You can speculation mine. Grandpa did and made 8k or so =)

Grandpa's Cryptocurrency Mining Update With His Alienware Area 51 PC
https://youtu.be/xTLRXOKL2dg

If you're interested in speculating into a newer project that I would look into https://veruscoin.io/


It's one of the most profitable CPU mineable coins available and you can stake what you mine for a 28% yearly Roi.


This video focuses on one major Tech release that happened but I also skim the surface of a lot of other technology and potential that it has.

Major Cryptocurrency Mining Opportunity - Watch NOW!
https://youtu.be/mygBphTBYpE




I should also ask you what components do you have in your computer

We call that speculation mining. Some of these other guys are right it's much harder to find a really good project these days but you can always find a needle in the haystack.

For graphics cards I always like Handshake and Nexus but they're not very profitable these days but have a good chance of doing a hundred X. Nexus went from $0.10 to $15 at one point in time.

If you're interested in speculating into a newer project that I would look into https://veruscoin.io/


It's one of the most profitable CPU mineable coins available and you can stake what you mine for a 28% yearly Roi.


Verus is what I consider a blockchain 4.0 it is going to allow for Mass adoption and and they are continuously putting out some of the most revolutionary Tech I've ever seen in blockchain.

More info:

https://bitcointalk.org/index.php?topic=5209405.msg53338126#msg53338126


This video focuses on one major Tech release that happened recently but I also skim the surface of a lot of other technology and potential that it has.

Major Cryptocurrency Mining Opportunity - Watch NOW!
https://youtu.be/mygBphTBYpE

Join me on an Epic Journey through the last five years and make sure to subscribe to the channel!  I'll teach you how I did it and how I'm going to do it again! The Time Is Right Now, the having is just right around the corner and a lot of other things are lining up for a slow but steady growth over the next year or so! We can do it again over the next couple of years, the time is just right, so subscribe to the channel and learn all about cryptocurrency mining investing and trading.

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Bitcoin and the original blockchain technology don't go anywhere. The reference to blockchain 1.0, 2.0, and so on represent the the advancements made in blockchain technology and what era we might be in.

Blockchain 4.0 is the point at which we believe Mass adoption will start. Think about it, cryptocurrency itself is pretty difficult to use, we need to simplify it and make it very easy to anybody to use.

Just imagine a day when you can send your ETH to your friend but yet he gets Bitcoin come out the other end instead because that's what he wants and that's what makes interoperability so important.

It has finally arrived! Blockchain technology has just about evolved far enough to allow Mass Adoption to start taking place.

Blockchain 1.0: Currency (Bitcoin)
Blockchain 2.0: Smart Contracts
Blockchain 3.0: DApps (DApp is an abbreviated form for decentralized application)

Blockchain 4.0: Making blockchain easily scalable and interoperable!


miketout Yesterday at 1:55 AM

./verus -chain=VRSCTEST getwalletinfo
{
  "walletversion": 60000,
  "balance": 50006719.64680906,
  "unconfirmed_balance": 0.00000000,
  "immature_balance": 2376.43783975,
  "eligible_staking_balance": 2448.00010000,
  "reserve_balance": [
    {
      "gold": 50360609.82510300
    }
  ],
  "txcount": 583,
  "keypoololdest": 1588226832,
  "keypoolsize": 101,
  "paytxfee": 0.00010000,
  "seedfp": "eb97da23375b5a38a684c21b3afc9070697d5223282bf7cfa19a517f3be2debd"
}

miketout Yesterday at 2:02 AM

The new testnet, which will be coming any day now (hopefully tomorrow), will support both token currencies and token launches, as well as blockchain currencies and blockchain launches. We may release testnet first with only token launches before the blockchain launches are enabled to get people started testing tokens launching them, and sending them around.

Any ID can be used to launch a token with the "definecurrency" API.

Almost all of the same parameters for tokens apply to blockchains, but blockchains can emit coins, merge mine (new limit of 22 blockchains at once from 15) and stake, have multi-currency fractional reserves, and support zero knowledge on the native currency of any chain.

