hello anyone tell how to mine bitcoin freely,i still did not understand and is this possible or not?
try hashie .. . they give zou 10 Ghs free miner. |
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So cloudmining.website has daily earnings? What's his ROI?
In my first contract with cloudminingservice (bought at july 2014) I have already back 90% but actual payout is so low, that I thing ROI roughly in Jan - Feb next year. So ROI in 8-9months? Just rough estimation. Guys, what do you think about hashprofit.com? Their payback time forecast is 4-7 months with a trial of 200kh/s for a week
have no experience with them So ROI in 8-9months?
Guys, what do you think about hashprofit.com? Their payback time forecast is 4-7 months with a trial of 200kh/s for a week
No, you should only expect a negative ROI or loss from any cloud mining service. I have yet to hear any proof otherwise. Notice how proponents use dishonest representations and misleading suggestions rather than simply discussing examples where they turned a profit by verifying a specific claim. Product name , date range , rate ? (payout per day and amount invested aren't sufficient to validate claims) Has there ever been an example of any Bitcoin cloud mining contract in history that has been profitable for the investor? Im not using dates, names and numbers just to keep my privacy. ... I don't like sharing details with strangers, especially when it's about money ... So its up to you if believe me or not. Moreover, to be honest, Im not 100% sure whether will reach ROI alone (so far seems I will) but can tell you most of profit came from ref. earnings (thats a pure profit). I can give you ratios of my contract invest (x), received (y), last payout (z) y / x = 0,89478166 ( this is my 90% invest back) z / x = 0,00442469 this was payout nr. 125 (days) That's all Im willing to provide you. |
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I can't help wonder sometimes, say I have 10 BTC in X address, if I send them to Y address, I have 10 BTC in the wallet with the Y address.
Say I create another address for the same wallet with Y addy, will anyone be able to know if I spend some of that 10 BTC?
Yes, everybody will notice moving of those 10 BTC (its visible in blockchain), BUT nobody knows who moved them (unless you publish this addy with your name, email ... ) If yes can you please explain how? It's still unundeerstandable for me, since the blockchain only deals with addresses, how can btc be linkable to wallets?
Because blockchain is public. Other than that, if I send the 10 btc to Y address, will anyone be able to get all the addresses of the same wallet? Thanks!
NO. Only in case you send all bitcoins from all your addresses in single transaction. (then everybody knows all these addies are controlled by a single owner). |
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So cloudmining.website has daily earnings? What's his ROI?
In my first contract with cloudminingservice (bought at july 2014) I have already back 90% but actual payout is so low, that I thing ROI roughly in Jan - Feb next year. |
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PBmining is the best, for sure.
but bitcoincloudservices has better prices and daily payout (which is great for highers hash rate but not so good for small ones) + 7 days money back policy
I also tried hashie ... so far looks good, it is lifetime purchase (but they charge fees) ... I like the auto-rebuy option and also you can sell your miners.
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Most played dice game is primedice, quite fun is also with luckyb.it. or try lottery yabtcl.com
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Try bitstock.com (BTC/EUR) ... great is that you receive (and send) bitcoins directly to your own wallet
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is blockchain is offline?
can be, but then it became out of date and have to synchronize when you connect to the internet |
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I am using electrum. What if I uninstall my electrum wallet, but still got the seed. Will I have my bitcoins if I download the wallet again and insert my seed?
Yes your seed is your paper wallet. From this seed you are able to generate again all your addresses. And if I use Bitcoincore, can I just use it for storing the bitcoins without needing to download the blockchain?
Nope, Bitcoin core is full client and requires blockchain. But you can once generate an address, keep the privat key and delete core incl. blockchain from your HDD. (your generated addy will remain valid and you can still send bitcoins to. But to be able spending you would need to import private key to any wallet. If I am going to move bitcoins from one wallet to another I need the blockchian or is it not needed? Could I just generate an adress and receive the btc's?
Two options: 1 - send them by regural transaction - blockchain required 2 - move whole addy to new wallet (import) - no need of blockchain. |
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damn, I should remember that  I know for that. But, is there easier way to find them? Im having same issue. Would be quite useful to have "my threads button" in profile. For now solved by bookmarks in my browser. |
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what's 50k satoshi? how many btc?
50k satoshi = 50 000 sahoshi = 500 µBTC = 0.5 mBTC = 0.0005 BTC |
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one advice: stop mining this way.
