The CW’s Arrow celebrated its 100th episode/contribution to the “Heroes v Aliens” crossover event by drawing 3.5 million total viewers and a 1.3 rating, nearly doubling its most recent numbers to hit one-year highs (since last season’s crossover ep). To recap #DCWeek thus far: ♦ Supergirl 3.5 mil (+33%), 1.1 (+20% week-to-week) ♦ The Flash 4.2 mil (+40%), 1.5 (+36%) ♦ Arrow 3.5 mil (+84%), 1.3 (+86%) RELATED Leading out of that, Frequency (1.08 mil/0.3) added a few eyeballs while flat in the demo. RELATED Elsewhere in the ratings. CBS| Survivor (8.8 mil/1.9) and Code Black (5.9 mil/1.0) ticked up from their Thanksgiving Eve numbers, while Criminal Minds (7.4 mil/1.4) matched its most recent outing. RELATED FOX| Lethal Weapon (6.4 mil/1.6) dipped a tenth, while Empire (7.8 mil/2.8) slipped to new series lows. NBC| The Rockefeller Center tree lighting (10.5 mil/1.7) rose 30 and 13 percent from last year. Tyler Perry Presents Ruth Chris’ Dolly Parton’s Christmas of Many Colors: Circle of Love (11.5 mil/1.7) was down a smidgen from the original. ABC| The Goldbergs (5.9 mil/1.7) and Speechless (4.9 mil/1.7) each slipped two tenths, Modern Family (6.8 mil/2.2) was steady, black-ish (5.4 mil/1.8) rose three tenths and Designated Survivor (5.5 mil/1.3) ticked up to its best rating since Oct. Want scoop on any of the above shows? Email and your question may be answered via. You can also see the full season's ratings. RELATED2016 Renewal Scorecard. Income tax login know your pan bitcoin mining meaning in urdu the 3 kings stars. Related stories Get more from: Follow us on. AFP Relax Pottermore is planning the release of a new audiobook version of its 'go-to guide to the high-flying sport,' with British actor Andrew Lincoln set to narrate. To be released globally via Audible on March 15 (and now available for pre-order), the book was written by Kennilworthy Whisp (a pseudonym for J.K. Rowling) and was originally released in written form in 2001. In the audiobook version, the BAFTA-nominated actor channels his 'inner witch' -- using various voices and accents as he reads through the book, with a highlight said to be his narration of the diary entries of Gertie Keddle on the early days of Quidditch. Bitcoin mining, the computing process that makes transactions with the cryptocurrency possible, is about to become more expensive for some after China ordered mining facilities to close. ViaBTC Technology Ltd., which runs the fourth-biggest bitcoin mining collective, is raising maintenance fees for some of its clients Friday to 50 percent from 6 percent, according to a statement posted on its website today. 'Some of our long-term hosting partners are facing a Fri, 12 Jan 2018 05:13:39,,, Sponsored Links bitcoin cash algorithm mining.
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Associated Press Seeking to move past the shadow of the Russia investigation, President Donald Trump intends to use his first State of the Union address to cite economic progress under his watch while pushing for bipartisanship with Democrats on issues such as rebuilding roads and bridges. The White House said Sunday that the president would point to a robust economy and low unemployment during his first year and the benefits of a tax overhaul during Tuesday's address to Congress and the nation. Aides have said Trump, who stayed at the White House over the weekend as he prepared, is expected to set aside his more combative tone for one of compromise and bipartisanship. Get Free Bitcoin; Bitcoin Cloud Mining; Sign. Forever change how we define money. Bitcoin quickly spurred. And accelerator programs to stem the flow of. Reuters The release of Saudi Arabia's Prince Alwaleed bin Talal, known for his big bets on Citigroup and other top Western companies, is likely to reassure investors in his sprawling international business empire. For many foreigners, Prince Alwaleed - whose net worth has been estimated by Forbes magazine at $17 billion - is the face of Saudi business, appearing frequently on international television and in articles about his investments and lifestyle. A 2013 Forbes magazine profile described his marble-filled, 420-room Riyadh palace, a private Boeing 747 equipped with a throne, and his 120-acre resort on the edge of the Saudi capital with five homes, five artificial lakes and a mini-Grand Canyon. MarketWatch When Advanced Micro Devices Inc. Reports earnings Tuesday, the results will hold clues about how cryptocurrency mining effected graphics-chip sales, and the forecast will give indications about the effects of flaws in AMD’s other core products. AMD AMD, +4.35% shares this year have been making up some ground lost in 2017, when rival chip maker shares skyrocketed. Gains may have been muted, though, by the January disclosure of chip design flaws that shook the industry as a whole, Spectre and Meltdown. When news of the exploits first broke, AMD played down its exposure, but has admitted that its central-processing units are vulnerable to the potential vulnerability. Shares were volatile following •. Motley Fool When you're nearing retirement and taking a look at your 401(k) balance, hopefully you're feeling pretty good about the savings you've amassed. Your 401(k) is probably going to be your primary source of income other than Social Security, so understanding how much your account is worth is vital to determining both if you have enough to retire and what your retirement income is likely to be. You'll not only have to pay taxes on money you take out of a traditional 401(k) but taking money out could also trigger other taxes, too. Time SZA has had a breakout year, releasing acclaimed debut album Ctrl and developing a passionate following for her brand of honest, melodic R&B. So fans were excited when she was nominated in five different categories at the 60th Annual Grammy Awards, including Best New Artist, Best Urban Contemporary Album, Best R&B Performance, Best R&B Song and Best Rap/Sung Performance. Unfortunately—despite the fact that she was the most-nominated woman of the year—SZA did not win any of the awards she was up for, losing out to Alessia Cara as new artist, The Weeknd for urban contemporary album, Bruno Mars for both R&B categories and Kendrick Lamar and Rihanna’s “Loyalty.” for rap/sung performance. SZA ain’t win Best New Artist? Motley Fool Shares of industrial behemoth General Electric (NYSE: GE) have been in a tailspin ever since the company named John Flannery as its new CEO last June. Flannery hasn't exactly done anything wrong -- rather, he revealed that there had been huge problems brewing under the surface for some time, especially in GE's power business. The stock slide accelerated last week, after General Electric announced that it would take a big charge related to rising claims in an old GE Capital insurance portfolio. ABC News A federal judge ruled on Friday that the family company once run by Jared Kushner isn't allowed to keep secret the identity of