Doge miner unblocked
Dogeminer: Subreddit Community
2014.02.20 04:20 noahtessier Dogeminer: Subreddit Community
Dogeminer 2: Back 2 The Moon™ is a clicker / incremental game in the browser. This is the community subreddit. There's rock-crushing & space-travel adventures. Mine dogecoins, hire fun helpers that have special upgrades, find loot to boost your stats & buy a Space Rocket to get to The Moon and beyond! Much wow and dogespeed.
2014.01.24 15:24 thegypsyking LeafCoin: the Green Revolution
Mine LeafCoin!
2014.02.21 18:44 Bajawah /r/BAMT
2023.06.03 02:32 BT7274ismywaifu Found another one
2023.06.01 05:52 Egingell666 Mineru Appreciation Thread (major spoiler)
Major Spoiler! The fact that she exists is the major spoiler. I don't know how spoilery the rest is, but just to be safe, I'll spoiler tag the whole thing.
I don't see many posts regarding Mineru, the Fifth Sage, but her avatar is quite useful. Here's a list of reasons why she's great:
1. She's a giant rideable robot and you can attach weapons and other objects to her arms and back. If what you attach is a Zonai Device, it will activate when you attack with it. 2. If you attach things to her back you can do different stuff. E.g. A wing allows you to glide, a balloon has buoyancy, a rocket will propel you upward, a fan allows you move faster. 3. While riding, you can fall from any height without taking damage. 4. While riding, you can walk over lava. 5. Her bare arms have infinite durability and will break mineral deposits and other breakable objects with one swing. 6. While riding, you can safely walk over gloom. 7. Her shield has infinite durability. 8. She breaks armor (the yellow health bar). 9. You can pick up loot while riding. 10. You can use your bow while riding.
There are some cons, though:
1. She's quite slow. 2. Not really all that great on a fight -- she has low strength and isn't very agile; however, she does knockback with every unblocked swing. 3. While riding, she uses your energy, but not while you're not riding.
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2023.05.30 21:34 Sorry_Commission_362 Doge mini miner asic
So I have 11 miners running. I'm only getting 30 doge aday and 0.019xxxxx in ltc is something a miss or did I miss sonething
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2023.05.30 20:35 Nearby_Platform_8105 Hacks for Clicking bad and doge miner
Clicking bad This code will enable you to auto-cook and auto-sell;
Clicking bad toggle Dogeminer This is a hack that will let you have almost an infinite amount of dogecoin. Not only that but, you get about 9,999,999,999 doge coin per click.
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2023.05.28 07:37 SenadBYW UNBOXING My New Doge Coin Miner - NEO
2023.05.26 09:42 Collector9999 Make no mistake - we are still in a silver bull market, and this is just the beginning.
We are making higher highs and higher lows. The RSI hit 31 and bounced back up. They threw everything and the kitchen sink to smash the price, but it wasn't enough.
From both technical and fundamental standpoint, we're bullish. And miners are even more bullish. If they mine silver at $20 and sell at $23, at $26 they are doubling their profit. Imagine what happens if silver stays consistently at $30, which is long overdue!
There is an extremely strong correlation between the price of gold and silver. So the market manipulators cannot let silver do its thing. *For if they do, soon enough everyone will be selling everything and buying gold... INCLUDING BANKS! *
The 10 Y yield is fast approaching 4%, last time it went above that level, banks started to crash. While almost all bank assets (like mortgage backed securities, US treasuries, credit card debt, auto loans, student loans) become increasingly toxic and may blow up anytime, silver continues to be in this inverse bubble. Don't let anyone else tell you otherwise. When silver starts ripping higher, the fomo will begin. And it will be bigger than GME, BTC and DOGE in 2021.
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SilverDegenClub [link] [comments]
2023.05.25 10:38 Clean_Ad414 What is the price of these miners? Which one is worth buying the most?
