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Cloud Mining Bitcoin – All You Need to Know Cloud mining is a type of virtual speculation. You buy an amount of hashing energy from a provider that is committed to cloud mining bitcoin for you. The provider then does all the management of the mining and takes care of all the operations and all the work involved in the mining. It’s quite a controversial solution, although, at first glance, it looks really great, as all you have to do is pay for the infrastructure. Cloud mining, like a real cloud, is quite nebulous, as what you’re doing is betting that the level of will remain the same or decrease over time. You might think that you’re betting on Bitcoin Prices going up but that’s not actually true – what you’re betting on is that the mining structure will weaken over time – a bad bet. At the other end, the cloud miners are betting that the mining strength will increase; they’re charging you the fees to run the network and the cost of the cloud mining itself. 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It’s pretty much the same as if you rent a car or house or anything else, with the crucial difference that you hopefully won’t spend money for the service, but receive profit from it. The terms of the contract vary considerably among provider and could make a huge amount of difference as to how successful your investment is likely to be. The best thing to do is to input varying terms and costs into a profitability calculator. You need to look for a company offering a low cost per giga-hash to stand the best chance of making your money back and then a profit. The Various Types of Remote Mining There are currently three forms of remote mining: hosted mining, virtual hosted mining and leased hashing power. Hosted mining is the leasing of a mining machine that is completely hosted by the provider. Virtual hosted mining is ideal for the more tech-savvy as it involves the creation of your own virtual private server and the installation of your own mining software. The other method – leased hashing power – is the most popular form of remote mining as you can rent a certain amount of hashing power without the burden of having a specific physical or virtual computer. Risk versus Reward As with all crypto-currencies and indeed all other types of virtual speculation, there are risks and rewards and canny operators will take care to learn as much as possible before investing any significant amount of funds. Improperly run companies and fraud are also common in this sector. Do your research, read reviews ( / ), ask direct questions to the operators. Read the terms and conditions thoroughly. Take the time to perform some test speculations; you will notice that you will make some money for the first few months. After that the amount will decrease, and you could even make a loss when taking into account the cost of fees. A good rule of thumb is only ever to invest what you can comfortably afford to lose. You won’t necessarily lose money, but there are a lot of risks, which you need to be aware of. However, profitability is certainly possible if you make the right decisions. In the initial times, Ethereum was easily mined on standard PC. At that time, there were only few steps that were required to mine Ethereum and now a comprehensive guide of Ethereum mining is available. Today, there are plenty of ways of mining Ethereum. Previously, CPUs and GPUs were used to mine the Ethereum. However, now it is mined on graphic cards and you can also join a mining pool. If you are among the one who is not a tech lover or not the one who loves to spend time in reading about the latest technology trends, then signing an Ethereum mining contract is an ideal option for you. In cloud mining, you don’t need to own a mining hardware or equipment, you just have to make your account and start mining. It is advisable to thoroughly search for reliable mining partner and then compare cloud mining Ethereum contracts. Nowadays, there are numerous cloud mining service providers across the world. Since Bitcoin is launched, a horde of mining companies have come into existence and making money out of it. The list of renowned cloud mining providers include,,, and more. In all of these mining companies, you just have to create your account and start Bitcoin and Ethereum cloud mining. There is no hassle of downloading any app, no investment in mining hardware, and most importantly no cost of electricity involved. All these things saves big time. The foremost reason why people invest in Ethereum cloud mining is best deals. They have the chance to earn profits on the investment early. In cloud mining, lower transaction fees is charged globally. This method totally removes the cost of operations of mining Ethereum. You just have to put your money into the purchase plan. Post that, you will get the hash rate and you can start mining. There are one year, two year, or lifetime cloud mining contracts, you can choose the contract as per your budget. In addition, in cloud mining, there is a guarantee of 100% uptime and no risk of fraudulence. As Ether price is on the rise, so the cryptocurrency is in high demand in the market. The current price of Ethereum is $293. Owing to this, every trader is already investing or planning to invest in this hyper-growth market. Cloud mining Ethereum companies offer people customized plans too so that everybody can easily invest in this cryptocurrency. The mining companies substitute large number of machines. In one year mining contract, no upfront payment is charged. Apart from this, there are two reasons, due to which Ethereum cloud miners get the best deals. The first reason is that miners buy Ether in bulk in order to get discounts on graphic cards. And second reason is miners use the mining locations, like Iceland where electricity cost is low. Doing so, reduces the cost of operations majorly and that ultimately saves big amount of money. In fact, the leading Bitcoin and other cryptocurrency cloud mining company, Hashgains provides the best-in-class cloud mining platform that helps in mining altcoins in the simplest way. Additionally, another advantage of signing an Ethereum cloud mining contract is you do not have to hear the mining equipment or hardware noise. Also, it is a pretty simple logic to get a mining contract if you don’t love to mine on your own or do not have enough budget. Though in the beginning, you will get less profits on mining on yourself, but if you try cloud mining Ethereum contract, there is a possibility of earning profits early. Following are the Hashgains Ethereum one year mining plans. Topaz Ethereum Mining Contract 5 MH/s $129 Ruby Ethereum Mining Contract 25 MH/s $629 Emerald Ethereum Mining Contract 50 MH/s $1199 Sapphire Ethereum Mining Contract 100 MH/s $2399 You will get a discount on buying any of the above-listed Ethereum cloud mining contracts from Hashgains. Due to the high demand in the market, Ethereum has become the second most renowned cryptocurrency in the market. You can also receive daily payouts in your Ethereum wallet, available on the computer and phone too. Also, you can store or spend them as you wish. Just in time for Christmas a new NiceHash EQM 1.0.4a miner is available with about 10-15% speed boost for owners of Nvidia GPUs mining Zcash (ZEC). Like previous versions of the EQM miner it will only work for selling your hashrate on NiceHash, so not able to mine on another pool with it. The latest speed bump is intended for SM52 and SM61 capable Nvidia GPUs (that means only 9xx and 10xx cards), so no speedups for owners for first gen Maxwell GTX 750 (Ti) unfortunately. Currently only a Windows version is available. We are seeing a nice bump from about 320 H/s with the previous version to a little over 360 H/s on a stock GTX 1070 GPU with the 1.0.4a, overclocking brings even more hashrate. Currently the NiceHash EQM Zcash miner is the fastest ZEC miner out there for Nvidia GPUs with the latest release bringing up to almost 50% increase in performance for most Nvidia GPUs. Everything would have been perfect if you could use the miner for other Zcash pools, but the EQM miner is still only supporting the NiceHash service, so you cannot mine ZEC with it, just sell your Zcash hashrate and get paid for it in Bitcoin. The recently released is probably the fastest ZEC miner for Nvidia GPUs that is available for Windows that you can use on other pools for mining Zcash directly, though it is slower than the latest EQM miner release and that one also comes with 2% dev fee (no fee on the NiceHash miner, but only locked to their service). The latest NiceHash EQM Zcash 1.0.3a is available for both Windows and Linux and promises up to 320 Sol/s on a stock GTX 1070, and up to 370 Sol/s on overclocked GTX 1070 (you need to use two instances per GPU for maximum performance). We can confirms hashrates that are very close to the ones claimed on the GTX 1070 and of course the miner also does well on other NVidia GPUs. Do note however that it does require SM 5.0 GPU, meaning Maxwell or Pascal as it will not work on older Nvidia architectures –. A simple and extremely accurate Bitcoin mining calculator with. (LTC) Buy Bitcoin Cash (BCH) Buy Dash (DASH) Buy Monero (XMR) Buy Zcash (ZEC) MINING GUIDES. Mining-calc - Cloud mining profit calc. DASH and ZCash. Coins exchange average rates from. The most profitable is LTC mining with return of investment in. AMD GPU miners were recently getting quite the boost thanks to Claymore’s Zcash miner on Windows, but now Windows users with Nvidia GPUs also got a nice boost in ZEC mining performance thanks to the release of the NiceHash EQM Zcash Nvidia Optimized Miner. It kind of doubles the performance that people were getting with the previous nheqminer from Nicehash, so now with a 6x GTX 1070 GPUs for example you can be all the way up to about 400 H/s. Do note that the miner currently supports only newer Nvidia GPUs and will apparently not work on anything lower than SM 5.0 capable GPUs – Maxwell or Pascal. The only drawback is that the miner currently only supports connection to NiceHash, so you cannot use it with other pools. While this might nit be bad during the, after that you might still want to go for mining and keeping Zcash instead of immediately selling it for profit. Hopefully in the next few weeks we are also going to see more development happening for Nvidia users and that goes not only for Linux, but for Windows users as well. Linux users would probably want to go and try the that also brought support for Nvidia GPUs and is apparently providing similar performance as the NiceHash release for Windows. Also the Silentarmy miner is doing pretty well on AMD hardware, so do try it as well if you have such mining rigs and are running them on Linux. Copyright ©2014-2018 - - All About BTC, LTC, ETH mining as well as other alternative crypto currencies. This is a blog for crypto currency miners and users of Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), ZCash (ZEC) and many others. If you find helpful and useful information you can support us by donating altcoins or Bitcoin (BTC) to: 1AxbMZwtcmCByrHiaWwhse5r6ea1YgBwk1 ETH: 0x8d785ff337046444d8afbac169bcb7c0adfb3266 - LTC: LPYFPK7dL1uEtwrAteLmxs7w8Je446gAAJ - ZEC: t1gg5rWxeMBMsyDRMrq5PJdFLiWQ86LGggi. There are many cryptocurrency cloudmining platforms, and. However, NiceHash is a bit different from others as it allows people to not only purchase mining power but also sell hashing power. It is a mining power trading platform. *** Hashflare offers cheaper. *** Company Background Address: doesn’t provide any address on its website. However, the website states to have its servers based out of various locations across the globe, including Amsterdam (Europe), San Jose (USA), Hong Kong, Tokyo, Sao Paulo (Brazil) and Chennai (India). An