What is a crypto mining company? How does it work? What happens when all [bitcoins](/coins/btc) are mined? If you have similar questions, read this article to the end. We will dive into these topics and learn more as we explore the particulars of a mining company, crypto mining, and its legal aspects.

## What is Cryptocurrency Mining?

Cryptocurrency mining is a process requiring specialised computers, also known as mining rigs or nodes, to verify blockchain transactions for a particular crypto coin. The miner, in turn, receives a mining reward for their computational work.

## The Mining Dozers: Rigs, Nodes, and Pools

Blockchains need an expansive network of high-performing machines to validate and store transactions. Mining rigs use modern processors, like FPGA, GPU, or ASIC, and serve as nodes for their network. One might wonder if using standard personal computers as mining equipment is enough to mine Bitcoin. Here's the reason why it's not a good idea. Personal computers lack the computational power required to handle this level of processing. Therefore, a mining rig is used to perform cryptocurrency mining. It's a combination of mining devices to increase the mining output power, multiply hash rates, and thus the rewards.

Bitcoin mining requires enormous computational power and electricity. But having such resources for an individual miner is not easy. So, miners form a mining pool, which allows them to work together and combine their computational resources over a network for more profitable mining.

## How Does Cryptocurrency Mining Work?

Here is how a cryptocurrency mining company works. Cryptocurrency mining is not merely about mining new coins. It serves two purposes: generating new coins and validating transactions on the blockchain.
Bitcoin miners earn the reward, in the form of Bitcoins, when they complete verifying a block of transactions. This increases their capital along with the total number of Bitcoins in circulation.

## What is proof of work (PoW)?

PoW is a consensus mechanism to ensure all stakeholders agree on the legitimacy of transactions and prevent miners from spending the same money twice. Many cryptocurrencies, including Bitcoin, use the PoW strategy to achieve these verifications.

In the PoW mechanism, miners race to solve complex mathematical problems once a transaction block is filled. After solving the equation, they generate a 64-hexadecimal hash, which allows the miners to generate Bitcoin for themselves and verify the transaction.

## What Happens When All Bitcoins Are Mined?

The limit on Bitcoins that can be mined or issued is 21 million. This number is not expected to be reached because Bitcoin uses bit-shift operators. The number of Bitcoins issued per block decreased roughly by four years. Therefore, the final Bitcoin isn't expected to be generated until 2140. What happens after reaching the upper supply limit largely depends on how Bitcoin evolves.

What happens when all Bitcoins are mined? Even if the number is ultimately slightly below 21 million, new Bitcoin will no longer be issued. However, Bitcoin transactions will continue to be pooled into blocks and processed. Miners will likely continue to get rewards in terms of transaction processing fees.

## How to Start Mining Cryptocurrency

Before you start mining cryptocurrency, there are some factors to consider. For starters, your regular computer or laptop won’t really cut it, as mining cryptocurrencies require a lot of computing power and time. Here are the basics you will need to start mining cryptocurrency:

•	Computer equipment
•	Mining software
•	Wallet

Depending on which cryptocurrency you opt for, you will need to set up a special mining rig. Bitcoin, for example, is mainly mined using ASIC (application-specific integrated circuit) rigs. It can cost thousands of pounds each. Since you will be going through a lot of power, you should also consider the electricity cost.

Furthermore, you will need specific software to carry out the actual mining. Next, you’ll need to set up a crypto wallet to store the earned coins. You might also need a mining pool membership for high-probability limited profits.
 
## Is Bitcoin Mining Profitable?

Mining Bitcoin can be profitable if you earn more than your mining costs. The profit, however, depends on several factors, including the operating expenses and the cost of equipment.

How much do Bitcoin miners earn? For every successful verification, miners currently receive 6.25 Bitcoins. But this amount gets halved every four years or so. As of May 2022, 6.25 Bitcoins are worth roughly £182,000 – not a bad payday! But first, you need to beat off the competition to validate the block.

## Risks of Bitcoin Mining

Price Volatility: The value of Bitcoin has significantly varied since it was introduced in 2009. During the past year, Bitcoin has traded for less than £25,000 and nearly £65,000. This kind of instability makes it difficult for miners to evaluate whether their reward will outweigh the high costs of mining.

Regulations: Not many governments have embraced digital currencies like Bitcoin, and many are ready to view them sceptically. Due to their decentralised nature, these currencies operate outside government control, and their mining contributes to the carbon footprint. There’s also a risk that governments might outlaw Bitcoin mining or cryptocurrencies altogether.

## Downsides of Crypto Mining – All Revealed

While crypto mining offers high return prospects, there are some downsides to it. Crypto mining uses a great deal of electricity, emitting a giant carbon footprint. It's also associated with regulatory and financial issues.
Crypto mining is an energy-hungry process. Bitcoin mining, for example, uses more electricity than countries like Norway, Sweden, and Argentina. This reflects mining's mammoth greenhouse gas emissions and high costs. 

Therefore, mining tends to occur in regions with low electricity costs. But this also results in worsened environmental problems due to a lack of modern infrastructure, thus adding to the growing energy problem.
The ongoing operation cost isn’t the only expense miners face. The upfront costs to start mining can be ridiculously expensive as well. The hardware miners need, including the mining rig, can cost a few thousand pounds each.

Moreover, running into a problem with your computer isn’t rare. You’ll need some skills to quickly troubleshoot the computer if you run into an issue. Bitcoin mining isn’t for people with a lack of computer know-how. Understanding the mining procedure and setting up necessary equipment requires understanding blockchain and computing infrastructure.

## Crypto Mining: Outlawed in Some Countries

Imagine you've set up your mining rig to mine Bitcoin, only to discover you're not allowed to mine. You must understand the legal aspect of cryptocurrency mining in the region you're mining in.
 
Some countries discourage Bitcoin mining due to its decentralised nature and environmental impact. China's government banned crypto mining as it was concerned about the environmental effect and people using digital currencies for money laundering and fraud. Other countries that banned cryptocurrencies include Egypt, Morocco, Algeria, Qatar, Iraq, Oman, Bangladesh, and Tunisia.

Countries like Sweden want the European Union to halt the 'Proof of Work' mining because of its energy concerns. Implementing this proposal would drastically reduce the number of areas where miners can legally operate.
Another 42 countries, including Bahrain, Bolivia, and Algeria, have implicitly banned digital currencies by prohibiting banks from dealing with crypto or restricting cryptocurrency exchanges.

## Bitcoin Energy Consumption

Bitcoin's estimated energy consumption was around an annual rate of 6.6 terawatt-hours in 2017. But in early 2022, it soared to 138 terawatt-hours, sparking a heavy debate about the growing energy problem and climate concern.

Why does it use so much energy? Bitcoin mining uses oodles of electricity to help computers solve complex mathematical problems to validate transactions. The complexity of these calculations increases as the number of miners grows. Therefore, miners now require more powerful machines and bigger server farms to get a competitive edge. 

The positive news is that the community is trying to mitigate this negative impact by seeking green and cleaner energy sources (such as solar or geothermal energy) for mining operations. Shifting to less energy-intensive consensus mechanisms, such as Proof of Stake (PoS), is another strategy. However, switching to PoS has its own drawbacks. Critics of PoS say this mechanism incentivises hoarding instead of using coins and risks the centralisation of consensus control.

## Should You Mine for Cryptocurrency?

Should you start your own cryptocurrency mining company? The answer depends on your risk tolerance, resources, and knowledge.

