MoonLite Is Giving Investors A Chance To Get Started In Crypto Mining 201

With the overall market capitalization of cryptocurrencies gradually trending towards $1 trillion, increasing from just under $20 billion at the start of 2017 to over $700 billion at the beginning of the current year, it’s simply a good time to invest in the revolutionary technology called blockchain. Last year alone, bitcoin, the pioneer cryptocurrency, which introduced the blockchain technology too, rose from the $1000 region at the beginning of the year to over $19,000 at a point during the year.

Over the past month, or so, cryptocurrencies including ethereum, litecoin and ripple have enjoyed impressive rallies too. With governments and financial institutions around the world exploring the possibilities of issuing some form of cryptocurrency to benefit from the improved efficiency that blockchain powered money brings to the digital world, it’s safe to say that cryptocurrencies are here for the long haul and they’re likely to change the way we use money. The case for investing in blockchain and cryptocurrencies has never been stronger. The problem, however, is that the cryptocurrency market is plagued with instability and many useless coins, making it difficult for long-term investors to find a good entry points. Moreover, at present, partly because it’s still early days, it’s currently difficult to determine what a fair value is for cryptocurrencies. So this leaves the question of how to, genuinely, benefit from the blockchain and cryptocurrency revolution over the long term.

One effective way is to invest in cryptocurrency mining, the process that generates new cryptocurrencies. Many of the major cryptocurrencies including bitcoin, ethereum and litecoin depend on mining to function.

What miners do and why they’re important

Mining cryptocurrencies simply has to do with the process of verifying cryptocurrency transactions and adding them to the public ledger. Recall that crypto transactions are peer-to-peer, which means there are no intermediaries. In order to maintain the integrity of the system and avoid double spending, which had been one of the things that the traditional banks do, miners serve as witnesses to transactions. To verify transactions, miners use a computer or group of computers to solve a mathematical puzzle, called cryptographic function and they are rewarded with freshly generated cryptocurrency – the part that’s actually the mining. Miners can either sell the cryptocurrency rewards for fiat money on exchanges or keep them as an investment to bet on an increase in the value of the cryptocurrency. Just to point it out, it’s the process of mining described here that leads to an increase in the number of cryptocurrencies in circulation.

Is cryptocurrency mining profitable?

In a similar fashion to the saying that “not all cryptocurrencies are created equal,” all cryptocurrencies aren’t equally profitable. Cryptocurrency mining is designed to increase in difficulty as the number of miners of a particular cryptocurrency increases and the number that cryptocurrency in circulation increases. Consequentially, the cost of mining a cryptocurrency tends to increase as the usage of that cryptocurrency increases. So there’s simply no one formula to determine if cryptocurrency mining is profitable on an overall basis. Like all businesses, it would depend on the set up — like how much computational power is allocated to the mining of the cryptocurrencies of interest and the energy tariffs at the mining site. On a general basis, setting up a mining operation that is profitable depends on the ability of the owners to identify areas where energy costs are relatively lower and the cryptocurrencies that offer lower costs on a relative basis so they can assign them more computing power just to optimize operations.

Specific cryptocurrencies like bitcoin and ethereum have been said to be profitable for miners. For instance, bitcoin miners in China reportedly break even at $6,925 per bitcoin when energy cost in China is at its highest, according to Bloomberg New Energy Finance. With bitcoin hovering around the $14,000 mark, this means that bitcoin miners in China potentially making about 100 percent profit.

In addition, a calculation on the website Ethereumin suggests that, with a Geass ASIC setup, which cost about $2,289 with the capability to provide 200 MH/s (mega hashes per second) in hash rate, your profit could be 18.215 ETH in a year. With this sort of profit margin, it’s safe to say that a properly set up mining business should be profitable over the long haul.

How to Invest In Cryptocurrency Mining

There are mainly two ways to invest in the cryptocurrency mining business. You can setup either your own mining operation or investing in a mining business. If you have the technical expertise and time to start your own mining rig, as it’s commonly called, it could be profitable. However, for most people, the best option would be to invest in a mining business and one of the easiest options is to buy tokens during the ICO of a cryptocurrency mining company.

