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Monday 10 September 2018

What is a Bitcoin ETF?

What is a Bitcoin ETF?

Several applications for a Bitcoin (BTC) exchange-traded-fund (ETF) have been sent to the US Securities and Exchange Commission (SEC) for review and approval. The demand for a Bitcoin ETF in the crypto community is also increasing day by day, however, the federal watchdog has rejected many crypto ETF applications due to “significant investor protection issues” and various other regulatory concerns.
The SEC has also cited “liquidity and valuation” issues associated with crypto ETF proposals, which resulted in the denial of such requests. Moreover, almost all Bitcoin ETF applications so far have requested that Bitcoin’s price be tracked through BTC futures contracts offered by financial market companies such as the CME Group and the Cboe.
Due to BTC futures contracts having fairly low liquidity and trading volumes, in addition to such contracts following (instead of leading) volatile spot exchange rates, the SEC has not approved Bitcoin ETFs.
What Is An ETF?
Given all the talk and hype surrounding crypto ETFs, let’s try to gain a better conceptual understanding about them. First of all, what are traditional ETFs? They are basically types of investment instruments and are classified as securities. Most ETFs track real-world assets such as gold, oil, and various other types of commodities.
Investors who acquire ETFs are able to get exposure to a certain asset without actually physically needing to buy it. For example, instead of going through the lengthy process of buying gold, having it get delivered, and safely storing it, you could simply buy an ETF that tracks gold. This way, you can potentially get the same returns from your investment as if you were actually in possession of the gold itself.
An ETF can also be described as a fund whose shares investors can buy while being able to earn dividends or interest from their investment. Additionally, traditional ETFs have been used for many years in traditional financial markets to track benchmark indexes as well. These indexes include the US Dow Jones Industrial Average (DJIA), the NASDAQ-100, and the Standard & Poor’s (S&P) 500.
Indexes (mentioned above) are used by stock market investors as benchmarks to assess how their own investment portfolios are doing compared to the performance of the overall market. Put simply, benchmark indexes are used to gauge “where the market stands.” Asset portfolios, bonds, and commodities are also used as benchmark indexes to determine market performance.
How Traditional ETFs Are Traded
Traditional ETFs are traded on exchanges just like stocks, but with the added advantage of being able to hold a diversified set of funds at the same low cost as holding individual stocks. ETFs can be described as a financial product that consists of a number of diversified securities.
They are also actively traded on a daily basis, and their prices fluctuate throughout the day. One thing in particular that makes ETFs attractive, especially to private investors, is that they can easily trade certain lucrative asset classes in niche markets, which would not otherwise be accessible to them.
Notably, there is no minimum investment amount for ETFs and they mostly track a certain index while also trying to replicate its performance. ETFs work by issuing and redeeming (buying back) shares of stock, however, these types of transactions are not categorized under sales.
Instead, they are considered “in-kind” transactions, which means that capital gains from their trading do not have to be distributed to shareholders. Sometimes though, a minimal amount earned from ETFs trading is given to shareholders. One of the main benefits of this type of trading is that ETFs do not typically have a significant tax liability.
ETFs Are Passive Investment Instruments
Another advantage ETFs have is that they’re passive investment instruments. This means you do not have to pay fees to investment professionals to manage and monitor them. Also, when you purchase ETF shares, you are acquiring shares in a portfolio. This portfolio is linked to a market index and the ETF strictly replicates the performance of its underlying index. Additionally, since ETFs are not managed by a person, there is no risk of a fund manager potentially losing trades against a benchmark index.
What Is A Bitcoin ETF?
So what is a Bitcoin ETF? A Bitcoin ETF would keep track of the bitcoin benchmark index while also replicating its performance, much in the same way as traditional ETFs do. This would let traders with brokerage accounts make investments in Bitcoin (BTC), with the added benefit of not having to go through the technical process of purchasing the cryptocurrency and trying to store it securely.     
Moreover, the types of Bitcoin ETFs proposed so far, such as the one by the Winklevoss Twins, had Bitcoin (BTC) as its underlying asset. Therefore, an investor buying such an ETF would also indirectly be buying Bitcoin. However, instead of holding the actual cryptocurrency in their digital wallets, the investor would have a portfolio with a bitcoin ETF. Despite this, it would somewhat be similar to holding bitcoin itself, since the ETF would be tracking the cryptocurrency price.    
The primary distinction between purchasing Bitcoin (BTC) and acquiring a Bitcoin ETF is that with the latter, the investor would be holding a regulated investment that is tradable on exchanges without having to deal with how to securely store the investment.
How Will A Bitcoin ETF Affect The Price?
With the introduction of Bitcoin ETFs, there’s a good chance that cryptocurrencies could be added to the mainstream investor’s portfolio. Institutional investors prefer to trade and hold regulated assets and crypto ETFs could encourage them to invest in digital currencies.
A number of market analysts believe that Bitcoin ETFs could help increase overall cryptocurrency adoption, while also significantly driving their prices upwards. One of the reasons crypto ETFs could lead to a surge in cryptocurrency prices is because they could potentially increase their scarcity and liquidity. Usually, when an asset or store of value becomes scarce, there’s a substantial increase in its price.
Compared to when Bitcoin futures contracts were launched, it can be argued that with the entry of Bitcoin ETFs into the market, there will be a more sustainable increase in price. The reason for this is that many investors shifted from the physical crypto market to the derivatives market shortly after Bitcoin futures contracts were introduced.
In addition, most crypto traders were not experienced enough to grasp the supply and demand effects of BTC futures contracts, which then partly contributed to the market crash after their launch. However, with Bitcoin ETFs, investors will actually be trading Bitcoin (BTC) itself. This, in turn, could drive prices towards the higher end in the long-term.
How to choose and connect to a Bitcoin mining pool

