

Epic Cash AMA Recap with CryptoDiffer Community

Yoga Dude PR&Marketing at Epic Cash
Xenolink Advisor at Epic Cash
Max Freeman Project Lead at Epic Cash
CryptoDiffer team
Max Freeman Project Lead at Epic Cash
There are some great short videos on our YouTube channel
Yoga Dude PR&Marketing at Epic Cash
Xenolink Advisor at Epic Cash
CryptoDiffer team
Yoga Dude PR&Marketing at Epic Cash
Max Freeman Project Lead at Epic Cash
Core Protocol
Ecosystem Development
Core Protocol
Ecosystem Development
Xenolink Advisor at Epic Cash
CryptoDiffer team
Cryptodiffer Community
Max Freeman Project Lead at Epic Cash
Cryptodiffer Community
Xenolink Advisor at Epic Cash
Cryptodiffer Community
Yoga Dude PR&Marketing at Epic Cash
✅ our blockchain is MUCH lighter than Monero’s
✅ our transaction processing speed is much faster
✅ our address-less blockchain is more private
Cryptodiffer Community
Max Freeman Project Lead at Epic Cash
Cryptodiffer Community
Who is Epic Biggest competitors?
And what’s makes epic better than competitors?
Xenolink Advisor at Epic Cash
Cryptodiffer Community
Yoga Dude PR&Marketing at Epic Cash
Cryptodiffer Community
Xenolink Advisor at Epic Cash
Cryptodiffer Community
Max Freeman Project Lead at Epic Cash
Cryptodiffer Community
Max Freeman Project Lead at Epic Cash
Xenolink Advisor at Epic Cash
Cryptodiffer Community
Yoga Dude Pr&Marketing at Epic Cash
Cryptodiffer Community
Yoga Dude PR&Marketing at Epic Cash
Cryptodiffer Community
Max Freeman Project Lead at Epic Cash
Epic Cash will have its OWN Celebrities
Cryptodiffer Community
Xenolink Advisor at Epic Cash
Cryptodiffer Community
Max Freeman Project Lead at Epic Cash
Cryptodiffer Community
Yoga Dude Pr&Marketing at Epic Cash
Cryptodiffer Community
Is a mobile version feasible?
Max Freeman Project Lead at Epic Cash
Cryptodiffer Community
What markets will you add after that?
Yoga Dude PR&Marketing at Epic Cash
Well, we are aiming to have ALL markets
Epic Cash is More than Money and its for Everyone.
Cryptodiffer Community
Max Freeman Project Lead at Epic Cash
Cryptodiffer Community
Xenolink Advisor at Epic Cash
Cryptodiffer Community
Max Freeman Project Lead at Epic Cash
Cryptodiffer Community
Yoga Dude PR&Marketing at Epic Cash
Cryptodiffer Community
Max Freeman Project Lead at Epic Cash
Max Freeman Project Lead at Epic Cash
Xenolink Advisor at Epic Cash
Yoga Dude Pr&Marketing at Epic Cash
Cryptodiffer TEAM
Thank you everyone for taking your time and asking great questions
Thank you for your time, it was an insightful session
Spread the love
submitted by EpicCashFrodo to epiccash [link] [comments]

An extensive guide for cashing out bitcoin and cryptocurrencies into private banks

Hey guys.
Merry Xmas !
*The origin of your crypto wealth
*Your background (residence, citizenship and probity)
These two aspects must be documented in-depth.
EU tricks
  2. Spend one day every 6 month there
  3. ???
  4. Be tax free
Your options: DIY or going through a regulated financial intermediary.
Cheers. @swisspb on telegram
submitted by Swissprivatebanker to Bitcoin [link] [comments]

