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 Bitcoin Mining - Blockchain App Factory

Bitcoin Mining - Blockchain App Factory

Video report for investors  farm#bitcoin#mining factory

Video report for investors  farm#bitcoin#mining factory submitted by MiningKz to u/MiningKz [link] [comments]

China Bitcoin Mining Factories Make Up 65% of Hash Power, Is Bitcoin Actually Centralized?

China Bitcoin Mining Factories Make Up 65% of Hash Power, Is Bitcoin Actually Centralized? submitted by uixnetwork to u/uixnetwork [link] [comments]

Norway Ends Power Subsidization of Bitcoin Mining “Factories”

Norway Ends Power Subsidization of Bitcoin Mining “Factories” submitted by All-Stocks to AllStocksNetwork [link] [comments]

Update on the recent China-FUD. China to Cut Preferential Policies for Bitcoin Mining Factories

Conclusion: So there will be 17% tax in China VS 15% in USA. So no more cheap electricity (rise from $0.03 to $0.12). And other things.
My prediction: Chinese hashrate marketshare will plunge from 80% to 30% in three months.
Short news from https://k.caixinglobal.com/web/detail_22227
Chinese regulators are planning to gradually remove preferential policies for electricity, tax and land use for bitcoin mining companies, a source with knowledge of matter told Caixin.
The news comes amid rumors that the central bank is moving to close bitcoin mines after a closed door meeting on Wednesday, which the source denied.
submitted by webitcoiners to btc [link] [comments]

Illegal Bitcoin mining factory sparks massive blaze

Illegal Bitcoin mining factory in Russia sparks massive blaze thanks to overheating computers used to create cryptocurrency
Fire destroyed eight flats and flooded 30 more at a residential block in eastern Russia
https://www.thesun.co.uk/news/5538526/bitcoin-mining-factory-cryptocurrency-illegal-russia-fire-overheating-computers/#
submitted by SpyShadow to NiceHash [link] [comments]

Can anyone find the google maps location of Jinxin's Bitcoin mining factory in Changcheng, China?

Can anyone find the google maps location of Jinxin's Bitcoin mining factory in Changcheng, China? submitted by AltOptionsLLC to BitcoinMining [link] [comments]

Update on the recent China-FUD. China to Cut Preferential Policies for Bitcoin Mining Factories /r/btc

Update on the recent China-FUD. China to Cut Preferential Policies for Bitcoin Mining Factories /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

More Comedy GODL in r/Bitcoin: "Finally got my father, a factory owner, into bitcoin mining and guess who’s getting all the money. Me. My idea my money \_😎_/" ... and proceeds to fight with r/Bitcoiners, calls them "bitch niggaz", and claims "Electricity is free in my country" 🤣🤣🤣

More Comedy GODL in Bitcoin: submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

Finally got my father, a factory owner, into bitcoin mining and guess who’s getting all the money. Me. My idea my money \_😎_/

Finally got my father, a factory owner, into bitcoin mining and guess who’s getting all the money. Me. My idea my money \_😎_/ submitted by dr-Ryn to Bitcoin [link] [comments]

Charlie & the Chocolate Factory mining analogy (extract from the Bitcoin Billionaires book)

I've been reading, 'Bitcoin Billionaire: A True Story of Genius, Betrayal and Redemption', and found this little analogy explaining how Bitcoin mining works, attributed in the narrative to Cameron Winklevoss. I don't know how well the analogy holds, but for a non-techy like me, I found it helpful:
“The little boy in the movie...is looking for a golden ticket inside candy bars. Charlie is a like a miner. And the golden ticket, which will grant him a tour of Willy Wonka’s factory, is like the block reward. Now suppose that by searching for this golden ticket, Charlie is also simultaneously validating purchases of candy bars and recording them in the factory’s business ledger—the Willy Wonka blockchain. And suppose there are many Charlies all around the world doing the same thing, searching for that golden ticket. As they open Wonka bars, they are auditing the Wonka blockchain and checking one another’s work. Willy Wonka’s contest has miraculously incentivized children around the world to work together to validate and record transactions of Wonka bars, helping Willy keep track of who paid for what, thereby protecting his profits and ensuring that his factory stays in business and can continue to make chocolate for everyone.”
Voorhees smiled. “That’s very good. And it perfectly illustrates the magic of Bitcoin. Instead of middlemen, or gatekeepers, you have an open competition of miners, individually incentivized to validate transactions. No bank or government sits in judgment of transactions, or takes a piece of each slice of pie. Middlemen are replaced with math, or in the case of your example, an army of Charlie Buckets.”
“And the Willy Wonka of Bitcoin,” Tyler said. “Who set all of this in motion: Satoshi Nakamoto.”
submitted by crypto_grandma to CryptoCurrency [link] [comments]

Has you opinion of Kawhi changed this past offseason?

