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932.77 13.06 420.23 24,944.01
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91.7 144 12 241.08 179.77 247.49 301.21 17,879.22 7 166.13 7.72 139.72 15 37 175.88 158.17 155.21 181.75 10,730.91 101.18 6266 3,927.28
89.93
69.77
03.25
41.65
2,472.26
100.98 103.95 99.99 4.69 136.24 131.82
84.81 109 99.4
68.02 107.21 78.21
6 213 12.674.40 8.00 9.401.00
DN
NB
B
135.98 8.01 DONE FOR YOUR BITCOIN MINING
106.49
No need to waste your time or worry about expensive equipment, electricity management, or loud fans. Our mining experts will take care of everything from start to finish.
DN
RUARY 7 103.66 105.1
MARCH 92.91
APRIL MAY JUN JULY AUGUST SEPTEMBERINR
145.97 63.51
1979 604.88
57 113.25 136.65 68.53
59.93
52.5 52.04 57 49.89 2,968.46 932.77 413.06 420.23 24.944.01
3,097.61
DN
247.49 301.21 17,879.22
NB
455 21 181.75 10.730.91
764
Monday
Jun 14, 2011
Citydalyn
Economy of the
BUSINESS
for people who
European Union
All about Bitcoin
What is Bitcoin?
Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Naka- moto.
Transactions are made with no middle men - meaning, no banks! Bitcoin can be used to book hotels on Expedia, shop for furniture on Over- stock and buy Xbox games.
But much of the hype is about get- ting rich by trading it. The price of bitcoin skyrocketed into the thou- sands in 2017.
Why Bitcoin?
Bitcoins can be used to buy merchan- dise anonymously.
In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation.
Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they'll go up in value.
Anonymity
Though each bitcoin transaction is recorded in a public log, names of buyers and sellers are never revealed - only their wallet IDs.
While that keeps bitcoin users' trans- actions private, it also lets them buy or sell anything without easily tracing it back to them.
?
Future in question
No one knows what will become of bitcoin.
It is mostly unregulated, but some countries like Japan, China and Aus- tralia have begun weighing regula- tions.
Governments are concerned about taxation and their lack of control over the currency.
4 Reasons Why You Sholid Own Bitcoins
1. Get in on the potential for high returns
If you bought 100 bitcoin at the start of 2017 for around $780 each, your investment of $78,000 would be worth around $1.64 million today, based on a bitcoin value of $16,411 on December 14. Some forecasts suggest bitcoin can still go up, maybe by a lot, and that is a good reason to buy. Simon Yu, CEO of StormX, a platform for users to earn money from micro-tasks, is bullish, saying that growth is coming as institutional investors get into cryptocurrencies, pushing up demand.
2. Bitcoin can help diversify your portfolio
Some of the soundest advice for investing is to diversify your holdings, i.e. don't put all of your eggs in the same basket.
If you already own bonds and stocks, it could be good to put a little on some riskier assets that may fetch higher returns as long as you don't mind losing the money.
3. Bitcoin can verse you in how to use what could be a future form of currency
No matter what happens with bitcoin, it's widely expected that cryptocurrencies will become more common in the future. In April, Japan legalized bitcoin as a method of payment, and Russia has said it is considering regulating its use. The Chicago Mercantile Exchange launched bitcoin derivatives on December 18, making it possible for hedge funds to get in the market to bet on the future value of the currency.
4. You can find out about new business models
Bitcoin and other such currencies run on blockchain, which is perhaps more exciting than the cryptocurrencies themselves. Blockchain is a technology for keeping records, a sort of public ledger. Every bitcoin trade is registered on this ledger as a line, such as new data on a spreadsheet.
With blockchain it would be cheaper and more efficient to process micro- or even nano-payments now unfeasible because of high processing fees, such as buying a single article on the internet for $0.10.
Bitcoins price predictions
Bitcoins predictions from Experts
John McAfee
"When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $1 million by the end of 2020. I will still eat my d*** if wrong"
Venture Capitalist Tim Draper
Llew Claasen
Jeet Singh
Last month, the famous venture capitalist and inspiring entrepreneur, Tim Draper, made a prediction that Bitcoin will hit $250,000 by the year 2022. In 2014, Draper predicted that Bitcoin would be worth $10,000 in three years. Sure enough, Bitcoin hit the $10,000 mark, soaring above and beyond this...
