Tag Archives: inboundmarketing

DAO Casino wants to use cryptocurrency to disrupt online gambling

DAO Casino wants to use cryptocurrency to disrupt online gambling

Imagine an online gambling ecosystem that is decentralized, meaning that it cuts out the typical middleman between a game-maker or betting operator and the player or bettor. That’s the pitch of Russian company DAO.Casino, a decentralized platform for online gambling operators that runs on
the Ethereum blockchain.

    

                  In its white paper on the developer site Github, DAO.Casino
says it can solve common headaches of online gambling that afflict both game developers and game players, such as: fraud risk; hidden fees; high cost of entry for game developers; operational overhead; player access to funds; player withdrawal delays; and general lack of trust. If that sounds like a mouthful, let’s take a step back. In the cryptocurrency world, much of the press and attention right now is around bitcoin, since the price of bitcoin is flying: it’s up 200% in 2017 so far. But the price of a rival cryptocurrency, ether, has seen a bump as well: it’s up 174% in the past month, to $263. Ether is the currency of the Ethereum network, which is a blockchain for smart contracts.

Thereum smart contracts

While bitcoin runs on the bitcoin blockchain, a decentralized, permissionless ledger—and blockchain technology originated with bitcoin in 2009—Ethereum runs on its own blockchain specifically designed for smart contracts. Smart contracts are coded agreements that live in a permanent address on the Ethereum chain. These agreements can interact with other contracts to automatically enact functions. In other words, “smart contracts” is a fancy way of saying “computer programs.” For example: on Ethereum, we could exchange the title deed to a car, directly from seller to buyer. In a recent Cognizant survey of 578 financial service firms, 78% of respondents said their firm is exploring multiple blockchain platforms—of those, 49% listed the bitcoin blockchain, 42% said Ethereum.

While bitcoin is soaring as a speculative investment, there aren’t yet obvious mainstream uses for the currency beyond trading and holding it; many in the industry await the “killer app” for bitcoin. There is arguably more excitement right now around the uses of Ethereum, since it was created specifically for smart contracts (not for the currency, which is just an incentive token for developers). TechCrunch writes that Ethereum is “poised to overhaul open-source development.” And Ethereum founder Vitalik Buterin (just 23 years old) met with Vladimir Putin this week, who praised Ethereum.

DAO.Casino and initial coin offering

That brings us to DAO.Casino, one of the many startups that believes it can solve a problem using Ethereum. On June 29, DAO.Casino will launch an ICO (initial coin offering), a popular new way of raising money for cryptocurrency startups in which investors buy up the startup’s own coin and pay for it with a more established coin. Ethereum did its own ICO in 2014, in which investors bought ether using bitcoin. An ICO typically lasts for a month. Think of an ICO as the equivalent of a VC round for cryptocurrency startups. In DAO.Casino’s ICO, it will sell BET, its own token, in exchange for ether.

Just don’t associate DAO.Casino with The DAO, a leaderless, decentralized network that launched in May 2016 (via an ICO that exchanged tokens for ether) as a platform for Ethereum-based projects and was quickly hacked, one month later, to the tune of $50 million. The entire Ethereum blockchain had to perform a split known as a “fork” in order to restore all the funds stolen in The DAO hack.

DAO.Casino is not an actual casino itself, but an open protocol for online gambling companies (like an online casino, blackjack game operator, or sports betting site) to build on. (DAO.Casino will also build its own branded games.) It isn’t aimed at the end user—if an online betting site were to use it, the bettor wouldn’t have to know or see that they’re using a system built on Ethereum. (I could even develop my own gambling site on top of DAO.Casino’s protocol and pay out users in BET tokens, but rename them Dancoins.) The company’s hope is that online betting sites will integrate with its network to offer games without the casino, a middleman that takes a big cut and may not always be trustworthy.

Chuck Reynolds
Contributor
Please click either Link to Learn more about –
TCC-Bitcoin.

Why Buy This Expensive Bitcoin ETF Instead of Actual Bitcoin?

