Bitcoin Mining Guide - Getting started with Bitcoin mining

cryptocloud-review

I discuss what hashflare is and why mining bitcoin is a good investment. Hashflare is a cloud mining service allowing you rent bitcoin mining equiptment, therefore you do not require the initial upfront cost or technical knowledge to mine bitcoin.
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GlobalBoost- A CryptoCurrency To Help Wounded Veterans

BSTY brings a completely new algorithm to the digital currency scene, and combines it with our real products, real company, and visible & accountable leadership. We aim to improve the acceptance of digital money, providing a safe & attractive investment using Yescrypt as our POW.
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Operations who rent Bitcoin mining resources; considerations.

I can only imagine that any company who will rent their mining infrastructure to mine Bitcoins (or whatever coin) would profit from mining the coins themselves.
What are the options for someone who wants to rent coin mining resources, and is there a way to do so in a way that will could prevent being scammed (e.g. putting coins into escrow)?
Also, if such reputable operations exist, can anyone recommend one?
submitted by 32hsa2974 to Bitcoin [link] [comments]

Operations who rent Bitcoin mining resources; considerations. /r/Bitcoin

Operations who rent Bitcoin mining resources; considerations. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Brother rented a warehouse for bitcoin mining. No contract. Responsible for electricity + rent. Warehouse closing down and they're saying he owes $24000 in electricity that he hasn't paid or else they're going to sell all his gpus (about 450)

I told him to just get a lawyer. What lawyer would he need? Debtocreditor?
What is he allowed to demand? They just send an invoice that says $24000 with no breakdown. Is he allowed to ask for the electric bill each month to see if it lines up? Are they allowed to sell all of his gpus there if he doesn't pay in time?
Rent is 20% of coins mined.
Vancouver, BC
submitted by ohnoimrunningoutofsp to legaladvicecanada [link] [comments]

Brother rented a warehouse for bitcoin mining. No contract. Responsible for electricity + rent. Warehouse closing down and they're saying he owes $24000 in electricity that he hasn't paid or else they're going to sell all his gpus (about 450)

I told him to just get a lawyer. What lawyer would he need? Debtocreditor?
What is he allowed to demand? They just send an invoice that says $24000 with no breakdown. Is he allowed to ask for the electric bill each month to see if it lines up? Are they allowed to sell all of his gpus there if he doesn't pay in time?
Rent is 20% of coins mined.
Vancouver, BC. Canada.
submitted by ohnoimrunningoutofsp to legaladvice [link] [comments]

Photochain vs KodakCoin (the newcomer vs the old school corporation)

As some of you may have seen, the American corporation Kodak, has decided to enter the blockchain photography space. Just like part of what we at Photochain are creating, Kodak want to build a digital ledger of photo copyright ownership.
Despite this being an immediate competitor to Photochain, we are not too concerned for reasons we’ll list below.
First of all, we are happy with this. It means we have chosen the perfect industry to disrupt, one that attracts attention and is recognized as needing a change. Such a move by a corporate competitor does not discourage us, but in fact motivates us even more to complete the goals we have set out to achieve.
Kodak’s self titled KodakCoin in theory is similar to what we are offering, but with several key differences. Firstly, Kodak have not released a whitepaper — their concept has not been documented anywhere, other than in press releases. As fervent supporters of blockchain communities, we have always communicated our intention for Photochain, whilst listening to public feedback.
On the back of this, we have a working prototype to further display our intentions here. This along with our whitepaper and other open communication channels show our willingness to engage and involve the community. There is nothing hidden behind press releases — which ironically use the word buzzword as a buzzword.
Photochain’s team doesn’t come from a corporate background, with corporate goals. We are a team of blockchain and photography enthusiasts who realized the perfect opportunity blockchain gives the photography community to take back control of their content. And who is it we are aiming to take back the control from — the corporations.
To give the photography community the control, Photochain has to be a decentralized application. This means that it belongs to the community. They manage themselves for the benefit of themselves — with no central authority like Kodak controlling decision making. We at Photochain know and trust that photographers naturally will be able to manage their own interests.
Our branding supports our ethos — “to return the control and the trust of the photography marketplace to the content producer” and by doing so we want contributors to receive a fair compensation for their work. In the bigger picture, we want to build a future where centralized corporations and their money making schemes have less relevance in the world. There are no alternative goals — this is all we want to achieve.
For Kodak on the other hand, just because they say they plan to use blockchain, doesn’t mean that they will use an open, democratic, fully decentralized blockchain. And why should they? As a business, what would they have to gain from such a project, if they cannot exhaustively monetize it. As a business with stockholders, their main aim is and always will be. to maximize stock value for their stockholders.
The second part of their blockchain initiative clearly displays their corporate goals. They intend to rent bitcoin mining rigs to the public, but then split the profits with themselves. This is not putting the best interest of the public at the forefront of their platform. This is them opportunistically attempting to profit from public interest in bitcoin and other cryptocurrencies.
We do recognize that Kodak have more industry knowledge than us. But this is no disadvantage — sometimes knowing too much is a bad thing. Photochain comes into the field with a fresh viewpoint. We see the photography industry for how it is and how we want it to be. We bring new ideas that old ways of thinking couldn’t possibly come up with.
KodakCoin does not represent change in the market. It is simply a new corporate revenue stream. We at Photochain welcome and are inspired by the new competition. We know what we want to achieve and we know no corporation can possibly do this. Together with our community we will be able to return the control of photography content to those who matter most.
submitted by RaffaeleRago to CryptoCurrencyTrading [link] [comments]

