3 Major Ways to Earn Money While Investing in Cryptocurrency
Cryptocurrency gets more widespread as the days go by. Unlike traditional financial systems, cryptocurrencies offer better security and transaction speeds. More importantly, however, you can make some money using them as well. Here, we shall review the 3 major ways of making money in cryptocurrencies.
Bitcoin is on the Verge of Becoming Centralized
Today, Bitcoin mining activity seems to be a hurdle for most anonymous participants due to the massive competition originating from the giant pools. So far, some of the biggest miners we have in the industry include BTC.com, F2Pool, AntPool, BTC.TOP, Poolin, Huibi.pool, SlushPool, ViaBTC and many others. However, the largest share of about 40% is currently taken by only three companies, of which two of these (BTC.com and Antpool) are managed by one company (Bitmain). This has brought a lot of queries in the blockchain and digital asset industry and has left people thinking that the flagship crypto is on the brink of becoming a centralized cryptocurrency.