    

If you're interested in getting invested in the digital currency world,

now seems to be as good a time as ever. Bitcoin has seen repeated record-setting price levels, and a host of other digital currencies are becoming increasingly popular around the globe. And yet, there are some reasons why even seasoned investors may be reluctant to get involved in direct investments relating to cryptocurrencies. Fortunately for those people, there is an exchange-traded fund focusing on Bitcoin in particular that can simplify the process. It is called the Bitcoin Investment Trust (GBTC) and it is provided by Grayscale Investments. Here are some of the basic details about the new ETF and its relationship to the digital currency itself.

Significant Returns Possible, But Are They Likely?

The Bitcoin Investment Trust sported a tremendous 248% increase in the month of May. This far surpasses the gains of 72% overall for the Bitcoin-U.S. dollar currency cross. With that figure in mind, investors may be jumping to get access to GBTC shares. However, there are other factors to consider as well. First, May's performance seems to be a relative anomaly for the ETF. For the three months prior to May, Bitcoin performance superseded ETF performance two months. This suggests that the two are actually more neck-and-neck than May's figure would suggest. Second, investors looking to buy into GBTC should keep in mind that the shares of the ETF are currently trading at more than double the cost of Bitcoin itself, according to a report by Business Insider.

Why the Huge Premium for GBTC?

Potential investors are likely wondering why GBTC shares can be found at such a high premium over Bitcoin. The issue seems to lie in supply and demand. While Bitcoin demand has skyrocketed, GBTC has kept its shares outstanding close to 1.7 million in the two years that it has existed. In fact, the ETF seems unlikely to change the number of total outstanding shares in the future, according to the company's head of research, Ihor Dusaniwsky. He explains that "with the operational risk of buying and holding actual Bitcoins to support ETF creation very high, and difficult and expensive to insure, it is unlikely that GBTC's outstanding share amount will climb above 1.7 million anytime soon."

It is useful to note that GBTC didn't always seem this expensive in comparison with Bitcoin. Before Bitcoin's price spiked in the past several weeks, the ETF traded on an average premium of just 10% above the cryptocurrency in 2017. The issue seems to have come about when Bitcoin's demand blew up and GBTC's supply did not change. As Bitcoin continues to spread further into the financial world, it will be interesting to see where GBTC's share prices go as well.

Chuck Reynolds
Contributor
Please click either Link to Learn more about – TCC-Bitcoin.

Qatar Blockchain Experiments Can Help Rescue Country From Sudden Isolation

Qatar Blockchain Experiments Can Help Rescue Country From Sudden Isolation

    

Blockchain could come to Qatar’s rescue after four Middle Eastern countries cut ties

with the country over its alleged support of terrorism. Egypt, Saudi Arabia, Bahrain and the United Arab Emirates announced they had severed diplomatic and transport ties on Monday while neighboring Pakistan said it currently had “no intention” of following them. The Financial Times quotes a Saudi news agency stating the government enacted the policy for the “protection of national security from the dangers of terrorism and extremism.”

Qatari sources reacted saying the collective move “was founded on allegations that have no basis in fact.” While the government added it would “not affect the normal lives of citizens and residents,” Qatar’s isolation could provide a timely opportunity for disruptive innovation to take hold. The country has been an active participant in Blockchain experimentation, specifically in its banking sector, with pilot schemes being successfully completed for money transfers in April.

“We have just started blockchain, a cutting-edge technology that will be used for remittances. We are the first bank in Qatar to actually pilot this approach,” Joseph Abraham, CEO of the Commercial Bank of Qatar, told local news resource The Peninsula last month. Of the four states pressuring Qatar, the UAE and increasingly Bahrain are also becoming major players in Blockchain.

Chuck Reynolds
Contributor
Please click either Link to Learn more about –
TCC-Bitcoin.

Why Your Sales Team Needs Inbound Marketing Strategy

Why Your Sales Team Needs Inbound Marketing Strategy
    

Real time is a new mindset in marketing,

and that is what inbound marketing is all about. Interruptive sales approaches include telemarketing calls, direct mail, email spam, print advertising, television and radio ads, interstitial and transitional online and pre-rolls ads. And you know what? Your customers are fed up with these outdated and traditional approaches. In the digital era, outbound sales practices such as the ones mentioned above are losing their effectiveness rapidly.

Inbound marketing strategy is the new kid on the block!

