Bitcoin India

Kraken Adds Dash - Bitmain Debuts New Litecoin Mining Hardware - Bitcoin in India: Govt. Forms Committee to Study Virtual Currency Framework - Blockstream Hires Ex-BTCC Exec in Global Market Push - CryptoCompare Adds Public Portfolios

submitted by cryptocompare to cryptocompare [link] [comments]

India: Blockchain And Data Privacy: An India Perspective

Link to Mondaq: https://www.mondaq.com/india/fin-tech/978488/blockchain-and-data-privacy-an-india-perspective

A. Introduction

As a sequel to the first paper of Blockchain & Law article series titled 'A New Digital Order - Unveiling the Interplay of Law & Blockchain Technology', this paper explores the inter-operability of India's data privacy regime and blockchain technology. In this regard, recording of a webinar conducted on 'Blockchain & Data Privacy: An India Perspective' by the AKS Partners can be viewed on YouTube here.

B. Data privacy in India

Constitution of India

Article 21 of the Indian Constitution is a comprehensive, all-encompassing provision that inheres within itself basic, fundamental rights that are absolutely essential to the existence of a human being with dignity and personal liberty. In the judgment of K.S. Puttaswamy v. Union of India,1 a nine-judge bench of the Honourable Supreme Court of India held that the right to privacy falls within the contours of Article 21 and is incidental to life and personal liberty. This right to privacy includes the right to data protection and privacy.

Information Technology Act, 2000

In India, data privacy is governed by the Information Technology Act, 2000 ("IT Act") and the Information Technology (Reasonable security practices and procedures and sensitive personal data or information) Rules, 2011 ("SPDI Rules"). Sections 43A (Compensation for failure to protect data) of the IT Act provides a statutory right to a data provider to claim compensation for unapproved disclosure of information (including in breach of a contract). Under Section 72A (Punishment for disclosure of information in breach of lawful contract) of the IT Act, wherever any person including an intermediary discloses information obtained under a lawful contract without consent shall be punished with imprisonment or with fine or both.

SPDI Rules

The SPDI Rules constitute a set of basic obligations to be adhered to in circumstances where sensitive data is being collected. It may be noted that the SPDI Rules apply only to 'Sensitive Personal Data or Information'.2 The SPDI Rules lay down guidelines for collection (Rule 5) and transfer of information (Rule 7) and also mandatorily require body corporates to adopt and implement a policy for privacy and disclosure of information (Rule 4).
On 24 August 2011, the Ministry of Electronics and Information Technology issued a clarification to the SPDI Rules ("Regulatory Clarification"). The Regulatory Clarification states that the SPDI Rules are applicable only to body corporates or persons located within India. Also, where a body corporate deals in data of any legal entity located within or outside India under a contractual arrangement, the SPDI Rules pertaining to collection (Rule 5) and disclosure of information (Rule 6) would not apply. It was also clarified that requirement to obtain written consent under Rule 5(1) of the SPDI Rules includes electronic consent as well.

The Personal Data Protection Bill, 2019 ("Bill")

The Bill is inspired from and is in many ways a replica of the European Union's General Data Protection Regulations ("GDPR"). The Bill lays down several provisions including in relation to crossborder transfer of data, sandboxing, privacy by design and introduces a more robust set of obligations for entities handling sensitive personal data. The Bill is currently pending before a Joint Parliamentary Committee. The Bill applies to and categorises data into 'Personal Data', 'Sensitive Personal Data' and 'Critical Personal Data'.

Sectoral regulations

Regulated sectors such as telecom and financial services have separate obligations of confidentiality which restricts disclosure and transfer of customer personal information and mandates use of such information only in the manner agreed with the customer. Certain sectoral regulators (like Reserve Bank of India) also mandate data localisation.

C. Blockchain technology and data privacy

For details on the working of a blockchain network, please refer to our previous paper here.
Coverage
The Bill defines 'Personal Data') as 'data about or relating to a natural person who is directly or indirectly identifiable'. This means where the origins of the data cannot be traced down to a natural person, the data would cease to be 'Personal Data'. Resultantly, storing the data in a manner where it cannot be traced to a natural person (including by introducing and implementing robust methods to address re-identification risks) may prove beneficial in reducing a blockchain network's interaction with data privacy regulations (such as by encryption or anonymisation of Personal Data).
Public v. Private Blockchain
Private blockchain which restricts and regulates network participation appears to be a more preferable fit when it comes to ensuring compliance with data privacy laws. Public blockchains with permissionless borders pose greater difficulty in procuring every participant to agree on and comply with relevant rules on protection of personal data.
Stakeholders
The Bill identifies three categories of stakeholders (similar to GDPR) viz. Data Principals, Data Fiduciary and Data Processor. The SPDI Rules only provides for data provider and body corporate or person collecting data. The term 'Processing' has been defined to include collection, storage, retrieval, adaptation, disclosure etc. (Section 3(31)). Accordingly, any data stored or transmitted on blockchain will amount to processing.
Blockchain network is a decentralised system with each node / miner (i.e. network participant) spread all over the world. There is no clear demarcation between a Data Principal and a Data Fiduciary or a Data Processor over a blockchain network. The way the network functions, no single person can be said to be in-charge of the network thereby making it all the more problematic for regulators to fix the compliance burden on a party. Accordingly, the question of determining the identity status and fixing liability of various participants attains significance and complexity over a distributed ledger network like blockchain.
Each node over the network functions as a Data Processor on account of participation in the verification of the data. At the same time one or more of such nodes may also be acting as a Data Principal. With respect to mining over the network while it is a single miner who is able to formulate a valid hash, all the other miners also participate in the mining activity when they attempt to arrive at the winning lottery number. Thus making such miner also a Data Processor. While fixing liability on a private blockchain network that restricts the number of network participants is comparatively less complex, the same would be quite challenging on a public blockchain network, such as Bitcoin. With regard to identifying the status and roles, the guidance issued by French data protection authority ("CNIL Guidance")3 in the context of GDPR is useful. The CNIL Guidance categorises blockchain actors into the following groups: (a) participants with full read and write access to the data; (b) participants with read only access; and (c) miners that validate the transactions.
Participants falling in category (a) above are Data Controllers (equivalent to a Data Fiduciary under the Bill) while categories (b) and (c) are not.
Collection and processing of data over a blockchain network
The Bill sets out a number of obligations that have to be performed by the Data Fiduciaries, some key compliances being, obtaining consent of the data principals, retaining the data only till absolutely necessary (Storage Limitation), providing notice to the Data Principals, ensuring data is used only for the purpose (which has to be specific, clear and lawful) for which it has been taken (Purpose Limitation). Rule 5 of the SPDI Rules also lays down similar obligations for collection of data. Key concerns that the inherent and intrinsic nature of the blockchain technology raises are as under:
Firstly, with respect to the Storage Limitation principle, the immutable nature of the technology prevents the data from being deleted once the purpose has been fulfilled.
Secondly, given the decentralised nature of blockchain, it becomes challenging to determine the exact purpose for which data is collected over such a widespread network and who is to keep a check that the data so collected is used only for such predefined purposes.
Thirdly, it is commonly argued that the network participants over a blockchain impliedly consent while sharing their data. This may not however fulfil the requirements under the Bill which requires consent to be clear, through an affirmative action. This gives birth to concomitant regulatory issues over a decentralised system as to who shall oblige with these compliances under the law and who should be made responsible / liable for any lapses in compliance.
Lastly, the Bill also proposes certain additional requirements such as transparent and fair processing and the Purpose Limitation. The blurred distinction in the status of identities in blockchain makes determining purpose and manner of processing challenging.
A detailed governance framework setting out roles and responsibilities, off-chain and on-chain personal data, may provide useful guidance towards addressing the aforementioned concerns.
Key rights of Data Principals

Right to Confirmation and Access

The Bill entitles the Data Principals to seek information regarding the types and nature of personal data stored with the Data Fiduciaries, or to ascertain the nature of processing activities that has been undertaken on his/her data, or seek a brief summary of processing activities undertaken. While enforcement of this right may not be technically difficult, however, blockchain networks may establish a proper governance framework that delineates a specific authority to pass over the requisite data to the data principal as and when asked for. The network may also consider laying out methods of searching and accessing the necessary information which may be de-encrypted with the use of the private key.

Right to Correction

Section 18 of the Bill and Rule 5 of the SPDI Rules provides the right to rectify or correct the data. Given the immutable nature of the decentralised ledger maintained on a blockchain, exercising this right may not be compatible. To accomplish alteration/correction of data would be a burdensome task since it will require a majority of nodes to come together to identify the data, alter and re-hash not just the concerned block but also all previous blocks as well. Alternatively, a new block with corrected information may be added once verified through the consensus mechanism.

Right to be Forgotten

The Bill introduces 'Right to be Forgotten' ("RTF"). RTF entitles data principals to request the removal of his/her personal data, without undue delay, from any business's storage. RTF has been in loggerheads with the inherent immutability of blockchain technology. Across jurisdictions the term 'forgotten' has been pegged with erasure and is construed in various senses in different jurisdictions, ranging from data anonymisation,4 destruction of hardware,5 putting data beyond use.6
Given the distinction within the types of blockchain, the modes for exercising RTF are uniform by and large. A widely discussed solution is the destruction of the private key, thereby rendering the data encrypted by a public key inaccessible.7 Owing to the setup of blockchain, a Data Principal may reach out to any entity in the chain that qualifies as a Data Fiduciary to enforce their rights. Similar
to the Google-Spain case,8 wherein data subject's action against Google remained unaffected by the fact that the data could have been removed by the newspaper's website itself.9 However, the nature of a public blockchain network that does not identify a central authority might prove somewhat problematic where the data principal seeks to enforce his/her right.
As countries are yet to formulate policies with respect to regulation of blockchains, some other alternatives for exercising RTF can be programming chameleon hashes, zero knowledge proofs or a censorable blockchain, as the same would be 'forgetful'.10
Cross-Border Transfer of Data
Chapter VII of the Bill, which deals with restrictions on cross-border transfer of data, requires a copy of the Sensitive Personal Data to be stored domestically while Critical Personal Data must exclusively be processed and stored in India. However, these clear demarcations blur when applied to a blockchain ecosystem where storage and processing of data can be universal. Transfer of Sensitive Personal Data, requires explicit consent and the transfer must be under a contract or an intra-group scheme approved by the data protection authority (envisaged to be established under the Bill). While both of these requirements may get fulfilled over a private blockchain easily, a public blockchain due to undefined groups and lack of a central entity / authority may find it more challenging to implement adequate safeguards on restricting such transfer. Over a private blockchain the central body may enter into e-contracts with any number of participants and also obtain their explicit consent.
Under the present regime, Rule 7 of the SPDI Rules provides that a transfer outside India may only be allowed where the country offers the same level of protection to the data. Again, enforcing this may be challenging over a public blockchain network comprising of thousands of nodes across borders. An in-built cross-border transfer consent clause in the governance framework or otherwise may also provide the needed legitimacy from the perspective of data privacy.

D. Jurisdictional Issues

The present uncertainty in law (including lack of adequate legal provisions) has resulted in jurisdictional issues concerning the domestic and transnational presence of the blockchain network. While Section 1(2) read with Section 75 of the IT Act accords limited extra-territorial applicability to the Act, the SPDI Rules, as mentioned in the Regulatory Clarification are applicable only to body corporates or persons located in India. Consequently, blockchain technology may need to comply with the IT Act to a certain extent, while, the mandate under the SPDI Rules will bind only the nodes/miners operating from India. As a result, the network participants operating outside India on the same blockchain will not be required to comply with the SPDI Rules or IT Act.
Section 2 of the Bill affords extra-territorial application but only in certain limited circumstances viz. where the processing which takes place outside India is in connection with any business in India, or which involves the profiling of individuals within India. This will result in a subjective assessment of blockchains and its purposes in order to ascertain the applicability of the provisions of the Bill.
The Civil-Commercial Courts in India, have applied the test as to whether a website is an 'interactive website'11 for determination of jurisdiction, in relation to websites that do not have a physical place of business in a jurisdiction.12 In other words, wherever a website facilitates or even intends to facilitate active trade / commercial transactions in jurisdictions where it does not have a physical place of business, in such cases cause of action, if any, arises in all such jurisdictions where the website operates interactively. However, applying such a test on a blockchain network may not be so straightforward. The intrinsic nature of the blockchain technology allows for processing and storage of data at multiple domestic and international jurisdictions simultaneously. Resultantly, in both domestic as well as international, identification of the place of cause of action becomes complex. The complexity increases as identification of the individuals processing and storing data (nodes) would require de-anonymisation.
The determination of applicable laws will also depend on the nature of a blockchain network. It is practically more difficult to regulate a public blockchain network than a private blockchain network. In a private blockchain the architect/controlling entity may determine the governing laws or the governance framework may provide for a governing law.
In light of the foregoing, it may come as a mammoth task for governments to enforce their respective data protection and cyber-security legislations against such transnational networks without consensus on a multi-national treaty suggesting a model law to regulate the use of blockchain networks. In the alternative, laws may promote self-regulation by merely identifying basic tenets of regulations like governing law, data privacy, certification etc. Non-compliance may include compulsory suspension/termination of participation rights of nodes or blocking access to blockchains which do not provide for adequate self-regulation.
The developers of blockchain networks may consider incorporating dispute resolution and regulatory mechanisms as integral parts of the networks. The developers may also consider coding networks with peer-to-peer decentralized courts such as 'kleros' or 'codelegit' as part of a network's dispute resolution process.

