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Showing posts with label mining. Show all posts
Showing posts with label mining. Show all posts

Thursday, April 9, 2020

How much Do You Truly know About Crypto

I have one question for you. Did you know that Cryptocurrency is not a new idea? There are many lessons from history one can learn if you only research the real history of the United States.

Do you know what the real metrics are? Do you understand the true engine behind cryptocurrency?

I am going to give you free knowledge right here. Here you can download the free PDF as long as it remains.

Remember Knowledge is power

https://drive.google.com/file/d/1UjNujHn33Qk_DgM8lV38EHFlqCU_IHKF/view

Wednesday, January 9, 2019

Mining the Right Pool




INTRODUCTION

Have you ever heard that miners are not getting real payments while mining? Have you watched countless youtube videos, where they show how little they are getting? Well they are mining on the wrong pools.

Yes today we will show with picture proof and explain why you are suppose to mine only on a peer-to-peer pool this way you will surely see the difference.

Centralized pools

Certain pools are around forcing you to create an account, and then you must use the user name and worker on your ASIC miner. This is not getting the full ptential let me show you a picture of a pool I was mining on.

Note from Block 38340, in the 5th column the reward is 0.03987. It does not carry a steady increase of share revenue every so often. This may be because the p[ool is not connected to the main network and is solo mining each block. Which means the amount of hash power you are contributing will be what you receive, unless of course, a miner comes on with a drastic increase of more hash power than you have. There is no steady increase in shares, in fact it could possibly go down. This shows that the centralized pool may not be for you.


PEER 2 PEER MINING POOLS
Now let us look into a p2p mining pool.




Note on the Left hand side column you will see DGB network hashrate. This indicates that the pool is connected to the DGB network and the entire network is working as a single unit. Now look at the Right hand side where it says, “Expected time to share”, This tells you that you will receive a share increase, (pay increase in share) every 6 minutes and 55 seconds

Q: How does one know what they will be making if they do not stay on the P2P pool for the six month max?

A: THEY DON’T


In closing think of this in this light. The SHA256 Algorithm was created by NSA on the Nuclear launch. Think of the Military you get paid a rate plus, Time in service, and time in grade. This means, the longer you stay on a p2p pool your shares will steadily increase.

Always research for yourself do not listen to anyone else the above sample I showed you the miner only has 39 TH/s and he is receiving 39.05 per block every 9 minutes or so. That is 39 cents at today’s exchange rate per block and there are usually 6 to 8 blocks per hour for a twenty four hour day.

Remember use your own research do not listen to anyone, they may mislead you. Always research this for yourself, as it is for anything else in life.

Monday, September 3, 2018

Exchanges to be regulated as trading platform in the Philippines...About Time

 According to an article in the bitcoinist, The Philippines can be seeing an outline of draft rules on exchanges as early as next week. This is a major victory for the security of cryptocurrency. Why? because the individual is to mine (Proof Of Work) and take self responsibility instead of using exchanges like the stock market. That is not what crypto was designed for. It was designed to be self reliant and to make a difference solving world problems, not for greed.

I say it is about time. Too many people are using crypto the wrong way and passing themselves off as experts with no real understanding of the block chain at all.

Now maybe we can get some real people to teach crypto, and not the phonies.

https://bitcoinist.com/philippines-regulator-expects-draft-cryptocurrency-exchange-laws-within-2-weeks/

Tuesday, May 22, 2018

A Game Faucet Made the way Humanity should be


There has been many faucets and ways to earn bitcoin for free all over the web, even games. Now there is a game faucet made, not to make the few more wealthy that get the most referrals, but to do what humanity is suppose to do. That is Help each other get better.

Let us talk about the faucet, what the differences are, and a special update that helps you earn automatically while you sleep, as well as a referral program that helps you get better instead of getting paid for them.


https://bitcoinspinner.io/ref/89084

The name of the faucet is Bitcoin-spinner. You start out with a basic spinner that will earn you a little Satoshi per minute. Remember, this will not get you rich you need to actually look at this as a game you want to advance to make the most out of this one. Let us look into a way to get the most out of this.

