Crypto Mining Mastermind

At the request of our readers we are looking at forming a small, virtual crypto mining group. 

This will most likely be by invitation only, with members being accepted based on their level of experience and specific areas of interest. It will also be limited to 8-12 members initially.

This will ensure that the conversation is focused on things that people will get most value from, and that people’s voices will be heard.

We envisage that the group will include:

  • Fortnightly call to discuss all things crypto
    • Rough agenda agreed with participants beforehand
    • Occasional guest / expert speakers
    • Typed up minutes from the meetings shared afterwards
  • Access to closed Facebook group for ongoing conversations

We are still in the planning stages and would very much appreciate your input on what this group could look like.

If this sounds like it could be of interest to you and you’d like to be kept in the loop as the group evolves, please register your interest using the form on our contact page, with “Mastermind” as the subject.


Monero Exchange – Top 3 Places to Buy Monero (XMR)

Monero is a cryptocurrency launched in 2014 that has become extremely popular amongst users who wish to keep the details of their transaction private as well as with miners who do not want to compete with the ASIC miners of the likes of Bitcoin.

Monero mining (or XMR mining) is easy and affordable and can be done solo, with a monero mining pool or via a cloud mining provider.

This article is for investors who do not want to go through the hassle of mining but are interested in buying and trading in the currency on a Monero exchange.

How to buy Monero

Monero is being hailed by some as one as one of the cryptocurrency investments for 2018. The fast-rising popularity of this coin has see its value grow exponentially over the last four years, in particular in 2017 when it was listed on one of the major Korean exchanges.  Buying Monero is simple, you need to:

  1. Find an exchange that trades in Monero
  2. Get yourself verified
  3. Download a Monero wallet
  4. Buy your coins

Monero Exchange

The following exchanges are trading in Monero and are recommended on the official Monero site ( Due to the anonymity of Monero, you will receive an id with which to trade.

  • Poloniex ( trades in almost all cryptocurrencies available, including XMR.  Fees are charged to Makers (those who have orders on the books before the trade) and Takers (those who place an order to match the Makers orders and effectively take it) depending on the size of the transactions. Fees are calculated on the average trading over the last 30 days.  Deposits are stored offline and the site is monitored and audited 24 hours a day for suspicious behaviour to keep hackers out. Poloniex claims to be the most active digital exchange in operation. They exchange however does not have a mobile app for trading.
  • Shapeshift (, allows you to buy currencies with your credit card as well as exchanging one cryptocurrency for another. Unlike other exchanges, you do not need to create an account to trade on Shapeshift and the funds are transferred directly into your wallet.  Shapeshift advertises that there are no fees for trading on their platform and the exchange rate you see is the rate you get, however they do deduct a “miner fee”. Shapeshift also offers exchanges on Monero, Bitcoin and other altcoins. Shapeshift offers a mobile App.
  • Bithumb ( is one of the largest exchanges based on trading volume. Based in Korea, Bithumb offers an extra service know as Bithumb Cash, which is a wallet that can be loaded on your mobile device and offers instant trading and makes trading faster and easier.

The above list is only a small percentage of the exchanges that can be used for buying and trading in XMR and are amongst the biggest and most popular. It is advisable to investigate the exchange before you start trading as the there have been reports of hacked exchanges and unverified transactions that can cause loss of your investment.  Happy trading!

Monero Cloud Mining

Monero or XMR, the cryptocurrency that focuses on privacy, has gained a lot of popularity since its launch in 2014.

Check out our previous article on “what is monero” for more background on this topic.

Monero is an easy coin to mine for, as XMR mining can be profitable using a basic home computer with CPU’s or GPU’s or a combination of the two and low electricity consumption compared to some of the other coins. This article however will focus on XMR cloud mining, where you don’t need to build your own hardware.

Once you have decided that mining for XMR is a viable option for you, you can look at mining solo, where you have to supply all the power and resources to solve the blocks and then reap the entire reward yourself, or join one of the many xmr mining pools where you combine resources with other miners and share the rewards with them. Mining pools are generally more popular than solo-mining and achieve better rewards for miners.

Monero Cloud Mining

Al alternative to building your own rig and supplying your own electricity is to look at cloud mining.  Cloud mining is not the same as pool mining. Pool mining combines the resources of individual miners, while cloud mining is where an organisation hosts and supplies the hardware, software and other resources needed for mining at a monthly cost and the pools the resources to maximise the effect of mining.