2023.05.24 04:59 ScorpionoxVoid ⛏ How to mine Doge? 🐶
| ⛏ How to mine Doge? 🐶 A meme-based coin called Dogecoin (DOGE) has gained a lot of attention in 2021 as a result of a sharp rise in price at the beginning of the year. Dogecoin may have started as a joke, but it appears that the meme-based cryptocurrency is here to stay. Despite market instability, a devoted community is supporting it by holding onto DOGE coins. Compared to Bitcoin, Dogecoin is much faster and simpler to mine. In comparison to Ethereum, Litecoin, Bitcoin Cash, and just about every other mineable cryptocurrency in the top 100 by market cap, it also has a lower mining difficulty. For DOGE miners, learning how to mine Dogecoin may be the most secure path to financial success. Learn more: ⬇️ https://phemex.com/blogs/how-to-mine-doge submitted by ScorpionoxVoid to phemex_global [link] [comments] |
2023.05.23 06:00 YoungSlimeDtx Box fan direction?
| I have several mini doge v1 and a iPollo v1 mini classic. They have fans on the back and a vent on the other side. I was wondering do i point the box fans at the side with the vents or the side with the fans? I’m trying to figure out the best way to cool the miners. submitted by YoungSlimeDtx to cryptomining [link] [comments] |
2023.05.21 13:59 ASTL-Token Bitcoin with memes. How new tokens shaped the multi-million dollar market.
A new type of token has appeared in the Bitcoin blockchain, around which a serious speculative hype has formed. Most of these tokens are so-called memcoins, named after famous memes and do not carry any utility or functionality. Despite this, in a few weeks they collectively rose in price by tens of thousands of percent and provoked a record increase in commissions for transfers within the network of the first cryptocurrency. The new memcoin mania started with the PEPE coin. Anonymous developers launched it in April, and speculators inflated its capitalization to a billion dollars in just three weeks of its existence. Interest in memcoins created on the bitcoin blockchain flows from more familiar networks for creating tokens, such as Ethereum or Solana. The hype has inflated to such an extent that the volume of trading in Bitcoin Frogs collection tokens (analogous to collectible NFTs in the format of bitcoin tokens) from May 17 to May 18 exceeded the indicators of the main blue chip of the NFT market - the Bored Ape Yacht Club (BAYC) collection.
Dubbed BRC-20 (similar to Ethereum's ERC-20), tokens are digital assets that can be created and transferred on the Bitcoin blockchain using the Ordinals protocol. This standard allows you to write data in Satoshi - the smallest unit of bitcoin - and turn them into tokens. The Ordinals protocol has enabled the growth of memcoins that are placed on the bitcoin blockchain but do not have any utility. Instead, traders buy them purely for speculative purposes. Since the introduction of the protocol in March, tens of thousands of BRC-20 tokens have been issued, with a combined market capitalization of more than $1 billion. The ORDI memcoin, referring to the name of the Ordinals protocol but probably not associated with its developers, is at the time of publication the largest with a capitalization about $300 million. Against the backdrop of high demand, the OKX crypto exchange even announced the launch of its own marketplace for trading BRC-20 tokens, and Binance previously announced plans to add their support to its NFT platform.
"The trend is shaping the market," says Konstantinas Sizovas, CFO of the ASTL investment project, talking about the scale of the hype. He notes that the entire current capitalization of new tokens in the bitcoin network, in fact, is occupied by memcoins alone, and the Ordinals protocol itself has very limited functionality compared to the possibilities of using the ERC-20 standard for Ethereum. “But BRC-20 can become a long-term story if now the teams that focus on building infrastructure solutions on bitcoin (wallets, bridges, credit protocols, etc.) will receive money from the largest venture capital funds. Also, do not forget that this adds to the attractiveness of bitcoin itself," the expert adds.
The result of the growing demand for memcoins was a rapid jump in fees for transactions with bitcoin and the formation of a queue of unconfirmed transactions. BRC-20-related transactions flooded the network and led to a high load on it, due to which the fees paid to miners reached the highest level since April 2021. Since the beginning of May, the average amount of fees has increased by about 1500%, to $31 for a simple coin transfer. When bitcoin's transaction blocks are full, the transactions with the highest fees are confirmed first. Pending transactions are in the so-called mempool awaiting confirmation. If, with an adequate load on the network, transfers are confirmed on average in no more than 10 minutes, then in such an anomalous scenario, you can wait for transfer confirmation up to several hours, if you do not send it with an inflated commission.
The pool of unconfirmed bitcoin transactions has skyrocketed from around 10,000 transactions to over 350,000 transactions, causing fees to rise globally. But it turned out to be a good scenario for the miners, whose income increased markedly. In total, more than 4 million BRC-20 transactions took place in May, which is 60% of all Bitcoin transactions. For the first time in many years, in a block of Bitcoin transactions, the commission exceeded the fixed reward of the miner (6.25 BTC) who mined this block. This happened due to the high demand for space in the blockchain, which was provoked by transactions related to the transfer or release of BRC-20 tokens.
"The peak of miners' income was on May 8. It was $41.7 million per day, including $17.7 million from transaction fees. Miner income has now fallen to $27.6 million. Transaction processing income has decreased to $2.4 million "The cost of the commission increased due to a sharp increase in unconfirmed transactions in the mempool. The more there are, the more users are willing to pay for their further processing by miners. Because of this, Binance was forced to disable BTC withdrawals from the trading platform twice a day," the financial Analyst - The situation is not normal. Some bitcoin developers have expressed dissatisfaction with the high commissions and announced the fight against such tokens. Miners, on the contrary, benefit from the development of this standard, bringing them more income from commissions. But, on the other hand, blockchain congestion will reduce the popularity of bitcoin. We need to look for a solution that will suit investors and miners, the expert adds.
BRC-20 tokens reflect the process of possible future experiments in the bitcoin ecosystem. Even if memcoins end up being a passing fad in the cryptocurrency community, they are already having a tangible effect. It may turn out that memcoins will push developers to further experiment at the base level of bitcoin, which will lead to new use cases for it and new sources of demand for space inside transaction blocks. This, in turn, could lead to more sustainable fee growth.
The market for fees is critical to the existence and security of the bitcoin network, since in the future they will have to compensate miners for decreasing block rewards during subsequent halving cycles, originally embedded in the cryptocurrency’s program code. Rising transaction fees may also force leading crypto services to use second-tier technologies to reduce costs. When a spike in fees forced the Binance exchange to temporarily suspend Bitcoin withdrawals, CEO Changpeng Zhao posted on social media that he was considering adding support for the Lightning Network to the exchange. This is a fairly well-known, but not yet widely used, layer 2 payment protocol built on top of Bitcoin and designed to make transfers much faster and cheaper.
The popularity of new tokens has led to the emergence of analogues in the blockchains of other cryptocurrencies, such as Litecoin (LTC) and Dogecoin (DOGE). Because of this, on May 16, the number of transactions in the network increased to a historical maximum. According to Sizovas, such experiments can materialize into something significant only if there are interested development teams that will develop the internal ecosystem. It is also important to note that BRC-20 tokens do not allow Bitcoin to compete with Ethereum as a platform for smart contracts, especially at a basic level. A dynamic ecosystem of decentralized applications is deployed on the Ethereum blockchain, including credit protocols, NFTs, games, social networks and other Web3 applications. Developers can create them using the Solidity programming language, which allows for a wide range of functions and programming logic. The underlying code of bitcoin does not come close to such capabilities.
Some traders have managed to make high profits trading memcoins, but ordinary market participants should be careful. Historically, memcoins have shown high volatility and low liquidity, and their prices often show only declines after crashing from peaks during hype. Perhaps in the future, infrastructure projects on the Bitcoin blockchain will open up investment opportunities. But high fees will certainly remain a stumbling block, especially during a bull run in the crypto market.
As such, investors are advised to take some time to think before making any investment. One of the legitimate forms of investment is, for example, the ASTL investment project, which allows investors to have the opportunity to directly invest fiat and cryptocurrency assets in a stable passive income that obviously exceeds inflationary expectations and is not subject to any sanctions, blocking and confiscation. The ASTL project is a simple and elegant solution for potential investors - an investment in the development of the real sector of a diversified portfolio of cryptocurrencies, with a fairly high ROI (up to 14% annually) with payments in stablecoin (USDT) and the possibility of a full return on investment through the subsequent sale of accrued ASTL tokens on leading crypto exchanges. Details can be found at
https://astl.world.
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2023.05.21 13:58 ASTL-Token Bitcoin with memes. How new tokens shaped the multi-million dollar market.
A new type of token has appeared in the Bitcoin blockchain, around which a serious speculative hype has formed. Most of these tokens are so-called memcoins, named after famous memes and do not carry any utility or functionality. Despite this, in a few weeks they collectively rose in price by tens of thousands of percent and provoked a record increase in commissions for transfers within the network of the first cryptocurrency. The new memcoin mania started with the PEPE coin. Anonymous developers launched it in April, and speculators inflated its capitalization to a billion dollars in just three weeks of its existence. Interest in memcoins created on the bitcoin blockchain flows from more familiar networks for creating tokens, such as Ethereum or Solana. The hype has inflated to such an extent that the volume of trading in Bitcoin Frogs collection tokens (analogous to collectible NFTs in the format of bitcoin tokens) from May 17 to May 18 exceeded the indicators of the main blue chip of the NFT market - the Bored Ape Yacht Club (BAYC) collection.
Dubbed BRC-20 (similar to Ethereum's ERC-20), tokens are digital assets that can be created and transferred on the Bitcoin blockchain using the Ordinals protocol. This standard allows you to write data in Satoshi - the smallest unit of bitcoin - and turn them into tokens. The Ordinals protocol has enabled the growth of memcoins that are placed on the bitcoin blockchain but do not have any utility. Instead, traders buy them purely for speculative purposes. Since the introduction of the protocol in March, tens of thousands of BRC-20 tokens have been issued, with a combined market capitalization of more than $1 billion. The ORDI memcoin, referring to the name of the Ordinals protocol but probably not associated with its developers, is at the time of publication the largest with a capitalization about $300 million. Against the backdrop of high demand, the OKX crypto exchange even announced the launch of its own marketplace for trading BRC-20 tokens, and Binance previously announced plans to add their support to its NFT platform.
"The trend is shaping the market," says Konstantinas Sizovas, CFO of the ASTL investment project, talking about the scale of the hype. He notes that the entire current capitalization of new tokens in the bitcoin network, in fact, is occupied by memcoins alone, and the Ordinals protocol itself has very limited functionality compared to the possibilities of using the ERC-20 standard for Ethereum. “But BRC-20 can become a long-term story if now the teams that focus on building infrastructure solutions on bitcoin (wallets, bridges, credit protocols, etc.) will receive money from the largest venture capital funds. Also, do not forget that this adds to the attractiveness of bitcoin itself," the expert adds.
The result of the growing demand for memcoins was a rapid jump in fees for transactions with bitcoin and the formation of a queue of unconfirmed transactions. BRC-20-related transactions flooded the network and led to a high load on it, due to which the fees paid to miners reached the highest level since April 2021. Since the beginning of May, the average amount of fees has increased by about 1500%, to $31 for a simple coin transfer. When bitcoin's transaction blocks are full, the transactions with the highest fees are confirmed first. Pending transactions are in the so-called mempool awaiting confirmation. If, with an adequate load on the network, transfers are confirmed on average in no more than 10 minutes, then in such an anomalous scenario, you can wait for transfer confirmation up to several hours, if you do not send it with an inflated commission.
The pool of unconfirmed bitcoin transactions has skyrocketed from around 10,000 transactions to over 350,000 transactions, causing fees to rise globally. But it turned out to be a good scenario for the miners, whose income increased markedly. In total, more than 4 million BRC-20 transactions took place in May, which is 60% of all Bitcoin transactions. For the first time in many years, in a block of Bitcoin transactions, the commission exceeded the fixed reward of the miner (6.25 BTC) who mined this block. This happened due to the high demand for space in the blockchain, which was provoked by transactions related to the transfer or release of BRC-20 tokens.
"The peak of miners' income was on May 8. It was $41.7 million per day, including $17.7 million from transaction fees. Miner income has now fallen to $27.6 million. Transaction processing income has decreased to $2.4 million "The cost of the commission increased due to a sharp increase in unconfirmed transactions in the mempool. The more there are, the more users are willing to pay for their further processing by miners. Because of this, Binance was forced to disable BTC withdrawals from the trading platform twice a day," the financial Analyst - The situation is not normal. Some bitcoin developers have expressed dissatisfaction with the high commissions and announced the fight against such tokens. Miners, on the contrary, benefit from the development of this standard, bringing them more income from commissions. But, on the other hand, blockchain congestion will reduce the popularity of bitcoin. We need to look for a solution that will suit investors and miners, the expert adds.
BRC-20 tokens reflect the process of possible future experiments in the bitcoin ecosystem. Even if memcoins end up being a passing fad in the cryptocurrency community, they are already having a tangible effect. It may turn out that memcoins will push developers to further experiment at the base level of bitcoin, which will lead to new use cases for it and new sources of demand for space inside transaction blocks. This, in turn, could lead to more sustainable fee growth.
The market for fees is critical to the existence and security of the bitcoin network, since in the future they will have to compensate miners for decreasing block rewards during subsequent halving cycles, originally embedded in the cryptocurrency’s program code. Rising transaction fees may also force leading crypto services to use second-tier technologies to reduce costs. When a spike in fees forced the Binance exchange to temporarily suspend Bitcoin withdrawals, CEO Changpeng Zhao posted on social media that he was considering adding support for the Lightning Network to the exchange. This is a fairly well-known, but not yet widely used, layer 2 payment protocol built on top of Bitcoin and designed to make transfers much faster and cheaper.