Cryptocurrency Mining History : Journey to PoC

Cryptocurrency just like any other technological development has given birth to many side industries and trends like ICO, white paper writing, and mining etc… just the cryptocurrency itself rises, falls and changes to adapt real life conditions, so does its side industries and trends. Today we are going to be focusing on mining. How it has risen, fell and adapted through the journey of cryptocurrency till date.
Without going into details crypto mining is the process by which new blocks are validated and added to the blockchain. It first took to main stream in January 2009 when the mysterious Satoshi Nakamoto launched the bitcoin white paper within which he/she/they proposed the first mining consensus mechanism called proof of work (Pow).
The PoW consensus mechanism required that one should spend a certain amount of computational power to solve a cryptographic problem (nounce) in other to have the have the right to pack/verify the next block on the blockchain. In this mechanism, the more computational power one possesses the more rights they have over the packing of the next block. The quest for faster hardware has seen significant changes in the types of hard ware dominating the PoW mining community.
Back in 2009 when bitcoin first started a normal pc and its processing power worked just fine. In fact a pc with an i7 Intel processor could mine up to 50btc per day but back then it almost nothing since btc was only some few cents. When the difficulty of the network became significantly high, simple computer processing units could not match the competitiveness and so miners settled for something more powerful, the high end graphic processors (GPU). This is when the era of rigs began It was in 2010. People would combine GPUs together in mining rigs on a mother board usually in order of 6 per rig some miners operated farms containing many of these rigs. Of course with greater power came greater network difficulty and so the search for faster hard ware let to implementation of Field Programmable Gate Arrays (FPGA) in June 2012. A further search for faster, less consuming and cheaper hard ware let us to where we are today. In the year 2013, Application Specific Integrated Circuits (ASIC) miners were introduced. One ASIC miner processes 1500H/s which is 100 times processing power of CPU and GPU. But all this speed and efficiency achievements brought about another problem one which touches the core of cryptocurrency itself. The idea of decentralization was gradually fading away as wealthy and big companies are the once who could afford and build the miners therefore centralizing mining around the rich, there was a called for ASIC resistant consensus mechanism.
A movement for ASIC resistant PoW algorithms began the idea is to make ASIC mining impossible or at least make it such that using ASIC doesn’t give a miner any additional advantage as to using CPU . In 2013 the MONERO the famous privacy coin proposed CryptoNight an ASIC resistant PoW consensus at least that is how they intended it to be. But things have proven much more difficult in practice than they had anticipated as ASIC producers keep matching up to every barrier put in place the PoW designers at a rate faster than it takes to build these barriers. MONERO for example has to fork every now and then in other to keep the CryptoNight ASIC resistant a trick which is still not working as reported by their CEO “We [also] saw that this was very unsustainable. … It takes a lot to keep [hard forking] again and again for one. For two, it may decentralize mining but it centralizes in another area. It centralizes on the developers because now there’s a lot of trust in developers to keep hard forking.” Another PoW ASIC resistance algorithm is the RamdonX and there are many others but could quickly imagine that the barriers to ASIC mining in these ASIC resistance algorithm would eventually be broken by the ASIC miners and so a total shift from PoW mining to other consensus mechanisms which are ASIC resistance from core were proposed some of which are in use today.
Entered the Proof of Stake (PoS) consensus mechanism. PoS was first introduced in 2013 by the PeerCoin team. Here, a validator’s right to mine is proportionate to his/heit economic value in the network simple put the more amounts of coins you have the more mining rights you get. Apart from PeerCoin, NEO and LISK also use POS and soon to follow is EThereum. There are different variations to PoS including but not limited to delegated proof of stake DPoS, masternode proof of stake MPoS each of which seek to improve on something in the POS. This is a very good ASIC resistance consensus mechanism but it still doesn’t solves the centralization problem as the rich always have the power to more coins and have more mining rights plus it is also expensive to start. And then we have gotten many other proposals to combat this among which are Proof of Weight (PoW) and Proof of Capacity (PoC). We take more interest in PoC it is the latest and gives the best solution to all our mining challenges consensus as of now.
Proof of Capacity was first was described 2013 in the Proofs of Space paper by Dziembowski, Faust, Kolmogorov and Pietrzak and it is now being used in Burst. The main factor that separates all the mining mechanisms is the resource used. These resources which miners spend in other to have mining rights is a measure of ensuring that one has expense a none-trivial amount of effort in making a statement. The resource being spent in PoC is disk space. This is less expensive since many people already have some unused space lying around and space is a cheap resource in the field of tech. it has no discrimination over topography… it really solves lots of centralized problems present in all most other consensus. If the future is now then one could say the future of crypto mining is PoC.
submitted by seekchain to u/seekchain [link] [comments]

