|submitted by Crypto_To_The_Core to Buttcoin [link] [comments]|
|submitted by dr-Ryn to Bitcoin [link] [comments]|
submitted by forbeschain to u/forbeschain [link] [comments]
With the success of bitcoin, the currency circle has officially entered the "bull market cycle", but many friends are complaining that it is more and more difficult to earn money in the currency circle. Indeed, today's futures have been reduced to leek harvesters, and Shanzhai coins are half dead under the hard support of the project side, while the big model coins of the great fire of 19 years have disappeared. Many people will ask why the 17-year ICO, 18-year IEO and 19-year model currency will not be seen until 2020 without strong policy intervention. It's not hard to understand. The reasons are as follows:
1., after 17 years of super bull market, the past 3 years are in the bubble stage.
After being cheated countless times, leek is more cautious about new projects. The era when a white paper and an official website can circle money is gone forever.
2. The blockchain project is difficult to land and has no physical support.
In the currency circle, no matter what projects boast heaven, unlike industry, there is no sustained hematopoietic capacity, and ultimately only to end up with zero.
3. All model coins are Ponzi schemes.
Not to mention model currencies, all models are pyramid pyramid schemes, which reward the first arrivals with the money of the latecomers. The bigger the bubble, the collapse is only a matter of time.
Is it true that the currency circle is so dead that there is no hope? If you really want to start a new craze in the currency circle, the top 3 problems must be overcome. That is to say, if there is a project that can control risks without bubbles, there is physical support, without pyramid schemes, it will be a long and steady way to make money.
Before that, there must be some people who say it's a dream. After the epidemic, the state vigorously supports the enterprises to revive the economy. However, in reality, it's very difficult for entities to do it, let alone blockchain projects. As a result, I noticed a project called Forbes. After studying the white paper, I suddenly felt that like discovering a new continent, unlike any project I have ever seen, this project has perfectly realized the above vision! Let's explore it with curiosity and see what kind of immortal project it is.
1、 0 raise funds, start the fund only by regular mining business
First of all, Forbes project is 0 fund-raising. Note that there is no fund-raising at the beginning, which eliminates the possibility of encircling money. Before the introduction of Forbes project token GFS, only bitcoin mining business was started. This bitcoin mining seems to be impossible. What does this have to do with the project itself? Let's explain later. First of all, mining business. Forbes first launched the "miner Alliance Plan". If you want to participate in it, you only need to pledge the deposit to purchase computing power or mining machines, and you can continue to get mining profits. Note why the project risk is controllable. The key points are:
In this way, in the early stage of Forbes project, users can participate in bitcoin mining through 100% deposit return, and earn mining profits with little risk. If it's just mining, Forbes can't make a big impact on the currency circle. After all, there are two problems. One is that the cycle is too long; the other is that there is no promotion model. Although the model coins of the 19-year fire are all the end of collapse, the reason for the fire is that there are models to see how Forbes breaks.
2、 Static and dynamic dual mode, the fuse is on fire
As mentioned above, the return cycle of buying deposit for mining machine is as long as one year, which may deter many people. Forbes has designed two modes. If you don't do anything after buying the miner, you can only make money slowly through the deposit released every day and the income generated. At present, the annual income is about 180%, which is called static mode. If you want to make money quickly, Forbes has designed a dynamic model.
In dynamic mode, there are three modules.
In addition, it should be noted that the funds released here are the sum of deposit and income, not only the deposit!
In Forbes' promotion model, all these promotion rewards are only the release of your principal and income, not the money from your family. This is different from other MLM project core elements!
In other words, it would take a year to release the principal and mining income without doing anything at all, but if I promote, it can greatly increase the speed of capital recovery and income generation. When the promotion reward reaches the sum of the deposit and income that should have been obtained, the promotion reward is no longer effective.
Some may say that I have worked so hard to build such a large community. It is not worth it just for the principal and about 180% of the annual mining income. In fact, when the deposit and income are released completely, you can choose to re invest again, so that the promotion reward can be released all the time.
Someone will ask again, the income of bitcoin mining is uncertain every day, why is the release associated with the expected future income? Forbes expects mining bitcoin's annual revenue to reach 180%, far higher than other mining pools. Where does the capital come from?
It is very important to explain this problem, because Forbes is a pure entity, no bubble project, and there can be no Ponzi scheme.
