Bitcoiin mining is powered by Dragon Mining Tech which is a world-class cryptocurrency-mining hardware manufacturing company with expertise in engineering and manufacturing of mining ecosystems to mine Bitcoiin2Gen (B2G). CryptoMiningSpace is an accredited program which is directly mining through the Dragon Pool ecosystem. All mined B2G is distributed among all clients of CryptoMiningSpace depending on their share of hashrate in the whole system.
The other two currencies I would pay attention to are Ethereum (~40% the size of Bitcoin, also known as “Ether”), and the smaller and more volatile Ripple and Litecoin. Despite a smaller market cap, Litecoin enjoys higher trading volume than Bitcoin Cash and Ripple, likely because it’s one of the three currencies accepted by the #1 digital currency wallet, Coinbase.
In cryptocurrency networks, mining is a validation of transactions. For this effort, successful miners obtain new cryptocurrency as a reward. The reward decreases transaction fees by creating a complementary incentive to contribute to the processing power of the network. The rate of generating hashes, which validate any transaction, has been increased by the use of specialized machines such as FPGAs and ASICs running complex hashing algorithms like SHA-256 and Scrypt.[30] This arms race for cheaper-yet-efficient machines has been on since the day the first cryptocurrency, bitcoin, was introduced in 2009.[30] With more people venturing into the world of virtual currency, generating hashes for this validation has become far more complex over the years, with miners having to invest large sums of money on employing multiple high performance ASICs. Thus the value of the currency obtained for finding a hash often does not justify the amount of money spent on setting up the machines, the cooling facilities to overcome the enormous amount of heat they produce, and the electricity required to run them.[30][31]
Blockchains are secure by design and are an example of a distributed computing system with high Byzantine fault tolerance. Decentralized consensus has therefore been achieved with a blockchain.[29] Blockchains solve the double-spending problem without the need of a trusted authority or central server, assuming no 51% attack (that has worked against several cryptocurrencies).
Cryptocurrencies are a potential tool to evade economic sanctions for example against Russia, Iran, or Venezuela. In April 2018, Russian and Iranian economic representatives met to discuss how to bypass the global SWIFT system through decentralized blockchain technology.[56] Russia also secretly supported Venezuela with the creation of the petro (El Petro), a national cryptocurrency initiated by the Maduro government to obtain valuable oil revenues by circumventing US sanctions.

The main reason China dominates Bitcoin trading is because financial regulations in China are less strict than in other countries. Therefor, Chinese exchanges can offer leverage, lending, and futures options that exchanges in other countries can’t. Additionally, Chinese exchanges charge no fees so bots are free to trade back and forth to create volume.

