CPU mining profitability calculator - cpu-mining.info

Can start bitcoin mining if i have 14 older computers (like core 2 duo CPU's and integrated graphics) and i don't have to pay for electricity. will it work and make any money?

so at my school they keep the power on 24/7 and in my comp sci class there is a bunch of computers that aren't used because they only have 2 cores and integrated graphics. i see about 14 of them if i set all of them up and run nice hash will it work, and if so will it make any money?
submitted by artink2112 to Bitcoin [link] [comments]

Can start bitcoin mining if i have 14 older computers (like core 2 duo CPU's and integrated graphics) and i don't have to pay for electricity. will it work and make any money? /r/Bitcoin

Can start bitcoin mining if i have 14 older computers (like core 2 duo CPU's and integrated graphics) and i don't have to pay for electricity. will it work and make any money? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

/r/Bitcoin FAQ - Newcomers please read

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
For some more great introductory videos check out Andreas Antonopoulos's YouTube playlists, he is probably the best bitcoin educator out there today. Also have to give mention to James D'Angelo's Bitcoin 101 Blackboard series. Lots of additional video resources can be found at the videos wiki page or /BitcoinTV.
Key properties of bitcoin
Some excellent writing on Bitcoin's value proposition and future can be found here. Bitcoin statistics can be found here, here and here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. The number of times Bitcoin was declared dead by the media can be found here. Scaling resources here, and of course the whitepaper that started it all.

Where can I buy bitcoins?

BuyBitcoinWorldwide.com and Howtobuybitcoin.io are helpful sites for beginners. You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also, check out the bitcoinity exchange resources for a larger list of options for purchases.
Bank Transfer Credit / Debit card Cash
Coinbase Coinbase LocalBitcoins
Gemini Bitstamp LibertyX
GDAX Bitit Mycelium LocalTrader
Bitstamp Cex.io BitQuick
Kraken CoinMama WallofCoins
Xapo BitcoinOTC
Cex.io
itBit
Bitit
Bitsquare
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Android iOs Desktop
Mycelium BreadWallet Electrum
CoPay AirBitz Armory
Another interesting use case for physical storage/transfer is the Opendime. Opendime is a small USB stick that allows you to spend Bitcoin by physically passing it along so it's anonymous and tangible like cash.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy
Android Android
iOS iOS

Where can I spend bitcoins?

A more comprehensive list can be found at the Trade FAQ but some more commons ones are below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Steam, HumbleBundle, Games Planet, itch.io, g2g and kinguin For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, The Bitcoin Shop, Overstock, DuoSearch, The Bitcoin Directory and BazaarBay Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Cashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LivingRoomofSatoshi, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More #1, #2 Bill payment
Foodler, Menufy, Takeaway, Thuisbezorgd NL, Pizza For Coins Takeout delivered to your door!
Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flats For when you need to get away
BoltVM, BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun For new domain name registration
Stampnik and GetUSPS Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap, 99Bitcoins and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, Red Cross, Amnesty International, United Way, ACLU and the EFF. You can find a longer list here.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. Bitseed is an easy option for getting set up. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /Jobs4Bitcoins, Rein Project Freelancing
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
Watchmybit, Streamium.io, OTika.tv, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip, WillPayCoin Tasks
Supload.com, SatoshiBox, JoyStream, File Army File/Image Sharing
CoinAd, A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)

Bitcoin Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network, Amiko Pay, and Strawpay Payment channels for network scaling
Blockstream and Drivechain Sidechains
21, Inc. Open source library for the machine payable web
ShapeShift.io Trade between bitcoins and altcoins easily
Open Transactions, Counterparty, Omni, Open Assets, Symbiont and Chain Financial asset platforms
Hivemind and Augur Prediction markets
Mirror Smart contracts
Mediachain Decentralized media library
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
Samourai and Dark Wallet - abandoned Privacy-enhancing wallets
JoinMarket CoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)
Coinffeine and Bitsquare Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Bitmesh and Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium and Faradam Pay in real time for on-demand services
Abra Global P2P money transmitter network
bitSIM PIN secure hardware token between SIM & Phone
Identifi Decentralized address book w/ ratings system
Coinometrics Institutional-level Bitcoin Data & Research
Blocktrail and BitGo Multisig bitcoin API
Bitcore Open source Bitcoin javascript library
Insight Open source blockchain API
Leet Kill your friends and take their money ;)

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (mL) or millimetre (mm)
microbitcoin μBTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (μL) or micrometre (μm)
bit bit 1,000,000 per bitcoin Colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $500 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found here
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BinaryResult to Bitcoin [link] [comments]

/r/Bitcoin FAQ - Newcomers please read

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
For lots of additional video resources check out the videos wiki page or /BitcoinTV.
Key properties of bitcoin
Some excellent writing on Bitcoin's value proposition and future can be found here. Bitcoin statistics can be found here and here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. The number of times Bitcoin was declared dead by the media can be found here. Scaling resources here, and of course the whitepaper that started it all.

Where can I buy bitcoins?

BuyBitcoinWorldwide.com is a very helpful site for beginners. You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also, check out the bitcoinity exchange resources for a larger list of options for purchases.
Bank Transfer Credit / Debit card Cash
Coinbase Coinbase LocalBitcoins
Gemini Bitstamp LibertyX
GDAX Bitit Mycelium LocalTrader
Bitstamp Cex.io BitQuick
Kraken CoinMama WallofCoins
Xapo BitcoinOTC
Cex.io
itBit
Bitit
Bitsquare
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Android iOs Desktop
Mycelium BreadWallet Electrum
CoPay AirBitz Armory
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy
Android Android
iOS iOS

Where can I spend bitcoins?

A more comprehensive list can be found at the Trade FAQ but some more commons ones are below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Steam, HumbleBundle, GreenmanGaming, and Coinplay.io For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, The Bitcoin Shop, Overstock, Rakuten, DuoSearch, The Bitcoin Directory and BazaarBay Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg, TigerDirect and Dell For all your electronics needs
Cashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LivingRoomofSatoshi, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More #1, #2 Bill payment
Foodler, Takeaway, Thuisbezorgd NL, Pizza For Coins Takeout delivered to your door!
Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flats For when you need to get away
BoltVM, BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap For new domain name registration
Stampnik and GetUSPS Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap, 99Bitcoins and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, Red Cross, Amnesty International, United Way, ACLU and the EFF. You can find a longer list here.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. Bitseed is an easy option for getting set up. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
Bitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /Jobs4Bitcoins, Rein Project Freelancing
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
Watchmybit, Streamium.io, OTika.tv, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip, WillPayCoin Tasks
Supload.com, SatoshiBox, JoyStream, File Army File/Image Sharing
CoinAd, A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)

Bitcoin Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network, Amiko Pay, and Strawpay Payment channels for network scaling
Blockstream and Drivechain Sidechains
21, Inc. Open source library for the machine payable web
ShapeShift.io Trade between bitcoins and altcoins easily
Open Transactions, Counterparty, Omni, Open Assets, Symbiont and Chain Financial asset platforms
Hivemind and Augur Prediction markets
Mirror Smart contracts
Mediachain Decentralized media library
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
Samourai and Dark Wallet - abandoned Privacy-enhancing wallets
JoinMarket CoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)
Coinffeine and Bitsquare Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Bitmesh and Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium and Faradam Pay in real time for on-demand services
Abra Global P2P money transmitter network
bitSIM PIN secure hardware token between SIM & Phone
Identifi Decentralized address book w/ ratings system
Coinometrics Institutional-level Bitcoin Data & Research
Blocktrail and BitGo Multisig bitcoin API
Bitcore Open source Bitcoin javascript library
Insight Open source blockchain API
Leet Kill your friends and take their money ;)

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (mL) or millimetre (mm)
microbitcoin μBTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (μL) or micrometre (μm)
bit bit 1,000,000 per bitcoin Colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $500 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found here
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BinaryResult to Bitcoin [link] [comments]

/r/Bitcoin FAQ - Newcomers please read

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
For lots of additional video resources check out the videos wiki page or /BitcoinTV.
Key properties of bitcoin
Some excellent writing on Bitcoin's value proposition and future can be found here. Bitcoin statistics can be found here and here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. Scaling resources here, and of course the whitepaper that started it all.