 
STRATEGY

The strategy should be clear at this point. What you must do is purchase the amount of spinners with the coins you earn, in order to make the most out of this game in a shorter amount of time. Unlike most games or faucets, you do not have to watch it. Each diamond lasts approximately 2 minutes each. You fill the slots with the max 40 diamonds and that will give you approximately 80 minutes. Therefore, you can do other things while your spinner is spinning. Remember keep the browser open all the time you are using it.

The objective here is to purchase the amount of spinners that you want.

For the best results, do not try to earn the first night. Simply click on the earn tab, and use the auto faucet. When you click start,go to bed. The auto faucet will collect the diamonds automatically all night long without a captcha.

There are ways to earn manually as well, which will also give you experience points. Remember when I said at the beginning of the article, that this referral program is the way humanity should be? I am about to explain that now.


REFERRAL PROGRAM THE RIGHT WAY.

When you start out, you are a level one user. This means no matter how much satoshi, Money, you have you can only withdraw a maximum of 1,000 satoshi daily. This limit is increased as you rise up in level. There are ways to earn your experience points through the standard faucet, by earning diamonds, watching the video over and over again, but the best way is to get others to help you grow.

What you have to remember is that all referrals will need to play. When they get there satoshi to 0.00001000 you will get the credit. This will mean they are genuine and not just fakes as so many people actually are. So let us talk about the levels.

As you start you will only be able to withdraw 1,000 satoshi a day. As you advance in level to level 2 that withdraw limit is increased to 2,000 satoshi per day. This increases all the way up to level 10 where it is 40,000 per day.

All withdraws are sent directly to your faucet hub account, to insure security and credibility.


With all the greed that takes away from humanity you can now see why this style of game/faucet is the true way. I said that is the way humanity should be, because if you truly think about it we help each other grow and become the best we can be. If we all help each other grow we, each of us, can be a better being a shape a better world.

If you are ready to be that and more please join me here.
https://bitcoinspinner.io/ref/89084

Thursday, May 17, 2018

The Antminer V9


This is a technical informational article on the Antminer V9. Most people scream 4TH/s is too low, however, if you are mining on a Multi algo pool that pays you in whatever coin, then the Amount of TH/s is not even a factor. For example we all know the the Antminer S3 only mines at approximately 450 GH/s however on the mining pool page it was producing 1.9 TH/s, this is because it is the amount of miners using that algorithm and not the TH/s a second. These pools are specifically created to get the most out of whatever miner, but an uneducated person who did not take the time to actually do the research by them selves by mining and not looking, would never know this.


Now let us look into the Antminer V9

TECHNICAL SPECS

Be sure to power on the miner only after all the 10 PCIe connectors are connected to a power supply.



Parameters of ANTMINER V9
No.
Parameters
Value
1
Product model
V9
2
Total quantity of hash chips
135 PCS
3
Total quantity of hash boards
3 PCS
4
Total hash rate
4TH ±5%
5
DC voltage input
11.60~13.00 V
6
DC current input @12V DC
79.59 A +10%
7
DC Power @12V DC input
955 W +10%
8
220VAC Power @25℃ ,93%
conversion efficiency of APW3
1027 W +10%
9
220VAC Power efficiency @25℃,93% conversion efficiency of APW3
 253mJ/GH+10%
10
Weightwithout package
 3.05 kg
11
Operation temperature
0-40 ℃
12
Storage temperature
-40-85 ℃
13
Operation humidity
5%RH-95%RH,
prevent condensation
14
Noise
76 dB
15
Networking connection mode
Ethernet Cable
16
Power connection mode                  
All three PCI-E ports are required to power the board. You can use one PSU to power multiple boards, but do not attempt to power one board with two PSUs.We suggest to prevent  the control board to be powered up before hash boards be powered up.
17
Size(Length*Width*Hight,without package)
301mm*123mm*155mm



If you notice anything, right off the bat, you will see that the power input is only 955Watts. This is slightly higher than the Antminer S3. This means if you read the previous article you would know that by keeping the miner cool, the fan motor will not work as hard, and will therefore use less power consumption.