The counterargument is that the blockchain economy is still in its infancy. The “monetized code” that underlies the blockchain concept can be written to carry any sort of information securely, and to administer virtually any kind of transaction, contractual arrangement or other data-driven relationship between humans and their proliferating machines. In the future, supporters say, banks and other large institutions and even governments will run internal blockchains. Consumer product companies and tech companies will use blockchain to manage the “internet of things.” Within this ecosystem, we’ll see a range of cryptos playing different roles, with bitcoin perhaps serving as an investment, while more nimble cryptos can carry out everyday transactions. And the reality is, whatever its flaws, bitcoin’s success and fame thus far makes the whole crypto phenomenon harder to dislodge with every trading cycle.
Aside from the exchanges, you can also buy bitcoins on ebay and similar auction sites. Keep in mind that due to the possibility for chargebacks and fraud, bitcoin and other cryptocurrencies trade at a premium on ebay. Face to face meetups are another option to acquire bitcoins. Checklocalbitcoins.com for bitcoin sellers and buyers near your area. Always exercise caution when doing an offline exchange. Meet during the daytime and in places with a lot of people around. If possible, bring a friend.
The latest update to the CryptoNight AMD GPU miner SRBMiner to version 1.7.0 brings improved hashrate in a number of the supported mining algorithms of up to about 10% depending on your GPU (most gains on VEGA) for the BitTube, Haven, Heavy and Italo algorithms as well as some small speed increase on CryptoNight V8 for VEGA GPUs. It also comes with support for a new mining algorithms – CN-Dark [CryoNote] and CN-Fest [Festival coin]. Do note that the developer fee is now ~0.85% for both normal mode and algorithm switching mode in the new version. There are also a number of other fixes and improvements, you can find the full changelog for the latest update below.
In March 2017, various blockchain start-ups, research groups, and Fortune 500 companies announced the creation of the Enterprise Ethereum Alliance (EEA) with 30 founding members.[23] By May, the nonprofit organization had 116 enterprise members—including ConsenSys, CME Group, Cornell University's research group, Toyota Research Institute, Samsung SDS, Microsoft, Intel, J. P. Morgan, Cooley LLP, Merck KGaA, DTCC, Deloitte, Accenture, Banco Santander, BNY Mellon, ING, and National Bank of Canada.[24][25][26] By July 2017, there were over 150 members in the alliance, including recent additions MasterCard, Cisco Systems, Sberbank and Scotiabank.[27][28]
For conventional currency markets trading in the monies of stable, profitable countries, the fluctuations within the value of each currency is measured in fractions of a penny. Bitcoin values, on the other hand, rise and fall dramatically throughout each trading day, jumping in whole dollar amounts. This means that if you don't have your act together and place a transaction order at the right time, you will lose magnitudes more cash than you would have trading dollars for yen. The value of Bitcoin as a whole, for example, dropped more than 50 percent over the 36 hours after China banned the cryptocurrency. A lot of speculators lost their shirts during that day. And it will almost certainly happen again.
Never a dull moment – With swings of over 10% in a matter of hours, this volatile market should give you the chance to find traceable action, and a potential profit for a savvy bitcoin day trader. Put simply – it’s an exciting market to day trade in. So unless you hand over your trust to a  day trading bitcoin bot, you’ll have fun glued to the screen.

There are many other strategies traders use to predict trends, which I won’t get into today. These include Head and Shoulders, Trend Lines, Support and Resistance patterns and Candlesticks. Here’s a great article explaining each of these in a little more detail. Within the GDAX dashboard, you will find a price chart that looks similar to the one above, accompanied by four other sections in the same viewport:
BTC has broken bearish below a weekly support of $6,200 to see the lowest price in a month. The bears continue to have complete control and anything on the daily under $6,383 is a lower high. We will continue to be cautious as bulls, waiting for trend changes to eliminate lots of risk while giving up some reward. There are still Tether uncertainties in the air, ...
The pic above shows a bitcoin long position. Btc.sx has several restrictions that make trading with leverage problematic. The exchange doesn’t support moving the stoploss after entry. When contacted about this, their support team told us that ‘’this feature will be implemented in the next few months’’. Our question is why isn’t it already implemented?

from Current movement, Btc Break Descending triangle means to start a new trend if you trade this Pattern and follow Book Rules u will see pattern lead to Bottom Around $1850 Hard Dip Yeah this what book says when DS broke But before u be ready to wait be sure this break is real we can see wick and price up again this normal at this market how u can be ...
Ether was also hit by the mass sell-off, posting a 10.5 percent loss as of writing with the downward trend in ETH looking to test $180 and below. As Ethereum’s price continues to slip relative to that of Bitcoin, more analysts are pointing out the drying Initial Coin Offering marketplace as a possible indication for ETH’s ongoing price struggles. Throughout 2017 and the beginning of this year, ICOs almost entirely relied upon the ERC-20 token as their model for development and launch.
For us non-miners, getting Bitcoin is now easier than it was a year ago. Now, one only needs to be in a right country to purchase and sell Bitcoins, where exchanges legally act as intermediaries for currency transactions — something that also protects your funds from being mismanaged by external and internal attacks. These exchanges instantly convert your Bitcoin into USD or other fiat currency, and based on the price fluctuations between these two, one can simultaneously sell and purchase their holdings and make good profits — a process we know as arbitrage (explained further below)
The level of security among pools also varies greatly, from simply requiring a BTC username to requiring a 2-Step Google Authenticator code before paying out. Luckily, given the anonymous nature of Bitcoin, you generally won't have to include any personable, stealable, information. Still, money and complete strangers can be a particularly combustible situation.