Where can I buy bitcoins?

BuyBitcoinWorldwide.com is a very helpful site for beginners. You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also, check out the bitcoinity exchange resources for a larger list of options for purchases.
Bank Transfer / Credit card Cash
Coinbase LocalBitcoins
Gemini LibertyX
GDAX Mycelium LocalTrader
Poloniex BitQuick
Bitstamp WallofCoins
Kraken BitcoinOTC
Xapo
SnapCard
Cex.io
itBit
Bitit
Bitsquare
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Android iOs Desktop
Mycelium BreadWallet Electrum
CoPay AirBitz Armory
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy
Android Android
iOS iOS

Where can I spend bitcoins?

A more comprehensive list can be found at the Trade FAQ but some more commons ones are below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Steam, HumbleBundle, GreenmanGaming, and Coinplay.io For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, The Bitcoin Shop, Overstock, Rakuten, DuoSearch, The Bitcoin Directory and BazaarBay Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg, TigerDirect and Dell For all your electronics needs
Cashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LivingRoomofSatoshi, Wagepoint, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More Bill payment
Foodler, Takeaway, Thuisbezorgd NL, Pizza For Coins Takeout delivered to your door!
Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flats For when you need to get away
BoltVM, BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap For new domain name registration
Stampnik and GetUSPS Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, Red Cross, Amnesty International, United Way, ACLU and the EFF. You can find a longer list here.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
Bitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /Jobs4Bitcoins, Rein Project Freelancing
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
Watchmybit, Streamium.io, OTika.tv, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip, WillPayCoin Tasks
Supload.com, SatoshiBox, JoyStream, File Army File/Image Sharing
CoinAd, A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)

Bitcoin Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network, Amiko Pay, and Strawpay Payment channels for network scaling
Blockstream and Drivechain Sidechains
21, Inc. Open source library for the machine payable web
ShapeShift.io Trade between bitcoins and altcoins easily
Open Transactions, Counterparty, Omni, Open Assets, Symbiont and Chain Financial asset platforms
Hivemind and Augur Prediction markets
Mirror Smart contracts
Mediachain Decentralized media library
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
Samourai and Dark Wallet - abandoned Privacy-enhancing wallets
JoinMarket CoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)
Coinffeine and Bitsquare Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Bitmesh and Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium and Faradam Pay in real time for on-demand services
Abra Global P2P money transmitter network
bitSIM PIN secure hardware token between SIM & Phone
Identifi Decentralized address book w/ ratings system
Coinometrics Institutional-level Bitcoin Data & Research
Blocktrail and BitGo Multisig bitcoin API
Bitcore Open source Bitcoin javascript library
Insight Open source blockchain API
Leet Kill your friends and take their money ;)

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (mL) or millimetre (mm)
microbitcoin μBTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (μL) or micrometre (μm)
bit bit 1,000,000 per bitcoin Colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $500 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found here
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BinaryResult to Bitcoin [link] [comments]

/r/Bitcoin FAQ - Newcomers please read

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
For lots of additional video resources check out the videos wiki page or /BitcoinTV.
Key properties of bitcoin
Additional Bitcoin statistics can be found here. Developer resources can be found here and here. Peer-reviewed research papers can be found here and here. And of course, the whitepaper that started it all :)

Where can I buy bitcoins?

You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, more can be found here.
Here is a listing of local ATMs. Also, Lawnmower is also a handy way to make small recurring purchases of bitcoin. If you would like your paycheck auotmatically converted to bitcoin use Cashila or Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Here are a couple useful sites (bitkoin.io, preev.com) that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "be your own bank" and personally secure your bitcoins OR you can use third party companies aka "bitcoin banks" which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy
Android Android
iOS iOS

Where can I spend bitcoins?

Comprehensive lists can be found at the Trade FAQ or The Bitcoin Directory, some more commons ones are below.
Store Product
Steam, Disco Melee, HumbleBundle, GreenmanGaming, and Coinplay.io For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, The Bitcoin Shop, Overstock, Rakuten, DuoSearch and BazaarBay Retail shopping with millions of results
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
NewEgg, TigerDirect and Dell For all your electronic needs
Cashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LRoS, Wagepoint, Hyphen.to Bill payment
Foodler and Takeaway Takeout delivered to your door!
Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege and 9flats For when you need to get away
BoltVM VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap For new domain name registration
Stampnik and GetUSPS Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, Red Cross, Amnesty International, United Way, ACLU and the EFF. You can find a longer list here.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
You can also earn bitcoins by participating as a market maker to allow users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)

Bitcoin Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network, Amiko Pay, and Strawpay Payment channels for network scaling
Blockstream and Drivechain Sidechains
21, Inc. Open source library for the machine payable web
ShapeShift.io Trade between bitcoins and altcoins easily
Open Transactions, Counterparty, Omni, Open Assets, Symbiont and Chain Financial asset platforms
Hivemind and Augur Prediction markets
Mirror Smart contracts
Mediachain Decentralized media library
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
Samourai and Dark Wallet - abandoned Privacy-enhancing wallets
JoinMarket CoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)
Coinffeine and Bitsquare Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Bitmesh and Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium and Faradam Pay in real time for on-demand services
Abra Global P2P money transmitter network
bitSIM PIN secure hardware token between SIM & Phone
Identifi Decentralized address book w/ ratings system
Coinometrics Institutional-level Bitcoin Data & Research
Blocktrail and BitGo Multisig bitcoin API
Bitcore Open source Bitcoin javascript library
Insight Open source blockchain API
Leet Kill your friends and take their money ;)

Tipping

Use ChangeTip.com (/changetip) for tipping people on Facebook, Reddit, Twitter, YouTube, Tumblr, Google+, GitHub, Slack and more! (you can even use custom monikers to tailor your tip to the discussion or add a bit of humor). Read more about ChangeTip at their reddit wiki.

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (mL) or millimetre (mm)
microbitcoin μBTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (μL) or micrometre (μm)
bit bit 1,000,000 per bitcoin Colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $500 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found here
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BinaryResult to Bitcoin [link] [comments]

A letter to the IDW regarding Patreon and other social media CEO ideologues.

