Cryptocurrency is real

Ngu Rita
3 min readOct 21, 2021
BIT COIN

Content creator works remote as educational support, sales promotion, creative content writing and strategist. The concepts are different depending on the assignment at hand but the expert is keen on building image based on short term goals with engaging content and a helping hand. I am hands on service delivering on the promised content. Offering a variety of content not just to captivate and keep an audience but specifically targeting and engaging readers to the value of the products and services we are working for; we know from where we come and how far we want to go. We are on the go, ready, steady and very consistent, so reliable and creative. Top tier at a glance; below is what we envisage in the long run with our partners as well as other companies and organizations we will be working for. It is a pleasure to be of help at your service; we take care, stay safe and are well.

1) Crypto

Audience

LinkedIn/Blogs

Coins/Thousands of coins examples are bit coin, lite coin

Network / Ecoin, Coinbase, Coinpayment

2) Iron trade

Target

Twitter/Face book

Trade/two hundred plus instruments, oil, gold

Advertiser/education support, forex, binary options

3) SMUI

Clientele

Flyers/posters

Education/many programs, flexible schedule

Schools/business, health, engineering, humanities

HOW CRYPTOCURRENCY WORKS?

Crypto currency such as bit coin and lite coin is a digital currency not displayed, showcased and backed by real assets or tangible securities; instead they are traded between consenting parties with no broker and tracked on digital ledgers. Crypto meaning ‘hidden’ or ‘secret’ in combined form ‘combo’ with graphics it becomes an image; a mirror image when looking at mirage in refraction indexing comes down to a stronger word cryptography. Crypto analysis is a process of studying cryptographic systems to look for weaknesses or leaks of information, crypto analysis is also referred to as code breaking or cracking the code, this is possible where hackers are found but impossible when proper coding is involved; the study is of methods for obtaining the meaning of encrypted information, without access to secret information that is typically required to do so. Typically this involves knowing how the system works and finding a secret key. The three types of cryptography used are secret key, public key and hash function. The cryptographers secure computer and information technology systems by creating algorithms, ciphers to encrypt data. They often also carry out duties of a crypto analyst, deciphering algorithms and cipher text to decrypt information. Crypto investment stocks are built and you don’t have be an expert to build your digital wealth; investing can be intimidating, especially for beginners. Sometimes managing an investment is daunting due to uncertainty and volatility of market, as well as the time investment needed to be successful. “Coinmatic”

WHAT IS BIT COIN MINING?

It is the process by which new bit coins are entered into circulation, but it is also a critical component of maintenance and development of block chain ledger. It is performed using very sophisticated computers that solve extremely complex computational math problems. No matter how many miners, it still takes ten minutes to mine one bit coin.

Is bit coin mining profitable or worth it in 2021?

The short answer is yes; the long answer is it’s complicated. Bit coin mining can still make sense and be profitable for some individuals. Forecasting what bit coin at the end of this decade will look like shows a trend with a divided picture of probable figures for bit coin; 4.8% miners believe that it has the potential to be worth more than $500,000, while 5.5% set a range between $100,000 and $50,000. Bit coin prices fall sharply amid the global equities; negative news dampens sentiments for bit coin. If you can name only two types of crypto currencies one is bit coin and ethereum is probably the other; ethereum is the most commonly used block chain with the second-largest market cap, right after bit coin. It has taken twelve years for bit coin to reach the trillion in the market cap. To mine crypto currency you need to have an android smart-phone at least; this is because it has the most suitable mining-friendly operating system to facilitate bit coin mining. The mobile market is already flooded with various apps designed for android that you can use to mine bit coin directly from your home. Download the bit coin mining app.

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Ngu Rita

I 'm one of seven living siblings, I live as an ordinary resident in Cameroon, a country in the CEMAC REGION- AFRICA. I like writing articles; see you online.