First, ask yourself if you understand the process of setting up the equipment and troubleshooting any problems. If you answer yes, then the next question is if you can cover the ongoing expenses and upfront costs involved in cryptocurrency mining. Do you have enough capital, equipment, and access to electricity capabilities to make this project profitable? If yes, have you considered the environmental and legal impact? If the answer is yes, the final question is whether you've considered the financial risks involved with mining. You will be rewarded with the same cryptocurrency when you do crypto mining. The prices of these currencies can fluctuate massively. So, the mining profit could be a huge payoff or next to nothing.

Suppose you have the resources and knowledge and can also tolerate the risks. In that case, you could be ready to do Bitcoin mining and keep the ‘proof of work’ cryptocurrencies working!

## The Bottom Line

Cryptocurrency mining is an energy-intensive process with a powerful mining system that competes to solve complex maths puzzles. A reward is paid, in the mined currency, to the first miner to solve the equation. This process confirms transactions on the network and makes them reliable.

During the cryptocurrency's early days, individual miners using regular computers played a role. However, large mining companies now dominate the ecosystem that runs mining pools worldwide.

Bitcoin mining is also controversial because of its astronomical energy usage. With increasing awareness of climate change and cryptocurrencies being out of governmental control, many countries have outlawed crypto mining. Because of that, several miners have moved operations to regions that use green energy sources for electricity production to reduce the environmental impact.
 
 



Crypto Mining Company: How Does It Work?

Cryptocurrencies like [Bitcoin](/coins/btc), Litecoin and some others are generated through mining. Crypto Tab Browser was designed to make mining easier for miners. The digital world is greatly advancing, including the world of cryptocurrency. Hopefully, Crypto Tab will bring a lot of positive impact for crypto miners. Read on for more insights!

## Crypto Tab Browser

According to the creators, Crypto Tab Browser is an app that supports mining and browsing the web. This browser stands out as the first of its kind.

[Crypto Tab](https://cryptotab.net/en/) is a one-of-a-kind browser used to surf the web and mine Bitcoin simultaneously. If your mining is successful, you get rewarded with the mined Bitcoin. 

You are probably wondering how possible it is for a browser to have the capability of mining Bitcoin, considering the high level of hardware devices needed. 

The app is said to be a free, reliable cryptocurrency mining app, but is it?

## What is Mining?

To fully understand what Crypto Tab Browser is about, you must first understand what mining is and how it works.
The mining process creates new coins for some cryptocurrencies. This helps to maintain the circulation of the coins. 
Mining for most coins, especially Bitcoin, is usually not easy. Mining requires high hardware capable of solving complex problems. The miner who first solves the next block and broadcasts it, if approved, gets added to the blockchain. The miner then gets rewarded with the mined coins. 

Crypto Tab creates an easy opportunity for Bitcoin miners to earn Bitcoin. Miners will enjoy this browser, with its lightweight browsing speed and fast and ready-to-mine feature. The best part is that the browser is completely free.

## Features of the Crypto Tab Browser

Based on the description of the browser by its authors, the browser:

•	Is a super-fast, lightweight browser: This app offers a fast internet speed. Aside from having good mining features, Crypto Tab provides a good browsing experience.
•	It has built-in mining features CryptoTab: this is the unique feature of this app. Mining is a process that requires unique hardware devices, but with this app, you can mine with any device. 
•	It is user-friendly: Users can easily assess the browser
•	Sync everything across multiple devices: The app can be synced with all your devices. 

## What Can the Browser Do?

•	Crypto Tab Browser is a reliable browser with lots of unique features. 
•	Miners can earn on the browser while still surfing the internet. 
•	Mining on the browser is fast due to its fast built-in mining algorithms. 
•	It can be used on all devices, including desktops and tablets. 
•	It mines bitcoin: 

## Some controversies about Crypto Tab

Despite all these positive attributes of Crypto Tab, most people still have their doubts about the browser. 
Although Crypto Tab is a free browser, people still suspect it to be a scam. Whether the browser is a scam or not remains uncertain.


Crypto Tab Browser: What You Need to Know

Will the crypto market recover after crashing down in 2022? This article addresses the crucial topic that most people want to know. We also discuss when to expect bull-run crypto again. Let's start our analysis!
The current crypto market situation is exactly the opposite of what heights it reached in 2021. [Bitcoin](/coins/btc) lost more than 60% of its price value from last year. Meanwhile, Ethereum, Binance Coin, Litecoin, Cardano, Doge, and others are red.

Besides, the Terra Luna crash has left a dreadful impact on the market. As a rising coin, Luna has flattened, and the stablecoin, UST, lost its peg. It has shaken the investor's trust in the crypto market. Overall, the crypto market is in a tailspin, with everyone having the same existential question: will crypto recover anytime soon?

To clarify the doubts, here are some insights into current crypto trends.

## Why is the Crypto Market Down Today?

Several social factors have influenced the recent crisis in the crypto market. Last year, it was Tesla’s pull-out from accepting payments in Bitcoins and China’s sanctions on crypto. But today, it is because of the Russia-Ukraine war and the looming fear of global inflation. Moreover, the debacle of the Terra Luna blockchain has also played its part in this downward trend.

Last year, despite the two happenings, various cryptocurrencies saw their all-time highs. But today, it isn't the case, as the investors' confidence in the market has sunk. Luna's crash resulted in the de-pegging of the stablecoin TerraUSD (UST), which was considered a safe bet for trading.

Besides, the fear of recession has kept people from investing in digital assets. [The inflation in the UK has reached a 40-year high](https://www.bbc.com/news/business-12196322) rate of 9% and is expected to be 10% in the coming months. Fuel and gas prices are also surging worldwide. In this scenario, people are more inclined to keep liquid assets or other risk-free assets.
 
## When Will the Crypto Market Go Bull Run?

The crypto predictions today depict quite a gloomy picture of the market. But, the one thing we can learn from the previous crypto market crashes is that they always result in some innovations in crypto and are part of the cleansing process of the market.

The cleansing of the system usually happens when it hits bottom. So, the question should not be ‘will crypto recover?’ Instead, it should be ‘when will crypto bull run again?’ To figure it out, you must watch Bitcoin closely, as its value directly affects other altcoins.

As of May 27, Bitcoin stands at $29,007.14 and is down by 2.25%. Since the start of the year, it has lost around 60% of its value. Some analysts like Tony Nyman from Informa Global Markets suggest that Bitcoin might fall under the $20,000 mark.

On the other hand, another analyst, Michaël van de Poppe, hoped that if Bitcoin showed resistance at $29.4K, it might make gains and reach the $32.8K mark. But, it is quite unlikely as Bitcoin has already fallen that mark.
According to some analysts, it might go down to as low as $8K by the end of 2022. Therefore, before we see a significant recovery, the crypto market will go through more bleeding to reach the bottom. Nevertheless, it is crucial to understand that the crypto market, like any other market, operates on the supply-demand, and its recovery will depend on it.

## Road Towards Sustainable Stability

The previous crypto market crashes show that there can be an increase in market capitalisation after the continuous downward trend. In addition, for the system’s stability, there is room for certain technological innovations that can overcome the existing drawbacks of the system.

For instance, the January 2018 crypto crash resulted in shaping the DeFi system in the crypto world. In the same way, the current market crash can help us establish a secure blockchain for stable coins, which will resolve the issue of high volatility in the market.

It is exactly what the Chief Marketing Officer of Coinbase, Kate Rouch, has pointed out in a recent blog.

So, as we observed the failure of a stable coin, the current downward trend might bring up better and more secure projects. Moreover, when the market hits bottom, it can naturally wipe out the Ponzi scheme-based projects that run on faulty algorithms.

