Category: Passive Income

Cryptocurrencies and their blockchains are all based on algorithms: clear sequences of calculations, depending on user input. Unlike trading with shares, trading with cryptocurrencies was only possible digitally right from the start. Quite obviously, analog trading of the digital currency would be simply inconceivable. These circumstances imply that automated trading is also easier to implement, which is why trading bot providers popped up like mushrooms. This article takes a closer look at the Pionex arbitrage bot and shows step by step how you can use it yourself.

In the media, we often hear about Bitcoin miners who consume an unnecessarily large amount of electricity with their computing machines and thus pose a risk to the earth and its climate. Especially after the introduction of Proof of Stake for newer cryptocurrencies, I am also rather skeptical about the Proof of Work approach. Nevertheless, building passive income in cryptocurrency has always interested me. If you browse the coinmarketcap.com website, you will come across many projects in which each individual can participate, generate real value, and earn money in the process. One of these projects is Storj, in which you can participate by running a so-called Storj node.