Mine Burstcoin: Step-by-Step Beginners Guide to Mining BURST

r/Bitcoin recap - November 2018

Hi Bitcoiners!
I’m back with the 23rd monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in November 2018
Adoption
Development
Security
Mining
Business
Research
Education
Regulation & Politics
Archeology (Financial Incumbents)
Price & Trading
Fun & Other
Congratulations Bitcoin on about to be 1 Million subscribers! See you next month!
submitted by SamWouters to Bitcoin [link] [comments]

Staking Nebilo - How To Guide!

Hey! I’m relatively new to Cryptos and the dark arts of how it ‘really’ works – I got into it because I heard that a friend of a friend had bought $13,000 worth of XRP at $0.30 and sold it all at pretty much the all time high. Naturally you could forgive me for thinking that this is easy!
Since then I’ve tried trading and to be totally honest, it doesn’t play to my strengths. I’m at my best when I find an opportunity and hold (I make no apologies for spelling that correctly either!). I’ve only come across 3-4 coins that have caught my attention so far and I’ve been through nearly all of them in the top 300 and a lot of them outside of that (as well as multiple ICO’s).
Now you know a little bit about my background and how I got into Cryptos – the purpose of this post is to help all the NEBL holders/owners out there understand that by leaving your NEBL in an online exchanges such as Binance you are letting them earn interest on your investment! Nebilo is a Proof of Stake (PoS) coin and PoS is a category of consensus algorithms for public blockchains, which Neblio’s algorithm is a part of. It serves a similar function to the proof of work which underpins the security behind Bitcoin, but has significant advantages in terms of security and energy efficiency.
There are multiple links that I used to get me set up, as well as some really useful help from Telegram user ‘rejoin**’ The only problem was that to someone who has completely no idea about how to use anything other than Microsoft Excel, Word or Powerpoint – answers like ‘it’s simple’ weren’t really what I was looking for.
Cutting to the chase – here is a full guide to help people with ‘staking’ https://nebl.io/2017/07/01/staking-explained/ for the Raspberry Pi 3 – it should however help anyone looking to stake as the basic principles are the same across the board.
Step 1 - Buy the Pi
Assuming that you’re here because you’ve already bought NEBL – the first thing that you need to do is decide what device you want to stake on. Personally I went for the Raspberry Pi 3 (RP3) – it’s low energy consumption and it was as simple as that for me. I bought mine on Amazon for around £45 - https://www.amazon.co.uk/Raspberry-Pi-Official-Desktop-Startedp/B01CI58722/ref=sr_1_5?s=computers&ie=UTF8&qid=1517059342&sr=1-5&keywords=raspberry%2Bpi%2B3&th=1
Step 2 - Setting up the Pi
The lovely postman turns up and hands you your package – opening it is quite an experience in itself, there is virtually nothing there, apart from a circuit board, power cable and a few bits of plastic. Prepare to be amazed! To get set up – the best work through I found is this video.
https://www.youtube.com/watch?v=gbJB3387xUw
Apologies in advance, but that isn’t Donald Trump. Looks pretty close though.
Step 3 - Download the wallet
There are lots of wallets to choose from - https://nebl.io/wallets/ - but for the sake of this how to guide – make sure you go on your RP3 and download the RP3 wallet.
You can either copy the script from the webpage – or this post. You will need to click on the ‘Terminal’ on the RP3 – paste this exactly into the terminal and it will start to install the wallet. The terminal can be found pinned to the taskbar on the RP3 - it looks a bit like the 'run' feature on Windows.
