My Bitcoin Mining Experience

Crypterium - cryptobank just launched token sales earlier today and i'm very excited to see what they do with their platform. The best part of this ICO is the cryptobank services that would be available in the normal brick and mortar banks, but now using blockchain. Bringing blockchain technology much more mainstream by providing services that people would expect from a bank into a completely digital space is very exciting! Here's some information you should know: What is a cryptobank ? A cryptobank is a new kind of bank that provides the same type of services as a traditional high street bank, but with cryptoassets such as a cryptocurrencies and tokens rather than everyday money we are used to seeing today (often referred to as fiat money). Cryptobanks provide a service-payment infrastructure; a communication between the crypto-world and the fiat-world, opening up an opportunity for users to pay in cryptoassets, and the merchant to receive funds fiat money for ser...

Paybase, the Paycoin platform for the use, purchase, and selling of XPY. Recently, the launch of GAW's Honor Program was to be released on Feb 1st, 2015. However, this was set back by an amount of time TBD (which i hope is disclosed sometime in the near future). GAW has made no statements about the completion of the launch for this program as of yet, and has a lot of users, even long time customers are selling off and quitting on GAW. I personally have had to sell off about 300XPY to make good on some of my investors, however i still hold over 200 XPY on the off chance that the launch happens in the near future and the $20 floor is upheld. The running price of 1 XPY is approximately $1.06 at the time of writing this. I'm not sure how this floor will be upheld, or the time frame they're shooting for to have this accomplished. Hashbase, the zenminer platform with a new face has had no update for a good deal of time. Many members have questioned GAW / Josh Garza with ...

The new miner from Zeus is upon us soon You'll be seeing a lot of new higher-speed scrypt miners coming out with similar power consumptions because of the newest generation chips. The new chips are much more power-efficient, and because of that you're going to cut operating costs to help increase revenue and rate of ROI. Statistics -300Mh/s @ 1000W -Next Generation Chips (1.2 Mh/s per chip) -Perfected heat and noise control -State-of-the-mining-art design -PSU not included -1200W modular 80PLUS Gold or Platinum PSU recommended -Worldwide delivery starting: End of Q4, 2014 -Shipping fees may apply -Import duty and taxes may apply ROI Whenever you look into a new miner, you need to realize the cycle until you reach your ROI (return on investment) to ensure you're not just chucking cash ...

Hashie.co is a bitcoin cloud mining platform with very standard features. If you've seen other cloud reviews I've done, this one won't wow you with features, but the price-point is pretty amazing and you get 10GH/S for free upon signup. Their current price is $4.90/10 GHS of hashing power, with a minimum of 20GH/S for buying more GH/S. My trial of this service is with the free 10GH/S and 20GH/S of purchased mining speed. The miners have capabilities to be renamed or merged (no merging the free hash power). No miner is currently transferable as of yet. They also include the option to "auto-buy" so the proceeds go to buying more hashing power based on a percentage you set. The dashboard pictured above, has little readouts for each miner on their current and past mining speeds. Handy, although there are statistics I would like to see implemented. For instance, seeing an estimated payout/hr or /day. Perhaps a total payout for each miner so you know how m...

What is BTCJam? BTCJam is a bitcoin investment and micro lending platform. You can either submit for a loan at a payment type and percentage that you choose, or you can browse loans and invest if you have some bitcoin in your wallet. The site is well put together and very easy to get started. How/why invest? Investing is great if you don't plan to spend your bitcoin any time soon, I like to think of it as "let it ride". When investing you can choose an investment and then invest however much you'd like, there's no minimum "buy in" to invest. How to get a loan? Investing is pretty straight forward, getting a loan however takes a bit of foot work. To get the service to allow you to post your loan you need to verify a good deal of personal information. For instance to get the bare minimum rating (alphabetic rating, like back in grade-school) to get a loan you'll need to verify your identity as well as your address. Now this is...