A market collapse is also a good reminder for crypto investors to educate themselves about the current trends and make informed decisions. As an investor in the current climate, you should take a step backwards and study the blockchain systems before investing money in any.

After all, it gives you another crucial lesson not putting all your eggs in one basket. You must not risk all your life investments on one single token. Instead, it is better to accumulate and trade side by side.


Will Crypto Recover? When to Expect a Bull Run

Tricksters behind the Bitcoin Trader scam have been exploiting pictures of celebrities from the hit TV show Dragon's Den to attract gullible investors to invest.

It is a scam. The pictures and false quotes have attracted investors into a get-rich-quick [bitcoin](/coins/btc) scam on websites and social platforms.

Let's discuss in detail the Bitcoin Trader scam.

## What is Dragon’s Den?

[Dragons' Den, produced by the BBC](https://www.bbc.co.uk/programmes/b006vq92), is a popular UK reality TV show. Promising entrepreneurs put their business visions to professionals and ask for investments.

The show features a board of investors known as "dragons" who are ready to place their own money in potential business visions.

## What is the Bitcoin Trader Scam?

The Bitcoin Trader scam is a phony investment opportunity that falsely asserts that it is connected with the famous BBC show. The scam has distinct versions, but all share one common trait; they ask for money from unsuspecting investors in trade for a fake investment option.

Tricksters draw gullible investors into trading with their money by manipulating pictures of celebrities from the TV show on websites and social media platforms.

The Bitcoin Trader scam is an example of how phony sites exploit the names of renowned public figures, superstars, and TV shows to encourage a get-rich-quick strategy. It's not a genuine investment opportunity, but something to trick innocent people and take their money by luring them with false promises.

Some of the well-known false claims from the Bitcoin Trader scam include:

•	A phony news report asserting Deborah Meaden, one of the investors on Dragons' Den, made a £250,000 investment in bitcoin. It is not true.
•	A bogus interview with Sarah Davies and Jenny Campbell, two new investors on Dragons' Den, asserting they had invested in bitcoin. Again, it's completely fake.
•	A fake interview with Peter Jones claimed he was initiating a bitcoin investment program after witnessing the get-rich-quick bitcoin scheme. This is also false.
•	Last, but not least, Theo Paphitis is said to be backing bitcoin as a lucrative cryptocurrency on the Dragon's Den show. This, too, is phony.

## In Summary

Bitcoin Trader is a scam. It's a phony get-rich-quick system that falsely promises investors enormous profits within a short span.

It is not legal.

Advances in technology bring advances in digital fraud, and cryptocurrency is not immune. Investors should conduct thorough research of the website or social media platform before investing their money.


Bitcoin Trader Scam: Dragon's Den

If you've been searching for a Bitcoin Code review, this article might help.

Nowadays, seeing how much profit it earned some individuals, many people want to get into crypto. Of course, when talking about cryptocurrencies, the first that comes up to one's mind is bitcoin.

The possibility of growing a passive income by trading [bitcoins](/coins/btc) has become very attractive lately. However, numerous auto trading platforms already have bad reviews, so people are being much more cautious about investing. It is hard to evaluate which trading platform is legit and which is a scam.
Bitcoin Code is an auto trading platform for cryptocurrencies that promises "insane returns" and "great profits" with "just a few minutes of work".

As we already mentioned, there is no real way to be sure whether something is a scam or not. The Bitcoin Code is known and has its own growing community of users who claim the scheme has been more than lucrative.

We have witnessed the evolution of different auto trading platforms, such as Bitcoin Revolution, which also has trading robots doing everything for the client.

With Bitcoin Code, everything seems pretty much the same. The user deposits money and then activates the live trading feature and sets stop-loss limits. 

The bots do everything else, such as market analysis, placing orders, and performing transactions.

## What is the Bitcoin Code?

The Bitcoin Code is usually described as an automated trading platform that trades for the client. 

The math seems simple - buying low, selling high. With only a $250 deposit and relying on a sophisticated, 99.4% accurate algorithm, the robot tracks the crypto market and trades 0.01 seconds ahead of market movements.

There is an option of performing manual trades as well, but it's available only to clients with intermediate knowledge of how manual trading works.

## Is it a Scam?

As we already mentioned, it is easy to believe that one can get rich over the night by investing only $250. However, everyone with a little bit of "Poirot" in them can see that Bitcoin Code is a scam.

Everything, including a photo of Bitcoin Code's alleged creator Steve McKay, is fake.

The photo of the alleged multi-millionaire who "has featured on the cover of Forbes magazine" and claims his team can help you "earn a guaranteed $13,000 in exactly 24 hours", is a photo of a rented actor from e-gig website [Fiverr](https://www.fiverr.com/banjoman15).

Also, if you try and look it up on Google, most search results will give the Bitcoin Code good reviews and claim it's the "real deal".

However, if you ask Facebook, things are definitely darker than it looks. Back in 2018, the company had to remove fake Daily Mirror ads stating Martin Lewis, of Money Saving Expert, had made a fortune from Bitcoin Code.

Mr. Lewis is now suing Facebook, which was paid to publish the fake adverts.

Steve McKay, therefore, never has been on "Dragon's Den" or in Forbes. This is a group of crypto scammers, and Steve McKay doesn't exist.
Every trading scheme with his name turned out to be an investment scam that is better to avoid.

However, this scheme isn't illegal per se. Because the client willingly gives their assets (whether it's $250 or even more) and is warned about the potential risks of trading – this cannot be charged as illicit activity.

The only real advice would be that if you want to try legit cryptocurrency trading, you should try some free demos with virtual money and do your own research before making any investment.


Bitcoin Code Review: Scam or Legit?

COTI crypto (“currency of the Internet”), a Layer-1 platform that operates on the Proof-of-Trust (PoT) consensus, has recently turned bullish and left everybody asking – for how long?

As the first enterprise-grade blockchain platform for payments, COTI integrates a so-called directed acyclic graph (DAG) data structure with the demands linked with traditional finance, such as fees, latency, and so on. A DAG is a data structure that enables more efficient and scalable transactions. 

Here, each transaction is confirmed by two previous transactions. It makes a more efficient, transparent, and, therefore, safer network of trust than a traditional blockchain.

## Why is COTI trending?

According to [CoinMarketCap](https://coinmarketcap.com/), COTI crypto is currently trading at $0.19 with a volume of $22,185,025 over a day. However, not long ago, COTI recorded a price of $0.33 and analytics claimed this was only the beginning. During the last month, COTI crypto has witnessed both plunges and jumps, demonstrating the token's volatility. There are good reasons to watch this cryptocurrency.

The first one includes expecting the forthcoming MultiDAG 2.0-layer launch. This will enable the COTI protocol to develop the new tokens on top of its Trustchain. This will also ensure that the COTI mainnet creates a governance token for COTI’s treasury. This new token will act as one more enterprise-driven token built on its Trustchain.

Another reason for its rally is its announced partnership with Cardano’s first NFT Gaming platform dubbed Revelar.

This cooperation includes Revelar implementing COTI stablecoin Djed to ensure a more secure and balanced way to buy and sell NFT game assets on the Revelar platform. Moreover, the Djed stablecoin will ensure the COTI’s presence in new tokenomic models.

Revalar’s integration with Djed is only a part of a bigger plan to create new NFT payment options, such as fiat-backed payment integrations to Cardano.

Shahaf Bar-Geffen, CEO of COTI, said that “by integrating Djed to their platform, Revlar is giving their developers and gamers more stable payment options".