Bitcoin enthuthiast has a meltdown after meme accuses him of being a pedophile and of cheating others out of what would be their money. (apparently unironic)

How it actually happened:
This is Ann. Ann started her career at 16 when she blew the manager (a creepy pervert who forced her into it, she #MeToos to this day) at the local grocery store so she could immediately get a position as a cashier instead of having to start off in the storeroom stacking boxes "like some Chinese slave worker". Ann, who believed in "treating" herself for her hard work, did not save any of the money she earned, instead spending it on expensive clothing, fast food, movie tickets, smartphones, and nights out with "the girls" (as she never paid while on an actual date). Her parents took care of the bills anyway, so who cares? It's okay though, because Ann was able to get financial aid from the government to attend the university of her dreams and study sociology, because "I'm, like, just so interested in how society works and how white men oppress women and are so racist and stuff, you know?" It only put her $100K in debt too. "You can't put a price on the college experience," thought Ann. Ann did no research on what degrees were in high demand before deciding on her major and sadly, "due to the patriarchy undervaluing the so-called 'soft' sciences" Ann repeated (as her women's studies professor had told her), her sociology degree did not open up as many doors for her as she'd hoped. Luckily, however, one of Ann's old beta orbiters became the CEO of a new tech startup and, after finally hooking up with him a few times (her little secret from her then boyfriends Tyrone and Jamal), she was able to snag a position as their chief diversity counselor. "Good thing that fat black bitch who tried to steal MY job was too full of fried chicken and gravy for any man to want to fuck her," she tipsily joked about the only other applicant (always forgetting to squelch her offensive quips when drunk), eliciting howling guffaws of approval from the pack of thonged, dyed-hair hyenas that surrounded her at the local bar in celebration of her new job. "Bartender, get us another round of appletinis!" Ann boomed. Cheers abounded. Life was good, Ann's salary was high, and her mortgage for an $800K home in the Bay Area was approved. Unfortunately, it was eventually revealed that her company's "enterprise cloud blockchain solutions" were actually vaporware. It lost its VC funding and was forced to shut down. Poor Ann had to leave her dream home, accept a lower paid HR assistant position at a boring non-tech company ("They make plastic water filters or something. I don't even know."), and move into a mere 3 bedroom apartment. "We're told to save," wrote Ann on a piece of paper that she posed with in an image posted to her Instagram, "but Oreos and Netflix are the only comforts poor people like us have. Don't we deserve nice things too? I AM the 99%!" Ann's looks are already starting to fade due to ravages of a rough Haagen-Dazs by day/party slut by night lifestyle, and, though she'd never admit it to herself, she can tell that her "feminine charms" aren't as effective at creating opportunities for her as they used to be. Things have started to sag that never sagged before and even a Sephora warehouse couldn't get rid of the bags under her eyes. Strolling down the sidewalk, she takes a sip of her daily Starbucks triple pumpkin dessert cocoaccino latte (only $27 and 1500 calories, and don't even think about talking to her her in the morning until she's finished it). "I guess there's just no way to escape this male-dominated society where sexist techbros live in the lap of luxury while marginalized people like me subsist on crumbs," she thinks to herself as she steps over a homeless man. Meanwhile... This is Bob. Bob was bullied by the other kids at his school (like his first crush Ann) as a child for his slightly odd-looking face. This caused him to retreat into the more anonymous world of the Internet where nobody could know his appearance. The other kids mocked him for that too, and his parents didn't understand why he'd want to "waste" his time talking to people he "didn't even know", but he ignored them. It didn't entirely cure his loneliness, but it did expose him to ideas and opinions that he would not have otherwise explored. Sure, he went through an embarrassingly self-righteous atheist phase as a teenager, but ultimately he developed into a sharp free-thinker with nuanced opinions. Bob found out about Bitcoin in 2012 from a Linux forum he was browsing. Already a firm believer in privacy, cryptography, decentralization, and technological freedom in general, the idea of Bitcoin immediately excited him. After carefully considering the economic viability of the concept, he concluded that Bitcoin's deflationary issuance curve and the possible applications of an enforceably scarce digital asset made it a worthwhile and likely quite valuable investment. He thus resolved to accrue as many of them as possible in order to save for his future. He cut down on