E. Way forward

Blockchain technology carries the potential of disrupting business operations right from supply, manufacturing, logistics and final consumption especially in a post Covid-19 era. Please refer to our previous article on use cases of blockchain here. Accordingly, it is crucial that data privacy laws (with adequate concessions, where necessary) be treated as an enabler and not inhibitor to continued adoption of blockchain technology. Certain additional rights like data portability and right to withdraw consent adds to the complexity of having a compliant blockchain network. Certain obligations like mandatory registration may also be problematic if the government notifies certain blockchain network as a significant data fiduciaries.
Set out below are few indicative measures towards harmonious application of data privacy laws and blockchain technology:
1) Every blockchain network must provide a detailed governance framework that is in alignment with the basic requirements under data privacy regulations. Such a framework would have to be binding on all participants over a blockchain network, stating all rights, obligations and duties of parties, including a detailed mechanism for communication, security measures, cross-border data transfer, and grievance redressal and may even set out applicable laws etc.
2) Such a self-governance framework could also include a privacy by design policy and provisions for Data Protection Impact Assessment (as set out in Chapter VI of the Bill).
3) 'Pruning' is used for situations where historical blocks of data beyond a certain timeline are deleted. Similarly, where data has to be altered or rectified, the same may be done by 'forking' where data is altered or deleted, the hash changed and a new fork is created. However, over a public blockchain Pruning and Forking can be challenging and may require a huge amount of computing consensus.
4) To ensure the safeguarding of right to privacy a Memory Optimized and Flexible Blockchain (MOF-BC) can be considered as an effective measure. It enables the IoT (Internet of Things) users and service providers to edit their transactions, thereby altering the details of data entry.13
submitted by BlockDotCo to u/BlockDotCo [link] [comments]

Pi Coin Minepi.com Pi Network Review: Minepi.com Pi Network Scam or Legit? Real or Fake? Genuine or Fraud?

Pi Network is already online from March 2019 but still, it is not listed in Tracked Listing at CoinMarketCap.com.
However, even if it manages to be on the Tracked Listing at CoinMarketCap, still we have a doubt it will be a successful project due to the following reasons:

Real crypto mining takes very high voltage, high wattage, loud, hot, specialized ASICs. Even with ASIC miners, the profit margin is not that high and equipment can fail especially if not kept under the right conditions. In order to be competitive with other cryptominers, a cryptocurrency miner needs a computer with specialized hardware, so it’s doubtful that your phone has the same capabilities. Phones don’t have enough computing power for that.

It is hyped as being started by Stanford PhDs but why are there Chinese letters at the official website of Pi Network (Minepi.com)?

It is allowing people to register from the countries like Nepal where the use and purchase of cryptocurrencies are illegal and banned, even the Bitcoins. So, this makes it clear that it is not taking care of the legal issues that it can face in the future.

When we check its traffic detail coming at its official website-Minepi.com, we find out the majority of its traffic is from countries like Nepal, Israel, India, and so on. These are the countries where very few people have full knowledge of cryptocurrencies. So, why is it targeting such countries where people have less knowledge of cryptocurrencies?

The main activity at Pi Network is constructing a pyramid of members. The current Pi Network is a test net with a faucet and an MLM style recruiting system. You get more out of the faucet if you recruit more people. So, this makes it very similar to Pyramid Scheme. You should know that any company asks you to recruit multiple people without selling any real products or services, fall into the Pyramid Scheme. So, it may also face a legal problem due to its business nature in the future.

To know more details, please click the link provided here: https://de-reviews.com/minepi-pi-network/
submitted by NewsOnlineIncome to u/NewsOnlineIncome [link] [comments]

r/Bitcoin recap - June 2019

Hi Bitcoiners!
I’m back with the 30th monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in May 2019
Adoption
Development
Security
Mining
Business
Research
Education
Regulation & Politics
Archeology (Financial Incumbents)
Price & Trading
Fun & Other
submitted by SamWouters to Bitcoin [link] [comments]

After 7 PC builds and as a first time Alienware owner...I don't think I will be going back to DIY builds.

tl;dr - Extremely happy as an Alienware owner. Will continue to purchase Alienware pre-builds as long as the quality remains good. . I used to be one of those PC builders who would scoff at the idea of owning a pre-built PC. I would say they were overpriced, don't perform as well to a DIY, sometimes use unknown OEM parts, etc. I'm sure many of you are familiar with the criticisms leveled against pre-built manufacturers, let's just say I had an attitude of superiority over people that went pre-built, especially something from Dell. . Well now I'm singing a different tune and would like to defend the concept of pre-builts first. . After doing 7 PC builds, it is so refreshing to take a PC out of the box, plug it in and power it up with no hassle or issues. I've done builds where parts either came DOA, had issues during POST, or couldn't get past the BIOS, or temps were too hot that required redoing thermal paste/reseating cooler, or other weird abnormalities that required troubleshooting that could last a week before finally isolating the bad part, etc. I would dread having to do a new PC build because I never know what to expect, either things go smoothly or something goes wrong. It just no longer became fun to do builds anymore. I'm also getting older and I no longer have the patience to tweak parts to make them work optimally. . So the idea that I can go on a website, pick out whatever parts I want for my PC, have it assembled by Dell and then shipped to my door is awesome. I love the convenience. The only thing I swapped out was the GFX card, which was a pretty easy affair. . But why Alienware? Why not NZXT BLD, or iBuyPower, or any of these other companies? Well a couple of reasons. First, I read reviews of the Aurora R8 online with the specs I wanted (i9-9900k, RTX2080ti, etc.) and the components under benchmark testing matched up with results in a DIY build. There were no criticisms regarding the hardware, except for one reviewer that showed FPS results 10-15 frames lower than other RTX2080ti cards (but I suspect the problem lies in some of the other components in that build which may have throttled performance and it wasn't clear what the reviewer's overclock settings were, if any). Just to be on the safe side and taking that on face value, I decided to purchase a card separately. Anyway, so the reviews were good across the board and what you would expect performance wise. The other thing is customer support. Apparently if you run into problems with NZXT BLD and some of these other pre-built manufacturers, you run into non-existent customer support. Well if you are spending a lot of money for a build, I think there needs to be decent enough support to back it. Dell used to be notorious back in the day for having some of the worst customer support, however I looked into recent reports of their service being much better than it used to be. Supposedly Dell invested a ton of money in getting their service up to par. I mean if I ever need some kind of troubleshooting, I'm sure it'll probably start with a guy in India but a lot of the recent feedback I've read seems to reassure folks are taken care of, it seems. Lastly, the prices on Dell pre-builts, especially if you get them during a sale and have an employer discount and whatever else, can come out to being near identical to a DIY with the same specs or even slightly cheaper. I saved roughly ~$1k getting an Alienware during a sale and pretty much came out to the same price as one I did on PCPartsPicker. I guess the DIY market is still reeling from the bitcoin mining craze. Oh and one other thing about Alienware, and I know this sounds silly, but is its reputation. Dell isn't going to risk putting crappy components that could severely damage the brand in the eyes of consumers. Especially a brand that is supposed to be their premier gaming line. Imagine if their lineup had a failure rate of like 30% or something, nobody would ever trust them again. . So anyway, I am extremely happy with how my Alienware is performing. I've already run a lot of stress tests on the components and they match the average of other user results. The only glaring downside is the funky Alienware software, drivers, and typical Windows BS. Really if there is anything to complain about here is how much I dislike Windows OS and much of the software, but none of that is necessarily Alienware's fault except their Command Center. There's a lot of room for improvement. I'm using their OC2 profile for overclocking the CPU @ 5Ghz and RAM @ XMP. I could do this stuff in the BIOS but again I can just click it here in the software which makes the changes in the BIOS for me. Already ran OC Scanner thru Afterburner on my card. . I plan on purchasing more Alienware pre-built PCs in the years to come. I couldn't be happier with the convenience and performance. And I hope the support is good whenever I would need it. Definitely would recommend the brand to those tired of doing their own builds.
submitted by AJRey to Alienware [link] [comments]

Why BAT is THE crypto project to own

Basic Attention Token is much stronger what a cryptocurrency project should be. The token is going to be distributed in many more hands than projects like bitcoin ever will.
Bitcoin is very unobtainable for the average person. In order to mine Bitcoin at a profit you need to make a sizable investment in equipment and even then profit isn't aways guaranteed because of the cost of electricity. For BAT you don't need to invest addition funds in hardware in order to earn a slice of the pie, you do it by agreeing to have a few small notifications pop up from time to time.
If I could go back in time one of the things I would make sure I did would be to use bitcoin faucets as often as I could. I can't believe some of the people who are complaining about how little BAT they have received. The supply may seem large at first, but I've heard of multiple people in this sub that have earned well over 100 BAT. Breaking up the supply only 15 million people can hold that much.
That number of users will be hit much sooner than you think. Brave already has over 25 million downloads on Android alone. If everyone of those users used Brave regularly and the entire supply was distributed evenly to them it would work out to about 60 BAT a piece. That's assuming no grow on the market, just current downloads for one type of phone. No desktop or iOS. Not counting smart TV's or any other content that will be a part of the BAT ecosystem for years to come.
BAT ads value for everyside of the equation, content creators, users and advertisers, everyone gets a more enjoyable experience than the do right now.
The user gets an enjoyable browsing experience without blacklisted content or popup ads. Ads that are more like a faucet that gives you free money. This money will be extremely useful overtime, it is already an apple approved currency. As the supply gets more scarce the amount people you earn during the early stages seem like a huge amount down the line. Some have earned over 100 so far. Now that support is being added to Argentina, Austria, Brazil, Switzerland, Chile, Colombia, Denmark, Ecuador, Israel, India, Italy, Korea, Mexico, Netherlands, Peru, Phillippines, Poland, Sweden, Singapore, Venezuela and south Africa I cant imagine people will be able to earn that much per person for very long. User count will really mushroom when plugins are made for other browsers.
The content creator benefits in many ways.
People will hold money they had no actual fiat expense to obtain. The money people receive this way psychologically has a much different effect than money they had to take out of their own pocket. People will gladly treat themselfs to small purchases. If I have a free version of the app and I have the option to upgrade for the ad free version for 3 BAT, I would be much more likely to do that rather than pay with it with money out of my own pocket.
Advertising click through rates are drastically higher via Brave than traditionally online advertising. People are going to be able to have immersive ads in a way that has never been done. Put someone in the immersive experience of honking a car horn and opening a trunk. That's going to be much more of an immersive experience rather than than a 20 second commercial before a video.
Eich is the name in crypto I trust more than any other, for many reasons. More people have heard about firefox and javascript than have heard of bitcoin. I think he has a wonderful leadership ability and I'm confident in the leadership of the BAT Team.
Eich never wanted to corner the browser market, he wants to create a complete shift in the way advertising is done in a way that benefits users and content creators more than the way their deal is currently laid out. BAT is much bigger than just the Brave Browser.
I'm amazed the big advertising companies haven't tried slipping hemlock into Eich's coffee.
So far I have donated all of the BAT I have received from advertising to fellow redditors. The BAT ecosystem is perfectly designed to work with reddit and reward people who entertained you or gave you really solid advice. It is the perfect way of saying thank you to people on here in a way that genuinely adds value to their lives, while not costing me a dime of my own personal finances.
If someone majorly helps me out, I have no problem giving them a reward. I used to come on here all the time and look for car maintenance advice, if someone saves me a trip to your mechanic, I'll throw you $5 for a sandwich. Someone on keto comes up with a recipe that I really like, I would give a nice tip for that. Someone gave me amazing fantasy football advice and I won a good amount of money as a result of that. It doesn't need to be exotic to be able to add a good amount of value to your life. Someone could tell you something as simple as an /LifeProTips approach that really helped you out. Subs could hold prizes with payouts for like photoshopbattles.
There is so much good advice on this site at times that I think the BAT ecosystem could help some of these subs really thrive. There are a million examples here of people giving helpful advice, and they should be able to be lightly compensated for the tremendous amount of value they add to someones life. Even if it may only be a simple step, it may have been one that you only learn after a tremendous amount of experience.
We find that common sense isn't always as common as we we would like to imagine. Knowing something as simple as Control+Shift+T reopens closed tabs could literally be life changing to someone.
submitted by thedosequisman to BATProject [link] [comments]

Most Common Beer Money Sites: DO NOT Create Threads Promoting These

SwagBucks [International*]

This is one of the oldest, most well known GPT (Get-Paid-To) sites. They have plenty to offer, so you shouldn't get too bored. You can earn bonus points for meeting your daily goals, and you can earn up to 300 points ($3) for meeting your goal each day. They have one of the largest selections of rewards available, so you should easily find something you like. — Payment Proof. / Is it available in my country?
*The site is International, but most earning opportunities are for US, UK, CA and AU.
↪ Get a 300SB ($3) bonus if you sign up through this link and earn 300SB in your first 30 days. Points are awarded the next day after reaching 300SB.
↪ Use signup code REDDIT for a free 70SB bonus for new users. Click “I have a sign up code (optional)” which is underneath the “Confirm Password” Box.
↪ Age minimum: 13
↪ Offers: Mobile and Desktop Videos, Surveys, Polls, Offer Walls, Tasks, Special offers, Coupons, Games, Search bar, Limited Time Codes, Download offers, Cash Back from Shopping, Swago (like Bingo) and more.
↪ Payout: [Minimum: $3] Amazon, PayPal, Prepaid VISA, Wal-Mart, PSN, Xbox, Sweepstakes, Charity and many more.
TIPS:
‌• Earn up to 300 SB ($3) for meeting your goals for 7, 14, 21 and 30 days in a row.
• Once a month you can redeem a $25 gift card for 12% off.
• Make up to 10 Swagbucks easily each day by playing games in the Play category.
• Click And Earn List to Earn 38 Points Daily Here
• Check out /swagbucks and the discord after signing up for up to date info about the best paying offers.
 

