Author Archives: ronny2014b

McDonalds accepting Bitcoin: starting 2015 ?

Just read an interesting article from bitcoinist regarding the possibility that McDonalds will accept payments in Bitcoin sooner or later. Its just an interesting thought and i think that the question is not if, but only WHEN they will accept it.

As a company driven by optimizing its business to maximize earnings its just a matter of time – just think of people driving in a McDonalds drive-in and paying with their smartphone will be as fast as some seconds and be a tremendous advantage – secure (do not have to hold FIAT money and take care of it) and operational (just need a terminal operating in seconds). McDonalds has already a running cooperation with Bitpay regarding its Ronald McDonald House Charities.

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Cloud mining – Howto use cloud mining to earn bitcoins

Dear Readers,

as some of you asked me explicitely what i think about cloud mining, i’ll start now a special cloud mining review where i will add new cloud mining offers which will evolve time by time.

At first i want to tell you to be very cautious about using cloud mining services. It sounds easy and comfortable to buy you a cloud mining stake and earn money 2 years or 5 years without thinking about your power bill, spending your money on mining hardware and without having to expand mining hardware every 3 or 6 month to keep up with the evolving overall mining power hashrate to keep your earnings and investment.

UPDATE 2nd february, 2015: GHash.IO and zenminer stopped cloud mining service

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Bitcoin mining #2 – Slush vs GHash mining pool race!

Dear Readers,

i published my first article about Bitcoin mining – Howto find best paying pool? on bitcointalk.org and got positive, but also negative feedback, that my article is just based on luck and it does nothing say about the earnings of each pool.

Of course luck has a greater impact if i use data of 2 weeks than i would use data of – lets say – 2 month. I also stated often that it is not a mathematically safe or laboratory science safe review. you can find the ongoing discussion at bitcointalk.org here:

https://bitcointalk.org/index.php?topic=896056.0

So i started a second experiment, a live realtime mining pool comparison where i eliminate as much luck as possible by using the following setup:

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Bitcoin mining – Howto find best paying pool?

Unfortunately, i started mining with my own hardware only 4 weeks ago, so i missed the “great times” where mining was easy and you could not lose money. Today its a bit more complicated – you have ASICs (Application Specific Integrated Circuits) mining hardware, which is designed for mining SHA-256 coins (=Bitcoin) in the 3rd generation like the antminer s4, next year the 4th generation will be released with more power and less energy consumption. But so i can give you very actual numbers for december 2014 that i have proved and you can profit from this brand new numbers.

First ask yourself from basic maths what can i earn as maximum by mining bitcoins?

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Free bitcoins – Howto get bitcoin for free

Yes you are right, there are some websites where you can obtain free bitcoins for watching sites, playing little games for free or even for watching videos.

These sites are simple marketing-sites which want you to visit new sites with bitcoin-related services and products, but since you can earn some free bitcoins here, its fun, of course you don’t earn very much, but its a start if you want to take your first bitcoin steps. You don’t have to register, most websites offer you just to send your bitcoin address and nothing else and you can start earning bitcoins.

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Bitcoins FAQ – What is this ?

First i want to say this is a private site where i want to share my experiences of earning bitcoins – i am not an “official” Bitcoin representative. On the other side Bitcoin is build and designed to be not owned by any central party, but being a decentralized and safe money system supported by individual people like me.

Starting 2 years ago i discovered more and more about the Bitcoin world – it’s a small, developing world like 20 years ago the internet.

If you want to earn bitcoins and want to know something about Bitcoin affiliate sites, you learn the hard way that there is much scam and false projects outside where you can lose your bitcoins.

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