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NamePriceDirect Vol. 24HTotal Vol. 24HMarket CapChg. 24H
Bitcoin (BTC)$ 7 483,01$ 617.256 M$ 2.930 B$ 127.617 B-0.55%
bitCNY (BITCNY)$ 0,75$ 0$ 0$ 75.067 B0%
Ethereum (ETH)$ 594,78$ 277.219 M$ 859.935 M$ 59.275 B2.17%
NPCcoin (NPC)$ 5,24$ 0$ 85$ 27.159 B-6.6%
Ripple (XRP)$ 0,60$ 45.930 M$ 194.694 M$ 23.129 B-2.22%
Exchange Union (XUC)$ 6,12$ 393$ 367.541 k$ 18.355 B3.62%
Bitcoin Cash / BCC (BCH)$ 1 018,47$ 89.156 M$ 403.128 M$ 17.464 B-1.66%
EOS (EOS)$ 12,08$ 170.379 M$ 825.948 M$ 12.080 B1.09%
Purpose (PRPS)$ 8,41$ 0$ 0$ 8.201 B0%
Veritaseum (VERI)$ 71,61$ 11.726 k$ 434.904 k$ 7.161 B-7.34%
Tron (TRX)$ 0,07$ 2.277 M$ 179.095 M$ 7.020 B-3.78%
LiteCoin (LTC)$ 119,96$ 41.386 M$ 206.081 M$ 6.801 B-1.65%
AB-Chain (ABC)$ 27,74$ 1$ 85$ 5.825 B5.38%
Dentacoin (DCN)$ 0,00$ 43.784 k$ 110.597 k$ 5.488 B0.73%
Stellar (XLM)$ 0,29$ 4.015 M$ 37.770 M$ 5.460 B2.33%
Cardano (ADA)$ 0,20$ 1.425 M$ 66.768 M$ 5.172 B-1.38%
Medicalchain (MTN*)$ 50,00$ 0$ 0$ 5.000 B0%
TrackNetToken (MTN)$ 50,00$ 0$ 0$ 5.000 B0%
IOTA (IOT)$ 1,52$ 13.523 M$ 49.822 M$ 4.225 B-1.3%
Vechain (VEN)$ 3,64$ 18.175 k$ 11.471 M$ 3.640 B-0.27%
RankProviderAdvantages & DisadvantagesFraud RiskUsers RatingLinks
1
Genesis MiningGenesis Mining Advantages
  • Fast 24/7 support
  • Easy to configure
  • Reputable company
  • Dynamic enough service development
  • The presence of a real office and publicity of the company
Disadvantages
  • Doesn't seem profitable in the long run
  • Doesn't provide full, comprehesive information to the users
Low
Genesis Mining Overall rating: ★★★★★ 4.5 based on 2 reviews
5 1
2
Hashflare.ioHashflare Logo Advantages
  • Instant connection
  • Suitable calculator
  • Statistics
  • Hashflare Pool Configuring
  • No hidden commissions
Disadvantages
  • Maintenance fee for litecoin and bitcoin
  • Bank transfers fee
  • Short FAQ section
  • There are negative users' reviews
Low
Hashflare.io Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
3
MiningRigRentalsMiningRigRentals Logo Advantages
  • Reliability of the service
  • Possibility of mass rig rents
  • Ability to revise the rig rental agreement
  • Many positive reviews
Disadvantages
  • Manually rigs updating
Low
MiningRigRentals Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
4
TeraBoxTeraBox Logo Advantages
  • Low fees
  • Sell-back option of mining contracts
  • High paying referral program
Disadvantages
  • Lot's of negative feedback in the network
  • Lack of information on the company
  • No social media presence
  • Clients are unable to select mining pools
Medium
TeraBox Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
5
Minergate.com Advantages
  • This resource is simple and user-friendly
  • MinerGate accepts nearly all types of support processors
  • Can be used on Windows, Linux and MacOS
Disadvantages
  • Doesn’t support GPU
  • Anonymous founders
  • Some reviews on the web claim that MinerGate is “borrowing” users’ hashrate
Medium
Minergate.com Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
RankProviderAdvantages & DisadvantagesFeesMargin TradingUsers RatingLinks
1
CEX.ioCEX Logo Advantages
  • Company provides refunds for customers dissatisfied with the services
  • Deals are made automatically and immediately
  • Live chat 24/7 with customer support
  • Multi-language website (English, Chinese, Russian, Spanish, Italian, Portuguese)
  • Users can buy bitcoins with a credit card, SEPA or a wire transfer
  • High trading volume
Disadvantages
  • High fees and “hidden charges”
  • Many currencies are not supported
  • Lots of bad reviews
Deposit Fees
Cryptocurrency deposits: 0%; USD/RUB/EUR/GBR: 0%-5% (depending on payment method)
Trading Fees
Yes (7% for the direct trading with the exchange)
Withdrawal Fees
Yes (varies depending on payment method)
Yes
CEX.io Overall rating: ★★★★★ 4.6 based on 5 reviews
5 1
2
BitFinex.comBitFinex Logo Advantages
  • Over 50 trading pairs
  • Manageable wallets
  • High USD liquidity
  • Multi-language site (English, Russian, Chinese, etc.)
Disadvantages
  • Was hacked in 2016
  • Paypal and credit card payments are not accepted
  • Not enough transparent company
Deposit Fees
Cryptocurrency deposits: 0%; Euro & USD deposits: 0.100% (minimum fee of $20)
Trading Fees
Yes (the rate depends on trader's trading activity in the last 30 days)
Withdrawal Fees
Wire transfers fees
Yes
BitFinex.com Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
3
Coinbase.com Advantages
