BITCOIN MINING. Think about mining. The mathematical formula consists of “hashing” long strings of characters and numbers using the SHA256. BITCOIN CLOUD. Travel the world of cloud mining with us. Mining conditions, accumulation and Bitcoin payments). 1148 Cloud mining: Lease capacity under SHA 256 Mining. BITCOIN NETWORK The uncomplicated way to define the Bitcoin network is to consider it as a distributed ledger of wallet balances, denominated in Bitcoin. We refer to a Bitcoin wallet as an “address”, which is a singular string of letters & numbers that references a specific wallet. The ledger of wallets contains not only an entire list of wallets (= addresses), as well as their ongoing balance, but every transaction that has taken place since day 1. Why is it distributed? Because everything is stored on a large number of computers across the world, which gives redundancy against any sole point of failure. While one individual, territory or country could be dis-connected from the network, Bitcoin is efficient as long as there are two or even more instances of the program running. Transactions occuring between addresses are stored incrementally, roughly every ten minutes. These incremental lists of transactions are called “blocks”. Each block must reference the prior block before it, producing a chain of blocks known as the blockchain. The blockchain, actually the Bitcoin network’s data-base that caches an archive of every single transaction, dating completely back to the initial Genesis block. Bitcoins can ONLY exist in the blockchain, so plainly we have to check that the blockchain isn’t only correct, but secure against attacks or frauds. That’s where mining comes in: it secures the transactions in the ledger. BITCOIN MINING Think about mining as a universally allocated security system for Bitcoin. Mining is the procedure of encasing every one of the most recent transactions into a fresh block, which must satisfy lots of specific guidelines. First, to be able cheap celebrex for a mined block to be looked at permanent, it must make reference to the previous block before it. Secondly, it must include as much transactions up to date as possible. Thirdly, it must satisfy a very sophisticated mathematical formula. The mathematical formula consists of “hashing” long strings of characters and numbers using the SHA256 algorithm to create a very large number. Once this computation is conducted, and posted to the network, this is known as a “hash”. Most hardware consistently executes billions or trillions of these computations/sec. The miner who supplies the best answer to a given block, which passes all 3 requirements, obtains a reward of 25 BTC! Bitcoin mining improved from using personal laptops/computers, in a position to process 1000+ of these computations per second to Bitcoin-specific chips that can execute billions of SHA256 hashes/sec. The creation of Bitcoins is designed to decrease as time passes, (a decrease – by 50% every 4 years – of the Bitcoin block reward). By early 2015, approximately 16 million Bitcoins have been created. Considering that there’s a cap of 21 million Bitcoins to be produced before the year 2140, 76% of the entire Bitcoin supply has already been produced. BITCOIN CLOUD MINING You start with its creation, Bitcoin(BTC) is actually identified by its transactions, digitally signed and recorded. It’s more of an encrypted POW(proof-of-work) that is established under a computer rigorous process. Bitcoin miners employ a software that permits them to asses their processing capacity to resolve transaction-related algorithms and are then honored with a certain quantity of Bitcoins per each block. This chain helps prevent attempts by a miner to spend BTC more often than once that could as well cause the digital money to be counterfeited directly through copy/paste. Cloud mining used to be processed on CPUs of personal computers with increased speed and more processing cores resulting in more earnings. Later, multigraphics card systems monopolized the mining systems accompanied by FPGAs (field programmable gate arrays) and lastly ASICs (application specific integrated circuits) to be able to find more hashes with less energy usage. This regular escalation has made it burdensome for bitcoin miners to endeavor into this sector unless individuals interact together in what is called “mining pools”. The whole system is specifically intended to prevent inflation worldwide. Bitcoin began with some individuals and small mining organizations at the same time when startups could be empowered by solo high-end system however now large mining farms can spend hundreds on just one single specific high-performance computer. In, if you were to purchase your own hardware you’ll have to combine it with your personal computer, mount the mining software, become a member of a mining-pool and you’re good to go. You’ll have to run your mining software night and day, install expensive fans to cool your CPU. Obviously you additionally have to pay for increased electricity bills and deal with more problems if any. Generally, you need to be a little technical savvy to mine using you own material. With regards to the mining platform or business you have registered under, a tiny amount may be deducted to pay the expenses of maintenance and operating the hardware every time you get a mining compensation. Since the complete procedure benefits from economies of scale, these expenses are generally much smaller comparing to the cost of mining at home making use of your own software. So long as you have bought some hashing power the mining software works for you 24/7. Whatever you do whether you are sleeping, focusing on another thing or on holiday, it’s still running. With a far more state-of-the-art cloud mining power, you will still earn Bitcoin even if your personal computer is switched off for days.
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• What is Bitcoin? Bitcoin Is A Cryptocurrency And A Digital Payment System Invented By An Unknown Programmer, Or A Group Of Programmers, Under The Name Satoshi Nakamoto. It Was Released As Open-Source Software In 2009. • Why Bitcoin? Bitcoin mining testimonial. As the world first 28nm BTC and LTC chip maker, Innosilicon selects Genesis Ming as partner in cloud mining industry business for its integrity, excellent customer oriented service and great user interface design. Genesis Mining is the best in class mining service that is supported by our. Bitcoin Cloud Mining Pool Business. In a nutshell the Network is a fast growing hosting cloud mining equipment. Today's modern and best bitcoin mining. Nov 10, 2017 - Whether you're interested in becoming a Bitcoin miner for the first time or you're simply seeking a new Bitcoin mining pool, we're here to help! In this article, we'll examine the top five Bitcoin mining pools. It's worth noting that this article is about mining with your own Bitcoin mining hardware and not cloud. Because Bitcoin Is Entirely Decentralized, You Need Trust No One When Using It. When You Send A Transaction, It Is Digitally Signed, And Secure. An Unknown Miner Like Us Will Verify It, And Then The Transaction Is Completed. The Merchant Need Not Even Know Who You Are, Unless You've Arranged To Tell Them. Nov 3, 2017 - Income tax; Company tax; Capital gains tax. Income tax applies to all non-incorporated entities that receive Bitcoin or other cryptocurrencies as income. Company tax applies to enterprise-grade operations that are large and deal, accordingly, with huge amounts of crypto. Think of a cloud-mining company. When mining bitcoins such as electricity, hosting issues, heat, installation or upkeep trouble. Http are Bitcoin Cloud Mining Advantages. No excess heat to deal with Quiet because of no constantly humming. Fans No electricity costs No bitcoin mining equipment to sell when bitcoin mining is no longer profitable No ventilation problems with hot equipment No preordered bitcoin mining hardware that may not be delivered on time by bitcoin mining equipment suppliers What are Bitcoin Cloud Mining Disadvantages. Unverifiable or otherwise shady Bitcoin cloud mining operations No fun. Obviously if you are involved with cryptocurrency you know what cloud mining is. When I heard of cloud mining I though it would be a great opportunity to make money without putting forth hardly any work, but obviously thats not the case. Genesis Mining the leading cloud mining company sells 'Lifetime Contracts' but they are not really lifetime. You would be able to mine about. What a great deal. As bitcoin mining becomes more competitive. Which it will theres no question about it. Your 'Lifetime' contracts will end up being so worthless Genesis will cancel them because your contracts won't be even able to cover power costs. You'll want your money back which is impossible because Genesis is nonrefundable and then boom you're scammed. Genesis mining is selling contracts that they know will never be able