The Rise of Ethereum

Since the unleashing of the bitcoin code onto the world as an open source digital asset, many have tried to fork the code and do much more with the with the underlining technology known as blockchain. While many have simply forked and the SHA256 algorithm with competing products based on other algorithms such as scrypt nscrypt and now dagger.

Ethereum creator Vitalik Buterin envisioned a sort of a programmable blockchain. Based on smart contracts its a very powerful tool. In this Article I will try to cover the basics of ethereum so that you get clear picture of what it is and why its important. I think the best words of what ethereum is are on its website “Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.” Similar to bitcoin blockchain the ethereum blockchain requires ether to make or setup contracts and build decentralized apps based on those contracts. It is important to note that ether or ehterium being used directly will be very costly, but using it as contract based setup makes it cheap, fast, secure and unstoppable.

Mining ether is one topic being googled alot recently since it has risen in price while bitcoin price has fallen of a bit. This is even more visible when the rates of bitcoins start to rise we see the fall of price in eth or ether the fuel of ethereum blockchain. Mining is done through a program called geth which is a communicator between ether network and your system. Block generation time is very small so mining is not that difficult since there are no ASICs available for this algorithm you can look into mining it with cpu or gpu. A full tutorial on how to mine eth the fuel of ethereum can be found here.

Is ethereum the new bitcoin, most certainly not. Its a reprogrammable blockchain which can be used with contracts based programming to improve and build decentralized apps with incentives.

Bitcoin Miner Hardware | bitcoin miner

    How to earn BTC with Antminer Hardware in Pakistan

    We all know that Bitcoin is a virtual Crypto currency/asset/software. I will not dig into the depth of who invented bitcoin and how it came into existence because almost half of the digital world knows about it and is using bitcoin. Satoshi Nakamoto was the inventor of Bitcoin who published the invention on 31 October 2008 in a research paper called Bitcoin that is mined in the parlance by computers plugging away at very hard math problems and is connected to a ledger called Blockchain. It is of much importance in Europe, America and China where people do online shopping by using it in the same way as by using the credit cards. I would like to write about Bitcoin mining today.

    Bitcoin is not run and managed by any individual, business or company. There are various ways to get it that includes CPU mining, cloud mining, GPU mining and ASIC mining, but the easiest and profitable way is ASIC mining. It is a hardware machine that is recognized as Bitcoin Miner Hardware or Bitcoin Antiminer. You can get it by from any part of the world as mining systems are set up worldwide. Now, a lot of people in Pakistan are making Bitcoins through ASIC miners without interrupting their jobs or any physical business routines. The mining system can be installed anywhere with the help of internet and electricity where Bitcoin mining will come into process automatically. We only have to buy miner hardware machine (ASIC miner), and it is connected to an online database where earned Bitcoins can be seen. The mining speed can also be noted down.

    It is the best time for earning Bitcoins in Pakistan. With the rising trend of mining, the difficulty in the mining is being increased. If someone was able to mine 1 Bitcoin 3 years ago, this process has been decreased to half or even less, but the mining speed, cost of electricity and miners efficiency remain same. The buying selling price of Bitcoin is also increasing day by day with the rapid demand of this digital currency. So, what are you waiting for? Start mining today as there is a total of 21 million Bitcoins in the world and more than 13 million has already been mined. That is why this process will not be beneficial after 2 or 3 years as it is now. Start this world’s fastest growing business and buy Bitcoin miner right now. It is to inform that mining machine (miner) will remain your personal property for the lifetime. There is no better way for the investors to invest in it and earn a living.

    Click on this link to order this machine

    However we do recommend checking profitability as it may vary from person to person. Therefore please also google bitcoin mining calculator to calculate your income. These machines are sold by 3rd party vendors and are not associated with this website in anyway.

Blood on the streets | bitcoin, btc, xbt, price

My thoughts on what happened with the bitcoin price this week. I had recently covered a blog post at bitlanders covered here on why I thought the price had gone up. Closing comments were that we can see a drop if and when the sell comes.

The Rise:

Bitcoin Price touched the highs of 2015 by hitting $500 plus at the same time major exchanges were hit by a DDOS attack followed by arbitrage opportunities which caused a bit of concern since the transaction volume of bitcoin took a jump. As such bitcoin transactions started getting delayed to from 3 to 6 hours. Major trading platforms in China saw volumes as large as 2000000 btc in 24 hours. I guess for a person who had just gotten into this it was very shocking and exciting time but as the experts will tell you this has always happened to bitcoin. I do advise all the new investors to weigh the pros and cons of btc first, as its not just about making money on the short term.

In the News:

Bitcoin price had received great news that kept the buy pressure up. One was by Bloomberg which advised to keep an eye on btc, which was later(2 days) followed by research by CNBC which stated that bitcoin will become the 6th largest reserve currency by default at current pace by the year 2030. This was seen by large as a very positive sign and the buying continued.

