Bitcoin Mining CPImining

CourtHouseNews: Terrahash 'Bitcoin Mining' Equipment Firm Took Money & Ran, Investor Says

CourtHouseNews: Terrahash 'Bitcoin Mining' Equipment Firm Took Money & Ran, Investor Says submitted by lukerayes08 to Bitcoin [link] [comments]

TerraHash : Avalon ASIC Based Bitcoin Mining Equipment

TerraHash : Avalon ASIC Based Bitcoin Mining Equipment submitted by marcodr13 to Bitcoin [link] [comments]

TerraHash to Provide a Hosted Bitcoin Mining Solution for $6/GHash

submitted by bitanalyst to Bitcoin [link] [comments]

South Korea justice ministry prepares to ban cryptocurrency trading, exchanges raided

http://www.reuters.com/article/us-southkorea-bitcoin-law/south-korea-justice-ministry-prepares-to-ban-cryptocurrency-trading-exchanges-raided-idUSKBN1F00B7
Wow, big move by SK.
Bitcoin currently down 10+%
submitted by gaboonzoom to investing [link] [comments]

Need expert opinion from expert miners

Very newbie but learning from reading and youtube and reddit.
Myself and my friend considering doing mining in Western Canada. I just checked my electric bill where I get charge 0.0849000 /kWh.
So question is at this time of stage where Bitcoin hit quite high and also other currencies are going up as well is it still good choice to do mining?
If yes, what kind of hardware do you suggest and what should we mine. For short and long term? What we are expecting in term of revenue?
I heard some S9 miners is good option but pre order has delay but if buy over ebay will cost double. I see some say pay high and start mining but if ore order and order 2 i stead one to get asap will that be a good choise?
Or should build one ourself?
Any guidance will be appreciated
Thank you
submitted by Seithji to BitcoinMining [link] [comments]

Bitcoin Hashrate Stabilizing Near 35 Exahash/s After 29 Percent Drop in Mining Difficulty

Bitcoin Hashrate Stabilizing Near 35 Exahash/s After 29 Percent Drop in Mining Difficulty

https://preview.redd.it/v4fhelfwby521.png?width=690&format=png&auto=webp&s=51d0d741515616618e7a201e5376a8d8abf1682d
https://cryptoiq.co/bitcoin-hashrate-stabilizing-near-35-exahash-s-after-29-percent-drop-in-mining-difficulty/
Bitcoin’s hashrate had been rising exponentially from 2009 through mid-2018, increasing through the megahash (M/H), gigahash (G/H), terrahash (T/H), petahash (P/H), and exahash (E/H) ranges. The hashrate first exceeded 60 EH/s in August 2018, and then the exponential increase gave way to stabilization.
In September and October 2018, the hashrate remained stable, averaging above 50 EH/s, simultaneous with the price of Bitcoin being stable near $6,500. Then the price of Bitcoin plummeted starting in mid-November to as low as $3,100 in December. The hashrate of Bitcoin collapsed to 32 EH/s during this market crash, implicitly indicating 20-30 EH/s being forced offline due to a lack of profitability, which represents billions of dollars of equipment.
However, the collapse in hashrate may be coming to an end, at least for now, due to the price of Bitcoin rising back to the $4,000 level combined with a 29 percent decrease in mining difficulty.

