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McDonald’s has added some 60 stores in Hong Kong with integrated bitcoin cashiers. This means the fast-food chain can now reinforce its existing digital payments capabilities, thanks to a new BitPay system. “Offering customers the option to pay with bitcoins is an innovation that speaks to Hong Kong’s position at the global forefront of commerce, technology, international finance and retail.” said Pam Chiu, Chief Marketing Officer for McDonald’s Hong Kong, China and Macau in a release.
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Mining bitcoin is computationally intensive, and the stronger your computer, the greater your share of computational power in achieving the prize. The results of this computationally-difficult task often deliver more bitcoins than you originally mined. The most powerful bitcoin miners today operate data centers with hundreds of mega clients and produce about 1 million bitcoins a month, each worth about $50,000 wholesale on specialised exchanges or between $200 to$300 on a traditional exchange like Mt. Gox or Tradehill when price isn’t soaring.
You can mine at home by installing (more) software on your laptop. Alternatively you can sign up with an online mining pool to combine resources with other small-scale miners to have better luck finding bitcoins.
Given that these platforms use trading strategies generated by players, and then find counterparts, who either blindly follow the strategy or protect themselves using derivatives, they are extremely prone to booms and busts – which means that they carry all the attributes of an unstable market. For Bitcoin markets, a cryptologically literate would be able to manipulate them much more easily than a person with muscle cars who is taught how to make leads with those muscle cars?Bitcoin Flame Hawaiian Shirt
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