Earning money by mining cryptocurrencies
Here you can starting with Cloud Mining Ethereum
This dream is followed by millions of people around the world. But the prerequisites for successful mining are increasing all the time – and now a new update has made the situation even more difficult for Miner.
Is ethereum mining at all worthwhile?
In principle, anyone with the required hardware and software can become part of the Ethereum Mining community. In the earliest times of the currency, solo mining was widespread, many users scoured over their private computer ethereum. However, the goal of finding the next block of the blockchain by trial-and-error was becoming increasingly difficult, because the searched hash – and thus the task to be solved for the computer – changes within a very short time.
To be able to solve the right task on your own PC in order to be able to add a new block to the blockchain and to be rewarded with Ethereum – also known as the proof-of-work process – is almost hopeless. Instead, Ethereum-Schürfer now operate in so-called rake networks and thus provide their private computing power to a larger community, which tries to resolve the problem together. This increases the chance of finding a successful block and thus successfully nurturing ethereum.
However, this method is also limited, as huge miners, often from the Asian region, have long since discovered the exploitation of cryptic ferments. In the face of massive computing power in mega-computer pools and thanks to much more favorable electricity prices, prospectors from the Far East are now dominating the market. This also entails risks that experts are constantly warning about.
Update makes digging even less lucrative
In addition to large organizations with access to massive computing power and favorable power sources, the latest Ethereum update also ensures that Ethereum mining is less and less worthwhile.
This week the rules for the network clients were changed. The first part of the so-called Metropol Update, which Ethereum is to lead into the future and to a new development stage, was named “Byzantium” and involves a series of adjustments. Miners, whose blocks the blockchain is successfully added, now receive only three ether tokens instead of five ether tokens. Since the probability of finding a valid block in Ethereum scoring and being rewarded with ether is not particularly high in any case, the incentive for ether mining is thus likely to fall further.
“Proof of stake” instead of “proof of work”
And this is precisely where the path from Ethereum will lead in the future: from pure mining to smartcontracts. In the future, users should no longer be allowed to enter a new data block into the blockchain if they found the right hash
The rumors from the Silicon Valley condense: Amazon would like Bitcoin to allow as a means of payment, it is said there. That would be a milestone for digital money. An appointment is already in the conversation.
Fintech circles in the American Silicon Valley now supported this speculation. Even if the date 26 October could not be held, the Bitcoin introduction is expected to be timely, it said. It would be a milestone, not just for Bitcoin, but for digital money as a whole
Allegedly, the world’s largest Internet trader wants to accept Amazon Bitcoin as a means of payment. According to media reports, Amazon could already announce this step already this week with submission of the quarterly figures. Amazon would thus be the first global company to adopt a crypt as a means of payment. And for Bitcoin another milestone. Amazon could create its own “currency”, in which bitcoins are changed according to established rules.
If this happens, other big US companies are going to be able to pay for it with bitcoins or other cryptos
What is Bitcoin Segwit2x?
Bitcoin Segwit2x is a proposed change which is intended to improve the speed and cost of Bitcoin transactions. If the upgrade is not universally accepted, it may temporarily create two Bitcoin blockchains via a fork of the Bitcoin network.
To learn more about forks, check out our blog post.
Are my funds currently on Coinbase safe?
Yes. Any funds on Coinbase before, during, and after the fork will be continue to be stored securely.
When exactly will the fork happen?
The Bitcoin Segwit2x fork will take place when block #494,784 is mined. This is projected to happen on November 16.
Will a new asset be created following the fork?
Yes. The result of the fork will be two different blockchains, which means there will be two distinct digital assets.
What will Coinbase call these two blockchains?
Following the fork, we will continue referring to the current bitcoin blockchain as Bitcoin with the symbol ‘BTC’. We will refer to the new blockchain resulting from the fork as Bitcoin2x with the symbol ‘B2X’.
If the Segwit2x change is accepted by most users, we may choose to rename these blockchains at a later date.
What action do I need to take? Do I need to withdraw my funds from Coinbase to have access to B2X?
No action is required on your part. All Coinbase users with a BTC balance at the time of the fork will automatically be credited with an equal balance of B2X.
What if my buy order was in progress during the fork?
You will only receive B2X for the amount of bitcoin present in your account at the time of the fork. Pending BTC purchases at the time of the fork will not be granted any B2X.
For example, if you buy 1 BTC on November 16 with a bank account, this purchase will likely be pending for 5 business days as we wait for your funds to be transferred from your bank. In this circumstance, you would receive your 1 BTC after the fork, but would not also be granted 1 B2X.
Will Coinbase be operating as normal during the fork?
We will disable buys, sells, sends, and receives for bitcoin approximately 8 hours before the fork. We will re-enable bitcoin services as soon as possible afterward.
Will I be able to buy/sell/send/receive both types of Bitcoin on Coinbase?
Coinbase will support buys, sells, sends, and receives for both BTC and B2X. Services for both chains may be disabled several hours before and 24-48 hours after the fork. We’ve posted a general timeline here, and plan on sharing more specific details as we get closer to the fork.
Is there replay protection built in to Bitcoin Segwit2x? Do I need to take any precautions before sending B2X from Coinbase?
Because Bitcoin and Bitcoin Segwit2x will have identical blockchains up until the point of the fork, it is possible to send the same transaction on one chain and then “replay” it on the other. This can lead to inadvertently sending both BTC and B2X funds at the same time. In order to prevent this, developers must implement a protection mechanism into their software which prevents replays from occurring.
Bitcoin Segwit2x does not have any built-in replay protection, but Coinbase has implemented our own replay protection system. You can safely send any BTC or B2X from Coinbase without worrying about replays on the other chain.