Tokens enable participation at launch in multiple currencies as a way to convert, so for example, if there is a USD token, BTC token, and VRSC coin, you could make a currency that can be purchased by any of those three prior to launch at a specified conversion rate.

You can specify different conversion rates for each currency, as well as a minimum and maximum.

Each token or blockchain also has a start block on the VRSC chain. when that block is mined or staked, the currency will either start, and automatically send all of the participants their currency, or if the minimum targets are not met, all participation will be refunded in the original currency. These things happen automatically as part of the mining and staking process. There is a very small transfer fee that is taken for miners and stakers from transactions, even in the case of refunds.

Once a token or blockchain is created, you can send it on the chain it was created on, and you can also use it as one of the reserves in a multi-reserve currency blockchain. All blockchains get a corresponding token on the creating chain as well.

Tokens can be fully controlled by the blockchain and starting conditions, in which case the launch conditions determine the entire supply. They can also be controlled by the ID behind the token. In that case, the ID behind the token has the ability to mint new tokens. This can be used in the case of a centralized token that represents stable, centrally controlled reserves or assets. Tokens can also be used for many other things, like tickets, weighted voting, games, etc. The type of token and whether it is centralized or not is specified at time of creation and cannot be changed. We are expecting to eventually make it easy to move from a token to a blockchain, but that will not be in the first PBaaS release.
All PBaaS chains will be able to create an unlimited number of IDs and tokens.


More info From Verus Discord
https://discord.gg/VRKMP2S





More info

Michael J Toutonghi  --  https://thedailychain.com/the-verus-review-with-mike-toutonghi-2/
Lead Developer

Former Vice President and Technical Fellow at Microsoft, recognized founder and architect of Microsoft's .Net platform, ex-Technical Fellow of Microsoft's advertising platform, ex-CTO, Parallels Corporation, experienced distributed computing and machine learning architect. ( from: https://veruscoin.io/about )


---------------

A fully decentralized protocol with no company to take a cut along the way, any blockchain costs to launch a PBaaS project on Verus are paid directly to miners and stakers for verification, notarization, and initial conversion of Verus to the PBaaS reserve currency. Any range of the contributions to a reserve blockchain launch, from 0–100% of proceeds, can be transparently routed to the reserves of the fractional reserve currency, with the remainder being distributed, also transparently, as determined by those who launch the chain.
It’s important to understand that we are not building these technologies to just talk about them or claim that we did something. We strongly believe that the world needs Verus PBaaS and fractional reserve currencies. Some of us are helping exciting new projects work on use cases in addition to those described in the Verus vision paper, and we fully expect these projects to leverage PBaaS reserve technologies.

In one very powerful sense, the Verus reserve ecosystem will have no need for and no overhead imposed by money changers, a virtue that is going to be more and more important as it grows.

READ MORE:
https://medium.com/veruscoin/verus-public-blockchains-as-a-service-fractional-reserve-currencies-274c8b3b3a94


---------------

Verus And The Fight Against COVID-19

Earlier this week Mike Toutonghi, Microsoft’s former VP for the eHome division and Chief Architect of .Net, participated in a live town hall meeting held by the Asian Pacific American Task Force.

The Task Force is building a technological solution for gathering and storing data related to COVID-19 infections in a privacy-preserving manner. The solution involves storing attestations on the Verus chain in such a way that a user can determine when, to whom, and how much of the data they share.

READ MORE at:
https://thedailychain.com/verus-and-the-fight-against-covid-19/


LINK TO PDF FROM https://valu.earth/

https://valu.earth/img/SkyviewPilot.pdf


--------------

I realize there's a lot of information here and I hope you take the time to really go through this!

I personally wish I had a chance to be on the ground level of Bitcoin in its early days. I have been in the space for quite a while and this is the first time I really feel like something really revolutionary is just upon us!

What does everybody think?

Are you ready for Mass Adoption?

