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 Fastest Bitcoin Mining 1PH/s available Xcoinmining

Fastest Bitcoin Mining 1PH/s available Xcoinmining

When the mempool empties, why don't miners mine the 0.999 sat/vB TXNs? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

@binance: Block 629,999, the last 12.5 #Bitcoin reward block prior to the halving, contained the message: "�R🐟NYTimes 09/Apr/2020 With $2.3T Injection, Fed's Plan Far Exceeds 2008 Rescue Mined �^H"

@binance: Block 629,999, the last 12.5 #Bitcoin reward block prior to the halving, contained the message: submitted by rulesforrebels to BinanceTrading [link] [comments]

Nvidia Titan V GPU launches for a price of $2,999 to speed up AI processing (and bitcoin mining)

Nvidia Titan V GPU launches for a price of $2,999 to speed up AI processing (and bitcoin mining) submitted by bitnewsbot to bitnewsbot [link] [comments]

Discus Fish mined a 999,996 bytes block. What is the biggest bitcoin block ever mined? What is the maximum number of transactions ever included in a bitcoin block?

Discus Fish mined a 999,996 bytes block. What is the biggest bitcoin block ever mined? What is the maximum number of transactions ever included in a bitcoin block? submitted by mably to Bitcoin [link] [comments]

Fun with low fee TXNs on Mainnet

Here's a 0.493 sat/vB TXN I put on mainnet today. You'll have to use the SoChain block explorer to see it though. I give it a 3% chance of getting confirmed, but we'll wait and see. The TXN is a donation to Addy@Bitnodes since I use their seeder for my network herder.
So last month, I voiced the unpopular opinion that node operators should lower the minrelaytxfee setting to allow low-fee TXNs to propagate more freely throughout the network. Then I asked why miners weren't mining 0.999 sat/vB TXNs during idle periods since it should be more profitable than mining no TXNs at all. Finally I wrote a node herder to walk the network looking for node operators that were running minrelaytxfee below the default (1000 sat). After walking about 26% of the network, turns out about 5% of nodes are allowing low fee TXNs.
So in that vein of discussion, I decided to just sign some low-fee TXNs and send them to the 5% of nodes I found and see what happens. To my surprise it showed up on one of the 23 block explorers I tried after broadcasting it. Surprisingly, that comes out to about 5% of explorers accepting low fee TXNs as well. So hopefully 5% or so of the miners will confirm low fee TXNs. We'll see.
BTW, to do this, this is what I did.
  1. Pair my HW wallet to Electrum
  2. Use the paytomany Electrum API to craft a TXN below 1 sat/vB
  3. Import the TXN to sign in Electrum
  4. Ran a full node with minrelaytxfee set to 1 sat (0.001 sat/vB)
  5. Walked the network to find a good number of low-fee peers
  6. Use bitcoin addnode API to herd my node to the low-fee peers I discovered.
  7. Use bitcoin sendrawtransaction API to broadcast TXN
Wait and see if it can propagate to a miner and if a miner will accept it.
BTW, there is a PR to lower the minrelaytxfee in core, but it's dragged on for years. The setting was lowered about every year or so in the early days, but hasn't been touched for many years now.
submitted by brianddk to Bitcoin [link] [comments]

Bitcoin "monetary policy" = guaranteed failure

I often see Bitcoin users tricking new people into thinking that Bitcoin is a store of value because of it's monitory policy (only a certain number of coins will ever exist). This is a scam because this hard cap is the reason why Bitcoin is guaranteed to fail.
We currently have a $29 per transaction subsidy due to block rewards.
~900 BTC mined per day. ~337,000 transactions per day. ~0.0026706231454BTC ($29) subsidy per transaction
What happens when transaction fees are no longer subsidized by block rewards? In order to maintain our current level of network security, users must pay an extra $29 per transaction (assuming BTC price is $11,000 and TPS is 3.9).
Scenario 1
99.999% of the world stops using BTC because they can't afford to pay an extra $29 per transaction.
Scenario2
most people stop making on-chain transactions, only transacting on L2. This forces small miners to leave (only leaving huge super efficient mining farms), significantly decreasing network security and increasing centralization. Eventually the only people mining BTC will be those who have literal free electricity (power plant owners, governments etc).
submitted by safety_68080s to Buttcoin [link] [comments]