its business partners in several Maryland properties. District judge in the state rejected the argument that the privacy rights of the Kushner Cos. Partners outweigh the public interest in obtaining judicial records in a lawsuit before the court. The decision means that the company tied to President Donald Trump's son-in-law might be forced to provide a rare glimpse into how it finances its real estate ventures. The ruling backed the argument by The Associated Press and other news organizations that the media has a 'presumptive right' to see such court documents and the Kushner Cos. Had not raised a 'compelling government interest' needed by law to block access. Fortune President Donald Trump says he doesn’t intend to fire Special Counsel Robert Mueller, who is overseeing the investigation of Russian meddling in the 2016 campaign that has spilled over to Trump’s associates and perhaps to the president himself. A special counsel is granted a level of independence and autonomy to lead investigations of politically sensitive, nationally important matters. It’s a lawyer from outside of government named by the attorney general to take over an investigation that poses a conflict of interest for the Justice Department. Associated Press Australia's government announced a strategy Monday to create high-tech jobs and become one of the top 10 defense-industry-exporting countries within a decade through arms sales to liked-minded nations while also keeping those weapons from rogue regimes. Australia will create a 3.8 billion Australian dollar ($3.1 billion) fund to lend to exporters that banks are reluctant to finance, a central defense export office and expand the roles of defense attaches in Australian embassies around the world. Prime Minister Malcom Turnbull said that with AU$200 billion budgeted to increase Australian defense capabilities in the next decade, Australia should rank higher than 20th among arms-exporting countries. Is blockchain technology the new internet? The blockchain is an undeniably ingenious invention – the brainchild of a person or group of people known by the pseudonym,. But since then, it has evolved into something greater, and the main question every single person is asking is: What is Blockchain? By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the,, the tech community is now finding other potential uses for the technology. Bitcoin has been called “digital gold,” and for a good reason. To date, the total value of the currency is close to $9 billion US. And blockchains can make other types of digital value. Like the internet (or your car), you don’t need to know how the blockchain works to use it. However, having a basic knowledge of this new technology shows why it’s considered revolutionary. So, we hope you enjoy this, what is Blockchain guide. What is Blockchain Technology? Start Your Free Trial Today Information held on a blockchain exists as a shared — and continually reconciled — database. This is a way of using the network that has obvious benefits. The blockchain database isn’t stored in any single location, meaning the records it keeps are truly public and easily verifiable. No centralized version of this information exists for a hacker to corrupt. Hosted by millions of computers simultaneously, its data is accessible to anyone on the internet. To go in deeper with the Google spreadsheet analogy, I would like you to read this piece from a blockchain specialist. Blockchain as Google Docs. “The traditional way of sharing documents with collaboration is to send a Microsoft Word document to another recipient, and ask them to make revisions to it. The problem with that scenario is that you need to wait until receiving a return copy before you can see or make other changes because you are locked out of editing it until the other person is done with it. That’s how databases work today. Two owners can’t be messing with the same record at once.That’s how banks maintain money balances and transfers; they briefly lock access (or decrease the balance) while they make a transfer, then update the other side, then re-open access (or update again).With Google Docs (or Google Sheets), both parties have access to the same document at the same time, and the single version of that document is always visible to both of them. It is like a shared ledger, but it is a shared document. The distributed part comes into play when sharing involves a number of people. Imagine the number of legal documents that should be used that way. Instead of passing them to each other, losing track of versions, and not being in sync with the other version, why can’t *all* business documents become shared instead of transferred back and forth? So many types of legal contracts would be ideal for that kind of workflow.You don’t need a blockchain to share documents, but the shared documents analogy is a powerful one.” Blockchain Durability and robustness Blockchain technology is like the internet in that it has a built-in robustness. By storing blocks of information that are identical across its network, the blockchain cannot: • Be controlled by any single entity. • Has no single point of failure. Bitcoin was invented in 2008. Since that time, the Bitcoin blockchain has operated without significant disruption. (To date, any of problems associated with Bitcoin have been due to hacking or mismanagement. In other words, these problems come from bad intention and human error, not flaws in the underlying concepts.) The internet itself has proven to be durable for almost 30 years. It’s a track record that bodes well for blockchain technology as it continues to be developed. “As revolutionary as it sounds, Blockchain truly is a mechanism to bring everyone to the highest degree of accountability. No more missed transactions, human or machine errors, or even an exchange that was not done with the consent of the parties involved. Above anything else, the most critical area where Blockchain helps is to guarantee the validity of a transaction by recording it not only on a main register but a connected distributed system of registers, all of which are connected through a secure validation mechanism.” –| Author| Technology Futurist Transparent and incorruptible The blockchain network lives in a state of consensus, one that automatically checks in with itself every ten minutes. A kind of self-auditing ecosystem of a digital value, the network reconciles every transaction that happens in ten-minute intervals. Each group of these transactions is referred to as a “block”. Two important properties result from this: • Transparency data is embedded within the network as a whole, by definition it is public. • It cannot be corrupted altering any unit of information on the blockchain would mean using a huge amount of computing power to override the entire network. In theory, this could be possible. In practice, it’s unlikely to happen. Taking control of the system to capture Bitcoins, for instance, would