btcminerpro – btcminerpro

NiceHash - buy & sell hashing power

NiceHash offers you to buy or sell hashing power directly, no contracts, no limitations, pay-as-you-go if you're a buyer and be-paid-as-you-go if you're a seller. Why bother renting rigs, when you can rent hashing power? NiceHash brings more to renters and rig owners. Visit https://www.nicehash.com today! Simply create order and you are already mining your favorite coin or point your rig to our stratum server and you are already earning bitcoins.
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Ok so I have been thinking about purchasing a bitcoin miner. This one mines at 1155 GH a second. Is it good?

https://bitmaintech.com/productDetail.htm?pid=000201412231604153619o9X1obn0693
submitted by TehSecretHunter to Bitcoin [link] [comments]

nuv mining | Smart Bitcoin Approaches To Accumulate Gold Bullion

I have actually become aware of bitcoin a number of years back in 2013 as well as never expected it to grow into a solid cryptocurrency it is today. At the time of writing this short article, it is trading on the marketplace at a worth greater than gold. This opened up a home window to lots of possibilities for me, as I'm already within the market to accumulate this electronic money as well as gold bullion on a daily basis.
nuv mining
With my experience, I acquired understanding and created techniques to utilize this cryptocurrency and also build a wealth wheel of acquiring gold on a constant basis utilizing its power.
The complying with factors are methods I use to build up bitcoin and gold bullion
Find a company that offers gold bullion.
Open up an online bitcoin wallet
Beginning mining bitcoin online or offline
Purchase gold bullion with bitcoin
The above are the standard actions to complete the procedure and it requires certain approaches to make it successful. In my point of view this is the most effective bitcoin method to collect gold and also get it provided to your doorstep every month.
Discover a company that sells gold bullion
nuvmining
There are many on the internet companies online that markets gold bullion, however there are really few that offers incentive programs once you become their client. You need to search for a firm that provides far more than only selling gold bullion. This business needs to use quality products, such as selling gold bullion in tiny dimensions of 1 gram, 2.5 gram and 5 gram. The gold itself need to be 24 karat gold, which is the finest you get. The reward programs needs to enable you to gain commissions as soon as you refer individuals to the company.
Open an online bitcoin purse
You will require a place to keep your bitcoin when you prepare to get started within the cryptocurrency market. There are lots of on-line bitcoin pocketbooks offered to the public cost free. Search for a business that uses a pocketbook to save bitcoin as well as an offline vault to secure it. There are several cyberpunks trying to break into the wallets of on the internet users as well as steal all their bitcoin. If you keep your bitcoin offline, you will certainly never be a target of on-line cyberpunks.
Begin mining bitcoin online or offline
There are two main ways to get bitcoin Mine bitcoin online or offline. To my own bitcoin online is extremely easy as well as much less complex than offline techniques. I personally make use of both techniques to examine the earnings for each. By signing up with an on the internet bitcoin mining ranch would be a terrific method to get started.
You need to be very careful on this option also, since there are thousands of fraudsters asserting to have bitcoin farm, however in fact does not. These individuals develop Ponzi schemes and will just swipe from you as long as they possibly can. There are also relied on and also genuine companies that has actually bitcoin farms operating every day that I directly use.
You can also extract bitcoin offline by purchasing a bitcoin miner, which is hardware that you established at your house. This hardware then gets linked to the Net and also will start mining bitcoin. This bitcoin will then immediately be sent to your online bitcoin purse.
Purchase gold bullion with bitcoin.
Now that you have bitcoin coming in each day there are very details ways that needs to be followed to buy gold bullion from the company you chose. You require to link your bitcoin purse to a visa card. This card must also be provided to you from your bitcoin budget business that you chose. Use this card to purchase gold bullion any time you have enough bitcoin in your online wallet.
submitted by Nuvmining to u/Nuvmining [link] [comments]

I'm looking to purchase 6 Bitcoin directly from a miner

I'm sick of Coinbase rippin me and other fiat gateway services BS and really would prefer to find miners that are looking for cash. Let me know if you can help me out. Thanks!
submitted by JusTheDip to BitcoinMining [link] [comments]

