Bitcoin-Mining braucht mittlerweile so ... - Business Insider

An investment company is going bananas after saying it's spinning off its crypto-mining business to position for a 'bitcoin recovery' - Business Insider

An investment company is going bananas after saying it's spinning off its crypto-mining business to position for a 'bitcoin recovery' - Business Insider submitted by ulros to fbitcoin [link] [comments]

An investment company is going bananas after saying it's spinning off its crypto-mining business to position for a 'bitcoin recovery' - Business Insider

An investment company is going bananas after saying it's spinning off its crypto-mining business to position for a 'bitcoin recovery' - Business Insider submitted by prnewswireadmin to cryptonewswire [link] [comments]

An investment company is going bananas after saying it's spinning off its crypto-mining business to position for a 'bitcoin recovery' - Business Insider

An investment company is going bananas after saying it's spinning off its crypto-mining business to position for a 'bitcoin recovery' - Business Insider submitted by prnewswireadmin to cryptonewswire [link] [comments]

A Silicon Valley congressman says energy consumption from Bitcoin mining needs to be taxed – Business Insider

A Silicon Valley congressman says energy consumption from Bitcoin mining needs to be taxed – Business Insider submitted by leftok to atbitcoin [link] [comments]

Japanese Energy Company Entering the Mining Business #bitcoin https://t.co/VqGYygA0ae - Crypto Insider Info - Whales's

Posted at: February 28, 2018 at 11:04PM
By:
Japanese Energy Company Entering the Mining Business #bitcoin https://t.co/VqGYygA0ae
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submitted by cryptotradingbot to cryptobots [link] [comments]

How to make money mining bitcoin and other cryptocurrencies without knowing anything about it – Business Insider

How to make money mining bitcoin and other cryptocurrencies without knowing anything about it – Business Insider submitted by leftok to atbitcoin [link] [comments]

Canada could become the world's bitcoin mining capital as China cracks down – Business Insider

submitted by leftok to atbitcoin [link] [comments]

You can now rent a Kodak-branded bitcoin-mining rig — but you'll have to hand over half of the profits you make – Business Insider

submitted by leftok to atbitcoin [link] [comments]

You can now rent a Kodak-branded bitcoin mining rig — but you'll have to hand over half of the profits you make – Business Insider

submitted by leftok to atbitcoin [link] [comments]

Business Insider - Bitcoin Group's IPO has been delayed again as ASIC requests a mining expert

Business Insider - Bitcoin Group's IPO has been delayed again as ASIC requests a mining expert submitted by BitcoinBoffin to Bitcoin [link] [comments]

Business Insider - Bitcoin Group's IPO has been delayed again as ASIC requests a mining expert

Business Insider - Bitcoin Group's IPO has been delayed again as ASIC requests a mining expert submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Inside the Australian coal power plant opening its doors to bitcoin mining - diving deeper into the dodgy business going on here

Inside the Australian coal power plant opening its doors to bitcoin mining - diving deeper into the dodgy business going on here submitted by dgerard to Buttcoin [link] [comments]

One year on from Bitcoin's record high, its price has fallen so far it's too costly to mine it - Business Insider

One year on from Bitcoin's record high, its price has fallen so far it's too costly to mine it - Business Insider submitted by ulros to fbitcoin [link] [comments]

One year on from Bitcoin's record high, its price has fallen so far it's too costly to mine it - Business Insider Australia

One year on from Bitcoin's record high, its price has fallen so far it's too costly to mine it - Business Insider Australia submitted by ulros to fbitcoin [link] [comments]

How To Mine Bitcoins - Business Insider

How To Mine Bitcoins - Business Insider submitted by waspoza to Bitcoin [link] [comments]

The electricity used to mine bitcoin this year is bigger than the annual usage of 159 countries – Business Insider

submitted by leftok to atbitcoin [link] [comments]

Hackers broke into Amazon's cloud to mine bitcoin - Business Insider

Hackers broke into Amazon's cloud to mine bitcoin - Business Insider submitted by stereomatch to GlobalNews [link] [comments]

Photos of bitcoin, Ethereum mine in Iceland - Business Insider

Photos of bitcoin, Ethereum mine in Iceland - Business Insider submitted by dragger2k to ethereum [link] [comments]

Forget stealing data — these hackers broke into Amazon's cloud to mine bitcoin – Business Insider

submitted by leftok to atbitcoin [link] [comments]

"How To Mine Bitcoins", an article just published by Business Insider has seen ten thousand views only an hour after publishing. Expect to see many people here after reading this article :(

submitted by ferroh to Bitcoin [link] [comments]

