Autofaucet.org

Friday, March 31, 2017

BITCOFARM




                       Bitcoin Farm is a game where you view advertisements to earn Points. You then convert those points into actual BTC to Your purchase balance. Once you have enough in your purchase balance to purchase a chicken you can collect eggs everyday and actually earn real money.

                          The more chickens you have the more eggs you collect and sell, the more money you really make. So here is a question, Why on earth would you hang out on facebook all day, play games that you do not get anything in return, except of course bug eyes from staring at the computer too long.

                               Games are fun, and always take them into consideration, but why not play and earn when you have free time to do it. The choice is yours


                             When you want to have fun, and actually earn from playing then you can go here

BITCOIN FARM PLAY NOW

Bitcoin Unlimited Is not good for the industry.



On March 15, 2017, a Bitcoin Unlimited Node crashed due to a bug. This information was censored, and what is more disturbing is the fact that this was a need to know to the entire community. This censor clearly shows that the Bitcoin Unlimited Team is not on Board the Cryptocurrency protocol of open source and uncensored networking.

This willful defiance of integrity proves that this Bitcoin Unlimited Will fail because they do not have the protocol, and backing that Bitcoin core does. There is a reason Bitcoin core keeps on going stronger, is the open source and community that makes things public to keep this currency getting better.


  For more information on how this censorship of the bug was kept away from public knowledge, which should have been immediately informed in order to fix it, you can see this article here:

Wednesday, March 29, 2017

Mining Breakdown-Why Hashpower is not full proof


There are still so many people under the false assumption that the more hashpower you have, the more you will make. This statement will be proven False today, and it will also show that the companies that make mining multiple pools in their miners will corner the market.


First let us take mining itself. The Difficulty of the math problem is based on the miner you have. This is no mystery here, but did you know that you are not being paid 24 hours a day? That is right, you are only paid for accepted shares. If you have ever watched a GPU miner go through it's cycles you will see some interesting things right in front of you to show you what is truly happening when you mine.


Let us look at a picture of a GPU miner on SGMINER.

The first thing will we show you is the difficulty. This is the difficulty of the math problem being sent
for your miner to solve, obviously an Antminer S9 would start at a higher math problem difficulty, and that means more often it would come to a difficulty level it would have problems with. This would then force the miner to request work update and lower the difficulty. You will notice this on the pool when your hash rate decreases. That does not mean your miner is not working, it means it came to a difficulty level it cannot handle. So it will lower the difficulty rate for you to again be accepting shares. Through all of this You are not being paid.

This is why you mine multiple pools, the other coins being mined will be doing the same thing, however, since the difficulty is lower in some cases, it creates a failsafe so that you are still earning from one pool or the other.

Hashpower is fine, but the mining process is the same. You only get paid from accepted shares. This is the main reason it is called proof of work. Proof of work does not mean your miner is turned on and working. Proof of work means your accepted shares, or work completed is what you are being paid for.

To go into detail a little more if your difficulty is set to 120, for example, that means your miner will be working and once the 120 shares is completed you will see something like this

[2017-03-29 09:47:06] Accepted 96c0adder Diff 249/120 GPU 0 Pool 0

In other words the date and time the accepted shares were completed shows they are accepted and the block number it was worked on and the difficulty was 249 and you completed all 120 shares with the one GPU at the pool 0

So I cannot stress this enough, the myth of hashpower will never produce your fruits like you think. It is based on the myth that you are getting paid 24 hours a day when you are not.

I hope this breaks it down a little better for you to fully understand the mining process.

Tuesday, March 28, 2017

SCAM SITES-DO NOT USE THESE SITES

Today we are going to try to educate those that are new to the world of Bitcoin. There are some pretty stupid sites out there that do not fully understand that this currency is free and should be done differently. Let us take the first one

BITMINER.IO


Bitminier.io DOES NOT PAY. Despite what maybe just themselves stating they pay, they do not pay here is one whole month of request and to date not one payment. This moron actually believes that any intelligent person would give anything to him if they cannot make it first is ludicrous. We all know the legitimate sites pay you out free so you can turn around and invest what they paid into it. Here is proof as well as what another scam review site said.