  • There are debit and credit cards integrated
  • The website has high liquidity for both available types of cryptocurrency
  • Even newbies will find Coinbase simple and clear
Disadvantages
  • The website doesn’t really respect users’ privacy and tracks the way they spend their money
  • Some users claim that the affiliate program doesn’t work properly and members do not receive the reward sometimes
  • The customer support does not work hard to assist customers but sends default answers, ignoring the individual issue
Deposit Fees
to be specified
Trading Fees
1%
Withdrawal Fees
to be specified
No
Coinbase.com Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
4
Localbitcoins.com Advantages
  • A very simple website with intuitive interface
  • The service is private and works really fast
  • To register, you only need to provide your email address. No ID or other documents are necessary
Disadvantages
  • Not very convenient for those who are willing to buy big amounts of currency
  • No altcoins except BTC available
  • You need to be very careful when making a deal, because there is a great risk that you might run on to a cheater
Deposit Fees
No
Trading Fees
1%
Withdrawal Fees
No
No
Localbitcoins.com Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
5
Changelly.comChangelly Logo Advantages
  • More than 70 types of coins available;
  • Supports all countries
  • Wide range of exchange options
  • Multi-language website (English, Chinese, Korean, Japanese, French, German, Portuguese, Spanish, Hindu)
Disadvantages
  • Customer support available via email only
  • No mobile app
  • A fairly new company
Deposit Fees
No
Trading Fees
Yes (0.5%)
Withdrawal Fees
No
No
Changelly.com Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
RankProviderAdvantages & DisadvantagesFeesMargin TradingUsers RatingLinks
1
CEX.ioCEX Logo Advantages
  • Company provides refunds for customers dissatisfied with the services
  • Deals are made automatically and immediately
  • Live chat 24/7 with customer support
  • Multi-language website (English, Chinese, Russian, Spanish, Italian, Portuguese)
  • Users can buy bitcoins with a credit card, SEPA or a wire transfer
  • High trading volume
Disadvantages
  • High fees and “hidden charges”
  • Many currencies are not supported
  • Lots of bad reviews
Deposit Fees
Cryptocurrency deposits: 0%; USD/RUB/EUR/GBR: 0%-5% (depending on payment method)
Trading Fees
Yes (7% for the direct trading with the exchange)
Withdrawal Fees
Yes (varies depending on payment method)
Yes
CEX.io Overall rating: ★★★★★ 4.6 based on 5 reviews
5 1
2
BitFinex.comBitFinex Logo Advantages
  • Over 50 trading pairs
  • Manageable wallets
  • High USD liquidity
  • Multi-language site (English, Russian, Chinese, etc.)
Disadvantages
  • Was hacked in 2016
  • Paypal and credit card payments are not accepted
  • Not enough transparent company
Deposit Fees
Cryptocurrency deposits: 0%; Euro & USD deposits: 0.100% (minimum fee of $20)
Trading Fees
Yes (the rate depends on trader's trading activity in the last 30 days)
Withdrawal Fees
Wire transfers fees
Yes
BitFinex.com Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
3
HITBTC.COM Advantages
  • High trading volume
  • Affiliate program
  • High security level
Disadvantages
  • Verification is long and requires a lot of personal details
  • High fees
  • Long deposit and withdrawal waiting time (up to 20 business days)
Deposit Fees
Yes (depends on payment method)
Trading Fees
0.1%
Withdrawal Fees
Yes (depends on the cryptocurrency type)
Yes
HITBTC.COM Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
4
Livecoin.net Advantages
  • Has a wide range of available coins
  • Low fees
  • Fast withdrawals and deposits
Disadvantages
  • No mobile application
  • Some coins have low liquidity
Deposit Fees
Yes (depends on payment method)
Trading Fees
0.18% - 0.02%
Withdrawal Fees
1 % - 10% + additional commissions, depends on the currency type
No
Livecoin.net Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
5
Changelly.comChangelly Logo Advantages
  • More than 70 types of coins available;
  • Supports all countries
  • Wide range of exchange options
  • Multi-language website (English, Chinese, Korean, Japanese, French, German, Portuguese, Spanish, Hindu)
Disadvantages
  • Customer support available via email only
  • No mobile app
  • A fairly new company
Deposit Fees
No
Trading Fees
Yes (0.5%)
Withdrawal Fees
No
No
Changelly.com Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1

