Blockstream Raises $125 Million to Strengthen Bitcoin Mining Capacity

• Blockstream and its founder Adam Back have raised $125 million to increase its Bitcoin (BTC) mining capacity.
• The capital was raised in a convertible note led by Kingsway Capital and Cohen & Company Capital Markets, a division of J.V.B. Financial Group.
• The funds will be used to expand Blockstream’s facilities and host institutional services due to increased demand.

Blockchain infrastructure firm Blockstream and its founder Adam Back have recently raised $125 million to increase its Bitcoin (BTC) mining capacity. The capital was raised in a form of short-term debt known as a convertible note. The note was led by Kingsway Capital and Cohen & Company Capital Markets, a division of J.V.B. Financial Group. The first of these companies will serve as advisors for the firm.

The funds will be used to expand Blockstream’s facilities and host institutional services due to increased demand. The firm has noted an uptick in demand from its clients, despite the crypto winter and the collapse of the crypto exchange FTX. This is most likely due to the company’s strong track record and substantial scale, coupled with an industry-wide shortage of available power capacity.

Previously, Blockstream raised $210 million in a Series B funding round led by Baillie Gifford and iFinex, Bitfinex’s operator, at a $3.2 billion valuation. This capital was used to accelerate Blockstream’s mining capabilities and attract new clients.

Blockstream is now positioned to grow even more and become an even more influential force in the world of blockchain technology. The firm’s CEO, Adam Back, has stated that the funds will be used to continue to build out the firm’s mining operations and increase its data center footprint.

The firm will also use the funds to invest in new tools and services that will make it easier for clients to engage in Bitcoin mining. This will help to further legitimize and institutionalize the industry, creating more opportunities for investors.

As the blockchain industry continues to grow, Blockstream is likely to remain an important player. Its ability to attract capital and develop new tools and services will help to ensure its continued success. With the recent influx of capital, Blockstream is well-positioned to continue to be a major player in the industry.

DoJ Action Against Bitzlato Sparks Crypto Speculation

• Speculation on ‘Crypto Twitter’ went wild after a Department of Justice announcement regarding a press release on “International Crypto Enforcement Action”.
• The DoJ press release shared that the federal body was taking enforcement action against Russian exchange Bitzlato.
• Data from Arkham Intel showcased that Bitzlato tagged wallets represented a mere $11,000 in value, with that number having peaked at $6M.

The world of cryptocurrency was abuzz with speculation on Wednesday after the Department of Justice (DoJ) made a vague announcement regarding a press release on “International Crypto Enforcement Action”. The announcement, while non-descriptive, still managed to send shockwaves through the world of crypto, causing many to speculate whether a stablecoin ban, increased regulations, or a government crackdown was incoming.

When the DoJ’s live-streamed press release took place at 17:00 UTC, the announcement was anything but the predictions of the crypto world. Instead, the federal body was taking enforcement action against the little-known Russian exchange, Bitzlato. The sequence of events was odd to say the least, and many believe that the DoJ was simply out of touch with what is happening in the space.

Data from Arkham Intel, amplified by Coinbase director Conor Grogan, showed that Bitzlato tagged wallets represented a mere $11,000 in value, with that number having peaked at $6M. While millions of dollars have exited the exchange in the past – either seized or withdrawn from accounts that got word ahead of time – it is still a drop in the bucket compared to routine cryptocurrency volumes.

This moment served as yet another entertaining event in the world of crypto. While the DoJ still seeks to protect consumers and ensure the safety of their investments, the enforcement action against Bitzlato was a reminder that the world of crypto remains a largely unregulated space. It is the responsibility of each individual investor to do their due diligence and research before investing in any cryptocurrency. In the end, the crypto world continues to be a wild ride, and events like these certainly prove it.

