Is Cryptocurrency Mining Dead? | Trading Education

NiceHash - buy & sell hashing power

NiceHash offers you to buy or sell hashing power directly, no contracts, no limitations, pay-as-you-go if you're a buyer and be-paid-as-you-go if you're a seller. Why bother renting rigs, when you can rent hashing power? NiceHash brings more to renters and rig owners. Visit https://www.nicehash.com today! Simply create order and you are already mining your favorite coin or point your rig to our stratum server and you are already earning bitcoins.
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CoinSolver -- Profit Switching Scrypt Pool w/Nightly Bonus

CoinSovler is a new auto-switching scrypt coin mining pool that pays out directly in BitCoin. We're still in Beta, so suggestions and feedback are most welcome, and we have many features in the works. We intend for it to be dead simple to use, highly profitable and very transparent about the mining information.
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Official Nyancoin Subreddit

Official NyanCoin Subreddit!
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Made a long awaited follow up video to my bitcoin tutorial - Bitcoin Mining Is Dead

Made a long awaited follow up video to my bitcoin tutorial - Bitcoin Mining Is Dead submitted by Ddraig to Bitcoin [link] [comments]

my moon hypothesis

I think monero's gonna goto the moon. Here's the reason why.

First, the general market seems to be in an upswing... this will naturally increase the price of monero (along with other alts). This rise in price will once again cause an increase in interest from outside of the crypto space.
For a lot of people new to the space, the idea of mining is attractive and fascinating. You can print money with your computer. What? Full stop. I remember reading a while ago that this component of nakamoto consensus has an allure because it is akin to alchemy, and apparently human culture has always had a fascination with alchemy.
So, these newcomers will think (as many do) "I should get into mining". They may do some research and discover that bitcoin mining is dead. Eventually they'll come across the fact that Monero is still CPU mineable. And at these bubble run prices, it could probably even turn a profit! So they'll set their PC to mine. Or maybe buy another PC.
And they'll mine.
And they'll read more about monero. They'll become fascinated with why (and how) monero is a privacy coin. They'll become fascinated with why (and how) monero has chosen to have a CPU-bound PoW. They'll probably also come across the tail emission, and why Monero has one, which will then get them reading about base layer scaling.
And they'll mine some more.
And they'll read some more about monero. They'll come across this notion of fungibility. They'll perhaps start to understand how blockchains work, and how consensus protocols work, and how base-layer protocol is the most important protocol for a cryptocurrency.
Probably after mining for a month, watching the price of monero increase and their pooled mining payout threshold *never* coming close to hitting, and all the while reading this or that about monero, they'll say "well, the only way I'm gonna get a good lot of this Monero is to buy some". And hopefully they'll be able to navigate the morass of AML/KYC(M - o - U - s - E) and get their hands on some.
And thats demand. On the buy side.
And where's the pressure from the sell side? Monero's emission just went under 2 xmr a block. And this new emission isn't going to mining farms with bottom lines to cover, so they always need to sell to keep the lights on.
No, its going to people like this, 500 khs bunch of workers with 1.7 to 7 kh/s per worker. Probably a sysadmin somewhere that has idle CPUs that they've decided to mine with.
or this glorious bastard, with 2.2 Mh/s. Their overall activity has a wave pattern, and the worker distribution seems like contemporary intel / amd PCs.
And then you get the ones like this, 11 Mh/s peak with a glorious wave pattern. This one is so cyclical you can't see the online workers because they seem to turn off every day at the same time. Or they have an agreement with nanopool to hide their worker details. But the waves are still visible.
And its also going to solo miners, like this guy. Roughly 13% of the found blocks aren't accounted for via the major pool aggregation website. I don't wanna make up numbers here, but what if that 13% is all just lucky solo miners?
There's ~1440 monero printed every day at this point. How much of that is going straight to market? Based on the fundamental differences in the monero mining ecosystem, I'd bet that more of the newly minted coin is going straight into cold, deep storage.
Of course, the markets are all just manipulated nonsense, so it really just depends on when some whale decides to market buy a bajillion xmr for the lulz.
submitted by gingeropolous to xmrtrader [link] [comments]

Project Suggestions

Okay, so I don't have to worry about electricity for at least a year, and I need project ideas to take advantage of it. I know bitcoin mining is dead, but does anyone have a suggestion for a computer I can build to earn some extra money like an investment? I don't know much, I basically am wanting to use this as an excuse to improve my hardware knowledge and to earn a little extra passive income at the same time.
I have experience building a custom gaming pc, and I just want to put something together, like I said I don't have to worry about electricity so I can build something that runs 24/7
submitted by ElectronicThing to buildmeapc [link] [comments]