Rather than pushing your product/service to consumers, an inbound approach focuses on educating them about a particular offering. Inbound marketing is a type of permission-based marketing which concentrates on presenting offers and related information to people who are actively looking for the same product/service. There are several ways to increase your leads, but the most effective way is to increase your lead capture rate. An inbound marketing approach could also help your sales team in maximizing this rate. So how does this methodology help your sales team in boosting their work productivity? Let’s find out…

Why your sales team needs an inbound marketing strategy ASAP!

Saves Time and Money (and a lot of it)

A primary advantage of the inbound methodology is that you can easily identify your customer’s behavior and develop a precise buyer persona. This approach saves a lot of money and time for your sales team as they can quickly eliminate all the leads which don’t match the persona. Your sales team can easily identify the ideal prospect which enables them to focus more on the leads that require more attention, in terms of calls or in-person meetings.

Helps you get more Qualified Leads

Sales teams wind up losing tremendous time and effort on low quality leads. With inbound marketing, you can improve your lead quality by running more relevant and effective campaigns. Let’s say your sales team is using a CRM to track conversions. With inbound marketing, your sales rep can record all their activities in the CRM and send it to the marketing team to review. Your marketing team can then check all the logs and collaborate easily with the sales team for better feedback. This invaluable data enables marketing department to learn more about the effectiveness of each campaign and improve the buyer persona in the future. These small improvements can generate high quality leads for your sales team in the future.

Inbound methodology attracts a customer base that is truly interested in your product or service. By offering the most valuable and relevant content to visitors, the entire process not only assists your sales team in getting better leads but also provides a huge amount of relevant content to share during the sales process. As a result, you can build your own loyal customer base. This method also helps amplify  the reach of your content which boosts your chances of getting more qualified leads.

Enables Collaboration Between Sales & Marketing teams! (smarketing!)

In most companies, sales and marketing teams tend to have a troubled relationship.There is no alignment between both teams and blame games are quite common. Inbound marketing strategy plays cupid between both teams! Inbound methodology increases collaboration between ales and marketing teams through a Service Level Agreement (SLA). This agreement:

  • Holds both teams accountable to each other
  • Measures outcomes of respective teams
  • Helps in determining exactly what is going wrong if enough leads aren’t being generated.

The whole process creates a unified sales and marketing alignment or as we like to call it – Smarketing

Facilitates meaningful Sales Conversations:

Gone are the days when a sales rep closes a deal by blabbering a few persuasive words. Due to information explosion on the digital platform, people refuse to accept traditional sales gimmicks. In inbound marketing, the role of a sales rep is more of an educator than a hardcore seller. By understanding the buyer persona and buyer journey of a customer, a sales rep can have a much more meaningful communication with the prospect. By determining interest levels of a customer and establishing a plan beforehand, your sales team can close deals armed with relevant knowledge about the prospect. Has your sales team considered going inbound? Or have you already adopted the inbound route? How well did it work out for you?

Chuck Reynolds
Contributor
Please click either Link to Learn more about –
Inbound Marketing.

OneGram Sharia Compliant, Gold-Backed Cryptocurrency Announces ICO

OneGram Sharia Compliant, Gold-Backed Cryptocurrency Announces ICO

OneGram, the first ever Sharia-compliant gold-backed cryptocurrency announces the launch of its ICO.

    

Dubai holds the distinction of being the financial capital of the Islamic world.

Now, a firm based out of the Emirate has decided to redefine the digital “gold standard” with OneGram, while factoring in the 1.6 billion followers of the Islamic faith. The gold-backed cryptocurrency has announced its ICO at the recently concluded Consensus 2017.

OneGram calls itself the world’s first Sharia-compliant cryptocurrency whose value is backed by actual gold reserves. Hailed as a Bitcoin alternative for the Islamic world, the ICO was announced to coincide with the beginning of the holy month of Ramadan. The OneGram platform is aiming to raise a total of $500 million against 12 million OneGram tokens (OGC).

In the recent press release, the CEO of OneGram, Ibrahim Mohammed is quoted saying,

“We are very pleased with early support for the OGC token crowdsale from the cryptocurrency and Islamic finance communities. More than 1,000 people have registered for GoldGuard accounts to participate, and the number is growing each day as we prepare to launch our crowdsale in alignment with Ramadan.”