Here is the Article
October 13, 2017 – Kyiv, Ukraine — Token-as-a-Service (TaaS), the first-ever tokenized closed-end fund dedicated to blockchain assets, announces its strategic partnership with Hacken, Ukraine-based managing company for a cybersecurity ecosystem, focused on blockchain security.
In September, Hacken presented their platform at the world’s biggest ICO Pitch Competition at the 9th edition of the d10e Conference, was chosen among the top three, and won the prestigious award of 33 BTC.
Hacken is the first custom-tailored decentralized token for cybersecurity professionals. It is based on Ethereum platform.
Hacken Ecosystem is a community driven business organization created to nourish the connection between blockchain and cybersecurity communities, promote hacker ethics and encourage legitimate research of computer networks and software.
Our ecosystem will allow customers to acquire high quality penetration test services and vulnerabilities assessment for their products. The whole process, as well as our findings, are timestamped and published
to the blockchain-based HackenProof Vulnerabilities and Countermeasures Certificate, uniquely issued for each project.
The services will be provided by a community white hat hackers centered around HackIT — the major Eastern European cybersecurity conference conducted annually in Kharkiv, Ukraine
What is Hacken Ecosystem?
- Hacken Accelerator
This token sale will also enable us to create the community center for incubating and growing various cybersecurity projects imagined and developed by our community members. Participating startups are going to be selected by public board of cybersecurity and computer technology experts. The very first talents are going to be selected during HackIT 2017. We will sign option agreements with the teams that were selected by the public board. After the completion of acceleration program, we will execute our option, which should cover around 25% of the equity.
HackIT is an annual international forum on cybersecurity held in Kharkiv, Ukraine. The first HackIT Conference gathered 450 participants from two countries, the second had 650 participants from six countries. Besides the traditional speaking panels featuring local and international experts, HackIT runs a number of specialized cybersecurity competitions, which are free for everyone to participate. These are: HackIT Online CTF, Battle of Hackers, Cyberdetective OSINT Challenge and HackIT Cup. Please see our white paper for more details on each competition. The final of HackIT Cup 2017 will be held on board of the World’s biggest airplane Antonov-225 Mriya.
HackenProof is a bug bounty and penetration testing services marketplace platform created by white hat hackers and the blockchain community based on the principle of fair share. This is a place where the two communities can cooperate and support each other. HackenProof offers one of the highest levels of campaign flexibility that is currently available on the market. Campaigns can be ‘invite only’ or public. Client can select self managed or dedicated team leader approach to managing the campaign. On top of that, customer self-service portal allows running a number of wizards and bots to streamline the discovery of vulnerabilities.
Unreported Zero-Day Remuneration Platform
Hacken will support bright technology experts, by financially rewarding their original and previously undisclosed zero-day research. For this purpose we will create a remuneration fund that will specialize in acquiring unreported zero-day vulnerabilities. The plan is to invest a substantial amount of funds raised during this token sale in the research of regulatory and legislative framework in major jurisdictions, in particular — Europe. The ultimate goal is to create a transparent regulatory environment for our fund before it starts operations.
Cybersecurity Analytics Center
We are going to create a team of analysts, who will perform fundamental cybersecurity research, as well as monitor and audit existing and upcoming cybersecurity products. Our team will then provide outstaffed corporate cybersecurity research, expert clearance and independent research and comparison of these products. The primary areas of research for the Center team are: blockchain security, vulnerabilities and countermeasures; classification, comparison and market research of cybersecurity products; cryptography, secure communications and data.
- https://hacken.io Here are Infos about Hacken and the Token ICO
Kyiv, Ukraine – September 8, 2017 – Token-as-a-Service (TaaS), the first-ever tokenized closed-end fund dedicated to blockchain assets, announced its strategic partnership with and investment in easy-to-use smart contracts creator, Etherparty. TaaS has contributed a significant amount of ETH to purchase Etherparty FUEL in the pre-sale as part of the ongoing partnership which will see collaborative efforts between the two enterprises as the cryptocurrency and blockchain markets continue to expand.
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Kepler, eine cryptocurrency-Investitionsplattform ähnlich einem Bloomberg-Terminal, deckt das gesamte Spektrum des Investitionsprozesses ab, von Marktforschung, Due Diligence und Order Management bis hin zu Risikoexposition und Performance-Prognose. Kepler wird eine Reihe von Dienstleistungen für Krypto-Investoren anbieten, darunter Marktforschung, Analytik und Portfolio Management. Die Marktforschung umfasst ein Audit jeder Krypto-Währung und Token, einschließlich einer Messung seiner Wahrscheinlichkeit zum Erfolg, sowie ein umfangreicher Katalog von Nachrichtenartikeln, Blog-Posts und Meinungsstücken über den Blockchain-Raum. Als Teil der Analytik von Kepler wird TaaS quantitative Werkzeuge zur Verfügung stellen, die die Grundlagen und die technischen Vermögenswerte der digitalen Währungen untersuchen. Diese können Gehaltsgraphen, Preisperformance und Indizes, Volatilitätsmessung und Transaktionsvolumen beinhalten und sind so ausgelegt, dass sie den datengesteuerten Einblick in den Markt für KryptoWiderstand maximieren.
Kepler wird auch dazu beitragen, dass die Anleger individualisierte Ziele setzen und Risikobergrenzen und Leistungserwartungen definieren, um ihre Vermögenswerte zu verstehen. Die Plattform wird auch bei der Formulierung eines realistischen Zeitrahmens helfen, Investitionsziele zu erreichen und eine optimale Portfolioverteilung zu erreichen. Darüber hinaus untersucht Kepler die Liquidität der Vermögenswerte, um eine Reihe von Szenarien vorhersagen, von extremen Höhen zu Tiefen.