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Homepage Slushpool.com

Homepage Slushpool.com

Submit your own idea about how the pool should change and let everybody to vote Our pool stays politically neutral. As such, our voting system is giving a voice to every single miner. Simply direct your Hash Rate towards your favourite protocol proposal . Our servers are distributed around the world. The intelligent load balancing and fail-over system ensures you are up and running 99.9% of the time. The entire infrastructure runs on highly secured servers. Your wallet address can be secured with two-factor-authentication (2FA). Our support team is here for you 24/7. We are working hard to give you a helpful answer in any situation. Continue reading >>

Crypto-currency Miner Eyes Digital Windfall

Crypto-currency Miner Eyes Digital Windfall

Crypto-currency miner eyes digital windfall Hamilton computer technician, Lovinder Singh, has recently started mining and trading crypto-currencies after seeing Bitcoin jump in value. A rapidly inflating crypto-currency market is drawing in a new wave of young punters. Interest in Bitcoin, the most popular crypto-currency, has spiked asthe online coin's value crossed the US$11,000mark at the end of November. Critics have labelled the growth a speculative bubble, and the Financial Markets Authority is now looking to educate the number of men entering risky online investments . Hamilton computer technician Lovinder Singh "mines" crypto-currency with dedicated machines, maintaining the decentralised blockchain technology by swapping electricity consumption and computer power for the digital coins. Computer technician Lovinder Singh, 30, last month invested US$3700in Bitcoin and other crypto-currenciesand has made about60 per cent profit since. It's a risky investment, but the Hamilton manis convinced Bitcoin will double to $20,000 a coin in the next two years. Virtual currency Bitcoin has risen in value in recent months (file photo). "I wouldn't say it's a ponzi scheme, you're actually holding something." What Singh is holding, however, is difficult to grasp. Crypto-currencies are built on blockchain technology, a distributed digital ledger - or record of transactions - considered more secure and fraud-proof than current databases. Bitcoin, for instance, exists among the computers of users who trade it online and maintain the ledger of transactions. Singh decided to buy Bitcoin after a perceived missed opportunity. He was offered Bitcoins in 2011, when the price sat around $1 per coin. Today he would be a millionaire, he said. He is hoping to recapture the opportunity by Continue reading >>

Bitcoin Miners Face Fight For Survival

Bitcoin Miners Face Fight For Survival

You are not permitted to download, save or email this image. Visit image gallery to purchase the image. Bitcoin mining computers are pictured in Bitmain's mining farm near Keflavik. Photo by Reuters Marco Streng is a miner, though he does not carry a pick around his base in south-western Iceland. Instead, he keeps tens of thousands of computers running 24 hours a day in fierce competition with others across the globe to earn bitcoins. In the world of the web-based digital currency, it is not central banks that add new money to the system, but rather computers like Streng's which are awarded fresh bitcoins in return for processing blocks of the latest bitcoin transactions. Bitcoin can be used to send money instantly around the world, using individual bitcoin addresses, free of charge with no need for third party checks, and is accepted by several major online retailers. The work Streng's computers and others do serves two purposes: they record and verify the roughly 225,000 daily bitcoin transactions and - because they earn new bitcoins for the work they do - steadily increase the currency in circulation, currently worth around $US10 billion. The process has come to be known as "mining" because it is slow and intensive, reaping a gradual reward in the same way that minerals such as gold are mined from the ground. But the reward for miners is about to be cut in half. Written into bitcoin's code when it was invented in 2008 was a rule dictating that the prize would be halved every four years, in a step designed to keep a lid on bitcoin inflation. From around 5pm Saturday (GMT), instead of 25 bitcoins up for grabs globally every 10 minutes, worth around $16,000 at the current rate, there will be just 12.5. That means only the mining companies with the leanest operations wi Continue reading >>

Bitcoin Woes Continue As Town Bans Crypto Mining

Bitcoin Woes Continue As Town Bans Crypto Mining

Bitcoin woes continue as town bans crypto mining A small lakeside town in upstate New York is fed up with Bitcoin miners using up so much of its low-cost electricity. Plattsburgh, whose residents are a quick jaunt from the Canadian border, has put an 18-month moratorium on cryptocurrency mining to preserve natural resources, the health of its residents, and the "character and direction" of the city. "It is the purpose of this Local Law to facilitate the adoption of land use and zoning and/or municipal lighting department regulations to protect and enhance the City's natural, historic, cultural and electrical resources," Plattsburgh said after holding a public hearing on the matter Thursday. For a year and a half, the almost 20,000-resident city will not consider new applications for commercial cryptocurrency mining. And if you break the rules, you'll owe Plattsburgh up to $1,000 for each day you violate the moratorium. Mining, a process by which individuals or groups get paid in new bitcoins to run complex mathematical equations on high-powered computers in order to confirm the validity of transactions, has drawn scrutiny from environmentalists who say it's sucking up too much electricity. Some have estimated that bitcoin miners will use more power than electric cars in the near term. Plattsburgh gets cheap power from the St. Lawrence River, driving down electricity costs for residents, but it exceeded its allotted amount of hydropower in December and January, according to a local newspaper. Some complained that their bills surged as much as $300. The city council said it needs time to consider zoning laws and lighting regulations "before commercial cryptocurrency mining operations results in irreversible change to the character and direction of the city." Continue reading >>

Bitcoin At A Glance - Nz Law Society

Bitcoin At A Glance - Nz Law Society

Most of us have heard of Bitcoin and know that its some kind of digital currency, but for many of us thats as far as our knowledge of it goes. The Law Foundations ILAPP project is examining the regulation of digital currencies such as Bitcoin (see issues 898 and 903 of LawTalk), but actually what is Bitcoin and how is it used? Bitcoin is a cryptocurrency and payment mechanism that is fully decentralised, meaning no central authority manages or administers it. The blockchain technology behind it is really interesting and has potential applications in a variety of areas, including traditional banking and finance. Bitcoin transactions are performed electronically, without the need for banks (central or otherwise) or credit card companies. Bitcoin transactions can be anonymous and untraceable, which makes it very popular with criminals. Its very unpopular with financial institutions, who cant charge you for accessing your own money. Bitcoin fees are very low (sometimes zero) and transactions are extremely secure, which is making Bitcoin increasingly popular with retailers and consumers alike. If you sell in Bitcoin then you can be 100% certain that your bank isnt going to claw back payments if the purchase was made using a stolen card, which is what happens to online retailers who accept cardholder not present credit card payments. I find the whole concept extremely interesting, not just because of the technology behind it, but mainly because a Bitcoin holds any value. Its not a flat currency and there is no central bank behind it. It only has value because buyers and sellers agree that it does. You can buy a car or even a house in some countries, at least with nothing more than a few ones and zeros. Amazing. Or lunacy? I cant decide. Some smaller US law firms accept it as Continue reading >>

