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Cryptocurrency Price Speculations / Re: Will Etherium hit $1000 by the end of 2018
« on: December 19, 2017, 06:29:31 AM »
yesterday i sell ETH @705USD and today it is at 812USD. I hope it will touch $1000 Upto end of Dec 2017.
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I have a pending ETH transaction more than 24 hours ago (Tx 0x7625aa61a74585f3c527ee3b89b5b3ffb12e0b37ba9f40547e8a42825771e094).The same situation i faced on EtherDelta and at the end transaction failed it was on 4Gwei. To over come this I increased Gwei to 8 and transaction passed within 5 minutes. The transaction fee also increased minutely with 8Gwei.
Someone can help me with this?
Would like to make a list of these easy to mine altcoins ....Thank you for providing such wast knowledge about mining.
Here's some important info you need to know first:
It is possible to mine any of the Proof-of-Work coins with a laptop. That covers most of the alt-coins in existence. Proof-of-work Hashing algorithms are what make mining possible.
The problem is that millions of people are trying to do the exact same thing as you, so your chances of actually making money from mining it are slim to none.
For mining to be profitable, a person either needs a huge amount of resources and access to extremely cheap electricity or they need to start mining the coin long before it becomes popular.
Some people mine coins that are no longer popular or perhaps even considered dead coins, in the hopes that one day they will become popular again. This strategy is completely hit and miss.
The reason why mining is no longer profitable is because of specialized hardware called ASICs
ASICs : short for Application-specific integrated circuit
ASIC are specialized chips that can do the work 100s - 1000s of times faster and more efficiently than any CPU or GPU.
Therefore any coin that can be mined with an ASIC is completely unprofitable for anyone who does not use ASICs.
Because ASICs are so lucrative they are being developed for most of the Proof-of-work Algorithms.
In response to the rise of ASICs some developers have tried to make Proof-of-work algorithms that are ASIC-Resistant. Altcoins using these ASIC resistant algorithms were initially quite successful. So successful in fact, that other smart people figured out how to make ASICs for them. And so it is has become a vicious cycle.
Here is an tiny incomplete list of Cryptocurrencies and their Proof-Of-Work (Hash Algorythms).
Litecoin was initially designed to be Bitcoin ASIC resitant, until someone developed a Scrypt ASIC.
Dash (aka Dark Coin) was designed to be ASIC resistant, until someone developed an X11 ASIC.
Vertcoin was initially designed to be memory intensive and thus ASIC resistant. until someone developed a Scrypt-N ASIC, so then they changed their Proof-of-Work to use something called Lyra2RE
Monero was another coin designed to be ASIC resistant by implementing CryptoNight. I see that some people have developed a Cryptonight FPGA (FPGA is an early stage before ASIC)
Etherium as far as I know does not have ASICs developed for it yet although it is only a matter of time before either ASICs become prevalent OR they drop Proof of work completely.
ZCash is another coin that was designed to be ASIC resistant. It is unknown whether people are working on ASICs for this coin.
The bottom line is that mining with standard hardware (PCs, laptops etc) is generally considered not profitable and should only be done for educational or entertainment purposes.
Caveat: This is of course unless you are willing to put in the huge amount of time and effort required to research the thousands of alt coins in development and mine the promising ones well before they become popular.
i want more to earn altscoin but how what i should i do for more earning alts coins because im so mew here i need your helpYou may earn free altcoin by giving some time each day.
Micro-btc.com and hashflareI registeres on website https://www.micro-btc.com/ now site is asking to buy haspower, i want to try free. please guide me more.
Which Cloud Mining Company can you recommend? Is it still actual?i am using https://coinpot.co/ for mining Bitcoin Core, Bitcoin Cash, Dogecoin, Litecoin, Dash.