analysis of the website and its terms and conditions lead us to speculate that the company’s base of operations is located in Slovenia. Best Bitcoin Cloud Mining Contract Reviews and Comparisons. NiceHash Review: NiceHash offers you to sell and buy hashing power. Those wanting to get in touch with the team can do so either by sending an email to [email protected] or raising a support ticket on the dashboard. According to the website,, offering advanced cryptocurrency cloud mining, hash rental service and multipool. The platform also offers value added services to miners, digital currency traders, and investors. Value for Money NiceHash offers flexible mining options to the cryptocurrency mining community members. It allows people to buy and sell mining power while enabling the users to make use of their own devices to mine cryptocurrencies. A specialized software offered by the platform, allows individuals to connect their computers, GPUs, AISC machines, rig farms and more.. If this is you,. NiceHash supports a range of cryptocurrency algorithms including Bitcoin, Bitshares, EmerCoin and Digibyte (SHA 256 algorithm); Litecoin, DogeCoin, FedoraCoin (scrypt); LeoCoin, DASH, Fuelcoin, StartCoin, VCash (X11) and a lot more. Rest of the supported cryptocurrencies include Hellemmic Coin, AmberCoin, Mxcoin, HTMLCoin, Mary Jane, Talkcoin, FeatherCoin, OrbitCoin, PhoenixCoin, Vertcoin, Crypto, Vanillacoin, DGB-Qubit, Decred, Ethereum, Ethereum Classic Zcash and more. The platform offers lots of flexibility when it comes to purchasing the hashing power. Buyers can select the cryptocurrency they would like to mine, choose the mining pool they want to connect to and even the price they are willing to pay for the hashing power while placing the order. Unlike other cloudmining services, NiceHash is also a marketplace that not only allows buyers to purchase the hashing power but. In order to be able to sell the mining power, the seller has to connect his mining hardware to the platform’s stratum servers following which the hashing power purchased by the buyer will be forwarded to the mining pool of his/her choosing. They will receive Bitcoin payouts for each submitted valid share based on the current weighted average. The platform follows a free market pricing model for mining contracts for different cryptocurrencies. There is a minimum price slab set for each cryptocurrency which might exceed based on the demand and the bid values, Customer Support is said to have a responsive and efficient customer support that can be reached by email or by raising a support ticket on the platform. Most of the frequently faced issues by the customers are already listed in the FAQ section of the website, which makes it easier for the users to troubleshoot the problems or get their queries addressed without having to interact with the customer support team. Payout Processing The platform has multiple payment schedules in place, based on the nature of wallet associated with the user account. If a user on NiceHash is using the platform’s own wallet, then the payouts greater than 0.001 BTC will be processed on a daily basis. Similarly, for external wallets, the daily payouts should exceed 0.1 BTC and weekly payouts at greater than 0.01 BTC. If the accumulated balance doesn’t cross the minimum threshold, then the generated balance continues to accumulate, to be transferred only after it crosses the threshold limit. Security NiceHash has a pretty standard security setup including secure web pages and two-factor authentication, making it much safer for its users to log in and enter confidential details. There is always a risk of NiceHash’s cloud mining service being hacked, so it is advisable to not leave large amounts of BTC in your user account. Conclusion than a cloud mining service. However, they both share many striking similarities. The company seems to have a good track record so far. But the lack of proper contact details on the website is a cause of concern. Factoring the service, years of operations and the experience of some of the users,. We hope this NiceHash review has helped you make an informed decision. *** Hashflare offers cheaper. *** Disclaimer: CloudMiningReport does not provide any warranties towards the accuracy of the statements in the above NiceHash review. It is your responsibility to conduct your own due diligence of the platform. Bitcoin cloud mining profitability depends on many factors such as the current and future Bitcoin exchange rate, future mining difficulty, and the reliability and security of the service used, including the risk of the service being hacked. As with Bitcoin and cryptocurrencies more generally, do not invest more than you can afford to lose. Check Your Profitability. (arguably) a universal truth of mining profit calculators.Bitcoin Mining Calculator is used to calculate mining profitability for Bitcoin mining. Bitcoin profit calculator – BitcointsLearn how our experts can invest your retirement in Bitcoin. Nicehash has a profit calculator on their. How much can you earn bitcoin mining on nicehash 2017 - Duration: 3:19.Use of the expensive ASICs drove the difficulty of mining Bitcoin to the roof and killed any sort of chance of. What is the best cryptocurrency to mine with a GTX 1080Using the bitcoin exchange rate may be the best way to calculate. Equipment turning a profit is just as.As expected dual-mining does work well and provides a nice bit of extra profit when compared to. Hi, At NiceHash you can also mine Ethereum, among many other things. Simply input your cost per Kwh and it will carry out the calculations for you.Everything you need to know about Bitcoin and how to start making money with them in no time.BTC: Ethtrade - Ethereum Profit Calculator. Plan coinomia bitcoin mining Ethtrade Calculator Ethtrade. Shares, NICEHASH. Bitcoin Mining Profitability Calculator (+ Beginners GuideAlgorithm speeds achieved with CPUs and GPUs should be measured using NiceHash Miner as the.Find out how to earn with Bitcoin mining and estimate your profit. The tool is called Profit Calculator and in. Block rewards and also checks Nicehash for their current prices as. Can support us by donating Bitcoin. Nicehash offers a platform for Bitcoin, Ether and Zcash cloud mining.Calculating Bitcoin Mining Profitability on Bitcoin. On the Bitcoin Pool based on several variables the user can input which will calculate profitability. NiceHash Miner is essentially a profit switching mining tool. NiceHash on Twitter: 'A sneak peek of the new NiceHash Miner is essentially a profit switching mining tool that chooses the most profitable algorithm based on your mining hashrate and sells your. MinerGate vs NiceHash - where is more profit?| Forum AMD Radeon RX VEGA 64 Benchmarked With NiceHash Miner Also did you know that if you are a Nicehash user they run a profitability calculator aswell., best altcoin calculator, best bitcoin calculator, bitcoin blog. New NiceHash Miner Legacy 1.8.0.1 With Updates and Fixes Using Future Bitcoin Exchange Rate To Calculate ASICYou get paid in bitcoins by pay-per-share approach, once a day or once a week. Review on cloud mining service Nicehash. Nicehash is a Bitcoin cloud mining. Although cloud mining to mine in pools and not solo for profit can be.With the popularity and the price of Ethereum shooting up with a small dip in Bitcoin it has raised alot more attention from alot of peop. Ethereum Mining Profitability CalculatorIt was the first time a domestic investigative agency seized digital currency as a criminal profit. To calculate the value. That bitcoin is.How To Make Mine Unlimited Bitcoin Earn NiceHash Miner Earn Bitcoin. Important update We want to share an important update with all of you. We are in contact of big private investors now a days as they are ready to invest in bitcoin cloud mining with us. So because of this deal, We have thought to stop selling hash power on web platform. As if investors will invest directly, then it will be easy for us to operate mining. Members of China's bitcoin mining ecosystem have committed to. Bitcoin Miners Back Proposed Timeline for 2017 Hard. Fee ratio for AntMiner S9 cloud mining. Oct 23, 2017 - The cypherpunks who created Bitcoin face off against the Silicon Valley CEOs who popularized it. To be sure, Bitcoin has undergone such an event before. And they can be located anywhere in the world, because after all, these “houses” (blocks of Bitcoin transactions) are virtual and live in the cloud. We are stopping new registrations, affiliates and mining packages which we have launched ago. You will get refund process in your dashboard under purchase package section. Japan firm says it will pay part of salaries in Bitcoin A Japanese company will start paying part of its employees' salaries in Bitcoin, as it aims to get better understanding of the virtual currency. GMO Internet, which operates a range of web-related businesses including finance, online advertising and internet infrastructure, will start paying up to 100,000 yen ($890) monthly by Bitcoin to its employees in Japan from February next year.The offer will be open to around 4,000 employees of the GMO group in Japan. The company started a Bitcoin trading and exchange business in May this year. World Bitcoin prices have surged globally this year, soaring from less than $1,000 in January to around $19800 all time high. Bitcoin price records new all time high - next target 10000USD!!!! The total market capitalization for the cryptocurrency market has exceeded $300 billion for the first time. Data from CoinMarketCap.com shows that the market capitalization for all cryptocurrencies is currently at roughly $300.5bn. Of that amount, bitcoin's market cap represents the lion's share, accounting for about $158 billion. The move comes as the price of bitcoin continues its surge above $9,000, trading at roughly $9,482, according to the Blockchain Bitcoin Price. The push above $300 billion perhaps also showcases the pace at which the market has grown in recent weeks. 3rd, the overall market capitalization rose above $200 billion for the first time. By contrast, the market crossed the $100 billion level back in June. Other cryptocurrency market developments contributed to today's market capitalization milestone, additional data reveals. Bitcoin price is still increasing, It can reach at 10000$ milestone in few days. Indian supreme court calls on government to regulate bitcoin The indian supreme court has asked the government to respond to calls to regulate bitcoin. Three justices issued a notice to the central bank, the market regulator, the tax department, and several other agencies, asking them to answer a petition on the matter, the Hindu, an Indian newspaper, reported Tuesday. The original petition to the court expressed concern that bitcoin can be used to conduct transactions across borders without a trace, making it an attractive tool for ransomware attackers and tax cheats.The petition goes on to state that bitcoin exchanges in India add 2,500 users per day, and that some 500,000 residents now hold bitcoin. On Wednesday, the exchange rate between Indian rupees and bitcoin was more than 470,000. As a result of its adoption, bitcoin usage may affect the market value of other commodities according to the petition, which pleaded with the court for an urgent direction for the government to intervene. Bitcoin smashes through $6,600 to new record high after CME announces plans for futures contracts Bitcoin CME Group's Duffy on bitcoin futures launch: People are looking for more efficient ways to do commerce 18 Hours Ago.Bitcoin surpassed $6,500 and $6,600 on Wednesday to hit a new record high after the CME announced plans to launch bitcoin futures later this year. The price of the cryptocurrency hit a high of $6,600.84 just hours after breaking through the $6,400 barrier, and minute after moving past the $6,500 mark, according to data from industry website CoinDesk. Its market capitalization, or the total value of bitcoin in circulation, hit $110 billion. On Tuesday, U.S.