But, once again, be warned. Just because it's a digital currency doesn't mean you won't lose real cash money trading in it. And given that the current Bitcoin market is more volatile than a bag of plutonium nitrate, multi-explosive, sound seeking projectiles, you stand a very good chance to lose a lot of money, especially if this is your first foray into day trading. So unless you have cash to burn or you're already a grizzled day trading veteran, you might want to take one more look at mining after all.
eToro was one of the first CFD providers to offer cryptocurrencies on their platform. With an extremely easy to use interface, it is a huge attraction for beginners who are looking to invest in crypto for the first time. Buying crypto as a CFD is different to buying and owning the actual cryptocurrency, but does it really matter? We take a look at eToro in more detail.
The best bitcoin exchange is needed for serious and professional bitcoin traders. Bitcoin security must be impeccable. Banking relationships must be sound and reliable. The trading engine must be fast. Order types must be advanced. And profits must be able to be multiplied with Bitcoin margin trading so you can leverage long bitcoin positions or short bitcoin positions.

Another area ‘’ripe’’ for disruption is the money transfer market. The market is currently dominated by large players like Western Union and MoneyGram, WU for example can earn upwards of 10 percent per transaction on international remittances. By comparison, a bitcoin transaction shouldn’t cost more than 5 percent even after accounting for all exchange and bank wire fees for both the buyer and the seller on each side of the remittance. If no fiat currency is involved, sending and receiving bitcoins is almost free and costs 0.0001 btc regardless of the amount. This is around 9 cents at current btc prices.