GAIN [US, GB, IE, SE, DE, CA, NL, NO, AU, BE, ES, FR, DK, IT, RU, SG and MY]

Gain is a high paying GPT site that allows you to complete offers, watch videos, complete surveys and more to earn coins. Gain operates in many countries. New users can start out with 100 coins by using this link. — Payment Proof.
↪ Withdrawal options include BTC, ETH, LTC, BCH, CSGOSHOP, Coinbase. Gift cards (through Tango/Rewardlink) also available in certain countries only.
Free daily bonus coins from 10-100 depending on your user level, claim them every 24h on the Gain offerwall
↪ Age minimum: 13+
↪ No screwy point to dollar conversion ratios. 1,000 coins = $1.
↪ Active, friendly and easily accessible support
↪ Earn extra coins for being one of the top 3 earners each day and each month
↪ Bet your Daily Bonus or your earnings (play responsibly) on roulette by clicking Win
TIPS:
• Referral Incentive: New users get 100 coins ($0.10). Referring users get 5% of the referred users earnings.
• Click on the PayPal Guide link after signing up to learn how to easily convert your earnings from Crypto>PayPal with CoinBase.
5% Earning Bonus: Sign up to the site with your Steam account and add gain.gg to the end of your steam username to earn a 5% bonus on your earnings.
Offers over 4000 coins are automatically held, message Support Chat (click Support on the top right of the chat box) to have the coins released for you.
 

GG2U.org [International*]

GG2U is a GPT (Get-Paid-To) site. The website is a bit outdated looking, and it can feel clunky at times, but don't let that fool you. It has some of the highest paying rates, and has a few unique offer walls and plenty of survey routers that you rarely see on other sites. The customer support is great as well. The owner responds pretty quickly and is always willing to help out. This site is focused on gamers and has some gaming tasks, but there are plenty of things to do for non-gamers as well. — Payment Proof.
*The site is International, but most earning opportunities are for US, UK, CA and AU.
↪ Age minimum: 13
↪ Offers: Surveys, Offer Walls, Tasks, Videos, Gaming Tasks, and Promotional Link Shortener.
↪ Get paid for listening to the radio (US, CA, UK)
↪ Payout: [Minimum: $7] PayPal, BTC to Coinbase, Amazon, Best Buy, GameStop, Google Play, iTunes, Nintendo eShop, Playstation GC, Steam, Target, Walmart, Xbox GC
↪ Referral Incentive: The referring user earns 5% for life.
TIPS:
• For every 5 cash out requests, you get a Golden Token which will give you $1-7. This results in an average 7.8% higher payments if cashing out at the minimum each time.
• If you contact support, you can request to have your payouts issued at the minimum cashout amount rather than for your full balance. This will let you make the most out of the Golden Tickets.
 

PrizeRebel [International*]

PrizeRebel is a GPT (Get-Paid-To) site. They have many offer walls and survey providers available. You can earn bonus points for meeting your daily goals, and they have bi-monthly contests that reward the top earners. They also have a Level program that allows you to earn a bigger percentage from your referrals, prize discounts, special bonuses, and automatic prize processing. Level up by earning more points. — Payment Proof.
*The site is International, but most earning opportunities are for US, UK, CA and AU.
↪ Age minimum: 16
↪ Offers: Surveys, Offer Walls, Tasks, Videos, Coupons, and Earning Contests.
↪ Payout: [Minimum: $2] Amazon, PayPal, VISA, Wal-Mart, Best Buy, Raffles and many more.
↪ Referral Incentive: 15-30% of what your referrals earn for life.
TIPS:
• Meet your daily goal each day to earn bonus points.
 

Fetch Rewards Invite Code: V3DVK [US, Puerto Rico]

Fetch is an app available for both Android and iOS where users earn money for scanning receipts and for purchasing specific products or brands. You get points for every receipt from a grocery retailer, supermarket, club wholesaler, home improvement/hardware store, pet store or convenience stores, regardless of what you buy. You can get additional points for purchasing specific products or specific brands. Receipts cannot be more than 2 weeks old. It can also be set it up to passively collect e-receipts. — Payment Proof.
↪ Age minimum: Age of majority in your jurisdiction (Usually this is 18).
↪ Offers: Cash back for scanning receipts and buying specific products or brands.
↪ Payout: [Minimum $3] Amazon, Target, Best Buy, Xbox, Applebee's and many more.
↪ Referral Incentive: Both the referrer and the referred user get $2-5 when they scan their first receipt. The exact amount varies depending on the current promotion. This is close to or above the minimum cash out amount.
TIPS:
• Make sure to check for rebates on any items you regularly stock up on.
• You don’t need to add rebates before purchasing items.
 

Ibotta [US, Puerto Rico]

Ibotta is an app available for both Android and iOS that gives cash back for shopping at Ibotta's retail and then scanning your receipts to prove what purchases were made. They currently support around 160 stores. Most offers are for newer brands, but they often have well-known names such as Glade or Kraft. They also regularly have cash back deals for "any item" or "any brand". You can also get cash back for shopping on sites such as Amazon and various services such as meal delivery. — Payment Proof.
↪ Age minimum: 18
↪ Offers: Cash back.
↪ Payout: [Minimum $20] Paypal, Venmo, Amazon, BestBuy, Starbucks and many more.
↪ Referral: Referred users get a $20 Welcome Bonus after redeeming their first brand name receipt. Referring users get $5 for each referred user who receives their welcome bonus. They also often run bonuses for referring a certain number of users during the month.
TIPS::
• Always check for the "Any Item" rebate before scanning a receipt.
• Check your account for bonuses. They often have bonuses for redeeming certain groups of rebates or for redeeming a certain number of rebates within a time limit.
• You can link your Facebook account in order to participate in teamwork bonuses with friends.
 

Hideout.TV [International*]

Earn for watching videos with advertisements. All you have to do is create an account, log in, visit the Rewards page, choose a loyalty rewards partner, and then start watching. You can then transfer and redeem your credits via the partner's platform.
*The site is International but currently limited to United States, United Kingdom, Canada, Australia, New Zealand, Netherlands, Germany, Norway, Ireland, Denmark, Sweden,Romania, Portugal, Poland, Malta, Latvia, Luxembourg, Lithuania, Italy, Hungary, Croatia, Greece, France, Finland, Spain, Estonia, Cyprus, Bulgaria, Belgium, Austria, India. Ukraine, Uruguay, Brazil, Mexico, Japan, Taiwan, Hong Kong, Singapore, Colombia, Malaysia, Thailand, Ecuador, Peru, United Arab Emirates, Phillipines.
↪ At the Promo Center, you can also earn points by taking surveys, downloading apps, trying products, and more!
↪ Hideout is currently limited to only one account/device per household.
↪ Hideout credits are worth different amounts depending on which site you transfer them to. Shop around to see which site/loyalty partner offers the best all around value for you.
↪ Age minimum: 13
↪ Payout: You need to have earned at least 9 points to redeem/transfer and can only do 3 transfers per day.
TIPS:
‌• Earn daily free rewards points by watching at least one video and then going to any video on Hideout.tv, and clicking on the "Rewards" button. You'll then see a filled-in, one-use promo code.
• Hideout frequently posts promo codes on their Facebook so check often because they have limited uses.
• Earn more on HideoutTV's sister sites using the same login info as HideoutTV (still only one device/site at a time) ThePanda, Letscheckin and Popjoy
 

Amazon Mechanical Turk [International*]

Mturk is a platform that allows clients to post a large number of jobs. It is a bit more professional than the typical /beermoney site. You work for "requesters" and they can approve or reject your submitted tasks, also known as HITs. You can earn a lot more money on this site than other typical /beermoney sites, but you need to pay attention to which jobs you accept. Not all HITs pay well. They do require some sensitive information from you for tax purposes. Not everyone gets approved to work here, and some people will be approved months or years after being rejected. — Payment Proof.
*This site is international, but most of the tasks are only available for the USA. International users can only redeem Amazon.com balance.
↪ Age minimum: 18
↪ Offers: A large number of tasks including Surveys, Transcription, Translation, Website Testing, Data Entry and much more.
↪ Payout: [Minimum $0.01] Amazon.com Balance and Amazon Payments Balance. Amazon Payments Balance can be transferred to a bank account.
Note: All Amazon Balance is for the USA Amazon.com website regardless of your country.
↪ Referral Incentive: None
TIPS:
• Only do HITs that pay at least 10¢/minute. This gives you a rate of $6/hour. Mturk crowd forum and /hitsworthturkingfor are good places to check for higher paying HITs.
• It is better to return a HIT than to submit to if you are unsure whether the requester will approve it. Returning a HIT will not negatively affect you, but a rejection will.
Scripts are allowed and encouraged. Checked /mturk for more tips and suggestions.
 

UserTesting [International*]

UserTesting is a usability testing site. You get paid to record your screen and speak aloud while performing a number of specified tasks. These tasks are generally related to testing a website or an app, but some tests may have you complete a survey, play a game, test new software, etc. At the start you may receive $3 sample tests, but after a while you will see $10 unmoderated tests. Moderated tests start at $30 per test, and usually require you to have a webcam. Payment arrives via PayPal exactly 7 days after your test is completed. — Payment Proof.
*The site is International, but most earning opportunities are for US, UK, CA and AU.
↪ Age minimum: 18
↪ Offers: Usability testing
↪ Payout: [Minimum: None] PayPal
↪ Referral Incentive: None.
TIPS:
• Completing the unpaid surveys at the top may qualify you for additional tests.
• Make sure to follow instructions carefully, keep talking, and be professional. Keeping a high quality rating is essential if you want to receive plenty of tests.
 

GetUpside [USA - Select states*]

GetUpside is an app available on both Android and iOS that gives you cash back on gas, groceries and restaurants. You can get up to $0.25 per gallon of gas (or up to $0.50 per gallon twice per day), 15% on groceries, and 35% at restaurants. Some gas stations offer cash back on convenience store purchases, car washes, inspections, oil changes, etc. GetUpside also gives you a map of all the participating gas stations in your area, and you can get additional points for confirming or fixing the prices.
↪ Age Minimum: 13
↪ Offers: Cashback on gas, groceries and restaurants.
↪ Payout: PayPal ($1 fee if under $15), Check ($1 fee if under $50), Amazon, Home Depot, Target, and many more. [GC Minimum: $10]
↪ Referral Incentive: The referred user gets $0.15-$0.20 off per gallon of gas on their first purchase. The referring user gets $0.01-$0.02 per gallon from direct referrals, and $0.005-$0.01 per gallon for indirect referrals for life. Amount varies per person. As of 05/18/20 (not sure how long it will last) new users who sign up with the link above get a $7-$14(varies per person) bonus if they buy at least $10 worth of gas.
TIPS:
‌• You must make your purchase with a debit or credit card. Cash, prepaid cards, gift cards, and EBT are not eligible forms of payment.
• You only have 4 hours to make your gas or restaurant purchase after claiming the offer. Grocery offers have 24 hours. All receipts must be scanned within 24 hours from when you claim the offer.
 

Cash Back From Shopping Online

These sites give cash back on your online purchases. Online purchases require you to click their affiliate link prior to shopping. Ebates US has in-store offers as well. In-store purchases require you to link a debit/credit card and to active the offer prior to shopping. Most of these sites are International, but your shopping opportunities may be limited, and you will only get paid in the associated currency. — Ebates Payment Proof.
 
TIPS:
• Make sure to click on the "Shop Now" or “Get Cashback” button before adding items to your cart. Otherwise, your shopping trip may not count.
• You can only use one shopping portal per shopping trip. Attempting to use more than one may cause problems crediting your account.
• Disable any ad blockers while shopping.
• For US Users: Sometimes you can earn more cash back on Ebates or TopCashBack than the other for a particular store. Check both sites if you want to get the most cash back for each purchase.
For TopCashBack UK Users: New users are automatically enrolled into the Plus membership. Downgrade to the Classic membership to avoid being charged £5/year.
 
Rakuten (Ebates) US TopCashBack US Rakuten (Ebates) Canada Ebates KR Rebates JP TopCashBack UK TopCashBack IN TopCashBack 中文
Age 18 18? 18 18 18 18 ? ?
Payout Minimum $5.01 $0.01 $5.01 CAD KRW 5,001 ? £0.01 ₹0.01 $0.01
Payout Types Check, PayPal VISA, PayPal, ACH, Gift Cards Check, PayPal Bank, PayPal, Naver Pay ? Master Card, PayPal, BACS, Gift Cards, British Airways Amazon Pay, NEFT, Paytm PayPal, Amazon, UnionPay
New User Bonus $10 $10 $5 CAD KRW 5,000 ? ? ₹100 ?
Referral Incentive $25 $10 $10 CAD KRW 5,000 ? £5.00 ₹200 $10
Some information is missing due to translation difficulties and signup problems. Please let us know if you know any of this missing information.
 