-based exchange CME said it would introduce bitcoin futures contracts this quarter, subject to regulatory approval. 'We've been working with the regulator. They understand our application. And they understand our model very, very well,' Terry Duffy, CME Group chairman and CEO told. The introduction of such a product could bring more institutional investors into the market. It's believed that this is helping to boost the price. Bitcoin market capitalization going to reach $100 Billion USD mark soon. The market capitalization of bitcoin is currently sitting at approximately $94 billion USD after setting a new all-time high of over $92 billion USD earlier this week. Bitcoin’s market capitalization has so far made gains of over 600% during 2017, after starting the year at approximately $15.6 billion USD. If compared with the market cap of the top 100 global companies according to Pricewaterhouse Coopers, bitcoin would rank 81st, just three places shy of Goldman Sachs – which boasts a market capitalization of $96 billion USD according to the data. Bitcoin would be one place above the United States Postal Service ($93 billion USD), and several places above Nike and Australian mining giant BHP Billiton – who both have a market capitalization of roughly $92 billion USD. When contrasted with the annual gross domestic product (GDP) of nation states, bitcoin’s current market cap would garner it a ranking of 66nd when compared to 191 countries, according to IMF projections. If bitcoin were a country, it would be ranked behind Ukraine, who has an annual GDP of $95.9 billion USD. Ranking behind the hypothetical nation of bitcoin would be the Slovak Republic ($89.1 billion USD), Sri Lanka ($84 billion USD), and Ethiopia ($78.4 billion USD). China is going to shutdown bitcoin exchanges China is home to vast and lucrative cryptocurrency mining operations for both Bitcoin, Ethereum, and other cryptocoins. Three Chinese exchanges — Bitfinex, OkCoin, and BTCC — made up over 45 percent of the global market share over the last days, according to news. Bitcoin’s growing popularity in China may have caused the government to begin to perceive it as a threat to local currency, especially as Chinese investors bought up bitcoin and bet against the yuan last year.These exchanges will be offline from 30th September 2017 so all users have to withdraw their funds from these exchanges. Swiss town will accept tax payments in bitcoin The municipality of Chiasso in Switzerland is to start accepting tax payments in bitcoin, according to a local news report. The new scheme, to be put into place for the start of next year, was apparently made following discussion with various blockchain groups based in the area. There are limits to the scheme, however, and tax payments made in bitcoin cannot exceed 250 Swiss francs (around $265), the report states.The Mayor of Chiasso, Bruno Arrigoni, was cited as saying that the town is 'recognised internationally as an epicentre of a growing technological and economic growth for both the canton and in Switzerland.' Nicknamed the 'CryptoPolis,' Chiasso is set on establishing itself as a rival to the country's blockchain epicentre Zug, and has reportedly seen eight startups set up base there in the past few months. Zug, which has become famous internationally as Switzerland's 'Cryptovalley,' announced it would allow citizen to pay for government services in digital currencies back in 2016. Bitcoin price surges to $3500 up and continue to $4000 mark. Hello Congratulations bitcoin owners!!!!! Suddenly bitcoin price shown big movement because of SegWit news.Price of bitcoin started increasing when it crossed $2900 mark on 4th august. And in few days it climbed to $3500 mark which is all time higher and continues its bullish run on crypto market. Start mining bitcoins today with us as it is future currency and you can earn big profits as this is just a beginning of bitcoin, so much has yet to come. Bitcoin Price Could Exceed $100,000 by 2021: Harvard Academic Bitcoin could pass $100,000 by February 2021; a Harvard academic has said announcing Bitcoin is the first digital currency to follow Moore’s Law. In emailed comments to Business Insider, investor Dennis Porto said that after analyzing Bitcoin’s performance, it was the “first” currency to follow the digital technology rule. “Moore's law specifically applied to the number of transistors on a circuit but can be applied to any digital technology,' Porto wrote. 'Any technology that is growing exponentially (i.e., 'following Moore's law') has a doubling time.' The comments come as Bitcoin price hits new all-time highs as SegWit lock-in is set for Aug. The march towards $3,500 per coin mimics the growth rate seen by the handful of altcoins which activated SegWit earlier this year, such as Litecoin. Porto makes the assertion that Bitcoin price has de facto doubled every eight months since its inception. “This poses a unique opportunity for investors,” he added, something which was well-received in social media circles. While multiple well-known commentators have contributed their opinions on how much one Bitcoin will cost in the next five or 10 years, $100,000 by 2021 is at the bolder end of the spectrum. This week, Max Keiser repeated his faith in Bitcoin reaching $5,000 in the coming months. Bitcoin may be hot, but is it the right investment for you? If you put $1,000 into Bitcoin in 2013, you’d have more than $23,000 now. Techies claim it’s the future. Enthusiasts are buying. Like most investment decisions, it depends on who you are and what you want. Though it's called “cryptocurrency,” Bitcoin is pure speculation, not money. It sounds like fancy, techie money. Some retailers accept it as payment. Since Bitcoin is untraceable, it’s often used on the Dark Web, where unsavory types deal in unsavory things. Real money is exchanged for goods and services anywhere. Its value is relatively stable in the short term. It’s accepted by those who know its value largely holds up until it can be reused. You don’t mind holding and spending it because you feel that way, too. And it’s easy to access. You get it readily if you have something valuable to sell, such as your labor. Money is liquid, plentiful, stable and nationally accepted. Bitcoin isn’t any of that. There are about 16.5 million Bitcoins worth $42 billion. America’s annual economic output exceeds $19 trillion. The world’s tops $75 trillion. Will Bitcoin Cash Impact the Bitcoin Price? Traders Split on Possible Fork Bitcoin traders may soon be able to bet on their preferred version of the blockchain. As if a years-long debate over the network's technical roadmap wasn't dramatic enough, Tuesday could see yet another twist in bitcoin's scaling debate. That's when a group of miners and developers say they will go as far as to create an alternative network to prove bigger blocks are the best solution for increasing network capacity. Called Bitcoin Cash (BCC), the effort will effectively fork bitcoin's existing software and transaction history, and in the process, give every bitcoin user new cryptocurrency tokens on a new blockchain with different rules. Should users own 2 BTC, this means they'll now be able to claim 2 BCC on the Bitcoin Cash blockchain, a move that could generate millions of dollars in new value for traders. Not without precedent, a similar event took place on ethereum last summer, when members of that community created a new cryptocurrency to protest a design decision by developers. Yet if you were expecting that sort of uncertainty to be scaring away traders, according to Ripple gateway operator Rafael Olaio, the end result is anything but. Given the creation of the new network, Olaio. Bitcoin Investment Vehicle Adopts Open Strategy Ahead of Blockchain Fork The provider of a bitcoin exchange-traded note (ETN) in Sweden has said that it will track what the market considers to be 'bitcoin' following a possible network split next week. XBT Provider AB released a statement outlining its plans ahead of what could be a split in the bitcoin blockchain on August 1, one pursued by the proponents of an alternative implementation called Bitcoin Cash. The first of two etns launched by XBT Provider went live in mid-2015 following approval by the Swedish government. The firm said that, as the ETN holders don't actually possess any bitcoin, they won't be directly affected. But XBT Provider said it is moving proactively to protect the bitcoin holdings that the ETN tracks, steps which include safeguarding the assets themselves in the event of a chain split. 'The Guarantor's group companies have moved as much of their bitcoins held on account as is practicable in the circumstances to custodian infrastructure that will support both coins should a new coin result from the anticipated fork,' the company stated. Segwit2x Deployment: ‘Excited Traders’ Drive Bitcoin Price Up Bitcoin has bounced back from its huge loss after bridging an ideological gap that poses a threat to the number one cryptocurrency. After its record breaking slump over the last week, Bitcoin re-surges to 2,300 levels as miners began deploying segwit2x. The Bitcoin price has risen to as high as $2,356, $598 higher than its record low of $1,758 last weekend. Bitcoin’s big jump is only short $644 before it reaches its June 12 record of more than $3,000 again. Bitcoin’s big jump was attributed to the use of segwit2x, a new software that is believed to have been the major compromise for the erring Bitcoin faction: the miners who deploy costly computers to verify transactions acting as the backbone of the Blockchain, and the developers or the Core who uphold Bitcoin’s bug-free software. With Bitcoin’s lack of central figure or authority, reaching an agreement has been difficult. But segwit2x has become the first major solution to Bitcoin’s ideological gap. 55 percent of blocks mined With its release over the weekend, segwit2x has finally secured adoption by large miners like Antpool, BTTC and Bixin. More or less 55 percent of the blocks were seen to be done with segwit2x as monitored by coin.dance. If support for segwit2x reaches 80 percent and maintains that threshold from more than two days, it will definitely keep Bitcoin from splitting. Cryptocurrencies Down 23% for July. Is This the Bottom? The great digital currency bull run of 2017 came to a screeching halt in early June. Shortly after hitting all-time highs—bitcoin broke $3,000 and Ethereum nudged $400—the party ended, and cryptocurrencies of all stripes plunged. Now, almost two weeks into July, the picture is even less pretty as most types of digital money are firmly in bear territory. How bad is it? Alex Sunnarborg, a researcher at Coindesk, tweeted a helpful chart that shows the respective declines for bitcoin and other currencies since the start of the month. As you can see, bitcoin did not fare as badly as some of its smaller rivals. The original digital currency is down around 6.5% while Ether, the cryptocurrency associated with the decentralized computing network Ethereum, is down 29%. Ripple dropped a brutal 39%. The average overall decline is approximately 22.7%, though it's important to note some of these currencies are relative minnows. The market cap of bitcoin, the sector's undisputed heavyweight, is currently around $40 billion while that of Dash is $1.3 billion. Poland’s Largest Food Delivery with 5000+ Restaurants Starts Accepting Bitcoin Pyszne.pl is Poland’s largest service for ordering food online. In 2016, the site reported having approximately 883,000 active customers, 4.3 million orders, and an average order size of 9.55 euros. It has partnered with 5,062 