to full fill and you're the one taking the lose because you'll never be able to get your money back. I hope this gives everyone a better idea of cloud mining in general and that in the end your not going to win. Even if you do luckily manage to reach your initial investment because of lcoud price clou bitcoin significantly rising you would have made so much more just investing in the coin rather than buying hash cloud bitcoin mining review boost to mine for it. Experience Needed to Become a Contract Administrator If you want to become a contract administrator, you typically need experience in a related administration position with a lower level of responsibility. Many contract administrators have begun their careers by working entry-level administration link and then get promoted to a job that involves the management of contract resources, or contract-driven projects or processes. Contract administrators that take such a path are often trained on the job or are provided with formal training by their employer, in order to increase their skill set to help them competently perform their new duties. Some employers may hire contract administrators directly out of school, although such candidates typically have graduate degrees or law degrees. Skills and Traits Needed to Become a Contract Administrator In order to become a successful contract administrator you need to posses a certain set of skills and personality traits. These skills and traits will not only allow you to perform your job duties with competence; they will allow you to maintain a positive attitude towards your work. In such positions they are responsible for managing limited aspects of existing contracts in order to help contract administrators, while simultaneously learning the details of contract processes for the business. With sufficient experience and the availability of jobs, entry-level assistant contract administrators then become contract administrators. Contract administrators that demonstrate competence and initiative in their work typically advance to positions involving more responsibility, such as senior contract administrator. As they gain experience in their new roles, they gain familiarity with relevant mining contracts administrator qualities, laws, and company priorities. Contract administrators who have five or more years of experience in contract administration may become contract administration managers. In such positions their responsibilities further increase to include contract negotiation, purchasing, compiling reports, directing teams of contract administrators and other professionals in order to coordinate and optimize contract-related aspects of the business. Contract Administrator Jobs Job Search by Salary Level of Contract Administrators The salary level of contract administrators can vary depending on their personal qualifications and the specific responsibilities of the job. Contract Administrator Salary Alberta: Contract Administrator Salary Canada: Contract Administrator Salary United States: Careers Similar to Contract Administrator Listed below are careers in our database that are similar in nature to Contract Administrator, as they may involve many of the same skills, competencies and responsibilities. So source I mine Bitcoins at home instead. However, you will be paying for the hardware, cooling and maintenance for yourself. What other users are saying. As part of my research for this review I tried to find as many user reviews as possible to get different perspectives. Most, if not all, of the positive reviews I found were accompanied by a promo code. Promo code reviews are questionable in my opinion since the user reviewing gets a commission if you sign up with his promo code, so they have an incentive to write a positive review. One interesting review was from a guy who actually used Genesis Mining to buy Ethereum. He states as follows: In one year, Genesis gave me back 2. But you would be wrong!! If I would have kept my 0. If I would have bought ETH with the 0. So even though he could have made a better deal by not investing in Genesis Mining he still made a profit. Please keep in mind that his profit was with Ethereum mining and not Bitcoin mining. In this post I concentrate mostly on Bitcoin mining. Some other altcoins may still be profitable to mine, but I will review them in a different post. There are also several BitcoinTalk posts about the company. Bittrust shows some positive reviews but I will let you judge for yourselves on their legitimacy. Seems like I would be much better off just using my money to buy Bitcoins instead of using it for cloud mining contracts. If you are invested in Genesis Mining I urge you to contact their support and try to get answers for this they answer fast from my experience. On a final note, this review is about Genesis Mining but I think you can probably copy and paste its characteristics to most legit cloud mining companies out there. The not so legit mining companies will probably show greater profits because they usually hold stop paying at some point. Keep in mind that this review was made especially for mining Bitcoins, other currencies may still be profitable in these cloud mining schemes. Zwolle, The Netherlands — Bluemining. Headed and founded in by Chief Executive Officer, Jordy Satoor de Rootas, leads a team of experienced cloud and crypto mining engineers, analyst, and developers, who are committed to transforming the use and delivery of cryptocurrencies from Europe to the globe. Essentially being an alternative to real cryptocurrency mining, it allows the user to enjoy the benefits of receiving ethereum without having to own any actual equipment. Other advantages include article source common dilemma in but are not limited to high electricity costs, connection problems, proper cooling, high noise levels and shipping times. A lot of average cryptocurrencies users would like to get into the mining economy, but they lack the technical knowledge of setting up specialized machines. Currently, it is also costly to mine Bitcoin as for the competitiveness. As such, cloud mining is far more convenient than operating own crypto mining hardware. The high-quality equipment allows the mining process to achieve maximum efficiency and makes the contract prices affordable. At the current time, forecasts show there is enough time to receive a decent return on investment RoI for ETH. If you would like more information about this topic, please contact us at info bluemining. The above numbers reflect no difficulty increase. Investing involves risk, including possible loss of principal. In addition to the normal risks vloud with investing and mining, cryptocurrency mining investments and related instruments may involve risk of capital loss from unfavorable fluctuation in cryptocurrency values, exchange-related risks, policy risks, liquidity, and market price fluctuation and demand. The strategies discussed are strictly for illustrative litecoib educational purposes and should not be construed as a recommendation to purchase. There is no guarantee that any strategies discussed will be effective. The information provided is not intended to be a complete analysis of every material fact respecting any strategy. The examples presented do not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy. Fiat amounts shown are the equivalents if cryptocurrency is traded on the popular exchanges, such as Bittrex. Fiat amounts are for illustrative purposes only. Eobot has no opinion regarding alleged relative values of virtual currencies in relation to fiat currencies. Bitcoin Mining in How to Remain Profitable in Challenging Environment As technology improves and more efficient Bitcoin mining equipment developed, competition skyrockets. In the early days of Bitcoin, mining was performed by individual computers running the Bitcoin nodes as they compete to solve algorithmic problems while confirming transactions on the Bitcoin Blockchain. This gave rise to increased mining difficulty as the rate of competition skyrocketed. A Bitcoin mining farm is usually comprised of a huge number of processors, known as mining pools. These pools are interconnected to compete as a single unit in the transaction processing competition on the Bitcoin Blockchain. This, in essence, automatically makes it extremely difficult for small independent miners to carry out mining profitably. Return on investment ROI One major factor that determines the viability of Bitcoin mining is the return on investment ROI. Jure Pirc sees Bitcoin mining in as a very challenging adventure. He notes that every person or company that decides to invest in Bitcoin mining must understand that the current ROI time for the most efficient miner on the market ' Antminer T9' is between months. However, ROI time varies with energy and cooling costs. Therefore, countries with affordable electricity and a cooler climate hold a big advantage when it comes to mining