These past 3-4 years or so I've seen social media morph into something complete opposite of what they once were. Today I'm seeing it being pushed hard in coding and in the video game industry, all the way out to comics now. There is currently a war on social media (which is the obvious one), linux (which is an open source operating system), and in the online video game community. Linux could have huge repercussions depending on the outcome, as a lot of stuff we use is built with linux and a lot of businesses use linux because it's free.
Social media is obvious, so I'll spare sources on those.
Linux -- https://itsfoss.com/linux-code-of-conduct/
https://lulz.com/linux-devs-threaten-killswitch-coc-controversy-1252/
https://archive.fo/LogtF
Video if you don't want to read -- https://www.youtube.com/watch?v=v5VvJiNUCIA
Gaming -- https://www.oneangrygamer.net/2018/05/battlefield-v-has-gone-full-sjw-and-gamers-hate-it-spawning-notmybattlefield/59548/
https://www.gamerevolution.com/news/464567-battlefield-5-launch-party-criticisms
http://www.wolfsheadonline.com/blizzard-jumps-on-the-social-justice-and-identity-politics-bandwagon/
https://www.engadget.com/2018/10/04/blizzard-ceo-mike-morhaime/
https://www.youtube.com/watch?v=Wh0mKpzXf5A -- blizzard video
Luckily the gamer market is handling the SJW game developers
EA -- https://www.marketwatch.com/investing/stock/ea ($148 in July, $80 today. Almost a 50% drop)
Activision/Blizzard -- https://www.marketwatch.com/investing/stock/atvi ($83 in October, $47 today. Same as above)
All of this is beside the point, but i just want to give everyone a feel for how far this is spreading.
Now lets discuss what I came here to talk about which is blockchain technology. In my opinion, the issue we're seeing is centralized entities slowly evolve with or without the consent of the general public. What ends up happening over time is these companies begin to lose touch with their consumers and it begins to go unchecked essentially due to the attention economy arms-race. So at best, we have a system that will cycle and repeat itself via centralized entities. New company starts, slowly turns into ideologically driven company, turns into something user base doesn't like, new company starts to compete with ideologically driven company, repeat. Centralization is at the core of most of the issues we see today. This is why decentralization may be the only real long term solution, which is what blockchain technology offers in many areas.
When most people hear the word blockchain they think of bitcoin, which was the first blockchain that went live back in 2009. Bitcoin is a transfer of value from A to B, or digital cash. Since its inception it has been self-sustaining and publicly governed via the bitcoin Proof of Work protocol. In a nutshell, anyone can buy mining hardware and start mining for the blockchain. Miners validate transactions and provide security for the network (more hashpower = more expensive 51% attack ). Their incentive to do so is being rewarded with bitcoin. Every block they mine they get rewarded with a number of bitcoin. Thus creating a decentralized transfer of value with no corporation or government oversight, all the work is done by the public including updates to the protocol. Miners get to vote on BIPs with their contributing hashpower to the network.
The next step we've seen in the blockchain space was Ethereum which used the underlying blockchain technology of bitcoin, and create their own decentralized world computer essentially by adding in smart contracts/programming languages into the blockchain. This allows decentralized applications (dapps) entirely to be built on top of the blockchain, creating their own self-sustaining publicly governed applications. The most valuable things Ethereum has to offer are DApps and DAOs (decentralized autonomous organizations). What this allows is for the Ethereum network to have layers, the Ethereum protocol will have its own rules and protocols as far as governing/validating transactions for it, which is the layer 1. The DApps/DAOs will then have their own rules and protocols for the same things which is the layer 2 which is all determined by the DApp/DAO itself. I would like to give some DApps I think the IDW should look into certainly, then other stuff that's currently unusable or has a cool concept.
The first one is BAT Basic Attention Token/Brave Browser which is targeting the ad/attention economy, as well as patreon inadvertently. The brains behind all of this is Brendan Eich -- creator of javascript and founder of Mozilla Firefox. SJW culture had also already infected firefox which led to him getting fired.
Here is Brendan Eich giving the new decentralized attention economy rundown -- https://vimeo.com/209336437
The Brave Browser and the Basic Attention Token will work in a duo to get the current ad model back to sanity. Brave Browser blocks all ads/trackers natively. There is also very big emphasis on privacy beyond that built (or being built) into the browers. It is a fork of the Chromium (Google Chrome) software which will incentivize developers to build on it, while also allowing compatibility with addons -- though vetting process will not be the same. They have private tabs, TOR (Onion browser) tabs, and are currently working on a built in VPN for maximum privacy. Here are my Brave stats for ~1 year of use -- https://imgur.com/a/t3pWBP3
The BAT token comes in as the value for the decentralized ad ecosystem. Consumers will have the choice to opt in or out of ads on their system. If they choose to allow them, they will be rewarded with BAT tokens. The browser will help learn about what ads would specifically be valuable to you but not mine your data. Users will then give BAT back to their favorite content creators. I have personally participated in 5 separate payments throughout the year, right now they offer a lot of free promo BAT to give away so if interested definitely check out the Brave Browser and look in >Settings >Payments and you can mess around and earn free promo BAT tokens. You can send directly to websites, including specific YouTube channels.
List of all verified publisher websites -- https://batgrowth.com/publishers
Getting started on becoming a verified publisher -- https://brave.com/publishers/ -- The only two who I support that are verified are Bret Weinstein and Dave Rubin. I still send to other IDW channels though because they will be notified when they hit 100$ worth of tokens.
Whitepaper for much more technical overview -- https://whitepaperdatabase.com/basic-attention-token-bat-whitepape
E-commerce
The next area I want to talk about is e-commerce and blockchain. There are a couple I recommend looking into for invoicing on the blockchain. BitPay for bitcoin payments (not decentralized but usable today) and Request Network for Ethereum and dapp token payments. What they offer is decentralization and basically a "Pay with PayPal" button for cryptocurrencies. They also track all the backend stuff like date, time, how much was spent, etc. Standard invoice/auditing but on the blockchain. So you don't have to deal with all the hassle of tracking and organizing your payments for tax purposes. In the future a lot of the accounting work will be automated by Request Network or other alternatives via smart contracts. Bitcoin sadly doesn't offer smart contracts but we might see some interoperability in blockchain very soon. The REQ token will be used for governance of the protocol and processing Request Network transactions. Giving the people who are invested in it say in what happens with the protocol.
Detailed rundown of Request Network -- https://coincentral.com/request-network-beginner-guide/
Whitepaper -- https://request.network/assets/pdf/request_whitepaper.pdf
Both of these could be tools utilized today, though adoption is still in its very early stages. Now I will list other concepts that haven't fully emerged as usable but are either in alpha/beta/propriety closed development until done.
SingularDTV -- https://singulardtv.com/ -- Tokenize yourself. Make your own token that represents your work and have the public value it accordingly. Aimed to be a decentralized entertainment industry, it could impact anything from YouTube to Record/label companies in music.
https://www.youtube.com/watch?v=TQJeAE0KTnY -- YouTube video explaining the essence of this platform.
They will have a lineup of applications for different functions but the SNGL token will be used as the governance token. Tokit is the first application where you can hold a sort of crowdfund for yourself, which you are able to do today -- https://tokit.io/
Peepeth https://peepeth.com/welcome -- Censorship resistant blockchain based twitter alternative
Steemit https://steemit.com/ -- Value based posting reddit alternative
Aragon I've heard Dr. Peterson speak about an autonomous education system and I believe he could potentially build one with proper developers. There is a DAO that is dedicated to DAO startups called Aragon, which is what I immediately think of when I hear him talk about a new education platform. Something self sustained and self governed. I'm not nearly smart enough to try and solve any game theory behind this but it could definitely be a starting point. They have already assisted multiple successful DAO startups such as district0x which is a DAO where people vote on developments. One of the first developments voted for was Decentraland which is a blockchain based VR world where you own the in-game property via tokens. So if nothing else is appealing in this list then I would suggest starting to build a DAO of your own!
TLDR; Centralization bad, decentralization good. Blockchain offers tons of decentralization.
submitted by yosh579 to JordanPeterson [link] [comments]

[uncensored-r/Bitcoin] /r/Bitcoin FAQ - Newcomers please read

The following post by BinaryResult is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
reddit: /Bitcoin/comments/6jlop4
The original post's content was as follows:

