PS:331 – Crypto

So one of the big hypes out there right now is the HUGE rebirth it would seem (not that it ever really went away) of Crypto Currency, not just Bitcoin, but names like Ethereum, Litecoin, Dogecoin – and honestly? I wish those coins I mined years ago on a whim – I wish I knew where I saved the text file lol. Live & Learn I suppose, but BTC even down the last few days @ $2,493.24US for 1 BTC? Oi. Would have been nice.

I’ve done honestly a little home work, and picked up a little coin on this dip, most seem to be from what I can see a careful pull back due to changes on August 1st, but if the trend picks up after things stabilize, not thinking I’ll be rolling in money by any means, but be neat to make this investment and see if perk up after the balance.

One great place to get some solid info is BiteSizedBitCoin. Honestly? He’s got some solid info – worth a watch for some good info, but not the end all, trust me I have a folder in my bookmarks which are just full of resources.

I have a few servers actually using a CPU or two mining for a alt-coin, for which in my finds I get paid out in BTC, which for some spare CPU cycles and not hurting anything on these servers got paid a whomping 0.00104670 Bitcoin (~$2.61 USD) which is for a week of spare CPU cycles and me doing absolutely nothing.

I don’t know how far this investment path will go for me,  but if it continues to grow in any area, maybe re-invest this BTC into LTC (Litecoin) or other alt-coin and see how it takes off, time will tell!

 

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