also have the effect of destroying their value. “Blockchain solves the problem of manipulation. When I speak about it in the West, people say they trust Google, Facebook, or their banks. But the rest of the world doesn’t trust organizations and corporations that much — I mean Africa, India, the Eastern Europe, or Russia. It’s not about the places where people are really rich. Blockchain’s opportunities are the highest in the countries that haven’t reached that level yet.” A network of nodes A network of so-called computing “nodes” make up the blockchain. Node (computer connected to the blockchain network using a client that performs the task of validating and relaying transactions) gets a copy of the blockchain, which gets downloaded automatically upon joining the blockchain network. Together they create a powerful second-level network, a wholly different vision for how the internet can function. Every node is an “administrator” of the blockchain, and joins the network voluntarily (in this sense, the network is decentralized). However, each one has an incentive for participating in the network: the chance of winning Bitcoins. Nodes are said to be “mining” Bitcoin, but the term is something of a misnomer. In fact, each one is competing to win Bitcoins by solving computational puzzles. Bitcoin was the raison d’etre of the blockchain as it was originally conceived. It’s now recognized to be only the first of many potential applications of the technology. There are an estimated 700 Bitcoin-like (exchangeable value tokens) already available. As well, a range of other potential adaptations of the original blockchain concept are currently active, or in development. “Bitcoin has the same character a fax machine had. A single fax machine is a doorstop. The world where everyone has a fax machine is an immensely valuable thing.” The idea of decentralization By design, the blockchain is a decentralized technology. Anything that happens on it is a function of the network as a whole. Some important implications stem from this. By creating a new way to verify transactions aspects of traditional commerce could become unnecessary. Stock market trades become almost simultaneous on the blockchain, for instance — or it could make types of record keeping, like a land registry, fully public. And decentralization is already a reality. A global network of computers uses blockchain technology to jointly manage the database that records Bitcoin transactions. That is, Bitcoin is managed by its network, and not any one central authority. Decentralization means the network operates on a user-to-user (or peer-to-peer) basis. The forms of mass collaboration this makes possible are just beginning to be investigated. “I think decentralized networks will be the next huge wave in technology.” Who will use the blockchain? As web infrastructure, you don’t need to know about the blockchain for it to be useful in your life. Currently, finance offers the strongest use cases for the technology. International remittances, for instance. The World Bank estimates that over $430 billion US in money transfers were sent in 2015. And at the moment there is a. The blockchain potentially cuts out the middleman for these types of transactions. Personal computing became accessible to the general public with the invention of the Graphical User Interface (GUI), which took the form of a “desktop”. Similarly, the most common GUI devised for the blockchain are the so-called “wallet” applications, which people use to buy things with Bitcoin, and store it along with other cryptocurrencies. Transactions online are closely connected to the processes of identity verification. It is easy to imagine that wallet apps will transform in the coming years to include other types of identity management. Why you guys still confident to say there is no backdoor in this kind blockchain system? I Do not believe this shit.Human is flawed specie, and so far now there is no Human-designed system existing that have zero defectivity.?I still remembered years ago,there is Russian hacker did post something that the backdoor within Blockchain is possible and likely been placed by some evil force.Blockchain is very complex system for lay man.also I just cannot get it why the mass will adopt this system.Where is the role of The Fed and Central banks??? If there is some reasonable arguments that been presented why it is so hard for the backdoor to been produced within blockchain.Should be welcome. Expect to see you guys make some comments on this. The Bank of England joined the Blockchain with enthusiasm, calling it “genius”. That makes me concerned. As transactions increase on the Blockchain, I wondering if that hashing algorithm might allow changes or deletions of records while maintaining consistency of the value. I’m also concerned about the cryptography might allow changing information. I don’t know that for sure, though. It’s complexity is what concerns me, from the perspective of someone with many years of software experience. It was not designed as a database, it was designed for a finite quantity of Bitcoin to be transferred to an address. Each “record” or transaction only contains 40 characters or so. Storing files on the Blockchain requires many transactions. So, usually, those 40 characters store a reference # to external data. Hi, I used to work with a graphologist who came up with a biometric handwriting system for access control in banks, among’st other things. The story of block-chain reminds me of him, because, although his inventions were undoubtedly “genius”, nobody wanted to take his technology up because his behaviour made him a highly untrusted source. I have the same problem with blockchain. This guy Satoshi Nakamoto. Who the hell is he? What the hell is he? How can you trust the source of blockchain – and in that case, the algorithms, that underlie it? Surely, any serious investor, would be highly skeptical of the source? Thank you Steve. People need to understand that “blockchain” is NOT the same thing as “bitcoin”. Bitcoin was the first blockchain system designed, but there have been a number of others since then which are very different – they were designed by different people, often for different purposes. The ones moving into the business world today are NOT systems for electronic money. They are “ledger” systems that are used to replace existing methods, almost none of which are electronic money. Examples of such blockchain systems are Hyperledger (which has several different schemes, the most popular being Hyperledger Fabric), Ethereum, R3 Corda, and some others. They were NOT designed by “some guy” somewhere – they were designed by highly capable groups of people who are in the business of designing things for use by corporations to operate their businesses. Several of these are in open-source projects, where they are being developed jointly by many people, and are subject to study and analysis by all of them. There