Hello everyone. I thought I'd start a new idea ... as this could be the final drop ... I do hate saying "final", but things are setting up for a bottom retest. Let me explain. For over 2 months we've been stuck below 6.8k ... aside from one crazy wick due to tether devaluation on 15 Oct, which I am ignoring. Although this in itself is not really a big deal, ...
Feel free to use this thread to say 'Hi, I'm new!' or 'Hi, I'm not!'. If you have a question, feel free to comment and ask it below. But first make sure you are fully synchronized and have a look at FAQ on Ethereum Stack Exchange. Need help finding resources for beginners or have lots of questions and don't know where to start? Check out /r/ethereumnoobies! :D
That opportunity may not last. Huffman, who is also a former utility executive, argues that ever-cheaper power rates in other states, like California, could undercut the basin’s appeal to blockchain miners, who may begin to look for other places to mine. For that reason, Huffman argues that the basin should be actively recruiting more miners, even if it means importing power. “I think there’s a window here,” Huffman says, “and it’s unknown how long that window will be open.” Yet he, too, knows that any such talk will lead to criticism that the basin is yoking its future to a volatile sector that, for many, remains a chimera. “Some folks think that bitcoin is just a scam,” Huffman concedes. “And in the conversation, you usually don’t get past that.”
The screenshot below, taken from the site Blockchain.info, might help you put all this information together at a glance. You are looking at a summary of everything that happened when block #490163 was mined. The nonce that generated the "winning" hash was 731511405. The target hash is shown on top. The term "Relayed by: Antpool" refers to the fact that this particular block was completed by AntPool, one of the more successful mining pools. As you see here, their contribution to the Bitcoin community is that they confirmed 1768 transactions for this block. If you really want to see all 1768 of those transactions for this block, go to this page and scroll down to the heading "Transactions."
Sadly, with the demise of Cryptsy there is a need for a new major first-rate cryptocurrency and Bitcoin exchange (aka altcoins). Having many medium-sized cryptocurrency exchange bitcoin sites is a better situation than having one large amazing option. Bittrex (new account creation temporarily disabled) has now replaced Poloniex as the largest most amazing option to exchange bitcoin. Its platform is functional enough to have attracted tens of millions of new customer every month. Things feel smooth when using Bittrex. All big and small trading pairs are offered and it is now possible to do cryptocurrency margin trading on major altcoins. This is a cool feature, but use it with caution as leveraged trading has a certain risk factor. Keep in mind that some of the best bitcoin exchange sites also do altcoins. Yobit, Bittrex, Cryptopia and Changelly, are great options worth checking out. Some even offer short selling on major coins.
If your objective is to earn substantial money as a second income, then you are better off purchasing cryptocoins with cash instead of mining them, and then tucking them away in the hopes that they will jump in value like gold or silver bullion. If your objective is to make a few digital bucks and spend them somehow, then you just might have a slow way to do that with mining.
The other two currencies I would pay attention to are Ethereum (~40% the size of Bitcoin, also known as “Ether”), and the smaller and more volatile Ripple and Litecoin. Despite a smaller market cap, Litecoin enjoys higher trading volume than Bitcoin Cash and Ripple, likely because it’s one of the three currencies accepted by the #1 digital currency wallet, Coinbase.
Another factor that sends shivers down the Bitcoin industry is constant attempts to hack the Bitcoin exchanges’ hot wallets. The curious case of Mt.Gox has been the biggest example, where a $450 million worth of Bitcoin amount was stolen. Later on, many other exchanges became victim to the similar thefts, including BitStamp , BitFinex and many others.
The total supply of ether was Ξ100 million as of June 2018.[58] In 2017, mining generated 9.2 million new ether, corresponding to a 10% increase in its total supply.[59] Casper FFG and CBC are expected to reduce the inflation rate to between 0.5% to 2%.[60] There is no currently implemented hard cap on the total supply of ETH, but it is expected to end at a certain point, and become deflationary.
Ethereum addresses are composed of the prefix "0x", a common identifier for hexadecimal, concatenated with the rightmost 20 bytes of the Keccak-256 hash (big endian) of the ECDSA public key. In hexadecimal, 2 digits represents a byte, meaning addresses contain 40 hexadecimal digits. One example is 0xb794F5eA0ba39494cE839613fffBA74279579268, the Poloniex ColdWallet. Contract addresses are in the same format, however they are determined by sender and creation transaction nonce.[55] User accounts are indistinguishable from contract accounts given only an address for each and no blockchain data. Any valid Keccak-256 hash put into the described format is valid, even if it does not correspond to an account with a private key or a contract. This is unlike Bitcoin, which uses base58check to ensure that addresses are properly typed.
But, once again, be warned. Just because it's a digital currency doesn't mean you won't lose real cash money trading in it. And given that the current Bitcoin market is more volatile than a bag of plutonium nitrate, multi-explosive, sound seeking projectiles, you stand a very good chance to lose a lot of money, especially if this is your first foray into day trading. So unless you have cash to burn or you're already a grizzled day trading veteran, you might want to take one more look at mining after all.

The Bitcoin's meteoric rise in value and the relatively low risk of being caught stealing it have also combined to make the currency a huge target for cyber criminals. Smaller online exchanges that have skimped on security systems can be hacked. The Sheep Marketplace, for example, had 96,000 Bitcoins (worth $220 million) stolen earlier this year, as did GBL and Tradefortress. Criminals also routinely target internet-connected computers that store individual Bitcoin wallets, attacking them with everything from malware and phishing tactics to old-fashioned social engineering. And as recently as last November, thieves stole nearly a million dollars worth of Bitcoin from Bitcoin Internet Payment System (BIPS), a Denmark-based Bitcoin payment processor.