https://preview.redd.it/fn5itizzby521.png?width=512&format=png&auto=webp&s=8b65208f22986a6c5409d40255a20e805354d121
As can be seen in the chart, Bitcoin’s hashrate appears to have stabilized in December, breaking the trend of constant decline.
There are two factors that are bringing about stabilization. First off, the price of Bitcoin has stopped decreasing and has risen back to where it was at the beginning of December near $4,000. A stable Bitcoin price is a necessary ingredient for a stable hashrate.
More importantly, the mining difficulty of Bitcoin has dropped from 7.184 trillion to 5.106 trillion, a 29 percent decline, which makes Bitcoin mining 29 percent more profitable per unit of hashrate. As long as price does not continue to fall Bitcoin will find an equilbrium hashrate since difficulty adjusts downwards as miners turn off their rigs. The point at which the difficulty stops adjusting downwards is the equilibrium point, a steady state where the existing hashrate can profitably mine or break even without the loss of further hashrate.
Currently ,Bitcoin’s hash rate is near 36 EH/s, which would yield a 2.6 percent increase in difficulty if the difficulty re-adjustment happened now. This suggests that the equilibrium level for Bitcoin’s hashrate, at least at the current Bitcoin price of $4,000, is right around the current hashrate.
That being said, the price of Bitcoin going up or down can rapidly change the situation. If Bitcoin retraces back towards $3,000, then the hashrate is likely to fall further, and if it rallies strongly then the rigs that were turned off would quickly be switched on again.
The fact that there are 20-30 EH/s of rigs shutoff makes the future a bit gloomy for Bitcoin miners, since increases in Bitcoin’s price will not lead to higher profits for miners until all of those rigs are switched back on.
There used to be a lag effect between Bitcoin’s price rise and the switching on of new rigs, which allowed miners to make bigger profits before difficulty adjusted upwards. Until the hashrate exceeds 60 EH/s, the time it takes to switch on the dormant rigs will be instant, whereas before miners had to wait weeks or months to order rigs and then switch them on. Based on the data, Bitcoin would probably have to be at $7,000 or higher before Bitcoin miners start seeing increased profit margins.
Looking at the broader picture though, it is certainly good news that the Bitcoin mining hashrate has stopped going down since this means Bitcoin will continue to be extremely secure and decentralized. A rapidly dwindling hashrate would make Bitcoin less secure and more centralized, two factors that would threaten Bitcoin’s reputation.
submitted by turtlecane to Bitcoin [link] [comments]

Crypterra Works, Not a scam (Invested over 6k)

If you're thinking about investing into cloud mining, the two frontrunners that you will likely hear first are Genesis Mining and Hashflare. Unfortunately for you, the investor, Genesis mining is currently out of many contracts and Hashflare has recently raised their pricing to $220 USD per TerraHash (1/TH). These recent developments in the fast changing world of Cryptocurrency cloud mining have left a void to be filled. Introducing the new guy...
Crypterra Cloud mining is a Hong Kong based cloud mining company founded in the Summer of 2017. They currently at the time of writing have only 113,000 investors using their cloud mining product. Why is this a good thing? Well, it's simple, they need more investors. To gain investors in a highly competitive cloud mining field dominated by a few key players, Crypterra has some highly attractive features:
Lowest Costing Cloud Mining Contract available anywhere 2-year contract length Low $10 Minimum Withdrawal No maintenance fee (limited time)
Just to compare, 1 TerraHash (1/TH) of mining power on Crypterra costs $128.00 USD The other guys in the cloud mining game for the same 1 TerraHash (1/TH) contract
Hashflare 220.00 USD Genesis Mining 179.00 USD
Crypterra is simply the better option right now, it is cheaper, you will get a faster return on investment, and it has little to no fees. Personally I bought two 30,000 G/h contracts for a total of 60 T/h of mining power. I also bought an 80 mg/s Ethereum contract to diversify a little bit. I have had no trouble withdrawing to my Coinbase wallet and am currently slated to receive a full return on investment (around $6000 total) in a mere 41 days.
Bitcoin and other cryptocurrency's are poised to set new highs in 2018, you don't want to miss the trend. Get in now before prices will inevitably be raised. If you have any questions at all, please feel free to private message me and I will assist as best as I can. All I ask is that if you chose to invest, sign up with my link below as it will help us both out.
https://crypterra.net/?code=CR10643
Also, current New Years sale has been extended until January 30. This will save you big money...use code XMAS30BTC for 30% off.
Good Luck, Enjoy the ride to financial freedom.
submitted by BryceBuysCrypto to Crypterra [link] [comments]