profitability. Network difficulty Another important factor to mention is that the ROI calculation is also based on the prevailing network difficulty which keeps increasing as time goes on. Concerning mining hardware equipment, Pirc says: For newcomers to the Bitcoin ecosystem, Pirc thinks that the individual mining process could be a very complex adventure. Unpredictable enterprise Blockchain Research Specialist Sean Brizendine describes the profitability of Bitcoin mining in as an unpredictable phenomenon considering the parameters involved in it. It all depends on Bitcoin price Aaron Fosterco-founder and CEO of TheBitPoint, explains that Bitcoin mining profitability depends on Bitcoin price. Given the scaling situation, if not resolved one way or the other he thinks that returns will be in the negative. Even worse, a hard fork with two chains, giving rise to the mining of either BTU or BTC. Foster also notes that the lifespan of the hardware must be put into consideration, figuring out how long before a mining device becomes obsolete: Unless you can get some ant miners cheaply and have really cheap or free electricity. He speaks from the standpoint of a participant of such arrangements and claims to receive his dividends on a daily basis. I am in a couple of groups that are mining like that, and it is paying me daily, so I am in favor of it. However, with proper planning and a conducive environment, individuals can still benefit from the Bitcoin ecosystem through mining. Jordan Tuwiner Last updated June 13, Want to find the best Bitcoin cloud mining contracts. This post has you covered. Most Bitcoin Cloud Mining Companies are Scams Like the heading says, most cloud mining contracts are scams. A company can claim to be a cloud mining company without any proof of actually owning any hardware. Which Companies Are Not Scams. There are only two cloud mining companies we are willing to recommend on this site: Genesis Mining and Hashing Just because they are not scams, however, does not mean that you will make a profit by buying contracts. Hashing24 Hashing24 is one of the few cloud mining companies we are willing to even list here. The main reason is that they are partnered with BitFury, one of most well-funded Bitcoin companies who is also one of the few re-sellers of mining hardware. Hashing24 sells lifetime contracts, so you retain your hash power until the contract becomes unprofitable. For more info, see our Hashing24 review. Genesis Mining Genesis Mining is a Hong Kong based company although its founders are from Germany and attend many Bitcoin conferences. You can read more about Genesis Mining on their about page. Genesis Mining offers three different Bitcoin mining cloud contracts. All plans are paid with a one time payment and are lifetime contracts: Is Cloud Mining Profitable. It depends what your goals are with cloud mining. If your goal is to obtain bitcoins, then there is really no reason to cloud mine or even mine at all. You will get more bitcoins for your buck if you just buy bitcoins. If you think mining is cool and want to try, then cloud mining still is not a good option. Grab a cheap USB miner and run it at home. If you just want bitcoins, mining is NOT the best way to obtain coins. After the initial craze due to the scarcity of Zcash (ZEC) coins and the big demand the prices has skyrocketed, but now with the progressing and the total block reward almost at 4 ZEC things are starting to stabilize. The initial crazy high profit for mining and selling Zcash coins seems to be over and at the moment mining and selling ETH or ZEC does bring almost the same profit for some GPU miners, though not for all. Miners with older AMD Radeon 79×0 and 280X GPUs still have higher profit mining Zcash than Ethereum, but for users with RX 480 for example things are already on the line to switch back to Ethereum. Nvidia seems to be currently lagging as far as performance optimizations for Zcash go, so the profitability there could be better for another algorithm or mining for another perspective in the long term crypto coin might also be a viable option. You can keep track of the current profitability with the help of some useful mining calculators like the ones provided by CryptoCompare for both as well as for along with a few other popular coins such as Ethereum Classic (ETC), Monero (XMR), DigitalCash (DASH) and Litecoin (LTC). Make sure you set the correct hashrate your mining hardware is providing for each algorithm to make a proper calculation as different GPUs do provide different hashrate for the various algorithms. Do note that Etheeum Classic might also turn out to be pretty profitable alternative as well for some video cards that are still providing higher hashrate for the Ethash algorithm. However, those of you on a more moderate budget are probably looking at building a GPU miner for scrypt currencies, or a buying a small ASIC machine for bitcoin or other SHA-256. For assistance with some of the calculations miners need to make, there are several websites that provide profitability calculators. 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. Other Similar Publications: • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •. 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. Overview • • • • • • • • • • • • • • • • • • • • • • • Introduction If you’ve ever heard of cryptocurrencies, you’ve probably heard of mining. The sole reason most cryptocurrencies can function is due to mining. Without miners, the blockchain can’t be validated every time someone wants to make a transaction. If the blockchain doesn’t get validated, there is simply no way to know which transaction is legitimate and which is not. Becoming a miner doesn’t come without reward, however. There are two things which your reward is based off of. • The block reward • Transaction fees For example, whenever you decide to send some Bitcoin, Ether, or whatever other currency you’re using, you’ve probably noticed the added fee, which can either be listed as a “transaction” or a “mining” fee depending on your wallet. This fee gets tacked on to whichever miner “cracks” the code and completes the block. Though this reward is quite minuscule, the real treat is the “block reward,” which for Bitcoin is 12.5 Bitcoin equal to an astounding $48,314 USD! Pros and Cons of Mining vs. Investing One of the benefits in investing a couple hundred, or a thousand into a mining computer instead of into the currency you are eventually going to mine, is the fact that in the very unlikely event that the headline in the morning is “United Nations Ban All Forms Of Digital Currencies,” y ou can still sell your mining computer. At a loss nonetheless, but it’s still better than nothing. However, if you invested that amount into a currency instead, that currency will most likely be worth nothing. Although there still is the chance that the currency goes up by 100% overnight, leaving you in the dust with a mere mining rig. Another benefit is that in case the currency you are mining drops in value, you can easily swap to another coin and regain your profits that way. Take Ethereum for example. One year ago and with a small mining operation, it was very easy to mine 1 or 2 Ethers a day, while at the time it was only worth a couple of dollars. If you kept it today, you could sell each Ether for $330 USD, making your investment very worthwhile. Even though currency mining seems to be an easy get rich quick scheme, it does not come without risk, the main risk being: fire. If you have a relatively large mining operation with poor cooling, and you’re using bad power supplies with multiple extensions cables going into one outlet, something could catch fire very easily, making not only your rig worthless, but most likely your house too. As long as you use parts from reliable companies, and keep your rigs cool and dust free, this shouldn’t be an issue. Another risk to watch out for is if you have young children or small animals. They could easily break your rig by accident, either by throwing something at it or giving it a static shock. The next risk, while not severe, is power. Mining computers draw a lot of power, and depending on the size of the rig, they can easily draw upwards of 1,000 watts. Depending on where you live this could mean that you are mining at a loss everyday. Another risk, though small, is that if you decide to mine on the ETHash algorithm you have to make sure you have enough VRAM (Video Random Access Memory) on the graphics card, as the networks DAG (Directed Acrylic Graph) will be stored on the VRAM. So if you do not have a large enough VRAM size on your GPU you will not be able to mine that coin. At the moment, Ethereum’s DAG file size is 2.1 GB meaning that you will have to mine on a card with more than 2 GBs of VRAM. You can check the DAG size for some popular coins using website. In conclusion, while there are many risks, all can easily be avoided by either implementing