Nowadays, mining cryptocurrencies have become a bit too expensive Because it consumes a massive amount of electricity and falling prices. Crypto Mining also demands your full-time attention. You would then be able to earn enough profit through crypto-mining when you are willing to invest. Up to $3000 - $ 5000 to manage your operational costs.
With this amount of investment, you would be able to earn up to $50 per day (every day's profits and losses are the ornaments of the business world).
I just read a piece of news at Bit.College’s official blog about a scam by a fraudulent (declared on social media) South Korean exchange. This incident somewhere made me understand the working of Blockchain.
I asked from Jacob, Blockchain Professor at Bit.College that if the blockchain is ultimately secured then how did Bruno and the team plan this scam. He explained to me, “Bruno was granted exclusive administrator rights through the transferDirector function, which can only be performed with his private key. Oyster’s developer then proceeded to create 3 Million PRLs Which he then market sold in KuCoin”. But every transaction is recorded on Blockchain, when we will make an excessive amount of transactions at one time then suspicious eyes would be set upon us.
This linked me to another story, which caused me in pain. If one thinks there is no one in this world to capture his misdeed, Then he really is in misconception.
Once an Old man tried to cross the border illegally without knowing that he is ignoring the standings of intelligence team working in a country. He got caught by them because he was trying to step ahead, taking the way of that tunnel which was right under the roof of cantonment near the border! So the rest of the story he told to his cellmates.
Sometimes Crypto mining makes you a victim of hypertension then most probably it becomes difficult for you to control your Mood swings. You might face problems during standing in a queue, or might become aggressive than usual for violation of rules which you are following.
I can testify to all these problems because I have been dealing with these psychological problems since I have started crypto mining.
I am very grateful to Bit.College (an online blockchain institute). In their course about ICOs, I not only learnt dealing with
these kinds of blockchain psychological problems but also got to know the technique of tracing an illegal ICO. Bit.College gave me the Idea that any ICO could buy social media acceptance, but real white paper comes with mentioning working bodies and description of its product.
I am not telling you that investing in blockchain will help in changing your days within time. Life is the continuous name of struggle, but blockchain can help you to pay your previous financial debts. Which most of the times become your reason for not availing chances. Especially then! When soil seems prepared for seed.
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