Introduction Congratulations on owning some Bitcoins and being a part of this Global Revolution! If you don't already own one, buy one easily from an exchange like Bitstamp.net, Coinbase.com, or from someone near you at Localbitcoins.com. Once you own Bitcoins, you can easily trade them for any available Alternative Cryptocurrency from an altcoin exchange like Cryptsy. I like to use Cryptsy because they have so many available coins, and I also find them to be quite reliable. So you've been seeing tons of people making money trading Altcoins, while you've been losing tons of Bitcoins buying high and selling low? Whether you're simply frustrated with your "bad luck", or just want to learn more & make more Bitcoins daytrading, I'm here to help! So here's an easy-to-understand guide to picking and trading Bitcoin and Altcoins profitably, and of course, more essential daytrading tips to help us all become profitable cryptocurrency traders. I know you're all eager to make money, but keep in mind that nothing comes for free and I can only help you so much. Just because you've made 5 good trades doesn't make you a profitable trader, and neither does making 5 bad trades necessarily mean you're a lousy trader. Anyone can flip a coin and see 'heads' 5 times in a row. What we want to look for is consistency, and to do that you'll have to start forming Your Own trading strategy. Before I go on, keep these following points in mind when building up your personal Trading Strategy:
Learn the basics; read my last few blog posts, and also other trading resources to learn more about Technical Analysis and other trading tips. "I don't think that you can write music if you don't know how to play an instrument. You have to know the basics, then you can go forward." ~Alber Elbaz
Discipline is key; be patient and build up a fundamental understanding of the markets, and more importantly, hone that keen trading sense of yours. We all have it in us, just takes a little discipline and practice.
Markets are ever-evolving; don't treat it like its static because past actions are not an indication of future performance. Always be open to and learn from other's opinions, be objective about it, and constantly adapt and improve your strategy.
Lazy = poor; Nobody can help you but yourself, don't expect to be spoon-fed. Be an active learner and constantly seek new ways to improve your strategy. Reflect on what went wrong and don't make the same mistakes again. When in doubt, ask Google.
There's only so much you can learn from reading; you don't learn how to ride a bicycle by reading a book, go out there and put your knowledge into practice. Start small to test your strategy and build your confidence.
How to Find new Altcoins? So the first thing is to actually find new altcoins and to read up more about what it has to offer. To begin with, I always browse through the Alternative Currency announcements page on Bitcointalk to see what's popular. All new coins are definitely posted here so you shouldn't miss anything, and since threads with the newest post always appear on top, you usually don't have to look further than 2 pages. Things to look out for include the added value a coin brings (as I'll explain more in the next section), as well as the popularity and virality of the altcoin (i.e. high number of pages in a short time). Another place to look at is Cryptocointalk where you can find a long list of altcoins available, sorted according to new coins or by algorithm. This list is not completely updated, but is organized much better if you want to find out more about a particular coin. Secondly, you also want to cross-check your information about these coins on social media sources such as Reddit and Twitter. Start off on...
What to Look Out For? With so many alternatives out there, we really need to be picky when choosing the next altcoin because you don't want to spread yourself too thinly. Firstly, clones of existing ideas/coins are mostly not worth holding for anything more than the short-term. In this sense, there's a few different kinds of coins with their respective leaders in each category, each with their own pros & cons:... Where to Buy? When/What's a Good Price to Buy/Sell? For new altcoins, and especially clones, all you'll need is to find a good price to buy, since there's no charts for you to do any TA yet. I found a pretty useful formula for calculating a fair price, and have found it to be pretty accurate. Use it, let me know what you think about it, and how we can improve it to apply to different coin types etc. by Tweeting me or leaving a comment below. Here's the Secret Formula to calculate a Fair Price for new altcoins: (Maximum BTC Supply ÷ Maximum Altcoin Supply) ÷ 5000to10000. #crystalball How to Trade? Obviously, the most important rule in trading is to "buy low sell high". Unfortunately, that's usually harder to execute than it sounds because of panic and greed. Haven't you learn enough from bubbles? Whatever goes up must come down. Markets will always look for a correction after a big spike. Don't chase the bubble! EVERY parabolic curve/rise is a bubble, and a chance for you to sell your altcoins for a profit. Just wait for it and always set sell positions ready to eat up those buys. https://twitter.com/onemanatatime/status/432542011410104321 Trading Tips #0: Don't join Pump & Dumps, period. For someone to make money, someone else has to lose. Don't be the one caught with the short end of the stick. #1: Always trade with a plan. Before entering a trade, plan not only your entry but also your exit. Don't fall into the trap of panic buying/selling. Once you get over that, everything will start to come together. #2: Discipline. Be patient and wait for good setups. Plenty of opportunity everyday, don't spread too thin. On a side note, I can't wait for a margin platform for altcoins to be built. If you're building one, hit me up and let see how we can work together (I'm a Business Development and Online Marketing Major). #3: Money management. Don't spend more than 5-10% of your entire BTC portfolio on a single Altcoin, unless you're damn sure it's gonna be profitable in the mid-long term. #4: Understand human psychology. Here's a good 5 part series to get you started: http://www.youtube.com/watch?v=xEcZQdCEiKE Most Common Pitfalls 1) Placing too much importance on:
Buy/Sell Walls. I barely look at buy/sell walls because these can be manipulated so easily especially for lower volume altcoins. I only use this, if ever, to have a better idea of support/resistance levels, although I know many people will tell me these work wonders and I trust you too.