Llew Claasen who is the executive director of Bitcoin foundation recently stated that he expected Bitcoin to hit $ 40,000 by the end of 2018.
He further added that 90% of the cryptocurrencies will actually fall. According to him, most of the cryptocurrency projects will actually turn out to be scams.
Speaking in January at the World Economic Forum in Davos, experienced cryptocurrency fund manager, Jeet Singh predicted that the price of Bitcoin will go as high as $50,000 in 2018. He warned of heavy price fluctuations which he believes is only normal for a Bitcoin market that is still maturing.
Saxo Bank's Bitcoin Price Prediction - The Future Of Bitcoin
Saxo Bank thinks Bitcoin will increase a lot this year. Not quite as much as John McAfee does, but still a lot. Saxo's Bitcoin prediction 2018: they say the Bitcoin price will rise above $60,000 in 2018!
Blockchain Capital Partner, Spencer Bogart's Bitcoin Price Prediction Blockchain Capital partner, Spencer Bogart's Bitcoin price prediction is exactly that. His Bitcoin projection says that it will increase to more than $50,000. He said the increase would be due to big investments being made by large companies and investment banks. Mr. Bogart believes anks have seen how much money people are making with Bitcoin and do not want to miss out.
Founder of Wawllet, Mihail Lala's Bitcoin Price Prediction 2020 Mihail Lala (the founder and CEO of Wawllet) has a Bitcoin price prediction 2020. His Bitcoin projection is that Bitcoin will get to over $100,000 by 2020.
CEO of VA Research, David Garrity's Bitcoin Price Prediction - Will Bitcoi... David Garrity (the CEO at GVA Research) told Bloomberg that Bitcoin is going to crash as low as $5,000 this year. He believes that by the end of 2018, it will go back up. He says it'll get to almost $20,000, just like at the end of 2017. As we have seen in Bitcoin's history, this is completely normal for the cryptocurrency.
How to acquire Bitcoins
Buy on an Exchange
Many marketplaces called "bitcoin exchanges" allow people to buy or sell bitcoins using different curren- cies. Coinbase is a leading exchange, along with Bitstamp and Bitfinex.
Transfers
People can send bitcoins to each other using mobile apps or their computers. It's similar to sending cash digitally.
Mining
People compete to "mine" bitcoins using computers to solve complex math puzzles. This is how bitcoins are created. Bitcoin 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.
How to mine Bitcoins?
B
Cloud Mining
Cloud mining or cloud hashing enables users to purchase mining capacity of hardware in data centers.
Bitcoin cloud mining enables people to earn Bitcoins without manag- ing hardware, software, electricity, bandwidth or other offline issues. However, when you do the math it seems that none of these cloud mining sites are profitable in the long run. Those that do seems profit- able are usually scams that don't even own any mining equipment, they are just elaborate Ponzi schemes.
Pool Mining
Mining pools are groups of cooperating miners who agree to share block rewards in proportion to their contributed mining hash power. While mining pools are desirable to the average miner as they smooth out rewards and make them more predictable, they unfortunately concentrate power to the mining pool's owner. Miners can, however, choose to redirect their hashing power to a different mining pool at anytime.
Mining Pools vs Cloud Mining
Many people read about mining pools and think it is just a group that pays out free bitcoins. This is not true! Mining pools are for people who have mining hardware to split profits. Many people get mining pools confused with cloud mining. Cloud mining is where you pay a service provider to miner for you and you get the rewards.
Pinnacle Mining Success Plan
Simple and easy for everybody,
but very powerful compensation plan of Pinnacle Mining
What is Pinnacle Mining?
Our office
Pinnacle Mining is on a mission to make Bitcoin and other cryptocurrencies accessible to every people in the world. Pinnacle Mining was formed by a team of forward-thinking cryptocurrency experts, investors, and engineers to revolutionize the cryptocurrency mining industry and is building one of the largest crowdfunded Bitcoin mining pools in Canada and Europe.
THE PINNACLE MINING MISSION
WHY PINNACLE MINING?
Pinnacle Mining offers a simple platform for everyone to access the cryptocurrency market. We are passionate about securing our members with digital assets and helping them profit from the Bitcoin market by providing access to cryptocurrency mining without any of the logistical overhead.
MINE WITH EASE
No need to mess with hot and noisy miners at home. Our experts take care of the entire mining process for you.
SUSTAINABLE INCOME
Multiply your shares with our repurchase program and continue to earn as the mining pool expands.