The ICO will go on for 120 days, and the purchase of OGC tokens during the crowdsale will also include a 10% fee which will be utilized by the platform for business development, marketing costs, operational costs, and salaries. In the release, the company also states that each OGC will have a 1% transaction fee associated with it, of which 70% will be reinvested to buy more gold reserves.

Those buying OGC tokens will have to create an account on GoldGuard and purchase gold at live spot rates. The platform has announced that a portion of the proceeds from collected purchase fees will be used for charity donations and PoS mining rewards. This is not the first time someone has created a gold-backed cryptocurrency. There are various initiatives which revolve around the same core concept. However, unlike the rest, OneGram will have a much greater appeal to devout Muslims who prefer to follow the Islamic laws. With a huge target population, OGC has a huge potential in front of it, which could be realized in due time.

Chuck Reynolds
Contributor
Please click either Link to Learn more about –
TCC-Bitcoin.

Amid Bitcoin Trading Resurgence, Chinese Miners Shut Down Without Warning

Amid Bitcoin Trading Resurgence,
Chinese Miners Shut Down Without Warning

    

A strange phenomenon is unfolding in China

as Bitcoin miners mysteriously close down or relocate their operations. Mines in the country’s Sichuan province were “reluctant” to discuss the reasons for withdrawal, major news resource People.cn reports. Bitcoin has recently continued its expanding price as Chinese exchanges get the green light to allow Bitcoin withdrawals. As traders delight in the new possibilities for sanctioned exchange use, however, a lack of corresponding regulation for miners is causing problems.

“A local official said the closure of the Bajiaoxi Mining Company aims at cracking down on illegal cash operations and on controlling systemic risks,” People reports, while no party was directly cited giving an explanation for the upset. Sichuan’s hydroelectric power is among the world’s cheapest, but the departure of miners is set to cost one power station $147,000 per month in lost billing. At a time when Bitcoin fees are higher than ever, the effect on miners themselves is also significant. “The southwestern region has abundant hydropower resources,” an “insider” source told fellow publication YiCai Global. “So electricity costs about half the price during the wet season. It’s hard to imagine why any mine would want to relocate now.”

Chuck Reynolds
Contributor
Please click either Link to Learn more about –
TCC-Bitcoin.

Walmart Wants to Track Delivery Drones With Blockchain Tech

Walmart Wants to Track Delivery Drones With Blockchain Tech

  

Retail giant Walmart is seeking to patent a system

that uses blockchain technology to track packages delivered by unmanned drones. The US Patent and Trademark Office (USPTO) published the application, innocuously titled "Unmanned Aerial Delivery to Secure Location", on 25th May, and while that title may not give away much of Walmart's plans, the application itself reveals further details. As outlined, the retailer is looking at blockchain tech as a way to track shipments that involve flying drones.

The patent application explains:

"In some embodiments, the delivery box may also include a delivery encryption system comprising a blockchain for package tracking and authentication. Package tracking by blockchain may include elements including but not limited to location, supply chain transition, authentication of the courier and customer, ambient temperature of the container, temperature of the product if available, acceptable thresholds for ambient temperature of the product, package contents placed in the container system (products & goods), or a combination thereof."

It's a notable release from the global retailer, which has revealed some of its work with blockchain in the past. For example, last October, Walmart announced that it was working with IBM to develop a supply chain solution focused on China’s pork market, the largest in the world.

At the time, the retailer indicated that it was looking to apply the tech to other supply chains. And while it provided no hint that it was looking at blockchain as an underlying mechanism for aerial drones, Walmart told CoinDesk that it wanted to leverage blockchain to facilitate "fresher and faster deliveries". The application also details how the tech could be used to establish identity within the package system. "Authentication and access may be restricted to specific blockchain keys to access the contents of a parcel's payload, and may include specific times and locations," the authors write. "Access to the contents may be determined at the scheduling and purchase of a delivery or products."

Chuck Reynolds
Contributor
Please click either Link to Learn more about –
TCC-Bitcoin.

