I have 2 6 rx580 mining rigs. I also have about 4M Bitbeans on a dedicated "Bean Machine"
Initial investment in Bitbean: about 2000$ (April last year)
Initial investment in rigs: about 6000$
I use my mining payouts to buy Beans: 4000-5000 Beans each week worth.
I sprout 40,000-60,000 Beans each week.
Why isn't everyone doing this?
I've never heard of it. Can you inbox me details on how to get started? Thanks
Its pretty easy. I bought my first beans on POSW but you can buy some on Bittrex or Bleutrade.
Download the wallet on
www.bitbean.org/downloads if on windows its version 1.1.2.2rc
After download it needs to synchronize with the network, this can take a few days unless you can get a snapshot from someone.
after its fully synchronized transfer Beans from exchange wallet to your PC and let them sit. depending on how many you buy it can help if you send them in the amount of blocks that would optimize sprouting. Example: you have 100k beans, send ten 10,000 Bean blocks, if a million then ten 100k blocks. You can also adjust this in Bean control.
We have a community chat on matter most, PM your email and I can invite you.
I'd previously been curious about BitBean / Bean Cash before I started mining. Might take a gander at it now that you say they can be bought on POSW just to see what it can do. Didn't realize that. Can I buy them with POSW or did you still buy them with BTC? Any feedback would be appreciated. I don't see how I can do this in my POSWallet.