Okay in all actually, he's most likely (barring like an underground forced labor bitcoin mining factory ring he runs) 99.9999% an outstanding citizen to society.
With that being said, in the NBA world and salty teams aside...I feel like the narrative changed from him being the quiet humble fun meme guy wearing New Balances to being that silent, cutthroat, killer who gives zero shits about story lines and will do whatever he can to get the bag...be it rub elbows in San Antonio, toy with the Lakers and ask them, "how bad did y'all want me?" allegedly when talking to Magic only to buy time to force LAC and OKC cough up picks for PG13...and these UNSUBSTANTIATED reports of Uncle Dennis wanting dat extra extra under the table...all while forcing NBA teams to rest him 25% of the season with load management at 28 years lol.

Btw it's his right to do all this lol- dude is literally a contractor for elite level basketball so....board man gets paid
submitted by NoImagination6 to nba [link] [comments]

Finally got my father, a factory owner, into bitcoin mining and guess who’s getting all the money. Me. My idea my money \_😎_/ (x-post from /r/Bitcoin)

Finally got my father, a factory owner, into bitcoin mining and guess who’s getting all the money. Me. My idea my money \_😎_/ (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Charlie & the Chocolate Factory mining analogy (extract from the Bitcoin Billionaires book) (x-post from /r/cryptocurrency)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Update on China-FUD. China Gov forces all mining farms to end business GRADUALLY.

One day ago, Caxin News claimed China to Cut Preferential Policies for Bitcoin Mining Factories
But 10 hours ago, we knew Caxin News was wrong.
China Gov forces all mining farms to end business GRADUALLY.
To be honest, China Gov is not better than BSCore cartel at all. They have seen Bitcoin as its enemy since years ago. That's why China Gov suddenly closed all exchanges before Segwit2X.
submitted by webitcoiners to btc [link] [comments]

The intelligent Investors Guide to Cryptocurrency Part 0 - Explaining cryptocurrency to a moderately intelligent noob who knows nothing about it.

Introductions: I'm joskye. A cryptocurrency investor and holder.
 
...
 
So my accountant who doesn't know much about cryptocurrency emailed me recently asking about it. He had the following questions:
 
 
I realized these were the most common questions mainstream people have of cryptocurrency and decided to answer them. Feel free to read, learn and share with any newcomers asking questions about this space.
This article effectively summarizes my thoughts on the future direction of Bitcoin, Ethereum and cryptocurrencies in general and should be understandable to anyone with moderate intelligence in explaining how it works (technologically and economically).
 
My responses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Given the nature and ability to built governance and voting mechanisms (including many other things) into the distributed ledger technology itself, I believe the longer term impact of distributed ledger technology will be a blurring of national and international borders, treaties and laws. From a governance and auditing viewpoint, distributed ledger technology if correctly utilized will increase government/corporate transparency and reduce corruption.
 
 
 
 
 
 
 
I hope this helps. With the exception of my disclosure on profits, I don't mind you sharing this analysis with any interested parties. You should read the guides linked, they pretty much outline the future of commerce for me.
 
Further articles in this series:
 
"The intelligent investors guide to cryptocurrency"
 
Part 0 -
Part 1 -
Part 2 -
Part 3a -
Part 3b -
Part 4 -
Part 5 -
Part 6 -
Part 7a -
 
"The intelligent investors guide to Particl -"
 
...
 
Full disclosure/Disclaimer: As of posting I am long Particl (PART), Ethereum (ETH), Wetrust (TRST), Augur (REP), OmiseGo (OMG) Factom (FCT) and Iconomi (ICN). All the opinions expressed are my own. I cannot guarantee gains; losses are sustainable; do your own financial research and make your decisions responsibly. All prices and values given are as of time of writing (November 2017).
submitted by joskye to Particl [link] [comments]

Did you guys know?

the "this box reduces greenhouse gas emissions every month" box in front of Ponderosa is actually UBC's very own bitcoin mining "factory". They have the latest bitcoin miners running (rumour has it that the total hashing power is about 500th/s.)
it's a top secret collaboration project between the department of economics and engineering, led by the mastermind gateman.
the reason why they claim that it's some green emission reducing box is because so they can trick the government into providing it with free/discounted electricity.
submitted by gehroj to UBC [link] [comments]

Bitcoin x2, biggest scam of the century?

