Ethereum Mining Guide for 2018

What is #Ethereum Mining?

Mining Ethereum is sorting through data blocks from peer distributed cryptocurrency networks to find information that can be used to solve challenging math problems. Successful Ethereum miners can earn crypotocurrency in in exchange for their work.

Ethereum mining requires a lot of intensive computation work, time and lots of processing power. Ethereum is a platform with several applications that are helpful for users trying to do a variety of everyday tasks very simply. Results generated through digital mining is referred to as proof of work system.

The process of getting cryptocurrency tokens of Ethereum from blockchain networks requires having computers programmed to run a hashing algorithm non-stop. The hashing algorithm condenses a large amount of information into fixed length string of numbers and letters. Ethash, the hashing algorithm employed by Ethereum, hashes metadata drawn from the most recently available using a nonce. This binary number is able to create a unique hash value.

With every new block contained in the blockchain, a new target hash value is set by the network. All miners on that network attempt to guess which nonce will result in the desired value. The miner that discovers the right nonce is awarded the block and receives 5 ether. The process begins again following a cycle which occurs about every 12 seconds.


Ethereum Mining Rigs: Dedicated machines can mine ethereum much faster than average computers, but you’ll need a little bit of help building an efficient mining workhorse like this one.

Ethereum Mining How To Guide

For people interested in doing this type of mining, it is important to get an Ethereum mining how to guide that will walk through every possible step, explain the process in detail and make you aware of any tools and training you will need beyond the scope of this article which provides the high level methods you can use to mine ethereum and the pros and cons of each. A how to guide can also help you master the skills you will need to get good results consistently. With the right mining how to guide and some practice, it is possible to gather the information you need to solve even the most complex mathematical problems and be able use mining applications with your existing computer hardware.

Ethereum Mining Guide: 2018 Edition - Strategic Coin

Click here for the complete Ethereum Mining Guide.

Bitcoin Price Increases to Above $10,000

Bitcoin Price Increases to Above $10,000FinancialBuzz.com News Commentary

NEW YORK, February 16, 2018 /PRNewswire/ --
Bitcoin price rose above $10,000 on Thursday for the first time in two weeks. According to CoinMarketCap, the price of bitcoin jumped 7.78 percent to $10,050.40. The world's largest cryptocurrency by market cap now rebounded more than 60 percent from its low of about $6,141 hit last Tuesday. Increasing adoption of cryptocurrency drives the growth of the market. Coinbase, the leading U.S. cryptocurrency trading platform, announced the launch of Coinbase Commerce, a new service that allows merchants to accept digital currencies such as Bitcoin, Bitcoin Cash, Ethereum and Litecoin. DMG Blockchain Solutions Inc. (TSX-V: DMGI), International Business Machines Corp. (NYSE: IBM), Chinanet Online Holdings Inc. (NASDAQ: CNET), Long Blockchain Corp (NASDAQ: LBCC), Bitcoin Investment Trust (OTC: GBTC)

On Wednesday, the price of Litecoin surged over 30 percent on the news that a payment system for Litecoin is set to launch on February 26th. The new payments processor, which is called LitePay, will allow businesses to accept Litecoin payments. The upcoming hard fork for Litecoin also boosts the demand of the digital currency. Litecoin's first hard fork is expected to take place on February 18th. According to CoinMarketCap, Litecoin is the fifth-largest cryptocurrency by market capitalization, with a market value of $11.8 billion. According to CNBC, Iqbal Gandham, U.K. managing director at eToro, said: "With the fork in Litecoin cash it seems to help miners use their equipment more efficiently."

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The global cryptocurrency mining market is expected to reach US $38.38 billion by 2025 Click here to read the news report.

Nollycoin, First Cryptocurrency for Nollywood

Dr. Ope Banwo's "Nollycoin" is the first #cryptocurrency in the Nigerian entertainment industry. But 99.99% of people in #Nollywood are clueless about what is an ICO; not to mention ETH.
If JP Morgan’s Jamie Dimon has declared Bitcoin to be “a fraud”, then what will the world say of a cryptocurrency for the film industry of a country that the apex bank has declared cryptocurrencies as illegal in Nigerian business transactions?

The Unacceptable Ignorance of Corporate Nigeria on the Emergency of Millions of Poor Girls Out of School

I am still baffled that if I don't initiate and organize the annual United Nations' International Day of the Girl Child in Nigeria, no one else does so.
It is baffling to see the unacceptable ignorance of Corporate Nigeria on the humanitarian emergency of the over 5 million underprivileged girls out of school in Nigeria.

Millions of girls of today become mothers tomorrow before the boys even become men, because of the widespread cases of girl child marriages and teenage pregnancies.

