Wikicoin George Shnurenko

Binance Coin Price Prediction - How Far Can BNB Grow?

Wikicoin
Binance is a Blockchain ecosystem comprised of Exchange, Labs, Launchpad and Info. We expect further growth of the BNB cryptocurrency
Binance Coin Price Prediction - How Far Can BNB Grow?

Binance has found its way onto the headlines over and over again. At first, they launched a $1 bln investment fund and then, they celebrated over eight mln users. These new achievements water down the previous $15 mln raised in July 2017 and astounding growth in membership. The soaring success has also brought about several rumors concerning BNB price prediction.

In spite of the stellar performance of the company, Binance Labs never relented, rather, they kept pushing boundaries. The LaunchPad product which was tested in December 2017 with the Gifto Official’s ICO saw the corporation amass millions of dollars in seconds. They still didn’t rest their oars, as they’ve announced that they have more projects in the pipeline.

Their impressive track record is what underpins the myriad of BNB price prediction floating around, asserting that the coin will peak in a very short while.

But we cannot depend on hearsay alone, let’s find out if BNB will really do well in the market. If they will, what’s the underlying reason? If not, we need to find out why.

Binance offers a trading fee discount

Revenue is an important source of growth, no doubt. However, an equally important metric is the volume of trade being handled. BNB dealt with this wisely and offered traders a 50 percent discount when they make use of Binance exchange for the payment of fees. This seemingly little introduction goes a long way in encouraging customer adoption and BNB price prediction for 2018 is gaining traction because of this.

Binance affiliate bonus

Yes, there’s such a thing as the affiliate bonus with Binance. In fact, the earnings recently increased for those who hold a minimum of 500 BNB. The affiliate program rewards traders with 50 percent of the trading fees of those referred. This means that if you refer a trader who goes on to incur a trading fee of about $50, you will get paid $25.

For those who do not meet the minimum, the bonus was cut to 20 percent and the strategic advantage this offers can be seen below:

  1. It increases earnings in the short term

  2. Improves overall profit in the long-term

  3. Provide a perfect setup to create a new demand feature.

💼 Related Article
How to Trade on Binance - Complete Beginner's guide
🔥 Hot
6 months 2 weeks
256
How to Trade on Binance - Complete Beginner's guide

Token sale participation for LaunchPad

LaunchPad is a Binance product which was established to help startups raise capital as at when due. They have tested this product and it has proved its reliability. This strategy then, that startups are required to purchase BNB tokens before they can participate in the fundraising exercise is an equally viable one and it will cause the value to increase.

BNB trading pairs

There are over 70 trading pairs of BNB. This means that BNB is available to be traded with 70 other cryptocurrencies on several digital exchanges. This goes to show how valuable it is and it also demonstrates that the demand for this coin is on the increase.

One more thing on trading pairs, the trading pair utility opens traders up to more arbitrage opportunities. What does this mean? Simply means that if there’s an NEO/BTC pair and a BNB/NEO pair, one can leverage the BNB/NEO pair rather than trading BTC because of the significant difference in price.

BNB price prediction

Now, to the real deal. Based on the evidence provided above, what is the verdict? Let’s consider a few other things:

  1. The initial total supply was 200 mln tokens but they have a buy-back clause which aims to reduce the total supply to 100 mln.

  2. It is an ERC 20 token.

  3. It has a market cap of $1.259 bln, the 18th largest.

  4. It is currently selling at $13.19

For the analysis, we shall draw on the data and equations provided here.

At the moment, the volume of BNB available is 4.3222 percent of the total physical currency A (including that in the central bank). The BNB available is also 0.3041 percent of the total currency B(including the amount in demand accounts, checking accounts, savings accounts, money market accounts, and certificate of deposit of accounts less than $100,000).

If one percent of the total physical currency A is infused into the crypto market and Binance coin maintains the current share, the price of BNB would be $2.98. If 16 percent of the said amount is pumped in, BNB would increase to $47.66 and if the percentage rises to 32 percent, it becomes $95.31.

💼 Related Article
Binance, Biggest Crypto Exchange, to Expand to South Korea
🔥 Hot
5 months 3 weeks
256
Binance, Biggest Crypto Exchange, to Expand to South Korea

However, BNB price prediction takes a drastic turn in the case of currency B. if one percent is invested, it becomes $42.33, if 16 percent is invested, it becomes $677.33, if 32 percent is invested, it rises to $1,354.66.

Conclusion

Like we always warn, the crypto market is volatile and risky. This shouldn’t be taken as financial advice and we’re not liable for any loss incurred. Only invest after you’ve assiduously researched the market. One more thing, have fun while you do so!

Wikicoin
2099 views views
👓 Recommended articles
Wikicoin Alex Morris

Best Cryptocurrency for Mining in 2019

Wikicoin
Now, cryptocurrency mining is about long-term investing. Find out what cryptocurrency you should invest in to generate a big return on your investment
Best Cryptocurrency for Mining in 2019

The double-whammy of sinking prices and constantly rising mining difficulty was a complete knockout for Bitcoin miners. U.Today determines whether you should stick to Bitcoin mining in 2019, and what other altcoins could be a good option the following year.

Best Cryptocurrency for Mining in 2019

Picking a new currency to mine

Due to the decline of cryptocurrency mining, it is rather challenging to find a new coin to mine given that cryptocurrency price predictions change almost every day. If you want to pick a new currency, you should perform an in-depth fundamental analysis (the technology behind the coin, the team of developers, etc.). We’ve compiled the list of top factors you have to take into account when mining new coins:

  • mining difficulty;

  • recent price fluctuations;

  • price predictions;

  • market capitalization;  

  • the number of use cases;

  • the developers’ background;

  • social media presence.

