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Showing posts with label Miners. Show all posts
Showing posts with label Miners. Show all posts

Thursday, August 2, 2018

CRYPTO MINING IMPROVES LIFE

Despite all the uneducated people, who truly do not understand the technology of the Blockchain, that state crypto mining is dead only look dumb. Despite regulations which truly target those exchanges that act as a third party will truly be effected.

Cryptocurrency miners are on the continue rise because mining is the only true way to have self ownership of your currency. Most people make the foolish mistake is treating this innovation as the same method that has become the main reason why nations are suffering. I guess it is true most will never learn because they can not see the forest past the trees.

As you can see in 2018 the garphics card shelves are still empty. This is a good since bitcoin came into existance in 2008. 10 years and still going strong.

Understanding the block-chain is the most important factor in truly understanding cryptocurrency as well as smart contracts. Many people always assign mining to a specific coin, where it is actually supposed to be directed towards the most profitable pool. It does not matter if you are selling your hash-power, or mining multiple currencies, you must always research yourself. Technically us miners do not feel sorry for the gamers because they could simply go on-line to amazon.com and order a graphics card for gaming. There is no need to go to the stores where the entire shelves are empty.

Cryptocurrency miners are the true mechanism and engine that drives this currency. Miners are rewarded newly generated coins for their proof of work. This system actually works and gives you what you want. You are never limited to an hourly wage, in fact, there are so many things you can do to multiply your earnings.

This is why i never listen to those individuals that state they are making so little. Just another case of those individuals not willing to expand their horizons and continue doing different things to get the income they want.

Cryptocurrency is the best creative innovation to unchain the the individual from being a mindless slave. Think about it. You get a job, you work all your life and if you do get the chance to retire, you die shortly after that not even being able to truly enjoy life. What is more of a travesty is your loved ones are always neglected and never truly getting the attention they deserve because your brainwashed zombie brain forgets what life is truly about.



With crypto currency you are now able to enjoy life, live healthier with less stress, and can give the attention to those you love so you never again have to die with regrets.

Cryptocurrency miners have the ability not only to change their own lives, but they are able to lead by example and help others change their lives for the better not tied down by the corrupt monetary system that never allows for everyone to get ahead.


Crypto miners can teach others which will help those people be able to be self responsible and take control of their own lives and now can be a part of the solution instead of the problem.

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:


Thursday, August 3, 2017

The Life of a Miner.


Some people mistakenly use the term that Crypto currency miners get into this because they are lazy. I for one can tell you that reason is a false statement. Let us take an example we can all relate to. When there is something wrong with your cable television, You immediately call the cable company to complain. The cable company then transfers you over to tech support, who tries to handle your problem by going through a script of the most common trouble shooting techniques. If they cannot solve your problem the customer support person has to schedule a time where a physical technician comes out to look at the problem and hopefully fixes it.


This does not happen in the world of Crypto miners. For one thing, there is no company to call, Oh you could call the mining equipment manufacturing company, but they will tell you handle it. For one thing, you are tech support, you are the technician, you are the one that must figure out what is wrong and fix it. So let us look at some of the skills you must have to be a successful crypto currency miner.


COMPUTER BUILDING/REPAIR SKILLS

You must be able to understand how a computer works, especially if you are running GPU mining systems. You must be able to deduce why a graphics card (GPU) is not running right. You must also be able to program simple BAT files.

 
ASIC/ANTMINER REPAIR SKILLS

You must have a good working knowledge of ASIC or Antminer repair and maintenance skills. You must understand how a miner works, how it runs, and what the common parts are in order to properly maintain and keep your ASIC/ or Antminer working.

Yes it is true, us miners are not in the slave mentality anymore, but that offers two real life lessons. 1. We must be self responsible. We as miners realize we are solely responsible for our pay. There is no crooked Corporation or boss that oversees our paycheck. We must take self responsibility and do what is needed. After all if we are not making the money that we need, then we must take steps to correct it and gain what we need. 2. We must be in total control of our coins we mine. Mining to an exchange is never a good idea. Sure it may seem simple especially with all the multi algo mining pools that actually send you your coins once the minimum you specified is met. But you need to have your own wallet for each coin you mine in order to be in complete control of your money.

There is much more, but this is the basics. Do not listen to people on social media sites using their ego to promote certain coins. You must study the block difficulty, the algorithm, the time it takes to find a block, and how often a block is found and paid to miners. You must also decide if the coin will assist in your pay or not.



I hope this gives you some insight on us miners. After all If it were not for us miners, there would be no Crypto coins. Everything in this crypto currency realm is retaliative and we all need each other.

Saturday, June 3, 2017

Tips for Small Mining Operations

There are many advantages for those that are working a smaller crypto currency mining Operation, such as myself. This video that is on Bloc Operation is one of the best I have seen, and I have also shared this on another vidme channel, and I am sharing that same vid me here. This information will help you see the different advantages, as well as show you what kind of skills that is required to even mine crypto currency in the first place. Hope this video helps.