Uneducated girls are the most deprived and most vulnerable humans on earth.
Underprivileged girls out of school are the most Disadvantaged girls in the world.

Innovation and Consolidation To Drive African Telecom, Media and Tech Deals, Says Standard Bank

PRESS RELEASE

Innovation and Consolidation To Drive African Telecom, Media and Tech Deals, Says Standard Bank

Improving economic growth and investment in technology and broadband to fuel growth in Africa’s telecom media and tech sector

CAPE TOWN, South Africa, February 12, 2018/ -- The global head of TMT (www.TMTfinance.com/capetown) for Africa’s largest bank, Standard Bank (www.StandardBank.com), is predicting continuing deal flow and increasing investment in Africa’s flourishing telecom, media and technology sector in 2018, against a backdrop of improving economic growth and increasingly stable currency outlook across key markets such as Nigeria.

The Phenomenon of Nollywood in Film Studies

The sociocultural phenomenon of Nollywood, the video film industry in Nigeria known for guerrilla filmmaking has attracted foreign journalists, film scholars and students even before the coinage of the name "Nollywood" by the New York Times in 2002.

Nollywood rebranded the global image of Nigeria by showing the amazing creativity and ingenuity of Nigerians who started the first revolution in independent filmmaking in Africa with no-budget or Bootstrap budget home videos of Nigerian drama.
The first home video hit movie, "Living in Bondage" that was released in 1992 has been erroneously called the inaugural Nollywood movie by many foreign journalists and scholars who did not do enough research before publishing their reports and were ignorant of the home videos of Yoruba and Hausa producers .
Following the success of "Living in Bondage",  the National Film and Video Censors Board was set up by Act No.85 of 1993 to regulate the production of the home videos.

Restructuring: Jonathan, Governor Dickson and Top Ijaw Leaders Call for Sincere Implementation of APC Report

Governor of Bayelsa State, Hon. Seriake Dickson (right) explains a point to former President Goodluck Jonathan (left) during a high level consultative meeting of Ijaw leaders in Yenagoa. Photo by Lucky Francis (PRNewsfoto/The Governor's ...

LAGOS, Nigeria, February 2, 2018 /PRNewswire/ --

Restructuring: Jonathan, Governor Dickson and Top Ijaw Leaders Call for Sincere Implementation of APC Report

The Governor of Bayelsa State, Honourable Henry Seriake Dickson, on Thursday led a high powered delegation of Ijaw leaders to former President, Dr. Goodluck Jonathan  to deliberate on the All Progressives Congress Committee's report on Restructuring.
 
Jonathan, the Governor and the top Ijaw leaders called on President Muhammadu Buhari and the leadership of the All Progressives Congress to be sincere with the implementation of the recommendations of the party's committee led by Governor Nasir El Rufai of Kaduna State.

Taking Nollywood To 24 Million Blockchain Wallet Users

Taking Nollywood To 24 Million Blockchain Wallet Users

On Friday, February 2, 2018, I honoured the important invitation of the Nollywood Studies Centre of the School of Media and Communication at the Pan-Atlantic University (PAU) in Ibeju Lekki, Lagos state. We want #Nollywood to benefit from the great opportunities in #blockchain film distribution in the global film industry.

I met with Mrs. Chioma Anokwuru. Manager, Nollywood Studies Centre and her colleagues, Mrs. Temitope Falade, Cpmmunications Manager, Mr. Kenneth Esere, Director, SMC Media and Mr. San Igbedion, Media Production Officer. And later I met Dr. Ikechukwu Obiaya, Dean of the School of Media and Communication.

Largest Yellow Fever Vaccination Campaign in Nigeria's History Under Way – UN Health Agency

Largest Yellow Fever Vaccination Campaign in Nigeria's History Under Way – UN Health Agency

NEW YORK, 25 January 2018 / PRN Africa / -- The Nigerian Government launched a mass vaccination campaign in alliance with the World Health Organization (WHO) on Thursday, aiming to immunize more than 25 million people before the end of this year.

More Flee Cameroon's English-Speaking Areas To Nigeria

More Flee Cameroon's English-Speaking Areas To Nigeria

UN concerned over safety of women and children

NEW YORK, 19 January 2018 / PRN Africa / -- As swelling numbers of people flee English-speaking areas of Cameroon for Nigeria, the United Nations on Friday expressed concern over the precarious situation of women and children, which make now up about 80 per cent of the approximately 10,000 registered refugees in eastern Nigeria's Cross River state.

“Some of these are boys and girls who fled to Nigeria  alone,” William Spindler, spokesperson for the Office of the UN High Commissioner for Refugees (UNHCR) told reporters at the regular press briefing in Geneva, adding that unaccompanied and separated children are particularly vulnerable.