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Coinbase CEO Confirms Litecoin Support as Trading Volumes Surge ​​Coinbase customers and users will soon be able to purchase Litecoin with fiat money.On April 5, the company’s CEO Brian Armstrong confirmed with Litecoin creator and Coinbase Director of Engineering Charlie Lee that the trading platform will add Litecoin support to accommodate its growing user base.In February, Lee first hinted his plan to introduce the Bitcoin Core development team’s scaling solution Segregated Witness (Segwit) to Litecoin.Lee noted that the vast majority of the community does not have a proper understanding of Segwit and its potential impact on the Bitcoin network.As such, Lee hoped to prove the level of optimization and efficiency Segwit can bring to a blockchain network.Specifically, Lee spoke highly of Segwit’s ability to provide both block size increase and an infrastructure for two-layer solutions such as the Lightning network to prosper.In an Ask Me Anything (AMA) event, Lee stated: “So as developers, we need to see if the economic majority of Litecoin users want Segwit.
From what I am seeing today, the support is overwhelmingly in favor.So if it comes to that, we will have to decide what drastic measures to take to add Segwit to the protocol.But we are not close to that point yet.” For the most part, Lee’s vision of adopting Segwit for Litecoin scalability met the demands of the community.As mentioned above, miners, developers and users of Litecoin were in support of Segwit implementation from the very beginning.In order for Segwit to be activated on Litecoin, 75 percent of the network’s miners must signal their support for Segwit.join bitcoin whatsapp groupToday, as of April 7, the hash power consensus for Segwit activation is 5 percent away from being achieved.bitcoin core raspberry pi 2How Segwit Relates to Coinbase Support & Litecoin Trading Volume Litecoin price began to surge exponentially upon the introduction of Segwit.bitcoin atm in cyprus
The daily trading volume of Litecoin continued to rise as the hashrate supporting Segwit activation increased.In fact, on GDAX, the Global Digital Asset Exchange of Coinbase, Litecoin trading volume surpassed US$10 million.“Litecoin GDAX volume is over $10M.Brian Armstrong, I think it's time we let people easily buy Litecoin with fiat on coinbase.” Armstrong agreed to Lee’s proposal and granted the final approval to the Coinbase development team to support Litecoin trading.bitcoin denial of serviceLitecoin can be described as a replica of Bitcoin in many ways, in terms of structure, philosophy and purpose.bitcoin vice podcastThus, Litecoin makes a perfect platform to test solutions like Segwit before being activated and implemented onto the Bitcoin network.mol to bitcoin
Most investors, traders, developers and users are currently eager to see the impact of Segwit on a commercially successful blockchain network like Litecoin.The cryptocurrency community is highly anticipating the activation of Segwit as several large mining pools including the world’s second biggest Bitcoin mining pool F2Pool announced that they will push Segwit on Bitcoin if it is successfully activated on Litecoin.If Segwit becomes activated on the Litecoin network, the price of Litecoin will continue to surge.bitcoin blockchain size graphAs shown on the image above, over the past two weeks, Litecoin price increased exponentially due to the rise of Segwit support and the likelihood of activation.litecoin price chart gbpCloud mining The cloud mining as a service is provided on specialized equipment- ASICs.coindesk bitcoin price
The profitability of cloud mining is determined by the quantity of mined coins and their market price.Therefore, at the end of the contract or during the contract period, you will receive cryptocurrency payments or equivalent payments in Fiat on your wallet, proportional to the quantity of hashing power you lease. users information about the opportunities and profitability of cloud mining investments, we have developed a specialized mining monitoring.We regularly buy test contracts and conduct accounting of the costs&benefits, which makes it possible to understand what websites are most profitable.In detail # Service Profitability DescriptionAmount Payments: Status 1 Hashing24 Mining as a Service Added:26.05.2017 Languages: 170.52 %/yearSelling hashpower for mining Bitcoin.The main supplier of hashrate is the company "BitFury".Withdrawal minimum: 0.001 BTC Payment methods: Visa/Mastercard, OkPay, Bitcoin, Wire Transfer.Overview of Hashing24 242.41 $ 30.5771$12.61%28 daysRecent activity: Note Date: 23 June 2017 18:02 2 HashNest S9 Mining as a Service Added:11.10.2015 Languages: 134.64 %/yearLease mining rig for SHA256 mining.
It is possible to buy equipment and install it in the data center of the company.Also there is the option of buying and selling hash power.Forums: (1)Overview of HashNest S9 38.02 $ 24.9656$65.66%195 daysRecent activity: Note Date: 24 June 2017 13:59 3 Genesis Mining LiteCoin Mining as a Service Added:31.01.2017 Languages: 127.84 %/year Selling hashing power for LiteCoin cryptocurrency.The Scrypt contract has a duration of 2 years.Monitors: (1) Forums: (7)Overview of Genesis Mining LiteCoin 55.64 $ 28.5485$51.31%142 dayRecent activity: Payment received Date: 21 June 2017 15:13 4 HASH-MINER Mining as a Service Added:23.12.2016 Languages: 105.92 %/yearRenting graphic card hashpower.Mining Ethereum (ETH) / Zcash (ZEC).The purchase and sale of equipment shares is being carried out on DOLEVIK.Indefinite duration of the contract.Overview of HASH-MINER 60 $ 30.4707$50.78%179 daysRecent activity: Note Date: 24 June 2017 14:01 5 HashFlare Scrypt Mining as a Service Added:28.03.2015 Languages: 64.9 %/year Lease mining rig for SHA256, Scrypt mining.
