As I have mentioned in my previous post, I believe that Cryptocurrencies are here to stay, and that Litecoins are a good buy right now. In the absence of bitcoin exchange traded funds (ETFs) in which to invest ( the SEC is yet to approve any ), US asset managers and investors seeking exposure to bitcoin without having to buy bitcoins have flocked to the Bitcoin Investment Trust ( GBTC ), a publicly quoted security supposed to track the performance of bitcoin as its fully backed by bitcoins.
Over the last week, ZetaCoin has skyrocketed to its current 11th position on Coinmarketcap ZetaCoin’s value has grown about 5 fold over the last 4 days against BTC, from a low of 0.012 to a high of 0.12 and a current rate of 0.07. Moreover, the ZetaCoin dollar value has also increased from its sub $0.01 price to a current value of $0.065.
EY is working with companies in the power and utilities sector to develop use cases and prototypes.” In addition to the aforementioned April 2016 development, where residents in Brooklyn, New York, successfully traded renewable energy using a smart contract on the public Ethereum blockchain platform, he says that in Australia, several pilots are under way, allowing residents in Perth and South Western Australia to buy, sell or swap excess solar energy with anyone connected to the Western Power network.
Despite the general positive trend in the total cryptocurrency market capitalization growth for the whole year and specifically in Q3, it will take time (most likely until the end of October) for it to gradually become stable and regain its former growth pace, which slowed down because of the events in China (the ban on ICOs and cryptocurrency exchanges).
And Wikileaks has a BitCoin and now a Litecoin address where you can donate to them via BitCoin and Litecoin and if I want to donate 10 Litecoin because I like what they’re doing to Wikileaks, I can and no one can stop me and I feel like that’s an important human right to have, which is freedom of money.
As a miner, the safest way to go about mining for cryptocurrencies would be by acquiring the necessary hardware as a starting point and build your own cryptocurrency hashing system, though there are obviously costs associated, with the set up and ongoing costs including sizeable electricity bills and the need to update hardware and software, which would also require selling once hardware needs to be updated.
Without going too far into the technical details , it essentially makes the mining process more like earning interest on money you’ve already got: Racks of graphics cards won’t be able to generate wealth as they did in the past, which is bad news for miners looking for a profit even if it’s good news for your electricity bill.
Our favorite board right for GPU mining is the MSI Z170A GAMING PRO CARBON as it has the ability to run SEVEN GPU’s at a time when using the latest UEFI for $129.99 on Amazon That board is starting to get hard to find, so alternatives would be the newer ASUS PRIME Z270-A at $139.99 shipped or the MSI Z170A Gaming M5 for $149.99 shipped People are actually mining with eight video cards on the ASUS PRIME Z270-A motherboard thanks to an M.2 to PCIe 3.0 x4 adapter than can be had for $8.95 shipped The ASUS Prime Z270-P for $105.99 shipped also works with 8 GPUs if you use two of the M.2 to PCIe 3.0 x4 adapters.