Forum Posts

• Isabella Aria

  • 11 posts
  Posted in the topic Best Cryptocurrencies to Invest this Year in the forum Technology

  September 17, 2020 8:10 AM EDT

  cryptocurrencies to invest in. With the assortment of cryptos ever increasing, we are here to answer the question, “What are the best cryptocurrencies to invest in 2020”. But before we look into the list, let us have a quick glance at why they are good investments in the first place.

  
  

• Isabella Aria

  • 11 posts
  Posted in the topic Is Bitcoin mining fruitful? in the forum Technology

  September 15, 2020 9:41 AM EDT

  Nowadays, the Bitcoin mining operations are dominating the digital space. In this article, we clarify whether Bitcoin mining is worthwhile or not?

  

  Generally, Bitcoin mining can be a tricky thing to determine if it is completely safe in the digital world and if it is cost-effective? 

  Bitcoin mining is a method of earning Bitcoins in exchange for validating bitcoin transactions. Even though these transactions are high secured they need to be validated and through which in return miners earn bitcoins. 

  Many individual miners ask themselves, is bitcoin mining still profitable?

  This question arises mainly because of the change in technologies, shifting prices of Bitcoins, and much more. 

  Many factors determine whether bitcoin mining is a profitable business or not. Factors include the availability and price of the computer system, the cost of electricity to power the system, and the complexity in providing the service. 

  The current state of bitcoin mining

  Bitcoin mining operates with thousands of ASICs under one roof.  These operations benefit both the economic as well as the financial scale. 

  As per research, the Bitcoin Hashrate has not reached its all-time high from March 2020. Perhaps this is due to the pandemic crisis. However, this won’t last for a longer period, and at some point, the Hashrate will break the old records. 

  Hashrate is a measure of a miner’s computational power. Simply put, it is a computational arms race where the organization or individuals with the most  Hashrate will be able to mine the most bitcoins.

  If there is a high Hashrate, it is more difficult to profit from mining. If there is a high Hashrate, there will be more miners, which means you will earn less by mining. So it is essential to consider the Hashrate before you start mining. 

  Is Bitcoin mining profitable? 

  The short answer is yes, but thinking of financial investment, perhaps not! 

  From the financial point of view, you need electricity, strong technical understanding to optimize your ASICs’ operation, and, most importantly, plain luck. 

  If people are interested in mining, a tool like bitcoin mining profitability calculator can help the user decide whether the mining is worth it or not. 

  The main consideration while running a cost-benefit analysis is that the Bitcoin ASIC will allow the user to mine different coins, including BTC, BCH, BCHSV, etc. This allows the user to swap between networks to leverage opportunities.

  So mining bitcoin is usually the most profitable opportunity that one could think of, and you should not count on a financial windfall from mining other coins. 

  Wondering where to mine bitcoins?

  Surprisingly, bitcoin mining can also be done with P2P crypto exchange platform and if you are worried about finding a P2P exchange platform, well you are at the right spot! 

  Blockchain Firm offers you a P2P crypto exchange platform with avant-garde features that helps you to mine bitcoins in a hassle-free manner. 

  Bottom line

  Probably the best idea is to make mining a hobby. Bitcoin mining is perhaps profitable, perhaps not, but the experience you gain is the real work. Just stock up some bitcoins for the future when a new bull market begins, and you can benefit from the rising price. 

• Isabella Aria

  • 11 posts
  Posted in the topic Best White Label Cryptocurrency Exchange Software in the forum Services

  August 20, 2020 6:35 AM EDT

  Best white label cryptocurrency exchange software ensures a quick and easy exchange of cryptocurrency by minimizing the arduous steps involved in traditional exchanges. Their popularity is advancing at a breakneck pace. In recent years we observe a variety of industries advocating the use of ready-made crypto software in their operations to enhance productivity.

  White-label exchange software is a ready-made cryptocurrency exchange website that comes completely packed. They are packed with features and does not require any alterations. Users can directly assume ownership and begin working with it. A ready-made exchange platform’s cost-effective design and simplicity in operation are vital features.