his favorite hobby of gaming, reserving his GPU cycles for Bitcoin mining and his Steam sale money for buying Bitcoins instead. His IT job didn't make much and his one bedroom apartment wasn't cheap but he always found a way to set some money aside to expand his growing cryptoasset portfolio. His enthusiasm for Bitcoin was endless, and he wanted to share the positive potential of it with the world too, so he wrote guides, created infographics, and made YouTube videos about how to buy, use, and mine Bitcoins. Due to his efforts, thousands of people were able to get in on the craze early like him. Parents created college funds for their children. Young adults his age secured their financial futures. Impoverished folks in oppressive shitholes learned how to transfer money via their smartphones to avoid their corrupt governments confiscating it. He even endured the eye-rolling and snickering of his family members at Christmas time to make sure that they were all gifted a bit too. "Gee... thanks." The 2013 crash crushed Bob. He considered recouping as much of his money as possible and exiting the Bitcoin world permanently, but ultimately decided against it on principle. He had taken a risk and was sticking to it. He still believed in Bitcoin. Bob's bet on Bitcoin has paid off. He is now a multimillionaire, at least on paper. Other than a few donations to various organizations, his Bitcoins have stayed in the original addresses they were first put into. After all, he is still prudently considering exactly how to spend and grow his newfound wealth, and since he's now the manager of his company's IT department, his salary more than supports his modest lifestyle by itself, so he's in no rush to "cash out". While trying to chat with Ann on a whim after running into her at a grocery store, Bob mentioned Bitcoin to her in 2012. It made her finally look up from her phone. "That's the dumbest idea I've ever heard of!" she shrieked. She would know too, she thought, since she's a college-educated woman, unlike Bob who had skipped college because "government subsidies have distorted the higher education market and lowered the value of a college degree" (as if using fancy words made him smart like her). Nevertheless, he persisted, offering to show her how it worked and even set up a wallet for her. Bob's Bitcoin evangelism could certainly be a bit aggressive at times, but he meant well. He would gladly send 10 or 20 dollars worth to anybody who wanted to get started. She responded that he was creeping her out and needed to buzz off before she called security. Of course she wasn't really going to waste such an effort on this harmless loser, but she just couldn't stand hearing his nasally little voice anymore. He probably just wanted to creepshot her yoga pants anyway. Briskly sauntering away, she giggled to herself: "How could a file on a computer be worth anything? I could just copy and paste as many 'BitCoins' as I want," she concluded, forgetting about the idea as soon as she had first heard of it. Plus, her company was already working "with blockchain", which its CEO had told her was the only important part of "BitCoin" anyway. "He has actual money too and not just fake Internet coins so he clearly knows more than Bob." Ann took slight notice of the 2013 bubble, but she was too busy moving into her new home then to pay much attention to it. When Bitcoin was hacked and the government shut it down (as Ann interpreted events), popping the bubble, she texted Bob: "Told ya so." There was no response. She figured he had probably already killed himself or something. Oh well! She had to get out of her sweatpants and ready for the club anyway so she didn't have time to worry about it. In fact, she didn't have a single thought about Bob again until... In 2017, Bob once again crosses Ann's mind. The network miraculously revived, one Bitcoin is now worth over 10 thousand dollars, and Bob is almost certainly loaded. She stares at her phone, thinking of how to best break the ice with him. "Hey Bob I just wanted to say that I'm sorry for some of the things I said to you in the past and how I treated you when we were kids and all. I know this is out of nowhere but I'm just kind of feeling guilty lately soo.... maybe we could meet up sometime and talk about it?? You could tell me more about those bitcoin thingies you we're so excited about back in the day haha" Again no response comes and she whips her iPhone X on to the bed in frustration. Retrieving it, she switches over to Safari to look Bob up on social media, only to find that he's dating a shy 18 year old Finnish girl he met online. "That pervert!" she gasps as she glances over the girl's milky skin and youthful face. "She is WAY too young for him! He should want an ACCOMPLISHED, MATURE woman like me, not some little girl! I bet the freak looks at child porn too!" Her fingers drip with venom as she texts one of her remaining beta orbiters. "Hey," she begins, "you know how to draw funny cartoons right" She hits send.
submitted by ImJustaBagofHammers to copypasta [link] [comments]