How to choose and connect to a Bitcoin mining pool

Mining solo, while sometimes more profitable, it's usually not the right choice for most miners. When mining solo, you are doing all the work alone which means that you'll receive the entire block reward, the problem is that mining is also based on a luck factor, which means that if your hashpower isn't high enough, you may never see a reward come your way. With pool mining, however, this variance is eliminated and you recieve payments that correspond to the portion of the work that you have done.
If you are deciding to join a Bitcoin or altcoin mining pool there are quite a few considerations to take into account – mainly their method of distributing the block reward and the fees they charge for managing the pool. Pools also try to stop cheating by miners – i.e. for them to swap between pools.l.
Today we want to teach you some aspects of pool mining in the hope that they will help you choose a mining pool that best fits your needs.
You can check out our mining pool list here. Make sure to read the reviews and to check the features carefuly. You will also find a list of servers by locaiton and coin in the pool description.
Pool fee
The main consideration is the fees, which vary according to which model of payment distribution the mining pool is operating and determines which party is assuming the risk – the miners or the mining pool operator. If the mining pool operator is assuming the risk, then the fees are higher, and if the miners assume the risk then fees are lower.
The fees usually range from 0% to 4%. The standard fee for mining pools is usually 1%, so if you spot a pool with a higher fee check its payment method and other features. If there is a pool with similar features and payment method but smaller fee, you'll want to choose the second option.
Sometimes a pool will have a 0% fee. This is very unusual and it most often means that you are dealing with a new pool that has no fee in an effort to attract customers. Some pools, however, actually rely on donations and other methods, so if you find a 0% fee, you'll want to keep an eye on any fee changes.
You can check out our mining pool list here and organize it by fee.
Payment system
The model where the mining pool operator assumes all the risk is when they guarantee a payment per each proof of work – or potential hash solution – that their miners offer. For example if the total network is 100GH, the mining pool operating this Pay Per Share (PPS) method has a hash rate of 10GH, and the block reward is 25 Bitcoins, then the expected return is 2.5 Bitcoins per block.
The pool will give money to their miners even if their pool hasn’t successfully mined the block, meaning the risk of lumpy payments is assumed by the operator, and hence why the fees are at the higher end of the range at 10%. Miners will then only receive an expected return of 2.25 Bitcoins per block distributed proportionally by how much hashing power they have contributed towards the block.

