Basic Economics by Thomas Sowell
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Do you have a CPU? You can start mining CPU coins, Do you have a GPU (Graphics Card)? You can start mining GPU coins.
Mining is pretty easy, pick a coin, download their wallet & mining software, register and join a pool, start mining!
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BiblePay (BBP) (1) have strong fundamentals (clear use case, unique tech, good team, strong developers, not pre-mined etc.) - 10% coins donated to Charity, 38.5% paid for Cancer Research - Team Profile: https://info.qiex.com/team-member-profile-of-bbp/- NO PREMINE (2) can be CPU/GPU mined and are ASIC-resistant - CPU Mining Only, Unique Proof of BibleHash Algorithm (3) very small cap (below $5mln) - Market Cap: $1.7 million
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BiblePay is $0.0025 per coin, and is CPU Mining Only
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BiblePay: Masternode, CPU, Orphans, Cancer Research No premine, Less than 1 year old, only ~13% of coins in circulation
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The Symbol for Network Hash Rate might be incorrect, might meant to be GH giga instead of MH mega
What coin are you mining?
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Its probably not easy to time the market, Id suggest dollar cost averaging, buying a little every so often, like every few days, every week, every 2 weeks
We are getting closer to the cost it takes on average to mine a Bitcoin, Im curious if we will go below that mark or if it will be a floor
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Do you have any data to confirm this trend?
It will be interesting to see how more coins handle ASICs,
but I think there will always be usage and profit for GPUs, there are a lot of cryptocurrencies and a lot of experimentation, and GPUs can switch algorithms anytime
Forks arent necessarily a bad thing, new experiments get to happen
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You can use the CPUs for mining, there are CPU Only coins out there, BiblePay is one I like, older PCs work well for its hashing algorithm
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How is YescryptR16 different from YescryptR32?
EDIT: How is WAVI different then YenTen?
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