UK Launches Digital Pound: Becoming World’s Crypto Hub

• The United Kingdom is planning to launch its own stablecoin – a digital pound, according to Andrew Griffith, an economic secretary to the UK Treasury.
• This follows the country’s commitment to becoming the world’s crypto hub.
• A public consultation on the attributes of a digital pound will be launched in the coming weeks.

The United Kingdom is making moves to become a leader in the cryptocurrency space by launching its own stablecoin, a digital pound. This move is being spearheaded by Andrew Griffith, economic secretary to the UK Treasury. Griffith spoke to the Treasury Select Committee about the government’s plans to launch a stablecoin, noting that public consultation on the attributes of a digital pound would be launched in the coming weeks.

The UK’s move to launch a stablecoin is part of its commitment to becoming the world’s crypto hub. The country has been encouraging crypto adoption, and the launch of a stablecoin appears to be an effort to further boost the adoption of crypto in the region. Griffith believes that embracing disruptive potential technologies, such as cryptocurrencies, can challenge and turbocharge the financial sector.

The digital pound is expected to be backed by the British pound, making it a secure and stable investment option. This could be beneficial for investors and businesses that are looking for a reliable, government-backed cryptocurrency. Additionally, the digital pound could provide an alternative to traditional banking services, allowing people to transfer money quickly and securely.

The UK is not the only country exploring the possibility of a currency-backed stablecoin. Central banks across the continent have been working on and exploring respective digital currencies. However, the UK is the first in the region to commit to a stablecoin backed by its own currency. This could be a major step forward for the crypto industry in the region and could encourage more countries to consider launching their own digital currencies.

The UK’s commitment to launching a digital pound is a significant step forward for the crypto industry, and could potentially open the door to other countries launching their own digital currencies. With the launch of a digital pound, the UK could become a leader in the crypto space and provide a secure and reliable alternative to traditional banking services. Only time will tell if other countries will follow suit and launch their own stablecoins.

Coinbase Fined $100M for Anti-Money Laundering Failures

• Coinbase has reached an agreement with the New York Department of Financial Services (NYDFS) to pay $100 million to improve its account and background checks.
• Half of the settlement will go into paying a $50 million fine, while the other half will go towards improving the company’s compliance program.
• The NYDFS found that Coinbase allowed bad actors to use its platform to launder money and had failures in its anti-money laundering controls dating back to 2018.

Coinbase, a major cryptocurrency exchange, has recently reached an agreement with the New York Department of Financial Services (NYDFS) to pay $100 million in order to improve its account and background checks. This settlement comes after the financial regulator found serious flaws in the company’s anti-money laundering (AML) regulations, which allowed bad actors to use its platform to launder money.

The $100 million will be split in half, with $50 million being used to pay a fine and the other half being used to improve the company’s compliance program. The financial regulator determined that Coinbase had not been following the same standards as U.S. banks, with issues in the company’s AML controls dating as far back as 2018.

In order to address these issues, the NYDFS has mandated that Coinbase hire an independent firm to review its compliance program and to ensure that all AML regulations are being followed. Adrienne Harris, Superintendent of Financial Services for the state of New York, said: “We found failures that really warranted putting in place an independent monitor rather than wait for a settlement. We have been very outspoken about illicit financing concerns in the space. It is why our framework holds crypto companies to the same standard as for banks.”

The settlement between Coinbase and the NYDFS comes as a warning to other cryptocurrency exchanges that they must adhere to the same standards as banks when it comes to AML regulations. In addition, it serves as a reminder that the cryptocurrency market is becoming increasingly regulated and companies must take the necessary steps to ensure they are meeting the requirements of the law.

UK Creates Crypto Crime Cell to Tackle Unethical Practices

• The United Kingdom’s National Crime Agency (NCA) is forming a team of officials to investigate unethical practices in the crypto industry.
• Following $3 billion lost to crypto hacks and scams, the UK is taking a proactive approach to cryptocurrency remit.
• The team of investigators will be tasked with providing strategic and tactical advice on how to tackle crypto crimes.