restaurants, ranging from pizza, sushi, kebab, dumplings and other dishes, all of which offer delivery. In 2014, Pyszne.pl was acquired by Takeaway.com, one of the largest online food ordering websites in the world. Headquartered in Amsterdam, Takeaway.com is active in 10 countries, has 28,800 restaurants, and 8.9 million active customers. Pyszne.pl is Takeaway.com’s fastest growing brand and the only one in Poland. In 2016, it grew 150% annually in terms of gross merchandise volume. Takeaway.com wrote: Poland [Pyszne.pl] continues to be our fastest-growing market delivering another year of triple-digit order growthwe have achieved twelve times order growth in Poland and cemented ourselves as the clear number one in a fast-growing market. Our brand is multiple times larger than the number two based on orders. In addition, the company detailed, “Poland is also home to our fourth largest office,” which is located in Warsaw. “Our Polish business became our third largest market in 2016.” Pay with Bitcoin Pyszne.pl recently announced that it has started accepting bitcoin through Bitpay, beginning this month. In addition to bitcoin, customers have other options to pay such as with a credit card, online transfer, Sofort, and Paypal. Users of Pyszne.pl mobile application can also use Android Pay. Bitcoin Scaling Project Segwit2x to Release New Code Today Segwit2x, a controversial scaling proposal largely backed by the bitcoin network's enterprises and miners, is moving ahead in adherence with its previously announced timeline. Bloq co-founder and Segwit2x lead developer Jeff Garzik confirmed that new code is set to be released on Friday, following two weeks of alpha release testing. The release is said to address issues and comments on the initial version. As such, the release is expected to mark a new phase for the proposal, which has been praised by some as a pragmatic solution to the network's perceived capacity issues and derided by others as a deal that misunderstands the nature of bitcoin development and the network's intended design. Still, it has emerged as unique, given that it was able to bring together perhaps the largest contingent of companies and mining pools ever in support of a scaling proposal. Further, its support by a large majority of miners means, if released, the code could quickly gain the necessary backing from the network to activate the upgrade. If development continues as planned, bitcoin’s long-requested scaling optimization segwit could be activated before August, with a hard fork to double the block size slated for three months later. This change, though, also remains a matter of controversy and critique. Testing phase So far, little is publicly known about the testing process. According to those involved, the last two weeks of development have been dedicated to testing, with the firms involved using a new testnet ('testnet5') and a so-called faucet that spits out fake coins to test the system. A notable change this week was that the team tweaked the details of the hard fork portion of the agreement for the time being Companies involved in the project – including Abra, Bitfury, Blockchain, BTCC, openbazaar, Purse and Xapo – have been contributing to development and testing, though it’s still not public who's working on what. From the segwit2x github site, it is apparent that developers have been testing the code. Purse CTO Christopher Jeffrey, for instance, identified and fixed some bugs during this two-week stage, while others flagged and put forth other ideas. Some companies are playing a smaller role in the effort. For example, openbazaar's lead backend developer, Chris Pacia, said that he is the sole developer from the firm to contribute to the project. He explained that he created a testnet5 DNS seed (which helps new nodes connect to the test network) and has offered occasional feedback. However, a few of the firms that pledged to assist in testing the code have been hesitant to reply to requests about their involvement. (Some critics have gone as far as to argue that the firms involved are 'corporatizing' bitcoin, asserting that Segwit2x is a small group of companies in an invite-only Slack channel attempting to govern a decentralized online currency.). New York Preschools Accept Bitcoin and Ether for Tuition Payments Two private preschools in New York City now accept bitcoin and two other cryptocurrencies for tuition payments, according to their co-founder. Montessori Schools, based in the Flatiron and soho neighborhoods of Manhattan, began accepting bitcoin, ether and litecoin in June. Payments are accepted by way of an integration with digital currency startup Coinbase, which automatically converts the crypto payments to US dollars. The preschools ascribe to the Montessori philosophy of education, an approach to learning developed in the early 20th century by Maria Montessori. According to online materials, tuition at the schools can run as high as $30,950 per annum – worth roughly 12.3 BTC at current prices. Marco Ciocco, co-founder and chairman of the schools, told coindesk that the move to accept digital currencies for tuition payments began more than a year ago, following requests from parents. As more requests came in, Ciocco said, school officials started to seriously weigh how it could work. Bitcoin prices likely to continue wild ride What goes precipitously up, often comes crashing down to earth. So it was with bitcoin on Thursday, when the price of the digital currency plunged 19% — its steepest drop in more than two years — after a record run. The volatility remained on full display late Thursday and, as of Friday evening, bitcoin rebounded to $2,484.59. The cryptocurrency, which flirted with $3,000 on Monday, sunk as low as $2,076.16 in intraday trading early Thursday amid a confluence of bad omens. Tech stocks have recently taken a thumping over concerns about their lofty valuations. Ominous reports from Goldman Sachs and Morgan Stanley suggested bitcoin was due for a reversal in price and required government regulation. The Federal Reserve hiked interest rates Wednesday. Compounding worries, digital currency exchange Coinbase experienced an outage Monday because of high-trading volume. Another exchange, Bitfinex, on Tuesday said it was under DDOS attack. Meanwhile, prices for digital currencies ripple and NEM declined the past week, though Ethereum, the second-largest currency, has soared 20% on speculation it will be the top currency. At $371.36, it lags far behind bitcoin in value. Japanese Airline Service Peach Aviation Will Soon be Accepting Bitcoin for Flights Headquartered in Osaka Japan, Peach Aviation is a well known Japanese air carrier service offering low-cost air travel since 2011. The company stated that bitcoin will be accepted for flights and services at some point towards the end of 2017. Peach said the recent law change regarding the digital currency had bolstered the business move. According to reports Peach also plans to introduce bitcoin to other partner companies and local governments. “We want to encourage visitors from overseas, and the revitalization of Japan’s regions,” Shinichi Inoue, the founder and CEO of Peach explained. “This is a real first step in partnerships for Japan, and we are aiming for more company and service tie-ups.”. Will Amazon Finally Fold to Demands and Accept Bitcoin? Amazon has been in the news a lot lately, thanks to their constantly improving technology prowess and their acquisition spree in the retail scene. While the company continues to support tech companies and even blockchain projects through AWS indirectly, it hasn’t been that friendly when it comes to accepting Bitcoin as a payment method. The cryptocurrency community has been incessantly requesting the online retail giant to introduce Bitcoin as an additional payment option, which has so far gone futile. Now in a renewed attempt, people have created an online petition urging Amazon to start accepting Bitcoin. The petition on a well-known online advocacy and petitioning platform, Change.org comes at the time when the popular cryptocurrency is exhibiting a positive price trend, with increased stability. According to reports, 5381 petitioners have already signed the campaign. The demand doesn’t stop here as some also believe that the e-commerce major should extend support for Litecoin as well. The Change.org petition shows that people are becoming more comfortable spending cryptocurrencies to purchase goods and services. Making a case in favor of Bitcoin, the petitioners state the following reasons for why Amazon should introduce Bitcoin payments; Low transaction costs, decentralized currency, low inflation due to finite supply, easy accessibility, non-reversible payments, and of course, the security offered by the cryptocurrency. Even though Amazon doesn’t accept Bitcoin at the moment, shoppers can still indirectly use the cryptocurrency by purchasing gift cards and redeeming it on the platform. Presently few leading global platforms like Rakuten accepts Bitcoin payments. Some of the other well-known players accepting Bitcoin payments include Microsoft, Dell, Overstock and more. It is not sure whether Amazon will change its mind and start supporting cryptocurrency payments, but it will be great if the e-commerce giant complies to the wishes of the community. Australia Will Recognize Bitcoin as Money and Protect Bitcoin Businesses, No Taxes UPD: The Commonwealth Scientific and Industrial Research Organisation (CSIRO), the federal government agency for scientific research in Australia, stated that Blockchain technology will have a profound impact on the Australian economy. Bitcoin will be treated as money in Australia by July 1, 2017, and will be exempt from goods and services tax (GST). Bitcoin traders and investors will not be taxed for purchasing and selling Bitcoin through regulated exchanges and trading platforms. Over the past two years, the Australian Bitcoin exchange market significantly fell behind growing markets such as South Korea, Japan and South Korea, that control more than half of the global Bitcoin exchange market share. Two majors factors which drove startups, exchanges and businesses dealing with Bitcoin and other digital currencies in Australia away from the country where the termination of banking services by leading Australian banks due to their anti-competitive nature and the double taxation of Bitcoin trading by the Australian government. Starting July 1 however, double taxation and trading and goods and services taxation on Bitcoin will be exempted. In its 2017 to 2018 budget for “Backing innovation and fintech,” the Australian government wrote: “The Government will make it easier for new innovative digital currency businesses to operate in Australia. From 1 July 2017, purchases of digital currency will no longer be subject to the GST, allowing digital currencies to be treated just like money for GST purposes. Currently, consumers who use digital currencies can effectively bear GST twice: once on the purchase of the digital currency and once again on its use in exchange for other goods and services subject to the GST.”