                           BITCOIN MAKER/ BITCOIN MINER/ Bitcoin Generator


 This site is a complete scam. First of all everyone knows that miners generate new coins and the mining fee is actually transacted when you send the coins to the miner's wallet. This site will go through an act like it is mining, then it will come up with a QR-code for you to send coins, when we all know it does not work that way. THESE IDIOTS are spending advertisement money for their fake site. It is ok find out where they are advertising use the faucet and take their money. Sooner or later they will not be able to afford the advertisements and they will go belly up.



Doing what I can to educate the newcomers so they do not make the same mistakes we all did and can make a good living free of scammers.




Monday, March 27, 2017

Cryptocurrency Mining 200

We have already explained in past articles that the way to mine was to only add up satoshi I will go through this and mind you I have 1 more bitcoin being mined as well, however that photo was too large so I just used the Litecoin photo.


 Let us start with those pools that we can mine with the Antminer S3 on Load Balance first.. As you can see by the below picture, I have outlined 3 pools that I mine and you will not that on the Inferno pool I have a Litecoin address. This is because it is a multi algo pool that has great hash power as is, and I am requesting that I be paid in Litecoin. The other two pools are bitcoin.


 Now let us go to the other two pools. I am mining Bitcoin, one pool I can not show but you can see another pool I can show. I used to mine P2pools, but it seems that the payouts are too long between. Remember I said you will have to find out which pools work for you.

Just from these pictures alone you can see that the adding of Satoshi is a lot faster than if you are just plugging along mining one pool. Now let us show you the pools I am mining Litecoin on with my GPU. Remember the GPU is the assist.

So the math formula I am following is broken down like this I am mining three addresses of Litecoin and 2 bitcoin. Let us not count the 2 Cloud mining sites. Just let us count these. I have 1 staking wallet that I gain interest and when the coins reach a certain amount I trade to potcoin usually once or twice a week. And I made it easy for myself because 1 of the bitcoin pools mines directly to my electrum wallet which I get paid out every other day or so which gives me a little petty cash to spend if I need it. So the formula is

coins=5, 1 staking wallet 30 days coins times the number of days added to the interest or stake times the number of days.

    1. *30 + (I * 30)
It is easy as heck once you understand the dollar and all fiat currency is FAKE and a lie. The only thing that matters is math since bitcoin is backed by math.

In conclusion please remember this, Math is perfect, people are not.

Sunday, March 26, 2017

A History Lesson-Bitcoin Not A New Idea...But...

 When it comes to Bitcoin or any other Cryptographic Currency, many people look at it as a new idea. The truth of the matter is there are no such thing as new ideas, only new applications of an old one. Bitcoin in itself is similar to the currency that was printed by the original colonists. This money was known as colonial scripts. It was interest free money that was printed and worked well. Here is an excerpt from a site which tells this history:

By the mid 1700's Britain was at its height of power, but was also heavily in debt.

Since the creation of the Bank of England, they had suffered four costly wars and the total debt now stood at £140,000,000, (which in those days was a lot of money).

In order to make their interest payments to the bank, the British government set about a programme to try to raise revenues from their American colonies, largely through an extensive programme of taxation.

There was a shortage of material for minting coins in the colonies, so they began to print their own paper money, which they called Colonial Script. This provided a very successful means of exchange and also gave the colonies a sense of identity. Colonial Script was money provided to help the exchange of goods. It was debt free paper money not backed by gold or silver.

During a visit to Britain in 1763, The Bank of England asked Benjamin Franklin how he would account for the new found prosperity in the colonies. Franklin replied.

"That is simple. In the colonies we issue our own money. It is called Colonial Script. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers.

In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay to no one."
Benjamin Franklin 1

America had learned that the people's confidence in the currency was all they needed, and they could be free of borrowing debts. That would mean being free of the Bank of England.

In Response the world's most powerful independent bank used its influence on the British parliament to press for the passing of the Currency Act of 1764.

This act made it illegal for the colonies to print their own money, and forced them to pay all future taxes to Britain in silver or gold.

Here is what Franklin said after that.