Should I invest in Bitcoin?

A new variant of bitcoin, named spacecoin just surfaced in my country. They rent bitcoin mining machines, and the mined coin from your machine goes to your account. Then you either sell the coins to the company for a lower price, or find a buyer yourself for a higher price.
A contact of mine claims to have earned 5000 bucks (around 1200 euros/1700 dollars here) in 50 days. He takes this thing really serious though; he invited a lot of people in with his referral code, so he gets a little more than normal. Very naive guy, so I doubt he's lying.
I have profited a small amount from buying and selling recently and I don't know what to do with it. I thought I could buy the smallest package these guys offer since I don't care happens to that money.
My concern is that this thing might a ponzi scheme or some other kind of scam. I have the money to try it, but let's hear the opinions of you redditors first.
submitted by desperatesnowelf to personalfinance [link] [comments]

12-20 15:24 - 'There is mining rental. [link] / You legitimately rent some hashrate and point it to a pool. It's not profitable. Can be used to test something, buying like 6 hours of miner time.' by /u/jenny82ishere removed from /r/Bitcoin within 399-409min

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There is mining rental. [link]1
You legitimately rent some hashrate and point it to a pool. It's not profitable. Can be used to test something, buying like 6 hours of miner time.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: jenny82ishere
1: www.mini*g*igren**ls.*o*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

SBI, GMO to Rent Capacity at Massive Bitcoin Mine in Texas: Report - CoinDesk

SBI, GMO to Rent Capacity at Massive Bitcoin Mine in Texas: Report - CoinDesk submitted by Bitcoin_to_da_Moon to Bitcoin [link] [comments]

SBI, GMO to Rent Capacity at Massive Bitcoin Mine in Texas: Report

SBI, GMO to Rent Capacity at Massive Bitcoin Mine in Texas: Report submitted by Ranzware to BitNewsLive [link] [comments]

Renting warehouse/server space for a bitcoin mine in the Seattle area

I live in an apartment and want to start a bitcoin mine with 20 or so Antminer S9. Does anybody know of any companies that rent out server space that I can use my own hardware or any warehouse/storage companies that also provide power and internet? Preferably in the Seattle area.
submitted by twpryor to BitcoinMining [link] [comments]

Bitcoin Mining in 2019 - Rent ours or Colo yours [email protected]

Bitcoin Mining in 2019 - Rent ours or Colo yours chris@santoguitarusa.com submitted by santoterracomputing to u/santoterracomputing [link] [comments]

Kodak-branded KashMiner Bitcoin mining rig for rent wasn't -- and won't be

Kodak-branded KashMiner Bitcoin mining rig for rent wasn't -- and won't be submitted by replacebyfee to Buttcoin [link] [comments]

Since mining for bitcoins cost a lot of electricity, wouldn't it be easier to rent an apartment where the electricity is paid for to mine bitcoin? /r/Bitcoin

Since mining for bitcoins cost a lot of electricity, wouldn't it be easier to rent an apartment where the electricity is paid for to mine bitcoin? /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

@TechCrunch: Kodak-branded KashMiner Bitcoin mining rig for rent wasn’t — and won’t be https://t.co/Fu1QAu9Dmm by @riptari

@TechCrunch: Kodak-branded KashMiner Bitcoin mining rig for rent wasn’t — and won’t be https://t.co/Fu1QAu9Dmm by @riptari submitted by -en- to newsbotTMT [link] [comments]