Market Capitalization. Market caps are nothing more than two numbers multiplied by each other; total supply and price. It gives you a good judgement of how a crypto is currently doing, but in no way does it say if an altcoin is a good buy/sell now. I think what's more important when looking for long-term buys is the total hashrate (and rate of growth) of the cryptocurrency.
News Stories. More often than not, news is already factored into price by the time you read about it. Of course, exceptions include "big" pieces of news such as China's government intervention, recent Russia's ban, and issues with (then) leading exchanges.
2) Overtrading. I'll let the guy whom I learnt all my Bitcoin trading fundamentals from speak about this: Bitcoin Trading Webinar - How To Make Money Trading Bitcoin (http://www.youtube.com/watch?v=oJ-xROFn0zg). Follow him on Twitter @ChrisDunnTV (https://twitter.com/ChrisDunnTV). Long video, but worth it especially for beginners. 3) Not having a plan beforehand. I can't emphasize this enough. Many people jump into buying an altcoin without thinking about their exit plan. What is your target, when you do sell and take profit, when do you sell and cut losses, or do you have more funds/positions ready to buy more if it continues to dip? Are you holding this for the short term or long term? These are all important questions to ask yourself before making a trade. If you don't have a sound and comfortable strategy before entering trades, more likely than not, you're going to end up losing Bitcoins over the (not so) long run. 4) Trying to predict a bottom/top. Nobody can predict exactly where the price is going next, only a better and more informed guess. I personally think this is the toughest problem to tackle, because when greed takes over, you always think "I could have made so much more if only I sold higher or bought lower". 5) Chasing the bubble. What goes up must come down. https://twitter.com/onemanatatime/statuses/432546827196305408 6) Getting emotionally attached to a particular altcoin. I have to admit this is still a problem for me, and I'm still holding onto bags of WDC, ZET, EAC, MSC, that are currently unprofitable. I bought them earlier on, and didn't take profits from the bubbles. But most important thing is that we learn from our mistakes, and that's why I now like to sell some positions to get into a position to "freeroll". 7) Using Technical Analysis as the sole determinant for making trades. Every indicator is useless - by itself. The market is not stagnant, and prices are affected by everything we can, and cannot think of. Don't be bound by one system of analysis; use every single piece of information you can find, and objectively analyze the markets with a bird's eye view. My Cryptocurrency Trading Strategy Firstly, I must emphasize that I'm VERY Bullish on Bitcoin for the Long Term. I've invested every single FIAT dollar I have into Cryptocurrencies since November 2013, and I literally have to start selling Bitcoins 2 months later to pay my rent (or wait for a Bitcoin ATM to appear here). Because of this, I spend a ton of time & effort researching Bitcoin and Altcoins to constantly look for ways to grow my number of Bitcoins. I also have a high risk propensity and so not all my trades will be comfortable for you. My point basically is that nobody's situation is exactly the same, so keep in mind that you'll have to build your own strategy to suit your personal needs, risk preference, available resources, and environment... My Current Altcoin Watchlist Long Term:
Reggie Middleton's UltraCoin layer
Others (Not so impressive but still watching):
MaxCoin. Way overpriced. Could probably fall 10x-100x. Wait and see where the bottom is.
KarmaCoin. Decently priced. I think 1 to 2 Satoshi is definitely a steal. Provided this coin can gain enough traction for a bubble.
