Category : Bitcoin

Bitcoin Guide Trading

Top 3 Bitcoin Trading Platforms by CoinsIQ


Many of the people are trying to take advantage of the high volatility in the Bitcoin prizes. They are often looking for best Bitcoin trading platform so that they are able to trade in Bitcoins and make a significant amount of money. One thing which you have to keep in mind is that instead of trading Bitcoins on any platform, you have to simply go with the best Bitcoin trading platform so that it becomes easier for you to securely trade Bitcoins and make a significant amount of profit as well.

In your quest to find the best Bitcoin trading platform, we would share with you 3 different options on which you would be able to easily trade Bitcoins.

Coinbase is probably the most popular Bitcoin buying and trading website. That is why it is completely secure and it has a lot of liquidity as well. The reputation of this website is also pretty strong. Moreover, it allows you to use different methods in order to deposit your money. Overall, it allows residents of 33 countries to trade in Bitcoins. Moreover, during trading, the transaction fees would always be on the lower side. This would ensure that you do not have to worry about the transaction fees whenever you are trading in Bitcoins.

Also Read: Earn Free Bitcoin

This is another trading platform which you can utilize whenever you are looking to trade in Bitcoins. They also allow wire transfers as well as credit and debit cards in order to deposit the money. The transactions of Bitcoins are also completed pretty quickly. The main advantage of this platform is that they allow users worldwide to buy and sell Bitcoins. This ensures that irrespective of the country from which you are, you would be able to easily buy and sell Bitcoins without any problem. This is one of the main advantages of this exchange. Also, the limitations for buying and selling the Bitcoins are also set pretty high. This ensures that you do not have to worry about any kind of limitations.

This is another trading platform which has a stellar reputation. Moreover, it allows you to deposit money through the wire transfer as well as other payment methods like Astropay and Ripple currency deposits. It also allows users from all over the world to trade in Bitcoins. The trading platform has been around since 2011. Owing to this very reason, you can be sure that it is completely safe. Till that, it has not been impacted by any hacking attempts or changes in laws. Thus, if you’re looking for a reliable Bitcoin trading platform, this one is also a good option.

So, when you’re looking at the best Bitcoin trading platform, these are the 3 options which you should be looking at.

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Bitcoin Guide Mining

How to Mine Bitcoin – What is Bitcoin Mining?


What is Bitcoin Mining?

Before you begin mining Bitcoin, it is beneficial to know what Bitcoin mining actually means. Bitcoin mining is lawful and can be accomplished by conducting SHA256 dual round hash confirmation. They are procedures so as to confirm Bitcoin trades, in other words user transactions.

The mining process also offer the required safety for the public block-chain ledger of their Bitcoin network. The rate where you mine Bitcoins is quantified in hashes per minute.

Even the Bitcoin eco-system rewards the Bitcoin miners; by paying them in bitcoin to people who donate the required computational ability.

This is given in the kind of both newly issued bitcoins and by the trade fees; contained in the trades verified when mining bitcoins. The greater computing power you donate; then the larger the share of the payoff.

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How to mine Bitcoin with ANTMINER S9

The Antminer S9 , the most efficient and effective miner to date was introduced maybe not so long ago. On account of the fact that it becomes even harder to produce a profit; because of a Bitcoin miner due to the increasing problem to mine Bitcoins.

Thus, it created the belief that just this Bitcoin miner remains currently generating a positive return on investment in the current situation.

There are a great deal of positive feedbacks about this product but there are still others that have doubts. CoinsIQ has put together list of all of the pros and cons about ANTMINER S9

Most Powerful Mining Hardware

Apart from the electricity cost, the mining pool believes, the Antminer S9 can create around 0.5 Bitcoins monthly as it has a hash speed of whopping 12.93TH/s -+ 7% (not actually 14 TH/s as marketed).

To find out more about the profitability, three distinct Bitcoin mining calculators have been used to compute and all showed the very same results. With this verification, you’ll have pure earnings of 330 dollars per month. That is approximately equal to 0.08 BTC in the present exchange rate.