 

Sites to Avoid: Definitely DO NOT post these.

Earnsanity — Shady owner, sketchy site. Held giveaway and then refunded the prizes after it was over. History of scamming many others. AVOID AT ALL COSTS UNLESS YOU WANT TO BE SCAMMED.
Paidverts — Shady owner, sketchy site. Keeps doing debt swaps (cash to BAP). Do not post.
Neobux — It isn’t really a scam, but they operate as a pyramid scheme. There’s money to be made online, but it’s definitely not there.
MarketGlory — It does pay out, but the pay is absolutely ridiculous. The only way to make a decent amount of money is to have a lot of referrals, and referral whoring on this subreddit WILL result in a permanent ban.
MindSumo — Not actually a /beermoney site. It’s only spam in this sub.
G2A — Scam/sells stolen keys.
Robinhood — This is spammed on our sub constantly.
Quickthoughts — Many reports of people being banned when trying to withdraw as of 10/2018. Do your due diligence before possibly wasting your time on this app.
Sites with $100+ minimum — These sites usually offer higher than normal payments for simple tasks, with a high minimum to cash out. They are always scams.
Generic news sites that pay you ridiculous amounts to read an article (two euros??) — Common sense should take care of this, but in case it doesn’t, it’s always a scam. The site is usually hosted somewhere in Eastern Europe, and you will never get paid.
Free bitcoin sites/"faucets" (THIS INCLUDES QOINPRO) — This is not referring to those video-viewing/task sites (although they’re still paying fragments of a penny). I’m talking about sites that give you 0.000001BTC to fill a captcha (freebitco.in, dailybitcoins). Admittedly many beermoney sites pay low, but don’t even bother with these.
Also: Bitcoin mining is NO LONGER PROFITABLE. If you're really so keen on getting bitcoins, doing so through an exchange is your best option.
Here are a few more scam sites and sketchy sites.
 
 
Please note that presence on this post does not imply that /beermoney or its moderators endorse the site or their views, actions, or policies. This list simply contains sites that are used by a large number of our users or are frequently mentioned on our subreddit.
We frequently monitor data from all the sites on this list from various sources to ensure that users are able and interested in utilizing them and if they do, that they also are getting paid promptly and fairly for all work they do. We make adjustments to this list and the order of sites accordingly based on all the data we receive.
 
Please make sure you follow the Rules of our subreddit and if you ever have any questions about anything beermoney related, please take a look at our extensive FAQ which should answer almost any question you might have.
submitted by beermoneymods to beermoney [link] [comments]

Tyuiop

Hubble Uncovers Black Hole that Shouldn't Exist - space https://www.reddit.com/space/comments/cbyhcl/hubble_uncovers_black_hole_that_shouldnt_exist/ India Launches Mission To The Moon In Bid To Land At The Lunar South Pole. - space https://www.reddit.com/space/comments/cgawyl/india_launches_mission_to_the_moon_in_bid_to_land/ A large asteroid zipped between Earth and the Moon this morning. Astronomers missed the asteroid until it was nearly on top of them, but the space rock has already passed harmlessly by. - space https://www.reddit.com/space/comments/chthtf/a_large_asteroid_zipped_between_earth_and_the/ NASA shuts off heating system for Voyager 2's cosmic ray instrument. The instrument is still functioning for now, despite working at -74°F, which is some 25 degrees colder than it was tested for. The spacecraft was launched in 1977 and is operating at more than 11 billion miles (120 AU) from Earth. - space https://www.reddit.com/space/comments/cbnhai/nasa_shuts_off_heating_system_for_voyager_2s/ Inside Starshot, the audacious plan to shoot tiny ships to Alpha Centauri: Plan to build a laser so powerful that it could accelerate tiny spacecraft to 20% of the speed of light, getting them to Alpha Centauri in just 20 years. We could become interstellar explorers within a single generation. - space https://www.reddit.com/space/comments/cajxen/inside_starshot_the_audacious_plan_to_shoot_tiny/ American kids would much rather be YouTubers than astronauts. Becoming an astronaut ranked last among five professions. Only in China did children have a clear preference for being an astronaut—or rather, a taikonaut—and had higher expectations for human settlement of space in the decades to come. - space https://www.reddit.com/space/comments/cdxqob/american_kids_would_much_rather_be_youtubers_than/ Buzz Aldrin: Stephen Hawking Said We Should 'Colonize the Moon' Before Mars - “since that time I realised there are so many things we need to do before we send people to Mars and the Moon is absolutely the best place to do that.” - space https://www.reddit.com/space/comments/c7ra2v/buzz_aldrin_stephen_hawking_said_we_should/ This is what Earth looks like from 1.5 billion kilometers away; the Cassini spacecraft spots a pale blue dot beneath Saturn's rings. - space https://www.reddit.com/space/comments/ciydrk/this_is_what_earth_looks_like_from_15_billion/ Jupiter's Auroras captured by the Hubble Telescope - space https://www.reddit.com/space/comments/cg5wcj/jupiters_auroras_captured_by_the_hubble_telescope/ The Northern Lights as seen from the ISS - space https://www.reddit.com/space/comments/cadm75/the_northern_lights_as_seen_from_the_iss/ Shockwave On the Sun Following a Solar Flare - space https://www.reddit.com/space/comments/c76h7e/shockwave_on_the_sun_following_a_solar_flare/ Curiosity rover snaps spectacular Mars panorama - space https://www.reddit.com/space/comments/cd2iwh/curiosity_rover_snaps_spectacular_mars_panorama/ Bill Gates says Steve Jobs was a master at ‘casting spells’ to keep Apple from dying - technology https://www.reddit.com/technology/comments/caca7u/bill_gates_says_steve_jobs_was_a_master_at/ Tech Billionaire Peter Thiel Says Elizabeth Warren Is "Dangerous;" Warren Responds: ‘Good’ – TechCrunch - technology https://www.reddit.com/technology/comments/ced104/tech_billionaire_peter_thiel_says_elizabeth/ Ebooks Purchased From Microsoft Will Be Deleted This Month Because You Don't Really Own Anything Anymore - technology https://www.reddit.com/technology/comments/c7rblebooks_purchased_from_microsoft_will_be_deleted/ Voting Machine Makers Claim The Names Of The Entities That Own Them Are Trade Secrets - technology https://www.reddit.com/technology/comments/cbj86w/voting_machine_makers_claim_the_names_of_the/ Former Tesla employee admits uploading Autopilot source code to his iCloud - Tesla believes he stole company trade secrets and took them to Chinese startup, Xiaopeng Motors - technology https://www.reddit.com/technology/comments/cbuwci/former_tesla_employee_admits_uploading_autopilot/ Jeff Bezos Says We're Destroying Earth, but Amazon Is the Slowest Tech Giant to Go Green - technology https://www.reddit.com/technology/comments/cfltd2/jeff_bezos_says_were_destroying_earth_but_amazon/ Elon Musk says SpaceX could land on the moon in 2 years. A NASA executive says 'we'll partner with them, and we'll get there faster' if the company can pull it off. - Futurology https://www.reddit.com/Futurology/comments/cj4f7t/elon_musk_says_spacex_could_land_on_the_moon_in_2/ An economic indicator that has predicted every major recession since the 1960s is sending another warning. It’s called the U.S. Treasury yield curve and, when inverted, is considered to be the most reliable indicator of an upcoming recession. - Futurology https://www.reddit.com/Futurology/comments/c9w72l/an_economic_indicator_that_has_predicted_every/ Elon Musk Proposes a Controversial Plan to Speed Up Spaceflight to Mars - Soar to Mars in just 100 days. Nuclear thermal rockets would be “a great area of research for NASA,” as an alternative to rocket fuel, and could unlock faster travel times around the solar system. - Futurology https://www.reddit.com/Futurology/comments/chnqgelon_musk_proposes_a_controversial_plan_to_speed/ NASA is planning to visit an asteroid made of gold and other precious metals worth $700 quintillion - enough to give everyone on the planet $93 billion. - Futurology https://www.reddit.com/Futurology/comments/cg1jow/nasa_is_planning_to_visit_an_asteroid_made_of/ Elon Musk says a 'massive effort' is required to get Tesla driverless cars to '99.9999%' safety - “Intersections with complex traffic lights & shopping mall parking lots are the two biggest software challenges” - Futurology https://www.reddit.com/Futurology/comments/cakswl/elon_musk_says_a_massive_effort_is_required_to/ Elon Musk Says We Can Land on the Moon in Less Than 2 Years - “If it were to take longer to convince NASA and the authorities that we can do it versus just doing it, then we might just do it. It may literally be easier to just land Starship on the moon than try to convince NASA that we can.” - Futurology https://www.reddit.com/Futurology/comments/ceschm/elon_musk_says_we_can_land_on_the_moon_in_less/ Researchers in Spain and U.S. have announced they've discovered a new property of light -- "self-torque." Their experiment fired two lasers, slightly out of sync, at a cloud of argon gas resulting in a corkscrew beam with a gradually changing twist. They say this had never been predicted before. - science https://www.reddit.com/science/comments/c7ailv/researchers_in_spain_and_us_have_announced_theyve/ Official Discussion: Once Upon a Time in Hollywood [SPOILERS] - movies https://www.reddit.com/movies/comments/chmknk/official_discussion_once_upon_a_time_in_hollywood/?sort=top Netflix’s Market Value Drops $26 Billion In A Week; Founder’s Net Worth Falls In Tandem - movies https://www.reddit.com/movies/comments/chjz0u/netflixs_market_value_drops_26_billion_in_a_week/ Why Does Hollywood Keep Falling Into The Uncanny Valley? - movies https://www.reddit.com/movies/comments/cfzci0/why_does_hollywood_keep_falling_into_the_uncanny/ Disney bought Marvel for $4 billion in 2009, a decade later it's made more than $18 billion at the global box office - movies https://www.reddit.com/movies/comments/cg3dhn/disney_bought_marvel_for_4_billion_in_2009_a/ Bring Back Hand-Drawn Disney Animation - movies https://www.reddit.com/movies/comments/cgv7lf/bring_back_handdrawn_disney_animation/ "The 100 Best Movies of the 2010s" for Indiewire - movies https://www.reddit.com/movies/comments/cgdbul/the_100_best_movies_of_the_2010s_for_indiewire/ Official Discussion: The Lion King (2019) [SPOILERS] - movies https://www.reddit.com/movies/comments/cew5fw/official_discussion_the_lion_king_2019_spoilers/?sort=top James Cameron congratulates Avengers: Endgame on becoming the biggest film of all time - movies https://www.reddit.com/movies/comments/cgbt3j/james_cameron_congratulates_avengers_endgame_on/ ‘Avengers: Endgame’ Finally Conquers King of The World James Cameron’s ‘Avatar’ To Becoming The Highest Grossing Film Of All-Time - movies https://www.reddit.com/movies/comments/cft2io/avengers_endgame_finally_conquers_king_of_the/ [WW]‘Avengers: Endgame’ Finally Conquers King of The World James Cameron’s ‘Avatar’ To Becoming The Highest Grossing Film Of All-Time - boxoffice https://www.reddit.com/boxoffice/comments/cft1uy/wwavengers_endgame_finally_conquers_king_of_the/ Box Office Week: The Lion King (2019) opens to a massive $185M domestic and $531M worldwide. It's a great weekend for Disney as now Avengers: Endgame has officially passed Avatar at the highest grossing film worldwide with $2.79B. - movies https://www.reddit.com/movies/comments/cgelxq/box_office_week_the_lion_king_2019_opens_to_a/ Box Office Week: Spider-man: Far From Home is #1 again with $45.3M, rocketing past $840M worldwide in two weeks. Crawl manages a solid debut at #3 with $12M. Stuber bombs at #4 with $8M. The Farewell has the best limited opening of the year, opening in 4 theaters with $351.3K. - movies https://www.reddit.com/movies/comments/cde1ve/box_office_week_spiderman_far_from_home_is_1/ Box Office Week: Spider-Man: Far From Home opens to an excellent $185M domestic and $580M worldwide on the July 4th holiday weekend while Midsommar opens weak at #6 with $10.6M. - movies https://www.reddit.com/movies/comments/cakttu/box_office_week_spiderman_far_from_home_opens_to/ Box Office Week: Toy Story 4 is #1 again with $57.9M, almost passing $500M worldwide. Annabelle Comes Home has the worst opening of the Conjuring franchise with $20.3M at #2. Yesterday opens well at #3 with $17M at #3. - movies https://www.reddit.com/movies/comments/c7s4cm/box_office_week_toy_story_4_is_1_again_with_579m/ hi, I am a songwriter who makes punk and alternative music. I bought my own reddit ads to promote my Soundcloud and try and get my music heard. it'd mean a lot if you checked it out and let me know what you think. thank you, have a nice day. - uImbred- https://www.reddit.com/comments/bcmuy9/hi_i_am_a_songwriter_who_makes_punk_and/ A City that Stretches to the Moon, 流感中, Digital, 2018 - Art https://www.reddit.com/Art/comments/c3wf8v/a_city_that_stretches_to_the_moon%E6%B5%81%E6%84%9F%E4%B8%AD_digital_2018/ Just a father and son, using VR headsets, while waiting for their Tesla to charge. - pics https://www.reddit.com/pics/comments/c7be04/just_a_father_and_son_using_vr_headsets_while/ Congratulations to 15 yr old Cori “Coco” Gauff, who after becoming the youngest player to ever qualify for Wimbledon, defeated her idol Venus Williams today to become the youngest player since 1991 to win in the first round of women’s singles. What an incredible story. - pics https://www.reddit.com/pics/comments/c82b9z/congratulations_to_15_yr_old_cori_coco_gauff_who/ Hi Reddit! We’re the team behind Microsoft Edge and we’re excited to answer your questions about the latest preview builds of Microsoft Edge. We’ve been working hard and we can’t wait to hear what you think. Ask us anything! - IAmA https://www.reddit.com/IAmA/comments/c094uf/hi_reddit_were_the_team_behind_microsoft_edge_and/ I made a free alternative to Photoshop, that is used by 3 millions of people. Ask me Anything! - IAmA https://www.reddit.com/IAmA/comments/c8ru2y/i_made_a_free_alternative_to_photoshop_that_is/ Exercise, Brasenia 1, Digital, 2019 - Art https://www.reddit.com/Art/comments/bek15exercise_brasenia_1_digital_2019/ Somewhere in Switzerland - pics https://www.reddit.com/pics/comments/be6dkg/somewhere_in_switzerland/ My friend and I walked around the city after it rained looking for puddles. Here's what I captured. - pics https://www.reddit.com/pics/comments/bdsqz3/my_friend_and_i_walked_around_the_city_after_it/ 567 years ago Leonardo da Vinci, one of the greatest polymaths, was born - europe https://www.reddit.com/europe/comments/bdcn7k/567_years_ago_leonardo_da_vinci_one_of_the/ Damage done by the Notre Dame fire - europe https://www.reddit.com/europe/comments/bdviny/damage_done_by_the_notre_dame_fire/ The first victim of Article 13: "Never Gonna Give You Up" is not available in EU countries. - europe https://www.reddit.com/europe/comments/bex728/the_first_victim_of_article_13_never_gonna_give/ Notre Dame is on fire. - europe https://www.reddit.com/europe/comments/bdil88/notre_dame_is_on_fire/ Itachi > Billie Eilish any day - BlackPeopleTwitter https://www.reddit.com/BlackPeopleTwittecomments/bekivp/itachi_billie_eilish_any_day/ Oh how the turn tables - BlackPeopleTwitter https://www.reddit.com/BlackPeopleTwittecomments/be7jf3/oh_how_the_turn_tables/ Finally finding a skin tone Band-Aid - BlackPeopleTwitter https://www.reddit.com/BlackPeopleTwittecomments/bfbsa8/finally_finding_a_skin_tone_bandaid/ Light-time - space https://www.reddit.com/space/comments/bdee5u/lighttime/ I just realised that the photo of the black hole is what it looked like 55 million years ago not what it looks like today - space https://www.reddit.com/space/comments/bbw6d6/i_just_realised_that_the_photo_of_the_black_hole/ If we were able to look at a black hole from different orientations we would be able to see light even from parts of the accretion disc behind the black hole as they are lensed above and below the shadow region [Credits: L. R. Weih & L. Rezzolla of Goethe University, Frankfurt] - space https://www.reddit.com/space/comments/bbs1l3/if_we_were_able_to_look_at_a_black_hole_from/ Powehi: black hole gets a name meaning 'the adorned fathomless dark creation' - Language professor in Hawaii comes up with name welcomed by scientists who captured first image of galactic phenomenon - space https://www.reddit.com/space/comments/bccxc5/powehi_black_hole_gets_a_name_meaning_the_adorned/ How to Understand the Image of a Black Hole - space https://www.reddit.com/space/comments/bb7q2o/how_to_understand_the_image_of_a_black_hole/ The M87 black hole image was an incredible feat of data management. One cool fact: They carried 1,000 pounds of hard drives on airplanes because there was too much to send over the internet! - space https://www.reddit.com/space/comments/bcs2mthe_m87_black_hole_image_was_an_incredible_feat/ High resolution Falcon Heavy thrusters - space https://www.reddit.com/space/comments/bd1k8q/high_resolution_falcon_heavy_thrusters/ MIT grad Katie Bouman, 29, is the researcher who led the creation of a new algorithm that produced the first-ever image of a black hole - space https://www.reddit.com/space/comments/bbr85mit_grad_katie_bouman_29_is_the_researcher_who/ For those confused about the orientation of the M87 black hole photograph. - space https://www.reddit.com/space/comments/bc343for_those_confused_about_the_orientation_of_the/ Astronomers Capture First Image of a Black Hole - space https://www.reddit.com/space/comments/bblt4f/astronomers_capture_first_image_of_a_black_hole/ Tokyo became a megacity by reinventing itself: Tokyo is a stunning metropolis home to more than 37 million people, yet it remains one of the world’s wealthiest, safest, and most creative urban centers - Futurology https://www.reddit.com/Futurology/comments/bcghxp/tokyo_became_a_megacity_by_reinventing_itself/ Why are we so bad at planning cities? From cul-de-sacs to retail parks, Britain’s planning rules cause environments that are bewildering, illogical and ugly. We have forgotten that urban areas are grown - Futurology https://www.reddit.com/Futurology/comments/bbwt1b/why_are_we_so_bad_at_planning_cities_from/ China who is the largest market for computer hardware says it wants to eliminate bitcoin mining. They believe it is unsafe, wasts resources and pollutes the environment. - Futurology https://www.reddit.com/Futurology/comments/bb5f7q/china_who_is_the_largest_market_for_compute Landing three boosters within two minutes of each other, one on a droneship in the ocean, is about as futuristic as private space tech would have ever been imagined just two decades ago. - Futurology https://www.reddit.com/Futurology/comments/bc863m/landing_three_boosters_within_two_minutes_of_each/ Falcon Heavy's boosters landing in Cape Canaveral - Futurology https://www.reddit.com/Futurology/comments/bcp1bp/falcon_heavys_boosters_landing_in_cape_canaveral/ First photo of a black hole in the heart of the M87 galaxy taken by the Event Horizon Telescope - Futurology https://www.reddit.com/Futurology/comments/bbly5z/first_photo_of_a_black_hole_in_the_heart_of_the/ Trump vowed to eliminate the debt in 8 years. He’s on track to leave it at least 50 percent higher. - Economics https://www.reddit.com/Economics/comments/bcevys/trump_vowed_to_eliminate_the_debt_in_8_years_hes/ Suicidal behavior has nearly doubled among children aged 5 to 18, with suicidal thoughts and attempts leading to more than 1.1 million ER visits in 2015 -- up from about 580,000 in 2007, according to an analysis of U.S. data. - science https://www.reddit.com/science/comments/bb0gr6/suicidal_behavior_has_nearly_doubled_among/ The first picture of a black hole opens a new era of astrophysics. The supermassive beast lies in a galaxy called M87 more than 50 million light-years away - science https://www.reddit.com/science/comments/bblu6v/the_first_picture_of_a_black_hole_opens_a_new_era/ Tiger Woods Wins 5th Masters Title; First Major Victory Since 2008 - sports https://www.reddit.com/sports/comments/bd5ssl/tiger_woods_wins_5th_masters_title_first_majo How Newt Gingrich Destroyed American Politics - The Atlantic https://www.theatlantic.com/magazine/archive/2018/11/newt-gingrich-says-youre-welcome/570832/ Polarization in Poland: A Warning From Europe - The Atlantic https://www.theatlantic.com/magazine/archive/2018/10/poland-polarization/568324/ The Meteorite Hunters Who Descended on the Carancas Fall | WIRED https://www.wired.com/story/scramble-claim-worlds-most-coveted-meteorite/ Charles Duhigg: Why Is America So Angry? - The Atlantic https://www.theatlantic.com/magazine/archive/2019/01/charles-duhigg-american-ange576424/
submitted by KlausFox to KlausFox [link] [comments]