The Antminer V9 used on a miner farm with 3 V9’s and 1 S9 will produce 34 TH/s should you want the slow way and mine a coin, however you will never make as good as the exchange rate mining. Sorry it is because multiple coins are mined and then traded for the coin you are wanting to be paid in. That is just basic math, you cannot escape math.

So for all those wanting to use less power consumption on a multi algo pool the Antminer V9 is a good deal, also you may want to look into the Antminer D3, now that most multi algo pools acdcept that high hash-rate to mine multiple X11 coins.

Tuesday, January 9, 2018

PATIENCE IS THE KEY TO SUCCESS.

All over the Internet you can see many articles and videos on how crypto mining is not profitable. This is because they foolishly try to calculate it by the hour, or the SLAVE Mentality. Let us break down certain factors for you to understand. Patience is the key to this and you will find it is just like being in the military, or working where you got a monthly salary. That is the key.

The reason why I stated the military was because of these fine factors that the common person does not know. The pay for each soldier, or sailor is based on Rank, Time in service, and time in grade. If you would calculate it on a calculator you would have to do 24 hours a day 7 days a week. In my case when I was in it added up to .25 cents an hour. This is the very reason why Mining profitability calculators are to be ignored. This is not ever an hourly rate. It is however, a salary you want.

So let us look at a mining farm. I am not going to tell you again it is by month. So let us say you have only 4 computers, 4 Antminer S3, and one Antminer S4. This is a great start let me show you. All this is very possible and easy to achieve in reality.

Two computers you are mining Monero with GPU, the other 2 Computers you are mining Zcash with GPU. The 4 Antminer S3's are being used for Digibytes, and the one Antminer S4 is on Bitcoincash. Now let us do the math

At the end of the month you only have 2.89 in Zcash, 3.14 in Monero, 1.3 in Bitcoincash. We will not even take the digibytes. So let us do the math by today's value.

Here is the month results:


 
Now can you add the monthly salary. That is over $7,000 a month. Proof it is not only hash power. If you were mining Zcash alone, you would need to really gear up a GPU farm to even come close to it. It shows you an example of how you need patience, Let it mine, set up your miners to what you need and go from there. Keep mining do not worry about temps, trust me if you did what was told to you by setting up a cloud mining contract to mine for your electricity bill then all you need to do is be smart, and have patience.

Patience is the key, Patience is a virtue, and patience will give you true prosperity.



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.

Saturday, June 10, 2017

INSIDE A DIGIBYTE MINER FARM

DIGIBYTE MINER FARM


    This is a small operation that we are looking to expand, after all the name of the game is to do for others. When we accomplish the first goal which is to expand this operation to a medium sized operation then we can start making more of a difference.

As you can see here, this is just a small setup, because it is difficult to get an operation up to full throttle when houses lack the basic needs for this operation.

Friday, January 13, 2017

BEWARE OF FAULTY EXCHANGES

 Now  before you go off and defend this exchange I will show you the difference between a faulty exchange and a good one. The Faulty Exchange in today's article is YOBIT.net.

 Now I have done some trading with them, but lately their support has been lacking, and their wallets for some reason are in maintenance for far too long. Another problem I have is even though the wallet says online the withdraw is temporarily off. This has all the red flags of a scam exchange.

Let me show you. The coin I stake is 1337, this is only one of my staking coins, but you will see for over a month the wallet has been unable to withdraw or even trade

Now if you look at the picture above you will see that this particualr coin has been in maintenance since December, but it is working fine on Cryptopia, as well as  POSWALLET.COM.