MoonLite is one of such companies. The MoonLite project is an industrial scale cryptocurrency mining operation focusing on the mining of all forms of bitcoin, litecoin and dash.

Cryptocurrency mining operations have been under pressure in recent times for the amount of energy they consume. In fact, Power Compare, a U.K. energy tariffs comparison platform cited Digiconomist, a cryptocurrency power usage tracking website, to suggest that bitcoin mining operations now account for approximately 0.13 percent of the total global electricity consumption. Going by that number, if bitcoin miners were a country, they would be the 61st largest consumer of electricity in the world. While some researchers have argued that Digiconomist’s data has a few layers of error in it, there’s no denying that bitcoin mining consumes a considerable amount of energy — just like any set up of computers doing high-level computation.

These consumption issues have started making governments around the world look into crypto mining operations. In the end, only cryptocurrency mining projects built to be efficient in terms of energy would win. That’s one thing to like about the Moonlite project.

Moonlite is building its first datacenter in Iceland, which is the unofficial capital of the world datacenter due to its inherent need for more heat energy that datacenters could offer. Moonlite datacenter will be running at roughly 14.6MW with 100 percent of the power coming from green sources. The mining company has been able to lock down a 12-year fixed and guaranteed energy cost with the Icelandic Power Producer at a huge discount to the local energy cost. It’s worthy to note that Iceland already has one of the cheapest energy tariffs in the world.

MoonLite plans to start its ICO on February 28 although it’s currently offering a presale, which will end before the start of the main ICO. Another unique thing about the MoonLite ICO, unlike many ICOs, is that the MoonLite tokens confer voting rights on all of the company’s financial, HR and branding affairs through Secure.Vote. That offers an extra layer of security and transparency that’s often missing in the ICO market.

To bring it all together, in world that’s filled with over a thousand cryptocurrencies from which one is to decide which ones are worth an investment, it might help to look in the direction of companies like MoonLite who help bring cryptocurrencies to the market.

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‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem 8514

Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major Grants

Moonbeam Network, a smart contract platform for building cross-chain connected applications, announced the ‘Moonrise’ initiative anchored by a 2024 Product Roadmap that includes the introduction of parallel processing to improve throughput by 8 times, upgrading ecosystem integration, improving the developer and user experience, and more. Moonrise signals the next phase in evolution for Moonbeam and canary network Moonriver, which is incorporating Axelar bridging technology.

More than two years since its mainnet launch in January 2022, Moonbeam is well-established as the leading solution for integrating networks such as Polkadot, Ethereum and the broader EVM ecosystems. The 2024 Roadmap demonstrates Moonbeam’s dedication to continually improving its cutting-edge performance and experience for developers and users.

The Moonrise initiative is reflected in a comprehensive rebrand of Moonbeam’s look, underscoring how Moonbeam is more than a chain. It’s a hub for developers, Web3 enthusiasts, interoperability supporters and more.

“We’re beyond excited to reveal Moonbeam’s new look in conjunction with our ambitious plans for 2024. This year we are implementing improvements, upgrades and announcements to all facets of the Moonbeam and Moonriver networks,” said Aaron Evans, Head of Operations at Moonbeam Foundation. “As our passionate community of supporters knows, Moonbeam is a modern blockchain with features for developers and users that are still just a dream for other networks that remain in testnet phase.”

A lynchpin of the 2024 Roadmap is enhancing the core protocol with the introduction of asynchronous backing, a form of parallel processing that will quadruple block space and halve block times to 6 seconds, resulting in an 8x increase in overall throughput for Moonbeam.

More improvements include ensuring compatibility and seamless interoperability with Ethereum’s gas-saving Dencun upgrade, substantial upgrades to the UX for Moonbeam Routed Liquidity, and improvements to governance mechanisms.

Other highlights include:

  • Ecosystem Integration: Glacis integration for reliable cross-chain transactions, Tanssi integration for appchain deployments, revitalized Moonriver with Axelar’s Amplifier program for bridging and a v3 AMM liquidity program.
  • Developer Tools: Governance tracks for dApps, support for EIP-4337 Account Abstraction, expanded tooling integration for ease of development, deployment, and debugging/monitoring.
  • User Experience: Zero Knowledge Initiative (zkAuth) for Web2 authentication, tokenomics incentive updates, and streamlined stablecoin flows.

