BITCOIN FARM

Friday, May 27, 2016

Crypto Currency Mining 101

          This blog post is to rebuttal a troll. Yes I already know most trolls are stupid and paid for to discredit anyone, or anything that works for the better of humanity, but Tilp66 or whatever im about to tell you drink more fluoride and become more idiotic as I show you the light.


Let us go to the main passage I always state, “ The People have control over their own money.” Now with that control comes what?...... Responsibility. Self Responsibility is the answer. Now we covered the three jobs or functions mining does to earn coins

1. Production of hashpower by solving math
2. . Secureing the network providing stable security for the peer to peer network
3. and finally accounting by maintaining the open source ledger the Blockchain.


We will be dealing with just the one in this article #1 Production of Hash Power.

This currency gives us the chance to get back to our roots. We were a country and a world backed by production. Lately with the Federal Reserve, bankers, elites we have become a consumers nation. We have not really produced anything until now.

Let us take for an example you have gone to a pawn shop and was lucky enough to find an Alien ware desktop computer quad 7 processor with a radion 720 graphics card added. Here in Las Vegas that would not be uncommon because some people are addicted to gambling and pawn things they have no idea what they had. OK, for the sake of this example you get the computer home set it up, install the mining software and choose the pool and coin you are going to mine with your GPU, graphics card. You do this on Saturday morning, and start the miner and go about your business.

The next week comes around and for the entire 7 days you notice that you made a grand total of $20.00 for the week including the work on the faucets for the assist. This does not mean that Bitcoin does not work. This is production boys and girls. You will be paid the right price for the amount of production of Hash Power you are producing into the network.

Now we know it is our responsibility so we need to first figure out how much a week we need to have to live on. I, just like those that are smart in this game live in places where the electricity and all utilities are included. My rent is $336. every two weeks or $670 a month. This means I need at least $400 a week only for basic needs. Food shelter and clothing. I have other income to buy luxuries, and have fun, but we are not covering that now.

So back to the weekly of $20.00. I know another computer will not produce any more hash power, in fact, it may only double it to $40.00 if I am lucky. So I look for an ANTMINER 460-600GH/s far better than 365 KH/s Now we get an antminer S3 they are not that expensive anyone selling them over $40.00 now is a criminal because of all the super new ones out, that make you convert your plugs to 220. This is why I like the S3.


Ok so if you remember when Bitcoin was getting very popular I said it was like a job if you plan on not receiving a paycheck for the first month you will be ok. Think about it this way. You go looking for a job. You apply online, then 1 week later you get called for an interview. You get an offer, but they are now doing the criminal background check. So far two weeks have passed and no pay yet. The back ground check comes back a week later they schedule for a drug test. 48 hours later you pass the drug test and they get you to start. Your first paycheck will be in two weeks. THAT IS FIVE WEEKS WITH NO PAY. It is the same darn thing.

Now back to the mining. You get the first antminer home set up to sell hash power that pays you in bitcoin weekly. Remember this is all High figuring, but it is an easy example to get you to understand and the math is on tens so it becomes easy to add up. The first week with the GPU, the Antminer, and the faucets as the assist nets you $150 for the week. Now you see the difference but that is still not enough calculate what the Antminer did by itself in production and then you can get an idea of how many more you need to run that if you want to take a trip and not do the fauce6s for a few days it will not matter because the Antminers have the ratio.

Let us just say for easy understanding that you have come to a logical, and mathematical decision based on addition that you only need 3 more Antminers to make what you need. Get them set them up configure them and off you go.

The true moral of this is not the mining, it is the fact that you are in control of your own pay, you alone are responsible. Do you get it now? If you are not making what you need IT IS YOUR FAULT FOR NOT UNDERSTANDING MATH.

Why Cryptocurrency surpassed the test.


Remember back not to long ago when nerdbux, and neobux were thought to be the money. They really were not even close. The purpose of making money on the Internet was to get a weekly pay, not a pay that will come if I spend hours upon hours for half a penny.

What Bitcoin has done was to allow the miners to collect a weekly paycheck while using the faucets for a daily assist to their earnings. Neobux could never come close to this. The very reason why it was so difficult to earn money online was because you were still focused on the same currency controlled by the elites and the central bankers. This was like trying to play a chess game against them and they only gave you two pawns to use against all their pieces. There is no logical way the average man can win.