When the miners assume the risk the fees are generally lower as they take on the risk that they might not solve a block for an extended period of time and receive no payment of Bitcoins.
There are varying methods of this with the aim of keeping the pool hashing power stable.
- Proportional – the simplest method whereby for each block, the reward is split between the hashing power contributed proportionally by the miners of the block.
- Pay Per Last N Shares – PPLNS – looks at the last N shares instead of just the last block. This smooth’s the returns for mining rig operators if they haven’t been connected for one reason or another. If they contributed to the majority of Bitcoin blocks 1-6, when a reward was found by their pool in block 7, for which they had become disconnected through no fault of their own, then they are still eligible for payouts depending on the time of N.
There are other inventions and variations that have been implemented. For example the DGM method (Double Geometric Method), where the operator receives some payments over short rounds and distributes them over longer rounds. There are also some other ways where the more recent proofs of work are allocated a higher weighting in terms of the proportion they are eligible for.

Some pools have extra fees on top of PPS (Pay Per Share) schemes – but in generally fees range from 0% for Proportional and PPLNS pool management schemes to 10% for PPS schemes. There also pools that offer the ability to merge mine other SHA-256 coins as well as Scrypt pools that allow you to merge mine other popular crypto currencies such as Dogecoin and litecoin.
Over the time, many different payment systems have been developed. Most altcoin pools use the Prop or PPLNS payment system. However, there are several, including:
  • CPPSRB - Capped Pay Per Share with Recent Backpay. 
  • DGM - Double Geometric Method. A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments. 
  • ESMPPS - Equalized Shared Maximum Pay Per Share. Like SMPPS, but equalizes payments fairly among all those who are owed. 
  • POT - Pay On Target. A high variance PPS variant that pays on the difficulty of work returned to pool rather than the difficulty of work served by pool 
  • PPLNS - Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries.
  • PPLNSG - Pay Per Last N Groups (or shifts). Similar to PPLNS, but shares are grouped into "shifts" which are paid as a whole.
  • PPS - Pay Per Share. Each submitted share is worth certain amoutripnt of BC. Since finding a block requires <current difficulty> shares on average, a PPS method with 0% fee would be 12.5 BTC divided by <current difficulty>. It is risky for pool operators, hence the fee is highest.
  • Prop. - Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found.
  • RSMPPS - Recent Shared Maximum Pay Per Share. Like SMPPS, but system aims to prioritize the most recent miners first. 
  • Score - Score based system: a proportional reward, but weighed by time submitted. Each submitted share is worth more in the function of time t since start of current round. For each share score is updated by: score += exp(t/C). This makes later shares worth much more than earlier shares, thus the miner's score quickly diminishes when they stop mining on the pool. Rewards are calculated proportionally to scores (and not to shares). (at slush's pool C=300 seconds, and every hour scores are normalized)
  • SMPPS - Shared Maximum Pay Per Share. Like Pay Per Share, but never pays more than the pool earns. 
You will also want to take into account the minimum payout. This defines the minimum amount of coins you are allowed to withdraw (or to receive automatically). Some pools allow you to set a limit above the minimum, which allows you to save money on transaction fees. When choosing a mining pool, you will want to check the minimum payout, the payout period, and weather the pool or the user pays for the transactions fees on withdrawals.
You can check out our mining pool list here and filter it by payment system.
Currency
The first thing you'll have to consider is, of course, the cryptocurrency that you would like to mine. The most popular at the moment are ZcashEthereum, and Ethereum Classic, among others. These are currently the most profitable ones. You can always compare your profits with each currency through the calculator tool that we have available. Of course, these numbers are subject to change has the price, mining difficulty, and network hashrate change, so it's advisable that you take these into account and that you check on them regularly.
Some mining pools allow Merge Mining, which means that your can mine two cryptocurrencies at once without losing efficiency in neither. This, however, is only available with some algorithms.
Another type of pool to consider is a multi-pool. These allow you to choose from several cryptocurrencies to mine and converts your profits into Bitcoin automatically. If you are planning to mine an altcoin but want to exchange it for BTC, these may be useful to you. Check out multi.pools here.
You can check out our mining pool list here and filter them by currency.
Location
If you're located in Europe and mining on a Chinese server, you may not get the best results. Check if your pool has a servers in your country/continent and if so, check the URL for those servers. This will allow you to mine more efficiently.
Vardiff
Vardiff stands for Variable Difficulty. It is used to regulate the difficulty of the shares you recieve to work on. This benefits both low hashrate and high hashrate miners as the difficulty will regulate itself to best fit your hashrate. While some mining pools have Vardiff, others will have multiple ports for different difficulties. If your pool has no Vardiff, you may want to test different ports for different difficulty.
What is Scrypt?

