Should I Mine SmartCash SMART Or Ethereum Rating: 4,4/5 6993reviews

(Also, If You Can Share, It Shows You Care:) ▻Name Bazaar Site: ▻Official Smartcash Site.

Should I Mine SmartCash SMART Or Ethereum

The majority of digital coins that we know today were launched in 2014 when people started to see great potential in Bitcoin, although not risk-free as we witnessed a couple of days ago when major coins seemed to be crashing. But, SmartCash is one of the coins that originated 3 years later in 2017. The fact that SmartCash is one of the youngest digital currencies draws even more attention to this digital coin as it seems that SmartCash is progressing promptly, slowly over passing competition among small coins that are still holding under one dollar value even 2 or 3 years after being launched. Why is SmartCash progressing as fast and how does this digital currency work?

SmartCash and Smart Hive SmartCash, just like any other digital currency, is made to fit the blockchain technology that makes decentralization possible. SmartCash exists thanks to the thousands of different computers simultaneously working on keeping the blockchain nodes that support this currency alive. But there are lots of features that make SmartCash stand out from the crowd, which might be the answer to the way this almost new cryptocurrency is doing so well even in the hard times. One of many features that make SmartCash interesting for investors and holders is a smart and rewarding system where Smart Hive allows you to receive reward points for holding SmartCash in your wallet. The condition for receiving reward points is to keep at least 2500 SmartCash tokens in your Wallet.

In case you comply with this condition and manage to keep the minimal amount of 2500 coins in your wallet from 25 th of one month to the 25 th of the next month, you will receive the reward points. In case you are holding more than 2500 coins in the given period, your reward points grow with the amount of SmartCash coins you have in your wallet. Now, you might wonder: what am I going to use those smart points for? We’ve got the answer for that question as well. Apparently, SmartCash is learning on other currencies’ mistakes, so they established this reward system to encourage people to keep their SmartCash coins and avoid selling them off.

You surely remember the debacle revolving a massive selloff that occurred a couple of days ago – if the currencies that suffered massive decreases weren’t being sold in large amounts, the decrease wouldn’t have happened. So, SmartCash encourages people to hold onto their coins, that way building a secure and stable currency that relies on a strong community as a backup. So, there is something in it for developers as well. But since SmartCash is all about community, this reward system wasn’t made out of selfishness or to make profit, which leads us to the explanation of what Smart Hive is. SmartCash developers also developed a community platform called Smart Hive.

The original idea behind this type of community was to surpass traditional Core teams used in other crypto platforms and create a community that would work as a bee hive. That means that all holders and investors have a say in what happens to SmartCash. That is how we arrive to an explanation of what good Smart points are.

Each smart token counts as one vote in community called Smart Hive. In case there is a change being announced regarding the way SmartCash or Smart Hive is functioning, the entire community is then invited to vote through a system called Smart Voting. Each token represents one vote, so the more tokens you have, the more votes you are allowed to add to the voting poll, which is at the same time another great strategy posed by developers for keeping SmartCash stable. Simultaneously, they are also creating a strategy that enables community members to have a say in everything important, creating a real public value that is also sustainable – bee hive style. Another great feature being added in 2018 is Smart Pay technology which would enable all users to make fats transactions with faster performance than the one you have with using credit card or any other type of payment. Bitcoin or similar currencies don’t have the option for creating such prompt transactions as functionality is limited by its technology, so this feature should represent a breakthrough when it comes to how transactions are operating across blockchain nodes.

If SmartCash keeps up with the current development pace, this digital asset could soon become one of the big coins – currently rated at 55 th spot on the global coin ranking list, it is more than possible that this coin will soon join a more exclusive list, probably climbing the ladder of top ten. With the current step of growth, it is expected that this coin (if it continues with current success and stable status) will gain up to 500% increase during the next 5 to 6 months.

This is only a suggestion based on the previous performance this coin had where it came up for more than 500% during the period of August 2017 to January 2018. We will be updating our subscribers as soon as we know more. For the latest on SMART, sign up below! Disclaimer: This article should not be taken as, and is not intended to provide, investment advice.

Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of. AMP is leaving holders and investors around the globe severely disappointed as no one seemed to expect such a cruel drop in price. Although 2018 was announced as a year of cryptocurrencies, AMP appears to have no luck at all. AMP, the official token of Synereo platform is slowly decaying in price, but Synereo creators seem to have a backup plan that should help this token recover and get back on the track. Here is everything you need to know about AMP, Synereo and the announced novelties regarding this coin.

A little about Synereo Synereo is a decentralized platform based on blockchain technology with a focus on monetizing content. Synereo made that possible by using AMP as its official token to reward and monetize any original content published anywhere online. Needless to say that this case encouraged many content creators to start investing in AMP, also joining Synereo platform, the home of AMP. Based on blockchain and Economy Attention, the most significant success Synereo made is probably WildSpark. WildSpark is the first tool ever to be created by Synereo.

WildSpark works in the form of a meta-layer protocol located on blockchains and existing on top of content hubs and social media platforms. Its purpose is to monetize the original content in the form of rewarding both content creators and content curators. Rewards are given out in the form of AMP tokens, encouraging content creators to create more valuable and original content, while also helping people to share the generated content.

Synereo, hubs and social media platforms aren’t in any way presented as third parties in this program as all creators and curators are being rewarded without any of the mentioned parties taking a cut. So, basically, with this app, you can publish anything and anywhere on the internet and get paid for it in the form of receiving AMP tokens. What is going on and why is AMP price decreasing? The current price at which this token is being traded is 0.48$ per one coin. This is the final price from the last 24 hours in the time of writing, stated after the initial decrease of -10.44%.

How is it possible that AMP is falling so low with its price when just less than a month ago this currency announced a partnership with Changlly? This partnership enabled WildSpark community to get paid by “attention holders” with any currency they have, that way leading this strategy of monetizing content to a whole new level. But, it seems that this partnership wasn’t enough to keep AMP from dropping in price.

Beginning from mid-January, AMP started to fall radically, which led to the current trading price of 0.48$ this coin is being traded now. The reason for the fall is the confirmed case of having slow transactions within the blockchain of Synereo. That is why this startup coin decided to join a larger more stable network that would enable fats transactions – Ethereum. AMP and Ethereum The AMP and Synereo creators announced the merging of AMP with Ethereum. The initial joining should occur around June 2018, but the exact date is yet to be confirmed. WildSpark and the strategy of monetizing content are also being transferred to Ethereum, where AMP will appear as one of the supported tokens within the Ethereum network. That way, by joining Ethereum and its ecosystem, AMP users, holders and investors should no longer have problems with slow and pricey transactions.

The reason for having Synereo bugging in performance is the fact that WildSpark is getting more and more in popularity, consequently growing in members as well. To avoid “system overload,” Synereo, along with AMP and its holders, users, and investors will transfer its protocols to Ethereum. Within the Ethereum ecosystem, AMP would be used for transactions and exchanges while the users would be allowed to take advantage of smart contracts and all features that come with Ethereum. After the announced merge, AMP should be able to get back on the track with a better performance which should result in having its price increasing instead of rapidly decreasing as it is the case right now. We will be updating our subscribers as soon as we know more.

For the latest on AMP, sign up below! Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover.

Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of. Ranked at 167 th place on the global coin ranking list, ION didn’t strike as a coin that could potentially grow large overnight.

But, looking at the latest change in its price and being traded at its all-time high on all major exchange markets, we can’t miss mentioning how well Ion is doing, especially these days. For those who are not informed in detail about the idea behind Ion and Ionomy, here’s everything you need to know about this coin. Influenced by Bitcoin and Blockchain technology, Ion was launched in May 2015 when it was presented as a proof-of-stake decentralized ecosystem. The main idea behind Ion and Ionomy is gaming industry, games and digital values and goods. So, anyone interested in this coin might as well be interested in games and gaming apps.

