Coinmama is a global cryptocurrency broker that was launched way back in 2013. This exchange service is owned by New Bit Ventures Limited, who have their headquarters in Israel. Although Coinmama is deemed an exchange service, users are limited to just buying specific cryptocurrencies, as opposed to trading them. Presently, the only cryptos available to buy on Coinmama are Bitcoin and Ethereum.
The advantage of using Coinmama is that it’s available in a large number of countries. In fact, it supports the widest range of nations; almost 200. These include countries like Algeria, Belgium, Kenya, Thailand, UAE, just to name a few. The only countries that aren’t supported are those that have been sanctioned. Coinmama also supports states in the U.S. including Colorado, Kentucky, South Carolina, Texas, etc. Coinmama also allows buying cryptocurrency with credit cards and offers some of the highest limits among brokers that accept credit cards. You are able to buy up to $5000 worth of Bitcoin in a day and up to $30,000 per month.
Bitcoin exploded in popularity in 2018, and many websites started to launch and offer tools. This led to the popularity of Bitcoin mining calculators. With that said, we've researched calculators and have created a short list of the best ones.
Calculators For Beginners
When you're mining Bitcoins, but you're a newbie, then things can become overwhelming very fast. There is a lot of info out there and many factors that play a role in the profitability of mining. Some calculators are simpler than others, and this includes:
CryptoCompare- When you search Google for Bitcoin Mining Calculator, the first one that pops up is this one. There's a reason why, and that's because you can customize the hash-power, cost per KWh and power consumption, as well as the mining pool fee. You can estimate what your yearly income will be, as well as monthly, weekly or even daily. It doesn't take into account potential difficulty changes that may occur in the future, so it may provide you with over-estimates of profits.
Anything Crypto- We have a page dedicated to showing you profitability of different ASIC miners. This includes skeptical and optimistic predictions, and we take difficulty changes and price changes into consideration.
Weebly has a substantial amount of subscribers at 625,000. Merchant payment processor Square acquired Weebly for $365 million. Square intends on global expansion via this acquisition. A great portion of Weebly users lie outside of the United States, allowing Square to address a bigger audience of entrepreneurs. Revenues are expected to rise from $744 MM to $764 MM. The team members are also included in the merger. Most of the team from Weebly will be joining forces with the Square team.
The merger occurred during late April 2018. The merger is slated to help businesses all over the world. The services of both companies will line up well together. The CFO of Square stated that she feels both companies are culturally aligned. Backers of the acquisition include Floodgate, Sequoia Capital, Tencent, Felicis Ventures, and Y Combinator.
Ripple Aims to Make Investments in Startups That Will use XRP Cryptocurrency
Payments firm Ripple announced that it intends to invest in technology startups to broaden the scope of XRP - its' cryptocurrency which is presently the third biggest digital coin behind ethereum and bitcoin, relative to total market capitalization.
In January and December, XRP rose in value after a crypto market surge that involved bitcoin reaching almost $20k per coin. Collectively, the value of XRP was over $128 billion at its' highest, prior to a January market slump that diminished that value substantially. Now, the coin has a $30 billion market cap, however Ripple has been criticized for XRP's apparent lack of use. Originally, this was advertised as a banking tool, but it has only attracted overseas payment services as clients.
Microsoft stole a march over Google recently, having added the world's numero uno crypto-currency, the Bitcoin, in its search engine Bing's Currency Converter. This has far reaching applications as nobody expected the commonly perceived technology laggard and sleeping giant, the Microsoft Corporation, to wake up to the potential of the Bitcoin currency much before more nimble footed technology majors such as Google and Facebook.
The Amazing Bitcoin :
Bitcoin is what is called a crypto-currency, or a digital currency that exists only on the internet. To put it simply, it is nothing but "internet cash". The Bitcoin monetary system is completely decentralized with no governing or controlling authority. It is completely managed by the consensus of millions of user all over the world connected by the internet. 2013 was an incredible year for the Bitcoin, having appreciated by a phenomenal 1500 % against the US dollar. Currently, as of the time of this writing, a single Bitcoin is worth $ 658 USD. Because of such an incredible increase in value, the Bitcoin is attracting tremendous interest from the investment community. In fact, the highly regarded Silicon Valley venture capitalist, Chris Dixon, a partner with Andressen Horowitz, a major VC firm, has stated on record that a single Bitcoin would eventually be worth $ 100,000 USD.
Bing's Currency Converter and the Bitcoin :
Bitcoin is the latest addition to the currencies supported by the popular feature of Bing, its Currency Converter. Over 50 currencies are supported by the Bing Currency Converter so far. However, Bitcoin conversion may only be made against a much smaller number of more popular currencies, including the US Dollar, the Euro, the Indian Rupee and the British Pound. User may type simple commands such as " x Bitcoin to name-of-currency " to get a conversion from Bitcoin to the specified currency. Example, " 120 Bitcoin to USD" or say "12 Euros to Bitcoin".
Amazon Announces Virtual Currency, Amazon Coins
Earlier this week, Amazon announced their new service, Amazon Coins, which is a virtual currency used to buy apps, games and other in-app purchases.
They kicked off the launch by giving all Kindle Fire owners $5 worth of Coins, equal to 500 coins. Users can buy more Coins, and they can save up to 10 percent for buying high quantities at a time.