• • 2017-08-17 • The first thing you need is dash O and then you paste that host name that you copied earlier. The hash rate is a little higher now. And the only number that really changed was this number here and my intensity. Secondly, the amount of time that it takes the network to create new coins is a little different. We are mining with 6 threads on the CPU jiner on the whole NVIDIA GPU. MultiMiner uses the underlying mining engine BFGMiner to detect available mining devices and then presents a user interface for selecting the coins you'd like to mine. MultiMiner bitcoin miner windows service zip not available ships with a console application TUI availab,e low power devices such as ARM-based miners. MultiMiner also offers several views, allowing you to display as much or as little information as you like. For new users, MultiMiner includes a Getting Started wizard that walks you through selecting an engine, a coin, a pool, and configuring Sevice. MultiMiner will automatically download and install the latest version of BFGMiner, making it simple for the avaioable user to get started. You can then use the Configure Pools dialog to setup each coin that you would like to mine along with their pools, including support for load balancing. MultiMiner supports automatically mining the most profitable coins based on a set of configurable strategies. It serves two main purposes: So what that will do is it will enable you to start mining, because now they have an address where they pay your yield. Any attempt to change network rules would create a fork in the blockchain. And then you just go ahead. It could potentially burn them out, overheat them. And key findings. User email behavior. Protection and best practices. Email Threats 2017. An ISTR Special Report. In BEC scam emails. Percent of BEC emails payment. 10.3 request. 8.6 attention. 7.3 transfer. Cloud mining bitcoin gratis rada Bitcoin secure Read More Text Mining with. Vulabar • Bitcoin mining power distribution networks • 2017-11-18. Http bitcoin mining com port. About a year ago when the Bitcoin train was just starting to gather steam, a friend turned to me and asked, 'So why can't you just copy a Bitcoin. Oracle Payables 1099 Print, Email and E-File Software Launched by RealTaxTools.com. Mining Mining. Free trial download of W2 Mate 2013 is available from http. The Cudaminer is only for NVidia graphics cards. Go ahead and download that. Profitability information is updated regularly from CoinChoose, CoinWarz, WhatMine, and WhatToMine. MultiMiner also supports features such as relaunching crashed miners, starting with Windows, minimizing to the notification area, and mining on startup. You can also use the interface provided by MultiMiner to adjust advanced settings such as API white-listing, disabling GPU mining, and automatically adjusting mining intensity based on the computer's idle time. Finally, MultiMiner supports MobileMineran open API with mobile apps for remotely monitoring and controlling your rigs. By entering your MobileMiner email address and application key in the Configure Settings dialog, you will be able to remotely monitor and control your rigs without having to open any firewalls or forward any ports. Downloads You can download installers and zip files for Windows, OS X, Linux and Mono on the Github releases page. Windows Installation Download and run the installer. • And my speed is a hundred and seventy-nine kilohertz per second. • This is a trusted source and we can download the Litecoin wallet for Windows, Mac or Linux. • GUIMiner supports the most popular Bitcoin Mining software, including OpenCL Miner for AMD graphics cards, CUDA Miner for Nvidia cards, CGminer for any ASIC Miner, and even Ufasoft Miner so you can mine Bitcoins with your CPU! However, if bitcoin miner windows service zip not available prefer you can use the zip file: Download and extract the zip file at the above link Launch MultiMiner. Linux Installation Debian-Based Install the latest version of Mono Code.
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||||||| Electricians were originally people who demonstrated or studied the principles of electricity, often electrostatic generators of one form or another. In the United States, electricians are divided into two primary categories: linemen, who work on electric utility company distribution systems at higher voltages, and wiremen, who work with the lower voltages utilized inside buildings. Wiremen are generally trained in one of five primary specialties: commercial, residential, light industrial, industrial, and low-voltage wiring, more commonly known as Voice-Data-Video, or VDV. Other sub-specialties such as control wiring and fire-alarm may be performed by specialists trained in the devices being installed, or by inside wiremen. Electricians are trained to one of three levels: Apprentice, Journeyman, and Master Electrician. In the US and Canada, apprentices work and receive a reduced compensation while learning their trade. They generally take several hundred hours of classroom instruction and are contracted to follow apprenticeship standards for a period of between three and six years, during which time they are paid as a percentage of the Journeyman's pay. Journeymen are electricians who have completed their Apprenticeship and who have been found by the local, State, or National licensing body to be competent in the electrical trade. Master Electricians have performed well in the trade for a period of time, often seven to ten years, and have passed an exam to demonstrate superior knowledge of the National Electrical Code, or NEC. Service electricians are tasked to respond to requests for isolated repairs and upgrades. They have skills troubleshooting wiring problems, installing wiring in existing buildings, and making repairs. Construction electricians primarily focus on larger projects, such as installing all new electrical system for an entire building, or upgrading an entire floor of an office building as part of a remodeling process. Other specialty areas are marine electricians, research electricians and hospital electricians. 'Electrician' is also used as the name of a role in stagecraft, where electricians are tasked primarily with hanging, focusing, and operating stage lighting. In this context, the Master Electrician is the show's chief electrician. Although theater electricians routinely perform electrical work on stage lighting instruments and equipment, they are not part of the electrical trade and have a different set of skills and qualifications from the electricians that work on building wiring. In the film industry and on a television crew the head electrician is referred to as a Gaffer. 2018-01-20 2018-01-20. 2018-01-20 2018-01-20. This mining calculator will display your expected earnings in both Ether and Dollars. The calculations are based on the assumption that all conditions (difficulty and. Electrical contractors are businesses that employ electricians to design, install, and maintain electrical systems. Contractors are responsible for generating bids for new jobs, hiring tradespeople for the job, providing material to electricians in a timely manner, and communicating with architects, electrical and building engineers, and the customer to plan and complete the finished product. Before getting into depth one must understand that most of the world's Tax laws consider income as taxable when it is received by you. Now this line could have two perspectives. Received could mean when you have received your bitcoins in wallet or cashed out your bitcoins and received it in bank. If you use a private key wallet there is absolutely no way your govt. Can know when have you received your bitcoins. If you use an exchange then you are not anonymous as most of exchanges do KYC. Now the tax on this income from jobs can be split into two parts. First is the tax on the amount of bitcoins at their corresponding value that day when you received them, this would be income from either business or other incomes. And the tax on the amount you have earned due to increase in price of bitcoin this can be treated as a capital gain. So these two would be taxed in this manner if you are using an exchange. For private key wallet just cash out your bitcoin at end of fiscal year and pay taxes on it as income from business or other sources. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? I think its just the same since you did still able to get those coins or bitcoin earnings from a job which you can still declare and I cant see that there would be a problem on that. Want to know if your government is already requiring you to have such declarations? That's too strict though. For now in my state here in my country I don't have much problem regarding on that even though it is already involving huge money but yet taxation on bitcoin earnings isn't still being imposed. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? It's up to you on how you'll declare it, if your taxing ministry is obligating you to pay taxes since it is a must and you are earning so your conscience will be dictating you of doing so. You can just declare that you are a freelancer since most of the online jobs are treated and called that way. It doesn't matter if it is in bitcoin as long it has value and you are converting it to your local currency. In order to avoid paying tax, I use online exchangers. They can be used to send the Fiat on any account without registration. In this case you will not track and you can do any in-store purchase without using your Bank account. It seems to me that bitcoin was conceived in order not to interfere with the government and therefore I consider myself free from tax liabilities. It's depend on their government whenever they have legalize and apply tax or not. Meanwhile my government still not legalize yet so no one forcing me to explain bitcoin as my income. They just forbid bitcoin as main transaction because bitcoin can be use for criminal things. ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ Sr. Members ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ▄▄███████████████▄▄ ███████████████████████ ███████████████████████████ ███████████████████████████████ ████████ ▀██████████▀▄▄▀███████ ███ ███ ▐█▌ █████████████ █████████▄ ███ ███ ███ █████████ ▀████████ ▀▀ ████████ ████ ████ ███ ▀▀▀▀▀███▀▀▀▀▀ ███▀▀▀▀▀███▄ ███ ███ ███ █████████ █▄ ▀█▀ ███ █████████ █████ █████ █████ ███ ███ ▀██▌ ███ ███▄ ▄███ █████████ ███▄ ▄███ ██. In order to avoid paying tax, I use online exchangers. They can be used to send the Fiat on any account without registration. In this case you will not track and you can do any in-store purchase without using your Bank account. It seems to me that bitcoin was conceived in order not to interfere with the government and therefore I consider myself free from tax liabilities. It's depend on their government whenever they have legalize and apply tax or not. Meanwhile my government still not legalize yet so no one forcing me to explain bitcoin as my income. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? It's up to you on how you'll declare it, if your taxing ministry is obligating you to pay taxes since it is a must and you are earning so your conscience will be dictating you of doing so. You can just declare that you are a freelancer since most of the online jobs are treated and called that way. It doesn't matter if it is in bitcoin as long it has value and you are converting it to your local currency. The thing is i don't convert it in local currency! So should i declare something in bitcoin? It seems a bit silly to declare something you did not cash out even if it's a regulary income when you know 5000 dollars can become 1000 dollars quickly until you cash it out. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? It's up to you on how you'll declare it, if your taxing ministry is obligating you to pay taxes since it is a must and you are earning so your conscience will be dictating you of doing so. You can just declare that you are a freelancer since most of the online jobs are treated and called that way. It doesn't matter if it is in bitcoin as long it has value and you are converting it to your local currency. The thing is i don't convert it in local currency! So should i declare something in bitcoin? It seems a bit silly to declare something you did not cash out even if it's a regulary income when you know 5000 dollars can become 1000 dollars quickly until you cash it out. If you don't convert it in local currency then I think you don't need to pay any tax because there is no income to declare yet. If your country do not have any applicable laws yet regarding bitcoin income then you don't need to pay any tax. Your country may have particular laws regarding fiat currency so it will only be applicable in fiat in which case you will not pay any tax if the bitcoin income you earn is not in fiat yet. Before getting into depth one must understand that most of the world's Tax laws consider income as taxable when it is received by you. Now this line could have two perspectives. Received could mean when you have received your bitcoins in wallet or cashed out your bitcoins and received it in bank. If you use a private key wallet there is absolutely no way your govt. Can know when have you received your bitcoins. If you use an exchange then you are not anonymous as most of exchanges do KYC. Now the tax on this income from jobs can be split into two parts. First is the tax on the amount of bitcoins at their corresponding value that day when you received them, this would be income from either business or other incomes. And the tax on the amount you have earned due to increase in price of bitcoin this can be treated as a capital gain. So these two would be taxed in this manner if you are using an exchange. For private key wallet just cash out your bitcoin at end of fiscal year and pay taxes on it as income from business or other sources. You clarified this issue well enough. The difference between the value at the time when the Bitcoin is received and when it is converted to fiat money is the capital gains and one has to pay capital gain tax for that. The other tax is, of course, the tax on the income received meaning the whole Bitcoin upon receiving it. I agree that in countries like USA it would be good to declare everything and I think there is already easy-to-understand guide available online for anyone declaring and paying the appropriate tax on this. One thing is sure the government is very much enthusiastic in collecting taxes and in imposing penalties once they are aware that one is not declaring all transactions correctly BUT they are reluctant in supporting the cryptocurrency movement unlike Japan, South Korea, Taiwan and Australia. This is a one-sided kind of a situation which we hope can be corrected soon when Bitcoin is already a well-accepted and legitimized currency. If the government is very much happy promoting the legalized marijuana industry, I don't see the rational why it should not be in the forefront promoting the adoption of cryptocurrency when it can anyway imposed strict regulations if they want. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? Until ou convert it to your fiat currency then you don't need to worry about it. Once you converted it to fiat that is the only time that you can consider it as an income and that is the time that you can declare it. Unless your government already accepted crypto currency and they have regulations for it. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? I consider my bitcoin income as actual income only when I exchange it to fiat. So I may have 1 bitcoin in my wallet and I cashed out 0.3 bitcoin to my bank account. So I will consider that 0.3 bitcoin equivalent of cash as my income and I will report it to my tax information sheet. I won't report my entire holding of 1 bitcoin because it is not actually received and infused in to economy. So it doesn't matter how many bitcoins you earn from various sources like bounty, moderation, referral income etc. Unless and until you cash it out, it can't be considered as your income as per the tax law in majority of the countries. I follow the same thing. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? I consider my bitcoin income as actual income only when I exchange it to fiat. So I may have 1 bitcoin in my wallet and I cashed out 0.3 bitcoin to my bank account. So I will consider that 0.3 bitcoin equivalent of cash as my income and I will report it to my tax information sheet. I won't report my entire holding of 1 bitcoin because it is not actually received and infused in to economy. So it doesn't matter how many bitcoins you earn from various sources like bounty, moderation, referral income etc. Unless and until you cash it out, it can't be considered as your income as per the tax law in majority of the countries. I follow the same thing. Your'e right. But in fact (we are working in Eastern Europe) tax service can make little bit differ decision, and here we have practice of income directly from mining forgetting salary in BTC. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? It's up to you on how you'll declare it, if your taxing ministry is obligating you to pay taxes since it is a must and you are earning so your conscience will be dictating you of doing so. You can just declare that you are a freelancer since most of the online jobs are treated and called that way. It doesn't matter if it is in bitcoin as long it has value and you are converting it to your local currency. The thing is i don't convert it in local currency! So should i declare something in bitcoin? It seems a bit silly to declare something you did not cash out even if it's a regulary income when you know 5000 dollars can become 1000 dollars quickly until you cash it out. If you don't convert it in local currency then I think you don't need to pay any tax because there is no income to declare yet. If your country do not have any applicable laws yet regarding bitcoin income then you don't need to pay any tax. Your country may have particular laws regarding fiat currency so it will only be applicable in fiat in which case you will not pay any tax if the bitcoin income you earn is not in fiat yet. Okay good, this is what i wanted to know, because i invest this money and don't want to cash it out yet. But i wonder when it comes to cashing out, how it works, because we have to explain in details how we got this money, to prove it's not money laundering, but how to explain income from bounties for example? It will be quite hard to justify, they will have to call every project. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? I consider my bitcoin income as actual income only when I exchange it to fiat. So I may have 1 bitcoin in my wallet and I cashed out 0.3 bitcoin to my bank account. So I will consider that 0.3 bitcoin equivalent of cash as my income and I will report it to my tax information sheet. I won't report my entire holding of 1 bitcoin because it is not actually received and infused in to economy. So it doesn't matter how many bitcoins you earn from various sources like bounty, moderation, referral income etc. Unless and until you cash it out, it can't be considered as your income as per the tax law in majority of the countries. I follow the same thing. This is quite logical if you earned bitcoin. Only me interested in this question. What if you bought bitcoin? In this case, you have to pay tax only on the difference between purchase and sale. It is a tax on capital gains. But how can you prove that you have spent a certain amount of money to buy bitcoin? Your'e right. But in fact (we are working in Eastern Europe) tax service can make little bit differ decision, and here we have practice of income directly from mining forgetting salary in BTC. Do you have a registered business? If yes then you have to pay taxes on the money you're earning and paying your employees. It's a huge risk to neglect it because as a business you have to write reports and have bills for every payment. You just can't operate without it and the authorities often perform random inspections, so sooner or later they'll come knocking. If you are a solo miner that's not registered you're safe as long as you don't cash out. You can keep your mined coins as long as you like and be perfectly safe until you move it all to your exchange account because from that moment the coins will become associated with your ID. In order to avoid paying tax, I use online exchangers. They can be used to send the Fiat on any account without registration. In this case you will not track and you can do any in-store purchase without using your Bank account. It seems to me that bitcoin was conceived in order not to interfere with the government and therefore I consider myself free from tax liabilities. I haven't seen an online exchange that doesn't require you to verify before allowing you to cash out. Even if such an exchange would exist you're still sending money to a bank account that's in your name. You have to be extremely naive to think that your fiat can't be traced by your government. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? This depends on the laws on respective countries when it comes to taxable incomes and it will also depend on the scope of each government agency. My colleague interviewed the lawyer at our BSP (Central Bank) and asked if whether bitcoin is legal and taxable. They said that here in the Philippines, they see bitcoin as property, thus it is not subject to legal tender. Also, mining bitcoin falls under the category of 'other income' making it taxable. Since I do know anyone here who mines bitcoin, I really cannot answer if how they declare it under their income tax return. Bitcoin profits are an isolated case where it varies depending on the situation given. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? Is depend from your country. For my country not legalized bitcoin yet. For me I earn from job (signature campaign) and easy to declare also. We can do jobs and earn some bitcoin from there, I think same things like investment. But for investment, we have a risk of it. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? I will try to put this based on my little understanding of investments and how funds is being earned via several means and at the same time link it to various form of tax within my jurisdiction. Anything you do to earn money, you're to declare your income because every options you listed there can be likened to social media advertising or say digital advertising which is done on a large scale that some people also establish a company for and they are required to pay their tax on such income derived. However, as an individual, you pay a tax different from what a company would pay. In declaring, you can go the route of either self assessment or wait for government to come after you depending on your country residence. Your'e right. But in fact (we are working in Eastern Europe) tax service can make little bit differ decision, and here we have practice of income directly from mining forgetting salary in BTC. Do you have a registered business? If yes then you have to pay taxes on the money you're earning and paying your employees. It's a huge risk to neglect it because as a business you have to write reports and have bills for every payment. You just can't operate without it and the authorities often perform random inspections, so sooner or later they'll come knocking. If you are a solo miner that's not registered you're safe as long as you don't cash out. You can keep your mined coins as long as you like and be perfectly safe until you move it all to your exchange account because from that moment the coins will become associated with your ID. In order to avoid paying tax, I use online exchangers. They can be used to send the Fiat on any account without registration. In this case you will not track and you can do any in-store purchase without using your Bank account. It seems to me that bitcoin was conceived in order not to interfere with the government and therefore I consider myself free from tax liabilities. I haven't seen an online exchange that doesn't require you to verify before allowing you to cash out. Even if such an exchange would exist you're still sending money to a bank account that's in your name. You have to be extremely naive to think that your fiat can't be traced by your government. I use exchanger which does not require registration. Of course if I send money to my Bank card that I can detect but I do not. I buy everything that I need in the online store. There you can pay by credit card. I send Fiat from your anonymous account once in the store. In this case, I have no way to track. I haven't seen an online exchange that doesn't require you to verify before allowing you to cash out. Even if such an exchange would exist you're still sending money to a bank account that's in your name. You have to be extremely naive to think that your fiat can't be traced by your government. I use exchanger which does not require registration. Of course if I send money to my Bank card that I can detect but I do not. I buy everything that I need in the online store. There you can pay by credit card. I send Fiat from your anonymous account once in the store. In this case, I have no way to track. Care to give us some more info? I haven't encountered an exchange that would allow me to sell BTC for fiat without verification. Nowadays it's hard to find one that allows trading crypto pairs without at least a basic verification by phone. That's because of anti money laundering and anti terrorist laws. In Europe and the USA it's a normal thing. Also, sending things to your home doesn't make the transaction anonymous anymore, even if you use a fake name. In order to avoid paying tax, I use online exchangers. They can be used to send the Fiat on any account without registration. In this case you will not track and you can do any in-store purchase without using your Bank account. It seems to me that bitcoin was conceived in order not to interfere with the government and therefore I consider myself free from tax liabilities. No one can ask for taxes because of the expense in the store, and bank accounts sometimes have to make a final explanatory statement. It was not my case. But those who transfer Bitcoin in extreme amounts complain too much. Income declaration from BTC is still not clear in most of the countries, but what I see is that income from campaign or bounties are the reward to your service so it is the active income which you earn which may come under Income generated by delivering services. And the income which you generate by holding BTC will taxed as per short-term capital gain(if sold within 1 year) or long-term capital gain(if HODL for more than 1 year). Rest I suggest you to consult a TAX expert, he can guide you better as per your own country tax laws. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? Yes, I agree it is an income. But you know, each country of jurisdiction has its own rules and regulations as to the declaration of income. So you would have to check on your local/national laws regarding that. I think you would also need to qualify as to whether what you are doing is full-time or that of part-time. Because as for us, if it is only a part-time job, you need not declare anything that you earned out of it. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? It is easy they make deal using dollar reference so you will work for 1,000$/month and check the value of dollar /BTC every month. To be honest this is one of big problem which make cash better for bounties, regular incomes for helping teams in moderation, etc. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? I think its just the same since you did still able to get those coins or bitcoin earnings from a job which you can still declare and I cant see that there would be a problem on that. Want to know if your government is already requiring you to have such declarations? That's too strict though. For now in my state here in my country I don't have much problem regarding on that even though it is already involving huge money but yet taxation on bitcoin earnings isn't still being imposed. It's the same in my country. Taxation on bitcoin earnings aren't imposed yet although bitcoin is considered legal. There has not been any legislation or specifications made regarding bitcoin income that has been declared by my country. Perhaps as of now, there are no declarations yet. I guess that a problem arises once you exchange you bitcoin to the local currency - there may be the need of taxes for that. Especially if it's a huge amount, you would probably have to declare it as an income. Since anything digital can be copied over and over again, the hard part about implementing a digital payment system is making sure that nobody spends the same money more than once. Traditionally, this is done by having a trusted central authority (like PayPal) that verifies all of the transactions. The core innovation that makes Bitcoin special is that it uses consensus in a massive peer-to-peer network to verify transactions. This results in a system where payments are non-reversible, accounts cannot be frozen, and transaction fees are much lower. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? Well that might take some understanding from your financial expertises or bankers. Investing is the only and most widely known 'job' known by the majority of world regarding bitcoin. You have to make them aware by giving them some proofs of the forum if you want to get it declared. If bitcoin is legal in your country they might not get into depth of the source if the amount is considerate and less than 5 bitcoins. Income in Bitcoin may come in different sources. I will give you the 3 main source I know to earn Bitcoins and be considered as an income when converted into fiat currency. 1) Signature Campaign- This is actually what I am doing now. Signature campaign is like a concept of advertising. You are going to wear an advertisement which is the signature and sometimes also with an avatar. The payments differ per ranks. The higher your rank the higher the pay will be. And payments are commonly made once a week. It may be per post or a standard payment weekly. 2) Mining- In this kind of activity you need to invest on a hardware and electricity. The concept is you are gathering transactions and the income is the transaction fee. I am not very familiar with the technicality but this I think earns a lot of you have a good miner. 3) Trading/Investing- Trading means you are a short time investor who buys and sells from time to time. While investing is when you hold it for a long term investment. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? Everyone should understand that every country has different approach or laws regarding taxation and better ask this in the local board you belong for a higher chance of having the full information from your countrymen. In a country with no regulation like mine,, there is no such thing as declaring or paying tax on cryptocurrency. I mean we are lucky enough for now but until when is a big question. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? It's easy to explain that. Explain if we invest in bitcoin, or trading in bitcoin. Surely everyone already knows and understand, those who are also trading in forex, would also explain the same thing. 'Profit from trading'. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? Everyone should understand that every country has different approach or laws regarding taxation and better ask this in the local board you belong for a higher chance of having the full information from your countrymen. In a country with no regulation like mine,, there is no such thing as declaring or paying tax on cryptocurrency. I mean we are lucky enough for now but until when is a big question. Good suggestion which is the best way to do for now which you should post on local board because people residing on that country will surely give you worthy answers. Taxation matter would really be entirely different on each country. Some would be strict some aren't too serious regarding on this matter which means cases would really be entirely different. And your question about on when they would strict and put compliance regarding tax then sooner or later we would really reach that thing. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? Everyone should understand that every country has different approach or laws regarding taxation and better ask this in the local board you belong for a higher chance of having the full information from your countrymen. In a country with no regulation like mine,, there is no such thing as declaring or paying tax on cryptocurrency. I mean we are lucky enough for now but until when is a big question. Good suggestion which is the best way to do for now which you should post on local board because people residing on that country will surely give you worthy answers. Taxation matter would really be entirely different on each country. Some would be strict some aren't too serious regarding on this matter which means cases would really be entirely different. And your question about on when they would strict and put compliance regarding tax then sooner or later we would really reach that thing. Exactly,, I�m not against regulation or taxation if only the government and our poor country deserve it,, if we can be sure that this won�t just go to waste and might go to the pockets of corrupt officials. That this should be an equal or fair legislation to the bitcoin community and to the state. I will surely support this move if those condition will stricly followed and execute. Our countrymen also badly need help and through taxation we can help. This is a legal issue no one has been able to answer me about If you win bitcoin with investment, it's easy to declare What about bitcoins you earn from jobs ( bounties, regular incomes for helping teams in moderation, etc.)? It is a job and an income but in bitcoin, so how is it considered and declared? More investing,more joining in legal signature campaign then it well be more income in bitcoin.must fucos to forum me join and let be participate all investing so we have earning to income in bitcoin. Yes Some asic and gridseed miner's do both. This is more for bitcoin, litecoin and Ethereum mainly. If you use EOBOT and tie your miners in than you can mine multiple algorythems providing you use your miners to gain cloud mining power. This is also a great way to get more mining. Asus build GPU's, graphics cars, that are used in crypto currency mining especially for ASIC resistant crypto currencies such as Ethereum and Litecoin. The best and more accurate ethereum mining calculator. Ethereum Mining Profitability Calculator. Calculator* Pick GPU. **This thread is for benchmark results only. GPU Mining is out, come and let us know of your bench scores! Geth GPU support is coming soon. Cryptocurrency mining is as popular as ever, as it in theory allows you to turn idle computing resources into a passive income. The problem is, that these days you require extremely powerful, specifically optimized hardware as well as access to very cheap or even free electricity. Testing on EC2 To determine just how difficult mining has become, I’ve decided to run a GPU miner on an Amazon AWS EC2 g2.8xlarge. This particular cloud instance is significantly faster than the hardware most people have at home, yet it is not specifically optimized for Cryptocurrency mining - the ideal candidate. Specs & Details • High Frequency Intel Xeon E5-2670 (Sandy Bridge) Processors (32 vCPU) • 4x NVIDIA GRID K520 (1,536 CUDA cores and 4GB of video memory) • 60GB of Memory, 2x120GB of SSD Storage • The Server costs $2.6 per hour ($62.4/day; $1860/month) • 1 Ethereum sells for $10.76 (2017-02-03) Tip: With AWS EC2 spot pricing, you can get the server for around $0.4777 / hour, depending on time of day, region and availability zone. That’s $343,94 / month. Results The hash rate of the EC2 server fluctuates between 23.3 MH/s and 47.7 MH/s. I suspect the performance varies based on what other users do on this shared, EC2 server. In any case, the results give us a good idea of what to expect when you run a miner on hardware that’s not specifically designed for mining. Based on average hash rate of 28 MH/s, each EC server would generate around 0.0045 Ether ($0.05) in income per hour. That means, over the course of a month you’d make $34.84 (3.25 Ether). Conclusion Unless the USD - ETH exchange rate increases by at least 1000%, mining on AWS EC2 remains unprofitable. Update: 2017-02-14 After around a week of EC2 mining, I have now shut down all AWS server. The Spot pricing I’ve been pursuing helped keep cost down but remains too expensive to be profitable. CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. 