Topic: what are the method that the seller can make profit without mining??? (Read 270 times)
sorry i dont get what you are talking about so sorry. what is ZEIT?? i cant found the information too.
July 16, 2017, 02:28:03 PM
PoW Mining loses because of the constant increasing costs related to electricity and ASICS.
Meaning the price per coin has to continue to increase to cover the ever increasing network operations cost.
Also the problem that eventually the electricity required will be more than a small country.
PoS solves the electricity & asics issues, and is superior to PoW in those regards.
PoS problem is the ever increasing inflation , that is the result of PoS which always causes a downward price pressure per coin due to how PoS works.
The Solution is PoST , Proof of Stake Transactions
Which at the present time only ZEIT is implementing beginning on Aug 11th, 2017.
The way PoST works is the coin has an Ultra Low Inflation Rate,
Ultra low for ZEIT is .0005% per year, meaning less than 500 new coins will be created per day.
The network consensus is still Proof of stake, however the interest rate is so low , you can make more money per block by processing transactions fee than from the interest rate.
As such , you can sell your interest rate & transaction fees income and never touch your principle.
However , if you do sell your principle you decrease your ability to compete for transaction fees in the future when the price of the coin is higher.
At this point in time , this is the best solution on the market.
Meaning the price per coin has to continue to increase to cover the ever increasing network operations cost.
Also the problem that eventually the electricity required will be more than a small country.
PoS solves the electricity & asics issues, and is superior to PoW in those regards.
PoS problem is the ever increasing inflation , that is the result of PoS which always causes a downward price pressure per coin due to how PoS works.
The Solution is PoST , Proof of Stake Transactions
Which at the present time only ZEIT is implementing beginning on Aug 11th, 2017.
The way PoST works is the coin has an Ultra Low Inflation Rate,
Ultra low for ZEIT is .0005% per year, meaning less than 500 new coins will be created per day.
The network consensus is still Proof of stake, however the interest rate is so low , you can make more money per block by processing transactions fee than from the interest rate.
As such , you can sell your interest rate & transaction fees income and never touch your principle.
However , if you do sell your principle you decrease your ability to compete for transaction fees in the future when the price of the coin is higher.
At this point in time , this is the best solution on the market.
July 16, 2017, 12:41:06 PM
this few week i saw many people start to selling mining rig(new) to the customer, and those mining machine is take care by the customer itself and electricity too. before they selling it to the customer they already install all the thing inside and the only thing you need to do is open the pc that all!!!(include your address wallet....all thing)
so come back to the topic. i have ask the seller are you seller in a high price? or the normal market price? they say market price which mean the normal price. and after that he told me when he sell the machine and the customer start mining then they can earn money(commission) from them when ANY ETH ZCASH IS PAYOUT FROM THE POOL.
and the work is open pc then it will start mining and that is no screen no window and others. but the cpu and gpu fan is running.... is anyone know how they do it? to earn commission from the customer. THANK YOU FOR SHARING YOU INFORMATION TO ALL OF US THX^^
so come back to the topic. i have ask the seller are you seller in a high price? or the normal market price? they say market price which mean the normal price. and after that he told me when he sell the machine and the customer start mining then they can earn money(commission) from them when ANY ETH ZCASH IS PAYOUT FROM THE POOL.
and the work is open pc then it will start mining and that is no screen no window and others. but the cpu and gpu fan is running.... is anyone know how they do it? to earn commission from the customer. THANK YOU FOR SHARING YOU INFORMATION TO ALL OF US THX^^
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