Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
The equation is the task of verifying the previous block transactions, which is very intensive... That is the Blockchain.. Bitcoin is just riding on the Blockchain transport...
Bitcoin mining is just working out a mathematical equation... The one to solve it first gets "paid" in Bitcoin... GPU's are much better at doing this kind of number crunching than a CPU, which is kinda poo at it... kinda like you at calling the TLW tops.. but I digress... :o)
Its GPU power, not CPU power... Look at a C410x kinda box then stuff it with Teslas.. :o)
"tanking a bit now. dead cat bounce like i said this morning. wait for 1% pull back before next rise." A DEAD CAT BOUNCE IS A SHARP SPIKE UP IN A DOWNTREND... NOT A RETRACE IN AN UPTREND... IF A CAT COULD BOUNCE, IT WOULD BOUNCE UP... NOT DOWN... UNLESS YOU BURY IT... and while we are at it... TLW TRADES BRENT, NOT WTI... Homework for tonight dbno...
"thats the 50 DMA just broken. not the time to be buying oil stocks." There's your buy signal folks... :o)
Forget mining Bitcoin in UK.. its not financially viable with the cost of the crunching hardware (High end GPU's... CPU's are no good), and also the cost of electricity... Bitcoin is finite, only will ever be 21,000,000... the longer time goes by (since 2009) the harder it is to mine. Mining Bitcoin is only really participating in the consensus verification of the "nonce" (real word) value that is used to verify the previous block transactions that locks the transactions in the chain... It is a race, and only the block verification winner gets paid... It's down to latency as well as GPU power to find the nonce number, so u need a fast connection too... Then theres forks to consider... :o)
Why sell Tullow when it is bullish... The trend is your friend... We are 30p off of the highs after the quarterlies, so you know we have plenty of headroom...
177 Boom
Bitcoin isn't the real value... The value is in the Blockchain and the distributed ledger and consensus verification system... Pity it is open source code, so can't see an angle to profit from that... Just saw bitcoin fall about 700 points from 11,400 ... Check out other fledgling crypto's... Better to spreadbet them than to buy and wallet them... Its the future... :o)
You are rainbow chasing... Not a good idea When it isn't going your way, step out and don't trade... Bitcoin just dropped 700 points in a few seconds...
The deal between most OPEC members and other major exporters including Russia is scheduled to expire in March 2018. Producers at a meeting on Thursday are expected to agree to extend the deal, but the length of the extension remains an open question. This has kept the market on its toes. �OPEC jitters are casting a dark shadow over oil prices as the pre-meeting chatter intensifies,� brokerage PVM wrote to clients. OPEC sources said on Tuesday that whatever the deal, an option to review in June would also be included. �The option to review the decision in June (means) they agree not to agree anything,� said Ralph Leszczynski, head of research at shipping brokerage Bancosta in Singapore. Reluctance to agree a lengthy extension has been driven mainly by Russia and its concerns that a major extension could lead the market to overheat. Moscow fears a strong price rally off the back of such a move could give an unsustainable boost to the rouble, one that harms Russian exports.
LONDON (Reuters) - Oil prices slipped on Wednesday as doubts set in about Russia�s willingness to substantially extend a deal among some of the world�s biggest exporters to curb output to help tackle global oversupply and support prices.
How many times... Just follow dbno... And do the opposite... 175:00
Can u believe Bitcoin 11,300's
175.60 Kaboom
Meanwhile Booooom 175
Ha Ha You were not joking...
I'm keeping an eye on CLLN... Looks like it has seen the bottom... No pun intended.. :o)
Forget the Russians... What's the coup with the towels...
OPEC-Russia deal faces one last hurdle: Knowing how to stop. OPEC and Russia concur on two things:their oil production cuts are working and they should be extended deeper into next year. As ministers gather in Vienna, this unanswered question is the main reason Russia has yet to give its formal assent to a rollover of their agreement until the end of next year, according to people familiar with the matter, one of whom is rumoured to be dbno, creator of the world renowned dbno reverse divergent oscillator, a prolific oil trader and philanthropist, and picker up of feminine towels left on the bathroom floor by one time winner of x factor, Michelle Mcmanus.