Pope Francis Distributes BTC or It Is a Crypto Scam?

Pope Francis

Pope Francis published a tweet, which the bot replied today to. One dummy account tried to confuse users of Twitter using the nickname “@_Poontifex,” which is very similar to the official nickname of  Pope Francis Twitter – @Pontifex.” He tried to distribute BTC, and as you may understand, it turned out to be a cryptoscam.

Another user “@RicardoStark7” commented that tweet, saying that the transaction is very fast. Since bots liked and reposted the tweet, the latter got to the top response.

What is important to notice, this conversation may seem okay to an ordinary user, as Pope Francis seemed to reply to himself.

We want to warn you that there are a lot of scammers in Twitter, and advise to be extremely careful with the projects you want to invest in.

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A Video Gamer Received a 20-Bitcoin Donation on Twitch

A video game player under the nickname Sick Nerd received a donation from an anonym in the amount of 20 Bitcoins when playing the game RuneScape and streaming it on the platform Twitch.

Sick Nerd mentioned this on his Twitter:

At first, the streamer received only 4 BTC. He didn’t take it seriously right away, but kept receiving new donations in cryptocurrency. Overall, Sick Nerd became richer by over 20 BTC during his streaming session.

This is the largest crypto donation sent to a video game player ever, and, of course, the largest donation ever received by Sick Nerd (more than 70 thousand dollars).

Cryptocurrency keeps making its way into every sphere of human activity, and video games are no exception. We remind you:

Cryptocurrency Games: Bitcoin Game Review

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Swedish Scammers Try to Sell Fake National Cryptocurrency

The main bank of Sweden, Riksbank, is warning its customers and all citizens of the country about the scam cryptocurrency roaming around – a fake e-krona.

On certain websites and in social media, false information is circulating claiming that the Riksbank is selling e-kronas,” is stated on the official site of the bank.

In fact, the project of launching a state-run digital currency appeared back in 2017. This is due to the fact that less and less Swedish people are using physical money when buying things.

Experts say that by 2025 half of all establishments in the country will stop accepting cash.

Meanwhile, the official project of e-kronas is still in the making, a lot of things have to be finished, thus, the Swedish cryptocurrency will not come out any time soon.

Riksbank warns that any person who claims to be selling e-kronas, especially on behalf of the bank, is a fraudster.

We remind you:

The Most High-Profile Scam Projects of 2018

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How to Get Bitcoin And How Profitable is Mining in 2019

Appearance of Bitcoin has marked the beginning of a new era in development and dissemination of money. 2018 became a crucial point for cryptocurrencies. In this article we will talk more about Bitcoin mining, find out what is needed and how to earn from it.

1. What is Bitcoin mining?

BTC mining is carried out with the help of specialized computer equipment, so-called Bitcoin farms. In order to open a new block, the miners resolve complex mathematical problems, for which the network rewards them with X number of coins.

Bitcoin algorithm is designed in such way, that every 210 thousand blocks the reward decreases exactly by twice. At the very beginning, miners received 50 coins for each new block, then this number was reduced to 25, and now this value is 12.5 BTC.

2. What are the ways to get Bitcoins?

Bitcoin is the most popular cryptocurrency in the world, many people would like to become its lucky owner. Here are some ways to do it:

– Bitcoin faucets. This is an absolutely free method to get coins. It lies in performing various simple tasks, such as decoding and entering captchas, clicks on advertising links, browsing advertisers` websites, etc. This work is absolutely simple, but it requires  patience. We want to remind you, that reward for such work is purely tokenistic and it is not possible to earn decent money from Bitcoin faucets.

– Mining. This method means investment into equipment. It can be completely different: you can organize home mining on graphics cards spending 2-3 thousand US dollars on it, or you can build a huge data center by investing hundreds of millions of US dollars into this enterprise. Thus the income should be directly proportional to the initial investment. Unfortunately, today cryptocurrency is so volatile that it is impossible to calculate how much profit Bitcoin mining will bring in 2019.

– Salary in crypto. Nowadays, the fact of getting salary in cryptocurrency is no longer supernatural. Yes, it is still uncommon, but it is far from single instance.