Cryptocurrency changes the game and levels the playing field, now we have all the pieces on the chess board as well, which if you think about it, gives you the fair ability to make a life that you did not have before. This was mainly because they control the printing of money and not to mention how much they paid themselves during every financial crisis. Believe me they ate fine while the majority of Americans as well as people around the world struggled.

Miners, which are the people, determine the value of the coin by mining it and using it. This is truly the main reason why BITCOIN is the people's money. We are in control. Miners work and it is through the computer work they earn.

The main reason for this article was to show you the difference of every pay to click bogus site of the past as compared to real currency that we have the control. It is a big difference. Want to help keep the knowledge flowing? Would you like to take back our education and free us from MONSNTO the jerk, donate to the cause. We are in the midst of decentralizing education to free the minds, but as you can imagine im on an upward battle but I will not give up. Hey im a Taurus im bull headed when I see something that needs to be accomplished.

If you want to donate go to the about me page and you can donate cryptocurrency and put what you are donating for. There is openings for suggestions to.

Fixing a problem of a pool mining the wrong coin

This post is going to cover an email I received concerning the fact that a fiend of mine entered his doge coin address in a pool and when he checked the particular site, for some strange reason it was mining unbreakable coin.

Let us remember that this in retrospect is program able money. With that being said  let us go through the steps with bfgminer. This works on most other mining programs. When you start bfgminer you will enter the url for the pool. Then, if you are mining dogecoin for example, you enter your dogecoin address. After you hit enter again it will show password, there is usually no password for p2pools or most hashpower selling sies, so just type the following:

px c=doge

This will prompt the pool that the coin being mined or paid is dogecoin.

I hope this was useful

Thursday, May 26, 2016

The Best way to use Faucets

  There are many questions of if you can use faucets to make a living with crypto currency. If you use them alone, then the answer is NO. There is a way that utilizes the faucets for what they are suppose to be used for and that is an assist.

 Everyone knows what an assist is, even those that have their nose stuck in a basketball game. Let us take a look on the best way to use the faucets to assist the income.

  Let us look at an example. Let us say you are using X11 to mine Dash (Digital Cash). This would tell you the faucets you will use an assist to gain more income to your mining. You will do the DASH faucets. The more DASH faucets you do the better the assist to the mining income you will receive. The same goes for any coin you are mining, you always use the faucets of the exact same coin you are mining to multiply the income.

 It clearly makes no sense to be mining DOGECOIN and do peercoin faucets. I am sorry but the peercoin will be sitting in a wallet and DOGECOIN in another wallet. If you exchange the peer then you have to pay fees and then when you send the dogecoin you have to pay fees, so knowing that there are fees, would it not make sense to do the one time fee trade instead of several?

Im not saying if you want to save coins like a savings account that you shouldn't do that. I am saying that for income purposes to live on you need to organize your mining with the faucets you are doing. Some sell their hashpower and get paid in Bitcoin, then do the bitcoin faucets to the exact same wallet.

The person that stated he only made enough to get beer at the end of the week, really had no understanding of math. Just because One person Fails, does not mean all will fail. The intelligent people already know how to make this work. There are several of us that are making this work.

If you like the information and would like more in the future let me know that the information is appreciated. You can always donate to the cause. I accept Bitcoin, Litecoin, DASH, and Dogecoin

DOGECOIN:   DEtpgkFpPnje6opmYNFqYuLaTQwy56zhwJ


DASH: Xujzv1GZsbqYVLh78T8oK9PU6we9FUWn1H

Bitcoin:   3Jusigzw7MgUaSJX1brE5TkNPpMnGGjbzy

Litecoin:    
LhAfhXLv1mG9iuWZPidFfqpWUME1KuVjVz    

Tuesday, May 24, 2016

Mining with a purpose

The one thing that I have done here is set up a do-it-yourself automatic depositing savings account.

 What I did first was to download the Tekcoin Wallet. I did this because Tekcoin is one of the currencies that has no limit on how many coins. Once I ran the wallet I let it sync up and after it was synced to the network I encrypted it,as well as unlocked it for staking only.

Once that main step was completed I ran my bfgminer program that I had set up to mine Tekcoin to my wallet using the address for that wallet.

Now coins are coming in automatically every so often, and when they get to a certain amount they will stake or add interest.

This will continue to deposit Tekcoin into my wallet and stake without me having to do anything at all. Think about it, I have a fully automatic depositing savings account.

Crypto Currency The Road to freedom


I have been in the CryptoCurrency aspect of life for almost 3 years now. I have not let the skeptics sway my decision to get into this field. The reason is the open source code shows that this currency, free from the crooked Central Banks Works so much better, and yet being backed by raw mathematics, allows this currency to be perfect. Sure there will always be those that have no brains and want to do bad, but that is not the majority, that is actually the minority.

