Bitcoin Mining Can Be Profitable, If You Generate The Power

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MiningPoolHub

This sub is strictly focused on mining on the MiningPoolHub service.
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Can I Make Money Bitcoin Mining with an Average Gaming Computer?

I literally know nothing about Bitcoin. I just joined Reddit today and thought this thread was interesting. Can someone take a minute to tell me about whether mining is a legit way to make money? How much can I make within a month? If I invest in more computing power, can I significantly increase my monthly earning power?
submitted by Buck_Mulligan_ to Bitcoin [link] [comments]

Can I Make Money Bitcoin Mining with an Average Gaming Computer? /r/Bitcoin

Can I Make Money Bitcoin Mining with an Average Gaming Computer? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

05-24 13:04 - 'How much money can i make mining with the fastest cpu in the world?' (self.Bitcoin) by /u/Choata18 removed from /r/Bitcoin within 183-193min

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Fastest gpu, fastest EVERYTHING, bascially the fastest hardware possible in the world. max spent: $500k
Or am i too late to the game?
Thanks
'''
How much money can i make mining with the fastest cpu in the world?
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Author: Choata18
submitted by removalbot to removalbot [link] [comments]

12-04 00:23 - 'I can help you to make money before Christmas through bitcoin mining if only you are interested' (i.redd.it) by /u/carlosbernard388 removed from /r/Bitcoin within 0-8min

I can help you to make money before Christmas through bitcoin mining if only you are interested
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Author: carlosbernard388
submitted by removalbot to removalbot [link] [comments]

11-26 16:13 - '🔴[LIVE] 24 Hour Challenge: HOW MUCH MONEY CAN I MAKE IN 24HRS FROM BITCOIN MINING? (GONE WRONG)' (self.Bitcoin) by /u/Widow135 removed from /r/Bitcoin within 84-94min

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🔴[LIVE] 24 Hour Challenge: HOW MUCH MONEY CAN I MAKE IN 24HRS FROM BITCOIN MINING? (GONE WRONG)
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Author: Widow135
1: ***.y*ut*be.com/channel*UCq*uP1Uh**G0wQ*QnSIxBaw***ve 2: **w.y*utube.**m*ch*nnel/UCqguP1*h*8G0wQ*QnSIxBaw/li*e*^**
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

How do I get started on hashflare bitcoin mining.? How much money do I invest? How much money can I make?

submitted by emiliano_elptx to hashflare [link] [comments]

Can start bitcoin mining if i have 14 older computers (like core 2 duo CPU's and integrated graphics) and i don't have to pay for electricity. will it work and make any money?

so at my school they keep the power on 24/7 and in my comp sci class there is a bunch of computers that aren't used because they only have 2 cores and integrated graphics. i see about 14 of them if i set all of them up and run nice hash will it work, and if so will it make any money?
submitted by artink2112 to Bitcoin [link] [comments]

Electrum users, I was just starting with bitcoin mining & i use Nicehash, I put my Electrum address & in 2 weeks i have mined $10 worth of btc, But now i check my Electrum & my address has changed. What can i do to change it back or make the money sent to that address redirect to the current one?

I know i shouldn't have used the "change addresses" tick option but i didn't know it existed or what it was supposed to do back then. I'd really appreciate some help :)
submitted by Namoor3 to Bitcoin [link] [comments]

05-07 03:23 - 'A friend of mine told me about Bitconnect. Says I can make my money back in 3 months and double it in 6. Is this a scam or no? / A friend of mine told me about OneCoin. Says I can make my money back in 3 months and double i...' by /u/cointastical removed from /r/Bitcoin within 1-11min

'''
A friend of mine told me about Bitconnect. Says I can make my money back in 3 months and double it in 6. Is this a scam or no?
A friend of mine told me about OneCoin. Says I can make my money back in 3 months and double it in 6. Is this a scam or no?
A friend of mine told me about USI Tech. Says I can make my money back in 3 months and double it in 6. Is this a scam or no?
A friend of mine told me about Davor Coin. Says I can make my money back in 3 months and double it in 6. Is this a scam or no?
A friend of mine told me about MMM Global. Says I can make my money back in 3 months and double it in 6. Is this a scam or no?
A friend of mine told me about R2B Coin. Says I can make my money back in 3 months and double it in 6. Is this a scam or no?
A friend of mine told me about PlexCoin. Says I can make my money back in 3 months and double it in 6. Is this a scam or no?
'''
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Author: cointastical
submitted by removalbot to removalbot [link] [comments]

Can start bitcoin mining if i have 14 older computers (like core 2 duo CPU's and integrated graphics) and i don't have to pay for electricity. will it work and make any money? /r/Bitcoin

Can start bitcoin mining if i have 14 older computers (like core 2 duo CPU's and integrated graphics) and i don't have to pay for electricity. will it work and make any money? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Can I make money mining bitcoin if my power is free?

Title :) I'm kinda desperate for work, and I have free power currently. Thanks in advance guys!
submitted by sixsamuraisoldier to BitcoinMining [link] [comments]

What can I do with my RPi that makes money? (not bitcoin mining)

submitted by DaGamr to raspberry_pi [link] [comments]

Electrum users, I was just starting with bitcoin mining & i use Nicehash, I put my Electrum address & in 2 weeks i have mined $10 worth of btc, But now i check my Electrum & my address has changed. What can i do to change it back or make the money sent to that address redirect to the cu /r/Bitcoin

Electrum users, I was just starting with bitcoin mining & i use Nicehash, I put my Electrum address & in 2 weeks i have mined $10 worth of btc, But now i check my Electrum & my address has changed. What can i do to change it back or make the money sent to that address redirect to the cu /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Electrum users, I was just starting with bitcoin mining & i use Nicehash, I put my Electrum address & in 2 weeks i have mined $10 worth of btc, But now i check my Electrum & my address has changed. What can i do to change it back or make the money sent to that address redirect to the current one?

I know i shouldn't have used the "change addresses" tick option but i didn't know it existed or what it was supposed to do back then. I'd really appreciate some help :)
submitted by Namoor3 to Bitcoin [link] [comments]

Bitcoin mining, should I participate and can i make money?

I have two computers, one i use that is a pretty bulky in terms of processing power and the other isn't really being used for anything, an old dell dimension 8400, How can i set it up, Should i even try?
submitted by Splortabot to AskReddit [link] [comments]

Can I make any money bitcoin mining? /r/Bitcoin

Can I make any money bitcoin mining? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: I have 100% free electricity, can I make money from bitcoin mining? /r/techsupport

Bitcoin mentioned around Reddit: I have 100% free electricity, can I make money from bitcoin mining? /techsupport submitted by BitcoinAllBot to BitcoinAll [link] [comments]

How much money can I make by mining with a Raspberry Pi. /r/Bitcoin

How much money can I make by mining with a Raspberry Pi. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

/r/Monero Weekly Discussion – September 19, 2020 - Use this thread for general chatter, basic questions, and if you're new to Monero

Index

  1. General questions
  2. Wallet: CLI & GUI
  3. Wallet: Ledger
  4. Nodes

1. General questions

Where can I download the Monero wallet?

There are multiple Monero wallets for a wide range of devices at your disposal. Check the table below for details and download links. Attention: for extra security make sure to calculate and compare the checksum of your downloaded files when possible.
Please note the following usage of the labels:
⚠️ - Relatively new and/or beta. Use wallet with caution.
☢️ - Closed source.

