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Post by Not your moms 🌮 on Jan 5, 2021 10:34:22 GMT -7
I asked a friend that knows computers about bitcoin mining. He said it requires some serious power to out mine the Chinese. Apparently they are using computers powerful enough to crash the power grid from time to time. Free money is not cheap to buy.
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Post by bear on Jan 5, 2021 11:39:53 GMT -7
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Post by bear on Jan 5, 2021 11:40:27 GMT -7
feel free to send me Ethereum at human.tokenid.eth thx
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Post by bear on Jan 5, 2021 12:26:12 GMT -7
i made $32 by watching the promo videos on coinbase. they pay you in crypto! my portfolio is so fucking diverse rn. coinbase.com/earn/xlm/invite/y4f63p2tI got Compound, Stellar Lumens, Maker, and Celo for free... |
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Bitcoin?
Jan 5, 2021 12:30:09 GMT -7
via mobile
bear likes this
Post by deadphishbiscuits on Jan 5, 2021 12:30:09 GMT -7
That all sounds like killer drogas
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Bitcoin?
Jan 5, 2021 12:45:10 GMT -7
via mobile
bear likes this
Post by bear on Jan 5, 2021 12:45:10 GMT -7
Comp is down a dollar. Now it's worth $31. This is exciting.
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Post by chronicircle on Jan 5, 2021 12:49:42 GMT -7
i made $32 by watching the promo videos on coinbase. they pay you in crypto! my portfolio is so fucking diverse rn. coinbase.com/earn/xlm/invite/y4f63p2tI got Compound, Stellar Lumens, Maker, and Celo for free... beaerd over there like...  |
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Post by lordkundalini on Jan 5, 2021 12:55:59 GMT -7
we have a friend who mines bit coin. it do take a lot of power at this point
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Post by danimal on Jan 5, 2021 13:34:30 GMT -7
I don't invest in the stock market.
So what's the most mushrooms you ever ate on a waffle?
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Post by bear on Jan 5, 2021 14:49:29 GMT -7
Bitcoin mining is performed by high-powered computers that solve complex computational math problems; these problems are so complex that they cannot be solved by hand and are complicated enough to tax even incredibly powerful computers. KEY TAKEAWAYS: Bitcoin mining is the process of creating new bitcoin by solving a computational puzzle. Bitcoin mining is necessary to maintain the ledger of transactions upon which bitcoin is based. The result of bitcoin mining is twofold. First, when computers solve these complex math problems on the bitcoin network, they produce new bitcoin (not unlike when a mining operation extracts gold from the ground). And second, by solving computational math problems, bitcoin miners make the bitcoin payment network trustworthy and secure by verifying its transaction information. When someone sends bitcoin anywhere, it's called a transaction. Transactions made in-store or online are documented by banks, point-of-sale systems, and physical receipts. Bitcoin miners achieve the same thing by clumping transactions together in “blocks” and adding them to a public record called the “blockchain.” Nodes then maintain records of those blocks so that they can be verified into the future. www.investopedia.com/terms/b/bitcoin-mining.aspWhen bitcoin miners add a new block of transactions to the blockchain, part of their job is to make sure that those transactions are accurate. In particular, bitcoin miners make sure that bitcoin is not being duplicated, a unique quirk of digital currencies called “double-spending.” With printed currencies, counterfeiting is always an issue. But generally, once you spend $20 at the store, that bill is in the clerk’s hands. With digital currency, however, it's a different story. Digital information can be reproduced relatively easily, so with Bitcoin and other digital currencies, there is a risk that a spender can make a copy of their bitcoin and send it to another party while still holding onto the original. Special Considerations: Rewarding Bitcoin Miners With as many as 300,000 purchases and sales occurring in a single day, verifying each of those transactions can be a lot of work for miners.2 As compensation for their efforts, miners are awarded bitcoin whenever they add a new block of transactions to the blockchain. The amount of new bitcoin released with each mined block is called the "block reward." The block reward is halved every 210,000 blocks (or roughly every 4 years). In 2009, it was 50. In 2013, it was 25, in 2018 it was 12.5, and in May of 2020, it was halved to 6.25. Bitcoin successfully halved its mining reward—from 12.5 to 6.25—for the third time on May 11th, 2020. This system will continue until around 2140. At that point, miners will be rewarded with fees for processing transactions that network users will pay. These fees ensure that miners still have the incentive to mine and keep the network going. The idea is that competition for these fees will cause them to remain low after halvings are finished. |
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Post by thecosmicbandito on Jan 5, 2021 17:32:10 GMT -7
i made $32 by watching the promo videos on coinbase. they pay you in crypto! my portfolio is so fucking diverse rn. coinbase.com/earn/xlm/invite/y4f63p2tI got Compound, Stellar Lumens, Maker, and Celo for free... Videos a good call then? I got a very small piece of bitcoin cash last night. It seems to move when bitcoin does but it's in the $400 range instead of 32K. |
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Post by thecosmicbandito on Jan 5, 2021 17:36:58 GMT -7
I'd love to be proven wrong (please prove me wrong) but Tron is such trash. Everything else can be booming and it's like -2% and .027
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Post by bear on Jan 6, 2021 5:19:25 GMT -7
I would say the vids are a good call. My free crypto is now worth $38. You can convert it to other coin once you get it too.
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Post by Deleted on Jan 6, 2021 5:21:53 GMT -7
I would say the vids are a good call. My free crypto is now worth $38. You can convert it to other coin once you get it too. You can grow weed. Make 90% profit and maintain cash flow. Then diversified into concentrate and edibles. Save Save Save and you have yourself a Bitcoin day... |
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Post by bear on Jan 6, 2021 5:22:40 GMT -7
I got my first BTC yesterday. I swapped .25 ETH and some other crypto for about .009 of a bitcoin and overnight its already made me 7% or about 20 bucks.
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Post by bear on Jan 6, 2021 5:23:18 GMT -7
Hmmm I wonder what my states regulations are for growers...
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Bitcoin?
Jan 6, 2021 5:49:54 GMT -7
via mobile
Post by Deleted on Jan 6, 2021 5:49:54 GMT -7
Hmmm I wonder what my states regulations are for growers... Make your own get in early |
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Bitcoin?
Jan 6, 2021 5:50:56 GMT -7
via mobile
bear likes this
Post by deadphishbiscuits on Jan 6, 2021 5:50:56 GMT -7
MWSA
Make Wampum Sexy Again
New hats I'm a start slangin on the bitcoin sites
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Deleted Member
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Bitcoin?
Jan 6, 2021 6:05:21 GMT -7
via mobile
Post by Deleted on Jan 6, 2021 6:05:21 GMT -7
Hmmm I wonder what my states regulations are for growers... But you can buy all the kiddie porn with Bitcoin. where are your state regulations |
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Deleted Member
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Bitcoin?
Jan 6, 2021 7:08:28 GMT -7
via mobile
Post by Deleted on Jan 6, 2021 7:08:28 GMT -7
No thanks, not interested. You'll have to get your referral bonus somewhere else. you are not gonna support the dark web like it was intended for. |
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