Here is the picture to show that this coin has no problem staking, so I beg to question why is it only YOBIT has this problem?


I use CRYPTOPIA due to the fact of many other abilities it has, for example, mining, marketplace, as well as others. This is a good sign of a well polished good exchange.

These are some signs as to which exchange to use. YOBIT has not passed the quality control check on a secure or even a reliable exchange, and for all Cryptocurrency earners, you should never reccomend an exchange like YOBIT that does not meet the same standrds as others.

I usually do not print a straight complaint without some evidence, so if the support kept a good communication this article may have been avoided, but I will post the images of the conversation, and you can see for yourself that one response to several questions is never enough. 

I hope This article helps those when choosing an exchange.





Monday, January 2, 2017

Understanding the True Goal of Mining



BASICS

We have already covered that Mining is the most intricate part of Cryptocurrency. The reason for this article is that most people miss the point of Bitcoin and all other mining. Let us cover the true basics in this article so you can stop listening to those that have no intelligence on the subject.


GOAL OF MINING

The real goal of mining is simple, it is only to add up Satoshi. FORGET THE VALUE. The United States Dollar has ABSOLUTELY NO VALUE. A Satoshi is the lowest amount of Bitcoin like a penny is to a dollar. Let us break this down 1 Bitcoin equals 100,000,000 Satoshis. The actual looks like this 0.00000001=1 Satoshi.

The object is to gather the fastest way to add them up. The main way is to use Staking and mining as one.


THE CORRECT WAY TO USE THE ANTMINER S3

There are three pools that can be listed in the Antminer S3. You need to use all three pools set on the Load Balance setting. The key is to use pools that can pay to an exchange, for example a multi algo pool that you can choose the coins you want to be paid. Once the payments come in usually every 6 hours you use the exchange to trade them to a coin that stakes interest hourly. That may mean a pool stake. Once this gives you the amount you want transfer that into a staking wallet you have on your computer.


 You will then start over. Usually it is smart to get at least 12-15 different staking coins. I cannot believe on how many idiots there are in this world not to be able to figure out simple MATH. All cryptocurrency is backed by 100% MATH, which if you use your head, is perfect.

Just remember, mining coins that give you more satoshi and combining that with adding the interest n staking is the right way. Those that mine only ONE coin will not be able to get the full potential. 

Hashing Power can provide you a little more coin while mining bitcoin, but you are missing the point in general, Stop wasting time on the value and add up the Satoshi.

Thursday, July 21, 2016

Mining Guide



    Now you can get some basic information that can help you understand Cryptocurrency Mining. I have tried to give you all some insight, and the truth be told you do not need 10,000 miners just to make it. This is all based on difficulty. The Guide is available in English, Spanish, and Russian for now. Other Languages are coming.

50% of all sales will be placed in a fund to help those less fortunate and get them miners so they can start earning for themselves. The cost of the guide by today's exchange rate would be the equivalent of $1.00.

You can only purchase it by bitcoin. The guide breaks down some basic fundamentals that you should know before mining. It is time to take control of an important aspect that sets us free. If you would like more information, or would like to get your guide go to

http://cryptominingdepot.weebly.com/


Let us make the difference, and be the change we want to see in the world today.

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.

Monday, June 27, 2016

Mining tutorial

We have discussed mining to a degree. Here is how to fully understand mining. We now know what mining is, but it seems like people truly do not understand it's significance.

When a coin or site gets hacked, dumb people instantly panic and sell bitcoin, no matter if it was an Alton that got hacked.

Did you all forget that the bitcoin network is highly secured due to all the miners. The veterans, such as myself shrug our shoulders and keep mining.

Bitcoin did not go down to a dollar did it? No. It was stable because we continue to mine it and use it.

Secondly, if the value drops a bit, good, it simply means the difficulty will drop too. If Bitcoin value was $1,000 for 1 bitcoin the mining difficulty would be very high. We would adapt and overcome, of course but if it lowers Ok fine the difficulty lowers too. Brain dead people will always compare it to dollars, such as buy low and sell high. Bull. I always buy high so I can sell higher which also increases the value of bitcoin.