Meanwhile, these are some of the ‘red flags’ that you most likely want to avoid when choosing a new coin:

  • the coin has an ICO;

  • the project is selling masternodes;

  • premined coins;

  • ‘copy and paste’ coins in the likes of Ravecoin that do not bring anything new to the table.   

Making sure the mining is profitable

Once you’ve picked the coin that suits all the above-mentioned parameters, you have to make sure that running your mining operation will result in generating a profit (a rather challenging thing to do considering the current state of cryptocurrency mining). There are numerous factors that you have to take into account, such as electricity expenses, mining difficulty, etc. We won’t enumerate all these points since there are plenty of complex mining calculators.

Making sure the mining is profitable

Another important point you should keep in mind is that these parameters are constantly fluctuating, which essentially makes the mining industry so unpredictable. Case in point: mining giant Bitmain, which recently sacked half of its employees after tons of hype surrounding its upcoming IPO that is already shaping up to be a big underperformance.

💼 Related Article
Bitcoin Mining in 2018 and How to Stay Ahead With Trading Bots
🔥 Hot
8 months 3 weeks
256
Bitcoin Mining in 2018 and How to Stay Ahead With Trading Bots

The O.G. currencies in 2019

Let’s start with an ultimate O.G. currency – Bitcoin, which turned into a multibillion-dollar business. This December, the mining difficulty of the king BTC experienced a 15 percent decline due to smaller miners leaving the Bitcoin Blockchain en masse after major experts failed with their predictions. In the middle of the crypto rout, Bitcoin miners still managed to rake in an impressive $4.7 bln, but the point is that large mining farms are primarily responsible while run-of-the-mill miners remain on the sidelines.

(coindesk.com)

The exodus of miners that was followed by a difficulty drop makes it much easier for new miners to enter the market. Moreover, it has been recently estimated that mining Bitcoin is still 50 more profitable than mining one of its iterations – Craig Wright’s ‘mining-friendly’ Bitcoin SV.

The same pertains to another major currency – Ethereum, which has been facing bearish predictions the whole 2018. Miners who can benefit from low electricity prices still remain in business in the yo-yo market as the mining difficulty continues to drop. Since Ethereum is way too established, you might also opt for Ethereum Classic, whose mining difficulty has been tanking as of recently.   

Monero and ZCash: top privacy coins

Monero is currently the 13th biggest currency by market capitalization. The flagship privacy coin is particularly attractive for miners given its ASIC-resistance. That essentially means that you could mine Monero without buying expensive hardware, thus disrupting Bitmain’s monopoly, which could be already facing serious woes according to expert predictions. Bitmain came up with a special miner for Monero, but the dev team throttled it with a fork that could make ASIC mining inefficient.    

Of course, the coin’s mining profitability tanked due to the crypto rout, but cheap GPU prices combined with low electricity still make a good combination for mining Monero in 2019. However, do not expect to gain profit from selling XRM on a daily basis despite some positive price predictions.  

Alternatively, you can also consider mining another privacy coin – ZCash, which is responsible for more than 90 percent of all Equihash mining, though the recent rate spike was a blank swan situation for miners who were up to different predictions. Back in July, ZCash made headlines because of its remarkable mining profitability: it outperformed Bitcoin by 400 percent.    

card   

Horizen (ZEN)

According to whattomine.com, Horizen (previously known as ZenCash before the rebrand happened) remains the Equihash-based currency with the highest level of rewards. In 2019, it is still one of the best currencies to mine with your GPU.    

Keep in mind that Horizen is still in its early PoW days, and they have already paid out 5.3 mln coins to miners. It would be ludicrous to expect sizeable mining profits in the current bearish market, but the project might pick up some steam in the future despite some gloomy price predictions.  

Litecoin (LTC)

Litecoin is yet another old-timer on the block that has been around since 2011. It poses a good option for those who want to opt for an already established currency instead of buying coins with little to no background.     

LTC stands out because of faster transaction confirmations (the block generation time is restricted to ten minutes), and a more efficient storage solution.  

A quick look at r/litecoinmining will tell you that the community is in low spirits right now, with some mining for the sake of heating the house or simply keeping their hobby. However, our recent price prediction shows that Litecoin is currently following a bullish path.

Bitcoin Gold (BTG)

Bitcoin Gold is a fork of Bitcoin that was created specifically for GPU mining. Apart from disrupting the hegemony created by super-powerful ASIC miners, Bitcoin Gold is also a marginally safer coin since miners do not have to rely on the hardware that is specifically designed to mine this coin. Hence, BTG miners won’t have to throw away their Antminer if their cryptocurrency lives up to most pessimistic price predictions since they can easily put their botnet on something else.

How to maximize your mining profits?

We’ve listed some of the most conventional (and fairly unconventional) choices, but it’s rather challenging to boil down your choice to one specific coin when there are more than 2,000 options on the table. Hence, it would make sense to mine several coins simultaneously (up to all major mineable currencies) to hedge against potential losses. It is not a piece of investment advice, but swapping currencies is an objectively good option in the highly volatile market where price predictions tend to change very quickly.    

Best coins for CPU mining

Yes, you heard it right – CPU mining is still a thing in 2019 (just like in Bitcoin’s early days when even the boldest price predictions couldn’t foresee its present-day price). Of course, do not expect to make a single dollar (or even a single cent) with your old laptop. However, for the sake of collecting coins whose price could skyrocket one day, you can consider mining the following CPU-oriented cryptocurrencies:

  • Nimiq;

  • Nerva;

  • Pascal;

  • Uplexa;

  • Blur.

You can constantly keep track of new GPU coins with the help of the website newcpucoins.com. One of the best strategies that you can pick is to mine a coin that is basically worth nothing after doing in-depth research of the project and the team. The cryptocurrency market is still very nascent, and there’s a good chance that the value of a new coin could blow up in the future (just make sure not to sell them prematurely).
  

