How can one get into mining bitcoin, is it necessary for a beginner?.

Are you willing to share how to earn through bounty?
Though it means more participants means less shared tokens.

Hey guys
actually i am preparing my first small mining rig but my budget is kinda low..
soo i need suggestion on which gpu i should buy. i am from india so online prices are ridiculously high
the best prices i can get from local market is

nvidia gtx 1080ti 11gb - $1191
nvidia gtx 1070 8gb - $641
nvidia gtx 1060 3gb - $290
nvidia gtx 1050ti - $213
nvidia gtx 1050 2gb - $152

amd rx 580 8gb - $412
amd rx 570 4gb - $400

My max budget is $2100 for gpu

what will be your pick in this budget with these prices for maximum profit and future proof ?
Well electricity cost here is $0.07 kWh

Hi, I need to ask questions about mining in vps.
what would be more functional? some idea of efficient resolution? I have accompanied a lot of story told but nothing concrete I am learning about mining but I did not find any good channel that detailed for beginners laguem with channel to indicate? thank you

Hello guys,

I'm fairly new to the whole mining topic (yeah, I missed the train and stuff like that but I started mostly because of interest. I do it on my PC ;-) ).

I got the Claymore Dual Miner Up and Running with my Eth Wallet and everything seems to be fine.

So now I wondered about the Dual Mining feature.
I struggle setting this up. What I did:

• Created a wallet at https://wallet.decred.org
• Got a decred wallet address
• Searched for a decred pool
• Modified the start batch file for Claymore Miner

So the batch now looks like this:

Claymore starts up with
ETH: Authorized
Setting DAG epoch #xx...
DCR: Stratum connecting to ...
DCR: Stratum - Connected
DCR: Authorization failed
: (null)

Can someone help me to clarify what this means? All shares from DCR will be rejected.

Thanks in advance,
Zuop

Do you think so?

I certainly do. Not a matter of if, but when...

Here's the case:

1. Have bank runs happened in the past?
YES! Many many many times. Runs on the banks have happened since banks existed. Here are a few links to show you the proof:

-https://en.wikipedia.org/wiki/List_of_bank_runs
-https://en.wikipedia.org/wiki/List_of_banking_crises#21st_century

2. Are Governments scared of crypto? Could Crypto replace the dollar and fiat currencies?
YES! They are shaking in their boots because they know the end of Fiat is near. Governments are now running all directions trying to figure out what to do with crypto. Russian, Venezuela, and other governments are starting to create their own cryptocurrencies to coax the public to adopting them. India, pakistan, china and others are trying to ban crypto all together... but know their efforts will be futile. Europe, US and other nations are trying to 'embrace' cryptocurrency, because they know that it's inevitable that they adapt their business model or perish.

The dollar's days are numbered and will soon be replaced as the world's reserve currency. There is FINALLY an alternative to the dollar and the world knows this.

The truth is that cryptos WILL replace fiat currency. This will cause the price of crypto to skyrocket and the dollar to hyperinflate. The dollar will hyper inflate to crypto and many will wake up only to find out that their dollars are worthless.... because it will not require such a large amount of fiat to purchase any cryptocurrency of value (think if bitcoin in fact did go up to $100K).

Here is some proof for your reading pleasure:
-https://www.google.com/search?q=us+government+cryptocurrency&oq=us+government+crypto&aqs=chrome.0.0j69i57j0l4.4120j0j7&sourceid=chrome&ie=UTF-8
-https://www.google.com/search?ei=-VnWWsDaGoqq8APUzZuQCw&q=us+dollar+collapse+crypto&oq=us+dollar+collapse+crypto&gs_l=psy-ab.3...8052.9348.0.9526.9.9.0.0.0.0.100.790.8j1.9.0....0...1c.1.64.psy-ab..0.2.172...0i13k1.0.rkAR1-JYReQ
-https://www.google.com/search?q=dollar+hyperinflation+crypto&oq=dollar+hyperinflation+crypto&aqs=chrome..69i57.8042j0j7&sourceid=chrome&ie=UTF-8


3. What does the IMF and Big Banks Say about Crypto? Is the financial world worried about crypto?
YES! They are all very worried because their business models are all being threatened. The IMF has now come out multiple times saying that that crypto could disrupt business models, and will present challenges for banks  and central banks. They know fiat's days are numbered.

Today the IMF chief Christine Lagarde said this:

"Moreover, banks and other financial institutions will face challenges to their business models, should there be a large-scale shift away from government-issued currencies toward crypto-assets. Regulators might find it harder to ensure the stability of a more diffuse and decentralized financial system. Central banks might have more trouble acting as the lender of last resort in case of a crisis."

Here are a few more things the IMF has said about crypto: https://www.google.com/search?q=imf+crypto&oq=imf+crypto&aqs=chrome..69i57j0j69i60j0l3.1565j0j7&sourceid=chrome&ie=UTF-8


What does Bank of America and Chase Bank have to say about this? Well take a gander below....

