Digital money? Can we even trust them? This is probably one of the greatest obstacle hindering the mass adoption of cryptocurrencies. Back in early 2000s, people were asking the same of e-commerce and online shopping sites. As the e-commerce industry matures, processes were put in place to ensure transactions are secure and trustworthy. Now, people shop online with a peace of mind and the growth has been unstoppable.
Cryptocurrency mining has been around for 10 years now. It has evolved from CPU to GPU and now ASIC (application-specific integrated circuit) mining. Below are the 10 things you should absolutely know before you power on your crypto mining rig.
First, you need to identify your target return on investment (ROI). Research various mine-able coins on mining ROI calculators (e.g. https://crypt0.zone/calculator, https://whattomine.com). You should input your equipment like NVIDIA GTX1070, AMD RX580 into the mining calculator to determine which coins give you the best profitability.
There are over 2000 cryptocurrencies in existence now. This article will be one of the multi-part series to get you started in the world of cryptocurrency! If you wish to find out how to purchase altcoins on exchanges, read on!
Everyone knows Bitcoin. It is digital gold in the world of cryptocurrency. The attributes of Bitcoin correlates to gold (the commodity). Both Bitcoin and gold has a limited supply and they are both difficult to mine. Similarly, major currencies like the USD, EUR and YEN trade against gold just like most cryptocurrencies trade against the BTC.
As such, all other…
Major cryptocurrencies like Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH) are gaining acceptance as a payment method among retailers. However, there is still a lot to be done to catch up with the availability of VISA and MASTERCARD. What if there is an easy way for you to spend your cryptocurrencies and altcoins at any merchant accepting VISA? Introducing the MCO VISA Card that allows you to spend cryptocurrencies NOW and EVERYWHERE!
Introducing the MCO VISA Card and Wallet App!
The MCO VISA card works like a normal debit / prepaid card. You have to deposit money (in fiat or…