As an investor, you need more than just base performance comparisons to make strategic decisions about your portfolio. Understanding why individual assets have performed the way they have, the impact individual assets have on overall performance, and how your portfolio is performing within a wider market context provides quantifiable insights you can act on.
A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree). The timestamp proves that the transaction data existed when the block was published in order to get into its hash.
Staking Cryptocurrency involves acquiring and setting aside a certain number of tokens that will be used to validate the transactions made through the blockchain. This innovative protocol, known as Proof-of-Stake (PoS), is less energy-intensive as it eliminates, or at least reduces, the need for using a lot of mining equipment to keep the blockchain secure. Currently, iMining Technologies is staking Ethereum and Cardano.
Mining is the method by which new coins are entered into circulation, but it is also a crucial element in maintaining and developing the blockchain ledger. Sophisticated computers solve highly complex computational math problems. You can earn Cryptocurrency without the need to put down money for it by mining. Miners receive Tokens as a reward for completing "blocks", and are usually given in the mined Cryptocurrency.
Cryptocurrency custody solutions are third party providers of storage and security services for Cryptocurrencies. Their services are mainly aimed at institutional investors, such as hedge funds, who hold large amounts of bitcoin or other Cryptocurrencies. The solutions generally incorporate a combination of hot storage (crypto custody with connection to the Internet) and cold storage (crypto custody that is disconnected from the Internet).
DeFi (or “decentralized finance”) is an umbrella term for financial services on public blockchains, primarily Ethereum. With DeFi, you can do most of the things that banks support — earn interest, borrow, lend, buy insurance, trade derivatives, trade assets, and more — but it’s faster and doesn’t require paperwork or a third party. As with crypto generally, DeFi is global, peer-to-peer (meaning directly between two people, not routed through a centralized system), pseudonymous, and open to all.
An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with Cryptocurrency, and they are generally encoded with the same underlying software as many cryptos. Although they’ve been around since 2014, NFTs are gaining notoriety now because they are becoming an increasingly popular way to buy and sell digital artwork. A staggering $174 million has been spent on NFTs since November 2017.
At iMining we believe environmental, social, and governance matters are most important to us as a company and to our stakeholders. Our core value is to run a company that in all respects conducts itself responsibly and ethically and embeds sustainability in its business practices. Our commitment drives our efforts to expand our environmental, social governance program to be a good corporate citizen, model employer, innovator, and conscientious environmental steward.
iMining will be expanding its global network by opening multiple locations to facilitate staking, mining, OTC and ATM networks around the world.
iMining facilitates the engagement amongst those in the space, through education, personal relationships, and exhibitions.
Our mission is to create an open financial system for the world. Want to join our mission? We saved you a seat.