A least amount of energy has been expended compared to all other miners out there. Therefore making it the most efficient miner too.

Adding the energy cost otherwise will produce around 0.33 BTC that’s a little lesser.

The Cost of the Mining Hardware

The price of this Antminer S9 differs based on what store you purchase it from. Cheapest among the others is selling around $2000. It is possible to already get it from eBay or Amazon. Just a tiny bit expensive from Bitmain’s website that you’ll be able to purchase the Antminer S9 for $2400.

So I guess you now know which shop you will begin to look.

This miner has exceptional mining skills hence making it the most expensive miner available on the industry nowadays. Considering just an ordinary price of power equivalent to $0.1/ $KW; it is possible to already reevaluate your investment should you mine for approximately ten months. That can be considered a very long time at the Bitcoin eco-system.

A lot will change within this time period that re not limited to; mining issue may grow, exchange rate may fluctuate and so on. Thus making it difficult to expect; how much time it might take to even regain your expenses within this particular investment.

As you might have guessed, you would still need a power supply unit to run. Adding a PSU to the miner could cost you a little more. You may need purchase, APW3-12-1600-B2 – as it is compatible with Antminer S9 and cost around $150.

As an alternative, using a power supply unit from an old Bitcoin miner may also do the job.

Nonetheless, it’s ideal to get APW3-12-1600-B2 whenyou do not have any PSU with you. Adding this for the original investment price and because the purchase price is little more than every other old PSU available in the market.

Check the miner specification before purchase

Never neglect to look at the specifications of the specific miner; before purchasing because not all the Bitcoin miners are sent in one single batch.

It’s always safe to believe that each and every batch are not created equal. It could be highly possible, you will purchase an Antminer S9 which has a hash speed of just 11.85 TH/s rather than 12.93 TH/s.

For an example in Bitmain, the present batch of Antminer S9 are accessible in just 11.85 TH/s; even the stronger models are offered.

Please notice that the 11.85 TH/s versions are also more economical. In contrast to their larger brother it’s not much of a problem; because the purchase price of this miner is comparative to the hash pace.

The most significant point would be to inspect the correct specifications of this miner; you have shortlisted to buy. This step is actually crucial to figure out, the precise ROI and when you’ll break even.

Bitcoin Mining Calculator

The amount of bitcoin blocks mined daily from the Bitcoin eco-system decides the potency of the procedure.

In each second, tens of thousands of computers from all around the world are leading to the production of bitcoins, raising the amount of feasible trades available on the marketplace.

It’s very important to miners to figure the amount of block chains generated daily, in addition to the time required to produce a block.

The worth of a bitcoin block would be 25 BTC, also after 210 000 blocks would be produced at this respect; the amount of BTC/block are also halved.

Additionally, by demonstrating just the number of bitcoin blocks are created daily, the miners have the ability to compare the potency of the computer using the different mining pools and computers implicated in precisely the exact same procedure.

Where to Find Bitcoin Mining Calculators?

It’s possible to discover several websites offering mining programs. Nearly all those being linked directly to the principal hub of Bitcoin, therefore all of these are correct.

The distinction is produced by the port of these sites, and also by other unique features which can be found alongside the bitcoin mining calculators.

We have shortlisted these three calculators for you. Hope this helps.

If you liked this blog post, please follow us on Twitter @coins_iq and also make sure to subscribe to our e-newsletter to receive the best and latest information on bitcoin, cryptocurrency, crypto trading and bitcoin investment!

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Bitcoin Review Wallet

Exodus Review – Bitcoin Wallet Review by CoinsIQ


On the eco-system of cryptocurrency and bitcoin, you will find many unique services people enjoy using. While trades are among the most well-known services, you will find more than a dozen bitcoin wallet services readily accessible also.

The Exodus wallet is among these cryptocurrency wallet services and a lot of users, new and advanced appear to enjoy its features, even though it’s hardly ever mentioned.

In today’s post let us have a better look at exactly what this bitcoin wallet provides and why so many individuals have taken a liking for it.


