Month: April 2019

How to Mine Ravencoin, Step by Step (with Photos)

Ravencoin (RVN) is one of the hottest altcoins of 2019, and you may still be able to profitably mine Ravencoin with your PC in 2019.

Ravencoin’s price exploded over the past month, soaring from 1.04 cents on February 24 to almost 7 cents per coin at the time of writing. It is now the #34 digital currency by market cap.

Take a look at its chart:

Ravencoin charts.

Mining Ravencoin allows you to earn RVN. Happy investor.

Ravencoin offers a platform for issuing digital assets and securities.

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Afghanistan considers turning to crypto bonds to rebuild

Afghanistan has suffered from decades of strife, starting with the Soviet Invasion of the 1980s, followed by civil war, followed by the rule of the Taliban, and then more war. Hoping to use modern financial technology to rebuild, the country is looking to use cryptocurrency to help fund the construction effort.

The governor of the Central Bank of Afghanistan, Khalil Sediq, told Asia Times the country will issue a sovereign crypto bond to raise US$5.8 billion. It will do so by mixing Bitcoin Core (BTC) with metals futures, such as lithium. Afghanistan is estimated to have US$3 trillion in mineral reserves.

Afghanistan has to turn to these creative measures to fund its construction due to the reputation the country has in financial markets. The International Monetary Fund (IMF) has labeled the country as a high risk due to external debts. As a result, Afghanistan can’t borrow the…

Read more at coingeek.com

Harvest Bible Chapel allegedly made James MacDonald a millionaire; ECFA terminates membership

James MacDonald
Pastor James MacDonald founder of Harvest Bible Chapel in greater Chicago. |

James MacDonald, founder of Harvest Bible Chapel in greater Chicago, who was recently fired under a cloud of financial abuse, was allegedly being paid nearly a million dollars per year in regular salary, had access to approximately a million more in discretionary spending, and is currently owed $2.6 million in deferred compensation by the debt-ridden church.

Independent journalist Julie Roys reported Wednesday that in 2018, HBC paid MacDonald $80,000 per month ($50,000 monthly in regular salary and $30,000 monthly in deferred compensation), which amounts to $960,000 annually.

“This number does not include additional money MacDonald may have received from his broadcast ministry, Walk in the Word, Harvest’s church planting network, Vertical Church, its songwriting and worship ministry, Vertical Worship, and books,” Roys said.

Roys reported that she confirmed the details of MacDonald’s compensation arrangement with a senior leader at the church. The Christian Post reached out to HBC seeking comment on the report Thursday but officials authorized to speak on behalf of the church were not immediately available.

Citing Emmanuel “Manny” Bucur, a deacon and one-time volunteer bodyguard of MacDonald’s, and Mark Banaszak, a Harvest member and captain of the church’s Saturday night security team, as sources, Roys reported that HBC gave MacDonald between $800,000 to $1.2 million annually in discretionary funds.

Half of the discretionary funds in general came from a senior pastor discretionary fund, and a similar amount came from a discretionary fund in Walk in the Word. Roys noted that the unnamed HBC leader she consulted with confirmed the discretionary funds were part of a hidden or “black budget.”

The news comes just over a month after HBC officials revealed they are struggling financially due…

Read more at www.christianpost.com

France to ask EU partners to adopt its cryptocurrency regulation

France’s Bruno Le Maire.

Eric Peirmont | AFP | Getty Images

France will push for the European Union to adopt a regulatory framework on cryptocurrencies similar to the one it brought in last week at a national level, becoming the first major country to do so, French Finance Minister Bruno Le Maire said on Monday.

The French parliament last week approved a financial sector law that included rules aimed at tempting cryptocurrency issuers and traders to set up in France by giving them some official…

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Afghanistan, Tunisia to Issue Sovereign Bonds in Bitcoin, Bright Future Ahead

Afghanistan and Tunisia are planning to issue sovereign bonds in bitcoin to fund infrastructural developments, reported Asia Times from IMF’s Springs Meetings summit.

Khalil Sediq, the governor of the Central Bank of Afghanistan, confirmed that they were looking to utilize cryptocurrency and blockchain technology to raise around $5.8 billion. Sediq said they would pair bitcoin with a form of metal futures, such as lithium. The move would make it easier for Afghanistan to expose its $3 trillion lithium sector to investors across the world. The metal’s short supply against its booming demand in the electric-vehicle industry would pose profitable opportunities for Afghanistan.