The United Kingdom’s National Crime Agency (NCA) is taking a proactive stance against the growing problem of cryptocurrency-related crime. In response to the $3 billion lost to crypto hacks and scams, the agency is creating a team of investigators whose sole purpose is to tackle the unethical practices occurring in this industry.

The job advertisement for this position, which was posted on the government website, mentioned the need for a “crypto cell” with the right tools and capabilities to target UK-based subjects. The team of investigators is expected to provide strategic and tactical advice on how to effectively combat crypto crimes. This comes after the Financial Conduct Authority (FCA) completed a thorough investigation into the sector, with 432 scams reported between March 2021 and April 2022.

The NCA’s crypto crime cell will play an important role in the effort to protect the UK’s financial market. It will be responsible for identifying and addressing any potential threats to the industry and ensure that no one is exploiting the system for their own gain. The team of investigators will be tasked with using the latest technology to trace and detect fraudulent activities.

In addition, the investigators will be in charge of educating and informing members of the public about the risks associated with investing in cryptocurrencies. They will also provide support and guidance to victims of crypto crimes, helping them to receive just compensation for their losses.

The establishment of the NCA’s crypto crime cell shows the government’s commitment to fighting financial crimes in the industry. It is hoped that the team of investigators will be able to protect the UK’s financial market from any potential threats and help to restore trust in the crypto sector.

Uncovering the Risk Factors of the Bitcoin Lightning Network

Over time, cryptocurrency has grown in popularity, and the launch of the Bitcoin Lightning Network has changed the idea of digital money. The layer two payment mechanism used by this network runs on top of the Bitcoin blockchain. Additionally, it offers extra capabilities like smart contracts and enables quicker and less expensive Bitcoin transactions. The Bitcoin Lightning Network offers a lot of advantages, but there are also some hazards involved. The hazards that come with utilizing the Bitcoin Lightning Network will be covered in this essay, along with suggestions for reducing them.

What is the Lightning Network for Bitcoin?

On top of the Bitcoin blockchain, there is a second layer protocol called the Lightning Network. Users may conduct transactions with a very cheap transaction charge because to this network of peer-to-peer payment channels. While avoiding the scalability difficulties of the Bitcoin blockchain, this network enables users to quickly and securely send and receive Bitcoin payments. When the payment channels are shut down, transactions are carried out off-chain and publicized on-chain. As a result, transactions may be completed more quickly and for less money.

The Bitcoin Lightning Network’s characteristics

Users find the Bitcoin Lightning Network appealing due to a number of its advantages. It is safe because the Bitcoin blockchain secures every transaction. As transactions are carried out off-chain and published on-chain when the payment channels are closed, it is also quick. It is also inexpensive since its costs are substantially lower than those associated with the Bitcoin blockchain. Additionally, it supports smart contracts because they may be used with the Lightning Network.

Bitcoin Lightning Network Advantages

Users may gain a lot from the Bitcoin Lightning Network. It supports smart contract functionality and is quick, safe, and affordable. This makes it a desirable choice for consumers who want to conduct Bitcoin transactions. Additionally, it offers scalability since the Lightning Network’s high volume of transactions frees up space on the Bitcoin blockchain.

Bitcoin Lightning Network dangers

Using the Bitcoin Lightning Network has a number of advantages, but there are also some hazards. These dangers include of security dangers, scalability dangers, counterparty dangers, and regulatory dangers.

security dangers

Because the Bitcoin blockchain secures every transaction, the Bitcoin Lightning Network is safe. Utilizing the network still has certain security concerns, though. For instance, the possibility of transaction malleability, or the modification of a transaction after it has been broadcast, exists. Node failure, which occurs when a node goes offline and the transactions made on it are not recorded on the blockchain, is another potential issue.