Reading time: 6 min.
  1. Choose your electronic motto.
  7. 2. The hands in the engine the billboard.
  11. 3. Extension of the field of struggle.
  19. And then, after all, you never know.
  20. Amaelle Guiton.

Peter Surda's 2012 Master's Thesis on Bitcoin uses Libertarian / Austrian economic-reasoning to show why bitcoin is valuable and how its price evolves

Peter Surda published his master's thesis in 2012, entitled: "Economics of Bitcoin: is Bitcoin an alternative to fiat currencies and gold?"
At the time I had been participating in discussions about economics on the old discussion forums (before they got replaced) in mid 2012.
In my opinion, this was the best place that one could find scholarly and advanced economics-based discussion of the viability of bitcoin, although we also discussed your other standard libertarian and ancap topics, but this was the best place on the internet for Austrian-econ to discuss bitcoin.
I myself had heard about bitcoin when it bubbled to $32 the year before in 2011, and had actually CPU mined it for like one day back then before realizing it wasn't very effective and stopped mining without looking deeper into it (had I got into GPU mining then I coulda been rich!).
I became busy with other aspects of life at that and didn't return to bitcoin for a year, not until these forums.
In these forums the question was posed on whether bitcoin could be a good currency.
What followed was an epic discussion and analysis of both what money actually is and whether bitcoin qualified as money, and whether bitcoin could be a GOOD money therefore, over the course of the next six months.
There developed three camps during this discussion, those who thought bitcoin COULD be a good money, those who thought it definitely could not be money or would be a terrible one, and those who were dispassionate observers or just weren't very sure.
I was fairly neutral on the topic at first, but I had long been interested in the theory of money as a reader in economics. I quickly found myself arguing that bitcoin could serve as a money and would actually be a great money, perhaps the best we've ever found.
Several of us were in this pro-bitcoin camp, including Peter Surda, and it wasn't until much later that he published his thesis here and we realized who he was.
I can honestly say that, due to that period of arguing about bitcoin for literally months, that we in that forum turned over bitcoin from absolutely every angle, and considered everything there is to think about in terms of bitcoin and money, and that I therefore have a very strong foundation on which to say that I have strong confidence that cryptocurrency CAN be an absolutely fantastic money for the world.
And it has formed the foundation of my faith and advocacy in cryptocurrency ever since.
It is also why I chose BCH over BTC now, because only a permissionless, decentralized currency has a chance of being the financial revolution the world needs.
Surda's thesis focuses on a couple aspects and economic arguments. That the value and utility of a network is due to the network effect created by it.
That is, all the participants and uses that it has will tend to create value in the coin itself, to raise its price over time.
BTC, thereby is destroying its value through giving away all those use-cases to BCH.
We should happily accept that BTC wants to ignore those use-cases and users and simply build a cryptocurrency capable of serving those needs.
It's worth a read:
His conclusion:
This thesis is about the analysis of Bitcoin as money, whether it poses a serious alternative to fiat currencies or gold. In the theoretical part, I tie together academic research and views from within the Bitcoin community, based on a libertarian point of view. The results are that Bitcoin conforms to the Austrian theory of the catallactic origin of money. It already crossed the obstacles that are the praxeological preconditions for the function of a medium of exchange (the emergence of price, and the emergence of liquidity), as described in the Mises' regression theorem. It is at a very early stage of evolution, users and service providers facing a high level of uncertainty, however, the ecosystem already shows a high level of specialisation, and the services are maturing.
Bitcoin can, hypothetically, eventually evolve into money through the behaviour of market actors. It can also, hypothetically, gain the functions of store of value and unit of account (assuming it does not have them already). Currently, there are areas where Bitcoin has a comparative advantage over other media of exchange, mainly through the reduction of transaction costs in the narrower sense. The existence of this comparative advantage probably means that the critical mass for the network effect has been reached and at this level, the Bitcoin ecosystem is self-sustaining.
If this comparative advantage persists, network effect can increase the adoption of Bitcoin, and thus make the evolution into money more likely. Whether, or to what extent, this comparative advantage persist, depends on the strength and flexibility of the Bitcoin ecosystem, the level of regulation, the emergence of new competitors (e.g. new cryptocurrencies) and the stability of the fiat money.
If Bitcoin becomes money, it would most likely present a system with an inelastic supply and thus conform to the ideal money as viewed by the gold standard branch of the Austrian School. This would be achieved without a legislative reform and irrespective of the existence of fractional reserve banking. In this respect, it is superiour both to fiat money and gold.
Notice this key passage:
This means that bitcoin (was) cheaper to transact with than any other form of financial instrument. Was until Blockstream got complete control over it.
If you want to know why the banks and governments took bitcoin seriously and somehow got Core / Blockstream to destroy the low transaction-cost aspects of BTC, it is precisely this.
A low transaction-cost currency would utterly destroy the credit card and transaction processing business, an industry that reaped $42.4 billion in interchange transaction fees in 2016, for instance. (Wouldn't destroy their loan business, just their transaction fees business). And that's ignoring the fees they charge just for the privilege of using their credit cards, worth as much as $100 billion a year.
These companies are charging as much as 3% effectively on all purchases, both as transaction costs and in insurance fees for chargebacks. It would destroy that gravy train completely, because merchants face zero chargeback risk when paid in cryptocurrency.
Surda concludes that the low transaction-cost comparative advantage of bitcoin is the sole reason why it's self-sustaining. This makes sense, if you have a trade vehicle that isn't significantly better in some way than what you're currently using, you don't bother using it.
While Blockstream is busy trying to become Paypal 2.0, we need to focus on the only thing that matters: lower transaction costs and all the ways we can return VALUE to actual users because of this.
Yes we need merchants, but merchants need buyers. We need the entire 3rd world using BCH-bitcoin. If we can get an M-Pesa sized foot in the door somewhere, we would be doing amazing work for that population.
If you believe that bitcoin is a revolution and BCH is the leading crypto in that revolution, then this document helps explain why, and it's worth your time.
submitted by Anenome5 to btc [link] [comments]