In other words, leasing your mining power instead of owning it and having it housed at a remote location. The advantages of cloud mining over owning your own rig is that your costs are managed and predictable, in particular when it comes to electricity consumption costs, the risk of hardware failure is smaller and if the hardware fails, the company hosting the rig is responsible for the repairs.

The chances of an interruption of service is reduced as there will be greater redundancy built in than what you will have at home and you are up and running as soon as you sign your contact, there are no delays as there would be when you build your own rig.

As with all decisions around mining, it is important to look at the return on your investment before choosing your mining option.

If Monero cloud mining is a viable option for you, here are some of cloud providers that offer Monero Hardware:

  • Mining Rig Rentals ( In existence since 2014 and based in the USA, Mining Rig offers a hardware for a vast range of mining rigs. Registration and sign up can be done online and pools can be selected for free. Compared to other providers their costs are slightly high but the chances of fraud are low.
  • Genesis Mining ( is based in Hong Kong with a presence in Iceland and has been operational since 2013. You can switch from one currency to another immediately and mine what is most profitable at that moment.  Online signup is also available. The risk of fraud is low and the stability high , but they have been criticised for slow customer support.
  • EOBOT (, based in Los Angeles since 2013 has very high maintenance fees but has more than 1.8 million users of their services and offers rigs for almost any kind of cryptocurrency mining. Sign up online and if owning a full “cloud” is too expensive for you, fractions of clouds can be purchased.

Cloud mining is a simple and predictable way to manage your mining, without you needing the knowledge of building rigs and maintaining them. The cost of cloud mining, while predictable, is slightly higher than when you solo-mine or join a mining pool using your own resources, as you pay for the convenience and expertise of the service provider.

XMR Mining Pools (5 Best Pools for Mining Monero)

Mining for the cryptocoin Monero (XMR) is profitable and easy and can be done with your standard CPU or GPU and on a laptop or computer with almost any operating system. For this reason, XMR mining has become increasingly popular over the last few months.

To learn more about Monero the cryptocurrency, please refer to our previous article, “What is Monero?”.

One the ways to increase your profitability when mining for Monero, or any cryptocurrency is to join a mining pool. By joining a mining pool you will combine your Monero mining hardware resources with other miners and increase the solve rate of blocks.  In this article we are going to look at the various Monero mining pools available and what they have to offer.

XMR Mining Pools

Mining pools can focus on a single currency or give miners the option to choose from various currencies in a single pool.

Some of the more popular mining pools for XMR include:

  • Support XMR ( This pool mines for Monero only. Payments are based on the PPLNS reward system and payments are made every two hours. More than 10 000 miners are currently connected to the pool and there is constant development to improve the statistics and dashboards.
  • XMR ( is another mining pool that focuses on XMR mining only.  Smaller than Support XMR, the pool has just over 800 active miners. Payments are also calculated on the PPLNS reward system and the servers are distributed globally ensuring high uptime of the pool.
  • Nanopool ( is one of the bigger mining pools currently available and offers miners the ability to mine for a wide variety of different coins, Monero being one of them. There are about 6500 XMR miners active on Nanopool and the fee charge is 1% for belonging to the pool. PPLNS reward system is also used and coins earned can be exchanged for other crypto-coins in the pool. Nanopool is a well established pool with more than 100 000 miners across the different currencies, have good statistics and offer useful tools to help new and experienced miners.
  • Monero Hash is a US based mining pool focused on the mining of XMR coins only. ( With about 2500 miners active in the pool, a block is found on average every four hours. The fee for the pool is 1.6% (quite high compared to the other Monero mining pools) and also offers coin exchange options (to Bitcoin and US Dollars)
  • Mine XMR ( is the most popular XMR mining pool with more than 25 000 active miners. A block is found on average every 45 minutes and servers are also located across the globe to ensure stability and uptime. MineXMR also calculates rewards on the PPLNS reward system and charges miners a 1% fee.

The use of mining pools to increase profitability has grown considerably amongst miners, as the rate of return on your investment is far better. Solo miners find it hard to compete for blocks against the combined hashrate power of the mining pools and building and operating a rig that can compete on this level is not economically viable for most.

The pools listed here are just some of those available to XMR miners, for a more complete list, visit

Monero Mining Hardware

Monero (XMR) is one of the more recent cryptocurrencies that has gained popularity due to its focus on maintaining the privacy of the parties involved in the transaction as well as the true value of the transaction.