standard safety procedures, or by making sure that your rig will last a long time by buying the best parts you can. But all in all, while you will receive a great amount of rewards for mining, you can also lose a lot of money if your rigs break down due to misfortune or just plain old bad luck. Economics of Mining Getting started with mining is relatively simple, especially if you already have a desktop PC with a graphics card. Building a mining rig is the main cost, as these can cost thousands of dollars. The next cost is power cost, though this shouldn’t be an issue unless you are using inefficient graphics cards (cards with a low hash rate and high power draw) and living in a country with high power costs. To find out how much you will spending on power each month, you can use this simple website linked below. Here you can input how many watts your computer will be using, and the website will tell you how many kWh that is per month After you calculate the amount of kWh you will be using every month, multiply the kWh per month by the amount you pay for electricity in your country, and then you will find out the cost. Take your monthly power cost away from the value of the amount of the currency you mine to find your monthly profits. Though most mining calculators include this calculation for you, it can be very useful to find the exact amount you will be spending on power. Here is our formula for working out monthly profit: M – W = P. M is the value of the amount of coins you mine per day, this can be found through sites like coingecko where it will tell you how much your crypto is worth. W is the amount you will be spending on kWh every month. This will then give you P which is your monthly profit. You can also find your daily profit by inputting your daily mined crypto into M and daily power usage in for W, the same can be done for weekly calculations. To find your real profit however, you first need to pay back the first investment into your mining rig. To find out how long this will take, you must use this formula: C / P = D, where C is the cost of your mining computer, P is the same as before (monthly profit), and D is the time it will take to pay back your computer, either in months, weeks or days. This depends on what you use for the first calculation. After you pay back the rig, every cent you make will go towards your total profit. PoW vs PoS Though this guide is mainly focused on the Proof of Work (PoW) side of mining, you should be wary of Proof of Stake (PoS), as Ethereum will be swapping over to this method in the near future. The difference between PoW and PoS is that PoS does not require graphics cards, nor does it require a very powerful system at all. PoS relies on you “staking” your coins to the network; the more coins you stake, the higher chance you get of receiving the transaction fees of other Ether investors. Another benefit of PoS is that the computers are not very expensive, nor do they draw lots of power, making PoS a far greener alternative to PoW. There are also no block rewards in PoS, thereby making the transaction fees the only reward. Proof of Work is where you have to run powerful computers that have high hash rates. Hash rates are the number of “hashes,” or numbers a computer can come up with every second, needed to solve a block. Both of these types of mining have a difficulty factor to them where the more miners there are on the network, the lower the chance you have of mining a block. In other words, the lower your reward is. Is a good website which has lots of information on the major cryptocurrencies, including their difficulties, block times, and block reward. If you want to check when the last block was mined, and who mined it, you can use website for Bitcoin, and one for Ethereum. How Does Mining PoW Work? Mining works by connecting to the blockchain and verifying transactions by verifying new blocks in the blockchain. By doing this they are securing the network and preventing errors from happening such as double spending. The miners put these blocks through a process by applying a mathematical formula to it, turning the numbers into a shorter, random looking sequence of numbers. This number is the blockchain’s hash. Producing hashes from the data of a blockchain’s block is easy, however it is impossible to work out what the starting data was just by looking at the hash. Each hash is unique and changing even a single character in the hash changes it completely. Is an excellent video which explains what your computers do when its mining that uses pen and paper as an example (This method is extremely inefficient so do not expect to make a profit off of it.) Mining Profit Calculators, And How To Use Them • Crypto Compare One of the most simple to use calculators is the. You simply choose the currency you would like to mine then input your hash rate along with the wattage of your system and power cost, then the website will show you what your profits are every day, along with the amount of the currency you will mine. The main problem with this site is that it does not factor in the network’s difficulty. Everyday new miners join the network, which in turn increases the difficulty. That means that if you are solo mining, you will have a lower chance of solving the block, and if you’re pool mining, this will lead to lower rewards. • My Crypto Buddy The is another useful calculator which has the option to include difficulty into the calculations. This means that it decreases your mining profit each month depending on how much the site estimates that the network’s difficulty will go up or down. For example, if the difficulty goes up by 100 GH/s in one month, the calculator will then assume that every following month will incur a difficulty increase of the same amount. This leads to a problem. If in one month the network receives an abnormal difficulty bump, whether due to a price increase of the currency leading other miners to join the network, or if AMD or NVidia release a new graphics card with a big hash rate boost, the MCB calculator will then use that abnormal value as the absolute value for every month, making the calculator unreliable. Though it is still useful to know that your mining income will decrease every month due to difficulty. This calculator also includes the mining pool fee. • Coin Warz The is another useful calculator, though more complicated than the rest, it comes with some quite unique features, such as allowing you to input your hardware cost. The calculator will then use this information to estimate how long it will take to pay back your computer. Another unique feature is that it if you’re solo mining, it will tell you how long it may take to mine a block by using your hash rate. A third useful feature is that it shows you how much you can trade your mined coins for in Bitcoin, which is useful if you think Bitcoin is only going to go up in price. You can use this calculator for about 100 different coins making it quite useful when trying to find out what your other mining options are. • What To Mine The is hands down, the most useful mining calculator. The reason being that you simply fill in your graphics cards models and the site will calculate the power draw, hash rate, and the most profitable coin for your set up. The site will even show you the best exchange to sell your coins on. Additionally, the site will also apply a reasonable overclock to the cards making your results even more accurate. When mining, overclocking is extremely useful so think of this as “free performance.” The only downside to this site is that it only has information on 11 different GPUs and no CPUs. You also can’t fill in your pools fee. This site is still extremely useful for finding the most profitable coin to mine, making it my preferred calculator. How To Find Mining Hashrates For Graphics Cards And Processors Now that you know how to use the profit calculators, you now need to know how to find the hash rates of your system. If your graphics card is not listed on the What To Mine website, this can be a tricky process. Luckily I have compiled a list of sites which have this information. • This is a very useful site for finding the hash rates on different graphics cards for Ethereum (ETHash), ZCash (EquiHash) and Monero (Cryptonight). The site also shows you the power draws for the graphics cards and will even give you the Amazon links on where to buy them, as well as suggestions for other parts you’d need to improve your mining rig. Other than that, the BuriedONE’s Youtube channel has many useful mining tips and tricks. • This is quite a useful list that has the information on the hash rates of many AMD and Intel CPU’s, and this list is constantly being updated. Though the list is only for the Cryptonight algorithm (or Monero) hash rates, I don’t recommend mining other algorithms on your CPU, as Monero works very well on the CPU, compared to other algorithms which heavily favor the GPU. Top 5 Graphics Cards To Buy For Mining Ready to start mining and become the next Bill Gates? In this section I will be recommending some of the best graphics cards for mining and addressing their power draw, cost, and their hash rates. I will also explain which coins are the best to mine with each card. • #5 – NVidia GTX 1050Ti This is an excellent graphics card for mining as it does not require any external power, so you can easily put it into any desktop PC with a PCI-E 16x slot. With a starting price of around $150 US dollars, and a mere power draw of. • #4 – NVidia GTX 1060 3GB/6GB This is another great graphics card for mining, although it pulls more power than the 1050Ti and has a steeper starting price, it pays off with its large hash rate bump. This card also has an external power connector, so you will not be able to plug this into any old desktop computer. However, this card is an excellent performer on the ETHash algorithm, as well as EquiHash. Keep in mind that if you choose the 3GB variant you should know that in the future, you will not be able to mine some coins on the ETHash algorithm due to how the algorithm functions; where the DAG file is stored in the GPUs VRAM. Even though this shouldn’t be a problem for a long time, it is worth noting. You can check the DAG size for many popular coins on website. • #3 – NVidia GTX 1070 The GTX 1070 is an amazing graphics card, where it’s only let down is it’s expensive price. However, this card achieves amazing hash rates on the ETHash and EquiHash algorithms, and draws a mere 150 Watts. My personal rig uses 4 GTX 1070’s, so I highly recommend these cards, especially if you can get them for a good price. This card is an excellent performer when it comes to gaming, so if you decide to sell your rig, you should be able to sell these cards for a great price. With 8 GBs of onboard VRAM, you will not have to worry about an increasing DAG file. • #2 – AMD RX 480/580 The RX 480 and 580s are extremely popular mining cards due to the fact that their price is very low, especially when compared to the similarly performing GTX 1070. Another benefit of this card is that AMD allows users to flash their card’s BIOS, which can make the card run at at higher hash rates with lower power draws. However, due to the popularity of this card, it can be very hard to find at reasonable prices, but if you can find this card at a good price it’s an excellent performer for mining. This card is an excellent choice to use on the CryptoNight, and ETHash algorithms. When compared to NVidias offerings however, it’s a very poor performer on EquiHash. • #1 – AMD RX 470/570 The RX 470 and 570s are hands down the best graphics cards when it comes to mining. This is due to its extremely low price and excellent hash rate performance. Like the RX 480s and 580s, these cards can also be very hard to find at reasonable prices. These cards are also excellent performers on the ETHash and EquiHash algorithms. • Other cards and ASICs (Application-Specific Integrated Circuit) If a card you own or plan on buying did not make this list, that does not mean that’s it’s a bad card by any means. This list is purely based on my opinions, as well as the price of the cards and the raw performance numbers. Though there are other cards which are great for mining, such as GTX 1080 Ti or RX Vega 64 (which I did not include due to their high cost), these cards on the list are just my recommendations. Another option for mining is ASICs. ASICs are devices made specifically for mining, and when compared to graphics cards, ASICs perform much better and have a much lower performance to the power draw ratio. The problem with ASICs are that they can only mine on one algorithm, so when the difficulty goes up, or the price of the coin you are mining goes down, you simply can’t swap to another algorithm, you will have to stay with that algorithm. ASICs are primarily used for SHA-256 (Bitcoin) or SCRYPT (Litecoin) algorithms. Another option are dedicated mining cards. These cards are made specifically for miners and offer a hash rate and efficiency bump over their gaming orientated counterparts, without the need for you to do much tweaking (overclocking and undervolting). However, most of these cards do not have display connectors making them useless to gamers. This makes the card worthless for resale, so if something happens to the cryptosphere making crypto worthless, say if some global superpower outlaws Bitcoin and other currencies alike making crypto worthless, you won’t be able to get a penny back from these dedicated cards. If you are confident in the success of cryptocurrency however, and are willing to take the risk, these cards are an excellent option. Different Types of Mining Though this article has primarily been focused on graphics card mining, there are other types of mining. Cloud mining and ASIC mining are just two examples. I will also be talking about the difference between mining in pools and solo mining here. • GPU and ASIC Mining GPUs while less powerful than ASICs give you the option to choose what coin to mine, as ASICs will only allow you to mine on a single algorithm. GPUs can swap different algorithms any time they like, and can also be resold to gamers, unlike ASICs which can only be sold to fellow miners. • Solo and Pool Mining While you will still be using your GPUs or ASICs, you have the choice to choose between mining in a pool, or by yourself, hence “solo” mining. Pool mining is where you join with a group of other miners and every miner contributes to mining blocks. The difference between this and solo mining is that your payouts are more consistent. Solo mining is hard, especially if you are running a small rig because you will most likely not find a block for a very long time unless you get very lucky. You can use the Coin Warz calculator to estimate how long it will take you to mine a block by yourself. Another benefit of pool mining is that it’s more consistent. You will get your payments consistently, unlike solo mining where it may take a very long time to get your payout. I recommend the Ethermine.org and Nanopool.org pools, each have a large list of crypto-pools to choose from. You can also check if your rig is online here, as well as how much crypto you have mined. • Cloud Mining Cloud mining is definitely the easiest way to start mining, as you can purchase a mining contract whenever you like. You do not need to setup a rig or even have an internet connection, the company which hosts the miners will do this all for you. You’re only required to pay monthly for the hashing power, however these contracts can turn out to be quite unprofitable, as contracts tend to last for 24 months, and with the networks increasing difficulty you may start losing money every month. Another negative is that you will not be able to sell the rigs, and will not be able to cancel the contracts. However if you do decide to start cloud mining, one of the largest companies for this is. Is another cloud mining company which unlike Genesis does not lock you into a contract and allows you to cancel any time you want, making this an excellent option. Nice Hash also allows you to sell your hashing power for Bitcoins, so you can set your own mining rig to mine on the Nice Hash servers and earn Bitcoins. However, this can turn out to be less profitable than mining an altcoin by yourself. You can use this code: MRT1YF on Genesis Mining for a 3% discount on any purchase! How Should You Store Your Coins? My personal recommendation is to keep full control of your wallets and not in the exchanges since exchanges can be hacked and you run the risk of losing your coins forever. You should also keep your coins in an offline storage for maximum security. A useful multi-wallet application which I recommend is the You can store many different types of coins here including popular ones such as Bitcoin and Ethereum. This wallet also gives you full control of your private keys in case you want to move your wallet out of Jaxx. The Jaxx wallet also has mobile apps which allows you to take your cryptos with you anywhere. The is another useful multi-wallet, however it is a hardware wallet, so you will have to spend an extra portion of your budget on this. Though it does payoff with it’s increased security. Mining Communities Mining can often be a quite strenuous process that is not error free. So if you are setting up your own miner, it can be useful to interact with some communities in order to get proper guidance. One of my favorite communities is Reddit, and although Reddit has a vast array of sub-communities, or subreddits, there are some for mining. Such as: • • • Here you can ask the community questions about your mining setup, and about any issues you may be having. Though r/EtherMining is focused on mining Ethereum, they will be happy to help you with general mining questions. The Ethereum Stack Exchange community is another useful one where you can