09-28 01:06 - 'INTERESTED IN BUYING BTC / Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms. Roughly every ten minutes a specific number of newl...' by /u/SeniorAgent47 removed from /r/Bitcoin within 387-397min

'''
INTERESTED IN BUYING BTC
Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms. Roughly every ten minutes a specific number of newly-minted bitcoin is awarded to the person with a mining machine that is quickest to discover the new block. These days, every miner needs to mine through a mining pool. Whether you are mining with one machine, or several thousand, the network of Bitcoin mining machines is so large that your chances of regularly finding a block (and therefore earning the block reward and transaction fees) is very low. INTERESTED IN FLIPPING YOUR COINS AND PROFIT UNBELIEVABLE BUT TRUE IT WORKED FOR ME AND NOW I CAN BRAG OF INVESTMENTS AND CONFIRMED TRADES WITH VARIOUS PEOPLE ON THIS PAGE . INVESTMENT PLS CONTACT : (385) 254-7202
'''
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submitted by removalbot to removalbot [link] [comments]

18.1 million bitcoin down, 2.9 million to go!

The number of bitcoin remaining to be mined gets smaller and smaller every day. You will have individuals, corporations, and governments all competing on the world stage to mine the rest. That should give anyone pause as you reflect on how hard it will be to get your hands on them.
Stay humble, stack sats my friends. Have a great weekend!
submitted by jgun83 to Bitcoin [link] [comments]

09-26 13:55 - 'Multiply your Bitcoin, Ethereum, Litecoin and Dogecoin / Start mining and increase your cryptocurrency capital today!' by /u/omoecrux removed from /r/Bitcoin within 46-56min

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Multiply your Bitcoin, Ethereum, Litecoin and Dogecoin
Start mining and increase your cryptocurrency capital today!
'''
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submitted by removalbot to removalbot [link] [comments]

09-24 07:24 - 'Hey indomitus, you can increase your steady income earning from bitcoin mining and trading from a legit sources ( [link] )' by /u/kellypolus removed from /r/Bitcoin within 86-96min

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Hey indomitus, you can increase your steady income earning from bitcoin mining and trading from a legit sources ( [link]1 )
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1: ww*.**cebook.com**ell*p*lus
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Swipe Launches Network Staking and DeFi on Binance Smart Chain with Swipe Governance

Swipe Launches Network Staking and DeFi on Binance Smart Chain with Swipe Governance

https://preview.redd.it/ozt2j8wm9de51.jpg?width=1280&format=pjpg&auto=webp&s=77ffe561b0566f967acbac296508c6a96a9ce6e7
London, United Kingdom — Swipe is proud to announce that it has launched its test network for Swipe Network Staking and will launch a Decentralized Finance Lending/Earn application on Binance Smart Chain. Swipe, which was recently acquired by Binance, has garnered enormous growth over the past month in all avenues of its business and plans to launch a new product, feature, event, listing, or partnership every week until the end of the year.
Summary:
  • Testnet Staking Launched with testnet SXP on Ropsten
  • 12% APY for SXP Staking
  • DeFi coming to Binance Chain with BTC, ETH, BNB, SXP, BUSD, and TUSD collateral for borrowing/supplying
  • Swipe Governance Token airdrop to SXP Holders
  • Liquidity Mining on Binance Chain
  • New announcements weekly

Swipe Network

The Swipe Network (swipe.org) is the payment protocol that enables real-time crypto-to-fiat conversions for all of Swipe’s products and services (Wallet, Card, & Issuing). With the launch of the Swipe Network testnet, users can use the Swipe Faucet to grab testnet-SXP to use on the decentralized finance application.
Users will be able to bond SXP to the Swipe Network smart contract as collateral to ensure the guarantee of conversions for these exchanges. Since Swipe facilitates real-time conversions on-demand, there is a reserve system in place to lock SXP and guarantee that the merchant and payment networks receive the exact fiat amount that it processes. Most of these processes occur off-chain and are guaranteed by Swipe at the moment, but now can be bonded by the community and on-chain.
Users will receive 12% APY on their staked SXP within the Swipe Network. Swipe plans to enable staked SXP to earn the processing fees it charges in the future as well on top of the collateral rewards from staking. The main network for swipe.org will be launched in two weeks. Users can access the testnet from: https://testnet.swipe.org with a public faucet being released in the next few days. To promote the usage of Swipe Network, Swipe will be partnering with exchanges that will offer staking and enhanced initial rewards and will be announced soon.

Swipe Finance (SwipeFi) & SGV — Lending/Earning DeFi App built on Binance Smart Chain controlled by the community by the Swipe Governance Token (SGV) and Liquidity Mining.

Swipe is proud to announce its plans to launch a DeFi App on Binance Chain called SwipeFi which will enable Binance Chain tokens to be used to earn interest on their supply of collateral to the protocol and borrow against their collateral directly on the Binance blockchain. Swipe has been working with the core developers of Binance Smart Chain through the acquisition and partnerships between Swipe and Binance, to launch SwipeFi.
Users have witnessed historical highs in transaction fees, gas costs, and delays using the Ethereum blockchain for Decentralized Finance (DeFi). Bringing a complete lending/earn protocol using the battle-tested open-source protocols, such as Compound, to Binance chain gives users an immense value proposition.
Bitcoin, Ethereum, and other assets are already wrapped and issued on Binance Chain and are verifiable on their native blockchains for cross-compatibility, which will give exposure to use these assets for supplying and borrowing from SwipeFi. There are stablecoins such as BUSD, TUSD, and others that are also guaranteed on their native chains, which are wrapped and issued on Binance Chain already. Therefore, the base layer of the collateral needed to start a project of this magnitude already exists. Binance.com offers simple on and off-ramps for converting the Binance chain version to the native version (example: BTCB to BTC and vice versa) as well as SwipeFi plans to open up decentralized bridges for this wrapping.
Transactions on Binance Chain are considered one block finality, take less than ~5 seconds to complete, and cost a fraction of the price that it would cost on Ethereum. This will make DeFi transactions seamless and efficient.
SwipeFi will initially support BTC, BNB, ETH, BUSD, TUSD, and SXP to supply or borrow. The protocol will be governed by a new Binance Chain BEP2 token: Swipe Governance Token (SGV). SGV will be used on the protocol to vote on proposals and governance decisions while earned through liquidity mining so that the supplier and borrowers of the protocol can be incentivized to participate in governance as well. There will be a total supply of 10,000,000 SGV ever in existence.
On August 17, 2020, at 00:00 UTC, there will be a snapshot of SXP balances. There will be a distribution of 1 SGV per 100 SXP.
This will give an initial supply of approximately 2,999,700 SGV with the remaining SGV to be mined via Liquidity Mining by supplying and borrowing on the protocol over a 5 year period.
There will be no SGV sold or allocated to the team aside from what they already hold in SXP. This will enable users to mine over 70% of the total SGV supply over a five year period. Swipe will release the SwipeFi white paper and governance details by August 10, 2020, with plans to launch a testnet in September.
---
Stay up-to-date with all the latest news from Swipe
Website: https://swipe.io
Twitter: https://twitter.com/SwipeWallet
Facebook: https://facebook.com/Swipe
Instagram: https://instagram.com/Swipe
Medium: https://medium.com/Swipe
Telegram: https://t.me/SwipeWallet & https://t.me/Swipe
LinkedIn: https://www.linkedin.com/company/swipewallet
YouTube: https://youtube.com/SwipeWallet
submitted by SwipeWallet to Swipe_io [link] [comments]

09-15 16:36 - 'Came here to say that $MARA (marathon patent group) will rocket. They are #1 biggest US crypto mining co. They are also a venture capital & private equity firm as subsidiaries. The QUANTITATIVE EASING will devalue the USD...' by /u/kpchicken2 removed from /r/Bitcoin within 0-10min