@TechCrunch: Kodak-branded KashMiner Bitcoin mining rig for rent wasn’t — and won’t be https://t.co/Fu1QAu9Dmm by @riptari

@TechCrunch: Kodak-branded KashMiner Bitcoin mining rig for rent wasn’t — and won’t be https://t.co/Fu1QAu9Dmm by @riptari submitted by -en- to newsbotbot [link] [comments]

Kodak-branded KashMiner Bitcoin mining rig for rent wasn’t — and won’t be – TechCrunch

Kodak-branded KashMiner Bitcoin mining rig for rent wasn’t — and won’t be – TechCrunch submitted by bitnewsbot to bitnewsbot [link] [comments]

Kodak-branded KashMiner Bitcoin mining rig for rent wasn’t — and won’t be

Kodak-branded KashMiner Bitcoin mining rig for rent wasn’t — and won’t be submitted by leftok to atbitcoin [link] [comments]

My landlord is mining bitcoin on the property I rent. What do I do? /r/Bitcoin

My landlord is mining bitcoin on the property I rent. What do I do? /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

You can now rent a Kodak-branded bitcoin-mining rig — but you'll have to hand over half of the profits you make

You can now rent a Kodak-branded bitcoin-mining rig — but you'll have to hand over half of the profits you make submitted by Metabudder to CryptoCurrency [link] [comments]

Chinese man desperate for bitcoin mining hardware, rents entire internet cafe

Chinese man desperate for bitcoin mining hardware, rents entire internet cafe submitted by Egon_1 to btc [link] [comments]

Reasonable rent price for a mining space- Warehouse 200Amp 3phase 208 service? /r/Bitcoin

Reasonable rent price for a mining space- Warehouse 200Amp 3phase 208 service? /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

You can now rent a Kodak-branded bitcoin mining rig — but you'll have to hand over half of the profits you make – Business Insider

submitted by leftok to atbitcoin [link] [comments]

They Pay My Rent - Mining Rigs Tour - YouTube Mining Rig Rental 24 hrs later profit? NiceHash - How to Buy Hash Power - YouTube RentMining - bitcoin mining site  300Gh/s Free - YouTube How To Rent Cryptocurrency Mining Rigs - Mining Rig ...

Bitcoin free cloud mining or cloud hashing allows miners to buy mining power of hardware in data centers developed by mining companies. You can rent hardware for a fixed period of time. You can rent hardware for a fixed period of time. Welcome to rentmining, your one stop shop to Bitcoin mining. Here at rentmining we make Bitcoin mining simple and stress-free with no loud, expensive hardware to maintain and minimal fees. We do all the hard work for you, meaning you make profit quicker and easier. How Bitcoin Mining Works. Before you start mining Bitcoin, it's useful to understand what Bitcoin mining really means. Bitcoin mining is legal and is accomplished by running SHA256 double round hash verification processes in order to validate Bitcoin transactions and provide the requisite security for the public ledger of the Bitcoin network. RentAHash, found online at RentaHash.io, is a mining rig rental platform.Find out how it works today in our review. What Is RentaHash? RentAHash, or Rent A Hash, makes it easy to rent various crypto mining rigs, including Scrypt, Ethash, X11, SHA-256, and other miners.. You pay to rent the rigs online. You can view reviews and comments for some of the most popular miners on the platform ... iMiner Bitcoin's premier miner rental system. iMiner is a registered trademark in Turkey, which has more than 7 years of experience in Bitcoin mining and investing in the mining sector, and has now launched its own Minerals Rental Service.

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They Pay My Rent - Mining Rigs Tour - YouTube

This video is not a financial advise and I am just sharing about my experience in using Mining Rig Rentals platform for a week now. I already invested $300 in this platform in the hopes that I can ... Mining Rig Rental 24 hrs later profit?.. Hey guys quick update video on the MRR that I did a video on. I think we made out pretty good. Let me knw what you think. don't forget to check out the new ... Just want to show you guys my 2 mining systems that actually pays my rent. Luckly my rent isn't a lot :P *****... Mining Rig Rentals - Are They Worth It? Mining rig rentals are becoming a ever increasing popular way to pick up different coins that you may be interested in. A great resource can be found at ... In this tutorial I show you how you can purchase hash power in the NiceHash marketplace. Even if you don't plan on renting hash power all the time, I recomme...

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