I am a registered MSB and I am looking to to purchase bitcoin directly from miners

Hello not sure if this is ok to send on here, however I would like to purchase freshly mined btc from miners, please shoot me a message if you are interested and we can work something out, thanks
submitted by kellerInc to BitcoinMining [link] [comments]

🎉 One can now Purchase BTC & more than 100 Cryptocurrencies instantly w/ Credit/Debit Card on FUTURE1EXCHANGE a TRULY GLOBAL DIGITAL ASSET EXCHANGE .Buy w/ Fiat @ future1exchangecredit. 🎉 https://www.newsbtc.com/2020/03/24/miners-return-to-market-as-bitcoin-price-rebounds-above-6000/

🎉 One can now Purchase BTC & more than 100 Cryptocurrencies instantly w/ Credit/Debit Card on FUTURE1EXCHANGE a TRULY GLOBAL DIGITAL ASSET EXCHANGE .Buy w/ Fiat @ future1exchangecredit. 🎉 https://www.newsbtc.com/2020/03/24/miners-return-to-market-as-bitcoin-price-rebounds-above-6000/ submitted by Future1Ex to u/Future1Ex [link] [comments]

BITCOIN MINING

Hi guys So I would Like to know about Bitcoin Mining, And how I can use it and The profit etc. I know that you need a miner and use computational energy to solve algorithms in a pool of bitcoin miners to successfully mine a bitcoin and share the prize. Kind of like a Boss killing in games. I have a Macbook Pro 13 inch 2015. 2.9 GHz intel Core i5 8Gb memory 1867 Mhz DDR3 Intel iris graphics 6100 1356 MB I was wondering If i could purchase a bitcoin miner and successfully profit from it. I currently have installed solar panels in my roof which saves electricity. If so what are my options for bitcoin miner with my MacBook Laptop. If not should I build a good PC (With what qualities, Ram/Graphic cards) should i build with. As well as what miner I should use. Would be nice to know how much I would make a day, and explain the process much more clearly, as I am confused on what Hash rate is. Thank you :) Also thoughts on cloud mining?
submitted by adilm29 to BitcoinMining [link] [comments]

Want to sue BFL too? I purchased a 1 year hosting contract, this might be important to you too!

Can I sue Butterfly Labs bitcoin mining hardware company?
I purchased a 1 year hosting contract from BFL, the order is still processing.
A hosting contract is a service where the company, or another company in connection with Butterfly Labs host the mining hardware for you and you earn bitcoins for 1 year.
The problem is that in their FAQ page, they refer to a company, website: kcmocolo.com. However, when you try to go to that website, it redirects to another company, called netsolus.com. I spoke with netsolus.com customer service, they said that they are not going to host for BFL, and that, as the customer care rep said, BFL might be hosting its own miners.
So the question is, will BFL actually host its own miners?
If they are not, then I might just had lost my money, since the 1 year hosting contract is a pre-order.
But, if BFL is being sued by this other guy, then could I still have a way of claim damages if BFL does not deliver service, even though it was a pre-order?
Link to other guy that sue: http://www.reddit.com/Bitcoin/comments/1u4v0o/i_sued_bfl_in_kansas_jurisdiction_and_won/
Don't know, and it does not say, whether that person's lawsuit relates to a 1 year hosting contract or the purchase of bitcoin miner.
If I can sue BFL, I want to sue for damages and attorney's fee paid by them, for the incurred lost, that is in the event they don't deliver service.
submitted by BitcoinNator to Bitcoin [link] [comments]

Network effect and why most coins failed.

