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How to Invest In Cryptocurrencies for the Long Haul

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Given the interest from governments and big money, it’s safe to say that cryptocurrencies have a place in our future. This strengthens the case for investing in cryptocurrencies and tokens over the long haul. But choosing which tokens or cryptocurrencies to invest in is a tough job at present, given that new blockchain projects that introduce their own tokens/cryptocurrencies spring up on a daily basis.

There are yet to be advanced systems and models developed, such as those used in the stock market, to determine which ICO projects are worth betting on. But one effective way to easily enter the cryptocurrency market for the long haul is to invest in the aspects of the market that are fundamental to the existence of cryptocurrencies.

Here, we’re focusing on cryptocurrency mining — the transaction verification process that generates new coins and tokens. Many of the major cryptocurrencies including bitcoin, ethereum and litecoin depend on the mining process to exist. The logic is that if cryptocurrencies have a place in the digital world, then mining will always be around.

What miners do and why they’re important

Mining cryptocurrencies simply deal with the process of verifying cryptocurrency transactions and adding them to the public ledger. Recall that crypto transactions are peer-to-peer, which means there are no intermediaries. In order to maintain the integrity of the system and avoid double spending, which had been one of the things that the traditional banks do, miners serve as witnesses to transactions. To verify transactions, miners use a computer or a group of computers to solve a mathematical puzzle, called a cryptographic function, and they are rewarded with freshly generated cryptocurrency – the reward is what leads to the name mining. Miners can either sell the cryptocurrency rewards for fiat on exchanges or keep them as an investment to bet on an increase in the value of the cryptocurrency.

How to Invest In Cryptocurrency Mining

There are two primary ways to invest in the cryptocurrency mining business. You can either set up your own mining operation or investing in a mining business. If you have the technical expertise and time to start your own mining rig, as it’s commonly called, it could be profitable. However, for most people, the best option would be to invest in a mining business and one of the easiest ways to do this is to buy tokens during the ICO of a cryptocurrency mining company.

MoonLite is one such company. The MoonLite project is an industrial scale cryptocurrency mining operation focusing (initially, at least) on the mining of bitcoin, litecoin, and dash.

MoonLite is building its first data center (mining operation) in Iceland, which is the unofficial capital of world datacenters due to its inherent need for the heat energy that data centers could offer. The Moonlite datacenter will be running at roughly 14.6MW with 100 percent of the power coming from green sources. The mining company has been able to lock down a multi-year contract with a fixed energy cost with the Icelandic Power Producer at a huge discount to the local energy cost. It’s worth noting that Iceland already has one of the cheapest energy tariffs in the world.

In addition, MoonLite is taking ICO investing to another level with a profit-sharing scheme through a token buyback program. The project is designed to buy back tokens from holders who would like to cash in at the market price of the token at the time, along with the tokens’ share of the corporate profits, funded by 35 percent of the company’s profit on a prorated basis. This will not only be positive for token holders who cash in, the buyback scheme will also inherently increase the value of MoonLite tokens. That is because the company plans to “burn” every token it buys back.

Burning tokens simply mean that the company will take the tokens it buys completely out of circulation. This means (duplicate) that the value of the MoonLite project will be spread over a lesser number of tokens with each passing year. Most ICO investors have had to rely solely on the demand and supply spectrum of the tokens they buy to dictate the return they receive. Through its token buyback program, MoonLite adds an extra layer of comfort that is very attractive.

MoonLite plans to start its ICO on February 28 although it’s currently offering a presale, which will end before the start of the main ICO. Another unique thing about the MoonLite ICO is that, unlike many ICOs, MoonLite’s tokens confer voting rights on all of the company’s financial, HR and branding affairs through Secure.Vote.

That offers an extra layer of security and transparency that’s often missing in the ICO market.

To bring it all together, in a world that’s filled with over a thousand cryptocurrencies from which one is to decide which ones are worth an investment, it pays to look in the direction of companies like MoonLite who help bring cryptocurrencies to the market. Not only do MoonLite tokens offer the level of security that we’ve come to love about traditional stocks, the MoonLite Project operates in a space that is almost guaranteed to continue to grow, especially if cryptocurrencies are truly the future of money.

Website: https://www.moonlite.io/

Whitepaper: https://www.moonlite.io/wp-content/uploads/2017/11/Moonlite-Final-White-Paper.pdf

Presale and ICO: https://sale.moonlite.io/

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of Marco Verch via Flickr

Bitcoin

The rise of the crypto casinos

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In the hyper-competitive world of online casinos, operators are always looking for ways to stand out from the crowd. The most usual methods include using distinctive branding, offering generous bonuses and making sure that they are on all of the major so-called affiliate sites where players can compare and contrast casinos’ different offerings.

But now a whole new generation of casinos are starting to emerge – ones whose key difference isn’t what and how you play, but more in how you pay.

The rise and rise of the cryptocurrency casino is seen by many as the next logical step in a world that is slowly but surely starting to accept that Bitcoin, Ethereum, Ripple, et al. are certainly here to stay.

Of course, it’s the first of these cryptocurrencies that has really grabbed the headlines and led the way with its meteoric performance in 2017 when it seemed like its $20,000 value was just the start of the story. Admittedly, this was short-lived and the value quickly fell back to a more sustainable level but, if it achieved one thing, it was to cement this exciting new kind of currency in the consciousness of the general public.

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Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

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The Bitcoin Revolution: Everything You Need To Know To Take Profits

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Bitcoin is soaring high in the cryptomarket once again, and experts are expecting a return of the bullish trend of 2017. The current Bitcoin price is $7,615 as of 23 May 6:56 AM UTC. This significant jump comes just six months after the Bitcoin price plummeted to a low of $3150 in December 2018. Since then, Bitcoin has experienced steady growth and gain in the market. However, in the last 30 days, the Bitcoin price peaked to $8,320.82, its highest price ever. This phenomenal jump occurred in a span of only 10 days breaking the Bitcoin record so far of significant gains made in short time frames. This positive growth has led to experts forecasting the Bitcoin price to hit the $20,000 mark by the end of this year.

Since entering the market almost 11 years ago, Bitcoin is still at the top of the global cryptocurrencies list. The current circulating supply of Bitcoin is at unbelievable 17,708,875 BTC. The market trend of the Bitcoin price has remained positive even when the currency did not maintain an uptrend. Cryptocurrency researchers believe that Bitcoin has the potential to grow up to a high of USD 50,000 within the next two years.

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