What is Scrypt?

Scrypt is a memory hard key-derivation function.
Memory hard functions require a large amount of RAM to be solved.
This means that a standard ASIC chip used for solving the Bitcoin SHA-256 Proof of Work would need to reserve a certain amount of chip space for Random Access Memory instead of pure hashing power. 
Scrypt just adjusts the number of random variables that need to be stored compared to SHA-256.
Scrypt creates a lot of pseudorandom numbers that need to be stored in a RAM location. The algorithm then accesses these numbers a few times before returning a result. Generating the numbers is computationally intensive and as they are accessed a few times it makes sense to use RAM in conjunction with hashing power rather than generating them on the fly – a time and memory trade off in terms of optimising speed.

The main advantage of scrypt is that it lowers the advantage of ASIC Bitcoin miners in the network. This then means that there should be the possibility of more miners joining the network and contributing sufficiently to make it worth their while. Another possibility is there is less energy use as the total network power is less.
How to install and use the PandaPool miner

How to install and use the PandaPool miner

The PandaPool miner is an easy-to-use multi-cryptocurrency GUI, using the servers from PandaPool located in Europe. Users can mine BTG, ZEC, HUSH, MUSIC, KMD, BCN, SUMO, ZCL, ELLA, SIB, XMR, GBS and more. The pool runs on both PPLNS and PPS payment systems and there is a 1.5% fixed fee.
In this step-by-step guide, we are going to install and set up the Panda GUI to mine Electroneum (using a low-end hardware).
Part 1: Create an account on PandaPool
 Step 1: Go to PandaPool website (or click here) and press “Start Mining!” (or click here)
Step 2: Fill the gaps with your email and password and press “Register”
Part 2: Download and install the PandaPool miner
 Step 1: Return to PandaPool website, scroll down until you see Cryptocurrency GUI miner section and press “Download” (or click here)
 Step 2: Once the download is complete double click on .exe file and press “Next”
 Step 3: Choose the destination file and press “Next”
 Step 4: Choose the start menu folder for the shortcut and press “Next”
Step 5: Then click “Next” again to create a desktop shortcut
Step 6: Lastly press “Install”
 Step 7: Once the installation is finished press the “Finish” button
Part 3: Set up the miner
 Step 1: Open the GUI application, and here you have 2 tabs, (this miner can work in 2 modes) In a simple mode everything works automatically (lite), and in a professional you will get more settings (professional version). For this guide we are going to use the lite version, so simply choose a coin, fill the email gap with the same email you had used to create the account on PandaPool and press “Start Mining” 
That's it, now that you are mining you will be able to see your hash speed as the image below

Part 4: Controle your funds
Step 1: Return to PandaPool website (https://pandapool.io/) and press “Start mining”
 Step 2: On “Dashboard” tab, scroll down until you see the coin you are mining, there is all the information you will need about your mining progress
To transfer your funds to an external wallet you only need to go to the “Payments” tab and follow the steps provided by the PandaPool miner.
You can follow this guide switching the currency you want to mine (Part 3, Step 1) to mine all the available coins.
For more information please visit the official website https://pandapool.io.
Mining Pools and How They Work

