The Bitcoin mining actually began with weak Pentium computers and in those early days there were few people who were truly interested in a technology like blockchain and Bitcoin. Once the people started adopting this amazing innovation the miners were also increased because in initial days people were earning this precious digital gold with mining only and there weren't any good exchanges in those days.

Those people who started mining earlier got their greed and intelligence up and they started building their mining farms with multiple CPU's and later on with multiple GPU's and because of that the mining difficulty started increasing. At those times the ones who had so many CPU's and GPU's in their farms were mining so many Bitcoins but still the ones who were having few CPU's and GPU's were still able to mine some Bitcoins.

The companies soon got awareness that Bitcoin is something special and there should be some special hardware chips to mine more of it. In year 2013 worlds first ASIC miner was introduced which was later named as Avalon 1, and that changed the game of mining. Now the ones with so many CPU's and GPU's were unable to compete with the ASIC as the processing power of it was way higher then many CPU's and GPU's.

Soon after that ASIC miner people gave up on CPU and GPU mining and adopted the new standard equipment for mining purposes. As the number of those ASIC miners increased the difficulty increased once again and that ASIC miner wasn't profitable as much as it was in its early days. There was need to create more powerful ASIC in order to earn more Bitcoin with less energy expenditure. The companies started releasing more and more power ASIC's year after year, and they are doing the same even this day.

The current fastest ASIC miner is Bitmain Antminer S19 Pro and it has hash rate of 110TH /s if we consider it to the ASIC miners of those early days then it provides more than 100x the hash rate of those earlier ASIC miners. Now, in order to compete this thing the companies will have to create more powerful ASIC chips and then this miner won't be profitable like the way it is right now.

You have came to the right place my friend. There are many such people on the forum who would like to purchase good domain names. If your domain name is truly good and it serves the purpose well then you will definitely find someone who will purchase it from you. But, in order to reach those users who are interested in purchasing such digital goods you should follow the instructions of decodx and go-to the proper board for finding the interested buyers.

In order to get buyers you'll have to create a new post at the appropriate board. In that post you should write complete details about your domain name and also mention the niche of your domain name. There are many people who will find your post and send you offers either on the post or on your inbox. But, to keep things safe you should choose a good member of the forum who would work as an escrow for the deal. That way you'll be safe and you might get good amount for the your domain name.

You should also keep in mind if you are really finding someone for collaboration then you must share full details of the domain and the way it could be helpful to generate good revenue for both parties. You can also find good writers in the forum who may write good content for your website within your budget range. Now, it's your choice either to sell the domain, or to find someone for collaboration or to hire good writers who can create good content for your site. Best of luck from my side!

I agree with you that the bitcoins you put on exchanges is indeed not yours in the scenarios when an exchange goes offline or ran away with the bitcoins or stops withdrawals without any notice. Other than those reasons the bitcoins that you hold on an exchange is as much yours as the ones you keep in a wallet. For example: The money that you keep in a bank is also yours as long as the bank is not bankrupted, or hasn't flew away with the money. The scenario is same with the exchanges, as long as they are working normally your coins are totally yours.

It's always better choice to keep your bitcoins in your personal cold wallets rather than relying on those exchanges. But, if someone is into trading then the only option for the person is to let the money on exchanges. We have no other option than trusting those exchanges because that's the only possible way to trade your coins and earn from trading activity. For a investor the scenario is quite different, the best option for an investor is to create their own cold software wallets and keep their bitcoins on those cold wallets.

It basically depends on the needs of the users, and I must say that the exchanges are doing a great job to help their users even though people still prefer cold software wallets for the security purposes. I have kept my coins on Bitfinex for more than 3 years and let them on that exchange without any precautions, and when I needed to withdraw the coins it took me less than 5 minutes and the coins were in my own wallet.

It's indeed a reality that few well-known exchanges are doing a great job for the customers, but still I would prefer to go with cold software wallets for security purposes because an exchange can flew away with your money without any prior notices. It's better to use the exchanges for trading purpose because they are most suited for that thing, and it's always a better choice to keep your coins in your possession for security and safety purposes.

Your decision is one of the best decisions one can take to ensure better security and privacy of a wallet. The cold wallet has always been the best choice for saving Bitcoin and it will always be the no 1 choice for those who know the privacy and security level of such wallets. I have never been a fan of hardware wallets and I will never suggest anyone to use it unless they have no other good options.

The Electrum is definitely the best software wallet and it works very well for the purpose. The electrum wallet supports segwit address without any problem. There are no risks involved as long as you are not connecting your old laptop to the internet. However, you'll have to keep some points in your mind if you're going with that setup. These points are very important for the safety of your wallet for long term.

