#Best Crypto Miner
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cloudminergpt · 9 months ago
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Cloud Miner Private Limited is an India-based leading crypto mining service provider that delivers top-notch cloud mining solutions. Our cloud mining services utilize high-end equipment stored in our facility. With Cloud Miner services, users can easily register with KYC and choose mining contracts based on their desired TH power. Also, we provide 24/7 support and guidance for all questions.
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gdsupplies · 1 year ago
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Best Crypto to Mine in 2023
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Cryptocurrency mining is a very profitable business in which many people invest their hard-earned cash every year. This option gives huge profits every month with certain rewards in the form of new coins. The most important thing you need is the best Bitcoin Miner to start mining from your home. In this blog, we will discuss some of the best cryptos to choose this year to start the business of crypto mining right from home.
Best Cryptocurrency For Mining
If you are planning to start mining in the coming year, choose the best cryptocurrency for mining and generate huge profits. Here is the list of all the cryptos to choose for mining in 2023:
1. Bitcoin
Bitcoin is the best crypto to mine in the coming years. Despite the introduction of other cryptocurrencies, Bitcoin has remained at the top of the list when it comes to cryptocurrency mining. Bitcoin miner is used to mine Bitcoin and validate its blocks. This cryptocurrency is highly competitive and provides a high chance of earning good profits every year.
If you are a beginner and have limited capital, join a mining pool. You can share the expenses in a mining pool. The current market capitalization of Bitcoin is around $409,207,323,472.
2. Ethereum
The second most popular cryptocurrency to mine in 2023 is Ethereum. It has the second-largest market capitalization of around $13,267,287,341. The hash rate of Ether is 926.39 Th/s.
Mining Ethereum can be done with the same techniques as Bitcoin mining. Apart from that, you will also need some good Ethereum wallets including Guarda, MetaMask, Atomic Wallet, Trezor, and so on. It is now decided that Ethereum is moving its mechanism to Proof-of-Stake to mine the new coins. You will get the advanced and best Ethereum Miner for mining Ethereum coin.
on the official websites of manufacturers.
3. Ravencoin
If you are a beginner and are looking for a safe cryptocurrency to earn profits, pick Ravencoin. It is one of the best cryptocurrencies for beginners who have low capital. It uses the peer-to-peer network to start the trading of assets from one party to another. This cryptocurrency works on a Bitcoin fork and does not include any master nodes or ICO.
This cryptocurrency can be mined with the help of ASIC miners such as DamoMiner, Bminer, and NBMiner. GamerHash can also mine Ravencoin cryptocurrency. This block is created every minute to generate a reward of 5,000 RVN.
4. LiteCoin
The next on the list is Litecoin. It is one of the best cryptos to mine in 2023 to earn huge profits every month. It gives a speedy transaction and works better than Bitcoin. This cryptocurrency was released under the MIT/X11 license and works on research. Besides, Litecoin also uses open-source cryptographic protocol and decentralized ledger like other blockchains.
You will need the best Litecoin Miners to mine Litecoin cryptocurrency. Many ASIC miners have been developed these days to mine Litecoin cryptocurrency efficiently. In Litecoin mining, the block is mined every 2.5 minutes and gives a reward of 12.5 LTC per block. This reward will be reduced by half in 4 hours.
In addition, you can mine Litecoin with the different miners with MultiMiner, CPUMiner, Awesome Miner, and GUIMiner Scrypt. You can also join a mining pool like LTC.top, ViaBTC, Litecoinpool, and Antpool. To get the best Litecoin Miner, you can find the manufacturers online and get the best prices.
5. ECOS
ECOS is the best cryptocurrency to mine for every user. Bitcoin mining is lucrative under some conditions. One can mine BTC with special cloud mining software or with some special mining tools such as ASIC miner. ECOS is the reputed BTC mining provider in the industry.
This provider offers both options namely cloud mining and ASIC mining. The users must pay a contract fee of $50. In ECOS, the miners will receive the daily payments in BTC and the full transaction history. It also offers a free mining contract for 1 month after registration for test mining. The miners will get a calculator to choose a mining contract.
6. Vertcoin
The next crypto on the list is Vertcoin. It can be either mined individually or via a GPU mining pool. This crypto cannot be mined with any CPU or ASIC miner. You can download the one-click miner from the official site of Vertcoin’s website to start mining this cryptocurrency.
The market capitalization of Vertcoin is around $9,940,361 and has a circulating supply of about 64,438,735 VTC. The current hash rate of Vertcoin is 1.4063 GH/s. The current price of 1 Vertcoin is $0.1543.
The popular wallets for Vertcoin are Trezor One, Coinomi, Trezor Model T, EDGE Wallet, Vertcoin Core Wallet, and so on.
7. ZCash
The last cryptocurrency is ZCash. It is one of the best cryptocurrencies for individual miners. This blockchain can be used to mine cryptocurrency with the help of GPU systems and EWBF ZCash Miner Windows Miner.
A CPU can be used to mine ZCash cryptocurrency. CPU makes it easy to mine ZCash and earn profits. Apart from that, the blockchain is also not very competitive like other blockchains. It is simple to mine ZCash with the help of other mining tools like GUI miner, Android mining app, and console.
The time taken to mine one block of ZCash cryptocurrency is around 75 seconds. Mining every block will give a reward of 3.125 ZECs. One coin of ZCash is traded for around $66.38 at the time of writing.
Some of the best wallets for ZCash coins are ZecWallet Lite, nighthawk, Unstoppable, and Edge. The current hash rate of this coin is 7.79 GS/s.
Final words
These are the best cryptos to mine in 2023 for beginners as well as experienced miners. You can even choose many penny cryptocurrencies to start mining right from your home. They are easy to mine with ASIC miners and GPU mining tools.
