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2019 Valuable Cryptocurrencies That Are Mineable

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2019 Valuable Cryptocurrencies That Are Mineable

Out of 10 Cryptocurrency coins that are on top of the hill, there are just a few within the market capitalization that are valuable and can be mined.

Cryptocurrencies that are mineable are mostly based on blockchain technology. Cryptocurrency such as XRP and NEO are not mineable because they lack public blockchain standards, therefore making it difficult to mine. In this case, XRP and NEO do not qualify to be mineable Cryptocurrency.

Crypto coins joining valuable and mineable coins such as BTC, ETH, LTC and BCH include BSV, XMR, DASH, Zcash etc. These coins joining the mineable coins are worth 2.2 percent of the whole crypto economy while the top 8 mineable coins worth 67.7 percent far more than other Cryptocurrencies and these coins can be mined by interested individuals provided that you have a machine (computer) with standard ASIC and GPU.

Here are the top 5 cryptos that are not just mineable but valuable as well. First on the list is Zencash (ZEN). It is more valuable to mine with it expected returns higher than Bitcoin (BTC) and Ethereum (ETH). Zencash technology was at its peak during the past months with 800 percent rise in the price of ZEN. It is advisable to mine Zencash using Nicehash software on your computer.

Bitcoin, it gained much attention with its huge marginal price level. A valuable coin such as Bitcoin which is mineable has the highest price score overall altcoins since its invention till now. Bitcoin exhibits an anonymous peer-to-peer crypto transaction which makes it valuable to mine. You can mine Bitcoin on your machine (PC) using software such as Easyminer, BFGminer, and Minepeon. Minepeon is best for mining bitcoins as recommended by Cryptocurrency miners.

Monero (XMR) is currently the most valuable and free mineable coin in the month of February 2019 till now. The best software to mine free Monero (XMR) is Minergate. With free fifteen days of mining Monero and no fee is charged when you reach your minimum withdrawal. You definitely need to try your hands on Monero coin.

Ethereum (ETH), you might be wondering why Ethereum is part of the top five. Well, ether is a native currency of the Ethereum technology. ETH has been in the mining system for a long time now. It performs a range of function which makes it so special. The price of Ethereum surged more than 200 times for the past years.

The asset of Ethereum attracts serious speculative investors with increasing interest value that is over 1000 times within a month. That makes it valuable to invest and mine as well. This interest attracts fresh capitals into the Cryptocurrency ecosystem. But can be damaged within a short period of time, which can affect the crypto economy.

In September 2017 Electroneum (ETN) was launched into the Cryptocurrency ecosystem. One remarkable thing about this coin is that it can be mined using your mobile phone or via CPU and GPU. Even though the price has not increased for some time now after its launch. Electroneum is one of the promising coins which has less value but mineable from 2017 till date.

The idea behind electroneum is to target smartphone users. Buy triggering 2.20 billion users to mine Electroneum coins in other to gain popularity. Even though the value on market price is not as high as Bitcoin, Ethereum etc. But very predictable and promising to mine and more valuable than most crypto coins on the crypto ecosystem.

Cryptocurrency that is not mineable face a lot of challenges like criticism from people that they are just wasting time and resources. Well, for me I think they just need more time in other to be well known and recognize in the Cryptocurrency economy just like how Bitcoin and Ethereum started.

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Cryptocurrency

40% Of Bitcoins Are Stored On Wallets With A Balance Of Over 1000 BTC

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40% Of Bitcoins Are Stored On Wallets With A Balance Of Over 1000 BTC

Over the past few years, several “warning bells” have started to sound for all Bitcoin maximalists. Seems like the decentralization of the main cryptocurrency is more like a myth and has neither part nor lot in ability-status congruence. According to some experts of the industry, 40% of all Bitcoins are stored on cryptocurrency wallets with a balance of 1000 BTC or more.

Who Controls Bitcoin?

According to data published by digital asset strategist/director at VanEck Gabor Gurbacs, there are only 3 wallets that own 100000 BTC and more and 115 that own 10000-100000 BTC. The main part of them is cryptocurrency exchanges with millions of users.

If we exclude some factors that could affect the accuracy of the results, in particular, remove wallets belonging to exchanges, we can get the following result.