Inspired by Bitcoin, but still addressing its flaws, ION creators have chosen proof-of-stake as a great alternative to proof-of-work – the protocol Bitcoin is using. The main reason for choosing proof-of-stake is the fact that this protocol is consuming less energy, that way providing an economic ecosystem with enabled decentralization. ION is also working on the hash algorithm, which is a key within a public key. Let’s say that our original data information is represented by a certain number.

That number would be shown in a different form when gone through the hash algorithm, providing a value that is non-recognizable. That is how ION is keeping transactions within their blockchain ecosystem, private and untraceable, which isn’t the case with Bitcoin where all information can be acquired as all info is being saved on the central blockchain. Metaverse ETP ETP Mining Power Consumption. This protocol is functional because it takes a multiplier that is unknown, merged with the original value that gives a whole different value when translated through a hash algorithm.

But, what makes ION attractive to most users and holders who are not following up with technicalities like protocols and algorithms is the fact that ION is promoting the gaming industry, launching games, and apps and creating reward programs and competitions for gamers around the globe. Earth to Moon Around mid-December 2017, ION developers launched a beta version of a game called “The Moon or Burst.” The game is relatively addictive for anyone who likes mini-games available for Android and iOS. The game launched by Ion is also available for Android and iOS so anyone who is a part of the community can download the game as of 26 th of January. The most exciting thing about this game is navigating from Earth to the Moon while avoiding threats like black holes and other aircraft. Apparently, there was a tournament organized in the spirit of launching a public version of this game. Anyone could apply and play as of 26 th of January. The winner of the competition was announced only three days after the beginning of the tournament and awarded 5000$ in the form of ION tokens.

This is, without any second thoughts, an amazing reward and an easy way to get “some” ION tokens. But, at the same time, the launching of the game can be interpreted as an amazingly clever strategy to get more investors to chip in and buy ION before the release of the game. This presumption is proven to be true as after having announced the launching of the game on January 26th.

The price of ION went up for amazing 51%, which led to a price of 5.94$ per one coin. Where is ION at Right Now? After the Earth to Moon tournament has come to an end, it seems that some disappointed competitors didn’t get their hands on the 5k prize and decided to sell their ION tokens. The price fell below the original 5.94$ per one coin. Jokes on the side, whatever the reason for the decrease although this coin was trading at an all-time high across all major exchanges, Ion got back on the track with the newest increase only a day after the initial decrease. In the last 24 hours, the volume of trading in Ion tokens increased, which resulted in a 7% rise in ION’s price. Currently, this coin is trading at 5.36$ with a market capitalization of 103 million dollars.

In case Ion would continue at the current pace when it comes to increases, this coin could quickly reach the price of 10$ within a few weeks. Given the fact that Ion developers are focused on all aspects that make one digital currency a potentially safe investment, it seems that this coin will have a bright future.

And, by creating a decentralized ecosystem with a focus on the gaming industry and rewarding strategies with safe and secure protocols, Ionomy is undoubtedly growing towards becoming a robust decentralized community. So, the last call for buying Ion at its lowest based on the current performance of this coin is probably now or never.

We will be updating our subscribers as soon as we know more. For the latest on ION, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of.

Although Aelf (ELF) is on large trading platforms such as Bitfinex and Binance, this digital coin had its glory stolen by other popular cryptocurrencies stealing its spotlight the most of 2017. But, with the arrival of a new year, there came new solutions, and that is when we heard about ELF again. But, as ELF has new solutions upcoming as well, in the form of a private sale organized to sell as much of this token as possible, we are witnessing a change in trending on behalf of this digital coin. To keep up with this digital token, we first need to explain what ELF exactly is and which idea it represents. ELF or Aelf is a digital coin launched and created to serve a decentralized platform which would allow utilization of Blockchain in the physical world of business.

