Invest In Einsteinium EMC2 Mining

Dec 21, 2017 at 7:47AM With just over a week left to go before the calendar shifts to 2018, I believe it's pretty safe to say that cryptocurrencies absolutely whooped traditional equities this year. Whereas the stock market has historically returned 7% a year, inclusive of dividend reinvestment and adjusted for inflation, and the S&P 500 has handily surpassed that level this year, cryptocurrencies as a whole have left stocks eating their virtual dust. Cryptocurrencies make their presence known When the year began, the combined value of all investable cryptocurrencies was just $17.7 billion, with bitcoin making up the vast majority of this market cap. But as of Dec. 19, the combined market cap of the more than 1,360 cryptocurrencies hit as high as $642 billion. That's a better than 3,500% increase in cryptocurrency market value in less than a year, which is a bigger increase than some investors will see throughout their lifetimes. Image source: Getty Images.

Bitcoin obviously gets a lot of credit for this push higher. It is, after all, the most popular virtual currency in the world, and the coin most likely to be accepted by merchants as a form of payment. This year, we saw the commencement of futures trading in bitcoin on multiple platforms, as well as Japan welcoming the cryptocurrency with open arms as a legal and regulated form of tender. Bitcoin comprises close to half of the aforementioned aggregate market cap of digital currencies. Yet the real story this year isn't the ascent of bitcoin, which has actually underperformed relative to its peers. Instead, it's all about those virtual coins viewed as '.' When the year began, the aggregate value of all digital currencies, excluding bitcoin, was a mere $2.24 billion.

Einsteinium #EMC2 - A Cryptocurrency Project Albert would have been Proud of. It is a long-term investment in our. The mining of Einsteinium is divided into. Einsteinium (EMC2) is a new cryptocoin with the tagline 'Cryptocurrency with Wormholes'. The goal of Einsteinium is to help invest in. All relevant comments and discussions regarding EMC2 BTC.

19, it was as much as $321 billion -- a 14,200% increase! This is where the real value creation has taken place in 2017. Say hello to a unique virtual currency up more than 201,000% in 2017 While a lot of attention has been placed on burgeoning cryptocurrencies like Ethereum and Ripple, both of which have risen by more than 10,000% year to date, their gains to a unique virtual coin that's come out of practically nowhere to surge 201,000% since the year began. Ladies and gentlemen, say hello to Einsteinium and its aptly named coin, EMC2. EMC2 began the year valued at just $0.000875 per coin.

It wasn't even worth a tenth of one cent. 19, its value had increased to $1.75 per coin (and it was actually above $2.50 recently) -- a gain of more than 201,000%. Image source: Getty Images.

Like most virtual currencies, Einsteinium has a token -- EMC2 -- that's tied to its, which is the digital and decentralized ledger used to record transactions. But make no mistake about it, the mission of the Einsteinium Foundation, which guides the direction of Einsteinium's development, is like no other cryptocurrency. Einsteinium's mission is to be a charitable fund for scientific, technological, educational, and blockchain-based studies. It uses a similar proof of work algorithm to that of bitcoin, but is the very first research-focused nonprofit organization in the crypto market space. The 411 on Einsteinium's research projects and block rewards How is this research funded, you wonder?

Every time a block reward is paid out to miners for having proofed transactions, the foundation receives 2.5% of that reward. Of that reward, 80% goes toward funding scientific research, with the remainder heading to donations and marketing. The foundation notes that 16 million EMC2 coins have thus far been contributed for science projects. Like most cryptocurrencies, these block rewards (paid out in EMC2 coins) shrink over time.

This would appear to suggest that mining EMC2 would become less profitable and enticing over time. But there's a solution in place that keeps miners interested: wormhole events.

These wormhole events are random lottery-like EMC2 coin payouts (2,973 EMC2 coins per block) that are given to miners for proofing a block. They're designed to become more prominent as the standard block reward declines over time. What's more, if EMC2 increases in value over time, these wormhole events could prove more profitable for the miners than standard block rewards. Image source: Getty Images. According to the foundation, every 36,000 blocks built into Einsteinium's open-source ledger equates to what it calls an 'epoch.' It takes about 25 days for each epoch to be completed, according to CoinCentral.com.

Once an epoch is complete, members of the community are asked to vote on what project they believe demonstrates the most potential. The chosen project is the one that the Einsteinium Foundation funds. The recent buzz behind Einsteinium's stellar year Now that you have a better of idea of what separates Einsteinium from a typical virtual currency, let's have a closer look at what's been driving EMC2 coins higher of late.

In October, the foundation announced the implementation of a hard fork, which was designed to reduce the number of EMC2 coins by 55 million. This hard fork was completed on Dec. 10, and it reduced the maximum supply of EMC2 from 300 million to 245 million. Why the excitement? Think about this in terms of a company repurchasing shares of its own stock.

