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Showing posts with label BCH. Show all posts
Showing posts with label BCH. Show all posts

Thursday, March 29, 2018

Patience, If you just continue using crypto only you will be immune.


Recently George Soros was interviewed on the topic that the United States Dollar will collapse. This would, as he foolishly thinks, cause great economy crash. We here in the crypto community knows all it takes is for companies to switch to the crypto debit, bypassing all banks, and we would not be hindered in our lives.

By the way, why would any one listen to an individual that actually turned over his own people, and family to Hitler in WWII?




The trick is to let the crypto currency prices settle after all the ICO hype, and get back where it should be. Then continue mining and using it with full control of your wallets and shapeshift app. This way you will be able to have self ownership.

Also, if you even have just a fraction of a brain, you will truly realize that a wallet cannot be used by any other agency. It cannot be screened to see how much you have in the wallet, it is encrypted, and the address changes with every deposit, just as the sending address changes with every withdraw. So the actual announcement is now looked at as from a person that has no education on crypto currency at all.

Continue ignoring the price as the price settles you will see that it will be actually balanced. That is the reason for mathematical protocol. With the ever increasing number of people waking up to self responsibility, ignoring the corporate media, and idiots that foolishly take an anti freedom side, or too stubborn to just realize you do not have to give up any of your rights, no matter what others say, the people that are looking into crypto will be ever more knowledgeable, patient, and self reliable than any of the people that are not into crypto.

If one thing the crypto currency should have taught you, is that you and you alone are responsible for everything good, and bad that happens to you. Crypto shows you how to be self reliant, and that is real wealth.

In closing those that are wanting to learn crypto are the ones that are tired of others trying to make what they want, and are truly realizing that they have all the power within themselves and do not need any one else's permission to live life., These are the true leaders of tomorrow.

Ignore the media, ignore George Soros, and live life free and self responsible.

Monday, February 26, 2018

Mining Bitcoincash


Mining Bitcoincash (BCH) when your address format is not recognized

The bitcoincash network has went through an address change. This new format of address may not be compatible with mining BCH, however there is a way to circumvent that. First you will need to do the following:

Go to the official lightweight wallet authorized by bitcoincash: https://electroncash.org/

download the wallet and set it up.

Once you have the wallet setup you will have to click on the Address converter tab, paste the bitcoincash: address and you will see different encryptions of that same address. You will need to use the legacy address in order to mine here is what the tab looks like



 
You will need to type the address you wish to convert in the top and then you will need to use the legacy address in order to mine on some sites.



As you can see the address is now the same exact address but it is encrypted in multiple formats to be used with any type of wallet or mining site.

This way you will not have to pull your hair out and not know how to get the coin to the wallet you want.

Friday, September 1, 2017

CRYPTO EQUALS HUMANITY HELPING HUMANITY


MULTI-POOL MINING

Introduction

Mining Farms are believed to help keep the crypto in circulation, and for the most part this statement is true. The problem is that smaller mining operations have found a way to be more profitable and use the real life lesson of Humanity Helping Humanity


How Pools like ZPOOL.CA actually work.

Miners running mining farms do not want to keep upgrading their hardware, spending more to keep on top of the difficulty rising, so they have figured out a way to funnel Multiple miners running whatever power they are running, usually within a certain limit, to mine and make good. NO THEY DO NOT MINE BITCOIN!!!!!!!

What I am about to show you is the coin I switched to today, XVG. You will see the coins they are mining. By using the miners hash power, combining with their own, they have multiplied, let us take an example, 430 THS/s to 112 PHS/s. And they do not need to purchase any more equipment because all the miners work together to help each other out. (CODE OF ETHICS)
 
Note the right column, these are the coins being mined by the hash power I am assisting with on top of their own. Multiple coins being mined instead of waiting long hours for blocks of Bitcoin, it racks in the smaller coins. This in turn has to go to an exchange and sell to pay you in the coin you want to be paid in, In this case I asked this coin to be paid in VXG.

When these go to the exchange it helps with the volume, as well as the price. This way it is a full circle. Now let us look at a coin I just switched to at 10:45 PM last night Bitcoin Cash (BCH)

As of 10:45pm last night this is how much BCH I have mined, and it is not even 24 hours yet. Now the below picture will show you what coins they are mining


As you can see, when you put aside greed, and work as humanity should a team, everything works better.



Sunday, August 6, 2017

Bitcoin News Sunday, July 6, 2017


The world of Crypto currency Ignites. The playing field is starting to look up. There are countless blogs such as mine that give free information and eduction on how to earn a living with cryptocurrency, and they have many sites trying to scare you you have to use some good judgment when it comes to articles. If they are telling you to dump a coin, or that a new particular coin will rise better than Bitcoin, please be cautious. There is no proof of things that the fear mongers state, and there is no evidence that the new coin promoters will be attractive to the miners.

There was talk before the fork split that people should not use electrum, and go to Bitcoin core wallets, Well I ignored that right away, and come to find out the BCH or Bitcoin cash fork overwrote the core wallets, weather this was true, fixed or anything, I was unaffected, because I ignore anything that does not meet logic. Electrum wallets are synched automatically to the block-chain. That means they have no block-chain to download. This means safe. I had no problems with the Electrum Bitcoin wallet and after the smooth fork the transactions were there without incident. Glad I use my own decisions instead of listening to the ramblings of those that actually make no sense. There were even people telling others to use electrum.

 
Hopefully most listened to logic instead of People that truly know nothing, but just think they do.





BITCOIN SOARS


What is happening? Bitcoin surpassed the $3,000 mark? This will mean that there are some great changes coming to the playing realm of cryptocurrency. With every new favorable legislation that helps people break the bonds of the central banks, the people and the economy of the world has the possibility of flourishing.

With the coming weeks, into months, you will see many coin prices rise. This is mainly because people in general are slow to respond, and it takes some a little longer to get their feet wet. Think about a pool in summer, there are those that will jump in with both feet right away, and then there are those that will slowly waddle until they feel comfortable enough to start to swim. The same goes here. Patience will be the deciding factor on who benefits now.

Here is an article of more reasons why coin values can rise pretty fact.

https://bit-media.org/news/bitcoin-news-3-august-2017-bitcoin-derivatives-set-to-ignite-prices/


Saturday, August 5, 2017

Bitcoin Cash Situation



After careful Consideration, We have to understand That it is the MINERS that decide the coins. If you look at this like any other business, a MINER has to mine in a way that produces a profit, or at least a revenue.

With that being said, Bitcoin Cash (BCH) is not really looking like a coin that miners will take to because of some very interesting flaws.

1. Mining pools are not finding blocks in a very normal way as well as blocks are being mined from an unknown source, This worries me.

2. The wait for a transfer is not economically sound.

As you can see as A miner it would not be a coin that I would mine at this time. I would not mine it just for a Possible future, I would only mine in a way that would make what I want. If you use the Correct Mining Process, You should have multiple streams coming in regularly and not just one coin.

If you are mining One coin I am sorry that will never do what is needed. Multiple coins, and each coin or way should be studied to ensure the block difficulty, and of course how long does it take for a block to be paid to miners.

At this time BITCOIN CASH (BCH) does not look like the right coin for a miner to mine and until such times as that changes, it may mean the end, because it is the miners that make the coins, and the miners cannot make blocks if they are not being found. Think about it, even the miners earnings are transactions that need verification, and if there are no blocks, no transactions, it will end the coin.

Read more here: