Bitcoin Mining Pool Bitcoin.com

NiceHash - buy & sell hashing power

NiceHash offers you to buy or sell hashing power directly, no contracts, no limitations, pay-as-you-go if you're a buyer and be-paid-as-you-go if you're a seller. Why bother renting rigs, when you can rent hashing power? NiceHash brings more to renters and rig owners. Visit https://www.nicehash.com today! Simply create order and you are already mining your favorite coin or point your rig to our stratum server and you are already earning bitcoins.
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Trade anything with FlappyCoin

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FlappyCoin Mining

Mine FlappyCoins with the helpful resources in this page.
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08-10 08:44 - 'Top 7 most profitable mining pools for beginners' (medium.com) by /u/jokoge removed from /r/Bitcoin within 0-7min

Top 7 most profitable mining pools for beginners
Go1dfish undelete link
unreddit undelete link
Author: jokoge
submitted by removalbot to removalbot [link] [comments]

BitCoin For Beginners - Top 3 Mining Pools

submitted by gripmyhand to cexio [link] [comments]

Mining Ethereum in 2020. It's a good time.

There are two main theories about how ETH will develop further. One suggests that ETH is completely dependent on Bitcoin, it rises and falls along with it at the same time. The second theory argues that Ethereum may soon lose its altcoin status and become an independent cryptocurrency - according to researchers at the San Francisco Open Exchange (SFOX), for example.
Since the beginning of the year, ETH has risen in price by more than 34%, and this trend continues. Some experts expect the coin to rise to $400- $500 by the end of 2020, the most positive optimists expect it to reach $2,000 in the next year. And all because of the DeFi’s boom and the massive tokenization process, which became possible thanks to the Ethereum technology.
Foolproof Mining
Today, to start mining Ether, you do not need to undergo special training or be super tech-savvy. Forums have useful information for beginners. Mining equipment manufacturers are investing more and more money in creating the most productive and easy-to-use and energy-efficient hardware possible.
According to Technavio's calculations, the volume of the world market for mining equipment in 2019-2023 will grow by $2.7 billion. Users usually benefit from such a race, because when the opportunity to “show off technologies” ends, vendors begin to reduce prices for their solutions and offer special conditions.
As for software, it is better to mine on a specialized one and avoid unnecessary problems. For example, ethOS or CoinFly's COS copes well with high loads, manages mining processes of any scale and on any equipment through a single interface, automates routine and controls income and expenses.
Profit in Mining Pool
Great thing about mining in 2020 is that you can choose a convenient profitable pool that will regularly fill your virtual pockets with Ether and sleep peacefully, read about what to look for when choosing a pool here. The main thing is to understand which one brings more money. Take a look at the CoinFly pool, which according to independent tests’ giving well profit…
Hedge risks
Whenever you’re afraid of losing income due to price fluctuations, buy Put Options (on Binance, for example) oand short ETH futures.
Thank You!
submitted by OklahomaItaly to CryptoCurrency [link] [comments]

Why is it still not too late to start and continue mining Ethereum in 2020

There are two main theories about how ETH will develop further. One suggests that ETH is completely dependent on Bitcoin, it rises and falls along with it at the same time. The second theory argues that Ethereum may soon lose its altcoin status and become an independent cryptocurrency - according to researchers at the San Francisco Open Exchange (SFOX), for example.
Since the beginning of the year, ETH has risen in price by more than 34%, and this trend continues. Some experts expect the coin to rise to $400- $500 by the end of 2020, the most positive optimists expect it to reach $2,000 in the next year. And all because of the DeFi’s boom and the massive tokenization process, which became possible thanks to the Ethereum technology.
Foolproof Mining
Today, to start mining Ether, you do not need to undergo special training or be super tech-savvy. Forums have useful information for beginners. Mining equipment manufacturers are investing more and more money in creating the most productive and easy-to-use and energy-efficient hardware possible.
According to Technavio's calculations, the volume of the world market for mining equipment in 2019-2023 will grow by $2.7 billion. Users usually benefit from such a race, because when the opportunity to “show off technologies” ends, vendors begin to reduce prices for their solutions and offer special conditions.
As for software, it is better to mine on a specialized one and avoid unnecessary problems. For example, ethOS or CoinFly's COS copes well with high loads, manages mining processes of any scale and on any equipment through a single interface, automates routine and controls income and expenses.
Profit in Mining Pool
Great thing about mining in 2020 is that you can choose a convenient profitable pool that will regularly fill your virtual pockets with Ether and sleep peacefully, read about what to look for when choosing a pool here. The main thing is to understand which one brings more money. Take a look at the CoinFly pool, which according to independent tests’ giving well profit…
Hedge risks
Whenever you’re afraid of losing income due to price fluctuations, buy Put Options (on Binance, for example) oand short ETH futures.
Thank You!
submitted by OklahomaItaly to ethtrader [link] [comments]

Gambling INTPs?

Any INTP knows the odds are against them all the time and that is enough to deter them. But I've always been a gambler. In middle school I got a multigame mini pool table, table tennis, and Roulette wheel and card table. My friends would come over and gamble money or things. My friend's mom disapproved and made him give me some stuff back (haha). I just didn't know I had to rake games to be "the house." In middle school the black kids taught white kids craps and we'd shoot for dollars. I still love a good dice game. We'd have them on payday after close a couple jobs ago. The shit talking is so much better than poker games.
In HS I gambled poker and chess a lot. My favorite poker game was played where everyone had 2.25g of shrooms in them. No poker faces and it didn't last that long. Not great at poker. I've gambled on Chess pretty successfully. Not great at Spades.
But I'm an INTP and Casinos aren't my thing. Rather gamble at pool at a dive bar.
That said I'm doing a lot of sports betting right now. I once read that a professional sports gambler only wins 55% of the time but they have advanced knowledge in props, parlays, hedging etc. I just figured at college and to a lesser extent pro football, I could pick the winner above 55% maybe even against against--the-spread. My favorite former gf was good at betting on the ponies because she was into horses and leased one, so she had similar inside knowledge as someone who's watched football for 25yrs
I put $150 deposit and got $165 because they passed some BTC savings onto me. First week I bet the full $165. I remember the bets too. $45 on Duke (Lost but beat the spread) Same with the $45 I put on S. Alabama. $45 on Coastal Carolina who won outright against Kansas $45. Because the house rakes the games I'd only win about $40 off each so that's $270. But I put a $30 parlay on all three winning and won $180. Turned $165 into $360 (not exact--change and some numbers were rounded). I qualified for a bonus $165 for betting everything. That's a cool $425.
I thought "Holy Shit I can just go pro" beginners luck. It was also right after I lost my job and I'm moving for a new one mid October. Back to my home city and old neighborhood. Pretty psyched really except moving is a hassle.
Two weeks ago lost $70. I thought that comes with the territory of a pro sports better. I broke even last week. This week I chose a new strategy and bet on 7 games instead of 3. Truth was I don't know a certain percentage. I know games I "know" but I only lost $60. It just feels worse because I went 1-6 instead of two weeks ago when I went 1-2. Plus I lose some change on the low probability parlays.
The problem is that I just dipped into my other $165 to bet on pro football. Put in a couple bets and a parlay. The winnings get transferred into my main account. I'm still up either $80 in my account (I can't cash in the "free money")
My floor is $200 because I wanna make at least $50 off this fun lil exercise but I see how addictive it is for the first time. I even sought out a Bitcoin chess gambling site mainly used by Africans but I don't play because either I'm not better at Chess than Nigerian Royalty or they use chess bots or both. It also was pretty obviously used for money laundering which is what the gambling sites are also used for. Now I'm betting on Sunday football. Not just Saturday.
I guess my cashout ceiling is a grand but I don't see that happening haha.
Point is that wk2 college football this year was like my first joint, the first time I mixed valium-codeine-and a belt of scotch at 14. The first time I painted something halfway decent under a bridge at 16. The first time I fucked a girl at 17. The first time I had an audience in stitches at 22 (standup). All very pleasurable and only relatively routinely done. Except maybe sex and drugs but they have other major downsides.
Hell when I learned to read at 8 I was attached to books my whole life but nobody thinks that's bad. Haha.
Do other people gamble?
I'm extraverted enough that if someone has dice on the street I'll shoot or if they have a chess game at a coffee shop. I'll bet $20.
Best in person bet was with a frenemy in my group who was the epitome of iamverysmart and everyone in my group thought he was a genius. I took $20 off him in front of everyone and he refused to try to win it back. Bad look for him.
I hope I can keep it just for fun. Any other INTP gamblers on here?
Edit: Forgot to mention I won $400+ in a $20 pool for the 2011 March Madness B-Ball tourney. I watched none of the regular season (like usual) but knew UConn was good but nobody picked them as they were a #3 seed. I didn't win most rounds either. Dumb luck. It's funny that I forgot because it was less recent than that grudge match against that guy I played chess against.
submitted by StoopSign to INTP [link] [comments]

It still not late to start and good to continue mining Ethereum in 2020

There are two main theories about how ETH will develop further. One suggests that ETH is completely dependent on Bitcoin, it rises and falls along with it at the same time. The second theory argues that Ethereum may soon lose its altcoin status and become an independent cryptocurrency - according to researchers at the San Francisco Open Exchange (SFOX), for example.
Since the beginning of the year, ETH has risen in price by more than 34%, and this trend continues. Some experts expect the coin to rise to $400- $500 by the end of 2020, the most positive optimists expect it to reach $2,000 in the next year. And all because of the DeFi’s boom and the massive tokenization process, which became possible thanks to the Ethereum technology.
Foolproof Mining
Today, to start mining Ether, you do not need to undergo special training or be super tech-savvy. Forums have useful information for beginners. Mining equipment manufacturers are investing more and more money in creating the most productive and easy-to-use and energy-efficient hardware possible.
According to Technavio's calculations, the volume of the world market for mining equipment in 2019-2023 will grow by $2.7 billion. Users usually benefit from such a race, because when the opportunity to “show off technologies” ends, vendors begin to reduce prices for their solutions and offer special conditions.
As for software, it is better to mine on a specialized one and avoid unnecessary problems. For example, ethOS or CoinFly's COS copes well with high loads, manages mining processes of any scale and on any equipment through a single interface, automates routine and controls income and expenses.
Profit in Mining Pool
Great thing about mining in 2020 is that you can choose a convenient profitable pool that will regularly fill your virtual pockets with Ether and sleep peacefully, read about what to look for when choosing a pool here. The main thing is to understand which one brings more money. Take a look at the CoinFly pool, which according to independent tests’ giving well profit…
Hedge risks
Whenever you’re afraid of losing income due to price fluctuations, buy Put Options (on Binance, for example) oand short ETH futures.
Thank You!
submitted by OklahomaItaly to EtherMining [link] [comments]

Why is it still not too late to start and continue mining Ethereum in 2020?