Butters lose their minds when trying to defend Bitcoin's energy use

It would be hilarious if it wasn't so sad.
Here are some examples.
Currently Bitcoin mining consumes around 40,000,000 MW, which is roughly 0.2% of the world’s energy production. In the future it may consume around 10–20% of the world’s energy production, at least a 100x multiple from here, at the same time as supporting the world’s $80tn global economy, which is also a order of magnitude of 100 from where we are today.
Nope, I don't see any problem here!
Here's another genius:
In the hunt for cheap energy sources, we will unlock greater economic abundance in the real world. Bitcoin, through the harnessing of these new or disparate energy sources, not only moves us forward to a Kardeshev Type I economy but may bring us closer to a Kardeshev Type I energy civilization (We’re ~0.72 on the Kardashev Scale). With Bitcoin mining as an incentive, it may shrink the time we get to T1 from 200 years to less than a few decades. After reaching Type I status, there is less of a need to restrict the growth of energy consumption, which increases the standard of living for everyone.
Or, the glass is half empty, that white powder in your nose will lose its effect soon after writing this article, and we actually accelerate global warming to win a prize in a zero-sum game created by a speculative bubble that hasn't fallen apart yet because it's very easy to use for scams. Anyway, I'm an optimist so I'm planning on going out tomorrow and rolling coal with my SUV, to incentivize cleaner fuels. I predict that by rolling coal, I will help bring about the singularity. WHAT YOU GONNA DO ABOUT IT HUH, LIBCUCK STATIST SCUM?
Oh wait, how stupid of me. Bitcoin doesn't use enough electricity to bring us forward as a species. The banking industry uses far more electricity than bitcoin and actually accomplishes more than 3 transactions per second with it! This can mean only one thing: The banks are bringing us closer to a Kardeshev Type I energy civilization!
According to the article that trigger this discussion, Bitcoin annual Twh consumption is 28.67 , so currently more than 3 times more efficient than a very conservative calculation of the cost of the global banking system. Of course you will argue that the banking systems does more than handling a currency which is true but the difference is large enough that I do not think is that relevant. Even if only 30% of banks electricity consumption was the comparable part to Bitcoin, that will still make Bitcoin more efficient.
If we're comparing the entire banking industry to Bitcoin, are you including the tulip bulb container err hardware wallet I need to "be my own bank"? Are you including the full nodes we need to run 24/7 to serve as hubs on the lightning network? Are you including the servers of the big trading exchanges? Are you including the hundreds of people who work as customer support for the average big exchange? Are you including the Bitcoin ATM's where people can launder their cash? Are you including the data centers that run behind online wallets?
Calculating branch consumption is more tricky since there are lots of things to take into account like size of the branch or number of employees as well as several things consuming electricity like lights, cooling, computers, monitors, etc. And they are not open 24 x 365 so after looking at a couple of articles, I have decided to settle for a conservative number 10 kwh per branch assuming an average branch has 10 light bulbs, two air conditioning units that are only use 20% of the time and 12 desktop computers running an average of 12 hours a day, 20 days a month through the year.
Customer service peasants (subhuman plebs who can't code) work in the dark at 2AM in India without air conditioning to check your passport, this is how Bitcoin saves money compared to the banking industry.
Another expert suggests that perhaps people just like to stare at a blockchain, as if it were a work of art!
My point is that understanding the nature of proof-of-work and the incentives of mining valid blocks, as well as the security properties and thus the value of proof-of-work, might help to shift the perspective from “energy wasted” to “energy used for creating something valuable”. Most people value beautiful marble statues. A rising number of people value a chain of valid blocks.
I'm personally guessing people like staring at a blockchain because they imagine they're sitting on a pile of money without contributing to society, but what do I know.
Bitcoin Uses a Lot of Energy, But Gold Mining Uses More
One speculative bubble fueled by the greed of antisocial libertarians consumes more energy than another bubble fueled by the greed of antisocial libertarians. Perhaps we should consider investing money in projects that actually accomplish something, rather than buying tokens to hoard. I heard the exotic uncontacted tribe of almost anyone who's not an antisocial libertarian invests in this manner. I also heard you have more money today if you bought 1000 dollar worth of an index fund fifty years ago than 1000 dollar worth of gold, but perhaps society will collapse soon because of bitcoin mining induced global warming and your pile of gold/bitcoin will make you the village chief of a post-apocalyptic nightmare when everyone else's stock portfolio goes to zero.
submitted by yourasiansidekick to Buttcoin [link] [comments]

Bitcoin Mining Profitability: How Long Does it Take to Mine One Bitcoin in 2019?

When it comes to Bitcoin (BTC) mining, the major questions on people’s minds are “how profitable is Bitcoin mining” and “how long would it take to mine one Bitcoin?” To answer these questions, we need to take an in-depth look at the current state of the Bitcoin mining industry — and how it has changed — over the last several years.
Bitcoin mining is, essentially, the process of participating in Bitcoin’s underlying security mechanism — known as proof-of-work — to help secure the Bitcoin blockchain. In return, participants receive compensation in bitcoins (BTC).
When you participate in Bitcoin mining, you are essentially searching for blocks by crunching complex cryptographic challenges using your mining hardware. Once a block is discovered, new transactions are recorded and verified within the block and the block discoverer receives the block rewards — currently set at 12.5 BTC — as well as the transactions fees for the transactions included within the block.
Once the maximum supply of 21 million Bitcoins has been mined, no further Bitcoins will ever come into existence. This property makes Bitcoin deflationary, something which many argue will inevitably increase the value of each Bitcoin unit as it becomes more scarce due to increased global adoption.
The limited supply of Bitcoin is also one of the reasons why Bitcoin mining has become so popular. In previous years, Bitcoin mining proved to be a lucrative investment option — netting miners with several fold returns on their investment with relatively little effort.
bitcoin mining hardware
Mining Hardware
The mining hardware you choose will mostly depend on your circumstances — in terms of budget, location and electricity costs. Since the amount of hashing power you can dedicate to the mining process is directly correlated with how much Bitcoin you will mine per day, it is wise to ensure your hardware is still competitive in 2019.
Bitcoin uses SHA256 as its mining algorithm. Because of this, only hardware compatible with this algorithm can be used to mine Bitcoin. Although it is technically possible to mine Bitcoin on your current computer hardware — using your CPU or GPU — this will almost certainly not generate a positive return on your investment and you may end up damaging your device.
The most cost-effective way to mine Bitcoin in 2019 is using application-specific integrated circuit (ASIC) mining hardware. These are specially-designed machines that offer much higher performance per watt than typical computers and have been an absolutely essential purchase for anybody looking to get into Bitcoin mining since the first Avalon ASICs were shipped in 2013.
When it comes to selecting Bitcoin mining hardware, there are several main parameters to consider — though the importance of each of these may vary based on personal circumstances and budget.
Performance per Watt
When it comes to Bitcoin mining, performance per watt is a measure of how many gigahashes per watt a machine is capable of and is, hence, a simple measure of its efficiency. Since electricity costs are likely to be one of the largest expenses when mining Bitcoin, it is usually a good idea to ensure that you are getting good performance per watt out of your hardware.
Ideally, your mining hardware would be highly efficient, allowing it to mine Bitcoin with lower energy requirements — though this will need to be balanced with acquisition costs, as often the most efficient hardware is also the most expensive. This means it may take longer to see a return on investment.
In countries with cheap electricity, performance per watt is often less of a concern than acquisition costs and price-performance ratio. In most countries, operating outdated mining hardware is typically cost prohibitive, as energy costs outweigh the income generated by the mining equipment.
However, this may not be the case for those operating in countries with extremely cheap electricity — such as Kuwait and Venezuela — as even older equipment can still be profitable. Similarly, miners with a free energy surplus, such as from wind or solar electric generators, can benefit from the minimal gains offered by still running outdated hardware.
Longevity
The lifetime of mining hardware also plays a critical role in determining how profitable your mining venture will be. It’s always a good idea to do whatever possible to ensure it runs as smoothly as possible.
Since mining equipment tends to run at a full (or almost full) load for extended periods, they also tend to break down and fail more frequently than most electronics — which can seriously damage your profitability. Equipment failure is even more common when purchasing second-hand equipment. Since warranty claims are often challenging, it can often take a long time to receive a warranty replacement.
Price-Performance Ratio
In many cases, one of the major criteria used to select mining hardware is the price-performance ratio — a measure of how much performance a machine outputs per unit price. In the case of cryptocurrency mining hardware, this is commonly expressed as gigahashes per dollar or GH/$.
Under ideal circumstances, the mining hardware would have a high price-performance ratio, ensuring you get a lot of bang for your buck. However, this must also be considered in combination with the acquisition costs and the expected lifetime of the machine — since the absolute most powerful machines are not always the cheapest or the most energy efficient.
Acquisition Costs
Acquisition costs are almost always the biggest barrier to entry for most Bitcoin miners since most top-end mining hardware costs several thousand dollars. This problem is further compounded by the fact that many hardware manufacturers offer discounts for bulk purchases, allowing those with deeper pockets to achieve a better price-performance ratio.
Acquisition costs include all the costs involved in purchasing any mining equipment, including hardware costs, shipping costs, import duties, and any further costs. For example, many ASIC miners do not include a power supply — which can be another considerable expense, since the 1,000W+ power supplies usually required tend to cost several hundred dollars alone.
Ensuring your equipment runs smoothly can also add in additional costs, such as cooling and maintenance expenses. In addition, some miners may want to invest in uninterruptible power supplies to ensure their hardware keeps running — even if the power fails temporarily.
asic mining
Current Generation Hardware
One of the most recent additions to the Bitcoin mining hardware market is the Ebang Ebit E11++, which was released in October 2018. Using a 10nm fabrication process for its processors, the Ebit E11++ is able to achieve one of the highest hash rates on the market at 44TH/s.
In terms of efficiency, the Ebang Ebit E11++ is arguably the best on the market, offering 44TH/s of hash rate while drawing just 1,980W of power, offering 22.2GH/W performance. However, as of writing, the Ebang Ebit E11++ is out of stock until March 31, 2019 — while its price of $2,024 (excluding shipping) may make it prohibitively expensive for those first getting involved with Bitcoin mining.
Another popular choice is the ASICminer 8 Nano, a machine released in October 2018 that offers 44TH/s for $3,900 excluding shipping. The ASICminer 8 Nano draws 2,100W of power, giving it an efficiency of almost 21GH/W — slightly lower than the Ebit E11++ while costing almost double the price. However, unlike the E11++, the 8 Nano is actually in stock and available to purchase.
ASICminer also offers the 8 Nano Pro, a machine launched in mid-2018 that offers 80 TH/s of hash rate for $9,500 (excluding shipping). However, unlike the Ebit E11++ and 8 Nano, the minimum order quantity for the 8 Nano Pro is curiously set at five, meaning you will need to lay out a minimum of $47,500 in order to actually get your hands on one (or five).
While the 8 Nano Pro doesn’t offer the same performance per watt as the Ebit E11+ or AICMiner 8 Nano, it is one of the quieter miners on this list, making it more suitable for a home or office environment. That being said, the ASICminer 8 Nano Pro is easily the most expensive miner per TH on this list — costing a whopping $118.75/TH, compared to the $46/TH offered by the E11++ and $88.64 offered by the 8 Nano.
The latest hardware on this list is the Innosilicon T3 43T, which is currently available for pre-order at $2,279, and estimated to ship in March 2019. Offering 43TH/s of performance at 2,100W, the T3 43T comes in at an efficiency of 20.4GH/W, which is around 10 percent less energy efficient than the Ebit E11++.
The T3 43T also has a minimum order quantity of three units, making the minimum acquisition cost $6837 + shipping for preorders. All in all, the T3 43T is more costly and less efficient than the E11++ but may arrive slightly earlier since Ebang will not ship the E11++ units until at least end March 29, 2019.
Finally, this list would not be complete without including Bitmain’s latest offering, the Antminer S15-28TH/s, which — as its name suggests — offers 28TH/s of hash power while drawing just under 1600W at the wall. The Antminer S15 is one of the only SHA256 miners to use 7nm processors, making it somewhat smaller than some of the other devices on this list.
Like most pieces of top-end Bitcoin mining hardware, the Antminer S15 27TH/s model is currently sold out, with current orders not shipping until mid-February 2019. However, the S15 is offered at a significantly lower price than many of its competitors at just $1020 (excluding shipping), with no minimum quantity restriction. At these rates, the Antminer comes in at just $37.78/TH — though its energy efficiency is a much less impressive 17.5GH/W.
Mining Hardware Mining Hardware Comparison
Performance (GH/W) Price Performance Ratio ($/TH)
Ebang Ebit E11++ 22.2GH/W $46/TH
ASICminer 8 Nano 21GH/W $88.64/TH
ASICminer 8 Nano Pro 19GH/W $118.75/TH
Innosilicon T3 43T 20.4GH/W $53/TH
Antminer S15-28TH/s 17.5GH/W $37.78/TH
How To Select a Good Mining Pool
Mining pools are platforms that allow miners to pool their resources together to achieve a higher collective hash rate — which, in turn, allows the collective to mine more blocks than they would be able to achieve alone.
Typically, these mining pools will distribute block rewards to contributing miners based on the proportion of the hash rate they supply. If a pool contributing a total of 20 TH/s of hash rate successfully mines the next block, a user responsible for 10 percent of this hash rate will receive 10 percent of the 12.5 BTC reward.
Pools essentially allow smaller miners to compete with large private mining organizations by ensuring that the collective hash rate is high enough to successfully mine blocks on regular basis. Without operating through a mining pool, many miners would be unlikely to discover any blocks at all — due to only contributing a tiny fraction of the overall Bitcoin hash rate.
While it is quite possible to be successful mining without a pool, this typically requires an extremely large mining operation and is usually not recommended — unless you have enough hash rate to mine blocks on a regular basis.
Although it is technically possible to discover blocks mining solo and keep the entire 12.5 BTC reward for yourself, the odds of this actually occurring are practically zero — making pool collaboration practically the only way to compete in 2019 and beyond.
Selecting the best pool for you can be a challenging job since the vast majority of pools are quite similar and offer similar features and comparable fees. Because of this, we have broken down the qualities you should be looking for in a new pool into four categories; reputation, hash rate, pool fees, and usability/features:
Reputation
The reputation of a pool is one of the most important factors in selecting the pool that is best for you. Well-reputed pools will tend to be much larger than newer or less well-established pools since few pools with a poor reputation can stand the test of time.
Well-reputed pools also tend to be more transparent about their operation, many of which provide tools to ensure that each user is getting the correct reward based on the hash rate contributed. By using only pools with a great reputation, you also ensure your hash rate is not being used for nefarious purposes — such as powering a 51 percent attack.
When comparing a list of pools that appear suitable for you, it is a wise move to read their user reviews before making your choice — ensuring you don’t end up mining at a pool that steals your hard-fought earnings.
Hash Rate
When it comes to mining Bitcoin, the probability of discovering the next block is directly related to the amount of hashing power you contribute to the network. Because of this, one of the major features you should be considering when selecting your pool is its total hash rate — which is often closely related to the proportion of new blocks mined by the pool
Since the total hash rate of a pool is directly related to how quickly it discovers new blocks, this means the largest pools tend to discover a relative majority of blocks — leading to more regular rewards. However, the very largest pools also tend the have higher fees but often make up for this with sheer success and additional features.
Sometimes, some of the largest pools have a minimum hash rate requirement ù leaving some of the smaller miners left out of the loop. Although smaller pools typically have more relaxed requirements with reduced performance thresholds, these pools may be only slightly more profitable than mining solo.
Pool Fees
When choosing a suitable pool, typically one of the major considerations is its fees. Typically, most pools will charge a small fee that is deducted from your earnings and is usually around 1-2 percent — but sometimes slightly lower or higher.
There are also pools that offer 0 percent fees. However, these are often much smaller than the major pools and tend to make their money in a different way — such as through monthly subscriptions or donations.
Ideally, you will choose the pool that offers the best balance of fees to other features. Usually, the pool with the absolute lowest fees is not the best choice. Additionally, pools with the lowest fees often have the highest withdrawal minimums — making pool hopping uneconomical for most.
Usability and Features
When first starting out with Bitcoin mining, learning how to set up a pool and navigating through the settings can be a challenge. Because of this, several pools target their services to newer users by offering a simple to navigate user interface and providing detailed learning resources and prompt customer support.
However, for more experienced miners, simple pools don’t tend to offer a variety of features needed to maximize profitability. For example, although many mining pools focus their entire hash rate towards mining a single cryptocurrency, some are large enough to offer additional options — allowing users to mine other SHA256 coins such as Bitcoin Cash (BCH) or Fantom if they choose.
These pools are technically more challenging to use and mostly designed for those familiar with mining, happy to hop from coin to coin mining whichever is most profitable at the time. There are even some exchanges that automatically direct their combined hash rate at the most profitable cryptocurrency — taking the guesswork out of the equation.
bitcoin mining pool
Best Mining Pools for 2019
The Bitcoin mining pool industry has a large number of players, but the vast majority of the Bitcoin hash rate is concentrated within just a few pools. Currently, there are dozens of suitable pools to choose from — but we have selected just a few of the best to help get you started on your journey.
Slushpool was the first Bitcoin mining pool released, being launched way back in 2010 under the name “Bitcoin Pooled Mining Server.” Since then, Slushpool has grown into one of the most popular pools around — currently accounting for just under 10 percent of the total Bitcoin hash rate.
Although Slushpool isn’t one of the very largest pools, it does offer a newbie-friendly interface alongside more advanced features for those that need them. The pool has moderately high fees of 2 percent but offers servers in several countries — including the U.S., Europe, China, and Japan — giving it a good balance of fees to features.
BTC.com is another potential candidate for your pool and currently stands as the largest public Bitcoin mining pool. It is responsible for mining around 17 percent of new blocks. Being the largest public mining pool provides users with a sense of security, ensuring blocks are mined regularly and a stable income is made.
Image courtesy of Blockchain.info.
BTC.com is owned by Bitmain, a company that manufacturers mining hardware, and charges a 1.5 percent fees — placing it squarely in the middle-tier in terms of fees. Unlike other platforms, BTC.com uses its own payment structure known as FPPS (Full Pay Per Share), which means miners also receive a share of the transaction fees included within mined blocks — making it slightly more profitable than standard payment per share (PPS) pools.
Another great option is Antpool, a mining pool that supports mining services for 10 different cryptocurrencies, including Bitcoin, Litecoin (LTC) and Ethereum (ETH). AntPool frequently trades places with BTC.com as the largest Bitcoin mining pool. However, as of this writing, it occupies the title of the third-largest public mining pool.
What sets Antpool apart from other pools is the ability to choose your own fee system — including PPS, PPS+, and PPLNS. If you choose PPLNS, using Antpool is free but you will not receive any transaction fees from any blocks mined. Antpool also offers regular payouts and has a low minimum payout of just 0.001 BTC, making it suitable for smaller miners.
Last on the list of the best Bitcoin mining pools in 2019 is the Bitcoin.com mining pool. Although this is one of the smaller pools available, the Bitcoin.com pool has some redeeming features that make it worth a look. It offers mining contracts, allowing you to test out Bitcoin mining before investing in mining equipment of your own. According to Bitcoin.com, they are the highest paying Pay Per Share (PPS) pool in the world, offering up to 98 percent block rewards as well as automatic switching between BTC and BCH mining to optimize profitability.