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
For lots of additional video resources check out the videos wiki page or /BitcoinTV.
Key properties of bitcoin
  • Limited Supply - There will only ever be 21,000,000 bitcoins created and they are issued in a predictable fashion, you can view the inflation schedule here. Once they are all issued Bitcoin will be truly deflationary.
  • Open source - Bitcoin code is fully auditable. You can read the source code yourself here.
  • Accountable - The public ledger is transparent, all transactions are seen by everyone.
  • Decentralized - Bitcoin is globally distributed across thousands of nodes with no single point of failure and as such can't be shut down similar to how Bittorrent works.
  • Censorship resistant - No one can prevent you from interacting with the bitcoin network and no one can censor, alter or block transactions that they disagree with, see Operation Chokepoint.
  • Push system - There are no chargebacks in bitcoin because only the person who owns the address where the bitcoins reside has the authority to move them.
  • Low fee - Transactions fees can vary between a few cents and a few dollars depending on network demand and how much priority you wish to assign to the transaction. Most wallets calculate the fee automatically but you can view current fees here.
  • Borderless - No country can stop it from going in/out, even in areas currently unserved by traditional banking as the ledger is globally distributed.
  • Trustless - Bitcoin solved the Byzantine's Generals Problem which means nobody needs to trust anybody for it to work.
  • Pseudonymous - No need to expose personal information when purchasing with cash or transacting.
  • Secure - Encrypted cryptographically and can’t be brute forced or confiscated with proper key management such as hardware wallets.
  • Programmable - Individual units of bitcoin can be programmed to transfer based on certain criteria being met
  • Nearly instant - From a few seconds to a few minutes depending on need for confirmations. After a few confirmations transactions are irreversible.
  • Peer-to-peer - No intermediaries with a cut, no need for trusted third parties.
  • Portable - Bitcoins are digital so they are easier to move than cash or gold. They can even be transported by simply remembering a string of words for wallet recovery.
  • Scalable - Each bitcoin is divisible down to 8 decimals allowing it to grow in value while still accommodating micro-transactions.
  • Designed Money - Bitcoin was created to fit all the fundamental properties of money better than gold or fiat
Some excellent writing on Bitcoin's value proposition and future can be found here. Bitcoin statistics can be found here, here and here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. The number of times Bitcoin was declared dead by the media can be found here. Scaling resources here, and of course the whitepaper that started it all.

Where can I buy bitcoins?

BuyBitcoinWorldwide.com and Howtobuybitcoin.io are helpful sites for beginners. You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also, check out the bitcoinity exchange resources for a larger list of options for purchases.
Bank Transfer Credit / Debit card Cash
Coinbase Coinbase LocalBitcoins
Gemini Bitstamp LibertyX
GDAX Bitit Mycelium LocalTrader
Bitstamp Cex.io BitQuick
Kraken CoinMama WallofCoins
Xapo BitcoinOTC
Cex.io
itBit
Bitit
Bitsquare
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
  • If you prefer to "Be your own bank" and have direct control over your coins without having to use a trusted third party, there are many software wallet options here. If you want easy and secure storage without having to learn computer security best practices, then a hardware wallet such as the Trezor or Ledger is recommended. A more advanced option is to secure them yourself using paper wallets generated offline. Some popular mobile and desktop options are listed below and most are cross platform.
Android iOs Desktop
Mycelium BreadWallet Electrum
CoPay AirBitz Armory
  • If you prefer to let third party "Bitcoin banks" manage your coins, try Coinbase or Xapo but be aware you may not be in control of your private keys in which case you would have to ask permission to access your funds and be exposed to third party risk.
Another interesting use case for physical storage/transfer is the Opendime. Opendime is a small USB stick that allows you to spend Bitcoin by physically passing it along so it's anonymous and tangible like cash.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy
Android Android
iOS iOS

Where can I spend bitcoins?

A more comprehensive list can be found at the Trade FAQ but some more commons ones are below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Steam, HumbleBundle, Games Planet, itch.io, g2g and kinguin For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, The Bitcoin Shop, Overstock, Rakuten, DuoSearch, The Bitcoin Directory and BazaarBay Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg, TigerDirect and Dell For all your electronics needs
Cashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LivingRoomofSatoshi, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More #1, #2 Bill payment
Foodler, Menufy, Takeaway, Thuisbezorgd NL, Pizza For Coins Takeout delivered to your door!
Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flats For when you need to get away
BoltVM, BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap For new domain name registration
Stampnik and GetUSPS Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap, 99Bitcoins and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, Red Cross, Amnesty International, United Way, ACLU and the EFF. You can find a longer list here.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
  • 1-3% savings over credit cards or PayPal.
  • No chargebacks (final settlement in 10 minutes as opposed to 3+ months).
  • Accept business from a global customer base.
  • Increased privacy.
  • Convert 100% of the sale to the currency of your choice for deposit to your account, or choose to keep a percentage of the sale in bitcoin if you wish to begin accumulating it.
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. Bitseed is an easy option for getting set up. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /Jobs4Bitcoins, Rein Project Freelancing
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
Watchmybit, Streamium.io, OTika.tv, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip, WillPayCoin Tasks
Supload.com, SatoshiBox, JoyStream, File Army File/Image Sharing
CoinAd, A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)

Bitcoin Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network, Amiko Pay, and Strawpay Payment channels for network scaling
Blockstream and Drivechain Sidechains
21, Inc. Open source library for the machine payable web
ShapeShift.io Trade between bitcoins and altcoins easily
Open Transactions, Counterparty, Omni, Open Assets, Symbiont and Chain Financial asset platforms
Hivemind and Augur Prediction markets
Mirror Smart contracts
Mediachain Decentralized media library
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
Samourai and Dark Wallet - abandoned Privacy-enhancing wallets
JoinMarket CoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)
Coinffeine and Bitsquare Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Bitmesh and Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium and Faradam Pay in real time for on-demand services
Abra Global P2P money transmitter network
bitSIM PIN secure hardware token between SIM & Phone
Identifi Decentralized address book w/ ratings system
Coinometrics Institutional-level Bitcoin Data & Research
Blocktrail and BitGo Multisig bitcoin API
Bitcore Open source Bitcoin javascript library
Insight Open source blockchain API
Leet Kill your friends and take their money ;)

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (mL) or millimetre (mm)
microbitcoin ?BTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (?L) or micrometre (?m)
bit bit 1,000,000 per bitcoin Colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $500 for one Bitcoin, a $10 meal would equal:
  • 0.02 BTC
  • 20 mBTC
  • 20,000 bits
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found here
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

What was your biggest "missed the boat" regret with BTC?

