Universal computerization and the development of the Internet has become the platform on which the idea of creating digital money has been formed. Here they are produced, cashed, accumulated, exchanged, participate in exchange games, they are paid on sites, in stores and bars, they are bought and earned – as a result, cryptocurrencies become the equivalent of classic money, but with new features.
Among the characteristic properties:
• complete anonymity of settlements;
• the absence of any centralization – on the part of banking systems or public administration;
• information about transactions and all operations is stored in blocks that are formed in chains – blockchains; This base cannot be faked;
• the ability to store not in a familiar account with a card, but in an electronic wallet.
Bitcoins, which became the initial stage in the formation of electronic coins, have turned into an expensive giant. At the same time, many varieties of digital currencies are developing in the world – alternative money. They are designed in predetermined directions, have individual advantages, and are used for different purposes.
1. To buy bitcoins or any kind of altcoins. Expect an increase in value on an exchange or market.
2. Acquire the shares of one of the major trusted companies involved in PAMM-investing through trust management of investors’ capital.
3. Invest in one or more promising ICO projects. With Initial coin offering coupons – tokens, you can earn fairly stable. It is advisable to get some professional knowledge and skills, turn to trusted companies, authors of real hype so as not to fall into the scam scheme.
4. Buy H / s. Become a member of a centralized pool – an association of consumers who jointly mine cryptocurrency. Cloud mining is done through special ASIC devices with data centers. Everyone receives a certain amount of interest from the total final earnings, depending on the invested funds. Investors do not place equipment on their premises, do not care about commissioning or maintenance. Participants receive passive income according to a certain scheme with a focus on programs at the end of the fiscal year. You can’t get into the problems and the essence of functioning, take off interest at any time. The entire amount is allowed to be collected after a year of active participation. Access to the farm and to process information is open at all times and for all users.
Today it is very difficult to mine cryptocurrency alone, on a personal computer at home. For big money, not enough advanced processor, powerful video card, downloaded programs. A number of projects related to mining altcoins, involves the participation of individuals, but the reward is often modest. On the other hand, each new type of cryptocurrency can turn out to be both progressive and depressing. Predicting something in advance is impossible.