Dont' miss Mike Toutonghi interview about decentralized blockchain based domains at NamesCon Global 2020.

https://www.youtube.com/channel/UCNm5NvxG3qAGIEYCkqaWMsw?view_as=subscriber
https://www.twitch.tv/sineboywaveman
https://www.periscope.tv/SineboyWaveman/
https://dlive.tv/sineboywaveman

That is definitely quite a bit of processing power! These days the hot CPU mineable coin is Monero if you're looking for what I call bread and butter. It won't make you much but it will pay the bills or you can speculate mine essentially - newer project that you believe in and has a lot of growth potential. It's all about your risk tolerances and how much information you can dig up on some of these newer projects.

If you're interested in speculating into a newer project that I would look into https://veruscoin.io/

It's one of the most profitable CPU mineable coins available and you can stake what you mine for a 28% yearly Roi.

Considering you're in the gaming industry this may be a good platform as well to look at.

Verus is what I consider a blockchain 4.0 it is going to allow for Mass adoption and and they are continuously putting out some of the most revolutionary Tech I've ever seen in blockchain.

More info:

https://bitcointalk.org/index.php?topic=5209405.msg53338126#msg53338126


This video focuses on one major Tech release that happened recently but I also skim the surface of a lot of other technology and potential that it has.

Major Cryptocurrency Mining Opportunity - Watch NOW!
https://youtu.be/mygBphTBYpE

Mining is a much safer investment than buying the coins directly for several reasons but ultimately what you need to understand is your cost of power and can you get it cheap enough to make it worth it. Unfortunately I don't have much time to go through all of it right now but if you can get power at around 10 cents per kilowatt or less let then you may want to look into it further.


Check out mining YouTubers they provide a lot of information I'm sure that you can get what you're looking for.

GL

If you go with safe lithium iron phosphate (LiFePO4) it can be done. You can build your own for about $600 or buy them pre-built for about a thousand each or by the used ones like I did for about 300 to 350.

The big question is how much power do you use and how much battery do you really need? For example if you wanted to pull about 400 Watts 24 hours a day you would probably need about five or six of them (144 Ah).

As far as the battery life expectancy goes it could last anywhere from 10 to 20 years depending on how many times you depleted a recharge them. For an example if you were to mine with them and use all the energy and recharging everyday it would maintain more than 80% of its original charge capacity for about 10 years and probably only hold about another 60% of its original capacity over the next 5 years or so.

I hope this helps but did you give me a better idea what you're trying to do I can try to help you more.

Kyle and I are going to install the 500 watt solar array for the off-grid cryptocurrency mining setup system. We're going to be installing 5 100 watt Richsolar polycrystalline 12V solar panels today. It did not take us too long but unfortunately we got a late start so the video gets kind of dark towards the end but I believe it's enough to get the idea of what we're doing.

This is going to be a really simple project that anybody can do and have their own backup off grid solar system mining cryptocurrency while you don't need it, until an emergency situation arises.

Backup power system that pays for itself!

I personally been mining cryptocurrencies for years and I love it! It's an awesome hobby and it's a lot of fun but one of the worst things is having to sell some of it to pay for your power but with this setup you'll never have to sell it anymore =)

***Make sure to subscribe to my channel, there's a lot more to come and you don't want to miss it. It only takes a second***

https://youtu.be/AkbzDbrZNsw





How To Build An EASY Off Grid Solar System - Mining Cryptocurrency - Part 1
https://youtu.be/G2tg5TjWEDU



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https://bitcointalk.org/index.php?topic=5212223.0

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Grid tied is really one of the best options especially for large-scale mining and I've been using it for years but it does you no good those times that year when the grid is down. For the home systems, I've always recommended for people to have at least a couple of days of battery backup with there systems.

Although what makes this system a bit different than what I'm used to seeing and setting up. Is it can be set up in away that it's an off grid system only utilizing the grid as a backup so you don't have to stop mining when there's not enough power from the solar. Because the way it's configured you do not have to get any inspections and you can install it simple yourself.


For about $1,000 you can CPU mine for free for 8 to 10 years plus have an emergency backup power system that pays for itself.


