What Is Bitcoin Mining and How Does it Work? - TheStreet

Nordcoin Mining

Your trusted and safe cryptocurrency mining solution.
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Litecoin Cash

Litecoin Cash (LCC) is a fork of Litecoin itself utilizing an SHA-256 hashing algorithm. While the initial goal was to focus on bringing back SHA-256, along the way we created "Hive Mining," an agent-based system allowing everyday users to participate in securing and hashing the network to earn real LCC rewards. Be sure to visit our website @ https://litecoinca.sh for more information and join us on DISCORD to speak with the team and get free LCC rains just for chatting and being active!
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Ethereum Classic

Ethereum Classic is an open, decentralized, and permissionless public blockchain, that aims to fulfill the original promise of Ethereum, as a platform where smart contracts are free from third-party interference. ETC prioritizes trust-minimization, network security, and integrity. All network upgrades are non-contentious with the aim to fix critical issues or to add value with newly proposed features; never to create new tokens, or to bail out flawed smart contracts and their interest groups.
[link]

Princeton University To Hold Bitcoin Mining Presentation on 11/14

submitted by MillyBitcoin to Bitcoin [link] [comments]

08-15 15:15 - 'ETH and monero but ETH mining ends soon so your better to just buy and hold at this point you will never recoup your $5 grand mining just but Bitcoin or chainlink and hold on to it' by /u/Bloodsport121 removed from /r/Bitcoin within 21-31min

'''
ETH and monero but ETH mining ends soon so your better to just buy and hold at this point you will never recoup your $5 grand mining just but Bitcoin or chainlink and hold on to it
'''
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Go1dfish undelete link
unreddit undelete link
Author: Bloodsport121
submitted by removalbot to removalbot [link] [comments]

The supply of bitcoin is strictly limited!! Just never mind that BTC miners are now holding "inventory", because there isn't enough actual-dollar market demand to sell the freshly mined coins at the price they need to

The supply of bitcoin is strictly limited!! Just never mind that BTC miners are now holding submitted by dgerard to Buttcoin [link] [comments]

Ethereum Holds 4x BTC Than Lightning Network; Iran Bitcoin Mining Strategy; Reddit Founder Praises Crypto

Ethereum Holds 4x BTC Than Lightning Network; Iran Bitcoin Mining Strategy; Reddit Founder Praises Crypto submitted by afriendofsatoshi to btc [link] [comments]

08-10 15:45 - 'Chain link is now the 6th largest crypto by market cap @ $4.8 billion with a price of $14. Its a total scam tho!! The developers (team) hold 80% of all the coins and they were pre mined. Chain link (being an ERC 20 toke...' by /u/WocketMan0351 removed from /r/Bitcoin within 100-110min

'''
Chain link is now the 6th largest crypto by market cap @ $4.8 billion with a price of $14. Its a total scam tho!! The developers (team) hold 80% of all the coins and they were pre mined. Chain link (being an ERC 20 token) uses eth for gas prices and to make API calls which are insanely high right now. Unless you pay over $6-$7 in eth for “gas” or transaction fees, your tx isn’t going thru for weeks. It’s not surprising that Chainlink now has a market cap of $5 billion, because BCH and BSV are right around there to, both of which are total scams of a bitcoin hard fork and are 100% centralized garbage. Tether, another ERC-20 token also has a market cap of $10 billion and its $1 tokens are back by actual dollars as much as USD are backed by gold....it’s a scam but it’s used by lots of crypto traders. XRP.....3rd largest coin by market cap @ $13 billion. Totally centralized shitcoin that was premined and held by the company ripple. It’s absolute garbage. What does XRP do that bitcoin can’t? Why use a centralized coin like that?
Bottom line, there is not demand for other crypto’s like there is for bitcoin. Go to any store that accepts crypto (very few) and tell how many stores will accept something other than bitcoin. They won’t. These other coins are fast and cool at face value, but what’s happening under the hood isn’t really any different than the digital currencies that happened before bitcoin. These centralized projects can be squashed, attacked, and shut down by anyone with enough computing power or the govt. bitcoin cannot. That’s what makes bitcoin revolutionary. It worked because no one thought it would, and now it’s so insanely large it’s pretty much too big to fail and it will ALWAYS dominate its ecosystem until something JUST AS REVOLUTIONARY as bitcoin was comes along. Until then, bitcoin will continue to be #1. If I need to be corrected, or someone has something else to add, please do. Criticize me.
'''
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Author: WocketMan0351
submitted by removalbot to removalbot [link] [comments]