– Purchase. The most obvious way to get cryptocurrency is to purchase it. Nowadays, you can buy Bitcoin using a large number of services (exchanges, currency exchange offices, individuals, etc.).

3. What is needed in order to start BTC home mining ?

In general, this is rather a broad theme, but in this article we will only briefly run through the main points, without which home mining is impossible. So you need to:

  1. Buy equipment for mining (graphic cards or ASIC miners).
  2. Create a Bitcoin wallet. Without this it will be impossible to get coins.
  3. Select a mining pool. Nowadays the hash rate (total computing power of all the miners) of Bitcoin network is really huge, that is why the algorithm constantly increases its overall complexity. This is why it will be very difficult for one miner to open a new block even with sufficiently powerful equipment.
  4. Install a special software for mining.
  5. Follow the process and, if necessary, repair or replace the components.

You should also remember that mining equipment (especially ASIC-miners) make a noise and heat up while working, therefore installment of farms in a residential house is not a good idea.

4. What is cloud mining?

There is another way to start mining Bitcoins. This is a cloud mining. It does not involve physical contact of person with equipment. A user buys a certain amount of computing power at a large data center and immediately starts to get income from it. So, how is it better to mine Bitcoin, on your own or using cloud? Everyone will find his own answer. Definitely, profit of home mining will be higher, but cloud mining will ease your pain associated with farm maintenance. Someone is willing to pay for his or her comfort, but another one would prefer to do everything by independently, therefore, everyone decides on one’s own.

5. Which video adapters work best for Bitcoin mining?

Each particular video adapter has its own payback period, which directly depends on what is happening on the cryptocurrency market. 2019 has just started, so here is the list of the most cost-effective video adapters for BTC mining in 2018:

  • NVIDIA GTX 1080 TI.
  • NVIDIA GTX 1070 TI.
  • NVIDIA GTX 1070.
  • RADEON VEGA FRONTIER EDITION.
  • RADEON RX VEGA 56.
  • RADEON MINING RX 470.
  • NVIDIA P106-100 (GEFORCE GTX 1060).

6. How to calculate Bitcoin mining correctly?

Bitcoin rate is very volatile, network hash rate is also unstable, so, it is almost impossible to calculate exactly the mining profit. But there are convenient calculators which will help you to find out at least approximate numbers.

7. What does BTC rate depend on and what will happen next?

Bitcoin price varies in the trading range of USD 4000.00. Bitcoin emission is limited and it amounts to 21 million coins. Over 17 million ones have already been mined. But it is necessary to recall a double decrease in the remuneration for a found block, which occurs every 4 years. It is easy to calculate that over the next 30 years, more than 99% of all coins will be mined, and the remaining 1% will be mined over the next 100 years.

According to the laws of economics, this feature makes Bitcoin a very valuable and, most importantly, a limited resource. Now Bitcoin capitalization is about 70 billion US dollars, and it is absolutely a wasted number from the world scale perspective. Many market experts predict a great future for this coin, for example, John McAfee believes that 1 Bitcoin by December 2020 will be USD 1,000,000.00.

If to take a look at Bitcoin chart for the entire history, one can see approximately the same picture of what is happening: rapid growth, prolonged correction, stagnation after which the cycle repeats. Moreover, every time during the correction, the media “buries” Bitcoin, and the coin after some time again renews its previous records.

8. Conclusion

Bitcoin mining, as of the beginning of 2019, is not a very profit-making enterprise without major initial investment. Bitcoin mining should be considered more like an investment for the future, when BTC becomes a very scarce asset and its value can literally skyrocket. Well, we cannot do anything but wait and actively monitor the developments.

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GMO Will Keep On Mining Bitcoins at a Different Location

One of the world’s largest IT companies, Japan-based GMO has published its monthly report regarding its mining activities and the profits coming from them.

We remind you:

Japanese GMO Releases a Monthly Update: What Has Changed As For Mining?

Based on the December’s document, the revenue from mining cryptocurrency has dropped down  significantly which implies that immediate measures must be taken.

One of the biggest pitfalls of mining is the amount of electricity consumed and its high price. Thus, GMO made a decision to relocate its main mining center into a different area, where electricity will cost way less.

We will relocate the mining center to a region that will allow us to secure less expensive power supply,” reads the report.