Mining Pools and How They Work

Mining Pools and How They Work
Mining pools consist of a collection of miners who have pooled their resources together in-order to mine a cryptocurrency. As the mining difficulty of a cryptocurrency increases, so too does the computational power required to mine it. This increase in computational power can often be too expensive for a solo miner to handle as it could result in higher energy costs, or the requirement of more specialised hardware. Therefore, miners form collectives in-order to better limit the cost of their mining activity. If you are unsure of what exactly the mining process is, check out this article here.
 With mining, it is important to understand the different types of blocks that come with it because of the effect it can have on your expected income. This article provides a comprehensive insight into orphan, uncle & genesis blocks.
Multi-pool Mining
Even though there are Single Mining pools that mine for only a single cryptocurrency, Multipools allow a user to constantly switch between the mining of a cryptocurrency depending on the profitability of the coin at any given time. In-order to determine the most profitable cryptocurrency to mine at a given time, a Multipool will take into account:
  • The difficulty of mining the coin
  • The exchange rate between coins
  • The block generation time
  • The hash rate
Multipools are incredibly useful if a user is uncertain about which coin is best to mine at any given time. However, because the cryptocurrency that was just mined is typically immediately exchanged for another one, the price of the mined cryptocurrency can often end up declining slightly.
Pool Rewards
There are a variety of methods in which a mining pool can share the reward once a block has successfully been added to a blockchain. A few pool reward structures to consider including following:
  • Pay-per-share (PPS): As one of the most basic pool reward structures, the PPS approach offers an instant payout for each share of the cryptographic puzzle solved. The payout is offered from the mining pool’s existing balance.
  • Full-pay-per-share (FPPS): As well as benefiting from the block reward, the FPPS approach allows for participating miners to benefit from transaction fees. A transaction fee is calculated over a certain period, added to the block reward, and then distributed to the miners according to the PPS model described above.
Additional examples of pool reward structures can be found on the Bitcoin Wiki page.
Advantages Vs. Disadvantages of Mining Pools
To conclude, mining pools have their own advantages and disadvantages. A few advantages to consider when deciding whether to enter a mining pool include:
  • More stable income
  • Potentially lower costs of mining
  • Potential of generating a higher income
Conversely, disadvantages of mining pools include:
  • Mining pools may suffer interruptions
  • Block rewards have to be shared
  • Potentially unfavourable pool reward structure
It is important to understand what a mining pool is before deciding to engage with one. This article was designed to give you an in-depth but accessible insight into mining pools.

How does a Bitcoin node verify a transaction?

How does a Bitcoin node verify a transaction?

A node will look at a transaction as it arrives and then run a series of checks to verify it.
Each node builds its own transaction pool, which are mostly the same.
The conditions can change and evolve over time and a present list can be checked through the AcceptToMemoryPool, CheckTransaction & CheckInputs functions in the bitcoin client.
1. The transactions syntax and data structure are correct.
2. The input and outputs have values.
3. The transaction is less than the block size of 1 MB.
4. The values must be more than 0 and less than 21 million.
5. None of the inputs have a hash that is equal to 0.
6. The locktime is less than the maximum allowed number.
7. The transaction size is greater than or equal to 100 bytes.
8. The number of signatures is less than the signatute limit.
9. The unlocking script can only push numbers onto the stack.
10. The locking script must match isstandard format.
11. A matching transaction must exist.
12. If a transaction is missing move the transaction to the orphan transaction pool.
13. If the transaction is a coinbase transaction then it must have a maturity of 100 confirmations.
14. For each input the output must exist and not have been spent.
15. Check that each input value is in the required range.
16. Reject if the input value is less than the output value.
17. Reject if the transaction value is to low to get into an empty block.
18. The unlocking scripts for each input must be verified against the output locking scripts.
How to Identify a Bitcoin or Ethereum Cloud Mining Scam?

How to Identify a Bitcoin or Ethereum Cloud Mining Scam?