Electricity Costs
While your mining hardware is most important when it comes to how much BTC you can earn when mining, your electricity costs are usually the largest additional expense. With electricity costs often varying dramatically between countries, ensuring you are on the best cost-per-KWh plan available will help to keep costs down when mining.
Most commonly, large mining operations will be set up in countries where electricity costs are the lowest — such as Iceland, India, and Ukraine. Since China has one of the lowest energy costs in the world, it was previously the epicenter of Bitcoin mining. However, since the government began cracking down on cryptocurrencies, it has largely fallen out of favor with miners.
Technically, Venezuela is one of the cheapest countries in the world in terms of electricity, with the government heavily subsidizing these energy costs — while Bitcoin offers an escape from the hyperinflation suffered by the Venezuelan bolivar. Despite this, importing mining hardware into the country is a costly endeavor, making it impractical for many people.
Finding ways to lower your electricity costs is one of the best ways to improve your mining profitability. This can include investing in renewable energy sources such as solar, geothermal, or wind — which can yield increased profitability over the long term.
if you are looking to buy bitcoin mining equipment here is some links:

Model Antminer S17 Pro (56Th) from Bitmain mining SHA-256 algorithm with a maximum hashrate of 56Th/s for a power consumption of 2385W.
https://miningwholesale.eu/product/bitmain-antminer-s17-pro-56th-copy/?wpam_id=17
Model Antminer S9K from Bitmain mining SHA-256 algorithm with a maximum hashrate of 14Th/s for a power consumption of 1323W.
https://miningwholesale.eu/product/bitmain-antminer-s9k-14-th-s/?wpam_id=17
Model T2T 30Tfrom Innosilicon mining SHA-256 algorithm with a maximum hashrate of 30Th/s for a power consumption of 2200W.
https://miningwholesale.eu/product/innosilicon-t2t-30t/?wpam_id=17
mining wholesale website:
https://miningwholesale.eu/?wpam_id=17
submitted by mohamadk to Bitcoin [link] [comments]

Stellar Lumens HODL alert: 2017 Round up, Partnerships, Lumens vs. Other Cryptos

Welcome everyone! The future of Stellar Lumens is bright! Today we will look at the accomplishments of Stellar.org in 2017.
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2017 Round Up
IBM / Stellar Partnership
• Kik Messenger’s KIN coin to move from Ethereum to Stellar in 2018
• Stellar ATM introduced in Singapore
• Jed McCaleb confirms IBM/Stellar has 30 banks on board (Youtube Video)
Lightyear.io enables forward thinking financial entities to easily join the Stellar ecosystem.
• IBM adds 8 new validators from 8 different countries onto the Stellar network (article)
Forbes calls Stellar “venmo, but on a global scale - and for larger bodies like banks and corporations.”
• Stellar Lumens Is Up 6,300% Since March and Is Aiming for Big Blockchain Partners (article)
• Many new partnerships (listed below) that will be using the Stellar network in 2018.
Binance and GoPax Exchanges Adds Stellar
Ledger Nano S support is now available for Lumens (XLM)
• The next coin to break into the top 10 cryptos (article)
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2017 Partnerships & Financial Institutions
IBM - is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries. IBM partnered with Stellar to help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for businesses and consumers.
SatoshiPay - a web payment system that helps online publishers monetize digital assets like news articles, videos, or PDFs in tiny increments without friction.
EXCH.ONE - is a FinTech software company based in Switzerland currently working to integrate its platform and its first technology adopter Euro Exchange Securities UK Ltd. into the Stellar network. This addition to the Stellar network will bring access to currency markets of South and Central America,UK and a number of EU countries.
Novati (ASX:NOV) - is an Australian-based software technology and payment services provider. Novatti is currently working to integrate it’s platform into the Stellar network with the ultimate aim to build a global money transfer solution to provide cross border, cross currency and cross asset payments.
Pundi X - is an Indonesia based fintech company that provides POS device, debit card, multi-currency wallet that empowers individuals to buy and sell cryptocurrency at any physical store in the world. They say "buying cryptocurrency should be as easy as buying a bottled water."
MoneyMatch - is a Malaysia based fintech startup that provides a fully-digital peer-to-peer currency exchange platform for customers to transfer and exchange foreign currencies with complete ease and at great value. The company plans to integrate with the Stellar network and enable pay in and pay out from Malaysia.
Streami - is a Korea based fintech company that offers blockchain enabled cross-border remittance service and recently launched a cryptocurrency exchange. The partnership extends both on the exchange side and remittance operations.
Neoframe - is developing and marketing trading solutions for big brokerage firms in Korea and extends its business to blockchain based applications. Neoframe developed high performance centralized cryptocurrency exchange as well as secure wallet solutions and is working with big financial players. The company is planning to launch a remittance business for ASEAN countries (Thailand, Vietnam, Indonesia, Malaysia, Philippines, Singapore, Myanmar (Burma), Cambodia, Laos, Brunei) using Stellar.
SureRemit($RMT) - is a Nigeria based global non-cash remittances company. SureRemit leverages the Stellar blockchain platform to connect immigrants abroad directly with merchants that provide the services needed by their loved ones back home. With Remit tokens, immigrants all over the world can access digital shopping vouchers that can be spent on goods and services at accepting merchants wherever they are.
Cowrie Integrated Systems - is a Nigerian based Value Added Service Provider. Cowrie provides services at the intersection between telecoms and finance. Cowrie recently joined the Stellar network to bring novel fintech services to the African market.
Smartlands - is a Stellar-based platform designed to create a new class of low-risk tokens, secured by real, profitable assets in the real-world economy. Smartlands is designed to promote investments in the agricultural sector by allowing investment in individual projects, agricultural companies or indexes of groups of projects. These investments will be fully collateralized by agricultural real estate, other productive assets such as fruit or nut trees or, in some cases, the actual crop.
Klick-Ex - is an award winning regional cross-border payments system delivering financial infrastructure for emerging markets. It has been responsible for dramatic uptake in digital financial services in unbanked regions of the world, and lowering costs for banks, central banks and consumers in low liquidity currencies. Its key presence is in the Pacific and Europe, and it is a founding member of www.APFII.org processing more than 775,000 transactions per second, per billion of population (source).
Mobius - Mobius connects any app, device, and data stream to the blockchain ecosystem. Our simple and easy to use bidirectional API allows non-blockchain developers to easily connect resources to smart contracts and more. The Mobius MVP acts like Stripe for Blockchain by introducing innovative standards for cross-blockchain login, payment, smart contract management, and oracles. The Mobius Team includes David Gobaud, Jed McCaleb (Stellar.org founder), Jackson Palmer (creator of Dogecoin), and Chandler Guo (notorious Bitcoin & blockchain investor).
Chaineum - Chaineum, the first French ICO Boutique, will use the Stellar network for upcoming ICOs. “Chaineum is positioned as the first “ICO Boutique” in France, providing a range of end-to-end services to companies and international start-ups wishing to develop with this new funding mechanism. Chaineum is preparing 8 ICOs by the end of 2017, for European, North American and Asian companies, of which cumulative amount could reach € 200 million." (source)
Poseidon Foundation - Poseidon will simplify the carbon credit market with the creation of an ecosystem built on Stellar.org’s blockchain technology. This technology will prevent double counting of carbon and will be consistent across jurisdictions, making it easier for companies to deliver and measure progress towards their climate targets or other goals such as deforestation-free commitments.
Remitr - Remitr is a global platform for cross border payments, licensed in Canada. Remitr uses the Stellar network for international settlements for businesses as well as other payment partners. Remitr’s own payout network of 63 countries, comprising several currencies, is extended onto the Stellar network.
MSewa Software Solution (MSS) - MSewa Software Solution (MSS) Payments provides a one-stop digital payment service available across the Globe. MSS Payments aims at serving the consumers (Banked, Unbanked and Underbanked) with mobile banking facilities on the move from anywhere by transferring funds in their mobile phone.
PesaChoice - PesaChoice is a leader in international bill payment services for the African diaspora. PesaChoice aims at making international bill payment process easy, seamless, secure, with reasonable and competitive service fees, and up to date technological advances.
SendX - Singapore based SendX, in partnership with Stellar, is the better way to move money worldwide. The SendX team believes that the future of transactions is decentralized and distributed, bringing true equity to everyone across the value chain.
VoguePay - VoguePay, with offices in the United Kingdom and Nigeria, is partnering with Stellar to become the cheapest and most efficient way to send money between the United Kingdom and Nigeria. In the coming months, they expect to expand this service to other selected African countries.
HashCash - Hashcash consultants build financial solutions for banks and financial institutions over blockchain. We leverage the Stellar platform to build products that vastly improve the remittance and payments experience for banks and their customers. Transfers happen lightning fast at a fraction of current rates and operational cost is significantly reduced. HashCash is headquartered in India, with operations across South Asia and the Gulf.
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Stellar Lumens vs Other Cryptocurrencies
Lumens vs. Bitcoin: Jed McCaleb spoke at Distributed Markets in 2017 about the advantages, but more importantly, the disadvantages of Bitcoin. Listen to the talk here. Jed said, “Bitcoin is this awesome innovation. The first thing it does is converts a real world resource, electricity, into a digital asset. So it takes something from the real world and puts it into the digital realm. The second thing it does is provides immutable public record. It’s basically a database that everyone can see but no one change arbitrarily… That’s great, Bitcoin solves the double spin problem [ of proving possession and transmitting volume]… [However, to fix the problems of bitcoin] you might think well maybe we’ll just kind of keep adding [software] to Bitcoin until we get there, but that’s not really the way software works. You want to have the design from the beginning and solve these simple issues. Bitcoin was designed to be a new currency, it wasn’t really designed to be this unifying universal payment network. So that’s what Stellar does. It solves these three remaining issues.”
Lumens vs. Bitcoin #2: According to wired.com, "Bitcoin mining guzzles energy - and it's carbon footprint just keeps growing." Wired says "Today, each bitcoin transaction requires the same amount of energy used to power nine homes in the US for one day... The total energy use of this web of hardware is huge—an estimated 31 terawatt-hours per year. More than 150 individual countries in the world consume less energy annually. And that power-hungry network is currently increasing its energy use every day by about 450 gigawatt-hours, roughly the same amount of electricity the entire country of Haiti uses in a year." Because Stellar is based on a consensus algorithm rather than mining, it takes much less energy to run the Stellar network. The Poseidon Foundation decided to build their platform on Stellar rather than Ethereum or Bitcoin because of this (twitter source).
Lumens ICO tokens vs. Ethereum ICO tokens: According to Stellar.org, "traditionally, ICO tokens have been issued on the Ethereum network in the form of ERC20 tokens. ERC20 tokens are easy to issue and are infinitely customizable using Ethereum’s smart contracting language. However, recent events have highlighted and exacerbated some weaknesses of the network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. Moreover, many organizations require only basic tokens; they adopt the risk of Ethereum’s Turing complete programming language without taking advantage of many of its benefits."
"While Ethereum has the most expressive programming capabilities, we believe Stellar is the best choice for ICOs that do not require complex smart contracts. Stellar’s primary goal is to facilitate issuing and trading tokens, especially those tied to legal commitments by known organizations, such as claims on real-world assets or fiat currency."
Stellar vs. Ethereum #2: The median transaction time on Stellar is 5 seconds, compared to approximately 3.5 minutes on Ethereum (source). Stellar has a negligible transaction fee (.00001 XLM ~= $0.0000002) with no gas fee for computation, while depending on the complexity of the computation, the median cost for a transfer on the Ethereum network is $0.094. Security: While both Stellar and Ethereum run on a decentralized network, the Stellar network has fewer security pitfalls. Stellar uses atomic transactions comprised of simple, declarative operations while Ethereum uses turing complete programming capabilities which produces less auditable code and greater risk of exploitable vulnerabilities (source). Recently, a security flaw in the Ethereum network froze millions of dollars. According to Mobius ariticle written by David Gobaud, "On November 6, 2017, Github user deveps199 'accidentally' triggered a bug in Parity, a popular Ethereum mult-sig wallet, that froze more than $152 million in Ether across 151 addresses. The bug impacted several token sales including Polkadot, which has had ~$98 million out of its recent $145 million sale frozen."
"Mobius had none of its ongoing pre-sale Ether frozen because we do not trust Ethereum’s Smart Contract based multi-sig wallets given the vast Turing complete attack surface and did not use one. Security broadly is one of the main reasons the MOBI token that powers the DApp Store is a Stellar Protocol token and not an Ethereum token."
Lumens vs. Ripple: According to Wall Street Bitcoin Exchange, "Many investors like to compare the company [Stellar] to Ripple, and there are a lot of similarities, being that some of the founders worked on the Ripple team. In what can now be looked at as another blockchain development drama that plays out on chat boards and in interviews all across the globe. Stellar declared they fixed Ripple’s problems with their hard fork, however, Ripple has failed to admit to any of the flaws in its design that the Stellar team has pointed out." The article concludes by saying, "We Choose XLM Over XRP For 2018. That is why we are going with Stellar Lumens over Ripple in our portfolio for the rest of 2017 and 2018. After holding Ripple for a long time this year, it just never seems to make the big break like other names with bigger market caps like Bitcoin Cash, Dash, and Litecoin have. While we are holding on most all our larger market caps, we feel that Stellar Lumens will be one of the break out coins for 2018."
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Conclusion
The stellar.org team is doing an amazing job making partnerships and pioneering the use of blockchain technology for various types of transactions. What we are seeing is a new technology that can actually be used to solve real-world problems. As a community, we need to continue supporting Stellar and we will quickly see it power transactions across the world. What are your thoughts about Stellar? What do you see in the future of Stellar? Any important news you want to share? Comment below.
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Daily analysis of cryptocurrencies 20191015(Market index 39 — Fear state)