Adaptability Threats

Scalability is built into the Bitcoin Lightning Network because it enables numerous transactions to be made without overwhelming the Bitcoin blockchain. There are still certain scaling risks connected to the network, though. For instance, when several transactions are carried out via a single payment channel, there is a possibility of crowded channels. There is also the possibility of network fragmentation, which occurs when there is insufficient liquidity and the network is split up into several pieces.

Defendant Risks

As a peer-to-peer network, the Bitcoin Lightning Network is subject to counterparty risk. When the other party to the deal does not carry out their responsibilities, this occurs. Due to the fact that a transaction cannot be undone after it has been broadcast on the blockchain, the user may suffer a loss of cash as a result.

Legislative Risks

Because it is a still-evolving technology, using the Bitcoin Lightning Network has considerable regulatory concerns. Government regulation, for instance, poses a danger since it’s possible that rules restricting network use may be put in place. The possibility of exchange regulation also exists since exchanges can place their own limitations on network usage.

Conclusion

The Bitcoin Lightning Network is a ground-breaking innovation that offers users lots of advantages. It supports smart contracts and scalability and is quick, safe, and affordable. Utilizing the network does come with certain risks, including security risks, scalability risks, counterparty risks, and regulatory concerns. In order to ensure a risk-free and secure experience with the Bitcoin Lightning Network, it is crucial to comprehend these dangers and take action to reduce them.

Erkunde Alternativen zur Bitcoin Entwicklung

Bitcoin ist eine digitale Währung, die durch ein dezentrales Netzwerk von Nutzern erstellt und verwaltet wird. Es ist ein weltweites Netzwerk, das es den Nutzern ermöglicht, Geld ohne ein zentrales Finanzinstitut zu senden und zu empfangen. Bitcoin ist eine sichere und anonyme Währung, die auch für viele andere Anwendungen verwendet werden kann. Um das Netzwerk und die Währung zu nutzen, müssen Nutzer Bitcoin Entwicklungssoftware herunterladen und installieren. Die Entwicklung der Bitcoin-Software ist sehr komplex und erfordert ein solides Verständnis von Programmierung und Kryptographie.

Was ist Bitcoin?

Bitcoin ist eine dezentrale, digitale Währung, die von einem Netzwerk von Nutzern erstellt und verwaltet wird. Es ist eine sichere und anonyme Währung, die auch für viele andere Anwendungen verwendet werden kann. Bitcoin verfügt über ein öffentliches Hauptbuch, das alle Transaktionen aufzeichnet und es jedem Nutzer ermöglicht, alle Transaktionen in der Blockchain einzusehen. Bitcoin basiert auf der Blockchain-Technologie, die es den Nutzern ermöglicht, Geld ohne ein zentrales Finanzinstitut zu senden und zu empfangen.

Warum ist Bitcoin Entwicklung wichtig?

Bitcoin Entwicklung ist wichtig, da es die Software ermöglicht, die das Bitcoin-Netzwerk betreibt. Die Entwicklung der Bitcoin-Software ist komplex und erfordert ein solides Verständnis von Programmierung und Kryptographie. Es ist wichtig, dass die Bitcoin-Software sicher, zuverlässig und effizient ist, um das Netzwerk sicher zu halten.

Welche Alternativen gibt es zur Bitcoin Entwicklung?

Es gibt viele Alternativen zur Bitcoin Entwicklung, einschließlich Ethereum, Ripple, Litecoin und Bitcoin Cash. Jede dieser Alternativen bietet einzigartige Funktionen und Vorteile, die sie für bestimmte Anwendungen geeigneter machen.

Ethereum

Ethereum ist eine dezentrale Plattform, die es Entwicklern ermöglicht, intelligente Verträge und andere Anwendungen zu erstellen und auszuführen. Ethereum ist eine sehr beliebte Alternative zur Bitcoin-Entwicklung, da es eine einzigartige Programmiersprache, die als Solidity bezeichnet wird, und eine leistungsstarke Blockchain-Technologie bietet.

