Thursday, 21 July 2016

1 Million Investors Coince, the most trusted HYIP

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One Million Investors and Counting
We’re proud to announce that the Coince investment program has reached one million unique investors. It puts our platform’s reach at significantly higher levels and form a trusted alliance to better serve investors across the world through a powerful combination of professional services and friendly support.
Reaching 500 active representatives from 60 countries is another huge accomplishment and a harbinger of good things to come. With scale and reach, we only get better. And this is just the beginning of the potential when you are supporting us all the way.
It should be noted that Coince is the only legal online investment company of the world and we do not recommend anyone to join other online investment websites under the positive impact of the Coince online investment experience.
Also please be careful about phishing websites like coinmine, dailycoince and ..., Its highly recommended to use coince.com domain only and ignore external websites with same design or investment offer.
The additional good news is that we had huge hardware upgrades within past weeks and we are pleased to announce that Coince servers can support up to 5,000,000 customers without any problem. Besides, we are preparing to add secure instant withdrawal feature for real-time payouts during the next weeks, we will keep you updated.
The one million milestone is nice, but it’s just the start.
https://coince.com


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Monday, 18 July 2016

How to profit from Yocoin


How to mine YOcoin
Yocoin is a cryptocoin like bitcoin that uses a proof of work system to reward miners, the coin is meant for online transactions, and is also being traded on the cryptomarket, the value of the coin has been appreciating since it was introduced about 6 months ago. In order to mine yocoin, you must first register a yocoin account, then get a yocoin wallet from www.yochain.info, register at the website with your account details and click the "get a new address" link.
After getting this wallet address go back to your account and save this info on your profile section.
Now in other to mine the coin you must first register an account at miningrigrentals.com, after registering, deposit some bitcoins to your account then click on the rigs section and select scrypt, a list of all the available scrypt rigs will appear, pick a rig with high RPI and Hash rate, (RPI is rated from 100-0). The bigger the Hashrates the more Yocoin you'd get, but the more money you'd spend.
Once you click the rent now option, the rig owner will ask for the particular coin you want to mine, by asking you to define a pool, all you have to do is go to the yocoin mining pool and click the getting started tab, it will then take you to the stratum host address and port (use :2502) which you will copy to the form. then input your yocoin address into the username and put any password you can remember. The username is where the rig owner will transfer all your mined coins to, it usually takes an hour to see the mined coins.

Yocoin can also be traded on the exchange platforms that have registered it.

Learn Cyrptocoin Mining

Mining is the process of adding transaction records to Cryptocoin's public ledger of past transactions. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Cryptocoin nodes use the block chain to distinguish legitimate Cryptocoin transactions from attempts to re-spend coins that have already been spent elsewhere. It is intentionally designed to be resource-intensive and difficult so that the number of blocks found each day by miners remains steady. Individual blocks must contain a proof of work, or proof of stake, to be considered valid. This proof of work is verified by other Cryptocoin nodes each time they receive a block. Bitcoin uses the hashcash proof-of-work function.
The primary purpose of mining is to allow Cryptocoin nodes to reach a secure, tamper-resistant consensus. Mining is also the mechanism used to introduce Cryptocoins into the system: Miners are paid any transaction fees as well as a "subsidy" of newly created coins. This both serves the purpose of disseminating new coins in a decentralized manner as well as motivating people to provide security for the system.
Cryptocoin mining is so called because it resembles the mining of other commodities: it requires exertion and it slowly makes new currency available at a rate that resembles the rate at which commodities like gold are mined from the ground.
Mining of cryptocurrencies is usually done using sophisticated computer equipment that is very expensive to purchase, but there are three ways to mine cryptocurrencies at subsidized rate.
1. MINING CONTRACTS:
Mining contracts are like shares bought by an investor from a company on the promise of a return of profit for an extended period of time, these contract once bought begin to give returns as soon as it confirmed by the mining company, this kind of contract is called a third party contract, where the company plays a third party by mining the coins for her investors, but it comes with many risks, most mining companies have been known to be ponzi schemes and as soon they have ammassed enough money they abscond with their investors captial. Examples of companies that offer mining contracts are, Genesis mining, Hashflare, Eobot, etc.

2. CPU/ASCI MINING:
This is the safest and surest way to mine cryptocoins, here the miner puts his own computer to work, usually the coins mined are the ones that have little difficulty to solve, mostly scrypt coins. This method of mining is very slow due to the low hash rates the cpu can handle, the miner uses either his computers GPU, or the graphic cards, or even both, but maximum hash rates with this method never reaches the amount where the coins will be profitable to the miner in a short run.

3. RENTING MINING RIGS:
This is the last surerest method to getting cryptocoins via mining. In this method the intending miner knowing that he cannot do it alone decides to rent the mining rigs of other people. A very good place to do this is at miningrigrentals.com, the idea is almost similar to the mining contracts above, but with little risks, and
profits are determined by the miner, renting times usually range from 3hrs-136hrs at miningrigrentals.com, but you can rent a scrypt miner at eobot for a day to see how profitable this method is.


More Technical explanations later......

Sunday, 10 July 2016

BITCOIN NOW REMAINING 5MILLION AFTER SECOND HALVING

Bitcoin has finally halved for the second time after all the anticipation. The world's most popular cryptocurrency is now in its final stages of mining as we approach its third halving in the  year 2020, with only approximately 5million coins left to mine, the miner reward for the coin has also dropped by half from 25 to 12.5, this also means their profit has also halved, except there is an increase in price of the coin in the coming days.
The current price of bitcoin stands at $650 as at the time of writing this article, and most bitcoin mining sites have taken note of the halving by reducing the expected profit from their mining pools by half, this means that it would now take about twice the amount to mine the coins at a profitable level. Hopefully the demand for the coins will continue to overshadow the negative impacts of halving on miners profitability, and cause an increase in the price of bitcoin and other altcoins in the market. Now that the halving is out of the way and miners have adjusted their mining fees and rates, it is now up to the cryptocoin market to drive the price of the coin to higher heights.