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Showing posts with label btc. Show all posts
Showing posts with label btc. 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.

Tuesday, December 12, 2017

Advance Mining lesson

In recent blog posts on this blog, I have given you just the basics of mining. I have explained what jobs a miner does. I have also discussed that the most profitable way to mine is to have multiple income being generated. How and which were up to you to discover for yourself. Now I am going to show you how to mine, and what to really look for.


    When you are mining on a peer to peer pool you only have to concern yourself with one difficulty set of numbers. Those numbers are the share difficulty. If you look in the example below you will see that on this particualr coin, a SHA256 coin, the difficulty for the share is low. If you think about this logically the Antminer S3 goes higher than that.

 Now look at the pool difficulty for the miners mining.  The pool difficulty is also quite low. This will show you that you can get a pretty good share each week or so when the block hits. Not bad for one coin.


    This is truly the reason why people fail in mining. One they do not know what to look for,and for two they just think they can just plug in the miner, set the pool and worker and let it go. NOPE! That is not what happens. I have covered most of this on the post of "Life of a Miner" That should tell you what you need to know to even begin this job. If you cannot do it, then perhaps you may need to research Cloud mining and hope to god that, that particular site does not go rouge. But they charge you a maintenance fee, and your reward is your reward. That may be a way for you to go, if you truly cannot understand the technical responsibilities that a miner must do.

    During Halloween this year I have had a variety of miners go down. It was days of taking them down, cleaning them, and doing a complete overhaul to put most of them back online. Here it is Almost Christmas, and I am making pretty good on my income, even though, I am now only mining at about 75% efficiency.

    So the excuse of the mining calculators, which are never right, are the one thing you must never really set it in stone. This Is mainly because of a few factors:

1.Price of coin mining could increase, dollar value increases.
2.Difficulty goes down due to price drop, More coins will be mined at the same hash rate, which increases the amount
3.More miners enter the peer to peer pool speeding up the block time, which causes more coins for you and faster time a block is completed. This also means a higher dollar amount.

These three are the main factors, but they are not the only ones. This is why the calculator can never be right because these factors alone cannot be calculated ever.

    My advice either learn the miner inside and out that you want to use so you can maintain it well, or make sure you have a good cloud mining service with a better contract of a one time payment, and they charge for the maintenance.

Sunday, December 10, 2017

BITCOIN AND ALL CRYPTOCURRENCY PROVEN TRUE MONEY

What can be said about all these uneducated individuals lashing out against the only true money that cannot be controlled by these same criminals that have caused every financial crisis with the " REAL MONOPOLY MONEY" the US Dollar that has no backing at all.

For one thing Bitcoin and all Cryptocurrency is backed by 100% Math. We all know math is perfect, people are flawed.

Now they want to run a desperate attempt to keep stealing from hard working people for no other reason but their own lust and greed. Guess what, we are not listening, we do not believe one sentence of what lies come from you, because we know the facts. The only thing that these Criminals forget is " WE THE PEOPLE" are the economy.

What truly shows a powerful nation? Is it which nation has the most military might? No, that would show an inferiority complex. Is it the nation whose government enslaved it's citizens? No, that would clearly show that that nation would never get ahead. Mainly because it is the people living in that nation that drives the engine. So what does make a nation powerful? The nation that is the most powerful is the nation with the greatest economy. And only cryptocurrency backed by math allows a nation to have true wealth and prosperity.

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:


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.


Friday, February 24, 2017

Why Cryptocurrency is More Logical



THE MATH OF IT ALL



Let us look a little bit into what I mean By adding up the Satoshi. This is to give you a better picture of the terms and the methods behind how we succeed. If you remember from earlier posts, I have stated you need to trade up daily to a staking coin, this is known as the DROP.

Now let us look at when I do receive a block of Litecoin, or rather the bonus I do not put into my daily figure. At this time 1 LTC=0.00319 BTC

That is three-hundred-thousand Satoshi per Litecoin. When the Block Hits, usually within a week or so, I get 25 Litecoins that is 0.07975BTC, or 7 Million-9Hundred and Seventy-five Satoshi. Now you see with just the Block we have brought this into the Millions.