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PC • To the right of the address bar, click the icon with 3 stacked horizontal lines. • From the drop-down menu, select Settings. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. Bitcoin or litecoin mining. Ethereum and Litecoin Cloud Mining Contracts. Ethereum and litecoin mining contracts by ranking them and using live data to. At Bitcoin Cloud Mining you can find. Their cloud mining contracts provide. Weak Hands Continue to Panic Sell appeared first on Bitcoin Network, News, Charts. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. MAC • Select Chrome from the Apple/System bar at the top of the screen. • Select Preferences. From the drop-down menu. • In the left-hand column, select Settings from the list. If you want to invest in bitcoin mining without the hassle of managing your own hardware, simply head into the cloud to earn your coins. Nov 24, 2017 - Is Bitcoin mining profitable after the mining difficulty increased dramatically in the past 2 years. Here's my answer. If you do want to take a look at cloud mining I suggest using Genesis Mining – the only cloud mining company that has been around long enough to prove it's not a scam. But make sure to do. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. What is Bitcoin cloud mining? Cloud mining is a service that allows anyone to participate in the mining of bitcoins by leasing mining hardware. TeraBox has a powerful network of ASIC (Application-specific integrated circuit) powered computers specifically designed to mine bitcoins. The power those machines generate is used to solve blocks which in turn will reward you with bitcoins. The power generated to be able to mine bitcoins is called “Hashing Power”. We sell hashing power in the form of bitcoin mining contracts which are measured in Gigahashes per second(GH/s). Dec 21, 2017 - Bitcoin has had quite a year this 2017, up to more than 1700% increase year to date (checked on Dec 17, 2017). More importantly, it was written when HashFlare offered their cloud mining contracts with an upfront free of $1.50 per 10 GH/s, because of the demand it seems like they increased it to $2.20. Die Erkenntnis, dass der Handel mit Sep 27, 2017 - 11 min bitcoin mining best free bitcoin mining pool best free bitcoin mining software bitcoin cloud Aug 15, 2017. Domain Age: 6 Days Website Jul 31, 2016 Instant Bitcoin Cloud Mining - 500 GHs free trial INSTANT BITCOIN CLOUD MINING Start mining Bitcoins today. The more GH/s you purchase the more bitcoins you will be able to mine. Cloud Mining Calculator Cloud Mining calculator estimates the profitability of cloud mining contracts for services like Genesis Mining. HashFlare: Zcash (ZEC). Genesis Mining is a bitcoin cloud mining service that is an easy and safe way to purchase hashpower without having to deal with complex hardware and software setup. They offer hosted cryptocurrency mining services and a variety of mining related solutions to small and large scale investors. The combination of algorithmic trading framework, mining infrastructure, and proprietary mining farm-management software, Genesis Hive, quickly made them an industry leader. Genesis Mining is also the founding partner of Logos Fund, the first ever Bitcoin Mining Fund, which targets professional investors looking to gain access to Bitcoin’s and various other digital assets‘ potential. Service was founded by the end of 2013 and with now over 1.000.000 users we are the world‘s leading multi-algorithm cloud mining service. Hashnest is a cloud hashing platform. This means you can participate in bitcoin mining without maintaining the hardware yourself. Hashnest is part of company Bitmain. Founded in 2013, Bitmain Technologies, now among the world’s most recognizable Bitcoin companies, was established to develop and sell the world’s leading bitcoin miners using Bitmain’s ASIC chip technology. Bitmain is now among the most recognizable companies in the cryptocurrency space and the proud parent of several brands, among them Antminer, Antpool, and Hashnest, all of which are ranked number one in their respective fields. Machines and customers are present in multiple locations in almost every country of the world. What is Cloud Mining Cloud Mining is the process of bitcoin mining utilizing a remote with shared processing power. This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware. Since Cloud Mining is provided as a service there is generally some cost and this can result in lower returns for the miner. Concept that allows you to form groups (mining pools) in order to obtain more revenue from general effort compared to mining in using their equipment. Bitcoin mining is done “ in the cloud” and avoids many problems, including power interruptions, problems with installing or connecting to the internet, energy costs, difficulties for equipment maintenance. Where to buy Bitcoin Online platform for selling and buying cryptocurrencies such as Bitcoin, Ethereum and Litecoin. One of the most popular and trustful wallet. Launched in 2014. Very popular, simple and secure online wallet. They have app as well. LocalBitcoins is a person-to-person bitcoin trading site. At LocalBitcoins, people from different countries can exchange their local currency to bitcoins. The site allows users to post advertisements where they state exchange rate and payment methods for buying or selling bitcoins. Cloud mining heeft in de eerste jaren een slechte naam gekregen omdat er een hoop bedrijven misbruik van hebben gemaakt. Er werd beloofd dat je een bepaalde hashrate kreeg maar deze bedrijven leken uiteindelijk oplichterij. Echter, wanneer je goed onderzoek doet zul je een aantal bedrijven vinden die doen wat ze beloven en daadwerkelijk voor jouw de servers en appratuur onderhouden. Zoals je in mijn andere artikel kunt lezen is. Het is dus belangrijk om het juiste bedrijf te kiezen voor cloud mining. Het is vooraf niet te bepalen hoe lang het zal duren voordat je je geld terugverdiend met cloud mining. De 2 factoren die hiervoor belangrijk zijn zijn de waarde van bitcoin (of de cryptocurrency die je mined) en de moeilijkheidsgraag van de coin. Naarmate er meer Bitcoins worden ontdekt zal de moeilijkheid blijven stijgen; om uiteindelijk vrijwel onmogelijk te worden. Met de huidige koersstijging van Bitcoin zou ik mijn investering in ongeveer 10 maanden terugverdienen, maar er zijn dus meerdere variabelen van invloed. Kan ik niet beter direct Bitcoins kopen? Dec 26, 2017 - On paper, 2017 was very good to bitcoin — this time last year, one bitcoin was worth about $900; it's now worth about 15 times that — but also very. And while that works great for bitcoin, it's less impressive for the rest of the world: One hotly disputed estimate holds that bitcoin mining currently uses as. Toen bitcoin 3 maanden geleden op 900 EUR/BTC stond was het waarschijnlijk beter om simpelweg wat bitcoins te kopen en deze in waarde te laten stijgen. Op het moment van schrijven staat bitcoin echter op 1800 EUR/BTC. Omdat je bij cloud mining uitbetaald krijgt in bitcoins is de uitbetaling op dit moment dus dubbel zoveel waard dan 3 maanden geleden, terwijl je je investering bitcoins nog steeds 1:1 is. Beide investeringen leveren je op lange termijn waarschijnlijk