I'm sure no one here can top the legendary 10,000 BTC for 2 Pizzas story (at least I hope not!) but now that BTC has smashed $7K I'm hoping someone can make me feel better about my blunder.
It was 2011, I was in college and scrapped up enough $ to build what I thought was a badass gaming rig (it was mostly older parts a generation behind). Intel Core 2 Duo Wolfdale chip, dual NVIDIA 9800 GT's, 4 GB DDR DDR2(!) RAM. I was a gaming god (in my eyes). I started reading about that new thing called "mining" bitcoin and did some calculations that with my rig running I would just barely break even based on electricity costs and the current BTC price (this was way, way before whattomine.com etc, had to do this stuff by hand). I downloaded the original miner app and wallet...and then thought about HEAT! I was in Georgia (USA). It gets hot as hell in the summer, and I realized I was going to have to live in the cloud of excess energy pumped out by my GPU's. So I never pressed the button...all because I didn't think about future me (and future BTC price). Ended up joining the military to pay the bills, no ragrets (for the most part).
Fast forward to a few months ago, I busted out my old pride and joy, fired up the 10K Velociraptor HDD (hey, SSD's weren't quite a thing 8 years ago) dug into my wallet.dat with my fingers crossed that maybe one drunken night I hit the go button and forgot about it. Nothing, a big fat 0.00000000 BTC staring back at me.
So go ahead and please top that! I know it won't be hard, but I need something to make me feel like not a complete and total buffoon!
submitted by zombiehog to Bitcoin [link] [comments]

[USA-CO][H]GPU's, Monitors, servers, 1366 mobo, 64bit phone case [W]amd cards, BTC, paypal

well I got some stuff to sell, shipping included unless local only (80023 broomfield co), prices obo but I may not budge much depending on the item.
-----wanted-----
paypal
local cash
bitcoin, ether, zcash

-----will only consider if it is a trade or amazing deal as my budget is short till i sell more-----

RX 480
RX 470
r9 290(x)
r9 390(x)
fury(x)
295 x2
pro duo
other computer related stuff.

-----items-----

2x evga gtx 980ti- $325 or $600 for both + hbw sli bridge (both acx 2.0+ one sc+)(would entertain trades for nice amd cards+cash)(would love to trade for highend amd card +cash or multiple cards)

ASUS HD 7850- $65 (never oc'ed light mining)(have a second one that has no display and a slight fan rattle that works for crossfire or mining -$45)

R9 270x- $75 replaced fan with 80mm delta. stays extremely cool and isn't overwhelmingly load (small OC, mined on)

Amd Firepro S7000 -AS IS- $80 beast of a workstation card and fairly rare it overclocked higher then any comparable chip I own. I believe I have pinpointed the issue (check pics) but I dont have the time or supplies to fix it once again sold as-is no returns I can go more in depth on request.

MSI Eclipse Plus X58 LGA 1366 motherboard- $120 (not much to say grab a nice cpu and oc it :D )

now for the 64bit phone case+a phone the case has a Jetway PICO NP93-2930 computer with a intel N2930 quad core 1.83 ghz cpu. it also has 2 gigs ddr3 ram and a 128 gig msata ssd. Additionally, it has a voltage converter and a lipoly low voltage cut-off with cuttof it opperates from 12.5v ish to 11v will include 1000 mah 3 cell lipo. the phone is a Chinese generic android. Im only selling this because I switched to a 64 bit zenfone 2 for the sake of portability but honestly this ran windows WAY better then the zenfone does. has 2012 server on it atm. feel free to ask away. -$200

-----local only-----

vizio m321i a2 monitosmart tv- $150 (1080p 120hz 32 inch this is the second one I have I currently use and enjoy the one on my main rig but I dont need 2 32 inch screens)

lg 920p monitor-$40 (details on request)

dell r900 server-$140 (4p 2.8ghz? 64 gigs ram additional details on request)( i also have another one missing cpu's raid controller a few fans and one of the two psu with only 48 gigs of ram i will let go for $80)

2x Cisco Pwr-rps2300 Redundant Power system-$40 each $60 for two (each includes 2 1150 watt power supplys)

?dell 2850?-$30 (sitting along time failed raid sold as is because of that)

corsair cx 550m-$40

corsair ax 750-$60

some pics-http://imgur.com/a/uRQ8Z

---sold---
NIB Intel 5820k-sold
gigabyte gtx 960-sold
EVGA gtx 750 ti-sold
asus gtx 770-sold
r9 280x-sold
r9 280-sold
hd 7970-sold
hd 7950-sold
zotac gtx 980ti-sold
1 vizio m321i a2 monitor-sold
Some BTC-sold
submitted by cdabc123 to hardwareswap [link] [comments]

XAYA: State Channels for Blockchain Gaming Universes

Hey all, I'd like to turn everyone's attention to a phenomenal ICO that is nearing completion and has ran under the radar for far too long.
XAYA is the first generation 3 blockchain geared towards blockchain gaming, and the only initiative in the niche with a proper solution to the cost, speed, and scalability issues that currently plague blockchain game.
Key Factors:
Token Economics:
Why gamers will use XAYA:
Why developers will use XAYA:
Lastly, a small batch of CHI is currently available on Liquid at a 15% discount as "Phase 1" of the crowdsale. This is the last time to buy CHI at a discount and there are only a couple hundred thousand $$ worth of CHI at this price.
If you have any questions about the project I'm happy to answer.
DISCLAIMER: I am an old Huntercoin player and long-time supporter of the project.
submitted by jeffthedunker to CryptoMoonShots [link] [comments]

[USA-CO][H] EVGA SR-X mobo, GPU's, servers, ram, ssd's, psu's, monitors, cpu's, 64bit phone case/mini computer [W]Paypal, Bitcoin, Cash, Amd gpu's

well I got some stuff to sell, shipping included unless local only (80023 broomfield co), prices obo but I may not budge much depending on the item. Bitcoin preferred. Minimum order $40.
-----wanted-----
paypal
local cash
bitcoin, ether, zcash

-----will only consider if it is a trade or grate deal as my budget is short till I sell more-----

RX 480
RX 470
r9 290(x)
r9 390(x)
fury(x)
295 x2
pro duo
other computer related stuff.

-----items-----

no post craping on this item unless you can find a cheaper one online

Pricing this one is abit on the difficult side but i figured i would start here and go from their.
This is a BEAST of a motherboard supports dual socket 2011 cpus and is the only mobo for this socket that will let you overclock them (bclk oc) I currently run dual e5-2670's on it and it handles every task i throw at it with flying colors. I have tested it with MANY operating systems including, 2008, 2008 R2, 2012 R2, win 10, ESXI 6.0 (majority of time), and Proxmox (basic testing) all of which it was COMPLETELY stable. However, this motherboard does have some damage in both of the sockets. socket 0 is missing 3 pins all of witch are redundant I believe they are all grounding pins. socket 1 is missing about 5 and some of those are redundent but some of them are related to dimm 4. dimm 4 of socket one does not work leaving you with only 11 out of the 12 dimms. This is the only damage that effects the functionality of the mobo the only other "damage" is VERY small and in no way effects the preformance or look of the mobo. Currently this is the only on I could find for sale anywhere and figured i would put it on the market in case anyone was interested. This is used in my daily rig and i use it for everything from virtualization to CAD and gaming with zero issues.

would like to keep until i sell the sr-x as its a important part of my main rig.

-----local only-----

some pics-http://imgur.com/a/Cuwda

---sold---
2x evga gtx 980ti-sold
NIB Intel 5820k-sold
gigabyte gtx 960-sold
EVGA gtx 750 ti-sold
asus gtx 770-sold
r9 280x-sold
r9 280-sold
hd 7970-sold
hd 7950-sold
zotac gtx 980ti-sold
1 vizio m321i a2 monitor-sold
Some BTC-sold
submitted by cdabc123 to hardwareswap [link] [comments]

Mined using a core2duo 2.5Ghz cpu in 2010 jan-may and hdd crashed, plz help!