Berkshire Hathaway reduces bank holdings and adds gold mining company Barrick Gold (x-post from /r/Bitcoin)

Berkshire Hathaway reduces bank holdings and adds gold mining company Barrick Gold (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

DOWNLOAD LINK: yourmegafile.info/Businessman holding bitcoin cryptocurrency and mining concept ic...

Businessman holding bitcoin cryptocurrency and mining concept icons - 492824
submitted by GroundbreakingRich15 to u/GroundbreakingRich15 [link] [comments]

Businessman holding bitcoin cryptocurrency and mining concept icons - 492824

DOWNLOAD LINK: bit.ly/35FtVDo 492824

submitted by Negative69Cable to u/Negative69Cable [link] [comments]

Help needed for managing my investment (24 year Indian guy)

Hi redditor
About me
I am 24 year old guy. I am so much confused how to diversify my portfolio(% wise). I am very hard working guy and have 2 jobs. I work in IT for full time and have a part time job in bitcoin based industry. I am from East so would like for suggestion which could be applicable anywhere in the world. In my part time job i basically for a e-commerce company, just started and Bitcoin stuff.
My pay structure
My full time job pays me 27k-31k per month depends on my shift timings. On average it is 29.5k per month. Beside i get rent and food free for my part time job. However i spend a lot eating outside and other expenses which accounts to spending 5k at most. From my part time job i earn 3k-4k per month. It will be hiking up soon but i don't want to be over optimistic in this.
What i have done before.
I have tried mining, cloud mining and trading and all. Best way i believe is to hold Bitcoins. Mining has not given me any returns honestly partly because of my busy schedule, power cuts and heat problems. To add in however cloud mining has given me some good returns! And trading has given me kind of good returns but not worth given the time and energy spent!
What i am thinking to implement
The 3k-4k which i get in part time remains in bitcoins. Because what i have learnt is holding it and buying it when BTC price crashes gives you best returns keeping in mind amount of time and energy spent. Considering my average pay as 29.5k, 5k goes to my daily exenses. So i am investing my 25k approx in following portfolio in a % manner.. 5% Immediate liquidity.
45% recurring deposit of some kind.(Giving 9.15% in 1 year)(very secure)
10% precious metal.
8% LIC(It is a scheme by our govt. to save taxes in which i deposit fund yearly. They give a interset of 5% after 15 years)
25% Blue chips share investment.
7% In Bitcoins(whole risky)
I do not go into Fixed deposit scheme as i do no have hand ready cash in my account. I was also thinking for Muthoot Finance need some advise here.For precious metal, Blue chip share i plan to wait when market crashes. For this i need to keep 20%+10%(Blue chip+precious metal) in small short term investment(Gives 6% in 45 days). No penalty if i break it before 45 days just i dont get 6%. I plan to keep this 30% in this short term investment.And once my immediate liquidity reaches more than 10k i invest surplus in short term deposit as well. When this becomes a good amount i will invest that into mutual fund(say when i have 50-60k).
P.S I get 5.5% interest from my saving account if below 1lacs and 6% if above 1L.
Please suggest me is it a good plan or i need to do some twisting here. EDIT 7 % In saving account. I have group1 as LIC+recurring remaining balance(Cause i will be opting for a fixed recurring deposit, as my monthly pay varies. The percentage wise calculation(45% of my portfolio) will not be fixed)+saving account. This group i will keep in savings account which pays me 5.5% interest. After this group fund becomes good enough in range of 2-3L i will FD it.group2 as the 5% immediate liquidity which i keep in savings account till the amount touches 20k after that the surplus i invest in bitcoins.group3Blue chips+Precious metal , will not touch and keep in saving account. When market crashes i buy them.
submitted by rony_995 to india [link] [comments]

Chainalysis Claims Mining Pools Holding More Bitcoin for the Last Few Months

Chainalysis Claims Mining Pools Holding More Bitcoin for the Last Few Months submitted by Acrobatic_Peak to BitcoinLiveNews [link] [comments]

Want advise on diversifying my portfolio for 24 year old me.

