The Ultimate Cryptocurrency Mining Guide
For those of you that are interested in mining crypto, I recently released a new video on YouTube that goes over everything you need to know about mining in order to get started. Even for those of you that may not be as interested, it's very informative and helpful in understanding the blockchain market.
With all the wild developments going on amongst developers, we tend to forget what serves as the main driving force behind crypto price volatility. Yes, volume is a big part of it. However, hashrates dictate whether or not that uptick in volume will occur. When miners stop working on a blockchain, the rate of depreciation slows down and affects the psychological outlook of the investor (or miner).
For example, if the Net Hash Rate for ZenCash drops by 50% at any point, you could expect to see a decrease in usage and a slower blockchain protocol. Effects like these can hurt volume, and ultimately the price, giving miners a massive upper hand in leveraging these blockchain projects.
Knowledge like this isn't something that you will find in any random YouTube video or from any mining expert. Check out my video above or click the link below! You'll be surprised how much goes into this exciting niche in blockchain tech.
Link: Ultimate Cryptocurrency Mining Guide