"In one year, the conditions were so reversed that the era of prosperity ended, and a depression set in, to such an extent that the streets of the Colonies were filled with unemployed."
Benjamin Franklin

"The colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction. The inability of the colonists to get power to issue their own money permanently out of the hands of George III and the international bankers was the PRIME reason for the Revolutionary War."
Benjamin Franklin's autobiography

By the time the war began on 19th April 1775 much of the gold and silver had been taken by British taxation. They were left with no other choice but to print money to finance the war.

What is interesting here is that Colonial Script was actually working so well, it became a threat to the established economic system of the time.

The idea of issuing money as Franklin put it "in proper proportion to the demands of trade and industry" and not charging any interest, was not causing any problems or inflation. This unfortunately was alien to the Bank of England which only issued money for the sake of making a profit for its shareholder's.


1. Congressman Charles G. Binderup of Nebraska, Unrobing the Ghosts of Wall Street 


Read more on the History of money here   http://www.xat.org/xat/moneyhistory.html

Friday, March 24, 2017

MINING With ANTMINER S3

I know I have said this before, but there are too many people that put all their trust in getting a powerful miner, wasting money, and if they are not smart enough to live in a place where All utilities are included they will never profit. To be frank, the LOGICAL STATEMENT IS, “ Never put all your eggs in one basket.”

I have never used the Antminer S3 to mine one coin, in fact I mine all three of my pools consecutively. Let me explain why.

First, every intelligent person in the game knows it is not about Dollars or any other fiat currency. Second, we all know it is only about adding up Satoshi (Bits, mBits) so there is only one way to get the most at a time.

The experiment and S7 running 24 hours a day, since it was built stupid and you can only mine one pool, mining Bitcoin only produced 0.00500000 every other day. I dont care what you say that is not adding satoshi,

I mined on a Multi algo pool with separate addresses to a lesser coin and got the equivelant of 0.00600000 daily. That is a fact because I was able to trade it to BTC and it showed I earned more. Why? Well it is simple there was more than one basket for one, and two the satoshi income was multiplied by 3. We are still not counting my 2 gpu systems and my 2 cloud mining sites. We are also not including my staking wallet.


 There are several Multi algo pools to choose from, you will have to find which one works for you. I mine a coin that has a lesser math difficulty and I do well. Do not listen to the hash power people they are wrong, the name of the game is add the satoshi only.


Do Not believe the rumors




                     There is a lot of speculation on things that are going on with Bitcoin, I am here to tell you that no matter what things are not like they seem. First of all the cold hard truth is those individuals that seek regulation for bitcoin are criminals. Understand this all banks are criminals, they use regulation as a scapegoat because the banks themselves were laundering drug money. This currency can never be regulated, ever. The only regulations that can be done is against individuals doing crimes. My advice use it right, how hard is that?

The bitcoin unlimited group is out voted on all major exchanges, the truth it will be looked at as an Alt coin, now that is good because there will be no split, and the bitcoin unlimited will have it's own unique blockchain. I for one do not agree with them neither does a lot of programmers I know.

Second we must address china going to them. It is no secret that China is not the king of miners any more, India is taking that lead. All that needs to be done is more nodes, more mining and more markets in India and the top country will be India, there will be no notice of china gone. Look, China has one major flaw, they try to centralize everything, they backed their money by gold, did we not do that? Did not the elites steal the gold? It seems to me that China has not learned from history, and they are doomed to repeat history. In other words China will also fall prey to the elites stealing their gold

In order to assist people in understanding that there truly is no competition between coins, it is the same thing, only each coin brings the developers own spice to the table. I have submitted a solution that can prevent any attempt to centralize this currency again. Let us see what happens.

Saturday, March 18, 2017

A site to help beginners get Free Satoshi instantly to invest in themselves

 We all know by now that the income is directed from Mining, but there are fee Cloud mining sites that you can use to assist you as long as the persons stay legitimate. I will give you a website that you can do in your spare time to earn free Satoshi Directly to your XAPO wallet and then when it reaches a certain amount, usually within a week or 2, you can then take that free money and invest it into more hashing power.

Here is one of the Cloud Mining sites that you can sign up for free

Minegate Remember as long as you can earn for free, there are great rewards, and you may miss an opportunity. All cloud mining sites may not last forever, it is only if they pay they are listed here now.

here is the website to earn from XAPO Faucets directly every so often

http://mrfluet.wixsite.com/moneyoutlet

Do Not Listen To False Information


There are certain fools telling you not to exchange your Bitcoins, but to hold onto them until 2020. That is the most illogical statement one could come up with. For 1 There are no guarantees that you will live until 2020. That being most important would be a way to ignore such nonsense. Secondly, The way Bitcoin keeps earning it's value is to mine and use them. Constantly trading for other Alt coins in the exchange is what keeps the trade value up. If you do some thinking you will see that only a fool would hold onto them. You need to mine and use them all the time.


If you have one Bitcoin and put it in a staking wallet it has more of a potential to double. If you set aside a staking wallet just for savings and place 1 bitcoin into it, guess what? By 2020 you may have enough interest that would land your 1 bitcoin to be 10 or more bitcoins. There is no logical reason for holding onto them. To keep the trade value up it must be exchanged everyday.

Thursday, March 16, 2017

Cryptocurrency Knowledge base.

             Today we are going to explore the fundamental flaw in people's thinking when it comes to living on cryptocurrency. What the frame of mind should be is when it is staking in the wallet your paid, and if you do not need it leave it in the wallet to keep gathering interest.


                 Let us think about how illogical it is to just place your bitcoin on your debit card every two weeks or every month,if you are lacking in pool mining. So you have your bitcoins on your card, they are not gathering interest, they are not working for you and you are in the same boat as if you were given a paycheck. This is the flaw with working. Not only has science proven that people that work an eight hour day is unhealthy, but the money is in your face and you spend it.

             Do you not remember the intelligent quote, “ The major reason why the middle class and poor struggle is they buy luxuries first, where the rich by needs first and luxuries last.”



            Now let us analyze the right strategy. After your coins that are mined are payed to your wallet, you need to determine which staking coin is a more stable coin with good stake. Then you trade your coins you have mined to that coin and send it to that wallet and let the coins stake.


                    What you need to do is always leave your coins in the wallet, and only withdraw what you need at a time, which will leave the rest to continue earning stake/interest. By doing this always you will see


that it is much easier to earn a good living, rather than the old way which forces you to basically exchange all your hard earn money to give it right back to the criminal bankers. You now have the opportunity to keep money in your Bank. The Bank of you. You are the Bank. You have control.

Now that you see you have control, why not use self-control and leave what you do not need in a staking wallet to earn interest. The stake is really better than a savings account, and you will never be charged an inactivity fee. Now is the time to understand this a little more. Time to really be in control. This was basic knowledge base, and now it is up to you to determine your life.

Tuesday, March 14, 2017

BITCOIN SHOWS NO SLOW DOWN


These stories from other sources are a great way to show more proof that Bitcoin and other Cryptocurrency is not showing any signs of slowing down anytime soon. Due to all the flack it clearly shows the Blockchain technology is cutting edge in financial freedom for all. As the demand grows worldwide, it shows that this currency will be a driving force in rebuilding world economies, despite all the false propoganda.

  As you can see proof is worth all the money in the world. Bitcoin represents true freedom, and all these new markets are just waiting for creative minds to open up a whole new innovative world.


NASDAQ Helps NYIAX with Blockchain Technology to Create an Advertising Exchange

Bitcoin's underlying blockchain technology has created a new milestone. The digital currency technology is now being used to power an advertising contracts trading exchange. The New York Interactive Advertising Exchange (NYIAX), set for launch during...


More Weekly Trading Volumes For LocalBitcoins As Global Demand For Cryptocurrencies Keeps Growing

No one will be surprised to learn last week was filled with more trading volume records for LocalBitcoins. Global demand for cryptocurrency is not slowing down by any means, that much is certain. New ...





http://www.newsbtc.com/2017/03/14/purse-blinktrade-partner-focus-untapped-bitcoin-markets/



Bitcoin companies have to fulfill their duty of promoting the use cases for cryptocurrency. Purse, a company well-known among bitcoin users for their Amazon shopping discounts, announced a partnership...