Theblockchain.nz Conference, New Zealand

Theblockchain.nz Conference, New Zealand

We're planning an amazing 3 days of presentations, panel discussions, workshops and networking events It will be taking place at the ANZ Viaduct Event Centre in the heart of Auckland in New Zealand (one of the most beautiful countries in the world) We are working hard to bring the very best speakers to present, run workshops and meet as many of you as possible. We will be using creative techniques to ensure that the speakers, business entrepreneurs andtechnologists meet and build personal connections. LOREM IPSUM DOLOR SIT AMET, CONSECTETUR ADIPISCING ELIT. NULLAM SEMPER TELLUS SIT AMET NIBH FRINGILLA. The Blockchain.NZ is the third blockchain conference to run in New Zealand, after a sold-out, multi-city flagship event in May 2016 (Ethereum.NZ) and the Southern Hemispheres first bitcoin conference (Bitcoin South) in November 2014. LOREM IPSUM DOLOR SIT AMET, CONSECTETUR ADIPISCING ELIT. NULLAM SEMPER TELLUS SIT AMET NIBH FRINGILLA. We are bringing over 20 of the best speakers from around the world to New Zealand. Vitalik is the creator of Ethereum and 2016 Fortune Magazine "40 under 40" . He first discovered blockchain and cryptocurrency technologies through Bitcoin in 2011, and was immediately excited by the technology and its potential. He cofounded Bitcoin Magazine in September 2011, and after two and a half years looking at what the existing blockchain technology and applications had to offer, wrote the Ethereum white paper in November 2013. He is now the Ethereum Foundation Council President and leads Ethereum's research team, working on future versions of the Ethereum protocol. Vitalik will be presenting on "Ethereum and the Cryptoeconomic Way". This will include delving into the philosophical implications of public blockchains. Andreas is a technologist and ser Continue reading >>

Wex | Bitcoin Exchange, Namecoin Exchange, Litecoin Exchange, Btc Exchange

Wex | Bitcoin Exchange, Namecoin Exchange, Litecoin Exchange, Btc Exchange

codie72 : dreamtrove, yea the closest one I have seen is that youtube clone, no shit it gets the mind running.. Its just directs viewers to stored video ffiles on ya PC or whatever, however you could use the framework to build websites that sit out on the net miners get paid by the hosters, they could store codie72 : dreamtrove, there files on their own servers just have the urls directed.. but compute of the chain well using the powoer of the chain I think some interesting things will come in the next couple fo years will be awesome codie72 : dreamtrove, virtulising a market place not just url forwarding though dreamtrove : yes, i have a plan for a blockchain competitor to amazon dreamtrove : there are a lot of things that could be done. A lot that need to be done Bitbiter : Does any track the disparity between kraken and wex? codie72 : scottyw61, not sure cant remember the name of all those projects, but there is some cool shit being made and it makes it hard to base a project off for yourself dreamtrove : security for coins themselves, that makes them harder to steal, long term self scaling coins that don't dreamtrove : there's a lot fo cool tech. of course the first one with cool tech doesn't always become the winner, it's those who apply that in a practical way bomtan001 : amena, just a guess on the chart , ppc nmc on 6$-12$ December sure Ferdous : Sell ppc now and get lower at 3.1 codie72 : dreamtrove, exactly, but you could always just do ya 2x get a good platform and most of the cool shit can run on offchain tech the everyone is developing serper : is ppc the next coin to break out of .0003 ?? Ferdous : bomtan001, everybody is here in fear...they are greedy but they can not hold codie72 : well im off, since we went back intime to yesterdays candles Continue reading >>

Cryptocurrency Gpu Mining Rig Build Service

Cryptocurrency Gpu Mining Rig Build Service

Cryptocurrency GPU Mining Rig Build Service Cryptocurrency GPU mining rig build, ethereum zec mining, hash rate/power optimization, trouble shooting, system maintenance and consultancy services Auckland-wide delivery.North island on-site visit.Worldwide Email/Skype/Remote access & consultation. Crypto mining = passive income stream. Invest into future, start now! We provide turnkey build-to-order, technical support and consultancy services for cryptocurrency GPU miners. - High-performance custom builds for home and serious miners - Hash-rate/power efficiency optimization - Performance tuning, system maintenance, trouble shooting, GPU detection, system instability fix - Small/mid sized mining farm planning&setup - ROI & payback estimation (comprehensive) Our world's best efficient rig model with 10 x GTX1070: - mines Ethereum ETH 307+ MH/s with ONLY 1.1 KW on-the-wall power consumption - mines ZCASH ZEC 4200+ Sol/s with 4.7+ Sol/W - Stable running 24/7 with worry-free AUTO reboot (if system crashed) - can be setup for other coins e.g., ZCL, ZEN, BTG, ETC. - Base parts (Mob, cpu, ram, SSD, PSUs, Win10) - Graphic cards (GTX1070 or GTX1080). Choose to have 4-10 GPUs/rig. GTX1060 and RX570/580 NOT recommended due to performance inefficiency. You can supply your own parts. - A metal-framed rig build, rig accessories, hardware&software installation, BIOS&OS configuration, mining setup&optimization, 3-day stability testing&performance tuning, delivery&setup running at your place No idea what is best for your budget? Tell us your requirements & budget, then we will sort out the best mining solution for you. - Base parts & GPU costs to be paid after order confirmation - Services fees to be paid on delivery. BTC, ETH, DASH, LTC, XRP, BCH, OMG accepted. - Completion time to be est Continue reading >>