The series of initiatives will begin rolling out immediately and will continue to be deployed through Q3 and Q4 of 2024, and into 2025.

To check out Moonbeam’s new website and follow the network’s upcoming developments, see: https://moonbeam.network.

About Moonbeam Network

Moonbeam is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. By uniting functionality from Ethereum, Cosmos, Polkadot and more into a single platform, Moonbeam solves today’s fragmented user experience — unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access services across many remote blockchains. This approach, plus Moonbeam’s developer-friendly EVM platform, vast tool support, and modern Substrate architecture, creates the ideal development environment for building connected applications.

MAR Mining Received US$100 Million in Strategic Financing to Bring a Better Experience to Users 8508

MAR mining, the leading decentralized governance infrastructure, announced the completion of another US$100 million round of strategic financing. This financing will accelerate the adoption and strategic expansion of MAR mining’s decentralized governance and public goods financing technology stack.

MAR mining is a leading cloud mining infrastructure focusing on decentralized governance and public goods technology. Its core products include flagship public goods staking infrastructure that enables blockchain incentive-driven ecosystem financing; MAR mining, an application chain that hosts contract protocols; privacy protection and contract mechanisms that democratize public goods financing.

How to start cloud mining

Step 1: Choose a Cloud Mining Provider

MAR Mining is a powerful cryptocurrency mining platform that allows individuals to earn Bitcoin passively, without any strings attached, regardless of technical knowledge or financial resources. Once $100 worth of Bitcoins are mined, they can be transferred to their account and traded. The individuals can withdraw them to their personal wallet.

Step 2. Register Account

MAR Mining offers a simple registration process: the individuals just enter their email address. Sign up now and get $12 for free to start mining Bitcoin.

Step 3. Buy a Mining Contract

MAR Mining offers a variety of efficient mining contract options: contract prices range from $100 to $10,000, and each package has its own return on investment and a certain contract validity period.

Step 4: Earn Passive Income

Cloud mining is a great way to increase their passive income. Earn passive income the day after purchasing a contract. Passive income is the goal of every investor and trader, and MAR mining is the best option to achieve this goal.

Platform Advantages:

  • Get $12 free immediately after signing up.
  • Get $0.60 every day you log in.
  • The level of profitability is high, making $1,000 a day is not a problem.
  • No additional service fees required;
  • Cloudflare® security protection;
  • 24/7 technical support.

Conclusively, if the individuals are looking for ways to increase their passive income, MAR mining is a great option. MAR mining can help them grow their cryptocurrency wealth in “autopilot” mode with minimal time investment. Passive income is the goal of every investor and trader, and with MAR mining individuals can maximize their passive income potential easier than ever.

For more information about MAR mining, please visit the official website: https://marmining.com/xml/index.html#/.
Download MAR MiningAPP https://marmining.com/download/.
Website : https://marmining.com/

Connext Rebrands to Everclear and Launches the First Clearing Layer Protocol to Fix Liquidity Fragmentation 8489

Connext, the leading protocol for blockchain interoperability, has announced its rebrand to Everclear to build the first Clearing Layer for Web3, aimed at solving liquidity fragmentation for modular blockchains. As part of this shift, the protocol has also secured $5 million in a private transaction* with Pantera Capital to diversify its DAO.

Modular Fragmentation

As L2s have become faster, cheaper, and easier to launch than ever, the number of new chains has grown exponentially, with 53 already up and running and even more on the way. This has created widespread fragmentation of liquidity and UX.

Last year, the Everclear (prev. Connext) team introduced the Chain Abstraction vision: users should never need to care what chain they are on. Today, there is a growing ecosystem of teams working to realize this outcome, primarily using a technology called intents that allows users to offload the complexity of managing connections to many chains, paying gas, interacting with bridges, and other user experience headaches to third-party service providers called solvers.

Despite the growing popularity of cross-chain intents, solving remains a highly centralized activity, supporting only a small number of ecosystems, largely due to the cost and complexity of rebalancing inventory between chains.