There are two main theories about how ETH will develop further. One suggests that ETH is completely dependent on Bitcoin, it rises and falls along with it at the same time. The second theory argues that Ethereum may soon lose its altcoin status and become an independent cryptocurrency - according to researchers at the San Francisco Open Exchange (SFOX), for example.
Since the beginning of the year, ETH has risen in price by more than 34%, and this trend continues. Some experts expect the coin to rise to $400- $500 by the end of 2020, the most positive optimists expect it to reach $2,000 in the next year. And all because of the DeFi’s boom and the massive tokenization process, which became possible thanks to the Ethereum technology.
Foolproof Mining
Today, to start mining Ether, you do not need to undergo special training or be super tech-savvy. Forums have useful information for beginners. Mining equipment manufacturers are investing more and more money in creating the most productive and easy-to-use and energy-efficient hardware possible.
According to Technavio's calculations, the volume of the world market for mining equipment in 2019-2023 will grow by $2.7 billion. Users usually benefit from such a race, because when the opportunity to “show off technologies” ends, vendors begin to reduce prices for their solutions and offer special conditions.
As for software, it is better to mine on a specialized one and avoid unnecessary problems. For example, ethOS or CoinFly's COS copes well with high loads, manages mining processes of any scale and on any equipment through a single interface, automates routine and controls income and expenses.
Profit in Mining Pool
Great thing about mining in 2020 is that you can choose a convenient profitable pool that will regularly fill your virtual pockets with Ether and sleep peacefully, read about what to look for when choosing a pool here. The main thing is to understand which one brings more money. Take a look at the CoinFly pool, which according to independent tests’ giving well profit…
Hedge risks
Whenever you’re afraid of losing income due to price fluctuations, buy Put Options (on Binance, for example) oand short ETH futures.
Thank You!
submitted by OklahomaItaly to CryptoCurrencies [link] [comments]

MW Wyco Wednesday Inventory Update! First 20 Orders Get an Unlisted Syringe with Order! Orders Ending in 04 Doubled or Free! New Raffle Giveaway! Currently Not Able to Accept Card Payments, but 7 Payment Apps Still Running! Restocked GT, B+, JMF, KSSS, White Teacher, Azurescens NEW: Dancing Tiger

www.millywyco.com Stickers=12mL Syringes
MillyWyco is NOT Willy Myco :) (see below)
Any mention of cultivation or anything unrelated to microscopy will not receive a response and orders will be cancelled. This includes DM's, PM's, e-mails, notes with your transaction, feedback of any kind, and thoughts. Don't even think about it! (I'm a mind reader)
Hey there myco buddies! I made a post this morning about having issues with accepting card payments on the website, and have a new update. Apparently, Wix is not too supportive of my "high risk" venture here, even while using the term "stickers" on product details. I can no longer process card payments through Wix itself, but will have a new payment system that can take card payments soon. For the time being, please choose "manual payment" at checkout to get instructions on how to pay with Cash App, Venmo, Apple Pay, Google Pay, Zelle, Bitcoin, or Amazon gift cards. Sorry for the super short notice, and I hope this isn't too much of an inconvenience. It just so happened to come at me on a Wednesday of all days!
I have a pretty fun raffle/contest/giveaway thingy new this week, thanks to a very good friend, long-time supporter, and valiant mod, u/Myceliasaurus! He gave me this idea a few months ago, and I've been excited for it ever since, but never carved out time to put it into action. I'll briefly explain the basics of the raffle here, but will post a picture and more details in a separate post this evening.
Calendars will be available for $10, and act as your entry into the prize pool. Each calendar will have 31 spaces with a different prize for each day. Prizes include a dehydrator, 10-pack of cubensis syringes, gift cards to the MW shop and Paul Stamets shop, pressure cookers, Milly's Myco Box subscription memberships, microscopes, tapestries, and tons more! Each calendar will be assigned a number from 000-999, and the winning number will correspond with the 10PM drawing of the Texas Pick-3 Lottery. For instance, if you have calendar number 123, and the 10PM pick-3 drawing tonight is 123, you win the prize shown on the 14th day of the calendar (for October 14th). You may request your own 3 digit number (as long as it isn't already taken), or be assigned one at random. You may purchase multiple calendars. This gives you a chance to win every day, with a Milly lottery of sorts! Check back on the MW sub for a picture and details ;)
Also, when I say "Priority Mail", this is referring to USPS Priority Mail vs. the standard "First Class" mail. All of my orders get my absolute highest priority care and attention, regardless of shipping method. USPS Priority Mail costs me $8, while I only pass on $5 of that to your order...it does not benefit me in any way if you choose this option, I just know those orders need to get to you ASAP, so I make sure to get all of these out on Thursday, with as many standard shipping orders as well. Sometimes it is not humanly possible to get every order from Wednesday out on Thursday, and some ship Friday morning. Thank you for your patience and continued support!!
The first 20 orders placed after this post (Order #14625-14644) will receive a free UNLISTED variety with their order!
ALSO...in addition to the first 20 promo, any order number ending in 1, 0 or 4 on 10/14 only will also get a free unlisted variety! If you are in the first 20, and your order number ends in 1, 0, or 4, you get both!
If your order number ends in 04 (#14704, 14804, etc.) the week of 10/14 only, I will be in contact to arrange your special gift. Either you can have a double order (you ordered 5, I'll ask which other 5 you'd like...if you ordered 10, you'll get 20, etc), or you can choose to make that order free, (refunded if already paid) totally up to you!
This week, I have restocked a few favorites, including Golden Teacher, B+, PE6, Tasmanian, Albino A+, KSSS, Blue Meanie, NorMel, White Teacher, Jedi Mind Fuck, Rusty Whyte, Ps. Allenii, Ps. Azurescens and a few others!
The only new variety this week is a variant of Orissa India and one I had in very limited supply a few months ago, Dancing Tiger! I have several new varieties undergoing quality testing now, and should be ready by the end of the month!
Thank you so much to everyone who has subscribed to a subscription box! Each and every month, these boxes will get better and better :) Newsletters will go out on the first of each month, regardless of when your plan is set to renew. In these newsletters will also be the winner of the random equipment raffle for MASTER PLAN members! This could be a sterilization wand, dehydrator, magnetic stir plate, or other super duper helpful tools in the hobby. Last month, 3 lucky Master Box subscribers received a pressure cooker, UV-C light sterilization wand, and a dehydrator!
PLEASE USE COUPON CODES if ordering on the site for discounts!! Please see below:
2PACK - $20 for two cubensis syringes
5PACK - Classic and most popular $30 dealio for 5 cubensis varieties. Also works in multiples of 5 as well, so if you need 15 syringes, this code will be good for 3- 5 packs, and you only need to place one order.
NEEDMORE - 5 cubensis varieties for $30 plus 1 exotic add-on for $10...total $40
NEEDMORE2 - 5 cubensis varieties for $30 plus 2 exotic add-ons for $20...total $50
NEEDMORE3 - 5 cubensis varieties for $30 plus 3 exotic add-ons for $30...total $60
...and so on. Currently, this is setup for up to 5 exotic add-ons. If you have an order that does not meet these codes, such as adding on more than 5 exotics, getting 7 cubensis varieties, etc. please send me a message and I will build you a coupon code to match your order in a timely manner.
Shipping not available to ID, GA, or CA (yes, really)
Spore syringes are for microscopy use only
Any reference to cultivation will exclude you from placing an order and we may never speak again. I want to talk to you. Don't do it!
There are no exceptions to these rules. You have been warned.
PAYMENT METHODS ACCEPTED: Major Credit/Debit cards, Zelle, Cash App, Venmo, Google Pay, Apple Pay, Bitcoin and Amazon gift cards
PayPal is NOT available to me at this time.
Also, I am the fee master! I get charged fees left and right that I don't pass on to you from shipping and third party payments. If you'd like to throw me a tip, however much it may be, I'd love you forever and it really does make a difference! These types of people have allowed me to share with some who are less fortunate. On the other hand, if times are tough for you right now, let's talk about it!
ALL PRICES INCLUDE USPS SHIPPING WITH TRACKING!! I COVER ALL STANDARD SHIPPING COSTS.
Please add an additional $5 to any order if you prefer USPS Priority Mail shipping.
1 syringe for $15
2 syringes for $20
5 syringes for $30
Golden Teacher (LIMITED TO 2 PER ORDER!)
Acadian Coast
Ajax
Alacabenzi
Albino A+
Amazonian
B+ (Be Positive)
Blue Meanie
Burma
Columbian Rust
Corumba Brazil
Costa Rican
Daddy Long Legs
Dancing Tiger
Ecuadorian
Fiji
Golden Mammoth
Golden Teacher
Huautla
Jedi Mind Fuck
Koh Samui Super Strain (KSSS)
Lake Toba (Sumatra, Indonesia)
Lizard King
Mazatapec
McKennaii
Mexican
NorMel
PES Amazon
PES Hawaiian
Rusty Whyte
Taman Negara
Tasmanian
White Teacher
Wollongong
Z-Strain
THE FOLLOWING EXOTICS ARE NOT PART OF THE 5/$30 MIX-n-MATCH DEALIO, but can be added to the 5/$30 pack for $10 as an add-on, or $15 each by themselves. These are NOT cubensis, and NOT recommended for beginners. USE COUPON CODE "NEEDMORE" on the site to add ONE EXOTIC on to a 5 pack. Want 2 Exotics? Use code NEEDMORE2 or NEEDMORE3 for 3, etc. Currently this is setup to add a maximum of 5 exotics....if you need more, please message me and I'll create a unique coupon code to enter for your order :)
****Penis Envy #6 (PE6)***\*
This actually IS a cubensis variety, but added to exotics list due to rarity and popularity. NOT part of the pick 5.
****Psilocybe Allenii***\*
****Psilocybe Azurescens***\*
****Psilocybe Cyanescens***\*
****Psilocybe Mexicana Galindoi***\*
****Psilocybe Ovoideocystidiata***\*
****Psilocybe Serbica***\*
****Psilocybe Subaeruginosa***\*
****Panaeolus Bisporus***\*
****Panaeolus Cyanescens (Australia)***\*
All syringes are 12cc/mL and come capped with a sterile tip cap, and also include an 18ga 1.5" sterile needle and alcohol pads. Syringes are made in a lab grade environment and the utmost care and attention is the highest priority to be sure they are sterile. Anything exposed to an open air environment is subject to contamination, but I take every precaution possible to minimize this risk. I cannot "guarantee" they are 100% sterile, but I can guarantee that if you have an issue, I will make it right. I really do love to help, and if something happens, I'd like to know about it so I can fix the issue instead of you getting frustrated or giving up!
To ensure equal quantity of spores in each syringe, and for adequate suspension of the spores in the solution, I use a magnetic stir plate. Very often, this does such a good job of breaking up clumps of spores that it will appear to be sparse. THIS IS NOT AN ISSUE! There are still a TON of spores in each syringe, even if you can't see them individually (though most of my syringes appear to have a very good amount of visible spores...even with my horrible eyesight!). You can compare and contrast to see the blackish/purple tint to ensure every syringe is packed with spores. If a spore clump forms during transportation, simply give it a good flick with your finger and vigorously shake to break it up or free it from clinging to the wall of the syringe before examining.
Syringes ship in individual bags clearly labeled as to specific variety and born on date, bubble wrapped and shipped through USPS tracked shipping (discreet) within 24 hours of payment. I send tracking info soon after payment and give updates along the (super quick) way.
Any messages referring to spores being used for anything other than microscopy use will be ignored. Don't do it.
THANK YOU ALL so much again for your continued support!! I appreciate it more than you know! MUSH LOVE
P.S. In no way am I trying to be an impostor. I AM NOT WILLY MYCO. I chose this u/ a while back as sort of a play on words and tribute to a legend most of us recognize, long before I became a spore vendor. I don't want anyone to think I am trying to pass off as him, though I do admire his dedication to the craft! I appreciate all of the kind words, though, from people saying they learned from "my" videos. I wish I could pass on those notes to Willy himself.
Cheers and MUSH LOVE!
MW
submitted by millywyco to Millywyco [link] [comments]

