Cryptocurrencies are more mainstream today than they ever were in the past! With parliaments around the world discussing and debating on cryptocurrencies and the Blockchain technology, the digital economy revolution has begun to peak. An increasing number of people are now aware about Bitcoins than they were in the past. This is leading to a rise in Bitcoin mining as well.
Bitcoin mining as an activity has been picking pace. While miners are looking towards mining as an opportunity to generate income, there are many who are pointing it out as a threat to the environment. Regardless of the controversies, Bitcoin mining continues to increase even as cryptocurrency markets go through a period of bloodbath.
A Quick History of Bitcoin MiningOver the years, Bitcoin mining has evolved. From being something that you could do simply using your CPU’s processing power, it evolved to GPUs, which were much faster and generated better income for the miners. Then came GPU rigs, which were then followed by the ASIC devices. ASIC, which stands for Application Specific Integrated Circuit is the current standard for mining Bitcoins. These ASIC devices too, get upgraded almost every year with a stronger mining power. Companies such as Samsung too, have begun developing ASIC devices now.
Best Bitcoin Mining TipsWhile the cryptocurrency prices continue to fall, let us take a quick look at some of the best Bitcoin mining tips and tricks that will help new and novice miners, as well as aspiring miners to make the best mining decisions.
Calculating your Reward vs Risk ScenarioThe first thing that most people know about cryptocurrency mining is that it is an investment-heavy task. Cryptocurrency mining involves large investments as the mining devices tend to cost thousands of dollars. While this is a one-time investment, the other costs involve electricity consumed in mining as well as the electricity consumed in keeping the mining devices cool.
Hence, it is critical to calculate the rewards before you even begin cryptocurrency mining. You can make use of various cryptocurrency mining calculator tools to check your rewards vs risks scenario. Moreover, the current price of Bitcoins is also considered in this calculation – which gives you the most accurate profit/loss result even before you begin to mine.
In addition to this, it must also be kept in mind that Bitcoin mining is an activity which is programmed to get harder with every passing day and block rewards tend to reduce by 50% every four years. This should also be considered before making a final call on starting off with a Bitcoin mining activity.
Choosing the Perfect Mining DevicesOnce you have assessed your risk vs reward scenario using a cryptocurrency mining calculator or a BTC mining calculator, the next thing is to purchase the mining devices. ASIC devices, as mentioned above, are the norm these days. Choosing the perfect mining device is critical. The mining device that you go with has to be of the latest, modern standards so that it does not get outdated soon. However, you also need to consider the amount of electricity that it would consume and the heat that it would generate. The hash rate efficiency also needs to be considered. It is after keeping all these factors in mind that you should finalize on the Bitcoin mining hardware device of your choice.
Selecting the Most Suitable Wallet To Store Mined CurrenciesTo store your mined cryptocurrencies, you need to have a cryptocurrency wallet. Before finally deciding on a wallet – you need to look through multiple wallets and check out all that they have to offer. Sometimes, wallets tend to put some restrictions or may charge you a high transaction fees. There are other wallets which are relatively unsafe and may have security related issues. Always research about the wallet you are going to store your currencies in. You might also want to check out an alternative to online wallets – hardware wallets, which are physical devices where cryptocurrencies can be stored!
Choosing the Best Software For Bitcoin MiningA Bitcoin mining software is also needed in order to run mining operations smoothly. This mining software acts as the interface between your computer and your miner and allows you to monitor various mining statistics. It shows you the power being consumed, total mining reward and other reward related statistics, as well as how the miner has been performing. These software also tend to show heat-related information about the device so you’d know when your miner is heating up. We’d recommend trying out multiple mining software before finalizing on one that suits your needs the best.
Joining the Best Bitcoin Mining PoolBitcoin mining is an energy intensive process and it is a hard task for a user to do individually. It is hard in terms of electricity consumption as well as the cost involved. Hence, miners get together and form ‘pools’ of Bitcoin mining operation where they pool-in their mining power and distribute the rewards.
Selecting the best mining pool can be quite a complicated task because there are many fraudulent mining pools. Due diligence is required before finalizing a pool. Various factors need to be checked out, such as how long the pool has been running for, how many people are using the pool, the mechanism for reward distribution that they are using, the minimum payout, the fees charged by the pool, etc.