## COTI price performance

COTI crypto's uniqueness lies in the fact that it consistently pays for all the features and makes sure both buyers and sellers are protected within a stable framework. This allows COTI to save time and increase processing speed.

According to CoinMarketCap, COTI crypto rose by 1.77% at the time of writing, with a live market cap of US$199,294,662 and 1,05B COTI coins in circulation.

As we already mentioned, COTI operates a cross-chain bridge and, through reproducing, the bridge constantly processes delayed transactions involving ERC-20 and COTI native tokens.

COTI crypto has been trading almost at a similar price as the ERC-20 version. Both tokens were listed on some of the biggest exchanges, such as Crypto.com, Celsius, Huobi, 1inch, and Coinbase. This also triggered the price surge.

Analysts say that the community built around COTI and Cardano also boosted trading volumes, seeing an almost twentyfold rise since last June.

With these metrics in mind, the conclusion stands that the COTI crypto race won’t be coming to its end anytime soon.

More [Business & Markets news](/news/category/crypto-business-news).


COTI Crypto: Bullish Trend Coming?

What's new with Chia crypto? Well, one of the “greenest” blockchains, Chia Network, recently confirmed it had launched a native, peer-to-peer (P2P) exchange service for its wallet users.

The cryptocurrency, which can brag about being the most sustainable and energy-efficient, said it partnered with Stably to launch a new dollar-pegged stablecoin, dubbed USDS, to support its product 'Offers' within the Chia blockchain.

Offers is the one that enables peer-to-peer asset exchange within the Chia crypto ecosystem, meaning it is possible that tokens that run on the Chia blockchain can be swapped without running through the exchange. 

However, there is a need for two parties – the Maker who makes the offer and the Taker who receives it. Both parties are not required to fully trust each other since the offer is valid only in its original form. Any try to change it - will annul it.

## ‘Offers’ is immutable and secure

Chia also added that as well as being immutable, its new service allows trading in a completely secure manner. That means that both parties control their private keys and their assets.

Furthermore, Offers is simultaneous, meaning the Maker's and Taker's transactions must happen within the same block. This way, one type of Maximum Extractable Value (MEV) gets discarded, so one cannot re-order transactions or increase fees.

In Chia, all transactions conducted within a single block happen simultaneously.

Offers is also non-custodial since it eliminates the need for Over-the-Counter (OTC) desks and other intermediaries who ask their users to submit assets before finishing the transaction. In this case, neither Taker nor Maker has to send their funds to a mediator.

Also, Offers is commission-free since there is no need for escrow services or third parties. There are only Chia blockchain transaction fees included.

Additionally, it is important to stress that a Maker can make an offer for multiple assets on both ends.

## Using Proof of Space and Time (PoST)

Chia crypto is also unique since it uses a new method of trading. Rather than leaning on Proof of Stake (PoS) or Proof of Work (PoW), it uses an even more decentralised protocol called Proof of Space and Time (PoST). This means one must prove he spent a certain amount of time keeping the reserved space unchanged. 

The fintech corporation Stably will also provide wrapped [Bitcoin](/coins/btc) and [Ether](/coins/eth) for the Chia blockchain.

Chia head Gene Hoffman confirmed the main focus was on meeting “critical security and compliance needs to make peer-to-peer transactions safer and easier”.

He explained that the launch of Offers was a first step in meeting those needs and that partnering with Stably to provide US$-pegged stablecoins and wrapped cryptocurrencies was "integral to that process".

Hoffman added that the new partnership would help Chia crypto “hook up” with its “core community of early adopters – entrepreneurs and developers”.

“The stablecoins are a great way for a business to put dollar value into a Chia wallet to buy carbon credits," Hoffman concluded.

Last year, this San Francisco-based startup, created by BitTorrent founder Bram Cohen managed to raise $61 million in a Series D funding of around $500 million. After that, a series of events happened. The most important was Chia partnering with the World Bank in the initiative, which will enable the [Climate Warehouse](https://www.theclimatewarehouse.org/about) “to facilitate the transparent sharing and reporting of climate project information and its issuances”. 
 
 
 



Chia Crypto: Peer to Peer Trading

In the United Kingdom, [regulation](https://brendanbeeken.com/crypto-regulation-in-2022/) for a UK crypto exchange can be seen as somewhat of a grey area compared to the European Union (EU) and the rest of the world.

Before diving into the state of play in the global regulatory realm, we look at why regulation is significant to a UK crypto exchange. Anti-regulation crypto enthusiasts often oppose any notion of regulation being introduced, believing it will hinder innovation and goes against the decentralised nature of cryptocurrency, specifically not being tied to any institution or government authority.

In the eyes of policymakers and many crypto business owners alike, these are the factors in which crypto may have implications on global financial stability:

## Size, scale, and volatility of the burgeoning crypto market 

The collective crypto market cap has reached highs of an estimated $2 trillion with high volatility. At the time of writing, the cryptocurrency market has shed $1 trillion in the last month! The crypto market is forecast to continue growing at a rapid rate sporadically.

## Disruptive innovation effects of the industry

The distinctive nature of cryptos underlying blockchain technology conflicts with existing regulation for traditional methods of cross-border data flow, intellectual property rights, and capital controls. This introduces ambiguity as to how digital assets are treated for taxation purposes and various other policy concerns.

## Correlation to existing financial markets

Earlier enthusiasts insisted that crypto can add valuable diversification benefits as a hedge to one's portfolio. So much so that the OG of crypto, Bitcoin, is still often dubbed "Digital Gold". Recent analysis suggests this is not the case, as there is a strong correlation between BTC and the S&P500 during the Covid-19 pandemic. Figure 1 below displays significant swings in volatility aligned with the trend of the US stock market. 

![Uk crypto exchange image 1.webp](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Uk_crypto_exchange_image_1_539fbfac6f.webp)

 
Figure 1 (IMF, 2022)

For these reasons, policymakers worldwide see regulatory guardrails as imperative to achieving the common objectives of stabilising their monetary systems while championing innovation and economic growth.

## Importance of regulation for a UK crypto exchange

Close to a year ago, Binance, the largest crypto exchange in the world in terms of daily trading volume, was banned by the UK regulator. This caused panic among British users who could not withdraw their fiat funds from the platform. 

Crypto is volatile enough. UK crypto exchanges do not want to be banned like Binance. UK crypto exchanges crave stability, guardrails, and direction from regulators that can inform how to run their business sustainably. Therefore the Moni Talks team and I believe regulation is positive for a UK crypto exchange.

## Regulation fosters stability in the market

For cryptocurrency to unleash its full potential, the industry will need to integrate into the mainstream financial system. This will unlock even more finance and use cases of blockchain technology among institutions and everyday retail investors alike. 

Regulation will guide cryptocurrencies from looking like a gamble to more like an investment.

## Encourages consumer protection and confidence

UK crypto exchanges do not have access to the same capital protection in the case of default as regulated stock exchanges in the legacy financial system. If, one day, investors can be assured that 80% of their funds are recoverable in the case of default, this will inspire wider adoption of cryptocurrencies. It will shift the mindset away from “only invest an amount in crypto you can afford to lose (5%-10% allocation of your portfolio)”.

## Safer Crypto Industry

Although certain cryptocurrency coins like [BTC](/coins/btc) are completely secure, immutable, and transparent, many certainly are not. There is widespread fraud, scams, rug pulls, and market manipulation, which gives the industry a bad name. Scammers took $14 billion worth of crypto last year, a record compared to the $7.8 billion taken by scammers in 2020, according to a report by blockchain data firm Chainalysis.