These cryptocurrencies give huge rewards every month to the users. They can also be mined speedily with the help of the latest miners and mining tools.
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weldersworkshop2020 · 2 years ago
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Check out this free app — It Pays to Walk 🚶 https://sweatco.in/i/weldersworkshop
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mostlysignssomeportents · 6 months ago
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Real innovation vs Silicon Valley nonsense
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This is the LAST DAY to get my bestselling solarpunk utopian novel THE LOST CAUSE (2023) as a $2.99, DRM-free ebook!
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If there was any area where we needed a lot of "innovation," it's in climate tech. We've already blown through numerous points-of-no-return for a habitable Earth, and the pace is accelerating.
Silicon Valley claims to be the epicenter of American innovation, but what passes for innovation in Silicon Valley is some combination of nonsense, climate-wrecking tech, and climate-wrecking nonsense tech. Forget Jeff Hammerbacher's lament about "the best minds of my generation thinking about how to make people click ads." Today's best-paid, best-trained technologists are enlisted to making boobytrapped IoT gadgets:
https://pluralistic.net/2024/05/24/record-scratch/#autoenshittification
Planet-destroying cryptocurrency scams:
https://pluralistic.net/2024/02/15/your-new-first-name/#that-dagger-tho
NFT frauds:
https://pluralistic.net/2022/02/06/crypto-copyright-%f0%9f%a4%a1%f0%9f%92%a9/
Or planet-destroying AI frauds:
https://pluralistic.net/2024/01/29/pay-no-attention/#to-the-little-man-behind-the-curtain
If that was the best "innovation" the human race had to offer, we'd be fucking doomed.
But – as Ryan Cooper writes for The American Prospect – there's a far more dynamic, consequential, useful and exciting innovation revolution underway, thanks to muscular public spending on climate tech:
https://prospect.org/environment/2024-05-30-green-energy-revolution-real-innovation/
The green energy revolution – funded by the Bipartisan Infrastructure Act, the Inflation Reduction Act, the CHIPS Act and the Science Act – is accomplishing amazing feats, which are barely registering amid the clamor of AI nonsense and other hype. I did an interview a while ago about my climate novel The Lost Cause and the interviewer wanted to know what role AI would play in resolving the climate emergency. I was momentarily speechless, then I said, "Well, I guess maybe all the energy used to train and operate models could make it much worse? What role do you think it could play?" The interviewer had no answer.
Here's brief tour of the revolution:
2023 saw 32GW of new solar energy come online in the USA (up 50% from 2022);
Wind increased from 118GW to 141GW;
Grid-scale batteries doubled in 2023 and will double again in 2024;
EV sales increased from 20,000 to 90,000/month.
https://www.whitehouse.gov/briefing-room/blog/2023/12/19/building-a-thriving-clean-energy-economy-in-2023-and-beyond/
The cost of clean energy is plummeting, and that's triggering other areas of innovation, like using "hot rocks" to replace fossil fuel heat (25% of overall US energy consumption):
https://rondo.com/products
Increasing our access to cheap, clean energy will require a lot of materials, and material production is very carbon intensive. Luckily, the existing supply of cheap, clean energy is fueling "green steel" production experiments:
https://www.wdam.com/2024/03/25/americas-1st-green-steel-plant-coming-perry-county-1b-federal-investment/
Cheap, clean energy also makes it possible to recover valuable minerals from aluminum production tailings, a process that doubles as site-remediation:
https://interestingengineering.com/innovation/toxic-red-mud-co2-free-iron
And while all this electrification is going to require grid upgrades, there's lots we can do with our existing grid, like power-line automation that increases capacity by 40%:
https://www.npr.org/2023/08/13/1187620367/power-grid-enhancing-technologies-climate-change
It's also going to require a lot of storage, which is why it's so exciting that we're figuring out how to turn decommissioned mines into giant batteries. During the day, excess renewable energy is channeled into raising rock-laden platforms to the top of the mine-shafts, and at night, these unspool, releasing energy that's fed into the high-availability power-lines that are already present at every mine-site:
https://www.euronews.com/green/2024/02/06/this-disused-mine-in-finland-is-being-turned-into-a-gravity-battery-to-store-renewable-ene
Why are we paying so much attention to Silicon Valley pump-and-dumps and ignoring all this incredible, potentially planet-saving, real innovation? Cooper cites a plausible explanation from the Apperceptive newsletter:
https://buttondown.email/apperceptive/archive/destructive-investing-and-the-siren-song-of/
Silicon Valley is the land of low-capital, low-labor growth. Software development requires fewer people than infrastructure and hard goods manufacturing, both to get started and to run as an ongoing operation. Silicon Valley is the place where you get rich without creating jobs. It's run by investors who hate the idea of paying people. That's why AI is so exciting for Silicon Valley types: it lets them fantasize about making humans obsolete. A company without employees is a company without labor issues, without messy co-determination fights, without any moral consideration for others. It's the natural progression for an industry that started by misclassifying the workers in its buildings as "contractors," and then graduated to pretending that millions of workers were actually "independent small businesses."
It's also the natural next step for an industry that hates workers so much that it will pretend that their work is being done by robots, and then outsource the labor itself to distant Indian call-centers (no wonder Indian techies joke that "AI" stands for "absent Indians"):
https://pluralistic.net/2024/05/17/fake-it-until-you-dont-make-it/#twenty-one-seconds
Contrast this with climate tech: this is a profoundly physical kind of technology. It is labor intensive. It is skilled. The workers who perform it have power, both because they are so far from their employers' direct oversight and because these fed-funded sectors are more likely to be unionized than Silicon Valley shops. Moreover, climate tech is capital intensive. All of those workers are out there moving stuff around: solar panels, wires, batteries.
Climate tech is infrastructural. As Deb Chachra writes in her must-read 2023 book How Infrastructure Works, infrastructure is a gift we give to our descendants. Infrastructure projects rarely pay for themselves during the lives of the people who decide to build them:
https://pluralistic.net/2023/10/17/care-work/#charismatic-megaprojects
Climate tech also produces gigantic, diffused, uncapturable benefits. The "social cost of carbon" is a measure that seeks to capture how much we all pay as polluters despoil our shared world. It includes the direct health impacts of burning fossil fuels, and the indirect costs of wildfires and extreme weather events. The "social savings" of climate tech are massive:
https://arstechnica.com/science/2024/05/climate-and-health-benefits-of-wind-and-solar-dwarf-all-subsidies/
For every MWh of renewable power produced, we save $100 in social carbon costs. That's $100 worth of people not sickening and dying from pollution, $100 worth of homes and habitats not burning down or disappearing under floodwaters. All told, US renewables have delivered $250,000,000,000 (one quarter of one trillion dollars) in social carbon savings over the past four years:
https://arstechnica.com/science/2024/05/climate-and-health-benefits-of-wind-and-solar-dwarf-all-subsidies/
In other words, climate tech is unselfish tech. It's a gift to the future and to the broad public. It shares its spoils with workers. It requires public action. By contrast, Silicon Valley is greedy tech that is relentlessly focused on the shortest-term returns that can be extracted with the least share going to labor. It also requires massive public investment, but it also totally committed to giving as little back to the public as is possible.
No wonder America's richest and most powerful people are lining up to endorse and fund Trump:
https://prospect.org/blogs-and-newsletters/tap/2024-05-30-democracy-deshmocracy-mega-financiers-flocking-to-trump/
Silicon Valley epitomizes Stafford Beer's motto that "the purpose of a system is what it does." If Silicon Valley produces nothing but planet-wrecking nonsense, grifty scams, and planet-wrecking, nonsensical scams, then these are all features of the tech sector, not bugs.
As Anil Dash writes:
Driving change requires us to make the machine want something else. If the purpose of a system is what it does, and we don’t like what it does, then we have to change the system.
https://www.anildash.com/2024/05/29/systems-the-purpose-of-a-system/
To give climate tech the attention, excitement, and political will it deserves, we need to recalibrate our understanding of the world. We need to have object permanence. We need to remember just how few people were actually using cryptocurrency during the bubble and apply that understanding to AI hype. Only 2% of Britons surveyed in a recent study use AI tools:
https://www.bbc.com/news/articles/c511x4g7x7jo
If we want our tech companies to do good, we have to understand that their ground state is to create planet-wrecking nonsense, grifty scams, and planet-wrecking, nonsensical scams. We need to make these companies small enough to fail, small enough to jail, and small enough to care:
https://pluralistic.net/2024/04/04/teach-me-how-to-shruggie/#kagi
We need to hold companies responsible, and we need to change the microeconomics of the board room, to make it easier for tech workers who want to do good to shout down the scammers, nonsense-peddlers and grifters:
https://pluralistic.net/2023/07/28/microincentives-and-enshittification/
Yesterday, a federal judge ruled that the FTC could hold Amazon executives personally liable for the decision to trick people into signing up for Prime, and for making the unsubscribe-from-Prime process into a Kafka-as-a-service nightmare:
https://arstechnica.com/tech-policy/2024/05/amazon-execs-may-be-personally-liable-for-tricking-users-into-prime-sign-ups/
Imagine how powerful a precedent this could set. The Amazon employees who vociferously objected to their bosses' decision to make Prime as confusing as possible could have raised the objection that doing this could end up personally costing those bosses millions of dollars in fines:
https://pluralistic.net/2023/09/03/big-tech-cant-stop-telling-on-itself/
We need to make climate tech, not Big Tech, the center of our scrutiny and will. The climate emergency is so terrifying as to be nearly unponderable. Science fiction writers are increasingly being called upon to try to frame this incomprehensible risk in human terms. SF writer (and biologist) Peter Watts's conversation with evolutionary biologist Dan Brooks is an eye-opener:
https://thereader.mitpress.mit.edu/the-collapse-is-coming-will-humanity-adapt/
They draw a distinction between "sustainability" meaning "what kind of technological fixes can we come up with that will allow us to continue to do business as usual without paying a penalty for it?" and sustainability meaning, "what changes in behavior will allow us to save ourselves with the technology that is possible?"
Writing about the Watts/Brooks dialog for Naked Capitalism, Yves Smith invokes William Gibson's The Peripheral:
With everything stumbling deeper into a ditch of shit, history itself become a slaughterhouse, science had started popping. Not all at once, no one big heroic thing, but there were cleaner, cheaper energy sources, more effective ways to get carbon out of the air, new drugs that did what antibiotics had done before…. Ways to print food that required much less in the way of actual food to begin with. So everything, however deeply fucked in general, was lit increasingly by the new, by things that made people blink and sit up, but then the rest of it would just go on, deeper into the ditch. A progress accompanied by constant violence, he said, by sufferings unimaginable.
https://www.nakedcapitalism.com/2024/05/preparing-for-collapse-why-the-focus-on-climate-energy-sustainability-is-destructive.html
Gibson doesn't think this is likely, mind, and even if it's attainable, it will come amidst "unimaginable suffering."
But the universe of possible technologies is quite large. As Chachra points out in How Infrastructure Works, we could give every person on Earth a Canadian's energy budget (like an American's, but colder), by capturing a mere 0.4% of the solar radiation that reaches the Earth's surface every day. Doing this will require heroic amounts of material and labor, especially if we're going to do it without destroying the planet through material extraction and manufacturing.
These are the questions that we should be concerning ourselves with: what behavioral changes will allow us to realize cheap, abundant, green energy? What "innovations" will our society need to focus on the things we need, rather than the scams and nonsense that creates Silicon Valley fortunes?
How can we use planning, and solidarity, and codetermination to usher in the kind of tech that makes it possible for us to get through the climate bottleneck with as little death and destruction as possible? How can we use enforcement, discernment, and labor rights to thwart the enshittificatory impulses of Silicon Valley's biggest assholes?
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If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/05/30/posiwid/#social-cost-of-carbon
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canmom · 8 months ago
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I think the future looks something like: large renewable deployment that will still never be as big as current energy consumption, extractivism of every available mineral in an atmosphere of increasing scarcity, increasing natural disasters and mass migration stressing the system until major political upheavals start kicking off, and various experiments in alternative ways to live will develop, many of which are likely to end in disaster, but perhaps some prove sustainable and form new equilibria. I think the abundance we presently enjoy in the rich countries may not last, but I don't think we'll give up our hard won knowledge so easily, and I don't think we're going back to a pre-industrial past - rather a new form of technological future.
That's the optimistic scenario. The pessimistic scenarios involve shit like cascading economic and crop failures leading to total gigadeaths collapse, like intensification of 'fortress europe' walled enclaves and surveillance apparatus into some kinda high tech feudal nightmare, and of course like nuclear war. But my brain is very pessimistic in general and good at conjuring up apocalyptic scenarios, so I can't exactly tell you the odds of any of that. I'm gonna continue to live my life like it won't suddenly all end, because you have to right?
Shit that developed in the context of extraordinarily abundant energy and compute like LLMs and crypto and maybe even streaming video will have a harder time when there's less of it around, but the internet will likely continue to exist - packet-switching networks are fundamentally robust, and the hyper-performant hardware we use today full of rare earths and incredibly fine fabs that only exist at TSMC and Shenzhen is not the only way to make computing happen. I hold out hope that our present ability to talk to people in faraway countries, and access all the world's art and knowledge almost instantly, will persist in some form, because that's one of the best things we have ever accomplished. But archival and maintenance is a continual war against entropy, and this is a tremendously complex system alike to an organism, so I can not say what will happen.
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freecash2025 · 9 months ago
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ecosmining · 4 months ago
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What Equipment to Use for Mining Bitcoin Profitably After the Halving?
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In April 2024, the next Bitcoin halving took place. The reward for mining one block was reduced by 50% and is now 3.125 BTC. Due to this, some may begin to doubt mining — will this activity continue to bring in a decent income? Based on our extensive experience, we can confidently say that mining can and should remain profitable even after the halving. In this article, we will discuss how to organize Bitcoin mining most rationally and what equipment to choose for this.
Bitcoin Price Will Definitely Rise After the Halving
Since the launch of the first cryptocurrency, its halving has occurred approximately every four years. In 2024, this happened for the fifth time. Throughout all these years, the price of BTC, its market capitalization, and audience have steadily increased. The popularity of mining is also growing, and new technologies are being developed to increase its efficiency.
The person or team behind Bitcoin came up with halving to control inflation and maintain demand for the coin. Halving benefits Bitcoin and in no way deprives miners of their well-deserved reward. The rarer the asset, the higher its value — this rule works after each halving. That’s why starting mining right now is an excellent idea.
Three Secrets to Keep Mining Profitable
To make money mining BTC after its halving in 2024, you need to:
Buy or rent the latest generation equipment
Reduce expenses
Find a reliable hosting provider
Let’s take a closer look at all these points.
Today, one of the best ASICs for mining Bitcoin is the Antminer 21 series. It stands out for its high hashing power combined with relatively modest energy consumption. The Antminer 21 significantly outperforms miners of previous generations. The manufacturer of this series, Bitmain, is one of the most well-known in the industry. This is a reliable brand with a very strong team, extremely popular among crypto professionals.
To increase revenue, you can purchase multiple devices and combine them into a mining farm. However, this may require too high initial costs. Additionally, you will need to find a place to host the equipment. It not only consumes a lot of energy but also makes a lot of noise. To reduce the noise level, you can buy ASICs with a water cooling system — but they are more expensive than regular ones.
To cut costs, you can rent a miner instead of buying it. Remote providers can afford the most modern ASICs. You will be able to choose one or several machines with suitable characteristics. The provider will take care of the installation, maintenance, and repair of the equipment. Their staff has all the necessary knowledge and skills. Your involvement in mining will be minimal, and you will be able to receive truly passive income.
Another option is to try cloud mining, a more modern and accessible alternative. You will be renting not an ASIC but hashing power. First, you will purchase a contract on the most comfortable terms for you. After that, your task will be reduced to regularly transferring the commission to the provider — and they will take care of everything else. You will start receiving income on the rise in the price of Bitcoin. If you want to increase your profits, you can buy multiple contracts.
Each halving forces mining providers to rethink their strategies and optimize their activities. Some of those who cannot cope with these tasks close down. That’s why it’s important to check the provider’s history — the longer they have been in business, the better.
The second important parameter is customer reviews. It’s not a problem if some of them are negative — the main thing is that the majority are positive. The contract terms of a good provider are detailed and transparent. The support service is polite, informed, and responds promptly to customer inquiries.
ECOS meets all the criteria of a first-class provider for remote mining. This company is located in the free economic zone of Armenia, where cryptocurrencies are legal, and miners are exempt from taxes for 25 years. The Razdan power plant provides stable access to cheap energy. The security of the territory where the equipment is located is guaranteed by armed guards. The equipment downtime is close to zero. If an ASIC breaks down, it will be promptly repaired on-site, without wasting time sending it to the manufacturer’s service center.
ECOS clients can choose a cloud mining contract from existing options or create their own, individual one. The selection of equipment rental or purchase options is also very large. Clients appreciate ECOS for its transparent terms, reasonable prices, and quality service. This is an ideal provider for beginner miners who are just taking their first steps in the industry. Experienced miners note the exceptional reliability of ECOS, honesty, and timely payment of rewards.
ECOS Client Case
To confirm the above theory, let’s consider a real case of one of the ECOS clients. Let’s denote him by the nickname anto******duate.org.
Immediately after the previous halving in 2020, he bought an Antminer T17 for $699. The hashing speed of this miner was 38 terahashes per second. Four years ago, this model was considered advanced, one of the best on the market.
From November 25, 2020, to November 1, 2021, anto******duate.org earned 0.08026213 BTC with his Antminer T17, which in fiat currency amounted to $5,327. Hosting and miner maintenance costs were only $1,080. The client received a net profit of $3,548. Mining turned out to be a more profitable activity for him than buying bitcoins. If he had bought bitcoins, his profit would have been only $2,900.
To estimate your upcoming expenses and profits, you can use the calculator on the ECOS website. We hope that with the help of this tool, you will see that mining BTC can still be profitable even after the halving!
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imustbenuts · 1 year ago
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oh since im thinking about ai right now
the hardware fueling this technology is serviced by nvidia graphic cards. lots of nvidia graphic cards. all made with rare materials mined from the earth and likely obtained with blood and cheap, massively unsafe labor, fed water and electricity just to make it work
and the CEO of nvidia just gave a speech yesterday in computex in taiwan and he sounds like he suffered a sudden onset of medical issue, just consumed edibles, had his speech fed by an ai, or had greed completely rot his brain, or any one or all of those. as seen in the first 25 seconds of this video
youtube
yes, the ceo of nvidia is grifting his own tech company.
nvidia in the past 4 years has earned massively from the sale of graphic cards to tech grifters. if you remember, there was a gpu shortage during covid due to the scalping of graphic cards despite the necessity for many creatives to have one, and this was due to nvidia selling a good chunk of it directly to crypto miners.
now they're selling most of their stock to companies looking at ai. its the same shitty song and dance but worse. creatives and artists just cant catch a fucking break
the sale of graphic cards to gamers has declined massively due to exorbitantly expensive priced cards, and due to how the chips have been hitting a massive wall physically and so cannot be improved as much as the years go by.
and they're excited by this short term windfall and letting greed consume them. meanwhile their newest graphic card (rtx 4060 ti) is at best a redundant, expensive, and unnecessary product
remember nvidia's contribution to this ai bullshit
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gdsupplies · 1 year ago
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How To Mine Bitcoin at Home?
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Bitcoin is the most profitable cryptocurrency in the world and can be mined at home. You need a mining tool to start mining Bitcoin at home. The process of Bitcoin mining adds new transactions to the blockchain. It involves solving complex mathematical problems to mine new coins.
This blog states How to Mine Bitcoin and the different ways to mine Bitcoin. We will further discuss the detailed procedure to mine Bitcoin with the help of an ASIC mining machine.
What Do You Need to Mine Bitcoin at Home?
It is not as easy as before to mine Bitcoin from home. You need to be careful at every step, from choosing the right crypto mining hardware to installing software on the system.
You will need electricity, a good internet connection, and a good mining rig to start mining Bitcoin at home. Moreover, you will need a Bitcoin wallet to store new coins.
What are the Various Ways to Mine Bitcoin at Home?
You can do Bitcoin mining at home in multiple ways. All these methods need a high capital with technical knowledge and special mining tools. The common methods of mining Bitcoin at home are:
·       ASIC miner
One of the most common methods to mine Bitcoin is by using an ASIC miner. This miner is developed for Bitcoin mining at home. ASIC miners are more efficient than a computer but are affordable as well.
·       Computer with graphics card
Another way to mine Bitcoin is by using a computer including a powerful GPU. These computers can solve complex mathematical problems to validate new Bitcoin transactions and mine new coins.
·       Join a Mining Pool
If you have limited capital, join a mining pool and combine your resources. You can join a group of miners to share your resources and boost the chances of mining new coins. In a mining pool, you can divide the rewards as per the contribution made by every member.
·       Cloud Mining Method
This is not so popular method of Bitcoin mining. You can rent mining power from a cloud mining service. This service provides the management of the mining equipment.
How to mine Bitcoin on a Computer?
You have to first download any Bitcoin wallet on your computer to store new BTC. Then download good mining software that works efficiently with an operating system of the computer. After downloading the software, you have to configure it with the help of a Bitcoin wallet address. Finally, you can start mining after the configuration of the hardware.
How to mine Bitcoin on an ASIC Mining Machine?
We discussed all the methods of How to mine Bitcoin at home. Now, let us discuss the method of mining Bitcoin by using an ASIC miner in this section:
1. Pick a good ASIC miner rig
The first step is to choose the best ASIC miner rig. You must look at your budget and the device’s computational power while choosing the miner rig. It is always suggested to go for the latest models when choosing the ASIC miner rig. But if you have a low budget, go for second-hand models. These models are easily available on various marketplaces and local markets.
In addition, you must consider the amount of physical space that you will save for a miner rig. You must find free space in your home to keep the best ASIC miner.
2. Factors to Determine for Buying a Rig
While purchasing ASIC miners, you must look at various factors. These factors include hardware, power supply, motherboards, frames, and central processing units. They are important to look for while getting a mining rig.
3. Pick the Mining Software
The next step is to choose the mining software. This software is a type of computer program developed to link mining hardware to blockchain and mining pools. Choose the software according to the level of mining experience and expertise that you have. You must also look at your operating system while choosing the ASIC miners.
Mining software can be used for free and by making payments. You can also choose premium versions of mining software to start Bitcoin mining. Some miners charge based on the hash power of the rig that you use.
