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What are the most exciting reasons to become involved with digital currencies?

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digital currencies

Ever since cryptocurrencies have come into being, people have been constantly debating whether or not they should look into investing in it. Some look at it as something that could revolutionize the current way we trade and make transactions and purchases while some just consider it a fraud. However, people who have convinced themselves regarding the legitimacy of this currency and wish to proceed ahead can also look into the following wonderful reasons to invest in cryptocurrencies that could make their prospects even more exciting.

 

Exponential growth

Although 2018 was a bumpy ride for cryptocurrencies especially Bitcoins, it is making a spectacular comeback. China has already set up a Blockchain Industrial Park which aims to fund and facilitate the expansion of blockchain and blockchain based startups and applications. Japan has accepted Bitcoins as a legal mode of payment. There are now over lakhs of pizzerias, jewellery stores, restaurants, hotels, retail stores, online shopping websites and many more places that have started accepting Bitcoins as a legal form of payment. With the astonishing rise in the market cap and value of a wide range of cryptocurrencies, more and more financial institutions are looking at investing over a billion dollars in this market. A wide range of alternative cryptocurrencies only provide people with a plethora of options to explore and then make an invest in one or many places of their choice.

 

Fraud proof

The subprime business dealings at Wall Street had led to the great financial crisis in 2008. With the inception of Bitcoins in 2009, this financial crisis was one of the main reasons that triggered people’s interest in cryptocurrencies. Our traditional transactions require a middleman or a central authority which acts as a figure of trust for legitimate, honest tradings to occur. However, with cryptocurrencies incorporating a decentralised, distributed shared ledger technology courtesy of blockchain, no one gets the power of central control. You own your data over this network. Trust is developed between the payer and payee on this platform by the use of secure and highly reliable cryptographic techniques. The irreversible nature of digital currency transactions is an added feature. All these features put together make for a very secure and tamper free platform for trade deals and merchant – client relations to be established.

 

You are the owner

Even if it is your money in the banks and other financial institutions where you have stored your money and created accounts, you don’t really own it. You are at the mercy of the financial body. There is, in reality, no electronic cash system where your money is actually, completely and wholly owned by you. However, owing to the decentralized nature of cryptocurrencies, you are given back full control of your currency. No one is required to manage things for you, you do not require the affirmation of any other person or entity to conduct trade deals or even simple transactions.

 

Quick instant settlements

There comes a certain ease and convenience of use when one decides to work with virtual currencies. You do not need to go to banks or other financial bodies. All you need is a smart device with a steady internet connection. Once you are on the grid you are your own bank. You can make all your payments and transactions without the need of a bank. In addition to these, you do not have to pay any additional transaction fees, processing fees etc which are taken by banks and other institutions simply as their service charges. This significantly reduces your cost of expenditure.

 

Moreover, your usual credit settlements take over a week to pull through and finally be affirmed. These settlements sometimes take even over a month to happen. This becomes a great source of inconvenience for customers regarding their money matters. However, one does not need to worry about these problems when they make transactions using a decentralized distributed ledger. This is because settlements on such a network are quick and instant. The take as little as 10 minutes to pull through and be completely settled without any disruptions. This makes banking payments quicker and efficient without having to rely on the mercy of the banks.

The worth of blockchain economy stands nothing less than a few hundred billion dollars and companies and people all over the world are constantly working towards making it a mainstream technology.

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Top 10 cryptocurrency mining companies

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Here are the top 10 cryptocurrency mining companies

Some of the most popular and reliable cryptocurrency and bitcoin mining companies throughout the world

As the invention of cryptocurrency has given rise to a number of domains,  cryptocurrency mining industry is one of them. Mining cost a lot of electricity to the miners where the miners solve complex mathematical problems in order to add a particular block to the blockchain and hence receive the block reward in the form of cryptocurrency. As the number of miners increases, trying to crack the code, the difficulty of the complex algorithm increases.

A number of miners join together in order to create a mining pool. This collaboration acts as an advantage to the miners as the total number of miners doesn’t increase with respect to the blockchain but a whole set of miners act as a single miner and hence the difficulty of the complex algorithms is not increased as the number of miners are increased in the mining pool. In other words, in a mining pool the set of miners share the work among themselves and also the block reward is shared among them.