“For Chain Abstraction to truly fix fragmentation, we need intents to work with every chain, every asset, and every application,” said Arjun Bhuptani, co-founder and Chief Researcher at the Everclear Foundation, “This means we need to rapidly improve the economics of solving and rebalancing liquidity for everyone, not just top market makers.”

Clearing Things Up

The Everclear team believes that a number of industry-wide problems related to fragmentation, such as solver rebalancing, the complexity of building liquidity on new chains, the trend of deploying copies of dApps to each chain, and the lack of widespread CEX support for L2s, are all manifestations of single core problem: market participants today are playing an isolated, PVP game for managing liquidity across chains.

On a global basis, however, bidirectional flows of liquidity between chains are quite balanced on average, with over 80% of daily volume netting off between chains. In other words, out of every $100 transferred into chains like Arbitrum per day, there are typically $80 transferred out.

Everclear introduces a new primitive: Clearing Layers. Clearing Layers are public networks that let market participants coordinate the netting and settlement of capital flows between chains. Clearing Layers act as the foundation of the emerging Chain Abstraction stack, powering optimal liquidity and settlement for intent protocols, solver networks, market makers, and CEXs.

Everclear estimates that through a combination of netting and integrating into asset & ecosystem-specific settlement approaches, such as CCTP for USDC, their system can reduce the cost and complexity of solving (and other liquidity management across chains) by as much as 90%. Everclear is a modular system comprised of an open network of intent solvers and the Everclear chain; an Arbitrum Orbit rollup, leveraging Hyperlane and Eigenlayer under the hood to connect to other ecosystems.

Lauren Stephanian, General Partner at Pantera Capital, said, “We’re excited to support Everclear in its mission to streamline blockchain interoperability. We believe this innovative Clearing Layer will transform the way liquidity is managed across modular blockchains, directly enhancing user experience and operational efficiency across the ecosystem.”

The rebrand to Everclear follows Connext’s recent growth to over $1 billion in TVL and over $500m in monthly bridge volume while maintaining 99.4% network uptime. This exponential growth has been driven by Connext’s expansion to 10 supported chains and the introduction of its Restake from Anywhere module in partnership with Renzo Protocol.

Everclear’s testnet is live today with the mainnet scheduled to launch in early Q3.

Everclear launches with strategic partners including Eigenlayer, Arbitrum, Hyperlane, and Gelato. It brings together supporters including Polychain, Consensys, 1kx, Ethereal Ventures, Coinbase Ventures, Polygon Ventures, Hashed, OKX, NGC, KX Bank, Huobi, a_capital, Edge and Node, eGirl Capital, Dokia, IOSG, Metacartel Ventures, Figment, Scalar Capital and No Limit Holdings. Ecosystem partners include Renzo, Metamask, Alchemix, DappRadar, LiFi, Socket, AltLayer, Gnosis Zodiac, and Lucid. Infrastructure partners include The Graph, P2P, and BWare.

About Everclear

Everclear is building the first Clearing Layer for web3. Everclear solves fragmentation for modular blockchains by coordinating the global liquidity settlement between chains. Everclear aims to build an open and accessible future where users can reap the benefits of blockchains without specialized knowledge or exposure to unnecessary risk.

For more information, please visit https://everclear.org

Orbs Liquidity Hub Expands to Fantom and Integrates With SpookySwap 8975

Leading Fantom AMM SpookySwap has announced the integration of Orbs’ flagship L3 protocol, Liquidity Hub. The addition of Orbs’ Liquidity Hub to SpookySwap will allow Fantom users to optimize their onchain trading while incentivizing liquidity providers.

The rollout of Liquidity Hub enables SpookySwap users to access deeper liquidity procured from a broad range of onchain protocols on Fantom. Powered by Orbs’ advanced L3 technology, the solution provides significant improvements in pricing, resulting in an enhanced user experience.

The expansion of Orbs Liquidity Hub to Fantom marks the technology’s fifth deployment on an EVM chain and is a milestone in providing SpookySwap users with greater control when executing token swaps. In addition to supporting more efficient pricing, Liquidity Hub protects against Maximal Extractable Value (MEV), enables gasless trades, and delivers enhanced capital efficiency within a streamlined user interface.

