My go-to wallet, multibit, has not seen
an update in quite a while and is really out of date. So I needed a
new wallet. Additionally, my go-to site for gift cards, egifter,
needed a new method of payment for bitcoin. So I had to get a new
wallet that supported invoice payments. This is where Bitpay comes
in.
It is a pretty standard wallet with a
few cool features. One, you can buy amazon gift cards directly on the
wallet. This is a super nice addition. One of my least favorite
aspects of spending bitcoin is just double checking you pasted the
wallet address correctly. But with the payment system integrated into
the wallet, it's not an issue. Additionally, the invoice system that
bitpay supports is a big help in this regard as well.
Speaking of new things, I also have a
new faucet I really like. You can claim every 30 minutes from a huge
list of altcoins, it even sorts them for you by price, so you can
claim the most valuable coin!
Even better, coins that have proof of
stake are staked for you in your btcpop wallet! Definitely worth
looking at. Check
it out here!
For a last piece of news, I bought a
mining contract on BTCpop.
On 4/28/2018 I paid 0.00032148 btc (
about 3 dollars) for a scrypt mining contract on BTCpop. As of
5/15/2018 I have earned LTC 0.00013965 or about two cents. So at
this rate in 6.25 years it will be pure profit!
Actually, the situation is much worse
than I originally thought. See the payout of this contract is
dependant on the price of LTC. Each payout has a flat fee associated
with it. If the value of the the crypto is less than the flat fee,
you are paid nothing. So given the decreases in prices of
cryptocurrency, my mining contract is now not paying out most of the
time, so it looks like my return of capital will be even later than I
had originally thought! Oh goodness.