Cryptocoinchart.info recently launched a new Social Trading feature; Investment Club. Pretty cool. Check it out: http://www.cryptocoincharts.info/v2/investment_club. Don't forget to stop by periodically and bookmark my Cryptocoinchart Investment Club profile (http://www.cryptocoincharts.info/v2/investment_club/trade12) for updates on which coins I'm eyeing/buying. Frequently Asked Questions 1. How do you feel about XYZ coin? First of all, there are over 100 altcoins out there, so don't expect me to know about every coin. If it's an exactly clone of Bitcoin, Litecoin, or anything already available, chances are, it's not worth either of our time. Secondly, read my tweets and do your own research (lazy = poor). If its worth mentioning, I probably did mention it. If you can't find it on my timeline because its too cluttered, again, do a Twitter search for the Altcoin and find out what the World has to say about it. Thirdly, there's 100s of altcoins out there for you to choose from. Don't spread yourself too thin and buy into every possible bottom. Leave the shitcoins to die, and stick to altcoins with a stronger fundamentals. 2. If I'm holding a bag of XYZ coin, should I just wait or sell for a loss now? Rule #1 of the game: Buy Low Sell High. But obviously easier said than done. If you think the coin isn't going make it to the mid-term, and want to liquidate them, you have two options. Sell now and take the loss; that's the hardest thing to do, but also what every good traders knows he needs to do. Or if you think the coin has potential, buy more at where you think is a low, so your average buy price drops, and you can liquidate some/all as soon as it bounces back up. Think Martingale (doubling) strategy.
P.S. This post took 5 months of hard work and research, and one full work day (with overtime) to write. Feel free to donate some coins my way or send some altcoins to my Cryptsy Trade Key: 9c1e289981a685bf0b8a4e48bc00b35eb1380afa. BTC: 16ka98tnhs9fAjWEXRmEWVrPfTEwmr9orV LTC: LW4qr8aSfgTwGuU6uvEjnhNKRyJJR9iUbR Read the full post on: http://alunacrypto.blogspot.nl/2014/02/how-to-pick-trade-next-profitable-altcoin-bitcoin-daytrading.html P.P.S. I recently came across an idea of a Cryptocurrency Hedge Fund; form a network/team of crypto traders to synergistically work together and achieve profitable returns. Different teams mining, selling altcoins, buying altcoins, looking for potential entry positions, trading bitcoin etc. If you'd like to discuss the idea, feel free to email me at alvinlee133(at)gmail.com or hit me up on twitter @onemanatatime.
Welcome to the Florincoin subreddit! This thread holds important introductory info on the technology behind Florincoin, how to mine, and how it's used in the wild
FLORINCOIN Florincoin is the first cryptocurrency to implement the transaction-comment feature, also known as "tx-comment" and "the text comment field". Transaction comments can be used simply as a greeting, a means of communication, a permanent historical record of data, and in more complex cases it is as a basis for advanced peer-to-peer application layers. Florincoin was created by bitcointalk.org user skyangel on June 17, 2013. The hashing algorithm is scrypt, and its core code is a fork of the Litecoin project. The transaction comment capability is a major improvement upon existing crypto currencies, and this subreddit is a collection of ideas, information, and use-cases for this powerful blockchain technology called Florincoin. Official Website
PiGrid - получай награду за помощь в исследовательских проектах Научные исследователи уже имеют технологии, которые могут помочь в борьбе против болезней и глобального изменения климата. Да, эти технологии зачастую зависят от доступа к мощным вычислительным ресурсам для симуляции и проверки результатов вычислений. Теперь, комбинация инноваций позволит ускорить прогресс в данной области. В гражданских научных проектах, любой желающий может предложить свою помощь. Выделив часть компьютерного времени исследовательским группам, любой может использовать время простоя вычислительного ресурса с пользой для дела. BOINC это научно исследовательская сеть, которая имеет все необходимое для логистики: она распределяет небольшие задания принимающим участие компьютерам для выполнения ими вычислений и сбора результатов, при этом управляя масштабируемостью сети В добавлении к этому, еще одна инновация Gridcoin позволяет наградить за участие в BOINC сети. Gridcoin использует блокчейн алгоритм для обеспечения быстрых и безопасных платежей в глобальной энерго-эффективной сети. В то время как Bitcoin потребляет электричество на более чем 15 миллионов долларов каждый день, Gridcoin способен кардинально сократить