng iba't ibang network or features for BTC transactions dahil advanced na yung technology natin, magiging malaki ang part ng Philippines pagdating sa mga technology. That's the thing I foresee if napripriotize lang ang technology sa ating bansa. If nakaabot ka sa dulong part na 'to, Congrats at maraming salamat! I hope na may natutunan ka sa simpleng thread na ito. More contents in the future!

---

References:

• Bitcoin Mining
• China Bans Bitcoin Mining?

I think this tesla isn't the reason why bitcoin pumped lately. 

The reason why the price of BTC surged from $6,853 to $7,369 over an 8-hour period is because of the war between US-Iran. The reason for this war was Iran's top military commander has been killed by the US. Since there are linear moments that are happening sometimes in the market, it occurs in this situation. This situation make the oil prices pumped which makes the BTC price also surged coincidentally.

But we aren't still sure since some speculations that January 2020 will go pump so maybe it's the reason or there's a chance that the situation between US-Iran makes this massive bullish in Bitcoin.

Reminders lang na ang promo na ito ay hanggang sa January 2020, if it will be extended then I will inform you guys.

---

Signature designs package:
Jr. Member
Member
Full Member
Sr. Member
Hero Member
Legendary

This promo also includes free avatar!
Please refer me to your CM friends! 

No mate, I complained 'cause I saw a hole. If I didn't point out the missing element of this content, what do you think will happen at the end of this contest?

I'm having doubts if I'll join the contest since I have a lot of work to do and I didn't regret it if I missed this contest.  
So basically I don't care, I just wanted to help and clear things out. I hope some people also doing that thing, not just spamming some shtty threads out there to earn.  

If you really wanted to improve yourself then don't complain. That's one of the disciplines you should follow when improving. If you think you still lack skills then practice instead of saying this an unfair competition.

Mate, the templates used here on the web are different on video templates. You're assuming this contest emphasized creativity but doesn't know template videos are considered as a lack of creativity. Creativity means you have idea, what's the purpose of that idea if you'll just gonna put effects and add some elements on template/ready-made videos.  

Well, yes you guys have a different perspective on this situation and I guess there's nothing wrong with my perspective since it's my opinion only.
We aren't sure if that will gonna happen since advanced technology is growing vastly, which means there are more advanced weapons that can instantly cause massive destruction. They have allies also, which is Russia and many more that can do that for them when needed.
It might be true, the Philippines doesn't have good weapons even strong helmet and bulletproof kevlar. 

---

Gonna change the thread subject to "Affection of War to Bitcoin" since it is true that it's very far away to have WWIII.

After the ATH of bitcoin, there's a lot of changes in the market and also in mining. I guess they've just used cryptocurrency for their own benefit in 2017 as it's being broadcast in the news that Bitcoin is growing up.
Well, all of the assets that are existing even in stocks are fluctuating so it's normal to consider that price can really never be stable.

Oo nga patingin kami, naaappreciate ko yung mga taong sumusubok gumawa ng Signature based sa tutorial na ito kasi ibig sabihin 'non natuto sila. Syempre sobrang satisfying sa akin ang ganong bagay dahil alam ko na effective na tutorial itong ginawa ko.

Even it's not a good design, try to show it to us kasi di naman laging magaling sa umpisa.
It also shows na inaral niyo talaga yung guidelines sa paggawa kahit sobrang hirap talaga niyan sa una.

Another satoshi-related thread, anyways, here are my thoughts.

There's a possibility that bitcoin might fell but there's a chance it doesn't. Individuals' affection for each thing always has an effect on it so once Satoshi reveals himself in the public. Investors might get off if Satoshi himself wasn't really a good individual, more likely a character that supports wrongdoings.

The other hand of the situation is, people don't really care about satoshi. Most likely, Satoshi will get reacher for his novelty award for creating bitcoin. He will be able to claim his patent and be one of the world's known successful people.

I've made a thread which discuss the effects and possible situation might happen during world war 3 in the Bitcoin Discussion.
This is the thread: Affection of World War III to Bitcoin?

Try niyo basahin and makipag-discuss baka may idea kayo kung ano ang mga pwedeng mangyari if nagpatuloy nga ang world war 3.
It's a worth reading thread. 

We're not sure if it's going to be another battle in the gulf, so you don't have to correct it.
Many nations now have nuclear power, and it can actually destroy the entire land means that in this war there is a risk that the global network could be disrupted. We're talking about this war's possibilities and its effect on cryptocurrencies.

It happens just because it's pre-war situations not during world war 3. What about during WWIII? Do you think they'll still care for the market, I guess not.

What's going to happen to cryptocurrencies or specifically bitcoin if World War 3 is going to happen? That's the first issue I think pop-ups because of a lot of headlines about the US-Iran war.
If you want to read the information where did it started, here it is:

• Crowds gather in Baghdad to mourn military leaders killed by US airstrike

The government will usually focus on manufacturing in war materials in the war culture, and most likely some countries' economic status will go down and some will go up.

I think this war's effect for the cryptocurrency is when the war ruined the internet, which is the global network, where even the cryptocurrency is reliant on most citizens. Most of the business we're running on the internet today, all of the company's important files are also uploaded to secure internet storage. The internet is the most powerful invention and most of the devices today rely on the power of the internet. Due to the internet, even the blockchain network is processing because there is no possibility that the chain network will run on its own without the internet.

• Is it possible for a blockchain to function without the internet? - No!

