Did you know that you can make money from spare land space with crypto data?
Check out more from CEO of @easycryptohunt, Josh Riddett, on his YT channel https://t.co/SHI1ME3f3C
AND join us on the 21st May to see how you can apply it to your farm business https://t.co/B1AKMtACCO
We've teamed up with @easycryptohunt to bring you the latest on how AI & blockchain tech can help you diversify your farm and make money!
Join FREE on 21st May & find out how you can make alternative income on farm: https://t.co/hpFyEP11mH
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This post was scheduled on 03/02/2023. The #Bitcoin price the time of writing is $23.4K. How does it compare to now? Discuss in the comments and follow to learn more about #Crypto
https://t.co/tf0EoMcoJI
As the tokenization of real world assets #RWA ramps up....
It is time to take a look at #Ravencoin, the platform that was custom built for RWA.
It has guaranteed non-duplicated names (DNS-like registry) which is good for fraud prevention and protected brand building.
It has an optional compliance layer with tags and Restricted Assets to contain your assets to only addresses tagged by you, or by a compliance partner.
It has guaranteed non-mutable meta-data so the token (asset) is self-described in any format (PDF, text, movie, folder of files, etc.)
If you haven't heard of $RVN, it is because it isn't a company with a marketing department. It is an open-source project that was gifted to the world on the 9th birthday of #Bitcoin. It was released for free, and all $RVN are mined into existence with proof-of work.
This gift to the word was the combined effort of #Overstock (formerly $OSTK), @medici_ventures, @BruceFenton, @PatrickByrne, two separate teams of very talented developers, and a large community of very passionate community members that continue to support the project today through mining, social media, layer 2 projects.
The ecosystem continues grow and adapt.
For #RWA (real-world asset) tokenization, there is no better platform - ANYWHERE.
Start at https://t.co/0kpSIGevkE, or https://t.co/R5hrYk9aX8.
This post was scheduled on 03/02/2023. The #Bitcoin price the time of writing is $23.4K. How does it compare to now? Discuss in the comments and follow to learn more about #Crypto
https://t.co/tf0EoMcoJI
This podcast needs more listens in my opinion. This is especially important for crypto investors and traders. We go into a lot of trading errors in this.
This podcast was filmed 3 months ago and someone on FB mentioned that I somehow even managed to weave in a subtle $KAS plug in it.
Lol, it's not that I'm just trying pump my bags, it's because for 7+ years, I've been saying in endless keynotes/presentations about what the perfect Layer 1 needs. And for 7 long years nothing came around.
The one fateful night I was play CoD with my main crypto buddy @easycryptohunt and he told me about $KAS. After spending 10 hours of nonstop research in a single day, I realised this is exactly what I had been preaching for after all these years.
So yeah, I will unashamedly advocate it. It's as far opposite to a shit coin you can get. Just write down all the scammy attributes of a shit coin and #kaspa is the opposite.
This is why I'm really not at all excited or even surprised by this sudden price rise to 7.3 cents. Why would I?
Is there any point in even considering an orderly phased exit until it's at LEAST 2% of the total crypto market cap and when BTC has topped?
That's when you should be excited folks. Just focus on market cap and percentage of the whole market.
There's no need to check the price every 5 minutes! And I KNOW you're all doing it 😂
So yeah, for me, I see the bear market starting +/- 3 months around 1st Dec 2025 and the total crypto market between $4.5-12T, and KAS to be AT LEAST 2% of that...
So chiiiiilllll winstaaan...
Worth listening to this podcast interview. If you like what you hear, then you really need to grab a ticket to this awesome 1 day content event I'm holding on 18th Nov. It's The Realistic Trader's 10th birthday party and not to be missed! https://t.co/a1K4jh3wFg
@SiamKidd You nailed those two ,both looking to be great projects.
$cudos is another to keep your eye on.
I expect to see many new smaller minable coins to add weight to this use case and believe it to be the one of the big reasons for the revival of GPU coins over the next 24 months
Here's the full recording and timestamps from the
$KAS Live Spaces - Mining Special
https://t.co/UvmlLM0wCV
Key guests:
@DesheShai@Cryptographur@tacticalinvest_@easycryptohunt
General Information 00:00 Meeting has a hard deadline of 17:30 UK time due to a school parents evening. Two practitioners from the mining industry are present.