"My transaction is stuck, what to do?" - an explainer [DRAFT]

In the last days we have been experiencing a sharp rise in price, which is historically correlated with many people transacting over the Bitcoin network. Many people transacting over the Bitcoin network implies that the blockspace is in popular demand, meaning that when you send a transaction, it has to compete with other transactions for the inclusion in one of the blocks in the future. Miners are motivated by profits and transactions that pay more than other transactions are preferred when mining a new block. Although the network is working as intended (blockspace is a scarce good, subject to supply/demand dynamics, regulated purely by fees), people who are unfamiliar with it might feel worried that their transaction is “stuck” or otherwise somehow lost or “in limbo”. This post attempts to explain how the mempool works, how to optimize fees and that one does not need to worry about their funds.

TL;DR: Your funds are safe. Just be patient* and it'll be confirmed at some point. A transaction either will be confirmed or it never leaves your wallet, so there is nothing to worry about in regards to the safety of your coins.

You can see how the mempool "ebbs and flows", and lower fee tx's get confirmed in the "ebb" times (weekends, nights): https://jochen-hoenicke.de/queue/#0,30d
* if you are in hurry there are things like RBF (Replace By Fee) and CPFC (Child Pays For Parent), which you can use to boost your transaction fees; you will need an advanced wallet like Bitcoin Core or Electrum for that though. Keep also in mind that this is not possible with any transaction (RBF requires opt in before sending, f.ex). If nothing else works and your transaction really needs a soon confirmation, you can try and contact a mining pool to ask them if they would include your transaction. Some mining pools even offer a web-interface for this: 1, 2.
Here’s how Andreas Antonopoulos describes it:
In bitcoin there is no "in transit". Transactions are atomic meaning they either happen all at once or don't happen at all. There is no situation where they "leave" one wallet and are not simultaneously and instantaneously in the destination address. Either the transaction happened or it didn't. The only time you can't see the funds is if your wallet is hiding them because it is tracking a pending transaction and doesn't want you to try and spend funds that are already being spent in another transaction. It doesn't mean the money is in limbo, it's just your wallet waiting to see the outcome. If that is the case, you just wait. Eventually the transaction will either happen or will be deleted by the network.
tl;dr: your funds are safe

How is the speed of confirmations determined in bitcoin?

Open this site: https://jochen-hoenicke.de/queue/#0,2w
Here you see how many transactions are currently (and were historically) waiting to be confirmed, i.e how many transactions are currently competing with your transaction for blockspace (=confirmation).
You can see two important things: the differently coloured layers, each layer representing a different fee (higher layer = higher fees). You can point at a layer and see which fees (expressed in sat/byte) are represented in this layer. You can then deduct which layer your own transaction is currently at, and how far away from the top your position is (miners work through the mempool always from the top, simply because the tx's on top pay them more). You can estimate that each newly mined block removes roughly 1.xMB from the top (see the third graph which shows the mempool size in MB). On average, a new block is produced every ten minutes. But keep in mind that over time more transactions come into the mempool, so there can be periods where transactions are coming faster than transactions being “processed” by miners.
The second important observation is that the mempool "ebbs and flows", so even the lower paid transactions are periodically being confirmed at some point.
In short: what determines the speed of a confirmation is A) how high you set the fees (in sat/byte), B) how many other transactions with same or higher fees are currently competing with yours and C) how many transactions with higher paid fees will be broadcast after yours.
A) you can influence directly, B) you can observe in real time, but C) is difficult to predict. So it's always a little tricky to tell when the first confirmation happens if you set your fees low. But it's quite certain that at some point even the cheap transactions will come through.

So what happens if my transaction stays unconfirmed for days or even weeks?

Transactions are being broadcast by the full nodes on the network. Each node can adjust their settings for how long they keep unconfirmed transactions in their mempool. That’s why there is not a fixed amount of time after which a transaction is dropped from the mempool, but most nodes drop unconfirmed tx’s after two weeks [IS THIS CORRECT?]. This means that in the absolute worst case the unconfirmed transaction will simply disappear from the network, as if it never happened. Keep in mind that in those two weeks the coins never actually leave your wallet. It’s just that your wallet doesn’t show them as “available”, but you still have options like RBF and CPFP to get your transaction confirmed with higher fees, or to “cancel” your transaction by spending the same coins onto another address with a higher fee.

Helpful tools to estimate fees for future transactions:

Here are some resources that can help you estimate fees when sending a bitcoin transaction, so you don't end up overpaying (or underpaying) unnecessarily. Keep in mind that in order to take advantage of this, you need a proper bitcoin wallet which allows for custom fee setting. A selection of such wallets you can find here or here.
The order here is roughly from advanced to easy.
1) https://jochen-hoenicke.de/queue/#0,24h
Here you can see a visualization of how many unconfirmed transactions are currently on the network, as well as how many were there in the past. Each coloured layer represents a different fee amount. F.ex the deep blue (lowest layer) are the 1sat/byte transactions, slightly brighter level above are the 2sat/byte transactions and so on.
The most interesting graph is the third one, which shows you the size of the current mempool in MB and the amount of transactions with different fee levels, which would compete with your transaction if you were to send it right now. This should help you estimating how high you need to set the fee (in sat/byte) in order to have it confirmed "soon". But this also should help you to see that even the 1sat/byte transactions get confirmed very regularly, especially on weekends and in the night periods, and that the spikes in the mempool are always temporary. For that you can switch to higher timeframes in the upper right corner, f.ex here is a 30 days view: https://jochen-hoenicke.de/queue/#0,30d. You clearly can see that the mempool is cyclical and you can set a very low fee if you are not in hurry.
2) https://mempool.space
This is also an overview of the current mempool status, although less visual than the previous one. It shows you some important stats, like the mempool size, some basic stats of the recent blocks (tx fees, size etc). Most importantly, it makes a projection of how large you need to set your fees in sat/byte if you want your transaction to be included in the next block, or within the next two/three/four blocks. You can see this projection in the left upper corner (the blocks coloured in brown).
3) https://whatthefee.io
This is a simple estimation tool. It shows you the likelihood (in %) of a particular fee size (in sat/byte) to be confirmed within a particular timeframe (measured in hours). It is very simple to use, but the disadvantage is that it shows you estimates only for the next 24 hours. You probably will overpay by this method if your transaction is less time sensitive than that.
4) https://twitter.com/CoreFeeHelper
This is a very simple bot that tweets out fees projections every hour or so. It tells you how you need to set the fees in order to be confirmed within 1hou6hours/12hours/1day/3days/1week. Very simple to use.
Hopefully one of these tools will help you save fees for your next bitcoin transaction. Or at least help you understand that even with a very low fee setting your transaction will be confirmed sooner or later. Furthermore, I hope it makes you understand how important it is to use a wallet that allows you to set your own fees.
submitted by TheGreatMuffin to u/TheGreatMuffin [link] [comments]

Subreddit Stats: programming top posts from 2019-10-22 to 2020-10-21 06:41 PDT

Period: 364.67 days
Submissions Comments
Total 1000 180545
Rate (per day) 2.74 491.84
Unique Redditors 629 34951
Combined Score 1178903 2688497

