The 10 Best Bitcoin Mining Hardware Machines 2020 ...

Bitcoin Green

Bitcoin Green: The Sustainable, Proof-of-Stake Bitcoin
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The All-in-One, Cheap, Energy-efficient Package to Store and Mint Peercoin

Dedicated OS for low-grade and energy efficient HW like RaspberryPi or Beaglebone Black to run Peercoin minter so that decentralization is guaranteed
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Crypto mining is another path to earning bitcoin online. But whats crypto mining? Miners are the back-bone of the blockchain. Using specialized hardware

Crypto mining is another path to earning bitcoin online. But whats crypto mining? Miners are the back-bone of the blockchain. Using specialized hardware submitted by fortnite4technics to u/fortnite4technics [link] [comments]

The specialized hardware that will make Bitcoin Cash transactions even faster!

The specialized hardware that will make Bitcoin Cash transactions even faster! submitted by Egon_1 to btc [link] [comments]

The specialized hardware that will make BCH transactions even faster! by Bitcoin.com - Official Channel

The specialized hardware that will make BCH transactions even faster! by Bitcoin.com - Official Channel submitted by cashman04 to FindBacklink [link] [comments]

On decentralization: Bitcoin specialized laptops or mining hardware might not be as good as you think they are (they can be sending your crypto balance information to big companies)

submitted by LosDodgersDodgers to Crypto_General [link] [comments]

What is Blockchain mining?

With millions of transactions taking place every day with currencies such as Bitcoins, specialized hardware is required to verify transactions. Upon verification, the miner (hardware owner) is rewarded for their work with Bitcoins and/or other cryptocurrencies. This is where the expertise of Block Labs ® assists clients in maximizing revenue and diversifying their portfolio to include more valuable currencies.
submitted by blocklabsdubai to u/blocklabsdubai [link] [comments]

Very First Discussion of Bitcoin by Satoshi: BTC can Scale with specialists with server farms of specialized hardware.

In 2008 Nov, this is very first Satoshi's response after he published the white paper, answering the critic that Bitcoin network can't scale which also the first response to his white paer.... The scaling debate started in the inception of Bitcoin.
Re: Bitcoin P2P e-cash paper
Satoshi Nakamoto Sun, 02 Nov 2008 17:56:27 -0800
Satoshi Nakamoto wrote:
I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party.
The paper is available at: http://www.bitcoin.org/bitcoin.pdf
We very, very much need such a system, but the way I understand your proposal, it does not seem to scale to the required size.
For transferable proof of work tokens to have value, they must have monetary value. To have monetary value, they must be transferred within a very large network - for example a file trading network akin to bittorrent.
To detect and reject a double spending event in a timely manner, one must have most past transactions of the coins in the transaction, which, naively implemented, requires each peer to have most past transactions, or most past transactions that occurred recently. If hundreds of millions of people are doing transactions, that is a lot of bandwidth - each must know all, or a substantial part thereof.
Long before the network gets anywhere near as large as that, it would be safe for users to use Simplified Payment Verification (section 8) to check for double spending, which only requires having the chain of block headers, or about 12KB per day. Only people trying to create new coins would need to run network nodes. At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware. A server farm would only need to have one node on the network and the rest of the LAN connects with that one node.
The bandwidth might not be as prohibitive as you think. A typical transaction would be about 400 bytes (ECC is nicely compact). Each transaction has to be broadcast twice, so lets say 1KB per transaction. Visa processed 37 billion transactions in FY2008, or an average of 100 million transactions per day. That many transactions would take 100GB of bandwidth, or the size of 12 DVD or 2 HD quality movies, or about $18 worth of bandwidth at current prices.
If the network were to get that big, it would take several years, and by then, sending 2 HD movies over the Internet would probably not seem like a big deal.
Satoshi Nakamoto https://www.mail-archive.com/[email protected]/msg09964.html
submitted by KingofKens to btc [link] [comments]

Satoshi lays out vision for Bitcoin at odds with claims that we need a 1 MB limit so everyone can run a full node: "At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware."

submitted by aminok to Bitcoin [link] [comments]

Intel is creating specialized hardware for Bitcoin mining

Intel is creating specialized hardware for Bitcoin mining submitted by samair8 to bitcoin_uncensored [link] [comments]

"...Intel is interested in creating specialized hardware for Bitcoin mining...Intel’s new hardware would...make Bitcoin...more profitable...Bitcoin mining is currently dominated by...a...company headquartered in Beijing...Intel has previously shown an interest in cryptocurrency"

submitted by intlnews to bitcoinprob [link] [comments]

Intel is creating specialized hardware for Bitcoin mining

Intel is creating specialized hardware for Bitcoin mining submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

@WSJ: Bitcoin mining can be expensive and cumbersome, requiring specialized hardware and massive amounts of power https://t.co/Wmf5bbAc0c

@WSJ: Bitcoin mining can be expensive and cumbersome, requiring specialized hardware and massive amounts of power https://t.co/Wmf5bbAc0c submitted by -en- to newsbotbot [link] [comments]

I understand AMD GPUs are best for mining ether, is there more specialized hardware coming like the antminer for bitcoin?