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Came here to say that $MARA (marathon patent group) will rocket. They are #1 biggest US crypto mining co. They are also a venture capital & private equity firm as subsidiaries. The QUANTITATIVE EASING will devalue the USD$ and thus all these bankers are looking else where to part their money before devalue hits. BTC is the future.
Furthermore, Fed. Res. Is trying to make all USD digital so that they can better control your life. In August, they partnered up with MIT attempting to create digital currency infrastructure. BTC is the future.
'''
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Author: kpchicken2
submitted by removalbot to removalbot [link] [comments]

08-31 08:38 - 'Lightning is great for smaller transactions but it probably doesn't have the liquidity right now to handle a 1 BTC, aka 100,000,000 sat payment - very few nodes would have that much liquidity in a channel to route it. / B...' by /u/NimbleBodhi removed from /r/Bitcoin within 668-678min

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Lightning is great for smaller transactions but it probably doesn't have the liquidity right now to handle a 1 BTC, aka 100,000,000 sat payment - very few nodes would have that much liquidity in a channel to route it.
Besides, for that large amount you'd probably want it on-chain anyways and wouldn't be much paying the 20 cents or so mining fee.
'''
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Author: NimbleBodhi
submitted by removalbot to removalbot [link] [comments]

08-31 07:38 - 'I would appreciate if you explained how I'm wrong. I once wrote a Bitcoin miner (which connects to a stratum mining pool), and have dived quite deep into the math, data structures and algorithms behind Bitcoin, so I think I kn...' by /u/mort96 removed from /r/Bitcoin within 475-485min

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I would appreciate if you explained how I'm wrong. I once wrote a Bitcoin miner (which connects to a stratum mining pool), and have dived quite deep into the math, data structures and algorithms behind Bitcoin, so I think I know what I'm talking about, but I'm always receptive to a well-reasoned explanation of how I'm wrong so that I can learn something new.
'''
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Author: mort96
submitted by removalbot to removalbot [link] [comments]

08-31 08:29 - 'You could argue that the trust is not absolutely zero because there is still a tiny possibility that miners which are naturally competing against each other cooperate and reach 50%+ *stable* mining power for long period of...' by /u/fkee31e70c removed from /r/Bitcoin within 649-659min

'''
You could argue that the trust is not absolutely zero because there is still a tiny possibility that miners which are naturally competing against each other cooperate and reach 50%+ stable mining power for long period of time .... and be the biggest loser after devaluing bitcoin by double spending while being one of the biggest stake holders in bitcoin (I can't even imagine the investment to maintain stable 50%+ mining power of long period of time).
And it's the same with developers, if you don trust them and they do something controversial, bitcoin forks and you use the forked blockchain if you prefer (and sell the coins on the fork you dont like for sweet profit).
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Author: fkee31e70c
submitted by removalbot to removalbot [link] [comments]

09-27 14:25 - 'Well I have also mine a lot of coins and never lost my coins, I got a secured and standard method to flip your coins and make double I’m sure you’ve heard about it. Yes It’s more like forex but even easier. Interested pe...' by /u/SeniorAgent47 removed from /r/Bitcoin within 97-107min

'''
Well I have also mine a lot of coins and never lost my coins, I got a secured and standard method to flip your coins and make double I’m sure you’ve heard about it. Yes It’s more like forex but even easier. Interested people only, please no games. And it would be. I’ve doing business with me. contact : (385) 254-7202 Or write me on my mail. Randysparks314@gmail.com
'''
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Author: SeniorAgent47
submitted by removalbot to removalbot [link] [comments]

[WTS] $10 Gold Liberty’s,, 9.46 troy oz Canadian Junk @ SPOT, 1 oz rounds @ $2 over spot, 14k gold chains and bracelet, Alaska Gold Nugget, Apollo 11 - 1 oz