The results are presented below on the chart of the Lorentz curve. A straight blue line demonstrates the complete equality in the distribution of coins, that is when each person gets an equal amount of BTC. The red curve under the line corresponds to reality – the ratio of the number of wallets to the number of all coins have already mined. As we can see, the first 25 % of the holders don’t own a few percents of Bitcoins. But the tiny part of the particularly well-to-do holders accounts for most of the existing coins.

lorenz curve

Source: trustory.io

That is the diagram indicates the “unfairness” of the cryptocurrency distribution. Although it simply indicates the difference in the social status and condition of industry participants.

In general, the Lorentz curve demonstrates income unfairness in economics. The closer the curve is to the straight line, the fairer the distribution of all the funds. Its position on the chart is controlled by social programs and tax reforms.

This statistic has been criticized by some Twitter users. BlockTower Capital co-founder Ari Paul advised experts to exclude wallets with an account balance of less than 0.01 BTC from the sample. According to him, any user can create thousands of Bitcoin addresses, which then will not be used. Therefore, these purses are supposedly not worth taking into account.

That wealth is unevenly distributed is probably a normal situation. However, as well as knowledge: the one who constantly studies new areas, the first to receive various things, which then become wealthy. The example is registering the first domains in the .com zone because their further sale brought millions of dollars to the owners! Among this one occur to sex.com or casino.com

Another example is early investors. Shares of Facebook or Amazon, bought a decade ago, were considered a completely rubbish investment, but someone believed in these companies and their business model.

To get closer to the cherished percentage of the richest Bitcoin wallets it is the proper time to buy cryptocurrency. That time we will live a life!

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Blockchain

The Future Of Publishing With Blockchain, Steemit vs. Publish0x

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The Future Of Publishing With Blockchain, Steemit vs. Publish0x

Blockchain technology has seen many projects for content creators to showcase their crafts.  The emergence of platforms such as Steemit and Publish0x provide writers with a great opportunity to showcase their skills to the world. Even better, they pay them. Wow!

At this time, I know newbies are asking themselves, Steemit or Publish0x? Worry no more; I’m here to analyze both platforms. Buckle up my friend, this road might be bumpy.

Steemit

Actually, Steemit has been in business for quite some time now. The platform has grabbed the attention of most content creators but not many have been successful over there. Well, this might be due to the fact that the quality of the content might not correspond to the amount of influence you get on Steemit. I know! This is the sad truth. As a matter of fact, low-quality content may receive more earnings compared to your high-quality masterpiece.

On the brighter side, Steemit is a global community. It is quite possible to meet fellow steemians in your local town, or even better, in the annual steemfest. Sounds amazing, right? Anywhere you go all over the world; it is possible you have some Steemit friends there.

Some other good news, it is up to you to influence your earnings on the platform. Does the mention of cash excite you?

Whilst it is not possible to influence the amount you earn, it is possible to influence and improve your earnings by staking Steem earnings. Another money-making opportunity is by investing in the voting bots. Yes, it is possible to create a steady income on Steemit.

I know what I have done here. The sound of bots is a turn off to many of us. I’m not a fan of bots either. However, the fact is that Steemit has a very high number of bots. I know it is sickening but well, we have no choice.  That’s Steemit for you in short. Let’s have a look at the other one:

Publish0x

This is a brand new one. We all love our new stuff and obsessed with them. Well, Publish0x is no different from them. Most tend to love it more and I’ll give you the reasons why. But first, in this ‘brand new baby’, users get rewarded using bounty0x tokens. Now, back to why most people love it more:

Money my people! Unlike Steemit where you have to wait for seven days to get your Steem, Publish0x pays instantly. People view your content and tip you. The more readers tip you, the more money you get. This is a monopoly free platform compared to Steemit which operates in monopolies. Moreover, the minimum withdrawal amount is 156 tokens which sound fair to me.

The good thing with publish0x is that it has a referral/ambassador system. Do you know what this means? It means Publish0x will grow at a faster rate. This is a good thing because traffic brings about more tips. More tips mean more Tokens. Practically, it is much easier to make money on publish0x than Steemit.

Another positive is that readers and writers both get rewarded. I know it sounds crazy but it’s true. But come to think of it, an author without a reader is worthless. Most importantly, readers and writers are all equally as significant.

No bots on Publish0x! It’s a bot-less platform, everyone is happy.

In Conclusion

It is interesting to see how this Publish0x platform develops. It is still in beta version but making strides. On a personal view, I think Publish0x has nice and friendly features compared to Steemit. It is only a matter of time before it bumps it.

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