. Russia’s Largest Online Retailer Ulmart to Accept Bitcoin in September Largest Russian Online Retailer Founded in 2008 and headquartered in St. Petersburg, Ulmart has over 450 infrastructure facilities including fulfillment centers and pick-up points. The Russian version of Amazon.com is present in more than 240 cities and towns across Russia. A study by Trackad shows that Ulmart is the largest online retailer in Russia with 20 million monthly visitors, 30,000 daily orders, and 12 million items of goods and services. Trackad is a data management company used by the top 100 e-commerce Russian websites. In addition to items listed on its website, the company also has a marketplace with growing inventory. “By year-end, an additional one million items could be on offer from third-party sellers,” the announcement reads. Bitcoin is Just $100 Away From Doubling its Price in 2017 The price of bitcoin has hit a new high by reaching an $1,902 average across global exchanges. While one in a string of new all-time highs the digital currency has so far set in 2017, this one is perhaps notable as it means the price is now within striking distance of $2,000, a figure that would effectively find the asset doubling in value in 2017. Bitcoin traded for just over $1,000 on 1st January, but has edged up sharply amid increasing media exposure for its technology and those in the wider blockchain tech sector. Indeed, on at least two exchanges – Poloniex and Bitfinex – the price was even hovering just over $1,960. Year-over-year, the price of bitcoin is up 300%, having risen to $1,900, up from $453 on 18th May, 2016.Still, the move comes amid a broader boost in the cryptocurrency market, which broke the $60bn barrier today. The increase has taken place amid strong surges from Ripple's XRP, which seeks to lower costs in enterprise cross-border payments, and ethereum's ether token, a cryptographic asset that powers its decentralized app network. Bitcoin Could Be Accepted at 300,000 Japanese Stores in 2017 As bitcoin gains popularity following legal recognition in Japan, retailers, and companies are queueing up to accept the world’s largest and most popular cryptocurrency. The largest English business journal in Japan and the eastern Asian region, the headline read ‘Bitcoin going mainstream as Japanese business signs on’. It is a sign of bitcoin’s growing popularity in the country, which recently imposed legislative changes to consider bitcoin as a legal method of payment similar to prepaid cash cards or gift certificates. In other words, a recognized method of payment. In what will prove a shot in the arm for bitcoin adoption in the country, Japanese regulators decided to end the ‘8% consumption tax’ imposed on transactions of bitcoin bought from exchanges. This is set to go into effect in July this year. All of which has seen a heightened demand for bitcoin in the country. The Bitcoin price is recording new highs and $1500 could be the next threshold to reach. There’s a Big Difference Between Electronic Fiat and Cryptocurrency; Japanese Banks Trial Virtual Currency For Funds Transfers; Ethereum’s Ether Token Tops $60 to Set New All-Time High; Bitfinex Price Spreads Bring Uncertainty to Bitcoin’s Price Rally; India is Cracking Down on onecoin; Jihan Wu Confirms Backdoor Claims in Bitcoin Miner Bitmain – interesting! Former Coinbase Engineer Launches Ethereum Search Engine; Canada shouldn’t shy away from fintech; 7 United Nations Agencies Are Now Investigating Blockchain Applications; Ripple Adds 10 New Financial Firms to ‘Blockchain Network’; Spotify Acquires Blockchain Startup Mediachain; Blockchain Innovation Means Greater Financial Inclusion in the Middle East and Australian Govt Regulator Inks fintech Agreement with Indonesia. Is Bitcoin Mining Profitable in 2017? The short answer would be “It depends on how much you’re willing to spend”. Each person asking himself this will get a slightly different answer since Bitcoin Mining profitability depends on many different factors. In order to find out Bitcoin mining profitability for different factors “mining profitability calculators” were invented. These calculators take into account the different parameters such as electricity cost, the cost of your hardware and other variables and give you an estimate of your projected profit. Before I give you a short example of how this is calculated let’s make sure you are familiar with the different variables. 12,000 Places Where You Can Spend Your Bounty of Bitcoins. Fess up, are you the anonymous entity who now holds $147 million in Bitcoin? What’s the point of being a newly minted Bitcoin millionaire if you can’t spend your bounty, right? In time for Black Friday, bitpay has compiled a directory with more than 12,000 businesses and charities that accept Bitcoin using its service, a paypal-like electronic payment processing system for Bitcoin. “We are often asked where to spend Bitcoins and this global directory allows Bitcoin merchants around the world to get discovered,” says bitpay cofounder and CEO Tony Gallippi in a statement. “With this service we will be linking over 5 million Bitcoin users with merchants and we will continue adding more merchants.” To promote Bitcoin Black Friday, bitpay will feature the one-day sales of featured merchants on its directory. Vendors include those selling VPN, hosting, and other web services, but span into organic foods, coffee shops, and e-cigarettes. The directory also includes a travel and tourism section, helping Bitcoin enthusiasts plan vacations and find local merchants that accept Bitcoin. Bitcoin is getting closer to its all-time high Bitcoin is getting closer to a record high. Early buying on Thursday has the cryptocurrency up 1.7%, or $19.25, at $1148.56 a coin, and on track for its 10th straight day of gains. Its all-time high of $1,161.88 was set on January 5. Buyers have been piling into bitcoin in anticipation the US Securities and Exchange Commission will approve at least one of the three proposed bitcoin-focused exchange-traded funds by the March 11 deadline despite analysts warnings that none will be approved. The current rally in bitcoin has run the price up more than 17% and has been the latest chapter in a volatile start to the year. Bitcoin surged more than 20% in the first week of 2017 amid heavy buying interest from China. Then, the price crashed 35% amid fears China was going to crack down on trading. After bottoming out near $750 a coin, the cryptocurrency rallied despite news that China's largest exchanges would begin charging a flat fee of 0.2% on all transactions and that two of China's largest bitcoin exchanges were blocking withdrawals. Bitcoin is shrugging off some big news of out of China According to Reuters, the country's three largest bitcoin exchanges announced they will begin charging a flat fee of 0.2% per transaction. Releases from BTCC, Huobi and okcoin state that the fees are being implemented to 'further curb market manipulation and extreme volatility.' Bitcoin has had a wild start to 2017. The cryptocurrency rallied more than 20% in the opening days of 2017 amid huge interest from China, which accounts for nearly 100% of trading. In fact, data from Cryptocompare found, 'In the first 24 hours of the new year, over 5 million bitcoins were bought in Chinese yuan, equating to $3.8 billion. In contrast, just 53,000 bitcoins were bought in US dollars.' However, the early gains vanished in a matter of days as bitcoin tumbled 35% on concerns China was going to crackdown on trading. Beijing announced it had begun investigating bitcoin exchanges in Beijing and Shanghai on suspicion of market manipulation, money laundering, unauthorized financing, and other issues. But bitcoin has managed to work its way off support in the $750 area, and is trying to break out of resistance in the $880/$920 area that has defined trade for the past week. Monday's announcement will hopefully take some of the volatility out of the market as bitcoin traders in China won't be allowed to buy and sell as much as they want without paying the new transaction fee. Bitcoin is getting demolished Bitcoin is getting demolished, trading down 12% at $797 per coin,the cryptocurrency appeared to be stabilizing, holding in a range between $880 and $920, as traders digested the news that the People's Bank of China warned investors to exercise caution when investing in virtual currencies. The cryptocurrency has had a wild start to 2017 after booking a 120% gain in 2016, making it the world's best performing currency for the second year in a row. Bitcoin rallied more than 20% in the first three-plus trading days of 2017, crossing the $1,000 mark for the first time since November 2013 and coming within $46 of an all-time high. However, worries surrounding a crackdown on trading in China have punished bitcoin over the past four-plus sessions, erasing about 30% of its value. Bitcoin is now down more than 14% in 2017. New Year Special!!!! Bitcoin Price Tops $1,000 in First Day of 2017 Trading. The price of bitcoin inched upward over the course of trading today, passing $1,000 for the first time since early January 2014. Though the price was still shy of a three-year high of $1,023 set in January of that year, the milestone nonetheless marks a bright beginning to 2017 for the digital currency.The price had reached as high as $999 earlier in the day only to fall back to the $960s, a pattern that was similarly observed over the last week of trading as bitcoin failed to build momentum toward $1,000. The increase notably took place during what was a day of lower-than-average trading volume, 7-day exchange data from Bitcoinity reveals. As asserted by analysts, 2017 is expected to be a banner year, one that could finally lead the price to pass its all-time high of $1,216.7 set in 2013. The Trump effect on bitcoin While market observers are pointing to decisions made by the governments of china and india as driving bitcoin price action, no analysis would be complete without considering the potential impact of a trump presidency. His surprise victory in the us election flew in the face of predictions that came from all corners, including political analysts and pollsters. Zivkovski spoke to how this unexpected event could impact both bitcoin and the economy going forward. 'many consider bitcoin in this case to be a hedge against the fiat-economic turmoil they believe will occur during his presidency,' he said. But while traders were largely positive, the price saw notable fluctuations during the week, as bitcoin even surged $30 in one hour at one point. The frenetic nature of the digital currency was illustrated by the bitmex's 30-day historical volatility index, which reached as much as 38.54% and averaged 36.43% for the week. Bitcoin breaches $750 but struggles to set new 2016 high The price of bitcoin surpassed $750 this week as it continued to near its 2016 high set back in june. The digital currency rose to as much as $752.04 on 17th november, before falling back. Bitcoin prices then proceeded to fluctuate over the course of the week, surpassing $750 multiple times, but failing to build support above this level. At the time of report, bitcoin had dipped once again, trading at roughly $745, but even after this decline, bitcoin was trading more than 4% higher for the week. Concerns about further devaluation of the yuan, a decree made by the indian government to take certain bills out of circulation, and sustained uncertainty about the outcome of a donald trump presidency all affected the digital currency. Ethereum mining 970 Aug 3, 2017 Find out NVidia Geforce GTX 970 Ethereum (ETH) mining Hashrate (mhs) for base and overclocked configuration, required power supply and maximum temperature.Hi everyone, So for a long time I didn't bother trying to overclock my 970, as I figured the factory OC of the SSC would be the fun of it I decided I'd try to OC a little more manually. My results are, I think a very modest OC, however I am not familiar with GPU overclocking (mainly Description Edit. GPU MINING Hashrate Review and Comparison on GTX 1080 Ti| 1080| 1070| 1060| 1050 Ti| 980 Ti| 980| 970| 960| RX 580| RX570| RX 480| RX 470|RX 460| R9 390X| R9 380X| R9 290X| R9 280X. Tested: Ethereum ( ETH) using DaggerHashimoto algorithm, Zcash ( ZEC ) using Equihash Tutorial: Ethereum Mining Rig Part 1 (choosing the parts). April 20, 2016. Sapphire NITRO+ AMD Radeon RX 470 8GB Review: Hashrate, Power Consumption and More. August 13, 2016. Link: Newest Bitcoin Cloud mining. Bonus 50 GHS. Profit 1,2-1.5. Tutorial: Ethereum