Crypocurrency: A secret venture by a well known GPU manufacturer

It's no surprise/secret that Nvidia werent in there best shape, both (along with the industry in general) were in a steep decline throughout 2007-2008 with 4Q 2008 being the lowest point. Months before Bitcoin was unleashed on the world.
They were victems of the recession, yes. They've recovered, yes. But they haven't just "recovered." Nobody could have predicted their massive (yes, massive!) rise on the wave of crypto currency. Given the growing threat to their industry which should have made their recovery slower than the rest of the market:
Semiconductor density predictions around 2008-2010 correctly predicted that Moore's law (twice the computing power every two years) would finally start to break down around 2012 to 2013. That two year double speed cycle was a huge facet of the GPU economy and we're already seeing diminishing returns.
You will not see improvements to computing speed, cost improvements, etc. to GPU technology at the rate we saw in the decades before the 2010s. NVidia would have known about this throughout 2008. Here is what they faced:
  1. GPUs aren't getting smaller as fast as they used to. Consumers would need to purchase larger cards and network multiple cards for faster speeds.
  2. GPU manufacture cost to computing power ratio isn't improving as fast as it used to. Consumers would soon need to pay more than they used to in order to make a meaningful upgrade.
  3. Single consumers (the gamers and artists, essentually) were never going to drive a demand for large costly racks of graphics cards that don't fit in a typical tower. They would instead just start to spread out their upgrade cycles from 1 or 2 years to 2.5 years or more.
  4. The demand for GPU supercomputers for serious simulation work in academia and maybe engineering is a relatively niche market. It would suffer the same fate with decreases in refresh rate as the return on investment for buyers steadily decreases each year.
The solution to all of this would have to be magic. Both a consumer market AND corperate partnerships that are both willing to A: build networks/appliances of expensive cards rather than making single purchases and B: compete against each other to purchase the very latest product releases at a premium cost despite only nominal increases in speed advantages.
A and B are both solved if your consumers believe that they can get a return on their investment, but only if they have more computing power than the next guy, which is exactly how cryptocurrency mining works.
Another way to think about this is:
NVIdia is a sophisticated company when it comes to their contributions to acedemia/ mathematics. Dont expect to attend a technology conference like SIGGRAPH without hearing a problem that NVidia has solved with a new algorithm. They are home to skilled mathematicians, many of whom have developed a name for themselves in the world of academia for their contributions.
Who better than a group of the world's best algorithm engineers to solve crypto currency's double transaction problem?
One hole remains in this theory: Why stay anonymous?
Cryptocurrency is essentially built on the concept of anonymity. They would have had nothing to gain from taking credit, and everything to lose from declaring Bitcoin as a (potentially trackable) property of just another large coorperation willing to bend to government and law enforcement pressure.
People would never have bit the bait the way they did with the enigma that is Satoshi Nokomoto and the ideals they supposedly represent. Best to stay in the shadows and hide their motives, which are nothing more deep, mysterious, or morally driven than any other large coorperation craving profits.
On top of that, Nvidia would be well aware of the black market implications of cryptocurrency. They probably would have had to go in front of the US Congress and answer to what extent they knew Bitcoin would be used for worldwide black market trading and whether they factored that into their business projections.
Finally, cryto mining hurts gamers and engineers and academia who use GPUs for research simulations. This is all of NVidia's remaining customer base besides crypto. By unleashing cryptocurrency, they've spit in the face of their entire customer base. So by keeping it all on the down low, NVidia can play coy and prevent themselves from losing customer loyalty.
To the gamer, University, or coorperation partner who isn't interested in Crypto, NVidia is just a victim of the trend like anybody.
That's right, they're making more money than they ever did, for GPU improvements that are less significant than they ever were, and gamers see them as unwilling victims.
To accomplish this, they have released press statements asking for cryptocurrency miners to refrain from purchasing their new cards, so that others have a chance to get them at an affordable rate. A company asking you to please stop purchasing their product... That's not real. That's marketing, and it's just a means to improve the odds of the previous customer base staying loyal and purchasing new cards despite the price increase.
So there you have it. Choc full of typos probably, but still. What do you think?
submitted by in15seconds to conspiracytheories [link] [comments]

AMD's Growing CPU Advantage Over Intel
AMD's foundry problems were turned into an advantage over Intel.
submitted by kchia124 to AMD_Stock [link] [comments]

Groestlcoin Release September 2018



What's been Happening?

GRSPay Released

We are so excited for this, that it has it's own separate reddit thread. Head over there now at to see more on this!

Melis Wallet


How Melis Works?

Core Features:

Guarda Wallet

Safer than ever! Desktop Light Wallet - Anonymous and fast!
More info about Guarda wallet on

Integrated into HolyTransaction

What is HolyTransaction?



For more information, visit Holy Transaction here.

Integrated into NEXT Wallet

What is NEXT?



For more information, visit NextWallet here.

