Bitcoin Mining Industry is Booming as Difficulty Soars 14% ...

WaykiChain CSO, Wayki Sun: Vaulting Ambitions Carried Boundless Energy

"Here we must run as fast as we can just to stay in place.".
----- Alice in Wonderland
Once, this was just a fairy tale, but now, in the blockchain industry, it has become the reality. The fairy tale came true in the blockchain industry.
Looking back on 2019, the world’s various uncertainty still while blockchain takes the real lead Having the whole world in view, the stablecoin project Libra has become a subject of the U.S. Congress, starting off the tremendous craze in blockchain worldwide, by storm; while Chinese government introduces a new policy that lists blockchain as an important breakthrough for its innovation focus.
It is in this historical turning point that Waykichain has successfully completed its own transformation.
Coping with the times, the reflection of the trend
At WaykiChain’ inception, WaykiChain entered the industry via the most appropriate entry point prediction, which its full enthusiasm has been frustrated by the policy of cognitive. Since then, Waykichain has retreated to ecosystem co-building. By providing one-stop help for the outstanding developers from all over the world, Waykichain has launched dozens of DApps in order to build its own public chain ecosystem.
There are full of obstacles and difficulties. Waykichain team has paid great attention and affection in the whole process. From technology, operation, promotion to marketing, all of which have caught up to the front of the industry in such experience and exploration.
As Wayki Sun, the “godfather” said, said: "The old conscious classicalists are always afraid of the arrival of new things, however, the efficient and advanced new system is so unstoppable."
The changes in the industry have made some people like falling into ice caves but crying without tears, while others have ushered in more possibilities.
The key lies in whether the pulse of the development of the industry has been observed and the opportunities given by the times have been seized. In this way, even the detours will eventually become a
rainbow to success.
All previous attempts and explorations let us deeply understand that innovation is not to take shortcuts, but to take root in the deepest reality, solve the problems of specific business scenarios, and match the rigid demand that lies deep inside of our users.
Taking the ecosystem as a breakthrough, Waykichain finally set its target in the financial direction.
Huatong Securities is the first case of Waykichain successfully landing in a business application scenario. As a successful precedent for cryptocurrency cross-border finance,
Huatong Securities has brought significant returns to investors in a series of new digital currency businesses. Data shows that some investors who participated in the subscription of new shares through Huatong Securities have achieved a return of over 30% in recent months. Through WUSD as the access channel, investors who have not been able to get involved in this field can also participate in it without obstacles.
Waykichain's long-term: based on core values
Facing the rapid changes in the market, WaykiChain innovated from time to time, constantly
iterating new ways of business paths. In the face of the uncertainty of the
world, Waykichain has always adhered to its long-term, and through its internal
cultivation, it used its own certainty to deal with the uncertainty of the world.
Such long-term is exactly the core value of Waykichain:
Firstly, WaykiChain will continue to maintain as a global leader in public chain technology and
mechanisms.
The four-letter codes "Long", "Teng", "Tiger", and "Yue" signify the roadmap of the future evolution of the Waykichain public chain. In the current "Teng" stage of the public chain, Waykichain not only achieved a global leader in a number of hardcore technical indicators such as TPS (average stable at 3300, peak 7800), transfer speed but also reached the industry in terms of the underlying logic and technical architecture. Leading positions, such as the construction of stablecoin systems and DEX at the bottom of the public chain, have surpassed the general contract-based construction in terms of security, stability, scalability, the convenience of paying fees, etc. The decentralized cross-chain technology completed at the end of the quarter will bring cross-chain assets such as Bitcoin and Ethereum to Waykichain, which will stimulate tens of billions of value liquidity; and the upcoming integration of the WASM virtual machine will also allow Waykichain acquires dual virtual machine engines for higher compatibility and performance.
"Publicchain is still in the era of clash of Titans. When all goes to all, technology will win out." As Waykis assertion of the public chain's technical status, these explorations of public chain technology and mechanism have not only given WaykiChain the greater commercial application potential of public chain,
also allows the public chain facilities built on it to have a stronger industry competitive
advantage.
Secondly, vigorously expand the supporting construction of the commercial scene around Waykichain.
Regardless of whether it was cut through my prediction at the beginning, or then focused on the
application ecosystem, or currently grasping the financial direction, although the rudder is
constantly adjusting, the voyage of exploring the business model has never stopped.
At present, a complete set of decentralized financial system surrounding the stable coin WUSD of Waykichain has taken shape, and the profit model and commercial development path built on this financial system have become increasingly clear, including cross-border finance, cross-border payment, decentralization currency, denominated currencies, financial derivative transactions, etc. will all be important business application scenarios for Waykichain. On the last day of 2019, the WICC's total network mortgage volume has exceeded 16 million, and the main destination of the WUSD loan is Huatong Securities' cross-border financial investment.
