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Blog Post

Nov 13


Originally posted on my last website version and still accurate as my assessment.

Coinbase article as PDF.

If you haven't begun investigating bitcoin because you weren't sure where to begin, a good place might be coinbase. A fairly typical exchange with paypal access and stringent security that is user friendly enough to get started with.
One of the reasons we like coinbase, is their ability to accept small payouts from experimental mining like small scale cloud mining. Cloud mining involves purchasing hashpower and allocating to a specific cryptocurrency like litecoin, bitcoin, ethereum etc.
On a small scale a $30 investment tends to payout small change daily, but as time goes by some of these allocations can add up/add to other small scale mining efforts. In an article next week we'll probably be going over how to build a small bitcoin mining rig.

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