How To Deal With Imposter Syndrome And How To Stop Self Doubt To Succeed

Hey guys today I want to talk to you about imposter syndrome because this seems like a huge huge problem for a lot of people who want to build their online businesses, who want to create courses, share content online and so on. 

7 Steps On How To Start An Online Business In 2021 The Right Way

I spent about 10 years working at a few corporate jobs that led me to nowhere close to my dream lifestyle. And just in one year since starting my online business I was able to quit my day job. And went to making about $350k/year by the end of the 4th year in business.

5 Tips On How To Leave Your Job The Right Way And Never Regret | Quitting Your Job In 2021?

I’ve been in and out of corporate jobs and when I finally quit it for good in 2017 to start my online business, that last time I did it without making a ton of mistakes. The previous attempts to quit my 9-5 were not very successful. I mean, I did quit a couple of times but then I had to start over looking for new jobs and because I wasn’t properly prepared for the big move. Now I will tell you what I REGRET about the way I quit my day job. Hey, I don’t have anything against corporate careers and many people succeed in it. But maybe you are a little bit like me. Maybe you’ve always had this voice in your head telling you that you are not cut for the 9-5 job and there is something else out there more exciting and rewarding waiting for you. I had different experiences at different companies. I can’t say my corporate jobs were always entirely depressing or worthless for me. 

 After all, if I didn’t have those jobs I wouldn’t end up creating my online business because I’ve got the ideas and a lot of experience in online marketing which I am using in my business every day. And the main thing I learned at my corporate jobs was that I can do almost anything if I put enough effort into learning it. But a few things have stuck with me and eventually lead me to a decision that corporate world is not for me. At my first corporate job, my boss the editor-in-chief of an online magazine, and she had go for a maternity leave. I was initially very honored because she chose me out of the entire team and told our higher-level boss that I was the best candidate to work in her place. Initially I was asked to work for the same salary but do the job of 2 people. I agreed because it was supposed to be a temporary “trial” situation. But 6 months passed and nothing changed. I was working extra hours at the office and then kept working at home in the evenings to keep up with all the work I had to do for the 2 of us. I was exhausted but hopeful because I thought by the end of the 6 months something would have to change. 

No one was asking me to talk about the future, so I initiated a meeting with the boss and he said that he was happy with my work at the two positions. So it was all going well until I asked if there is any change in my salary or in my official position expected. Then he told me I was too young for editor-in-chief position (although I was 6 months in doing that work for free!) I was 23 years old but it wasn’t the real reason. He just didn’t want to admit that I was entitled to a raise and that was it. So I told him alright, thank you for your time. And I quit. But what stuck with me on that meeting was that when signing my papers he saw that before this job which was my first full-time job after the University, while I was studying, I had a part-time job as a waitress. So, he looked at my papers and made a pretty humiliating remark something along the lines of from a waitress to an editor-in-chief, yeah? I was actually very proud of that waitress job because I never had to ask my mom for money since I left home at the age of 18, I always worked part time while studying. 

Basically, at my first office job I faced the glass ceiling and biased attitude. It was the first red flag for me and since then, I started thinking of my way out of the corporate world. I don’t want to talk in this video about all the signs that bring you to the decision to quit your job and start your own thing. Each one of us had some kind of experiences that worked as the red flags and lead us to a decision about quitting the 9-5. I can just tell you that I personally always felt that I wanted more control over what exactly I do at my job, I always wanted to set my financial and expertise-wise goals way higher than any job I ever had could offer. I wanted my own thing and starting an online business was just the most logical and affordable for me. Logical because I always worked for companies that operated mainly online, so I had a pretty good understanding of what I was going to do. And affordable because you can start an online business with a little investment of about $3/mo which is the cost of hosting your website. If you want to know what I’m talking about, I left a link in the description below this video. So what are the things you should and should NOT do between the moment you take a decision to quit your job and actually quitting? 

1. Don’t tell about your decision to ANYone of your colleagues too early It might be even your best friend who will share the news with their best friend and so on, maximum in a week your boss will know all about your idea of quitting and who knows what will be the reaction and how you might lose the position of strength when you actually need to talk to your boss. 

2. Save enough money to live for at least 6 months without an income stream You don’t know how fast things will get going for you in your own business. Always hope for the best but be prepared for the worst-case scenario. You never know. Imagine that you quit your job and your business idea was in tourism niche. Now look back at the beginning of the pandemic and how it affected tourism. You need to have the time and the space in your head to start fresh and focus on your own business without having to worry about your basic bills and needs. 

3. Start a side-hustle while at your 9-5 job This is something I actually did before quitting my job the last and final time. I started a blog and was working on it for about 11 months while still at my day job. So I did have to sacrifice some of my Netflix time and about 6 hours on weekends for almost a year, to work on my blog as a side hustle and without seeing significant financial returns initially. But that’s why I told you, start it WHILE you are still at your 9-5 job and build up the skills that you need to be ready to quit. Find your first few clients if you are going to be a freelancer or start any kind of service-based business so that when you quit your job, you have a smooth transition and already have some history in your business. 

4. Write an Official Resignation Letter Even if you already talked to your boss, writing an official resignation letter is probably even more important because it’s your legal document that defines the last day of your work. In many countries workers are obliged by law to give an official notice to the company 2 weeks or even a month in advance. If you are new to the corporate world, it might be a surprise to you if you just talk to the boss but don’t sign an official resignation letter, the company may decide to keep you longer than you expected. 

 5. Learn what you need to actually start your own business Before quitting your job if the plan is to start your own business, make sure you watch my other video where I gave you the essential steps to starting your online business this year. You want to watch it to make sure you have at least an idea of what will be your first steps when you leave your job, so that you can start your own business the right way and fast. 

Alright guys, I hope you found some of my tips useful. If you did, give me a thumb up and in the comments, let me know what is the most frustrating part of being in the corporate world for you. Now I hope you will take the leap when it’s the right time for you and don’t make any costly mistakes in the process of quitting your job and starting your own business.

How to Post on Pinterest Using Phone or Computer in 2021 – How to Use Pinterest for Beginners

hey there this will be a article for someone who is very new to pinterest platform and wants to know how to post on pinterest using a phone or a desktop computer i will show you the best image sizes that work great on pinterest the required video length and the format for video pins and everything else that you need to know about different types of pins that currently exist on pinterest.

5 Ways To Pinterest Growth | How To Get More Followers On Pinterest 2021

How to get more followers on Pinterest? This is probably the MOST popular question I get as a Pinterest expert. In this video I will give you the right 3 ways to can use to grow your followers on Pinterest but I will also show you what you should definitely avoid doing if you don’t want to get your account suspended. Let’s first talk about growing followers on Pinterest. Do I recommend seriously focusing on growing this number? If you watch my video recorded about 3 years ago, you’ll see that I was kind of neeeeh, followers on Pinterest are not really important. But I am recording this new video and things have changed over time, so what can I tell you today my friends? 

How To Earn $10,000 Per Month? how To Make Money Blogging For Beginners In 2021

Can you make money blogging if you are just starting this year? What are the best ways for beginners to make money blogging? You’ll get the answers to these questions but not only that. I will share with you my story and tell you how I made my first $1000 a month as a blogger and how long it took me to get to that number. And if you are totally new to blogging, stick with me to the end of this video because I will tell you where you can get my Printable Checklist for Beginners. It’s 11 things you should remember to do the RIGHT way when you start a blog on Wordpress. I share my tips on online business and Pinterest marketing every Thursday. So this was my reality in 2017. I was working full time in an office and was secretly planning my escape from the 9-5. I was trying to focus on my blog after working hours, and on weekends. It was quite exhaustive but I was positive that this extra effort was a temporary thing and will allow me to change my lifestyle completely once the blog will start getting traction. 

9 Unexpected Blogging Tips For Beginners From A Full-time Blogger Making Over $500,000/year

This will not be a article full of advice you’ve seen everywhere, like follow your passion, or just go ahead and start it. In fact, many of my tips might sound controversial but as I promised, I will talk about stuff that worked for me and in general, this is my approach on this channel. I don’t talk about things I don’t know about. And when I talk about something, I don’t like to give you general advice, I speak from my experience and it’s totally up to you to follow any of my tips or ignore them and do things your own way. Now buckle up and let’s get started! 1. First thing that lots of people will tell you to do is niche down and then niche down from there even more. Well, my friend, this advice is a bad one. But it’s not the only way to create a profitable website. Lots and lots of big-name bloggers and online magazines that started as blogs, don’t have a specific niche. But they get a ton of traffic from many sources. 