Crypterra Cloud Mining...The new guy on the block

If you're thinking about investing into cloud mining, the two frontrunners that you will likely hear first are Genesis Mining and Hashflare. Unfortunately for you, the investor, Genesis mining is currently out of many contracts and Hashflare has recently raised their pricing to $220 USD per TerraHash (1/TH). These recent developments in the fast changing world of Cryptocurrency cloud mining have left a void to be filled. Introducing the new guy...
Crypterra Cloud mining is a Hong Kong based cloud mining company founded in the Summer of 2017. They currently at the time of writing have only 113,000 investors using their cloud mining product. Why is this a good thing? Well, it's simple, they need more investors. To gain investors in a highly competitive cloud mining field dominated by a few key players, Crypterra has some highly attractive features:
Lowest Costing Cloud Mining Contract available anywhere
2-year contract length
Low $10 Minimum Withdrawal
No maintenance fee (limited time)
Just to compare, 1 TerraHash (1/TH) of mining power on Crypterra costs $128.00 USD
The other guys in the cloud mining game for the same 1 TerraHash (1/TH) contract
Hashflare 220.00 USD Genesis Mining 179.00 USD
Crypterra is simply the better option right now, it is cheaper, you will get a faster return on investment, and it has little to no fees.
Personally I bought two 30,000 G/h contracts for a total of 60 T/h of mining power. I also bought an 80 mg/s Ethereum contract to diversify a little bit. I have had no trouble withdrawing to my Coinbase wallet and am currently slated to receive a full return on investment (around $6000 total) in a mere 41 days. Bitcoin and other cryptocurrency's are poised to set new highs in 2018, you don't want to miss the trend. Get in now before prices will inevitably be raised. If you have any questions at all, please feel free to private message me and I will assist as best as I can. All I ask is that if you chose to invest, sign up with my link below as it will help us both out.
https://crypterra.net/?code=CR10643
Also, current New Years sale has been extended until January 30. This will save you big money...use code XMAS30BTC for 30% off.
Good Luck, Enjoy the ride to financial freedom.
submitted by BryceBuysCrypto to cexio [link] [comments]

Crypterra Cloud Mining...The new guy on the block

If you're thinking about investing into cloud mining, the two frontrunners that you will likely hear first are Genesis Mining and Hashflare. Unfortunately for you, the investor, Genesis mining is currently out of many contracts and Hashflare has recently raised their pricing to $220 USD per TerraHash (1/TH). These recent developments in the fast changing world of Cryptocurrency cloud mining have left a void to be filled. Introducing the new guy...
Crypterra Cloud mining is a Hong Kong based cloud mining company founded in the Summer of 2017. They currently at the time of writing have only 113,000 investors using their cloud mining product. Why is this a good thing? Well, it's simple, they need more investors. To gain investors in a highly competitive cloud mining field dominated by a few key players, Crypterra has some highly attractive features:
Lowest Costing Cloud Mining Contract available anywhere
2-year contract length
Low $10 Minimum Withdrawal
No maintenance fee (limited time)
Just to compare, 1 TerraHash (1/TH) of mining power on Crypterra costs $128.00 USD
The other guys in the cloud mining game for the same 1 TerraHash (1/TH) contract
Hashflare 220.00 USD Genesis Mining 179.00 USD
Crypterra is simply the better option right now, it is cheaper, you will get a faster return on investment, and it has little to no fees. Personally I bought two 30,000 G/h contracts for a total of 60 T/h of mining power. I also bought an 80 mg/s Ethereum contract to diversify a little bit. I have had no trouble withdrawing to my Coinbase wallet and am currently slated to receive a full return on investment (around $6000 total) in a mere 41 days.
Bitcoin and other cryptocurrency's are poised to set new highs in 2018, you don't want to miss the trend. Get in now before prices will inevitably be raised. If you have any questions at all, please feel free to private message me and I will assist as best as I can. All I ask is that if you chose to invest, sign up with my link below as it will help us both out.
https://crypterra.net/?code=CR10643
Also, current New Years sale has been extended until January 30. This will save you big money...use code XMAS30BTC for 30% off.
Good Luck, Enjoy the ride to financial freedom.
submitted by BryceBuysCrypto to Crypterra [link] [comments]