Breaking Technology Silos: High Global Consensus
Owning, without connecting, will eventually become a technology island. What Waykichain does is to link realistic business scenarios and huge users outside the circle, and finally form a high degree of global consensus.
The so-called consensus is people's identification of the same thing and a community of unanimous beliefs. The extent to which this matter can reach consensus also determines its commercial value. It can be said that consensus is the root of the development of public chain and the entire commercial building. The global high consensus is the development direction of all blockchain projects.
And such a high degree of consensus involves many aspects, including not only the global leader in the technology and mechanism of Waykichain mentioned above, the supporting construction of business scenarios, etc., but also other important parts:
Internationalization of the Waykichain Team. At present, Waykichain has gathered a group of elite troops with great dedication, a sense of mission and a sense of belonging. This is the result of Waykichain's long-term implementation of the introduction, cultivation and elite precipitation of outstanding personnel. In the future, the Waykichain team will be further internationalized. Through the international team, a global communication circle will be built to help the global strategic layout;
Introducing strategic investments such as top global venture capital. No matter whether the previous contact with Softbank or being invited to attend the Global Blockchain High-end Private Conference in Dubai, we are preparing for the introduction of the world's top venture capital and this will strengthen the brand endorsement and help Waykichain's extension Breakthrough development.
Strengthen technical cooperation with governments and large institutions. Earlier, WaykiChain had conducted returning visits with the Montenegrin government and had an in-depth exchange of views on the blockchain technology reform in the field of Montenegro International Trade and Finance. Through such high-standard technical cooperation, it can not only improve the operating efficiency of related fields but also accumulate rich experience and capital market reference for more national-level cooperation of Waykichain;
Launch more world first- and second-tier exchanges. Last year, Waykichain successfully launched Gate.io and Bithumb and other international first-tier exchanges, and other first-tier and second-tier exchanges are also actively contacting.
Through the creation of a high degree of global consensus, Waykichain will ultimately be given more business value and promote the landing of a business application ecosystem.
The magic weapon to win the future: Massive community expansion
The magic weapon to win the future is not how much resources you have, but how many resources you can mobilize. For this reason, in addition to having a high degree of consensus on a global scale, we also need a huge community as a vehicle that can be scheduled.
At present, through the global partner and ambassador system of various countries, Waykichain has formed a number of international communities around the world with Waykichain ambassadors as its core. Among them, 41 community managers (including global ambassadors) from 15 countries including U.S, the United Kingdom, France, Germany, Japan, Indonesia, Brazil, Vietnam, South Korea, Turkey, the Philippines, Russia, Spain, Ukraine, Bangladesh and Nigeria, including Nearly 30 international communities; and has held several offline events in Russia, Singapore, Turkey, Vietnam and South Korea.
On the basis of the achievements of single-point breakthroughs in some key countries and regions, we will continue to penetrate overseas markets and increase the frequency of offline meet-ups and overseas marketing activities. In the coming year, we plan to hold another 30 overseas offline meet-ups through official channels, and encourage and assist global volunteers to organize about 60 offline meet-ups on their own initiative.
Through the implementation of point-to-surface breakthroughs, we will continue to attract incremental users, and continue to expand the number of users in overseas communities while maintaining the steady growth of domestic communities, and truly form a situation of massive community expansion and a global chess market.
2020: Writing our own heroism
"Having a dream that doesn't make you exhausted in this life, I think, is the best gift that life gives you."
At that time, when the godfather wrote this sentence in the circle of friends, Waykichain was not born yet. But what happened in the next two years, we all know: once the seeds of dreams land, under the watering of ambition, not only take root, they are already germinating, they will grow wildly.
"To set a big goal, you must focus crazily and continue to work towards it." This is not only the creed of Wayki but also his exhortation to the team. From top to bottom, with this "crazy energy" that constantly surpasses itself and pursues excellence, Waykichain is able to open its doors and build bridges on the road of technological evolution and in the cold winter of the industry.
On the high-speed track of the global public chains, WaykiChain built around the three dimensions of "core value as the foundation", "global high consensus" and "mass community expansion", the next goal will be to strive for the top five and even the top 3 positions of the global public chain. Let's wait and see how this heroic epic belongs to us.
submitted by Waykichain to u/Waykichain [link] [comments]

