#Breaking_News: The Altcoingazette.com Invents the World's First Low cost \ Zero Cost Hybrid #Ethereum #ETHUSD Synthetic Hybrid Mining Rig \ Process

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Published: 21 November 2023 21 November 2023

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Title: Synthetic Hybrid Ethereum ETHUSD Mining Process Using Robinhood and ETF Investments

Introduction: The Synthetic Hybrid Ethereum ETHUSD Mining Process leverages a unique approach to mining Ethereum by utilizing a combination of dollar-cost averaging (DCA) strategies, strategic ETF investments, and profit-taking through the Robinhood platform. This innovative process eliminates the need for a traditional cryptocurrency mining rig, providing significant cost savings, low electricity consumption, and increased flexibility for digital nomads.

Process Steps:

1. Open a Robinhood Account:

   • Visit https://www.robinhood.com/us/en/about/crypto/ and create an account.
   • Verify your identity and link your bank account to facilitate transactions.
     
     

2. Set Up Daily Recurring Investment for Ethereum ETHUSD:

   • Create a Daily Recurring Investment plan on Robinhood.
   • Purchase $1.00 worth of Ethereum ETHUSD daily, employing Dollar Cost Averaging (DCA) to accumulate cryptocurrency over time.
     
     

3. Invest in Global X Blockchain ETF (BKCH):

   • Weekly, invest $1.00 in Global X Funds Global X Blockchain ETF (BKCH) on Robinhood.
   • BKCH provides exposure to companies positioned to benefit from the increased adoption of blockchain technology.
     
     

4. Profit-Taking and Transfer:

   • Monitor your Robinhood account for a 20% profit margin on the DCA strategy.
   • Once the profit threshold is reached, sell the "profitable amount of Ethereum ETHUSD" holdings on Robinhood.
   • Transfer the cash profits to an external cryptocurrency wallet such as Trust Wallet.
     
     

5. Purchase Actual Ethereum ETHUSD:

   • Utilize the cash profits in your Trust Wallet to purchase actual Ethereum ETHUSD.
   • This step ensures that the profits earned are converted into tangible Ethereum holdings.

Advantages:

A. Profitability from Inception:

• The DCA strategy and strategic ETF investments contribute to consistent profitability.

B. Low Electricity Cost:

• The process eliminates the need for a traditional mining rig, resulting in minimal electricity consumption (a few cents per day).

C. Flexibility for Digital Nomads:

• The entire process can be executed using a desktop computer or a mobile app, making it suitable for digital nomads and perpetual travelers.

Conclusion: The Synthetic Hybrid Ethereum ETHUSD Mining Process provides an alternative and cost-effective approach to cryptocurrency accumulation. By combining DCA strategies, strategic ETF investments, and profit-taking through the Robinhood platform, users can mine Ethereum with minimal electricity costs and increased flexibility, making it an attractive option for individuals seeking a profitable and mobile cryptocurrency investment strategy.

Not Investment Advice Opinion and Information only!

#Breaking_News: The Altcoingazette.com Invents the World's First low cost \ Zero Cost Hybrid #Bitcoin #BTCUSD Mining Rig \ Process

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Published: 19 November 2023 19 November 2023

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Hybrid Bitcoin BTCUSD Mining Concept: Decentralized Dollar-Cost Averaging (DCA) with Robinhood and an ETF

Overview: This concept introduces a rather novel approach to Bitcoin BTCUSD accumulation and mining, leveraging Dollar-Cost Averaging (DCA) through a hybrid process that combines traditional investment platforms with a cryptocurrency wallet. By strategically utilizing a popular brokerage like Robinhood and a blockchain ETF, users can accumulate Bitcoin with minimal electricity costs and increased profitability.

Process:

1. Account Setup:

   • Open a crypto Robinhood account at www.robinhood.com.
     
     

2. DCA with Bitcoin on Robinhood:

   • Create a Daily Recurring Investment on Robinhood, purchasing $1.00 worth of Bitcoin BTCUSD every day.
   • This strategy aims to leverage (Dollar-Cost Averaging) DCA, spreading the investment over time to mitigate market volatility.
     
     

3. Blockchain ETF Investment:

   • (Dollar-Cost Averaging) DCA purchase $1.00 worth of Global X Funds Global X Blockchain ETF (BKCH) every week.
   • The ETF provides exposure to various blockchain-related assets, indirectly contributing to your cryptocurrency portfolio. The Global X Blockchain ETF (BKCH) seeks to invest in companies positioned to benefit from the increased adoption of blockchain technology, including companies in digital asset mining, blockchain & digital asset transactions, blockchain applications, blockchain & digital asset hardware, and blockchain & digital asset integration. 
     
     
     Profit Margin Trigger:
   • Monitor your Robinhood account for a 20%, $20,00 profit margin on the DCA Bitcoin investments.
   • When the profit threshold is reached, initiate the selling of the "profitable" Bitcoin holdings within your Robinhood account.
     
     

4. Transfer cash Profits to Cryptocurrency Wallet:
   

   • Transfer the "cash profits" from your Robinhood account to your chosen cryptocurrency wallet. a $20.00+ purchase of Bitcoin on a crypto exchange or crypto wallet seems to be a good cost ratio.  
     