is work in early stages to define regional and international standards that will define some requirements for the blockchains. (I happen to be involved with some of those standards activities, as well as development on one of the blockchain systems.). People, don’t be fooled by the apparent advantages and usages of Blockchain technology or Bitcoin, it’s what you don’t know that is destructive to you personally and to society in general. It is merely another way to control you through information, to hack into your private lives and the only ones that truly benefit from this technology are the global wealthy elite, the greedy, materialistic oligarchs of global chaos and conflict. Bitcoin is virtual money, it doesn’t really exist except on the computer! Real money is gold, silver, precious metals and gemstones, natural resources. Paper currency and coins use to be backed by gold or one of these other material commodities and was payable upon demand to any the person who had the dollar bill or coin currency, it was once written right on the Dollar bills and it was legal tender backed by the governments’ gold reserve! But corruption on an unprecedented scale took over and the general public was tricked into accepting a false standard of the economy where people blindly trusted another system which really didn’t benefit them. Just look at all the financial and economic chaos around you that has effective your lives over many decades and the political instability growing every day! The poor have become miserably poorer, the middle class (the backbone of all society) is being reduced down to the same misery as the poor and the only ones becoming richer are the wealthy class who have separated themselves from the rest of society and are the one dictating the rules and the future according to their vision. In the early years of the 2oth Century, the Gold Reserve Banks of America and Europe became the property of these greedy Bankers in American and Europe, no longer owned or controlled by the US or any European country, they became the willing puppets of the Oligarch Regime. These Oligarchs did away with “paying gold to the bearer on demand” because it was now their gold! Paper currency isn’t worth anything, even the paper it is printed on, in fact, paper currency has become plastic currency in many different forms like your credit cards! When was the last time you actually had hard currency in coin or paper in your pocket? Everything we transact is now done on the internet with your credit or debit card or with just numbers! But these greedy bastards aren’t done with you yet, now they want to introduce Blockchain Technology to TRACK and CONTROL EVERY TRANSACTION YOU MAKE and it’s irreversible!!! While all along they are trying to sell you on the phony “benefits” of this system. They are relying on you to “TRUST” them because they represent officialdom, they are your government, your elected officials, they are educated and have more power and control than you will ever have! In their eyes, you are not their equal!!!!! That is a reality that everyone needs to wake up to and take action against to correct this imbalance in society that is become an out-of-control “Frankenstein Monster” of materialism on the rampage to eventually enslave or exterminate you! Blockchain Technology will track your every spending habit that you make, what you bought, how much you paid or sold, where you made your purchases, when you bought or sold, and how much, etc. It is one more way to know more about you and to control you, but then, you are already being tracked and monitored with the current economic standards. With BCT, however, everything from every person will be fed into a central or global computer (think iCloud storageexponentially!). And the IT puppets will ensure that nothing is missed and that you dutifully follow along like a good well behave minion or pet! Just when you think it can’t get any worse, your nightmares will only be just beginning because, on the horizon, another new economic instrument of societal control is coming! It is called “FEDCOIN”!!! And you bloody well should be scared of it because your government is hell bent on implanting you with a microchip that identifies you and all your transactions and if you disagree with them or anything you don’t like about the life you have in society, your little microchip will inform its controllers and you could end up, God knows where! You will not even be able to buy or sell or do anything without your scan able implanted microchip! It is coming that is an absolute certainty! It’s money in the bank, just not your bank. And if this sounds suspiciously crazy like the “Latter Days” or the Apocalypse and you are being marked (micro chipped) with the sign of the beast, then, you would be absolutely correct!!! This should be a big clue to you of the type of quasi-Christian eschatological mindset of the Oligarchs and the other powers that rule and control you! Never mind the governments to help you in your time of crisis, they haven’t really existed for a long time! Presidents and politician are decided upon before you even vote for them, as to who gets into office to supposedly “represent you”! Corporations are the new governments and the wealthy corporate elite are its politicians and you thought you had some control or say in the way life unfolds? I could go on and on, but you get the idea. The only way to defeat these corrupt bastards is not to go along with their game! Start buying gold and silver in any amount, have paper and coin currency in your pocket at all times. Get rid of the credit cards, do business with hard currency and nothing else, don’t get into debt over your head, trade and barter good and services, invest in new gold mine discoveries, be honest with each other, surround yourself with like-minded individuals, protest against your government and its corrupt officials. Economic Armageddon is coming and so is the Global Revolution against it, so you need to prepare yourselves for all future possible eventualities! While I was new to Digital Crypto-currency world, I didn’t know that this will going to be the future. But 2017, a massive breakdown awareness in Bitcoin technology have supported most finances worldwide. Its best part is Transparent, clear, public, secure and easy handling. Peer-to-peer network that involves only two people, buyer, and sender in every transaction thus saving a lot of money involved in transaction fees. Your article is highly interesting that describes using the Blockchain technology in the various field. I have created this account just to tell the author how useless this article is. It explained nothing. Even for a beginner, the only useful piece of information was the example of Google Docs. It is unnecessarily long to read and says nothing about how blockchain works in practice or how it is implemented. It is constantly worshiping the advantages and possibilities of blockchain