2017 Has Been the Year of BITCOINmining. Is it worth doing it in 2018, is it worth mining?

2017 has been the year of BITCOIN mining. Is it worth doing it in 2018, is it worth mining?
Crypto Mining LTD is a proven service that offers flexible tariff plans.
Cloud mining allows you to “get into” crypto-currency production with relatively low cost, while making a profit (albeit less than mining your own powerful equipment).
So, for 2018, you can recommend taking a closer look at cloud solutions, as well as monitoring the appearance of new and evolving old, but low-value altcoins, to distribution of computer power and investment to get what is most profitable in the future, or has the potential for growth. What will happen in the long term is difficult to predict, as the crypto-currency market is still weak to predict.
Bitcoin – is it profitable to mine now? As said before, at the end of 2017 the complexity of bitcoin mining jumped dramatically. Similarly, the mining profit has changed: for example, if on February 20, 2017, the income of a conditional ASIC miner with a rate of 14 tehrayshes (theoretical maximum for S9) reached about 7.99 USD per day, today is the day -day return about 12 USD.
It is important to consider that such growth has become possible only due to the growth rate. If the BTC costs about 1000 USD, and the profits will be lower.
It is conceivable that the complexity will continue to grow, and the creation of bitcoin will be the right of large farms with sufficient capacity. Mining it alone will stop being profitable now, in order to create a competitive farm, you will need a lot of costs.
Crypto Mining LTD
One of the most renowned services to citizens of the United States and United Kingdom. The company’s servers are located in Ireland, guaranteeing robust operation and low risk of equipment failure. On the pluses should bring fifteen languages ​​within the site for ease of use by clients from around the world, easy interface of a site – to the beginning user not it is difficult to understand the intricacies of site work. There is also online support for consultants 24/7.
The client has 7 fixed tariff plans. Users are offered to rent servers with different capacity ranges up to 3125000 Gh / s per customer. The cost of these plans ranges from $ 10 to $ 500,000. To understand how profitable it is to rent a capacity from this company, you can use the calculator on the main page of the site.
The company’s equipment today:
Hardware based on Solar chips at 16 nm, Neptune at 20 nm, engines- Spondoolies-Tech SP50, Bitmain Antminer S9, AntMiner S7, AntMiner S5, Antminer S3, AntMiner R4, C3SS5 (Smart Heat), Avalon 6, Spondoolies- Tech SP35 for SHA256 algorithm.
MINER TITAN for the SCRYPT algorithm.
iBeLink DM384M for X11 algorithm.
New Product:
The innovations are computing devices based on 28 nm chips in the latest models and 16 nm chips BitFury, which are leaders in energy saving.
To access the company’s website, go to: https://crypto-mining.ltd
Customer Support 24/7

How to Get $ 10 Free Bitcoin, Easy and Simple

By now, you’ve probably heard of Bitcoin – there are stories of people making thousands of dollars overnight on it and other Crypto -currencies.

As with any new speculative investment, there is an element of risk. This is why starting with a free $ 10 in Bitcoin is a great way to try it out, and start learning how it all works. I was new to all of this myself and stumbled upon this process during my research. It helped me, so I thought I should share it with you.

The first things to know about buying Bitcoin is that there are many basic ways to buy it, and it’s not that complicated to do so.

The main two ways to buy Bitcoin are through a broker, or through an exchange. Check out the Coinbase exchange-they are one of the largest exchanges, have a clean and easy to understand interface, are accessible in apps on various mobile and computer platforms, and offer you US $ 10 free Bitcoin to get started. There are other exchanges I’ve tried, and that work well – BTCMarkets, and Coinspot, to name a couple that are equally good – but only Coinbase has a $ 10 startup bonus.

The added benefit of Coinbase is that it works locally in many currencies – if you’re in Australia, for example, all your data will be displayed in Australian Dollars, so you don’t have to keep your fingers crossed on the exchange rate. and so on.

Also worth mentioning is that Bitcoin isn’t the only cryptocurrency that Coinbase deals with – you can also buy Etherium (ETH), Bitcoin Cash (BCH), or LiteCoin (LTC) – whatever currency you choose to use, you can you can still get $ 10 in free Bitcoin.

Without further ado, here it is – how you can get your free $ 10 in Bitcoin:

1) Sign up with Coinbase (the link at the bottom of this article will make you eligible for the $ 10 bonus)

2) Complete the account setup process, including verifying your email address, phone number, and uploading proof of your ID (driver’s license, passport, or other photo ID-optional this by taking a picture with your phone)

3) Enter your credit card details, and verify the card by looking at the transactions that Coinbase will add to your internet banking statement (this is immediate, and you will not be charged)

4) Place an order for US $ 100 worth of Bitcoin, Etherium – whatever – in your activated account. If your local currency is not USD, you need to make sure you order the equivalent amount of US $ 100

*** IMPORTANT NOTE: All Bitcoin purchases have a fee, and Coinbase is no different. on lolthe cost of your initial $ 100 purchase should be about $ 4 ***

5) That’s it! After a few days, the US $ 10 amount of Bitcoin will appear in your Coinbase account – even if you deduct the purchase fee, you’ll be done ahead.

So, if you’re curious about Bitcoin, you want to dip your toe in without risk, and want to get some free money (!) During the process, give it a try. The Bitcoin bonus does more than cover your fees for the first deposit, and can help you figure out what it is.

Nice to hear?

Some final notes:

• This process will only work if you are a new Coinbase customer. If you already have an account, you will not be able to get the free credit

• You can only get $ 10 free if you sign up using the link below.

• The above offer is limited in time – after creating your account using the link, you have 180 days where you can purchase US $ 100 worth of Bitcoin, Litecoin, or Etherium, and still get the $ 10 credit.

I hope you have a prosperous and blessed future with Bitcoin, and enjoy the free $ 10. Free money doesn’t come every day, and with the rates at which Bitcoin has grown recently, $ 10 could easily increase! My plan is to just sit on $ 110 dollars for a while, see what happens, and feel the ups and downs of Bitcoin. Let’s see how we go about it.

Buy Gold Bullion With Bitcoin

Buying gold bullion with bitcoin is easier than you think. I discovered a specific way to use my bitcoin to buy gold bullion every month with automation. The best part is that the bitcoin I use to buy gold, doesn’t cost me anything. Actually, the gold I bought was technically free.

I don’t make assumptions or try to convince anyone to run and spend all their earnings on useless promises. The method I use to gather gold bullion is a fact and I use this method every day, which I will share with you in this article.

The following steps are involved in order for it to be successful

  • Start mining bitcoin

  • Link your online wallet with visa card

  • Save bitcoin and buy gold bullion

  • Start networking and refer people your way

  • Earn affiliate commissions

Start mining bitcoin

If you’re not familiar with bitcoin, do yourself a favor and start researching this digital currency used around the world as we speak. It is rapidly changing the way we live and will continue to do so. I researched the bitcoin market and discovered a way to mine bitcoin online and get paid every day, without having to worry about any hardware maintenance, electricity costs or drastic reduction in your income. There are many disadvantages to owning bitcoin hardware, due to the high cost of electricity to run the equipment.

So, what you need to do as a first step, get a contract with a bitcoin mining company that is trusted and actually exists. There are many Ponzi schemes that you need to be alert to constantly.

Link your online wallet with visa card

If you’ve already found a reputable company, start mining bitcoin and send it to your online wallet to store as much bitcoin as you can in a short period of time. Find a bitcoin wallet company that offers their clients a visa card that can be linked to their wallet.

Save bitcoin and buy gold bullion

This card can be used to shop online, draw bank money or make a simple payment such as buying groceries. All transactions are purely bitcoin that you spend and none of it is from your actual bank account. If you already have the visa card you can buy gold bullion online.

The next step is to find a company that sells gold bullion online and you can pay for it with your credit card. Use the visa card I mentioned earlier in this article and buy gold bullion. Test the system first and make sure the gold you buy is 24 carat gold. I would recommend that you buy your gold bullion in 5 gram pieces because it is easier to use when needed.

Start networking and refer people your way

There are many ways to get a good income and one of them is to use the power of networking. If you were able to hold your piece of gold bullion in your hand by buying it with bitcoin, people would want to know how you did it. Explain to them your strategy and they will follow.

Earn affiliate commissions

If you choose companies within the bitcoin and gold bullion market that offer their clients an affiliate commission, you will get a huge passive income from your networking efforts. These are just a few of my methods I use to build an online business that I know will last for years to come.

Crypto Market Analysis

Cryptocurrency has been around for a long time and there are many papers and articles on the basics of Cryptocurrency. Cryptocurrency has not only evolved but is opening up as a new and reliable opportunity for investors. The crypto market is young but mature enough to pour in a sufficient amount of data for analyzing and predicting trends. Even if it is considered the fastest growing market and a big gamble as an investment, it has already become predictable at a certain point and the future of Bitcoin is a testament to this. Many stock market concepts are now in use in the crypto market with some tweaks and changes. This gives us another proof that many people are adopting the Cryptocurrency market every day, and now more than 500 million investors are in it. Even if the overall market cap of the crypto market is $ 286.14 Billion which is almost 1/65th of the stock market at the time of writing, the market potential is very high considering its success despite its age and the presence of the established financial markets. The reason behind this is none other than the fact that people are starting to believe in the technology and products that support a crypto. It also means that crypto technology has proven itself and so many companies have agreed to put their assets in the form of crypto coins or tokens. The Cryptocurrency concept has been a staple of Bitcoin’s success. Bitcoin, which was previously the only Cryptocurrency, now contributes only 37.6% of the total Cryptocurrency market. The reason is, the emergence of new Cryptocurrencies and the success of the projects that support them. This does not show that Bitcoin has failed, in fact the capitalization of the Bitcoin market has improved, rather what it does show is that the crypto market has expanded overall.

These facts are enough to prove the success of Cryptocurrencies and their market. And in fact investing in the Crypto market is considered safe now, to the extent that some are investing for their retirement plan. So what we need next are tools for crypto market analysis. There are many such tools that will enable you to analyze this market in the same way as the stock market which provides the same metrics. Including coin market cap, coin stalker, cryptoz and investing. Even if these metrics are thought to be simple, they provide important information about the crypto under consideration. For example, a high market cap indicates a strong project, a long 24 hour volume indicates high demand and a circulating supply indicates the total value of crypto coins. in circulation. Another important metric is the volatility of a crypto. Volatility is how much the price of a crypto fluctuates. The Crypto market is considered to be much faster, cash in once can bring a lot of profit or you can pull your hair out. So what we were looking for was a crypto that was robust enough to give us time to make a calculated decision. Currencies such as Bitcoin, Ethereum and Ethereum-classic (not specific) are considered stable. With solid, they have to be strong enough, so that they don’t become invalid or just stop in the market. These features make a crypto reliable, and the most reliable Cryptocurrencies are used as a form of liquidity.

As far as the crypto market is concerned, volatility is associated, but so is the most important asset ie Decentralization. The Crypto market is decentralized, what this means is that the fall in the price of a crypto does not necessarily mean the low trend of any other crypto. Thus giving us an opportunity in the form of so -called mutual funds. This is a Concept to manage a portfolio of crypto currencies that you invest in. The Idea is to spread your investments across multiple Cryptocurrencies to reduce the risk involved if any crypto starts a bear run.

Similar to this concept is the concept of Indices in the crypto market. The indices provide a basic point of reference for the entire market. The Idea is to select the major market currencies and distribute the investment among them. These selected crypto currencies will change if the index is dynamic in nature and only the major currencies are considered. For example if a currency ‘X’ falls to the 11th position in the crypto market, the index considering the top 10 currencies will no longer consider the currency ‘X’, instead starting to consider the currency ‘Y. ‘which replaced it. Other providers such as cci30 and crypto20 tokenize these Crypto indexes. While this may seem like a good Idea to some, others will object due to the fact that there are certain requirements to invest in these tokens such as the required minimum investment amount. While others like cryptoz provide the methodology and an index value, with monetary components so that an investor is free to invest the amount he or she wants and choose not to invest in a crypto if it is not included in a index. Thus, the indices give you an option to more smoothly sequence and reduce the risk involved.


The crypto market may look risky at first glance and many may still doubt its authenticity, But the maturity gained in this market in the short period of its existence is remarkable and the evidence sufficient for its reliability. The biggest concern of investors is volatility, where there is a solution in the form of indices.

Cryptocurrency Mining

Cryptocurrency mining is an eternal game in this digital world. Bitcoin, the first decentralized currency introduced in early 2000. Cryptocurrency mining is a complex method of verifying transactions and adding them to the public ledger (blockchain). This ledger of past transactions is called a blockchain because it is a chain of blocks. The blockchain serves to confirm transactions on the rest of the network that have taken place. The blockchain is also responsible for releasing new bitcoins. Each of the many crypto coins available depends on the core idea of ​​the blockchain.

Mining Process

Cryptocurrency is intended to be decentralized, secure and unalterable. So every transaction is scrambled. Once that scrambled transaction occurs it will be added to something commonly called a “block” to the point that a settled number of transactions are recorded. That block at that point will be added to a chain – the blockchain – that is publicly available. During cryptocurrency mining even Bitcoin, Dash, Litecoin, Zcash, Ethereum, etc., the miner has to compile new transections into blocks and crack a computationally hard puzzle. There are several online bitcoin mining sites. It has become a very popular way to make money.

Cryptocurrency is cryptographic, which means that it uses a special encryption that allows to control the generation of coins and confirm the transaction. A block is useless in the currently available form. However, after using the algorithm of a specific block. In pairing, the miner will receive a couple bitcoins. For bitcoin to be heard through mining, the miner needs to be technical. Bitcoin mining for profit is more competitive. The price of Bitcoin makes it difficult to realize monetary gains without also considering the price. Payment is based on how much their hardware contributed to solving the puzzle. The miners validate the transactions, make sure they are not false, and continue to shake up the infrastructure.

Best Coins in Akoa

Bitcoins are not a decent decision for start -up diggers who take a shot on a small scale. The current advanced speculation and maintenance costs, as well as the increasingly troublesome science of the methodology, have never made it productive for the buyer’s hardware level. Currently, Bitcoin mining is reserved for activities on a wide scale. Litecoins, Dogecoins, and Feathercoins, then again, are the three Scrypt-based digital forms of money that are the best money saving advantages for apprentices. In the current Litecoin estimate, a person can get somewhere in the range of 50 pennies to 10 dollars per day using the customer level of mining hardware. Dogecoins and Feathercoins come back with little benefit from the same mining hardware but they are becoming more popular every day. Peercoins, as well, can also be a reasonable gain for your time and energy effort.

While many individuals will participate in the cryptocoin surge, your decision will be more difficult to mine because more expensive hardware is needed to find coins. You will be forced to contribute energy once you need to continue mining that coin, or you will need to take your earnings and convert them into a less necessary cryptocoin. Understanding the top 3 bitcoin mining strategies is probably where you start; this article focuses on the mining of scrypt coins. Also, make sure you are in a country where bitcoins and bitcoin mining are legal.

Mining Goal

What about our cryptocurrency mining focus. The entire mining center is to accomplish three things:

1. Provide coin network accounting administrations. Mining is essentially every minute of day-to-day PC accounting called ‘transaction analysis’.

2. Pay a small reward for your accounting administrations by receiving fractions of coins every two days.

3. Keep your personal expenses, including electricity and hardware.

Some Basic Terms

A free private database called coin wallet. It is a password -secured container that stores your income and keeps an extensive record of transactions. A free mining software package, similar to this one from AMD, usually consists of cgminer and stratum. An enrollment in a web-based mining pool, which is a community of mineworkers consolidating their PCs to increase profitability and salary stability. Enroll in an online currency exchange, where you can exchange your virtual coins for regular currency, and vice versa. A reliable full-time web association, preferably 2 megabits per second or faster speed. A hardware setup location in your basement or other cool and air-conditioned space.

A work area or custom-fabricated PC intended for mining. Basically, you can use your current PC to start, but you don’t have the capacity to use the PC while the digger is running. A separate dedicated PC is ideal. Tip: Do not use a laptop, gaming console or handheld device for mining. These tools are not successful enough to generate a salary. An ATI graphics processing unit (GPU) or a special processing device called an ASIC mining chip. The cost can be anywhere from $ 90 used to $ 3000 new for each GPU or ASIC chip. The GPU or ASIC is the workhorse in providing accounting administrations and mining work.

A home fan that will blow cool air into your PC mine. Mining generates a lot of heat, and hardware cooling is essential for your prosperity. Personal interest. You absolutely need a strong appetite for reading and constant learning, as there is a constant flow of change and new ways to upgrade coin mining are coming. The best coin mining workers put in the hours consistently considering the best ways to adjust and improve their coin mining performance.

Cryptocurrency Mining Revenue Whenever a mathematical issue is understood, a constant amount of Bitcoins is generated. The number of Bitcoins generated per block starts at 50 and halves every 210,000 blocks (about four years). The current number of Bitcoins issued per block is 12.5. The last bock halving occurred in July 2016 and the next will occur in 2020. Profit estimation can be done by using various online mining calculators. The advancement of digital currency standards, for example, Bitcoin, Ethereum, and Bitcoin Cash is driving many businesses to companies and this is needed to help many market growth in the near future.

Cryptocurrency mining is a computationally intensive process, requiring a network of multiple PCs for verification of the transaction record, known as a blockchain. Excavators are offered a share of the transaction fees and have a higher probability of finding another block by contributing a higher computational power. These support transactions help provide additional security to network clients, and guarantee fidelity, which is trusted to be a noticeable factor affecting the growth of the global cryptocurrency mining market.

Crypto Currency Vs Fiat Currency

Crypto currency kumpara sa Fiat currency

Nahibal-an ba nimo ang fiat currencies ug ang crypto currencies? Pareho silang mga kwarta sa usa ka porma o sa lain ug bukas alang sa publiko nga paggamit sa tibuuk kalibutan. Apan silang duha lahi ug lahi sa ilang kaugalingong paagi. Adunay kanunay nga usa ka grupo nga mipabor sa paggamit sa cryptos, samtang ang usa adunay usa ka humok nga suok alang sa fiat currencies.

Sa cashless society- ang crypto money adunay dako nga papel

Kung imong tan-awon ang merkado sa 1970s ug 1980s, imong mahibal-an nga ang kwarta nagdula sa dominanteng papel. Apan, sa pagbag-o sa teknolohiya, ang mga transaksyon sa elektroniko nahimong naandan nga naandan. Karon, nagkadaghan ang mga tawo nga naimpluwensyahan nga mahimong cashless nga katilingban. Sa pag-uswag padulong sa cashless nga katilingban, ang mga cryptocurrencies adunay dako nga papel nga himuon.

Ang Crypto currency ug fiat currency kanunay nga magkaaway

Ang Cryptocurrency ug fiat currency kay sikat nga mga tipo sa digital currency, labi na kung kini mahitungod sa online transaction. Pareho silang mga kwarta nga gigamit karon sa merkado apan adunay pipila nga mga kalainan niini. Adunay daghang mga hype nga imong madungog sa adlaw-adlaw nga pagtandi sa crypto money ug fiat money. Kini nga artikulo magpasiugda sa kalainan tali sa duha sa mas komprehensibo ug tin-aw nga paagi.

Paglainlain sa kung unsa ang gibarugan sa mga kwarta

Sa dili pa moadto alang sa kalainan tali sa duha, kinahanglan nimong masabtan kung unsa ang ilang gibarugan ug kung giunsa kini gihubit.

Ang fiat currency usa ka legal nga tender nga adunay suporta sa sentral nga gobyerno, ug kini naglihok sa pisikal nga porma. Pananglitan, US dollars, British Pounds, Euro ug uban pa. Sa laing bahin, ang crypto currency kay dili legal, ug walay backup gikan sa sentral nga gobyerno o bangko.

Busa, ang kalainan tali sa crypto currency ug fiat currency namatikdan sama sa mosunod:

• Ang Crypto-currencies desentralisado ug global ang kinaiyahan. Walay usa ka entidad o gobyerno nga nagkontrol sa salapi sa ilang mga balaod ug regulasyon. Ang Fiat currency sentralisado, ubos sa kontrol sa mga balaod ug regulasyon sa mga bangko ug gobyerno.

• Ang Crypto-currencies adunay ilang paglungtad lamang sa digital domain. Sa laing bahin, imong makita nga ang fiat currencies adunay mahikap ug pisikal nga paglungtad.

• Adunay usa ka limitado nga suplay sa mga crypto-currencies nga adunay labing taas nga set niini nga gihatag sa merkado. Samtang, ang fiat money adunay walay kinutuban nga suplay tungod kay ang gobyerno ug bangko adunay katungod sa pagprodyus og mga sensilyo ug papel nga kwarta kung gikinahanglan ang sitwasyon.

• Ang Bitcoin ug uban pang crypto type currencies gimugna sa mga kompyuter, samtang ang fiat currencies gi-isyu sa lokal nga gobyerno ug sa mga bangko.

• Ang mga Cryptocurrencies gipresentar isip pampubliko ug pribado nga mga piraso sa code. Sa laing bahin, ang fiat currencies gipresentar sa porma sa mga sensilyo ug papel nga kwarta.

• Ang bili sa mga crypto currencies wala giila sa suplay ug panginahanglan sa merkado. Samtang, ang kantidad sa fiat currency gitino sa mga regulasyon sa merkado sa suplay ug panginahanglan.

Ang lain-laing mga matang sa crypto ug fiat currencies

Sa miaging usa ka dekada, ang pagkapopular sa crypto type currencies mitumaw isip usa ka dako nga kalampusan. Kini sa 2009, sa diha nga ang Bitcoin unang gipaila, ug mga tuig human sa pipila ka ubang mga matang sa crypto currencies mitumaw. Sugod gikan sa Litecoin. Dogecoin, Ripple sa Dcash ug Zcash, adunay daghan niini. Sa laing bahin, ang fiat currency adunay adunahan ug karaan nga mga gamot, nga adunay Great British Pound, nga nagsugod balik sa 775 AD. Giisip kini nga labing karaan nga salapi sa kalibutan nga gigamit pa.

Ang mga kalainan sa anonymity tali sa duha ka mga kwarta

Kung gigamit nimo ang fiat currencies, kinahanglan nimo nga moagi sa usa ka proseso sa pag-ila o pag-verify sa gumagamit. Gihangyo ka nga mag-upload og bag-o nga litrato sa imong kaugalingon ug pipila sa mga gikinahanglan nga mga dokumento nga i-isyu sumala sa mga awtoridad sa publiko. Dili nimo kinahanglan nga moagi sa bisan unsang gikinahanglan nga mga proseso sa mga crypto currencies. Bisan kung ang imong personal nga impormasyon ug kompidensyal nga mga detalye dili ipahibalo sa publiko, apan ang tanan nimong mga transaksyon girekord ug gisubay sa fiat ug sa mga crypto currencies.

Fiat currency kumpara sa crypto currency: lebel sa transparency

• Ang lebel sa transparency sa mga crypto type currencies giisip nga mas daghan. Kini tungod kay ang mga sapa sa kita gipakita sa usa ka publiko nga kadena. Ang matag usa makasaksi sa ilang kaugalingon ug sa uban nga mga transaksyon.

• Ang fiat o govt. Ang mga kuwarta dili transparent, tungod kay wala’y mga kadena sa publiko aron makita ang mga sapa sa kita sa mga tawo.

Usa ka pagtandi sa kasaysayan nga mga ugat

Kung imong itandi ang crypto nga kwarta sa iyang katugbang, fiat o kwarta sa gobyerno, imong makita nga ang ilang paglungtad ug paglalang nagdala sa kalainan. Ang Fiat o kuwarta sa gobyerno, nagsugod sa paglungtad niini kaniadtong 775 AD sa pagpaila sa Dakong British Pound. Mao kini ang hinungdan nga ang fiat type nga currency dali nga gidawat sa mga tawo sa tanan.

Sa laing bahin, ang crypto coin tingali unang gipaila usa lang ka dekada ang milabay, uban sa pagpaila sa Bitcoin sa 2009. Ang hagit nga giatubang sa Bitcoin ug uban pang mga crypto currencies mao ang pagdakop sa dako nga pagkapopular ug pagdugang sa fan base sa fiat currency. . Ang Crypto currency, walay duhaduha nga nakakuha og importansya ug pagkapopular sa merkado sa ekonomiya, apan wala gihapon kini gidawat sa kadaghanan sa katilingban isip fiat currency.

Usa ka pagtandi nga kasaysayan sa duha ka mga kwarta:

• Niadtong ika-11 nga siglo, sa dihang ang dinastiya sa Chinese Song mao tingali ang unang nag-isyu sa kuwartang papel. Wala tugoti ang pagbaylo ug mahalong mga butang sama sa bulawan ug plata o seda.

• Adunay mga Tally sticks nga gipaila isip fiat o kuwarta sa gobyerno. 1100 Tally sticks gipaila-ila ingon nga usa ka kombat alang sa kakulang sa bulawan.

• 1971, mao ang tuig, sa dihang ang fiat currency nakadawat sa tibuok kalibutan nga pag-ila. Gipaila kini ni Presidente Nixon aron mawagtang ang sistema sa pegging sa dolyar ngadto sa bulawan.

• Kini sa 1998, sa diha nga ang ideya sa usa ka anonymous electronic cash nga sistema mitumaw sa Wei Dai. Ang Bitgold-ang pinakauna nga crypto currency gimugna ni Nick Szabo, apan wala kini makadawat ug pagtagad sama sa Bitcoin.

• Sa 2009, ang Bitcoin gipaila sa merkado, nga nahimong unang crypto currency nga gidawat sa tibuok kalibutan. Sa 2011 ug pagkahuman, usa ka serye sa daghang uban pang mga crypto currency ang gipaila. Ang pipila sa mga popular naglakip sa, Litecoin, Dogecoin, Ethereum, Ripple, Zcash, Dash ug uban pa.

Ang mga kinaiya sa duha ka mga kwarta

Ang potensyal sa crypto type currencies ug fiat currencies, ang pag-access sa ilang mga kinaiya hinungdanon. Imong makita nga sa pipila ka mga criteria, ang Bitcoin ug uban pang crypto currency mas labaw kay sa fiat o currency sa gobyerno, ug sa pipila ka mga kaso, ang ulahi milabaw. Kini mao ang hingpit nga imong tawag sa pagpili sa matang sa currency (crypto type currency o fiat type currency) base sa imong personal nga mga panginahanglan ug mga kinahanglanon.

Atong itandi ang ilang mga kinaiya labot sa pipila ka mga butang.

• Ang duha ka crypto nga mga sensilyo ug fiat type nga mga kwarta mabaylo sa kinaiyahan.

• Sumala sa portability mao ang nabalaka sa duha ka mga currencies secure mas o dili kaayo sa mao gihapon nga posisyon.

• Bahin sa dili makonsumo nga pamatasan, ang crypto currency ug fiat type currency adunay managsama nga kahimtang.

• Ang Crypto type currencies adunay taas nga durability kon itandi sa fiat-currencies nga adunay kasarangan nga lebel sa durability.

• Ang crypto o virtual nga mga kwarta ug ang fiat o mga kwarta sa gobyerno nagsiguro nga luwas ug gipanalipdan ang mga transaksyon ug pagbayloay.

• Ang Crypto o digital nga mga kwarta mabahin kaayo sa kinaiyahan. Sa laing bahin, ang fiat type nga mga kwarta kay kasarangang mabahin.

• Sa termino sa proseso sa transaksyon, ang mga crypto currencies sayon ​​ug walay problema. Samtang, sa laing bahin, ang proseso sa traksyon nga nalangkit sa fiat currencies sayon, apan dili sama sa cryptos.

• Ang crypto based currencies desentralisado ug global ang kinaiyahan, dili sama sa fiat currencies nga sentralisado ug naglihok ubos sa mga balaod ug regulasyon sa gobyerno.

• Ang crypto based currencies adunay taas nga kanihit, diin ingon, ang fiat currencies walay kinutuban tungod kay ang gobyerno maka-isyu og mga sensilyo ug papel nga kwarta kung adunay panginahanglan.

• Ang mga kwarta nga gibase sa crypto gibase sa mga algorithm sa matematika, ug ma-program. Ang fiat currencies dili gyud ma-program.

• Ang fiat currencies kay soberano sa kinaiyahan, samtang ang crypto currencies dili.

Ang proseso sa paglihok sa mga kwarta

Imong makit-an ang mahinungdanong mga kalainan tali sa crypto o digital currencies ug sa fiat currencies sa paagi nga pareho silang naglihok ug ang proseso sa transaksyon nga nahitabo. Nagkalahi sila sa kinaiyahan. Ang pagbalhin sa salapi gamit ang Bitcoin paspas kaayo, ug dili gyud nimo kinahanglan ang bisan unsang asosasyon sa ikatulo nga partido.

Sa laing bahin, kung nalambigit ka sa money exchange gamit ang Fiat type currency, usa ka mobile wallet ang gigamit. Mahimo nimong ibaylo ang kantidad sa e-money nga mabalhin sa parehas nga kantidad sa e-value. Ang fiat ug ang crypto currencies makapahimo kanimo sa pagpalit sa tanan nga imong gusto. Apan ang mga proseso nga nahilambigit hingpit nga lahi sa usag usa.

Depende sa mga butang nga imong gipalit, imong makita nga ang usa ka porma sa salapi mas maayo kaysa sa lain. Kini mao ang hingpit nga imong pagpili.

Ang Bitcoin ba, usa ka crypto currency mas maayo kay sa fiat-currency?

Ang taas nga termino nga mga benepisyo ug ang kapabilidad sa Bitcoins wala pa matukod. Apan kini gitagna sa crypto currency gurus ug mga eksperto, nga sila moadto sa usa ka taas nga dalan, ilabi na sa pag-rebolusyon sa paagi sa online nga mga transaksyon gibuhat. Sa kasamtangan nga merkado, ang Bitcoin nag-una nga gilakip sa mga online casino ug ang sugal, apan kini dili limitado niini.

Dugang pa, kung imong itandi ang fiat currencies, gitugotan ka sa Bitcoin nga makuha ang gahum ug awtoridad gikan sa mga bangko ug gobyerno tungod kay dili kini kontrolado. Ang kwarta nga gibase sa kriptograpiya adunay katakus sa paghimo o paghimo sa libre nga mga kapital sa merkado. Ang mga kwarta sa Fiat naapektuhan sa inflation ug mga pagbag-o sa merkado, dili sama sa mga crypto based nga kwarta. Ang ingon nga mga aspeto nagpatuo sa mga indibidwal nga ang mga kwarta nga nakabase sa cryptograph sa dili madugay mopuli sa mga panguna nga kwarta ug magdala usa ka pagbag-o sa paagi nga gigamit ang salapi.

Ngano nga ang Bitcoins giisip nga usa ka mas maayo nga aspeto kaysa sa fiat type currencies?

• Ang Bitcoin naghatag kanimo og oportunidad sa paghimo pag-usab sa usa ka libre nga kapitalismo sa merkado.

• Ang gahum sa pagkontrolar sa salapi mao ang hingpit nga sa mga indibidwal, ug dili sa mga bangko sama sa fiat type currencies.

• Kung adunay inflation, ang Bitcoin dili maapektuhan. Apan ang Fiat type currency mas sayon ​​nga mawala ug maapektuhan niini.

• Ang Bitcoin currency sayon ​​nga mas sayon ​​sa pagbaylo ug pagbalhin kon itandi sa fiat o gobyerno currencies.

• Ang mga bayronon sa transaksyon nga nalangkit sa Bitcoin kay mas barato ug daling maabot.

Ang mga kwarta sa Crypto daw usa ka paborable nga kapilian sa mga tawo

Ang fiat type currencies mao ang sentralisado ug ligal nga paagi sa pagbayloay og salapi. Apan, ang mga crypto currency nakakuha og dako nga pagkapopular sa miaging pipila ka tuig. Wala’y bisan kinsa nga molihok ingon usa ka tunga nga tawo, sama sa kaso sa mga bangko. Dugang pa, ang mga crypto mas barato ug dili kaayo mahal kaysa sa naandan nga fiat currencies.

Direkta nga ipadala ang kuwarta bisan asa nga wala maghulat sa pagtugot sa bangko

Makapadala ka og kwarta sa bisan kinsa sa kalibutan direkta, ug kini paspas kaayo. Makuha ang kwarta sulod sa pipila ka minuto. Dili nimo kinahanglan nga maghulat alang sa tradisyonal nga mga proseso sa paghawan ug pag-verify sa mga sistema sa pagbabangko, nga mahimo’g molungtad hangtod sa daghang mga adlaw aron makakuha usa ka clearance. Tungod kay kini desentralisado ug wala ubos sa balaod ug mga regulasyon sa gobyerno, walay bisan kinsa nga adunay gahum sa pagbuhat sa bisan unsa sa imong account.

Ang teknolohiya sa blockchain adunay dako kaayo nga papel sa pagdula

Salamat sa mga crypto currency, nga naghatag kanamo og gahum ug awtoridad nga mahimong among kaugalingon nga bangko, ug kontrolahon ang among mga panalapi. Tungod kini sa teknolohiya nga blockchain nga nagtanyag usa ka labi ka taas nga lebel sa pagkamaayo samtang nag-atubang sa mga panalapi. Sa tinuud, adunay pipila ka mga mainstream nga industriya sa pinansya nga nagsugod sa paglakip sa ideya sa teknolohiya.

5 Merits of Bitcoins You Didn’t Know

Most people have heard of the term Bitcoin but have no clear idea what it is. Simply put, Bitcoin is a decentralized, peer to peer, digital currency system, designed to give online users the ability to process transactions through a digital unit of exchange known as Bitcoins. In other words, it’s a virtual currency.

The Bitcoin system was created in 2009 by an undisclosed programmer (s). Since then, Bitcoin has gained a lot of attention as well as controversy as an alternative to the US dollar, Euros and commodity currencies such as gold and silver.

A private network of computers connected to a shared program is used to make transactions and process Bitcoin payments. The creation of Bitcoins is based on more complex mathematical algorithms and its purchase is made using the standard national currency. Bitcoin users can access their coins using their smart phones or computers.

As a new and growing virtual currency, Bitcoin has specific advantages over traditional government flat currencies. Here are 5 benefits you can enjoy when using Bitcoin

1) No Taxes

If you buy through dollars, euros or any other government flat currency, you will have to pay an additional amount of government money as tax. Each purchased item has its own designated tax rate. However, if you buy via Bitcoin, sales taxes are not added to your purchase. It is considered a legal form of tax avoidance and one of the major advantages of being a Bitcoin user.

With zero tax fees, Bitcoin can be used primarily to purchase luxury items exclusively in foreign lands. Such things are, more often than not, heavily taxed by the government.

2) Flexible Online Payment

Bitcoin is an online payment system and like any system, Bitcoin users have the luxury of paying for their coins from any corner of the world with an internet connection. This means you can lie down in your bed and buy coins instead of having to struggle to travel to a particular bank or store to get your work done.

In addition, paying online via Bitcoin does not require you to fill in details about your personal information. Therefore, Bitcoin processing of Bitcoin transactions is simpler than what is done through US Bank accounts and credit cards.

3) Minimum Transaction Fee

Exchange fees and costs for a part and parcel of standard wire transfers and international purchases. Bitcoin is not monitored or moderated by any intermediary institution or government agency. Therefore, transaction costs are kept very low unlike international transactions made through conventional currencies.

In addition to this, Bitcoin transactions are not known to be time-wasting because they do not include the complications of common authorization requirements and waiting times.

4) Hidden User Identity

All Bitcoin transactions are discrete, or in other words Bitcoin gives you the option of User anonymity. Bitcoins are similar to purchased currencies only in the sense that your transactions can no longer be traced back to you and these purchases are never connected to your personal identity. In fact, the Bitcoin address generated for user purchases is not the same for two different transactions.

If you prefer, you have the option to voluntarily disclose and publish your Bitcoin transactions but in most cases users hide their identities.

5) No outside intervention

One of the biggest advantages of Bitcoin is that it eliminates third party interruptions. This means that governments, banks and other financial intermediaries have no authority whatsoever to disrupt user transactions or freeze a Bitcoin account. As mentioned earlier, Bitcoin is strictly based on a peer to peer system. Therefore, Bitcoin users enjoy greater freedom when making purchases with Bitcoins than they do using conventional national currencies.

Digital currencies like Bitcoin are relatively new and have yet to be put to major tests. As a result, many feel that there are some risks associated with using Bitcoin. Regardless of the potential disadvantages of Bitcoin, it is clear that its merits are strong enough to make it a legitimate competitor to challenge conventional currencies in the not too distant future.

How To Use Bitcoin Processing Units For Digital Currency Mining

It is a known fact that bitcoin mining hardware has changed with leaps and bounds in recent times due to the evolution of new central processing units in the market. The new machines will be able to process Bitcoin at a faster speed compared to computers in the past. In addition, they use very little power and will last a long time. Field programming gate array processors are connected to CPUs to improve their computing power. While choosing hardware for Bitcoin processing, make sure it has a large hash rate that will provide surprising results to users. According to experts, data processing speed is measured by mega hash rates per second or GIGA hash rates per second.

Another parameter in selecting the best bitcoin mining hardware is to analyze the power consumption of the various machines available in the market. If the CPU requires a lot of power, it can have a negative impact on output and business operations. Therefore, the hardware must be of high quality and cost-effective to attract people’s attention. Spending the electricity bill must be concurrent with the bitcoins earned through the application. One has to consider that the CPU uses its own electricity for its operation and also needs more to power up the bitcoin mining hardware. The combined expenditure should be compared to the benefits accrued by the machine.

One of the most important hardware components is the graphics processing unit that can easily handle complex polygon calculations. As a result, it is very useful in resolving the issue of transaction blocks in bitcoin processing. According to experts, GPUs have a distinct advantage over CPU hashing technology due to their higher processing power. In addition to handling bitcoins, GPUs can also handle data transfer to crypto-currencies without the problem of making them compatible with other applications.

The ASIC option was introduced in the market for bitcoin mining purposes because it has more power than a graphics card. It is embedded in the computer motherboard along with other gates that are adapted for achieving processing purposes. The field programmable gate array located on the board can provide a power of 750 megahashes per second. With powerful machines bitcoin can be mined at an astonishing rate. However, customized chips are expensive and take time to make, the speed of the data they provide is very good.

What is ICO in Cryptocurrency?

The ICO is short for Initial Coin Offering. When launching a new cryptocurrency or crypto-token, developers offer investors a limited number of units in exchange for other large crypto coins such as Bitcoin or Ethereum.

ICOs are a unique tool for the rapid influx of development funds to support new cryptocurrencies. Tokens offered during an ICO can be traded and sold on cryptocurrency exchanges, if there is sufficient demand for them.

The Ethereum ICO is one of the most notable achievements and the popularity of Initial Coin Offerings is growing as we speak.

A brief history of ICOs

Ripple is likely the first cryptocurrency to be distributed through an ICO. In early 2013, Ripple Labs began developing the Ripple payment system and generated an estimated 100 billion XRP tokens. It was sold through an ICO to fund the development of the Ripple platform.

Mastercoin is another cryptocurrency that sold several million tokens for Bitcoin during an ICO, also in 2013. Mastercoin aims to tokenize Bitcoin transactions and execute smart contracts through create a new layer on top of the existing Bitcoin code.

Of course, there are other cryptocurrencies that have been successfully funded through ICOs. Back in 2016, Lisk raised an estimated $ 5 million during their Initial Coin Offering.

However, the Ethereum ICO that took place in 2014 is probably the most famous to date. During their ICO, the Ethereum Foundation sold ETH for 0.0005 Bitcoin each, raising nearly $ 20 million. With Ethereum harnessing the power of smart contracts, it paves the way for the next generation of Initial Coin Offerings.

Ethereum’s ICO, a recipe for success

Ethereum’s smart contracts system implements the ERC20 protocol standard that sets the core rules for creating other compliant tokens that can be transacted on Ethereum’s blockchain. It allows others to create their own tokens, which follow the ERC20 standard that can be sold for ETH directly on the Ethereum network.

DAO is a unique example of the successful use of Ethereum smart contracts. The investment firm raised $ 100 million worth of ETH and investors received in exchange DAO tokens that allowed them to participate in the management of the platform. Unfortunately, the DAO failed after it was hacked.

Ethereum’s ICO and their ERC20 protocol outline the latest generation of crowdfunding blockchain-based projects through Initial Coin Offerings.

It also facilitates the investment of other ERC20 tokens. You just transfer the ETH, paste the contract into your wallet and the new tokens will appear in your account so you can use it whatever you want.

Apparently not all cryptocurrencies have ERC20 tokens residing on the Ethereum network but almost any new blockchain-based project can launch an Initial Coin Offering.

The legal status of ICOs

When it comes to the legality of ICOs, it’s a bit of a jungle there. In theory, tokens are sold as digital objects, not financial assets. Most jurisdictions do not yet regulate ICOs so if founders have an experienced attorney on their team, the entire process should be paperless.

However, some jurisdictions are aware of ICOs and are already working to regulate them in the same way as the sale of shares and securities.

Back in December 2017, the U.S. Securities And Exchange Commission (SEC) classified ICO tokens as securities. In other words, the SEC is preparing to stop ICOs that they consider misleading investors.

There are some cases where the token is just a utility token. This means that the owner can only use it to access a specific network or protocol where they may not be defined as a financial security. However, equity tokens whose purpose is to value value are almost like the concept of security. True, most token purchases are made for investment purposes.

Despite the efforts of regulators, ICOs still remain in a gray legal area and until a clearer set of regulations is imposed traders will try to take advantage of Initial Coin Offerings.

It is also worth mentioning that once the regulations come into a final form, the cost and effort required to comply can make ICOs less attractive compared to conventional funding options.

Final words

For now, ICOs remain a unique way to fund new crypto-related projects and there are many successful ones with many more to come.

However, keep in mind that everyone is launching ICOs now and many of these projects are scams or lack the solid foundation they need to grow and make them worth the investment. For this reason, you should definitely do thorough research and investigate the team and background of any crypto project you want to invest in. There are many websites out there that list ICOs, just search on Google and you will find some options.

Should Bitcoin Replace the Currency at Central Banks?

The difference between Bitcoin and Currency in Central Banks

What is the difference between central bank authorized money and Bitcoin? The authorized money bearer of the central bank can only sell it for the exchange of goods and services. The holder of Bitcoins cannot soften it because it is a virtual currency that is not authorized by a central bank. However, Bitcoin holders may be able to transfer Bitcoins to another Bitcoin member’s account in exchange for goods and services and even authorized central bank currencies.

Inflation will lower the real value of bank money. Short-term fluctuations in the demand and supply of bank money in the money markets impact fluctuations in the cost of borrowing. However, the surface value remained the same. In the case of Bitcoin, its face value and its true value both change. We have recently witnessed the split in Bitcoin. It’s like splitting the stock market share. Sometimes companies divide a stock into two or five or ten depending on the market value. This will increase the number of transactions. Thus, while the intrinsic value of a currency decreases over a period of time, the intrinsic value of Bitcoin increases as the demand for coins increases. As a result, hiding Bitcoins will automatically enable someone to make a profit. Besides, initials holding Bitcoins have a huge advantage over other Bitcoin holders who enter the market later. In that sense, Bitcoin behaves like an asset whose value increases and decreases as reflected in the change in its price.

If the original producers including the miners sold Bitcoin to the public, the money supply would decrease in the market. However, this money does not go to central banks. However, it will go to some individuals who can act like a central bank. In fact, companies are allowed to raise capital from the market. However, they are regulated transactions. This means that as the overall value of Bitcoins rises, the Bitcoin system has the potential to disrupt the monetary policy of central banks.

Bitcoin is so speculative

How do you buy Bitcoin? Naturally, someone has to sell it, sell it for an amount, an amount chosen by the Bitcoin market and possibly by the sellers themselves. If there are more buyers than sellers, then the price will go up. This means that Bitcoin acts like a virtual commodity. You can save and sell it later to make a profit. What if the price of Bitcoin goes down? Of course, you will lose your money just like you lose money in the stock market. There is also another way to acquire Bitcoin through mining. Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the black chain, and also the ways in which new Bitcoins are released.

How liquid is Bitcoin? It depends on the number of transactions. In the stock market, the liquidity of a stock depends on things like the value of the company, free float, demand and supply, and so on. The high volatility in the Bitcoin price is due to less free float and increased demand. The value of the virtual company depends on the experiences of their members in Bitcoin transactions. We may get some useful feedback from its members.

What could be a major problem with this transaction system? No members can sell Bitcoin without them. This means you have to first get it by donating something of value that you own or by mining Bitcoin. A large chunk of these valuable things will eventually go to someone who was the original Bitcoin seller. Of course, some amount as profit will definitely go to other members who are not original producers of Bitcoins. Some members will also lose their valuables. As the demand for Bitcoin grows, the original seller will be able to make as many Bitcoins as the central banks do. As the price of Bitcoin rises in their market, the original producers can slowly release their bitcoins into the system and make huge profits.

Bitcoin is a private virtual financial instrument that is not regulated

Bitcoin is a virtual financial instrument, even if it does not qualify to be a full -fledged currency, nor does it have legal sanctity. If Bitcoin holders set up a private tribunal to resolve their issues arising from Bitcoin transactions then they won’t have to worry about legal sanctity. Therefore, it is a private virtual financial instrument for an exclusive group of people. People with Bitcoins will be able to buy many goods and services in the public domain, which will disrupt the normal market. This could be a challenge for regulators. The inaction of regulators could create another financial crisis as happened during the 2007-08 financial crisis. As usual, we can’t judge the tip of the iceberg. We can’t predict the damage it will do. Only in the last stage can we see the whole thing, if we can do nothing but make an emergency exit to save the crisis. This, we’ve been experiencing since we started experimenting with things we want to control. We have succeeded in some and failed in many even without sacrifice and loss. Will we wait until we see the whole thing?