Desktop wallets

Wallet Device Description Download link
"Official" GUI / CLI Windows, macOS, Linux Default implementation maintained by the core team. Use this wallet to run a full node and obtain maximum privacy. Integrates with hardware wallets. Current version: 0.16.0.3 / 0.16.0.3. GetMonero.org
MyMonero Windows, macOS, Linux Lightweight wallet -- you don't need to download the blockchain and run a node. MyMonero was developed with the assistance of the core team. It also has web-based and iOS versions. MyMonero.com
Exodus Windows, macOS, Linux ⚠️ / Multi-asset wallet. Exodus.io
ZelCore Windows, macOS, Linux ⚠️ / Multi-asset wallet. It also has Android and iOS versions. Zeltrez.io
Guarda Windows, macOS, Linux ⚠️ ☢️ / Multi-asset wallet. Guarda.co

Mobile wallets

Wallet Device Description Download link
Monerujo Android Integrates with Ledger (hardware wallet). Website: https://www.monerujo.io/. Google Play / F-Droid / GitHub
MyMonero iOS Website: https://mymonero.com/ App Store
Cake Wallet iOS Website: https://cakewallet.io/ App Store
X Wallet iOS Website: https://xwallet.tech/ App Store
Edge Wallet Android / iOS Multi-asset wallet. Website: https://edge.app/ Google Play / App Store
ZelCore Android / iOS ⚠️ / Multi-asset wallet. Website: https://zelcore.io/ Google Play / App Store
Coinomi Android / iOS ⚠️ ☢️ / Multi-asset wallet. Website: https://www.coinomi.com/ Google Play / App Store
Moxi / Guarda Android / iOS ⚠️ ☢️ / Multi-asset wallet. Website: https://guarda.co/ Google Play / App Store
Exa Wallet Android / iOS ⚠️ Website: https://exan.tech/ Google Play / App Store
Wookey Wallet Android / iOS ⚠️ Website: https://wallet.wookey.io/ Google Play / F-Droid / App Store
Exodus Android / iOS ⚠️ / Multi-asset wallet. Website: https://www.exodus.io/monero/) Google Play / [App Store](https://apps.apple.com/app/exodus-crypto-wallet/id1414384820

Web-based wallets

Wallet Description Link
MyMonero Web version of the MyMonero wallet. Web
Guarda Multi-asset wallet. Web

How long does it take for my balance to unlock?

Your balance is unlocked after 10 confirmations (which means 10 mined blocks). A block is mined approximately every two minutes on the Monero network, so that would be around 20 minutes.

How can I prove that I sent a payment?

The fastest and most direct way is by using the ExploreMonero blockchain explorer. You will need to recover the transaction key from your wallet (complete guide for GUI / CLI).

How do I buy Monero (XMR) with Bitcoin (BTC)?

There are dozens of exchanges that trade Monero against Bitcoin and other cryptocurrencies. Check out the list on CoinMarketCap and choose the option that suits you best.

How do I buy Monero (XMR) with fiat?

How can I quickly exchange my Monero (XMR) for Bitcoin (BTC)?

There are multiple ways to exchange your Monero for Bitcoin, but first of all, I'd like to remind you that if you really want to do your part for Monero, one of the simplest ways is to get in touch with your merchant/service provider and request for it to accept Monero directly as payment. Ask the service provider to visit the official website and our communication channels if he or she needs help with system integration.
That being said, the community has been recommending two services in particular, XMR.TO and MorphToken. These services are only recommendations and are operated by entities outside the control of the Monero Project. Be diligent.

How do I mine Monero? And other mining questions.

The correct place to ask questions and discuss the Monero mining scene is in the dedicated subreddit MoneroMining. That being said, you can find a list of pools and available mining software in the GetMonero.org website.

2. Wallet: CLI & GUI

Why I can't see my balance? Where is my XMR?

Before any action there are two things to check:
  1. Are you using the latest available version of the wallet? A new version is released roughly every 6 months, so make sure you're using the current release (compare the release on GetMonero.org with your wallet's version on Settings, under Debug info).
  2. Is your wallet fully synchronized? If it isn't, wait the sync to complete.
Because Monero is different from Bitcoin, wallet synchronization is not instant. The software needs to synchronize the blockchain and use your private keys to identify your transactions. Check in the lower left corner (GUI) if the wallet is synchronized.
You can't send transactions and your balance might be wrong or unavailable if the wallet is not synced with the network. So please wait.
If this is not a sufficient answer for your case and you're looking for more information, please see this answer on StackExchange.