At Moni Talks , we are a customer-first company and support regulation to weed out bad actors in the industry.

## Current regulatory landscape

Globally, central banks and policymakers are assessing impending regulatory responses to the rise of the crypto ecosystem. The traditional financial system becomes more interconnected with the rapidly growing decentralised finance (DeFi) industry each day. Concerns about how significant the overspill effects of this could be on the systemic stability of the monetary system have been keeping policymakers busy.

Countries from China to El Salvador have started evaluating and implementing different regulatory options. Most countries are broadly aligned in their objectives: to protect consumers, prevent illicit financing, protect the integrity of the market, and promote innovation. 

Some jurisdictions, such as India, have proposed amending existing legislation. The EU and United Arab Emirates (UAE) propose setting up completely new regulators to deal with the industry comprehensively. The UK has adapted. The UK has transposed some of the related frameworks related to [cryptocurrency regulation](https://complyadvantage.com/insights/crypto-regulations/cryptocurrency-regulations-uk-united-kingdom/) in the EU into its domestic law. Many jurisdictions' regulation is in limbo while still being developed before having the ability to be enforced. In Great Britain, all UK crypto exchanges are to be registered with the FCA.

Differing regulation presents arbitrage opportunities, lack of common standards and lingo. The Digital Currency Governance Consortium, composed of more than 80 organisations representing 33 countries, is tasked with facilitating a coordinated approach to regulation across the globe.

Key takeaways of UK crypto exchange regulation:
•	UK crypto exchanges are legal and have registration requirements with the Financial Control Authority (FCA)
•	The sale of crypto derivatives and Exchange Traded Notes (ETNs) are banned
•	Cryptocurrency is currently not considered legal tender
•	The HM Treasury plans to regulate some cryptocurrencies as part of a wider plan to make the UK a digital payment hub.

## Turbulent regulatory timeline for a UK crypto exchange

The UK has transposed some of the related frameworks related to cryptocurrency regulation in the EU into its domestic law. 

On 10 January 2020, the FCA announced that firms offering cryptocurrency services based in the UK are to be registered within one year. 

Importantly, to be classified as a registered UK crypto exchange, a company must comply with Anti Money Laundering (AML) and Countering the Financing of Terrorism (CFT) reporting and customer protection obligations. This ignited a scramble of application submissions inundating the FCA processing resource.

On 6 October 2020, it was announced that the sale of cryptocurrency derivatives to retail consumers was banned by the FCA. This came into effect three months later in order to protect everyday investors from market volatility. 

In December 2020, a ‘temporary registration regime’ was introduced due to the prolonged processing times of all registration from crypto businesses applying to adhere to the licensing requirements. On this register, a UK crypto exchange will be able to continue trading while awaiting determination of it’s application for registration with the FCA. 

More than 80% of applications to the FCA have withdrawn or been rejected on the back of not meeting standards money laundering standards. Crypto has often been referred to as the Wild West and licensing requirements are clearly the new Sherrif in town. 

Gemini’s head of UK, Blair Halliday, said, “The licensing regime is important as it provides customers the assurance that they’re dealing with a firm that has undergone rigorous scrutiny." 

From 10 January 2022 onwards, UK crypto exchange firms, as well as recognised financial advisers and investment managers that market and provide services in the UK market, have to be registered by the FCA. As of 30 March 2022, 33 firms have been registered with the FCA, and only 12 firms remain on the temporary registration regime with notable names such as Revolut and Copper. 


Regulatory Impact on a UK Crypto Exchange

Founded as Atomic Swap in 2017 by Konstantin Gladych, CEO and co-founder of cryptocurrency exchange Changelly, [Atomic Wallet](https://atomicwallet.io/) is often chosen as one of the best wallets.

Described as among the most secure platforms within the crypto-space, Atomic Wallet can brag about supporting more than 500 cryptocurrencies, its improved speed, privacy, and anonymity. It is convenient for both new and existing crypto traders.

According to reports, the Atomic Wallet is optimal for beginners because it is free. It is unique since it enables buying crypto straight through the wallet even if one doesn't own other cryptocurrencies. This is different from some other crypto wallets, which demand users to already have crypto previously bought on some other exchange and then sent to the wallet to begin trading. Furthermore, the Atomic Wallet enables users to store, swap, or exchange almost any coin and token since the Atomic Swap exchange is connected with the wallet. However, it allows the integration with other crypto exchanges for an extra fee.

## Spotlights

The Atomic Wallet’s best features include its price and coin support as well as its security and the, already mentioned, possibility to buy cryptos straight through the wallet with a bank card. The wallet is free, but there are some network transaction fees. The Atomic Wallet's easy-to-use interface makes it an excellent solid option for crypto enthusiasts to securely and anonymously deal with their portfolios.

Alongside allowing users to swap, exchange, or convert crypto-based assets, Atomic Wallet enables traders to win rewards in different ways, like staking and cashback programs.

The exchange is decentralised, so all of the crypto assets are stored on the blockchain. Private keys are also encrypted and stored on private ledgers containing a 12-word recovery phrase as a backup in case a device is lost or stolen.

## Protection
 
Atomic Wallet is protected by the user-created password needed to access the wallet. However, to do so, the user may need to confirm every transaction and confirm private keys.

To back up the password, the user has to remember (or write down) a randomly generated 12-word phrase used to recover access to the wallet if needed.

All data kept on the users' device or sent when making a transaction is fully encrypted.

Atomic Wallet uses so-called AES and TLS encryption for secure transactions. No data is kept on servers, and Atomic Wallet does not keep nor can access users' private keys.

## Supported Operating Systems

Atomic Wallet supports numerous operating systems such as Windows, MacOS, and Linux. 

Most Linux users favor Atomic Wallet as it supports popular Linux distributions like Ubuntu, Debian, and Fedora. The mobile version of Atomic Wallet can be downloaded from both the Google Store and the App Store for Android and iOS devices.

### Cons

Only a few cryptocurrencies ([Bitcoin](/coins/btc), Ethereum, Litecoin, Ripple's XRP, and Bitcoin Cash) can be bought in the wallet by using bank cards. Also, Atomic Wallet is not hardware-compatible such some other wallets.


Atomic Wallet - Best Choice for Crypto Beginners

In July 2021, the US internet sales behemoth [Amazon](https://www.amazon.com/) shook the crypto market after letting out a blockchain and cryptocurrency lead job advertisement.

The ad specified that the company wanted someone to develop the case for crypto, drive the vision and product strategy, and gain leadership buy-in and investment.

According to sources, the directive for this advertisement came from the headman - Jeff Bezos himself - and it meant more than merely looking into options. Allegedly, Bezos was (and still is) interested in implementing cryptocurrencies into Amazon's business, particularly [Bitcoin](/coins/btc), [Ethereum](/coins/eth), Cardano, and Bitcoin Cash. After that, according to reports, the company would develop its native token as well.

Still, even though there were plenty of rumors, they were never officially confirmed. Amazon did, however, hint that it plans to jump into the creation of Amazon cryptocurrency, and the year 2022 was on everybody's mouth.

## Who will be Amazon’s Crypto Head?

According to the job ad, the company searched for "an experienced product leader" to develop a roadmap for Amazon blockchain and cryptocurrency strategy.

It stated that the successful candidate would leverage expertise in blockchain, distributed ledger, central bank digital currencies, and cryptocurrency to drive the concept forward.

This step seems logical since other big fintech companies, such as Facebook, Visa, and Google, also recruited whole teams of experts charged with creating a new blockchain and crypto-related workspace.

