10 Best New Bitcoin Alternatives – How to Invest In Them

Bitcoin prides itself as the pacesetter in the world of digital currencies. The advent of Bitcoin led to the later emergence of other cryptocurrencies, (in our words... bitcoin alternatives) built on a decentralized peer-to-peer network. The use of Bitcoins has changed the way people handle money and it also provides a host of benefits/opportunities including a decentralized administrative structure and handsome profit margins. In fact between Jan. 1, 2017 and June 1, 2017, the value of one Bitcoin increased from just under $1,000 to almost $2,500. However, there are underlying worries about the use of Bitcoins. The first borders on the process of creating/obtaining a Bitcoin. This process, also called mining, has become increasingly difficult. Personal and corporate miners complain about the enormous computing power required in mining a Bitcoin, with advanced software applications like the 3 SLi NVidia Graphic Cards falling short. Another worry revolves around the shrinking pool of available Bitcoins for transactions. This continuous shrinkage means that the entry barrier for new and existing Bitcoin users [...]