Saturday, March 11, 2017

To all the People that do not understand the ETF of Bitcoin


The Exchange Commission disapproved the trade on ETF simply for a section of surveillance marketing. This is the very thing that we wanted out of our money. They cannot regulate it so therefore they will use the terms of underhanded or shady people. The best thing is that it was disapproved.

Look, the old ways of trying to have a central authority is the very reason The world is in the sorry state it is in. Yes we can fix it, however, we cannot fix anything so long as people still hold on to the ELITE ways of thinking. Let us take this example. You own a casino, and the US dollar crashes. No big whoop, switch all the ATM machines to BTM machines, get a type of paper currency used in the same faction that chips are used at the table. The Dollar being limited or crashed will not effect the Crypto currency economy.

We do not want the old regulations that will centralize any currency. To do this would keep power in the hands of a criminal few. We like Crypto Currency EXACTLY the way it is. This way all ideas are on the field. You can open up a business take crypto currency only as payment, and flourish no matter what they do to their dollar they print. After all, It is we the people that make the economy, and the Economy only is what truly makes a country great.


 Stop all morons from trying to get this currency centralized because it can never be centralized. It is free and clear away from those that live their lives for greed and lust. This currency is the one currency that allows you to have financial freedom, and truly make a positive impact in the world by ACTION.

Friday, March 10, 2017

The Elites are Failing—BITCOIN and all cryptocurrencies are here to stay.

What The Elites foolishly thought of as a joke, has quickly turned into one of the greatest weapons to start their downfall. The Global Elites have, for many years, controlled the U.S Dollar, causing Inflation and many other factors that have kept the American people spiraling downward to poverty.

The Federal Reserve Bank, which is a private Bank, and the Crooked I.R.S, that is not even a Government Agency, Collects the Tax Dollar for a private bank. This was the greatest theft in Human History.

Those Days Are over. As it was stated, This currency is Decentralized, which means, no One person or entity owns the Blockchain technology. Therefore, it cannot be stopped or regulated. The Government, nor banks, nor any other agency can regulate it. This is simply because they do not own it.

What is more Important, is that this makes the currency in the control of the people where they no longer have any power over the masses. If you remember back in November of 2015 the main man of J.P Morgan and Chase said that Bitcoin would be stopped. Now we can all laugh at them because not only is it still going, but it is thriving.


 What most of the common people are not thinking about is the mere fact that when you take the control of our money away from these idiots, then they have lost all power over the people. Welcome to the real world Elites, We are in charge now, have no illusion, we are in control. This is up to you. The truth of the matter is, One person cannot truly make a difference, however, it is true that one person can plant an idea that will take the world by storm and as a collective we all have the tremendous power to change the world we live in. Stop doing the old Paradigm and get on-board for the true Revolution of Humanity.

CONCLUSION of the BITMINER site Investigation


I have gathered enough data to close this investigation. The site Biytminer is a scam. Just like so many websites out there they try to lure you in to investing your free money so they can basically steal it. Listen to me You only have to set up miners, then from the amount that clears and is sent to your wallet get a stable P.O.S (Proof Of Stake) wallet where you can exchange the coins being mined to that coin to get interest and let it continue adding Satoshi for you automatically.


 The Old Thought patterns of investing are dead. You can finally be in full control of your future. Please take my advice and only rely on your self. The picture of the pending transactions that will never come are below. I did not invest and I would not invest MY Bitcoin. If anything I would invest their Bitcoin that they paid. If any site will not let you cash out free, or invest what you earned free they are not worth the time.


Thursday, March 9, 2017

CRYPTO CURRENCY is a Great tool to fight the same enemy.


What will happen March 15, 2017?


CRYPTO CURRENCY is a Great tool to fight the same enemy.

MARCH 9, 2017- What is going to happen March 15, 2017? This Video News article gives some insight on the history of the Anniversary of March 15 being significant for the Rothchilds. I do not discount the fact that Fiat currency is controlled, it is about time to go to Digital Currency and understand that this currency is a fight against the same enemy.

Listen to this and you will understand, It is time to not trust the dollar.





Cryptocurrencies are the best game changer, The powers to be will fail.