Any new industry is full of scams and the Bitcoin and Crypto industry is no exception. From scam coins to mining rigs and contracts there are a multitude of methods to steal your hard earned cash and pull the wool over your eyes. 
So how do you identify a Bitcoin scam. Well it's really difficult for anyone to know and the scam artists are becoming more clever.
Here at CryptoCompare we do all the hard work so you don't have to. We trawl the web and if we have any doubts about the Company offering the Bitcoin cloud mining contract it does not appear on our list. The same goes for mining equipment - if we haven't got one and tested it - or seen sufficient evidence of its existence or a decent track record for the Company - only then will we list it. We also list all the Companies that have had dubious reports on forums from the community. 
For example there are a lot of sites that compare mining contracts for Bitcoin, Litecoin and Ethereum - but they are rewarded by the scam artists for sending potential users to their sites.
So these comparison sites don't really mind running a fake advert for some scam artists as they get a share of whatever the victim hands over! They just quietly take the money and allow themselves to be led by the hand and not looking after their users.
In 2014 and 2015 there has been a shift from mining rigs being used by individuals to it being too expensive for individuals alone to carry out - so the market for cloud mining has grown and grown. This has caught the eye of the scam artists who have set up a number of cloud mining sites offering mining contracts for Bitcoin, Ethereum and other alt coins
With any industry the scammers have to stay one step ahead of those policing it. With Bitcoin it is incredibly difficult to get any distinct proof as the industry is geographically spread - but there are red flags we look for that usually mean somethings up.
Here are some of the tricks they use:
1. The domain name is never registered to a real user but is instead hidden.
2. They register a Company - a number have done so in London to give the illusion of prestige - but the Directors are often registered as foreign residents where identity requirements are easily faked.
3. They are evasive when asked to show proof of their equipment.
4. They set aside funds and use initial funds from clients to make payouts to again give an illusion of respectability and honesty that then will generate more clients. They show a Bitcoin address that they make payouts from that is verifiable. One day the address stops paying.
5. They use promotion over substance with, for example, videos using fake representatives and offices -again with no proof of equipment.
6. They advertise with comparison sites who don't fully check out the Company's credentials as they are given a share of the profits from the scam . The Comparison sites say the site can be verified as it is making payouts from a particular Bitcoin address. See point 4.
So don't jump in to just any mining provider - check our Company lists and reviews from community members - check our equipment reviews and check our list of scam companies that don't have sufficient proof to be verified. It's better to be safe than sorry.
Bitcoin Chart

Bitcoin Chart

What is A-Ads – Scam or Legit?

What is A-Ads – Scam or Legit?

Today we take a look at A-Ads (Bitcoin Advertising Network) for you. What is A-Ads? A scam or a legit platform? Will it be something for you or not? A bonus opportunity. These are some of the main questions this short review will focus on. Ok, here we go!
Product: A-Ads (Bitcoin advertising network)a-ads review
Website: a-ads.com
Owner: Arsen Gasparyan
Price: FREE to join
Who is it for: Any country is accepted
Overall rating:  (3.7 / 5)

Important to mention before we continue with the review:

Please do NOT invest more money than you can afford to lose into ANYTHING.
Also, always do your own due diligence before making any decisions to invest. This article should not serve as investment advice.
This post is mainly to help you to make a more educated choice and point out both pros and cons of the particular company being reviewed.
Ok, with that being said, let´s continue with the review:

What is A-Ads about?

A-ADS (Anonymous Ads)is an online advertising platform and network that doesn´t collect personal data. Anyone in any country is welcomed to use their advertising and publishing services. Their “slogan” is that users privacy should be kept, meaning their ads contains no scripts or cookies.
is a-ads legit

Currently, their ad impressions are (around) 152 million (!) per day to visitors from all the world.

How does it work?

First of all, this works for you no matter what country you are living in, everyone is welcome to use either their advertising or publishing service.

It is simple to use and it takes less than a minute to create a new advertising campaign. You are also provided with transparent statistics, automated bitcoin transactions and traffic from thousands of websites and apps.
You can also use the service as an affiliate, meaning you can earn money by recruiting people to the network.
Below you can hear the owner himself (Arsen Gasparyan) explain what the program is and how it works in a video that might be useful for you:

How to join?how does a-ads work

If you want to join this popular advertising network just go to: a-ads.com and sign up. Simply fill up the required fields, that only consists of your desired username, email and a password of your choice (see screenshot to the right):



How to become an affiliate – You need education first.

