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You can't blame us, people made different kinds of excuses to loan a small amount of money, only to default later. This often happens with newbies and Jr member. Forget about cloudmining, you can never make a profit or even ROI, the difficulty is rising too fast and the price is too high.
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Mining is essential to keep the network going. The 25 BTC with a block is called a block reward because it is what it says it is - a reward for successfully hashing the block.
Read up on the protocol documentation to find out more.
When 21M BTC are rewarded from blocks, there will be no more blocks that have a reward, but miners will still be rewarded with all the tx fees, just as they are now.
If everyone shuts down their ASIC units, the difficulty will go down, and GPU mining would then be back. But it's 2140, who knows what's gonna happen in 100+ years.
To be honest, I'd be very surprised if bitcoin survived that long. I think there could be existential threats (such as new decryption methods that threaten public/private key security, etc) that loom within that time. Hopefully not, but....  We can make a fork to another algorithm, however, ASICs would have to be redesigned. I believe bitcoin can stay secure for a very long time or even forever. |
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You can try using coinbase, They pay transaction fees for transactions above 0.001. But still, it is a centralised wallet does have a higher chance of your coins getting stolen.
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Do you have nodes connecting to your client? Is your blockchain fully synced? Try searching on blockr.io
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Since no coins are being generated, the price should increase. More efficient ASICs would continue to be developed, small miners would be out of the game. People would be paying miners fees and the network would keep going as the watts/GH would be very low.
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CPU mining have a lower chance of getting a share as your CPU is very slow, the dogecoin difficulty is very high. Even if you set the difficulty to 8, you may have difficulty getting a share. Your cpu will also die very soon as the heat is very high. You would also be wasting your time and electricity trying to mine a few dogecoins.
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It is calculated by your coin age, your size of transaction and the amount of outputs and inputs. If you have a lot of outputs or inputs, you have to pay a fee since the size of your transaction is bigger. If your outputs have a minimum of 0.01 and you have little input transaction and output transaction, you need not pay a fee. Your priority depends on your amount of fees, coin age, size of transaction and dust transaction have a low priority than higher amounts of transactions.
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not mine but of my dedicated server.   this is my internet speed at home, i wish i had more upload speed. I pay about 50 € (68$) for it.  its very cheap if compare with my country for 100MB i must pay 278$  Which country are you located at? That seems pretty overpriced. My country 500mb/s unlimited internet for $78 per month and cheapest is 1Gbit/s $49.99 ( https://secure.myrepublic.com.sg/) yup because here if you want rent internet you must rent device too that's why price more expensive i'm from indonesia now i use 6 Mb with 30$ as price per month I always thought ISP provide them for free for their customer, most of the ISP I see in Singapore offers free device when you sign a contract. |
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Martingale is good for free money, but I wouldn't risk anything. Risking too much for too little gain.
It actually isn't that good for free money, you can bust within a short amount of time, before you get any profit and if you do get a little profit, it isn't actually a lot unless you do it in the long run which is risky. You can get greedy and lose it all. |
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Use a relatively strong password, send a pm with your address to someone(make sure you can sign a message with it). Get a anti virus and do not install suspicious softwares.
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Check the service section. However, as you are a newbie, you only have one or two to join. One of them is 777coin's signature campaign. Most requires at least member status. All of them require you to post constructive post to request payouts.
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can I have a mod do an IP check on two users? I dont even need to know the IP, I just want to see if these two profiles are the same. If so, I have just been a part of the biggest duke in the history of crypto...
dimecoin
kauhywka
Mods cannot check IPs, only theymos can. |
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Martin gale will work on small ammounts on a big balance. Just quit whilst you're ahead and don't get greedy.
Not really, you can also bust on the first few rounds, even if you have a big balance, the risk is actually higher here. This gambling system works so that you must take ever escalating risks to potentially receive a small reward that does not increase with your increased risk. It isn't worth is to use 1BTC to get 1 satoshi. If you actually want to use it to make a decent profit, example, 0.01, you can bust within the first few rounds, variance occurs so you might get a very bad streak immediately. |
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Since P2Pool is very small it has a higher variance as it's small size creates a greater chance that it's two week luck will be something other then 100% this can work for or against you
In the long run, both p2pool and big normal pools can have the same amount of payout, I believe p2poool will have a bit higher payout. |
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If you are talking about the rewards, give it at least 6 months, both of them will have more or less the same payout for the last 6 months. Most normal pools have fees which can result in p2pool having more payout. They also have email notifications which alerts the user if the hashrate falls below X.
