If you don't want to suffer, better to play this way, enjoying and entertaining yourself, considering that the amount that you will spare can be forgotten after, always think for positive side and if you win and you are already satisfied with fun that you've got also consider to quit and enjoy with some earnings that you've got that's an additional rewards.

Always accepting applications for good quality posters.

I may choose to open up more spots; I may not.

After several years the bitcoin is good and now the market is highly influential and it's value in the market is rising and after several years the price is rise and still it will grow more in the present time.

Will Crypto Mining Become Obsolete?
News reports have come out stating that crypto mining is phasing out and graphics card sales are proving that to be true. When bitcoin was booming, graphics cards were being bought like they were going out of style. Companies such as Nvidia and AMD were raking in higher profits with higher prices on graphics cards due to the demand. ARS Technica reported:

Nvidia reported its financial results for its second fiscal quarter, which ended on July 29. The results were pretty good overall, with strong demands for Nvidia products for AI and data center applications. However, cryptocurrency-related demand has cratered.

'Our revenue outlook had anticipated cryptocurrency-specific products declining to approximately $100 million,' said Nvidia CFO Colette Kress. 'Actual crypto-specific product revenue was $18 million.'

The company isn't counting on any more cryptocurrency-related sales in the future, either. 'We now expect a negligible contribution going forward,' Kress added.

Nvidia CEO Jensen Huang echoed that sentiment. 'We're projecting no crypto mining going forward,' he said.

The same has been reported for AMD as they have seen their sales decrease. On a good note, graphics cards will now be more reasonably priced.



Clearly, we can see two things happening here:
Bitcoin prices have plummeted and people are pulling out
Mining is declining
Mining is extremely inefficient and does not even go with the Paris Agreement standards [see our article on that here]. It looks as though many people who were in it to win it has thrown in the towel as we are seeing these latest results. Although, not everyone has thrown in their towel. Others have been finding better and efficient ways to stay in it for the long haul. GODcoin is one of those amazing options on the blockchain because it will be backed by gold and silver, so it is not as volatile as bitcoin, as well as it alleviates the need to mine so frivolously. From GODcoin's white paper, here is how it will work:

GODcoin will use the Proof-of-stake consensus algorithm for the minting process. This presents a couple significant advantages, transactions will be processed quickly and energy efficiency is drastically improved over the commonly used Proof-of-Work. Minters will be able to run a node on resource-constrained systems provided there is adequate disk space.

Essentially put, GODcoin will altogether eliminate the need for the costly and exorbitant mining process. It seems mining is still holding on, but it will eventually become obsolete with newer and better technology. GODcoin is going to be the currency of the New Kingdom, so it will evolve to become more efficient and remain when the global economy hits rock bottom and other currencies begin to plummet.

This article was authored by Judith Monte, @belovebelight


There are many advantages to GODcoin especially since it is one of the few coins that will be backed by gold and silver. Not only does GODcoin offer the illuminated path towards a prosperous future, but very soon, it will be the global currency. To learn more, visit the following links:

https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper-RayEl-proof.pdf

https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper.pdf


All information provided is available on the official website at https://godcoin.gold

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even though the price of bitcoin began to rise, this did not indicate whether the bear market was over. Bitcoin price movements are still very slow and the price can go down anytime.

Or maybe if the big whales want bitcion to go down because they are the ones who are manipulating the price. I really expect nothing less from them. They control the price and manipulate it to the way they want it to be. Added to that statement, people always need to support bitcoin by buying it because the more you buy people, the faster the price grows. So, it is just a matter of time until the price continue to grow.

Always accepting applications for good quality posters.

I may choose to open up more spots; I may not.

They (Merit.me team) will be sending the funds to me on a weekly basis.

Week 4 has ended!
Hello everyone, payments for week 4 have been sent in this transaction . Have enough funds for another week, but should be getting another 1.1 BTC in escrow since the team is going on the blockchain cruise.

Nothing to change with the rules/participants.

Questions are welcome!

Accepted for senior member rates.

Indeed, some investors, especially people who're just new into Crypto. I think they're just scared that the price of the token might go down miserably, they're scared that they might lose a bigger loss than what they can lose in that price. I also think that FUD is one of the reason why people dump their token at low price.