Sediq went on to explain the situation that led them to opt for bitcoin over other fiat assets. The governor blamed the post-war conflict scenario that raised Afghanistan’s risk of debt. It prompted the IMF to expose the country to severe restrictions on non-concessional financing. In layman terms, developed economies were less likely to invest in Afghanistan owing to its risks limited to or beyond a geopolitical crisis, as well as to a perceived lack of fiscal and debt discipline.

Crypto solutions, explained Sediq, could allow Afghanistan economy to access global markets. He stated that they would use hyperledger’s blockchain technology financial services platform to issue their sovereign bitcoin bonds.

Bitcoin Bonds A Hot Topic

Blockchain and crypto payment solutions were a hot topic at World Bank and IMF 2019 Spring Meetings, held in Washington. The event saw delegates from developing countries posing cryptocurrencies like bitcoin as a potential solution to debt distress or high-risk debt levels. The discussions went on to question whether or not the current international financial architecture was able to prevent debt and economic crisis.

Read more at www.newsbtc.com

Important Facts about the Game of Thrones-Inspired Ravencoin (RVN)

Ravencoin (RVN)

Important Facts about the Game of Thrones-Inspired Ravencoin (RVN)

Popular HBO TV series, Game of Thrones, has been a major fan-favorite for more than a few years now. Game of Thrones, one of the best TV shows of all time by most rankings, has been adopted so much into the real world that many people have started giving their children names of some of the fictional characters in the series. This adoption eventually made its way into the cryptocurrency industry when in November…

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Danish hustler jailed for laundering $500,000 worth of dirty Bitcoin

Bitcoin is not as anonymous as you might think. A Danish man has been handed a prison sentence after using the digital currency for ill-gotten gains.

The 33-year old has been sentenced to four years and three months after pleading guilty to laundering dirty Bitcoin, a local police report states.

The perpetrator acknowledged in court that he had received several large sums of money which he knew came from criminal activity. He then exchanged the money into Bitcoin, and deposited the funds into overseas accounts belonging to his accomplices, local news outlet Trijo reports.

According to the police report, the man laundered over $500,000 (DKK 3 million) before being caught. The middleman has also been convicted of hacking servers and other people’s computers to illegitimately mine virtual currency. This type of crime is also known as “fencing,” where an individual knowingly buys stolen goods to resell them at a profit later.

The 33-year old’s exploits were foiled after Danish police found one of his bank accounts was connected to a blackmail and extortion scam. It turned out the perpetrator was the figurehead behind this scam.

“Through the investigation of card abuse, we…

Read more at thenextweb.com

Ravencoin (RVN) Story and Price Performance: 2019

Described as a digital peer to peer network for the facilitation of asset trasnfer [MEDIUM post] – and named after the messengers of truth in the GoT fictional world Westeros, Ravencoin is making its place among leading coins in the top-50 by market capitalization.

Using 16 mining algorithms or X16R – the Bitcoin HF Hard Forked coin pushes security and privacy further ahead compared to the crypto-pioneer.

Key changes include a faster block reward time and a change in the number, but…

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Cudo Miner releases T-Rex Ravencoin Miner for NVIDIA on Windows and Linux

London. 4th April – Cudo Miner, the crypto mining software application, today released the latest T-Rex NVIDIA GPU miner on Windows and Linux (X16R algorithm), bringing Cudo Miner users the most up-to-date technology and enabling the most profitable mining of Ravencoin (RVN) – one of the most popular altcoins on the market currently, having seen a sharp increase in price over the last month.

Mining influencer, Brandon Coin, says: “Cudo is bringing T-Rex, the most up to date Ravencoin…

Read more…

Cudo Miner releases T-Rex Ravencoin Miner for NVIDIA on Windows and Linux

London. 4th April – Cudo Miner, the crypto mining software application, today released the latest T-Rex NVIDIA GPU miner on Windows and Linux (X16R algorithm), bringing Cudo Miner users the most up-to-date technology and enabling the most profitable mining of Ravencoin (RVN) – one of the most popular altcoins on the market currently, having seen a sharp increase in price over the last month.

Mining influencer, Brandon Coin, says: “Cudo is bringing T-Rex, the most up to date Ravencoin…

Read more…

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