Top Submitters' Top Submissions

  1. 47468 points, 49 submissions: iamkeyur
    1. One Guy Ruined Hacktoberfest 2020 (3039 points, 584 comments)
    2. AWS forked my project and launched it as its own service (2956 points, 810 comments)
    3. Privacy analysis of Tiktok’s app and website (2858 points, 234 comments)
    4. 98.css – design system for building faithful recreations of Windows 98 UIs (2781 points, 318 comments)
    5. Microsoft demos language model that writes code based on signature and comment (2621 points, 614 comments)
    6. Why does HTML think “chucknorris” is a color? (2565 points, 531 comments)
    7. Windows 95 UI Design (2309 points, 665 comments)
    8. The Linux codebase has over 3k TODO comments, many from over a decade ago (2119 points, 369 comments)
    9. eBay is port scanning visitors to their website (1829 points, 236 comments)
    10. Using const/let instead of var can make JavaScript code run 10× slower in Webkit (1814 points, 525 comments)
  2. 44853 points, 28 submissions: speckz
    1. From August, Chrome will start blocking ads that consume 4MB of network data, 15 seconds of CPU usage in any 30 second period, or 60 seconds of total CPU usage (8434 points, 590 comments)
    2. How To Spot Toxic Software Jobs From Their Descriptions (6246 points, 1281 comments)
    3. A Facebook crawler was making 7M requests per day to my stupid website (2662 points, 426 comments)
    4. Apple, Your Developer Documentation is Garbage (2128 points, 432 comments)
    5. The code I’m still ashamed of (2016) (2105 points, 429 comments)
    6. Slack Is Fumbling Developers And The Rise Of Developer Discords (2095 points, 811 comments)
    7. The Chromium project finds that around 70% of our serious security bugs are memory safety problems. Our next major project is to prevent such bugs at source. (1959 points, 418 comments)
    8. Advice to Myself When Starting Out as a Software Developer (1934 points, 257 comments)
    9. Software patents are another kind of disease (1893 points, 419 comments)
    10. My favourite Git commit (1772 points, 206 comments)
  3. 35237 points, 28 submissions: whackri
    1. It is perfectly OK to only code at work, you can have a life too (6765 points, 756 comments)
    2. Kernighan's Law - Debugging is twice as hard as writing the code in the first place. Therefore, if you write the code as cleverly as possible, you are, by definition, not smart enough to debug it. (5171 points, 437 comments)
    3. The entire Apollo 11 computer code that helped get us to the Moon is available on github. (3841 points, 433 comments)
    4. Raytracing - in Excel! (2478 points, 168 comments)
    5. Writing userspace USB drivers for abandoned devices (1689 points, 84 comments)
    6. Drum Machine in Excel (1609 points, 60 comments)
    7. fork() can fail: this is important (1591 points, 264 comments)
    8. Learn how computers add numbers and build a 4 bit adder circuit (1548 points, 66 comments)
    9. Heroes Of Might And Magic III engine written from scratch (open source, playable) (1453 points, 84 comments)
    10. Apollo Guidance Computer: Restoring the computer that put man on the Moon (1277 points, 47 comments)
  4. 14588 points, 11 submissions: pimterry
    1. I'm a software engineer going blind, how should I prepare? (4237 points, 351 comments)
    2. The 2038 problem is already affecting some systems (1988 points, 518 comments)
    3. TLDR pages: Simplified, community-driven man pages (1897 points, 182 comments)
    4. JetBrains Mono: A Typeface for Developers (1728 points, 456 comments)
    5. BlurHash: extremely compact representations of image placeholders (930 points, 159 comments)
    6. Let's Destroy C (855 points, 290 comments)
    7. Shared Cache is Going Away (833 points, 192 comments)
    8. XML is almost always misused (766 points, 538 comments)
    9. Wireshark has a new packet diagram view (688 points, 24 comments)
    10. fork() can fail: this is important (460 points, 299 comments)
  5. 14578 points, 9 submissions: magenta_placenta
    1. Trello handed over user's personal account to user's previous company (2962 points, 489 comments)
    2. Feds: IBM did discriminate against older workers in making layoffs - “Analysis shows it was primarily older workers (85.85%) in the total potential pool of those considered for layoff,” the EEOC wrote (2809 points, 509 comments)
    3. Stripe Workers Who Relocate Get $20,000 Bonus and a Pay Cut - Stripe Inc. plans to make a one-time payment of $20,000 to employees who opt to move out of San Francisco, New York or Seattle, but also cut their base salary by as much as 10% (2765 points, 989 comments)
    4. US court fully legalized website scraping and technically prohibited it - On September 9, the U.S. 9th circuit court of Appeals ruled that web scraping public sites does not violate the CFAA (Computer Fraud and Abuse Act) (2014 points, 327 comments)
    5. I Suspect many Task Deadlines are Designed to Force Engineers to Work for Free (1999 points, 553 comments)
    6. Intent to Deprecate and Freeze: The User-Agent string (1012 points, 271 comments)
    7. Contractor admits planting logic bombs in his software to ensure he’d get new work (399 points, 182 comments)
    8. AlphaStar: Grandmaster level in StarCraft II using multi-agent reinforcement learning (396 points, 97 comments)
    9. Half of the websites using WebAssembly use it for malicious purposes - WebAssembly not that popular: Only 1,639 sites of the Top 1 Million use WebAssembly (222 points, 133 comments)
  6. 13750 points, 3 submissions: pedrovhb
    1. Bubble sort visualization (7218 points, 276 comments)
    2. Breadth-first search visualization (3874 points, 96 comments)
    3. Selection sort visualization (2658 points, 80 comments)
  7. 11833 points, 1 submission: flaming_bird
    1. 20GB leak of Intel data: whole Git repositories, dev tools, backdoor mentions in source code (11833 points, 956 comments)
  8. 11208 points, 10 submissions: PowerOfLove1985
    1. No cookie consent walls — and no, scrolling isn’t consent, says EU data protection body (5975 points, 890 comments)
    2. Redesigning uBlock Origin (1184 points, 162 comments)
    3. Playing Around With The Fuchsia Operating System (696 points, 164 comments)
    4. Microsoft's underwater data centre resurfaces after two years (623 points, 199 comments)
    5. Microsoft Paint/Paintbrush in Javascript (490 points, 58 comments)
    6. GitHub shuts off access to Aurelia repository, citing trade sanctions (478 points, 81 comments)
    7. How 3D Game Rendering Works: Texturing (475 points, 22 comments)
    8. Simdjson: Parsing Gigabytes of JSON per Second (441 points, 90 comments)
    9. How 1500 bytes became the MTU of the internet (435 points, 60 comments)
    10. It’s OK for your open source library to be a bit shitty (411 points, 130 comments)
  9. 10635 points, 8 submissions: michalg82
    1. Turning animations to 60fps using AI (3449 points, 234 comments)
    2. Bug #1463112 “Cat sitting on keyboard crashes lightdm” (3150 points, 143 comments)
    3. Heroes Of Might And Magic III engine written from scratch (open source, playable) (1431 points, 172 comments)
    4. Vulkan is coming to Raspberry Pi: first triangle - Raspberry Pi (1318 points, 66 comments)
    5. An EPYC trip to Rome: AMD is Cloudflare's 10th-generation Edge server CPU (431 points, 60 comments)
    6. Microsoft cancels GDC 2020 presence due to coronavirus concerns (Following Sony, Facebook, Kojima Productions, Epic Games, Unity, and more) (371 points, 52 comments)
    7. Moving from reCAPTCHA to hCaptcha - The Cloudflare Blog (278 points, 71 comments)
    8. How much of a genius-level move was using binary space partitioning in Doom? (207 points, 109 comments)
  10. 10106 points, 10 submissions: SerenityOS
    1. Someone suggested I should host my website on my own OS. For that we'll need a web server, so here's me building a basic web server in C++ for SerenityOS! (2269 points, 149 comments)
    2. I've been learning about OS security lately. Here's me making a local root exploit for SerenityOS, and then fixing the kernel bugs that made it possible! (1372 points, 87 comments)
    3. SerenityOS was hacked in a 36c3 CTF! (Exploit and write-up) (1236 points, 40 comments)
    4. One week ago, I started building a JavaScript engine for SerenityOS. Here’s me integrating it with the web browser and adding some simple API’s like alert()! (1169 points, 63 comments)
    5. Implementing macOS-style "purgeable memory" in my kernel. This technique is amazing and helps apps be better memory usage citizens! (1131 points, 113 comments)
    6. SerenityOS: The second year (900 points, 101 comments)
    7. Using my own C++ IDE to make a little program for decorating my webcam frame (571 points, 33 comments)
    8. This morning I ported git to SerenityOS. It took about an hour and some hacks, but it works! :D (547 points, 64 comments)
    9. Smarter C/C++ inlining with attribute((flatten)) (521 points, 118 comments)
    10. Introduction to SerenityOS GUI programming (390 points, 45 comments)

Top Commenters

  1. XANi_ (10753 points, 821 comments)
  2. dnew (7513 points, 641 comments)
  3. drysart (7479 points, 202 comments)
  4. MuonManLaserJab (6666 points, 233 comments)
  5. SanityInAnarchy (6331 points, 350 comments)
  6. AngularBeginner (6215 points, 59 comments)
  7. SerenityOS (5627 points, 128 comments)
  8. chucker23n (5465 points, 370 comments)
  9. IshKebab (4898 points, 393 comments)
  10. L3tum (4857 points, 199 comments)

Top Submissions

  1. 20GB leak of Intel data: whole Git repositories, dev tools, backdoor mentions in source code by flaming_bird (11833 points, 956 comments)
  2. hentAI: Detecting and removing censors with Deep Learning and Image Segmentation by 7cmStrangler (9621 points, 395 comments)
  3. US Politicians Want to Ban End-to-End Encryption by CarrotRobber (9427 points, 523 comments)
  4. From August, Chrome will start blocking ads that consume 4MB of network data, 15 seconds of CPU usage in any 30 second period, or 60 seconds of total CPU usage by speckz (8434 points, 590 comments)
  5. Mozilla: The Greatest Tech Company Left Behind by matthewpmacdonald (7566 points, 1087 comments)
  6. Bubble sort visualization by pedrovhb (7218 points, 276 comments)
  7. During lockdown my wife has been suffering mentally from pressure to stay at her desk 100% of the time otherwise after a few minutes her laptop locks and she is recorded as inactive. I wrote this small app to help her escape her desk by periodically moving the cursor. Hopefully it can help others. by silitbang6000 (7193 points, 855 comments)
  8. It is perfectly OK to only code at work, you can have a life too by whackri (6765 points, 756 comments)
  9. Blockchain, the amazing solution for almost nothing by imogenchampagne (6725 points, 1561 comments)
  10. Blockchain, the amazing solution for almost nothing by jessefrederik (6524 points, 1572 comments)