How to Advertise on Pinterest in 2021 | Learn to Set Up Promoted Pins

Hey, friends, do you want to try running ads or promoted pins on Pinterest, but kind of feeling confused as to how to even start it? Well, this video is for you because I will make a beginner level tutorial click by click so that you can set up your Pinterest ad account and start running your first ads on Pinterest by the end of this video. 

How To Do Pinterest Keyword Research In 2021 Tutorial? New Pinterest Keyword Tool Review

Is there a keyword research tool for Pinterest, similar to multiple tools that exist for Google SEO? This is one of the questions I was asked all the time on this channel. And finally, in today's video, I can introduce you to an actual Pinterest keywords research software that can be very helpful when you're trying to understand which keywords are popular and Pinterest. I'm a Pinterest marketing expert, a full-time blogger and an online business educator. And if you want to learn more from my tutorials, then subscribe to this channel and hit the Bell button to get notifications as soon as my new videos go live. Let me give you a bit of background info here so that you understand why I'm so excited about this new tool. Historically, Pinterest was never generous, providing any data about the keyword search volume on their platform. But in the last year or so, keyword research became even harder for us because they removed these colorful boxes with thatrelated words and keyword suggestions under the search bar. We also had another tool which was available inside the advertising cabinet on Pinterest, and that tool shows popular keywords. But in most cases, the search volume appears to be five plus million for all the keywords, which just doesn't make sense and cannot be realistic. So yes, we could get some keyword ideas from this tool in Pinterest ad Cabinet. But still, it wasn't clear how to evaluate which keywords are popular more than the others. Now, I have to mention right away that this video is not sponsored by the company that developed an inspector, which is the software that we will use for keyword research on Pinterest today. I do have my affiliate link to the software in the description below the video, and if you use my link, you will get a special discount that I arrange with the software developer. And if you do use my link, thank you for your support. I really appreciate it. Anyway, there is no extra cost for you and you get a special pricing through my link. So let's start with a general overview of Pin Inspector. First of all, since so many of you were looking for something similar to Google keyword research tools, I have to tell you that this one looks really attractive price wise because most of the advanced keyword research tools for Google, they will charge you a monthly fee. And here you're paying just once when you download the first time you just purchase. It's a one time fee and then you can use the software once you install it on your computer. So if you compare it with the monthly fee for Ahrefs, for example, then they will charge you a hundred dollars a month. And that's on their basic, the most standard and like the cheapest plan on Ahrefs. And also, I want to note here that this is not the only and not the first software developed by this company. And if you look at their home page, you will find that that they have a lot of keyword research tools for different markets. For example, they have a keyword research tool for a tool for Etsy sellers and in general for e-commerce stores, for drop shipping. So this company has a history and they really know what they're doing with all this keyword research tools. And I was also glad to see that Pin Inspector works with both Windows and Mac computers, usually software in a similar price range. They are only available for Windows computers and I usually do most of my work on the Mac computer. And I was really pleased by the quality of the product in general, because for such a new software, it's a really great surprise to see that once you complete the purchase, you will find inside. The developer of the software prepared very detailed tutorials on each section and the feature of software. And I suggest that you watch all this videos to really understand the full capacity of the software and you will see that the videos, they take almost the entire online video course. It's about 19 videos and I think each one of them is about seven to 10 minutes on average. So definitely if I wanted to make a full tutorial here, it wouldn't fit into a format of YouTube video. But anyway, the developer already gave you all the detailed tutorials that you will ever need for this for using this tool.

So what I will do here in this video, I will just show you really quickly a few of my favorite features and I will make a little disclaimer for full transparency, but we will get there in a few minutes about that disclaimer. First, let me show you how cool is this keyword research feature. You don't only get a huge list of keywords that come from Pinterest suggestions, but you also can filter them by popularity. So you just need to look here on the left column. You have this column and you'll notice here that they have this numbers one to one. So. Then they have three, four or five skewers that have ranked number one are the most popular, and we can get a list of 50 or 100 of cures that are the most popular, the cures that show up first, insert suggestions on Pinterest. So you see, you just need to click on the rank this column and it will filter them by the ranks. So you will just see number one then all the keywords number to all the keywords with the ranked number three and so on. And the other great feature that I wanted to show you is when you're using This pin stap, you can search for the most popular pins for search for a specific search phrase. So we're looking for the same keyword vegan recipes. And here what we can do if you look at the right top corner is a button called columns. So if I click on this one, I can check or uncheck as many columns as I want is I want because right now we have so many. I think it's over 40 columns. It's all the data that can possibly be taken from Pinterest. But maybe we don't want to look at all this column. So we want something more convenient so we can just click on this button here and remove like we can uncheck all the columns first and then only check the ones that we want to have. So if I want to filter them only by the number of Repins, we'll just look at the Repins. And if I click on the column, it will filter them and will show us from the top to the bottom. So this will show first the bins that have the maximum number of Repins. If I want to see how many saves it gets or some how many comments it gets, we can filter all of this. There are some other metrics like Engagement's when people give this Lileks or love things. And while different types of engagements for Video pins or for Story pins, you can filter that by then. By that metric as well. You can you have lots of them. Look, you can even filter by the domain name, by the side name, etc. So you need a really if you really want to dig deep into the results of this top pins, you can actually do a lot of research here and even see the names of the boards to which they were they were saved or the creator name or even if you want, you can see piña follower's. 