The first point to keep in your mind is that you should keep that laptop in a safe place and don't let anyone touch it other than you. You should also do every measure to keep it disconnected from internet because even if it connects to internet because of a single mistake then the purpose won't be there. As o_e_l_e_o said, you should remove all those chips that might allow a Wi-Fi connection, and you should also avoid using any Wi-Fi enabled dongles on the laptop. Some of those laptops have the chips that could connect with the help Bluetooth tethering to internet so you should remove all those chips that allow Bluetooth connections.

The second point is to clean up your laptop and format the disks to avoid any malware and then install your operating system with the help of a USB device. Remember to download the operating system from the official website only and check its checksum or digital signature to confirm that it doesn't contain any malware. Once the operating system is running then you should install your wallet software and import your wallet to it.

It's always a better choice to keep your wallet in multiple storage options even if you're having it in a same device. I recommend you to install a separate SSD in your device and keep a copy of your wallet on that device as well to be safe from disk failure. If you have done all the steps carefully then you're totally safe and you won't have to worry now because no-one will be able to steal your Bitcoin from that wallet.

I won't explain pros and cons of the setup because the article is already getting very long so to keep it short I would just say that you'll be totally safe and free from any risks if you do everything carefully and according to the insutructions. Best of luck for the transition. I hope best for you!

The Bitcoin's price will hold below $30k during the month of may. The news that you have shared might had a little impact of the price but I won't consider that as the main cause of the price holding. It's true that the Bitcoin has been holding around $27k for few days but soon we will see a huge price action. It can either go down to $26k range or will move up to $30k range after the month of may.

The probability of defaulting if below low and that won't take place. Even if it happens the price of the Bitcoin will be impacted in the positive way. The default would work inverse way by altering a short time pump to the Bitcoin according to my speculation. I must say that in some cases there is a probable chance of Bitcoin going below $26k, but I hope that may not happen as that will be a huge burden for the bear market.

Well, it has always been this way, the recommendation is to invest only the money that won't impact your life in anyway otherwise you should never invest in Bitcoin or other crypto-currencies. Just think like this way, the money that you put into crypto-currencies is the money that you have just thrown into a river. Just forget about it and set a price range in your mind and stick to that, don't let any emotions bother you during the holding process. The result will be a better future. You'll surely get good returns from your investments.

Mining and trading are different things and they have nothing common with each other. The mining requires one to have heavy processing equipment and it requires energy in order to operate. The mining Asics are power hungry and the user has  to provide them enough power so they can mine Coins for the user. The mining is also a costly thing these days as the competition is very high in the field.

On the other hand trading is not power hungry, even with a simple smartphone you can do trading without any problem. These days the technology is so advanced that even with low processing power you can do trading easily. For example many people trade Bitcoin on Binance app and the app doesn't require much power to operate. A simple smartphone is enough to run the app, and there are many exchanges with such apps.

The mining is helpful for the Bitcoin network as with it the miners are adding new Bitcoins to the supply while trading is a good thing for investors as they can easily increase their capital with proper trading strategies. If you want a hassle free environment then trading is the best option for you, but if you want to add your contribution to the Bitcoin network then mining is of course the way to go.

If you are sure about a person using multiple accounts on a bounty and trying to cheat the bounty manager then you should first collect proper proofs of that user who is using multi alt accounts on a bounty campaign, and if you have collected the proof then you should either open a thread by showing it to the forum or report it to the bounty manager.

It's not really a worthy thinking to involve our beloved moderators in such things because it mostly falls in the domain of bounty manager who is running the campaign. The moderators have more work to do then searching for the ones who are cheating the bounty campaigns with multiple accounts. Although, they try their best efforts but still a little help from a good user is a appreciatable thing.

You should also try to search for anyone who is using alt-accounts on bounty campaigns and report it to the bounty managers when you have proper proof, that way the members of the forum will also appreciate your hard-work. It's really not worth it to get emotional on such things because scammers and cheaters are everywhere, and the ones who detect them are truly respect-deserving ones.

The bounty managers are doing really hard work in running those bounty campaign and sometimes they also have limitations as human beings. It's the work of a good member to report the scammers and cheaters to the bounty managers so that they could penalize those negative actors by removing them from the bounty campaigns. And reporting them to the moderators and administrative staff, so those cheaters can be penalized with a ban.

Edited

Wow, you have done the crime yourself and now asking moderators to penalize those who are doing the same thing. I can't even think that how someone can do such things? Now after your this reply I'm sure that people can do anything.

That's truly a big concern for everyone and there should be some rules for the miners to include the low fee transactions in their blocks. But, the question arises that who would set those rules because miners are the real bosses till this date and  who could force them to add the low-fee transactions in the blocks? The answer is no one.