растрачиваемую впустую энергию и направить 98% мировых ресурсов подключенных к сети на научные цели. Это стало возможным благодаря свойствам Bitcoin, ассиметричной криптографии Blackcoin и продвинутого концепта "proof-of-research" реализованного в блокчейне Gridcoin По-прежнему, существует нерешенная проблема, связанная c адаптацией пользователей. Первоначальный процесс настройки Gridcoin в комбинации с BOINC отнимает много времени и зачастую бывает сложным. Это является препятствием для новичков. Для того чтобы предоставить конечным пользователям «plug-n-play» решение, был разработан PiGrid - решение с открытым кодом, которое работает прямо из коробки и берет на себя все необходимые действия по конфигурации и обновлениям. PiGrid может быть использован либо на вашем оборудовании, либо поставляться в виде коробочного варианта с предустановленным ПО. Графический интерфейс пользователя позволит выбрать исследовательские проекты посредством перетаскивания мышью, мониторить прогресс и отслеживать получение поощрений в Gridcoin Первое поколение PiGrid решений будет создано на основе краудфандинга Kickstarter: http://pigrid.com/kickstarter Ниже прилагается список ссылок со справочной информацией
Мы будем благодарны если вы упомянете PiGrid на любых новостных ресурсах. Если у вас есть возникли вопросы, присылайте их на адрес [email protected] Спасибо за ваше время! С уважением, PiGrid     
The ultimate BottlecapsCoin (Shortcode: "CAP") Thread!
Hey fellow wastelanders! Since I am a Fallout addict myself and recently got into the digital crypto currency which is inspired by Fallout I decided to open up this thread for dicussions and maybe helping some people to get into this. (Maybe the moderators can pin this thread to get this nice thing the full attention to the wastelanders that haven't noticed the existence of CAP. There's a subreddit for CAP but it's nearly empty, maybe it's a good idea to keep it on Fallout.)
WHAT IS CAP?
BottlecapsCoin, or short CAP, is the crypto currency made for Fallout fans! It's a 100% digital based currency! You can send and receive BottlecapsCoins with your very own wallet client.
Because it's great fun! And if all war breaks lose, we all have our BottlecapsCoins save!
WHAT DO I HAVE TO DOWNLOAD?
Easy! Just head over to https://docs.google.com/file/d/0B0V-7FME2rcyd254QXUtNjZwSWs/edit?usp=sharing to get the latest client. It's still in developtment and the developer is active, so it's far from dead. You may notice that it says "Blockchain too old" when you launched it and it has synchronized - don't worry about that, you can ignore this message. I think it may get fixed with the next client release. It also may take a few minutes to start. The wallet client will show your wallet address which is can be used to receive coins. This wallet address is always the same and only you have this address, there is no one out there with the same address! If you delete your wallet.dat file and restart your client you get a new address. But that's not needed because you can generate as much wallet addresses you like with 1 client and use it for sending & receiving. All of them are still stored in your wallet.dat file.
COOL, HOW DO I GET THESE COINS?
You have many different ways to get your hands on some CAP! 1) You can always mine them "solo" or within a "pool". Solo: You mine with your own GPU and/or CPU power and try your luck to find a so called "block". A block currently contains 10 CAP. If you find one, you get it instantly into your wallet! But you may expect days or weeks when you find nothing and get 0 CAP. This is where pools come into play! You can join a mining pool where many miners throw the power of their computers together to find blocks. If one of them finds one block the amount will be divided and given to all miners. So pool mining is the best choice because you always get CAP coins, no matter if you find a block or not. or 2) You can convert some amount that's cool for you of your USD/EUR to CAP on various different exchange websites! You also can convert some other crypto currency into CAP if you have one. (Bitcoin -> CAP or what you like)
WHEN I MINE MY REWARD IS JUMPING UP AND DOWN, WHY?
The more miners jump into mining these coins, the higher the difficulty to find blocks is getting. The higher the difficulty is getting, the lower will be the rewards you receive. Right now the difficulty is pretty good for newcomers, even those that don't have a big gaming rig with expensive graphics cards. It will jump higher over time, but that doesn't mean the currency is dead! The difficulty also regulates itself. If more miners stop mining this, the difficulty is going down.
WHO IS THE "BANK" THAT GIVES US ALL THESE COINS?
