NiceHash offers you to buy or sell hashing power directly, no contracts, no limitations, pay-as-you-go if you're a buyer and be-paid-as-you-go if you're a seller. Why bother renting rigs, when you can rent hashing power? NiceHash brings more to renters and rig owners. Visit https://www.nicehash.com today! Simply create order and you are already mining your favorite coin or point your rig to our stratum server and you are already earning bitcoins.
This sub is strictly focused on mining on the MiningPoolHub service.
Quark is a decentralized digital monetary system. It facilitates sending Quarks to Friends, Family Members Online Payments free of charges and charge-backs. Military Grade Encryption. No Bank or Government Control. Quark coins are based on the original idea of Bitcoin but improved, more secure, faster transaction times and zero fees. With improvements to design and security. There is also a greater coin supply with higher block rewards for miners. Quark is fully Open Source.
With the rising costs of mining, combined with Hashrate competition, fluctuations in the cryptocurrency price, and various other reasons, have resulted in increased instability in total mining profits
. Additionally, once the value of any cryptocurrency falls below the mining cost, the high electricity bill and low output will simply cause miners to choose to turn off their mining machines — resulting in a loss of investment.
Although many mines have opened mining models with pre-paid income, if the market fluctuates drastically and does not transfer assets in time, once the price of the cryptocurrency falls, the income will still be affected.
Therefore, choosing financial derivatives as a tool to hedge the risks brought by price fluctuations is a relatively “smart” approach for the majority of miners.
Hedging, in simple terms, is to use the same pattern of price movements in the spot market and the derivatives market, and to operate in the spot market and the derivatives market with the same cryptocurrency, equal quantity, and opposite direction. No matter how the price fluctuates in cryptocurrency, the profit and loss of the two-side operate at the same level to achieve the purpose of asset preservation
At present, futures and options are the two mainstream financial derivatives in the market. Which ones are more suitable as hedging tools for miners?
Let us look at an example:
Assuming that the spot price of 1BTC on 15 April 2019 is 5000USDT, miner Bob expects to dig 10 BTC in a week. However, he fears that the cryptocurrency will fall at that time, and also he hopes to secure gains of each BTC at the unit price of 5000USDT in advance. Bob therefore has two options:
1. Choose a platform futures contract for hedging
Take a platform week contract as an example. Suppose the current contract price is 5000 USDT (assuming the contract price and the spot price are the same), use a BTC margin of 10 times leverage 1 BTC is used as 10 BTC). ) Open a short contract.
If the price of BTC drops to 4,500 USDT each after 1 week, sells the BTC in the spot market, the expected return is reduced by 500 USDT each. In the futures market, Bob has obtained 10 times of leverage and gained 10 times of return due to the price decline. The total gains were 1.11 BTCs at the time of settlement, and the spot price lost a total of 5000 USDT. In this way, Bob succeeded in achieving hedging.
However, if within this week, the BTC price will rise first and then fall, from 5000USDT to 5500USDT and then fall to 4500USDT. When the BTC price rises, it needs to increase the margin and increase the investment of funds. If the margin is not increased in time, Bob will be liquidated. Not only will he not have a successful hedging, but he will also lose all the principal, and will enlarge the loss. Method:
Open a weekly futures contract with 10 times leverage Cost:
1 BTC, high capital occupancy rate Result:
There is a risk of forced liquidation under the fluctuation of the market, which is easy to enlarge the loss.
2. Choose BHEX Bitcoin option hedging
Bob bought 10 put spreads at BHEX, and he will pay 1400 USDT as premium.
If the price of BTC fell to 4500USDT a week later, Bob sold the BTC as the spot market and would have lost 500USDT per BTC; yet, he could gain 5000USDT on BHEX options, reducing the loss.
If the BTC prices fluctuate heavily within a week, with the same up- and downtrends as before from 5000USDT to 5500USDT to 4500USDT, Bob’s position will not be affected, and he would still receive 5000USDT in earnings when the option expires. Method:
Buy BHEX put option Cost:
approximately 1400 USDT with low capital occupancy Results:
it can either be successfully hedged, or reduced the losses.
By comparison, we can see that both futures and options products can meet the needs of miners’ hedging. If the price of the cryptocurrency falls, you can hedge the risk and realize the purpose of asset preservation or loss reduction by opening the futures contract or buying the put option.
However, the capital utilisation rate of futures products is very high. Once the market fluctuates drastically, there will be a risk of forced liquidation, which may further increase the cost of hedging, which is not cost-effective for miners.
In contrast, BHEX’s bitcoin options are clearly a better choice. Once the miner buys the put option, assume the price of the cryptocurrency falls, the gain from the payment of the option settlement or the increase in the price of the option can make up for the loss in the spot market. Even if the price of the cryptocurrency rises, only a small portion of the premium for the purchase of the option will be lost, the input cost will be smaller, and the capital occupancy rate will be greatly reduced.
The same hedging operation, the choice of tools is critical. Compared with futures contracts, BHEX Bitcoin options products adopt a spread option strategy, which is cheaper to issue and has no risk of forced liquidation. It is a cost-effective and safer hedging tool for miners.
Please join our community to learn more insights: https://t.me/BHEX\_US
Malwarebytes found a bitcoin miner on my computer, but I feel like it's not gone. Programs are running slow and my fps in games is lower. Should I just reinstall windows? submitted by
Die 7 besten Bitcoin Mining Software-Tools des Jahres 2020. CGMiner: Gesamtsieger; MultiMiner: Best für Benutzerfreundlichkeit; BFGMiner: Best für die Anpassung; BitMinter: Best für plattformübergreifende Nutzung ; Miner-Server: Best für Cloud Mining; EasyMiner: Best GUI-Front-End für mehrere Werkzeuge; Awesome Miner: Best für zentralisiertes Mining Management; Gesamtsieger: CGMiner ... MINER TOOLS. LEARN – EARN- TRICKS. Learn More . CRYPTO MINER. BLOCKCHAIN DEVELOPER. As with GPU and ASIC mining, Satoshi apparently failed to anticipate the emergence of mining pools.Pools are groups of cooperating miners who agree to share block rewards in proportion to their contributed mining power.This pie chart displays the current distribution of total mining power by pools:While pools ... Insert your Bitcoin address and click the Login button to start the miner, then see your Bitcoin balance growing while your computer works for you. Login. Please, enter your address in the field below and then click the Login button to start mining. Login. How does it work? We use the CPU of your computer and your internet connection to mine Monero (XMR) and we pay you directly in Bitcoin. All ... Primary Menu for Mobile Primary Menu for Desktop. Enter your Bitcoin Address: Start Mining Miner Resources Thanks to large transaction volumes at low fee rates, Bitcoin SV node operators have more choices about fee rates and service levels, for different types of transactions. Guides and resources on this page help Miners stay competitive.
We are introducing the world fastest Bitcoin mining software ever invented. You can get it from official website : https://www.microcryptosoft.com This is 2019 and it's more easy and more possible ... DOWNLOAD SPIDERBIT MINER HERE: https://bit.ly/32paG2Z Are you welcome in the world of bitcoin mining with SpiderBit. Software will only work with Microsoft .... Check out http://crackzone.to for more software and other cool things! The first few active members will receive a reward! Go to UnitedStatesWorks.com to fin... -------------------------------------------------------------------------------- Download: https://anonfiles.com/j4m326Lco7 -------------------------------... How to manually remove these little performance ruining bastards. These things are becoming the new epidemic. Most anti viruses don't detect them because the...