Ripple

Ripple ist ein Zahlungsnetzwerk, das es Nutzern ermöglicht, Geld schnell, kostengünstig und sicher zu senden und zu empfangen. Ripple verwendet eine einzigartige Technologie, die als Interledger bezeichnet wird, und es ist eine sehr beliebte Alternative zur Bitcoin-Entwicklung.

Litecoin

Litecoin ist eine digitale Währung, die von einem Netzwerk von Nutzern erstellt und verwaltet wird. Es ist eine sehr sichere und anonyme Währung, die auch für viele andere Anwendungen verwendet werden kann. Litecoin verwendet die gleiche Technologie wie Bitcoin, aber seine Transaktionsgeschwindigkeit ist schneller und es ist weniger anfällig für die gleichen Probleme wie Bitcoin.

Bitcoin Cash

Bitcoin Cash ist eine weitere digitale Währung, die von einem Netzwerk von Nutzern erstellt und verwaltet wird. Es basiert auf derselben Blockchain-Technologie wie Bitcoin, bietet jedoch einige zusätzliche Funktionen, wie eine höhere Transaktionsgeschwindigkeit und mehr Skalierbarkeit.

Schlussfolgerung

Bitcoin Entwicklung ist ein komplexer Prozess, der ein solides Verständnis von Programmierung und Kryptographie erfordert. Es gibt viele Alternativen zur Bitcoin Entwicklung, einschließlich Ethereum, Ripple, Litecoin und Bitcoin Cash. Jedes dieser Netzwerke bietet einzigartige Funktionen und Vorteile, die es für bestimmte Anwendungen geeigneter machen. Daher ist es wichtig, dass Entwickler die verschiedenen Alternativen sorgfältig prüfen, bevor sie ihre Wahl treffen.

Die Entwicklung von Bitcoin und die Netzwerkstabilität

Seit seiner Einführung im Jahr 2009 ist Bitcoin zu einer der bekanntesten digitalen Währungen geworden. Es ist ein dezentrales System, das es Benutzern ermöglicht, Waren und Dienstleistungen über das Internet zu bezahlen. Bitcoin wird auch als Kryptowährung bezeichnet, da es eine spezielle Form von Verschlüsselung bietet, um Transaktionen sicher und privat zu halten. Diese Verschlüsselung stellt sicher, dass die Währung nicht gefälscht werden kann und dass Benutzer keine Banken oder andere Finanzinstitutionen benötigen, um Bitcoin zu senden und zu empfangen. Bitcoin hat sich schnell zu einer der beliebtesten Währungen entwickelt, aber die Entwicklung und die Netzwerkstabilität sind beide entscheidend für den Erfolg.

Was ist Bitcoin?

Bitcoin ist ein digitales Zahlungssystem, bei dem Benutzer Zahlungen an andere Benutzer senden können. Es wird als dezentrales Netzwerk betrieben, was bedeutet, dass es keine zentrale Kontrolle gibt und jeder, der sich an dem Netzwerk beteiligt, Teil des Netzwerks ist. Bitcoin verwendet eine spezielle Form der Verschlüsselung, die als Blockchain bezeichnet wird. Diese Blockchain verschlüsselt jede Transaktion, um sicherzustellen, dass es unmöglich ist, Bitcoin zu fälschen oder zu stehlen.

Die Geschichte von Bitcoin

Bitcoin wurde im Jahr 2009 von einer Person oder Gruppe namens Satoshi Nakamoto eingeführt. Es wurde als Weg entwickelt, um die finanzielle Kontrolle von Banken und Regierungen zu untergraben. Es wurde als erste dezentrale digitale Währung angesehen, da es keine zentrale Kontrolle oder Autorität gibt, die es bestimmt. Seitdem hat sich Bitcoin zu einer der bekanntesten Währungen entwickelt und ist in vielen Ländern und Unternehmen akzeptiert.