If you still find yourself asking “what is Monero” check out the previous articles in this series.

XMR Mining is very popular as it requires a standard PC with CPU or Graphics cards (or a combination of the two) and does not require massive amounts of electricity consumption to be successful. This article will focus on the monero mining hardware you’ll need to get started.

Monero Mining Hardware

XMR Mining is a favourite amongst miners because of the simplicity of the rig needed to get started. The mining algorithm is compatible with both CPU and GPU’s which makes Monero mining extremely profitable and it can be mined on laptops as well as standard desktop computers and can be run on almost any operating system. The more CPU’s or GPU’s you have the more coins you will mine.

Although XMR can be mined using CPU’s or GPU’s, the profitability of mining will be based on the upfront cost of the hardware as well as the ongoing cost of energy consumption while mining. Energy costs differ depending on the location of the rig, so it is advisable to compare the profitability between the two before deciding which to use (or various combinations of the two). Monero mining calculators can be found at

Best Monero GPU

As mentioned, the profitability of mining for Monero is based on the quality and hash rate of the GPU that you have purchased and the electricity consumption. According to, the best GPU for XMR mining is the XFX Core Edition Raedon R9 295×2. Considered to be the fasted Graphics card available, with eight gigabytes of memory and more than 11.5 teraflops of computing power. Predicted profit ratios of up to 267% are mentioned.

Best Monero CPU

As with GPU’s, the hashrate versus the electricity consumption determines the best CPU to use. rates Intel XEON CPU’s as the most efficient and profitable for mining Monero. Top of the Xeon list is the INTEL XEON CPU E5-2699 V4 2.20Ghz, which has a hashrate of 1910 per second and uses 145 Watts of electricity.

Cryptonight ASIC miner

The hashing algorithm used for Monero mining ,Cryptonight,runs so efficiently on CPU’s and GPU’s that the benefits of an ASIC would not add sufficient value to justify the cost.  Monero mining is not ASIC resistant, it is just impractical and to date no ASIC’s have been developed for XMR.

 XMR mining: Final thoughts

If you want to increase your mining profitability, think about joining a Monero mining pool where you join your resources with other miners and increase the number of block solved.

Another option is to look at Monero Cloud mining instead of building and buying your own rig.  Please link here to learn more about cloud mining.

Alternatively, if you’re simply looking to get into Monero as an investment, you can skip all this hassle by going straight to a Monero Exchange and simply purchasing some.

XMR Mining (How to Mine Monero in 2018)

Monero is a cryptocurrency that was launched in 2014 that focuses on keeping the information of the transaction hidden, ensuring the buyer and seller remain anonymous and the true value of the transaction remains undisclosed.

To achieve this Monero uses a different algorithm to majority of cryptocoins, known as CryptoNight proof-of-work hash algorithm.  Based on Market capitalisation value, Monero is one of the top ten cryptocurrencies currently in circulation. Monero however has attracted a more underworld and illicit type of clientele due to its privacy.

This article will explore some of the themes around XMR mining, but if you’re still asking yourself “what is Monero?” check out the first article in this series.

Alternatively, if you’re simply looking for ways to purchase this currency, you could go straight to a Monero exchange.

XMR Mining

XMR mining, mining for the cryptocurrency Monero, requires a different setup than that needed for mining Bitcoin, Litecoin or other altcoins. Read on for more info on the hardware and software you’ll need, as well as options for joining pools.

XMR Mining Hardware

Monero mining hardware is similar to other currencies. Mining rigs are predominantly made up of graphics cards, which do the majority of the work.  Effective Monero mining requires a GPU (Graphics processing Unit) with at least eight graphics cards in addition to the normal PC requirements of CPU’s etc.

Ensure the graphics cards used to build the rig have as high a hashrate as possible.  The higher the hashrate the more power the rig will use so it is important to find a balance between the hashrate and the cost of running the rig to remain profitable. Raedon RX 580 8GB and RX 480’s are recommended.

XMR Mining Software

The easiest way to mine Monero if you are a solo miner is to download the User Interface (GUI) suitable for your operating system, which can be found on the official Monero site, Once you have synchronised with the network and connected, choose the “Start Mining” button on the mining tab and you are in business. When you want to stop, just choose the stop mining button.