     Conversion to Actual Bitcoin:
   • Utilize the transferred cash profits in your cryptocurrency wallet to directly purchase Bitcoin BTCUSD.
   • This step completes the transition "from" virtual profits to actual tangible Bitcoin holdings.

Advantages:

A. Profitability from Inception:

• The ( Dollar-Cost Averaging) DCA strategy aims to capitalize on market fluctuations, potentially leading to profits even from the initial stages.

B. Minimal Electricity Costs:

• Unlike traditional Bitcoin mining rigs that demand substantial electricity and Cap-ex, this hybrid concept incurs only a few cents per day in electricity costs, making it highly cost-effective. You can always recharge your smart phone for free at Starfluffs and have free crypto hybrid mining electricity with this process. Thus, the Robinhood app does not require any electricity from your end to make recurring purchases of Bitcoin with.

C. Geographical Flexibility:

• Ideal for digital nomads, this concept can be executed from anywhere with an internet or phone connection. It eliminates the need for physical mining rig setups, providing flexibility in terms of location. Simple!
  
  Further research: The cost to mine just one Bitcoin now exceeds $15,000. Large  amounts of computer knowhow are required to mine Bitcoin. 
  
  With this system\process you gain a very low cost entry to the Bitcoin mining\harvesting process, with a very simple process. The average mining rig to mine Bitcoin costs $15K! 
  
  Many of the traditional cryptocurrency exchanges offer the same automatic \ recurring purchases. I still like my process better because I like Robinhood then the use of a cryptocurrency wallet and Robinhood does a Great job!  
  
  The Global X Blockchain ETF (BKCH) weekly purchases allow you to be in the crypto mining industry, thus you have all of the upside in the crypto stock market when crypto pumps!
  
  Also, this process is very scalable! As you become more confident and profitable hybrid mining you could always scaleup you daily purchase of Bitcoin on Robinhood from $1.00 per day to $2.00, $3.00 per day etc. Same thing with The Global X Blockchain ETF (BKCH) weekly purchase, up from $1.00 per week to $2.00 per week etc. Also keep in mind that The Global X Blockchain ETF (BKCH) can also be purchased on the Robinhood platform! 
    
  

Conclusion: This innovative hybrid Bitcoin mining concept offers a cost-effective and flexible approach to accumulating Bitcoin. By combining (Dollar-Cost Averaging) DCA through Robinhood with strategic investments in Bitcoin +the blockchain ETF, users can achieve profitability, minimize electricity expenses, and embrace the digital nomad lifestyle. This decentralized and technology-driven method opens new avenues for cryptocurrency enthusiasts seeking efficient ways to "hybrid mine" Bitcoin. TM.

Q&A: 

Q1.  Why not just purchase a Bitcoin Mining rig, what is the benefits of this "hybrid mining" process?

A1. The cost to purchase a Bitcoin mining rig costs $15,000 + an additional $15,000 in electric costs + much computer skills required. With traditional crypto mining you are always chasing the "Better Mouse Trap", better faster mining rigs ETC. + Electricity costs can increase very much over time. = Significant barrier to entry. How many stories have you read about those that wanted to do goldmining only to go bust out mining for gold, Bitcoin mining is the same business model as gold mining, with greater risks?

Q2. Why (Dollar-Cost Averaging) DCA the Global X Blockchain ETF (BKCH) each week vs. purchasing Bitcoin on Robinhood each day? 

A2. Rather than purchasing a Bitcoin mining rig that costs $15,000, purchase the Global X Blockchain ETF (BKCH), because all of the stock shares inside of the the Global X Blockchain ETF (BKCH) are all of the "industry leaders" in the crypto mining space. A 7 to 1 ratio works great for myself. These crypto mining companies will win before you do, they are your competition. if you think that you are going to win in the crypto mining game, You are competing against the (BKCH) peer group. "If you can't beat them, they you may as well Buy them"! You won't beat them mining Bitcoin yourself.

Q3. What happens when Bitcoin goes into a bear market? 

A3. During the bear market phases, many Bitcoin miners go bust out because Bitcoin is no longer profitable to mine. Mining costs outstrip what a mined Bitcoin can be sold for. This is often also true during bullish market phases for Bitcoin. With this system you have the ability to invest in the cryptocurrency infrastructure + purchase Bitcoin at a steep discounted prices, then, when the market shifts back into Bull phases, you are way ahead of those that are "trying" crypto mining.

With this process you have asymmetric risk, in that you can only lose $1.00 per day in the purchase of Bitcoin on Robinhood, or $365.00 per year + $52.00 per year with the purchase of the Global X Blockchain ETF (BKCH) thus $365 + 52.00 = $417.00 annual "All In" asymmetric risk. Not bad vs rolling the dice and risking $15,000K on just one mining rig! 

Question: How else can you mine Bitcoin for $1.00 per day, with zero cap-ex, zero electric cost, no purchase of crypto mining rigs and and very low technical computer skill? 

P.S. We are 100% pro cryptocurrency mining. This process offers the beginner\novice in crypto mining an alternative to what is available. No mining pools to join, no mining rigs to maintain, no cloud mining deals that that don't pan out etc. Also this hybrid mining system\process is very elegant in it's design. Also supports the Blockchain industry with the DCA of the Global X Blockchain ETF (BKCH). 

I have used this system for several years and it works Great!            

Not investment advice info only.

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Published: 18 November 2023 18 November 2023

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