How can bitcoin become a actual currency if one day mining rewards get so low that no one will want to mine new blocks anymore ?
A lot of people like Bitcoin and other crypto-currencies for trading, but if we want them to become actual currencies, it should get stabilized and offer easy payment methods. (Edit : I know Bitcoin payements are easy, but I mean, Bitcoin should become attractive enough so anyone can buy stuff with it, without having to convert it the way it’s done currently I guess) I actually would like it to stabilize around 8 or 10k. But what will happen when the mining reward will get too low and nobody will want to mine new blocks for new transactions ?
07-08 20:05 - 'Hit me up to know more about mining with the s9 antminer hardware and get profit after every 24 hits of the bitcoin you mine / Knowing fully well that bitcoin is now the future currency' by /u/gabriel_andrew removed from /r/Bitcoin within 670-680min
05-11 10:44 - 'Experiment: Mining crypto-currencies with Youtube in 1 week and distributing profits among the participants' (self.Bitcoin) by /u/Isidrator removed from /r/Bitcoin within 1303-1313min
''' Good morning, I've started an interesting experiment, I'm going to mine crypto currencies and the profits that I get in 1 week I'm going to distribute them among all the participants of the video that I published in Youtube [video]1 . I recorded the video in Spanish but I think it's easy to understand what I am doing xDD We'll see how all this turns out, at least I'm sure a good waste of electricity will get me there ;) Update of the experiment 10-May-2020 (Commentary in the youtube video): In total we are 8 participants (I include those who have written to me privately saying that they want to participate). We have generated a profit of 0.43 ? in these 4 days we have been mining. I'm going to continue until we do the 7 days. As I said and I maintain, the profits will be shared equally among the participants although I doubt that they will be large xDD Greetings ''' Experiment: Mining crypto-currencies with Youtube in 1 week and distributing profits among the participants Go1dfish undelete link unreddit undelete link Author: Isidrator 1: w*w.youtub*.*o*/wat*h?*=*yY*fN4*0xc*amp;t=5*s Unknown links are censored to prevent spreading illicit content.
03-09 20:15 - 'Free mobile mining crypto currency Pi Coin (early stage means lots of coins)' (self.Bitcoin) by /u/django023 removed from /r/Bitcoin within 0-9min
''' The cryptocurrency is called Pi and has an app that will mine Pi coins for you every day without draining your battery or anything. The best part is that it's free and with it being in early stages, you can utilize the high mining speeds to stock up on this coin before it hits the market. All you need to use is download the app by going to minepi.com and when asked for an invite code, use Django023 and you'll be all setup for mining Pi coins! You can also download the app directly from the appstore by searching "Pi Network" just register and when they ask for a referral code just use the key: Django023 [link]1 [link]2 This is from there FAQ: Pi is a new cryptocurrency that you can “mine” (or earn) from your mobile phone. Cryptocurrencies are new form of digital money that are maintained and secured by a community, instead of governments or banks. Today, you can mine (or earn) Pi by helping to secure the currency and by growing and supporting the network. While most cryptocurrencies (like Bitcoin) have been very hard for everyday people to use and access, Pi puts the power of cryptocurrency into the palm of your hand. Enjoy high mining speeds and thanks for reading! ''' Free mobile mining crypto currency Pi Coin (early stage means lots of coins) Go1dfish undelete link unreddit undelete link Author: django023 1: pl**.*o*gle.c**/store/a*ps/de*ails?*d*com.*lo*kchai**ault 2: minepi.com/Django023 Unknown links are censored to prevent spreading illicit content.
Nowadays, bitcoin makes important waves in the financial and media world. This digital currency has already changed the world and the way we deal with money. Own your personal Cryptocurrency mining set with OrionKey investment plan. Contribute today to get as much as 250% profit.
Bitcoin is an advanced sort of money that was introduced in 2009! It operates by making it possible for transactions to go through without the requirement for the middle man. For that reason no banks are called for. nuv mining You likewise obtain the advantage of no purchase costs as well as no need offering your real name. With such flexibility bitcoin has actually ended up being extensively accepted by both customers and also sellers. It likewise can be made use of to buy host services, foods online, and almost any kind of solution you can think about online. nuvmining Bitcoin has actually influenced a lot on the money sector. It can be quickly used to purchase product anonymously. It additionally provides the advantages of easy as well as low-cost worldwide payments and is exempt or restricted to any kind of nation or law. Some people see Bitcoin as a lorry for investments as well as purchase Bitcoin by relying on that they will certainly raise in worth. To get Bitcoins, you can buy on an Exchange market that permits people acquire or offer them, using other different currencies. The transferring of Bitcoins is quickly done by forwarding Bitcoins to each other person utilizing mobile apps or their PCs online. It's much like sending money electronically. With Bitcoins you have a currency worth that can be saved in what's called a "electronic budget," which subsists either within the cloud or on a computer. This digital wallet is like a digital checking account that allows account owners within it send or receive Bitcoins, acquisition goods and solutions or keep them. Although most savings account are guaranteed by the FDIC, Bitcoin purses are not, yet they are risk-free, protected as well as have repayment flexibility advantages. Unlike the United States dollar, gold, silver, or some other precious metals, Bitcoins are limited and this shortage is algorithmic. In regards to worldwide compensation Bitcoin is a victor. There is no stress over fraud or protection. At some money exchange businesses for instance, migrant employees might utilize Bitcoin to send out settlements from one nation to an additional by means of e-mail. On the 27th of June in 2014, the US Government was set up to auction off about 30,000 BTC that was taken from the closure of Silk Road, an online underground market procedure. During that time, the worth of Bitcoins was 633.84 bucks. Today, one Bitcoin is worth regarding $655.48 US dollars around the time that this post was written. If you take an excellent take a look at some the neighborhood merchants midtown, the inner cities or online, you will see the Bitcoin logo design approval in the window or on the door. Bitcoin is still growing as well as is making a tremendous development in the direction of being just one of the most practical currencies ever created.
11-26 17:33 - 'If you know you've not started trading Binary option, Bitcoin mining, and Forex trade, then you are not ready to make it in life, cause the most greatest and profitable currency in the world is digital currenc...' (i.redd.it) by /u/Tanyavoronova removed from /r/Bitcoin within 12-22min
Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. Anyone with Bitcoin’s founders had created what they hoped was a foolproof way of distributing bitcoin to the world. They agreed that bitcoin distribution would be ongoing over a period of time until a maximum figure of 21 million bitcoins were in circulation. And to release these bitcoins required the process of bitcoin mining. Bitcoin mining explained Digital currency mining, through SHA-256 for Bitcoin, Scrypt for many other currencies, and a plethora of other algorithms that have been developed, is a growing industry, with Bitcoin mining, and Scrypt mining, machines being created that cost $10,000+.. So, Why Do People Mine Digital Currencies? Mining is the primary method for transaction processing, recording, and security for most digital Bitcoin mining is the process by which new bitcoins are entered into circulation, but it is also a critical component of the maintenance and development of the blockchain ledger. The Bitcoin Mining Contracts are generally sold for bitcoins on a per-hash basis for a particular period of time. There are many factors that go on to impact Bitcoin Mining Contract profitability. The primary factor is the Bitcoin price. For instance, Pay per GHash/s is 0.0012 BTC / GHs for a 24-month contract. Moreover, Contracts can vary from
Mining City Bitcoin Vault Presentation +27621191925
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