💼 Related Article
What Cryptocurrency Can You Still Mine With GPU\CPU in your PC in 2018?
🔥 Hot
3 months 4 weeks
256
What Cryptocurrency Can You Still Mine With GPU\CPU in your PC in 2018?

Should you mine crypto in 2019?

Over the past few years, cryptocurrency mining has turned into an industrial-level venture, which means that the days when somebody could make quick dollars with crypto mining are pretty much over despite some predictions about the comeback of mining craze. In the first half of 2018, cryptocurrency prices began to fall, and many miners were forced out of business.

With the right approach, mining can still be profitable, but it’s a not a get-rich-quick scheme anymore, and the profitability margin is much lower. Even if most bullish price predictions come true, expect more super powerful ASIC miners to appear on the market.    

After all, you can still mine 1 BTC in Venezuela while only forking out $531 because of its extremely low electricity rates. However, don’t be tempted to pack your bags to this ‘crypto paradise’ given that the local government is not particularly welcoming to miners, with some of them even going to jail. There is also another option: Iran, where mining still turns a profit with the country’s government subsidized energy.  

Hopefully, U.Today helped you to come up with the best mining strategy to survive this crypto winter.

Wikicoin
288 views views
👓 Recommended articles
Wikicoin Alex Morris

Best Ethereum Mining Software 2019

Wikicoin
Whether 2019 is going to be the last hurrah or another breakthrough for Ethereum mining, it is vital to know how to pick suitable mining software
Best Ethereum Mining Software 2019

Ethereum, the ultimate ‘it-currency’ of 2017, had a truly brutal year. On Dec. 7, its price tanked to $80, thus recording a jaw-dropping 94 drop from its January ATH of $1,349. The crypto rout forced many miners out of the market, but there’s a silver lining – decreasing mining difficulty. Hence, we wouldn’t recommend writing off Ether for the time being, given that it still remains one of the most profitable cryptocurrencies for long-term mining.

Ethereum mining difficulty

In this article, U.Today will have a look at the most popular mining software clients for Ethereum mining to determine which one will be the best choice for you.   

Preliminary steps

Before we get down to our list of the best Ethereum mining software, here’s a small guide on how to install any mining software:

  1. Make sure you’ve installed drivers for your GPU (they can be downloaded on the manufacturer’s website).

  2. Download the Blockchain data for synchronization.    

  3. Connect your node to the whole network with the help of a chosen client.

NB! Once you’ve done all these steps, you can also create your own dApps and smart contracts apart from mining Ether.

Claymore

Claymore is a top-of-mind option given its ‘ubiquitous’ status with Ethereum miners, which gives its users the possibility to simultaneously mine Ether along with other coins. However, one has to take into consideration the fact that 2018, which marked the rise of ASIC monopoly, put a final nail in the coffin to double mining, thus making Claymore’s most salient feature obsolete.

Claymore

However, keep in mind that Claymore is more than a run-of-the-mill mining client – it also performs the role of a remote manager and gives users an ability to set clocks/voltages, etc.   

Phoenix Miner

Phoenix is another option for those who are looking for a Claymore alternative. Notably, it offers much lower dev fees (you can remove the fee altogether if you have the wits to complete the client yourself). Unlike Claymore, they didn’t add dual mining but this feature barely has any value of now. Redditors who compared both of the miners also point out that Phoenix has a higher level of stability. Furthermore, some users point out that Claymore had their hashrate 20-30 percent below the reported hashrate.

Phoenix Miner

💼 Related Article
Will Mining Cryptocurrency Damage My GPU?
🔥 Hot
4 months 1 week
256
Will Mining Cryptocurrency Damage My GPU?

Geth, cpp-ethereum, Ethminer: what’s the difference?

Geth

Tech-savvy miners who are capable of producing a couple of code lines can consider running a software client that is called Geth (a shortening for ‘go-ethereum’). Geth is the implementation of the ‘Go’ scripting language, which is necessary for communicating with the Ethereum network. Obviously, the program is not recommended for those who are only getting started with Ethereum mining, but it can be a useful tool if you acquire the necessary programming skills.   

Geth

cpp-ethereum

cpp-ethereum is yet another viable option if you are interested in Ethereum mining software. The code, which can be downloaded on GitHub, has been tested on various operational systems (Windows, Linux, OS X).

One also has to mention that AlethZero is the C++ implementation of the abovementioned Ethereum client. In 2015, the AlethOne version was released, which was supposed to make mining easier for users who can’t get around with the console-based client.

Ethminer

Ethminer is a command line mining program that supports any Ethash-based coin (Ethereum, Ethereum Classic, Metaverse, etc.). It is worth mentioning that Ethminer stems from the cpp-ethereum project.

NB! Ethminer and Geth both represent the command line interface but there is a difference in coding languages (the former is written in C++ while the latter is written in Go).

Miners are supposed to fork out a one percent dev fee (which is rather reasonable). The client has low system requirements, which makes it accessible for all types of miners. This software is constantly updated every two weeks or so.

💼 Related Article
How to Mine Ethereum at Home on PC
🔥 Hot
7 months
256
How to Mine Ethereum at Home on PC

Wineth

There’s a world of difference between Wineth and Geth – the former is specifically designed for beginner-level users. Its UI is super-simple even for those who never had any cryptocurrency mining experience. Moreover, there is no need to modify any settings since the client’s auto-configuration will choose the most suitable permanents instead of you. However, there is also a huge downside – Wineth is only compatible with Ethereum Classic.

Windows Ethereum Miner

MinerGate

In May 2016, MinerGate, one of the best-known multi-currency mining clients, announced its support for Ethereum. The main advantage of this specific client is that it suits both amateur and professional miners. MinerGate maximizes the efficiency of Ethereum mining by adjusting the settings to the GPU power.

Claude Lecomte, the CEO of MinerGate, claims that ‘1-click client’ was supposed to become an entry-level software for many uninitiated miners. It is capable of showing an impressive hashing output because of its new code architecture.

MinerGate

The support of multiple languages and a huge user base are also among the main reasons why you should consider choosing this client.

CGMiner

CGMiner is yet another miner on the list that requires programming skills. Those who simply downloaded a CGMiner folder from Github will find themselves at an impasse since they won’t figure out how to make it run. The thing is, the source code that you download from Github has to be compiled (alternatively, you can already download compiled versions that are available on the web).  

CGMiner

Just like MinerGate, it functions as a mining pool software but it is also compatible with most types of mining hardware. The good thing about this software client is that you are not obliged to limit yourself to one single mining device.

Parity

Parity has a rather tainted reputation because of a major security breach that resulted in millions of Ether being stolen. Since then, they’ve managed to enhance their security, and there is a good reason to believe that they’ve learned their lesson.

Parity

The client is written in the bleeding-edge Rust programming language. Notably, it is integrated right into the Parity browser. It works with both Windows 10 and macOS.

💼 Related Article
5 Best Ethereum Cloud Mining Sites in 2018
🔥 Hot
3 months 4 weeks
256
5 Best Ethereum Cloud Mining Sites in 2018

Awesome Miner

Awesome Miner is a good option if you prioritize centralized mining management. The majority of clients that are featured on that list are mainly suitable for running one mining rig but if you want to run multiple mining engines (ASICs, FPGAs, etc.), it is advisable to stick with Awesome Miner. This client supports up to 25 clients and supports a wide range of coins that are based on popular algorithms.

Awesome Miner

The only disadvantage is that Awesome Miner doesn’t support any other operating systems apart from Windows. Hence, this miner is not that ‘awesome’ for Linux and MacOS fans.

The caveats

Back in June, multiple news outlets reported that hackers could steal over $20 mln in Ethereum from mining clients that were insecurely configured by amateur users. Cybercriminals could get unauthorized access to the cryptocurrency wallets of their victims. As you can see, almost all of these clients are not beginner-friendly. Meanwhile, WinEth is an easy-to-use Windows graphical client.     

Another caveat pertains to those miners who are looking for an alternative Ethereum client. For instance, when users reach a certain level of stability with Claymore, they are hesitant to make a switch. On top of that, it is rather challenging to adjust a specific type of mining software to specific types of Ethereum mining hardware (Nvidia graphics cards are generally considered to be the safest option).    

U.Today wishes you safe and profitable mining in 2019!

Wikicoin
17 views views
👓 Recommended articles
Wikicoin Alex Morris

Best Cryptocurrency Mining Software in 2019

Wikicoin
U.Today has managed to come up with the most comprehensive list of the best cryptocurrency mining software
Best Cryptocurrency Mining Software in 2019

There are dozens of different software clients for cryptocurrency mining, which makes the task of choosing the right one more difficult. In this guide, U.Today will try to determine what kind of software will be the most relevant choice for your mining management needs.

💼 Related Article
5 Best Ethereum Mining Software 2018
🔥 Hot
5 months 2 weeks
256
5 Best Ethereum Mining Software 2018

Beginner-level miners

Multi-miner

If you are only making baby steps in the world of cryptocurrencies, MultiMiner is definitely a top-of-mind option when it comes to choosing the best mining software. There are no confusing command lines that could complicate the life of uninitiated miners. Instead, it has a user-friendly interface that allows anyone to engage in cryptocurrency trading from the get-go (even your grandma).

MultiMiner users can easily choose what kind of coins they would like to mine, switching between different miners (all mining devices are detected automatically). The service will set you back 1 percent of your profits.

Multi-miner

Easy miner

As the name itself suggests, this open-source mining software client is also supposed to make all things easier with the help of its beautiful interface that simply cannot be more straightforward.    

The disappointing news for Linux and MacOS users is that this miner only supports Windows.

NB! Take into account the fact that these programs may cause issues with your antivirus software given they were a rather popular tool with cryptojackers.  

Easy miner

💼 Related Article
Google Tightens Rules for Extension Makers to Protect Users from Cryptojacking
🔥 Hot
3 months 2 weeks
256
Google Tightens Rules for Extension Makers to Protect Users from Cryptojacking

BitMinter  

We continue reviewing those mining clients that could be suitable for beginners, and BitMinter is our next contender. As you probably know, BitMinter is the name of a huge mining pool that has been operating since 2011. Hence, it makes the set-up process extremely simple given that you have to connect the miner to their own pool. There is a 1 percent commission involved, but it pales in comparison to the 4 percent charged by BTC.com.     

BitMinter
    
BitMinter’s UI does look a bit bulky and confusing, but look on the bright side – the client is supported by various operating systems.  

Minergate

Minergate is yet another mining pool that came up with cryptocurrency mining software. On top of that, it also supports dual mining – the process of mining multiple coins simultaneously (however, one should take into consideration the fact that merged mining is basically dead at this point). Anyway, Minergate is a great miner that supports a slew of altcoins, and it’s even compatible with Ubuntu OS!

Minergate

💼 Related Article
How to mine Monero (XMR) at Home on PC
🔥 Hot
8 months
256
How to mine Monero (XMR) at Home on PC

Hashfish

Compared to the aforementioned clients, Hashfish is a relatively new example of Bitcoin mining software (it was introduced by a Blockchain company of the same company in November). However, it does have some aces up its sleeve: no commission, automatic mining and quick withdrawals. Of course, another major advantage of this software is that coins can be mined by individuals who do not have any prior knowledge of technical aspects.   

Hashfish

Miners for advanced users  

BFGMiner

Are you a Linux user? If so, it would definitely make sense to consider installing BFGMiner, which is supported by different operating systems. The client has a text-based UI but it simultaneously offers a wide array of options – from overclocking devices and controlling their temperature to managing mining pools. However, keep in mind that BFGMiner is only compatible with ASIC miners.

💼 Related Article
Best Bitcoin Mining Hardware in 2019: Prepare For Super-Powerful ASIC Miners
🔥 Hot
4 days 6 hours
256
Best Bitcoin Mining Hardware in 2019: Prepare For Super-Powerful ASIC Miners

CGMiner

Those who are still stuck with GPUs in 2019 can choose CGMiner, a C-based multi-pool miner that also allows its users to mine with CPU and GPU. Generally speaking, this is the only major distinction between the two clients, and they are considered to be the standard mining tools. Just like with previous clients, CGMiner can be installed on Linux and MacOS. Here are some more suggestions for MacOS users:

  • RPC Miner;

  • DiabloMiner;

  • Poclbm.

CGMiner

Cloud mining with Miner-Server

Cloud mining has become a rather popular trend in the crypto space due to the fact that everyone can dip their toes without having to purchase super-expensive ASIC chips. For cloud mining, you can use the Miner-Server client (the least expensive package starts at $0.14). Alternatively, you can also install Genesis Mining software.     

Flash Player Bitcoin miner

The Flash Player era has been over for a long time, but there is also a working Flash Player Bitcoin Miner. However, the project hasn’t updated since 2013. Also, beware of fake Flash Players installers that will secretly mine Monero.  

💼 Related Article
Adobe Flash Player Gets New Life as Tool for Cryptojacking
🔥 Hot
3 months 1 week
256
Adobe Flash Player Gets New Life as Tool for Cryptojacking

Best mining software for enterprises

So far, we’ve reviewed the examples of cryptocurrency mining software that doesn’t require a license – in most cases, you still have to pay fees but the software itself is free. Here are some of the examples of paid software with the respective pricing:      

  • Hive OS. You are supposed to pay $2/mo per ASIC, but there is also a free trial version. Still, a bunch of fancy features, such as GPU overclocking and a bunch of supported miners definitely justify the price.   

  • Awesome Miner. In order to buy the ultimate edition that allows you to connect more than 100 miners, you have to shell out a whopping $900. Just like Hive OS, Awesome Miner offers a free trial. It is worth mentioning that Awesome Miner is able to handle up to 200,000 ASIC miners, and ordering such licenses will cost mining farms millions of dollars.    
    NB! Awesome Miner doesn’t support Bitcoin payments at the time of writing this article.

  • easyMINE. It is a remote cryptocurrency miner, which can also support over 10,000 devices. This software is designed for big enterprises, but users are supposed to pay 3 EMT (0.03) per ASIC. All devices can be managed from one online dashboard.         

​​​​​​​Best mining software for enterprises

💼 Related Article
New Cryptocurrency Mining Farm Opened in Armenia
🔥 Hot
3 months
256
New Cryptocurrency Mining Farm Opened in Armenia

Desktop mining clients you should avoid  

We’ve mentioned plenty of software clients that, despite some minor drawbacks, still can be considered a good option for mining. Still, there are some programs where minuses outshine pluses, therefore U.Today doesn’t recommend you use the following programs:

  • Honeyminer (apart from slow withdrawals, the software takes a rather high commission);

  • NiceHash (a huge mining platform that is still recovering from the consequences of the 2019 hack, but it’s still a rather popular platform).   

  • BTC miner (the miner is so incredibly bad that some users go as far as threatening the creator of this scam who won’t let users withdraw funds). Now that’s disturbing!   

Of course, you should also beware of cryptojackers given that some cryptocurrency mining software can be installed on your computer without you knowing! Back in August, U.Today reported about cryptojackers stealthily installing malware in a Steam game in order to mine Monero.  

Desktop mining clients you should avoid

Mining crypto on your phone

Yes, despite Google’s crackdown on scammy mining apps, Play Market still has a plethora of options for those who want to try out cryptocurrency mining on their smartphone (for better or worse). For instance, BTC SAFARI, a mining app that allegedly produces up to 400 Satoshis every 15 minutes, is still available for download despite scathing reviews. Other examples of cryptocurrency mining apps include Bitcoin Farm Free and Crypto Miner.

NB! Mining Bitcoin from your phone is extremely unprofitable, so you should beware of fake apps that will dry up your phone’s resources. Although, you can still mine smaller altcoins in the likes of Electroneum.

Mining crypto on your phone

💼 Related Article
10 Best Cryptocurrency Mobile Wallet 2018 For Android and iOS
🔥 Hot
5 months 3 weeks
256
10 Best Cryptocurrency Mobile Wallet 2018 For Android and iOS

The bottom line

As you can see, there are plenty of options when it comes to choosing the best cryptocurrency mining hardware. In order to choose the best one, you have to take into account such factors as the coins that you would like to mine, your OS, ease of use, the type of your mining hardware, the scope of your mining installation, etc.

Best Cryptocurrency Mining Software in 2019

Wikicoin
112 views views
👓 Recommended articles
Wikicoin Vera Thornpike

Upcoming ICO List to Watch in 2019

Wikicoin
Which upcoming ICO projects should you watch for? This ICO list is worth your attention, if you want to multiply your riches
Upcoming ICO List to Watch in 2019

We have already discussed that ICO investment is a risky venture – most companies don’t live up to the hype. However, investors’ success depends on how carefully they choose the projects and their foundations. Which Initial Coin Offerings are the most promising? We have done the homework for you and observed the worthiest up-and-coming crypto projects set to rock the blockchain industry boat in 2019.

Why ICOs are still relevant?