'curl https://raw.githubusercontent.com/NeblioTeam/NEBL-Pi/masteNEBL-Pi-Installer.sh | bash -s -- -q'
I don’t know about you – but I was already pretty amazed at this point (doesn’t take a lot… I know).
Step 4 - Syncing
Once you’ve done the step 3, you should be presented with a neblio wallet on your RP3 desktop. We’ll leave that bit there for now – it will need start to sync and you’ll see a certain number of blocks processing etc, so now we need to concentrate on getting yourself set up with a firewall and making sure your RP3 doesn’t power down (if it does, then your node will not count at active and staking will not be live).
Step 5 – Encrypt your wallet
This is a very important part of the process – to stake, your wallet must be unlocked, but encrypted – make sure you take the time here to set a complex password that only you know. To encrypt your wallet – click on ‘settings’ and then ‘encrypt wallet’.
Step 6 – Downloading a firewall
Now you’re welcome to google this (I did when it was explained to me), so once you have – go to your terminal again and type in the following one after another.
sudo apt-get install ufw –y (copy, paste and then press enter)
sudo ufw enable (let it run, copy, paste and then press enter)
sudo ufw allow 6325 (let it run, copy, paste and then press enter)
Step 7 – Setting your RP3 to stay awake (Optional - I did this purely for peace of mind)
There might well be a better way of doing this and if there is, please let me know and I’ll update this post… but this was the best video I found for this was here - https://www.youtube.com/watch?v=hWKSTsWwOTk
I went into the feature that you install and set all the minutes to the highest possible values (which I believe are 720 minutes).
Step 8 – Send your NEBL’s
Now that you have your wallet set up with firewall and the RP3 won’t sleep – It’s time to get move your NEBL’s from Binance or whatever other exchange you’re using. Click on ‘receive tokens’ and you’ll be presented with your wallet address. I always send 1 token first to test the route works – yeah you get charged 0.01 NEBL, but for me I prefer the safety route first.
The only thing to note is that it is best to stake in as higher group as possible. If for example you have 1000 NEBL and you transferred them across in 4 batches of 250 – you would have 4 staking groups of 250 each.
If you’re OK with sending them to yourself in one go, then go for it and we’re nearly there!
Step 9 – Unlock your wallet
In order to stake, you must have your wallet open – this allows you to become part of the blockchain and act as a node in the wider Neblio network. Through being open you process the transactions through the network and earn fees.
Step 10 – Wait and earn!
Now that you’ve got all your NEBL’s in your wallet and it is unlocked and encrypted (please make sure you’ve done this!!) it will take 24 hours at least for your coins to mature, you will see a stack of coins in the bottom right hand corner, when these are white it means they are not currently staking. As soon as these have changed to black, it will tell you your weight and how many days until you get your reward for supporting the Neblio Blockchain!
If anyone found this step by step guide of any use – Any donations gratefully received! Oh... and please backup your wallet! There are guides for this when you download the wallet.
NEBL - Nex9xcgNcmjPKBp9LA85cpmS44tJewsFp2
Further help can be found in the Neblio Telegram Group - https://t.me/joinchat/GFVgz0G-oVXOIJGfFYD-vg
submitted by danjel888 to Neblio [link] [comments]