Becoming an affiliate is also super simple and absolutely anyone can join. However, it is not something I would recommend unless you know how to recruit people.
In case you are interested in educating yourself how to do that then the absolute best thing I can recommend is to get yourself educated.
There are places where you even can get step-by-step video instructions, the absolute best place I can recommend is the WA University, where you can get a FREE membership for as long as you want.
** click here if you are interested in learning more about that
However, if you already know how to generate traffic and get referrals then see (below) how easy it is to get started as an affiliate.

How to create A-ads affiliate program affiliate link in 30 seconds:
1. Click on the “Earn tab” in the “top menu”:
is a-ads a scam
2. Select any ad unit type you desire (if you don’t plan to embed your ad unit anywhere, then select “affiliate”):
a-ads reviews
3. If you want to do it “the fastest way” then you only scroll down to withdraw parameters, click on the “Bitcoin address tab”, paste your bitcoin address (where your earnings will be send) and click “Create ad unit”:
what is a-ads
Done!, notice that your affiliate link has been created!
what is anonymous ads
Once this is done you can now start to share your affiliate link with potential advertisers and get 50% of the fees collected from ads that they create.
Important to mention here: You can, if you want to set up your payment details so that you get paid on auto-pilot every 24 hours (if you have reached the minimum payout of 0,001 BTC), you do this simply by going to your profile settings and add your payment details there.

The products and servicesanonymous ads services

The products and services being offered is:
  • Advertising service
  • Publishing service
  • Affiliate service

Is A-Ads a scam?

So, is A-Ads a scam? No, it is not a scam, it is actually one of the most well known and trusted Bitcoin ad network platforms out there, just Google around online for a short time and you will see most people talking about the platform as their preferred choice.
However, please do NOT invest more money into this (or anything else) than you can afford to lose!
Stick to the “rule of thumb” above and you will be just fine.

Are there any red flags?

Are there any red lags? Let´s take a look at the most well known online review and rating sites to see what score they have given A-Ads:
After looking at the most well-known, such as Trustpilot, Trustlink, BBB (better business bureau), Ripoffreport, etc I found that there weren´t many complaints at all, it wasn´t actually that much info at all.

The online reviews and rating:

Trustpilot
Overall rating:  (4 / 5) (out of 2 reviews
BBB
Overall rating: N/A
Yelp
Overall rating: N/A
Ripoff Report
Overall rating: N/A

Is this for you?

One thing that is always good to do, to get a better overall picture of a company to get a better overall picture is to compare its pros against its cons to get a better overall picture. Below I have pointed out some obvious points to make this job easier for you:

The good

  • Well known and trusted by many (A quick look at some Bitcoin blogs reveals that this network is used by many Bitcoin enthusiasts)
  • Good alternative way to advertise (Most people only use Google Adwords, FB Ads, Solo Ads, etc. (Many are not aware “or skeptical” to use Bitcoin alternatives, so now might be a great time to start, before the masses join)
  • Easy to use (Simplicity is something that I personally appreciate a lot), maybe you do also?
  • Transparency (This is ALWAYS a good thing)

The bad

  • Bitcoins only: The only way you can be paid is through bitcoin (personally I don´t see this as a problem).
  • The Low Ads In Rotation (This will most likely become better as more and more advertisers join the program)
  • Advertisers that participate in the program are still relatively small.

Final words and verdict

Verdict: Legit
Overall rating  (3.5 / 5)
Ok, I think that sums up the overall picture of this advertising network pretty well. I have to call this legit for now, also I have to say that it is the Bitcoin ad platform I am most impressed with that I have reviewed so far. With that being said I will not recommend it though, as I am not sure of its effectiveness.
The rating 3,5 stars out of 5 is an ok one, and it feels very fair for now. This rating can of course change to both a higher or a lower one as we make sure to update this reviews as soon as any “news” comes up.
I hope you found this short review of A-ADS to be helpful and now you should have a better understanding of what it is and if it is something for you or not. If you have used any of their services please share your experience below as it can help others. Also, if you got any other question about this review I will be more than happy to answer them below!
I wish you success!

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