Hello guys,
Quick question to you all, am a noob to btc, so please bear with me. I had a sony vaio FW core 2 duo, 4 gb ram, ATI Mobility Radeon HD 4650 w/512 MB of vRAM config laptop back in 2010 January.
I was in school for spring semester during that time, i came across bitcoin from some tech blog and downloaded the wallet, started the mining program(around jan-may 2011) and used to let it run all day while i was gone to school. I remember to mine it for a semester until one day, it crashed abruptly. I used typical windows recovery program and never paid attention to wallet meh.
After that, i never paid attention to mining and bought a mac in 2013(pushing the sony laptop to storage). Till date, i didnt throw away that laptop all these years. I do have it at my storage, i am not sure how many coins were there back in the day in that wallet and tbh i wiped that drive several times later on and even installed other windows os on there.
Is there still any hope left for me to recover that wallet from the hdd? last i remember the laptop was still running just fine.
I dont even know, if there were any coins mined at all but i do remember leaving my laptop run the mining program for days during that year.
Any suggestions in this regard will be of immense help, thanks.
submitted by wtfcarll to btc [link] [comments]

[USA-CO][H]980 ti's, r9 270x, 7850's, Monitors, servers, 1366 mobo, 64bit phone case, power supplys [W]amd cards, BTC, paypal

well I got some stuff to sell, shipping included unless local only (80023 broomfield co), prices obo but I may not budge much depending on the item.
-----wanted-----
paypal
local cash
bitcoin, ether, zcash

-----will only consider if it is a trade or amazing deal as my budget is short till i sell more-----

RX 480
RX 470
r9 290(x)
r9 390(x)
fury(x)
295 x2
pro duo
other computer related stuff.

-----items-----

2x evga gtx 980ti- sold for 600

ASUS HD 7850- $65 (never oc'ed light mining)(have a second one that has no display and a slight fan rattle that works for crossfire or mining -$45)

R9 270x- $75 replaced fan with 80mm delta. stays extremely cool and isn't overwhelmingly load (small OC, mined on)

Amd Firepro S7000 -AS IS- $80 beast of a workstation card and fairly rare it overclocked higher then any comparable chip I own. I believe I have pinpointed the issue (check pics) but I dont have the time or supplies to fix it once again sold as-is no returns I can go more in depth on request.

MSI Eclipse Plus X58 LGA 1366 motherboard- $120 (not much to say grab a nice cpu and oc it :D )

now for the 64bit phone case+a phone the case has a Jetway PICO NP93-2930 computer with a intel N2930 quad core 1.83 ghz cpu. it also has 2 gigs ddr3 ram and a 128 gig msata ssd. Additionally, it has a voltage converter and a lipoly low voltage cut-off with cuttof it opperates from 12.5v ish to 11v will include 1000 mah 3 cell lipo. the phone is a Chinese generic android. Im only selling this because I switched to a 64 bit zenfone 2 for the sake of portability but honestly this ran windows WAY better then the zenfone does. has 2012 server on it atm. feel free to ask away. -$200

-----local only-----

vizio m321i a2 monitosmart tv- $150 (1080p 120hz 32 inch this is the second one I have I currently use and enjoy the one on my main rig but I dont need 2 32 inch screens)

lg 920p monitor-$40 (details on request)

dell r900 server-$140 (4p 2.8ghz? 64 gigs ram additional details on request)( i also have another one missing cpu's raid controller a few fans and one of the two psu with only 48 gigs of ram i will let go for $80)

2x Cisco Pwr-rps2300 Redundant Power system-$40 each $60 for two (each includes 2 1150 watt power supplys)

?dell 2850?-$30 (sitting along time failed raid sold as is because of that)

corsair cx 550m-$40

corsair ax 750-$60

some pics-http://imgur.com/a/uRQ8Z

---sold---
2x evga gtx 980ti-sold
NIB Intel 5820k-sold
gigabyte gtx 960-sold
EVGA gtx 750 ti-sold
asus gtx 770-sold
r9 280x-sold
r9 280-sold
hd 7970-sold
hd 7950-sold
zotac gtx 980ti-sold
1 vizio m321i a2 monitor-sold
Some BTC-sold
submitted by cdabc123 to hardwareswap [link] [comments]

Mined in 2010 and hdd crashed

Hello guys,
Quick question to you all, am a noob to btc, so please bear with me. I had a sony vaio FW core 2 duo, 4 gb ram, ATI Mobility Radeon HD 4650 w/512 MB of vRAM config laptop back in 2010 January.
I was in school for spring semester during that time, i came across bitcoin from some tech blog and downloaded the wallet, started the mining program(around jan-may 2011) and used to let it run all day while i was gone to school. I remember to mine it for a semester until one day, it crashed abruptly. I used typical windows recovery program and never paid attention to wallet meh.
After that, i never paid attention to mining and bought a mac in 2013(pushing the sony laptop to storage). Till date, i didnt throw away that laptop all these years. I do have it at my storage, i am not sure how many coins were there back in the day in that wallet and tbh i wiped that drive several times later on and even installed other windows os on there.
Is there still any hope left for me to recover that wallet from the hdd? last i remember the laptop was still running just fine.
I dont even know, if there were any coins mined at all but i do remember leaving my laptop run the mining program for days during that year.
Any suggestions in this regard will be of immense help, thanks.
submitted by wtfcarll to Bitcoin [link] [comments]

WHAT IS SOOM?