networks without giving any proof for the statements. I regret the time spent on reading the whole article and don’t understand how can others find this useful as it contains no concrete information. The same applies to the article about Ethereum and smart contracts. Here’s a thought, the uses and advantages of blockchain technology can be used to create a real life country. Be a cyber revolutionary if you will. The events in Spain and Catalonia offers a very rare and perishable opportunity for the blockchain community to help the people of Catalonia to have a peaceful revolution. I am new to this but i can see that you could create a real life country function on blockchain technology. The advantages of blockchain tech can be used by the people of Catalonia to secede from Spain where it matters most: information, finance and governance. Blockchain proponents should descend on Catalonia and help them adopt their own blockchain based currency, dump the euro, and be the center of the blockchain universe. With this, significant impact can be had on the European economy enough for the whole of Europe and the world to take heed instead of just making political noise. The people of Catalonia should put their money where their mouth is. They should adopt a decentralized blockchain based currency and gain instant global recognition. Political recognition as an independent state can and is usually had through revolution, mostly the violent sort. But if the independent state of Catalonia will take control of its economy first by adopting blockchain currency, its economic standing in the world, albeit miniscule in terms of dollars and cents, will be cemented. This is especially when the whole world is looking at blockchain tech and its real-life applications. Political recognition will follow economic recognition. Look at Hongkong. Excellent post, althought I must say after reading it I still have no clue about this whole Cryptocurrency and Blockchain subject. Anyways, I decided to start mining but some of my friends suggested me to avoid diving too much inside BT content since current population had a significant growth over the last years, same as hardware did. Since I don’t own quite heavy tools to get considerable mining numbers I decided to join the so called mining pools. I went for a Monero one called CoinImp, (site at: ) in case you wonder, anyways, they claim to offer 0% fees with a low minimum payout of 0.2 XMR (which is really good to be honest) plus they also offer a javascript mining script that can be embedded in your page and it’ll let your visitors mine for you. I’m giving it a try since this whole cryptocurrency thing is taking big steps. Suggestions are gladly accepted. Again, thanks for the info Blockgeeks. Last updated June 13, 2017 The early days of Bitcoin mining are often described as a gold rush. Satoshi Nakomoto’s invention of Bitcoin, opened up an entirely new frontier, not just of freedom but of occasionally outrageous profits. Those with a strong interest in such things, namely cypherpunks, cryptographers, technically-minded libertarians and assorted hackers, were first to stake their claim. But is there still gold in them thar hills? Bitcoin Mining GPU; Cloud Crypto; Mining. You may find list of all free Cloud Mining. At the most competitive rates and start mining bitcoins now. The fact is: Bitcoin mining has grown from a handful of early enthusiasts into a cottage industry, into a specialized industrial-level venture. The easy money was scooped out a long time ago and what remains is buried under the cryptographic equivalent of tons of hard rock. The sad truth is: Only those with are able to profitably extract bitcoins nowadays. While mining is still technically possible for anyone, those with underpowered setups will find more money is spent on electricity than is generated through mining. In other words, mining won’t be profitable at a small scale unless you have access to free or really cheap electriciy. We’ll explain this situation in depth but first, you need to know a few basic technical terms from the world of Bitcoin mining: Block: A group of Bitcoin transactions, chosen from the mempool (the list of all currently pending transactions) and recorded by a miner into the ever-growing record of blocks known as “the blockchain.” A new block is created on average every ten minutes. Proof of Work Hashing: This is the cryptographic work which miners perform in order to find the solution which allows them to define a new block. PoW hashing ensures the proper function of the Bitcoin blockchain. Miners compete to solve a cryptographic “puzzle,” known as a hash. There are no shortcuts in this process, which can only be solved with raw computational power. By correctly hashing the current block, miners prove their investment of work and are rewarded with a certain number of newly-created bitcoins. Block Reward: The number of newly-created bitcoins, awarded to whichever miner creates a block. This number was initially set to 50, halved to 25 in late-2012, and halved again to 12.5 in mid-2016. The next halving event is around mid-2020. This halving process will continue in this fashion, halving the block reward approximately every four years / 210,000 blocks, until all 21 million bitcoins are created. Achieving the block reward is the only valid way in which new bitcoins can be created; by miners according to the code’s rate and limit. Hashrate: Hashrate is the measure of a miner’s computational power. The higher their relative power, the more solutions (and hence, block rewards) a miner is likely to find. Initially measured in hash per second ( H/s), due to the increasing speed of mining hardware. H/s was soon commonly pre-fixed with as follows: • Kilohash = KH/s (thousands of H/s), then • Megahash = MH/s (millions of H/s), then • Gigahash = GH/s (billions of H/s), then • Terahash = TH/s (trillions of H/s), and even • Petahash = PH/s (quadrillions of H/s). In early 2017, Bitcoin’s collective hashrate reached nearly 4 Exahash. This represents a tremendous investment into mining hardware, the R&D of such hardware, and electrical expenditure. Difficulty: With hashrate shooting up over the years, it would seem blocks would be found by miners ever more rapidly. Bitcoin’s Difficulty measure is what prevents this from happening. It adjusts to hashrate to ensure that blocks are found roughly every 10 minutes. Note how closely Difficulty matches Hashrate in the 2 charts above. When total hashrate rises, the Difficulty of POW hashing adjusts upwards – and the inverse also applies. Difficulty auto-adjusts every two weeks (or 2016 blocks). BTC / XBT exchange rate: The current fiat; critical for. W/xHash/s: Watts per hashrate per second. Electricity is the major on-going cost of Bitcoin mining. The price paid per Watt will greatly influence profitability. Mining Pool: Unless you command a tremendous hashrate, your odds of solving a block by yourself (i.e. “solo-mining”) are