The popularity of new tokens has led to the emergence of analogues in the blockchains of other cryptocurrencies, such as Litecoin (LTC) and Dogecoin (DOGE). Because of this, on May 16, the number of transactions in the network increased to a historical maximum. According to Sizovas, such experiments can materialize into something significant only if there are interested development teams that will develop the internal ecosystem. It is also important to note that BRC-20 tokens do not allow Bitcoin to compete with Ethereum as a platform for smart contracts, especially at a basic level. A dynamic ecosystem of decentralized applications is deployed on the Ethereum blockchain, including credit protocols, NFTs, games, social networks and other Web3 applications. Developers can create them using the Solidity programming language, which allows for a wide range of functions and programming logic. The underlying code of bitcoin does not come close to such capabilities.
Some traders have managed to make high profits trading memcoins, but ordinary market participants should be careful. Historically, memcoins have shown high volatility and low liquidity, and their prices often show only declines after crashing from peaks during hype. Perhaps in the future, infrastructure projects on the Bitcoin blockchain will open up investment opportunities. But high fees will certainly remain a stumbling block, especially during a bull run in the crypto market.
As such, investors are advised to take some time to think before making any investment. One of the legitimate forms of investment is, for example, the ASTL investment project, which allows investors to have the opportunity to directly invest fiat and cryptocurrency assets in a stable passive income that obviously exceeds inflationary expectations and is not subject to any sanctions, blocking and confiscation. The ASTL project is a simple and elegant solution for potential investors - an investment in the development of the real sector of a diversified portfolio of cryptocurrencies, with a fairly high ROI (up to 14% annually) with payments in stablecoin (USDT) and the possibility of a full return on investment through the subsequent sale of accrued ASTL tokens on leading crypto exchanges. Details can be found at
https://astl.world.
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2023.05.20 17:34 theboss0711 Seems sketchy is this legit?
2023.05.19 19:34 Elven11290 😇😇😇I can pay all my house loan with this number
2023.05.19 19:34 Elven11290 😇😇😇I can pay all my house loan with this number
2023.05.17 19:52 DaLeAtaB What is Bitcoin halving and how it will affect its price
| BTC Our experts tell us what we need to know about Bitcoin halving. As well as when to expect it, and what impact it may have on crypto market The fourth Bitcoin halving is about a year away. This event occurs every four years and historically serves as a bullish catalyst for Bitcoin’s price rise and popularity. Halving is a planned reduction in the number of newly issued BTCs. Which are created and distributed to miners who perform transaction verification and validation on the network. This is embedded in Bitcoin’s software code to ensure that the total number of coins in the network never exceeds 21 million units. Halving first took place in November 2012, when the reward per block was reduced from 50 BTC to 25 BTC. The second reduction occurred in July 2016, when the reward dropped from 25 BTC to 12.5 BTC. The third and final halving occurred in May 2020, when the reward dropped from 12.5 to 6.25 BTC. The next Bitcoin halving is expected in April 2024. The reward per block will be reduced to 3.125 BTC, reducing Bitcoin’s annual inflation rate from 1.7% to 0.8%. The final halving will occur in 2140, when the last Bitcoin will be mined. And the total supply of coins will reach 21 million. Bitcoin’s monetary policy is unique compared to most other crypto-assets, which tend to have inflation. Dogecoin (DOGE) has 2-3% inflation. And Solana (SOL) has long-term inflation of 1.5%. Ethereum has had a negative inflation rate since the blockchain switched to the Proof-of-Stake (PoS) algorithm. As the volume of transaction fees burned on the network exceeded the volume of newly issued ETH coins. Halving occurs not only in Bitcoin, but also in other Proof-of-Work (PoW) cryptocurrencies, such as Litecoin (LTC) or Zcash (ZEC). Profits of miners Now the main part of the miners’ profits comes from the distribution of rewards for a found block of bitcoin (newly mined bitcoin). And at which 6.25 BTC is paid out to miners about every 10 minutes. The annual issuance of new Bitcoins creates about $9.8 billion, creating additional selling pressure. Which the market is forced to absorb every year. Despite the fact that the number of new Bitcoins mined per block is halved. The cumulative income of miners after each halving increased. This is due to the rise in the price of BTC. But when the number of new Bitcoins mined in each block approaches zero.Then miners will no longer be able to rely on rising prices to cover costs. In addition to newly issued Bitcoins, miners also receive income in the form of transaction fees. It can be assumed that the commissions for this should increase. At the same time compensating miners for the decreasing income from the issuance of new Bitcoins. Right now transaction fees are only 2.6% of miners’ income as a percentage of the total reward per block found. This year has seen an upward trend in transaction fees. This is largely due to the emergence and popularization of so-called ordinals or BRC20-tokens. These are analogous to NFT in the Bitcoin blockchain, which require space in a block. New experiments with second-tier technologies such as the Lightning payment network or the Stacks smart contract platform. So too could further increase the strain on the blockchain. If transaction fees don’t rise appreciably. Or miners fail to find alternative sources of income. Then Bitcoin’s long-term viability could be in question. And subsequent halving will put additional pressure on miners. How Halving will affect the price If you estimate the price dynamics in three Bitcoin halving cycles over a two-year period. And beginning one year before each halving and ending one year after it, one can get an idea of Bitcoin’s price trajectory as the fourth halving approaches. Over such a two-year period in 2012, Bitcoin gained about 30,000%. And in 2016, 786%, and in 2020, 712%. If Bitcoin performs as well as in the last two periods, its price could reach the $220,000 mark in 2025. However, past performance is no guarantee of future results. And there are many other factors influencing Bitcoin’s price. Moreover, as Bitcoin develops and becomes more widespread over time, its price may become less volatile and more stable. Another expectation of halving is less pressure on the price due to sales, especially from miners. Miners are the most predictable sellers of Bitcoin. That’s because they need to cover the cost of maintaining operations by converting new Bitcoins into fiat money. With each halving, the structural pressure to sell decreases. And assuming demand stays the same or goes up, the resulting price should also go up. / submitted by DaLeAtaB to CryptoUpvotesAgency [link] [comments] |
2023.05.17 12:20 ASTL-Token What is bitcoin halving and how it will affect the cost.
The fourth bitcoin halving is about a year away. This event occurs every four years and has historically served as a bullish catalyst for the rise in the price and popularization of bitcoin. Halving is a planned reduction in the number of newly issued bitcoins (BTC) that are created and distributed among the miners who verify and confirm transactions on the network. This is built into the bitcoin programming code so that the total number of coins in the network never exceeds 21 million units. The first halving took place in November 2012, when the block reward - the amount of bitcoins awarded to miners for confirming each block of transactions - decreased from 50 BTC to 25 BTC. The second reduction occurred in July 2016 when the reward was reduced from 25 BTC to 12.5 BTC. The third and final halving occurred in May 2020, when the reward dropped from 12.5 BTC to 6.25 BTC. The next bitcoin halving is expected in April 2024. The block reward will be reduced to 3.125 BTC, which will reduce the annual inflation rate of bitcoin from 1.7% to 0.8%. The final halving will take place in 2140, when the last bitcoin will be mined, and the total supply of coins will reach 21 million.
The monetary policy of bitcoin is unique compared to most other crypto assets, which tend to experience inflation. Dogecoin (DOGE) has an inflation of 2-3%, while Solana's (SOL) long-term inflation is 1.5%. Ethereum’s inflation rate turned negative after the blockchain transition to the Proof-of-Stake (PoS) algorithm, as the amount of burned commissions for transactions on the network exceeded the amount of newly issued ETH coins. Halvings take place not only in Bitcoin, but also in other cryptocurrencies that work on the Proof-of-Work (PoW) algorithm, for example, Litecoin (LTC) or Zcash (ZEC).
If we evaluate the price dynamics in three Bitcoin halving cycles over a two-year period starting one year before each halving and ending one year after it, one can get an idea of the trajectory of the price movement of bitcoin as the fourth halving approaches. Over such a two-year period, in 2012, the growth of the bitcoin rate was about 30,000%, in 2016 - 786%, and in 2020 - 712%. If bitcoin performs the same as in the last two periods, its price in 2025 could reach $220,000. However, past performance does not guarantee future results, and many other factors influence the price of bitcoin. Moreover, as bitcoin develops and becomes widespread, its price may become less volatile and more stable over time.
Another expectation from the halving is to reduce pressure on the price due to selling, especially from the miners. Miners are the most predictable sellers of bitcoin, as they need to cover the cost of maintaining the operation by converting new bitcoins into fiat money. With each halving, there is less structural selling pressure, and assuming demand stays the same or rises, the price should also rise as a result. Right now, the bulk of miners’ income comes from the distribution of rewards for finding a block of bitcoin (newly mined bitcoin), in which 6.25 BTC (about $ 187 thousand at the exchange rate at the time of publication) is paid to miners approximately every 10 minutes. The annual issuance of new bitcoins creates about $9.8 billion, creating additional selling pressure that the market is forced to absorb every year.
