Is crypto mining worth it


Fork All The Coins? Ethereum Classic Callisto Fork, Bitcoin Private, More!

Hello everybody te the crypto biosphere! Today wij’re going to be talking about sporks and forks, and everything ter inbetween. Let’s talk about:

  • Ethereum Classic potentially setting itself up to divest a large amount of mining power presently being utilized by Ethereum.
  • The upcoming Ethereum Classic airdrop.
  • The upcoming Bitcoin Private hardfork.


-Ethereum Classic to divest large amounts of hashing power from Ethereum miners.

-Grim and Mimble Whimble protocol

-Finally, a quick thing I like

So the CLO airdrop is coming up. Te the movie I discuss where the CLO project came from, what the purpose of the Callisto token is, and how I’m playing the upcoming airdrop ter light of the latest pump of ETC, spil all airforks. I don’t like the idea of pursuing airdrops or hard forks unless I indeed like the project coming out.

The poor HODLers of NXT got succesnummer twice


However, it’s always nice to receive crypto dividends. I’ve bot a HODLer of ETC, and my long-term goals stir well past the current coinsplit situation. However, if you toevluchthaven’t held ETC, and you’re looking to get ter the trade to profit, I give a cautionary tale of how I got burnt hodling NXT purely to love the IGNIS airdrop. IGNIS hasen’t yielded the profits that I’ve desired yet, and the price of NXT plummeted sharply before the airdrop. This is because traders railed the pump up knowing that people would buy it up ter anticipation of the free cryptos they would receive, and then sold their shares at a nice profit point. The poor HODLers of NXT got klapper twice, once by the very first dumpers who dumped it before the airdrop, and then ter again ter the mad scramble instantaneously following the airdrop of people unloading their NXT to get out of a failing trade. Rough stuff.

Now I don’t think ETC will druppel spil significantly or spil long spil NXT did, albeit that option is always a possibility. Listening to @MoneyTrigz on @bitcoinmeister the other day added another dimension to the scuttlebutt that’s bot kicked around about mining power switching to ETC when Ethereum makes the transition to Proof of Stake. Ter the movie I showcase some surface sources that point to Jihan Wu (technicus of the mining behemoth Bitmain) looking into Ethereum Classic spil an alternative for ETH mining, Jeff Garzik’s fresh ICO launching with ETC very first instead of ETH, and Bitmain’s news that it will be releasing ASIC F3 miners compatible with ETH te the 2nd quarter of 2018. All of this interesting information leads us to a serious consideration of where the mining power would budge from ETH if PoS wasgoed introduced, and ETC spil a potential competitor and concurrantly, a earnestly undervalued coin.

Bitcoin Private is coming soon! Ter here I go overheen the team shortly, what I like about the project, and how I’m playing the Z Classic splitting. Update: Presently there is a poll to get Bittrex to support the BTCP airdrop.

Heard of Mimble Whimble? Well it’s one of the most fascinating innovations of blockchain privacy. Utilizing a cryptographic function predicated on Elliptic Curve Cryptography (ECC), it’s possible to have an accurate blockchain with verification of value transfer, without the public ledger displaying values transferred. It’s also possible to not have to store the entire blockchain to verify transactions. Yeah, it’s pretty sweet.

Eventually, it’s good to read books people. I know that a loterijlot of fascinating current events, information, and gripping stories occur on the online world and the world of social media, but good old paper and glue publications tend to be more focused, deeper, and more engaging then a blog postbode a hundreth the size. Niell Ferguson’s fresh book, The Square and the Tower is a fascinating look at social networks and how they affect the human condition. My big take away wasgoed that the larger a social network becomes, the more participants ter the network itself, the more polarized the individuals participating ter that network become.

It’s risky out there right now for an alt-trader. Bitcoin looks beautiful. Stay safe traders. Keep hodling hodlers.

Sources linked to ter the movie and used ter this movie:

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Related movie: How to Read the Bitcoin Charts | Ultimate Guide to Bitcoins Trading 2014

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