Soom is a project developed to perfect the world's first Blockchain 4.0 platform ecosystem. This is also the first time in the world that a Blockchain platform is a practical application in everyday life with the combination of two algorithms Proof of Group Stake and Proof of Transaction is integrated directly into the Mobile Wallet .
Normally, the current blockchain platforms in the world still need at least 10 minutes to confirm for a transaction. This is the biggest obstacle for implementing blockchain in the areas of life. With the arrival of Soom, this problem seems to be solved with four breakthrough features:
The transaction speed is pushed down to 8 seconds, easy to apply in real payment
In Soom, each block is formed by 512 cells, also known as the chain, cells that will be randomly identified from the participants in the system. Processing algorithms will be divided equally for each cell to minimize duplication of results. This helps the algorithms in the ecosystem to optimize the processing time to the maximum (8s).
In addition, the required security in the payment platform will be maintained by the Space & Time algorithm - space and time. This value is defined with each cell in the block and stored directly in the blocks, thereby creating a completely random security basis, unable to grasp the rule to break.
Minimize transaction costs to the lowest level
By limiting the number of participants in the algorithm, it is thought that limiting unnecessary costs to results. This provides direct benefits to those conducting the transaction when the cost of payment is reduced to a minimum
Develop and complete Mobile Phone Minning
The Mobile Phone Mining system provides a practical and convenient value to anyone who owns the Soom virtual currency, allowing users to be able to mine directly on a mobile device without the need for a case array with " "Like other Crypto coins.
The basis for this is that Soom has adopted two Proof-of-group-stake and Proof-of-transaction algorithms to motivate people to take blocks, accelerate speed and transaction processing. , making every transaction simpler to perform on a mobile device anywhere.
Automatically collect, store and process Big Data
With Soom's blockchain 4.0 platform, blocks - Mobile blocks are aggregated into table blocks and arranged into space blocks based on content classification. For every 10 Moble blocks completed, create a table of blocks, for each of the 8 Blocks to form a Space Blocks. Each Mobile block is ordered by content through the MerkleRootHash function, which allows for faster processing of data to increase the ability to collect and store data when needed.
Dual security system
In addition to the same security features as other blockchain platforms, Soom also designed a dual security system to completely prevent attacks on the system during the exploit. blocks. The double security consists of a private key of the wallet used in the transaction and the private key of the Group. Group private key is executed during the grouping process. Group private key is made up of the public key of each group member and the current time value of the group - Current Time of Grouping, which is updated continuously every 8 seconds.
SOOM's BUSINESS MODEL
Soom will develop the following main business lines:
Blockchain as a Service (BaaS)
There are now a lot of companies that want to use blockchain with features designed specifically to fit the needs of the company. But not all companies have enough resources to design such a blockchain system. With the groundbreaking structure of the Soom Blockchain platform, it will allow the creation and maintenance of custom secondary blockchains supported by the mainnet.
Soom will provide this solution to all businesses of all sizes and industries that want to incorporate Blockchain technology into their business. This service is called Blockchain as a Service (BaaS).
Soom will also provide consultancy services such as modifying existing features or building additional custom functions to fit the needs of each customer. All feature requests will be made by Soom's leading engineers to ensure the maximum benefit and efficiency of integrating Blockchain technology into the customer's business.
Soom Wallet
In the first stage, Soom wallet acts as a secure and easy-to-use Soom coin storage device on mobile devices and computers.
When the Blockchain 4.0 platform becomes popular, the Soom wallet becomes the all-in-one purse that meets the needs of the user. All features of the Soom Wallet are developed with criteria to bring convenience to users.
⦁ Multi-currency: Soom wallet users have the choice and to store different types of blockchain assets without the hassle of having to switch between different types of wallet for deposit fees.
⦁ Dual Security System: Developed on the Blockchain 4.0 platform, the Soom wallet has superior security features Private key and Group private key.
⦁ Location Based Service: The Crypto industry lacks places - where electronic payment is accepted and even difficult to locate. Existing services like Coinmap and UseBitcoins.info are mostly outdated, and often lead to erroneous instructions that take time for the customer. Soom will provide the ability for stores to update their location on the Soom wallet map so customers can easily search.
⦁ Loyalty programs: All Soom Wallet users will receive discounts, promotions and media events from the stores they are interested in.
⦁ Crypto Exchange: In the future, Soom plans to incorporate the electronic money transaction feature directly into the Soom wallet. With the goal of making the transaction function fast, safe and completely free transaction costs.
⦁ Utility bill payment: payment of invoices is often done repeatedly by the user. Makes this feature a perfect candidate for the important feature of Soom Wallets. However, blockbusters in countries with blockchain restrictions make it impossible to integrate this feature in the next two to five years.
⦁ Merchant edition: Soom is developing and upgrading its version of Soom wallet to best suit the needs of the seller. Soom wallet Merchant Edition will include the following features:
⦁ Invoice Generation: As soon as the transaction is confirmed, the invoice will be automatically sent to the buyer's purse.
⦁ Big Data Analysis: Analyze data on customer behavior: favorite items, purchase time, payment levels, interest in promotions ... ⦁ Target by geographical location with Soom Duo: Sellers can send messages, notifications of discounts, special events to Soom Wallet users near the geographic location of the store. ⦁ System management: Soom wallet provides different levels of access to the wallet information of the store according to the managerial hierarchy: staff, team leader, director ...
Soom Pay
Soom Pay is a mobile payment company based in Korea, developed for the purpose of providing a comprehensive payment solution for merchant consumers across Asia. Sellers using Soom Pay will see transactions paid for in their local currency while the customer is a foreigner, and they will even use a wallet application in their home country.
Soom Pay is the first destination for tourists from China. In 2017, the number of Chinese tourists is 130 million, spending up to 260 billion dollars and 97 percent paid through mobile payment applications.
To meet the needs of Chinese tourists, Soom Pay has cooperated with major payment applications in China such as Alipay, Wechatpay, QQ, Unionpay Quickpass ...
Soom Pay's development team is also working with mobile payment service providers in Asian countries to expand the payment route portfolio and provide its services to many merchants and travelers. along with all the consumers around the world.
By combining multiple mobile payment systems, Soom Pay aims to create a viable alternative to credit card transactions with more advantages.
⦁ Foolproof Security: cancel the fake credit card, protect personal information ⦁ Fast Transaction: fast transaction authentication time, international transactions occur almost immediately ⦁ Low Transaction Fee: no fee for bank or third party, international transaction fee is very low ⦁ Suitable for Everyone: Benefit both the seller and the buyer, suitable for those who do not have a bank account
In the latest polls, the main reason behind the fact that sellers and shopkeepers accept electronic money as a low-paying method in addition to lack of confidence are the main reasons that complex interfaces are difficult to use. Much more than conventional POS terminals.
To incorporate a simpler interface to make the experience easier for the user, Soom has developed its own terminal on the Blockchain 4.0 platform. The device is named X-POS. X-POS has many advantages for both cash and credit cards, integrated using QR code, integrated with Soom wallet, sellers can process and record transactions in cash, credit card or electronic money, digging coin Soom ...
By combining the advanced features of Blockchain 4.0 and Soom wallet with the widespread adoption of Soom Pay and X-POS, Soom Pay makes it possible for anyone to pay with any mobile payment application. or any electronic money anytime, anywhere.
BIGGEST AIRDROP !
The SOOM Foundation plans to use 400 million coins for the Airdrop program to build the community and trust of donors, the largest airdrop program ever built on Crypto history. Coin will be distributed under the supervision of the SOOM Foundation.
Each member of Soom's Airdrop program will receive at least 10 Soom Coins worth up to $ 10. To join Soom's Airdrop program simply follow these steps:
⦁ Step 1: Download the Soom application on your mobile phone:
⦁ Android: https://play.google.com/store/apps/details?id=core.soomcoin.wallet&hl=en&referrer=27af6436
⦁ IOS: https://itunes.apple.com/US/app/new-숨코인-soomcoin-wallet/id1420371656?mt=8
⦁ Step 2: Take steps to create wallet
⦁ Select "Create new wallet" if you are using one or select "Wallet restore" -You have created a wallet before. Copy your recovery code line and save it for use when you want to recover your wallet.
⦁ Select the country of residence.
⦁ Phone number verification
⦁ Step 3: Enter the referral code, this is captured so you get 10 coin
⦁ Referral Code: 27af6436 ⦁ Select "Next" to finish
⦁ Step 4: Check the prize money
⦁ Step 5: In the Balance section, select the share icon on the right of the screen to get your referral code and referrals to friends.
With each friend you download Soom, you will receive 2 Soom coin, your friend receives 10 Soom coin.
When your friend introduces new people, you receive one more coin.
Please introduce yourself to your friends help them get 10 Soom coin.
Soom coin was listed on IDCM at 13h00 on 27/08/2018.
Roadmap of the Soom project
⦁ 11/2017: Foundation of the SOOM Foundation in Switzerland ⦁ 12/2017: Blockchain 4.0 International Conference on Jeju Island Launched the first version of SOOM Wallet ⦁ Launch pre-sale round
⦁ 2/2018: Blockchain Ecosystem Workshop 4.0 in Macao, China ⦁ Blockchain Ecosystem Workshop 4.0 in Hanoi, Vietnam ⦁ Blockchain Ecosystem Workshop 4.0 in Phnom Penh, Cambodia
⦁ 4/2018: Blockchain 4.0 Ecosystem Workshop in Beijing, China ⦁ Blockchain Ecosystem Workshop 4.0 in Tokyo, Japan
⦁ 6/2018: Blockchain International Technology Forum in Beijing, China ⦁ Summary of pre-sale
⦁ 7/2018: First Wallet Upgrade ⦁ 8/2018: SOOM Coin on the electronic money trading platform: IDCM, Coinexchange ... ⦁ Blockchain service contract with KDDI Recuit Blockchain research cooperation contract with world leading universities: LA California State University, University of Tokyo, Waseda University, Konkuk University, Chosun University)
⦁ 9/2018: Introduction to Contents CR (Creative Rocket) ⦁ Blockchain Development Agreement with the Korean Dental Association
⦁ 10/2018: Supply contract with Yamoto, MX Mobiling
⦁ Quarter 4/2018: Test-net test run ⦁ Blockchain Ecosystem Workshop 4.0 - Jeju Island ⦁ Launched SOOM Miner ⦁ Open Blockchain Test-net for Changchun Logistics System in China
Q12019: Main net launch ⦁ Upgrade to the second Wallet
Q 2/2019: Launch of X-POS in Asia
⦁ Quarter 3/2019: Big Data / Collection and Analysis of Customer Information ⦁ API / Release Guide Launched the SOOM Crypto Exchange
⦁ Quarter 4/2019: X-POS worldwide release ⦁ Launched SOOM Mobile Phone
DEVELOPMENT TEAM AND CONSULTANT OF THE PROJECT
The SOOM development team consists of 9 people
⦁ Park Ki-Eob (founder and CEO): A businessman with more than 20 years of pioneering mobile communications. He was the CEO and CEO of Penta Tech and Founder of GeoFencing Tech. ⦁ Son Young Uk (CTO): Former Director of Kantech Telephone Entry System - KTES and KMW (Korea). ⦁ Hashimoto Yuki (CIO): He worked at Nishiba and was the CEO of Mobile service Jakonnet. ⦁ Ryu Sam Yul (CMO Marketing Director): is president of Pusan ​​MBC and KCTA. ⦁ Park Jon Seb (Chief Financial Officer - CFO): CEO of Mobione technology and G.A. Holdings Korea. ⦁ Antoine Guinot (Project manager): Master's degree in computer science and energy systems engineering. Has managed many projects in France, Korea and the United States. ⦁ Brian Um (Legal consultant): Over 14 years of experience in international business law matters. ⦁ Mital Malani (Developer): CTO of Global Lotteria Nigeria; IT Director at Shenzhen Vetron Technology and Matrix Asia Pacific. ⦁ Park Heung Soon (Developer): CEO Erise and director at Igo
The advisory group has 7 members
⦁ Henry Kim: CEO at Coca Cola Nestle Refreshments. ⦁ Ma Zhen Xuan: Chairman of the Qiao Yuan Public Diplomacy & Culture Exchange. ⦁ Piao Cheng Xiong: CEO of Wei Song Chuang Zhi. ⦁ Park Yong-duk: President of the Korea Convergence Society. ⦁ Tina Hoang: AGC Capital Investment Fund. ⦁ Morita Yoichi: Director of CSK Network Systems and a representative of SBC. ⦁ Liu Yi Liang
The project is implemented by Soom Foundation
Soom Foundation is a Swiss-based nonprofit that is monitored and supported by the Swiss Federal Agency. The investment is aimed at building and developing the Blockchain ecosystem for real-world applications, becoming the first Blockchain 4.0 platform in the world.
Founded and operated by Park Ki-Eob, a businessman with more than 20 years of pioneering mobile communications.
Soom Foundation has two other subsidiaries, Soom Blockchain based in Singapore and Soom Pay based in Korea.
CONCLUDE
According to the Roadmap, this project will be listed on the IDCM in August, ad also checked, IDCM floor has officially announced the opening of SOOM / BTC trading session from 27/8. Information about the development team and the project advisor is also impressive.
This is also an in-depth development project when they announce on their roadmap about running Testnet and Mainnet network tests. If anyone does not know, the electronic money and blockchain projects that really want to become the real platform will need to release their own Mainnet otherwise the coin is only running on the blockchain platform of the co-platform. Like Btc or Eth only.
Whitepaper writes in great detail both in engineering and business models and in the development of the Blockchain 4.0 ecosystem, demonstrating that the development team and consultant are thoroughly researched on the current blockchain technology and its shortcomings.
At present, the project has been implemented to build the Blockchain 4.0 ecosystem with its business models.
⦁ Prepare to sign a development contract, Blockchain study for KDDI Recuit companies, Korea Dental Association, LA California State University, University of Tokyo, Waseda University, Konkuk University, Chosun University BaaS case. ⦁ Soom Pay has cooperated with major payment applications in China such as Alipay, Wechatpay, QQ, Unionpay Quickpass ... ⦁ Prepare to sign a contract with Yamoto and MX Mobiling
It should also be noted that this project is run by the Swiss-based Non-Profit Investment Fund SOOM Foundation and is monitored and supported by the Swiss Federal Agency. Ad appreciates this because at present the project claims no ICO or public sale, they only made the first round of pre-sale from the first quarter of this year and sold 30 million SOOM coin.
In addition, the project will bring Airdrop up to 400 million coins for the community, which will greatly assist the project in marketing.
submitted by icoinformation to Soomcoin [link] [comments]