Critical Social Strategy Mistakes to Avoid

Critical Social Strategy Mistakes to Avoid

Businesses fail at social media marketing for so many reasons, but more often than not, it is due to weak strategy

  

Research shows that there are currently more than 2.8 billion social media users,

and a whopping 83 percent of Americans use social media. Based on this, it is an easily established fact that social media is a force to reckon with. Despite increasing social media adoption, available data shows that a good percentage of businesses are not getting results from their social media efforts: According to research from Simply Measured, the percentage of businesses “struggling to measure the return on investment” of their social media marketing efforts is as high as 60 percent. Businesses fail at social media marketing for so many reasons, but more often than not, it is due to weak strategy. Below are six really critical social strategy mistakes you should avoid:

Assuming your social media marketing operates in a vacuum

The No. 1 mistake most businesses make with their social media marketing strategies is that of assuming that their social media marketing operates in a vacuum. Many of these businesses believe that simply investing huge amounts in social media marketing, or going viral, will solve their business woes. Usually, it won’t. More often than not, your social media marketing efforts are aimed at achieving a certain goal. Even if this goal is not a direct goal, such as increasing sales, the fact remains that you’re probably not on social media just to be on social media.

To make social media marketing work for you, your strategy must incorporate the big picture. If your goal is to boost sales and conversions, how do your social media efforts tie into your sales and conversion efforts? It is essential to consider this factor when working on your social strategy.

Overextending yourself and your budget on social media

Picture two businesses: Business A spends about $2,000 monthly on social media content and is able to create 200 pieces of content and distribute them to 10 different social media sites. Business B spends just $500 monthly on social media content and is able to create 800 pieces of content and distribute them to 10 different social media sites. Which of these businesses will get the most ROI? I think we can safely assume that it is business B.

While so many factors influence social media ROI, at the end of the day, social media budget doesn’t play as much of a role as many people assume it does. So what mistake is business A making that business B is avoiding? That of overextension. Simply put, business B has mastered the art of maximizing its budget. This is possible in several ways:

  • Repurposing content:
    Whereas business A keeps creating original content, business B repurposes the same piece of content into one-dozen different formats. Costs of production go down while the quantity of content goes up.
  • Content syndication:
    Business B is able to have the same piece of content distributed across multiple different channels, while business A focuses on having original content on every social channel.

Not realizing the importance of the mere-exposure effect

It is a well-established fact that more exposure to something increases our liking for it, regardless of how good it actually is. Psychologists have coined the term “familiarity principle” or “the mere-exposure effect” to describe this phenomenon. Interestingly, BuzzSumo’s recent research that analyzed more than 100 million pieces of content came to support the mere-exposure effect. The study found that sharing old pieces of content over and over again on social media can boost conversions by up to 686 percent.

Not being well prepared on the back end

Every business using social media needs to be familiar with Tina Henson’s story. With her startup taking up, Henson realized that there was an opportunity to generate some viral traffic and boost sales by tapping into the holiday season buzz. So she created a marketing campaign and things went bigger than she anticipated. She suddenly got a lot of attention, and visitors to her site suddenly increased by 40 times what she got on an average day. Unfortunately, she wasn’t prepared. Her site crashed, and she lost several thousand people who came to her site during her campaign.

Henson’s isn’t an isolated incident. Many businesses make preparations to key into a social media buzz, only to end up losing out. While your site might not even crash, being slow by one second could significantly decrease your conversions. There are so many reliable and inexpensive web-hosting options, so make sure your site is prepared.

Only targeting your offers to your followers

If, as a brand, your social media strategy mainly involves simply targeting your offers to your followers, you’re missing out on a lot of sales and conversions. According to research from Edison Research, only 33 percent of Americans have ever followed a brand on social media. It also doesn’t help that most social media sites significantly reduce your reach to followers. If you’re only targeting your offers to your social media followers, then you’re missing out a big deal. Instead, explore targeted advertising options, consider reaching out to influencers and brands that share a similar audience and encourage them to share your offers and regularly tap into trends to promote your brand.

Playing the quantity game

It is essential to realize that social media isn’t simply a numbers game. While numbers indeed do matter, it isn’t only about numbers—channel-audience fit and engagement are more important metrics to pay attention to. If you run a services business that targets professionals, for example, LinkedIn will yield more results compared to Twitter. Focus on being on the right social channels and put in more effort into creating engaged, loyal followers than in boosting your follower count.

Chuck Reynolds
Contributor
Please click either Link to Learn more about –
Inbound Marketing.