Daily analysis of cryptocurrencies 20191015(Market index 39 — Fear state)

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Indian Supreme Court Postpones Crypto Case To November The Supreme Court of India on Oct 15 once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case on Oct 15.
Ripple Battles Crypto FUD: ‘99.9% Of All XRP Trading, We Have Nothing To Do With’ Ripple CEO Brad Garlinghouse says the San Francisco startup has dramatically reduced the amount of XRP it’s selling over-the-counter. Each day, Ripple calculates the total amount of XRP sold across all exchanges based on volume data from CryptoCompare. It then sells 10 basis points of that total volume or 0.10% of its own XRP. “One of the things that we actually agree with is, we try to have a constructive way to engage the market by saying, ‘We’re going to sell OTC and we’re going to sell programmatically at ten basis points of daily market activity’ … Every day Ripple is 10 basis points of the overall XRP volume. If there’s $100 million worth of daily volume before Ripple does anything, Ripple would be $100,000 in sales. 99.9% of all XRP trading, we have nothing to do with,” he stated.
Bank Of England Governor: Libra May Be An Alternative To The UK Payment System Bank of England Governor Mark Carney states that Facebook’s cryptocurrency Libra may be an alternative to the payment system in the UK since the latter is not good enough, Jin10.com reports on Oct 15.
CMCC, UnionPay And Others Announce The Formal Test Of Blockchain Service Network (BSN) China National Information Center, China Mobile Communications Group (CMCC) and China UnionPay jointly announced the formal test of blockchain service network (BSN) designed and built by six institutions in Beijing. BSN is top-level planned by China National Information Center and independently developed and successfully put into practice by China UnionPay and CMCC adopting the relevant blockchain technology and existing network resources and data centers. It is a nation-wide blockchain service infrastructure platform that spans public networks, regions and institutions in China.

Encrypted project calendar(October 15, 2019)

RUFF/RUFF Token: Ruff will end the three-month early bird program on October 15th KAT/Kambria: Kambria (KAT) exchanges ERC20 KAT for a 10% bonus on BEP2 KAT-7BB, and the token exchange reward will end on October 15. BTC/Bitcoin: The Blockchain Technology Investment Summit (CIS) will be held in Los Angeles from October 15th to 16th. OTOCASH (OTO): 15 October 2019 Escodex Shutdown “ All OTO HOLDERs who have assets on ESCODEX EXCHANGE to immediately withdraw your assets before October 15th, 2019 4:00 PM” (CRYPTO): 15 October 2019 Hard Fork Summit Hard Fork Summit 2019 by TNW . “Where finance and business meets tech.” Amsterdam, October 15–17. Cardano (ADA): 15 October 2019 NYC Meetup “Next week on October 15th Nathan Kaiser, Chairperson of the Cardano Foundation, will be in attendance to meet community members in NYC FunFair (FUN): 15 October 2019 Marketing AMA “The FunFair Marketing AMA… will be held on Tuesday the 15th of October at 2pm in the Live team chat channel on Discord Ark (ARK): 15 October 2019 ARK Core v2.6 on Devnet “We are very excited to announce #ARK Core v2.6 will be launching on #Devnet, October 15th, 2019! “ DigiByte (DGB): 15 October 2019 BitMart Listing DigiByte (DGB) will be listed on BitMart Exchange on October 15, 2019. The following trading pair will be available: DGB/BTC. ThoreNext (THX): 15 October 2019 Staking Goes Live “Staking live from 15 OCT 2019.”

Encrypted project calendar(October 16, 2019)

BTC/Bitcoin: The 2019 Blockchain Life Summit will be held in Moscow, Russia from October 16th to 17th. MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on the theme of “Technology Problem Solving and Testing IoT Devices” at the University of Southern California in Los Angeles on October 16. ETH/Ethereum: Ethereum launches Istanbul (Istanbul) main network upgrade, this main network upgrade involves 6 code upgrades. QTUM/Qtum: Qtum (QTUM) Qtum main network hard fork is scheduled for October 16. (CRYPTO): and 1 other 16 October 2019 Supply Chains Unblocked Supply Chains Unblocked in London from 9:30 AM — 6 PM. Binance Coin (BNB): 16 October 2019 Singapore Meetup “Bring your friends to come along with, & it will be FUN! With snacks and drinks.” IoTeX (IOTX): 16 October 2019 Mainet Beta “The next evolution of IoTeX blockchain, secure IoT hardware, and decentralized identity is coming October 16 — mark your calendars.” Selfkey (KEY): 16 October 2019 Corporate Wallet Release “Soon, wallet users will be able to manage corporate profiles and identity attributes.” Cardano (ADA): 16 October 2019 Washington D.C. Meetup “Nathan Kaiser, Chairperson of the Cardano Foundation, will join the community in Washington DC on Oct 16, and talk about the recent

Encrypted project calendar(October 17, 2019)

Holo (HOT): 17 October 2019 Redgrid AMA “Join us for the AMA with RedGrid on October 17th. Submit your questions before the AMA on our Holochain Dev Forum.” IOST (IOST): 17 October 2019 Breeding Competition Ends “Join IOST 2nd Breeding Competition by @FishChainGame now! The competition only lasts till 17 Oct” Aragon (ANT): 17 October 2019 Seoul Meetup “You are invited to join @licuende for a meetup and presentation on ‘Aragon and DAOs: What’s next after ICOs and DeFi?’” Skycoin (SKY): 17 October 2019 NYC Skywire Meetup NYC Skywire Mainnet Meetup in NYC from 6–8 PM. Horizen (ZEN): 17 October 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.

Encrypted project calendar(October 18, 2019)

BTC/Bitcoin: The SEC will give a pass on the VanEck/SolidX ETF on October 18th and make a final decision HB/HeartBout: HeartBout (HB) will officially release the Android version of the HeartBout app on October 18. OKB (OKB): 18 October 2019 Rotterdam Meetup “Meet us in Rotterdam on 18 Oct as we partner up with Crypto010 Meetup to bring you a talk on ‘Decentralized Finance’.” HeartBout (HB): 18 October 2019 Android Version “18th of October 2019 will be officially released Android version of HeartBout app.” BTU Protocol (BTU): and 2 others 18 October 2019 Paris Blockchain Summit The event will gather major international key players of the Blockchain ecosystem including well-known influencers, investors, government…

Encrypted project calendar(October 19, 2019)

PI/PCHAIN Network: The PCHAIN (PI) backbone (Phase 5, 82 nodes, 164, 023, 802 $ PI, 7 candidates) will begin on October 19. LINK/ChainLink: Diffusion 2019 will be held in Berlin, Germany from October 19th to 20th DeepBrain Chain (DBC): 19 October 2019 (or earlier) Deploy Main Chain “Deploy Main Chain,” during the third week of October. General Event (CRYPTO): and 1 other 19 October 2019 Free State Blockchain “This “unconference” style event brings together some of the top financial tech innovators, researchers, company leaders, and other…” PCHAIN (PI): 19 October 2019 Main Chain Voting “Main chain: Epoch 5, 82 nodes, 164,023,802 $PI, 7 Candidates, voting will start on Oct. 19th.” Nash Exchange (NEX): 19 October 2019 Nash Anniversary Nash will present their work from the third quarter of 2019. Team members will be present and to answer your questions in person.

Encrypted project calendar(October 20, 2019)

GameCredits (GAME): 20 October 2019 (or earlier) Mining Reward Drop GameCredits mining reward will be cut in half at block 2519999 (~October 20). This will be the 4th halvening of the GAME mining reward! Aeternity (AE): 20 October 2019 Starfleet 3 App Deadline #Starfleet3 is happening in Malta and you have by October 20th to apply!

Encrypted project calendar(October 21, 2019)

KNC/Kyber Network: The official online hackathon of the Kyber Network (KNC) project will end on October 21st, with more than $42,000 in prize money. Horizen (ZEN): 21 October 2019 Sidechains Alpha Release Horizen releasing the alpha version of industry first decentralized and unfederated sidechains. Horizen (ZEN): 21 October 2019 Updated Whitepaper Horizen releasing an updated whitepaper.

Encrypted project calendar(October 22, 2019)

ZRX/0x: The 0x protocol (ZRX) Pantera blockchain summit will be held on October 22. Locus Chain (LOCUS): 22 October 2019 Public Test Begins Public test runs for three days from October 22nd to October 24th.

Encrypted project calendar(October 23, 2019)

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 23rd at the University of Southern California in Los Angeles with the theme “Connecting the I3 Market and Experiencing Purchase and Sales Data.” BTC/Bitcoin: The WBS World Blockchain Summit (Middle East) will be held in Dubai from October 23rd to 24th. Cardano (ADA) and 1 other: 23 October 2019 WBS Dubai “One of a kind gathering of 500+ curated & pre-qualified investors, CEOs, CIOs, CTOs, Heads of Blockchain, Chief Digital Officers CloakCoin (CLOAK): 23 October 2019 (or earlier) CloakCoin Competition “CloakCoin competition : solve the CloakCoin ENIGMA transaction, 3rd round.” Loom Network (LOOM): 23 October 2019 Singapore Meetup “Unstack the Stack Series: Loom Network” from 6:30–8:30 PM (SST).

Encrypted project calendar(October 24, 2019)

BCN/Bytecoin: Bytecoin (BCN) released the hidden amount of the Bytecoin block network on October 24.

Encrypted project calendar(October 25, 2019)

ADA/Cardano: Cardano (ADA) The Ada community will host a community gathering in the Dominican Republic for the first time on October 25.

Encrypted project calendar(October 26, 2019)

KAT/Kambria: Kambria (KAT) Kambria will host the 2019 Southern California Artificial Intelligence and Data Science Conference in Los Angeles on October 26th with IDEAS. BTC/Bitcoin: CoinAgenda Global Summit will be held in Las Vegas from October 26th to 28th

Encrypted project calendar(October 28, 2019)

LTC/Litecoin: Litecoin (LTC) 2019 Litecoin Summit will be held from October 28th to October 29th in Las Vegas, USA BTC/Bitcoin: Mt.Gox changes the debt compensation plan submission deadline to October 28 ZEC/Zcash: Zcash (ZEC) will activate the Blossom Agreement on October 28th

Encrypted project calendar(October 29, 2019)

BTC/Bitcoin: The 2nd World Encryption Conference (WCC) will be held in Las Vegas from October 29th to 31st.

Encrypted project calendar(October 30, 2019)

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 30th at the University of Southern California in Los Angeles on the topic “How to store data on IOTA Tangle.”

Encrypted project calendar(November 1, 2019)

INS/Insolar: The Insolar (INS) Insolar wallet and the redesigned Insolar Block Explorer will be operational on November 1, 2019.

Encrypted project calendar(November 6, 2019)

STEEM/Steem: The Steem (STEEM) SteemFest 4 conference will be held in Bangkok from November 6th to 10th.

Encrypted project calendar(November 8, 2019)

BTC/Bitcoin: The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th.

Encrypted project calendar(November 9, 2019)

CENNZ/Centrality: Centrality (CENNZ) will meet in InsurTechNZ Connect — Insurance and Blockchain on October 9th in Auckland.
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In the past three sessions, there were mostly range moves in bitcoin below the $8,400 resistance against the US Dollar. Earlier, BTC price declined below the $8,200 support area and the 100 hourly simple moving average. A new weekly low was formed near $8,148 and recently the price started a decent upside correction. It broke the $8,200 and $8,300 levels to avoid any further losses.
Moreover, there was a break above the 50% Fib retracement level of the last slide from the $8,471 high to $8,148 swing low. The price even spiked above the $8,400 level and the 100 hourly simple moving average. However the upward move was capped and the bulls failed to gain momentum above $8,400. It seems like the 76.4% Fib retracement level of the last slide from the $8,471 high to $8,148 swing low acted as a strong resistance.
At the moment, the price is trading in a range below the $8,400 resistance area. Additionally, there is a new breakout pattern forming with resistance near $8,400 on the hourly chart of the BTC/USD pair. Above the triangle resistance, bitcoin price could face resistance near the $8,460 level. A successful close above $8,460 and a follow through above the $8,500 resistance might set the pace for a fresh increase in the near term.
On the downside, the triangle support is near the $8,280 level. If there is a downside break, the price could retest the main $8,200 support area. Should there be a daily close below the $8,200 support, the price may perhaps continue to slide towards the $8,000 and $7,800 support levels.
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