Basically, this proves that; No Internet No Blockchain


I'm not finished yet...
Basically, if there's a war, most people will die, do you think they're going to end up thinking about their cryptocurrency investments? No!
The importance of cryptocurrency at that time will actually fade and the market will fall. All of the people will just worry about the biggest problem which is the war.
Okay, all this was my view only when the US and Iran have a massive war so what's yours?

Pero once naging interesado ka sa paggawa at gusto mo talagang matutunan, madali lang ito para sayo kasi dedicated kang matuto. It's just a matter of TR TD coding at designs lang talaga kaya kahit beginner ay makakagawa ng signature.

Well @JCbtc, bbcodes are similar to html, at inaaral din ito sa IT. BBcodes are just codes that are a markup language used in message boards katulad nitong forum na ito. Ito ay isa sa mga pinaka simpleng paraan ng isang formatting sa isang website kaya itong part na ito ay madali lang at mali na i-compare ito sa iba dahil part na itong formatting at markup language sa pagdevelop ng isang web.

Hey, read this and also read the whole discussion on page 5-6.

@absolutely-positioned already admitted that it's an early closing of the contest and he didn't indicate what's the timezone we should use as a basis.
The guy you are pointing out posted his/her entry on December 28, 2019, 07:51:09 AM which is equivalent to 11:51:09 AM PST. So basically even the contest wasn't extended, his/her entry is still included on the participants that sent their entry before the deadline.

Therefore, this as a fair contest. I also checked those entries of the winners and it seems they really deserve it.

---

After all of the debate, I can say that originality really matters as shown in this contest. It is the standard that should be followed in every contest. Even the entries of the winners are simple, they manage to won this contest through content-wise. I'm satisfied that there's no entry won that uses template videos, it lacks content and originality.

Gambling is for entertainment and fun, yes. Gambling isn't really for some normal persons 'cause probably they will get addicted to it and most likely, their lives will be ruined. Actually, you're lucky enough to have relatives that knows the reality inside a casino so you and your family will be aware of it. It is true that most of the time, people always getting addicted when they feel satisfaction.

They should have control and have limitations on each thing to avoid addiction. There are many things where we can feel satisfaction, not only in gambling so I hope they learn it early.

I made a lot of success this 2019 and all of it are written here in the forum.

First, I learned more technicalities when it comes to blockchain like using different programming languages to create a self-made chain network. Why did I consider it as my success? Basically it was knowledge and it was a very big deal for me. Second, I managed to be a Sr. Member and Hero Member in the same year and now this 2020, I won't hold back and will grind as soon as possible to be legendary. Third, gaining a lot of BTC this year than in 2018.

To summarize my story here, all of it was a success made through effort and dedication here in the forum, without me wanting to earn more produced a beautiful product that makes my 2019 so good.

If you wanted to earn BTC through doing something or exerting effort in this forum, there's a lot of it here. There are many sub-job here in a forum where you can receive bitcoin as payment that depends on your rank.

There is also a service section here where you can offer your service. If you're good at making digital arts, then graphic artists will be fit on you. Logo and thread designs can earn you a lot of money.
I think not, there are many beginners from the past that is receiving a lot more money than some higher rank members here. Effort and dedication really matter, try to develop yourself and learn a lot more things and use it to earn profit.

Reserved.

Reminders that the promo will last until the end of January 2020.

---

Promo includes the signature of:
Jr. Member
Member
Full Member
Sr. Member
Hero Member
Legendary

with Free Avatar!

I also received mine! It's a very fast payment.

I'm looking forward for week 3 of this impressive postcard campaign!
Yeah, it's a great job to CM julerz12 for not considering those entries due to plagiarizing some pictures from the internet. It's unfair for us because we exerted effort on taking pictures and some of it isn't being counted, might be low quality or not travel pictures. If other participants will be considered then the bmy.guide platform will be full of plagiarize pictures. Even though it's just one mistake, they should still face consequences.

This service of mine was officially open now in the Services section. At first, logo, thread designs lang talaga ang ginagawa ko pero now I'm trying to open my service for signature designs. For those aspiring Campaign managers, kung gusto niyo ng partner pagdating sa mga gagawa ng sigs, you can rely to me, just message me here in bitcointalk or in telegram.

The new year special promo will last until the end of January 2020. 10$ only which is equivalent to 500 Php, super steal price na. I assure that this signatures have quality and will be made with full effort as proven in my logo designs.  

Maraming Salamat!
This is the link: ⚡10$ SIGNATURE DESIGNS⭐⚡ - NEW YEAR SPECIAL PROMO ⭐⚡

bump this thread (thanks for the consideration moderator)

---

This is part II of the bitcoin mining guide that was created by me. Kaya ang na-bump ko dahil ang Part I nito ay tungkol sa lumang proseso para makapag-mining na kung saan ay gumagamit ng GPU. Ngayon kasi ay ASICs na ang ginagamit na pang-mina.

Ang unang thread ay may mga diskusyon din na importante na kung profitable pa ba magsimula ng ganitong business or hindi na.

Ito ang part I ng Bitcoin mining guide na ginawa ko last year, [GUIDE] PAANO MAGMINA NG BITCOIN? - Building Mining Rigs. Panigurado ako na marami kayong malalaman sa thread na ito lalo sa mga bago na gustong malaman ang tungkol sa bitcoin mining.
I hope this helps you on your journey in bitcointalk!