4. Join a Good Mining Pool
Solo mining is a bit expensive task as you are a beginner. You can join a good mining pool and share your resources to generate more coins. Joining a mining pool will help you add new blocks to the blockchain and divide rewards among the members.
ASIC mining rigs help miners to control the computing power of multiple machines. They direct the computation power to the Bitcoin network and share the rewards for every block. While joining a mining pool, you must look at various factors such as reputation, payment rules, and the size of the group. You must also consider some other factors such as efficiency, customer service, and Latency while joining a mining pool.
5. Calculate Mining Profitability
The last factor to see while purchasing an ASIC miner is the profitability calculator. This calculator helps you to calculate the return on investment (ROI). Some of the most important factors to calculate the profits are current BTC prices, hash rate of mining rigs, energy costs and rig power consumption.
These parameters will be used to calculate the profitability in one day, month and year. You can get many notable profitability calculators on online marketplaces for assessing return on investment (ROI). They help to get a perfect profit planning in the process of Bitcoin mining.
Final Words
Although Bitcoin mining is an expensive at home, it is still a profitable investment for a better future. You must get the Best Bitcoin mining Hardware with special features to start mining Bitcoin right at home.
Mining Bitcoin at home can be done by various methods. You must have all the necessary things such as hardware, good internet connection and Bitcoin wallet to start Bitcoin mining. You can make huge profits with the help of Bitcoin mining.
Read More: Top 8 Differences Between Bitcoin and Bitcoin Cash
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zennyjoe4 · 2 years ago
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Five Compelling Tactics To Grow Your Crypto Community
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Due to its popularity, speed, and security, Telegram is a preferred social media platform for crypto projects. 
Studies show that 30% of the new crypto projects have gained a 270% increase in community engagement with the services of a crypto community marketing agency. 
If you want to grow your crypto community on Telegram, here are five tactics to follow: 
Establish Guidelines 
This one might seem counterintuitive, but if you want your community to grow, you should establish clear guidelines. It helps to foster a healthy environment that involves prospective buyers and investors exchanging thoughts and facts. 
Promote on Other Platforms 
An outreach strategy can do wonders for your crypto Telegram community. Make sure to include the community link on blogs, press releases, websites, and other social platforms. You must also add your channel to Telegram’s public directories. 
Create And Share Value 
Create a content calendar and regularly publish quality content in your feed. Sharing valuable information will develop authority in the crypto niche, allowing your brand to reach more audiences. For more effective visibility, post compelling visual content like pictures, videos, and infographics. 
Maintain Engagement 
Encourage your community of crypto enthusiasts, investors, developers, and miners to keep talking about your project by maintaining active engagement. You can promote user-generated content, create polls, and AMAs, or ask community members to share their stories to develop an active server. 
Host Events 
The most effective way to attract new members to your community is by hosting events. Create token giveaways, reward XPs for interactive users, create a quiz, and host hackathons for boosted growth. Brands can also promote these activities on other social media to encourage greater participation numbers. 
End Note 
Now that you have learned the steps to grow your Crypto Telegram community, it is time to initiate the steps and hire the best Crypto community marketing agency. 
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reisir · 1 year ago
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Remember kids don't use µTorrent or BitTorrent they install crypto miners and are made by the same company, Rainberry Inc. that works closely with the MPAA and the RIAA aka the copyright feds. They're also the only torrent clients that have fucking ads in them. You're pirating, you're not going to deal with fucking ads.
Some good torrent clients are qBitTorrent (very much not the same as BitTorrent), Deluge and Transmission.
Also if you're in the US, using a VPN and not seeding is the best option for you. If you're not in the US, seed as much as you can. Thank you!
streaming companies will say um we're increasing your subscription fee. no password sharing. no screenshots allowed. please subscribe to a separate channel for this movie and another for this tv show. free trial but put in your card details so we can charge you if you forget to cancel. this title is a rental only that's 4.99 please. this title is not available in your region. you are begging people to torrent at this point Like ye are off the edge of the map matey here there be pirates argh argh argh 🦜☠️
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deannaleetter · 2 days ago
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MAK CRYPTO SIGNAL S BEST CRYPTO SIGNAL S GROUP #crypto #trading
#Cryptocurrency, #CryptoExchange, #CryptoTrading #Bitcoin, #Ethereum, #Blockchain #CryptoMarket, #DigitalCurrency, #CryptoInvesting #CryptoTips, #CryptoSecurity, #CryptoNews #Altcoins, #CryptoAnalysis, #CryptoWallets #CryptoFees, #CryptoGuide, #CryptoBeginners #CryptoCommunity, #CryptoUpdates, #CryptoProfits #CryptoReviews, #CryptoPlatforms, #CryptoFeatures Cryptocurrency, or crypto, is a form of digital or virtual currency that uses cryptography for security. Unlike traditional currencies issued by governments, cryptocurrencies operate on decentralized systems, typically using blockchain technology, which is a distributed ledger maintained by a network of computers (nodes). This decentralization makes them immune to control by governments or financial institutions. Here are some key aspects of cryptocurrency: Blockchain: A blockchain is a secure and transparent way to record transactions across multiple computers. It serves as a public ledger for all cryptocurrency transactions. Bitcoin, Ethereum, and many other cryptos use blockchain to ensure integrity. Bitcoin: The first and most well-known cryptocurrency, created in 2009 by an anonymous individual or group under the pseudonym Satoshi Nakamoto. It paved the way for a new era of digital finance. Altcoins: Any cryptocurrency that is not Bitcoin is considered an altcoin. Examples include Ethereum (ETH), Litecoin (LTC), and Ripple (XRP). Many altcoins offer unique features and improvements over Bitcoin. Mining: Mining is the process through which new cryptocurrency coins are generated, and transactions are added to a blockchain. Miners use computational power to solve complex mathematical problems, and in return, they are rewarded with newly minted coins. Wallets: Cryptocurrency wallets are digital tools that store users’ private and public keys and allow them to send and receive crypto. They come in different forms, including software wallets, hardware wallets, and even paper wallets. Exchanges: Platforms where users can buy, sell, and trade cryptocurrencies. Examples include Binance, Coinbase, and Kraken. DeFi (Decentralized Finance): DeFi refers to a financial system built on blockchain technology, allowing people to trade, borrow, and lend without traditional intermediaries like banks. Smart Contracts: Introduced by Ethereum, smart contracts are self-executing contracts with the terms of the agreement written directly into code. These contracts automatically execute and enforce themselves without the need for a middleman. MAK CRYPTO SIGNAL S BEST CRYPTO SIGNAL S GROUP #crypto #trading published first on https://www.youtube.com/@DCN4U/ via https://dcn4u.wordpress.com/2024/11/11/mak-crypto-signal-s-best-crypto-signal-s-group-crypto-trading/
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dcn4u · 2 days ago
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youtube
#Cryptocurrency, #CryptoExchange, #CryptoTrading #Bitcoin, #Ethereum, #Blockchain #CryptoMarket, #DigitalCurrency, #CryptoInvesting #CryptoTips, #CryptoSecurity, #CryptoNews #Altcoins, #CryptoAnalysis, #CryptoWallets #CryptoFees, #CryptoGuide, #CryptoBeginners #CryptoCommunity, #CryptoUpdates, #CryptoProfits #CryptoReviews, #CryptoPlatforms, #CryptoFeatures Cryptocurrency, or crypto, is a form of digital or virtual currency that uses cryptography for security. Unlike traditional currencies issued by governments, cryptocurrencies operate on decentralized systems, typically using blockchain technology, which is a distributed ledger maintained by a network of computers (nodes). This decentralization makes them immune to control by governments or financial institutions. Here are some key aspects of cryptocurrency: Blockchain: A blockchain is a secure and transparent way to record transactions across multiple computers. It serves as a public ledger for all cryptocurrency transactions. Bitcoin, Ethereum, and many other cryptos use blockchain to ensure integrity. Bitcoin: The first and most well-known cryptocurrency, created in 2009 by an anonymous individual or group under the pseudonym Satoshi Nakamoto. It paved the way for a new era of digital finance. Altcoins: Any cryptocurrency that is not Bitcoin is considered an altcoin. Examples include Ethereum (ETH), Litecoin (LTC), and Ripple (XRP). Many altcoins offer unique features and improvements over Bitcoin. Mining: Mining is the process through which new cryptocurrency coins are generated, and transactions are added to a blockchain. Miners use computational power to solve complex mathematical problems, and in return, they are rewarded with newly minted coins. Wallets: Cryptocurrency wallets are digital tools that store users' private and public keys and allow them to send and receive crypto. They come in different forms, including software wallets, hardware wallets, and even paper wallets. Exchanges: Platforms where users can buy, sell, and trade cryptocurrencies. Examples include Binance, Coinbase, and Kraken. DeFi (Decentralized Finance): DeFi refers to a financial system built on blockchain technology, allowing people to trade, borrow, and lend without traditional intermediaries like banks. Smart Contracts: Introduced by Ethereum, smart contracts are self-executing contracts with the terms of the agreement written directly into code. These contracts automatically execute and enforce themselves without the need for a middleman. MAK CRYPTO SIGNAL S BEST CRYPTO SIGNAL S GROUP #crypto #trading published first on https://www.youtube.com/@DCN4U/
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unicoin-dcx · 29 days ago
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Why The Crypto Market Is Like The Stock Market On Steroids
The stock market has served as a foundation of our financial system for centuries, allowing companies to raise capital and investors to trade shares for profit. Meanwhile, crypto exchanges are a relatively recent development, born only in 2009 with the creation of Bitcoin. It provides an alternative financial system through digital currencies, challenging traditional concepts of ownership and exchange. While the stock market focuses on shares, bonds, and derivatives, the crypto market offers digital assets like Bitcoin, Ethereum, and thousands of altcoins. Despite their differences, both systems aim to connect buyers and sellers, providing a platform for innovation, investment, and speculative trading. However, crypto markets bring new opportunities and risks that push the boundaries of traditional finance. 
The Evolution of Trading
Trading has evolved from physical exchanges like the New York Stock Exchange to digital platforms that process millions of transactions per second. Speculation—betting on price movements—has always been a driving force, as traders seek to profit from short-term fluctuations. In both the stock and crypto markets, traders play a critical role by providing liquidity, ensuring that buyers and sellers can execute their trades efficiently. Speculation allows the producers–farmers, miners (both actual and crypto), or programmers to focus on their work and let professionals manage the risk. 
The growth of trading platforms has reshaped how markets function. Algorithmic trading, high-frequency trading, and derivatives have added complexity to financial markets, requiring advanced tools to stay competitive. Similarly, the rise of cryptocurrency exchange platforms has mirrored this evolution, offering sophisticated features for retail and institutional traders. The best crypto trading platforms out there can handle millions of trades without interruption, fostering fast-moving markets that cater to both novice and professional traders.
The Common Features
Both the stock and crypto markets share several fundamental features.
Price Volatility: Stocks and cryptocurrencies experience significant price swings, driven by market sentiment, economic data, or regulatory developments. Traders live off making volatility their ally, as it creates opportunities for profit.
Speculation and Liquidity: Speculation fuels both markets, as investors aim to capitalize on price changes. Liquidity is essential for efficient markets, allowing participants to buy and sell quickly without large price impacts.
Exchange Platforms: In both markets, exchanges play a vital role by facilitating trades. Whether it’s the NASDAQ for stocks or a crypto exchange for digital assets, these platforms act as marketplaces for buyers and sellers.