Top Comments

  1. 2975 points: deleted's comment in hentAI: Detecting and removing censors with Deep Learning and Image Segmentation
  2. 2772 points: I_DONT_LIE_MUCH's comment in 20GB leak of Intel data: whole Git repositories, dev tools, backdoor mentions in source code
  3. 2485 points: api's comment in Stripe Workers Who Relocate Get $20,000 Bonus and a Pay Cut - Stripe Inc. plans to make a one-time payment of $20,000 to employees who opt to move out of San Francisco, New York or Seattle, but also cut their base salary by as much as 10%
  4. 2484 points: a_false_vacuum's comment in Stack Overflow lays off 15%
  5. 2464 points: iloveparagon's comment in Google engineer breaks down the problems he uses when doing technical interviews. Lots of advice on algorithms and programming.
  6. 2384 points: why_not_both_bot's comment in During lockdown my wife has been suffering mentally from pressure to stay at her desk 100% of the time otherwise after a few minutes her laptop locks and she is recorded as inactive. I wrote this small app to help her escape her desk by periodically moving the cursor. Hopefully it can help others.
  7. 2293 points: ThatInternetGuy's comment in Iranian Maintainer refuses to merge code from Israeli Developer. Cites Iranian regulations.
  8. 2268 points: xequae's comment in I'm a software engineer going blind, how should I prepare?
  9. 2228 points: turniphat's comment in AWS forked my project and launched it as its own service
  10. 2149 points: Rami-Slicer's comment in 20GB leak of Intel data: whole Git repositories, dev tools, backdoor mentions in source code
Generated with BBoe's Subreddit Stats
submitted by flpezet to subreddit_stats [link] [comments]

Why is it still not too late to start and continue mining Ethereum in 2020?

There are two main theories about how ETH will develop further. One suggests that ETH is completely dependent on Bitcoin, it rises and falls along with it at the same time. The second theory argues that Ethereum may soon lose its altcoin status and become an independent cryptocurrency - according to researchers at the San Francisco Open Exchange (SFOX), for example.
Since the beginning of the year, ETH has risen in price by more than 34%, and this trend continues. Some experts expect the coin to rise to $400- $500 by the end of 2020, the most positive optimists expect it to reach $2,000 in the next year. And all because of the DeFi’s boom and the massive tokenization process, which became possible thanks to the Ethereum technology.
Foolproof Mining
Today, to start mining Ether, you do not need to undergo special training or be super tech-savvy. Forums have useful information for beginners. Mining equipment manufacturers are investing more and more money in creating the most productive and easy-to-use and energy-efficient hardware possible.
According to Technavio's calculations, the volume of the world market for mining equipment in 2019-2023 will grow by $2.7 billion. Users usually benefit from such a race, because when the opportunity to “show off technologies” ends, vendors begin to reduce prices for their solutions and offer special conditions.
As for software, it is better to mine on a specialized one and avoid unnecessary problems. For example, ethOS or CoinFly's COS copes well with high loads, manages mining processes of any scale and on any equipment through a single interface, automates routine and controls income and expenses.
Profit in Mining Pool
Great thing about mining in 2020 is that you can choose a convenient profitable pool that will regularly fill your virtual pockets with Ether and sleep peacefully, read about what to look for when choosing a pool here. The main thing is to understand which one brings more money. Take a look at the CoinFly pool, which according to independent tests’ giving well profit…
Hedge risks
Whenever you’re afraid of losing income due to price fluctuations, buy Put Options (on Binance, for example) oand short ETH futures.
Thank You!
submitted by OklahomaItaly to EthMiner [link] [comments]

Thoughts on beggining to mine Ether in 2020... it's never late!

There are two main theories about how ETH will develop further. One suggests that ETH is completely dependent on Bitcoin, it rises and falls along with it at the same time. The second theory argues that Ethereum may soon lose its altcoin status and become an independent cryptocurrency - according to researchers at the San Francisco Open Exchange (SFOX), for example.
Since the beginning of the year, ETH has risen in price by more than 34%, and this trend continues. Some experts expect the coin to rise to $400- $500 by the end of 2020, the most positive optimists expect it to reach $2,000 in the next year. And all because of the DeFi’s boom and the massive tokenization process, which became possible thanks to the Ethereum technology.
Foolproof Mining
Today, to start mining Ether, you do not need to undergo special training or be super tech-savvy. Forums have useful information for beginners. Mining equipment manufacturers are investing more and more money in creating the most productive and easy-to-use and energy-efficient hardware possible.
According to Technavio's calculations, the volume of the world market for mining equipment in 2019-2023 will grow by $2.7 billion. Users usually benefit from such a race, because when the opportunity to “show off technologies” ends, vendors begin to reduce prices for their solutions and offer special conditions.
As for software, it is better to mine on a specialized one and avoid unnecessary problems. For example, ethOS or CoinFly's COS copes well with high loads, manages mining processes of any scale and on any equipment through a single interface, automates routine and controls income and expenses.
Profit in Mining Pool
Great thing about mining in 2020 is that you can choose a convenient profitable pool that will regularly fill your virtual pockets with Ether and sleep peacefully, read about what to look for when choosing a pool here. The main thing is to understand which one brings more money. Take a look at the CoinFly pool, which according to independent tests’ giving well profit…
Hedge risks
Whenever you’re afraid of losing income due to price fluctuations, buy Put Options (on Binance, for example) oand short ETH futures.
Thank You!
submitted by OklahomaItaly to ethereummining [link] [comments]

Technical Questions: Mac Nodes & Servers

Hi guys, I posted this over at BitcoinBeginners but it hasn’t received a lot of useful input. I’ve read the FAQ there and searched around the web for answers, but could really use your help.
I have a dedicated 2011 MacBook Pro running High Sierra that I’d like to use in support of Bitcoin. So far, I have installed and verified GPG Suite and Bitcoin Core following instructions from bitcoin.orf. It is now synced, and I hope to add block explorer, a lightning node, and an electrum server. Once complete, I’d like to create some tutorials and guides to help others who have old Macs, since there is already a lot of good info for Windows and Linux.
I found this guide on Medium talking about Power Node Launcher, but it’s doesn’t have the same emphasis on security as the other tools I’ve setup. Before taking next steps, I’d like input from the community on the order of steps and trusted sources for installing the aforementioned programs.
If there is anything else I can do with my computer and bandwidth to help Bitcoin, please let me know. Specifically, if I am able to setup a lightning node, would it help if I stored some bitcoin on it to support transactions? Should I setup a slow simple mining program or run an older ASIC miner that is not part of a pool just to help diversify the network? Should I setup a satellite connection as Andreas suggested in one of his older videos? Thanks for your input.
submitted by itfwg to Bitcoin [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by coldfeet45 to BitcoinMining [link] [comments]

RESEARCH REPORT ABOUT KYBER NETWORK

RESEARCH REPORT ABOUT KYBER NETWORK
Author: Gamals Ahmed, CoinEx Business Ambassador

https://preview.redd.it/9k31yy1bdcg51.jpg?width=936&format=pjpg&auto=webp&s=99bcb7c3f50b272b7d97247b369848b5d8cc6053

ABSTRACT

In this research report, we present a study on Kyber Network. Kyber Network is a decentralized, on-chain liquidity protocol designed to make trading tokens simple, efficient, robust and secure.
Kyber design allows any party to contribute to an aggregated pool of liquidity within each blockchain while providing a single endpoint for takers to execute trades using the best rates available. We envision a connected liquidity network that facilitates seamless, decentralized cross-chain token swaps across Kyber based networks on different chains.
Kyber is a fully on-chain liquidity protocol that enables decentralized exchange of cryptocurrencies in any application. Liquidity providers (Reserves) are integrated into one single endpoint for takers and users. When a user requests a trade, the protocol will scan the entire network to find the reserve with the best price and take liquidity from that particular reserve.

1.INTRODUCTION

DeFi applications all need access to good liquidity sources, which is a critical component to provide good services. Currently, decentralized liquidity is comprised of various sources including DEXes (Uniswap, OasisDEX, Bancor), decentralized funds and other financial apps. The more scattered the sources, the harder it becomes for anyone to either find the best rate for their trade or to even find enough liquidity for their need.
Kyber is a blockchain-based liquidity protocol that aggregates liquidity from a wide range of reserves, powering instant and secure token exchange in any decentralized application.
The protocol allows for a wide range of implementation possibilities for liquidity providers, allowing a wide range of entities to contribute liquidity, including end users, decentralized exchanges and other decentralized protocols. On the taker side, end users, cryptocurrency wallets, and smart contracts are able to perform instant and trustless token trades at the best rates available amongst the sources.
The Kyber Network is project based on the Ethereum protocol that seeks to completely decentralize the exchange of crypto currencies and make exchange trustless by keeping everything on the blockchain.
Through the Kyber Network, users should be able to instantly convert or exchange any crypto currency.