The minimum withdrawal amount is 0.0004 BTC(including withdrawal fee).The withdrawal fee is 0.0003 BTC.Forums: (8)Overview of HashFlare Scrypt 296.04 $ 267.2701$90.28%675 daysRecent activity: Payment received Date: 24 June 2017 14:08 6 KikoHash Mining as a Service Added:31.05.2016 Languages: 60.81 %/yearThe webiste offers for rent GPU hash power.Monitors: (1) Forums: (8)Overview of KikoHash 101.7 $ 62.8459$61.8%388 daysRecent activity: Note Date: 23 June 2017 08:20 7 CryptoMining Farm Mining as a Service Added:07.12.2015 Languages: 55.65 %/year SHA256 mining rig for rent.The contract duration is 15 years.Price per 1000 GHs - $969.The guaranteed rate of return - $0.9 per day for the entire period of 15 years.Forums: (1)Overview of CryptoMining Farm 414.05 $ 298.7302$72.15%561 dayRecent activity: Note Date: 23 June 2017 18:19 8 Bitmakler CmS AVG Cloud Added:15.06.2015 Languages: 47.12 %/year A special tool created to make cloud mining transactions and operations more convenient and reliable.
The main goal is to reduce the risks for those who want to rent mining rigs and provide additional options for refund (withdrawing funds from cloud mining websites.)Overview of Bitmakler CmS 85138.49 $ 82416.7737$96.8%740 daysRecent activity: Payment received Date: 20 June 2017 11:08 9 KikoHash_GPU Mining as a Service Added:19.04.2017 Languages: 45.06 %/yearThe webiste offers for rent GPU hash power.Monitors: (1) Forums: (8)Overview of KikoHash_GPU 421.69 $ 24.9758$5.92%66 daysRecent activity: Note Date: 24 June 2017 14:02 10 HashFlare SHA-256 Mining as a Service Added:28.03.2015 Languages: 43.31 %/year Lease mining rig for SHA256, Scrypt mining.Forums: (8)Overview of HashFlare SHA-256 476.33 $ 538.4641$113.04%675 daysRecent activity: Payment received Date: 24 June 2017 14:10 11 HashFlare Dash Mining as a Service Added:29.04.2016 Languages: 36.88 %/year Forums: (8)Overview of HashFlare Dash 30.07 $ 9.5061$31.61%313 daysRecent activity: Note Date: 23 June 2017 18:20 12 HashNest S7 Mining as a Service Added:11.10.2015 Languages: 35.8 %/year Lease mining rig for SHA256 mining.
Forums: (1)Overview of HashNest S7 33.77 $ 23.7441$70.31%622 dayRecent activity: Note Date: 24 June 2017 14:00 13 CMSHP AVG Cloud Added:14.10.2015 Languages: 26.16 %/yearA tool allowing you to buy hashrate simultaneously from the group of the top most profitable cloud mining websites, with additional opportunities of refunding your investments (entry-exit these cloud mining websites).Overview of CMSHP 311152.11 $ 310117.5653$99.67%619 daysRecent activity: Payment received Date: 20 June 2017 11:08 14 HashFlare ZCash Mining as a Service Added:01.11.2016 Languages: 3.27 %/year Forums: (8)Overview of HashFlare ZCash 52.92 $ 0.47$0.89%234 dayRecent activity: Note Date: 22 June 2017 09:47 15 BW B16 Mining as a Service Added:24.10.2015 Languages: 92.35 %/year Lease mining rig for SHA256.There is the opportunity to buy/sell hashrate.Each project is divided into two stages: 1.
Collecting funds for buying equipment; 2.Purchase of hashrate.Overview of BW B16 21.71 $ 19.4391$89.54%372 dayRecent activity: Note Date: 24 June 2017 14:06 16 BW B12 Mining as a Service Added:24.10.2015 Languages: 105.52 %/year Lease mining rig for SHA256.Purchase of hashrate.Overview of BW B12 11.06 $ 16.4554$148.78%533 dayRecent activity: Note Date: 24 June 2017 14:04 17 BitcoinWare Dedicated Mining Added:23.11.2015 Languages: Providing data center for your equipment.Electricity cost: 75$/kW per month.Overview of BitcoinWare - - 18 AsicSpace Dedicated Mining Added:21.08.2015 Languages: Provides data center for your equipment.The price of installing your equipment is basically the electricity cost, which starts at $60/kW/month - up to $85 /kW/month.Overview of AsicSpace - - 19 Bitminer3 Mining as a Service Added:25.07.2015 Languages: Lease mining rig for SHA256.