find out about graphics card hashrates as well as ask questions. You can also ask about general Ethereum questions here. Recommended Coins To Mine. I recommend mining the most profitable coin for you. So, if you’re using AMD GPUs then Monero and Ethereum are the most profitable option for you. If you’re using NVidia, ZCash and Ethereum are the most profitable. It’s your choice to choose which of these two coins to mine, and I recommend mining whichever one you think has the brightest future, as what you mine today may be worth $10 now, but $100 in a few months. You can always trade your mined currency for a different coin if you believe that is a better option. You can use services like for the quickest cryptocurrency swaps, or you can trade on sites such as Bittrex so you don’t have to pay as high of a fee. My Advice To Newbie Miners My single most important piece of advice to miners is to make sure you have a near 100% uptime, because if your miner shuts down while you at school, work, overnight, or while you’re on holiday you will lose out on gaining a large portion of your profits. One of the easiest ways to secure your stability is to have safe overclocks, and by testing your rigs. Instability can often be caused by too high of an overclock, or by faulty risers. I also highly recommend the EthOS is an operating system specifically made for mining Ethereum and other cryptos alike, such as ZCash, Monero, and many more. The OS is extremely stable and if your rig crashes, the OS will boot up and start mining straight away. The OS also supports up to 16 AMD or NVidia graphics card, which is a huge step up from Windows, which supports a maximum of 8. Start out small. I don’t recommend starting out by buying hundreds of graphics cards and miners, especially if you have no previous experience with mining. If you start out small you can easily upgrade in the future by either adding rigs to your farm, or by adding graphics cards to your rigs. It’s also never too late to start mining. New cryptocurrencies are created everyday, so in the future, if the top currency’s difficulty is too high, you can always choose a different currency. But if it does come to the point where you can’t mine enough currency to pay back your power bill, you can always sell your rig and make most your money back that way. However, my single most important piece of advice is to have fun, and to not panic when you have issues, setting up a mining rig and managing it can be very fun, and also very stressful when it’s not working. If you are having problems you should definitely contact the communities I listed above, as someone else is bound to have had the same issues as you and can help you out. Final Summary • There are many pros and cons of mining and investing, make sure you choose the best option for you. • It’s very easy to make a lot of money off of mining, but it’s also easy to lose everything if you don’t take the necessary precautions. • Be wary of the networks increasing difficulty. Even though you may make $10 one day, the next day you may make $9, so you should always be open minded about mining different coins when the time comes. • Choose the right graphics card for your budget and depending on the coin you want to mine. • If you need help, don’t hesitate to ask the community. • Keep your coins safe. If you lose them you could take a big loss. WARNING: DO NOT mine with laptops, laptops ARE NOT made to run at 100% load for prolonged periods of time. If you decide to mine on your laptop you can damage your laptop due to overheating, potentially causing your laptop to break and to cease functioning. Follow Us On Social Media • • • • Subscribe to our. By Hallie Metzger and Lloyd Irland. Admirable traffic: Watching the great bird highway. By Katherine Hauswirth. 25 BOOK REVIEWS. Reviews of a. This is the beautiful way in which Nature gets her muck, while I chaffer with this man and that, who talks to me about sulphur and the cost of carting. Biography Caterina Bissantz earned her Pharm.D. (1998) from University of Freiburg, Germany, her M.Sc. (1999) from Purdue University, West Lafayette, IN, under the supervision of Dr. Don Bergstrom in the field of synthetic medicinal chemistry, and her Ph.D. (2002) from ETH Zurich, Switzerland, under the supervision of Prof. Gerd Folkers and Dr. Didier Rognan in the field of virtual screening and GPCR modeling. In 2002, she joined Roche, where she is a member of the Molecular Design Group. Her special areas of interest are structure-based and GPCR drug design. She has coauthored more than 40 papers and patents. Biography Bernd Kuhn received his M.S. In Chemistry (1994) from the University of Karlsruhe, Germany, and Ph.D. (1998) from the Swiss Federal Institute of Technology, Lausanne, Switzerland, under the supervision of Prof. Following postdoctoral studies as a DAAD fellow in macromolecular simulations with Prof. Peter Kollman at the University of California, San Francisco, he joined the start-up company Prospect Genomics in 2000. In 2001 he moved to F. Hoffmann-La Roche, Basel, Switzerland, where he is a member of the Molecular Design group with a focus on structure-based computational methods and their application to drug design projects. His scientific contributions include more than 90 papers and patents. Biography Martin Stahl received his Ph.D. In Theoretical Chemistry from the University of Marburg, Germany, under the supervision of Prof. He joined Roche in 1997 and initially worked on structure-based design projects at the Basel and Palo Alto sites. In 2001, he was appointed head of molecular design in Basel. Since 2005, he has been a section head in medicinal chemistry. A member of the global chemistry leadership team, he is responsible for the Roche-wide coordination of molecular design and cheminformatics work. He has helped to develop and apply multiple novel methods in computational chemistry and is a fervent advocate of joint interactive design sessions between chemists and molecular designers. Martin has coauthored over 60 scientific articles and is an Advisory Board Member of Journal of Medicinal Chemistry. Molecular recognition in biological systems relies on the existence of specific attractive interactions between two partner molecules. Structure-based drug design seeks to identify and optimize such interactions between ligands and their host molecules, typically proteins, given their three-dimensional structures. This optimization process requires knowledge about interaction geometries and approximate affinity contributions of attractive interactions that can be gleaned from crystal structure and associated affinity data. A Abbreviations: CSD, Cambridge Structural Database; PDB, Protein Data Bank; ITC, isothermal titration calorimetry; MD, molecular dynamics; MUP, mouse major urinary protein; EGFR, epidermal growth factor receptor; MAP, mitogen-activated protein; iNOS, inducible nitric oxide synthetase; PDE10, phosphodiesterase 10; OppA, oligopeptide-binding; DPP-IV, dipeptidylpeptidase IV; LAO, lysine-, arginine-, ornithine-binding protein. And PDB databases. The focus is on direct contacts between ligand and protein functional groups, and we restrict ourselves to those interactions that are most frequent in medicinal chemistry applications. Examples from supramolecular chemistry and quantum mechanical or molecular mechanics calculations are cited where they illustrate a specific point. The application of automated design processes is not covered nor is design of physicochemical properties of molecules such as permeability or solubility. Throughout this article, we wish to raise the readers’ awareness that formulating rules for molecular interactions is only possible within certain boundaries. The combination of 3D structure analysis with binding free energies does not yield a complete understanding of the energetic contributions of individual interactions. The reasons for this are widely known but not always fully appreciated. While it would be desirable to associate observed interactions with energy terms, we have to accept that molecular interactions behave in a highly nonadditive fashion. The same interaction may be worth different amounts of free energy in different contexts, and it is very hard to find an objective frame of reference for an interaction, since any change of a molecular structure will have multiple effects. One can easily fall victim to confirmation bias, focusing on what one has observed before and building causal relationships on too few observations. In reality, the multiplicity of interactions present in a single protein−ligand complex is a compromise of attractive and repulsive interactions that is almost impossible to deconvolute. By focusing on observed interactions, one neglects a large part of the thermodynamic cycle represented by a binding free energy: solvation processes, long-range interactions, conformational changes. Also, crystal structure coordinates give