MittenMachen Miner

MittenMachen Miner

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Advantages and Disadvantages of Ethereum

Advantages and Disadvantages of Ethereum

The cryptocurrency appeared on the market back in 2015. Etherium soon gained the reputation as one of the most reputable tokens on the market. Ethereum blockchain projects have advantages and disadvantages. It is important for every investor to understand well what are pros and cons […]

What is mining?

What is mining?

Cryptocurrency is one of the recent developments on the financial market. Cryptocurrency is the currency that is easy to develop. Blockchain technology helps to generate digital money. One of the most efficient ways to earn additional digital money is to mine it. Mining is a […]

Three reasons why it is better to invest in Ethereum than in Bitcoin

Three reasons why it is better to invest in Ethereum than in Bitcoin

Investing in cryptocurrency is a tendency of today. The market of cryptocurrency grows continuously. New tokens appear constantly.

The nature of digital money permits to generate them. There is no banking institution that can control issuance of new cryptocurrency. Though, very often cryptomonye lose in value significantly. The best crypto money to invest in today is Bitcoins and Ethereum.

Why it is better to invest in ETH

Bitcoins and Ethereum are ones of the strongest cryptocurrencies of today. Investors therefore prefer to invest in this digital money. However, making investment in ETH is not exactly the same as investing in BIT. Here are reasons why its is better to put money in ETH:

  • ETH is very unusual type of cryptocurrency. It is a digital currency project that has its own roadmap. There is a concrete development plan to promote Ethereum on the financial market. Therefore, Ethereum will hardly die.
  • Strong platform. Each type of digital currency can be mined using special software. In order to mine Ethereum Augur blockchain was developed. Today it is one of the most innovative platforms. It is technically stronger than Bitcoin mining platform.
  • Proof of stake acceptance mechanism. It is a another huge benefit of Ethereum. The classic Proof of work formula of transactions acceptance will not work any more for Ethereum. The system will be switched to Proof of stake.

These are the reasons why ETH is considered to be the most innovative and solid cryptocurrency of today. Stakeholders believe that Bitcoins can soon disappear, while ETH will continue to gain popularity.

Why investors believe in ETH project

It is important to understand that Ethereum is a cryptocurrency that is on the market for long. It is second most reliable cryptocurrency of today. Here are some other reasons why investors believe that IT will lead the future:

  • It is a decentralised system. It means that ETH blockchain allows other products and services to be build up in the system. Therefore, it enables the system to grow tremendously.
  • It has a strong support from the business community. Stakeholders believe in this digital money. It means that businesses continue to give ideas on how to innovate the METH project. Stakeholders want it to remain on the market.
  • ETH system is very multifunctional. It aims not only to mine ETH, but offers a complete package of services. It is possible to conclude smart contracts with the help of the system. There is no need to use a separate program for that.
  • There are no third parties who have to approve the transactions. It is also very important feature. The less parties are involved the better.

These are the reasons why ETH project is a leading cryptocurrency project of today.

Best Bitcoin Gambling Site To Choose: Mbit Casino Or FortuneJack Casino

Best Bitcoin Gambling Site To Choose: Mbit Casino Or FortuneJack Casino

Today, gamblers have an opportunity to play on the best bitcoin gambling sites. These are the most innovative websites. They accept cryptocurrency as the deposit. In the majority of cases players can put their deposit in Bitcoins. However, there are best bitcoin gambling websites that […]

How popular cryptocurrencies are in the US

How popular cryptocurrencies are in the US

Investing in cryptocurrency today is popular. Crypto money was invented back in 2009. Since then it started to conquer global financial markets. Cryptocurrency allowed many people to earn a fortune. However, not all people in the US firmly believe in cryptocurrency investment. There are many […]