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Showing posts with label newsbtc. Show all posts
Showing posts with label newsbtc. Show all posts

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:


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...