WaykiChain CSO, Wayki Sun: Vaulting Ambitions Carried Boundless Energy

“Here we must run as fast as we can just to stay in place.”.
— — — Alice in Wonderland
Once, this was just a fairy tale, but now, in the blockchain industry, it has become the reality. The fairy tale came true in the blockchain industry.
Looking back on 2019, the world’s various uncertainty still while blockchain takes the real lead Having the whole world in view, the stablecoin project Libra has become a subject of the U.S. Congress, starting off the tremendous craze in blockchain worldwide, by storm; while Chinese government introduces a new policy that lists blockchain as an important breakthrough for its innovation focus.
It is in this historical turning point that Waykichain has successfully completed its own transformation.
Coping with the times, the reflection of the trend
At WaykiChain’ inception, WaykiChain entered the industry via the most appropriate entry point prediction, which its full enthusiasm has been frustrated by the policy of cognitive. Since then, Waykichain has retreated to ecosystem co-building. By providing one-stop help for the outstanding developers from all over the world, Waykichain has launched dozens of DApps in order to build its own public chain ecosystem.
There are full of obstacles and difficulties. Waykichain team has paid great attention and affection to the whole process. From technology, operation, promotion to marketing, all of which have caught up to the front of the industry in such experience and exploration.
As Wayki Sun, the “godfather” said, said: “The old conscious classicalists are always afraid of the arrival of new things, however, the efficient and advanced new system is so unstoppable.”
The changes in the industry have made some people like falling into ice caves but crying without tears, while others have ushered in more possibilities.
The key lies in whether the pulse of the development of the industry has been observed and the opportunities given by the times have been seized. In this way, even the detours will eventually become a rainbow to success.
All previous attempts and explorations let us deeply understand that innovation is not to take shortcuts, but to take root in the deepest reality, solve the problems of specific business scenarios, and match the rigid demand that lies deep inside of our users.
Taking the ecosystem as a breakthrough, Waykichain finally set its target in the financial direction.
Huatong Securities is the first case of Waykichain successfully landing in a business application scenario. As a successful precedent for cryptocurrency cross-border finance,
Huatong Securities has brought significant returns to investors in a series of new digital currency businesses. Data shows that some investors who participated in the subscription of new shares through Huatong Securities have achieved a return of over 30% in recent months. Through WUSD as the access channel, investors who have not been able to get involved in this field can also participate in it without obstacles.
Waykichain’s long-term: based on core values
Facing the rapid changes in the market, WaykiChain innovated from time to time, constantly iterating new ways of business paths. In the face of the uncertainty of the world, Waykichain has always adhered to its long-term, and through its internal cultivation, it used its own certainty to deal with the uncertainty of the world.
Such long-term is exactly the core value of Waykichain:
Firstly, WaykiChain will continue to maintain as a global leader in public chain technology and mechanisms.
The four-letter codes “Long”, “Teng”, “Tiger”, and “Yue” signify the roadmap of the future evolution of the Waykichain public chain. In the current “Teng” stage of the public chain, Waykichain not only achieved a global leader in a number of hardcore technical indicators such as TPS (average stable at 3300, peak 7800), transfer speed but also reached the industry in terms of the underlying logic and technical architecture. Leading positions, such as the construction of stablecoin systems and DEX at the bottom of the public chain, have surpassed the general contract-based construction in terms of security, stability, scalability, the convenience of paying fees, etc. The decentralized cross-chain technology completed at the end of the quarter will bring cross-chain assets such as Bitcoin and Ethereum to Waykichain, which will stimulate tens of billions of value liquidity; and the upcoming integration of the WASM virtual machine will also allow Waykichain acquires dual virtual machine engines for higher compatibility and performance.
“Publicchain is still in the era of clash of Titans. When all goes to all, technology will win out.” As Wayki's assertion of the public chain’s technical status, these explorations of public chain technology and mechanism have not only given WaykiChain the greater commercial application potential of public chain, also allows the public chain facilities built on it to have a stronger industry competitive advantage.
Secondly, vigorously expand the supporting construction of the commercial scene around Waykichain.
Regardless of whether it was cut through my prediction at the beginning, or then focused on the application ecosystem, or currently grasping the financial direction, although the rudder is constantly adjusting, the voyage of exploring the business model has never stopped.
At present, a complete set of decentralized financial system surrounding the stable coin WUSD of Waykichain has taken shape, and the profit model and commercial development path built on this financial system have become increasingly clear, including cross-border finance, cross-border payment, decentralization currency, denominated currencies, financial derivative transactions, etc. will all be important business application scenarios for Waykichain. On the last day of 2019, the WICC’s total network mortgage volume has exceeded 16 million, and the main destination of the WUSD loan is Huatong Securities’ cross-border financial investment.