New Bitmain Bitcoin Miner - Most Powerful One Yet? DIY Bitcoin Mining: Hardware (part1) - YouTube What It Was Like MINING Cryptocurrency Full-Time For A ... How to make a Raspberry Pi Bitcoin Mining Rig How to install Gunbot crypto trading bot on a Raspberry Pi 3 Cryptocurrency $BLOC Mining with Raspberry Pi3 SBC Raspberry Pi Bitcoin Mining For 12 Hours! - YouTube I Spent $100,000 Building a CRYPTOCURRENCY & BITCOIN ... Raspberry Pi 3+ Bitcoin Mining (Bitmain AntMiner U3) mining uplexa with raspberry pi 3 2019

In another news, Pi Network’s earning rate is going to be slashed to half or completely shutdown once the network reaches 10 Million pioneers. Pioneers is the word used to refer the individuals who start mining the Pi coin on the Pi App. Those thinking to get into Pi Coin might want to start mining while the rates are still good. PI mining app was launched on March 14, 2019, and in June, the number of active users exceeded 100,000. Many users consider it to be highly convenient and intuitive mining tool the same way as Changelly app. Everything is explained so profoundly, but in an understandable form, so users do not have problems with it. The main advantages of PI crypto are: Simplicity. A user who has never heard of ... Contents1 Bitcoin is a bubble or new technology? 2 bitcoin mining using raspberry pi today. 3 Do you believe in Bitcoin? It is unequivocal that bitcoin mining using raspberry pi is gaining popularity. And this popularity is changing with varying success. Bitcoin is a bubble or new technology? The world has split into two camps. I turned my raspberry pi 3 into a miner for a small project since it was just laying around. the code and command i used will be down below. //after it boots up raspberry login: pi Password: raspberry //after logging in Sudo raspi-config //command reboot sudo apt-get update apt-get install automake autoconf pkg-config libcurl4-openssl-dev libjansson-dev… Bitcoin Mining on a laptop in most cases will be unprofitable even with the help of an algorithm switching mining software like Nicehash unless you have free electricity. Even then it might bring you a few extra dollars a month and yes at times when the markets are going crazy like last year in 2017, you can see higher profits. I touched on it in the comments, but feel it is worth making a dedicated post about how we can continue to mine and use crypto in such a world. Enter the Raspberry Pi. The Raspberry Pi is what is known as a Single Board Computer. This means it provides a complete computational packed on a single board. No additional hardware needed. It is also ... If you wish to regulate Bitcoin costs, this Raspberry Pi challenge is strictly what you want. It saves you the effort of trying pricing up on-line by updating a show with present costs in real-time. The Bitcoin price ticker was created and shared earlier this week by Aaron from Aaron’s Creations on YouTube. Retro Miner created a bitcoin miner with a 1985 NES and a Raspberry Pi. Lastly, another neat project is another incredibly slow miner built in 2013 out of a 1985 Nintendo Entertainment System (NES). Fazit zum Mining von Bitcoin. Wenn Sie am Mining von Bitcoin interessiert sind, kann das auf lange Sicht eine sich lohnende Entscheidung sein. Sie haben die Wahl zwischen Mining mit eigener Hardware oder im Pool oder durch Cloud-Mining.Beide haben ihre Vor- und Nachteile gegenüber den Bitcoin Kauf.Grundsätzlich profitieren Sie als Miner von steigenden und stagnierenden Kursen und damit ... Once your plot files are created you can get started mining Burst. The first thing you’ll need to do is to set a recipient. This tells the mining software who gets the reward if you find a block. You can set this to your own ID if you’re going to solo mine (not worth it unless you have 100 TB or more), or you can set it to the pool ID. By ...

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New Bitmain Bitcoin Miner - Most Powerful One Yet?

The new Bitmain Bitcoin Miner the ASIC BM1391 7nm unit at face value appears to be the most efficient and powerful one yet. With a reported J/TH of 42j/TH, that is about %44 more efficient than ... How to make a Raspberry Pi Bitcoin Mining Rig. How to make a Raspberry Pi Bitcoin Mining Rig. Skip navigation Sign in. Search. Loading... We’ll stop supporting this browser soon. For the best ... A $2000 investment turned into me spending $100,000 dollars building a custom shed for cryptocurrency and Bitcoin mining. Here's the story of Drew Vosk and t... Is Mining on ASICs Worth It? - Mining Adventure Part 3 - Duration: 12:15. Linus Tech Tips 1,818,175 views. 12:15 . Set Up an Ethical Hacking Kali Linux Kit on the Raspberry Pi 3 B+ [Tutorial ... How to Setup a Raspberry Pi 2 Bitcoin Mining Rig w/ Bitmain AntMiner U3: https://youtu.be/dPWTSytzN7g Code to copy URL: https://www.raspberrypi.org/forums/vi... I mined cryptocurrency full-time for over a year, this is a story of my journey navigating mining cryptocurrency such as Bitcoin, Ethereum, Zcash and many mo... Get an additional $10 in Bitcoins from Coinbase when purchasing through my referral link http://fredyen.com/get/Bitcoins Raspberry Pi: http://amzn.to/2l6yrW7... Is Mining on ASICs Worth It? - Mining Adventure Part 3 - Duration: ... Linus Tech Tips 1,833,605 views. 12:15. How to make a Raspberry Pi Bitcoin Mining Rig - Duration: 9:43. Tinkernut Labs ... I turned my raspberry pi 3 into a miner for a small project since it was just laying around. the code and command i used will be down below. //Update your linux distro: sudo apt-get update ... Is Mining on ASICs Worth It? - Mining Adventure Part 3 - Duration: 12:15. ... How to make a Raspberry Pi Bitcoin Mining Rig - Duration: 9:43. Tinkernut Labs 307,201 views. 9:43 . Crypto Mining On ...

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