Market Sentiment: Both markets respond to news, rumors, and global events. Sentiment drives large movements, often leading to rapid gains or losses within short periods.
How the Crypto Market Took the Lead
While stock markets have been integral to the financial world, crypto markets offer unique advantages, particularly for active traders.
 24/7 Availability: Unlike stock markets, which operate during fixed hours, crypto markets run around the clock. Traders can buy or sell digital assets at any time, providing flexibility and allowing them to respond immediately to market changes. This constant activity leads to high levels of liquidity and continuous price discovery.
Lower Barriers to Entry: Many crypto exchanges allow users to trade with minimal identification requirements, making it easier for individuals to participate. The very best crypto trading platforms like Unicoin DCX offer intuitive interfaces and tools designed for beginners while also accommodating experienced traders.
Global Accessibility: The crypto market is accessible from anywhere in the world. Users only need an internet connection to participate. In contrast, stock trading may require access to specific exchanges, subject to regional regulations or restrictions.
Innovative Financial Products: Crypto markets offer instruments such as staking, decentralized finance (DeFi) protocols, and tokenized assets. These innovations provide more ways for participants to earn, trade, or invest beyond traditional stocks and bonds.
Faster Transactions: Traditional stock trades can take days to settle, depending on intermediaries and clearing houses. In contrast, cryptocurrency transactions are processed in minutes or even seconds, especially on advanced cryptocurrency exchange platforms. This speed enables traders to execute strategies quickly and efficiently.
All being said, crypto markets are not without their risks. Regulatory uncertainty, security concerns, and extreme volatility remain significant challenges. However, traders willing to accept these risks find opportunities that traditional markets cannot provide.
Final Thoughts
The stock market and the crypto market share common ground, both serving as platforms for value exchange, investment, and speculation. While the stock market has matured over centuries, the crypto market has rapidly emerged as an alternative financial system. Both rely on exchanges to connect participants, with volatility, liquidity, and market sentiment playing crucial roles. In a sense, the crypto market takes everything the stock market offers and amplifies it. Crypto markets are like a trading landscape where innovation happens in real time and opportunities are available around the clock.
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crypto-tech · 29 days ago
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What are the types of exchange in cryptocurrency?
Cryptocurrency is a digital currency secured by cryptography. Cryptocurrency traders use crypto exchange platforms to buy, sell and trade these digital currencies.There are various types of cryptocurrency exchanges world wide, among them there are three major types of cryptocurrency exchanges used by the crypto traders.   They are (CEX) Centralized exchange,( DEX) Decentralized exchange and (P2P) Peer to peer exchanges.
Centralized crypto exchange (CEX)
 A (CEX) centralized crypto exchange is a platform which acts as an intermediary between buyers and sellers and operated by a central authority. like a traditional bank, Here the funds are deposited in an account by the user which acts as a controller of those funds. The funds are handled safe and securely by the platform. The crypto exchange platform executes trades on behalf of the buyers and sellers. It has a high liquidity rate compared to any other types of exchanges. As it has the involvement of a third party, it is vulnerable to hacks and thefts.
Decentralized crypto exchange (DEX)
 (DEX) decentralized crypto exchange is a platform which contacts blockchain’s smart contracts for transactions, instead of employing any intermediates. In this exchange, the transaction is done directly by the buyer and seller without any central authority. The user remains in control of their private key. It allows highly secure transactions as there is no involvement of third parties. But, it has a low liquidity rate compared to centralized exchanges.
P2P crypto exchange
 (P2P) Peer to peer is a crypto exchange platform which does not require any intermediate. It connects buyers and sellers directly. The cryptocurrencies are hold by the escrow agent until the payment is confirmed and the funds are released to the sellers. Anonymous individuals or miners verify and approve each and every transaction. As this exchange gives total autonomy to users, it is more resistant to thefts and hacks. 
These are all the three major types of cryptocurrency exchanges. Clarisco is one of the best cryptocurrency exchange development services companies, which offers all  types of cryptocurrency exchanges available worldwide. If you are interested in investing in any type of crypto exchanges, feel free to contact the below mentioned address and speak to our experts now!
For more details -  https://www.clarisco.com/cryptocurrency-exchange-development 
Check our portfolio- https://bit.ly/47lRBOE
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coineagle · 2 months ago
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Is This Your Final Opportunity to Score Low-Cost Bitcoin? Insights from Puell Multiple Say…
Key Points
Bitcoin’s prolonged price range could soon end, indicating a potential bull run.
Analysts predict Bitcoin could surpass $90K in Q4 2024.
Bitcoin [BTC] has experienced a turbulent price range for over half a year, causing some traders and investors to remain on the sidelines.
Despite a relief rally to $64K triggered by last week’s Federal Reserve pivot, some market experts have expressed caution due to the looming U.S. recession.
A Potential End to the Price Range
Bitcoin analyst Crypto Con has suggested that the stagnant price range could be nearing its end. This is based on the historical patterns of the Puell Multiple, a metric used to gauge market cycle tops and bottoms based on miner profitability.
The current ‘mid-top correction end’ is reportedly the second-best time to buy discounted BTC before the next price increase. This sentiment was also expressed by another BTC analyst, Willy Woo.
Market Predictions for Bitcoin
Market experts are increasingly sharing a bullish outlook for Q4 and 2025. Geoff Kendricks, Head of Digital Asset Research at Standard Chartered, has predicted that BTC could reach $200K by the end of 2025, regardless of the outcome of the US elections.
Market analyst Stockmoney Lizards has similarly estimated that BTC could hit between $90K-$100K between Q4 2024 and early 2025.
However, it’s important to note that past performance doesn’t necessarily predict future BTC results. Geopolitical factors and other macro updates could also impact these projections. Therefore, keeping track of these developments alongside expert projections is vital.
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