Frequently Asked Questions

What is mining?

The process of issuing bitcoins is called “mining” – the only way to obtain cryptocurrency. It is built on the computers decision to solve complex mathematical tasks, like calculation of million hash combinations, to find the only one correct hash, which is suitable for all new transactions and a secret key, which will provide the winner with a reward approx. 12.50 BTC

How Bitcoin Mining Works

Hash, which is searched by miners,  consists of the previous block hash, the sum of transaction hashes for the last 10 minutes, and the random number which is selected by miners to make the final hash satisfy the conditions of the system. The change of these conditions  determines the complexity of finding hash, they change once in 2016 closed blocks and automatically selected to ensure that the calculation of next 2016 blocks took 2 weeks time. Your computer or any other mining hardware continuously works, consuming a significant amount of electricity to select correct hash, adding transaction records to Bitcoin’s public ledger.

Are cryptocurrencies secure?

The essence of cryptocurrency mining lies in the fact that computers, located in different parts of the World, solve mathematical tasks. The mining process is not controlled by a single issuing center, and the distribution ensures safety. Numerous miners help keep the network secure by approving transactions. All bitcoins transfers are recorded in the public transaction log. So, if one decides to rewrite transaction – the entire chain of blocks, with transaction records, linked with each other have to be rewritten as well. Today, it is practically impossible to accomplish physically. When trying to cheat, the system immediately turns to thousands of other versions of this transaction and find discrepancy in the blocks structure.

Bitcoin Currency Rate Chart

What is blockchain?

