Is mining worth it?

Recently, interest in cryptocurrencies and mining (the process of obtaining cryptocurrencies) has grown to an unimaginable maximum. A large number of people have appeared who want to earn money on this or exchange money in electronic format.

Cryptocurrency Development

Cryptocurrency is a digital or virtual currency that uses cryptography for security.

The exchange rate is set on the basis of a free floating regime as a result of supply and demand in the foreign exchange market with a complete lack of control by central banks.

At the same time, it is necessary to distinguish between the concepts of “digital currency”, “virtual currency” and “cryptocurrency”. Based on the proposed classification of money, it can be argued that bitcoins and other types of cryptocurrencies belong to the group of virtual currencies, they also include centralized virtual currencies (they include, for example, the game currency Linden Dollar in the three-dimensional virtual world of Second Life), and all virtual currencies are classified as digital money.

Among all the common features of cryptocurrencies, the following can be distinguished:

1. Money supply is controlled by an open algorithm, but is independent of central bank monetary policy.
2. Verification of all transactions is decentralized and public.
3. Electronic wallets are not directly associated with the identification information about their owners, at the same time, we are not talking about the complete anonymity of users.

According to the results of a comparison of generalized information on the legal status of the circulation, the most common cryptocurrency in some countries of the world is Bitcoin (Bitcoin) with data on the level.

It has been found that:

1. The use of bitcoin is legalized in countries with a very high level of penetration of insurance and a developed infrastructure of the insurance market.
2. The ban on the use of bitcoin is typical for countries with a significant amount of the shadow economy and a relatively low coverage of businesses and the population by insurance relations.

Cryptocurrency is already changing the global insurance industry, it will also affect the domestic insurance sector, if not in the near future, then in the future, in connection with which two scenarios are possible. The first is a further ban on the use of any type of electronic money and increased control over compliance with established rules. The second is to use the potential of the state in the financial sector, the field of information technology, as well as science and technology for development.

There are many activities aimed at maximizing the benefits of this form of money and minimizing the risks associated with it.

Benefits of cryptocurrency

At the same time, the main advantages of cryptocurrency include:

• low cost of transfers, which is especially relevant for microtransfers and microinsurance;
• relative speed of money movement between different users and countries;
• simplicity and flexibility for the user with a simultaneous security system;
• public registration of transactions and pseudonymous accounts ensure both the transparency of the system and its secrecy;
• impossibility of confiscation of funds;
• independence from the operation of the banking system for the movement of capital;
• Less red tape.

The peculiarity of cryptocurrency as a separate type of electronic money does not fully perform all the functions of money, determines its specificity as an object of economic analysis, has a significant impact on the formation and placement of insurance reserves, the liquidity of the insurer, and the efficiency of its activities.

Is it worth mining now?

Given the popularity of cryptocurrencies and the growth of their rate, many people want to start mining. It is worth noting that if you have a job, it is better to do something more familiar to you. It is not worth investing in equipment for the extraction of Ethereum, Bitcoins or other cryptocurrencies, the last money, because all this is a huge risk.

Specialists of the portal Author24 recommend spending on mining equipment only those funds that you don’t mind parting with. What caused such a belief? Here are a few things to keep in mind:

1. The average payback period for equipment is 1.5 to 2.0 years. Having bought a farm for cryptocurrency mining, you should count on a long period of work.
2. The rate of cryptocurrencies is not fixed by anything and depends on demand. This can lead to a drop in the value of virtual money and their massive sale, then you can end up without funds at all.

Therefore, you should weigh the pros and cons, and make the right decision.

When, after many sleepless nights, the diploma is finally ready, I want to pass it and forget it. But the university will not lag behind the student so easily. After all, the full text of the diploma was read only by the supervisor, and a whole commission will gather to evaluate it. Therefore, in many respects, his assessment depends on how the student defends his diploma.

So what is a successful defense?

• Competent protection text
• positive diploma review
• confident answers to commission questions

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our experts will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our experts will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our experts will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our experts will write you a paper of any complexity, and you can discuss the price with them personally.

Speech structure

Of course, what exactly to say in the defense depends mainly on the topic of the thesis and on what exactly is written in it, but there are general recommendations that are suitable for everyone.

• First of all, we need to greet the members of the evaluation committee. (“Dear members of the attestation commission! Your attention is presented to the final qualifying work on the topic …”)
• Introductory part. Here you need to reveal the topic and identify the issues that are raised in the work.
• Relevance of the topic. At this stage, it is important to prove the relevance of the chosen topic and the degree of its development in other people’s works. Indicate the subject, object, objectives and purpose of the study.
• Theme disclosure structure. Here you just need to list the paragraphs that are in the work and briefly describe them.
• Problem statement. To confirm the relevance of the topic, it is necessary to state the problem and indicate the debatable opinions on this matter.
• Conclusions. At the end of the speech, the commission should hear the conclusions that the student came to in the course of writing the diploma, in which there are ways and methods for solving the stated problems.

On the one hand, it seems that it is much easier to write a graduation speech than the diploma itself. However, high-quality speech is a skillful squeeze out of the work, as well as its competent presentation. And it often happens that a diploma is written with the highest score, and a student gets a worse grade. Therefore, if there is a lack of self-confidence, you can order a speech on our website. And then the probability of failure due to bad speech will disappear. After all, we give a twenty-day guarantee for the work, and if something does not suit you, you can demand that the author finalize the order for free. We make sure that students are satisfied, so if the final version of the work does not meet the stated requirements, you will get your money back.

Formal requirements

When writing a speech for a thesis, you must also take into account that there are purely formal requirements.

• Time. Do not forget that there are many students, but the commission is one. Therefore, the time for a defensive speech is regulated and ranges from 5 to 7 minutes. At the same time, you should remember about the time that will be spent on commission questions.
• Intonation. Where, no matter how on the defense of a diploma, is it important to win over listeners? Therefore, it is better not to read the speech monotonously, making accents with intonation.
• Style. When presenting a speech, it should be remembered that the main goal is understanding on the part of the commission. Therefore, you should not be too smart, but you can’t switch to colloquial speech either. In this matter, you need to observe the golden mean.
• Pronouns. As in the diploma itself, it is important to remember during the defense that although the author of the diploma is clearly spelled out, there are a lot of true owners of knowledge reflected in the work (the authors of all the sources the student relied on plus the supervisor), so first-person pronouns are not appropriate here.
• Questions. After the end of the speech, questions from the commission will inevitably follow, and you need to be ready for them. Suggested questions should be written down in the course of writing the thesis, work through all the questions that arose during the pre-defense, and you can also look at the questions at the end of chapters from textbooks on this topic.
• Pre-protection. In such a matter as defending a diploma, it is better not to be presumptuous and neglect pre-defense. On it, you can practice giving a speech and write down possible questions from the audience. This will allow you to feel more confident in the official defense.

Of course, these are only recommendations, and no one forces you to strictly follow them. However, the rejection of some positions during the defense will create additional questions from the certification committee, which is not always loyal. Therefore, it is best to think through all possible questions and answer them in advance in a defensive speech. Then the teachers will have a minimum of questions, and they will be grateful for the saved time.