How do I upgrade my wallet to the newest version?

This question is beautifully answered on StackExchange.

Why does it take so long to sync the wallet [for the first time]?

You have decided to use Monero's wallet and run a local node. Congratulations! You have chosen the safest and most secure option for your privacy, but unfortunately this has an initial cost. The first reason for the slowness is that you will need to download the entire blockchain, which is considerably heavy (+70 GB) and constantly growing. There are technologies being implemented in Monero to slow this growth, however it is inevitable to make this initial download to run a full node. Consider syncing to a device that has an SSD instead of an HDD, as this greatly impacts the speed of synchronization.
Now that the blockchain is on your computer, the next time you run the wallet you only need to download new blocks, which should take seconds or minutes (depending on how often you use the wallet).

I don't want to download the blockchain, how can I skip that?

The way to skip downloading the blockchain is connecting your wallet to a public remote node. You can follow this guide on how to set it up. You can find a list of public remote nodes on MoneroWorld.
Be advised that when using a public remote node you lose some of your privacy. A public remote node is able to identify your IP and opens up a range for certain attacks that further diminish your privacy. A remote node can't see your balance and it can't spend your XMR.

How do I restore my wallet from the mnemonic seed or from the keys?

To restore your wallet with the 25 word mnemonic seed, please see this guide.
To restore your wallet with your keys, please see this guide.

3. Wallet: Ledger

How do I generate a Ledger Monero Wallet with the GUI or CLI?

This question is beautifully answered on StackExchange. Check this page for the GUI instructions, and this page for the CLI instructions.

4. Nodes

How can my local node become a public remote node?

If you want to support other Monero users by making your node public, you can follow the instructions on MoneroWorld, under the section "How To Include Your Node On Moneroworld".

How can I connect my node via Tor?

This question is beautifully answered on StackExchange.
submitted by AutoModerator to Monero [link] [comments]

Minimum Viable Issuance - Why Ethereum’s lack of a hard cap on ETH issuance is a good thing.

This post will explain how the argument used by the average Bitcoin maximalist, thinking that they have found Ethereum’s achilles heel when talking about issuance is actually highlighting one of Ethereum’s strong points and one of the main threats to the longevity of the Bitcoin network.
So first let’s answer the question which I know many people have about Ethereum:

What is Ethereum’s ETH issuance schedule?

Ethereum has an issuance policy of Minimum Viable Issuance. So what does this mean exactly? It means that the issuance of ETH will be as low as possible while also maintaining a sufficient budget to pay miners (and soon to be stakers) to keep the network secure. For example, if ETH issuance was halved, miners would drop off the network and stop mining as it is no longer profitable for them to mine. As a result, the network would be less secure as it would cost less money for an attacker to control 51% of the hash power and attack the network. This means that the Ethereum community plans to change ETH issuance as time goes on to maintain a reasonable security budget which will keep the network secure but will also keep inflation in check. We have done this twice in the past with EIP-649 and EIP-1234 which reduced block rewards from 5 ETH per block to 3 ETH and from 3 ETH to 2 ETH respectively. I previously made a graph of ETH issuance over time here: https://redd.it/it8ce7
So while Ethereum doesn’t have a strictly defined issuance schedule, the community will reject any proposals which either put the security of the network at risk such as the recent EIP-2878, or we will reject proposals which will lead to excessive network security and therefore an unnecessarily high inflation rate (or we will accept proposals which reduce issuance after price rises and therefore the security budget rises). This means that when Bitcoiners accuse the Ethereum Foundation of being no better than a central bank because they can “print more Ether”, this is completely untrue. Any proposals made by the EF which would increase issuance unnecessarily would be rejected by the community in the same way that a proposal to increase the supply of Bitcoin from 21 million to 22 million would be rejected. There is a social contract around both Bitcoin’s and Ethereum’s issuance schedules. Any networks or proposals which break the social contracts of 21 million Bitcoins and minimal viable issuance of Ether would be a breach of these contracts and the new proposed network would be labeled by the community as illegitimate and the original network would live on.