If you’ve spent anytime in the cryptocurrency sphere you have probably come across a notion called network effect. Most commonly this is attributed to Bitcoin — in particular, it is given as a reason for its continued success as the cryptocurrency standing taller over all others.‬
In this post I will articulate exactly what a network effect is, why it is important and how most projects have failed because of it, or more precisely, because of not having it.
Network affect is a phenomena that assumes the basic notion whereby a product or service gains additional value as more people use it. More accurately, if we take a network with number of nodes N, then each node on that network can engage with every other node on that network making N-1 connections. If, then, N nodes can make N-1 connections, then the net number of connections in the network would be equal to N(N-1). Thus the network’s value grows with the number of possible connections, in the order of N squared. This insight is the basis of Metcalfe’s law that states that the value of a network is proportional to the square of the number of members within the network.
This insight is extremely powerful when our objective is to build robust and functional networks just like many crypto projects are trying to achieve. Metcalfe’s law realises the abstracted value of having a large user base in which value V doesn’t map proportionally to N; linear growth of N results in an exponential growth of V in V=N².
So how does this apply to crypto?
I will explain how this applies to crypto by first giving 7 distinct examples of Bitcoin’s network effects to further demonstrate its importance and then explain how the absence of said effect leaves smaller capitalised coins at a considerable disadvantage and thus more vulnerable to failure.
Bitcoin, being the largest cryptocurrency with 45% dominance as of writing, has the biggest network effect. The 7 effects are interlaced and therefore entrenched within one another in a self-reinforcing, compounded effect. These effects can be characterised as follows:
Speculation around bitcoin causes infrastructure to be developed to meet the speculators demands. Items like hardware wallets and exchanges as well as user friendly wallet software and educational material will all reduce ingress and egress friction points and further accelerate the mean rate of adoption over time. (Interestingly, adoption is often a non-linear function with respect to time and follows an ‘S-curve’ of adoption’.)
Merchants are a second order network effect in which they accept Bitcoin because of the increasing speculator demand. Bitpay is one solution that has integrated large scale retailers like Microsoft and Shopify, directly increasing the number of application and therefore utility of Bitcoin.
Consumers are the third order network effect. Consumers begin using bitcoin because merchants accept it. One example of this is purse.io, they allows consumers to save 15% on their amazon orders simply for purchasing with Bitcoin.
Miners contribute an unfathomable amount of computational power to secure the bitcoin blockchain. By this measure it is hard to see another blockchain being as secure as Bitcoin’s for this exact reason.
Software developers are incentivised to develop on top of Bitcoin because it is the most secure and has the biggest user base. This in turn brings more applications and utility into the Bitcoin ecosystem.
Financialisation of Bitcoin happens as more regulated financial instruments are created such as the recent CME and CBOE Bitcoin futures.
World reserve currency is the last layer on Bitcoin’s stack of network effects and is therefore can only be theoretical in nature and yet to be realised. The more bitcoin is socially accepted as a world reserve currency i.e. the less people have to ‘cash out’ or ‘settle’ into Dollars, Euro etc when moving value, the greater the need and confidence in Bitcoin becomes.
Now take a new, bootstrapped, cryptocurrency project that is trying to compete with Bitcoin, more accurately, Bitcoin’s network effect. They have to incentivise speculators, merchants, consumers, miners, developers and financiers to use their new cryptocurrency by offering them greater utility. It is not enough to even offer equal or marginally greater utility because stakeholders will still prefer to avoid the time and cost it would take to transfer over to the new cryptocurrency than benefit form the marginally better quality service it provides.
This is not to say that no other cryptocurrency has a chance of competing with Bitcoin because they evidently can; one only needs to look at coinmarketcap to realise this. There are 2 ways this has been demonstrated to be possible: vertical innovation and horizontal innovation.
Let’s first take a look at vertical innovation. In traditional business management theory, it states a company can achieve its objectives (i.e. higher sales revenue, increased market dominance, greater brand awareness etc.) by improving the quality of its product. If we ignore the politics around Bitcoin’s future for a second and take the simplified presupposition that Bitcoin’s value proposition is as a peer-to-peer, decentralised and global digital currency network, then a cryptocurrency that wants to compete with this will have to undergo vertical innovation. This is where the currency has the same intended use case but goes about achieving it in a more efficient/favourable way. By nature of being ‘open-source’ anyone can and have already attempted this. Dash, Litecoin and Bitcoin Cash are three notable examples of this; their communities believe they will prevail as the cryptocurrency for global payments, but ultimately only the open market can decide this over time. So far the market has valued all 3 of their currencies combined 1/5th that of Bitcoin.
We have seen horizontal innovation to be far more common in crypto for many reasons, notably, it just makes more logical sense! It turns out that competing with the most secure, most global and most heavily resourced (both intellectually and financially) digital currency network in the world is difficult. It is much easier to compete where bitcoin is not and monopolise a niche by offering a different value proposition. Ethereum offered a virtual machine and bespoke programming language, Solidity, to build decentralised and ‘secure’ applications, IOTA offers free and instant transactions for the futures IOT connected devices to facilitate micro-transactions, Monero enables privacy and fungibility by adding an extra layer of cryptography like ring signatures to obfuscate its ledger. All these projects have been successful in their attempts so far but will all need continued development to further increase scalability and adoption beyond current speculation as we move into the future. How many of these coins will need to coexist is still yet to be determined, and how many will have flown to close to Bitcoin’s sun and get their wing’s burnt by Bitcoin’s innovation (i.e. think Schnorr sig’s and Lightning network improving fungibility and micro-payments) is also an unknown.
What does this all mean?
It means that there are 4,500 cryptocurrencies currently in existence, only 1,500 of these are tradable on exchanges, and the rest are only trapping value. It means that in an open source, highly competitive and merit based market like cryptocurrencies the majority of projects will turn to the graveyard because the ‘innovative minority’ will always steal users form their smaller counterparts. It means that projects like CoinJanitor will be necessary to restore trapped value from dead or failed coins back into the cryptoeconomy to promote further growth, innovation and ultimately…network effect. CoinJanitor will actually gain its own network effect as it absorbs and amalgamates dead coins from the community as well. By absorbing the networks of smaller, under-utilised cryptocurrencies, CoinJanitor’s potency will compound enabling even larger scale value release back into the cryptocurrency communities. This is a very exciting concept!
submitted by Marlie3 to CryptoCurrencyTrading [link] [comments]

