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What is mithril mining? How is it better than mining Bitcoin or Etherium?

What is mithril mining? How is it better than mining Bitcoin or Etherium?

In general terms, social mining is the process of generating something valuable from social media platforms. This something valuable can anything which helps us in moving forward.

I crypto term social mining is mining cryptocurrency from social media platforms. There are a huge number of cryptocurrency exists in this present day and mining most of them is very difficult and difficulty level in rising day by day. Following is a monthly chart of hash rate increase:

So we can conclusively say that mining bitcoin or etherium will be very difficult to mine in the near future and since they have a limited number of coins they will very soon run out because cryptocurrency demand is increasing every day and so is the number of miners.

Another disadvantage of mining bitcoin or etherium is that they require very expensive hardware. To mine these coins you have to build a mining rig with advanced GPU’s else you will not go very far.

The great thing about mithril mining is that you do not need a proffesional level rig to mine it. You do not even need very hitech hardware, you just need a smartphone not even very expensive. Just enough to be used in everyday life. You have to install an app from the app store and you are good to go for mithril mining.

you can do it even while sipping coffee

Also, you do not have to always maintain a dedicated rig. For mining mithril, you have to do what you do every and that is interacting with people online. People do that anyway on facebook. You just have created posts, give pictures, make friends and have fun on social media associated with mithril like PiePie or Yeemos. And after having you have some mithril in your pocket. How cool is that?

So we can conclusively say that mithril will revolutionalize the crypto world. It is the future.

Published at Sun, 19 May 2019 20:05:29 +0000

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Filling the Demand: Cryptocurrency Job Postings Set to Triple From 2016

Filling the Demand as Cryptocurrency Job Postings Set to Triple From 2016

AngelList, the job board specializing in startup jobs, reports cryptocurrency job postings have nearly doubled in the past six months and are soon to triple from 2016. Companies in the crypto space have experienced “unparalleled investment and growth” in recent months. The organization stated that while many new technologies (self-driving cars and virtual reality, for example) are embraced by tech giants, cryptocurrency remains one of the largest non-corporate startup opportunities.

The data shows that investments are on the rise. Cryptocurrency startups collected more investments in the first two quarters of 2017 ($467 million) than they did in all of 2016 ($325 million). According to AngelList, as the companies in the crypto space grow, and raise larger amounts of funds at higher valuations, their need for new talent has also grown. The two main reasons for the crypto hiring boom are the expansions of both bitcoin and Ethereum to a mainstream audience and the popularity of Initial Coin Offerings (ICOs).

In 2016, there were 442 cryptocurrency-related job postings on AngelList; however, the number of listings is projected to reach 1,255 by the end of 2017. The organization added that in the last six months, the number of job postings has nearly doubled. While experienced engineers in the crypto space are in the highest demand, startups are also looking for engineers with an interest in cryptocurrencies. There are also positions ready to be filled in the areas of marketing, business development, operations, customer support and other job functions in which no technical background is required.

The main reasons to join a cryptocurrency startup as either an employee or a team member include better salaries — up to 20 percent higher compared to the industry norm — more remote flexibility and employee liquidity in the form of tokens or coins, which is often an exclusive bonus offered at “new coin/token companies,” according to AngelList.

Preparing to Answer the Growing Demand for Talent

At a time when demand for crypto experts is on the rise, the blockchain and research development company IOHK has announced that the first cohort of its graduates has successfully completed training at the summer course hosted by IOHK, and are ready to start working within the crypto space and blockchain industry. IOHK plans to offer full-time positions to selected candidates from the training program in the firm’s newly created Athens Haskell Team.

IOHK offered the summer course free of charge to computer science graduates in Athens, Greece. The participants were personally selected by the university professors. The course primarily focused on Haskell, a programming language currently in high demand within the crypto space because of the language’s significant security advantages. The summer course was a little more than two months long, hosted between July 17 and September 22.

“Corporations and financial institutions are increasingly seeking Haskell developers, but are faced with a shortage of skilled programmers. IOHK is delighted to have trained seven talented students into proficient Haskell developers. Building on IOHK’s growing legacy of sourcing and training high-quality programmers and engineers from Greece, we are proud to have made several offers of employment to them,” IOHK Chief Scientist Aggelos Kiayias said in a statement.

In addition to attending lectures presented by notables like Dr. Lars Brünjes, Haskell developer at IOHK, and Dr. Andres Löh of the Haskell consulting firm Well-Typed, the students had to complete assignments and programming projects, such as creating peer-to-peer networks and performing a “handshake” with a bitcoin node.

“By integrating several of IOHK’s internal project goals into the curriculum, students were given practical experience programming code that solved real, relevant industry problems,” Prof. Kiayias said.

IOHK is not the only firm offering blockchain courses for students. Blockchain software technology company ConsenSys recently announced that the first developer program class of ConsenSys Academy, consisting of more than 150 blockchain developers, will be flying to Dubai for a “three-day hackathon” followed by a graduate ceremony on October 22, 2017. According to the organization, the class represents the first group of successful candidates out of 1,300 applicants from 95 different countries. ConsenSys’s goal with the Academy’s program is to address the global shortage of blockchain developers.

The post Filling the Demand: Cryptocurrency Job Postings Set to Triple From 2016 appeared first on Bitcoin Magazine.