Mining in computer labs

BTC recently jumped over $10k makes me interested in mining. Yes, I know, CPU-GPU bitcoin mining is dead over years ago. I'm talking about the altcoins.
I just realized that the computer specs in the labs are quite powerful, well at least way more than my old laptop. Is it actually explicitly prohibited to run like a miner program at least when I'm physically using the computer for let's say doing my class assignments? Is there any page that shows the policies of using the labs computers? I did search this subreddit and found someone said somebody got expelled, but not sure if that's the same as what I intend to do and/or that is true or not.
submitted by cryptoluck to UCSD [link] [comments]

The truth behind Bitcoin mining....in today's market?

All the High/Low end hardware for bitcoin mining is sold out on many sites, yet most articles/comments I read tell them that Bitcoin mining is dead? Who is buying and why, plus are they making money?
submitted by jbignell to BitcoinMining [link] [comments]

Is bitcoin mining dead?

I'm new to the mining game. I have a Machine Learning rig at work that for a couple months wont be used (4x 1080ti). I had some BSOD issues early on, but finally got it going with nicehash and I was surprised that I was only averaging $5 a day.
When I was setting things up, I saw in past videos people were getting $42/day, then $15/day ... now just a couple dollars a day? Since I'm new, I don't have the experience to know if this is a fluke with using nicehash, or a general trend in the field. It seems like bitcoin popped back up to 10k, but the payouts are still dirt slim. Is there a reason for this?
submitted by meyert11 to MiningBitcoin [link] [comments]

New to Peercoin (& Cryptocurrencies).

Hey All,
So I'm thinking of buying an Antminer S3, maybe even two of them! Bitcoin Mining is dead, and Peercoin uses SHA256 for Proof Of Work so I figured I could use the Miner on Peercoin, could someone confirm if I'm correct?
Could someone also explain how the currency works, because I though Mining was approving transactions, but what are blocks? What is Proof-Of-Stake?
Also, what is Minting?
Thanks Guys,
submitted by Pixxld to peercoin [link] [comments]

A few of my bitcoin videos that you guys might like.

So I've been doing bitcoin videos when the mood strikes me. I'm getting pretty close to doing another video and getting that up and online.
Would love any feed back or things you might be interested in for topics.
submitted by Ddraig to BitcoinMining [link] [comments]

Is bitcoin mining dead?

Hey guys, so I recently just got into bitcoin mining and am mining from my pc at home on my nvidia gtx 1070. Yields about 2.77 dollars a day at 337 mhz by the looks of it, unless I'm reading the program wrong. I have seen that people see it's not worth mining anymore when in my head it sure as he'll is...if I use a raspberry pi with a 10 Port USB expander and I plug those USB block eruptors in running at about 8ghz each, which are at about 0.34 dollars a day maybe more.... that's about 6 dollars a day. That's about 42 dollars a week .. so on so forth...im from South Africa and the currency is 13.80 rand to 1 dollar so a month that's about 2300 rand a month. I could probably buy groceries for a month for my girlfriend and myself with That To give you perspective. Now if I have 4 of those farms it goes up quote a bit. I cant Imagine it using much more power than it currently is because my raspberry pi at the moment and my desktop computer are on 24/7.
Am I misunderstanding the concept or am I being too optimistic or why do people say that it's not worth it anymore?
Really appreciate the help guys...i actually haven't stopped thinking about this as a 3rd income.
submitted by djcurzed to BitcoinMining [link] [comments]

If btc mining is no longer profitable, why isn't it dead yet? /r/Bitcoin

If btc mining is no longer profitable, why isn't it dead yet? /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

If btc mining is no longer profitable, why isn't it dead yet? /r/Bitcoin

If btc mining is no longer profitable, why isn't it dead yet? /Bitcoin submitted by cryptoallbot to cryptoall [link] [comments]

What happens if in the future the miners join forces so that the mining reward does not decrease by half every 4 years? if the miners win this battle (2x) decentralization is over, bitcoin as a project is dead

submitted by dsfsdafsdaf665 to Bitcoin [link] [comments]

Is bitcoin mining dead?

I use to mine a little bit back in 2013 but I kinda stopped cause I didnt want my computer overheating constantly. But lately I've taken interest in investing and bitcoin (should've done this way sooner). I'm thinking about setting up a mining rig in my basement. Is this pointless or do people still mine bitcoin?
submitted by kyle_henshaw to Bitcoin [link] [comments]

Crush The Street - NOT DEAD & HERE TO STAY! Smart Money Is Beginning To Mine Bitcoin! ARE YOU? Frank Holmes Interview

Crush The Street - NOT DEAD & HERE TO STAY! Smart Money Is Beginning To Mine Bitcoin! ARE YOU? Frank Holmes Interview submitted by Yanlii to cryptovideos [link] [comments]

Bitcoin mentioned around Reddit: GPU Mining is Dead! At least for now...here's an exit and reentry strategy. /r/gpumining

Bitcoin mentioned around Reddit: GPU Mining is Dead! At least for now...here's an exit and reentry strategy. /gpumining submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Is Bitcoin Mining Dead Crash of Profitability?

Is Bitcoin Mining Dead Crash of Profitability? submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

[uncensored-r/btc] Bitcoin is dead, Bitcoin Cash is dead, mining cryptos is dead.

The following post by omghacks is being replicated because the post has been openly greylisted.
The original post can be found(in censored form) at this link:
np.reddit.com/ btc/comments/7ip97c
The original post's content was as follows:
[removed]
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Bitcoin is dead, Bitcoin Cash is dead, mining cryptos is dead. /r/btc

Bitcoin is dead, Bitcoin Cash is dead, mining cryptos is dead. /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

If GPU mining is dead, then where should I start with Bitcoin? I don't have the thousands of dollars required to mine and make profit..

If this should be in /bitcoinbeginners let me know..
submitted by NightFox819 to BitcoinMining [link] [comments]

What happens if in the future the miners join forces so that the mining reward does not decrease by half every 4 years? if the miners win this battle (2x) decentralization is over, bitcoin as a project is dead /r/Bitcoin

What happens if in the future the miners join forces so that the mining reward does not decrease by half every 4 years? if the miners win this battle (2x) decentralization is over, bitcoin as a project is dead /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Is "Bitcoin Clashic" dead? This block explorer shows the last block was mined almost 5 days ago. Any way to tell if someone is still trying to mine it?

Is submitted by ILikeGreenit to BitcoinAirdrops [link] [comments]

Mining • Is bitcoin mining dead

submitted by btcforumbot to BtcForum [link] [comments]

Is Bitcoin Mining Dead? Crash of Profitability. Genesis Mining Contracts Are DEAD! My Thoughts. Is Mining dead? What is the real problem with FPGAs and ASICs in Crypto? Nicehash on two GTX 1080 TI's  Mining is not dead!!! BITCOIN IS DEAD!

According to experienced miners, nowadays you can get rich by mining Bitcoins only if you invest in really powerful equipment and know how to save money on energy bills. However, as a whole, Bitcoin mining at home is dead. The competition in 2017 is more fierce than ever before. Well, It’s normal that an incredible rise in price such as the one seen last year would attract many new miners to the booming market. Everyone wanted a piece of the pie, but they required hardware to generate sufficient profit. The market’s law o... Latest Video: This is the END of Bitcoin Mining Follow Up Video. Since Crypto Mining is DEAD I've decided to sell all my equipment on eBay. Details Cryptocurrency mining includes two functions, namely: adding transactions to the blockchain (securing and verifying) and also releasing new currency. Individual blocks added by miners should contain a proof-of-work or PoW. Bitcoin mining case study. Let’s take Bitcoin as an example, for a second. The block reward is basically how new Bitcoin Im completely new to Bitcoin and mining in general and want to start (kind of late i guess). Ive seen alot of posts here saying that mining is dead and it doesnt get you any profit...

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Is Bitcoin Mining Dead? Crash of Profitability.

Genesis Mining has decided to pull the plug on its open ended Bitcoin cloud mining contracts stating they are no longer profitable. Today I'll talk about my thought on what this all means and what ... Is GPU Mining Still Profitable? Should YOU Build a Crypto Mining Rig? GPU Mining DEAD?! - Duration: 14:34. VoskCoin 64,531 views I have been a bit busy with college but I had to get a video up to keep you guys current as to what my plans are for my channel. So here you can check out m ... BITCOIN IS DEAD! UFD Tech. Loading... Unsubscribe from UFD Tech? ... Is Bitcoin Mining Worth It?!? - December 2017 - Duration: 12:27. UFD Tech 91,485 views. 12:27. What is Bitcoin? Is Mining dead? What is the real problem with FPGAs and ASICs in Crypto? Bits Be Trippin' ... Bitcoin Explained Simply for Dummies - Duration: 12:49. 99Bitcoins 500,141 views.

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