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Crypto Expert, Guides and Tutorials

Quitting Mining: Selling the Hardware, and Avoiding Financial Losses

February 26, 2021

Hi there! This is the final article in the series where I share my experience with beginner miners. Last time we talked about farm maintenance; this time we’ll look at

Hi there! This is the final article in the series where I share my experience with beginner miners. Last time we talked about farm maintenance; this time we’ll look at the final stage of any mining project, namely selling the rigs. Time to Sell The exact service life of video cards used for mining is impossible to predict, as there are too many variables. A lot depends on overclocking, cooling, and…

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Crypto Expert

Is ChangeNOW Legit?

February 19, 2021
A feature picture for the article named "Is ChangeNOW Legit"

The question of legitimacy hangs high in the air when it comes to working with cryptocurrency exchanges. The abundance of scams and overnight platforms offering exchange services for digital assets makes it difficult for users to distinguish legitimate services from frauds.

One of the platforms that has received a lot of user attention is the ChangeNOW service. Just as most platforms on the market, it is sometimes supposed to be a scam. Yes, sudden lags in transaction times, exchange rate fluctuations and other technical difficulties often make users suspicious of crypto scam. Still, it is both important and relieving to remember such difficulties are always temporary and do not mean that the exchange in question does not provide trustworthy financial services.

This article provides some insights into the operations of ChangeNOW and tries to answer the question of whether ChangeNOW is legit and the issue migrating on numerous forum boards as “is ChangeNOW trustworthy?”.

Crypto Expert

Crypto AML/KYC

January 22, 2021

It has been more than a decade since Bitcoin has been invented in 2008. The cryptocurrency industry encompasses more than 7500 tokens and has a market cap of nearly $400 billion. We think it’s fair to say cryptocurrencies are gradually moving towards mass adoption. 

However, the industry is yet at a nascent stage in comparison to the other sectors of the financial ecosystem. While there are multiple advantages of digital currencies, they are sometimes used for illicit practices. 

One of the most important procedures used by financial industries to secure themselves and their clients against illegal behavior are called KYC and AML. Both of them are becoming especially relevant in the cryptocurrency field as well. In this article, we’ll take a closer look at them, their relevance within the crypto domain, and their advantages. 

Crypto Expert, Fun

Top Crypto Names

January 13, 2021

With the Bitcoin launch in 2009, cryptocurrencies firmly entered our life. However, the crypto industry is still a space where it is possible to become a millionaire just in one night.

Here is a look at the list of top crypto names and the remarkable achievements these people have made.

Crypto Expert, Guides and Tutorials

Top Crypto Books to Read in 2021

December 30, 2020

The market of cryptocurrency is gaining momentum like never before. With the price of Bitcoin and the combined market capitalization of all cryptocurrencies setting new records, the interest towards blockchain technologies is at its all-time high. It has been 12 years since Bitcoin was invented by a person (or a group) named Satoshi Nakamoto. In these 12 years, the very growth of blockchain technologies has been driven entirely by innovations. Fortunately, it became more useful, scalable, and more secure. 

Since technological innovation is similar to the currency within the crypto market, both developers and investors depend on knowledge. The whole community keeps looking for new books on blockchain technology to keep themselves updated. In this article, we have scanned the vast world of crypto books written so far and came up with some recommendations for all crypto enthusiasts!

Crypto Expert, Guides and Tutorials

Maintaining a Mining Farm: Farm Monitoring, Backup Drive, Cleaning and Check-ups, Warranty and Minor Repairs

December 24, 2020

Hi there! This is the fifth article in the series. This time, we will learn how to maintain rigs to ensure long service life.

Crypto Expert

Hedera Hashgraph (HBAR) and Other Atypical Blockchains: How To

December 18, 2020

Do all cryptocurrencies use blockchain? As it has been shown for Hedera Hashgraph, it’s not obligatory. At the same time, an opportunity to use blockchain beyond Bitcoin is quite recent. The decentralized cryptocurrency bandwagon’s diversity and the variety of ways to use these bitcoin alternatives make atypical blockchains a force to reckon with.

It’s not necessary to use a “standard” blockchain in order to build your own cryptocurrency. “Atypical” blockchains are widely implemented in a great range of areas (the banking industry, the gaming industry, the real estate industry, etc.). In gaming, blockchain is leveraged to purchase in-game items and remove the large corporations’ intrusion (they often eat up a large chunk of the game developer’s revenue). In the real estate industry, blockchain works as a boon for real estate customers, who do not have to pay the middlemen a significant sum (1-2% of their total property value). 

Atypical blockchain networks are also being used for managing entertainment and sports events. Some platforms are even using their native tokens for supporting sports talents!

Crypto Expert, Guides and Tutorials

Centralized VS Decentralized Crypto Exchanges

December 16, 2020

When many different cryptocurrencies emerged in the early 2010s, there was an increase in demand for platforms where these assets could be swapped and traded. This is how cryptocurrency exchanges appeared. Historically, centralized exchanges (CEXs) came first: they managed to attract traders from all over the world and became highly liquid. CEXs are key drivers of the entire crypto industry; basically, they set the crypto assets’ prices. 

DEX crypto exchanges have been largely known for their poor liquidity and less comfortable interfaces as well as lowered security risks; however, recently privacy has become much more prioritized. Thanks to Uniswap and other decentralized cryptocurrency exchanges, the industry is changing right before our eyes! 

In this crypto exchange review, we will compare decentralized and centralized exchanges and consider their pros and cons.

Crypto Expert

BEAM Cryptocurrency and Its Peculiarities

December 11, 2020

Privacy coins have some unique features guaranteeing them a nice place in the crypto world. Although cryptocurrencies like Bitcoin are often referred to as anonymous, it is nothing but a misnomer. By nature, such blockchains are public. Upon linking a wallet address to a user, the entire transaction history becomes known to all the participants of the network. Privacy coins solve this problem by using various anonymizing methods: for example, Beam cryptocurrency is the first-ever one to have applied Mimblewimble privacy technology.

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