There can't be a solution for the problem because if the miners are forced to do anything that's against their will, they will leave away such systems where they can't earn a lot. The miners are basically doing the mining thing as a business and any businessmen would prefer to earn as much from a business as possible. If the miners were doing it for humanity purpose or for love of technology then that would be another thing.

The best option for anyone is to understand the basics of Bitcoin transactions so that they can choose the preferable wallet software according to their needs. The knowledge regarding such things should be a compulsory thing, and everyone should prefer the wallet software that supports features like RBF, and CPFP, because these features are very helpful for stuck transactions.

Yes, the central banks can buy the all available Bitcoin that is mined and the Bitcoin miners, but they'll have to pay extra money to buy the whole bitcoins and the mining equipment. The Bitcoin marketcap will increase with more purchases and if more money is invested in Bitcoin then its value will go up, and the sellers will increase the rate when it's purchased in bulk.

The miners will also sell their equipment's if they are offered 1.5x the money they have invested in the mining equipment because they are sure that after sometime new and efficient Asics will be available to purchase. The banks have to pay so much to buy the miners, and even if they purchase the all mining rigs of the world then what? It will be a disaster for them to run all those miners.

You know the mining Asics require energy and the banks aren't the providers of energy so in order to run the miners the banks will have to either purchase renewable energy sources or they might rely on the available energy resources of the countries where they run their operations. In both cases they'll have to pay a lot more to run the miners.

Now, if we conclude the whole thing then it doesn't make sense for the banks to invest so much money and effort that is used in such process, and even with all those things they won't be able to recover their investments because of the volatility of the market.

For example: If the banks run the whole system then still at one time they'll have to sell the bitcoins to the customers and with each sell the price can go down as the buyers would wait for low prices and the banks will be forced to sell for low prices because otherwise they won't be able to recover their invested money.

Royse sir if the contact person of the company sends you BTC only then you should send me the payment. Otherwise I don't want you to send me anything because if they are not sending you BTC then you should not send me anything from your own pocket. You have already done a lot for me by giving me the opportunity to work with you on the campaigns. I'm totally okay without the payment if the company person doesn't send you anything. You are already working very hard to run many good campaigns and if any of the campaigns that you are running turns out to be a Rug/pull or anything else then that's not your fault. I hope that soon other good campaigns will choose you to be their manager, and I wish best for you.


It will be my pleasure to work with you in other campaigns. Thanks a lot for everything Royse sir! Royse sir please do not take the burden of that company on your shoulders because it isn't your fault and you should not be sad.

Thanks to Royse sir and Little Mouse sir. I have just removed the signature from my profile.

Edited. I checked the QR and it encoded this url https://rfj.tips/DuhsUp. Once we click on the link we are transferred to this url:

https://rewardsforjustice.net/rewards/foreign-malicious-cyber-activity-against-u-s-critical-infrastructure/?utm_campaign=mcds

Someone kindly confirm if the seizure is legit because the site seems like a .net domain not .gov one and that's why I'm not sure about the legitimacy of it.

Wrong information my friend, Bhutan doesn't share borders with Nepal, Bangladesh, and Pakistan. It only shares northern border with China and its southern boarder with India. However, it's located in Asia and in that way the all countries share same continent.

Bhutan is not an economically stable country because it's a small country and the main population in the country is Buddhist or the followers of Buddhism. They mostly devote their time in meditation, many great monks of the religion have been born in Bhutan.

The resources in the country aren't economic friendly and the people live their lives with less wages as compare to other countries. The minimum wage in Bhutan is 3,750 Bhutanese ngultrum that equals to around $45.28 USD as of today's rates. Their main source of income is comes through Hydroelectric Power, and now they are trying to utilize it for the mining purposes.

I read a news article few days ago in which Bhutan shared their hidden mining operations with media in order to gain investors attention. They claimed in that article that they have been secretly mining Bitcoin for many years from the times when the value of 1 Bitcoin was around $5k.

I believe that Bhutan can be a good place for the mining farms. Its environment and temperature is quite suitable for mining operations. The investors who are interested in Bitcoin mining could get good returns if they invest in that country.

The best thing is that in future the country might adds Bitcoin as a legal tender and might allow it to exist as secondary currency alongside it own currency Bhutanese ngultrum like El Salvador. If that happens then I think soon other countries might realize the potential of Bitcoin.

The pros of Bitcoin scalping are much higher than its cons. The first pro of Bitcoin trading is its volatility, and if someone masters that thing then Bitcoin scalping can be very profitable for that trader.

Another pro of Bitcoin for scalping is its huge marketcap, because even though it's prone to volatility but due to that big marketcap, its price can't move with a single persons command and thus it works best for scalpers.