Proof: https://imgur.com/a/EtghQRQ
Spot price is currently $28.30 for silver and $2,035.21 for gold according to silverprice.org and goldprice.org
$10 Liberty Gold Eagle, 1894, 1901, 0.48375 oz AGW - $1020 Each LOW PREMIUM
9.46 Troy Oz ASW, Canadian Junk Lot, $5.90 FV - 80% Dimes, $9.5 FV - 80% Quarters, 2 - 50% quarters and 1 - 50% Dime - SPOT = $267.71
1962 Canada $1 Silver, 0.60 TROY OZ ASW - $18
1 oz. Highland Mint Silver Round - Seated Liberty Design .999 Fine - SPOT + $2 SOLD
2 - 1 oz Incuse Indian Silver Rounds 1929 - SPOT + $2 SOLD
Liberty Mint – U.S.S. Constitution Honest Value Never Fails 1 oz Silver Coin - SPOT + $1.75 SOLD
Apollo 11 50th Anniversary 2019 Proof Silver Dollar - 1 oz - $45* SOLD
1 oz 2013 Canadian Pronghorn Antelope Silver Coin - 1M Minted - Low - $35
Gold Nugget, 1.37 grams, 22-24K Purity, ElDorado Gold Mine, Fairbanks Alaska - $120 SOLD
All jewelry is in great condition, no kinks, tangles, etc unless stated otherwise
14K Chain - 30”Inches Ling - 17.94 grams - $770 SOLD
14K Bracelet - 8-8.5” Inches Long - 4.47 grams - $195 SOLD
14K Italy Chain/Necklace - 24”Inches Long - 5.03 grams - $215
925 Sterling Silver Bracelet 2.5” Diameter - $20
925 Sterling Silver Beaded Bracelet - 8”Inches Long - $30
Tom Hawk 925 Sterling Silver Cuff Bracelet - $60
The cuff bracelet measures 6.75 inches (inside circumference) with a gap of 1 inch. The bracelet is approximately .75 inches wide
Siam Sterling Silver Bangle Bracelet Etched Design Pattern - $55
925 Liquid Silver 30 Strand Necklace With 10 Strand Earrings - $60
Willing to work with you, I will consider all trades for any gold or silver
Payment
I accept PayPal Friends and Family, Zelle, Venmo, Cash App, Zelle, Google pay
Bitcoin and other crypto currencies now accepted
Shipping
0-4 oz - $4 5-8 oz - $4.25 9-12 oz - $6 Priority shipping =$8, Stamped envelope - $1, medium flat rate box = $15
•Signature Confirmation $3 (Optional)
•Insurance is also available at buyers expense.
•I pack safely and discretely.
•Prices are subject to change at any moments notice.
•Message me if you have any questions.
•All packages will be dropped off on Monday.
•Once I drop the package at the post office I’m not responsible for USPS mistakes or losses
submitted by Redditaccount1543354 to Pmsforsale [link] [comments]

08-15 15:15 - 'ETH and monero but ETH mining ends soon so your better to just buy and hold at this point you will never recoup your $5 grand mining just but Bitcoin or chainlink and hold on to it' by /u/Bloodsport121 removed from /r/Bitcoin within 21-31min

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ETH and monero but ETH mining ends soon so your better to just buy and hold at this point you will never recoup your $5 grand mining just but Bitcoin or chainlink and hold on to it
'''
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submitted by removalbot to removalbot [link] [comments]

Bitcoin Network Status Update Wednesday, September 16, 2020

Status of the Bitcoin network as of Wednesday, September 16, 2020 at 12:00:01 EST:

Total bitcoins: 18,491,171.044971
Height: 648,600
Difficulty: 17,345,997,805,929.089844
Statistics for the past 24 hours:
Number of blocks mined: 167
Total bitcoins output (amount sent): 3,235,728.265075
Total fees: 79.255568
Average time until block found: 8 minutes, 37 seconds
Estimated hashrate: 143,999,796,036.332977 gh/s
Current price: US$11,015.91
Data provided by Smartbit.com.au. Price data provided by Coinbase.com.
I am a bot. My commands | /crypto_bot | Message my creator | Source code
submitted by crypto_bot to Bitcoin [link] [comments]

09-20 16:25 - 'dumb idea to pay 4 usd in fees for a 2 usd drink... use monero, im sorry, but its just superior. 1-5 cents fee per transaction, fully private, softcapped so it wont die after last one is mined' by /u/cerpadlo removed from /r/Bitcoin within 37-47min

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dumb idea to pay 4 usd in fees for a 2 usd drink... use monero, im sorry, but its just superior. 1-5 cents fee per transaction, fully private, softcapped so it wont die after last one is mined
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Author: cerpadlo
submitted by removalbot to removalbot [link] [comments]

