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      "body": "We know that price makes all the difference in the world as to whether mining crypto currency is profitable. But I feel that the miners are getting the shaft these days, but without them, where would crypto be? That last bitcoin will never be mined if something doesn't change to make it worthwhile for people to mine it. Mining is expensive, and every day the difficulty goes up, a rig that is profitable today becomes unprofitable tomorrow; just how long does the crypto world expect miners to shell out 1000s of dollars to make pennies a day so you can enjoy your crypto currency? Well they won't, they will sell off their equipment, or otherwise just stop mining. Then what are all of you all going to do? In short there needs to be a much better incentive other than HODL to mine coins. For instance, what happens when the last coin is mined, if they even can be. What then? Someone will still have to run algorithms to keep the blockchain up to date. To record you transaction, etc. So mining will still be a thing, But no one is going to pay out $10 day for electricity for $1 a day rewards. SIMPLY not going to happen. Coin Operators need to do something to keep miners going, if that means 15% transaction fees then so be it. (Disclosure) I am a miner. And just where would the crypto world be without miners? -Cyrus\n\n![D95M3X.jpg](https://cdn.steemitimages.com/DQmZbecqkEvRkVwAJDMMDuzhwiXqy3tVu19xXgqbt9ezqUm/D95M3X.jpg)",
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      "title": "",
      "body": "@@ -28,16 +28,20 @@\n ed. I'm \n+not \n sure I u\n",
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      "body": "Hi Crypto Gang! \n\nSo I've been looking for a reasonable answer to this for long time now, and no one seemed to be able to answer it. The issue came up again when I switched from mining Litecoin to mining Digibyte for more profitability on a certain day. I was faced with three stratum that I could point my miner to: \n\nURL (difficulty 8192): stratum+tcp://digihash.co:3009\nURL (difficulty 32768): stratum+tcp://digihash.co:3033\nURL (difficulty 131072): stratum+tcp://digihash.co:3257\n\nI was hooking up my Antminer L3+ to this pool. So the question for me became which stratum do I hook to? And which would essentially lead to higher profits or rather higher rewards calculated. \n\nI search again, ask on forums, search again, and finally found this explanation buried in a forum someplace which was the best explanation I have ever seen. \n\n\"The higher difficulty means you will be reporting results less frequently to the pool. This reduces network load on both your system and the pool. It also reduces the restart delay for your mining hardware as it prepares for the next work unit. Most pools base the rewards on the number of difficulty 2 shares accepted. So they increase the reward based on the mining difficulty. If you had four shares accepted at difficulty 4, you would be credited with the reward for 8 shares. Similarly, four shares at difficulty 8 would yield a reward for 16 shares.\n\nSo it is to your benefit to set the difficulty high enough to reduce the network and mining delays but not so high that you get a lot of stale shares. Some pools (such as BTC Guild) will automatically adjust the difficulty based on your hash rate.\"\n\n![Capture.JPG](https://steemitimages.com/DQmYCizEkxo84kZnKDzDEgfsq9uRVyTzWAfvczfb55B6aBZ/Capture.JPG)",
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      "body": "HI I upvoted you and followed. I'm sure I understand though what your message meant where you said,  \"I'm screwed up with you, I'll be glad to reciprocal subscription\" I guess I'm not sure what that means. Please explain. -Cyrus",
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      "title": "ALL CRYPTO TRADERS NEED TO BOYCOTT BITFINEX AND BITMEX IF WE EVER WANT TO SEE ORGANIC TRADING AGAIN.",
      "body": "Hi there, \n\nOne of my favorite channels to keep informed on cryptocurrency is on YouTube. The channel is called Bitraged. It is ran buy a couple guys that really know trading, crypto, and charts. There has been several instances of Market manipulation lately. Not something that any exchange could do if the trading volume were high, but because the trading volume has been so incredibly low, exchanges like Bitfinex have been manipulating the market in order to cheat their short margin traders out of their money and make money for themselves. A terrible, unethical and shitty thing to do. And they are not the only ones. Bitmex is just as guilty of market manipulation. The thing that needs to happen, and especially since the Nasdaq is now beginning to endorse Crypto is we need to boycott Bitfinex and Bitmex, and just don't trade on them any longer, and definitely don't risk your money by margin trading with them. You will eventually get screwed. \n\nLook at these images, the first is the chart that shows just how much of the market each of these exchanges control. The second image is not a price chart but a chart of margin trades by these huge exchanges. You can see their crimes in action right there on the chart. \n\nSo please lets get out cryptocurrency back on track for organic growth by eliminating these companies by boycott. spread the news, I for one want crypto back. \n\n![Boycott.JPG](https://steemitimages.com/DQmVxrFJ7S5Vc3igQhUYwLs14KDrMWe9qLdB2akHLunQRbm/Boycott.JPG)\n\n\n![Boycott 2.JPG](https://steemitimages.com/DQmNoyKWS2Dh35J8P65yKuHKRdT3oUhH6vbeEt1qpFNmRtt/Boycott%202.JPG)\n\nFor more information please go to Bitraged and listen to these guys they really know what they are talking about. https://www.youtube.com/watch?v=lhIsSVHyZ7w\n\n-Cyrus",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"trading\",\"bitcoin\",\"bitfinex\",\"bitmex\"],\"image\":[\"https://steemitimages.com/DQmVxrFJ7S5Vc3igQhUYwLs14KDrMWe9qLdB2akHLunQRbm/Boycott.JPG\",\"https://steemitimages.com/DQmNoyKWS2Dh35J8P65yKuHKRdT3oUhH6vbeEt1qpFNmRtt/Boycott%202.JPG\",\"https://img.youtube.com/vi/lhIsSVHyZ7w/0.jpg\"],\"links\":[\"https://www.youtube.com/watch?v=lhIsSVHyZ7w\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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