Moreover, the company refuted all the rumors regarding its alleged plans of giving up mining completely. Since 2017, when GMO first engaged into mining, it has earned massive profits and still sees potential in crypto.

As we may see in the statistical data, the mining reward for Bitcoin increased a lot in the last month of December, whereas Bitcoin Cash suffered a hard fall. But the crash of the crypto market and Bitcoin in particular could not be controlled by GMO and affected its business quite badly, making it “move houses”.

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The Dark Overlord Threatens To Reveal The Truth of 9/11 Attacks Unless Ransom in Bitcoin is Paid

The Dark Overlord, a hacking group, famous for posting unreleased episode of TV series “Orange is the New Black” in April 2017, decided to resume its blackmailing, however, this time it is not just an entertainment company Netflix, but insurance companies which possess information about 9/11 attacks.

The hackers claimed that they had hacked several insurance firms, like Hiscox Syndicates Ltd, Lloyds of London, and Silverstein Properties. These companies insured World Trade Centers in New York. It is still unclear what kind of information was stolen, but the culprits are trying to capitalize on conspiracy theories around the 9/11 attacks.

We’ll be providing many answers about 9.11 conspiracies through our 18.000 secret documents leak from @HiscoxComms and others #thedarkoverlord #911hacked#hacking #leak #cybercrime
            — thedarkoverlord (@tdo_h4ck3rs) December 31, 2018

One of the companies confirmed that the hackers had breached and stolen a few files related to the the September 11 attacks. The spokesman of the Hiscox Group wrote in email:

“The law firm’s systems are not connected to Hiscox’s IT infrastructure and Hiscox’s own systems were unaffected by this incident. One of the cases the law firm handled for Hiscox and other insurers related to litigation arising from the events of 9/11, and we believe that information relating to this was stolen during that breach.”

The hacking group sent a set of emails to that firms where it stated that the companies had to pay ransom in Bitcoin or The Dark Overlord unlocked different sets of files and the hidden truth of 9/11 attacks would be exposed.

They also mentioned that they offered to sell the information on the famous dark web hacker forum KickAss, as well as invited several Chinese and Russian terrorist groups to make purchase.

We remind you

Crypto Will Hardly Ever Sponsor Terrorist Attacks Like 9/11

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25 Celebrities Who Support Cryptocurrency

Cryptocurrency is a favourite of all news portals. It becomes the most discussed currency of the XXI century, everyone is interested in it, buys it, even celebrities make their own business with the help of it. Who? Let’s find out with The Coin Shark.

Ashton Kutcher

In 2010, American actor became the originator of A-Grade Investments company, which successfully invested money in the projects such as: Uber, Airbnb and BitPay.

Kutcher left a positive feedback about Bitcoin in Twitter:

Snoop Dogg

In 2013, Snoop Dogg’s albums were sold by 0.3 BTC. The exact number of albums sold is still unknown. But if he had sold the albums at the current rate of 3,5 thousand dollars, then the rapper might have earned about 1,05 thousand dollars per album.

Also, the rapper popped up on a XRP Community Night party.

Hugh Laurie

The actor became a hodler of the Bitcoins, amounting to 5,000 dollars, by his best friend’s advice.

Kim Kardashian

Matthew Roszak the founder of Bloq and various cryptocurrency projects, presented Bitcoin to an American star Kim Kardashian. He shared this news with his subscribers on Twitter:

A Bitcoin Was Gifted to Kim Kardashian

Mike Tyson

Famous actor contributed greatly to the cryptocurrencies development. In 2015, he launched the Bitcoin ATM system, after 6 months his team announced the launch of a mobile application for trading:

Donald Glover

In 2013, during an interview with “Time” the rapper expressed his admiration of Bitcoin.

I know a lot of people are skeptical, but I feel like if everything’s going to live online, why not bitcoins? Being backed by gold seems very old and nostalgic to me. Being backed to a bitcoin, which takes time to actually make and there’s this equation that has to be done, that feels realer to me and makes more sense.”

Bill Gates

Co-founder of Microsoft doesn’t hide his interest about Bitcoin.

Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.”, said Gates during an interview.

However, later Bill Gates expressed his negative attitude towards cryptocurrency.

