So Where Can I Buy Legitimate Hashrate?
I often point out who is very shady or perhaps incompetent but I do not often promote any business due to the very difficult nature of ascertaining lasting and legit cryptocurrency businesses from those who are looking for fresh bag-holders.
In cryptocurrency you cannot really trust any actors or businesses due to the extremely volatile and high-intensity, profit-driven, scam-filled environment (isn’t that why we are here, down in the mire?).
One company that has consistently provided effective, profitable hashrate is Hashflare.io. In the future I will profile other admirable corporate attempts at cryptocurrency success but for now I can let you know for over approximately two years Hashflare.io has kept its contractual obligations. I have broken even on these contracts (SHA256 and Scrypt) over a year ago! I cannot say anything bad about this.
Continue reading “Hashflare.io: A Legitimate Hashrate Provider”
Yobit.net Banned My Account During the 2016 Election
Was this a covert attempt to hide the 1000x value of “Trumpcoin” versus “Clintoncoin” on this Russian-controlled website or is Yobit.net an arm of the KGB (I mean, FSB, whatever)? In either case it feels extremely shady. Writing a cryptocurrency blog you are always wondering if you can monetize it with advertising but you want to be quite sure you are propagating legitimate organizations and actors. I would not trust Yobit.net simply because they offer 20% per trade on referrals but I have further reason to deeply mistrust this cryptocurrency actor. That 20% per trade commission on referrals seems scam-like. In fact, I know it most likely is.
Continue reading “Yobit.net: Part of Trump’s Election or Just Extremely Shady?”
AMD is surprisingly up from a low of about $2 in 2015. CNBC and Barron’s report that AMD stock is surging on news that the new Epyc processor will compete with Intel’s Xeon for datacenter technologies. If cryptocurrency miners are scarfing up AMD graphics cards now due to the wonderful performance-to-price ratio provided I can imagine further growth in this stock.
Let’s face it AMD is making a comeback. The stock is $13.52 in pre-market trading, that is up $0.88 as of writing just 20 minutes before the opening bell 6/21/2016. This has more to do with the release of the Epyc processor competing in datacenters with Xeon but we also know how much the cryptocurrency community appreciates GPU’s for mining new algorithms for which no ASICs are taped out yet.
CNBC erroneously refers to demand among Bitcoin miners for AMD technology but as we all know Bitcoin uses SHA-256 so unless AMD starts manufacturing SHA-256 ASIC chips this is related to algorithms that secure coins which are difficult to apply FPGA or ASIC technology to.
Continue reading “AMD’s Epyc Chip Drives Stock Higher – Cryptocurrency Potential Examined”