Bitcoin Mining Using Up So Much Energy It Could Cause Blackouts

Bitcoin Mining Using Up So Much Energy It Could Cause Blackouts

Bitcoin mining using up so much energy it could cause blackouts The virtual mining of Bitcoins is using up so much energy that it is causing electricity blackouts in some countries, it has been revealed. Experts say the high-tech activity is consuming a higher level of power than in 159 countries across the globe - amid fears it will use more than the world by 2020. Bitcoin mining hardware uses approximately 31 terrawatt hours of energy per year - compared with 23 in Ireland and 309 for the whole of the UK, according to the Daily Mail . It is creating a "colossal" carbon footprint as the value of one coin surges to more than 12,000 ($23,489) amid violent swings in the cryptocurrency market. Analytics firm Digiconomist estimates that every Bitcoin transaction uses up enough energy to power nine home in the US for one day. The virtual currency is made up of lines of computer code which are digitally signed each time they travel from one owner to the next. Transactions can be made anonymously, making the currency popular with libertarians as well as tech enthusiasts, speculators - and criminals. Tech-savvy users called "miners" use their computers to make complex calculations in a bid to verify that a "block" of Bitcoin transactions are genuine. It is similar to cracking a code - and it takes more than 1.7 billion attempts each time using an enormous amount of computing power as well as electricity. Users often combine their processors virtually to work together completing millions of calculations per minute between them. In reward for their efforts, the miners who crack each code are rewarded with a share of the currency in the form of 25 newly created Bitcoins. But for the average person, the costs involved with mining are so high that it is no longer worth getting invo Continue reading >>

New Zealand Regulator: Cryptocurrencies Are Securities - Coindesk

New Zealand Regulator: Cryptocurrencies Are Securities - Coindesk

New Zealand Regulator: Cryptocurrencies Are Securities Regulation News Legal Investments Initial Coin Offerings Asia-Pacific New Zealand's finance regulator has released new guidance on initial coin offerings (ICOs) and cryptocurrencies. In a statement published last week, the New Zealand Financial Markets Authority (FMA) outlined the ways in which token sales would be covered under national law. Notably, the regulator said that, in its view, any cryptocurrency or ICO-derived token would be considered a security. "All tokens or cryptocurrencies are securities under the [Financial Markets Conduct Act 2013] even those that are not financial products. A security is any arrangement or facility that has, or is intended to have, the effect of a person making an investment or managing a financial risk." Citing that law, the agency went on to say that tokens could fall into one of four financial product categories debt securities, equity securities, managed investment products or derivatives depending on their characteristics. That said, the FMA left the door open to additional classification for such offerings, through which the technology can be used to bootstrap a blockchain network through the sale and release of tokens. "If appropriate, we can designate any security to be a particular financial product based on its economic substance. For example, a project token giving investors voting rights and a share in the company and its profits could be designated an equity security," the agency wrote. The published materials also include guidance for businesses working with the technology. For major cryptocurrency services such as wallets, brokers and exchanges the FMA argues it does have a category for all of these services, and such companies should be appropriately registered. Continue reading >>