Blockchain  is the basic technology on which Bitcoin and dozens of other cryptocurrencies are based. But there are, perhaps, dozens of other ways to use blockade in isolation from cryptocurrency. But there are other ways to use Blockchain, regardless of cryptocurrencies. Abstracting from technical nuances, the principle of Blockchain work is quite simple. It can be represented as a ledger, which is owned by every participant of the event and constantly updated. In fact, you can enter any event in this book – starting from Bitcoin, Etherum financial transactions to the presidential elections results or any identification data. This book’s blocks are simultaneously stored by all users of the network, constantly updated and refer to old blocks. The basic Blockchain system is an ever-growing sequence of blocks, which are divided among participants by means of peer-to-peer networks. Each block includes a time stamp (hash sum), which can be represented as a unique fingerprint. These blocks are strictly added in a chain,  in a certain sequence (“Blockchain”). If try to rearrange the sequence of blocks, the system will reject this chain due to a mismatch between the structure and hash sum.

Bitcoin mining hardwade

Your helmet and pickax. The complexity grows as more and more efforts, hardware and new software are spent on mining. Each day more and more computing power is coming into the game. Initially, it was absolutely enough a simple home computer for mining, then the “digital miners” discovered and switched to the top game video cards (the calculations became much faster and more productive), eventually the specialized mining devices appeared in the game. First they were as just reprogrammed chips, and later ASIC – the special purpose integrated circuits, characterized by high speed of hashes calculation and relatively low power consumption. These ASICs were invented with a one single purpose – mining.

An Opening Guide to Bitcoin and the Way It Works

Bitcoin mining is a process of cryptocurrency earning. All verifications and transactions connected with bitcoins are made from one personal computer to another, which excludes any governmental oppressions or outside control. These transactions are recorded in a single blockchain, a public database of all past transactions with bitcoins, which ensures fairness and individualization of the process. Blockchain confirms transactions and verifies the status of used coins, making sure that they were not used previously.

In a word, owning a bitcoin you actually own a digital code that proves to people in a network an amount of cryptocurrency you have. Once you spend one, you notify the members of the network that you transfer your bitcoin to another owner. Your digital code works as a password that proves that a coin is yours and allows you to access it any time you need.

What is mining bitcoin and how to start?

How does bitcoin mining work? First and foremost, the entire process is based on a powerful software that solves math problems of different levels of complexity. In turn, a computer with specialized software receives bitcoins for the tasks solved successfully. People join mining groups called “pools” for more efficient coin issue. The entire process is designed as resource-consuming and complicated so the number of blockchains stays stable. Each miner founds individual blocks that contain codes to prove of work’s validity. The process is called “mining” because it is similar to scooping out other items: it requires hard work and slowly makes new coins achievable, just like gold is mined from the ground.

If you are wondering, how to start bitcoin mining, get to know with this list of basic necessary things:

  • Hardware

You should start with obtaining a powerful mining hardware. Long time ago, when bitcoin lived its first years, it was much easier to mine. A computer CPU and a relatively strong video card were enough to get coins at home. However, nowadays it is impossible. There are bitcoin earning farms in the industry that own ASIC chips with productive forces a hundred times greater than the old systems. As a result, these bases dominate the entire sphere of mining.

Thus, mining bitcoin will cost you more electricity and computer capacities than you can ever get. It is impossible to earn coins without extremely powerful hardware created for that particular aim. There are companies that do offer such systems, however they are hardly available for individual use.

There is another option: purchasing in cloud mining contracts. A lot of people use it despite the fact that this is not the safest way of mining since you don’t control the hardware itself. In addition, there is a great number of scam mining services around the web.

  • Software

After getting specialized hardware, you will also need to download specialized software. There are a lot of programs to choose from, including the most popular ones like EasyMiner, BFGminer, and CGminer.

  • Mining pool

Mining pools make earning bitcoins an easier and faster process. These are groups of people, who unite to solve blocks and get coins together. Each group member earns as many bitcoins as much effort he contributes to a chain. Without joining a pool, you might spend years trying to get at least one bitcoin with no guarantee of success.

  • Bitcoin wallet

You will also need a bitcoin wallet to get the coins you earn. These are unique addresses that belong to individual users who download special software to their computers.

In general, working in a bitcoin network makes it safe to mine. Security in these groups is established by the members: people approve transactions on their own and control the entire process without third parties. Collective mining keeps the process steady and secure.