Open coin vs bitcoin mineral
Our blockchain has new integrated savings technology that allows our users to safely park their coins and earn interest payments without ever moving coins from their wallets. Don't Risk Your Coin Holdings Unlike other interest payment platforms that require you to send your coins to them, Bitcoin Interest is the first fully decentralized interest payments platform that will never ask you to send your coins anywhere!
With our advanced interest technology you can hold your coins in your own wallet and receive interest payments with absolutely no risk to you. You'll never be required to trust your coin holdings with anyone again! Join the Official Bitcoin Interest Chatroom! Bitcoin Interest is built using the latest technology, focusing on speedy frictionless transactions. Bitcoin Interest can handle many transactions per second while reducing the bottlenecks and lag of the legacy version of Bitcoin.
Our community recognizes that open coin vs bitcoin mineral have a viable and robust ecosystem that the miners must be treated with fairness and respect. Bitcoin Interest is an enhanced Proof of Work "PoW" Equihash algorithm and will start off with a much lower mining difficulty than Bitcoin allowing the miners in our community to benefit from higher rewards. By utilizing GPU mining, we will see a more decentralized network as we will not be excluding any of the smaller miners.
Bitcoin Interest wants to minimize the advantage that specialized hardware miners such as ASICs have over commodity hardware setups. Our advanced savings technology allows open coin vs bitcoin mineral coin holders to safely park their coin holdings in their open coin vs bitcoin mineral wallets.
Users can earn weekly or monthly interest payments in the form of Bitcoin Interest "BCI" coins with absolutely no risk of losing their BCI coin holdings. Bitcoin Interest has a well-rounded open coin vs bitcoin mineral Our Engineers have deep knowledge of Cryptography and Decentralized Systems.
We do not Control Bitcoin Interestnor do we control the open coin vs bitcoin mineral or distribution of Bitcoin Interest.
Our community contributes to the decentralization, helping to protect it from failure. We launched Bitcoin Interest to help the community of miners and coin holders alike, as they are the ones that continue to drive this industry towards success. Manuel Gonzalez Garcia Director of Marketing.
Bitcoin Interest is peer-to-peer electronic cash for the Internet. It is fully decentralized, with no central bank and requires no trusted third parties to operate. It will also pay you interest for open coin vs bitcoin mineral parking your coins open coin vs bitcoin mineral set time period. Mining Pools will be announced soon. Bitcoin Interest is the continuation of the Bitcoin project as peer-to-peer digital cash. It is a fork of the Bitcoin blockchain ledger with upgraded consensus rules that allow the user to earn income from their parked coins.
If you held Bitcoin at the time Bitcoin Interest was created you received a 1 to 1 swap from Bitcoin to Bitcoin Interest. This means that Bitcoin holders at block now have the same amount of Bitcoin Interest as they had in Bitcoin. If your Bitcoins are stored by a third party then you must inquire with them about your Bitcoin Interest coins. Any transactions after block ledger split are completely separate between Bitcoin and Bitcoin Open coin vs bitcoin mineral.
This means any Bitcoin acquired after the split does not include any Bitcoin Interestand any Bitcoin Interest does not include any Bitcoin. You must first register for an account on the Bitcoin Interest website. You can park your coins by choosing an interest pool cycle of either Weekly or Monthly.
If you open coin vs bitcoin mineral to join the interest pool round after it has started you will only be eligible to receive interest for the remaining days.
If you move your parked BCI coins out of your wallet before the interest open coin vs bitcoin mineral round has ended, you will not receive your interest payment. Yes, your parked BCI coins are safe.
You can park your BCI coins from your desktop wallet and our system will check your assigned BCI address to make sure your parked balance has not changed. Bitcoin Interest will never hold or control your BCI coins, you are always in full control of your holdings!
Bitcoin Interest addresses will start with either the letters i or A to clearly distinguish from Bitcoin addresses which start with 1 and 3. This will prevent people from mistakenly sending to incorrect addresses. The legacy Bitcoin code gives you no rewards for holding your coins while most financial open coin vs bitcoin mineral offer you the opportunity to generate interest on your savings.
Bitcoin Interest was created to provide you with a safe, decentrilized and profitable alternative for storing your wealth. Bitcoin interest will retain 1. Funding the monthly interest pool for the first year with the following amounts: Open coin vs bitcoin mineral extensive marketing campaign to promote early adoption of Bitcoin Interest. Continuous Bitcoin Interest improvements and development costs. Paying ongoing server maintenance costs.
Another option would be to transfer your BTC to an exchange that will be supporting the Bitcoin Interest fork at launch and simply hold your BTC there.
They should credit your account automatically after the fork. Please contact the exchange to ensure they will be supporting the BCI fork. What is Bitcoin Interest? Enter Your Email For Updates: Thanks for filling out the form! Technology Bitcoin Interest is built using open coin vs bitcoin mineral latest technology, focusing on speedy frictionless transactions.
Community Our community recognizes that to have a viable and robust ecosystem that the miners must be treated with fairness and respect. Savings Our advanced savings technology allows our coin holders to safely park their coin holdings in their own wallets. Storing your wealth in Bitcoins translates into missing out on one of the most significant benefits of traditional banking: Users can now earn interest payments in a decentralized manner by parking their Bitcoin Interest "BCI" coins for a set period time.
Here's how it works:. This is achieved through what we call, "Enhanced Proof of Work" using the Equihash algorithm. The interest pool reward will start at 1. This setup will ensure that interest payments are always available for those that choose to participate in parking their BCI coins. The interest rate depends on two things: After parking your coins, our system will continuously check to ensure that they are parked for the entirety of the interest round.
At the end of the round, the system will proportionally distribute the balance of the interest pool to those who parked their coins. When you decide to park your BCI coins you agree to not move your coins until the current round has ended.
If you choose to move your BCI coins before the round has ended, you will not receive an interest payment which is why it is in your best interest to lock in your coins for the open coin vs bitcoin mineral of the round.
Each block that is solved generates Configuration Guide How to configure your miner Download Mirror 1. This method is a very fast and simple way to claim your BCI coins. We will be using the Electrum bitcoin wallet for this tutorial, but the information in this tutorial can be applied to the majority of the bitcoin wallets out there. If you can export your private keys from your bitcoin wallet, then this tutorial will work for you.
You should never trust importing your private key anywhere, this is how you avoid any risk. If you receive this error "Error: Please enter the wallet passphrase with walletpassphrase first. Find the option to export your private key, in electrum; there are two ways to export the private key. If you have multiple addresses you can filter to display only the addresses that have been ' Used ' under the " Addresses " tab you will find a dropdown box with different open coin vs bitcoin mineral.
Even if the addresses have 0 balances at this moment in time, it might be worth the effort to import all of the addresses that have had transactions into the Bitcoin Interest wallet as you might find that you will obtain more BCI coins this way. Copy the private key that you would like to import into the Bitcoin Interest wallet. You will see a dialog box pop up that says " Rescanning " this can take a few hours to complete.
You can complete this task for as many private keys as you wish. Lars Mapstead Chief Executive Officer. Aaron Mathis Head of Development. Nicholas Dooley Business Development. Jeffson Wu Blockchain Engineer. Pekka Larjovuori Blockchain Operations. Felix Ippolitov Lead Developer.
Can I Mine Bitcoin Interest? Is Bitcoin Interest different from 'Bitcoin'? How do I receive interest payments? Will my parked BCI open coin vs bitcoin mineral be safe? Why you should use Bitcoin Interest? Will Bitcoin Interest retain coins? How do I contact Bitcoin Interest? Media Media inquiries email: