Best bitcoin earning and mining site 2020,Unlimited bitcoin earning site
Hey guys ! welcome to my blog some super excited today because I have found the solution to all of yours and my problems.
see I've discovered an Article and it's got some incredible information inside as you can see I am super excited so what's in this Article well it shows us how to mine a Bitcoin in ten minutes .
and I'm like wow this is incredible so let me just show you the video and you can mine a Bitcoin in ten minutes - so I'll discover this video recently and it's quite credible because the Article has had 115,000 views which is incredible that it's got this much success but anyway it so the title is called how to mine .
1 Bitcoin in 10 minutes without investment so I'll just follow along with me and this video and we can all make some bitcoins so just completely ignore the fact that .
it's recorded in bandicam free version we'll ignore that fact or to give up but let's follow the instructions so this is what we need to do so you follow this link and what it does is it takes us to this special web browser miner and then what we need to do from there is we just need to leave that running and -
it counts up roughly about 10 minutes should do it there should be enough for our one Bitcoin then what we need to do from there is we just go a little bit further along the video it will find the solutions we just leave them on around you so yep for all those instructions and no problem at all and then the next part that .
we want to do is we just then need to log into our blockchain account so you guys have probably got a blockchain wallet so that's not going to be a problem for you and then what you need to do next is you go to your blockchain settings you go to your security and you want to backup your security seed phrase of course this gives complete access to your blockchain wallet.
so what you want to do is you want to copy those seed phrases into a nice text file and then what you want to do is those seed phrases you just want to email across to this person and then you will claim your Bitcoin super simple so we go to the website we've run the Maya now we go to a blockchain account we export our security seed phrase and we email a look at that across to a complete stranger and then -
we will receive our Bitcoin obviously this is complete bull is a complete scam and I'm just like shocked that it's you know it's on the YouTube and also that it's got such a higher amount of views if you look down you can actually see I reported this Article and ,
I replied in the comments like two months ago and it's just crazy that there's so many other comments they're sending oh this is working it's complete bull it's complete scam .
so I know this is just a bit of me being humorous do not follow these instructions don't visit this website don't do it any of this it's all complete BS so what I want to actually show you guys is what it would actually take to mine one Bitcoin in ten minutes.
so I'm just gonna go through some of the details that you might need the hardware that you need the investment that you would need and just kind of showcase how much energy money and infrastructure is supporting the Bitcoin network just to give you guys an idea .
so what I'll show you now is what it really takes to my one Bitcoin in ten minutes okay so what does it really take to mine a Bitcoin every ten minutes so a lot of you guys will know the Bitcoin block rewards they're currently at 12.5 bitcoins per block and Bitcoin releases is blocks every 10 minutes or six every hour so you can see that from here originally it was obviously a much higher.
I think started out 100 from memory but now it's currently at 12.5 bitcoins per block so 12.5 bitcoins are released every 10 minutes so what do we need to get our hands on our own bitcoins what we need to do is we need to mine them so very simply what we can do is we can just take a look at the Bitcoin hash rate .
so it's currently yet forty-three million one hundred and sixty two thousand one hundred and thirty-four Tara hashes so what that means in terms of hardware is an awful lot but we only need to mind ten percent of the hash rate of Bitcoin so obviously it's much less so if we want to mind Bitcoin and we want one every ten minutes.
we effectively need ten percent of the hash string that will give us a block reward of 1.25 every 10 minutes so slightly higher than what we actually need so we know what the hash rate is of the Bitcoin network and we and we know that we need ten percent of it.
so let's take a look at our old pals over a bit main or check out a couple of their miners and see exactly what we need so this is a newest one it's currently completely sold out you can't even get your hands in it but this is the top spec mine are from bit Maine so it's the antwine rs.15 and it mines at 28 Tara hashes pretty damn fast so with this miner we can mine 28 hours net hashes but we need 10% of the Bitcoin network so how many of these Antoine is would we actually need .
so looking back at that hash rate we can see the total hash is 43 million 162,000 Tara hashes so we take a quick look at a calculator we've got the 10% hash rate there so there is a target hash rate that we are aiming for so if we buy those and miners what we need is the total hash rate divided by the hash rate of each individual miner so Network has ten percent of their network hash rate divided by the hash rate of each miner we need 150 4151 154,000 151 and miners.
so how much would that cost so these are quite good because the the power supply is included I'm not too sure on the shipping so we'll just keep it super simple and there are 1020 dollars each so how much would we have to spend so 150 4151 units times a thousand and twenty dollars so not bad quite reasonable .
we could probably work a bulk buyers discount but the basic cost price not including shipping is or any taxes or anything like that is 157 million two hundred and thirty-four thousand one hundred and fifty-seven million in hardware that's how much you're gonna need to my own one Bitcoin in ten minutes crazy but it gets it gets worse or better depending on which way ?
you want to sort look at it how much like say how much infrastructure is behind the Bitcoin network it's incredible really so you're gonna need 150 or thousand units so once you've got those units you're gonna need a warehouse to put those in so take a look at some warehouses you're gonna need something pretty damp some stems sure I'm not going to go into the mass of is exactly what you need but you're gonna need a giant warehouse that in itself will probably cost you even.
if you leave here it's really gonna cost you a few medium depending on what the terms are from there you're also gonna need all the the infrastructure the rigging the shelving you need staff in the warehouse that to manage everything the software that's sitting up Oh My Goddess.
it's absolutely ridiculous because don't forget you're building basically a farm you're going to need one hundred and fifty seven thousand miners and everything that goes with it so the next part that you're also going to need is probably some pretty serious power probably to power it .
I don't know let's work out the numbers so we should go back to bit main you can see further down we've got the specs and it says the reference on the wall is between 775 to 900 I'm just going to assume it uses 900 if we go back so it's 150 4151 units times 0.9 so this will be kilowatts 138 thousand seven hundred and thirty-five kilowatts .
so pretty substantial amount of power that you're going to need to power this thing as well okay guys so I'm gonna leave it here I just kind of wanted to briefly show you exactly what's behind the Bitcoin network even if just you know 10% of it just to show you what goes on behind the scenes how much infrastructure investment and you know the total combined effort everything that.
is behind Bitcoin so now you know what it really takes to mind one Bitcoin in ten minutes thank you so much for watching guys I really hope you've enjoyed this one try to have a little bit of fun with it and do something a little bit different whilst being slightly educational at the same time .
So thanks very much for reading I'll see you guys on the next Article.
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