Profile cover photo
Profile photo
Red Star Mining
88 followers -
The RSM cooperative is the oldest publicly traded bitcoin and cryptocoin project.
The RSM cooperative is the oldest publicly traded bitcoin and cryptocoin project.

88 followers
About
Posts

Post has attachment
**
As posted numerous times previously.  Please comment below and provide the email address you used for your - Https://www.796.com - account and invite to the Https://www.Loomio.org shareholders and management group will be sent to you.  Official discussion r...
Add a comment...

Post has attachment
Announcement 2016/04/14 公告 Gōnggào
Can any shareholders not in the - Loomio.org - asset management group please ask for an invite to the group with the email address used for your - 796.com - account.  This is regarding the transfers of asset shares to another platform.  A deadline for doing...
Add a comment...

Post has attachment
Long awaited and much needed update of the state of progress!
RSM has done very well out of our last Christmas and third birthday investment donation.  We bought 1 BTC of  FairCoin  that went on to do very well.  We bought it with the premise that'd we donate 50% of its bitcoin aperication up to 1 BTC.  At our next Ch...
Add a comment...

Post has attachment

Post has attachment

Post has attachment
We've just had the first negative difficulty adjustment in just under two years.  It currently looks like network difficulty growth may have plateaued.  It had previously plateaued for around eighteen months that ended around two years ago.

#bitcoinMining   #bitcoinNetworkDifficulty   #bitcoinNetworkGrowth  

Post has attachment

Post has attachment

Post has attachment
We've just had the relatively smallest combined block of four difficulty changes in a row in over eighteen months.  It currently looks like this trend may continue until the USD/BTC price starts to rise significantly.  I'd say any bitcoin miner who doesn't have power prices of around $0.09USD or less.  Will not be able to mine at a profit very soon unless we are to see significant USD/BTC price rises.  This rules out domestic mining for most people.  And even rules out industrial scale mining in some places as well.

#bitcoinMining   #bitcoinNetworkDifficulty   #bitcoinNetworkGrowth  

Post has attachment
Wait while more posts are being loaded