Discussion about Primecoin and its infra. Primecoin is a very innovative cryptocurrency, being the 1st non Hash-Cash PoW crypto, naturally scarce (not artificially), with very fast confirmations (1min), elastic readjusting reward & a useful mining (byproducts are primes). Primecoin is sustainable (miners are guaranteed to have revenues), and decentralized (ASIC/FPGA are not particularly advantaged). Sidechain for decentralized data applications (e.g. Storj) currently in development.
Primecoin is an innovative cryptocurrency, a form of digital currency secured by cryptography and issued through a decentralized mining market. Derived from Satoshi Nakamoto's Bitcoin, Primecoin introduces an unique form of proof-of-work based on searching for prime numbers.
So I got alittle lucky last week, I had 30 remaining $ in my bitcoin wallet, I've had them for months. I found a bitcoin betting website, I deposited $10, Turned it into $300. Cashed out, I ordered 2 Antminer S3+'s with a 1000W HP server power supply kit with wiring/adapter for the miners. Electricity costs me .08$/kWh, $10 invested, How accurate are bitcoin miner calculators? Like coinwarz for example, you can insert difficulty, electricity costs, watts, and GH/s, Based off that calculator, I'm looking at $27 a month profit, Which is next to nothing. But it costs me $10 to start so who cares right? Does anyone have any tips for someone new to it (I've followed bitcoins and mining a bit but never done it) Also any pool advice for when I get my miners?
04-04 10:34 - 'Calculate how much it costs a mining rig to create bitcoin or other altcoins with our updated miner profit estimation tool' (medium.com) by /u/bitentrepreneur removed from /r/Bitcoin within 37-47min
Just a reminder that if the 4 exahash that came online on Bitcoin.com is the new 7 nm miners, well they are using less power for the same hashrate which changes the profitability calculation. It allows them to mine longer at a loss then SV miners who don't have 7nm miners. /r/btc
I am a 15MH/s Scrypt miner. I trade 50% of everything I mine straight to Bitcoin. How on earth do I calculate tax obligations with the IRS?
I have been mining Scrypt since December. I have about 4 Bitcoins, and about another 6 Bitcoins worth of Doge, Lite, Redd, and Feather. I also like to play-trade on Cryptsy regularly. I have read through the new IRS regulations, and have determined there is no way on earth I can calculate my obligations? Can anyone help. I really don't want to be Wesley Sniped by Uncle Sam.
I have done my fair bit of research on bitcoin and how mining works and difficulty. Most people on different crypto reddit and blogs are indicating that mining is almost over for individuals and is only for corporations. I have an electricity rate of 0.0075$/kWh. And an investment of $100k. From what I have researched it could still be beneficial. While i could still just buy bitcoin, mining seems safer and could turn into a passive income. With the recent increase in difficulty that could prove that it's getting alot harder for day to day miners to keep at it. Any thoughts?
(Monde) Islande : vol de 600 ordinateurs utilisés pour « miner » du bitcoin | En Islande, des investisseurs bâtissent des usines informatiques aux grandes puissances de calcul afin de « mouliner » des cryptomonnaies.
How does a Bitcoin miner work? This bitcoin mining calculator helps you predict your profit margins based on the beneficial factors that affect mine performance. This is a simple principle. It takes the input value of your mine hardware and calculates it to the bitcoin mining algorithm. Predict profits and income. he does. The Bitcoin price is rising at a slightly lesser 0.3403% per day over the past year. We suggest you enter a custom Bitcoin price into our calculator based on what you expect the average price to be over the next year. The price has gone down for most of the past year, which is a factor that should be strongly considered in your calculations. Find out what your expected return is depending on your hash rate and electricity cost. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you've got what it takes to join the tough world of cryptocurrency mining? BitcoinV mining calculator for SHA-256: Price 0.00815968$, 3.5394G difficulty, 15.898 TH/s network hashrate, 50.00 BTCV block reward. BitcoinV mining pools list and list of best mining software. Bitcoin Mining Calculator. Got your shiny new ASIC miner? Wondering when it will pay off? If you enter your hash rate below, this page will calculate your expected earnings in both Bitcoins and dollars over various time periods (day, week, and month).
Free bitcoin mining and withdraw without fee - YouTube
In this video I will go over how to use a Bitcoin profit calculator and show you just how much money can be made Bitcoin mining using antminer s7 or s9. Crypto Clothing and Gear https ... A very simple video tutorial showing you how to get started mining Bitcoin using your regular Windows desktop or Laptop computer. In this guide I'll take you... Twitch: http://www.twitch.tv/veritas Discord: http://www.discord.gg/veritaswtf Twitter: http://twitter.com/veriitasgames Instagram: http://www.instagram.com/... 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... The Long-awaited bitcoin mining calculator is now here don't read below or else If you turn on the 🔔 i will be very happy please im begging you ---[👌]-[socia...