Buying back stock reduces the number of outstanding shares, thereby increasing the value of each remaining share, which is now scarcer. The same ideal applies here -- each virtual coin is now scarcer, which presumably makes EMC2 more attractive to investors. Image source: Getty Images. Even more recently, rumors were flying about a 'big announcement' from the Einsteinium Foundation. A few speculators believed it might be a tie-up with Apple, but the foundation quickly threw those rumors out the window.

However, on Dec. 19, the foundation announced a second fork is upcoming.

This time, Einsteinium will be changing the mining algorithm for the EMC2 coin in order to make it ASIC resistant and GPU friendly. ASIC, or application-specific integrated circuit, is what's used to mine bitcoin, and it requires a hefty upfront investment before mining can begin.

Comparatively, GPU's, or graphics processing units, are comparatively cheaper and allow most anyone to get involved with mining cryptocurrencies. In short, the foundation is ensuring that anyone who wants to mine will have an opportunity to do so. Nonetheless, it remains to be seen if Einsteinium, which currently is the 50th largest cryptocurrency by market cap, can maintain its 201,000% gains in the weeks and months to come. Considering the enormity of the move and the lack of understanding of what cryptocurrencies are and do among the public, a significant pullback may well be in order.

It’s hard to miss a coin boldly named Einsteinium, but is interest in this currency worth the trouble and is Einsteinium potentially good investment? Those are the most significant questions imposing in front of this digital coin cleverly known as EMC2. It is sometimes difficult to determine which digital coin is worthy of attention and which coin is just a “one-hit wonder” doomed to disappear from the map of successful and famous digital currencies that are currently available on the market. To help you follow up with Einsteinium and the way things are with this cryptocurrency, we are analyzing this digital token starting from the basics. What is Einsteinium? To determine whether this digital coin represents a good investment or not, we first need to go through its purpose and find out more about this cryptocurrency. Einsteinium’s original intent as you can probably guess is closely related to science.

This digital coin is launched and named Einsteinium with the purpose of having philanthropic, scientific and technological projects funded quickly and in a straightforward manner. As you might guess, Einsteinium, as well as other digital currencies, is based and designed on blockchain technology with the idea of making collecting funds easier and much simpler, focusing on scientific and technological development. Just like some digital coins are created for funding art and artists or are prepared to promote original content and collect funds and organize crowdfunding for different purposes.

Einsteinium is based in Canada, Montreal where it was launched back in 2014, but Einsteinium didn’t get to see much action till after three years later in 2017 when this digital coin began to experience an increase in value and price. With being launched three years ago, EMC2 also became the first research-based ecosystem in the community of crypto values and systems, making it one of the coins with hidden potential for investments and direct operations and utilization that can be done with digital currencies. The existence of Einsteinium consequently conditioned the development of Einsteinium foundation, having this platform focused on charitable and crowdfunding donations that are meant for funding different technological and scientific researching. To make sure that Einsteinium would acquire potential of funding as many types of research as possible, the creators of this digital coin and supporting platform have even arranged that 2.5% of every mined and awarded blockchain is being donated for purposes of funding different researching ventures in areas of philanthropy, science, and technology. Being the first funding platform for scientific researchers, Einsteinium features crowdfunding organizations, education and represents an open source ecosystem. Through different crowdfunding actions being organized through this platform, Einsteinium is making collecting funds a lot easier than it would be with popular crowdfunding platforms because all funds being raised for scientific purposes are not mediated by third parties, so there are only two parties involved which are characteristic for blockchain operating platforms.

That way, raising funds and transferring funds for researching purposes becomes ever so comfortable and amazingly simple. Einsteinium also promotes education and is working on spreading knowledge and educating interested people about blockchain technology and latest scientific and technological improvements, valuing learning as much as monetary value.

Along with promoting education, Einsteinium also represents an open source ecosystem that fosters code functionality and open source operations as vital to having a functional blockchain environment. But, how Einsteinium community decides which projects are being funded first or funded at all? To understand the system of evaluation, we will need to define the term “Epoch.” What is Epoch and how it relates to EMC2? Whenever a blockchain is being mined with successful result of solving an equation and completing an entire chain, miners are being rewarded, and 2.5% of that reward goes for charity and funding scientific or technological researches. But how is it decided which project is being funded first? Epoch represents 25 days, which is the timeline needed for miners to be able to complete 36.000 blocks. After completion of the epoch, the funds raised from the awards earned by having miners working on building blockchains is transferred to Einsteinium Foundation.

The next step would be to include the members who are actively working on this platform, whether is it just holding the coins or getting involved in mining, to vote for the project they think is the most important. The members would be asked to vote to have all projects presented in details so they could easily decide which project has the most potential and which project deserves the funds the most. After the votes are collected and counted, the chosen project with the most votes gets the funds. This process is being repeated after every 36.000 blocks are built by miners, that way creating a never-ending circle of funding projects that are potentially important for scientific and technological development.

Is it Worth It? Einsteinium Foundation along with its crypto coin EMC2 is the biggest and at the same time, the first blockchain based open source community that is involved in collecting funds for scientific and technological projects that are focused on improving and developing science and technology as we know it. The coin is very functional and mineable as well, and if you add the fact that you are helping different potentially essential science projects, owning EMC2 and working on their platforms sounds pretty promising. Given the fact that EMC2 is currently valued at 0.9$ per one coin with a slight decrease in price over the first couple of days of 2018, regardless the decrease EMC2 probably represents one of the potentially profitable investments with a current market cap of 194.6 million dollars. We will be updating our subscribers as soon as we know more. For the latest on EMC2, sign up below! Disclaimer: This article should not be taken as, and is not intended to provide, investment advice.

Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of. Towards the end of last week, we took an objective look at the action we were seeing in the cryptocurrency markets and tried to pick out a few coins that we felt had the biggest potential for turnaround once the markets recovered. As anyone who caught our coverage will already be aware, one of our top picks (and the one that we suggested was probably the most secure coin outside of the majors) was Ripple (XRP). Our thesis was relatively simple. Ripple had tanked in line with wider markets but, unlike many of its competitor coins and peers in this space, the company behind the currency had been pushing forward from an operational perspective and was making some real headway in terms of enterprise-level adoption of its flagship technology. XRP Daily Chart In turn, we suggested that this divergence (between the company’s operational developments and the price of XRP, its representative token) represented a real opportunity to pick up some cheap coins in anticipation of the gap closing out.

And as it turns out, we were spot on. At the time of our coverage, XRP had dipped as low as $0.63 a piece. Remember, this is a coin that was trading in excess of $3 just a few weeks ago. Then, late on Friday,. For those that didn’t catch the news, Santander announced in its quarterly review that the company would be rolling out a mobile device application this year that will support free, instant cross-border transactions for its users in Spain, Brazil, the U.K. And the technology on which the application rests? Ripple’s xCurrent, of course.

Ripple chief executive Brad Garlinghouse announced the move to his followers on Twitter, noting that the app will be released this quarter, and Santander followed up the announcement with a dedicated section in its quarterly presentation, with a spokesperson saying: “We plan to launch this in the next few months, and we can confirm on the record that we plan to use xCurrent in the project.” There’s no denying it – this is a really big deal for Ripple. Indeed, it’s a big deal for the cryptocurrency space as a whole. For the first time, an incumbent in the financial sector has taken a blockchain based technology and bundled it into a use case that’s aimed at the general public, as opposed to being aimed at another financial institution. To put this another way, Ripple has finally been able to bridge the gap between the bleeding edge of blockchain technology and the mainstream general public. So where do things go from here? Well, this is one example of Ripple’s pilot programs coming to fruition. That is, making the jump from pilot program to commercial application.

With a large number of these programs ongoing, this latest news reinforces the suggestion that there’s real value in the ongoing programs and that they will likely bridge through to commercial use once the programs in question complete. It’s important to note that XRP won’t play a role in the Santander application – at least not initially – but this isn’t too much of a big deal. It’s a major vindication of the company’s ability to score big-name partners and, for us, is a strong signal that Ripple remains one of the top recovery plays in the market right now. We will be updating our subscribers as soon as we know more. For the latest on XRP, sign up below! Disclaimer: This article should not be taken as, and is not intended to provide, investment advice.

Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of Ripple.

The cryptocurrency markets have taken a real beating over the last couple of weeks and especially throughout this week, with many of the major coins (bitcoin, Litecoin, etc.) trading at a more than 50% discount to their price just a few days ago. This, of course, has translated to a real weakening of sentiment and the confidence that many of the later entrants had in their (arguably late entry) positions has all but dried up. People are exiting the market in spades and the selloff is resulting in a further weakening of price.

This, in turn, is translating to more panic and an increased number of market exits and so on and so on. This sort of action will be familiar to many. It’s a self-fulfilling spiral that compounds sentiment and it’s essentially the opposite of what caused bitcoin and its peers to run up into the end of last year.

Late entrants forming weak and fundamentally inaccurate biases and responding to these biases by pulling the trigger. In November and December, it was a trigger pulled on a buy position. In January, the trigger is being pulled on a sell. The thing is, now is not the time to sell. Sure, markets got overexcited at the end of last year and some coins ran up farther than they perhaps might have done if the crypto space had of remained under the radar. Sure, the entry of a futures market and the concurrent wave of media coverage that came with bitcoin shifting into the mainstream consciousness perhaps created a buying frenzy which, in turn, pushed prices above and beyond sustainable levels. BTC Daily Chart When this happens, however, we generally see a correction, a bottoming out, some degree of rationality return to a market and, in turn, a return to the overarching trend which, in this case, very much remains to the upside.