Vorteile von Bitcoin

Bitcoin bietet eine Reihe von Vorteilen im Vergleich zu traditionellen Währungen. Zunächst einmal ist es eine dezentrale Währung, was bedeutet, dass keine Bank oder Regierung es kontrolliert. Dies bedeutet, dass Benutzer sich keine Sorgen machen müssen, dass ihr Geld abgenommen oder ihre Zahlungen zurückgezogen werden. Außerdem ist Bitcoin sicher und privat, da es eine spezielle Verschlüsselungstechnologie verwendet, um Transaktionen zu verschlüsseln. Darüber hinaus ist es eine globale Währung, die in vielen Ländern und Unternehmen akzeptiert wird.

Nachteile von Bitcoin

Obwohl es viele Vorteile gibt, gibt es auch einige Nachteile von Bitcoin. Zum Beispiel ist Bitcoin nicht reguliert, was bedeutet, dass es keine zentrale Kontrolle oder Autorität gibt, die es bestimmt. Dies bedeutet, dass Benutzer sich keine Sorgen machen müssen, dass ihr Geld abgenommen oder ihre Zahlungen zurückgezogen werden. Darüber hinaus ist Bitcoin sehr volatil, was bedeutet, dass der Wert stark schwanken kann, was es für Benutzer schwierig machen kann, Geld zu verdienen.

Entwicklung und Netzwerkstabilität

Die Entwicklung von Bitcoin und die Netzwerkstabilität sind beide entscheidend für den Erfolg. Bitcoin wird ständig weiterentwickelt, um neue Funktionen zu implementieren oder alte zu verbessern. Die Entwickler arbeiten auch daran, die Sicherheit des Netzwerks zu verbessern, um den Benutzern ein sicheres Netzwerk zu bieten, in dem sie Transaktionen senden und empfangen können. Darüber hinaus arbeitet das Netzwerk an der Skalierbarkeit, um sicherzustellen, dass es ausreichend Kapazität hat, um alle Benutzer aufzunehmen, die es verwenden möchten.

Risiken und Gefahren

Obwohl Bitcoin eine sichere und private Währung ist, können Benutzer immer noch Opfer von Betrug und Hackerangriffen werden. Wenn ein Benutzer seine Bitcoin an eine unzuverlässige Person sendet, kann er die Bitcoin verlieren. Es gibt auch das Risiko, dass der Wert von Bitcoin stark schwanken kann, was es schwierig machen kann, einen Gewinn zu erzielen. Darüber hinaus kann es zu technischen Problemen kommen, die das Netzwerk beeinträchtigen können.

Fazit

Bitcoin ist eine digitale Währung, die viele Vorteile im Vergleich zu traditionellen Währungen bietet. Es ist eine dezentrale Währung, die eine spezielle Verschlüsselungstechnologie verwendet, um Transaktionen sicher und privat zu halten. Die Entwicklung von Bitcoin und die Netzwerkstabilität sind beide entscheidend für den Erfolg. Es ist wichtig, dass Benutzer die Risiken und Gefahren kennen, die mit Bitcoin verbunden sind, bevor sie mit dem Handel beginnen. Wenn sie jedoch die richtigen Vorkehrungen treffen, können sie mit Bitcoin profitabel handeln.

Understanding Bitcoin Mining Profitability and Rewards

For people who are interested in cryptocurrencies and blockchain technology, bitcoin mining has grown in popularity as a form of investing. Bitcoin mining is a procedure used to safeguard and maintain the integrity of the cryptocurrency that involves confirming and adding transactions to the blockchain. Additionally, it is a fantastic technique to create fresh bitcoins. Miners receive fresh bitcoins, transaction fees, and block rewards in exchange for searching for and validating Bitcoin transactions. We will examine the economics and benefits of Bitcoin mining in more detail in this post.

What is mining for bitcoin?

The practice of adding transaction records to the public ledger of prior transactions in Bitcoin is known as mining. The block chain refers to the series of blocks that make up this historical log of transactions. The block chain confirms transactions as having occurred to the rest of the network.

