COULDN’T TAKE ADVANTAGE OF THE INTERNET REVOLUTION? MAKE SOME BUCKS WITH CRYPTOCURRENCY!
One’s fascination starts upon hearing the word cryptocurrency. And it isn’t surprising since cryptocurrency is something that everybody claims to know about but nobody actually does.
Missed making a giant profit from the Internet Revolution? No worries! Cryptocurrency is here to help you build a fortune!
What is cryptocurrency?
It is a digital asset which exploits the cryptographic functions to carry out secure transactions and restrict or control the production of new units, backed by Blockchain technology to gain transparency, decentralization and immutability.
So, the term cryptocurrency is easy and clear in itself but its creation and value isn’t.
What makes cryptocurrency valuable?
One might be skeptical about the value and worth of cryptocurrency, but it is in fact very valuable. Its value is not controlled by any kind of bank or power but by a series of very complex, complicated and securely coded programs and algorithms.
It is the polar opposite of fiat currency, the currency we use on a day to day basis. It is the currency that is issued by the government, and its generation and value is based on the stability of the government.
What’s even more fascinating is the fact that unlike the fiat money, the quantity of cryptocurrency can’t be altered or created. This gives an exponential rise to the value of cryptocurrency making it way more valuable than fiat money.
What is mining?
Another painstaking, yet highly rewarding task is crypto currency mining. Mining is pretty simple for techies who love solving online challenges and hashing puzzles. Miners are extremely significant to the cryptocurrency industry, as they have potential, fool proof challenges to the “double spending” problem. With the first bitcoin being mined in the year 2009, the value and worth has only been on an upward spiral. If you own a computer system with a powerful graphics processing unit (GPU) and an application-specific integration circuit (ASIC), you’re well ahead of the others, on the road to being a crypto currency miner.
Conclusion
In conclusion, investing in cryptocurrency can open up doors to a potential gold mine. It may carry nice wealth, but it has its dangers too. But, there is no pleasure without pain, and making a fortune isn’t easy! Start your journey with e wallets like ESTBitex to get a head start to your crypto mining career, with safety, reliability, and security as an added assurance.