First they announce it and say people with bitcoins will get as many x2 coins, everyone rushes to buy bitcoin increasing the price and perceived value, then 1 week before they turn it down and won’t release x2 anymore.
Now the value of a bitcoin is artificially inflated, bitcoin mining factories can comfortably make millions daily by slowly dumping bitcoins at a much higher value.
100% modern world scam controlled by the ones with the money (big bitcoin investors and mining factories)
submitted by omghacks to BitcoinBeginners [link] [comments]

Layer1 Technologies Starts Bitcoin Mining At Its Bitcoin Factory in West Texas

Layer1 Technologies Starts Bitcoin Mining At Its Bitcoin Factory in West Texas submitted by Crypto-Economy to cryptoeconomynet [link] [comments]

Short Term Objective: Acquire a factory with the necessary capacity to house 2000 cryptocurrency mining machines. #Peru #PeruCoin #cryptocurrency #bitcoin #factory

Short Term Objective: Acquire a factory with the necessary capacity to house 2000 cryptocurrency mining machines. #Peru #PeruCoin #cryptocurrency #bitcoin #factory submitted by QSMarketingCorp to PeruCoin [link] [comments]

"Bitcoin factory opened in the port" (Swedish) - low power prices makes mining profitable in Sweden

submitted by paultroon to Bitcoin [link] [comments]

The Rise of Bitcoin Factories: Mining for the Masses -WSJ

The Rise of Bitcoin Factories: Mining for the Masses -WSJ submitted by shitpost1201 to wallstreet [link] [comments]

03-13 17:44 - 'Large Mining Farm Discovered in Abandoned Russian Factory' (news.bitcoin.com) by /u/blipcoin removed from /r/Bitcoin within 229-239min

Large Mining Farm Discovered in Abandoned Russian Factory
Go1dfish undelete link
unreddit undelete link
Author: blipcoin
submitted by removalbot to removalbot [link] [comments]

Factory Coin Mining Gameplay - Tutorial - First 15 minutes A look inside America's largest Bitcoin mining operation ... What is Bitcoin Mining? - YouTube Inside of a HUGE BITCOIN mining FARM ! - YouTube Inside a Bitcoin mine that earns $70K a day - YouTube

Factory Setup. Bitcoin mining factories are set up to dissipate as much power as possible. As we mentioned before, mining is basically the conversion of electrical power into heat. For a one BTC / day mining operation, you’ll need to dissipate 4170 kilowatts 24×7 in order to maintain room temperature. As long as the bitcoin network exists we anticipate mining to be profitable. We’ve developed a process to get an edge in the market. Coinmint has already signed an agreement with the New York Power Authority and the New York Independent Systems Operator, for access to 435 MW of clean hydroelectric power from the St. Lawrence River. Mining Factory was developed by early adopters and innovative thinkers. We sell hand-crafted cryptocurrency mining rigs with competitive hashpower. Mining Factory aims to show the people of South Africa that Bitcoin mining is actually a feasible business and provides an effortless passive income. There are several companies which offer Bitcoin mining services, out of that Blockchain App Factory is an industry leader in providing assistance to investors, entrepreneurs and enterprises with the best-in-class bitcoin mining software that will help you run an efficient and fast-executing mining system that computes complex puzzles quickly ... Critical to all mining operations is the “break even” factor, which the mining estimator seeks to determine. This is the value of cryptocurrency that must be produced for the cost of the rig to be paid for. For example, one featured Bitcoin mining rig costs USD $1,767 to build and operate and generates $4.56 in profit per day at current prices.

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Factory Coin Mining Gameplay - Tutorial - First 15 minutes

Start mining Bitcoin today: https://pool.bitcoin.com Video: Inside America’s largest Bitcoin mining operation http://bitshare.cm/news/inside-americas-largest... This is a sample of the gameplay of Factory Coin Mining. It also works as a small tutorial for all of those who are having problems understanding the beginning of the game. The tutorial is VERY short. The virtual goldrush to mine Bitcoin and other cryptocurrencies leads us to Central Washington state where a Bitcoin mine generates roughly $70,000 a day min... Bitcoin is skyrocketing right now ! We had a look behind the scenes of bitcoin mining and a bitcoin miner Farm. join the event here: https://www.miningconf.o... How Much Can You Make Mining Bitcoin With 6X 1080 Ti Beginners Guide - Duration: 19:20. How Much? 1,664,399 views. 19:20. How Bitcoin in China Is Subverting the System - Duration: 22:17.

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