XMR Mining Pools

An alternative to mining solo is to combine your resources with other Monero miners and join a mining pool. As with other currencies there is a wide variety of XMR mining pools and you evaluate a few before deciding which best suits your needs. You can decide if you prefer to join a mining pool that focuses on Monero mining only, such as XMR Pool or Monero Ocean or you can join one of the larger multi-pools that offer Monero as an option, such as nanopool (

Monero Cloud Mining

Cloud mining is an option for miners who do not want to invest in the set up costs of purchasing hardware and wish to avoid the uncertainty of the running costs of mining, but would prefer a set cost every month to rent a a rig that is based in the cloud.

Monero cloud mining differs from pool mining in that the miners are still individual miners (who can choose to mine solo or join a pool), but the costs of running and owning a mining rig are centralised by a cloud company and leased to miners.

Cloud mining results in lower set up costs and a predictable monthly fee for mining, but the miner does not own any of the rig. Upgrades are often included in the packages and the redundancy is better than a home-owned rig.

The Monero mining algorithm was created to be effective when run on home PC ‘s and rigs, unlike some cryptocurrencies like Bitcoin where owners of mining chips have an advantage. This means mining for Monero is possible and profitable at a lower cost than many of the other cryptocoins.

XMR Mining: Final Thoughts

Monero is considered to be one of the more profitable coins to mine, to calculate the rewards in comparison to other coins make use of an online calculator such as the one found at or

What is Monero?

If you are interested in looking at all the altcoins available and find yourself asking “what is Monero all about?”, then this article will help you gain a better understanding.

What is Monero?

Monero (XMR) is a cryptocoin launched in April 2014 that runs on a all operating systems, including Windows, macOS , FreeBSD, Linux and Android. Like all cryptocurrencies, Monero records transaction in a public ledger.

What sets Monero apart from other crypto-currencies such as Bitcoin, Litecoin and Ethereum is the focus on privacy by designing it to obscure details of the transaction by hiding the identity of the sender, the recipient and the amount of the transaction made.

The negative aspect of this privacy is that Monero is attractive to those wishing to use crypto-currencies for illicit transactions.

Monero also uses a different algorithm to most Cryptocurrencies, CryptoNight proof-of-work hash algorithm, which does not allow for users to trace the transactions in the ledger back, which is possible with currencies such as Bitcoin. Even the actual amount of the transaction is shown as less than the actual amount, and no record of sender and buyer is available for public view.

This is known as an opaque blockchain.  Users need wallets to transact with Monero which can be downloaded on the currencies website at

XMR Mining

Monero Mining Hardware

Mining XMR (Monero) is considered to be more profitable than many of the other cryptocoins and can be done by anyone with a CPU or GPU. The software required for XMR mining can be found on XMR Stak (  More information on XMR mining will be discussed in follow up articles as well as information on the Monero mining hardware required to build a rig.

XMR Mining Pools

A mining pool is where a group of crypto-miners combine their resources to mine more blocks at a faster rate sand see a quicker return on their investments.  Mining pools can be focused on a single currency available for miners to choose or multiple currencies. There are a wide variety of XMR mining pools to choose from. Many of the bigger multi-pools, such as Nanopool, also support Monero mining.

These pools use a variety of payment methods such as PPLNS and PPS+.

See our previous articles on mining pools for Ethereum, Litecoin and Dogecoin

Monero Cloud Mining

Cloud mining is when miners lease the Hardware and software from a provider instead of owning their own rig. This is very different to pool-mining as the resources are not combined in monero cloud mining. Most cloud-mining providers will allow you to mine for any currency you choose as long as they have the hardware and software available.

Monero Exchange

Exchanges allow you to trade one cryptocurrency for another based on the current value of the coins.  Not all exchanges will trade Monero, so you’ll have to find a reputable Monero Exchange before you can start trading.

Because of the privacy element of Monero, it has been linked to illegal incidents such as the Ransomware scam Wannacry where the operators converted their takings into Monero.  Monero has seen substantial growth since its launch, but much of this growth us been linked to the less savoury elements of the internet such as drug dealers ( and other cybercriminals (

Litecoinpool vs F2pool

Choosing the right pool to join when mining for cryptocurrency is very important to ensure you get what you expect and do not have any unpleasant surprises down the line.

Most miners will calculate their expected profits in advance, based on their rigs and power costs  and as different pools offer different payment methods, the pool chosen affects the mining outcomes.

