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Discussion about Primecoin and its infra. Primecoin is a very innovative cryptocurrency, being the 1st non Hash-Cash PoW crypto, naturally scarce (not artificially), with very fast confirmations (1min), elastic readjusting reward & a useful mining (byproducts are primes). Primecoin is sustainable (miners are guaranteed to have revenues), and decentralized (ASIC/FPGA are not particularly advantaged). Sidechain for decentralized data applications (e.g. Storj) currently in development.
Primecoin is an innovative cryptocurrency, a form of digital currency secured by cryptography and issued through a decentralized mining market. Derived from Satoshi Nakamoto's Bitcoin, Primecoin introduces an unique form of proof-of-work based on searching for prime numbers.
So I got alittle lucky last week, I had 30 remaining $ in my bitcoin wallet, I've had them for months. I found a bitcoin betting website, I deposited $10, Turned it into $300. Cashed out, I ordered 2 Antminer S3+'s with a 1000W HP server power supply kit with wiring/adapter for the miners. Electricity costs me .08$/kWh, $10 invested, How accurate are bitcoin miner calculators? Like coinwarz for example, you can insert difficulty, electricity costs, watts, and GH/s, Based off that calculator, I'm looking at $27 a month profit, Which is next to nothing. But it costs me $10 to start so who cares right? Does anyone have any tips for someone new to it (I've followed bitcoins and mining a bit but never done it) Also any pool advice for when I get my miners?
04-04 10:34 - 'Calculate how much it costs a mining rig to create bitcoin or other altcoins with our updated miner profit estimation tool' (medium.com) by /u/bitentrepreneur removed from /r/Bitcoin within 37-47min
Just a reminder that if the 4 exahash that came online on Bitcoin.com is the new 7 nm miners, well they are using less power for the same hashrate which changes the profitability calculation. It allows them to mine longer at a loss then SV miners who don't have 7nm miners. /r/btc
I am a 15MH/s Scrypt miner. I trade 50% of everything I mine straight to Bitcoin. How on earth do I calculate tax obligations with the IRS?
I have been mining Scrypt since December. I have about 4 Bitcoins, and about another 6 Bitcoins worth of Doge, Lite, Redd, and Feather. I also like to play-trade on Cryptsy regularly. I have read through the new IRS regulations, and have determined there is no way on earth I can calculate my obligations? Can anyone help. I really don't want to be Wesley Sniped by Uncle Sam.
(Monde) Islande : vol de 600 ordinateurs utilisés pour « miner » du bitcoin | En Islande, des investisseurs bâtissent des usines informatiques aux grandes puissances de calcul afin de « mouliner » des cryptomonnaies.
Find out what your expected return is depending on your hash rate and electricity cost. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you've got what it takes to join the tough world of cryptocurrency mining? The Bitcoin price is rising at a slightly lesser 0.3403% per day over the past year. We suggest you enter a custom Bitcoin price into our calculator based on what you expect the average price to be over the next year. The price has gone down for most of the past year, which is a factor that should be strongly considered in your calculations. Accurate Bitcoin mining calculator trusted by millions of cryptocurrency miners since May 2013 - developed by an OG Bitcoin miner looking to maximize on mining profits and calculate ROI for new ASIC miners. Updated in 2020, the newest version of the Bitcoin mining calculator makes it simple and easy to quickly calculate mining profitability for your Bitcoin mining hardware. Calculate Bitcoin (BTC) mining profitability in realtime based on hashrate, power consumption and electricity cost. BTC exchange rates, mining pools. BTC exchange rates, mining pools. $12,976.61 $62.75 $412.92 $126.63 $5.37 $72.44 $55.67 Follow @WhatToMine dark mode Disclaimer: Results from mining calculator are estimation based on the current difficulty, block reward, and exchange rate for particular coin. Errors can occur, so your investment decision shouldn't be based on the results of this calculator.
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