This is one of the greatest things with a crypto currency: There is no bank! Everyone that has the client ("wallet") acts as his own bank - isn't that a nice thing? You just need to backup your wallet.dat file which is located in /Username/AppData/Roaming/, there you will find a folder named BottlecapsCoin which holds the wallet.dat file. This file is where your Bottlecaps are sitting. Dropbox or a USB drive is great for a backup. If you lose the wallet file with a harddrive crash, your coins are also gone.
IS THIS SECURE AGAINST HACKERS?
The network itself is secure. You just need to make sure your PC isn't infected with loads of trojans and viruses which may steal your coins. You can also secure your wallet.dat file with a passphrase within the client.
WHAT CAN I BUY WITH CAP?
Right now it's too new to have it accepted by stores and stuff. Also (in my opinion) this might be more useful for tipping and buying things from users directly. You are great at creating beautiful custom Fallout wallpaper? Publish your wallet address with a release of your work so people who like it can send you some CAP! You are good at video editing and would love to cut a cool video story together? Don't forget to publish your wallet address!
WHY DOES THE PRICE OF 1 CAP ON EXCHANGE WEBSITES JUMP UP AND DOWN SOMETIME?
That's because traders who are in for making profit are speculating on future prices. Right now if someone sneezes the price changes. We will see a more stable price in the future soon, but like all new and great things: It needs time. So be patient. If you like to gamble with the prices or simply hold some CAP overtime for profit, feel free to do so! You have many exchange websites to do this. We all don't know if we might see a new Fallout with official Multiplayer support and new things.
Marscoin specifications. 33 Million Total Coins 1 block per 2 Mars minutes. 50 coins per block. 590 Blocks per Mars Day. Difficulty retardet every 24 Hours 39 Minuter (1 Mars Day)
MARSCOIN MRS Currently, there are two attempts underway to establish the first human base on Mars. While technologically not impossible funding such a project (estimated at 6-20 billion) is a major obstacle. If you share our dream of making that first giant step for mankind a reality, then Marscoin might be something for you. Simply by using Marscoin, a bitcoin alternative, you will automatically participate in serious boostraping efforts to colonize Mars. We donated 350,000 Marscoins to MarsOne, a non-profit that attempts to build the first colony on Mars. With your help - by adopting Marscoin - we will be able to help fund mankinds first colony on Mars simply by kickstarting the financial system of the future Mars colony! In addition, once the colony is set up MarsOne or a Mars colonist could take Marscoin to Mars and install it. That means that your Marscoins would continue to be yours on Mars, forever. Website http://marscoin.org/ Block Explorer / Crawler http://explore.marscoin.org/ Contact [email protected] SPECIFICATIONS Scrypt Algo 1 block per 2 Mars minutes 50 coins per block 590 Blocks Per Mars Day Difficulty retarget every 24 hours 39 Minutes (Mars day) Subsidy halves every Mars Year ~33 million total coins PREMINE 300k donation premined for non-profit MarsOne. DOWNLOADS Windows https://mega.co.nz/#...SEhScyfL_ZmfiZk Virustotal https://www.virustot...sis/1390829585/ MacOS https://mega.co.nz/#...chDJZiWW1sl_hrI Linux https://mega.co.nz/#...62qd2R5duKSFD2g Source Code https://github.com/marscoin/marscoin. Sample marscoin.conf rpcuser=username rpcpassword=password rpcallowip=localhost rpcport= port= gen=0 server=1 addnode= PORTS RPC Port: None Available. P2P Port: None Available. POOLS http://mars.pooler.cc/http://pool.marscoin.org/http://mars.pooler.cc/http://p2pool.neocities.org/ EXCHANGES None Available. SOCIAL Twitter https://twitter.com/marscoinorg Facebook https://www.facebook.com/marscoin Forum http://www.mars-project.org/ Reddit http://www.reddit.com/marscoin SERVICES / OTHER Faucet http://faucet.marscoin.org/ Payment Processor https://coinpayments.net/ Edited by Jimmy, 31 January 2014 - 05:48 PM. Added / Updated Information. CryptoCoinTalk.com Discussing the world of cryptocoins and cryptocurrencies Information posted on CryptoCoinTalk.com doesn't constitute legal or financial advice. Please consult a licensed trained professional. CryptoCoinTalk.com does NOT host cryptocoin mining software nor does it create or develop any cryptocoins. Cryptocointalk.com doesn't endorse any cryptocoins or cryptocoin services. Please follow all local, state, federal, and international laws. Any views expressed are provided for informational purposes only and represent only the opinions of this CryptoCoinTalk.com website and should not be construed in any way as an offer, an endorsement, testimony, or inducement to invest. All cryptocoin launch announcements / information threads are informational threads created to provide information about a new cryptocoin. In no way do these launch announcements / informational threads denote that CryptoCoinTalk developed the launched cryptocoin. Download links come without any warranties implied. Download and use cryptocoin / cryptocurrency software, mining pools, or any listed services at YOUR OWN RISK.
