Bitcoin Investing Finance Page 1


Who would lose if Bitcoin Crashed

Who would lose if Bitcoin Crashed

Oct 31, 2017 by Paul White

Bitcoin has rised to $6000 a coin.  This has encouraged many in the investment community to label it as a bubble that is backed by nothing.  Yes I haven't heard a single person from the tech industry with the same view.  Lets for a second pretend that one day Bitcoin Crashed.  I don't mean a sudden short term drop in value, I am talking that the market for bitcoin was absolutely destroyed. where your bitcoins were worth absolutely nothing. What would happen to everyone who was benefiting from bitcoin.


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The Peak for Ethereum is coming

Sep 4, 2017 by Paul White

Recently I decided to utilize my workstation's video cards to mine for Ethereum while I am not working and sleeping.  My 2 GTX 1080 running 24/7 should yield me about $100 / month, not taking out electricity cost or wear and tear on my hardware.  But then I started to wonder where will the Peak in Ethereum be?  So I worked the numbers.


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Bitcoin Mining to Heat my office in Winter

Bitcoin Mining to Heat my office in Winter

Nov 14, 2014 by Paul White

After upgrading my graphics card ealier in the year, I gave up on bitcoin mining.  Not because the returns were quickly dropping as the Hive's Hashing power continued to increase, but because of the amount of heat a monster video card creates.  That combined with a hot texas summer, and a home office that does not have a dedicated AC unit, instead its central air, caused me to prefer comfort over Mining.  But with it now being mid November and temperatures dropping in Texas,  I had a new reason to Start Mining again.  To Keep my office warm and cozy.


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1135 Visitors
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Are USB ASIC miners still worth it?

Are USB ASIC miners still worth it?

Dec 8, 2013 by Paul White

Months ago my ego told me to buy 20 USB ASIC miners, and start mining for bitcoin, but I instead restrained myself from this purchase.  Now looking back I regret not going ahead with my mining operation, as Bitcoin now hovers around $765 each.  At the time I was consideirng this, Bitcoin was around $82 each. But the question still remains.  Is it too late to get into the Bitcoin mining game?
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31256961 Bitcoin Difficulty takes Wind out of Network Sails

31256961 Bitcoin Difficulty takes Wind out of Network Sails

Jul 22, 2013 by Paul White

For a brief moment in time, the Network's Hashing power was getting close to 280 Thps.  Bitcoin had its biweekly reset of the difficulty level.  From the looks of it, this has eliminated any profitability of smaller scale GPU based mining operations.
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What does it take to mine 1 Bitcoin?

Jul 19, 2013 by Paul White

When you are considering upgrading your computer's hardware in an attempt to mine for Bitcoin, one the firs tthings you want to know is how much processing power does it take to mine a single Bitcoin, and how long will it take?  I have worked the numbers based on the current difficultly level.
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7066 Visitors
13269 Views
GPU miners vs USB ASIC Miners for Bitcoin

GPU miners vs USB ASIC Miners for Bitcoin

Jul 17, 2013 by Paul White

When you first start getting into the bitcoin mining business, you have two choices to make.  Should I build a GPU based system with several graphics cards, or should I just buy a bunch of USB ASIC Block Erupters?  The Answer lies in how commited you want to be to mining bitcoin, and how much faith you have in this crypto currency.
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The only way to win at Bitcoin is to Program your own FPGA

Jul 15, 2013 by Paul White

I just can't stop thinking about Bitcoin.  Its sounds great doesn't it.  You just run some software 247 and you make money.  But I have come ot the conclusion that the only way to get rich with Bitcoin is to take things into your own hands.
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3338 Visitors
8274 Views
Is Bitcoin still profitable with ASIC miners?

Is Bitcoin still profitable with ASIC miners?

Jul 12, 2013 by Paul White

When I first heard about the crypto currency.  My first thought was biggest ponzi scheme ever.  But after some research I have a better understanding of how it works.  I even have started mining for bitcoin just for fun.  But the biggest question you have to ask  yourself.  Can you really make money mining for Bitcoin?
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7309 Visitors
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