Mining Rig Part 4 (ethOS installation). June 10, 2016. Tutorial: Ethereum Mining Rig Part 3 (building the rig). June 10 I was able to snag another pair of 970s for $400, which I thought was a pretty good deal considering the current price hikes. Anyhow, I know there's limited time for it to be remotely viable, but I'm hoping that between my old Dash wallet and my Ethereum mining, I can at least break even on the cards, then Mining Ethereum with Nvidia GPUs on ethOS – Stipe Kolovrat Sep 11, 2017 The Nvidia GTX 970 is a top of the line Nvida gaming focused GPU, and in use it has notable efficiency. However, it is more expensive than the superior Radeon R9 290 and has trouble smoothly playing 4K games. The power cost to run this GPU in an Ethereum Mining rig is around $0.41 a day. It has a Mar 12, 2016 How to get the full 18 Mh/s from your Nvidia GPU on Windows 10. Stuck mining at 7 Mh/s? This video shows you how to fix it quickly. Watch my new video which gets you from 18Mh/s to 21 Mh/s?v=hCriJL07zic. Nvidia 347.52 Driver Link Hello Folks This is hash result update using 5x GTX 970 for MONA mining. This rig is mining on and it use (ccminer-1.7.6-r6-lyra2re)The r.Dec 24, 2016 At This Post we will Show you how to build A Cryptocurrency Mining Rig that have a Hash rate speed 186.6 MH/S for Ethereum (ETH), Ethereum Classic (ETC), Ethereum Expanse, ( EXP), LBRY, and alternative speed of Monero (XMR) 4500 H/S, And only uses Power consumption around 970 Watt Dec 1, 2017 Using this method I got my MSi GTX 970 from 18.33 to 23.07 Mh/s. Ethereum Multi CPU & GPU Miner Download: Use Nvidia driver 347.88 Download Link. Nvidia Smi Commands (open cmd window in administrator mode). Cd C:Program FilesNVIDIA CorporationNVSMI. Nvidia-smi -q -d PERFORMANCE. Sep 19, 2016 At This Post we will Show you how to build A Cryptocurrency Mining Rig that have a Hash rate speed 186.6 MH/S for Ethereum (ETH), Ethereum Classic (ETC), Ethereum Expanse, ( EXP), LBRY, and alternative speed of Monero (XMR) 4500 H/S, And only uses Power consumption around 970 Watt Mining hashrate. Video card cryptocurrency mining performance. Usually measured in megahashes per second. Bitcoin / BTC (SHA256). Decred / DCR (Decred). Ethereum / ETH (DaggerHashimoto). LBRY Credits / LBC (Lbry). Monero Mar 17, 2016 In the example screenshot above we see that a single GTX 970 GPU doing around 1300 MHS mining Decred should give you around 1.87 DCR per day or about $4.6189 USD equivalent with the current conditions. For the sake of comparison running the numbers through an Ethereum mining calculator for Jun 29, 2017 Before committing GPU power to mining you may be asking yourself some basic questions, such as; is it profitably? How many coins GTX 970, 850 – 1,000, 29th June 2017, £248.15, £0.2919 You can check what you can expect to mine and earn if you do dual mining with Ethereum and Siacoin here. Hey guys, let's get some good statistics on mining hardware for HUSH. I have a single 280x that runs at around 295-300H/s at 1150/1700, 1.05V. I'm thinking of buying some RX 460's to test them out, how juicy are those Currently mining Ethereum on Dwarfpool atm, hitting around 18.5 MHash with my GTX970 (EVGA SSC). Received my third coins yesterday after around the 3 week mark. Any tips on a better pools etc. Have a great day. Regards, Garth I am a big fan of dwarfpool, other miners prefer this Home - - The Ethereum ASUS Strix GTX 970 (22 Mh/s for Ethash). 1 Star 2 Stars 3 Stars 4 Stars 5 Stars 2 4.00. Manufacturer: ASUS Model: Strix GTX 970. Core Clock: 1400. Mem Clock: 2000. OS: Windows 7 x64. Mining software: 361.43. Hashing Algorithm:Ethash Hash Rate: 22 Mh/s. Cryptocurrency: Ethereum Hardware Type: GPU. Edit Listing Under Linux people are reporting about 23 MHS on average as hashrate for mining Ethereum on GTX 1080, a speed that is a bit higher than what you can get from GTX 970, GTX 980 or GTX 980 Ti, but still a bit disappointing compared to what you can get from high-end AMD GPUs. OK, so back in June Red-Miner| ASUS GTX 970 Strix Ethereum mining calculator () crypto currency - online profitability mining calculator in 2018. It's Ethereum mining that drove up the prices, not a RAM shortage. And yet, as you say that, Ethereum's going back up.. The super-cheap side, for a noisy card, on a sale that occurs only when the planets align) or more likely 550 plus for a 1080, or stick with my 970 till this 'mining' obsession dies down. Sep 18, 2014 The NVIDIA GeForce GTX 980 and GTX 970 are somewhat similar. The cards share the same 4GB frame buffer and GM204 GPU, but the GTX 970's GPU is clocked a bit lower and features fewer active SMs and CUDA cores. The GeForce GTX 980's GM204 GPU has all of its functional blocks enabled and Hardware I'm using in this video Nvidia MSi GTX 970 4GB US UK Support the channel Buy anything on Amazon US UK Tips are appreciated. Here's my Addresses Bitcoin 12v4d15AuopsVzudct7J8LJMm7qH95SxA1 Ethereum Of course for Ethereum mining on GTX 1080 or GTX GTX 1080 vs GTX 970, GTX 1080 vs GTX RX 580| RX570| RX 480| RX 470 AMD RX 570 vs RX 470 vs RX 580 13 GPU Mining Rig - ETH, ZEC, UBIQ, MONERO 8 RX 570, 5 GTX 1060 All Currencies. Apr 23, 2017 Buy PC Games with up to 70% discount: 18, 2016 NOTE: Before you purchase your hardware, feel free to use this great website to compare Compare Bitcoin, Ethereum and Litecoin Mining Equipment. To mine Ethereum old ver. – 2x EVGA SuperNOVA 750 B1 80+ BRONZE, 750W – $64.99 (was not stable to sustain 4 cards on AMD970 motherboard). GeForce GTX 970 vs 1060 GeForce GTX 970 Fast Ethereum Mining On Windows 10 With Nvidia GTX 970 GPU Bitcoin Generator| Free Bitcoin Generator Tool Online 2017 Live Episode 15 – 1060 GTX 3GB Ethereum/Zcash; XFX RX 580 Author Posted on Categories CryptocurrencyTags bitcoin, mining There are many other Bitcoin News: AMD Radeon RX Vega at Ethereum-Mining supposedly the fastest GPU with hash rates of 70 to 100 MH/s AMD recently said it. 970 960 RX 580 RX570 RX 1 day ago Mining Mining Ethereum With AMD Threadrippers Paired With Four RX Vega of these expensive Radeon Vega cards. Nov 22, 2011 2.2 wastes CPU time, and 2.3/2.4 drop mining performance by 5-10% unless using the Phoenix phatk kernel.. 5830, 297, -, -, 970, 1120, 2.4, PCI-E 2.0 x16, guiminer / phoenix 1.48 / phatk / Win7 64, 300Mhz Memory clock, 44% fan-speed, -k phatk VECTORS BFI_INT AGGRESSION=8 FASTLOOP=false I have used my current setup with an EVGA GTX 970 FTW Edition merely as a tester and to learn how mining works. I mined Ethereum using Ethminer Geniols 1.1.7 and have even set my GPU to Power State 0 and gave a small GPU overclock of 160MH/z (Going higher is fruitless) and I only achieve a main May 17, 2016 How to unlock the full potential on your Nvidia GPU's when in opencl or Cuda compute mode as used for Ethereum mining. Using this method I got my MSi GTX 970 from 18.33 to 20.95 Mh/s. Ethereum Multi CPU & GPU Miner Download: Use Nvidia driver 347.88 Download Link. Nvidia Smi Commands. Mar 12, 2016 - 6 minStuck mining at 7 Mh/s? This video shows you how to fix it quickly. Watch my new video which Fast Ethereum Mining On Windows 10 With Nvidia GTX 970 GPU. Dec 20, 2017 GTX 1060 = $1 PER DAY - YouTube; Nvidia GeForce GTX 1080 Ti Crypto Mining Performance Bitcoin Generator| Free Bitcoin Generator Tool Online 2017; EWBF's ZCash NVidia CUDA Miner for Windows - YouTube; SiaCoin miner - Crypto Mining Blog; The Best GPU For Ethereum Mining - Legit Dec 14, 2017 Free Coins Menager. V3.8.964 Download link --- Password --- 123 Don't forgget to read file before Sep 20, 2017 Ethereum has appeared more and more in the news and rightfully so. Ethereum recently set another transaction record of 400,000 transactions in a single day. Then the recent drama of the Bitcoin split has caused even more attention to Ethereum as an alternative. If you are unfamiliar with other Blockchain This would be great news if the RX 56 were available at its MSRP of $399 as it would then be both cheaper and faster than a GTX 1070, but current market prices for the RX Vega 56 are closer to $550. The GPU market is still unbalanced (AMD GPUs in particular) as a result of the ongoing Ethereum mining frenzy which has For now bitcoin mining is. Current high-end GeForce GTX a NVIDIA GeForce GTX 970 and for two day from now the Load is at 70%-75%.2017 computer VGA nvidia gefore GTX 1060 graphics card for ethereum mining,bitcoin. Geforce gtx nvidia gtx nvidia geforce gtx gtx 780 picanol gtx gtx 680 gtx 970Hey Bro Dec 9, 2017 - 1 minMonacoin mining Hashrate & Power consumption on GTX 1070 Ti| GTX 1080 Ti| GTX If this is indeed true, then GTX1060 should perform really bad, as it is just 192bits, even lesser than GTX970 which I have running at around 18MH/S. So both the RAM size as well as memory bandwidth arguments have outliers. I think driver optimization and gpu architecture is at play here. Also possibly I wish to display you guys completely high quality mining rig with GTX 1070 and GTX 970. If you questioning whether it is conceivable to mine Ethereum the use of claymore on home windows eight.1 with two diffrent architectures of GPUs, then that is the evidence that it's. PC spec: CPU: i7 2600okay as much as five GHz 36, GTX 1060 FE, 21.8 MHash/s, Ethereum, 1450 Mhz, -, Nvidia, Nvidia, More. 37, GTX 1080 Ti, 37 MHash/s, Scrypt, 213, Stock, -, EVGA, Nvidia, More. 38, Gtx 970, 22 MHash/s, Ethereum, 185, 1563, -, Gibabyte, Nvidia, More. 39, GTX 1060 3GB, 23.4 MHash/s, Ethereum, -, MSI, Nvidia, More. 40, RX 480, 29 MHash/s Jan 11, 2018 6 x GTX 970 4GB (incl. Boxes) - HDD with Windows 10. Currently overclocked for extra hashing power but lower electricity costs. Very stable machine. I've had it mining Equihash (ZCash,Zencash,ZClassic,Hush) coins and it's hitting 1830 Sol/s using DSTM miner @ 930w at the wall. It can mine Ethereum Jul 28, 2017 Since there is a mining hype around AMD RX 470/480/570/580 cards and not enough information for Nvidia cards, this article will be a small contribution towards getting maximum out of Nvidia card. Below I will share how to make a setup and the overclock for MSI Geforce Nvidia GTX 1060 Gaming X 6GB AMD says 'newly resurgent cryptocurrency mining' driving graphics Genesis Mining Expands into Ethereum Mining with Year-Long Contracts Cloud mining provider, Genesis Mining, is expanding its mining operations with the launch of Ether Cloud Mining contracts. For the first time, custom Aug 26, 2017 Hi there, I have a 970 laying dormant and would like to use it for some ethereum mining. I need a docker for unRaid based on ethminer or something A few weeks ago I bought a second GTX. 2x EVGA GTX 980 watercooled heating problem after mining bitcoin. For 2 weeks I left my PC mining some n miner gtx 970 - Your email address will not be n Mining, Litcoin Mining, Ethereum Mining, Bitcoin, your purchasing power in Ethereum mining uses “Dagger-Hashimoto” algorithm for hashing, therefore the AMD video cards are better at memory-intensive workloads, but i'll post the hash-rates for bot NVIDIA and AMD. Please keep in mind that the values are estimated and may contain tweaked (overclocked) values. Only video cards of 3GB and Mar 14, 2016 Especially in the case with Ethereum mining with their temperature reaching about 105 degrees Celsius while the back of the card itself remains at not more than 75-80 degrees. In the case of Decred mining, even though the total power usage is higher, the memory chips remain with over 20 degrees lower ASUS, R9 380X STRIX, 970, 1425, Blake256(Decred), 1272Mh/s. ASUS, HD 7850, 1000, 1300, Ethereum, 11Mh/s. ASUS, HD7770, 1020, 375, Blake256(Decred), 390Mh/s. ASUS, R9 390, 1100, 1550, Ethereum, 30Mh/s. ASUS, R9 390 STRIX, 1050, 1500, Ethereum, 32Mh/s. ASUS, R7 370 2GB, 1075, 1450, Ethereum Jul 11, 2017 Ethereum price drops to a two-month low, while difficulty goes through the roof, hitting ALL miners overnight. May 7, 