How To Build a Crypto GPU Mining Rig With $1000 or Less ... how to mine for bitcoin core Installing A Bitcoin Core Full Node - Cryptocurrencies and ... Bitcore Mining Tutorial deutsch - Bitcoin mining deutsch Bitcoin Core

Start mining crypto currency today with our gpu and asic miners for bitcoin and altcoins like ethereum, zcash, dash, monero, litecoin and others.Host your mining farm with us in Europe and benefit from super low electricity costs and maintenance.Start mining crypto currency today with HashCore. If you are looking for something basic, a Celeron G3900 processor and Core 2 Duo E7300 CPU for P45, P43, and P35 based rigs can support a basic Z270 configuration. An Athlon X3 445 is a good choice for AMD platforms with 970A chipset. Multiprocessors (Intel Core i3, i5, i7) CPUs for Z270 are also a good choice especially if you are mining on the Cryptonight algorithm such as Monero. CPU mining with old Core 2 Duo. Mining-Staking. Hi! Would it be worth to CPU mine (for example Monero) with old laptop that has a Core 2 Duo processor? 5 comments. share. save. hide. report. 100% Upvoted. This thread is archived. New comments cannot be posted and votes cannot be cast. Sort by. best. level 1 . Altcoiner. 3 points · 3 years ago. No. level 2. Original Poster 2 points · 3 years ... Can start bitcoin mining if i have 14 older computers (like core 2 duo CPU's and integrated graphics) and i don't have to pay for electricity. will it work and make any money? so at my school they keep the power on 24/7 and in my comp sci class there is a bunch of computers that aren't used because they only have 2 cores and integrated graphics. i see about 14 of them if i set all of them up ... Based on the Z270 motherboard above, an ideal processor would be the Celeron G3900 and Core 2 Duo E7300 CPU. Ensure that the processor you opt for works well with the motherboard. If you are looking to mine coins based on the Cryptonight algorithm, for example, Monero, then Intel Core i3, i5, or i7 should work fine. Step 4 – The More RAM, the Better. Ensure that you have at least 4GB of RAM ...

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How To Build a Crypto GPU Mining Rig With $1000 or Less ...

Produced by https://CryptoCousins.com: On this episode we install a Bitcoin Core Full Node. Watch as we figure out the process. Join Tony Cecala and Gary Lel... 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... 🍓 Best Bitcoin Mining Software That Work in 2020 🍓 - Duration: 5 ... 2018 03 04 How to Use the Bitcoin Core Wallet Part 2 - Duration: 7:20. Thomas Wayne Hatcher 173 views. 7:20 . Letting go ... This is an experiment using an AntMiner S9 in a fishtank! Please know that this is an experiment and is solely for learning and experimentation purposes. The... How to run Bitcoin Core 0.9.2.1 on external Hard Drive - Duration: 11:04. MrCluster87 11,117 views. 11:04. Hydrogen Fuel Cell Cars Aren't The Dumbest Thing.

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