Breaking Technology Silos: High Global Consensus
Owning, without connecting, will eventually become a technology island. What Waykichain does is to link realistic business scenarios and huge users outside the circle, and finally form a high degree of global consensus.
The so-called consensus is people’s identification of the same thing and a community of unanimous beliefs. The extent to which this matter can reach consensus also determines its commercial value. It can be said that consensus is the root of the development of public chain and the entire commercial building. The global high consensus is the development direction of all blockchain projects.
And such a high degree of consensus involves many aspects, including not only the global leader in the technology and mechanism of Waykichain mentioned above, the supporting construction of business scenarios, etc., but also other important parts:
Internationalization of the Waykichain Team. At present, Waykichain has gathered a group of elite troops with great dedication, a sense of mission and a sense of belonging. This is the result of Waykichain’s long-term implementation of the introduction, cultivation and elite precipitation of outstanding personnel. In the future, the Waykichain team will be further internationalized. Through the international team, a global communication circle will be built to help the global strategic layout;
Introducing strategic investments such as top global venture capital. No matter whether the previous contact with Softbank or being invited to attend the Global Blockchain High-end Private Conference in Dubai, we are preparing for the introduction of the world’s top venture capital and this will strengthen the brand endorsement and help Waykichain’s extension Breakthrough development.
Strengthen technical cooperation with governments and large institutions. Earlier, WaykiChain had conducted returning visits with the Montenegrin government and had an in-depth exchange of views on the blockchain technology reform in the field of Montenegro International Trade and Finance. Through such high-standard technical cooperation, it can not only improve the operating efficiency of related fields but also accumulate rich experience and capital market reference for more national-level cooperation of Waykichain;
Launch more world first- and second-tier exchanges. Last year, Waykichain successfully launched Gate.io and Bithumb and other international first-tier exchanges, and other first-tier and second-tier exchanges are also actively contacting.
Through the creation of a high degree of global consensus, Waykichain will ultimately be given more business value and promote the landing of a business application ecosystem.
The magic weapon to win the future: Massive community expansion
The magic weapon to win the future is not how much resources you have, but how many resources you can mobilize. For this reason, in addition to having a high degree of consensus on a global scale, we also need a huge community as a vehicle that can be scheduled.
At present, through the global partner and ambassador system of various countries, Waykichain has formed a number of international communities around the world with Waykichain ambassadors as its core. Among them, 41 community managers (including global ambassadors) from 15 countries including U.S, the United Kingdom, France, Germany, Japan, Indonesia, Brazil, Vietnam, South Korea, Turkey, the Philippines, Russia, Spain, Ukraine, Bangladesh and Nigeria, including Nearly 30 international communities; and has held several offline events in Russia, Singapore, Turkey, Vietnam and South Korea.
On the basis of the achievements of single-point breakthroughs in some key countries and regions, we will continue to penetrate overseas markets and increase the frequency of offline meet-ups and overseas marketing activities. In the coming year, we plan to hold another 30 overseas offline meet-ups through official channels, and encourage and assist global volunteers to organize about 60 offline meet-ups on their own initiative.
Through the implementation of point-to-surface breakthroughs, we will continue to attract incremental users, and continue to expand the number of users in overseas communities while maintaining the steady growth of domestic communities, and truly form a situation of massive community expansion and a global chess market.
2020: Writing our own heroism
“Having a dream that doesn’t make you exhausted in this life, I think, is the best gift that life gives you.”
At that time, when the godfather wrote this sentence in the circle of friends, Waykichain was not born yet. But what happened in the next two years, we all know: once the seeds of dreams land, under the watering of ambition, not only take root, they are already germinating, they will grow wildly.
“To set a big goal, you must focus crazily and continue to work towards it.” This is not only the creed of Wayki but also his exhortation to the team. From top to bottom, with this “crazy energy” that constantly surpasses itself and pursues excellence, Waykichain is able to open its doors and build bridges on the road of technological evolution and in the cold winter of the industry.
On the high-speed track of the global public chains, WaykiChain built around the three dimensions of “core value as the foundation”, “global high consensus” and “mass community expansion”, the next goal will be to strive for the top five and even the top 3 positions of the global public chain. Let’s wait and see how this heroic epic belongs to us.
submitted by Waykichain to WICCProject [link] [comments]