Massive cryptocurrency botnet used leaked NSA exploits weeks before WCry

Massive cryptocurrency botnet used leaked NSA exploits weeks before WCry

Campaign that flew under the radar used hacked
computers to mine
Monero currency.

  

On Friday, ransomware called WannaCry used leaked hacking tools

stolen from the National Security Agency to attack an estimated 200,000 computers in 150 countries. On Monday, researchers said the same weapons-grade attack kit was used in a much-earlier and possibly larger-scale hack that made infected computers part of a botnet that mined cryptocurrency. Like WannaCry, this earlier, previously unknown attack used an exploit codenamed EternalBlue and a backdoor called DoublePulsar, both of which were NSA-developed hacking tools leaked in mid-April by a group calling itself Shadow Brokers. But instead of installing ransomware, the campaign pushed cryptocurrency mining software known as Adylkuzz. WannaCry, which gets its name from a password hard-coded into the exploit, is also known as WCry.

Kafeine, a well-known researcher at security firm Proofpoint, said the attack started no later than May 2 and may have begun as early as April 24. He said the campaign was surprisingly effective at compromising Internet-connected computers that have yet to install updates Microsoft released in early March to patch the critical vulnerabilities in the Windows implementation of the Server Message Block protocol. In a blog post published Monday afternoon, Kafeine wrote:

In the course of researching the WannaCry campaign, we exposed a lab machine vulnerable to the EternalBlue attack. While we expected to see WannaCry, the lab machine was actually infected with an unexpected and less noisy guest: the cryptocurrency miner Adylkuzz. We repeated the operation several times with the same result: within 20 minutes of exposing a vulnerable machine to the open web, it was enrolled in an Adylkuzz mining botnet.

Upon successful exploitation via EternalBlue, machines are infected with DoublePulsar. The DoublePulsar backdoor then downloads and runs Adylkuzz from another host. Once running, Adylkuzz will first stop any potential instances of itself already running and block SMB communication to avoid further infection. It then determines the public IP address of the victim and download[s] the mining instructions, cryptominer, and cleanup tools.It appears that at any given time there are multiple Adylkuzz command and control (C&C) servers hosting the cryptominer binaries and mining instructions.

Symptoms of the attack include a loss of access to networked resources and system sluggishness. Kafeine said that some people who thought their systems were infected in the WannaCry outbreak were in fact hit by the Adylkuzz attack. The researcher went on to say this overlooked attack may have limited the spread of WannaCry by shutting down SMB networking to prevent the compromised machines from falling into the hands of competing botnets. Proofpoint researchers have identified more than 20 hosts set up to scan the Internet and infect vulnerable machines they find. The researchers are aware of more than a dozen active Adylkuzz control servers. The botnet then mined Monero, a cryptocurrency that bills itself as being fully anonymous, as opposed to Bitcoin, in which all transactions are traceable.

Monday's report came the same day that a security researcher who works for Google found digital fingerprints tying a version of WCry from February to Lazarus Group, a hacking operation with links to North Korea. In a report published last month, Kaspersky Lab researchers said Bluenoroff, a Lazarus Group offshoot responsible for financial profit, installed cryptocurrency-mining software on computers it hacked to generate Monero coins. "The software so intensely consumed system resources that the system became unresponsive and froze," Kaspersky Lab researchers wrote.

Assembling a botnet the size of the one that managed WannaCry and keeping it under wraps for two to three weeks is a major coup. Monday's revelation raises the possibility that other botnets have been built on the shoulders of the NSA but have yet to be identified.

Promoted Comments

  • Everyone infected with Adylkuzz can regard himself as highly fortunate.
    Because Adylkuzz closed the infection route to prevent reinfection as a side effect it also closed the infection route against WCry. And compared to a deadly WCry infection the Adylkuzz infection is just a mere cold.
    Without the prior Adylkuzz bot, the impact of WCry would have been even worse.
    119 posts | registered 10/28/2008
  • We got a 64 core Linux server (with Xeon Phi processor) hacked on April 15 to mine Monero coins. The hack went through a cups (< 2.03) bug, unpatched in the latest patched CentOS 7.3 distro, allowing to install without any remote login a vmware image. Then a user "support" was created, using the monero binary over the 64 cores (they missed to use 256 possible threads actually) over the Easter week end, and communicating with chinese ip addresses. Every 5 min the crontab file was ensuring the hack would restart in case of interruption.

    The server has been reinstalled with a more recent Linux distro and no printer service.Using a botnet to mine cryptocurrency is also especially ill-conceived in the first place since the average CPU/GPU configuration is not particularly powerful… In fact, the majority of computers are likely to use iGPUs, so even across so many computers, the mining output of such a botnet is actually not that productive compared to dedicated GPU mining operations.

    Monero is known for being much more friendly to CPU miners due to the use of a different Proof-of-work algorithm that is AES heavy and uses a 2MB scratch. This makes it optimal for mid-high end desktop PCs that have multiple cores with large cache sizes. To date, there are no known ASICs for monero, and most GPUs only get about 10x over decent CPUs. Scale that to a large botnet, and you could collect double-digit chunks of the hash rate.

    Chuck Reynolds
    Contributor
    Please click either Link to Learn more about –
    TCC-Bitcoin.

Start investing in bitcoin and earn up to 45% ROI Monthly

Start investing in bitcoin and earn up to 45% ROI Monthly

  

Trade Coin Club TCC

Start investing in bitcoin and earn up to 45% Return On Investment  This is what Trade Coin Club can offer you when you sign up for the “Senior Trader” account.  You see, Trade Coin Club wants to make you money as the company makes money and they are willing to cut you in on the action.

Secure your position fast here:

https://office.tradecoinclub.com/register/chuck212

All you have to do is sign up and invest using bitcoin and you can start building a nice little nest egg for your future.

What Is Trade Coin Club?

Trade Coin Club was registered on August 2, 2016, in Belize. The site is registered as private enterprise

The Product

Trade Coin Club doesn’t offer any retail cable products for sale but offers residual income opportunities.

The Opportunity

There are several ways for you to make money. One of the ways is by the compensation plan. Within this structure, there are three levels you can join.  The first level is the “Apprentice” which requires you to invest 0.25 to 0.99 BTC. Once you set up your account you can then begin to earn 0.35% ROI daily. The ROI is good for 8 months and the company is hoping that with the extra funds you might want to step up to the next level which is “Trader”.

Secure your position fast here:

https://office.tradecoinclub.com/register/chuck212

To Learn more, check this page as there much more info. http://hive.pe/80

There are 3 Trading options. No need to recruit or sponsor anybody

1). Apprentice – 0.25 btc gives back up to 0.99btc

2). Trader – 1btc gives back up to 4.99btc

3). Senior trader – 5btc.

All options come with a membership processing fee of 0.05 BTC. At the “Trader” level you invest 1 to 4.99 BTC. Once you have everything in order and your funds in the account, you are guaranteed to receive 0.4% ROI. Now with the “Trader” account, you are granted the 0.4% ROI for 12 months instead of 8 months you get with the “Apprentice”.

Next, you can sign up for “Senior Trader” with an investment of 5 BTC. Now you can invest more if you want, but the minimum is 5 BTC in order to be in this category. In the “Senior Trader” compensation plan you are guaranteed 0.45% ROI daily for one full year.

The only thing you need to be aware of when signing up to join the compensation plan is the 25% maintenance fee on ROI that is mandatory to be paid every four months. If you want to refer people, you earn some bonuses. It is not compulsory to refer people at all: To earn through the company’s referral program. The referral program goes down eight levels deep, you can be sure to earn a little extra cash while still collecting your daily ROI. How much you make all depends on what plan you signed up for.

If you are an “Apprentice” you will earn 10% for those you recruit on level one. You will then earn 3% for those in level two and 2% for those you recruit who are placed on level four. Once you get that ranking you can fill up all eight levels. Apprentice only allows you to go down to level four, while Trader only allows you to go down as far as level 6. Other compensations are also available

Gift items such as Rolex watches, Car Awards, Traveling and international training opportunities. You make your money work for you and also enjoy time freedom in grand lifestyle.TradeCoinClub The Worlds First Licensed Top 10 Auto-Trading Cryptocurrency Platform. Join us in pre-launch to be a pioneer. Contact me asap to join.

Chuck Reynolds
Contributor
Please click either Link to Learn more about –
TCC-Bitcoin.