extremely low. By, your combined odds of solving a block rise proportional to the pool’s total hashrate. Whenever they solve blocks, pools reward individual miners according to their contributed hashrate (minus commissions and the like). Calculating Mining Profitability With these terms in mind, it’s possible to (circa March 2017) of Bitcoin mining for your circumstances. Note: The future profitability of mining cannot be reliably predicted. This is due to the ever-changing nature of the Difficulty modifier and the BTC price, in particular. To begin, we must select a suitable ASIC mining rig. To aid in selection, the Bitcoin Wiki provides a handy: Although Bitcoin Wiki doesn’t list many models as currently shipping on from their manufacturers, all these mining rigs (and more) are available for resale as new or used. The AntMiner S9 is a modern mining rig which offers a good hashrate for its power consumption. It’s pretty much the cutting edge of mining tech so we’ll select it for our example. The S9 is available for roughly $1800 up to $2400 from Amazon, or about, shipping excluded. Power supply units will add another $120 or so to the price. Next, we need to enter the S9’s and cost, as well as other info such as power cost and pool fees, into a suitable number-cruncher. CoinWarz.com offers a, which automatically fills in the current BTC price, Difficulty and block reward info. Note that the Hardware Costs field does not seem to influence the final calculation. Scenario 1: Big Chinese Miners We are using the default power cost of 5c (USD), a likely rate for a Chinese industrial area or one in which electricity is subsidized. To determine your own power cost, check or your utility bill for the exact price. The 0% Pool Fee assumes a mining farm large enough to run its own pool. Smaller pools will generally offer lower or even no fees, but keep in mind they will seldom find blocks. The fees and reward structures of various pools are compared in. Once all the necessary info is entered, hit Calculate for the profitability result: An excellent result! At this rate, the S9 unit would pay for itself within a year as well as make about $600 in profit! As a large miner would be able to negotiate a lower unit price on each S9, we can assume they’ll research profit even sooner. Scenario 2: An American Hobby Miner Before getting too excited about your potential mining profits, let’s recalculate them using the per kWh in the USA (~12.5c) and a typical pool fee of 1%. The result: It’s not looking so great now. At a Bitcoin price around $1150, it appears that the average American home miner makes only $1348 a year, assuming difficulty and price hold steady. In other words, the unit will pay for itself within a year. However: This is a dangerous assumption! Bitcoin’s total hashrate – and thus its difficulty, has been consistently rising since the early years, sometimes jumping by double digit percentages within a month! Therefore, any calculations should be regarded skeptically, as likely best-case scenarios. Sources of Unexpected Profit Loss: Difficulty Spikes, Price Crashes, Equipment Failures, Power Cuts, Shipping Delays & More! Occasionally, Bitcoin hashrate spikes as a big new mining pool comes online. This happened in early 2016: It’s quite possible that even some big, corporate miners found their profit margins under threat from the resulting steep spike in competition. Indeed, in mid-2016, Swedish Bitcoin mining firm KnCMiner The home miner really has no chance to compete in such a challenging environment, unless they have access to free or extremely low-cost electricity Also bear in mind that the rate of obsolescence in Bitcoin mining hardware is quite fast! New, more efficient mining hardware may be released at any time, although we are reaching the technological limits of improved efficiencies. If (pre-)ordering any such equipment, be aware that potential manufacturing, shipping, customs or other delays could end up being very costly as difficulty rises or price falls during the interim. There are plenty of other things which can wrong, for example: • hardware failures, • power outages, • network disconnections & • price crashes. Such downside risks must always be factored into any sound business plan. Conclusion The average home miner will struggle to be profitable or recoup the cost of mining hardware and electricity. Profitability is highly unlikely given the current circumstances. The situation may improve in future once innovation reaches the point of diminishing returns. That, coupled with cheap, hopefully sustainable power solutions may once again make Bitcoin mining profitable to small individual miners around the world. This would also greatly improve the decentralization of the Bitcoin network, hardening it against legislative risk. 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. Ethereum Mining Hardware comparison that will help you along in the jungle of GPU’s and MH/s. The mining equipment found. Exchanges, cloud mining services. Mining calculators help miners to easily calculate what will be the profit with their available hashrate for a given period taking into account thing such as network. Most people are well aware that at the moment Ethereum (ETH) is probably the most profitable to mine with GPUs, however Decred is not that far behind and you. 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. How Bitcoin Mining Works Where do bitcoins come from? With paper money, a government decides when to print and distribute money. Bitcoin doesn't have a central government. With Bitcoin, miners use special software to solve math problems and are issued a certain number of bitcoins in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine. Bitcoin is Secure Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure. Links • - Learn all about crypto-currency. • - Where the Bitcoin community gets news. • - Interviews with top people in Bitcoin Bitcoin Mining Hardware Comparison Currently, based on (1) price per hash and (2) electrical efficiency the best Bitcoin miner options are. Avalon6 • 3.5 Th/s • 0.29 W/Gh • 9.5 pounds • No • $499.95 • • 0.1232 • Overview - Table of Contents • • • • • • • • Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere. What is Bitcoin Mining? What is the Blockchain? Is intentionally designed to be resource-intensive and difficult so that the number of blocks found each day by miners remains steady. Which online Bitcoin cloud mining is best/safe to use? Update Cancel. Cryptocurrency GUI miner and Mining Pool. Get most profit while mining. Jun 29, 2016 The 18 companies that control bitcoin in 2016. It works as a cloud mining pool. BitFury is the best-funded mining hardware company in the. Individual blocks must contain a proof of work to be considered valid. This proof of work is verified by other Bitcoin nodes each time they receive a block. Bitcoin uses the proof-of-work function. The primary purpose of mining is