Why GPU Prices Went Up And Where They Will Go In The Future (Informed Speculation)

I am seeing a lot of comments in this sub in regards to the GPU apocalypse 2.0. I wanted to shed some insight about what is going on and what I believe is going to happen in the future. As a long time lurker in this sub, I believe in speaking the truth and getting past all the bs.
First, I need to tell you guys right now. I am a miner. I have 16 1070s and 12 1060 3gbs mining in unison in my basement (which most veteran miners would consider a mid-sized operation). My personal gaming rig is still powered by my GTX 980 and I mine with it as well when I am not using it. All that being said, I have been in the mining game for years and I saw this apocalypse coming with the climbing profitability (which is why about three weeks ago I ordered 12 1060s). In July, when the GPU apocalypse 1.0 happened, everyone was happy because a 6x1070 rig could make you upwards of $20 a day. Then when everyone started mining it dropped to $15 on average, then again to $12. In late November to early December I started to see a huge but gradual climb to over $20 a day again. I admitted all of that to establish myself as a mining veteran, NOT to troll anyone. If you want to try and predict GPU apocalypse 3.0 yourself, visit whattomine and calculate what 6x1070s are making and compare them to the numbers I have above. If they start to climb near $20 a day, you will know winter is coming again.
For the GPU market, I strongly believe that the market in the next few years will shift. There are two reasons for that. The first is I think that GPU mining is here to stay. Remember that our profitability is NOT completely linked to crypto prices, but in the difficulty of a particular coin. If the difficulty of ethereum were to double today and the price stay the same, I would be mining zcash etc. Even if the prices of ALL coins tanked, it wouldn't affect my profit as much as many of you seem to think it would. The reason is because when the reward goes down, many stop mining a coin and so the difficulty drops. It's just human behavior. That is why most days I make the exact same amount of USD $$$ even though the price of most coins shot up. It IS possible for profitability to drop as hard as it's went up recently, but the low profitability would cause a new coin to utilize all that untapped hashrate. There is a huge financial incentive to tap into all of this GPU power, and that is why I strongly believe it is going to continue to be profitable long term. Just look at how much etheruem has eaten into the Bitcoin dominance by market cap in the past year or two.
The second reason is I believe that this generation of cards has experienced demand the likes of which we have never seen! I mean seriously, those of us that got into PC gaming in the last 10 years, we have not seen demand like this EVER. Like you guys have been saying, this is going to cause a VERY healthy second hand market soon, which is a great thing. If the Volta profitability from the Titan V is anything to go by, that manufacturing process is going to be the new go-to for crypto mining. The only reason the Titan isn't coveted by crypto miners is the price. At 200w it's crypto numbers are actually the strongest per watt of anything out there (which will very likely translate down into the next gen 1080, 1070, and 1060 respectively). I don't think everyone is gonna just shut off their rx 570s, 1060s, 1070s, and 1080s just to upgrade to Volta, but all NEW rigs in the future will obviously be built with the best tech. Those old rigs will stay powered on until they are literally unprofitable to run OR they are so low-profit that they are no longer worth the effort to maintain.
For the two reasons above (continued profitability and better GPUs in the future) I do believe we are heading towards a situation where crypto miners get the latest gen cards and gamers get one generation back. The FPS/$ on the used market has mostly always been better than the new market, but we are heading for a time where that effect is going to be compounded. I strongly believe the go-to-cards for gamers once Volta spreads to miners is going to be rx 570-1080ti depending on budget.
One final piece of bad news is there is a new floor to GPU prices. Miners will ALWAYS buy whatever is going to ROI fastest and make the most money. If 1070s dropped to 100 bucks and Volta 2070s are $450 but only twice as good, we will demand 1070s until the price goes up beyond $200. That's just an example, but you get the idea. I think that second hand GPUs for the previous gen will be selling for slightly less than what they were MSRP at launch.
Personally, mining has changed my life for the better. My wife is preggo and we are about to move to a single income family because of the revenue generated by mining (about $100 every day with the cards listed above). I don't understand why gamers aren't subsidizing their purchase of GPUs by mining with new, easy software like Nicehash then cashing it out. I get not everyone has the up-front capital to get a 1080ti for $1300, but why not get a 1060 3gb for a little under 300 then set it to mine when you aren't using it? After a few months you will have made the price of your GPU under 200 despite electricity costs. Another benefit is technically you mining with that 1060 will decrease the profit of miners like me slightly. If you really wanna affect the bottom line of miners, mine with the cards you already have. It increases the difficulty and makes profit lower MUCH more so than a drop in price would. There is plenty of profit to go around. I would say you could buy games on steam with the resulting Bitcoin, but they eliminated that. You CAN buy from Newegg straight up or even from Amazon at a discount using purse.io in order to justify the extra price for the card. There are a TON of options of how you can spend your BTC.
I certainly don't know everything, but if you guys have any questions please let me know and I will try my best to answer them. I am sure an even more experienced miner will jump in if I don't know the answer and respond as well.
TL;DR: GPU apocalypse 2.0 happened because the profit of 6x1070s passed $20 per day again (all cards are high profit but I use 1070s as a reference). I believe gamers are going to get one generation of GPU back starting when the full Volta stack comes out.
submitted by compound-interest to pcmasterrace [link] [comments]