$
MEMBER BONUSES
Earn Bitcoin for each and every person that you refer. Plus, receive an additional bonus whenever your referral earns from their mining pool.
AN ENTIRELY BETTER WAY TO EARN BITCOIN
THE BENEFITS OF PINNACLE MINING
Pinnacle Mining was designed to revolutionize the cryptocurrency mining industry and has quickly become one of the largest crowdfunded Bitcoin mining pools in the world. By combining this expansion with our extremely profitable affiliate structure, we have an opportunity for members to leverage their earning potential unlike anything else in this industry. Here is what you can expect by becoming a member.
NO SETUP REQUIRED
As soon as you become a member, you can purchase
a mining pool share and start mining right away.
We'll take care of all the heavy lifting.
SUSTAINABLE INCOME PLAN
Our re-purchase program will automatically
reinvest in the latest equipment for you to ensure
consistent earnings.
(8
TRANSPARENT UPFRONT
COST
There are no subscriptions or hidden fees. Your one-time $99 membership payment gives you access
to our four exclusive mining pools and all other future
crypto projects.
ConnectBTC: 0.2%
BitcoinRussia: 0.3%
KanoPool: 0.3%
58COIN: 0.8%
Bitcoin.com: 0.8%
BitClub Network: 1.1%
BitFury: 1.5%
Bixin: 2.3%
BW.COM: 2.3%
DPOOL: 3.3%
BTCC Pool: 3.3%
Unknown: 5.9%
F2Pool: 8.7%
ViaBTC: 9.3%
BTC.TOP: 9.7%
BTC.com: 24.1%
AntPool: 16.2%
2
REFERRAL PROGRAM
Earn a commission for each person that you refer.
You'll
also receive Bitcoin whenever your referral earns from their pool. This will be taken straight from
our share so you won't reduce their profit margin.
PERSONAL DASHBOARD
Keep track of your crypto earnings using our simple real-time dashboard. You can also view your affiliate bonuses and billing history.
PARTNERSHIP
To remain competitive and minimize downtime,
we have secured a partnership with a contracted
manufacturer specializing in mining hardware.
Vision of Pinnacle Mining
Building the world's biggest crowdfunded cryptocurrency mining operation, reaching 10% of global hash power and one million members by 2019
Pinnacle Mining: 10%
JOIN NOW AND GET STARTED
HOW TO START MINING TODAY
Sign up and purchase shares in one of our mining pools.
Your share will then be allocated to purchase equipment and you'll begin earning daily payments from whatever is mined.
To earn even more, share this opportunity with others and you'll receive a commission on everything they purchase. The more you share, the more you earn!
sign up for Pinnacle Mining
Create your account with a one-time $99
membership fee. You'll have lifetime access
platform, exclusive mining pools, and
to our
all other future cryptocurrency opportuni-
ties.
Get a Bitcoin wallet
You'll need a wallet to send and receive
Bitcoin with us and there are plenty to
decide from.
Choose
one
with security fea-
tures that are right for you.
Q
Begin Mining Bitcoins
Start earning Bitcoins every day!
What makes the Pinnacle Mining Successful?
1. Cutting-Edge Mining Hardware
Cryptocurrency mining is most profitable when done with top-of-the-line, task-specific hardware. Pinnacle Mining facilities have Bitmain's S9 and will
have 7 times faster 100TH miners in 4th quarter of 2018 and world fastest ASIC miners with 225 TH/S in 1st quarter of 2019. We will be the market leader
not the follower.
2. Ultra-Low-Cost Electricity and Stable Energy Supply
A key factor in mining profitability is the cost of power. European countries and Canada have a surplus of electricity due to their well-developed
infrastructure and interconnectivity, as well as renewable energy sources. Pinnacle Mining secured the stable power for ultra-low price.
3. Secure and Reliable Facilities
To reach and maintain maximum mining efficiency without compromising on security and reliability, each Pinnacle Mining center will be protected by
armed guards and mining team members will take care of the miners 24/7. Entire facilities shall be observed with live cam at any time.
4. Top-Notch Experts and Professionals
It takes a team of engineers, security and construction experts, and software developers to run even a modest mining center, not to mention centers on
the scale Pinnacle Mining is planning. The Pinnacle Mining Team boasts all of the qualifications and competencies to build, install, and operate industrial-sized mining facilities.
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