Is there any reward for the P2Pool owner ? Some of them run it for free for others. Some people set up their own nodes and mine it on their own node as it have less latency and traffic. So, unless a P2Pool owner has his own mining equipment, he's not gonna profit from this ...right ? Because, like a normal pool owner, he cant charge ...is not it ? Unless you impose a fee and people are still interested to join it which is unlikely. Is it possible at all to impose a fee on mining payout for a P2Pool ? Yes, if you run this command, screen -d -m -S btcp2pool ~/p2pool/run_p2pool.py (username) (Bitcoind password) It will automatically donate a small amount of the miner's revenue to you. Thank u so much ...u have been very helpful  Do u know if a pool (P2Pool or normal) can be setup on Google App Engine ? I don't really think this is possible, it is also quite expensive, try buying a dedicated server or VPS to host it. Their official website is http://p2pool.in/Appengine provides daily 28 instances for free. I'm running some of my low traffic sites over there. I heard P2Pool does not take much of server resource ...so I thought we can run one for free on Appengine. I don't think the resources would be enough for you to host a mining pool, they require a higher specs and maybe ddos protection, I also don't think it can run on Google app engine. |
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If you are talking about the rewards, give it at least 6 months, both of them will have more or less the same payout for the last 6 months. Most normal pools have fees which can result in p2pool having more payout. They also have email notifications which alerts the user if the hashrate falls below X.
Is there any reward for the P2Pool owner ? Some of them run it for free for others. Some people set up their own nodes and mine it on their own node as it have less latency and traffic. So, unless a P2Pool owner has his own mining equipment, he's not gonna profit from this ...right ? Because, like a normal pool owner, he cant charge ...is not it ? Unless you impose a fee and people are still interested to join it which is unlikely. Is it possible at all to impose a fee on mining payout for a P2Pool ? Yes, if you run this command, screen -d -m -S btcp2pool ~/p2pool/run_p2pool.py (username) (Bitcoind password) It will automatically donate a small amount of the miner's revenue to you. Thank u so much ...u have been very helpful Do u know if a pool (P2Pool or normal) can be setup on Google App Engine ? I don't really think this is possible, it is also quite expensive, try buying a dedicated server or VPS to host it. Their official website is http://p2pool.in/ |
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Hello,
Can I add this personal message to my profile and sitll post with my signature of Primedice?
How much is the rate per post for sr member, because i didnt saw in the op the rates for sr and hero members? Thank you a lot!
BR
Gondel
☆ Personal Advertising Message ONLY: 0.00001 BTC per constructive post. 20 Posts min per week. Stunna might not let you, though he doesn't mention anything about advertising in the personal text, but what's the point? If you make the full 400 posts in the month on PD that's a whopping total of 0.004 you'll get from this. May as well not bother. Only 0.001, the maximum post paid is 100. |
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If you are talking about the rewards, give it at least 6 months, both of them will have more or less the same payout for the last 6 months. Most normal pools have fees which can result in p2pool having more payout. They also have email notifications which alerts the user if the hashrate falls below X.
Is there any reward for the P2Pool owner ? Some of them run it for free for others. Some people set up their own nodes and mine it on their own node as it have less latency and traffic. So, unless a P2Pool owner has his own mining equipment, he's not gonna profit from this ...right ? Because, like a normal pool owner, he cant charge ...is not it ? Unless you impose a fee and people are still interested to join it which is unlikely. Is it possible at all to impose a fee on mining payout for a P2Pool ? Yes, if you run this command, screen -d -m -S btcp2pool ~/p2pool/run_p2pool.py (username) (Bitcoind password) It will automatically donate a small amount of the miner's revenue to you. |
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That explains why when I sent 5 cents from one wallet to another it cost me 15 cents in fees. All the coins I have are from free bitcoin sites.  In the future when each coin had been spent many times will this increase fees? Nope, your fees are calculated by the size of your transaction, having more inputs or outputs will require you to add extra fees. It doesn't matter how much time it was spend, if it is calculated using that, fees would be 1BTC now. In your case, you had a lot of inputs which requires you to add some fees. Even without so many outputs, your 5cent transaction will still require a fee since it is a dust transaction. |
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