Crypto Rig Nz Mining

Crypto Rig Nz Mining

Xmas is coming! $30 Delivery charges waived off for all our CryptoCurrency Products purchased above $200! Rates. Silver (USD): 15.79, Gold (USD) : 1243.47, USD to SGD : 1.3513. $ 0.00. 0 Items In The Shopping Cart. No products in the cart. Search. Gold Silver City. Gold, Silver, CryptoCurrency Mining Rigs and Ledger And like real mining, it can be dirty. Thats because joining the online gold rush to mine the coins that are streams of computer code requires high-powered rigs And like real mining, it can be dirty. Thats because joining the online gold rush to mine the coins that are streams of computer code requires high-powered rigs Everything you need to start mining your cryptocurrency with mining rig. Functional systems for several currencies like Bitcoin, Ethereum, Ripple, etc. Crypto Currency Mining. Personalized customer service. A4+ Scrypt Miner. Maduro went on to add: Every single Petro will be backed by a barrel of oil. We will set up a special team of cryptocurrency specialists so they will be engaged in mining in all states and municipalities of our country. In We are already actively working on implementing alternative crypto-currencies for payments. Huh? I already knew that. Thus why Im mining until I hit the 0.01BTC limit. Like I said, Im no fan of nice hash, but I want to hit the limit so I gpu mining rig testing. crypto Tony New Zealand. Loading Please try again later. Published on Nov 8, 2017. Gpu mining rig testing. Category. Entertainment. This is a Miner part listing!!!check out more miner parts in our listing Interface: ATX 24-Pin, 4-Pi Add to Wish List Compare this Product. ATX dual power supply sync Board for Desktop PC Quick View ATX Dual Power Supply Sync Board for Desktop PC. $15.90. This is a Miner part listing!!!Check out more miner parts in Continue reading >>

What Is Mining? | Blockchain Association Of New Zealand

What Is Mining? | Blockchain Association Of New Zealand

The truth is mining is a misnomer. When gold is mined, nothing is achieved beyond the discovery of new gold. When a cryptocurrency such as bitcoin is mined, however, a valuable service is provided to the network: decentralized transaction recordation and validation. Mining is the auditing process that secures a transaction into the blockchain. Cryptocurrencies such as bitcoin rely on miners to record and validate transactions because of a particular problem inherent in any system of digital currency: double spending. Double spending is the digital version of counterfeiting. To fix this, the inventor(s) of bitcoin designed a system of network interactions, a protocol, that checks each transaction against a public ledger called the blockchain. A bad actor can try and resend an already spent cryptocurrency, however once the funds have been spent the first time, the bad actor will not be able to resend them because of this mining, or audit, process. Miners, or highly specialised computing hardware, connect to the network like telephone operators. Miners use their computers to listen for transaction requests across the entire network and assemble a list of valid transactions. Blockchain is the first successfully tested distributed ledger technology. The technology is a catalyst for the Age of Decentralisation, paving the way for business models that have not been possible before. It is providing us with new opportunities for human achievement. We introduce, educate, and connect Kiwis who want to build a thriving digital future for generations to come. Continue reading >>

Bitprime - Buy And Sell Cryptocurrencies At Competitive Rates

Bitprime - Buy And Sell Cryptocurrencies At Competitive Rates

"I was fortunate enough to come across Bitprime when I first decided to get involved in cryptocurrency in September 17. At that stage I knew very little about it. Ross from Bitprime was extremely informative on the subject and answered a great variety of questions very clearly. I purchased my first crypto through BitPrime and have since made multiple purchases and sold crypto back as well. Great to deal with, and always happy to go the extra mile for their clients I am very happy to recommend BitPrime as a cryptocurrency retailer." "I started my cryptocurrency journey with BitPrime back in Nov 2017. I dealt with Court, Lucy, Monique and Ross, the team is very supportive, trustworthy and friendly. I highly recommend BitPrime." "From being an absolute novice in cryptocurriencies and a rather basic computer user Lucy and the Bitprime team guided me through the process of application verification and wallet selection to be able to invest in Etherem and Litecoin. There patience and detailed instructions made it possible for a 73 year old to expand her knowledge and have fun in the new age of investing.'' I love BitPrime, and am so grateful they exist! Without them I would never have been able to begin buying cryptos and building my portfolio, as I found dealing with the exchanges too daunting. Everyone, of course, needs to make their own decision about whether to pay a broker premium to buy a commodity like cryptos, but for me the premium is well worth it as it makes buying cryptos worry-free and effortless. I have found the people at BitPrime to be kind, responsive and very honest. The only time during the last 3 months that Ive felt frustrated is when they have been so swamped with new clients and orders that they havent been able to process my orders immediately. But I i Continue reading >>