It is possible everything is set up right but you have such a small hash rate that you are not able to find a single share = earn nothing (just wasting energy)
other options:
- buy a mining contract in with well known company (PB mining etc.)
- buy an ASIC (hardware specialized for mining)
- mine an nScrypt coins and sell them for BTC (or use some auto-switching pool)
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try to apply this procedure - introduce the basis... some video about the BTC idea ... I like this one https://www.youtube.com/watch?v=l9jOJk30eQs- show how it works, an example transaction (change addy, blockchain explorer) - make a wallet incl. paper backup - let him join this forum and search for giveaways, promos etc. (learn and earn something to start with) - warn him about risks (lost pass, too many small transactions ...) |
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Hi, I have 6.9 USD on btc-e.com and I want back bitcoins, but this is not possible on this site. Anyway, I want to withdrawal and I found option BTC-e CODE. How this option works? Can I redemt code for bitcoins? And where I can do this?  Thanx USD voucher just increase your USD balance ... similar to check. You will get an unique code (voucher) linked to amount USD you withdraw. Voucher can be redeem by anybody so you can sell it, donate or redeem yourself. |
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I posted this on another thread, but I do not understand how this is done? Can I use a mixer to get rid of "dust"? I think someone says a lot of small transactions in a wallet create dust.
If I put it through a mixer, will it put all the small coins together, to get rid of the dust?
Or what do I do to get rid of the dust?
You can create a transaction to another address in your wallet, to group your outputs. But if you have many of those 1 satoshi dusts, it is better to not touch them so to save transaction fee. I use a lot of faucets and accumulate a lot of dust. This supposedly increase my transaction fees. Can someone explain in detail, how I can get rid of all this, with the least amount of increased transaction fees? I use blockchain for the faucet stuff. How many transactions do you have? Try import (sweep) private key to another blockchain wallet. This worked for my 0.012 BTC with 80 input transactions. Armory wallet required almost half as fee (sweep took whole day to confirm but cost me only 0.0001 BTC) |
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Hi guys,
I want to know with a cpu core i7 how much hash I can check? is rational use use PC computer to mine bitcoin?
hmm, something around 10 megaHash? .... simply, don't try it, you will only waste a time |
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And this little piggy went hashing! Entry #: 59 Customer #: 3038
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best share:Mining works by hashing a bunch of transaction information over and over (millions of hashes per second), slightly changing a few pre-determined variables each time to get a brand new hash, and then comparing all of the resulting hashes to see if one of them fits a certain set of criteria, called the difficulty. When a hash succeeds in this, the resulting hash will have a difficulty of 1 (or higher), and is now considered a "share", as we can submit this share to a pool. Shares can vary in their difficulty. It's sort of like drawing straws with a bunch of different length straws: you never know how short the straw you're going to draw next is. The shorter the straw, the higher the difficulty, in our analogy. A share can have a difficulty of 1, 2 (twice has hard to find), 10 (10x harder), or 8,385,298 (8,385,298x harder to find). I don't know of any limit to how high the difficulty can go, but it gets incredibly harder to find higher difficulty shares. A block is found when a share's difficulty is higher than the network difficulty. At the time of this writing, that's about 19.3million. All of those diff=1 shares you submit to your pool don't actually count for anything, except to prove to the pool that you're actually working on finding a block (share with diff>19.3M) for the pool. Your "Best Share" is just a number to see how close you've come to finding a block. It's all completely random, so you could come back and find your GPU solved a block, or you could come back in a month and see you've never found anything higher. It's more of a fun, interesting number that doesn't really mean anything.
My 7970 in my desktop has a best share of 19.5K. If that were back in Jan of 2011, that would have been higher than the Network Difficulty, and it would have been a block solver. Now, it's nowhere close. Hope this helped answer your question. - https://en.bitcoin.it/wiki/Difficultyor try some search in OFFICIAL CGMINER mining software thread...
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"When all 21 million coins are produced, the MoneySupply will be neutral, and the value will continue to increase (prices will decrease, consequently), as long as people continue to exchange in BTC."
Can someone explaing to me why the btc value will increase when the moneysupply will be neutral ? Shouldn't be the value neutral as well ?
Thanks
wec
Tricky question. I think there is no 100% correct answer. BTC price is given by supply and demand, so even when the supply is down BTC price can still be affected by demand. As there will be no direct supply and assuming there always will be somebody who never heard of bitcoin, all those newcomers can potentially increase the BTC value if they shows interest in buying them. |
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