1.1 OVERVIEW ABOUT KYBER NETWORK PROTOCOL

The Kyber Network is a decentralized way to exchange ETH and different ERC20 tokens instantly — no waiting and no registration needed.
Using this protocol, developers can build innovative payment flows and applications, including instant token swap services, ERC20 payments, and financial DApps — helping to build a world where any token is usable anywhere.
Kyber’s fully on-chain design allows for full transparency and verifiability in the matching engine, as well as seamless composability with DApps, not all of which are possible with off-chain or hybrid approaches. The integration of a large variety of liquidity providers also makes Kyber uniquely capable of supporting sophisticated schemes and catering to the needs of DeFi DApps and financial institutions. Hence, many developers leverage Kyber’s liquidity pool to build innovative financial applications, and not surprisingly, Kyber is the most used DeFi protocol in the world.
The Kyber Network is quite an established project that is trying to change the way we think of decentralised crypto currency exchange.
The Kyber Network has seen very rapid development. After being announced in May 2017 the testnet for the Kyber Network went live in August 2017. An ICO followed in September 2017, with the company raising 200,000 ETH valued at $60 million in just one day.
The live main net was released in February 2018 to whitelisted participants, and on March 19, 2018, the Kyber Network opened the main net as a public beta. Since then the network has seen increasing growth, with network volumes growing more than 500% in the first half of 2019.
Although there was a modest decrease in August 2019 that can be attributed to the price of ETH dropping by 50%, impacting the overall total volumes being traded and processed globally.
They are developing a decentralised exchange protocol that will allow developers to build payment flows and financial apps. This is indeed quite a competitive market as a number of other such protocols have been launched.
In Brief - Kyber Network is a tool that allows anyone to swap tokens instantly without having to use exchanges. - It allows vendors to accept different types of cryptocurrency while still being paid in their preferred crypto of choice. - It’s built primarily for Ethereum, but any smart-contract based blockchain can incorporate it.
At its core, Kyber is a decentralized way to exchange ETH and different ERC20 tokens instantly–no waiting and no registration needed. To do this Kyber uses a diverse set of liquidity pools, or pools of different crypto assets called “reserves” that any project can tap into or integrate with.
A typical use case would be if a vendor allowed customers to pay in whatever currency they wish, but receive the payment in their preferred token. Another example would be for Dapp users. At present, if you are not a token holder of a certain Dapp you can’t use it. With Kyber, you could use your existing tokens, instantly swap them for the Dapp specific token and away you go.
All this swapping happens directly on the Ethereum blockchain, meaning every transaction is completely transparent.

1.1.1 WHY BUILD THE KYBER NETWORK?

While crypto currencies were built to be decentralized, many of the exchanges for trading crypto currencies have become centralized affairs. This has led to security vulnerabilities, with many exchanges becoming the victims of hacking and theft.
It has also led to increased fees and costs, and the centralized exchanges often come with slow transfer times as well. In some cases, wallets have been locked and users are unable to withdraw their coins.
Decentralized exchanges have popped up recently to address the flaws in the centralized exchanges, but they have their own flaws, most notably a lack of liquidity, and often times high costs to modify trades in their on-chain order books.

Some of the Integrations with Kyber Protocol
The Kyber Network was formed to provide users with a decentralized exchange that keeps everything right on the blockchain, and uses a reserve system rather than an order book to provide high liquidity at all times. This will allow for the exchange and transfer of any cryptocurrency, even cross exchanges, and costs will be kept at a minimum as well.
The Kyber Network has three guiding design philosophies since the start:
  1. To be most useful the network needs to be platform-agnostic, which allows any protocol or application the ability to take advantage of the liquidity provided by the Kyber Network without any impact on innovation.
  2. The network was designed to make real-world commerce and decentralized financial products not only possible but also feasible. It does this by allowing for instant token exchange across a wide range of tokens, and without any settlement risk.
  3. The Kyber Network was created with ease of integration as a priority, which is why everything runs fully on-chain and fully transparent. Kyber is not only developer-friendly, but is also compatible with a wide variety of systems.

1.1.2 WHO INVENTED KYBER?

Kyber’s founders are Loi Luu, Victor Tran, Yaron Velner — CEO, CTO, and advisor to the Kyber Network.

1.1.3 WHAT DISTINGUISHES KYBER?

Kyber’s mission has always been to integrate with other protocols so they’ve focused on being developer-friendly by providing architecture to allow anyone to incorporate the technology onto any smart-contract powered blockchain. As a result, a variety of different dapps, vendors, and wallets use Kyber’s infrastructure including Set Protocol, bZx, InstaDApp, and Coinbase wallet.
Besides, dapps, vendors, and wallets, Kyber also integrates with other exchanges such as Uniswap — sharing liquidity pools between the two protocols.
A typical use case would be if a vendor allowed customers to pay in whatever currency they wish, but receive the payment in their preferred token. Another example would be for Dapp users. At present, if you are not a token holder of a certain Dapp you can’t use it. With Kyber, you could use your existing tokens, instantly swap them for the Dapp specific token and away you go.
Limit orders on Kyber allow users to set a specific price in which they would like to exchange a token instead of accepting whatever price currently exists at the time of trading. However, unlike with other exchanges, users never lose custody of their crypto assets during limit orders on Kyber.
The Kyber protocol works by using pools of crypto funds called “reserves”, which currently support over 70 different ERC20 tokens. Reserves are essentially smart contracts with a pool of funds. Different parties with different prices and levels of funding control all reserves. Instead of using order books to match buyers and sellers to return the best price, the Kyber protocol looks at all the reserves and returns the best price among the different reserves. Reserves make money on the “spread” or differences between the buying and selling prices. The Kyber wants any token holder to easily convert one token to another with a minimum of fuss.

1.2 KYBER PROTOCOL

The protocol smart contracts offer a single interface for the best available token exchange rates to be taken from an aggregated liquidity pool across diverse sources. ● Aggregated liquidity pool. The protocol aggregates various liquidity sources into one liquidity pool, making it easy for takers to find the best rates offered with one function call. ● Diverse sources of liquidity. The protocol allows different types of liquidity sources to be plugged into. Liquidity providers may employ different strategies and different implementations to contribute liquidity to the protocol. ● Permissionless. The protocol is designed to be permissionless where any developer can set up various types of reserves, and any end user can contribute liquidity. Implementations need to take into consideration various security vectors, such as reserve spamming, but can be mitigated through a staking mechanism. We can expect implementations to be permissioned initially until the maintainers are confident about these considerations.
The core feature that the Kyber protocol facilitates is the token swap between taker and liquidity sources. The protocol aims to provide the following properties for token trades: ● Instant Settlement. Takers do not have to wait for their orders to be fulfilled, since trade matching and settlement occurs in a single blockchain transaction. This enables trades to be part of a series of actions happening in a single smart contract function. ● Atomicity. When takers make a trade request, their trade either gets fully executed, or is reverted. This “all or nothing” aspect means that takers are not exposed to the risk of partial trade execution. ● Public rate verification. Anyone can verify the rates that are being offered by reserves and have their trades instantly settled just by querying from the smart contracts. ● Ease of integration. Trustless and atomic token trades can be directly and easily integrated into other smart contracts, thereby enabling multiple trades to be performed in a smart contract function.
How each actor works is specified in Section Network Actors. 1. Takers refer to anyone who can directly call the smart contract functions to trade tokens, such as end-users, DApps, and wallets. 2. Reserves refer to anyone who wishes to provide liquidity. They have to implement the smart contract functions defined in the reserve interface in order to be registered and have their token pairs listed. 3. Registered reserves refer to those that will be cycled through for matching taker requests. 4. Maintainers refer to anyone who has permission to access the functions for the adding/removing of reserves and token pairs, such as a DAO or the team behind the protocol implementation. 5. In all, they comprise of the network, which refers to all the actors involved in any given implementation of the protocol.
The protocol implementation needs to have the following: 1. Functions for takers to check rates and execute the trades 2. Functions for the maintainers to registeremove reserves and token pairs 3. Reserve interface that defines the functions reserves needs to implement
https://preview.redd.it/d2tcxc7wdcg51.png?width=700&format=png&auto=webp&s=b2afde388a77054e6731772b9115ee53f09b6a4a

1.3 KYBER CORE SMART CONTRACTS

Kyber Core smart contracts is an implementation of the protocol that has major protocol functions to allow actors to join and interact with the network. For example, the Kyber Core smart contracts provide functions for the listing and delisting of reserves and trading pairs by having clear interfaces for the reserves to comply to be able to register to the network and adding support for new trading pairs. In addition, the Kyber Core smart contracts also provide a function for takers to query the best rate among all the registered reserves, and perform the trades with the corresponding rate and reserve. A trading pair consists of a quote token and any other token that the reserve wishes to support. The quote token is the token that is either traded from or to for all trades. For example, the Ethereum implementation of the Kyber protocol uses Ether as the quote token.
In order to search for the best rate, all reserves supporting the requested token pair will be iterated through. Hence, the Kyber Core smart contracts need to have this search algorithm implemented.
The key functions implemented in the Kyber Core Smart Contracts are listed in Figure 2 below. We will visit and explain the implementation details and security considerations of each function in the Specification Section.

1.4 HOW KYBER’S ON-CHAIN PROTOCOL WORKS?

Kyber is the liquidity infrastructure for decentralized finance. Kyber aggregates liquidity from diverse sources into a pool, which provides the best rates for takers such as DApps, Wallets, DEXs, and End users.

1.4.1 PROVIDING LIQUIDITY AS A RESERVE

Anyone can operate a Kyber Reserve to market make for profit and make their tokens available for DApps in the ecosystem. Through an open reserve architecture, individuals, token teams and professional market makers can contribute token assets to Kyber’s liquidity pool and earn from the spread in every trade. These tokens become available at the best rates across DApps that tap into the network, making them instantly more liquid and useful.
MAIN RESERVE TYPES Kyber currently has over 45 reserves in its network providing liquidity. There are 3 main types of reserves that allow different liquidity contribution options to suit the unique needs of different providers. 1. Automated Price Reserves (APR) — Allows token teams and users with large token holdings to have an automated yet customized pricing system with low maintenance costs. Synthetix and Melon are examples of teams that run APRs. 2. Fed Price Reserves (FPR) — Operated by professional market makers that require custom and advanced pricing strategies tailored to their specific needs. Kyber alongside reserves such as OneBit, runs FPRs. 3. Bridge Reserves (BR) — These are specialized reserves meant to bring liquidity from other on-chain liquidity providers like Uniswap, Oasis, DutchX, and Bancor into the network.

