SEGWIT HERE WE COME!!!!
I don't know if I was living in a vortex or under a rock lately but somehow I did not catch up on the news that Segwit for Bitcoin was a done deal most likely tonight. That goes to show you how much I been working on our little altcoin Visio lately. But I just seen we are 2 Blocks from activation and so damn excited the 2 year ordeal will come to a serious close on this up and down situation.
SO WHAT DOES THIS MEAN FOR BITCOIN??
For this guy, the biggest thing I am excited about is the uncertainty of if or when Segwit will activate is about to come to a close. If it goes off without a hitch, awesome....me I been just kind of playing it on the back burner if its a good or bad thing to activate Segwit but I have hopes a lot will be fixed for Bitcoins future. This my friends is all that matters most, that we keep Bitcoin alive and make sure it works the best it can for its supporting commuity.
Three variables come with activation that has the crypto community with high hopes. Foremost the worries of capacity for blocks will be fixed hopefully with a remaining compatibility for older wallet versions, this is a must for forward movement but still keeping the chain in tact for all. High hopes that the mempool issues of backlogged transactions can begin to be reduced and maybe a less of an issue as we all move forward with Bitcoin as king. Finally, and something that has hit me a lot lately, this will hopefully reduce the miner fees that are killing the smaller holders of Bitcoin which thus could stir more adoption for growth in BTC and crypto in general as well. Lord knows we could always use more growth over at Visio lol but that is coming nice and steady either way.
ENJOY THE SEGWIT PARTY, I SLAPPED BACK SOME BTC HOLDINGS JUST IN CASE THIS FIRES OFF WELL AND INVESTOR TRUST BUILDS US TO NEW ALL TIME HIGHS.
OH...NOW WE HIT SEGWIT, TOOK ME 2 BLOCKS TO WRITE THIS UP FOR YOU GUYS, WE ARE NOW OFFICIALLY ON BLOCK 481,824 ....SEGWIT IS ON!!!
~sflaherty
Thanks @sflaherty upvoted and resteemed
Really appreciate that, this should bring us greatness for BTC, well I hope lol
Can't hurt, lol
Thanks for sharing!!! Here is a gif that I made for the Segwit countdown, I hope you enjoy!... https://steemit.com/bitcoin/@cryptophasia/segwit-is-activate
Awesome post, just hooked you up with an upvote on it. Here's to the future thanks to SEGWIT, now lets hope BTC can finally get back on track and roll to the moon
I have a mining question. I have a one-year old gaming laptop. How much in Bitcoins could I feasibly mine in 30 days? I went to purchase a bitcoin and found that right now $100 USD will only get me 0.02 in Bitcoins. I'm wondering how long it would take my trusty laptop to mine that.
There are a lot of variables to mining and earnings. Laptops tend to be on the low side due to the graphics being usually an integrated chip, even on gaming laptops they tend to just be a more evolved integrated graphics chip. Two other variables, cooling is hard on a laptop so if you do go the route of mining with it you might want to consider a laptop cooler fan to sit under it and another variable is in a non ASIC form of mining like with a cpu or gpu....you will want to go the route of mining an easier altcoin to trade up for BTC. BTC is highly difficult even on older ASICS at this stage so its pretty hard to mine on regular pc setups.
With all that in mind, you can still do okay mining. In your situation I would go more for NICEHASH to mine, it pulls in direct BTC payments for lending your hardware to them for mining altcoins and they pay the equivalent in BTC weekly back to your wallet. I have a few ASICS but I mine a lot of time on NICEHASH with my two GTX 1080 card but I average for a straight week of mining with them around $50-$60 bucks a week...so around 0.013 roughly in BTC. You would probably see a lot less with a laptop but hey its free extra money and if its just a laptop sitting around it can't hurt to set it up on NICEHASH and let her run for you.
Now a days though, it takes a lot of hardware and you got to factor in your costs of electricity for a true idea of the profits you will pull in. Mining can get complicated, I made a few mistakes a long time ago when I first got in and bought 2 dated Antminer ASICS, cost of electricity on them and potential profits is literally only a few bucks over so research in this area and a lot of math is wise before purchasing gpus and ASICs. Hope that helps, been thinking of new write ups on the mining side to things. Actually just got a riser so slapping a third GPU on my gaming pc, lol......its all about constantly adding new hardware to rack in the money with mining...seems to never end lol
Thanks that helped me.
I want to mine some coins on my own.