Terracoin (TRC) is a person to person digital currency. It shares many similarities to Bitcoin in that it utilizes the SHA 256 algorithm and relies on the concepts outlined in Satoshi's white paper. Terracoin originated in late 2012 after a series of difficulties arose in other digital currencies. There will only be 42 million Terracoin produced. To learn about using and/or mining Terracoin visit the bitcointalk forum or the Terracoin website, Terracoin.io.
I started an account with cex for bitcoin mining. Have I made the right choice?
So far they seem legit, and not a scam. I need to make a living and mining seems to be a stable source of income even though I havent started. Do you think I have made the right choice in using cex, or is there another that is better for starting out with. I dont have alot of money now, and I am not sure of individuals experiences with cex as to say if its worth it or not, but I need something simple and straight forward to use because I am new to this. Can anyone make recommendation? You can contact me privately.
I HATE CEX.IO a.k.a GHASH.IO they want me to give up my privacy! Should I DO IT FOR My left over Bitcoin AND currently mining cloud power?
First let me say this I'm all about privacy and remaining anonymous on the Internet. Not because I'm a criminal or terrorist, but because I enjoy privacy and the ability of Bitcoin of allowing me some anonmity. Anyways So I purchased a new phone to replace my P.O.S HTC phone. I was going to get an IPHONE but I read most of the posts about IPhone and Bitcoin so I decided to stick to Bitcoin. Anyways I install Google Authenicator on my new phone. Then wam I can't log into my CEX.IO account with my Google Authenicator anymore. So I contact support and let them know what occurred. They want me to verify some information that only I would know and PROVIDE A PICTURE OF MYSELF holding a government ID. Never mind all the screenshots of my bitcoin wallet proving my deposit address and transaction in bitcoin-qt wallet. Nevermind me giving them speicific information only I as the account holder would know. These dicks want me to give a picture of me holding a government ID. I could give them a random picture of anyone and they wouldn't know. So here' s my dilemma, do I not provide a picture and allow:
my 2 GH/s of cloud mining go to waste forever
my small BTC balance of at least .05 BTC go down the drain.
Or give them a picture of myself holding my government ID allowing them and whomever they share this information with to:
identify my Bitcoin transactions and Bitcoin adress with a photo ID
identify my IP address with a picture and government photo
identify my anonymous email adress with a picture and government ID
Not to mention they are not a U.S. Company. WHAT WOULD YOU GUYS DO?
I never mined the Bitcoin or other alt. I'm investing into Petamine just to fight against CEX/GHash.IO
Worst case I'll lose a few money or make nothing. Best case I'll make a few bucks. But on the both cases I'm supporting the network against mining centralization. For the first time I feel doing something great for the Bitcoin eco-system. edit: supporting the fact they are considering going for p2p pool. I want them do it. Else I'll leave them.
350GH/s Redeemable voucher for CEX.io cloud hashing. is for sale on cryptothrift.com for Bitcoin and Litecoin https://cryptothrift.com/auctions/crypto-mining-hosting/350ghs-redeemable-voucher-for-cex-io-cloud-hashing/
First of all, there are no fees for the mining rewards that are paid out on this pool. Secondly, the fact that this pool grants easy access to anyone interested in Bitcoin mining through the commodities markets on CEX.IO means that newcomers to the world of mining are likely to use the easy to understand cloud mining methods provided by Ghash.IO. CEX.IO is a Bitcoin exchange and cloud mining provider possessing Ghash.io pool, established in London, 2013. As an online digital currency exchanger, CEX.IO offers trading Bitcoins for fiat money, such as USD, EUR and RUB. The exchange charges 0.2% commission on each trade operation. Established in London in 2013, the leading cryptocurrency exchange offers Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Zcash, Dash and other trading options, provides 24/7 customer support, high level of security, and stable deposits and withdrawals. Bitcoin halving is an event where the number of generated Bitcoin rewards per block decreases by 50%, or halves. The next bitcoin halving is expected in May 2020. At that time, the amount of BTC mined per block will decrease from 12.5 to 6.25. What are the possible effects of a Bitcoin halving? For a trader, halving can bring BTC price changes. FPGA Bitcoin Mining: General Background. FPGA mining is a superior option when compared to GPU or CPU mining, but it does not hold a candle to the power of the ASIC miner. While these were considered the best and fastest mining devices at one point in time, the reality is that the days of powerful Bitcoin FPGA miners are far behind us all.
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