Hi redditor
About me
I am 24 year old guy. I am so much confused how to diversify my portfolio(% wise). I am very had working guy and have 2 jobs. I work in IT for full time and have a part time job in bitcoin based industry. I am from East so would like for suggestion which could be applicable anywhere in the world.
My pay structure
My full time job pays me 27k-31k per month depends on my shift timings. On average it is 29.5k per month. Beside i get rent and food free for my part time job. However i spend a lot eating outside and other expenses which accounts to spending 5k at most. From my part time job i earn 3k-4k per month. It will be hiking up soon but i don't want to be over optimistic in this.
What i have done before.
I have tried mining, cloud mining and trading and all. Best way i believe is to hold Bitcoins. Mining has not given me any returns honestly partly because of my busy schedule, power cuts and heat problems. However trading has given me kind of good returns but not worth given the time and energy spent!
What i am thinking to implement
The 3k-4k which i get in part time remains in bitcoins. Because what i have learnt is holding it and buying it when BTC price crashes gives you best returns keeping in mind amount of time and energy spent. Considering my average pay as 29.5k, 5k goes to my daily exenses. So i am investing my 25k approx in following portfolio in a % manner..
5% Immediate liquidity.
40% Fixed deposit of some kind.(Giving 9% in 1 year)(very secure)
10% Recurring (Giving 9% in 1 year)
10% precious metal.
8% LIC(It is a scheme by our govt. to save taxes in which i deposit fund yearly. They give a interset of 5% after 15 years)
20% Blue chips share investment.
7% Muthoot Finance(13% interest yearly but whole risky)
However i face some problems.. For precious metal, Blue chip share i plan to wait when market crashes. For this i need to keep 20%+10%(Blue chip+precious metal) in small short term investment(Gives 6% in 45 days). No penalty if i break it before 45 days just i dont get 6%. I plan to keep this 30% in this short term investment. For fixed deposit(40%) and muthoot finance(7%) i need at least 10k for both to invest. I dont have fund ready in my account. I am very much confused with 40% thing. 7% i can invest in Bitcoins or some other coin.
P.S I get 5.5% interest from my saving account if below 1lacs and 6% if above 1L.
I plan to keep the 40% in saving account until it becomes a good amount to Fixed deposit.
HELP needed pleaseee..!
submitted by rony_995 to investing [link] [comments]

US Holding Firm Halted Mining Business After Bitcoin Crashed Below $4K

US Holding Firm Halted Mining Business After Bitcoin Crashed Below $4K submitted by Ranzware to BitNewsLive [link] [comments]

US Holding Firm Halted Mining Business After Bitcoin Crashed Below $4K

US Holding Firm Halted Mining Business After Bitcoin Crashed Below $4K submitted by cryptolobe to cryptolobe [link] [comments]

Antpool, which holds almost 20% of bitcoins hashrate, is currently mining a large number of empty blocks. Co-founder Jihan Wu is also in favour of bigger blocks. What's going on?

Antpool, which holds almost 20% of bitcoins hashrate, is currently mining a large number of empty blocks. Co-founder Jihan Wu is also in favour of bigger blocks. What's going on? submitted by Hitchslappy to Bitcoin [link] [comments]

Investment Banks Want Control of BITCOIN & CRYPTO MINING! SEE PROOF! Fidelity, SBI Holdings

Investment Banks Want Control of BITCOIN & CRYPTO MINING! SEE PROOF! Fidelity, SBI Holdings submitted by PrimeCoinz to CryptoMarkets [link] [comments]

Bitcoin Mining Hack! Mine Or Buy & Hold Bitcoin? Hashflare, Genesis Mining, Hashing 24

Bitcoin Mining Hack! Mine Or Buy & Hold Bitcoin? Hashflare, Genesis Mining, Hashing 24 submitted by ososru to Bitcoin4free [link] [comments]

Bitcoin Mining Hack! Mine Or Buy & Hold Bitcoin? Hashflare, Genesis Mining, Hashing 24