Some technical knowledge must be required to understand why AMD GPUs are better than nvidia GPUs and why fpgas like antminer don't outperform both. What I'm really interested in is what the future holds for ether mining. Will AMDs coming GPUs be the new gold standard in ether mining? What's new, what's next?
submitted by thinkdifferentmyco to ethereum [link] [comments]

With the exception of the specialized hardware, employee training, commission to cash out into real money, and lost sales, Bitcoin literally costs nothing to accept.

With the exception of the specialized hardware, employee training, commission to cash out into real money, and lost sales, Bitcoin literally costs nothing to accept. submitted by theirmoss to Buttcoin [link] [comments]

Very First Discussion of Bitcoin by Satoshi: BTC can Scale with specialists with server farms of specialized hardware. /r/btc

Very First Discussion of Bitcoin by Satoshi: BTC can Scale with specialists with server farms of specialized hardware. /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
2FA
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
DYOR:
Means do your own research.
Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
Faucet:
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
FOMO:
Fear of missing out.
Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints.
FUD:
Fear, Uncertainty and Doubt regarding the crypto market.
Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum.
Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
KYC:
Know your customer(alternatively consumer).
Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Node:
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
OTC:
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
PROOF OF WORK (POW) :
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
Protocol:
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
ROI:
Return on investment.
Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”


Sats/Satoshi:
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain.
Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Shitcoin:
Coin with little potential or future prospects.
Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
Solidity:
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
Surge:
When a crypto currency appreciates or goes up in price.
Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing.
Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.
Whitepaper:

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
-u/flacciduck
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

A Quick start guide to get you started earning Bitcoins in less than 5 minutes with no money investment or special mining hardware required.Written by myself.

A Quick start guide to get you started earning Bitcoins in less than 5 minutes with no money investment or special mining hardware required.Written by myself. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Can we just talk about how crazy the network hashrate is currently ?

We regularly go above 150Ehashs/s now....
I think too many people don't realise that proof of work applied to transaction confirmation/decentralized timestamping is a such powerful idea, even after the halving the hashrate still increases to reach levels never touched before thanks to technical progress in specialized hardware in which miners throw energy they won't use otherwise.
The bitcoin token is the best money to buy this hashrate through transaction fees so that you can write what you want in the Bitcoin ledger that is the most legit document the humanity ever created thanks to proof of work (just by reading the blockchain content, you know it is legit document). The price of Bitcoin and the transaction fee market reflect how much people need a legit and unforgeable ledger to settle their contracts.
Altcoiner's fud of death spiral because of halving was a complete lack of understanding. Nothing can replace what proof of work and Bitcoin are doing: incentivize the creation of specialized hardware to create the most legit ledger ever made of history.
submitted by Pantamis to Bitcoin [link] [comments]

Grand Opening ! of CRYPTOPICK CANADA , New Bitcoin start up Specializing in Retail Point Of Sale Hardware, Show some love

