Here I will be talking about cyrptocurrency and how it works also good places to start mining for free. The difference between Bitcoin Faucets and mining bitcoin. If you dont know about Bitcoin, you have landed at the right place to learn about this new wave of currency. I want to give you as much information and where to start collecting your own cryptocurrency.
This is a digital currency that uses encryption techniques. These techniques are used to regulate the generation of units of currency. They verify the transfer of funds, operating independently of a central bank. There are several “decentralized cryptocurrencies” Such as Bitcoin, Litecoin, Ethereum, Dash and more. All providing an outlet for wealth without restriction and confiscation. Cryptocurrency goes up and down in the market place, but holds a great value to them all. My opinion is that they are only going to get stronger and hold more value to everyone all around the world because of its encrypted techniques.
This was Created by a unknown person or group of people falling under the name of Satoshi Nakamoto. In January 2009, the bitcoin network came into existence after Satoshi Nakamoto mined the first ever block on the chain. Therefore starting the revolution of this digital currency. The Bitcoin is limited as it cannot exceed 21 million Bitcoins. It is believed that Bitcoin production will end in the year of 2140. Bitcoin in the month of November 2017 has reached as high as 4450$ a bitcoin (when I started mining) And know in 2018 has reached as high as 17,000$ USD. Bitcoin is currently (January, 2018) the largest blockchain network, followed by Ethereum, Ripple, Bitcoin Cash, Cardano, and Litecoin. Therefore making it the powerhouse of crypto. Get started mining Bitcoin today. Go Here For Free Smart Miner and to Learn More.
October 7, 2011 Litecoin was released by Charlie Lee, He was a former employee of Google. On October 13, 2011 Litecoin went live. In the month of November 2013 LTC takes a massive growth therefore taking the value up a 100% in 24 hours. The LTC Network aims to process a block every 2.5 minutes, Because of this making transaction confirmations faster. Unlike Bitcoin cryptocurrency, only processing a block every 10 minutes consequently making transaction confirmations slower than LTC. Mining Litecoin equipment is more complicated to create and more expensive to produce than they are for Bitcoin therefore Mining LTC seems to be so much harder with less benefits (my opinion).
This cryptocurrency was originally called XCoin or Darkcoin. The XCoin was released on January 18, 2014. Then the name changed to Darkcoin on January 28, 2014. Finally Darkcoin was renamed in March, 2015 as Dash. Dash currently offers instant transactions, private transactions, and operates a self-governing and self-funding model that allows the Dash network to pay individuals and businesses to perform work. This in addition adds great value to the network. Its budgeting system and decentralized governance makes it a decentralized autonomous organization. This also can be mined but does not seem to profitable to me. The equipment is very high in price. If you are in for the long hall buying something like a Antminer D3 might pay off but is very risky. There are other ways to mine dash without one of these expensive machines.
Vitalik Buterin, introduced this blockchain-based distributed computing platform in late 2013. Ethereum provides a cryptocurrency token called “ether” . Pre release date of this cryptocurrency there where 11.9 million coins mined by a online Crowdsale. So because of this, they received 13 percent of the total circulating supply. In 2016 the DAO project collapsed and furthermore split Ethereum into two separate blockchains. They became Ethereum (ETH), and the original continued as Ethereum Classic (ETC). This cryptocurrency can be mined. Mining is a computationally intensive work that requires a lot of processing power and time. I personally do not know much about this mining of Ether but I am researching its liability and how it works. Check back here often to see the latest on my discoveries of Ether.
Smart Mining Bitcoin:
Bitcoin is the leader in cryptocurrency, because of its demand and its secure transactions. Bitcoin transactions are happening right now. They can use our CPU and GPU to help them verify these transactions being made. That is where people like me step in and mine a piece of that bitcoin. There are plenty of programs that allow you to perform this action therefore giving you a piece of it. I have found the Best Bitcoin Miner out there and its FREE to sign up. When signing up for this program you will receive a free 1mBTC just for signing up. They also have a great affiliate program where you can earn even more. Get your family and friends and anyone you can to sign up and cash in on this new wave of currency.
This is truly a MAKE MONEY while you SLEEP situation!!! Start mining and get Bitcoin 24 hours a day, 7 days a week, 365 Days a Year. To learn more about this program GO HERE
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Free Bitcoin Faucet:
If you want to get started making some Bitcoin, this Bitcoin faucet has proven to be one of the best out there. It is easy to use with on demand, free withdraws. It pays up to 5,000 Satoshies per claim every 15 minutes. Also get a 5% daily bonus added to your account every day. You can also receive more just by taking surveys and completing offers. Make your Bitcoin wallet bigger with this free Bitcoin faucet.
With this Free Dash faucet You can claim your Dash whenever you feel like it. If you make just one claim a day you can earn more because of our loyalty Bonus Program. This bonus allows you to gain a 1% bonus if you make 1 claim a day. This therefore can add up to a bonus of 100% as a result earning you more. I personally use this because it is a very easy site to use and takes little time. There is also another bonus called Mystery Bonus and that is exactly what it is, sometimes giving you a high percentage of dash on what you have claimed. You can start claiming your piece of this cryptocurrency Dash for free.
Free Litecoin faucet: >>>Go Here<<<
There are a lot of programs that are out there. Make sure you get a wallet that supports the cryptocurrency that you are interested in. Enjoy the benefits that you can reap from this new day in age. I continue to research cryptocurrecy and I have very much confidence in the currency of the future. Bill Yates has even back it up talking about bitcoin. Go Here to See Bill Yates on Bitcoin. So why not get on board with this new way of currency of the future. Start mining it, make free money, and be apart of the Bitcoin Boom!!!!
These cloud miners are free and they have a 100% payout. I personally use these Cloud miners. I have tested them and they do work great. You can upgrade to earn more and also get instant transactions.
Litecoin cloud mining for free. This is a great program to get free litecoin. It also has a great affiliate program where you can earn 50% off all referrals. Earn up to 0.500 daily. Go Here Litecoin Mining
Bitcoin Cloud Mining for free. Cloud mining is greatly suited for novice miners who would like to try out mining and earning cryptocurrency as well as seasoned miners who don’t want the hassle or risks of hosted or home-based mining. This is another amazing program that allows you to mine bitcoin. Earn up to 10 Satoshi a minute. Earn another 20% – 60% off off all referrals. Go Here Bitcoin Mining