Understanding cryptocurrency is a stand alone technology

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The common mistake that most everyone makes is comparing Bitcoin or any other cryptocurrency to any FIAT fake currency. If you look at this the correct way You will see that if you have one Bitcoin, and let us say you want to buy CPUchain once you trade that one Bitcoin to CPUchain, you will see you have 34 million CPUchain coins.

 

This is mainly because Less is more. Any other coin is put on a protocol and Bitcoin in itself is used as the network Gold Standard. This means that Metrics, not Fake FIAT money is the determining factor in exchanging cryptocurrency between wallets.

 

Small miner operations make good when they decide to mine another coin, other than Bitcoin. There is enough miners on the Bitcoin network, so in order to make good they use Multi algo pools and request a payout in a lesser coin.

 

Let us take a look at exchanging a coin for Bitcoin then we will exchange that same coin for another currency. What we are going to show you is the speed at which the coins add up rather than banking on having the coin you are mining take a longer time to add up to Bitcoin.

 

AXE TO BITCOIN

We will use Axe Coin in this example. So you mined axe coin and it has taken you a 14 hours based on the multi algo pool, because you are adding the coin to exchange to Bitcoin. You will see that the 100 AXE you have mined equals 0.0006662217535423712 BTC. You have not even reached the minimum payout yet this would be slow.

 

AXE TO DIGIBYTES

Now Let us take that same coin you have mined and with requesting let us say Digibytes to be your payout coin. From that same 100 AXE you will receive 479.2235101036003 DGB. This would actually have a faster payout since in most cases the minimum payout for all other coins every 2 to 4 hours are 0.05-0.5. This means your payout in coins would add up faster in the long run because as you continue to mine, coins are continuing to be sent to be exchanged. The cycle will go quicker.

 

 

Each exchange has a minimum amount of coins that can be traded. Should you pick a lesser coin your coins can be traded faster if the pool developers know what they are doing.

 

The point is that the FIAT Dollar does not exist. The only thing you should be comparing any cryptocurrency to is the Network Gold of Bitcoin. Once you truly understand this you will be better knowledgeable to mine the right coin or coins that work for you

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