1.5 KYBER NETWORK ROLES

There Kyber Network functions through coordination between several different roles and functions as explained below: - Users — This entity uses the Kyber Network to send and receive tokens. A user can be an individual, a merchant, and even a smart contract account. - Reserve Entities — This role is used to add liquidity to the platform through the dynamic reserve pool. Some reserve entities are internal to the Kyber Network, but others may be registered third parties. Reserve entities may be public if the public contributes to the reserves they hold, otherwise they are considered private. By allowing third parties as reserve entities the network adds diversity, which prevents monopolization and keeps exchange rates competitive. Allowing third party reserve entities also allows for the listing of less popular coins with lower volumes. - Reserve Contributors — Where reserve entities are classified as public, the reserve contributor is the entity providing reserve funds. Their incentive for doing so is a profit share from the reserve. - The Reserve Manager — Maintains the reserve, calculates exchange rates and enters them into the network. The reserve manager profits from exchange spreads set by them on their reserves. They can also benefit from increasing volume by accessing the entire Kyber Network. - The Kyber Network Operator — Currently the Kyber Network team is filling the role of the network operator, which has a function to adds/remove Reserve Entities as well as controlling the listing of tokens. Eventually, this role will revert to a proper decentralized governance.

1.6 BASIC TOKEN TRADE

A basic token trade is one that has the quote token as either the source or destination token of the trade request. The execution flow of a basic token trade is depicted in the diagram below, where a taker would like to exchange BAT tokens for ETH as an example. The trade happens in a single blockchain transaction. 1. Taker sends 1 ETH to the protocol contract, and would like to receive BAT in return. 2. Protocol contract queries the first reserve for its ETH to BAT exchange rate. 3. Reserve 1 offers an exchange rate of 1 ETH for 800 BAT. 4. Protocol contract queries the second reserve for its ETH to BAT exchange rate. 5. Reserve 2 offers an exchange rate of 1 ETH for 820 BAT. 6. This process goes on for the other reserves. After the iteration, reserve 2 is discovered to have offered the best ETH to BAT exchange rate. 7. Protocol contract sends 1 ETH to reserve 2. 8. The reserve sends 820 BAT to the taker.

1.7 TOKEN-TO-TOKEN TRADE

A token-to-token trade is one where the quote token is neither the source nor the destination token of the trade request. The exchange flow of a token to token trade is depicted in the diagram below, where a taker would like to exchange BAT tokens for DAI as an example. The trade happens in a single blockchain transaction. 1. Taker sends 50 BAT to the protocol contract, and would like to receive DAI in return. 2. Protocol contract sends 50 BAT to the reserve offering the best BAT to ETH rate. 3. Protocol contract receives 1 ETH in return. 4. Protocol contract sends 1 ETH to the reserve offering the best ETH to DAI rate. 5. Protocol contract receives 30 DAI in return. 6. Protocol contract sends 30 DAI to the user.

2.KYBER NETWORK CRYSTAL (KNC) TOKEN

Kyber Network Crystal (KNC) is an ERC-20 utility token and an integral part of Kyber Network.
KNC is the first deflationary staking token where staking rewards and token burns are generated from actual network usage and growth in DeFi.
The Kyber Network Crystal (KNC) is the backbone of the Kyber Network. It works to connect liquidity providers and those who need liquidity and serves three distinct purposes. The first of these is to collect transaction fees, and a portion of every fee collected is burned, which keeps KNC deflationary. Kyber Network Crystals (KNC), are named after the crystals in Star Wars used to power light sabers.
The KNC also ensures the smooth operation of the reserve system in the Kyber liquidity since entities must use third-party tokens to buy the KNC that pays for their operations in the network.
KNC allows token holders to play a critical role in determining the incentive system, building a wide base of stakeholders, and facilitating economic flow in the network. A small fee is charged each time a token exchange happens on the network, and KNC holders get to vote on this fee model and distribution, as well as other important decisions. Over time, as more trades are executed, additional fees will be generated for staking rewards and reserve rebates, while more KNC will be burned. - Participation rewards — KNC holders can stake KNC in the KyberDAO and vote on key parameters. Voters will earn staking rewards (in ETH) - Burning — Some of the network fees will be burned to reduce KNC supply permanently, providing long-term value accrual from decreasing supply. - Reserve incentives — KNC holders determine the portion of network fees that are used as rebates for selected liquidity providers (reserves) based on their volume performance.

Finally, the KNC token is the connection between the Kyber Network and the exchanges, wallets, and dApps that leverage the liquidity network. This is a virtuous system since entities are rewarded with referral fees for directing more users to the Kyber Network, which helps increase adoption for Kyber and for the entities using the Network.
And of course there will soon be a fourth and fifth uses for the KNC, which will be as a staking token used to generate passive income, as well as a governance token used to vote on key parameters of the network.
The Kyber Network Crystal (KNC) was released in a September 2017 ICO at a price around $1. There were 226,000,000 KNC minted for the ICO, with 61% sold to the public. The remaining 39% are controlled 50/50 by the company and the founders/advisors, with a 1 year lockup period and 2 year vesting period.
Currently, just over 180 million coins are in circulation, and the total supply has been reduced to 210.94 million after the company burned 1 millionth KNC token in May 2019 and then its second millionth KNC token just three months later.
That means that while it took 15 months to burn the first million KNC, it took just 10 weeks to burn the second million KNC. That shows how rapidly adoption has been growing recently for Kyber, with July 2019 USD trading volumes on the Kyber Network nearly reaching $60 million. This volume has continued growing, and on march 13, 2020 the network experienced its highest daily trading activity of $33.7 million in a 24-hour period.
Currently KNC is required by Reserve Managers to operate on the network, which ensures a minimum amount of demand for the token. Combined with future plans for burning coins, price is expected to maintain an upward bias, although it has suffered along with the broader market in 2018 and more recently during the summer of 2019.
It was unfortunate in 2020 that a beginning rally was cut short by the coronavirus pandemic, although the token has stabilized as of April 2020, and there are hopes the rally could resume in the summer of 2020.

2.1 HOW ARE KNC TOKENS PRODUCED?

The native token of Kyber is called Kyber Network Crystals (KNC). All reserves are required to pay fees in KNC for the right to manage reserves. The KNC collected as fees are either burned and taken out of the total supply or awarded to integrated dapps as an incentive to help them grow.

2.2 HOW DO YOU GET HOLD OF KNC TOKENS?

Kyber Swap can be used to buy ETH directly using a credit card, which can then be used to swap for KNC. Besides Kyber itself, exchanges such as Binance, Huobi, and OKex trade KNC.

2.3 WHAT CAN YOU DO WITH KYBER?

The most direct and basic function of Kyber is for instantly swapping tokens without registering an account, which anyone can do using an Etheruem wallet such as MetaMask. Users can also create their own reserves and contribute funds to a reserve, but that process is still fairly technical one–something Kyber is working on making easier for users in the future.

2.4 THE GOAL OF KYBER THE FUTURE

The goal of Kyber in the coming years is to solidify its position as a one-stop solution for powering liquidity and token swapping on Ethereum. Kyber plans on a major protocol upgrade called Katalyst, which will create new incentives and growth opportunities for all stakeholders in their ecosystem, especially KNC holders. The upgrade will mean more use cases for KNC including to use KNC to vote on governance decisions through a decentralized organization (DAO) called the KyberDAO.
With our upcoming Katalyst protocol upgrade and new KNC model, Kyber will provide even more benefits for stakeholders. For instance, reserves will no longer need to hold a KNC balance for fees, removing a major friction point, and there will be rebates for top performing reserves. KNC holders can also stake their KNC to participate in governance and receive rewards.

2.5 BUYING & STORING KNC

Those interested in buying KNC tokens can do so at a number of exchanges. Perhaps your best bet between the complete list is the likes of Coinbase Pro and Binance. The former is based in the USA whereas the latter is an offshore exchange.
The trading volume is well spread out at these exchanges, which means that the liquidity is not concentrated and dependent on any one exchange. You also have decent liquidity on each of the exchange books. For example, the Binance BTC / KNC books are wide and there is decent turnover. This means easier order execution.
KNC is an ERC20 token and can be stored in any wallet with ERC20 support, such as MyEtherWallet or MetaMask. One interesting alternative is the KyberSwap Android mobile app that was released in August 2019.
It allows for instant swapping of tokens and has support for over 70 different altcoins. It also allows users to set price alerts and limit orders and works as a full-featured Ethereum wallet.

2.6 KYBER KATALYST UPGRADE

Kyber has announced their intention to become the de facto liquidity layer for the Decentralized Finance space, aiming to have Kyber as the single on-chain endpoint used by the majority of liquidity providers and dApp developers. In order to achieve this goal the Kyber Network team is looking to create an open ecosystem that garners trust from the decentralized finance space. They believe this is the path that will lead the majority of projects, developers, and users to choose Kyber for liquidity needs. With that in mind they have recently announced the launch of a protocol upgrade to Kyber which is being called Katalyst.
The Katalyst upgrade will create a stronger ecosystem by creating strong alignments towards a common goal, while also strengthening the incentives for stakeholders to participate in the ecosystem.
The primary beneficiaries of the Katalyst upgrade will be the three major Kyber stakeholders: 1. Reserve managers who provide network liquidity; 2. dApps that connect takers to Kyber; 3. KNC holders.
These stakeholders can expect to see benefits as highlighted below: Reserve Managers will see two new benefits to providing liquidity for the network. The first of these benefits will be incentives for providing reserves. Once Katalyst is implemented part of the fees collected will go to the reserve managers as an incentive for providing liquidity.
This mechanism is similar to rebates in traditional finance, and is expected to drive the creation of additional reserves and market making, which in turn will lead to greater liquidity and platform reach.
Katalyst will also do away with the need for reserve managers to maintain a KNC balance for use as network fees. Instead fees will be automatically collected and used as incentives or burned as appropriate. This should remove a great deal of friction for reserves to connect with Kyber without affecting the competitive exchange rates that takers in the system enjoy. dApp Integrators will now be able to set their own spread, which will give them full control over their own business model. This means the current fee sharing program that shares 30% of the 0.25% fee with dApp developers will go away and developers will determine their own spread. It’s believed this will increase dApp development within Kyber as developers will now be in control of fees.
KNC Holders, often thought of as the core of the Kyber Network, will be able to take advantage of a new staking mechanism that will allow them to receive a portion of network fees by staking their KNC and participating in the KyberDAO.