The people in charge of logging transactions, confirming them, and protecting the Bitcoin network are known as miners. For their contributions, they are rewarded with freshly produced bitcoins and transaction fees.

Bitcoin Mining Methods

The two main ways to mine bitcoin are solo mining and pool mining. Solo mining is carried out by a single miner, who is in charge of logging and confirming transactions as well as protecting the Bitcoin network. This is a challenging operation that typically calls for pricey equipment and a lot of power.

On the other side, pool mining is carried out by a number of miners who pool their resources and divide the benefits. The miners may pool their resources and divide the benefits, making this a more economical and effective method of mining bitcoin.

Bitcoin Mining: Advantages and Drawbacks

The act of mining Bitcoin has both benefits and drawbacks. It is a fantastic way to create fresh bitcoins, which is one of the key benefits. Miners receive fresh bitcoins, transaction fees, and block rewards in exchange for searching for and validating Bitcoin transactions.

On the other side, mining for bitcoins may be expensive and time-consuming. Both pricey gear and a lot of power are needed. Additionally, it necessitates a great deal of technical expertise and might be challenging for novice miners.

Mining Bitcoins Can Be Profitable

The cost of power, the price of gear, and the network’s complexity are just a few of the variables that affect how profitable bitcoin mining is. The number of miners vying for the rewards determines the network’s difficulty. The prizes decrease in value as the challenge rises.

Another element that influences the profitability of Bitcoin mining is the price of power. The profitability of mining declines as power prices rise.

In addition, hardware cost should be taken into account. The profitability of mining declines as hardware costs rise.

Making Bitcoin Mining Rewards Calculations

The difficulty of the network and the quantity of miners vying for rewards influence the Bitcoin mining payouts. The payouts will be lesser the more miners there are vying for them.

The transaction fees and block rewards are divided by the number of miners to determine the payouts. This represents the miner reward.

Bitcoin mining difficulties

Given that it calls for expensive equipment and a lot of technical expertise, mining bitcoin may be difficult. Additionally, it uses a lot of expensive power. Additionally, it is challenging for new miners to get started because of the network’s complexity.

Conclusion

A fantastic method to produce fresh bitcoins, transaction fees, and block rewards is through bitcoin mining. However, the process is expensive and time-consuming. The cost of power, the price of gear, and the network’s complexity are just a few of the variables that affect how profitable bitcoin mining is. The network’s complexity may make it tough for new miners to get started. Miners may choose wisely when it comes to investing in Bitcoin by being aware of the advantages and disadvantages of Bitcoin mining.

Bitcode AI’s historie

Platformen blev lanceret i 2017 og modtog venture funding på 2 mio. dollars fra A16z i december 2017. Siden da er Bitcode AI vokset fra at være en decentraliseret børs til at tilbyde et større udvalg af finansielle produkter såsom udlån og låntagning.

Tjenesten er vokset, hvilket har ført til en efterfølgende runde på 12 mio. dollars i oktober 2018. De har ansat et større team, lanceret nye produkter og er i øjeblikket ved at ansætte flere medarbejdere for at hjælpe dem med at skalere yderligere.

Kilde: https://www.indexuniverse.eu/da/bitcode-ai-anmeldelse/

Hvorfor bruge Bitcode AI

Den eneste grund til at bruge Bitcode AI frem for et andet DeFi-produkt er, fordi det tilbyder mere konkurrencedygtige satser. Desværre ændres priserne næsten sekundet efter, så selv om de måske er bedst lige nu, kan en anden virksomhed om fem minutter være mere konkurrencedygtig.

Produktet er anstændigt, men det er ikke fantastisk. Det er groft omkring kanterne, føles ret gammeldags og er helt klart rettet mod nogen, der er meget fortrolige med decentraliseret finansiering. Det giver meget lidt med hensyn til vejledninger og hjælp, så jeg ville bestemt ikke anbefale dette til nogen, der ikke er fortrolig med Ethereum-baserede tegnebøger og allerede bruger kryptovalutaer.