As a fully decentralized and interoperable protocol, Orbs Liquidity Hub allows DEXs to draw liquidity from a combination of on- and off-chain sources. This is achieved without incurring custodial risk or compromising on the permissionless design that is inherent to the value proposition of DeFi. SpookySwap users can now access these new features and benefits without incurring any additional costs.

Liquidity Hub operates as an L3 that forms an optimization layer above the AMM. It taps into external liquidity to deliver better price quotes, allowing trades to be executed with less slippage. As a result, traders can capture more value from every swap they make.

Liquidity Hub harnesses third-party solvers who compete to fill swaps with liquidity procured from AMM pools or their own private inventory. It also enables decentralized orders to be accessed via API, allowing institutional and professional traders such as market makers to submit bids and compete to fill swaps. If the layer cannot execute the trade at a better price than the AMM, the transaction will return to the AMM contract and execute as normal.

From a user perspective, Liquidity Hub maintains SpookySwap’s familiar user interface, ensuring a seamless and intuitive trading experience. Its introduction to Fantom follows similar integrations that include Quickswap on Polygon PoS and zkEVM, Thena on BNB Chain, and IntentX on Base, aggregating liquidity across multiple chains.

About SpookySwap

SpookySwap is an automated market-making (AMM) decentralized exchange (DEX) for Ethereum Virtual Machine (EVM) compatible networks. Different from other DEXs, Spookyswap invested in building a strong foundation with its BOO token as a governance token, diverse farms, a built in bridge, built in limit orders, and user-centered service.

Learn more: https://spooky.fi/

About Orbs

Orbs is a layer-3 public blockchain infrastructure project powered by PoS, pioneering on-chain innovation since 2017. Orbs is a separate execution layer on top of L1/L2 chains and under the application layer as part of a tiered blockchain stack, enhancing the capabilities of smart contracts and powering protocols such as dLIMIT, dTWAP, and Liquidity Hub. The project’s core team comprises more than thirty dedicated contributors from Tel Aviv, London, New York, Tokyo, and Seoul.

Learn more: https://www.orbs.com/

Mattereum GmbH Launches Mattereum Airdrop Referral System (MARS) for MATR Token 10245

Having launched the MATR token via fully regulated exchange Swarm, Mattereum GmbH are pleased to announce the Mattereum Airdrop Referral System (MARS) that enables participants to be rewarded with MATR tokens when they refer new buyers.

Administered by Mattereum partner MintWin.xyz, the MARS programme comes with opportunities to unlock several multipliers

  • Sell more than 1000 MATR tokens to earn 10% in MATR as a reward
  • Sell more than 10,000 MATR tokens to earn 15% in MATR as a reward
  • Sell more than 20,000 MATR tokens to earn 20% in MATR as a reward

To earn MATR tokens from the MARS programme participants need to:

  • KYC with Mattereum GmbH’s fully regulated German crypto exchange partner, Swarm
  • Get their own referral link, available from mattereum.de/mars 
  • Promote MATR to their friends through any channels they choose using the link, enabling them to reap the multiplier benefits.

The MATR token, with its huge potential for use in the RWA ecosystem, provides token holders with up to 50% discount when using Mattereum to deliver protected real world assets to buyers on the blockchain. These discounts are available in no other way.

MARS gives MATR token purchasers the opportunity to be part of a global community which will grow the world’s RWA ecosystem on chain and, if they wish, to list their own assets through Mattereum. Potential real world assets Mattereum can work with include gold bullion, real estate, fine art, and more, anything a customer chooses.

Vinay Gupta, Mattereum CEO said: “Mattereum will revolutionise RWA creation for the entire Ethereum space. The MATR token is a very straightforward proposition: it makes creating RWA tokens more competitive. None of this “If you don’t know where the yield comes from, it comes from you” nonsense. You use this token to get things done!

The MATR token has clear, simple, solid legals, like all Mattereum Group projects. It’s a discount token: it does not generate yield from work done by magic space elves.

The MATR token’s economic proposition is obvious: the bigger the asset, the more benefit for the token holder.

MATR works for projects, works for protocols, works for people. Anybody issuing assets should use Mattereum and MATR.

The Mattereum Airdrop Referral Programme (MARS) is simple: you can earn your own tokens by spreading the word to your network and the world.