-https://www.google.com/search?q=banks+crypto&oq=banks+crypto&aqs=chrome..69i57j0l5.5934j1j7&sourceid=chrome&ie=UTF-8
-https://www.google.com/search?q=bank+of+america+crypto&oq=bank+of+america+crypto&aqs=chrome..69i57j0l5.7669j0j7&sourceid=chrome&ie=UTF-8

They have repeatedly said that crypto is a threat to their business and that they need to adapt or die. They see the writing on the wall. They have also tried to claim bitcoin is a fraud/scam because they are scared of it.


What about Goldman Sachs?
They are trying to actual embrace and enter the market because they know that the revolution is coming. They have now started acquiring crypto-related companies such as Poloniex (crypto exchange) and Circle (app to text people cryptocurrency via phone). They have also stated that crypto is a threat to their business. See the proof below...

-https://www.google.com/search?q=goldman+sachs+crypto&oq=goldman+sachs+crypto&aqs=chrome..69i57j0l5.3560j0j7&sourceid=chrome&ie=UTF-8
-https://coincentral.com/goldman-sachs-funded-circle-purchases-poloniex-400mln-buyout/
-https://www.reuters.com/article/us-crypto-currencies-circle/goldman-backed-startup-circle-buys-major-crypto-exchange-poloniex-idUSKCN1GA1N4


4. So Where Does That Leave Us?
Well... we all need to embrace and transition to crypto from fiat. The sooner you do this, the better for you.

The writing is on the wall. This will happen.

There will be a digital run on the banks.

People will convert fiat to crypto at an alarming rate as this rocket ship takes off. This will cause hyperinflation of fiat currencies around the world... which will only accelerate the adoption of crypto and push the prices higher.

If you're reading this... you are doing something right.... welcome to the club.

Many of the 'new rich' and 'future elite' are amongst us. Place nice and help others understand what is going on.

Cheers!
Crypto Camacho

Cryptocurrencies ended 2017 on a high; as more people put money in them, exchanges sprung up all over the world and new cryptocurrency-based products were developed. However, several high-profile crypto exchange hacks, as well as cases of illicit financial flows and businesses, are using cryptos as the medium of exchange; thus, they have put the market under increased scrutiny as 2018 kicks into gear.

Now, some of the cryptocurrencies have pulled back from their all-time highs; thus, the issue of cryptocurrency regulation is on the front burner. Industry stakeholders and governments struggle to find common ground on the way forward.

Keep Reading:
https://www.tokens24.com/cryptopedia/basics/global-cryptocurrency-regulations-2018

When you think of coding money, you often think of Bitcoin. But now, Bitcoin seems to have become "outdated" and the following altcoin threaten Bitcoin's market dominance in the future. Here I am talking about the Nano(XRB). Nano can handle 7,000 transactions per second and this rate can increase over time and can even compete with Visa.  The secret behind this is the block network architecture, which allows transactions to be processed extremely rapidly. This transaction speed allowed the Nano to become a potential co-dominant market for Bitcoin's pre-encoding market.
What do you think about XRB?

After The Pump Of Yesterday This Is 3 Reasons Why Bitcoin Is Going Up !
 
#1  Yahoo Japan to buy miniority stake in cryptocurrency exchange :


Yahoo! Japan Corporation (TYO: 4689) announced on Friday that it is entering the cryptocurrency space. The company expects to launch an “easy-to-use exchange” for cryptocurrencies in the fall of this year, Nikkei elaborated.
Founded in January 1996 as a joint venture between Yahoo! and Japanese multinational conglomerate Softbank, Yahoo! Japan continues to dominate the Japanese internet industry while Yahoo! has been declining in popularity since the late 2000s.


#2 Islamic Scholar Says Bitcoin is Compliant With Sharia Law as Price Surges :
A recent declaration by an Islamic scholar that Bitcoin is compliant with Sharia law could be the cause behind today’s $1000 price surge, opening the market to Muslim investors who were previously unsure if the cryptocurrency qualified as money under the strict definitions outlined by scholars.
Muslims account for 23% of the world’s population, with 1.6 billion Muslims throughout the world, mostly in Asia Pacific nations like India and Indonesia. Sharia Law, or Islamic Canonical Law, prohibits the practice of lending money at high-interest rates, known as usury. Debate has raged since the popularity of Bitcoin in the Islamic Scholar community as to whether Bitcoin trading was a form of usury due to the volatility and huge profit and loss margins.

Read More In This Article http://worldofchd.com/2018/04/3-reasons-why-bitcoin-is-going-up/

Bitcoin provides an inescapable database for the age of artificial intelligence. Bitcoin, a challenge to the haphazard distribution of wealth, has challenged all wealth hegemony. He fulfilled the promise of equality before wealth and broke the existing law of distribution of wealth. The hope of the future development of the currency has been seen, and the people have seen the hope of solving the financial crisis. Digital standard currency, regional chain standard currency era, it has become a world currency unified solid bridge, it will break the wealth create monopoly power, long time, any money before it is fragile, what is the gold standard and silver standard, dollars are rubbish, who is the next monetary unification the rookie of The Times, the replacement of main currency will evolve?

The fact that digital assets like cryptocurrency uses blockchain technology gives it the advantage of not being controlled by anyone even the government. That is why some governments prefer to ban cryptos just not to give oppurtunity for bad people to use it for their bad motives/actions. Regulating cryptos are not as simple as peeling of a banana, it'll take long talking and discussion.

As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..