Given the price of large and more efficient panels needed to power a mining hardware that consumes a lot of energy, a small scale or medium scale miner might not have the amount of money to buy those. And it will take a longer time for that investment to return. Also, when the price dumps, it is another loss for the miner. Another is the halving of generated bitcoins for every block, there will be lesser and lesser bitcoin produced in the future. It's not that easy to start with buying a pricey solar panel.
electricity that uses solar panel power does provide a lot of benefits because the energy produced can be used for mining or other activities, but the most terrible threat is when bitcoin has reached the maximum production limit which means that it can't be mining anymore, mining equipment not used to mine bitcoin anymore. |
|
|
|
Indeed you cannot fully compare gold with bitcoin, while gold can be buy and stored, bitcoin can be sent with internet connected and can see how much bitcoin are mined. I think also bitcoin will exist for long time.
This gold and bitcoin is very different from the first time gold was created, precious metals that exist on earth and have been used during antiquity while bitcoin only existed when it entered in 2009 and this is classified as new digital currency technology so gold is more valuable than bitcoin because not everyone knows bitcoin. |
|
|
|
Ripple, also known as RippleNet, is the world's only enterprise blockchain solution for global payments. In case you are just starting with this cryptocurrency thing,
Ripple especially is a cool new Litecoin alternative. Much faster than other alternatives while also reducing fees, it's a great entry point for anyone just getting started with crypto, especially because payments are so much easier to send and receive.
I don't think you know the true background of the ripple, because some time ago Ripple was hit by a problem in the technology and many banks refused to ripple to work together. |
|
|
|
Ethereum pricce was $1400 in the year 2017 so do you think Binance coin will hit that? Maybe no for this year but maybe soon like after 2 to 3 years. Maybe let focus right now for how the Binance can reach $100 after that we predict the thousands of dollars. It's look like ethereum but it's not actually ethereum but both potential and if we comparing more potential ethereum will chosen by the majority.
binance is still far behind with ethereum the chance of binance coin to defeat ethereum is very small, because ethereum has a platform that is greater than binance, binance will not be able to defeat ethereum. |
|
|
|
Everyone should always expect corrections at every huge movement in a short while, I think it is not meant to be discussed every time but for the case of newbies that worry about their investments we can talk about it sometime because we still need a lot of them with their fund. For now until the next bull run, bitcoin investment is a safe cruise, not like Titanic ship . I will encourage you to check the coinmarketcap every other week to help your anxiety.
usually the problem for beginner traders is that they are afraid to take steps, meaning they have monitored price movements and waited until prices fell but when the price fell this new trader was afraid to enter and buy coins because he thought they would fall again, and prices rose , so that this new trader is late to buy coins. |
|
|
|
If you are saying that there's people who became rich because of bitcoin by illegal activities well it's true, there are lots of hackers, scammers and phishing websites that do this. Well i don't think it's a big issue at all because it already has been ongoing for many years ago and if you compare it to fiat, the illegal activities are far worst compare to crypto.
many do this method, one of which is hackers who can reap huge profits because they can steal all the money that is on the exchange, rather than making an ICO or IEO that will make your good name polluted because doing fundraising fraud is better to be hackers are very sophisticated because of the many cases of hacking by hackers they don't know the identity of the culprit. |
|
|
|
The future is looking bright at this point. We just have a massive rally that almost push the price of bitcoin to $7k. So everyone is still good and I don't see anything in the future that can really stop this new revolution.
no one can predict how the future will be, whatever will happen in the future is difficult to predict accurately and I think this digital currency like bitcoin will not guarantee that it can provide a bright future, I would advise you not to be too comfortable with the existence of bitcoin because someday there will be someone who will replace bitcoin. |
|
|
|
Whos could he be? There is an interesting countdown going on the moment at a website. Is it a marketing stunt? Or would they unveil the real Satoshi? In my opinion, it is more like gaining some marketing popularity as their Twitter account has grown up quite massively.
Of course, many people want to know about Satoshi, but I think this is too difficult. Because he is not foolishly declaring his name because it does not benefit him. People think he has a lot of money and I'll search and arrest him. For me, I don't care if this only knows that there is an outstanding figure who founded Bitcoin and made the whole human race crazy for it. I think if someone leaked Satoshi Nakamoto's identity then surely he would be the target and surely Satoshi Nakamoto would feel threatened from various parties, even Satoshi could be worshiped by some people who had benefited from the existence of Bitcoin. |
|
|
|
I put much faith in this coin, this is currently mine most anticipated altcoin and I'm looking forward to see how it will develop in near future
You can making a good decision on holding on to FTO. I once had the opportunity to get some FuturoCoin right from the very start but I eventually decided not to and instead bought into projects that sadly became scams! What a waste of money, time and opportunity. I also left the parent company's main program (its revshare program) while the other programs I decided to stay on slowly died right before my eyes! indeed there are a lot of projects that are trying to deceive many people by giving statements like that, to be able to be careful with scammers like this, I hope no one is a victim of these scammers. |
|
|
|
All the rumors associated with the release of FB Coin do not have any really plausible basis. Even if this happens, I personally will not have confidence in such a project against the background of numerous scandals around Facebook.