2.7 COMING KYBERDAO

With the implementation of the Katalyst protocol the KNC holders will be put right at the heart of Kyber. Holders of KNC tokens will now have a critical role to play in determining the future economic flow of the network, including its incentive systems.
The primary way this will be achieved is through KyberDAO, a way in which on-chain and off-chain governance will align to streamline cooperation between the Kyber team, KNC holders, and market participants.
The Kyber Network team has identified 3 key areas of consideration for the KyberDAO: 1. Broad representation, transparent governance and network stability 2. Strong incentives for KNC holders to maintain their stake and be highly involved in governance 3. Maximizing participation with a wide range of options for voting delegation
Interaction between KNC Holders & Kyber
This means KNC holders have been empowered to determine the network fee and how to allocate the fees to ensure maximum network growth. KNC holders will now have three fee allocation options to vote on: - Voting Rewards: Immediate value creation. Holders who stake and participate in the KyberDAO get their share of the fees designated for rewards. - Burning: Long term value accrual. The decreasing supply of KNC will improve the token appreciation over time and benefit those who did not participate. - Reserve Incentives:Value creation via network growth. By rewarding Kyber reserve managers based on their performance, it helps to drive greater volume, value, and network fees.

2.8 TRANSPARENCY AND STABILITY

The design of the KyberDAO is meant to allow for the greatest network stability, as well as maximum transparency and the ability to quickly recover in emergency situations. Initally the Kyber team will remain as maintainers of the KyberDAO. The system is being developed to be as verifiable as possible, while still maintaining maximum transparency regarding the role of the maintainer in the DAO.
Part of this transparency means that all data and processes are stored on-chain if feasible. Voting regarding network fees and allocations will be done on-chain and will be immutable. In situations where on-chain storage or execution is not feasible there will be a set of off-chain governance processes developed to ensure all decisions are followed through on.

2.9 KNC STAKING AND DELEGATION

Staking will be a new addition and both staking and voting will be done in fixed periods of times called “epochs”. These epochs will be measured in Ethereum block times, and each KyberDAO epoch will last roughly 2 weeks.
This is a relatively rapid epoch and it is beneficial in that it gives more rapid DAO conclusion and decision-making, while also conferring faster reward distribution. On the downside it means there needs to be a new voting campaign every two weeks, which requires more frequent participation from KNC stakeholders, as well as more work from the Kyber team.
Delegation will be part of the protocol, allowing stakers to delegate their voting rights to third-party pools or other entities. The pools receiving the delegation rights will be free to determine their own fee structure and voting decisions. Because the pools will share in rewards, and because their voting decisions will be clearly visible on-chain, it is expected that they will continue to work to the benefit of the network.

3. TRADING

After the September 2017 ICO, KNC settled into a trading price that hovered around $1.00 (decreasing in BTC value) until December. The token has followed the trend of most other altcoins — rising in price through December and sharply declining toward the beginning of January 2018.
The KNC price fell throughout all of 2018 with one exception during April. From April 6th to April 28th, the price rose over 200 percent. This run-up coincided with a blog post outlining plans to bring Bitcoin to the Ethereum blockchain. Since then, however, the price has steadily fallen, currently resting on what looks like a $0.15 (~0.000045 BTC) floor.
With the number of partners using the Kyber Network, the price may rise as they begin to fully use the network. The development team has consistently hit the milestones they’ve set out to achieve, so make note of any release announcements on the horizon.

4. COMPETITION

The 0x project is the biggest competitor to Kyber Network. Both teams are attempting to enter the decentralized exchange market. The primary difference between the two is that Kyber performs the entire exchange process on-chain while 0x keeps the order book and matching off-chain.
As a crypto swap exchange, the platform also competes with ShapeShift and Changelly.

5.KYBER MILESTONES

• June 2020: Digifox, an all-in-one finance application by popular crypto trader and Youtuber Nicholas Merten a.k.a DataDash (340K subs), integrated Kyber to enable users to easily swap between cryptocurrencies without having to leave the application. • June 2020: Stake Capital partnered with Kyber to provide convenient KNC staking and delegation services, and also took a KNC position to participate in governance. • June 2020: Outlined the benefits of the Fed Price Reserve (FPR) for professional market makers and advanced developers. • May 2020: Kyber crossed US$1 Billion in total trading volume and 1 Million transactions, performed entirely on-chain on Ethereum. • May 2020: StakeWith.Us partnered Kyber Network as a KyberDAO Pool Master. • May 2020: 2Key, a popular blockchain referral solution using smart links, integrated Kyber’s on-chain liquidity protocol for seamless token swaps • May 2020: Blockchain game League of Kingdoms integrated Kyber to accept Token Payments for Land NFTs. • May 2020: Joined the Zcash Developer Alliance , an invite-only working group to advance Zcash development and interoperability. • May 2020: Joined the Chicago DeFi Alliance to help accelerate on-chain market making for professionals and developers. • March 2020: Set a new record of USD $33.7M in 24H fully on-chain trading volume, and $190M in 30 day on-chain trading volume. • March 2020: Integrated by Rarible, Bullionix, and Unstoppable Domains, with the KyberWidget deployed on IPFS, which allows anyone to swap tokens through Kyber without being blocked. • February 2020: Popular Ethereum blockchain game Axie Infinity integrated Kyber to accept ERC20 payments for NFT game items. • February 2020: Kyber’s protocol was integrated by Gelato Finance, Idle Finance, rTrees, Sablier, and 0x API for their liquidity needs. • January 2020: Kyber Network was found to be the most used protocol in the whole decentralized finance (DeFi) space in 2019, according to a DeFi research report by Binance. • December 2019: Switcheo integrated Kyber’s protocol for enhanced liquidity on their own DEX. • December 2019: DeFi Wallet Eidoo integrated Kyber for seamless in-wallet token swaps. • December 2019: Announced the development of the Katalyst Protocol Upgrade and new KNC token model. • July 2019: Developed the Waterloo Bridge , a Decentralized Practical Cross-chain Bridge between EOS and Ethereum, successfully demonstrating a token swap between Ethereum to EOS. • July 2019: Trust Wallet, the official Binance wallet, integrated Kyber as part of its decentralized token exchange service, allowing even more seamless in-wallet token swaps for thousands of users around the world. • May 2019: HTC, the large consumer electronics company with more than 20 years of innovation, integrated Kyber into its Zion Vault Wallet on EXODUS 1 , the first native web 3.0 blockchain phone, allowing users to easily swap between cryptocurrencies in a decentralized manner without leaving the wallet. • January 2019: Introduced the Automated Price Reserve (APR) , a capital efficient way for token teams and individuals to market make with low slippage. • January 2019: The popular Enjin Wallet, a default blockchain DApp on the Samsung S10 and S20 mobile phones, integrated Kyber to enable in-wallet token swaps. • October 2018: Kyber was a founding member of the WBTC (Wrapped Bitcoin) Initiative and DAO. • October 2018: Developed the KyberWidget for ERC20 token swaps on any website, with CoinGecko being the first major project to use it on their popular site.

Full Article

submitted by CoinEx_Institution to kybernetwork [link] [comments]

Defi Coins List In Detail

A Detail List Of Defi Coin

Lending

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Payments

Wallets

Interfaces

Infrastructure

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Education

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submitted by jakkkmotivator to Latest_Defi_News [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by armabotwe to nem [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillylamb44 to CryptoCurrencyTrading [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillycheetah59 to CryptoCurrencies [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillylamb44 to BytecoinBCN [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillylamb44 to MiningPoolHub [link] [comments]

BITCOIN FOR BEGINNERS - (7 PARTS) - YouTube Slushpool Tutorial best bitcoin mining pool for beginners - YouTube Bitcoin Mining Beginner Bitcoin For Beginners - YouTube

Hey there, it's Greg.. I'll let you know about cool website updates, or if something seriously interesting happens in bitcoin. This is because all Bitcoin mining pools will ask you for a Bitcoin address that will be used to send your mining rewards and payouts. Our guide on the best bitcoin wallets will help you get a wallet. Read the full guide. The Biggest Mining Pools. The list below details the biggest Bitcoin mining pools. This is based on info from Blockchain’s pool share chart: We strongly recommend new ... Learn how to buy, sell and trade bitcoin and cryptocurrencies without the risk. The perfect introduction to the world of Bitcoin for beginners. Bitcoin Mining Pools. There are many good Bitcoin mining pools to choose from. Although it's tempting to pick the most popular one, it's better for the health of the network to mine with smaller pools so as to avoid potentially harmful concentration of hashing power. The hash rate distribution is best when split among more Bitcoin mining pools. Bitcoin Mining Pool Hash Rate Distribution ... The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team.

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BITCOIN FOR BEGINNERS - (7 PARTS) - YouTube

What is Bitcoin? and How do you mine it? Well, this video will go over Bitcoin mining and show you how to set up Bitcoin Mining Software on your computer. Bi... BitCoin For Beginners - POOLS - Top 3 Mining Pools - Trading and Exchanging - Part 3 1/2 by MrJayBusch. 8:23. BitCoin For Beginners - How To Buy BitCoin And Trade It - Part 3 2/2 by MrJayBusch. 7 ... Today we look at the top 4 bitcoin mining pools and determine which one is the best. Fiat to Cryptocurrency EXCHANGES 1) Coinbase - Buy Cryptocurrency With Fiat → BTC-BCH-ETH-LTC » Registration ... BitCoin For Beginners - POOLS - Top 3 Mining Pools - Trading and Exchanging - Part 3 1/2 - Duration: 8:23. MrJayBusch 185,874 views. 8:23. How to quickly start mining bitcoins [Easy] - Duration: 7 ... This video is unavailable. Watch Queue Queue. Watch Queue Queue

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