Day: November 29, 2017

Mining digital currency is certainly an attractive source of income. Plug in the GPU cards and let the digital gold pour. However, mining bitcoin alone consumes 0.13% of the world’s energy consumption. Fuelling such consumption with anything but renewable energy would have a devastating effect on the environment.

Fortunately, more and more mining facilities are switching to hydro and wind powered energy sources according to the latest Bitcoin News.

Europe’s largest Bitcoin ATMs provider and digital currency exchange Cointed is set to shake up the green mining industry in the later part of Q4/2017.

The team behind Cointed is inspired by always pushing the bar higher and being an example of innovation. To guarantee their clients the best possible service, all the Cointed mining hardware and software is custom made.

Collaboration with Nvidia

The company has already pre-ordered 125,000 custom-made GPUs in collaboration with Nvidia and Zotac that are especially designed for Cointed’s facilities. Of them 18,000 are already assembled in 2000 rigs of 9 cards each in a warehouse in Sweden and fully operational.

Optimized Mining Rig

The rigs and GPU cases are also improved to optimize performance. To alleviate the issue of overheating the GPUs’ traditional fans have been replaced with heat sinks. Locating the fans on the case allows for optimal air circulation which improves cooling and makes maintenance easier. The motherboards are also customized to better synergize with the other components.

Inhouse Built Software

One of the biggest advantages, however, is the entirely inhouse built software. The team creates their own operating system to and GPU BIOS so that they get the optimal performance and synergy with their other custom parts.

You are the owner

The best thing about mining with Cointed is surely that you own the rig! Most of Cointed’s mining rigs are owned by the customers. The company is only operating and supporting them for a small fee. There are no small letters (is this the right expression?) whatever your GPUs mine minus the fee is what you will get.

CTD token

Right now, Cointed are holding an ICO campaign to expand our business. The CTD token is the only opportunity to get access to the exclusive deals at Cointed. Some of the benefits are:

• Discounts on ATM fees, software licensing as well as exchange
• Mining: 15% discount on rigs and 5% hosting fees
• Access to GPUs with 25% increased performance and inhouse BIOs
• Discounts on crypto cards
• PayCo discounts: 15% POS and 20% lower fees
• 5% lower hosting fees
• 15% off on mining equipment

For more information: www.cointedtoken.com or Whitepaper

The post Green mining with Cointed and Nvidia appeared first on NEWSBTC.

Nobody is quite sure if trades of one cryptocurrency for another qualify as a nontaxable event, since the IRS hasn’t said. However, if tax reform becomes law, the question will become a moot point.

CRYPTO20’s goal is to bring peace-of-mind cryptocurrency investment to mainstream investors. It is an index fund that holds and autonomously rebalances a data science optimized portfolio of the top 20 cryptocurrencies. The fund has recently surpassed the $35m milestone in its ongoing tokensale.

Monday (27/11/2017) saw the CRYPTO20 fund perform its second successful divestment/rebalancing procedure. A period of exceptional growth has led to the total fund value exceeding $35m with a NAV (net asset value) of over $1.15 per token. The token price is currently just $1.1.

The initial three (BTC/LTC/ETH) contribution cryptocurrencies were divested into the top 20 on the 21st of November. The weekly rebalance enforces the 10% component cap and mitigates risk and volatility by ensuring no single asset (and thus source of risk) dominates the fund. This functionality was released several weeks ahead of road-map targets.

Underlying Distribution — (Fund Value (USD) over time)

Actively managed funds have consistently failed to beat the market index despite decades worth of data, billions of dollars and hundreds of analysts at their disposal. When they have, their fees dilute investor returns to less than if they had simply held the index.

The CRYPTO20 tokensale is currently live and concludes on the 30th of November at 00:00 GMT.

A Finished Product Offering Value Now

The fund’s token, C20, is a representation of an investor’s share of the fund, and the fund’s value is equal to the combined value of its assets. CRYPTO20, unlike many of the other offerings in the marketplace today, is a finished product and not a platform.

