Is mining still profitable? (Opinion)

Recently I bought an Antminer S9 and placed it to run in a mining farm with cheap electricity yesterday. Today I can give you the rates of the last 24 hours and I will update this in January when 16th when I will place my net profit.

In the last 24 hours my miner worked at minimum once 10.5 TH/s and it capped three times at 15.5 TH/s. The miner produced 0.00214329 BTC which at the writing time the price is 41.27$. Now if we make the math we can see the approximate gains: If we multiply 40$ by 30 days we get 1,200$ per month. Let’s say that I will pay 200$ electricity so I should have a net profit of 1000$ if the Bitcoin price does not change. My opinion is that the price will raise even further and this will be very soon so I expect higher incomes. I will use the income I get and the money I currently have to buy another miner and then another one. I want to reach 10 S9 miners and 10 L3+ miners for Ethereum.

If Bitcoin price drops, I will just hold the produced BTC until it raises back to minimum 20,000$. If any one of the readers want proof of work please let me know via comments or email. Please also let me know, are you interested in starting a mining farm? If Bitcoin dies (not likely at all right now but still possible) I can move the S9 to mine some other cryptocurrency with SHA-256 encryption. Also I can sell the miner at any time because the demand is very high, at least in the country where I am currently.

As always, I wish you a happy and productive day,



You think 2017 was year of Bitcoin? Think again

Everyone is saying how 2017 was year of Bitcoin having the biggest growth ever. I say think again, check the below table and think again because this is only the beginning:

Date Bitcoin Price Year-Over-Year Change
March 17, 2010 $0.003 N/A
December 31, 2010 $0.29 9,567%
December 31, 2011 $4.38 1,410%
December 31, 2012 $13.41 206%
December 31, 2013 $817.12 5,993%
December 31, 2014 $302.00 -63%
December 31, 2015 $429.78 42%
December 31, 2016 $958.24 123%
December 12, 2017 $16,699.68 1,643%

Does really 1,643% this year compare to 9,567% in 2010? How about 5,993% in 2013? I know that the year is not done but Bitcoin started to stabilize meaning is not as volatile as before. In all these years Bitcoin was on minus only only in 2014 because of the Mt. Gox fiasco. What growth do you think Bitcoin will have in 2018? In my opinion 2018 has the chance to overthrow the biggest growth until now of 9,567%.

As always, I wish you a happy and productive day,

Pizza which changed the world

Today I am going to talk about the pizza which changed the world.

Since it’s beginning, Bitcoin got mined by some early adopters. Those adopters were mining for nothing because Bitcoin had a value of 0 until someone did it. He managed to buy pizza with 10,000 Bitcoin. This is when Bitcoin value started and thus that pizza started the cryptomania thus changing the world and making lots of millionaires until today and probably in the future.

What do you think? Would Bitcoin be where it is right now if that pizza sale wouldn’t have happened?

As always, I wish you a happy and productive day,


Bitcoin to the moon and beyond!

We are over seven billion and half people currently and only a fraction of that number is using Bitcoin currently.

Check out on Google:

One percent of the world have 99% of the world wealth!

(1%; 1/100=0.01; 0.01*7,600,000,000=76,000,000)

Out of those 1% only few tell you the truth! These people are heroes alive! They want you to have what they have because the truth is that there is enough for everybody!

One percenters about Bitcoin. Check it out, it's awesome!

Google trends, shows the search rates over a period of time. What if #Bitcoin has half of the facebook searches? What price do you think it will have?,amazon,paypal,facebook,google

It’s still early. It’s exactly like email was for postal services. Learn from history. It will have ups and downs but it will raise much more higher in the end. Maybe Bitcoin will crash at some point, but until then you will have a fortune to invest in other things and you will already have other investments.

Check out Amazon all time chart! What is Amazon price now compared to dotcom bubble? Go with the mouse over the line in the chart and it will tell you the price. Check 1990-2002 and check the price now!…527472.529512.0.529633.….0…1c.1.64.psy-ab..0.0.0….0.bA960sJkrg8

What is Bitcoin price compared to Amazon now? 17,440$ vs 1,179.14 at the time of writing this.

Bitcoin had it’s bubble in 2013 and it was man made (people used trading bots to increase the value of Bitcoin to make money, when people found out Bitcoin crashed and it stayed like that until last year, check out Mt. Gox story, the biggest Bitcoin exchange at that time)

Bitcoin is a store of value and right now a great investment. Do not lose the boom, it’s bigger than you can imagine. Even if it crashes it will be back up stronger than ever so do not invest money you need now. That way if it crashes you can wait it to go again up.  Share with everybody if you want this to happen faster! If not, you will just slow the progress but it will still happen sooner or later. Bitcoin is your own bank where you have 100% control. This comes with risks.