Der er centraliserede muligheder som BlockFi, som generelt tilbyder bedre kurser og mere stabilitet. Det er også langt nemmere at bruge.

Hvis det kun er DeFi, som du leder efter, er det en ok mulighed, men hvis vi lægger satserne til side, ville vi vælge Dharma som produkt frem for dette. Dharma er langt mere gennemarbejdet og nem at bruge.

Bitcode AI-understøttelse

Bitcode AI tilbyder e-mail support. Selvom den er ret lydhør, er den ikke ligefrem sofistikeret. Skulle tjenesten blive ramt af et angreb, eller der skulle ske en anden kryptokatastrofe af en eller anden art, kan vi forestille os, at dette ikke ville skalere godt. Vi kunne ikke engang finde en FAQ-sektion.

Deres supporttjenester efterlader os lidt bekymrede for at være ærlig. Det virker mere som en eftertanke. Især for en virksomhed med dette niveau af finansiering.

Brugervenlighed

Hvis du allerede er DeFi-bruger, burde dette være ret ligetil. Tilslut en eksisterende tegnebog, og så er du klar til at gå i gang. Som jeg nævnte tidligere, er det ikke den pæneste grænseflade, men det giver nogenlunde mening.

Hvis du ikke er en erfaren DeFi-bruger, anbefaler vi ikke dette. Hvis du blot vil tjene renter, skal du gå til BlockFi. De har generelt bedre satser og kræver ikke mærkelige Ethereum-wallets, som ikke ligefrem er nemme at sætte op og bruge. Hvis du ikke forstår cybersikkerhed, er de også for risikable.

  • Sådan opretter du en Bitcode AI-rentekonto
  • Sørg for, at du har en Ethereum-tegnebog som Metamask eller Coinbase Wallet
  • Gå til Bitcode AI-webstedet
  • Klik på “Start lending” (start udlån)
  • Tilslut din Ethereum-tegnebog
  • Klik på ‘Deposit’
  • Vælg den relevante valuta
  • Vælg relevant wallet
  • Indtast beløbet
  • Klik på “Indbetal

Sådan opretter du en Bitcode AI-lånekonto

  • Sørg for, at du har en Ethereum-tegnebog som Metamask eller Coinbase Wallet
  • Gå til Bitcode AI-webstedet
  • Klik på ‘Start borrowing’ (Start låntagning)
  • Tilslut din Ethereum-tegnebog
  • Klik på ‘Lån’ i den øverste navigation
  • Vælg den relevante valuta
  • Vælg relevant wallet
  • Indtast beløbet
  • Klik på “Lån

Bitcode AI-oversigt

Som en udveksling
Bitcode AI er bare ikke konkurrencedygtig som en exchange efter vores mening. Ved test var det langt fra intuitivt, og de manglede i høj grad funktioner. Der er langt bedre muligheder for udvekslinger, uanset om de er decentraliserede eller centraliserede

Som en udlånsplatform

Bitcode AI tilbyder konkurrencedygtige satser og er ret let at bruge for dem, der er vant til DeFi og Ethereum-baserede tegnebøger. Hvis du er mindre komfortabel med det, anbefaler vi at bruge en centraliseret tjeneste som BlockFi, der generelt tilbyder mere konkurrencedygtige satser og er langt nemmere at bruge

Som en låneplatform

Bitcode AI tilbyder ret konkurrencedygtige satser for lån, og platformen er let at bruge, hvis du er vant til DeFi og Ethereum-baserede wallets. Det er næsten øjeblikkeligt, og fordi det er decentraliseret, er det sikkert, så længe du ved, hvad du gør. Igen, BlockFi tilbyder generelt bedre priser og en nemmere at bruge i de fleste tilfælde.