Related Topics What is a Smart Contract How to Buy and Sell Bitcoin Healthbase – the Launch of a new Blockchain Project promising to Advance Medical Research Transfer Money from UK Mobile Banking in Nigeria Mobile Money in Nigeria Internet BankingThe post Are you Mining Bitcoins the right way? Time to think again appeared first on Nigeria Technology Guide.
CMMS (Computerized Maintenance Management System) is a computer software that maintains the database or records the information of the maintenance operations of an organization. The information in this database is crucial and helps the maintenance team to perform their duties efficiently. It also helps management to take more effective decisions.
CMMS software is an important implementation in an organization as it has lots of benefits which are-
With implementation of CMMS it’s become easy to do preventive maintenance. It facilitates better accountability Information in database helps to analyses various factors. Inventory control Cost effectivenessNowadays, market is flooded with a large number of companies offering CMMS solutions for your business but it is important to choose the best software as it will define the growth of your organization.
Steps to take when Choosing a CMMS SolutionHere are some points that will provide you a guide to select the best CMMS software out of various options available in the market.
Form a cross-functional committee – The very first step is to create a team with the members from different departments of the organization. It will provide a broader prospective all the needs related to the maintenance and facility department within the organization. Analyze and Review current business system – Do a thorough functional analysis of your current business system so that you can identify needs, challenges, weaknesses, etc of the current system which you are intended to solve with the new maintenance management system. It is necessary to analysis each and every aspect of your current business. Do Survey-Conduct interviews – Gather information about the current maintenance management system of the company from the existing employees from the various departments (such Purchase Dept., Accounts, Inventory management, work and support etc) of your company. They will provide a clearer picture and understanding about the need for new CMMS software. Prepare requirement document – On the basis of the functional analysis and information gathered through survey develop a detailed list of all the requirements of the organization for the requirement of the new CMMS solution. Plan a Budget – Budget plays a vital role in every project. It is very important to decide the cost in advance. Cost is necessary to be considered along with the other factors. Research – An intense research about all the potential vendors available in the market is must. Compare, go through the reviews of different software available and then prepare the list of specifications and requirements you need in your new Computerized Maintenance Management System. Create a Shortlist – Depending on the research prepare a shortlist of at least top 10 vendors. Review and Finalize Short list – You can take the help of website that provides live demonstration and offer free trials for short listing the potential vendors. Now on the basis of the demo shortlist top 5 vendors. Short-listing can be done on the basis of parameter such as Functionality, Vendor track record, growth potential, ease of use, cost and technical support. Request for Proposal – Next step is to send Request for Proposal to the selected vendors. You must ensure that you include all the requirements and specifications you need for your business so that vendors can understand and meet the desired requirements. Validation of final selection of the CMMS – Taking all the specifications and all the aforementioned parameters into consideration validate the selection the CMMS system which fits yours requirements the best. After that purchase will be negotiated and completed.Selecting an effective and productive CMMS system for your organization is not an easy job CMMS system has the caliber to decide the future (profitability) of the organization as maintenance department serves as the backbone for every organization.
Related Topics Best Accounting Software Best Payroll Software Peachtree Accounting Software Best Invoicing SoftwareThe post Steps to Choosing Best CMMS Solution appeared first on Nigeria Technology Guide.
Like many others that have found yourself here, you must have also stumbled on the Sage 50 Accounting Software and needed more convincing before you started putting your money on their plans. Quite frankly, I think that is a great idea.
For a platform that offers to do so much that it looks unreal, how do they really keep up to their promises? Are they a scam or are they legit? Whichever it is, you will find out at the end of this Sage 50 Review.
What is Sage 50?
The Sage 50 Accounting Software is a complete out of the box solution for small businesses that need to handle their accounting tasks professionally. The software can also be used to manage businesses in the medium scale, provided the number of employees remains within the 0-50 range.
Sage 50 aims to support your business as it grows, offering a kind of progressive pricing plan that is scarce on the market.
What that means is that you will only be charged for the software based on the number of users/ employees in the organisation, helping you expand at the same rate as your pocket allows.
With this software, you can choose various plans that determine what your setup will be handling directly. In other words, you get to use the Sage 50 for more than just Accounting.
Having been in the market for a while and the choice of millions of businesses around the globe, the management behind the software are doing something amazing to have kept such a user and customer base for so long.
