How To Calculate ROI In Cryptocurrency Investments Using Different Scenarios

A critical pointer in cryptocurrency is the ability to calculate the return on investment (ROI), which empowers financial investors to evaluate the productivity of their holdings. Finding the percentage change in the initial investment over a given period of time is the most important phase in working out return on investment. To demonstrate how ROI in cryptocurrency functions, we should look at perhaps one or two scenarios. Scenario 1: Transient ROI Envision a trader who contributes $30,000 to get one Bitcoin (BTC) and sells it for $40,000 in the following six months. The formula for ROI is: (Selling Price –

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Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current FleetOn Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9 […]

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Survey: Crypto Traders Predict Ethereum’s ROI to ‘Crush’ Bitcoin’s 2021 Year-End Return

Survey: Crypto Traders Predict Ethereum's ROI to 'Crush' Bitcoin's 2021 Year-End ReturnBitcoin and a slew of digital assets have seen massive drops in value during the last few days, while the top two leading crypto assets bitcoin and ethereum have been battling for market supremacy. This week, bitcoin’s towering dominance over the crypto economy has dropped to a three-year low tapping 41.9%, while ethereum’s market cap […]

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Chasing Liquidity Pools: Crypto Assets and Defi Apps Can Give Yields Up to 400% Annually

Chasing Liquidity Pools: Crypto Assets and Defi Apps Can Give Yields Up to 400% AnnuallyWhile cryptocurrency markets have been red hot and gaining in value, demand for certain assets and liquidity has grown massive. At the same time, a myriad of crypto proponents are chasing significant returns by hunting for liquidity pools with colossal yields. These days certain decentralized finance (defi) applications can give a yearly ROI upwards of […]

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2019’s Token Sales Have Produced a Handful of Winners

2019’s Token Sales Have Produced a Handful of Winners2019 has proven a challenging year in which to launch a crypto startup, with the most successful tokens recording only modest returns. Investors chasing the sort of double-digit returns that were one commonplace have been mostly frustrated by a markedly more conservative market in which picking a winner has called for a combination of shrewdness […]

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PR: Pbet IEO Launches on P2PB2B Exchange

PR: Pbet IEO Launches on P2PB2B ExchangeGreat news for aspiring crypto investors looking for a prospective token. Rising crypto gaming platform Pbet will finally launch its IEO on P2PB2B exchange today for its signature token Pbet that holds strong potential for excellent ROI in near future. PBET will launch its IEO on 2 additional exchanges during this month only.

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Moon Landing or Misfire? 2019’s Biggest Initial Exchange Offerings Analyzed

Moon Landing or Misfire? 2019’s Biggest Initial Exchange Offerings AnalyzedWhatever your feelings on initial exchange offerings (IEOs), there’s been no avoiding them this year. Nurtured under the wing of cryptocurrency exchanges before being unleashed onto liquid secondary markets, many tokens have mooned, while a few have fizzled out like damp squibs. To gauge the current market sentiment toward IEOs, news.Bitcoin.com has calculated the return […]

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