Minimum hashing power to buy: 1THs for 1 year.Total hashing power for SHA256: 1PHs.Overview of Bitminer3 - - 20 Bit-Miner Mining as a Service Added:26.01.2015 Languages: Lease mining rig for SHA256 mining.Minimum hash power - 10 GH/s (sha256).The duration of the contract is unknown.15% of income is deducted for maintenance.Overview of Bit-Miner - - 21 HashCoins Dedicated Mining Added:18.01.2015 Languages: Provide data center for assembling HashCoins equipment.The period of the contract is 1 year.Maintenance and energy costs: 1TH/s - 1.4$.Upon completion of the contract period the equipment is sent to you.Overview of HashCoins - - 22 HashPlex Dedicated Mining Added:14.01.2015 Languages: Provide data center for your equipment.The minimum duration of the contract is 1 year.Overview of HashPlex - - 23 Toomim Bros Bitcoin Dedicated Mining Added:13.01.2015 Languages: Provide data center for your equipment.
Preference for Spondoolies and Cointerra equipment.Overview of Toomim Bros Bitcoin - - 24 NiceHash Leased Mining Added:11.01.2015 Languages: Lease network capacity for SHA3, SHA256, Scrypt, Scrypt-N, X11, X13, X15 and other algorithms.The lease duration depends on your capabilities and the price set for GHS/day.There is the possibility of setting a mining pool.Overview of NiceHash - - 25 MiningRigRentals Leased Mining Added:11.01.2015 Languages: Lease network capacity for SHA3, SHA256, Scrypt, Scrypt-N, X11, X13, X15 and other algorithms.The duration of the lease is from 3 hours up to 2 months.There is the possibility of setting a mining pool.Overview of MiningRigRentals - - ARCHIVE:     How does the monitoring of cloud mining websites work?Latest transactions: Amount Operation Service Date 6.77094$ Payment received HashFlareSHA256 24 June 2017 14:10 15.02713$ Payment received HashFlareScrypt 24 June 2017 14:08 0$ Note Bitcoin Website (BW B16) 24 June 2017 14:06 0$ Note Bitcoin Website (BW B12) 24 June 2017 14:04 0$ Note KikoHash_GPU 24 June 2017 14:02 0$ Note HASH-MINER 24 June 2017 14:01 0$ Note HashNest S7 24 June 2017 14:00 0$ Note HashNest S9 24 June 2017 13:59 0$ Note HashFlare Dash 23 June 2017 18:20 0$ Note HashFlareSHA256 23 June 2017 18:19 0$ Note CryptoMining Farm 23 June 2017 18:19 0$ Note HashFlareScrypt 23 June 2017 18:17 0$ Note HashNest S9 23 June 2017 18:04 0$ Note Hashing24 23 June 2017 18:02 0$ Note KikoHash 23 June 2017 08:20 8.35$ Payment received Hashing24 23 June 2017 08:17 0$ Note KikoHash_GPU 22 June 2017 09:47 0$ Note HashFlare ZCash 22 June 2017 09:47 0$ Note HashFlare Dash 22 June 2017 09:46 0$ Note HashFlareSHA256 22 June 2017 09:45 0$ Note HashFlareScrypt 22 June 2017 09:41 How does the monitoring work: We select websites which lease hashing power, then we get a leasing deal for a minimum $10 contract and we track payments.
All the activity performed by the Deposit Administrator: receiving payments, buying/selling hashing power is registered in the card of each cloud mining website in the latest news section and in here.All the transactions are carried out in USD using the BTC-E exchange rates, regardless of the currency in which the deposit was made or the payments were completed.This is done for unifying reporting processes and convenience.Updating information on received payments is done manually several times per week.Table field: Тест - what hashing power we leased/bought from the provider Amount - Cost USD (at the moment of the purchase) Paid - how much did the provider payed so far in USD and percentage of the total cost of the contract Profitabillity - prediction of annual accrual on the deposit.The calculation is based on received payments, not on advertised rates that can be found on the provider's website.Since the provider can advertize $10 payments, but actually will charge a percentage for electricity, a percentage for equipment wear and a percentage for transfer, you'll get, as a result, $6.
That's why we're conducting our profitability prediction based on the fact of completed payments.The rate of return is calculated based on the cryptocurrency exchange rate at the time of the payment.The astrologers have refused to give details about the cryptocurrency exchange rates, difficulty and turning scam probability in the future.So for this reason, the profitability rate will change after each payment because the overall profitability of a contract cannot be foreseen in advance.Status description: - The website is temporarily or permanently out of our monitoring (read the comments in website description card) - Regular payments, no problems occured - made a deposit/leased hashing power - waiting our first payment or the website has problems with payments.- SCAM or closed unexpectedly giving a refund.Warning: Cloud mining investments are associated with high risks, so any previous payments made by a cloud mining website or an investment fund do not guarantee that payments will be steady and regular in the future.