New CryptoCoin launch preperation guide; I've created this short guide for new users who want to jump in on the mining of a newly launched coins. Being prepared and getting on the network immediately will lead to you finding the earliest blocks (some coins have block rewards that are higher in the beginning) Step One - Prepare the Data/Wallet directory The first step in this guide will be to setup the directory that will hold your wallet data, config file and blockchain store. We want to set this up first so we can immediately start solo mining without screwing around with settings that are common across all CryptoCoin wallets. Windows 7/8; C:\Users\YOURUSERNAME\Appdata\Roaming\COIN_NAME Windows XP; C:\Documents and Settings\YOURUSERNAME\Appdata\Roaming\COIN_NAME Linux; ~/.coinname/ MacOS X - ~/Library/Application Support/ Create a directory in one of the above directories that will match the name of the coin (ie: Bitcoin). In this directory we are going to make the default .conf file; Default options listed in the COINNAME.conf will be as follows; server=1 listen=1 daemon=1 rpcuser=YOUR_DESIRED_USER_NAME rpcpassword=YOUR_DESIRED_PASSWORD rpcport=NUMERIC_PORT_TO_LISTEN_ON rpcconnect=127.0.0.1 Change the rpcport parameter to a generic port # if you plan on only having one batch file to start solo mining. WARNING, this method will interfere with mining if multiple wallets are running using the same port number. If the launch forum post lists default rpcport #s, use them instead of one generic port. (cryptocointalk/bitcointalk). Pay attention to the original launch information forum post, adding nodes with addnode=ipaddress, can help speed up node discovery and wallet sync. You can add these options fairly quickly with a cut and paste. If you have multiple rigs and plan to throw their hashes at the wallet if it's not on the same machine, use the .conf option rpcallowip=your.network.address.* (eg: rpcallowip=192.168.0.*). Step Two - Create your .bat file If you've been mining for awhile, this should be a simple step, otherwise, it is beyond this tutorial on how to fine tune your mining software. The .bat file should only be a few lines long; setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_USE_SYNC_OBJECTS 1 cgminer --scrypt -o http://127.0.0.1:WALLET_RPCPORT_PARAM -u YOUR_USERNAME -p YOUR_PASSWORD the_rest_of_your_miner_config_here This is the default for scrypt mining. Always pay attention to the announcement post for specific mining options (CPU only, keccek, scrypt-n, etc). Change the IP address in -o option to your wallet machines ip address, should be you mining from a different machine. (making sure to set the above rpcallowip= correctly) note: adding gen=1 to your config file will automatically start the wallets internal block generation routine, by passing the need to start your mining software. Just remember to edit this option later if you run the wallet continually and do no plan to directly mine. Step Three - Mine! Download and install/extract wallet, run the wallet. If everything is set correctly, you should be ahead of the game and finding blocks very quickly. If you've found this post informative, I'm never opposed to receiving gifts of Litecoin :D LXFE81zFSTkzsV1TrRCtdy781F1aiEfYHe also: If you have any additions to this guide, please PM or comment, so that I may correct any errors I may have included. edit: formatting.
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In this video I talk about mining Cryptocurrency and bitcoin in Thailand. I talk about a mining rig I am building at the moment. Category People & Blogs; Show more Show less. Loading ... 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... Bloomberg Fires Back Against Trump’s Tweets, But Will Other Critiques Hurt His 2020 Chances? MSNBC - Duration: 6:46. MSNBC Recommended for you. New I set up a Bitcoin cryptocurrency mining farm in my garage with GPU mining rigs and ASIC miners as well as FPGA miners in my house. I explain how to setup yo... This video is all about Mining . We discuss how mining in bitcoin works and the differences between SOLO MINING VS MINING POOLS. Hope this video brings you a lot of value! Let´s keep on learning ...