Bytecoin: The $350,000,000 Sleeping Giant.

in #mining • 7 years ago

Think you need a $5,000 "mining rig" to earn any decent amount of altcoins that actually have the potential to be a great investment? Enter Bytecoin the lightweight, anonymous cryptocurrency that until now has been drastically undervalued. Currently sitting at a market cap around $350 Million and a coin value of about $0.002. Bytecoin has skirted under the radar largely in my opinion due to their slow development. Fortunately 2017 has seen them grow leaps and bounds. After their launch of a new wallet in May and renewed interest in cryptocurrencies Bytecoin is poised to explode. Due to their relatively low key existence it is currently still possible to mine bytecoin on fairly outdated or lower end software. At the moment I am using a 2013 Macbook Pro and using the program "Minergate" I am currently mining about 20 Bytecoins an hour using only my older core i7 cpu for mining. Now this won't earn you any money considering electricity, but the with the volume of coins you can pull up and the low value of the coins at the moment, the potential is sky high.

You can learn more on their website here: https://bytecoin.org/

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#bitcoin #money #cryptocurrency #steemit
7 years ago in #mining by
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     7 years ago 

    Only 20? I used to mine 1000 a day. On a old Mac Pro. I sold them since I see no value in it. And I think it is overpriced now.

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     7 years ago (edited)

    Yeah they have existed for a few years now so I can only imagine how easy it was to mine initially. Fortunately I know of a landfill in the UK with $710,000,000 worth of a once valueless currency known as bitcoin and have faith since they have become more active this year than the previous 2 combined. They are a $350 Million market cap currency and they didn't have a functional wallet until May. They are a whole new beast now.

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     7 years ago 

    thanks for the post you're pretty right thanks a lot for sharing and keep on posting ;)

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     7 years ago 

    Mate I hold a heap of these and previously heard a lot of potential so hopefully your right 👍😉
    Thanks for the post boss
    @ch00fy

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     7 years ago 

    Check out the market cap now...

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