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Showing 20 of 31 results by JanNettFoster
Bro don't stake your money with Waterfall; firstly it's a new token in market and it looks high volatile coin, i mean it can 50% dump in a day, don't invest in such unstable coin, and big scary thing is it's just now listed on gate.io exchange, i think other all exchanges delist it, so if gate.io will also delist it, then what about your 100% APR?
Hey! If you don’t really understand staking in general, it’s definitely better not to stake anything (not just "waterfall network"). But if we’re talking about someone who can dive deep and grasp the fundamentals of a project, then what’s the problem?Running a Bitcoin node gives you control and privacy by verifying transactions yourself, without relying on third parties. Paired with Waterfall Network (https://waterfall.network/use-waterfall/stake-water), you can enhance functionality and access staking rewards, all while supporting decentralized infrastructure.
The easiest way to run a node is via infrastructure provider or rent a server. I'm not sure it's possible to do with BTC staking, but I do that with Waterfall Network https://waterfall.network/use-waterfall/stake-water
I pay infrastructure provider 10% from my rewards but I don't worry about whether my PC is working or not, stable connection etc. I know users can also rent a server to run more nodes
I pay infrastructure provider 10% from my rewards but I don't worry about whether my PC is working or not, stable connection etc. I know users can also rent a server to run more nodes
I know many coins out there, you could stake and get interest on it. The issue is if you buy that coin and say the coin drops in price, even if you earn money from staking, the price of the coin dropping means you would lose money. It seems the only safe staking is coinbase with usdc where you get 5% correct? However, is that still not safe like how gemini use to offer like 7% or more on their gusd?
On ledger live, it seems to show how certain coins you could earn interest in it like tezos which is 9%. ETH is like 3%. There are several other coins which is under 10%. Those are with 3rd party right? Are those safe?
Now if someone is going to hold an altcoin and can stake it, is there any reason not to stake it? This is assuming you already bought that altcoin a while back and don't plan to sell it. Staking altcoins isn't similar to like how people staked with nexo and celsius a while back or it's the same?
I'd recommend you to check new projects like this one https://waterfall.network/individuals#statistics_block On ledger live, it seems to show how certain coins you could earn interest in it like tezos which is 9%. ETH is like 3%. There are several other coins which is under 10%. Those are with 3rd party right? Are those safe?
Now if someone is going to hold an altcoin and can stake it, is there any reason not to stake it? This is assuming you already bought that altcoin a while back and don't plan to sell it. Staking altcoins isn't similar to like how people staked with nexo and celsius a while back or it's the same?
Currently, they are offering 125% APR which is quite appealing
August 2024 proved to be one of the toughest months for Bitcoin miners in recent history. According to QGame, the sector saw a sharp decline in earnings, with a $99.75 million reduction in revenue and a $4.14 million drop in on-chain fees. These numbers mark the lowest point for Bitcoin mining earnings since September 2023. This downturn highlights the persistent challenges faced by miners and raises important questions about the future of crypto mining as market conditions continue to fluctuate.
https://x.com/Qgame2024/status/1830455708170731704
#Bitcoin #CryptoMining #MiningRevenue #CryptoMarket
Is BTC mining profitable? Is mining actually profitable nowadays? I thought everyone switched to staking, the APR is higher there and more chances to earn https://x.com/Qgame2024/status/1830455708170731704
#Bitcoin #CryptoMining #MiningRevenue #CryptoMarket
Re: [ANN] Waterfall Network - the most decentralized BlockDAG protocol currently ava
At our AMA session with InfStones, Jeff McDonald, Community Strategist for Waterfall, highlighted how easy it is to run a node on Waterfall. His insights make it clear that anyone can get involved in the decentralized economy.
https://t.me/waterfall_network/20286
https://t.me/waterfall_network/20286
Hello everyone! Since mining isn’t that popular anymore I’m curious is BTC mining still profitable?