Some pools pay for Uncles and some do not, some charge for transactions and some do not.  In this article we will look at two of the biggest pools that offer Litecoin mining, Litecoinpool vs F2pool.


Litecoin is knows as the little brother of Bitcoin, launched in 2011 it is almost identical to Bitcoin but runs on Scrypt instead of SHA_256 resulting in a decreased time to solve blocks. Litecoin has about 55 million coins in circulation and has a market cap of  $ 20,000,000,000.

Litecoinpool vs F2pool

Litecoinpool ( as the name suggests, allows miners to only mine for Litecoin, while F2pool ( is what is known as a multipool and allows miners to mine for a variety of different currencies in addition to Litecoin, such as Bitcoin, Ethereum and Dash.

Litecoinpool was started in 2011, just after the launch of Litecoin, and was the first Litecoin mining pool. Litecoinpool currently has more than 40% of the active Litecoin miners as members. Litecoin pool has a server presence in eight different locations across the world.

F2pool was started in 2013 and was originally a Chinese-only mining pool and they have only recently added an English Interface. Also known as “Discus Fish”, F2pool has servers in Beijing, Qingdao, Guangzhou, Hong Kong and the United States.

Both Litecoinpool and F2Pool use  Stratum mining protocol. F2pool is reported to control about 51% of the Litecoin hashrate (and about 52% of all the mining hashrate across various cryptocurrencies).

In terms of rewards, both F2Pool and Litecoin calculate on the PPS (pay-per-share) system, which means you get paid for what you contribute and the luck and risk factor are removed.

Litecoinpool has a feature which allows for rewards from merged-mining (when two cryptocoins based on the same algorithm are mined at the same time) to be paid out as well, and has no transaction fees.

F2pool offers 1000 free Dogecoin’s for every 1 Litecoin mined and also supports merged-mining with some coins. Litecoin has a calculator on the site to assist miners with their forecasting ( and an easy to use guide for beginner miners, including a video on how to get started:

F2pool runs at a Litecoin hashrate (number of computations per second) of 19.4 TH/s (19.4 x 1,000,000,000,000) while Litecoinpool runs at 141 TH/s, almost 8 times faster. Litecoinpool boasts over 10,800 active users and more than 42,000 workers.

Both sites offer extensive statistics for miners, however the stats for F2pool are only accessible by registered miners of the pool.

Final Thoughts: Litecoinpool vs F2pool

Both Litecoinpool and F2pool are well-established, reliable pools for the mining of Litecoin’s and both are a good choice for a miner, depending on their requirements. Both pay out on a regular basis and the biggest difference between them is a multi-pool versus a single currency pool.


What is Ethereum? The Ultimate Beginners Guide

With the second largest market cap in the cryptocurrency world, Ethereum has drawn a lot of attention from investors and crypto enthusiasts alike.

This relatively new cryptocurrency not only presents a significant change to the status quo, it also allows for the quick development and deployment of new applications. Ethereum essentially enables dozens of new and extremely innovative cryptocurrencies to exist.

While Ethereum’s utility is obvious to programmers and the tech world at large, many people who are less tech-savvy have trouble understanding it. This guide to will appeal to both crowds and expose anyone from complete crypto beginners and intermediates to this potentially game-changing cryptocurrency.

If you’re interested in learning about how you can profit from trading crypto currencies, you might want to consider enrolling in a crypto currency trading course

What is Ethereum?

Simply put, Ethereum is a blockchain-based decentralized platform on which decentralized applications (Dapps) can be built.

Remember, blockchain is the structure the vast majority of cryptocurrencies run on. It’s a database with no central server that keeps track of every transaction and exchange.

Ethereum’s appeal is that it is built in a way that enables developers to create smart contracts. Smart contracts are scripts that automatically execute tasks when certain conditions are met. For example, a smart contract could technically say, “pay Jane $10 if she submits a 1000 word article on goats by September 15, 2018,” and it would pay Jane once the conditions are met.

These smart contracts are executed by the Turing-complete Ethereum Virtual Machine (EVM), run by an international public network of nodes.

The cryptocurrency of the Ethereum network is called ether. Ether serves two different functions:

  1. Compensate the mining full nodes that power its network. This keeps things running smoothly at an administrative level.
  2. Pay people under smart contract conditions. This is what motivates users to work on the Ethereum platform.

If you’re still a little confused, don’t worry. The underlying technology is complicated even at a surface level.