After months of careful preparation, I am proud to announce the opening of:
CRYPTOPICK CANADA Based in Vancouver BC, Canada. WWW.CRYPTOPICKCANADA.CA
For the last few years our small group of friends have been tinkering with Bitcoin and mining from the days of video cards to modern ASIC's. Last year we began seeking out local Vancouver, BC businesses and requesting Bitcoin acceptance in person. Results have been good, but we recieved alot of feedback regarding making Bitcoin acceptance easier. It is with this thought that we decided to make an "all in one kit" for retail businesses. Our kit is simple and includes everything nessesary for a merchant to begin accepting Bitcoin in minutes.
As always , it is our mission to spread the word of Bitcoin at the lowest cost to the adaptor. Our kits have low profit margins and are designed to be a supporting tool for current Bitcoin based orginizations and new merchants alike.
For the last two weeks a local business has been running the unit and it is working flawlessly.
Our Current Batch 1 Kit includes the following: 1- DUEL CORE 7" ANDROID TABLET WITH BLOCKCHAIN MERCHANT PRE-INSTALLED (We can install any required software as there are many choices out there for merchant freeware or direct wallet software) 1-USB MICRO ADAPTER 1-USB PC CONNECT CABLE 1-NORTH AMERICAN 12V POWER CORD 1-BITCOIN TILL STICKER 1-"BITCOIN ACCEPTED HERE" STORE STICKER 1-BITCOIN ROUND STICKER FOR ADDITIONAL STORE MARKETING 1-INSTRUCTION BOOKLET 1-SET OF BITCOIN INFORMATION 1-SET OF INSTALLATION INSTRUCTIONS 1- USB STICK WITH MULTIBIT WALLET FILE READY FOR INSTALL 3-CRYPTOPICK HANDOUT CARDS TO HELP SPREAD DEVICE ADOPTION TO SURROUNDING BUSINESSES This kit is only $175 CAD! with free expedited shipping in Canada ($+25 CAD for USA).
Bitcoin is, of course, accepted and you will receive an immediate 10% discount off the total price! Shipping within 24 hours!
We believe this package is very competitive and will provide a low cost way for new merchants to accept Bitcoin. If you are currently a Bitcoin based business or enthusiast, this kit is a great way to start accepting Bitcoin immediately. We ask the Bitcoin community to please show us your support as this is our way of helping us help you! Tell a friend, send the link to local companies, or bump us on this post! We are open to partnerships and ideas and can be contacted on: (as "cryptopick" "cryptopickcanada") -Reddit -Bitcoin Foundation (Canada Forum) -Bitcointalk -http://www.cryptopickcanada.ca/ We thank you in advance for your support.
Trevor Laird Owner Cryptopick Canada
submitted by cryptopickcanada to Bitcoin [link] [comments]

Is it worth investing 2K+ on special hardware to mine bitcoins?

I herd some users get .25 Bitcoins a day. Is it easy to then sell your bitcoins in the open market for USD's? What kind of ROI do people experience?
submitted by luisg707 to Bitcoin [link] [comments]

Mining Ethereum in 2020. It's a good time.

There are two main theories about how ETH will develop further. One suggests that ETH is completely dependent on Bitcoin, it rises and falls along with it at the same time. The second theory argues that Ethereum may soon lose its altcoin status and become an independent cryptocurrency - according to researchers at the San Francisco Open Exchange (SFOX), for example.
Since the beginning of the year, ETH has risen in price by more than 34%, and this trend continues. Some experts expect the coin to rise to $400- $500 by the end of 2020, the most positive optimists expect it to reach $2,000 in the next year. And all because of the DeFi’s boom and the massive tokenization process, which became possible thanks to the Ethereum technology.
Foolproof Mining
Today, to start mining Ether, you do not need to undergo special training or be super tech-savvy. Forums have useful information for beginners. Mining equipment manufacturers are investing more and more money in creating the most productive and easy-to-use and energy-efficient hardware possible.
According to Technavio's calculations, the volume of the world market for mining equipment in 2019-2023 will grow by $2.7 billion. Users usually benefit from such a race, because when the opportunity to “show off technologies” ends, vendors begin to reduce prices for their solutions and offer special conditions.
As for software, it is better to mine on a specialized one and avoid unnecessary problems. For example, ethOS or CoinFly's COS copes well with high loads, manages mining processes of any scale and on any equipment through a single interface, automates routine and controls income and expenses.
Profit in Mining Pool
Great thing about mining in 2020 is that you can choose a convenient profitable pool that will regularly fill your virtual pockets with Ether and sleep peacefully, read about what to look for when choosing a pool here. The main thing is to understand which one brings more money. Take a look at the CoinFly pool, which according to independent tests’ giving well profit…
Hedge risks
Whenever you’re afraid of losing income due to price fluctuations, buy Put Options (on Binance, for example) oand short ETH futures.
Thank You!
submitted by OklahomaItaly to CryptoCurrency [link] [comments]

Grand Opening ! of CRYPTOPICK CANADA , New Bitcoin start up Specializing in Retail Point Of Sale Hardware, Show some love

After months of careful preparation, I am proud to announce the opening of:
CRYPTOPICK CANADA Based in Vancouver BC, Canada.
WWW.CRYPTOPICKCANADA.CA
For the last few years our small group of friends have been tinkering with Bitcoin and mining from the days of video cards to modern ASIC's. Last year we began seeking out local Vancouver, BC businesses and requesting Bitcoin acceptance in person. Results have been good, but we recieved alot of feedback regarding making Bitcoin acceptance easier. It is with this thought that we decided to make an "all in one kit" for retail businesses. Our kit is simple and includes everything nessesary for a merchant to begin accepting Bitcoin in minutes. As always , it is our mission to spread the word of Bitcoin at the lowest cost to the adaptor. Our kits have low profit margins and are designed to be a supporting tool for current Bitcoin based orginizations and new merchants alike.
For the last two weeks a local business has been running the unit and it is working flawlessly.
Our Current Batch 1 Kit includes the following: 1- DUEL CORE 7" ANDROID TABLET WITH BLOCKCHAIN MERCHANT PRE-INSTALLED (We can install any required software as there are many choices out there for merchant freeware or direct wallet software) 1-USB MICRO ADAPTER 1-USB PC CONNECT CABLE 1-NORTH AMERICAN 12V POWER CORD 1-BITCOIN TILL STICKER 1-"BITCOIN ACCEPTED HERE" STORE STICKER 1-BITCOIN ROUND STICKER FOR ADDITIONAL STORE MARKETING 1-INSTRUCTION BOOKLET 1-SET OF BITCOIN INFORMATION 1-SET OF INSTALLATION INSTRUCTIONS 1- USB STICK WITH MULTIBIT WALLET FILE READY FOR INSTALL 3-CRYPTOPICK HANDOUT CARDS TO HELP SPREAD DEVICE ADOPTION TO SURROUNDING BUSINESSES
This kit is only $175 CAD! with free expedited shipping in Canada ($+25 CAD for USA).
Bitcoin is, of course, accepted and you will receive an immediate 10% discount off the total price! Shipping within 24 hours!
We believe this package is very competitive and will provide a low cost way for new merchants to accept Bitcoin. If you are currently a Bitcoin based business or enthusiast, this kit is a great way to start accepting Bitcoin immediately. We ask the Bitcoin community to please show us your support as this is our way of helping us help you! Tell a friend, send the link to local companies, or bump us on this post! We are open to partnerships and ideas and can be contacted on: (as "cryptopick" "cryptopickcanada") -Reddit -Bitcoin Foundation (Canada Forum) -Bitcointalk -http://www.cryptopickcanada.ca/
We thank you in advance for your support. Trevor Laird Owner Cryptopick Canada
submitted by cryptopickcanada to BitcoinCA [link] [comments]

UFOMiners has a special offer for Bitcoin and Litecoin Mining hardware

UFOMiners has a special offer for Bitcoin and Litecoin Mining hardware submitted by BitConnect_Vindee to Bitcoin [link] [comments]

Bitcoin.com - Official Channel - YouTube Is Bitcoin Mining Worth It?!? - December 2017 The Next Bitcoin Halving  Why Is It So Important? Mine Bitcoin without hassle or hardware!

Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. Bitcoin mining hardware, also known as mining rigs, are computing devices made specifically to “guess” the correct bitcoin block hash as quickly and with as little power as possible. While the earliest Bitcoin mining was conducted by standard computer CPUs, mining operators were incentivized to achieve more hash power and did so partly through the creation of customized machines, first ... Entrepreneurs are looking to capitalize on the recent trend of Bitcoin mining, which now requires specialized hardware to efficiently process. See also: Non-specialized hardware comparison Below are statistics about the Bitcoin Mining performance of ASIC hardware and only includes specialized equipment that has been shipped.. GPUs, CPUs and other hardware not specifically designed for Bitcoin mining can be found in the Non-specialized_hardware_comparison.. Notes: Think of a Bitcoin ASIC as specialized Bitcoin mining computers, Bitcoin mining machines, or “bitcoin generators”. Nowadays all serious Bitcoin mining is performed on dedicated Bitcoin mining hardware ASICs, usually in thermally-regulated data-centers with low-cost electricity. Don’t Get Confused. There is Bitcoin mining hardware, which mines bitcoins. There are also Bitcoin hardware ...

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Bitcoin.com - Official Channel - YouTube

This process has evolved to a point where now there is specialized hardware to mine Bitcoins (It solves the math problems faster than a regular computer). People are making long long long lines to ... Yes, Bitcoin Gold (BTG) is a movement to fork bitcoin and create a new cryptocurrency. The new coin, Bitcoin Gold, will use GPUs for mining instead of specialized hardware know as ASICs. India Legalizes Bitcoin, CashFusion Fundraising Over 70%, New Hardware Wallet with SLP Token Support - Duration: 14 minutes, 46 seconds. Bitcoin.com - Official Channel 2,389 views This is complicated and expensive work, demanding a lot of electricity and specialized hardware. So why would anyone do it in the first place? Because the algorithm rewards miners with new ... Mining Bitcoins requires more specialized hardware than buying Altcoins. Fortunately, Antminer's are here for our rescue. But is mining Bitcoin still profitable in 2017? How much does it cost to ...

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