John B. Goodenough is a legend and most people don't know that he invented RAM and the Lithium-ion batteries as we know it.

I actually had an older 280 I wanted to use for this project but due to living in the woods. I wanted to go ahead and max out the mpp all-in-one unit at 500 watts but I was going to have to order another panel.

Due to the mppt charge controller having a Max of 500 W, I couldn't order the exact same panel because it would put me over the 500 watt limit and then I wouldn't have the option of running it in parallel.

Just ordering two panels with shipping turned out to be more expensive than ordering the five 100 watt panel and they're more durable than the ones that are meant to be put on top of the house.

In today's video we're going to learn and discuss about solar cryptocurrency mining and what parts will be required in case you wanted to follow along. This is going to be a really simple project that anybody can do and have their own backup off grid solar system mining cryptocurrency while you don't need it, until an emergency situation arises.

Backup power system that pays for itself!

I personally been mining cryptocurrencies for years and I love it! It's an awesome hobby and it's a lot of fun but one of the worst things is having to sell some of it to pay for your power but with this setup you'll never have to sell it anymore =)


***Make sure to subscribe to my channel, there's a lot more to come and you don't want to miss it. It only takes a second***


https://youtu.be/G2tg5TjWEDU





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.

This particular rig was very difficult to troubleshoot compared to the usual problems you run into. Follow along as I teach you how I figure out what's wrong with it and how we fix it.


***Make sure to subscribe to my channel, there's a lot more to come and you don't want to miss it. It only takes a second***

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https://youtu.be/WwrQD8fX23c




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Let me put this rumor to rest, there are no FPGAs on the network as of yet but the latest rumors sound like we may not see them for several weeks or maybe even a month.

Yes FPGAs we're on the network prior but there's is Big different than other algorithms, in the sense that it equalizes hardware performance. Verus 2.0 which is the older algorithm made several different types of Hardware perform relatively similar in the amount of mining hashing power that they could produce. For an example: On the old algorithm, CPU mining was very profitable compared to GPU mining, which was not profitable and FPGAs we're about 20 to 30% more powerful compared to most newer CPUs at the time but had the added cost and could only do certain things compared to a CPU.

Verus 2.1 is intended to close that Gap and again there are no FPGAs bit streams available yet but it is expected that it may reduce that Gap by as much as 10% or more.


Verus is actually still very profitable to mine

On December 15th Verus had a major Network upgrade which introduced Verus IDs, which people can purchase and the proceeds (Money) go to the staker's, miners and refers.


Yes it is true the average CPU mining on the network will make about $0.75 a day with the normal Network Rewards but as people purchase IDs that number goes up drastically. As the network stabilizes and more people are purchasing names, I am trying to get a better idea of what the daily profitability is and will report back to you guys here or on YouTube with a video.

I'm currently mining Bitcoin, ETH, RVN, NXS and VERS.

I hope this helps and happy mining!

I hope everybody's doing well and in today's video I'm going to teach you how to put your CPU to work for you. Over the next couple of weeks or maybe even months you'll be able to make really good money with most newer CPUs mining Verus Coin.

Disclaimer, This is not Financial Advice, this is my personal opinion and please do your own homework.

I hope everyone is ready for the holidays and I wanted to make sure to tell you about the major mining opportunity happening on December 15th just in time for an early Christmas mining gift =)

https://youtu.be/rwx3pMqfXww

.

More updated information being released!