02:05 The company has been in the hardware space for six years, focusing on GPUs for crypto mining. They work with over 300 clients, including renewable energy sites.
05:58 The company aims to simplify cryptocurrency mining and lower the barriers to entry by fractionalizing and reducing costs.
07:50 The company has two mining operations in Canada and Texas, with the Texas operation being active since April.
09:44 Discussion about the challenges and considerations in setting up the infrastructure for mining operations.
11:08 Owning and operating a mining rig involves more than just buying and turning it on. Quality and maintenance are important factors.
12:50 Discussion about the reasons for going into mining and the satisfaction of being responsible for power in the ecosystem.
14:30 The business is primarily focused on B2B customers, but has found success in introducing crypto to various industries.
18:19 Discussion about the profitability of buying Bitcoin or mining equipment for Ethereum. Mention of tangible resale value and tax advantages.
20:26 Discussion about risk versus reward in business decisions and the importance of networking in the crypto mining industry.
22:31 The company started with personal capital and expertise from the co-founders in different areas of the industry.
24:25 Discussion about the growing acceptance of cryptocurrency, particularly Bitcoin, by big companies and banks.
26:36 Discussion about the environmental impact of cryptocurrency mining and the shift towards using renewable energy sources.
28:51 Discussion about the transition to 100% renewable energy in commercial operations within 3-5 years.
31:04 Discussion about the lack of understanding and incentives for renewable energy deployment and the capacity of the UK energy grid.
36:46 Discussion about the vulnerability of the network due to the efficiency of ASICs and the argument for both sides of the spectrum.
38:53 Discussion about the security of Bitcoin and the cost of potential attacks.
43:06 Discussion about the impact of hash rate fluctuations and the dominance of ASICs in cryptocurrency mining.
45:15 Discussion about the advantages of using GPU over ASIC for mining and the trade-off between decentralization and efficiency.
47:20 Discussion about the profitability of mining with ASICs and the impact of difficulty increasing quickly.
49:18 Discussion about the fluctuating profitability of ASICs and the difficulty of predicting the future.
51:07 Discussions about the impact of changing earnings, prices, and models of mining equipment.
52:53 Bitmain sold 2.5k KS3 in batch one. They may continue with similar batch sizes or increase. Profitability is important.
54:51 Discussion about the challenges and success of Ice River in the chip industry and the negative buoyancy of miners on Kaspa.
56:48 Discussion about mining approaches, power consumption, and cost of entry for different mining methods.
58:28 Discussion about the trading volume and percentage of daily emission being sold for Kaspa.
01:00:20 Discussion about alternative coins to mine, focusing on Kaspa and its practical applications.
01:02:15 The company has developed a new miner that uses high-end GPUs for both mining crypto and machine learning.
01:04:00 The company is bringing a new product to market that offers flexibility in delivering value to clients.
01:05:57 The company is shifting from being a crypto mining company to a distributed computation business.
01:08:11 GPU mining is inefficient compared to Kaspa ASIC mining. Electricity cost varies depending on the model.
01:10:14 Discussion about the power of solo mining vs joining a pool and the threshold for solo mining.
01:11:55 Discussion about the hash rate required to see a block daily and the potential impact of fees on mining revenues.
01:16:10 Discussion about the congestion and fee market dynamics in the network, as well as the potential threats of quantum computing.
01:23:59 Discussion about the slower pace of release of mining equipment and uncertainty about future versions.
01:25:49 Discussion about a past coin called Grin that looked promising but ultimately failed in the market.
01:27:43 Discussion about the advantages and limitations of GPU mining compared to ASIC mining, specifically in relation to Chia.
01:29:54 Discussion about the differences between Kaspa and Chia, and the concerns about Kaspa's transition to ASIC mining.
01:31:41 Discussion about audience questions and insights on the mining industry and Bitmain's operations.
01:33:38 Bitmain pre-mines equipment before shipping it off, often overclocking and refurbishing it. They primarily sell to distributors and resellers.
01:35:22 Discussion about buying from distributors instead of retail stores to save money and get a faster ROI.
01:37:14 Discussion about using Kaspa wallet for mining and the importance of self-custody.
01:39:30 Best practice is to write down seed phrase on paper and keep it safe like cash in your house.