Despite the fact that the number of new bitcoins mined in each block is halved, the total income of miners after each halving increased, which was due to the increase in the price of bitcoin. But when the number of new bitcoins mined in each block approaches zero, miners will no longer be able to rely on price increases to cover costs.
In addition to newly minted bitcoins, miners also earn income in the form of transaction fees. It can be assumed that fees should increase, compensating miners for declining income from issuing new bitcoins. Now the transaction fee is only 2.6% of miners' income as a percentage of the total block reward. This year, there is an upward trend in transaction fees. This is largely due to the emergence and popularization of the so-called ordinals or BRC20 tokens - an analogue of NFTs in the bitcoin blockchain, which require space in the block. New experiments with second-tier technologies such as the Lightning payment network or the Stacks smart contract platform could further increase the burden on the blockchain.
Judging by historical data, it was profitable to invest in bitcoin before the halving. However, since coin issuance reduction has less of an impact on relative selling pressure compared to daily trading volume, halving events may be less significant in the future. If transaction fees do not increase significantly, or miners are unable to find alternative sources of income, the long-term viability of bitcoin may be in question, and subsequent halvings will put additional pressure on miners.
Halving is one of the most important events in the history and evolution of bitcoin. It shows the unique features of bitcoin as a decentralized, inflation-free and transparent form of money that is controlled by code. Depending on how the network reacts to this event, the next halving will either further solidify bitcoin as a leading cryptocurrency or pave the way for new potential cryptocurrency networks to push it off its pedestal.
Investors are advised to take some time to think before making any investment. One of the legitimate forms of investment is, for example, the ASTL investment project, which allows investors to have the opportunity to directly invest fiat and cryptocurrency assets in a stable passive income that obviously exceeds inflationary expectations and is not subject to any sanctions, blocking and confiscation. The ASTL project is a simple and elegant solution for potential investors - an investment in the development of the real sector of a diversified portfolio of cryptocurrencies, with a fairly high ROI (up to 14% annually) with payments in stablecoin (USDT) and the possibility of a full return on investment through the subsequent sale of accrued ASTL tokens on leading crypto exchanges. Details can be found at
https://astl.world.
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2023.05.17 12:20 ASTL-Token What is bitcoin halving and how it will affect the cost.
The fourth bitcoin halving is about a year away. This event occurs every four years and has historically served as a bullish catalyst for the rise in the price and popularization of bitcoin. Halving is a planned reduction in the number of newly issued bitcoins (BTC) that are created and distributed among the miners who verify and confirm transactions on the network. This is built into the bitcoin programming code so that the total number of coins in the network never exceeds 21 million units. The first halving took place in November 2012, when the block reward - the amount of bitcoins awarded to miners for confirming each block of transactions - decreased from 50 BTC to 25 BTC. The second reduction occurred in July 2016 when the reward was reduced from 25 BTC to 12.5 BTC. The third and final halving occurred in May 2020, when the reward dropped from 12.5 BTC to 6.25 BTC. The next bitcoin halving is expected in April 2024. The block reward will be reduced to 3.125 BTC, which will reduce the annual inflation rate of bitcoin from 1.7% to 0.8%. The final halving will take place in 2140, when the last bitcoin will be mined, and the total supply of coins will reach 21 million.
The monetary policy of bitcoin is unique compared to most other crypto assets, which tend to experience inflation. Dogecoin (DOGE) has an inflation of 2-3%, while Solana's (SOL) long-term inflation is 1.5%. Ethereum’s inflation rate turned negative after the blockchain transition to the Proof-of-Stake (PoS) algorithm, as the amount of burned commissions for transactions on the network exceeded the amount of newly issued ETH coins. Halvings take place not only in Bitcoin, but also in other cryptocurrencies that work on the Proof-of-Work (PoW) algorithm, for example, Litecoin (LTC) or Zcash (ZEC).
If we evaluate the price dynamics in three Bitcoin halving cycles over a two-year period starting one year before each halving and ending one year after it, one can get an idea of the trajectory of the price movement of bitcoin as the fourth halving approaches. Over such a two-year period, in 2012, the growth of the bitcoin rate was about 30,000%, in 2016 - 786%, and in 2020 - 712%. If bitcoin performs the same as in the last two periods, its price in 2025 could reach $220,000. However, past performance does not guarantee future results, and many other factors influence the price of bitcoin. Moreover, as bitcoin develops and becomes widespread, its price may become less volatile and more stable over time.
Another expectation from the halving is to reduce pressure on the price due to selling, especially from the miners. Miners are the most predictable sellers of bitcoin, as they need to cover the cost of maintaining the operation by converting new bitcoins into fiat money. With each halving, there is less structural selling pressure, and assuming demand stays the same or rises, the price should also rise as a result. Right now, the bulk of miners’ income comes from the distribution of rewards for finding a block of bitcoin (newly mined bitcoin), in which 6.25 BTC (about $ 187 thousand at the exchange rate at the time of publication) is paid to miners approximately every 10 minutes. The annual issuance of new bitcoins creates about $9.8 billion, creating additional selling pressure that the market is forced to absorb every year.
Despite the fact that the number of new bitcoins mined in each block is halved, the total income of miners after each halving increased, which was due to the increase in the price of bitcoin. But when the number of new bitcoins mined in each block approaches zero, miners will no longer be able to rely on price increases to cover costs.
In addition to newly minted bitcoins, miners also earn income in the form of transaction fees. It can be assumed that fees should increase, compensating miners for declining income from issuing new bitcoins. Now the transaction fee is only 2.6% of miners' income as a percentage of the total block reward. This year, there is an upward trend in transaction fees. This is largely due to the emergence and popularization of the so-called ordinals or BRC20 tokens - an analogue of NFTs in the bitcoin blockchain, which require space in the block. New experiments with second-tier technologies such as the Lightning payment network or the Stacks smart contract platform could further increase the burden on the blockchain.
Judging by historical data, it was profitable to invest in bitcoin before the halving. However, since coin issuance reduction has less of an impact on relative selling pressure compared to daily trading volume, halving events may be less significant in the future. If transaction fees do not increase significantly, or miners are unable to find alternative sources of income, the long-term viability of bitcoin may be in question, and subsequent halvings will put additional pressure on miners.
Halving is one of the most important events in the history and evolution of bitcoin. It shows the unique features of bitcoin as a decentralized, inflation-free and transparent form of money that is controlled by code. Depending on how the network reacts to this event, the next halving will either further solidify bitcoin as a leading cryptocurrency or pave the way for new potential cryptocurrency networks to push it off its pedestal.
Investors are advised to take some time to think before making any investment. One of the legitimate forms of investment is, for example, the ASTL investment project, which allows investors to have the opportunity to directly invest fiat and cryptocurrency assets in a stable passive income that obviously exceeds inflationary expectations and is not subject to any sanctions, blocking and confiscation. The ASTL project is a simple and elegant solution for potential investors - an investment in the development of the real sector of a diversified portfolio of cryptocurrencies, with a fairly high ROI (up to 14% annually) with payments in stablecoin (USDT) and the possibility of a full return on investment through the subsequent sale of accrued ASTL tokens on leading crypto exchanges. Details can be found at
https://astl.world.
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2023.05.15 16:04 Both-Media-3122 🤩 The Auction of #ANTMINER L7-8550M is Rounded off Perfectly! 💰 Price after coupons is as low as $0.455/M! 🎉Amazing prices! You won! 👏Congratulations to shortlisted customers! 😘Thank you for your active participation!
2023.05.13 16:54 Time_Risk dogecoin solo mine
please someone help me. I just want to solo mine doge on linux using dogecoin core
how do you setup the .conf file? I uderstand how to mine what miners to use etc etc I can mine doge from pools sure, i dont want to I want to mine doge solo. how the hell do you setup core to do this?
my node is up and running. I just need some help some how to's there is zero on solo mining doge using dogecoin core.. zip zero zilch, llike no one knows how? I dont get it.. any help is appreacted.
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2023.05.11 17:37 Determinaator RollerCoin - virtual bitcoin mining game
RollerCoin is an online virtual bitcoin mining game where you can earn various cryptocurrencies (BTC, ETH, DOGE). To start earning BTC, ETH and/or DOGE you have to gather mining power. You can do this by either buying miners or playing arcade games for free.
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2023.05.11 05:48 CyberTruck-Gear7882 My Mac-Doge is almost complete.
| I had an old Apple Mac-Pro so I thought I would repurpose it and make a home for my 2 Doge (Litecoin) miners and my Bitmain Ant power supply. Just need to add a little sound dampening to help the sound and it will be a pretty cool setup. 🤷♂️ submitted by CyberTruck-Gear7882 to dogemining [link] [comments] |
2023.05.10 11:47 Clean_Ad414 Why has mining BTC become so profitable? Is it a good time to buy some miners?