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      "body": "![](https://steemitimages.com/DQmbGXMwALuD4zZvtnzKLY2SRpjQJZzCYsFn1VLa1iPg4uH/image.png)<br> Welcome to Steemit @h3nsky!<br><br>  I wish you much success and hope you find Steemit to be as rewarding and informative as I have.<br><br> Yes, I love Crpto too! Lots of detailed analysis on my blog along with some [predictions](https://steemit.com/crypto/@bycoleman/bitcoin-rout-is-not-over-heading-to-usd8-000)<br><br> Here are some links you might find useful.<br> [Your stats on SteemNow](https://steemnow.com/@h3nsky)<br> [Your stats on SteemWorld](https://steemworld.org/@h3nsky)<br> [Your stats on SteemD](https://steemd.com/@h3nsky)<br> [How to use Minnow Booster](https://steemit.com/steemit/@bycoleman/a-post-of-much-greater-value-how-to-increase-your-vote-count-dramatically-just-like-the-big-fish-do)<br> [How does Steemit actually work?](https://steemit.com/steemit/@bycoleman/where-does-all-the-money-come-from-on-steemit-fully-answered-will-it-continue-yes)<br><br> Let me know if I can help.<br> Many blessings! @bycoleman<br><br> ",
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      "body": "![ant.jpg](https://steemitimages.com/DQmcWLM9UNPa45Y2DKYGgzSqWvu6KQs5zam8tv6xJMM5Euq/ant.jpg)\n\nAntminer is one of Bitman's product brand and is one of the leading ASIC MINER.\n\nWhat is an ASIC MINER?\n<p style=\"text-align:justify\">ASIC Miner is a technology that is grown on a chipset that can only work for one function only, whatever the program is using ASIC chipset intended for 1 work function, in this case in antminer only to solve SHA256 algorithm.\nHow does it work to get Bitcoin?</p>\n\nSimple illustrations:\nI have a 10 meter rope that each 2 meters that I make a node, each node will be different shape.\nI ask you to take care of or remove the node\n\n* with a note of each node that you can finish I give a gift magnum ice cream\n\nWell, let's just assume your skills as an ex-Boy Scout, you can finish the first node very easily, I definitely give your magnum ice cream gift with you. Keep up your spirits, what if you want more ice cream? surely you will work on the second node, but when the second is summed up, all your magic in the scout you spend to finish the node, but until the dice any node is not resolved. Suddenly come the BITMAIN, tell you the same, \"let's use ANTMINER that I have program to help your work to open the knot.\n\nand abrakadabra......, the second node open easily, I continue to give again his ice cream.\n\nThen you plan to rob me to get the 3rd ice cream.\nyou call BITMAIN and say, I'm sure he (who has ice cream) will give more difficult at node to 3\nkeep BITMAIN say, may be okay, but the ANTMINER price is so yaaaaa !!!!\n\nYou instantly say , i will buy it, and by feeling your ANTMINER weapon is enough, you face the 3rd node.\nit turns out that working on the 3rd node, it's not just you, there are john, ricky and the others and they carry the same weapon\n\nfinally they were forced to share ice cream with the others after completing the 3rd node.\n\nThat's a little illustration about antiminer & how it works.\n\nassume that ice cream is 21 million BTC, the node millions of blocks & the rest, you already know for sure\nwell that was the illustration & it counts. you can go to http://www.bitcoinwisdom.com/bitcoin/difficulty\nfor the formula I do not memorize, but there has become a calculator, so easy.\ndifficulty = node\ndiff will always go up during the factory producing asic miner.\nmaybe there is a confused, fortunately the person who makes BTC?\n\nsatoshi nakamoto (pseudo) and his community want to have a means of payment that is not centralized and can be used anywhere and anytime.\naccording to the idea, which they created was a system, which once the system was released on the internet will have a place where, peer network termed so, the system is not regulated by someone alone, which made the system is the concept of reward for the work.\nwell, to better understand how the system can be considered unregulated, that's what we will discuss now.\n\n\nQUESTION:\nWhy can a miner tool make money?\nActually what is mined?\nwhen will the mine run out?\nwhy can the mine provider give us a coin? what is the advantage for them?\n\nWell, that's a standard question for the public.\nThe miner tool does not make any money but solves the algorithm problem\n Mine is just a term for how to solve the algorithm that every 1 block is solved then the solver algorithm will be rewarded in the form of units depending on how many prizes perblock\nwhen is it over? this activity will run out depending on the speed of the algorithm breaker tool that will circulate in the market and achieve a total reward of 21 million units for the case in bitcoin\nnot the provider giving the gift of his unit., the provider only provides the facility connected with the algorithm provider server, the advantage is that the providers of the connection are in the form of transaction fees, and advertising advertisements installed on the connection provider and hosting rentals from the connection to their server\n\nthe bitcoin unit's limit is 21jt units or 21jt BTC https://blockchain.info/charts/total-bitcoins\n\nsee diff that always go up every month, what happens if the mining tool can not ngikutin again? or the speed of the mining tool will continue to increase as well?\nyou are wrong, the first block btc rewardnya 50 units per block that can be solved, currently only 25 on the difficulty level is determined, will be 12.5 and so on.\n\nso the point is that more and more speed is circulating, the faster the diff increases, the less the reward perblock it\n\nlike my analogy above about ice cream\nsee the diff development, for example now 50ghs can payout 0.0009 means the day is decreasing, and possibly increase month / year 50 ghs can not anything what?\ncorrect\nand the price per ghash will decrease to adjust with diff later\ncurrently per 2 weeks diff btc up 10% s / d 20% from 2 weeks earlier.\n\nwhen 21 million BTC has been mined, what do you think will happen?\n\nbitcoin will become extinct?  wrong\nwell we first open the story of conventional banks\n\nwhen the money in country A is distributed, while the inflation rate will increase what will be done by the central bank of the country?\nmeans the central bank will print new money to compensate.\n\nnow we turn to btc.\n21 million btc is already the top limit, and no one can increase the limit\nwhen 21 million btc has been mined and the demand for btc increases, what will happen?\nbasic economic principles\nsupply slightly + demand increases = price is up...",
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      "body": "Hello @h3nsky!\nWelcome to steemit. Great to know you are a lover of cryptocurrency. I blog about the fundamental analysis behind the rise and fall of various cryptocurrencies like bitcoin and steem it. A friend gave me a link to check for my stat when I joined some days back and I feel like sharing it with you too since I believe it will be helpful to you. Here is it https://steemnow.com/@h3nsky \nI just upvoted you and if you think my posts will be interesting to you, you can as well follow me back. I wish you the best. Emmanuel",
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      "body": "thanks bro....",
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