08-10 07:44 - 'Who is forking Filecoin?' (self.Bitcoin) by /u/paulcheung1990 removed from /r/Bitcoin within 6-16min

'''
Forking Filecoin is a $500 million to $1 billion business?
On July 17, cryptocurrency analyst Bitfool mentioned via Weibo: “Recently, people who forked Filecoin in the market have been undercurrents; as far as I know, there are 4-5 teams. From a strategic point of view, the project Teams, investors, and miners get two of the three to successfully fork; one of the three can steal 5-10% of the market value. Therefore, Filecoin's fork is a $500 million to $1 billion Business."
"It's even more awesome, full of courage, and ready to build a team to fork Fliecoin. Well done, famous in the world, poor done, and scorned by thousands of people."
Sun Ming, a partner of Fenbushi Capital, mentioned in an interview: "Miners who have invested a lot of hardware resources are promoting the fork of Filecoin.
Hu Feng, operating partner of the FILPool mining pool, said: "Currently, big miners have ideas, but it will only be possible after the mainnet is online.
Filecoin economic model is not friendly to miners
At the beginning of the establishment of the Filecoin economic model, a pledge and reward and punishment mechanism was proposed, which has undergone many adjustments. The last three adjustments have made the mechanism increasingly stringent.
In April of this year, the Filecoin project team introduced their thinking on the economic model and refined the reward and punishment mechanism. Miners who complete file storage can get corresponding block rewards, and fail to store files within the promised period will be punished. This fine is imposed on the Filecoin collateral pool (locked funds) provided by each storage miner. Locked funds include a small amount of early FIL tokens and token rewards obtained from miners.
Miners need to mortgage a certain amount of tokens in the early stage. If the amount of mortgage is too large, it will cause a shortage of FIL tokens in the early stage. The improvement made by the economic model is to transfer some of the early-stage costs to future block rewards.
The severe punishment mechanism made some miners dissatisfied, and some miners commented that the mechanism was too "crude".
In May, Filecoin made major adjustments to its economic model. This adjustment raises the threshold for miners to leave. Filecoin continues to strengthen the miner's mortgage mechanism, and part of the rewards mined by the miners will be locked. The penalty mechanism has also been changed accordingly. Only when the task of file hosting is completed can the mining reward be unlocked. If miners want to profit, they need to have strong computing power and be able to provide stable storage services for a long time.
If this is acceptable to miners, the recent "pre-mortgage" mechanism has left miners at a loss.
"Pre-mortgage" is proposed in the latest Calibration version of Filecoin, which means that every sector encapsulated requires a certain amount of FIL to be pledged in advance, and the pledged token needs to be locked for 180 days and then released in 180 days.
The consequence of "pre-mortgage" is that FIL token has worse liquidity in the early stage.
A large number of FIL mortgages are required in the early stage, which will force miners to find the official to buy coins, and the long lock-up period causes most miners to choose to sell coins instead of encapsulation. "The miners have put their money in the hardware, where can they go out and buy coins?"
Since there is not enough funds to buy coins as collateral, it loses the qualification for mining. Even if the mortgage funds are saved, it is almost impossible to pay back with the small amount of currency in the early period.
Sun Ming said: "The mining output is too small, making it difficult for early miners to maintain operations."
The adjustment of the economic model continues to compress the income of early miners, and the voice of miners proposing to fork Filecoin is also getting louder.
Sun Ming believes: "On the one hand, it is the protest of the miners against ProtocolLabs (requesting it to modify the economic model), and on the other hand, it is also the desperate fight of the miners forced to do nothing."
Li Bai posted a circle of friends to express his attitude. As shown below:

[link]1
Another very important point is that, according to the current reward mechanism, Filecoin competition in China is tantamount to "college entrance examination".
Take the Filecoin big miner test competition as an example, miners can only be rewarded if they are ranked in the top 50 in their area or in the top 100 among all miners. Looking at the situation of Chinese miners, 9 of the top 10 nodes in the world are from China. According to people familiar with the matter, about 80% of Filecoin miners are concentrated in China. The fierce competition can be imagined.
Wang Qingshui expressed his concern: more than 90% of miners may not make money. Many miners saw that they couldn't make money, and they had the idea of opening up Filecoin "other tracks". Therefore, the call for a Filecoin fork is the strongest in China.
Unaffordable mining costs and thresholds
In addition to Filecoin's economic model, another point that miners complain about is Filecoin's threshold and cost.
The cost of Filecoin mining input and the technical threshold of operation are beyond the reach of many miners and mines.
Filecoin has a severe punishment mechanism, which can ensure the safety of the data party, but at the same time it will bring a high threshold for mining professionalism and operation and maintenance stability.
In order to ensure uninterrupted power and no disconnection, it must be hosted in a high-level IDC computer room. In order to ensure mining efficiency, the network, computing power, and storage hardware must not be poor. Therefore, miners need to use a large sum of money to purchase high-end hardware equipment.
Instant window-POST verification and submission requires high algorithms and error repair capabilities, and requires professional algorithms and operation and maintenance teams.
In addition, the threshold for Filecoin mining may be above 10TB or even higher.
Entry mining has a threshold for storage and technical maintenance, and a lot of money is needed to purchase hardware equipment.
Earlier, a blogger did a cost calculation. With 30 mining machines as a cluster calculation, the expenditure for purchasing mining machines alone was as high as 6 million. Coupled with the cost of computer room construction, operation and maintenance, Filecoin mining costs may be more than 10 million yuan.
Wang Qingshui also mentioned the flaws: “Many ordinary miners and even servers cannot participate, which is contrary to the original intention of the project.”
Some people in the community expressed their concerns: "I have invested so much. What if something goes wrong after Filecoin goes online? Wouldn't it be a loss?"
So some miners are thinking, can they lower the threshold of mining while ensuring safety?
Some miners pointed out that not all mining machines need to be hosted in the IDC computer room, which is costly and prone to waste of resources. If it can be hosted in different computer rooms according to the performance of each type of mining machine, it can not only ensure safety, but also reduce costs.
Judging from the interview, many industry insiders are on the sidelines of the Filecoin fork.
Li Bai said: "There are many people who have ideas, but few people can put them into action."
Wang Qingshui believes that any popular big project will be forked. Are BTC and ETH forked less? But how many forks can surpass the original version?
Some miners think that the fork is just talking: "Someone will follow the official game.", "Who wrote the code for you after the fork? Do you dare to use the code you wrote?"
The Filecoin fork is "undercurrent". As the Filecoin mainnet approaches, miners' actions will become more frequent, and we will continue to report.
What do you think of the Filecoin fork? Please let us know in the comments section.
'''
Who is forking Filecoin?
Go1dfish undelete link
unreddit undelete link
Author: paulcheung1990
1: ****ie*.redd***/4l6*p**nn4g51.jpg*width=676&*forma**pjpg&am**auto=*e*p&***c*16a*61e2*0d1a*4*3f9f*9c8*fdfcebfdb*d3
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Capitalist Exploits Reddit - Capitalist Exploits Review