misleadingly static views of interactions. In reality a macromolecular complex is not characterized by a single structure but by an ensemble of structures. Changes in the degrees of freedom of both partners during the binding event have a large impact on binding free energy. The text is organized in the following way. The first section treats general aspects of molecular design: enthalpic and entropic components of binding free energy, flexibility, solvation, and the treatment of individual water molecules, as well as repulsive interactions. The second half of the article is devoted to specific types of interactions, beginning with hydrogen bonds, moving on to weaker polar interactions, and ending with lipophilic interactions between aliphatic and aromatic systems. We show many examples of structure−activity relationships; these are meant as helpful illustrations but individually can never confirm a rule. Like any other spontaneous process, a noncovalent binding event takes place only when it is associated with a negative binding free energy (Δ G), which is the well-known sum of an enthalpic term (Δ H) and an entropic term (− TΔ S). These terms may be of equal or opposite sign and thus lead to various thermodynamic signatures of a binding event, ranging from exothermic to entropy-driven. An increasing body of data from isothermal titration calorimetry (ITC) is available on the thermodynamic profiles for many complexes. Where crystal structure information exists as well, it is tempting to speculate about the link between thermodynamics and geometry of protein−ligand complexes. A rough correlation between the burial of apolar surface area and free energy could be derived, but beyond that, practically useful relationships between structure and the components of free energy have remained elusive. This is not surprising, as both entropy and enthalpy terms obtained from calorimetric experiments contain solute and solvent contributions and thus cannot be interpreted on the basis of structural data alone. The direct experimental estimation of solvent effects has been attempted but always requires additional assumptions. Only theoretical treatments allow a separation of these effects. Thus, computer modeling can support the interpretation of experimental observations. Calculate how much ZEC (Zcash) you can mine a day, a week or a month by simply inputing your Hashrate. Jan 14, 2018. WZVMqE) * * * Hashflare.io * * * https. Genesis Mining Calculator. Zcash cloud mining zcash command line install process. 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. CoinWarz is another service where you can keep track of the profitability of the various alternative crypto coins in order to hunt for the most profitable one at the moment to get the best out of your hashrate, especially if you do not have a lot of it available. This service provides a mining and profit calculator that works with the supported cryptos, so you get actual profitability data based on your hashrate and power consumption for each crypto coin. It also checks and reports the best exchange rate at which exchange as this is also an important part for calculating the crypto profitability correctly. The list of alternative cryptos includes both scrypt-based ones as well as sha-256, so this service is useful not only for GPU miners, but also for ASIC miners that are interested in making some more extra profit by mining alternative cryptos instead of LTC or BTC directly. Have in mind though that the profitability of alternative crypto currencies is very dynamic and if you start mining a crypto with very high profitability due to low network hasrate and difficulty, the situation can quickly change is a lot of other miners also follow in your footsteps. So it is important to be fast in finding the right pool and starting to mine the highest profitability crypto in order to maximize your profit – you can check our that we have available here to help you in that. For example at the moment the most profitable alternative scrypt crypto is 42 (42), followed by DigiByte (DGB) and Globalcoin (GLB). The situation with SHA-256 alternative cryptos shows that eMArk (DEM) is the most profitable, followed by Betacoin (BET) and OpenSourcecoin (OSC). 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. In this guide, I will show you how I do increase my mining power (GHS) for FREE on EOBOT. And how I increase my crypto money with that mining power. First, for people who don't know what is EOBOT? Is a cloud mining service running since 2013. This guide is going to show you how to build an Ethereum Mining rig yourself. Can also try buying a cloud mining contract with. More options and its free! The majority of reviews about this service are quite good and the service seems totally legit. Now, when I started on EOBOT, I didn't know how to use it. The user interface is a little bit misleading when you are a totally beginner in cryptocurrencies. You don't know what to do, and what is the real purpose of EOBOT. Actually a lot of people open an account with eobot and give up on it. Because they just don't understand how to use it. EOBOT is a platform with which you can mining cryptocurrencies and earn coins like Bitcoin, Etherum, Litecoin, Steem, Monero. Generally you have to pay and invest some money to have the mining power (GHS) to mine those coins. But you can also start little by little for FREE on EOBOT and build your mining power for FREE with some little actions. In this guide I will show how I build little by little my GHS power with a new account on EOBOT to earn some coins. 1) OPEN AN ACCOUNT ON EOBOT Click the link below to access the eobot.com website Click on Signup on the right side of the menu 2) BEGINNING WITH EOBOT When you have created your account, you will see a list of cryptocurrencies on your dashboard: Screenshot from my account You will be tempted to click and mine Bitcoin because it's so popular. But the first thing you have to do when you have a new Account is to get some mining power. The mining power is called Cloud Mining GHS on EOBOT, it allow you to mine crypto currencies. The more you have, the faster you will mine and earn coins. The GHS power that you own should be listed on the bottom of the list. If you have a new account it should be at 0. 3) HOW TO BUILD YOUR GHS 3.1) BUILD GHS WITH EOBOT FAUCET To get some GHS, first you have to select GHS 4.0 on the dropdown menu. The GHS item will be selected on your list. Then go in the menu: Products > Faucet A new screen will open with some ads, and a captcha box. Solve the captcha by typing the words. And Click on Get Faucet Reward A few GHS will be added to your account. This GHS power will allow you to mine coins. I recommend to mine Dodge coins first (I will explain later why). Select DODGE in the Dropdown menu on the Dashboard. Then you will see your Dodgecoin balance grows. Of course, you got only a few GHS so the balance growing speed will be really slow. The EOBOT faucet is reset everyday, build up your GHS everyday with this method. When you do the EOBOT faucet, don't forget to select GHS on the dropdown menu before. Otherwise the faucet will add some Dodge coin (what we are actually mining) on your balance. 3.2 BUILD GHS WITH DODGE The second thing to know is, 1 Dodge coin will be given to you every day when you are login in on EOBOT. So the next day, you will receive 1 Dodge coin. On EOBOT, each coins (Dodge, Bitcoin, Etherum.) can be exchanged to GHS power. So I'll ask you, why don't use that coin to build our GHS? You probably understand why I suggested to mine Dodge coins at the beginning. Mined Dodge coin added to EOBOT free dodge coin will allow us to buy more and more GHS everydays. To echange your Dodge coins to GHS do first choose DODGE in the dropdown menu Scroll down, verify that you have DODGE selected in the From dropdown. Then select Cloud SHA-256, 5 year Rental and click Buy Cloud SHA-256, 5 year Rental. Your Dodge coins will be converted to GHS power (for 5 years). Repeat this routine everyday and you will see your GHS power grows. 3.3 BUILD GHS WITH OTHER METHODS If we only use those 2 methods, our GHS power will keep growing but it will take time. To accelerate the process we can use other methods like external faucets and get FREE coins and exchange them for GHS power. But first we have to configure the EOBOT account to receive them. 3.3.1 GENERATE EOBOT WALLETS We want to have a wallet address for each crypto currency that we want to receive with faucets. To generate your wallets, click on Deposit from your dasboard. Scroll down and click Generate on each wallet you want (it may take some time to generate each wallet). After you have all your wallet, we are going to register on several Faucets' websites that I'm using. 