Should you worry about the Bitcoin drop?


Bear market
You might have heard that Bitcoin’s value has recently dropped quite dramatically. What does that mean for Bitcoin investors? Is it time to back out? Should you worry about the drop and stop thinking about investing into Bitcoin and blockchain?
On the contrary! In fact, the recent Bitcoin drop might prove to be positive for potential investors. Don’t believe us? Well, let us explain!

Low Bitcoin price means it’s time to buy!

Remember when everyone predicted the end of the cryptocurrency market back in Winter of 2017, when the price of Bitcoin and other currencies suddenly dropped? Well, you might also remember that the prices of most of the cryptocurrencies managed to climb back up after the slump, reaching even over $10.000 in case of Bitcoin.
Most importantly, those savvy investors, who bought crypto-assets at that time, have seen their fortunes multiply during the course of the year.
It is a basic rule of investment - buy low, sell high. Now that Bitcoin is at a low point price-wise, it’s a good time to buy - and wait for the price to climb back up.
Read more: Tips on investing in Bitcoin and other cryptocurrencies.

Bitcoin mining difficulty is getting lower!

If you are interested in mining cryptocurrency instead of buying it on an exchange, we have some good news.
As you may know, cryptocurrency is mined by solving complicated cryptographic problems. Those are of course computed by computers - they are much too difficult to be efficiently solved by a human.
Read more: How the technology behind cryptocurrencies works.
So, you might think that getting a stronger device with better computing power will increase the speed at which you can mine cryptocurrency. And while in principle that’s right, in practice the more supercomputers mine a currency, the more difficult those cryptographic problems get.
Since the rate at which new cryptocurrency is created has to be more or less stable, the difficulty of the tasks that have to be completed to be able to mine a Bitcoin is adjusted to the computing power of everyone involved.
Now, where is the good news? Well, due to the Bitcoin price drop, some of the miners have decided to stop mining it. Perhaps it’s just a temporary decision, and they will get back to it as soon as the prices go up again. But in the meantime, the cryptographic problems that have to be solved have been adjusted - and lowered!
What does that mean for you? It means that you can use your computer much more efficiently to mine Bitcoin. You will need much less resources and energy to do that than you would have if you mined a couple months ago!