[WTS] $10 Gold Liberty’s, $2.50 Liberty Quarter Eagle, 9.46 troy oz Canadian Junk @ $1.85 over spot per oz, silver, 1 oz rounds, ASE, Maples, Krugerrand, Philharmonic, 1886 S $1, 14k chains, Alaska Gold Nugget

Proof: https://imgur.com/a/Cd4y1ZH
$10 Liberty Gold Eagle, 1894, 1901, 0.48375 oz AGW - $1030 Each LOW PREMIUM
1907 - $2.50 U.S Liberty Gold Quarter Eagle - $365
9.46 Troy Oz ASW, Canadian Junk Lot, $5.90 FV - 80% Dimes, $9.5 FV - 80% Quarters, 2 - 50% quarters and 1 - 50% Dime, $1 over spot per ounce - $255.42
1962 Canada $1 Silver, 0.60 TROY OZ ASW - $16
1987, 1992, 1993 American 1 oz Silver Eagles, Key Dates - $30 Each SOLD
2014, 2009 - 1 oz American Silver Eagles - $29 Each SOLD
2 - 2020, 2016 1 oz Canada Silver Maple Leafs - $28 Each SOLD
2020 1 oz Austria Silver Philharmonic - $27.50 SOLD
2020 South Africa 1 Oz Silver Krugerrand - $27.50 SOLD
1 oz. Highland Mint Silver Round - Seated Liberty Design .999 Fine - $28.75
2 - 1 oz Incuse Indian Silver Rounds 1929 - $28.75
Liberty Mint – U.S.S. Constitution Honest Value Never Fails 1 oz Silver Coin - $28
Walking Liberty 1 Troy Oz round - Money Metals Exchange - $27 SOLD
Walking Liberty 1/2 Troy Oz round - Money Metals Exchange - $13.15 SOLD
5 - Walking Liberty 1/10 Troy Oz Rounds - Money Metals Exchange - $3 Each SOLD
Apollo 11 50th Anniversary 2019 Proof Silver Dollar - 1 oz - $50
1 oz 2013 Canadian Pronghorn Antelope Silver Coin - 1M Minted - Low - $30
Gold Nugget, 1.37 grams, 22-24K Purity, ElDorado Gold Mine, Fairbanks Alaska - $120
1886 S Morgan Silver $1 Dollar Key Date - $50 SOLD
All jewelry is in great condition, no kinks, tangles, etc unless stated otherwise
14K Chain - 30”Inches Ling - 17.94 grams - $770
14K Bracelet - 8-8.5” Inches Long - 4.47 grams - $195
14K Italy Chain/Necklace - 24”Inches Long - 5.03 grams - $215
Willing to work with you, I will consider all trades for any gold or silver
Payment
I accept PayPal Friends and Family, Zelle, Venmo, Cash App, Zelle, Google pay
Bitcoin and other crypto currencies now accepted
Shipping
0-4 oz - $4 5-8 oz - $4.25 9-12 oz - $6 Priority shipping =$8, Stamped envelope - $1, medium flat rate box = $15
•Signature Confirmation $3 (Optional)
•Insurance is also available at buyers expense.
•I pack safely and discretely.
•Prices are subject to change at any moments notice.
•Message me if you have any questions.
•All packages will be dropped off on Tuesday or Wednesday.
•Once I drop the package at the post office I’m not responsible for USPS mistakes or losses
submitted by Redditaccount1543354 to Pmsforsale [link] [comments]

08-10 09:25 - '## Cryptocurrency Mining Profitability In 2020: Is It Possible? / [[link]]' by /u/Spiritual-Ad8740 removed from /r/Bitcoin within 0-8min

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Cryptocurrency Mining Profitability In 2020: Is It Possible?

[[link]2
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Author: Spiritual-Ad8740
1: *e*dbinary.com*c*y*tocu*ren*y*mi**ng-p**fitability*in-202**is-it-po*s**le/ 2: *eedb*na**.com*cr*p*o**rrency-mining*p**fi**bilit*-**-20*0-is-it-possible/]*^*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

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