So why is minimum viable issuance better than a hard cap?

Minimum viable issuance is better than a hard cap because it puts the most important part of the network first - the security. MVI ensures that the Ethereum network will always have a security budget which keeps the cost of a 51% attack impractically high. Bitcoin on the other hand, halves its security budget every 4 years until eventually only the transaction fees pay for network security. This means that every 4 years, the amount of money paying for network security halves until eventually, the value of attacking the network becomes greater than the security budget and someone performs a 51% attack (technically the security budget only halves if terms of BTC not in dollars. However, even if the price of Bitcoin more than doubles in the time that the security budget halves, the ratio of security budget to value secured on the network still halves, doubling the financial viability of performing a network attack). The strategy to pay for the security budget once Bitcoin issuance stops is for transaction fees to secure the network since transaction fees are paid to miners. Not only does this have its own security problems which I won’t detail here, but unless Bitcoin scales on layer 1 (layer 2 scaling solutions have their own security mechanisms separate from L1), then fees would have to cost well in the thousands of dollars to secure a trillion dollar market cap Bitcoin that is secured by nothing but fees. If Bitcoin maximalists want a 10 trillion or 100 trillion dollar market cap then expect fees to go up another 10 or 100 times from there.
Ethereum on the other hand, will be able to keep its network secure with approximately 1-2% annual issuance being paid to stakers under ETH 2.0. This is because not all of the network will be staking, so if 33 million of the approximately 110 million Ether in existence stakes under ETH 2.0, then paying this 33 million Ether 6% a year (a very decent yield!) would cost just under 2 million ETH per year which would equate to less than 2% annual ETH inflation. This is also before considering EIP-1559 which will burn a portion of transaction fees which will counter the effect of this inflation and potentially even make ETH deflationary if the sum of all burned transaction fees are greater than the annual inflation. Also, under ETH 2.0, an attacker performing a 51% attack would get his funds slashed (they would lose their funds) if they attack the network, meaning that they can only perform a 51% attack once. However, in Bitcoin, anyone who controls 51% of the mining hash power could perform multiple 51% attacks without losing everything like they could in ETH 2.0.
So in conclusion, while Ethereum doesn’t have the guaranteed anti-inflation security of a hard cap, it does have the guarantee of always paying it’s miners (or stakers under ETH 2.0) enough to keep the network secure. In contrast, while Bitcoin’s social contract may guarantee a hard cap of 21 million, it cannot simultaneously guarantee network security in the long run. Eventually, its users will have to decide if they want a secure network with more than 21 million coins or a tax to pay for security or an insecure network with super high fees and a hard cap of 21 million Bitcoin.
Disclaimer: The details I covered around 51% attacks and network security are simplified. I am not an expert in this field and things are a lot more nuanced than I laid out in my simplifications above.
submitted by Tricky_Troll to ethfinance [link] [comments]

ABC shills such as Shammah Chancellor calls those against the IFP tax "Bitsheviks" - yet ABC proceeds to announce that they will be collecting a socialist tax and handing it back to those they deem "worthy", such as BCHD, etc" - trying to bribe projects into conformity. Isn't that fucking ironic?

The list of the IFP tax/theft supporters is growing smaller and they are having to put their masks down and announce their anti-Bitcoin positions loud and proud.
Bitcoin is not code only, it is a very well balanced technoeconomic system, and no where neither in its whitepaper nor in any sane man's definition of it does it say "pay to this one entity 8% of every coin minted who then can socially redistribute it".
You are the attackers. You are the ones trying to destroy Bitcoin's soundness and centralize its mining and leadership into the hands of one nerd so that you can make him bow to your masters (assuming he's not already kissing their feet).
And to top this all, the one major miner supporting all of this is the same miner "Haipo" who suggested that they should confiscate all unmoved UTXOs since the fork and use them to finance ABC. hahaha. They will literally be stealing MY MONEY to finance this nerd.
Absolutely pathetic, to hell with ABC and their futile attempt, you will go down in the garbage can of history.
So will all your dogs, no matter how loud they bark.
So go ahead, bark louder Shammah.
submitted by wisequote to btc [link] [comments]

Bitcoin Newcomers FAQ - Please read!