to allow Bitcoin nodes to reach a secure, tamper-resistant consensus. Mining is also the mechanism used to introduce Bitcoins into the system: Miners are paid any transaction fees as well as a 'subsidy' of newly created coins. This both serves the purpose of disseminating new coins in a decentralized manner as well as motivating people to provide security for the system. Bitcoin mining is so called because it resembles the mining of other commodities: it requires exertion and it slowly makes new currency available at a rate that resembles the rate at which commodities like gold are mined from the ground. What is Proof of Work? A is a piece of data which was difficult (costly, time-consuming) to produce so as to satisfy certain requirements. It must be trivial to check whether data satisfies said requirements. Producing a proof of work can be a random process with low probability, so that a lot of trial and error is required on average before a valid proof of work is generated. Bitcoin uses the Hashcash proof of work. What is Bitcoin Mining Difficulty? The Computationally-Difficult Problem Bitcoin mining a block is difficult because the SHA-256 hash of a block's header must be lower than or equal to the target in order for the block to be accepted by the network. This problem can be simplified for explanation purposes: The hash of a block must start with a certain number of zeros. The probability of calculating a hash that starts with many zeros is very low, therefore many attempts must be made. In order to generate a new hash each round, a nonce is incremented. See Proof of work for more information. The Bitcoin Network Difficulty Metric The is the measure of how difficult it is to find a new block compared to the easiest it can ever be. It is recalculated every 2016 blocks to a value such that the previous 2016 blocks would have been generated in exactly two weeks had everyone been mining at this difficulty. This will yield, on average, one block every ten minutes. As more miners join, the rate of block creation will go up. As the rate of block generation goes up, the difficulty rises to compensate which will push the rate of block creation back down. Any blocks released by malicious miners that do not meet the required difficulty target will simply be rejected by everyone on the network and thus will be worthless. The Block Reward When a block is discovered, the discoverer may award themselves a certain number of bitcoins, which is agreed-upon by everyone in the network. Currently this bounty is 25 bitcoins; this value will halve every 210,000 blocks. See Controlled Currency Supply. Additionally, the miner is awarded the fees paid by users sending transactions. The fee is an incentive for the miner to include the transaction in their block. In the future, as the number of new bitcoins miners are allowed to create in each block dwindles, the fees will make up a much more important percentage of mining income. 1.0 MHS per 1.0 cloud instance owned-(Cloud Scrypt). Cloud Mining Calculator. Number of GHS 4.0. *Cloud mining should be considered as a fun. How to Calculate Mining Profitability. Those of you on a more moderate budget are probably looking at building a GPU miner for scrypt. How Does Cloud Mining. 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. Estimated Expected Cryptocurrency Earnings The estimated expected cryptocurrency earnings are based on a statistical calculation using the values entered and do not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, and a pool's efficiency. If you are mining using a pool, the estimated expected cryptocurrency earnings can vary greatly depending on the pool's efficiency, stale/reject/orphan rate, and fees. If you are mining solo, the estimated expected cryptocurrency earnings can vary greatly depending on your luck and stale/reject/orphan rate. Time Frame LTC Coins BTC (LTC/BTC at 0.01609110) USD (BTC at $11,826.60) Power Cost (in USD) Pool Fees (in USD) Profit (in USD) Hourly 0.00057462 0.00000925 $0.11 $0.10 $0.00 $0.01 Daily 0.01379091 0.00022191 $2.62 $2.40 $0.00 $0.22 Weekly 0.09653637 0.00155338 $18.37 $16.80 $0.00 $1.57 Monthly 0.41372728 0.00665733 $78.73 $72.00 $0.00 $6.73 Annually 5.03368192 0.08099748 $957.92 $876.00 $0.00 $81.92. What is Cloud Mining? There are basically two ways to acquire Bitcoins or any other cryptocurrencies: mining yourself or buying from an exchange. Best bitcoin mining calculator difficulty sleeping after knee ltc, xzc best bitcoin mining calculator difficulty sleeping after knee Update 8/14 at 5:30.m.: An Uber spokesperson told Gizmodo that the company is on track to fulfill the recommendations of the Holder/Albarrn report on time, and isnt lagging behind as. Bitcoin cash price cryptocompare portfolio lighting manufacturer bch, doge bitcoin cash price cryptocompare portfolio lighting manufacturer The practice of selling JPY for FX and carrying the higher interest rates back to Japan is becoming more obsolete with falling global interest rates and a general eking out. Aug 29, 2017 - youtube.com facebook.com baidu.com wikipedia.org yahoo.com google.co.in reddit.com qq.com amazon.com taobao.com google.co.jp twitter.com tmall.com vk.com live.com instagram.com sohu.com sina.com.cn weibo.com jd.com 360.cn google.de google.co.uk google.ru google.fr google.com.br. It's much easier to just buy the coins. But in this case, you will pay the current market price. If you mine Bitcoins, you are able to get coins much cheaper. But you need to make an initial investment and set up your mining hardware and software. Luckily there's a way to mine cryptocurrencies that is not very well known yet - cloud mining. Basically, it is a simplified process for mining crypto. You will be renting a cloud server which is configured to do the mining for you. You can do this without all the hustle that is needed when you do the mining yourself. There are many advantages of cloud mining: you don't have to wait for the delivery of equipment (usually it takes several months), there are no additional costs for electricity, you don't have to rent a place for the miners to do the work (as they are quite loud and not suitable at home). The investment for cloud mining only depends on your capabilities: the amount of hash rate you get (which equals to the coins you will acquire) depends on the amount of your investment. Which Cloud Mining Companies To Trust? There is a lot of scam in the world of cryptocurrencies. And a lot in cloud mining as well. So, you can't trust any company that advertises their services to you. The sites we refer to with our calculator are tested out by ourselves and we have actually received crypto payments from them. As cloud mining can be highly lucrative (hundreds of percents of profit at current rates), then most reliable mining companies have sold out their services. Luckily, there are a few ones left, that are open for new signups. In operation since 2014, probably the biggest cloud