Bitcoin Mining Hack! Mine Or Buy & Hold Bitcoin? Hashflare, Genesis Mining, Hashing 24 submitted by Rufflenator to 3bitcoins [link] [comments]

Investment Banks Want Control of BITCOIN & CRYPTO MINING! SEE PROOF! Fidelity, SBI Holdings

Investment Banks Want Control of BITCOIN & CRYPTO MINING! SEE PROOF! Fidelity, SBI Holdings submitted by PrimeCoinz to ThinkingCrypto [link] [comments]

Investment Banks Want Control of BITCOIN & CRYPTO MINING! SEE PROOF! Fidelity, SBI Holdings

submitted by PrimeCoinz to DigitalAssets [link] [comments]

Investment Banks Want Control of BITCOIN & CRYPTO MINING! SEE PROOF! Fidelity, SBI Holdings

Investment Banks Want Control of BITCOIN & CRYPTO MINING! SEE PROOF! Fidelity, SBI Holdings submitted by PrimeCoinz to Bitcoin [link] [comments]

SBI Holdings, GMO Internet set to mine Bitcoin at 300MW facility in Texas

SBI Holdings, GMO Internet set to mine Bitcoin at 300MW facility in Texas submitted by CryptoCrunchApp to CryptoCrunchApp [link] [comments]

Bitcoin is six days older than 'blockchain': block #1 (the second block) was mined on 9th of January 2009 so before that there was no chain, just one single block (the genesis block #0), holding the first 50 bitcoins.

So happy 10th anniversary 'blockchain'!
submitted by joecoin to Bitcoin [link] [comments]

Inside a Bitcoin mine that earns $70K a day - YouTube How to Mine Bitcoin Using Your Windows PC - YouTube Bitcoin Vault Coin Hold or Mine Bitcoin Mining Software ~ Free Activation Key 2020 - YouTube Best Bitcoin Mining Site  Without Investment  Payment ...

Bitcoin mining is the process of validating transactions on the blockchain network. For a block to be added to the blockchain, a computer currently mining Bitcoin (a "node") has to successfully ... Bitcoin’s thirst for energy is well-documented. Current estimates have the global Bitcoin mining industry consuming 7.64GW, equivalent to around 64.08 terawatt-hours of energy consumption—the output of seven nuclear power plants.. That’s turned the eco-conscious against the cryptocurrency on principle—but Bitcoin maximalists claim that it can actually help the environment through the ... In early bitcoin forums, someone posted a message that spelt the word “hold” wrong, and readers interpreted it as an acronym “hold on for dear life,” Saddington explains. “Now, it’s become a meme of sorts, so that when the prices are highly volatile, bitcoin buyers say ‘HODL!'” Saddington describes himself as “a long-term ... Just the way we keep cash or cards in a physical wallet, bitcoins are also stored in a wallet—a digital wallet.The digital wallet can be hardware-based or web-based. Bitcoin Mining is the process of using specialized computer hardware to earn Bitcoin. The annual production of Bitcoin via mining is $3.5 Billion dollars, with most of that Bitcoin going to Bitcoin miners. ... Miners can decide to hold the bitcoin they create or trade it to other bitcoin community members. Bitcoin Mining Hardware.

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Inside a Bitcoin mine that earns $70K a day - YouTube

In this video I share what I'm personally doing with the Bitcoin Vault Coin. I have bought some to hold for potential appreciation. As well as I'm now mining Bitcoin Vault Coin through a company ... The virtual goldrush to mine Bitcoin and other cryptocurrencies leads us to Central Washington state where a Bitcoin mine generates roughly $70,000 a day min... Install Raid for Free IOS: https://clik.cc/lZAiM ANDROID: https://clik.cc/I3nBm Start with💰50K silver and join the Special Launch Tournament for a chance... I'm going to talking about top free best bitcoin mining website, and I'm gonna tell you every steps to get bitcoin mining! In this video I'm showing how to m... SUBSCRIBE FOR MORE HOW MUCH - http://shorturl.at/arBHL Nviddia GTX 1080 Ti - https://amzn.to/2Hiw5xp 6X GPU Mining Rig Case - https://bitcoinmerch.com/produc...

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