Crypterra Cloud Mining...The new guy on the block

If you're thinking about investing into cloud mining, the two frontrunners that you will likely hear first are Genesis Mining and Hashflare. Unfortunately for you, the investor, Genesis mining is currently out of many contracts and Hashflare has recently raised their pricing to $220 USD per TerraHash (1/TH). These recent developments in the fast changing world of Cryptocurrency cloud mining have left a void to be filled. Introducing the new guy...
Crypterra Cloud mining is a Hong Kong based cloud mining company founded in the Summer of 2017. They currently at the time of writing have only 113,000 investors using their cloud mining product. Why is this a good thing? Well, it's simple, they need more investors. To gain investors in a highly competitive cloud mining field dominated by a few key players, Crypterra has some highly attractive features:
Lowest Costing Cloud Mining Contract available anywhere 2-year contract length Low $10 Minimum Withdrawal No maintenance fee (limited time)
Just to compare, 1 TerraHash (1/TH) of mining power on Crypterra costs $128.00 USD
The other guys in the cloud mining game for the same 1 TerraHash (1/TH) contract
Hashflare 220.00 USD Genesis Mining 179.00 USD
Crypterra is simply the better option right now, it is cheaper, you will get a faster return on investment, and it has little to no fees. Personally I bought two 30,000 G/h contracts for a total of 60 T/h of mining power. I also bought an 80 mg/s Ethereum contract to diversify a little bit. I have had no trouble withdrawing to my Coinbase wallet and am currently slated to receive a full return on investment (around $6000 total) in a mere 41 days.
Bitcoin and other cryptocurrency's are poised to set new highs in 2018, you don't want to miss the trend. Get in now before prices will inevitably be raised. If you have any questions at all, please feel free to private message me and I will assist as best as I can. All I ask is that if you chose to invest, sign up with my link below as it will help us both out.
https://crypterra.net/?code=CR10643
Also, current New Years sale has been extended until January 30. This will save you big money...use code XMAS30BTC for 30% off.
Good Luck, Enjoy the ride to financial freedom.
submitted by BryceBuysCrypto to icocrypto [link] [comments]

Primecoin and Dark Wallet

With Bitcoin now increasingly coming in the regulatory focus (Senate hearing next week & Bitcoin Foundation's push for coin validation), it is the right time for Primecoin to take the lead and provide and alternative that ensures privacy, fungibility and network decentralization.
I've seen Cody Wilson's Dark Wallet video and was surprised that Vitalik Buterin is among the developer team. For those that don't know him, Vitalik writes for Bitcoinmagazine, but is also an active Primecoin supporter and Sunny King interviewer. He even once said that if Bitcoin and Primecoin had been released on the same date, Primecoin probably would be the top cryptocurrency by now.
Primecoin already has many advantages: Smoother difficulty adjustment, faster confirmation and self-adjusting block reward, just to name a few. However, the killer argument should be that it is the most ASIC-hostile algo there is right now, even more than Scrypt. Only CPU and (maybe) GPU mining is available for time being and building and ASIC for primes will be an extremely difficult/expensive task. I believe that this is a key element in ensuring network decentralization, considering that the second generation ASICs in the Terrahash range will hit the market soon -- further centralizing network control in the hands of a few.
My plea to Vitalik and the other Dark Wallet devs is to allow for altcoin integration from the beginning. If we move fast and release a Primecoin Dark Wallet right after the official launch, I believe we are on the right track to become the 2nd or 3rd biggest coin.
PRIVACY, FUNGIBILITY, DECENTRALIZATION. Please support! On that note, for a mere 50 dollar contribution we can get access to alpha and beta testing. Donate more and maybe Primecoin support can be built-in, who knows..
Here the link to the Dark Wallet project: http://www.indiegogo.com/projects/bitcoin-dark-wallet
submitted by Sebsebzen to primecoin [link] [comments]

