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If you have cheap electricity, maybe. Electricity at $0.05 per kilowatt-hour or less is ideal. Unfortunately it might be impossible to recover the cash used to buy the miner. I read an article where the money used to buy miners could actually get a higher profit if BTC were bought directly as the value of BTC rose. Therefore you might want to consider just buying the BTC instead of spending the time, money and effort trying to mine.
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Whattomine covers most of the altcoins. I think they do not include coins that have very small volume so the coins listed there should be relatively more stable in price as the volume is larger. By experience you can trust the figures for the most profitable coins there and you might earn more than what’s stated if you overclock.
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Interesting question. I know Bitcoin price affects all other AltCoins price as everyone here said.
But why?
It is because as bitcoin drops in value people panic and sell their altcoin to get bitcoin to sell into fiat. Selling = price drop so when bitcoin price drops other altcoins also drop in general. |
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You will need an insane budget to
1. Pay everyone
2. Offer really good rates to attract these many people
3. Open up to newbies
4. Pay all those bounty managers that will manage this really big bounty
I feel that it is possible though, good luck! Hopefully if you get this project undergoing with great rewards I can participate too.
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It's not that you should not try bounty campaigns anymore but choose the correct ones. Look at the rewards and convert them to usd/btc, see whether it's worth it or not. There are some bounties that pay 25 coins per week for signature campaign which seems like a lot, until you find out that 10000 coins is equivalent to 1 ETH and is totally not worth it at all. But there are other altcoin bounties that offer decent rates such as Wordcoin (20-40 usd a week they claim). If you still do not feel comfortable just rank up to full member and participate in those sweet sweet bitcoin campaigns that pay out decenr rates per week.
BTW do not worry about electroneum if you're participating in the Bitcoin campaign, they scrapped the altcoin campaign I think. The BTC one has decent rates.
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Looking for people to write whitepaper.
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Reply with any related projects on the chosen category, and samples, on this thread.
Hello, I have no prior experience writing whitepapers but I feel that the fact that I can grasp concepts and ideas easily in addition being a native speaker would help me in writing this whitepaper if hired. Please do drop me a PM if you are interested. I will have no problems working with the respondent above that had some prior experience writing whitepapers - I feel that it is better for 2-3 people to write it so that any misunderstandings, typographical or grammatical errors can be spotted and corrected more easily. |
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Any vouch? What stops you from taking the bitcoins and running away with the money at hand? Maybe you have an escrow or something?
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People should stop focus on the value of an altcoin or their market caps. Altcoins enjoy no actual usage other than the speculative aspect, and that's something people here don't seem to think about.
I feel that most altcoins do not serve any actual usage, BUT we have a few such as XMR and ETH that actually have real life usages (privacy and smart contracts) while others have low transaction fees (DOGE or BURST for example). I somewhat agree with many of your thoughts that it would basically be impossible to happen in the next 5 years - but note that 5 years relatively long time. With more and more people getting interested in crypto, BTC is going to be traded a fair lot. However the increased interest will probably result in a higher chance of people developing alts that are "revolutionary" in some sense and be as sought after as BTC. |
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Yes, I agree that the forking is a disadvantage. I figure that if the devs try and stop this (I'm not sure how as I'm not a programmer of any sort) it would be better than bitcoin in every aspect (smart contracts, insanely small fees, etc) but it seems like it would take ages to solve.
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They seem to be a very promising coin. The only altcoin out there that uses HDD space to mine and they even have their own asset exchange which works something like a stock market, in addition to the very low electricity used to mine (because they use disk space and hard drives use 10 watts at most each) compared to other coins that allow CPU/GPU/ASIC mining. Very unique coin indeed. What are your thoughts on this coin? It feels very undervalued to me.
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What will you do if some altcoin (XMR or ETH for example surpasses the value of BTC, either in market cap or by the price of a token each? Will you sell your BTC to buy the more "valuable" coin, or continue using and holding BTC? Also, what do you think are the chances that it could happen? I would like to hear your thoughts and opinions.