I’ve really many equipment since I was mining ETH back in 2021 but when it changed from PoW to PoS I’m not sure about its profitability..I mean only 3% APR and much more money to invest now. So, do you recommend to stick to BTC mining or switch to staking? I saw crazy APRs like 150% but not sure about it
I dropped mining bc it stopped being profitable for me. I earned, and then paid my bills, with 0% profit in the end. I didn't see 150% APR but I saw about 100-120% in one pos project Waterfall Network. Check them out, maybe it'll be helpful for youThis is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this...
I've been searching for an opportunity that will enable me to earn extra income to keep me afloat in anticipation of the bull run, but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc. I'm more conservative with finances, so I would appreciate any suggestions on a passive income offer or product with low risk. Preferably, my capital would be protected, and the potential for growth would work well for me.
try https://structure.finance/dnt-landing/ . You won't regretI've been searching for an opportunity that will enable me to earn extra income to keep me afloat in anticipation of the bull run, but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc. I'm more conservative with finances, so I would appreciate any suggestions on a passive income offer or product with low risk. Preferably, my capital would be protected, and the potential for growth would work well for me.
At least 4 of the last 5-minute candles were a good moment to try your product, but I missed the opportunity 
. I will try again in the next hour. Thanks!
P.s Is it true that I can start with only $1?
. I will try again in the next hour. Thanks! P.s Is it true that I can start with only $1?
Every person who lives with cryptos know that cryptocurrencies will dump in 2023 and in 2024 we will more grow...
so in this topic, we discuss which coin is better to buy for more gains about 10X to 1000X!
my idea :
1- ETH---10X
2- ADA---20X
3- MATIC---10X
4-SHIBA--100X
5-NEAR---50X
6-DOT--20X
what's your idea?
Definitely recommend meme coins as a short-term investmentso in this topic, we discuss which coin is better to buy for more gains about 10X to 1000X!
my idea :
1- ETH---10X
2- ADA---20X
3- MATIC---10X
4-SHIBA--100X
5-NEAR---50X
6-DOT--20X
what's your idea?
USB mining is generally not considered profitable for cryptocurrency mining. USB miners are typically devices with very low processing power and energy efficiency, making them ill-suited for the high computational demands of most cryptocurrencies like Bitcoin.
Bitcoin and many other popular cryptocurrencies are mined using specialized hardware known as ASICs (Application-Specific Integrated Circuits), which are designed specifically for the purpose of mining. These ASICs are much more powerful and efficient compared to USB miners or even regular GPUs (Graphics Processing Units) used in gaming computers.
USB miners were more relevant during the early days of cryptocurrency mining when the network difficulty and computational requirements were lower. However, as cryptocurrencies gained popularity and the networks became more secure, the mining difficulty increased significantly, making it extremely difficult for low-power devices like USB miners to compete and generate a meaningful amount of cryptocurrency.
Bitcoin and many other popular cryptocurrencies are mined using specialized hardware known as ASICs (Application-Specific Integrated Circuits), which are designed specifically for the purpose of mining. These ASICs are much more powerful and efficient compared to USB miners or even regular GPUs (Graphics Processing Units) used in gaming computers.
USB miners were more relevant during the early days of cryptocurrency mining when the network difficulty and computational requirements were lower. However, as cryptocurrencies gained popularity and the networks became more secure, the mining difficulty increased significantly, making it extremely difficult for low-power devices like USB miners to compete and generate a meaningful amount of cryptocurrency.
Staking would be great but it will never stay passive in the future. Know that there are actually no passive income that will stay that way forever. Everything should be done with more time and efforts so that you will mold it into an active income, and not that it’s only going to give you profits without putting any work on it. That could be the reason why instead of looking for a passive income which I think is still unreliable, go look for an active income instead. That way, you will know that you’ll be generating profits soon because you have seen how much efforts you have put into it just to see it working and become successful.
I saw there' re products where you predict btc price for next 5 min and double your investment. Do you think it's a trick?Stop following crypto influencers, those of you who like using YouTube videos to pick coins and tokens to invest in you need to hear this, those crypto influencers on YouTube are getting paid to promote those projects they are chilling, why would they promise you 2x or 5x when they aren't part of the team themselves? They did this because that's how they make their own money. He who have hears let him hear.
Some of them are paid, some of them just hype on the popular coins. So yes, I'm totally agree with youThe entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.
Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.
Well, it's usual thing. There are bear market and a bull market. If you expect investing in crypto, and receive a significant return tomorrow, I'm going to disappoint you, it doesn't work like that. Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.
Buy when the price is low and wait
Bank investors have more certainty because there capital is completely safe but they give 8-10% annual profits to the investors of per year. But it is comparatively less in terms of profits.
On the other hand you will get constant profits from crypto as if you are experienced in trading then daily profits is possible. Otherwise you can get profits by investing. However crypto investment puts your capital at greater risk (main point).
Ah, you will never guess. Crypto is volatile and requires more risk, banks can bankrupt On the other hand you will get constant profits from crypto as if you are experienced in trading then daily profits is possible. Otherwise you can get profits by investing. However crypto investment puts your capital at greater risk (main point).
if you want to invest money, forget about them and get yields, then better banks or lending platforms, if you are ready to take some risk, then choose trading
Bitcoin (BTC) and Bitcoin Cash (BCH) are two separate cryptocurrencies that originated from a common blockchain, Bitcoin (BTC). They have different features and goals, which led to their divergence. Here are the main differences between Bitcoin and Bitcoin Cash:
Block Size Limit:
Bitcoin (BTC): Bitcoin has a small block size limit of 1 MB, which was implemented to maintain decentralization and security but limits the number of transactions processed per block.
Bitcoin Cash (BCH): Bitcoin Cash was created with a larger block size of 8 MB (and later increased even further) to allow more transactions to be processed in each block, aiming to improve scalability and speed.
Transaction Fees and Speed:
Bitcoin (BTC): The limited block size in Bitcoin can lead to congestion during times of high demand, resulting in higher transaction fees and slower confirmation times.
Bitcoin Cash (BCH): With its larger block size, Bitcoin Cash aims to offer lower transaction fees and faster confirmation times, making it more suitable for everyday transactions.
Development and Community:
Bitcoin (BTC): Bitcoin has a larger and more established development community, as well as a longer history. It is often considered the original and most recognized cryptocurrency.
Bitcoin Cash (BCH): Bitcoin Cash emerged as a result of a hard fork from the original Bitcoin blockchain in 2017. Its community places more emphasis on using cryptocurrency as a medium of exchange rather than just a store of value.
Philosophy and Use Cases:
Bitcoin (BTC): Bitcoin is often seen as "digital gold" and a store of value, emphasizing security, decentralization, and resistance to censorship. It aims to be a hedge against traditional financial systems.
Bitcoin Cash (BCH): Bitcoin Cash focuses on being a peer-to-peer electronic cash system, aiming to facilitate everyday transactions with low fees and fast confirmations. It aims to be a more practical means of payment.
Market Capitalization and Adoption:
Bitcoin (BTC): Bitcoin has the highest market capitalization and is the most widely recognized and adopted cryptocurrency. It is often considered the standard in the cryptocurrency space.
Bitcoin Cash (BCH): While Bitcoin Cash has a lower market capitalization compared to Bitcoin, it still has its own user base and is accepted by some merchants and services.
Block Size Limit:
Bitcoin (BTC): Bitcoin has a small block size limit of 1 MB, which was implemented to maintain decentralization and security but limits the number of transactions processed per block.
Bitcoin Cash (BCH): Bitcoin Cash was created with a larger block size of 8 MB (and later increased even further) to allow more transactions to be processed in each block, aiming to improve scalability and speed.
Transaction Fees and Speed:
Bitcoin (BTC): The limited block size in Bitcoin can lead to congestion during times of high demand, resulting in higher transaction fees and slower confirmation times.
Bitcoin Cash (BCH): With its larger block size, Bitcoin Cash aims to offer lower transaction fees and faster confirmation times, making it more suitable for everyday transactions.
Development and Community:
Bitcoin (BTC): Bitcoin has a larger and more established development community, as well as a longer history. It is often considered the original and most recognized cryptocurrency.
Bitcoin Cash (BCH): Bitcoin Cash emerged as a result of a hard fork from the original Bitcoin blockchain in 2017. Its community places more emphasis on using cryptocurrency as a medium of exchange rather than just a store of value.