The daily Drops of three or Four coins are continuing to add up stake, or interest every day. This like anything else takes time and patience, but for all those that are not too bright, or maybe just a little slow, let us examine the slave mentality of working.

You go out to look for a job, you spend an entire day filling out applications, and when you arrive home there are no calls. You get up the next day, and you do the same thing filling out applications.

Let us say you continue this pattern and you get lucky. You receive a call from one of the places you filled out on the first day. You get called in for an interview. You wake up in the morning, putting your best foot forward, and you shower, shave, and wear a good professional business suit. You are ready for the interview.

You take the time to travel to the place and let the receptionist know you are here for an interview. You sit down carrying a folder or briefcase with what you think will be the proof you are suited for the job. Waiting patiently, you are nervous, you start thinking you have bills to pay, and you are praying you get the job.

The manager that will be interviewing you finally calls you in. Let us move to a point where you were lucky to pass the interview. You are offered the job but you have to wait. YES wait. The company will now perform a routine background check which could take up to a week if you are lucky. I have seen them take 2 weeks depending on how many applicants all across the state you live in are applying for different jobs at that time.

You get lucky the background check only took 1 week So they call you in for a drug test. You get in your car and go to the place where the company has the contract to do your drug test. Now you complete that and guess what You have to wait again for maybe 48 hours, or 2 days.

So far you have waited a week and now will be waiting for 2 more days. So let us say you pass everything and you start the job. They offer you $10.00 per hour, but there is one problem You are starting on the first day of the pay period. WOW another three weeks will go by until you have money.


Do you see where this is going. You are going to wait anyway, Then why the heck would you not wait for something that you control and not other people that may not like you because you may be smarter than them and they will eventually try to get rid of you because they are fearful of loosing their job.

Might as well wait and just be happy with life.


Patience is a virtue

Friday, July 8, 2016

Bitcoin Mining Facts

 First Watch the Video On Bitcoin Mining, then understand this is math. After the Video I will Explain How I make a living by mining with antminers, and Not believing any of the blogs and forums because all they did was prove wrong.



Now that You understand the peer to peer mining Let me tell you how Mining with the Antminer really works. As I have stated i have been mining with the Antminer S3, and Ignoring the blogs and forums because they do not apply at all. I live in a place where Electricity is included, so my electric and all Utilities is $0.00. Now I am free to mine as much as I want 24 hours a day 7 days a week, 52 weeks a year at one low price.

Now the Antminer S3 can be placed on Load balance or Balance, depending how you want to mine. For the record IT MAKES NO SENSE TO MINE 1 POOL when you have all this power that you can divide and multiply the income X3.
I say now and for the record No One would mine one pool it will never ever reap you benefits.

I have three pools listed in the minier configuration tab of the Antminer. the goal for me was 6 antminer S3 and in order to prepare for the upcoming difficulty I will invest in 2 Antminer S5 and 1 S7. This way I have the benefit of being ready as the difficulty rises..

Now I am not mining Bitcoin, the reason Bitcoin goes up is the massive amount I buy at the end of each week. The object is to find the right pool that you can mine SHA256 Algorithm on that will reap you the most coins in a 7 day period. For example you set your Antminers S3 all of them on a certain pool where you get paid in Digibytes(DGB) at the end of the week you have 1,250,000 DGB multiply that by 2 for the two week pay and that is 1.5 BTC(Almost $900.00) for the 2 weeks. That is more than some people make working Period.

Thats just one coin, You can mine Peercoin, or Digitalcoin, or any other two coins that you want. The easier it is to get the more you make. Difficulty is the game. Forget the price of the coin, because Less is more.

As I have stated my rent is a little over 675 per Month. That is plenty. I am so sick and tired of these so-called BITCOIN WISDOM people that actually have none. I live on it easy, so can you. This is math, the only blogs I should be reading is those that are living free from this currency, Because If i see one more fraud blog as I call them it only shows that THEY CANNOT DO IT, because they lack common math skills.

Moral of this story, Trust no one but yourself. If you can add you can make this work.