  Primary benefits offered:

  Easy Branding:

  White label solutions are fully integrated, and be deployed for effective utilization right off the bat. They are quick and easy to implement, which eliminates the time required for design, development, and deployment after multiple stages of testing.

  Cost-Effective:

  Organizations benefit from saving financial and human assets that contribute to organizing a team, identifying a unique design, develop the application from scratch and then put it through multiple stages of testing.

  Customer-Friendly platforms:

  Customers are offered a simple and clear way of reaching the platform. Once deployed, organizations can tend to customers’ needs with a completely packed application that caters to their requirements.

  Visit Blockchain Firm to buy the best white label cryptocurrency Exchange Software on the marker to your suiting.

• Isabella Aria

  • 11 posts
  Posted in the topic White - label Crypto Exchange Software in the forum Off-Topic Discussions

  August 7, 2020 9:31 AM EDT

  Let's have an Explanation About White-Label Cryptocurrency Exchange Software

  Setting up Crypto exchange software needs an enormous amount of potential work. However, competition among the traders is intensifying as the number of Crypto exchanges manifold. 

   As the cryptocurrency is skyrocketing in the digital market, it also proved how important it is to own a crypto exchange platform that has to be an option chosen by all the crypto-traders.

  To get into action quickly and set up a crypto exchange platform with all the functionality, users can either develop it from scratch or buy a white-label platform that allows you to start your trading business in a matter of days.

  A short script on white label cryptocurrency exchange software

  White-label Crypto exchange is a software that a company sells to another organization for further development. The organization that wants a white label solution has the ability to change the logo, brand, design, and ideas as per their liking.

  The organization that holds the Best white-label Cryptocurrency exchange software does not need any technical resources to handle it. The software is already developed and tested in various scenarios.

  The extreme software also offers several benefits to the user when compared to the other versions of the exchange platform. 

  1.  It saves an adequate amount of time and money
  2.  The software is developed and pre-tested. Hence it has zero flaws
  3.  It terminates the need for technical experts
  4.  It offers wide customization range

  Key features of a white label cryptocurrency exchange 

  1.  System of KYC and AML verification
  2.  Admin console
  3. Block confirmation tracking
  4. Document management
  5.  Wallet management system and much more

   

   

   

   

   
• Isabella Aria

  • 11 posts
  Posted in the topic CRYPTOCURRENCY GUIDANCE - An Insight in the forum Technology

  August 7, 2020 8:15 AM EDT

  • Many businesses and entrepreneurs globally are moving towards the realm of cryptocurrencies to gain huge profits. This made many individuals and entrepreneurs invest money in building their own exchange platforms.

  • Many investors started to invest in cryptos and perform active trading by utilizing a cryptocurrency exchange platform to earn a huge profit.

  Now let us deep-dive into the topic in knowing a few main aspects that need to be considered while choosing the best cryptocurrency exchange development company.

  Security and Authenticity

  • It is necessary to do research before choosing a legitimate and secure platform. The exchange provider company is responsible for preventing your exchange from online hacking attacks.

  • The investor must look into the exchange security protocol. The exchange provider should render you the basic security features like two-factor authentication, push message, alert message, and much more.

   Distinct feature Integration

  • The exchange provider should integrate all the special and advanced features for customers. Here is some list of features that you need to pay attention to developing your exchange platform

  1. It should provide Escrow service for peer-to-peer
  2. Smart contracts powered for decentralized trading
  3. Advanced UI/UX
  4. It should possess a multiple payment gateways
  5. It should allow Margin trading
  6. It support 2000 + cryptocurrency

   Integration of Cryptocurrency Wallet

  • The crucial part of your exchange platform is to have a rigid wallet. The crypto wallet sends, receive, and store all your cryptocurrencies.
  • There are different types of wallet hot wallet, cold wallet, and paper wallets. Here are Some basic security features that have to be integrated into your wallet development.
  • Two-factor authentication
  • Biometric Authentication
  • Encrypted private key
  • Trusted wallet codes

  Final thoughts

  It is vital to consider the best features while choosing a cryptocurrency exchange development company. Overall, try to act wiser in selecting the best of all your choices and think about how you can spot the exchange platform that will be safe for you now and for the most prolonged period.