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Another big test for lightning company

  • CryptoGuru Level X3
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    Another big test for lightning company

    Last week i posted something about Bitcoin being scaled using something called Lightning. They had a successful test with the block chain, and now have advanced in their testing. They recently did a test sending .01 of a Bitcoin over the testnet with another BIG success. Its safe to say Lightning is progressing from the concept stage toward implementation. They have been working on this software since 2015 and just did the first text last week this test just further proves that Lightning is more than capable of not only scaling Bitcoin but also providing the privacy and security we all need with it. This is a very exciting time to be apart of Bitcoin and im glad you guys are all witnessing history in the making.

    Please dont forget to follow me Thank You for reading

    https://www.seoclerks.com/user/jkeyz2

    #Tech #Bitcoin #Blockchain Technology & Internet
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    Lynne

    Lynne

    Oh nice Jkeyz2 and how will this affect your business? I hope this means great things for you!

    How about starting an investing business where you mine Bitcoins for other people that don't understand how to do it. You could like grow their Bitcoins and charge them a bomb for it?
    8 years ago

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    CryptoGuru

    CryptoGuru

    Basically what we do is, we allow people to buy machines and allow us to maintain them. Its very simple and its unlike cloud mining because we don't have a limiting contract, you own the machine for the life of it. if you decide to house the machine yourself you can remove this machine from our operation or come to our operation at anytime. How do we make money? I have negotiated my electric down as far as i can get it with this amount of usage the more clients i get to buy machines the more my electric goes down, and i charge a flat rate of .08 per KWH .04 for delivery. You keep all the Bitcoin your machine makes minus the electric. If this concept takes off it could be the new way for the general public to get into mining. Instead of renting machines i am renting space. If Bitcoin becomes scaled and it can handle more transactions this means great things for my business and anyone who holds any coin. Miners will benefit from this once the price increase happens.
    8 years ago

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    Corzhens

    Corzhens

    Pardon my ignorance on the topic. Can anyone explain fully about mining bitcoins? What is block chain and what does it get from us if we continue to monitor the site by mining it? I am really confused and even after reading so many discussions about mining bitcoin, I still cannot comprehend what the site gets from our mining. And the block chain, who gives you the reward when you have completed a block?
    6 years ago

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