So you can you can see how many followers does the user who save This pin half. And you will notice the correlation between the pins that are the most popular by Seif's and Repins. And you'll see that their follower numbers are also pretty high. But it doesn't mean that it always happens that way. Sometimes you'll see that there's a with only 42 saves, but the Pinart has quite a lot of followers, so it all depends. But for the most the most top, top, top popular repins by Repins and by number of saves and repins, you'll see that they're pretty popular accounts by the number of followers. So that's that goes to the question of whether or not followers currently matter on Pinterest the death. There is definitely some correlation between popularity of pins and the number of followers. It doesn't mean that as a new account, I don't have a chance to rank on Pinterest you do have because it's a search engine, but it matters how many followers you have. And actually I have another video on my channel quite recently with some updated views of mine on the topic of following numbers on Pinterest. And I'll link that video in the top right corner so you can watch that as well and see how you can work on growing your following numbers organically without, you know, getting filtered as a spam account. And then another filter that you can only work on if you click, for example, on this Web browser and scrape here, you will see this popup window and here you can filter by type. So you can see if you want to see only organic pins, it will be called pins only or you can select ads only. So this filter allows you to see all the promoted pins for the specific keyword and you will see basically the Pinterest ads that show up for the skewered and the Trank really well. And on top of that, you will see their performance so you can filter the results and then see how many saves they have, how many comments or repins or whatever, how many engagements this ads are getting. So you're basically spying on some of your competitors for the specific keyword in Pinterest ads in promoted beans. And now it's the time for this little disclaimer I mentioned earlier is that an inspector is not an official Pinterest partner at all. And providing your login details for your account to a third party is not in line with Pinterest guidelines. So if you want to analyze promoted pins or if you want to check this trend, stab over here. You have a Pinterest Trends tab. If you want to use these features Trends and if you want to see promoted pins, you will have to log in. And to avoid any issues with your Pinterest, you're actually used to actively used Pinterest account. What I suggest is. You use some dummy account, like just create an account for the sake of these tests and use the login details from that account here in the settings, also, depending on where you live, some of the features of the software might not be returning your any results. For example, Pinterest Trends tool, which I just showed you on that tool on Pinterest itself, is currently only available for the United States, Canada and the United Kingdom. So if you tried to use Pinterest Trends feature in this software, then it will likely get, you know, results because if you live outside of this three countries, then Pinterest is not going to show you Pinterest trends basically even on Pinterest itself, not just in this software. Got it? So it's not the fault of the developer that it's not working this feature. It's just the fact that you're not living in one of these countries. So the software cannot extract this data from Pinterest because Pinterest doesn't show it to you on your computer. So you can probably try a proxy service or a VPN to hide your real IP address and you can use an IP from one of these three countries. So I'll give you a couple of links to smart proxy service and to a VPN service so you can try one of those and see if it helps you. If you really need to use Pinterest using an IP address in one of these countries. So it shows you the Pinterest trends. And then I wanted to show you even more exciting functionality of the software is that you can analyze Tobins ranked by Google in Google search results so you can click here and this tool will browse the software, will browse Google results and will find all the top things that aren't ranking high in Google for the keyword that you're looking for. For you to understand how this tool works, I actually recommend you to watch video number 10 on on this page. Once you purchase the software, you will just click on this video then and here in the video at around eleven minutes, something you will see how to do this research for from Google search results. You'll just insert site and then Pinterest dot com slash pin and then the keyword that you're looking for. And this tool will basically scrape all the pins that are ringing high for this keyword in Google search results, and it will give you all the Story pins here in the right column. So you can just copy and paste all those from the right column. And here you can see and he went back to the tab called pins, and he inserted all this URL. That's where he got from Google search results. He inserted them here and clicked analyze. And now he can analyze the top things that Google is ranking high for this keyword. And so you can analyze them the same exact way by looking at the most popular pins, by saves, Repins, etc. . So you're not only understanding, which means a ranking high on Pinterest itself, but you can also see how you can get Google traffic using Repins on Pinterest. That's really exciting for me. And if you look at the data that the software is showing you, things like the number of repins, the number of saves, all of this information currently is not shown on Pinterest itself. We used to have some of this numbers, like the Rich pin counts on particular pins previously, long ago, like years ago. But then Pinterest started removing this data. So people cannot analyze so easily just by looking at the pins, analyze which pins are more popular, which ones are not. So it made a competitor research much harder on Pinterest. But with this tool you can actually filter the results and see the pins that have the the top number of repins and see what makes this win and try to do something else that will improve the performance of your own pins on Pinterest. So I guess I'm not going to go into any further details. I just showed you my most favorite features. Like I said, there are a like exactly twenty videos in his library for this video tutorial, so it doesn't make sense and they are pretty long and detailed. So it doesn't make sense for me to try show you in this tutorial all this, all the stuff that you can do. But I think that you might be impressed by now, by the functionality that this software allows you to use and by amount of data that is otherwise completely hidden on Pinterest that you can extract and analyze based on this. And again, just check carefully the description down below, because I left there a link that gives you a special discount. I arranged it with the developer of the software that gives you special price for Pin Inspector so you can enjoy it on your computer.

