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Masari: Simple Private Money
Masari (MSR) is a scalability-focused, untraceable, secure, and fungible cryptocurrency using the RingCT protocol. Masari is the first CryptoNote coin to develop uncle mining and a fully client side web wallet.
At what price will the downward pressure miners place on the market cause the price to equilibrate or move downwards? At $7000 that is $12.6 Million USD per day being minted. This means that (assuming supply + demand are otherwise equal) Nearly $13million USD needs to be invested every day just to keep the price at $7000. Seems like a lot right? Let's extrapolate out until the next halving in approximately 3 years; ~1000 days. Over the next 1000 days only $13Billion of new investment dollars can enter Bitcoin without the price rising. At that point the reward again halves to 900 coins per day for the following 1500 days; allowing an additional ~$10Billion to be invested without causing the price to rise. At a price of $7000; over the next 7 years (~2500 days) a total of $23Billion can be invested without causing the price to rise (again; assuming supply and demand is otherwise equal). Bitcoins marketcap is ~$120Billion If you are curious whether it is possible for Bitcoin to support higher prices in the short term; it comes down to how much money you believe is trying to enter Bitcoin; and over what time period.
At current (untill the next halvening) there are approx. 1800 coins mined per day, which at this price level requires daily inflow of $13.68 millions of fresh FIAT into market so miners can profit from their energy burning and keep their ROI stable. What happens if daily inflow of fresh FIAT slows down significantly or for some reason stops?
Is anyone aware how much Bitcoin is currently being mined per day? I know I am not aware of each individual miner's motivation/situation, (need to sell instantly to support the mining operation, or holding to sell at higher price later) but I think it would be a good piece of info nonetheless.
Sorry I just don't understand the whole hash performance thing...so give it to me in simple English ...how many bitcoins can I expect to mine per day with it?
09-27 23:55 - 'Bitcoin mining tool, Get yours now. I make up to $800 using this software per day and I have used it for 3 days now summing up to $2400. Inbox me if interested.' (youtu.be) by /u/lewisking26 removed from /r/Bitcoin within 0-9min
TradeBlock estimates the average cost to mine a single bitcoin (BTC) could jump to $12,525 after the halving, expected 144 blocks per day are mined on average, and there are 6.25 bitcoins per block. 144 x 6.25 is 900, so that's the average amount of new bitcoins mined per day.
This Utility Heats New York State—And Mines Its Own Bitcoin - New York power plant sets up its own Bitcoin mining operation, with ~7K crypto miners, using “behind-the-meter” electricity to generate ~5.5 Bitcoins per day
This Utility Heats New York State—And Mines Its Own Bitcoin - New York power plant sets up its own Bitcoin mining operation, with ~7K crypto miners, using “behind-the-meter” electricity to generate ~5.5 Bitcoins per day
11-20 17:53 - 'Cloud mining with fixed Btc reward per day. What do you think about that?' (self.Bitcoin) by /u/Horst111 removed from /r/Bitcoin within 97-107min
''' Hello guys, I've reviewed the major cloud mining companies and their profitability today. Let's take the expample of Genesis Mining: 40Th/S 24 months contract - $1,722 (plus meintenance fee of $0.06/TH/day, so you will actually be paying $1722+($0.06 x 40TH x 730 days) = $3,474 for a 40TH/S contract for 2 years. According to Cryptocompare, with the CURRENT mining difficulty(not taking in consideration that the mining difficulty will skyrocket in the next 2 years) you would be making 0.5772 BTC. Bottom line you would be paying $3,474 for 0.5772 BTC. But, realistically speaking you will most probably mine somewhere around 0.15 BTC, the most happier scenario 0.2 in the 2 years. I was thinking, would a guaranteed peday cloud mining contract be attractive for the people already buying regular mining contracts? A mining contract saying: 0.001 per day mining contract - 30 days period for $600. Guaranteed returns of 0.03 BTC. Per GENESIS EXAMPLE: 2 year contract: 0.0003125/day guaranteed for $3474 which will get you 0.2281 BTC. Which one would you prefer? Genesis, or a new company with daily guaranteed and fixed mined amount. What do you think? I would really appreciate your honest and detached feedback. I know most of you would never buy a mining contract, here, I'm referring to people new in this business that will buy mining contracts anyway. Offcourse just buying Bitcoin is much better than mining it in any way. ''' Cloud mining with fixed Btc reward per day. What do you think about that? Go1dfish undelete link unreddit undelete link Author: Horst111
Total Customer: 110398 Total Mining : 21.1841 BTC Last Proof of Payment Bitcoin. You can review Bitcoin payments. Regular payments are made.Bitcoin mining began to grow day by day, from all over the world People doing cloud gpu mining and in this way they provide very good incomes. The best bitcoin cloud mining and passive income site We make industrial bitcoin mining accessible for everyone. Freemining.co is everything you need for bitcoin cloud mining today. ... 0.0005 BTC per day. 15 Free spins. Standard. 0.05. BTC. Buy Now. 365 days Contract. 3.5 % / day. 0.00175 BTC per day. 35 Free spins. Enterprise. 0.15. BTC. Buy ... Welcome to leading Bitcoin mining pool! Our members already received 1941.5970722 Bitcoins since launch 1474 days ago. Start Mining We aim to provide you with the easiest possible way to make money without having to do any of the hard stuff. ... 0.10 per day. Affiliate bonus 100% 144 blocks per day are mined on average, and there are 6.25 bitcoins per block. 144 x 6.25 is 900, so that's the average amount of new bitcoins mined per day. Mining is the method through which Bitcoin is secured Based the mining hardware inputs provided, 0.00072906 Bitcoin can be mined per day with a Bitcoin mining hashrate of 112.00 TH/s, a block reward of 6.25 BTC, and a Bitcoin difficulty of 19,314,656,404,097.00. After deducting mining power costs and mining fees, the final daily Bitcoin mining profit is ($0.48) Bitcoin to USD.
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