Blockchain is not just cryptocurrency.

While cryptocurrencies are a great invention and have the potential to change the world, there are many more potential applications of the technology that could be revolutionary.
From reducing bribery to eradicating election fraud, blockchain can make our world better in many ways - but a lot of investors tend to focus on its most mainstream application.
The drop of Bitcoin value might scare some investors off - but that does not mean you should stop investing in blockchain! In fact, now is the time to invest in organisations and start-ups that develop the technology in fields other than finance. The temporary drop in the cryptocurrency-related hype creates a chance for them to gain more traction, and you definitely don’t want to miss out on the blockchain revolution!
Read more: How will blockchain change the world?

Don’t panic and carry on with your investments!

To sum up - while the price of Bitcoin has dropped in November and December of 2018, this is not a reason to panic. As Bitcoin is currently less expensive than before, it is a good time to invest in it - and in other blockchain-related technologies. You could even try your hand at mining the cryptocurrencyif you’re so inclined. It is now easier than ever to get into the market - and you should not miss your chance!

Source: https://base.darbfinance.com/news
submitted by Barizu to DarbFinance [link] [comments]

Are Bitcoin Legal Best Bitcoin Exchange Will Bitcoin Recover Why Bitcoin Mining Bitcoins Are Dumb

Bitcoin Price Prediction Summary. Bitcoin is said to be worth anywhere from $14,000 to $1,000,000 by industry experts such as Tom Lee, Vinny Lingham and John McAfee. Keep in mind that price predictions are guesses at best, and certainly shouldn’t be taken as financial advice. The fourth cycle: Bitcoin winter 2015 – winter 2017. During the fourth cycle, Bitcoin was taking giant leaps from one price point to another. The rate started at $1000 and then increased 5 times to $5000. But as we all remember, the finest hour for BTC was December 2017. That month the digital currency surprised everyone and set a new price ... After Bitcoin surged past the $9,000 mark, the coin’s mining difficulty reached a brand-new high of 7.46 trln, according to the data provided by CoinMetrics.io.The previous record had been set on in October 2018 when the difficulty skyrocketed to 2018. While many analysts predicted Bitcoin’s mining difficulty will rise around 8 percent, few believed it would continue to increase at the same pace in the days following the adjustment. According to data from CoinMetrics, the difficulty increased 7 percent after the adjustment, with the hash rate reaching an all-time high of 14.8T. Even before the latest Bitcoin mining difficulty adjustment ... The network difficulty for the Bitcoin network spiked over 9.8% on Monday bringing the difficulty to its highest point ever. The record high of 17.35 trillion makes it much harder for bitcoin miners to profit. However, the overall Bitcoin network hashrate has remained consistently above the 120 exahash per second (EH/s) zone.

[index] [46664] [6848] [18809] [37844] [22898] [23968] [40421] [21003] [36133] [11085]

Are Bitcoin Legal

To read more with regards to bitcoin paper wallet, check out internet site below: http://www.cryptocoinwalletcards.com/ Tags: asic bitcoin miner, asic bitcoi... To read more with regards to Bitcoin wallet card, litecoin wallet card, please visit website the following: http://www.cryptocoinwalletcards.com/ Tags: asic ... For more info concerning Bitcoin wallet card, litecoin wallet card, kindly visit website right here: http://www.cryptocoinwalletcards.com/ Tags: asic bitcoin... For more info concerning bitcoin paper wallet, please visit site here: http://www.cryptocoinwalletcards.com/ Tags: asic bitcoin miner, asic bitcoin miner ava... For more info concerning Bitcoin wallet card, litecoin wallet card, please visit site right here: http://www.cryptocoinwalletcards.com/ Tags: asic bitcoin mi...

#