How To Make Money On YouTube Without Showing Your Face In 2021

are you shy about starting youtube or maybe you don't want to get your hair and makeup done to sit in front of a camera in today's video I want to give you some youtube channel ideas that you can get started with and I'm also going to show you how you can make money with a faceless youtube channel the bad thing about it is that we're not gonna be able to see your beautiful face that's upsetting but that's okay you can still do youtube without putting your face on camera so stay tunedhey there and welcome to living delightful freedom today i'm giving you some youtube channel ideas that are faceless and we're also going to talk about how to actually make money with these faceless youtube channels but before we get started if you're new here hi my name is Delania we talk about making money online working from home and being your own boss if that is your cup of tea then go ahead and make sure you are subscribed tap on the bell down below 

Pi Network price prediction 2021-2028

What is Pi Network?

Pi Network is a cryptocurrency project whose goal is to make crypto mining accessible to all users. The centralization of first-generation digital currencies such as Bitcoin made them unavailable to everyday users. Therefore, unlike Bitcoin miners, Pi miners will enjoy the benefits of improved accessibility.

The Pi network was developed by graduates of Stanford University, and it allows users to mine coins from its mobile app. Transactions are verified on distributed records during mining. Pi is supported by blockchain technology.

The first phase of the project was launched on Pi Day on March 14, 2019, and a free Pi mining mobile application was provided. As of June 2019, the Pi network platform has more than 100,000 active users.

One year later, the second phase of the project started, and the Pi network platform gained more than 3.5 million users. The Pi application started advertising on the Pi network in May 2020, and these ads funded the Pi network project. In March 2021, after the Pi network broke the 12 million mark in February, it already had 14 million users.

The Pi network platform provides the infrastructure to run Pi Coin. Just like other cryptocurrencies such as Bitcoin, their scarcity needs to be protected. This is why it will go through a regular "halving" process. After reaching the milestone, the number of coins used by miners to process new transactions was reduced by half.

After the Pi blockchain reached 100,000 users, the rate of mining Pi coins was halved from 1.6 π per hour. After its user base reached 1 million, it halved again to 0.4 π, and after reaching 10 million, it halved again to 0.2 π. This trend is expected to continue to reach 0 after reaching 1 billion users.

In the process of Pi cryptocurrency mining, Pi nodes use a consensus algorithm based on Stellar Consensus Protocol (SCP) to verify transactions and reach consensus with other Pi nodes. Some Pi users see it as a way to participate in cryptocurrency from scratch and make profits in the future.

Can you buy Pi cryptocurrency?

If you are considering buying Pi cryptocurrency and storing it in your Pi wallet, please note that this is impossible. Developers who mine Pi cryptocurrency will have the opportunity to exchange or withdraw their Pi cryptocurrency only in the third stage, when Pi network tokens will move to a fully decentralized blockchain. Pi Coin does not support transfer transactions during the testing phase. This will help prevent fake accounts from getting many Pi coins.

After the blockchain protocol is fully deployed, when the Pi network moves from the Pi test network to the main network, the Pi network wallet balance will be cashed out. Therefore, Pi Coin cannot be traded on any trading platform or cryptocurrency exchange.

After the start of Phase 3, Pi Coin holders will have full control of their public and private keys, and will use Pi Coins to purchase products and services on the Pi Market and exchange them for legal tender. Without the key, Pi cryptocurrency holders cannot transfer or spend the money they own.

The Pi Coin mobile app is equivalent to a cryptocurrency wallet, which is usually associated with the user's Facebook account or phone number. Like other public blockchains such as Bitcoin, the Pi network will enable external wallets to save Pi coins and conduct transactions by submitting them to the blockchain. However, the developers have not yet released the source code.

Pi developers also launched the Pi Brainstorming mobile app in December 2020 to allow users to join projects, come up with app ideas, and interact with other users.

Many Pi users are hoarding Pi coins, and it is expected that the value of Pi coins will increase after the third phase starts. When the value of Pi increases, it will bring good news to miners.

Although the mining rate of Pi coins has been halved, users can connect to other Pi network miners. To join the Pi network, a new user must have the invitation code of another Pi network user.

Some cryptocurrency enthusiasts have already begun to make Pi coin price predictions. In the next part of this article, we will discuss how the value of Pi Coin will change when it starts trading.

Network Pi Price Forecast (2021-2028)

The price of Pi can be predicted in the same way as Bitcoin price prediction. Like other cryptocurrencies that are being launched, the value of Pi is most likely to start at a low level against the U.S. dollar and increase as it attracts and gains more users.

But what do some platforms say about online price predictions? Let us get some answers.

On March 18th, Digitalcoinprice.com made a prediction for the Pi price from 2021-2025. They predict that the average price of Pi tokens against the U.S. dollar will rise from $0.0107 in 2021 to $0.0127 in 2022. They also predict that by 2025, the value of Pi tokens will reach $0.0212. By 2028, the value of digital currency will reach $0.0319. However, Digitalcoinprice.com removed this information from its website on March 19.

Wallet Investor is an algorithm-based price prediction service. Its Pi token price forecast is 0.0132 USD, which is down to 0.00743 USD.

According to the Changelly cryptocurrency exchange, if the Pi token is launched at the end of 2021, depending on the exchange and the number of users who adopt it, the price of the Pi network may reach $1 in a bull market. The Changelly Pi network price forecast also shows that by 2025, the price of Pi may rise to $5.

Pi Coin's future conjecture

Pi network is a smart contract network designed to provide the public with opportunities to use cryptocurrency. Unlike Bitcoin mining, the Pi network cryptocurrency project aims to make crypto mining accessible to all users. It will solve the inaccessibility problem caused by the centralization of first-generation currencies such as Bitcoin digital currency.

The Pi network allows its users to mine coins and conduct transactions from its mobile app. Use the Pi web application to verify transactions on distributed records during mining.

Pi is periodically "halved" to prevent its scarcity. After reaching the milestone, the number of coins used by miners to process new transactions was reduced by half.

FAQ

When will Pi cryptocurrency enter the cryptocurrency market?

Pi cryptocurrency will be launched in the third stage of Pi network development. The release date has not yet been announced. However, this will depend on the progress of the testing phase and the listing of digital currencies on cryptocurrency market exchanges.

What is the expected value of Pi?

Currently, Pi has no value and is not listed on any cryptocurrency trading platform. Although it is difficult to predict its value before launch, the Pi network price forecast shows that the value of the Pi network will start to exchange against the US dollar around 0.01. If this Pi price prediction becomes a reality, it will be good news for miners.

Is Pi Coin a good investment?

Currently, Pi cryptocurrency cannot be traded. If you think that the Pi network project will launch an accessible cryptocurrency and will not set prices for users every day, then you can start Pi mining. You can also wait to buy on the exchange.

NFT Is Becoming More And More Popular

One type of non-fungible token (NFT) sales surged this week after setting a record trading volume of $339 million last week. According to data from the monitoring platform DappRadar, only OpenSea, the world's largest NFT market, recorded a transaction volume of US$49 million on August 1.