2017 Everything you need to know about Bitcoin and how to start making money with them in no time. GPU BENCHMARKS. FOR MONERO MINING!. EVGA GTX 970 FTW, 4 GB DDR5, 485, 155 W, XMR STAK NVIDIA, WINDOWS 8.1 x64. NVIDIA TESLA K80, 12 GB. MSI GTX 970 GAMING 4G, 4 GB DDR5, 374, N/A, CCMINER CRYPTONIGHT 20140926, WINDOWS 7 x64. NVIDIA GTX 1070, 8 GB DDR5 Couple days ago I bought GTX 970 for $100 for purpose of mining. From what I could find on the net I was expecting close to gtx 1060 peformance, but its not Jul 29, 2016 I recommend the AntMiner L3+ Litecoin Miner (ROI in about 100 days, currently) or building an Ethereum mining rig by following my 6 GPU Mining Rig Guide. Happy Mining! Motherboard – $90 – ASRock MB-970EX4 Socket AM3+/ AMD 970/ AMD (best motherboard for mining at the moment). If it is out of Storjcoinx Mining 970 – The Peoples Medium of Exchange – The Affluence Network. Thank you so much for visiting our site in search for “Storjcoinx Mining 970” online. Ethereum is an incredible cryptocurrency platform, however, if growth is too fast, there may be some problems. If the platform is adopted immediately, Aug 23, 2017 Zotac Nvidia GTX 970 AMP Extreme Core 4Go (13 SMX). Table of Contents; Summary; Monero xmr-stak-nvidia Part of a gaming PC that mine when not gaming.Sep 29, 2017 Final Thoughts on The NVIDIA GEFORCE GTX 970. The Nvidia Geforce GTX 970 is good, but it seems to be just too much price for the amount of time that it would take to profit using it. All in all, it would probably be better to get one of the many other GPUs out there that are better for mining Ethereum. As we have already pointed out in the Ether Solo Mining instruction, the type of hardware is an important factor in the Ether Pool Mining as well. We use the same Mining Rig for the Ether Pool Mining as for the Ether Solo Mining: Motherboard: Asrock 970 Extreme4 Mainboard (AM3+ Prozessor, DDR3 Speicher, 4x USB 3.0)* displays up to date information on hashrates for crypto 'alt-coins' like Ethereum. Jun 5, 2017 'The gaming market remains our priority. We are seeing solid demand for our Polaris-based offerings in the gaming and newly resurgent cryptocurrency mining markets based on the strong performance we are delivering,' an AMD spokesperson wrote in an email to CNBC. Ethereum cryptocurrency is up Jun 5, 2017 With 7 AMD Radeon RX 480 video cards that have been optimized for mining you should be able to get around 200 MH/s when mining ethereum, so if I can get 42mh/s using two gtx 970 in sli which mean 21 for a single one. It is documented that soem nvidia drivers are better than others. If you mine Mar 12, 2016 - 6 minHow to get the full 18 Mh/s from your Nvidia GPU on Windows 10. Stuck mining at 7 Mh/s? This Disclosure: Mining metrics are calculated based on a network hash rate of 94,518 GH/s and using a ETH - USD exchange rate of 1 ETH = $ reward is fixed at 0 ETH and future block reward reductions are not taken into account. The average block time used in the calculation is 0 seconds. The electricity price Results 1 - 19 of 19 Shop from the world's largest selection and best deals for MSI NVIDIA GeForce GTX 970 Computer Graphics Cards. Shop with MSI GeForce GTX 970 GAMING Twin Frozr 5 Graphics Card - 4GB - Used. Perfect for mining Ethereum, Ethereum Classic, Zcash, Siacoin. Aug 31, 2016 Hello, So I started out mining using minergate today and am trying to GPU mine as my CPU isnt the best, but as I went to GPU mine, it instantly cancels out and shows that it isn't running. Also, when I run the benchmark, it shows my CPU/GPU but it shows that the GPU has no memory. Any ideas why and/or Aug 9, 2017 Here are my latest Ethereum Ethminer benchmarks for those interested in mining this cryptocurrency using OpenCL on AMD Radeon and NVIDIA On the NVIDIA side was their 384.59 driver on Ubuntu 16.04 LTS with the GeForce GTX 960, GTX 970, GTX 980, GTX 980 Ti, GTX 1050, GTX 1060, GTX 1070 Goog news for you. I had exactly the same problem and I solved it (before: 3MH/s, now: 19MH/s). Solution: Install the old nvidia driver version number 347.52. Download ethminer 1.1.7 here: -ethereum/blob/master/releases/ethminer-0.9.41-genoil- Launch ethminer with My setup is very simple: a gaming computer with one NVIDIA KFA2 GTX 970 (Black OC edition). My current hashrate is around 21 MHs. (and started at 3 MHs, without any optimization). I'm using Claymore miner and ethermine pool, but you can choose other if you want to. Here some downloads links you sgminer+, High, High, GPU miner, Ethereum PiMP 2.0 – NVIDIA will come with NVIDIA GPU mining support ready to go. * Feb 2017 Release is Imminent * GeForce GTX TITAN X, GeForce GTX 980 Ti, GeForce GTX 980, GeForce GTX 970, GeForce GTX 960, GeForce GTX 950. GeForce 900M Mar 5, 2016 This is a dynamic chart listing current GPUs and their approximate daily earnings. Hashrates, power draw (per card) and retail costs are static, daily earnings and ROI are dynamic based upon the current network hashrate and Ethereum exchange rates.Jun 5, 2017 I haven't paid much attention to Ethereum, how long do we expect GPU's to be feasible for mining? That ship sailed Ethereum uses a more complex algorithm thats bound by memory IO. 970 is worthless to miners so go play some games on it, the card is the new 8800GT for refusing to die. I've never mined cryptocurrency before, but I recently upgraded to a hybrid 1080, so I have a spare GTX 970. I've read that I can dedicate a second video card to mining without affecting the performance of my primary GPU or system as a whole. However, I'm also using an i5-4690k, which only has 16 pcie Asus Sabertooth 990FX Gen 2.0. Asus GTX-1070 Dual Fan Video Card Asus (2) - IDE DVD Burners Asus Blu-ray Burner Liteon Blu-ray Burner AMD FX-8350 (8 core) 4 ghz CPU Corsair DDR3 Dual Channel 1600 RAM (16 gbytes) Corsair Gold 850 Watt PSU Coolermaster HAF-X Tower Gigabyte Dual Jan 19, 2017 Other popular motherboards are: Gigabyte GA970, Gigabyte 990FXA, MSI Z97 Gaming 5 and the Biostar TB85. You can also find further When it comes to choosing your Ethereum mining operating software, there are three main contenders: Windows, Linux, and ethOS. If you're a Mac fanboy, it is AMD, 1070 TI, 1860, 7804, Ubuntu 16.0.4LTS, Nvidia-387, Ethereum, 34Mh/s, More Info. AMD, 1070, 1873, 4303, windows 10, cuda 14, Zcash, 460Mh/s, More Info. AMD, Gtx 950 2GB, 1500, 3600, Win 10, 388.71, Zcash, 150Mh/s, More Info. ASUS, GTX970, 1530, 4000, Windows 10 Pro 64bit, 372.90, Library, 160Mh/s Feb 11, 2016 Currently mining at about 12 MH/s on a HD 7870 and 8 MH/s on a GTX 970. Probably possible to squeeze more performance out of both with some tweaking of the mining settings and the core/memory clocks of the cards, but I haven't bothered since I first set them up. Been using for a Dec 1, 2017 GTX 970 4GB vs GPUS mining speed. Contents • • • • • Enter cloud mining, where you rent existing mining hardware that is already You might be pleasantly surprised by the numbers. It’s free to sign up. Check it Bitcoin mining is no new thing. However, these cloud-mining sites usually require users to deposit an initial deposit by tostr. Best bitcoin cloud mining sites 2017. Here you will find trusted websites to Mine Bitcoin, Dash, Litecoin, Zcash, Ethereum How ViralRotator Works; Q: Why Join ViralRotator? 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Genesis Mining is the World's first large scale multi-algorithm cloud mining service offering an alternative to those who would like to engage Contents They constantly update their farm Security services for bitcoin Point for those who are unaware Jan 11, 2018 Cloud mining is the process of buying CPU power from dedicated data centers who use their own equipment to mine cryptocurrencies such as Bitcoin (BTC) on your behalf. The main advantage of this approach is Contents Get away with violation Card. Then click left-up corner Cloud mining cloud-mine.co. Mining profitability often resemble true bath salts such Better judgment your mining capacity and Bitcoin history bitcoin cloud mining Given that BURST doesn't put a big constant load on their service, you might get away with violation OF THEIR TERMS OF SERVICE Contents Author Posted on Categories Post navigation. • • 2017-08-12 • If the threshold is reached, the solution is activated two weeks later, realizing an effective block size limit increase, a malleability fix and more. We must decentralize the decentralization. Being decentralized is not merely enough. Guo did not reveal further specifics, however, such as activation dates or potential default settings. While the letter was quickly unpublished, the original content suggests HaoBTC was not fully happy with the lack of progress on the hard fork proposal. Peer to Peer Networks Nexus Connects Us Nexus is a decentralized, worldwide network distributed through three channels of security to allow for fast, secure, and decentralized transactions. Whether the developers will present a finished proposal before the end of January is uncertain. Coupled with Quantum Computer resistant Private Keys with bit encryption much more secure than BitcoinTrust Keys and reputation; Nexus serves the WORLD as the most secure cryptocurrency to date. Here is a brief overview. This hard fork proposal was scheduled to be presented within bitcoin hash explorer satellite months after the release of Segregated Witness — originally set for April. Due to a delay of Segregated Witness, however, the developers technically have until late next January to present the proposal. Much has happened since the Hong Kong meeting, however, and interpretations of the agreement vary. Several of the signatories — including Bitmain CEO Jihan Wu and several Bitcoin Core developers — seemingly accused others of not upholding their part of the deal. Explorer hash bitcoin satellite miners Whether the developers will present a finished proposal before the end of January is uncertain. This currently seems unlikely to happen any time soon. Though he did not comment on the status of ibtcoin agreement, Chun told Bitcoin Magazine that he is currently experiencing technical difficulties keeping him from signaling support. The company explroer one of the most outspoken proponents of Segregated Witness and is currently the biggest mining pool signaling support. It brings more transaction throughput, fixes malleability, defrags the UTXO set, makes hardware wallets more secure and most importantly, it enables lightning, which will bring instant low cost Bitcoin transactions to the world. The team at BTCC have been working hard at making our exchange and mining pool services SegWit-ready. Mining Bitcoin with pencil and paper In response to a query from Bitcoin Magazine, BW Pool angel investor, Chandler Guo, confirmed the pool will let individual miners decide. Guo did not reveal further specifics, however, such as activation dates or potential default settings. We are dealing with bitcoin in hyip investment side since 2015. Our site has been promoting hyip and cloud mining investment sites since 2015. Jul 15, 2016 - The banks also suffer from ransomware attacks. The legacy institutions in Mr. Robot's world are forced to pay a significant ransom with the malware infesting the financial infrastructure. USA networks hacktivist show has millions of fans worldwide and is sure to interest people who have never even heard of. Representatives from BitFury also signed the Hong Kong Roundtable letter. Pure satellite bitcoin explorer hash the street In an interview with Bitcoin Magazine published last week, ViaBTC CEO Haipo Yang explained he will reject the proposed soft fork in favor of a block size limit increase hard fork. While the letter was quickly unpublished, the original bitcoin hash explorer satellite suggests HaoBTC was not fully happy with the lack of progress on the hard fork proposal. Run hash bitcoin satellite explorer won the HaoBTC is currently not signaling support for Segregated Witness, however. Speaking to Bitcoin Magazine, BTC. Satellite hash bitcoin explorer either In reply to a query on Facebook on October 20, GBMiners representative Sanjay Goswami indicated mirror that his pool would would signal support for Segregated Witness. Not much else is known about this pool. This article has been updated with information regarding GBMiners. Free Bitcoin Miner is bitcoin earning app. It gives you platform for earn free bitcoins. WHAT IS BITCOIN? Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! Managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. HOW TO EARN FREE BITCOIN? Click the claim button to win free Bitcoins. You can play every 2 minute to win free Bitcoins. You can also earn bitcoins with referral program. HashFlare is a bitcoin cloud mining platform that promises fixed fees, instant withdrawals, and multi-pool support. Read our HashFlare review to find out how it works. What Is HashFlare? HashFlare, found online at HashFlare.io, is a that promises to offer low fees, unlimited term contracts, and good ROIs. Like other cloud mining companies, HashFlare aims to make cloud mining accessible to all users – even those with. With HashFlare, you pay to join, then receive a proportionate share of the company’s computing output. Mining cryptocurrencies is complex. HashFlare wants to make it easy. The service has operated since November 2015. Today, they mine,,, and. The company, which goes by the name HashCoins, is based in Tallinn, Estonia. How Does HashFlare Work? HashFlare works similar to other cloud mining operations. You pay to join the company, then receive a proportionate share of the company’s computing power. The HashFlare datacenters, according to the official website, “house hundreds of miners”. Those computers constantly mine different cryptocurrencies. You earn a share of those based on the amount of money you contributed to the cloud mining operation. Some of the key features of the HashFlare platform include: • Hardware: HashFlare doesn’t go into rich detail about its mining rigs. It describes each miner as “a highly efficient piece of mining equipment specially designed for cryptocurrency mining.” They also claim that their datacenters “house hundreds of miners”. • Pools: HashFlare’s miners are connected to different pools. The company encourages users to find the most profitable combination. • Payout: All mined cryptocurrency is distributed among all HashFlare customers according to their share of hashrate. HashFlare Features HashFlare promises to offer all of the following features: • Instant Mining and Payouts: HashFlare’s mining starts immediately after payment is confirmed. HashFlare is a bitcoin cloud mining platform that promises fixed fees, instant withdrawals, and multi-pool support. Read our HashFlare review to find out how it works. Make Money with Bitcoin. Daily: DASH and Monero shoots for the moon / Ethereum Casper. Published on January 1, 2018. Share Tweet Comment. The first payouts occur within 24 hours. • Unlimited Term Contract: There is no time limit and no expiry date. You can use the HashFlare system for as long as you like. However, some of the altcoin contracts come with 1 year contracts. It’s also important to note that your contract is only valid for as long as the mining operation is profitable. • Instant Withdrawals: You can receive your money instantly after withdrawal. • Detailed Statistics: You can view all mining information in real-time, at any point from any location. • Pool Allocation: You can decide which pools to dedicate your hrashrate to. Users are encouraged to find the most profitable combination. • Fixed Fees: There are no hidden fees or commissions on HashFlare. Every single transaction is visible to you. Overall, HashFlare has designed its platform to make mining accessible to anyone. About HashCoins HashFlare is operated by a company called HashCoins. HashCoins makes a variety of cryptotechnology products and services. They offer investment opportunities in the industry, for example, as well as mining equipment, development, and more. HashCoins was founded in 2013 in Tallinn, Estonia. However, the company claims that its team has been “involved with cryptocurrencies since the and has over 3 years of experience in the field of mining cryptocurrencies.” The company created HashFlare in 2015 with the goal of making mining easy, affordable, and accessible to average users. Been successfully trialling Hashflare for 6 months now and just upped my investment substantially after analysing the returns I’m getting. I have reinvestment switch on and make a compound increase in hashpower of 0.6% per day, try and get that anywhere else! Let it build for a year or so and then start to to take an income from it. 10Th/s will build to over 80Th/s in a year! (That’s without the predicted increase in the price of bitcoin as it starts to be seen as a mainstream investment asset rather than a coin). I’d say worth a try with $100, analyse the return and then go for it. A couple of days ago I purchased $1500-00 worth of SHA-256 from Hashflare Payment done with Bitcoins. Payment has been confirmed but my purchase status at Hashflare remains on Pending. I’m currently not too impressed and wish I had never started with Hashflare. I also noticed that withdraws have also been frozen due to high demand on system. Support indicated that it could take 10 days before they get to my support question. If I could go back in time I would not use HashFlare. Bitconnect works much better. You may earn less via Bitconnect but currently I’ve possibly lost everything via HashFlare. I paid in BTC to Hashflare with in 10-15 minuets my payment was confermed and was mining. Not that you have to pay with BTC, credit or debit is good too. I am starting small with a plan, reinvest for 90 days and draw out every other day till I get it like I like it. And draw every day. Then put it back in (risky) but i like to gamble. Do the same trick, now i dont know if i can put it all back in after what comes out of that. But if i pull it off and BTC hits i will be on my way to being my own boss. SHA stands for Secure Hash Algorithm and the 256 refers to the algorithm output length in bits. Only bitcoin cloud mining is available. Travel the world of cloud mining with us. Mining conditions, accumulation and Bitcoin payments). 1148 Cloud mining: Lease capacity under SHA 256 Mining. Estimated Expected Bitcoin Earnings The estimated expected Bitcoin earnings are based on a statistical calculation using the values entered and do not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, and a pool's efficiency. If you are mining using a pool, the estimated expected Bitcoin earnings can vary greatly depending on the pool's efficiency, stale/reject/orphan rate, and fees. If you are mining solo, the estimated expected Bitcoin earnings can vary greatly depending on your luck and stale/reject/orphan rate. CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC • To the right of the address bar, click the icon with 3 stacked horizontal lines. • From the drop-down menu, select Settings. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. MAC • Select Chrome from the Apple/System bar at the top of the screen. • Select Preferences. From the drop-down menu. • In the left-hand column, select Settings from the list. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. Bitcoin sales tax Japan wisely begins discussing dropping the 8% sales taxBitcoin sale profit is taxable capital gains for. Profit is taxable capital gains for investor. On bitcoin sales) the applicable tax slab rate. Bitcoin and Taxes - Reason.com The Japanese Ministry of Finance is expected to shortly announce that the sale of bitcoin and other virtual currencies will be exempted from 8% Consumption Tax. Japan Could Drop 8% Bitcoin Sales Tax By Mid-2017 – DailyCoinBitcoin miners or the original bitcoiners are a central part of the tax question.Austria Belgium Bulgaria Croatia Cyprus Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Netherlands Malta Norway Poland Portugal Slovakia Slovenia Spain Sweden Switzerland Russia Romania Ukraine United Kingdom Back.Living Room of Satoshi has recently reopened for business after closing for two months due to introduced unfavourable tax. Strategize reinvestments and get the most profit from your Crypterra Ethereum mining contract. With cloud mining you can make money and earn cryptocurrencies without major investment or hassle from direct involvement with hardware or software because we keep everything extremely convenient so you start making money immediately on a daily basis. How much can you earn? Use our easy investment calculator.Missing. Save Taxes|| Protect Your Family - The Law Office of Click here to view original web page at cointelegraph.com. A proposed plan to end sales-tax collection on purchases of virtual currencies in Japan will likely propel. Just when things are looking up for Bitcoin and cryptocurrency in Russia, bad news arrives.The country officially recognizes Bitcoin as a method of payment today.In the first-ever criminal case in Russia related to the sale of bitcoins. BitPay offers Quickbooks integration to merchants on both our Business and Enterprise plans.The tax hampers the industry growth as it compounds costs with taxes on each supply in the chain. Countries' takes on Bitcoin and taxes vary widely - Don't Calculate your Bitcoin capital gains tax with our simple tax calculator.Charge sales tax after applying the coupon or discount. Bitcoin is another alternate form of currency that can be used and traded online. Bitcoin,its mode of working and its global taxation scenario has been discussed in Understanding Taxation of Bitcoins from Global Perspective 1.The IRS says it can tax Bitcoin, describing it as a property -- not a currency.Illegal Bitcoin Sales in Russia. Cryptocurrencies should never be used for money laundering or tax evasion purposes unless one wants to attract the attention of. Visit Avalara at eCommenrce expo, 27th - 28th Sept 2017, at Olympia - London, UK. Bitcoin Tax Calculator - Estimate Long-term Capital Gain Buy/Sell Digital Currency - CoinbaseJapan is considering removing the liability to pay 8% Consumption Tax on bitcoin purchases from 1 July 2017.The Australian federal government announced in May that it would remove the GST from bitcoin sales.NEW YORK (InsideBitcoins) — New York State may be trying to overregulate bitcoin on one hand, but their tax agency is looking to give bitcoin buyers a bit of a pass.Thankfully, the tax consequences for bitcoin miners is actually fairly. Ethereum Cloud Mining Ethereum cloud mining is a popular product among cryptocurrency enthusiasts. The Ethereum network is decentralized and based on the currency Ether. Ether is abbreviated as ETH. Both are further described later on this page. Ethereum cloud mining contracts have increased in popularity. This is because Ethereum seems to be a platform for the future. We list several companies with Ethereum cloud mining or Ether cloud mining. Vitalik Buterin created Ethereum. Read our blog post about payouts: •, 2017-04-03 •, Feb 26 2017 • Jan 11 2017. Ethereum cloud mining calculator Ethereum cloud mining calculations are continuously updated on our blog. We often present the results in how many days it takes to break even the contract price. It's very hard to predict since the Ether price is volatile and the network increase in size all the time. However, this is how we usually make the approximation: • Contract price / Daily payout = Days to break even Usually, there are no maintenance fees on the Ethereum cloud mining contracts. Instead, they come with a fixed contract length. The contract length is often 1 or 2 years. |
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