Gold and silver mining is extremely energy intensive. Back in the good 'ole days (late 1800's & early 1900's), the majority of energy used in mining was human and animal labor. This somewhat primitive method of extracting the precious metals from the ground worked fine as the ore grades were extremely rich and confined to narrow veins. But, as the best quality mines were played out and the ... The Bitcoin algorithm strictly limits total supply to 21 million. However, several million have already been lost, thus the actual total will be something less. At today’s 16 million Bitcoin, that is only 1 BTC for every 500 people on the planet! Think of it… only 1 in 500 people can EVER dream of owning a whole Bitcoin at once. Binance is by far the best site I’ve experienced for trading. There was no delay yesterday at all sending BTC to my Trezor – that transaction was complete in just 15 minutes. So for right now I trust them the most, even though they are in Hong Kong. And that location also poses a risk as they reside in a communist controlled country that is unfavorable to Bitcoin. So I am also limiting my ... FOFOA. This is what gold will be freed from: the fractional reserve banking practice, which is a carryover from the gold standard. This is the free in Freegold. FOFOA. Freegold is evolutionary mechanism by which the world will be able to rebalance. Gold is the thing that anyone wishing to maintain their purchasing power must hold, as the ... If you are deciding to join a Bitcoin or altcoin mining pool there are quite a few considerations to take into account – mainly their method of distributing the block reward and the fees they charge for managing the pool. Pools also try to stop cheating by miners – i.e. for them to swap between pools.
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