Integrated into Blockchain Financial

What is Blockchain Financial?


Blockchain Financials mission


More information from Blockchain Financial

A couple of months after was closed, the source code was released by its creator as Open Source on GitHub. But it wasn't maintained.
More info about Blockchain Financial wallet on .
For more information, visit [Blockchain Financial](

Groestlcoin Listed on Huobi

Who are Huobi?

You can find the official Huobi announcement here.

Groestlcoin Core v2.16.3 - Please Update ASAP


What's new in version v2.16.3?


The Technicals

Groestlcoin would like to publicly thank Reddit user u/Awemany for finding CVE-2018-17144 and reporting it ( You deserve gratitude and appreciation from cryptoworld, and you have ours. If you want to support him for his work, please consider donating to him on his bitcoin cash address: bitcoincash:qr5yuq3q40u7mxwqz6xvamkfj8tg45wyus7fhqzug5

Groestlcoin Electrum-GRS 3.2.2 - Ledger & Trezor Edition

What is Electrum-GRS?


Electrum-GRS Mobile Android

What is Electrum-GRS Mobile?



Groestlcoin EasyVanity Released




Groestlcoin Sentinel (Android & Blackberry) – Mainnet + Testnet

What is Sentinel?


What's New?


Groestlcoin Web Wallet Update 1.4

What is Groestlcoin Web Wallet?
submitted by Yokomoko_Saleen to groestlcoin [link] [comments]

Nvidia RTX Graphics Cards Good for Mining? Nvidia RTX 2070 ... Should YOU be GPU MINING Cryptocurrency in 2020?! - YouTube How to Mine MicroBitcoin on Windows Best Bang For Buck GPU Mining Rig Build Guide 2019 - Mine ... Best Algorithm For NiceHash Bitcoin Mining - YouTube

BitCoin mining is profitable if you live in a country where electricity is cheap, such as China, or you have Solar Panels that generates free electricity. Even if you have access to cheap or free electricity, you will need a dedicated BitCoin mining hardware. A home computer powered by 3 SLi Nvidia GPU such as 1080 may do the trick. This software started with the mining process in 2012 for Bitcoin and other cryptocurrencies. Today, they have many services related to cryptocurrencies and cloud mining software is among them. Hashing24 operates from two locations that is, from Iceland and Georgia, and they are known to use latest ASIC chips produced by BitFury. 3. Best Bitcoin mining software CGminer. Pros: Supports GPU/FPGA/ASIC mining, Popular (frequently updated). Cons: Textual interface. Platforms: Windows, Mac, Linux Going strong for many years, CGminer is still one of the most popular GPU/FPGA/ASIC mining software available. CGminer is a command line application written in C. It’s also cross platform, meaning you can use it with Windows ... Despite the days of Bitcoin mining 50 BTC on a laptop being long gone many miners still seek out CPU mining. Most of this is due to its availability and claims as one of the most cost-efficient types of crypto mining hardware to obtain. Best mining rigs and mining PCs for Bitcoin, Ethereum and more. ... The base model comes with AMD RX 570/580, but your can configure it to have a NVIDIA GTX 1070 GPU or 1070 Ti GPU, which could ...

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The Nvidia GeForce 1660 Super is the BEST budget GPU for mining, but why? Let's review the 1660 super mining hashrates and benchmarks on the most profitable ... Now a days bitcoin is more popular cryptocurrency. Everyone wants to mine bitcoin. NiceHash is the world’s largest crypto-mining marketplace. Sellers are pro... ️ Download for free from Best Bitcoin Mining Software: Best BTC Miners in 2020 Welcome to Bitcoin Miner Machine. #Bitco... GPU Mining is Alive ! 8-15-2018 - Duration: 1:09:12. brandon coin 2,012 views. 1:09:12. ... Noob's Guide To Bitcoin Mining - Super Easy & Simple - Duration: ... GPU mining is more profitable than ever this year, if you want to create your own GPU mining rig using the best bang for buck parts then this GPU mining rig ...