A simple con of Bitcoin scalping is the news trend and that thing can sometimes work as a disaster because the news can move the market so quickly that even well strategic, and best planned trades can go wrong.

I recommend you to find some good altcoins for scalping as they might be better than Bitcoin for scalpers. I recommend you to do scalping with ETH, LTC, BNB, and other well known altcoins with good marketcap and huge ecosystems. I won't recommend you to trade the pump and dump altcoins for the purpose because they can be really harmful for your capital.

I won't recommend you that copytrading thing because it's not a good choice to follow someone blindly. The other traders that you're copying might be the cause of huge losses for many traders who copied their trades. It's always better to learn trading, and specially if you want to do scalping then learning the concepts of trading is a very important thing.

It seems like a nice platform but why their own representative is not posting it in our forum? It should be a great thing if someone that is linked with the site posts it here and might create their own signature campaign to get more attention. The benefits of running their own campaign will be useful as they might get many new users with those promotions.

I think with the next halving, the price of the coin will surge for few days initially, but it won't be able to keep up for too long because after some days its value will start going down once again. I even think that with the next halving the price of Litecoin can cross $140 during the halving event, but that's purely my prediction and I won't claim 100% accuracy.

The Litecoin halving doesn't impact the market like Bitcoin halving does, but it can surely impact its own price for a short term and that can be a very attractive opportunity for the investors because it's a proven fact that with halving a price spike is a confirm thing and sometimes that's beyond our predictions.

Even if the price surge won't be too high but still if someone invests in LTC right now will most probably make some good profits with the coins next halving event. The current price $90.94 which isn't high for such a useful coin from any perspective, and the ones who know this will probably find the opportunity to invest in it.
 

Legislation doesn't follows the interests of citizens in Pakistan. There are many enthusiasts and lovers of Bitcoin in Pakistan and some people like Waqar Zaka have been trying their best to legitimize crypto-currencies and particularly Bitcoin in the country, but the political powers do not listen to the ones whom they dislike. The voice of Waqar Zaka and many other enthusiasts is ignored by the political powers of the country and thus no one even takes any good actions regarding legitimization of the crypto-currencies.

The situation is different this time in the country because when IMF and FATF orders anything to Pakistan, the government of Pakistan obeys it without rethinking. The government mainly does that because there's a lot of debt on it because they have taken many loans from IMF, and the other reason is the FATF.  The FATF has kept Pakistan in Blacklist for many years and now they're keeping it in grey list, the government's initiative is to get is accepted in the whitelist and for that they will do anything that would make them to have a place in that list.

Those investors are quite smart in choosing gold over anything else because gold is the safest option in financial disasters that's going to take place anytime in coming months. It's a precious metal and if dollar losses its value the gold will get pumped and specially for the ones who bought it with dollar will gain edge over others. The investors will make profits with peace of mind, and that's a win-win situation.

Those investors who decided to invest in Bitcoin are also among the smart ones because in such financial collapses the Bitcoin is expected to go higher in value due to the investments that the investors put into it. There is also a huge chance of a bull run in the coming months and the ones who invest in it can multiply their investment with the king of crypto world.

The treasuries are also okay in such times because they can get such pumps as well in financial hard times. However, I would never prefer them over gold or Bitcoin because both of those are the best as a investment in such times and their returns on investments are quite higher with those two.

I think his main concern was with the regulation thing because it won't be helpful for a government if a currency or currencies aren't regulated in their jurisdictions. No government would accept such deals because they find it as a threat to their own beloved fiat currency, and they think it can be lethal for their own printed money.

It can also be a sign that the American government is planning to increase the regulations on the crypto-currencies and for that reason the government might make its policies more strict when it comes to cryptos. And, if that holds true then that might impact the market negatively because many American holders would face some panic attacks, and some of them might bulk sell their holdings.

I'm not aware of the real reason behind the scenes that why it was named Bitcoin, but from my understanding the name was given because the technology and currency combination basically computer technology of binary. The bit shows the binary part and the coin refers to the money part, and if we add the technology part bit and money part =coin then we well get Bitcoin.

If we combine those two words we will get Bitcoin and that's the real magic that's currently working for us. There wasn't any currency made of out of bit before it, and it was the first one which was made purely out of bits and was coded by Satoshi Nakamoto. Satoshi named it this way because he was sure that a digital coin with such name suits the real purpose and people will soon accept it as a form of currency.

Some other crypto-currencies tried to copy the name and one such example was Bytecoin, but unfortunately they were unsuccessful in gaining as much attraction as Bitcoin got because even if byte was a larger number but it was still unable to compete the king. I don't think that there might be another reason for naming it as Bitcoin other than the one I described, and if you think there is another reason for naming it that way then kindly share the details with logic.