Today we'll take a look at something very fascinating named Capitalist Exploits. What is Capitalist Exploits? Who is it for and might it be something for you? These are some of the main questions this quick review will assist you answer!
Product: Capitalist Exploits
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Overall rating: 4.9 out of 5 stars (4.9 / 5)
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Capitalist Exploits is, in short, a popular e-newsletter that has a subscriber base of over 20,000 investors, hedge funds, professional cash managers, and many other clever investors worldwide. It presents you with insider tips and additionally international buying and selling “signals and calls” that you might choose to use yourself to maximize incomes potential, and more importantly reduce your risks of loss.
The carrier is all info, there is no software that will exchange for you or anything like that. You are going to have to open your very own brokerage account to perform trades that are counseled to you.
Capitalist Exploits Reddit - Details
The service is incredibly praised by revered and very successful buyers and has also been featured in Business Insider, Market Watch, etc:
It is a special service amongst the many “similar” services out there, however, Capitalist Exploits separates themselves from their friends with their “investing service constructed for this moment in history” approach. Simply put, their carrier is providing a answer to the need for seeing thru the “unstable” times we are in, with political and financial destruction between nations, and to know what strikes need to be achieved in order to not get misplaced in the financial storm…
Visit Capitalist Eploits website here
Who is the owner?
For these of you who do not know, Chris is about as legit an investor as you can get.
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He is one of these rare cash managers that are entrepreneurial, he’s one of the sharpest guys you’ll ever meet, and he has one hell of an impressive network.
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In short, the Capitalist Exploits internet site is a meeting area for investors, below is an precise excerpt from the About page on the website:
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As you can tell by way of now, I’m first and foremost an investor. My faith is that it is more necessary than ever to keep our eyes open to possibilities all over the world in order to succeed in the difficult economic and political surroundings we live in.
My funding agenda is very simple: to find a domestic for my capital to earn the best feasible return."
Products and Services offered? First of all, there is a lot of free info for participants to take part in, and the membership is free. SIGN UP FOR THE FREE NEWSLETTER HERE
However, if you favor to go deep and potentially be very profitable then there are 2 predominant services presented to you.
Insider and Resource Insider, which is a service for extra sophisticated traders who want the great deals that exist in the mining and metals space.
The free fabric consists of things like:
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And greater supporting and academic material.
Join for free - you can upgrade any time.
The INSIDER material consists of matters like: Trade Alerts (Get email and/or SMS indicators on “Hot trades” that the pros are doing so you can do the same Existing Portfolio (A listing of all “buy-rated” alerts and data on when the service is closing the trades).
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The membership charge is $1,575 per year as lengthy as you want to continue to be a member.
The RESOURCE Insider material consists of matters like:
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Access to the most thrilling private deals in mining and energy gold, uranium, you name it! Here you will get all kinds of commodities and resource possibilities delivered to you.
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Access to the service specialists (As with the Insider membership you got direct get entry to to both Chris and Jamie Keech, the two provider gurus. They promise that members will see fantastic benefits from them each and connect with their networks as well.
The membership charge is $3,499 per year for as lengthy as you want to remain a member.
30 Day FULL Money Back Guarantee.
Yes, that is right, you are backed by a full, no questions requested guarantee. So, if you for some reason would now not be happy with your membership and carrier you get you will get your full investment again with no questions asked. That is how confident Chris is that you will recognize the service.
This is, of course, a big plus (at least in my book) and some thing that I respect a lot, as many comparable services do now not offer this kind of guarantees. It really says a lot about the great if you ask me, as the owner (Chris) is very confident, and stands at the back of his own product to a hundred percent.
Is Capitalist Exploits a Scam?
So, is Capitalist Exploits a Scam? No, of direction not, it is not a scam. It has a actual physical proprietor that doesn´t hide, but as an alternative stands behind his product to a one hundred percent and that is almost constantly what separates a scam provider from a real and legit one.
Capitalist Exploits is not only a legit service, however it also looks like a very good one. This leads us to what their customers have to say about them:
Reviews, ratings, and complaints on Capitalist Exploits It is always sensible (and recommended) to look at what the most ordinary and trusted evaluate and rating websites have to say about something you are involved in, to get a better ordinary picture of the excellent of the particular service.
Sign up for the free newsletter: CLICK HERE.
submitted by kayakero to CapitalistExploits [link] [comments]

Inside The Cryptocurrency Revolution - YouTube CNN Quest - Business - Bitcoin Mining - check link in description Inside a Bitcoin mine that earns $70K a day - YouTube Investing in Bitcoin and crypto mining insider knowledge with Josh Riddett Inside a Secret Chinese Bitcoin Mine - YouTube

Mining giant Rio Tinto says it will launch a review of its heritage procedures after it blew up a 46,000-year-old Aboriginal cultural site in Western Australia Sharon Masige Jun 19, 2020, 2:08 PM Riot unearthed about 330 bitcoins, 356 bitcoin cash, and 1,423 litecoins in the first quarter of this year, driving its mining revenues up 56% to about $1.4 million. However, more than $4.5 ... Bitcoin-Mining kostet viel Strom: Einer neuen Studie zufolge war der Verbrauch des dezentralen Bitcoin-Netzwerks 2017 höher als der jährliche Stromverbrauch von fast 160 Ländern. Das Bitcoing-Mining ist die benötigte Rechenleistung, die zur Transaktionsverarbeitung, Absicherung und Synchronisierung aller Nutzer im Netzwerk zur Verfügung gestellt wird. For instance, Genesis Mining charges $702 for 1,000 Gh/s plus a small fee for electricity. Given the nature of the business, one would expect the bosses of bitcoin-mining firms to be super-geeks ... Bitcoin-Mining verbraucht Unmengen an Strom, mittlerweile so viel wie ganz Irland. Analysten haben jetzt berechnet, ob der hohe Verbrauch tatsächlich eine Gefahr darstellt.

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Inside The Cryptocurrency Revolution - YouTube

In 2014, before Ethereum and altcoin mania, before ICOs and concerns about Tether and Facebook's Libra, Motherboard gained access to a massive and secretive ... 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... best bitcoin cloud mining and passive income site We make industrial bitcoin mining accessible for everyone. Freemining.co is everything you need for bitcoin cloud mining today. https://bit.ly ... how to work for earn btc via bitcoin miner Pakistan & Gpu rig mining eth ethereum zec zcash dash - Duration: 6:24. Bitcoin Miner Pakistan 279,249 views A small town in central Washington is turning into the epicenter of bitcoin mining in the United States.

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