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Showing posts with the label Ethereum

Crypto coins to mine with the highest profitability in 2016

If you aren’t sure which coins to mine then it can be a difficult process carrying out the required research to find the largest profit margins. Thankfully there are already websites available that simplify the selection process. First you need to establish whether you are mining with a GPU or ASIC’s device. Then head over to  whattomine.com  and then select GPU or ASICS link from the top of the page. You will instantly be presented with the crypto coins with the highest profitability in realtime. Now once you have mined your coins you may want to convert your cash back into a safer currency such as BTC or LTC. Well there are tools for this as well. Check out  Shapeshift  a website that allows you to instantly convert your coins from one coin to another. I for example would generally move some of my profits back into LTC or BTC as I feel more comfortable with the stability of these currencies. As of today the most profitable coins to mine by GPU are as follows The most profitabl

Microsoft Among Tech Companies Creating an Ethereum Blockchain Alliance

Technology giant Microsoft is reportedly among several other industry firms alongside banks and financial institutions coming together to form a new blockchain working group called the ‘Enterprise Ethereum Alliance’. The coalition of tech firms and banks aim to accelerate the adoption of Ethereum’s public blockchain technology in corporations and enterprises, according to a  Bloomberg  report. Flocking to Ethereum With companies like Microsoft pushing toward development and service offerings, Ethereum, as a smart contracts-based public blockchain is seeing a number of adopters in the corporate space. Companies and financial institutions working on their own private blockchains are increasingly choosing to fork Ethereum. In early 2016, a year revealing several blockchain prototypes and proof-of-concepts, one of the  earliest known cases  of a banking collective using a blockchain to transfer value came to light. A total of 11 banks across four continents from the R3-led banking con