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.
Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.
Potential upcoming protocol improvements and scaling resources here and here.
The number of times Bitcoin was declared dead by the media can be found here (LOL!)

Key properties of Bitcoin

Where can I buy bitcoins?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy OTP Auth
Android Android N/A
iOS iOS iOS

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Spendabit, Overstock and The Bitcoin Directory Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more Bill payment
Menufy, Takeaway and Thuisbezorgd NL Takeout delivered to your door
Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project Freelancing
Lolli Earn bitcoin when you shop online!
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
/GirlsGoneBitcoin NSFW Adult services
A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.

Bitcoin-Related Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network Second layer scaling
Blockstream, Rootstock and Drivechain Sidechains
Hivemind and Augur Prediction markets
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
JoinMarket and Wasabi Wallet CoinJoin implementation
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in recent Electrum wallet releases
bit bit 1,000,000 per bitcoin colloquial "slang" term for microbitcoin (μBTC)
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BitcoinFan7 to Bitcoin [link] [comments]

7 DAY$-24/HR$ - BITCOIN MINING EXPERIMENT - See How Much Money I Made :) JULY 2017 How Much Money I Made Mining Bitcoin SO FAR!!!!!!! - YouTube How Much Can You Make Mining Bitcoin With 6X 1080 Ti ... How to make money from Bitcoin? - YouTube How to Make Money With Bitcoin

However, there is a way to make money mining Bitcoin without moving to China to set up a mining farm. With the recent drop in Bitcoin price from the $11,000-handlle to the lower $ 8,000’s, many mining companies are going broke that bought equipment at prices above the $10,000-handle. It is totally possible to make money trading Bitcoin. In fact, fortunes are made every day by Bitcoin traders that truly know their game. The insane volatility in Bitcoin markets is a trader’s paradise, and with the recent rise of platforms like Bitmex, traders can now also make money betting on Bitcoin’s price going down (not just up). Bitcoin mining hardware. To get started with your own mining rig, you buy hardware designed for mining bitcoin (or some other virtual currency), set it up, and let it run 24/7 solving bitcoin ... 1. Two main ways to make money: There are two ways to make money with crypto. ‍ Quantity. The first is by maximising how much of the currency you end up with. For example, you spend $8,000 on a miner and in 12 months it mines $20,000 worth of your chosen cryptocurrency. Minus the $8,000 in costs, you net $12,000 or 1.5x your initial investment. The New York Finger Lake Region is known for its wine and glacial formed waterways. It is a beautiful place. And it now hosts one of the largest Bitcoin mining facilities in the U.S.

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7 DAY$-24/HR$ - BITCOIN MINING EXPERIMENT - See How Much Money I Made :) JULY 2017

www.vbittech.com Make money passively through Bitcoin mining. Learn how banks have been making trillions of dollars using computers and how you can do it yourself! SUBSCRIBE FOR MORE HOW MUCH - http://shorturl.at/arBHL Nviddia GTX 1080 Ti - https://amzn.to/2Hiw5xp 6X GPU Mining Rig Case - https://bitcoinmerch.com/produc... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X While there are many ways you can make money with Bitcoin in the end there are no free m... 7 DAY$-24/HR$ - BITCOIN MINING EXPERIMENT - See How Much Money I Made :) JULY 2017 MrAlanC. ... How much money can you make with antminer L3 - Duration: 10:58. Miners Deals 315,073 views. In an unconventional way, I cover how you can make money with Bitcoin and GPU mining rigs without MINING. Now worries about electricity or ROI...take a look! Full Disclaimer: This video and its ...

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