Bitcoin Wallet Review – The Exodus

Though it’s hard to differentiate oneself from the ever growing competition for a bitcoin wallet service provider nowadays; the Exodus strives to do a couple of things differently, that their competitors are not doing.

First and foremost feature of the Exodus is, it not only supports bitcoin; it also seamlessly integrates with other altcoin sush as Ethereum, Litecoin, Dash etc.

Unlike what some people believe, there’s still a massive demand for Dogecoin wallet solutions nowadays.

Just supporting multiple cryptocurrencies in a wallet, is not sufficient to stick out among competition, however.

The Exodus places itself as a suitable wallet alternative via its attractive and friendly user interface.

Actually, an individual could argue anyone on earth can get comfy using the Exodus in minutes; irrespective of any previous experience with cryptocurrency wallet alternatives.

In this aspect, the Exodus is undoubtedly a wallet of choice to both novice and advanced cryptocurrency users.

What Makes the Exodus Different

In addition to a friendly interface, the wallet also displays a pie chart; which changes according to an individual’s crypto currency or bitcoin holdings.

This unique feature is well appreciated by a plenty of users up to now, as it gives an intriguing visual of all their cryptocurrency holdings.

Additionally, this crypto wallet also displays an integrated market, allowing for immediate crypto trading involving the top five crypto currencies that they support.

A fantastic feature that much is sure.

That doesn’t indicate that the crypto wallet isn’t available without its flaws.

An awesome feature that could make the Exodus more rewarding is; having the choice to control several other crypto currency addresses inside a single wallet.

For instance, currently it isn’t feasible to have both a normal crypto wallet address along with a watch-only address (like a cold storage) inside a same wallet client.

This could be a large let-down for a whole lot of users, though this is something the wallet programmers can quickly fix in a future upgrade.

Final Thoughts

Customization is yet another important portion of a cryptocurrency wallet in life; and Exodus might require a little more work in this section.

Do remember that the Exodus wallet itself works just fine; yet nonresident Americans might want to change their settings to display their portfolio worth in a their national currency.

Nonetheless, there is always scope for improvements, be it life or a software product.

A few additional customization choices are more than welcome; even though there’s not any reason to think they won’t be added at a future wallet upgrade.

The built-in live exchange feed was very well received by the crypto community up to now, that much is sure.

It is well worth mentioning that the Exodus is just available for desktop users, because at least for now there is no mobile app available.

If you liked this blog post, please follow us on Twitter @coins_iq and also make sure to subscribe to our e-newsletter to receive the best and latest information on bitcoin, cryptocurrency, crypto trading and bitcoin investment!


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Bitcoin Guide Trading

Top 5 Bitcoin Trading Robots by CoinsIQ


Bitcoin Trading – Top 5 Bitcoin Trading Robots

Trading robots are rather common in the bitcoin world, as few traders have time to stare at the charts all the time. Many people trade bitcoin as a method to produce easy revenue while functioning their routine day works.

With a lot of individuals relying upon these trading robots, the question ends up being which one can be relied on and also which one ought to be avoided.

Below is a checklist of well-known cryptocurrency trading robots, however, your gas mileage might differ when using them.


The Haasbot is rather preferred among cryptocurrency enthusiasts. Theoretically, Haasbot does every one of the trading legwork on behalf of the individual, although some input is called for.

Haasbot sustains all the significant exchanges and also can understands the candle stick patterns.

Considering it costs between 0.06 BTC and 0.17 BTC per three-month period to use this service, one needs to be dedicated to making use of this software program and hopefully make a profit from doing so.


One more open-source alternative for bitcoin traders goes by the name of Zenbot.

Albeit this bot has actually not seen any type of significant updates over the past few months, it is offered to download and also customize the code if needed.

This notes the 4th version of Zenbot, which is still a light-weight as well as artificially smart bitcoin trading bot.

It is likewise one of the very few bitcoin trading robots, efficient in high-frequency trading as well as sustaining numerous assets at the very same time.

Per their GitHub page, Zenbot 4 makes a 195% ROI in just 3 months, which is rather unusual.


One of the more attractive and yet un-identified bitcoin trading robot has the name of CryptoTrader.