People forget that Bitcoin (BTC) was trading below $900 this time last year. Litecoin (LTC) was at $5 twelve months ago. Some of the more functional tokens, things like Ripple (XRP), were trading for fractions of a penny. Many didn’t even exist.

What we’re trying to say here is that the vast majority of coins that exist in today’s market and that are down circa 50% or so on early month January highs remain up thousands of percentage points on their respective twelve-month pricing. Put things in perspective, then, and you see that this pullback is a natural correction on an overheated market and one that simple serves up a long overdue return to sensibility, as opposed to any indication that the cryptocurrency run has come to an end. For those who need a bit of persuasion, look at this space as if it’s a thirty-year trend, a long-term technological shift.

We’re less than a decade into it and while exuberance led to the space running away with itself a little, the excitement is now reigned in and the industry can resume on the path towards changing the technological (and indeed, global industrial) landscape of the future. Bottom line: let the panic sellers exit their positions cheap and, if you’ve got the capital, pick up some cheap coins as they unload. When things return to normal, the same sellers will be scrambling to buy back their coins and will be forced to do so at a premium to the rice at which they’re unloading them right now. We will be updating our subscribers as soon as we know more. For the latest on Bitcoin, Ripple and Litecoin, sign up below! Disclaimer: This article should not be taken as, and is not intended to provide, investment advice.

Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of Global Coin Report Archives. 2017 saw a massive increase in awareness of cryptocurrency thanks to the huge increase of Initial Coin Offerings (ICOs).

Investors swarmed the numerous new coins available, making it the must-have investment product of the year (well, up until the end that is.) The reason for its success and failure as an investment tool is due to the simple fact that the coins were meant to be used in daily life – all that was missing is the infrastructure needed to make it easy. Yet The Current System Doesn’t Work However, there are two issues surrounding utilizing cryptocurrency in daily life.

The first is that few retailers accept cryptocurrency at all. Bitcoin Cash BCH Miner Program here. The second is that those who do accept these digital currencies typically only accept one out of the dozens of varieties available. Meaning it is possible to have a fortune of cryptocurrency in your pocket and be unable to spend a single penny of it. Bitcoin, Litecoin, Ethereum, and more are being actively traded every day with new coin systems being minted just as quickly. With an estimated total market capitalization of $660 billion, there is a great deal of opportunity for ICOs to help spur the next stage of consumer spending and economic growth, but ICOs will have to bridge the divide between digital and physical. How can we solve this challenge?

Take MoxyOne, for example. It was founded with the simple goal of providing the infrastructure needed to help ICOs make the transition from an investment vehicle to viable currency. For its part, MoxyOne provides white-label services for companies seeking to offer a complete cryptocurrency solution for their investors and clients. This includes a “banking” solution that makes spending the coins as easy as swiping the provided debit card. Beyond working with other coin platforms, MoxyOne is also offering its own cryptocurrency known as SPEND tokens, offered for distribution through the respectable Cryptopia exchange platform. More platforms are coming soon, as well. MoxyOne’s Exchange Listing Consultant Rick Kennernecht is working to secure new partnerships with a wide variety of exchange platforms such as EtherDelta.

Recent successes in this endeavor include a partnership with the Decentralized Social Networking Platform Social (SCL). How to Integrate Digital Wallets with Physical Debit Cards By using the latest in digital wallet technology, MoxyOne has made it possible to securely handle transactions worldwide wherever debit and credit cards are accepted. All the end-user needs to do is install the app and activate the card – from there it is as simple as managing a traditional bank account, without the fees. This works through the implementation of Just In Time Funding (JITF) which allows for the instant sell of cryptocurrency into the required traditional currency as the user spends it.

This means that the greatest hassle involved in modern cryptocurrency – using it in the real world – has been eliminated in a way that is completely seamless for the end-user. The only fee incurred is the traditional platform exchange fee built into all cryptocurrency platforms. This platform will be released in early 2018, with a pre-sale beginning February 8, 2018, and ending on March 10, 2018.

The public ICO starts March 14, 2018, until April 14, 2018. MoxyOne will leverage Raiden Network’s micropayment technology for speed and Gladius’ DDoS technology for stability and overall security.

Long-term goals will include integrating with the COMIT network for increased blockchain interoperability and overall access. In addition to JITF, we enable individual organizations and buyers to obtain the cryptocurrency directly from the holder. In addition to receiving the coins, a number of extra tokens will be provided to cover any extra expenses.

This will help grow the platform and incentivize end users to utilize every feature of the MoxyOne platform. Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.