Terrahash shipping in 2 weeks..*

*ONCE they receive the chips from avalon.
haha "shipping in 2 weeks" - is the meme of the bitcoin mining community.
im looking forward to recieving my terrahash, cant wait!. (1 x k16).
be interested to see some new products too with bitfury chips.
submitted by psyberwolf1100 to BitcoinMining [link] [comments]

Some updates on what's been happening.

Well guys, the past few days have been incredible eventful in the Bitcoin community. This is my observations over the past few days.
Firstly, Bitcoins reached an all time high(for the year) of $25, this was extremely impressive as it has taken its time to get to this stage. Then there was everyone speculating that it wouldn't go any higher than this amount, however, the next day again it broke records going up to a staggering $26. I feel personally, that this is great news for the Bitcoin community as it shows that it is becoming more and more popular.
Next was the Coinbase fiasco, this has been happening lately where there has been customers that have wanted to buy Bitcoins, however Coinbase has been lacking them and have reached their limit. I also feel that this is somewhat welcomed as it shows that the demand for Bitcoins is there, however it has become quite a problem for those wishing to purchase Bitcoins.
Furthermore it has been noted that there has been a rapid increase in the number of users on /Bitcoin now, it has went from the occasional 100-150 people right up to a whopping 300 users online right now. That would further reiterate how Bitcoins are becoming more and more popular by the day.
Lastly was the terrahasher, this has been a big story today of the anonymous user who has come onto BTC Guild mining pool and has been pulling over 1 TH/s which is astounding! Some have gone as far to speculate that this is the ASIC in motion, however some people still aren't satisfied that ASIC even exist as there is little to no relevant evidence to show that they do other than a few poorly created videos.
That's just my overview, you guys can inform me on anything else in the comments.
Thanks - Matt.
submitted by matthew_boyd to Bitcoin [link] [comments]

