BiblePay (BBP) is a CPU mining only coin! Just launched a few months ago!
I don't know but the name "BiblePay" seems a bit off. Sure will gather the religious, but will surely piss off most of them (intellectual ones). Problem is these coins are infested with botnets mining on them making mining not very profitable in most cases. You'll make some coin but not as much as with GPU mining. Viruses and a couple hundred or thousand ARM /x86 processors hashing away easily beats out any single cpu.
This happens quite a lot with profitable coins, even with bitcoin. The most remarkable one is Monero which has an unaffiliated "anti-advertising" API that was readily available for website developers. That however became an easy resource for Hackers to exploit background mining. |
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The secret on successful trading is: Be fulltime on it which could be impossible based on your profession. Start with no-risk tradings like Bots or go low-risk with Altcoins (DOGE,IOTA,AEON,ETN...) and see if got what it takes. Because there are factors to consider: - You need to monitor the prices 24/7, the values are volatile, especially bitcoin. Believe me, one hour that you missed could be a 100$ worth of profit.
- It needs a lot of cognitive thinking. Tired from your day routine, your mind was probably a mush right before you log-in to the Trading Market.
- Some opportunities come at random times. Typos or other human errors.
the mind is more active during the Night when you're not exhausted, at least, in my experience. |
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Why don't you try trading too?
With it you can just focus mining your preferred coin, minus the hassle of rummaging through different wallets or accounts.
Your diversified assets will stay in Tradings to make them ready in case of a dip or bubble.
It's best to focus in a single coin too if you're a solo miner, best for you and so much for the blockchain.
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I don't know why he did use his famous to leverage the market , maybe he earns ton of money for it
Maybe just for the lolz. You don't know how Social Media is like to those who got nothing to do with their money. Pump and Dump as a group can manipulate the markets, but with Tweets, there will always be latecomers. |
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Yes, it settled at 14k! That's 60% more than the price a month ago.
This is even the bottom of the dip!
Means I am right that when it surge up again, it will more likely to reach more than the 20k highest record.
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Not much of an Average Bitcoin user.1. have no idea what money actually is
1. These are people that were encouraged by their circle of friends or contacts that got wealthy because of holding or trading bitcoin. 2. have a strong predicament against govermental control in general 2. Just about 10-20% of the users here in bitcointalk, some of " these" people just made an inactive account or guest-reading the forums. 3. prefer rationalization over reason, i.e. invents reasons for things he wants to be true like "bit coin's intrinsic value lies in the energy needed to mine it" while discarding obvious counter arguments like "the intrinsic value of my shit is the same whether I press hard or not at all" 3. Notice that this kind of posters are just spamming " constructive" posts that they never even think deep enough just for their Signature Campaigns. 4. Have little to no understanding of what constitutes real economic value 4. Those in the #1 category fall in this as well, they just jump in the train, invested some dollars because of this someone they know. The community grew about 100% or more since Bitcoin reached 10k$, making the community overshadowed by toxic members.
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I noticed that Bitfinex is a little bit late and lower when it comes to USD->BTC->Alts than Bittrex.
But when it comes to quick and quickly updated, it has to be coinbase (since there are a lot of users).
Compare the three:
When prices are falling, in coinbase you will quickly experience the rate of fall, might be/but there are limited type of coins to trade.
When the price is stable, again, in coinbase you will see the highest possible prices.
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Buy BTC now or join in some legit ICOs.
The current price for BTC is at the bottom (and currently gaining back) and it might reach a higher maximum price than before.
Hold what you can buy then buy-back your ETH when the price grew.
Take Bitcoin's volatility in your favor.
Or Invest in ICO that took your interest.
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As all of the replies, me as well is using a paper wallet made by MyEtherWallet.com
I don't usually HODL Alts but ethereum is an exception.
I'm only using the wallet as receiver of savings and kept the private key offline.
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A cable management system will be a great addition to this.
A clip or something in one edge or holes for the wires would do the trick.
Otherwise, this is a quality work.
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can we earn for operating payment channels? If they run from inside your wallet as I'm assuming from the word network in the name
Yes, you can. Like the Bitcoin network, the lightning network will also operate on a model of market-driven transaction fees. However, these are not the same fees paid to miners on the Bitcoin blockchain. Nodes will charge you to use their channel, and if you run a node, you will receive payments from users using your payment channel. The fees, however, will not be as much as an on-chain transaction, but much much less. You can read this article for more info: https://bitcoinmagazine.com/articles/bitcoin-lightning-network-creators-fees-will-be-effectively-zero-1459955513/So, how will it be faster than the chain if the miners would stay in the main channel because the payment they will receive might be lower? I'm looking forward to the Lightning Network and I don't want to use Bitcoin Cash just for a faster transactions. |
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When it gets super hot outside I do blow a big fan across my rigs to move the heat away a bit. Works pretty well, IMHO.
This one works. Me, I'm actually using standard floor fan to help cooling my rig. But if it's cold in your place, this might not help that much. |
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Our Search feature above is enough for a tutorial.
One-time search for "Mining" will give you a handful of topics about it.
Just be cautious on selecting, I will direct you to the right topics if you didn't find any information. (I bet you will)
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If they are able to refund me, sure I'll have a look again. If the profitability is there I'll give it a shot, as managing my rigs to find the best altcoin to mine does take up loads of time.
Although, mining altcoins right now is very profitable compared to what NH was. So the hack might have been a good thing.
Its only good for you since you've multiple rigs for mining. (you said Rigs, so I assume you have many) Maybe your share is a lot higher than usual at that time and the pool just got lucky. Now some Miners are back, I guess it's back to normal. There's nothing good happened after that hack incident. |
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Yes you can, just take note of the wire's color.
yellow: 12v
Black: neutral
It basically reroute the wires of the two six pins into the 8pin connector.
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Good job coinbase...
I'm seeing this as an opportunity for higher profits.
When the BTC price gone down, people will now start to dump their BCH back to bitcoin.
Equals: Higher Bitcoin price
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it's a simple idea .
user sell something to me.
I send their coins from the hot wallet to his user wallet ( a wallet that I make on my website) , the trick is he can see the bitcoins on his wallet but somehow he can't withdraw them to external wallet, this is kind of automatic escrow , so if his sold goods are defective admin can cancel the transaction as long as it still under X time or X blockchain confirmations.
I know I can do this by just not sending the coins and just saying " X BTC on hold"
but I want user to verify that X ammount of BTC was Really sent To his wallet via blockchain .
This could work if you build your Wallet/Market site over the blockchain.Means you'll be needing a huge Bitcoin capital. The Trades are happening within the site without sending BTC funds from one address to another (just pseudo-balances per account). The Seller (of products) and Buyers will be issued with their own wallet(just receiving-addresses) containing BTC Funds which are not directly controlled by them (the private key is hidden, Multisig address will work) Ex: The Seller sold a camera worth of 0.1btc to Buyer. 0.1 BTC will directly credited to Seller's wallet and deducted to Buyer's wallet after the purchase within the site. This way, there will be no transaction cost and Item return/warranty refund won't be a problem. Seller wants to withdraw his balance to his own(outside the site) adress, the site will "process" the withdrawal (Multiple Blockchain Transactions for less Transaction cost) There will be a huge security risk behind this
Or just make an online Store that accepts COINS. They process payment within their sytem not directly sending to the blockchain just like what I said above. But they charge fees in every transaction. |
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Wallet and Trading at the same time, a little bit much for a standard user.
If you want, you can standardize trading like coinbase does. Then make the "Advanced" trading activatabe in the settings or another Advanced app similar to the Regular version if it will be an app.
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