USI Tech

Post Updated Jan 21, 2018.

Recently I signed up with two companies – Power Mining Pool and USI Tech – that give a daily return of 1% on your Bitcoin investment. Over the couple of months, I’ve had a chance to compare how the two companies operate and the earnings they provide.

Power Mining Pool

Update 8 Mar. 2018: After being served with a Cease & Desist order in the USA due to it violating the Securities Act, Power Mining Pool has ceased operations. All money invested in it appears to be gone too.

Power Mining Pool is the first …

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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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Altcoin Mining

Here we are in the early part of January 2015 and the state of cryptocurrency looks pretty bad.

The last few weeks have seen a number of things happen that have been bad for investors:

Bitcoin Price Crash

Bitcoin reached highs of $1,200 per coin in December 2013. Since then, its value has gradually declined. It’s always been a volatile currency but at least in 2014, it seemed to settle down in the $320-$380 range. It looked like Bitcoin might have matured somewhat.

Unfortunately, in early January 2015, the price crashed again. Today (Jan. 12th), it’s worth about $266. If …

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Bitcoin Mining

I thought I’d provide a regular update on how my cryptocurrency investments are going on a roughly weekly basis. Hopefully, it will provide readers looking at this type of investment with some information to make their own decisions on.

Mining At Home

I’m not currently mining at home. My mining rig (a PC with a Sapphire R9 280x video card running BAMT 1.6) has been turned off for a few months now. Electricity where I live costs almost three times what it does in the USA, so that killed any remaining profits in the rig.

I may turn it …

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LTCGear Review

Litecoin Gear Logo

As you’ll know from my other recent posts, I’ve invested some money with GAW Miners and their Hashlets for cloud mining altcoins. These pay out about 0.9% (just under 1%) per day, so they look to be a good place for long-term investment. They also have a thriving community and it’s there that I first learned of LTCGear, the subject of this review.
Litecoin Gear (LTCGear) have been around for well over a year, a pretty long time where Bitcoin/cryptocurrency companies are concerned. Initially the owner sold FPGA (Field-Programmable Gate Array) scrypt mining hardware to customers. But …

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