Helpful Bitcoin Links Please Donate

I'm looking to raise some money to develop a advanced Bitcoin shopping cart system. I'm trying to raise some money so I've compiled a list of helpful links for those of you who use or plan on using Bitcoins. Please donate to my Bitcoin address if you find this list helpful and to help the development of my projects
Bitcoin address 18e2MbUAbH7jNpYtY9Qt2WFUZpagCCEaVs
  1. http://bitcoin.org/en/ -The basic website for bitcoin
  2. http://en.wikipedia.org/wiki/Bitcoin -Information for people that know little to nothing about btc
  3. http://blockchain.info/ -Best website to track down transactions
  4. https://mtgox.com/‎ -Trusted with btc transactions, gives good current value of the coin but don't recommend depositing USD to buy coin from them
  5. https://btc-e.com/ DO NOT RECOMMEND USD DEPOSITS. Great for foreigners that can do deposits because bitcoin is always 15-17 dollars cheaper so you can buy there and sell on mtgox
  6. https://bitcoinfoundation.org/‎ -Brings some good news and promote btc
  7. https://www.bitmit.net -The ebay for bitcoins. Buy and sell items for bitcoins
  8. http://www.coindesk.com/ -One of my all time favorite websites. Has everything possible that you need to know about btc and constantly updates information
  9. http://raisebitcoins.com/ -Raise bitcoins for different causes
  10. https://bitcointalk.org/- Obviously
  11. https://coinbase.com/- Good to buy/sell, and run your business with
  12. http://brainwallet.org/- If you have large amount of coins and don't plan on spending them anytime soon then store them in custom wallets
  13. http://www.coinwarz.com/- Good mining profit calc for sha and scrypt
  14. http://bitcoinnews.com/- Has the news but updates late sometimes, and not organized
  15. http://thedailybitcoin.com/- Interesting articles everyday
  16. https://bitminter.com/- simplest way to mine btc. fast and reliable
  17. http://thegenesisblock.com/ -Good information but just another coindesk.com in my opinion
Best websites to purchase mining hardware
  1. http://wtcr.ca/ -Number one because the ship almost instantly. Rates do tend to me a lot more but you know for sure you are getting what you ordered in a week and a half of less. No BS preordering and mess
  2. http://cointerra.com/ -2th miner for 14k. Best deal, has the most reputable staff, and is more for the customers then themselves
  3. http://www.bitfurystrikesback.com/ -somewhat new the game but already shipping and producing! Definitely one of the best mining companies in the game (us buyers can now purchase off of their website now to or their resellers website at https://megabigpower.com/shop/ )
  4. https://www.kncminer.com/ -400 gh miner, yet to ship, but seems reliable
  5. http://launch.avalon-asics.com/ -Can't buy anything, beat butterfly labs, but is becoming less and less dependable by the day
  6. https://terrahash.com/- waiting on avalon chips, could turn out to be a good company but companies that can develop chips on their own such as cointerra are your best bet
  7. http://virtualminingcorp.com/shop1/ -Trying to catch up in the asic miner game, could possibly be a reliable company in the near future
Best Web Sites To Spend Your Bitcoins
  1. http://www.coingig.com
  2. The Ebay of Bitcoin https://www.bitmit.net
  3. http://www.bitcoinclassifieds.ne
  4. https://cryptothrift.com
Desktop Bitcoin Wallet
  1. multibit.org Compatible with both Mac and PC
Mining Pools For BitCoin
https://bitcointalk.org/index.php?topic=104664.0
Open Source Shopping Cart Scripts Wordpress Scripts
For digital Content
http://bitmonet.com
For Digital Downloads
http://wordpress.org/plugins/easy-digital-downloads
Please donate if you appreciate this list it will go to a advanced shopping cart system to further expand the growth of Bitcoin
Donate address Bitcoin address 18e2MbUAbH7jNpYtY9Qt2WFUZpagCCEaVs
submitted by A1nerd to Bitcoin [link] [comments]

REGISTER MINING CITY MINE BITCOIN VAULT (BTCV) COINBASE ... Hashflare Bitcoin Mining I Hashflare TeraHash Update bitcoin mining basics. hardware required and best software for mining..  hindi Swiss Gold Global - New TerraHash Target (and WHY) Bitcoin the 100 TeraHash Milestone

Terrahash.com Website Analysis (Review) Terrahash.com has 818 daily visitors and has the potential to earn up to 98 USD per month by showing ads. See traffic statistics for more information.. Hosted on IP address 108.171.177.173 in San Antonio, United States. You can find similar websites and websites using the same design template.. Terrahash.com has an estimated worth of 3,533 USD. CoinTerra Ships First Terahash Bitcoin Mining Rig. Jan 28, 2014 at 22:42 UTC Updated Mar 19, 2015 at 13:16 UTC. Nermin Hajdarbegovic. CoinTerra Ships First Terahash Bitcoin Mining Rig. CoinTerra ... ASIC mining firm TerraHash is taking preorders on its site to fund more chip purchases from Avalon. The firm lost its biggest contract earlier this month. Bitcoin Mining Hardware Guide The best Bitcoin mining hardware has evolved dramatically since 2009. At first, miners used their central processing unit (CPU) to mine, but soon this wasn't fast enough and it bogged down the system resources of the host computer. Miners quickly moved on to using the graphical processing unit (GPU) in computer graphics cards because they were able to hash data 50 ... Bitcoin mining is done by private computers. The role of miners is to secure the network and process each Bitcoin. Miners do this by solving a calculation problem that allows them to assemble the transaction blocks (hence bitcoin's famous blockchain). Miners for this service are rewarded with newly created Bitcoins and transaction fees. CONTACT US 51 E Campbell Ave Campbell CA 95008 United ...

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