The service offers cryptocurrency users automated trading robots working on cloud platforms.

Not having to mount unknown software is a large plus, albeit it remains to be seen if this system is legit.

One appealing attribute is just how CryptoTrader approaches the market where any person can buy or sell using their favored trading approach.

Also Read: Coinbase Review


The Gekko bitcoin trading robot is another open source software remedy that could be located on the GitHub platform. It was last updated about 10 days earlier, which seems to indicate it is still being proactively developed.

Utilizing this automated trading robot appears to be simple, as it also has some basic approaches. It is not a high-frequency trading robot whatsoever, nor will certainly it make use of arbitrage possibilities.

With an excellent listing of supported exchanges, Gekko can be worth looking into.


One of the first automated bitcoin trading robots to ever be created – the BTCRobot.

While it appears to do the job and is fairly very easy to establish. Reaping profits using this tool could greatly differ when using this tool. Some people appear to be making moderate profits. Whereas others appear to have a hard time to get it to function correctly.

A single license costs about $19.99 per month. The platinum plan costs about $399 one time payment with a premium support.

There is a 60-day refund plan, that makes it a no-brainer to check out no matter.

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Bitcoin Buy Bitcoin Review Wallet

Bitgo Review – Bitcoin Wallet Review – CoinsIQ

BitGo Review - Bitcoin Wallet Review

Bitgo Review – Bitcoin Wallet Review

Before we go into Bitgo Review – let us understand Bitgo’s nature of business. The business specializes in providing secure wallet solutions to corporations and companies including several cryptocurrency exchanges.

Bitgo also concentrates on multi signature wallet options, which can be among the best security innovations Bitcoin users have observed thus far.

Knowing the business also gives a them a user friendly and better alternative; makes them stick out from their competition.

BitGo Review - Bitcoin Wallet Review

BitGo Review – About the Company

Bitgo as a company originally started out as a wallet service provider to the first crypto curreny, the Bitcoin.

That isn’t always a good thing, as a centered crypto-wallet means consumers aren’t the only ones using private keys.

The ever growing bitcoin business expanded their wallet to encourage mobile suppliers – Android and iOS too.

With the protected app – Bitgo users could store their wallet’s private key on the mobile devices itself.

The online version lets users export their personal key to a different wallet solution as well.

Regrettably Bitgo is not an open source solution and it is doubtful that will ever change.

To some people, this is a major drawback; whereas many others aren’t overly bothered about it.

On the upside, Bitgo supplies multi-signature options to all its users.

Furthermore, there is a choice to add even more safety to the internet based wallet in the form of two-factor authentication. With Google 2 Step Authenticator or some other.

Convenience and safety frequently don’t mix that well, but Bitgo reveals it could be carried out.

However it doesn’t provide users with total anonymity, but this is not something most individuals are looking for these days.

There are also no additional features to take advantage of, but that isn’t a deal breaker either.

Altcoin Wallet – Bitgo Ethereum Wallet

For any altcoin users like Ethereum, they have also developed an Ethereum wallet which uses the same Bitgo’s bitcoin wallet technology.

In fact, the Ethereum based wallet is built by most of the developers who are working on the Bitcoin wallet.

This project is referred to as, also features all of the same aspects one can find in the Bitcoin wallet offered by Bitgo.

Even it offers a multi-signature solutions for Ethereum users, which will be valued by a few users.

Bringing this functionality to distinct cryptocurrencies is a smart strategy by Bitgo.

BitGo Review – Final Thoughts

Ultimately, it’s really hard to find any defects at the Bitgo wallet.

Utilizing the internet version means; private keys aren’t created in a secure fashion; even though users may protect them with a password.

All their mobile apps work like a charm, with no end user surprises.

Advanced crypto currency users who are not searching for any multi signature support may find the waeet a bit boring; but for new users, it is really a powerful alternative.

There’s not any reason not to provide Bitgo wallet a go.

If you liked this article, follow us on Twitter @coins_iq and on Pinterest – CoinsIQ. Make sure to subscribe to our e-newsletter to receive the latest information and news on cryptocurrency and more!

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