If you think about it, the US Dollar has bought more drugs than the crypto currency would ever be able to keep up with. So let us look at this from a logical perspective

Benefits:

Crypto Currency in itself is not governed or controlled by any central bank or government entity.

Crypto Currency is inflation proof. The program software already has the limit of each specific coin. Bitcoin being the standard is the central point and acts as Networking gold.

In the event of an economic crisis that the Central banks cause, crypto currency users become officially immune and can continue to purchase day to day items strengthening the economy.


So how is crypto coins produced?

Crypto currency, such as Bitcoin, is produced by a process called mining. Mining is the process where the miner actually does three things.

1. The Computer or miner is used to solve very highly sophisticated mathematical computations producing what is called hash power.
2. It is this Hashpower that in turns secures the network also providing security to the network.
3. And finally, each miner verifies transactions that are made on the network which keeps the record on an open source ledger known as the blockchain. In reality this means every miner keeps the books which prevents a lot of headaches. This is how they earn amounts of coins which then brings new coins into circulation.

If you really think about it, if all were smart the central banks would be illegal because they can manipulate books, records, and documents which would benefit them. The Blockchain PREVENTS such tampering allowing this to be the true peoples money to flourish the economy.

OK I would love to be involved but my computer is terrible.

There are so many sites now where you can mine crypto currency on the network. This is called cloud mining. Most intelligent people in the mining game, at least here, live in places where electricity is included. This allows the most productive and profitable mining resource. If you are not in that category there are a number of sites that you can start for free. And you will never have to pay phony us dollars to upgrade to make more money. Let us look at one site TOPMINE
This is a site that you can choose which currency you want to mine. If you choose to invest the investment is done different. You exchange the coins you want to invest to Tera X or hashpower coins this will increase the speed of your mining. The More tera X coins you have the faster your currency will mine. Obviously the faster your currency mines the more you will make.

The crypto currency world is suppose to be eager to help all to achieve financial freedom so life can be about living. There are some that do not. I for one do not use wallets that do not support what crypto currency is suppose to be. I do not support Coin Base or a few others. I do however support Electrum, and XAPO bitcoin wallets.

I hope this gives you an understanding that just because you may own a computer from 1984 does not mean you can not earn. Join the real peaceful revolution, get on board to be able to not only live life the way it was meant to be, but get on board to make a difference in strengthening our economy.

Thursday, May 19, 2016

The Gamers Currency Part II

          I know I have said this before when the ore-mine.org was legitimate, as well as the bitfactory. The truth of the matter is, their formula worked. Let us think back to what it was, if you invest in yourself you will see a great return.

       OK so now with that being said, Let us forget any site that offers it easy, and think logically. This currency IS the currency of the future. With that you must know at lest some math. Let us go to the game Warcraft Once again, remember the peons going back and fourth from the gold mines to the town hall which gave you the gold you needed to expand and upgrade your armor? Well here is what you should have done when the ore-mine went rouge, You should have got yourself an Antminer as your gold mine. Now there are several versions and upgrades in mining bitcoin or any other Alt coin, but I prefer the S3 because I am able to use it well and I have a pattern I follow that has worked for me.  First let us go over the basics.

The Antminer S3 is 330 Watt power output that has worked between 450-600 Gh/s for me on two pools. The power supply I am using is a 600 Watt power supply which is almost double the output of the actual Antminer. I know a youtube video was brought up that the S3 does not work with a 600 watt power supply, but that is false. By basic math you learned in the 4th grade you should know that. Look at this formula:  330<600. 330 watts is less than 600 watts, so a 600 watt power supply is perfect fr it. The above picture shows that the Antminer is connected by 2 PCI-e inserts, as well as the power supply is connected to the mother board. ( I actually usually have it all packed up in the computer but it was easier to show the assembly.)

There is a setup proceedure to put in the pool and port as well as your address of the coin you are mining, if you are selling Hashpower you can get paid in Litecoin, Dashcoin, Bitcoin, as well as a few others. I run two pools on balance, which mines two pools simultaneously.


             The moral of this is to not trust a person, but trust in yourself. Bitcoin in itself is the freedom of the people to make their own currency, as well as to learn this system to see every application that bitcoin can provide for what they want. Life is about living, not about being slaves. Learn this, accept it, and embrace it. The more you know, the more you do, the more you will receive.