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The Bitcoin Mining Game Has Changed

Have arrived in the Bitcoin mining marketplace. The first machine came at a miner’s house in late January and ever because reports have been trickling in of sent ASCI machines finding their way into miner’s Bitcoin mining rigs. Since ASCI machines are designed specifically for the undertaking of Free Bitcoin Mining, they’re highly effective machines at what they are intended to do. High-end ASCI machines possess a per second hash speed of over 1 million. A normal CPU running Bitcoin mining applications has a per second hash speed of 1.5. Obviously the shipment of ASCI machines are a game changer in the Bitcoin world. CPUs are no longer even supported by Bitcoin mining applications as a CPU running 24 hours a day would probably not find a Bitcoin for several decades, even if it was mining in a pool.

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The first hurdle involves the choice of a cryptocurrency. An addict can go to mine Bitcoin. Or rather settle to mine other accessible cryptocurrencies, Dogecoin, Litecoin or Peercoin. To put it differently, miners have a lot of options. Similar to stock, even cryptocurrencies have classes, blue chip or cent. Mining the blue chip type is often associated with safety, reliability and a greater quantity of profit. Banking on these attributes, people are more inclined towards Free Bitcoin Mining, even if it entails employing a huge computing power. But with Altcoins, simplicity of mining and the possible gains are not necessarily proportional.

Bitclub Network seems to be the latest in a wave of Free Bitcoin Mining income opportunities all over the internet. For a beginner it’s hard to differentiate from the real opportunities and the imitation ones. The first point to understand is the simple fact that crypto-currencies are real and mining them is completely valid and internationally practiced company. It is founded on computers performing complicated mathematical equations to launch the next chain of coins into the market. It’s completely valid to mine bitcoins all over the world and so are MLM (Multi Level Marketing) companies. The new wave of bitcoin mining income chances are largely a mixture of both of these theories.