Ok, for those thinking about getting into this...don't.

It is HORRIBLY unprofitable.

I have optimized 11TB worth of plots running on a Xeon Processor via internal SATA3.

I have made about ten cents in 24 hours.

Here are the problems as I see it:

• Low Coin Value
• Pools are Designed to Heavily Favor those with larger plot farms.  let me explain.  In the GPU farming world, if you supply 1% of the hashes, you get 1% of the returns, minus any fees. In this Proof of Capacity world, typically the person that finds the solution gets half the reward or so.  Fine, whatever, that is proportional to work and fair, but the rest of it is weighted by a formula that depends on your best "deadline" found among your plots.  If your best deadline is below some pool set threshold, you will not get credit for ANY work during that block.   Many if not most pools have this limit set fairly low, say 30 or 90 days.  With my 11 TB, I would be above this threshold MOST of the time.  However, someone with more Terabytes plotted will be much more likely to have something that qualifies.
• Power Cost - assuming your mining rig uses 150W, it will take your first 8-10TB just to pay power costs for the month unless the PC was already going to be on.

I was smart enough to start on a pool that has a max deadline of a year, but it is still very unprofitable.  I would make considerably more just turning on CPU mining on my pc.

I cannot recommend this unless you can start with a very large number of Terabytes.

If someone has some numbers that prove me wrong, I will gladly listen, but for now, this is a farce.

Many altcoins without solid fundamentals, above all those I call "hype coins" (most ICOs and a few pumped altcoins, e.g. those "endorsed" by Mr. McAfee), will fall much deeper and steeper.

The coming usa stock market crash will lead to a huge explosion in Bitcoin prices.

That's exactly what OP wants to instill - fear. This kind of thiing always happens - or have you forgotten so soon?

Massive spike, followed by correction - during the dip, the bears are always saying that it will crash all the way, instead of just right above the previous peak levels (7.7k in this case), and draw made-up charts.

IF you want to sell, sell it. I'll take some cheap coins.

     BTC:
    

Thank You for the constructive criticism. You are right in that it is going to take some work and time to get this going, we are well aware of that. Rome wasn't built in a day
If you look a bit closer it's not a "cryptocurrency only" site, it says so right on the home page . We did that so in order to participate people don't have to commit to trading only with Cryptocurrencies, they can do it to a level that makes them feel comfortable.

I hope the darknet thing was just a joke!

Thanks again

That is if btc will be successful in dominating against other world currency but why do you even think of it dominating atm if Bitcoin itself has gone astray? Instead of it being used as a currency, it is seen by most of it's users as an asset. I can say this for certain because most of us here hodling bitcoin just speculates how it's price will be higher tomorrow and how we will get profit from it. That's not the proper use of a currency IMO and for btc to dominate world currency, it needs to be used in transactions more.

So lets say bitcoin is eventually gonna mean the downfall of the bank
as a wallet is basically a bank. You can store money and make transactions all freely and
autonomously. Theres even coins like populous that aim to make it possible to borrow money from crowd funded pools instead of getting
it from the bank or having to search for an investor who'll definitely take his share.

So when that happens and the banks and the government can't cooperate anymore. And the majority will be payed by bitcoin and wouldn't that
force governments to also start using bitcoin (or any other crypto currency but it wouldn't really matter to much as bitcoin is like the backbone of every coin) which would naturally mean that their own currency will lose its value by the amount that the government choses to use the bitcoins instead. And lets say one day theres not much fiat left ... how would the value of a bitcoin measured? in Eur USD Yen?

Or will it ever even come to such a scenario?

Just really wondering

We don't know for sure that the Tether printing is un-backed, although it's pretty likely. Bitfinex has already lost its Polish bank account, so how exactly is Tether getting $100 million wires on a daily basis? It's obvious what they're doing with the USDT injections. Every Tether grant gets sent directly to Bitfinex and large BTC markets buys usually happen shortly after. I remember 2013, and watching USDT is a bit like watching the Willy bot.

I recently begin researching PoS coins, so far I know about dash, neo, nav, okcash, rdd and stratis.
What are your experiences, is it profitable to stake coins and in what pos coin is smart to invest, if it is smart to invest in pos at all?
Is there any list of all PoS coins?

Bitfinex lets you do that, but you have to make a certain minimum deposit to start your account. I think it's about one bitcoin minimum deposit.

You have to verify if you want to withdraw as USD but not if you only withdraw bitcoins. Converting to USD then back to bitcoins is OK without verifying.

     I got geneismining a year ago to mine me bitcoin and I don't really like it so far. If this is the best one then I guess I will deal with it but if I am to purchase cloud mining which cloud miner should I get?