xmrig won't mine on two pools in parallel, it will switch to the other pool if the first one fails. How does your json look like? It should be something like this: "pools": [
{
"url": "pool1.com:8005",
"user": "wallet_address",
"pass": "x",
"keepalive": true,
"nicehash": false
},
{
"url": "pool2.com:4332",
"user": "wallet_address",
"pass": "x",
"keepalive": true,
"nicehash": false
}
]
I also have a thread about mining with xmrig called [CryptoNight] CPU mining guide & coins that will get you a return and it may have some more info on what you're looking for  I don't really use multiple pools, seems like one pool works fine for me, but you need to look for good pools and not ones that frequently fail or are offline sometimes. |
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I have a CPU mining thread that can get you started and help you understand what's it all about. Another good resources is this CPU & GPU mining thread that will help you decide on what software to use to mine with your GPU also. If you're looking for profitability, you can also check out this website: https://whattomine.com/ |
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I don't think ETH will go below $400 any more but nothing in certain in this bearish market. Definitely need to check out any news on ETH and follow it closely to be able to anticipate drops like that.
I would say that we will be on a bull trend starting with July so, this is the time to buy if you're looking for low prices.
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Not sure about converting everything to Bitcoin in a bearish market, I would hold my existing coins and refrain from selling them.
I think you have some good ones in your list: IOST & XVG definitely look good but I would also add IOTA to that.
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When it comes to crypto currencies, nothing is 100% certain. The best thing you can do is follow the news and keep track of ETH developments.
Five to ten years a long time in the crypto world and anything can happen, considering bitcoin is only 9 years old and other coins are just under 5 years old.
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Yeah, I agree the majority of investors base their investments on a lot of research, but you have to agree that some are just blind luck. Since we had the Bitcoin Pizza Day anniversary recently think for a second about the guy that received the 10,000 BTC for which he paid $41 and then sold for $400. Wasn't that blind luck? |
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Before you make an investment and buy either one, I would suggest taking a look at my CPU mining thread here. It will teach you a lot about mining and you will be able to make you own assessments after it. I see a lot of people making investments blindly and losing money on stuff that they don't understand yet. Better avoid doing that, right? To avoid being off topic here, I would suggest going for GPUs since ASICs (aka "mining machines") are usually rendered obsolete by coin owners that do not want their coin to be mined too fast thus creating a fast devaluation of the coin. |
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OP, it's very good that you diversified your portfolio, a lot people tend to focus on one or two coins which is very bad because you may loose all your invested money if not careful.
I agree holding is a good strategy but you need to be careful which coins you hold. How about telling us about some of the coins you held and went bust? This will be a good eye opener for many newbies.
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This website looks really nice to have I like that you can filter news by coins of interest. I see it aggregates news from some sources, if you're running it by any chance, which sources are you using? I normally follow https://www.coindesk.com/ & https://cointelegraph.com/ for up-to-date news but I don't see it the news here. Would definitely follow it if these sources are added in. |
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The best thing you can do is pay attention to the news and keep track of major events that will happen in the countries where bitcoin is very popular - South Korea, Japan, USA.
There are a few indicators on the market right now that may or may not affect bitcoin, you need to filter though the clutter and make your own assessments.
For the month of June I think the price will oscillate in between the $7-8000 range and for the end of June I would say there will be an increase to up to $9000.
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The whole purpose of bitcoin is to be decentralised and not be subject to government interventions like manipulating inflation or worse, in some countries, controlling the exchange rate with the main currencies.
Take a look at what is happening in Venezuela or Cuba. People there earn money with which they cannot but the same suff from month to month (they buy less items with each pay check). Also for these countries in particular, the currency exchange is controlled in the sense that it is a fixed exchange rate controlled by the government so, you can't afford or you're not allowed to buy other currencies.
Comparing their FIAT with Bitcoin seems the freedom they need, right?
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We all know that the development of a certain country comes from the taxes of its citizens, and we all know people who engage bitcoin don't pay taxes to the government, what will happen to a country where 80% of its citizens engage in cryptocurrency?
There is a big possibility that this things might happen In the future because bitcoin is growing faster and very known today.
I think you know by now that the USA and some European countries pay taxes on their crypto currency investments. If you were referring to something long term like in the event that you will be paid in crypto instead of FIAT for your work then most certainly there will be an income tax applied to it and collected by the government. There is no loop hole around this. |
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There are always good times to buy bitcoin and bad times to buy it. You just need to read between the lines to know when it's a good time for each.
It's always a good idea to read news that may affect exchanges or government feels towards crypto currencies in countries where BTC is in high demand (South Corea, Japan, USA etc.aa).a
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I am amazed there are so many replies and no one offered a solution for this to OP... The best thing you can do is to go to https://ethgasstation.info and check out the gas price you need to allocate for the transaction to go through. Also, don't forget, anything you allocate as gas over the amount needed will be returned back to you. |
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EOS is a good option to buy now, I'm sure you figured out how and where until now. I hear they are going to launch thier main net soon so, this will spike the price a bit. Keep following it and definitely don't sell |
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As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends
(2) Historical volume trends. So, there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.
What is your view about Cryptocurrency price?
Yes, you can observe some patters that people follow and this will help you make some presumptions on the price (not calling it predictions since that means it needs to be true at some point). Some patterns I've noticed are around major events like tax days, celebrations etc. |
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This is interesting news but as far as I know, all exchanges have a common wallet were all of the users coin is kept. For example there is one adress where all of the BTC is kept and the users have private keys granted by the exchange.
What happens if the exchange adress is hacked? How is reliance diffrent compared with the rest when it comes to this?
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I have seen this question a lot on this forum, you need to do your own reaserch on the coins to have confidence in investing money.
If I would have that amount of cash I would invest it in coins that are linked to the internet of things like: IOST & IOTA.
I believe these will moon soon.
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I don't this pump & dump still applies to BTC, you would need milloins if not tens of millions of dollars to do that.
On the other hand, FUD & FOMO are still valid in any cases since there are a lot of beginners in this market and some people tend to exploit this.
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At that time, bitcoin is less than a penny and nobody knows at that time that it will reach a high amount now. Do somebody knows that bitcoin will reach almost 20k$ in 2017? None right that is why Laszlo used bitcoins in ordering for pizza. Yeah I think it is a great loss for him until now but because of what he did, he created history in the world of bitcoin. That is greater achievement than buying a pizza that is worth around 75 Mil Dollars. Yes, I agree no one would have hoped bitcoin would get to $20k at the time but how would you feel now, knowing that it got to 20k and you spent it all on two pizzas? He must be the most lucky person in the world and he is lucky because he still hold it until such time that it grows, who would have thought that bitcoin could be a thousand dollar worth right? for sure, he does not expect it and now enjoying the fruit of everything.
I'm not sure if I understood correctly what you're saying but if you're refering to the guy that got the bitcoins, he sold them when they were worth $400 in total. So, still way too expensive. I think this experience should be a good lesson learned example to all of us. Never sell all your assets and do still keep some. |
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