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Signature Campaign and Avatar Campaign Join our subscription campaign to help spread the information about Pecun.io. to Bitcointalk. As a reward for your contribution, you will receive PCO tokens. Only members represented as Jr.Members and higher by rank are accepted. Rules and deadlines: - The signature (avatar) must be retained until the end of the ICO, removing the signature before this time will result in disqualification. - During this period, you must place at least 40 posts in order to have a valid status. - Minimum 10 posts per week. - Payments will be made after the calculation of rates, after the end of the ICO - Keep the signature until the spreadsheet with your final number of posts is updated at least one week longer without deleting it until the posts are counted. Join now: Add a subscription to your profile and fill out the form below: https://goo.gl/S57qV9Spreadsheet: https://goo.gl/1y36WaAvatar:  Signature: Newbie
PECUN.IO ║ BE PART OF THE MOVEMENT ║ ICO [center]pecun.io ║ UNIVERSAL CRYPTO ACCOUNT ║ ICO[/center] Here you state that only Jr Ranks and up are accepted for the signature campaign. And you add in a newbie signature? What is the point of doing so if they cannot participate? Also, what are the stakes for each rank? No one above full member will come to do the signature campaign if the stakes are the same for everyone. In addition, I would like to point out that your project has multiple grammatical errors and spelling errors in addition to awkward sentence phrasing. If you need some help correcting them, I would be happy to assist at a resonable fee negotiated via PM. I wish you the best of luck in this project. |
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Are you sure that equihash uses CPU? Can you quote the source that it does? I have never seen it anywhere before. Also, I have read posts on the EWBF mining thread that use a pentium with approximately 16 GPUs on a mobo (if I remember correctly) and his hashrates do not seem to have a drop.
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I would keep it as bitcoins as you may loss value in gold but anyone interested in doing business with you will be OK as you offing escrow as long as it someone trusted on bitcoih talk
Pretty much bullshit, Gold is pretty damn stable while Bitcoin is much more volatile but you won't have the option of the high increases of value that bitcoin could have but the gold value when you buy it won't be too shaky. Yes, gold has been around since the dawn of civilisation and has a way bigger market cap. Besides OP is just gone with 3 activity only? Smells suspicious, unless he could escrow I would NOT recommend anyone sending him any BTC. Also BTC is looking really bullish right now so don't sell it just yet  |
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Someone (or an organisation) was DDoSing something. Apparently the wallets, pools etc all went offline and there was a major dump. It’s at the bottom of a decline in prices and I think it will go up back to 500-600sats eventually but it will take a long long time for trust and people to come back into Burstcoin.
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You might want to state your approximate price and lower the requirements of this job so that people will apply. Besides, how do you ensure that you will pay out? If I am not mistaken I do not see any escrow and you (as a newbie) can just slink away and not pay anybody for their work.
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i mean what is good to mine doing profit. some good coin for example eth difficulty is very high now cause of the next hard fork people are mining all eth possible before hard fork.
etc is good now to mine price 10 usd which it will go up to 20 again and low difficolty
Well you could go to whattomine.com, put in your GPU/ASIC, and calculate the most profitable coin with electricity costs, energy consumption, etc all calculated for you and you would never need to ask anyone for the most profitable coin again. If you do not mind the ads I feel that this website is the best as the difficulty, exchange rate etc are all up-to-date and you will have less fears about any outdated information ruining your mining profits. |
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No one will ever trade 500 bitcoin at a 20% loss -- That's basically losing $400k USD for no reason when the person can just sell to GDAX or something for a minimal loss?
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Actually China is trying to regulate BTC and other altcoins. They are probably shutting down the exchanges so that they can either regulate exchange companies or open exchanges themselves. Indirecly we can infer that China recognizes BTC as a legitamate thing and not a scam as those bankers and elites suggest. Also when the exchanges open again its pretty obvious that the price of BTC will increase further up from the current price now as the trading volume slowly flows back.
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I reserve Chinese translation, please get the spreadsheet and google forms up and running soon!
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