3、 Forbes takes the overall situation and the final project vision is to realize distributed finance.
have ulterior motives. It would be a mistake to think that Forbes is just a new exploration of the mining model. What the project really wants to achieve is the landing of cross chain technology and the first echelon of distributed finance.
"Forbes miner alliance" is only the first step. With the launch of the main network, many node ecology gathered through mining will suddenly have a place to play, which to play, invincible. As we all know, the most popular concept of blockchain is difi (distributed Finance), which is also the field that Ethereum 2.0 will further explore in the future. What Forbes really wants to build in the future is to win the crown of decentralized finance and become the "UnionPay" of the currency circle.
Then when the Forbes ore pool is mature, Forbes will launch the main network and token GFS, and the output of GFS can only be obtained by purchasing a special miner. Because participating in the early bitcoin mining is also equivalent to contributing to the node ecology, users can choose to convert the mining revenue into GFS vouchers during the miner alliance period, and after the main network line, they can map to the main network token one by one. If we are optimistic about the future of GFS, it is a good choice to exchange mining income into GFS voucher in advance.
Of course, it is still the saying that the Forbes project is real, real landing, zero risk, no bubble. Unlike other deceptive projects, which will forcibly exchange the proceeds into the project token, the users can freely choose to exchange the mining proceeds for GFS, and they can also freely choose to purchase GFS mining machines in the future. It doesn't matter if you don't look forward to Forbes project. It's good to make bitcoin mining money in a safe and stable way. After all, everyone's cognition is different and their risk tolerance is different.
For me, such a solid project is hard to see in the currency circle. Forbes is not only real, but also does not adhere to the traditional entity mining, and the innovative introduction of no foam promotion mode. It can be predicted that this mode is sustainable development, and even I look forward to challenging the top mines of bitcoin. The earlier I participate in the project, the more meat I can eat. This is the essence of my participation in many projects. My mining income has been converted into GFS certificate almost the first time. After all, Forbes project has just started, facing a vast ocean to be developed.
submitted by MyCatIsAnAsshole_ to AskReddit [link] [comments]
|submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]|
|submitted by imaginary_username to btc [link] [comments]|
submitted by urlradar3 to heryerdeonline [link] [comments]
submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]
|submitted by Abdulajees to bitcion [link] [comments]|
submitted by wealthwithless to wroteabook [link] [comments]
|submitted by Miner_Baker to u/Miner_Baker [link] [comments]|
submitted by raaner12 to Altcoinss [link] [comments]
One of the biggest challenges to determining precise Bitcoin mining profitability is a mining operation’s geographic location. Places that have high electric costs and warmer environments can make it much harder to achieve a solid ROI. Locations with cheaper electric costs and cooler environments at least make profitability a possibility. After setting up the Bitcoin mining rig and installing a Bitcoin mining software, find a good hash and it can immediately earn $42, which is already a lot of money. If this amount is multiplied by 30, the monthly earnings from Bitcoin mining would be $1,260. If this continues, the annual profit from Bitcoin mining would be $15,120. How Bitcoin Mining Works. Where do bitcoins come from? With paper money, a government decides when to print and distribute money. Bitcoin doesn't have a central government. With Bitcoin, miners use special software to solve math problems and are issued a certain number of bitcoins in exchange. At some point, you will start making good money from bitcoin mining. Hopefully, that point has come already. But ultimately, what matters is what you do with that money. Chances are you're not mining as a full-time thing. You do it in your spare time for some extra cash. Well, that extra cash can become a goldmine. You may not have any experience investing in any market, but these days you no ... The quirks of Bitcoin mining economics means that no matter what Bitcoin prices do, you’ll always be better off just buying the equivalent amount of Bitcoin instead of trying to invest that money in a mining scheme. Even if they’re not technically scams, it’s a mathematical fact that all “legitimate” Bitcoin cloud mining businesses ...
[index]          
Bitcoin and cryptocurrency mining explained with the Byzantine Generals Problem. We use it to explain the essence of cryptocurrency mining. https://www.udemy... Some Helpful Links: • Buy Parts for a Mining Rig: http://amzn.to/2jSSsCz • Download NiceHash Miner: https://www.nicehash.com/?p=nhmintro • Choose a Wallet: h... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X IMPORTANT!! This method only illustrates how mining works. You will not make any money f... This video goes over my 7 day 1 week Bitcoin Mining experiment. I let my computer Mine for Bitcoin for a week straight, to see how much money I could generat... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X While there are many ways you can make money with Bitcoin in the end there are no free m...