01:41:35 Discussion about timing and ROI in the market when buying mining devices and GPUs.
01:45:30 Discussion about Kaspa being unique in its reduction of block rewards and its implications for the industry.
01:47:32 Discussion about block rewards reduction, storing CAS, mining, and Kaspa's emission schedule.
01:51:48 Discussion about the potential increase in value of machines and the sliding down of prices for older equipment.
01:54:11 The speaker proposes the concept of a cryptographic receipt to prove the existence and acceptance of a transaction.
01:56:19 Discussion about tax agencies and the use of receipts as proof of transactions.
01:58:30 Discussion about the authenticity of data in block explorers and the concern for tax audits.
02:02:46 Bitcoin and Ethereum aim to provide a scalable base layer for hosting applications, but they are not currently scalable enough.
02:05:00 Discussion about creating a DeFi app similar to eBay for instant settlement using Kaspa and stable coins.
02:07:00 Discussion about the base layer of the Bitcoin network and the trust involved in settling transactions.
02:11:22 Discussion about using Kaspa blockchain for tallying votes and its benefits in terms of security and transparency.
02:13:48 The meeting involved many knowledgeable people in the industry, providing a great opportunity to learn.
02:15:47 Cardano's market cap grew significantly without smart contracts, indicating potential future growth.
Ideas 03:57 Innovation in crypto mining, particularly using renewable energy sources and unconventional methods like cow poo, is an interesting and under-discussed topic.
16:16 Discussion about using cryptocurrency mining to solve environmental problems like flaring and reducing emissions.
34:51 Kaspa could have been a bigger project if it remained on GPU. ASICs are more efficient but raise concerns about decentralization.
01:49:56 Discussion about the decreasing value of mining equipment and the potential development of new equipment.
02:09:04 Suggestion to use the chain for vote tallying to prevent multiple voting and provide linear civil resistance.
Open Questions 32:57 Question about thoughts on higher hash rate and its impact on Kaspa.
40:54 Shy's thoughts on the costs and security of ASICs in relation to hash rate and network attack.
01:13:55 How to design the fee market correctly in Kaspa and the differences in fee dynamics compared to Bitcoin.
01:18:20 Main concerns and threats faced by Alex regarding Kaspa and the increased scrutiny due to its growth.
01:20:32 Concerns about the impact of ASICs on the network and the potential disenfranchisement of big players.
01:22:17 Question about what would stop mining Kaspa and pivoting away from it, and the potential impact of technological advancements on mining.
01:43:31 How the fast emissions rate and reducing block rewards of Kaspa affect mining strategy.
02:00:43 Questioning how people view Kaspa and whether it is considered a store of value or something else in the crypto industry.
After the success of our first $KAS live spaces with 416 tuning in live and just under 10k tuning into the replay, we are holding another one.
Will be Wednesday 13th Sep at 0800PT/1100ET and 1600 UK time.
This will be a Mining Special! We have an actual beast of a Miner @tacticalinvest_ and the biggest UK GPU Mining seller @easycryptohunt
Will be asking them everything and anything about mining and also how it relates to $KAS, what happens in 2037 when emissions stop and more! Co hosting again with KAS connoisseur @Cryptographur and we'll post the link closer to the time...
This post was scheduled on 03/02/2023. The #Bitcoin price the time of writing is $23.4K. How does it compare to now? Discuss in the comments and follow to learn more about #Crypto
https://t.co/tf0EoMcoJI
This post was scheduled on 03/02/2023. The #Bitcoin price the time of writing is $23.4K. How does it compare to now? Discuss in the comments and follow to learn more about #Crypto
https://t.co/tf0EoMcoJI
📢 REMINDER 📢
We're exhibiting at @DistribEnergy at Telford International Centre on 14th-15th March! Why not stop by and say hi?
#Crypto#CryptoMining#exhibition
This post was scheduled on 03/02/2023. The price of #Bitcoin at the time of scheduling was $23.4K. It's been one month, discuss where you think it'll go next in the comments and make sure to follow to see when our next scheduled post goes out!
https://t.co/tf0EoMcoJI
Some cool shots of the #CryptoMining rigs we make! Message us now or get in touch through the website to learn more!
https://t.co/tf0EoMcWzg
#Crypto#altcoin