Monday, October 3, 2016

LBRY (LBC) Is Reaching The Maximum Block Reward, Time to Mine Some

lbry-logo

The LBRY Project and the LBRY Credits (LBC) crypto token used by it is reaching an important milestone for the miners and this is a moment when you might want to pay attention to. The block reward when mining LBRY Credits was constantly increasing in size from 1 to the maximum of 500 LBC over the course of a few months and the reward schedule is such that after peaking at 500 LBC the block reward will start to decrease. This is a good opportunity to catch the peak and mine some coins, especially if you are using Nvidia GPUs where you should give a try of the latest ccMiner from tpruvot. Do note that the project is still in invite mode beta, but there is no problem for you to mine LBC tokens and even trade them on the open market, alternatively you can just buy some of course.

Earlier this month the project has received some serious funding from a venture capital and that is here to show that the potential for LBRY is there and it is really promising idea that only needs to get implemented properly to really have a serious effect on the status quo. If that will happen is yet to be seen, but the project developers promise to open up the beta app by the end of this year (still in invite only mode) – and going to full product release in 2017. The blockchain-based decentralized content-sharing platform geared towards content creators (filmmakers, musicians, writers, or software developers) who want to have full control over their own work that LBRY promises can be a game changer, so make sure you don’t miss the train on this one. Again, there are no guarantees, but the potential is there, so why not give it a try and see for yourself.

To get more details and early access to the beta of the LBRY Project…

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