USI Tech - Transform Your Life

News started dropping yesterday that USI-Tech had terminated their operation in the USA and Canada.

Clients in those countries were greeted with a statement when they logged in that stated USI-Tech’s action and the reasons for it.

The termination of operations was not telegraphed to any clients or team leaders beforehand and came as a bombshell.

USI-Tech had been warning USA and Canadian clients about unacceptable marketing practices that some of them were engaging in. Those warnings went unheeded.

As a result, USI-Tech found itself in a position where it could be deemed to be condoning such marketing policies and …

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Bitcoin Mining Opportunity

UPDATE: AuroraMine has closed up shop and allegedly run off with 11 million dollars. I called it as A HYIP but it didn’t even last 30 days. I never invested money into it so no loss for me. The less than $1 I accrued from the free 100 GH/s hashing power has gone with them. A salutary lesson in “if something seems too good to be true, then it probably is!”.

Yesterday I signed up with AuroraMine.com. They offer 100GH/s of hashing power to all new members (joining doesn’t cost anything).

That amount of hashing power earns about $0.12 per …

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ASROCK H110 Pro BTC Motherboard

Is it possible to still do home mining of cryptocurrencies?

Yes, it is but it generally requires some specialist equipment.

While your PC may be able to run at a few Mh/z to mine a currency like Ethereum that doesn’t need ASICs, you will still need a good quality video card to generate any kind of mining power.

And the cost of electricity is still a big factor in whether your mining efforts can return a profit or not. If you pay $0.10 per Kw/h, you’ll probably generate some small profit. If you pay $0.20 per Kw/h, you’ll likely make …

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Last night I watched The Rise and Rise of Bitcoin, a new documentary about one man’s obsession with the digital currency and some characters he meets along the way.

It would make good viewing for anyone who’s heard of Bitcoin but doesn’t understand it. Anyone who does Bitcoin or Altcoin mining knows just how difficult it is to explain the concept behind it to regular folks. This documentary gives a good introduction to the whole Bitcoin concept.

The Central Protagonist

The film is centred on Bitcoin enthusiast, Daniel Mross, whose brother happens to be a filmmaker (hence, the documentary). …

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It’s been quite a week for Bitcoin, going from about $480 on Sept 10th when I ordered my mining contracts to a low of $386 yesterday (a drop of about 19% in value).


The Alibaba IPO – did it cause Bitcoin’s plunge in value in Sept 2014?

No one knows the actual cause for the drop but a good candidate is the Alibaba IPO that happened on Sept 19th. Looks like a lot of investors were selling their Bitcoins, especially in China, so as they could buy into Alibaba. Now, a day after the dust has settled, Bitcoin has returned …

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Remember when I asked if you ever thought you were late to the party in the Welcome message? Whatever I feel about coming late to Bitcoin in terms of investing – or should that be gambling? – I feel I’ve pretty much missed the boat on Bitcoin Mining.

Bitcoin Mining

You may wonder how new Bitcoins come into existence since they’re not tangible items like the coins in your pocket/purse. Bitcoin is a virtual currency and some complex math is performed by computers to solve equations. And if a result is found and verified, then Bitcoins are awarded to …

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