3.3.2 Faucets List ★ FreeDodgeco Register an account on Fill the EOBOT dodge wallet address into your profile to receive dodge coin later. Then go into FREE DODGE menu Fill the captcha and click ROLL. You will receive some dodge coins in your FreeDodge.co.in account. This faucet is reset each hour, you can roll it every hour to get Dodge coins. You will be able to withdraw them and transfer them to your EOBOT account, when you reach 100 Dodge coins. Now, that you understand external faucets' website, it will be almost the same routine for each faucet's website. ★ Moon Dodge Moon Dodge is a faucet that allow you to claim Dodge coins every 5 minutes. Open your account via the link below and fill your EOBOT dodge wallet address. You will be able to withdraw your coins when your reach 100 Dodge coins ★ Instant Dodge Instant Dodge is a faucet that allow you to claim Dodge coins every 5 minutes. Open your account via the link below and fill your EOBOT dodge wallet address. You will be able to withdraw your coins when your reach 120 Dodge coins ★ Dodge Faucet DodgeFaucet.com is a faucet that allow you to claim Dodge coins every 3 hours. Open your account via the link below and fill your EOBOT dodge wallet address. You will be able to withdraw your coins when your reach 20 Dodge coins ★ Freebitco All the faucets above concern Dodge coins, but you can also use other crypto currencies' faucets. It's works also. Remember that we want to redirect the most free coins as possible into our EOBOT account. So why don't use them? Here a bitcoin faucet website. Open your account via the link below and fill your EOBOT bitcoin wallet address. You will be able to withdraw your coins when your reach 0.00030000 Bitcoin (BTC) ★ Moon Lite Like Moon Dodge, Moon Lite website is a faucet for Litecoin, that allow you to claim Lite coins every 5 minutes. Open your account via the link below and fill your EOBOT Litecoin wallet address. You will be able to withdraw your coins when your reach 0.005 Litecoin (500000 Litoshi) Of course, there are many faucets on internet and I didn't tested them all, feel free to add your suggestions in the comments if you find some legit ones. 3.3.3 BUILD YOUR GHS BY SHARING AND REFERALS One last method, to grind up your GHS, is simply 'SHARING'. With EOBOT and a lot of Faucets' website (in referral menu), you can share your link to your family and friends to get extra GHS or Coins. For example, in this article I have shared my links ( If you register via my links I will be really happy, but it's really up to you). You can also do the same by sharing your links to your friends. That's all for that Guide on EOBOT, I hope you enjoyed this article and hope that it will help you to get FREE GHS. If you liked the content don't hesitate to share it or drop a line. Great Article! I have been involved in Eobot for a while now and it is not a get rich quick but every penny counts! I feel bad seeing all the O in ghs. I am surprised eobot doesn't have its own guide! Well you did sum up a lot when it comes to the company. Unfortunately Eobot does not give free dodge anymore daily or the five year contracts since the china ban.But you can still collect the faucets, Exchange for the 24hr contracts and mine GHS to increase your Mining Power. Hope This is a good Update. You can also Mine GHS and Coins at the same time if you Check The GHS while mining the other Coins of your choice.First You do need a little GHS Power, Like described above. If you would like to see how I have implemented this strategy than visit my profile here: Thanks for the great steps to help others and great Read! Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. CoinWarz Ethereum mining calculator. Enter your mining rig's hash rate and the CoinWarz Ethereum calculator will use the current difficulty and exchange rate to. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin. [] [] [] Displaying 3,323 expired threads from the past 3 days No. Excerpt 38052969 Your flashlight wasn't working, so I opened it up to change the batteries and saw a female geni [] 38050465 why is there no map like this for becoming chad mode? [] 38052950 HOW THE FUCK ARE ROBOTS EVEN SUPPOSED TO COMPETE [] 38053105 >take picture of myself to text friend my new haircut >one side of my jaw is straight >the [] 38053022 r9k should i shave my head?? People keep telling me my hair looks fine but to me it looks like i [] 38052874 Daily reminder that if you are 1. Straight You are not, and will NEVER be a robot, [] 38049170 Why aren't you gay yet /r9k/? What's holding you back from sucking some cock? [] 38051601 Self Love Thread: What's one thing you like about yourself /r9k/? I've noticed in the few [] 38053136 >that first time you use past tense in a 'that kid' thread and aren't faking it [] 38051626 >tfw reviewbrah is actually a chad [Embed] [] 38052882 Virgin Crispy gf: How can I get a gf like crispy? Where do I look for girls like her? 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. 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. Mine the cryptocurrencies Bitcoin, Dash, Litecoin, Zcash, Ethereum, & more based on the sha256, x11 & scypt algorithm. Check out our pricing plans today! Nothing guaranteed, of course this is only a rough estimate! Do not enter commas, only dots for decimal separator. You can also calculate rented mining by setting “Power consumption” to 0 and “Cost of mining hardware” to the rent per time frame. Default values are for a system of four 6870s. Estimate Strategy Extrapolating bitcoin difficulty or price is pure voodoo. It is much easier to predict the relationship of the two parameters in form of the Mining Factor. The Mining Factor 100 is the value in USD of the bitcoins you can generate if you let a 100MHash/s miner run for 24 hours. If the Mining Factor 100 rises above $2 or so everybody buys mining equipment and thus increases difficulty. If it falls people will stop mining eventually. 3.1 Cloud Crypto; 3.2 Coins; 3.3 Hardware Bitcoin Cloud Mining Lifetime Bitcoin Cloud Comparison Bitcoin Cloud Services Forum Best Bitcoin Mining Website Bitcoin Cloud Mining Bitcointalk Cloud Mining Free Trial Cryptocurrency Cloud Mining Calculator Best Cryptocurrency Cloud Mining Bitcoin Cloud Profit. The estimate starts with the current Mining Factor and decreases it exponentially such that the decrease accounts for the factor decline per year. Please note that a profit/loss by holding the coins is not accounted for in this estimate. Things to consider that might eat into your profit: • The values above are only a snapshot. The network and markets are moving quickly. Check out to get a feeling for it. Looks like if your mining operation is not profitable now, it probably will not be in the future. • With rising bitcoin exchange rates it might be more profitable to buy bitcoins than to mine. There are spreadsheets available in or (with some FPGA data) for a more custom calculation. Bitcoin exchanges:,. • The calculation is based on average block generation time. The closer the average generation time is to the time frame the more the resulting revenue depends on luck. • You will have to pay mining pool fees from close to nothing up to 3% depending on the pool. Unless you want to do pool hopping you should go to a pool with hopping protection. I recommend and (with namecoin merged mining). Is a new completely decentralized alternative. • You will get somewhere from 1% to 3% of “stale shares”.. • The Bitcoin block mining reward halves every 210,000 blocks, the coin reward will decrease from 25 to 12.5 coins; Reward-Drop ETA date: 09 Jul 2016. This might partly be compensated by falling difficulty, raising prices, higher transfer fees, etc. • A mining computer generates a lot of heat as a byproduct. This can impact your heating/airconditioning costs depending on outside temperatures. Other byproducts could be noise and an angry wife. • Do you have lots of experience with and like working with computers during lonesome nights? You have to spend quite some time to set up the system (easily several days!) and watch it. • You will not get a 100% uptime. • You will probably not be able to reach the highest values in the. Some bragging / measuring error and extensive overclocking of the cards is involved here. Note ClockTweak, a win32 command line overclocking/underclocking tool powered by bitcoinX. • Scaling effects: three cards in one rig do worse than a single card because it gets harder to get out the heat. Results in the list above do not reflect the number of cards. • A disruptive technology like ASIC chips could show up and make GPU mining less profitable. • Politics and legal issues might affect the bitcoin market. Possible additional benefits: • With you might be able to squeeze out a little more or be able to register a couple of.bit domains. • You might be able to save heating costs when it’s cold outside. Some people use watercooled rigs for floor heating. • You can use your rig as an internet radio or media PC or a server in general. |
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March 2018
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