The Real World Asset revolution will stay decentralized.”

MARS rewards participants with MATR tokens for referrals in an extremely attractive and simple way.

Uphold’s Topper Joins Forces with Coindisco, Streamlining Crypto Purchases for Users Globally 9994

This partnership provides Coindisco’s community with a reliable, regulated, and trusted payment system that drives more approvals and more revenue from more digital assets.

Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, integrates today with Coindisco for buying and monitoring the user’s preferred crypto assets. This Topper integration ensures Coindisco users can enjoy seamless trading with multiple payment options, high transaction approval rates, and expedited transaction processing.

With a diverse range of over 200 digital assets and coverage in more than 140 countries, Topper manages know-your-customer, anti-money laundering, and financial risk controls, freeing brands to focus on delivering excellent products to their customers.

“This integration allows us to address the current pain points in web3 for mass adoption,” said Robin O’Connell, CEO of Uphold Enterprise. “We’re thrilled to work with Coindisco to further our goal: to offer an easy-to-implement web3 payment tool that lets crypto projects process more of their customers’ payments.”

With Topper, user onboarding is seamless, and compliance controls are handled completely by the Uphold team. Additionally, this Topper integration features:

  • The ability to effortlessly buy and transact 200+ digital assets using credit and debit cards, Apple Pay or Google Pay, encouraging new user’s participation in trading digital assets.
  • Higher approval ratings than competitors, roughly 60% internationally, which creates a smoother transaction process for users.
  • Reduced transaction processing times; typically, transactions that could take anywhere from an hour to even one week on other onramps are streamlined to just a minute or less using Topper.

Coindisco is supported by Ultra Stellar. Since 2014, Ultra Stellar has been shaping the future of money on the Stellar (XLM) network through LOBSTR, with a base of more than 2M lifetime users. Topper is expected to continue supporting Ultra Stellar as a trusted partner in the future and users can expect more to come.

“As we evolve into becoming the leading provider in managing your digital assets, through features such as curated data analytics, profiled payment methods and aggregating your best on/off-ramp quotes, Topper sets our Coindisco users up for success to be one of our several go-to solutions for navigating the dynamic world of cryptocurrencies,” said Dmitri Gmyza, Co-Founder & CEO of Coindisco. “We look forward to elevating Coindisco’s commitment and implementing the most intuitive, cost-effective, and convenient payment companion.”

To find out more, users can visit www.topperpay.com/ and check out the Coindisco app in Google Play or the App Store.

About Topper

Topper, the easy fiat on-ramp with higher approval rates, is an quick-to-implement web3 payment tool that lets crypto projects process more of their customers’ payments – supporting twice as many digital assets than its competitors. The Topper payment widget is built to simplify the payment process, accept more currencies and deliver higher approval rates, resulting in fewer declines and more revenue. Developed by Uphold, the web3 financial platform, Topper is a reliable, regulated and trusted payment system.

About Uphold

Named Uphold the Best Crypto Exchange in the UK by Forbes Advisor, Uphold is committed to making web3 easy. As a web3 financial platform, Uphold serves over 10 million customers in more than 140 countries. It provides businesses and consumers with easy access to digital assets and services. Uphold’s unique “Anything to Anything” interface gives end users seamless access to and between digital assets and national currencies and precious metals. Uniquely, Uphold smart routes orders across 30 trading venues delivering optimal execution and superior liquidity to customers. Uphold never loans out customer assets and is always 100% reserved. The company has pioneered radical transparency and uniquely publishes its assets and liabilities every 30 seconds on a public website (https://uphold.com/en-us/transparency).

Uphold is regulated in the U.S. by FinCen and State regulators; and is registered in the UK and Canada with the FCA and FINTRAC respectively and in Europe with the Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. To learn more about Uphold’s products and services, visit uphold.com.

About Coindisco

With over a decade worth of experiences building the finest user experience in web3 applications, Coindisco is well positioned to be your leading Crypto buying companion to manage all of your digital assets and compare leading payment providers, within a single app and at the touch of your fingertips.

Save your payment methods, fetch the most competitive rates and obtain curated payment insights with Coindisco, the best way to buy crypto.

To learn more about Coindisco, visit coindisco.com