## When Could Amazon Launch?

As we already mentioned, there were no official details on Amazon's possible launch date. However, 2022 was the year everyone mentioned when discussing the digital currency that would be standing shoulder to shoulder with Bitcoin and Ethereum.

There is already something called Amazon Coin; a virtual currency that can be bought on Amazon's website and then be used to purchase apps, games, and in-app items from the Amazon Appstore. Each Amazon Coin is worth $0.01 and can be bought in cheaper stacks on the Appstore app, Fire tablets, and the Amazon website. Still, it is not an Amazon cryptocurrency, per se, since these coins are non-refundable after purchase.

In the case of the actual company's cryptocurrency, the users should use it to shop on the Amazon website, trade with it, and, eventually, exchange it for other tokens.

Nowadays, the global finance industry deals with trillions of dollars daily, serving billions of users. However, the whole sector has problems with bureaucracy, high costs, frequent fraud, and constant delays. Third parties such as payment networks, stock exchanges, and money transfer services deal with crime daily. Therefore, the costs of regulation are rising as end-users ultimately bear the burden.

## Amazon to Sell NFTs Soon

Amazon admitted mulling similar projects in the past, even though these projects were rather understated than the one which wraps the Amazon cryptocurrency nowadays.

Amazon already has 'Amazon Managed Blockchain' service that, according to its webpage, "makes it easy to join public networks or create and manage scalable private networks using the popular open-source frameworks Hyperledger Fabric and Ethereum”.

However, the most recent reports show that Amazon is not even near adding cryptocurrencies as the payment option for its retail services but is interested in the Web3 space. Recently, company Chief Executive Officer Andy Jassy commented that even though developing an Amazon coin is not planned for the near future, there is a possibility for the company to sell non-fungible tokens (NFTs) on its e-commerce platform.


Status Quo on Amazon Cryptocurrency Development

Since 2022 started, we have seen signs of a possible cryptocurrency market crash.

The crypto market is highly unpredictable. [Bitcoin](/coins/btc) and other prominent cryptocurrencies, including [Ethereum](/coins/eth), BNB, Luna, XRP, Solana, Cardano, Avalanche, and [Dogecoin](/coins/doge), have experienced falls in value, brushing around $200 billion from the aggregate crypto market.

Five months back, Bitcoin (BTC), the largest cryptocurrency with a market value of $758 billion, reached its all-time high of $69,000, and its [market is currently 42% down.](https://coinmarketcap.com/)

## The question remains the same: is a cryptocurrency crash inevitable?

To understand the question, we need to study the reasons behind the market crash. Let's go through some of the prominent reasons behind a cryptocurrency market crash.

1.   A Dearth of Liquidity in Cryptocurrency Markets
The most notable concern the crypto markets encounter is when leveraged investors liquidate a considerable share of their investments due to the across-the-board liquidity of the markets. Unlike the stock market, there aren't consistently a bunch of buyers waiting to grab up unloaded coins. This is a reason why crashes tend to occur more frequently.

2.   Crypto Security Violations are Driving Fear
Blockchain and network security are additional factors resulting in a crypto crash. This crash is likely to unfold similar to government actors' regulatory disruptions.

For instance, if it seemed that there was a security fault in Bitcoin, that would impact the desire to mine it, affecting the hash rate and all-around price.

And unlike stocks, which are backed by underlying assets, the value of most cryptocurrencies is operated purely by investor view.
Morningstar Investment Management global chief investment officer Dan Kemp said the challenge facing holders is finding cryptocurrencies with 'limited supply and enduring appeal’.

3.   Uncertainty
Uncertainty among investors is driven by many factors, for example Covid-19 and the ongoing war in Ukraine. They aren't sure whether the cryptocurrency market is stable or volatile. Lack of liquidity in the market generates fear among investors. They are likely to liquidate their assets as per the unpredictable situation. This results in an overflow of coins with a limited amount of buyers present in the market, driving a market crash. This again counts as one of the prominent reasons behind the crash.

4.   Crypto Influencers are Driving Volatility
When it comes to sentiment, cryptocurrency investors ought to remember that crypto promoters and key influencers can tweet and generate an inflow of capital. We've seen this occur with Elon Musk's backing of Dogecoin.

Tweeting can have an adverse effect too. The reason behind this is the investor sentiment and crypto's shortage of liquidity. The only solution to the problem is to study the market trend and analyze the technical team and their robust strategy to boost the coin performance.

Answering the central question, no, the cryptocurrency market crash is not inevitable. With the influx of serious investments from institutional investors and advancements in crypto projects, we expect the blockchain industry will mature with time and earn trust from investors as WEB3.0 stands at the door. These crypto projects directly link to real-world applications, and when they go to the profitability section, we could expect the market would get more mature. 

The volatility could reduce to a certain level in the interest of the investors
 
 
 
 
 
 
 



Cryptocurrency Crash - Is It Inevitable?

In this review, we discuss [Bitcoin Trader](https://www.bitcointrader.com/), a cryptocurrency trading bot whose aim is to improve the profitability of crypto traders within the market. 

The [Bitcoin](/coins/btc) robot was developed as a flexible trading tool, merging automated and manual trading tools to benefit a wide range of traders. It is easy to operate and works based on predefined rules set by users. These can be altered at any time; the rules can be changed based on the trader's preference, experience level, or risk appetite.

Machine learning models and artificial intelligence are used by Bitcoin Trader to analyse the markets and spot movements of various trends. Thus, finding the best entry and exit points for trades and increasing the trader's chances of a higher return. The developers of this robot state that it scans the latest market news, analyses trends, and enters trades quickly and frequently, with the system being 0.1 seconds faster than the market itself.

## Strain on Users Reduced

They add that the bot can help with market analysis and reduce the strain of extensive research on users. It is also believed that the bot is 85% accurate. Furthermore, it ties traders with brokers across the world. The broker then bears the responsibility of position sizing and trade execution. 

The system also allows you to set your specifications and trade based on your research. This suits more experienced traders, who better understand the market and are more comfortable conducting their research. The goal is for you to make a profit regardless of your trading strategy or system.

The robot’s speed also extends to its transactions, processing deposits within minutes. Withdrawals are also processed in 24 hours. The bot doesn’t charge any fees for transactions or account maintenance, nor are commissions taken on your trades. This greatly benefits the customer, as your only cost is the minimum deposit, which currently stands at $250. This price is in line with many other crypto trading bots in the financial space. With the demo account, you get the chance to do proper research and improve your position. There is also customer support via email and phone.

#No Software Installation Needed

Bitcoin Trader is a web-based platform, so no software installation is needed, and no updates need to be downloaded. It can be used from any desktop, laptop, tablet, or mobile phone worldwide, providing there is a stable internet connection. Also, even though the name is Bitcoin trader, you can trade a vast number of cryptocurrencies on the platform. Verification is also quick, with the only information required being the user information and their payment details.

The Bitcoin Trader robot seems credible, with a success rate of 85%, and there are no fees apart from its minimum deposit amount. However, there are risks involved, as with any form of trading, that can lead to you losing your initial deposit. Therefore you must approach the bot with caution and proper research before using it to put on trades. You must start with funds that you can do away with and only trade within the appropriate risk parameter and don’t trade over the minimum balance.



Bitcoin Trader Review: What Is It?

Could you spend Elon Musk's money if you had it? And what would you spend it on?

For some, well, not all; it's no news that Elon is known for making bold investments in various industries, like automobiles, crypto, space exploration, etc.

Considering how wealthy he has been over the last decades, this is no surprise - earning a massive amount of money off his investments and being the world's richest man with well over $200 billion in net worth.