Elon Musk

Former CEO of Tesla, the chief executive and the chief engineer of SpaceX denies that he owns Bitcoin, except of those 0,25 BTC which is a gift from a friend.  You can find this on his Twitter:

Pitbull

Armando Christian Perez, a hip-hop artist, aka “Pitbull” said that in 2012 he started investing in Bitcoin. Today he is constantly tracking the rate of cryptocurrency, however he is no longer investing in it.

Jamie Foxx

A member of Stand-UP Comedy, an american actor and singer became interested in cryptocurrency back in 2017. He was promoting a Bitcoin exchange Cobinhood on his Twitter account.

Floyd Mayweather Jr. and DJ Khaled

Floyd, the undefeated American boxer, more than anyone else is engaged in various ICO advertising. In 2017 he became an ambassador of Stox cryptocurrency project, which specializes in the markets analysis. Boxing star was also engaged in advertising Hubii Network marketplace.

Floyd Mayweather Jr. is not the only one among celebrities who was advertising aforementioned Centra project. DJ Khaled joined the boxer.  In 2017, the producer was overwhelmed with comments under an Instagram photo, where he was posing with a Centra card. Unfortunately, later, it became known that the project was a scam.

Jessica VerSteeg and The Game

No one could imagine that the model can tie her career with innovations. However, in 2017, Jessica VerSteeg Miss-Iowa 2014 launched the ParagonCoin Bitcoin-platform. We note that the project is quite specific, since it was created for marijuana industry.

Jayceon Taylor, a hip-hop artist, more known as “The Game”, supported Jessica VerSteeg. He made a video about promoting the Paragon platform.

Mel B

A british singer and a former member of Spice Girls back in 2014, she was selling her christmas single for a Bitcoin. After partnership with a London cloud mining service CloudHashing, she became the first performer in history who was selling music for BTC.

Madonna,Lady Gaga,Jennifer Lopez,Kelly Joyce

Well-known singers, they were the first ones who accepted payment in BTC. The amount of fee depends on singer’s popularity. The advantages of such payment are that celebrities gain their net profit without taxes, which are not charged from cryptocurrency and fans do not overpay for the performance.

Madonna

This celebrity should  be pointed out of all four divas. In 2018, Madonna supported Ripple’s social action, during which they were collecting funds for the orphans from an African Republic of Malawi.

Ghostface Killah

In October,2017, Ghostface Killah a member of a hardcore hip hop band called Wu-Tang Clan, became a founder of Cream Capital company, which specializes in promotion and funding services for cryptocurrency startups. During the ICO the company earned $30 million.

The name of the company is identical to a Wu-Tang Clan hit – C.R.E.A.M. ( Cash Rules Everything Around Me ).

Richard Sherman

Richard Sherman, a player of the american football team “Seattle Seahawks”, have invested in several cryptocurrencies. Even his family cannot stop his bigotry.

Sherman managed to earn on the rate growth when it was at $20,000.

Later, Sherman cashed his Bitcoin and managed to earn while it cost $20 thousand per coin. Moreover,  he is a representative and an investor of Cobinhood crypto exchange.

Johnny Depp

In the fall of 2018, the actor became a partner with TaTaTu blockchain startup, which deals with film-making.

Infinitum Nihil Film Company, which belongs to Johnny Depp will produce documentaries and digital content according to the agreement with the crypto project.

Johnny has the ability to conceptualize material in a way that few can, and is unburdened of conventional industry formulas that dictate the projects that get made, traditionally, as we make strides to embrace disruptiveness, Johnny will be a key collaborator with us and we are tremendously excited to back his visions and instincts on stories to bring to life.”, said Andrea Iervolino the founder of TaTaTu.

Mark Cuban

An american entrepreneur, a billionaire had his own rule for investment in cryptocurrency, which he shared with the crypto community.  He is sure that any funds that don’t have the exact purpose should be invested in the digital currency.

Lionel Messi

In the winter of 2017, the legend of the Barcelona football club became an official global ambassador of Sirin Labs Israeli company, which is developing the world first crypto smartphone called Finney. Messi shared this news on his Instagram.

Sirin Labs advertising slogan is:


Let’s kick some goals together and bring Blockchain technology to the mass market.”

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