 

Below are some of the top 10 cryptocurrency mining companies:

 

  1. Genesis Mining.

Founded in the year 2014, it is regarding as one of the top Bitcoin mining companies around the world. It is well known for its transparency and best customer service. The integrity and reliability which the company provides to its users are just unmatchable. Spondoolies tech, an Israel based company which is specialized in manufacturing all kinds of cryptocurrency mining equipment works in collaboration with this cloud mining company by providing it with mining rigs. All of their mining equipment is being placed in the locations which have geographically suitable for mining. Surplus and cheap electricity and low temperatures in a location are best suited for mining. They provide a wide range of offers from 50GH/s to 15,000GH/s.

 

  1. Hashix.

The Bitcoin and Ethereum cloud mining company are considered to be very simple and user-friendly. The new users, as well as the experts, can use this service easily in order to gain some profits. The company provides a very unique way of buying a hash power to the user without even really worrying about the hardware and software requirements required for the mining. The whole mining installation is done by a set of highly experienced experts in the cryptocurrency as well as financial sector and hence the company is highly reliable. Once the user registers for hash power in the company the withdrawal of the profits can be done periodically. The minimum payout is 0.002 for Bitcoin and 0.03 for Ethereum. In short, the Lithuania based company is the best place for investment.

 

  1. Bits2u Inversiones S.A.C.

it is one of the most legal cloud mining service providing company in Peru, with approvals as well as registrations from SUNAT and SUNARP. Along with registrations with the financial authorities of the country, the company even has RUC and a DUNS numbers. It is one of the first fully automated online systems which intends in providing a number of investment options to its users in order to increase the return on Investments. It even offers 10% referral bonus to its customers. They strictly make sure that their customers are satisfied with their service.

 

  1. Bitforx.

This particular cloud mining service is considered to be one of the safest around the world and is located in the industrial zone of Kutaisi, Georgia. A large spectrum of Bitcoin mining hash powers is available here with an aim of providing the cryptocurrency community, the accessibility to mine Bitcoins.

 

  1. NuVoo Mining.

The Canada based cloud mining services provide cloud mining, Dedicated miner, and Colocation Miner services. It even offers a live customer support in French and English languages.

 

  1. IQ Mining.

The mining company acquires its hash power from some of the large data centers spread throughout the world. This is intelligently done in order to reduce the cost of electricity that is required to mine cryptocurrencies.

 

  1. Hashing24.

The company aims at providing Bitcoin mining contracts to the new customers who are experiencing Bitcoin mining for the first time.

 

  1. IronVault.

This company can be considered as a one-stop shop for all the professional cryptocurrency mining solutions. It even provides its services to the customers who are very new to the blockchain technology as well as the cryptocurrencies.

 

  1. BitFury.

The company mainly deals with the manufacturing and development of the hardware equipment required for mining but recently opened up its own Bitcoin mining data center in Georgia.

 

  1. CoinMiner.

Covering cryptocurrency mining along with equipment required for it, the company helps individuals and businesses to set up mining sale e-commerce.

 

The cryptocurrency revolution has undoubtedly proven to be very useful as well as better than the traditional fiat currencies we had. If we look at the traditional Fiat currencies, the amount of energy spent in order to create the currency is very negligible, in other words it is same as the amount of energy required to manufacture a piece of paper but in the cryptocurrency domain the huge amount of electricity is consumed for the creation of cryptocurrencies and hence they have some intrinsic value and are inflation proof.

Many countries across the world have embraced this technology and are taking advantage out of it by fastening the whole Financial tedious process which took a lot of time. Many governments are even focused on the research and development in the field of Blockchain Technology, in order to further explore its potentials to solve other problems.

 

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Binance completes its 1 year, here are 15 things you should know

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Below are some of the key features of Binance which makes it's so reliabl

15 characteristics of Binance that makes it so convenient for the customers

The exponential increase in the value of Bitcoin in the previous year opened the eyes of investors as well as the traders as they realized the potential of the cryptocurrencies and the Blockchain Technology which can be used to transform many fields. Bitcoin was not the perfect cryptocurrency, it had certain drawbacks and hence to overcome them, a number of other cryptocurrencies were created.

However, the number of cryptocurrencies available now is a lot more than required. This has put the investors in a state of confusion as to which particular cryptocurrency to choose from in order to get best returns. Making best profits require less transaction fee and a lot of service capabilities provided by the medium through which we perform the trading, which is the cryptocurrency exchanges.

Binance was actually initiated in the year 2017. It has almost been one year since its initiation and the exchange has reached the pinnacles of success.

 

Below are some of the key features of Binance which makes it’s so reliable:

 

  1. The word Binance is actually a portmanteau of Binary and Finance.

 

  1. Binance has proven to be one of the best among all the other cryptocurrency exchanges. With its initial coin offering done in July 2017 as an ERC20 token BNB, the exchange managed to raise almost $15 million.

 

  1. It was after this particular exchange that the other cryptocurrency exchanges started to incorporate the ICO

 

  1. Originally, the cryptocurrency exchange was founded in China but due to the regulations in the country, in September 2017 it had to move its servers from China to Japan.

 

  1. The founder of the exchange, Changpeng Zhao is well known for creating some systems which are even now used on the Tokyo Stock Exchange. This experience might be the reasons for the success of Binance.

 

  1. The cryptocurrency exchange covers a large spectrum of Altcoins with over more than hundred cryptocurrencies available to trade.

 

  1. The cryptocurrency trading fees are also very less in the industry. It is only 0.1%.

 

  1. There is an added advantage of using the binance coin, BNB for the transactions where the users can get 50% discount on their fee.

 

  1. There is no transaction fee as well as a limit for deposits. Anyhow there is a transaction fee as well as certain amount of limit for the withdrawal of Bitcoin.

 

  1. If the user needs to withdraw more than two Bitcoins then extra verification procedures must be followed by providing various identification proof such as a passport.

 

  1. The cryptocurrency exchange can be considered as a launchpad for various coins. This is evident as, as soon as the ICO for a coin is ended, it is available on this particular cryptocurrency exchange.

 

  1. The exchange incorporates a two-factor verification model where are unique code is sent to the customer’s mobile phones whenever a login attempt is done.

 

  1. The cryptocurrency exchange has the capability of processing over 1.4 million transactions per second. Hence the buyers and sellers consider this exchange as a preferred option over the other exchanges which has low trading volumes.

 

  1. The only biggest disadvantage of this exchange is that it doesn’t accept the Fiat currencies. Other cryptocurrency exchanges accept Fiat currencies in the form of credit card, debit card or Paypal payments. This is the main reason why the beginners cannot start directly with Binance.

 

  1. It even provides an advanced option for experienced cryptocurrency users. The advanced option displays detailed statistics about the price movements of a number of cryptocurrencies which cannot be understood by novices.

The exchange’s consistent updations with the regulations as well as technology are the crucial factor for its success. The CEO, Changpeng Zhao is well known in the cryptocurrency world for his expertise in the field. Also, BNB is experiencing an upward movement when the whole market is facing a downfall. According to reports, the exchange is all set to include EURO trading pairs along with doubling the referral commission rewards which would again add to its customer base.

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Top 10 Bitcoin Advertising Network Platforms

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Popular Bitcoin Advertising Networks

Best Bitcoin Advertising networks as of 2018

Advertising can be considered as a form of providing an information to the people so that they are aware of the product or service they provide. In olden days people used to march around the whole village holding banners to advertise the product or a service to the people. But as days have passed by modern methods are used for advertisements. The current generation online and hence instant, therefore the advertising industry adapted to the situation in order to meet the requirements. A whole new spectrum of opportunities has evolved in the online marketing industry.

The cryptocurrency world is seeming very promising to many people and is hence trying to find out ways to earn them. Advertisements are one of the means to get them. If a person runs a website which is related in publishing the cryptocurrency related contents then if he ties up with an Advertising network then that company would pay him to show their ads on his webpage. In particular, if the website is related to Bitcoin then collaborating with a Bitcoin Advertising Network would be a preferred option. Some of the most popular Bitcoin Advertising Networks are listed below.

 

  1. A-ADS (ANONYMOUS ADS). It is regarded as one of the best in the field. As the cryptocurrencies and the Blockchain Technology aims at providing complete transparency and therefore privacy, the company seems to follow it’s footsteps and doesn’t track the personal data. It does so, by not allowing any cookies to be left on the visitor’s computer. They are one of the oldest Advertising Networks that still exist. It offers only Cost Per Click (CPC) and Cost per Thousand Impressions (CPM)  type of advertising models. They have no restriction on the type of website that they collaborate with is the minimum traffic limit that a particular website should have.

 

  1. Coinzilla.IO.  One of the most famous advertising networks along many other is COINZILLA.IO. The advertising network strives to provide the most relaxed and high-quality advertisements to its customers. The publisher has an advantage of fast website approval. Payment is done here only in Bitcoins. It is held for a period of seven days in order to avoid or check the fraudulent activity/clicks on the website. The minimum payout is around 0.001BTC with a fee levied upon it of 0.0001BTC. Here, the one of the requirement is that the website must be more than 3 months old.

 

  1. ADVERTI – INNOVATIVE Bitcoin Advertising Network. It is one of the most innovative Bitcoin advertising networks and it even claims that it provides more than 100 million impressions on websites on a monthly basis. It is one of the best advertising networks providing the highest revenue. It employs CPM advertising model. The payout can be in both USD as well as Bitcoins. A split up the option of the payout is also available. The company does not accept adult websites and also it must be at least three months old. They also support Paypal as the payment method.

 

  1. MELLOW ADS. They are also one of the leading Bitcoin Advertising Networks which specializes in providing banner advertisement as well as a pop-under advertisement models. An automatic payment system is available here and a 10% pay provided is provided for network campaigning. The website must have at least three months of history and a manageable Alexa ranking. The payment is done only in Bitcoins. This particular advertising network is very fast growing with almost 8.2 billion banner as well as pop-under ad Impressions within past 30 days.

 

  1. COINURL. It is one of the most popular organizations providing an URL shortening service. A URL shortener is nothing but a tool which is used to reduce the length of the uniform resource locator which redirects to the original page itself. However, it is also a Bitcoin advertising network. It provides a banner advertisement model where the publisher is paid using the Cost-per-click system. All kinds of websites are supported and the payment is done on a daily basis.

 

  1. Bitmedia.IO. It is currently supporting more than 4000 websites which deliver almost 3.6 million ad Impressions. The Advertising Network is best suited for crypto-related Niche websites. The payments are done on a daily basis with a minimum payout being 0.01 BTC. It specifically requires the websites which are cryptocurrency and Blockchain related. Websites with spams and auto-redirects would not be accepted.

 

  1. COINTRAFFIC. It is another Bitcoin advertising network which places its advertisements on its list of cryptocurrency and Bitcoin websites. It is estimated that the company imparts almost 3.6 billion impressions per month. The company supports websites without adult content. There must be 10000 unique visitors every month and hence it must be a top domain. It offers CPC and CPM based advertisements with no bonus for referrals.

 

  1. CoinAd.  This Bitcoin advertising network is very unique from all the other networks. It is unique in a way that they impose strict requirements for the websites and new publishers can get in touch with them only on an invite basis.  It is considered to be a privilege if one manages to collaborate with this particular Bitcoin advertising network. The publisher will gain enough profit if his website is of good quality and receives a lot of traffic. The payout is done on a weekly basis in Bitcoin or by using PayPal.

 

  1. Adbit. This advertising network is a part of BitRush. Here the various advertisers compete with each other and bidding is done for the ad space provided on your website. Hence the publisher can gain maximum profit out of his ad space provided. The payment is done instantly with every click which is done in the advertisement.
  2. Bittraffic. If the publisher’s website of a niche type then this service can effectively be applied in order to earn money. It can reach thousands of customers within a matter of few hours itself. The service is available worldwide. It provides CPM and CPC type of ad model. Payment is done in various cryptocurrencies.

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