John McAfee's MGT Capital Orders New Batch of S9 Bitcoin Miners for US Mining Facility: MGT Capital has disclosed a new purchase order of 2000 cryptocurrency mining units from Chinese chip manufacturer Bitmain.

John McAfee's MGT Capital Orders New Batch of S9 Bitcoin Miners for US Mining Facility: MGT Capital has disclosed a new purchase order of 2000 cryptocurrency mining units from Chinese chip manufacturer Bitmain. submitted by BobsBurgers3Bitcoin to btc [link] [comments]

09-25 09:42 - 'BitCoin MINING' (self.Bitcoin) by /u/adilm29 removed from /r/Bitcoin within 0-5min

'''
Hi guys So I would Like to know about Bitcoin Mining, And how I can use it and The profit etc. I know that you need a miner and use computational energy to solve algorithms in a pool of bitcoin miners to successfully mine a bitcoin and share the prize. Kind of like a Boss killing in games.
I have a Macbook Pro 13 inch 2015. 2.9 GHz intel Core i5 8Gb memory 1867 Mhz DDR3 Intel iris graphics 6100 1356 MB I was wondering If i could purchase a bitcoin miner and successfully profit from it. I currently have installed solar panels in my roof which saves electricity. If so what are my options for bitcoin miner with my MacBook Laptop. If not should I build a good PC (With what qualities, Ram/Graphic cards) should i build with. As well as what miner I should use. Would be nice to know how much I would make a day, and explain the process much more clearly, as I am confused on what Hash rate is. Thank you :)
'''
BitCoin MINING
Go1dfish undelete link
unreddit undelete link
Author: adilm29
submitted by removalbot to removalbot [link] [comments]

Any bitcoin miners out there or a group?

I'm considering purchasing a bitcoin miner and would like to know more about it.
submitted by arkansah to GNV [link] [comments]

Are there miner machines available for purchase under $200 (preferably under $100 ) that can mine $10 gross worth of bitcoin a year at current prices ignoring electricity costs? If not what is best cheap miner gross yield?

Are there miner machines available for purchase under $200 (preferably under $100 ) that can mine $10 gross worth of bitcoin a year at current prices ignoring electricity costs? If not what is best cheap miner gross yield?
Is there a maintained spreadsheet anywhere that shows this $mined/minermarketprice ratio for marketprices of new and used miner asics and fpgas?
submitted by dswdswdsw to BitcoinMining [link] [comments]

Are there miner machines available for purchase under $200 (preferably under $100 ) that can mine $10 gross worth of bitcoin a year at current prices ignoring electricity costs? If not what is best cheap miner gross yield?

Are there miner machines available for purchase under $200 (preferably under $100 ) that can mine $10 gross worth of bitcoin a year at current prices ignoring electricity costs? If not what is best cheap miner gross yield?
Used is fine by the way.
I like to look at the $bitcoinyield/minermarketprice return rather than all the others but i havent found a convenient maintained spreadsheet for that.
submitted by dswdswdsw to Bitcoin [link] [comments]

Nema six plug with 220

I recently purchased a bitcoin miner and need to test it with a Nema six outlet with 220v
I know this is random but is there a store or a location I could go to plug in the unit and test it out? I also have an electric oven plug I could Potentially use an Adapter with but I’m u sure of what would happen
Any advice would be greatly appreciated
submitted by Omgfunsies to electricians [link] [comments]

Would you purchase a game that included a bitcoin miner while running to offset the purchase price of the game from $20 to $10?

*Note
Assume this was a game pushed out by CD Projekt Red (a trustworthy developer)
submitted by mitunakaptor to pcmasterrace [link] [comments]

Bitcoin newbie wondering if mining is really uneconomical for my computer

So, I'm not exactly a Bitcoin newbie, I've been paying attention to Bitcoin for the past 2 years or so. However, I for whatever reason, held off on figuring out how to set up my computer to mine Bitcoins until now.
I now however seem to face the hard reality of Bitcoin mining not being economical for just any old computer. SO I was wondering if purchasing a Bitcoin miner is the only economical way to mine OR if theres any economical way for me to use my computer to mine, without purchasing an ASIC.
submitted by Dalaxerking13 to BitcoinMining [link] [comments]

John McAfee's MGT Capital Orders New Batch of S9 Bitcoin Miners for US Mining Facility: MGT Capital has disclosed a new purchase order of 2000 cryptocurrency mining units from Chinese chip manufacturer Bitmain

John McAfee's MGT Capital Orders New Batch of S9 Bitcoin Miners for US Mining Facility: MGT Capital has disclosed a new purchase order of 2000 cryptocurrency mining units from Chinese chip manufacturer Bitmain submitted by BobsBurgers3Bitcoin to CryptoCurrency [link] [comments]

Chandler Guo, one of the largest Bitcoin miners and blockchain investors in the world, has joined the Mobius Advisory Board and purchased a large stake of MOBI tokens.

This is an excerpt from an email I just received from MOBIUS:
"Chandler Guo, one of the largest Bitcoin miners and blockchain investors in the world, has joined the Mobius Advisory Board and purchased a large stake of MOBI tokens. Chandler controls one of the largest Bitcoin mines in China and is connected to a vast network of 40+ cryptocurrency exchanges. We are excited that he shares our vision of bringing blockchain to the existing internet economy -- at rapid scale -- that’s accessible to all. We welcome him to our growing team!"
links:
https://twitter.com/mobius_network/status/932423654071291905
https://twitter.com/ChandlerGuo/status/931532444880191489
submitted by philtrem to Stellar [link] [comments]

Titan1 was sold out and now they are online for Titan2 bitcoin miner by fulijuntuan. Anyone purchase this? Please leave a comment below as ive seen no reviews here yet. https://fulijuntuan.com /r/BitcoinMining