Announcing availability of the final expected CLI update, pool updates, and auto-switching miner update for all PC platforms. As announced before, any version 0.6.0-1 of the wallet will continue to work, solo mine, and stake through the activation at block 800200. Since the 0.6.0-1 release, members across the community have been working hard to enable a smooth pool mining transition when this technology activates, not to mention working to get the word out and educate people that a decentralized blockchain can do things they wouldn't expect, like enable them to recover lost addresses, control funds with changing groups of friends or families, and even pass on assets and funds in a will, all while keeping fully self sovereign control of their addresses and identities.
VerusID activates December 15th, block 800200. Thanks to incredible effort from across the community, including, but definitely not limited to @miketout, @0x03, @hellcatz, @Asher, @michaeltoutjr, and others, not to mention @rozo, @Dinsey, @Godballz , @SantostheGreat, @௫ȣѕҡҡ , @castlejack, @Chris - Monkins. We also want to thank @Meyse  who has been working hard with @michaeltoutjr on the GUI release and our new branding designs, which will be shared more broadly in the near future and included in the next GUI update. We hope everyone will be mining and staking as we activate the most powerful self-sovereign identity technology on any blockchain this Sunday at block 800200.
This latest Verus CLI daemon and wallet now supports a new optional format for your identity. As part of the VerusID protocol, identity names on all blockchains besides Verus (and VRSCTEST) will include a "." followed by the blockchain symbol before the "@". For example, on the chain VRSCTEST, an ID would normally be referred to as "bob@".  With this update, you will have the option only on the VRSC blockchain (or for testing IDs only, the VRSCTEST blockchain) to refer to your identity and include the blockchain name or not. For all other PBaaS blockchains, the blockchain name will be mandatory in an ID, as having no blockchain name is assumed to refer to the VRSC blockchain, or if in test mode and to make them the same, the VRSCTEST chain. That means that on testnet with v0.6.0-2 or later, you may optionally refer to bob@ as bob.vrsctest@ as well.
New, non-madatory CLI wallet version for Linux, Mac, and Windows x64 platforms, with support for pools and optional VRSC suffix for IDs (same underlying name and protocol) is available here: https://veruscoin.io/wallet.html
Nheqminer (the only currently autoswitching CPU pool miner) for Linux, Mac, and Windows x64 platforms are available here: https://github.com/VerusCoin/nheqminer/releases
Pool operators should update to the latest CLI wallet and also upgrade their pool with the latest https://github.com/veruscoin/node-stratum-pool and https://github.com/veruscoin/verushash-node
Congratulations to the entire Verus community for this major milestone and contribution to blockchain technology. There is no safer model for storing funds on decentralized blockchains today than VerusID. Soon we will all be able to use it!

I hope everybody's doing well and let me start off with this disclaimer, This is not Financial Advice, this is my personal opinion and please do your own homework.

I hope everyone is ready for the holidays and I wanted to make sure to tell you about the major mining opportunity happening on December 15th just in time for an early Christmas mining gift =)

Essentially what is happening is there's a block reward of 24 every minute and they're introducing an economy, which sells the names and the revenue from that goes to the miners and refers. We're expecting thousands if not tens of thousands of names to be purchased in the first few weeks. Therefore the block reward could be very large and I mean hundreds of dollars!


There's also referral program you can make money by referring people you do not need any hardware.

Major Cryptocurrency Mining Opportunity - Watch NOW!
https://youtu.be/mygBphTBYpE



----------------------------
Read the Public Announcement below for more information.
----------------------------