CryptoPunks is an algorithm-generated character in the art framework. Weekend sales reached a record 78.4 million U.S. dollars, pushing weekly sales to 207 million U.S. dollars.

In last week's trading volume, the gaming platform Axie Infinity's trading volume was 127 million U.S. dollars, while the American Basketball Association Top Shot market's trading volume was approximately 4 million U.S. dollars. Last week, due to a series of CryptoPunk sales, the average NFT transaction soared to $34,600.

The Ethereum-based market became popular last year, but the market has exploded since the beginning of this year, and the transaction volume in the first half of the year jumped to 2.5 billion US dollars. Sales were particularly large in March, when Christie’s auction house sold $69 million worth of digital art.

DappRadar stated in a blog post last week: “In 2020, the total transaction volume of NFT collections tracked by DappRadar reached a staggering US$94,862,807. What’s more impressive is that by the end of the second quarter of 2021, this The figure is close to 250 million U.S. dollars."

The company is eager to develop the NFT market

As sports and entertainment-related NFTs become more popular, crypto and entertainment companies are seeking to capitalize on this boom. The cryptocurrency exchange FTX has partnered with Dolphin Entertainment to create an NFT market for popular sports and entertainment brands. FTX will provide technology development and communication services, while Dolphin Entertainment will manage branding, production and marketing operations.

Earlier, Fox Entertainment announced an investment of 100 million U.S. dollars to create NFTs on characters and background art and GIF. In addition, Porsche subsidiary Forward 31 said it plans to launch a sports NFT platform, while video game developers Mythical Games and Burberry announced a collaboration to launch a game NFT.

NFT is becoming mainstream

Recently, many well-known artists, organizations and celebrities have joined the ranks of NFT. Jack Dorsey, the founder of Twitter and Square, sold his first tweet as an NFT at the beginning of this year for $2.9 million. The US Space Force also recently announced plans to auction 3D augmented reality digital tokens depicting satellites, space suits, mission badges, coins and other memorabilia.

DappRadar's report states: "It seems that a broader and more mainstream audience has finally arrived. It is undeniable that the factors for mass adoption are undeniable."

In addition, institutional investors have begun to chase the booming NFT market. After receiving $23 million in Series A funding from angel investors such as Mark Cuban and Ron Conway, OpenSea recently received a $100 million investment led by venture capital firm Andreessen Horowitz USD Series B financing. In addition, NFT auction site Rarible received US$14.2 million in Series A financing led by venture capital funds CoinFund and Venrock.

E-commerce platforms have also begun to provide NFT markets to their customers. Shopify, headquartered in Ottawa, provides businesses with a commerce platform that allows its merchants to sell NFTs in order to provide them with more sales and customer relationship control.

What Is The Difficulty Of Cryptocurrency Mining? What Are Its Benefits?

What is cryptocurrency difficulty?

Cryptocurrency difficulty is a measure of the difficulty of mining blocks for a specific cryptocurrency in the blockchain. The high difficulty of cryptocurrency means that additional computing power is required to verify transactions entered on the blockchain-a process called mining.

Cryptocurrency difficulty is a parameter used by Bitcoin and other cryptocurrencies to keep the average time between blocks stable when the network hash power changes. Encryption difficulty is important because high difficulty can help protect the blockchain network from malicious attacks.

Cryptocurrency difficulty is a measure of the difficulty of mining blocks for a specific cryptocurrency in the blockchain.

The high cryptocurrency difficulty means that additional computing power is required to verify transactions entered on the blockchain.

The higher the difficulty required to create a block, the higher the security of the cryptocurrency network, because the attacker needs a lot of resources to control.

Understanding the difficulty of cryptocurrency

Bitcoin and other cryptocurrencies that use the proof-of-work blockchain are maintained through the mining process. Miners verify transactions completed on the blockchain and perform the duties of auditors to prevent fraud and ensure the legitimacy of transactions. Mining was conceived by Satoshi Nakamoto, the founder of Bitcoin.

In this system, miners — software that runs cryptocurrency on their computers — compete to find a new block and add the latest batch of transaction data to the chain. When enough transactions have been verified, a new block is added to the blockchain. Miners may be paid for their efforts, but there are other requirements (if any) before the miners are compensated. The degree of computing power required to mine a block is represented by the difficulty of the cryptocurrency. The time required to find a new block depends on the difficulty and random chance of the cryptocurrency.