The Fall

The above aspects saw the rise all the way upto $500+ before the dumping began. The pull also must have created panic selling orders followed by bots going into sell mode as I mentioned in the blog and therefore saw a fall in price of btc to $360. While predicting the next wave is very difficult we are now seeing a more controlled rate around $380 to $404.

Where will the piece go next:

I am no expert at predicting prices however for traders I suggest sticking with intra-day trades rather then looking to make it big in overnight bull runs. Additionally articles are covered online at our main news site http://www.newsbtc.com and for all other news regarding litcoin dogecoin or bitcoin you can check out http://pk.newsbtc.com where we try to cover everything in Urdu plus cover Pakistan related news about bitcoin in Pakistan

Adsense, Ads, Marketing and advertising (Bitcoins, btc) | bitcoins, btc, ads, adsense, google adsense, urdu adsense, marketing, advertisement, bloggers, pakistani bloggers, bloggers pakistan

This article is to cover the use of marketing services similar to adsense. While I will cover these with information with retrospect to Pakistan they should hold true for most countries with a few exceptions. Currently there is high demand for adsense and its ads placements in Pakistan. From my recent interactions with bloggers and eCommerce websites its evident that a vast majority of Pakistanis are producing great content that is being ranked really high and driving in authentic traffic. Similarly I look at the other end from marketing stand point of view this is great not just for international searchers but also for local searchers. In regard to this I have also seen many new bloggers trying to get into this field and make money. While there is real competition I would like to highlight a method that might go hand in hand and help both the marketing company and the bloggers by using services similar to adsense.

Marketers & Advertisers :

Currently people in Pakistan resort to ubl wiz cards or prepaid cards because its just very difficult to understand how adsense works. Most people dont even know the keywords they want to search hence they tend to stay away from adsense and turn to facebook marketing. While facebook is good to get your products viral I personally believe that adsense is better marketing platform and should eventually generate more results then facebook advertising.  A similar platform by the name of a-ads. There are many other similar platforms available but I will pick this one due to its anonymous nature.

For a eCommerce or retailer or any new startup its quite difficult to have a high budget to market on high ranking websites so services such as adsense, a-ads or facebook present a low cost high turnover return reward possibility. Now the question that might comes to ones mind is why a-ads and not adsense? To answer that let me get into a bit of detail. Adsense requires high traffic websites inorder for them to be approved and get paid. While this makes sense for most people going through the entire setup for a businessman who is just looking to run a new or an old setup becomes quite confusing and hence he has to resort to either hiring someone and paying them to do this work for him. With this setup comes risks and rewards. People tend up putting their credit card numbers and details onto google server for their employees to use for marketing their products. This has its risks. Which in my opinion are very high. This reason and the fact that bitcoin is anonymous like a-ads is why I prefer putting an ad campaign which is much simpler doesnt require information and you can simply deposit funds in bitcoins so that your personal data is secured and not sitting on remote servers.

A-ads has been around since 2013 so its not a new website. I believe their fees of 20% is a bit high but for a small setup that is reasonable. If you accept bitcoins I think this is the best way to market your products since this will mostly please the btc community generally. If we look at
https://a-ads.com/catalog Link  we will see:

Selected category gives ~773551 impressions per day and includes 4503 ad units.
CPM: 0.00154157 Ƀ ($0.40), CPC: 0.00002542 Ƀ ($0.01)

This shows that displaying your ads on a-ads is relatively cheap against if you were to use facebook ads or adsense. This is the added advantage. To add to this its also known fact that most people dont generate sales in btc unless there is a discount involved. So even if you do accept btc doesnt mean you will generate too many sales. But you will be able to market your product to the world and very low costs with the same btc you are earning. Is this all worth it. Well it doesnt hurt trying.

Bloggers:

The question is why use this if you have adsense? Well for once it doesnt matter which type of blog you have as long as you generate some kind of traffic you will get paid. Lets be honest here I did a test and have integrated a-ads here and while I am not going to be earning much I am going to be making something. The setup is such that I hardly get around 20-40 people daily in total from http://bitcoin.com.pk and http://bitcoinpk.com and I am still able to generate small amounts of income. While this might not be big its better then nothing and ads out to atleast cover the cost of the domain and blogs after a year. This is based on my current earnings for around 2.5 days that I see this happening. Since I pay for my domains and hosting in bitcoins through namescheap it makes the cycle or well worth it. The one thing to note here is for people who would want to replace adsense with a-ads while it doesnt really make sense if you are earning higher amounts there is one advantage you will have over adsense, that is payment through bitcoin which can be cashed out at better rates from urdubit as opposed to using direct bank transfer and services such as western union.

Conclusion:
To wind up this I believe that a-ads is a good alternative to advertise and market your products anonymously and without much risks. Additionally marketers and advertisers have a cheaper solution to market their products on low budget websites and still be able to generate sales. Most ads dont get direct sales but do generate an effect in which the customer is reminded of your services and return once they need the product. I would like to suggest for everyone to give it a go.  Would like to invite Bloggersadvertisers and marketing experts to review a-ads and other such services to help freelancers grow.