Depending on what you and your small/ medium business needs, here are the things you can employ the Sage 50 software for
Cash flow monitoring Invoicing Online bills payment Project management Inventory management Customer management Basic accounting Insights and Analytics generation Customisable reports and financial statements Sage advisor Terminal services
With that list, we can streamline it into three things. First, your sage 50 software will do everything you ask from it when it comes to basic accounting, entering money that comes into the business and cash that flows out so that you can generate Profit and Loss accounts as well as keep a master ledger.
The accounting goes on to include more than just money but physical assets too. Inventory just got easier for your business.
Next, you get to take advantage of the invoicing feature in getting paid by clients for work. Last but not the least is the offer of payroll functions, helping to keep your monthly salary/ wage and bill payments automated to the teeth.
Pros Easy to install and use Good customer support Excellent reporting Ability to handle large inventory Great for auditing
Cons Not very intuitive Bank reconciliation sometimes malfunctions Zero CRM integrations
There are three pricing options offered in the Sage 50 program. They can be accessed immediately by paying for the one that best suits your needs at the moment.
If you are having doubts, you could go for a free trial first to convince yourself. When you decide to commit, you can pick from these options:
Pro Plan – $439/ year Premium – $679 – $1609/ year Quantum – $1729 – $2879/ year
The plan you will choose will be dependent on how many users you want to give access to the platform and what features you need. All of this information will still be made available to you on the official platform before you go ahead with payment.
Wrap UP
Sage 50 is not the cheapest accounting software you can get for your small business, but it is better than most. The flexibility of the pricing plan makes it a further interesting option to consider.
To be candid, every plan looks slightly expensive. Compare the price against what you are getting for the money and you will agree with us that it is quite a steal.
If you feel there is anything left out of this Sage 50 Review, please let us know in the comments.
The post Sage 50 Review 2018 | Overview | Pricing and Features appeared first on Nigeria Technology Guide.
Before getting started with the tips and tricks to become a pro at League of Legends let’s get one thing straight that LOL is not at all an easy game and it can turn frustrating too if you don’t know the right moves. Now, in order to play this game you need some amazing skills, and above everything, you will need a lot of perseverance so you should only be playing this game if you’ve got the right skills. Another famous thing about the League of Legends is that it is known as one of the most competitive and the most addictive game so before you get your hands on this game, know that it’s going to be a fun ride.
Here are a few tips that will help you master the art of playing the League Of Legends like a pro;
1. Get More WardsKnow that wards are extremely important when it comes to the League Of Legends, these wards help you by giving a proper vision about your enemies. Getting a proper vision of your enemies will prevent the Ganks from them, and you will know about the important objectives of the game that needs your attention. Hence once you are putting your focus in the right direction, you will then know where and what move you have to make to win the game.
2. Boost Your EloYou see when it comes to the League Of Legends, know that the more your Elo is, the higher are the chances for you to win the game. However, boosting Elo isn’t as easy as it seems and this is the main part of the game that requires all the effort. You can also take help in boosting your Elo in LoL from www.op-boost.com. Visit this site, and you’ll get what you want to do good in the game.
3. Don’t Play Ranked On TiltIf you are continuously losing straight in a line, then it is better to discontinue the game for a while. You see if you’ve lost the match three times consecutively then know that it’s time to go on a break and play some other game or else your ranking will fall to a really bad position where it will become more difficult for you to come on top and win the game again. So, instead of playing while you are ranked on tilt, look for another game and wait till you get the courage to play LoL again.
4. Play With FriendAnother amazing tip to improve on League Of Legends is to play with friends or people that you know. You see this way you can even communicate with them and knowing them will help you guess their moves too. Moreover, if that friend is in your room, then that’s even better, and there will be high chances for you to win that way. Now, it all falls back to you, whether you want to play the game with a friend or you want to fight the strangers.
5. Read More GuidesThe internet is currently full of guides on LoL, and if you are serious about improving your skills at the game, then you’ve got to do some research and read as much information as you can. You never know which tip or which technique can help you master this game so don’t miss on the online guides on the League Of Legends.
These are a few tips that can be useful for you when it comes to this game. So, try and follow the rules, and you will see an improvement for sure.
Related Topics Sony PS4 Sony PS4 Pro PS4 Games Price in Nigeria How to Play PS3 Games on PS4 XBox One X How can Games Help in Education XBox One S XBox OneThe post Best League of Legends Tips to Improve your Skills at the Game appeared first on Nigeria Technology Guide.