In order to measure the cryptocurrency difficulty of a new block, it is important to understand the hash power, which represents the comprehensive computing power used to mine and process blockchain transactions.

Random hash

A hash is an alphanumeric code used to represent words or data. Miners take a batch of transaction data and run it through a hashing algorithm, which is a one-way function—given a specific set of data—will always produce the same output, but its output cannot be reversed to show the original data. The hash algorithm is used to create these random hash codes. Before adding new data to the blockchain, miners must compete to generate a hash value that is less than or equal to a value called the target hash value.

The miner completes the hashing process by changing a single value (called a random number or a number that is used once). Every time a random number is changed, a new hash is created with its own set of numbers. There is no way to predict what the hash is, and since each set of data has only one output for a given hash function, miners must repeat the process of adding new random numbers to the data until the hash requirements are met.

Cryptocurrency difficulty

The requirement that the hash must meet corresponds to the difficulty. The effective hash value must be lower than a certain target value automatically set (and periodically adjusted) by the cryptocurrency protocol. The lower the target value, the more hash functions the miner must repeat to obtain acceptable results—in other words, the higher the difficulty. In theory, miners can be lucky enough to obtain a valid hash value for a given block on the first attempt. However, over time, higher difficulty means that miners must insert more random numbers per block on average.

Individuals and organizations contribute their computing power through their mining equipment to process data and generate hashes. The computing power of the cryptocurrency network represents the total computing power of all mining equipment. The hash rate is the number of hashes that can be calculated per second.

Since each hash is randomly created, it may require millions of guesses or hashes before meeting the target hash requirements and minting new cryptocurrency coins to successful miners. Only then will the transaction be added to the new block in the blockchain. In a way, the hashing process is similar to a lottery system. As a result, new coins were issued through this mining process.

Benefits of cryptocurrency difficulty

One might wonder why network participants will build a higher cryptocurrency difficulty if the result means that miners repeat the same function over and over again. There are two main benefits of cryptocurrency difficulty.

Stable new block rate

Satoshi Nakamoto's Bitcoin white paper explains how the difficulty of proof-of-work can help stabilize the production of new blocks added to the blockchain.

Bitcoin aims to add a new block to the blockchain every 10 minutes on average. Other cryptocurrencies have a goal of more frequent blocks; for example, Litecoin has a goal of 2.5 minutes. The problem is that the computing power jointly controlled by network miners may vary greatly.

When Satoshi Nakamoto mined the first block, there was only one machine on the network—perhaps a simple laptop or desktop computer. Today, there are many huge, warehouse-sized ASICs. ASICs are machines specifically designed to process hash functions as fast as possible.

In order to ensure that the network generates new blocks at a stable average speed, the software is set to automatically adjust the target hash upwards or downwards, thereby reducing or increasing the difficulty respectively. When Satoshi Nakamoto mined the genesis block, Bitcoin's difficulty was one of them.

cyber security

The overall hash rate provides insight into the security of a cryptocurrency network, because fraudsters or bad actors need to overcome the total hash power of the network to control malicious attacks. A specially designed computer is used to perform a hash function, which can make trillions of guesses per second to solve the hash problem.

The higher the difficulty of the cryptocurrency, the more guesses or hashes required to meet the target hash requirements. Therefore, this process makes it very difficult and costly for an attacker to obtain majority control of the blockchain network (called a 51% majority).

What is Bitcoin mining?

Bitcoin mining is the process by which new Bitcoin enters circulation, and it is also an important part of the maintenance and development of the blockchain ledger. It is executed using very complex computers, which can solve extremely complex mathematical problems.

Cryptocurrency mining is hard, expensive, and only occasionally pays off. Nonetheless, mining is attractive to many investors interested in cryptocurrency because miners are rewarded for using cryptocurrency. This may be because the entrepreneurial type sees mining as a penny from heaven, just like the California gold diggers in 1849. If you lean towards technology, why not do it?

Through mining, you can earn cryptocurrency without spending money.

Bitcoin miners receive Bitcoin as a reward for completing “blocks” of verified transactions, which are added to the blockchain.

Mining rewards are paid to the miners who first discover the solution to the complex hash puzzle. The probability of a participant becoming the one who discovers the solution is related to the ratio of the total mining power on the network.

You need GPU (graphics processing unit) or application specific integrated circuit (ASIC) to set up mining equipment.

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