The CRYPTO20 fund can be tracked in real-time. The live fund portfolio, number of tokens sold, total fund value and the token NAV are available here.

Token-holders are able to liquidate the C20 token for their share of the underlying assets via the smart contract. By going directly to the end-user as a cryptocurrency itself, CRYPTO20 gives investors the ability to sell or exchange their tokens at will. The fund is fully AML/KYC compliant and operates as a registered LLC in the Cayman Islands, a popular fund jurisdiction.

The CRYPTO20 fund mitigates risk and volatility and historically has provided better returns than the market cap leader, bitcoin, alone.

Discover more at https://crypto20.com.

Contact Email Address
[email protected]

Supporting Link
https://www.crypto20.com

Live Support/Community Chat
https://discord.gg/cgZd4uc

The post CRYPTO20 Exceeds $35m Raised With 24 Hours To Go appeared first on NEWSBTC.

High stakes altcoin investor Willy Woo has the math to back up his (at times turbulent) investment thesis.

This week the Dublin-based firm Circle Financial revealed a new investment app is coming out in 2018. There’s currently a sneak peak of the “Circle Invest” app that shows multiple cryptocurrency support and a picture of the user interface.

See also: How to Buy Bitcoin When You’re Underage   

Circle is Excited to Release a New Crypto-Based App for Retail Investors

Circle financial is a cryptocurrency-based firm that was launched back in 2013 and operated a service much like the company Coinbase. The company had done very well for itself over the years raising $136Mn in venture capital. Average investors could use the Circle app to purchase and sell bitcoin but the firm stopped these services more than a year ago. Instead, they focused on large Over-the-Counter (OTC) trading for exchanges and institutional investors. Just recently news.Bitcoin.com reported on Circle’s latest project Centre and it’s Trigger Finance acquisition. Now the firm will launch its latest investment app during the new year as the firm details;

Invest in digital currency without investing a lot of time deciphering the market. Circle started in 2013 and we’ve worked in crypto ever since. We’re excited to unveil our latest endeavor.  

Circle Invest Will Boast Multiple Cryptocurrencies and No Commissions

Users can sign up for a wait-list to try the new Circle Invest app by entering their email. According to Circle, there will be no commissions, custodial accounts, liquidity, multiple cryptocurrencies and secure storage. The app’s user interface (UI) reveals the variety of digital assets supported by the platform which includes bitcoin, ethereum, ripple, bitcoin cash, and litecoin. It’s likely the acquisition of Trigger Finance is helping the firm produce the Circle Invest app.

The mobile investment platform Trigger has served thousands of retail investors by tracking U.S. equities, commodities, and even cryptocurrencies. Circle says its use of digital assets and using public blockchains as payment rails combined with Trigger’s expertise will leverage Circle’s “infrastructure and trading operations in the form of new mobile products for individual retail investors.”

What do you think about Circle coming back with a new investment app? Let us know in the comments below.

Images via Shutterstock, and Circle Financial.

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The post Circle Financial Plans to Launch a New Investment App Next Year appeared first on Bitcoin News.

The Gibralter Stock Exchange has created the Gibraltar Blockchain Exchange, with the intention of creating an easy and safe place for ordinary investors to gain crypto market exposure.

Mindshare has partnered with Zilliqa to test Blockchain solutions for media and advertising. Cointelegraph sat down with Mindshare CSO R Gowthaman to find out how they see the future of Blockchain unfolding for the industry.

Prime Minister Lee Nak-yeon reportedly frets about kids selling drugs and pyramid schemes while regulators draft rules for South Korea’s exchanges.

The post Bitcoin Crossed $10K for the First Time: Global Validation or Speculative Bubble? appeared first on Bitcoin Magazine.

USD highs are the name of the game this week as Bitcoin, Ethereum, Ethereum Classic Litecoin, Monero and Dash all post records.