geld op, maar op dit moment denk ik dat je met Cloud mining een groter rendement krijgt. Bijkomend voordeel, bij cloud mining ben je minder afhankelijk van dagelijkse fluctuaties en heb je over het algemeen meer rust (peace of mind). Beginnen met Cloud Mining? • Kies je cloud mining partij, ik adviseer. Met de volgende code krijg jij 3% korting op al jouw aankopen: SP12V8 • Kies in welke munt je wilt investeren. Momenteel adviseer ik Bitcoin en Ether. • Meld je aan investeer een bepaald bedrag. Hoe meer je investeert hoe meer hashrate jij krijgt. Betalen kan via Creditcard en BTC. • Zodra de betaling is overgemaakt ontvang jij Hashrate en wordt er voor jouw gemined. • Geef jouw BTC adres op Geen Bitcoin adres?. • Uitbetaling gaat automatisch en is dagelijks (met een bepaald minimum bedrag) • Sit back and relax, nu ontvang jij vanzelf Bitcoins (of de door jouw gekozen curreny) op jouw wallet. Transaction Finality We believe the core value proposition of any blockchain is immutability; valid transactions can never be erased or forgotten. Individuals interacting on Ethereum Classic are governed by this reality;. This does not necessarily mean that code replaces existing laws, or that only code is law (there are many geographical jurisdictions), but it gives users the opportunity to enter into a new blockchain-based jurisdiction where agreements are governed by code. By entering into contracts on Ethereum Classic, you can be certain that the network remains neutral. The outcome of transactions will be dictated by code you voluntarily interact with. Unless explicitly defined by the contract code, there are no reversals, no undos, no opt-outs. Transactions are final; applications are unstoppable. Decentralized Governance There are many problems that fester due to centralization and opaqueness; corruption, unaccountability, nepotism, inefficiency and stagnation. Ultimately, centralization leads to fragility; only decentralized systems can stand the test of time. These problems can be only solved by adhering to governance systems that do not rely on a central point of failure. Just like distributed networks and the consensus protocol itself, we believe that only truly decentralized projects can survive in the long run. Ethereum Classic manifests these values by relinquishing control by a formalized central foundation. The only hierarchy is that of transparent meritocracy and mutual reputation. No backroom deals or behind-closed-doors unilateral decision making; just free and open discourse. Posted by on New Cloud Mining Calculation Other Cloud mining calculations, Jan 04 2017, Feb 26 2017, 2017-04-03 New Cloud Mining Calculation Allcloudminers have done a new cloud mining calculation. We now compare our top four mining companies. All calculations are done on payouts and prices 2017-01-11. Cloud Mining Calculation We publish all our top four cloud mining providers. We present all calculations as the number of days to break even. Genesis Mining Hashflare ViaBTC Hashing24 SHA 256 Ths 390 436 361 402 X 11 896 829 – – Ether 991 653 – – Scrypt – 625 – – Zcash 2606 5098 – – Table: All cloud mining profits are presented as how many days it would take to break even (receive payouts that correspond to the contract cost). Also, all maintenance costs are included. ViaBTC Bitcoin Cloud Mining ViaBTC has the best Bitcoin cloud mining contracts. However, the Bitcoin cloud mining contracts don’t differ so much from each other. Genesis Mining Cloud Mining Calculator At the moment you shouldn´t buy any other contract other than the Bitcoin cloud mining contract according to the table. We also present historic payouts in our review and other blog posts. Buy Cloud Mining contracts with Hashflare Cloud Mining Calculator Hashflare cloud mining calculator is published in the table as well. From the table, it´s possible to extract that the only contract worth to invest in right now is the Bitcoin SHA 256 contract. The other contracts might be worth investing if you believe in a price increase. However, in that case, you might want to buy the coin instead of a cloud mining contract. Risks with Bitcoin Cloud Mining 2017 The risks with Bitcoin cloud mining 2017 are the price, China, and scalability of the network. The price has been very volatile the last month. The price has a big influence on cloud mining payouts. Cloud mining calculator from various cloud mining contracts. Get cloud mining profitability, higher ROI, reviews and lifetime contracts at All Cloud Miners. China has announced they plan to investigate exchanges. This may impact the trading volume and have already impacted the Bitcoin price. Also, there are problems to scale the Bitcoin network. We will see the outcome of this but for now, this is an uncertain factor. If nothing on the list below meets your needs, you can buy Bitcoin cloud mining contracts (listed above) and simply convert the bitcoins you earn to ether. Let us mine for you with our hardware in the cloud - Immediate results, mining updates every 60 seconds - Can own fractions of cloud instances, if desired - No heat or hardware to maintain - Choose payout in any displayed cryptocurrency - 5 year and 24 hour rental lengths available - No returns/exchanges - (Cloud SHA-256) SHA-256 algorithm, 1.0 GHS per 1.0 cloud instance owned - (Cloud SHA-256) Follows Bitcoin difficulty, which in the past has increased exponentially. This means payouts will likely be reduced over time, unless the price of Bitcoin rises to keep pace - (Cloud Scrypt) Scrypt algorithm, 1.0 MHS per 1.0 cloud instance owned - (Cloud Scrypt) Follows Litecoin difficulty, which in the past has increased exponentially. This means payouts will likely be reduced over time, unless the price of Litecoin rises to keep pace - For electricity and maintenance, we take a fee. Please on the fee. Cloud Mining Inventory SHA-256 5 Year Contracts Sold SHA-256 Available Total Supply Sold Out Ratio Fee 965 THS 4.0 8488 THS 4.0 113.2% 31% Cloud Mining Calculator Number of GHS 4.0 (SHA-256) Number of GHS 3.0 (SHA-256) Cryptocurrency Estimated Mining Payouts* $0 $0 Daily: 0.00000000 BTC Monthly: 0.00000000 BTC Examples for Cloud SHA-256 4.0 instance. *Cloud mining should be considered as a fun, recreational activity and not a source of income or investment. The above numbers reflect no difficulty increase. Investing involves risk, including possible loss of principal. In addition to the normal risks associated with investing and mining, cryptocurrency mining investments and related instruments may involve risk of capital loss from unfavorable fluctuation in cryptocurrency values, exchange-related risks, policy risks, liquidity, and market price fluctuation and demand. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase. There is no guarantee that any strategies discussed will be effective. The information provided is not intended to be a complete analysis of every material fact respecting any strategy. The examples presented do not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy. Guide for Bitcoin & Litecoin mining by If you are looking to mine Bitcoins or Litecoins with Minergate pool, here are some useful instructions from the member of our team Janika. My name is Janika and I am very fresh in the world of cryptocurrency. I have never tried to mine one of the “major” cryptocurrencies and today I want to prove you that it is not that difficult even for a novice. Just put your mind to it, I will do my best to help you. Ready First of all, you need to know that your mining performance will depend on your hardware. EthOS Mining OS. EthOS is a 64-bit linux OS that mines Ethereum, Zcash, Monero, and other GPU-minable coins. Altcoins can be autotraded to Bitcoin. Please see the ethOS knowledge base for documentation and. GPU overheat protection: GPUs will automatically throttle or turn off if they reach temperature thresholds. Litecoin and especially Bitcoin require powerful resources to be mined profitably. There are several possibilities to choose from. First of all, you can use the hashing power of your CPU (central processing unit) or GPU (graphic processing unit), by which I obviously mean graphics card. It is safe to say that you will get better results using the latter, but of course you are free to experiment. The third option appeared in 2013 when hardware developers from China released first ASICs (application-specific integrated circuits) to mine Bitcoin even faster. Simply put, an ASIC is a microchip that makes the required calculations extremely quickly. The first cryptocurrency became quite famous in 2011 when Bitcoin reached the price of about $1000. More and more miners joined the network, the difficulty rose and you could run your hardware for weeks without being able to find a single block mining solo. It was a waste of power and money, so miners started to gather into. Is one of those mining pools. The miners form a network to combine their computing powers and have a better chance to find a block. The reward is then spread evenly between the participants of the pool depending on the hashes sent. The more powerful hardware you have, the more hashes you will send. The competition is very high, so I strongly advise you to do some research before you start mining any of the coins. There are lots of forums where miners share the results they get, you can also create a topic on and discuss the possible outcome for your hardware. The producers of ASICs usually mention the potential hashrate on the package. I can also advise you to visit the pages with hardware comparison: • Bitcoin • Litecoin Set Settings Miners often ask me how to set up Bitcoin or Litecoin mining on our pool. Well, here is the answer. Bitcoin Bitcoin mining is available on MinerGate in a form of cloud mining contract. It means that you are leasing the power to mine Bitcoin and don’t set up anything yourself. We’ve covered more on the subject in. You can create a contract. Download a miner that supports Litecoin mining. There are lots of programs available with console or graphic interface. Your final choice depends only on your personal preferences. Connect to MinerGate pool using this address: stratum+tcp://ltc.pool.minergate.com:3336 3. The settings may vary depending on the miner, there is no universal recipe here. Usually you can find the information on the website/forum thread where you download the application. Your pool login is the email for your MinerGate account. Instead of password, just enter x. Go (the Litecoin mining experiment) My experience In theory it all seems relatively simple and clear. To prove that anyone can do it, I tried it myself in practice. L am writing this article on a simple laptop, which also became my testing mining rig. Maybe it’s not the perfect machine for mining purposes, although please remember that I do this purely for research. 1. CPU is the only way to mine for me, so I needed to find an application for CPU mining. It wasn’t that hard: there are multiple solutions available. Of course, GUI miners are easier to use but I refused to cut the corners or look for an easy way, so I downloaded, which works in console mode. Chrome recognized it as a malicious software, so I went to the advanced settings and disabled protection provided. If you need to do it as well, don’t forget to reenable it after the download, as there are lots of phishing sites, better safe than sorry. At first, it was quite difficult for me to get used to command line interface, although I wanted to prove that any newbie can succeed with the right attitude. I did my research and managed to figure out the settings. The miner I used provides help if you enter – -help, there you can find all the commands available. In my case, the settings looked like this: -o stratum+tcp://ltc.pool.minergate.com:3336 -u [email protected] -p x I pressed Enter and it worked! In a couple of minutes I got the first “yay!”, which means that I found a good share. It was one small step for Litecoin mining history and one giant leap for me. Q.E.D., I’ve proven it – a complete newbie like me with a regular laptop like mine can actually set up mining of one of the major cryptocurrencies. Calculations When the sense of wonder gave place to reason and I got a couple of “booos” (bad shares), I cooled down a bit and decided to calculate my potential income in the MinerGate’s. The hashrate my laptop was able to reach for Litecoin was about 14-16 kH/s, which seemed really surprising at first as I could get only about 20-22 H/s for Bytecoin, for example. I entered my best hashrate (16 kH/s) and held my breath What? Only $0.00047 a day? Okay, still must be more than what I would make of 22 H/s on one of the CryptoNote coins. As you can see, I would have made about 20 times more mining the most profitable CryptoNote currency for that moment even if I had seemingly about 700 times less hashrate than mining Litecoin. What is the trick here? Algorithms Different algorithms reach very different hashrates on the same hardware. Bitcoin is based on SHA-256, Litecoin is based on Scrypt and most of the coins from our pool are based on CryptoNote (technically, it’s CryptoNight and CryptoNote is the technology it is based upon). CryptoNote is a solid choice for CPU mining, GPU performance may vary. You can try for yourself and share your results with us. The developers deem the algorithm to be a base for egalitarian cryptocurrencies that anybody can mine, that’s why it is also ASIC-resistant. Read more about the technology on the. Hopefully, I was able to give you a rather comprehensive introduction to Bitcoin and Litecoin mining on MinerGate pool. It is not that intricate, although still takes some time and energy to get used to. All you need to do is to dedicate some time to research and I’m sure you will find a perfect match for you and your hardware on our pool. To start your journey. Don’t be shy! We are always happy to share our experience with the new miners, just contact our or ask your question in the chat to our support members or moderators. I don’t understand what is going on. I have an account with minergate. I use a gpu rig on here. I use the address given for BTC and it keep saying network error and the socket goes dead after about ten minutes. It won’t let me get faster than 1 TH. I emailed you guys on 12/9/16 and I haven’t recieved a response yet and I tried again today and the issue is still there. Is there another address to use as I do see people mining BTC on minergate and they look like they aren’t having any issues like me. I want to put a Spondoolie sp20 to try your site out and then move onto bigger things. Please let me know what is going on with minergate so I can start mining ASAP. |
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