I don't think you need to be like that, if you don't want to participate or contribute to Facebook coin then it's okay but you should be able to see how the development of Bitcoin prices when it was first created no one cares about bitcoin but the current price can be very expensive. |
|
|
|
I still believe that i have a bright future in the field of cryptocurrency. Well everyone has their exact time to shine so im just waiting for it. The first on my list once it happened is to get a lambo.
well, everybody says that but in the world of cryptocurrency no one can know what their future is like, when you can follow the flow of cryptocurrency price movements you can become rich but if you can't follow the flow maybe your future in cryptocurrency it will be bleak. |
|
|
|
Some investors have figured it. But those who complaints when bitcoin price fall are need to learn about what the thing that they invest in. Most of bitcoin investors are speculative investors who invest based on luck. If those people learn about how the market works then they will know when is the right time to enter the market and when the right time to out from it. I am very becareful when make decision on trading so I am not do day trading. I only buy or sell when there is a signal. I also only invest in reliable project, I do many research before I invest in a project.
well, if there are investors complaining when the price of bitcoin in the exchange falls, I think that investor looks like a beginner because when the price of bitcoin in the exchange should fall then investors should be happy because they have the opportunity to be able to buy at cheap prices. |
|
|
|
|
there are so many factors that make me like cryptocurrency, from cryptocurrency I am motivated by the existence of financial technology that can make many people easier to make money transfers or make safe and convenient buying and selling transactions, with digital currencies like this cryptocurrency all financial transactions can be faster and less complicated.
|
|
|
|
Sure you might be able to catch some resale value of a 3 year video card but guess what. You pay taxes on that income you got from selling that video card and doing all that leg work. I personally would rather run them down to the ground. Now that makes no sense. Assuming you bought the video cards for a company account, you would certainly not pay income tax from selling these cards several years later at a lower value. Video cards in that role are assets that depreciate. Selling them does not generate income, nor profit. The income is the value of the coins they mine for you. The profit is what's left when you deduct costs. indeed, now the profits you get from mining using a graphics card like that cannot generate very much profit anymore because of the influence of falling coin prices on the exchange, so there are now many who have not activated the rig as long as the price falls. |
|
|
|
I was having wildly fluctuating hashrates for a couple of weeks on both my R VII's, until I realized I need to add some external cooling on my open air rig. Outside ambient temps were about 70-90 F (20-30 C), so apparently just ambient air isn't enough to cool them down. I have two cards, Asrock Radeon VII's with Samsung memory. Before cooling it was running at 79-89 MH/s on Ethereum and fan speeds set to auto, running around 75%. With the speed fluctuations I suspect throttling due to heat.
I went ahead and added a box fan. Result is one card running stable at 89.6 MH/s and the other stable at 89.4 MH/s.
MSI Afterburner settings: Core 950 mV, Power limit -10%, Core Clock 1750 MHz, Mem 1100 MHz, Fan Speed auto.
What is your junction temperature? Looks to be around 95C to 101C. I think the temperature is very hot for mining that can make your place burn, you better be careful and too over when mining. |
|
|
|
maybe we still need to learn more about this veil coin, because this coin still appears on the surface, and we still can't determine how profitable this coin.
Yes, everything depends upon the development they do in the market and even the price is also based on the thing they do in the market. Right now the option is very much interest to mine this coin which is profitable at the current price. Cryptocurrency selling prices can have very expensive prices because they depend on demand and the development of the platform, when the development is good and has high demand, the price of coins can be expensive than the previous price. |
|
|
|
I'll try staking Veil as soon as I have earned enough coins from the bounty program. Looks promising as well that's why I joined the bounty.
indeed the benefits obtained are not as much as the capital used because this staking veil can provide a lot of benefits because the total supply of veils is very limited and the price can be more expensive than the current price, so you should be able to use the veil as best you can to get a very profitable Many people use smartphones and it is very dangerous, smartphones are not suitable for staking. |
|
|
|
The features are nice and it has excellent outlook. Many miners are based on some certain subscription payment plan, i need to ask if this is free or there are other hidden charges attached to it
I think to do mining there is usually nothing free, usually only at the beginning will be noisy but in the future some time will definitely pay because it is a marketing strategy like that. |
|
|
|
While running this could get you fired from your day job, this resource is good for tapping unused CPU processing power. I will try this in the months to come and give feedback if it's really hidden and unnoticeable.
"Hide in plain sight"
when you run this maybe you can use it in your workplace if you work in an office, so every employee who activates a computer will do mining too but I think that is very dangerous because it will reduce the performance of computers used for mining. |
|
|
|
Hello guys I like us to share our view on which cryptocurrency you are buying at this dip and reasons why you think is the best shot to buy during this dip??
first bitcoin, second ethereum then few altcoins with huge potential depends on my predictions i believe with Bitcoin and ethereum, so whenever the market down harder, i will spend my money to buy bitcoin and ethereum mate well, when the price of bitcoin falls it can be a very good moment to buy as much coins as you can and you don't need to be afraid of bitcoin because bitcoin prices can be very expensive again because very limited bitcoin supply will make bitcoin prices recover when prices fall down. |
|
|
|
|
Show Posts