mining company right now. Their site is easy to use and contract prices are really reasonable. We advise acting fast if you want to use Hashflare, as they have recently added 'limited supply' status to their Bitcoin mining contracts. The oldest cloud mining company in existence with best rates on the market. Sadly, their Bitcoin mining contracts are currently sold out. But we still advise to sign up with them as you'll be notified once they open up their BTC cloud mining service again. Meanwhile, you can mine Monero, that has really high potential as well. A newcomer, with higher prices, but definitely worth checking out. They are also selling mining equipment (mining rigs), so they surely know what they are doing. Hope the prices will come down in the future as well. Which Cloud Mining Companies Are Scam? Honestly, most of the so-called cloud mining companies out there are nothing but scammers. Here's a list of the companies we know will just take your money and give nothing back in return: • Mining Sweden • Bitknock • Scryptsy • Cointracker • CloudThink • ScryptCC • xScrypt • Cloudminr • Bitcoin Cloud serverices • Vulu • Burstmine • LTCGear.com Any questions? Feel free to or write a comment below. <%= durationStr%> <%= title%> <%= tooltipContentBody%> <%= title%. <%= durationStr%> Could BitCoin be a decentralized password cracking system? The bitcoin price has jumped as the world's largest regulated derivatives exchange began trading in the cryptocurrency. Such was the demand for bitcoin futures. You can view the most up-to-date pricing and availability on Hashnest's website. Bitcoin Cloud Mining Review: Supposedly has been mining Bitcoin since mid-2013. Last updated June 13, 2017 Want to find the best Bitcoin cloud mining contracts? This post has you covered. Most Bitcoin Cloud Mining Companies are Scams Like the heading says, most cloud mining contracts are scams. Because it’s easy for companies to take peoples’ money, and then not pay out. A company can claim to be a cloud mining company without any proof of actually owning any hardware. So remember: 99% of cloud mining companies are scams. Which Companies Are Not Scams? There is only one cloud mining company we are willing to recommend on this site:. Just because they are not scams, however, does not mean that you will make a profit by buying contracts. Note: You need a wallet to receive payouts to. A secure hardware wallet like the is a good option. Genesis Mining Genesis Mining is a Hong Kong based company although its founders are from Germany and attend many Bitcoin conferences. You can read more about Genesis Mining on their. Offers three different Bitcoin mining cloud contracts. All plans are paid with a one time payment and are lifetime contracts: Gold: 100 GH/s plan that costs $19. Platinum: 2,000 GH/s plan that costs $340. Diamond: 10,000 GH/s plan that costs $1,600. Is Cloud Mining Profitable? It depends what your goals are with cloud mining. If your goal is to obtain bitcoins, then there is really no reason to cloud mine or even mine at all. You will get more bitcoins for your buck if you just! If you think mining is cool and want to try, then cloud mining still is not a good option. Grab a and run it at home. Just Want Bitcoins? If you just want bitcoins, mining is NOT the best way to obtain coins. Buying bitcoins is the EASIEST and FASTEST way to purchase bitcoins. Get $10 worth of free bitcoins when you buy $100 or more. Bitcoin Cloud Mining Comparison There is not much to compare, because we personally do not recommend buying any clooud mining contracts so we will not spend the time to compare the two companies above. But check back in to see if we find any new, legit cloud mining companies. Bitcoin Cloud Mining Scams History The reason there are so many cloud mining scams is because it is very easy for anyone in the world to setup a website. Once the website is setup it can claim that the company has a large mining facility. The company can act legit by sending initial payments to its customers. But after that it can just keep the already received payments for hash power and then make no further payments. In just the last few months, two cloud mining scams were uncovered: and. What Payment Methods do Cloud Mining Companies Accept? Most cloud mining companies accept Bitcoin, PayPal, and. If a cloud mining company accepts bitcoins then there is a good chance it is a scam. This is because Bitcoin payments cannot be reversed. Once the scam company receives your bitcoin payment you have no way to get your coins back. • • • • • • • • • • • • Are there Free Cloud Mining Trials? No company would give away free cloud mining; this is basically giving away free money. Any company offering free trials, especially if they require payment information, is most likely a scam. How does Bitcoin Cloud Mining Work? Cloud mining means a host company owns Bitcoin mining hardware and runs it at a warehouse. You pay the company and rent out some of the hardware. Based on the amount of hash power you rent, you will earn a share of payments from the cloud mining company for any revenue generated by the hash power you purchased. Cloud Mining Viruses There that land on computers and then use the computers’ power to mine bitcoins. Run a malware detector on your computer if you think you may have come under attack. Just buy Bitcoins! If you just want bitcoins, don’t bother with cloud mining. The Genesis Gold Mining Contract has a power rating of 1000 GH and a lifetime duration. Genesis Mining charges a small maintenance fee as long as the contract is profitable. Disclosure: Mining contract metrics are calculated based on a network hash rate of 18,633,837,452 GH/s and. CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. 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. • 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. • 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. Calculate the profit from mining Equihash-based currencies (Zcash, Bitcoin Gold) on MinerGate. Please note that it is an estimated amount of cryptocoins you can get. The calculations are based on the current pool fee, 0% bad shares and doesn't account for orphan blocks or uncles. Your profit depends on network difficulty, block reward, transactions amount and fee. Exchange rates are provided. Calculation is based on the following formula: Reward = ((hashrate * block_reward) / current_difficulty * 2^13) * (1 - pool_fee) * 3600. A simple and extremely accurate Bitcoin mining calculator with instructions on how to calculate Bitcoin mining profits for beginners. An easy to use crypto-currency finance utility used to calculate a Ethereum miner's potential profits in ETH and multiple fiat currencies. The calculator fetches price and network data from the internet and only requires the hash rate (speed of mining) from the user. A projected future profit chart is created dynamically and. |
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