That means that developers behind this token have the idea of increasing scalability within blockchain technology so that the current model of business doing could be modified and improved. To solve the problem of scalability within blockchain technology, the developers have concluded that the best option for reaching their goal would be to create a blockchain ecosystem that would be decentralized but working in a similar way operative systems like Linux do. That is how ELF token is planning on running its platform, Aelf, based on nodes that would be organized in clusters. To put this simply, Aelf would be running on nodes that would allow transactions within different groups. So, while there would be transactions being processed in one group, other groups would be able to simultaneously perform different transactions within their network, but unrelated to other groups. The idea behind this type of system is to ensure that the groups for transactions are organized by similar “interests.” That means that different businesses would be organized in different groups, that way creating a well-organized ecosystem that would enable easy business doing and turn-key solutions.

So, Aelf has the main goal to become a blockchain decentralized platform that would meet business and mainstream institution needs with each smart contract running on its own network in the form of nodes, which would at the same time solve the scalability issue most platforms have. The Goal and the Aelf Team The goal of this project is to revolutionize the way people are doing business today, but at the same time, creators of this platform are looking into efficiency and security problems that have to be solved. In that spirit, each smart contract and each transaction group will run on separate chains, that way posing a new business model and revolutionizing several mainstream markets. The idea is to accept any type of business and create a versatile community that will be able to obtain a self-sufficient status. Think about it as a reality within a reality where virtual world is actually connected to the physical world.

The result would be simplified business ventures, safe and fast transactions and low fees. The ecosystem supported by this token should take on the announced novelties pretty soon, potentially creating an incentive business ecosystem that would be ready for several business types, models, and scenarios with a turn-key solution. To make this project more desirable and boost ELF sales, the team has organized a private sale where they managed to collect 55.000 ETH on behalf of ELF token, that way boosting the price of this coin along the way. Another project with the idea of promoting ELF was recently launched when the team behind this coin invited people to join a project called Azeroth. The launched project is supposed to reward anyone who applies and registers with free ELF tokens in a way known only to the registered parties that are participating in this project.

All these projects, including the private sale, probably represent a way of making this no longer forgotten coin, well remembered and running across mainstream waters. It seems that this strategy is working pretty well as ELF is experiencing increases in price, leading from the original major increase in 2018 that happened on January 18 th when a whole lot of different tokens were actually suffering from major decreases. And, on January 26 th, ELF had another jump marked at 21% of increased price thanks to the launching of Azeroth, a free rewarding program. Look for the team behind ELF to have all the announced changes implemented into a functional community. Once implemented, the price will most certainly rise.

We will be updating our subscribers as soon as we know more. For the latest on, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover.

Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of.

Is a guide you may find useful: • Download Ethereum Software • Setup Ethereum Software • Download Mining Software • Setup Mining Software • Mine Step 1: Download Geth The first thing you need to do is go to this link download. (The latest version is always available as Geth-Win64-latest.zip) Geth is the program that communicates with the Ethereum Network and acts as the a relay between your computer, its hardware and the rest of the ethereum network computers so if a block is mined by another computer your Geth program will pick it up and then pass on the new information onto your GPU or CPU for mining. Step 2: Unzip GETH You need to unzip the GETH file and move it to a location on your hard drive. (Right click on the zipped file and select unpack.) In this case we'll move it to the hard drive, usually (C:) - which will make the next step easier.

All you need to do is copy the file you have downloaded and unzipped and move it to the hard drive folder. Step 3: Start Command Prompt Now you need to run the program you just downloaded. To do this you need to run Command Prompt. You can do this by searching in the search function in Windows for 'CMD' and then clicking on it when it shows up.

Step 4: cd Into Root Directory Command Prompt is now open. (It can look terrifying to people who aren't familiar with it!) The Command Prompt box usually has C: Users Username>showing in it - where Username is your username - so if you log into your computer with the username cryptocompare, then the command prompt box will open with: C: Users cryptocompare You need to tell the computer to look in another place. Into the newly opened command prompt, type: cd / You should now see: C: >You have just used the cd command or 'change directory' command to make command prompt look at the C:/ drive. Step 5: Create Geth Account You need to tell your Geth program to create a new account.

As you have installed it in your user directory in Step 2, it is just a simple case of typing in: geth account new and then pressing return/enter. It should look like this: C: >geth account new Step 6: Create Password After hitting the enter button in Step 5, you will be asked to enter a password. You will not be able to see what you are typing in, so type it carefully. This is the password that locks your account and keeps your Private key safe. If you lose this password, you will lose all your Ether attached to the wallet held by that Private key! Once you have entered your password, and confirmed it by entering it a second time, you will have created a new account.

Congratulations, your about a third of the way there! Step 7: Connect to Ethereum You need to tell your Geth Program to start communicating with the rest of the Ethereum network.

You do this by typing: geth --rpc This should look like: C: >geth --rpc Press enter, and the screen should start downloading the blockchain for Ethereum. At this point, you are synchronising with the rest of the Ethereum network. Sometimes your fire wall can block this process. If so, just click 'Allow access.' MINING Step 8: Download Mining Software Now you need to download Ethminer, which makes your GPU or CPU run the hashing algorithm that is integral to securing the Ethereum??network through proof of work.?? You can download this.

(Be sure to scroll down to the bottom of the page to get the right version. The latest and most up to date one is right at the end.) Step 9: Install Mining Software Click on the downloaded file and select 'Install'. Your firewall can cause issues, but just click 'Allow', if the firewall announces that a connection to the Internet has been blocked. The same is true if Windows doesn't recognise or approve the software. Tell windows it is OK, if asked. Click through the installation process, until Ethminer is installed.

Step 10: Start Command Prompt You need to open up another command prompt, as in step 4. You are going to see two scary looking boxes! Simply right click on your already opened command prompt, in the taskbar at the bottom of the page,and click on the command prompt in the menu that appears. A new command prompt should open, showing: C: users username This is the wrong place to look for etherminer, so you need to tell it the right place to find it. Step 11: Navigate to Etherminer directory Into the newly opened command prompt, type: cd / It should look like this: C: users username>cd / Then tap 'Enter'. You should now see: C: >You have just used the cd command, or 'change directory' command, to make the command prompt look at the C:/ drive, not your user file.

Can You Actually Make Money From Bitcoin Gold BTG Mining. Step 12: cd Into 'Program Files' Type in: cd prog Then tap the Tab. This should look like this: C: >cd prog Then tap Tab, which will automatically complete the phrase for the closest fit, found in the C: drive, just like autotext does on your iPhone. After tapping Tab, you should see: C:/>cd 'Program Files' Tap 'Enter', which should give you a new line saying: C: Program Files>Step 13: cd Into Ethereum Folder Type in: cd eth and then tap Tab, and then Enter. This will take you into the newly installed Ethereum Mining software folder. It should look like this, after tapping Tab: C: Program Files>cd 'Ethereum (++) 0.9.39 (Perhaps the version numbers a the end will differ.) Tapping Enter should give you: C: Program Files Ethereum (++) 0.9.39>This will look slightly different depending on the version!

Step 14: cd Into Release Folder Type in: cd release and tap 'Enter'. This should give you the line as follows: C: Program Files Ethereum (++) 0.9.39 Release>Step 15: GPU mining Type in: ethminer -G and tap 'Enter', and you should then start mining with your GPU (the best way), after building a DAG file, which can take around ten minutes.

There can be problems at this point. For example: • Insufficient Memory The program might say that you have insufficient memory on your Graphics card to mine Ether, with Ethereum's Ethash algorithm. If this is the case, you can still mine with your CPU, or go out and buy a new graphics card! If you get an error message like this, tap Ctrl+ c, to cancel the process. Then you can either retry it, or alternatively, move onto step 16, and mine with your CPU, rather than your GPU.

Step 16 CPU mining Type in: ethminer and tap Enter, and you will start mining with your CPU. Again, you will need to create a DAG file, the first time you do this, which can take some time.

But after that is complete, your 'Geth' program downloaded in step 1 should start talking to your 'ethminer' program, and you should start mining! Please note if the above doesn't work.

The real fun part starts - debugging =/ Good luck!