All About BItcoin and Litecoin mining and other alternative crypto currencies
The Bitcoin Basics is the name of a free online Bitcoin course developed by the Draper University (school for young entrepreneurs) and Zapchain (network for Bitcoin professionals) in the form of an engaging Bitcoin course for beginners from mostly a non-technical perspective. The online course tries to teach the fundamentals of Bitcoin and introduce some of the entrepreneurs who have been funded by tens of millions of dollars, the venture capitalists behind them, and some of the brightest engineers in Silicon Valley, all of whom give their unique insights into how Bitcoin can change the world. Although the course is designed for people that are new to Bitcoin and want to learn more about it more from the business side of things and the potential that it has, it can still be useful and interesting for people that are more familiar with Bitcoin, especially for the ones that are mining and are more on to the technical side of things. So you should give it a go, as we’ve said the course is free and you can quickly and easily check it out, though going through the whole thing will require you to spend a few hours at least.
GAW Miners have recently announced some really interesting big plans about the evolution of their mining platform, but here we want to focus on something that is already available – their new prices of the various Hashlet Digital miners. The Hashlet Prime is no longer available for sale directly from GAW, however you can still get your hands on some Primes through the Hash Market at the ZenCloud service at $36.64 USD per MHS as the lowest price at the moment. Now, paying so much for 1 MHS worth of Scrypt mining hashrate does not seem very reasonable at the moment, however with the Haslet Primes you get some interesting options to engage you allow you to mine more than 1 MHS normal hashrate can generate for you per day. The other Scrypt mining Hashlets that pay out in BTC as well as the Hashlet Genesis that mines directly for Bitcoin have new prices and we are going to take a look at how much they cost and what profitability you can expect to get should you decide to invest in them.
As you can see from the chart above with the current low BTC and LTC prices, the maintenance fees do take away quite a lot of the coins you should have mined resulting in a low actual profit. Using the latest data for the mined coins by the different Hashlets for the previous day we can see that the Hashlet Genesis and the Multi Hashlet seems to be the most profitable Hashlets at the moment. It seems the Waffle Hashlet actually caused a loss for the miner for the last day based on the performance results it shows. Of course the daily earning numbers do vary and the results can be different each day, and the Hash Market where users sell their Hashlets can also provide some interesting deals in terms of lower price than the official ones.
It seems that we are about to see the first virtual and completely online crypto currency expo – the Crypto Money Virtual Expo. The event will take place on December 5th and 6th and the speakers, the exhibitors and the visitors will all be joining the event online with the tickets being free after a quick registration. The concept to held an event like this online is pretty interesting at it offers much easier access for both international speakers and visitors than a traditional live event and the most important thing for the people attending – networking is still possible. The event will take advantage of the ExpoLike platform that replicates online what a real live venue offers for the atendees of a conference or an expo. So we are definitely going to be checking out the Crypto Money Virtual Expo in December.