Titan1 was sold out and now they are online for Titan2 bitcoin miner by fulijuntuan. Anyone purchase this? Please leave a comment below as ive seen no reviews here yet. https://fulijuntuan.com /BitcoinMining submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Are there miner machines available for purchase under $200 (preferably under $100 ) that can mine $10 gross worth of bitcoin a year at current prices ignoring electricity costs? If not what is best cheap miner gross yield? /r/Bitcoin

Are there miner machines available for purchase under $200 (preferably under $100 ) that can mine $10 gross worth of bitcoin a year at current prices ignoring electricity costs? If not what is best cheap miner gross yield? /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Are there miner machines available for purchase under $200 (preferably under $100 ) that can mine $10 gross worth of bitcoin a year at current prices ignoring electricity costs? If not what is best cheap miner gross yield? /r/BitcoinMining

Are there miner machines available for purchase under $200 (preferably under $100 ) that can mine $10 gross worth of bitcoin a year at current prices ignoring electricity costs? If not what is best cheap miner gross yield? /BitcoinMining submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Ancapia at work! Buttcoin, critical watchdog of shady bitcoin miners, is purchased by said miners to silence criticism! A rare, liberating eye into the way things will work in our stateless utopia of reptutation and market values!

Ancapia at work! Buttcoin, critical watchdog of shady bitcoin miners, is purchased by said miners to silence criticism! A rare, liberating eye into the way things will work in our stateless utopia of reptutation and market values! submitted by Psyladine to EnoughLibertarianSpam [link] [comments]

Inside a Bitcoin mine that earns $70K a day - YouTube How To Purchase A Mining Plan With Mining City Purchasing A Mining Contract With Bitcoin How to purchase BITCOIN miner HINDI INDIA How To Mine 1 Bitcoin in 10 Minutes - Blockchain BTC Miner ...

Don’t try to buy a miner based on only price or only hash rate. The best ASIC miner is the most efficient bitcoin miner. Aim for value. Bitcoin Miners for Sale on eBay or Amazon. If you’re a hobby miner who wants to buy a couple rigs for your house, eBay and Amazon both have some decent deals on mining hardware. Used Bitcoin Mining Hardware ... Purchase. BITCOIN MINER PRO APP. Home > Shop > BITCOIN MINER PRO APP. Sale! Previous Product. Next Product. BITCOIN MINER PRO APP. Rated 5.00 out of 5 based on 3 customer ratings (3 customer reviews) $ 35.00 $ 10.00. This package contains the latest update BITCOIN MINER PRO APP license , Instruction how to use , Serial key and APK for INSTALLING BITCOIN MINER PRO APP is the first in the world ... Um Bitcoin Mining zu betreiben, müssen Sie einem Miningpool beitreten, was zusätzliche Kosten verursacht. Für das Mining benötigen Sie entsprechende Hardware. Auch hier kommen Kosten auf Sie zu. Je nachdem, wie leistungsfähig Ihr Bitcoin Miner sein soll, zahlen Sie bis zu 2.000 Euro. Es ist nicht bekannt, ob sich Mining auch in Zukunft noch lohnen wird. Wenn Sie nicht genau wissen, was ... Bitcoin Miner Pro encrypts and distributes your Transection across a decentralized network. You control your private encryption keys. No outside company or third party can access or control your Bitcoin. HASHES. SHA-256 hashes are used, however RIPEMD-160 is also used when a shorter hash is desirable. We devolop AN api Which Connected Lighting Network. API ... Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH.

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

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... Buy latest model of bitcoin miner Antminer s9 from Bitmain.com Soon ill post my next video in which i have explained mining difficulty. Please do watch that also if u want to know how mining ... How to buy Mining Contracts with Bitcoin Subscribe to my newsletter to learn more about how you can earn bitcoin and create wealth and enjoy daily cashflow as well as early bird investment into in ... What it really takes to mine a Bitcoin in 10 Minutes. Firstly I'll show you a special free method to mine Bitcoin and send funds directly to your wallet in 1... #miningcity #mining_city #mining_city_registration #mining_citizens #the_zone #luno Click The Link Below, Register and Join Mining City 👇👇👇 👉 https://me.mini...

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