Elon holds a significant interest in three important companies; Tesla, SpaceX, and Twitter. The business magnate spent a whopping $2.89 billion purchasing a 9.2% stake in Twitter, which, in turn, made him the company's largest shareholder.

Elon is known for bold purchases and wise investments, and Twitter shares surged about 27% right after the purchase.
 
## Elon Musk's Best Investments To Date

Over time, Musk has invested in Tesla, PayPal, SpaceX, and DeepMind Technologies, which became successful companies.

### Tesla

Even though he wasn't a founding member of Tesla, he was among those who led an early round of financing the company back in 2004. And in 2008, he became the CEO of the company. Today Tesla is a significant EV manufacturer and the largest EV company by sales and market share.
PayPal
 
Musk founded X.com with others and that ended up being PayPal in 2001. When the owners sold PayPal to eBay in 2002, Musk, who with an 11.7% stake was the company's largest shareholder, received more than $150 million.
 
### SpaceX
 
In 2002, Elon founded SpaceX with a mission to innovate on space technology and a primary aim of taking humans to Mars. Pretty lofty goals, right? Since its inception, Elon has helped the company take on significant space projects; in 2021, NASA awarded SpaceX a contract to haul astronauts to the lunar orbit of the moon's surface in its Starship vehicles. 

## How Would You Spend Elon Musk Money
 
Considering how wealthy Elon is, being the richest man on Earth, you must have thought: 'How would I spend Elon Musk's money?'. Here are some ideas:

## Buy Bitcoin in Large Amounts
 
If you're keen on investing like Elon or just looking for ways to spend your money reasonably, you can purchase and hold Bitcoin in large amounts. Yes, it's a wise decision; in the past and present times, famous business magnates have evangelized the importance of owning Bitcoin. 

Why? Because it might just be the next big thing in finance, if it isn't already.
 
## Start or Invest in a Company You Love
 
Everyone is passionate about something. If that's you, then spending money on starting a company of your liking isn't such a bad idea. It's easier said than done, but what are the odds of losing if you try? You get to do what you love and start something you're passionate about that could lead to something big.

## Final Thoughts

Suppose you have well over a billion dollars. In that case, you can invest in companies, companies that you love their products oh so much, and, more so, companies that have the potential to innovate or change an industry constantly over time.

Do you love Apple products or Tesla cars? Investing in Tesla and Apple is a perfect way to spend your money wisely without worrying over significant losses.


 
 
 
 
 
 
 



Spend Elon Musk Money? How Would You Spend Billions?

## Are we on the brink of another crypto market crash?

Anyone following Bitcoin clearly remembers the 2017 craze when the strongest cryptocurrency reached a record of almost $20,000.

Sure, it was a fruitful year for most ICOs and wannabe entrepreneurs who wanted to get rich in no time. However, as it usually happens, the ICO bubble had to pop. At the beginning of 2018, the crypto market crash became inevitable.

In 2019, the CEO of Facebook, Mark Zuckerberg, announced that the biggest social network would enter the crypto space with its own project called Libra. Even though the idea sounded lucrative, many big names started backing out as the US Congress expressed concerns about the lack of regulation within the sector. The price of [Bitcoin](/coins/btc) then went down by more than 30%, below $10,000, followed by other cryptocurrencies. Analysts called it "a period of indecision," and investors hoped that Facebook's entry would bring greater legitimacy to the cryptospace. Even though Facebook changed its name to [Meta](https://about.facebook.com/) at the beginning of 2022, it doesn’t seem the social network affected crypto prices during the period to come.

## Fear of a Crypto Market Crash

Price changes usually depend on other circumstances such as recession, inflation, the geopolitical situation, pandemics, US regulatory actions, and so on. In 2020, Bitcoin jumped to a new record, following the government's stimulus packages to boost countries' economies during the COVID-19 pandemic.

Despite Bitcoin being on its way to becoming a hedge against inflation, it still isn't seen as a safe haven such as real estate or gold. That is why we are witnessing the price of Bitcoin moving along with the US dollar and the overall stock market.
We have often witnessed a situation when new short-term investors start to panic and decide to sell their holdings and, therefore, contribute to the drop in Bitcoin’s value. On the other hand, a crypto market crash can happen when so-called "whales" are involved. Holders with a significant amount of Bitcoin can temporarily affect Bitcoin's price if they make large buyings or sales.

## Crypto Market Crash Inevitable?

2022 started badly for Bitcoin and other cryptos even though the number one cryptocurrency was still 500% up since the end of 2019, primarily thanks to the US Government's COVID-19 stimulus.

The total market cap plunged by more than $300 million since the beginning of the year. This was chiefly due to record inflation and the Russia-Ukraine conflict, leading many investors to worry that a crypto market crash may be inevitable.
At the time of writing, Bitcoin stood at around $46,115 and headed towards a traditionally bullish April. The data shows that during the last six years, April was an extremely good month for crypto, as some speculate it's a psychological paradox connected to the spring optimism.

However, a seasonally bullish April could turn positive for Bitcoin even in the long term, together with stock markets.
The first all-spring month means most of the winter debts have been paid off, and buyers are in the mood to buy on a decline.

Still, there is a reason why a crypto market crash could soon be happening. US investors started to pull out of crypto, liquidating over $101 million worth of Bitcoin and approximately $151 million from Ethereum.
 
 



Crypto Market Crash: Bull April Suggests No Fear

Last year wasn’t easy for [Argo Blockchain](https://argoblockchain.com/) stock. Even though today the price hovers around 73p, back in April 2021, the price was as high as 240p.
Also, if we’re looking at year-to-date results, we can see the price further followed a bearish cycle plunging by 18.11%.
Regardless, that kind of cycle would mean long-term profit for some investors in Argo Blockchain stock – if bought now.

## Mining Rates Concerns

However, let’s look back at what could be the main reason for the underperformance of Argo Blockchain stock.
First of all, there are particular worries regarding the mining rates drop. In February, 37 Bitcoin fewer were mined than in January. That represents a loss of £1.1 million in a month. Just two months before, in December 2021, there were 214 Bitcoins mined, meaning the price of electrical power spent was higher by more than one third.

In February, the [Bitcoin](/coins/btc) network Hash Rate reached a new record of 248.11m terahashes per second (TH/s). That requires high processing power within the Bitcoin network. It also ensures that the Bitcoin blockchain is completely secured and depends on miners who are building the same chain.

Due to the highest global hash rates ever, the company had to spend much more power to mine the same amount of Bitcoin.

According to some basic macroeconomic rules, when an interest rate rises, so do borrowing costs. At the same time, market demand for high-risk stocks, such as Argo Blockchain, falls.

Last month, the Bank of England raised the Bank Rate by 0.25 points, from 0.50% to 0.75%. It blamed the "tightness of the labor market", "robust domestic cost and price pressures", and "the risk that those pressures will persist".
Some analysts estimate the rate will grow by at least six times more this year, and, if that continues, the price of Argo Blockchain stock could drop even further.

## Long-Term Opportunities

According to the company’s report, Argo Blockchain is working on its upgrade of mining capacity. Texas is one of the most important mining hubs in the US, using renewable energy sources, such as wind, to mine. That is why some members of the US Congress think that Bitcoin mining will play a crucial role in rebuilding energy independence within the US.

The company confirmed it is currently working on a massive upgrade of its mining capacity in Texas and hopes to end it in October this year. According to Argo, the new power plant could supply the company with 200MW of extra power, 130% more than current levels.

Also, the price of Argo blockchain stock could reverse its downward spiral since the company recently revealed its new agreement with Core Scientific about swapping thousands of Bitcoin miners as part of Argo's pivot to operating its own crypto mining farms.