Etoro.com is one of the latest forex brokers to offer bitcoin trading. Unfortunately, the product is not very suitable for day trading as you can only enter and exit the market four times per day. It uses the BitStamp’s data feed as a price reference. You can read more about Etoro’s bitcoin offer here.  Here’s a snapshot of their bitcoin CFD in action:
Unfortunately despite having a dedicated US part of the site (link to http://www.etoro.com/usa) , eToro doesn’t seem to accept US clients at this time. Here’s a part of the Q&A section that deals with this question: ‘’As part of our ongoing optimization process currently underway in the US, we have temporarily suspended our service. Therefore, at this time we will not be accepting new clients or funds from existing US customers. While you’re here, you are welcome to continue experiencing eToro  through our practice mode, which will stay available and free to all.’’’
Ethereum would never be possible without bitcoin—both the technology and the currency—and we see ourselves not as a competing currency but as complementary within the digital ecosystem. Ether is to be treated as "crypto-fuel", a token whose purpose is to pay for computation, and is not intended to be used as or considered a currency, asset, share or anything else.
The decentralized and transparent nature is what makes blockchain highly secure and almost impossible to hack, because a hack to one ledger would cause a discrepancy in the entire network that will be ignored. Functionally, to hack the ledger one would have to hack all the computers on a network at the exact same time in order to change the “average”. For a currency like bitcoin, this would mean millions of computers. So the larger the network, the more stable the currency.

There are many other strategies traders use to predict trends, which I won’t get into today. These include Head and Shoulders, Trend Lines, Support and Resistance patterns and Candlesticks. Here’s a great article explaining each of these in a little more detail. Within the GDAX dashboard, you will find a price chart that looks similar to the one above, accompanied by four other sections in the same viewport:


It’s important to specify a time horizon for your investment—such as short term (7–14 days), medium term (1–2 months) or long-term (6–12 months). I don’t recommend trading on time horizons shorter than 7 days unless you have access to margin (you probably don’t) or have large amounts of money to play with; otherwise, the fees will be too high relative to the returns.
But the rate is not expected to be kept: sometime in 2018-2019 Ethereum will be switched from Proof of Work to a new consensus algorithm under development, called Casper that is expected to be more efficient and require less mining subsidy. The exact method of issuance and which function it will serve is an area of active research, but what can be guaranteed now is that (1) the current maximum is considered a ceiling and the new issuance under casper will not exceed it (and is expected to be much less) and (2) whatever method is ultimately picked to issue, it will be a decentralized smart contract that will not give preferential treatment to any particular group of people and whose purpose is to benefit the overall health and security of the network.
_______ Click "Like" to feed the Binosaur ________ Considering this year's price action, it is getting hard to keep heads up and think positively. We all miss these enormous rallies of the Bitcoin, but still, many people believe in blockchain technology and Bitcoin in particular. This idea was created for the sole purpose of spreading the positive energy and ...
In cryptocurrency networks, mining is a validation of transactions. For this effort, successful miners obtain new cryptocurrency as a reward. The reward decreases transaction fees by creating a complementary incentive to contribute to the processing power of the network. The rate of generating hashes, which validate any transaction, has been increased by the use of specialized machines such as FPGAs and ASICs running complex hashing algorithms like SHA-256 and Scrypt.[30] This arms race for cheaper-yet-efficient machines has been on since the day the first cryptocurrency, bitcoin, was introduced in 2009.[30] With more people venturing into the world of virtual currency, generating hashes for this validation has become far more complex over the years, with miners having to invest large sums of money on employing multiple high performance ASICs. Thus the value of the currency obtained for finding a hash often does not justify the amount of money spent on setting up the machines, the cooling facilities to overcome the enormous amount of heat they produce, and the electricity required to run them.[30][31]
The level of security among pools also varies greatly, from simply requiring a BTC username to requiring a 2-Step Google Authenticator code before paying out. Luckily, given the anonymous nature of Bitcoin, you generally won't have to include any personable, stealable, information. Still, money and complete strangers can be a particularly combustible situation.
Which is to say that MakerDAO, which launched the PETH token and related products near the end of last year, presently accounts for nearly one full percent of all ether in existence. While some feel that Dai’s practical applications are limited, it is taking a radical approach to a complex problem, with results that have not been overly disappointing. It has built-in mechanisms to liquidate positions which might destabilize the system at large:
Smart contract is just a phrase used to describe computer code that can facilitate the exchange of money, content, property, shares, or anything of value. When running on the blockchain a smart contract becomes like a self-operating computer program that automatically executes when specific conditions are met. Because smart contracts run on the blockchain, they run exactly as programmed without any possibility of censorship, downtime, fraud or third party interference.
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