miketout 11/14/2019

@everyone As you may have noticed by reading various channels, we are going to roll out an upcoming massive set of capabilities that will enable the Verus vision in two consecutive network upgrades.
The fun begins tomorrow when we expect to start testing a brand new technology that will be imminently released to mainnet, which we call VerusID, or Verus Identity. Verus ID is a fully decentralized multi-purpose identity solution unlike any that has existed before. In fact, if the test plan for testnet goes well, we should be able to have an all platform mainnet release of Verus IDs by this weekend, which will contain support for mainnet identities that will fully activate November 30th, specific blockheight to be announced.
Until the actual mainnet activation, we will continue various identity and stress testing on testnet, as we work in parallel on a PBaaS multi-chain update to begin testing after November 30th, for another mainnet release before the end of the year. Tomorrow's expected testnet effort will disable PBaaS multi-chain, merge mining and reserves support currently on testnet and replace it with a new decentralized identity technology that will form the basis for new capabilities in PBaaS and across the Verus network.
Verus IDs are a completely new approach to identity that solves the typical kinds of challenges, such as secure authentication and a self-sovereign root of trust, as well as addresses unique challenges and risks that all cryptocurrency users face today. Have you ever thought of what would happen if you lost the keys you use regularly to access your crypto? Have you wondered how you might pass on all the crypto you normally use and stake to your family if something should happen to you unexpectedly? Perhaps you've become concered recently about the coming quantum supremacy and wonder if there is something you can do to prepare today?
Verus ID's address all of these problems in an elegant way and are the first decentralized identity technology to serve as everything from a recoverable, on-blockchain destination for your funds to identities that have the capability of proving your photo and with the participation of the right agencies, even various forms of photo, organizational, or government IDs as well. Verus IDs are:
1. Inherently multisig - each Verus identity can have one or more keys and one or more keys required for signing to spend.
2. Modifiable, transferrable and quantum ready - you may update the keys and even the number of keys at any time in an identity and once the transaction that does so is mined into the blockchain, all subspequent spends of transactions sent to that identity will require the new keys. In this way, the IDs are a form of quantum-ready destination, even though we have not yet implemented quantum signatures support. Whenever anyone, whether another community developer or I implement quantum signature support, and we do have a known way to do that, all funds sent to an identity that is upgraded to a quantum secure address will immediately require a quantum secure signature to be spent. This will apply to all transactions retroactively, no new transactions required for the funds to be secured.
3. Revocable and recoverable - each identity has 3 authorities and a private address. Although all three authorities can be the same, making loss of keys the same as today, they can be different identities as well. The three authorities are "primary", "revocation", and "recovery". The primary authority, which again can be multisig, may sign and spend on behalf of the identity. The revocation authority may not spend or sign on behalf of the identity, but it may revoke the primary authority and disable all transactions sent to that identity immediately. The recovery authority also may not spend or sign on behalf of the identity, but it may recover an already revoked identity.
4. Strong enough to provide KYC and governmental identity proof - Verus IDs may contain additional hashed commitments and can have public or private attestations that bind through hashing to specific parts of an identity, such as the hash of a passport photo, or as described in the vision paper, the merkle root of a tree of hashes of the elements of an ID, such as age, name, address, etc. validated, yet independently provable without necessarily disclosing the rest. Use in this way could enable tapping a digital photo ID to prove age, certification of some sort, or precinct location for voting, for example.
5. Discounted by referral - Verus IDs will cost Verus to acquire, 100 Verus per ID to be exact, which can be discounted to 80 Verus with referral of an existing Verus ID. The interesting twist is that all of the cost of an ID goes back into the network, either as referral fees, which are a way to get discounts or possibly even make money through referrals and built into the identity transactions themselves, or as mining and staking fees. No one besides people participating in the network as miners, stakers, or ID referrers take any proceeds from the cost of an identity. If you refer someone new and they purchase an ID with your ID as a referral, they will receive a 20% discount on the ID. In addition:
.
    a. You will receive 20 Verus directly
    b. The person who referred you, if there is one, will receive 20 Verus
    c. The person who referred person b, if there is one, will receive 20 Verus, and
    d. The miner or staker will receive the remainder of the discounted 80 Verus cost
As you might expect from looking at the fact that anywhere from 20 to 100 Verus goes to miners and stakers of Verus for each new identity once identities hit mainnet, some Verus blocks may have VERY high rewards for some time. The best thing about that is that regardless of how much the Verus blockchain rewards miners over and above the pre-determined 24 coins per block reward, it will be as a result of the on-chain economy, paid for by people buying identities with no inflation of the money supply! If you or your friends missed the early days of the Verus launch, you don't want to miss this new opportunity to be mining or staking when Verus IDs activate on mainnet!
As with all of the Verus network, Verus identity technology is decentralized, self sovereign, and includes support for private transactions. allow anyone to create revocable, recoverable, quantum ready, decentralized identities that can be used to replace your normal use of addresses on the Verus blockchain and soon on all PBaaS and Verus reserve blockchains as well. We hope you will help us test Verus identities when they are available on testnet tomorrow and learn more about how they can better secure your own blockchain assets.



.