This should also ensure more environmentally-friendly mining operations, which could be positive for the company’s environmental, social, and governance reputation.


Argo Blockchain Stock: Is Now the Time to Buy?

Apparel like [BTC Activewear](https://btcactivewear.co.uk/) and similar have benefitted from several shifts in trend over the last decade – especially in the last couple of years. The pandemic has carved the way for work from home and home fitness for many people. And that's when comfortable activewear and sportswear saw a sharp rise in demand and supply.

## Activewear on the rise

Previously, sportswear was a niche for only a particular sporting community and fitness junkies. Only recently, apparel genres like activewear have become popular in the digital clothing market. The sportswear demand grew tremendously over the years due to consumers choosing to look sporty and wear comfortable clothes almost everywhere. This led companies like BTC Activewear to put out fashionable athleisure catering to the ever-growing demand. Brands have reacted well to this fashion trend, invested in cutting-edge technology, and set up research facilities to stay in the game. 

## Major trends in sportswear

As supply and demand have changed over the last decade, the relevance of technology in the apparel industry has become crucial for brands. This change has also brought a greater focus on using environmental-friendly materials to ensure comfort for the consumers. Many brands have incorporated state-of-the-art technology and research facilities to make apparel more functional, provide comfort to the wearers, and regulate temperature efficiently. For instance, Adidas invested around $1.7 billion in R&D while Nike and Puma invested over half a billion in the last decade.

## Why is BTC Activewear in demand?

The lifestyle choices have evolved since the pandemic. People are moving towards a hybrid environment, which makes adaptable attire trendy. Cotton-like clothes or dry-fit cotton with good stretch have become the norm. [BTC](/coins/btc) Activewear offers its wearer a casual look with a functional appeal. Their leggings with phone pockets have become all-time wear for women. Likewise, stretch daily pants with elegant designs and comfortable forms are now commonplace for men. 

In this era, style and trends have changed significantly along with the entire community’s shift in perspective. Now, consumers demand clothes that fit in all settings and make you feel confident. The sportswear and activewear market adapts to this change by catering to their clients’ needs. As a result, people prefer apparel that effortlessly complements their lifestyle while providing comfort and performance during their daily activities.

## What’s the future for apparel brands like BTC Activewear?

Demand for modern apparel brands like BTC Activewear saw a massive rise in the post-pandemic era. People now prefer to follow home fitness regimes and virtual coaching that renewed surge even when the pandemic hit the globe. The supply will also continue to grow around sustainability lines. Brands like BTC activewear are now moving towards pushing for recycled chemicals and more natural fibers, which could be game-changing in reaching the industry's sustainability goals.
 
 
 
 
 



BTC Activewear: Between Sustainability and Demand

Trading 212 is a fintech trading platform based in the UK which was launched in 2004 by Borislav Nedialkov. It makes digital trading available to all investors with no commission trading and customer-friendly platforms. Customers can easily purchase and trade forex, stocks, ETFs, and more.

It is the first brokerage company in the financial industry to deliver 0% commission stock trading in Europe and the UK. This has allowed millions of dealers to access the stock markets on a price-friendly basis. 
The bartering platform Trading 212 is certified and regulated by the UK's FCA (Financial Conduct Authority) and the Financial Supervision Commission in Bulgaria. Also, customer funds are kept in separate accounts and are covered up to £85,000 by the Financial Services Compensation Scheme (FSCS). 

The company's mobile trading application has had more than 15 million downloads. It has been rated by around 180 thousand customers, thus making it one of the most famous trading apps.
The trading platform offers three different account types for its investors to trade. The CFD account authorizes to deal on all major markets, comprising over 2,500 instruments such as forex, stocks, commodities, and indices.

The other two accounts, the Invest and ISA accounts, deliver access to more than 10,000 real stocks and ETFs with instant execution on the market's major deals, including the London Stock Exchange, the NYSE, NASDAQ, Deutsche Borse Xetra, Euronext Amsterdam, SIX Swiss Exchange, Bolsa de Madrid. 

## How to Start Trading with Trading 212

Due to the tremendous market demand, the platform has intercepted account opening as they endeavor to extend its services. For now, users can join a waiting list by entering their email addresses, and Trading 212 will inform them when they can open their accounts. Once the platform is live again, you can use the following steps mentioned below to start trading.

### Step 1: Open a Live Trading Account

To begin with, head over to the Trading 212 website and click on the open account button.

The platform then requires you to enter your personal details, including where you live, your name, phone number, date of birth, and national insurance number. Then they ask you to select the account type that fits your trading plans and requirements and the account base currency.

To finish the initial registration phase, you need to click on the I Confirm button at the base of the window.

### Step 2: Verification

Legal KYC guidelines require client verification to combat financial scams and identity heists.

You are directed to upload copies of your passport or driver’s license and the latest utility bill or bank statement to confirm your identity and address by the Trading 212 document verification team.

### Step 3: Deposit Funds

To deposit funds, click on the account menu at the base of the mobile trading app, choose Deposit Funds, and select your payment mode: bank transfer, credit/debit card, or e-payment. Then select the amount based on your payment mode.

### Step 4: Start Trading Financial Instruments

You can purchase and trade assets with ease of the button on both the web and mobile trading applications.



Trading 212 - A Step-by-Step Guide

So, what if there's a [crypto crash](https://www.investopedia.com/crypto-crash-what-investors-need-to-know-5272147) today? What would you do?

The crypto market is crashing again, and it seems to be here to stay this time. If you're one of those to have lost money in the crypto crash, don't worry! You're not alone.

Here, we will discuss some tips for staying afloat during a crypto market crash.

## Surviving the Painful Market

A down market is always a painful experience for any business. It's not a matter of if it happens; it's only a question of when. 

The sooner you adapt to the current market conditions, the faster you will be able to ride out the inevitable correction.

In the meantime, it's important to take a few steps to ensure that you can continue to operate profitably during times of stress. Here are ways to prepare for a crypto crash.

1.	Don't panic - remember that the market always goes up and down, and this is just a temporary dip.
2.	Do your research before buying any new coins - make sure you understand what you're investing in and why.
3.	Sell off any coins you don't need right now - you may not want to sell at a loss, but it's better to take a small hit now than to lose everything later.
4.	Keep your coins in a safe place - preferably in a wallet that you control, rather than an exchange.
5.	Don't invest more money than you can afford to lose - remember, this is still a high-risk investment.
6.	Try to stay calm and remember that crypto markets are notoriously volatile. Prices could rebound at any moment, so it's important not to panic and sell all of your assets at a loss.
7.	Keep an eye on the news - often, crypto crashes are caused by negative news stories or government regulations. If you can stay updated on the latest crypto news, you'll be better positioned to weather the storm.
8.	Diversify your portfolio - if all of your eggs are in one basket, you're bound to lose money when the market crashes. By diversifying your portfolio across different assets, you can minimise your losses and come out ahead in the long run.
9.	Stay positive - it's important to remember that this is just a temporary setback and that the market will eventually recover. By staying positive and keeping your head up, you'll be better positioned to weather the storm and come out ahead.

## Conclusion

In conclusion, It’s a good idea to diversify your portfolio. But as a crypto investor, you need to diversify more than just your portfolio. Diversification is a big word for something as basic as deciding which cryptocurrencies to invest in.

Don't invest in a specific market, which means avoiding falling in love with anyone's coin. That's why it's so important to diversify your holdings.
 
More [Business news](/news/category/crypto-business-news).
 



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