For the record mining is the most important and Intricate part of bitcoin

Friday, May 27, 2016

Why Cryptocurrency surpassed the test.


Remember back not to long ago when nerdbux, and neobux were thought to be the money. They really were not even close. The purpose of making money on the Internet was to get a weekly pay, not a pay that will come if I spend hours upon hours for half a penny.

What Bitcoin has done was to allow the miners to collect a weekly paycheck while using the faucets for a daily assist to their earnings. Neobux could never come close to this. The very reason why it was so difficult to earn money online was because you were still focused on the same currency controlled by the elites and the central bankers. This was like trying to play a chess game against them and they only gave you two pawns to use against all their pieces. There is no logical way the average man can win.

Cryptocurrency changes the game and levels the playing field, now we have all the pieces on the chess board as well, which if you think about it, gives you the fair ability to make a life that you did not have before. This was mainly because they control the printing of money and not to mention how much they paid themselves during every financial crisis. Believe me they ate fine while the majority of Americans as well as people around the world struggled.

Miners, which are the people, determine the value of the coin by mining it and using it. This is truly the main reason why BITCOIN is the people's money. We are in control. Miners work and it is through the computer work they earn.

The main reason for this article was to show you the difference of every pay to click bogus site of the past as compared to real currency that we have the control. It is a big difference. Want to help keep the knowledge flowing? Would you like to take back our education and free us from MONSNTO the jerk, donate to the cause. We are in the midst of decentralizing education to free the minds, but as you can imagine im on an upward battle but I will not give up. Hey im a Taurus im bull headed when I see something that needs to be accomplished.

If you want to donate go to the about me page and you can donate cryptocurrency and put what you are donating for. There is openings for suggestions to.

Thursday, May 26, 2016

The Best way to use Faucets

  There are many questions of if you can use faucets to make a living with crypto currency. If you use them alone, then the answer is NO. There is a way that utilizes the faucets for what they are suppose to be used for and that is an assist.

 Everyone knows what an assist is, even those that have their nose stuck in a basketball game. Let us take a look on the best way to use the faucets to assist the income.

  Let us look at an example. Let us say you are using X11 to mine Dash (Digital Cash). This would tell you the faucets you will use an assist to gain more income to your mining. You will do the DASH faucets. The more DASH faucets you do the better the assist to the mining income you will receive. The same goes for any coin you are mining, you always use the faucets of the exact same coin you are mining to multiply the income.

 It clearly makes no sense to be mining DOGECOIN and do peercoin faucets. I am sorry but the peercoin will be sitting in a wallet and DOGECOIN in another wallet. If you exchange the peer then you have to pay fees and then when you send the dogecoin you have to pay fees, so knowing that there are fees, would it not make sense to do the one time fee trade instead of several?

Im not saying if you want to save coins like a savings account that you shouldn't do that. I am saying that for income purposes to live on you need to organize your mining with the faucets you are doing. Some sell their hashpower and get paid in Bitcoin, then do the bitcoin faucets to the exact same wallet.

The person that stated he only made enough to get beer at the end of the week, really had no understanding of math. Just because One person Fails, does not mean all will fail. The intelligent people already know how to make this work. There are several of us that are making this work.

If you like the information and would like more in the future let me know that the information is appreciated. You can always donate to the cause. I accept Bitcoin, Litecoin, DASH, and Dogecoin

DOGECOIN:   DEtpgkFpPnje6opmYNFqYuLaTQwy56zhwJ


DASH: Xujzv1GZsbqYVLh78T8oK9PU6we9FUWn1H

Bitcoin:   3Jusigzw7MgUaSJX1brE5TkNPpMnGGjbzy

Litecoin:    
LhAfhXLv1mG9iuWZPidFfqpWUME1KuVjVz