By the end of this guide, you’ll have a better understanding of Ethereum than 99.999% of people out there… and that’s a pretty good start!

We’ll go over things such as how Ethereum functions, Ethereum’s history, and some of the exciting dapps running on the Ethereum platform.

Welcome to a Wild Ride: Ethereum

In 2011, a 17 year old Russian-Canadian boy named Vitalik Buterin learned about Bitcoin from his father.

In 2013, after visiting developers across the world who shared an enthusiasm for programming, Buterin published a white-paper proposing Ethereum.

In 2014, Buterin dropped out of the University of Waterloo after receiving the Thiel Fellowship of $100,000 to work on Ethereum full-time.

In 2015, the Ethereum system went live.

In 2017, Ethereum hit a cap rate of $36 billion dollars.

Whether you’re looking at this from an investment standpoint, tech perspective, or witness to history; Ethereum is extremely exciting.

Buterin’s goal was to bring the same decentralization from Bitcoin to more than just currency. This could be accomplished by building a fully-fledged Turing-complete programming language into the Ethereum blockchain.

The Ethereum white paper goes into detail for some of the potential use cases, all of which could be built through decentralized apps on the Ethereum network. The list goes on and on:

  • Token Systems
  • Financial Derivatives
  • Identity and Reputation Systems
  • File Storage
  • Banking
  • Centralized Autonomous Organizations
  • Insurance
  • Data Feeds
  • Cloud Computing
  • Prediction Markets

By building these apps on the Ethereum network, these dapps can utilize Ethereum’s blockchain instead of having to create their own.

The Ethereum Virtual Machine

Early blockchain applications like Bitcoin only allowed users a set of predefined operations. For example, Bitcoin was created exclusively to operate as a cryptocurrency.

Unlike these early blockchain projects, Ethereum allows users to create their own operations.  The Ethereum Virtual Machine (EVM) makes this possible. As Ethereum’s runtime environment, the EVM executes smart contracts. Since every Ethereum node runs the EVM, applications built on it reap the benefits of being decentralized without having to build their own blockchain.

Smart Contracts

Smart contracts are strings of computer code capable of automatically executing when certain predetermined conditions are met.

Instead of requiring a single central authority to say “yay” or “nay,” these contracts are self-operated. This not only makes the entire process more effective, it also makes it more fair and objective.

For example, a simple smart contract use case would be:

  • Jim wants to bet Sarah 100 Ether (ETH) that the price of ETH will be above $1000 on August 30th, 2018.
  • They agree on a data feed to be used to determine the ETH price.
  • They each escrow 100 ETH to a smart contract, with the winner taking the full 200 ETH.
  • On August 30th, 2018 the data feed is queried and the contract immediately executes sending money to the winner.

Using the smart contract, there’s no need for Jim and Sarah to trust each other. They just have to trust the data feed.

Keep in mind that this is only a very simple example. Many smart contracts are extremely complex and can work wonders.

The takeaway: Smart contracts can automate a variety of tasks, without requiring intermediaries. All a smart contract needs is the arbitrary rules written into it.

Ethereum vs Bitcoin

Now that you have a decent understanding of what Ethereum is and how it functions, it’s useful to consider how it compares to Bitcoin at a technical level.

While the two cryptocurrencies serve different purposes, Ethereum provides a number of benefits over Bitcoin:

  1. Shorter Block Times – On Ethereum, blocks are mined roughly every 15 seconds compared to Bitcoin’s 10-minutes rate.  This shorter time allows the blockchain to more quickly start confirming transaction data, although it also means more orphaned blocks.
  2. More Sophisticated Fee Structure – Ethereum transaction fees are based off storage needs and network usage. Bitcoin transactions are limited by block size and compete with each other.
  3. More Sophisticated Mining – Bitcoin mining currently requires ASICs (Application-Specific Integrated Circuits), necessitating a large amount of capital investment to mine.  Ethereum’s mining algorithm was designed with ASIC-resistance in mind, thus leveling the playing field and aiding in the decentralization of mining.

Ethereum arguably currently functions better than Bitcoin as a currency. With Ethereum, you can reliably send transactions faster, pay lower transaction fees, and mine at a more profitable rate (although it still has its downfalls for miners).

Future Updates to Ethereum

The future for Ethereum is bright, but it is not without its potential uncertainty.