Philosophy and Use Cases:
Bitcoin (BTC): Bitcoin is often seen as "digital gold" and a store of value, emphasizing security, decentralization, and resistance to censorship. It aims to be a hedge against traditional financial systems.
Bitcoin Cash (BCH): Bitcoin Cash focuses on being a peer-to-peer electronic cash system, aiming to facilitate everyday transactions with low fees and fast confirmations. It aims to be a more practical means of payment.
Market Capitalization and Adoption:
Bitcoin (BTC): Bitcoin has the highest market capitalization and is the most widely recognized and adopted cryptocurrency. It is often considered the standard in the cryptocurrency space.
Bitcoin Cash (BCH): While Bitcoin Cash has a lower market capitalization compared to Bitcoin, it still has its own user base and is accepted by some merchants and services.
Re: How much should I invest in cryptocurrency as a beginner
I find this question as most frequently asked question from newbies in the Cryptocurrency space. So I thought I should share few tips that can guide the decision making.
There are a few lessons that could help you decide these easier.
1. Educate yourself: Learn about the cryptocurrency market. Read articles, watch videos, and attend seminars to understand the basics of investing.
2. Set investment goals: Determine your investment goals. Ask yourself why you are investing and what you hope to achieve from your investment.
3. Evaluate your financial situation: Evaluate your current financial situation, including your income, expenses, debts, and savings. Determine how much you can invest without affecting your other financial obligations.
4. Understand the risks: Understand that every investment comes with risks. It is crucial to know the risks involved with cryptocurrency before investing.
5. Research the company or cryptocurrency: Conduct thorough research on the cryptocurrency you want to invest in. Look at the chart history, team, use case and future plan.
6. Diversify your portfolio: Diversify your investments to spread out the risks. Spread your money across multiple cryptocurrencies, rather than investing in just one.
7. Start small: Start with a small investment and grow your investment over time. Do not invest all your money at once.
8. Be patient: Investing in cryptocurrency can be a long-term process. Be patient, and do not panic if the value of your investment fluctuates.
9. Monitor regularly: Monitoring your investment regularly will help you make informed decisions and adjust your investment strategy when necessary.
Feel free to add some advice and if possible experiences.
There are a few lessons that could help you decide these easier.
1. Educate yourself: Learn about the cryptocurrency market. Read articles, watch videos, and attend seminars to understand the basics of investing.
2. Set investment goals: Determine your investment goals. Ask yourself why you are investing and what you hope to achieve from your investment.
3. Evaluate your financial situation: Evaluate your current financial situation, including your income, expenses, debts, and savings. Determine how much you can invest without affecting your other financial obligations.
4. Understand the risks: Understand that every investment comes with risks. It is crucial to know the risks involved with cryptocurrency before investing.
5. Research the company or cryptocurrency: Conduct thorough research on the cryptocurrency you want to invest in. Look at the chart history, team, use case and future plan.
6. Diversify your portfolio: Diversify your investments to spread out the risks. Spread your money across multiple cryptocurrencies, rather than investing in just one.
7. Start small: Start with a small investment and grow your investment over time. Do not invest all your money at once.
8. Be patient: Investing in cryptocurrency can be a long-term process. Be patient, and do not panic if the value of your investment fluctuates.
9. Monitor regularly: Monitoring your investment regularly will help you make informed decisions and adjust your investment strategy when necessary.
Feel free to add some advice and if possible experiences.
The most outstanding things I understood are:
1. Invest only what you are ready to lose
2. But when market is bearish and wait
3. Diversify your portfolio
Hey guys! Hope you to share your experience and thoughts
Since ETH switched to PoS on September 15th, 2022 mining ended for me, there's no coins to mine and to earn. But I still have equipment (however, its price dropped in a half), so I'm curious - are there any crypto you can still mine and get income?
Since ETH switched to PoS on September 15th, 2022 mining ended for me, there's no coins to mine and to earn. But I still have equipment (however, its price dropped in a half), so I'm curious - are there any crypto you can still mine and get income?