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2019 Valuable Cryptocurrencies That Are Mineable



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.


Cardano’s Charles Hoskinson wants to work with Elon Musk to develop a decentralized social media platform



Cardano's Charles Hoskinson wants to work with Elon Musk to develop a Decentralized social media platform

The Founder of Cardano (ADA) has invited Tesla owner and billionaire, Elon Musk, to work with him in developing the first decentralized social media platform. Charles Hoskinson, who also doubles up as the CEO of Input-Output Global is offering to help Elon Musk achieve his goal of free speech on social media.

The news follows Elon Musk’s acquisition of a stake in Twitter last week. The Billionaire bought 9.2% of Twitter, estimated at $2.89 Billion, and was even offered a seat on the micro-blogging site’s board. However, after deliberations, Elon passed on the offer since it would bar him from owning beyond a certain threshold of Twitter’s shares.

Free speech advocate

Elon Musk is on record for being a passionate supporter of free speech and open internet policies. He has in the past openly accused Twitter of muzzling free speech and open internet use. He recently held a poll that indicated that most users would prefer an edit button on Twitter and said that if he is not allowed to acquire the platform, he would have to reconsider his position as a major shareholder of Twitter.

To actualize this cause, he has offered to acquire the platform for a reported fee of $43 Billion in cash. This intended acquisition has left his critics and supporters talking and would go a long way in helping him bring much-needed changes to Twitter. His intention has however come under fire with his critics, including Dogecoin co-founder, Jackson Palmer saying that Elon Musk is planning a hostile takeover of Twitter. 

Hoskinson’s offer to Elon Musk

Upon seeing the opposition against Elon Musk’s plan, Hoskinson wooed Elon to join him in creating a decentralized social media platform. He tweeted:

“@Elon if Twitter rejects your offer, then hit me up. Happy to build a decentralized one.”

This offer follows Elon Musk’s Twitter poll where he sought the opinion of his 80 million followers about a decentralized social media platform. He posited that were he to be barred from acquiring Twitter, he would establish his decentralized platform that would be founded on free speech and open internet.

Elon Musk’s campaign for free speech and open internet has not been welcomed by all. Some of his critics have argued that coating his move with good intentions, his true intention is to get revenge against the SEC for muzzling his Twitter activities.

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Thailand Outlaws The Use Of Crypto For Payments



Thailand Outlaws The Use Of Crypto For Payments
  • The SEC in Thailand has banned crypto payments in the country.
  • Its new decision is expected to become enforceable in April.
  • The SEC reiterated that the government still maintained support for the blockchain industry, clarifying that the decision does not affect crypto investments.

The Securities Exchange Commission today has placed restrictions on crypto as a means of payment. They believe that it poses risks to the nation’s financial stability.

Crypto Payments Outlawed

Thailand’s SEC today has outlawed the use of crypto as a medium of exchange in the country. The regulators came up with this decision after discussing the benefits and inherent risks from crypto and blockchain technology with the country’s central bank, the Bank of Thailand (BOT).

They concluded that the use of cryptocurrencies for payment was potentially harmful to the country’s financial stability and economy. Price volatility, risks of theft, and potential use cases in money laundering were amongst the reasons cited by the SEC that led them to this decision.

The SEC report read, “the use of digital assets as a medium for payment of goods and services Because it may affect the stability of the financial system and the overall economy. including risks to people and businesses such as the risk of loss of value caused by price volatility Risk of Cyber ​​Theft Risk of personal data leakage or being used as a tool of money laundering.”

As per the SEC’s new decision, crypto service providers and vendors or merchants in the country are encouraged to stop providing or facilitating such services. Suppose a crypto service provider discovers that a customer has used its services to make payments. In that case, the service providers are to inform the SEC and restrict activities on the said account.

The SEC’s new ruling is to take effect from the 1st of April. However, businesses that already offer such services would be given till the end of April to cease such operations. The crypto market in Thailand has grown massively over the last couple of years. As per a Bloomberg report, government data estimates that Thai citizens hold about $3.4 billion in crypto assets.

Crypto Investments Not Affected As The Thai Government Still Supports Blockchain Technology Innovation

The SEC in their release, clarified that the restriction was only on using cryptocurrency as a means of payment and in no way affected citizens investing in crypto. It was stated that “digital asset traders/investors can carry out normal investment/trading related transactions.”

The SEC also maintained that the government still supported blockchain technology and was working to provide a regulatory environment where innovation can be encouraged in the industry. Recall that earlier this month, the country had offered tax incentives to investors and businesses in the crypto industry.

“… the BOT and the SEC, as well as other government agencies, see the benefits of various technologies behind digital assets such as  blockchain and emphasize and support the use of technology to further innovation.”

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