A notable event on the horizon is the Metropolis hard fork that is set to occur in late September. This hard fork indicates some major upgrades for the platform including:

  1. Increased anonymity with new zero-knowledge proofs, or “zk-SNARKs.” This means users will be able to conduct transactions at much more secure levels of anonymity than ever before.
  2. Smart contracts and programming will be much easier to work with. Gas is also going to be adjusted for bill setting.
  3. Masking will increase security on the network. Users will be able to determine the address for which they have a private key, and this will protect them from quantum computer hacking.
  4. A “difficulty bomb” will be included in the upgraded, meaning mining will become much more difficult. This is a significant step as Ethereum transitions from proof-of-work (PoW) to proof-of-sake (PoS).

We won’t know how this hard fork will affect the price of Ethereum as markets could adjust in a variety of ways. If the upgrades attract more users, the price could rise. However, if mining becomes more difficult and slows, the price could fall.

The next upgrade after Metropolis is referred to as Serenity, which should increase stability and encourage more investment.

How to Buy Ethereum

The easiest way to invest in Ethereum is by using a cryptocurrency exchange. CoinCentral has compiled a list of the best exchanges where you can buy Ethereum.  On this page you can find key details of these exchanges, as well as links to their individual reviews and user guides.

If you’re new to the world of cryptocurrency, Coinbase offers one of the simplest ways to buy, sell, and store Ethereum.

Coinbase offers free BTC worth $10 for new joiners using this link

For those interested in regular trading, the following exchanges may be more suited to your needs:

  • Gemini
  • Kraken
  • GDAX
  • Bittrex
  • CEX.IO

Final Thoughts

While there is a lot of speculative interest around Ethereum, it’s important to note that the Ethereum and dapp communities are very much focused on building a tangible future.

Ethereum is a phenomenal application of the blockchain and has made it possible for hundreds of projects to exist.

This is a condensed version of an article originally published on CoinCentral written by Alex Moskov. Read the full article here.

Crypto Currency Trading Course: How to Find a Winner

If you’re reading this page, it is likely that you’re aware of all the buzz in the media over the past few months around Bitcoin and other crytpo currencies like ETH and Ripple (XRP).

The internet is awash with stories of people who have made millions from Bitcoin in just a few short years.


It’s easy enough to purchase bitcoin through an exchange. Coinbase is one of the most popular and easiest to use in the US. 

BUT Investing in cypto currencies is not something you should jump into without first getting a greater understanding of the topic. Enrolling in a crypto currency trading course is a good way to get you up to speed quickly. 

This article will provide an overview of some of the popular courses currently available on the internet.

Crypto Currency Trading Course: Which one should you choose?

There are lots of courses available on the web, and obviously each claims to be the best. You have to take these claims with a pinch of salt, and delve a bit deeper into the actual contents.

Also, bare in mind that trading anything for a profit, let alone crypto currencies, is incredibly difficult and there are no surefire answers. If it were easy then everyone would be doing it.

Once you’ve decided on a course that you like, you should view the expense as a cost against any future earnings from trading cryptos.

We’ve outlined some of the bitcoin crytpo trading courses below:

  1. Bitcoin Black Book, – $47

This course makes some bold claims, it promises to”reveal the five steps anyone can follow to profit from one of the most exciting opportunities of our lifetime, from explaining what Bitcoin even is… the full risks involved… to how you go about buying and selling them…”

The guide also comes with a number of bonuses, including a 8 part video masterclass, covering some of the need to know information, like trading patterns and ICOs.

Unlike some other online products, the author is transparent about his background, Tiz Gambacorta (view on LinkedIn) holds an MSc in Maths and finance and previously worked at Barclays Capital.

See more info here.

2. Cryptocurrency Codex, by the Crypto Currency Institute – $47


This course claims to be one of the best for beginners, citing that it “shows complete newbies how to profit from Cryptocurrency.”

The course covers more or less everything you might want to know about cryptocurrency, right from mining, though to how to store your currencies. It also obviously covers trading strategies and how to profit from trading bitcoin.

Of the many bonuses, there is access to a private “ask me anything” Facebook group, where you have the opportunity to discuss trading with a wider community of members.

Get more info here.

Crypto Currency Trading Course: Final Thoughts

You can’t go into trading bitcoin with 100% certainty that you’ll come out successful, trading is invariably difficult. That being said, taking the time to study the area puts you ahead of most of the average punters that are investing at the moment.

Go in with your eyes open, pick a course that interests you and that you enjoy, and don’t invest money that you can’t afford to lose!