Even though Bitcoin is constantly fluctuating, and many blockchain ventures appear to be scams, the blockchain technology continues evolving no matter what. New projects keep popping up, and, believe it or not, you can still find real gems among a pile of stones. Such newly-created blockchains as EOS, OmiseGo, and Neo prove that a useful technical idea coupled with skillful marketing can help projects conquer the market.

Quick facts about ICOs

ICOs are beneficial for both investors and projects. Startups get essential financial support without paperwork and bureaucracy, while contributors add new assets to their portfolio and get a chance to hedge their risks. To get maximum benefit from their investments, they should analyze:

  • The team behind the project. Ideally, those should be people with years of experience and expertise in different spheres (crypto, PR and marketing, programming, finance, etc), and previous professional achievements.

  • Technological implementation and the blockchain’s salient features. Probably, that’s the most crucial point to consider. The blockchain should address some vexing problems or simplify users’ life. Besides, implementation of tokens should be justified – a project that can exist without cryptocurrency in its ecosystem is doomed to fail.

  • Partners and advisors. Projects that are backed up by authoritative companies and entrepreneurs have bigger chances of making it to the market.

  • The total amount of issued tokens and their cost. The higher the number of coins, the lower their value will be. XRP is a good case in point: this is the world’s second largest cryptocurrency, but its price is about $0.3 due to the enormous supply.

Where to find all this information? In the official sources: the ICO’s social media pages, blogs, the official websites and whitepapers, forums, and other channels. Detailed reviews can also be found on ICO Panic.

If you don’t have time to surf the Net in search of decent ICOs 2019, our list is here to help. For your convenience, ICOs are placed in chronological order.

1. 433 Token

Merging smart contracts and blockchain technology, 433 Token is a soccer-related project that’s aimed at making sports transparent and fair. The team behind 433 Token wants to promote blockchain around the world and improve its acceptance. Besides, they want to bridge the gap between young talent, soccer superstars, and fans. This platform will be available for fans and anyone having interest or relation to soccer (the creators aim to cover a target audience of 3 bln people).

Why do we think 433 Token can be a promising project?

  1. The developers have already managed to establish a partnership with Global Legends Series (GLS), a league of retired soccer Legends and the professional players who won championships.

  2. 433 Token has gathered the support of Mr. Paul Scholes and Mr. Andriy Shevchenko, who will play the roles of advisors and hosts. If the hard cap is reached, 8 more soccer legends will be attracted.

  3. The soccer industry is larger than you think: today, there are over 300,000 football clubs around the world with 240 mln active players. It is a great stomping ground for blockchain developers – if the technology is correctly integrated, both developers and investors can enjoy enormous revenue.

433 Token will bring fans closer to their idols and improve soccer as both industry and sports activity. Implemented in this sphere, blockchain will open many innovative applications for users.

You can still jump on the bandwagon – its ICO will last till January 10, 2019. One 433 token is worth $0.09, and no harsh investment limits apply.

Paul Scholes on stage with Jason Sze (433 Token CEO)

2. Lynked.World

Lynked.World is a blockchain based ecosystem that allows businesses to create customized applications and forms to provide different services to customers. It will ensure the integrity and authenticity of personal data, documents, and digital identities, being suitable for both individual and corporate users. With the help of this blockchain solution, users will preserve their personal data and get instant access to it using their laptops, Android and iOS devices.

The team has already partnered up with:

  • Coal India Limited.

  • State Government Municipalities.

  • Metal Scrap Trade Corporation Limited (MTSC).

  • West Bengal Forest Development Corporation Limited (WBFDCL).

The project has a lot of applications. For instance, it can be used to generate configurable forms and QR codes, generate a blockchain-based multifunctional digital access card, establish verifiable communication channels, secure transactions, and implement blockchain-based attendance registration.

Spheres where Lynked.World will be used

Lynked.World’s salient features are the possibility to have a digital identity with a digital wallet, configurable forms, data sharing with QR codes, background verification, a professional platform with a job portal, and so much more. Since it’s an open ecosystem, developers will be able to use the API for their own business scenario.

Aside from that, company’s strength lies in the potential to disrupt the market and reach the market cap of $100 bln, if the platform gets widely adopted. The team wants to establish partnerships with both private and public sectors.

So, why buy LYNK tokens? First, LYNK will be the only means of payment on the platform – organizations and individual users will need coins to perform operations and get access to premium services. Secondly, the number of coins is limited, so their value will continue growing with the number of users.

The ICO will be open till January 2019, and one LYNK token costs $0.35.

3. Vertex ICO

The Vertex team has decided to establish the first market that combines venture capital experience, trading, and tokenization. Vertex is set to establish an ecosystem that will make ICO investments more profitable. This is the first aftermarket for ICOs that gives potential investors insight into the projects and attracts capital though ICO vetting mechanisms. The tokens will be offered before they’re added to exchanges but after the ICOs are over.

That means you can evaluate the ICO’s potential according to the results of the crowdfunding campaign. If the hard cap has been reached, and a project raised a lot of hype, you can put hopes in it and invest until the token soars in price.

According to statistics, Vertex already has 47,700+ followers in Telegram and 19,000+ followers on Twitter. The team has managed to attract a lot of investors, and you can be the next one: the ICO will finish on 25 January 2019. 1 VTEX is worth $0.31, so hurry up before it hits the $1 threshold. The minimum investment cap is $50.

4. Gigzi

Gigzi is a financial project that was created to address the three main challenges of cryptocurrencies: high volatility, the vulnerability of users’ accounts, and diminishing of wealth.

Gigzi introduces the reliable standard of measure: it enables commerce in tokenized precious metals. Relying on the relative consistency of precious metals, it will protect users against cryptocurrency fluctuations. Backing up crypto-assets with precious metals, users will enjoy the stability of their wealth. All investments will be protected by law. The project is comprised of 4 crypto-assets that will stay unique and yet complimentary functioning on a decentralized P2P network and supported by three basic applications: a Wallet, a Treasury, and an Exchange. Combined together, they will empower users to manage wealth.

Gigzi utilizes a lot of useful technologies, including optical recognition for account access. Using biometric technology, Gigzi will enable users to protect their private keys and use the iris configuration instead.

Gigzi interface

5. SaTT

SaTT is a French blockchain project that leverages a special smart contract for advertisers and publishers. Advertisements and transactions are controlled by modules of autonomous beings secured by the Ethereum blockchain. If there’s an Oracle or module failure, the integrity of advertisements will be preserved. The transaction cost will be divided between encryption and Oracle modules accordingly. The competition between Oracle modules will ensure a decent level of service and competitive rates. With the help of SaTT ERC-20 tokens, payments will be made as soon as certain criteria are met. No fees apply.

SaTT will provide advertisers with different features:

  • creation of ads (ad builder will be included);

  • a display to make an ad directory;

  • statistics for validating transactions.

Besides, the team plans to introduce a PayBySaTT function for third-party developers to pay for products with SaTT.

The ICO will finish on March 31, 2019, and 1 SaTT costs $0.42. ETH, BTC, USD, and EUR are accepted, but KYC procedure is required for contributors.

6. Proof of Toss

This blockchain project is designed to set new standards of the betting industry. This P2P solution will serve as a decentralized platform for any type of event: the wager will function thanks to smart contracts created to protect players from unfair game.

Why you should bet on this ICO?

  1. The project is backed up by an international team of experts with relevant industry and development experience.

  2. The team is large enough to execute and rule a serious international business. All team members are professionals who possess both knowledge and experience.

  3. The product itself has a big chance of becoming a highly demanded solution for betting.

  4. Since betting is an industry that’s growing at a fast rate, participants can benefit from the increased trust and fund liquidity in the transaction system. Proof of Toss will stand out from the crowd of gambling websites and similar betting platforms.

  5. The crowdfunding goals are realistic, so the team is likely to have enough resources for implementation. During the presale phase, the token will be locked in, which will limit its dump when it hits the first exchanges.

  6. The project has a lot of open content on GitHub, so investors and partners can track the development and contribute. Open-source projects often appear to be more successful than private ones.

Aside from that, Proof of Toss has a lot of positive reviews and rating from other analysts.

The main sale starts on January 11, 2019, and will last till April 11, 2019, with 1 TOSS = 0.00004 ETH.

7. BitCanna

Blockchain solutions can be implemented in any sphere, and now this technology is available in the cannabis industry! BitCanna project provides a decentralized payment network for legal cannabis retail. Starting from 2019, its proprietary token will be used to pay instantly at hundreds of online stores.

Why is that relevant? The global cannabis industry is subject to numerous bans and restrictions, even though some governments legalize it for medical and recreational purposes. Since it’s a ‘shady’ business, payment providers don’t process such payments, even if it’s 100% legal. That makes cash transactions the only way out – and that’s inefficient and inconvenient. BitCanna provides a decentralized payment system to make the process transparent and fair. BCNA token will be used in both online and brick-and-mortar stores.

Later on, the BitCanna team plans to turn it into a supply chain solution to boost product safety and provide customers with more detailed information about the product origin. In addition, it will feature trust and review options. This initiative has already attracted potential partners from the European cannabis industry.

Key advantages of BitCanna project

At the moment, the network works with the most prominent seed banks and cannabis dispensary firms in Europe, serving more than 10.000.000 visitors every month. That’s why BitCanna has enough potential to overcome regulatory restrictions and become the leader in its sphere. Incentives and fast, convenient payments will contribute to the fast adoption of BCNA.

Its main ICO sale will finish in June 2019, and one BCNA is now worth $0.12.

Bottom Line

The number of ICOs appearing on the market is enormous, but it’s still possible to distinguish a few worthy projects. Bet on the technology coupled with a promising team and partners, and, most likely you will enjoy a 100%, 500%, or even 1000% ROI on your investment.

Wikicoin
503 views views
👓 Recommended articles
Wikicoin Vera Thornpike

What Does a Bitcoin Look Like? A Detailed Insight into the Technology and Currency

Wikicoin
Wonder if Bitcoin exists in some physical form? If so, then what does Bitcoin look like? Let’s debug the myths and reveal the truth about BTC’s appearance
What Does a Bitcoin Look Like? A Detailed Insight into the Technology and Currency

Bitcoin has turned into a buzzword since the interest in cryptocurrencies exploded in 2017. We have heard of it so often, but a picture is worth a thousand words. Wait, you can’t remember how Bitcoin looks? Wonder if it has any physical form at all? Let’s find out what exactly Bitcoin is, and whether it has any relation to fiat paper money.

So, what is Bitcoin?

This is the first electronic cash that appeared in 2008. Bitcoin was invented by the mysterious Satoshi Nakamoto – a person, or a group of people, who addressed the fundamental problems of the modern financial systems. The key ideas behind Bitcoin and cryptocurrency in general are:

  1. Put users/sellers in charge of financial operations and own money.

  2. Eliminate middlemen from transactions (banks, government).

  3. Reduce fees.

  4. Make transactions transparent, which would prevent corruption and cut expenses.

  5. Create money that would be totally independent of any government or authority. Users are free to use BTC as they want – there are no restrictions.

  6. Secure assets as strongly as possible. Blockchain makes for safe storage – Bitcoins stored in the wallet cannot be stolen thanks to cryptography.

They have managed to create a decentralized system that puts the asset owner in charge of his money. Within a short time, Bitcoin has managed to become a highly popular means of storage, payment, and investment. Now, it’s being widely integrated into real life in different spheres. Bitcoin payments are adopted by eCommerce stores, hospitals, food & catering, and many other organizations. Such giants as Microsoft, Dell, PayPal, and Google promote it, too. Bitcoin has an application programming interface (API), price index, and exchange rate.

How does it work?

The process of transactions is a bit complicated; it differs from what we’ve gotten used to.

As a new Bitcoin user, you need to generate your first Bitcoin address and create more whenever you need to. The address can be disclosed to friends so that they can transfer money to your account, and vice versa.

All finished transactions are included in the blockchain on which the whole network relies. It allows Bitcoin wallets to calculate their spendable balance for the new transactions to be verified to make sure they’re really owned by the spender. The integrity of blockchain is ensured with the help of cryptography.

Here’s how Bitcoin transactions work
How Bitcoin transactions work: the scheme for dummies

A transaction is a transfer of value between BTC wallets. Every Bitcoin wallet has a private key (it’s also called a ‘seed’) that is used to sign transactions and provide the mathematical proof of their origin. The signature also protects the transaction from being altered by anyone. The transactions in the Bitcoin network are usually confirmed within 10-20 minutes, and this process is called ‘mining’.

Mining is a consensus system that’s used to confirm the transactions by including them in the blockchain. The blocks are stored in chronological order to protect the neutrality of the network and let different computers agree on the state of the system. For transactions to be confirmed, they should be packed in a block that complies with cryptographic rules and is verified by the network. Thanks to these rules, blocks cannot be modified because otherwise, all subsequent blocks would be invalid.

Besides, mining adds the element of lottery, which prevents any individual from simply adding new blocks. No person or group can control what’s included in the blockchain, or replace its parts. Therefore, all transactions are irreversible.

So, what does Bitcoin look like?

Unlike fiat currency, which is emitted in the form of paper money and metal coins, Bitcoin is a completely digital asset, which means it looks like numerous lines of codes. The codes contain multiple conditional statements. It also means that:

  • A Bitcoin wallet is an alphanumeric string.

  • A BTC transaction is an encrypted function of different parameters.

Sound too complicated? View Bitcoin as a computer file that can be stored in a ‘digital wallet’ app on your PC or smartphone. People can send Bitcoins (or parts of it) to your digital wallet, and you can send this digital money, too. Every transaction is recorded in the public registry, called ‘blockchain’.

Bitcoin

When you have a $100 paper note in your hand, you realize its value; when you transfer it to your MasterCard, you understand that you possess the same money but converted into the digital state. It’s just a number of codes on your plastic card and a banking account. The same goes for Bitcoin, but you cannot cash it out directly (it can only be transferred in fiat).

Just for fun, one Internet user has modeled a paper Bitcoin. This is what it might look like:

What would a Bitcoin paper note look like? Here’s one version created by an Internet user
Theoretically, a Bitcoin note might look like this

 

Does the gold coin have value?

If you’re into cryptocurrency and Bitcoin, most likely you have often seen the golden Bitcoin:

Beware of fraud: these coins are nothing but a souvenir!
The popular golden Bitcoin souvenir coin

“Told you! Physical Bitcoins exist!” – you might exclaim and be wrong.

Sorry to disappoint you, but it’s just another trick of souvenir sellers to make money on hype. Such an object is just a Bitcoin symbol that you can buy online for some $1-2. These coins are made of plastic or metal and are not connected to the Bitcoin company in any way. Bitcoin coin has no other value except for purely aesthetic.

It has also nothing to do with Bitcoin Cash, Bitcoin Gold, and other forks.

How to cash out Bitcoin?

Now that you know that there’s no physical equivalent of Bitcoin, you may wonder how to cash it out. The answer is simple: transfer it to fiat currency. There are several ways to get money converted from Bitcoins:

  1. Cryptocurrency exchange websites allow you to exchange regular money for Bitcoins, and vice versa. Such websites include Coinbase and Coinsquare (US & Canada), BitBargain and Bittylicious (UK).

  2. Bitcoin ATMs also allow exchanging BTC for cash. They are not so widely spread, though: you can find them in large cities only.

  3. LocalBitcoins and other similar services allow finding a seller who will buy your BTC for cash. Beware of scams and frauds!

Please note that there’s a bunch of Bitcoin projects that appear to be scams, especially investment websites and exchanges. Read customer reviews on the Bitcoin forum to make sure that website’s reputation isn’t tarnished.

Can I make purchases using Bitcoin?

Absolutely, yes! There’s an ever-growing number of shops and companies accepting Bitcoin payments. So if you don’t want to spend time and efforts on cashing out, transform your digital currency into real objects – use it for making purchases.

The list of companies accepting Bitcoin is enormous!

Restaurants

Internet services

Entertainment

Online stores

Travelling

KFC Canada

Wikipedia

Naughty America

Jeffersons Store

Virgin Galactic

Subway

Overstock.com

Badoo

Alza

A Class Limousine

PizzaForCoins.com

Microsoft

Bloomberg.com

Etsy Vendors

Yacht-base.com

Whole Foods

The Pirate Bay

EZTV

Gap

Webjet

Bitcoincoffee.com

Seoclerks.com

   

One Shot Hotels

Some projects allow users to have a plastic card that can be used as a regular bank card in any store; cryptocurrency is automatically converted into the local regular currency.

Bottom Line

Whether you like it or not, Bitcoin does not look like usual paper and metal money – it does not exist in a physical form. However, it is gradually becoming a normal means of payment and has store value. Not only the cryptocurrency community admits the potential of virtual currency – banks and corporations are eager to implement Bitcoin payments because it allows for fast transactions with minimal fees.

Some five years ago, we couldn’t even imagine that a piece of code might have so much value and power. Bitcoin is a revolutionary digital currency that completely changes the concept of transactions and is set to rock the boat of the conventional world economy.  

Wikicoin
195 views views
👓 Recommended articles