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Cryptocurrencies Are Making It Impossible To Afford A Great Gaming PC

"This wasn’t entertainment, this was an investment."


Let’s rewind the clock a little bit to the Autumn romance of 2013: Bitcoin is showing itself to be more than a passing fad and things are starting to feel real.2013 was the year that you could buy things with cryptocurrency with retailers like Newegg stepping in and giving the strange idea a special kind of legitimacy.

2013 was also the year that AMD made a desperate bid for market share at the high end of the gaming GPU market with the R9–290X

The result was a rush on AMD GPUs as people desperate to get on the cryptocurrency bandwagon scrambled to find their piece of the pie, California gold rush style.
The price of AMD GPUs soared as retailers marked the cards up significantly over MSRP, selling a product once targeted at PC Gaming enthusiasts to a new class of customer who was willing to reach into deeper pockets because this wasn’t entertainment, this was an investment.

Eventually that bubble popped, but we're back in 2017/2018 and this bubble doesnt look like its popping soon.

You have to remember that part of the appeal of cryptocurrency mining is that it was an ‘everyman’s’ chance to make some money. A little consumer hardware, your home computer crunching away while you were at work or sleeping… People want that dream of striking it, well, maybe rich, but if not rich, making money for doing effectively nothing other than watch the mining rig do its thing and not letting it catch fire. On that dream, the market has delivered and the GPU is once again king of a new generation of cryptocurrencies.

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Top Blockchain Trends You Must Know In 2021
Blockchain is already upscaling the financial markets with its technological implementations. Be it Bitcoin or other crypto-fund management systems, have set some of the trending developments that are being utilized by businesses. In 2021, Blockchain is predicted to grow much larger and cover a wide range of business domains apart from the financial market. We list out the details for some of the trends that can be followed by blockchain technology in the coming times and make it a sought-after technology by businesses across domains. Blockchain Impacting Industries Economic Growth As more and more blockchain services are presented in the market they will boost the blockchain-based industries benefiting both the manufacturer and the consumer. The solutions developed have majorly ranged across domains of healthcare, food safety, and Supply chain logistics. Big enterprises like Amazon, IBM too have significantly improved their services with the inclusion of blockchain technology. Blockchain is capable of ensuring more transparency, security, and validation. Industries working on 3D printing, gemstone industry are also significantly benefitting from this technology. Federal Architecture Blockchain Services Under blockchain technology networks are classified as public, private and both of them bring their benefits for the utilization. Even implementing both of them for service is what is being incorporated at many recent blockchain developments. The architecture lets you develop a federalized blockchain network, which instead of a single point of authorization allows multiple options to control the predefined blockchain node keeping blockchain characteristics intact. Blockchain As A Service Model Blockchain in its resourceful development trends can be stated that blockchain as a service or BaaS is a possibility that can well be bought into the practice. As enterprises ranging from start-up to bigger companies are inclined towards using integrated blockchain-based services. BaaS comes up as a cloud integration solution that allows the users to develop their products using blockchain technology. Products developed can be applications, smart contracts, or crypto-based services. The benefit of using Baas would be that the enterprises won’t need to set up a full blockchain-based infrastructure, rather they can comfortably develop their solutions via BaaS. The Cryptocurrencies Will Become More Secure And Valuable With major cryptocurrency players already settling themselves in the market and Bitcoin being the highest acceptable amongst all. But the highly volatile nature of the currency stock management under Bitcoin makes it a lot unstable. To counter Bitcoin drawbacks and provide investors with more stability and higher value, a leading innovation has taken place termed Stablecoin. Stablecoins, currently are at an initial stage but, as per predictions by 2022, they very well can be mainstream crypto-currencies Blockchain in Social Media And User Privacy The most debated topic based on general public opinion and even political channels have shifted to how the breach of privacy and data mishandling by social media platforms is taking place, and not just the common user but, the higher government authorities are looking to find solutions to it. Blockchain brings a more secure medium for storing data and maintaining privacy with a model where the user will have sole ownership of their data. It is already worked out, and soon in 2021, we can get some of the open-source-based modulations on the social media platforms. With the blockchain-based SM applications, the transmission of data through it will remain undetected and duplicacy free. The existing social media giants will have to put it up first for their users as everyone is critical of the privacy and data protection on SM channels. Blockchain Interoperability Under Blockchain, one of the leading trends that are picking speed is interoperability. Blockchain interoperability is one of the most crucial trends, it will allow the sharing of data and other information across multiple blockchain systems and networks. Developing an architecture to support interoperability is not an easy task but, it holds a significant value with enormous benefits for the users. Blockchain Applications in Finance Capitals As blockchain technology started its inflow in the financial markets with a crypto-based solution. It has somehow gained good momentum, and now the technology is utilized to develop the solutions to overtake the traditional financial architecture. As per reports, about 75% of financial businesses are looking to adopt blockchain-based inclusions for their business operations by 2021. Features like transaction cost-saving, higher confidentiality of the transactions, and reducing redundant losses are the benefits that the market is eager to benefit from by implementing blockchain. Blockchain is already serving a hot cup of coffee for the technology experts, and the increasing demands by businesses to opt for its solutions will only boost its growth at an unprecedented rate. There are already many trends under blockchain technology that are taking place. The above-listed trend will give a fair idea as to what all this technology is capable of developing and how your business can benefit from it.
How is cryptocurrency exchange done?
Each cryptocurrency exchanger works according to the following principle - two accounts are involved in the exchange: the contractor and the customer. The customer transfers a certain amount in one currency to the account of the contractor, after which the contractor transfers the converted equivalent in another currency to the customer's account. The main tasks of the owners of modern exchangers are high speed, security of exchange operations and the most simplified use of their services by clients. If the exchange of currencies requires a large number of steps in a strict sequence, no one will use such a service. Therefore, most exchangers allow you to deposit / withdraw cryptocurrency in just a few clicks. To create an account and transactions on a cryptocurrency exchange, mandatory registration is required. It is not necessary to register on the sites of exchangers, it is enough to indicate some data about yourself when exchanging (e-mail, in some cases you will need a phone number and full name). Registration on the exchanger's website still provides a number of advantages - participation in the loyalty program (all exchanges are summed up and bonuses are provided), the referral system (if any). The exchange procedure itself is the same on all exchangers. Let's look at xmr to btc calculator as an example: On the exchanger's website, select the exchange directions (xmr to btc). The amount to be given is entered in the "give" field - in the "receive" field we can immediately see the amount that will be transferred in the selected currency to the account following the exchange results; The exchange can be done anonymously, so a lot of data is not required.