Bitcoin Mining Likely Uses More Energy Than It Takes To Keep New Zealand's Lights On

Bitcoin Mining Likely Uses More Energy Than It Takes To Keep New Zealand's Lights On

Bitcoin mining likely uses more energy than it takes to keep New Zealand's lights on By John Quiggin, University of Queensland The recent upsurge in the price of Bitcoin seems to have finally awakened the world to the massively destructive environmental consequences of this bubble. These consequences were pointed out as long ago as 2013 by Australian sustainability analyst and entrepreneur Guy Lane, executive director of the Long Future Foundation . In recent months, the Bitcoin bubble has got massively bigger and the associated waste of energy is now much more widely recognised. It operates on a decentralised peer-to-peer network, with no central authority or government backing They can be bought with fiat currencies like Australian dollars from online exchanges or created through mining In essence, the creation of a new Bitcoin requires the performance of a complex calculation that has no value except to show that it has been done. The crucial feature, as is common in cryptography, is that the calculation in question is very hard to perform but easy to verify once it's done. At present, the most widely used estimate of the energy required to "mine" Bitcoins is comparable to the electricity usage of New Zealand, but this is probably an underestimate. If allowed to continue unchecked in our current energy-constrained, climate-threatened world, Bitcoin mining will become an environmental disaster. In the early days of Bitcoin, the necessary computations could be performed on ordinary personal computers. But now, "miners" use purpose-built machines optimised for the particular algorithms used by Bitcoin. With these machines, the primary cost of the system is the electricity used to run it. That means, of course, that the only way to be profitable as a Bitcoin miner is to Continue reading >>

Boom In Bitcoin Mining Cyber Attacks On Nz

Boom In Bitcoin Mining Cyber Attacks On Nz

Boom in bitcoin mining cyber attacks on NZ Provided by MediaWorks NZ LimitedCyber criminals could be using your computer to cash in while it sits idle at home. providers Symantec has found New Zealand ranks 29th globally as a destination for crypto-miners. Symantec technology strategist Mark Shaw says most people don't even know their computers are infected. "These hackers are infecting people's machines and using the processing power to generate digital currency. But instead of you receiving the benefits of all those resources that are consumed it's going straight back to the attackers." A key sign of infection is computers running much slower while completing tasks like opening documents. "Let's say you're opening up your Office application and it's taking three or four times longer - there may well be something else taking place on that machine A general slowdown on your machine is something to consider." The number of attempted cryptocurrency-related hacks globally has risen by 8500 percent in three months, Symantec says. They followed a rapid rise in the value of currencies like bitcoin in the latter half of 2017. "Make sure you've got good security software in place." Symantec's research also showed the average amount demanded by ransomware criminals more than halved to 522 (NZ$890). Ransomware locks up your computer until you pay the hackers money. Despite a number of high-profile attacks like and Petya, Symantec says there was less innovation in ransomware in 2016, suggesting criminals are focusing their efforts elsewhere - on cryptocurrencies, most likely. Mobile malware is on the rise, with new variants increasing by 54 percent. An average 24,000 malicious mobile apps were blocked every day, Symantec says. A big problem is that only 20 percent of Android devi Continue reading >>

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